LeMaitre Vascular - All Time High

LeMaitre Vascular (LMAT) is the Barchart Chart of the Day.  The medical products stock has a Trend Spotter buy signal, a Weighted Alpha of 43.75+ and gained 29.29% in the last year.

The Chart of the Day belongs to LeMaitre Vascular (LMAT).  I found the stock by sorting the  All Time High last for the stocks with the best technical buy signals and then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 3/4 the stock gained 22.93%.

Lemaitre Vascular is a leading global provider of innovative devices for the treatment of peripheral vascular disease. LeMaitre develops, manufactures, and markets disposable and implantable vascular devices to address the needs of vascular surgeons and interventionalists. LeMaitre's diversified product portfolio consists of twelve well-known brand name products used in arteries and veins outside of the heart and are supported by a growing, specialized and highly trained organization of vascular sales professionals. LeMaitre Vascular offers a wide range of innovative products to vascular surgeons and interventionalists for improving procedure efficacy and minimizing patient recovery time.

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 22.63% in the last month
• Relative Strength Index 82.59%
• Barchart computes a technical support level at 9.9
• Recently traded at 10.24 with a 50 day  moving average of  8.49

Fundamental factors:

• Market Cap $179.30 million
• P/E 29.70
• Dividend yield 1.63%
• Revenue expected to grow 5.40% this year and another 8.00% next year
• Earnings estimated to increase 11.50% this year, an additional 20.70% next year and continue to increase at an annual rate of 14.00% for the next 5 years
• Wall Street analysts issued 3 strong buy, 2 buy and 1 hold recommendation on the stock

AO Smith - All Time High

AO Smith (AOS) is the Barchart Chart of the Day.  The household appliance stock has a Trend Spotter buy signal, a Weighted Alpha of 47.29+ and gained 44.63% in the last year.

The Chart of the Day belongs to AO Smith (AOS).  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.

A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a diversified manufacturer serving customers worldwide. The company is one of the world's leading manufacturers and marketers of residential and commercial water heating equipment, offering a comprehensive line featuring the best- known brands in the industry. It is also one of North America's largest manufacturers of electric motors, with an extensive line of hermetic, fractional horsepower, and integral horsepower motors for residential, commercial, and industrial applications. A. O. Smith employs people at facilities in the United States, Mexico, China, Canada, and Europe.

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

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 4.10% in the last  month
• Relative Strength Index 63.11%
• Barchatt computes a technical support level at 64.81
• Recently traded at 67.25 with a 50 day moving average of 64.60

Fundamental factors:

• Market Cap $6.01 billion
• P/E 25.87
• Dividend yield 1.16%
• Revenue expected to grow 10.40% this year and another 9.30% next year
• Earnings estimated to increase by 15.20% this year, an additional 16.40% next year and continue to compound at an annual rate of 18.00% for the next 5 years
• Wall Street analysts issued 2 strong buy, 5 buy and 5 hold recommendations on the stock

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

The Best of the NASDAQ 100

Today I wanted to find the NASDAQ 100 stocks with the best momentum so I used Barchart to sort the NASDAQ 100 stocks to find the ones with the most up days in the  last month and then used the Flipchart feature to review the charts.

Today's list includes Equinix (EQIX), Cisco Systems (CSCO), Liberty Interactive (LVNTA) and Akamai Technologies (AKAM).

Equinix (EQIX)

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 12.20% in the last month
• Relative Strength Index 74.92%
• Barchart computes a technical support level at 254.50
• Recently traded at 265.05 with a 50 day moving average of 238.19

Cisco Systems (CSCO)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 10 day moving averages
• 10 new highs and up 5.62% in the last month
• Relative Strength Index 56.01%
• Barchart computes a technical support level at 28.52
• Recently traded at 28.88 with a 50 day moving average of 28.42.

Liberty Interactive (LVNTA)

Barchart technical indicators:

• 40% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up .59% in the last month
• Relative Strength Index 41.28%
• Barchart computes a technical support leve at 41.28
• Recently traded at 42.44 with a 50 day moving average of 41.64

Akamai Technologies (AKAM)

Barchart technical indicators:

• 56% Barchart technical buy signals
• Trend Spotter hold signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 5.04% in the last month
• Relative Strength Index 55.37%
• Barchart computes a technical support level at 74.07%
• Recently traded at  74.72 with a 50 day moving average of 72.34

