Friday, May 3, 2013

Walt Disney - Barchart's Chart of the DAy

Summary:

Walt Disney (DIS) is the Chart of the Day.  The stock was right near the top of the New High list when sorted for frequency.  16 new highs and up 13.19% in the last month plus a Trend Spotter buy signal is terrific.


Article:

The Chart of the Day is Walt Disney (DIS).  The stock was right near the top of the New High List when I sorted it for frequency.  The stock has 100% Barchart technical buy signals and a Trend Spotter buy signal.  It is recommended as buy or hold by 24 Wall Street analysts.

The Company is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Studio Entertainment, Theme Parks and Resorts, Consumer Products and Internet and Direct Marketing.


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% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 13.19% in the last month
  • Relative Strength Index 75.84%
  • Barchart computes a technical support level at 62.82
  • Recently traded at 64.80 with a 50 day moving average of 58.42
Fundamental factors:
  • Market Cap $114.83 billion
  • P/E 20.66
  • Dividend yield 1.19%
  • Revenue projected to increase 6.80% this year and another 6.10% next year
  • Earnings estimated to grow 12.70% this year, an additional 12.70% next year and continue to increase by 12.44% annually for the next 5 years
  • Wall Street analysts issued 12 strong buy, 3 buy and 9 hold recommendations
  • Financial Strength A++
Hold until the stock trades below its 50 day moving average.

5 Soaring Stocks

Today's list comes from using Barchart to sort the New High List for frequency and then pan through the charts using the Flipchart feature.  The stocks I chose were Lexington Realty Corp (LXP), Realty Income Corp (O), Vanda Pharmaceuticals (VNDA), Napco Security Technologies (NSSC) and Genomic Health (GHDX):

Lexington Realty Trusts (LXP)



Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 13.12% in the last month
  • Relative Strength Index 71.57%
  • Barchart computes a technical support level at 12.38
  • Recently traded at 13.01 with a 50 day moving average of 11.92


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 12.81% in the last month
  • Relative Strength Index 79.73%
  • Barchart computes a technical support level at 50.28
  • Recently traded at 51.48 with a 50 day moving average of 46.61


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 22.46% in the last month
  • Relative Strength Index 74.52%
  • Barchart computes a technical support level at 4.60
  • Recently traded at 4.82 with a 50 day moving average of 4.15


Barchart technical indicators:
  • 100% Barchart technical by signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 11.39% in the last month
  • Relative Strength Index 82.50%
  • Barchart computes a technical support level at 4.26
  • Recently traded at 4.41 with a 50 day moving average of 4.00


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 23.90% in the last month
  • Relative Strength Index 78.22%
  • Barchart computes a technical support level at 29.65
  • Recently traded at 33.31 with a 50 day moving average of 28.76
Disclosure:  I own VNDA and NSSC.









Barchart Morning Call 5/3


Friday, May 3rd, 2013>>View Older Reports
Everything you need to know about the markets in one free daily newsletter.
E-mail:
You will also receive a free subscription to the Barchart family of newsletters.

OVERNIGHT MARKETS AND NEWS
June E-mini S&Ps (ESM13 -0.09%) this morning are down -0.08% ahead of this morning's U.S. April non-farm payrolls report. European stocks are up +0.03% as Eurozone government bond yields tumble. Spain’s 10-year bond yield fell as low as 3.94%, a 3-year low, while Italy's 10-year yield declined to as low as 3.68%, the lowest in 7 years amid speculation the ECB will take further steps to stimulate growth. Eurozone bond yields climbed from their lowest levels today after ECB Governing Council member Nowotny told reporters in Bratislava that ECB President Draghi's comments yesterday were "over-interpreted" by financial markets. Asian stocks closed mixed: Japan closed for holiday, Hong Kong +0.10%, China +1.77%, Taiwan +0.08%, Australia -0.01%, Singapore -0.95%, South Korea +0.43%, India -0.81%. Commodity prices are mostly higher. June WTI crude oil (CLM13 +0.40%) is up +0.51%, June gasoline (RBM13 +0.13%) is up +0.25%, June natural gas (NGM13 -0.02%) is down -0.77%, June gold (GCM13 +0.84%) is up +0.96%, July copper (HGN13 +4.20%) is up +4.12%. Agriculture prices are stronger. The dollar index (DXY00 -0.31%) is down -0.29%. EUR/USD (^EURUSD) is up +0.38% on hawkish comments from ECB Governing Council member Nowotny. USD/JPY (^USDJPY) is up +0.12%. June 10-year T-note futures prices (ZNM13 -0.02%) are down -1.5 ticks.
ECB Governing Council member Nowotny told reporters in Bratislava today that ECB President Draghi's comments yesterday were "over-interpreted" by financial markets and that policy makers have no plans to cut the deposit rate below zero.
The European Commission cut its 2013 Eurozone GDP forecast to a contraction of -0.4% y/y from a Feb prediction of -0.3% y/y. This follows a -0.6% y/y contraction in 2012 and will be the first ever back-to-back years of negative output for the Eurozone. The EU report predicts 2013 Eurozone unemployment will climb to a record 12.3% from 11.4% in 2012 and that an "increasing labor-market mismatch" will keep the jobless rate high in the medium term and bodes poorly for those who have been out of work for extended periods.
The Eurozone Mar PPI fell -0.2% m/m, right on expectations, and rose +0.7% y/y, slightly more than expectations of +0.6% y/y.
The UK Apr PMI services unexpectedly expanded +0.5 of a point to an 8-month high of 52.9, stronger than expectations of no change at 52.4.
The China Apr non-manufacturing PMI fell -1.1 points to 54.5 from 55.6 in Mar.
India's central bank cut interest rates for the third straight meeting today after the RBI lowered the repurchase rate by -25 bp to 7.25% from 7.50%.

