Broadridge Financial Solutions - Barchart's Chart of the Day

Broadridge Financial Solutions (BR) is the Barchart Chart of the Day.  The technology outsourcing company has a Trend Spotter buy signal, a Weighted Alpha of 21.76+, gained 23.77% in the last year while paying a 2.40% dividend yield.

The Chart of the Day is Broadridge Financial Solutions (BR).  I found the stock by sorting the All Time High list for stock with the most frequent new highs in the last month, then used the Flipchart feature to review the charts,

Broadridge is a leading global provider of technology-based outsourcing solutions to the financial services industry. Their integrated systems and services include investor communication, securities processing, and clearing and outsourcing solutions. Broadridge offers a broad, integrated suite of innovative global solutions across the investment life cycle and provides a wide range of cost-effective and scalable solutions to the financial industry. Their systems help reduce the need for clients to make significant capital investments in operations infrastructure, thereby allowing them to increase their focus on core business activities.

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
• 21 new highs and up 14.43% in the last month
• Relative Strength Index 74.94%
• Barchart computes a technical support level at 44.60
• Recently traded at 45.06 with a 50 day moving average of 42.29

Fundamental factors:

• Market Cap $5.41 billion
• P/E 20.85
• Dividend yield 2.40%
• Revenue expected to grow 5.30% this year and another 5.70% next year
• Earnings estimated to increase 10.20% this year, an additional 10.92% next year and continue to compound at an annual rate of 12.00% for the next 5 years
• Wall Street analysts issued 3 buy and 4 hold recommendations on the stock

Use the 100 day moving average to determine an exit point,

BARCHART MORNING CALL 11/14

BARCHART MORNING CALL

Friday, November 14th, 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

December E-mini S&Ps (ESZ14 +0.02%) this morning are up +0.01% on increased M&A activity with Baker Hughes up over 5% in pre-market trading after it confirmed that it was in talks with Halliburton for a potential "business combination." European stocks were down -0.76 % as a slide in commodity producers outweighed economic data that showed Eurozone Q3 GDP grew more than expected. Asian stocks closed mostly higher: Japan +0.56%, Hong Kong +0.28%, China +0.05%, Taiwan +0.02%, Australia +0.21%, Singapore +0.32%, South Korea -0.77%, India +0.38%. Japan's Nikkei Stock Index rose to the highest in 7-1/4 years, led by strength in exporters, as a plunge in the yen to a 7-year low against the dollar bolstered the earnings prospects of exporters. Commodity prices are mixed. Dec crude oil (CLZ14 +0.22%) is up +0.19%. Dec gasoline (RBZ14 +0.81%) is up +0.83%. Dec gold (GCZ14 -0.70%) is down -0.86%. Dec copper (HGZ14 +0.18%) is up +0.07%. Agriculture prices are weaker. The dollar index (DXY00 +0.35%) is up +0.35%. EUR/USD (^EURUSD) is down -0.25%. USD/JPY (^USDJPY) is up +0.57% at a 7-year high on speculation Prime Minister Abe may announce a delay of a national sales tax increase and decide to dissolve parliament and call for snap elections, which are yen negative. Dec T-note prices (ZNZ14 -0.02%) are down -0.5 of a tick.
ECB Governing Council member Noyer told the French newspaper Les Echos that "inflation risks being too weak for too long" and that the ECB could begin to buy state of company debt if it decided that its policies weren't having any effect.
Eurozone Q3 GDP rose +0.2% q/q and +0.8% y/y, a faster pace of increase than expectations of +0.1% q/q and +0.7% y/y.
German Q3 GDP rose +0.1% q/q and +1.2% y/y (nsa), slightly stronger than expectations of +0.1% q/q and +1.0% y/y (nsa).
China Oct new yuan loans were 548.3 billion yuan, less than expectations of 626.40 billion yuan. Oct aggregate financing, China's broadest measure of credit, increased by 662.7 billion yuan, less than expectations of 887.5 billion yuan.
UK Sep construction output rose +1.8% m/m and +3.5% y/y, less than expectations of +4.0% m/m and +4.3% y/y.

