Chruchill Downs - Barchar's Chart of the Day

Churchill Downs (CHDN) is the Barchart Chart of the Day.  The gaming company has a Trend Spotter buy signal, a Weighted Alpha of 38.37+, gained 27.51% in the last year and paid a .97% dividend.

The Chart of the Day belongs to Churchill Downs (CHDN).  I found the stock by sorting the All Time High list for the stocks with the highest technical buy signal, then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 1/16 the stock gained 19.60%.

Churchill Downs Inc. is a racing company that primarily conducts pari-mutuel wagering on live Thoroughbred, Standardbred and Quarter Horse horse racing and simulcast signals of races. Additionally, the company offers racing services through our other business interests.

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
• 11 new highs and up 4.94% in the last month
• Relative Strength Index 76.64%
• Barchart computes a technical support level at 114.42
• Recently traded at 116.57 with a 50 day moving average of 105.58

Fundamental factors:

• Market Cap $2.02 billion
• P/E 29.86
• Dividend yield .97%
• Revenue expected to grow 40.80% this year and another 11.20% next year
• Earnings estimated to increase 17.70% this year, an additional 60.00% next year and continue to increase at an annual rate of 12.00% for the next 5 years
• Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

None of the normal technical trading strategies have worked well on this stock without  creating excessive trading.  I'd advise you place a moving stop loss 10% below the recent high as an exit point

BARCHART MORNING CALL 4/2

BARCHART MORNING CALL

Thursday, April 2nd, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.26%) this morning are down -0.32% ahead of an expected increase in U.S. weekly initial unemployment claims and an expected decline in Feb factory orders. European stocks are down -0.07% as a 2.4% fall in Daimler AG led a slide in European automakers. Deutsche Lufthansa AG fell nearly 3% after Barclays Plc cut its recommendation on the stock to 'Equal Weight' from 'Overweight.' The yield on the 10-year Greek bond climbed to a 1-1/2 week high of 11.905% after the ECB yesterday raised the cap on Emergency Liquidity Assistance provided to the Bank of Greece by 700 million euros, smaller than the 1 billion euros the ECB Governing Council granted last week. Greece is facing a funding crisis as its government continues to negotiate for additional EU aid. Asian stocks settled higher: Japan +1.46%, Hong Kong +0.77%, China +0.02%, Taiwan +0.97%, Australia +0.65%, Singapore +0.20%, South Korea +0.01%, India closed for holiday. Commodity prices are mostly lower. May crude oil (CLK15 -2.83%) is down -1.94% as Iran and world powers extended talks for an 8th day aimed at reaching a nuclear accord with Iran. The U.S. State Department said late Wednesday that Secretary of State Kerry had seen enough progress in the talks to warrant the continuation of negotiations. May gasoline (RBK15 -2.54%) is down -1.61%. Jun gold (GCM15 -0.34%) is down -0.31%. May copper (HGK15 -0.91%) is down -0.91%. Agriculture prices are mixed. The dollar index (DXY00 -0.35%) is down -0.29%. EUR/USD (^EURUSD) is up +0.58%. USD/JPY (^USDJPY) is down -0.13%. Jun T-note prices (ZNM15 +0.19%) are up +7.5 ticks at a 1-3/4 month high.
The recent surge in the Shanghai Stock Index to a 7-year high has been aided by margin buying. Chinese investors have been piling into the market after the PBOC cut interest rates twice since November. Traders have opened 2.8 million new accounts in the past 2 weeks and data shows the outstanding balance of margin debt on the Shanghai Stock Exchange rose above 1 trillion yuan ($161 billion) for the first time on Apr 1, a nearly fourfold jump from 1 year ago.
The UK Mar Markit/CIPS construction PMI fell -2.3 to 57.8, weaker than expectations of -0.3 to 59.8.

U.S. STOCK PREVIEW

Key news today includes (1) weekly initial unemployment claims (expected +5,000 to 287,000) and continuing claims (expected -11,000 to 2.405 million), (2) the Feb U.S. trade deficit (expected a bit narrower at -$41.2 billion vs -$41.8 billion in Jan), (3) Mar Challenger job cuts (Feb was +20.9% y/y), (4) the March New York ISM index (expected -1.1 to 62.0 after Feb's +18.6 to 63.1), (5) Feb factory orders (expected -0.4% after Jan's -0.2%), and (6) the Treasury's announcement of next week's package of 3-year, 10-year and 30-year auctions.
There is one of the Russell 1000 companies that reports earnings today: CarMax (consensus $0.60).
U.S. IPO's that start trading today include: Axalta Coatings (AXTA).
Equity conferences during the remainder of this week include: Goldman Sachs Biosimilars Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Stryker (SYK -1.16%) was downgraded to 'Underweight' from 'Equal Weight' at Barclays.
Garmin (GRMN -0.95%) was downgraded to 'Neutral' from 'Buy' at Goldman Sachs.
Dick's Sporting (DKS -0.37%) was upgraded to 'Positive' from 'Neutral' at Susquehanna.
Credit Suisse maintained its 'Outperform' rating on Vail Resorts (MTN -0.96%) and raised their price target on the stock to $115 from $105.
CarMax (KMX -0.90%) reported Q4 EPS of 67 cents, higher than consensus of 60 cents.
WWE (WWE -2.93%) announced that WrestleMania 31 broke records for viewership, attendance, social and digital media engagement and merchandise sales.
Transocean (RIG +0.34%) said it sees a Q1 charge of $90 million-$110 million from disposal of the GSF Aleutian Key and Sedco 707 oil rigs.
Air Lease (AL +0.66%) was initiated with an 'Outperform' at Macquarie with a price target of $48.
Micron (MU unch) jumped over 4% in after-hours trading after it reported Q2 adjusted EPS of 81 cents, better than consensus of 73 cents. Micron they shed its gains and fell 1% after it lowered guidance on Q3 revenue to $3.85 billion-$4.05 billion, below consensus of $4.29 billion.
Macerich (MAC -6.64%) was upgraded to 'Neutral' from 'Underperform' at Credit Suisse.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.26%) this morning are down -6.50 points (-0.32%). Wednesday's closes: S&P 500 -0.40%, Dow Jones -0.44%, Nasdaq -0.52%. The stock market closed lower on Wednesday mainly because of weak U.S. economic reports with ADP employment rising by only +189,000 (vs expectations of +225,000) and with the March U.S. ISM manufacturing index falling by -1.4 points to a 1-3/4 year low of 51.5.
Jun 10-year T-notes (ZNM15 +0.19%) this morning are up +7.5 ticks at a 1-3/4 month high. Wednesday's closes: TYM5 +15.00, FVM5 +7.00. June 10-year T-notes on Wednesday rallied to a new 1-3/4 month high on the weaker-than-expected ADP and ISM reports, which sparked expectations for a delayed Fed rate hike and tame inflation. T-notes also received a carry-over boost from German bunds as the 10-year German bund yield fell to a new record low of 0.151%.
The dollar index (DXY00 -0.35%) this morning is down -0.284 (-0.29%). EUR/USD (^EURUSD) is up +0.0062 (+0.58%). USD/JPY(^USDJPY) is down -0.15 (-0.13%). Wednesday's closes: Dollar index -0.172 (-0.17%), EUR/USD +0.00319 (+0.30%), USD/JPY -0.373 (-0.31%). The dollar index closed mildly lower on Wednesday due to the weaker-than-expected U.S. ADP and ISM reports, which suggested that the Fed may delay a rate hike. Meanwhile, EUR/USD received a boost from news that the Mar Eurozone Mar Markit manufacturing PMI was revised higher to a 10-month high.
May WTI crude oil (CLK15 -2.83%) this morning is down -97 cents (-1.94%) and May gasoline (RBK15 -2.54%) is down -0.0295 (-1.61%). Wednesday's closes: CLK5 +2.49 (+5.23), RBK5 +0.0530 (+2.99%). May crude oil and gasoline prices on Wednesday rallied sharply due to the lower close in the dollar and the EIA report showing a -0.4% decline in U.S. oil production, the first decline in 8 weeks. Gasoline received a boost from the EIA report showing that gasoline inventories fell by -4.26 million bbl to a 3-month low of 229.1 million bbl. Crude oil prices were held back by the EIA report showing that U.S. crude oil inventories rose +4.77 million bbl to a new record high and that Cushing crude oil inventories rose by +2.63 million bbl to a record high 58.9 million bbl.

