Saturday, March 3, 2012

Urologix - ULGX - sell signals

This weekend I deleted Urologix (ULGX) from the Barchart Van Meerten Speculative portfolio for negative price momentum:


Barchart technical indicators:
  • 60% Barchart short term technical sell signal
  • Trend Spotter sell signal
  • Below its 20 and 50 day moving averages
  • 32.75% off its 1 year high
  • Relative Strength Index 36.23%

B&G Foods Holdings delted

This weekend I deleted B&G Food Holdings (BGS) from the Barchart Van Meerten New High portfolio for negative price momentum:


Barchart technical indicators:
  • 80% Barchart short term technical sell signal
  • Below its 20 and 50 day moving averages
  • 7.71% off its 1 year high
  • Relative Strength Index 47.10%

Friday, March 2, 2012

3 NASDAQ 100 stocks on the move up

This morning I used Barchart to screen the NASDAQ 100 stocks to find the 3 with the most frequent up days in the last month and at the top of my screens came Apple (AAPL), Fastenal (FAST) and Microsoft (MSFT)

Apple (AAPL)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 19.77% in the last month
  • Relative Strength Index 86.00%
  • Barchart computes a technical support level at 540.52
  • Recently traded at 545.02 with a 50 day moving average of 456.52
Fastenal (FAST)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 12.31% in the last month
  • Relative Strength Index 78.05%
  • Barchart computes a technical support level at 52.40
  • Recently traded at 52.70 with a 50 day moving average of 47.45
Microsoft (MSFT)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 7.40% in the last month
  • Relative Strength Index 72.23%
  • Barchart computes a technical support level at 31.84
Recently traded at 32.17 with a 50 day moving average of 29.17





Barchart Morning Call 2/3

Barchart Morning Call
Overnight Developments
  • Global stocks this morning are mixed with the Euro Stoxx 50 down -0.06% and Mar S&Ps down -4.80 points. Treasuries are higher and the dollar index climbed to a 1-week high while stocks and commodities retreated after an unexpected decline in Jan German retail sales stoked concern the Euro-Zone economy is slowing. Jan German retail sales fell -1.6% m/m, weaker than expectations of a +0.5% m/m gain. The euro slipped to a 1-week low against the dollar and pressured stocks as well after Jan Euro-Zone producer prices rose +0.7% m/m and +3.7% y/y, stronger than expectations of +0.5% m/m and +3.5% y/y. Treasuries rose after San Francisco Fed President Williams said late last night in a speech in Honolulu that the Fed should maintain an "extraordinarily supportive policy" to reduce an unemployment rate that will probably exceed 7% for years and "we may need to do more if the recovery falters or if inflation stays below 2%."
  • Asian stocks today closed higher with Japan up +0.72%, China +1.77%, Australia +0.41%, South Korea +0.12%, India +0.30%. Japanese stocks finished higher after the yen fell to a 9-month low against the dollar and boosted the earnings prospects of exporters. Weaker-than expected economic data undercut the yen and also bolstered speculation the BOJ will expand its monetary easing measures. Jan Japan overall household spending fell -2.3% y/y, weaker than expectations of -0.9% y/y, while the Jan jobless rate unexpectedly rose +0.1 to 4.6%. Chinese stocks closed higher on speculation the government may introduce policies to support economic growth at a national congress next week. Feb South Korea CPI rose +3.1% y/y, posting a 14-month low and matching expectations, which should prompt the BOK to keep interest rates unchanged for a ninth month when it meets next week.
Overnight U.S. Stock News
  • March S&Ps this morning are trading down -4.80 points. The U.S. stock market Thursday settled higher after weekly unemployment claims unexpectedly fell to a nearly 4-year low and overseas data point to strength in the global economy: Dow Jones +0.22%, S&P 500 +0.62%, Nasdaq Composite +0.74%. The Nasdaq posted an 11-year high. Bullish factors Thursday included (1) the unexpected decrease in weekly initial U.S. unemployment claims which matched a nearly 4-year low (-2,000 to 351,000 versus expectations of +4,000 to 355,000), (2) strength in retailers after the Feb ICSC monthly store sales rose more than expected and posted their biggest increase in 8 months (+6.7% y/y versus expectations of +3.5% y/y), and (3) optimism that the global expansion can continue after Q4 Japan capital spending excluding software unexpectedly rose +4.9% y/y, its largest gain in 4-3/4 years and Feb China manufacturing PMI rose +0.5 to 51.0, stronger than expectations of +0.3 to 50.8 and its best level in 5 months.
  • Bearish factors included (1) concerns over the sustainability of the economic expansion after Jan U.S. personal spending and income rose less than expected (Jan personal spending +0.3% versus expectations of +0.4% and personal income +0.2% versus expectations of +0.4%), (2) the unexpected decrease in the Feb ISM manufacturing index (-1.7 to 52.4 versus expectations of +0.4 to 54.5), (3) the unexpected decline in Jan construction spending (-0.1% versus expectations of +1.0%), and (4) concerns about the European economy after the Jan Euro-Zone unemployment rate unexpectedly rose +0.1 to 10.7%, the highest in 14-1/4 years.
Today's Market Focus
  • June 10-year T-notes this morning are up +8 ticks. T-note prices Thursday fell to a 1-week low and settled lower on an unexpected decline in weekly jobless claims along with strength in the stock market: TYM2 -13.5, FVM2 -3.0, EDU2 +2.0. Bearish factors Thursday included (1) the unexpected decrease in weekly initial U.S. unemployment claims which matched a nearly 4-year low (-2,000 to 351,000 versus expectations of +4,000 to 355,000), (2) the larger-than-expected increase in the Feb ISM prices paid sub-index that rose to an 8-month high (+6.0 to 61.5 versus expectations of +2.5 to 58.0), (3) comments from Atlanta Fed President Lockhart who said he is concerned that a new round of asset purchases by the Fed would fuel inflation while failing to spur lending, and (4) reduced safe-haven demand for Treasuries as stocks rallied. Bullish factors included (1) the weaker-than-expected Jan U.S. personal spending and income (Jan personal spending +0.3% versus expectations of +0.4% and personal income +0.2% versus expectations of +0.4%), (2) the unexpected decrease in the Feb ISM manufacturing index (-1.7 to 52.4 versus expectations of +0.4 to 54.5), and (3) the unexpected decline in Jan construction spending (-0.1% versus expectations of +1.0%).
  • The dollar index this morning is stronger and posted a 1-week high with the dollar/yen +0.39 yen and the euro/dollar -0.92 cents. The dollar index Thursday settled slightly higher after the euro weakened when the Jan Euro-Zone unemployment rate unexpectedly increased while dollar gains were limited as a rally in stocks undercut the dollar's safe-haven demand: Dollar Index +0.069, USDJPY -0.034, EURUSD -0.00128. Bullish factors included (1) the unexpected increase in the Jan Euro-Zone unemployment rate which rose to a 14-1/4 year high of 10.7% and is euro negative and (2) the unexpected decline in weekly U.S. unemployment claims to their lowest level in nearly 4 years, which signals economic strength and is dollar supportive. Bearish factors included (1) reduced safe-haven demand for the dollar on a rally in stocks over optimism the global economy will continue to grow after the Feb China manufacturing PMI rose more than expected to its best level in 5 months and (2) strength in the euro after Spain's borrowing costs declined when it sold 4.5 billion euros of debt, its maximum target, with the 3-year notes yielding 2.617%, down from 3.332% at a similar auction last month.
  • Apr crude oil prices this morning are down -92 cents a barrel and Apr gasoline is -4.48 cents per gallon. Crude oil and gasoline prices Thursday moved higher as Iranian concerns and strong global economic data offset signs of increased Saudi Arabian oil production: CLJ12 +$1.77, RBJ +8.18. Apr gasoline surge to a 9-1/2 month high. Bullish factors included (1) the weaker dollar, which boosts investment demand in commodities, (2) the unexpected decline in weekly initial U.S. unemployment claims that matched their lowest level in nearly 4 years, which signals economic strength that is positive for fuel demand, (3) the larger-than-expected increase in China's Feb manufacturing PMI, which indicates economic strength that may boost energy demand in the world's second-largest crude oil consumer, and (4) heightened geopolitical tensions over Iran after the U.S. Air Force chief of staff said the Joint Chiefs of Staff have prepared military options to strike Iranian nuclear sites in the event of a conflict. Bearish factors included (1) the unexpected increase in the Jan Euro-Zone unemployment rate to a 14-3/4 year high of 10.7%, which may keep European fuel demand constrained and (2) ramped up crude production in Saudi Arabia which increased its uses oil rigs in Jan to 49, the most in 4 years and more than double the 23 oil rigs it used a year earlier.
Today's U.S. Earnings Reports Earnings reports (confirmed releases, sorted by mkt cap): BIG-Big Lots (BEST earnings consensus $1.74), XLS-Exelis (0.56), GCO-Genesco (1.67), MITI-Micromet (-0.24), ACHN-Achillion Pharmaceuticals (-0.16), REN-Resolute Energy (0.12), KWR-Quaker Chemical (0.75), SMP-Standard Motor Products (0.17).
Global Financial Calendar
Friday 3/2/12
United States
2000 ET St. Louis Fed President Bullard speaks on the ?U.S. Economy in the Aftermath of the Financial Crisis,? at the BMO Bank of Montreal Lecture.
Germany
0200 ET Jan German retail sales expected +0.5% m/m and +0.2% y/y, Dec +0.1% m/m and -0.9% y/y.
United Kingdom
0430 ET Feb U.K. PMI construction expected +0.3 to 51.7, Jan -1.8 to 51.4.
Euro-Zone
0500 ET Jan Euro-Zone PPI expected +0.5% m/m and +3.5% y/y, Dec -0.2% m/m and +4.3% y/y.
Canada
0830 ET Dec Canada GDP expected +0.3% m/m and +1.8% y/y, Nov -0.1% m/m and +2.0% y/y.
CHI
2000 ET Feb China non-manufacturing PMI, Jan -3.1 to 52.9.

Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

Whole Foods (WFM) Barchart Chart of the Day

Barchart.coms Chart of the Day - Whole Foods Market (WFM)
Related Stocks
WFM - Whole Foods Market
Sym Last Chg Pct
WFM 82.97 +0.80 +0.97%
The "Chart of the Day" is Whole Foods Market (WFM), which showed up on Thursday's Barchart "All Time High" list. Whole Foods on Thursday edged to a new all-time high of $82.44 and closed up 1.77%. TrendSpotter has been Long since Jan 4 at $71.49. Whole Foods was last featured on "Chart of the Day" when the stock on Feb 8 closed at $77.93. In recent news on the stock, Whole Foods on Feb 8 reported Q1 EPS of 65 cents, above the consensus of 65 cents. RBC Capital on Feb 1 reiterated its Outperform rating on Whole Foods and raised its target on the stock to $85 from $74. Whole Foods, with a market cap of $14 billion, is the largest purveyor of natural foods in the world.

wfm_700_01
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
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.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports

Thursday, March 1, 2012

3 Small Cap S&P 600 stocks on the move up

This morning I used Barchart to screen the Small Cap S&P 600 stocks to find those having the most steady upward momentum and found Synnex (SNX), Kapstone Paper & Packaging (KS) and Seacor Smit (CKH)

Synnex (SNX)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 15.91% in the last month
  • Relative Strength Index 82.46%
  • Barchart computes a technical support level at 40.65
  • Recently traded at 41.23 with a 50 day moving average of 35.40
Kapstone Paper & Packaging (KS)


Barchart technical indicators:
  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving average
  • 16 new highs and up 16.66% in the last month
  • Relative Strength Index 65.90%
  • Barchart computes a technical support level at 19.63
  • Recently traded at 20.10 with a 50 day moving average of 19.88
Seacor Smit (CKH)


Barchart technical indicators:
  • 72% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 6.16% in the last month
  • Relative Strength Index 63.18%
  • Barchart computes a technical support level at 98.11
Recently traded at 98.88 with a 50 day moving average of 92.95



