Avago Technologies - Barchart's Chart of the Day

The Barchart Chart of the Day is Avago Technologies (AVGO).  The semiconductor company has a Trend Spotter buy signal, a Weighted Alpha of 110.27+ , gained 115.67% in the last year and paid a 1.52% dividend.

The Chart of the Day belongs to Avago Technologies (AVGO).  I found the stock by sorting the New High List for the highest technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 8/14 the stock gained 11.69%.

AVGO is engaged in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Its product portfolio comprises RF power amplifiers, RF filters, RF front end modules, ambient light sensors, low noise amplifiers, proximity sensors, multimarket-wave mixers, diodes, fiber optic transceivers, serializer/deserializer ASICs, optical laser and receiver components, motion control encoders and subsystems, optocouplers, LEDs, and industrial fiber optics. The company’s products are used in cellular phones, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, data communications, smart phones, base stations, core routing and transport, in-car infotainment, motor controls, factory automation, displays and lighting, power isolation, power conversion, and renewable energy systems applications. It markets its products through a network of distributors and its direct sales force worldwide. The company sells products to original equipment manufacturers of wireless communications, wired infrastructure, industrial and automotive electronics, and consumer and computing peripherals markets.

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
• 10 new highs and up 18.15% in the last month
• Relative Strength Index 81.02%
• Barchart computes a technical support level at 74.39
• Recently traded at 82.52 with a 50 day moving average of 73.15

Fundamental factors:

• Market Cap $20.62 billion
• P/E 25.56
• Dividend yield 1.52%
• Revenue expected to grow 66.00% this year and another 36.00% next year
• Earnings estimated to increase 38.80% this year, an additional 30.70% next year and continue to increase at an annual rate of 27.72% for the next 5 years
• Wall Street analysts issued 5 strong buy, 13 buy and 5 hold recommendations on the stock.

Good steady price appreciation by recent upgrades may have caused the stock o jump to fast.  If you have it you want to watch the 50 and 100 day moving averages for weakness and exit points.

Biodelivery Sciences International - Barchart's Chart fo the Day

Biodelivery Sciences International is the Barchart Chart of the Day. The pharmaceutical preparation company has a Trend Spotter buy signal, a Weighted Alpha of 164.20+ and gained 234.55% in the last year.

The Chart of the Day belongs to Biodelivery Sciences International (BDSI).  I found the stock by sorting the All Time High list to find the stocks with the best technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 7/30 the stock gained 16.02%.

BioDelivery Sciences International (BDSI) is a development-stage biotechnology company that is developing and seeking to commercialize a drug delivery technology designed for a potentially broad base of pharmaceuticals, vaccines and over-the-counter drugs. In general, a drug delivery technology refers to any process, substance, or combination thereof, that delivers drugs into the body.

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
• 8 new highs and up 24.22% in the last month
• Relative Strength Index 71.18%
• Barchart computes a technical support level at 14.51
• Recently traded at 15.66 with a 50 day moving average of 13.05

Fundamental factors:

• Market Cap $758.73 million
• Revenue expected to grow 319.20% this year and another 73.30% next year
• Earnings estimated to increase 55.60% this year and an additional 114.90% next year
• Wall Street analysts issued 4 strong buy and 4 buy recommendations on the stock

This stock has gone a long way in a short time so use the 50 day moving average as a caution signal and exit at the 100 day moving average.

S&P 500 12 Month Winners

Hindsight is always best and today's list is the S&P 500 stocks that had the highest price appreciation in the last 12 months.  I used Barchart to sort the S&P 500 Index stocks for the highest price performance in the last year.

Today's list includes Southwest Airlines (LUV), Micron Technology (MU), United States Steel (X), Alcoa (AA) and Delta Airlines (DAL):

Southwest Airlines (LUV) 151.80%

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 99 new highs and up 151.80% in the last year
• Relative Strength Index 76.48%
• Barchart computes a technical support level at 31.56
• Recently traded at 32.23 with a 50 moving average of 28.52

Micron Technology (MU) 150.30%

Barchart technical indicators:

• 56% Barchart technician buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 59 new highs and up 150.30% in the last year
• Relative Strength Index 57.16%
• Barchart computes a technical support level at 32.44
• Recently traded at 32.99 with a 50 day moving average of 32.41

United States Steel (X) 116.32%

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 49 new highs and up 116.32% in the last year
• Relative Strength Index 77.17%
• Barchart computes a technical support level at 38.06
• Recently traded at 39.03 with a 50 day moving average of 30.65

Alcoa (AA) 110.98%

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 52 new highs and up 110.98%
• Relative Strength Index 61.36%
• Barchart computes a technical support level at 16.44
• Recently traded at 16.71 with a 50 day moving average of 15.95

Delta Airlines (DAL) 110.15%

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 57 new highs and up 100.15% in the last year
• Relative Strength Index 61.39%
• Barchart computes a technical support level at 39.63
• Recently traded at 40.16 with a 50 day moving average of 38.21

