Friday, January 23, 2015

Xcel Energy - Barchart's Chart of the Day

Xcel  Energy (XEL) s the Barchart Chart of the Day.  The electric utility has a Trend Spotter buy signal, a Weighted Alpha of 34.00+, gained 32.58% in the last year and paid a 3.19% dividend.

The Chart of the Day belongs to Xcel Energy (XEL).  I found the electric  utility stock by sorting the All Time High list for the stocks with the highest technical buy signals, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 12/18 the stock gained 6.82%

Xcel Energy Inc. is predominantly an operating public utility engaged in the generation, transmission and distribution of electricity and the transportation, storage and distribution of natural gas.


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
  • 6 new highs and up 6.58% in the last month
  • Relative Strength Index 68.84%
  • Barchart computes a technical support level at 37.23
  • Recently traded at 37.76 with a 50 day moving average of 35.19
Fundamental factors:
  • Market Cap $19.08 billion
  • P/E 19.37
  • Dividend yield 3.19%
  • Revenue expected to grow 5.30% this year and another 3.60% next year
  • Earnings estimated to increase by 2.10% this year, an additional 5.00% next year and continue to increase an an annual rate of 4.32% for the next 5 years
  • Wall Street analysts issued 2 strong buy, 1 buy and 13 hold recommendations on the stock
Technical trading strategies have not worked on this stock so hold it for its dividends.

Thursday, January 22, 2015

York Water Company - Barchart's Chart of the Day

The York Water Company (YORW) is the Barchart Chart of the Day. The water utility stock has a Trend Spotter buy signal, a Weighted Alpha of 28.34+, gained 17.23% in the last year and paid a 2.44% dividend.

The Chart of the Day belongs to The York Water Company (YORW).  I found the stock by sorting the All Time High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled another buy on 12/17 the stock gained 13.22%.

The York Water Company impounds, purifies and distributes water. They are regulated by the Pennsylvania Public Utility Commission in the areas of billing, payment procedures, dispute processing, terminations, service territory, and rate setting. They must obtain PPUC approval before changing any of the aforementioned procedures.


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
  • 4 new highs and up 5.52% in the last month
  • Relative Strength Index 66.31%
  • Barchart computes a technical support level at 23.75
  • Recently traded at 24.84 with a 50 day moving average of 22.23
Fundamental factors:
  • Market Cap $318.70 million
  • P/E 29.90
  • Dividend yield 2.44%
  • Revenue expected to grow 9.20% this year and another 3.20% next year
  • Earnings estimated to increase 13.30% this year, an additional 4.70% next year and continue to compound at an annual rate of 4.90% for the next 5 years
  • Wall Street analysts issued 2 hold and 1 under perform recommendation on this stock
None of the technical trading strategies have been effective on this stock so unless you'd like to hold it for the steady dividend yield I would not advise you try to trade this stock.

Do you own NFLX,PG,CHK,WMT or ATVI?

Recently I covered the 15 most popular stock with individual investors; today let's look at #16 - #20.  The list includes Netflix (NFLX), Proctor & Gamble (PG), Chesapeake Energy (CHK), Wal-Mart Stores (WMT) and Activision Blizzard (ATVI):

Netflix (NFLX)


Barchart technical indicators:
  • 56% Barchart technical buy signals
  • Trend Spotter hold signal
  • Above its 20, 50 and 100 day moving averages
  • 16.91% off its recent high
  • Relative Strength Index 75.19%
  • Barchart computes a technical support level at 328.27
  • Recently traded at 413.14 with a 50 day moving average of 348.22


Barchart technical indicators:
  • 32% Barchart technical buy signals
  • Trend Spotter hold signal
  • Above its 50 and 100 day moving average
  • Only 3.57% off its recent high
  • Relative Strength Index 49.81%
  • Barchart computes a technical support level at 89.87
  • Recently traded at 90.70 with a 50 day moving average of 90.24


Barchart technical indicators:
  • 16% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 50 and 100 day moving averages
  • 38.17% off its recent high
  • Relative Strength Index 53.20%
  • Barchart computes a technical support level at 17.58
  • Recently traded at 19.34 which is below its 50 day moving averages of 20.10


Barchart technical indicators:
  • 8% Barchart technical buy signals
  • Trend Spotter hold signal
  • Above its 50 and 100 day moving averages
  • Only 5.21% off its recent high
  • Relative Strength Index 48.83%
  • Barchart computes a technical support level at 84.50
  • Recently traded at 86.33 with a 50 day moving average of 85.18


Barchart technical indicators:
  • 26% Barchart technical sell signal
  • Trend Spotter sell signal
  • Below its 50 and 100 day moving averages
  • 17.33% off its recent high
  • Relative Strength Index 52.34%
  • Barchart computes a technical support level at 19.58
  • Recently traded at 20.07 which is below its 50 day moving average of 20.29










