Financial Tides -- A Stock Market Investing Newsletter by Jim Van Meerten: 2013-10-27

Friday, November 1, 2013

Ferro Corp Chart of the Day

Ferro Corp (FOE) is the Chart of the Day. The specialty materials stock was found by sorting the stocks on the New High List for Weighted Alpha. The stock has a Trend Spotter buy signal, a Weighted Alpha of 304.33+ and gained 383.02% in the last year.

The Chart of the Day is Ferro Corp (FOE). I found the stock by sorting the New High List for Weighted Alpha. Since the Trend Spotter signaled a buy on 8/9 the stock shot up 74.39%.

It is a worldwide producer of specialty materials for industry by organic and inorganic chemistry. It operates in 21 countries worldwide. They produce a variety of specialty coatings, colors, ceramics, plastics, chemicals, and related products and services. Their most important product is frit produced for use in porcelain enamels and ceramic glazes. Specialty materials require a high degree of technical service on an individual customer basis.

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 signal
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 35.88% in the last month
Relative Strength Index 84.57%
Barchart computes a technical support level at 12.08
Recently traded at 12.80 with a 50 day moving average of9.40

Fundamental factors:

Market Cap $1.11 billion
P/E 36.66
Analysts predict revenue will rise next year by 2.40%
Earnings are estimated to increase by 366.70% this year, an additional 61.90% next year and continue to grow at an annual rate of 21.852% for the next 5 years
Wall Street analysts issued 2 buy and 8 hold recommendations
Financial Strength is C++

Watch the 50 day moving average for momentum weakness.

5 Interesting Stocks

Today I used Barchart to sort the NASDAQ 100 Stock Index to find 5 interesting stocks. I first sorted for the most frequent new highs then made sure they had positive results for both the last week and month. The list includes Intel (INTC), Comcast (CMCSA), Gilead Sciences (GILD), Intuit (INTU) and Henry Schein (HSIC):

Intel (INTC)

Barchart technical indicators:

56% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 6.70% in the last month
Relative Strength Index 63.87%
Barchart computes a technical support level at 24.24
Recently traded at 24.37 with a 50 day moving average of 23.26

Comcast (CMCSA)

Barchart technical indicators:

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 5.57% in the last month
Relative Strength Index 64.74%
Barchart computes a technical support level at 45.83
Recently traded at 48.20 with a 50 day moving average of 44.87

Gilead Sciences (GILD)

Barchart technical indicators:

96% Barchart technical buy signals:
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
14 new highs and up 12.69% in the last month
Relative Strength Index 64.61%
Barchart computes a technical support level at 69.84
Recently traded at 70.76 with a 50 day moving average of 63.90

Intuit (INTU)

Barchart technical indicators

96% Barchart technical buy signals
Trend Spotter buy signal
above its 20, 50 and 100 day moving averages
14 new highs and up 7.13% in the last month
Relative Strength Index 74.71%
Barchart computes a technical support level at 70.97
Recently traded at 71.15 with a 50 day moving average of 66.70

Henry Schein (HSIC)

Barchart technical indicators:

88% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
13 new highs and up 6.78% in the last month
Relative Strength Index 67.88%
Barchart computes a technical support level at 110.54
Recently traded at 112.40 with a 50 day moving average of 106.18

BARCHART MORNING CALL 11/1

BARCHART MORNING CALL

Friday, November 1st, 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 +0.19%) this morning are up +0.10% and European stocks are down -0.38%. Asian stocks closed mixed: Japan -0.88%, Hong Kong +0.19%, China +0.47%, Taiwan -0.73%, Australia -0.26%, Singapore -0.29%, South Korea +0.64%, India +0.15%. Supporting stock prices today is strength in Chinese manufacturing activity which expanded last month at the fastest pace in 15-months. European stocks were undercut by a -3.1% decline in Royal Bank of Scotland after Britain's biggest publicly owned bank said it will write down as much as 4.5 billion pounds ($7.2 billion) in Q4, which will result in a "substantial" full-year loss. Also, Renault SA, France's second-biggest carmaker, dropped 3.5% after its partner Nissan Motor cut its full-year profit forecast by 15% due to weak sales in Europe and Asia. Japanese stocks were dragged lower by an 11% slump in Sony after the company lowered its full-year profit forecast by 40% on weak television and digital camera demand. Chinese stocks received a boost from a -0.41 point decline in China's 7-day repurchase rate to a 1-week low of 4.636% after the PBOC added a net 29.1 billion yuan ($4.8 billion) via money-market operations in the last 4 days. Commodity prices are mostly lower. Dec crude oil (CLZ13 -0.19%) is down -0.15%. Dec gasoline (RBZ13 +0.03%) is down -0.05%. Dec gold (GCZ13 -0.54%) is down -0.66% at a 1-week low and Dec copper (HGZ13 +0.50%) is up +0.48%. Agricultural and livestock prices are mixed. The dollar index (DXY00 +0.40%) is up +0.34% at a 2-week high. EUR/USD (^EURUSD) is down -0.37% at a 2-week low on speculation that slowing inflation and record unemployment in the Eurozone may prompt the ECB to lower interest rates as soon as its meeting next week. USD/JPY (^USDJPY) is down -0.08%. December T-note prices (ZNZ13 -0.27%) are down -8 ticks.
The China Oct manufacturing PMI rose +0.3 to 51.4, better than expectations of +0.1 to 51.2 and the fastest pace of expansion in 1-1/2 years.
UK Oct manufacturing PMI fell -0.3 from a downward revised 56.3 in Sep to 56.0, lower than expectations of -0.3 to 56.4.
Japan Oct vehicle sales climbed +17.3% y/y, the most in 15-months.

U.S. STOCK PREVIEW

Today’s Oct ISM manufacturing index is expected to show a -1.2 point decline to 55.0, more than reversing the +0.5 point increase to 56.2 seen in September. Today’s Oct total vehicle sales report is expected to improve to 15.40 million units from 15.21 million units in September. There are 5 of the S&P 500 companies that report earnings today: NextEra (consensus $1.39), Chevron (2.70), Washington Post, Berkshire Hathaway (2402.90), and Life Technologies (0.96). There are no equity conferences today.

