Friday, October 28, 2016

Piper Jaffray - Chart of the Day

Piper Jaffray (PJC) is the Barchart Chart of the Day.  The securities brokerage firm has a Trend spotter buy signal, a Weighted Alpha of 60.00+ and gained 40.28% in the last year.

The Chart of the Day belongs to Piper Jaffray (PJC).  I found the securities brokerage stock by using Barchart to sort the Russel 3000 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.  Since the Trend Spotter signaled a buy on 7/12 the stock gained 30.54%.

Piper Jaffray Companies is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. They operate through two primary revenue-generating segments: Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis.


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
  • 14 new highs and up 16.25% in the last month
  • Relative Strength Index 76.83%
  • Technical support level at 53.10
  • Relative Strength Index 76.83%
  • Recently traded at 54.50 with a 50 day moving average of 47.75
Fundamental factors:
  • Market Cap $876.91 million
  • P/E 14.96
  • Revenue expected to grow 1.70 this year and another 8.60% next year
  • Earnings estimated to increase 20.00% next year and continue to increase at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts normally don't recommend each other but on firm rates the stock a hold

STOR, UVE, HTBK Sell Signals

Today I deleted Store Capital (STOR), Universal Insurance (UVE) and Heritage Commerce (HTBK) from the Barchart Van Meerten New High portfolio for negative price momentum.

Store Capital (STOR)

Barchart technical indicators:

  • 100% technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 14.93% off its recent high
  • Relative Strength Index 29.26%


Barchart technical indicators:
  • 48% technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 44.65% off its recent high
  • Relative Strength Index 36.54%


Barchart technical indicators:
  • 64% technical sell signals
  • Trend Spotter sell signal
  • Below its 20, 50 and 100 day moving averages
  • 12.52% off its recent high
  • Relative Strength Index 45.12%

Thursday, October 27, 2016

Goldman Sachs - Chart of the Day

Goldman Sachs (GS) is the Barchart Chart of the Day.  The investment brokerage firm has a Trend Spotter buy signal, a Weighted Alpha of 2.80+ and gained 10.44% in the last 3 months,

The Chart of the Day belongs to Goldman Sachs (GS).  I found the investment brokerage stock by using Barchart to sort the Russell 3000 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.  Since the Trend Spotter signaled a buy on 10/7 the stock gained 4.69%.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. 


Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals. 

Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 9.15% in the last month
  • Relative Strength Index 69.63%
  • Technical support level at 172.33
  • Recently traded at 177.75 with a 50 day moving average of 168.77
Fundamental factors:
  • Market Cap $72.07 billion
  • P/E 11.00
  • Dividend yield 1.48%
  • Revenue expected to grow 5.40% next year
  • Earnings estimated to increase 12.60% next year and continue to compound at an annual rate of 16.56% for the next 5 years
  • Wall Street analysts issued 5 strong buy, 1 buy, 8 hold a 1 sell recommendation on the stock

Wednesday, October 26, 2016

Bank of America - Chart of the Day

Bank of America (BAC) is the Barchart Chart of the Day.  The national commercial bank has a Trend Spotter buy signal, a Weighted Alpha of 10.53+ and gained 16.10% in the last 3 months.

The Chart of the Day belongs to Bank of America (BAC).  I found the national commercial bank stock by using Barchart to sort the Russell 3000 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.  Since the Trend Spotter signaled a buy on 10/5 the stock gained 4.72%.

Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose.



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
  • 16 new highs and up 11.80% in the last month
  • Relative Strength Index 70.25%
  • Technical support level at 16.54
  • Recently traded at 16.87 with a 50 day moving average of 15.83
Fundamental factors:
  • Market Cap $172.15 billion
  • P/E 13.31
  • Dividend yield 1.79%
  • Revenue expected to grow 1.00% this year and another 1.40% next year
  • Earnings estimated to increase 12.20% this year, an additional 6.80% next year and continue to compound at an annual rate of 8.02% for the next 5 years
  • Wall Street analysts issued 12 strong buy, 1 buy and 5 hold recommendations on the stock

Trim the Deadwood and Keep it in Cash

You may have noticed that I have not posted many buy recommendations lately.  Right now I think there is more downside risk than there is a risk of being left behind.

As I post 60% of all stocks are trading below both their 20 and 50 day moving averages.  Not a good sign.

I'm trimming deadwood --- anything trading 10% or more below their recent high and keeping my powder dry till after the market has a clear trend.

