Vantiv - Barchart's Chart of the Day

Vantiv (VNTV) is the Barchart Chart of the Day.  The financial transaction services company has a Trend spotter buy signal, a Weighted Alpha of 28.80+ and gained 19.76% in the last year.

The Chart of the Day belongs to Vantiv (VNTV).  I found the stock by sorting today's All Time High list for the stocks with the best technical buy signals, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy in 3/18 the stock is up 1.83%,

Vantiv, Inc. is an integrated payment processor engaged in providing advanced technology solutions for businesses and financial institutions. The Company operates in two segments: Merchant Services and Financial Institution Services. Vantiv offers acquiring and processing transactions, value-added services, merchant services and reporting for electronic payment transactions. It also provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving, network gateway and switching services.

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% Barcart technical buy signals
• Trend Spotter buy signal
• Above its 20, 0 and 100 day moving averages
• 3 new highs and up 1.17% in the last month
• Relative Strength Index 67.59%
• Barchart computes a technical support level at 36.82
• Recently traded at 3891 with a 50 day  moving average of 36.06

Fundamental factors:

• Market Cap $7.36 billion
• P/E 22.23
• Revenue expected to grow 15.40% this year and another 8.10% next year
• Earnings estimated to increase 14.40% this year, an additional 12.60% next year and continue to increase at an annual rate of 13.78% for the next 5 years
• Wall Street analysts issued 6 strong buy, 15 buy, 5 hold and 1 under perform recommendation on the stock

This stock does not lend itself to technical trading strategies so I suggest you use a moving  stop loss 10% below the recent high for an exit point

Werner Enterprises - Barchart Chart of the Day

Werner Enterprises (WERN) is the Barchart Chart of the Day. The trucking company has a Trend Spotter buy signal, a Weighted Alpha of 36.50+ and gained 30.54% in the last year.

The Chart of the Day belongs to  Werner Enterprises (WERN). I found the stock by sorting today's All Time High list for 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 2.13 the stock gained 6.73%.

Werner Enterprises, Inc. is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico.

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% Bar chart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 5.01% in the last month
• Relative Strength index 67.01%
• Barchart computes a technical support level at 32.07
• Recently traded at 33.11 with a 50 day moving average of 30.79

Fundamental factors:

• Market Cap $2.38 billion
• P/E 23.20
• Dividend yield .63%
• Revenue predicted to grow 3.10% this year and another 6.10% next year
• Earnings estimated to increase 17.60% this year, an additional 11.90% next year and continue to compound annually by a rate of 13.97%
• Wall Street analysts issued 3 strong buy, 1 buy , 15 hold and 2 under perform recommendations on the stock

The regular technical trading strategies don't work on this stock so I recommend you use a 1 moving stop loss 10% below the recent high as an exit point.

The 5 Hottest Small Caps

I wanted to find the hottest Small Cap stocks so I used Barchart to sort the S&P 600 Small Cap Index stocks to find out which stock had the most daily advances in the last month, then I used the Flipchart feature to review the charts.

Today's list includes Fabrinet (FN), EW Scripps (SSP), Gencorp (GY), Surmodics (SRDX) and Bank of the Ozarks (OZRK).

Fabrinet (FN)

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 12.67% in the last month
• Relative Strength Index 71.03%
• Barchart computes a technical support level at 18.42
• Recently traded at 19.03 with a 50 day moving average of 17.25

EW Scripps (SSP)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 23.35% in the last month
• Relative Strength Index 83.56%
• Barchart computes a technical support level at 26.23
• Recently traded at 26.67 with a 50 day moving average of 22.05

Gencorp (GY)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 15.10% in the last month
• Relative Strength Index 88.66%
• Barchart computes a technical support level at 21.39
• Recently traded at 21.84 with a 50 day moving average of 18.82

Surmodics (SRDX)

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 11.24% in the last month
• Relative Strength Index of 76.71%
• Barchart computes a technical support level at 25.37
• Recently traded at 26.35 with a 50 day moving average of 23.58

Bank of the Ozarks (OZRK)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 5.36% in the last month
• Relative Strength Index 58.40%
• Barchart computes a technical support level at 36.37
• Recently traded at 37.18 with a 50 day moving average of 35.37

BARCHART MORNING CALL 3/19

BARCHART MORNING CALL

Thursday, March 19th, 2015View 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

