Big-Stock Rally?

There are a lot of the stock prognosticators claiming that money is flowing from shaky emerging markets and small caps back to big "quality" large caps. So who are they? I used Barchart to sort the S&P 500 Large Cap index stocks to find some examples of stocks that were climbing in at least 50% of the last 20 trading days.

My screening includes Allergan AGN; Altria (NYSE:MO), Eli Lilly (NYSE:LLY), L Brands (NYSE:LB), and Humana (NYSE:HUM):

Allergan AGN

Barchart technical indicators:

 

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.61% in the last month
  • Relative Strength Index 67.43%
  • Barchart computes a technical support level at 171.37
  • Recently traded at 176.60 with a 50 day moving average of 165.38


Altria MO

Barchart technical indicators:

 

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 6.84% in the last month
  • Relative Strength Index 69.31%
  • Barchart computes a technical support level at 44.73
  • Recently traded at 45.86 with a 50 day moving average of 42.81


Eli Lilly LLY

Barchart technical indicators:

 

  • 16% Barchart technical buy signals
  • Trend Spotter buy signal
  • On the 20 and above the 50 and 100 day moving averages
  • 12 new highs and up 3.77% in the last month
  • Relative Strength Index 55.34
  • Recently traded at 65.80 with a 50 day moving average of 62.50


L Brands (NYSE:LB)

Barchart technical indicators:

 

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 6.85% in the last month
  • Relative Strength Index 75.02%
  • Barchart computes a technical support level at 66.76
  • Recently traded at 68.22 with a 50 day moving average of 62.59


Humana HUM

Barchart technical indicators:

 

  • 48% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 4.76% in the last month
  • Relative Strength Index 53.55%
  • Barchart computes a technical support level at 128.73
  • Recently traded at 131.50 with a 50 day moving average of 126.57

 

Disclosure: None

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