Arabian American Development -- Barchart's Chart of the Day

Arabia American Development (ARSD) is the Chart of the Day.  The petrochemical products stock has a Trend Spotter buy signal, a Weighted Alpha of 58.50+ and gained 54.75% in the last year.



The Chart of the Day is Arabian American Development (ARSD).  I found the stock by sorting the New High List for frequency then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 11/22 the stock is up 15.92%

Its principal business activities include refining petrochemical products and developing mineral properties in Saudi Arabia and the United States. All of its mineral properties are presently undeveloped and require capital expenditures before beginning any commercial operations. Their undeveloped mineral interests are primarily located in Saudi Arabia.

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
• 15 new highs and up 19.8% in the last month
• Relative Strength Index 76.79%
• Barchart computes a technical support level at 10.62
• Recently traded at 11.14 with a 50 day moving average of 9.70

Fundamental factors:

• Market Cap $268.59
• P/E 69.25
• Analysts predict revenue will increase 1.10% this year and another 9.60% next year
• Earnings are estimated to increase 34.10% this year and an additional 27.10% next year.
• Wall Street analysts released 2 strong buy recommendation on this stock
• Financial Strength is C++

This is an unproven company , so play this as a technical call until they prove their revenue and income stream.  Long term investors should monitor the 100 day moving average.

BARCHART MORNING CALL 12/13

BARCHART MORNING CALL

Friday, December 13th, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH14 +0.40%) this morning are up +0.42% and European stocks are up +0.33% after the U.S. House of Representatives late yesterday passed the first bipartisan budget in four years. Asian stocks closed mixed: Japan +0.40%, Hong Kong +0.12%, China -0.14%, Taiwan +0.19%, Australia +0.71%, Singapore +0.23% South Korea -0.39%, India -1.00%. Japanese exporters rallied and led the Nikkei Stock Index higher after the yen fell to a 5-year low against the dollar, which boosts the prospects for exporter profits. Commodity prices are mixed. Jan crude oil (CLF14 -0.54%) is down -0.41%. Jan gasoline (RBF14 +0.17%) is up +0.26%. Feb gold (GCG14 +0.38%) is up +0.28%. March copper (HGH14 +0.05%) is up +0.17%. Agricultural and livestock prices are mostly lower. The dollar index (DXY00 +0.18%) is up +0.16%. EUR/USD (^EURUSD) is down -0.20%. USD/JPY (^USDJPY) is up +0.22% at a 5-year high as the yen weakened on expectations the Fed will taper QE3 while the BOJ will expand its asset-purchase program to boost the economy and raise the inflation rate. March T-note prices (ZNH14 -0.05%) are down -2 ticks.
The Japanese yen tumbled to a 5-year low against the U.S. dollar after BOJ Governor Kuroda said in a FT interview that "we intend to achieve the 2% inflation target and maintain that in a stable manner," and if our models are mistaken or economic shock occurs, we can "adjust if necessary." This suggests the BOJ will maintain and possibly expand its ultra-easy monetary policy in order to achieve its policy goals.
The U.S. House of Representatives late yesterday passed a budget that limits automatic cuts to federal spending and avoids another government shutdown next month. The Senate still needs to approve the legislation before President Obama signs it into law.
Eurozone Q3 employment was unch q/q, the tenth consecutive quarter of no employment increase. On a year-over-year bases Q3 employment fell -0.8% y/y,
The German Nov wholesale price index fell -0.2% m/m, for the eighth month out of nine that wholesale prices have fallen. On an annual basis, wholesale prices fell -2.2% y/y.
UK Oct construction output rose +2.2% m/m and +5.3% y/y, stronger than expectations of +1.6% m/m and +1.3% y/y.
Japan Oct industrial production was revised up to +1.0% m/m and +5.4% y/y from the originally reported +0.5% m/m and +4.7% y/y.
The India Nov CPI climbed +11.24% y/y, higher than expectations of +10.00% y/y and the fastest pace of increase in 22-months. This may prompt the RBI to raise interest rates at its policy meeting next week.

U.S. STOCK PREVIEW

Today’s Nov PPI report is expected to strengthen to +0.8% y/y from +0.3% in October. Meanwhile, the Nov core PPI is expected to be unchanged from October at +1.4% y/y. There are no major earnings reports today. There are no equity conferences today.

OVERNIGHT U.S. STOCK MOVERS

Amazon.com (AMZN -0.25%) was upgraded to 'Strong Buy' from 'Buy' at ISI Group.
British Petroleum (BP -1.13%) was downgraded to 'Neutral' from 'Buy' at UBS.
Advance Auto Parts (AAP +0.82%) was upgraded to 'Top Pick' from 'Outperform' at RBC Capital.
Anadarko (APC +0.10%) was downgraded to 'Underweight' from 'Neutral' at JPMorgan.
FedEx (FDX -0.12%) was upgraded to 'Strong Buy' from 'Outperform' at Raymond James.
Boeing (BA +0.30%) was awarded a $872.77 million government contract for system upgrades for F/A-18 A/B, C/D, E/F and EA-18G aircraft for the U.S. Navy and the governments of Australia, Finland, Switzerland, Kuwait, Malaysia, and Canada.
Billionare investor Carl Icahn reported a 12.51% stake in Hologic (HOLX -0.55%) .
Restoration Hardware (RH -1.17%) raised guidance on fiscal year 2014 EPS view $1.71-$1.74 from $1.65 to $1.70, stroger than consensus of $1.71.
According to data from ComScore, Google Sites (GOOG -0.68%) led the U.S. explicit internet core search market in November with 66.7% market share, followed by Microsoft Sites (MSFT -1.04%) with 18.1% and Yahoo Sites (YHOO +0.51%) with 11.2%.
Quiksilver (ZQK +2.66%) reported a Q4 EPS loss ex-items of -4 cents, weaker than consensus of a 4 cents gain.
SAIC (SAIC -2.44%) reported Q3 EPS of 44 cents, weaker than consensus of 50 cents, and then lowered guidance on fiscal 2014 EPS to $2.13-$2.33, well below consensus of $2.47..
Adobe (ADBE -1.19%) climbed over 6% in pre-market tradng after it reported Q4 adjusted EPS of 32 cents, right on consensus, although it said it signed up 402,000 customers in Q4 to its Creative Cloud online software, higher than analysts' estimates of 350,000 new customers.

