5 Mid Cap Picks

Today I screened the S&P 400 Mid Cap Index to find the 5 with the best Barchart technical indicators and charts.  Near the top of the list were Post Holdings (POST), Office Depot (ODP), Covance (CVD), Tupperware (TUP) and Trimble Navigation (TRMB):

Post Holdings (POST)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 12.86% in the last month
• Relative Strength Index 71.06%
• Barchart computes a technical support level at 33.55
• Recently traded at 34.73 with a 50 day moving average of 31.22

Office Depot (ODP)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 22.46% in the last month
• Relative Strength Index 62.61%
• Barchart computes a technical support level at 2.75
• Recently traded at 2.91 with a 50 day moving average of 2.47

Covance (CVD)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 6 new highs and up 9.16% in the last month
• Relative Strength Index 64.82%
• Barchart computes a technical support level at 53.30
• Recently traded at 53.89 with a 50 day moving average of 49.33

Tupperware (TUP)

Barchart technical indicators:

• 88% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 12.45% in the last month
• Relative Strength Index 62.27%
• Barchart computes a technical support level at 60.68
• Recently traded at 62.24 with a 50 day moving average of 56.95

Trimble Navigation (TRMB)

Barchart technical indicators:

• 80% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 10.88% in the last month
• Relative Strength Index 61.43%
• Barchart computes  a technical support level at 51.75
• Recently traded at 52.55 with a 50 day moving average of 49.43

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Barchart Morning Call 11/15

Barchart Morning Call

BC - 1 hr 39 mins ago

Overnight Developments

• Dec E-mini S&Ps this morning are mildly higher by +0.15%. European stocks are down -0.27% while Asian stocks are trading lower across the board except for Japan, which is up +1.90%. Commodity prices are slightly lower by -0.15% with Dec crude oil up +0.06%, Dec gasoline +0.57%, Dec gold down -0.53%, Dec copper up +0.19%, and agriculture prices trading mostly lower. The dollar index is slightly higher by +0.10%. EUR/USD is up +0.15% and USD/JPY is sharply higher by +1.11%. Dec 10-year T-note prices are down -4.5 ticks.
• Eurozone Q3 GDP fell -0.1% q/q (-0.4% q/q annualized), which was in line with market expectations but confirmed that the Eurozone economy remains in a recession. Eurozone GDP on a quarter-on-quarter basis has been either flat or negative for the last four consecutive quarters and has been negative for the last two quarters. Today' Q3 GDP was down -0.6% y/y. The market consensus is that the Eurozone will show slight growth of +0.2% in 2013 after a -0.5% decline this year.
• The Eurozone Oct CPI report of +0.2% m/m and +2.5% y/y was in line with market expectations. However, the Eurozone CPI rate of +2.5% remained above the ECB's target of slightly below +2.0%.
• The UK Oct retail sales ex-fuel report of -0.7% m/m and +1.1% y/y was substantially weaker than market expectations of -0.1% m/m and 2.1% y/y. The report indicated continued economic threats in the UK and was bearish for GBP/USD.
• Liberal Democratic Party (LDP) chief Shinzo Abe, who is likely to become prime minister since the opposition LDP party is likely to win the upcoming general election, said today that the Bank of Japan should engage in unlimited easing until deflation is defeated. Those comments sparked fresh weakness today in the yen (strength in USD/JPY). Mr. Abe called for the BOJ to cut its benchmark rate to zero or to a negative level.
  Market Comments
  • Dec E-mini S&Ps this morning are slightly higher by +2.00 (+0.15%) as the market stabilizes after yesterday's sharp sell-off. U.S. stocks on Wednesday closed moderately lower on the lack of any progress thus far on the fiscal cliff and a weaker-than-expected U.S. retail sales report, but found support from dovish FOMC minutes and positive late-Tuesday Cisco results: S&P 500 -1.39%, Dow Jones -1.45%, Nasdaq -1.17%. U.S. Oct retail sales fell -0.3%, which was slightly weaker than market expectations of -0.2%, while Oct retail sales ex-autos were unchanged and were weaker than market expectations of +0.2%.
  • Dec 10-year T-notes this morning are down 4.5 ticks. Dec 10-year T-note prices closed little changed despite FOMC minutes that suggested more bond buying may be forthcoming in early 2013 after Operation Twist expires: TYZ2 unch, FVZ2 -0.25.
  • The dollar index this morning is slightly higher by +0.08 (+0.10%). EUR/USD is slightly higher by +0.0019 (+0.15%). USD/JPY is sharply higher by +0.89 (+1.11%) as the market expects the BOJ to be under increased pressure to ease if the LDP wins the upcoming election as expected, which would be bearish for the yen. USD/JPY The dollar index on Wednesday closed little changed while USD/JPY rallied sharply on yen weakness tied to the call for new elections in which the LDP party is likely to win and further boost the pressure on the BOJ for more asset purchases: Dollar index +0.02 (+0.03%), EUR/USD +0.0032 (+0.25%), USD/JPY +0.87 (+1.10%).
  • Dec WTI crude oil prices this morning are slightly higher by +0.05 (+0.06%) and Dec gasoline is up +0.0152 (+0.57%) Dec crude oil and gasoline prices closed moderately higher on Middle East tensions with Israel upping the ante with Hamas by killing its top military-wing commander and engaging in air attacks on militant targets in Gaza: +0.94 (+1.10%), RBZ2 +0.0252 (+0.95%). The market consensus for Thursday's DOE report is for a 2.5 mln bbl rise in crude oil inventories, an 800,000 bbl rise in gasoline inventories, a 500,000 bbl decline in distillate inventories, and a 0.7 point rise in the refinery utilization rate to 86.1%.
  • 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): Wal-Mart (Consensus:$1.07), TGT-Target (0.91), VIAB-Viacom (1.17), INTU-Intuit (-0.06), DELL-Dell (0.40), GPS-Gap (0.63), AMAT-Applied Material (0.03), ROST-Ross Stores (0.72), DLTR-Dollar Tree (0.49), ADSK-Autodesk (0.43), TDG-Trandigm Group (1.76), SHLD-Sears Holdings (-2.13), HP-Helmerich & Payn (1.24), SBH-Sally Beauty (0.36), MRVL-Marvell Tech (0.20), SINA-Sina Corp (0.11).
    Global Financial Calendar
    

