Friday, November 8, 2013

Ubiquiti Networks - Chart of the Day

Ubiquiti Networks (UBNT) is the Chart of the Day.  The broadband wireless solutions company has a Trend Spotter buy signal, a Weighted Alpha of 280.70 and gained 306.40% in the last year.

The Chart of the Day is Ubiquiti Networks (UBNT).  I found the stock by using Barchart to sort today's New High List for Weighted Alpha and this stock was 280.70+.  You can see from the chart that there have been a series of Trend Spotter buy signals including the one on 9/26.  Since then the stock is up another 18.98%.

They are engaged in the business of designing, manufacturing and selling broadband wireless solutions worldwide. Their products and solutions include radios, antennas and management tools and other applications in the unlicensed radio frequency spectrum.



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 signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 19.60% in the last month
  • Relative Strength Index 60.28%
  • Barchart computes a technical support level at 38.75
  • Recently traded at 41.25 with a 50 day moving average of 35.94
Fundamental factors:
  • Market Cap $3.59 billion
  • P/E 43.57
  • Revenue predicted to grow 56.50% this year and another 19.30% next year
  • Earnings estimated to increase 79.10% this year, an additional 18.40% next year and continue to increased annually by 33.10% for the next 5 years
  • Wall Street analysts issued 1 strong buy, 5 buy and 5 hold recommendations 
This stock moved a lot this year so watch the 50 day moving average very closely for signs of weakness.

Thursday, November 7, 2013

Mastech Holdings - Chart of the Day

Mastech Holdings (MHH) is the Chart of the Day.  The information technology company has a Trend Spotter buy signal, a Weighted Alpha of 265.90 and gained 308.79% in the last year.

The Chart of the Day is Mastech Holdings (MHH).  I found the stock by using Barchart to sort the New High List for Weighted Alpha and this stock has a WA of 265.90+.  Since the Trend  Spotter gave a buy signal on 9/24 the stock has gained 60.01%.

It provides Information Technology services in the disciplines which drive today's business operations. Clients turn to Mastech for comprehensive I.T. services including: I.T. Consulting; OneSource Co-Managed projects and supplemental I.T. resources. Mastech's niche focus includes Business Intelligence/Data Warehousing; Enterprise Resource Planning; Service Oriented Architecture; Web Development and I.T. Project Management. Mastech also provides Recruitment Process Outsourcing services and Brokerage Operations Staffing services through its RPOworldwide and Global Financial Services subsidiaries. Mastech is a certified minority-owned business enterprise.



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 61.60% in the last month
  • Relative Strength Index 93.35%
  • Barchart computes a technical support level at 16.83
  • Recently traded at 18.61 with a 50 day moving average of 12.39
Fundamental factors:
  • Market Cap $63.99 million
  • P/E 18.79
  • Financial Strength C++
  • Presently no analyst is covering the stock but they have made a profit every year since 2008 and paid a special dividend of $2.00 in 2012.
This is a pure technical play since there is no Wall Street coverage.  Using moving stop losses at the 100 day moving average to protect profits.

Wednesday, November 6, 2013

Gentium SPA - Chart of the day

Gentium SPA (GENT) is the Chart of the Day.  The Italian biopharmaceutical firm has a Trend Spotter buy signal, a Weighted Alpha of 307.55+ and gained 506% in the last 6 months.

The Chart of the Day is Gentium SPA (GENT).  I found the stock by sorting the New High List for Weighted Alpha.  Since the Trend Spotter signaled a buy on 7/15 the stock soared 573.25%.

It is a biopharmaceutical company focused on the research, development and manufacture of drugs to treat and prevent a variety of vascular diseases and conditions related to cancer and cancer treatments. Defibrotide, the Company's lead product candidate, is an investigational drug that has been granted Track Designation by the U.S. FDA for the treatment of Severe VOD, Orphan Drug status by the U.S. FDA for the treatment and prevention of VOD and Orphan Medicinal Product Designation by the European Commission for the treatment and prevention of VOD.



