Bridge Capital - All Time High

Bridge Capital Holdings (BBNK) is the Barchart Chart of the Day.  The commercial bank stock has a Trend Spotter buy signal. a Weighted Alpha of 34.50+ and gained 24.06% in the last year.

The Chart of the Day is Bridge Capital Holdings (BBNK).  I found the stock by sorting today's All Time High list for the stocks with the best technical buy signals, ten used the Flipchart feature to review to charts.  Since the Trend Spotter signaled a buy on 3/9 the stock gained 31.45%.

Bridge Capital Holdings is the holding company for Bridge Bank, a full-service business bank that is dedicated to meeting the financial needs of small and middle-market, and emerging technology businesses in the Silicon Valley, Palo Alto, Sacramento, San Diego, and Fresno business communities. Bridge Bank provides clients with a comprehensive package of business banking solutions delivered through experienced and professional bankers.

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
• 12 new highs and up 7.88% in the last month
• Relative Strength Index 71.55%
• Barchart computes a technical support level at 28.33
• Recently traded at 29.30 with a 50 day moving average of 27.13

Fundamental factors:

• Market Cap $467.04 million
• P/E 24.06
• Revenue expected to grow 16.90% this year and another 15.70% next year
• Earnings estimated to increase 17.70% this year, an additional 20.30% next year and continue to increase at an annual rate of 10.00% for the next 5 years
• Wall Street analysts issued 1 buy and 3 hold recommendations on the stock

None of the regular technical trading strategies have been reliable on this stock so I'd advise you to have a moving stop loss % below the recent high to preserve your gains.

Today's 5 Best Small Caps

I wanted to find today's 5 best small cap stocks so I used Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the best technical trading signals, then used the Flipchart feature to review the charts.

Today's list includes Wilshire Bancorp (WIBC), Texas Capital Bancshares (TCBI), Steve Madden (SHOO), Privatebancorp (PVTB) and Pinnacle Financial Partners (PNFP).

Wilshire Bancorp (WIBC)

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 10.24% in the last month
• Relative Strength Index 76.84%
• Barchart computes a technical support level at 11.27
• Recently traded at 11.67 with a 50 day moving average of 10.57

Texas Capital Bancshares (TCBI)

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 6.67% in the last month
• Relative Strength Index 67.30%
• Barchart computes a technical support level at 55.36
• Recently traded at 57.09 with a 50 day moving average of 52.30

Steve Madden (SHOO)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 3.27% in the last month
• Relative Strength Index 61.07%
• Barchart computes a technical support level at 39.27
• Recently traded at 40.45 with a 50 day moving average of 38.80

Privatebancorp (PVTB)

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 5.92% in the last month
• Relative Strength Index 63.68%
• Barchart computes a technical support level at 38.33
• Recently traded at 39.35 with a 50 day moving average of 37.15

Pinnacle Financial Partners (PNFP)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 7.21% in the last month
• Relative Strength Index 65.74%
• Barchart computes a technical support level at 49.80
• Recently traded at 51.98 with  a 50 day moving average of 47.64

BARCHART MORNING CALL 6/5

BARCHART MORNING CALL

Friday, June 5th, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.21%) this morning are down -0.33% and European stocks are down -1.42% at a 4-week low ahead of U.S. May non-farm payrolls. Stocks took a hit after Greece said it would defer a debt payment due today to the IMF until the end of the month, which bolsters concern that Greece may be close to bankruptcy. Greece's ASE Stock Index tumbled -4.55% and the 10-year Greek bond yield rose 40 bp to a three-session high of 11.32% on Greek default concerns. Asian stocks closed mostly lower: Japan -0.13%, Hong Kong -1.06%, China +1.54%, Taiwan -0.09%, Australia -0.11%, Singapore -0.34%, South Korea -0.21%, India -0.17%. Chinese socks rallied and bucked the negative trend as the China's Shanghai Composite Index climbed to a 7-1/3 year high amid speculation the government will boost stimulus measures to bolster the economy along with cross-borders sales of mutual funds that may widen access to financial markets and increase equity inflows.
Commodity prices are mixed. Jul crude oil (CLN15 +0.40%) is down -0.50% at a 1-week low on speculation that OPEC will leave its production targets unchanged as the cartel meets today in Vienna. Jul gasoline (RBN15 +0.93%) is up +0.37%. Metals prices are mostly lower. Aug gold (GCQ15 -0.10%) is down -0.11%. Jul copper (HGN15 +0.09%) is down -0.13%% at a 6-week low on concern that U.S. copper demand will weaken after the IMF cut its 2015 U.S. GDP estimate to 2.5% from an earlier forecast of 3.1%. Agricultural prices are mixed.
The dollar index (DXY00 +0.21%) is up +0.24%. EUR/USD (^EURUSD) is down -0.11%. USD/JPY (^USDJPY) is up +0.36%.

