BacFirst - Barchart's Chart of the Day

Summary:

BancFirst (BANF) is the Chart of the Day. The bank holding company hit 15 new highs and is up 6.84% for the month. Analysts expect earnings to increase 12.00% annually for the next 5 years.

Article:

The Chart of the Day is BancFirst (BANF).  The stock has 100% Barchart technical buy signals,  a Trend Spotter buy and a Relative strength Index of 70.31%. The stock was found on the New High List after being sorted for frequency.

 BancFirst's strategy focuses on providing a full range of commercial banking services to retail customers and small to medium-sized businesses both in the non-metropolitan trade centers and the metropolitan markets. They operate as a "super community bank", managing their community banking offices on a decentralized basis, which permits them to be responsive to local customer needs.

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 6.84% in the last month
• Relative Strength Index 70.31%
• Barchart computes a technical support level at 44.92
• Recently traded at 46.55 with a 50 day moving average of 43.30

Fundamental factors:

• Market Cap $709.89 million
• P/E 15.10
• Dividend yield 2.53%
• Revenue predicted to grow 1.20% this year and another 3.10% next year
• Earnings estimated to increase 1.80% this year, an additional 2.70% next year and continue to increase annually by 12.00% for the next 5 years
• Wall Street analysts issued 1 buy and 2 hold recommendations
• Financial Strength B++

Exit the position if it drops below its 50 day moving average.

CNO Financial - Barchart's Chart of the Day

Summary:

CNO Financial (CNO is the Chart of the Day.  The insurance holding company had 14 new highs and was up 11.89% in the past month.  Even through the recent market slump the stock has a Relative Strength Index of 60.69%.

Article:

The Chart of the Day is CNO Financial Group (CNO)  The stock has both 100% Barchart technical buy signals and a Trend Spotter buy signal.  I found the stock by sorting the New High List for frequency then using the flipchart feature to review the charts.

It is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer supplemental health insurance, annuity, individual life insurance and other insurance products. They serve America's middle-income consumers, with a focus on seniors. It manages its business through the following three primary operating segments: Bankers Life, Colonial Penn and Conseco Insurance Group. Bankers Life markets and distributes health and life insurance products and annuities to the middle-income senior market. Colonial Penn markets primarily graded benefit and simplified issue life insurance directly to customers through television advertising, direct mail, the internet and telemarketing. Conseco Insurance Group markets and distributes specified disease insurance, accident, disability, life insurance and annuities to middle-income consumers at home and at the worksite.

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
• 14 new highs and up 11.89% in the last month
• Relative Strength Index 60.69%
• Barchart computes a technical support level at 12.88
• Recently traded at 12.89 with a 50 day moving average of 11.99

Fundamental factors:

• Market Cap  $2.88 billion
• P/E 13.85 
• Dividend yield .94%
• Revenue projected to decrease .20% this year but increase .80% next year
• Earnings are estimated to grow 43.70% this year, an additional 16.70% next year and continue to grow annually by 9.00% for the next 5 years
• Wall Street analysts issued 1 strong buy and 3 hold recommendations

As always follow the moving averages of the stocks in your portfolio with special attention given to stock trading below their 50 day moving averages or are now trading more than 10% below their recent high.

Responsys - Barchart's Chart of the Day

Summary:

Responsys (MKTG) is the Chart of the Day. The marketing relationship software provider hit 13 new highs and is up 46.87% in the last month with a Relative strength Index of 83.97%.

Article:

The Chart of the Day is Responsys (MKTG).  The stock is soaring with 13 new highs and a gain of 46.87% in the last month.  I found the stock on the New High List when I sorted it for frequency.

It provides on-demand software that enable companies to engage in relationship marketing across the interactive channels of email, mobile, social and the web. Its solution consists of Responsys Interact Suite, on-demand software and professional services. The Responsys Interact Suite is comprised of several integrated applications that enable the design, management and automation of tasks and processes for executing email and marketing campaigns across interactive channels.

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
• 13 new highs and up 46.87% in the last month
• Relative Strength Index 83.97%
• Barchart computes a technical support level at 13.52
• Recently traded at 14.32 with a 50 day moving average of 10.12

Fundamental factors:

• Market Cap $703.54 million
• P/E 97.86
• Revenue projected to grow by 18.10% this year and another 17.00% next year
• Earning estimated to increase by 33.30% next year and continue to grow annually by 22.00% for the next 5 years.

This stock has moved fast so monitor you moving averages closely and expect a momentum correction.

