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JimVanMeerten (62.22)

July 2010

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Sideway market

July 30, 2010 – Comments (0)

That's really the only way to describe the market action this week -- Sideways. Not a lot of bad news but nothing to write home about either. Let's look at the 3 yardsticks I use each week with the data I mine from Barchart to get an objective view of what happened. I use 3 because no single indicator tells it all.

Value Line Index - contains 1700 stocks so its more representative of the market than the narrower S&P 500 or very narrow Dow 30. What can I say -- sideways

 - Index down .23% for the week but up 7.77% for the month  [more]

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Turkey isn't just for Thanksgiving

July 29, 2010 – Comments (0) | RELATED TICKERS: TKF

My portfolios are full but when screening on Barchart for stocks hitting the most frequent new highs I came across the Turkish Investment Fund (TKF). It's a non-diversified, closed-end management investment company managed by Morgan Stanley. The Fund's investment objective is long-term capital appreciation through investments primarily in equity securities of Turkish corporations. The fund is concentrated in 23 issues and the top 5 comprise over 45% of the portfolio. 87% of the fund is in 5 sectors: Financial Services, Consumer Goods, Telecom, Industrial and Energy.

I'm considering the fund on technical reasons but after researching the economy in Turkey I've got some other reasons too. The IMF is predicting that the Turkish economy is stable and expected to grow between 3.5% - 4.0% in the next few years. Turkey has the 17th largest economy in the world and S&P just raised their sovereign bond rating a notch. Turkey has instituted financial restraints on their economy and didn't need to be bailed out like some of the smaller Euro countries. The country stands at the cross-roads of trade between Europe and Asia and even Israel makes sure to stay on Turkey's good side although recently some problems with relief efforts to Arab areas had to be worked out.

The Fund hit new highs on 15 of the last 20 trading sessions including 4 of the last 5. In the past month the price has appreciated 14.23% and trades around 15.25 with a 50 day moving average of 13.73. Barchart gives the Fund both an 80% short term technical buy and a Trend Spotter (tm) buy signal.

Wall Street brokerages have an unwritten rule about recommending other firms managed investment funds but over on Motley Fool the CAPS members think the Fund will beat the market by a vote of 101 to 8 with the All Stars in agreement 32 to 2.

If you'd like to invest in the Middle East here are some points to consider regarding the Turkish Investment Fund (TKF):

1 - There are some ETFs available to invest in Turkey but I'd rather go with a managed fund instead of an index fund when investing in foreign countries  [more]

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Coating Hi-Tech

July 27, 2010 – Comments (0) | RELATED TICKERS: NL

I'm adding NL INDUSTRIES, INC. (NL ) to the Barchart Van Meerten Speculative portfolio. The company conducts its operations through its two wholly-owned subsidiaries, Kronos, Inc. and Rheox, Inc. Kronos, Inc. produces titanium dioxide pigments, chemical products used for imparting whiteness, brightness and opacity to a wide range of products, including paints, paper, plastics, fibers and ceramics. Rheox, Inc. produces rheological additives that control the flow and leveling characteristics for a variety of products, including paints, inks, lubricants, sealants, adhesives and cosmetics.



This stock is solely a price momentum play hitting 16 new highs in the last 20 sessions including 5 in the last 5. The stock enjoyed a 32.17% price appreciation in the last month. It is a 80% Barchart technical buy and also rates a Trend Spotter (tm) buy rating. The stock trades around 8.28 with a 50 day moving average of 7.02.



On Motley Fool the CAPS members think the stock will beat the market by a vote of 35 to 19 with a similar vote from the All Stars of 14 to 8.



The stock pays a 6.4% dividend at the current price



The stock will be added to the Barchart Van Meerten Speculative portfolio because:



1 - Recent price appreciation of 32.17% with a 6.4% dividend
2 - 80% Barchart short term buy signal
3 - Trend Spotter (tm) buy signal
4 - 16 new highs in the last 20 trading sessions
5 - Positive investor sentiment

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.  [more]

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Power Back-up

July 27, 2010 – Comments (0) | RELATED TICKERS: ACPW

I'm adding Active Power, Inc. (APCW) to the Barchart Van Meerten Speculagtive portfolio. The company designs, manufactures and markets power quality products that provide the consistent, reliable electric power required by today's digital economy. The company is the first company to commercialize a flywheel energy storage system that provides a highly reliable, low-cost and non-toxic replacement for lead-acid batteries used in conventional power quality installations. The company has developed a battery-free power quality system which is marketed under the Caterpillar brand name.

This penny stock is moving and hit 15 new highs in the last 20 sessions. The last month's price appreciation of 34.94% has given the stock a 96% Barchart overall technical buy signal with 12 of the 13 technical indicators signaling buy. The stock trades around 1.11 with a 50 day moving average of .86.

Believe it or not Wall Street has noticed this stock and has 3 buy recommendations out for their clients. Their consensus estimate of increases in sales are 41.30% for this year and 22.30% next year. Earnings per share is the real story with an estimate of a 52.90% increase in EPS this year, 75.00% next year and a 5 year annually compounded EPS growth rate of 25.00% expected. These are very aggressive estimates.

The CAPS members on Motley Fool think the stock will beat the market with a vote of 32 to 10 with the All Stars split 7 to 7.