Sep T-note prices (ZNU15 -0.25%) are down -8.5 ticks.
Greece notified the IMF that a 300 million euro payment due to the IMF today would be deferred and bundled with three more payments due at the end of the month. Greece is the first country since the 1980s to defer a payment to the IMF and underscores the state of Greece's shrinking finances.
ECB Governing Council member and National Bank of Belgium Governor Smets said "there's no chance" that the ECB will end its quantitative easing earlier than planned.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) the May unemployment report (May payrolls expected +227,000 after April's +223,000; May unemployment rate expected unchanged at 5.4% after April's -0.1 point decline to 5.4%), (2) Apr consumer credit (expected +$16.0 billion after March's +$20.523 billion), and (3) a speech by New York Fed President William Dudley on the economy and monetary policy at a gathering of the Economic Club of Minnesota.
None of the Russell 1000 companies report earnings today.
U.S. IPO's scheduled to price today include: Ardelyx (ARDX).
Equity conferences today include: none.

OVERNIGHT U.S. STOCK MOVERS

DISH (DISH +4.86%) was downgraded to 'Neutral' from 'Outperform' at Macquarie.
Cardinal Health (CAH -0.47%) will acquire Harvard Drug Group for $1.115 billion.
Under Armour (UA -0.43%) was upgraded to 'Buy' from 'Neutral' at DA Davidson.
DreamWorks (DWA +0.55%) was upgraded to 'Buy' from 'Hold' at Stifel with a $34 price target.
Charles Schwab (SCHW -0.09%) was upgraded to 'Buy' from 'Neutral' at Goldman Sachs.
LifePoint (LPNT -1.05%) was initiated with a 'Conviction Buy' at Goldman Sachs with a price target of $92.
Team Health (TMH -0.20%) was downgraded to 'Neutral' from 'Buy' at Goldman Sachs.
Lockheed Martin (LMT -0.90%) was awarded a $920.35 million government contract for the manufacture and delivery of 94 F-35 Lightning II aircraft.
Thor Industries (THO -1.43%) reported Q3 EPS of $1.19, less than consensus of $1.21.
UTi Worldwide (UTIW -3.29%) reported a Q1 EPS loss of -35 cents, a much bigger loss than consensus of -15 cents.
Esterline (ESL -1.53%) reported Q2 adjusted EPS of $1.20, below consensus of $1.33.
Cooper Companies (COO -2.54%) reported Q2 adjusted EPS of $1.72, weaker than consensus of $1.76.
Verifone (PAY -1.49%) reported Q2 adjusted EPS of 44 cents, higher than consensus of 42 cents.
Gap (GPS +0.81%) reported that May same-store-sales were down 1% y/y.

MARKET COMMENTS

June E-mini S&Ps (ESM15 -0.21%) this morning are down -7.00 points (-0.33%). Thursday's closes: S&P 500 -0.86%, Dow Jones -0.94%, Nasdaq -0.73%. The S&P 500 on Thursday sold off to a 3-week low on a rout in global bond markets that temporarily sent the 10-year German bund yield up to an 8-1/4 month high and the 10-year T-note yield up to a 5-1/4 month high. There was also weakness in commodity producer stocks after metals and crude oil fell. A positive factor was the -8,000 decline in initial unemployment claims.
Sep 10-year T-notes (ZNU15 -0.25%) this morning are down -8.5 ticks. Thursday's closes: TYU5 +14.50, FVU5 +7.50. Sep T-notes on Thursday recovered from a 5-month low and closed higher. Supportive factors included a recovery in German bund prices from an 8-1/4 month low and increased safe-haven demand for Treasuries after stocks plunged.
The dollar index (DXY00 +0.21%) this morning is up +0.228 (+0.24%). EUR/USD (^EURUSD) is down -0.0012 (-0.11%). USD/JPY (^USDJPY) is up +0.45 (+0.36%). Thursday's closes: Dollar Index -0.004 (-0.01%), EUR/USD -0.00368 (-0.33%), USD/JPY +0.122 (+0.10%). The dollar index on Thursday fell to a 2-week low and closed lower on strength in EUR/USD on improved EUR interest rate differentials with the German 10-year bund yield rising to an 8-1/4 month high.
July WTI crude oil (CLN15 +0.40%) this morning is down -29 cents (-0.50%) at a 1-week low. July gasoline (RBN15 +0.93%) is up +0.0074 (+0.37%). Thursday's closes: CLN5 -1.64 (-2.75%), RBN5 -0.0568 (-2.78%). Jul crude and gasoline on Thursday closed lower on expectations for OPEC on Friday to maintain its production target and news that Iraq will increase its oil exports by +100,000 bpd this month.