U.S. STOCK PREVIEW
Today’s April payroll report is expected to improve to +148,000 from the poor report of +88,000 seen in March. Today’s April unemployment rate is expected to be unchanged from March’s 4-year low of 7.6%. Today’s Apr ISM non-manufacturing index is expected to show a -0.4 point decline to 54.0, adding to the -1.6 point decline to 54.4 seen in March. Today’s March factory orders report is expected to show a decline of -3.0% m/m, exactly offsetting the +3.0% increase seen in February. There are 13 of the S&P 500 companies that will report earnings today. Notable reports include Moody's Corp, Duke Energy, ADP, and Berkshire Hathaway.

OVERNIGHT U.S. STOCK MOVERS
Newell Rubbermaid (NEW) reported Q1 EPS of 35 cents, better than consebsus of 32 cents.
Moody's (MCO -0.41%) reported Q1 EPS of 97 cents, higher than consensus of 87 cents.
Regeneron Pharmaceuticals (REGN +4.78%) reported Q1 EPS of $1.78, stronger than consensus of $1.46.
Automatic Data Processing (ADP +0.85%) reported Q3 EPS of 99 cents, slightly higher than consensus of 98 cents.
CBOE Holdings (CBOE +0.56%) reported Q1 adjusted EPS of 50 cents, higher than consensus of 47 cents.
BlackBerry (BBRY -0.63%) announced that the U.S. Department of Defense has approved BlackBerry 10 smartphones and BlackBerry PlayBook tablets with BlackBerry Enterprise Service 10 to be used on Department of Defense networks.
Pilgrim's Pride (PPC +1.75%) reported Q1 EPS of 21 cents, slightly better than consensus of 20 cents.
Weight Watchers (WTW -0.17%) reported Q1 EPS of 87 cents, well ahead of consensus of 62 cents.
Green Mountain Coffee Roasters (GMCR +0.46%) announced that its Keurig K150 Series Commercial Brewing System has been certified by the National Sanitation Foundation for foodservice use.
Capital One (COF +1.45%) raiseed its quarterly dividend 20% from 25 cents to 30 cents per share.
Teradata (TDC +3.35%) fell over 9% in after-hours trading after it reported Q1 EPS of 43 cents, weaker than consensus of 53 cents, and said it sees fiscal 2013 EPS at the lower end of its $3.05-$3.20 range, consensus is $3.08.
Dole Food (DOLE +2.39%) reported Q1 EPS of 12 cents, lower than consensus of 14 cents.
Fluor (FLR +2.32%) reported Q1 EPS of $1.02, better than consensus of 96 cents.
Fortune Brands (FBHS +3.23%) reported Q1 adjusted EPS of 24 cents, much better than consensus of 16 cents, and raised guidance on fiscal 2013 EPS ex-items to $1.23-$1.33, higher than consensus of $1.23.
Athenahealth (ATHN -0.90%) fell over 5% in after-hours trading after it lowered its guidance on fiscal 2013 to an EPS of $1.05-$1.15, weaker than consensus of $1.22.
Chicago Bridge & Iron (CBI +2.56%) reported Q1 EPS of 82 cents, ahead of consensus of 74 cents.
Mohawk (MHK +0.35%) reported Q1 EPS ex-charges of 87 cents, better than consensus of 85 cents, and raised guidance on Q2 EPS to $158-$1.67, stronger than consensus of $1.56.
Gilead (GILD +4.07%) reported Q1 EPS of 48 cents, weaker than consensus of 50 cents.
LinkedIn (LNKD +3.52%) plunged over 10% in after-hours trading after it reported Q1 adjusted EPS of 45 cents, better than consensus of 31 cents, but lowered guidance on Q2 revenue to $342-$347 million, below consensus of $359.24 million.
Kraft Foods (KRFT -1.06%) reported Q1 EPS of 76 cents, well ahead of consensus of 64 cents.

