Friday, May 10, 2013

Zumiez - Barchart's Chart of the Day

Summary:

Zumiez (ZUMZ)is the Chart of the Day. The extreme sports apparel and equipment retailer has 100% technical buy signals and a Trend Spotter buy signal.  The stock advanced 7 times for a gain of 29.60% in the last month.

Article:

The Chart of the Day is Zumiez (ZUMZ).  The stock was found at the top of the New High list when I sorted it for technical buy signals.  The Relative Strength Index is 77.51 and the stock had 7 advances for a gain of 29.60% in the last month.

If you want to impress you kids it's pronounced `zoomies,` It is a leading specialty retailer of action sports related apparel, footwear, equipment and accessories. Their stores cater to young men and women between ages 12-24, focusing on skateboarding, surfing, snowboarding, motocross and BMX.


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
  • 7 new highs and up 29.60% in the last month
  • Relative Strength Index 77.51%
  • Barchart computes a technical support level at 29.19
  • Recently traded at 32.33 with a 50 day moving average of 25.91
Fundamental factors:
  • Market Cap $1.01 billion
  • P/E 19.25
  • Revenue projected to increase 12.10% this year and another 10.30% next year
  • Earnings estimated to grow 5.70% this year, 13.20% next year and continue to increase annually by 16.60% for the next 5 years
  • Wall Street analysts issued 4 strong buy and 11 hold recommendations
  • Financial Strength B+
Sell is the stock drops below its 50 day moving average.

5 Terrific Small Caps

Today's list comes from using Barchart to sort the S & P 600 Small Cap Index for the stocks having the best Barchart technical buy signals.  The list includes Zumiez (ZUMZ), West Pharmaceutical Services (WST), Virtus Investment Partners (VRTS), Unifirst Corp (UNF) and Teletech Holdings (TTEC):

Zumiez (ZUMZ)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 27.31% in the last month
  • Relative Strength Index 75.77%
  • Barchart computes a technical support level at 29.19
  • Recently traded at 31.67 with a 50 day moving average of 25.90


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and  day moving averages
  • New highs and up 2.81% in the last month
  • Relative Strength Index 62.94%
  • Barchart computes a technical support level at 64.60


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 14.77% in the last month
  • Relative Strength Index 76.80%
  • Barchart computes a technical support level at 209.51
  • Recently traded at 220.00 with a 50 day moving average of 187.83


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 3.00% in the last month
  • Relative Strength Index 64.14%
  • Barchart computes a technical support level at 92.08
  • Recently traded at 93.78 with a 50 day moving average of 89.27


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 2.27% in the last month
  • Relative strength Index 67.37%
  • Barchart computes a technical support level at 21.75
  • Recently traded at 22.07 with a 50 day moving average of 20.85








Lloyd's Banking Group PLC (LYG) - Buy Signals

I just bought Llyod's Banking Group PLC (LYG) for my personal portfolio:



Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 22.22% in the last month
  • Relative Strength Index 77.10%
  • Barchart computes a technical support level at 3.51
  • Recently traded at 3.62 with a 50 day moving average of 3.09


Thursday, May 9, 2013

Under Armour - Barchart's Chart of the Day

Summary:

Under Armour (UA) is the Chart of the Day.  The sports clothing manufacturer has 100% Technical buy signals and a Trend Spotter buy signal. Since the Trend Spotter signaled a buy on 3/14 the stock is up 14.82%

Article:

The Chart of the Day is Under Armour (AU).  The stock was near the top of the New High list when sorted for Technical buy signals.  The stock has 100% Technical buy signals and a Trend Spotter buy. In the last month the stock advanced 5 time for a 8.19% gain.

The Company is a developer, marketer and distributor of branded performance products for men, women and youth. The brand's moisture-wicking synthetic fabrications are engineered in many different designs and styles for wear in nearly every climate to provide a performance alternative to traditional natural fiber products.


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
  • 5 new highs and up 8.19% in the last month
  • Relative Strength Index 69.31%
  • Barchart computes a technical support level at 57.58
  • Recently traded at 58.65 with a 50 day moving average of 53.26
Fundamental factors:
  • Market Cap $6.14 billion
  • P/E 50.75
  • Revenue projected to grow 22.10% this year and another 20.50% next year
  • Earnings estimated to increase 20.70% this year, 26.00% next year and continue to compound annually by 20.83% for the next 5 years
  • Wall Street analysts issued 8 strong buy, 10 hold and 2 sell recommendations
  • Financial Strength B++
Sell if the stock trades below its 50 day moving average.


Financial Times Fiasco

The Financial Times owned by Pearson PLC (PSO) has failed to deliver newspapers in Charlotte 4 day in a row.  Big problems with their distribution plan?

Wednesday, May 8, 2013

Xoxo Group

Summary:

Xoxo Group (XOXO) is the Chart of the Day.  The media and technology company has 100% technical buy signals and advanced 12 times for a gain of 15.11% in the last month.


