Footlocker Sell Signals

Today I deleted Footlocker (FL) from the Barchart Van Meerten New High portfolio for very negative price momentum.

Barchart technical indicators:

• 100% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 50-100 Day MACD Oscillator sell signal
• 24.87% off its recent high
• Relative Strength Index 24.40%
• Recently traded at 58.04 which is below its 50 day moving average of 69.82

Amerco - Chart of the Day

Amerco (UHAL) is the Chart of the Day.  The rental moving and storage company has a Trend Spotter buy signal, a Weighted Alpha of 54.30+ and gained 50.60% in the last year.

The Chart of the Day belongs to Amerco (UHAL).  I found the rental moving and storage stock by using Barchart to sort the Russell 3000 Index stocks first by a Weighted Alpha of 50.00+ or more, then by technical buy signals of 80% or better, then last for a 50-100 Day MACD oscillator buy signal.  As always I use the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/28 the stock gained 4.24%.

Amerco is the holding company for U-Haul International, Inc., Amerco Real Estate Company, Republic Western Insurance Company and Oxford Life Insurance Company. AMERCO operates in four industry segments: Moving and Storage Operations (U-Haul), Real Estate, Property and Casualty Insurance (Republic) and Life Insurance (Oxford). The moving and self-storage operations consist of the rental of trucks and trailers, sale of moving aids such as boxes and the rental of self-storage spaces to the do-it-yourself mover.

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
• 54.30+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 4.71% in the last month
• Relative Strength Index 64.57%
• Barchart computes a technical support level at 396.83
• Recently traded at 420.06 with a 50 day moving average of 405.55

Fundamental factors:

• Market Cap $8.24 billion
• P/E 17.54
• Analysts didn't make revenue projections
• Somehow they estimate earnings will increase by 22.70% this year, an additional 11.10% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 1 strong buy and 1 buy recommendation on this stock

The 50-100 Day MACD Oscillator has been a very reliable technical trading strategy for this stock.

Loxo Oncology - Chart of the Day

Loxo Oncology is a repeat Barchart Chart of the Day.  The biopharmaceutical company has a Trend Spotter buy signal, a Weighted Alpha of 131.40+ and gained 144.62% in the last year.

The Chart of the Day belongs to Loxo Oncology (LOXO).  I found the stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha of 50.00+ or more, then for a 50 - 100 Day MACD Oscillator buy signal, then again for technical buy signals of 80% or better.  Last I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/15 the stock gained 21.99%.

Loxo Oncology, Inc. is a biopharmaceutical company. It develops targeted small molecule therapeutics for the treatment of cancer in genetically defined patient populations. Loxo Oncology, Inc. is headquartered in Stamford, Connecticut.

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
• 131.40+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 42.92% in the last month
• Relative Strength Index 63.32%
• Barchart computes a technical support level at 26.59
• Recently traded at 27.74 with a 50 day moving average of 22.22

Fundamental factors:

• Market Cap $462.98 million
• The analysts haven't made reliable projections on revenue or earnings
• In spite of not making projections they issued 2 strong buy and 2 buy recommendations on the stock

There hasn't been a reliable technical trading strategy for this stock so I'd advice a trailing stop loss to protect your gains.

The 5 Best Large Caps

I wanted to find the 5 best large cap stocks so I used Barchart to sort the S&P 500 Large Cap Index stocks first by a Weighted Alpha of 50.00+ or more, then a 50-100 Day MACD Oscillator buy signal then for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.  The stocks with the highest technical buy signals were Molson Coors Brewing (TAP), Scana (SCG), Newell Rubbermaid (NWL), General Electric (GE) and Verisign (VRSN).

Molson Coors Brewing (TAP)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up 17.10% in the last month
• Relative Strength Index 70.96%
• Barchart computes a technical support level at 84.76
• Recently traded at 92.22 with a 50 day moving average of 82.94

Scana (SCG)

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 7.94% in the last month
• Relative Strength Index 63.73%
• Barchart computes a technical support level at 59.26
• Recently traded at 60.11 with a 50 day moving average of 55.48

Newell Rubbermaid (NWL)

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 6.54% in the last month
• Relative Strength Index 65.55%
• Barchart computes a technical support level at 43.81
• Recently traded at 44.98 with a 50 day moving average of 42.32

General Electric (GE)

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 8.51% in the last month
• Relative Strength Index 71.38%
• Barchart computes a technical support level at 29.94
• Recently traded at 30.48 with a 50 day moving average of 27.28

Verisign (VRSN)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 9.94% in the last month
• Relative Strength Index 69.49%
• Barchart computes a technical support level at 81.14
• Recently traded at 82.53 with a 50 day moving average of 74.25

MORNING CALL 11/12

MORNING CALL

Thursday, November 12th, 2015View Older Reports

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

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You will also receive a free subscription to the Barchart family of newsletters.

OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ15 +0.05%) are up +0.02% ahead of speeches today by Fed Chair Yellen and several other FOMC members who are all expected to discuss monetary policy and may provide a clue as to the certainty of an interest rate hike next month. European stocks are down -0.55%, led by a 20% plunge in Rolls-Royce Holdings Plc after the company warned ifs 2016 profit may take a nearly $1 billion hit from lower demand for aircraft engines. Stocks also fell after ECB President Draghi warned that downside economic risks from global growth are "clearly visible." Asian stocks settled mixed: Japan +0.03%, Hong Kong +2.40%, China -0.48%, Taiwan +0.16%, Australia +0.06%, Singapore -0.76%, South Korea -0.29%, India closed for holiday. Japan's Nikkei Stock Index eked out a new 2-1/2 month high as USD/JPY remains near a 2-1/2 month high and the weak yen boosted Japanese exporters as their earnings prospects improve. China's Shanghai Composite closed lower after a gauge of new credit in China rose by the least in 15 months last month.

