Friday, June 21, 2013

NewLink Genetics - Chart of the Day

Summary:

NewLink Genetics (NLNK) is the Chart of the Day.  Although analysts do not see short term growth in revenue and earnings, long range they are high on this issue.

Article:

The Chart of the Day is NewLink Genetics (NLNK).  The stock had 16 new highs in the last 20 sessions and climbed 42.62% in the last month.  The stock was found at the top of the New High List today.

This is a biopharmaceutical company which focuses on discovering, developing and commercializing immunotherapeutic products for cancer treatment. Its portfolio also includes biologic and small-molecule immunotherapy products used for the treatment of oncology indications.



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
  • 16 new highs and up 42.62% in the last month
  • Relative Strength Index 83.12%
  • Barchart computes a technical support level at 20.80
  • Recently traded at 22.52 with a 50 day moving average of 15.94
Fundamental factors:
  • Market Cap $576.51 million
  • Wall Street analysts do not project current growth in either revenue or earnings
  • 4 Wall Street analysts however have issued strong buy recommendations based on the long term return on the company's research projects
This is a highly speculative stock so monitor this position very closely and place trailing stop losses.

5 Small Cap Picks

Today I used Barchart to sort the S&P 600 Small Cap Index for the stocks with the best technical indicators and charts and found Parexel International (PRXL), Nuvasive (NUVA), Nutrisystems (NTRI), IPC The Hospitalist Company (IPCM), and Healthways (HWAY):

Parexel International (PRXL)


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 4.31% in the last month
  • Relative Strength Index 65.61%
  • Barchart computes a technical support level at 46.78
  • Recently traded at 48.45 with a 50 day moving average of 44.44
Nuvasive (NUVA)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 2 new highs and up 3.52% in the last month
  • Relative Strength Index 72.41%
  • Barchart computes a technical support level at 22.16
  • Recently traded at 23.98 with a 50 day moving average of 21.80
Nutrisystems (NTRI)


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 17.86% in the last month
  • Relative strength Index 74.38%
  • Barchart computes a technical support level at 9.80
  • Recently traded at 10.73 with a 50 day moving average of 8.73


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 9.26% in the last month
  • Relative Strength Index 75.89%
  • Barchart computes a technical support level at 51.33
  • Recently traded at 53.05 with a 50 day moving average of 47.16
Healthways (HWAY)


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 18.13% in the last month
  • Relative Strength Index 70.19%
  • Barchart computes a technical support level at 14.24
  • Recently traded at 16.56 with a 50 day moving average of 13.81











