Wednesday, July 30, 2014

American Tower - Barchart's Chart of the Day

American Tower (AMT) is the Barchart Chart of the Day.  The wireless communications infrastructure stock has a Trend Spotter buy signal, a Weighted Alpha of 37.90+ and gained 32.28% in the last year.

The Chart of the Day belongs to American Tower (AMT).  I found the stock by sorting the All Time High list for new high frequency in the last month, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 6/30 the stock is up 6.58% in the last month.

AMT is a wireless communications and broadcast infrastructure company with three operating segments. The company operates a leading network of communications towers and is the largest independent operator of broadcast towers in North America. The company provides comprehensive network development services for wireless service providers and broadcasters. The company also operates a leading teleport business, which transmits Internet, voice, data and video communications worldwide.




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.

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 6.83% in the last month
  • Relative Strength Index 75.47%
  • Barchart computes a technical support level at 91.48
  • Recently traded at 95.87 with a 50 day moving average of 90.10
Fundamental factors:
  • Market Cap $ 37.82 billion
  • Dividend yield 1.47%
  • Revenue expected to grow 0.30% this year and another 10.00% next year
  • Earnings estimated to increase 59.40% this year, an additional 26.40% next year and continue to increase at an annual rate of 21.32% for the next 5 years
  • Wall Street analysts issued 7 strong buy and 13 buy recommendations on the stock
Watch the 50 and 100 day moving averages closely and exit at the 100 day moving average.

Tuesday, July 29, 2014

Gilead Sciences - Barchart's Chart of the Day

Gilead Sciences (GILD) is the Barchart Chart of the Day.  The biopharmaceutical stock has a Trend Spotter buy signal, a Weighted Alpha of 54.20+ and gained 50.19% in the last year.

The Chart of the Day belongs to Gilead Sciences (GILD).  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.  Since the Trend Spotter signaled a buy on 6/26 the stock gained 13.28%.

GILD is an independent biopharmaceutical company that seeks to provide accelerated solutions for patients and the people who care for them. They have a broad-based focus on developing and marketing drugs to treat patients with infectious diseases, including viral infections, fungal infections and bacterial infections, and a specialized focus on cancer. They have expertise in liposomal drug delivery technology, a technology that the company uses to develop drugs that are safer, easier for patients to tolerate and more effective.

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.

Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new Hg's and up 12.00% in the last month
  • Relative Strength Index 69.94%
  • Barchart computes a technical support level at 89.24
  • Recently traded at 92.98 with a 50 day moving average of 84.32
Fundamental factors:
  • Market Cap $ 143.00 billion
  • P/E 18.80
  • Revenue expected to grow 113.10% this year and another 14.20% next year
  • Earnings estimated to increase 272.50% this year, an additional 19.20% next year and continue to increase at an annual rate of 27.25% for the next 6 years
  • Wall Street analysts issued 10 strong buy, 13 buy and 3 hold recommendations on the stock
Watch the 50 and 100 day moving averages and exit at he 100 day moving average.

The 5 Best NASDAQ 100 Stocks

Today I used Barchart to sort the NASDAQ 100 Index stocks to find the 5 with the most consistent upward momentum in the last month.  First, I sorted for new high frequency in the last month, then I used the Flipchart feature to review the charts.

Today;s list includes Bed Bath & Beyond (BBBY), Cisco Systems (CSCO), Gilead Sciences (GILD), Directv (DTV) and Automatic Data Processing (ADP):

Bed Bath & Beyond (BBBY)


Barchart technical indicators:
  • 48% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 9.95% in the last month
  • Relative Strength Index 66.80%
  • Barchart computes a technical support level at 61.70
  • Recently traded at 63.16 with a 50 day moving average of 60.61


Barchart technical indicators:

  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 4.53% in the last month
  • Relative Strength Index 59.87%
  • Barchart computes a technical support level at 25.40
  • Recently traded at 25.79 with a 50 day moving average of 25.03


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 12.00% in the last month
  • Relative Strength Index 69.94%
  • Barchart computes a technical support level at 89.24
  • Recently traded at 92.98 with a 50 day moving average of 84.32
Directv (DTV)


Barchart technical indicators:
  • 88% Barchart technically buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 2.75% in the last month
  • Relative Strength Index 61.97%
  • Barchart computes a technical support level at 85.71
  • Recently traded at 86.80 with a 50 day moving average of 84.67


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 3.80% in the last month
  • Relative Strength Index 71.82%
  • Barchart computes a technical support level at 81.64
  • Recently traded at 82.52 with a 50 day moving average of 79.72










