Spark Energy - Chart of the Day

Spark Energy (SPKE) is the Barchart Chart of the Day.  The energy services company has a Trend Spotter buy signal, a Weighted Alpha of 40.60+ and gained 32.44% in the last year while paying a 7.60% dividend.

The Chart of the Day belongs to Spark Energy (SPKE).  I found the energy services stock by using Barchart to sort the Russell 3000 Index stocks for the highest number of new highs in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy in 9/17 the stock gained 12.18%.

Spark Energy, Inc. is an independent retail energy services company. It provides residential and commercial customers across the United States with an alternative choice for their natural gas and electricity. The company is involved in the retail distribution of natural gas and electricity. It also offers renewable and carbon neutral products. Spark Energy, Inc. 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:

• 96% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 12.72% in the last month
• Relative Strength Index 64.87%
• Barchart computes a technical support level at 17.64
• Recently traded at 18.69 with a 50 day moving average of 17.00

Fundamental factors:

• Market Cap $258.86 million
• P/E 8.29
• Dividend yield 7.60%
• Revenue expected to grow 11.90% this year and another 9.60% next year
• Earnings estimated to increase 7.40% this year
• Wall Street analysts issued 2 strong buy, 1 buy and 1 hold recommendation on the stock

The 20-100 Day MACD Oscillator has been the most reliable technical trading strategy for this stock.

MORNING CALL 11/27

MORNING CALL

Friday, November 27th, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ15 +0.12%) are up +0.07% at a 3-week high and European stocks are up +0.21% at a 3-1/4 month high after Eurozone Nov economic confidence remained at a 4-1/2 year high and on speculation the ECB will boost stimulus when it meets next Thursday. Optimism over Black Friday retail sales is giving U.S. equities a boost after Adobe Systems reported a surge in e-commerce sales on Thanksgiving day with an expected $1.7 billion expected to be spent online, a +22% increase from last year. U.S. and European stocks shook off early losses when China's Shanghai Composite plunged -5.48% to a 3-week low on concern over China's economy after industrial profits fell last month for a fifth month. Asian stocks settled mostly lower: Japan -0.30%, Hong Kong -1.87%, China -5.48%, Taiwan -1.02%, Australia -0.16%, Singapore -0.89%, South Korea-0.14%, India +0.65%.

The dollar index (DXY00 +0.28%) is up +0.28%. EUR/USD (^EURUSD) is down -0.24%. USD/JPY (^USDJPY) is up +0.02%.

Dec T-note prices (ZNZ15 +0.17%) are up +6 ticks at a 3-week high on carryover support from a rally in German bunds to a 4-week high.

China Oct industrial profits fell -4.6% y/y, the fifth consecutive month that profits have declined. China industrial profits from Jan-Oct are down -2.0% y/y.

Eurozone Nov economic confidence was unch from Oct at 106.1, which was revised upward from 105.9 and the highest in 4-1/2 years.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) the extent of Black Friday shopping activity.

None of the Russell 3000 companies report earnings today.

U.S. IPO's scheduled to price today: none.

Equity conferences today: none.

OVERNIGHT U.S. STOCK MOVERS

Amazon.com (AMZN +0.62%) rose 0.5% in pre-market trading after Adobe Systems reported a surge in e-commerce sales on Thanksgiving day with an expected $1.7 billion expected to be spent online, a +22% y/y increase.

Volkswagen AG (VLKAY +4.69%) was upgraded to 'Buy' from 'Hold' at LBBW.

Infineon Technologies (IFX) was upgraded to 'Buy' from 'Reduce' at Alphavalue.

SunEdison (SUNE -21.12%) rose over 2% in pre-market trading after Wednesday's 21% plunge.

KaloBios Pharmaceuticals (KBIO +44.73%) surged over 70% in pre-market trading after CEO Shkreli said he's "decided to stop lending" shares in the company until he understands "the advantage of doing so."

Imagination Technologies LLC (MIPS) fell over 2% in pre-market trading after JPMorgan Chase downgraded the stock to 'Neutral' from 'Overweight,' citing lack of growth.

