Thursday, December 8, 2016

KMG Chemical - Chart of the Day

KMG Chemicals (KMG) is the Barchart Chart of the Day.  The specialty chemical company has a Trend Spotter buy signal, a Weighted Alpha of 56.07+ and gained 81.25% in the last year.

The Chart of the Day belongs to KMG Chemical (KMG).  I found the specialty chemical stock by using Barhchart to sort today's All Time High list first for the most frequent number of new hings in the last month, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/11 the stock gained 12.44%.

KMG Chemicals manufactures, markets and distributes specialty, niche chemicals. The company manufactures, markets and distributes three wood preserving chemicals, pentachlorophenol, creosote and sodium pentachlorophenate, to industrial customers engaged in the wood preserving business. The company's customers use these preservatives to treat wood and supply the treated wood products to end-users in a variety of industries, principally the railroad, utility and construction industries.


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
  • 18 new highs and up 25.32% in the last month
  • Relative Strength Index 81.25%
  • Technical support level at 34.21
  • Recently traded at 34.79 with a 50 day moving average of 29.94
Fundamental factors:
  • Market Cap $404 million
  • P/E 21.32
  • Dividend yield .35%
  • Revenue expected to grow 2.10% this year and another 3.20% next year
  • Earnings estimated to increase 9.90% this year, an additional 11.30% next year and continue to increase at an annual rate of 17.00% for he next 5 years
  • Wall Street analysts issued 2 strong buy recommendations on the stock

