Thursday, August 17, 2017

Health Insurance Innovations - Chart of the Day

Health Insurance Innovations (HIIQ) is the Barchart Chart of the Day.  The health insurance company has a Trend Spotter buy signal, a Weighted Alpha of 341.00+ and gained 538.73% in the last year.

The Chart of the Day belongs to Health Insurance Innovations (HIIQ).  I found the health insurance stock by using Barchart to sort Today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 5/4 the stock gained 71.07%.

Health Insurance Innovations, Inc. operates as a developer and administrator of web-based individual health insurance plans and ancillary products. Its product portfolio consists of short-term medical plans, accident, sickness & hospital medical plans, ancillary insurance, life insurance, lifestyle and discount services. Health Insurance Innovations, Inc. is based in Tampa, Florida.



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
  • 12 new highs and up 33.46% in the last month
  • Relative Strength Index 77.39%
  • Technical support level at 33.78
  • Recently traded at 34.30 with a 50 day moving average of 26.28
Fundamental factors:
  • Market Cap $432 million
  • P/E 22.73
  • Revenue expected to grow 24.90% this year and another 15.4% next year
  • Earnings estimated to increase 36.60% his year, an additional 19.60% next year and continue to compound at an annual rate of 1038% for the next 5 years
  • Wall Street analysts issued 5 strong buy and 1 hold recommendation on the stock


Autohome - Chart of the Day

Autohome (ATHM) is the Barchart Chart of the Day.  The Chinese automobile internet nformation company has a Trend Spotter buy signal, a Weighted Alpha of 174.00+ and gained 147.37% in the last year.


The Chart of the Day is Autohome (ATHM).  I found the Chinese automobile Internet stock by using Barchart to sort today's All Time High list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 7/20 the stock gained 36.44%.

Autohome Inc. offers an online destination for automobile consumers primarily in the People's Republic of China. The company through its Websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. It also offers advertising services; dealer subscription services; used automobile listings services; automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers. Autohome Inc. is based in Beijing, China.


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 ts 20, 50 and 100 day moving averages
  • 10 new highs and up 36.82% in the last month
  • Relative Strength Index 88.27%
  • Technical support level at 63.28
  • Recently traded at 64.96 with a 50 day moving average of 48.22
Fundamental factors:
  • Market Cap $7.49 billion
  • P/E 33.52
  • Revenue expected to grow 5.40% this year and another 4.10% next year
  • Earnings estimated to increase 13.30% this year, an additional 6.20% next year and continue to compound at an annual rate of 10.00% for the next 5 years
  • Wall Street analysts issued 1 strong buy and 2 hold recommendations  on the stock

Wednesday, August 16, 2017

Weight Watchers - Chart of the Day

Weight Watchers International (WTW) is the Barchart Chart of the Day.  The weight control company has a Trend Spotter buy signal, a Weighted Alpha of 331.88+ and gained 318.98% in the last year.

The Chart of the Day belongs to Weight Watchers International (WTW).  I found the weight control 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 8/7 the stock gained 9.83%.

Weight Watchers International, Inc. is the largest provider of weight control programs in the world. The core of their business is weekly meetings, in which they present their scientifically designed program, incorporating group support and education about healthy eating patterns, behavior modification and physical activity.


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
  • 12 new highs and up 32.71% in the last month
  • Relative Strength Index 73.09%
  • Technical support level at 48.06
  • Recently traded at 47.41 with a 50 day moving average of 35.61
Fundamental factors:
  • Market Cap $3.11 billion
  • P/E 35.06
  • Revenue expected to grow 11.30% this year and another 6.50% next year
  • Earnings estimated to increase 41.70% this year, an additional 22.60% next year and continue to compound at an annual rate of 15.60% for the next 5 years
  • Wall Street analysts issued 1 buy and 1 hold recommendation on the stock

Tuesday, August 15, 2017

CryoPort - Chart of the Day

CryoPort (CYRX) is the Barchart Chart of the Day.  The specialty shipping company has a Trend Spotter buy signal, a Weighted Alpha of 430.32+ and gained 279.50% in the last year.