MARKET COMMENTS

Mar E-mini S&Ps (ESH14 +0.40%) this morning are up +7.50 points (+0.42%). The S&P 500 index on Thursday dropped to a 1-month low and closed lower after Nov retail sales rose +0.7% and +0.4% ex-autos, which boosted speculation the Fed may taper QE3 as soon as next week. U.S. weekly initial unemployment claims jumped +68,000 to a 2-month high of 368,000 on what appeared to be mostly seasonal volatility. Closes: S&P 500 -0.38%, Dow Jones -0.66%, Nasdaq 100 -0.25%.
Mar 10-year T-notes (ZNH14 -0.05%) this morning are down -2 ticks. Mar T-notes on Thursday closed lower after the stronger-than-expected U.S. Nov retail sales added to speculation that the Fed will soon curb its bond purchases. Declines were limited after weekly jobless claims rose a more-than-expected +68,000 to a 2-month high. Closes: TYH4 -8.50, FVH4 -7.00.
The dollar index (DXY00 +0.18%) this morning is up +0.128 (+0.16%). EUR/USD (^EURUSD) is down -0.0028 (-0.20%) and USD/JPY (^USDJPY) is up +0.23 (+0.22%) at a 5-year high. The dollar index on Thursday closed higher after the larger-than-expected increase in U.S. Nov retail sales boosted speculation the Fed may start to taper QE3 as soon as next week’s FOMC meeting. EUR/USD retreated after Eurozone Oct industrial production unexpectedly fell -1.1% m/m, much weaker than expectations of +0.3% m/m and the biggest monthly decline in 13 months. Closes: Dollar index +0.312 (+0.39%), EUR/USD -0.00325 (-0.24%), USD/JPY +0.945 (+0.92%).
Jan WTI crude oil (CLF14 -0.54%)this morning is down -40 cents (-0.41%) and Jan gasoline (RBF14 +0.17%) is up +0.0068 (+0.26%). Jan crude oil and gasoline prices on Thursday closed mixed. Crude prices closed higher as stronger-than-expected U.S. Nov retail sales bolstered the outlook for the economy and energy demand, while gasoline prices fell on concern about higher supplies with U.S. refiners operating at a 5-month high of 92.6% of capacity. Closes: CLF4 +0.06 (+0.06%), RBF4 -0.0263 (-0.99%).

GLOBAL EVENT CALENDAR12/13/2013

US	0830 ET	Nov PPI expected unch m/m and +0.8% y/y, Oct -0.2% m/m and +0.3% y/y. Nov PPI ex food & energy expected +0.1% m/m and +1.4% y/y, Oct +0.2% m/m and +1.4% y/y.
	n/a	U.S. Congress deadline for budget proposal.
GER	0200 ET	German Nov wholesale price index, Oct -1.0% m/m and -2.7% y/y.
UK	0430 ET	UK Oct construction output expected +1.6% m/m and +1.3% y/y, Sep -0.9% m/m and +5.8% y/y.

U.S. STOCK CALENDAR12/13/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Scotts Miracle-Gro Co/The	SMG US	9:30	Analyst & Investor Day	Y 2013
Landstar System Inc	LSTR US	14:00	Q4 2013 Guidance Call - Mid Quarter	Q4 2013
Johnson & Johnson	JNJ US		PDUFA, Complera, switch indication in HIV
Gilead Sciences Inc	GILD US		PDUFA, Complera, switch indication in HIV
Lions Gate Entertainment Corp	LGF US		U.S. Box Office Release of Movie Tyler Perry's A Madea Christmas""

Gray Television - Barchart's Chart of the Day

Gray Television (GTN) is Barchart's Chart of the Day.  The television and newspaper communications stock has a Trend Spotter buy signal, a Weighted Alpha of 460.30+ and gained 506.85% in the last year.


The Chart of the day is Gray Television (GTN).  I found the stock by sorting 12 Months Leaders List for frequency of new highs in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 9/18 the stock gained 80.82%.

NOTE:  I try to mix it up a little bit on the method I use to find good charts; not to confuse you but to show you there are multiple ways to find great stocks.  You need to use the method that is easiest and most comfortable for you.

It is a communications company headquartered in Atlanta, Georgia, and currently operates 15 CBS-affiliated television stations, seven NBC-affiliated television stations, seven ABC-affiliated television stations and four daily newspapers.

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
• 11 new highs and up 30.59% in the last month
• Relative Strength Index 68.03%
• Barchart computes a technical support level at 11.62
• Recently traded at 13.29 with a 50 day moving average of 9.83

Fundamental factors:

• Market Cap $693.75 million
• P/E 17.45
• Only 2 analysts are following this stock and just one of them rates it a hold
• The consensus revenue projection is a decrease of 15.20% this year but an increase of 46.50% next year
• The earnings are estimated to decrease 71.50% this year buy increase by 240.00% next year with a 5 year compounded growth rate of 2.00%
• Financial Strength is C++

This is a purely technical play.  I have to agree with the analysts that recommends a hold.  When a stock is up over 500.00% in a year, that's not a good time to enter into the trade.  For those who are already in, protect your profits buy taking a little off the table and exit the rest at the 50 day moving average.