OVERNIGHT U.S. STOCK MOVERS

Facebook (FB +2.45%) was upgraded to 'Buy' from 'Hold' at Argus with a price target of $64.
Netflix (NFLX +1.36%) was upgraded to 'Outperform' from 'Neutral' at RW Baird who raised their price target on the stock to $420 from $383.
WellCare (WCG +0.68%) reported Q3 adjusted EPS of $1.56, better than consensus of $1.52, but then lowered guidance on fiscal 2013 EPS to $4.70-$4.80 from $4.70-$4.90, below consensus of $4.91.
Citigroup reiterated its 'Buy' raing on Mastercard (MA -1.18%) and raised its price target oon the stock to $835 from $710.
Bebe stores (BEBE +0.33%) was downgraded to 'Neutral' from 'Buy' at Janney Capital.
PetSmart (PETM -0.07%) was downgraded to 'Neutral' from 'Buy' at BofA/Merrill.
Greenbrier ({=GBX was upgraded to 'Buy' from 'Underperform' at BofA/Merrill.
MDU Resources (MDU -0.17%) reported Q3 adjusted EPS of 49 cents, better than consensus of 46 cents, and then raised guidance on fiscal 2013 adjusted EPS view to $1.35-$1.45 from $1.30-$1.40.
Barrick Gold (ABX -5.41%) filed to sell 163.5 million shares of common stock.
Northeast Utilities (NU -0.53%) reported Q3 EPS of 66 cents, weaker than consensus of 73 cents.
Gabelli reported a 5.05% stake in Global Sources (GSOL -3.48%) .
Republic Services (RSG +0.36%) reported Q3 EPS of 55 cents, higher than consensus of 50 cents.
Newmont Mining (NEM -2.78%) reported Q3 EPS of 46 cents, well ahead of consensus of 32 cents.
Oaktree Capital reported a 6.8% stake in Contango Oil & Gas (MCF -2.08%) .
MRC Global (MRC -0.78%) reported Q3 adjusted EPS of 40 cents, weaker than consensus of 45 cents.
First Solar (FSLR -2.12%) climbed 8% in pre-market trading after it reported Q3 EPS ex-charges of $2.28, more than double consensus of $1.00, and then raised guidance on fiscal 2013 EPS view to $4.25-$4.50 from $3.75-$4.25, well above consensus of $3.77.
Fluor (FLR -2.35%) reported Q3 EPS of $1.05, better than consensus of $1.04.
Mohawk (MHK -0.38%) reported Q3 EPS ex-items of $2.02, well above consensus of $1.90.
AIG (AIG -0.62%) reported Q3 EPS of 96 cents, higher than consensus of 95 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 +0.19%) this morning are up +1.75 points (+0.10%). The S&P 500 index on Thursday closed lower. Strong Q3 earnings results gave stocks an early lift as 76% of the 356 reporting S&P 500 companies have beaten estimates. Stocks fell back, though, on concern the Fed may start to taper QE3 as soon as next month after the Chicago Oct PMI unexpectedly jumped +10.2 to 65.9, stronger than expectations of a -0.7 point decline to a 2-1/2 year high of 55.0. Closes: S&P 500 -0.38%, Dow Jones -0.47%, Nasdaq 100 -0.23%.
Dec 10-year T-notes (ZNZ13 -0.27%) this morning are down -8 ticks. Dec 10-year T-note prices on Thursday dropped to a 1-week low and closed lower. The surge in the Chicago Oct PMI to its fastest pace of expansion in 2-1/2 years undercut T-note prices as it bolstered speculation the Fed may taper QE3 as soon as next month. Closes: TYZ3 -5.0, FVZ3 +0.25.
The dollar index (DXY00 +0.40%) this morning is up +0.272 (+0.34%) at a 2-week high. EUR/USD (^EURUSD) is down -0.0050 (-0.37%) at a 2-week low. USD/JPY (^USDJPY) is down -0.08 (-0.08%). The dollar index on Thursday rallied sharply to a 2-week high and closed higher. An unexpected increase in the Chicago Oct PMI to its fastest pace of expansion in 2-1/2 years boosted the dollar as it bolstered speculation the Fed may start to taper QE3 as soon as the Dec 17-18 FOMC meeting. EUR/USD tumbled to a 2-week low on speculation the ECB may cut interest rates further after the Eurozone Oct CPI eased to a 3-3/4 year low of +0.7% y/y, weaker than expectations of +1.1% y/y. Closes: Dollar index +0.418 (+0.52%), EUR/USD -0.01521 (-1.11%), USD/JPY -0.154 (-0.16%).
Dec WTI crude oil (CLZ13 -0.19%) this morning is down -14 cents (-0.15%) and Dec gasoline (RBZ13 +0.03%) is down -0.0012 (-0.05%). Dec crude oil and gasoline prices on Thursday closed lower. Negative factors included (1) the rally in the dollar index to a 2-week high, and (2) negative carry-over from Wednesday’s EIA report that showed weekly crude stockpiles climbed +4.09 million bbls to a 4-month high of 383.9 million bbls. Closes: CLZ3 -0.39 (-0.40%), RBZ3 -0.0286 (-1.09%).

GLOBAL EVENT CALENDAR11/01/2013

US	0910 ET	St. Louis Fed President James Bullard speaks to the St. Louis Regional Chambers Financial Forum about U.S. monetary policy and the economy.
	1000 ET	Oct ISM manufacturing expected -1.2 to 55.0, Sep +0.5 to 56.2. Oct ISM prices paid expected -1.5 to 55.0, Sep +2.5 to 56.5.
	1200 ET	Richmond Fed President Jeffrey Lacker speaks to the Global Independence Center in Philadelphia, PA.
	1700 ET	Oct total vehicle sales expected 15.43 million, Sep 15.21 million. Oct domestic vehicle sales expected 11.90 million, Sep 11.66 million.
JPN	0100 ET	Japan Oct vehicle sales, Sep +12.4% y/y.
UK	0530 ET	UK Oct PMI manufacturing expected -0.3 to 56.4, Sep 56.7.

U.S. STOCK CALENDAR11/01/2013

Company Name	Ticker	Time	Period	Estimate
NextEra Energy Inc	NEE US	Bef-mkt	Q3 2013	1.394
American International Group Inc	AIG US	8:00	Q3 2013
Chevron Corp	CVX US	8:30	Q3 2013	2.698
Washington Post Co/The	WPO US	8:30	Q3 2013
Northeast Utilities	NU US	9:00	Q3 2013
NextEra Energy Inc	NEE US	9:00	Q3 2013
Ford Motor Co	F US	9:30	2013
NYSE Euronext	NYX US	Aft-mkt
Netflix Inc	NFLX US
Berkshire Hathaway Inc	BRK/A US		Q3 2013	2402.9
Life Technologies Corp	LIFE US		Q3 2013	0.962
General Motors Co	GM US		2013

Thursday, October 31, 2013

Lorillard Inc - Chart of the Day

Lorillard Inc (LO) is the Chart of the Day. The tobacco manufacturer and marketer has a Trend Spotter buy signal, a Weighted Alpha of 39.13+ , paid a 4.34% dividend and gained 34.54% in the past year.