Article:

The Chart of the Day is Xoxo Group (XOXO).  The stock has both 100% technical buy signals and a Trend Spotter buy signal.  Since the Trend Spotter signaled a buy in 3/21 the stock gained 22.13% and still has a Relative Strength Index of 83.92%. I found the stock when I sorted the New High list for technical buy signals.

The Company is a media and technology company. It provides information, products and advice related to weddings and pregnancy. It has Internet websites, publishes magazines and books, and produces television and video content.



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
  • 12 new highs and up 15.11% in the last month
  • Relative Strength Index 83.92%
  • Barchart computes a technical support level at 11.53
  • Recently traded at 11.81 with a 50 day moving average of 10.25
Fundamental factors:
  • Market Cap $305.64 million
  • P/E 32.33
  • Revenue projected to grow 6.30% this year and another 6.90% next year
  • Earnings estimated to increase 11.40% this year, an additional 20.50% next year and continue to increase 15.00% annually for the next 5 years
  • Wall Street analysts issued 2 strong buy and 1 sell recommendation
  • Financial Strength B
Sell if the stock drops below its 50 day moving average.

Tuesday, May 7, 2013

Wolverine World Wide Barchart's Chart of the Day

Summary:

Wolverine World Wide (WWW) is the Chart of the Day.  The stock has 100% Technical buy signals as well as a Trend Spotter buy signal.  10 new highs for a 17.35% gain in the last month puts this at the top of the New High lists.


Article:

The Chart of the Day is Wolverine World Wide (WWW). I found it when I sorted the New High List for technical buy signals.  The stock has a 100% Technical buy signals as well as a Trend Spotter buy signal.  10 new highs and a gain of 17.35% in the last month result in a Relative Strength Index of 71.55%.

The Company designs, manufactures, distributes and markets various brands and styles of footwear. The wide variety of footwear sold by the Company includes casual shoes, slippers, moccasins, dress shoes, boots, uniform shoes and work boots and shoes. They are also a domestic tanner of pigskin.


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
  • 10 new highs and up 17.35% in the last month
  • Relative Strength Index 71.55%
  • Barchart computes a technical support level at 49.34
  • Recently traded at 50.72 with a 50 day moving average of 45.21
Fundamental factors:
  • Market Cap $2.54 billion
  • P/E 20.50
  • Dividend yield .97%
  • Revenue projected to increase 66.70% this year and another 6.70% next year
  • Earnings forecasted to grow 16.60% this year, an additional 21.70% next year and continue to compound 16.30% annually for the next 5 years
  • Wall Street analysts issued 2 strong buy,  buy,. 5 hold and 1 strong sell recommendation
  • Financial Strength A
Sell if the stock drops below its 50 day moving average.

5 Mid Caps with Juice Left

Today's list comes from using Barchart to sort the S & P 400 Mid Cap Index for the stocks with the best Barchart technical buy signals.  The list includes Williams-Sonoma (WSM), Weingarten Realty Investors (WRI), Worthington Industries (WOR), Wendy's (WEN) and Towers Watson (TW):

Williams-Sonoma (WSM)



Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 7.89% in the last month
  • Relative Strength Index 68.06%
  • Barchart computes a technical support level at 53.46
  • Recently traded at 54.372 with a 50 day moving average of 49.81


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 12.47% in the last month
  • Relative Strength Index 86.21%
  • Barchart computes a technical support level at 35.20
  • Recently traded at 35.80 with a 50 day moving average of 31.96


Barchart technical indicators:
  • 96% Barchart technical  buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 13.24% in the last month
  • Relative strength Index 67.86%
  • Barchart computes a technical support level at 32.63
  • Recently traded at 33.65 with a 50 day moving average of 30.38
Wendy's (WEN)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 9.57% in the last month
  • Relative Strength Index 70.41%
  • Barchart computes a technical support level at 5.82
  • Recently traded at 6.07 with a 50 day moving average of 5.60



Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 7.01% in the last month
  • Relative Strength Index 69.31%
  • Barchart computes a technical support level at 73.55
  • Recently traded at 74.69 with a 50 day moving average of 69.47