MARKET COMMENTS
June E-mini S&Ps (ESM13 -0.09%) this morning are down -1.25 points (-0.08%). The S&P 500 index on Thursday posted a new record high and closed higher after weekly U.S. jobless claims fell to a 5-1/4 year low and after the ECB cut its benchmark interest rate to a record low and hinted at additional stimulus measures. U.S. weekly initial unemployment claims fell -18,000 to a 5-1/4 year low of 324,000, while the ECB said they “will remain accommodative for as long as needed.” Another bullish factor was the U.S. Mar trade deficit that narrowed to -$38.8 billion, better than expectations of -$42.3 billion, which should lead to an upward revision of Q1 GDP. Closes: S&P 500 +0.94%, Dow Jones +0.89%, Nasdaq 100 +1.32%.
June 10-year T-notes (ZNM13 -0.02%) this morning are down -1.5 ticks ahead of this morning's monthly payroll report. June 10-year T-note futures prices on Thursday settled slightly higher. Supportive factors included the action by the ECB to cut its benchmark rate to a record low with hints of additional stimulus measures, and trepidation ahead of Friday’s monthly U.S. payrolls report. Bearish factors included stock market strength and the unexpected fall in weekly U.S. jobless claims to a 5-1/4 year low. Closes: TYM3 +1.0, FVM3 +0.75.
The dollar index (DXY00 -0.31%) this morning is down -0.238 (-0.29%). EUR/USD (^EURUSD) is up +0.0050 (+0.38%) after ECB Governing Council member Nowotny said markets "over-interpreted" ECB President Draghi's comments Thursday that the ECB would consider a deposit rate below zero. USD/JPY (^USDJPY) is up +0.12 (+0.12%). The dollar index on Thursday closed higher after EUR/USD tumbled when ECB President Draghi hinted at additional stimulus measures from the ECB. Following the ECB meeting, in which the central bank cut its refinancing rate 25 bp as expected to a record low 0.50%, ECB President Draghi said policy makers had an open mind on a negative deposit rate and may start to charge banks to hold their excess reserves overnight at the ECB. Closes: Dollar index +0.751 (+0.92%), EUR/USD -0.01142 (-0.87%), USD/JPY +0.545 (+0.56%).
June WTI crude oil (CLM13 +0.40%) this morning is up 48 cents a barrel (+0.51%) and June gasoline (RBM13 +0.13%) is up +0.0069 (+0.25%). June crude oil and gasoline on Thursday settled sharply higher. The main bullish factors were the action by the ECB to cut interest rates to a record low along with hints of further stimulus and after U.S. weekly jobless claims unexpectedly tumbled to a 5-1/4 year low. Closes: CLM3 +2.96 (+3.25%), RBM3 +0.0532 (+1.96%).

GLOBAL EVENT CALENDAR05/03/2013
US0830 ETApr non-farm payrolls expected +148,000, Mar +88,000. Apr private payrolls expected +160,000, Mar +95,000. Apr mfg payrolls expected +5,000, Mar -3,000. Apr unemployment rate expected unch at 7.6%. Mar -0.1 to 7.6%.
0830 ETApr avg hourly earnings expected +0.2% m/m and +1.9% y/y, Mar unch m/m and +1.8% y/y. Apr avg weekly hours expected unch at 34.6, Mar +0.1 to 34.6.
1000 ETMar factory orders expected -3.0%, Feb +3.0%.
1000 ETApr ISM non-manufacturing index expected -0.4 to 54.0, Mar -1.6 to 54.4.
1230 ETFed Governor Daniel Tarullo speaks on “Evaluating Progress in Regulatory Reforms to Promote Financial Stability” at a conference in Washington D.C.
1245 ETRichmond Fed President Jeffrey Lacker speaks on the economic outlook at a meeting of the Risk Management Association of Richmond.
UK0430 ETUK Apr PMI services expected -0.1 to 52.3, Mar 52.4.
EUR0500 ETEurozone Mar PPI expected -0.2% m/m and +0.6% y/y, Feb +0.2% m/m and +1.3% y/y.
0500 ETEuropean Commission releases economic growth forecasts.