GLOBAL EVENT CALENDAR06/05/2015

US	0830 ET	May non-farm payrolls expected +226,000, Apr +223,000. May private payrolls expected +220,000, Apr +213,000. May manufacturing payrolls expected +5,000, Apr +1,000. May unemployment rate expected unch at 5.4%, Apr -0.1 to 5.4%.
	0830 ET	May average hourly earnings expected +0.2% m/m and +2.2% y/y, Apr +0.1% m/m and +2.2% y/y. May average weekly hours all-employees expected unch at 34.5 hours.
	1230 ET	New York Fed President William Dudley speaks on the economy and monetary policy at a gathering of the Economic Club of Minnesota.
	1500 ET	Apr consumer credit expected +$16.000 billion, Mar +$20.523 billion.
JPN	0100 ET	Japan Apr leading index CI expected +1.2 to 107.2, Mar 106.0. Apr coincident index expected +1.5 to 110.7, Mar 109.2.
GER	0200 ET	German Apr factory orders expected +0.5% m/m and -0.6% y/y, Mar +0.9% m/m and +1.9% y/y.
UK	0430 ET	BOE May quarterly inflation attitudes survey.
EUR	0500 ET	Revised Eurozone Q1 GDP, previous +0.4% q/q and +1.0% y/y.

U.S. STOCK CALENDAR06/05/2015

Company	Ticker	Time	Event Description	Period	Estimate
Actavis plc	ACT US	3:30	Annual General Meeting	Y 2015
Wal-Mart Stores Inc	WMT US	8:30	Annual General Meeting	Y 2015
Goodyear Tire & Rubber Co/The	GT US	9:00	Goodyear Tire & Rubber Co. and Sumitomo Rubber Industries, Ltd Joint Venture Ag
Cardinal Health Inc	CAH US	10:00	Investors and Analysts Meeting - Dublin	Y 2015
Flowers Foods Inc	FLO US	11:00	Annual General Meeting	Y 2015
ResMed Inc	RMD US	12:00	Investor Day	Y 2015
Wal-Mart Stores Inc	WMT US	13:30	Investment Community Meeting and Q&A Session	Y 2015
Questar Corp	STR US		Roadshow - Europe - Day 5	Y 2015
Garmin Ltd	GRMN US		Annual General Meeting	Y 2015

Interactive Brokers Group - All Time High

Interactive Brokers Group (IBKR) is the Barchart Chart of the Day.  The investment brokerage stock has a Trend Spotter buy signal, a Weighted Alpha of 67.40+, gained 61.63% in the last year and paid a 1.09% dividend.


The Chart of the Day belongs to Interactive Brokers Group (IBKR).  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 find the chart I liked.  Since the Trend Spotter signaled a buy on 4/22 the stock gained 8.96%.

Interactive Brokers Group is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures and foreign exchange instruments on more than 70 electronic exchanges and trading venues around the world. As a market maker, they provide liquidity at these marketplaces and, as a broker, they provide professional traders and investors with direct access to stocks, options, futures, forex and bonds from a single IB Universal AccountSM.

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
• 9 new highs and up 8.42% in the last month
• Relative Strength Index 76.71%
• Barchart computes a technical support level at 3612
• Recently traded at 37.73 with a 50 day moving average of 34.55

Fundamental factors:

• Market Cap $2.21 billion
• P/E 174.33
• Dividend yield 1.09%
• Revenue expected to grow 13.00% this year and another 28.20% next year
• Earnings estimated to increase 41.20% this year, an additional 102.80% next year and continue to compound at an annual rate of 10.00% for the next 10 years
• Wall Street analysts issued 2 buy and 2 hold recommendations on the stock (note that most Wall Street firms do not like to make reports on other Wall Street firms)

The 50-100 Day MACD Oscillator has been a reliable technical trading strategy to use n this stock.

BARCHART MORNING CALL 6/3

BARCHART MORNING CALL

Thursday, June 4th, 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 -0.47%) this morning are down -0.63% and European stocks are down -1.70% at a 4-week low as a selloff in global government bonds pressures stock prices. The 10-year German bund yield soared to an 8-1/4 month high of 0.996% as the plunge in German bund prices accelerated for a second day after ECB President Draghi on Wednesday said markets should get used to greater volatility after the ECB forecast higher Eurozone inflation rates. Another negative for stocks is the impasse in Greek debt talks that have yet to be resolved. Greece has four payments due to the IMF this month that total more than 1.5 billion euros with the first payment due on Friday. Asian stocks closed mostly lower: Japan +0.07%, Hong Kong -0.38%, China +0.76%, Taiwan -2.18%, Australia -1.42%, Singapore -0.14%, South Korea +0.54%, India -0.09%.
Commodity prices are mixed. Jul crude oil (CLN15 +0.08%) is up +0.30% and Jul gasoline (RBN15 +0.06%) is up +0.15%. Metals prices are lower. Aug gold (GCQ15 -0.25%) is down -0.14% on continued fund selling as long gold positions in ETFs fell to a 6-year low. Jul copper (HGN15 -0.83%) is down -0.88% at a 5-week low on technical selling after Jul copper fell below its 100-day moving average. Agricultural prices are mixed.
The dollar index (DXY00 -0.64%) is down -0.71% at a 2-week low. EUR/USD (^EURUSD) is up +0.71% at a 2-week high as the surge in European government bond yields boosts the euro's interest rate differentials against the dollar. USD/JPY (^USDJPY) is down -0.16%.