5 Small Cap Picks

Today I used Barchart to sort the S&P 600 Small Cap Index to find the stocks with the best technical indicators and charts.  I had to work my way further down the list today to find stocks with both good technical indicators and positive charts but found Comscore (SCOR), Engility Holdings (EGL), Ceva (CEVA), Dealertrack Holdings (TRAK) and Allegiant Travel (ALGT):

Comscore (SCOR)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 18.52% in the last month
• Relative Strength Index 70.02%
• Barchart computes a technical support level at 22.80
• Recently traded at 23.35 with a 50 day moving average of 19.24

Engility Holdings (EGL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 17.13% in the last month
• Relative Strength Index 69.96%
• Barchart computes a technical support level at 27.17
• Recently traded at 28.10 with a 50 day moving average of 25.11

Ceva (CEVA)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 14.20% in the last month
• Relative Strength Index 69.29%
• Barchart computes a technical support level at 18.19
• Recently traded at 18.50 with a 50 day moving average of 16.23

Dealertrack Holdings (TRAK)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 11.72% in the last month
• Relative Strength Index 66.09%
• Barchart computes a technical support level at 33.00
• Recently traded at 34.70 with a 50 day moving average of 30.99

Allegiant Travel (ALGT)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 an d100 day moving averages
• 11 new highs and up 12.52% in the last month
• Relative Strength Index 65.99%
• Barchart computes a technical support level at 102.62
• Recently traded at 105.19 with a 50 day moving average of 95.11

Barchart Morning Call 6/26

BARCHART MORNING CALL

Wednesday, June 26th, 2013View 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 +0.54%) this morning are up +0.41% and European stocks are up +2.00%. Asian stocks closed mostly higher: Japan -1.04%, Hong Kong +2.43%, China +0.13%, Taiwan +1.59%, Australia +1.63%, Singapore +0.47%, South Korea -0.10%, India -0.41%. U.S. and European stocks rallied after German consumer confidence rose and after Chinese money-market rates fell for a fourth day. China's overnight repurchase rate dropped -40 bp to 5.6% when the PBOC eased liquidity concerns after it released a statement that said it will provide support to those banks with temporary funding needs if they are lending to help the economy and that for banks with liquidity-management problems, it will "take corresponding measures according to circumstances." Commodity prices are mostly lower. Aug WTI crude oil (CLQ13 -0.24%) is down -0.43%. Aug gasoline (RBQ13 -0.25%) is down -0.30%, Aug natural gas (NGQ13 +1.01%) is up +0.74%, Aug gold (GCQ13 -3.63%) is down -3.63% at a fresh 2-3/4 year low and July copper (HGN13 -1.16%) is down -1.01%. Agriculture prices are mixed. The dollar index (DXY00 +0.37%) is up +0.34%. EUR/USD (^EURUSD) is down -0.41% at a 3-week low after ECB President Draghi said monetary policy "will stay accommodative for the foreseeable future." USD/JPY (^USDJPY) is down -0.11%. September 10-year T-note futures prices (ZNU13 +0.15%) this morning are up +4.5 ticks.
ECB President Draghi said the ECB's monetary policy "will stay accommodative for the foreseeable future." He bolstered expectations for additional stimulus measures when he said "We have an open mind about all other possible instruments that we may consider proper to adopt and that an exit from accommodative policies remains distant."
The German July GfK consumer confidence survey unexpectedly rose +0.3 to 6.8, stronger than expectations of unch at 6.5 and its highest level in 5-3/4 years.
The Reserve Bank of India intervened in the currency market today and sold dollars in an attempt to slow the slide in the rupee which plunged to a record low of 60.3775 per dollar.

U.S. STOCK PREVIEW

The market is not expecting any revisions for today's Q1 GDP report of +2.4% or the Q1 personal consumption report of +3.4%. The Treasury today will sell $35 billion in 5-year T-notes, continuing this week’s $99 billion package of 2-year, 5-year and 7-year T-notes. There are five of the Russell 1000 companies that report earnings today: General Mills (consensus $0.54), Monsanto (1.59), Paychex (0.38), Bed, Bath & Beyond (0.93), and Tech Data Corp (1.03).
Conferences during the remainder of this week include: Mobile Pharma BizTech 2013 on Tue-Wed, 11th Product Complaints Congress for the Life Sciences on Tue-Wed, Global Hunter Securities Energy Conference on Tue-Wed, Oppenheimer Consumer Conference on Tue-Wed, Credit Suisse MLP and Energy Logistics Conference on Wed, and The UK Energy Summit 2013 on Thu.

OVERNIGHT U.S. STOCK MOVERS

Reuters reported that China's securities regulator granted licences to HSBC Holdings (HBC +2.68%) and Citigroup (C +3.43%) , which will allow the banks to distribute mutual funds and expand their services in China.
Southwest (LUV +0.30%) was downgraded at Morgan Stanley to "Underweight" from "Equal Weight."
Barrick Gold (ABX -2.78%) was downgraded to "Neutral" from "Outperform" at Credit Suisse who also cut their price target for the stock to $20 from $36.
Health Net (HNT -0.23%) was upgraded to "Outperform" from "Neutral" at Credit Suisse who also raised their price target for the stock to $38 from $32.
General Mills (GIS +0.02%) reported Q4 EPS of 53 cents, a bit below consensus of 54 cents, although it reported Q4 revenue of $4.41 billion, higher than consensus of $4.32 billion.
Enbridge Gas Distribution (ENB +2.88%) announced that it has received approval from the Ontario Energy Board for new rates effective July 1.
Standard & Poor's Rating Services raised its corporate rating on U.S. Silica (SLCA +1.07%) to BB- from B+ with a stable outlook.
Smith & Wesson (SWHC +3.74%) reported Q4 EPS of 44 cents, right on consensus, but reported Q4 revenue of $179 million, better than consensus of $170.72 million.
Apollo Group (APOL +1.36%) reported Q3 EPS of $1.05, stronger than consensus of 85 cents.
Williams’ (WMB +0.79%) board has voted to approve the company’s Bluegrass Pipeline project that will connect supply from the Marcellus and Utica shale-gas areas in the U.S. Northeast to growing petrochemical and export markets in the U.S. Gulf Coast.