June E-mini S&Ps (ESM15 -0.06%) this morning are down -0.05% ahead of weekly U.S. jobless claims and the monthly Philadelphia Fed business outlook survey. European stocks are up +0.28% as they catch-up to yesterday's rally in U.S. equities after the Fed signaled it will proceed slowly when raising interest rates. Gains in European stocks were limited as Greece negotiates with its creditors to avoid default as its funding options dwindle. The yield on the Greek 10-year bond rose to a 1-1/2 year high of 11.51% after the ECB raised the maximum amount of emergency liquidity available to Greek lenders by 400 million euros, less than the 900 million euros requested by the Greek central bank. Greece faces more than 2 billion euros in debt payments on Friday, and government salaries and pensions must be paid at the end of this month. Meanwhile, the action by the FOMC on Wednesday to lower their estimate for U.S. interest rates sparked a rally in German bunds that sent the 10-year bund yield down to an all-time low of 0.170%. Asian stocks closed mixed: Japan -0.35%, Hong Kong +1.45%, China -0.16%, Taiwan +0.86%, Australia +1.86%, Singapore +0.73%, South Korea +0.30%, India -0.53%. Japanese stocks retreated after the yen jumped to a 2-1/2 week high against the dollar on Wednesday, which undercut the earnings prospects for exporters. Commodity prices are mixed. Apr crude oil (CLJ15 -3.78%) is down -3.11%. Apr gasoline (RBJ15 -1.43%) is down -0.94%. Apr gold (GCJ15 +1.09%) is up +1.09% at a 2-1/2 week high after the Fed yesterday signaled a slow pace of tightening. May copper (HGK15 +2.86%) is up +2.49%. Agriculture prices are higher. The dollar index (DXY00 +0.20%) is up +0.18%. EUR/USD (^EURUSD) is down -1.58%. USD/JPY (^USDJPY) is up +0.41%. Jun T-note prices (ZNM15 -0.04%) are up +0.5 of a tick at a 1-1/4 month high.
The ECB raised the maximum amount of emergency liquidity available to Greek banks by 400 million euros ($435 million), less than the 900 million euros requested by the Greek central bank. Greek banks were cut off from regular ECB funding operations in Feb, forcing them onto Emergency Liquidity Assistance (ELA) from the Greek central bank. The 400 million euro increase from the ECB takes the ELA to near 70 billion euros.
Eurozone Q4 labor costs rose +1.1% y/y, a smaller increase than the upward revised +1.4% y/y increase in Q3 that was originally reported at +1.3% y/y.
The Japan Jan all-industry activity index rose +1.9% m/m, right on expectations and the largest increase in 3-3/4 years.
Japan Feb nationwide department store sales rose +1.1% y/y, the first increase in 11 months.

U.S. STOCK PREVIEW

Today’s initial unemployment claims report is expected to show a +4,000 increase to 293,000 and for continuing claims to show a -18,000 decline to 2.400 million. Today’s Feb leading indicators report is expected to show a +0.2% increase, thereby matching January’s increase of +0.2%. The Treasury today will sell $13 billion of 10-year TIPS. There are 4 of the Russell 1000 companies that report earnings today: NIKE (consensus $0.85), Lennar (0.45), Tech Data (2.03), Michaels Companies (0.74). Equity conferences during the remainder of this week include: Bank of America Merrill Lynch Global Industrials & EU Autos Conference on Tue-Thu, Alzheimer's and Parkinson's Diseases and Related Neurological Disorders (AD/PD) on Fri.

OVERNIGHT U.S. STOCK MOVERS

Tech Data (TECD +1.50%) reported Q4 non-GAAP EPS of $1.96, below consensus of $2.03.
Lennar (LEN +1.76%) reported Q1 EPS of 50 cents, above consensus of 45 cents.
Newmont Mining (NEM +3.39%) was upgraded to 'Overweight' from 'Neutral' at HSBC.
Integrated Core Strategies reported a 5.1% passive stake in Dynegy (DYN +3.07%) .
Aetna (AET +1.97%) was upgraded to 'Buy' from 'Neutral' at Sterne Agee.
Cintas (CTAS +1.06%) reported Q3 EPS of 85 cents, higher than consensus of 78 cents, and then raised guidance on fiscal 2015 EPS to $3.31-$3.34 from $3.20-$3.25, above consensus of $3.27.
Wynn Resorts (WYNN -1.33%) was initiated with a 'Buy' at Brean Capital with a price target of $174.
Las Vegas Sands (LVS +2.74%) was initiated with a 'Buy' at Brean Capital with a price target of $65.
MGM Resorts (MGM +3.59%) was initiated with a 'Buy' at Brean Capital with a price target of $27.
Williams-Sonoma (WSM -3.47%) reported Q4 EPS ex-items of $1.52, right on consensus, but then lowered guidance on fiscal 2015 EPS to $3.35-$3.45, well below consensus of $3.63.
Guess (GES -2.45%) jumped 10% in after-hours trading after it reported Q4 EPS of 63 cents, above consensus of 57 cents.
Jabil Circuit (JBL +0.04%) reported Q2 core EPS of 50 cents, stronger than consensus of 45 cents.
Cerner (CERN +0.39%) was upgraded to 'Outperform' from 'Neutral' at RW Baird.
Smart & Final Stores (SFS +0.06%) raised guidance on fiscal 2015 adjusted EPS to 67 cents-70 cents, above consensus of 63 cents.
Herman Miller (MLHR +0.45%) reported Q3 adjusted EPS of 37 cents, higher than consensus of 34 cents.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.06%) this morning are down -1.00 point (-0.05%). The S&P 500 index on Wednesday shook off early losses and rallied to a 2-week high and closed higher: S&P 500 +1.22%, Dow Jones +1.27%, Nasdaq +1.07%. The main bullish factor was speculation the Fed will be slow to raise rates when it said economic growth “moderated somewhat” and reduced its 2015 year-end federal funds rate median forecast to 0.625% from Dec’s 1.125%.
Jun 10-year T-notes (ZNM15 -0.04%) this morning are up +0.5 of a tick at a new 1-1/4 month high. Jun 10-year T-note futures prices on Wednesday rose to a 1-1/4 month high and closed higher. Closes: TYM5 +1-2/32 points, FVM5 +23.50. Bullish factors included (1) the FOMC’s cut in its U.S, GDP and PCE inflation estimates following the conclusion of its 2-day policy meeting, and (2) the FOMC’s cut in its 2015 year-end federal funds rate median estimate to 0.625% from Dec’s 1.125%, which signals a slower pace of tightening than previously expected.
The dollar index (DXY00 +0.20%) this morning is up +0.178 (+0.18%). EUR/USD (^EURUSD) is down -0.0172 (-1.58%). USD/JPY (^USDJPY) is up +0.49 (+0.41%). The dollar index on Wednesday fell to a 1-week low and closed lower: Dollar index -1.035 (-1.04%), EUR/USD +0.02655 (+2.51%), USD/JPY -1.259 (-1.04%). Bearish factors included (1) the FOMC’s cut in its U.S. 2015 GDP estimate and its year-end fed funds forecast, and (2) the post-FOMC statement saying that the Fed won’t begin to raise interest rates until it is confident that inflation will move back toward its 2.0% target and the labor market improves further.
Apr WTI crude oil (CLJ15 -3.78%) this morning is down -$1.39 a barrel (-3.11%) and Apr gasoline (RBJ15 -1.43%) is down -0.0169 (-0.94%). Apr crude oil and gasoline prices on Wednesday closed higher: CLJ5 +1.20 (+2.76), RBJ5 +0.0765 (+4.42%). Apr crude recovered from a 6-year low and both crude and gasoline closed higher on bullish factors that included (1) the slide in the dollar index to a 1-week low, and (2) the -4.47 million bbl decline in EIA gasoline inventories, a bigger drop than expectations of -900,000 bbl. Crude prices posted a 6-year low after EIA crude stockpiles jumped +9.62 million bbl to a record 458.5 million bbl (data from 1982), much more than expectations for a +4.4 million bbl build.