The Chart of the Day is Lorillard Inc (LO). I found the stock near the top of the New High List when I sorted it for frequency. Not only did the stock gain 34.54% last year but it also paid a 4.34% dividend. Since the Trend Spotter issued a buy signal on 9/6 the stock is up 16.99%.

It is the third largest manufacturer of cigarettes in the United States. LO is the oldest continuously operating tobacco company in the U.S. Newport, theirs flagship brand, is a menthol-flavored premium cigarette brand and the top selling menthol and second largest selling cigarette in the U.S. The product line has five additional brand families marketed under the Kent, True, Maverick, Old Gold and Max brand names. These six brands include 44 different product offerings which vary in price, taste, flavor, length and packaging.

96% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 14.74% in the last month
Relative Strength Index 82.93%
Barchart computes a technical support level at 50.48
Recently traded t 51.37 with a 50 day moving average of 45.52

Fundamental factors:

Market Cap $19.22 billion
P/E 16.41
Dividend yield 4.34%
Revenue projected to grow by 7.50% this year and another 7.40% next year
Earnings estimated to increase 11.90% this year, an additional 12.50% next year and continue to increase by 12.50% annually for the next 5 years
Wall Street analysts issued 2 strong buy, 1 buy, 6 hold and a sell recommendation
Financial Strength is A

Watch the 100 day moving average on this stock and keep as long as it keeps paying its strong dividend.

The 5 Best Small Cap Stocks

When I say the BEST I'm speaking in current momentum terms. Today I used Barchart to sort the S&P 600 Small Cap Index stocks for new high frequency, then eliminated those that did not have positive momentum for both the last week and month.

Today's list includes Treehouse Foods (THS), West Pharmaceutical Services (WST), Haynes International (HAYN), Comtech Telecommunications (CMTL), and Suncoke Energy (SXC):

Treehouse Foods (THS)

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 11.48% in the last month
Relative Strength Index 71.17%
Barchart computes a technical support level at 74.72
Recently traded at 74.50 with a 50 day moving average of 69.06

Yes I note that the technical support level is above the current price but do not have an explanation for that.

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
18 new highs and up 16.87% in the last month
Relative Strength Index 80.52%
Barchart computes a technical support level at 46.08
Recently traded at 48.13 with a 50 day moving average of 41.57

Haynes International (HAYN)

Barchart technical indicators:

72% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 19.05% in the last month
Relative Strength Index 72.27%
Barchart computes a technical support level at 53.62
Recently traded at 54.41 with a 50 day moving average of 47.77

Comtech Telecommunications (CMTL)

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 24.38% in the last month
Relative Strength Index 80.03%
Barchart computes a technical support level at 29.43
Recently traded at 30.19 with a 50 day moving average of 26.06

Suncoke Energy (SXC)

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 17.06% in the last month
Relative Strength Index 87.13%
Barchart computes a technical support level at 19.20
Recently traded at 19.95 with a 50 day moving average of 17.31

BARCHART MORNING CALL 10/31

BARCHART MORNING CALL

Thursday, October 31st, 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 -0.20%) this morning are down -0.26% and European stocks are up +0.22%. Asian stocks closed mostly lower: Japan -1.20%, Hong Kong -0.42%, China -1.40%, Taiwan -0.18%, Australia -0.10%, Singapore -0.61%, South Korea -1.67%, India +0.62%. U.S. stocks fell on speculation the Fed may start to taper QE3 as soon as December, while European stocks gained as slower-than-expected inflation and record high unemployment in the Eurozone bolstered speculation the ECB may provide additional stimulus measures. Losses in bank stocks led Chinese stocks lower after China's four largest banks in Q3 posted a +3.5% y/y increase in nonperforming loans, the most in 3 years. Commodity prices are mixed. Dec crude oil (CLZ13 +0.12%) is up +0.19%. Dec gasoline (RBZ13 -0.36%) is down -0.38%. Dec gold GCZ13 -0.98%) is down -1.03% at a 1-week low and Dec copper (HGZ13 -0.57%) is down -0.59%. Agricultural and livestock prices are mixed. The dollar index (DXY00 +0.26%) is up +0.25% at a 2-week high. EUR/USD (^EURUSD) is down -0.56% at a 1-week low after the pace of inflation in the Eurozone slowed to its lowest level in 3-3/4 years and boosted speculation the ECB may cut interest rates further. USD/JPY (^USDJPY) is down -0.33%. December T-note prices (ZNZ13 +0.09%) are up +6.5 ticks.
The Eurozone Oct CPI rose +0.7% y/y, less than expectations of +1.1% y/y and the slowest pace of increase in 3-3/4 years. The Oct CPI core rose +0.8% y/y, weaker than expectations of +1.0% and matched its record low from Jan 2010.
The Eurozone Sep unemployment rate was unch from Aug at a record high 12.2%, higher than expectations of 12.0%.
German Sep retail sales unexpectedly fell for a second month when they dropped -0.4% m/m, weaker than expectations of +0.4% m/m, while on an annual basis retail sales rose +0.2% y/y, also weaker than expectations of +1.1% y/y.
The German Nov GfK consumer confidence unexpectedly fell -0.1 to 7.0, weaker than expectations of +0.1 to 7.2.
UK Oct nationwide house prices climbed +1.0% m/m and +5.8% y/y, stronger than expectations of +0.7% m/m and +5.1% y/y, with the +5.8% y/y increase the largest annual gain in 3-1/4 years.
The Japan Oct Markit/JMMA manufacturing PMI rose +1.7 points from Sep to 54.2, the fastest pace of expansion in 3-1/3 years.
Japan Sep labor cash earnings unexpectedly rose +0.1% y/y, better than expectations of -0.4% y/y.
Japan Sep housing starts jumped +19.4% y/y to 1.044 million, higher than expectations of +12.1% to 983,000 and the most in 5 years.

U.S. STOCK PREVIEW

Today’s weekly initial unemployment claims report is expected to show a -12,000 decline to 338,000, adding to last week’s decline of -12,000 to 350,000. Meanwhile, continuing claims are expected to fall by -4,000 to 2.870 million, adding to last week’s decline of -8,000 to 2.874 million. Today’s Oct Chicago PMI report is expected to show a -0.7 point decline to 55.0, giving back some of the +2.7 point increase to 55.7 seen in September. There are 34 of the S&P 500 companies that report earnings today with notable reports including Marathon Petroleum, ConocoPhillips, Avon, Exxon, MasterCard, Time Warner, Discovery Communications, Newmont Mining, First Solar, Public Storage. Equity conferences during the remainder of this week include he 7th ICIS European Gas Conference on Wed, 7th Toronto Global Forum on Wed-Thu, and SelectUSA 2013 Investment Summit on Thu.