U.S. STOCK CALENDAR05/03/2013
Company NameSymbolTimeEvent DescriptionPeriodEPS Est (US$)
Newell Rubbermaid IncNWL USBef-mktQ1 2013 Earnings ReleaseQ1 20130.315
Moody's CorpMCO USBef-mktQ1 2013 Earnings ReleaseQ1 20130.874
Pepco Holdings IncPOM USBef-mktQ1 2013 Earnings ReleaseQ1 20130.237
Host Hotels & Resorts IncHST US6:00Q1 2013 Earnings ReleaseQ1 20130.234
Regeneron Pharmaceuticals IncREGN US6:30Q1 2013 Earnings ReleaseQ1 20131.459
Spectra Energy CorpSE US6:30Q1 2013 Earnings ReleaseQ1 20130.481
Duke Energy CorpDUK US7:00Q1 2013 Earnings ReleaseQ1 20131.033
Fastenal CoFAST US7:00April 2013 Sales and Revenue Release2013
Automatic Data Processing IncADP US7:30Q3 2013 Earnings ReleaseQ3 20130.982
American International Group IncAIG US8:00Q1 2013 Earnings CallQ1 2013
Dun & Bradstreet Corp/TheDNB US8:00Q1 2013 Earnings CallQ1 2013
Pinnacle West Capital CorpPNW US8:00Q1 2013 Earnings ReleaseQ1 20130.105
Pitney Bowes IncPBI US8:00Investor MeetingY 2013
Newell Rubbermaid IncNWL US8:30Q1 2013 Earnings CallQ1 2013
Automatic Data Processing IncADP US8:30Q3 2013 Earnings CallQ3 2013
Regeneron Pharmaceuticals IncREGN US8:30Q1 2013 Earnings CallQ1 2013
Washington Post Co/TheWPO US8:30Q1 2013 Earnings ReleaseQ1 2013
Tenet Healthcare CorpTHC US9:00Annual General Meeting
Spectra Energy CorpSE US9:00Q1 2013 Earnings CallQ1 2013
Alcoa IncAA US9:30Annual General MeetingY 2013
Dominion Resources Inc/VAD US9:30Annual General MeetingY 2013
Berkshire Hathaway IncBRK/A USAft-mktQ1 2013 Earnings ReleaseQ1 20131995.5
Ryder System IncR USAnnual General MeetingY 2013
Walt Disney Co/TheDIS USU.S. Box Office Release of Movie Iron Man 3""
Walgreen CoWAG USApril 2013 Sales and Revenue Release2013
Leucadia National CorpLUK USQ1 2013 Earnings ReleaseQ1 2013

Thursday, May 2, 2013

Lexington Realty Trust - Barchart's Chart of the Day

Summary:

Lexington Realty Trusts (LXP) is the Chart of the Day. The Trust advanced 19 times for a gain of 9.89% in the last 20 sessions.  That plus a 4.68% dividend!

Article:

The Chart of the Day is Lexington Realty Trust (LXP).  I found the stock when I sorted the New High List for frequency and this stock has gone up in 19 of the last 20 sessions for a gain of 9.89% plus it pays a 4.68% dividend.  The Relative Strength Index is 67.91%.

LXP is a real estate investment trust engaged in the ownership, operation, management of a diverse portfolio of real properties.




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% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 9.89% in the last month
  • Relative Strength Index 67.91%
  • Barchart computes a technical support level at 12.34
  • Recently traded at 12.74 with a 50 day moving average of 11.88
Fundamental factors:
  • Market Cap $2.25 billion
  • P/E 13.21
  • Dividend yield 4.68%
  • Revenue projected to increase 14.60% this year and another 4.10% next year
  • Earnings estimated to grow 3.10% this year, an additional 5.00% next year and continue to grow 5.17% annually for the next 5 years
  • Wall Street analysts issued 6 strong buy and 3 hold recommendations
Hold this stock as long as it has a positive total return.


5 Great NASDAQ 100 stocks

Today I used Barchart to sort the NASDAQ 100 stocks for those with the highest Barchart technical buy signals.  My list includes Applied Materials (AMAT), Bed Bath and Beyond (BBBY), Cerner (CERN), News Corp (NWSA) and Paychex (PAYX):

Applied Materials (AMAT)


Barchart technical indicators:
  • Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 11.03% in the last month
  • Relative Strength Index 71.16%
  • Barchart computes a technical support level at 14.25
  • Recently traded at 14.71 with a 50 day moving average of 13.51


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 7.74% in the last month
  • Relative Strength Index 71.04%
  • Barchart computes a technical support level at 67.78
  • Recently traded at 69.78 with a 50 day moving average of 63.13
Cerner (CERN)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter by signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 2.37% in the last month
  • Relative Strength Index 60.68%
  • Barchart computes a technical support level at 94.03
  • Recently traded at 97.08 with a 50 day moving average of 92.19
News Corp (NWSA)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 2.61% in the last month
  • Relative Strength Index 60.51%
  • Barchart computes a technical support level at 30.62
  • Recently traded at 31.85 with a 50 day moving average of 30.40
Paychex (PAYX)


Barchart technical indicators:
  • 100% Barchart technical buy signal
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 2.76% in the last month
  • Relative Strength Index 67.08%
  • Barchart computes a technical support level at 35.96
  • Recently traded at 36.84 with a 50 day moving average of 34.78












