Oiltanking Partners LP - Barchart's Chart of the Day

Oiltanking Partners LP (OILT) is the Barchart Chart of the Day.  The petroleum products transportation stock has a Trend Spotter buy signal, a Weighted Alpha of 105.30+ and gained 84.62% in the last month.

The Chart of the Day is Oiltanking Partners LP (OILT).  There are many different way to find great stocks on Barchart.  Today I used the Signals screen under the Stock tab to find the top 10 performers then sorted them for new high frequency in the last month.  I then used the Flipchart feature to review the charts to find the one I liked best.  Since the Trend Spotter signaled a buy ion 2/26 the stock has gained 40.97%.

OILT is engaged in providing terminaling, storage and transportation of crude oil, refined petroleum products and liquefied petroleum gas. The Company provides its services to integrated oil companies, distributors, marketers and chemical and petrochemical companies. Its assets are located along the upper Gulf Coast of the United States.

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


Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 21.14% in the last month
• Relative Strength index 83.19%
• Barchart computes a technical support level at 88.82
• Recently traded at 94.52 with a 50 day moving average of 78.90

Fundamental factors:

• Market Cap $2.08 billion
• P/E 35.30
• Dividend yield 2.17%
• Revenue predicted to increase by 24.30% this year and another 22.00% next year
• Earnings estimated to increase 23.80% this year, an additional 13.50% next year and continue to increase at an annual rate of 17.60% for the next 5 years
• Wall Street analysts issued 1 strong buy, 5 buy, 4 hold and 1 under perform recommendation on the stock

Anything with energy is having a field day recently.  Energy stocks can go down just as quickly as they go up.  Use a disciplined trading program and use the 50 day moving average as a caution signal and the 100 day moving average to confirm a trend and exit point.

STMicroelectronics - Barchart's Chart of the Day

STMicroelectronics NV (STNM) is the Barchart Chart of the Day.  The Dutch Semiconductor stock has a Trend Spotter buy signal, a Weighted Alpha of 26.07+, gained 21.29 while paying a 3.49% dividend.


The Chart of the Day is STMicroelectronics NV (STM).  I found the stock by sorting today's New High list after I sorted for frequency in the last month, I used the Flipchart feature to find the chart I liked. Since the Trend Spotter signaled a buy on 4/29 the stock gained 2.75%.

STM is a global independent semiconductor company which designs, develops, manufactures and markets a broad range of semiconductor integrated circuits and discrete devices used in a wide variety of microelectronic applications, including telecommunications systems, computer systems, consumer products, automotive products and industrial automation and control systems.

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

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 13.30% in the last month
• Relative Strength Index 66.02%
• Barchart computes a technical support level at 9.62
• Recently traded at 9.63 with a 50 day moving average of 9.24

Fundamental factors:

• Market Cap $8.58 billion
• Dividend yield 3.49%
• Revenue predicted to be down 3.70% this year but up again by 8.50% next year
• Earnings are expected to be robust and up 195.70% this year, an additional 150.00% next year and continue to increase at the annual rate of 5.00% for the next 5 years
• Wall Street analysts issued 1 strong buy, 2 buys, 3 hold and 1 under perform recommendation on the stock

Tech has suffered in the first half of the year but should recover soon. Be disciplined and use the 50 day moving average to gauge weakness and the 100 day moving average to preserve profits.

Amkor Technology - Barchart's Chart of the Day

Amkor Technology (AMKR) is the Barchart Chart of the Day.  The semiconductor packaging and testing stock has a Trend Spotter buy signal, a Weighted Alpha of 134.85+ and gained 101.09% in the last year.

The Chart of the Day is Amkor Technology (AMKR).  I found the stock by sorting the 52 Week New High List for frequency in the last month, then used the Flipchart feature to review the charts.  Since the Flipchart feature signaled a buy on 2/21 the stock gained 62.32%.

Amkor is an independent provider of semiconductor packaging and test services. Also, the company a developer of advanced semiconductor packaging and test technology. They offer integrated sets of packaging and test services, which are the final procedures necessary to prepare semiconductor devices for further use. Its customers outsource the packaging and testing of semiconductor chips to the company in order to benefit from the our expertise in the development and implementation.