Barchart Moring Call 5/7


Tuesday, May 7th, 2013>>View Older Reports
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OVERNIGHT MARKETS AND NEWS
June E-mini S&Ps (ESM13 +0.11%) this morning are up +0.12% at another fresh record high. European stocks rose +0.64% to a 1-3/4 year high after German factory orders unexpectedly increased. Another positive for global stocks was the action by the Reserve Bank of Australia to cut its benchmark interest rate by 25 bp. Portugal's 10-year government bond yield slipped to 5.44%, the lowest in 2-3/4 years as the country readies the markets for a sale of 3 billion euros of 10-year government bonds, its first sale of a new bond since it asked for a bailout 2 years ago. Asian stocks closed mixed: Japan +3.55%, Hong Kong +0.58%, China +0.16%, Taiwan -0.07%, Australia -0.24%, Singapore +0.03%, South Korea -0.53%, India +1.09%. Commodity prices are mixed. June WTI crude oil (CLM13 -0.52%) is down -0.48%. June gasoline (RBM13 -0.43%) is down -0.45%, June natural gas (NGM13 -0.97%) is down -0.62%, June gold (GCM13 -0.35%) is down -0.54%, July copper (HGN13 -0.30%) is down -0.20%. Agriculture prices are higher. The dollar index (DXY00 -0.24%) is lower by -0.24%. EUR/USD (^EURUSD) is up +0.40%. USD/JPY (^USDJPY) is down -0.08%. June 10-year T-note futures prices (ZNM13 -0.02%) are little changed, down -0.5 of a tick.
German Mar factory orders unexpectedly climbed +2.2% m/m, stronger than expectations for a -0.5% m/m decline, while factory orders fell -0.4% y/y, better than expectations for a -2.9% y/y decline.
The UK April BRC shop price index weakened to a +0.4% increase from a +1.4% gain in March.
The UK April Lloyds employment confidence improved slightly to -41 from -45 in March.
The Reserve Bank of Australia (RBA) cut its benchmark interest rate by 25 bp to a record low 2.75% and RBA Governor Stevens said "The board has previously noted that the inflation outlook would afford scope to ease further and that a further decline in the cash rate was appropriate to encourage sustainable growth in the economy."
U.S. STOCK PREVIEW
Today’s March consumer credit report is expected to show an increase of +$15.5 billion, adding to the increase of +$18.139 billion seen in February. The Treasury today will sell $32 billion in 3-year T-notes to kick off this week's $72 billion quarterly refunding operation. There are 22 of the S&P 500 companies that report earnings today. Notable earnings reports include Emerson Electric (consensus $0.78), McKesson (2.31), Disney (0.77), Marathon Oil (0.72), Electronic Arts (0.58), Whole Foods (0.73), Williams Companies (0.24), Symantec (0.38).
Conferences during the remainder of this week include American Gas Association (AGA) Financial Forum on Mon, Mizuho Securities USA Healthcare Access Day on Tue, Barclays Chemical ROC Star Conference on Tue, Robert W. Baird Growth Stock Conference on Tue-Thu, Jefferies Global Technology, Media and Telecom Conference on Tue-Thu, ISI Bermuda Energy Conference on Wed, 17th Annual International Cash and Treasury Management Conference on Wed-Thu, Wells Fargo Industrial and Construction Conference on Wed-Thu, Skybridge Alternatives Conference (SALT)-Las Vegas on Wed-Thu, Sanford C. Bernstein & Co IT Services Conference on Thu.
OVERNIGHT U.S. STOCK MOVERS
Fossil (FOSL +0.71%) reported Q1 EPS of $1.08, better than consensus of 97 cents.
NRG Energy (NRG +0.11%) reported a Q1 EPS loss of -37 cents, wider than consensus of a -29 cent loss.
Discovery Communications (DISCA -0.24%) reported Q1 EPS of 63 cents, weaker than consensus of 64 cents.
According to an AP report, the Senate late Monday passed a bill allowing states to collect a tax on Internet purchases.
DCP Midstream (DPM +0.23%) reported Q1 adjusted EPS of 63 cents, below consensus of 64 cents.
Mindray Medical (MR +1.93%) reported Q1 adjusted EPS of 53 cents, much better than consensus of 41 cents.
Vantiv (VNTV -0.43%) reported Q1 adjusted EPS of 31 cents, better than consensus of 30 cents.
Alleghany (Y +1.83%) reported Q1 EPS of $11.67, well ahead of consensus of $8.01.
Chico's FAS (CHS -0.98%) was initiated with an "Outperform" at Wells Fargo with a price range of $20 to $22 a share.
Frontier Communications (FTR +1.49%) reported Q1 EPS of 5 cents, lower than consensus of 6 cents.
Ruckus Wireless (RKUS +5.15%) reported Q1 adjusted EPS of 3 cents, weaker than consensus of 4 cents.
Scotts Miracle-Gro (SMG +1.64%) reported Q2 EPS of $1.60, well below consensus of $2.00.
First Solar (FSLR +3.67%) fell 3% in after-hours ttrading after it reported Q1 EPS of 69 cents, below consensus of 75 cents. The stock then recovered all of its losses and moved up over 1% when it reaffirmed its guidance for fiscal 2012 and announced a reduction in its work force of about 150 employees.
Norwegian Cruise Line (NCLH +0.92%) reported Q1 adjusted EPS of 6 cents, double the consensus of 3 cents.
Anadarko (APC +1.18%) reported Q1 EPS ex-items $1.08, stronger than consensus of 94 cents.
Matson (MATX +0.29%) reported Q1 EPS of 21 cents, better than consensus of 15 cents.
MARKET COMMENTS
June E-mini S&Ps (ESM13 +0.11%) this morning are up +2.00 points (+0.12%) at a new record high. The S&P 500 index on Monday posted a fresh record high and closed higher. Stocks found carry-over support from last Friday's gains after U.S. employment in April rose more than expected. Also, stocks continue to receive a boost from strong earnings results as 73% of the 407 S&P 500 companies that have reported Q1 earnings results thus far have beaten expectations. Closes: S&P 500 +0.19%, Dow Jones -0.03%, Nasdaq 100 +0.37%.
