Financial Tides -- A Stock Market Investing Newsletter by Jim Van Meerten: 2013-10-20

Friday, October 25, 2013

Mineral Technologies - Barchart's Chart of the Day

Mineral Technologies (MTX) is the Chart of the Day. The speciality metals stock has a Trend Spotter buy signal, a Weighted Alpha of 63.04+ and is up over 55.10% in the past year.

The Chart of the Day is Mineral Technologies (MTX). I found the stock by sorting the New High List for frequency the used the flipchart feature to review the stocks. Since the Trend Spotter signaled a buy on 9/10 the stock is up 19.72%

It is a resource and technology-based company that develops, produces and markets on a worldwide basis a broad range of specialty mineral, mineral-based and synthetic mineral products. The Specialty Minerals segment produces and sells precipitated calcium carbonate and lime, and mines, processes and sells the natural mineral products limestone and talc. The Refractories segment produces and markets monolithic and shaped refractory materials and services.

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
17 New highs and up 15.24% in the last month
Relative Strength Index 85.00%
Barchart computes a technical support level at 55.39
Recently traded at 56.10 with a 50 day moving average of 48.84

Fundamental factors:

Market Cap $1.96 billion
P/E 25.48
Dividend yield .36%
Revenue projected to grow 1.20% this year and another 3.40% next year
Earnings estimated to increase 8.60% this year , an additional 14.50% next year and continue to increase at an annual rate of 10.00% for the next 5 years
Financial Strength is B++

Please watch the 50 day moving average for weakness and a exit signal.

The 5 Best Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index for the stocks having the best technical indicators and charts. The list today includes Analogic (ALOG), West Pharmaceutical Services (WST), Globe Specialty Metals (GSM), Affymetrix (AFFX) and Haynes International (HAYN):

Analogic (ALOG)

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 15.82% in the last month
Relative Strength Index 74.67%
Barchart computes a technical support level at 93.63
Recently traded at 93.65 with a 50 day moving average of 82.39

West Pharmaceutical Services (WST)

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 14.59% in the last month
Relative Strength Index 74.94%
Barchart computes a technical support level at 45.29
Recently traded at 46.11 with a 50 day moving average of 40.85

Globe Specialty Metals (GSM)

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 15.31% in the last month
Relative Strength Index 80.40%
Barchart computes a technical support level at 17.53
Recently traded at 17.77 with a 50 day moving average of 15.00

Affymetrix (AFFX)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 19.47% in the last month
Relative Strength Index 74.79%
Barchart computes a technical support level at 7.15
Recently traded at 7.18 with a 50 day moving average of 6.16

Haynes Inrternational (HAYN)

Barchart technical indicators:

80% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 19.90% in the last month
Relative Strength Index 82.01%
Barchart computes a technical support level at 52.67
Recently traded at 53.62 with a 50 day moving average of 47.03

Barchart Morning Call 10/25

BARCHART MORNING CALL

Friday, October 25th, 2013View Older Reports

Everything you need to know about the markets in one free daily newsletter.

You will also receive a free subscription to the Barchart family of newsletters.

OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 +0.03%) this morning are trading slightly lower by -0.10% while the Euro Stoxx 50 index is down -0.23%. Asian stocks today closed lower nearly across the board: Japan -2.75%, Hong Kong -0.60%, China CSI 300 -1.33%, Taiwan -0.80%, Australia +0.25%, Singapore -0.39%, South Korea -0.69%, India -0.20%, Turkey +0.13%. Bearish factors include (1) continued concern about the recent surge in China's 1-month interbank rate on the central bank's refusal to inject liquidity through money market operations, and (2) disappointing sales news today from companies such as Renault and Canon.
Commodity prices are mixed. Dec crude oil (CLZ13 +0.24%) is up +0.37 (+0.38%), but Dec gasoline (RBZ13 -0.68%) is down -0.12 (-0.11%). Dec gold (GCZ13 -0.88%) is down -8.8 (-0.65). Agricultural prices are mixed. The dollar index (DXY00 +0.06%) is slightly higher by +0.03 (+0.04%). EUR/USD (^EURUSD) is down -0.0003 (-0.02%) and USD/JPY (^USDJPY) is down -0.05 (-0.05%). December T-note prices (ZNZ13 +0.05%) are up 2.5 ticks.
The New Zealand dollar fell by -0.4% today against the Australian dollar after the country's central bank chief expressed concern that a stronger currency may hurt trade, which suggested that the bank will not raise interest rates.
Germany's Oct IFO business climate index rose by +0.3 points to 108.0 from 107.7 in Sep, which was stronger than market expectations for a -0.3 point drop to 107.4. However, the Oct IFO expectations index fell by -0.6 points to 103.6 from 104.2, which was weaker than market expectations for a +0.3 point increase to 104.5.
The Eurozone Sep M3 money supply report of +2.1% y/y was down from +2.3% y/y in Aug and was weaker than market expectations of +2.4% y/y. The report indicated weaker money demand in Sep.
The UK Q3 GDP report of +0.8% q/q and +1.5% y/y was up from Q2's +0.7% q/q and +1.3% and was in line with market expectations. UK GDP showed the fastest growth in more than 3 years, which was a boost for the overall global economic outlook.
Japan's Sep national CPI rose +1.1% from +0.9% in Aug and was stronger than market expectations of +0.9%. The report provided some hope that Japan is winning its long battle against deflation. However, Japan's Sep CPI excluding food and energy was unchanged y/y, up from -0.1% in Aug.

