Thursday, August 17, 2017

Health Insurance Innovations - Chart of the Day

Health Insurance Innovations (HIIQ) is the Barchart Chart of the Day.  The health insurance company has a Trend Spotter buy signal, a Weighted Alpha of 341.00+ and gained 538.73% in the last year.

The Chart of the Day belongs to Health Insurance Innovations (HIIQ).  I found the health insurance stock by using Barchart to sort Today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 5/4 the stock gained 71.07%.

Health Insurance Innovations, Inc. operates as a developer and administrator of web-based individual health insurance plans and ancillary products. Its product portfolio consists of short-term medical plans, accident, sickness & hospital medical plans, ancillary insurance, life insurance, lifestyle and discount services. Health Insurance Innovations, Inc. is based in Tampa, Florida.



The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 33.46% in the last month
  • Relative Strength Index 77.39%
  • Technical support level at 33.78
  • Recently traded at 34.30 with a 50 day moving average of 26.28
Fundamental factors:
  • Market Cap $432 million
  • P/E 22.73
  • Revenue expected to grow 24.90% this year and another 15.4% next year
  • Earnings estimated to increase 36.60% his year, an additional 19.60% next year and continue to compound at an annual rate of 1038% for the next 5 years
  • Wall Street analysts issued 5 strong buy and 1 hold recommendation on the stock


Autohome - Chart of the Day

Autohome (ATHM) is the Barchart Chart of the Day.  The Chinese automobile internet nformation company has a Trend Spotter buy signal, a Weighted Alpha of 174.00+ and gained 147.37% in the last year.


The Chart of the Day is Autohome (ATHM).  I found the Chinese automobile Internet stock by using Barchart to sort today's All Time High list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 7/20 the stock gained 36.44%.

Autohome Inc. offers an online destination for automobile consumers primarily in the People's Republic of China. The company through its Websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. It also offers advertising services; dealer subscription services; used automobile listings services; automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers. Autohome Inc. is based in Beijing, China.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above ts 20, 50 and 100 day moving averages
  • 10 new highs and up 36.82% in the last month
  • Relative Strength Index 88.27%
  • Technical support level at 63.28
  • Recently traded at 64.96 with a 50 day moving average of 48.22
Fundamental factors:
  • Market Cap $7.49 billion
  • P/E 33.52
  • Revenue expected to grow 5.40% this year and another 4.10% next year
  • Earnings estimated to increase 13.30% this year, an additional 6.20% next year and continue to compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 1 strong buy and 2 hold recommendations  on the stock

Wednesday, August 16, 2017

Weight Watchers - Chart of the Day

Weight Watchers International (WTW) is the Barchart Chart of the Day.  The weight control company has a Trend Spotter buy signal, a Weighted Alpha of 331.88+ and gained 318.98% in the last year.

The Chart of the Day belongs to Weight Watchers International (WTW).  I found the weight control by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha, then for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 8/7 the stock gained 9.83%.

Weight Watchers International, Inc. is the largest provider of weight control programs in the world. The core of their business is weekly meetings, in which they present their scientifically designed program, incorporating group support and education about healthy eating patterns, behavior modification and physical activity.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 32.71% in the last month
  • Relative Strength Index 73.09%
  • Technical support level at 48.06
  • Recently traded at 47.41 with a 50 day moving average of 35.61
Fundamental factors:
  • Market Cap $3.11 billion
  • P/E 35.06
  • Revenue expected to grow 11.30% this year and another 6.50% next year
  • Earnings estimated to increase 41.70% this year, an additional 22.60% next year and continue to compound at an annual rate of 15.60% for the next 5 years
  • Wall Street analysts issued 1 buy and 1 hold recommendation on the stock

Tuesday, August 15, 2017

CryoPort - Chart of the Day

CryoPort (CYRX) is the Barchart Chart of the Day.  The specialty shipping company has a Trend Spotter buy signal, a Weighted Alpha of 430.32+ and gained 279.50% in the last year.

The Chart of the Day belongs to CryoPort (CYRX).  I found the specialty shipping stock by using Barchart to sort today's Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 5/10 the stock gained 174.75%.

CryoPort, Inc. operates as a provider of shipping solutions comprising cold chain frozen shipping system for transporting biological, environmental and other temperature sensitive materials at temperatures below minus 150' Celsius. Its products include CryoPort Express Shippers, cryogenic dry vapor shippers capable of maintaining cryogenic temperatures; biological material holders for the shipment of infectious or dangerous goods; CryoPort Express System to programmatically manage order entry and various aspects of shipping operations; and CryoPort Express Analytics, to monitor shipment performance metrics and to evaluate temperature-monitoring data collected by the data logger during shipment. The Company's products find their application in the transportation of live cell pharmaceutical products, such as cancer vaccines, diagnostic materials, semen and embryos, and infectious substances. CryoPort, Inc. is based in Lake Forest, California.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 32.92% in the last month
  • Relative Strength Index 76.14%
  • Technical support level at 7.14
  • Recently traded at 7.59 with a 50 day moving average of 5.52
Fundamental factors:
  • Market Cap $182 million
  • Revenue expected to grow 94.90% next year
  • Wall Street analysts issued 2 strong buy and 1 buy recommendation on the stock

