Barchart Stock Chart of the Day – December 31, 2008
Wednesday, December 31, 2008
by Barchart Analyst of Barchart.com
|
|
Barchart Stock Chart of the Day – December 31, 2008
Happy New Year. And what does everyone do on New Year’s? They make resolutions. And a sizeable (pun intended) number of those resolutions have to do with weight loss.
So it should come as no surprise that Life Time Fitness (LTM) , an operator of fitness centers, is the Barchart Stock of the Day. Life Time appears today on Barchart’s Daily What's Hot - Biggest Up Moves page, a page where you can find the biggest movers and shakers each day. 
Barchart Opinions for LTM are:
Short Term Indicators Average: 20% Sell
Medium Term Indicators Average: 75% Sell
Long Term Indicators Average: 67% Sell
Overall Average: 56% Sell
Barchart Trend Spotter Signal: Sell since September 29, 2008.
Sector Performance: LTM is a member of the Leisure & Recreation Services sector , where it is the 16th best performing stock out of 23 stocks in the sector. While the sector as a whole has a weighted Alpha of -58.57%, LTM itself has a weighted Alpha of -67.30% indicating that it is significantly weaker than the sector as a whole. To learn more about weighted Alpha, visit the Barchart Learning Center.
How we spotted this chart: LTM appeared on Barchart’s Daily What's Hot - Biggest Up Moves page , where we sorted by percentage return and looked for stocks trading over $10. At noon today, LTM was trading about 8.3% higher.
Recent Developments:
There are no significant news items for Life Time Fittnes in the last seven days.
Recent articles from this author
- Interview with a Successful Currency Trader - Friday, January 01, 2010
- Barchart Chart of the Day - September 16, 2009 - Wednesday, September 16, 2009
- Barchart Stock Market Wrap – March 13, 2009 - Friday, March 13, 2009
- Barchart Stock Chart of the Day – March 13, 2009 - Friday, March 13, 2009
- Barchart Stock Market Wrap – March 12, 2009 - Thursday, March 12, 2009
About the author
The Barchart Analyst has over 35-years experience in the futures and stock markets, and is a former member of the Chicago Board of Trade. He has participated in an advisory role for many large corporations and has spent 19 years developing and back testing sophisticated trading systems for top Wall Street brokers and commodity trading firms. The Barchart Analyst uses many of Barchart.com's free tools, such as Signals, Top Stocks by Sector, and Opinions, to scour the market for stocks on the verge of a major move. His commentary alerts readers to major market trends and provides promising trading ideas. Comments may be forwarded to The Barchart Analyst via editor@insidefutures.com. With a heritage dating back to 1934, Barchart.com, Inc. has substantial experience in meeting the informational needs of the financial industry. A full-service provider of futures and equities financial market data from all major exchanges, Barchart also provides comprehensive historical market data and research, custom web content, complex real-time charting applications, an extensive array of market tools and analytics, retail, and educational products.
|