OVERNIGHT U.S. STOCK MOVERS

Cardinal Health (CAH -0.84%) reported Q1 EPS of 84 cents, weaker than consensus of 85 cents.
Marathon Petroleum (MPC +2.39%) reported Q3 EPS of 59 cents, below consensus of 63 cents.
ConocoPhillips (COP -1.47%) reported Q3 EPS of $1.47, better than consensus of $1.45.
Cigna (CI +0.46%) reported Q3 EPS of $1.89, well ahead of consensus of $1.62.
Marriott (MAR -0.92%) reported Q3 EPS of 52 cents, stronger than consensus of 45 cents.
Avis Budget (CAR -1.07%) reported Q3 adjusted EPS of $1.48, weaker than consensus of $1.52.
Jarden (JAH -1.21%) reported Q3 adjusted EPS of $1.04, better than consensus of $1.00.
Con-way (CNW -1.36%) reported Q3 adjusted EPS of 58 cents, weaker than consensus of 62 cents.
Owens-Illinois (OI -0.23%) reported Q3 adjusted EPS of 79 cents, higher than consensus of 77 cents.
MetLife (MET -0.41%) reported Q3 EPS of $1.34, below consensus of $1.36.
Hanesbrands (HBI -0.48%) reported Q3 EPS of $1.23, stronger than consensus of $1.13, and then raised guidance on fiscal 2013 EPS view to $3.75-$3.85 from $3.50-$3.65.
Arris (ARRS -0.60%) rose 3% in after-hours trading after it reported Q3 adjusted EPS of 39 cents, better than consensus of 34 cents.
Facebook (FB -0.79%) initially jumped 16% in after-hours trading after it reported Q3 EPS of 25 cents, stronger than consensus of 19 cents, but then fell back to a gain of 4% after it said that has seen a decrease in daily users among younger teens.
Molina Healthcare (MOH -1.78%) reported Q3 EPS of 16 cents, well below consensus of 31 cents, and then lowered its outlook for fiscal 2013 EPS to $1.15, well below consensus of $1.62.
Starbucks (SBUX +1.52%) fell 2% in after-hours trading after it reported Q4 EPS of 63 cents, better than consensus of 60 cents, but then lowered guidance on fiscal 2014 EPS to $2.55-$2.65, below consensus of $2.67.
Expedia (EXPE -1.42%) surged 19% in after-hours trading after it reported Q3 adjusted EPS of $1.43, stronger than consensus of $1.35.
Kraft Foods (KRFT -0.63%) reported Q3 EPS of 83 cents, well above consensus of 69 cents, and then raised guidance on fiscal 2013 EPS outlook to $3.58 from $3.40.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 -0.20%) this morning are down -4.50 points (-0.26%). The S&P 500 index on Wednesday posted a record high early but gave up its advance and closed lower. Negative factors included (1) the Oct ADP employment of +130,000, less than expectations of +150,000 and the weakest figure in 6 months, and (2) long liquidation after the post-FOMC statement provided no clues as to when the Fed may begin tapering QE3. Closes: S&P 500 -0.49%, Dow Jones -0.39%, Nasdaq 100 -0.19%.
Dec 10-year T-notes (ZNZ13 +0.09%) this morning are up +6.5 ticks. Dec 10-year T-note prices on Wednesday traded higher after the weak Oct ADP employment report, but T-notes fell back after the post-FOMC statement stated that policy members saw improvement in economic activity. Closes: TYZ3 -6.5, FVZ3 -2.75.
The dollar index (DXY00 +0.26%) this morning is up +0.202 (+0.25%) at a 2-week high. EUR/USD (^EURUSD) is down -0.0077 (-0.56%) at a 1-week low. USD/JPY (^USDJPY) is down -0.33 (-0.33%). The dollar index on Wednesday posted a 2-week high and closed higher after the post-FOMC statement stated that policy members saw improvement in in economic activity, even though they said they will “await more evidence” before tapering QE3. Closes: Dollar index +0.170 (+0.21%), EUR/USD -0.00096 (-0.07%), USD/JPY +0.329 (+0.34%).
Dec WTI crude oil (CLZ13 +0.12%) this morning is up +18 cents (+0.19%) and Dec gasoline (RBZ13 -0.36%) is down -0.0100 (-0.38%). Dec crude oil and gasoline prices on Wednesday closed mixed. Crude oil fell after (1) the EIA reported weekly crude stockpiles climbed +4.09 million bbls to a 4-month high of 383.9 million bbls, more than expectations of a +2.4 million bbl increase, and (2) inventories at Cushing, OK, the delivery point for WTI futures, rose +2.8 million bbls to a 2-month high of 35.5 million bbl. Gasoline closed higher after weekly EIA gasoline supplies fell -1.71 million bbls to an 11-month low of 213.8 million bbl., a bigger decline than expectations of -200,000 bbls. Closes: CLZ3 -1.43 (-1.46%), RBZ3 +0.0299 (+1.15%).

GLOBAL EVENT CALENDAR10/31/2013

US	0730 ET	Oct Challenger job cuts, Sep +19.1% y/y
	0830 ET	Weekly initial unemployment claims expected -12,000 to 338,000, previous -12,000 to 350,000. Weekly continuing claims expected -4,000 to 2.870 million, previous -8,000 to 2.874 million.
	0830 ET	USDA weekly Export Sales.
	0945 ET	Oct Chicago PMI expected -0.7 to 55.0, Sep +2.7 to 55.7.
	1500 ET	Oct Cattle on Feed.
	1500 ET	Sep USDA Cold Storage.
GER	0300 ET	German Sep retail sales expected +0.4% m/m and +1.1% y/y, Aug -0.2% m/m and +0.3% y/y.
	0300 ET	German Nov GfK consumer confidence expected +0.1 to 7.2, Oct 7.1.
	0300 ET	German Sep import price index expected +0.1% m/m and -2.8% y/y, Aug +0.1% m/m and -3.4% y/y.
JPN	0100 ET	Japan Sep housing starts expected +12.1% to 983,000, Aug +8.8% y/y to 960,000.
	0100 ET	Japan Sep construction orders, Aug +21.4% y/y.
	n/a	BOJ announces interest rate decision.
UK	0300 ET	UK Oct nationwide house prices expected +0.7% m/m and +5.1% y/y, Sep +0.9% m/m and +5.0% y/y.
EUR	0600 ET	Eurozone Sep unemployment rate expected unch at 12.0%, Aug 12.0%. Oct CPI estimate expected +1.1% y/y and core +1.1% y/y, Sep +1.1% y/y and core +1.0% y/y.
CHI	2100 ET	China Oct manufacturing PMI expected +0.1 to 51.2, Sep 51.1.

