Friday, August 12, 2016

Five9 - Chart of the Day

Five9 (FIVN) is the Barchart Chart of the Day.  The software product company has a Trend Spotter buy signal, a Weighted Alpha of 177.15+ and gained 200.90% in the last year.

The Chart of the Day belongs to Five9 (FIVN).  I found the software stock by using Barchart to sort the Russell 3000 Index stocks for the stocks with the highest Weighted Alphas, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy  on 5/25 the stock gained 34.49%.

Five9 provides cloud software for contact centers. The Company offers software products such as workforce management, speech recognition, predictive dialer, and voice applications. It offers virtual contact center cloud platform that acts as the hub for interactions between its clients and their customers, enabling contact center operations focused on inbound or outbound customer interactions in a single unified architecture. The Company serves customers in various industries, including banking and financial services, business process outsourcers, consumer, healthcare, and technology. Five9, Inc. is headquartered in San Ramon, California.


 
The status of 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% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 10.32% in the last month
  • Relative Strength Index 65.82%
  • Technical support level at 12.96
  • Recently traded at 13.36 with a 50 day moving average of 12.21
Fundamental factors:
  • Market Cap $692.45 million
  • Revenue expected to grow 21.90% this year and another 17.80% next year
  • Earnings estimated to increase 64.30% this year and an additional 64.30% next year
  • Wall Street analysts issued 5 strong buy, 1 buy and 1 hold recommendation on the stock

Thursday, August 11, 2016

Gold Resources - Chart of the Day

Gold Resources (GORO) is the Barchart Chart of the Day.  The precious metal mining company has a Trend Spotter buy signal, a Weighted Alpha of 279.90+ and gained 485.09% in the last year.

The Chart of the Day belongs to Gold Resources (GORO).  I found the precious metal mining stock by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 6/29 the stock gained 85.71%.

Gold Resource Corporation is a mining company focused on production and pursuing development of select, high-grade gold and silver projects that feature low operation costs and produce high returns on capital. The Company has 100% interest in four potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. The Company has an interest in four properties, the El Aguila property, the Las Margaritas property, the El Rey property and the Solaga property. All of these properties are in the exploration stage and have no probable reserves. The company is based in Denver, Colorado.


The status of 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% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 24.91% in the last month
  • Relative Strength Index 70.84%
  • Technical support level at 6.38
  • Recently traded at 6.64 with a 50 day moving average of 4.59
Fundamental factors:
  • Market Cap $359.81 million
  • P/E 110.00
  • Dividend yield .30%
  • 1 Wall Street analysts issued a strong buy recommendation
  • The individual investors on Motley Fool voted 165 to 81 that the stock will beat the market

Wednesday, August 10, 2016

Hecla Mining - Chart of the Day

Hecla Mining is the Barchart Chart of the Day.  The precious metal miner has a Trend Spotter buy signal, a Weighted Alpha of 300.30+ and gained 244.93% in the last month.

The Chart of the Day belongs to Helca Mining (HL).  I found the precious metal mining stock n=by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 6/30 the stock gained 60.14%.

Hecla Mining Company is a leading low-cost U.S. silver producer with operating mines in Alaska and Idaho, and is a growing gold producer with an operating mine in Quebec, Canada. The Company also has exploration and pre-development properties in five world-class silver and gold mining districts in the U.S., Canada, and Mexico, and an exploration office and investments in early-stage silver exploration projects in Canada.


The status of 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% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 18.02% in the last month
  • Relative Strength Index 72.60%
  • Technical support level at 6.77
  • Recently traded at 7.12 with a 50 day moving average of 5.47
Fundamental factors:
  • Market Cap $2.73 billion
  • P/E 113.00
  • Dividend yield .15%
  • Revenue expected to grow 44.80% this year and another 8.70% next year
  • Earnings are estimated to increase 311.10% this year and another 47.40% next year
  • Wall Street analysts issued 7 hold and 1 under perform recommendation on the stock


Tuesday, August 9, 2016

Advanced Micro Devices - Chart of the Day

Advanced Micro Devices (AMD) is the Barchart Chart of the Day.   The semi-conductor company has a Trend Spotter buy signal, a Weighted Alpha of 246.90+ and gained 250.00% in the last 6 months.

The Chart of the Day belongs to Advanced Micro Devices (AMD).  I found the semi-conductor stock by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha then for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 6/30 the stock gained 29.38%.