Sep T-note prices (ZNU15 -0.06%) are down -7 ticks at a 5-1/4 month low on the heels of the rout in German bund prices.
As expected, the BOE maintained its benchmark rate at 0.50% and kept its asset purchase plan at 375 billion pounds following today's BOE policy meeting.
The latest round of Greek debt talks failed to yield a breakthrough, and according to a Greek official, EU officials are pressing for an agreement with Greece's creditors by Jun 14. Greek Prime Minister Tsipras said that demands by EU officials and the IMF for cuts in the income of pensioners and increases in value-added taxes on power are unacceptable. Greece has to meet four payments this month to the IMF that total more than 1.5 billion euros, with the first payment due on Friday.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) May Challenger job cuts (April was +52.8% y/y), (2) weekly initial unemployment claims (expected -4,000 to 278,000 after last week's +7,000 to 282,000) and continuing claims (expected -15,000 to 2.207 million after last week's +11,000 to 2.222 million), (3) Q1 non-farm productivity (expected revised to -3.0% from -1.9%) and Q1 unit labor costs (expected revised to +6.1% from +5.0%), and (4) a speech by Fed Governor Daniel Tarullo at a financial conference in New York.
There are 7 of the Russell 1000 companies that report earnings today: JM Smucker (consensus $0.99), Joy Global (0.56), Navistar (-0.17), Michaels Cos (0.33), Cooper (1.75), Thor Industries (1.21), Verifone (0.43).
U.S. IPO's scheduled to price today include: Evolent Health (EVH), ECPM Holdings (GI), DavidsTea (DTEA), Qunar Cayman Islands (QUNR), Markit (MRKT), Oxford Lane Capital Corp (OXLC).
Equity conferences during the remainder of this week include: Deutsche Bank Global Industrials and Basic Materials Conference on Wed-Thu, FBN Securities: Field Trip - 8th Semi-Annual Silicon Valley Tour on Wed-Thu, Credit Suisse Engineering & Construction Conference on Thu, Morgan Stanley Leveraged Finance Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Nordstrom (JWN +0.98%) was downgraded to 'Neutral' from 'Outperform' at Credit Suisse.
Energizer (ENR -0.99%) was downgraded to 'Equal Weight' from 'Overweight' at Morgan Stanley.
Twitter (TWTR +1.65%) was downgraded to 'Hold' from 'Buy' at Evercore ISI.
Ciena (CIEN +0.99%) reported Q2 adjusted EPS of 35 cents, above consensus of 24 cents.
Diebold (DBD +2.95%) was upgraded to 'Neutral' from 'Underweight' at JPMorgan Chase.
Ericsson (ERIC unch) and AT&T (T +1.95%) were both upgraded to 'Overweight' from 'Neutral' at JPMorgan Chase.
JM Smucker (SJM -0.30%) reported Q4 EPS of $1.87, well above consensus of 99 cents.
Joy Global (JOY -0.82%) reported Q2 EPS of 59 cents, better than consensus of 56 cents.
Verizon Communications (VZ -0.12%) fell over 1% in pre-market trading after JPMorgan Chase downgraded the stock to 'Neutral' from 'Overweight.'
T-Mobile (TMUS -0.80%) jumped nearly 6% and Dish Network (DISH -1.24%) climbed almost 8% in pre-market trading after the WSJ reported that T-Mobile in in merger talks with Dish Network.
Arthur J. Gallagher (AJG -0.23%) was initiated with an 'Overweight' at Piper Jaffray with a price target of $58.
Boeing (BA +0.39%) was awarded a $466.5 million government contract for missile guidance repair on the Minuteman III intercontinental ballistic missile.
Brown & Brown (BRO +0.89%) was initiated with an 'Overweight' at Piper Jaffray with a price target of $37.
Marsh & McLennan (MMC +0.64%) was initiated with an 'Overweight' at Piper Jaffray with a price target of $67.
Hirzel Capital reported a 7.3% stake in Hawaiian Holdings (HA -1.37%) .