U.S. STOCK CALENDAR10/31/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Mylan Inc/PA	MYL US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.788
NiSource Inc	NI US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.17
Marathon Petroleum Corp	MPC US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.634
PPL Corp	PPL US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.682
ConocoPhillips	COP US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.453
Avon Products Inc	AVP US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.188
Pinnacle West Capital Corp	PNW US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	2.166
Quanta Services Inc	PWR US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.434
Teradata Corp	TDC US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.695
AmerisourceBergen Corp	ABC US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	0.742
SCANA Corp	SCG US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.92
Clorox Co/The	CLX US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	1.005
TECO Energy Inc	TE US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.326
Exxon Mobil Corp	XOM US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.765
MasterCard Inc	MA US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	6.943
Estee Lauder Cos Inc/The	EL US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	0.733
Cardinal Health Inc	CAH US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	0.853
Cigna Corp	CI US	6:00	Q3 2013 Earnings Release	Q3 2013	1.621
Iron Mountain Inc	IRM US	6:00	Q3 2013 Earnings Release	Q3 2013	0.3
Time Warner Cable Inc	TWC US	6:00	Q3 2013 Earnings Release	Q3 2013	1.643
Discovery Communications Inc	DISCA US	7:00	Q3 2013 Earnings Release	Q3 2013	0.726
Invesco Ltd	IVZ US	7:30	Q3 2013 Earnings Release	Q3 2013	0.52
Owens-Illinois Inc	OI US	8:00	Q3 2013 Earnings Call	Q3 2013
Harman International Industries Inc	HAR US	8:00	Q1 2014 Earnings Release	Q1 2014	0.838
Perrigo Co	PRGO US	8:00	Q1 2014 Earnings Release	Q1 2014	1.392
MetLife Inc	MET US	8:00	Q3 2013 Earnings Call	Q3 2013
Discovery Communications Inc	DISCA US	8:30	Q3 2013 Earnings Call	Q3 2013
PPL Corp	PPL US	8:30	Q3 2013 Earnings Call	Q3 2013
Teradata Corp	TDC US	8:30	Q3 2013 Earnings Call	Q3 2013
Cigna Corp	CI US	8:30	Q3 2013 Earnings Call	Q3 2013
Iron Mountain Inc	IRM US	8:30	Q3 2013 Earnings Call	Q3 2013
Time Warner Cable Inc	TWC US	8:30	Q3 2013 Earnings Call	Q3 2013
Cardinal Health Inc	CAH US	8:30	Q1 2014 Earnings Call	Q1 2014
NiSource Inc	NI US	9:00	Q3 2013 Earnings Call	Q3 2013
Avon Products Inc	AVP US	9:00	Q3 2013 Earnings Call	Q3 2013
TECO Energy Inc	TE US	9:00	Q3 2013 Earnings Call	Q3 2013
Invesco Ltd	IVZ US	9:00	Q3 2013 Earnings Call	Q3 2013
MasterCard Inc	MA US	9:00	Q3 2013 Earnings Call	Q3 2013
Allstate Corp/The	ALL US	9:00	Q3 2013 Earnings Call	Q3 2013
Quanta Services Inc	PWR US	9:30	Q3 2013 Earnings Call	Q3 2013
Williams Cos Inc/The	WMB US	9:30	Q3 2013 Earnings Call	Q3 2013
Mylan Inc/PA	MYL US	10:00	Q3 2013 Earnings Call	Q3 2013
Beam Inc	BEAM US	10:00	Q3 2013 Earnings Call	Q3 2013
Marathon Petroleum Corp	MPC US	10:00	Q3 2013 Earnings Call	Q3 2013
Marriott International Inc/DE	MAR US	10:00	Q3 2013 Earnings Call	Q3 2013
CONSOL Energy Inc	CNX US	10:00	Q3 2013 Earnings Call	Q3 2013
Edwards Lifesciences Corp	EW US	10:00	Analyst Meeting	Y 2013
Estee Lauder Cos Inc/The	EL US	10:00	Q1 2014 Earnings Call	Q1 2014
Lincoln National Corp	LNC US	10:00	Q3 2013 Earnings Call	Q3 2013
Equity Residential	EQR US	11:00	Q3 2013 Earnings Call	Q3 2013
AmerisourceBergen Corp	ABC US	11:00	Q4 2013 Earnings Call	Q4 2013
Exxon Mobil Corp	XOM US	11:00	Q3 2013 Earnings Call	Q3 2013
Harman International Industries Inc	HAR US	11:00	Q1 2014 Earnings Call	Q1 2014
Perrigo Co	PRGO US	11:00	Q1 2014 Earnings Call	Q1 2014
Pinnacle West Capital Corp	PNW US	12:00	Q3 2013 Earnings Call	Q3 2013
Murphy Oil Corp	MUR US	13:00	Q3 2013 Earnings Call	Q3 2013
ConocoPhillips	COP US	13:00	Q3 2013 Earnings Call	Q3 2013
Oracle Corp	ORCL US	13:00	Annual General Meeting	Y 2013
Clorox Co/The	CLX US	13:30	Q1 2014 Earnings Call	Q1 2014
SCANA Corp	SCG US	15:00	Q3 2013 Earnings Call	Q3 2013
First Solar Inc	FSLR US	16:30	Q3 2013 Earnings Call	Q3 2013
Republic Services Inc	RSG US	17:00	Q3 2013 Earnings Call	Q3 2013
Fluor Corp	FLR US	17:30	Q3 2013 Earnings Call	Q3 2013
Newmont Mining Corp	NEM US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.321
Northeast Utilities	NU US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.727
American International Group Inc	AIG US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.96
Fluor Corp	FLR US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.031
Southwestern Energy Co	SWN US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.5
First Solar Inc	FSLR US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.945
Apartment Investment & Management Co	AIV US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.504
Beam Inc	BEAM US		Q3 2013 Earnings Release	Q3 2013	0.58
Republic Services Inc	RSG US		Q3 2013 Earnings Release	Q3 2013	0.493
Public Storage	PSA US		Q3 2013 Earnings Release	Q3 2013	1.891

Wednesday, October 30, 2013

Treehouse Foods - Chart of the Day

Treehouse Foods (THS) is the Chart of the Day. The food manufacturing and servicing stock has a Trend Spotter buy, a Weighted Alpha of 44.20+ and gained 38.62% in the last year.

Today's Chart of the Day is Treehouse Foods (THS). I found the stock by sorting the New High List for frequency making sure the stocks had positive gains for the last week and month then panned through the charts. The stock broke out back on 10/11 and since then is up 7.32%.

