January 2011 Archives

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3 stocks that have it all

I was listening to a song by Queen and the lyrics of "I want it all, I want it all, I want it all and I want it now" struck a cord for this post. I decided to find three stocks that have it all and they have it now. And what might that be you may ask?

What I want is:

1 - A stock that has Wall Street brokerage analysts publishing buy recommendations based on double digit sales and earnings growth projections
2 - A stock that has a wide, popular and positive investor following
3 - And the I want it NOW component recent and consistent price appreciation

Let's look at 3 stocks that fit that criteria:

FDS -- Facset Research -- supplies global economic and financial data to analysts, investment bankers and other financial professionals. The company combines databases from multiple suppliers into a single online source of information and analytics, including fundamental data on tens of thousands of American and international companies and securities. The company obtains financial information from several database vendors and when possible, seeks to maintain contractual relationships with a minimum of two database providers for each type of financial data. are on a flat or royalty basis.


1 - Wall Street brokerage analysts have 2 buy and 6 hold recommendations published
2 - Sales are projected to increase by 12.00% this year and 11.90% next year
3 - Earnings are estimated to increase by 14.10% this year, 13.40% next year and continue by 14.85% annually for the next 5
4 - Investor sentiment as measured on Motley Fool is positive with the CAPS members voting 372 to 15 that the stock will beat the market and the All Stars agree 164 to 4
5 - Barchart 100% technical buy signal with all 13 of Barchart's technical indicators signalling a buy
6- 7 new highs and up 4.83% in the last month
7 - Relative Strength Index is 69.64% and climbing
8 - Trades around 99.66 well above its 50 day moving average of 93.87

CRR -- Carbo Ceramics -- the world's largest producer and supplier of ceramic proppants for use in the hydraulic fracturing of natural gas and oil wells. Demand for ceramic proppants depends primarily upon the demand for natural gas and oil and on the number of natural gas and oil wells drilled, completed or recompleted worldwides that are hydraulically fractured to stimulate production.


1 - Wall Street brokerage analysts have 4 buy and 5 hold recommendations published
2 - Sales are projected to increase by 13.40% this year and 19.80% next year
3 - Earnings are projected to increase by 20.90% this year, 22.10% next year and continue by 11.20% annually for the next 5 years
4 - Investor sentiment as measured on Motley fool is positive with the CAPS members voting 273 to 15 that the stock will beat the market and the All Stars are in agreement by a vote of 109 to 5
5 - Barchart 100% technical buy signal with all 13 of Barchart's technical indicators signalling a buy
6 - 4 new highs and up 11.41% in the last month
7 - Relative Strength Index of 73.23% and rising
8 - Trades around 113.61 which is well above its 50 day moving average of 100.37

PLCM -- Polycom -- develops, manufactures and markets a full range of high-quality, media-rich communication tools and network solutions. The company's broadband communication solutions enable business users to immediately realize the benefits of video, voice and data over rapidly growing converged networks. The company is the leading video conferencing and voice conferencing product provider and have recently entered the DSL access market, particularly in the area of integrated voice appliances and broadband access devices.


1 - Wall Street brokerages have 11 buy and 7 hold recommendations published
2 - Sales are projected to increase by 10.84% this year and 19.80% next year
3 - Earnings are estimated to increase by 37.30% this year, 25.20% next year and continue by 17.56% annually for the next 5 years
4 - Investor sentiment as measured by Motley Fool is positive with the CAPS members voting 172 to 18 that the stock will beat the market and the All Stars agree by 69 to 7
5 - Barchart 96% technical buy signal with 12 of the 13 Barchart technical indicators signalling a buy
6 - 9 new highs and up 10.84% in the last month
7 - Relative Strength Index of 61.32%
8 - Trades around 43.45 which is well above its 50 day moving average of 39.37.

Well - there's 3 stocks that have it all. Put them on your watch lists and see if this analysis is valid.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Saturday January 29, 2011

Book Review: The Little Book of Sideways Markets by Vitaliy N. Katsenelson

I don't do a lot of book reviews because I seem to love books that agree with me and hate books that have a different opinion than mine. Since I am a Momentum Investor who use Barchart I usually don't like books that dwell on fundamentals but The Little Book of Sideways Markets: How to make money in markets that go nowhere by Vitaliy N. Katsenelson published by John Wiley & Sons, Inc is one that I really can recommend whole heatedly. By the way, Wiley is the publisher of all the "Dummies" books and has a really great series "The Little Book Profits Series" that I'm going to start on soon. Don't hold it against me that my book case is filled with "Dummies" books, I'll admit to being a cult member.

Some of the books I've been asked to review I just had to decline because they were either so badly written or so convoluted and complicated that I saw no use of the book by the average reader. One series of books and DVDs sent to me by a penny stock promoter were so poorly produced and contained so many wild proposals that I thought new investors would loose a bundle following bad advice.

Although now I consider myself a Momentum Investor, I started out my career in Public Accounting after completing a degree in Accounting and Business Administration at Berry College. As an accountant I loved reading annual reports and looking at fundamentals. I soon noticed most of my fellow CPAs so over analyzed companies that they never made any money investing themselves. Most of the mutual funds had highly educated and highly paid analysts that had all the data and computer tools available but still couldn't beat the markets.

I have been a Value Line subscriber for many years and before that poured over issues at the library. One of the screens that always fascinated me was the Highest Growth Stocks screen. As Value Line puts it "To be included, a company's annual growth of sales, cash flow, earnings, dividends and book value must together averaged 10% or more for the past 10 years and be expected to average at least 10% in the coming 3-5 years.". This seemed to be the only list of stocks I would ever need.

What fascinated me about the list is that my head told me these are the stocks I should own but it seemed as many of the stocks were going down as were going up. What was the difference?

Well, Vitaliy explains the missing component in his book: Price Earnings Ratios. His analysis of why price earnings compression is so important is worth the price of this book.

The Chapter 12 -- "Applying Darwinism to the sales process" is some of the best 14 pages you will ever read.

His ideas on Total Return with the combination of price increases and dividends is an idea missed by most technical analysis followers.

He goes into detail about the risks associated with the opportunity costs of staying in cash; another point missed by most of the mutual fund portfolio managers.

There are several things you will have a much better understanding of after reading this book:

How do I evaluate the P/E ratios of the economy, the industrial sector and the individual stock?
How do I tell if the stock is a bargain or is about to run out of steam?
When should I sell and protect my profits?
Once I sell should I jump back in the market or sit on the side?
Best of all this is not your typical fundamental analysis book that is so full of formulas and equations that you need a degree in math or economics to even understand it. His parable "Tevye was a rich man" should be a classic on how to value any business proposal.

This is a book you can understand and have fun with no matter what level of experience you have. Even advanced investors have to refresh themselves in the basics once in awhile.

Read it and let me know what you think.

I found this video clip where Tadas Viskanta of Abnormal Returns interviews Vitaliy N. Katsenelson about his new book "The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere. Enjoy!


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Friday January 28, 2011

This morning I placed a sell order in my Barchart Van Meerten New High portfolio for the
Gold Double Long ETN (DGP) for very negative price trends. One of the last things I do before I push the sell button is to run a 60 minute chart that shows the price against the 20, 50 and 100 hour moving average. There is nothing worse then selling a stock because all the technical indicators are negative and not realizing that the stock is recovering from a temporary set back. This last step doesn't prevent it in all situations but it helps.


You can see by the chart that it was time to cut this one loose. The technical indicators I used to identify the potential sell were:

1 - 100% Barchart short term technical sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20, 50 and 100 daily moving averages
4 - 10 new lows and a loss of 11.07% in the last month
5 - Relative Strength Index of 30.71% and falling
6 - Trading at 36.16 well below its 50 day moving average of 40.21.

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Friday January 28, 2011

ETFs - 3 to go long and 3 to short

This mornings post is about ETFs. Over the year I found that ETFs tend to move slower than individual stocks but they also tend to follow a trend for a longer period of time. I used Barchart to screen for the ETFs hitting the most frequent new highs and lows in the last month to come up with this list. You can run your own little hedge fund buy buying the first 3 long and short the second 3. Put them on your watch lists and see how they do.

LONG WATCHLIST:

SKOR -- IQ South Korea Small Cap -- seeks to replicate, before fees and expenses, the performance of the IQ South Korea Small Cap Index. The market capitalization-weighted Index is intended to give investors a means of tracking the overall performance of the small capitalization sector of publicly traded companies domiciled and primarily listed on an exchange in South Korea.

1 - 96% Barchart technical buy signal
2 - 17 new highs and up 17.35% in the last month
3 - Relative Strength Index 68.86% and rising
4 - Trades around 31.65 with a 50 day moving average of 28.66

WOOD -- S&P Global Timber and Forest Index -- seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Global Timber & Forestry Index (the "Underlying Index"). The Underlying Index is comprised of approximately 25 of the largest publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timber lands. These include forest products companies, timber real estate investment trusts, paper products companies, paper packaging companies and agricultural products companies. The Fund generally invests at least 90% of its assets in securities of the Underlying Index and in depositary receipts representing securities of the Underlying Index.


1 - 96% Barchart technical buy signal
2 - 16 new highs and up 8.92% in the last month
3 - Relative Strength Index 76.06% and rising
4 - Trades around 48.60 with a 50 day moving average of 44.87

PPA -- Aerospace and Defense -- seeks to replicate, before fees and expenses, the SPADE Defense Index, which is designed to identify a group of companies involved in the development, manufacturing, operations and support of U.S. defense, homeland security and aerospace operations. The Fund will normally invest at least 80% of its total assets in common stocks of aerospace and defense companies. The modified market-cap portfolio is rebalanced quarterly and reconstituted annually.


1 - 96% Barchart technical buy signal
2 - 16 new highs and up 7.36% in the last month
3 - Relative Strength Index 80.93% and rising
4 - Trades around 20.09 with a 50 day moving average of 18.74

SHORT WATCHLIST:

VXX -- S&P 500 VIX Short-term ETN -- linked to the performance of the S&P 500 VIX Short-Term Futures Index. The S&P 500 VIX Short-Term Futures Index is designed to provide access to equity market volatility through CBOE Volatility Index futures. Specifically, the S&P 500 VIX Short-Term Futures Index offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects the implied volatility of the S&P 500 Index at various points along the volatility forward curve. The index futures roll continuously throughout each month from the first month VIX futures contract into the second month VIX futures contract. A direct investment in VIX (commonly referred to as spot VIX) is not possible. The S&P 500 VIX Short-Term Futures Index holds VIX futures contracts, which could involve roll costs and exhibit different risk and return characteristics. Investments offering volatility exposure can have various uses within a portfolio including hedging, directional, or arbitrage strategies and are typically short or medium-term in nature.