BARCHART MORNING CALL 8/28

BARCHART MORNING CALL

Thursday, August 28th, 2014View Older Reports

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

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OVERNIGHT MARKETS AND NEWS

September E-mini S&Ps (ESU14 -0.24%) this morning are down -0.36% and European stocks are down -1,14% as the crisis in Ukraine escalates after the Ukrainian government said that a counteroffensive being waged by separatists in the eastern part of the country amounts to a Russian invasion. Ukrainian Prime Minister Yatsenyuk issued a plea for international help in defending against Russia's army and that sanctions by the U.S. and the EU aren't working. Russia's Micex Stock Index tumbled nearly 2% and the ruble fell to a 6-month low against the dollar after the U.S. State Department said that "these incursions indicate a Russian-directed counteroffensive is likely underway in Donetsk and Luhansk." A larger-than-expected decline in Eurozone Aug economic confidence to an 8-month low is another negative for European stocks. Asian stocks closed mostly lower: Japan -0.48%, Hong Kong -0.71%, China -0.70%, Taiwan -0.08%, Australia -0.47%, Singapore -0.34%, South Korea +0.12%, India +0.29%. Commodity prices are mixed. Oct crude oil (CLV14 +0.04%) is down -0.12%. Oct gasoline (RBV14 +0.23%) is up +0.07%. Dec gold (GCZ14 +0.84%) is up +0.91% at a 1-week high as escalation of the Ukraine crisis fuels safe-haven buying of gold. Sep copper (HGU14 -0.41%) is down -0.61%. Agriculture and livestock prices are mixed. The dollar index (DXY00 +0.04%) is up +0.10%. EUR/USD (^EURUSD) is down -0.14%. USD/JPY (^USDJPY) is down -0.24%. Sep T-note prices (ZNU14 +0.16%) are up +9 ticks at a 1-week high on carry-over support from a rally in European government bond markets as the 10-year German bund yield fell to a record low 0.866%.
Eurozone Aug economic confidence slipped -1.5 to 100.6, a larger decline than expectations of -0.7 to 101.5 and the weakest in 8 months. The Aug business climate indicator fell -0.1 to 0.16, a smaller drop than expectations of -0.07 to 0.10, but still the lowest in 10 months.
Eurozone Jul M3 money supply rose +1.8% y/y and +1.5% 3-mo avg, higher than expectations of +1.5% y/y and +1.3% 3-mo avg.
German Aug unemployment unexpectedly rose +2,000, more than expectations of a -5,000 decline. The Aug unemployment rate remained unch at 6.7%, right on expectations.
UK Aug CBI reported sales rose +16 to 37, a larger increase than expectations of +6 to 27 and matched Feb's level as the highest in 2 years.
China Jul industrial profits slowed to an increase of +13.5% y/y from the +17.9% y/y pace in Jun.

U.S. STOCK PREVIEW

Today’s weekly initial unemployment claims report is expected to show a small +2,000 increase to 300,000 following last week’s decline of -14,000 to 298,000. Meanwhile, continuing claims are expected to show an increase of +10,000 to 2.510 million after last week’s decline of -49,000 to 2.500 million. Today’s Q2 GDP report is expected to be revised slightly lower to +3.9% from the last estimate of +4.0%. Today’s July pending home sales report is expected to show an increase of +0.5% m/m, reversing about one-half of the -1.1% decline seen in June. The Treasury today will wrap up this week’s $106 billion T-note package by selling $29 billion of 7-year T-notes.
There are 8 of the Russell 1000 companies that reports earnings today: Abercrombie (consensus $0.11), Coty (0.05), Pall Corp (1.06), Signet Jewelers (0.98), Dollar General (0.83), Splunk (-0.02), Avago Technologies (1.05), Veeva Systems (0.07). Equity conferences during the remainder of this week include: ONS 2014 Conference on Mon-Thu, and MIT Sloan Latin America-China Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

Dollar General (DG +0.28%) reported Q2 EPS of 83 cents, right on consensus, although Q2 revenue of $4.72 billion was below consensus of $4.77 billion.
Pall Corp. (PLL -0.48%) reported Q4 EPS of $1.14, better than consensus of $1.06.
Signet Jewelers (SIG -0.36%) reported Q2 organic EPS of $1.00, better than consensus of 98 cents.
British Petroleum (BP +0.37%) was downgraded to 'Underweight' from 'Equal Weight' at Morgan Stanley.
Brown Forman (BF) was downgraded to 'Hold' from 'Buy' at Deutsche Bank.
Visa (V +0.18%) was downgraded to 'Market Perform' from 'Outperform' at Raymond James.
Genuine Parts (GPC -0.02%) was downgraded to 'Neutral' from 'Buy' at SunTrust.
Advance Auto Parts (AAP +1.01%) was initiated with a 'Buy' at SunTrust with a price target of $181 and O'Reilly Automotive (ORLY +0.23%) was also initiated with a 'Buy' at SunTrust with a price target of $193.
Williams-Sonoma (WSM +0.05%) slid 10% in after-hours trading after it reported Q2 EPS of 53 cents, right on consensus, although Q2 revenue of $1.04 billion was below consensus of $1.05 billion. The company then lowered guidance on fiscal 2014 EPS to $3.07-$3.17, below consensus of $3.20.
Guess (GES -0.74%) fell 8% in after-hours trading after it reported Q2 EPS of 26 cents, weaker than consensus of 29 cents, and then lowered guidance on fiscal 2015 EPS to $1.05-$1.20, well below consensus of $1.46.

