Friday, June 24, 2016

Drew Industries - Chart of the Day

Drew Industries (DW) is the Barchart Chart of the Day.  The truck parts company has a Trend Spotter buy signal. a Weighted Alpha of 59.70+, gained 45.68% in the last year and paid a 1.47% dividend.

The Chart of the Day belongs to Drew Industries (DW).  I found the truck parts stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.

Drew Industries Incorporated has two reportable operating segments, the manufactured housing products segment and the recreational vehicle products segment. Several of the Company's customers produce both manufactured homes and recreational vehicles, and the Company supplies products having similar characteristics for use in both these lines of business.



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
  • 11 new highs and up 15.83% in the last month
  • Relative Strength Index 76.48%
  • Technical support level at 80.85
  • Recently traded at 85.09 with a 50 day moving average of 72.80
Fundamental factors:
  • Market Cap $2.08 billion
  • P/E 22.42
  • Dividend yield 1.47%
  • Revenue expected to grow 13.60% this year and another 7.80% next year
  • Earnings estimated to increase 44.70% this year, an additional 13.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

Drew Industries - Chart of the Day

Drew Industries (DW) is the Barchart Chart of the Day.  The truck parts company has a Trend Spotter buy signal. a Weighted Alpha of 59.70+, gained 45.68% in the last year and paid a 1.47% dividend.

The Chart of the Day belongs to Drew Industries (DW).  I found the truck parts stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.

Drew Industries Incorporated has two reportable operating segments, the manufactured housing products segment and the recreational vehicle products segment. Several of the Company's customers produce both manufactured homes and recreational vehicles, and the Company supplies products having similar characteristics for use in both these lines of business.



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
  • 11 new highs and up 15.83% in the last month
  • Relative Strength Index 76.48%
  • Technical support level at 80.85
  • Recently traded at 85.09 with a 50 day moving average of 72.80
Fundamental factors:
  • Market Cap $2.08 billion
  • P/E 22.42
  • Dividend yield 1.47%
  • Revenue expected to grow 13.60% this year and another 7.80% next year
  • Earnings estimated to increase 44.70% this year, an additional 13.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

Drew Industries - Chart of the Day

Drew Industries (DW) is the Barchart Chart of the Day.  The truck parts company has a Trend Spotter buy signal. a Weighted Alpha of 59.70+, gained 45.68% in the last year and paid a 1.47% dividend.

The Chart of the Day belongs to Drew Industries (DW).  I found the truck parts stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.

Drew Industries Incorporated has two reportable operating segments, the manufactured housing products segment and the recreational vehicle products segment. Several of the Company's customers produce both manufactured homes and recreational vehicles, and the Company supplies products having similar characteristics for use in both these lines of business.



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
  • 11 new highs and up 15.83% in the last month
  • Relative Strength Index 76.48%
  • Technical support level at 80.85
  • Recently traded at 85.09 with a 50 day moving average of 72.80
Fundamental factors:
  • Market Cap $2.08 billion
  • P/E 22.42
  • Dividend yield 1.47%
  • Revenue expected to grow 13.60% this year and another 7.80% next year
  • Earnings estimated to increase 44.70% this year, an additional 13.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

Thursday, June 23, 2016

American Campus Communities - Chart of the Day

America Campus Communities (ACC) is the Barchart Chart of the Day.  The student housing REIT has a Trend Spotter buy signal, a Weighted Alpha of 33.20+, gained 27.27% in the last year and paid a 3.42% dividend.

The Chart of the Day belongs to America Campus Communities (ACC).  I found the student housing stock 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 better. Always use the Flipchart feature to review the charts for consistency.

American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties.

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 up 6.73% in the last month
  • Relative Strength Index 68.78%
  • Technical support level at 48.67
  • Recently traded at 49.32 with a 50 day moving average of 46.68
Fundamental factors:
  • Market Cap $6.43 billion
  • P/E 21.53
  • Dividend yield 3.42%
  • Revenue expected to grow 3.40% this year and another 5.60% next year
  • Earnings estimated to be down 6.40% this year but increase again by 8.60% next year and compound at an annual rate of 2.70% for the next 5years
  • Wall Street analysts opinions are mixed with 3 strong buy, 3 buy, 6 hold and 2 under perform reports on the stock



MORNING CALL 6/23

MORNING CALL


Wednesday, June 22, 2016

Connecticut Water Service

Connecticut Water Service (CTWS) is the Barchart Chart of the Day.  The Water supply company has a Trend Spotter buy signal, a Weighted Alpha of 59.35+, gained 55.55% in the last year and paid a 2.16% dividend.

The Chart of the Day belongs to Connecticut Water Service (CWTS).  I found the water supply stock 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 better.  Next I used the Flipchart feature to review the charts for consistency.