1 - 96% Barchsrt technical sell signal
2 - 15 new lows and down 21.94% in the last month
3 - Relative Strength Index 14.87% and falling
4 - Trades around 29.97 with a 50 day moving average of 38.43

TYP -- Technolocgy Bear 3X -- seeks daily investment results, before fees and expenses, of 300% of the price performance of the Russell 1000 Technology Index. The pursuit of daily leveraged investment goals means that the return of the Fund for a period longer than a full trading day may bear no resemblance to 300% of the return of the Index. The Index is a capitalization-weighted index of companies that serve the electronics and computer industries or that manufacture products based on the latest applied science. The Fund, under normal circumstances, creates long positions by investing at least 80% of its net assets in the equity securities that comprise the Index.


1 - 96% Barchart technical sell signal
2 - 15 new lows and down 14.87% in the last month
3 - Relative Strength Index 28.69
4 - Trades around 20.19 with a 50 day moving average of 24.15

QID -- Ultra Short QQQ -- seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The Index includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The Fund will typically concentrate its investments in issuers of one or more particular industries to the same extent that its underlying index is so concentrated and to the extent permitted by applicable regulatory guidance.


1 - 96% Barchart technical sell signal
2 - 14 new lows and down 8.43% in the last month
3 - Trades around 10.56 with a 50 day moving average of 11.62

Follow these 6 for the next week and give me some comments on the methodology. If you'd like to see more of this I do a weekly article on ETFs


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.
Posted by Jim Van Meerten Jim Van Meerten at 12:24 PM
Labels: PPA, QID, SKOR, TYP, VXX, WOOD

Comments: View Comments |  Thursday January 27, 2011

Document Services should prosper at ARC

This afternoon I added American Reprographics (ARC) to the Barchart Van Meerten Speculative portfolio. They are one of the leading reprographics company in the United States providing business-to-business document management services to the architectural, engineering and construction industry, or AEC industry. It also provides these services to companies in non-AEC industries, such as technology, financial services, retail, entertainment, and food and hospitality that also requires sophisticated document management services.

As the economy recovers document management services will enter a new era of transmittal and retrieval. A company servicing the infrastructure and construction industries should prosper.


The stock hit 16 new highs and appreciated 11.97% in the last month earning a 100% Barchart technical buy signal. The momentum means a 66.40% Relative Strength Index that continues to increase. The stock trades around 8.26 with a 50 day moving average of 7.45.

Wall Street brokerage analyst look for small sales increases of 2.20% but they project an increase in EPS of 137.20% this year and a continued 5 year annual EPS increase of 10.00%.

The CAPS members on Motley Fool think the stock will beat the market by a vote of 587 to 35 with the All Stars in agreement 234 to 11.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 26, 2011

SAIC has long-term contracts

This afternoon I purchased SAIC (SAI) for the Barchart Van Meerten New High portfolio based on very positive price momentum trends SAIC INC is a scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 40,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets.

They also have accounts with state and local government agencies, foreign governments, and customers in the commercial markets of energy, health care, environmental,and cyber security operations.

The stock is on a tear hitting 17 new highs and appreciating 5.50% in the last month. The momentum has earned it a 100% Barchart technical buy signal with a Relative Strength Index that is 70.75% and rising. It trades around 16.70 with a 50 day moving average of 15.85. If earnings projection are met and PE ratios improve this stock could give a total return of up to 22% over the next several years,

Wall Street brokerage analysts think this should be a long tern holding with 4 buy and 12 hold recommendations for their brokers to push, Although sales are expected to increase by only 2.30% this year and 2.80% next year earnings are projected to increase 16.80% this year and continue of 5 years at an annual rate of 8.48%.

There is a strong investor sentiment as measured on Motley Fool with the CAPS members voting 720 to 43 that the stock will beat the market. The All Stars are in agreement by a vote of 182 to 6.

I feel good about recommending this stock because it has a stock buy back program, several long term royalty agreements and many of the projects in the pipe line are multi-year projects. It has price momentum, Wall Street recommendations based on expected increases in sales and earnings and positive investor sentiment.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 26, 2011

Boise keep growing

This morning I entered a buy order for Boise (BZ) in the Barchart Van Meerten Speculative portfolio. Boise manufactures premium and specialty products, including papers for pressure sensitive and flexible packaging applications, container board and corrugated products, imaging papers for the office and home, printing and converting papers, newsprint, and market pulp.


The stock hit 16 new highs and appreciated by 12.77% in the last month alone earning it a 100% Barchart technical buy signal. The stock has a rising Relative Strength Index of 77.89% and trades around 8.89 with a 50 day moving average of 7.87.

Wall Street brokerage analysts have 3 buy and 1 hold recommendation released based on estimates of increased revenue and earnings. They project an increase in revenue of 6.00% this year and another 3.40% next year. Since the company has large fixed costs these increase should fall to the bottom line with expected increases in EPS of 416.70% this year, 21.50% next year and continue at 20.00% per year for 5 years out.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 26, 2011

Internet Capital weakens

This morning I placed a sell order for the Barchart Van Meerten Speculative portfolio based on negative price trends of Internet Capital Group (ICGE) :

1 - 40% Barchart short term technical sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20, 50 and 100 day moving average
4 - 19.66% off its most recent high
5 - Relative Strength Index 27.97% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 26, 2011

Vail Resorts going downhill

This morning I placed a sell order in the Barchart Van Meerten New High portfolio for
Vail Resorts (MTN) for negative price trends:

1 - 60% Barchart short term sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20 and 50 day moving average
4 - Lost 9.98% from its recent high
5 - Relative Strength Index is 35.92% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 26, 2011

Buy land - They're not making anymore -- Will Rogers

Today I took Will Rogers' advice and bought Plum Creek Timber (PCL) for my Barchart Van Meerten New High portfolio. Plum Creek Timber is the second largest private timberland owner in the United States, with approximately 7.8 million acres of timberlands located in 19 states. Their timberlands are well diversified, not only by species mix but also by age distribution. Growth rates vary depending on species, location, age and forestry practices. They manage their timberlands in two business segments: the Northern Resources Segment and the Southern Resources Segment.

As America's and Chinese thirst for wood for building materials and furniture returns the harvesting of wood should make this company a long term cash cow. As the population grows who wouldn't want to own almost 8 million acres of raw land?

I know this looks like an asset buy but it actually came to my attention when screening on Barchart for stocks hitting the most frequent new highs. This company hit 16 new highs and appreciated 12.71% in the last month earning it a 100% Barchart technical buy signal. It trades around 41.84 with a 50 day moving average of 37.65. The stocks momentum is increasing with a Relative Strength Index that is 78.90% and rising.

Wall Street brokerage analysts like this stock and have published 4 buy and 8 hold recommendations based on their projections for increases in both revenue and earnings. I think the reason there are so many hold recommendations is that the company is really an REIT holding and timber but instead of counting on rents they count on the sale of timber products to pay the bills. This stock could give a total return between 7% - 10% for many years to come.


The stock has not gone unnoticed by the general investor and has caught the eye of the members on Motley Fool. The CAPS members vote 695 to 46 that the stock will continue to beat the market with the All Stars in agreement with a vote of 240 to 9.


The reasons I like this stock are:

1 - Hitting new highs on a consistent basis
2 - Wall Street analysts are following and recommending the stock
3 - There is a wide and positive general investor sentiment
4 - I truly believe I can't go wrong owning land and timber

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 25, 2011

Put it in a box and make some money

When I go to the store, especially the grocery store, I'm amazed how many products come in a paper box, tube or carton. If the economy is recovering the way everyone is telling me it is then it would seem that an industry that's going to be right in the middle of it all would be an industry that provides paper packaging.

When I go screening for stocks I want a stock that is moving now, that analysts forecast increased sales and earnings and has a wide and positive following with the general investing public.

Let's look at a watch list of paper container companies I came up with going from large to small:

GEF - Greif Bros -- manufactures and markets a broad variety of superior quality industrial shipping containers (which include fiber drums,plastic drums, steel drums, intermediate bulk containers, and multi wall bags) and containerboard and corrugated products (which include semi chemical and recycled medium, recycled liner board, corrugated boxes and corrugated honeycomb products) as well as timber properties. Greif provides innovative packaging solutions to meet the ever-changing needs of its customers.

- 100% Barchart technical buy signal
- Hit 16 new highs and is up 1.60% in the last month
- Rising Relative Strength Index of 65.06%
- Trades around 64.03 with a 50 day moving average of 61.26
- Wall Street brokerage analysts have 5 buy and 1 hold recommendations released
- Sales projected to increase 15.30% this year and 7.20% next year
- EPS estimated to increase 13.10% this year, 11.80% next year and 10.28% annually for the next 5 years
- Investor sentiment high with the CAPS members on Motley Fool voting 315 to 8 that the stock will beat the market with the All Stars in agreement 123 to 1

GRM - Graham Packaging -- a U.S. based company engaged in the design, sale, and manufacture of value-added, custom blow-molded plastic containers for branded consumer products. Graham Packaging supplies plastic containers for hot-fill juice and juice drinks, sports drinks, drinkable yogurt and smoothies, nutritional supplements, wide-mouth food, dressings, condiments and beers. The Company also supplies plastic containers for yogurt drinks, liquid fabric care products, dish care products and hard-surface cleaners. Graham Packaging is also the supplier of one-quart/liter plastic motor oil containers in the U.S., Canada and Brazil. The Company conducts its operations through its majority-owned subsidiary Graham Packaging Holdings Company (Holdings), Holdings' wholly owned subsidiary Graham Packaging Company, L.P. (the Operating Company) and all of the Operating Company's subsidiaries.

- 100% Barchart technical buy signal
- 12 new highs and up 17.64% in the last month
- Relative Strength Index of 88.25%
- Trades around 16.08 with a 50 day moving average of 13.30
- Wall Street brokerages have published 5 buy and 1 hold recommendation
- Sales projected to increase 14.10% next year
- EPS expected to grow 10.00% annually for the next 5 years
- Investor sentiment on Motley Fool small but positive with the CAPS members betting 18 to 0 that the stock will beat the market and the All Stars voting 6 to 0

MPAC - Mod-Pac -- a specialized short-run printer and a designer and manufacturer of paperboard packaging. They provide products in two primary categories, folding cartons and full color print-on-demand. In addition to the commercial print market, they also provide distinctive designs for social occasions. They personalize specialty items such as invitations, napkins, and stationery.

- 100% Barchart technical buy signal
- 10 new highs and up 16.13% in the last month
- Relative Strength Index 64.09
- Trades around 5.40 with a 50 day moving average of 4.94
- No one is presently following this stock but earnings have grown 128% annually for the last 5 years
- Well now you have 3 stocks to add to your watch list of stocks that should be poised to take advantage of a recovering economy.