MARKET COMMENTS

Sep E-mini S&Ps (ESU14 -0.24%) this morning are down -7.25 points (-0.36%). The S&P 500 index Dow on Wednesday closed little changed: S&P 500 unch, Dow Jones +0.09%, Nasdaq +0.04%. Stocks found support on (1) optimism about the U.S. economic outlook that lifted the S&P 500 to a record high Tuesday, and (2) an easing of tensions in Ukraine after Russian President Putin met Ukraine President Poroshenko in Belarus and said that “Russia, for its part, will do everything for this peace process.” Valuation concerns limited gains in equities with stocks in the S&P 500 trading at 18 times reported earnings, the highest in 4 years.
Sep 10-year T-notes (ZNU14 +0.16%) this morning are up +9 ticks at a 1-week high. Sep 10-year T-note futures prices on Wednesday closed higher. Bullish factors included (1) carry-over support from a rally in European government bonds after 10-year bond yields in Germany, France, Italy, Finland and Spain all dropped to record lows, and (2) weakness in stocks that boosted safe-haven demand for T-notes. Closes: TYU4 +6.50, FVU4 +3.75.
The dollar index (DXY00 +0.04%) this morning is up +0.084 (+0.10%). EUR/USD (^EURUSD) is down -0.0018 (-0.14%) and USD/JPY (^USDJPY) is down -0.25 (-0.24%). The dollar index on Wednesday fell back from an 11-1/2 month high and closed lower. EUR/USD rebounded from a 11-1/2 month low and closed higher after (1) a Reuters report that unidentified ECB sources said the ECB is unlikely to add stimulus at next week’s meeting unless Eurozone August inflation data raises the risk of deflation, and (2) German Finance Minister Schaeuble’s comment that ECB President Draghi’s comments advocating support for Eurozone fiscal policy were “over-interpreted.” Closes: Dollar index -0.222 (-0.27%), EUR/USD +0.00259 (+0.20%), USD/JPY -0.186 (-0.18%).
Oct WTI crude oil (CLV14 +0.04%) this morning is down -11 cents (-0.12%) and Oct gasoline (RBV14 +0.23%) is up +0.0019 (+0.07%). Oct crude and gasoline prices on Wednesday settled mixed: CLV4 +0.02 (+0.02%), RBV4 -0.0154 (-0.59%). Bearish factors included (1) the +508,000 bbl increase in crude supplies at Cushing, OK, the delivery point for WTI futures, the fourth consecutive increase, and (2) the +0.6% increase in U.S. crude production in the week ended Aug 22 to a 27-3/4 year high of 8.631 million bpd. Supportive factors included (1) a weaker dollar, and (2) the -2.07 million bbl decline in weekly EIA crude inventories to a 7-month low of 360.5 million bbl, a bigger draw than expectations of -950,000 bbl.

GLOBAL EVENT CALENDAR08/28/2014

US	0830 ET	Weekly initial unemployment claims expected +2,000 to 300,000, previous -14,000 to 298,000. Weekly continuing claims expected +10,000 to 2.510 million, previous -49,000 to 2.500 million.
	0830 ET	Q2 GDP revision expected +3.9% vs prelim +4.0%. Q2 GDP personal consumption expected revised to +2.4% from +2.5%. Q2 GDP Price index expected unrevised at +2.0%. Q2 core PCE expected unrevised at +2.0%.
	0830 ET	USDA weekly Export Sales.
	1000 ET	Jul pending home sales expected +0.5% m/m and -3.9% y/y, Jun -1.1% m/m and -4.5% y/y.
	1100 ET	Aug Kansas City Fed manufacturing activity expected -2 to 7, Jul +3 to 9.
	1300 ET	Treasury auctions $29 billion 7-year T-notes.
GER	0355 ET	German Aug unemployment change expected -5,000, Jul -12,000. Aug unemployment rate expected unch at 6.7%, Jul 6.7%.
	0800 ET	German Aug CPI (EU harmonized) expected unch m/m and +0.8% y/y, Jul +0.3% m/m and +0.8% y/y.
EUR	0400 ET	Eurozone Jul M3 money supply expected +1.5% y/y and +1.3% 3-m avg, Jun +1.5% y/y and +1.1% 3-mo avg.
	0500 ET	Eurozone Aug economic confidence expected -0.7 to 101.5, Jul 102.2. Aug business climate indicator expected -0.07 to 0.10, Jul 0.17.
	0500 ET	Revised Eurozone Aug consumer confidence, previous -1.6 to -10.0.
UK	0430 ET	UK Aug Lloyds business barometer, Jul 52.
	0600 ET	UK Aug CBI reported sales expected +6 to 27, Jul 21.
	1901 ET	UK Aug Hometrack weighted overall average housing prices, Jul +0.1% m/m and +5.8% y/y.
	1905 ET	UK Aug GfK consumer confidence expected +1 to -1, Jul -2.
JPN	1930 ET	Japan Jul jobless rate expected unch at 3.7%. Jul job-to-applicant ratio expected unch at 1.10.
	1930 ET	Japan Jul overall household spending expected -2.9% y/y, Jun -3.0% y/y.
	1930 ET	Japan Jul national CPI expected +3.4% y/y, Jun +3.6% y/y. Jul national CPI ex-fresh food expected +3.3% y/y, Jun +3.3% y/y. Jul national CPI ex food & energy expected +2.3% y/y, Jun +2.3% y/y.
	1930 ET	Japan Aug Tokyo CPI expected +2.7% y/y, Jul +2.8% y/y. Aug Tokyo CPI ex-fresh food expected +2.7% y/y, Jul +2.8% y/y. Aug Tokyo CPI ex food & energy expected +2.1% y/y, Jul +2.1% y/y.
	1950 ET	Japan Jul retail sales expected +0.3% m/m and -0.2% y/y, Jun +0.5% m/m and -0.6% y/y.
	1950 ET	Japan Jul industrial production expected +1.0% m/m and -0.1% y/y, Jun -3.4% m/m and +3.1% y/y.