BARCHART MORNING CALL 7/29

OVERNIGHT MARKETS AND NEWS
September E-mini S&Ps (ESU14 +0.15%) this morning are up +0.01% and European stocks are up +0.46% as optimism over Q2 corporate earnings results offsets concern about the geopolitical crisis' in Ukraine and the Middle East. Gains in European stocks were muted as the EU and the U.S. prepare new sanctions against Russia. Concern that new sanctions against Russia may slow European economic growth has fueled a rally in European government bond markets with the yield on the 10-year German bund falling to 1.119%, the lowest since Bloomberg began tracking the data in 1989. Asian stocks closed mostly higher: Japan +0.57%, Hong Kong +0.87%, China +0.32%, Taiwan -0.30%, Australia +0.20%, Singapore +0.18%, South Korea +0.93%, India closed for holiday. Japan's Nikkei Stock Index climbed to a 6-month high as exporter stocks rallied after the yen fell to a 3-week low against the dollar, which improves the earnings prospects for exporters. China's Shanghai Stock Index rose to a 7-month high as property developers rallied after the Shanghai Securities News reported that banks in Shanghai, Beijing and Guangzhou may shorten their mortgage-approval process to 1 month from 3 months, which may boost China's home sales in the second half of this year. Commodity prices are mixed. Sep crude oil (CLU14 -0.26%) is down -0.23%. Sep gasoline (RBU14 +0.45%) is up +0.44%. Aug gold (GCQ14 +0.36%) is up +0.32%. Sep copper (HGU14 -0.29%) is down -0.28%. Agriculture and livestock prices are mostly lower. The dollar index (DXY00 +0.04%) is up +0.03%. EUR/USD (^EURUSD) is down -0.03%. USD/JPY (^USDJPY) is up +0.12% at a 3-week high. Sep T-note prices (ZNU14 +0.07%) are up +4 ticks on catty-over support from a rally in European bond markets.
The Japan Jun jobless rate unexpectedly rose +0.2 to 3.7%, higher than expectations of unch at 3.5% and the highest in 5 months. The Jun job-to-applicant ratio unexpectedly rose +0.01 to 1.10, higher than expectations of unch at 1.09 and the highest in 22 years.
Japan Jun retail sales rose +0.4% m/m and fell -0.6% y/y, weaker than expectations of +0.8% m/m and -0.5% y/y.
Japan Jun overall household spending fell -3.0% y/y, less than expectations of -4.0% y/y.
UK Jun mortgage approvals rose 67,200, more than expectations of 63,000.
UK Jun net consumer credit rose +0.4 billion pounds, less than expectations of +0.8 billion pounds and the smallest increase in 17 months.
U.S. STOCK PREVIEW
The 2-day FOMC meeting begins today and will conclude tomorrow with a policy announcement. Today’s May S&P/CaseShiller Composite-20 home price index is expected to show an increase of +0.3% m/m, strengthening a bit from the +0.2% increase seen in April. April’s report of +0.2% m/m marked the smallest advance for the series since it started rising in February 2012. Today’s July U.S. consumer confidence from the Conference Board is expected to show a small increase of +0.2 to 85.4, edging higher after the sharp +3.0 point increase to 85.2 seen in June. The Treasury today will sell $35 billion of 5-year T-notes.
There are 46 of the S&P 500 companies that report earnings today with notable reports including: UPS (consensus $1.25), Newmont Mining (0.19), Aflac (1.59), Pfizer (0.57), Martin Marietta Materials (1.29), Corning (0.38), Wynn Resorts (2.03), International Paper (0.83), Merck (0.81). Equity conferences this week include the following: Institute of Validation technology on Tue-Thu, and Marcus Evans 13th Annual Outage Management for Power Plants Conference on Tue-Thu.