BARACHART MORNING CALL 5/7

BARCHART MORNING CALL

Thursday, May 7th, 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 -0.23%) this morning are down -0.54% at a 1-month low and European stocks are down -1.35% at a 2-1/2 month low amid carry-over selling from Wednesday's rout after Fed Chair Yellen said equity market valuations are high. The slide in global government bond markets continued as well after Fed Chair Yellen said that long-term rates are low and could jump when the Fed begins to raise interest rates. The German 10-year bund yield climbed to a 4-3/4 month high of .777% and the U.S. 10-year T-note yield rose to a 4-3/4 month high of 2.31%. On the positive side, Greece's ASE Stock Index is up +2.39% as bank stocks rose after the ECB boosted emergency funding to Greece's central bank. The yield on the Greek 10-year bond fell -33 bp to 10.90% after the ECB raised the cap on Emergency Liquidity Assistance to the Greek central bank by 2 billion euros to 78.9 billion euros. Asian stocks closed lower: Japan -1.23%, Hong Kong -1.27%, China -2.77%, Taiwan -1.16%, Australia -0.82%, Singapore -0.78%, South Korea -0.59%, India -0.44%. China's Shanghai Composite slid to a 3-week low after Morgan Stanley downgraded Chinese stocks for the first time in 7 years to 'Equalweight' from 'Overweight,' citing the weakest corporate profits since 2009.
Commodity prices are mixed. Jun crude oil (CLM15 +0.13%) is down -0.03% and Jun gasoline (RBM15 -0.27%) is down -0.39%. Metals prices are mixed. Jun gold (GCM15 -0.42%) is down -0.60%. Jul copper (HGN15 +0.12%) is up +0.29%. Agriculture prices are mixed.
The dollar index (DXY00 +0.10%) is up +0.02%. EUR/USD (^EURUSD) is down -0.15%. USD/JPY (^USDJPY) is down -0.28%.

Jun T-note prices (ZNM15 +0.11%) are down -5.5 ticks at a 1-3/4 month low on negative carry-over from a slide in global bond markets. The yield on the 10-year Germany bund jumped to a 4-3/4 month high on .777% and has surged over 60 bp in the past week.
According to two officials who spoke on conditions of anonymity, ECB officials want progress at Monday's meeting of Eurozone finance ministers with Greece in reaching an agreement with international creditors or they will consider tightening Greek banks' access to emergency liquidity. One official said that are prepared to raise haircuts, the discounts imposed on collateral pledged by Greek banks in return for funding, to levels seen last year.

U.S. STOCK PREVIEW

Key U.S. reports today include: (1) Apr Challenger job cuts (Mar was +6.4% y/y), (2) weekly initial unemployment claims (expected +16,000 to 278,000 after last week's -34,000 to 262,000) and continuing claims (expected +17,000 to 2.270 million after last week's -74,000 to 2.253 million), and (3) Mar consumer credit (expected +$15.800 billion after Feb's +$15.516 billion).
There are 17 of the S&P 500 companies that report earnings today with notable reports including: Priceline (consensus $7.74), NVIDIA (0.34), CA (0.50), Monster Beverage (0.68), CBS (0.75), Molson Coors Brewing (0.68).
U.S. IPO's scheduled to price today include: International Market Centers (IMC), Bojangles Inc (BOJA), Anterios (ANTE), NephroGenex (NRX), Hemishere Media Group (HMTV), Aldeyra Therapeutics (ALDX).
Equity conferences during the remainder of this week include: Baird Growth Stock Conference on Tue-Thu, Deutsche Bank Health Care Conference on Wed-Thu, ICI General Membership Meeting on Wed-Thu, Citi Car of the Future Conference on Thu, Mitsubishi UFJ Securities Oil & Gas Conference on Thu, and RBC Capital Markets Mobile & Cloud Networking Investor Day on Thu.

OVERNIGHT U.S. STOCK MOVERS

Sunoco (SXL -0.85%) reported a Q1 EPS loss with items of -10 cents, much weaker than consensus of 40 cents.
Children's Place (PLCE +7.78%) was upgraded to 'Neutral' from 'Sell' at Goldman Sachs.
Energy Transfer Equity (ETE -1.90%) reported Q1 EPS of 52 cents, well below consensus of 70 cents.
General Cable (BGC -0.92%) reported Q1 adjusted EPS of 35 cents, much better than consensus for a -13 cent loss.
Babcock & Wilcox (BWC +0.44%) reported Q1 adjusted EPS of 47 cents, higher than consensus of 43 cents.
Transocean (RIG +0.05%) reported Q1 adjusted EPS of $1.10, well above consensus of 60 cents.
Chesapeake Energy (CHK -7.19%) was downgraded to 'Neutral' from 'Buy' at SunTrust.
Pioneer Natural Resources (PXD -1.93%) was upgraded to 'Buy' from 'Neutral' at SunTrust with a price target of $190.
Tesla (TSLA -1.08%) rose nearly 2% in pre-market trading after it reported a Q1 EPS loss of -36 cents, a smaller loss than consensus of-50 cents.
Activision Blizzard (ATVI +2.16%) reported Q1 EPS of 16 cents, more than double consensus of 7 cents.
Prudential (PRU +0.36%) reported Q1 adjusted EPS of $2.79, well above consensus of $2.38.
MetLife (MET -0.63%) reported Q1 operating EPS of $1.44, above consensus of $1.41, but Q1 operating revenue of $17.03 billion was less than consensus of $17.53 billion.
Whole Foods Market (WFM +0.40%) slid 12% in after-hours trading after it reported Q2 EPS of 44 cents, higher than consensus of 43 cents, although Q2 revenue of $3.65 billion was below consensus of $3.70 billion.
21st Century Fox (FOXA -0.71%) reported Q3 EPS of 47 cents, above consensus of 39 cents.
Keurig Green Mountain (GMCR -1.75%) fell 12% in after-hours trading after it reported Q2 EPS of $1.03, below consensus of $1.05.