U.S. STOCK PREVIEW

Today’s final-Oct U.S. consumer confidence index from the University of Michigan is expected to show a -0.2 point decline to 75.0 from the early-October level of 75.2. Today’s Sep durable goods orders report is expected to show some strength at +2.3% and +0.5% ex-transportation. There are 16 of the S&P 500 companies that report earnings today with notable reports including Procter & Gamble, AbbVie, Moody's Eaton, Rockwell Collins, and UPS. There are no equity conferences scheduled for today.
Dec E-mini S&Ps (ESZ13 +0.03%) this morning are trading slightly lower by -1.75 points (-0.10%) due to lower overseas stocks with Europe down -0.23% and Asian stocks closing mostly lower. The S&P 500 index on Thursday closed higher. Supportive factors included (1) strength in Chinese manufacturing activity after the China Oct HSBC/Markit flash manufacturing PMI rose +0.7 to 50.9, a faster pace of expansion than expectations of +0.2 to 50.4, and (2) healthy Q3 earnings results thus far with 76% of the 212 reporting companies in the S&P 500 beating earnings estimates. Stocks shrugged off the weekly initial jobless claims that fell -12,000 to 350,000, less than expectations of -18,000 to 340,000. Closes: S&P 500 +0.33%, Dow Jones +0.62%, Nasdaq 100 +0.49%.

OVERNIGHT U.S. STOCK MOVERS

Earnings reports that have been released this morning have been mixed. Companies that beat earnings include Weyerhaeuser (WY -0.53%) (0.35 vs 0.21), Simon Property Group (SPG +1.07%) (2.21 vs 2.16), Newell Rubbermaid (NWL -0.48%) (0.52 vs 0.49), Aon (AON -0.36%) (1.13 vs 1.04), Sherwin Williams (SHW +1.32%) (2.68 vs 2.64), Moody's (MCO +1.74%) (0.83 vs 0.81), National Oilwell Varco (NOV +0.41%) (1.34 vs 1.32), Ventas (VTR +0.03%) (1.04 vs 1.02).
Companies that underperformed earnings include DTE Energy (DTE -0.97%) (1.11 vs 1.22), ({=Eaton ETN=}) (1.12 vs 1.124), Procter & Gamble (PG -0.37%) (1.05 vs 1.053), ({=Legg Mason LM=}) (0.54 vs 0.62), and Rockwell Collins (COL +0.29%) (1.28 vs 1.31).
USP (UPS +0.57%) this morning reported Q adjusted EPS of $1.16, which was slightly better than the consensus of $1.15. However, Q3 revenue of $13. 52 billion was slightly below the consensus of $13.60 billion. The company reiterated its full-year guidance of $4.65-4.85, which would be up 3-7% y/y.
Barrons, in its Weekday Trader column, said that Citigroup (C -0.08%) trades at a discount to other financial stocks and if it would trade in line with its peers, then the stock could rise 32%.
Eastman Chemical (EMN -0.51%) reported Q3 EPS ex-items of $1.68, better than consensus of $1.64, but then lowered guidance on fiscal 2013 EPS view to $6.30-$6.40 from $6.40-$6.50, weaker than consensus of $6.48.
Manitowoc (MTW +1.08%) reported Q3 EPS of 39 cents, higher than consensus of 32 cents.
Western Digital (WDC +0.61%) reported Q1 EPS of $2.12, stronger than consensus of $2.05.
NCR Corp. (NCR +0.60%) reported Q3 EPS of 76 cents, better than consensus of 68 cents.
Chubb (CB -0.27%) reported Q3 EPS of $2.06, stronger than consensus of $1.88, and then raised guidance on fiscal 2013 EPS view to $7.90-$8.00 from $7.30-$7.50, well ahead of consensus of $7.65.
Wynn Resorts (WYNN +3.84%) reported Q3 EPS of $1.84, much better than consensus of $1.65.
Principal Financial Group (PFG +1.10%) reported Q3 operating EPS of 90 cents, better than consensus of 87 cents.
Microsoft (MSFT -0.12%) jumped 6% in after-hours trading after it reported Q1 EPS of 62 cents, well ahead of consensus of 54 cents.

MARKET COMMENTS

Dec 10-year T-notes (ZNZ13 +0.05%) this morning are up 2.5 ticks on lower global stocks today. Dec 10-year T-note prices on Thursday closed lower on reduced safe-haven demand as stocks rallied on stronger-than-expected Chinese manufacturing activity. Losses in T-notes were muted on expectations the Fed will not taper QE3 after U.S. weekly jobless claims fell less than expected. Closes: TYZ3 -8, FVZ3 -4.
The dollar index (DXY00 +0.06%) this morning is trading slightly higher by +0.03 points (+0.04%). EUR/USD (^EURUSD) is down -0.0003 (-0.02%) while USD/JPY (^USDJPY) is down -0.05 (-0.05%). The dollar index on Thursday slid to a new 8-3/4 month low on speculation that the smaller-than-expected increase in weekly U.S. unemployment claims will prompt the Fed to maintain QE3. EUR/USD surged to a 23-month high after the German Oct PMI manufacturing index rose +0.4 to 51.5, better than expectations of +0.3 to 51.4. Closes: Dollar index -0.079 (-0.10%), EUR/USD +0.0025 (+0.18%), USD/JPY -0.094 (-0.10%).
Dec WTI crude oil (CLZ13 +0.24%) this morning is up +0.37 (+0.38%) while Dec gasoline (RBZ13 -0.68%) is down -0.12 (-0.11%). Dec crude oil and gasoline prices on Thursday posted 3-3/4 month lows but recovered and closed higher. Dec crude rebounded as equities rallied and after the dollar index fell to an 8-3/4 month low. Dec gasoline closed higher on concern over tighter supplies in the Midwest after a fire forced a closure of Citgo Petroleum’s 170,500 barrel-a-day refinery in Lemont, IL. Closes: CLZ3 +0.25 (+0.26%), RBZ3 +0.0293 (+1.15%).

GLOBAL EVENT CALENDAR10/25/2013

US	0830 ET	Sep durable goods orders expected +2.2% and +0.5% ex transportation, Aug +0.1% and -0.1% ex transportation. Sep capital goods orders non-defense ex-aircraft expected +0.7% m/m, Aug +1.5%.
	0955 ET	Final-Oct University of Michigan U.S. consumer confidence expected -0.2 to 75.0, early-Oct -2.3 to 75.2.
	1000 ET	Aug wholesale inventories expected +0.3% m/m, July +0.1%. Aug wholesale sales expected +0.3% m/m, July +0.1% m/m.
GER	0400 ET	German Oct IFO business climate expected +0.3 to 108.0, Sep 107.7. Oct IFO current assessment expected unch at 111.4, Sep 111.4. Oct IFO expectations expected +0.3 to 104.5, Sep 104.2.
EUR	0400 ET	Eurozone Sep M3 money supply expected +2.4% y/y and +2.3% 3-mo avg, Aug +2.3% y/y and +2.3% 3-mo avg.
UK	0430 ET	UK Q3 GDP expected +0.8% q/q and +1.5% y/y, Q2 +0.7% q/q and +1.3% y/y.
	0430 ET	UK Aug index of services expected +0.4% m/m and +0.5% 3-mo/3-mo, July +0.2% m/m and +0.5% 3-mo/3-mo.