U.S. STOCK PREVIEW

Today’s preliminary-Nov U.S. consumer confidence index from the University of Michigan is expected to show a +0.6 point increase of 87.5, which would be a new 7-1/3 year high. Today’s Oct retail sales report is expected to show a modest increase of +0.2% both overall and ex-autos, which would largely reverse September’s declines of -0.3% overall and -0.2% ex-autos. Today’s Oct import price index is expected to show a decline of -1.5% m/m and -1.6% y/y, which would be even weaker than the September report of -0.5% m/m and -0.9% y/y.
None of the Russell 1000 companies report earnings today. Equity conferences today include: Bank of America Merrill Lynch Global Energy Conference on Wed-Fri, Goldman Sachs Technology and Internet Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

UBS reiterates its 'Buy' rating on Best Buy (BBY +0.82%) and raised its price target on the stock to $36 from $32.
Wal-Mart (WMT +4.72%) was downgraded to 'Underperform' from 'Market Perform' at BMO Capital.
Nike (NKE +0.32%) was downgraded to 'Neutral' from 'Buy' at Sterne Agee.
TJX (TJX -0.36%) and Ross Stores (ROST -0.28%) were both downgraded to 'Sell' from 'Hold' at Canaccord.
Baker Hughes (BHI +15.24%) climbed over 5% and Halliburton (HAL +1.05%) rose over 1% in pre-market trading after Baker Hughes confirmed that "it has engaged in preliminay duscussions with Halliburton regarding a potential business combination transaction."
Harley-Davidson (HOG +0.80%) rose 1.4% in pre-market trading after Goldman Sachs upgraded the stock to 'Buy' from 'Neutral.'
Gabelli reported a 17.34% stake in Pep Boys (PBY -1.49%) .
Pennant Capital reported a 7.0% passive stake in WellCare (WCG -0.10%) .
Trinseo S.A. (TSE +1.40%) reported Q3 adjusted EPS of 1 cents, well below consensus of 14 cents.
Meritage Group reported a 5.0% passive stake in Discovery (DISCA +3.14%) .
Carter's (CRI -0.81%) was initiated with a 'Buy' at Sterne Agee with a price target of $91.
Nordstrom (JWN +0.55%) reported Q3 EPS of 73 cents, higher than consensus of 71 cents, but then lowered guidance on fiscal 2014 EPS view to $3.70-$3.75 from $3.80-$3.90, weaker than consensus of $3.86.
Applied Materials (AMAT +0.58%) slipped 3% in after-hours trading after it reported Q4 adjusted EPS of 27 cents, right on consensus, although Q4 revenue of $2.26 billion was less than consensus of $2.27 billion.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ14 +0.02%) this morning are up +0.25 of a point (+0.01%). The S&P 500 index on Thursday posted a new record high and closed higher: S&P 500 +0.05%, Dow Jones +0.23%, Nasdaq +0.43%. Bullish factors included (1) positive Q3 stock earnings results after Wal-Mart, Cisco and Viacom all reported better-than-expected earnings, and (2) increased M&A activity after Berkshire Hathaway bought the Duracell battery business from Procter & Gamble and after Hasbro was said to be in talks to acquire DreamWorks Animation SKG. Stocks fell back from their best levels after (1) U.S. weekly jobless claims rose +12,000 to 290,000, a larger increase than expectations of +2,000 to 280,000, and (2) energy producers declined as the price of crude oil tumbled to a 4-year low.
Dec 10-year T-notes (ZNZ14 -0.02%) this morning are down -0.5 of a tick. Dec 10-year T-note futures prices on Wednesday closed higher: TYZ4 +5.00, FVZ4 +3.50. Bullish factors included (1) the larger-than-expected increase in U.S. weekly initial unemployment claims, and (2) short-covering by bond dealers after the Treasury concluded this week’s $66 billion of Treasury auctions with the sale of $16 billion of 30-year T-bonds.
The dollar index (DXY00 +0.35%) this morning is up +0.307 (+0.35%). EUR/USD (^EURUSD) is down -0.0031 (-0.25%). USD/JPY (^USDJPY) is up +0.66 (+0.57%) at a new 7-year high. The dollar index on Thursday closed lower. Closes: Dollar index -0.148 (-0.17%), EUR/USD +0.0038 (+0.03%), USD/JPY +0.28 (+0.24%). Bearish factors included (1) comments from New York Fed President Dudley who said that raising interest rates too early poses a bigger risk to the economy than acting too late, and (2) the larger-than-expected increase in U.S. weekly jobless claims.
Dec WTI crude oil (CLZ14 +0.22%) this morning is up +14 cents (+0.19%) and Dec gasoline (RBZ14 +0.81%) is up +0.0166 (+0.83%). Dec crude and Dec gasoline on Thursday closed sharply lower with Dec crude and Dec gasoline at 4-year lows. Closes: CLZ4 -2.97 (-3.85%), RBZ4 -0.1054 (-5.00%). Bearish factors included (1) the +1.7 million bbl increase in crude inventories at Cushing, OK, the delivery point of WTI futures, to a 5-1/2 month high of 22.5 million bbl, and (2) the +1.0% increase in U.S. crude production in the week ended Nov 7 to 9.063 million bpd, the most in 40 years.