Connecticut Water Service, Inc., is a non-operating holding company whose income comes solely from its subsidiaries. The core business is water service to people throughout towns in Connecticut and Massachusetts.


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:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 12.25% in the last month
  • Relative Strength Index 63.82%
  • Technical support level at 51.40
  • Recently traded at 52.59 with a 50 day moving average of 48.69
Fundamental factors:
  • Market Cap $589.53 million
  • P/E 25.70
  • Dividend yield 2.16%
  • Revenue expected to grow 4.20% this year and another 7.70% next year
  • Earnings estimated to be down .50% this year but increase again by 12.80% next year and continue to compound at an annual rate of 5.00% for the next 5 years
  • Wall Street analysts have 2 hold reports in place.

Tuesday, June 21, 2016

Orchids Paper Products - Chart of the Day

Orchids Paper Products (TIS) is the Barchart Chart of the Day  The tissue products company has a Trend Spotter buy signal, a Weighted Alpha of 42.90+ gained 42.31% in the last year and paid a 4.12% dividend.

The Chart of the Day belongs to Orchids Paper Products (TIS).  I found the tissue products stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the lats month, then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to review the charts for consistency.

Orchids Paper Products Company is a tissue paper company that manufacturers and converts tissue product for the private label consumer market.


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
  • 16 new highs and up 10.99% in the last month
  • Relative Strength Index 63.57%
  • Technical support level at 33.40
  • Recently traded at 34.17 with a 50 day moving average of 31.41
Fundamental factors:
  • Market Cap $351.27 million
  • P/E 20.08
  • Dividend yield 4.12%
  • Revenue expected to grow 15.50% this year and another 16.70% next year
  • Earnings estimated to increase 19.60% this year, an additional 32.10% next year and continue to compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 2 buy recommendations on the stock

5 Small Caps for Momentum Investors

Today I used Barchart to sort the S&P 600 Small Cap Index stocks to find the 5 with the best current momentum.  First I sorted for the most frequent new highs in the last month, then again for technical buy signals of 80% or better.  Next I used the Flipchart feature to review the charts for consistency.  Today's Watch list includes:

California Water Service Group (CWT), Innophos Holdings (IPHS), Allete (ALE), SouthWest Gas (SWX) and Five Below (FIVE)

California Water Service Group (CWT)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 13.15% in the last month
  • Relative Strength Index 72.04%
  • Technical support level at 31.48
  • Recently traded at 31.93 with a 50 day moving average of 28.98


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 12.74% in the last month
  • Relative Strength Index 72.41%
  • Technical support level at 40.80
  • Recently traded at 41.60 with a 50 day  moving average of 37.65
Allete (ALE)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 12.14% in the last month
  • Relative Strength Index 72.42%
  • Technical support level at 60.40
  • Recently traded at 61.79 with a 50 day moving average of 57.30


Barchart technical indicators:\
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 9.88% in the last month
  • Relative Strength Index 72.83%
  • Technical support level at 73.22
  • Recently traded at 74.76 with a 50 day moving average of 68.53
Five Below (FIVE)


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 19.62% in the last month
  • Relative Strength Index 68.05%
  • Technical support level at 45.55
  • Recently traded at 45.97 with a 50 day moving average of 41.37