MARKET COMMENTS

September E-mini S&Ps (ESU13 +0.54%) this morning areup +6.50 points (+0.41%). The S&P 500 index on Tuesday closed higher on stronger-than-expected U.S. economic data that included (1) May durable goods orders that rose +3.6% and +0.7% ex transportation, stronger than expectations of +3.0% and unch ex transportation, (2) May new home sales that rose +2.1% to a 4-3/4 year high of 476,000, (3) the Apr S&P CaseShiller composite-20 home price index that rose +12.05% y/y, better than expectations of +10.60% y/y and the biggest y/y increase in 7 years, and (4) Jun consumer confidence (Conference Board) that unexpectedly rose +6.9 to a 5-1/3 year high of 81.4, better than expectations of -1.1 to 75.1. Another positive for stocks was the rebound in Chinese stocks from their worst levels after Chinese money-market rates fell. Closes: S&P 500 +0.95%, Dow Jones +0.69%, Nasdaq 100 +0.64%.
September 10-year T-notes (ZNU13 +0.15%) this morning are up +4.5 ticks. Sep 10-year T-note futures prices on Tuesday closed lower as stronger-than-expected U.S. economic data on durable goods orders, home prices, consumer confidence and new home sales all bolstered the case for the Fed to taper its bond purchases. Another negative was supply pressures as the Treasury auctions $99 billion of T-notes this week. Closes: TYU3 -8.00, FVU3 -3.25.

The dollar index (DXY00 +0.37%) this morning is up +0.280 (+0.34%). EUR/USD (^EURUSD) is down -0.0054 (-0.41%0 at a 3-week low and USD/JPY (^USDJPY) is down -0.11 (-0.11%). The dollar index on Tuesday closed higher after stronger-than-expected U.S. economic data on durable goods orders, home prices, consumer confidence and new home sales, boosted speculation the Fed will cut its dollar-negative asset purchases. EUR/USD fell back after comments from ECB President Draghi who said the Eurozone economy's condition still requires a loose monetary policy. Closes: Dollar index +0.156 (+0.19%), EUR/USD -0.00375 (-0.29%), USD/JPY +0.078 (+0.08%).
Aug WTI crude oil (CLQ13 -0.24%) this morning is down -41 cents a barrel (-0.43%) and Aug gasoline (RBQ13 -0.25%) is down -0.0082 (-0.30%). Aug crude oil and gasoline prices on Tuesday closed mixed. Crude oil rallied on stronger-than-expected U.S. economic data on durable goods orders, new home sales and consumer confidence. Gasoline retreated and crude prices fell back from their best levels after Enbridge, the largest transporter of Canadian crude to the U.S., said it had restarted pipelines that were closed Monday because of flooding. Closes: CLQ3 +0.14 (+0.15%), RBQ3 -0.0023 (-0.08%).

GLOBAL EVENT CALENDAR06/26/2013

US	0700 ET	Weekly MBA mortgage applications, previous -3.3% with purchase sub-index -3.0% and refi sub-index -3.4%.
	0830 ET	Q1 GDP expected unrevised at +2.4% (q/q annualized), Q1 personal consumption expected unrevised at +3.4%. Q1 GDP price index expected unrevised at +1.1%. Q1 core PCE expected unrevised at +1.3% q/q.
	1030 ET	EIA Weekly Petroleum Status Report.
	1300 ET	Treasury auctions $35 billion 5-year T-notes.
GER	0200 ET	German July GfK consumer confidence survey expected unch at 6.5, June 6.5.
UK	0600 ET	UK Jun CBI reported sales expected -3, May -11.
CHI	2130 ET	China May industrial profits year-to-date, Apr +11.4% y/y.

