Konzhong and Keegan Resources sell signals

I deleted Kongzhong (KONG) and Keegan Resources (KGN) from the Barchart Van Meerten Speculative portfolio for negative price momentum:

Kongzhong (KONG)

Barchart technical indicators:

• 56% Barchart technical sell signal
• Trend spotter sell signal
• Below its 20, 50 and 100 day moving averages
• Lost 14.85% in the last month
• 15.16% off its 1 year high
• Relative Strength Index 30.15%
• Recently traded at 6.94 which is below its 50 day moving average of 7.84

Keegan Resources (KGN)

Barchart technical indicators:

• 64% Barchart technical sell signal
• Below its 20, 50 and 100 day moving averages
• Lost 15.12% in the last month
• 69.64% off its 1 year high
• Relative Strength Index 44.98%
• Recently traded at 2.92 which is below its 50 day moving average of 3.06

Xcel Energy sell signal

I have deleted Xcel Energy (XEL) from the Barchart Van Meerten New High portfolio for poor price momentum:

Barchart technical indicators:

• 16% Barchart technical sell signal
• Below its 20 and 50 day moving averages
• Lost 4.78% in the last month
• Relative Strength Index 41.45%
• Recently traded at 28.49 which is below its 50 day moving average of 28.72

5 Stocks Hitting New Highs

Today I used Barchart to screen the New High list of the stocks hitting the most new highs in the last month and found General Finance (GFN), Hanmi Financial (HAFC), Geoeye (GEOY), American Capital (ACAS) and Valassis Communications (VCI).  They all hit 16 - 18 new highs in the last month and remember there are usually only 20 trading days in a month.

General Finance (GFN)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 17.91% in the last month
• Relative Strength Index 85.46%
• Barchart computes a technical support level at 3.52
• Recently traded at 3.95 with a 50 day moving average of 3.29

Hanmi Financial (HAFC)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 22.78% in the last month
• Relative Strength Index 83.79%
• Barchart computes a technical support level at 12.75
• Recently traded at 13.15 with a 50 day moving average of 10.82

Geoeye (GEOY)

Barchart technical indicators:

• 72% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 17 new highs and up 81.69% in the last month
• Relative Strength Index 81.00%
• Barchart computes  a technical support level at 27.11
• Recently traded at 27.58 with a 50 day moving average of 19.98

American Capital (ACAS)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 12.96% in the last month
• Relative Strength Index 81.25%
• Barchart computes a technical support level at 11.04
• Recently traded at 11.16 with a 50 day moving average of 10.01

Valassis Communications (VCI)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 18.76% in the last month
• Relative Strength Index 77.06%
• Barchart computes a technical support level at 24.33
• Recently traded at 24.88 with a 50 day moving average of 21.49

Illinois Tool Works ITW - Buy Signals

Today I added Illinois Tool Works (ITW) to the Barchart Van Meerten New High portfolio

Barchart technical indicators:

• 88% Barchart technical buy  signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 18.28% in the last month
• Relative Strength Index 73.70%
• Barchart computes a technical support level at 56.60
• Recently traded at 59.69 with a 50 day moving average of 53.92

3 NASDAQ 100 Stocks

Today I used Barchart to screen the NASDAQ 100 Index stocks to find the 3 with the most favorable technical indicators and charts and found Verisign (VRSN), Paychex (PAYX) and Oracle (ORCL)

Verisign (VRSN)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 10.43% in the last month
• Relative Strength Index 69.19%
• Barchart computes a technical support level at 47.31
• Recently traded at 47.76 with a 50 day moving average of 43.75

Paychex (PAYX)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 2 new highs and up 3.90% in the last month
• Relative Strength Index 60.98%
• Barchart computes a technical support level at 32.72
• Recently traded at 33.28 with a 50 day moving average of 32.10

Oracle (ORCL)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 8.50% in the last month
• Relative Strength Index 66.78%
• Barchart computes a technical support support level at 31.26
• Recently traded at 32.03 with a 50 day moving average of 29.39

Performance of Van Meerten New High Portfolio

Re: Hi Van....what has been your success using Barchart to find favorable stocks. I presume you have been buying some of the recommendations and wonder just how good the TA charts buy recs have been. I'm not sure that I want to own more stocks at this phase in the market. This for your posts. George -- slowbutsure

If you're interested in using Barchart and TA I use many of these recommendations in my Marketocracy New High portfolio. Last year I beat out all but 38 Marketocracy players out of about 100,000. Through the 5 year period ending 8/1/2012, I was #77. I also beat out all but 13 of the publicly traded mutual funds MorningStar follows If your interested here are the links to the sites that documented my returns

By the way today through August 1,2012 my Annual Rate of Return was 7.99% which included a 2% charge for fees. That compares to Warren Buffett at Berkshire Hathaway (BRK.A) who had a 2.69% return after fees