MARKET COMMENTS

June E-mini S&Ps (ESM15 -0.23%) this morning are down -11.25 points (-0.54%) at a new 1-month low. Wednesday's closes: S&P 500 -0.45%, Dow Jones -0.48%, Nasdaq -0.67%. The S&P 500 on Wednesday sold off to a 1-month low on the weaker than expected +169,000 increase in the ADP employment report and Fed Chair Yellen's comment that stock market valuations are "quite high" and could be a potential source of financial instability.
Jun 10-year T-notes (ZNM15 +0.11%) this morning are down -5.5 ticks to a new 1-3/4 month low. Wednesday's closes: TYM5 -10.50, FVM5 -4.50. Jun T-notes on Wednesday fell to a 1-3/4 month low on carry-over weakness from the plunge in German bund prices to a 4-month low and on Fed Chair Yellen's comment that long-term interest rates are low and could jump when they Fed begins to raise interest rates.
The dollar index (DXY00 +0.10%) this morning is up +0.019 (+0.02%). EUR/USD (^EURUSD) is down -0.0017 (-0.15%). USD/JPY (^USDJPY) is down -0.33 (-0.28%). Wednesday's closes: Dollar Index -0.989 (-1.04%), EUR/USD +0.0162 (+1.45%), USD/JPY -0.388 (-0.32%). The dollar index on Wednesday fell sharply to a 2-1/2 month low on the weaker-than-expected Apr ADP employment report, which may delay a Fed rate hike. Meanwhile, EUR/USD climbed to a 2-1/4 month high after the Eurozone Apr Markit composite PMI was revised higher by +0.4 to 53.9.
Jun WTI crude oil (CLM15 +0.13%) this morning is down -2 cents (-0.03%) and Jun gasoline (RBM15 -0.27%) is down -0.0079 (-0.39%). Wednesday's closes: CLM5 +0.53 (+0.88%), RBM5 -0.0380 (-1.84%). Jun crude oil and gasoline prices on Wednesday settled mixed with Jun crude at a 4-3/4 month high. Crude oil prices were boosted by the unexpected -3.88 million bbl decline in EIA crude inventories, the first decline in 17 weeks. In addition, U.S. crude oil production fell by -4,000 bpd, which was the third decline in the past four weeks. Gasoline closed lower after news that U.S. fuel consumption fell to an 11-month low of 18.196 million bpd.

GLOBAL EVENT CALENDAR05/07/2015

US	0730 ET	Apr Challenger job cuts, Mar +6.4% y/y.
	0830 ET	Weekly initial unemployment claims expected +17,000 to 279,000, previous -34,000 to 262,000. Weekly continuing claims expected +17,000 to 2.270 million, previous -74,000 to 2.253 million.
	0830 ET	USDA weekly Export Sales.
	1500 ET	Mar consumer credit expected +$15.800 billion, Feb +$15.516 billion.
GER	0200 ET	German Mar factory orders expected +1.5% m/m and +1.9% y/y, Feb -0.9% m/m and -1.3% y/y.
	0330 ET	German Apr Markit construction PMI, Mar 53.3.
UK	0400 ET	UK Apr new car registrations, Mar +6.0% y/y.
	n/a	UK general election.
CHI	n/a	China Apr trade balance expected +$39.60 billion, Mar +$3.08 billion. Apr exports expected +1.9% y/y, Mar 15.0% y/y. Apr imports expected -12.2% y/y, Mar -12.7% y/y.