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Monday January 24, 2011

Sliver Sell Signals

This morning I deleted the Ultra Silver ETF (AGQ) for the Barchart Van Meerten New High portfolio for negatived price trends:

1 - Barchart Trend Spotter (tm) sell signal
2 - Trading below its 20 and 50 day moving averages
3 - 23.13% off its recent high
4 - Relative Strength Index 36.82% and dropping

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Monday January 24, 2011

Are projection about the solar induarty too bright?

Am I the only one who is having butterflies about the solar industry? Is there a market for this renewable energy resource or is it all just smoke and mirrors? Using Barchart I found 4 solar stocks that on average are up over 20% in the last month alone. The brokerages have fantastic projections, there is very high investor sentiment but my intuition is holding me back from making a recommendation. Here's what others think, let me hear your opinions.

JKS - Jinkosolar -- a solar product manufacturer with operations based in Jiangxi Province and Zhejiang Province in China. JinkoSolar has built a vertically integrated solar product value chain from recovered silicon materials to solar modules. JinkoSolar's principal products are silicon wafers, solar cells and solar modules which are all along the photovoltaic value chain, with a global network spanning across Europe, North America and Asia.

Barchart Trend Spotter (tm) technical buy signal
9 new highs and up 29.13% in the last month
Relative Strength Index 64.33% and rising
Trades around 28.16 with a 50 day moving average of 24.63
Wall Street brokerages have 4 buy, 1 hold and 2 under perform recommendations
Revenue projected to increase 177.40% this year and 43.10% next year
EPS estimated to increase 1,302.30 this year and increase annually 15.00% for at least 5 years
Motley Fool CAPS members vote 75 to 22 and All Stars vote 14 to 8 that the stock will beat the market

SOL - Rensola -- RENESOLA and its subsidiaries are engaged in manufacturing solar wafers in the People's Republic of China. The company's solar wafers are sold to both Chinese and international photovoltaic cell and module manufacturers. The company's customers include some of the leading manufacturers of solar cells and modules, such as JA Solar Co., Ltd., Motech Industries Inc., Solarfun Power Holding Ltd., Suntech Power Co. Ltd. and Topco Technologies Corp.

Barchart Trend Spotter (tm) technical buy signal
8 new highs and up 23.40% in the last month
Relative Strength Index 55.18%
Trades around 10.23 with a 50 day moving average of 9.42
Wall Street brokerages have 8 buy and 2 hold recommendations published
Revenue projected to increase 131.50% this year, 16.80% next year
EPS estimated to increase 324.40% this year, 11.90% next year and 11.67% annually for at least 5 years
Motley Fool CAPS members vote 1,103 to 29 and the All Stars vote 297 to 4 that the stock will beat the market

LDK - LDK Solar -- a manufacturer of multicrystalline solar wafers, which are the principal raw material used to produce solar cells. LDK sells multicrystalline wafers globally to manufacturers of photovoltaic products, including solar cells and solar modules. In addition, the company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers. LDK's headquarters and manufacturing facilities are located in Hi-Tech Industrial Park, Xinyu City, Jiangxi province in the People's Republic of China. The company's office in the United States is located in Sunnyvale, California.

88% Barchart technical buy signal
5 new highs and up 21.09% in the last month
Relative Strength Index 62.40% and rising
Trades around 12.72 with a 50 dy moving average of 11.11
Wall Street brokerages have published 10 buy, 6 hold and 5 under perform recommendations
Revenue projected to increase 111.60% this year and 27.60% next year
EPS estimated to increase by 188.10% this year, 19.90% next year and 23.35% annually for the next 5 years
Investor sentiment on Motley Fool is high with the CAPS members voting 1,372 to 94 and the All Stars 320 to 33 that the stock will bet the market

TSL - Trina Solar -- currently one of the few private manufactures who has developed a vertically integrated business model from the production of monocrystalline ingots, wafers and cells to the assembly of high quality modules.They are led by an international management team from over 6 different countries with deep solar private industry experience.They has reached long term partnerships with leading technology suppliers in Switzerland, Italy and Germany, which provide the latest technology for Their production facilities in China. These partnerships are another quality guarantee for Their end customers and enable Them to work jointly towards a brighter future.

80% Barchart short term technical buy signal
13 new highs and up 18.66% in the last month
Relative Strength Index 65.16% and rising
Trades around 27.37 with a 50 day average of 24.35
Wall Street brokerages have published 25 buy, 3 hold and 2 under perform recommendations
Revenue projected to increase by 104.10% this year and 18.10% next year
EPS estimated to increase 100.00% this year, 8.00% next year and 18.98% annually for the next 5 years
Investor sentiment on Motley Fool high with the CAPS members voting 1,034 to 186 and the All Stars 267 to 64 that the stock will beat the market.

As I write this post this song keeps ringing in my head:

Everybody's wrong everybody's right
Someone must be wrong when someone else is right
Everybody's wrong everybody's right
You tell me that I'm wrong
Then you tell me that I'm right

Are too many people expecting too much from the solar industry? Is the industry already over valued? Should I get on board or hop off? IS everybody wrong or is everybody right?

Comments please!!!!

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 20, 2011

Beneificial Mutual makes money the old fashion way

This morning I added Beneficial Mutual Bancorp (BNCL) to the Barchart Van Meerten Speculative portfolio. This bank makes money the old fashion way -- they take in deposits and they make loans in the local community markets they are familiar with. Community banks with strong, local, long term ties should be able to make the most of the recovery in their home local markets.

The Company is a community-based, diversified financial services company providing consumer and commercial banking services. Its principal subsidiary, Beneficial Bank, has served individuals and businesses in the Delaware Valley area for more than 150 years. The Bank is the oldest and largest bank headquartered in Philadelphia, Pennsylvania with 72 offices in the greater Philadelphia and Southern New Jersey regions. Insurance services are offered through Beneficial Insurance Services, LLC and wealth management services are offered through Beneficial Advisors, LLC, both wholly owned subsidiaries of the Bank.

Although the bank is local it is well known nationally.

The stock hit 14 new highs and appreciated 13.99% in the last month earning it a 72% Barchart overall technical buy signal. The Relative Strength Index is 65.42% and it trades around 9.21 with a 50 day moving average of 8.32.

Wall Street brokerages have this on their buy list of regional banks with 5 buy and 2 hold recommendations published. They expect revenue to increase by 11.30% this year. The real story is in next years EPS which is estimated to increase by 387.50% and continue by another 10.00% annually for at least 5 years.

For a small regional bank it's gotten notice by the general investor over on Motley Fool with the CAPS members thinking the stock will beat the market by a vote of 24 to 10 and the All Stars are in agreement 6 to 3. Fool notes that there have been 3 positive Wall Street columnists articles recently.

If you want to get on board the economic recovery then consider this regional bank who has gained national notice not only by the Wall Street brokerages but the small retail investor as well.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 20, 2011

6 Hot Penny Stocks for your watch lists

I found these stocks by screening on Barchart for those OTCBB stocks hitting the most frequent new highs.

Penny stocks are not investments and should be considered to be speculative or pure gambling - Lotto tickets legal in all states. These are not buy recommendations just something to put on your watch
list and have some fun with.

ENTB - Entest Biomedical

100% Barchart technical buy signal
18 new highs and up 150.00% in the last month
Relative Strength Index 91.37% and rising
Trades around 3.50 with a 50 day moving average of 1.60

SNRV - Sun River Energy

96% Barchart technical buy signal
17 new highs and up 50.00% in the last month
Relative Strength Index 82.71% and rising
Trades around 3.60 with a 50 day moving average of 2.44

CHME - China Medicine

60% Barchart short term technical buy signal
16 new highs and up 40.93% in the last month
Relative Strength Index 64.23% and rising
Trades around 2.07 with a 50 day moving average of 1.80

DYSC - Derycz Scientific

88% Barchart technical buy signal
15 new highs and up 40.93% on the last month
Relative Strength Index 76.97% and rising
Trades around 3.20 with a 50 day moving average of 2.32

LFVN -- Lifevantage Corp

88% Barchart technical buy signal
15 new highs and up 100.00% in the last month
Relative Strength Index 84.25
Trades around .72 with a 50 day moving average of .40

PAMT - Parametric Sound

Trading less than 6 month so not rated by Barchart
14 new highs and up 85.71% in the last month
Relative Strength Index 80.84
Trades around .65 with a 50 day moving average of .37

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 20, 2011

Kubota - Chart of the day

Barchart.coms

Chart of the Day - Kubota Corp (KUB)
Barchart Research Team - Barchart.com - Wed Jan 19, 5:34PM CST
Related Stocks
KUB - Kubota Corporation

Sym Last Chg Pct
KUB 49.79 +0.12 +0.24%
The "Chart of the Day" is Kubota Corp (KUB), which showed up on Wednesday's Barchart "NYSE 12-month High" list. Kubota on Wednesday closed 0.24% higher and edged to a new 1-year high of $50.07. A rally above the current 4-year high of 51.08 posted in Jan 2010 would be a particularly bullish technical development. TrendSpotter has been long Kubota since Nov 5 at $47.16. Kubota Corp, with a market cap of $12.7 billion, is the world's largest maker of small tractors and Japan's second largest manufacturer of farm equipment.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "New Highs/Lows" page. Then we clicked on the entry for NYSE 12-month highs. A new 12-month high is a popular sign of upside momentum. We then clicked on the "12-Month # Highs" column heading twice in order to sort the list in ascending order. Stocks with the fewest number of 12-month highs over the past 12 months are stocks that have only recently broken out to a new 12-month high and may have better upside potential then stocks that have already rallied sharply and have posted many new 12-month highs.
Barchart's Opinion trading systems are mostly a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
TrendSpotter: Buy
Short-Term Indicators: 80% Buy
Medium-Term Indicators: 100% Buy
Long-Term Indicators: 100% Buy
Overall Average 96% Buy

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 20, 2011

Aegon NV is a turnaround candiadate

This morning I added Aegon NV (AEG) to the Barchart Van Meerten New High portfolio as a turnaround opportunity. Aegon N.V. is an international insurance group which writes life and health insurance and offers related pension, savings and investment products in Europe, North America and the Caribbean. The Company's other lines of business include property and casualty insurance and financial services.

AEG is paying off their bail out from the Dutch government and will be a turn around opportunity much like our banks and insurance stocks.

The stock came to my attention when screening for stocks hitting new highs on Barchart. The 18 new highs and price appreciation of 19.73% in the last month has earned the stock a 100% Barchart technical buy signal. With a climbing Relative Strength Index of 80.95% the stock trades around 7.19 which is well ahead of its 50 day moving average of 6.21.


Wall Street brokerages look for revenues to hold steady - this is an insurance stock but predict a turn around in EPS of 711.10% this year and an annual EPS growth of 74.30% a year for at least the next 5 years.

The general investor as measured on Motley Fool agrees with the CAPS members voting 190 to 22 that the stock will beat the market. The All Stars are even more upbeat with a vote of 85 to 1.

As the world economy in general and the European economy begins to recover, you can expect the financial stocks; especially insurance companies to prosper.