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
  • 33 new highs and up 505.20% in the last 6 months
  • Relative Strength index 84.91%
  • Barchart computes a technical support level at 46.20
  • Recently traded at 47.75 with a 50 day moving average of 27.92
Fundamental factors:
  • Market Cap $718.16 million
  • P/E 98.02
  • Revenue predicted to grow by 53.00% this year and another 87.10% next year
  • Earnings estimated to increase by 883.30% this year and an additional 200.00% next year
  • Wall Street analysts issued 2 strong buy recommendations
When a stock moves this much in the last 6 most you need to put in moving stop losses at least at the 100 day moving average.

Tuesday, November 5, 2013

China Sunergy - Chart of the Day

China Sunergy (CSUN) is the Chart of the Day.  The stock has a Trend Spotter buy signal, 100% Barchart technical buy signals and gained 84.48% in just the last month.


The Chart of the Day is China Sunergy (CSUN).  I found the stock by sorting the New High List for Weighted Alpha and this stock has a WA of 848.00+.  Since the Trend Spotter signaled a buy on 9/3 the stock is up 321.40%!

It is a manufacturer of solar cell products in China. They manufacture solar cells from silicon wafers utilizing crystalline silicon solar cell technology to convert sunlight directly into electricity through a process known as the photovoltaic effect. China Sunergy sells solar cell products to Chinese and overseas module manufacturers and system integrators, who assemble solar cells into solar modules and solar power systems for use in various markets.



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
  • 21 new highs and up 704.31% in the last year
  • Relative Strength Index 75.72%
  • Barchart computes a technical support level at 7.41
  • Recently traded at 9.15 with a 50 day moving average of 4.88
Fundamental factors:
  • Market Cap $406.72 million
  • Revenue projected to grow 43.50% this year and 7.10% next year
  • Earnings estimated to increase by 63.00% this  year, an additional 64.90% next year and continue to increase at the rate of 10.00% annually for the next 5 years
  • The Wall Street analyst following the stock rates it a hold
Watch the 50 day moving average on this fast moving stock for an exit point.

5 Great Large Caps

One of the technical indicators that shows stocks with consistent gains is the Weighted Alpha:

The Weighted Alpha indicator allows traders to quickly spot stocks or sectors that have shown a strong rally over the past year and which may continue to rally. A stock whose price has risen over the one-year period will have a positive Weighted Alpha. A stock whose price has not changed in the period will have a small Weighted Alpha and a stock whose price has dropped over the period will have a negative Weighted Alpha.

I used Barchart to sort the S&P 500 Large Cap Stock Index for the stocks with the highest Weighted Alpha and the list includes Best Buy (BBY) 203.01+, Micron Technology (MU) 196.53+, Netflix (NFLX) 169.56+, Delta Airlines (DAL) 168.38 and Gamestop (GME) 150.76+.

Best Buy (BBY)


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 200.76 in the last year
  • Relative Strength Index 72.47%
  • Barchart computes a technical support level at 42.81
  • Recently traded at 43.50 with a 50 day moving average of 39.30
Micron Technology (MU)


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 71 new highs and up 200.34% in the last year
  • Relative Strength Index 55.38%
  • Barchart computes a technical support level at 17.33
  • Recently traded at 17.53 with a 50 day moving average of 16.69
Netflix (NFLX)


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 61 new highs and up 333.55% in the last year
  • Relative Strength Index 57.98%
  • Barchart computes a technical support level at 320.87
  • Recently traded at 339.47 with a 50 day moving average of 312.12
Delta Airlines (DAL)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 65 new highs and up 180.76% in the last year
  • Relative Strength Index 77.54%
  • Barchart computes a technical support level at 26.63
  • Recently traded at 27.40 with a 50 day moving average of 23.72
Gamestop  (GME)


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 48 new highs and up 134.15% in the last month
  • Relative Strength Index 65.79%
  • Barchart computes a technical support level at 54.57
  • Recently traded at 55.56 with a 50 day moving average of 51.73











