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JimVanMeerten (57.35)

BHP Billiton - Barchart of the Day



February 04, 2011 – Comments (0) | RELATED TICKERS: BHP

Chart of the Day - BHP Billiton (BHP)Barchart Research Team - - Thu Feb 03, 10:18PM CSTRelated Stocks BHP - Bhp Billiton Limited
SymLastChgPctBHP94.48+1.32+1.42%The "Chart of the Day" is BHP Billiton (BHP), which showed up on Thursday's list of stocks that had a new "Buy" signal from the Barchart "TrendSpotter" trading system. BHP Billiton on Thursday rallied by 1.42% and edged to a new record high for the stock. Morgan Stanley on Thursday named BHP Billiton as a long Research Tactical idea. BHP Billiton, with a market cap of $153 billion, is one of the world's largest mining companies. 

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 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 web site when you read this report.
TrendSpotter: BuyShort-Term Indicators: 100% BuyMedium-Term Indicators: 100% BuyLong-Term Indicators: 100% BuyOverall Average 100% Buy
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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.

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