BARCHART MORNING CALL 1/22

BARCHART MORNING CALL
OVERNIGHT MARKETS AND NEWS
March E-mini S&Ps (ESH15 +0.21%) this morning are up +0.22% at a 1-week high and European stocks are up +0.15% at a 4-month high ahead of the ECB decision later today in which the central bank is expected to announce an asset-purchase program. The market expects the ECB to commit to a quantitative-easing program that may exceed 1 trillion euros, and if the amount is smaller or if the ECB fails to give full details of the program, equity markets may be disappointed. Russia's Micex Stock Index soared over 3% to a 3-1/3 year high today as the prospects for additional ECB stimulus prompts investors to seek out risk and higher returns, which boosts the appeal of Russian stocks. Bank of America also recommended that investors "reduce short positions in Russia going into the ECB meeting as Russia may be, counterintuitively, the main beneficiary of credible quantitative easing." Asian stocks closed mostly higher: Japan +0.28%, Hong Kong +0.70%, China +0.53%, Taiwan +0.53%, Australia +0.49%, Singapore +0.47%, South Korea -0.05%, India +0.41%. Chinese stocks received a boost after the PBOC conducted its first reverse-repurchase operation this year, adding money to the financial system, after it said it rolled over a 269.5 billion yuan ($43.4 billion) lending facility to banks ahead of next month's Chinese New Year holiday. Commodity prices are mixed. Mar crude oil (CLH15 +2.43%) is up +1.42%. Mar gasoline (RBH15 +2.01%) is up +1.27%. Feb gold (GCG15 -0.94%) is down -0.51%. Mar copper (HGH15 -1.03%) is down -0.86%. Agriculture prices are higher. The dollar index (DXY00 -0.38%) is down -0.36%. EUR/USD (^EURUSD) is up +0.24%. USD/JPY (^USDJPY) is down -0.28%. Mar T-note prices (ZNH15 -0.34%) are down -13 ticks at a 1-week low.
The UK Jan CBI trends total orders unexpectedly fell -1 to 4, weaker then expectations of unchanged at 5. The Jan CBI trends selling prices fell -13 to -6, the lowest in 5 years. Jan CBI business optimism rose +7 to 15.
U.S. STOCK PREVIEW
Today’s initial unemployment claims report is expected to show a decline of -16,000 to 300,000, reversing most of last week’s rise of +19,000 to 316,000. Meanwhile, today’s continuing claims report is expected to show a decline of -24,000 to 2.400 million, adding to last week’s decline of -51,000 to 2.424 million. Today’s Nov FHFA house price index is expected to show an increase of +0.3% m/m, adding to October’s increase of +0.6% m/m. The Treasury today will sell $15 billion of 10-year inflation-protected TIPS securities.
There are 16 the S&P 500 companies that report earnings today with notable reports including: Capital One (consensus $1.75), Starbucks (0.80), Southwest Airlines (0.55), Johnson Controls (0.77), Union Pacific (1.52), Verizon (0.72). There are no equity conferences during the remainder of this week.
OVERNIGHT U.S. STOCK MOVERS
Netflix (NFLX +17.34%) was initiated with a 'Buy' at Pivotal Research with a price target of $550.
Travelers (TRV -0.78%) reported Q4 EPS of $3.07, well above consensus of $2.54.
Verizon Communucations (VZ +0.15%) reported Q4 EPS of 71 cents, below consensus of 72 cents.
Endo (ENDP -1.51%) climbed over 3% in after-hours trading after it was announced that it will replace Covidien (COV -0.90%) in the S&P 500 as of the close of trading on Jan 26.
eBay (EBAY -0.56%) rose nearly 3% in after-hours trading after it reported Q4 adjusted EPS of 90 cents, better than consensus of 89 cents.
Kinder Morgan (KMI +0.43%) reported Q4 EPS of 8 cents, wel below consensus of 34 cents.
Ingersoll-Rand (IR +1.20%) was initiated with a 'Buy' at UBS with a price target of $80.
3M Company (MMM +0.37%) was initiated with a 'Buy' at UBS with a price target of $195.
General Electric (GE +0.80%) was initiated with a 'Buy' at UBS with a price target of $30.
Tyco (TYC unch) was initiated with a 'Sell' at UBS with a price target of $40.
United Rentals (URI +3.66%) moved up over 1% in after-hours trading after it reported Q4 adjusted EPS of $2.19, higher than consensus of $2.07.
Discover (DFS -0.05%) fell over 3% in after-hours trading after it reported Q4 adjusted EPS of $1.19, less than consensus of $1.30.
F5 Networks (FFIV -0.24%) reported Q1 adjusted EPS of $1.55, better than consensus of $1.49.
SanDisk (SNDK +2.08%) rose 1% in after-hours trading after it reported Q4 EPS $1.30, higher than consensus of $1.27, and then said it will expand its stock repurchase program by $2.5 billion.
American Express (AXP +0.47%) reported Q4 EPS of $1.39, better than consensus of $1.38.
MARKET COMMENTS
Mar E-mini S&Ps (ESH15 +0.21%) this morning are up +4.50 points (+0.22%) at a new 1-week high. The S&P 500 index on Wednesday shook off early losses and climbed to a 1-week high and closed higher: S&P 500 +0.47%, Dow Jones +0.22%, Nasdaq +0.50%. Bullish factors included (1) carry-over support from a rally in European stocks on expectations the ECB on Thursday will announce a QE program, and (2) the +4.4% increase in U.S. Dec housing starts to 1.089 million, stronger than expectations of +1.2% to 1.040 million. Stocks had opened lower after comments from ECB Governing Council member Nowotny dampened speculation the ECB will announce a large-scale asset purchase program when he said “one should not get overexcited” about one policy meeting.