http://marketocracy.com/mds/top-ranked-funds

http://marketocracy.com/mds/marketocracy-masters

Barchart's Morning Call 8/13

Barchart Morning Call

BC - Thu Aug 16, 7:00AM CDT

Overnight Developments

• Sep E-mini S&Ps this morning are up +0.14% and the Euro Stoxx 50 is down -0.08%. U.S. stocks are higher led by a 5.6% rally in Cisco Systems after the company late yesterday reported Q4 EPS of 47 cents, higher than estimates of 46 cents, and increased its quarterly dividend by 75% to 14 cents a share. Commodity prices are lower with Sep crude down -0.06% and Sep copper down -0.07%, while the grain markets are mixed with Dec corn up +0.22% and Nov soybeans down -0.14%. The dollar index this morning is up +0.10% at a 1-1/2 week high with EUR/USD down -0.07% and USD/JPY up +0.33% at a 1-month high. Sep T-notes are down -3 ticks at a 3-month low on reduced expectations for additional Fed stimulus.
• Asian stocks today closed mixed: Japan +1.88%, Hong Kong -0.45%, China -0.51%, Taiwan +0.30%, Australia +1.14%, Singapore +0.03%, South Korea -0.01%, and India -0.40%.
• Spain's 10-year bond yield fell 6 bp to a 1-month low of 6.55% after a person familiar with the matter said Spain is about to get an emergency disbursement from a 100 billion-euro bailout package.
• U.K. July retail sales with auto fuel unexpectedly rose +0.3% m/m and +2.8% y/y, better than expectations of -0.1% m/m and +1.4% y/y.
• Euro-Zone July CPI fell -0.5% m/m and rose +2.4% y/y, right on expectations.
• Dallas Fed President Fisher said late Wednesday that he doesn't see a "high likelihood" of a recession next year and that he doesn't believe "any amount of monetary stimulus is going to deal with this uncertainty and inability of companies to budget, to plan" due to the lack of clarity in fiscal policy.
• China July foreign direct investment fell -8.7% y/y to $7.58 billion, its lowest level in 2 years, which fuels concern that a slowdown in confidence in China's growth prospects may restrain any economic rebound.
• The South Korean July unemployment rate unexpectedly dipped -0.1 to 3.1%, better than expectations of a +0.1 increase to 3.3% and its lowest level in 7 months.
  Market Comments
  • Sep E-mini S&Ps this morning are up +2.00 points (+0.14%) and the Euro Stoxx 50 is down -0.08%. The stock market on Wednesday fluctuated between gains and losses and finally settled mixed as strength in U.S. July industrial production and the Aug NAHB housing market index offset weakness in the Aug Empire manufacturing index and an increase in Q2 China non-performing loans: S&P 500 +0.11%, Dow Jones -0.06%, Nasdaq 100 +0.28%. Tame inflation was another positive for stocks as the smaller-than-expected +1.4% y/y increase in July CPI was its smallest annual gain in 20 months.
  • Sep 10-year T-notes this morning are down -3 ticks at a fresh 3-month low on reduced expectations of additional Fed stimulus. T-note prices on Wednesday fell for the third straight session as stronger-than-expected U.S. economic data on industrial production and housing signaled improvement in the economy that dampened speculation the Fed will need to provide additional monetary stimulus: TYU2 -18.0, FVU2 -7.2. The 10-year T-note yield jumped to a 3-month high of 1.811%.
  • The dollar index this morning is up +0.10%. EUR/USD is down -0.07% and USD/JPY is up +0.33% at a 1-month high. The dollar index on Wednesday closed higher as strong U.S. economic data on industrial production and housing dampened speculation the Fed will need to increase dollar negative stimulus measures to support the economy: Dollar index +0.162 (+0.20%), EUR/USD -0.08%, USD/JPY +0.54%. USD/JPY posted a 4-week high as an increase in the U.S. 10-year T-note yield to a 3-month high boosted the dollar's interest rate differentials versus the yen.
  • Sep WTI crude oil prices this morning are down 6 cents a barrel (-0.06%) and Sep gasoline is -0.0073 of a cent per gallon (-0.24%). Crude oil and gasoline prices on Wednesday closed higher after DOE weekly crude oil supplies fell a more than expected -3.70 million barrels a day to a 4-month low of 366.2 million barrels, while U.S. petroleum consumption for the week ended Aug 10 jumped 5.7% to a 9-month high of 20.03 million barrels a day: CLU2 +0.90 (+0.96%), RBU2 +0.0826 (+2.75%).
  • For the complete subscription version of this daily report (plus a 13-page big-picture weekly report), along with the earliest possible delivery in the morning, please visit http://www.barchart.com/register/crbfms_usmc.php
    Today's U.S. Earnings Reports Earnings reports (ranked by market cap): WMT-Wal-Mart (Consensus $1.17), GPS-The Gap (0.48), ROST-Ross Stores (0.81), DLTR-Dollar Tree (0.47), PRGO-Perrigo (1.27), AVGO-Avago Technologies Ltd. (0.66), MRVL-Marvell Technology Group Ltd. (0.27), SHLD-Sears Holdings (-0.86), BRCD-Brocade Communication Systems (0.12), GME-GameStop (0.15), BKE-The Buckle (0.49), ARO-Aeropostale (0.01), PLCE-Children's Place Retail Stores (-0.66), SFUN-SouFun Holdings Ltd. (0.41), DRYS-DryShips (0.05).
    Global Financial Calendar
    