U.S. STOCK CALENDAR06/26/2013

Company Name	Symbol	Time	Event Description	Period	EPS Est (US$)
QIAGEN NV	QGEN US	4:30	Annual General Meeting	Y 2013
General Mills Inc	GIS US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	0.539
Cisco Systems Inc	CSCO US	8:00	Investor Day - Day 2	Y 2013
Monsanto Co	MON US	8:00	Q3 2013 Earnings Release	Q3 2013	1.593
General Mills Inc	GIS US	8:30	Q4 2013 Earnings Call	Q4 2013
McKesson Corp	MCK US	9:00	Investor Day	Y 2013
Monsanto Co	MON US	9:30	Q3 2013 Earnings Call	Q3 2013
Pfizer Inc	PFE US	10:00	Pfizer's Quigley Unit Bankruptcy Plan Approval Announced
AvalonBay Communities Inc	AVB US	10:00	Investor Day	Y 2013
Hormel Foods Corp	HRL US	10:30	Investor Day	Y 2013
SEACOR Holdings Inc	CKH US	11:15	Annual General Meeting
Paychex Inc	PAYX US	16:01	Q4 2013 Earnings Release	Q4 2013	0.375
Bed Bath & Beyond Inc	BBBY US	16:15	Q1 2014 Earnings Release	Q1 2014	0.934
Bed Bath & Beyond Inc	BBBY US	17:00	Q1 2014 Earnings Call	Q1 2014
Marvell Technology Group Ltd	MRVL US	19:00	Annual General Meeting	Y 2013
Wal-Mart Stores Inc	WMT US		Investor Meeting - Day 2 - Tokyo	Y 2013
Tech Data Corp	TECD US		Q1 2014 Earnings Release	Q1 2014	1.034
IAC/InterActiveCorp	IACI US		Annual General Meeting
United Therapeutics Corp	UTHR US		Annual General Meeting
Teradata Corp	TDC US		Roadshow - Paris	Y 2013

Thermogenesis start to get noticed

Summary:

Thermogensis (KOOL) is a biological substance processing company that is beginning to get noticed. The stock has begun to trade over 100K shares a day including almost 250K shares today.

Article:

The Chart of the Day is Theromgenesis (KOOL).  Normally we do not cover stock this small but something is happening.  Although no firms are presently making projections or recommendations 4 Wall Street firm plus Value Line and Motley Fool have added this stock to the companies in their data bases.  The stock was found on the New High List  of stocks trading over 100k shares a day when sorted again for frequency.

The company designs, markets and sells products and devices which utilize its proprietary thermodynamic technology for the processing of biological substances including the cryopreservation, thawing, and harvesting of blood components.

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 35.45% in the last month
• Relative Strength Index 70.90%
• Barchart computes a technical support level at 1.34
• Recently traded at 1.49 with a 50 day moving average of 1.02

Fundamental factors:

• Market Cap $24.61 million
• P/E 35.75
• Revenue about $20 million
• Loss on earnings
• 4 Wall Street firms plus Value Line have added this stock to their databases
• The stock is now also being covered by Motley Fool staff and readers
• Financial Strength C+

I am not giving a buy recommendation at this time.  The stock is being featured to show that it is possible to use Barchart's New High list to find stocks on the move before anyone else begins to follow them.

5 Mid Cap Picks

Today I used Barchart to sort the S&P 400 Mid Cap Index for the stocks hitting the most frequent new highs then used to flipchart function to find the best charts.  Never use just one indicator to select stocks - always sort by your favorite indicator the use the flipchart feature to flip  through your results to find the stocks with positive charts.  Today list includes Exelis (XLS), Firstmerit (FMER), Signature Bank (SBNY), CBOE Holdings (CBOE) and Health Management Associates (HMA):

Exelis (XLS)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 12.27% in the last month
• Relative Strength Index 69.79%
• Barchart computes a technical support level at 12.85
• Recently traded at 13.33 with a 50 day moving average of 11.82

Firstmerit (FMER)

Barchart tehcnical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 7.52% in the last month
• Relative Strength Index 65.00%
• Barchart computes a technical support level at 19.10
• Recently traded at 19.50 with a 50 day moving average of 18.00

Signature Bank (SBNY)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 2.73% in the last month
• Relative Strength Index 62.44%
• Barchart computes a technical support level at 77.49
• Recently traded at 62.44 with a 50 day moving average of 76.54

CBOE Holdings (CBOE)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 19.39% in the last month
• Relative Strength Index 63.60%
• Barchart computes a technical support level at 18.95
• Recently traded at 19.78 with a 50 day moving average of 16.98

Health Management Associates (HMA)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 41.76% in the last month
• Relative Strength Index 68.26%
• Barchart computes a technical support level at 14.91
• Recently traded at 15.64 with a 50 day moving average of 12.53

Barchart Morning Call 6/25

BARCHART MORNING CALL

Tuesday, June 25th, 2013View 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 +0.62%) this morning are up +0.40% and European stocks are up +1.01%. Asian stocks closed mostly lower: Japan -0.72%, Hong Kong +0.21%, China -0.27%, Taiwan -1.22%, Australia -0.28%, Singapore +0.51%, South Korea -0.74%, India +0.48%. U.S. and European stocks gained on dovish comments from ECB Executive Board member Coeure and a drop in Chinese money-market rates. European and U.S. stocks and government bonds rallied after ECB Executive Board member Coeure said the ECB will not withdraw stimulus anytime soon. China's Shanghai Stock index recovered from its worst levels when the China overnight repurchase rate dropped -47 bp to 6.0% after Ling Tao, deputy director of the PBOC's Shanghai branch, said that China will keep money-market rates at "reasonable" levels and seasonal forces that have driven them up will fade. Commodity prices are mostly higher. Aug WTI crude oil (CLQ13 +0.47%) is up +0.80%. Aug gasoline (RBQ13 +0.49%) is up +0.71%, Aug natural gas (NGQ13 +0.05%) is up +0.19%, Aug gold (GCQ13 +0.57%) is up +0.48% and July copper (HGN13 +1.26%) is up +1.09%. Agriculture prices are higher. The dollar index (DXY00 -0.18%) is down -0.13%. EUR/USD (^EURUSD) is up +0.09%. USD/JPY (^USDJPY) is down -0.36%. September 10-year T-note futures prices (ZNU13 +0.27%) this morning are up +7.5 ticks.
ECB Executive Board member Coeure said "Economic growth is projected to remain weak this year and inflation is expected to remain clearly below 2% for the Eurozone as a whole," so "there should be no doubts that our 'exit' is distant and monetary policy is and will remain accommodative."
Italian borrowing costs rose as the Italian Treasury sold 3.5 billion euros of a new 2015 zero-coupon bond at 2.403%, the highest in 9-months and up from 1.113% at a previous auction of similar-maturity debt last month.
The UK May CBI retail sales volume survey rose to 1 from -11 in May and was stronger than expectations of -3.
The Japan May corporate service price index rose +0.3% y/y, its biggest increase in 4-1/2 years.