Advanced Micro Devices, Inc. is a world-class company with the innovation, execution, and vision to grow our leadership position in the industry. Today's world-class companies share three essential characteristics. First, they deliver innovative products and technologies that customers want. Second, they have established a proven track record of fast, efficient manufacturing execution. And third, they have a bold vision of where to take their business, and often their industry. Over the course of AMD's three decades in business, silicon and software have become the steel and plastic of the worldwide digital economy. Technology companies have become global pacesetters, making technical advances at a prodigious rate always driving the industry to deliver more and more, faster and faster. AMD's dedication to customer-centric innovation and competitive spirit is an unbroken thread running from our early days in the integrated circuit business, through an ever-broadening product portfolio.


The status of 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:

  • 88% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 30.39% in the last month
  • Relative Strength index 65.09%
  • Technical support level at 6.53
  • Recently traded at 6.64 with a 50 day moving average of 5.33
Fundamental factors:
  • Market Cap $5.28 billion
  • Revenue expected to grow 3.30% this  year and another 5.60% next year
  • Earnings estimated to increase 61.10% this year and an additional 76.20% next year
  • Wall Street analysts issued 6 strong buy, 7 hold and 3 sell recommendations on the stock

Popular Inc and Brink's buy signals

Today I added Popular Inc. (BPOP) and Brink's (BCO) to the Barchart Van Meerten New High portfolio for positive price momentum.  The portfolio consists for the stocks from the Russell 3000 Index showing the best current momentum.

Popular Inc (BPOP)


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 27.31% in the last month
  • Relative Strength Index 84.57%
  • Technical support level at 35.90
  • Recently traded at 36.90 with a 50 day moving average of 30.92
Brink's (BCO)



Barchart technical indicators:

  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 29.16% in the last month
  • Relative strength Index 84.82%
  • Technical support level at 35.56
  • Recently traded at 36.31 with a 50 day moving average of 30.30

Monday, August 8, 2016

MeetMe Inc - Chart of the DAY


MeetMe Inc (MEET) is the Barchart  Chart of the Day.  The social networking company has a Trend Spotter buy signal, a Weighted Alpha of 420.50+ and gained 349.39% in the last year.



The Chart of the Day belongs to MeetMe Inc (MEET). I found the social networking stock by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha then again for technical buy signals of 80% or more,  Since the Trend Spotter signaled a buy on 4/13 the stock gained 233.23%.

MeetMe, Inc. owns and operates a social network. It enables users to meet new people through social games and apps, monetized by both advertising and virtual currency. The company operates MeetMe.com, Quepasa.com and MeetMe apps on iPhone and Android. MeetMe, Inc., formerly known as Quepasa Corporation, is headquartered in New Hope, Pennsylvania.



The status of 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% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 26.20% in the last month
  • Relative Strength Index 69.11%
  • Technical support level 7.00
  • Recently traded at 7.37 with a 50 day moving average of 5.52
Fundamental factors:
  • Market Cap $349.93 million
  • P/E 20.73
  • Revenue expected to grow 24.30% this year and another 28.00% next year
  • Earnings estimated to increase 166.70% this year, an additional 37.50% next year and continue to increase at an annual rate of 20.00% for the next 5 years
  • Wall Street analysts issued 2 strong buy recommendations on the stock




5 Mid Caps for Momentum Investors

Today I wanted to find 5 Mid Cap stocks for Momentum Investors so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent number of new highs in the last month then again for technical buy signals of 80% or more.  Today's watch list includes:

Trimble Navigation (TRMB), Stifel Financial (SF), Temper-Pedic International (TPX), MSCI Inc (MSCI) and Old Dominion Freight (ODFL)

Trimble Navigation (TRMB)


Barchart technical indicators:

  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 17 new highs and up 15.77% in the last month
  • Relative Strength Index 67.91%
  • Technical support level at 26.93
  • Recently traded at 27.82 with a 50 day moving average of 25.79


Barchart technical indicators:
  • 100% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 22.80% in the last month
  • Relative Strength Index 67.39%
  • Technical support level at 35.94
  • Recently traded at 37.46 with a 50 day moving average of 34.28