The Chart of the Day belongs to CryoPort (CYRX).  I found the specialty shipping stock by using Barchart to sort today's Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 5/10 the stock gained 174.75%.

CryoPort, Inc. operates as a provider of shipping solutions comprising cold chain frozen shipping system for transporting biological, environmental and other temperature sensitive materials at temperatures below minus 150' Celsius. Its products include CryoPort Express Shippers, cryogenic dry vapor shippers capable of maintaining cryogenic temperatures; biological material holders for the shipment of infectious or dangerous goods; CryoPort Express System to programmatically manage order entry and various aspects of shipping operations; and CryoPort Express Analytics, to monitor shipment performance metrics and to evaluate temperature-monitoring data collected by the data logger during shipment. The Company's products find their application in the transportation of live cell pharmaceutical products, such as cancer vaccines, diagnostic materials, semen and embryos, and infectious substances. CryoPort, Inc. is based in Lake Forest, 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
  • 8 new highs and up 32.92% in the last month
  • Relative Strength Index 76.14%
  • Technical support level at 7.14
  • Recently traded at 7.59 with a 50 day moving average of 5.52
Fundamental factors:
  • Market Cap $182 million
  • Revenue expected to grow 94.90% next year
  • Wall Street analysts issued 2 strong buy and 1 buy recommendation on the stock

5 Mid Cap Picks

Today I wanted to find 5 Mid Cap Stocks with current momentum, so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signal s of 80% or more.  Today's Watch List includes:

Take-Two International (TTWO), Cognex (CGNX), IPG Photonics (IPGP), Aaron's (AAN), and NVR Inc. (NVR)

Take-Two International (TTWO)


Barchart technical indicators:

  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 18.79% in the last month
  • Relative Strength Index 69.48%
  • Technical support level at 90.93
  • Recently traded at 90.55 with a 50 day moving average of 78.50
Cognex (CGNX)


Barchart technical  indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 16.43% in the last month
  • Relative Strength Index 65.72%
  • Technical support level at 103.08
  • Recently traded at 104.17 with a 50 day moving average of 93.51


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 8.52% in the last month
  • Relative Strength Index 68.43%
  • Technical support level at 165.60
  • Recently traded at 168.74 with a 50 day moving average of 151.47
Aaron's (AAN)


Barchart technical indicators:
  • 80% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 6 new highs and up 19.89% in the last month
  • Relative Strength Index 63.27%
  • Technical support level at 45.24
  • Recently traded at 45.19 with a 50 day moving average of 40.78
NVR Inc (NVR)


Barchart technical indicators:
  • 96% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 9 new highs and up 8.16% in the last month
  • Relative Strength Index 64.19%
  • Technical support level at 2713.63
  • Recently traded at 2735.00 with a 50 day moving averages of 2533.32