Mar 10-year T-notes (ZNH15 -0.34%) this morning are down -13 ticks at a 1-week low. Mar 10-year T-note futures prices on Wednesday closed lower. Closes: TYH5 -13.50, FVH5 -6.50. Negative factors included (1) the strongr-than-expected increase in U.S. Dec housing starts, and (2) reduced safe-haven demand for T-notes after the S&P 500 rallied to a 1-week high.
The dollar index (DXY00 -0.38%) this morning is down -0.333 (-0.36%). EUR/USD (^EURUSD) is up +0.0028 (+0.24%). USD/JPY (^USDJPY) is down -0.33 (-0.28%). The dollar index on Wednesday closed lower: Dollar index -0.142 (-0.15%), EUR/USD +0.00602 (+0.52%), USD/JPY -0.852 (-0.72%). Bullish factors included (1) weakness in USD/JPY as the yen strengthened after the BOJ refrained from expanding stimulus following its 2-day policy meeting, and (2) short-covering in EUR/USD ahead of Thursday’s ECB meeting. The dollar recovered from its worst levels after two unnamed ECB officials said the ECB on Thursday will propose purchasing as much as 1.3 trillion euros (50 billion euros per month) in asset purchases through 2016 in an attempt to spur growth and stave off deflation risks.
Mar WTI crude oil (CLH15 +2.43%) this morning is up +68 cents (+1.42%) and Mar gasoline (RBH15 +2.01%) is up +0.0173 (+1.27%). Mar crude oil and Mar gasoline on Wednesday closed higher: CLH5 +1.31 (+2.82%), RBH5 +0.0126 (+0.94%). Bullish factors included (1) a weaker dollar, and (2) signs of slower U.S. crude output after data from Baker Hughes showed the number of active U.S. oil rigs fell to 1,366 in the week ended Jan 16, the lowest level in 15 months. Gains in crude were muted on expectations that Thursday’s weekly EIA inventory data will show U.S. crude inventories rose +2.5 million bbl.
GLOBAL EVENT CALENDAR01/22/2015
US0830 ETWeekly initial unemployment claims expected -16,000 to 300,000, previous +19,000 to 316,000. Weekly continuing claims expected -24,000 to 2.400 million, previous 51,000 to 2.424 million.
0900 ETNov FHFA house price index expected +0.3% m/m, Oct +0.6% m/m.
1100 ETJan Kansas City Fed manufacturing activity expected unch at 8.
1100 ETEIA Weekly Petroleum Status Report.
1100 ETTreasury announces amount of 2-year T-notes (previous $27 billion), 2-year floating rate notes (previous $13 billion) 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Jan 27-29.
1300 ETTreasury auctions $15 billion of 10-year TIPS.
1500 ETUSDA Dec Cold Storage.
UK0430 ETUK Dec public sector net borrowing expected +9.0 billion pounds, Nov +13.4 billion pounds.
0600 ETUK Jan CBI trends total orders expected unch at 5. Jan CBI trends selling prices, Dec 7. Jan CBI business optimism, Dec 8.
EUR0500 ETEurozone Jan consumer confidence expected +0.4 to -10.5, Dec -10.9.
0745 ETECB announces interest rate decision.
0830 ETECB President Mario Draghi holds press conference following ECB meeting.
JPN2035 ETJapan Jan Markit/JMMA manufacturing PMI, Dec 52.0.
CHI2045 ETChina Jan HSBC flash manufacturing PMI expected -0.1 to 49.5, Dec 49.6.
U.S. STOCK CALENDAR01/22/2015
CompanyTickerTimeEvent DescriptionPeriodEstimate
Huntington Bancshares Inc/OHHBAN USBef-mktQ4 2014 Earnings ReleaseQ4 20140.191
Southwest Airlines CoLUV USBef-mktQ4 2014 Earnings ReleaseQ4 20140.552
Travelers Cos Inc/TheTRV USBef-mktQ4 2014 Earnings ReleaseQ4 20142.538
BB&T CorpBBT US5:45Q4 2014 Earnings ReleaseQ4 20140.733
Covidien PLCCOV US6:00Q1 2015 Earnings ReleaseQ1 20151.051
KeyCorpKEY US6:30Q4 2014 Earnings ReleaseQ4 20140.262
Precision Castparts CorpPCP US7:00Q3 2015 Earnings ReleaseQ3 20153.084
Johnson Controls IncJCI US7:00Q1 2015 Earnings ReleaseQ1 20150.768
Verizon Communications IncVZ US7:30Q4 2014 Earnings ReleaseQ4 20140.72
Navient CorpNAVI US8:00Q4 2014 Earnings CallQ4 2014
BB&T CorpBBT US8:00Q4 2014 Earnings CallQ4 2014
Union Pacific CorpUNP US8:00Q4 2014 Earnings ReleaseQ4 20141.522
Verizon Communications IncVZ US8:30Q4 2014 Earnings CallQ4 2014
Union Pacific CorpUNP US8:45Q4 2014 Earnings CallQ4 2014
Travelers Cos Inc/TheTRV US9:00Q4 2014 Earnings CallQ4 2014
Family Dollar Stores IncFDO US9:00Extraordinary Shareholders MeetingY 2015
KeyCorpKEY US9:00Q4 2014 Earnings CallQ4 2014
Precision Castparts CorpPCP US10:00Q3 2015 Earnings CallQ3 2015
Huntington Bancshares Inc/OHHBAN US10:00Q4 2014 Earnings CallQ4 2014
Crown Castle International CorpCCI US10:30Q4 2014 Earnings CallQ4 2014
Micron Technology IncMU US11:00Annual General MeetingY 2015
Intuit IncINTU US11:00Annual General Meeting
United Rentals IncURI US11:00Q4 2014 Earnings CallQ4 2014
Johnson Controls IncJCI US11:00Q1 2015 Earnings CallQ1 2015
Southwest Airlines CoLUV US12:30Q4 2014 Earnings CallQ4 2014
Air Products & Chemicals IncAPD US14:00Annual General MeetingY 2015
Capital One Financial CorpCOF US16:05Q4 2014 Earnings ReleaseQ4 20141.75
E*TRADE Financial CorpETFC US16:05Q4 2014 Earnings ReleaseQ4 20140.256
Intuitive Surgical IncISRG US16:05Q4 2014 Earnings ReleaseQ4 20144.366
Altera CorpALTR US16:15Q4 2014 Earnings ReleaseQ4 20140.351
KLA-Tencor CorpKLAC US16:15Q2 2015 Earnings ReleaseQ2 20150.513
Intuitive Surgical IncISRG US16:30Q4 2014 Earnings CallQ4 2014
Altera CorpALTR US16:45Q4 2014 Earnings CallQ4 2014
Capital One Financial CorpCOF US17:00Q4 2014 Earnings CallQ4 2014
Starbucks CorpSBUX US17:00Q1 2015 Earnings CallQ1 2015
E*TRADE Financial CorpETFC US17:00Q4 2014 Earnings CallQ4 2014
KLA-Tencor CorpKLAC US17:00Q2 2015 Earnings CallQ2 2015
Starbucks CorpSBUX USAft-mktQ1 2015 Earnings ReleaseQ1 20150.803
Dollar Tree IncDLTR USExtraordinary Shareholders MeetingY 2015
DR Horton IncDHI USAnnual General Meeting