GLOBAL EVENT CALENDAR04/02/2015

US	0730 ET	Mar Challenger job cuts, Feb +20.9% y/y.
	0830 ET	Weekly initial unemployment claims expected +5,000 to 287,000, previous -9,000 to 282,000. Weekly continuing claims expected -11,000 to 2.405 million, previous -6,000 to 2.416 million.
	0830 ET	Feb trade balance expected -$41.2 billion, Jan -$41.8 billion.
	0830 ET	USDA weekly Export Sales.
	0945 ET	Mar New York ISM expected -1.1 to 62.0, Feb +18.6 to 63.1.
	1000 ET	Feb factory orders expected -0.4%, Jan -0.2%.
	1100 ET	Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $21 billion), and 30-year T-bonds (previous $13 billion) to be auctioned Apr 7-9.
UK	0430 ET	UK Mar Markit/CIPS construction PMI expected -0.3 to 59.8, Feb 60.1.
EUR	0730 ET	ECB publishes an account of the Mar 4-5 monetary policy meeting.

U.S. STOCK CALENDAR04/02/2015

Company	Ticker	Time	Event Description	Period	Estimate
CarMax Inc	KMX US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.599
Plum Creek Timber Co Inc	PCL US	8:00	Analyst Meeting	Y 2015
CarMax Inc	KMX US	9:00	Q4 2015 Earnings Call	Q4 2015
Starwood Property Trust Inc	STWD US	9:00	Investor Day	Y 2015
Synopsys Inc	SNPS US	11:00	Annual General Meeting	Y 2015
Sabre Corp	SABR US	12:00	Investor Day	Y 2015
Applied Materials Inc	AMAT US	14:00	Annual General Meeting	Y 2015
PNC Financial Services Group Inc/The	PNC US		Board Meeting
Rite Aid Corp	RAD US		March 2015 Sales and Revenue Release	2015
AutoNation Inc	AN US		March 2015 Sales and Revenue Release	2015
Delta Air Lines Inc	DAL US		March 2015 Sales and Revenue Release - Traffic Results	2015

China Biologic Products - Barchart's Chart of the day

China Biologic Products (CBPO) is the Barchart Chart of the Day.  The biopharmaceutical products company has a Trend Spotter buy signal, a Weighted Alpha of 181.60+ and gained 166.22% in the last year.

The Chart of the Day belongs to China Biologic Products (CBPO).  I found the stock by sorting the All Time High list for the stocks having the highest technical buy signals, then used the Flipcahrt feature to review the stocks.  Since the Trend Spotter signaled a buy on 1/7 the stock gained 40.16%.

China Biologic Products, Inc., through its indirect majority-owned subsidiary, is principally engaged in the research, development, production, manufacturing and sale of plasma-based biopharmaceutical products to hospitals and other health care facilities in China. Its subsidiary, Shandong Taibang Biological Products Co. Ltd., operates from its manufacturing facility located in Taian City, Shandong Province. The Company's principal products include its approved human albumin and immunoglobulin products. These human albumin products are mainly used to increase blood volume and its immunoglobulin products are used for the treatment and prevention of diseases.

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 25.70% in the last month
• Relative Strength Index 79.87%
• Barchart computes a technical support level at 90.53
• Recently traded at 96.83 with a 50 day moving average of 77.13

Fundamental factors:

• Market Cap $2.37 billion
• P/E 30.53
• Revenue expected to grow 19.00% this year and another 15.60% next year
• Earnings estimated to increase 23.60% this year, an additional 21.50% next year and continue to compound at an annual rate of 16.00% for the next 5 years
• Wall Street analysts issued 2 strong buy and 2 by recommendations for the stock

The 50-100 Day MACD Oscillator has been a reliable technical trading strategy and should be continue to be used to determine entry and exit points.