If you're looking for a penny stock that has Wall Street recommendations here are some points to consider:

1 - Barchart 96% overall technical buy signal  [more]

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Multi-national preferrred for dividend and appreciation

July 27, 2010 – Comments (0) | RELATED TICKERS: AEH

I'm adding Aegon NV Preferred shares (AEH) to the Barchart Van Meerten New High portfolio. Aegon based in the Netherlands is one of the largest Life and Health insurance companies in the world. This is a pure price momentum play and shows how investors are flocking to the safety of preferred shares.

I found this stock when screening on Barchart for stocks that are hitting the most frequent new highs. This stock hit 15 new highs in the last 20 sessions including 5 out of the most recent 5. This is a 100% Barchart technical short term buy and is confirmed by a Trend Spotter (tm) buy signal. The stock had a 33.60% price appreciation last month and trades around 8.39 with a 50 day moving average of 7.01.

Not a lot of US investors are following foreign preferreds but on Motley Fool the CAPs members who do vote 13 to 4 that the stock will beat he market and the All Stars agree 8 to 1.

If you're looking for a preferred stock that pays an 8.60% dividend and has potential for capital appreciation here are some things to consider:

1 - 100% Barchart short term buy  [more]

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Market Rally or just a Recovery?

July 24, 2010 – Comments (1)

Every weekend I step back and make an evaluation of the market based on data only, no headlines or prognostications. For you old Dragnet fans you might remember Sargent Friday say: " Just the facts ". I'll use my 3 standard yard sticks because although each measures the trend of the market they each do it in a slightly different way. All the data comes from Barchart. Let's see what happened.

Value Line Index -- Contains 1700 stocks so it's more representative of the market than the narrow S&P 500 or very narrow Dow 30 -- Marked improvement this week but still not a full blown trend

1- Index up 5.77% for the week but only up about 1.83% for the last month  [more]

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Price appreciation plus high tax exempt yield

July 23, 2010 – Comments (0) | RELATED TICKERS: CXE

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio. I'm adding Colonial High Income ( CXE) to the Barchart Van Meerten Speculative portfolio for price appreciation reasons.

COLONIAL HIGH INCOME MUNICIPAL TRUST (CXE) is a closed-end, diversified management investment company, whose investment objective is to provide high current income, generally exempt from Federal income taxes.

Recently many of the high income closed end funds had a run up in price and I'll stay on the ride as long as it lasts.

CXE hit 18 new highs in the last 20 sessions including 5 for 5 recently. The stock had a 5.54% price appreciation last month and pays a 7.50% dividend that is Federally tax exempt. It has a 96% Barchart technical buy and a Trend Spotter (tm) buy signal. You can buy around 5.09 with a 4.97 50 day moving average for a suggested stop loss.

Investor sentiment is very split on this stock because investors can't decide if its a price momentum play or a time to pick up a great dividend in a weak market. I say both so let's hold on to it for a little while but monitor the price closely.

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: No positions in the stock mentioned at the time of publication   [more]

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Defense contracting

July 23, 2010 – Comments (0) | RELATED TICKERS: CVU

Today's addition to the Barchart Van Meerten New High portfolio is a small defense contractor. We are looking at this as a short term price momentum play not a long term investment.

CPI Aerostructures, Inc. (CVU) is comprised of two distinct entities: CPI Aerostructures, Inc. and Kolar, Inc. CPI Aerostructures, Inc. engages in the contract production of structural aircraft parts for the United States Air Force and other branches of the U.S. armed forces as a prime contractor or subcontractor for other defense prime contractors primarily in the United States. The company, as a prime contractor, offers skin panels, leading edges, flight control surfaces, engine components, wing tips, cowl doors, nacelle assemblies, and inlet assemblies for military aircraft. As a subcontractor, it offers various pods, and modular and structural assemblies for military aircraft; and various kits and assemblies for the S-92 civilian helicopter, as well as operates as a subcontractor to prime contractors in the production of commercial aircraft parts. The company was formerly known as Consortium of Precision Industries, Inc. and changed its name to CPI Aerostructures.

The stock came up on my daily Barchart screening for stocks hitting the most frequent new highs. This one hit 15 new highs in the last 20 trading sessions including 5 in the last 5. Last months price appreciation of 17.58% has given the stock a 96% Barchart technical buy and a Trend Spotter (tm) buy. The stock trades around 10.79 with a 50 day moving average of 9.43.

Wall Street hasn't discovered this stock yet and only 1 analyst follows it but he thinks the stock will have a 25% 5 year annual compounded EPS growth rate.

Investors also haven't found it either. On Motley Fool the 2 investors that have given opinions think it will beat the market.

I'm adding CPI Areostructures ( CVU) to the Barchart Van Meerten New High portfolio but will keep a very close eye on it. Points to consider:

1 - 15 new highs in the last 20 sessions  [more]

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Fine paper maker

July 22, 2010 – Comments (0) | RELATED TICKERS: SPPJY

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

I adding SAPPI LTD (SPP) to the Barchart Van Meerten Speculative portfolio. The company is the world 's leading producer of coated fine paper. They hold major market shares in Europe, North America and Africa. They have customers in over 100 countries worldwide. Their manufacturing operations span eight countries on three continents. This may be a biggest little company you never heard of.