American Capital (ACAS +9.50%) rose over 1% in after-hours trading after Elliot reported that it increased its stake in the company to 9.1% from 8.4%.

Amazon.com (AMZN +0.62%) said it plans to add other online networks to it Prime Instant Video service as soon as next month, according to people with knowledge of the plans.

Zagg Inc. (ZAGG +3.59%) dropped over 5% in after-hours trading after it filed to sell $100 million of common stock.

Eros International (EROS +0.98%) climbed over 1% in after-hours trading after Jupiter Asset reported a 5.14% passive stake in the company.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 +0.12%) this morning are up +1.50 points (+0.07%) at a 3-week high. Wednesday's closes: S&P 500 -0.01%, Dow Jones +0.01%, Nasdaq +0.07%. The S&P 500 on Wednesday closed little changed. Stocks received support from the -12,000 decline in U.S. weekly initial unemployment claims (vs expectations of -1,000 to 270,000) and the +1.3% increase in Oct capital goods orders nondefense ex-aircraft, stronger than expectations of +0.2%. Stocks were undercut by the weak +0.1% increase in U.S. Oct personal spending and by the unexpected -1.8 point decline in the final-Nov U.S. consumer sentiment index to 91.3, weaker than expectations of unch at 93.1.

Dec 10-year T-notes (ZNZ15 +0.17%) this morning are up +6 ticks at a 3-week high. Wednesday's closes: TYZ5 +2.50, FVZ5 +0.50. Dec T-notes on Wednesday closed higher on the weaker-than-expected Oct personal spending report of +0.1%, the unexpected -1.8 point decline in the final-Nov University of Michigan U.S. consumer sentiment index, and benign inflation pressures after the Oct core PCE deflator rose +1.3% y/y, weaker than expectations of +1.4% y/y.

The dollar index (DXY00 +0.28%) this morning is up +0.275 (+0.28%). EUR/USD (^EURUSD) is -0.0025 (-0.24%). USD/JPY (^USDJPY) is up +0.03 (+0.02%). Wednesday's closes: Dollar Index unch, EUR/USD -0.0004 (-0.04%), USD/JPY +0.21 (+0.17%). The dollar index on Wednesday rose to an 8-1/4 month high but fell back and closed unchanged. The dollar received support from the stronger-than-expected U.S. economic data on weekly jobless claims and Oct durable goods orders, which bolsters the case for a Fed interest rate increase next month. In addition, EUR/USD saw weakness and fell to a 7-1/4 month low after comments from ECB Vice President Constancio fueled speculation the ECB will expand stimulus measures at next Thursday's policy meeting when he said inflation "is very low" and "we want to ensure price stability in both directions." The dollar was undercut after the U.S. Nov University of Michigan consumer sentiment index unexpectedly fell by -1.8 points.

Jan crude oil (CLF16 -1.86%) this morning is down -93 cents (-2.16%) and Jan gasoline (RBF16 -1.09%) is down -0.0186 (-1.37%). Wednesday's closes: CLF6 +0.33 (+0.77%), RBF6 -0.0042 (-0.31%). Jan crude oil and gasoline prices on Wednesday settled mixed. Crude oil and gasoline prices were undercut by the +1.74 million bbl increase in crude supplies to a 5-1/2 month high at Cushing, OK, delivery point of WTI futures and by the +2.48 million bbl increase in EIA gasoline stockpiles (vs expectations of +950,000 bbl). Crude prices recovered from early losses and closed higher after the dollar index fell back from an 8-1/4 month high and closed unchanged.