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 19, 2011

Weyerhauser for income accounts

This morning I put in a buy order for Weyerhauser (WY) in the Barchart Van Meerten New High portfolio.

Weyerhaeuser Company is principally engaged in the growing and harvesting of timber and the manufacture, distribution and sale of forest products, real estate development and construction, and other real estate related activities. Its business segments are timberlands; wood products;pulp, paper and packaging; and real estate and related assets. In reality they are a timber land REIT.

The company came to my notice when I was screening on Barchart for companies hitting the most frequent new highs. The 18 new highs and price appreciation of 19.73% in the last month has earned the stock a 96% Barchart technical buy signal. The stock trades around 21.52 which is well above its 50 day moving average of 18.49. The upward move is steady and the Relative Strength Index is 75.51%,

Wall Street brokerages have bright projections for increases in sales and earnings and have published 5 buy and 9 hold recommendations for their clients. Revenues are projected to increase 16.90% this year and also by another 4.60% next year. The real story is in the EPS estimates of an increase of 120.00% this year, 41.50% next year and another 2.50% annually for the next 5 years.

The general investor sentiment is high with the Motley Fool CAPS members voting 338 to 69 that the stock will beat the market. The All Stars agree with a vote of 129 to 21.

I think the steady income stream plus efficiencies planned will make this a really great total return stock. Dividend could easily double in the next few years.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 19, 2011

Cree Inc -- CREE -- sell signals

This morning I deleted Cree Inc (CREE) from the Barchart Van Meerten New High portfolio for negative price trends:

1 - 60% Barchart short term technical sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20 and 50 day moving averages
4 - 9.39% off its most recent high
5 - Relative Strength Index 38.04% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 19, 2011

Barchart Morning Call
Barchart.com - 51 mins ago
Overnight Developments
Global stocks are trading mixed with the European Euro Stoxx 50 index down -0.30% and March S&Ps off by -1.40 points. The dollar index weakened to its lowest level in 1-3/4 months, which has given most commodities a lift. The British pound strengthened against eh dollar after Dec UK jobless claims unexpectedly fell -4,100 to their lowest level in 21 months, while Nov Spain home sales fell -6.2% y/y, their third month of declines. Greek 10-year government bonds fell, which widened the yield spread with German bunds by 24 bp to 856 bp, after Die Zeit newspaper reported that the German government is considering a plan that would help Greece "restructure" its debt. ECB officials are toning down their threat to raise interest rates, saying financial markets have over-reacted to their change in tone on inflation when ECB Council member Nowotny said that ECB President Trichet's CPI statements were interpreted in a "one-sided-way" and that he "sees present rates adequate" for the "foreseeable future."
The Asian stock markets today closed mostly higher with Japan up +0.36%, Hong Kong +1.10%, China +2.26%, Taiwan +1.09%, Australia +0.68%, Singapore -0.23%, South Korea +0.96%, India -0.60%. Asian technology stocks rose after US bellwethers Apple and IBM reported earnings that exceeded analyst expectations. Phoenix Television reported that an unidentified official with the PBOC said economic figures due tomorrow were leaked and will show Dec China CPI rising +4.6% y/y, right on market expectations, and that China's economy grew 10.3% last year, which would exceed market expectations of 10.2% y/y. Jan Australia consumer confidence plunged -6.4 to 104.6, its lowest level in 7 months on concern that flood damage in Queensland state will weaken the country's economy. The worst floods in 50 years in Australia may cost as much as A$20 billion ($19.9 billion), or about 1.5% of GDP, according to the Australia & New Zealand Banking Group Ltd., and prompt the RBA from raising interest rates in the foreseeable future.

Overnight U.S. Stock News
March S&Ps this morning are trading down -1.40 points. The US stock market yesterday gyrated on both sides of unchanged into early afternoon when it rallied into the close as weakness in the technology sector was offset by strength in European markets on optimism that EU leaders will increase efforts to stem the debt crisis: Dow +0.43%, S&P 500 +0.14%, Nasdaq Composite +0.38%. The Dow and S&P 500 both posted 2-1/3 year highs and the Nasdaq posted a 9-3/4 year high. Bullish factors for stocks included (1) carry-over support from a rally in European stocks on speculation EU leaders will increase efforts to stem the sovereign-debt crisis, (2) strength in energy and raw-material producers after a slide in the dollar index to a 1-3/4 month low prompted a broad-based rally in commodities, and (3) strong foreign demand for US dollar assets after the Nov long-term TIC flows increased by $85.1 billion, much larger than expectations of $40.0 billion.

Bearish factors included (1) the slide in homebuilders on concern the housing crisis may linger after the unexpected stagnation in the Jan NAHB housing market index (unchanged at 16 versus expectations of +1 to 17), (2) weakness in technology stocks after Apple fell on leadership concerns when the company reported that CEO Steve Jobs will take a leave of absence to focus on his health, and (3) the warning from the IEA that the current price of oil is "alarming" and may endanger the recovery in the global economy.

Apple (AAPL) rose 1.9% in pre-market trading after it reported late yesterday Q1 profit of $6.43 a share, easily surpassing analysts' estimates of $5.41 a share.

International Business Machines (IBM) rose 2.4% in pre-market trading after it reported Q4 profit of $4.18 a share, topping analysts' estimates of $4.08 a share.

Today's Market Focus
March 10-year T-notes this morning are down -2 ticks. T-note prices yesterday erased an early rally and sold-off on an increase in inflation concerns: TYH11 -8.5, FVH11 -2.2, EDM11 +1.0. Bearish factors included (1) as increase in inflation concerns as the yield curve steepened to an all-time high after the yield spread between 2-year T-notes and 30-year T-bonds widened to a record 409 bp, the steepest since data began in 1977, (2) comments from Philadelphia Fed President Plosser who said he won't rule out raising interest rates despite unemployment remaining too high for the foreseeable future, and (3) reduced safe-haven demand for Treasuries after the S&P 500 climbed to a 2-1/3 year high. Bullish factors included (1) strong foreign demand for US Treasuries after the Nov long-term TIC data showed total foreign purchases of US Treasury notes and bonds were $61.7 billion in Nov, up from $24.7 billion in Oct, the prediction from the CIBC that the Fed will be on hold until 2013 as the US housing and labor markets struggle to recover, and (3) the unexpected stagnation in the Jan NAHB housing market index (unchanged at 16 versus expectations of +1 to 17).

The dollar index this morning is weaker and at a 1-3/4 month low with the dollar/yen -0.32 yen and the euro/dollar +0.91 cents. The dollar index yesterday slid to a 1-3/4 month low and finished weaker on speculation Euro-Zone finance ministers will increase efforts to prevent the sovereign-debt crisis from deepening: Dollar Index -0.375, USDJPY -0.442, EURUSD +0.00142. Bearish factors included (1) a rally in the euro to a 1-month high against the dollar on speculation that European leaders will increase their efforts to stem the debt crisis after European Union Economic and Monetary Affairs Commissioner Rehn said, "We shall improve our current existing financial backstops so that the so-called market forces cannot have even the slightest doubt about our capacity to act even in the most stresses scenarios," (2) the larger-than-expected increase in the Jan German ZEW economic sentiment survey to a 6-month high, which is euro supportive, (3) strength in the British pound which climbed to a 1-3/4 month high against the dollar after Dec UK CPI matched its highest level in 2 years and fuels speculation the BOE may need to raise interest rates, and (4) the prediction from the Canadian Imperial Bank of Commerce that the Fed will be on hold until 2013 as the US housing and labor markets struggle to recover. Bullish factors included (1) comments from Philadelphia Fed President Plosser who said he won't rule out raising interest rates despite unemployment remaining too high for the foreseeable future, and (2) the larger-than-expected increase in the Nov long-tern TIC flows, which signals strong foreign demand for US dollar assets.

February crude oil prices this morning are trading up +58 cents a barrel and February gasoline is +1.75 cents per gallon. Crude oil and gasoline prices yesterday fluctuated on either side of unchanged and finally settled lower after the IEA said that global crude supplies are ample: CLG11 -0.16, RBG11 -1.54. Feb gasoline climbed to a 2-1/3 nearest-futures high but erased its gains and finished lower. Bearish factors included (1) comments from the IEA that global oil supplies in the most developed economies still "looks relatively comfortable," with North American inventories "well above" the 5-year average, (2) IEA data that shows OPEC compliance with its late 2008 crude oil production cuts fell to 45% in Dec from 51% in Nov as the recent rise in prices encouraged OPEC members to cheat and overproduce from their quotas. Bullish factors included (1) the slide in the dollar index to a 1-3/4 month low, which boosts investment demand for commodities, and (2) the action by the IEA to raise their 2011 global oil demand forecast for a fourth month after they hiked their global oil consumption estimate for 2011 to 89.1 million barrels a day, up 360,000 barrels a day from last month's forecast.

Today's U.S. Earnings Reports
Earnings reports (confirmed releases, sorted by mkt cap) WFC-Wells Fargo (BEST earnings consensus $0.63), GS-Goldman Sachs Group (3.79), USB-US Bacncorp (0.47), BK-Bank of New York Mellon (0.57), EBAY-eBay (0.47), STT-State Street Corp. (0.85), KMP-Kinder Morgan Energy Partners (0.43), NTRS-Northern Trust (0.71), FFIV-F5 Networks (0.83), APH-Amphenol (0.73), XLNX-Xilinx (0.51), CMA-Comerica (0.31), HCBK-Hudson City Bancorp (0.22), SLM-SLM Corp. (0.71), STX-Seagate Technology PLC (0.34), RJF-Raymond James Financial (0.53).


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 19, 2011

Timberland -- TBL -- Cahrt of the day

Barchart.com's Chart of the Day - Timberland Co (TBL)
Barchart Research Team - Barchart.com - Tue Jan 18, 5:22PM CST
Related Stocks
TBL - Timberland Company

Sym Last Chg Pct
TBL 26.89 +0.68 +2.59%
The "Chart of the Day" is Timberland Co (TBL), which showed up on Tuesday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Timberland on Tuesday rallied by 2.59% to post a new 3-1/2 year high. The stock has rallied sharply in the past week on above-average volume, a sign of active buying. In recent news on the stock, the WSJ reported on Dec 28 that Timberland's CEO foresees that Timberland, which already has 110 stores in China, will be able to double its sales in China over the next three years. Timberland, with a market cap of $1.3 billion, wells premium-quality footwear products for men, women and children and apparel and accessories products for men and women.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.
Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
TrendSpotter: Buy
Short-Term Indicators: 100% Buy
Medium-Term Indicators: 100% Buy
Long-Term Indicators: 100% Buy
Overall Average 100% Buy

Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual

Chart of the Day Archive
View Past Chart of the Day Reports

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 19, 2011

3 Electical Manufacturing stocks for your Watch lists

Today when screening sectors on Barchart I found 3 great stocks in the Electrical Manufacturing sector. The sector is climboing and so are these stocks and here is why I think you should include them on your watch lists.