U.S. STOCK CALENDAR10/25/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Newell Rubbermaid Inc	NWL US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.491
Aon PLC	AON US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.026
Procter & Gamble Co/The	PG US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	1.053
AbbVie Inc	ABBV US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.776
Sherwin-Williams Co/The	SHW US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	2.637
DTE Energy Co	DTE US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.216
Moody's Corp	MCO US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.813
Eaton Corp PLC	ETN US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013
Ventas Inc	VTR US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.019
Weyerhaeuser Co	WY US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.212
National Oilwell Varco Inc	NOV US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.315
Legg Mason Inc	LM US	7:00	Q2 2014 Earnings Release	Q2 2014	0.615
Rockwell Collins Inc	COL US	7:30	Q4 2013 Earnings Release	Q4 2013	1.313
United Parcel Service Inc	UPS US	7:45	Q3 2013 Earnings Release	Q3 2013	1.151
Legg Mason Inc	LM US	8:00	Q2 2014 Earnings Call	Q2 2014
Eastman Chemical Co	EMN US	8:00	Q3 2013 Earnings Call	Q3 2013
Aon PLC	AON US	8:30	Q3 2013 Earnings Call	Q3 2013
Avery Dennison Corp	AVY US	8:30	Q3 2013 Earnings Release	Q3 2013	0.638
Procter & Gamble Co/The	PG US	8:30	Q1 2014 Earnings Call	Q1 2014
Express Scripts Holding Co	ESRX US	8:30	Q3 2013 Earnings Call	Q3 2013
United Parcel Service Inc	UPS US	8:30	Q3 2013 Earnings Call	Q3 2013
Gilead Sciences Inc	GILD US		FDA Adcomm, sofosbuvir, Hepatitis C
Twenty-First Century Fox Inc	FOXA US		U.S. Box Office Release of Movie The Counselor""
Harris Corp	HRS US		Annual General Meeting
Simon Property Group Inc	SPG US		Q3 2013 Earnings Release	Q3 2013	2.162

Canadian Solar - buy signals

Yesterday I added Canadian Solar (CSIQ) to the Barchart Van Meerten New High portfolio for positive price momentum and technical indicators:

Barchart technical indicators:

88% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 53.49% in the last month
Relative Strength Index 70.68%
Barchart computes a technical support level at 23.94
Recently traded at 23.36 with a 50 day moving average of 16.46

Thursday, October 24, 2013

West Pharmaceutical Services - Chart of the Day

West Pharmaceutical Services (WST) is the Chart of the Day. The pharmaceutical supplies company has a Trend Spotter buy, a Weighted Alpha of 82.00+ and had a price gain of 74.31% in the last year,

The Chart of the Day is West Pharmaceutical Services (WST). I found the stock by sorting today's New High List for frequency then used the flipchart feature to pan through the list till I found a chart I liked. This one has a nice steady rise and since the Trend Spotter signaled a buy on 9/9 is up 18.88%.

It applies technologies to the process of bringing new drug therapies and healthcare products. Their technologies include the design and manufacture of packaging components for pharmaceutical, healthcare and consumer products; research and development of drug delivery systems; contract manufacturing and packaging services; clinical services; and contract laboratory services and other services that support the manufacturing, filling and packaging of pharmaceutical, healthcare and consumer products.

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 14.05% in the last month
Relative Strength Index 77.08%
Barchart computes a technical support level at 45.67
Recently traded at 46.28 with a 50 day moving average of 40.69

Fundamental factors:

Market Cap $3.20 billion
P/E 32.00
Dividend yield .87%
Revenue projected to grow by 7.90% this year and another 6.60% next year
Earnings estimated to increase 15.90% this year, an additional 15.00% next year and continue to increase annually by 18.20% for the next 5 years
Wall Street analysts issued 2 strong buy and 2 hold recommendations
Financial Strength is B++

With a 74% rise in the last year I'm not sure if there is a lot of stream left but if you buy at this level please watch the 50 day moving average for your exit point.

Wednesday, October 23, 2013

Union First Market Bankshares - Chart of the Day

Union First Market Bankshares (UBSH) is the Chart of the Day. The stock has a Trend Spotter buy signal, 96% technical buy signals and gained 68.33% in the last year. All that and a 2.18% dividend.

The Chart of the Day is Union First Market Bankshares (UBSH). I found the stock by sorting the New High List for frequency then panned through the charts using the Flipchart feature. Normally, I find a stock right near the top of the list but today I had to flip through a lot of chart to find one that I really liked.

It is a community banking organization based in Virginia, providing full-service banking to the Northern, Central, Rappahannock, Tidewater, and Northern Neck regions of Virginia through its bank subsidiaries. Its bank subsidiaries include Union Bank and Trust Company, First Market Bank, Northern Neck State Bank, and Rappahannock National Bank, which provide a range of retail and commercial banking services to consumers and businesses in Virginia.

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 12.12% in the last month
Relative Strength Index 82.41%
Barchart computes a technical support level at 25.31
Recently traded at 25.99 with a 50 day moving average of 23.14

Fundamental factors:

Market Cap $646.33 million
P/E 16.91
Dividend yield 2.18%
Revenue predicted to be up 70.30% next year
Earnings estimated to increase 12.40% this year, an additional 9.70% next year and continue to grow by 8.00% annually for the next 5 years
Wall Street analysts issued 2 strong buy, 3 buy and 2 hold recommendations
Financial Strength is B

This is a strong growing bank but still watch that 50 day moving average for pricing weakness.

