Encore Wire - Barchart Chart of the Day

Summary:

Encore Wire (WIRE) is the Chart of the Day. The copper wire manufacturer was up every day lost month in spite of market volatility. Up 21.02% for the month.

Article:

The Chart of the Day is Encore Wire (WIRE).  The stock was right at the top of the New High List when sorted for frequency with 20 advances in 20 sessions.  The stock has both a Trend Spotter buy and 100% Technical buy indicators.

They are a low-cost manufacturer of copper electrical building wire and cable. The Company is a significant supplier of both residential wire for interior electrical wiring in homes, apartments and manufactured housing, as well as building wire for electrical distribution in commercial and industrial buildings.

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% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 21.02% in the last month
• Relative Strength Index 83.04%
• Barchart computes a technical support level at 36.77
• Recently traded at 41.07 with a 50 day moving average of 35.42

Fundamental factors:

• Market Cap $847.89 million
• P/E 40.81
• Dividend Yield .21%
• Although analysts are beginning to follow the stock they have not published projections
• Financial Strength B++

Please monitor the moving averages and sell if the stock drops below the 50 day moving average.

Financial Times fails to deliver

Glen Moreno is an ineffective manger of Pearson (PSO) owner of the Financial Time.  The paper isn't delivered in Charlotte over 50 % of the time

Avnet - Chart of the Day

Summary:

Avnet (AVT) is the Chart of the Day.  The electronics and computer distributor is up 25.24% for the year and has a 100% technical buy signal and a Trend spotter buy signal.  I found the stock by sorting the New High List.

Article:

The Chart of the Day is Avent (AVT).  The stock was right at the top of the New High List when I sorted it for frequency.  In the last month the stock hit 19 new highs for a gain of 15.08% and has a Relative Strength Index of 79.21%

It is an industrial distributor of electronic components and computer products. The company is a link in the chain that connects suppliers of semiconductors, interconnect products, passive and electromechanical devices to original equipment manufacturers and contract manufacturers that design and build the electronic equipment for end-market use, and to other industrial customers. The company markets, distributes and optimizes the supply-chain and provides design-chain services for the products of the world's leading electronic component suppliers, enterprise computer manufacturers and embedded subsystem providers. Avnet brings a breadth and depth of capabilities, such as maximizing inventory efficiency, managing logistics, assembling products and providing engineering design assistance for its one largest customers, accelerating their growth through cost-effective, value-added services and solutions.

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% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 15.08% in the last month
• Relative Strength Index 79.21%
• Barchart computes a technical support level at 36.88
• Recently traded at 38.00 wiht a 50 day moving average of 34.43

Fundamental factors:

• Market Cap $5.21 billion
• P/E 10.59
• Revenue expected to increase 4.70% next year
• Earnings estimated to increase 19.40% next year and continue to increase for the next 5 years at an annual rate of 4.04%
• Wall Street analysts issued 4 strong buy, 4 buy and 4 hold recommendations to their clients
• Financial Strength is A

Hold until the stock drops below its 50 day moving average.

5 Great Small Cap Stocks

Today I used Barchart to sort the S&P 600 Small Cap Index for the stock having the best technical indicators and charts.  My list includes Insite Enterprises (NSIT), Encore Wire (WIRE), Unisource Energy (UNS), Neenah Paper (NP), and MTS Systems (MTSC):

Insite Enterprises (NSIT)

Barchart technical indicators:

• 80% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 26.48% in the last year
• Relative Strength Index 79.05%
• Barchart computes a technical support level at 20.57
• Recent;y traded at 21.62 with a 50 day moving average of 19.13

Encore Wire (WIRE)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 13.39% in the last month
• Relative Strength Index 75.25%
• Barchart computes a technical support level at 37.56
• Recently traded at 38.60 with a 50 day moving average of 35.30

Unisource Energy (UNS)

Barchart technical indicators:

• 72% Barchart technical buy signal
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 nw hgihs and up 17.56% in the last month
• Relative Strength Index 69.26%
• Barchart computes a technical support level at 49.88
• Recently traded at 51.09 wiht a 50 day moving average of 47.65

Neenah Paper (NP)

Barchart technical indicators:

• 96% Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 25.78% in the last month
• Relative Strength Index 91.96%
• Barchart computes  a technical support level at 37.89
• Recently traded at 39.67 with a 50 day moving average of 33.09

MTS Systems (MTSC)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 13.14% in the last month
• Relative Strength Index 64.86%
• Barchart computes a technical support level at 62.16
• Recently traded at 63.83 with a 50 day moving average of 59.69

Checkpoint Systems - Chart of the Day

Summary:

Checkpoint Systems (CKP) is the Chart of the Day.  The stock advanced every day in the last month and is up 23.35% of the period.  They are the manufacturer of those shop lifting alarm devices you see at retail stores.