Wednesday, January 21, 2015

Actavis - Barchart's Chart of the Day

Actavis (ACT) is the Barchart Chart of the Day.  The generic drug preparation company has a Trend Spotter buy signal, a Weighted Alpha of 55.40+ and gained 48.51% in the last year.

The Chart of the Day belongs to Actavis (ACT).  I found the stock by sorting the All Time High list for the stocks having the most frequent new highs in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled another buy on 1/7 the stock gained 4.05%.

Actavis plc is a specialty pharmaceutical company focused on developing, manufacturing and distributing generic, brand and biosimilar products. Its business is focused principally in the Urology and Women's Health therapeutic categories, as well as Gastroenterology and Dermatology.


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

Barchart technical indicators:

  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 4.00% in the last month
  • Relative Strength Index 63.70%
  • Barchart computes a technical support level at 264.04
  • Recently traded at 276.00 with a 50 day moving average of 261.07
Fundamental factors:
  • Market Cap $72.91 billion
  • P/E 20.25
  • Revenue expected to grow 46.00% this year and another 22.80% next year
  • Earnings estimated to increase 43.60% this year, an additional 21.60% next year and continue  to compound at an annual rate of 22.81% for the next 5 years
  • Wall Street analysts issued 10 strong buy, 10 buy and 2 hold recommendations on the stock
The most dependable technical trading strategy on this stock as been the 20 - 100 Day MACD Oscillator and should be used to trade this stock