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

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 33.29% in the last month
• Relative Strength Index 84.75%
• Barchart computes a technical support level at 9.06
• Rewcently traded at 9.22 with a 50 day moving average of 7.19

Fundamental factors:

• Market Cap $2.01 billion
• P/E 16.39
• Revenue expected to grow 5.70% this year and another 6.60% next year
• Earnings estimated to increase 25.00% this year, an additional 24.30% next year and continue to increase annually by 12.00% for the next 5 years
• Wall Street analysts issued 1 strong buy, 2 buy and 2 hold recommendations on the stock

I personally own this stock.  I will use the 50 day moving average to gauge weakness and exit on the 100 day moving average

Voranado Realty Trusts - Barchart's Chart of the Day

Vornado Realty Trust (VNO) is the Barchart Chart of the Day.  The fully integrated real estate investment trust has a Trend Spotter buy signal, a Weighted Alpha of 26.07+, gained 21.29% in the last year and pays a 2.77% dividend.

The Chart of the Day is Vornado Realty Trust (VNO).  I found the stock by sorting the 52 week new high list for new high frequency in the last month, then used the Flipchart feature to review the charts. Since the Trend spotter signaled a buy on 3/31 the stock gained 6.77%.

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

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 7.21% in the last month
• Relative Strength Index 72.40%
• Barchart computes a technical support level at 103.81
• Recently traded at 105.23 with a 50 day moving average of 100.09

Fundamental factors:

• Market Cap $19.71 billion
• P/E 21.53
• Dividend yield 2.77%
• Revenue expected to decrease 1.70% this year but increase again by 1.20% next year
• Earnings estimated to increase 39.00% this year, an additional 6.30% next year and continue to increase annually by 13.43% for the next 5 years
• Wall Street analysts issued 2 strong buys, 5 buys, 5 holds and 1 under perform

Real estate is on a tear right now.  Watch the 50 day moving average for signs of weakness and use the 100 day moving average as an exit point

Novartis AG - Barchart's Chart of the Day

Novartis AG (NVS) is Barchart's Chart of the Day.  The large cap pharmaceutical has a Trend Spotter buy signal, a Weighted Alpha of 22.90+, gained 18.24% in the last year all while paying a 2.04% dividend.

The Chart of the Day is Novartis AG (NVS).  I fount the stock by sorting the 52 Week New High List for new high frequency in the last month, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled another buy on 3/34 the stock gained another 4.23%

Novartis AG is committed to improving health and well-being through innovative products and services. The company aspires to capture and hold a leadership position in all of their businesses with a strong, sustainable performance based on continuous innovation. Their long-term success is founded on meeting the expectations of all our stakeholders - their customers, their people, their shareholders and the communities in which they live and work. (Press Release)

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


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 7.19% in the last month
• Relative Strength Index 68.79%
• Barchart computes a technical support level at 88.18
• Recently traded at 88.61 with a 50 day moving average of 84.08

Fundamental factors:

• Market Cap $214.97 billion
• P/E 17.37
• Dividend yield 2.04%
• Revenue expected to grow 1.80% this year and an other 1.50% next year
• Earnings estimated to increase 5.40% this year, an additional 4.70% next year and continue to increase at an annual rate of 5.40% for the next 5 years
• Wall Street analysts issued 2 strong buy and 4 holds on the stock

If you have to have one big cap pharma, this might be it.  Use the 50 day moving average to gauge sings of weakness and the 100 day moving average to exit.

Some New Buys

I added some new stocks to the Barchart Van Meerten Speculative portfolio for great technical indicators and positive price momentum.  Additions include Sandridge Missippian Trust (SDR), MFA Financial (MFA), Magellan Petroleum (MPET) and ST Microelectronics (STN):

Sandridge Missippian Trust (SDR)

Barchart technical indicators:

• 24% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 8.24% in the last month
• Relative Strength Index 58.09%
• Barchart computes a technical sup[port level at 8.21
• Recently traded at 8.40 with a 50 day moving average of 7.96

MFA Financial (MFA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 3.06% in the last month
• Relative Strength Index 66.54%
• Barchart computes a technical support level at 7.98
• Recently traded at 8.06 with a 50 day moving average of 7.86