Barchart Morning Call 6/21


Friday, June 21st, 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
September E-mini S&Ps (ESU13 +0.57%) this morning are up +0.77% and European stocks are up +0.63%. Asian stocks closed mostly lower: Japan +1.66%, Hong Kong -0.59%, China -0.18%, Taiwan -1.34%, Australia -0.41%, Singapore -0.28%, South Korea -1.54%, India +0.29%. U.S. and European stocks are recovering from this week's sell-off, while Chinese money-market rates fell back from records after the PBOC added funds to the banking system. Commodity prices are mostly higher. Aug WTI crude oil (CLQ13 +0.46%) is up +0.39%. Aug gasoline (RBQ13 +0.56%) is up +0.56%, Aug natural gas (NGQ13 +0.15%) is up +0.26%, Aug gold (GCQ13 +0.52%) is up +0.53% and July copper (HGN13 +0.38%) is up +0.44%. Agriculture prices are lower. The dollar index (DXY00 +0.03%) is down -0.07%. EUR/USD (^EURUSD) is down -0.05%. USD/JPY (^USDJPY) is up +0.38%. September 10-year T-note futures prices (ZNU13 -0.01%) this morning are up +2.5 ticks.
St. Louis Fed President Bullard, who dissented in this week's FOMC decision to keep QE at present levels, said the Fed "inappropriately timed" its decision to lay out a plan to taper the pace of QE. Bullard said "a more prudent approach would be to wait for tangible signs the economy was strengthening and that inflation was on a path to return toward target before making such as announcement." He added that it was a mistake to make such an announcement the same day as the Fed marked down forecasts of economic growth and inflation for this year and that "policy action should be undertaken to meet policy objectives and not calendar objectives."
The Eurozone May current account (sa) fell to a 19.5 billion euro surplus from a 25.9 billion euro surplus in April.
UK May public sector net borrowing rose to 10.5 billion pounds from a revised 6.6 billion pounds in Apr, slower than expectations of 13.5 billion pounds.
China's money-market rates tumbled from record highs after the PBOC injected funds into the banking system via reverse-repurchase agreements to alleviate a cash crunch. China's overnight repurchase rate dropped 442 bp to 8.43%, and the 7-day rate fell 227 bp to 8.50%. The PBOC had refrained from using open-market operations to add funds to the banking system since Feb in an attempt to regulate shadow banking and to direct more money toward growth rather than speculation.
U.S. STOCK PREVIEW
There are no economic reports today but the markets will continue to adjust to Fed Chairman Bernanke's announcement on Wednesday of the likely schedule for ending QE3.  There are two of the Russell 1000 companies that report earnings today:  Darden Restaurants (consensus $1.04), and CarMax (0.58).  Equity conferences today include St. Petersburg International Economic Forum (SPIEF 2013) on Thu-Fri.
OVERNIGHT U.S. STOCK MOVERS
CarMax (KMX -6.11%) reported Q1 EPS of 64 cents, better than consensus of 58 cents.
Cardinal Health (CAH -2.69%) was upgraded to "Outperform" from "Market Perform" at William Blair.
Newmont Mining (NEM -6.74%) was downgraded to "Neutral" from "Buy" at UBS following a lowered gold price target at the firm.
Facebook (FB -1.69%) was upgraded to "Buy" from "Neutral" at UBS who also raised their price target on the stock to $30 from $28.
Darden Restaurants (DRI -2.64%) reported Q4 EPS of $1.02, weaker than consensus of $1.04.
Forest Oil (FST -4.44%) will replace Enzo Biochem (ENZ -1.73%) in the S&P SmallCap 600 as of the June 28 close.
News Corp. (NWSA -2.95%) will replace Apollo Group (APOL -0.75%) in the S&P 500 and Apollo Group will replace Forest Oil (FST -4.44%) in the S&P MidCap 400 as of the June 28 close.
iCAD (ICAD -1.37%) announced approval by the U.S. Food and Drug Administration for use of the company’s SecondLook mammography computer-aided detection system.
TIBCO (TIBX -1.73%) reported Q2 adjusted EPS of 18 cents, right on consensus, and reported Q2 revenue of $245.8 million, slightly below consensus of $246.55 million.
Oracle (ORCL -2.58%) slumped nearly 8% in after-hours trading after it reported Q4 adjusted EPS of 87 cents, right on consensus, and said Q4 adjusted revenue was $11.0 billion, slightly below consensus of $11.12 billion. Oracle also raised its quarterly dividend to 12 cents from 6 cents, announced a $12 billion share buyback program, and said it will list its stock on the NYSE.

MARKET COMMENTS
September E-mini S&Ps (ESU13 +0.57%) this morning are up +12.25 points (+0.77%). The S&P 500 index on Thursday slumped to 1-1/2-month low and closed lower. Bearish factors included (1) the surge in the 10-year T-note yield to a 1-3/4 year high of 2.47% on Fed Chairman Bernanke’s timetable for ending QE3, and (2) concern about the Chinese economy after the China Jun HSBC flash manufacturing PMI fell to a 9-month low of 48.3 from 49.2 in May. Stocks ignored the rise in the Jun Philadelphia Fed manufacturing index to a 2-year high and the rise in May existing home sales to a 3-1/3 year high. Closes: S&P 500 -2.50%, Dow Jones -2.34%, Nasdaq 100 -2.34%.
September 10-year T-notes (ZNU13 -0.01%) this morning are up +2.5 ticks. Sep 10-year T-note futures prices on Thursday plummeted to a contract low. The 10-year T-note yield catapulted up to a 1-3/4 year high of 2.47% on carry-over bearishness from Wednesday’s comments from Fed Chairman Bernanke who said that the Fed will likely trim QE3 later this year. T-notes failed to garner much support from either the larger-than-expected increase in weekly jobless claims or the plunge in stocks. Closes: TYU3 -26.00, FVU3 -13.25.