U.S. STOCK PREVIEW

Today's is a very busy news day. Today’s May new home sales report is expected to show a +1.3% increase to 460,000, adding to the +2.3% increase to 454,000 seen in April. Today’s home price reports are both expected to show sharp gains. The April CaseShiller Composite-20 home price index is expected to show an increase of +1.2% m/m after the +1.1% gain seen in March. The April FHFA house price index is expected to show an increase of +1.1% m/m, adding to the +1.3% m/m increase seen in March. Today’s June U.S. consumer confidence index from the Conference Board is expected to show a small -1.2 point decline to 75.0, reversing part of the sharp +7.2 point increase to the 5-1/4 year high of 76.2 seen in May. Today’s May durable goods orders report is expected to show an increase of +3.0% on a headline basis, but is only expected to be unchanged excluding transportation. The Treasury today will sell $35 billion in 2-year T-notes, kicking off this week’s $99 billion package of 2-year, 5-year and 7-year T-notes.
There are four of the Russell 1000 companies that report earnings today: Carnival (consensus $0.07), Lennar (+0.33), Walgreen (0.91), Apollo Group (0.86). Conferences during the remainder of this week include: Mobile Commerce World on Mon-Tue, Mobile Pharma BizTech 2013 on Tue-Wed, 11th Product Complaints Congress for the Life Sciences on Tue-Wed, Global Hunter Securities Energy Conference on Tue-Wed, Oppenheimer Consumer Conference on Tue-Wed, Credit Suisse MLP and Energy Logistics Conference on Wed, and The UK Energy Summit 2013 on Thu.

OVERNIGHT U.S. STOCK MOVERS

Oppenheimer reduced its estimates for Apple's (AAPL -2.65%) June quarter based on "mixed demand" for Apple's iPhone 5.
Netflix (NFLX -0.60%) was downgraded to "Underperform" from "Market Perform" at Bernstein.
Walgreen (WAG -1.35%) reported Q3 adjusted EPS of 85 cents, well below consensus of 91 cents.
Lennar (LEN -0.74%) reported Q2 EPS of 43 cents, better than consensus of 31 cents.
Marvell (MRVL -1.61%) was upgraded to "Buy" from Hold at Brean Capital.
Agilent (A -1.56%) was downgraded to "Neutral" from "Buy" at Goldman.
Hewlett Packard (HPQ -2.98%) was awarded a $679.79 million modification to a previously awarded continuity of services contract for the Navy Marine Corps Intranet.
Demand Media (DMD -1.68%) acquired Society6 for $94 million in cash and common stock.
Sonic (SONC -0.77%) fell 4% in after-hours trading after it reported Q3 EPS of 26 cents, right on consensus, although Q3 revenue of $146.6 million was slightly below consensus of $147.54 million.

MARKET COMMENTS

September E-mini S&Ps (ESU13 +0.62%) this morning are up +6.25 points (+0.40%). The S&P 500 index on Monday plunged to a 2-month low and closed lower. Concern the Fed will soon taper its stimulus sent the 10-year T-note yield up to a 1-3/4 year high of 2.66% and undercut stocks along with the action by Goldman Sachs to cut its 2013 China GDP forecast to 7.4% from 7.8%. Prices recovered from their worst levels after Minneapolis Fed President Kocherlakota said the Fed should continue its asset purchases as long as inflation remains low. Closes: S&P 500 -1.21%, Dow Jones -0.94%, Nasdaq 100 -1.03%.
September 10-year T-notes (ZNU13 +0.27%) this morning are up +7.5 ticks. Sep 10-year T-note futures prices on Monday tumbled to a fresh contract low. The 10-year T-note yield surged to a 1-3/4 year high of 2.66% on speculation the Fed will soon reduce its bond buying. Prices rose from their worst levels on dovish comments from Minneapolis Fed President Kocherlakota who said the Fed should continue its asset purchases as long as inflation remains low. Closes: TYU3 -10.00, FVU3 -5.25.