BARCHART MORNING CALL 12/12

BARCHART MORNING CALL

Thursday, December 12th, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 -0.04%) this morning are down -0.15% at a 3-week low and European stocks are down -0.51% at a 2-month low. Asian stocks closed lower: Japan -1.12%, Hong Kong -0.51%, China -0.11%, Taiwan -0.86%, Australia -0.92%, Singapore -0.06%, South Korea -0.58%, India -1.16%. U.S. stocks were undercut by concern the Fed may taper QE3 sooner than expected and European stocks fell after Eurozone industrial production unexpectedly fell in Oct. European bonds fell after ECB Council member Praet told the Financial Times that Eurozone banks may reduce purchases of sovereign debt to lower their risk profile. Commodity prices are mixed. Jan crude oil (CLF14 +0.24%) is up +0.32%. Jan gasoline (RBF14 +0.14%) is up +0.02%. Feb gold (GCG14 -1.76%) is down -1.52%. March copper (HGH14 -0.03%) is down -0.09%. Agricultural and livestock prices are weaker. The dollar index (DXY00 +0.03%) is up +0.02%. EUR/USD (^EURUSD) is up +0.01%. USD/JPY (^USDJPY) is up +0.29%. The Australian dollar fell to a 3-1/4 month low against the U.S. dollar after Australia's Nov unemployment rate matched a 4-1/3 year high, which fueled speculation of further rate cuts by the RBA. March T-note prices (ZNH14 -0.04%) are unchanged.
Eurozone Oct industrial production unexpectedly fell -1.1% m/m, much weaker than expectations for a +0.3% m/m increase and the biggest monthly decline in 13-months. On a year-over-year basis, Oct industrial production rose +0.2% y/y, weaker than expectations of +1.1% y/y.
ECB Council member Praet said "Treating banks' holdings of sovereign debt according to the risk that they pose to banks' capital makes it unlikely that the banks will use central bank liquidity to excessively increase their exposure to sovereign debt. This is because banks will be wary of the constraints placed on sovereign debt by the stress tests to which they are subject at the same time."
The Australia Nov employment change rose +21,000, better than expectations of +10,000, while the Nov unemployment rate rose an as expected +0.1 to 5.8% and matched the Aug level as the highest in 4-1/3 years.

U.S. STOCK PREVIEW

Today’s weekly initial unemployment claims report is expected to show an increase of +22,000 to 320,000, almost exactly reversing last week’s decline of -23,000 to 298,000. Weekly continuing claims are expected to show an increase of +13,000 to 2.757 million, reversing more than one-half of last week’s decline of -21,000 to 2.744 million. Today’s Nov retail sales report is expected to show a strong increase of +0.6%, adding to the +0.4% increase seen in October. The Nov retail sales report is expected to show a smaller increase of +0.2%, however, excluding the strength in Nov vehicle sales, which rose sharply to a new 6-1/2 year high of 16.31 million units from 15.15 million units in October. The Treasury today will sell $13 billion in 30-year T-bonds, concluding this week’s $64 billion coupon package.
There are two of the Russell 1000 companies that report earnings today: Adobe (consensus $0.32), Science Applications (0.56). Equity conferences during the remainder of this week include: Capital One Southcoast Energy Conference on Wed-Thu, Barclays Information and IT Services Forum on Thu, Barclays Select Series Information and IT Series Forum Conference on Thu, and AHIP Exchange Conference 2013 on Thu.

OVERNIGHT U.S. STOCK MOVERS

lululemon (LULU -1.11%) dropped 10% in pre-market trading after it cut guidance on fiscal 2013 EPS to $1.94-$1.96, below consensus $1.96, and said it sees fiscal 2013 revenue of $1.605 billion-$1.61 billion, weaker than consensus of $1.64 billion.
Southwest (LUV -3.28%) was upgraded to 'Buy' from 'Neutral' at BofA/Merrill.
Marathon Oil (MRO -1.14%) and Apache (APA -1.66%) were both downgraded to 'Neutral' from 'Buy' at Citigroup.
Oracle (ORCL -0.69%) was downgraded to 'Sector Perform' from 'Outperform' at RBC Capital.
Micron (MU -2.77%) was upgraded to 'Buy' from 'Neutral' at Nomura.
Danaher (DHR -1.62%) lowered guidance on fiscal 2014 EPS to $3.60-$3.75, below consensus of $3.81.
Moody's Investors Service has placed on review for downgrade the general obligation rating of the Commonwealth of Puerto Rico.
Men's Wearhouse (MW -1.92%) reported Q3 adjusted EPS of 90 cents, higher than consensus of 86 cents.
UNS Energy (UNS -0.99%) soared 30% in after-hours trading after it announced that it will be acquired by Fortis for $60.25 per share.
Athenahealth (ATHN -2.15%) slumped over 12% in after-hours trading after it lowered guidance on fiscal 2014 EPS to 98 cents-$1.10, well below consensus of $1.38.
Alliance Data Systems (ADS -1.45%) rose 3% in after-hours trading after it was announced that it will replace Abercrombie & Fitch (ANF -0.98%) in the S&P 500 after the market close on December 20.
Mohawk Industries (MHK -1.06%) climbed 2.5% in after-hours trading after it was announced that it will replace (JDSU -1.14%) in the S&P 500 after the market close on December 20.
Facebook (FB -1.71%) gained over 4% in after-hours trading after it was announced that it will replace Teradyne (TER -1.12%) in the S&P 500 after the market close on December 20.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 -0.04%) this morning aredown -2.75 points (-0.15%) at a 3-week low . The S&P 500 index on Wednesday closed lower after a Congressional budget accord boosted speculation that the Fed may start to taper QE3 sooner than expected. Another negative for stocks was year-end profit-taking with the S&P 500 up nearly 24% for the year. Closes: S&P 500 -1.13%, Dow Jones -0.81%, Nasdaq 100 -1.29%.
Mar 10-year T-notes (ZNH14 -0.04%) this morning are unchanged. Mar T-notes on Wednesday closed lower on expectations that U.S. lawmakers will pass a budget agreement that averts a government shutdown and gives the Fed the green light to begin tapering bond purchases. Another negative for T-note prices was weak demand for the Treasury’s $21 billion auction of 10-year T-notes, which had a 2.61 bid-to-cover ratio, below the 12-auction average of 2.74. Closes: TYH4 -11.50, FVH4 -6.00.
The dollar index (DXY00 +0.03%) this morning is up +0.017 (+0.02%). EUR/USD (^EURUSD) is up +0.0002 (+0.01%) and USD/JPY (^USDJPY) is up +0.30 (+0.29%). The dollar index on Wednesday posted a 5-week low. EUR/USD rallied to a 6-week high on reduced Eurozone sovereign debt concerns after the yield on Spain’s 5-year bonds tumbled to an 8-year low of 2.52%. Closes: Dollar index -0.072 (-0.09%), EUR/USD +0.00248 (+0.18%), USD/JPY -0.414 (-0.40%).
Jan WTI crude oil (CLF14 +0.24%) this morning is up +31 cents (+0.32%) and Jan gasoline (RBF14 +0.14%) is up +0.0004 (+0.02%). Jan crude oil and gasoline prices on Wednesday closed lower. Jan crude fell back from a 6-week high and Jan gasoline dropped to a 2-week low on bearish factors that included (1) weekly EIA data that showed U.S. crude oil production in the week ended Dec 6 rose +0.8% to a 25-year high of 8.075 million barrels a day, (2) U.S. distillate fuel production for the week ended Dec 6 of 5.26 million barrels a day, a 27-year high, (3) the larger-than-expected +6.717 million bbl increase in weekly gasoline stockpiles to a 2-month high of 219.15 million bbl, and (4) the +625,000 bbl increase in crude supplies at Cushing, OK, the delivery point for WTI futures, to a 4-1/2 month high of 41.223 million bbl. Closes: CLF4 -1.07 (-1.09%), RBF4 -0.0218 (-0.81%).