The company came up on my Barchart screening for stocks hitting the most frequent new highs. The stock hit 12 new highs in the last 20 sessions and had a 12.78% price appreciation last month. It has an 80% Barchart technical buy for both the short term and overall time frames plus a Trend Spotter (tm) buy signal. The stock trades at 4.50 with a 50 day moving average of 3.91.

Wall Street brokerages have 2 buy and 3 hold recommendations based in an expected sales increase of 18.60% this year and 1.60% next year. The figures I find hard to believe are an estimated increase of 115.40% this year and 700.00% next year. These are their figures not mine so put a tight stop loss on this one.

Investors have noticed this one and the Motley Fool CAPS members vote 54 to 9 that the stock will beat the market. The All Stars have a similar vote of 27 to 4.

I'm adding it to the Barchart Van Meerten Speculative portfolio because:

1 - It is a world leader in it's particular niche  [more]

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High Income plus price appreciation

July 22, 2010 – Comments (0) | RELATED TICKERS: ERH

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

I am adding the Wells Fargo Advantage Utilities and High Income Fund ( ERH ) formerly called the Evergreen Utility and High Income fund to the Barchart Van Meerten New High portfolio. The fund is a leveraged close-ended balanced mutual fund. The fund invests in the public equity and fixed income markets of the United States. It primarily invests in stocks of companies across all market capitalizations operating in utility sector. For the fixed income component of its portfolio it seeks to invest in non-investment grade securities. The fund invests in utilities ( 77% ), energy ( 13% ) and telecommunications ( 10 % ). The fund is leveraged 51% and pays a 9.26% dividend.

The fund hit 14 new highs in the last 20 trading session and had a 7.34% price increase last month. It trades around 11.26 with a 50 day moving average of 10.56. Barchart's technical indicators signal an 80% short term buy and this is confirmed by a Trend Spotter (tm) buy signal.

Wall Street analysts have an unwritten code of not giving opinions on others firms funds so there are no brokerage recommendations here.

Investors have found this stock though and on Motley Fool the CAPS members think the stock will out perform the market by a vote of 26 to 7 and the All Stars agree 13 to 4.

This is a nice play:

1 - 80% Barchart short term technical buy  [more]

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Profits in cancer research and treatment

July 21, 2010 – Comments (0) | RELATED TICKERS: YMI.DL2

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

YM BioSciences Inc.(YMI) is being added to the Barchart Van Meerten Speculative portfolio. The company engages in the licensing and commercialization of drug products and technologies primarily for the treatment of cancer or cancer-related conditions worldwide. Its approved product Nimotuzumab, a humanized monoclonal antibody that targets the epidermal growth factor receptor, is used for the treatment of nasopharyngeal carcinomas, head and neck cancer, refractory children glioma, adult glioma, and stage III/IV glioma. The company is also developing Nimotuzumab for various other epithelial cancers; and AeroLEF, a proprietary formulation of free and liposome-encapsulated fentanyl administered by pulmonary inhalation for the treatment of severe and moderate acute pain, including cancer pain.

Recent price appreciation of 16.24% last month plus hitting 11 new highs in the last 20 trading sessions is a reason to take notice. Barchart Trend Spotter (tm) signals a buy and the stock is trading above its 20, 50 and 100 day moving averages. The stock trades at 1.36 with a 50 day moving average of 1.28.

Wall Street brokerages have 2 buy recommendations for their clients based on a prediction of a 190.70% sales increase next year. Earnings per share are estimated to increase 13.00% this year and 25.00% next year. Pretty aggressive estimates.

The investing community has noticed this stock and the Motley Fool CAPS members think the stock will beat the market by a vote of 91 to 1.

The reasons I'm adding YM Biosciences (YMI) to the Barchart Van Meerten Speculative portfolio:

1 - 11 new highs in the last 20 sessions  [more]

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South of the border banking action

July 21, 2010 – Comments (0) | RELATED TICKERS: BCH

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

Time for a little south of the border action. If US banks aren't lending, banks in other countries are. Banco De Chile (BCH) is being added to the Barchart Van Meerten New High portfolio. The bank is principally engaged in commercial banking in Chile, providing general banking services to a diverse customer base that includes large corporations, small and mid-sized businesses and individuals.

The recent priced action of a 16.28% increase last month has given the bank a
Barchart 96% short term buy signal with a confirmation from the Trend Spotter (tm). The stock hit 12 new highs in the last 20 sessions and was 5 for 5 recently. It trades above its 20, 50 and 100 day moving averages at about 73.65 with a 50 day moving average of 62.19.

Wall Street brokerages have 2 buy recommendations published based on expected sales increases of 9.90% this year and 10.20% next year. Earnings increases are the real story with an EPS increase of 36.380% this year and 16.00% next year forecasted.

Investors are just beginning to discover this stock and the Motley Fool CAPS members vote the stock will beat the market 71 to 9 with the All Stars in agreement 30 to 3.

Banco de Chile (BCH) is being added to the Barchart Van Meerten New High portfolio because:

1 - Recent price momentum has give it a Barchart 80% technical buy signal  [more]

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Dividend and growth in the pipelines

July 20, 2010 – Comments (0) | RELATED TICKERS: DPM

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio. DCP Midstream Partners, LP (DPM) is added to the Barchart Jim Van Meerten New High portfolio. The partnership is a midstream master limited partnership that gathers, treats, compresses, processes, transports and markets natural gas and transports and markets natural gas liquids. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by Duke Energy Field Services, a joint venture between Duke Energy and ConocoPhillips. It is a midstream master limited partnership formed by Duke Energy Field Services to own, operate, acquire and develop a diversified portfolio of complementary midstream assets. Supported by its relationship with Duke Energy Field Services and its parents, Duke Energy and ConocoPhillips, it intend to acquire and construct additional assets and have a management team dedicated to executing our growth strategies.