UTEK - Ultratech -- develops, manufactures and markets photolithography equipment designed to reduce the cost of ownership for manufacturers of integrated circuits, including advanced packaging processes, photomasks, thin film magnetic recording devices and micromachined components. The Company supplies step-and-repeat systems based on one-to-one and reduction optical technology to customers locatedthroughout North America, Europe, Japan and the rest of Asia.

1- 100% Barchart technical buy signal
2 - 4 new highs in the last 5 days and up 10.12% for the month
3 - Relative Strength Index 71.38%
4 - Trading at 22.98 which is above its 50 day moving average of 19.46
5 - Wall Street brokerages have 2 buy and 1 hold recommendations
6 - Sales projected to increase 44.30% this year and 29.80% next year
7 - Earnings per share expected to increase 644.40% this year, 77.60% next year and 16.00% annually for the next 5 years
8 - Investor sentiment on Motley Fool mixed with CAPS members voting 107 to 124 that the stock won;t beat the market with the All Stars in agreement 25 to 63.
9 - Someone is wrong on this stock big time

UCTT - Ultraclean -- a developer and supplier of critical subsystems for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean offers its customers an integrated outsourced solution for gas delivery systems and other subassemblies, improved design-to-delivery cycle times, component neutral design and manufacturing and component testing capabilities. Ultra Clean's customers are primarily original equipment manufacturers for the semiconductor capital equipment, flat panel, solar and medical device industries. Ultra Clean is headquartered in Menlo Park, California.

1 - 100% Barchart technical buy signal
2 - 5 new highs and up 32.69% in the last month
3 - Relative Strength Index 84.34% and rising
4 - Trading around 12.70 which is above its 50 day moving average of 8.92
5 - Wall Street brokerages have 3 buy recommendations
6 - Sales projected to increase 172.80% this year and 10.90% next year
7 - EPS per share expected to increase 288.00% this year, 24.50% next year and 20.00% per year for the next 5
8 - Investor sentiment on Motley Fool high with CAPS members voting 382 to 9 that the stock will beat the market and the All Stars agree 136 to 1

TSRA -- Tessera Technologies -- develops semiconductor packaging technology that meets the demand for miniaturization and increased performance of electronic products. Tessera licenses its technology to its customers, enabling them to produce semiconductors that are smaller and faster, and incorporate more features. These semiconductors are utilized in a broad range of communications, computing and consumer electronic products.
1 - 100% Barchart technical buy signal
2 - 7 new highs and up 11.92% in the last month
3 - Relative Strength Index 73.26% and rising
4 - Trades around 23.05 which is above its 50 day moving average of 21.19
5 - Wall Street brokerages have 3 buy and 3 hold recommendations
6 - Sales projected to increase 8.30% next year
7 - EPS expected to increase by 13.30% next year and 24.00% annually for 5 years

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 18, 2011

PDL Biopharma -- Sell Signals

This morning I deleted PDL Biopharma (PDLI) from the Barchart Van Meerten Speculative portfolio for negative price trends:

1 - 40% Barchart technical sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20, 50 and 100 day moving averages
4 - Lost 18.02% from its most recent high
5 - Relative Strength Index 30.40% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 18, 2011

Brachart Morning Call


Barchart.com - Tue Jan 18, 7:00AM CST

Overnight Developments
•Global stocks are trading higher with the European Euro Stoxx 50 index up +1.03% and at an 8-1/2 month high and March S&Ps up +1.60 points at a fresh contract high. The dollar index slipped to a 1-3/4 month low and most commodities strengthened after Euro-Zone finance ministers pledged to strengthen the safety net for debt-strapped countries. After a meeting with Euro-Zone finance ministers in Brussels yesterday, European Union Economic and Monetary Affairs Commissioner Rehn said, "We shall improve our current existing financial backstops so that the so-called market forces cannot have even the slightest doubt about our capacity to act even in the most stresses scenarios." Also helping to boost European stocks was the larger-than-expected increase in the Jan German ZEW survey of economic sentiment, which rose +11.1 to 15.4, a 6-month high. European bank stocks rallied after Belgium's finance minister pushed for a "common view" on bank stress tests with the IMF and said greater transparency in stress tests can be achieved by having "the same criteria in the US and Europe."

Undercutting stock market gains was a 4.5% slump in Apple stock in European trading after CEO Jobs announced he would take a leave of absence to focus on his health. The British pound surged to a 1-3/4 month high against the dollar after Dec UK CPI rose more-than-expected and climbed to a 2-year of +3.7% y/y, which fueled speculation that the BOE may need to raise interest rates.

•The Asian stock markets today closed mostly higher with Japan up +0.15%, Hong Kong -0.01%, China +0.11%, Taiwan +0.70%, Australia +0.81%, Singapore +0.34%, South Korea -0.16%, India +1.11%. Asian technology stocks closed higher and led the broader market with gains after the Nikkei newspaper reported Elpida Memory, the world's third-largest maker of computer memory chips, will raise prices on its dynamic random-access memory chips by 10% as early as this month. China's Ministry of Commerce reported that foreign direct investment in China rose +17.4% y/y in 2010 to a record $105.7 billion, which underscores global confidence in the Chinese economy and puts pressure on the PBOC's policy of restraining yuan appreciation. India's Sensix Stock Index closed higher after Tata Consultancy Services Ltd., India's biggest software services company, posted record profit.
Overnight U.S. Stock News •March S&Ps this morning are trading up +1.60 points and posted a frech contract high in overnight trade. The US stock market last Friday shook off early weakness on China's decision to raise bank reserve requirements and finished on its high after JPMorgan Chase reported record profits: Dow +0.47%, S&P 500 -0.17%, Nasdaq Composite -0.07%. The Nasdaq posted a 9-3/4 year high and the Dow and S&P 500 posted 2-1/3 year highs. Bullish factors for stocks included (1) the larger-than-expected increase in Dec industrial production which posted its biggest gain in 5 months (+0.8% versus expectations of +0.5%), (2) the larger-than-expected jump in Dec capacity utilization which rose to its highest level in 2-1/3 years (+0.6 to 76.0 versus expectations of +0.4 to 75.6%), (3) strength in semiconductor-companies after Intel, the world's biggest chipmaker, said it would boost spending on plants and equipment this year, and (4) a rally in financial stocks after JPMorgan Chase, the second-largest US bank by assets, posted a record $4.83 billion profit for Q4, helped by $2 billion in reserve reductions as credit quality and the US economy improved.
•Bearish factors included (1) carry-over weakness from a plunge in European and Asian stock markets after China raised banks reserve requirements for the fourth time in 2 months, which may slow its economy and the global economy as well, (2) the weaker-than-expected Dec US retail sales (+0.6% and +0.5% less autos versus expectations of +0.8% and +0.7% less autos, (3) the unexpected decline in the Jan US University of Michigan consumer confidence (-1.8 to 72.7 versus expectations of +1.0 to 75.5), and (4) concern that the European sovereign-debt crisis may worsen after Fitch Ratings cut Greece's long-term foreign and local currency issuer default ratings to BB+, or junk, from BBB- with a negative outlook.

•Apple (APPL) slipped 4.5% in pre-market trading after the company reported that CEO Steve Jobs will take a leave of absence to focus on his health, leaving Tim Cook in charge for the third time in 7 years.

Today's Market Focus
•March 10-year T-notes this morning are up +2.5 ticks. T-note prices last Friday climbed early to a 1-1/4 month high on weak economic data high but then shed their gains and closed lower after the stock market rallied: TYH11 -8, FVH11 -3.2, EDM11 unchanged. Bearish factors included (1) the larger-than-expected gain in Dec CPI which posted its biggest monthly increase in 1-1/2 years (+0.5% m/m and +1.5% y/y versus expectations of +0.4% m/m and +1.3% y/y), (2) the larger-than-expected increase in Dec industrial production which posted its biggest gain in 5 months (+0.8% versus expectations of +0.5%), (3) the larger-than-expected jump in Dec capacity utilization which rose to its highest level in 2-1/3 years (+0.6 to 76.0 versus expectations of +0.4 to 75.6%), and (4) reduced safe-haven demand for Treasuries after the S&P 500 rallied to a 2-1/3 year high. Bullish factors included (1) the weaker-than-expected Dec US retail sales (+0.6% and +0.5% less autos versus expectations of +0.8% and +0.7% less autos, (2) the unexpected decline in the Jan US University of Michigan consumer confidence (-1.8 to 72.7 versus expectations of +1.0 to 75.5), (3) increased safe-haven demand for Treasuries after Fitch Ratings cut Greece's long-term foreign and local currency issuer default ratings to BB+, or junk, from BBB- with a negative outlook, and (4) the Fed's action to buy $7.306 billion of Treasuries as part of its QE2 asset-purchase program.
•The dollar index this morning is weaker and at a 1-3/4 month low with the dollar/yen -0.14 yen and the euro/dollar +1.11 cents. The dollar index last Friday rebounded from a 2-week low to settle little changed: Dollar Index -0.029, USDJPY +0.186, EURUSD +0.00096. Bearish factors included (1) weaker-than-expected US economic data on retail sales and consumer confidence, (2) strength in the euro after euro supportive comments from ECB Council member Weber who said "the economic outlook has brightened considerably" and that inflation risks "could well move to the upside," (3) the action by Citigroup to revise its forecast for the ECB's first rate increase to the second half of this year from the first quarter of 2012, and (4) the recommendation from BNP Paribas that investors buy the euro against the dollar after recent comments from ECB President Trichet and fellow council member Weber "are a significant change in tone" and will prompt the market to price in earlier rate hikes from the ECB. Bullish factors included (1) the stronger-than-expected Dec US industrial production and capacity utilization, and (2) the prediction from Brown Brothers Harriman that he euro may weaken to $1.18 by Jun as the European debt crisis weighs on sentiment.

•February crude oil prices this morning are trading down -17 cents a barrel and February gasoline -0.03 of a cent per gallon. Crude oil and gasoline prices last Friday settled higher on a weak dollar and on Royal Dutch Shell's action to shut a 340,000 barrel-a-day refinery in Texas for unscheduled repairs: CLG11 +0.14, RBG11 +4.87. Bullish factors included (1) the fall in the dollar index to a 2-week low, which boosts investment demand in commodities, (2) the bigger-than-expected increases in Dec US industrial production and capacity utilization, which signals strength in the economy that may lead to increased energy demand, and (3) strength in gasoline after Royal Dutch Shell Plc shut a 340,000 barrel-a-day refinery in Texas for unscheduled repairs, which may limit gasoline supplies. Bearish factors included (1) China's action to boost banks reserve ratio requirements for the fourth time in 2 months, which may slow its economy and energy demand, and (2) the weaker than expected Dec US retail sales along with an unexpected drop in Jan US University of Michigan consumer confidence, which signals a possible slowdown in consumer spending that may limit fuel demand.