    Thursday 11/15/12
    United States
    0830 ET	Weekly initial unemployment claims expected +20,000 to 375,000, previous -8,000 to 355,000. Weekly continuing claims expected +54,000 to 3.181 mln, previous -135,000 to 3.127 mln.
    0830 ET	Oct CPI expected +0.1% m/m and +2.1% y/y, Sep +0.6% m/m and +2.0% y/y. Oct CPI ex food and energy expected +0.1% m/m and +2.0% y/y, Sep +0.1% m/m and +2.0% y/y.
    0830 ET	Nov Empire manufacturing index expected -1.8 to -8.0, Oct +4.2 to -6.2.
    0900 ET	Richmond Fed President Jeffrey Lacker speaks on the "Economic Outlook" at West Virginia Economic Outlook Conference.
    1000 ET	Nov Philadelphia Fed manufacturing index expected -2.7 to 2.0, Oct +7.6 to 5.7.
    1000 ET	Q3 mortgage delinquencies, Q2 7.58%. Q3 mortgage foreclosures, Q2 4.27%.
    1030 ET	DOE Weekly Petroleum Status Report.
    1100 ET	Treasury announces amount of 10-year TIPS to be auctioned Nov 21 (previous $13 billion).
    1320 ET	Fed Chairman Bernanke speaks on housing and the mortgage market in Atlanta.
    1445 ET	Dallas Fed President Richard Fisher speaks at Stanford University's State of the West Symposium luncheon.
    1630 ET	Weekly money supply report and Fed balance sheet.
    1630 ET	Philadelphia Fed President Charles Plosser speaks at the Cato Institute's annual monetary policy conference.
    1830 ET	NY Fed President Dudley speaks at NY Clearing House event.
    Japan
    0000 ET	Oct Tokyo condo sales, Sep -9.3% y/y.
    Germany
    0200 ET	German Q3 GDP expected +0.1% q/q and +0.8% y/y, Q2 +0.3% q/q and +1.0% y/y.
    Euro-Zone
    0400 ET	ECB's Nov monthly report.
    0500 ET	Eurozone Oct CPI expected +0.2% m/m and +2.5% y/y, Sep +0.7% m/m. Oct core CPI expected +1.5% y/y, Sep +1.5% y/y.
    0500 ET	Eurozone Q3 GDP expected -0.1% q/q and -0.6% y/y, Q2 -0.2% q/q and -0.5% y/y.
    United Kingdom
    0430 ET	UK Oct retail sales ex auto fuel expected -0.1% m/m and +2.1% y/y, Sep +0.6% m/m and +2.9% y/y. Oct retail sales with auto fuel expected -0.1% m/m and +1.6% y/y, Sep +0.6% m/m and +2.5% y/y.