Morning Call 8/15

Barchart Morning Call

OVERNIGHT MARKETS AND NEWS
Sep E-mini S&Ps (ESU17 +0.26%) this morning are up +0.20% and European stocks are up +0.40% as tensions between the U.S. and North Korea wane, which is fueling gains in global equity markets. The VIX volatility index fell for a third day and Dec COMEX gold prices (GCZ17 -0.81%) declined -0.81% on reduced safe-haven demand after a North Korean media report signaled that North Korean President Kim Jong Un had decided not to launch missiles toward Guam. Gains in European stocks were contained after German Q2 GDP expanded at a slower than expected pace, while weakness in energy stocks limited the upside in U.S. markets as Sep WTI crude oil (CLU17 -0.46%) slid -0.38% to a 3-week low. GBP/USD fell -0.69% to a 1-month low on weaker-than-expected UK Jul CPI, which may keep the BOE from tapering its QE program. Asian stocks settled mostly higher: Japan +1.11%, Hong Kong -0.28%, China +0.43%, Taiwan +0.84%, Australia +0.47%, Singapore -0.42%, South Korea and India closed for holiday. Chinese stocks also found support on stronger-than-expected China Jul aggregate financing, the broadest measure of credit, and Japanese exporters led gains in the Nikkei Stock Index as USD/JPY rose for a second day.
The dollar index (DXY00 +0.36%) is up +0.34%. EUR/USD (^EURUSD) is down -0.21%. USD/JPY (^USDJPY) is up +0.71%.
Sep 10-year T-note prices (ZNU17 -0.22%) are down -9 ticks.
German Q2 GDP rose +0.6% q/q, weaker than expectations of +0.7% q/q.
UK Jul CPI of -0.1% m/m and +2.6% y/y was weaker than expectations of unch m/m and +2.7% y/y. Jul core CPI rose +2.4% y/y, weaker than expectations of +2.5% y/y.
China Jul new yuan loans rose 825.5 billion yuan, stronger than expectations of +800.0 billion yuan. Jul aggregate financing increased by 1.22 trillion yuan, stronger than expectations of 1.00 trillion yuan.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) Jul import price index (expected +0.1% m/m, Jun -0.2% and +0.1% ex-petroleum), Jul export price index (expected +0.2% m/m, Jun -0.2% m/m and +0.6% y/y), (2) Aug Empire manufacturing survey general business conditions (expected +0.2 to 10.0, Jul -10.0 to 9.8), (3) Jul retail sales (expected +0.3% and +0.4% ex autos, Jun -0.2% and -0.2% ex autos), (4) Aug NAHB housing market index (expected unch at 64, Jul -2 to 64), (5) Jun business inventories (expected +0.4%, May +0.3%).
Notable Russell 1000 earnings reports today include: Advance Auto Parts (consensus $1.65), Coach $0.50, TJX Cos $0.84, Home Depot $2.21, Dick's Sporting Goods $1.00, Brighthouse Financial $2.43, Agilent Technologies $0.52, Urban Outfitters $0.37, Jack Henry & Associates $0.83.
U.S. IPO's scheduled to price today: Capitol Investment Co.
Equity conferences this week: D. A. Davidson & Co Technology Forum on Tue, Nomura Holdings Inc Instinet Media Telecom Conference on Tue, Citi Insurance & Asset Managers Forum on Wed, Barclays Kohler Conference on Wed, Wedbush Pacgrow Health Care Conference on Wed.
OVERNIGHT U.S. STOCK MOVERS
Home Depot (HD -0.40%) rose nearly 2% in pre-market trading after it reported Q2 EPS of $2.25, better than consensus of $2.21, and then raised guidance on full-year EPS to $7.29 from a prior view of $7.15.
American Eagle Outfitters (AEO -2.32%) was upgraded to 'Buy' from 'Market Perform' at FBR Capital Markets with a 12-month target price of $13.
NetApp (NTAP +1.30%) was upgraded to 'Buy' from 'Neutral' at Longbow Research with a 12-month target price of $50.
Wynn Resorts Ltd (WYNN +2.03%) was upgraded to 'Buy' from 'Hold' at Deutsche Bank.
Targa Resources (TRGP -1.31%) was upgraded to 'Buy' from 'Neutral' at Guggenheim Securities with a 12-month target price of $50.
Synchrony Financial (SYF +1.51%) climbed nearly 5% in after-hours trading after Berkshire Hathaway reported that it increased its stake in SYF to $520 million in Q2.
FibroGen (FGEN +5.76%) lost over 2% in after-hours trading after it announced that it intends to offer and sell up to $300 million of its common stock in an underwritten follow-on offering.
Allscripts Healthcare Solutions (MDRX +0.47%) gained 1% in after-hours trading after it was upgraded to 'Overweight' from 'Neutral' at Cantor Fitzgerald with a price target of $17.
Omeros (OMER +4.95%) dropped nearly 5% in after-hours trading after it filed to sell 3 million shares of its common stock in a secondary public offering.
Pandora Media (P -0.12%) rose 4% in after-hours trading after it named Sling TV CEO Roger Lynch as CEO and board member effective September 18.
Extreme Networks (EXTR +8.00%) jumped 10% in after-hours trading after it reported Q4 adjusted EPS of 17 cents, above consensus of 15 cents.
Photronics (PLAB +3.68%) plunged 16% in after-hours trading after it reported Q3 revenue of $111.6 million, below consensus of $115.2 million, and then said it sees Q4 revenue of $108 million-$116 million, weaker than expectations of $124.2 million.
MARKET COMMENTS
Sep S&P 500 E-mini stock futures (ESU17 +0.26%) this morning are up +5.00 points (+0.20%). Monday's closes: S&P 500 +1.00, Dow Jones +0.62%, Nasdaq +1.31%. The S&P 500 on Monday closed sharply higher on reduced market volatility after the VIX volatility index plunged when North Korean geopolitical risks subsided. Another supportive factor was signs of strength in the Japanese economy that benefits global growth after Japan Q2 GDP rose +4.0% (q/q annualized), stronger than expectations of +2.5% (q/q annualized) and the fastest pace of growth in over 2-years. A bearish factor was weakness in energy producers after crude oil prices fell -2.52%.
Sep 10-year T-note prices (ZNU17 -0.22%) this morning are down -9 ticks. Monday's closes: TYU7 -8.50, FVU7 -4.75. Sep 10-year T-notes on Monday closed lower on reduced safe-haven demand for T-notes as the stock market rallied sharply after North Korean tensions eased, and on signs of stronger global economic growth that may prompt the Fed to raise interest rates and the BOJ to taper QE after Japan Q2 GDP expanded at a +4.0% (q/q annualized) pace, the fastest pace of growth in over 2-years.
The dollar index (DXY00 +0.36%) this morning is up +0.318 (+0.34%). EUR/USD (^EURUSD) is down -0.0025 (-0.21%) and USD/JPY (^USDJPY) is up +0.78 (+0.71%). Monday's closes: Dollar Index +0.342 (+0.37%), EUR/USD -0.0041 (-0.35%), USD/JPY +0.44 (+0.40%). The dollar index on Monday closed higher due to weakness in EUR/USD after Eurozone Jun industrial production fell -0.6% m/m, the biggest decline in 6 months, and on the increase in 10-year T-note yields, which improves the dollar's interest rate differentials.
Sep crude oil (CLU17 -0.46%) this morning is down -18 cents (-0.38%) at a 3-week low. Sep gasoline (RBU17 -0.15%) is unch. Monday's closes: Sep WTI crude -1.23 (-2.52%), Sep gasoline -0.0363 (-2.25%). Sep crude oil and gasoline on Monday fell to 2-1/2 week lows and closed lower due to a stronger dollar, and slack Chinese crude demand after China Jul crude processing fell -4.4% to 10.76 million bpd, the smallest amount of crude processed in 10-months. Another bearish factor was negative carry-over from Friday's data from Baker Hughes that showed U.S. active oil rigs in the week ended Aug 11 rose +3 to 768, the most in 2-1/3 years.
GLOBAL EVENT CALENDAR08/15/2017
Tuesday, Aug 15
US0830 ETJul import price index expected +0.1% m/m, Jun -0.2% and +0.1% ex-petroleum. Jul export price index expected +0.2% m/m, Jun -0.2% m/m and +0.6% y/y.
0830 ETAug Empire manufacturing survey general business conditions expected +0.2 to 10.0, Jul -10.0 to 9.8.
0830 ETJul retail sales expected +0.3% and +0.4% ex autos, Jun -0.2% and -0.2% ex autos.
1000 ETAug NAHB housing market index expected unch at 64, Jul -2 to 64.
1000 ETJun business inventories expected +0.4%, May +0.3%.
Wednesday, Aug 16
US0700 ETWeekly MBA mortgage applications, previous +3.0% with purchase sub-index +0.8% and refi sub-index +5.3%.
0830 ETJul housing starts expected +0.4% to 1.220 million, Jun +8.3% to 1.215 million. Jul building permits expected -2.0%to 1.250 million, Jun +9.2% to 1.275 million.
1030 ETEIA Weekly Petroleum Status Report.
1400 ETMinutes of the Jul 25-26 FOMC meeting.
U.S. STOCK CALENDAR08/15/2017