GLOBAL EVENT CALENDAR03/19/2015

US	0830 ET	Weekly initial unemployment claims expected +4,000 to 293,000, previous -36,000 to 289,000. Weekly continuing claims expected -18,000 to 2.400 million, previous -5,000 to 2.418 million.
	0830 ET	Q4 current account balance expected -$104.1 billion, Q3 -$100.3 billion.
	0830 ET	USDA weekly Export Sales.
	1000 ET	Mar Philadelphia Fed business outlook survey expected +1.8 to 7.0, Feb -1.1 to 5.2.
	1000 ET	Feb leading indicators expected +0.2%, Jan +0.2%.
	1100 ET	Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating rate notes (previous $13 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Mar 25-26.
	1300 ET	Treasury auctions $13 billion 10-year TIPS.
JPN	0030 ET	Japan Jan all-industry activity index expected +1.9% m/m, Dec -0.3% m/m.
EUR	0600 ET	Eurozone Q4 labor costs, Q3 +1.3%y/y.

U.S. STOCK CALENDAR03/19/2015

Company	Ticker	Time	Event Description	Period	Estimate
Lennar Corp	LEN US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.45
Tech Data Corp	TECD US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	2.033
Michaels Cos Inc/The	MIK US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.743
Mallinckrodt PLC	MNK US	5:30	Annual General Meeting	Y 2015
Tech Data Corp	TECD US	9:00	Q4 2015 Earnings Call	Q4 2015
Michaels Cos Inc/The	MIK US	9:00	Q4 2015 Earnings Call	Q4 2015
Lennar Corp	LEN US	11:00	Q1 2015 Earnings Call	Q1 2015
Keysight Technologies Inc	KEYS US	11:00	Annual General Meeting
Two Harbors Investment Corp	TWO US	13:15	Analyst & Investor Day	Y 2015
NIKE Inc	NKE US	16:15	Q3 2015 Earnings Release	Q3 2015	0.845
NIKE Inc	NKE US	17:00	Q3 2015 Earnings Call	Q3 2015
Platform Specialty Products Corp	PAH US		Investor and Analyst Day	Y 2015

Zafgen - Barchart's Chart of the Day

Zafgen (ZFGN) is the Barchart Chart of the Day.  The pharmaceutical stock has a Trend Spotter buy signal, a Weighted Alpha of 155.10+ and gained 139.09% in the last year.

The Chart of the Day belongs to Zafgen (ZFGB).  I found the stock by sorting the All Time High list for 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 1/22 the stock gained 26.74%.

Zafgen, Inc. is a biopharmaceutical company. The Company develops therapeutics for patients suffering from obesity and obesity-related disorders. Its lead product candidate includes Beloranib, an injection that is in Phase II clinical trials for the treatment of various indications comprising obesity and hyperphagia in Prader-Willi Syndrome patients, craniopharyngioma-associated obesity, and severe obesity in the general population.

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 21.67%
• Relative Strength Index 74.19%
• Barchart computes a technical support level at 43.95
• Recently traded at 47.02 with a 50 day moving average of 39.25

Fundamental factors:

• Market Cap $1.23 billion
• This company is unproven and yet to have positive earnings.
• Wall Street analysts issued 2 strong buy and 3 buy recommendations on the stock
• The individual investors on Motley Fool voted 14 to 5 for the stock to beat the market
• On Seeking Alpha only 127 readers have the stock on their watch list

This is a speculative play not an investment.  The 100 day moving average vs. price has been an effective technical trading strategy so far and should be used for entry and exit points.

The 5 Hottest Mid Caps

Today I wanted to find the 5 hottest Mid Caps so I used Barchart to sort the stocks of the S&P 400 Mid Cap Index to find which stocks had the most daily advances in the last month.