5 Mid Cap Picks

Today I wanted to find 5 Mid Cap Stocks with current momentum, so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signal s of 80% or more.  Today's Watch List includes:

Take-Two International (TTWO), Cognex (CGNX), IPG Photonics (IPGP), Aaron's (AAN), and NVR Inc. (NVR)

Take-Two International (TTWO)


Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 18.79% in the last month
  • Relative Strength Index 69.48%
  • Technical support level at 90.93
  • Recently traded at 90.55 with a 50 day moving average of 78.50
Cognex (CGNX)


Barchart technical  indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 16.43% in the last month
  • Relative Strength Index 65.72%
  • Technical support level at 103.08
  • Recently traded at 104.17 with a 50 day moving average of 93.51


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 8.52% in the last month
  • Relative Strength Index 68.43%
  • Technical support level at 165.60
  • Recently traded at 168.74 with a 50 day moving average of 151.47
Aaron's (AAN)


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 19.89% in the last month
  • Relative Strength Index 63.27%
  • Technical support level at 45.24
  • Recently traded at 45.19 with a 50 day moving average of 40.78
NVR Inc (NVR)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 8.16% in the last month
  • Relative Strength Index 64.19%
  • Technical support level at 2713.63
  • Recently traded at 2735.00 with a 50 day moving averages of 2533.32