Barchart Moring Call 11/5

OVERNIGHT MARKETS AND NEWS
December E-mini S&Ps (ESZ13 -0.31%) this morning are down -0.27% and European stocks are down -0.71% after the European Union trimmed its growth outlook for next year. Asian stocks closed mixed: Japan +0.17%, Hong Kong -0.65%, China +0.14%, Taiwan -1.10%, Australia +0.77%, Singapore 0.05%, South Korea -0.61%, India -1.25%. The European Union cut its 2014 Eurozone GDP forecast to 1.1%, less than the +1.2% forecast in May, and raised its 2014 Eurozone unemployment estimate to a record 12.2%, higher than the 12.1% predicted in May. Limiting losses in stocks were comments from Boston Fed President Rosengren who said late Monday that monetary policy is likely to remain simulative for "some time" until the labor market gains strength. Commodity prices are mixed. Dec crude oil (CLZ13 -0.25%) is down -0.34%. Dec gasoline (RBZ13 +0.28%) is up +0.04%. Dec gold (GCZ13 -0.20%) is down -0.20% and Dec copper (HGZ13 +0.08%) is up +0.08%. Agricultural and livestock prices are mixed. The dollar index (DXY00 +0.03%) is up +0.02%. EUR/USD (^EURUSD) is down -0.17% on speculation the ECB will announce additional stimulus measures when it meets on Thursday. USD/JPY (^USDJPY) is down -0.28%. December T-note prices (ZNZ13 -0.11%) are down -5 ticks.
The European Union cut its 2014 Eurozone GDP forecast to 1.1%, less than the +1.2% forecast in May, and raised its 2014 Eurozone unemployment estimate to a record 12.2%, higher than the 12.1% predicted in May.
The UK Oct PMI services unexpectedly climbed +2.2 points from Sep to 62.5, better than expectations of a -0.3 point decline to 60.0 and the fastest pace of expansion in 16 years.
The UK Oct BRC retail sales monitor like for like sales was up +0.8% y/y, less than expectations of +1.0% y/y.
The Eurozone Sep PPI rose +0.1% m/m and fell -0.9% y/y, slower than expectations of +0.2% m/m and -0.8% y/y, with the -0.9% y/y fall the biggest annual decline in 3-1/2 years.
The China Oct HSBC/Markit services PMI rose +0.2 from Sep to 52.6.
U.S. STOCK PREVIEW
Today’s Oct ISM non-manufacturing index is expected to show a -0.4 point decline to 54.0, adding to the sharp -4.2 point decline to 54.4 seen in September. There are 25 of the S&P 500 companies that report earnings today with notable reports including Emerson Electric (consensus $1.11), Dominion Resources (0.90), ICE Exchange (1.83), Mosaic (0.74), CVS Caremark (1.02), Sempra Energy (1.23),
Equity conference during the remainder of this week include: Macquarie Capital Mobile Corporate Day on Tue, Robert W Baird and Co Industrial Conference on Tue-Wed, Morningstar, Management Behind the Moat Conference on Tue-Thu, Bloomberg State & Municipal Finance Conference on Wed, Needham HDD Flash Memory Conference on Wed, Raymond James Global Airline Transportation Conference on Wed-Thu, 11th Annual Canadian Business Leadership Forum on Thu, Sanford C. Bernstein & Co Emerging Tech Long View Conference on Thu, Citi Financial Technology Conference on Thu, Bernstein Digital Marketing Symposium on Thu, and BancAnalysts Association of Boston Conference on Thu-Fri.
OVERNIGHT U.S. STOCK MOVERS
Host Hotels & Resorts (HST +1.33%) reported Q3 EPS of 25 cents, weaker than consensus of 26 cents.
DirectTV (DTV +1.10%) reported Q3 adjusted EPS of $1.28, higher than consensus of $1.02.
Regeneron Pharmaceuticals (REGN -1.43%) reported Q3 EPS of $2.40, much better than consensus of $1.90.
IntercontinentalExchange (ICE -0.77%) reported Q3 EPS of $1.97, well ahead of consensus of $1.83.
CVS Caremark (CVS -0.97%) reported Q3 EPS of $1.09, better than consensus of $1.02.
NYSE Euronext (NYX -0.63%) reported Q3 EPS of 53 cents, below consensus of 55 cents.
CF Industries (CF +1.25%) reported Q3 EPS of $4.07, higher than consensus of $4.00, but reported Q3 revenue of $1.1 billion, below consensus of $1.14 billion.
RockTenn (RKT +1.62%) reported Q4 adjusted EPS of $2.66, well above consensus of $2.46.
Owens & Minor (OMI +1.49%) reported Q3 adjusted EPS of 47 cents, below consensus of 49 cents.
Weatherford (WFT +0.55%) reported Q3 EPS of 23 cents, better than consensus of 22 cents.
Tutor Perini (TPC +0.57%) reported Q3 EPS of 49 cents, weaker than consensus of 55 cents.
Pioneer Natural (PXD +3.96%) reported Q3 EPS ex-items of $1.26, below of consensus $1.35.
Marathon Oil (MRO +0.65%) rose nearly 2% in pre-market trading after it reported Q3 adjusted EPS of 87 cents, stronger than consensus of 77 cents.
Anadarko (APC +1.63%) fell 3% in after-hours trading after it reported Q3 EPS ex-items of $1.13, below consensus of $1.16.
MARKET COMMENTS