I suggest you do the same

MORNING CALL 10/26

MORNING CALL
OVERNIGHT MARKETS AND NEWS
Dec E-mini S&Ps (ESZ16 -0.41%) are down -0.37% and European stocks are down -0.76%. A 3% drop in Apple in pre-market trading is undercutting stocks after the company forecast uninspiring forward expectations. A -1.38% slide in crude oil prices (CLZ16 -1.62%) to a 2-week low is also pushing energy producing stocks lower after the API reported late yesterday that U.S. crude inventories rose +4.75 million bbl last week. European stocks were also pressured by an unexpected decline in German Nov GfK consumer confidence to a 6-month low. Asian stocks settled mostly lower: Japan +0.15%, Hong Kong -1.02%, China -0.50%, Taiwan -0.25%, Australia -1.53%, Singapore -0.89%, South Korea -1.18%, India -0.91. Japan's Nikkei Stock Index bucked the trend today and rallied up to a 5-3/4 month high after Tuesday's rally in USD/JPY to a 2-3/4 month high fueled gains in exporter stocks.
The dollar index (DXY00 -0.12%) is down -0.21%. EUR/USD (^EURUSD) is up +0.30%. USD/JPY (^USDJPY) is down -0.01%.
Dec 10-year T-note prices (ZNZ16 -0.13%) are down -4 ticks.
ECB Governing Council member Hanson said wage growth, which could boost price growth "remains rather modest in some regions" and "even looking at headline inflation developments, one can notice tendency for growth lately, but where some weakness can be seen is core inflation, where we can't yet see a very clear trend for improvement."
The German Nov GfK consumer confidence unexpectedly fell -0.3 to 9.7, weaker than expectations of no change at 10.0 and a 6-month low.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +0.6% with purchase sub-index +3.0% and refi sub-index -0.8%), (2) Sep wholesale inventories (expected +0.1%, Aug -0.2%), (3) Oct Markit services PMI (expected +0.2 to 52.5, Sep +1.3 to 52.3), (4) Sep new home sales (expected -1.5% to 600,000, Aug -7.6% to 609,000), (5) the Treasury's auction of $14 billion of 2-year floating-rate notes and $34 billion of 5-year T-notes, and (6) EIA Weekly Petroleum Status Report.
Notable S&P 500 earnings reports today include: Coca-Cola (consensus $0.48), Boeing (2.67), General Dynamics (2.38), Norfolk Southern (1.45), Biogen (4.97), Waste Management (0.80), Simon Property Group (2.68), Southwest Airlines (0.88), Comcast (0.91), State Street (1.25), Nasdaq (0.90), Newmont Mining (0.49), Public Storage (2.53).
U.S. IPO's scheduled to price today: GTY Technology Holdings (GTYHU), Myovant Sciences (MYOV).
Equity conferences this week include: Money20/20 Conference on Mon-Wed, American Cystic Fibrosis Conference on Thu, ARM TechCon on Thu.
OVERNIGHT U.S. STOCK MOVERS
Apple (AAPL +0.51%) slid 3% in pre-market trading after it reported Q4 revenue of $46.9 billion, below consensus of $47 billion, and forecast Q1 gross margins of 38%-38.5%, weaker than consensus of 39%
Under Armour (UA -13.22%) was downgraded to 'Market Perform' from 'Outperform' at Cowen with a 12-month target price of $35.
Twitter (TWTR -4.27%) rose 3% in after-hours trading after Betaville reported that Disney is still interested in acquiring the company.
Akamai Technologies (AKAM +0.39%) climbed over 6% in after-hours trading after it reported Q3 adjusted EPS of 68 cents, higher than consensus of 61 cents.
Juniper Networks (JNPR +0.25%) rose 4% in after-hours trading after it reported Q3 adjusted EPS of 58 cents, higher than consensus of 52 cents/
Edwards Lifesciences (EW -2.86%) slumped over 12% in after-hours trading after it reported Q3 revenue of $739.4 million, less than consensus of $749.1 million, and said it sees Q4 sales of $750 million-$790 million, below consensus of $801.6 million.