Barchart Morning Call 3/1

Barchart Morning Call
Overnight Developments
  • Global stocks this morning are mixed with the Euro Stoxx 50 up +0.67% and Mar S&Ps up +3.60 points. The dollar and Treasuries are lower and commodities gained as Spanish borrowing costs declined. Spain sold 4.5 billion euros of debt, its maximum target, with the 3-year notes yielding 2.617%, down from 3.332% at a similar auction last month. EU leaders will debate how to increase the region's bailout fund at a 2-day summit starting today in Brussels. European and U.S. stocks received a boost after Feb China PMI manufacturing expanded more than expected, while Feb German PMI was unexpectedly revised up to 50.2 from the originally reported 50.1. The euro fell back to little changed against the dollar after the Feb Euro-Zone CPI estimate unexpectedly accelerated to +2.7% y/y, stronger than expectations of +2.6% y/y, while Jan Euro-Zone unemployment rate unexpectedly rose +0.1 to 10.7%, the highest in 14-1/4 years.
  • Asian stocks today closed mostly lower with Japan down -0.16%, China -0.03%, Australia -1.00%, South Korea closed for holiday, India -0.95%. Asian stocks played catch-up with other global stock bourses as they shed early gains and finished lower. Losses in Japanese stocks were limited after Q4 Japan capital spending excluding software unexpectedly rose +4.9% y/y, stronger than expectations of -7.4% y/y and the largest gain in 4-3/4 years. Chinese stocks were little changed as growth in the manufacturing industry for a third straight month overshadowed concern the nation's tight monetary policies will restrict economic expansion. The Feb China manufacturing PMI rose +0.5 to 51.0, stronger than expectations of +0.3 to 50.8 and its best level in 5 months.
Overnight U.S. Stock News
  • March S&Ps this morning are trading up +3.60 points. The U.S. stock market Wednesday fell back from multi-year highs and closed lower after Fed Chairman Bernanke gave no indication the Fed is considering additional stimulus measures: Dow Jones -0.41%, S&P 500 -0.47%, Nasdaq Composite -0.67%. The S&P 500 and the Dow posted 3-3/4 year highs and the Nasdaq posted an 11-year high, but they all erased their advance and closed lower. Bearish factors Wednesday included (1) testimony to Congress from Fed Chairman Bernanke in which he gave no indication the Fed is considering additional easing measures to spur the economy, (2) weakness in energy and raw material producers after a rebound in the dollar prompted long liquidation in most commodities, and (3) profit-taking in stocks after the S&P 500 rallied nearly 20% in the past 3-months up to Wednesday's 3-3/4 year high.
  • Bullish factors included (1) the unexpected upward revision to Q4 U.S. GDP (+3.0 annualized versus expectations of no change at 2.8% annualized), (2) the bigger-than-expected increase in the Feb Chicago PMI which expanded at its fastest pace in 10-months (+3.8 to 64.0 versus expectations of +0.8 to 61.0), (3) comments from Dallas Fed President Fisher who said the risks of a recession have fallen in recent months as the U.S. economy is accelerating as businesses increase hiring, and (4) the upbeat assessment of the economy in the Fed's Beige book that said the U.S. economy expanded at a "modest to moderate pace" in Jan and early Feb, fueled by manufacturers, including automakers.
Today's Market Focus
  • June 10-year T-notes this morning are down -10.5 ticks. T-note prices Wednesday closed lower on strong U.S. economic data along with comments from Fed Chairman Bernanke that dampened speculation the Fed will expand its stimulus measures: TYM2 -14.0, FVM2 -7.0, EDU2 +2.5. Bearish factors Tuesday included (1) the unexpected upward revision to Q4 U.S. GDP (+3.0 annualized versus expectations of no change at 2.8% annualized), (2) the bigger-than-expected increase in the Feb Chicago PMI which expanded at its fastest pace in 10-months (+3.8 to 64.0 versus expectations of +0.8 to 61.0), (3) disappointment that Fed Chairman Bernanke failed to hint at QE 3 or any other additional Fed stimulus measures, and (4) comments from Dallas Fed President Fisher who said the risks of a recession have fallen in recent months as the U.S. economy is accelerating as businesses increase hiring. Bullish factors included (1) the Fed's purchase of $1.813 billion of long-term Treasuries as part of its Operation Twist program to replace $400 billion of shorter-maturity Treasuries in its holdings with longer-term debt to cap borrowing costs and (2) increased safe-haven demand for Treasuries as stock prices weakened.
  • The dollar index this morning is weaker with the dollar/yen -0.13 yen and the euro/dollar +0.09 cents. The dollar index Wednesday recovered from a 2-3/4 month low and settled higher when the euro weakened after European banks took more ECB 3-year loans than expected and after Fed Chairman Bernanke dampened speculation of further Fed easing: Dollar Index +0.464, USDJPY +0.686, EURUSD -0.01332. Bullish factors included (1) weakness in the euro after the ECB allotted 529.5 billion euros in 3-year funds to European banks, more than estimates of 470 billion euros, (2) the unexpected decline in Jan French consumer spending for a second month, which is euro negative, and (3) comments from Fed Chairman Bernanke who said "We have seen some positive developments in the labor market," which dampened speculation the Fed would increase its dollar negative stimulus measures. Bearish factors included (1) strength in the pound which rallied to a 3-1/2 month high against the dollar after Jan U.K. mortgage approvals climbed +58,728, the most in 2-1/2 years and (2) the statement from the IMF that it backs currency intervention as a valid instrument for central banks to use against excessive volatility in foreign-exchange markets.
  • Apr crude oil prices this morning are up +21 cents a barrel and Apr gasoline is +0.88 of a cent per gallon. Crude oil and gasoline prices Wednesday slipped to 1-week lows on dollar strength but recovered their losses and settled higher on signs the U.S. economy is expanding: CLJ12 +$0.52, RBJ +3.25. Bullish factors included (1) the larger-than-expected decline in weekly DOE gasoline stockpiles (-1.60 million bbl versus expectations of -350,000), (2) the unexpected upward revision to Q4 US GDP to 3.0% annualized from 2.8% annualized, which signals increased energy consumption, and (3) the larger-than-expected increase in the Feb Chicago PMI to its best level in 10 months, which signals increased fuel demand. Bearish factors included (1) a rebound in the dollar after the dollar index recovered from a 2-3/4 month low and closed higher, which discourages investment demand in commodities, (2) the larger-than-expected increase in weekly DOE crude stockpiles to their highest in 5 months (+4.16 million bbl to 344.9 million versus expectations of +1.1 million bbl), (3) Fed Chairman Bernanke's testimony to Congress in which he gave no indications of additional Fed stimulus measures, and (4) Bloomberg data that showed Feb OPEC crude output increased by +255,000 barrels to an average of 31.055 million barrels a day, a 3-1/4 year high.
Today's U.S. Earnings Reports Earnings reports (confirmed releases, sorted by mkt cap): KR-Kroger (BEST earnings consensus $0.49), KOS-Kosmos Energy Ltd. (0.11), FL-Foot Locker (0.51), DRC-Dresser-Rand Group (0.94), WRI-Weingarten Realty Investors (0.09), ASNA-Ascena Retail Group (0.67), ESL-Esterline Technologies (0.65), VNR-Vanguard Natural Resources LLC (0.53), DIN-DineEquity (0.87), PRIM-Primoris Services (0.22), SPPI-Spectrum Pharmaceuticals (0.30), PETD-Petroleum Development (0.21), TPC-Tutor Perini (0.75), NAT-Nordic American Tankers Ltd. (-0.34).
Global Financial Calendar
Thursday 3/1/12
United States
0830 ET Weekly initial unemployment claims expected +4,000 to 355,000, previous unchanged at 351,000. Weekly continuing claims expected +23,000 to 3.415 million, previous 52,000 to 3.392 million.
0830 ET Jan personal spending expected +0.4%, Dec unchanged. Jan personal income expected +0.4%, Dec +0.5%. Jan PCE deflator expected +2.3% y/y, Dec +2.4% y/y. Jan PCE core deflator expected +0.2% m/m and +1.9% y/y, Dec +0.2% m/m and +1.8% y/y.
1000 ET Fed Chairman Ben Bernanke delivers semi-annual monetary policy report to the Senate Banking Committee.
1000 ET Jan construction spending expected +1.0%, Dec +1.5%.
1000 ET Feb ISM manufacturing index expected +0.4 to 54.5, Jan +1.0 to 54.1. Feb ISM prices paid sub-index expected +2.5 to 58.0, Jan +8.0 to 55.5.
1030 ET Feb ICSC chain store sales, Jan +4.8% y/y.
1030 ET Fed Governor Sarah Bloom Raskin speaks on the economic outlook at the Unitarian Church in Westport, CT.
1230 ET Atlanta Fed President Dennis Lockhart speaks to the Atlanta Fed?s Banking Outlook Conference on the economy and banking.
1700 ET Feb total vehicle sales expected 14.00 million, Jan 14.13 million. Feb domestic vehicle sales expected 11.0 million, Jan 11.05 million.
1630 ET Weekly money supply report and Fed balance sheet.
2330 ET San Francisco Fed President John Williams speaks at the CFA?s Economic Forecast Dinner in Honolulu, HI.
Japan
0000 ET Feb Japan vehicle sales, Jan +40.7% y/y.
1830 ET Jan Japan job-to-applicant ratio expected 0.72, Dec 0.71. Jan jobless rate expected -0.1 to 4.5%, Dec +0.1 to 4.6%.
1830 ET Jan Japan overall household spending expected -0.9% y/y, Dec +0.5% y/y.
1830 ET Feb Tokyo CPI expected -0.2% y/y, Jan -0.3% y/y. Feb Tokyo CPI ex-fresh food expected -0.4% y/y, Jan -0.4% y/y. Feb Tokyo CPI ex food & energy expected -1.1% y/y, Jan -1.1% y/y.
1830 ET Jan Japan national CPI expected -0.1% y/y, Dec -0.2% y/y. Jan national CPI ex-fresh food expected -0.2% y/y, Dec -0.1% y/y. Jan national CPI ex food & energy expected -1.1% y/y, Dec -1.1% y/y.
France
0130 ET Q4 French ILO mainland unemployment rate expected +0.2 to 9.5%, Q3+0.2 to 9.3%. Q4 mainland unemployment change, Q3 +37,000.
0350 ET Revised Feb French PMI manufacturing expected no change at 50.2.
Germany
0355 ET Revised Feb German PMI manufacturing expected no change at 50.1.
United Kingdom
0430 ET Feb U.K. PMI manufacturing expected -0.1 to 52.0, Jan +2.4 to 52.1.
Euro-Zone
0500 ET Feb Euro-Zone CPI estimate expected +2.6% y/y, Jan +2,7% y/y.
0500 ET Jan Euro-Zone unemployment rate expected unchanged at 10.4%, Dec unchanged at 10.4%.
1100 ET EU leaders hold a 2-day summit in Brussels.
Canada
0830 ET Jan Canada industrial product prices expected +0.3% m/m, Dec -0.7% m/m.
0830 ET Jan Canada raw materials price index expected -0.5% m/m, Dec -2.4% m/m.

Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

IHS Inc - IHS - Barchart Chart of the Day

Barchart.coms Chart of the Day - IHS Inc (IHS)
Related Stocks
IHS - Ihs Inc.
Sym Last Chg Pct
IHS 94.57 +1.27 +1.36%
The "Chart of the Day" is IHS Inc (IHS), which showed up on Wednesday's Barchart "All Time High" list. IHS on Wednesday edged to a new all-time high of $94.74 and closed up 1.36%. TrendSpotter has been Long since Jan 10 at $91.11. In recent news on the stock, IHS on Feb 29 reaffirmed its FY12 guidance of $1.50-1.55 billion in revenue and adjusted EBITDA of $480-495 million. IHS, with a market cap of $6 billion, is one of the leading global providers of critical technical information, decision-support tools and related services to customers in a number of industries including energy, defense, aerospace, construction, electronics, and automotive.

ihs_700_01
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
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.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports

Wednesday, February 29, 2012

3 Mid Cap S&P 400 stocks on the move up

Today I used Barchart to screen the Mid Cao S&P 400 stocks to find 3 with consistent upward momentumand found Synopsys (SNPS), Cimarex Energy (XEC) and Domtar Corp (UFS):

Synopsys (SNPS)


Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 4.16% in the last month
  • Relative Strength Index 62.53%
  • Barchart computes a technical support level at 30.11
  • Recently traded at 30.43 with a 50 day moving average of 28.77
Cimarex Energy (XEC)



Barchart technical indicators:
  • 64% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 39.98% in the last month
  • Relative Strength Index 65.51%
  • Barchart computes a technical support level at 77.94
  • Recently traded at 80.81 with a 50 day moving average of 66.24
Domtar Corp (UFS)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 9.39% in the last month
  • Relative Strength Index 76.45%
  • Barchart computes a technical support level at 94.01Recently traded at 95.93 with a 50 day moving average of 87.65





