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
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