Curis -Sell signals

I recently deleted Cirus (CRIS) from the Barchart Van Meerten Speculative portfolio for negative price momentum:

Barchart technical indicators:

• 16% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 13.43% off its recent high
• Relative Strength Index 35.11%
• Recently traded at 2.40 which is below its 50 day moving average of 2.64

Advanced Semiconductor Engineering - sell signals

Recently I deleted Advanced Semiconductor Engineering (ASX) for the Barchart Van Meerten Speculative portfolio for weak price momentum:

Barchart technical indicators:

• 8% Barchart technical buy signal - weakening
• Trend Spotter hold signal
• Below its 20 day moving average
• 11.33% off its recent high
• Relative Strength Index 45.68%
• Recently traded at 7.20 which is below its 20 day moving average of 7.45

BARCHART MORNING CALL 4/1

BARCHART MORNING CALL

Wednesday, April 1st, 2015View Older Reports

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

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.40%) this morning are down -0.08% ahead of today's Mar ADP employment change, while European stocks are up +1,25% at a 6-3/4 year high after Eurozone Mar manufacturing activity was revised higher to its fastest pace in 10 months. Global stocks also received support from an unexpected increase in the China Mar manufacturing PMI that climbed above the expand/contract 50.0 level. Asian stocks settled mixed: Japan -0,90%, Hong Kong +0.73%, China +1.79%, Taiwan -0.82%, Australia -0.52%, Singapore unch, South Korea -0.90%, India +1.08%. Japanese stocks fell after the Q1 Tankan large manufacturing business conditions came in weaker than expected, while Chinese stocks gained after the China Mar manufacturing activity unexpectedly expanded. Commodity prices are mixed. May crude oil (CLK15 -0.42%) is down -0.55% after the foreign ministers of Russia and Iran said consensus on major points of a nuclear accord were reached and a statement may be drafted today. May gasoline (RBK15 +0.46%) is up +0.40%. Jun gold (GCM15 +0.08%) is up +0.05%. May copper (HGK15 -0.49%) is up +0.35%. Agriculture prices are higher. The dollar index (DXY00 +0.06%) is down -0.07%. EUR/USD (^EURUSD) is up +0.24%. USD/JPY (^USDJPY) is down -0.02%. Jun T-note prices (ZNM15 +0.10%) are up +2 ticks.
The China Mar manufacturing PMI unexpectedly expanded +0.2 to 50.1, stronger than expectations of -0.2 to 49.7. The Mar non-manufacturing PMI fell -0.2 to 53.7 and matched Jan as the slowest pace of expansion in 14 months.
The Eurozone Mar Markit manufacturing PMI was revised upward by +0.3 to 52.2 from the previously reported 51.9, the fastest pace of expansion in 10 months.
The German Mar Markit/BME manufacturing PMI was revised upward by +0.4 to 52.8 from the previously reported 52.4, the fastest pace of expansion in 11 months.
UK Mar Markit manufacturing PMI rose +0.4 to 54.4, right on expectations and the fastest pace of expansion in 8 months.
The ECB Governing Council will consider extending the Emergency Liquidity Assistance, the funds that are keeping Greece afloat, after net withdrawals on Greek banks in March were 3 billion euros, according to two people familiar with the matter. This brings total outflows from Greek banks since October to 28 billion euros. Dependence on the emergency cash has surged since Feb when the ECB stopped allowing Greek government bonds to be used as collateral for its regular funding operations and deposits in Greek banks fell to their lowest in more than 10 years.
The Japan Q1 Tankan large manufacturing business conditions remained unchanged at 12 from Q4, weaker than expectations of +2 to 14.
The Japan Mar Markit/JMMA manufacturing PMI was revised down -0.1 to 50.3 from the originally reported 50.4, the slowest pace of expansion in 10 months.
Japan Mar vehicle sales fell -13.1% y/y, a smaller decline than the -14.2% y/y drop in Feb, but still the eighth consecutive month that vehicle sales have declined.

U.S. STOCK PREVIEW

Key news today includes (1) today's weekly MBA mortgage applications report, (2) today's Mar ADP employment change (expected +225,000 after Feb's +212,000), (3) the final-Mar Markit U.S. manufacturing PMI (expected unrevised at 55.3 after the prelim-March report showed a +0.2 point increase to 55.3), (4) today's Feb construction spending report (expected -0.1% m/m), (5) today's March ISM manufacturing index (expected -0.4 to 52.5, adding to Feb's decline of -0.6 to 52.9), (6) today's March total vehicle sales report (expected much higher at 16.90 million versus Feb's 16.16 million), and (7) today's comments by San Francisco Fed President John Williams and Atlanta Fed President Dennis Lockhart.
There are three of the Russell 1000 companies that report earnings today: Monsanto (consensus $2.93), Acuity Brands (1.05), and Micron Technology (0.73).
U.S. IPO's that are scheduled price today include: Axalta Coating Systems (AXTA), and Kornit Digital (KRNT). U.S. IPO's that start trading today include: GoDaddy (GDDY), CyrusOne (CONE), Coherus Biosciences (CHRS),
Equity conferences during the remainder of this week include: Bank of America Merrill Lynch New York Auto Summit on Wed, DUG Bakken and Niobrara Unconventional Oil Conference on Wed, Mitsubishi UFJ Financial Utilities Conference on Wed, New York Interational Auto Show-Press Days on Wed, and Goldman Sachs Biosimilars Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