OVERNIGHT U.S. STOCK MOVERS
Merck & Co. (MRK -0.31%) reported Q2 EPS of 85 cents, better than consensus of 81 cents.
Aetna (AET +1.71%) reported Q2 EPS of $1.69, higher than consensus of $1.60.
Eastman Chemical (EMN -0.05%) reported Q2 EPS of $1.92, above consensus of $1.84.
Range Resources (RRC -0.57%) reported Q2 EPS of 36 cents, weaker than consensus of 40 cents.
Masco (MAS -3.01%) climbed 6% in after-hours trading after it reported Q2 adjusted EPS of 32 cents, stronger than consensus of 28 cents.
Luxor Capital Group reported a 5.4% passive stake in Orbitz (OWW unch) .
Herbalife (HLF +2.15%) fell over 10% in after-hours trading after it reported Q2 EPS of $1.55, below consensus of $1.57.
HealthSouth (HLS +1.21%) reported Q2 EPS of 81 cents with items, well above consensus of 47 cents, and then raised guidance on fiscal 2014 EPS view to $2.25-$2.31 from $1.86-$1.91, well above consensus of $1.91.
Amkor Technology (AMKR +0.10%) jumped over 10% in after-hours trading after it reported Q2 EPS of 21 cents, higher than consensus of 15 cents.
Lloyd Miller reported a 5.4% passive stake in Learning Tree (LTRE +1.28%) .
CNO Financial (CNO +0.17%) reported Q2 EPS of 29 cents, weaker than consensus of 31 cents.
W. R. Berkley (WRB -0.25%) reported Q2 operating EPS of 82 cents, stronger than consensus of 77 cents.
Plum Creek Timber (PCL +0.32%) reported Q2 EPS of 31 cents, higher than consensus of 30 cents, but then lowered guidance on fiscal 2014 EPS view to $1.05-$1.25 from $1.30-$1.50, well below consensus of $1.39.
Norwegian Cruise Line (NCLH +1.11%) reported Q2 adjusted EPS of 58 cents, better than consensus of 57 cents.
MARKET COMMENTS
Sep E-mini S&Ps (ESU14 +0.15%) this morning are up +0.25 of a point (+0.01%). The S&P 500 index on Monday erased early losses and closed higher on increased M&A activity after Dollar Tree agreed to buy rival Family Dollar Stores in a cash-and-stock deal valued at about $8.5 billion and after Zillow agreed to purchase Trulia for $3.5 billion: S&P 500 +0.08%, Dow Jones +0.03%, Nasdaq +0.13%. Negative factors that kept gains in check included (1) the -1.1% m/m decline in June pending home sales, weaker than expectations of a +0.5% m/m increase and the biggest monthly decline in 6 months, and (2) geopolitical concerns with the escalation of violence in the Middle East and Ukraine and with impending new Russian sanctions.
Sep 10-year T-notes (ZNU14 +0.07%) this morning are up +4 ticks. Sep 10-year T-note futures prices on Monday closed lower. Negative factors included (1) supply pressures as the Treasury auctions $108 billion of T-notes this week, and (2) expectations for the Fed to further reduce its monthly bond purchases by $10 billion when it convenes at this week’s 2-day FOMC meeting. Losses were limited as stocks fell after Jun pending home sales unexpectedly fell by the most in 6 months. Closes: TYU4 -6.0, FVU4 -4.00.
The dollar index (DXY00 +0.04%) this morning is up +0.026 (+0.03%). EUR/USD (^EURUSD) is down -0.0004 (-0.03%) and USD/JPY (^USDJPY) is up +0.12 (+0.12%) a a 3-week high. The dollar index on Monday closed little changed on signs of economic weakness after U.S. Jun pending home sales unexpectedly declined. EUR/USD was undercut by comments from ECB Vice President Constancio who said that inflation rates in the Eurozone “remained too low” in the second quarter. Closes: Dollar index unch, EUR/USD -0.0034 (-0.25%), USD/JPY +0.02 (+0.02%).