GLOBAL EVENT CALENDAR12/12/2013

US	0830 ET	Weekly initial unemployment claims expected +22,000 to 320,000, previous -23,000 to 298,000. Weekly continuing claims expected +13,000 to 2.757 million, previous -21,000 to 2.744 million.
	0830 ET	Nov retail sales expected +0.6% and +0.2% ex autos, Oct +0.4% and +0.2% ex autos.
	0830 ET	Nov import price index expected -0.7% m/m and -1.7% y/y, Oct -0.7% m/m and -2.0% y/y.
	0830 ET	USDA weekly Export Sales.
	1000 ET	Oct business inventories expected +0.3%, Sep +0.6%.
	1100 ET	Treasury announces amount of 2-year T-notes (previous $32 billion), 5-year T-notes (previous $35 billion), 7-year T-notes (previous $29 billion) and 5-year TIPS (previous $16 billion) to be auctioned Dec 17-19.
	1300 ET	Treasury auctions $13 billion 30-year T-bonds.
EUR	0300 ET	ECB President Mario Draghi speaks in the EU Parliament on ECB policy.
	0400 ET	ECB publishes monthly report for December.
	0500 ET	Eurozone Oct industrial production expected +0.3% m/m and +1.1% y/y, Sep -0.5% m/m and +1.1% y/y.
JPN	2330 ET	Revised Japan Oct industrial production, previous +0.5% m/m and +4.7% y/y. Oct capacity utilization, Sep +1.2% m/m.

U.S. STOCK CALENDAR12/12/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
WW Grainger Inc	GWW US	8:00	November 2013 Sales and Revenue Call	2013
WW Grainger Inc	GWW US	8:00	November 2013 Sales and Revenue Release	2013
Stanley Black & Decker Inc	SWK US	8:00	Business Update Call
Cisco Systems Inc	CSCO US	8:00	Financial Analyst Conference	Y 2013
MetLife Inc	MET US	8:00	Investor Conference	Y 2013
International Game Technology	IGT US	8:30	Analyst Day	Y 2013
Nordson Corp	NDSN US	8:30	Q4 2013 Earnings Call	Q4 2013
DIRECTV	DTV US	8:30	Investor Day	Y 2013
Exelis Inc	XLS US	8:30	Business Update Call
Aetna Inc	AET US	9:00	Investor Conference	Y 2013
Exxon Mobil Corp	XOM US	10:00	FY 2014 Guidance Call	Y 2014
WR Grace & Co	GRA US	11:00	Business Update Call
Danaher Corp	DHR US	12:30	Investor and Analyst Meeting	Y 2013
AmerisourceBergen Corp	ABC US	12:45	Investor Day	Y 2013
Kimco Realty Corp	KIM US	13:00	Investor Day	Y 2013
Nielsen Holdings NV	NLSN US	13:00	Investor Day	Y 2013
Adobe Systems Inc	ADBE US	17:00	Q4 2013 Earnings Call	Q4 2013
Science Applications International Corp	SAIC US	17:00	Q3 2014 Earnings Call	Q3 2014
United Technologies Corp	UTX US	17:30	Analyst and Investor Meeting	Y 2013
Adobe Systems Inc	ADBE US	Aft-mkt	Q4 2013 Earnings Release	Q4 2013	0.319
Science Applications International Corp	SAIC US	Aft-mkt	Q3 2014 Earnings Release	Q3 2014	0.555
Myriad Genetics Inc	MYGN US	20:30	Analyst and Investor Day	Y 2013
Bristol-Myers Squibb Co	BMY US		FDA Adcomm, dapagliflozin (Forxiga), type II diabetes
Merck & Co Inc	MRK US		FDA Adcomm, Grastek, Timothy grass pollen allergy, immunotherapy tablet
Ascena Retail Group Inc	ASNA US		Annual General Meeting

Altisource Asset Management - Barchart's Chart of the Day

Altisource Asset Management (AAMC) is the Barchart Chart of the Day.  The stock has a Trend Spotter buy, a Weighted Alpha of 595.94+ and rose form 15.00 to 1005.00 in the last year.


The Chart of the Day is Altisource Asset Management (AAMC).  I found the stock by sorting the All Time High List for the frequency of new highs in the last month and it was right near the top of the list.  The stock is off the charts and in the last year went from 15.00 to 1005.00!

The company provides portfolio management and corporate governance services to Real-Estate Investment Trusts and other real-estate portfolio-driven entities. Altisource Asset Management Corp is based in the U.S. Virgin Islands.

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
• 16 new highs and up 60.35% in the last month
• Relative Strength Index 87.98%
• Barchart computes a technical support level at 924.75
• Recently traded at 1005.00 with a 50 day moving average of 667.91

Fundamental factors:

• Market Cap $2.35 billion
• Revenue in last 9 months $31 million
• Loss of $6 million in last 9 months
• No analysts following this stock
• Based in the Virgin Islands
• Short interest is 24 days trading volume

OK, this stock is presented to show you what NOT to do.  Only $20 million in revenue and that at a loss of $6 million.  Stock is up 6,600% in a year and is based in the Virgin Islands.  Is there anyone reading this column that would even consider this an investment at this level?

Today's Top 5 Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index to find the stocks that hit the most frequent new highs in the last month.  I skipped over the stocks that did not have positive gains for both the last week and month and reviewed the chart using the Flipchart function.