The dollar index (DXY00 -0.18%) this morning is down -0.104 (-0.13%). EUR/USD (^EURUSD) is up +0.0012 (+0.09%) and USD/JPY (^USDJPY) is down -0.35 (-0.36%). The dollar index on Monday climbed to a 2-week high and closed higher as a slump in global stocks fueled safe-haven demand for the dollar. Another bullish factor was the rise in the 10-year T-note yield to a 1-3/4 year high of 2.66%, which fuels dollar demand as foreign investors purchase dollars to buy Treasuries. Closes: Dollar index +0.107 (+0.13%), EUR/USD -0.00041 (-0.03%), USD/JPY -0.163 (-0.17%).
Aug WTI crude oil (CLQ13 +0.47%) this morning is up +76 cents a barrel (+0.80%) and Aug gasoline (RBQ13 +0.49%) is up +1.94 cents per gallon(+0.71%). Aug crude oil and gasoline prices on Monday settled mixed. Aug crude posted a 2-week low and Aug gasoline fell to a 1-1/2 month low after the dollar rallied on expectations for Fed tapering of QE3 by year-end and on Chinese economic growth concerns after Goldman Sachs cut its 2013 China GDP forecast to 7.4% from 7.8%. Crude oil erased its losses and closed higher, though, on supply concerns after three pipelines in Canada, the biggest source of U.S. crude imports, were closed because of flooding. Closes: CLQ3 +1.49 (+1.59%), RBQ3 -0.0196 (-0.71%).

GLOBAL EVENT CALENDAR06/25/2013

US	0830 ET	May durable goods orders expected +3.0% and unch ex transportation, Apr +3.5% and +1.5% ex transportation.
	0900 ET	Apr S&P/CaseShiller composite-20 home price index expected +1.20% m/m and +10.60% y/y, Mar +1.12% m/m and +10.87% y/y.
	0900 ET	Apr FHFA house price index purchase-only expected +1.1% m/m, Mar +1.3% m/m.
	1000 ET	Jun Richmond Fed manufacturing index expected +4 to 2, May +4 to -2.
	1000 ET	Jun consumer confidence (Conference Board) expected -1.2 to 75.0, May +7.2 to 76.2.
	1000 ET	May new home sales expected +1.3% to 460,000, Apr +2.3% to 454,000.
	1300 ET	Treasury auctions $35 billion 2-year T-notes.
	1630 ET	API weekly U.S. oil statistics.

U.S. STOCK CALENDAR06/25/2013

Company Name	Symbol	Time	Event Description	Period	EPS Est (US$)
Carnival Corp	CCL US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.065
Lennar Corp	LEN US	6:00	Q2 2013 Earnings Release	Q2 2013	0.329
Walgreen Co	WAG US	7:30	Q3 2013 Earnings Release	Q3 2013	0.906
Walgreen Co	WAG US	8:30	Q3 2013 Earnings Call	Q3 2013
Red Hat Inc	RHT US	8:50	Analyst Meeting	Y 2013
Carnival Corp	CCL US	10:00	Q2 2013 Earnings Call	Q2 2013
Lennar Corp	LEN US	11:00	Q2 2013 Earnings Call	Q2 2013
Yahoo! Inc	YHOO US	11:00	Annual General Meeting	Y 2013
GameStop Corp	GME US	14:00	Annual General Meeting	Y 2013
Cisco Systems Inc	CSCO US	15:30	Investor Day - Day 1	Y 2013
Apollo Group Inc	APOL US	17:00	Q3 2013 Earnings Call	Q3 2013
Apollo Group Inc	APOL US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.857
Sprint Nextel Corp	S US		Extraordinary Shareholders Meeting	2013
Wal-Mart Stores Inc	WMT US		Investor Meeting - Day 1	Y 2013

Umpqua Holdings - Chart of the Day

Summary:

Umpqua Holdings (UMPQ) is the Chart of the Day.  The financial holdings company had 14 new highs and is up 8.53% in the last month.  Analysts released 2 buy, 5 hold and 1 sell recommendation,

Article:

The Chart of the Day is Umpqua Holdings (UMPQ).  The stock was near the top of the New High List when sorted for frequency. In the last month the stock hit 14 new highs and is up 8.53% with a Relative Strength Index of 71.85%

It is a financial holding company and engages primarily in the business of commercial and retail banking and the delivery of retail brokerage 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:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 8.53% in the last month
• Relative Strength Index 71.85%
• Barchart computes a technical support level at 14.45
• Recently traded at 14.76 with a 50 day moving average of 13.20

Fundamental factors:

• Market Cap $1.65 billion
• P/E 16.25
• Dividend yield 2.70%
• Revenue projected to decrease 1.80% this year but increase by 3.60% next year
• Earning are estimated to decrease by 1.10% this year then increase 9.80% next year and continue to increase annually by 11.50% for the next 5 years
• Wall Street analysts issued 2 buy, 5 hold and 1 sell recommendation
• Financial Strength B+

In this choppy market sell if the stock drops below its 50 day moving average.