CompanyTickerTimeEvent DescriptionPeriodEstimate
Advance Auto Parts IncAAP USBef-mktQ2 2017 Earnings ReleaseQ2 171.65
Coach IncCOH USBef-mktQ4 2017 Earnings ReleaseQ4 170.495
TJX Cos Inc/TheTJX USBef-mktQ2 2018 Earnings ReleaseQ2 180.84
Home Depot Inc/TheHD US6:00Q2 2018 Earnings ReleaseQ2 182.214
Dick's Sporting Goods IncDKS US7:30Q2 2018 Earnings ReleaseQ2 180.998
Advance Auto Parts IncAAP US8:00Q2 2017 Earnings CallQ2 17
Coach IncCOH US8:30Q4 2017 Earnings CallQ4 17
Home Depot Inc/TheHD US9:00Q2 2018 Earnings CallQ2 18
Dick's Sporting Goods IncDKS US10:00Q2 2018 Earnings CallQ2 18
TJX Cos Inc/TheTJX US11:00Q2 2018 Earnings CallQ2 18
Brighthouse Financial IncBHF USQ2 2017 Earnings ReleaseQ2 172.432
Equifax IncEFX USInvestor Meeting - Los Angeles
Equifax IncEFX USInvestor Meeting - Denver
Agilent Technologies IncA US16:00Q3 2017 Earnings ReleaseQ3 170.522
Urban Outfitters IncURBN US16:05Q2 2018 Earnings ReleaseQ2 180.367
Jack Henry & Associates IncJKHY US16:15Q4 2017 Earnings ReleaseQ4 170.83
Agilent Technologies IncA US16:30Q3 2017 Earnings CallQ3 17
Urban Outfitters IncURBN US17:00Q2 2018 Earnings CallQ2 18