GLOBAL EVENT CALENDAR11/14/2014

US	0830 ET	Oct retail sales expected +0.2% and +0.2% ex autos, Sep -0.3% and -0.2% ex autos.
	0830 ET	Oct import price index expected -1.5% m/m and -1.6% y/y, Sep -0.5% m/m and -0.9% y/y.
	0830 ET	USDA weekly Export Sales.
	0910 ET	St. Louis Fed President James Bullard speaks on the U.S. economy and monetary policy to the St. Louis Regional Chamber.
	0955 ET	Preliminary-Nov U.S. consumer confidence (University of Michigan) expected +0.6 to 87.5, Oct +2.3 to 86.9.
	1000 ET	Sep business inventories expected +0.2%, Aug +0.2%.
		1000 ET
GER	0200 ET	German Q3 GDP expected +0.1% q/q and +1.0% y/y (nsa), Q2 -0.2% q/q and +0.8% y/y (nsa).
UK	0430 ET	UK Sep construction output expected +4.0% m/m and +4.3% y/y, Aug -3.9% m/m and -0.3% y/y.
EUR	0500 ET	Revised Eurozone Oct CPI, previous +0.3% y/y and core CPI +0.7% y/y.
	0500 ET	Eurozone Q3 GDP expected +0.1% q/q and +0.7% y/y, Q2 unch q/q and +0.7% y/y.
	1600 ET	ECB Executive Board member Benoit Coeure speaks on a policy panel at the Global Research Forum on International Economics and Finance in Washington D.C. on Monetary Policy Spillovers and Cooperation in a Global Economy.

U.S. STOCK CALENDAR11/14/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Albemarle Corp	ALB US	9:00	Extraordinary Shareholders Meeting	Y 2014
Rockwood Holdings Inc	ROC US	9:00	Extraordinary Shareholders Meeting - M&A Vote	Y 2014
Estee Lauder Cos Inc/The	EL US	10:00	Annual General Meeting	Y 2014
Royal Gold Inc	RGLD US	11:00	Annual General Meeting	Y 2014
Principal Financial Group Inc	PFG US	13:00	Investor Meeting	Y 2014

O'Reilly Automotive - Barchart's Chart of the Day

O'Reilly Automotive (ORLY) is the Barchart Chart of the Day.  The retail and wholesale automotive part distributor has a Trend Spotter buy signal, a Weighted Alpha of 47.30+ and gained 45.07% in the last year.