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and  100 day moving averages
  • 16 new highs and up 38.65% in the last month
  • Relative Strength Index 85.99%
  • Technical support level at 75.97
  • Recently traded at 78.31 with a 50 day moving average of 61.61
MSCI Inc (MSCI)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 10 day moving averages
  • 13 new highs and up 9.21% in the last month
  • Relative Strength Index 74.91%
  • Technical support level at 85.11
  • Recently traded at 86.77 with a 50 day moving average of 79.35


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 14 new highs and up 14.06% in the last month
  • Relative Strength Index 75.05%
  • Technical support level at 69.25
  • Recently traded at 70.95 with a 50 day moving average of 63.37



MORNING CALL 8/7

MORNING CALL
OVERNIGHT MARKETS AND NEWS
Sep E-mini S&Ps (ESU16 +0.17%) are up +0.18% at a fresh all-time nearest-futures high and European stocks are up +0.66% on positive carryover from last Friday's stronger-than-expected U.S. Jul non-farm payrolls. European stocks rose and commodity prices also gained after German Jun industrial production rose more than expected at the fastest pace in 5 months. Asian stocks settled higher: Japan +2.44%, Hong Kong +1.57%, China +0.93%, Taiwan 0.64%, Australia +0.74%, Singapore +1.51%, South Korea +0.69%, India +0.37%. Chinese stocks gained after weaker than expected China Jul exports and imports bolstered speculation the government may boost stimulus measures, and Japanese stocks were led higher by a rally in exporters as USD/JPY rose.
The dollar index (DXY00 +0.17%) is up +0.14%. EUR/USD (^EURUSD) is down -0.02%. USD/JPY (^USDJPY) is up +0.49%.
Sep T-note prices (ZNU16 -0.06%) are down -1 tick, but recovered nearly all of their losses from a 1-week low after Fed Governor Powell said he sees a "very gradual" path for interest rate increases.
Eurozone Aug Sentix investor confidence rose +2.5 to 4.2, stronger than expectations of +1.3 to 3.0.
German Jun industrial production rose +0.8% m/m, was stronger than expectations of +0.7% m/m and the largest increase in 5 months.
The China Jul trade balance unexpectedly widened to a surplus of +$52.31 billion, bigger than expectations of +$47.30 billion and the most in 6 months. Jul exports fell -4.4% y/y, weaker than expectations of -3.5% y/y and Jul imports fell -12.5% y/y, weaker than expectations of -7.0% y/y and the biggest decline in 5 months.
Fed Governor Powell said he sees an increasing risk that the U.S. is trapped in a prolonged period of subdued growth that requires a "very gradual" path for interest rate increases.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) USDA weekly grain export inspections, and (2) USDA Weekly Crop Progress.
There are 7 of the S&P 500 companies that report earnings today: Tyson Foods (consensus $1.06), Allergan (3.31), Intl Flavors and Fragrances (1.40), DaVita HealthCare Partners (0.98), Endo Intl (0.74), Microchip Technology (0.75), News Corp (0.13).
U.S. IPO's scheduled to price today: none.
Equity conferences this week: Cowen and Company Communications Infrastructure Summit on Mon-Tue, Pacific Crest Global Technology Leadership Forum on Mon-Tue, UBS Financial Services Conference on Tue, J.P. Morgan Auto Conference on Tue-Wed, Oppenheimer Technology, Internet & Communications Conference on Tue-Wed, Jefferies Industrials Conference on Tue-Thu, Canaccord Genuity Growth Conference on Wed-Thu, Jefferies Financial Services Conference on Wed-Thu, Goldman Sachs Power, Utilities, MLP, and Pipeline Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS
U.S. Concrete (USCR -4.15%) was rated a new 'Buy' at Suntrust Robinson with a price target of $75.
EOG Resources (EOG +7.03%) was upgraded to 'Buy' from 'Hold' at Wunderlich Securities.
Wyerhaeuser (WY +0.70%) was downgraded to 'Neutral' from 'Buy' at DA Davidson.
Level 3 Communications (LVLT +0.59%) was rated a new 'Buy' at BTIG with a price target of $63.
JP Morgan Chase (JPM +2.70%) is down -0.5% in pre-market trading after it was downgraded to 'Neutral' from 'Buy' at Citigroup.
Mattress Firm Holding (MFRM +1.47%) surged 100% in pre-market trading after Steinhoff International Holdings NV bought the company for $2.4 billion.
Delta Air Lines (DAL +3.09%) fell nearly 2% in pre-market trading after a computer-system failure grounded all of the carrier's flights across the U.S.
U.S. Steel (X +1.92%) gained over 1% in after-hours trading after the U.S. International Trade Commission (ITC) said that U.S. Steel can proceed with its case that charges Chinese manufacturers of carbon and alloy steel of misappropriating U.S. Steel trade secrets that a U.S. judge had put on hold July 6.
Berkshire Hathaway ({=BRK/B=}) lost almost 1% in after-hours trading after it reported Q2 operating EPS of $2,803, below consensus of $2,911.