Dec E-mini S&Ps (ESZ13 -0.31%) this morning are down -4.75 points (-0.27%). The S&P 500 index on Monday closed higher after weaker-than-expected July-Aug-Sep U.S. factory orders reports boosted speculation the Fed will maintain QE3. Stocks are also seeing support from strong Q3 earnings results as 76% of the 373 S&P 500 companies that reported earnings results have beaten estimates. Closes: S&P 500 +0.36%, Dow Jones +0.15%, Nasdaq 100 +0.15%.
Dec 10-year T-notes (ZNZ13 -0.11%) this morning are down -5 ticks. Dec 10-year T-note prices on Monday recovered from a 2-week low and closed higher. Bullish factors included (1) dovish comments from Fed Governor Powell and St. Louis Fed President Bullard who both said the Fed could maintain QE3, and (2) the weaker-than-expected July-Sep factory orders reports. Closes: TYZ3 +6.50, FVZ3 +3.50.
The dollar index (DXY00 +0.03%) this morning is up +0.013 (+0.02%). EUR/USD (^EURUSD) is down -0.0023 (-0.17%). USD/JPY (^USDJPY) is down -0.28 (-0.28%). The dollar index on Monday fell back from a 1-1/2 month high and closed lower after dovish comments from Fed Governor Powell and St. Louis Fed President Bullard suggested the Fed could maintain QE3. EUR/USD rebounded from a 1-1/2 month low and closed higher after Eurozone Nov Sentix investor confidence climbed to a 2-1/2 year high and after German Oct PMI manufacturing was revised higher. Closes: Dollar index -0.163 (-0.20%), EUR/USD +0.0026 (+0.20%), USD/JPY +0.039 (+0.04%).
Dec WTI crude oil (CLZ13 -0.25%) this morning is down -32 cents (-0.34%) and Dec gasoline (RBZ13 +0.28%) is up +0.0009 (+0.04%). Dec crude oil and gasoline prices on Monday closed mixed. Dec gasoline posted a 1-3/4 year nearest-futures low and Dec crude posted a 4-month low, but crude recovered to close little changed as the dollar fell. Bearish factors included (1) the weaker-than-expected Sep and Aug factory orders and (2) expectations for crude supplies to increase for a seventh consecutive week when weekly EIA crude inventories are reported on Wednesday. Closes: CLZ3 +0.01 (+0.01%), RBZ3 -0.0172 (-0.68%).
GLOBAL EVENT CALENDAR11/05/2013
US1000 ETOct ISM non-manufacturing index expected -0.4 to 54.0, Sep -4.2 to 54.4.
1315 ETRichmond Fed President Jeffrey Lacker speaks to area business people on the labor market topic Starting Early in Workforce Development.
1630 ETAPI weekly U.S. oil statistics.
1700 ETSan Francisco Fed President John Williams speaks to reporters at the Asia Economic Policy Conference.
UK0430 ETUK Oct PMI services expected -0.3 to 60.0, Sep 60.3.
1901 ETUK Oct BRC shop price index expected +0.1% y/y, Sep -0.2% y/y.
EUR0500 ETEurozone Sep PPI expected +0.2% m/m and -0.8% y/y, Aug unch m/m and -0.8% y/y.
0500 ETEuropean Commission releases economic growth forecasts.
U.S. STOCK CALENDAR11/05/2013
Company NameTickerTimeEvent DescriptionPeriodEstimate
DIRECTVDTV USBef-mktQ3 2013 Earnings ReleaseQ3 20131.008
Becton Dickinson and CoBDX USBef-mktQ4 2013 Earnings ReleaseQ4 20131.463
Health Care REIT IncHCN USBef-mktQ3 2013 Earnings ReleaseQ3 20130.961
Rowan Cos PlcRDC USBef-mktQ3 2013 Earnings ReleaseQ3 20130.402
Zoetis IncZTS USBef-mktQ3 2013 Earnings ReleaseQ3 20130.339
Regeneron Pharmaceuticals IncREGN USBef-mktQ3 2013 Earnings ReleaseQ3 20131.9
Denbury Resources IncDNR USBef-mktQ3 2013 Earnings ReleaseQ3 20130.428
Dominion Resources Inc/VAD USBef-mktQ3 2013 Earnings ReleaseQ3 20130.902
Emerson Electric CoEMR USBef-mktQ4 2013 Earnings ReleaseQ4 20131.112
IntercontinentalExchange IncICE USBef-mktQ3 2013 Earnings ReleaseQ3 20131.832
Mosaic Co/TheMOS USBef-mktQ1 2014 Earnings ReleaseQ1 20140.735
International Flavors & Fragrances IncIFF USBef-mktQ3 2013 Earnings ReleaseQ3 20131.184
FirstEnergy CorpFE USBef-mktQ3 2013 Earnings ReleaseQ3 20130.918
Delphi Automotive PLCDLPH USBef-mktQ3 2013 Earnings ReleaseQ3 20130.946
CVS Caremark CorpCVS USBef-mktQ3 2013 Earnings ReleaseQ3 20131.02
Cognizant Technology Solutions CorpCTSH US6:00Q3 2013 Earnings ReleaseQ3 20131.101
Host Hotels & Resorts IncHST US6:00Q3 2013 Earnings ReleaseQ3 20130.264
Fastenal CoFAST US7:00October 2013 Sales and Revenue Release2013
Dun & Bradstreet Corp/TheDNB US8:00Q3 2013 Earnings CallQ3 2013
Becton Dickinson and CoBDX US8:00Q4 2013 Earnings CallQ4 2013
Cognizant Technology Solutions CorpCTSH US8:00Q3 2013 Earnings CallQ3 2013
ONEOK IncOKE USAft-mktQ3 2013 Earnings ReleaseQ3 20130.299
DaVita HealthCare Partners IncDVA USAft-mktQ3 2013 Earnings ReleaseQ3 20130.961
Frontier Communications CorpFTR USAft-mktQ3 2013 Earnings ReleaseQ3 20130.058
QEP Resources IncQEP USAft-mktQ3 2013 Earnings ReleaseQ3 20130.39
Fossil Group IncFOSL USAft-mktQ3 2013 Earnings ReleaseQ3 20131.362
Walgreen CoWAG USOctober 2013 Sales and Revenue Release2013