BARCHART MORNING CALL 1/21

OVERNIGHT MARKETS AND NEWS
March E-mini S&Ps (ESH15 -0.38%) this morning are down -0.17% and European stocks are down -0.21% on reduced expectations that the ECB will announce a large-scale bond-buying program when it meets tomorrow after ECB Governing Council member Nowotny said "one should not get overexcited" about one policy meeting. Asian stocks closed mostly higher: Japan -0.49%, Hong Kong +1.68%, China +4.50%, Taiwan +0.74%, Australia +1.61%, Singapore +0.61%, South Korea +0.55%, India +0.36%. Commodity prices are mixed. Mar crude oil (CLH15 +0.52%) is up +0.45%. Mar gasoline (RBH15 +0.84%) is up +0.85%. Feb gold (GCG15 +0.43%) is up +0.22% at a 5-1/4 month high on speculation slowing global growth will prompt central banks to boost stimulus. Mar copper (HGH15 -2.35%) is down -1.83%. Agriculture prices are higher. The dollar index (DXY00 -0.36%) is down -0.34%. EUR/USD (^EURUSD) is up +0.23% on hawkish comments from ECB Governing Council member Nowotny. USD/JPY (^USDJPY) is down -1.06% after the BOJ failed to boost stimulus and retained its plan to increase the monetary base at an annual pace of 80 trillion yen. The BOJ, however, did cut its inflation forecast for the fiscal year starting in April to 1.0% from 1.7% previously. Mar T-note prices (ZNH15 +0.05%) are down -1 tick.
The minutes of the Jan 7-8 BOE policy meeting showed that the two BOE policy makers who pushed for an interest rate increase dropped their call for rate hikes this month on the risk of "inflation persisting below the target for longer than previously expected."
UK Dec jobless claims fell -29,700, a larger decline than expectations of -25,000 and the biggest drop in 4 months. The Dec claimant count rate fell -0.1 to 2.6%, right on expectations and the lowest in 6-1/2 years.
UK Nov avg weekly earnings rose +1.7% 3-mo avg, right on expectations. Nov avg weekly earnings ex-bonus rose +1.8% 3-mo avg, less than expectations of +1.9% 3-mo avg.
The UK Nov ILO unemployment rate fell -0.2 to 5.8% for the 3-months through Nov, a bigger decline than expectations of -0.1 to 5.9% and the lowest in 6-1/4 years.
The Japan Nov all-industry activity index unexpectedly rose for a third month as it gained +0.1% m/m, better than expectations of unch, while Oct was revised upward to +0.1% m/m from the originally reported -0.1% m/m.
U.S. STOCK PREVIEW
Today’s Dec housing starts report is expected to show a +1.2% increase to 1.040 million, reversing most of November’s -1.7% decline to 1.028 million.   There are 15 the S&P 500 companies that report earnings today with notable reports including:  American Express (consensus $1.38), Northern Trust (0.81), US Bancorp (0.77), eBay (0.89), Discover Financial (1.30).   Equity conferences during the remainder of this week include:  World Future Energy Summit 2015 Abu Dhabi Tue-Wed, CIBC Whistler Institutional Investor Conference on Wed.
OVERNIGHT U.S. STOCK MOVERS
Wal-Mart (WMT -0.09%) was downgraded to 'Equal Weight' from 'Overweight' at Morgan Stanley.
Whole Foods Market (WFM -0.29%) was upgraded to 'Buy' from 'Neutral' at Sterne Agee.
Lowe's (LOW -2.16%) was upgraded to 'Overweight' from 'Equal Weight' at Morgan Stanley.
Colgate-Palmolive (CL -0.30%) and McDermott (MDR -5.49%) were both downgraded to 'Neutral' from 'Buy' at UBS.
Exxon Mobil (XOM -0.03%) was upgraded to 'Outperform' from 'Market Perform' at Wells Fargo.
Fifth Third Bancorp (FITB -1.20%) reported Q4 EPS of 42 cents, right on consensus.
US Bancorp (USB -0.75%) reported Q4 EPS of 78 cents, higher than consensus of 77 cents.
UnitedHealth Group (UNH -0.14%) reported Q4 EPS of $1.55, better than consensus of $1.50
ING Group reported an 18.9% passive stake in Voya Financial (VOYA -0.87%) .
Advanced Micro Devices (AMD -6.28%) reported Q4 adjusted EPS of 0 cents, weaker than consensus of 1 cent.
Woodward (WWD +0.57%) reported Q1 EPS of 66 cents, well above consensus of 46 cents.
Celestica (CLS -0.88%) reported Q4 adjusted EPS of 23 cents, less than consensus of 24 cents.
International Business Machines (IBM -0.12%) fell over 2% in after-hours trading after it reported Q4 EPS of $5.81, higher than consensus of $5.41, but then lowered guidance on fiscal 2015 EPS to $15.75-$16.50, below consensus of $16.53.
Netflix (NFLX +3.40%) jumped over 15% in after-hours trading after it reported Q4 EPS of 72 cents, well above consensus of 45 cents.
Cree (CREE +4.66%) climbed nearly 4% in after-hours trading after it reported Q2 EPS of 33 cents, much better than consensus of 22 cents.
MARKET COMMENTS