Morning Call 8/15

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Sep E-mini S&Ps (ESU17 +0.26%) this morning are up +0.20% and European stocks are up +0.40% as tensions between the U.S. and North Korea wane, which is fueling gains in global equity markets. The VIX volatility index fell for a third day and Dec COMEX gold prices (GCZ17 -0.81%) declined -0.81% on reduced safe-haven demand after a North Korean media report signaled that North Korean President Kim Jong Un had decided not to launch missiles toward Guam. Gains in European stocks were contained after German Q2 GDP expanded at a slower than expected pace, while weakness in energy stocks limited the upside in U.S. markets as Sep WTI crude oil (CLU17 -0.46%) slid -0.38% to a 3-week low. GBP/USD fell -0.69% to a 1-month low on weaker-than-expected UK Jul CPI, which may keep the BOE from tapering its QE program. Asian stocks settled mostly higher: Japan +1.11%, Hong Kong -0.28%, China +0.43%, Taiwan +0.84%, Australia +0.47%, Singapore -0.42%, South Korea and India closed for holiday. Chinese stocks also found support on stronger-than-expected China Jul aggregate financing, the broadest measure of credit, and Japanese exporters led gains in the Nikkei Stock Index as USD/JPY rose for a second day.
The dollar index (DXY00 +0.36%) is up +0.34%. EUR/USD (^EURUSD) is down -0.21%. USD/JPY (^USDJPY) is up +0.71%.
Sep 10-year T-note prices (ZNU17 -0.22%) are down -9 ticks.
German Q2 GDP rose +0.6% q/q, weaker than expectations of +0.7% q/q.
UK Jul CPI of -0.1% m/m and +2.6% y/y was weaker than expectations of unch m/m and +2.7% y/y. Jul core CPI rose +2.4% y/y, weaker than expectations of +2.5% y/y.
China Jul new yuan loans rose 825.5 billion yuan, stronger than expectations of +800.0 billion yuan. Jul aggregate financing increased by 1.22 trillion yuan, stronger than expectations of 1.00 trillion yuan.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) Jul import price index (expected +0.1% m/m, Jun -0.2% and +0.1% ex-petroleum), Jul export price index (expected +0.2% m/m, Jun -0.2% m/m and +0.6% y/y), (2) Aug Empire manufacturing survey general business conditions (expected +0.2 to 10.0, Jul -10.0 to 9.8), (3) Jul retail sales (expected +0.3% and +0.4% ex autos, Jun -0.2% and -0.2% ex autos), (4) Aug NAHB housing market index (expected unch at 64, Jul -2 to 64), (5) Jun business inventories (expected +0.4%, May +0.3%).
Notable Russell 1000 earnings reports today include: Advance Auto Parts (consensus $1.65), Coach $0.50, TJX Cos $0.84, Home Depot $2.21, Dick's Sporting Goods $1.00, Brighthouse Financial $2.43, Agilent Technologies $0.52, Urban Outfitters $0.37, Jack Henry & Associates $0.83.
U.S. IPO's scheduled to price today: Capitol Investment Co.
Equity conferences this week: D. A. Davidson & Co Technology Forum on Tue, Nomura Holdings Inc Instinet Media Telecom Conference on Tue, Citi Insurance & Asset Managers Forum on Wed, Barclays Kohler Conference on Wed, Wedbush Pacgrow Health Care Conference on Wed.
OVERNIGHT U.S. STOCK MOVERS
Home Depot (HD -0.40%) rose nearly 2% in pre-market trading after it reported Q2 EPS of $2.25, better than consensus of $2.21, and then raised guidance on full-year EPS to $7.29 from a prior view of $7.15.
American Eagle Outfitters (AEO -2.32%) was upgraded to 'Buy' from 'Market Perform' at FBR Capital Markets with a 12-month target price of $13.
NetApp (NTAP +1.30%) was upgraded to 'Buy' from 'Neutral' at Longbow Research with a 12-month target price of $50.
Wynn Resorts Ltd (WYNN +2.03%) was upgraded to 'Buy' from 'Hold' at Deutsche Bank.
Targa Resources (TRGP -1.31%) was upgraded to 'Buy' from 'Neutral' at Guggenheim Securities with a 12-month target price of $50.
Synchrony Financial (SYF +1.51%) climbed nearly 5% in after-hours trading after Berkshire Hathaway reported that it increased its stake in SYF to $520 million in Q2.
FibroGen (FGEN +5.76%) lost over 2% in after-hours trading after it announced that it intends to offer and sell up to $300 million of its common stock in an underwritten follow-on offering.