June 10-year T-notes (ZNM13 -0.02%) this morning are little changed, down -0.5 of a tick. June 10-year T-note futures prices on Monday closed lower. T-notes added to Friday's losses and posted a fresh 3-week low as stronger equities reduced the safe-haven demand for Treasuries, along with supply pressures ahead of this week's May refunding of $72 billion of T-notes and T-bonds that begins Tuesday with the Treasury's $32 billion 3-year T-note auction. Closes: TYM3 -6.0, FVM3 -2.75.
The dollar index (DXY00 -0.24%) this morning is lower by -0.201 (-0.24%). EUR/USD (^EURUSD) is up +0.0052 (+0.40%) and USD/JPY (^USDJPY) is down -0.08 (-0.08%). The dollar index on Monday closed higher. EUR/USD was knocked lower after comments from ECB Executive Board member Coeure who said the ECB is ready to cut interest rates further if the economic outlook in the Eurozone worsens. USD/JPY rallied up to a 1-week high as the yen weakened after stock market strength reduced the safe-haven demand for the yen. Closes: Dollar index +0.190 (+0.23%), EUR/USD -0.00406 (-0.31%), USD/JPY +0.326 (+0.33%).
June WTI crude oil (CLM13 -0.52%) this morning is down -46 cents a barrel (-0.48%). June gasoline (RBM13 -0.43%) is down -1.28 cents per gallon (-0.45%). June crude oil and gasoline on Monday rallied sharply in overnight trade after Israel made several air strikes in Syria over the weekend, but prices fell back from their best levels on speculation there won't be much effect on oil flow through the Middle East. Another negative factor that pulled Jun crude off of a 1-month high was the stronger dollar. Closes: CLM3 +0.55 (+0.58%), RBM3 +0.0403 (+1.43%).
GLOBAL EVENT CALENDAR05/07/2013
US1300 ETTreasury auctions $32 billion 3-year T-notes.
1500 ETMar consumer credit expected +$15.5 billion, Feb +$18.139 billion.
1630 ETAPI weekly U.S. oil statistics.
GER0600 ETGerman Mar factory orders (sa) expected -0.5% m/m and -2.9% y/y, Feb +2.3% m/m and unch y/y (nsa).
CHIn/aChina Apr trade balance expected +$15.5 billion, Mar -$0.88 billion. Apr exports expected +10.0% y/y, Mar +10.0% y/y. Apr imports expected +13.0% y/y, Mar +14.1% y/y.
U.S. STOCK CALENDAR05/07/2013
Company NameSymbolTimeEvent DescriptionPeriodEPS Est (US$)
DIRECTVDTV USBef-mktQ1 2013 Earnings ReleaseQ1 20131.095
Health Care REIT IncHCN USBef-mktQ1 2013 Earnings ReleaseQ1 20130.904
Emerson Electric CoEMR USBef-mktQ2 2013 Earnings ReleaseQ2 20130.781
NRG Energy IncNRG USBef-mktQ1 2013 Earnings ReleaseQ1 2013-0.294
Molson Coors Brewing CoTAP USBef-mktQ1 2013 Earnings ReleaseQ1 20130.343
International Flavors & Fragrances IncIFF USBef-mktQ1 2013 Earnings ReleaseQ1 20131.132
FirstEnergy CorpFE USBef-mktQ1 2013 Earnings ReleaseQ1 20130.686
Fossil IncFOSL USBef-mktQ1 2013 Earnings ReleaseQ1 20130.969
Discovery Communications IncDISCA US7:00Q1 2013 Earnings ReleaseQ1 20130.645
Perrigo CoPRGO US8:00Q3 2013 Earnings ReleaseQ3 20131.444
Discovery Communications IncDISCA US8:30Q1 2013 Earnings CallQ1 2013
EOG Resources IncEOG US9:00Q1 2013 Earnings CallQ1 2013
NRG Energy IncNRG US9:00Q1 2013 Earnings CallQ1 2013
Fossil IncFOSL US9:00Q1 2013 Earnings CallQ1 2013
Anadarko Petroleum CorpAPC US10:00Q1 2013 Earnings CallQ1 2013
Baxter International IncBAX US10:00Annual General MeetingY 2013
Health Care REIT IncHCN US10:00Q1 2013 Earnings CallQ1 2013
Boston Scientific CorpBSX US10:00Annual General MeetingY 2013
Vornado Realty TrustVNO US10:00Q1 2013 Earnings CallQ1 2013
Gannett Co IncGCI US10:00Annual General MeetingY 2013
Perrigo CoPRGO US10:00Q3 2013 Earnings CallQ3 2013
International Flavors & Fragrances IncIFF US10:00Q1 2013 Earnings CallQ1 2013
Molson Coors Brewing CoTAP US11:00Q1 2013 Earnings CallQ1 2013
Kinder Morgan Inc/DEKMI US11:00Annual General MeetingY 2013
Cliffs Natural Resources IncCLF US11:30Annual General MeetingY 2013
Sigma-Aldrich CorpSIAL US12:00Annual General MeetingY 2013
Wynn Resorts LtdWYNN US13:00Annual General MeetingY 2013
FirstEnergy CorpFE US13:00Q1 2013 Earnings CallQ1 2013
DIRECTVDTV US14:00Q1 2013 Earnings CallQ1 2013
Emerson Electric CoEMR US14:00Q2 2013 Earnings CallQ2 2013
Molson Coors Brewing CoTAP US14:00Q1 2013 Earnings Call - Follow-Up SessionC1 2013
Murphy Oil CorpMUR US15:00Analyst MeetingY 2013
Danaher CorpDHR US15:00Annual General MeetingY 2013
Mondelez International IncMDLZ US16:00Q1 2013 Earnings ReleaseQ1 20130.334
McKesson CorpMCK US16:00Q4 2013 Earnings ReleaseQ4 20132.308
CA IncCA US16:15Q4 2013 Earnings ReleaseQ4 20130.553
Walt Disney Co/TheDIS US16:15Q2 2013 Earnings ReleaseQ2 20130.77
CH Robinson Worldwide IncCHRW US16:15Q1 2013 Earnings ReleaseQ1 20130.685
CA IncCA US16:30Q4 2013 Earnings CallQ4 2013
Mondelez International IncMDLZ US17:00Q1 2013 Earnings CallQ1 2013
DaVita HealthCare Partners IncDVA US17:00Q1 2013 Earnings CallQ1 2013
McKesson CorpMCK US17:00Q4 2013 Earnings CallQ4 2013
Walt Disney Co/TheDIS US17:00Q2 2013 Earnings CallQ2 2013
Electronic Arts IncEA US17:00Q4 2013 Earnings CallQ4 2013
Whole Foods Market IncWFM US17:00Q2 2013 Earnings CallQ2 2013
TripAdvisor IncTRIP US17:00Q1 2013 Earnings CallQ1 2013
BMC Software IncBMC US17:00Q4 2013 Earnings CallQ4 2013
CH Robinson Worldwide IncCHRW US17:00Q1 2013 Earnings CallQ1 2013
Symantec CorpSYMC US17:00Q4 2013 Earnings CallQ4 2013
DaVita HealthCare Partners IncDVA USAft-mktQ1 2013 Earnings ReleaseQ1 20131.797
Marathon Oil CorpMRO USAft-mktQ1 2013 Earnings ReleaseQ1 20130.719
Electronic Arts IncEA USAft-mktQ4 2013 Earnings ReleaseQ4 20130.575
Whole Foods Market IncWFM USAft-mktQ2 2013 Earnings ReleaseQ2 20130.729
Williams Cos Inc/TheWMB USAft-mktQ1 2013 Earnings ReleaseQ1 20130.24
TripAdvisor IncTRIP USAft-mktQ1 2013 Earnings ReleaseQ1 20130.468
Symantec CorpSYMC USAft-mktQ4 2013 Earnings ReleaseQ4 20130.381
United Parcel Service IncUPS USRoadshow - MontrealY 2013
United Parcel Service IncUPS USRoadshow - Kansas CityY 2013