Magellan Petroleum (MPET)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 58.27% in the last month
• Relative Strength Index 79.73%
• Barchart computes a technical support level at 2.33
• Recently traded at 2.47 with a50 day moving average of 1.68

ST Micorelectronics (STM)

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 10.38% in the last month 
• Relative Strength Index 65.87%
• Barchart computes a technical support level at 9.41
• Recently traded at 9.69 with a 50 day moving average of 9.21

Barchart Morning Call 5/12

BARCHART MORNING CALL

Monday, May 12th, 2014View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM14 +0.39%) this morning are up +0.40% and European stocks are up +0.50% on increased M&A activity after Hillshire Foods said it will buy Pinnacle Foods in a $6.6 billion dollar deal along with speculation China will boost measures to stimulate economic growth. Asian stocks closed mixed: Japan -0.35%, Hong Kong +1.82%, China +2.16%, Taiwan -0.91%, Australia -0.23%, Singapore -0.91%, South Korea +0.59%, India +2.42%. China's Shanghai Stock Index rose to a 1-1/2 week high on speculation the government will take steps to support the market after Chinese President Xi Jinping said the government must prevent risks and take "timely counter-measures to reduce potential negative effects" of faltering growth. Chinese stocks also received a boost after the State Council said the government will relax foreign-investment limits in listed companies, increase quotas for capital flows, and develop commodities trading tools. Commodity prices are mixed. Jun crude oil (CLM14 +0.45%) is up +0.46%. Jun gasoline (RBM14 +0.97%) is up +0.92%. Jun gold (GCM14 +0.61%) is up +0.55%. July copper (HGN14 +2.06%) is up +2.24% at a 2-month high on signs of smaller supplies after LME copper inventories fell -3,000 MT to 205,325 MT, the lowest in 5-1/2 years. Agriculture prices are mixed. The dollar index (DXY00 -0.08%) is down -0.09%. EUR/USD (^EURUSD) is down -0.01%. USD/JPY (^USDJPY) is up +0.06%. June T-note prices (ZNM14 -0.10%) are down -4 ticks.
China Apr aggregate financing, China's broadest measure of new credit, fell to 1.55 trillion yuan from 2.07 trillion yuan in Mar. China Apr new yuan loans were 774.7 billion yuan, less than expectations of 800.0 billion yuan.
UK Apr Lloyds consumer barometer of employment confidence rose to 1 from -1 in Mar, the highest since that data series began in 2004.
Japan Apr bankruptcies rose +1.66% y/y, the first increase in 1-1/2 years.
Japan Apr eco-watchers expectations of confidence survey rose +25.6 from Mar to 50.3, better than expectations of +5.3 to 40.0 and the highest since government data began in 2000. Apr eco-watchers survey of current conditions fell -16.3 from Mar to 41.6, weaker than expectations of -12.9 to 45.0 and the lowest in 17 months.

U.S. STOCK PREVIEW

The markets this week will focus on (1) the ongoing crisis in Ukraine and whether the U.S. and Europe may yet launch sectoral sanctions against Russia, (2) Fed Chair Yellen’s comments on Thursday before the U.S. Chamber of Commerce and the U.S. Small Business Association along with comments by four other Fed officials this week, and (3) this week’s fairly busy U.S. economic schedule. The markets will be watching oil prices as another round of nuclear talks with Iran gets underway today in Vienna. There are 6 of the Russell 1000 companies that report earnings today: Concho Resources (consensus $0.98), McKesson (2.40), MBIA (0.14), Premier (0.32), Babcock & Wilcox (0.42), Rackspace Hosting (0.12).
Equity conferences this week include: Credit Suisse Shale Symposium on Mon, Deutsche Bank Access Clean Tech, Utilities & Power Conference on Mon, BMO Capital Markets IT Services Day on Tue, Goldman Sachs Global Staples Summit on Tue, Macquarie Extreme Services Conference on Tue, Nomura Global Gaming, Lodging & Leisure Conference on Tue, Nomura Inaugural Global Gaming, Lodging & Leisure Conference on Tue, Wedbush Transformational Technologies Management Access Conference on Tue, Bank of America Merrill Lynch Global Metals, Mining & Steel Conference on Tue, Barclays Americas Select Franchise Conference on Tue-Wed, Citi Global Energy & Utilities Conference on Tue-Wed, Oppenheimer Industrial Growth Summit on Tue-Wed, Credit Suisse Industrial & Environmental Services Conference on Tue-Wed, BMO Technology Conference on Wed, ISI Bermuda Energy Conference on Wed, J.P. Morgan Homebuilding & Building Products Conference on Wed, Embedded Systems Expo & Conference (ESEC) on Wed, Credit Suisse Disruptive Technology Conference on Wed, Sanford C Bernstein & Co Inaugural Thematic Financials Conference on Wed, Bank of America Merrill Lynch Healthcare Conference on Tue-Thu, RBC Capital Markets Aerospace and Defense Investor Day on Wed-Thu, JP Morgan Cazenove Business Service Conference on Thu, JP Morgan Homebuilding & Building Products Conference on Thu, JP Morgan Homebuilding & Building Products Conference on Thu, and Janney Spring Growth Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