Today's list includes Arris Group (ARRS), Super Micro Computer (SMCI), Kindred Healthcare (KND), Interval Leisure Group (IILG), Consolidated Graphics (CGX):

Arris Group (ARRS)

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 25.68% in the last month
• Relative Strength Index 82.64%
• Barchart computes a technical support level at 20.71
• Recently traded at 21.60 with a 50 day moving average of 18.11

Super Micro Computers (SMCI)

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 16.14% in the last month
• Relative Strength Index 75.45%
• Barchart computes a technical support level at 16.40
• Recently traded at 16.85 with a 50 day moving average of 14.66

Kindred Healthcare (KND)

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 42.30% in the last month
• Relative Strength Index 79.84%
• Barchart computes a technical support level at 17.02
• Recently traded at 19.64 with a 50 day moving average of 15.28

Interval Leisure Group (IILG)

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 15.12% in the last month
• Relative strength Index 79.06
• Barchart computes a technical support level at 28.26
• Recently traded at 28.55 with a 50 day moving average of 25.19

Consolidated Graphics (CGX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new high and up 7.42% in the last month
• Relative strength Index 68.03%
• Barchart computes a technical support level at 64.52
• Recently traded at 65.65 with a 50 day moving average of 61.96

BARCHART MORNING CALL 12/11

BARCHART MORNING CALL

Wednesday, December 11th, 2013View Older Reports

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

E-mail:

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 +0.04%) this morning are down -0.11% and European stocks are up +0.32% as investors assess the likelihood that U.S. lawmakers can pass an accord to limit automatic spending cuts and avoid a government shutdown. Asian stocks closed lower: Japan -0.62%, Hong Kong -1.71%, China -1.65%, Taiwan -0.11%, Australia -0.76%, Singapore -0.68%, South Korea -0.81%, India -0.39%. U.S. Congressional negotiators reached a budget accord late yesterday to limit automatic spending cuts for the next 2-years, remove the risk of a government shutdown early next year and cut the deficit by as much as $23 billion. Both the Senate and the House of Representatives must now pass the deal. Commodity prices are mixed. Jan crude oil (CLF14 -0.12%) is down -0.12% as prices fall back from a 1-1/2 month high after the IEA raised its 2014 global oil demand forecast by +240,000 barrels a day from a Nov forecast to 92.4 million barrels a day. Jan gasoline (RBF14 -0.64%) is down -0.57%. Feb gold (GCG14 -0.36%) is down -0.29%. March copper (HGH14 +0.08%) is up +0.26%. Agricultural and livestock prices are higher. The dollar index (DXY00 unch) is unch. EUR/USD (^EURUSD) is up +0.05%. USD/JPY (^USDJPY) is down -0.32%. March T-note prices (ZNH14 -0.15%) are down -3 ticks.
Japan Oct machine orders, an indicator of future capital spending, rose +0.6% m/m, slightly below expectations of +0.7% m/m, while on an annual basis orders rose +17.8% y/y, stronger than expectations of +15.0% y/y and the fastest pace in 2-1/3 years,
Japan Nov domestic CGPI rose +0.1% m/m and +2.7% y/y, right on expectations.
China Nov new yuan loans increased +624.6 billion yuan, more than expectations of +580.0 billion yuan.
The final German Nov CPI (EU harmonized) was left unrevised at +0.2% m/m and +1.6% y/y.

U.S. STOCK PREVIEW

The Treasury today will sell $21 billion in 10-year T-notes. There are three of the Russell 1000 companies that report earnings today: Joy Global (consensus $1.12), Costco (1.02), and Nordson Corp (0.94).
Equity conferences during the remainder of this week include: UBS Global Media and Communications Conference on Mon-Wed, Oppenheimer Health Care Conference on Tue-Wed, Goldman Sachs Financial Services Conference on Tue-Wed, Bank of America Merrill Lynch US Basic Materials Conference on Tue-Wed, BMO Technology and Digital Media Conference on Tue-Wed, BMO Capital Markets Technology, Media & Entertainment Conference on Tue-Wed, Wells Fargo Energy Symposium on Wed, Wells Fargo Securities Pipeline, MLP, and Energy Symposium on Wed,
Capital One Southcoast Energy Conference on Wed-Thu, Barclays Information and IT Services Forum on Thu, Barclays Select Series Information and IT Series Forum Conference on Thu, and AHIP Exchange Conference 2013 on Thu.

OVERNIGHT U.S. STOCK MOVERS

Joy Global (JOY +0.55%) reported Q4 EPS of $1.11, weaker than consensus of $1.12, and lowered guidance on fiscal 2014 adjusted EPS to $3.00-$3.50, below consensus of $3.68.
General Dynamics (GD +0.02%) was upgraded to 'Fair Value' from 'Sell' at CRT Capital.
Costco Wholesale (COST -1.33%) reported Q1 EPS of 96 cents, below consensusu of $1.02.
Billionare investor Carl Icahn reported that he bought 1.38 million shares of Nuance (NUAN -0.78%) and raised his stake in the company to 60.3 million shares.
The WSJ and the AP reported that House and Senate negotiators reached a budget deal replacing automatic spending cuts with longer-term savings.
Franklin Resources (BEN -1.27%) raised its quarterly dividend 2 cents to 12 cents per share and said the company board authorized a 30 million share repurchase program.
Scripps Networks (SNI +0.68%) surged over 13% in after-hours trading after Variety said Discovery DISCA is weighing a bid for the company.
BlackBerry (BBRY +3.83%) was downgraded to 'Sell' from 'Neutral' at Citigroup.
Qualcomm (QCOM +0.01%) was upgraded to 'Buy' from 'Neutral' at Citigroup.
MasterCard (MA +0.63%) moved up over 3% in after-hours trading after it announced a 10-for-1 stock split and said it will buy back up to $3.5 billion worth of stock.
BlackRock reported a 10.14% passive stake in Telecom Italia (TI +3.16%) .
H&R Block (HRB -0.76%) reported a Q2 adjusted EPS loss of -42 cents, a bigger loss than consensus of -37 cents.
Smith & Wesson (SWHC -0.66%) shot 5% higher in after-hoursreported Q2 EPS of 28 cents, well above consensus of 21 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 +0.04%) this morning are down -2.00 points (-0.11%). The S&P 500 index on Tuesday closed lower on carry-over weakness from a drop in European and Asian equity markets on Chinese economic growth concerns after China Nov industrial production rose +10.0% y/y, weaker than expectations of +10.1% y/y and the slowest pace of growth in 4 months. Declines were limited on signs of strength in the U.S. labor market after news that U.S. Oct job openings rose +42,000 to 3.925 million, the highest since May 2008. Closes: S&P 500 -0.32%, Dow Jones -0.33%, Nasdaq 100 -0.20%.
Mar 10-year T-notes (ZNH14 -0.15%) this morning are down -3 ticks. Mar T-notes on Tuesday closed higher on increased safe-haven demand after global stock markets fell on Chinese economic growth concerns with the weaker-than-expected China Nov industrial production report. Closes: TYH4 +17.00, FVH4 +7.75.
The dollar index (DXY00 unch) this morning is unch. EUR/USD (^EURUSD) is up +0.0007 (+0.05%) and USD/JPY (^USDJPY) is down -0.33 (-0.32%). The dollar index on Tuesday fell to a 5-week low. EUR/USD posted a 5-week high after ECB Executive Board member Coeure said the Eurozone “is nowhere near deflation,” which bolstered speculation the ECB may not expand stimulus measures. USD/JPY fell back from a 6-1/2 month high after the yen strengthened when Japan Nov machine tool orders rose by the most in 23 months, which spurred short covering in the yen on speculation the BOJ will refrain from expanding its stimulus measures. Closes: Dollar index -0.168 (-0.21%), EUR/USD +0.00223 (+0.16%), USD/JPY -0.414 (-0.40%).
Jan WTI crude oil (CLF14 -0.12%) this morning is down -12 cents (-0.12%) and Jan gasoline (RBF14 -0.64%) is down -0.0153 (-0.57%). Jan crude oil and gasoline prices on Tuesday closed higher. Jan crude rallied to a 6-week high on the decline in the dollar index to a 5-week low and on expectations for Wednesday’s weekly EIA crude inventories to fall -3.0 million bbl. Gasoline prices rose after the EIA raised its 2013 U.S. gasoline demand forecast to 8.77 million barrels a day, up +0.5% from a Nov forecast, and raised their 2014 U.S. gasoline demand forecast to 8.74 million barrels a day, up from a Nov estimate of 8.69 million. Closes: CLF4 +1.17 (+1.20%), RBF4 +0.0080 (+0.30%).