It is a food manufacturer servicing primarily the retail grocery and food service channels. Its products include pickles and related products; non-dairy powdered coffee creamer; and other food products including aseptic sauces, refrigerated salad dressings, and liquid non-dairy creamer.

80% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 12.78% in the last month
Relative Strength Index 78.46%
Barchart computes a technical support level at 73.85
Recently traded at 75.30 with a 50 day moving average of 68.94

Fundamental factors:

Market Cap $2.73 billion
P/E 25.24
Analysts project revenue to be up 4.90% this year and another 10.30% next year
Earnings are estimated to increase 11.80% this year, an additional 14.70% next year and continue to increase at an annual rate of 11.87% for the next 5 years
Wall Street analysts issued 7 strong buy, 2 buy, 6 hold and 2 under perform recommendations
Financial Strength is B++

There have been several Trend Spotter buy signals this year so watch the 50 day moving average for exit points.

Targacept Sell Signals

Today I deleted Targacept (TRGT) from the Barchart Van Meerten Speculative portfolio for negative price momentum and poor technical indicators:

Barchart technical indicators:

80% Barchart short term sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
15.07% off its recent high
Relative Strength Index 39.20%

American Pacific Corp - APFC - Sell Signals

Today I deleted American Pacific Corp (APFC) from the Barchart Van Meerten Speculative portfolio for negative price momentum and poor technical indicators:

Barchart technical indicators:

40% Barchart short term sell signals
Trend Spotter sell signal
Below its 20 and 50 day moving averages
24.35% off its recent high
Relative Strength Index 38.39%

Jinpan International (JST) sell signals

Today I deleted Jinpan International (JST) from the Barchart Van Meerten New High portfolio for negative price momentum and poor technical indicators:

Barchart technical indicators:

80% Barchart short term sell signals
Trend Spotter sell signal
Below its 20 and 50 day moving averages
21.54% off its recent high
Relative Strength Index 37.36%

The 5 Best Mid Cap Stocks

Today's list of the Best Mid Cap Stocks comes from using Barchart to sort the S&P 400 Mid Cap Index stocks for new high frequency, then sorting for those with positive gains for both the last week and month and lastly panning through the charts using the flipchart feature. The list for today includes Janus Capital Group (JNS), Minerals Technologies (MTX), Unit Corp (UNT), Lancaster Colony Corp (LANC) and Affiliated Managers Group (AMG):

Janus Capital Group (JNS)

Barchart technical indicators:

80% Barchart technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
19 new highs and up 16.92% in the last month
Relative Strength Index 70.72%
Barchart computes a technical support level at 9.66
Recently traded at 9.97 with a 50 day moving average of 8.87

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 14.18% in the last month
Relative Strength Index 76.47%
Barchart computes a technical support level at 56.71
Recently traded at 56.35 with a 50 day moving average of 49.45

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 10.45% in the last month
Relative Strength Index 71.59%
Barchart computes a technical support level at 51.19
Recently traded at 51.34 with a 50 day moving average of 47.74

Lancaster Colony Corp (LANC)

Barchart technical indicators:

80% Barchart technical buy signal
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 9.76% in the last month
Relative Strength Index 70.16%
Barchart computes a technical support level at 84.43
Recently traded at 85.89 with a 50 day moving average of 78.74

Affiliated Managers Group (AMG)

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 10.21% in the last month
Relative Strength Index 71.68%
Barchart computes a technical support level at 199.95
Recently traded at 201.26 with a 50 day moving average of 186.76

BARCHART MORNING CALL 10/30

Wednesday, October 30th, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 +0.24%) this morning are up +0.27% at a record high and European stocks are up +0.52%. Asian stocks closed higher: Japan +1.23%, Hong Kong +2.00%, China +1.49%, Taiwan +0.52%, Australia +0.28%, Singapore +0.67%, South Korea +0.43%, India +0.50%. Stocks are higher worldwide on speculation the Fed will continue its stimulus measures at the conclusion of the 2-day FOMC meeting later today. Expectations are for no change in the Fed's $85 billion monthly purchases of Treasuries and mortgage-backed securities. European stocks received a boost after Eurozone Oct economic confidence rose more-than-expected to a 2-year high. Chinese stocks closed higher despite an increase in China's 7-day repurchase rate, which rose by +38 bp to a 3-3/4 month high of 5.42%. Commodity prices are mostly higher. Dec crude oil (CLZ13 -1.01%) is down -0.69% after weekly API inventories, released late yesterday afternoon, showed crude stockpiles climbed last week by +5.9 million barrels. Dec gasoline (RBZ13 +0.29%) is up +0.48%. Dec gold (GCZ13 +0.37%) is up +0.33% and Dec copper (HGZ13 +1.02%) is up +1.10%. Agricultural and livestock prices are mostly higher. The dollar index (DXY00 -0.08%) is down -0.06%. EUR/USD (^EURUSD) is up +0.11% and USD/JPY (^USDJPY) is up +0.07%. December T-note prices (ZNZ13 +0.05%) are up +3.5 ticks.
The Eurozone Oct business climate indicator rose +0.18 to -0.01, more than expectations of +0.01 to -0.19, and the highest in 2-years, and the Oct economic confidence rose +0.9 to 97.8, better than expectations of +0.3 to 97.2 and also the highest in 2-years.
German Oct unemployment rose 2,000, more than expectations for no change, while the Oct unemployment rate remained unch at 6.9%, right on expectations.
The UK Oct Lloyds business barometer rose +6 from Sep to 63, the highest since the data series began in 2002.
Japan Sep industrial production rose +1.5% m/m and +5.4% y/y, weaker than expectations of +1.8% m/m and +5.5% y/y.
Japan Sep vehicle production climbed +13.0% y/y, the first increase in 13 months.

U.S. STOCK PREVIEW

The 2-day FOMC meeting concludes today and the market is not expecting the FOMC to announce QE3 tapering. Today’s Oct ADP employment report is expected to show a weak increase of +150,000, slipping from September’s report of +166,000. Today’s Sep CPI report is expected to ease to +1.2% y/y from +1.5% in August. Meanwhile, the Sep core CPI is expected to be unchanged from August at +1.8% y/y. The Treasury today will sell $29 billion of 7-year T-notes, concluding this week’s $97 billion T-note auction package. There are 35 of the S&P 500 companies that report earnings today with notable reports including PG&E, BorgWarner, Comcast, Garmin, Hess, ADP, The Southern Company, GM, Phillips 66, Kraft, Expedia, Allstate, Marriott, Visa, Starbucks, Williams Companies, MetLife. Equity conferences during the remainder of this week include The Buttonwood Gathering 2013 on Tue/Wed, Hart Energy Crude In Motion Conference on Wed, The 7th ICIS European Gas Conference on Wed, 7th Toronto Global Forum on Wed-Thu, and SelectUSA 2013 Investment Summit on Thu.