Barchart Morning Call 2/29

Barchart Morning Call
Overnight Developments
  • Global stocks this morning are mostly higher with the Euro Stoxx 50 up +0.37% and Mar S&Ps up +2.60 points. Treasuries and the euro declined, while stocks rallied after the ECB allotted 529.5 billion euros in 3-year funds, more than estimates of 470 billion euros. Euro-Zone inflation unexpectedly slowed in Jan as the Jan Euro-Zone CPI rose +2.6% y/y, weaker than expectations of +2.7% y/y, while Jan core CPI climbed +1.5% y/y, weaker than expectations of +1.7% y/y. Stock gains were limited though, after Jan French consumer spending unexpectedly declined for a second month, -0.4% m/m versus expectations of +0.2% m/m, as the rise in French jobless claims to a 12-year high in Jan restrained household confidence. The British pound rose to a 3-1/2 month high against the dollar after Jan U.K. mortgage approvals climbed +58,728, more than expectations of +54,000 and the highest in 2-1/2 years as first-time buyers rushed to take advantage of a property tax exemption before it ends next month.
  • Asian stocks today closed mostly higher with Japan up +0.01%, China -1.06%, Australia +0.84%, South Korea +1.40%, India +0.12%. Asian stocks closed mostly higher after Feb U.S. consumer confidence beat expectations and factory output in Japan and South Korea gained, which bolstered optimism for global demand. Japan's Nikkei 225 Stock Index posted a 6-3/4 month high after Jan Japan industrial production rose +2.0% m/m, stronger than expectations of +1.5% m/m, while South Korea's Kospi Stock Index also posted a 6-3/4 month high after Jan South Korean industrial production unexpectedly surged +3.3% m/m, when expectations were for a decline of -0.5% m/m. China's Shanghai Stock Index finished lower as property developers and builders declined on concern the government will retain curbs to keep housing prices down this year.
Overnight U.S. Stock News
  • March S&Ps this morning are trading up +2.60 points. The U.S. stock market Tuesday settled higher on carry-over strength from European stocks on optimism that Wednesday's liquidity injection by the ECB will help spur growth along with the larger-than-expected increase in Feb U.S. consumer confidence: Dow Jones +0.18%, S&P 500 +0.34%, Nasdaq Composite +0.69%. The S&P 500 posted a 3-3/4 year high and the Nasdaq posted an 11-year high. Bullish factors Tuesday included (1) optimism the European economy can overcome the negative effects of its debt crisis after Feb Euro-Zone economic confidence rose more than expected along with expectations the ECB's second round of unlimited 3-year loans to European banks on Wednesday will stimulate economic growth, (2) the larger-than-expected increase in Feb U.S. consumer confidence that rose to its best level in a year (+9.3 to 70.8, stronger than expectations of +1.9 to 63.0), and (3) the stronger-than-expected Feb Richmond Fed manufacturing index which climbed to its best level in a year (+8 to 20, better than expectations of +1 to 13).
  • Bearish factors included (1) the action by Standard & Poor's late Monday cut Greece's credit ratings to "selective default," (2) the larger-than-expected decrease in Jan U.S. durable good orders which had their biggest decline in 3 years (-4.0% -3.2% ex transportation, weaker than expectations of -1.0% and unchanged ex transportations, and (3) concern the U.S. housing crisis has yet to hit bottom after the greater-than-expected decline in Dec S&P/CaseShiller composite-20 home prices (-0.5% m/m and -4.0% y/y, weaker than expectations of -0.4% m/m and -3.6% y/y).
Today's Market Focus
  • March 10-year T-notes this morning are down -1.5 ticks. T-note prices Tuesday climbed to a 3-week high and settled higher for a second day on increased safe-haven demand on concern the European sovereign-debt crisis has yet to be contained along with a plunge in Jan U.S. durable good orders: TYH2 +1.5, FVH2 +2.0, EDU2 +2.0. Bullish factors Tuesday included (1) increased safe-haven demand for Treasuries after Standard & Poor's late Monday cut Greece's credit ratings to "selective default," (2) the larger-than-expected decrease in Jan U.S. durable good orders which had their biggest decline in 3 years (-4.0% -3.2% ex transportation, weaker than expectations of -1.0% and unchanged ex transportation, (3) the greater-than-expected decline in Dec S&P/CaseShiller composite-20 home prices (-0.5% m/m and -4.0% y/y, weaker than expectations of -0.4% m/m and -3.6% y/y), and (4) the Fed's purchase of $4.952 billion of long-term Treasuries as part of its Operation Twist program to replace $400 billion of shorter-maturity Treasuries in its holdings with longer-term debt to cap borrowing costs. Bearish factors included (1) the larger-than-expected increase in Feb U.S. consumer confidence that rose to its best level in a year (+9.3 to 70.8, stronger than expectations of +1.9 to 63.0), (2) the stronger-than-expected Feb Richmond Fed manufacturing index which climbed to its best level in a year (+8 to 20, better than expectations of +1 to 13), and (3) reduced safe-haven demand for Treasuries as the equity market strengthened.
  • The dollar index this morning is higher with the dollar/yen -0.03 yen and the euro/dollar -0.08 cents. The dollar index Tuesday sank to a 2-1/2 month low settled lower on reduced safe-haven demand after the stock market rallied along with strength in the euro after Italian borrowing costs fell: Dollar Index -0.295, USDJPY -0.148, EURUSD +0.00601. Bearish factors included (1) reduced safe-haven demand for the dollar after the S&P 500 posted a 3-3/4 year high and (2) strength in the euro after Italy sold 3.75 billion euros of 10-year bonds, its maximum target, at a yield of 5.5%, down from 6.08% at a similar auction last month and the lowest yield in 5-months. Bullish factors included (1) the larger-than-expected increase in Feb U.S. consumer confidence to its best level in a year and (2) increased safe-haven demand for the dollar after the action by Standard & Poor's late Monday to cut Greece's credit ratings to "selective default" after Greece negotiated the biggest sovereign-debt restructuring in history.
  • Apr crude oil prices this morning are up +45 cents a barrel and Apr gasoline is +2.38 cents per gallon. Crude oil and gasoline prices Tuesday settled lower for a second day after Jan U.S. durable goods orders plunged and Dec U.S. home prices weakened more than expected, which may signal slower growth and fuel demand: CLJ12 -$2.01, RBJ -6.80. Bearish factors included (1) concern over economic growth and energy demand after Jan US durable good orders fell by the most in 3 years, and (2) the larger-than-expected decline in Dec S&P/CaseShiller U.S. home prices, which indicates the housing slump continues and may keep fuel demand constrained. Bullish factors included (1) the fall in the dollar index to a 2-1/2 month low, which benefits the prices of most commodities and (2) the larger than expected increase in Feb U.S. consumer confidence to its best level in a year, which may lead to an increase in consumer spending and fuel demand. Expectations for Wednesday's weekly inventory report from the DOE are for crude oil supplies to climb +1.1 million bbl, gasoline stockpiles to fall -350,000 bbl, distillate inventories to decline -500,000 bbl and the refinery utilization rate to climb +0.3 to 85.8% of capacity.
Today's U.S. Earnings Reports Earnings reports (confirmed releases, sorted by mkt cap): COST-Costco Wholesale (BEST earnings consensus $0.87), EIX-Edison International (0.46), SPLS-Staples (0.41), JOY-Joy Global (1.36), CNP-CenterPoint Energy (0.19), PETM-PetSmart (0.90), MDR-McDermott International (0.19), BWC-Babcock & Wilcox (0.41), EVEP-EV Energy Partner LP (0.58), BID-Sotheby's (1.25), TIE-Titanium Metals (0.16), CRI-Carter's (0.44), AH-Accretive Health (0.16), GEF-Greif (0.59), MDVN-Medivation (-0.30).
Global Financial Calendar
Wednesday 2/29/12
United States
0700 ET Weekly MBA mortgage applications, previous -4.5% with purchase mortgage sub-index -2.9% and refinancing sub-index -4.8%.
0830 ET Revised Q4 U.S. GDP expected +2.8% annualized, previous +2.8% annualized. Q4 personal consumption, previous +2.0%. Q4 GDP price index, previous +0.4%. Q4 core PCE, previous +1.1% q/q.
0930 ET Dallas Fed President Richard Fisher speaks at the Mexican Stock Exchange on the U.S. economy.
0945 ET Feb Chicago PMI expected +0.8 to 61.0, Jan -2.0 to 60.2.
1000 ET Fed Chairman Ben Bernanke delivers semi-annual monetary policy report to the House Financial Services Committee.
1025 ET Dallas Fed President Richard Fisher speaks on fiscal reforms at an event in Mexico City.
1300 ET Philadelphia Fed President Charles Plosser speaks to economists at the Cornell Club in New York.
1400 ET Fed?s Beige Book.
Japan
0000 ET Jan Japan construction orders, Dec +1.5% y/y.
0000 ET Jan Japan housing starts expected -3.3% y/y to 808,000. Dec -7.3% y/y to 783,000.
1850 ET Q4 Japan capital spending excluding software expected -7.4% y/y, Q3 -11.0% y/y Q4 capital spending expected -6.5% y/y, Q3 -9.8% y/y.
Germany
0200 ET Jan German import price index expected +0.7% m/m and +3.0% y/y, Dec +0.3% m/m and +3.9% y/y.
0355 ET Feb German unemployment change expected -5,000, Jan -34,000. Feb unemployment rate expected unchanged at 6.7%, Jan -0.1 to 6.7%.
France
0245 ET Jan French consumer spending expected +0.2% m/m and -2.1% y/y, Dec -0.7% m/m and -3.1% y/y.
United Kingdom
0430 ET Jan U.K. net consumer credit expected +0.3 billion pounds, Dec -0.4 billion pounds.
0430 ET Jan U.K. mortgage approvals expected +54,000, Dec +52,900.
0430 ET Jan U.K. M4 money supply, Dec -1.4% m/m and -2.5% y/y.
Euro-Zone
0500 ET Jan Euro-Zone CPI expected-0.8% m/m and +2.7% y/y, Dec +0.3% m/m and +2.7% y/y. Jan core CPI expected +1.7% y/y, Dec +1.6% y/y.
1100 ET Jean-Claude Juncker, leader of the Euro-Zone finance ministers, speaks to the European Parliament?s economic and monetary affairs committee and holds a press conference afterward.
Canada
0900 ET Dec Canada Teranet/National Bank HPI, Nov -0.2% m/m and +7.1% y/y.
CHI
2000 ET Feb China manufacturing PMI expected +0.3 to 50.8, Jan +0.2 to 50.5.