Gentex - Buy Signals

Today I added Gentex (GNTX) to the Barchart Van Meerten New High portfolio for positive price momentum and favorable technical indicators:


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 27.22% in the last month
  • Relative Strength Index 89.06%
  • Barchart computes a technical support level at 23.63
  • Recently traded at 24.46 with a 50 day moving average of 20.45


Financial Times - Pearson PLC Plagued by Delivery problems

Is it just here in Charlotte or are the rest of you having problems with the delivery of the Financial Times Published by Pearson PLC (PSO)?

Here in Charlotte there is a problem with delivery almost 50 % of the time.  Not only has today's paper not been delivered but I'm still waiting on yesterdays.

Is paper delivery not in their Mission Statement???


Let's hear your comments>

Monday, May 6, 2013

Qihoo 360 Technology - Barchart's Chart of the Day

Summary:

Qihoo 360 Technology (QIHU) is the Chart of the Day.  This fast growing Internet and security product company had 18 new highs and gained 30.47% in the last 20 trading session.  The Trend Spotter buy signal sure helps it get noticed.

Article:

The Chart of the Day is Qihoo 360 Technology (QIHU) a new and growing stock that had 18 new highs and a gain of 30.47% in just the last month.  The stock has a Trend Spotter buy signal and a Relative Strength Index of 83.32%.  The stock was found on the New High list when sorted for frequency.