Article:

The Chart of the Day is Checkpoint Systems (CKP).  The stock advanced in all 20 session last month for a gain of 23.35% and is up in the past year by 123.45%,  he stock was right at the top of the New High List when I sorted for frequency.

The company is a multinational manufacturer and marketer of retail asset tracking and protection products including integrated security, automatic identification, and retail merchandising solutions. They are a leading provider of radio frequency and electromagnetic electronic article surveillance systems and tags, security source tagging, handheld labeling systems, bar code labeling systems, and retail merchandising systems.

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% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 23.35% in the last month
• Relative Strength Index 80.32%
• Barchart computes a technical support level at 16.34
• Recently traded at 16.98 with a 50 day moving average of 14.35

Fundamental factors:

• Market Cap $692.44 million
• Revenue is projected to go up by 3.90% next year
• Earnings are estimated to increase by 255.60% this year, 35.70% next year and continue to increase by 45.00% annually for at least 5 years
• Wall Street analysts issued  a strong buy, a buy and a hold recommendation
• Financial Strength is a B+

Closely watch the 50 day moving average and be prepared to exit if the stock drop below its 50 day moving average.

Mid Caps on the Move

Today I used Barchart to sort the S&P 400 Mid Cap Index to find the stocks with the best technical indicators and charts and found some familiar names.  Today's list includes Deluxe Corp (DLX), Esterline Technologies (ESL), Arrow Electronics (ARW), Scientific Games (SGMA), and  Bally Technologies (BYI):

Deluxe Corp (DLX)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 15.01% in the last month
• Relative Strength Index 69.16%
• Barchart computes a technical support level at 38.33
• Recently traded at 38.40 with  50 day moving average of 36.78

Esterline Technologies (ESL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 18.09% in the last month
• Relative Strength Index 78.67%
• Barchart computes  a technical support level at 81.68
• Recently traded at 82.39 with a 50 day moving average of 75.53

Arrow Electronics (ARW)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 20.51% in the last month
• Relative Strength Index 80.67%
• Barchart computes a technical support level at 42.76
• Recently traded at 45.32 with a 50 day moving average of 40.31

Scientific Games (SGMS)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 25.92% in the last month
• Relative strength Index 80.49%
• Barchart computes a technical support level at 13.16
• Recently traded at 13.30 with a 50 day moving average of 11.26

Bally Technologies (BYI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 29.86% in the last month
• Relative Strength Index 85.78%
• Barchart computes a technical support level at 69.87
• Recently traded at 70.48 with a 50 day moving average of 58.32

Graphic Packaging - Buy signals

Today I added Graphic  Packaging (GPK) to the Barchart Van Meerten Speculative portfolio for great technical indicators and positive price momentum:

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 16.12% in the last month
• Relative Strength Index 73.60%
• Barchart computes a technical support level at 8.63
• Recently traded at 8.80 with a 50 day moving average of 7.98

Esterline Technologies - Chart of the Day

Summary:

Esterline Technologies (ESL) is the Chart of the Day.  The aerospace and defense company has both a 96% technical buy signal and a Trend Spotter buy signal.  The stock advanced 40.84% in the past year.

Article:

The Chart of the Day is Esterline Technologies (ESL). During the last month the stock hit 19 new highs and was up 16.14% with a Relative Strength Index of 80.42%.  The stock was found by sorting the New High List for frequency.

It is a specialized engineering and manufacturing company principally serving aerospace and defense markets. They design, manufacture and market highly engineered products and systems for application within the industries they serve. Their products are found on most military and commercial aircraft, helicopters, and land-based systems. Their sales are diversified across three broad markets: defense, commercial aerospace, and general industrial.

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 16.14% in the last month
• Relative Strength Index 80.42%
• Barchart computes a technical support level at 81.68
• Recently traded at 82.52 with a 50 day moving average of 75.43

Fundamental factors:

• Market Cap $2.56 billion
• P/E 17.45
• Revenue projected to grow 1.40% this year and another 4.60% next year
• Earnings estimated to increase 4.90% this year, an additional 11.70% next year and continue to increase annually by 15.00% for the next 5 years
• Financial Strength B++

Exit if the stock drops below its 50 day moving average.