The Chart of the Day belongs to O'Reilly Automotive (ORLY).  I found the stock by sorting the All Time High list for the most frequent new highs in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/20 the stock gained 17.21%.

O'Reilly Automotive, Inc. is a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both ``do-it-yourself`` customers and professional mechanics or service technicians. O'Reilly stores carry an extensive product line consisting of new and remanufactured automotive hard parts, such as alternators, starters, fuel pumps, water pumps, and brake shoes and pads, maintenance items, such as oil, antifreeze, fluids, engine additives and appearance products, accessories, such as floor mats and seat covers.

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, 0 and 100 day moving averages
• 21 new highs and up 22.29% in the last month
• Relative Strength Index 81.13%
• Barchart computes a technical support level at 179.15
• Recently traded at 181.63 with a 50 day moving average of 160.36

Fundamental factors:

• Market Cap $18.85 billion
• P/E 25.69
• Revenue expected to grow 8.10% this year and another 6.50% next year
• Earnings estimated to increase 20.20% this year, an additional 14.20% next year and continue to increase at an annual rate of 16.20% for the next 5 years
• Wall Street analysts issued 7 strong buy, 8 buy and 10 hold recommendations on the stock

The 50 - 100 day MACD Oscillator has been the most consistent technical trading indicator on this stock and should be used as your exit point.

5 Great Large Caps

Today I used Barchart to sort the S&P 500 Large Cap Index stocks to find the ones with the most frequent new highs in the last month, then used the Flipchart feature to review the charts.

Today's list includes O'Reilly Automotive (ORLY), Automatic Data Processing (ADP), Leggett & Platt (LEG), Patterson Companies (PDCO and Cincinnati Financial (CINF):

O'Reilly Automotive (ORLY)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 21 new highs and up 2208% in the last month
• Relative Strength Index 80.84%
• Barchart computes a technical support level at 177.77
• Recently traded at 181.43 wight a 50 day moving average of 160.35

Automatic Data Processing (ADP)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 20 new highs and up 18.65 in the last month
• Relative Strength Index 81.71%
• Barchart computes a technical support level at 84.22
• Recently traded at 85.40 with a 50 day moving average of 75.80

Leggett and Platt (LEG)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• 19 new highs and up 23.27% in the last month
• Relative Strength Index 75.20%
• Barchart computes a technical support level at 40.13
• Recently traded at 40.85 with a 50 day moving average of 36.36

Patterson Companies (PDCO)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 13.68% in the last month
• Relative Strength Index 82.09%
• Barchart computes a technical support level at 43.85
• Recently traded at 45.65 with a 50 day moving average of 41.73

Cincinnati Financial (CINF)

Barchart technical indicators:

• 96% Bachart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 10.41% in the last month
• Relative Strength Index 73.33%
• Barchart computes a technical support level at 50.59
• Recently traded at 51.29 with a 50 day moving average of 48.38