Monday, November 4, 2013

Diamond Foods - Chart of the Day

Diamond Foods (DMND) is the Chart of the Day.  Back on 6/7 the snack nut distributor had a break out and has been trading above its 100 day moving average ever since.  It is up 59.69% since that break out.

The Chart of the Day is Diamond Foods (DMND).  The stock was right at the top of the New High List when I sorted it for frequency. The stock has a Weighted Alpha of 53.80 and is up 71.21% in the last year.

It is a branded food company specializing in processing, marketing, and distributing culinary, snack, in-shell and ingredient nuts under the Diamond of California and Emerald of California brands. Diamond's products include walnuts, pine nuts, pecans, peanuts, macadamia nuts, hazelnuts, cashews, Brazil nuts and almonds.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 18.60% in the last month
  • Relative strength Index 69.76
  • Barchart computes a technical support level at 24.10
  • Recently traded at 24.72 with a 50 day moving average of 22.37
Fundamental factors:
  • Market Cap $564.80
  • P/E 58.12
  • Revenue projected to grow 5.40% next year
  • Earnings estimated to increase by 2.50% this year, an additional 102.40% next year and continue to increase annually by 7.90% for the next 5 years
  • Wall Street analysts issued 1 strong buy and 6 hold recommendations
  • Financial Strength is C++
Watch the 50 day moving average closely for signs of weakness