Sep WTI crude oil (CLU14 -0.26%) this morning is down -23 cents (-0.23%) and Sep gasoline (RBU14 +0.45%) is up +0.0125 (+0.44%). Sep crude and gasoline prices Monday closed lower with Sep crude at a 2-week low: CLU4 -0.42 (-0.41%), RBU4 -0.0129 (-0.45%). Bearish factors for crude oil and gasoline included (1) signs of economic weakness after U.S. Jun pending home sales unexpectedly declined by the most in 6 months, and (2) reduced geopolitical concerns as the flow of crude oil from the Middle East remains unaffected by the surge of violence in Libya and Iraq.
GLOBAL EVENT CALENDAR07/29/2014
US0900 ETMay S&P/CaseShiller Composite-20 home price index expected +0.3% m/m and +10.0% y/y, Apr +0.19% m/m and +10.82% y/y.
1000 ETJul U.S. consumer confidence (Conference Board) expected +0.2 to 85.4, Jun +3.0 to 85.2.
1100 ETFOMC begins 2-day policy meeting.
1300 ETTreasury auctions $35 billion of 5-year T-notes.
UK0430 ETUK Jun net consumer credit expected +0.8 billion pounds, May +0.7 billion pounds.
0430 ETUK Jun mortgage approvals expected 63,000, May 61,700.
0430 ETUK Jun M4 money supply expected -0.6% y/y, May -0.1% m/m and -0.9% y/y.
JPN1950 ETJapan Jun industrial production expected -1.2% m/m and +5.2% y/y, May +0.7% m/m and +1.0% y/y.
GER0200 ETGerman Jun import price index expected +0.3% m/m and -1.2% y/y, May unch m/m and -2.1% y/y.
U.S. STOCK CALENDAR07/29/2014
Company NameTickerTimeEvent DescriptionPeriodEstimate
Martin Marietta Materials IncMLM USBef-mktQ2 2014 Earnings ReleaseQ2 20141.292
Pfizer IncPFE USBef-mktQ2 2014 Earnings ReleaseQ2 20140.567
Nielsen NVNLSN USBef-mktQ2 2014 Earnings ReleaseQ2 20140.612
Waste Management IncWM USBef-mktQ2 2014 Earnings ReleaseQ2 20140.593
Corning IncGLW USBef-mktQ2 2014 Earnings ReleaseQ2 20140.376
Eaton Corp PLCETN USBef-mktQ2 2014 Earnings ReleaseQ2 20141.118
Ecolab IncECL USBef-mktQ2 2014 Earnings ReleaseQ2 20141.022
Entergy CorpETR USBef-mktQ2 2014 Earnings ReleaseQ2 20141.103
Wynn Resorts LtdWYNN USBef-mktQ2 2014 Earnings ReleaseQ2 20142.026
National Oilwell Varco IncNOV USBef-mktQ2 2014 Earnings ReleaseQ2 20141.437
PACCAR IncPCAR USBef-mktQ2 2014 Earnings ReleaseQ2 20140.891
Fidelity National Information Services IncFIS USBef-mktQ2 2014 Earnings ReleaseQ2 20140.739
Affiliated Managers Group IncAMG USBef-mktQ2 2014 Earnings ReleaseQ2 20142.599
International Paper CoIP USBef-mktQ2 2014 Earnings ReleaseQ2 20140.832
Reynolds American IncRAI USBef-mktQ2 2014 Earnings ReleaseQ2 20140.867
Marsh & McLennan Cos IncMMC USBef-mktQ2 2014 Earnings ReleaseQ2 20140.744
Merck & Co IncMRK USBef-mktQ2 2014 Earnings ReleaseQ2 20140.81
Aetna IncAET US6:00Q2 2014 Earnings ReleaseQ2 20141.604
Harris CorpHRS US6:30Q4 2014 Earnings ReleaseQ4 20141.284
CONSOL Energy IncCNX US6:45Q2 2014 Earnings ReleaseQ2 20140.245
Xylem Inc/NYXYL US7:00Q2 2014 Earnings ReleaseQ2 20140.444
McGraw Hill Financial IncMHFI US7:15Q2 2014 Earnings ReleaseQ2 20140.98
NextEra Energy IncNEE US7:30Q2 2014 Earnings ReleaseQ2 20141.44
United Parcel Service IncUPS US7:45Q2 2014 Earnings ReleaseQ2 20141.248
Illinois Tool Works IncITW US8:00Q2 2014 Earnings ReleaseQ2 20141.201
Masco CorpMAS US8:00Q2 2014 Earnings CallQ2 2014
Eastman Chemical CoEMN US8:00Q2 2014 Earnings CallQ2 2014
Merck & Co IncMRK US8:00Q2 2014 Earnings CallQ2 2014