The list includes Skyworks Solutions (SWKS), FootLocker (FL), HanesBrands (HBI), Cognex (CGNX) and Charles River Laboratories (CRL):

Skyworks Solutions (SWKS)

Barchat technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 17.61% in the last month
• Relative Strength Index 76.84%
• Barchart computes a technical support level at 94.32
• Recently traded at 97.31 with a 50 day moving average of 82.89

FootLocker (FL)

Bachart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 14.13% in the last month
• Relative Strength Index 72.03%
• Barchart computes a technical support level at 60.01
• Recently traded at 61.23 with a 50 day moving average of 55.61

HanesBrands (HBI)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 15.26% in the last month
• Relative Strength Index 78.28%
• Barchart computes a technical support level at 33.38
• Recently traded at 33.99 with a 50 day moving average of 29.63

Cognex (CGNX)

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 18.69% in the last month
• Relative Strength Index 71.69%
• Barchart computes a technical support level at 47.76
• Recently traded at 48.96 with a 50 day moving average of 41.26

Charles River Laboratories (CRL)

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 11.05% n the last month
• Relative Strength Index 78.78%
• Barchart computes a technical support level at 80.43
• Recently traded at 81.90 with a 50 day moving average of 72.50

BARCHART MORNING CALL 3/18

BARCHART MORNING CALL

Wednesday, March 18th, 2015View 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

June E-mini S&Ps (ESM15 -0.44%) this morning are down -0.29% and European stocks are down -0.67% as weakness in energy producers drags the overall market lower after the price of crude oil slid to a fresh 6-years low. The markets are also on edge ahead of the outcome of the 2-day FOMC meeting later today where expectations are for the Fed to drop its reference to be "patient" with raising interest rates. The 10-year Greek bond yield rose to a 1-1/4 month high of 10.917% as the Greek government prepares emergency measures to raise cash for more than 2 billion euros in debt payments due on Friday. Asian stocks closed mostly higher: Japan +0.55%, Hong Kong +0.91%, China +2.37%, Taiwan +1.19%, Australia unch, Singapore -0.24%, South Korea +0.02%, India -0.40%. Japan's Nikkei Stock Index soared to a 14-3/4 year high after Japan Feb exports climbed more than expected, a sign the weak yen is boosting Japanese exports. China's Shanghai Stock Index rose over 2% to a 6-3/4 year high on speculation the government will expand stimulus to spur economic growth after China Feb new home property prices fell in 66 of the 70 cities tracked by the government, up from 64 in Jan. Commodity prices are mixed. Apr crude oil (CLJ15 -2.88%) is down -2.85% at a fresh 6 -year low ahead of today's EIA inventory report where crude supplies are projected to increase +4.4 million bbl. Apr gasoline (RBJ15 -0.69%) is down -0.88%. Apr gold (GCJ15 +0.13%) is up +0.11%. May copper (HGK15 -1.97%) is down -1.94% at a 3-week low after new home prices fell in China, which raises demand concerns. Agriculture prices are higher. The dollar index (DXY00 -0.06%) is down -0.13%. EUR/USD (^EURUSD) is up +0.26%. USD/JPY (^USDJPY) is down 0.16%. Jun T-note prices (ZNM15 +0.22%) are up +8 ticks at a 2-week high.
The Japan Feb trade balance shrank to a deficit of -424.6 billion yen, narrower than expectations of -986.6 billion yen and the smallest deficit in 20 months. Feb exports rose +2.4% y/y, stronger than expectations of +0.3%, and Feb imports unexpectedly fell -3.6% y/y, weaker than expectations of +3.2% y/y.
Eurozone Jan construction output rose +1.9% m/m and +3.0% y/y, stronger than Dec's upward revised +0.2% m/m and -2.7% y/y.
UK Feb jobless claims fell -31,000, stronger than expectations of -30,000. The Feb claimant count rate fell -0.1 to 2.4%, right on expectations and the lowest in 6-3/4 years.
The UK Jan ILO unemployment rate was unch at 5.7% in the 3-months through Jan when expectations were for a -0.1 point decline to 5.6%.
UK Jan average weekly earnings rose +1.8% 3-month avg y/y, weaker than expectations of +2.2% 3-mon avg y/y. Jan average weekly earnings ex-bonus rose +1.6% 3-mon avg y/y, weaker than expectations of +1.8% 3-mon avg y/y.

U.S. STOCK PREVIEW

The FOMC at the conclusion of its 2-day meeting that ends today will release updated economic projections and Fed Chair Yellen will hold a press conference. There are 5 of the Russell 1000 companies that report earnings today: FedEx (consensus $1.88), General Mills (0.67), Cintas (0.78), Williams-Saonoma (1.52), Jabil Circuit (0.45), Platform Specialty Products (0.20).
Equity conferences during the remainder of this week include: Consumer Analyst Group of Europe Conference on Mon-Wed, Bank of America Merrill Lynch Global Industrials & EU Autos Conference on Tue-Thu, Barclays Atlanta Utilities Conference on Wed, Wells Fargo Asset Managers, Brokers & Exchanges Conference on Wed, ISI Retail Summit on Wed, Barclays Power and Utilities CFO Corporate Day on Wed, Alzheimer's and Parkinson's Diseases and Related Neurological Disorders (AD/PD) on Fri.