MARKET COMMENTS

June E-mini S&Ps (ESM15 -0.47%) this morning are down -13.25 points (-0.63%). Wednesday's closes: S&P 500 +0.21%, Dow Jones +0.36%, Nasdaq +0.24%. The S&P 500 on Wednesday closed higher on strength in the U.S. labor market after the May ADP employment change rose +201,000, close to expectations of +200,000, and on optimism that a Greek deal may be close. Stocks were undercut by the -2.1 point decline in the May ISM non-manufacturing PMI to a 13-month low of 55.7 (weaker than expectations of -0.8 to 57.0) and by the OECD's cut in its 2015 global growth forecast to 3.1% from Oct's 3.7%.
Sep 10-year T-notes (ZNU15 -0.06%) this morning are down -7 ticks at a 5-1/4 month low. Wednesday's closes: TYU5 -26.50, FVU5 -11.75. Sep 10-year T-notes on Wednesday fell sharply and posted a new 5-month low on (1) carry-over weakness from a plunge in German bund prices to a 7-month low on reduced deflation concerns after the ECB raised its 2015 Eurozone inflation forecast, and (2) reduced safe-haven demand for Treasuries after stocks rallied.
The dollar index (DXY00 -0.64%) this morning is down -0.678 (-0.71%) at a 2-week low. EUR/USD (^EURUSD) is up +0.0080 (+0.71%) at a 2-week high. USD/JPY (^USDJPY) is down -0.20 (-0.16%). Wednesday's closes: Dollar Index -0.370 (-0.39%), EUR/USD +0.01242 (+1.11%), USD/JPY +0.131 (+0.11%). The dollar index on Wednesday fell to a 1-1/2 week low and closed lower on the larger-than-expected -2.1 point drop in the May ISM non-manufacturing PMI to a 13-month low of 55.7 and on strength in EUR/USD after the ECB raised its 2015 Eurozone inflation forecast to +0.3% from 0% in Mar.
July WTI crude oil (CLN15 +0.08%) this morning is up +18 cents (+0.30%). July gasoline (RBN15 +0.06%) is up +0.0030 (+0.15%). Wednesday's closes: CLN5 -1.62 (-2.64%), RBN5 -0.0196 (-0.95%). Jul crude oil and gasoline on Wednesday closed lower on the +0.2% increase in U.S. crude production in the week ended May 29 to a 43-year high of 9.586 million bpd and on expectations for OPEC to maintain its production levels when the cartel meets on Friday.

GLOBAL EVENT CALENDAR06/04/2015

US	0730 ET	May Challenger job cuts, Apr +52.8% y/y.
	0830 ET	Weekly initial unemployment claims expected -4,000 to 278,000, previous +7,000 to 282,000. Weekly continuing claims expected -15,000 to 2.207 million, previous +11,000 to 2.222 million.
	0830 ET	Revised Q1 non-farm productivity expected -3.0%, prelim -1.9%. Revised Q1 unit labor costs expected +6.1%, prelim +5.0%.
	0830 ET	USDA weekly Export Sales.
	1100 ET	Treasury announces amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $24 billion) and 30-year T-bonds (previous $16 billion) to be auctioned Jun 9-11.
	1200 ET	Fed Governor Daniel Tarullo speaks at a financial conference in New York.
GER	0330 ET	German May Markit construction PMI, Apr 51.0.
UK	0700 ET	BOE announces interest rate decision and asset purchase target, expected no change to the 0.50% benchmark rate or to the 375 billion pound asset purchase target.

U.S. STOCK CALENDAR06/04/2015

Company	Ticker	Time	Event Description	Period	Estimate
Navistar International Corp	NAV US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	-0.171
JM Smucker Co/The	SJM US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.992
Michaels Cos Inc/The	MIK US	Bef-mkt	Q1 2016 Earnings Release	Q1 2016	0.326
Joy Global Inc	JOY US	6:00	Q2 2015 Earnings Release	Q2 2015	0.557
L Brands Inc	LB US	7:30	May 2015 Sales and Revenue Call	2015
JM Smucker Co/The	SJM US	8:30	Q4 2015 Earnings Call	Q4 2015
Navistar International Corp	NAV US	9:00	Q2 2015 Earnings Call	Q2 2015
Michaels Cos Inc/The	MIK US	9:00	Q1 2016 Earnings Call	Q1 2016
Ingersoll-Rand PLC	IR US	9:30	Annual General Meeting	Y 2015
SandRidge Energy Inc	SD US	10:00	Annual General Meeting
Cinemark Holdings Inc	CNK US	10:00	Annual General Meeting
Joy Global Inc	JOY US	11:00	Q2 2015 Earnings Call	Q2 2015
Patterson-UTI Energy Inc	PTEN US	11:00	Annual General Meeting	Y 2015
SL Green Realty Corp	SLG US	11:00	Annual General Meeting	Y 2015
Pandora Media Inc	P US	11:00	Annual General Meeting	Y 2015
Las Vegas Sands Corp	LVS US	15:00	Annual General Meeting	Y 2015
Cooper Cos Inc/The	COO US	16:00	Q2 2015 Earnings Release	Q2 2015	1.753
Landstar System Inc	LSTR US	16:00	Q2 2015 Guidance Call	Q2 2015
Thor Industries Inc	THO US	16:15	Q3 2015 Earnings Release	Q3 2015	1.214
VeriFone Systems Inc	PAY US	16:30	Q2 2015 Earnings Call	Q2 2015
Cooper Cos Inc/The	COO US	17:00	Q2 2015 Earnings Call	Q2 2015
Salesforce.com inc	CRM US	17:00	Annual General Meeting
VeriFone Systems Inc	PAY US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.425
General Electric Co	GE US	19:45	Bell International Leaders Presents Former CEO, Jack Welch
Gap Inc/The	GPS US		May 2015 Sales and Revenue Release	2015
L Brands Inc	LB US		May 2015 Sales and Revenue Release	2015
Questar Corp	STR US		Roadshow - Europe - Day 4	Y 2015
Vertex Pharmaceuticals Inc	VRTX US		Annual General Meeting
Jarden Corp	JAH US		Annual General Meeting
Priceline Group Inc/The	PCLN US		Annual General Meeting
Concho Resources Inc	CXO US		Annual General Meeting
CST Brands Inc	CST US		Annual General Meeting

Spirit AeroSystems - All Time High

Spirit AeroSystems (SPR) is the Barchart Chart of the day.  The aerospace parts and equipment  company has a Trend Spotter buy signal, a Weighted Alpha of 68.40+ and gained 72.37% in the last year.