The 5 Best Mid Caps

Today I used Barchart to sort the S&P 400 Mid Cap Index to find 5 stocks with the most frequent new highs and positive gains for the last week and month. The list includes Unit Corp (UNT), Minerals Technologies (MTX), Oshkosh Trucks (OSK), Hill-Rom Holdings (HRC) and Stancorp Financial Group (SFG):

Unit Corp (UNT)

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 9.11% in the last month
Relative Strength Index 73.13%
Barchart computes a technical support level at 50.20
Recently traded at 50.44 with a 50 day moving average of 47.23

Minerals Technologies (MTX)

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 14.82% in the last month
Relative Strength Index 83.91%
Barchart computes a technical support level at 54.70
Recently traded at 55.57 with a 50 day moving average of 48.48

Oshkosh Trucks (OSK)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 9.52% in the last month
Relative Strength Index 65.12%
Barchart computes a technical support level at 51.87
Recently traded at 52.10 with a 50 day moving average of 48.16

Hill-Rom Holdings (HRC)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 10.15% in the last month
Relative Strength Index 79.47%
Barchart computes a technical support level at 38.37
Recently traded at 39.16 with a 50 day moving average of 36.04

Stancorp Financial Group (SFG)

Barchart technical indicators:

64% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 10.57% in the last month
Relative Strength Index 69.89%
Barchart computes a technical support level at 57.86
Recently traded at 59.73 with a 50 day moving average of 55.31

BARCHART MORNING CALL 10/23

BARCHART MORNING CALL

Wednesday, October 23rd, 2013View Older Reports

Everything you need to know about the markets in one free daily newsletter.

You will also receive a free subscription to the Barchart family of newsletters.

OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 -0.54%) this morning are down -0.54% and European stocks are down -1.07% as global stocks fall back from their recent rally. Asian stocks closed lower: Japan -1.95%, Hong Kong -1.36%, China -1.12%, Taiwan -0.29%, Australia -0.32%, Singapore -0.17%, South Korea -1.14%, India -0.47%. Global stocks retreated on signs the PBOC may be leaning toward tighter monetary policy as borrowing costs rose. China's 7-day repurchase rate surged 47 bp to 4.05% as the PBOC has refrained from selling reverse-repurchase contracts, which adds funds to the financial system, since Oct 17. European stocks were also dragged lower by a 5% drop in Orange SA after France's largest telecommunications company reported decreased earnings. Also, technology stocks took a hit as STMicroelectronics tumbled over 6% after Europe's biggest semiconductor maker reported a net loss. Commodity prices are mixed. Dec crude oil (CLZ13 -1.33%) is down -1.55% at a new 3-1/2 month low on expectations that today's EIA inventory report will show a 3 million bbl increase in crude supplies. Dec gasoline (RBZ13 -0.39%) is down -0.36% at a 2-week low. Dec gold (GCZ13 -0.79%) is down -0.89% and Dec copper (HGZ13 -1.47%) is down -0.91%. Agricultural and livestock prices are mostly higher. The dollar index (DXY00 +0.14%) is up +0.16%. EUR/USD (^EURUSD) is down -0.27% and USD/JPY (^USDJPY) is down -0.83% at a 2-week low on increased demand for the yen as global stocks slide. December T-note prices (ZNZ13 +0.09%) are up +3 ticks as the 10-year T-note yield slipped to a 3-month low of 2.48% on carry-over support from Tuesday's weaker-than-expected Sep payrolls report that bolstered the outlook for the Fed to maintain QE3.
The minutes of the Oct 9-10 BOE meeting showed that members voted unanimously to keep policy unchanged as economic data pointed to a "robust" recovery. The minutes stated that "The news on the month had continued to suggest a robust recovery in activity," with confidence rising and surveys pointing to growth of about 2% over the second half of the year. "Market rates had fallen back over the month and output appeared to be expanding at least as fast as expected" in August. "All members therefore agreed that there was currently little case for increasing the degree of monetary stimulus further."

U.S. STOCK PREVIEW

Today’s Aug FHFA house price index is expected to show another strong increase of +0.8% m/m, adding to July’s +1.0% m/m increase to a new 5-year high of 205.5. There are 39 of the S&P 500 companies that report earnings today with notable reports including WellPoint, Eli Lilly, AEP, Northrop Grumman, General Dynamics, Motorola Solutions, Nasdaq, Boeing, Bristol-Myers Squibb, Caterpillar, AT&T, and Symantec. Equity conferences this week include: 4th Annual Manufacturing Strategies on Tue-Wed, Oil Council 2013 North America Assembly on Tue-Wed.