The dollar index (DXY00 +0.03%) this morning is down -0.054 (-0.07%). EUR/USD (^EURUSD) is down -0.0006 (-0.05%) and USD/JPY (^USDJPY) is up +0.37 (+0.38%). The dollar index on Thursday climbed to a 2-week high and closed higher. The dollar strengthened on (1) carry-over support from Wednesday’s comments from Fed Chairman Bernanke who signaled the Fed is getting closer to reducing its dollar-negative QE3 program, and (2) stronger-than-expected May existing home sales and Jun Philadelphia Fed manufacturing reports. Closes: Dollar index +0.487 (+0.60%), EUR/USD -0.00754 (-0.57%), USD/JPY +0.832 (+0.86%).
Aug WTI crude oil (CLQ13 +0.46%) this morning is up +37 cents (+0.39%) and Aug gasoline (RBQ13 +0.56%) is up +0.0155 (+0.56%). Aug crude oil and gasoline prices on Thursday fell to 1-week lows and closed sharply lower. Bearish factors include (1) dollar strength on expectations for the Fed to start reducing QE3, and (2) concerns about an economic slowdown in China after the China Jun HSBC flash manufacturing PMI fell to a 9-month low of 48.3. Closes: CLQ3 -3.34 (-3.39%), RBQ3 -0.0999 (-3.46%).
GLOBAL EVENT CALENDAR06/21/2013
US1500 ETMay Cattle on Feed.
1500 ETMay Cold Storage.
EUR0400 ETEurozone Apr current account, Mar 24.8 billion euros and 25.9 billion euros (sa).
UK0430 ETUK May public sector net borrowing expected +13.5 billion pounds, Apr +8.0 billion pounds.
U.S. STOCK CALENDAR06/21/2013
Company NameSymbolTimeEvent DescriptionPeriodEPS Est (US$)
Darden Restaurants IncDRI USBef-mktQ4 2013 Earnings ReleaseQ4 20131.04
CarMax IncKMX USBef-mktQ1 2014 Earnings ReleaseQ1 20140.582
Darden Restaurants IncDRI US8:30Q4 2013 Earnings CallQ4 2013
CarMax IncKMX US9:00Q1 2014 Earnings CallQ1 2014
Walt Disney Co/TheDIS USU.S. Box Office Release of Movie Monsters University""
Questar CorpSTR USRoadshow - Europe - Day 5Y 2013
Armstrong World Industries IncAWI USAnnual General Meeting

Thursday, June 20, 2013

Stein Mart - Barchart's Chart of the Day

Summary:

Stein Mart (SMRT) is the Chart of the Day.  The discount retailer has an 80% Barchart technical buy signal and has advanced in 15 of the last 20 sessions for a gain of 16.49%.

Article:

The Chart of the Day is Stein Mart (SMRT).  The stock was found by sorting the New High List for frequency.  The stock advanced in 15 of the last 20 session for a gain of 16.49%.

The company operates retail store chain offering fashionable, current-season, primarily branded merchandise comparable in quality and presentation to that of traditional department and fine specialty stores at prices typically 25% to 60% below those regularly charged by such stores. The company is focused on assorting merchandise that features moderate to designer brand-name apparel for women, men and children, as well as accessories, gifts, linens, shoes and fragrances.




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:

  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 2, 50 and 100 day moving averages
  • 15 new highs and up 16.49% in the last month
  • Relative Strength Index 74.74%
  • Barchart computes  a technical support level at 13.19
  • Recently traded at 13.56 with a 50 day moving average of 10.82
Fundamental factors:
  • Market Cap $ 592.84 million
  • P/E 21.11
  • Revenue projected to grow by 2.00% this year and another 4.30% next year
  • Earnings estimated to increase by 18.5% this year, and additional 18.80% next year and continue to increase by 15.00% annually for the next 5 years
  • Wall Street analysts issued 3 strong buy recommendations
  • Financial Strength C++
Exit if the stock drops below the 50 day moving average.