BARCHART MORNING CALL 11/13

BARCHART MORNING CALL

Thursday, November 13th, 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

December E-mini S&Ps (ESZ14 +0.22%) this morning are up +0.27% at a new record high on optimism over the U.S. economic outlook and European stocks are up +0.49% on strength in technology stocks as Ericson AB rose over 3% after announcing a pan to cut costs by $1.2 billion and Illiad SA gained over 4% after reporting stronger-than-expected Q3 revenue results. Asian stocks closed mixed: Japan +1.14%, Hong Kong +0.34%, China -0.56%, Taiwan +0.69%, Australia -1.35%, Singapore +0.65%, South Korea -0.46%, India -0.24%. China's Shanghai Stock Index erased an early rally and closed lower after a person with knowledge of the talks said that China's leaders have discussed lowering the 2015 economic target below this year's target of 7.5% after today's economic data showed weaker-than-expected industrial output and retail sales. Losses in Chinese stocks were limited on the outlook for additional stimulus measures after the PBOC said it was looking to support lending to small businesses. Commodity prices are mixed. Dec crude oil (CLZ14 -0.89%) is down -0.58%. Dec gasoline (RBZ14 -1.71%) is down -1.32%. Dec gold (GCZ14 +0.28%) is up +0.15%. Dec copper (HGZ14 +0.60%) is up +0.83%. Agriculture prices are mixed. The dollar index (DXY00 -0.14%) is down -0.14%. EUR/USD (^EURUSD) is up +0.18%. USD/JPY (^USDJPY) is up +0.15%. Dec T-note prices (ZNZ14 -0.02%) are down -3 ticks.
China Oct industrial production rose +7.7% y/y, less than expectations of +8.0% y/y. Oct retail sales rose +11.5% y/y, less than expectations of +11.6% y/y and the smallest pace of increase in 8-1/2 years. Oct fixed assess investment (excluding rural households) rose +15.9% y/y, less than expectations of +16.0% y/y and the slowest pace of increase in 13-3/4 years.
The ECB Survey of Professional Forecasters cut their Eurozone 2014 GDP estimate to +0.8% from +1.0% in Aug and lowered their 2014 inflation forecast to +0.5% from +0.7% in Aug.
Speaking in Abu Dhabi, New York Fed President Dudley said that "the reaction of financial markets to the Fed's actions will be important in terms of how fast we go once we start to tighten monetary policy."
The UK Oct RICS house price balance was 20%, less than expectations of 25% and the lowest in 17 months.
Japan Sep industrial production was revised higher to +2.9% m/m and +0.8% y/y from the previously reported +2.7% m/m and +0.6% y/y. Sep capacity utilization rose +3.6% m/m, the strongest pace of increase in 8 months.
Japan Sep machine orders unexpectedly rose +2.9% m/m and +7.3% y/y, stronger than expectations of -1.0% m/m and -0.3% y/y.
Japan Oct PPI fell -0.8% m/m, twice the expectations of a -0.4% m/m drop and the biggest decline in 3 years. On an annual basis, Oct PPI rose +2.9% y/y, less than expectations of +3.3% y/y and the smallest pace of increase in 7 months.

U.S. STOCK PREVIEW

Today’s initial unemployment claims report is expected to show a small increase of +2,000 to 280,000 following last week’s decline of -10,000 to 278,000. Meanwhile, the market is expecting today’s continuing claims report to show a -1,000 decline to 2.347 million, adding to last week’s fairly sharp drop of -39,000 to 2.348 million. Today’s Sep JOLTS job openings report is expected to drop by -35,000 to 4.800 million, reversing part of the +230,000 surge to the 13-1/2 year high of 4.835 million seen in August. The Treasury today will sell $16 billion of 30-year T-bonds, concluding this week’s $66 billion quarterly refunding operation. There are 7 of the S&P 500 companies that report earnings today: Wal-Mart (consensus $1.12), Viacom (1.68), Tyco (0.56), Helmerich & Payne (1.67), Kohl's (0.74), Applied Materials (0.27), Nordstrom (0.71).
Equity conferences today include: Bank of America Merrill Lynch Banking & Financial Services Conference on Wed-Thu, Wells Fargo Securities Technology, Media & Telecom Conference on Wed-Thu, Goldman Sachs Global Industrials Conference on Wed-Thu, Bank of America Merrill Lynch Global Energy Conference on Wed-Fri, Edison Electric Institute Financial Conference on Thu, UBS Building & Building Products CEO Conference on Thu, SunTrust Robinson Humphrey Financial Technology, Business & Government Services on Thu, NOAH Conference 2014 on Thu, Goldman Sachs Technology and Internet Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