U.S. STOCK CALENDAR08/28/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Iron Mountain Inc	IRM US	0:30	Investor Meeting	Y 2014
Coty Inc	COTY US	6:30	Q4 2014 Earnings Release	Q4 2014	0.051
Pall Corp	PLL US	7:00	Q4 2014 Earnings Release	Q4 2014	1.058
Signet Jewelers Ltd	SIG US	7:00	Q2 2015 Earnings Release	Q2 2015	0.981
Dollar General Corp	DG US	7:00	Q2 2015 Earnings Release	Q2 2015	0.831
Abercrombie & Fitch Co	ANF US	7:30	Q2 2015 Earnings Release	Q2 2015	0.113
Pall Corp	PLL US	8:30	Q4 2014 Earnings Call	Q4 2014
Signet Jewelers Ltd	SIG US	8:30	Q2 2015 Earnings Call	Q2 2015
Abercrombie & Fitch Co	ANF US	8:30	Q2 2015 Earnings Call	Q2 2015
Coty Inc	COTY US	9:30	Q4 2014 Earnings Call	Q4 2014
Greif Inc	GEF US	10:00	Q3 2014 Earnings Call	Q3 2014
Dollar General Corp	DG US	10:00	Q2 2015 Earnings Call	Q2 2015
AMERCO	UHAL US	12:00	Annual General Meeting
AMERCO	UHAL US	14:00	Analyst and Investor meeting	Y 2014
Splunk Inc	SPLK US	16:02	Q2 2015 Earnings Release	Q2 2015	-0.024
Avago Technologies Ltd	AVGO US	16:05	Q3 2014 Earnings Release	Q3 2014	1.05
Splunk Inc	SPLK US	16:30	Q2 2015 Earnings Call	Q2 2015
Veeva Systems Inc	VEEV US	16:30	Q2 2015 Earnings Call	Q2 2015
Avago Technologies Ltd	AVGO US	17:00	Q3 2014 Earnings Call	Q3 2014
Veeva Systems Inc	VEEV US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.07
Equifax Inc	EFX US		Investor Meeting - Zurich	Y 2014
Equifax Inc	EFX US		Investors Meeting - Geneva	Y 2014

TiVo - Barchart's Chart of the Day

TiVo (TIVO) is the Barchart Chart of the Day,  The cable TV stock has a Trend Spotter buy signal, a Weighted Alpha of 21.80+ and gained 28.08% in the last year.

The Chart of the Day belongs to TiVo (TIVO).  I fond the stock by sorting the New High List for the highest technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 6/9 the stock gained 14.22%.

TiVo pioneered a brand new category of products with the development of the first commercially available digital video recorder. Sold through leading consumer electronic retailers, TiVo has developed a brand which resonates boldly with consumers as providing a superior television experience. Through agreements with leading satellite and cable providers, TiVo also integrates its DVR service features into the set-top boxes of mass distributors. TiVo's DVR functionality and ease of use, with such features as Season Pass recordings and WishList searches and TiVo KidZone, have elevated its popularity among consumers and have created a whole new way for viewers to watch television. With a continued investment in its patented technologies, TiVo is revolutionizing the way consumers watch and access home entertainment. Rapidly becoming the focal point of the digital living room, TiVo's DVR is at the center of experiencing new forms of content on the TV, such as broadband delivered video, music and photos.

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
• 4 new highs and up 4.31% in the last month
• Relative Strength Index 63.07%
• Barchart computes a technical support level at 13.31
• Recently traded at 14.06 with a 50 day moving average of 13.32

Fundamental factors:

• Market Cap $1.70 billion
• P/E 97.14
• Revenue expected to grow 16.80% this year and another 11.50% next year
• Earnings estimated to decrease 86.00% this year but increase again next year about 46.40% and continue to increase at an annual rate of 11.10% for the next 5 years
• Wall Street analysts issued 3 strong buy, 9 buy and 8 hold recommendations on the stock.

Closely watch the 50 day moving average for weakness and exit at the 100 day moving average.

5 Great NASDAQ 100 stocks

Today I wanted to find the 5 NASDAQ 100 stocks with the best technical buy signals and most consistent charts. I used Barchart to first sort the Index for the best technical buy signals, then used the Flipchart feature to review the charts.  I skipped several stocks with great technical buy signals but very choppy charts.

Today's list includes Amgen (AMGN), Apple (AAPL), Celgene (CELG), Catamaran (CTRX), F5 Networks (FFIV):

Amgen (AMGN)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 12.16% in the last month
• Relative Strength Index 76.29%
• Barchart computes a technical support level at 133.84
• Recently traded at 138.34 with a 50 day moving average of 124.24

Apple (AAPL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 3.14% in the last month
• Relative Strength Index 67.61%
• Barchart computes a technical support level at 100.44
• Recently traded at 101.14 with a 50 day moving average of 95.74

Celgene (CELG)

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 9.49% in the last month
• Relative Strength Index 73.79%
• Barchart computes a technical support level at 92.88
• Recently traded at 95.37 with a 50 day moving average of 87.81

Catamaran (CTRX)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 6.48% in the last month
• Relative Strength Index 71.32%
• Barchart computes a technical support level at 46.87
• Recently traded at 47.52 with a 50 day moving average of 44.81

F5 Networks (FFIV)

Barcahrt technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 9.93% in the last  month
• Relative Strength Index 69.05%
• Barchart computes a technical support level at 120.65
• Recently traded at 123.56 with a 50 day moving average of 113.34

BARCHART MORNING CALL 8/27

BARCHART MORNING CALL

Wednesday, August 27th, 2014View Older Reports

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

E-mail:

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

OVERNIGHT MARKETS AND NEWS

September E-mini S&Ps (ESU14 +0.06%) this morning are up +0.04% on increased optimism in the U.S. economic outlook, while European stocks are down -0.16% after a gauge of German consumer confidence fell more than expected. Stocks received a boost on comments from Russian President Putin who met his Ukrainian counterpart in Belarus to discuss an end to the ongoing conflict and said that "Russia, for its part, will do everything for this peace process." European bond markets continue to rally as 10-year yields from Germany, Italy, Spain and France all fell to record lows on speculation the ECB will expand stimulus. Asian stocks closed mostly higher: Japan +0.09%, Hong Kong -0.62%, China +0.15%, Taiwan +0.98%, Australia +0.24%, Singapore +0.55%, South Korea +0.28%, India +0.44%. Commodity prices are mostly higher. Oct crude oil (CLV14 +0.29%) is up +0.28%. Oct gasoline (RBV14 +0.33%) is up +0.23%. Dec gold (GCZ14 +0.05%) is up +0.12%. Sep copper (HGU14 -0.06%) is up +0.06%. Agriculture and livestock prices are mixed. The dollar index (DXY00 -0.14%) is down -0.13% as it retreats from an 11-1/2 month high. EUR/USD (^EURUSD) is up +0.11% as it recovers from an 11-1/2 month low after comments from German Finance Minister Schaeuble fueled short covering when he said that comments made by ECB President Draghi that advocate support for Eurozone fiscal policy were "over-interpreted." USD/JPY (^USDJPY) is down -0.12%. Sep T-note prices (ZNU14 +0.09%) are up +4.5 ticks on carry-over support from a rally in European government bond markets.
German Finance Minister Schaeuble said in an interview in the Passauer Neue Presse that comments made in Jackson Hole, Wyoming by ECB President Draghi were "over-interpreted" after he said that fiscal policy could play a greater role in promoting growth.
The German Jul import price index fell -0.4% m/m and -1.7% y/y, a faster pace of decline than expectations of -0.1% m/m and -1.4% y/y.
The German Sep GfK consumer confidence fell -0.3 to 8.6, a larger decline than expectations of -0.1 to 8.9.

U.S. STOCK PREVIEW

The Treasury today will sell $35 billion of 5-year T-notes and $13 billion of 2-year floating-rate notes. The markets will be watching today’s MBA mortgage apps report for an update on mortgage activity. The MBA index last week rose by +1.4% with the purchase sub-index down by -0.4% and refinancing sub-index up by +2.7%.
There are 9 of the Russell 1000 companies that reports earnings today: Donaldson (consensus $0.47), Tiffany (0.85), Brown-Forman (0.72), Chico's FAS (0.26), Workday (-0.14), Bally Technologies (1.20), Williams-Sonoma (0.53), Greif (0.81), Seadrill (0.74). Equity conferences this week include: ONS 2014 Conference on Mon-Thu, Latin Markets 3rd Annual Peru Capital Projects & Infrastructure Summit on Wed, Simmons European Energy Conference on Wed, Jefferies Semiconductors, Hardware & Communications Infrastructure Summit on Wed, and MIT Sloan Latin America-China Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

Tiffany & Co. (TIF +0.54%) reported Q2 EPS of 96 cents, better than consensus of 85 cents.
Brown Shoe (BWS +0.51%) reported Q2 EPS of 41 cents, higher than consensus of 35 cents.
Eli Lilly (LLY +0.13%) was initiated with a 'Buy' at Deutsche Bank with a price target of $71 and Pfizer (PFE +1.04%) was also initiated with a 'Buy' at Deutsche Bank with a price target of $34.
Waste Management (WM +0.17%) was upgraded to 'Buy' from 'Hold' at Stifel.
Facebook (FB +1.25%) was downgraded to 'Neutral' from 'Buy' at Janney Capital.
Donaldson (DCI -0.15%) reported Q4 EPS of 50 cents, higher than consensus of 47 cents.
Rent-A-Center (RCII +0.95%) was upgraded to 'Buy' from 'Hold' at Canaccord.
Bristol-Myers (BMY +0.08%) announced that the European Commission has approved Daklinza for use in combination with other medicinal products across genotypes 1, 2, 3 and 4 for the treatment of chronic hepatitis C virus infection in adults.
Smith & Wesson (SWHC -0.08%) slumped over 10% in after-hours trading after it said its sees Q2 EPS of 4 cents-8 cents, well below consensus of 28 cents, and lowered guidance on fiscal 2015 EPS to 89 cents-94 cents, much weaker than consensus of $1.36.
FJ Capital reported a 5.87% passive stake in Sun Bancorp (SNBC +0.52%) .
Dycom (DY +1.20%) reported Q4 EPS of 48 cents, better than consensus of 47 cents.
Bob Evans (BOBE -2.73%) reported Q1 adjusted EPS of 10 cents, right on consensus, although Q1 revenue of $326.3 million was slightly below consensus of $328.61 million.
Analog Devices (ADI +0.54%) reported Q3 EPS of 63 cents, right on consensus, although Q3 revenue of $728 million was higher than consensus of $716.69 million.

