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5 Large Caps For Momentum Investors

|Includes: AAPL, Arthur J.Gallagher & Co. (AJG), MO, SCHW, TSS

This morning I wanted to find 5 Large Cap stocks with consistent upside momentum. I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest number of new highs in the last month, then again for technical buy signals of 80% or more. Today's Watch List includes:

Arthur J Gallagher (NYSE:AJG), Charles Schwab (NYSE:SCHW), Total Systems (NYSE:TSS), Altria Group (NYSE:MO) and Apple (NASDAQ:AAPL).

Arthur J Gallagher

Barchart technical indicators:

 

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 3.23% in the last month
  • Relative Strength Index 58.42%
  • Technical support level at 52.13
  • Recently traded at 52.40 with a 50 day moving average of 50.70


Charles Schwab

Barchart technical indicators:

 

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 4.58% in the last month
  • Relative Strength Index 66.34%
  • Technical support level at 40.76
  • Recently traded at 41.12 with a 50 day moving average of 37.57


Total Systems

Barchart technical indicators:

 

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 7.55% in the last month
  • Relative Strength Index 71.68%
  • Technical support level at 53.00
  • Recently traded at 53.40 with a 50 day moving average of 49.95


Altria Group

Barchart technical indicators:

 

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 2.54% in the last month
  • Relative Strength Index 62.59%
  • Technical support level at 67.76
  • Recently traded at 67.95 with a 50 day moving average of 65.45


Apple

Barchart technical indicators:

 

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 4.36% in the last month
  • Relative Strength Index 69.84%
  • Technical support level at 118.14
  • Recently traded at 118.99 with a 50 day moving average of 112.94