    Thursday 8/16/12
    United States
    0830 ET	Weekly initial unemployment claims expected +4,000 to 365,000, previous -6,000 to 361,000. Weekly continuing claims expected -27,000 to 3.305 million, previous +53,000 to 3.332 million .
    0830 ET	July housing starts expected -0.4% to 757,000, June +6.9% to 760,000. July building permits expected +1.3% to 770,000, June -3.1% to 760,000.
    0830 ET	USDA weekly exports.
    1000 ET	Aug Philadelphia Fed manufacturing index expected +7.9 to -5.0, July +3.7 to -12.9.
    1030 ET	DOE natural gas storage.
    1100 ET	Treasury announces amount of 5-year TIPS (previous $16 billion) to be auctioned Aug 23.
    1630 ET	Weekly money supply report and Fed balance sheet.
    Japan
    0000 ET	Tokyo July condo sales, June +16.4% y/y.
    United Kingdom
    0430 ET	UK July retail sales with auto fuel expected -0.1% m/m and +1,4% y/y, June +0.1% m/m and +1.6% y/y. July retail sales ex-auto fuel expected -0.2% m/m and +2/0% y/y, June +0.3% m/m and +2.2% y/y.
    Euro-Zone
    0500 ET	Eurozone July CPI expected -0.5% m/m and +2.4% y/y, June -0.1% m/m. July core CPI expected +1.7% y/y, June +1.6% y/y.
    CHI
    2130 ET	China July industrial profits, June -2.2% y/y.

    Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

Constellation Brands - STZ - Barchart's Chart of the Day

Barchart.coms Chart of the Day - Constellation Brands (STZ)

Barchart Research Team - BC - Wed Aug 15, 6:39PM CDT

Related Stocks

STZ - Constellation Brands Inc

Sym	Last	Chg	Pct
STZ	31.73	+0.08	+0.25%

The "Chart of the Day" is Constellation Brands Inc. (STZ), which showed up on Wednesday's Barchart "All-Time High" list. Constellation on Wednessday posted an all-time high at $32.25 and closed up +3.16%. TrendSpotter has been long Constellation since June 26 at $22.19. In recent news on the stock, Stifel Nicolaus Wednesday raised its price target for Constellation Brands to $36 from $32 and kept its buy rating on the stock after Beer Marketer’s Insights reported the company's Crown business is taking a 3% price increase in Florida. Constellation Wednesday said it plans to use proceeds from a debt offering, coupled with available cash and borrowings under a senior credit facility, to fund its Crown Imports LLC transaction. Constellation agreed in June to buy partner Grupo Modelo's 50 percent stake in Crown Imports for $1.85 billion. Constellation, with a market cap of $5.275 billion, is a leading international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. The Company is the largest multi-category supplier of beverage alcohol in the United States; a leading producer and exporter of wine from Australia and New Zealand; and both a major producer and independent drinks wholesaler in the United Kingdom. Well-known brands in Constellation's portfolio include: Corona Extra, Pacifico, St. Pauli Girl, Black Velvet, and Fleischmann's.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All-Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All-Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new all-time high is typically showing strong upside momentum.
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.

• TrendSpotter: Buy
• Short-Term Indicators: 100% Buy
• Medium-Term Indicators: 100% Buy
• Long-Term Indicators: 67% Buy
• Overall Average 96% Buy

---

Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual

---

Chart of the Day Archive
View Past Chart of the Day Reports

3 Small Caps on the Move Up

Today I used Barchart to screen the S & P Small Cap 600 Index stocks to find 3 with favorable technicals and charts and found Teletech Holdings (TTEC), Time Warner Cable (TWC) and Cambrex Corp (CBM).

Teletech Holdings (TTEC)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 5.13% in the last month
• Relative strength Index 64.67%
• Barchart computes a technical support level at 15.89
• Recently traded at 17.00 with a 50 day moving average of 15.90

Time Warner Cable (TWC)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 9 new highs and up 7.28% in the last month
• Relative Strength Index 68.24%
• Barchart computes a technical support level at 89.12
• Recently traded at 89.55 with a 50 day moving average of 82.79

Cambrex Corp (CBM)

Barchart technical indicators:

• 100% Brahcart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 8 new highs and up 30.74% in the last month
• Relative Strength Index 80.27%
• Barchart computes a technical support level at 11.18
• Recently traded at 12.54 with a 50 day moving average of 9.31