GLOBAL EVENT CALENDAR12/11/2013

US	0700 ET	Weekly MBA mortgage applications, previous -12.8% with purchase sub-index -4.1% and refi sub-index 17.5%.
	1030 ET	EIA Weekly Petroleum Status Report.
	1300 ET	Treasury auctions $21 billion 10-year T-notes.
	1400 ET	Nov monthly budget statement expected -$140.0 billion, Oct -$91.592 billion.
GER	0200 ET	Revised German Nov CPI (EU harmonized), previous +0.2% m/m and +1.6% y/y.

U.S. STOCK CALENDAR12/11/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Joy Global Inc	JOY US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	1.116
Costco Wholesale Corp	COST US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	1.024
Boston Scientific Corp	BSX US	8:00	FDA Adcomm, Watchman, Stroke Prevention in Atrial Fibrillation
Chicago Bridge & Iron Co NV	CBI US	8:00	Investor Day	Y 2013
H&R Block Inc	HRB US	8:30	Q2 2014 Earnings Call	Q2 2014
Marathon Oil Corp	MRO US	8:30	Analyst Day	Y 2013
Delta Air Lines Inc	DAL US	8:30	Investor Day	Y 2013
Home Depot Inc/The	HD US	9:00	Investor and Analyst Conference	Y 2013
Henry Schein Inc	HSIC US	9:00	Analyst & Investor Day	Y 2013
Joy Global Inc	JOY US	11:00	Q4 2013 Earnings Call	Q4 2013
Costco Wholesale Corp	COST US	11:00	Q1 2014 Earnings Call	Q1 2014
Amgen Inc	AMGN US	14:00	Business Update Call
Nordson Corp	NDSN US	16:30	Q4 2013 Earnings Release	Q4 2013	0.935
Bristol-Myers Squibb Co	BMY US		FDA Adcomm, metreleptin, metabolic disorders associated w/ lipodystrophy
Equifax Inc	EFX US		Investor Meeting - San Francisco	Y 2013
Progressive Corp/The	PGR US		November 2013 Sales and Revenue Release	2013
Pall Corp	PLL US		Annual General Meeting
Palo Alto Networks Inc	PANW US		Annual General Meeting

Smith and Nephew - Barchart's hart of the Day

Smith & Nephew (SNN) is the Chart of the Day.  Although the medical device company has a Weighted Alpha of only 34.30+ and gained 29.35% in the last year it has a Trend Spotter buy signal and gained 15.71% in the last 3 months.

The Chart of the Day is Smith & Nephew (SNN).  I found the stock by sorting the New High List for the most frequent new highs in the last month and except for other stocks that have recently been a Chart of the Day this stock was right near the top of the list.  Since the last Trend Spotter buy signal on 10/14 the stock has gained 17.17%

The company markets clinically superior products, principally in orthopedics, endoscopy and wound management to deliver cost-effective solutions, significant physician advantage and real patient benefits. A continuous process of supplying new and innovative products is supported by substantial R&D investment to deliver new levels of healing to patients throughout the world.

Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 8.45% in the last month
• Relative Strength Index 86.89%
• Barchart computes a technical support level at 69.37
• Recently traded at 70.23 with a 50 day moving average of 64.79

Fundamental factors:

• Market Cap $12.66 billion
• P/E 18.63
• Dividend yield 1.86%
• Analysts project revenue will grow 4.70% this year and another 5.10% next year
• Earnings are estimated to increase 8.20% next year and continue to increase by 7.00% annually for the next 5 years

This is a foreign stock with dual listing and is not widely followed in the US.  Treat it as a technical play and watch the moving averages very closely.

Today's 5 Best Mid Caps

Today I used Barchart to sort the S&P 400 Mid Cap Index for the stocks hitting the most frequency new high in the last month.  I skipped over the stocks that did not have positive increases for both the last week and month and eliminated those that hadn't established long term trends.