MORNING CALL 6/21

MORNING CALL
OVERNIGHT MARKETS AND NEWS
Sep E-mini S&Ps (ESU16 +0.47%) are up +0.48% and European stocks are up +0.83% at a 1-week high ahead of this morning's testimony to the Senate Banking Committee by Fed Chair Yellen and by a speech to the European Parliament by ECB President Draghi. European stocks also received a boost from an unexpected jump in the German Jun ZEW survey expectations of economic growth to a 10-month high. The British pound climbed to a 5-1/2 month high against the dollar as polls show the UK campaign to remain in the European Union are gaining ground before Thursday's referendum. Asian stocks settled mixed: Japan +1.28%, Hong Kong +0.77%, China -0.35%, Taiwan +0.68%, Australia +0.33%, Singapore -0.41%, South Korea +0.07%, India -0.20%. Japan's Nikkei Stock Index moved up to a 1-week high as exporters rallied after USD/JPY strengthened.
The dollar index (DXY00 +0.02%) is down -0.05% at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.01%. USD/JPY (^USDJPY) is up +0.67%.
Sep T-note prices (ZNU16 -0.12%) are down -3 ticks.
The German Jun ZEW survey expectations of economic growth unexpectedly rose +12.8 to 19.2, stronger than expectations of -1.6 to 4.8 and the highest in 10 months.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) Fed Chair Janet Yellen testifies on monetary policy to the Senate Banking Committee, and (2) the Treasury's auction of $34 billion of 5-year T-notes.
There are 5 of the Russell 1000 companies that report earnings today: FedEx (consensus $3.28), Lennar (0.87), CarMax (0.92), Adobe (0.68), Carnival (0.39).
U.S. IPO's scheduled to price today: Selecta Biosciences (SELB), Tactile Systems Technology (TCMD)
Equity conferences this week include: Questex Sensors Expo & Conference on Tue, Real Estate Investment World Asia 2016 on Tue, Wells Fargo Convergence & Connectivity Symposium on Tue, Jefferies Consumer Conference on Tue-Wed, Wells Fargo West Coast Energy Conference on Tue-Wed, Panagora Pharma - Mobile Pharma Summit on Tue-Wed, Bernstein Global Future of Media & Telecommunications Summit on Wed, Oppenheimer Global Consumer Conference on Wed, Citigroup Insurance Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS
Signature Bank/New York (SBNY +0.95%) was upgraded to 'Strong Buy' from 'Outperform' at Raymond James with a 12-month price target of $162.
Abbott Laboratories (ABT +0.96%) was upgraded to 'Buy' from 'Hold' at Edward Jones.
Imperva (IMPV +0.27%) rallied over 9% in after-hours trading after Elliott Associates disclosed a 9.8% stake in Imperva and said it began a dialogue with management and board regarding strategic and operational opportunities.
Knight Transportation (KNX +3.53%) was downgraded to 'Neutral' from 'Buy' at Bank of America/Merrill Lynch.
Prologis (PLD +0.06%) was downgraded to 'Hold' from 'Buy' at Deutsche Bank.
Kirby Corp. (KEX +0.90%) was downgraded to 'Neutral' from 'Outperform' at Credit Suisse.
CNOOC Ltd. (CEO +2.55%) was upgraded to 'Buy' from 'Neutral' at UBS.
Paratek Pharmaceuticals (PRTK -2.59%) slid over 2% in after-hours trading after it proposed an offering of 3.75 million shares of common stock.
Sunrun (RUN +2.66%) gained over 1% in after-hours trading after it was rated a new 'Outperform' at Oppenheimer,
American Superconductor (AMSC +1.21%) was rated a new 'Outperform' at Oppenheimer with an 18-month price target of $12.
Opko Health (OPK +1.55%) rose nearly 4% in after-hours trading after a FDA approved-drugs website indicated approval for Opko's Rayaldee drug came on June 17.
Werner (WERN +1.36%) dropped over 9% in after-hours trading after it warned that Q2 EPS may be only 21 cents-35 cents, below consensus of 40 cents, due to "sluggish" freight market conditions, driver pay and contractor cost increases.
Scynexis (SCYX +6.85%) tumbled over 11% in after-hours trading after it announced it will launch a public offering of common stock and warrants.
MARKET COMMENTS
September E-mini S&Ps (ESU16 +0.47%) this morning are up +10.00 points (+0.48%). Monday's closes: S&P 500 +0.58%, Dow Jones +0.73%, Nasdaq +0.59%. The S&P 500 on Monday rallied to a 1-week high and closed higher on carryover support from a sharp rally in European stocks as Brexit concerns eased after the latest polls showed that Britons will vote to remain in the European Union at Thursday's referendum. Stocks were also boosted by strength in mining stocks and energy producers after copper rallied +2.1% and the price of crude oil climbed 2.9% to a 1-week high.
Sep 10-year T-note prices (ZNU16 -0.12%) this morning are down -3 ticks. Monday's closes: TYU6 -1300, FVU6 -6.25. Sep T-notes gapped lower Monday to a 1-week low and closed lower on reduced safe-haven demand for T-notes as stocks rallied sharply as the latest polls showed Britons favored remaining in the EU. T-notes were also undercut by slack demand for the Treasury's $26 billion 2-year T-note auction that had a 2.72 bid-to-cover ratio, below the 12-auction average of 3.01.