Wal-Mart (WMT +0.24%) climbed over 1% in pre-market trading after it reported Q3 EPS of $1.15, better than consensus of $1.12.
Viacom (VIAB -0.40%) reported Q4 EPS of $1.71, higher than consensus of $1.68.
Kohl's (KSS +2.99%) reported Q3 EPS of 70 cents, below consensus of 74 cents.
UBS reiterated its 'Buy' rating on CME Group (CME -0.80%) and raised the price target on the stock to $97 from $89.
Tyco International (TYC -0.07%) reported Q4 EPS of 56 cents, right on consensus.
UGI Corporation (UGI -1.25%) reported a Q4 adjusted EPS loss of -8 cents, a bigger loss than consensus of -5 cents.
AmeriGas (APU +0.55%) reported a Q4 EPS loss of -58 cents, a wider loss than consensus of -55 cents.
Global Brass & Copper (BRSS -1.11%) reported Q3 adjusted EPS of 51 cents, weaker than consensus of 58 cents.
WGL Holdings (WGL -0.90%) reported a Q4 EPS loss of -17 cents, a smaller loss than consensus of -26 cents, and then raised guidance on fiscal 2015 EPS to $2.70-$2.90, higher than consensus of $2.64.
Cisco (CSCO -0.16%) reported Q1 adjusted EPS of 54 cents, better than consensus of 53 cents.
J.C. Penney (JCP +7.78%) fell over 5% in after-hours trading after it reported a Q3 EPS loss of -77 cents, a smaller loss than consensus of -80 cents, but said it saw a slowdown in September and October.
NetApp (NTAP +0.09%) fell 3% in after-hours trading after it reported Q2 EPS of 70 cents, right on consensus, although Q2 revenue of $1.54 billion was below consensus of $1.55.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ14 +0.22%) this morning are up +5.50 points (+0.27%) at a new record high. The S&P 500 index on Wednesday closed lower: S&P 500 -0.07%, Dow Jones -0.02%, Nasdaq +0.20%. Bullish factors included (1) a decline in bank stocks after U.S, and European regulators fined five lenders a total of $3.3 billion to settle a probe into the rigging of foreign-exchange rates, (2) carry-over weakness from a slide in European equities on Eurozone growth concerns after he BOE cut its U.K. GDP and inflation forecasts, and (3) concern over escalation of the Ukraine crisis after NATO said Russia has sent columns of troops and heavy weapons into Ukraine over the past two days.
Dec 10-year T-notes (ZNZ14 -0.02%) this morning are down -3 ticks. Dec 10-year T-note futures prices on Wednesday closed higher: TYZ4 +7.00, FVZ4 +3.50. Supportive factors included (1) carry-over support from a rally in British gilts and German bunds after the BOE cut its GDP and inflation forecasts, and (2) increased safe-haven demand for T-notes after stocks fell.
The dollar index (DXY00 -0.14%) this morning is down -0.119 (-0.14%). EUR/USD (^EURUSD) is up +0.0023 (+0.18%). USD/JPY ^USDJPY) is up +0.17 (+0.15%). The dollar index on Wednesday closed higher. Closes: Dollar index +0.291 (+0.33%), EUR/USD -0.00367 (-0.29%), USD/JPY -0.285 (-0.25%). Bullish factors included (1) hawkish comments from Philadelphia Fed President Plosser who said the Fed should raise rates "sooner rather than later" as that would enable them to move more gradually as data improves, and (2) weakness in stocks which boosted the safe-haven demand for the dollar. USD/JPY fell back from a 7-year high after Japanese Finance Minister Aso said that no decision has been made on postponing a national sales tax and after Japan's Chief Cabinet Secretary Suga there were no preparations for early elections.
Dec WTI crude oil (CLZ14 -0.89%) this morning is down -45 cents (-0.58%) and Dec gasoline (RBZ14 -1.71%) is down -0.0279 (-1.32%). Dec crude and Dec gasoline on Wednesday settled mixed. Closes: CLZ4 -0.76 (-0.98%), RBZ4 +0.0034 (+0.16%). Negative factors included (1) a stronger dollar, and (2) expectations for Thursday’s EIA inventory data to show crude supplies rose +1.1 million bbl and gasoline stockpiles rose +350,000 bbl. A bullish factor was the comments from Saudi Oil Minister Ali al-Naimi who said that talk of a price war within OPEC was a "misunderstanding" and that Saudi oil policy seeks steady oil prices.