Barchart Morning Call 5/2


Thursday, May 2nd, 2013>>View Older Reports
Everything you need to know about the markets in one free daily newsletter.
E-mail:
You will also receive a free subscription to the Barchart family of newsletters.
OVERNIGHT MARKETS AND NEWS
June E-mini S&Ps (ESM13 +0.24%) this morning are up +0.29% and European stocks are down -0.04% ahead of an expected 25 bp rate cut by the ECB later this morning. Asian stocks closed mixed: Japan -0.76%, Hong Kong -0.30%, China +0.10%, Taiwan +0.43%, Australia -0.70%, Singapore +1.02%, South Korea -0.31%, India +1.19%. Spain's 10-year bond yield fell to 4.08%, a 2-1/2 year low, while France's 10-year bond yield fell to 1.69%, a record low on expectations the ECB will cut the benchmark rate to a record low of 0.50% today. Commodity prices are higher. June WTI crude oil (CLM13 +0.54%) is up +0.58%, June gasoline (RBM13 +0.26%) is up +0.35%, June natural gas (NGM13 +0.55%) is up +0.67%, June gold (GCM13 +0.80%) is up +0.61%, July copper (HGN13 +1.46%) is up +1.36%. Agriculture prices are higher as well. The dollar index (DXY00 +0.31%) is up +0.23%. EUR/USD (^EURUSD) is down -0.13% and USD/JPY (^USDJPY) is down -0.01%. June 10-year T-note futures prices (ZNM13 -0.01%) are little changed, down -0.5 of a tick.
The German Apr PMI manufacturing was unexpectedly revised up +0.2 points to 48.1 from 47.9 and the Eurozone Apr PMI manufacturing was also revised up +0.2 points to 46.7 from the originally reported 46.5.
The UK Apr PMI construction climbed +2.2 points to 49.4, stronger than expectations of 48.0.
The French Treasury sold 4.02 billion euros of 10-year debt at an average yield of 1.81%, the lowest on record.
The China Apr HSBC manufacturing PMI fell -1.2 points to 50.4, slightly weaker than expectations of 50.5.
Japan's Apr monetary base surged +23.1% y/y, the most in 2 years and stronger than a +19.8% y/y increase in Mar as the BOJ implements its aggressive QE program and increases its bond purchases.
U.S. STOCK PREVIEW
Today’s weekly initial unemployment claims report is expected to show an increase of +6,000 to 345,000, reversing part of last week’s decline of -16,000 to 339,000. Meanwhile, continuing claims are expected to rise +30,000 to 3.030 million, regaining about one-third of last week’s decline of -93,000 to 3.000 million. Today’s March U.S. trade deficit is expected to narrow mildly to -$42.3 billion from -$43.0 billion in February. The European Central Bank today is expected to cut its refinancing rate by 25 bp to 0.50%, which would be the first rate cut since last July.
Today is a another very busy earnings day with 34 of the S&P 500 companies scheduled to release earnings (please see stock calendar below). Key reports include CME Group, Kellogg, Kraft, Gilead Sciences, and AIG. Major conferences are over for the week.