5 Mid Cap Winners

Today I used Barchart to sort the S & P 400 Mid Cap Index to find the stocks with the best Barchart technical indicators and charts. The list today includes Webster Financial Services (WBS),  R R Donnelley and Sons (RRD), Primerica (PRI), Meredith (MDP), Dreamworks Animation (DWA):

Webster Financial Services (WBS):


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 1.55% in the last month
  • Relative Strength Index 57.61%
  • Barchart computes a technical support level at 24.10
  • Recently traded at 24.45 with a 50 day moving average of 23.35


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 2.56% in the last month
  • Relative Strength Index 57.39%
  • Barchart computes  a technical support level at 12.61
  • Recently traded at 13.22 with a 50 day moving average of 12.50
Primerica (PRI)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 7.81% in the last month
  • Relative Strength Index 65.19%
  • Barchart computes a technical support level at 36.81
  • Recently traded at 37.25 with a 50 day moving average of 34.58
Meredith (MDP)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 4 new highs and up 5.46% in the last month
  • Relative Strength Index 64.88%
  • Barchart computes a technical support level at 45.03
  • Recently traded at 44.98 with a 50 day moving average of 40.77


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 12.43% in the last month
  • Relative Strength Index 74.99%
  • Barchart computes  a technical support level at 23.93
  • Recently traded at 24.74 with a 50 day moving average of 21.36













Barchart Morning Call 6/20

Thursday, June 20th, 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
September E-mini S&Ps (ESU13 -0.94%) this morning are down -0.82% and European stocks are down -2.51%. Asian stocks closed lower: Japan -1.74%, Hong Kong -2.88%, China -3.30%, Taiwan -1.35%, Australia -2.12%, Singapore -2.51%, South Korea -2.11%, India -2.74%. Global stocks, bonds and commodities have all fallen sharply after the Fed said it may phase out stimulus. European stocks were also pressured after German manufacturing activity unexpectedly contracted further this month. China's Shanghai Stock Index tumbled over 3% to a 6-month low after China's manufacturing activity contracted further this month and after its cash crunch worsened. Commodity prices are sharply lower. Aug WTI crude oil (CLQ13 -1.77%) is off by -2.04%. Aug gasoline (RBQ13 -1.55%) is down -1.84%, Aug natural gas (NGQ13 -1.58%) is down -1.28%, Aug gold (GCQ13 -5.48%) is down -5.47% at a 2-3/4 year low and July copper (HGN13 -1.85%) is down -1.91% at a 1-1/2 month low. Agriculture prices are weaker. The dollar index (DXY00 +0.70%) is up +0.65% at a 1-1/2 week high. EUR/USD (^EURUSD) is down -0.71%. USD/JPY (^USDJPY) is up +1.42%. September 10-year T-note futures prices (ZNU13 -0.88%) this morning are down -26 ticks and the 10-year T-note yield has soared overnight to a 1-3/4 year high of 2.45%.
The Eurozone Jun PMI composite gained +1.2 points to 48.9, stronger than expectations of +0.4 to 48.1 and its best level in 15-months.
The German Jun PMI manufacturing unexpectedly fell -0.7 to 48.7, weaker than expectations of +0.5 to 49.9, although the Jun PMI services rose +1.6 to a 4-month high of 51.3, stronger than expectations of +0.3 to 50.0.
German May producer prices fell -0.3% m/m, a bigger drop than expectations of -0.1% m/m and the fourth consecutive monthly decline, while prices rose +0.2% y/y, a smaller increase than expectations of +0.3% y/y.
UK May retail sales ex-auto fuel climbed +2.1% m/m and +2.1% y/y, better than expectations of +1.0% m/m and +0.5% y/y, and May retail sales with auto fuel rose +2.1% m/m and +1.9% y/y, also stronger than expectations of +0.8% m/m and +0.2% y/y.
The China Jun HSBC flash manufacturing PMI contracted further to 48.3 from 49.2 in May, a sign the economic slowdown in China is deepening.
