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JimVanMeerten (61.38)

Broadridge is a sell

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October 15, 2010 – Comments (0) | RELATED TICKERS: BR

I have deleted Broadridge Financial Solutions (BR) from the Barchart Van Meerten New High portfolio for negative price movement.
 

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 7.04% in the last 5 days

5 - Relative Strength Index is only 28.61% and dropping

 Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.

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