Barchart's Morning Call 8/15

Barchart Morning Call

BC - Wed Aug 15, 7:00AM CDT

Overnight Developments

• Sep E-mini S&Ps this morning are down -0.20% and the Euro Stoxx 50 is down -0.30% on speculation the U.S. economy is growing enough for the Fed to avoid further stimulus measures. Commodity prices are mostly lower with Sep crude down -0.28% and Sep copper down -0.43%, while the grain markets are higher with Dec corn up +0.57% and Nov soybeans up +1.02%%. The dollar index this morning is stronger with EUR/USD down -0.28% and USD/JPY up +0.25% at a 4-week high. Sep T-notes extended Tuesday's declines as they weakened further by another -4 ticks to a 2-month low on reduced expectations for QE3.
• Asian stocks today closed lower led by a slide in steelmakers and mining companies after a director at Vale SA, the world's biggest ore producer, said China's "golden years" of economic expansion are over: Japan -0.05%, Hong Kong -1.18%, China -1.08%, Taiwan -0.15%, Australia -0.26%, Singapore -0.93%, South Korea and India closed for holiday.
• U.K. July jobless claims unexpectedly fell -5,900, better than expectations of a +6,000 increase as the Olympic Games created jobs. The July ILO unemployment rate also unexpectedly fell -0.1 to 8.0%, the lowest in a year.
• The minutes of the Aug 1-2 BOE policy meeting showed policy makers voted unanimously, 9-0, to keep their bond-purchase target unchanged and that they will assess the need for "other measures" in light of the impact of their new credit-boosting program.
• European Economic and Monetary Affairs Commissioner Rehn said Spain's government is considering a request for a sovereign bailout and that "the Spanish government has an open mind on the issue, but no decision has yet been made."
• The director of investor relations for Vale SA, the world's biggest ore producer, said China's "golden years are gone and we are not going to see the spectacular growth rates of 10% to 12% per year."
  Market Comments
  • Sep E-mini S&Ps this morning are down -2.75 points (-0.20%) and the Euro Stoxx 50 is off by -0.30% on reduced expectations for additional Fed stimulus measures. The stock market on Tuesday rallied to 3-1/4 month highs on better-than-expected U.S. July retail sales and stronger-than-expected German Q2 GDP but stocks erased their gains and closed mixed: S&P 500 -0.01%, Dow Jones +0.02%, Nasdaq 100 -0.03%. Other bullish factors included the minutes of last month's BOJ policy meeting which showed policy makers weren't ruling out any options to boost growth along with a fall in Greek, Spanish and Italian bond yields after Greece sold more than its maximum target of 3-month debt at auction. Stocks came off of their best levels in the afternoon after policy planning documents obtained by Bloomberg News showed the U.K. is pressing for the ECB to share power with national regulators as it takes over Euro-Zone bank supervision, which may compromise the ECB's reputation and perceived independence.
  • Sep 10-year T-notes this morning are down -4 ticks at a 2-month low. T-note prices on Tuesday closed lower as 10-year T-notes fell to a 1-1/2 month low after stronger-than-expected U.S. July retail sales bolstered stocks and reduced the safe-haven demand for Treasuries: TYU2 -15.5, FVU2 -6.5. Another factor that reduced safe-haven demand for T-notes was Greece's action to sell more than its maximum target of 3-month bills at auction, which eased European debt concerns.
  • The dollar index this morning is higher. EUR/USD is down -0.28% and USD/JPY is up +0.25% at a 4-week high. The dollar index on Tuesday closed higher as strong July U.S. retail sales reduced speculation the Fed will need to increase stimulus measures while the yen slid to a 3-1/2 week low against the dollar after minutes of the BOJ's July meeting signaled policy makers are considering ways to expand stimulus: Dollar index +0.048 (+0.06%), EUR/USD -0.02%, USD/JPY +0.01%. Dollar gains were limited on reduced safe-haven demand after stocks rallied to 3-1/4 month highs.
  • Sep WTI crude oil prices this morning are down 26 cents a barrel (-0.28%) and Sep gasoline is up +0.0087 of a cent per gallon (+0.29%). Crude oil and gasoline prices on Tuesday settled higher as stronger-than-expected U.S. retail sales and Q2 German GDP data bolstered the outlook for economic growth and energy demand: CLU2 +0.48 (+0.52%), RBU2 +0.0107 (+0.36%). Wednesday's weekly DOE inventory report is expected to show crude stockpiles fell -1.75 million bbl, gasoline supplies declined -2.0 million bbl, distillate inventories dropped -400,000 bbl and the refinery utilization rate slid -0.3 to 92.3% of capacity.
  • For the complete subscription version of this daily report (plus a 13-page big-picture weekly report), along with the earliest possible delivery in the morning, please visit http://www.barchart.com/register/crbfms_usmc.php
    Today's U.S. Earnings Reports Earnings reports (ranked by market cap): CSCO-Cisco Systems (Consensus $0.46), TJT-Target (1.02), DE-Deere & Co. (2.32), AMAT-Applied Materials (0.22), VIP-VimpelCom Ltd. (0.23), LTD-Limited Brands (0.48), A-Agilent Technologies (0.83), NTAP-NetApp (0.38), SPLS-Staples (0.22), PETM-PetSmart (0.66), NTES-NetEase (1.11), SINA-SINA Corp. (-0.02), ANF-Abercrombie & Fitch (0.17), CACI-CACI International (1.50), AFCE-AFC Enterprises (0.26).
    Global Financial Calendar
    

    Wednesday 8/15/12
    United States
    0700 ET	Weekly MBA mortgage applications, previous -1.8% with purchase sub-index -1.4% and refi sub-index -1.9%.
    0830 ET	July CPI expected +0.2% m/m and +1.6% y/y, June unch m/m and +1.7% y/y. July core CPI expected +0.2% m/m and +2.2% y/y, June +0.2% m/m and +2.2% y/y.
    0830 ET	Aug Empire manufacturing index expected -0.4 to 7.0, July +5.10 to 7.4.
    0900 ET	Jun net long-term TIC flows expected +$40.0 billion, May +$55.0 billion.
    0915 ET	July industrial production expected +0.5% m/m, June +0.4% m/m. July manufacturing production , June +0.7% m/m. July capacity utilization expected +0.3 to 79.2%, June +0.2 to 78.9%.
    1000 ET	Aug NAHB housing index expected unchanged at 35, July +6 to 35.
    1030 ET	DOE Weekly Petroleum Status Report.
    2000 ET	Minneapolis Fed President Narayana Kocherlakota speaks on the Fed's overview and the role of the board of directors.
    United Kingdom
    0430 ET	Bank of England meeting minutes from the Aug 1-2 policy meeting.
    0430 ET	UK July claimant count rate expected 4.9%, June 4.9%. July jobless claims change expected +6,000, June +6,100. July ILO unemployment rate expected 8.1%, June 8.1%. June employment change expected 165,000 3-mo/3-mo, May 181,000 3-mo/3-mo.
    0430 ET	UK June average weekly earnings expected +1.7% 3mo y/y, May +1.5% 3mo y/y. June weekly earning ex-bonus expected +1.9% 3mo y/y, May +1.8% 3mo y/y.

    Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

Hersey Foods - HSY - Barchart's Chart of the Day

Barchart.coms Chart of the Day - Hershey Foods (HSY)

Barchart Research Team - BC - Tue Aug 14, 6:20PM CDT

Related Stocks

HSY - Hershey Foods Corp.

Sym	Last	Chg	Pct
HSY	72.60	-0.21	-0.29%

The "Chart of the Day" is Hershey Foods (HSY), which showed up on Tuesday's Barchart "All-Time High" list. Hershey on Tuesday posted an all-time high at $73.07 and closed up +0.61%. TrendSpotter has been long Hershey since July 30 at $72.17. In recent news on the stock, Hershey's Board of Directors on Aug 7 announced quarterly dividends of $0.38 on the Common Stock and $0.344 on the Class B Common Stock. The dividends are payable September 14, 2012, to stockholders of record August 24, 2012. It is the 331st consecutive regular dividend on the Common Stock and the 112th consecutive regular dividend on the Class B Common Stock. On July 31, Argus lifted its price target on Hershey to $82 a share from $78 and said it expects the company's growth prospects to improve based on several positive catalysts and it maintained its Buy rating on the stock. Hershey, with a market cap of $16.2 billion, is a leading snack food company and the largest North American manufacturer of quality chocolate and non-chocolate confectionery products. Hershey markets such well-known brands as Hershey's, Reese's, Hershey's Kisses, Kit Kat, Almond Joy, Mounds, York, Jolly Rancher, Twizzlers, and Ice Breakers as well as innovative new products such as Swoops and Hershey's S'mores.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "All-Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All-Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new all-time high is typically showing strong upside momentum.
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.

• TrendSpotter: Buy
• Short-Term Indicators: 100% Buy
• Medium-Term Indicators: 75% Buy
• Long-Term Indicators: 67% Buy
• Overall Average 88% Buy

---

Barchart links for further information:

Quotes and Charts
Quote
Detailed Quote
Chart

Technical Analysis
Technicals Summary
Trader's Cheat Sheet™

Barchart Opinions
Barchart Opinion
Barchart Snapshot
Trading Strategies

Company Info
Company Profile
Key Statistics
Ratios
Income Statement-Quarterly
Income Statement-Annual
Balance Sheet-Current
Balance Sheet-Annual

---

Chart of the Day Archive
View Past Chart of the Day Reports

3 Great Mid-Caps

This morning I used Barchart to screen the S & P Mid Cap 400 index to sort for high technical indicators then used the flipchart feature to find 3 Mid Caps with technical indicators and charts I like and found Packing Corporation of America (PKG), Skyworks Solutions (SWKS) and Regal-Beloit (RBC).

Packing Corpration of America (PKG)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 7 new highs and up 8.34% in the last month
• Relative Strength Index 67.79%
• Barchart computes a technical support level at 30.57
• Recently traded at 31.44 with a 50 day moving average of 29.00

Skyworks Solutions (SWKS)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 9.48% in the last month
• Relative Strength Index 59.74
• Barchart computes a technical support level at 28.71
• Recently traded at 29.42 with a 50 day moving average of 27.48

Regal-Beloit (RBC)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 4.71% in the last month
• Relative Strength Index 63.68%
• Barchart computes a technical support level at 66.78
• Recently traded at 67.93 with a 50 day moving average of 66.78