Morning Call 12/8

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Dec E-mini S&Ps (ESZ16 +0.10%) are up +0.02% and European stocks are up +0.30% at an 11-month high as the markets expect the ECB later today to announce an extension of its QE program. Government bond prices fell and EUR/USD (^EURUSD) rose to a 3-week high on speculation the ECB may also announce a slower pace of asset purchases and that this will be the last extension of QE before the ECB starts to taper its bond buying. The weaker dollar has boosted crude oil prices with Jan WTI crude (CLF17 +0.86%) up +0.78%, which has also lifted energy producing stocks. Stock markets around the world also rose on signs of economic strength in China after China Nov exports unexpectedly rose for the first time in 8 months and after China imports posted their largest increase in 2 years. Asian stocks settled mostly higher: Japan +1.45%, Hong Kong +0.27%, China -0.21%, Taiwan +1.21%, Australia +1.20%, Singapore -0.03%, South Korea +2.21%, India +1.74%. Japan's Nikkei Stock Index climbed to an 11-month high as strength in Chinese Nov imports boosted exporter stocks.
The dollar index (DXY00 -0.34%) is down -0.28% at a 3-week low. EUR/USD (^EURUSD) is up +0.31% at a 3-week high. USD/JPY (^USDJPY) is down -0.29%.
Mar 10-year T-note prices (ZNH17 -0.18%) are down -7 ticks.
China Nov exports unexpectedly rose +0.1% y/y, stronger than expectations of -5.0% y/y and the first increase in 8 months. Nov imports unexpectedly rose +6.7% y/y, stronger than expectations of -1.9% y/y and the biggest increase in 2 years.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly initial unemployment claims (expected -13,000 to 255,000, previous +17,000 to 268,000) and continuing claims (expected -33,000 to 2.048 million, previous +38,000 to 2.081 million), (2) USDA weekly Export Sales.
Russell 1000 earnings reports today include: Toro (consensus $0.22), Cooper Cos (2.25), Broadcom (3.36).
U.S. IPO's scheduled to price today: Ichor Holdings (ICHR), Athene Holding (ATH).
Equity conferences during the remainder of this week include: Citi Global Health Care Conference on Wed-Thu, Barclays Global Technology, Media and Telecommunications Conference on Wed-Thu, Bernstein Consumer Summit on Wed-Thu, Capital One Southcoast Energy Conference on Wed-Thu, ACI European Biopolymer Summit on Thu.
OVERNIGHT U.S. STOCK MOVERS
L-3 Communications Holdings (LLL +1.96%) was downgraded to 'Neutral' from 'Buy' at Bank of America/Merrill Lynch with a price target of $170.
Priceline.com (PCLN +1.48%) was rated a new 'Buy' at CLSA with a price target of $1,900.
Tailored Brands (TLRD +3.39%) was upgraded to 'Buy' from 'Neutral' at Mizuho Securities with a 12-month target price of $25.
Lululemon Athletica (LULU +4.54%) surged 13% in after-hours trading after it reported Q3 adjusted EPS of 47 cents, higher than consensus of 43 cents, and then said its board approved up to $100 million in stock repurchases.
Ollie's Bargain Outlet Holdings (OLLI +1.11%) fell over 2% in after-hours trading after it reported Q3 comparable store sales rose +1.8%, below consensus of +2.1%.
Corning (GLW +2.46%) gained over 1% in after-hours trading after it announced a new $4 billion share repurchase program.
United Natural Foods (UNFI +0.88%) slid over 2% in after-hours trading after it reported Q1 EPS of 58 cents, below consensus of 62 cents.
Verint Systems (VRNT +0.26%) tumbled over 12% in after-hours trading after it reported Q3 adjusted EPS of 59 cents, weaker than consensus of 70 cents, and then lowered guidance on fiscal 2017 adjusted EPS to $2.50, below a September 7 view of $2.85.
Comtech (CMTL +6.43%) dropped 7% in after-hours trading after it reported Q1 revenue of $135.8 million, below consensus of $139.2 million, and then cut its quarterly dividend to 10 cents a share from 30 cents a share.
H&R Block (HRB +2.86%) jumped nearly 6% in after-hours trading after it reported Q2 revenue of $131.3 million, higher than consensus of $127 million.
Casey's General Stores (CASY +0.93%) fell over 2% in after-hours trading after it reported Q2 EPS of $1.44, below consensus of $1.57.
Voyager Therapeutics (VYGR -1.93%) surged over 30% in after-hours trading after it announced positive results on its phase 1b trial of its VY-AADC01 gene therapy that showed improved measures of motor function in in patients with advanced Parkinson's disease.