Panera Bread (PNRA -2.04%) rose 5% in after-hours trading after it reported Q3 adjusted EPS of $1.37, higher than consensus of $1.34, and then raised its full-year adjusted EPS view to $6.67-$6.72 from a July 26 estimate of $6.60-$6.70.
NuVasive (NUVA -2.74%) tumbled 12% in after-hours trading after it cut its full-year revenue forecast to $952 million from a prior estimate of $962 million.
Express Scripts Holding (ESRX +0.39%) gained over 1% in after-hours trading after it reported Q3 adjusted EPS of $1.74, above consensus of $1,73, and then raised the low end of its full-year adjusted EPS view to $6.36-$6.42 from a prior view of $6.33-$6.43.
CH Robinson Worldwide (CHRW +0.45%) declined over 3% in after-hours trading after it reported Q3 EPS of 90 cents, below consensus of 96 cents.
Owens-Illinois (OI -0.99%) rallied over 3% in after-hours trading after it raised the low end its full-year adjusted EPS view to $2.27-$2.32 from a July 27 view of $2.25-$2.35.
Pandora Media (P -4.84%) fell 5% in after-hours trading after it lowered guidance on full-year revenue to $1.354 billion-$1.366 billion from a prior view of $1.385 billion-$1.405 billion.
NCR Corp. (NCR -2.17%) rose over 3% in pre-market trading after it reported Q3 adjusted EPS of 87 cents, above consensus of 81 cents, and then raised its full-year adjusted EPS view to $2.97-$3.02 from a prior view of $2.90-$3.00.
Diplomat Pharmacy (DPLO -0.24%) dropped over 5% in after-hours trading after President Gary Kadlec and CFO Sean Whelan said they will both step down on Dec 31.
Gladstone Capital (GLAD -1.68%) slid over 3% in after-hours trading after it announced a common stock offering, although no size was given.
MARKET COMMENTS
Dec E-mini S&Ps (ESZ16 -0.41%) this morning are down -8.00 points (-0.37%). Tuesday's closes: S&P 500 -0.38%, Dow Jones -0.30%, Nasdaq-0.38%. The S&P 500 on Tuesday closed lower on the -4.9 point decline in U.S. Oct consumer confidence to 98.6 (weaker than expectations of -2.6 to 101.5) and on negative earnings news after 3M cut the top end of its 2016 profit forecast, Caterpillar cut its sales forecast for this year and Whirlpool lowered its profit outlook. There was also weakness in energy producer stocks as the price of crude oil fell -2.41%.
Dec 10-year T-notes (ZNZ16 -0.13%) this morning are down -4 ticks. Tuesday's closes: TYZ6 -5.50, FVZ6 -3.25. Dec 10-year T-notes on Tuesday recovered from a 1-week low and closed unchanged. T-notes found underlying support from the larger-than-expected decline in U.S. Oct consumer confidence index and from increased safe-haven demand with the weakness in stocks. Stocks were undercut by slack demand for the Treasury's $26 billion 2-year auction that had a bid-to-cover ratio of 2.53, weaker than the 12-auction average of 2.86 and the weakest demand for a 2-year auction in 3 months.
The dollar index (DXY00 -0.12%) this morning is down -0.209 (-0.21%). EUR/USD (^EURUSD) is up +0.0033 (+0.30%). USD/JPY (^USDJPY) is down-0.01 (-0.01%). Tuesday's closes: Dollar index -0.037 (-0.04%), EUR/USD +0.0007 (+0.06%), USD/JPY +0.04 (+0.04%). The dollar index on Tuesday fell back from an 8-1/2 month high and closed lower on the weaker-than-expected U.S. Oct consumer confidence index. The dollar was also undercut by the rebound in EUR/USD from a 7-1/2 month low after the German Oct IFO business climate index showed an unexpectedly strong increase to a 2-1/2 year high.
Dec WTI crude oil (CLZ16 -1.62%) this morning is down -69 cents (-1.38%) at a 2-week low and Dec gasoline (RBZ16 -1.74%) is down -0.0246(-1.66%) at a 1-1/2 week low. Tuesday's closes: Dec crude -1.22 (-2.41%), Dec gasoline -0.0244 (-1.66%). Dec crude oil and gasoline on Tuesday closed lower on comments from a Russian OPEC envoy who said an oil production cut is not a suitable option for Russia, only a freeze of output at current levels. Crude oil prices were also undercut by expectations for Wednesday's EIA crude inventories to increase by +1.75 million bbl.