Mar E-mini S&Ps (ESH15 -0.38%) this morning are down -3.50 points (-0.17%). The S&P 500 index on Tuesday closed slightly higher: S&P 500 +0.15%, Dow Jones +0.02%, Nasdaq +0.70%. Bullish factors included (1) reduced Chinese growth concerns after the Chinese Q4 GDP report of +7.3% y/y was slightly stronger than expectations of +7.2% y/y, and (2) a rally in technology stocks. Bearish factors included (1) global economic concerns after the IMF cut its 2015 global GDP forecast to +3.5% from an Oct estimate of +3.8%, and (2) weakness in homebuilder stocks after the U.S. Jan NAHB housing market index fell -1 from Dec to 57, weaker than expectations of +1 to 58.
Mar 10-year T-notes (ZNH15 +0.05%) this morning are down -1 tick. Mar 10-year T-note futures prices on Tuesday closed little changed. Closes: TYH5 unch, FVH5 -1.50. Bullish factors included (1) global growth concerns after the IMF cut its 2015 global GDP forecast, and (2) carry-over support from rallies in European government bonds on expectations for the ECB to announce sovereign debt purchases on Thursday. T-notes fell back from their best levels after stocks recovered from early losses and closed higher.
The dollar index (DXY00 -0.36%) this morning is down -0.319 (-0.34%). EUR/USD (^EURUSD) is up +0.0026 (+0.23%). USD/JPY (^USDJPY) is down -1.26 (-1.06%). The dollar index on Tuesday closed higher: Dollar index +0.526 (+0.57%), EUR/USD -0.00221 (-0.19%), USD/JPY +1.2629 (+1.07%). Bullish factors included (1) weakness in EUR/USD on the prospects for the ECB to announce QE when it meets Thursday, and (2) strength in USD/JPY after China Q4 GDP expanded more than forecast, which reduced safe-haven demand for the yen.
Mar WTI crude oil (CLH15 +0.52%) this morning is up +21 cents (+0.45%) and Mar gasoline (RBH15 +0.84%) is up +0.0114 (+0.85%). Mar crude oil and Mar gasoline on Tuesday closed sharply lower: CLH5 -2.66 (-5.41%), RBH5 -0.0460 (-3.31%). Negative factors included (1) a stronger dollar, (2) the IMF’s cut in its 2015 global GDP estimate, which signals reduced energy demand, and (3) global oversupply concerns after Iraqi Oil Minister Adel Abdul Mahdi said Iraq is pumping a record 4 million barrels of crude a day.
GLOBAL EVENT CALENDAR01/21/2015
US0700 ETWeekly MBA mortgage applications, previous +49.1% with purchase sub-index +23.6% and refi sub-index +66.4%.
0830 ETDec housing starts expected +1.2% to 1.040 million, Nov -1.7% to 1.028 million. Dec building permits expected +0.8% to 1.060 million, Nov -3.7% to 1.052 million.
JPN0000 ETRevised Japan Nov leading index CI, previous 103.8. Revised Nov coincident index, previous 108.9.
0100 ETRevised Japan Dec machine tool orders, previous +33.8% y/y.
n/aBOJ announces interest rate decision.
UK0430 ETUK Dec jobless claims change expected -25,000, Nov -26,900. Dec claimant count rate expected -0.1 to 2.6%, Nov 2.7%.
0430 ETUK Nov avg weekly earnings expected +1.7% 3-mo avg, Oct +1.4% 3-mo avg. Nov avg weekly earnings ex-bonus expected +1.9% 3-mo avg, Oct +1.6% 3-mo avg y/y.
0430 ETUK Nov ILO unemployment rate expected -0.1 to 5.9% 3-months through Nov, prior 6.0% 3-months through Oct.
0430 ETMinutes of the Jan 7-8 BOE policy meeting.
U.S. STOCK CALENDAR01/21/2015
CompanyTickerTimeEvent DescriptionPeriodEstimate
Northern Trust CorpNTRS USBef-mktQ4 2014 Earnings ReleaseQ4 20140.807
UnitedHealth Group IncUNH US6:00Q4 2014 Earnings ReleaseQ4 20141.5
Fifth Third BancorpFITB US6:30Q4 2014 Earnings ReleaseQ4 20140.421
US Bancorp/MNUSB US7:15Q4 2014 Earnings ReleaseQ4 20140.769
Amphenol CorpAPH US8:00Q4 2014 Earnings ReleaseQ4 20140.591
UnitedHealth Group IncUNH US8:45Q4 2014 Earnings CallQ4 2014
Fifth Third BancorpFITB US9:00Q4 2014 Earnings CallQ4 2014
US Bancorp/MNUSB US9:30Q4 2014 Earnings CallQ4 2014
CareFusion CorpCFN US11:30Extraordinary Shareholders Meeting
Northern Trust CorpNTRS US12:00Q4 2014 Earnings CallQ4 2014
Microsoft CorpMSFT US12:00Media Briefing: Windows 10
Amphenol CorpAPH US13:00Q4 2014 Earnings CallQ4 2014
F5 Networks IncFFIV US16:00Q1 2015 Earnings ReleaseQ1 20151.487
Kinder Morgan Inc/DEKMI US16:05Q4 2014 Earnings ReleaseQ4 20140.33
F5 Networks IncFFIV US16:30Q1 2015 Earnings CallQ1 2015
Kinder Morgan Inc/DEKMI US16:30Q4 2014 Earnings CallQ4 2014
American Express CoAXP US17:00Q4 2014 Earnings CallQ4 2014
eBay IncEBAY US17:00Q4 2014 Earnings CallQ4 2014
Xilinx IncXLNX US17:00Q3 2015 Earnings CallQ3 2015
SanDisk CorpSNDK US17:00Q4 2014 Earnings CallQ4 2014
Discover Financial ServicesDFS US17:00Q4 2014 Earnings CallQ4 2014
American Express CoAXP USAft-mktQ4 2014 Earnings ReleaseQ4 20141.381
eBay IncEBAY USAft-mktQ4 2014 Earnings ReleaseQ4 20140.889
Navient CorpNAVI USAft-mktQ4 2014 Earnings ReleaseQ4 20140.535
Crown Castle International CorpCCI USAft-mktQ4 2014 Earnings ReleaseQ4 20141.065
Xilinx IncXLNX USAft-mktQ3 2015 Earnings ReleaseQ3 20150.608
United Rentals IncURI USAft-mktQ4 2014 Earnings ReleaseQ4 20142.095
SanDisk CorpSNDK USAft-mktQ4 2014 Earnings ReleaseQ4 20141.238
Discover Financial ServicesDFS USAft-mktQ4 2014 Earnings ReleaseQ4 20141.299