Monday, August 14, 2017

Sanderson Farms - Chart of the Day

Sanderson Farms (SAFM) is the Barchart Chart of the Day.  The vertically integrated  poultry company has a Trend Spotter buy signal, a Weighted Alpha of 66.24+ and gained 58.47% in the last year.

The Chart of the Day belongs to Sanderson Farms (SAFM).  I found the vertically integrated poultry stock by using Barchart to sort today's All Time High list first by the mots frequent number of new highs in the last month then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 7/26 the stock gained 124.45%.

Sanderson Farms Inc. is a fully-integrated poultry processing company engaged in the production, processing, marketing and distribution of fresh and frozen chicken products. The company sells ice pack, chill pack and frozen chicken, in whole, cut-up and boneless form, primarily under the Sanderson Farms7 brand name to retailers, distributors, and fast food operators principally in the southeastern, southwestern and western United States.


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 22.01% in the last month
  • Relative Strength Index 80.99%
  • Technical support level at 138.86
  • Recently traded at 142.29 with a 50 day moving average of 124.45
Fundamental factors:
  • Market Cap $3.19 billion
  • P/E 14.16
  • Dividend yield .70%
  • Revenue expected to grow 15.90% this year and another 4.70% next year
  • Earnings estimated to increase 30.70% this year and continue to compound at an annual rate of 10.05 for the next 5 years
  • Wall Street analysts issued 3 strong buy, 2 hold and 1 sell recommendation on the stock