OVERNIGHT U.S. STOCK MOVERS

Ryerson (RYI +4.24%) was downgraded to 'Neutral' from 'Overweight' at JPMorgan Chase.
Navistar (NAV -0.03%) was downgraded to 'Underweight' from 'Equal Weight' at Morgan Stanley.
USG (USG -0.52%) was downgraded to 'Neutral' from 'Outperform' at RW Baird.
Macerich (MAC -3.47%) was downgraded to 'Sell' from 'Neutral' at UBS.
Jefferies downgraded Salix Pharmaceuticals (SLXP -0.16%) to a 'Hold' from 'Buy' with a $173 price target.
FedEx (FDX -0.91%) reported Q3 EPS of $2.01, higher than consensus of $1.87.
General Mills (GIS -0.69%) reported Q3 EPS of 70 cents, better than consensus of 67 cents.
GIC Private Limited reported a 5.02% passive stake in Dollar General (DG -0.90%) .
Quiksilver (ZQK +3.66%) reported a Q1 continuing operating EPS loss of -11 cents, a smaller loss than consensus of -14 cents, but then lowered guidance on fiscal 2015 revenue estimate to $1.38 billion to $1.45 billion, below consensus of $1.49 billion.
Adobe (ADBE +1.70%) fell over 3% in after-hours trading after it reported Q1 adjusted EPS of 44 cents, higher than consensus of 39 cents, but then lowered guidance on Q2 EPS to 41 cents to 47 cents, less than consensus of 48 cents.
Oracle (ORCL -1.24%) climbed nearly 2% in after-hours trading after it reported Q3 EPS of 68 cents, right on consensus, but said that cloud bookings are now growing by 100% per year.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.44%) this morning are down -6.00 points (-0.29%). The S&P 500 index on Tuesday closed lower: S&P 500 -0.33%, Dow Jones -0.71%, Nasdaq +0.12%. Bearish factors included (1) the -17.0% drop in U.S. Feb housing starts, weaker than expectations of -2.4% to 1.040 million and the lowest in 13 months, (2) weakness in energy producers as crude oil fell to a fresh 6-year low, and (3) long liquidation pressure in stocks ahead of the outcome of the 2-day FOMC meeting on Wednesday where the Fed is expected to remove the “patient” wording from its policy stance, which signals it is closer to raising interest rates.
Jun 10-year T-notes (ZNM15 +0.22%) this morning are up +8 ticks at a 2-week high. Jun 10-year T-note futures prices on Tuesday climbed to a 2-week high and closed higher. Closes: TYM5 +9.00, FVM5 +2.00. Bullish factors included (1) the weaker-than-expected U.S. Feb housing starts, and (2) the plunge in crude oil to a 6-year low which reduces inflation expectations after the 10-year T-note breakeven inflation rate fell to a 6-week low.
The dollar index (DXY00 -0.06%) this morning is down -0.129 (-0.13%). EUR/USD (^EURUSD) is up +0.0028 (+0.26%). USD/JPY (^USDJPY) is down -0.20 (-0.16%). The dollar index on Tuesday closed lower: Dollar index -0.019 (-0.02%), EUR/USD +0.00288 (+0.27%), USD/JPY +0.033 (+0.03%). Bearish factors included (1) the weaker-than-expected U.S. Feb housing starts report, which spurred long liquidation in the dollar ahead of the outcome of the 2-day FOMC meeting on Wednesday, and (2) strength in EUR/USD after the German ZEW survey expectations of economic growth rose to a 13-month high.
Apr WTI crude oil (CLJ15 -2.88%) this morning is down -$1.24 a barrel (-2.85%) at a fresh 6-year low and Apr gasoline (RBJ15 -0.69%) is down -0.0153 (-0.88%). Apr crude oil and gasoline prices on Tuesday settled mixed with Apr crude at a 6-year low: CLJ5 -0.42 (-0.96), RBJ5 +0.0015 (+0.09%). Bearish factors included (1) expectations that Wednesday’s EIA data will show that U.S. crude stockpiles rose +4.4 million bbl and added to record U.S. inventories, and (2) the slide in stocks which reduced optimism about the economic outlook and energy demand. Apr gasoline recovered from a 6-week low and closed higher on bullish factors that included (1) a weaker dollar, and (2) expectations that Wednesday’s EIA inventory data will show gasoline supplies fell -850,000 bbl.

GLOBAL EVENT CALENDAR03/18/2015

US	0700 ET	Weekly MBA mortgage applications, previous -1.3% with purchase sub-index +1.9% and refi sub-index -2.9%.
	1030 ET	EIA Weekly Petroleum Status Report.
	1400 ET	FOMC announces interest rate decision.
JPN	0200 ET	Revised Japan Feb machine tool orders, previous +28.9% y/y.
UK	0530 ET	UK Feb jobless claims change expected -30,000, Jan -38,600. Feb claimant count rate expected -0.1 to 2.4%, Jan 2.5%.
	0530 ET	UK Jan average weekly earnings expected +2.2% 3-mon avg y/y, Dec +2.1% 3-mon avg y/y. Jan weekly earnings ex-bonus expected +1.8% 3-mon avg y/y, Dec +1.7% 3-mon avg y/y.
	0530 ET	UK Jan ILO unemployment rate expected -0.1 to 5.6% for the 3-months through Jan, previous +5.7% for the 3-months through Dec.
	0530 ET	Minutes of the Mar 4-5 BOE policy meeting.
EUR	0600 ET	Eurozone Jan construction output, Dec -0.8% m/m and -3.5% y/y.