The dollar index (DXY00 +0.02%) this morning is down -0.046 (-0.05%) at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.0001 (+0.01%). USD/JPY (^USDJPY) is up +0.70 (+0.67%). Monday's closes: Dollar Index -0.595 (-0.63%), EUR/USD +0.0037 (+0.33%), USD/JPY -0.22 (-0.21%). The dollar index on Monday fell to a 1-week low and closed lower on an easing of Brexit concerns, which lifted EUR/USD to a 1-week high and GBP/USD to a 2-1/2 week high. The dollar index was also undercut by cautiousness ahead of Tuesday's testimony by Fed Chair Yellen to the Senate Banking Committee on monetary policy.
July WTI crude oil (CLN16 -1.13%) this morning is down -54 cents (-1.09%). July gasoline (RBN16 -1.60%) is down -0.0227 (-1.43%). Monday's closes: CLN6 +1.39 (+2.90%), RBN6 +0.0774 (+5.14%). Jul crude oil and gasoline on Monday rallied to 1-week highs and closed higher. Crude oil prices were boosted by the fall in the dollar index to a 1-week low and a report by the Joint Organizations Data Initiative saying that Saudi Arabian Apr crude exports fell to a 6-month low of 7.44 million bpd.
GLOBAL EVENT CALENDAR06/21/2016
Tuesday, June 21, 2016
US1000 ETFed Chair Janet Yellen testifies on monetary policy to the Senate Banking Committee.
1300 ETTreasury auctions $34 billion of 5-year T-notes.
Wednesday, June 22, 2016
US0700 ETWeekly MBA mortgage applications, previous -2.4% with purchase sub-index -4.9% and refi sub-index -0.7%.
0900 ETApr FHFA house price index expected +0.6%, Mar +0.7% m/m.
1000 ETFed Chair Janet Yellen testifies on monetary policy to the House Financial Services Committee.
1000 ETMay existing home sales expected +1.8% to 5.55 million, Apr +1.7% m/m to 5.45 million.
1030 ETEIA Weekly Petroleum Status Report.
1130 ETTreasury auctions $13 billion of 2-year floating rate notes.
1230 ETTreasury auctions $28 billion of 7-year T-notes.
1300 ETTreasury auctions $5 billion of 30-year TIPS.
EUR1000 ETEurozone Jun consumer confidence expected unch at -7.0, May +2.3 to -7.0.
JPN2200 ETJapan Jun Nikkei manufacturing PMI, May -0.5 to 47.7.
U.S. STOCK CALENDAR06/21/2016
CompanyTickerTimeEvent DescriptionPeriodEstimate
QIAGEN NVQGEN US4:30Annual General MeetingY 2016
Lennar CorpLEN USBef-mktQ2 2016 Earnings ReleaseQ2 20160.872
CarMax IncKMX US7:00Q1 2017 Earnings ReleaseQ1 20170.923
CarMax IncKMX US9:00Q1 2017 Earnings CallC1 2017
CarMax IncKMX US9:00Q1 2017 Earnings CallQ1 2017
Nielsen Holdings PLCNLSN US9:00Annual General MeetingY 2015
Ingram Micro IncIM US10:00Special Meeting - M&A Vote
United Continental Holdings IncUAL US10:00Business Update Call
Lennar CorpLEN US11:00Q2 2016 Earnings CallQ2 2016
Varian Medical Systems IncVAR US12:00Investor DayY 2016
NetSuite IncN US12:00Annual General Meeting
FedEx CorpFDX US16:15Q4 2016 Earnings ReleaseQ4 20163.282
FedEx CorpFDX US17:00Q4 2016 Earnings CallQ4 2016
Adobe Systems IncADBE US17:00Q2 2016 Earnings CallQ2 2016
Adobe Systems IncADBE USAft-mktQ2 2016 Earnings ReleaseQ2 20160.68
Carnival CorpCCL USQ2 2016 Earnings ReleaseQ2 20160.386
United Therapeutics CorpUTHR USAnnual General Meeting
GameStop CorpGME USAnnual General Meeting
Agios Pharmaceuticals IncAGIO USAnnual General Meeting

Monday, June 20, 2016

Southwest Gas - Chart of the Day

SouthWest Gas (SWX) is the Barchart Chart of the Day.  The gas utility has a Trend Spotter buy signals, a Weighted Alpha of 43.50+. gained 36.76% in the last year and paid a 2.41% dividend.

The Chart of the Day belongs to SouthWest Gas (SWX).  I found the gas utility stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Next I reviewed the charts for consistency using the Flipchart feature.

SouthWest Gas is principally engaged in the business of purchasing,transporting, and distributing natural gas in portions of Arizona, Nevada,and California. The Company also engaged in financial services activities,through PriMerit Bank, Federal Savings Bank (PriMerit or the Bank), a wholly owned subsidiary.


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:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 9.42% in the last year
  • Relative Strength Index 70.06%
  • Technical support level at 73.12
  • Recenlty traded at 74.45 with a 50 day moving average of 68.53
Fundamental factors:
  • Market Cap $3.53 billion
  • P/E 25.25
  • Dividend yield 2.41%
  • Revenue expected to grow 2.30% for this year and another 3.90% next year
  • Earnings estimated to increase 7.70% this year, an additional 7.50% next yer and continue to compound at an annual rate of 4.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 1 buy and 5 hold recommendations on the stock