Nielsen NVNLSN US8:30Q2 2014 Earnings CallQ2 2014
Corning IncGLW US8:30Q2 2014 Earnings CallQ2 2014
Wynn Resorts LtdWYNN US8:30Q2 2014 Earnings CallQ2 2014
Harris CorpHRS US8:30Q4 2014 Earnings CallQ4 2014
United Parcel Service IncUPS US8:30Q2 2014 Earnings CallQ2 2014
Fidelity National Information Services IncFIS US8:30Q2 2014 Earnings CallQ2 2014
Aetna IncAET US8:30Q2 2014 Earnings CallQ2 2014
Marsh & McLennan Cos IncMMC US8:30Q2 2014 Earnings CallQ2 2014
McGraw Hill Financial IncMHFI US8:30Q2 2014 Earnings CallQ2 2014
Xylem Inc/NYXYL US9:00Q2 2014 Earnings CallQ2 2014
NextEra Energy IncNEE US9:00Q2 2014 Earnings CallQ2 2014
National Oilwell Varco IncNOV US9:00Q2 2014 Earnings CallQ2 2014
International Paper CoIP US9:00Q2 2014 Earnings CallQ2 2014
Reynolds American IncRAI US9:00Q2 2014 Earnings CallQ2 2014
Range Resources CorpRRC US9:00Q2 2014 Earnings CallQ2 2014
Pfizer IncPFE US10:00Q2 2014 Earnings CallQ2 2014
Waste Management IncWM US10:00Q2 2014 Earnings CallQ2 2014
CONSOL Energy IncCNX US10:00Q2 2014 Earnings CallQ2 2014
General Growth Properties IncGGP US10:00Q2 2014 Earnings CallQ2 2014
Eaton Corp PLCETN US10:00Q2 2014 Earnings CallQ2 2014
Illinois Tool Works IncITW US10:00Q2 2014 Earnings CallQ2 2014
Entergy CorpETR US11:00Q2 2014 Earnings CallQ2 2014
Affiliated Managers Group IncAMG US11:00Q2 2014 Earnings CallQ2 2014
Jacobs Engineering Group IncJEC US11:00Q3 2014 Earnings CallQ3 2014
PACCAR IncPCAR US12:00Q2 2014 Earnings CallQ2 2014
Ecolab IncECL US13:00Q2 2014 Earnings CallQ2 2014
Martin Marietta Materials IncMLM US14:00Q2 2014 Earnings CallQ2 2014
Edwards Lifesciences CorpEW US16:00Q2 2014 Earnings ReleaseQ2 20140.769
CBRE Group IncCBG US16:00Q2 2014 Earnings ReleaseQ2 20140.356
CH Robinson Worldwide IncCHRW US16:15Q2 2014 Earnings ReleaseQ2 20140.765
American Express CoAXP US17:00Q2 2014 Earnings CallQ2 2014
Marriott International Inc/DEMAR US17:00Q2 2014 Earnings ReleaseQ2 20140.67
Edwards Lifesciences CorpEW US17:00Q2 2014 Earnings CallQ2 2014
Vertex Pharmaceuticals IncVRTX US17:00Q2 2014 Earnings CallQ2 2014
CBRE Group IncCBG US17:00Q2 2014 Earnings CallQ2 2014
Amgen IncAMGN US17:00Q2 2014 Earnings CallQ2 2014
Fiserv IncFISV US17:00Q2 2014 Earnings CallQ2 2014
Equity ResidentialEQR USAft-mktQ2 2014 Earnings ReleaseQ2 20140.768
Aflac IncAFL USAft-mktQ2 2014 Earnings ReleaseQ2 20141.592
Newmont Mining CorpNEM USAft-mktQ2 2014 Earnings ReleaseQ2 20140.191
American Express CoAXP USAft-mktQ2 2014 Earnings ReleaseQ2 20141.381
Anadarko Petroleum CorpAPC USAft-mktQ2 2014 Earnings ReleaseQ2 20141.296
Owens-Illinois IncOI USAft-mktQ2 2014 Earnings ReleaseQ2 20140.824
AGL Resources IncGAS USAft-mktQ2 2014 Earnings ReleaseQ2 20140.428
Newfield Exploration CoNFX USAft-mktQ2 2014 Earnings ReleaseQ2 20140.528
Vertex Pharmaceuticals IncVRTX USAft-mktQ2 2014 Earnings ReleaseQ2 2014-0.762
Boston Properties IncBXP USAft-mktQ2 2014 Earnings ReleaseQ2 20141.331
Genworth Financial IncGNW USAft-mktQ2 2014 Earnings ReleaseQ2 20140.349
Express Scripts Holding CoESRX USAft-mktQ2 2014 Earnings ReleaseQ2 20141.216
Amgen IncAMGN USAft-mktQ2 2014 Earnings ReleaseQ2 20142.064
Fiserv IncFISV USAft-mktQ2 2014 Earnings ReleaseQ2 20140.808
Ameriprise Financial IncAMP USAft-mktQ2 2014 Earnings ReleaseQ2 20142.01
Kimco Realty CorpKIM USAft-mktQ2 2014 Earnings ReleaseQ2 20140.344
Cincinnati Financial CorpCINF USAft-mktQ2 2014 Earnings ReleaseQ2 20140.455
Legg Mason IncLM USAnnual General MeetingY 2014