The Chart of the Day belongs to Spirit AeroSystems (SPR).  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 5/8 the stock gained 4.93%.

Spirit AeroSystems (SPR) is the world's largest independent supplier of commercial airplane assemblies and components. In addition to its Kansas facility, Spirit has operations in Tulsa and McAlester, Okla., Prestwick, Scotland, and Samlesbury, England. In the U.S., Spirit's core products include fuselages, pylons, nacelles and wing components. Additionally, Spirit provides aftermarket customer support services, including spare parts, maintenance/repair/overhaul, and fleet support services in North America and Europe. Spirit Europe produces wing components for a host of customers, including Airbus.

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
• 11 new highs and up 9.07% in the last month
• Relative Strength Index 71.48%
• Barchart computes a technical support level at 54.75
• Recently traded at 56.02 with a 50 day moving average of 52.61

Fundamental factors:

• Market Cap $7.71 billion
• P/E 14.67
• Revenue expected to grow 3.00% next year
• Earnings estimated to increase 8.70% this year, an additional 5.20% next year and continue to increase at an annual rate of 12.40% for the next 5 years
• Wall Street analysts issued 6 strong buy, 5 buy 5 hold a 1 sell recommendation on the stock

The 100 day moving average vs the price has been a reliable technical trading strategy on this stock.

BARCHART MORNING CALL 6/3

BARCHART MORNING CALL

Wednesday, June 3rd, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 +0.49%) this morning are up +0.27% and European stocks are up +0.68% ahead of the ECB meeting. European stocks received a boost on stronger-than-expected economic data on Eurozone Apr retail sales that rose +0.7% m/m, the most in 15 months, and after Eurozone Apr unemployment fell -0.1 to 11.1%, the lowest in 3 years. Bank stocks also gave the overall market a boost as Credit Suisse climbed nearly 3% after RBC upgraded the lender to 'Outperform' from 'Sector Perform.' Another positive for European stocks is the decline in the Greek 10-year bond yield to a 2-week low of 10.92% on optimism that a solution to the Greek debt crisis can soon be found. Stock prices climbed even after the OECD cut its 2015 global GDP forecast to 3.1% from a 3.7% estimate in Oct. Asian stocks closed mostly lower: Japan -0.34%, Hong Kong +0.69%, China -0.01%, Taiwan -0.60%, Australia -0.93%, Singapore +0.27%, South Korea -0.85%, India -1.29%.
Commodity prices are mostly lower as the dollar strengthened. Jul crude oil (CLN15 -2.07%) is down -2.20% and Jul gasoline (RBN15 -2.11%) is down -2.16%. Metals prices are weaker. Aug gold (GCQ15 -0.35%) is down -0.50% and Jul copper (HGN15 -0.35%) is down -0.51%. Agricultural prices are lower.
The dollar index (DXY00 +0.34%) is up +0.42%. EUR/USD (^EURUSD) is down -0.26%. USD/JPY (^USDJPY) is up +0.28%.