MARKET COMMENTS

Sep E-mini S&Ps (ESU14 +0.06%) this morning are up +0.75 of a point (+0.04%). The S&P 500 index and the Dow on Tuesday rallied to new all-time highs and closed higher: S&P 500 +0.11%, Dow Jones +0.17%, Nasdaq +0.10%. Bullish factors included (1) the +22.6% surge in Jul durable goods orders, well above expectations of +8.0% and the most since the data series began in 1992, and (2) the unexpected +2.1 increase in U.S. Aug consumer confidence to 92.4, better than expectations of -1.9 to 89.0 and the highest in 6-3/4 years. Gains in stocks were limited after the Jun S&P/CaseShiller composite-20 home price index fell -0.20% m/m, weaker than expectations of unch m/m.
Sep 10-year T-notes (ZNU14 +0.09%) this morning are up +4.5 ticks. Sep 10-year T-note futures prices Tuesday closed slightly higher. Bullish factors included (1) carry-over support from a rally in European government bonds after 10-year bond yields in Italy, Finland and Spain all dropped to record lows, and (2) the unexpected decline in U.S. Jul durable goods orders ex-transportation. Bearish factors included (1) reduced safe-haven demand after the S&P 500 rallied to a new record high, and (2) the unexpected increase in Aug consumer confidence to a 6-3/4 year high. Closes: TYU4 +2.5, FVU4 +3.00.
The dollar index (DXY00 -0.14%) this morning is down -0.108 (-0.13%). EUR/USD (^EURUSD) is up +0.0015 (+0.11%) and USD/JPY (^USDJPY) is down -0.12 (-0.12%). The dollar index on Tuesday closed higher. Bullish factors included (1) the unexpected increase in U.S. Aug consumer confidence to a 6-3/4 year high, and (2) the slide in EUR/USD to an 11-1/2 month low on divergent central bank policies as the Fed is expected to continue to taper stimulus while the ECB looks to expand monetary stimulus. Closes: Dollar index +0.101 (+0.12%), EUR/USD -0.00249 (-0.19%), USD/JPY +0.006 (+0.01%).
Oct WTI crude oil (CLV14 +0.29%) this morning is up +26 cents (+0.28%) and Oct gasoline (RBV14 +0.33%) is up +0.0061 (+0.23%). Oct crude and gasoline prices on Tuesday closed higher with Oct gasoline at a 1-week high: CLV4 +0.51 (+0.55%), RBV4 +0.0047 (+0.18%). Bullish factors included (1) increased optimism in the U.S. economic outlook after the S&P 500 posted a new record high, and (2) expectations that Wednesday’s weekly EIA inventory report will show crude stockpiles fell -2.5 million bbl and gasoline supplies fell -1.6 million bbl.

GLOBAL EVENT CALENDAR08/27/2014

US	0700 ET	Weekly MBA mortgage applications, previous +1.4% with purchase sub-index -0.4% and refi sub-index +2.7%.
	1030 ET	EIA Weekly Petroleum Status Report.
	1130 ET	Treasury auctions $13 billion 2-year floating-rate notes.
	1300 ET	Treasury auctions $35 billion 5-year T-notes.
GER	0200 ET	German Sep GfK consumer confidence expected -0.1 to 8.9, Aug 9.0.
	0200 ET	German Jul import price index expected -0.1% m/m and -1.4% y/y, Jun +0.2% m/m and -1.2% y/y
CHI	2130 ET	China Jul industrial profits, Jun +17.9% y/y.

U.S. STOCK CALENDAR08/27/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Donaldson Co Inc	DCI US	6:00	Q4 2014 Earnings Release	Q4 2014	0.471
Chico's FAS Inc	CHS US	8:00	Q2 2015 Earnings Release	Q2 2015	0.26
Chico's FAS Inc	CHS US	8:30	Q2 2015 Earnings Call	Q2 2015
Donaldson Co Inc	DCI US	10:00	Q4 2014 Earnings Call	Q4 2014
Guess? Inc	GES US	16:03	Q2 2015 Earnings Release	Q2 2015	0.288
Guess? Inc	GES US	16:30	Q2 2015 Earnings Call	Q2 2015
Williams-Sonoma Inc	WSM US	17:00	Q2 2015 Earnings Call	Q2 2015
Bally Technologies Inc	BYI US	Aft-mkt	Q4 2014 Earnings Release	Q4 2014	1.199
Williams-Sonoma Inc	WSM US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.534
Greif Inc	GEF US	Aft-mkt	Q3 2014 Earnings Release	Q3 2014	0.813

TransCanada Pipeline - Barchart's Chart of the Day

TransCanada Pipelines (TRP) is the Barchart Chart of the Day.  The stock has a Trend Spotter buy signal, a Weighted Alpha of 24.50+, gained 22.43% in the last year and paid a 3.46% dividend.

The Chart of the Day belongs to TransCanada Pipelines (TRP).  I found the stock by sorting the New High List for technical buy signals then used the Flipchart feature o review the charts.  Since the Trend Spotter signaled a buy on 8/14 the stock gained 3.79%.

TransCanada is a North American energy company. They are focused on natural gas transmission and power services. Their pipeline transports the majority of Western Canada's natural gas production to growing markets in Canada and the United States.

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 10 day moving averages
• 4 new highs and up 1.84% in the last month
• Relative Strength Index 68.08%
• Barchart computes a technical support level at 51.50
• Recently traded at 52.64 with a 50 day moving average of 49.66

Fundamental factors:

• Market Cap $37.27 billion
• P/E 24.35
• Dividend yield 3.46%
• Revenue expected to grow 17.40% this year and another 2.50% next year
• Earnings estimated to increase 4.50% this year, an additional 9.40% next year and continue to increase at an annual rate of 14.75% for the next 5 years
• Wall Street analysts issued 1 buy and 3 hold recommendations on the stock

This is a total return stock, keep till the total return is negative.

5 Small Caps with Momemtum

The are still some Small Caps having great momentum,  To find them I used Barchart to sort the S&P 600 Small Cap Index stocks to find those with the best technical buy signals and charts,  First I sorted for technical buy signals, then used the Flipchart feature to find the charts I liked.