The Company offers Internet and mobile security products. Its core business is internet and mobile security products. They provide advertising services by providing marketing opportunities on websites and offer web games developed by third parties, plus provide Internet security services such as remote technical support to paying customers and provide other Internet value-added services.



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
  • 18 new highs and up 30.47% in the last month
  • Relative Strength Index 33.70%
  • Barchart computes a technical support level at 33.70
  • Recently traded at 37.18 with a 50 day moving average of 31.15
Fundamental factors:
  • Market Cap $2.71 billion
  • P/E 88.38
  • Revenue projected to grow 64.00% this year and another 40.20% next year
  • Earnings estimated to increase 23.80% this year, an additional 63.60% next year and continue to compound by 44.78% annually for the next 5 years
  • Wall Street analysts issued 6 strong buy and 1 hold recommendation
This stock moves fast so watch the 14 day turtle channel and sell if the price starts a downward trend.

5 Large Caps Rising

Today I used Barchart to sort the S & P 500 Large Cap Index for the stocks having the highest Technical buy signals.  The stocks include XL Company Switzerland GMBH (XL), Western Digital (WDC), Viacom Class B (VIAB), Visa (V) and United Parcel Services (UPS):

XL Company Switzerland GMBH (XL)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 4.65% in the last month
  • Relative Strength Index 65.05%
  • Barchart computes a technical support level last 30.61
  • Recently traded at 32.18 with a 50 day moving average of 30.38


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 16.35% in the last month
  • Relative Strength Index 72.80%
  • Barchart computes a technical support level at 56.12
  • Recently traded at 58.06 with a 50 day moving average of 50.51


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 7.14% in the last month
  • Relative Strength Index 63.95%
  • Barchart  computes a technical support level at 66.40
  • Recently traded at 67.65 with a 50 day moving average of 62.99
Visa (V)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 an d100 day moving averages
  • 7 new highs and up 8.45% in the last month
  • Relative Strength Index 69.63%
  • Barchart computes a technical support level at 174.53
  • Recently traded at 179.12 with a 50 day moving average of 163.97


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 4.32% in the last month
  • Relative Strength Index 64.97%
  • Barchart computes a technical support level at 85.44
  • Recently traded at 87.17 with a 50 day moving average of 84.21