Allscripts Healthcare Solutions (MDRX +0.47%) gained 1% in after-hours trading after it was upgraded to 'Overweight' from 'Neutral' at Cantor Fitzgerald with a price target of $17.
Omeros (OMER +4.95%) dropped nearly 5% in after-hours trading after it filed to sell 3 million shares of its common stock in a secondary public offering.
Pandora Media (P -0.12%) rose 4% in after-hours trading after it named Sling TV CEO Roger Lynch as CEO and board member effective September 18.
Extreme Networks (EXTR +8.00%) jumped 10% in after-hours trading after it reported Q4 adjusted EPS of 17 cents, above consensus of 15 cents.
Photronics (PLAB +3.68%) plunged 16% in after-hours trading after it reported Q3 revenue of $111.6 million, below consensus of $115.2 million, and then said it sees Q4 revenue of $108 million-$116 million, weaker than expectations of $124.2 million.
MARKET COMMENTS
Sep S&P 500 E-mini stock futures (ESU17 +0.26%) this morning are up +5.00 points (+0.20%). Monday's closes: S&P 500 +1.00, Dow Jones +0.62%, Nasdaq +1.31%. The S&P 500 on Monday closed sharply higher on reduced market volatility after the VIX volatility index plunged when North Korean geopolitical risks subsided. Another supportive factor was signs of strength in the Japanese economy that benefits global growth after Japan Q2 GDP rose +4.0% (q/q annualized), stronger than expectations of +2.5% (q/q annualized) and the fastest pace of growth in over 2-years. A bearish factor was weakness in energy producers after crude oil prices fell -2.52%.
Sep 10-year T-note prices (ZNU17 -0.22%) this morning are down -9 ticks. Monday's closes: TYU7 -8.50, FVU7 -4.75. Sep 10-year T-notes on Monday closed lower on reduced safe-haven demand for T-notes as the stock market rallied sharply after North Korean tensions eased, and on signs of stronger global economic growth that may prompt the Fed to raise interest rates and the BOJ to taper QE after Japan Q2 GDP expanded at a +4.0% (q/q annualized) pace, the fastest pace of growth in over 2-years.
The dollar index (DXY00 +0.36%) this morning is up +0.318 (+0.34%). EUR/USD (^EURUSD) is down -0.0025 (-0.21%) and USD/JPY (^USDJPY) is up +0.78 (+0.71%). Monday's closes: Dollar Index +0.342 (+0.37%), EUR/USD -0.0041 (-0.35%), USD/JPY +0.44 (+0.40%). The dollar index on Monday closed higher due to weakness in EUR/USD after Eurozone Jun industrial production fell -0.6% m/m, the biggest decline in 6 months, and on the increase in 10-year T-note yields, which improves the dollar's interest rate differentials.
Sep crude oil (CLU17 -0.46%) this morning is down -18 cents (-0.38%) at a 3-week low. Sep gasoline (RBU17 -0.15%) is unch. Monday's closes: Sep WTI crude -1.23 (-2.52%), Sep gasoline -0.0363 (-2.25%). Sep crude oil and gasoline on Monday fell to 2-1/2 week lows and closed lower due to a stronger dollar, and slack Chinese crude demand after China Jul crude processing fell -4.4% to 10.76 million bpd, the smallest amount of crude processed in 10-months. Another bearish factor was negative carry-over from Friday's data from Baker Hughes that showed U.S. active oil rigs in the week ended Aug 11 rose +3 to 768, the most in 2-1/3 years.
GLOBAL EVENT CALENDAR08/15/2017
Tuesday, Aug 15
US0830 ETJul import price index expected +0.1% m/m, Jun -0.2% and +0.1% ex-petroleum. Jul export price index expected +0.2% m/m, Jun -0.2% m/m and +0.6% y/y.
0830 ETAug Empire manufacturing survey general business conditions expected +0.2 to 10.0, Jul -10.0 to 9.8.
0830 ETJul retail sales expected +0.3% and +0.4% ex autos, Jun -0.2% and -0.2% ex autos.
1000 ETAug NAHB housing market index expected unch at 64, Jul -2 to 64.
1000 ETJun business inventories expected +0.4%, May +0.3%.
Wednesday, Aug 16
US0700 ETWeekly MBA mortgage applications, previous +3.0% with purchase sub-index +0.8% and refi sub-index +5.3%.
0830 ETJul housing starts expected +0.4% to 1.220 million, Jun +8.3% to 1.215 million. Jul building permits expected -2.0%to 1.250 million, Jun +9.2% to 1.275 million.
1030 ETEIA Weekly Petroleum Status Report.
1400 ETMinutes of the Jul 25-26 FOMC meeting.
U.S. STOCK CALENDAR08/15/2017