Today's list includes Zumiez (ZMUZ), United Bankshares (UBSI), Sterling Bancorp (STL), Synchronoss Technologies (SNCR), and US Silica Holdings (SCLA):

Zumiez (ZUMZ)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 22.31% in the last month
• Relative Strength Index 74.15%
• Barchart computes a technical support level at 31.94
• Recently traded at 33.09 with a 50 day moving  average of 28.69

United Bankshares (UBSI)

Barchat technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 2 new highs and up 4.57% in the last month
• Relative Strength Index 63.70%
• Barchart computes a technical support level at 32.40
• Recently traded at 33.21 with a 50 day moving average of 32.06

Sterling Bancorp (STL)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 7.45% in the last month
• Relative Strength Index 65.95%
• Barchart computes a technical support level at 12.42
• Recently traded at 12.70 with a 50 day moving average of 12.10

Synchronoss Technologies (SNCR)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 25.12% in the last month
• Relative Strength Index 74.78%
• Barchart computes a technical support level at 41.52
• Recently trade at 43.23 with a 50 day moving average of 36.88

US Silica Holdings (SLCA)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 11.25% in the last month
• Relative Strength Index 74.46%
• Barchart computes a technical support level at 64.09
• Recently traded at 67.15 with a 50 day moving average of 57.95

BARCHART MORNING CALL 8/26

BARCHART MORNING CALL

Tuesday, August 26th, 2014View Older Reports

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OVERNIGHT MARKETS AND NEWS

September E-mini S&Ps (ESU14 +0.15%) this morning are up +0.10% on the prospects for a strong U.S. Jul durable goods orders report later this morning, while European stocks are up +0.18% on optimism a resolution to the conflict in Ukraine can be found. Russia President Putin and Ukraine President Poroshenko are set to meet today in Minsk, Belarus, as tensions continue to flare in the region. Ukraine said that an armored column that included 10 tanks entered its country Monday from Russia under the guise of humanitarian aid into rebel-held Ukrainian territory. European government bond yields continue to fall to record lows amid speculation of additional ECB monetary easing. The yield on Italy's 10-year bond fell to 2.40% and the yield on Spain's 10-year bond fell to 2.18%, both at the lowest since Bloomberg started collecting the data in 1993. Asian stocks closed mixed as valuation concerns weighed on prices with Asian stock markets at their highest valuations this year: Japan -0.59%, Hong Kong -0.37%, China -0.80%, Taiwan +0.04%, Australia +0.05%, Singapore -0.22%, South Korea +0.26%, India +0.02%. China's Shanghai Stock Index fell to a 2-week low amid concern that 10 new initial public offerings this week may divert funds from existing equities. Commodity prices are mixed. Oct crude oil CLV14 +0.29%) is up +0.28%. Oct gasoline (RBV14 +0.15%) is up +0.15%. Dec gold (GCZ14 +0.69%) is up +0.74%. Sep copper (HGU14 -0.59%) is down -0.57%. Agriculture and livestock prices are mostly lower with Nov soybeans down -0.41% at a fresh contract low. The dollar index (DXY00 -0.02%) is down -0.07%. EUR/USD (^EURUSD) is up +0.05% as it rebounds from an 11-1/2 month low. USD/JPY (^USDJPY) is down -0.15%. Sep T-note prices (ZNU14 +0.10%) are up +6 ticks.
The Markit iTraxx Europe index of credit-default swaps on 125 investment-grade companies, which is cost of insuring against losses on European corporate debt, fell -2.5 bp to 57 bp, a 7-week low.
Japan Jul PPI services prices rose +3.7% y/y, unchanged from Jun and right on expectations and the fastest pace of increase in 24 years.

U.S. STOCK PREVIEW

Today’s July durable goods orders report is expected to show a sharp gain of +8.0% for the headline figure but an increase of only +0.5% ex-transportation. Today’s Aug Richmond Fed manufacturing index is expected to show a small -1 point decline to 6, giving back some of the +3 point increase to 7 seen in July. The market is expecting today’s June FHFA index to be up +0.3% m/m and for the June Case-Shiller index to be unchanged from May. Today’s Aug consumer confidence index from the Conference Board is expected to show a decline of -1.9 points to 89.0, reversing part of July’s +4.5 point increase to 90.9. The Treasury today will sell $29 billion of 2-year T-notes, kicking off this week’s sale of $106 billion of T-notes.
There are 6 of the Russell 1000 companis that reports earnings today: Tech Data (consensus $0.77), Golar LNG (-0.06), Best Buy (0.31), DSW (0.32), Analog Devices (0.63), Solera Holdings (0.80). Equity conferences this week include: ONS 2014 Conference on Mon-Thu, Latin Markets 3rd Annual Peru Capital Projects & Infrastructure Summit on Wed, Simmons European Energy Conference on Wed, Jefferies Semiconductors, Hardware & Communications Infrastructure Summit on Wed, and MIT Sloan Latin America-China Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

Best Buy (BBY +2.53%) reported Q2 EPS of 44 cents, well ahead of consensus of 31 cents.
Tech Data (TECD +0.67%) reported Q2 non-GAAP EPS of $1.12, much higher than consensus of 77 cents.
Salesforce.com (CRM -0.95%) files to sell 7.2 million shares of common stock for holders.
Sanderson Farms (SAFM +1.96%) reported Q3 EPS of $3.30, well below consensus of $3.82.
ArcelorMittal (MT +0.36%) was upgraded to 'Buy' from 'Sell' at UBS.
Comtech Telecommunications (CMTL +4.84%) rose 3% in after-hours trading after it confirmed that it is exploring strategic alternatives to enhance shareholder value, including a possible merger or sale of the company.
Castleton Commodities reported a 9.9% passive stake in Torchlight Energy Resources (TRCH -2.34%) .
D. E. Shaw & Co reported a 5.0% passive stake in Liberty Media (LMCA -0.37%) .
Owl Creek reported a 5.8% passive stake in Seventy Seven Energy (SSE +1.22%) .
OZ Management reported an 8.04% passive stake in Biglari (BH -0.58%) .
Amazon.com (AMZN +0.73%) announced that it reached an agreement to acquire Twitch Interactive for $970 million.
ModusLink Global Solutions reported a 9.9% stake in Medifast (MED -0.14%) .