Tuesday, January 20, 2015

Zeltiq Aesthetics - Barchart's Chart of the Day

Zeltiq Aesthetics (ZLTQ) is the Barchart Chart of the Day,  The medical products company has a Trend Spotter buy signal, a Weight Alpha of  49.84+ and gained 69.99% in the last year.

The Chart of the Day belongs to Zeltiq Aesthetics  (ZLTQ).  I found the stock by sorting the All Time High list for the stocks hitting the most frequent new highs in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled another buy on 1/9 the stock gained 3.74%.

Zeltiq Aesthetics Inc. is a medical technology company engaged in designing, development and commercialization of non-invasive procedures for the reduction of unwanted fat tissue. The Company offers CoolSculpting System and other products to the dermatologists, plastic surgeons, and aesthetic specialists in North America and internationally.



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
  • 4 new highs and up 2.96% in the last month
  • Relative Strength Index 59.58%
  • Barchart computes a technical support level at 27.49%
  • Recently traded at 30.23 with a 50 day moving average of 28.09
Fundamental factors:
  • Market Cap $1.13 billion
  • Revenue expected to grow 5620% this year and another 28.50% next year
  • Earnings estimated to increase 103.80% this year, an additional 250.00% next year and continue to compound at an annual rate of 3000% for the next 5 years
  • Wall Street analysts issued 4 strong buy, 1 buy and 2 hold recommendations on the stock
The 20-100 day MACD Oscillator has been an effective trading strategy on this stock and should be used for entry and exit points.

Do you own GOOGL,MO,SBUX,XOM or AMZN?