U.S. STOCK CALENDAR05/07/2015

Company	Ticker	Time	Event Description	Period	Estimate
Becton Dickinson and Co	BDX US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	1.535
PPL Corp	PPL US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.684
Molson Coors Brewing Co	TAP US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.449
Sigma-Aldrich Corp	SIAL US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	1.08
Regeneron Pharmaceuticals Inc	REGN US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	2.682
Ameren Corp	AEE US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.369
Teradata Corp	TDC US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.418
Scripps Networks Interactive Inc	SNI US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.919
Priceline Group Inc/The	PCLN US	7:00	Q1 2015 Earnings Release	Q1 2015	7.742
L Brands Inc	LB US	7:30	April 2015 Sales and Revenue Call	2015
Priceline Group Inc/The	PCLN US	7:30	Q1 2015 Earnings Call	Q1 2015
Apache Corp	APA US	8:00	Q1 2015 Earnings Release	Q1 2015	-0.595
Becton Dickinson and Co	BDX US	8:00	Q2 2015 Earnings Call	Q2 2015
United Parcel Service Inc	UPS US	8:00	Annual General Meeting
DTE Energy Co	DTE US	8:00	Annual General Meeting	Y 2015
MetLife Inc	MET US	8:00	Q1 2015 Earnings Call	Q1 2015
PPL Corp	PPL US	8:30	Q1 2015 Earnings Call	Q1 2015
Regeneron Pharmaceuticals Inc	REGN US	8:30	Q1 2015 Earnings Call	Q1 2015
E*TRADE Financial Corp	ETFC US	8:30	Annual General Meeting	Y 2015
Teradata Corp	TDC US	8:30	Q1 2015 Earnings Call	Q1 2015
CVS Health Corp	CVS US	9:00	Annual General Meeting	Y 2015
Tesoro Corp	TSO US	9:00	Annual General Meeting	Y 2015
Marathon Oil Corp	MRO US	9:00	Q1 2015 Earnings Call	Q1 2015
CF Industries Holdings Inc	CF US	9:00	Q1 2015 Earnings Call	Q1 2015
Verizon Communications Inc	VZ US	9:30	Annual General Meeting
St Jude Medical Inc	STJ US	9:30	Annual General Meeting
Transocean Ltd	RIG US	9:30	Q1 2015 Earnings Call	Q1 2015
Duke Energy Corp	DUK US	10:00	Annual General Meeting	Y 2015
Ecolab Inc	ECL US	10:00	Annual General Meeting	Y 2015
Kimco Realty Corp	KIM US	10:00	Q1 2015 Earnings Call	Q1 2015
Ameren Corp	AEE US	10:00	Q1 2015 Earnings Call	Q1 2015
Scripps Networks Interactive Inc	SNI US	10:00	Q1 2015 Earnings Call	Q1 2015
Archer-Daniels-Midland Co	ADM US	11:00	Annual General Meeting
Wisconsin Energy Corp	WEC US	11:00	Annual General Meeting
Molson Coors Brewing Co	TAP US	11:00	Q1 2015 Earnings Call	Q1 2015
Prudential Financial Inc	PRU US	11:00	Q1 2015 Earnings Call	Q1 2015
Eastman Chemical Co	EMN US	11:30	Annual General Meeting	Y 2015
Molson Coors Brewing Co	TAP US	13:00	Q1 2015 Earnings Call - Follow-up Session	C1 2015
Essex Property Trust Inc	ESS US	13:00	Q1 2015 Earnings Call	Q1 2015
Apache Corp	APA US	14:00	Q1 2015 Earnings Call	Q1 2015
Danaher Corp	DHR US	15:00	Annual General Meeting	Y 2015
NVIDIA Corp	NVDA US	16:20	Q1 2016 Earnings Release	Q1 2016	0.335
Cerner Corp	CERN US	16:30	Q1 2015 Earnings Call	Q1 2015
CBS Corp	CBS US	16:30	Q1 2015 Earnings Call	Q1 2015
Microchip Technology Inc	MCHP US	16:30	Q4 2015 Earnings Call	C1 2015
CA Inc	CA US	17:00	Q4 2015 Earnings Call	Q4 2015
Monster Beverage Corp	MNST US	17:00	Q1 2015 Earnings Call	Q1 2015
NVIDIA Corp	NVDA US	17:00	Q1 2016 Earnings Call	Q1 2016
CA Inc	CA US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.498
Cerner Corp	CERN US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.449
Mohawk Industries Inc	MHK US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	1.602
Monster Beverage Corp	MNST US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.684
CBS Corp	CBS US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.75
Microchip Technology Inc	MCHP US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.666
Corning Inc	GLW US		Investor Meeting	Y 2015
Dover Corp	DOV US		Annual General Meeting
Kansas City Southern	KSU US		Annual General Meeting
L Brands Inc	LB US		April 2015 Sales and Revenue Release	2015
Tenet Healthcare Corp	THC US		Annual General Meeting
Health Care REIT Inc	HCN US		Annual General Meeting
CH Robinson Worldwide Inc	CHRW US		Annual General Meeting
Reynolds American Inc	RAI US		Annual General Meeting
Assurant Inc	AIZ US		Annual General Meeting
NRG Energy Inc	NRG US		Annual General Meeting
Kinder Morgan Inc/DE	KMI US		Annual General Meeting

Axalta Coating Systems - All Time High

Axalta Coating Systems (AXTA) is the Barchart Chart of the Day.  The coating systems stock has a Trend Spotter buy signal and gained 55.60% since opening on 11/12.