Barchart Morning Call 5/6



Monday, May 6th, 2013>>View Older Reports
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OVERNIGHT MARKETS AND NEWS
June E-mini S&Ps (ESM13 -0.05%) this morning are down -0.05% and European stocks are down -0.45%. Asian stocks closed mostly higher: Japan closed for holiday, Hong Kong +0.99%, China +1.33%, Taiwan +0.42%, Australia +0.52%,Singapore +0.37%, South Korea -0.32%, India +0.50%. Commodity prices are mixed. June WTI crude oil (CLM13 +0.09%) is up +0.56% and jumped to a 1-month high in overnight trade after Israeli aircraft reportedly attacked a Syrian military research center on Sunday, which raises geopolitical risks in the Middle East. June gasoline (RBM13 -0.10%) is up +0.32%, June natural gas (NGM13 -0.49%) is down -0.84%, June gold (GCM13 +0.66%) is up +0.72%, July copper (HGN13 -0.57%) is down -0.26%. Agriculture prices are lower. The dollar index (DXY00 +0.06%) is up +0.07%. EUR/USD (^EURUSD) is down -0.10% after dovish comments from ECB Executive Board member Coeure weakened the euro. USD/JPY (^USDJPY) is up +0.19% as the yen posted a 1-week low. June 10-year T-note futures prices (ZNM13 -0.01%) are up +2 ticks.
Syria's Deputy Foreign Minister Mekdad said that recent Israeli airstrikes on his country were a "declaration of war" and that his government would retaliate in its own time. Israel has staged air strikes into Syria twice over the past 3 days reportedly targeting a shipment of missiles thought to be bound for Hezbollah militants in Lebanon, according to the Associated Press who cited unidentified Israeli officials.
The German Apr PMI Services index was unexpectedly revised up to 49.6 from the originally reported 49.2.
Eurozone Mar retail sales fell -0.1% m/m, right on expectations, and fell -2.4% y/y, weaker than expectations of -2.2% y/y.
The Eurozone Apr PMI Composite index was unexpectedly revised up to 46.9 from the originally reported 46.6.
The Eurozone May Sentix investor confidence rose +1.7 to -15.6, weaker than expectations of +2.1 to -15.2.
ECB Executive Board member Coeure said the ECB is ready to cut interest rates further if the economic outlook in the Eurozone worsens.
The China April HSBC Services PMI fell -3.2 points to 51.1 from 54.3 in March.
The Chinese yuan fell back from a 19-year high of 6.1521 against the dollar after China's currency regulator said it will increase scrutiny of cross-border capital flows entering the country disguised as trade bills.
U.S. STOCK PREVIEW
This week’s U.S. economic schedule is relatively light and is focused on this week’s $72 billion Treasury coupon package, Fed Chairman Bernanke’s keynote address on Friday, and another heavy earnings week. Q1 earnings season has peaked but there are still 46 of the S&P 500 companies that are scheduled to report this week. Q2 earnings growth for the S&P 500 companies is now expected at +5.1% y/y, better than +1.5% as of April 1, according to Thomson I/B/E/S. There are 6 of the S&P 500 companies that report earnings today: Sysco (consensus $0.43), Tyson Foods (0.45), Andarko (0.95), Frontier Communications (0.06), First Solar (0.75), EOG Resources (1.19), Vornado Realty (1.71).
Conferences this week include American Gas Association (AGA) Financial Forum on Mon, Mizuho Securities USA Healthcare Access Day on Tue, Barclays Chemical ROC Star Conference on Tue, Robert W. Baird Growth Stock Conference on Tue-Thu, Jefferies Global Technology, Media and Telecom Conference on Tue-Thu, ISI Bermuda Energy Conference on Wed, 17th Annual International Cash and Treasury Management Conference on Wed-Thu, Wells Fargo Industrial and Construction Conference on Wed-Thu, Skybridge Alternatives Conference (SALT)-Las Vegas on Wed-Thu, Sanford C. Bernstein & Co IT Services Conference on Thu.
OVERNIGHT U.S. STOCK MOVERS
Tyson Foods (TSN +1.30%) reported Q1 adjusted EPS of 36 cents, weaker than expectations of 45 cents.
Cognizant (CTSH +3.53%) was added to Evercore's "Conviction Buy List" with a $96 a share price target.
Dollar General (DG +0.19%) was upgraded to a "Buy" from "Neutral" at BofA/Merril and they raised their price target on the stock to $60 a share from $55.
Comerica (CMA +2.26%) was downgraded to "Neutral" from "Buy" at BTIG due to valuation.
Jefferies reaffirmed its "Buy" rating on Kraft Foods (KRFT +5.11%) and raised its price target on the stock to $60 a share from $52.
ADT Corp. (ADT +2.47%) was upgraded to "Equal Weight" from "Underweight" at Morgan Stanley based on valuation.
Harley-Davidson (HOG +0.35%) was initiated with an "Overweight" at Morgan Stanley with a price target of $62.
Apollo Global (APO +1.30%) reported Q1 EPS of $1.60, well ahead of consensus of $1.24.
Retailers including J.C. Penney (JCP +2.74%), Best Buy (BBY +0.99%), Barnes & Noble (BKS +1.37%), McDonald's (MCD +0.84%), Home Depot (HD +0.86%), and Gap (GPS +2.21%), lost a court bid to invalidate patents held by Alexsam related to systems that activate and recharge gift cards, according to a report by Bloomberg.
Lord, Abbett & Co. reported a 12.1% stake in Overhill Farms (OFI -1.30%).
Berkshire Hathaway (BRK) reported Q1 operating EPS of $2,302, better than consensus of $1,995.
Southwest Gas (SWX +0.42%) reported Q1 EPS of $1.73, better than consensus of $1.67.
Bunge North America reported a 10.14% passive stake in Renewable Energy (REGI +4.41%).
SAC Capital reported a 5.3% passive stake in RenaissanceRe (RNR -0.35%).
MARKET COMMENTS
June E-mini S&Ps (ESM13 -0.05%) this morning are little changed, down -0.75 of a point (-0.05%). The S&P 500 index on Friday rallied to a record high and closed higher. Stocks found support from a larger-than-expected +165,000 increase in Apr non-farm payrolls (vs expectations of +140,000). March and Feb payrolls were revised upward by an additional +114,000. Also, the Apr unemployment rate unexpectedly fell -0.1 to a 4-1/3 year low of 7.5%. Stocks shook off the -4.0% fall in Mar factory orders (vs expectations of -2.9%), and the -1.3 point slide in the Apr ISM non-manufacturing index to 53.1, a bigger drop than expectations of -0.4 to 54.0. Closes: S&P 500 +1.05%, Dow Jones +0.96%, Nasdaq 100 +1.15%.
June 10-year T-notes (ZNM13 -0.01%) this morning are up +2 ticks. June 10-year T-note futures prices on Friday tumbled to a 3-week low and closed sharply lower. The stronger-than-expected Apr non-farm payrolls boosted the outlook for economic growth and sent the S&P 500 soaring to a record high, thus reducing the safe-haven demand for Treasuries. Closes: TYM3 -25.0, FVM3 -11.5.
The dollar index (DXY00 +0.06%) this morning is up slightly by +0.054 (+0.07%). EUR/USD (^EURUSD) is down -0.0013 (-0.10%) and USD/JPY (^USDJPY) is up +0.19 (+0.19%). The dollar index on Friday rallied initially on the stronger-than-expected Apr non-farm payrolls, but then shed its gains and closed lower on speculation the data wasn’t strong enough for the Fed to reduce its dollar-negative stimulus. EUR/USD received a boost 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. Closes: Dollar index -0.099 (-0.12%), EUR/USD +0.00501 (+0.38%), USD/JPY +1.064 (+1.09%).
June WTI crude oil (CLM13 +0.09%) this morning is up +0.54 (+0.56%) and posted a fresh 1-month high in overnight trade after Israeli airstrikes into Syria over the weekend raised geopolitical risks in the Middle East. June gasoline (RBM13 -0.10%) is up +0.0090 (+0.32%). June crude oil and gasoline on Friday closed higher as June crude posted a 1-month high. Economic optimism boosted energy prices after U.S. Apr non-farm payrolls rose more than expected, which boosted the S&P 500 to a record high and stoked speculation that fuel demand will increase. Closes: CLM3 +1.62 (+1.72%), RBM3 +0.0448 (+1.61%).
GLOBAL EVENT CALENDAR05/06/2013
US1100 ETUSDA weekly grain export inspections.
1600 ETUSDA Crop Progress.
GER0355 ETRevised German Apr PMI services expected unch at 49.2.
EUR0400 ETRevised Eurozone Apr PMI composite expected unch at 46.5.
0430 ETEurozone May Sentix investor confidence expected -15.0, Apr -17.3.
0500 ETEurozone Mar retail sales expected -0.1% m/m and -2.2% y/y, Feb -0.3% /m and -1.4% y/y.
UK1901 ETUK Apr Lloyds employment confidence, Mar -45.
JPNn/aMarkets closed for final day of Golden Week holiday.
U.S. STOCK CALENDAR05/06/2013
Company NameSymbolTimeEvent DescriptionPeriodEPS Est (US$)
Sysco CorpSYY USBef-mktQ3 2013 Earnings ReleaseQ3 20130.428
Tyson Foods IncTSN USBef-mktQ2 2013 Earnings ReleaseQ2 20130.452
Covidien PLCCOV US8:00Q4 2013 Guidance CallQ4 2013
Tyson Foods IncTSN US9:00Q2 2013 Earnings CallQ2 2013
Sysco CorpSYY US10:00Q3 2013 Earnings CallQ3 2013
Celgene CorpCELG US13:00Analyst & Investor DayY 2013
Target CorpTGT US16:15Vancouver Board of Trade Presents President, Tony Fisher, Target Canada
Frontier Communications CorpFTR US16:30Q1 2013 Earnings CallQ1 2013
First Solar IncFSLR US16:30Q1 2013 Earnings CallQ1 2013
Adobe Systems IncADBE US17:30Analyst and Investor MeetingY 2013
Anadarko Petroleum CorpAPC USAft-mktQ1 2013 Earnings ReleaseQ1 20130.945
Frontier Communications CorpFTR USAft-mktQ1 2013 Earnings ReleaseQ1 20130.058
First Solar IncFSLR USAft-mktQ1 2013 Earnings ReleaseQ1 20130.747
EOG Resources IncEOG USAft-mktQ1 2013 Earnings ReleaseQ1 20131.185
Vornado Realty TrustVNO USAft-mktQ1 2013 Earnings ReleaseQ1 20131.712
Aflac IncAFL USAnnual General MeetingY 2013