BARCHART MORNING CALL -7/23

BARCHART MORNING CALL

Tuesday, July 23rd, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

Sep E-mini S&Ps (ESU13 +0.19%) are trading mildly higher by +0.22% with support from a +0.51% rally in European stocks and increased optimism that China's government provide stimulus if the Chinese economy starts slipping. Asian stocks closed higher across the board: Japan Nikkei index +0.82%, Hong Kong +2.33, China CSI 300 index +2.89%, Taiwan +1.35%, Australia +0.30%, Singapore +0.60%, South Korea +1.42%, India +0.71%, Turkey +0.96%. Commodity prices are down by -0.29% this morning due to the slightly higher trade in the dollar index. Sep WTI crude (CLU13 -0.60%) is down -0.78%, Sep gasoline (RBU13 -0.51%) is down -0.56%, Sep natural gas (NGU13 +0.05%) is up +0.49%, Aug gold (GCQ13 -0.60%) is down -0.63%, Sep copper (HGU13 -0.33%) is down -0.28%, and agriculture prices are mixed. The dollar index (DXY00 +0.15%) is up +0.13%, EUR/USD (^EURUSD) is down -0.09%, and USD/JPY (^USDJPY) is up +0.31%. Sep 10-year T-note prices (ZNU13 -0.23%) are down 7.5 ticks.
Chinese Premier Li Keqiang said that 7% is the "bottom line" GDP growth rate that the Chinese government will tolerate, according to a report by Beijing News. Chinese Q2 GDP was recently reported at +7.5% and the consensus is for growth near that level through the remainder of this year and into next year. However, the markets have been afraid that the government may not take action even if GDP growth starts to fade below 7.0% since the government is currently focused on trying to curb strong home prices and the shadow banking system. Finance Minister Lou Jiwei caused a stir on July 11 when he said that GDP growth as low as 6.5% might be tolerable in the future although he later adjusted his remarks to say that China can achieve this year's target growth rate of 7.5%.
President Obama on Wednesday will deliver a speech on the economy and jobs at Knox College in Galesburg, IL. Mr. Obama in a series of speeches starting tomorrow will attempt to shift Washington's focus back to jobs and trying to put pressure on Republicans to compromise on a debt ceiling hike later this year. Washington must also approve a budget for the new fiscal year that starts on Oct 1 and address $109 billion in new automatic, across-the-board spending cuts that start October 1. Mr. Obama last night said that his remarks on Wednesday will contain some proposals that are new.
French July business confidence rose to a 15-month high of 95 from 93 in June, which was slightly stronger than market expectations for a 1 point increase to 94. French Q2 GDP rose by +0.2% q/q after falling in Q4 and Q1.

U.S. STOCK PREVIEW

Today’s May FHFA house price index is expected to show an increase of +0.8% m/m, adding to the +0.7% m/m increase seen in April. Today’s July Richmond Fed manufacturing index is expected to show a +1 point increase to 9, adding to the sharp +10 point increase to 8 seen in June. The Treasury today will kick off this week's $99 billion T-note package by selling $35 billion in 2-year T-notes. There are 35 of the S&P 500 companies that report earnings today with notable reports including UPS (consensus $1.13), AT&T (0.68), Apple (7.30), and Discover (1.15). Conferences this week include: Bio/Pharma Forcasting and Modeling on Tuesday, Fortune Brainstorm TECH 2013 on Tuesday, China Venture Capital & Private Equity Forum on Wed/Thu.

Sep E-mini S&Ps (ESU13 +0.19%) this morning are up +3.75 points (+0.22%) on the +0.51% rally in the Euro Stoxx 50 index and on increased hopes that Chinese officials will take action if necessary to support their economy. The S&P 500 index on Monday closed mildly higher on positive political news in Japan and Portugal and on expectations for continued decent earnings, although stocks were undercut by the weaker-than-expected U.S. June existing home sales report of -1.2% to 5.08 million units (versus expectations for an increase to 5.26 million units). Closes: S&P 500 +0.20%, Dow Jones +0.01%, Nasdaq 100 +0.34%.

