Today I deleted Nippon Telegraph and Telephone from the Barchart Van Meerten New High portfolio for negative price momentum.

Earlier in the week, I made a few buys in the Barchart Van Meerten New High Portfolio. The additions were Equity Residential (NYSE:EQR), Bed Bath & Beyond (NASDAQ:BBBY) and Nippon Telegraph and Telephone (NYSE:NTT). They have moved a little since but are still sound.

The Chart of the Day is Nippon Telegraph and Telephone (NYSE:NTT). I found the stock by sorting today's New High list for new high frequency in the last month, then used the Flipchart feature to review the charts.

The average score across our ADR universe is 45.21, above the four week moving average score of 44.70. The average ADR is trading -16.17% below its 52 week high, 1.68% above its 200 dma, has 4.27 days to cover held short, and is expected to post EPS growth of 22.57% next year.

The average score across our ADR universe is 45.48, above the four week moving average score of 44.74. The average ADR is trading -16.12% below its 52 week high, 1.79% above its 200 dma, has 3.8 days to cover held short, and is expected to post EPS growth of 21.84% next year.

The average score across our ADR universe is 43.89, slightly below the 44.24 four week moving average score. The average ADR is trading -17.2% below its 52 week high, 0.72% above its 200 dma, has 3.8 days to cover held short, and is expected to see EPS growth of 21.86% next year.