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

Korea Telecom - KT - Barchart Chart of the4 Day

Barchart.coms Chart of the Day - Korea Telecom (KT)

Barchart Research Team - BC - Wed Nov 14, 5:19PM CST

The "Chart of the Day" is Korea Telecom (KT), which showed up on Wednesday's Barchart "52-Week High" list. Korea Telecom on Wednesday posted a new 13-month high of $17.81. TrendSpotter has been long since Oct 16 at $16.04. In recent news on the stock, Korea Telecom on Nov 7 reported Q3 consolidated operating profit at 538.8 billion won ($500 million), which was stronger than market expectations of 355 billion won ($325 million). Korea Telecom, with a market cap of $8.4 billion, provides telecommunication services in South Korean including mobile telecommunications services, telephone services, fixed-line and VoIP telephone services.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of 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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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

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

5 Large Cap Picks

Today I screened the S&P 500 Large Cap Index to find the 5 with the best Barchart technical indicators and charts.  Near the top of the list were H J Heinz (HNZ), Home Depot (HD), Gilead Sciences (GILD), Equifax (EFX) and Campbell Soup (CPB):

H J Heinz (HNZ)

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 3.48% in the last month
• Relative Strength Index 61.20%
• Barchart computes a technical support level at 56.91
• Recently traded at 58.32 with a 50 day moving average of 56.77

Home Depot (HD)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages 
• 6 new highs and up 7.27% in the last month
• Relative Strength Index 64.98%
• Barchart computes a technical support level at 60.10
• Recently traded at 63.94 with a 50 day moving average of 60.17

Gilead Sciences (GILD)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 4 new highs and up 9.56% in the last month
• Relative Strength Index 70.46%
• Barchart computes a technical support level at 70.52
• Recently traded at 74.42 with a 50 day moving average of 66.08

Equifax (EFX)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up 4.30% in the last month
• Relative Strength Index 65.99%
• Barchart computes a technical support level at 49.80
• Recently traded at 51.38 with a 50 day moving average of 48.48

Campbell Soup (CPB)

Barchart technical indicators:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 10 new highs and up 5.51% in the last month
• Relative Strength Index 73.38%
• Barchart computes a technical support level at 34.97
• Recently traded at 36.58/ with a 50 day moving average of 35.06

MORE STOCK PICKS

Barchart Morning Call 11/13

Barchart Morning Call

BC - 2 hrs 33 mins ago

Overnight Developments

• Dec E-mini S&Ps this morning are trading mildly lower by -0.29% on the -0.30% sell-off in European stocks and lower Asian stocks. European stocks are trading lower on the poor German and Eurozone Zew investor sentiment indexes and on yesterday's lack of agreement by Eurozone officials on how to plug the 30 billion euro hole in Greece's longer-term deficit outlook. Chinese stocks today fell sharply by -1.75% to a 7-week low on a newswire report that the Chinese government may expand a property tax trial in a bid to curb property speculation. Japan closed down -0.18% and Hong Kong closed down -1.13%. Commodity prices are up +0.27% this morning with Dec crude oil down -0.14%, Dec gasoline down -0.55%, Dec gold down -0.07%, grains up about +0.8% on average, and livestock and softs mixed. The dollar index and EUR/USD are little changed. Dec 10-year T-note prices are up 1.5 ticks.
• In Washington, Congress today returns for a lame duck session through year-end with the main topic to address being the year-end fiscal cliff. President Obama meets with union leaders today and business leaders tomorrow. President Obama tomorrow will hold his first press conference since June.
• The UK Oct CPI report of +2.7% y/y was up from +2.2% in Sep and was stronger than market expectations of +2.4%. The Oct core CPI was up +2.6% from +2.1% in Sep and was stronger than market expectations of +2.2%. The CPI reports were stronger than expected mainly because of a 0.3 point increase tied to sharply higher university tuition. The UK CPI report will make it more difficult for the Bank of England to restart its quantitative easing program in coming months if the UK economy deteriorates.
• The German Nov Zew economic sentiment index fell to -15.7 from -11.5 in Oct and was weaker than market expectations for an improvement to -10.0. The Eurozone Nov Zew economic sentiment index fell to -2.6 from -1.4% in Sep. Those reports indicated that investor confidence deteriorated further going into November. The Zew surveys measure the confidence of investors and investment analysts.
  Market Comments
  • Dec E-mini S&Ps this morning are down 4.00 points (-0.29%). Bearish factors include a -0.30% sell-off in the Euro Stoxx 50 index and weak Asian stocks across the board. E-mini S&Ps also continue to see weakness on concern about the year-end fiscal cliff. U.S. stocks on Monday closed narrowly mixed on support from some Republican comments in favor of tax increases and on Friday night's stronger-than-expected Chinese exports report: S&P 500 +0.18%, Dow Jones -0.31%, Nasdaq -1.33%. China's Oct exports were reported on Friday night at +11.6% y/y, which was stronger than market expectations of +10.0% and were up from Sep's report of +9.9% y/y.
  • Dec 10-year T-notes this morning are up 1.5 ticks on the lower trade in E-mini S&Ps and in European and Asian stock indexes. Dec 10-year T-note prices closed slightly lower as the market consolidated after last week's sharp gains on fiscal cliff concerns: TYZ2 -0.5, FVZ2 +0.75.
  • The dollar index this morning is slightly lower by -0.02 (-0.03%) and EUR/USD is up +0.0002 (+0.02%). USD/JPY is up +0.01 (+0.01%). The dollar index on Monday closed little changed as the market awaits developments on the fiscal cliff and Greece: Dollar index +0.01 (+0.01%), EUR/USD -0.0004 (-0.03%), USD/JPY +0.01 (+0.01%).
  • Dec WTI crude oil prices this morning are down -0.12 (-0.14%) and Dec gasoline is down -0.0146 (-0.55%) on the lower trade in global stocks. Dec crude oil and gasoline prices closed moderately higher on technical selling, doubts about global growth, and expectations for increases in the DOE crude oil and gasoline inventory figures: CLZ2 -0.50 (-0.58%), RBZ2 -0.0229 (-0.85%). The market consensus for this week's DOE report is for a 2.5 mln bbl rise in crude oil inventories, an 800,000 bbl rise in gasoline inventories, a 500,000 bbl decline in distillate inventories, and a 0.7 point rise in the refinery utilization rate to 86.1%.
  • 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): Home Depot (Consensus:$0.70), CSCO-Cisco Systems (0.46), TJX-TJX Companies (0.63), DKS-Dick's Sporting Goods (0.37), ACM-Aecom Technology (0.82), WWD-Woodward (0.56), SKS-Saks (0.12).
    Global Financial Calendar
    