Travelers (TRV +0.07%) was upgraded to 'Buy' from 'Neutral' at Guggenheim.
Twitter (TWTR +0.28%) was upgraded to 'Buy' from 'Neutral' at SunTrust.
Hillshire Brands (HSH +0.65%) will acquire Pinnacle Foods (PF +0.69%) for $6.6 billion.
Deere (DE +0.06%) was downgraded to 'Underperform' from 'Neutral' at Longbow.
Actavis (ACT -0.44%) was upgraded to 'Top Pick' from 'Outperform' at RBC Capital.
Chrysler (FIATY +1.16%) is recalling 780,000 2010-2014 Dodge Grand Caravan and Chrysler Town & Country minivans due to reports of overheating.
Pandora (P +1.89%) was upgraded to 'Buy' from 'Neutral' at MKM Partners.
M&T Bank (MTB +0.37%) was upgraded to 'Buy' from 'Neutral' at Goldman Sachs.
Core Laboratories (CLB -0.18%) lowered guidance on fiscal 2014 EPS view to $5.80-$6.00 from $6.00-$6.25, below consensus of $6.20.
Logitech (LOGI -2.49%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse.
Barclays (BCS -1.07%) was downgraded to 'Neutral' from 'Outperform' at Exane BNP Paribas.
Standard General reported a 9.8% passive stake in RadioShack (RSH -9.52%) .
Gabelli reported a 9.1% stake in National Fuel (NFG +0.74%) .
Amarin (AMRN -3.21%) was downgraded to 'Neutral' from 'Buy' at Citigroup.

MARKET COMMENTS

June E-mini S&Ps (ESM14 +0.39%) this morning are up +7.50 points (+0.40%). The S&P 500 index on Friday closed slightly higher: S&P 500 +0.15%, Dow Jones +0.20%, Nasdaq +0.43%. The main bullish factor Friday was stronger-than-expected Q1 company earnings results as 76% of the 453 companies in the S&P 500 that have reported earnings results have exceeded profit estimates. Limiting strength in stocks was (1) negative carry-over from a slide in European stocks on concern of slowing growth in the Eurozone after German Mar exports unexpectedly fell -1.8% m/m, weaker than expectations of +1.3% m/m and the largest decrease in 10 months, and (2) Chinese demand concerns after China Apr CPI rose +1.8% y/y, less than expectations of +2.1% y/y and the slowest pace of increase in 1-1/2 years.
Jun 10-year T-notes (ZNM14 -0.10%) this morning are down -4 ticks. Jun 10-year T-note futures prices on Friday fell back from a 2-month high and closed lower: TYM4 -3.50, FVM4 -0.50. Bearish factors included (1) supply overhand as U.S. bond dealers distribute the $69 billion of T-notes and T-bonds they bought at the Treasury's May refunding, and (2) expectations for the Fed to continue to taper its bond buying program.
The dollar index (DXY00 -0.08%) this morning is down -0.070 (-0.09%). EUR/USD (^EURUSD) is down -0.0001 (-0.01%). USD/JPY (^USDJPY) is up +0.06 (+0.06%). The dollar index on Friday rose to a 1-week high and closed higher: Dollar index +0.542 (+0.68%), EUR/USD -0.0079 (-0.57%), USD/JPY +0.138(+0.14%). The main bullish factor was weakness in EUR/USD which tumbled to a 1-month low after (1) the unexpected -1.8% m/m decline in German Mar exports, the largest decrease in 10 months, and (2) negative carry-over from Thursday's comments from ECB President Draghi who said the ECB would be "comfortable" with further easing at its June policy meeting.
Jun WTI crude oil (CLM14 +0.45%) this morning is up +46 cents (+0.46%). Jun gasoline (RBM14 +0.97%) is up _0.0266 (+0.92%). Jun crude and gasoline prices on Friday closed lower. Jun crude fell back from a 1-week high on bearish factors that included (1) the rally in the dollar index to a 1-week high, and (2) the unexpected decline in German Mar exports, a sign of economic weakness. Closes: CLM4 -0.27 (-0.27%). RBM4 -0.0090 (-0.31%).