U.S. STOCK CALENDAR03/18/2015

Company	Ticker	Time	Event Description	Period	Estimate
General Mills Inc	GIS US	Bef-mkt	Q3 2015 Earnings Release	Q3 2015	0.665
Progressive Corp/The	PGR US	Bef-mkt	February 2015 Sales and Revenue Release	2015
Platform Specialty Products Corp	PAH US	Bef-mkt	Q4 2014 Earnings Release	Q4 2014	0.195
FedEx Corp	FDX US	7:30	Q3 2015 Earnings Release	Q3 2015	1.878
Platform Specialty Products Corp	PAH US	8:00	Q4 2014 Earnings Call	Q4 2014
FedEx Corp	FDX US	8:30	Q3 2015 Earnings Call	Q3 2015
General Mills Inc	GIS US	8:30	Q3 2015 Earnings Call	Q3 2015
FactSet Research Systems Inc	FDS US	8:30	Investor Day	Y 2015
Realogy Holdings Corp	RLGY US	9:00	Investor Day	Y 2015
Agilent Technologies Inc	A US	11:00	Annual General Meeting	Y 2015
Starbucks Corp	SBUX US	13:00	Annual General Meeting	Y 2015
T-Mobile US Inc	TMUS US	13:00	Un-Carrier Event
Jabil Circuit Inc	JBL US	16:30	Q2 2015 Earnings Call	Q2 2015
Hewlett-Packard Co	HPQ US	17:00	Annual General Meeting	Y 2015
Cintas Corp	CTAS US	17:00	Q3 2015 Earnings Call	Q3 2015
Williams-Sonoma Inc	WSM US	17:00	Q4 2015 Earnings Call	Q4 2015
Cintas Corp	CTAS US	Aft-mkt	Q3 2015 Earnings Release	Q3 2015	0.784
Williams-Sonoma Inc	WSM US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	1.516
Jabil Circuit Inc	JBL US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.446
Raymond James Financial Inc	RJF US		February 2015 Sales and Revenue Release - Operating Data	2015
AT&T Inc	T US		Apple Inc. Will Replace AT&T Inc. in DJIA
Apple Inc	AAPL US		Apple Inc. Will Replace AT&T Inc. in DJIA

Berry Plastics Group - Barchart's Chart of the Day

Berry Plastics Group (BERY) is the Barchart Chart of the Day.  The plastic and paper packaging products company has a Trend Spotter buy signal, A Weighted Alpha of 61.60+ and gained 52.87% in the last year.

The Chart of the Day belongs to Berry Plastics Group (BERY).  I found the stock by sorting the All Time High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/24 the stock was up 43.02%

Berry Plastics Group, Inc. is a manufacturer and marketer of value-added plastic consumer packaging and engineered materials. The Company operates in three segments: Rigid Packaging, Engineered Materials and Flexible Packaging. Its rigid packaging products include containers, thermoformed polypropylene and injection-molded plastic drink cups, plastic home and party items, plastic garden products, closures, aerosol overcaps, polyethylene and PET bottles and plastic squeeze tubes for food and beverage, retail mass, healthcare, personal care, and household chemical consumer-oriented end markets. Berry's flexible packaging products comprises of mono layer and coextruded films; barrier films for cereal, cookie, cracker, and dry mix packages; lamination films for carpet padding; films used for solar panel construction; component and packaging films; printed products; and coated and laminated packaging products.

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
• 5 new highs and up 2.79% in the last month
• Relative Strength Index 65.11%
• Barchart computes a technical support level at  34.50
• Recently traded at 35.66 with a 50 day moving average of 33.95

Fundamental factors:

• Market Cap $4.24 billion
• P/E 24.96
• Revenue expected to grow 4.10% this year and another 3.40% next year
• Earnings estimated to increase 29.00% this year, an additional 16.60% next year and continue to compound at an annual rate of 16.17% for the next 5 years
• Wall Street analysts issued 4 strong buy and 6 buy recommendations on the stock

Non of the normal technical trading strategies have been effective without resulting in a high turnover so I'd suggest using a  moving stop loss 10% below the recent high as an exit point.

The 5 Hottest Large Caps

Today I wanted to find the 5 hottest Large Cap stocks so I used Barchart to sort the S&P 500 Large Cap Index stocks to find the ones that had the most up days in the last month.

My list includes Davita Healthcare Partners (DVA), Perrigo (PRGO), Time Warner Cable (TWC), Amerisourcebergen (ABC) and Urban Outfitters (URBN):

Davita Healthcare  Partners (DVA)

Barchart technical indicators:

• 33% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 11.24% in the last month
• Relative Strength Index 74.04%
• Barchart computes a technical support level at 80.42
• Recently traded at 81.00 with a 50 day moving average of 75.76

Perrigo (PRGO)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 12.73% in the last month
• Relative Strength Index 71.73%
• Barchart computes a technical support level at 165.88
• Recently traded at 170.65 with a 50 day moving average of 157.71

Time Warner Cable (TWC)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 5.61% in the last month
• Relative Strength index 55.70%
• Barchart computes a technical support level a t 153.53
• Recently traded at 155.64 with a 50 day moving average of 148.52

Amerisourcebergen (ABC)

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 8.94% in the last month
• Relative Strength Index of  80.17%
• Barchart computes a technical support level at 105.87
• Recently traded at 109.87 with a 50 day moving average of 98.33

Urban Outfitters (URBN)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 17.17% in the last month
• Relative Strength Index 84.03%
• Barchart computes a technical support level at 43.59
• Recently traded at 44.70 with  50 day moving average of 37.55