GLOBAL EVENT CALENDAR10/26/2016
Wednesday, Oct 26
US0700 ETWeekly MBA mortgage applications, previous +0.6% with purchase sub-index +3.0% and refi sub-index -0.8%.
0830 ETSep wholesale inventories expected +0.1%, Aug -0.2%. Sep wholesale trade sales, Aug +0.7%,
0945 ETOct Markit services PMI expected +0.2 to 52.5, Sep +1.3 to 52.3.
1000 ETSep new home sales expected -1.5% to 600,000, Aug -7.6% to 609,000.
1030 ETEIA Weekly Petroleum Status Report.
1130 ETTreasury auctions $14 billion of 2-year floating-rate notes.
1300 ETTreasury auctions $34 billion of 5-year T-notes.
Thursday, Oct 27
US0830 ETWeekly initial unemployment claims expected -5,000 to 255,000, previous +13,000 to 260,000. Weekly continuing claims expected-5,000 to 2.052 million, previous +7,000 to 2.057 million.
0830 ETSep durable goods orders expected unch and +0.2% ex transportation, Aug +0.1% and -0.2% ex transportation. Sep capital goods orders nondefense ex-aircraft & parts expected -0.1%, Aug +0.9%.
0830 ETUSDA weekly Export Sales.
1000 ETSep pending home sales expected +1.1% m/m and +4.0% y/y, Aug -2.4% m/m and +4.0% y/y.
1100 ETOct Kansas City Fed manufacturing activity survey expected -3 to 3, Sep +10 to 6.
1300 ETTreasury auctions $28 billion 7-year T-notes
U.S. STOCK CALENDAR10/26/2016
CompanyTickerTimeEvent DescriptionPeriodEstimate
St Jude Medical IncSTJ US3:00Annual General Meeting - M&A Vote
Boston Scientific CorpBSX USBef-mktQ3 2016 Earnings ReleaseQ3 20160.268
Coca-Cola Co/TheKO USBef-mktQ3 2016 Earnings ReleaseQ3 20160.482
Laboratory Corp of America HoldingsLH USBef-mktQ3 2016 Earnings ReleaseQ3 20162.293
Northrop Grumman CorpNOC USBef-mktQ3 2016 Earnings ReleaseQ3 20162.808
Exelon CorpEXC USBef-mktQ3 2016 Earnings ReleaseQ3 20160.786
Huntington Bancshares Inc/OHHBAN USBef-mktQ3 2016 Earnings ReleaseQ3 20160.211
Biogen IncBIIB USBef-mktQ3 2016 Earnings ReleaseQ3 20164.967
Waste Management IncWM USBef-mktQ3 2016 Earnings ReleaseQ3 20160.801
Simon Property Group IncSPG USBef-mktQ3 2016 Earnings ReleaseQ3 20162.676
DTE Energy CoDTE USBef-mktQ3 2016 Earnings ReleaseQ3 20161.651
Garmin LtdGRMN USBef-mktQ3 2016 Earnings ReleaseQ3 20160.544
Ingersoll-Rand PLCIR US6:30Q3 2016 Earnings ReleaseQ3 20161.287
Southwest Airlines CoLUV US6:30Q3 2016 Earnings ReleaseQ3 20160.876
Wyndham Worldwide CorpWYN US6:30Q3 2016 Earnings ReleaseQ3 20161.885
Avery Dennison CorpAVY US6:45Q3 2016 Earnings ReleaseQ3 20160.997
WEC Energy Group IncWEC US7:00Q3 2016 Earnings ReleaseQ3 20160.614
Comcast CorpCMCSA US7:00Q3 2016 Earnings ReleaseQ3 20160.91
State Street CorpSTT US7:00Q3 2016 Earnings ReleaseQ3 20161.253
Nasdaq IncNDAQ US7:00Q3 2016 Earnings ReleaseQ3 20160.901
Hess CorpHES US7:30Q3 2016 Earnings ReleaseQ3 2016-1.24
Boeing Co/TheBA US7:30Q3 2016 Earnings ReleaseQ3 20162.674
General Dynamics CorpGD US7:30Q3 2016 Earnings ReleaseQ3 20162.381
FLIR Systems IncFLIR US7:30Q3 2016 Earnings ReleaseQ3 20160.425
Boston Scientific CorpBSX US8:00Q3 2016 Earnings CallQ3 2016
Norfolk Southern CorpNSC US8:00Q3 2016 Earnings ReleaseQ3 20161.451
Owens-Illinois IncOI US8:00Q3 2016 Earnings CallQ3 2016
FLIR Systems IncFLIR US8:00Q3 2016 Earnings CallQ3 2016
Nasdaq IncNDAQ US8:00Q3 2016 Earnings CallQ3 2016
Mondelez International IncMDLZ US8:00Q3 2016 Earnings ReleaseQ3 20160.434
Assurant IncAIZ US8:00Q3 2016 Earnings CallQ3 2016
Franklin Resources IncBEN US8:30Q4 2016 Earnings ReleaseQ4 20160.691
Franklin Resources IncBEN US8:30Q4 2016 Earnings Call - Pre RecordedC4 2016