OVERNIGHT U.S. STOCK MOVERS
CME Group (CME -1.20%) reported Q1 EPS of 73 cents, right on expectations.
Internationap Paper (IP -2.32%) reported Q1 EPS of 65 cents, below consensus of 74 cents.
Cardinal Health (CAH -0.63%) reported Q1 EPS of $1.20, well ahead of expectations of 96 cents.
Marsh & McLennan (MMC -0.47%) reported Q1 EPS of 75 cents, stronger than consensus of 69 cents.
Cigna CI reported Q1 (EPS -0.56%) of $1.72, better than consensus of $1.44.
Becton Dickinson & Co. (BDX -0.76%) reported Q1 EPS of $1.44, stronger than consensus of $1.35.
Integrys Energy (TEG -0.81%) reported Q1 adjusted EPS of $1.76, better than consensus of $1.61.
Archer Daniels (ADM -1.06%) said it will acquire GrainCorp for $3.4 billion Austrailian dollars.
Kindred Healthcare (KND -1.33%) reported Q1 EPS ex-items of 49 cents, higher than consensus of 37 cents.
Bob Evans Farms (BOBE -1.71%) announced that it will restate Q3 earnings results after it identified an error regarding the treatment of intercompany accounts in calculating the net book value of the Mimi's Cafe business segment assets held for sale as recorded by the company in the Q3 of fiscal 2013.
Murphy Oil (MUR -2.08%) reported Q1 EPS of $1.08, stronger than consensus of 97 cents.
PharMerica (PMC -0.85%) reported Q1 EPS of 35 cents, better than consensus of 34 cents.
Marriott (MAR -1.35%) reported Q1 EPS of 43 cents, better than consensus of 40 cents, and raised its guidance on Q2 to 55-59 cents, higher than consensus of 55 cents.
PHH Corp. (PHH -1.38%) reported Q1 EPS of 90 cents, nearly double consensus of 46 cents.
RenaissanceRe (RNR -0.40%) reported Q1 adjusted EPS of $3.92, well ahead of consensus of $3.06.
Lincoln National (LNC -2.03%) reported Q1 EPS of $1.02, weaker than consensus of $1.10.
ManTech (MANT -2.55%) reported Q1 EPS of 54 cents, below consensus of 58 cents.
Con-way (CNW -3.02%) reported Q1 EPS of 19 cents, weaker than consensus of 27 cents.
Archer Daniels (ADM -1.06%) reported Q1 EPS of 48c, weaker than consensus of 52 cents.
Visa (V -1.45%) reported Q2 EPS pf $1.92, better than consensus of $1.81.
MetLife (MET -1.51%) reported Q1 operating EPS of $1.48, stronger than consensus of $1.30.
Facebook (FB -1.22%) fell over 1% in after-hour trading after it reported Q1 adjusted EPS of 12 cents, weaker than consensus of 13 cents.
Las Vegas Sands (LVS unch) reported Q1 EPS of 71 cents, higher than consensus of 67 cents.
CBS (CBS +1.35%) reported Q1 EPS of 73 cents, better than consensus of68 cents.
MARKET COMMENTS
June E-mini S&Ps (ESM13 +0.24%) this morning are up +4.50 points (+0.29%). The S&P 500 index on Wednesday closed lower on signs the global economy is slowing. The China Apr ISM manufacturing index fell -0.3 to 50.6 vs. expectations of -0.2 to 50.7 and the Apr ADP employment change showed less hiring than expected (+119,000 versus expectations of +150,000). Supportive factors included the Fed's post-FOMC statement that it will maintain its QE3 program and the Apr ISM manufacturing index that slowed less than expected (-0.6 to 50.7 vs. expectations of -0.8 to 50.5). Closes: S&P 500 -0.93%, Dow Jones -0.94%, Nasdaq 100 -0.49%.
June 10-year T-notes (ZNM13 -0.01%) this morning are down -0.5 of a tick. June 10-year T-note futures prices on Wednesday posted a new contract high and the 10-year T-note yield fell to a 4-1/2 month low of 1.612% on concerns the global economy is slowing. China's manufacturing activity slowed more than expected in Apr and the Apr ADP employment change showed companies hired fewer workers than expected. Another positive factor for Treasuries was the post-FOMC statement that said the Fed will maintain its bond buying at a pace of $85 billion a month and will continue "until the outlook for the labor market has improved substantially." Closes: TYM3 +8.0, FVM3 +3.5.
The dollar index (DXY00 +0.31%) this morning is up +0.187 (+0.23%). EUR/USD (^EURUSD) is down -0.0017 (-0.13%) and USD/JPY (^USDJPY) is down -0.01 (-0.01%). The dollar index on Wednesday posted a 2-month low and closed lower after the smaller-than-expected increase in the Apr ADP employment change fueled speculation the Fed will maintain its dollar-negative QE3 program. The dollar recovered from its worst levels after the Apr ISM manufacturing index weakened less than expected. EUR/USD climbed to a 2-month high on short covering ahead of Thursday's ECB meeting in which the market expects a 25 bp rate cut. Closes: Dollar index -0.262 (-0.32%), EUR/USD +0.00119 (+0.09%), USD/JPY -0.049 (-0.05%).
June WTI crude oil (CLM13 +0.54%) this morning is up +0.53 (+0.58%) and June gasoline (RBM13 +0.26%) is up +0.0094 (+0.35%). June crude oil and gasoline on Wednesday closed sharply lower with June gasoline falling to a 4-1/2 month low. Concerns over global growth hammered energy prices after the China Apr manufacturing PMI fell more than expected and the Apr ADP employment change showed a smaller-than-expected increase in employment. In addition, weekly EIA data showed U.S. crude inventories for the week ended April 26 soared +6.696 mln bbl to 395.3 mln bbl, more than expectations of a +1.1 million bbl build, to the highest level since records began in 1982. Closes: CLM3 -2.43 (-2.60%), RBM3 -0.0827 (-2.95%).