BARCHART MORNING CALL 3/17

BARCHART MORNING CALL

Tuesday, March 17th, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.33%) this morning are down -0.31% as the Fed begins a 2-day policy meeting to debate the timing of its first interest rate increase since 2006. European stocks are down -0.60% after a measure of German investor confidence rose less than expected. Losses in European stocks were contained as automakers rallied after Eurozone Feb auto sales rose by the most in 11 months. Asian stocks closed mostly higher: Japan +0.99%, Hong Kong -0.20%, China +1.39%, Taiwan +0.28%, Australia +0.77%, Singapore -0.18%, South Korea +2.27%, India +1.05%. Japan's Nikkei Stock Index climbed to a 14-3/4 year high after the BOJ maintained record stimulus following a 2-day policy meeting and China's Shanghai Stock Index rose to a 6-3/4 year high on speculation the government will boost stimulus to revive the economy. Commodity prices are mostly lower. Apr crude oil (CLJ15 -2.28%) is down -1.71%. Apr gasoline (RBJ15 -1.40%) is down -1.00%. Apr gold (GCJ15 -0.05%) is down -0.01%. May copper (HGK15 -1.80%) is down -1.87%. Agriculture prices are mostly lower. The dollar index (DXY00 -0.09%) is down -0.19%. EUR/USD (^EURUSD) is up +0.42%. USD/JPY (^USDJPY) is down -0.07%. Jun T-note prices (ZNM15 +0.34%) are up +11.5 ticks on reduced inflation expectations after the 10-year T-note break-even rate, a gauge of inflation expectations for the next decade, fell to a 6-week low.
The German Mar ZEW survey expectations of economic growth rose +1.8 to 54.8, weaker than expectations of +6.4 to 59.4 but still the highest in 13 months. The Mar ZEW survey current situation rose +9.6 to 55.1, stronger than expectations of +6.5 to 52.0 and the highest in 8 months.
Eurozone Feb new car registrations rose +7.3% y/y to 924,000, the largest increase in 11 months.
Eurozone Feb CPI was left unrevised at -0.3% y/y, but Feb core CPI was revised upward to +0.7% y/y from the previously reported +0.6% y/y.
Eurozone Q4 employment rose +0.1% q/q and +0.9% y/y, with the +0.9% y/y gain the largest year-over-year increase since Q2 2008.

U.S. STOCK PREVIEW

Today’s Feb housing starts report is expected to show a decline of -2.4% to 1.040 million, adding to January’s -2.0% decline. The FOMC today will begin its 2-day meeting. There are 5 of the Russell 1000 companies that report earnings today with notable reports including: Oracle (consensus $0.68), Adobe (0.39), FactSet (1.36), DSW (0.28).
Equity conferences during the remainder of this week include: Consumer Analyst Group of Europe Conference on Mon-Wed, Barclays Investor Conference on Tue, Cowen and Company Permian Basin Oilfield Tour on Tue, Goldman Sachs Innovation Symposium on Tue, Bank of America Merrill Lynch Global Industrials & EU Autos Conference on Tue-Thu, Barclays Atlanta Utilities Conference on Wed, Wells Fargo Asset Managers, Brokers & Exchanges Conference on Wed, ISI Retail Summit on Wed, Barclays Power and Utilities CFO Corporate Day on Wed, Alzheimer's and Parkinson's Diseases and Related Neurological Disorders (AD/PD) on Fri.

OVERNIGHT U.S. STOCK MOVERS

Burlington Stores (BURL -2.07%) reported Q4 adjusted EPS of $1.43, better than consensus $1.32, but then lowered guidance on fiscal 2015 adjusted EPS to $2.15-$2.25, below consensus of $2.26.
PG&E (PCG +3.38%) was downgraded to 'Equal Weight' from 'Overweight' at Morgan Stanley.
Alibaba (BABA +2.61%) was upgraded to 'Buy' from 'Hold' at Stifel.
DSW (DSW -0.86%) reported Q4 adjusted EPS of 35 cents, higher than consensus of 28 cents.
ABM Industries (ABM +1.58%) was upgraded to 'Outperform' from 'Neutral' at RW Baird.
Credit Suisse (CS -0.08%) was downgraded to 'Underperform' from 'Neutral' at Macquarie.
Providence Service (PRSC -3.64%) reported Q4 EPS of 45 cents, well above consensus of 29 cents.
Ryerson (RYI -1.22%) reported Q4 EPS of 15 cents, below consensus of 20 cents.
American Airlines (AAL +2.03%) jumped 4% in after-hours trading after it was announced that it will replace Allergan (AGN +1.21%) in the S&P 500 as of the close of trading on March 20.
Luminus reported a 5.8% passive stake in Dynegy (DYN +1.34%) .
Amber Capital reported a 5.7% passive stake in Gran Tierra (GTE -4.17%) .
Heineken (HEINY +1.99%) was downgraded to 'Neutral' from 'Buy' at Goldman Sachs.
Twitter (TWTR -0.49%) was initiated with a 'Buy' at Brean Capital with a price target of $61.
Facebook (FB +0.03%) was initiated with a 'Buy' at Brean Capital with a price target of $96.
LinkedIn (LNKD +0.41%) was initiated with a 'Sell' at Brean Capital with a price target of $208.
CHC Group (HELI -12.12%) reported a Q3 adjusted EPS loss of -50 cents, a much bigger loss than consensus of -28 cents.
Valeant (VRX +2.49%) filed to sell $1.45 billion in common stock.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.33%) this morning are down -6.50 points (-0.31%). The S&P 500 index on Monday closed sharply higher: S&P 500 +1.35%, Dow Jones +1.29%, Nasdaq +1.29%. Bullish factors included (1) carry-over support from a rally in China’s Shanghai stock index to a 5-1/2 year high after Premier Li Keqiang was quoted by the state-run Xinhua news agency as saying that policymakers have “fairly ample room” and a “host of policy instruments” to boost economic growth if it slows more than expected, (2) strength in healthcare stocks on increased M&A activity after Valeant Pharmaceuticals purchased Salix Pharmaceuticals for $11.1 billion, and (3) reduced interest rate hike concerns after Monday’s weak U.S. economic data.
Jun 10-year T-notes (ZNM15 +0.34%) this morning are up +11.5 ticks. Jun 10-year T-note futures prices on Monday closed higher. Closes: TYM5 +3.50, FVM5 +2.50. Bullish factors included (1) weaker-than-expected U.S. economic data on Feb industrial production and Mar Empire manufacturing activity, which may nudge the Fed to delay interest rate increases, and (2) reduced inflation expectations after the 10-year T-note breakeven inflation rate fell to a 1-month low.
The dollar index (DXY00 -0.09%) this morning is down -0.193 (-0.19%). EUR/USD (^EURUSD) is up +0.0044 (+0.42%). USD/JPY (^USDJPY) is down -0.09 (-0.07%). The dollar index on Monday closed lower: Dollar index -0.726 (-0.72%), EUR/USD +0.0074 (+0.71%), USD/JPY -0.016 (-0.01%). Negative factors included (1) the unexpected declines in the Mar Empire manufacturing index and the Mar NAHB housing market index, which prompted long liquidation in the dollar and (2) the smaller-than-expected increase in U.S. Feb industrial production, which may prompt the Fed to delay an interest rate hike.
Apr WTI crude oil (CLJ15 -2.28%) this morning is down -75 cents (-1.71%) and Apr gasoline (RBJ15 -1.40%) is down -0.0172 (-1.00%). Apr crude oil and gasoline prices on Monday closed lower with Apr crude at a 6-year low and Apr gasoline at a 1-1/4 month low: CLJ5 -0.96 (-2.14), RBJ5 -0.0343 (-1.95%). Bearish factors included (1) negative carry-over from Friday’s IEA report saying that the record oil surplus in the U.S. may soon strain the nation’s storage capacity and further pressure oil prices, and (2) weaker-than-expected U.S. economic data on the Mar Empire manufacturing index and Feb industrial production, which signals reduced energy consumption and demand.

