JimVanMeerten (47.28)

3 Large Cap Picks

October 15, 2012 – Comments (0) | RELATED TICKERS: YUM , WY , WMT

Today I sorted the S&P 500 Large Cap stock index to find the 3 with the best Barchart technical indicators and near the top of the list wereYum! Brands (YUM), Weyerhaeuser (WY) and Wal-Mart Stores (WMT):

Yum! Brands (YUM)

Barchart technical indicators:100% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages6 new highs and up 6.63% in the last monthRelative Strength Index 64.20%Barchart como0utes a technical support level at 68.66Recently traded at 70.94 with a 50 day moving average of 66.39

Weyerhaeuser (WY)

Barchart technical indicators:100% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages18 new highs and up 16.30% in the last 3 monthsRelative Strength Index 65.68Barchart computes a technical support level at 25.80Recently traded at 27.17 with a 50 day moving average of 25.43

Wal-Mart Stores (WMT)

Barchart technical indicators:100% Barchart technical buy signalTrend Spotter buy signalAbove its 20, 50 and 100 day moving averages7 new highs and up 3.36% in the last monthRelative Strength Index 66.90%Barchart computes a technical support level at 74.98Recently traded at 76.96 with a 50 day moving average of 73.83