The stock hit 13 new highs in the last 20 sessions including 5 in the last 5. The price appreciation has been 14.84% in the last month and it trades at 35.09 with a 50 day moving average of 31.08.

Wall Street brokerages are very high on master limited partnerships in the energy sector right now and have 3 buy and 4 hold reports published. They estimate sales increases of 56.00% this year and 10.20% next year. Earnings are expected to increase 9.00% this year, 3.47% next year and continue for a 5 year compounded EPS growth rate of 5.00%. Growth with a 7.1% dividend!

Positive investor sentiment in this sector is confirmed by the CAPS members on Motley Fool who vote that the stock will beat the market by a vote of 152 to 11. The experienced All Stars are more confident that it will beat the market by a vote of 55 to 2.

I know that my portfolio is getting a little over weighted in the sector but we will keep tight stop losses and be prepared to bail if the price falters. I'm adding because:

1 - The stock hit new highs in 13 of the last 20 sessions including 5 in the last 5  [more]

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Solar energy in a big way

July 20, 2010 – Comments (2) | RELATED TICKERS: TSL

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

Everyone seems to want to get on the alternative energy band wagon so here is your chance. TRINA SOLAR LTD (TSL) is currently one of the few private manufactures who have 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 have 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.

Wall Street brokerage firms have found this company in a big way. They have 23 buy and 4 hold recommendations published based on estimates that sales will increase by 53.20% this year and 11.60% next year. Earnings are also expected to be stellar with a 25.60% increase this year, 8.50% next year and maintain a 5 year compounded annual EPS growth rate of 20.80%.

Their recommendations have caused a price movement of 23.22% last month and the stock hit new highs in 5 of the last 5 trading sessions. Barchart has a 100% short term technical buy signal and an overall 64% buy signal. Their Trend Spotter (tm) also signals buy.

The general investors have taken note and on Motley Fool the CAPS members vote 983 to 185 that the stock will beat the market with an agreement vote of 214 to 74 from the more experienced All Stars.

I'm adding this stock to the Barchart Van Meerten New High portfolio but because of its recent price movement would advise a tight stop loss at the 50 day moving average of 18.87. Buying points:

1 - 100% Barchart short term technical buy signal  [more]

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Profit form refining by products

July 19, 2010 – Comments (0) | RELATED TICKERS: EPD

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio. Enterprise Products Partners L.P. (EPD) is a leading integrated provider of processing and transportation services to producers of Natural Gas Liquids (NGLs) and consumers of NGL products. The Company fractionates for a processing fee mixed NGLs produced as by-products of oil and natural gas production into their component products: ethane, propane, isobutane, normal butane and natural gasoline; converts normal butane to isobutane through the process of isomerization; produces MTBE from isobutane and methanol; and transports NGL products to end users by pipeline and rail car.

This stock had price appreciation of 7.78% last month and pays a 7.2% cash dividend. Investors have noticed this stock and on Motley Fool the CAPS members vote 993 to 21 that the stock will beat the market with the All Stars in agreement by a vote of 335 to 6. Fool follows Wall Street columnists and notes that all 11 of the recent articles have been positive.

This is a 96% Barchart technical buy and hit 13 new highs in the last 20 sessions including 5 in the last 5. The stock trades around 37.57 with a 50 day moving average of 34.53.

Wall Street brokerages look for an increase in sales of 29.20% this year and 9.00% next year, Earnings growth is estimated to be 20.50% this year, 5.70% next year and 6.03% for the next 5 years.

If you're looking for a dividend stock with price appreciation Enterprise Products (EPD) has :

1 - 96% Barchart technical buy signa  [more]

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Fresh Produce and Bargain prices

July 19, 2010 – Comments (0) | RELATED TICKERS: NDN.DL2

I try not to fall in love with a stock but this one keeps coming up on my radar. 99 Cents Only Stores (NDN) is a deep-discount retailer of name-brand, consumable general merchandise. The company's stores offer a wide assortment of regularly available consumer goods as well as a broad variety of first-quality, close-out merchandise. They provide customers significant value on their everyday household needs and an shopping experience in customer-service-oriented stores which are attractively merchandised, brightly lit and well-maintained. Lately the company has been able to increase prices, lower inventory shrinkage ( shop lifting ) and get a handle on SG&A expenses. They try to lead the market is having lower fresh produce prices than the nearby general grocery stores. Low prices and fresh produce seems to be a winning combination.

Last month the stock price appreciated 14.81% and on its way up hit 11 new highs in the last 20 trading session. Barchart rates it an 80% short term technical buy and Barchart's Trend Spotter (tm) also signals a buy. The stock trades around 16.16 with a 50 day moving average of 14.74.

Wall Street brokerage analysts like the company's prospects and estimate the sales will increase by 5.80% this year and 6.70% next year. Any time I see double digit earnings growth projected I take notice. Analysts think EPS will increase 16.10% this year, 12.90% next year and continue for an annual 5 year compounded growth rate of 15.50%.