    Tuesday 11/13/12
    United States
    n/a	Congress reconvenes for lame duck session.
    1000 ET	Nov IBD/TIPP economic optimism, Oct 54.0.
    1100 ET	USDA weekly grain export inspections.
    1130 ET	Weekly 3-mo and 6-mo T-bill auctions.
    1400 ET	Oct monthly budget statement expected -$125 bln, Sep +$75.020 billion.
    1530 ET	Fed Vice Chairman Janet Yellen speaks on central bank communications at UC Berkeley.
    1600 ET	USDA Crop Progress.
    United Kingdom
    0430 ET	UK Sep ONS house price index expected +2.0% y/y, Aug +1.8% y/y.
    0430 ET	UK Oct PPI input expected -0.2% m/m and -0.5% y/y, Sep -0.2% m/m and -1.2% y/y. Oct PPI output expected +0.1% m/m and +2.5% y/y, Sep +0.5% m/m and +2.5% y/y. Oct PPI output core expected 0.1% m/m and +1.4% y/y, Sep +0.3% m/m and +1.2% y/y.
    0430 ET	UK Oct CPI expected +0.2% m/m and +2.4% y/y, Sep +0.4% m/m and +2.2% y/y. Oct core CPI expected +2.2% y/y, Sep +2.1% y/y.
    0430 ET	UK Oct retail price index (RPI) expected +0.2% m/m and +2.9% y/y, Sep +0.5% m/m and +2.6% y/y. Oct RPI ex mortgage interest payments expected +2.9% y/y, Sep +2.6% y/y.
    Germany
    0500 ET	German Nov Zew current situation index expected 8, Oct 10. German Nov Zew economic sentiment index expected -10, Oct -11.5
    Euro-Zone
    0500 ET	Eurozone Nov Zew economic sentiment index, Oct -1.4.

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

Cooper Tire and Rubber - CTB - Barchart Chart of the Day

Barchart.coms Chart of the Day - Cooper Tire Rubber Company (CTB)

Barchart Research Team - BC - Mon Nov 12, 6:15PM CST

The "Chart of the Day" is Cooper Tire & Rubber Company (CTB), which showed up on Monday's Barchart "52-Week High." Cooper Tire on Monday posted a new 16-month high of $24.43 and closed +2.92%. TrendSpotter has been long since Nov 5 at $22.88. In recent news on the stock, Morgan Stanley on Nov 7 reiterated its Overweight rating on Cooper Tire and raised its target to $30 from $22. Cooper Tire on Nov 2 reported Q3 EPS at $1.17, far above the consensus of $0.86. Cooper Tire, with a market cap of $1.5 billion, specializes in the manufacture and marketing of automotive products.


How we found the Chart of the Day:
We found the "Chart of the Day" by scanning the Barchart "52-week Highs" page. That page shows all the stocks that have posted new 52-week highs, which is a popular sign of 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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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

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