OVERNIGHT U.S. STOCK MOVERS

General Motors (GM +0.73%) reported Q3 EPS of 96 cents, better than consenus of 94 cents.
Comcast (CMCSA -1.08%) reported Q3 EPS of 65 cents, better than consensus of 61 cents.
Exelon (EXC -0.07%) reported Q3 EPS of 78 cents, stronger than consensus of 67 cents.
Garmin Ltd (GRMN +0.56%) reported Q3 EPS of 69 cents, well ahead of consensus of 59 cents.
Facebook (FB -1.65%) was upgraded to 'Buy' from 'Neutral' at BTIG with a price target of $68 a share.
Genworth (GNW +1.32%) reported Q3 EPS of 24 cents, lower than consensus of 25 cents.
Take-Two (TTWO +1.53%) reported Q2 adjusted EPS of $2.49, well ahead of consensus of $1.72, and then raised guidance on fiscal 2014 to $3.50-$3.75, well ahead of consensus of $2.80. The company said the largest contributor to Q2 earnings were sales of Grand Theft Auto V which has shattered entertainment industry records and sold nearly 29 million units to date.
Flextronics (FLEX -1.45%) lowered guidance on Q3 EPS to 21 cents-23 cents, weaker than consensus of 25 cents.
Chicago Bridge & Iron (CBI unch) reported Q3 EPS with items of $1.08, below consensus of $1.10.
Electronic Arts (EA -2.82%) reported Q2 adjusted EPS of 33 cents, nearly three times consensus of 12 cents.
Gilead (GILD +1.12%) reported Q3 adjusted EPS of 52 cents, better than consensus of 48 cents.
Edison International (EIX -0.22%) reported Q3 EPS of $1.42, well ahead of consensus of $1.23, and then raised guidance on fiscal 2013 EPS view to $3.60-$3.70 from $3.25-$3.45, bette rthan consensus of $3.36.
Fiserv (FISV -0.02%) reported Q3 EPS of $1.56, better than consensus of $1.51.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 +0.24%) this morning are up +4.75 points (+0.27%) at a fresh all-time high. The S&P 500 index on Tuesday posted another record high and closed higher on speculation that the weaker-than-expected U.S. Sep retail sales and Oct consumer confidence reports will keep the Fed from tapering QE3. The U.S. Sep retail sales report of -0.1% m/m and +0.4% ex-autos was slightly weaker than unch m/m and +0.4% ex-autos, while U.S. Oct consumer confidence (Conference Board) fell -9.0 to 71.2, a bigger decline than expectations of -4.7 to 75.0 and the lowest level in 6 months. Closes: S&P 500 +0.56%, Dow Jones +0.72%, Nasdaq 100 +0.27%.
Dec 10-year T-notes (ZNZ13 +0.05%) this morning are up +3.5 ticks. Dec 10-year T-note prices on Tuesday closed higher on speculation that the weaker-than-expected U.S. Sep retail sales and Oct consumer confidence reports will prompt the Fed to maintain its $85 billion a month bond-buying program. Gains in T-notes were limited after the Aug S&P/CaseShiller composite-20 home price index rose +12.82% y/y, higher than expectations of +12.50% y/y and the biggest annual gain in 7-1/2 years. Closes: TYZ3 +5.0, FVZ3 +2.25.
The dollar index (DXY00 -0.08%) this morning is down -0.046 (-0.06%). EUR/USD (^EURUSD) is up +0.0015 (+0.11%). USD/JPY (^USDJPY) is up +0.07 (+0.07%). The dollar index on Tuesday closed higher on speculation the Fed will refrain from additional stimulus measures following its Tue/Wed FOMC meeting. Losses in EUR/USD were limited after hawkish comments from ECB Governing Council member Nowotny who said it’s “unlikely” the ECB will cut interest rates further. Closes: Dollar index +0.361 (+0.46%), EUR/USD -0.00398 (-0.29%), USD/JPY +0.52 (+0.53%).
Dec WTI crude oil (CLZ13 -1.01%) this morning is down -68 cents (-0.69%) and Dec gasoline (RBZ13 +0.29%) is up +0.0125 (+0.48%). Dec crude oil and gasoline prices on Tuesday closed lower on strength in the dollar along with expectations that weekly EIA crude inventories on Wednesday will climb for a sixth consecutive week. Closes: CLZ3 -0.48 (-0.49%), RBZ3 -0.0186 (-0.71%).

GLOBAL EVENT CALENDAR10/30/2013

US	0700 ET	Weekly MBA mortgage applications, previous -0.6% with purchase sub-index +0.7% and refi sub-index-1.3%.
	0815 ET	Oct ADP employment change expected +150,000, Sep +166,000.
	0830 ET	Sep CPI expected +0.2% m/m and +1.2% y/y, Aug +0.1% m/m and +1.5% y/y. Sep CPI ex food & energy expected +0.2% m/m and +1.8% y/y, Aug +0.1% m/m and +1.8% y/y.
	1030 ET	EIA Weekly Petroleum Status Report.
	1300 ET	Treasury auctions $29 billion of 7-year T-notes.
	1400 ET	FOMC policy announcement. QE3 expected unchanged at $85 billion per month ($40 billion of MBS and $45 billion of Treasury securities).
JPN	0000 ET	Japan Sep vehicle production, Aug -7.6% y/y.
	1915 ET	Japan Oct Markit/JMMA manufacturing PMI, Sep 52.5.
	2130 ET	Japan Sep labor cash earnings expected -0.4% y/y, Aug -0.9% y/y.
GER	0455 ET	German Oct unemployment change expected unch, Sep +25,000. Oct unemployment rate expected unch at 6.9%, Sep 6.9%.
	0900 ET	German Oct CPI (EU harmonized) expected unch m/m and +1.5% y/y, Sep unch m/m and +1.6% y/y.
UK	0530 ET	UK Oct Lloyd business barometer, Sep 57.
	2005 ET	UK Oct GfK consumer confidence expected +2 to -8, Sep -10.
EUR	0600 ET	Eurozone Oct business climate indicator expected +0.01 to -0.19, Sep -0.20. Oct economic confidence expected +0.3 to 97.2, Sep 96.9.
	0600 ET	Revised Eurozone Oct consumer confidence expected no change at -14.5.