American Airlines (AAL -1.60%) , Delta Air Lines (DAL -1.32%) and United Continental (UAL -1.38%) were all downgraded to 'Hold' from 'Buy' at Deutsche Bank.
Hewlett-Packard (HPQ -1.30%) was upgraded to 'Buy' from 'Hold' at Jefferies.
Pier 1 Imports (PIR +0.65%) was downgraded to 'Underweight' from 'Equal Weight' at Morgan Stanley.
Esperion (ESPR +0.61%) was initiated with a 'Buy' at UBS with a price target of $140.
Willbros Group (WG -3.22%) reported a Q4 EPS loss of -72 cents with items, weaker than consensus of a profit of 6 cents, and then lowered guidance on fiscal 2015 revenue to $1.40 billion to $1.60 billion, below consensus of $1.83 billion.
Burlington Stores (BURL +0.13%) filed to sell 12.49 million shares of common stock for holders.
Dyax (DYAX -1.76%) surged over 40% in after-hours trading after it announced positive results from its Phase 1b clinical trial of DX-2930 being developed for the prevention of hereditary angioedema.
Allstate (ALL +0.31%) was initiated with an 'Outperform' at Credit Suisse with a price target of $84.
Aon plc (AON -2.02%) was initiated with an 'Underperform' at Credit Suisse with a price target of $95.
UTi Worldwide (UTIW -1.91%) reported a Q4 EPS loss of -$1.02, much weaker than consensus of -8 cents.
SYNNEX (SNX -1.10%) reported Q1 EPS of $1.46, below consensus of $1.52, and then lowered guidance on Q2 EPS to $1.50-$1.56, weaker than consensus of $1.59.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.40%) this morning are down -1.75 points (-0.08%). Tuesday's closes: S&P 500 -0.88%, Dow Jones -1.11%, Nasdaq -1.12%. The U.S. stock market on Tuesday closed lower on the weaker-than-expected Mar Chicago PMI report of +0.5 to 46.3 (vs expectations of +6.2 to 52.0). In addition, commodity producers dragged down the overall U.S. stock indexes due to strength in the dollar index. Stocks received some support on Tuesady from the stronger-than-expected U.S. March U.S. consumer confidence report from the Conference Board of +2.5 to 101.3.
Jun 10-year T-notes (ZNM15 +0.10%) this morning are up +2 ticks. Tuesday's closes: TYM5 +10.00, FVM5 +6.50. T-note prices on Tuesday rallied due to the rally in German Bunds to a 1-week high on Eurozone deflation concerns with the Eurozone March core CPI dropping to match the record low of +0.6% y/y. T-notes also received a boost from the weaker-than-expected Chicago PMI report but were undercut by the stronger-than-expected U.S. consumer confidence index.
The dollar index (DXY00 +0.06%) this morning is down -0.069 (-0.07%). EUR/USD (^EURUSD) is up +0.0026 (+0.24%). USD/JPY (^USDJPY) is down -0.03 (-0.02%). Tuesday's closes: Dollar index +0.382 (+0.39%), EUR/USD -0.01019 (-0.94%), USD/JPY +0.059 (+0.05%). The dollar index on Tuesday rallied to a new 1-week high on dollar-support tied to the stronger-than-expected U.S. Mar consumer confidence index report of +2.5 to 101.3. In addition, EUR saw weakness on European deflation concerns as the Eurozone Mar core CPI fell to match a record low of +0.6% y/y.
May WTI crude oil (CLK15 -0.42%) this morning is down -26 cents (-0.55%) and May gasoline (RBK15 +0.46%) is up +0.0071 (+0.40%). Tuesday's closes: CLK5 -1.08 (-2.22), RBK5 -0.0227 (-1.26%). Crude oil and gasoline prices on Tuesday closed lower due to strength in the dollar index combined with expectations for another big 4.5 million bbl increase in U.S. crude oil inventories in Wednesday's EIA report. Crude oil prices also saw some weakness on the possibility of an Iranian nuclear deal, which could eventually lead to reduced sanctions on Iran and increased Iranian oil exports.

GLOBAL EVENT CALENDAR04/01/2015

US	0700 ET	Weekly MBA mortgage applications, previous +9.5% with purchase sub-index +4.9% and refi sub-index +12.3%.
	0815 ET	Mar ADP employment change expected +225,000, Feb +212,000.
	0900 ET	San Francisco Fed President John Williams moderates a panel at the Atlanta Feds financial markets conference on Financial Stability: How Essential Should Financial Stability be to Central Banks?
	0945 ET	Final-Mar Markit manufacturing PMI expected unrevised at 55.3, prelim-March +0.2 to 55.3.
	1000 ET	Feb construction spending expected -0.1% m/m, Jan -1.1% m/m.
	1000 ET	Mar ISM manufacturing index expected -0.4 to 52.5, Feb -0.6 to 52.9. Mar ISM new orders, Feb -0.4 to 52.5. Mar ISM employment, Feb -2.7 to 51.4. Mar ISM prices paid expected +3.0 to 38.0, Feb unch at 35.0.
	1030 ET	Atlanta Fed President Dennis Lockhart chairs a panel at the Atlanta Feds financial markets conference on Monetary Policy: Will the Traditional Banking Channel Remain Central to Monetary Policy?
	1030 ET	EIA Weekly Petroleum Status Report.
	n/a	Mar total vehicle sales expected 16.90 million, Feb 16.16 million. Mar domestic vehicle sales expected 13.50 million, Feb 12.87 million.
JPN	0100 ET	Japan Mar vehicle sales, Feb -14.2% y/y.
GER	0355 ET	Revised German Mar Markit/BME manufacturing PMI, previous +1.3 to 52.4.
EUR	0400 ET	Revised Eurozone Mar Markit manufacturing PMI, previous +0.9 to 51.9.
UK	0430 ET	UK Mar manufacturing PMI expected +0.3 to 54.4, Feb 54.1.

U.S. STOCK CALENDAR04/01/2015

Company	Ticker	Time	Event Description	Period	Estimate
Monsanto Co	MON US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	2.931
Acuity Brands Inc	AYI US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	1.054
Ford Motor Co	F US	9:15	March 2015 Sales and Revenue Release	2015
Monsanto Co	MON US	9:30	Q2 2015 Earnings Call	Q2 2015
Ford Motor Co	F US	10:00	March 2015 Sales and Revenue Call	2015
Wal-Mart Stores Inc	WMT US	10:00	Business Update Call
Acuity Brands Inc	AYI US	10:00	Q2 2015 Earnings Call	Q2 2015
Micron Technology Inc	MU US	16:30	Q2 2015 Earnings Call	Q2 2015
Micron Technology Inc	MU US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.733
Alliant Energy Corp	LNT US		Investors Meeting - Day 2	Y 2015

Autoliv - Barchart's Chart of the Day

Autoliv (ALV) is the Barchart Chart of the Day.  The auto parts manufacturer has a Trend Spotter buy signal, a Weighted Alpha of 22.30+, gained 19.27% in the last year and paid a 1.92% dividend.

The Chart of the Day belongs to Autoliv (ALV).  I found the stock by sorting the All Time High list for the highest technical buy signals then used the Flipchart feature to review the charts.  The Trend Spotter signaled a new buy juts yesterday - 3/30.