OVERNIGHT U.S. STOCK MOVERS

Eli Lilly (LLY +1.01%) reported Q3 EPS of $1.11, better than consensus of $1.04.
Northrop Grumman (NOC +1.26%) reported Q3 EPS of $2.14, stronger than consensus of $1.82.
General Dynamics (GD +0.18%) reported Q3 EPS of $1.84, well ahead of consensus of $1.68.
NASDAQ OMX Group (NDAQ -0.33%) reported Q3 EPS of 66 cents, better than consensus of 62 cents.
Netflix (NFLX -9.15%) fell over 2% in after-hours trading after billionare investor Carl Icahn reported a sale of 2.99 million shares of Netflix.
Unisys (UIS +1.75%) reported Q3 adjusted EPS of 25 cents, weaker than consensus of 40 cents.
Reuters reported that JPMorgan Chase's (JPM -1.20%) $13 billion settlement with the U.S. could cost the bank closer to $9 billion, as most of the deal is expected to be tax deductible.
Apollo Group (APOL +0.10%) jumped over 12% in after-hours tradng after it reported Q4 EPS ex-items of 55 cents, more than double consensus of 25 cents.
C.R. Bard (BCR +0.67%) reported Q3 EPS of $1.50, well ahead of consensus of $1.40.
Corning (GLW +1.72%) soared over 20% in pre-market trading after it reported preliminary Q3 EPS of 33 cents, better than consensus of 32 cents, and said it approved a $2 billion stock buyback and agreed to purchase full ownership of Samsung Electronics' 43% stake in Samsung Corning Precision Materials Co., which makes glass for liquid crystal displays in South Korea.
Broadcom (BRCM -0.66%) fell over 6% in after-hours trading after it reported Q3 adjusted EPS of 76 cents, better than consensus of 69 cents, but then announced it will cut 1,150 jobs as part of a restructuring,
Juniper (JNPR -2.35%) reported preliminary Q3 EPS of 33 cents, better than consensus of 31 cents.
Amgen (AMGN +2.26%) reported Q3 EPS of $1.94, stronger than consensus of $1.77, and then raised guidance on fiscal 2013 EPS to $7.35 to $7.45, better than consensus of $7.32.
FMC Technologies (FTI -0.45%) reported Q3 EPS of 49 cents, well below consensus of 59 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 -0.54%) this morning are down -9.50 points (-0.54%). The S&P 500 index on Tuesday surged to yet another record high and closed higher. Stocks rallied on bullish factors that included (1) the +148,000 increase in Sep non-farm payrolls, less than expectations of +180,000, which nearly assures that the Fed will not taper QE3 until at least next year, (2) the +0.6% increase in Aug construction spending, better than expectations of +0.4%, and (3) strong Q3 earnings results thus far as 73% of the 131 S&P 500 companies that have released earnings have beaten estimates. Closes: S&P 500 +0.57%, Dow Jones +0.49%, Nasdaq 100 +0.17%.
Dec 10-year T-notes (ZNZ13 +0.09%) this morning are up +3 ticks and the 10-year T-note yield fell below 2.50% for the first time in 3 months. Dec 10-year T-note prices on Tuesday closed higher and the 10-year T-note field fell to a 3-month low of 2.51%. The main bullish factor for T-note prices was the smaller-than-expected increase in Sep non-farm payrolls that bolstered speculation the Fed will maintain its $85 billion a month of bond purchases. Closes: TYZ3 +24, FVZ3 +11.25.
The dollar index (DXY00 +0.14%) this morning is up +0.128 (+0.16%). EUR/USD (^EURUSD) is down -0.0037 (-0.27%) and USD/JPY (^USDJPY) is down -0.81 (-0.83%) at a 2-week low. The dollar index on Tuesday tumbled to an 8-1/2 month low and closed lower after the smaller-than-expected increase in Sep non-farm payrolls boosted speculation the Fed will refrain from tapering QE3. EUR/USD posted a 1-3/4 year high as prices surged on technical buying after the euro accelerated above 1.37 per dollar. Closes: Dollar index -0.465 (-0.58%), EUR/USD +0.0100 (+0.73%), USD/JPY -0.054 (-0.05%).
Dec WTI crude oil (CLZ13 -1.33%) this morning is down -$1.52 (-1.55%) at a 3-1/2 month low and Dec gasoline (RBZ13 -0.39%) is down -0.0094 (-0.36%) at a 2-week low. Dec crude oil and gasoline prices on Tuesday erased an early rally and closed lower. Dec crude prices fell to a 3-1/2 month low on bearish factors that included (1) negative carry-over from Monday's EIA inventory report that showed a +4.0 million bbl increase in EIA crude inventories to a 3-1/2 month high, (2) concern about U.S. energy demand after Sep non-farm payrolls rose less than expected, and (3) expectations that Wednesday's EIA inventory data will show crude oil stockpiles rose for a fifth week. Closes: CLZ3 -1.38 (-1.38%), RBZ3 -0.0333 (-1.26%).

GLOBAL EVENT CALENDAR10/23/2013

US	0700 ET	Weekly MBA mortgage applications, previous +0.3% with purchase sub-index -4.8% and refi sub-index +3.3%.
	0830 ET	Sep import prices expected +0.2% m/m and -1.0% y/y, Aug unch m/m and -0.4% y/y.
	0900 ET	Aug FHFA house price index purchase-only expected +0.8% m/m, July +1.0% m/m.
	1030 ET	EIA Weekly Petroleum Status Report.
UK	0430 ET	Minutes of the Oct 9-10 BOE policy meeting.
EUR	1000 ET	Eurozone Oct consumer confidence expected +0.4 to -14.5, Sep -14.9.
CHI	2145 ET	China Oct HSBC/Markit flash manufacturing PMI expected +0.2 to 50.4, Sep +0.1 to 50.2.