CompanyTickerTimeEvent DescriptionPeriodEstimate
Advance Auto Parts IncAAP USBef-mktQ2 2017 Earnings ReleaseQ2 171.65
Coach IncCOH USBef-mktQ4 2017 Earnings ReleaseQ4 170.495
TJX Cos Inc/TheTJX USBef-mktQ2 2018 Earnings ReleaseQ2 180.84
Home Depot Inc/TheHD US6:00Q2 2018 Earnings ReleaseQ2 182.214
Dick's Sporting Goods IncDKS US7:30Q2 2018 Earnings ReleaseQ2 180.998
Advance Auto Parts IncAAP US8:00Q2 2017 Earnings CallQ2 17
Coach IncCOH US8:30Q4 2017 Earnings CallQ4 17
Home Depot Inc/TheHD US9:00Q2 2018 Earnings CallQ2 18
Dick's Sporting Goods IncDKS US10:00Q2 2018 Earnings CallQ2 18
TJX Cos Inc/TheTJX US11:00Q2 2018 Earnings CallQ2 18
Brighthouse Financial IncBHF USQ2 2017 Earnings ReleaseQ2 172.432
Equifax IncEFX USInvestor Meeting - Los Angeles
Equifax IncEFX USInvestor Meeting - Denver
Agilent Technologies IncA US16:00Q3 2017 Earnings ReleaseQ3 170.522
Urban Outfitters IncURBN US16:05Q2 2018 Earnings ReleaseQ2 180.367
Jack Henry & Associates IncJKHY US16:15Q4 2017 Earnings ReleaseQ4 170.83
Agilent Technologies IncA US16:30Q3 2017 Earnings CallQ3 17
Urban Outfitters IncURBN US17:00Q2 2018 Earnings CallQ2 18

Monday, August 14, 2017

Sanderson Farms - Chart of the Day

Sanderson Farms (SAFM) is the Barchart Chart of the Day.  The vertically integrated  poultry company has a Trend Spotter buy signal, a Weighted Alpha of 66.24+ and gained 58.47% in the last year.

The Chart of the Day belongs to Sanderson Farms (SAFM).  I found the vertically integrated poultry stock by using Barchart to sort today's All Time High list first by the mots frequent number of new highs in the last month then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 7/26 the stock gained 124.45%.

Sanderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 22.01% in the last month
  • Relative Strength Index 80.99%
  • Technical support level at 138.86
  • Recently traded at 142.29 with a 50 day moving average of 124.45
Fundamental factors:
  • Market Cap $3.19 billion
  • P/E 14.16
  • Dividend yield .70%
  • Revenue expected to grow 15.90% this year and another 4.70% next year
  • Earnings estimated to increase 30.70% this year and continue to compound at an annual rate of 10.05 for the next 5 years
  • Wall Street analysts issued 3 strong buy, 2 hold and 1 sell recommendation on the stock

Friday, August 4, 2017

Kemet - Chart of the Day

Kemet (KEM) is the Barchart Chart of the Day.  The capacitor manufacturer has a Trend Spotter buy signal, a Weighted Alpha of 363.08+ and gained 420.65% in the last year.

The Chart of the Day belongs Kemet (KEM).  I found the capacitor manufacturer by using Barchart to sort the Russell 3000 Index stocks first by the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 7/11 the stock gained 20.45%.

Kemet Corporation and its subsidiaries is the world's largest manufacturer of solid tantalum capacitors and and one of the world's largest manufacturer of multilayer ceramic capacitors. According to industry sources, tantalum and ceramic capacitors are the two fastest growing sectors of the United States capacitor industry. Capacitors are electronic components that store, filter and regulate electrical energy and current flow and are one of the essential passive components used on circuit boards.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter by signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 39.20% in the last month
  • Relative Strength Index 67.21%
  • Technical support level at 16.44
  • Recently traded at 17.61 with a 50 day moving average of 14.72
Fundamental factors:
  • Market Cap $802 million
  • P/E 25.71
  • Revenue expected to grow 53.30% this year and another 3.30% next year
  • Earnings estimated to increase 265.10% this year, an additional 4.50% next year and continue to compound at an annual rate of 12.00% for the next 5 years
  • Wall Street analysts issued 1 strong buy and 1 hold recommendation on the stock

Thursday, August 3, 2017

BioLife Solutions - Chart of the Day

BioLife Solutions (BLFS) is the Barchart Chart of the Day.  The biomedical company has a Trend Spotter buy signal, a Weighted Alpha of 149.59+ and gained 114.81% in the last year.