MARKET COMMENTS
Dec E-mini S&Ps (ESZ16 +0.10%) this morning are up +0.50 of a point (+0.02%). Wednesday's closes: S&P 500 +1.32%, Dow Jones +1.55%, Nasdaq +1.32%. The S&P 500 on Wednesday pushed up to a new record high and closed higher on carry-over support from a rally in European stocks to a 7-1/4 month high on expectations that the ECB on Thursday will extend QE past March 2017. Stocks were also boosted by reduced interest rate concerns as the 10-year T-note yield fell -4 bp.
Mar 10-year T-notes (ZNH17 -0.18%) this morning are down -7 ticks. Wednesday's closes: TYH7 +11.00, FVH7 +7.00. Mar 10-year T-notes on Wednesday closed higher on the -2.28% slide in crude oil prices, which undercut inflation expectations. T-notes were also boosted by carry-over support from a rally in German bunds ahead of Thursday's ECB meeting.
The dollar index (DXY00 -0.34%) this morning is down -0.284 (-0.28%) at a 3-week low. EUR/USD (^EURUSD) is up +0.0033 (+0.31%) at a 3-week high. USD/JPY (^USDJPY) is down -0.33 (-0.29%). Wednesday's closes: Dollar index -0.260 (-0.26%), EUR/USD +0.0035 (+0.33%), USD/JPY -0.25 (-0.22%). The dollar index on Wednesday closed lower on a -4 bp decline in the 10-year T-note yield, which reduced the dollar's interest rate differentials. In addition, there was strength in EUR/USD on short-covering ahead of Thursday's ECB meeting.
Jan WTI crude oil prices (CLF17 +0.86%) this morning are up +39 cents (+0.78%) and Jan gasoline (RBF17 -0.20%) is -0.0038 (-0.25%). Wednesday's closes: Jan crude -1.16 (-2.28%), Jan gasoline -0.0291 (-1.89%). Jan crude oil and gasoline on Wednesday closed lower on the +3.783 million bbl increase in crude stockpiles at Cushing to a 5-1/2 month high and on the +3.425 million bbl increase in weekly EIA gasoline supplies, a larger increase than expectations of +1.6 million bbl.
GLOBAL EVENT CALENDAR12/08/2016
Thursday, Dec 8
US0830 ETWeekly initial unemployment claims expected -13,000 to 255,000, previous +17,000 to 268,000. Weekly continuing claims expected -33,000 to 2.048 million, previous +38,000 to 2.081 million.
0830 ETUSDA weekly Export Sales.
1100 ETTreasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $23 billion) and 30-year T-bonds (previous $15 billion) to be auctioned Dec 12-13.
Friday, Dec 9
US1000 ETRevised Oct wholesale inventories expected -0.4%, prelim-Oct -0.4%. Oct wholesale trade sales expected +0.7% m/m, Sep +0.2%.
1000 ETPreliminary-Dec University of Michigan U.S. consumer sentiment index expected +0.7 to 94.5, Nov +6.6 to 93.8.
1200 ETUSDA WASDE Dec crop production.
U.S. STOCK CALENDAR12/08/2016
CompanyTickerTimeEvent DescriptionPeriodEstimate
Dell Technologies Inc Class VDVMT USBef-mktQ3 2017 Earnings ReleaseQ3 2017
Toro Co/TheTTC US7:30Q4 2016 Earnings ReleaseQ4 20160.216
Principal Financial Group IncPFG US8:00RoadshowY 2016
Hilton Worldwide Holdings IncHLT US8:00Investor DayY 2016
Nielsen Holdings PLCNLSN US8:00Analyst DayY 2016
Dell Technologies Inc Class VDVMT US8:00Q3 2017 Earnings CallQ3 2017
CMS Energy CorpCMS US8:30Investor Meeting
UGI CorpUGI US8:30Investor DayY 2016
Verisk Analytics IncVRSK US8:30Investor DayY 2016
Baker Hughes IncBHI US9:00Investor MeetingY 2016
General Electric CoGE US9:00Investor MeetingY 2016
Edwards Lifesciences CorpEW US9:00Investor MeetingY 2016
Casey's General Stores IncCASY US10:30Q2 2017 Earnings CallQ2 2017
Toro Co/TheTTC US11:00Q4 2016 Earnings CallQ4 2016
Palo Alto Networks IncPANW US13:00Annual General Meeting
Cooper Cos Inc/TheCOO US16:15Q4 2016 Earnings ReleaseQ4 20162.248
Cooper Cos Inc/TheCOO US17:00Q4 2016 Earnings CallQ4 2016
Broadcom LtdAVGO US17:00Q4 2016 Earnings CallQ4 2016
Broadcom LtdAVGO USAft-mktQ4 2016 Earnings ReleaseQ4 20163.358
American Airlines Group IncAAL USNovember 2016 Sales and Revenue Release - Traffic Results2016
Vail Resorts IncMTN USAnnual General Meeting
TD Ameritrade Holding CorpAMTD USNovember 2016 Sales and Revenue Release2016
Spirit Airlines IncSAVE USNovember 2016 Sales and Revenue Release - Traffic Results2016
Alere IncALR USAnnual General Meeting
United Continental Holdings IncUAL USNovember 2016 Sales and Revenue Release - Traffic Results2016