China's 7-day repurchase rate, a gauge of interbank funding availability, rose to 11.2%, the highest since data began in 2003 and a sign of a money-market cash crunch, as the PBOC has refrained from using reverse-repos to inject funds into the interbank market since Feb 7.
U.S. STOCK PREVIEW
Today’s weekly initial unemployment claims report is expected to show an increase of +6,000 to 340,000, reversing one-half of last week’s decline of -12,000 to 334,000. Today’s May existing home sales report is expected to show a modest increase of +0.6% to 5.00 million, adding to the +0.6% increase to 4.97 million seen in April. Today’s June Philadelphia Fed manufacturing index is expected to show a +3.2 point increase to -2.0 after the -6.5 point decline to -5.2 seen in May. The Treasury today will sell $7 billion of 30-year TIPS in a reopening of the 5/8% 30-year TIPS security of Feb 2043 that was first sold this past February. The are four of the Russell 1000 companies that report earnings today: Kroger (consensus $0.88), IHS (1.05), Oracle (0.87), and TIBCO Software (0.19).
Equity conferences during the remainder of this week include 9th Annual Commercial Contracts and Chargeback Management on Wed-Thu, 3rd Next Generation Sequencing on Thu, St. Petersburg International Economic Forum (SPIEF 2013) on Thu-Fri.
OVERNIGHT U.S. STOCK MOVERS
Sprint (S -4.37%) was downgraded to "Hold" from "Buy" at Argus.
Reuters reported that Microsoft (MSFT -1.11%) wants to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 to anybody who helps identify and fix major security holes in its software.
FedEx (FDX +1.07%) was downgraded to "Equal Weight" from "Overweight" at Morgan Stanley.
Rite Aid (RAD -0.64%) reported Q1 EPS of 9 cents, right on consensus, although Q1 revenue of $6.29 billion was better than consensus of $6.27 billion.
GameStop (GME +0.18%) rose 6% in after-hours trading after Microsoft reversed its rental policy for Xbox One games and will now allow users to trade-in and rent disc-based games the same way they do on the current Xbox 360 console.
Ann Inc. (ANN -0.87%) was upgraded to "Outperform" from "Perform" at Oppenheimer.
American Eagle (AEO -2.30%) was downgraded to "Perform" from "Outperform" at Oppenheimer.
Red Hat (RHT -0.88%) reported Q1 adjusted EPS of 32 cents, better than consensus of 31 cents.
Jabil Circuit (JBL -0.50%) reported Q3 EPS of 56 cents, better than consensus of 54 cents.
Micron (MU +1.60%) reported Q3 EPS of 4 cents, double consensus of 2 cents.
Nokia (NOK -0.26%) is up 3% in after-hours trading after Dow Jones reported that Microsoft (MSFT -1.11%) and Nokia were in advanced talks on devices business.
Finisar (FNSR +0.55%) is up 10% in after-hours trading after it reported Q4 EPS of 20 cents, better than consensus of 17 cents.
MARKET COMMENTS
September E-mini S&Ps (ESU13 -0.94%) this morning are down -13.25 points (-0.82%). The S&P 500 index on Wednesday closed lower on concern that the Fed is closer to ending its stimulus measures after the post-FOMC statement said the labor market shows “further improvement” and that downside risks to the economy have diminished since autumn. Another negative factor for stocks was the FOMC’s cut in the upper end of its its 2013 U.S. GDP growth estimate range to 2.3%-2.6% from its March estimate of 2.3%-2.8%. Closes: S&P 500 -1.39%, Dow Jones -1.35%, Nasdaq 100 -1.22%.
September 10-year T-notes (ZNU13 -0.88%) this morning are down -26 ticks and the 10-year T-note yield has soared overnight to a 1-3/4 year high of 2.45%. Sep 10-year T-note futures prices on Wednesday closed sharply lower as the 10-year T-note yield soared to a 1-1/4 year high of 2.329% after the hawkish FOMC statement. The FOMC said the labor market shows “further improvement” and that downside risks to the economy have diminished since autumn, while Fed Chairman Bernanke said the Fed is on course to end QE in mid-2014 if the economy continues to improve. Closes: TYU3 -1-10.5/32, FVU3 -27.50.