The dollar index (DXY00 +0.14%) is up +0.16%. EUR/USD (^EURUSD) is down -0.29% on comments from ECB President Draghi that signal the ECB may expand stimulus. USD/JPY (^USDJPY) is up +0.13%.

Dec T-note prices (ZNZ15 +0.06%) are up +3 ticks.

ECB President Draghi signaled that he may step up stimulus measure when he said that "signs of a sustained turnaround in core inflation have somewhat weakened" and that "downside risks stemming from global growth and trade are clearly visible."

China Oct new yuan loans rose by 513.6 billion yuan, less than expectations of 800 billion yuan and the smallest gain in 15 months. Oct aggregate financing, the broadest measure of new credit, rose by 476.7 billion yuan, less than half expectations of 1.050 trillion yuan and also the smallest increase in 15 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly initial unemployment claims (expected -6,000 to 270,000, previous +6,000 to 276,000) and continuing claims (expected -8,000 to 2.155 million, previous +17,000 to 2.163 million), (2) St. Louis Fed President James Bullard's speech on monetary policy at a conference hosted by the Caito Institute, (3) Fed Chair Janet Yellen's opening remarks at a Fed policy conference on “Monetary Policy Implementation and Transmission in the Post-Crisis Period,” (4) Sep JOLTS job openings (expected +30,000 to 5.400 million, Aug -298,000 to 5.370 million), (5) Chicago Fed President Charles Evans' speech on monetary policy and the economic outlook at the National Communities Council Fall Leadership Forum, (6) New York Fed President William Dudley's speech on the economic outlook and what it means for monetary policy at an Economic Club of New York luncheon, (7) the Treasury's auction of $16 billion of 30-year T-bonds, (8) Oct monthly budget statement (expected -$130.00 billion, Sep +$91.06 billion), and (9) Fed Vice Chair Stanley Fisher's speech on incorporating financial stability into monetary policy at a conference hosted by the Fed Board.

There are 8 of the S&P 500 companies that report earnings today: Cisco (consensus $0.56), Viacom (1.55), Applied Materials (0.29), Helmerich & Payne (0.05), Advance Auto Parts (2.09), Kohl's (0.69), Nordstrom (0.72), Fossil Group (1.19).

U.S. IPO's scheduled to price today: Extended Stay Amercia (STAY), Mesoblast (MBLTY), Instructure Inc (INST), LoanDepot (LDI), American CareSource (GNOW).

Equity conferences during the remainder of this week include: none.

OVERNIGHT U.S. STOCK MOVERS

Kohl's (KSS -5.35%) reported Q3 EPS of 75 cents, higher than consensus of 69 cents.

Advanced Auto Parts (AAP +0.29%) reported Q3 EPDS of $1.95, below consensus of $2.09.

Viacom (VIAB +1.96%) reported Q4 EPS of $1.54, less than consensus of $1.55.

Helmerich & Payne (HP -5.31%) reported Q4 EPS of 4 cents, below consensus of 5 cents.

Flower Foods (FLO -1.19%) dropped over 3% in after-hours trading after it reported Q3 EPS of 23 cents, right on consensus, but then lowered guidance on fiscal 2015 EPS to 96 cents-98 cents from an Aug estimate of 96 cents-$1.01, below consensus of $1.00.

NetEase (NTES +2.01%) climbed 2% in after-hours trading after it reported Q3 net revenue of $1.05 billion, higher than consensus of $883.8 million.

NCR Corp. (NCR +0.26%) rose over 4% in after-hours trading after Dow Jones reported that Blackstone is near a deal to pay $800 million for a 15% stake in the company.

Popeyes Louisiana Kitchen (PLKI -1.56%) jumped over 5% in after-hours trading after it reported Q3 adjusted EPS of 47 cents, better than consensus of 45 cents.

Shell Midstream Partners LP (SHLX -1.73%) slid over 4% in after-hours trading after it announced that it plans a 8 million-unit offering to fund its Pecten deal.

JetBlue Airways (JBLU +0.08%) reported that preliminary passenger revenue per available mile (PRASM) for the month of October fell -2% y/y.

IAC/InterActiveCorp offered to buy Angie's List (ANGI +1.02%) for $8.75 a share, a 10% premium to Wednesday's closing price of $7.92.

Freshpet (FRPT -4.99%) slumped over 15% in after-hours trading after it reported a Q3 EPS loss of -5 cents, wider than consensus of a -3 cent loss, and then lowered its 2015 sales estimate to $115.5 million-$117 million from a previous estimate of $117 million-$119.5 million, below consensus of $118.4 million.

Mast Therapeutics (MSTX unch) vepoloxame drug to treat sickle cell disease may be on the market in the U.S. by 2017 and 2018 in Europe according to Maxim.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 +0.05%) this morning are up +0.50 of a point (+0.02%). Wednesday's closes: S&P 500 -0.32%, Dow Jones -0.32%, Nasdaq-0.10%. The S&P on Wednesday closed lower on weakness in retailers led by a 14% plunge in Macy's after it cut its profit forecast for this year. In addition, energy and commodity producers showed weakness after crude oil dropped to a 2-week low and copper sank to a 6-1/3 year low. Stocks found underlying support from reduced concern about China's economy after China Oct retail sales rose +11.0% y/y, stronger than expectations of +10.9% y/y and the fastest pace of increase since Dec 2014. Stocks also found support from increased M&A activity after Anheuser-Busch InBev NV submitted a formal offer to buy SABMiller Plc for $107 billion.