Comcast CorpCMCSA US8:30Q3 2016 Earnings CallQ3 2016
Express Scripts Holding CoESRX US8:30Q3 2016 Earnings CallQ3 2016
Biogen IncBIIB US8:30Q3 2016 Earnings CallQ3 2016
Chubb LtdCB US8:30Q3 2016 Earnings CallQ3 2016
CH Robinson Worldwide IncCHRW US8:30Q3 2016 Earnings CallQ3 2016
Wyndham Worldwide CorpWYN US8:30Q3 2016 Earnings CallQ3 2016
Norfolk Southern CorpNSC US8:45Q3 2016 Earnings CallQ3 2016
Coca-Cola Co/TheKO US9:00Q3 2016 Earnings CallQ3 2016
General Dynamics CorpGD US9:00Q3 2016 Earnings CallQ3 2016
Laboratory Corp of America HoldingsLH US9:00Q3 2016 Earnings CallQ3 2016
Parker-Hannifin CorpPH US9:00Annual General MeetingY 2016
Huntington Bancshares Inc/OHHBAN US9:00Q3 2016 Earnings CallQ3 2016
Range Resources CorpRRC US9:00Q3 2016 Earnings CallQ3 2016
DTE Energy CoDTE US9:00Q3 2016 Earnings CallQ3 2016
Ameriprise Financial IncAMP US9:00Q3 2016 Earnings CallQ3 2016
State Street CorpSTT US9:30Q3 2016 Earnings CallQ3 2016
Hess CorpHES US10:00Q3 2016 Earnings CallQ3 2016
Ingersoll-Rand PLCIR US10:00Q3 2016 Earnings CallQ3 2016
Citigroup IncC US10:00Q3 2016 Earnings Call - Fixed IncomeC3 2016
Waste Management IncWM US10:00Q3 2016 Earnings CallQ3 2016
Boston Properties IncBXP US10:00Q3 2016 Earnings CallQ3 2016
Mondelez International IncMDLZ US10:00Q3 2016 Earnings CallQ3 2016
Boeing Co/TheBA US10:30Q3 2016 Earnings CallQ3 2016
Garmin LtdGRMN US10:30Q3 2016 Earnings CallQ3 2016
Avery Dennison CorpAVY US11:00Q3 2016 Earnings CallQ3 2016
Franklin Resources IncBEN US11:00Q4 2016 Earnings CallQ4 2016
Exelon CorpEXC US11:00Q3 2016 Earnings CallQ3 2016
Torchmark CorpTMK US11:00Q3 2016 Earnings CallQ3 2016
Cincinnati Financial CorpCINF US11:00Q3 2016 Earnings CallQ3 2016
Equity ResidentialEQR US11:00Q3 2016 Earnings CallQ3 2016
Simon Property Group IncSPG US11:00Q3 2016 Earnings CallQ3 2016
Northrop Grumman CorpNOC US12:00Q3 2016 Earnings CallQ3 2016
Southwest Airlines CoLUV US12:30Q3 2016 Earnings CallQ3 2016
UDR IncUDR US13:00Q3 2016 Earnings CallQ3 2016
WEC Energy Group IncWEC US14:30Q3 2016 Earnings CallQ3 2016
F5 Networks IncFFIV US16:00Q4 2016 Earnings ReleaseQ4 20161.941
Robert Half International IncRHI US16:15Q3 2016 Earnings ReleaseQ3 20160.709
Unum GroupUNM US16:15Q3 2016 Earnings ReleaseQ3 20160.949
Western Digital CorpWDC US16:15Q1 2017 Earnings ReleaseQ1 20171.05
Texas Instruments IncTXN US16:30Q3 2016 Earnings ReleaseQ3 20160.863
O'Reilly Automotive IncORLY US16:30Q3 2016 Earnings ReleaseQ3 20162.923
F5 Networks IncFFIV US16:30Q4 2016 Earnings CallQ4 2016
Fortune Brands Home & Security IncFBHS US16:30Q3 2016 Earnings CallQ3 2016
Robert Half International IncRHI US17:00Q3 2016 Earnings CallQ3 2016
Varian Medical Systems IncVAR US17:00Q4 2016 Earnings CallQ4 2016
Western Digital CorpWDC US17:00Q1 2017 Earnings CallQ1 2017
Fiserv IncFISV US17:00Q3 2016 Earnings CallQ3 2016
XL Group LtdXL US17:00Q3 2016 Earnings CallQ3 2016
Equifax IncEFX USAft-mktQ3 2016 Earnings ReleaseQ3 20161.356
Murphy Oil CorpMUR USAft-mktQ3 2016 Earnings ReleaseQ3 2016-0.2
Newmont Mining CorpNEM USAft-mktQ3 2016 Earnings ReleaseQ3 20160.491
Universal Health Services IncUHS USAft-mktQ3 2016 Earnings ReleaseQ3 20161.683
Varian Medical Systems IncVAR USAft-mktQ4 2016 Earnings ReleaseQ4 20161.34
Fiserv IncFISV USAft-mktQ3 2016 Earnings ReleaseQ3 20161.134
Realty Income CorpO USAft-mktQ3 2016 Earnings ReleaseQ3 20160.728
Extra Space Storage IncEXR USAft-mktQ3 2016 Earnings ReleaseQ3 20160.995
Fortune Brands Home & Security IncFBHS USAft-mktQ3 2016 Earnings ReleaseQ3 20160.782
XL Group LtdXL USAft-mktQ3 2016 Earnings ReleaseQ3 20160.377
Public StoragePSA US17:30Q3 2016 Earnings ReleaseQ3 20162.525
Texas Instruments IncTXN US17:30Q3 2016 Earnings CallQ3 2016