The Chart of the Day belongs to Axalta Coating Systems (AXTA) 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 3/19 the stock gained 16.23%.

Axalta Coating Systems Ltd. is a global coatings company engaged in the manufacturing, marketing and distribution of coatings systems. The company offers waterborne and solvent borne coatings; liquid and powder coatings; and liquid coatings. It provides a range of performance and transportation coatings for manufacturers of light and commercial vehicles, the refinish aftermarket and for many industrial applications. The Company's products and services include paint, color matching tools, application technologies and customer training, support and business management systems.

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

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 14.01% in the last month
• Relative Strength Index 63.25%
• Barchart computes a technical support level at 29.63
• Recently traded at 32.30 with a 50 day moving average of 29.39

Fundamental factors:

• Market Cap $7.42 billion
• Revenue expected to grow 5.20% next year
• Earnings estimated to increase 19.10% this year, an additional 27.40% next year and continue to increase at an annual rate of 20.02% for the next 5 years
• Wall Street analyst issued 1 strong buy, 6 buy and 4 hold recommendations on the stock

Today's 5 Best Small Caps

One of the best ways to find stocks on the move before others is to use Barchart and sort the S&P 600 Small Cap Index stocks to see which ones have had the most up days during the last month then use the Flipchart feature to see which ones are still rising.

Today's list includes Blackbaud (BLKB), Wilshire Bancorp (WIBC), Taser International (TASR), C&J Energy Services (CJES), and Ultratech (UTEK).

Blackbaud (BLKB)

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 9.65% in the last month
• Relative Strength Index 67.09%
• Barchart computes a technical support level at 51.10
• Recently traded at 52.07 with a 50 day moving average of 47.66

Wilshire Bancorp (WIBC)

Barchart technical indicators:

• 64% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 5.18% in the last month
• Relative Strength Index 62.82%
• Barchat computes a technical support leve at 10.23
• Recently traded at 10.55 with a 50 day moving average of 10.06

Taser International (TASR)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 43.25% in the last month
• Relative Strength Index 78.25%
• Barchart computes a technical support leve at 33.26
• Recently traded at 35.11 with a 50 day moving average of 26.09

C&J Energy Services (CJES)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 35.23% in the last month
• Relative Strength Index 70.3%
• Barchart computes a technical support  at 16.51
• Recently traded at 17.35 with a 50 day moving average of 13.54

Ultratech (UTEK)

Barchart technical indicators:

• 88% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 16.34% in the last month
• Relative Strength Index 62.53%
• Barchart computes a technical support level at 19.12
• Recently traded at 19.94 with a 50 day moving average of 18.33

BARCHART MORNING CALL 5/6

BARCHART MORNING CALL

Wednesday, May 6th, 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 +0.24%) this morning are up +0.18% and European stocks are up +0.74% ahead of this morning’s U.S. Apr ADP employment change that may gauge whether the U.S. economy recovered from a winter slowdown. European stocks also received a boost after the Eurozone Apr Markit composite PMI was revised higher by +0.4 to 53.9 from the originally reported 53.5. The 10-year Greek bond yield rose to a 3-session high of 11.25% after Greek President Tsipras blamed international creditors for a failure to end an impasse in his country's bailout talks. The next meeting of European finance ministers is on Monday, May 11 to discuss Greece's debt situation and a breakdown of talks then may prompt the ECB to tighten collateral rules on Greek debt. Asian stocks closed lower: Japan closed for holiday, Hong Kong -0.41%, China -1.62%, Taiwan -0.02%, Australia -2.31%, Singapore -0.33%, South Korea -1.23%, India -2.63%.
Commodity prices are mixed. Jun crude oil (CLM15 +2.33%) is up +2.37% at a 4-3/4 month high and Jun gasoline (RBM15 +1.19%) is up +1.11% at a 5-3/4 month high on expectations that today's EIA data will show crude supplies at Cushing, OK, the delivery point of WTI futures, fell -580,000 bbl. Metals prices are lower. Jun gold (GCM15 -0.28%)is down -0.42%. Jul copper (HGN15 -0.72%) is down -0.73%. Agriculture prices are higher.
The dollar index (DXY00 -0.27%) is down -0.29%. EUR/USD (^EURUSD) is up +0.43%. USD/JPY (^USDJPY) is down -0.07%.