OVERNIGHT U.S. STOCK MOVERS

• There are 11 of the S&P 500 companies that have reported earnings this morning. Above-consensus reports include Air Products (APD +0.92%) ($1.36 vs $1.385), Du Pont (DD +0.05%) (1.28 vs 1.27), Travelers (TRV +0.91%) (2.13 vs 1.59), United Technologies (UTX -0.36%) (1.70 vs 1.58), Sigma-Aldrich (SIAL -0.57%) (1.05 vs 1.035), Forest Labs (FRX -0.02%) (0.28 vs 0.08), and Lockheed Martin (LMT +0.09%) (2.64 vs 2.20). Below-consensus reports include Altria (MO -0.73%) (0.62 vs 0.629), Regions Financial (RF +1.86%) (0.20 vs 0.21), Waters Corp (WAT +0.64%) (1.08 vs 1.21), and Pentair (PNR -0.51%) (0.85 vs 0.90).
• Texas Instruments (TXN +0.43%) rallied 2.6% in after-hours trading after reporting Q2 EPS with items of 58 cents, well above the consensus of 41 cents.
• CapitalSource (CSE +1.44%) rallied 12% in after-hours trading after the announcement that PacWest (PACW +0.50%) will buy the company for $2.3 billion. PacWest shares rallied slightly by 0.3% following the announcement.
• Netflix (NFLX -0.99%) fell 4% in after-hours trading on disappointing earnings news.

MARKET COMMENTS

Sep 10-year T-notes (ZNU13 -0.23%) this morning are down 7.5 ticks on increased optimism about the global economy after China's premier promised action if the Chinese economy starts sliding. Sep 10-year T-note prices on Monday closed little changed as the market found support from the weaker-than-expected U.S. existing home sales report (-1.2%) but was undercut by reduced safe-haven demand with the slightly higher close in the S&P 500 index and with reduced Eurozone debt crisis concerns with the sharp drop in Portugal’s bond yield. Closes: TYU3 +0.5, FVU3 -1.
The dollar index (DXY00 +0.15%) this morning is up +0.11 points (+0.13%) on some short-covering after yesterday's losses. EUR/USD (^EURUSD) is down -$0.0012 (-0.09%) and USD/JPY (^USDJPY) is up +0.31 yen (+0.31%). The dollar index closed moderately lower on reduced safe-haven demand and on technical weakness with the decisive new 1-month low. EUR/USD saw support from the sharp -41 bp drop in Portugal’s 10-year bond yield and reduced Eurozone debt crisis concerns about Portugal’s president affirmed the current government and ruled out early elections. USD/JPY fell sharply by -0.97% as the yen was supported by Prime Minister Abe’s decisive victory in the upper house of parliament, which was a vote of confidence by the Japanese public for Mr. Abe’s aggressive stimulus program. Closes: Dollar index -0.39 (-0.47%), EUR/USD +0.0043 (+0.33%), USD/JPY -0.98 (-0.97%).
Sep WTI crude oil (CLU13 -0.60%) this morning is down -0.83 (-0.78%) and Sep gasoline (RBU13 -0.51%) is down -0.0168 (-0.56%). Sep crude oil and gasoline prices on Monday closed with fairly sharp losses mainly due to long liquidation pressure after the sharp 3-week rally. Gasoline prices were also pressure by expectations for a continued increase in gasoline inventories as recent refinery outages are fixed. Closes: CLU3 -0.93 (-0.86%), RBU3 -0.0399 (-1.30%).

GLOBAL EVENT CALENDAR07/23/2013

US	0900 ET	May FHFA house price purchase only index expected +0.8% m/m, Apr +0.7% m/m.
	1000 ET	July Richmond Fed manufacturing index expected +1 to 9, Jun +10 to 8.
	1300 ET	Treasury auctions $35 billion 2-year T-notes.
	1630 ET	API weekly U.S. oil statistics.
EUR	1000 ET	Eurozone July consumer confidence expected +0.5 to -18.3, Jun -18.8.
JPN	1950 ET	Japan Jun merchandise trade balance expected -150.0 billion yen, May -996.4 billion yen. Jun exports expected +10.0% y/y, May +10.1% y/y. Jun imports expected +13.6% y/y, May +10.1% y/y.
CHI	2145 ET	China July HSBC flash manufacturing PMI expected +0.3 to 48.5, Jun -1.0 to 48.2.