Sep T-note prices (ZNU15 -0.14%) are down -4 ticks at a 2-week low.
The Organization for Economic Cooperation and Development (OECD) lowered its 2015 global growth forecast to 3.1% from a 3.7% estimate in Oct, saying investment is lagging and risks including a possible Greek default are hurting confidence. The OECD cut its 2015 U.S. GDP forecast to 2.0% from a Mar estimate of 3.1%.
Eurozone Apr retail sales rose +0.7% m/m, stronger than expectations of +0.6% m/m and the most in 15 months. On an annual basis, Apr retail sales rose +2.2% y/y, stronger than expectations of +2.0% y/y.
The Eurozone Apr unemployment rate fell -0.1 to 11.1% from a downward revised 11.2% in Mar, better than expectations of -0.1 to 11.2% and the lowest in 3 years.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (last week -1.6% with purchase sub-index +1.2% and refi sub-index -3.9%), (2) May ADP employment change (expected +200,000 after April's +169,000), (3) Apr trade deficit (expected -$44.0 billion after March's -$51.4 billion), (4) final-May Markit services PMI (expected unrevised at 56.4 after prelim-May -1.0 to 56.4), (5) May ISM non-manufacturing PMI (expected -0.8 to 57.0), (6) Fed Beige Book, and (7) a speech by Chicago Fed President Charles Evans at a banking symposium at the University Club of Chicago.
There is 1 of the Russell 1000 companies that reports earnings today: Brown-Forman (consensus $0.66).
U.S. IPO's scheduled to price today include: PennTex Midstream Partners (PTXP), VWR Corp (VWR), Molina Healthcare (MOH), AerCap Holdings (AER), STORE Capital (STOR).
Equity conferences during the remainder of this week include: Jefferies Global Healthcare Conference on Mon-Wed, Bank of America Merrill Lynch Global Technology Conference on Tue-Wed, Deutsche Bank Global Financial Services Investor Conference on Tue-Wed, KBW Asset Management and Capital Markets Conference on Wed, Sandler O'Neill & Partners Global Exchange and Brokerage Conference on Wed, Deutsche Bank Global Industrials and Basic Materials Conference on Wed-Thu, FBN Securities: Field Trip - 8th Semi-Annual Silicon Valley Tour on Wed-Thu, Credit Suisse Engineering & Construction Conference on Thu, Morgan Stanley Leveraged Finance Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Actavis (ACT -1.12%) was initiated with an 'Outperform' at Raymond James with a price target of $344.
Dean Foods (DF -0.43%) was downgraded to 'Equal Weight' from 'Overweight' at Morgan Stanley.
Humana (HUM -0.08%) was upgraded to 'Neutral' from 'Underperform' at Sterne Agee CRT.
Piper Jaffray reiterates an 'Overweight' rating on Amazon.com (AMZN +0.02%) and rasies the price target on the stock to $520 from $475.
Caterpillar (CAT +0.75%) was initiated with a 'Buy' at Societe Generale with a price target of $110.
Expedia (EXPE +0.17%) was initiated with an 'Overweight' at Barclays with a price target of $125.
Genesco (GCO +1.88%) was downgraded to 'Sell' from 'Neutral' at Goldman Sachs.
Charles Schwab (SCHW +0.60%) was initiated with an 'Overweight' at Piper Jaffray with a price target of $39.
Legg Mason (LM +0.06%) was initiated with an 'Overweight' at Piper Jaffray with a price target of $65.
CNBC reports that Hewlett-Packard's (HPQ +0.36%) separation into HP Inc. and Hewlett-Packard Enterprise will be effective Nov 1.
Ciena (CIEN +0.62%) was initiated with a 'Buy' at Nomura with a price target of $29.
ABM Industries (ABM -0.34%) reports Q2 adjusted EPS of 37 cents, higher than consensus of 35 cents.
Guess (GES +6.21%) reported an unexpected Q1 EPS profit of 4 cents, better than consensus of a -5 cent loss, although Q1 revenue of $478.8 million was below consensus of $483.8 million.
Ascena Retail (ASNA -0.61%) reported Q3 EPS of 18 cents, weaker than consensus of 20 cents.
G-III Apparel (GIII +3.30%) climbed over 4% in after-hours trading after it reported Q1 EPS of 15 cents, more than double consensus of 7 cents, and then raised guidance on fiscal 2016 EPS view to $2.66-$2.76 from $2.53-$2.63, above consensus of $2.62.

MARKET COMMENTS

June E-mini S&Ps (ESM15 +0.49%) this morning are up +5.75 points (+0.27%). Tuesday's closes: S&P 500 -0.10%, Dow Jones -0.16%, Nasdaq -0.29%. The S&P 500 on Tuesday slid to a 2-1/2 week low and closed lower on the -0.4% decline in U.S. Apr factory orders, weaker than expectations of -0.1%, and on a slide in utility companies caused by a rise in the 10-year T-note yield to a 1-1/2 week high. Stocks received support from Fed Governor Brainard's comment that she may favor waiting to raise interest rates.
Sep 10-year T-notes (ZNU15 -0.14%) this morning are down -4 ticks at a 2-week low. Tuesday's closes: TYU5 -19.00, FVU5 -8.00. Sep T-notes on Tuesday sold-off to a 1-1/2 week low and closed lower on carry-over weakness from a slide in German bund prices to a 2-week low on reduced deflation concerns after Eurozone May CPI rose more than expected. In addition, there was reduced safe-haven demand for T-notes on optimism a Greek bailout deal may be closer after EU Economic Commissioner Moscovici said there was "real progress" in negotiations.
The dollar index (DXY00 +0.34%) this morning is up +0.402 (+0.42%). EUR/USD (^EURUSD) is down -0.0029 (-0.26%). USD/JPY (^USDJPY) is up +0.35 (+0.28%). Tuesday's closes: Dollar Index -1.557 (-1.60%), EUR/USD +0.02242 (+2.05%), USD/JPY -0.673 (-0.54%). The dollar index on Tuesday dropped to a 1-week low and closed sharply lower on Fed Governor Brainard's indication that she may favor delaying an interest rate hike when she said "the string of soft data in Q1 raises some questions about the contours of the economic outlook." In addition, EUR/USD rallied sharply on reduced deflation concerns after the Eurozone May CPI estimate rose +0.3% y/y, more than expectations of +0.2% y/y and the first increase in 6 months.
July WTI crude oil (CLN15 -2.07%) this morning is down -$1.35 a barrel (-2.20%). July gasoline (RBN15 -2.11%) is down -0.0445 (-2.16%). Tuesday's closes: CLN5 +1.06 (+1.76%), RBN5 +0.0167 (+0.82%). July crude oil and gasoline closed higher Tuesday with Jul crude at a 3-week high on the sharp sell-off in the dollar index and on expectations for Wednesday' weekly EIA crude inventories to fall -2.5 million bbl, the fifth straight weekly decline.