Rackspace Holdings (RAX +10.24%) rose nearly 3% in after-hours trading, adding to last Friday's +10% surge, on reports that Apollo Global Management LLC is reportedly offering $3.5 billion for the company.
Lantheus Holdings (LNTH +54.24%) dropped almost 3% in after-hours trading after the company registered 17.8 million shares for sale for top share holder Avista Capital Partners.
MARKET COMMENTS
Sep E-mini S&Ps (ESU16 +0.17%) this morning are up +4.00 points (+0.18%) at a new all-time high. Friday's closes: S&P 500 +0.86%, Dow Jones +1.04%, Nasdaq +1.00%. The S&P 500 on Friday climbed to a new record high and closed higher on the +255,000 increase in U.S. July payrolls (stronger than expectations of +180,000) and the +0.3% m/m increase in U.S. July average hourly earnings (stronger than expectations of +0.2% m/m) that help sustain the economic recovery.
Sep 10-year T-notes (ZNU16 -0.06%) this morning are down -1 tick. Friday's closes: TYU6 -26.00, FVU6 -17.25. Sep T-notes on Friday fell to a 1-week low and closed sharply lower on the larger-than-expected increase in U.S. July non-farm payrolls, which may prompt the Fed to raise interest rates sooner rather than later. T-notes were also undercut by reduced safe-haven demand with the rally in the S&P 500 to a record high.
The dollar index (DXY00 +0.17%) this morning is up +0.138 (+0.14%). EUR/USD (^EURUSD) is down -0.0002 (-0.02%). USD/JPY (^USDJPY) is up +0.50 (+0.49%). Friday's closes: Dollar index +0.436 (+0.46%), EUR/USD -0.0044 (-0.40%), USD/JPY +0.60 (+0.59%). The dollar index on Friday closed higher on the stronger-than-expected U.S. July payroll report, which bolstered the case for the Fed to raise interest rates. In addition, EUR/USD fell to a 1-week low after German Jun factory orders unexpectedly fell -0.4% m/m, weaker than expectations of +0.5% m/m.
Sep WTI crude oil (CLU16 +1.46%) this morning is up +62 cents (+1.48%) at a 1-week high and Sep gasoline (RBU16 +0.68%) is up +0.0083 (+0.60%) at a 2-week high. Friday's closes: CLU6 -0.13 (-0.31%), RBU6 +0.0083 (+0.53%). Sep crude and gasoline on Friday settled mixed. Crude oil prices were undercut by the rally in the dollar and by the Baker Hughes report that showed that active U.S. oil rigs rose by +7 rigs in the week ended Aug 5 to a 4-1/2 month high of 381, the sixth straight week of increases. Crude oil prices found support on the rally in the S&P 500 to a new record high and on strong refinery demand after the crack spread rose to a 1-1/4 month high.
GLOBAL EVENT CALENDAR08/08/2016
Monday, Aug 8
US1100 ETUSDA weekly grain export inspections.
1600 ETUSDA Weekly Crop Progress.
Tuesday, Aug 9
US0830 ETQ2 non-farm productivity expected +0.5%, Q1 -0.6%. Q2 unit labor costs expected +1.8%, Q1 +4.5%.
1000 ETJun wholesale inventories expected unch, May unch. Jun wholesale trade sales expected +0.5%, May +0.5%.
1300 ETTreasury auctions $24 billion of 3-year T-notes.
JPN0200 ETJapan Jul machine tool orders, Jun -19.9% y/y.
1950 ETJapan Jun machine orders expected +3.3% m/m and -4.4% y/y, May -1.4% m/m and -11.7% y/y.
1950 ETJapan Jul PPI expected -0.1% m/m and -4.0% y/y, Jun -0.1% m/m and -4.2% y/y.
GER0200 ETGerman Jun trade balance expected +22.5 billion euros, May +21.0 billion euros. Jun exports expected +1.3% m/m, May -1.9% m/m. Jun imports expected +0.8% m/m, May +0.1% y/y.
UK0430 ETUK Jun industrial production expected unch m/m and +1.6% y/y, May -0.5% m/m and +1.4% y/y.
0430 ETUK Jun manufacturing production expected -0.2% m/m and +1.3% y/y, May -0.5% m/m and +1.7% y/y.
CHIn/aChina Jul new yuan loans expected 900.0 billion yuan, Jun 1.38 trillion yuan.
U.S. STOCK CALENDAR08/08/2016
CompanyTickerTimeEvent DescriptionPeriodEstimate
Tyson Foods IncTSN7:30Q3 2016 Earnings ReleaseQ3 20161.059
Allergan plcAGN7:30Q2 2016 Earnings ReleaseQ2 20163.307
Allergan plcAGN8:30Q2 2016 Earnings CallQ2 2016
Tyson Foods IncTSN9:00Q3 2016 Earnings CallQ3 2016
International Flavors & Fragrances IncIFF16:00Q2 2016 Earnings ReleaseQ2 20161.404
Gap Inc/TheGPS16:15July 2016 Sales and Revenue Release2016
Endo International PLCENDP16:30Q2 2016 Earnings CallQ2 2016
News CorpNWSA16:30Q4 2016 Earnings CallQ4 2016
Microchip Technology IncMCHP17:00Q1 2017 Earnings CallQ1 2017
DaVita HealthCare Partners IncDVA17:00Q2 2016 Earnings CallQ2 2016
DaVita HealthCare Partners IncDVAAft-mktQ2 2016 Earnings ReleaseQ2 20160.976
Endo International PLCENDPAft-mktQ2 2016 Earnings ReleaseQ2 20160.74
Southwest Airlines CoLUVJuly 2016 Sales and Revenue Release - Traffic Results2016
Microchip Technology IncMCHPQ1 2017 Earnings ReleaseQ1 20170.749
United Continental Holdings IncUALJuly 2016 Sales and Revenue Release - Traffic Results2016
News CorpNWSAQ4 2016 Earnings ReleaseQ4 20160.127