Investors are starting to notice NDN and on Motley Fool vote that the stock will beat the market with a vote of 173 to 50 with the more experienced All Stars in agreement 52 to 12. Of the Wall Street columnists Fool monitors articles have been favorable 5 to 1.


99 Cent Only Stores might be a nice addition to your portfolio if you like:

1 - Recent price appreciation of 14.81% last month
2 - 80% Barchart short term technical buy signal
3 - Wall Street analysts estimating increases in sales and double digit EPS growth
4 - Solid investor sentiment that the stock will beat the market

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.  [more]

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Market ends the week weak

July 16, 2010 – Comments (1)

OK. Time for the reality check. If you had listened to the talking heads at the beginning of the week you night have thought the market was in a full recovery mode but it ran out of gas toward the end of the week. We have been on a roller coaster ride since the beginning of May, but it has been the downward portion of the ride. Remember to use the 3 yard sticks I've developed from the data on Barchart because every sample has some error in it and doesn't tell the whole story. So where are we?

Value Line Index-- Contains 1700 stocks so I think it is a better representation of the market than the S&P 500 or the even narrower Dow 30 -- down 4 days out of 5

1 - Although we are up by 5.75% since the beginning of the month we are down 6.54% for the last month  [more]

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My Million Dollar Challenge

July 16, 2010 – Comments (0)

When I was a kid I was always fascinated by the stock market. I saw it as a way to make money without having to run a business and not have personnel or supply problems and all that drama that goes along with being a business owner. My childhood heroes were Sir John Templeton, Warren Buffet and Peter Lynch.

I read all the articles about the conflict between the random walk theory and how these 3 beat it. In college I became an accounting major and spent hours in the library reading Trendlines, Standard & Poors and Value Line. When I graduated I even bought subscriptions to Value Line.

I became convinced that there were no secrets or magic to investing. Later I became a Financial Advisor but of course was limited to the investments recommended by my research department.

About 5 years ago I became frustrated and wanted to test out my own theories. About the same time I can across Forbes Best of the Web and saw some recommendations by the Forbes editors for stock screeners and stock simulation games. I decided to test my theories and started a model portfolio on Marketocracy and began using Barchart for my stock screener because it was easy to use and free.

Before long some of my portfolios were consistently ranking in the top quartile of the 100,000 portfolios evaluated on Marketocracy. After a few years I started to have some of my portfolios hit in the top 100 for various time frames. Last year I became a full time financial blogger and now I have funds that consistently hit in the top 100 of the 100,000 and even a fund that is in the M100. I started posting my ideas on Barchart Portfolio Blogs and Seeking Alpha and now I have almost 14,000 followers of my postings. I want to help you become a better investor.

Here's my challenge to you: I want you to help me prove that anyone, from any walk of life and from any educational background can beat the market by using a little guidance, some common sense, an easy to use stock screener and data base plus a lot of discipline.

Your challenge is to open a free $1,000,000 simulated stock simulation portfolio on Marketocracy, learn to use the Barchart tools by reading my postings on
Barchart Porfolio Blogs and Seeking Alpha, ask questions and share your ideas in a Marketocracy forum that I will set up under Investing Strategies using the title Barchart User Forum and test your ideas.

Your goal will be:

1 - Have a positive rate of return on your simulated portfolio  [more]

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Save Social Security

July 13, 2010 – Comments (6)

I just attended my 45th high school reunion, Fort Lauderdale High School Class of 1965 -- Home of the Flying L's and one of the hot topics of conversation was Social Security (SSI) and when you should retire. I retired last September when I turned 62 and decided to take my reduced benefits. My kids had both graduated from college and were employed, my debt is low and I'd saved for retirement since I graduated from college. My Social Security statement showed I'd been paying in to the SSI fund since 1962 while I was still in high school and had contributions every year since then.

Yesterday an article by David Lightman called " A push to delay Social Security benefits until 70" caught my eye. The article, like most articles on Social Security tells of all the problems but offers few solutions except for pushing out your retirement date further and further. Well I've got some ideas.

The problem with both Social Security and Medicare is that they are not actuarially funded. Revenues and expenditures have no correlation to each other. Half of the US is of the opinion that SSI is a bad deal. They think that after all the years of paying in they will not get their money back. Come on guys, if that was the case why is it going broke?

I'm taking reduced payments and I still get all my money back in just 39 months. I think that's a pretty good deal for me but it's also the reason SSI is going broke. My solution in simple.

First separate the SSI and Medicare funds. Open a government sponsored IRA and a Health Saving Account (HSA) for everyone. Use the present method of funding deposits and invest the money in Treasury Inflation Protected Securities (TIPS). When you turn 65 you will get a payout from your Social Security IRA based on your accumulated balance in the amount of your Required Minimum Distribution (RMD) just like you get from your regular IRA. If you have medical expenses you send a claim into the HSA fund and you get reimbursed up to the amount you have funded. You get exactly what you paid for.

Should you die with a balance, that balance is forfeited to the fund and redistributed to the accounts of the surviving participants. This is the way it happens in the private sector pension funds why not in the public sector?

Sometimes the simplest solutions are the most practical ones? What do you think?