Today's U.S. Earnings Reports
Earnings reports (confirmed releases, sorted by mkt cap) AAPL-Apple (BEST earnings consensus $5.42), IBM-International Business Machines (4.08), C-Citigroup (0.08), SCHW-Charles Schwab (0.16), AMTD-TD Ameritrade Holdings (0.24), DAL-Delta Air Lines (0.25), FRX-Forest Labs (0.98), FAST-Fastenal (0.45), LLTC-Linear Technology (0.63), WDC-Western Digital (0.58), CREE-Cree Inc. (0.58), EDU-New Oriental Education & Technology (0.09), FULT-Fulton Financial (0.16), MMR-McMoRan Exploration (-0.28).

Comments: View Comments |  Tuesday January 18, 2011

Veolin Envior -- VE

Barchart.coms Chart of the Day - Veolia Environnement (VE)
Barchart Research Team - Barchart.com - Sun Jan 16, 2:57PM CST
Related Stocks
VE - Veolia Environnement
Sym Last Chg Pct
VE 31.19 +0.45 +1.46%

The "Chart of the Day" is Veolia Environnement (VE), which showed up on last Friday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Veolia last Friday rallied 0.92% and posted a new 2-month high of $30.74 that was just 0.07 points shy of the 9-month high of $30.81 posted on Nov 19. A breakout above that 9-month high of $30.81 would be a particularly bullish technical development. Veolia Environnement, with a market cap of $15 billion, offers a range of environmental services in the water, waste management, energy and transportation sectors.


How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.

Barchart's Opinion trading systems are all a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

•TrendSpotter: Buy
•Short-Term Indicators: 100% Buy
•Medium-Term Indicators: 100% Buy
•Long-Term Indicators: 100% Buy
•Overall Average 100% Buy


Comments: View Comments |  Tuesday January 18, 2011

3 Hot Computer Peripheral Equipment stocks

I screened on Barchart to find the sector that had changed the most in the past month and then looked at the Barchart opinion on each stock. These 3 looked the best.

TACT - Transact Technologies -- designs, develops, manufactures and markets transaction-based printers and related products under the ITHACA and MAGNETEC and TRANSACT.COM brand names. The company focuses on five vertical markets: point-of-sale(POS), gaming and lottery, financial services, kiosk and Internet. The company's printers are trusted world-wide to provide crisp, clean transaction records from receipts, tickets and coupons, register journal and other documents.

1- 100% Barchart technical buy signal
2 - 5 new highs and up 4.26% in the last month
3 - Relative Strength Index 63.94% and rising
4 - Trades currently at 9.97 which is above its 50 day moving average of 9.29
5 - Wall Street brokerage buy recommendation based on projections of increase in next years revenue of 8.10%, increase in next years EPS of 25.60% and a 5 year annual EPS increase of 30.00%
6 - Positive investor sentiment - Motley Fool CAPS members vote 13 to 1 the stock will beat the market -- All Stars vote 3 to 0 for the same

IGOI - Igo Inc --based in Scottsdale, Arizona, is a developer of universal power adapters for portable computers and mobile electronic devices (e.g., mobile phones, PDAs, digital cameras, etc.) and creator of the patented iGo intelligent tip technology. iGo offers a full line of AC, DC and combination AC/DC power adapters for portable computers and low-power mobile electronic devices. All of these adapters leverage iGo's intelligent tip technology, which enables one power adapter to power/charge hundreds of brands and thousands of models of mobile electronic devices through the use of interchangeable tips.

1 - 100% Barchart technical buy signal
2 - 12 new highs and up 68.51% in the last month
3 - Relative Strength Index 86.68% and rising
4 - Trades currently at 5.13 which is above its 50 day moving average of 3.32
5 - Positive investor sentiment - Motley Fool CAPS members vote 44 to 1 that the stock will beat the market and the All Stars agree 8 to 1

ZBRA - Zebra Technologies -- and its wholly-owned subsidiaries design, manufacture and support a broad range of direct thermal and thermal transfer bar code label printers, receipt printers, instant-issuanceplastic card printers and secure identification printing systems, related accessories, and support software. The company markets its products worldwide principally to manufacturing and service organizations for use in automatic identification, data collection, and personal identification systems.

1- 80% Barchart technical buy signal
2 - 3 new highs and up 3.26% in the last 5 days
3 - Relative Strength Index 60.30% and rising
4 - Trades currently at 38.79 which is above its 50 day moving average of 37.92
5 - Wall Street brokerages have published 2 buy and 6 hold recommendations based on projections of a 7.30% increase in sales next year, 13.40% increase in EPS next year and an annual EPS increase of 12.50% for the next 5 years

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 13, 2011

Keegan Resources -- KGN -- sell signal

This morning I deleted Keegan Resources (KGN) from the Barchart Van Meerten Speculative portfolio for negative price trends:

1 - 60% Bartchart short term sell signal
2 - 50% Barchart mid term sell signal
3 - Trend Spotter (tm) sell signal
4 - Trading below its 20 and 50 day moving average
5 - 9.36% off its recent high
6 - Relative strength Index 38.78% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 13, 2011

All Peru ETF -- EPU -- sell signals

This morning I deleted the All Peru Capped Index ETF (EPU) from the Barchart Van Meerten New High portfolio for negative price trends:

1 - 60% Barchart short term sell signal
2 - Trend Spotter (tm) sell signal
3 - Trading below its 20 and 50 day moving averages
4 - 7.79% off its recent high
5 - Relative Strength Index is 35.82% and falling

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 13, 2011

Morning Call 1/11

Barchart Morning Call

Barchart.com - 1 hr 10 mins ago

Overnight Developments
Global stocks are trading mixed with the European Euro Stoxx 50 index up +0.10% and March S&Ps down -0.30 of a point. As expected, the BOE kept its benchmark interest rate unchanged at 0.50% and its asset purchase target at 200 billion pounds. Treasuries are little changed and the dollar index fell to a 1-week low after strong demand was seen at a Spanish auction of 5-year bonds today. Investors bid for 2.1 times the 3 billion euros ($3.9 billion) of Spanish 5-year bonds today, more than the previous auction of 5-year bonds on Nov 4 when investors bid for only 1.6 times the amount offered. Spanish banks rallied after the auction with Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA, Spain's largest banks, up over 4%. Weakness in retailers undercut European stock prices as Tesco Plc fell 1.6% after Britain's biggest retailer reported holiday sales growth that missed estimates as snowstorms kept Britons from visiting out-of-town supermarkets. Dixons Retail Plc slumped 7.3% after Britain's largest consumer-electronics retailer said earnings for fiscal 2011 are now likely to be "around the bottom end" of analysts' estimates.
The Asian stock markets today closed mixed with Japan up +0.73%, Hong Kong +0.47%, China -0.03%, Taiwan +0.12%, Australia +1.50%, Singapore +0.34%, South Korea -0.24%, India -1.80%. Strength in commodity producers pushed Japan's Nikkei 225 Stock Index up to an 8-month high and Asian shipbuilders advanced on speculation orders will increase. Nov Japan machine orders unexpectedly fell -3.0% m/m, weaker than expectations of a +2.0% m/m gain, which signals companies are reluctant to increase spending on factories and equipment because of concern about the strong yen's effect. South Korea's Kospi Stock Index closed lower and the won rose after the BOK raised the 7-day repurchase rate by 25 bp to 2.75%. BOK Governor Kim Choong Soo said inflationary pressures will likely gather pace and the South Korean economy will probably post "sold growth." The rate increase adds to a combined half a percentage-point rise in July and Nov from a record low as South Korea attempts to tackle price pressures spurred by economic growth and foreign capital inflows.

Overnight U.S. Stock News
March S&Ps this morning are trading down -0,30 of a point. The US stock market yesterday shot higher and finished at its best level in over 2 years: Dow +0.72%, S&P 500 +0.90%, Nasdaq Composite +0.75%. The Nasdaq rose to a 9-3/4 year high and the Dow and the S&P 500 posted 2-1/3 year highs. Bullish factors for stocks included (1) carry-over support from a rally in European stocks as sovereign-debt concerns eased after Portugal successfully auctioned 10-year debt at lower yields than a previous auction along with speculation that European leaders will increase their efforts to stem the debt crisis after European Union Economic and Monetary Affairs Commissioner Rehn called for a "comprehensive" plan to contain the sovereign debt crisis, (2) strength in bank stocks after Wells Fargo raised its rating on the largest US banks to "overweight" from "market weight," saying dividend payout ratios may double this year, (3) a rally in energy producers after crude oil gained when weekly crude inventories fell more than expected, and (4) the Fed's Beige Book that said holiday-season spending and increased manufacturing drove an economic expansion in Nov and Dec, and that businesses are cautiously optimistic about their 2011 outlooks.
Bearish factors included (1) the Fed's Beige Book that stated housing markets were "weak and sluggish" across a majority of regions, which may limit growth in the economy, and (2) the prediction from well-known bank analyst Meredith Whitney that she expects more than 1 million job losses among state and local governments as they increase their austerity measures in an attempt to trim their budget deficits.
Deere & Co. (DE) climbed 1.2% in European trading after JPMorgan Chase raised its recommendation for the company to "overweight" from "neutral."

Today's Market Focus
March 10-year T-notes this morning are down -2 ticks. T-note prices yesterday settled nearly flat after strong demand for the Treasury's 10-year T-note auction helped the market overcome early losses: TYH11 +0.5, FVH11 unchanged, EDM11 +2.5. Bullish factors included (1) comments from St. Louis Fed President Bullard who said its "too soon" to reduce the Fed's QE2 asset-purchase program, (2) strong demand for the Treasury's $21 billion auction of 10-year T-notes that had a bid-to-cover ratio of 3.30, higher than the 10-auction average of 3.14 and the strongest in 9 months. Bearish factors included (1) reduced safe-haven demand for Treasuries after the stock market rallied and on speculation that European leaders will increase their efforts to stem the debt crisis after European Union Economic and Monetary Affairs Commissioner Rehn called for a "comprehensive" plan to contain the sovereign debt crisis, (2) an upbeat Fed Beige Book that said the economy strengthened the last 2 months of last year and that businesses are cautiously optimistic about their 2011 outlooks, and (3) supply pressures ahead of the Treasury's $13 billion auction of 30-year T-bonds on Thu.
The dollar index this morning is weaker and at a 1-week low with the dollar/yen -0.01 yen and the euro/dollar +0.41 cents. The dollar index yesterday settled sharply lower: Dollar Index -0.815, USDJPY -0.245, EURUSD +0.01587. Bearish factors included (1) strength in the euro after Portugal's borrowing costs fell from a month ago after a successful auction of 10-year notes, which temporarily eases sovereign-debt concerns, (2) speculation that European leaders will increase their efforts to stem the debt crisis after European Union Economic and Monetary Affairs Commissioner Rehn said that Europe's bailout fund "should be reinforced and the scope of its activity widened," (3) the stronger-than-expected Nov Euro-Zone industrial production, which is euro positive, and (4) euro supportive comments from PBOC Deputy Governor Yi Gang who said that China is a long-term investor in European financial markets and will continue that policy. Bullish factors included (1) apprehension ahead of Spain's and Italy's debt auctions on Thursday, which may see increased safe-haven demand for the dollar as the indebted European nations struggle to fund their deficits, and (2) the warning from Nobel Prize-winning economist Pissarides that the European Union doesn't have the resources to rescue Spain from a full-blown fiscal crisis, which could lead to the end of the euro.