The dollar index (DXY00 +0.70%) this morning is up +0.530 (+0.65%) at a 1-1/2 week high. EUR/USD (^EURUSD) is down -0.0094 (-0.71%) and USD/JPY (^USDJPY) is up +1.37 (+1.42%). The dollar index on Wednesday dropped to a 4-month low early in the session but recovered its losses and closed higher after the Fed indicated in its post-FOMC statement that it is closer to tapering QE when it said downside risks to the economy have diminished. Closes: Dollar index +0.678 (+0.84%), EUR/USD -0.00983 (-0.73%), USD/JPY +1.12 (+1.18%).
Aug WTI crude oil (CLQ13 -1.77%) this morning is down -$2.01 (-2.04%) a barrel and Aug gasoline (RBQ13 -1.55%) is down -5.30 cents per gallon (-1.84%). Aug crude oil and gasoline prices on Wednesday closed mixed. Aug crude posted a 4-month high and nearest-futures July climbed to a 9-month high early in the session after the dollar index slid to a 4-month low. However, crude oil prices fell back as the dollar rebounded after the Fed indicated it is closer to ending QE. Another bearish factor was the weekly EIA data that showed U.S. crude inventories unexpectedly climbed +313,000 bbl vs. expectations of a -500,000 bbl draw. Closes: CLQ3 -0.19 (-0.19%), RBQ3 +0.0128 (+0.45%).
GLOBAL EVENT CALENDAR06/20/2013
US0830 ETWeekly initial unemployment claims expected +6,000 to 340,000, previous -12,000 to 334,000. Weekly continuing claims expected -15,000 to 2.958 million, previous +2,000 to 2.973 million.
0830 ETUSDA weekly Export Sales.
1000 ETJun Philadelphia Fed manufacturing index expected +3.2 to -2.0, May -6.5 to -5.2.
1000 ETMay existing home sales expected +0.6% to 5.00 million, Apr +0.6% to 4.97 million.
1000 ETMay leading indicators expected +0.2%, Apr +0.6%.
1100 ETTreasury announces amounts of 2-year T-notes (previous $35 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Jun 25-27.
1300 ETTreasury auctions $7 billion 30-year TIPS.
JPN0100 ETRevised Japan Apr coincident index CI. Revised Apr leading index CI.
GER0200 ETGerman May producer prices expected -0.1% m/m and +0.3% y/y, Apr -0.2% m/m and +0.1% y/y.
0330 ETGerman Jun PMI manufacturing expected +0.5 to 49.9, May +1.3 to 49.4. Jun PMI services expected +0.5 to 50.2, May +0.1 to 49.7.
EUR0400 ETEurozone Jun PMI composite expected +0.4 to 48.1, May 47.7. Eurozone Jun PMI manufacturing, May +1.6 to 48.3. June PMI services, May +0.2 to 47.2.
1000 ETEurozone Jun consumer confidence expected +0.4 to -21.5, May -21.9.
UK0430 ETUK May retail sales ex auto fuel expected +1.0% m/m and +0.5% y/y, Apr -1.4% m/m and +0.2% y/y. May retail sales with auto fuel expected +0.8% m/m and +0.2% y/y, Apr -1.3% m/m and +0.5% y/y.
0600 ETUK Jun CBI trends total orders expected -12, May -20. Jun CBI trends selling prices expected 4, May 4.
U.S. STOCK CALENDAR06/20/2013
Company NameSymbolTimeEvent DescriptionPeriodEPS Est (US$)
Kroger Co/TheKR USBef-mktQ1 2014 Earnings ReleaseQ1 20140.884
IHS IncIHS USBef-mktQ2 2013 Earnings ReleaseQ2 20131.05
Stratasys LtdSSYS US7:00Business Update Call
IHS IncIHS US8:00Q2 2013 Earnings CallQ2 2013
Taubman Centers IncTCO US8:15Investor DayY 2013
Kroger Co/TheKR US10:00Q1 2014 Earnings CallQ1 2014
PVH CorpPVH US10:00Annual General MeetingY 2013
Ariad Pharmaceuticals IncARIA US10:00Annual General MeetingY 2013
Abercrombie & Fitch CoANF US10:00Annual General MeetingY 2013
Best Buy Co IncBBY US10:30Shareholders MeetingY 2013
TIBCO Software IncTIBX US16:30Q2 2013 Earnings CallQ2 2013
Oracle CorpORCL US17:00Q4 2013 Earnings CallQ4 2013
Oracle CorpORCL USAft-mktQ4 2013 Earnings ReleaseQ4 20130.874
TIBCO Software IncTIBX USAft-mktQ2 2013 Earnings ReleaseQ2 20130.186
Questar CorpSTR USRoadshow - Europe - Day 4Y 2013
Apple IncAAPL USApple Price-Fixing Trial-Closing Arguments
Ariad Pharmaceuticals IncARIA USAnnual General Meeting
Dollar Tree IncDLTR USAnnual General Meeting
Teradata CorpTDC USRoadshow - WarsawY 2013
VeriFone Systems IncPAY USAnnual General Meeting
Fortinet IncFTNT USAnnual General Meeting