GLOBAL EVENT CALENDAR06/03/2015

US	0700 ET	Weekly MBA mortgage applications, previous -1.6% with purchase sub-index +1.2% and refi sub-index -3.9%.
	0815 ET	May ADP employment change expected +200,000, Apr +169,000.
	0830 ET	Apr trade balance expected -$44.0 billion, Mar -$51.4 billion. Benchmark revisions.
	0945 ET	Final-May Markit services PMI expected unrevised at 56.4, prelim-May -1.0 to 56.4. Final-May Markit composite PMI, prelim-May -0.9 to 56.1.
	1000 ET	May ISM non-manufacturing PMI expected -0.8 to 57.0, Apr +1.3 to 57.8
	1030 ET	EIA Weekly Petroleum Status Report.
	1400 ET	Fed Beige Book.
	1415 ET	Chicago Fed President Charles Evans speaks at a banking symposium at the University Club of Chicago.
GER	0355 ET	Revised German May Markit services PMI, previous 52.9.
EUR	0400 ET	Revised Eurozone May Markit composite PMI, previous 53.4.
	0500 ET	Eurozone Apr retail sales expected +0.6% m/m and +2.0% y/y, Mar -0.8% m/m and +1.6% y/y.
	0500 ET	Eurozone Apr unemployment rate expected -0.1 to 11.2%, Mar 11.3%.
	0745 ET	ECB announces interest rate decision.
UK	0200 ET	UK May nationwide house prices expected +0.4% m/m and +4.9% y/y.
	0430 ET	UK May Markit/CIPS services PMI expected -0.3 to 59.2, Apr 59.5.

U.S. STOCK CALENDAR06/03/2015

Company	Ticker	Time	Event Description	Period	Estimate
LinkedIn Corp	LNKD US	0:00	Annual General Meeting
Fastenal Co	FAST US	7:00	May 2015 Sales and Revenue Release	2015
Kosmos Energy Ltd	KOS US	7:00	Annual General Meeting	Y 2015
Brown-Forman Corp	BF/B US	8:00	Q4 2015 Earnings Release	Q4 2015	0.66
American Airlines Group Inc	AAL US	9:00	Annual General Meeting	Y 2015
Wendy's Co/The	WEN US	9:00	Q4 2015 Guidance Call	Q4 2015
Devon Energy Corp	DVN US	9:00	Annual General Meeting	Y 2015
Brown-Forman Corp	BF/B US	10:00	Q4 2015 Earnings Call	Q4 2015
Amgen Inc	AMGN US	10:00	U.S. Ct of Appeals Hears Amgen vs. Novartis AG's Sandoz Unit Patent Case
New York Community Bancorp Inc	NYCB US	10:00	Annual General Meeting	Y 2015
Rice Energy Inc	RICE US	10:00	Annual General Meeting
Rice Energy Inc	RICE US	10:00	Annual General Meeting
Michaels Cos Inc/The	MIK US	10:30	Annual General Meeting	Y 2015
Molson Coors Brewing Co	TAP US	11:00	Annual General Meeting	Y 2015
Alliance Data Systems Corp	ADS US	11:00	Annual General Meeting
Antero Resources Corp	AR US	11:00	Annual General Meeting	Y 2015
Google Inc	GOOGL US	12:00	Annual General Meeting	Y 2015
Workday Inc	WDAY US	12:00	Annual General Meeting	Y 2015
Cabela's Inc	CAB US	12:05	Annual General Meeting	Y 2015
LinkedIn Corp	LNKD US	13:00	Annual General Meeting
Dick's Sporting Goods Inc	DKS US	13:30	Annual General Meeting	Y 2015
Google Inc	GOOGL US	14:45	Economic Club of Canada Presents Managing Director, Sam Sebastian
Tech Data Corp	TECD US	15:00	Annual General Meeting	Y 2015
FireEye Inc	FEYE US	16:00	Analyst Day	Y 2015
Costco Wholesale Corp	COST US	Aft-mkt	May 2015 Sales and Revenue Release	2015
American Airlines Group Inc	AAL US		Annual General Meeting
Questar Corp	STR US		Roadshow - Europe - Day 3	Y 2015
Activision Blizzard Inc	ATVI US		Annual General Meeting
AutoNation Inc	AN US		May 2015 Sales and Revenue Release	2015
Post Properties Inc	PPS US		Annual General Meeting
Ingram Micro Inc	IM US		Annual General Meeting
CoStar Group Inc	CSGP US		Annual General Meeting
SunPower Corp	SPWR US		Annual General Meeting
Ulta Salon Cosmetics & Fragrance Inc	ULTA US		Annual General Meeting
KAR Auction Services Inc	KAR US		Annual General Meeting
Twitter Inc	TWTR US		Annual General Meeting
Brixmor Property Group Inc	BRX US		Annual General Meeting
Seventy Seven Energy Inc	SSE US		Annual General Meeting	Y 2015