Dec 10-year T-notes (ZNZ15 +0.06%) this morning are up +3 ticks. Wednesday's closes: TYZ5 -7.50, FVZ5 -4.25. Dec T-notes on Wednesday closed lower on hawkish comments from San Francisco Fed President Williams who said there's a "very strong case" for the Fed to raise interest rates if the economy continues to improve. T-notes also saw supply pressures before the Treasury auctions $16 billion of 30-year T-bonds on Thursday.

The dollar index (DXY00 +0.14%) this morning is up +0.157 (+0.16%). EUR/USD (^EURUSD) is down -0.0031 (-0.29%). USD/JPY (^USDJPY) is up +0.16 (+0.13%). Wednesday's closes: Dollar Index -0.280 (-0.28%), EUR/USD +0.0019 (+0.18%), USD/JPY -0.29 (-0.24%). The dollar index on Wednesday closed lower on strength in EUR/USD after ECB Executive Board member Coeure said the ECB is not committed to further easing at its December meeting and will decide based on economic data. In addition, ECB Governing Council member Hansson dampened speculation that the ECB might cut the deposit rate when it meets in December when he said there's no need for the ECB to cut policy rates at the moment.

Dec crude oil (CLZ15 -0.54%) this morning is down -7 cents (-0.16%) and Dec gasoline (RBZ15 -0.35%) is up +0.0017 (+0.13%). Wednesday's closes: CLZ5 -1.28 (-2.90%), RBZ5 -0.0296 (-2.17%). Dec crude oil and gasoline prices on Wednesday closed lower with Dec cruse at a 2-week low and Dec gasoline at a 1-1/2 week low. Crude oil prices were undercut by Tuesday's late API data showing that U.S. crude supplies rose 6.3 million bbl last week. Crude oil prices were also hurt by comments from two unnamed OPEC delegates who said the cartel may consider raising its production target by +1.0 million bpd at the Dec 4 OPEC meeting to accommodate production from new OPEC member Indonesia.

GLOBAL EVENT CALENDAR11/12/2015

US	0830 ET	Weekly initial unemployment claims expected -6,000 to 270,000, previous +6,000 to 276,000. Weekly continuing claims expected-8,000 to 2.155 million, previous +17,000 to 2.163 million.
	0915 ET	St. Louis Fed President James Bullard speaks on monetary policy at a conference hosted by the Caito Institute.
	0930 ET	Fed Chair Janet Yellen delivers opening remarks at a Fed policy conference on Monetary Policy Implementation and Transmission in the Post-Crisis Period.
	1000 ET	Sep JOLTS job openings expected +30,000 to 5.400 million, Aug -298,000 to 5.370 million.
	1015 ET	Chicago Fed President Charles Evans speaks on monetary policy and the economic outlook at the National Communities Council Fall Leadership Forum.
	1100 ET	EIA Weekly Petroleum Status Report.
	1100 ET	Treasury announces amount of 10-year TIPS to be auctioned on Nov 19.
	1210 ET	New York Fed President William Dudley speaks on the economic outlook and what it means for monetary policy at an Economic Club of New York luncheon.
	1300 ET	Treasury auctions $16 billion 30-year T-bonds.
	1400 ET	Oct monthly budget statement expected -$131.50 billion, Sep +$91.06 billion.
	1800 ET	Fed Vice Chair Stanley Fisher delivers a speech on incorporating financial stability into monetary policy at a conference hosted by the Fed Board.
GER	0200 ET	Revised German Oct CPI (EU harmonized), previous unch m/m and +0.2% y/y.
EUR	0500 ET	Eurozone Sep industrial production expected -0.1% m/m and +1.3% y/y, Aug -0.5% m/m and +0.9% y/y.
JPN	2330 ET	Revised Japan Sep industrial production, previous +1.0% m/m and -0.9% y/y. Sep capacity utilization, Aug 0.9% m/m.
	2330 ET	Japan Sep tertiary industry index expected +0.1% m/m, Aug +0.1% m/m.

U.S. STOCK CALENDAR11/12/2015

Company	Ticker	Time	Event Description	Period	Estimate
Helmerich & Payne Inc	HP US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.051
Advance Auto Parts Inc	AAP US	Bef-mkt	Q3 2015 Earnings Release	Q3 2015	2.086
Viacom Inc	VIAB US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	1.546
Kohl's Corp	KSS US	7:00	Q3 2016 Earnings Release	Q3 2016	0.689
WW Grainger Inc	GWW US	8:00	October 2015 Sales and Revenue Release	2015
F5 Networks Inc	FFIV US	8:00	Analyst and Investor Meeting	Y 2015
Kohl's Corp	KSS US	8:30	Q3 2016 Earnings Call	Q3 2016
Viacom Inc	VIAB US	8:30	Q4 2015 Earnings Call	Q4 2015
Estee Lauder Cos Inc/The	EL US	10:00	Annual General Meeting	Y 2015
Advance Auto Parts Inc	AAP US	10:00	Q3 2015 Earnings Call	Q3 2015
Helmerich & Payne Inc	HP US	11:00	Q4 2015 Earnings Call	Q4 2015
WW Grainger Inc	GWW US	11:30	Analyst Meeting	Y 2015
Twenty-First Century Fox Inc	FOXA US	13:00	Annual General Meeting	Y 2015
WW Grainger Inc	GWW US	14:00	October 2015 Sales and Revenue Call	2015
Cisco Systems Inc	CSCO US	16:30	Q1 2016 Earnings Call	Q1 2016
Applied Materials Inc	AMAT US	16:30	Q4 2015 Earnings Call	Q4 2015
Fossil Group Inc	FOSL US	16:30	Q3 2015 Earnings Call	Q3 2015
Nordstrom Inc	JWN US	16:45	Q3 2016 Earnings Call	Q3 2016
Cisco Systems Inc	CSCO US	Aft-mkt	Q1 2016 Earnings Release	Q1 2016	0.564
Nordstrom Inc	JWN US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.723
Applied Materials Inc	AMAT US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.288
Fossil Group Inc	FOSL US	Aft-mkt	Q3 2015 Earnings Release	Q3 2015	1.187
United Parcel Service Inc	UPS US		Roadshow - Day9	Y 2015

Kite Pharma - Chart of the Day

Kite Pharma (KITE) is the Chart of the Day.  The biopharmceutical company has a Trend Spotter buy signal, a Weighted Alpha of 84.10+ and gained 93.57% in the last year.