Today's list includes Temper-Pedic International (TPX), Copart (CPRT), RR Donnelley & Sons (RRD), Gartner Inc (IT) and First American (FAF):

Temper-Pedic International (TPX)

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 15.00% in the last month
• Relative Strength Index 75.74%
• Barchart computes a technical support level at 50.59
• Recently traded at 51.53 with a 50 day moving average of 44.27

Copart (CPRT)

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 13.70% in the last month
• Relative Strength Index 69.55%
• Barchart computes a technical support level at 35.18
• Recently traded at 34.45 with a 50 day moving average of 32.91

RR Donnelley & Sons (RRD)

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 12.04% in the ;last month
• Relative Strength Index 63.73%
• Barchart computes a technical support level at 19.30
• Recently traded at 19.06 with a 50 day moving average of 17.43

Gartner Inc (IT)

Barchart technical indicators:

• 88%^ Barchart technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 9.18% in the last month
• Relative Strength Index 64.99%
• Barchart computes a technical support level at 65.17
• Recently traded at 65.80 with a 50 day moving average of 61.64

First American (FAF)

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 9.17% in the last month
• Relative Strength Index 74.46%
• Barchart computes a technical support level at 27.20
• Recently traded at 27.49 with a 50 day moving average of 25.47

BARCHART MORNING CALL 12/10

BARCHART MORNING CALL

Tuesday, December 10th, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 -0.01%) this morning are up +0.10% and European stocks are up +0.19%. Asian stocks closed mostly lower: Japan -0.25%, Hong Kong -0.28%, China +0.10%, Taiwan -0.01%, Australia -0.02%, Singapore -1.03%, South Korea -0.39%, India -0.33%. Asian stocks were mostly lower after China Nov industrial production rose less than expected, while European stocks gained after UK industrial output rose as expected. Reduced European sovereign debt concerns were another positive for European shares after the yield spread between Spanish 10-year bonds and German bunds narrowed to as low as 220 bp, the least in 2-1/2 years. Commodity prices are mostly higher. Jan crude oil (CLF14 +1.28%) is up +1.19% at a 6-week high. Jan gasoline (RBF14 +0.93%) is up +1.06%. Feb gold (GCG14 +1.17%) is up +0.96%. March copper (HGH14 +0.37%) is up +0.48% at a 2-week high after LME copper inventories tumbled -3,225 MT to a 9-3/4 month low of 402,050 MT. Agricultural and livestock prices are mixed. The dollar index (DXY00 -0.08%) is down -0.04% at a 5-week low. EUR/USD (^EURUSD) is up +0.04% at a 5-week high after ECB Executive Board member Coeure said the Eurozone "is nowhere near deflation," which signals the ECB may not expand its stimulus measures. USD/JPY (^USDJPY) is down -0.17%. March T-note prices (ZNH14 +0.28%) are up +10 ticks.
China Nov industrial production rose +10.0% y/y, weaker than expectations of +10.1% y/y and the slowest pace in 4-months, although Nov retail sales climbed at a +13.7% y/y pace, better than expectations of +13.2% y/y and the fastest pace in 11-months.
ECB Executive Board member Coeure said that while price gains are low, the Eurozone "is nowhere near deflation" and that inflation rates will come back to 2% "at some later point but not so long after" the ECB's forecast horizon of 2015.
Japan Nov machine tool orders climbed +15.4% y/y, the fastest pace in 23-months.
The Japan Oct tertiary industry index unexpectedly fell -0.7% m/m, weaker than expectations of +0.1% m/m.
The Japan Q3 BSI large all industry business conditions fell back to 8.3 from 12.0 in Q3 and the Q4 BSI large manufacturing business conditions dropped to 9.7 from 15.2 in Q3.
Japan Nov consumer confidence rose +1.3 to 42.5, a smaller increase than expectations of +1.8 to 43.0.
UK Oct industrial production rose +0.4% m/m and +3.2% y/y, right on expectations, and Oct manufacturing production rose +0.4% m/m and +2.7% y/y, slightly weaker than expectations of +0.4% m/m and +2.9% y/y.

U.S. STOCK PREVIEW

The Treasury today will kick off this week’s $64 billion auction package by selling $30 billion in 3-year T-notes. The Treasury will then sell $21 billion of reopened 10-year T-notes on Wednesday and $13 billion of opened 30-year bonds on Thursday. There are 7 of the Russell 1000 companies that report earnings today: Toll Brothers (consensus $0.43), Greif (0.83), HD Supply (0.36), Leidos Holdings (0.40), Autozone (6.28), John Wiley (0.73), H&R Block (-0.37).
Equity conferences during the remainder of this week include: UBS Global Media and Communications Conference on Mon-Wed, Raymond James Systems Semiconductors, Software & Supply Chain Conference on Mon-Tue, Bloomberg Enterprise Technology Summit on Tue,
Jefferies Storage Summit on Tue, BMO Capital MarketsTechnology & Digital Media Conference on Tue, Raymond James Supply Chain Conference on Tue, Oppenheimer Health Care Conference on Tue-Wed, Goldman Sachs Financial Services Conference on Tue-Wed, Bank of America Merrill Lynch US Basic Materials Conference on Tue-Wed, BMO Technology and Digital Media Conference on Tue-Wed, BMO Capital Markets Technology, Media & Entertainment Conference on Tue-Wed, Wells Fargo Energy Symposium on Wed, Wells Fargo Securities Pipeline, MLP, and Energy Symposium on Wed, Capital One Southcoast Energy Conference on Wed-Thu, Barclays Information and IT Services Forum on Thu, Barclays Select Series Information and IT Series Forum Conference on Thu, and AHIP Exchange Conference 2013 on Thu.