Wednesday, June 19, 2013

United Online - Barchart's Chart of the Day

Summary:

United Online (UNTD) is the Chart of the Day. The Internet service provider has a 100% technical buy signal and has advanced in 15 of the last 20 sessions for a gain of 22.77%.

Article:

The Chart of the Day is United Online (UNTD).  I found the stock by sorting the New High List for frequency.  The stock advanced 11 times and is up 22.77% in the last month.  The Relative strength Index is 79.77%

They are nationwide Internet Service Provider (ISP). The company commenced operations as the result of its acquisition of NetZero and Juno Online Services - two of the leading Internet access brands in the United States and Canada. Through its subsidiaries, United Online offers both free and value-priced Internet access services in more than 5,000 cities.


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
  • 15 new highs and up 22.77% in the last month
  • Relative Strength Index 79.77%
  • Barchart computes a technical support level at 7.24
  • Recently traded at 7.71 with a 50 day moving average of 6.62
Fundamental factors:
  • Market Cap $709.78 Million
  • P.E 14.62
  • Dividend yield 5.47%
  • Revenue projected to grow .60% next year
  • Earnings estimated to increase 8.00% next year and continue to increase annually by 15.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy recommendations
  • Financial Strength B
Exit if the stock drops below its 50 day moving average


5 Large Cap Winners

Today I used Barchart to sort the S & P 500 Large Cap Index for the stocks hitting the most frequent new highs.  My list includes Micron Technology (MU), Boeing (BA), Delphi Automotive (DEPH), CME Group (CME) and Precision Castparts (PCP):

Micron Technology (MU)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 23.52% in the last month
  • Relative strength Index 78.85%
  • Barchart computes a technical support level at 13.16
  • Recenlty traded at 13.97 with a 50 day moving average of 10.93
Boeing (BA)


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 3.37% in the last month
  • Relative Strength Index 60.04%
  • Barchart computes a technical support level at 102.13
  • Recently traded at 102.35 with a 50 day moving average of 95.58


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 7.36% in the last month
  • Relative Strength Index 72.18%
  • Barchart computes a technical support level at 51.10
  • Recently traded at 52.09 with a 50 day moving average of 46.94


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 16.56% in the last month
  • Relative strength Index 74.38%
  • Barchart computes a technical support level at 74.38
  • Recently traded at 75.96 with a 50 day moving average of 64.85


Barchart technical indicators:
  • 32% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 1.72% in the last month
  • Relative Strength Index 55.57%
  • Barchart computes a technical support level at 217.47
  • Recently traded at 216.66 with a 50 day moving average of 203.27











Christopher and Banks (CBK) sell signals

This morning I deleted Christopher and Banks (CBK) for the Barchart Van Meerten Speculative portfolio of negative price momentum:


Barchart technical indicators:
  • 60% Barchart short term sell signal
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 22.10% below its 1 year high
  • Relative Strength Index 35.90%


Monday, June 17, 2013

ProofPoint - Chart of the Day

Summary:

ProofPoint (PFPT) is the Chart of the Day.  The computer security company of cloud based applications had 15 new highs in the last 20 sessions for a gain of 21.03%

Article:

The Chart of the Day is ProofPoint (PFPT) with 96% Barchart technical buy signals and a Trend Spotter buy signal.  The stock has 15 new highs for a gain of 21.03% in the last month. The stock was found by sorting the New High List for frequency.

The company is a leading security-as-a-service provider that focuses on cloud-based solutions for threat protection, compliance, archiving & governance, and secure communications. They provide expertise, patented technologies, and on-demand delivery system to protect against phishing, malware and spam, safeguard privacy, encrypt sensitive information, and archive and govern messages and critical enterprise information.



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
  • 15 new highs and up 21.03% in the last month
  • Relative strength Index 70.90%
  • Barchart computes a technical support level at 21.22
  • Recently traded at 22.33 with a 50 day moving average of 18.91
Fundamental factors:
  • Market Cap $737.87 million
  • Revenue projected to grow by 21.50% this year and 18.10% next year
  • Earnings are estimated to increase 74.30% next year
  • Wall Street analysts issued 3 strong buy recommendations
Exit if the stock drops below its 50 day moving average.