Trending Stocks 8/7

SymNameLastChangePercentHighLowVolumeTimeLinks
EVEREverbank Financial Corp19.19+0.55+2.95%19.1919.192,169,03609:59   
ISNSImage Sensing Syst6.40+3.98+164.46%6.406.401,245,22009:59   
MFRMMattress Firm Hldg C63.85+34.11+114.69%63.8563.85918,78209:59   
MEIPMei Pharma Inc. Com2.35+0.74+45.96%2.352.35378,21109:59   
BACBank of America Corp15.12+0.07+0.47%15.1215.12300,61809:59   
CHKChesapeake Energy Corp4.99+0.10+2.04%4.994.99188,90709:59   
BMYBristol-Myers Squibb Company63.93+0.65+1.03%63.9363.93183,84709:59   
RDS.BRoyal Dutch Shell52.47-0.36-0.68%52.4752.47178,04609:59   
WLLWhiting Petroleum Corp7.89+0.25+3.27%7.897.89167,90609:59   
BPBP Plc33.03-0.12-0.36%33.0333.03163,46309:56   
CHEKCheck-Cap Ltd. Ord2.45-0.58-19.14%2.452.45161,04709:57   
DBDeutsche Bank Ag13.38+0.23+1.75%13.3813.38157,83209:58   
MRKMerck & Company63.21-0.65-1.02%63.2163.21152,42309:59   
AAPLApple Inc107.66+0.18+0.17%107.66107.66132,53809:59   
HZNPHorizon Pharma Ord21.71+1.61+8.01%21.7121.71124,33909:59   
RDS.ARoyal Dutch Shell Plc49.96-0.20-0.40%49.9649.96109,72109:59   
ALRAlere Inc41.40+3.94+10.52%41.4041.40105,98409:54   
NFLXNetflix Inc96.00-1.03-1.06%96.0096.00105,32909:59   
FBFacebook Inc125.58+0.43+0.34%125.58125.58104,85709:59   
DALDelta Air Lines Inc37.25-0.42-1.11%37.2537.25101,36809:59