JimVanMeerten (47.28)

5 Large Cap Picks

December 10, 2012 – Comments (0) | RELATED TICKERS: SBUX , SWY , NBL

This morning I sorted the S & P 500 Large Cap Index to find 5 stocks with great current upward price momentum and found Safeway (SWY), Starbucks (SBUX),Noble Energy (NBL), McKesson (MCK) and H & R Block (HRB):

Safeway (SWY)
Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving average

8 new highs and up 10.06% in the last month

Relative Strength Index 60.04%

Barchart computes  a technical support level at 17.43

Recently traded at 17.94 with a 50 day moving average of 16.48

Starbucks (SBUX)
Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

4 new highs and up 3.53% in the last month

Relative Strength Index 66.82%

Barchart computes a technical support level at 52.73

Recently traded at 53.04 with a 50 day moving average of 49.34

Noble Energy (NBL)
Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20, 50 and 100 day moving averages

10 new highs and up 6.79% in the last month

Relative Strength Index 70.62%

Barchart computes a technical support level at 97.88

Recently traded at 101.47 with a 50 day moving average of 94.74

McKesson (MCK)
Barchart technical indicators:

100% Barchart technical buy signal

Trend spotter buy signal

Above its 250, 50 and 100 day moving average

8 new highs and up 7.68% in the last quarter

Relative Strength Index 63.30%

Barchart computes a technical support level at 94.13

Recently traded at 95.16 with a 50 day moving average of 91.64

H&R Block (HRB)
Barchart technical indicators:

100% Barchart technical buy signal

Trend Spotter buy signal

Above its 20,50 and 100 day moving averages

8 new highs and up 4.45% in the last month

Relative Strength Index 63.06%

Barchart computes a technical support level at 18.03

Recently traded at 18.55 with a 50 day moving average of 17.75

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