Monday, July 28, 2014

Supervalu - Barchart's Cahrt of the day

Supervalu (SVU) is the Barchart Chart of the Day. The retail supermarket stock has a Trend Spotter buy signal, a Weighted Alpha of 33.58+ and gained 17.16% in the last year.

The Chart of the Day belongs to Supervalu (SVU).  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 find a chart I liked.  Since the Trend Spotter signaled a buy on 5/12 the stock gained 28.69%.

SVU is one of the nation's largest supermarket retailer and largest food distributor. The company conducts its retail operations under three principal store formats: price superstores, under such retail banners as Cub Foods, Shop `n Save, Shoppers Food Warehouse, Metro and biggs. Also, the company sells food and non-food products at wholesale throughout the United States to retail food stores, mass merchants and through other logistics arrangements. The company's plans include growing its retail operations through new store development and acquisitions.


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.

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 16.58% in the last month
  • Relative Strength Index 74.49%
  • Barchart computes a technical support level at 9.19
  • Recently traded at 9.42 with a 50 day moving average of 8.06
Fundamental factors:
  • Market Cap $2.45 billion
  • P/E 14.71
  • Revenue expected to grow 2.40% this year and another .50% next year
  • Earnings estimated to increase 10.30% this year, an additional 4.70% next year and continue to increase at an annual rate of 5.25% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 1 buy, 9 hold and 2 under perform recommendations on the stock
Grocery stocks usually move slowly so I'd use the 100 day moving average as an exit point.

Small Caps with Momentum

Today I used Barchart to sort the S&P 600 Small Cap Index stocks to find the stocks with the best momentum.  First I sorted for the stocks hitting the most frequent new highs in the last month, then used the Flipchart feature to find the charts I liked.

Today's list includes Century Aluminum (CENX), Chemed (CHE), Green Plains Renewable Energy (GPRE), American Assets Trusts (AAT) and Post Properties (PPS):

Century Aluminum (CENX)


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 17.04% in the last month
  • Relative Strength Index 70.33%
  • Barchart computes a technical support level at 17.88
  • Recently traded at 18.39 with a 50 day moving average of 15.71
Chemed (CHE)


Barchart technical indicators:
  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 10.00% in the last month
  • Relative Strength Index 80.37%
  • Barchart computes a technical support level at 98.08
  • Recently traded at 102.40 with a 50 day moving average of 92.47


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 22.93% in the last month
  • Relative Strength Index 75.20%
  • Barchart computes a technical support level at 37.40
  • Recently traded at 39.73 with a 50 day moving average of 32.71


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 3.67% in the last month
  • Relative Strength Index 61.86%
  • Barchart computes a technical support level at 35.08
  • Recently traded at 35.65 with a 50 day moving average of 34.65


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 3.51% in the last month
  • Relative Strength Index 61.86%
  • Barchart computes a technical support level at 54.56
  • Recently traded at 55.50 with a 50 day moving average of 53.11