GLOBAL EVENT CALENDAR11/13/2014

US	0330 ET	New York Fed President William Dudley delivers prepared remarks at the Central Bank of the United Arab Emirates in Abu Dhabi.
	0830 ET	Weekly initial unemployment claims expected +2,000 to 280,000, previous -10,000 to 278,000. Weekly continuing claims expected -1,000 to 2.347 million, previous -39,000 to 2.348 million.
	1000 ET	Sep JOLTS job openings expected 4.800 million, Aug 4.835 million.
	1100 ET	EIA Weekly Petroleum Status Report.
	1100 ET	Treasury announces amount of 10-year TIPS to be auctioned Nov 20.
	1230 ET	Philadelphia Fed President Charles Plosser participates in a panel discussion at a conference called The Federal Reserve and Monetary Policy: Traditional and New Tools on What is the New Normal?
	1300 ET	Treasury auctions $16 billion of 30-year T-bonds.
	1400 ET	Oct monthly budget statement expected -$114.0 billion, Sep +$105.81 billion.
	1530 ET	Minneapolis Fed President Narayana Kocherlakota gives an update on monetary policy and speaks on the Bakken oil boom at Stanford University.
CHI	0030 ET	China Oct industrial production expected +8.0% y/y, Sep +8.0% y/y.
	0030 ET	China Oct retail sales expected +11.6% y/y, Sep +11.6% y/y.
GER	0200 ET	Revised German Oct CPI (EU harmonized), previous -0.3% m/m and +0.7% y/y.
EUR	0815 ET	ECB Executive Board member Benoit Coeure speaks at the Economic Club of New York.

U.S. STOCK CALENDAR11/13/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Viacom Inc	VIAB US	Bef-mkt	Q4 2014 Earnings Release	Q4 2014	1.679
Tyco International Ltd	TYC US	Bef-mkt	Q4 2014 Earnings Release	Q4 2014	0.561
Helmerich & Payne Inc	HP US	Bef-mkt	Q4 2014 Earnings Release	Q4 2014	1.673
Wal-Mart Stores Inc	WMT US	7:00	Q3 2015 Earnings Release	Q3 2015	1.119
Wal-Mart Stores Inc	WMT US	7:00	Q3 2015 Earnings Call - Pre - Recorded	Q3 2015
Kohl's Corp	KSS US	7:00	Q3 2015 Earnings Release	Q3 2015	0.737
F5 Networks Inc	FFIV US	8:00	Analyst and Investor Meeting	Y 2014
Tyco International Ltd	TYC US	8:00	Q4 2014 Earnings Call	Q4 2014
Procter & Gamble Co/The	PG US	8:30	Analyst Meeting - Biennial	Y 2014
Viacom Inc	VIAB US	8:30	Q4 2014 Earnings Call	Q4 2014
Kohl's Corp	KSS US	8:30	Q3 2015 Earnings Call	Q3 2015
United Parcel Service Inc	UPS US	9:00	Investor Meeting	Y 2014
Helmerich & Payne Inc	HP US	11:00	Q4 2014 Earnings Call	Q4 2014
News Corp	NWSA US	13:00	Annual General Meeting	Y 2014
Fluor Corp	FLR US	14:00	Investor Day
Applied Materials Inc	AMAT US	16:30	Q4 2014 Earnings Call	Q4 2014
Nordstrom Inc	JWN US	16:45	Q3 2015 Earnings Call	Q3 2015
Applied Materials Inc	AMAT US	Aft-mkt	Q4 2014 Earnings Release	Q4 2014	0.271
Nordstrom Inc	JWN US	Aft-mkt	Q3 2015 Earnings Release	Q3 2015	0.712

Reading International - Barchart's Chart of the Day

Reading International (RDI) is the Barchart Chart of the Day.  The movie theater operator and commercial property manager has a Trend Spotter buy signal, a Weighted Alpha of 81.70+ and gained 69.31% in the last year.