Autoliv Inc. is a worldwide leader in automotive safety, a pioneer in both seatbelts and airbags, and a technology leader with the widest product offering for automotive safety. All the leading automobile manufacturers in the world are their customers.

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 signals
• Above is 20, 50 and 100 day moving averages
• 6 new highs and up 4.75% in the last month
• Relative Strength Index 65.03%
• Barchart computes a technical support level at 115.93
• Recently traded at 117.84 with a 50 day moving average of 111.56

Fundamental factors:

• Market Cap $10.66 billion
• P/E 18.89
• Dividend yield 1.92%
• Revenue expected to grow by .60% this year and another 7.50% next year
• Earnings estimated to increase 9.90% this year, an additional 15.80% next year and continue to compound at an annual rate of 9.5% for the next 5 years
• Wall Street analysts issued 1 strong buy, 4 buy, 9 hold, 4 under perform and 2 sell recommendations on the stock

The 50-100 Day MACD Oscillator has been a reliable technical trading strategy on this stock and should continue to be used for entry and exit points.

Good Times Restaurants - Sell Signals

Recently I deleted Good Time Restaurants (GTIM) from the Barchart Van Meerten Speculative portfolio for negative price momentum:

Barchart technical indicators:

• 32% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 18.10% off its recent high
• Relative Strength Index 30.32%
• Recently traded at 7.15 which is below its 50 day moving average of 7.74

Dice Holdings - Sell Signals

I recently deleted Dice Holdings (DHX) fro the Barchart Van Meerten Speculative portfolio for negative price momentum:

Barchart technical indicators:

• 40% Barchart technical sell signals
• Trend Spotter buy signal - buy signal at 9.34 but dropped now to 8.90
• Below its 20, 50 and 100 day moving averages
• 22.63% off its recent high
• Relative Strength Index 47.38
• Recently trading at 8.88 with a 50 day moving average of 8.90

Cypress Semiconductor - Sell Signals

I recently deleted Cypress Semiconductor (CY) from the Barchart Van Meerten New High portfolio for negative price momentum.

Barchart technical indicators:

• 32% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 13.66% off its recent high
• Relative Strength Index 37.31%

BARCHART MORNING CALL /

BARCHART MORNING CALL 

Tuesday, March 31st, 2015View Older Reports

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

E-mail:

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.53%) this morning are down -0.52% and European stocks are down -0.37% on giveback from Monday's sharp gains. Energy producers are lower as crude oil slides on speculation a nuclear deal may be reached with Iran, while European deflation concerns remain after Eurozone Mar core CPI rose at the slowest pace on record. On the positive side, the Eurozone Feb unemployment rate fell to a 2-3/4 year low and German Mar retail sales were stronger than expected. Asian stocks settled mixed: Japan -1.05%, Hong Kong +0.18%, China -0.90%, Taiwan +0.68%, Australia +0.78%, Singapore -0.21%, South Korea +0.46%, India -0.07%. Commodity prices are weaker. May crude oil (CLK15 -2.18%) is down -2.26% on speculation that Western nations are nearing a nuclear deal with Iran that could allow sanctions to be lifted and allow Iran to increase crude exports that would exacerbate a global supply glut. May gasoline (RBK15 -1.82%) is down -1.63% at a 1-week low. Apr gold (GCJ15 -0.10%) is down -0.10% at a 1-week low. May copper (HGK15 -1.28%) is down -1.49% at a 1-week low. Agriculture prices are mostly lower ahead of the USDA Quarterly Grain stocks and U.S. 2015 acreage estimates. The dollar index (DXY00 +0.44%) is up +0.51% at a 1-week high. EUR/USD (^EURUSD) is down -0.81% at a 1-week low. USD/JPY (^USDJPY) is down -0.17%. Jun T-note prices (ZNM15 +0.12%) are up +5 ticks.
The Eurozone Mar CPI estimate fell -0.1% y/y, right on expectations. The Mar core CPI rose +0.6% y/y, less than expectations of +0.7% y/y and matched January's gain as the slowest pace of increase since the data series began in 1997.
The Eurozone Feb unemployment rate fell -0.1 to 11.3% from an upward revised 11.4% in Jan, the lowest in 2-3/4 years.
The German Mar unemployment change fell -15,000 to 2.8 million, better than expectations of -12,000. The Mar unemployment rate unexpectedly fell -0.1 to 6.4%, better than expectations of no change at 6.5% and the lowest since data for a unified Germany began in 1991.
German Feb retail sales fell -0.5% m/m and rose +3.6% y/y, stronger than expectations of -0.7% m/m and +3.4% y/y.
UK Mar GfK consumer confidence rose +3 to 4, stronger than expectations of +1 to 2 and the highest in 12-3/4 years.
UK Mar Lloyds business barometer rose +8 to 53, the highest in 6 months.
UK Q4 GDP was revised upward to +0.6% q/q and +3.0% y/y from the originally reported +0.5% q/q and +2.7% y/y.
Japan Feb housing starts fell -3.1% annualized to 905,000, a smaller decline than expectations of -6.8% annualized to 877,000.
Japan Feb vehicle production fell -5.3% y/y, a smaller decline than the -9.7% y/y drop in Jan but still the eighth consecutive month production has declined.