The Chart of the Day belongs to BioLife Solutions (BLFS). I found the biomedical stock by using Barchart to sort today's Top Stocks to Own list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 5/5 the stock gained 83.33%.

BioLife Solutions has pioneered the next generation of preservation solutions designed to maintain the viability and health of cellular matter and tissues during freezing, transportation and storage. Based on their proprietary bio-packaging technology and a patented understanding of the mechanism of cellular damage and death, these products enable the biotechnology and medical community to address a growing problem that exists today.


The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 48.40% in the last month
  • Relative Strength index 78.66%
  • Technical support level at 3.55
  • Recently traded at 3.86 with a 50 day moving average of 2.74
Fundamental factors:
  • Market Cap $48.38 million
  • Revenue expected to grow 5.40% this year and another 4.20% next year
  • Earnings estimated to increase 13.30% this year, and additional 6.20% next year and continue to compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy recommendations on the stock

Morning Call 8/3

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Sep E-mini S&Ps (ESU17 -0.03%) this morning are down -0.06% as the market consolidates this week's gains. European stocks recovered from a 1-week low and are up +0.13% on stronger-than-expected Eurozone Jun retail sales and on an upbeat economic bulletin from the ECB that points to "broad-based growth in the Eurozone in the near term." As expected, the BOE voted 6-2 to keep its benchmark rate at 0.25% and voted 8-0 to maintain its asset-purchase target at 435 billion pounds following today's policy meeting. However, GBP/USD fell back from a 10-1/2 month high and is down -0.41% after the BOE cut its UK 2017 GDP forecast to 1.7% from a prior forecast of 1.9% and lowered its UK 2018 GDP estimate to 1.6% from 1.7%. Asian stocks settled lower: Japan -0.25%, Hong Kong -0.28%, China -0.37%, Taiwan -0.47%, Australia -0.16%, Singapore -0.18%, South Korea -1.70%, India -0.74%.
The dollar index (DXY00 +0.11%) is up +0.15%. EUR/USD (^EURUSD) is down -0.13%. USD/JPY (^USDJPY) is down -0.14%.
Sep 10-year T-note prices (ZNU17 +0.10%) are little changed, up +0.5 of a tick.
The ECB said in its monthly economic bulletin that "incoming data, notably survey results, continue to point to solid, broad-based growth in the Eurozone in the near term."
Eurozone Jun retail sales rose +0.5% m/m and +3.1% y/y, stronger than expectations of unch m/m and +2.5% y/y, with the +3.1% y/y gain the largest year-on-year increase in 23-months.
The UK Jul Markit/CIPS services PMI rose +0.4 to 53.8, stronger than expectations of +0.2 to 53.6.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) Jul Challenger job cuts (Jun -19.3% y/y), (2) weekly initial unemployment claims (expected -2,000 to 242,000, previous +10,000 to 244,000) and continuing claims (expected -6,000 to 1.958 million, previous -13,000 to 1.964 million), (3) final-Jul Markit U.S. services PMI (expected unch at 54.2, prelim-Jul unch at 54.2), (4) Jul ISM non-manufacturing (expected -0.5 to 56.9, Jun +0.5 to 57.4), (5) Jun factory orders (expected +3.0%, May -0.8% and -0.3% ex transportation), (6) USDA weekly Export Sales.
Notable S&P 500 earnings reports today include: Kellogg (consensus $0.92), Apache (-0.01), NRG Energy (0.05), Church & Dwight (0.39), Fluor (0.60), Yum Brands (0.62), ICE (0.76), Global Payments (0.92), Kraft Heinz (0.95), Duke Energy (1.01), Motorola Solutions (1.04), Viacom (1.05), Stericycle (1.13), Clorox (1.49), Aetna (2.34), Regeneron (3.17).
U.S. IPO's scheduled to price today: Clementia Pharmaceuticals (CMTA), Venator Materials (VNTR).
Equity conferences this week: UBS Transport Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS
  • Prudential Financial (PRU +0.73%) lost 2% in after-hours trading after it reported Q2 adjusted operating EPS of $2.09, well below consensus of $2.70.
  • Wyndham Worldwide (WYN -2.19%) rose 5% in after-hours trading after it said it will split up into two separate businesses, a hotel operation called Wyndham Hotel Group and a timeshare business called Wyndham Vacation.
  • Oshkosh (OSK +5.36%) was upgraded to 'Buy' from 'Hold' at Drexel Hamilton LLC with a 12-month target price of $83.
  • American International Group (AIG +0.64%) gained almost 2% in after-hours trading after it reported Q2 operating EPS of $1.53, higher than consensus of $1.20.
  • Hologic (HOLX -0.75%) slid nearly 5% in after-hours trading after it said it sees full-year revenue of $3.04 billion-$3.06 billion, below consensus of $3.07 billion.
  • Central Garden & Pet Co (CENT -2.30%) jumped 12% in after-hours trading after it reported Q3 EPS of 62 cents, above consensus of 51 cents, and then said it now sees fiscal 2017 adjusted EPS of at least $1.44, above a May 3 estimate of at least $1.37.