Barchart Moring Call 8/14

Barchart Morning Call

BC - 2 hrs 16 mins ago

Overnight Developments

• Sep E-mini S&Ps this morning are up +0.18% at a 4-1/4 month high and the Euro Stoxx 50 is up +0.53% after Germany's economy in Q2 expanded at a faster pace than expected. Commodity prices are stronger with Sep crude up +0.30% and Sep copper up +0.39%, while the grain markets are higher with Dec corn up +0.92% and Nov soybeans up +0.66%. The dollar index this morning is lower with EUR/USD up +0.14% and Sep T-notes are down -1.5 ticks.
• Asian stocks today closed higher after minutes of last month's BOJ policy meeting showed policy makers weren't ruling out any options to boost growth: Japan +0.50%, Hong Kong +1.05%, China +0.22%, Taiwan +0.58%, Australia +0.21%, Singapore +0.75%, South Korea +1.35%, India +0.54%.
• German Q2 GDP expanded at a +0.3% q/q and +1.0% y/y pace, stronger than expectations of +0.2% q/q and +0.9% y/y.
• Euro-Zone Q2 GDP fell -0.2% q/q and -0.4% y/y, right on expectations.
• German Aug ZEW economic sentiment unexpectedly fell for a fourth month as it declined -5.9 to -25.5, its weakest pace in 8 months and worse than expectations of a +0.3 increase to -19.3, although the Aug ZEW current situation fell -2.9 to 18.2, a 2-year low but stronger than expectations of -4.1 to 17.5.
• U.K. July CPI rose +0.1 m/m and +2.6% y/y, stronger than expectations of -0.1% m/m and +2.3% y/y, while July core CPI climbed +2.3% y/y, also stronger than expectations of +2.1% y/y.
• Greece sold 4.06 billion euros of 3-month bills, more than its maximum target of 3.125 billion euros.
• Monthly data from the Bank of Spain showed Spanish banks' ECB borrowings surged to a record 375.5 billion euros in July, up +11.4% from June.
• Minutes of the July 11-12 BOJ policy meeting showed some BOJ board members said the central bank should not dismiss any policy options in combating risks to the economy from the European sovereign debt crisis, and that the bank has been "pursuing powerful monetary easing" and would "continue to conduct monetary policy in an appropriate manner."
  Market Comments
  • Sep E-mini S&Ps this morning are up +2.50 points (+0.18%) at a fresh 4-1/4 month high and the Euro Stoxx 50 is up +0.53%. The stock market on Monday traded mostly lower and settled mixed on concerns over the global economy after Japan's Q2 GDP was weaker than expected: S&P 500 -0.13%, Dow Jones -0.29%, Nasdaq 100 +0.21%. Stock losses were limited on speculation global central banks will increase their stimulus measures to support economic growth.
  • Sep 10-year T-notes this morning are down -1.5 ticks. T-note prices on Monday traded slightly lower as a recovery in stocks limited the safe-haven demand for Treasuries: TYU2 -3.5, FVU2 -0.5. Another factor that reduced safe-haven demand for T-notes was Italy's action to sell all the debt it planned at an auction of Treasury bills, which eased European debt concerns.
  • The dollar index this morning is down -0.10%. EUR/USD is up +0.14% and USD/JPY is +0.26%. The yen weakened overnight after minutes of the BOJ's July meeting signaled policy makers are considering ways to expand stimulus. The dollar index on Monday settled lower as the euro recovered its losses and settled little changed after Italy sold the maximum amount of debt offered for sale, which reduced European debt concerns : Dollar index -0.118 (-0.14%), EUR/USD unchanged, USD/JPY unchanged. Dollar losses were limited on an increase in safe-haven demand as stocks fell early along with comments from ECB Council member Coene who said European sovereign bond yields have been rising because financial markets don't trust Spanish and Italian authorities to take the measures necessary to repair their economies.
  • Sep WTI crude oil prices this morning are up 28 cents a barrel (+0.30%) and Sep gasoline is up 0.0069 of a cent a gallon (+0.23%). Crude oil and gasoline prices on Monday closed slightly lower as weaker-than-expected Japan Q2 GDP bolstered concern that global economic growth and energy demand may slow: CLU2 -0.14 (-0.15%), RBU2 -0.0132 (00.44%). Sep gasoline had posted a 3-1/2 month nearest-futures high before erasing its gains and closing lower on supply concerns due to diminished fuel production at Chevron's 240,000 bpd refinery in Richmond, California along with reduced output in the North Sea due to ongoing seasonal maintenance. Another supportive factor for energy prices was the report from the Haaretz daily that Israeli leaders are leaning toward a military strike on Iran over its nuclear program before U.S. elections in November.
  • For the complete subscription version of this daily report (plus a 13-page big-picture weekly report), along with the earliest possible delivery in the morning, please visit http://www.barchart.com/register/crbfms_usmc.php
    Today's U.S. Earnings Reports Earnings reports (ranked by market cap): HD-Home Depot (Consensus $0.97), TJX-TJX Cos. (0.55), EL-Estee Lauder (0.16), KORS-Michael Kors Holdings Ltd. (0.20), DKS-Dick's Sporting Goods (0.64), VAL-Valspar (0.96), TW-Towers Watson & Co. (1.24), JKHY-Jack Henry & Associates (0.46), FLO-Flowers Foods (0.22), JDSU-JDS Uniphase (0.12), NSM-Nationstar Mortgage Holdings (0.34), MYGN-Myriad Genetics (0.34), SKS-Saks (-0.09), NGL-NGL Energy Partners LP (-0.41), BOBE-Bob Evans Farms (0.60).
    Global Financial Calendar
    

    Tuesday 8/14/12
    United States
    0745 ET	ICSC (Int'l Council of Shopping Centers) weekly retailer sales.
    0830 ET	July PPI expected +0.2% m/m and +0.5% y/y, June +0.1% m/m and +0.7% y/y. July core PPI expected +0.2% m/m and +2.3% y/y, June +0.2% m/m and +2.6% y/y.
    0830 ET	July retail sales expected +0.3% m/m, June -0.5% m/m. July retail sales ex-autos expected +0.3% m/m, June was -0.4% m/m. July retail sales ex-autos and gas, June -0.2% m/m.
    0855 ET	Redbook weekly retailer sales.
    1000 ET	June business inventories expected +0.2% m/m, May +0.3% m/m.
    1130 ET	Weekly 4-week T-bill auction.
    1630 ET	API weekly U.S. oil statistics.
    Germany
    0200 ET	German Q2 GDP expected +0.2% q/q and +0.9% y/y, Q1 was +0.5% q/q and +1.7% y/y.
    0500 ET	German Aug ZEW current situation index expected -4.1 to 17.5, July 21.1. Aug ZEW economic sentiment index expected +0.3 to -19.3, July -19.6.
    United Kingdom
    0430 ET	UK June ONS house price expected +1.5% y/y, May +2.3% y/y.
    0430 ET	UK July CPI expected -0.1% m/m and +2.3% y/y, June -0.4% m/m and +2.4% y/y. UK July core CPI expected +2.1% y/y, June +2.1% y/y.
    0430 ET	UK July RPI expected -0.2% m/m and +2.8% y/y, June -0.2% m/m and +2.8% y/y. July RPI ex-mortgage interest payments expected +2.9% y/y, June +2.8% y/y.
    Euro-Zone
    0500 ET	Eurozone Q2 GDP expected -0.2% q/q and -0.4% y/y, Q1 unch q/q and -0.1% y/y.
    0500 ET	Eurozone June industrial production expected -0.7% m/m and -2.1% y/y, May +0.9% m/m and -2.6% y/y.

    Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

3 M - MMM - Barchart Chart of the Day

Barchart.com's Chart of the Day - 3M Company (MMM)

Barchart Research Team - BC - Mon Aug 13, 6:18PM CDT

Related Stocks

MMM - 3M Company

Sym	Last	Chg	Pct
MMM	92.12	-0.28	-0.30%

The "Chart of the Day" is 3M Company (MMM), which showed up on Monday's Barchart "52-Week High" list. 3M on Monday posted a 1-year high at $92.59 and closed up +0.12%. TrendSpotter has been long 3M since July 2 at $89.28. In recent news on the stock, 3M announced late Thursday that it signed an agreement with Healthland to license its 3M coding, grouping, editing and reimbursement software products. Under the agreement, Healthland, a provider of fully integrated solutions to rural community and critical access hospitals, will integrate the 3M solutions with its electronic health record (EHR) system and other applications to provide customers with actionable information that can be used to improve clinical outcomes, obtain appropriate reimbursement, facilitate quality reporting and prepare for ICD-10. 3M Health Information Systems will license the 3M Coding and Reimbursement System, 3M's market-leading coding software and 3M Grouper Plus Content Services. 3M, with a market cap of $63.5 billion, is a diversified technology company with leading positions in consumer and office; display and graphics; electronics and telecommunications; health care; industrial; safety, security and protection services; transportation and other businesses.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-Week High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "52-Week Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new 52-week high is typically showing strong upside momentum.
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.

• TrendSpotter: Buy
• Short-Term Indicators: 80% Buy
• Medium-Term Indicators: 100% Buy
• Long-Term Indicators: 100% Buy
• Overall Average 96% Buy

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Chart of the Day Archive
View Past Chart of the Day Reports

Is it time to buy Wells G=Fargo?

http://www.thestreet.com/story/11662538/1/hitch-your-horses-to-the-wells-fargo-stagecoach.html

3 Large Caps for your Watchlists

I used Barchart to screen the S & P 500 Large Cap Index to find 3 with great technical indicators and found Tesoro Petroleum (TSO), Sysco (SYY) and Scripps Networks Interactive (SNI) near the top of the list.

Tesoro Petroleum

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 10 New highs and up 41.80% in the last month
• Relative Strength Index 89.74%
• Barchart computes a technical support level at 34.57
• Recently traded at 38.74 with a 50 day moving average of 26.61

Sysco (SYY)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 7 new highs and up 3.60% in the last month
• Relative Strength Index 63.24%
• Barchart computes a technical support level at 28.37
• Recently traded at 29.83 with a 50 day moving average of 28.96

Scripps Networks Interactive (SNI)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 11.10% in the last month
• Relative Strength Index 74.71%
• Barchart computes a technical support level at 58.48%
• Recently traded at 61.05 with a 50 day moving average of 55.72