U.S. STOCK PREVIEW

Key news today includes (1) today's deadline for a political agreement on the Iran nuclear talks, (2) today's Mar Milwaukee ISM index (expected +1.18 to 51.50 after Feb's -1.28 to 50.32), (3) today's Jan S&P/CaseShiller Composite-20 home price index (expected +0.7% m/m and +4.6% y/y after Dec's +0.87% m/m and +4.46% y/y), (4) today's Mar Chicago PMI (expected +6.0 to 51.8 after Feb's -13.6 to 45.8), (5) today's Mar U.S. consumer confidence index from the Conference Board (expected unchanged at 96.4 after Feb's -7.4 to 96.4), and (6) comments by four different Fed officials.
None of the Russell 1000 companies report earnings today.
U.S. IPO's that price today include: GoDaddy (GDDY), Infraredx (REDX), Wowo (WOWO), AutoGenomics (AGMX), Mylan (MYL), Media General (MEG), CyrusOne (CONE), Insmed (INSM). There are U.S. IPO's that start trading today.
Equity conferences during the remainder of this week include: Bank of America Merrill Lynch New York Auto Summit on Wed, DUG Bakken and Niobrara Unconventional Oil Conference on Wed, Mitsubishi UFJ Financial Utilities Conference on Wed, New York Interational Auto Show-Press Days on Wed, and Goldman Sachs Biosimilars Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Schlumberger (SLB +1.40%) was downgraded to 'Market Perform' from 'Outperform' at Wells Fargo.
Credit Suisse reiterates its 'Outperform' rating on UnitedHealth (UNH +2.53%) and raised its price target on the stock to $135 from $120.
Reliance Steel (RS +2.83%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse.
D.R. Horton (DHI +2.11%) was upgraded to 'Positive' from 'Neutral' at Susquehanna.
SAIC (SAIC +2.47%) reported Q4 EPS of 75 cents, better than consensus of 71 cents.
Priceline (PCLN +1.29%) was upgraded to 'Buy' from 'Hold' at Stifel.
Horizon Pharma (HZNP +18.20%) was upgraded to 'Overweight' from 'Neutral' at Piper Jaffray.
Sensient (SXT +1.37%) was initiated with a 'Buy' at BB&T with a price target of $81.
Tesla (TSLA +3.01%) rose over 1% in after-hours trading after Bloomberg reported that March China sales were up 130%-150% month-over-month.
Gabelli reported a 5.56% stake in Jason Industries (JASN +0.29%) .
Teck Resources (TCK +10.17%) slid nearly 5% in after-hours trading after it said it is not in talks with Antofagasta regarding a possible merger.
HCP (HCP +3.94%) was upgraded to 'Buy' from 'Neutral' at UBS.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.53%) this morning are down -10.75 points (-0.52%). Monday's closes: S&P 500 +1.22%, Dow Jones +1.49%, Nasdaq +1.15%. The S&P 500 index on Monday rallied sharply on support from a rally in Chinese stocks and hopes for another Chinese interest rate cut or other stimulus measures after China's central bank chief call for more measures to spur growth. Stocks also received a boost from the stronger-than-expected U.S. Feb pending home sales report (+3.1% m/m and +12.0% y/y) and M&A activity with acquisitions announced by UnitedHealth and Teva Pharma.
Jun 10-year T-notes (ZNM15 +0.12%) this morning are up +5 ticks. Monday's closes: TYM5 -3.00, FVM5 -0.75. T-note prices on Monday closed mildly lower due to the stronger-than-expected Feb core PCE deflator report of +1.4% y/y and the U.S. pending home sales report of +3.1% m/m. T-notes were also undercut by reduced safe-haven demand caused by the rally in stocks.
The dollar index (DXY00 +0.44%) this morning is up +0.496 (+0.51%) at a 1-wwek high. EUR/USD (^EURUSD) is down -0.0088 (-0.81%) at a 1-week low. USD/JPY (^USDJPY) is down -0.20 (-0.17%). Monday's closes: Dollar index +0.684 (+0.70%), EUR/USD -0.00547 (-0.50%), USD/JPY +0.966 (+0.81%). The dollar index rallied fairly sharply on Monday due to the stronger-than-expected U.S. pending home sales report, which indicates some signs of life in the housing market that could accelerate a Fed interest rate cut.
May WTI crude oil (CLK15 -2.18%) this morning is down -$1.10 a barrel (-2.26%) and May gasoline (RBK15 -1.82%) is down -0.0293 (-1.63%) at a 1-week low. Monday's closes: CLK5 -0.19 (-0.39), RBK5 -0.0025 (-0.14%). Crude oil and gasoline prices on Monday closed mildly lower due to the rally in the dollar and the remote chance that a last-minute agreement might be reached on Iran's nuclear program. Crude oil received some underlying support from the rally in global stocks and on hopes for additional Chinese stimulus.

GLOBAL EVENT CALENDAR03/31/2015

US	0800 ET	Richmond Fed President Jeffrey Lacker speaks on the economic outlook at the Greater Richmond Chamber of Commerces Spring Regional Forum.
	0850 ET	Atlanta Fed President Dennis Lockhart delivers welcoming address at the Atlanta Feds financial markets conference.
	0900 ET	Cleveland Fed President Loretta Mester moderates a panel at the Atlanta Feds financial markets conference on the Future of Banks: Will Commercial Banks Remain Central to the Financial System?
	0900 ET	Mar Milwaukee ISM expected +1.18 to 51.50, Feb -1.28 to 50.32.
	0900 ET	Jan S&P/CaseShiller composite-20 home price index expected +0.7% m/m and +4.6% y/y, Dec +0.87% m/m and +4.46% y/y.
	0945 ET	Mar Chicago PMI expected +6.0 to 51.8, Feb -13.6 to 45.8.
	1000 ET	Mar consumer confidence index (Conference Board) expected unchanged at 96.4, Feb -7.4 to 96.4.
	1200 ET	USDA Q1 Quarterly Grain Stocks and prospective planting acreage.
	1500 ET	Kansas City Fed President Esther George speaks at the Council for Economic Education on the Update from the Fed.
JPN	0000 ET	Japan Feb vehicle production, Jan -9.7% y/y.
	0100 ET	Japan Feb housing starts expected -6.8% annualized to 877,000, Jan -13.0% annualized to 864,000.
	0100 ET	Japan Feb construction orders, Jan +27.5% y/y.
	1950 ET	Japan Q1 Tankan large manufacturing business conditions expected +2 to 14, Q4 12.
	2135 ET	Revised Japan Mar Markit/JMMA manufacturing PMI, previous -1.2 to 50.4.
GER	0200 ET	German Feb retail sales expected -0.7% m/m and +3.4% y/y, Jan +2.3% m/m and +5.3% y/y.
	0355 ET	German Mar unemployment change expected -12,000, Feb -20,000. Mar unemployment rate expected unch at 6.5%.
UK	0430 ET	Revised UK Q4 GDP, previous +0.5% q/q and +2.7% y/y.
	0430 ET	UK Jan index of services expected +0.3% m/m and +0.8% 3-mo/3-mo, Dec +0.6% m/m and +0.8% 3-mo/3-mo.
	0430 ET	UK Mar Lloyds business barometer, Feb -7 to 45.
EUR	0500 ET	Eurozone Mar CPI estimate expected -0.1% y/y, Feb -0.3% y/y. Mar core CPI expected +0.7% y/y, Feb +0.7% y/y.
	0500 ET	Eurozone Feb unemployment rate expected unch at 11.2%.
CHI	2100 ET	China Mar manufacturing PMI expected -0.2 to 49.7, Feb +0.1 to 49.9. Mar non-manufacturing PMI, Feb +0.2 to 53.9.