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CF Industries (CF) - Barchart Chart of the Day

Barchart.coms Chart of the Day - CF Industries (CF)
Related Stocks
CF - Cf Industries Holdings
Sym Last Chg Pct
CF 187.03 -4.53 -2.36%
The "Chart of the Day" is CF Industries (CF), which showed up on Tuesday's Barchart "All Time High" list. CF Industries on Tuesday posted a new all-time high of $195.48 and closed up 1.28%. TrendSpotter has been Long since Jan 4 at $157.99. In recent news on the stock, CF Industries on Feb 15 reported Q4 EPS of $6.66, which was lower than the consensus of $6.83. However, the company said it expects margins and volumes to be sustained at high levels. Lazard Capital on Feb 16 said CF Industries should be bought aggressively on weakness because it believes the company is poised for a strong 2012. Lazard reiterated its Buy rating for the stock and raised its target to $205 from $195. CF Industries, with a market cap of $12 billion, is a major producer and distributor of nitrogen and phosphate fertilizer products.

cf_700
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
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.
  • TrendSpotter: Buy
  • Short-Term Indicators: 80% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 96% Buy


Barchart links for further information:

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Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports

Tuesday, February 28, 2012

3 Large Cap S&P 500 stocks on the move

This morning I used Barchart to screen the Large Cap S&P 500 stocks to find the 3 with the most consistent new highs and found Conocophillips (COP), Metropcs Communications (PCS) and Cincinnati Financial (CINF) .  The charts are hourly trading charts over the past 28 trading sessions:

Conocophillips (COP)


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 10.13% in the last month
  • Relative Strength Index 73.56%
  • Barchart computes a technical support level at 75.18
  • Recently traded at 76.43 with a 50 day moving average of 71.67
Metropcs Communications (PCS)