Jun T-note prices (ZNM15 -0.15%) are down -3.5 ticks at a 1-1/2 month low on carry-over weakness from the plunge in German bund prices to a 4-month low.
According to two people familiar with the matter, the ECB will discuss today whether to raise discounts on the collateral Greek banks pledge in exchange for emergency funding as well as how much more Emergency Liquidity Assistance to offer Greek banks.
Minneapolis Fed President Kocherlakota said "softening" of the U.S. economy in Q1 "is a matter for some concern" and underscores his view that the Fed should not raise rates until 2016.

U.S. STOCK PREVIEW

Key U.S. reports today include: (1) weekly MBA mortgage applications (previous -2.3% with purchase sub-index unch and refi sub-index -3.7%), (2) Apr ADP employment (expected +200,000 after March's +189,000), (3) Q1 non-farm productivity (expected -1.9% after Q4's -2.2%) and Q1 unit labor costs (expected +4.5% after Q4's +4.1%), (4) comments by Fed Chair Janet Yellen and IMF Managing Director Christine Lagarde on topics in finance, governance, and society on a panel discussion at an Institute for New Economic Thinking conference in Washington, D.C., (5) Kansas City Fed President Esther George's speech on “Credit Markets: Booms, Busts and Distortions” on a panel discussion at an Institute for New Economic Thinking conference in Washington, D.C., (6) Atlanta Fed President Dennis Lockhart's speech on the economic outlook and monetary policy to the Baton Rouge Rotary, and (7) the Treasury's announcement of the May 12-14 sale of 3-year, 10-year and 30-year securities.
There are 17 of the S&P 500 companies that report earnings today with notable reports including: Marathon Oil (consensus $-0.45), Whole Foods (0.43), MetLife (1.41), TripAdvisor (0.55), Transocean (0.59).
U.S. IPO's scheduled to price today include: Tallgrass Energy (TEGP), Commercial Credit (CCR), Collegium Pharmaceutical (COLL), aTyr Pharma (LIFE), Klox Technologies (KLOX), HTG Molecular Diagnostics (HTGM), Forest City Enterprises (FCE/A).
Equity conferences during the remainder of this week include: Internet & Television Expo on Tue-Wed, Wells Fargo Industrial and Construction Conference on Tue-Wed, Baird Growth Stock Conference on Tue-Thu, Power & Electricity World Asia 2015 on Wed, Sanford C. Bernstein & Co. Energy Conference on Wed, Deutsche Bank Health Care Conference on Wed-Thu, ICI General Membership Meeting on Wed-Thu, Citi Car of the Future Conference on Thu, Mitsubishi UFJ Securities Oil & Gas Conference on Thu, and RBC Capital Markets Mobile & Cloud Networking Investor Day on Thu.

OVERNIGHT U.S. STOCK MOVERS

Convergys (CVG -0.74%) reported Q1 adjusted EPS of 47 cents, better than consensus of 40 cents
News Corp. (NWSA -0.93%) reported Q3 adjusted EPS of 5 cents, less than consensus of 7 cents.
CenturyLink (CTL -1.42%) reported Q1 adjusted EPS of 67 cents, above consensus of 59 cents.
Trinseo (TSE -2.02%) reported Q1 adjusted EPS of 80 cents, below consensus of 81 cents.
Team Health (TMH -1.67%) reported Q1 adjusted EPS of 68 cents, better than consensus of 60 cents.
Community Health (CYH -3.63%) reported Q1 EPS of 79 cents, above consensus of 66 cents, but Q1 revenue of $4.911 billion was below consensus of $5.010 billion
Frontier Communications (FTR -1.89%) reported Q1 adjusted EPS of 2 cents, half as much as consensus of 4 cents.
Andersons (ANDE -0.83%) reported Q1 adjusted EPS of 42 cents, higher than consensus of 34 cents, but Q1 revenue of $950 million was less than consensus of $962.05 million.
Allstate (ALL +0.26%) reported Q1 EPS of $1.46, above consensus of $1.44.
Herbalife (HLF -4.71%) jumped 13% in after-hours trading after it reported Q1 adjusted EPS of $1.29, higher than consensus of $1.01, and then raised guidance on fiscal 2015 adjusted EPS outlook to $4.30-$4.60, better than consensus of $4.22.
Groupon (GRPN -2.84%) fell over 4% in after-hours trading after it reported Q1 EPS of 3 cents, better than consensus of 1 cent, although Q1 revenue of $750.4 million was less than consensus of $812.19 million.
Electronic Arts (EA -0.25%) climbed nearly 5% in after-hours trading after it reported Q4 adjusted EPS of 39 cents, well above consensus of 25 cents, and then raised guidance on fiscal 2016 adjusted EPS to $2.75, better than consensus of $2.64.
Mylan (MYL -0.22%) reported Q1 adjusted EPS of 70 cents, above consensus of 69 cents, but Q1 revenue of $1.87 billion was below consensus of $2.06 billion.
AmSurg (AMSG -2.42%) reported Q1 adjusted EPS of 62 cents, higher than consensus of 57 cents, and then raised guidance on fiscal 2015 EPS outlook to $3.31-$3.39 from $3.24-$3.32, above consensus of $3.26.
Fiserv (FISV -1.45%) reported Q1 adjusted EPS of 89 cents, better than consensus of 86 cents, although Q1 revenue of $1.28 billion was below consensus of $1.29 billion.