U.S. STOCK CALENDAR03/31/2015

Company	Ticker	Time	Event Description	Period	Estimate
Mosaic Co/The	MOS US	7:30	Analyst Day	Y 2015
Air Products & Chemicals Inc	APD US	10:00	Investor Day	Y 2015
Alliant Energy Corp	LNT US		Investor Meeting - Boston	Y 2015

The Whitewaves Food Company - Barchart's Chart of the Day

The Whitewaves Food Company (WWAV) is the Barchart Chart of the Day.  The dairy products company has a Trend Spotter buy signal, a Weighted Alpha of 66.00+ and gained 60.34% in the last year.

The Chart of the Day belongs to The Whitewave Foods Company.  I found the stocks by sorting today's All Time High list for the stocks with the highest technical buy signals and then used the Flipchart feature to review the charts,  Since the Trend Spotter signaled a buy on 2/15 the stock gained 28.42%.

The WhiteWave Foods Company is a consumer packaged food and beverage company. It manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, and premium dairy products throughout North America and Europe. The Company's products include soy milk, flavored creamers, organic milk, yogurt, cheese, butter, sour creams, and whipped creams. It serves the grocery and natural foods channels in 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 100 day moving averages
• 8 new highs and up 9.01% in the last month
• Relative Strength Index 72.02%
• Barchart computes a technical support level at 43.29
• Recently traded at 44.64 with a 50 day moving average of 38.94

Fundamental factors:

• Market Cap $7.78 billion
• P/E 41.18
• Revenue expected to grow 10.20% this year and another 8.00% next year
• Earnings estimated to increase 11.00% this year, an additional 18.00% next year and continue to compound at an annual rate of 20.76% for the next 5 years
• Wall Street analysts issued 7 strong buy, 8 buy and 4 hold recommendation on the stock

The 50-100 Day MACD oscillator has been a reliable technical trading strategy on this stock and should continue to be used for entry and exit points.

BARCHART MORNING CALL 3/30

BARCHART MORNING CALL

Monday, March 30th, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 +0.51%) this morning are up +0.46% and European stocks are up +1.20% on the prospects for China to expand its stimulus measures after China's central bank said the government can do more to support growth. Another positive for European stocks was the larger-than-expected increase in Eurozone Mar economic confidence to the highest in 3-1/2 years. Asian stocks closed mostly higher: Japan +0.65%, Hong Kong +1.51%, China +2.93%, Taiwan +0.19%, Australia -1.25%, Singapore +0.12%, South Korea +0.22%, India +1.88%. China's Shanghai Index surged nearly 3% to a 7-year high after the head of the PBOC, Zhou Xiaochuan, said that China's growth rate has tumbled "a bit" too much, and that policy makers have room to act with both interest rates and "quantitative" measures, which bolstered speculation that China will boost stimulus measures. Commodity prices are mostly lower. May crude oil (CLK15 -1.35%) is down -2.07% on speculation a potential nuclear deal between Iran and Western nations may end sanctions against Iran and lead to increased Iranian crude exports that may exacerbate a global supply glut. May gasoline (RBK15 -0.84%) is down -1.24%. Apr gold (GCJ15 -1.38%) is down -1.20%. May copper (HGK15 +0.31%) is up +0.33%. Agriculture prices are mixed. The dollar index (DXY00 +0.56%) is up +0.53%. EUR/USD (^EURUSD) is down -0.47%. USD/JPY (^USDJPY) is up +0.51%. Jun T-note prices (ZNM15 -0.07%) are down -2.5 ticks.
The Eurozone Mar business climate indicator rose +0.14 to 0.23, stronger than expectations of +0.11 to 0.18 and matched the November 2014 reading as the highest in 9 months. Mar economic confidence rose +1.6 to 103.9, stronger than expectations of +0.9 to 103.0 and the highest in 3-1/2 years.
UK Feb mortgage approvals rose 61,800, stronger than expectations of 61,500 and the most in 6 months.
UK Feb net consumer credit rose +0.7 billion pounds, less than expectations of +0.9 billion pounds.
Japan Feb industrial production fell -3.4% m/m and -2.6% y/y, weaker than expectations of -1.9% m/m and -0.6% y/y.

U.S. STOCK PREVIEW

Key news today includes (1) today's deadline for Greece to submit a list of sufficent reforms to Eurozone finance ministers to qualify for frozen bailout money and avoid a new default, (2) oil prices ahead of tomorrow's deadline for a political agreement on the Iran nuclear talks, (3) today's Feb personal income report (expected +0.3%) and spending report (expected +0.2%), (4) today's Feb PCE deflator report (expected +0.3% y/y vs +0.2% in Jan) and Feb core PCE deflator report (expected unchanged from Jan at +1.3%), (4) today's Feb pending home sales report (expected +0.4% m/m), (5) today's Mar Dallas Fed manufacturing activity index (expected +2.2 to -9.0), and (6) Fed Vice Chairman Stanley Fischer's keynote address at the Atlanta Fed’s conference on “Central Banking in the Shadows: Monetary Policy and Financial Stability Post Crisis.”
There is one of the Russell 1000 companies that reports earnings today: American Realty Capital Properties (consensus $0.23).
There are no U.S. IPOs that are scheduled to price or begin trading today.
Equity conferences this week include: Bank of America Merrill Lynch New York Auto Summit on Wed, DUG Bakken and Niobrara Unconventional Oil Conference on Wed, Mitsubishi UFJ Financial Utilities Conference on Wed, New York Interational Auto Show-Press Days on Wed, and Goldman Sachs Biosimilars Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Nike (NKE +0.55%) was upgraded to 'Outperform' from 'Neutral' at RW Baird.
Genesco (GCO +0.49%) was downgraded to 'Neutral' from 'Outperform' at RW Baird
BHP Billiton (BHP -1.98%) was upgraded to 'Outperformer' from 'Sector Performer' at CIBC.
Western Union (WU +1.60%) was upgraded to 'Buy' from 'Hold' at Evercore ISI.
Xilinx (XLNX +5.85%) was downgraded to 'Equal Weight' from 'Overweight' at Morgan Stanley.
Madison Square Garden (MSG +1.55%) was upgraded to 'Buy' from 'Hold' at Topeka.
Horizon Pharma (HZNP +3.27%) will acquire Hyperion Therapeutics (HPTX -1.88%) for $46.00 per share, or $1.1 billion on a fully diluted basis.
Restoration Hardware (RH +4.06%) was upgraded to 'Buy' from 'Neutral' at Goldman Sachs.
Barclays upgraded Analog Devices (ADI +2.47%) to 'Overweight' from 'Equal Weight' saying it believes the chip maker has secured multiple socket wins in Apple's iPhone and iPad.
Altera (ALTR +28.37%) is up over 3% in pre-market trading on carry-over support from Friday's 28% surge in the stock amid reports that Intel is in negotiations to acquire the company.
Realty Income (O -0.37%) will replace Windstream (WIN -5.10%) in the S&P 500 as the close of trading on April 6.
Fitch Ratings downgraded Greece's Long-term foreign and local currency Issuer Default Ratings to 'CCC' from 'B.'
Enterprise Partners reported a 8.3% passive stake in Celladon (CLDN +2.88%) .