MARKET COMMENTS

Sep E-mini S&Ps (ESU14 +0.15%) this morning are up +2.00 points (+0.10%). The S&P 500 index and the Dow on Monday rallied to fresh all-time highs and closed higher: S&P 500 +0.48%, Dow Jones +0.44%, Nasdaq +0.36%. Bullish factors included (1) increased M&A activity after Roche Holding purchased InterMune for $8.3 billion and Burger King Worldwide said it was in talks to buy Tim Hortons, and (2) the +0.28 increase in the Jul Chicago Fed national activity index to a 4-month high 0.39, better than expectations of +0.08 to 0.20 Stocks fell back from their best levels after an unexpected -2.4% decline in Jul new home sales to a 4-month low of 412,000, weaker than expectations of a +5.8% increase to 430,000.
Sep 10-year T-notes (ZNU14 +0.10%) this morning are up +6 ticks. Sep 10-year T-note futures prices Monday settled little changed. T-note prices Monday were undercut by reduced safe-haven demand after the S&P 500 rallied to a new record high. Bullish factors included (1) the unexpected decline in U.S. Jul new home sales, and (2) carry-over support from a rally in German bunds after the yield on the 10-year German bund fell to a record low of 0.925%. Closes: TYU4 +2.0, FVU4 -1.50.
The dollar index (DXY00 -0.02%) this morning is down -0.059 (-0.07%). EUR/USD (^EURUSD) is up +0.0007 (+0.05%) and USD/JPY (^USDJPY) is down -0.16 (-0.15%). The dollar index on Monday posted an 11-1/2 month high and closed higher. EUR/USD tumbled to an 11-1/2 month low after the German Aug IFO business confidence fell more than expected to a 13-month low. USD/JPY rallied to a 7-month high and closed higher as the yen tumbled to a 7-month low against the dollar when BOJ Governor Kuroda said at the Fed’s symposium in Jackson Hole, Wyoming that BOJ monetary policy was “having its intended effect” and that global central banks must fight deflation by any and all means. Closes: Dollar index +0.213 (+0.26%), EUR/USD -0.00497 (-0.38%), USD/JPY +0.145 (+0.14%).
Oct WTI crude oil (CLV14 +0.29%) this morning is up +26 cents (+0.28%) and Oct gasoline (RBV14 +0.15%) is up +0.0038 (+0.15%). Oct crude and gasoline prices on Monday settled mixed: CLV4 -0.30 (-0.32%), RBV4 +0.0065 (+0.25%). Crude prices fell on bearish factors that included (1) the rally in the dollar index to an 11-1/2 month high, and (2) expectations that Wednesday’s weekly EIA inventory data will show crude supplies at Cushing, Oklahoma, delivery point of WTI futures, increased for a fourth week. Gasoline prices rose on increased optimism in the U.S. economic outlook after the S&P 500 posted a new record high.

GLOBAL EVENT CALENDAR08/26/2014

US	0830 ET	Jul durable goods orders expected +8.0% and +0.5% ex-transportation, Jun +1.7% and +1.9% ex transportation. July capital goods orders non-defense ex-aircraft expected +0.2%, June +3.3%.
	0900 ET	Jun FHFA house price index expected +0.3% m/m, May +0.4% m/m. Q2 house price index, Q1 +1.30% q/q.
	0900 ET	Jun S&P/CaseShiller composite-20 home price index expected unch m/m and +8.3% y/y, May -0.31% m/m and +9.34% y/y. Q2 S&P/CaseShiller home price index, Q1 +10.35% y/y.
	1000 ET	Aug consumer confidence (Conference Board) expected -1.9 to 89.0, Jul +4.5 to 90.9.
	1000 ET	Aug Richmond Fed manufacturing index expected -1 to 6, Jul +3 to 7.
	1300 ET	Treasury auctions $29 billion 2-year T-notes.

U.S. STOCK CALENDAR08/26/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Tech Data Corp	TECD US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	0.774
Golar LNG Ltd	GLNG US	Bef-mkt	Q2 2014 Earnings Release	Q2 2014	-0.063
Best Buy Co Inc	BBY US	7:00	Q2 2015 Earnings Release	Q2 2015	0.31
DSW Inc	DSW US	7:00	Q2 2015 Earnings Release	Q2 2015	0.315
Best Buy Co Inc	BBY US	8:00	Q2 2015 Earnings Call	Q2 2015
DSW Inc	DSW US	8:30	Q2 2015 Earnings Call	Q2 2015
Tech Data Corp	TECD US	9:00	Q2 2015 Earnings Call	Q2 2015
Golar LNG Ltd	GLNG US	10:30	Q2 2014 Earnings Call	Q2 2014
Analog Devices Inc	ADI US	17:00	Q3 2014 Earnings Call	Q3 2014
Solera Holdings Inc	SLH US	17:00	Q4 2014 Earnings Call	Q4 2014
Analog Devices Inc	ADI US	Aft-mkt	Q3 2014 Earnings Release	Q3 2014	0.627
Solera Holdings Inc	SLH US	Aft-mkt	Q4 2014 Earnings Release	Q4 2014	0.802
Equifax Inc	EFX US		Investor Meeting - London	Y 2014