The Chart of the Day is Reading International (RDI).  I found the stock by sorting the All Time 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 10/15 The stock jumped 29.67%.

Reading International, Inc. is engaged primarily in the ownership and management of movie theaters and commercial and residential property.

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
• 19 new highs and up 36.10% in the last month
• Relative Strength Index 91.44%
• Barchart computes a technical support level at 10.40%
• Recently traded at 11.32 with a 50 day moving average of 8.99

Fundamental factors:

• Market Cap $266.13 million
• P/E 21.51
• There are no Wall Street firms presently following the stock
• On Motley Fool some individual investors voted 24 to 6 that the stock will beat the market

The 50 - 100 day MACD Oscillator has been the most consistent technical trading strategy on this stock and should be used to find an exit point.

Leggett and Platt - Barchart's Chart of the Day

Leggett & Platt (LEG) is the Barchart Chart of the Day.  The household furniture stock has a Trend Spotter buy signal, a Weighted Alpha of 44.80+, gained 40.69% in the last year and paid a 3.09% dividend yield.

The Chart of the Day is Leggett & Platt (LEG).  I found the stock by sorting the All Time 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 10/21 the stock gained 15.82%.

Leggett & Platt, Inc. is one of the leading manufacturers of engineered products serving several major markets. Sales and production are focused on residential furnishings, commercial furnishings, aluminum products, industrial materials, and specialized products. The company has facilities throughout North America and in numerous international locations.

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
• 19 new highs and up 22.26% in the last month
• Relative Strength Index 82.23%
• Barchart computes a technical support level at 39.66
• Recently traded at 41.32 with a 50 day moving average of 36.12

Fundamental factors:

• Market Cap $ 5.73 billion
• P/E 23.44
• Dividend yield 3.09%
• Revenue expected to grow 1.10% this year and another 5.80% next year
• Earnings estimated to increase 18.20% this year, an additional 14.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 1 strong buy, 1 buy and 5 hold recommendations on the stock

The 50 - 100 day MACD oscillator has been the most consistent technical trading strategy on this stock and should be used as your exit point.

Navient Corp - Barchart's Chart of the Day

Navient Corp (NAVI) is the Barchart Chart of the Day.  The consumer loan stock has a Trend Spotter buy signal, a Weighted Alpha of 25.60+, gained 18.88% in the last year and paid a 2.99% dividend yield.

The Chart of the Day is Navient Corp (NAVI).  I found the stock by sorting the All Time High list for the most frequent new highs in the last month, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/17 the stock gained 8.60%.

Navient Corporation offers a variety of loan management, servicing and asset recovery services to clients in higher education, and federal, state, and local governments. The Company operates in four segments: Consumer Lending, Business Services, FFELP Loans and Other. The Company acts as a servicer for Department of Education and FFELP loans as well as private student loans.

  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 16.82% in the last month
• Relative Strength Index 73.60%
• Barchart computes a technical support level at 19.78
• Recently traded at 20.21 with a 50 day moving average of 18.13

Fundamental factors:

• Market Cap $8.48 billion
• Dividend yield 2.99%
• Analysts forecasts mixed
• Wall Street analysts issued 3 strong buy, 4 buy and 1 hold recommendation
• The individual investors on Motley Foll predict the stock will outperform the market by a vote of 9 to 1

The stock began trading in April so he really can't rely on the fundamental yet.  Use the 100 day moving average as an exit until we have more information.