GLOBAL EVENT CALENDAR05/12/2014

US	1100 ET	USDA weekly grain export inspections.
	1200 ET	Philadelphia Fed President Charles Plosser delivers opening remarks at the Philadelphia Feds conference on Reinventing Older Communities.
	1400 ET	Apr monthly budget statement expected +$114.0 billion, Mar -$36.893 billion.
	1600 ET	USDA weekly crop progress.
JPN	0030 ET	Japan Apr bankruptcies, Mar -12.37% y/y.
	0100 ET	Japan Apr eco-watchers survey current expected 45.0, Mar 57.9. Apr eco-watchers survey outlook expected 40.0, Mar 34.7.
EUR	0300 ET	ECB Vice President Vitor Constancio and fellow ECB Council member Ewald Nowotny speak at an economics conference in Vienna.
UK	0430 ET	UK Apr Lloyds employment confidence, Mar -2.
	1901 ET	UK Apr BRC sales like-for-like expected +1.6% y/y, Mar -1.7% y/y.

U.S. STOCK CALENDAR05/12/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Concho Resources Inc	CXO US	Bef-mkt	Q1 2014 Earnings Release	Q1 2014	0.976
American Express Co	AXP US	9:00	Annual General Meeting	Y 2014
American International Group Inc	AIG US	9:00	Annual General Meeting	Y 2014
Royal Caribbean Cruises Ltd	RCL US	9:00	Annual General Meeting
Concho Resources Inc	CXO US	10:00	Q1 2014 Earnings Call	Q1 2014
Silicon Laboratories Inc	SLAB US	10:30	Analyst Day	Y 2014
PG&E Corp	PCG US	13:00	Annual General Meeting
Mack-Cali Realty Corp	CLI US	14:00	Annual General Meeting
StanCorp Financial Group Inc	SFG US	14:00	Annual General Meeting
Vectren Corp	VVC US	14:00	Q1 2014 Earnings Call	Q1 2014
McKesson Corp	MCK US	16:00	Q4 2014 Earnings Release	Q4 2014	2.396
Markel Corp	MKL US	16:30	Annual General Meeting
Rackspace Hosting Inc	RAX US	16:30	Q1 2014 Earnings Call	Q1 2014
McKesson Corp	MCK US	17:00	Q4 2014 Earnings Call	Q4 2014
Premier Inc	PINC US	17:00	Q3 2014 Earnings Call	Q3 2014
MBIA Inc	MBI US	Aft-mkt	Q1 2014 Earnings Release	Q1 2014	0.135
Premier Inc	PINC US	Aft-mkt	Q3 2014 Earnings Release	Q3 2014	0.318
Babcock & Wilcox Co/The	BWC US	Aft-mkt	Q1 2014 Earnings Release	Q1 2014	0.418
Rackspace Hosting Inc	RAX US	Aft-mkt	Q1 2014 Earnings Release	Q1 2014	0.116
International Paper Co	IP US		Annual General Meeting
Pitney Bowes Inc	PBI US		Annual General Meeting
Raymond James Financial Inc	RJF US		Analyst Day	Y 2014
Protective Life Corp	PL US		Annual General Meeting