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: No positions in the stock mentioned at the time of publication   [more]

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Covenant Keeps on truckin'

July 12, 2010 – Comments (1) | RELATED TICKERS: CVTI

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

Covenant Transport, Inc. (CVTI) is a truckload carrier that offers just-in-time and other premium transportation services for customers throughout the United States. They do it all from driving the rigs, loading and unloading the trucks and keeping track of where your inventory is, when it will be delivered and also performs billing services. As the economy recovers they should land their share of new business.

The stock had recent price appreciation in 15 of the last 20 sessions with a price increase of 30.40% last month. This is a 100% Barchart technical buy and trades at 8.75 with a 50 day moving average of 8.30.

Analyst for Wall Street brokerages have 1 buy and 3 hold reports published and estimate that sales will increase 11.60% this year and 8.30% next year. The recent price action may be attributed to estimates that the EPS will increase by 121.90% this year 133.30% next year and continue at a 5.00% rate for the next 5 years.

Investors haven't discovered this stock yet but on Motley Fool those that have vote for the stock to out perform the market by a vote of 13 to 5 with the All Stars voting 3 to 2.

I'm adding this stock to the Barchart Van Meerten Speculative portfolio because:

1 - Recent price appreciation of 30.40% with 15 new highs in the last 20 trading sessions  [more]

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2

Gas pipelines for profit and income

July 12, 2010 – Comments (0) | RELATED TICKERS: TCP

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio. Last week we discussed the merits of some oil pipe lines, this week lets look at a natural gas pipeline.

TC PipeLines, LP ( TCLP ) is a United States growth-oriented Master Limited Partnership (MLP). It was formed by TransCanada PipeLines Limited to acquire, own and actively participate in the management of United States based natural gas pipelines and related assets. The Company's portfolio of interstate natural gas pipeline investments in the United States includes a 100% general partner interest in Tuscarora Gas Transmission Company (Tuscarora), a 46.45% general partner interest in Great Lakes Gas Transmission Limited Partnership (Great Lakes), and a 50% general partner interest in Northern Border Pipeline Company (Northern Border). Its general partner is TransCanada, a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas pipelines, power generation, gas storage facilities, and projects related to oil pipelines.

The publicly traded partnership can to my attention while screening for stocks hitting the most frequent new highs on Barchart. The stock hit 13 new highs in the last 20 sessions and had a 7.69% price appreciation in the last month. 12 of the 13 technical indicators on Barchart have a buy for an overall 96% buy signal. The stock is trading above its 20, 50 and 100 day moving average and has a Barchart Trend Spotter (tm) buy signal. The stocks trades at 41.72 with a 50 day moving average of 38.50.

Wall Street likes the stock too and has 2 buy and 6 hold recommendations published. Although I like it for its recent price appreciation, Wall Street likes the 8.7% dividend which seems to increase almost every year.

Investor sentiment measured on Motley Fool is high with CAPS members voting 141 to 9 that the stock will beat the market and the more experienced All Stars agree with a vote of 60 to 2.

For older investors this stock has a one-two punch: a nice dividend for income and price appreciation for the future. I'm adding it to my Barchart New High Portfolio because:  [more]

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6

Light at the end of the tunnel or a train?

July 10, 2010 – Comments (0)

I'm not sure if that is light at the end of the tunnel or a train coming from the other way. When things look the darkest we all look for optimistic signs but let's try not to go over board. Weed through all the talking heads on TV and the headlines on the financial news and evaluate where the market really stands.

This weekend look at my 3 yardsticks for evaluating the market. I use 3 because no single yardstick tells the whole picture. Barchart is the source of all my data.

Value Line Index -- contains 1700 stocks so I think it's more representative of the market than the narrower S&P 500 or the very narrow Dow 30 -- Index closed up for the week but still no long term trend
1 - Index gained 5.43% last week  [more]

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1

Profits out of darkness

July 09, 2010 – Comments (0) | RELATED TICKERS: FLIR

On my Barchart Portfolio Blog portfolio I bring to your attention stocks you might want to consider for your portfolio. Flir Systems ( FLIR ) came into my radar when I was screening for stocks that have hit the most frequent new highs in the last month's trading sessions

They design, manufacture and market thermal imaging and broadcast camera systems for applications in the commercial and government markets. The thermal imaging systems use infrared technologies that detect infrared radiation, or heat, enabling the operator to measure minute temperature differences and to see objects in daylight or total darkness and through smoke, haze and most types of fog. These technologies sort of let you see in the dark. It could be used by soldiers, hunters or even law enforcement to find pot houses.

Some analysts are predicting that since the US forces in the Middle East are one of the largest customers that the stocks glory days are over. I'm taking an opposite view and think that the company's equipment will have a lot of civilian applications because as much as we'd like to believe it the war on terrorists will never be over and neither will the war on drugs. The stock is trading at 30.49 and a stop loss at 28.98, which is the present 50 day moving average is advised in case I'm wrong.

The stock hit 12 new highs in the last 20 sessions and is 4 for 5 recently. The last month has seen a 14.29% price appreciation. 12 of the 13 Barchart technical indicators signal buy for an over all buy rating of 96%. The stock trades above its 20, 50 and 100 day moving average and has a Barchart Trend Spotter (tm) buy signal.

Investor confidence as measured on Motley Fool is extremely high with the CAPS members voting 843 to 24 that the stock will beat the market, The more experienced All Stars agree by a vote of 217 to 2. Fool notes that the columnist they follow have written positive articles 11 to 1.