MARKET COMMENTS

June E-mini S&Ps (ESM15 +0.24%) this morning are up +3.75 points (+0.18%). Tuesday's closes: S&P 500 -1.18%, Dow Jones -0.79%, Nasdaq -1.63%. The S&P 500 on Tuesday closed lower on expectations for a downward revision in Q1 GDP due to the much wider-than-expected U.S. March trade deficit report of -$51.4 billion. In addition, the broad market was dragged down by weakness in semiconductor and biotechnology stocks.
Jun 10-year T-notes (ZNM15 -0.15%) this morning are down -3.5 ticks at a fresh 1-1/2 month low. Tuesday's closes: TYM5 -11.00, FVM5 -7.00. June T-bonds on Tuesday slid to a new 1-1/2 month low due to the unexpected increase in the Apr ISM non-manufacturing index to a 5-month high and carry-over weakness from a slump in German bund prices to a 3-1/4 month low.
The dollar index (DXY00 -0.27%) this morning is down -0.271 (-0.29%). EUR/USD (^EURUSD) is up +0.0048 (+0.43%). USD/JPY (^USDJPY) is down -0.08 (-0.07%). Tuesday's closes: Dollar Index -0.404 (-0.42%), EUR/USD +0.00385 (+0.35%), USD/JPY -0.26 (-0.22%). The dollar index on Tuesday closed lower on expectations that an expected downward revision in Q1 GDP from the much wider-than-expected U.S. Mar trade deficit report of -$51.4 billion could delay a Fed rate hike. EUR/USD saw strength after the European Commission raised its Eurozone 2015 GDP forecast to 1.5% from Feb's estimate of 1.3%.
Jun WTI crude oil (CLM15 +2.33%) this morning is up +$1.43 a barrel (+2.37%) at a 4-3/4 month high and Jun gasoline (RBM15 +1.19%) is up +0.0230 (+1.11%) at a 5-3/4 month high. Tuesday's closes: CLM5 +1.47 (+2.49%), RBM5 +0.0345 (+1.70%). Jun crude oil and gasoline closed higher on Monday with Jun crude at a 4-3/4 month high and Jun gasoline at a 5-1/4 month high as the market is hoping for Wednesday's EIA report to show the second weekly decline in Cushing crude oil inventories and on ideas that U.S. oil production may drop as well.

GLOBAL EVENT CALENDAR05/06/2015

US	0700 ET	Weekly MBA mortgage applications, previous -2.3% with purchase sub-index unch and refi sub-index -3.7%.
	0815 ET	Apr ADP employment change expected +200,000, Mar +189,000.
	0830 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 May 12-14 in the Treasurys quarterly refunding.
	0830 ET	Q1 non-farm productivity expected -1.9%, Q4 -2.2%. Q1 unit labor costs expected +4.5%, Q4 +4.1%.
	0915 ET	Fed Chair Janet Yellen and IMF Managing Director Christine Lagarde speak on topics in finance, governance, and society on a panel discussion at an Institute for New Economic Thinking conference in Washington, D.C.
	1030 ET	EIA Weekly Petroleum Status Report.
	1315 ET	Kansas City Fed President Esther George speaks on Credit Markets: Booms, Busts and Distortions on a panel discussion at an Institute for New Economic Thinking conference in Washington, D.C.
	1330 ET	Atlanta Fed President Dennis Lockhart speaks on the economic outlook and monetary policy to the Baton Rouge Rotary.
GER	0355 ET	Revised German Apr Markit services PMI, previous 54.4.
EUR	0400 ET	Revised Eurozone Apr Markit composite PMI, previous 53.5.
	0500 ET	Eurozone Mar retail sales expected -0.7% m/m and +2.4% y/y, Feb -0.2% m/m and +3.0% y/y.
UK	0430 ET	UK Apr Markit/CIPS services PMI expected -0.4 to 58.5, Mar 58.9.
JPN	2135 ET	Japan Apr Markit services PMI, Mar 48.4.
	n/a	Japanese markets closed for National Holiday.