U.S. STOCK CALENDAR07/23/2013

Company Name	Symbol	Time	Event Description	Period	EPS Est (US$)
Pentair Ltd	PNR US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.9
Air Products & Chemicals Inc	APD US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.358
Valero Energy Corp	VLO US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.026
Lockheed Martin Corp	LMT US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	2.203
Regions Financial Corp	RF US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.211
Ryder System Inc	R US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.229
Travelers Cos Inc/The	TRV US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.596
EI du Pont de Nemours & Co	DD US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.272
United Technologies Corp	UTX US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.576
Waters Corp	WAT US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.214
Freeport-McMoRan Copper & Gold Inc	FCX US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.45
Peabody Energy Corp	BTU US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	-0.05
PACCAR Inc	PCAR US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.745
Sigma-Aldrich Corp	SIAL US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.035
Forest Laboratories Inc	FRX US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	0.079
Altria Group Inc	MO US	7:00	Q2 2013 Earnings Release	Q2 2013	0.629
United Parcel Service Inc	UPS US	7:45	Q2 2013 Earnings Release	Q2 2013	1.13
Illinois Tool Works Inc	ITW US	8:00	Q2 2013 Earnings Release	Q2 2013	1.095
Avery Dennison Corp	AVY US	8:30	Q2 2013 Earnings Release	Q2 2013	0.703
Waters Corp	WAT US	8:30	Q2 2013 Earnings Call	Q2 2013
United Parcel Service Inc	UPS US	8:30	Q2 2013 Earnings Call	Q2 2013
Pentair Ltd	PNR US	9:00	Q2 2013 Earnings Call	Q2 2013
Altria Group Inc	MO US	9:00	Q2 2013 Earnings Call	Q2 2013
Travelers Cos Inc/The	TRV US	9:00	Q2 2013 Earnings Call	Q2 2013
EI du Pont de Nemours & Co	DD US	9:00	Q2 2013 Earnings Call	Q2 2013
United Technologies Corp	UTX US	9:00	Q2 2013 Earnings Call	Q2 2013
Air Products & Chemicals Inc	APD US	10:00	Q3 2013 Earnings Call	Q3 2013
Freeport-McMoRan Copper & Gold Inc	FCX US	10:00	Q2 2013 Earnings Call	Q2 2013
Illinois Tool Works Inc	ITW US	10:00	Q2 2013 Earnings Call	Q2 2013
Legg Mason Inc	LM US	10:00	Annual General Meeting	Y 2013
Forest Laboratories Inc	FRX US	10:00	Q1 2014 Earnings Call	Q1 2014
Valero Energy Corp	VLO US	11:00	Q2 2013 Earnings Call	Q2 2013
Lockheed Martin Corp	LMT US	11:00	Q2 2013 Earnings Call	Q2 2013
Regions Financial Corp	RF US	11:00	Q2 2013 Earnings Call	Q2 2013
Ryder System Inc	R US	11:00	Q2 2013 Earnings Call	Q2 2013
Peabody Energy Corp	BTU US	11:00	Q2 2013 Earnings Call	Q2 2013
Sigma-Aldrich Corp	SIAL US	11:00	Q2 2013 Earnings Call	Q2 2013
Avery Dennison Corp	AVY US	12:00	Q2 2013 Earnings Call	Q2 2013
PACCAR Inc	PCAR US	12:00	Q2 2013 Earnings Call	Q2 2013
Robert Half International Inc	RHI US	16:00	Q2 2013 Earnings Release	Q2 2013	0.433
Total System Services Inc	TSS US	16:00	Q2 2013 Earnings Release	Q2 2013	0.331
Altera Corp	ALTR US	16:15	Q2 2013 Earnings Release	Q2 2013	0.308
Norfolk Southern Corp	NSC US	16:30	Q2 2013 Earnings Call	Q2 2013
AT&T Inc	T US	16:30	Q2 2013 Earnings Call	Q2 2013
Altera Corp	ALTR US	16:45	Q2 2013 Earnings Call	Q2 2013
Broadcom Corp	BRCM US	16:45	Q2 2013 Earnings Call	Q2 2013
CR Bard Inc	BCR US	17:00	Q2 2013 Earnings Call	Q2 2013
Robert Half International Inc	RHI US	17:00	Q2 2013 Earnings Call	Q2 2013
Total System Services Inc	TSS US	17:00	Q2 2013 Earnings Call	Q2 2013
Electronic Arts Inc	EA US	17:00	Q1 2014 Earnings Call	C2 2014
Apple Inc	AAPL US	17:00	Q3 2013 Earnings Call	Q3 2013
Juniper Networks Inc	JNPR US	17:00	Q2 2013 Earnings Call	Q2 2013
International Game Technology	IGT US	17:00	Q3 2013 Earnings Call	Q3 2013
Discover Financial Services	DFS US	17:00	Q2 2013 Earnings Call	Q2 2013
Broadcom Corp	BRCM US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.694
Norfolk Southern Corp	NSC US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	1.494
CR Bard Inc	BCR US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	1.38
AT&T Inc	T US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.683
ACE Ltd	ACE US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	1.941
Nabors Industries Ltd	NBR US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.088
FMC Technologies Inc	FTI US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.471
Electronic Arts Inc	EA US	Aft-mkt	Q1 2014 Earnings Release	Q1 2014	-0.595
Apple Inc	AAPL US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	7.305
Juniper Networks Inc	JNPR US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.251
International Game Technology	IGT US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.309
Discover Financial Services	DFS US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	1.153
Linear Technology Corp	LLTC US	Aft-mkt	Q4 2013 Earnings Release	Q4 2013	0.419
Public Service Enterprise Group Inc	PEG US		Investor Meeting - Day 2	Y 2013
AbbVie Inc	ABBV US		FDA Adcomm, Humira, axial spondyloarthritis

Bally Technologies -- Barchart's Chart of the Day

Summary:

Bally Technologies (BYI) is the Chart of the Day.  The diversified gaming machine manufacturer has gained 57.17% in the past year and has a Trend Spotter buy signal.