The fundamentals on this stock are very strong. The Wall Street brokerage firms like it and have 9 buy and 8 hold reports published. They expect sales to increase 13.60% this year and 13.40% next year. Double digit earnings growth projections have also been published with EPS increases of 14.50% next year and a 5 year compounded EPs growth rate of 16.32% estimated.

I'm high on this stock and adding it to my Barchart New High portfolio because:

1 - Barchart technical buy signals for a 96% overall buy signal  [more]

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Washington targets you home mortgage deduction

July 08, 2010 – Comments (5)

The Robama Hood administration continues in its quest to rob from the "rich" and give to the "poor". For some reason they have made it their quest to punish families making over $250K and redistribute their "ill gotten" gains to those making less than $40K.

His latest target is your mortgage interest deduction (MID). The Tax Policy Center notes that those making under $40K get an MID of only $91 while the filthy rich making over $250K get an MID of $5,459. The Robama Hood administration estimates that the MID will "cost" the Treasury $131bn in 2012. Can you believe that they think the American homeowner is robbing the Treasury. Since when is the Executive Branch's mission to maximize taxes?

Did my parents raise me wrong? They taught me to study hard and get as much education as I could so I'd land a good job. They also instilled in me that I should find that right person with similar values, get married and have kids when you can really afford them.

I'm not going to make any moral judgement but let's compare 2 life styles:

Life style number one is a married couple who kept their noses to the grindstone and applied themselves in school until they both had advanced or professional degrees. After they established themselves in their respective careers brought children into their world.

Life style number two are players who don't take advantage of the free education offered all children in the USA and drop out of school. They together or individually decide that having children is a right not a responsibility so just have kids even if you are single or can't afford to raise them.

Which lifestyle do you think is more likely to make over $250K and which one is more likely to make under $40K?

The Congressional Budget Office is recommending replacing your mortgage interest deduction with a 15% tax credit and lowering the limit on the size of you eligible mortgage.

Do we live in the United States of America -- The Land of Opportunity or Sherwood Forest?

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.   [more]

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Growth predicted in Biomaterials

July 08, 2010 – Comments (0) | RELATED TICKERS: KNSY.DL

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

Kensey Nash Corporation (KNSY) designs, develops, manufactures, and processes proprietary biomaterials products for the orthopedics, cardiology,drug/biologics delivery and wound care markets. The company also is involved with cardiovascular medical technology, specifically, arterial revascularization and puncture closure devices. The company intends to leverage its proprietary knowledge and expertise to develop new products and technologies and to explore additional applications for its products.

In the last 30 days this stock has appreciated 14.71% with 15 new highs in the last 20 trading sessions. On Barchart 12 of the 13 technical indicators have buys for a 96% technical buy signal. The stocks trades at 24.10 with a 50 day moving average of 22.87.

Wall Street brokerages are recommending this stock to their clients with 4 buy and a hold report published. Sales are expected to increase 4.00% next year and earnings are expected to increase by 5.80% also. The big news is analysts are predicting a 15.00% 5 year compounded EPS growth rate.

Investors are beginning to follow this stock with CAPS members on Motley Fool voting 44 to 10 that the stock will beat the market and the more experienced All Stars agree 16 to 6.

There have been 3 recent articles on KNSY and all have been positive.

I'm adding Kensey Nash (KNSY) to the New High portfolio because:
1 - The stock has enjoyed a recent 14.71% price increase in the last month  [more]

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1

Pipeline profits

July 08, 2010 – Comments (0) | RELATED TICKERS: SXL

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio.

Sunoco Logistics Partners L.P. (SXL ) is a limited partnership formed by Sunoco, Inc. to acquire, own, and operate a geographically diverse and complementary group of refined product and crude oil pipelines and terminal facilities. A major portion of their revenue stream is almost guaranteed by Sunoco itself. At the present time they do not have any natural gas pipelines. Not only do they have some of their own pipelines but they also have equity interests in several other pipeline companies.

Presently this is a technical long term price play with the stock hitting 14 new highs in the last 20 sessions including 4 in the last 5 days. The stock has enjoyed an 11.49% price increase in the last 30 days. Barchart is high on this stock with 12 of its 13 technical indicators signaling a buy for an overall 88% buy signal. The stock is trading above its 20, 50 and 100 day moving average and had a steady price appreciation for several years. The stock trades around 74.19 with a 50 day moving average of 67.70.

Barchart Trend Spotter (tm) also signals a buy with both strong strength and a strongest direction indicators.

Investor confidence is high with CAPS investors on Motley Fool voting 113 to 13 that this stock will beat the market. The more experienced All Star investors confirm with a vote of 42 to 5.

Wall Street brokerages have 5 buy and 6 hold recommendations published and although growth projections in sales and earnings are not spectacular they are looking for positive increases of both sales and growth for at least 5 years.

The stock meets the criteria I look for to add to my portfolio:
1 - 88% Barchart technical buy signal   [more]

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6

We got the funk!

July 05, 2010 – Comments (0)

I keep reading all the reasons the pundits make for why the economic data shows we are in a recovery but the stock market is in a decline. My reason is as good as anybodies: We got the funk!.

Funk is a state of depression and that seems to be what the country has lately. Nothing seems to be going right. It's not any one reason, it's just a series of bad news reports that seem to have a cumulative effect, so we got the funk.