5 Large Cap Picks

Today I used Barchart to sort the S&P 500 Large Cap Index to find the stocks with the best technical indicators and charts and found WellPoint Health Networks (WLP), People's United Financial (PBCT), Humana (HUM), Cigna (CI), Zions Bancorporation (ZION):

WellPoint Health Networks (WLP)

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 4.29% in the last month
• Relative Strength Index 60.31%
• Barchart computes a technical support level at 77.22
• Recently traded at 80.55 with a 50 day moving average of 75.61

People's United Financial (PBCT)

Barchart tehcnical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 4.56% in the last month
• Relative Strength Index 65.15% in the last month
• Barchart computes a technical support level at 13.99
• Recently  traded at 14.42 with a 50 day moving average of 13.62

Humana (HUM)

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 7.23% in the last month
• Relative Strength Index 65.58%
• Barchart computes a technical support level at 83.69
• Recently traded at 84.87 with a 50 day moving averages of 78.62

Cigna (CI)

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 5.83% in the last month
• Relative Strength Index 62.45%
• Barchart computes a technical support level at 69.13
• Recently traded at 71.18 with a 50 day moving average of 67.57

Zions Bancorporation (ZION)

Barchart technical indicators:

• 72% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up .84% in the last month
• Relative Strength Index 56.03%
• Barchart computes a technical support level at 27.23
• Recently traded at 27.72 with a 50 day moving aver4age of 26.28

Barchart Morning Call 6/24

BARCHART MORNING CALL

Monday, June 24th, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

September E-mini S&Ps (ESU13 -1.10%) this morning are down -0.87% and European stocks are down -1.63%. Asian stocks closed lower: Japan -1.26%, Hong Kong -2.22%, China -6.31%, Taiwan -0.45%, Australia -1.47%, Singapore -1.60%, South Korea -1.31%, India -1.24%. Global stocks tumbled and China's Shanghai Stock index fell more than -6% to a 6-1/2 month low after Goldman Sachs cut its 2013 China GDP forecast to 7.4% from 7.8% on concern the cash crunch in China will hurt its economy. Chinese money-market rates fell further from record highs after the PBOC used targeted injections of funds to ease China's cash crunch. China's overnight repurchase rate fell -196 bp to 6.47%, though that is still more than double this year's average of 3.09%. European stocks ignored the increase in German business confidence after the German Jun IFO business climate rose for a second month. Commodity prices are mostly lower. Aug WTI crude oil (CLQ13 -0.39%) is down -0.20% at a 2-week low. Aug gasoline (RBQ13 -0.51%) is down -0.18%, Aug natural gas (NGQ13 +0.26%) is higher by +0.42%, Aug gold (GCQ13 -0.96%) is down -0.67% and July copper (HGN13 -2.60%) is down -2.76%. Agriculture prices are weaker. The dollar index (DXY00 +0.37%) is up +0.32% at a 2-week high. EUR/USD (^EURUSD) is down -0.14%. USD/JPY (^USDJPY) is up +0.06%. September 10-year T-note futures prices (ZNU13 -0.84%) this morning are down -20 ticks on signs on long capitulations out of Asia as the 10-year T-note yield rose to a 1-3/4 year high of 2.630%.
In a statement dated June 17 and released today, the PBOC said that "At present, the overall liquidity in China's banking system is at a reasonable level, but due to many changing factors in the financial markets and also because of the mid-year point, the requirements for commercial banks in liquidity management have become higher," which suggests the cash squeeze may continue as they PBOC may not go to extraordinary measures to provide extra funds to China's banking system.
The German Jun IFO business climate sentiment rose +0.2 from May to 105.9, right on expectations. The Jun IFO current assessment fell -0.6 to 109.4, a bigger decline than expectations of -0.4 to 109.6, although the Jun IFO expectations climbed +1.1 points to 102.5, a bigger increase than expectations of +0.4 to 102.0.

U.S. STOCK PREVIEW

There are two minor U.S. economic reports today: May Chicago Fed national activity index and the Dallas Fed June manufacturing index (expected to improve to -1.0 from -10.5 in May). There are no earnings reports today from the Russell 1000 companies. Conferences this week include: Insurance Marketing and Communications Association 2013 Annual Conference on Mon, Mobile Commerce World on Mon-Tue, Mobile Pharma BizTech 2013 on Tue-Wed, 11th Product Complaints Congress for the Life Sciences on Tue-Wed, Global Hunter Securities Energy Conference on Tue-Wed, Oppenheimer Consumer Conference on Tue-Wed, Credit Suisse MLP and Energy Logistics Conference on Wed, and The UK Energy Summit 2013 on Thu.

