I’m not in a wholesale sell out mode but I’m trimming stocks that exhibit failure to keep their momentum. I trimmed Canadian Solar (CSIQ), LPL Investments (LPLA) and E*Trade Financial (ETFC) for the Barchart Van Meerten New High portfolio.
Canadian Solar (CSIQ)
Barchart technical indicators:
- 88% Barchart technical sell signals
- Trend Spotter sell signal
- Below its 20, 50 and 100 day moving averages
- 35.39% off its recent high
- Relative Strength Index 34.00%
LPL Investments (LPLA)
Barchart technical indicators:
- 72% Barchart technical sell signals
- Trend Spotter sell signal
- Below its 20, 50 and 100 day moving averages
- 12.19% off its recent high
- Relative Strength Index 34.98%
E*Trade Financial (ETFC)
Barchart technical indicators:
- 56% Barchart technical sell signals
- Trend Spotter sell signal
- Below its 20, 50 and 100 daily moving averages
- 22.40% off its recent high
- Relative Strength Index 29.49%