GLOBAL EVENT CALENDAR03/17/2015

US	0830 ET	Feb housing starts expected -2.4% to 1.040 million, Jan -2.0% m/m to 1.065 million. Feb building permits expected +0.5% to 1.065 million, Jan -0.7% m/m to 1.053 million.
	1030 ET	FOMC begins 2-day policy meeting.
JPN	0100 ET	Revised Japan Jan leading index CI, previous -0.2 to 105.1. Revised Jan coincident index, previous +2.4 to 113.0.
	1950 ET	Japan Feb trade balance expected -986.6 billion yen, Jan -1.179 trillion yen. Feb exports expected +0.3% y/y, Jan +17.0% y/y. Feb imports expected +3.2% y/y, Jan -9.0% y/y.
	n/a	BOJ announces interest rate decision following 2-day policy meeting.
EUR	0300 ET	Eurozone Feb new car registrations, Jan +5.7% y/y.
	0600 ET	Eurozone Q4 employment, Q3 +0.4% q/q and +0.6% y/y.
	0600 ET	Revised Eurozone Feb CPI, previous -0.3% y/y and Feb core CPI +0.6% y/y
GER	0600 ET	German Mar ZEW survey expectations of economic growth expected +6.3 to 59.3, Feb 53.0. Mar ZEW survey current situation expected +6.5 to 52.0, Feb 45.5.
CHI	2130 ET	China Feb property prices.

U.S. STOCK CALENDAR03/17/2015

Company	Ticker	Time	Event Description	Period	Estimate
Zebra Technologies Corp	ZBRA US	Bef-mkt	Q4 2014 Earnings Release	Q4 2014	1.148
FactSet Research Systems Inc	FDS US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	1.359
DSW Inc	DSW US	7:00	Q4 2015 Earnings Release	Q4 2015	0.276
Zebra Technologies Corp	ZBRA US	7:30	Q4 2014 Earnings Call	Q4 2014
Vectrus Inc	VEC US	8:00	Q4 2014 Earnings Call	Q4 2014
DSW Inc	DSW US	8:30	Q4 2015 Earnings Call	Q4 2015
FactSet Research Systems Inc	FDS US	11:00	Q2 2015 Earnings Call	Q2 2015
Toro Co/The	TTC US	14:30	Annual General Meeting	Y 2015
NVIDIA Corp	NVDA US	15:00	Investor Day	Y 2015
Dow Chemical Co/The	DOW US	17:00	ITC Announce's Decision on Organik vs. Dow Chemical Trade Secret Case
Adobe Systems Inc	ADBE US	17:00	Q1 2015 Earnings Call	Q1 2015
Oracle Corp	ORCL US	17:00	Q3 2015 Earnings Call	Q3 2015
Adobe Systems Inc	ADBE US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.385
Oracle Corp	ORCL US	Aft-mkt	Q3 2015 Earnings Release	Q3 2015	0.683
JPMorgan Chase & Co	JPM US		Board Meeting - Authorization of Equity Repurchase Program
Vertex Pharmaceuticals Inc	VRTX US		PDUFA, Kalydeco, cystic fibrosis (CF) patients 2-5 years of age
Charter Communications Inc	CHTR US		Extraordinary Shareholders Meeting - M&A Vote	Y 2015
ADT Corp/The	ADT US		Annual General Meeting	Y 2015