OVERNIGHT U.S. STOCK MOVERS

Citigroup keeps a 'Buy' rating on FedEx (FDX +0.30%) and raised its price target on the stock to $170 from $140.
Celgene (CELG +2.15%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse.
Burlington Stores (BURL +0.29%) reported a Q3 adjusted EPS loss of -5 cents, smaller than consensus of -6 cents.
AutoZone (AZO -0.49%) reported Q1 EPS of $6.29, stronger than consensus of $6.27.
Toll Brothers (TOL +2.10%) reported Q4 EPS of 54 cents, better than consensus of 43 cents
Harman (HAR -0.36%) was upgraded to 'Outperform' from 'Market Perform' at Wells Fargo who also raised their price target on the stock to $95-$100 from $74-$78.
Vivendi (VIVHY -0.31%) was upgraded to 'Buy' from 'Hold' at Deutsche Bank.
Vail Resorts (MTN +1.44%) reported a Q1 EPS loss of -$2.04, a bigger loss than consensus of -$1.91.
Casey's General Stores (CASY -1.43%) reported Q2 EPS of $1.06, below consensus of $1.14.
Pep Boys (PBY -0.22%) slumped over 12% in pre-market trading after it reported Q3 EPS of 2 cents, well below consensus of 14 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 -0.01%) this morning are up +1.75 points (+0.10%). The S&P 500 index on Monday rose to a 1-week high and closed higher on carry-over support from Friday’s stronger-than-expected Nov non-farm payrolls report, which bolstered speculation the economy is strong enough to handle QE3 tapering. Stocks also received a boost on signs of strength in the global economy after China Nov exports rose +12.7% y/y, more than expectations of +7.0% y/y and the most in 7 months. Closes: S&P 500 +0.18%, Dow Jones +0.03%, Nasdaq 100 +0.34%.
Mar 10-year T-notes (ZNH14 +0.28%) this morning are up +10 ticks. Mar T-notes on Monday closed higher on signs the Fed may limit its reduction of bond purchases after St. Louis Fed President Bullard said any reduction in bond buying should be modest to account for low inflation. Bullard also said “should inflation not return toward the Fed’s 2% target, the FOMC could pause tapering at subsequent meetings.” Closes: TYH4 +4.00, FVH4 +1.25.
The dollar index (DXY00 -0.08%) this morning is down -0.033 (-0.04%) at a fresh 5-week low. EUR/USD (^EURUSD) is up +0.0006 (+0.04%) at a 5-week high and USD/JPY (^USDJPY) is down -0.18 (-0.17%). The dollar index on Monday fell to a 5-week low and closed lower as strength in stocks reduced the safe-haven demand for the dollar. EUR/USD posted a 5-week high on signs of stronger economic growth in Europe after German Oct exports unexpectedly rose +0.2% m/m, better than expectations of a -0.5% m/m decline. Closes: Dollar index -0.181 (-0.23%), EUR/USD +0.00356 (+0.26%), USD/JPY +0.344 (+0.33%).
Jan WTI crude oil (CLF14 +1.28%) this morning is up +$1.16 a barrel (+1.19%) at a 6-week high and Jan gasoline (RBF14 +0.93%) is up +2.84 cents a gallon (+1.06%). Jan crude oil and gasoline prices on Monday closed lower. Crude prices fell on concern about global demand after German Oct industrial production unexpectedly declined. Gasoline was dragged lower on signs that U.S. refiners will continue to boost gasoline output after the utilization rate for U.S. refiners in the week ended Nov 29 rose to 92.4%, the highest seasonal level in 9 years. Closes: CLF4 -0.31 (-0.03%), RBF4 -0.0571 (-2.09%).

GLOBAL EVENT CALENDAR12/10/2013

US	1000 ET	Oct wholesale inventories expected +0.3%, Sep +0.4%. Oct wholesale trade sales expected +0.2%, Sep +0.6%.
	1200 ET	Dec WASDE crop production report.
	1300 ET	Treasury auctions $30 billion 3-year T-notes.
	1630 ET	API weekly U.S. oil statistics.
JPN	0000 ET	Japan Nov consumer confidence index expected +2.3 to 43.4, Oct 41.2.
	0100 ET	Japan Nov machine tool orders, Oct +8.4% y/y
	1850 ET	Japan Oct machine orders expected +0.7% m/m and +15.0% y/y, Sep -2.1% m/m and +11.4% y/y.
	1850 ET	Japan Nov domestic CGPI expected +0.1% m/m and +2.7% y/y, Oct -0.1% m/m and +2.5% y/y.
CHI	0030 ET	China Nov industrial production expected +10.1% y/y, Oct +10.3% y/y.
	0030 ET	China Nov retail sales expected +13.2% y/y, Oct +13.3% y/y.
UK	0430 ET	UK Oct industrial production expected +0.4% m/m and +3.2% y/y, Sep +0.9% m/m and +2.2% y/y.
	0430 ET	UK Oct manufacturing production expected +0.4% m/m and +2.9% y/y, Sep +1.2% m/m and +0.8% y/y.
EUR	0700 ET	ECB President Mario Draghi speaks at a conference in Rome.

U.S. STOCK CALENDAR12/10/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
Toll Brothers Inc	TOL US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	0.426
Greif Inc	GEF US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	0.826
HD Supply Holdings Inc	HDS US	6:00	Q3 2014 Earnings Release	Q3 2014	0.361
Leidos Holdings Inc	LDOS US	6:01	Q3 2014 Earnings Release	Q3 2014	0.403
AutoZone Inc	AZO US	7:00	Q1 2014 Earnings Release	Q1 2014	6.277
Cardinal Health Inc	CAH US	8:00	Investor and Analyst Day	Y 2013
John Wiley & Sons Inc	JW/A US	8:00	Q2 2014 Earnings Release	Q2 2014	0.725
Leidos Holdings Inc	LDOS US	8:00	Q3 2014 Earnings Call	Q3 2014
HD Supply Holdings Inc	HDS US	8:00	Q3 2014 Earnings Call	Q3 2014
TD Ameritrade Holding Corp	AMTD US	8:30	November 2013 Sales and Revenue Release	2013
Broadcom Corp	BRCM US	8:30	Analyst Day	Y 2013
Harsco Corp	HSC US	9:00	Investor Day	Y 2013
PVH Corp	PVH US	9:00	Q3 2014 Earnings Call	Q3 2014
Tesoro Corp	TSO US	9:00	Analyst and Investor Meeting	Y 2013
Fiserv Inc	FISV US	9:30	Investor Conference	Y 2013
AutoZone Inc	AZO US	10:00	Q1 2014 Earnings Call	Q1 2014
John Wiley & Sons Inc	JW/A US	10:00	Q2 2014 Earnings Call	Q2 2014
Thor Industries Inc	THO US	13:00	Annual General Meeting	Y 2013
Toll Brothers Inc	TOL US	14:00	Q4 2013 Earnings Call	Q4 2013
Greif Inc	GEF US	15:00	Q4 2013 Earnings Call	Q4 2013
H&R Block Inc	HRB US	Aft-mkt	Q2 2014 Earnings Release	Q2 2014	-0.37
Equifax Inc	EFX US		Investor Meeting - Los Angeles	Y 2013