Article:

The Chart of the Day is Bally Technologies (BYI).  The stock is up 57.17% and has both a 100% Barchart technical buy signal and a Trend Spotter buy signal.  I found the stock by sorting the New High List for frequency.

The company is a diversified, worldwide gaming company that designs, manufactures and distributes gaming machines and computerized monitoring systems for gaming machines. It also owns and manages a significant installed base of gaming machines They own and operate casinos and in Germany, is a full-service supplier of wall-mounted gaming machines and amusement games.

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.

Brachart technical indicators:

• 100% Brachart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 28.71% in the last month
• Relative Strength Index 85.45%
• Barchart computes a technical support level at 68.87
• Recently traded at 70.92 with a 50 day moving average of 57.60

Fundamental factors:

• Market Cap $2.93 billion
• P/E 21.40
• Revenue expected to grow 5.70% this year and another 9.40% next year
• Earnings estimated to increase 40.00% this year, an additional 13.10% next year and continue to increase 9.00% a year for at least the next 5 years
• Wall Street analysts  issued 4 strong buy, 7 buy and 4 hold recommendations
• Financial Strength is B+

If the stock drops below its 50 day moving average that may be a good time to exit the trade,

5 Interesting Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index to find the stocks with the best technical indicators and charts.  I found Cononco Phillips (COP), Lowes (L), Viacom Class B (VIAB), Host Marriott Financial Trust (HST) and Interpublic Group (IPG):

Cononco Phillips (COP)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 9.21% in the last month
• Relative Strength Index 71.95%
• Barchart computes a technical support level at 65.04
• Recently traded at 65.92 with a 50 day moving average of 62.49

Lowes (L)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 7.25% in the last month
• Relative Strength Index 68.06%
• Barchart computes a technical support level at 46.08
• Recently traded at 46.74 with a 50 day moving average of 45.34

Viacom Class B (VIAB)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 11.76% in the last month
• Relative Strength Index 68.10%
• Barchart computes  a technical support level at 72.95
• Recently traded at 73.45 with a 50 day moving average of 68.604

Host Marriott Financial Trust (HST)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 15.33% in the last month
• Relative strength Index 70.11
• Barchart computes a technical support level at 18.20
• Recently traded at 18.65 with a 50 day moving average of 17.60

Interpublic Group (IPG)

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 10.51% in the last month
• Relative Strength Index 67.86%
• Barchart computes a technical support level at 14.95
• Recently traded at 15.77 with a 50 day moving average of 14.76