Barchart Morning Call 8/13

Barchart Morning Call

BC - Mon Aug 13, 7:00AM CDT

Overnight Developments

• Sep E-mini S&Ps this morning are up +0.04% and the Euro Stoxx 50 is up +0.36%. Commodity prices are mixed with Sep crude up +0.85% and Sep copper down -0.55%. Energy prices are higher amid concern Middle East tensions may curb supply. The grain markets are weaker with Dec corn down -0.80% as precipitation moves into the central U.S. The dollar index this morning is lower with EUR/USD up +0.55% after Italy sold its maximum target at an auction of Treasury bills. Sep 10-year T-notes are down -4.5 ticks this morning.
• Asian stocks today closed mostly lower as weaker-than-expected Japan Q2 GDP heightened global growth concerns: Japan -0.07%, Hong Kong -0.27%, China -1.99%, Taiwan -0.06%, Australia +0.14%, Singapore +0.35%, South Korea -0.87%, India +0.43%.
• Japan Q2 GDP rose +0.3% q/q and +1.4% q/q annualized, weaker than expectations of +0.6 q/q and +2.3% q/q annualized, while deflation concerns persist after the Q2 GDP deflator fell -1.1% y/y, more than expectations of -0.8% y/y.
• Greek Q2 GDP contracted -6.2% y/y, its ninth straight quarter of contraction, although slightly better than expectations of -7.0% y/y.
• BOE Governor King said in an article in the Mail on Sunday newspaper that Europe's crisis has "no obvious end in sight" and that the U.K. must press on with reforms to the banking industry.
• Italy sold 8 billion euros of 364-day Treasury bills, its maximum target, at 2.767%, up from 2.697% at the last sale of similar-maturity debt last month.
• The Bank of Italy reported that Italian government debt rose 6.6 billion euros in June to a record 1.97 trillion euros.
• Italian Finance Minister Grilli said in the la Republica on Sunday that his country doesn't need to tap Europe's bailout funds and that "the ECB's toolbox, once operative, will substantially reduce tension on bond spreads."
• Israel's Haaretz daily reported late Friday that Israeli leaders are leaning toward a military strike on Iran over its nuclear program before U.S. elections in November despite opposition to such a move by the security establishment.
  Market Comments
  • Sep E-mini S&Ps this morning are up +0.04% and the Euro Stoxx 50 is up +0.36%% on expectations of further central bank stimulus. The stock market on Friday closed slightly higher on optimism the Fed will boost stimulus measures to stimulate growth. Stocks erased early losses tied to global economic concerns after Jun French industrial production and Chinese export growth both weakened more than expected: S&P 500 +0.22%, Dow Jones +0.32%, Nasdaq 100 +0.12%. Stocks weakened early after July China exports rose +1.0% y/y, weaker than expectations of +8.0% y/y and the slowest pace of growth in 6 months. Another negative for stocks was concern the ongoing European debt crisis is undercutting growth after French June industrial production fell -2.3% y/y, weaker than expectations of -1.8% y/y. The main bullish factor for stocks was optimism that global central banks will act to stimulate the economy.
  • Sep 10-year T-notes this morning are down -4.5 ticks. T-note prices on Friday closed higher on increased safe-haven demand after stocks fell early on concern global growth was slowing after China's July exports rose less than expected along with supply relief as U.S. bond dealers lifted their short hedges following the Treasury's $72 billion refunding operation: TYU2 +9, FVU2 +5.2.
  • The dollar index this morning is down -0.21%. EUR/USD is up +0.55% and USD/JPY is +0.04%. The dollar index on Friday closed slightly lower after Fed President Williams suggested it's time to move ahead with QE3: Dollar index -0.85 (-0.10%), EUR/USD -0.00176 (-0.14%), USD/JPY -0.289 (-0.37%). The dollar rallied early last Friday after global stocks fell on weak Chinese export data but dollar gains evaporated after San Francisco Fed President Williams said it was time to move ahead with QE3.
  • Sep WTI crude oil prices this morning are up 79 cents a barrel (+0.85%) and Sep gasoline is up +3.60 cents a gallon (+1.20%). Crude oil and gasoline prices on Friday closed mixed as a slowdown in China's export growth along with the action by the IEA to cut its 2012 and 2013 global demand forecasts bolstered energy demand concerns: CLU2 -0.49 (-0.52%), RBU2 +0.0031 (+0.10%). The IEA cut its 2012 world crude oil consumption estimate by 250,000 barrels a day to 89.6 million barrels a day and cut its 2013 global oil demand forecast to 90.5 million barrels a day, 400,000 barrels less than last month's estimate. Energy demand in China, the world's second-largest consumer of crude, also slowed after its customs data showed July China crude imports were 21.6 MMT, the weakest in 7 months. Gasoline prices were boosted by a continued shutdown of a Chevron refinery in California along with a fire at an Imperial Oil refinery in Ontario. Energy prices also found support from the action of the U.S. Climate Prediction Center to raise its seasonal Atlantic storm forecast for this year to 12 to 17 systems, up from a May forecast of 9 to 15 systems.
  • For the complete subscription version of this daily report (plus a 13-page big-picture weekly report), along with the earliest possible delivery in the morning, please visit http://www.barchart.com/register/crbfms_usmc.php
    Today's U.S. Earnings Reports Earnings reports (ranked by market cap): SYY-Sysco (Consensus $0.54), IOC-Interoil (0.06), GRPN-Groupon (0.03), WX-WuXi PharmaTech Cayman (0.32), BCEI-Bonanza Creek Energy (0.30), BH-Biglari Holdings (5.47), MPO-Midstates Petroleum (0.02).
    Global Financial Calendar
    

    Monday 8/13/12
    United States
    1100 ET	USDA weekly grain export inspections.
    1130 ET	Weekly 3-mo and 6-mo T-bill auctions.
    1600 ET	USDA Crop Progress.
    Germany
    0200 ET	German July wholesale price index, Jun -1.1% m/m and +1.1% y/y
    Japan
    1950 ET	Japan June tertiary industry index expected -0.3%, May +0.7% m/m.
    United Kingdom
    1901 ET	UK July RICS house price balance expected -23%, June -22%.

    Barchart.com provides Financial Quotes, Charts and Technical Analysis for Stock and Commodity Traders.

DYAX sell signlas

This morning I deleted Dyax (DYAX) from the Barchart Van Meerten New High portfolio for negative price momentum over the past month

Barchart technical indicators:

• 24% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20 and 50 day moving average
• Lost 14.81% in the last month
• 20.14% below it s 1 year high
• Relative Strength Index 38.21%
• Recently traded at 2.30 which is below its 50 day moving average of 2.34

AutoZone - AZO - sell signals

This morning I deleted Autozone (AZO) from the Barchart Van Meerten New High portfolio for negative price momentum over the past month.

Barchart technical indicators:

• 100% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• Lost 7.08% in the last month
• 11.31% off its 1 year high
• Relative Strength Index 32.71%
• Recently traded at 354.16 which is below its 50 day moving average of 374.47

American Learning Corp - ALRN - sell signals

This morning I deleted American Learning Corp (ALRN) from the Barchart Van Meerten Speculative portfolio for poor price performance over the past month.

Barchart technical indicators:

• 40% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• Lost 28.86% in the last month
• 53.30% below its 1 year high
• Relative Strength Index 42.80%
• Recently traded at 1.06 which is below its 50 day moving average of 1.16

BG Medicine - BGMD - sell sigmals

This morning I deleted BG Medicine (BGMD) from the Barchart Van Meerten Speculative portfolio for poor price performance over the last month.

Barchart technical indicators:

• 48% Barchart technical sell signal
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 15.57% loss in the last month
• 53.83% below its 1 year high
• Relative Strength Index 37.98%
• Recently traded at 6.11 which is below its 50 day moving average of 6.52