Sunday, May 5, 2013

Warren Buffett Challenge - Progress report

You might remember that at the beginning of the year I wanted to test the premise that with the right tools, a little knowledge and common sense plus a disciplined approach to portfolio management any individual investor could not only beat the market but even the world most famous investor Warren Buffett and his Berkshire Hathaway fund (BRK.A).   Well here are the year to date results against 3 of my model portfolios.  I used Marketocracy to keep score on my 3 funds and the S & P 500 and Morning Star to keep score on Warren Buffett.

Warren Buffett - Bershire Hathaway (BRK.A)

Year to date - 21.52%
1 year return - 33.75%

S&P 500

Year to date - 13.95%
1 year return - 18.66%

Barchart Van Meerten New High (VMNHI)

Year to date - 12.66%
1 year return - 18.70%

Barchart Van Meerten Speculative (VMSPC)

Year to Date - 18.54%
1 year return - 35.84%

Van Meerten Small Cap (VMVLS)

Year to Date - 23.25%
1 year return - 35.84%

1 year score:

Tie:  VMVLS & VMSPC - 35.84%
3rd place BRK.A - 33.75%
4th place VMNHI - 18.70%
5th place S&P 500 - 18.66%

Breitburn Energy PArtners LP (BBEP) - sell signals

Today I deleted Breitburn Energy Partners LP (BBEP) from the Barchart Van Meerten New High Portfolio for negative price momentum.


Barchart technical indicators:
  • 60% Barchart short term sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 8.69% below its month high
  • 12.09% off its 1 year high
  • Relative Strength Index 34.28%