The Chart of the Day belongs to Kite Pharma (KITE).  I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha of 50.00+ or more, then for technical buy signals of 80% or better, then again for a 50-100 Day MACD Oscillator but and eliminated stocks trading less than 100K share a day.  Finally, I always use the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/7 the stock gained 27.01%.

Kite Pharma, Inc. is a clinical-stage biopharmaceutical company. It is focused on the development and commercialization of cancer immunotherapy products. The Company is developing a pipeline of eACT-based product candidates for the treatment of solid and hematological malignancies. Kite Pharma, Inc. is headquartered in Santa Monica, California.

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
• 84.10+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 29.81% in the last month
• Relative Strength Index 74.33%
• Barchart computes a technical support level at 73.58
• Recently traded at 81.73 with a 50 day moving average of 64.52

Fundamental factors:

• Market Cap $3.52 billion
• Revenue expected to be up 16.50% next year
• Earnings estimates are all over the chart so I feel are unreliable
• Wall Street analysts still issued 4 strong buy, 2 buy and 1 hold recommendation on the stock
• The individual investors on Motley Fool voted 87 to 9 for the stock to beat the market

The 20-50 Day MACD Oscillator has been a reliable technical trading strategy for this stock.

The 5 Best Value Line Small & Mid Cap Stocks

Not only does Value Line provide analysis of  1700 larger more popular stocks but they also offer a Small & Mid Cap Survey offering analysis of 1800 smaller stocks.  One of their screens sorts all those stocks into percentiles of price growth persistence over the last 10 year period. Today I used the Value Line screener to sort those smaller stocks by stocks that were in the 80 - 100 percentile range and then used Barchart to see which stock currently had upward momentum as indicated by Barchart's technical buy indicators.

The top 5 were Home Bancshares (HOMB), Littelfuse (LFUS), Primerica (PRI), First Interstate Bancsystem (FIBK) and Bank of the Ozarks (OZRK).

Home Bancshares (HOMB)

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 14.06% in the last month
• Relative Strength Index 69.62%
• Barchart computes a technical support level at 45.17
• Recently traded at 46.85 with a 50 day moving average of 41.21

Littelfuse (LFUS)

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 21.91% in the last month
• Relative Strength Index 76.66%
• Barchart computes a technical support level at 108.51
• Recently traded at 113.30 with a 50 day moving average of 94.54

Primerica (PRI)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 7.67% in the last month
• Relative Strength Index 66.19%
• Barchart computes a technical support level at 50.71
• Recently traded at 51.52 with a 50 day moving average of 46.40

First Interstate Bancsystem (FIBK)

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 7.42% in the last month
• Relative Strength Index 65.88%
• Barchart computes a technical support level at 29.46
• Recently traded at 29.95 with a 50 day moving average of 27.77

Bank of the Ozarks (OZRK)

Barchart technical indicators:

• 96% Barchart techncial buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 nw hgihs and up 19.00% in the last month
• Relative Strength Index 76.53%
• Barchart computes a technical support level at 50.68
• Recently traded at 54.73 with a 50 day moving average of 46.27

BARCHART MORNING CALL 11/11

BARCHART MORNING CALL

Wednesday, November 11th, 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

December E-mini S&Ps (ESZ15 +0.32%) are up +0.32% and European stocks are up +0.86% after China Oct retail sales rose by the most this year. Increased M&A activity is also supportive for stocks with SABMiller Plc up +1.7% after Anheuser-Busch InBev NV made a formal offer to buy it for about $107 billion. On the negative side is weakness in miners and raw-material producers after China Oct industrial production rose at the slowest pace in nearly 7 years, which sent Dec copper (HGZ15 -0.34%) down -0.32% to a 6-1/3 year low. Also, energy producers are weaker with Dec crude oil (CLZ15-1.31%) down -1.18% to a 2-week low. Asian stocks settled mixed: Japan +0.10%, Hong Kong -0.22%, China +0.27%, Taiwan -1.43%, Australia +0.46%, Singapore -0.54%, South Korea unch, India closed for holiday. Japan's Nikkei Stock Index climbed to a 2-1/2 month high on expectations for divergent central bank policies that weaken the yen to continue as the BOJ is expected to expand stimulus while the Fed is expected to raise interest rates. This will weaken the yen, which boosts the earnings prospects of Japanese exporters.

The dollar index (DXY00 -0.11%) is down -0.10%. EUR/USD (^EURUSD) is down -0.09%. USD/JPY (^USDJPY) is unch.

Dec T-note prices (ZNZ15 -0.10%) are down -4.5 ticks.

China Oct industrial production rose +5.6% y/y, weaker than expectations of +5.8% y/y and matched the Mar 2015 gain as the slowest pace of increase in nearly 7 years.

China Oct retail sales rose +11.0% y/y, stronger than expectations of +10.9% y/y and the fastest pace of increase since Dec of 2014.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -0.8% with purchase mortgage sub-index -0.6% and refi sub-index-0.9%). Government offices and cash government bond trading are closed today for Veterans Day but Globex financial futures and stocks exchanges are open during regular hours.