U.S. STOCK CALENDAR10/23/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Dr Pepper Snapple Group Inc	DPS US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.834
Nielsen Holdings NV	NLSN US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.482
Prologis Inc	PLD US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.412
Lorillard Inc	LO US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.807
Hudson City Bancorp Inc	HCBK US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.082
WellPoint Inc	WLP US	6:00	Q3 2013 Earnings Release	Q3 2013	1.818
Thermo Fisher Scientific Inc	TMO US	6:00	Q3 2013 Earnings Release	Q3 2013	1.282
Wyndham Worldwide Corp	WYN US	6:30	Q3 2013 Earnings Release	Q3 2013	1.362
Eli Lilly & Co	LLY US	6:30	Q3 2013 Earnings Release	Q3 2013	1.038
American Electric Power Co Inc	AEP US	6:57	Q3 2013 Earnings Release	Q3 2013	1.082
Motorola Solutions Inc	MSI US	7:00	Q3 2013 Earnings Release	Q3 2013	1.019
Northrop Grumman Corp	NOC US	7:00	Q3 2013 Earnings Release	Q3 2013	1.817
Allegheny Technologies Inc	ATI US	7:00	Q3 2013 Earnings Release	Q3 2013	-0.279
General Dynamics Corp	GD US	7:00	Q3 2013 Earnings Release	Q3 2013	1.678
NASDAQ OMX Group Inc/The	NDAQ US	7:00	Q3 2013 Earnings Release	Q3 2013	0.622
Airgas Inc	ARG US	7:30	Q2 2014 Earnings Release	Q2 2014	1.232
Boeing Co/The	BA US	7:30	Q3 2013 Earnings Release	Q3 2013	1.515
Bristol-Myers Squibb Co	BMY US	7:30	Q3 2013 Earnings Release	Q3 2013	0.442
Caterpillar Inc	CAT US	7:30	Q3 2013 Earnings Release	Q3 2013	1.674
Molex Inc	MOLX US	7:30	Q1 2014 Earnings Release	Q1 2014	0.373
Motorola Solutions Inc	MSI US	8:00	Q3 2013 Earnings Call	Q3 2013
Norfolk Southern Corp	NSC US	8:00	Q3 2013 Earnings Release	Q3 2013	1.388
NASDAQ OMX Group Inc/The	NDAQ US	8:00	Q3 2013 Earnings Call	Q3 2013
WellPoint Inc	WLP US	8:30	Q3 2013 Earnings Call	Q3 2013
Nielsen Holdings NV	NLSN US	8:30	Q3 2013 Earnings Call	Q3 2013
Allegheny Technologies Inc	ATI US	8:30	Q3 2013 Earnings Call	Q3 2013
Wyndham Worldwide Corp	WYN US	8:30	Q3 2013 Earnings Call	Q3 2013
Thermo Fisher Scientific Inc	TMO US	8:30	Q3 2013 Earnings Call	Q3 2013
ACE Ltd	ACE US	8:30	Q3 2013 Earnings Call	Q3 2013
Norfolk Southern Corp	NSC US	8:45	Q3 2013 Earnings Call	Q3 2013
American Electric Power Co Inc	AEP US	9:00	Q3 2013 Earnings Call	Q3 2013
Parker Hannifin Corp	PH US	9:00	Annual General Meeting	Y 2013
Lorillard Inc	LO US	9:00	Q3 2013 Earnings Call	Q3 2013
FMC Technologies Inc	FTI US	9:00	Q3 2013 Earnings Call	Q3 2013
General Dynamics Corp	GD US	9:00	Q3 2013 Earnings Call	Q3 2013
Eli Lilly & Co	LLY US	9:00	Q3 2013 Earnings Call	Q3 2013
Molex Inc	MOLX US	9:30	Q1 2014 Earnings Call	Q1 2014
Airgas Inc	ARG US	10:00	Q2 2014 Earnings Call	Q2 2014
Citigroup Inc	C US	10:00	Q3 2013 Earnings Call - Fixed Income	C3 2013
Bristol-Myers Squibb Co	BMY US	10:00	Q3 2013 Earnings Call	Q3 2013
Boeing Co/The	BA US	10:30	Q3 2013 Earnings Call	Q3 2013
Dr Pepper Snapple Group Inc	DPS US	11:00	Q3 2013 Earnings Call	Q3 2013
Caterpillar Inc	CAT US	11:00	Q3 2013 Earnings Call	Q3 2013
Nabors Industries Ltd	NBR US	11:00	Q3 2013 Earnings Call	Q3 2013
Equifax Inc	EFX US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.884
Varian Medical Systems Inc	VAR US	Aft-mkt	Q4 2013 Earnings Release	Q4 2013	1.113
Leggett & Platt Inc	LEG US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.437
LSI Corp	LSI US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.161
Symantec Corp	SYMC US	Aft-mkt	Q2 2014 Earnings Release	Q2 2014	0.437
AvalonBay Communities Inc	AVB US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.175
Assurant Inc	AIZ US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.504
F5 Networks Inc	FFIV US		Q4 2013 Earnings Release	Q4 2013	1.187

Groupon Sell Signals

Today I deleted Groupon (GRPN) from the Barchart Van Meerten New High portfolio for negative technical indicators:

Hourly Trading Chart:

Barchart technical indicators:

60% Barchart short term sell signals
Trend Spotter sell signal
Below its 20 and 50 day moving averages
23.58% off its recent high
Relative Strength Index 36.15%

Tuesday, October 22, 2013

Validus Holdings - Chart of the Day

Validus Holdings (VR) is the Chart of the Day. The stock has a Trend Spotter buy signal, 96% technical buy signals and a 3.07% dividend yield.

The Chart of the Day is Validus Holdings (VR). I found the stock at the top of the New High List when I sorted for frequency. Since the Trend Spotter signaled a buy on 9/10 the stock is up 9.52%. The yield of 3.07 and low P/E of 11.08 is attractive.

It is a global provider of short-tail lines of reinsurance including property catastrophe, property pro-rata and property per risk, marine and energy, and other specialty lines. Validus was formed in December following the significant natural catastrophes of 2005 with an experienced management team and an unencumbered capital base of approximately $1 billion.

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
18 new highs and up 7.57% in the last month
Relative Strength Index 73.76%
Barchart computes a technical support level at 38.66
Recently traded at 39.28 with a 50 day moving average of 36.39

Fundamental factors:

Market Cap $4.10 billion
P/E 11.08
Dividend yield 3.07%
Revenue projected to grow 15.70% this year and another 4.60% next year
Earnings estimated to increase by 73.00% this year and continue to increase at an annual rate of 15.58% for the next 5 years
Wall Street analysts issued 1 strong buy, 6 buy and 4 hold recommendations

Watch the 50 day moving average for signs of weakness.

The 5 Best Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index for the stocks having the most frequent new highs and gains for both the last week and last month. Today's list includes WPX Energy (WPX), Southwest Airlines (LUV), Wynn Resorts (WYNN), NYSE Euronext (NYX), and Seagate Technology (STX):

WPX Energy (WPX)

Barchart technical indicators:

100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 20.15% in the last month
Relative Strength Index 79.29%
Barchart computes a technical support level at 22.14
Recently traded at 22.85 with a 50 day moving average of 19.54

Southwest Airlines (LUV)

Barchart technical indicators:

100% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 14.43% in the last month
Relative Strength Index 85.73%
Barchart computes a technical support level at 15.88
Recently traded at 16.50 with a 50 day moving average of 14.17

Wynn Resorts (WYNN)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 10.99% in the last month
Relative Strength Index 79.91%
Barchart computes a technical support level at 170.99
Recently traded at 171.26 with a 50 day moving average of 152.44

NYSE Euronext (NYX)

Barchart technical indicators:

96% Barchar technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 6.88% in the last month
Relative Strength Index 69.44%
Barchart computes a technical support level at 44.49
Recently traded at 44.723 with a 50 day moving average of 42.69

Seagate Technology (STX)

Barchart technical indicators:

80% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 20.27% in the last month
Relative Strength Index 74.23%
Barchart computes a technical support level at 48.78
Recently traded at 49.65 with a 50 day moving average of 42.51

BARCHART MORNING CALL 10/22

BARCHART MORNING CALL

Tuesday, October 22nd, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 +0.01%) this morning are down -0.06% and European stocks are up +0.02% as the markets await this morning's U.S. Sep payrolls report for clues as to when the Fed may start to taper QE3. The payrolls report has been delayed over 2 weeks because of the partial government shutdown. Asian stocks closed mixed: Japan +0.13%, Hong Kong -0.52%, China -1.03%, Taiwan -0.01%, Australia +0.40%, Singapore +0.45%, South Korea -0.04%, India -0.14%. China's Shanghai Stock Index closed down over -1.00%, led by a slide in property developers, after home prices in China's four major cities rose by the most in 2-3/4 years and boosted speculation the government may tighten property curbs. Commodity prices are mixed. Dec crude oil (CLZ13 -0.27%) is down -0.25% at a 3-1/2 month low on negative carryover from Monday's EIA inventory report that showed U.S. crude inventories jumped to a 3-1/2 month high. Dec gasoline (RBZ13 +0.35%) is up +0.32%. Dec gold (GCZ13 -0.12%) is down -0.19% and Dec copper (HGZ13 +0.26%) is up +0.03%. Agricultural and livestock prices are mixed. The dollar index (DXY00 +0.04%) is up +0.05%. EUR/USD (^EURUSD) is down -0.04% and USD/JPY (^USDJPY) is up +0.16%. December T-note prices (ZNZ13 +0.02%) are up +1 tick.
China Sep property prices rose +20% y/y in Shenzhen and Guangzhou, +17% y/y in Shanghai and +16% y/y in Beijing, the biggest increases in 2-3/4 years, which raises concern of a property bubble than forces the government to tighten policies to rein in rising prices.
UK Sep public sector net borrowing rose +9.4 billion pounds, slower than expectations of +10.0 billion pounds, while Aug was revised down to an increase of +10.8 billion pounds from the originally reported +11.5 billion pounds.

U.S. STOCK PREVIEW

The postponed September U.S. unemployment report will be released today. Sep non-farm payrolls are expected to show an increase of +180,000, improving from August’s report of +169,000. Today’s Sep unemployment rate is expected to be unchanged from August’s report of 7.3%. Today’s Oct Richmond Fed manufacturing index is expected to be unchanged at 0.0, stabilizing after the -14.0 point drop to 0.0 seen in September. There are 30 of the S&P 500 companies that report earnings today with notable reports including Travelers, United Technologies, Delta Airlines, State Street, Kimberley-Clark, McGraw Hill, Robert Half, Broadcorp, and Amgen.
Equity conferences this week include: 15th Nikkei Global Management Forum on Mon-Tue, Bloomberg Dealmakers Summit on Tue, 4th Annual Manufacturing Strategies on Tue-Wed, Oil Council 2013 North America Assembly on Tue-Wed.

OVERNIGHT U.S. STOCK MOVERS

EMC Corp. (EMC +0.64%) reported Q3 EPS of 40 cents, below consensus of 45 cents.
Travelers Cos. (TRV +0.21%) reported Q3 EPS of $2.35, well ahead of consensus of $2.09.
Lockheed Martin (LMT -2.79%) reported Q3 EPS of $2.57, stronger than consensus of $2.27.
Harley-Davidson (HOG -0.27%) reported Q3 EPS of 73 cents, better than consensus of 72 cents.
Whirlpool (WHR -1.84%) reported Q3 EPS of $2.72, stronger than consensus of $2.63.
Delta Air Lines (DAL -1.28%) reported Q3 EPS of $1.41, better than consensus of $1.35.
Transocean (RIG +1.48%) rose over 4% in pre-market trading after it was announced that it will replace Dell (DELL +0.14%) in the S&P 500 as of the 10/28 close.
TJX (TJX -0.33%) raised its Q3 adjusted EPS view to 73 cents-74 cents from 69 cents-72 cents, better than consensus of 72 cents.
Texas Instruments (TXN +0.69%) fell over 3% in pre-market trading after it reported Q3 EPS of 56 cents, higher than consensus of 53 cents, but lowered guidance on Q4 EPS to 42 cents to 50 cents, below consensus of 51 cents.
Rent-A-Center (RCII +0.33%) reported Q3 EPS of 51 cents, well below consensus of 65 cents, and lowered guidance on fiscal 2013 EPS view to $2.80-$2.85, below consensus of $3.11.
Kohl's (KSS -0.54%) reported that its stores will open at 8 p.m. on Thanksgiving Day Nov 28 and remain open for 28 straight hours through midnight Friday Nov 29 nationwide.
W. R. Berkley (WRB -0.20%) reported Q3 operating EPS of 77 cents, higher than consensus of 74 cents.
Discover (DFS -0.39%) fell 4% in after-hours trading after it reported Q3 EPS of $1.20, below consensus of $1.21.
VMware (VMW +1.50%) surged 13% in after-hours trading after it reported Q3 EPS of 84 cents, better than consensus of 82 cents.
Netflix (NFLX +6.44%) jumped 11% in after-hours trading after it reported Q3 EPS of 52 cents, better than consensus of 49 cents, and raised guidance on Q4 EPS to 47 cents to 73 cents, above consensus of 46 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 +0.01%) this morning are down -1.00 point (-0.06%). The S&P 500 index on Monday posted another record high but fell back and closed little changed. Stocks received support on speculation the Fed will maintain stimulus after Chicago Fed President Evans said tapering QE3 "is going to take longer" because of the fiscal strife in Washington. Negative factors for stocks included (1) concerns over global economic growth after Japan Sep exports rose +11.5% y/y, weaker than expectations of +15.6% y/y, and (2) long liquidation ahead of the release of the U.S. Sep employment report on Tuesday. Closes: S&P 500 +0.01%, Dow Jones -0.05%, Nasdaq 100 +0.22%.
Dec 10-year T-notes (ZNZ13 +0.02%) this morning are up +1 tick. Dec 10-year T-note prices on Monday closed lower. Negative factors for T-note prices included (1) reduced safe-haven demand after the S&P 500 rallied up to a fresh all-time high, and (2) position squaring ahead of Tuesday's Sep non-farm payrolls report. Losses were limited after Chicago Fed President Evans said tapering QE3 "is going to take longer" because of the fiscal strife in Washington. Closes: TYZ3 -4.5, FVZ3 -2.50.
The dollar index (DXY00 +0.04%) this morning is up +0.043 (+0.05%). EUR/USD (^EURUSD) is down -0.0005 (-0.04%) and USD/JPY (^USDJPY) is up +0.16 (+0.16%). The dollar index on Monday close slightly higher. The dollar rose as the yen weakened after Japan Sep exports climbed +11.5% y/y, weaker than expectations of +15.6% y/y, and after BOJ Governor Kuroda who said the BOJ will continue easing until 2% inflation has been sustainably achieved. Closes: Dollar index +0.041 (+0.05%), EUR/USD -0.0009 (-0.07%), USD/JPY +0.447 (+0.46%).
Dec WTI crude oil (CLZ13 -0.27%) this morning is down -25 cents (-0.25%) at a fresh 3-1/2 month low and Dec gasoline (RBZ13 +0.35%) is up +0.0084 (+0.32%). Dec crude oil and gasoline prices on Monday closed lower as crude prices fell to a 3-1/2 month low. Bearish factors included (1) the +4.0 million bbl increase in EIA crude inventories to a 3-1/2 month high of 374.5 million bbl for the week ended Oct 11, more than expectations of +3.0 million bbl and (2) the +366,000 barrel increase in inventories at Cushing, OK, the delivery point for WTI futures. Limiting losses in gasoline was the -2.57 million bbl decline in weekly EIA gasoline inventories, more than expectations of -1.0 million bbl. Closes: CLZ3 -1.43 (-1.41%), RBZ3 -0.0157 (-0.59%).