OVERNIGHT U.S. STOCK MOVERS

Walgreens (WAG +0.77%) was downgraded to "Hold" from "Buy" at Cantor.
JPMorgan raised its price target for Google (GOOG -0.43%) shares to $1,025 from $860 citing increased confidence in search pricing and continued momentum for YouTube.
Reuters reported that more U.S. senators are raising concerns about a Chinese company's plan to buy U.S. pork company Smithfield Foods, particularly in light of restrictions that China continues to place on imports of U.S. meats.
The WSJ reported that Disney (DIS +1.21%) and Sony Pictures Entertainment (SNE +1.70%) are testing a business model in South Korea to rent movies through video on demand while they are still playing in theaters.
Politico reports that Republicans in various states around the country are split on the Internet sales tax bill being considered by Congress.
PVH Corp. (PVH +0.57%) was upgraded to "Overweight" from "Neutral" at Piper Jaffray who raised their price target on the stock to $141 from $124.
CBOE Holdings (CBOE +0.07%) was upgraded to "Buy" from "Neutral" at Goldman with a price target of $47.
The U.S. Food and Drug Administration expanded the approved use of Theravance's (THRX +10.20%) antibiotic Vibativ to treat patients with hospital-acquired and ventilator-associated bacterial pneumonia caused by Staphylococcus aureus.
GlobalScape (GSB unch) announced that the U.S. Army has exercised year one of a two-year option contract to continue Globalscape's support for the Standard Army Maintenance System-Enhanced logistics program. The option year is worth $1.45 million and will yield in excess of $360,000 of revenue per quarter.

MARKET COMMENTS

September E-mini S&Ps (ESU13 -1.10%) this morning are down -13.75 points (-0.87%). The S&P 500 index on Friday sold off to a 2-month low but recovered its losses and settled mixed. Bearish factors included (1) the surge in the 10-year T-note yield to a 1-3/4 year high of 2.51% on Fed Chairman Bernanke’s timetable for ending QE3, and (2) concern about the Chinese economy and fears that the liquidity squeeze in China may slow its economy and crimp global economic growth. Closes: S&P 500 +0.27%, Dow Jones +0.28%, Nasdaq 100 -0.43%.
September 10-year T-notes (ZNU13 -0.84%) this morning are down -20 ticks at a fresh contract low and the 10-year T-note yield overnight climbed to a 1-3/4 year high of 2.630%. Sep 10-year T-note futures prices on Friday slid to a fresh contract low. The 10-year T-note yield climbed to a 1-3/4 year high of 2.51% on heavy liquidation of Treasuries as investors flee the Treasury market on the Fed’s timetable for ending QE3, which has kept bond prices propped up and yields at abnormally low levels. Closes: TYU3 -26.50, FVU3 -16.000.

The dollar index (DXY00 +0.37%) this morning is up +0.264 (+0.32%) at a 2-week high. EUR/USD (^EURUSD) is down -0.0019 (-0.14%) and USD/JPY (^USDJPY) is up +0.06 (+0.06%). The dollar index on Friday rose to a 2-week high and closed higher. The dollar strengthened on (1) expectations the Fed is getting closer to reducing its dollar-negative QE3 program, and (2) the surge in the 10-year T-note yield to a 1-3/4 year high of 2.51%, which fuels dollar demand as foreign investors purchase dollars to buy Treasuries. Closes: Dollar index +0.403 (+0.49%), EUR/USD -0.00959 (-0.73%), USD/JPY +0.596 (+0.61%).
Aug WTI crude oil (CLQ13 -0.39%) this morning is down -19 cents (-0.20%) at a 2-week low and Aug gasoline (RBQ13 -0.51%) is down -0.0049 (-0.18%). Aug crude oil and gasoline prices on Friday slipped to 2-week lows and closed lower. Bearish factors include (1) the rally in the dollar index to a 2-week high on expectations for the Fed tapering of QE3 by year-end, (2) the slide in global equity markets, which may dampen economic optimism and energy demand, and (3) concern the liquidity squeeze in China may curb its economic growth and fuel demand. Closes: CLQ3 -1.45 (-1.52%), RBQ3 -0.0308 (-1.11%).

GLOBAL EVENT CALENDAR06/24/2013

US	0830 ET	May Chicago Fed national activity index, Apr -0.53.
	1030 ET	Dallas Fed June manufacturing activity index expected -1.0, May -10.5.
	1100 ET	USDA weekly grain export inspections.
	1230 ET	Dallas Fed President Richard Fisher speaks on U.S. monetary policy and the economy at an event in London.
	1600 ET	USDA Crop Progress.
GER	0400 ET	German Jun IFO business climate expected +0.2 to 105.9, May 105.7. Jun IFO current assessment expected -0.4 to 109.6, May 110.0. Jun IFO expectations expected +0.4 to 102.0, May 101.6.
JPN	1950 ET	Japan May corporate service price index expected unch y/y, Apr -0.4% y/y.

U.S. STOCK CALENDAR06/24/2013

Company Name	Symbol	Time	Event Description	Period	EPS Est (US$)
NRG Energy Inc	NRG US	9:00	Business Update Call
CarMax Inc	KMX US	13:00	Annual General Meeting	Y 2013
Freeport-McMoRan Copper & Gold Inc	FCX US	13:30	Analyst Meeting
Multiple Companies	MSFT US	15:30	Business Update Call
Multiple Companies	MSFT US	15:30	Business Update Call
Eli Lilly & Co	LLY US	20:00	Analyst Meeting
Apple Inc	AAPL US	21:40	Apple vs. Samsung Ruling Due in Tokyo on Infringement Case
Teradata Corp	TDC US		Roadshow - Dsseldorf	Y 2013
Clearwire Corp	CLWR US		Special Meeting - M&A Vote