Wednesday, December 7, 2016

Codorus Valley Bancorp - Chart of the Day

Codorus Valley Bancorp (CVLY) is the Barchart Chart of the Day.  The Northeast savings bank has a Trend Spotter buy signal, a Weighted Alpha of 56.48+ and gained 40.24% in the last year.

The Chart of the Day belongs to Codorus Valley Bancorp (CVLY).  I found the saving bank by using Barchart to sort today's All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/16 the stock gained 30.90%.

Codorus Valley Bancorp, Inc., INC. is a bank holding company engaged in general banking business in the Northeast, US.


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
  • 20 new highs and up 41.49% in the last month
  • Relative Strength Index 92.42%
  • Technical support level at 27.24
  • Recently traded at 28.51 with a 50 day moving average of 22.09
Fundamental factors:
  • Market Cap $226 million
  • P/E 18.26
  • Dividend yield 1.93%
  • At the present time none of the Wall Street analysts are following this stock
  • Of the 3 readers of Motley Fool giving an opinion on this stock all 3 vote for it to beat the market

5 NASDAQ 100 stocks for Momentum Investors

Today I wanted to find the 5 NASDAQ 100 Index stocks that had the most consistent momentum so I used Barchart to sort the NASDAQ 100 Index stocks first by the most frequent number of new highs in the last month. then again for technical buy signals of 80% or better.

Today's Watch List includes:  Starbucks (SBUX), Paccar (PCAR), T-Mobile US (TMUS), Applied Materials (AMAT) and American Airlines (AAL).

Starbucks (SBUX)


Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 7.29% in the last month
  • Relative Strength Index 67.30%
  • Technical support level at 57.15
  • Recently traded at 58.50 with a 50 day moving average of 54.60
Paccar (PCAR)


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 2061% in the last month
  • Relative Strength Index 76.98%
  • Technical support level at 63.81
  • Recently traded at 67.37 with a 50 day moving average of 58.67
T-Mobile US (TMUS)


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 15.19% in the last month
  • Relative Strength Index 78.90%
  • Technical support level at 54.78
  • Recently traded at 58.29 with a 50 day moving average of 50.31


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 9.68% in the last month
  • Relative Strength Index 62.91%
  • Technical support level at 31.27
  • Recently traded at 32.23 with a 50 day moving average of 29.69


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 15.64% in the last month
  • Relative Strength Index 73.54%
  • Technical support level at 46.05
  • Recently traded at 47.89 with a 50 day moving average of 41.59