Barchart technical indicators:
  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 35.35% in the last month
  • Relative Strength Index 82.17%
  • Barchart computes a technical support level at 11.46
  • Recently traded at 11.83 with a 50 day moving average of 9.09
Cincinnati Financial (CINF)


Barchart technical indicators:
  • 80% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 8.32% in the last month
  • Relative Strength Index 73.35%
  • Barchart computes a technical support level at 34.98
  • Recently traded at 35.67 with a 50 day moving average of 32.40




Barchart Morning Call 2/28

Barchart Morning Call
Overnight Developments
  • Global stocks this morning are higher with the Euro Stoxx 50 up +0.10% and Mar S&Ps up +4.50 points. The euro strengthened against the dollar, stocks rose and commodities were mixed as the markets expect a further boost from liquidity injections from the ECB. Market expectations are for European banks to tap the ECB for 470 billion euros in 3-year funds as the central bank provides a second round of unlimited funds tomorrow to support banks. ECB Council member Nowotny said the ECB's second 3-year loan to be allotted tomorrow "will have an even more direct effect for the real economy" as the first one "was really for banks to get their house in order." The euro and stocks also reacted positively after Italy sold 3.75 billion euros of 10-year bonds, its maximum target, at a yield of 5.5%, down from 6.08% at a similar auction last month and the lowest yield in 5-months. Economic confidence in the Euro-Zone improved more than forecast after the Feb Euro-Zone economic confidence rose +1.0 to 94.4, stronger than expectations of +0.6 to 94.0. The market basically ignored the action late yesterday by Standard & Poor's to cut Greece's credit ratings to "selective default" after Greece negotiated the biggest sovereign-debt restructuring in history.
  • Asian stocks today closed mostly higher with Japan up +0.92%, China +0.22%, Australia -0.11%, South Korea +0.82%, India +1.64%. Jan Japan retail sales jumped +4.1% m/m and +1.9% y/y, stronger than expectations of +1.0% m/m and -0.1% y/y, as car sales surged +24%, the most in 22 years, after the Japanese government re-introduced a subsidy for buyers of energy-efficient cars. Elsewhere in Asia, South Korea posted a -$772.2 million current account deficit in Jan, its first shortfall nearly 2 years as exports declined due to Europe's debt crisis and the Lunar New Year holiday. Chinese stocks shook off early losses and closed higher after the China Securities Journal reported that China has relaxed lending curbs on local government financing vehicles to help prevent default risks as the peak period for loan repayments approaches. The report said banks can continue providing credit to such companies to complete projects already started, buy land reserves and build roads, which may help local government financing vehicles cope with a liquidity crunch as they spend money building infrastructure projects that won't generate income immediately to cover repayments.
Overnight U.S. Stock News
  • March S&Ps this morning are trading up +4.50 points. The U.S. stock market Monday opened lower after G-20 nations rebuffed calls from Euro-Zone nations for more bailout funding but then shed their losses and settled mostly higher after U.S. pending home sales rose more than expected: Dow Jones -0.01%, S&P 500 +0.14%, Nasdaq Composite +0.08%. The S&P 500 posted a 9-3/4 month high and the Nasdaq posted an 11-year high. Bullish factors Monday included (1) the larger-than-expected increase in Jan U.S. pending home sales along with an upward revision to Dec (Jan +2.0% m/m versus expectations of +1.0% and Dec revised up to a -1.9% m/m decline from the originally reported -3.5% m/m decline), (2) the action by the lower house of the German parliament to vote for approval of Germany's participation in the Greek bailout, and (3) reduced liquidity concerns for European banks after the Euribor-OIS spread, a measure of European banks' reluctance to lend to one another, narrowed to a 5-3/4 month low.
  • Bearish factors included (1) carry-over weakness from a slide in European stocks after G-20 nations that met over the weekend in Mexico City refused to increase their financial support to help resolve the European debt crisis, (2) the warning from IMF Managing Director Lagarde said the world economy is "not out of the danger zone" amid fragile financial systems, high public and private debt and rising oil prices, and (3) the statement from Moody's Investors Service that Greek default risk "remains high."
  • Newmont Mining (NEM) rose 1% in European trading as the prices of gold and copper advanced in overnight trade.
Today's Market Focus
  • March 10-year T-notes this morning are up +1.5 ticks. T-note prices Monday climbed to a 1-week high and settled higher on increased safe-haven demand after the IMF warned on the global economy and G-20 nations refused to increase financial support for debt-stricken Euro-Zone nations: TYH2 +14.0, FVH2 +8.2, EDM2 +2.5. Bullish factors Monday included (1) the warning from IMF Managing Director Lagarde who said the world economy is "not out of the danger zone" amid fragile financial systems, high public and private debt and rising oil prices, (2) the refusal from G-20 nations that met over the weekend in Mexico City to increase their financial support to help resolve the European debt crisis, (3) the statement from Moody's Investors Service that Greek default risk "remains high," and (4) the Fed's purchase of $4.959 billion of long-term Treasuries as part of its Operation Twist program to replace $400 billion of shorter-maturity Treasuries in its holdings with longer-term debt to cap borrowing costs. Bearish factors included (1) the larger-than-expected increase in Jan U.S. pending home sales along with an upward revision to Dec (Jan +2.0% m/m versus expectations of +1.0% and Dec revised up to a -1.9% m/m decline from the originally reported -3.5% m/m decline), and (2) reduced liquidity concerns in Europe after the Euribor-OIS spread, a measure of European banks' reluctance to lend to one another, fell to a 5-3/4 month low.
  • The dollar index this morning is weaker with the dollar/yen -0.13 yen and the euro/dollar +0.50 cents. The dollar index Monday settled higher on increased safe-haven demand after G-20 nations rebuffed Euro-Zone countries call for increased aid along with indications the U.S. economy was improving after Jan pending home sales rose more than expected: Dollar Index +0.216, USDJPY -0.584, EURUSD -0.00485. Bullish factors included (1) weakness in the euro after Moody's Investors Service said Greek default risk "remains high" along with the actions of the G-20 nations meeting in Mexico City over the weekend who refused to increase funds to Euro-Zone nations that are still trying to resolve the region's debt crisis, (2) the larger-than-expected increase in Jan U.S. pending home sales along with an upward revision to Dec pending home sales, which signals economic strength and is dollar supportive, and (3) the warning from IMF Managing Director Lagarde who said the world economy is "not out of the danger zone." Bearish factors included (1) reduced funding concerns for European banks that is euro bullish after the Euribor-OIS spread, a measure of European banks' reluctance to lend to one another, fell to 64.7 bp between the euro interbank offered rate and overnight indexed swaps, a 5-3/4 month low, and (2) the stronger than expected Jan Euro-Zone M3 money supply, which is euro supportive.
  • Apr crude oil prices this morning are down -47 cents a barrel and Apr gasoline is -3.80 cents per gallon. Crude oil and gasoline prices Monday fell back and settled lower after the G-20 refuted calls from Euro-Zone countries for increased aid to help them with their debt crisis along with the IMF's warning on the global economy: CLJ12 -$1.21, RBJ -2.20. Bearish factors included (1) strength in the dollar, which is negative for most commodities, (2) the G-20's refusal to increase aid to the IMF to help contain the European debt crisis, which adds to concern the crisis will slow the economy and fuel demand, (3) the warning from IMF Managing Director Lagarde who said the world economy is "not out of the danger zone," which signals energy demand may remain constrained, and (4) the statement from the NOC of Libya that Libyan crude output is at 1.4 million barrels a day now and will increase to 1.5 million by April and up to 1.7 million barrels a day by the end of this year, which indicates an increase in global crude supplies. Bullish factors included (1) heightened geopolitical tensions over Iran after Russian Prime Minister Putin warned that a strike against Iran from any Western nation would be "truly catastrophic," and (2) the reversal in stocks which shook off early losses and moved higher, which bolsters expectations for a strong economy and energy demand.
Today's U.S. Earnings Reports Earnings reports (confirmed releases, sorted by mkt cap): ECL-Ecolab (BEST earnings consensus $0.70), FE-FirstEnergy (0.75), AZO-AutoZone (4.01), SRE-Sempra Energy (1.06), PGR-Progressive (0.39), WFT-Weatherford International (0.32), HFC-HollyFrontier (1.25), MWE-MarkWest Energy Partners LP (0.49), XYL-Xylem (0.43), RDC-Rowan Cos. (0.31), CVC-Cablevision Systems (0.24), TEG-Integrys Energy Group (0.98), CHKM-Chesapeake Midstream Partners (0.43), NRG-NRG Energy (-0.17), ARCC-Ares Capital Corp. (0.40), FSLR-First Solar (1.57).
Global Financial Calendar
Tuesday 2/28/12
United States
0745 ET ICSC (Int?l Council of Shopping Centers) weekly retailer sales.
0830 ET Jan Durable goods orders expected -1.0% and unchanged ex transportation, Dec +3.0% and +2.2% ex transportation.
0855 ET Redbook weekly retailer sales.
0900 ET Dec S&P/CaseShiller compostite-20 home price index expected -0.4% m/m and -3.6% y/y, Nov -0.7% m/m and -3.7% y/y. Q4 S&P/CaseShiller hole price index expected -4.3% q/q, Q3 -3.9% y/y.
1000 ET Feb U.S. consumer confidence (Conference Board) expected +1.9 to 63.0, Jan -3.7 to 61.1
1000 ET Fed Governor Elizabeth Duke testifies to Senate Banking Committee on ?State of the Housing Market: Removing Barriers to Economic Recovery.?
1000 ET Feb Richmond Fed manufacturing index expected +1 to 13, Jan +9 to 12.
1130 ET Weekly 4-week T-bill auction.
1915 ET Cleveland Fed President Sandra Pianalto speaks on ?Prospects for the Nation and the Region? at the Medina County Economic Development Corporation Annual Meeting.
Germany
0200 ET Mar German GfK consumer confidence survey expected +0.1 to 6.0, Feb +0.2 to 5.9.
0400 ET Germany?s Constitutional Court rules on parliament?s participation in decisions on European financial bailouts.
0800 ET Feb German CPI (EU harmonized) expected +0.% m/m and +2.2% y/y, Jan -0.5% m/m and +2.3% y/y.
Euro-Zone
0500 ET Feb Euro-Zone business climate indicator expected +0.06 to -0.15, Jan +0.11 to -0.21.
0500 ET Revised Feb Euro-Zone consumer confidence, previous -20.2.
0500 ET Feb Euro-Zone economic confidence expected +0.6 to 94.0, Jan +0.6 to 93.4.
Japan
1815 ET Feb Japan Markit/JMMA manufacturing PMI, Jan +0.5 to 50.7.
1850 ET Jan Japan industrial production expected +1.5% m/m and -1.6% y/y, Dec +3.8% m/m and -4.3% y/y.
2300 ET Jan Japan vehicle production, Dec +13.4% y/y.
United Kingdom
1901 ET Feb U.K. GfK consumer confidence survey expected +2 to -27, Jan +4 to -29.

Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

Limited Brands - LTD - Barchart Chart of the Day

Barchart.com's Chart of the Day - Limited Brands (LTD)
Related Stocks
LTD - Limited Brands
Sym Last Chg Pct
LTD 46.86 +0.60 +1.30%
The "Chart of the Day" is Limited Brands (LTD), which showed up on Monday's Barchart "All Time High" list. Limited on Monday posted a new all-time high of $47.03 and closed up 1.30%. TrendSpotter has been Long since Jan 24 at $41.82. In recent news on the stock, Limited on Feb 22 reported Q4 adjusted EPS of $1.50, above the consensus of $1.46. The company also announced a new $500 million share repurchase program. Limited Brands, with a market cap of $13 billion, operates specialty stores in the United States and its brands are sold in company-operated and franchised additional locations worldwide.

ltd_700
How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
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.
  • TrendSpotter: Buy
  • Short-Term Indicators: 80% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 33% Buy
  • Overall Average 80% Buy


Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual


Chart of the Day Archive
View Past Chart of the Day Reports

Monday, February 27, 2012

Pandora - P vs Sirius XM Radio - SIRI

I'm soliciting input for an article I'm researching. Your opinions please:
Between Pandora Media (P) and Sirius XM Radio (SIRI)

A - As an investor which do you think will be the better total return investment over the next 5 years
B - As a consumer which do you seee yourself using more in the future