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 +0.51%) this morning are up +9.50 points (+0.46%). Friday's closes: S&P 500 +0.24%, Dow Jones +0.19%, Nasdaq +0.41%. The U.S. stock market closed higher on Friday on the stronger-than-expected +1.8 point increase to 93.0 in the final-March U.S. consumer confidence index from the University of Michigan and the rally in tech stocks sparked by the news that Intel is in talks to acquire Altera. Stock market gains were limited by disappointment that U.S. Q4 GDP was left unrevised at +2.2% versus expectations for an upward revision to +2.4%.
Jun 10-year T-notes (ZNM15 -0.07%) this morning are down -2.5 ticks. Friday's closes: TYM5 +14.50, FVM5 +9.00. T-note prices rallied on Friday due to reduced inflation expectations sparked by the plunge in crude oil prices and the unrevised Q4 GDP report of +2.2% that suggests the Fed will to slow to raise interest rates.
The dollar index (DXY00 +0.56%) this morning is up +0.520 (+0.53%). EUR/USD (^EURUSD) is down -0.0051 (-0.47%). USD/JPY (^USDJPY) is up +0.61 (+0.51%). Friday's closes: Dollar index -0.145 (-0.15%), EUR/USD +0.005 (+0.05%), USD/JPY -0.06 (-0.05%). The dollar index on Friday closed mildly lower after the unrevised U.S. Q4 GDP report of +2.2% sparked ideas that the Fed may delay an interest rate hike. The dollar received some underlying support from the stronger-than-expected U.S. Mar University of Michigan consumer sentiment report.
May WTI crude oil (CLK15 -1.35%) this morning is down -$1.01 a barrel (-2.07%) and May gasoline (RBK15 -0.84%) is down -0.0222 (-1.24%). Friday's closes: CLK5 -2.56 (-4.98), RBK5 -0.0877 (-4.66%). May crude oil and gasoline prices on Friday fell sharply on the possibility for an Iranian nuclear agreement and on ideas that Saudi Arabia's military involvement in Yemen may actually reduce the chances of oil disruptions in the Middle East.

GLOBAL EVENT CALENDAR03/30/2015

US	0830 ET	Feb personal spending expected +0.2%, Jan -0.2%. Feb personal income expected +0.3%, Jan +0.3%.
	0830 ET	Feb PCE deflator expected +0.2% m/m and +0.3% y/y, Jan -0.5% m/m and +0.2% y/y. Feb core PCE deflator expected +0.1% m/m and +1.3% y/y, Jan +0.1% m/m and +1.3% y/y.
	1000 ET	Feb pending home sales expected +0.4% m/m and +8.7% y/y, Jan +1.7% m/m and +6.5% y/y.
	1030 ET	Mar Dallas Fed manufacturing activity expected +2.2 to -9.0, Feb -6.8 to -11.2.
	1100 ET	USDA weekly grain export inspections.
	1915 ET	Fed Vice Chairman Stanley Fischer delivers keynote address at the Atlanta Feds conference on Central Banking in the Shadows: Monetary Policy and Financial Stability Post Crisis.
UK	0430 ET	UK Feb net consumer credit expected +0.9 billion pounds, Jan +0.8 billion pounds.
	0430 ET	UK Feb mortgage approvals expected 61,500, Jan 60,800.
	0430 ET	UK Feb M4 money supply, Jan -0.8% m/m and -2.2% y/y.
	1905 ET	UK Mar GfK consumer confidence expected +1 to 2, Feb 1.
EUR	0500 ET	Eurozone Mar business climate indicator expected +0.11 to 0.18, Feb 0.07. Mar economic confidence expected +0.9 to 103.0, Feb 102.1.
	0500 ET	Revised Eurozone Mar consumer confidence, previous +3.0 to -3.7.
GER	0800 ET	German Mar CPI (EU harmonized) expected +0.5% m/m and +0.1% y/y, Feb +1.0% m/m and -0.1% y/y.
JPN	2130 ET	Japan Feb labor cash earnings expected +0.8% y/y, Jan +1.3% y/y. Feb real cash earnings, Jan -1.5% y/y.

U.S. STOCK CALENDAR03/30/2015

Company	Ticker	Time	Event Description	Period	Estimate
American Realty Capital Properties Inc	ARCP US	10:00	Q4 2014 Earnings Call	Q4 2014
Mosaic Co/The	MOS US	18:00	Analyst Day - Day 1	Y 2015
Regeneron Pharmaceuticals Inc	REGN US		Eylea, diabetic retinopathy in patients with diabetic macular edema (DME)
Tahoe Resources Inc	THO CN		Shareholders Meeting	Y 2015
American Realty Capital Properties Inc	ARCP US		Q4 2014 Earnings Release	Q4 2014	0.233