There are 2 of the S&P 500 companies that report earnings today: Macy's (consensus $0.53), ADT Corp (0.48).

U.S. IPO's scheduled to price today: Loxo Oncology (LOXO).

Equity conferences today include: Baird Healthcare Conference on Mon-Wed, Edison Electric Institute Financial Conference on Mon-Wed, Robert W. Baird & Co. Industrial Conference on Mon-Wed, Bank of America Merrill Lynch Global Energy Conference on Tue-Wed, Credit Suisse Boston Financials Conference on Tue-Wed, Credit Suisse Health Care Conference on Tue-Wed, Wells Fargo Securities Technology, Media and Telecom Conference on Tue-Wed, RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on Tue-Wed, Stephens Inc Fall Investment Conference on Tue-Wed, Jefferies Energy Conference on Wed, UBS Building & Building Products CEO Conference on Wed.

OVERNIGHT U.S. STOCK MOVERS

Tyco International Plc (TYC -0.14%) was upgraded to 'Overweight' from 'Neutral' at JPMorgan Chase with a price target of $42.

Alarm.com Holdings (ALRM +4.07%) jumped 10% in after-hours trading after it reported Q3 adjusted EPS of 14 cents, well above consensus of 2 cents, and then raised guidance on fiscal 2015 adjusted EPS to 20 cents-21 cents from an August estimate of 13 cents-14 cents, above consensus of 14 cents.

MetLife (MET -0.06%) was downgraded to 'Equal Weight' from 'Overweight' at Morgan Stanley.

Horizon Pharma Plc (HZNP +0.40%) plunged 25% in pre-market trading after Express Scripts Holding said it was suing the company for $140 million for unfilled contractual obligations.

SanDisk (SNDK -1.57%) was downgraded to 'Market Perform' from 'Outperform' at Bernstein.

Sanofi (SAN -0.72%) and Regeneron Pharmaceuticals (REGN +1.14%) announced that 74% of patients in a Phase 3 clinical trial reached their pre-specified LDL cholesterol targets within 8 weeks of adding the new Praluent (alirocumab) injection to their standard-of-care.

WuXi PharmaTech (WX +0.20%) and Eli Lilly (LLY +0.88%) announced that have entered into a strategic collaboration to develop, manufacture and promote a cholesterol drug in China.

Boston Scientific (BSX +1.13%) fell nearly 4% in after-hours trading after CMS said evidence shows that percutaneous left atrial appendage closure (LAAC) therapy using an implanted device is not necessary.

ChannelAdvisor reported that Amazon (AMZN +0.64%) Oct same-store-sales rose +16.4% y/y.

Lockheed Martin (LMT -0.29%) was awarded a 5-year U.S. Air Force contract worth as much as $968.7 million to build 17 C-130J aircrafts.

Public Storage (PSA +1.00%) was rated a new 'Underweight' at BB&T Capital Markets with a 12-month price target of $217.50.

Veritex Holdings (VBTX +1.45%) filed to sell $150 million of mixed securities.

Boot Barn (BOOT +2.49%) dropped over 9% in after-hours trading after it lowered guidance on fiscal 2016 adjusted EPS to 76 cents-80 cents from an August estimate of 85 cents-90 cents, below consensus of 86 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 +0.32%) this morning are up +6.75 points (+0.32%). Tuesday's closes: S&P 500 +0.15%, Dow Jones +0.16%, Nasdaq -0.30%. The S&P on Tuesday recovered from early losses and closed higher on the subdued inflation picture indicated by the -10.5% y/y decline in Oct import prices and on the +0.5% increase in U.S. Sep wholesale trade sales, stronger than expectations of +0.1%. Stocks were hurt early by deflation risks in China after the China Oct CPI report of +1.3% y/y versus expectations of +1.5% y/y.

Dec 10-year T-notes (ZNZ15 -0.10%) this morning are down -4.5 ticks. Tuesday's closes: TYZ5 +8.50, FVZ5 +6.50. Dec T-notes on Tuesday closed higher on the larger-than-expected decline in U.S. Oct import prices and on strong foreign demand for the Treasury's $24 billion 10-year T-note auction after indirect bidders, a proxy for foreign central bank demand, purchased 60.5% of the auction, higher than the 12-auction average of 56.8%.

The dollar index (DXY00 -0.11%) this morning is down -0.097 (-0.10%). EUR/USD (^EURUSD) is down -0.0010 (-0.09%). USD/JPY (^USDJPY) is unch. Tuesday's closes: Dollar Index +0.314 (+0.32%), EUR/USD -0.0028 (-0.26%), USD/JPY -0.03 (-0.02%). The dollar index on Tuesday climbed to a 6-3/4 month high and closed higher on favorable dollar interest rate differentials after the recent rise in T-note yields and on weakness in EUR/USD which tumbled to a 6-1/2 month low on speculation the ECB will expand QE after ECB Board member and Bank of Finland Governor Liikanen said that "decelerating growth in the emerging economies threatens to dampen global activity."

Dec crude oil (CLZ15 -1.31%) this morning is down -52 cents (-1.18%) at a 2-week low and Dec gasoline (RBZ15 +0.10%) is up +0.0055 (+0.40%). Tuesday's closes: CLZ5 -0.24 (-0.55%), RBZ5 -0.0136 (-0.99%). Dec crude oil and gasoline prices on Tuesday closed lower with Dec crude at a 1-1/2 week low and Dec gasoline at a 1-week low. Crude oil prices were undercut by the rally in the dollar index to a 6-3/4 month high and by concern that China's economic slowdown is deepening after China Oct PPI fell by the most in 6 years.