February crude oil prices this morning are trading down -16 cents a barrel and February gasoline is +0.49 of a cent per gallon. Crude oil and gasoline prices yesterday finished mixed: CLG11 +0.75, RBG11 -1.53. Feb crude climbed to a 1-week high. Bullish factors included (1) the weaker dollar, which boosts investment demand in commodities, (2) the larger-than-expected decline in weekly crude inventories which dropped to their lowest level in 11 months (-2.15 million bbl to 333.1 million bbl versus expectations of -1.4 million bbl), and (3) the rally in the S&P 500 Index to a 2-1/3 year high, which boosts confidence in the economic outlook and energy demand. Bearish factors included (1) the restarting of the Trans Alaska pipeline, after it was closed for several days to repair a leak, (2) the larger-than-expected increases in weekly gasoline and distillate inventories (gasoline +5.08 million bbl versus expectations of +2.12 million bbl and distillate inventories +2.65 million bbl versus expectations of +1.0 million bbl), and (3) reduced US gasoline demand after the 4-week average slipped -1.5% to 9.07 million barrels a day.

Today's U.S. Earnings Reports
Earnings reports (confirmed releases, sorted by mkt cap) INTC-Intel (BEST earnings consensus $0.53), MSCI-MSCI Inc. (0.36), CBSH-Commerce Bancshares (0.66), SHFL-Shuffle Master (0.13).


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 13, 2011

Teledyne --TDY -- chart of the day

Barchart.coms

Chart of the Day - Teledyne Technologies (TDY)Barchart Research Team - Barchart.com - Wed Jan 12, 5:29PM CST
Related Stocks
TDY - Teledyne Technologies Incorporat

Sym Last Chg Pct
TDY 45.34 +1.41 +3.21%

The "Chart of the Day" is Teledyne Technologies (TDY), which showed up on Wednesday's Barchart "NYSE 12-month High" list and also on the "Gap Up" list. Teledyne on Wednesday rallied by 3.21% and posted a new 2-year high. TrendSpotter has been long Teledyne since Dec 7 at 42.95. In recent news on the stock, KeyBanc on Wednesday initiated coverage on Teledyne with a Buy and a target of $54. Teledyne, with a market cap of $1.6 billion, is a leading provider of sophisticated electronic and communication products, systems engineering solutions, and aerospace engines and components.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "New Highs/Lows" page. Then we clicked on the entry for NYSE 12-month highs. A new 12-month high is a popular sign of upside momentum. We then clicked on the "12-Month # Highs" column heading twice in order to sort the list in ascending order. Stocks with the fewest number of 12-month highs over the past 12 months are stocks that have only recently broken out to a new 12-month high and may have better upside potential then stocks that have already rallied sharply and have posted many new 12-month highs.

Barchart's Opinion trading systems are mostly a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
TrendSpotter: Buy
Short-Term Indicators: 100% Buy
Medium-Term Indicators: 75% Buy
Long-Term Indicators: 100% Buy
Overall Average 96% Buy

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Thursday January 13, 2011

3 Hot Network Communications Software stocks

One of the hottest sectors this month is in Communications Network Software. This morning I screened on Barchart for the hottest stocks in the hottest sectors and came up with these 3 gems.

VG - Vonage - a leading provider of digital phone services with over two million subscriber lines. Their award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. They offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.The Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail - for one low, flat monthly rate. Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom.

1 - 100% Barchart short term technical buy signal
2 - 9 new highs and up 41.15% in the last month
3 - Relative Strength Index 81.37% and rising
4 - Trades around 3.21 well above its 50 day moving average of 2.45
5 - Wall Street brokerages have 1 buy and 1 hold and project 260.00% EPS increase next year

NSR - Neustar -- a provider of essential clearinghouse services to the North American communications industry and Internet service providers around the world.

1 - 100% Barchart short term technical buy signal
2 - 10 new highs and up 3.99% in the last month
3 - Relative Strength Index 66.06% and rising
4 - Trades near 27.42 well above 50 day moving average of 26.46
5 - CAPS members on Motley Fool vote 271 to 12 to beat the market
6 - All Stars on Motley Foll vote 119 to 5 to beat the market
7 - Wall Street Brokerages have 3 buy and 7 hold recommendations based on projection of 11.00% increase in sale next year, 14.50% increase in EPS year, EPS annual growth of 12.80 for next 5 years

AVNW - Aviant Networks -- previously known as Harris Stratex Networks, Inc., is a global supplier of wireless network solutions and network management software, backed by a suite of professional services and support. The Company offers advanced wireless IP network migration, preparing the way to the 4G/LTE future. It also offers transformational wireless solutions, including LTE-ready microwave backhaul, WiMAX access and a complete portfolio of essential service options that enable wireless public and private telecommunications operators to deliver advanced data, voice, video and mobility services around the world. In addition, Aviat offers professional services, including installation and commissioning and training. It serves mobile and fixed telephone service providers, private network operators, government agencies, transportation and utility companies, public safety agencies, and broadcast system operators. Aviat Networks, Inc. is headquartered in Morrisville, North Carolina.

1 - 100% Barchart short term technical buy signal
2 - 5 new highs and up 5.90% in the last month
3 - Relative Strength Index 71.08% and rising
4 - Trades near 5.55 which is above its 50 day moving average of 4.75
5 - CAPS members on Motley Fool vote 61 to 12 to beat the market
6 - All Stars vote 27 to 4 to beat the market
7 - Wall Street Brokerage have 6 buy and 4 hold recommendations based on projections of 13.50% increase in sales next year -- 185.30% increase in EPS next year and 13.50% annual EPS growth for next 5 years

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 12, 2011

Fluor - FLR - Barchart chart of the day

Provided by Barchart.
Chart of the Day - Fluor Corp (FLR)
Barchart Research Team - Barchart.com - Tue Jan 11, 6:25PM CST
Related Stocks
FLR - Fluor Corporation
Sym Last Chg Pct
FLR 68.34 +2.33 +3.53%
The "Chart of the Day" is Fluor Corp (FLR), which showed up on Tuesday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system and also showed up on Barchart's "Gap Up" list. Fluor on Tuesday rallied by 3.53% and posted a new 2-1/3 year high. On Tuesday, JP Morgan upgraded Fluor to Overweight from Neutral and raised its target to $77 from $58.50 on a more constructive outlook for the infrastructure markets. FBR Capital on Tuesday removed Fluor from its Top Picks list due to valuation but reiterated its outperform and raised its target to $84 from $54. On Monday, Stifel Nicolaus raised reiterated its Buy rating and raised its target to $77 from $64 on earnings and the company's higher backlog. Fluor Corp, with a market cap of $11.7 billion, delivers engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients around the world in industries including Oil and Gas, Industrial and Infrastructure, Government, Global Services and Power.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.
Barchart's Opinion trading systems are mostly a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
TrendSpotter: Buy
Short-Term Indicators: 80% Buy
Medium-Term Indicators: 100% Buy
Long-Term Indicators: 100% Buy
Overall Average 96% Buy

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Wednesday January 12, 2011

Gastro Pharma is a strong buy

This morning I added Sucampo Pharmaceuticals (SCMP) to the Barchart Van Meerten Speculative portfolio.

Sucampo Pharmaceuticals, Inc. is an emerging pharmaceutical company focused on the discovery, development and commercialization of proprietary drugs based on prostones, a class of compounds derived from functional fatty acids that occur naturally in the human body. Sucampo is focused on developing prostones for the treatment of gastrointestinal, respiratory, vascular and central nervous system diseases and disorders.

The 16 new highs and price appreciation in the last month has earned the stock a 100% Barchart technical buy signal. The stock recently traded around 4.55 with a 50 day moving average and a Relative Strength Index of 85.95% which is still on the rise.

The lone Wall Street brokerage analyst following the stock has a strong Buy recommendation publishedbased on his projection that sales will increase by 10.80% next year and earnings will increase 11.00% per year for at least 5 years.

The CAPS members on Motley Fool have voted 61 to 11 that the stock will beat the market with the All Stars in agreement 25 to 2. Fool notes that there have been 3 recent articles that have all been positive.

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

Timeshares are still selling

This morning I added Silverleaf Resorts (SVLF) to the Barchart Van Meerten Speculative portfolio.

Silverleaf Resorts, Inc. is a leading developer, marketer, and operator of `drive-to` timeshare resorts. The company's principal activities include acquiring and developing timeshare resorts; marketing and selling one week annual and biennial Vacation Intervals to prospective first-time owners as well as leasing unsold Vacation Intervals; marketing and selling upgraded Vacation Intervals to existing Silverleaf Owners; providing financing for the purchase of Vacation Intervals; and operating timeshare resorts.

The recent price momentum of 16 new highs and price appreciation of 53.00% has earned the stock a 100% Barchart technical buy signal. With a rising 84.22% Relative Strength Index the stock trades around 1.51 with a 50 day moving average of 1.09.

The stock appears to be too small for Wall Street to follow but the CAPS members on Motley Fool vote 74 to 6 that the stock will beat the market with the All Stars in agreement 26 to 1.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

Virtual Imaging Technilogy is a hot new sector

This morning I added Emagin Corp ( EMAN ) to the Barchart Van Meerten New High portfolio.

eMagin Corporation is a leading developer of virtual imaging technology, eMagin combines integrated circuits, microdisplays, and optics to create a virtual image equivalent to the real image of a computer monitor or large screen TV. These miniature, high-performance, virtual imaging modules provide access to information-rich text, data, and video which canfacilitate the opening of new mass markets for wearable PCs, wireless Internet appliances and mobile phones, portable DVD-viewers, digital cameras, and other emerging applications.

The recent price momentum with 16 new highs and a price increase of 58.33% in the last month has earned the stock a 96% Barchart technical buy signal. With a rising Relative Strength Index of 82.36% it recently traded around 7.38 with a 50 day moving average of 5.18.

There is only one Wall Street brokerage following the stock but that analyst has a strong buy recommendation.

General investor sentiment as measured on Motley Fool has the CAPS members voting 48 to 3 that the stock will beat the market and the All Stars agree 13 to 2.