Barchart Morning Call 7/22

BARCHART MORNING CALL

Monday, July 22nd, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

Sep E-mini S&Ps (ESU13 +0.03%) are trading slightly higher on continued optimism about earnings and on today's sharp 40 bp drop in Portugal's 10-year bond yield in a favorable development for the Eurozone debt crisis. The Euro Stoxx 50 index this morning is up +0.24%. Asian stocks today closed higher nearly across the board on support from last Friday's news that China is liberalizing bank deposit rates and Sunday's news that Japanese Prime Minister Abe's party won a decisive victory in Sunday's upper house elections: Japan Nikkei +0.47%, Hong Kong Hang Seng +0.25%, China CSI 300 index +0.53%, Taiwan +0.54%, Australia +0.60%, Singapore +0.66%, South Korea +0.48%, India +0.05%, and Turkey -0.12%. Commodity prices are higher by +0.44% this morning on improved global economic optimism. Sep WTI crude oil (CLU13 +0.31%) is up +0.49%, Sep gasoline (RBU13 -0.40%) is up +0.03%, metals are higher (Aug gold (GCQ13 +1.86%) +1.83%, Sep copper (HGU13 +1.08%) +1.08%), and grains and softs are mixed. The dollar index (DXY00 -0.29%) is down -0.36% on reduced safe-haven demand and EUR/USD (^EURUSD) is up +0.30% on positive Portuguese political news. USD/JPY (^USDJPY) is down -0.71% with JPY seeing strength on the strong LDP victory in Sunday's upper house elections. Sep 10-year T-note prices (ZNU13 +0.10%) are up +4 ticks.
There was good political news in Portugal after Portugal's President Anibal Cavaco Silva in a speech on Sunday night ruled out early elections and said that, "The government has the support of an unequivocal majority in parliament." Portuguese 10-year bond yields fell sharply by 40 bp to 6.40% today, extending the sharp 3-session decline to about 80 bp. The government headed by Prime Minister Pedro Passos Coelho will now have the power to stick to Portugal's bailout plan.
Japanese Prime Minister Abe won a sweeping victory in Sunday's elections in the upper house of parliament, which gives him a strong grip on the government to continue to execute his stimulus program. The victory was in line with market expectations.
The statement from the 2-day G-20 meeting of finance ministers and central bank chiefs that concluded on Saturday contained little surprising news. The statement said that G-20 countries will pursue "carefully calibrated and clearly communicated" policy moves, which was a clear shot to the Fed after the recent surge in U.S. Treasury yields after Mr. Bernanke in mid-June laid out the Fed's plans for ending QE3. Emerging markets were hit with some serious collateral damage from the surge in U.S. Treasury yields, which caused them to urge Fed Chairman Bernanke to be more careful in discussing the end of QE3. The rest of the industrialize world also generally saw higher yields as well caused by the surge in U.S. Treasury yields.
Japan June supermarket sales rose +2.7% y/y, which was a substantial improvement from May's -1.2% y/y. Japan June convenience store sales rose +0.1% y/y, up from -1.2% y/y in May.

U.S. STOCK PREVIEW

This will be a busy week with a raft of U.S. economic reports, the peak Q2 earnings week, and the Treasury’s auction of $99 billion in 2-year, 5-year and 7-year T-notes. The markets will also be looking ahead to next week’s FOMC meeting (July 30-31) in which there is at least a small chance that the Fed might decide to start tapering QE3. Today’s June existing home sales report is expected to show an increase of +1.4% to 5.25 million, adding to the +4.2% increase to 5.18 million seen in May. There are 8 of the S&P 500 companies that report earnings today: Gannett (consensus $0.58), Hasbro (0.34), Halliburton (0.72), Kimberly Clark (1.39), McDonalds (1.40), Netflix (0.40), Texas Instruments (0.41), Zions Bancorporation (0.41). Conferences this week include: Bio/Pharma Forcasting and Modeling on Tuesday, Fortune Brainstorm TECH 2013 on Tuesday, China Venture Capital & Private Equity Forum on Wed/Thu.
Sep E-mini (ESU13 +0.03%) S&Ps this morning are trading slightly higher by +0.75 points (+0.04%) on (1) general optimism about earnings going into this peak Q2 earnings week, and (2) this morning's sharp 40 bp drop in the Portugal 10-year bond yield on confirmation there will be no early elections that could threaten Portugal's bailout plan. The U.S. stock market on Friday closed mixed. Stocks had opened lower after technology stocks fell when Google and Microsoft reported disappointing Q2 earnings results, but stocks recovered, except for the Nasdaq, after China announced it had removed the floor on lending rates, which may boost bank lending and growth in China that may benefit the global economy. Closes: S&P 500 +0.16%, Dow Jones -0.03%, Nasdaq 100 -1.07%.

OVERNIGHT U.S. STOCK MOVERS

• Kimberly Clark (KMB +0.59%) reported Q2 adjusted EPS this morning of $1.41, slightly above the consensus of $1.39. The company also said it will realign cost structure and streamline European manufacturing.
• Halliburton (HAL +2.44%) reported Q2 EPS of 73 cents, 1 cent above the consensus of 72 cents.
• Facebook (FB -1.15%) will create a streamlined social network for simple phones, according to the NY Times.
• Apple (AAPL -1.58%) said its developers website was taken down because of a hacking attack.
• Hasbro (HAS -2.37%) reported Q2 adjusted EPS of 29 cents, below the consensus of 34 cents.
• Dick's Sporting (DKS -0.55%) was upgraded to Overweight from Equal Weight at Morgan Stanley.