GLOBAL EVENT CALENDAR05/02/2013
US0730 ETApr Challenger job cuts, Mar +30.0% y/y.
0830 ETWeekly initial unemployment claims expected +6,000 to 345,000, previous -16,000 to 339,000. Weekly continuing claims expected +30,000 to 3.030 million, previous -93,000 to 3.000 mln.
0830 ETMar trade balance expected -$42.3 billion, Feb -$43.0 billion.
0830 ETPreliminary Q1 non-farm productivity expected 1.0%, Q4 -1.9%. Q1 unit labor costs expected +0.7%, Q4 +4.6%.
0830 ETUSDA weekly Export Sales.
GER0355 ETRevised German Apr PMI manufacturing expected no change at 47.9.
EUR0400 ETRevised Eurozone Apr PMI manufacturing expected no change at 46.5.
0745 ETECB announces interest rate decision (expected -0.25 point cut in the 2-week refinancing rate to 0.50%).
0830 ETECB President Mario Draghi speaks at monthly press conference.
UK0430 ETUK Apr PMI construction expected +0.8 to 48.0, Mar 47.2.
CH2100 ETChina Apr non-manufacturing PMI, Mar 55.6.
U.S. STOCK CALENDAR05/02/2013
Company NameSymbolTimeEvent DescriptionPeriodEPS Est (US$)
Airgas IncARG USBef-mktERQ4 20131.127
Scripps Networks Interactive IncSNI USBef-mktERQ1 20130.738
Beam IncBEAM USBef-mktERQ1 20130.539
PG&E CorpPCG USBef-mktERQ1 20130.691
WPX Energy IncWPX USBef-mktERQ1 2013-0.233
PPL CorpPPL USBef-mktERQ1 20130.698
Becton Dickinson and CoBDX USBef-mktERQ2 20131.352
Quanta Services IncPWR USBef-mktERQ1 20130.304
Denbury Resources IncDNR USBef-mktERQ1 20130.292
Actavis IncACT USBef-mktERQ1 20131.855
Vulcan Materials CoVMC USBef-mktERQ1 2013-0.348
Estee Lauder Cos Inc/TheEL USBef-mktERQ3 20130.333
Ameren CorpAEE USBef-mktERQ1 20130.28
Cardinal Health IncCAH USBef-mktERQ3 20130.955
CenterPoint Energy IncCNP USBef-mktERQ1 20130.366
CME Group Inc/ILCME USBef-mktERQ1 20130.728
International Paper CoIP USBef-mktERQ1 20130.738
Marsh & McLennan Cos IncMMC USBef-mktERQ1 20130.692
Cigna CorpCI US6:30ERQ1 20131.437
Xcel Energy IncXEL US7:00ERQ1 20130.449
Becton Dickinson and CoBDX US8:00ECQ2 2013
Harman International Industries IncHAR US8:00ERQ3 20130.611
United Parcel Service IncUPS US8:00SMY 2013
Kellogg CoK US8:00ERQ1 20131.023
MetLife IncMET US8:00ECQ1 2013
PPL CorpPPL US8:30ECQ1 2013
Cigna CorpCI US8:30ECQ1 2013
Tesoro CorpTSO US8:30ECQ1 2013
Actavis IncACT US8:30ECQ1 2013
Cardinal Health IncCAH US8:30ECQ3 2013
CME Group Inc/ILCME US8:30ECQ1 2013
Marsh & McLennan Cos IncMMC US8:30ECQ1 2013
Northeast UtilitiesNU US9:00ECQ1 2013
Avon Products IncAVP US9:00SM
Cabot Oil & Gas CorpCOG US9:00SM
EI du Pont de Nemours & CoDD US9:00SMY 2013
Unum GroupUNM US9:00ECQ1 2013
Integrys Energy Group IncTEG US9:00ECQ1 2013
Sempra EnergySRE US9:00ERQ1 20131.012
International Paper CoIP US9:00ECQ1 2013
Allstate Corp/TheALL US9:00ECQ1 2013
Archer-Daniels-Midland CoADM US9:30SM
Quanta Services IncPWR US9:30ECQ1 2013
Newfield Exploration CoNFX US9:30SMY 2013
Equifax IncEFX US9:30SMY 2013
Estee Lauder Cos Inc/TheEL US9:30ECQ3 2013
St Jude Medical IncSTJ US9:30SM
Kellogg CoK US9:30ECQ1 2013
Xcel Energy IncXEL US10:00ECQ1 2013
Airgas IncARG US10:00ECQ4 2013
Scripps Networks Interactive IncSNI US10:00ECQ1 2013
Beam IncBEAM US10:00ECQ1 2013
Fluor CorpFLR US10:00SM
Pioneer Natural Resources CoPXD US10:00ECQ1 2013
WPX Energy IncWPX US10:00ECQ1 2013
Bemis Co IncBMS US10:00SMY 2013
Health Care REIT IncHCN US10:00SM
Marriott International Inc/DEMAR US10:00ECQ1 2013
Capital One Financial CorpCOF US10:00SMY 2013
Duke Energy CorpDUK US10:00SMY 2013
Ameren CorpAEE US10:00ECQ1 2013
Kimberly-Clark CorpKMB US10:00SM
Kimco Realty CorpKIM US10:00ECQ1 2013
Lincoln National CorpLNC US10:00ECQ1 2013
PG&E CorpPCG US11:00ECQ1 2013
Valero Energy CorpVLO US11:00SMY 2013
Denbury Resources IncDNR US11:00ECQ1 2013
Ecolab IncECL US11:00SMY 2013
Vulcan Materials CoVMC US11:00ECQ1 2013
Harman International Industries IncHAR US11:00ECQ3 2013
Prudential Financial IncPRU US11:00ECQ1 2013
Verizon Communications IncVZ US11:30SM
CenterPoint Energy IncCNP US11:30ECQ1 2013
Eastman Chemical CoEMN US11:30SMY 2013
American Express CoAXP US11:45MA
Murphy Oil CorpMUR US13:00ECQ1 2013
DIRECTVDTV US13:00SM
Sempra EnergySRE US13:00ECQ1 2013
Dover CorpDOV US14:00SM
EOG Resources IncEOG US16:00SM
Kraft Foods Group IncKRFT US16:00ERQ1 20130.639
Gilead Sciences IncGILD US16:05ERQ1 20130.495
Mylan Inc/PAMYL US16:30ECQ1 2013
Gilead Sciences IncGILD US16:30ECQ1 2013
Teradata CorpTDC US16:30ECQ1 2013
Prologis IncPLD US16:30SMY 2013
Microchip Technology IncMCHP US17:00ECQ4 2013
XL Group PLCXL US17:00ECQ1 2013
Kraft Foods Group IncKRFT US17:00ECQ1 2013
Fluor CorpFLR US17:30ECQ1 2013
Mylan Inc/PAMYL USAft-mktERQ1 20130.615
American International Group IncAIG USAft-mktERQ1 20130.878
Fluor CorpFLR USAft-mktERQ1 20130.961
Dun & Bradstreet Corp/TheDNB USAft-mktERQ1 20131.395
Teradata CorpTDC USAft-mktERQ1 20130.533
Microchip Technology IncMCHP USAft-mktERQ4 20130.473
Southwestern Energy CoSWN USAft-mktERQ1 20130.381
XL Group PLCXL USAft-mktERQ1 20130.643
Apartment Investment & Management CoAIV USAft-mktERQ1 20130.455
Allergan Inc/United StatesAGN USMA
Allegheny Technologies IncATI USSM
DTE Energy CoDTE USSMY 2013
AutoNation IncAN USSR2013
Wisconsin Energy CorpWEC USSMY 2013
First Horizon National CorpFHN USSM