Morning Call 12/7

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Dec E-mini S&Ps (ESZ16 +0.01%) are up +0.02% and European stocks are up +1.01% at a 7-1/4 month high on optimism the ECB will prolong QE. Expectations are for the ECB at its monthly meeting tomorrow to extend its monthly asset purchases of 80 billion euros by 6 to 9 months. Also, energy producing stocks are higher with Jan WTI crude oil (CLF17-0.55%) up +0.20% after the API reported late yesterday that U.S. oil inventories fell -2.21 million bbl last week. Market anxiety has also fallen since last month's surprise election of Donald Trump as U.S. President as the VIX volatility index dropped to a 3-1/2 month low today. Asian stocks settled mostly higher: Japan +0.74%, Hong Kong +0.55%, China +0.71%, Taiwan +0.14%, Australia +0.91%, Singapore +0.36%, South Korea +0.28%, India -0.59%. India's S&P Sensex Stock Index erased an early rally and closed down -0.59 % after the Reserve Bank of India unexpectedly kept the benchmark repurchase rate unch at 6.25% when expectations were for a -25 bp cut to 6.00%.
The dollar index (DXY00 -0.03%) is unch. EUR/USD (^EURUSD) is up +0.06%. USD/JPY (^USDJPY) is down -0.04%.
Mar 10-year T-note prices (ZNH17 +0.16%) are up +5.5 ticks.
German Oct industrial production rose +0.3% m/m and +1.2% y/y, weaker than expectations of +0.8% m/m and +1.6% y/y.
UK Oct industrial production unexpectedly fell -1.3% m/m, weaker than expectations of +0.2% m/m and the biggest decline in 4 years.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -9.4% with purchase sub-index -0.2% and refi sub-index -16.2%), (2) Oct JOLTS job openings (expected +14,000 to 5.500 million, Sep +33,000 to 5.486 million), (3) Oct consumer credit (expected +$18.3 billion, Sep +$19.292 billion), (4) EIA Weekly Petroleum Status Report.
Russell 1000 earnings reports today include: Costco (consensus $1.19), John Wiley (0.66), Brown-Forman (0.50), Casey's General Stores (1.57), H&R Block (-0.68), lululemon athletica (0.43), Orbital ATK (1.39).
U.S. IPO's scheduled to price today: Collplant Holdings (CQPTD).
Equity conferences during the remainder of this week include: UBS Global Media and Communications Conference on Mon-Wed, Goldman Sachs U.S. Financial Services Conference on Tue-Wed, Wells Fargo Pipeline, MLP and Utility Symposium on Wed, Citi Global Health Care Conference on Wed-Thu, Barclays Global Technology, Media and Telecommunications Conference on Wed-Thu, Bernstein Consumer Summit on Wed-Thu, Capital One Southcoast Energy Conference on Wed-Thu, ACI European Biopolymer Summit on Thu.
OVERNIGHT U.S. STOCK MOVERS
Discover Financial Services (DFS +1.38%) was upgraded to 'Outperform' from 'Neutral' at Wedbush with a 12-month target price of $78.
Best Buy (BBY +0.23%) was rated a new 'Buy' at Loop Capital with a price target of $58.
ABIOMED (ABMD +2.72%) was rated a new 'Buy' at Guggenheim Securities with a 12-month target price of $150.
MasterCard (MA -1.50%) gained almost 1% in after-hours trading after it boosted its quarterly dividend to 22 cents a share from 19 cents, and then approved a $4 billion stock buyback program, effective upon completion of a previous program that has $1.3 billion remaining.
Western Digital (WDC +2.83%) rallied over 5% in after-hours trading after it renewed a royalty-bearing cross licensing agreement with Samsung through 2024, and then raised guidance on Q2 adjusted EPS to $2.10-$2.15 from an October 26 view of $1.85-$1.95.
Dave & Buster's Entertainment (PLAY -1.70%) jumped 12% in after-hours trading after it reported Q3 EPS of 25 cents, well above consensus of 14 cents, and then raised guidance on fiscal 2017 comparable store sales to up +3.1%-3.6% from a prior view of +2.25%-3.25%.
Bluebird Bio (BLUE +9.42%) fell over 2% in after-hours trading after it proposed a $200 million stock offering.
HealthEquity (HQY -2.76%) dropped over 4% in after-hours trading after it reported Q3 EPS of 10 cents, below consensus of 12 cents.
AeroVironment (AVAV +2.66%) tumbled nearly 10% in after-hours trading after it reported a Q2 loss per share of -18cents, a much bigger loss than expectations of -1 cent, and then said it sees a Q3 loss per share of -34 cents to -38 cents, more than consensus of -24 cents.