GLOBAL EVENT CALENDAR11/11/2015

US	0700 ET	Weekly MBA mortgage applications, previous -0.8% with purchase mortgage sub-index -0.6% and refi sub-index -0.9%.
	n/a	Government offices and cash government bond trading closed for Veterans Day; Globex financial futures and stocks exchanges open regular hours.
CHI	0030 ET	China Oct industrial production expected +5.8% y/y, Sep +5.7% y/y.
	0030 ET	China Oct retail sales expected +10.9% y/y, Sep +10.9% y/y.
JPN	0100 ET	Japan Oct machine tool orders, Sep -19.1% y/y.
	1850 ET	Japan Oct PPI expected -0.4% m/m and -3.5% y/y, Sep -0.5% m/m and -3.9% y/y.
	1850 ET	Japan Sep machine orders expected +3.1% m/m and -4.6% y/y, Aug -5.7% m/m and -3.5% y/y.
GER	0200 ET	German Oct wholesale price index, Sep -0.6% m/m and -1.8% y/y.
UK	0430 ET	UK Oct jobless claims change expected +1,400, Sep +4,600. Oct claimant count rate expected unch at 2.3%.
	0430 ET	UK Sep average weekly earnings expected +3.2% 3-mo avg y/y, Aug +3.0% 3-mo avg y/y. Sep weekly earnings ex-bonus expected +2.6% 3-mo avg y/y, Aug +2.8% 3-mo avg y/y.
	0430 ET	UK ILO unemployment rate expected unch at 543% for the 3 months through Sep.
	1901 ET	UK Oct RICS house price balance expected 45%, Sep 44%.
EUR	0815 ET	ECB President Mario Draghi speaks at a BOE event in London.

U.S. STOCK CALENDAR11/11/2015

Company	Ticker	Time	Event Description	Period	Estimate
Macy's Inc	M US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.528
ADT Corp/The	ADT US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.478
ADT Corp/The	ADT US	8:30	Q4 2015 Earnings Call	Q4 2015
Macy's Inc	M US	9:00	Q3 2016 Earnings Call	Q3 2016
Multiple Companies	LLY US	9:00	Baricitinib Phase 3 Data (ACR) Conference Call
United Parcel Service Inc	UPS US		Roadshow - Day8	Y 2015

Parr Petroleum - Chart of the Day

Parr Petroleum (PARR) is the Chart of the Day.  The diversified energy company has a Trend Spotter buy signal, a Weighted Alpha of 60.40+ and gained 58.33% in the last year.

The Chart of the Day belongs to Parr Petroleum (PARR).  I found the diversified energy stock by using Barchart to sort the Russell 3000 Index stocks first for a Weighted Alpha of 50.00+ or more, then for technical buy signals of 80% or better , then again for a 50-100 Day MACD Oscillator buy signal.  Last I use the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy in 9/24 the stock gained 18.87%.

Par Petroleum Corporation operates as a diversified energy company. It operates in three segments: Refining, Distribution, and Marketing; Natural Gas and Oil Operations; and Commodity Marketing and Logistics Operations. The Refining, Distribution, and Marketing segment owns and operates a refinery that produces sulphur diesel, gasoline, jet fuel, marine fuel, and other associated refined products. The Natural Gas and Oil Operations segment owns and operates natural gas reserves located in the Piceance Basin of Colorado. The Commodity Marketing and Logistics segment focuses on sourcing, transporting, marketing, and distributing crude oil from Canada and the Western United States to refining hubs in the Midwest, Gulf Coast, and East Coast regions of the United States. Par Petroleum Corporation is headquartered in Houston, Texas.

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
• 60.40+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 14.62% in the last month
• Relative Strength Index 75.13%
• Barchart computes a technical support level at 23.39
• Recently traded at 24.68 with a 50 day moving average of 21.04

Fundamental factors:

• Market Cap $914.39 million
• P/E 9.80
• Revenue expected to be down 27.70% this year buy up again by 5.10% next year
• Earnings are estimated to increase 216.90% this year and an additional 24.10% next year
• Wall Street analysts issued 1 strong buy recommendation

The 50 Day Parabolic Time/Price indicator has been a reliable technical trading strategy for this stock.

MORNING CALL 11/10

MORNING CALL

Tuesday, November 10th, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ15 -0.27%) are down -0.12% and European stocks are down -0.22% at a 1-week low as deflation concerns in China weighed on global equity markets. Miners and raw material producers are weaker after China Oct producer prices fell by the most in 6 years, which undercut industrial metals prices and sent the price of copper (HGZ15 -0.65%) down -0.78% to a 2-1/2 month low. Asian stocks settled mostly lower: Japan +0.15%, Hong Kong -1.43%, China -0.18%, Taiwan -1.22%, Australia -0.40%, Singapore closed for holiday, South Korea -1.34%, India -1.45%. Japan's Nikkei Stock index bucked the trend and closed higher as bank stocks rallied after Reuters reported that the government is considering raising the deposit limit on savings accounts by between 3 million yen ($24,347) and 5 million yen this fiscal year. Losses in Chinese stocks were limited on speculation the weaker-than-expected China Oct CPI gives the PBOC more room for monetary easing.

The dollar index (DXY00 +0.13%) is up +0.20%. EUR/USD (^EURUSD) is down -0.18% on the prospects for additional easing measures from the ECB. USD/JPY (^USDJPY) is up +0.03%.

Dec T-note prices (ZNZ15 +0.15%) are up +5.5 ticks.

ECB Board member and Bank of Finland Governor Liikanen said that "decelerating growth in the emerging economies threatens to dampen global activity" and the Governing Council "is willing and able to act by using all the instruments available within its mandate if warranted in order to maintain an appropriate degree of monetary accommodation."