BARCHART MORNING CALL 7/28

OVERNIGHT MARKETS AND NEWS
September E-mini S&Ps (ESU14 -0.14%) this morning are down -0.08% and European stocks are up +0.14%. Goldman Sachs cut its rating on global stocks to neutral for the next 3 months, saying stocks are at risk of a brief selloff as rising inflation boosts government bond yields. Stocks received a boost on increased M&A activity after Dollar Tree agreed to buy rival Family Dollar Stores in a cash-and-stock deal valued at about $8.5 billion. Russia's Micex fell nearly 2% to a 2-month low and the ruble slid as the U.S. and Europe consider more sanctions against Russia after the U.S. said it had satellite photos showing Russia firing across the border at Ukraine forces. Asian stocks closed mostly higher: Japan +0.46%, Hong Kong +0.88%, China +2.81%, Taiwan -0.20%, Australia -0.11%, Singapore closed for holiday, South Korea +0.78%, India -0.52%. Japan's Nikkei Stock Index rallied to a 6-month high on speculation Q2 Japanese company earnings results will be positive. China's Shanghai Stock Index jumped to a 7-month high on signs of increased company profits after China Jun industrial profits rose by the most in 9 months. Commodity prices are mixed. Sep crude oil (CLU14 -0.44%) is down -0.60%. Sep gasoline (RBU14 -0.44%) is down -0.43%. Aug gold (GCQ14 +0.11%) is up +0.07%. Sep copper (HGU14 +0.02%) is up +0.23%. Agriculture prices are mixed. The dollar index (DXY00 -0.02%) is down -0.03%. EUR/USD (^EURUSD) is up +0.07%. USD/JPY (^USDJPY) is up +0.01%. Sep T-note prices (ZNU14 -0.06%) are down -4 ticks.
ECB Vice President Constancio said that the Eurozone and the global economy "still face challenges" and that inflation rates in the Eurozone "remained too low" in the second quarter.
China Jun industrial profits rose +17.9% y/y, the largest increase in 9 months.
U.S. STOCK PREVIEW
Today’s June pending home sales report is expected to show an increase of +0.5% m/m, adding to the sharp gain of +6.1% seen in May.  The Treasury today will sell $29 billion of 2-year T-notes.  There are 10 of the S&P 500 companies that report earnings today with notable reports including:  Tyson Foods (consensus $0.78), Cummins (2.39), Roper Industries (1.50), Plum Creek Timber (0.30), and Eastman Chemical (1.84).  Equity conferences this week include the following:  Institute of Validation technology on Tue-Thu, and Marcus Evans 13th Annual Outage Management for Power Plants Conference on Tue-Thu.
OVERNIGHT U.S. STOCK MOVERS
Tyson Foods (TSN -0.58%) reported Q3 EPS of 75 cents, weaker than consensus of 78 cents.
PG&E (PCG -0.57%) was downgraded to 'Sell' from 'Neutral' at Goldman Sachs.
Pfizer (PFE -0.49%) was downgraded to 'Market Perform' from 'Outperform' at BMO Capital.
Time Warner Cable (TWC -1.09%) was upgraded to 'Buy' from 'Hold' at Wunderlich.
Semtech (SMTC -4.26%) was upgraded to 'Strong Buy' from 'Outperform' at Raymond James.
Reynolds American (RAI -0.75%) was upgraded to 'Top Pick' from 'Outperform' at RBC Capital.
Cal-Maine Foods (CALM +0.66%) reported Q4 EPS $1.30, better than consensus of $1.15.
Citigroup raised its price target for Chipotle (CMG +2.03%) to $793 from $648 and keeps its 'Buy' ratng on the stock.
Dollar Tree (DLTR -1.33%) agreed to buy Family Dollar (FDO -0.79%) for $74.50 per share in cash and stock.
Cisco (CSCO +0.54%) was downgraded to 'Sector Perform' from 'Outperform' at Pacific Crest.
CIT Group (CIT +0.59%) was upgraded to 'Overweight' from 'Equal Weight' at Morgan Stanley who also raised their price target on the stock to $57 from $46.
Cummins (CMI -0.43%) reported Q2 EPS of $2.43, higher than consensus of $2.39.
Roper Industries (ROP -0.14%) reported Q2 EPS of $1.56, better than consensus of $1.50.
The U.S Commerce Department proposed expanded duties on some Chinese solar-energy imports, according to Bloomberg, potentially affecting Chinese solar companies such as Trina (TSL +0.71%), Yingli (YGE +0.57%) and JinkoSolar (JKS +2.17%), among others.
Amazon.com (AMZN -9.65%) is likely to remain range-bound as costs escalate, according to Barron's.
MARKET COMMENTS
Sep E-mini S&Ps (ESU14 -0.14%) this morning are down -1.50 points (-0.08%). The S&P 500 index on Friday closed moderately lower: S&P 500 -0.48%, Dow Jones -0.72%, Nasdaq -0.50%. The durable goods orders report was generally favorable, but stocks lost ground on (1) pre-weekend long liquidation pressure, (2) nervousness as the U.S. and Europe consider further sanctions against Russia, and (3) the surprise 50 bp rate hike to 8.00% by the Russian central bank along with the -1.45% sell-off in the Russian Micex stock index on Friday.
Sep 10-year T-notes (ZNU14 -0.06%) this morning are down -4 ticks. Sep 10-year T-note futures prices on Friday closed moderately higher on weak global stocks and on increased safe-haven demand with impending new sanctions on Russia and the Russian rate hike. Closes: TYU4 +8.5, FVU4 +3.75.
The dollar index (DXY00 -0.02%) this morning is down -0.023 (-0.03%). EUR/USD (^EURUSD) is up +0.0010 (+0.07%). USD/JPY (^USDJPY) is up +0.01 (+0.01%). The dollar index on Friday extended the 3-week rally to a new 5-1/2 month high with bullish factors including generally strong U.S. economic data and continued safe-haven demand. EUR/USD fell to a new 8-month low on the ECB’s recent monetary policy easing and on concerns about new sanctions on Russia. Closes: Dollar index +0.16 (+0.19%), EUR/USD -0.0034 (-0.25%), USD/JPY +0.02 (+0.02%).
Sep WTI crude oil (CLU14 -0.44%) this morning is down -61 cents (-0.60%). and Sep gasoline (RBU14 -0.44%) is down -0.0122 (-0.43%). Aug crude and gasoline prices on Friday closed steady to higher: CLU4 +0.02 (+0.02%), RBU4 +0.0272 (+0.97%). Crude oil and gasoline prices received a boost on Friday from Ukraine-Russian turmoil, but continued to see some downward pressure from rising U.S. gasoline inventories and concerns about a near-term rise in Libyan exports.