Ensco PLC (ESV +4.55%) declined over 6% in after-hours trading after it started a private placement of $650 million senior notes due 2014.
Sigma Designs (SIGM +1.31%) sank over 10% in after-hours trading after it said it expects Q4 revenue of $42 million-$45 million, weaker than consensus of $57.4 million.
TerraForm Power (TERP +1.83%) slid nearly 2% in after-hours trading after it said it sees completing the rest of its 2016 filings and regaining full compliance by March.
MARKET COMMENTS
Dec E-mini S&Ps (ESZ16 +0.01%) this morning are up +0.50 of a point (+0.02%). Tuesday's closes: S&P 500 +0.34%, Dow Jones +0.18%, Nasdaq +0.22%. The S&P 500 on Tuesday closed higher on carry-over support from a rally in European stocks to a 3-week high on expectations that the ECB this Thursday will extend QE past March of next year. Stocks were also boosted by the +2.7% increase in U.S. Oct factory orders, stronger than expectations of +2.6% and the biggest increase in 16 months. Stocks were undercut by the U.S. Oct trade deficit of -$42.6 billion, which was wider than expectations of -$42.0 billion and was negative for Q4 GDP. There was also weakness in energy producer stocks as crude oil prices fell -1.70%.
Mar 10-year T-notes (ZNH17 +0.16%) this morning are up +5.5 ticks. Tuesday's closes: TYH7 unch, FVH7 +1.00. Mar 10-year T-notes on Tuesday closed little changed. T-notes were boosted by the the wider-than-expected U.S. Oct trade deficit, which was negative for Q4 GDP. T-notes were also boosted by the slide in crude oil prices, which undercut inflation expectations. T-note prices were undercut by the +2.7% increase in U.S. Oct factory orders, their biggest increase in 16 months.
The dollar index (DXY00 -0.03%) this morning is unch. EUR/USD (^EURUSD) is +0.0006 (+0.06%). USD/JPY (^USDJPY) is -0.05 (-0.04%). Tuesday's closes: Dollar index +0.400 (+0.40%), EUR/USD -0.0046 (-0.43%), USD/JPY +0.17 (+0.15%). The dollar index on Tuesday closed higher on the stronger than expected U.S. Oct factory orders report and by weakness in EUR/USD on expectations that the ECB on Thursday will announce an extension of QE beyond March of 2017.
Jan WTI crude oil prices (CLF17 -0.55%) this morning are up +10 cent s(+0.20%) and Jan gasoline (RBF17 -0.18%) is +0.0064 (+0.42%). Tuesday's closes: Jan crude -0.88 (-1.70%), Jan gasoline -0.0158 (-1.01%). Jan crude oil and gasoline on Tuesday closed lower on a stronger dollar and on news that OPEC Nov crude production rose by +200,000 bpd to a record 34.160 million bpd.
GLOBAL EVENT CALENDAR12/07/2016
Wednesday, Dec 7
US0700 ETWeekly MBA mortgage applications, previous -9.4% with purchase sub-index -0.2% and refi sub-index -16.2%.
1000 ETOct JOLTS job openings expected +14,000 to 5.500 million, Sep +33,000 to 5.486 million.
1030 ETEIA Weekly Petroleum Status Report.
1500 ETOct consumer credit expected +$18.3 billion, Sep +$19.292 billion.
Thursday, Dec 8
US0830 ETWeekly initial unemployment claims expected -13,000 to 255,000, previous +17,000 to 268,000. Weekly continuing claims expected -33,000 to 2.048 million, previous +38,000 to 2.081 million.
0830 ETUSDA weekly Export Sales.
1100 ETTreasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $23 billion) and 30-year T-bonds (previous $15 billion) to be auctioned Dec 12-13.
U.S. STOCK CALENDAR12/07/2016

CompanyTickerTimeEvent DescriptionPeriodEstimate
Brown-Forman CorpBF/B US8:00Q2 2017 Earnings ReleaseQ2 20170.498
Starbucks CorpSBUX US8:00Investor DayY 2016
Principal Financial Group IncPFG US8:00RoadshowY 2016
Xerox CorpXRX US9:00Investor ConferenceY 2016
Brown-Forman CorpBF/B US10:00Q2 2017 Earnings CallQ2 2017
Lowe's Cos IncLOW US10:00Analyst & Investor ConferenceY 2016
H&R Block IncHRB US16:30Q2 2017 Earnings CallQ2 2017
Costco Wholesale CorpCOST US17:00Q1 2017 Earnings CallQ1 2017
H&R Block IncHRB USAft-mktQ2 2017 Earnings ReleaseQ2 2017-0.675
Costco Wholesale CorpCOST USAft-mktQ1 2017 Earnings ReleaseQ1 20171.187
Baker Hughes IncBHI USNovember 2016 Sales and Revenue Release - Rig Counts2016
Equifax IncEFX USInvestor MeetingY 2016