The housing market is in the toilet - that's the only way I can describe it. I just returned from south Florida and news reports there say that over 50% of the homes are under water. I talked to a guy that thought he had a bargain dream home that he bought just 5 years ago for $200K. It's 1,000 square feet, 3 bedrooms, 2 baths on a 125 x 125 foot lot. Houses in his neighborhood are all being listed for under $100k and banks have had some short sales for between $45K and $75K. He doesn't feel good about his investment.

The news in the Gulf of Mexico just keeps getting worse. No sign of getting the well getting plugged soon. Ask 3 engineers and you get 5 estimates of the potential damage. You would think that some bright 10 year old math whiz could figure out that given the viscosity of the crude oil, the pressure of the well the week before it blew and the 21 inch pipe diameter that X gallons are coming out of that pipe but no one seems to agree on the figure. Add the fact that people along the Gulf that have become unemployed are saying the BP is hiring outsiders to do the clean-up jobs not the local unemployed. Sounds like what happened after Katrina hit them a few years ago.

Obama and the tree huggers keep telling us how many green jobs are being added to the economy through alternative energy and conservation efforts. Has anyone told them that for every job created in the green sectors there will be lay offs in the fossil fuel industries?

Speaking of the jobs numbers the news isn't bright here either. Just think how many new graduates that can't find jobs are not counted as unemployed because we only count those that lost jobs not those who are looking for new jobs like recent graduates, retirees who's investments have tanked and have to go back into the labor force or spouses who are coming back into the labor force because the supporting spouse lost a job.

Interest rates are staying low and that is hurting a lot of retirees who seem to flock to insured CDs and T-bills. With 5 year CDs at 2.78% and the 10 year Treasury at 2.93% a retired couple needs almost $2 million dollars to get $50K a year not including taxes and inflation. How many retirees have $2 million? Not many.

The small business people I know that want to expand say the banks won't give them the money to do it. Banks are cutting lines of credit and even pledging your house and first born child is no longer good enough.

On this 4th of July I'm still proud of our military even with all those in Washington who never served a day in the military who some reason think they know how to run a war. We haven't won a war since WWII except for our successful invasion of Granada. Wouldn't you love for Obama to say: "Full speed ahead, damn the torpedoes and get Bin Laden and destroy the enemy at all cost!"? Right now our military is only making Afghanistan a safe haven for the poppy growers. I think along with the count of the military casualties we should publish the count of how many of our youth are dying or destroying their lives from the products of Afghanistan poppy fields.

With 401K, IRA and home equity values tanking and no return on your safe investments, much less your aggressive ones do you feel depressed? Even if you're set, how does the news of your kids or neighbors getting laid off brighten your day. Even teachers, police, fireman, EMTs and city and county workers are getting the ax.

So my idea on what's wrong with the stock market: We got the funk! My reason is as good as any economists reasons.

I got the funk. How about you?

Jim Van Meerten is an investor who writes on investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: No positions in the stock mentioned at the time of publication  [more]

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The market just keeps tanking

July 03, 2010 – Comments (4)

On Barchart Portfolio Blogs I bring to your attention stocks you might want to consider for your portfolio. Ever weekend I try to ignore all the headlines and conjectures and just look at the facts. Barchart is the best place to mine the data I need. I use 3 yard sticks because 1 just doesn't give me the whole picture. Let's see where we ended the week.

Value Line Index -- Contains 1700 stocks so I think it is a better representation of the market than the narrow S&P 500 or even narrower Dow 30 -- Very ugly this week
1 - Sell signals on 12 of the 13 Barchart technical indicators for a 96% overall sell signal  [more]

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Profits in generic drugs

July 02, 2010 – Comments (0) | RELATED TICKERS: HSP

The market hasn't been very kind lately and so there hasn't been a lot to write about. Today while screening on Barchart for stocks hitting new highs I can across Hospira Inc ( HSP )

It is a global specialty pharmaceutical and medication delivery company dedicated to advancing wellness by developing, manufacturing and marketing products that help improve the safety and efficacy of patient care. Their portfolio includes one of the industry's broadest lines of generic acute-care injectables, integrated solutions for medication management and infusion therapy, and a full-service contract manufacturing business.

Generic medicine has a great future as medical care providers attempt to rein in costs. HSP has a generic chemotherapy drug Oxaliplatin that should be a money maker. They now are in the US, Europe and Asia where socialized medicine in some of those countries like generics.

The stock hit 15 new highs in the last 20 sessions including 4 in the last 5 sessions. Last month the stock increased 10.43% in this soft market. Barchart's technical indicators have 9 buy signals for an overall buy signal of 64%. The stock trades around 57.30 with a 50 day moving average of 53.84.

The CAPS members on Motley Fool like this stock and vote 120 to 19 that the stock will beat the market with the All Stars voting in agreement 42 to 3. Fool notes that the columnists they follow have positive articles 9 to 0 in favor of this stock.

Wall Street brokerage analysts give 6 thumbs up will 6 buy recommendations published and 3 other firms are telling their clients to hold 'em if you got 'em. Sales are predicted to increase 4.20% this year and 5.50% next year. Double digit earnings increases of 11.90% this year, 15.20% next year are expected. An 11.60% 5 year compounded annual EPS growth rate of 11.60% will be a welcome sign for the long term.

The stock has a lot going for it:
1 - Already established generic market in the US and expanding into Europe and Asia   [more]

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