MARKET COMMENTS

Sep 10-year T-notes (ZNU13 +0.10%) this morning are up 4 ticks. Sep 10-year T-note prices on Friday closed higher on carry-over support from Wednesday's and Thursday's comments from Fed Chairman Bernanke that a reduction in Fed bond buying wasn't imminent. A recovery in stocks limited gains in Treasuries. Closes: TYU3 +11.00, FVU3 +5.25.
The dollar index (DXY00 -0.29%) this morning is down -0.29 points (-0.36%) on reduced safe-haven demand with the general strength in global stocks today. EUR/USD (^EURUSD) is up +0.00039 (+0.30%) on Portugal's positive political news. USD/JPY (^USDJPY) is down -0.71 yen (-0.71%) with the yen seeing strength after Prime Minister Abe's LDP party won a decisive victory in upper house elections on Sunday. The dollar index on Friday closed lower on negative carry-over from Fed Chairman Bernanke's comments Thursday that it was "way too early to make any judgment" as to whether the Fed will start to taper its bond purchases. Another negative for the dollar was the recovery in stocks, which reduced the dollar's safe-haven demand. Closes: Dollar index -0.176 (-0.21%), EUR/USD +0.00303 (+0.23%), USD/JPY +0.205 (+0.20%).
Sep WTI (CLU13 +0.31%) crude oil this morning is up +0.53 (+0.49%) and Sep gasoline (RBU13 -0.40%) is up +0.0008 (+0.03%) on general economic optimism today. Crude oil and gasoline prices on Friday closed higher with crude prices rising to a 16-month high and gasoline prices climbing to a 4-month high. Bullish factors include (1) the action by the PBOC to remove the floor for lending rates in China, which may boost bank lending and economic growth, and (2) strength in gasoline on supply concerns after the Philadelphia Energy Solutions refinery and Canada's Irving Oil refinery were shut for repairs, which may limit gasoline supplies on the U.S. East Coast. Closes: CLU3 +0.06 (+0.06%), RBU3 +0.0132 (+0.43%).

GLOBAL EVENT CALENDAR07/22/2013

US	0830 ET	Jun Chicago Fed national activity index, May -0.30.
	1000 ET	Jun existing home sales expected +1.4% to 5.25 million, May +4.2% to 5.18 million.
	1100 ET	USDA weekly grain export inspections.
	1500 ET	USDA Jun Cold Storage.
	1600 ET	USDA Crop Progress.

U.S. STOCK CALENDAR07/22/2013

Company Name	Symbol	Time	Event Description	Period	EPS Est (US$)
Gannett Co Inc	GCI US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.584
Halliburton Co	HAL US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.721
Kimberly-Clark Corp	KMB US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.389
Hasbro Inc	HAS US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	0.343
NVR Inc	NVR US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	11.962
RPM International Inc	RPM US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	0.669
Lennox International Inc	LII US	Bef-mkt	Q2 2013 Earnings Release	Q2 2013	1.191
McDonald's Corp	MCD US	7:58	Q2 2013 Earnings Release	Q2 2013	1.404
Six Flags Entertainment Corp	SIX US	8:00	Q2 2013 Earnings Release	Q2 2013	0.742
Hasbro Inc	HAS US	8:30	Q2 2013 Earnings Call	Q2 2013
Halliburton Co	HAL US	9:00	Q2 2013 Earnings Call	Q2 2013
Six Flags Entertainment Corp	SIX US	9:00	Q2 2013 Earnings Call	Q2 2013
Lennox International Inc	LII US	9:30	Q2 2013 Earnings Call	Q2 2013
Gannett Co Inc	GCI US	10:00	Q2 2013 Earnings Call	Q2 2013
Kimberly-Clark Corp	KMB US	10:00	Q2 2013 Earnings Call	Q2 2013
RPM International Inc	RPM US	10:00	Q4 2013 Earnings Call	Q4 2013
McDonald's Corp	MCD US	11:00	Q2 2013 Earnings Call	Q2 2013
Bank of Hawaii Corp	BOH US	14:00	Q2 2013 Earnings Call	Q2 2013
Netflix Inc	NFLX US	16:05	Q2 2013 Earnings Release	Q2 2013	0.396
Texas Instruments Inc	TXN US	16:30	Q2 2013 Earnings Release	Q2 2013	0.412
WR Berkley Corp	WRB US	17:00	Q2 2013 Earnings Call	Q2 2013
Texas Instruments Inc	TXN US	17:30	Q2 2013 Earnings Call	Q2 2013
Zions Bancorporation	ZION US	17:30	Q2 2013 Earnings Call	Q2 2013
Netflix Inc	NFLX US	18:00	Q2 2013 Earnings Call	Q2 2013
Crane Co	CR US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	1.036
Hexcel Corp	HXL US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.468
IDEX Corp	IEX US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.742
WR Berkley Corp	WRB US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.677
Zions Bancorporation	ZION US	Aft-mkt	Q2 2013 Earnings Release	Q2 2013	0.414
Bank of Hawaii Corp	BOH US		Q2 2013 Earnings Release	Q2 2013	0.83