Tuesday, October 25, 2016

Franklin Covey - Chart of the Day

Franklin Covey (FC) is the Barchart Chart of the Day.  The consulting company has a Trend Spotter by signal, a Weighted Alpha of 16.09+ and gained 20.13% in the last 6 months.

The Chart of the Day belongs to Franklin Covey (FC).  I found the performance consulting stock by using Barchart to sort the Russell 3000 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.  Since the Trend spotter signaled a buy on 9/26 the stock gained 11.85%.

Franklin Covey Co. is an international learning and performance solutions company dedicated to increasing the effectiveness of individuals and organizations. They provide consulting services, training and education programs, educational materials, publications, assessment and measurement tools, implementation processes, application tools and products designed to empower individuals and organizations to become more effective.


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
  • 15 new highs and up 12.39% in the last month
  • Relative Strength Index 71.85%
  • Technical support level at 18.32
  • Recently traded at 1850 with a 50 day moving average of 16.95
Fundamental factors:
  • Market Cap $264.55 million
  • P/E 42.56
  • Revenue expected to grow 6.10% next year
  • Earnings estimated to increase 43.40% next year and continue to compound at an annual rate of 13.33% for the next 5 years
  • Wall Street analysts issued 3 strong buy and 1 hold recommendation on the stock


Monday, October 24, 2016

International Game Technology - Chart of the Day

International Game Technology (IGT) is the Barchart Chart of the Day.  The gaming company has a Trend Spotter buy signal, a Weighted Alpha of 95.50+ and gained 72.8% in the last year.

The Chart of the Day belongs to International Gaming Technology (IGT).  I found the gaming stock by using Barchart to sort the Russell 3000 Index stocks first for the most frequent number of new highs in the last month, then again of technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 7/11 the stock gained 48.80%.

International Game Technology PLC is a gaming company. The Company is engaged in design, development, manufacture and marketing of casino-style gaming equipment, systems technology, and game content. Its business segment consists of North America and International. The company operates primarily in the United Kingdom; Rome, Italy; Las Vegas, Nevada, and Providence, Rhode Island. International Game Technology PLC is headquartered in Las Vegas, Nevada.



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
  • 17 new highs and up 14.95% in the last month
  • Relative Strength Index 77.81%
  • Technical support level at 27.94
  • Recently traded at 28.45 with a 50 day moving average of 24.53
Fundamental factors:
  • Market Cap $5.72 billion
  • P/E 13.58
  • Dividend yield 2.82%
  • Revenue expected to grow 9.10% this year and another .10% next year
  • Earnings estimated to increase 1.60% this year, an additional 11.10% next year and continue to increase at an annual rate of 10.0% for the next 5 years
  • Wall Street analysts issued 5 strong buy and 1 hold recommendations on the stock