Reuters reports that four unnamed ECB Governing Council members say a consensus is forming around cutting the deposit rate in December, which currently stands at -0.2%. Three of the policymakers say debate is now about the size of the rate cut with some arguing that a -0.1% reduction is already priced in by markets.

China Oct CPI rose +1.3% y/y, less than expectations of +1.5% y/y and the slowest pace of increase in 5 months.

China Oct PPI fell -5.9% y/y, right on expectations and the fastest pace of decline in 6 years.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Oct import price index (expected -0.1% m/m and -9.4% y/y, Sep -0.1% m/m and -10.7% y/y), (2) Sep wholesale inventories (expected +0.1% m/m, Aug +0.1% m/m) and Sep wholesale trade sales (expected -0.1% m/m, Aug -1.0% m/m), (3) the Treasury's auction of $24 billion of 10-year T-notes, and (4) Chicago Fed President Charles Evans' speech on a panel at a conference on government debt management.

There are 2 of the S&P 500 companies that report earnings today: DR Horton (consensus $0.63), Rockwell Automation (1.78).

U.S. IPO's scheduled to price today: Mesoblast Ltd (MBLTY), WaVe Life Sciences (SVE), Voyager Therapeutics (VYGR), Equity Bancshares (EQBK), Advanced Accelerator (AAAP), American CareSource Holdings (GNOW).

Equity conferences today include: Morgan Stanley Global Chemicals & Agriculture Conference on Mon-Tue, Baird Healthcare Conference on Mon-Wed, Edison Electric Institute Financial Conference on Mon-Wed, Robert W. Baird & Co. Industrial Conference on Mon-Wed, Citi Financial Technology Conference on Tue, J.P. Morgan Ultimate Services Investor Conference on Tue, Mizuho Securities Technology Corporate Access Day on Tue, Mitsubishi UFJ Securities: Healthcare Conference - Seattle on Tue, Bank of America Merrill Lynch Global Energy Conference on Tue-Wed, Credit Suisse Boston Financials Conference on Tue-Wed, Credit Suisse Health Care Conference on Tue-Wed, Wells Fargo Securities Technology, Media and Telecom Conference on Tue-Wed, RBC Capital Markets Technology, Internet, Media and Telecommunications Conference on Tue-Wed, Stephens Inc Fall Investment Conference on Tue-Wed, Jefferies Energy Conference on Wed, UBS Building & Building Products CEO Conference on Wed.

OVERNIGHT U.S. STOCK MOVERS

The Gap (GPS -2.81%) slid over 4% in pre-market trading after it reported Oct same-store-sales were down -3.0% y/y, weaker than estimates of down-0.4% y/y. Gap then lowered guidance on Q3 adjusted EPS to 62 cents-63 cents, below consensus of 67 cents.

DR Horton (DHI -2.14%) reported Q4 EPS of 71 cents, higher than consensus of 63 cents.

Rockwell Automation (ROK -1.11%) reported Q4 EPS of $1.57, less than consensus of $1.78.

Synchrony Financial (SYF -4.30%) will replace Genworth (GNW +0.42%) in the S&P 500 as of the close of trading on Nov 17.

Foot Locker (FL +0.36%) was downgraded to 'Neutral' from 'Buy' at Buckingham.

Rackspace Hosting (RAX -4.21%) climbed over 7% in after-hours trading after it reported Q3 EPS of 26 cents, higher than consensus of 21 cents.

International Flavors & Fragrances (IFF +0.80%) reported Q3 EPS of $1.39, higher than consensus of $1.35.

McDermott (MDR -2.60%) rose over 5% in after-hours trading after it reported Q3 adjusted EPS of 9 cents, better than consensus of 5 cents.

Caesars Entertainment (CZR -1.72%) fell over 2% in after-hours trading after it reported a continuing operations Q3 EPS loss of -$5.44 and said that results prior to Jan of 2015 have not been adjusted to reflect its filing for Chapter 11.

Lionsgate (LGF -2.77%) tumbled 6% in after-hours trading after it reported an unexpected Q2 EPS loss of -19 cents, weaker than consensus of a 6 cent profit.

OPKO Health (OPK -0.10%) rose over 5% in after-hours trading after it reported Q3 EPS of 25 cents, much better than consensus for a -2 cent loss.

Jazz Pharmaceuticals (JAZZ -1.82%) fell nearly 4% in after-hours trading after it lowered guidance on fiscal 2015 EPS to $9.45-$9.60 from an Aug estimate of $9.45-$9.75, below consensus of $9.66.

Depomed (DEPO +1.21%) climbed 6% in after-hours trading after it reported adjusted Q3 EPS of 33 cents, better than consensus of 19 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 -0.27%) this morning are down -2.50 points (-0.12%). Monday's closes: S&P 500 -0.98%, Dow Jones -1.00%, Nasdaq -1.10%. The S&P 500 on Monday sold off to a 1-week low and closed lower on concern that the slowdown in China will undercut global growth after China Oct exports fell -6.9% y/y, more than expectations of -3.2% y/y, and after China Oct imports fell -18.8% y/y, more than expectations of -15.2% y/y. In addition, the OECD cut its global economic forecast for the second time in three months, cutting its global 2015 GDP estimate to 2.9% from a Sep forecast of 3.0%.