U.S. STOCK CALENDAR05/06/2015

Company	Ticker	Time	Event Description	Period	Estimate
LyondellBasell Industries NV	LYB US	3:30	Annual General Meeting	Y 2015
Occidental Petroleum Corp	OXY US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.041
Chesapeake Energy Corp	CHK US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.036
Spectra Energy Corp	SE US	Bef-mkt	Q1 2015 Earnings Release	Q1 2015	0.426
Motorola Solutions Inc	MSI US	7:00	Q1 2015 Earnings Release	Q1 2015	0.249
DENTSPLY International Inc	XRAY US	7:00	Q1 2015 Earnings Release	Q1 2015	0.573
Masco Corp	MAS US	8:00	Investor Day	Y 2015
Motorola Solutions Inc	MSI US	8:00	Q1 2015 Earnings Call	Q1 2015
Dun & Bradstreet Corp/The	DNB US	8:00	Annual General Meeting
Assurant Inc	AIZ US	8:00	Q1 2015 Earnings Call	Q1 2015
DENTSPLY International Inc	XRAY US	8:30	Q1 2015 Earnings Call	Q1 2015
Dominion Resources Inc/VA	D US	9:00	Annual General Meeting	Y 2015
General Dynamics Corp	GD US	9:00	Annual General Meeting	Y 2015
PepsiCo Inc	PEP US	9:00	Annual General Meeting	Y 2015
Chesapeake Energy Corp	CHK US	9:00	Q1 2015 Earnings Call	Q1 2015
Allstate Corp/The	ALL US	9:00	Q1 2015 Earnings Call	Q1 2015
NASDAQ OMX Group Inc/The	NDAQ US	9:00	Annual General Meeting	Y 2015
Philip Morris International Inc	PM US	9:00	Annual General Meeting	Y 2015
Spectra Energy Corp	SE US	9:00	Q1 2015 Earnings Call	Q1 2015
Hess Corp	HES US	10:00	Annual General Meeting
CSX Corp	CSX US	10:00	Annual General Meeting	Y 2015
International Flavors & Fragrances Inc	IFF US	10:00	Annual General Meeting	Y 2015
Bank of America Corp	BAC US	10:00	Annual General Meeting	Y 2015
Occidental Petroleum Corp	OXY US	10:00	Q1 2015 Earnings Call	Q1 2015
Pioneer Natural Resources Co	PXD US	10:00	Q1 2015 Earnings Call	Q1 2015
Phillips 66	PSX US	10:00	Annual General Meeting
ONEOK Inc	OKE US	11:00	Q1 2015 Earnings Call	Q1 2015
Newfield Exploration Co	NFX US	11:00	Q1 2015 Earnings Call	Q1 2015
Devon Energy Corp	DVN US	11:00	Q1 2015 Earnings Call	Q1 2015
FMC Technologies Inc	FTI US	12:00	Annual General Meeting
Hospira Inc	HSP US	12:00	Annual General Meeting	Y 2015
Twenty-First Century Fox Inc	FOXA US	16:00	Q3 2015 Earnings Release	Q3 2015	0.391
Twenty-First Century Fox Inc	FOXA US	16:30	Q3 2015 Earnings Call	Q3 2015
TripAdvisor Inc	TRIP US	16:30	Q1 2015 Earnings Call	Q1 2015
Whole Foods Market Inc	WFM US	17:00	Q2 2015 Earnings Call	Q2 2015
Keurig Green Mountain Inc	GMCR US	17:00	Q2 2015 Earnings Call	Q2 2015
Kimco Realty Corp	KIM US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.352
Marathon Oil Corp	MRO US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	-0.454
Whole Foods Market Inc	WFM US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.426
Transocean Ltd	RIG US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.586
Keurig Green Mountain Inc	GMCR US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	1.049
Prudential Financial Inc	PRU US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	2.391
Essex Property Trust Inc	ESS US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	2.251
MetLife Inc	MET US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	1.414
CF Industries Holdings Inc	CF US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	4.625
TripAdvisor Inc	TRIP US	Aft-mkt	Q1 2015 Earnings Release	Q1 2015	0.551
PulteGroup Inc	PHM US		Annual General Meeting
Costco Wholesale Corp	COST US		April 2015 Sales and Revenue Release	2015
Express Scripts Holding Co	ESRX US		Annual General Meeting
Expeditors International of Washington Inc	EXPD US		Q1 2015 Earnings Release	Q1 2015	0.485
Gilead Sciences Inc	GILD US		Annual General Meeting	Y 2015
Alexion Pharmaceuticals Inc	ALXN US		Annual General Meeting
AMETEK Inc	AME US		Annual General Meeting
United Rentals Inc	URI US		Annual General Meeting
CONSOL Energy Inc	CNX US		Annual General Meeting