Wednesday, May 1, 2013

PPL Corp (PPL) Barchart's Chart of the Day

Summary:

PPL Corp (PPL) is the Chart of the Day.  The stock has 96% Barchart technical buy signals and advanced 17 times for a gain of 6.43% in the last month.  The stock also pays a 4.41% dividend.

Article:

The Chart of the Day is PPL Corp (PPL).  The stock has 96% Technical buy signals and a Trend Spotter buy signal.  Not only has the stock advanced in 17 sessions in the last month but it gained 6.43%.  All this while also paying a 4.41% dividend.  The stock was at the top of the New High list when sorted for frequency.

PPL Corporation is an energy and utility holding company that controls more than 12,000 megawatts of generating capacity in the United States, sells energy in key U.S. markets and delivers electricity to customers in Pennsylvania and the United Kingdom.



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% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 6.43% in the last month
  • Relative Strength Index 73.94%
  • Barchart computes a technical support level at 32.92
  • Recently traded at 33.26 with a 50 day moving average of 31.26
Fundamental factors:
  • Market Cap $19.35 billion
  • P/E 13.76
  • Dividend yield 4.41%
  • Revenue projected to decrease 1.30% this year but increase .20% next year
  • Earning estimated to decrease .40% this year another 10.00% next year but compound annually by 2.65% over the next 5 years
  • Analysts issued 2 strong buy, 1 buy and 7 hold recommendations
  • Financial Strength B++
Hold until the stock has a negative annual total return.


5 Interesting Small Caps

Today I used Barchart to sort the S & P 600 Small Cap Index to find the stocks with the best technical indicators and charts.  The list includes USA Mobility (USMO), Texas Roadhouse (TXRH), Parexel International (PRXL, Pro-Assurance (PRA) and MTS Systems (MTSC):

USA Mobility (USMO)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 2.12% in the last month
  • Relative Strength Index 61.49%
  • Barchart computes a technical support level at 12.99
  • Recently traded at 13.49 with a 50 day moving average of 12.42


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 14.39% in the last month
  • Relative Strength Index 72.35%
  • Barchart computes a technical support level at 21.75
  • Recently traded at 22.92 with a 50 day moving average of 19.94


Barchart tecnical indicators:
  • 100% Barchart technical buy signal
  • Trend spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 8.71% in the last month
  • Relative Strength Index 68.34%
  • Barchart computes a technical support level at 48.39
  • Recently traded at 49.15 with a 50 day moving average of 47.42
MTS Systems (MTSC)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 4.76% in the last month
  • Relative Strength Index 71.03%
  • Barchart computes a technical support level at 58.88
  • Recently traded at 60.50 with a 50 day moving average of 55.93


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 3.56% in the last month
  • Relative strength Index 68.49
  • Barchart computes a technical support level at 48.39
  • Recently traded at 60.50 with a 50 day moving average of 55.93