GLOBAL EVENT CALENDAR07/28/2014
US0945 ETJul Markit services PMI expected -0.2 to 59.8, Jun +2.9 to 61.0.
1000 ETJun pending home sales expected +0.5% m/m and -5.2% y/y, May +6.1% m/m and -6.9% y/y.
1030 ETJul Dallas Fed manufacturing activity expected +0.6 to 12.0, Jun +3.4 to 11.4.
1100 ETUSDA weekly grain export inspections.
1300 ETTreasury auctions $29 billion of 2-year T-notes.
1600 ETUSDA weekly crop progress.
JPN1930 ETJapan Jun jobless rate expected unch at 3.5%, May 3.5%. Jun job-to-applicant ratio expected unch at 1.09, May 1.09.
1930 ETJapan Jun overall household spending expected -3.9% y/y, May -8.0% y/y.
1950 ETJapan Jun retail sales expected +0.8% y/y and -0.5% y/y, May +4.6% m/m and -0.4% y/y.
U.S. STOCK CALENDAR07/28/2014
Company NameTickerTimeEvent DescriptionPeriodEstimate
Roper Industries IncROP USBef-mktQ2 2014 Earnings ReleaseQ2 20141.503
Tyson Foods IncTSN USBef-mktQ3 2014 Earnings ReleaseQ3 20140.784
Cummins IncCMI US7:30Q2 2014 Earnings ReleaseQ2 20142.385
Tyson Foods IncTSN US8:00Q3 2014 Earnings CallQ3 2014
Roper Industries IncROP US8:30Q2 2014 Earnings CallQ2 2014
Cummins IncCMI US10:00Q2 2014 Earnings CallQ2 2014
Plum Creek Timber Co IncPCL US17:00Q2 2014 Earnings CallQ2 2014
XL Group PLCXL US17:00Q2 2014 Earnings CallQ2 2014
Eastman Chemical CoEMN US17:00Q2 2014 Earnings ReleaseQ2 20141.837
Plum Creek Timber Co IncPCL USAft-mktQ2 2014 Earnings ReleaseQ2 20140.299
General Growth Properties IncGGP USAft-mktQ2 2014 Earnings ReleaseQ2 20140.305
XL Group PLCXL USAft-mktQ2 2014 Earnings ReleaseQ2 20140.837
Masco CorpMAS USAft-mktQ2 2014 Earnings ReleaseQ2 20140.281
Range Resources CorpRRC USAft-mktQ2 2014 Earnings ReleaseQ2 20140.398
Jacobs Engineering Group IncJEC US21:30Q3 2014 Earnings ReleaseQ3 20140.864

Friday, July 25, 2014

Windstream Holdings - Barchart's Chart of the Day

Windstream Holdings (WIN) is the Barchart Chart of the Day.  The telephone communications stock has a Trend Spotter buy signal, a Weighted Alpha of 35.70+, gained 29.14 % in the last year and paid a 9.69% dividend.

The Chart of the Day belongs to Windstream Holdings (WIN).  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.  Since the Trend Spotter signaled a buy on 7/7 the stock is up 4.29%.

WIN offers advanced network communications, including cloud computing and managed services, to businesses. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream Holdings, Inc., formerly known as Windstream Corporation, is based in Little Rock, Arkansas.


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.

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 3.87% in the last month
  • Relative Strength Index 71.90%
  • Barchart computes a technical support level at 10.28
  • Recently traded at 10.46 with a 50 day moving average of 9.87
Fundamental factors:
  • Market Cap $6.23 billion
  • P/E 36.86
  • Dividend yield 9.69%
  • Revenue expected to decrease 1.60% this year and another .60% next year
  • Earnings estimated to decrease 11.40% this year, increase by 29.00% next year but compound at a negative rate of 2.60% fr the next 5 tears
  • Wall Street analysts are all over the place with 2 strong buy, 1 buy, 7 hold, 3 under perform and a sell recommendation on the stock
Watch this one carefully and exit at the 100 day moving average

REIT's Rule the Mid Caps

Today I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the stocks with the most frequent new highs in the last month and I was surprised how may REITs were at the top of the list.  Among them were Camden Property Trusts (CPT), Supervalu (SVU), Weingarten Realty Investors (WRI), American Campus Communities (ACC) and Alexandria Real Estate Equities (ARE):

Camden Property Trust (CPT)


Barchart technical indicators:
  • 72% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 2.82% in the last month
  • Relative Strength Index 60.51%
  • Barchart computes a technical support level at 73.19
  • Recently traded at 72.86 with a 50 day moving average of 70.99


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above ts 20, 50 and 100 day moving averages
  • 14 new highs and up 21.87% in the last month
  • Relative Strength Index 73.69%
  • Barchart computes a technical support level at 8.20
  • Recently traded at 9.36 with a 50 day moving average of 8.01


Barchart technical indicators:
  • 64% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 2.28% in the last month
  • Relative Strength Index 57.68%
  • Barchart computes a technical support level at 33.65
  • Recently traded at 33.59 with a 50 day moving average of 32.51


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 4.11% in the last month
  • Relative Strength Index 61.98%
  • Barchart computes a technical support level at 40.09
  • Recently traded at 40.00 with a 50 day moving average of 38.86


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 2.29% in the last month
  • Relative Strength Index 61.64%
  • Barchart computes a technical support level at 78.73
  • Recently traded at 78.88 with a 50 day moving average of 77.08