The most popular stocks are not always the best investments.  Last week I highlighted 10 very popular stocks and today we'll look at numbers 11 - 15.  Today's list includes  Google (GOOGL), Altria (MO), Starbucks (SBUX), Exxon Mobil (XOM) and Amazon.Com (AMZN):

Google (GOOGL)


Barchart technical indicators:
  • 64% Barchart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 16.45% off its recent high
  • Relative Strength Index 46.04%
  • Barchart computes a technical support level at 500.37
  • Recently traded at 512.41 which is below its 50 day moving average of 531.15
Altria (MO)


Barchart technical indicators:
  • 100% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 50, 50 and 100 day moving averages
  • Only 1.78% off its recent high
  • 11 new highs and up 5.83% in the last month
  • Relative Strength Index 74.06%
  • Barchart computes a technical support level at 52.03
  • Recently traded at 53.58 with a 50 day moving average of 50.17
Starbucks (SBUX)


Barchart technical indicators:
  • 40% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 ad 100 day moving averages
  • 6 new highs and up 2.15% in the last month
  • Relative Strength Index 52.17%
  • Barchart computes a technical support level at 78.35%
  • Recenlty traded at 80.90 with a 50 day moving average of 80.36


Barchart technical indicators:
  • 72% Batcart technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 10 day moving averages
  • 12.88% below its recent high
  • Relative Strength Index 49.36%
  • Barchat computes a technical support level at 88.22
  • Recently traded at 91.09 which is below its 50 day moving average of 92.66
Amazon.Com (AMZN)


Barchart technical indicators:
  • 96% Barchat technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 29.35% below its recent high
  • Relative Strength Index 37.00%
  • Barchart computes a technical support level at 283.39
  • Recently traded at 288.21 which is below its 50 day moving average of 309.81












BARCHART MORNING CALL 1/20

BARCHART MORNING CALL

OVERNIGHT MARKETS AND NEWS
U.S. STOCK PREVIEW
OVERNIGHT U.S. STOCK MOVERS
MARKET COMMENTS
GLOBAL EVENT CALENDAR01/21/2015
US1000 ETJan NAHB housing market index expected +1 to 58, Dec 57.
1100 ETUSDA weekly grain export inspections.
GER0200 ETGerman Dec PPI, Nov unch m/m and -0.9% y/y.
0500 ETGerman Jan ZEW survey expectations of economic growth expected +6.6 to 41.5, Dec 34.9. Jan ZEW current situation expected +1.0 to 11.0, Dec 10.0.
JPN2330 ETJapan Nov all-industry activity index, Oct -0.1% m/m.
U.S. STOCK CALENDAR01/21/2015
CompanyTickerTimeEvent DescriptionPeriodEstimate
Allegheny Technologies IncATI USBef-mktQ4 2014 Earnings ReleaseQ4 2014-0.005
M&T Bank CorpMTB USBef-mktQ4 2014 Earnings ReleaseQ4 20141.943
Regions Financial CorpRF US6:00Q4 2014 Earnings ReleaseQ4 20140.206
Baker Hughes IncBHI US6:30Q4 2014 Earnings ReleaseQ4 20141.077
Morgan StanleyMS US7:00Q4 2014 Earnings ReleaseQ4 20140.498
Halliburton CoHAL US7:00Q4 2014 Earnings ReleaseQ4 20141.106
Johnson & JohnsonJNJ US7:45Q4 2014 Earnings ReleaseQ4 20141.252
Baker Hughes IncBHI US8:00Q4 2014 Earnings CallQ4 2014
Iron Mountain IncIRM US8:00Extraordinary Shareholders Meeting - Restructuring VoteY 2014
Morgan StanleyMS US8:30Q4 2014 Earnings CallQ4 2014
Allegheny Technologies IncATI US8:30Q4 2014 Earnings CallQ4 2014
Johnson & JohnsonJNJ US8:30Q4 2014 Earnings CallQ4 2014
Halliburton CoHAL US9:00Q4 2014 Earnings CallQ4 2014
Delta Air Lines IncDAL US10:00Q4 2014 Earnings CallQ4 2014
M&T Bank CorpMTB US10:00Q4 2014 Earnings CallQ4 2014
Regions Financial CorpRF US11:00Q4 2014 Earnings CallQ4 2014
Netflix IncNFLX US16:05Q4 2014 Earnings ReleaseQ4 20140.445
International Business Machines CorpIBM US16:30Q4 2014 Earnings CallQ4 2014
Netflix IncNFLX US17:00Q4 2014 Earnings CallQ4 2014
CA IncCA US17:00Q3 2015 Earnings CallQ3 2015
CA IncCA USAft-mktQ3 2015 Earnings ReleaseQ3 20150.604
International Business Machines CorpIBM USAft-mktQ4 2014 Earnings ReleaseQ4 20145.429
Coach IncCOH USQ2 2015 Earnings ReleaseQ2 20150.66
Delta Air Lines IncDAL USQ4 2014 Earnings ReleaseQ4 20140.758