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

Fastest Growing Bank in Hawaii

This morning I added CPB Inc (CPF) to the Barchart Van Meerten New High portfolio. CPB is one of the fastest growing banks in Hawaii.

Central Pacific Financial Corp. is a Hawaii-based bank holding company. Central Pacific Bank, its subsidiary, is Hawaii's third largest commercial bank.

The recent price momentum of 16 new highs and an increase of 8.90% in the last month has earned the stock an 88% Barchart technical buy signal. With a rising Relative Strength Index of 89.90% the stock recently traded around 2.44 with a 50 day moving average of 1.51.

Wall Street brokerage analysts have 2 hold recommendations published but expect earnings per share to incraese by 99.80% next year and continue at 8.00% per annum.

The investor sentiment on Motley Fool is high with the CAPS members voting 59 to 32 that the stock will beat the market and the All Stars agree 28 to 11,


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

How much will you bid for auctioneer Ritchie Bros?

This morning I added Ritchie Brothers Auctioneers (RBA) to the Bar Chart Van Meerten New High portfolio. Lots of people have to dump used but valuable items and what a better place than an auction?

Ritchie Bros. Auctioneers conduct unreserved public auctions every year at locations throughout North and Central America, Europe, Asia, Australia, Africa and the Middle East. The company is known for their innovative auction methods, attention to detail and their total commitment to the unreserved auction. The confidence this gives their customers has enabled Ritchie Bros. to become one of the largest industrial auctioneer in the world.

This publicly traded company hit 17 new highs and is up 19.77% in just the last 20 treading session. The price momentum and a rising Relative Strength Index of 80.50% has earned it a 96% Barchart technical buy signal. The stock recently traded at 24.48% which is well above its 50 day moving average of 21.26.

Wall Street brokerage analysts have been slow to notice it's recently price rise and still have 2 buy 14 hold and 2 negative recommendations, They do however look for an 11.40% increase is sales next year coupled with a 20.30% increase in earnings per share. They project earnings to increase 16.03% annually for at least 5 years out.

The general investor has already noticed this stock with the Motley Fool CAPS members voting 155 to 10 that the stock will beat the market. The All Stars are also high 70 to 3.

If you are looking for a stock that should do well as the recession continues Ritchie Bros (RBA) has:

1 - 96% Barchart technical buy signal2 - 17 new highs and up 19.77% in the last month
3 - Positive investor sentiment

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

Morning Call

Provided by Barchart Morning Call
Barchart.com - Tue Jan 11, 7:00AM CST

Overnight Developments

Global stocks are trading higher with the European Euro Stoxx 50 index up +1.08% and March S&Ps up +6.50 points. The main bullish factor for stocks today is the statement from Japanese Finance Minister Noda who said his country plans to use its foreign-exchange reserves, the second largest in the world, to buy more than a fifth of bonds to be issued later this month by the European Financial Stability Facility. Japan now joins China in assisting the Euro-Zone in helping to alleviate the region's debt crisis. The euro also received a boost after Portuguese Prime Minister Socrates said that Portugal doesn't need a bailout from the European Union and its 2010 budget deficit will be lower than forecast. Gains in bank stocks led a rally in European shares after Societe Generala SA upgraded Europe's banking industry to "overweight," citing "attractive" valuations and an improved economy. Also helping to lift stock prices was the +1 point increase in the Dec Bank of France business sentiment to 108, a 3-year high.
The Asian stock markets today closed mixed with Japan down -0.29%, Hong Kong +0.99%, China +0.54%, Taiwan +1.29%, Australia -0.03%, Singapore +0.38%, South Korea +0.41%, India -0.14%. China's foreign-exchange reserves rose in Q4 by $199 billion to a record $2.85 trillion, the biggest quarterly gain since records began in 1996. China's 2010 full-year yuan-denominated lending was 7.95 trillion yuan ($1.2 trillion), compared with the PBOC's target of 7.5 trillion yuan. The rise in currency reserves and the increases in bank lending will put pressure on the PBOC to tighten policies and reign in liquidity and inflation. The Australian dollar slipped to a 1-month low against the US dollar on speculation that a worsening of flooding in Queensland may potentially weigh on economic growth.

Overnight U.S. Stock News

March S&Ps this morning are trading up +6.50 points. The US stock market yesterday recovered from early losses and finished mixed: Dow -0.19%, S&P 500 -0.18%, Nasdaq Composite -0.25%. The Nasdaq rose to a 3-year high. Bearish factors for stocks included (1) concerns that indebted European nations may struggle to repay their debts and intensify the sovereign-debt crisis after the Markit Group Ltd.'s index of credit-default swaps protecting the debt of 15 western European governments rose 3.5 bp to a record 223, (2) weakness in for-profit education companies after Strayer Education plunged when it cut its 2011 EPS estimate because winter new enrollment declined -20% from a year ago, and (3) comments from Atlanta Fed President Lockhart who said he sees further "headwinds" to the recovery even as the US economy improves in 2011.
Bullish factors included (1) the action by UBS to raise its 2011 per-share earnings estimates on the S&P 500 Index to $96 from $93 and raise its 2012 S&P 500 forecast to $104 a share from $101, citing a better outlook for the US economy, and (2) increased M&A activity after Dupont acquired Danisco A/S for $5.8 billion and Duke Energy bought Progress Energy for $13.7 billion, which will make Duke Energy the largest US utility.
Nvidia (NVDA) jumped 5.5% in pre-market trading after Intel agreed to a long-term cross-license agreement with Nvidia in which Intel will pay Nvidia $1.5 billion over the next 5 years and the companies will receive a license to each other's patents.
Hewlett-Packard (HPQ) rose 1.1% in European trading after UBS upgraded its recommendation on the stock to "buy" from "neutral."

Today's Market Focus
March 10-year T-notes this morning are up +3.5 ticks. T-note prices yesterday traded firm most of the day and settled higher: TYH11 +6.5, FVH11 +4, EDM11 +1.0. Bullish factors included (1) increased safe-haven demand for Treasuries on concern Portugal will follow Greece and Ireland in seeking a bailout from the European Union, (2) comments from Atlanta Fed President Lockhart who said he sees further "headwinds" to the recovery even as the US economy improves in 2011, and (3) the action by the Fed in purchasing $7.79 billion of Treasuries as part of its QE2 asset-purchase program. Bearish factors included (1) Fed data that showed primary-dealer holdings of US Treasuries tumbled to an 11-month low of $2.34 billion on Dec 29 from $81.3 billion on Nov 24, the biggest decline since Jun 2009, and (2) supply pressures ahead of the Treasury's $32 billion auction of 3-year T-notes on Tue.
The dollar index this morning is weaker with the dollar/yen +0.27 yen and the euro/dollar +0.23 cents. The dollar index yesterday fell back from a 1-1/4 month high and settled lower: Dollar Index -0.131, USDJPY -0.339, EURUSD +0.00417. Bearish factors included (1) a recovery in the euro which rebounded from a 3-3/4 month low against the dollar and settled higher after ECB President Trichet said that recent European economic indicators "were better than forecast," and (2) the stronger than expected Nov French industrial and manufacturing production, which is euro positive. Bullish factors included (1) the early slump in the euro to a 3-3/4 month low against the dollar on concern the European sovereign-debt crisis may worsen after the Markit iTraxx SovX Western Europe Index of credit-default swaps on the debts of 15 European governments rose to a record high 223, and (2) the prediction from BlueGold Capital Management that Germany, France and other European top-rated nations risk having their credit ratings downgraded in the event that European policy makers expand bailout funds.
February crude oil prices this morning are trading up +43 cents a barrel and February gasoline is -0.55 of a cent per gallon. Crude oil and gasoline prices yesterday finished moderately higher: CLG11 +1.22, RBG11 +4.12. Bullish factors included (1) a reversal in the dollar after the dollar index closed lower after it had climbed to a 1-1/4 month high, (2) the closure of the Trans Alaska Pipeline System, which carries 15% of US crude output, after an oil leak in the pipeline prompted its closure over the weekend, and (3) the prediction from Morgan Stanley that crude will remain "high" this year and breach $100 a barrel "as OPEC spare capacity falls from elevated levels to 4.1 million barrels a day by year end." Bearish factors included (1) equity market weakness, which reduces optimism in the economic outlook and energy demand, and (2) concern that Europe's sovereign debt crisis may spread and slow the global economy and fuel demand.

Today's U.S. Earnings Reports Earnings reports (confirmed releases, sorted by mkt cap) LEN-Lennar (BEST earnings consensus $0.09), SVU-Supervalu (0.31), SNX-Synnex (0.97), FUL-HB Fuller (0.40), MG-Mistras Group (0.16).


Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

Sauer-Danfoos -- SHS -- Barchart Chart of the day

Provided by Barchart.com- Chart of the Day - Sauer-Danfoss (SHS)
Barchart Research Team - Barchart.com - Mon Jan 10, 6:01PM CST
Related Stocks
SHS - Sauer-Danfoss Inc.

Sym Last Chg Pct
SHS 32.98 -0.12 -0.36%

The "Chart of the Day" is Sauer-Danfoss (SHS), which showed up on Monday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. Sauer-Danfoss on Monday rallied by 2.60% and posted a new 2-1/4 year high. Sauer-Danfoss, with a market cap of $1.4 billion, is a global manufacturer of components and integrated hydraulic systems that generate, transmit, and control fluid power in primarily off-highway mobile equipment.


How we found the Chart of the Day:

We found the "Chart of the Day" by scanning the Barchart "Trading Signals" page. That page provides a summary of changes in the Barchart signals. We then clicked on the TrendSpotter "Buy" category to obtain a list of all the stocks for which the Barchart TrendSpotter trading system has just turned to a buy. We then clicked on the "Today's Opinion" column header in order to sort the list with the strongest stocks on top. Further information is available at Barchart Signals Guide help page and at TrendSpotter help page.
Barchart's Opinion trading systems are mostly a Buy and Barchart's daily TrendSpotter trading system is a "Buy." Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates.

The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

TrendSpotter: Buy
Short-Term Indicators: 100% Buy
Medium-Term Indicators: 100% Buy
Long-Term Indicators: 67% Buy
Overall Average 96% Buy

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Tuesday January 11, 2011

Sanofi-Aventis sell signals

This morning I've put in a sell order for Sanofi-Aventis (SNY) in the Barchart Van Meerten New High portfolio for negative price trends on Barchart:1 - 80% Barchart short term sell signal
2 - T rend Spotter (tm) sell signal
3 - Trading below its 20,50 and 100 daily moving average
4 - 11.26% of its current 3 month high
5 - Relative Strength Index 44.64% and dropping

Jim Van Meerten is a professional investor with over 40 year experience in investing in stocks, mutual funds and ETFs. He shares his knowledge on Barchart in his daily blogs -- Barchart Portfolio Blogs.

Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.

Comments: View Comments |  Monday January 10, 2011

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