U.S. STOCK CALENDAR10/30/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
PG&E Corp	PCG US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.781
BorgWarner Inc	BWA US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.339
Exelon Corp	EXC US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.665
Praxair Inc	PX US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	1.514
Corning Inc	GLW US	Bef-mkt	Q3 2013 Earnings Release	Q3 2013	0.32
TE Connectivity Ltd	TEL US	6:00	Q4 2013 Earnings Release	Q4 2013	0.902
American Tower Corp	AMT US	7:00	Q3 2013 Earnings Release	Q3 2013	0.908
Wisconsin Energy Corp	WEC US	7:00	Q3 2013 Earnings Release	Q3 2013	0.586
Comcast Corp	CMCSA US	7:00	Q3 2013 Earnings Release	Q3 2013	0.609
Garmin Ltd	GRMN US	7:00	Q3 2013 Earnings Release	Q3 2013	0.591
Hess Corp	HES US	7:30	Q3 2013 Earnings Release	Q3 2013	1.444
Automatic Data Processing Inc	ADP US	7:30	Q1 2014 Earnings Release	Q1 2014	0.658
Public Service Enterprise Group Inc	PEG US	7:30	Q3 2013 Earnings Release	Q3 2013	0.757
Southern Co/The	SO US	7:30	Q3 2013 Earnings Release	Q3 2013	1.111
Sealed Air Corp	SEE US	7:30	Q3 2013 Earnings Release	Q3 2013	0.334
General Motors Co	GM US	7:30	Q3 2013 Earnings Release	Q3 2013	0.942
AGL Resources Inc	GAS US	8:00	Q3 2013 Earnings Release	Q3 2013	0.145
Genworth Financial Inc	GNW US	8:00	Q3 2013 Earnings Call	Q3 2013
Phillips 66	PSX US	8:00	Q3 2013 Earnings Release	Q3 2013	0.934
Automatic Data Processing Inc	ADP US	8:30	Q1 2014 Earnings Call	Q1 2014
Corning Inc	GLW US	8:30	Q3 2013 Earnings Call	Q3 2013
American Tower Corp	AMT US	8:30	Q3 2013 Earnings Call	Q3 2013
TE Connectivity Ltd	TEL US	8:30	Q4 2013 Earnings Call	Q4 2013
Comcast Corp	CMCSA US	8:30	Q3 2013 Earnings Call	Q3 2013
Aflac Inc	AFL US	9:00	Q3 2013 Earnings Call	Q3 2013
AGL Resources Inc	GAS US	9:00	Q3 2013 Earnings Call	Q3 2013
Ameriprise Financial Inc	AMP US	9:00	Q3 2013 Earnings Call	Q3 2013
Range Resources Corp	RRC US	9:00	Q3 2013 Earnings Call	Q3 2013
BorgWarner Inc	BWA US	9:30	Q3 2013 Earnings Call	Q3 2013
Jabil Circuit Inc	JBL US	9:30	Analyst Meeting	Y 2013
Kroger Co/The	KR US	9:30	Investor Meeting	Y 2013
Hess Corp	HES US	10:00	Q3 2013 Earnings Call	Q3 2013
Exelon Corp	EXC US	10:00	Q3 2013 Earnings Call	Q3 2013
Sealed Air Corp	SEE US	10:00	Q3 2013 Earnings Call	Q3 2013
Boston Properties Inc	BXP US	10:00	Q3 2013 Earnings Call	Q3 2013
General Motors Co	GM US	10:00	Q3 2013 Earnings Call	Q3 2013
Kimco Realty Corp	KIM US	10:00	Q3 2013 Earnings Call	Q3 2013
Mattel Inc	MAT US	10:00	Analyst Meeting	Y 2013
Garmin Ltd	GRMN US	10:30	Q3 2013 Earnings Call	Q3 2013
Praxair Inc	PX US	11:00	Q3 2013 Earnings Call	Q3 2013
Public Service Enterprise Group Inc	PEG US	11:00	Q3 2013 Earnings Call	Q3 2013
Phillips 66	PSX US	11:00	Q3 2013 Earnings Call	Q3 2013
PG&E Corp	PCG US	12:00	Q3 2013 Earnings Call	Q3 2013
Southern Co/The	SO US	13:00	Q3 2013 Earnings Call	Q3 2013
Target Corp	TGT US	13:00	Financial Community Meeting	Y 2013
Wisconsin Energy Corp	WEC US	14:00	Q3 2013 Earnings Call	Q3 2013
Kraft Foods Group Inc	KRFT US	16:00	Q3 2013 Earnings Release	Q3 2013	0.696
Expedia Inc	EXPE US	16:00	Q3 2013 Earnings Release	Q3 2013	1.358
Allstate Corp/The	ALL US	16:05	Q3 2013 Earnings Release	Q3 2013	1.443
Computer Sciences Corp	CSC US	16:15	Q2 2014 Earnings Release	Q2 2014	0.828
Expedia Inc	EXPE US	16:30	Q3 2013 Earnings Call	Q3 2013
Visa Inc	V US	17:00	Q4 2013 Earnings Call	Q4 2013
Microchip Technology Inc	MCHP US	17:00	Q2 2014 Earnings Call	Q2 2014
Marriott International Inc/DE	MAR US	17:00	Q3 2013 Earnings Release	Q3 2013	0.448
Computer Sciences Corp	CSC US	17:00	Q2 2014 Earnings Call	Q2 2014
PerkinElmer Inc	PKI US	17:00	Q3 2013 Earnings Call	Q3 2013
Starbucks Corp	SBUX US	17:00	Q4 2013 Earnings Call	Q4 2013
JDS Uniphase Corp	JDSU US	17:00	Q1 2014 Earnings Call	Q1 2014
XL Group PLC	XL US	17:00	Q3 2013 Earnings Call	Q3 2013
Kraft Foods Group Inc	KRFT US	17:00	Q3 2013 Earnings Call	Q3 2013
Murphy Oil Corp	MUR US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.468
Owens-Illinois Inc	OI US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.768
Visa Inc	V US	Aft-mkt	Q4 2013 Earnings Release	Q4 2013	1.851
Microchip Technology Inc	MCHP US	Aft-mkt	Q2 2014 Earnings Release	Q2 2014	0.597
PerkinElmer Inc	PKI US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.482
Starbucks Corp	SBUX US	Aft-mkt	Q4 2013 Earnings Release	Q4 2013	0.6
JDS Uniphase Corp	JDSU US	Aft-mkt	Q1 2014 Earnings Release	Q1 2014	0.116
XL Group PLC	XL US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.537
Williams Cos Inc/The	WMB US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	0.142
Lincoln National Corp	LNC US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.222
MetLife Inc	MET US	Aft-mkt	Q3 2013 Earnings Release	Q3 2013	1.36
Equity Residential	EQR US		Q3 2013 Earnings Release	Q3 2013	0.728
Seagate Technology PLC	STX US		Annual General Meeting