Dec 10-year T-notes (ZNZ15 +0.15%) this morning are up +5.5 ticks. Monday's closes: TYZ5 -0.50, FVZ5 unch. Dec T-notes on Monday posted a fresh 3-1/2 month nearest-futures low but recovered and closed little changed. T-notes were undercut by negative carryover from Friday's larger-than-expected increase in U.S. Oct non-farm payrolls and on the larger-than-expected increase in U.S. Oct average hourly earnings, which bolstered the likelihood that the Fed will raise interest rates at December's FOMC meeting. T-notes were also undercut by comments from Chicago Fed President Evans, who previously argued that the Fed should wait until next year to raise interest rates, when he said he's "not predisposed" to vote against raising interest rates at the Dec FOMC meeting. T-notes recovered nearly all of their losses on increased safe-haven demand after stocks sold off.

The dollar index (DXY00 +0.13%) this morning is up +0.195 (+0.20%). EUR/USD (^EURUSD) is down -0.0019 (-0.18%). USD/JPY (^USDJPY) is up +0.04 (+0.03%). Monday's closes: Dollar Index -0.189 (-0.19%), EUR/USD +0.0011 (+0.10%), USD/JPY +0.05 (+0.04%). The dollar index on Monday closed lower on strength in EUR/USD after the Eurozone Nov Sentix investor confidence rose more than expected. The dollar index was also undercut by the weaker-than-expected China Oct exports and imports report that signaled weakness in China's economy that may slow global growth and prompt the Fed to delay an interest rate increase.

Dec crude oil (CLZ15 +0.59%) this morning is up +12 cents (+0.27%) and Dec gasoline (RBZ15 -0.30%) is down -0.0090 (-0.66%). Monday's closes: CLZ5 -0.42 (-0.95%), RBZ5 +0.0021 (+0.15%). Dec crude oil and gasoline on Monday settled mixed with Dec crude at a 1-week low. Crude oil prices were undercut by concerns about global economic growth after the weak Chinese trade report and after the OECD cut its 2015 and 2016 global GDP estimates. Gasoline prices found support on the weaker dollar and the increase in the crack spread to a 2-month high, which signals strong demand for gasoline and distillate products.

GLOBAL EVENT CALENDAR11/10/2015

US	0830 ET	Oct import price index expected -0.1% m/m and -9.4% y/y, Sep -0.1% m/m and -10.7% y/y.
	1000 ET	Sep wholesale inventories expected +0.1% m/m, Aug +0.1% m/m. Sep wholesale trade sales expected -0.1% m/m, Aug -1.0% m/m.
	1200 ET	USDA Nov WASDE crop production.
	1300 ET	Treasury auctions $24 billion 10-year T-notes.
	1715 ET	Chicago Fed President Charles Evans speaks on a panel at a conference on government debt management.
JPN	0000 ET	Japan Oct eco-watchers survey current expected +0.5 to 48.0, Sep 47.5. Oct eco-watchers survey outlook expected +0.2 to 49.3, Sep 49.1.

U.S. STOCK CALENDAR11/10/2015

Company	Ticker	Time	Event Description	Period	Estimate
DR Horton Inc	DHI US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.627
Rockwell Automation Inc	ROK US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	1.78
Ventas Inc	VTR US	8:30	Investor Day	Y 2015
Rockwell Automation Inc	ROK US	8:30	Q4 2015 Earnings Call	Q4 2015
Cummins Inc	CMI US	9:00	Analyst Day	Y 2015
International Flavors & Fragrances Inc	IFF US	10:00	Q3 2015 Earnings Call	Q3 2015
DR Horton Inc	DHI US	10:00	Q4 2015 Earnings Call	Q4 2015
McDonald's Corp	MCD US	13:00	Investor Meeting	Y 2015
Broadcom Corp	BRCM US	14:00	Extraordinary Shareholders Meeting	Y 2015
Avago Technologies Ltd	AVGO US	14:00	Extraordinary Shareholders Meeting
AGL Resources Inc	GAS US		Shareholders Meeting
Automatic Data Processing Inc	ADP US		Annual General Meeting
Corning Inc	GLW US		Shareholders Meeting
EI du Pont de Nemours & Co	DD US		Shareholders Meeting
Duke Energy Corp	DUK US		Shareholders Meeting
Emerson Electric Co	EMR US		Shareholders Meeting
EQT Corp	EQT US		Shareholders Meeting
Helmerich & Payne Inc	HP US		Shareholders Meeting
CenterPoint Energy Inc	CNP US		Shareholders Meeting
Kroger Co/The	KR US		Shareholders Meeting
Eli Lilly & Co	LLY US		Shareholders Meeting
Exelon Corp	EXC US		Shareholders Meeting
Plum Creek Timber Co Inc	PCL US		Shareholders Meeting
Sherwin-Williams Co/The	SHW US		Shareholders Meeting
JM Smucker Co/The	SJM US		Shareholders Meeting
BB&T Corp	BBT US		Shareholders Meeting
TECO Energy Inc	TE US		Shareholders Meeting
United Technologies Corp	UTX US		Shareholders Meeting
WEC Energy Group Inc	WEC US		Shareholders Meeting
PACCAR Inc	PCAR US		Shareholders Meeting
Costco Wholesale Corp	COST US		Shareholders Meeting
Linear Technology Corp	LLTC US		Shareholders Meeting
United Parcel Service Inc	UPS US		Roadshow - Day7	Y 2015
Darden Restaurants Inc	DRI US		Shareholders Meeting
Darden Restaurants Inc	DRI US		Shareholders Meeting
Diamond Offshore Drilling Inc	DO US		Shareholders Meeting
Principal Financial Group Inc	PFG US		Roadshow - Day 2	Y 2015
Cimarex Energy Co	XEC US		Shareholders Meeting
Avago Technologies Ltd	AVGO US		Special Meeting - M&A Vote
Spectra Energy Corp	SE US		Shareholders Meeting
Visa Inc	V US		Shareholders Meeting
Visa Inc	V US		Shareholders Meeting
Visa Inc	V US		Shareholders Meeting