  • Molina Healthcare (MOH -0.99%) dropped over 7% in after-hours trading after it said it will stop selling Obamacare plans in Utah and Wisconsin in 2018 and will reduce its presence in Washington as it cuts 10% of its workforce, or 1,500 jobs by year-end amid restructuring efforts.
  • Take-Two Interactive Software (TTWO -0.68%) rallied 13% in after-hours trading after it reported Q1 adjusted EPS of 41 cents, well above consensus of 19 cents, and then raised guidance on fiscal 2018 adjusted EPS to $1.95-$2.16 from a May 23 view of $1.40-$1.65.
  • Sturm Ruger & Co. (RGR +0.09%) tumbled over 12% in after-hours trading after it said Q2 net sales declined -22% and Q2 EPS dropped to 57 cents from $1.22 a share y/y.
  • Trinseo (TSE +1.20%) slumped over 13% in after-hours trading after it reported Q2 adjusted EPS of $1.39, well below consensus of $1.82, and then said it sees Q3 adjusted EPS of $1.10-$1.28, weaker than consensus of $1.78.
  • SolarEdge Technologies (SEDG -1.93%) surged 20% in after-hours trading after it reported Q2 adjusted EPS of 55 cents, better than consensus of 37 cents, and then said it sees Q3 revenue of $155 million-$165 million, higher than consensus of $131.7 million.
  • Health Insurance Innovations (HIIQ +0.19%) climbed 7% in after-hours trading after it reported Q2 adjusted EPS of 46 cents, above consensus of 34 cents, and then raised guidance on full-year adjusted EPS to $1.45 -$1.55 from a prior view of $1.40-$1.50.
  • Century Aluminum (CENX +0.30%) dropped over 10% in after-hours trading after it reported Q2 adjusted EPS of 1 cent, much weaker than consensus of 22 cents.
  • Fitbit (FIT -0.20%) rose nearly 5% in after-hours trading after it reported Q2 revenue of $353.3 million. above consensus of $341.2 million.
MARKET COMMENTS
Sep S&P 500 E-mini stock futures (ESU17 -0.03%) this morning are down -1.50 points (-0.06%). Wednesday's closes: S&P 500 +0.05%, Dow Jones +0.24%, Nasdaq +0.32%. The S&P 500 on Wednesday closed slightly higher on strength in technology companies led by a 5% rally in Apple to a record high when it reported an upbeat revenue forecast and gains in energy stocks as crude oil prices rose +0.87%. A bearish factor was the comment from Cleveland Fed President Mester who said that gradual removal of accommodation is still required and that the markets can absorb a gradual balance sheet unwind by the Fed.
Sep 10-year T-note prices (ZNU17 +0.10%) this morning are up +0.5 of a tick. Wednesday's closes: TYU7 -4, FVU7 -3. Sep 10-year T-notes on Wednesday closed lower on hawkish comments from Cleveland Fed President Mester who said the markets can absorb a gradual balance sheet unwind by the Fed and supply pressures after the Treasury announced that $62 billion of T-notes and T-bonds will be auctioned next week in the Treasury's quarterly refunding.
The dollar index (DXY00 +0.11%) this morning is up +0.136 (+0.15%). EUR/USD (^EURUSD) is down -0.0016 (-0.13%) and USD/JPY (^USDJPY) is down -0.16 (-0.14%). Wednesday's closes: Dollar Index -0.207 (-0.22%), EUR/USD +0.0054 (+0.46%), USD/JPY +0.36 (+0.33%). The dollar index on Wednesday fell to a 1-1/4 year low and closed lower on technical selling and Washington political uncertainty. There was also strength in EUR/USD which climbed to 2-1/2 year high on speculation the ECB may announce as soon as next month's policy meeting that it will begin to taper its asset purchases.
Sep crude oil (CLU17 +0.34%) this morning is up +17 cents (+0.34%). Sep gasoline (RBU17 -0.13%) is down -0.0042(-0.26%). Wednesday's closes: Sep WTI crude +0.43 (+0.87%), Sep gasoline -0.0165 (-0.99%). Sep crude oil and gasoline on Wednesday settled mixed. Crude oil prices rallied on the fall in the dollar index to a 1-1/4 year low and the -2.52 million bbl decline in EIA gasoline inventories to a 7-month low, a bigger decline than expectations of -1.0 million bbl. Crude oil prices were undercut by the -1.53 million bbl draw in EIA crude supplies, less than expectations of -3.0 million bbl, and the +0.2% increase in U.S. crude production in the week of Jul 28 to 9.43 million bpd, the most in 2 years.
GLOBAL EVENT CALENDAR08/03/2017
Thursday, Aug 3
US0730 ETJul Challenger job cuts, Jun -19.3% y/y.
0830 ETWeekly initial unemployment claims expected -1,000 to 243,000, previous +10,000 to 244,000. Weekly continuing claims expected -6,000 to 1.958 million, previous -13,000 to 1.964 million.
0830 ETUSDA weekly Export Sales.
0945 ETFinal-Jul Markit U.S. services PMI expected unch at 54.2, prelim-Jul unch at 54.2.
1000 ETJul ISM non-manufacturing expected -0.5 to 56.9, Jun +0.5 to 57.4.
1000 ETJun factory orders expected +3.0%, May -0.8% and -0.3% ex transportation.
Friday, Aug 4
US0830 ETJul non-farm payrolls expected +180,000, Jun +222,000. Jul private payrolls expected +181,000, Jun +187,000. Jul manufacturing payrolls expected +5,000, Jun +1,000. Jul unemployment rate expected -0.1 to 4.3%, Jun +0.1 to 4.4%.
0830 ETJul avg hourly earnings expected +0.3% m/m and +2.4% y/y, Jun +0.2% m/m and +2.5% y/y. Jul avg weekly hours all-employees expected unch at 34.5 hours, Jun +0.1 to 34.5 hours.
0830 ETJun trade deficit expected -$44.5 billion, May -$46.5 billion.
U.S. STOCK CALENDAR08/03/2017