GLOBAL EVENT CALENDAR10/22/2013

US	0830 ET	Sep non-farm payrolls expected +180,000, Aug +169,000. Sep private payrolls expected +180,000, Aug +152,000. Sep manufacturing payrolls expected +5,000, Aug +14,000. Sep unemployment rate expected unch at 7.3%, Aug -0.1 to 7.3%.
	0830 ET	Sep avg hourly earnings expected +0.2% m/m and +2.1% y/y, Aug +0.2% m/m and +2.2% y/y. Sep avg weekly hours expected unch at 34.5 hours, Aug 34.5 hours.
	1000 ET	Oct Richmond Fed manufacturing index expected unchanged at 0.0, Sep -14.0 to 0.0.
	1500 ET	Sep USDA Cold Storage.
	1630 ET	API weekly U.S. oil statistics.
UK	0430 ET	UK Sep public sector net borrowing expected +10.0 billion pounds, Aug +11.5 billion pounds.

U.S. STOCK CALENDAR10/22/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Pentair Ltd	PNR US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.856
Lockheed Martin Corp	LMT US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	2.266
Ryder System Inc	R US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.445
Travelers Cos Inc/The	TRV US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	2.085
United Technologies Corp	UTX US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.543
Delta Air Lines Inc	DAL US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.348
Freeport-McMoRan Copper & Gold Inc	FCX US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.625
Harley-Davidson Inc	HOG US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.715
Sigma-Aldrich Corp	SIAL US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.993
State Street Corp	STT US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.18
Kimberly-Clark Corp	KMB US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.397
Reynolds American Inc	RAI US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.856
Forest Laboratories Inc	FRX US	Bef-mkt	Q2 2014 Earnings Release	Q2 2014	0.143
EI du Pont de Nemours & Co	DD US	6:00	Q3 2013 Earnings Release	Q3 2013	0.408
Whirlpool Corp	WHR US	6:00	Q3 2013 Earnings Release	Q3 2013	2.632
Regions Financial Corp	RF US	7:00	Q3 2013 Earnings Release	Q3 2013	0.213
EMC Corp/MA	EMC US	7:00	Q3 2013 Earnings Release	Q3 2013	0.453
Coach Inc	COH US	7:00	Q1 2014 Earnings Release	Q1 2014	0.763
Waters Corp	WAT US	7:00	Q3 2013 Earnings Release	Q3 2013	1.225
McGraw Hill Financial Inc	MHFI US	7:15	Q3 2013 Earnings Release	Q3 2013	0.773
EMC Corp/MA	EMC US	8:30	Q3 2013 Earnings Call	Q3 2013
Coach Inc	COH US	8:30	Q1 2014 Earnings Call	Q1 2014
Waters Corp	WAT US	8:30	Q3 2013 Earnings Call	Q3 2013
McGraw Hill Financial Inc	MHFI US	8:30	Q3 2013 Earnings Call	Q3 2013
Pentair Ltd	PNR US	9:00	Q3 2013 Earnings Call	Q3 2013
Travelers Cos Inc/The	TRV US	9:00	Q3 2013 Earnings Call	Q3 2013
EI du Pont de Nemours & Co	DD US	9:00	Q3 2013 Earnings Call	Q3 2013
United Technologies Corp	UTX US	9:00	Q3 2013 Earnings Call	Q3 2013
Harley-Davidson Inc	HOG US	9:00	Q3 2013 Earnings Call	Q3 2013
Reynolds American Inc	RAI US	9:00	Q3 2013 Earnings Call	Q3 2013
State Street Corp	STT US	9:30	Q3 2013 Earnings Call	Q3 2013
Broadcom Corp	BRCM US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.682
ACE Ltd	ACE US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	2.247
Nabors Industries Ltd	NBR US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.19
FMC Technologies Inc	FTI US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.586
Amgen Inc	AMGN US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.775
Juniper Networks Inc	JNPR US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.311
Cintas Corp	CTAS US		Annual General Meeting