5 Nasdaq 100 Picks

Today I used Barchart to sort the NASDAQ 100 Index to find the stocks with the best technical indicators and charts.  My list includes Bed Bath and Beyond (BBBY), Henry Schein (HSIC), Sandisk (SNDK), Staples (SPLS),  Applied Material (AMAT):

Bed Bath and Beyond (BBBY)




Barchart technical indicators:
  • 100% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 2.97% in the last month
  • Relative Strength Index 63.26%
  • Barchart computes a technical support level at 69.99
  • Recently traded at 71.26 with a 50 day moving average of 68.18
Henry Schein (HSIC)


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 2.48% in the last month
  • Relative Strength Index 63.95%
  • Barchart computes  a technical support level at 96.04
  • Recently traded at 97.79 with a 50 day moving average of 93.40
Sandisk (SNDK)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Sp[otter buy signal
  • Above its 20, 50 and 100 day moving averages 
  • 4 new highs and up 2.52% in the last month
  • Relative Strength Index 64.91%
  • Barchart computes a technical support at 58.10
  • Recently traded at 61.29 with a 50 day moving average of 56.78
Staples (SPLS)


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 13.16% in the last month
  • Relative Strength Index 77.71%
  • Barchart computes a technical support level at 15.44
  • Recently traded at 16.43 with a 50 day moving average of 14.16


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Sp[otter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 5.61% in the last month
  • Relative Strength Index 63.59%
  • Barchart computes a technical support level at 15.15
  • Recently traded at  15.80 with a 50 day moving average of 14.52










Sunday, June 16, 2013

5 Small Cap Pics

Today I used Barchart to sort the S&P 600 Small Cap Index for the stocks with the best technical indicators and charts.  The list today includes Salix Pharmaceuticals (SLXP), Ruth's Hospitality Group (RUTH), Pro-Assurance (PRA), Live Nation Entertainment (LYV) and Lance (LNCE):

Salix Pharmaceuticals (SLXP)


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 11.82% in the last month
  • Relative Strength Index 77.92%
  • Barchart computes a technical support level at 65.20
  • Recently traded at 66.30 with a 50 day moving average of 55.99


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 4.60% in the last month
  • Relative strength Index 69.05%
  • Barchart computes  a technical support level at 11.86
  • Recently traded at 12.27 with a 50 day moving average of 10.83



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 1.29% in the last month
  • Relative Strength Index 68.12%
  • Barchart computes a technical support level at 51.25
  • Recently traded at 51.73 with a 50 day moving average of 49.61


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 10.48% in the last month
  • Relative Strength Index 64.90%
  • Barchart computes a technical support level at 15.10
  • Recently traded at 15.350 with a 50 day moving average of 13.36
Lance (LNCE)


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 2.02% in the last month
  • Relative Strength Index 62.69%
  • Barchart computes a technical support level at 26.78
  • Recently traded at 27.25 with a 50 day moving average of 25.83












Symetra Financial - Breakout Chart

Summary:

Symetra Financial (SYA) looks like a typical breakout chart.  In the last 20 trading sessions the stock advanced 16 times for a gain of 13.85%.  The Relative strength Index is 78.20%

Article:

The Chart of the Day is Symetra Financial (SYM).  I found the stock by sorting the New High List for frequency. One of your most frequent questions in how do I spot a breakout stock in its early stages.  The best way is to look at the New High List each day and sort for frequency.  Use the flipchart feature to review the stocks that had at least 10 advances in the last month.

The Company offers an array of employee benefits, annuities and life insurance products through four operating segments: Group, Retirement Services, Income Annuities and Individual. Group includes medical stop-loss insurance, limited medical benefit plans, and group life, accidental death and dismemberment insurance and disability income insurance to employer groups. Retirement Services include fixed and variable deferred annuities, including tax-sheltered annuities, individual retirement accounts and group annuities to qualified 401(k), 403(b) and 457 retirement plans. Income Annuities include single-premium immediate annuities, single-premium deferred-payout annuities, and structured settlement annuities to fund third-party personal injury settlements. Individual includes term, universal and variable life insurance, as well as bank-owned life insurance.


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
  • 16 new highs and up 13.85% in the last month
  • Relative Strength Index 78.20%
  • Barchart computes a technical support level at 15.12
  • Recently traded at 15.37 with a 50 day moving average of 13.71
Fundamental factors:
  • Market Cap $1.83 billion
  • P/E 12.07
  • Dividend yield 2.07%
  • Revenue projected to increase 1.60% this year and another .50% next year
  • Earnings estimated to grow 3.70% this year, an additional 5.80% next year and continue to increase on a annual basis at the rate of 9.00% for the next 5 years
  • Wall Street analysts issued 5 hold and 4 sell recommendations
No one can predict a target price no matter how hard they try so always monitor a stocks momentum and bail if it drops below its 50 day moving average.