CompanyTickerTimeEvent DescriptionPeriodEstimate
Noble Energy IncNBL USBef-mktQ2 2017 Earnings ReleaseQ2 17(0.131)
CenterPoint Energy IncCNP USBef-mktQ2 2017 Earnings ReleaseQ2 170.219
Global Payments IncGPN USBef-mktQ2 2017 Earnings ReleaseQ2 170.92
Pinnacle West Capital CorpPNW USBef-mktQ2 2017 Earnings ReleaseQ2 171.173
Ball CorpBLL USBef-mktQ2 2017 Earnings ReleaseQ2 170.557
Allergan PLCAGN USBef-mktQ2 2017 Earnings ReleaseQ2 173.919
Willis Towers Watson PLCWLTW USBef-mktQ2 2017 Earnings ReleaseQ2 171.504
AmerisourceBergen CorpABC USBef-mktQ3 2017 Earnings ReleaseQ3 171.374
Chesapeake Energy CorpCHK USBef-mktQ2 2017 Earnings ReleaseQ2 170.144
Regeneron Pharmaceuticals IncREGN USBef-mktQ2 2017 Earnings ReleaseQ2 173.168
Becton Dickinson and CoBDX US06:00Q3 2017 Earnings ReleaseQ3 172.45
Aetna IncAET US06:00Q2 2017 Earnings ReleaseQ2 172.344
WestRock CoWRK USBef-mktQ3 2017 Earnings ReleaseQ3 170.635
Cognizant Technology Solutions CorpCTSH USBef-mktQ2 2017 Earnings ReleaseQ2 170.905
PPL CorpPPL USBef-mktQ2 2017 Earnings ReleaseQ2 170.495
DISH Network CorpDISH USBef-mktQ2 2017 Earnings ReleaseQ2 170.743
Quanta Services IncPWR USBef-mktQ2 2017 Earnings ReleaseQ2 170.529
Clorox Co/TheCLX US06:30Q4 2017 Earnings ReleaseQ4 171.492
Wyndham Worldwide CorpWYN US06:30Q2 2017 Earnings ReleaseQ2 171.495
NRG Energy IncNRG US06:45Q2 2017 Earnings ReleaseQ2 170.047
Yum! Brands IncYUM US07:00Q2 2017 Earnings ReleaseQ2 170.615
Church & Dwight Co IncCHD US07:00Q2 2017 Earnings ReleaseQ2 170.388
Apache CorpAPA US07:00Q2 2017 Earnings ReleaseQ2 17(0.013)
Duke Energy CorpDUK US07:00Q2 2017 Earnings ReleaseQ2 171.014
Viacom IncVIAB US07:00Q3 2017 Earnings ReleaseQ3 171.052
SCANA CorpSCG US07:30Q2 2017 Earnings ReleaseQ2 170.743
Intercontinental Exchange IncICE US07:30Q2 2017 Earnings ReleaseQ2 170.756
Parker-Hannifin CorpPH US07:30Q4 2017 Earnings ReleaseQ4 172.308
Global Payments IncGPN US08:00Q2 2017 Earnings CallQ2 17
Becton Dickinson and CoBDX US08:00Q3 2017 Earnings CallQ3 17
NRG Energy IncNRG US08:00Q2 2017 Earnings CallQ2 17
MetLife IncMET US08:00Q2 2017 Earnings CallQ2 17
Principal Financial Group IncPFG US08:00Roadshow - Day 2
Cognizant Technology Solutions CorpCTSH US08:00Q2 2017 Earnings CallQ2 17
Kellogg CoK US08:00Q2 2017 Earnings ReleaseQ2 170.92
Yum! Brands IncYUM US08:15Q2 2017 Earnings CallQ2 17
Allergan PLCAGN US08:30Q2 2017 Earnings CallQ2 17
AmerisourceBergen CorpABC US08:30Q3 2017 Earnings CallQ3 17
Regeneron Pharmaceuticals IncREGN US08:30Q2 2017 Earnings CallQ2 17
ANSYS IncANSS US08:30Q2 2017 Earnings CallQ2 17
Wyndham Worldwide CorpWYN US08:30Q2 2017 Earnings CallQ2 17
Aetna IncAET US08:30Q2 2017 Earnings CallQ2 17
Intercontinental Exchange IncICE US08:30Q2 2017 Earnings CallQ2 17
WestRock CoWRK US08:30Q3 2017 Earnings CallQ3 17
PPL CorpPPL US08:30Q2 2017 Earnings CallQ2 17
Concho Resources IncCXO US09:00Q2 2017 Earnings CallQ2 17
Willis Towers Watson PLCWLTW US09:00Q2 2017 Earnings CallQ2 17
Chesapeake Energy CorpCHK US09:00Q2 2017 Earnings CallQ2 17
CF Industries Holdings IncCF US09:00Q2 2017 Earnings CallQ2 17
American International Group IncAIG US09:00Q2 2017 Earnings CallQ2 17
American Water Works Co IncAWK US09:00Q2 2017 Earnings CallQ2 17
Quanta Services IncPWR US09:00Q2 2017 Earnings CallQ2 17
Williams Cos Inc/TheWMB US09:30Q2 2017 Earnings CallQ2 17
Kellogg CoK US09:30Q2 2017 Earnings CallQ2 17
CenterPoint Energy IncCNP US10:00Q2 2017 Earnings CallQ2 17
Lincoln National CorpLNC US10:00Q2 2017 Earnings CallQ2 17
Church & Dwight Co IncCHD US10:00Q2 2017 Earnings CallQ2 17
Duke Energy CorpDUK US10:00Q2 2017 Earnings CallQ2 17
Marathon Oil CorpMRO US10:00Q2 2017 Earnings CallQ2 17
Ball CorpBLL US11:00Q2 2017 Earnings CallQ2 17
Occidental Petroleum CorpOXY US11:00Q2 2017 Earnings CallQ2 17
Prudential Financial IncPRU US11:00Q2 2017 Earnings CallQ2 17
Parker-Hannifin CorpPH US11:00Q4 2017 Earnings CallQ4 17
Cincinnati Financial CorpCINF US11:00Q2 2017 Earnings CallQ2 17
Federal Realty Investment TrustFRT US11:00Q2 2017 Earnings CallQ2 17
Noble Energy IncNBL US12:00Q2 2017 Earnings CallQ2 17
Pinnacle West Capital CorpPNW US12:00Q2 2017 Earnings CallQ2 17
Michael Kors Holdings LtdKORS USAnnual General Meeting
Macerich Co/TheMAC US12:00Q2 2017 Earnings CallQ2 17
Hasbro IncHAS US12:00Investor Day
DISH Network CorpDISH US12:00Q2 2017 Earnings CallQ2 17
AvalonBay Communities IncAVB US13:00Q2 2017 Earnings CallQ2 17
Clorox Co/TheCLX US13:30Q4 2017 Earnings CallQ4 17
Apache CorpAPA US14:00Q2 2017 Earnings CallQ2 17
SCANA CorpSCG US15:00Q2 2017 Earnings CallQ2 17
Regency Centers CorpREG USAft-mktQ2 2017 Earnings ReleaseQ2 170.887
Stericycle IncSRCL USAft-mktQ2 2017 Earnings ReleaseQ2 171.128
Fluor CorpFLR USAft-mktQ2 2017 Earnings ReleaseQ2 170.601
Activision Blizzard IncATVI USAft-mktQ2 2017 Earnings ReleaseQ2 170.304
Western Union Co/TheWU US16:00Q2 2017 Earnings ReleaseQ2 170.417
Kraft Heinz Co/TheKHC USAft-mktQ2 2017 Earnings ReleaseQ2 170.949
PerkinElmer IncPKI USAft-mktQ2 2017 Earnings ReleaseQ2 170.669
Motorola Solutions IncMSI USAft-mktQ2 2017 Earnings ReleaseQ2 171.037
Microchip Technology IncMCHP USAft-mktQ1 2018 Earnings ReleaseQ1 181.235
Consolidated Edison IncED USAft-mktQ2 2017 Earnings ReleaseQ2 170.618
Alliant Energy CorpLNT USAft-mktQ2 2017 Earnings ReleaseQ2 170.381
Activision Blizzard IncATVI US16:30Q2 2017 Earnings CallQ2 17
Western Union Co/TheWU US16:30Q2 2017 Earnings CallQ2 17
Viacom IncVIAB US16:30Q3 2017 Earnings CallQ3 17
Stericycle IncSRCL US17:00Q2 2017 Earnings CallQ2 17
Kraft Heinz Co/TheKHC US17:00Q2 2017 Earnings CallQ2 17
PerkinElmer IncPKI US17:00Q2 2017 Earnings CallQ2 17
Motorola Solutions IncMSI US17:00Q2 2017 Earnings CallQ2 17
Microchip Technology IncMCHP US17:00Q1 2018 Earnings CallQ1 18
Electronic Arts IncEA US17:00Annual General Meeting
Fluor CorpFLR US17:30Q2 2017 Earnings CallQ2 17