GLOBAL EVENT CALENDAR11/27/2015

US	0830 ET	USDA weekly Export Sales.
GER	0200 ET	German Oct import price index expected -0.2% m/m and -3.9% y/y, Sep -0.7% m/m and -4.0% y/y.
UK	0200 ET	UK Nov nationwide house prices expected +0.5% m/m and +4.2% y/y, Oct +0.6% m/m and +3.9% y/y.
	0430 ET	Revised UK Q3 GDP, previous +0.5% q/q and +2.3% y/y.
	0430 ET	UK Q3 total business investment expected +0.8% q/q, Q2 +1.6% q/q and +3.1% y/y.
	0430 ET	UK Sep index of services expected +0.3% m/m and +0.8% 3-mo/3-mo, Aug unch m/m and +0.9% 3-mo/3-mo.
EUR	0500 ET	Eurozone Nov economic confidence expected unch at 105.9. Nov business climate indicator expected +0.01 to 0.45, Oct 0.44.
	0500 ET	Revised Eurozone Nov consumer confidence, preliminary +1.6 to -6.0.

U.S. STOCK CALENDAR11/27/2015

Company	Ticker	Time	Event Description	Period	Estimate
no corporate events

PBF Energy - Chart of the Day

PBF Energy (PBF) is the Barchart Chart of the Day. The petroleum refining company has a Trend Spotter buy signal, a Weighted Alpha of 57.20+ and gained 36.61% in the last year.

The Chart of the Day belongs to PBF Energy (PBF).  I found the petroleum refining stock by using Barchart to sort today's New High list for the highest number of new highs in the last month then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 10/1 the stock gained 29.71%.

PBF Energy Inc. operates as a petroleum refiner and supplier. The Company offers unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. Its refineries are located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. The company sells its products in the northeast and Midwest United States, as well as in other regions of the United States and Canada. 

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
• 16 new highs and up 34.67% in the last month
• Relative Strength Index 76.01%
• Barchart computes a technical support level at 38.91
• Recently traded at 40.78 with a 50 day moving average of 32.66

Fundamental factors:

• Market Cap $3.91 billion
• P/E 8.48
• Dividend yield 2.99%
• Revenue expected to decline 33.30% this year but increase again by 19.70% next year
• Earnings estimated to decrease 11.50% this year but increase again by 12.00% next year and continue to compound at an annual rate of 7.85% for the next 5 years
• The Wall Street analysts are all over the map with 5 strong buy, 3 buy, 5 hold, 1 under perform and a sell recommendation

The 7 Day Average Directional Indicator was an effective technical trading strategy but did cause excessive trading.

ZAGG - Chart of the Day

ZAGG (ZAGG) is the Barchart Chart of the Day.  The electronic products component company has a Trend Spotter buy signal, a Weighted Alpha of 73.40+ and gained 74.83% in the last year.

The Chart of the Day belongs to ZAGG (ZAGG).  I found the electronic products component stock by using Barchart to sort today's New High list by technical buy signals then used the Flipchart feature to review the charts,  Since the Trend Spotter signaled a buy on 10/7 the stock gained 32.98%.

ZAGG Inc. designs, manufactures and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide. ZAGG's flagship brand, the invisibleSHIELD, is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices and other items. The patent-pending invisibleSHIELD application is the first scratch protection solution of its kind on the market, and has sold over one million units. Currently, ZAGG offers over 2,500 precision pre-cut designs with a lifetime replacement warranty through online channels, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories to its tech-savvy customer base, as well as an expanded array of invisibleSHIELD products for other industries.

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 14.42% in the last month
• Relative Strength Index 73.41%
• Barchart computes a technical support level at 9.40
• Recently traded at 10.03 with a 50 day moving average of 8.27

Fundamental factors:

• Market Cap $295.40 million
• P/E 10.98
• Revenue expected to grow 4.40% this year and another 5.10% next year
• Earnings estimated to increase 76.50% this year, an additional 13.30% next year and continue to increase at an annual rate of 10.00% for the next 5 years
• Wall Street analysts issued 1 strong buy, 2 buy and 2 hold recommendations on the stock

The 50-100 Day MACD Oscillator has been an effective trading strategy for this stock

MORNING CALL 11/24

MORNING CALL

Tuesday, November 24th, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ15 -0.53%) are down -0.47% and European stocks are down -1.15% on heightened geopolitical risks in the Middle East after Turkey shot down a Russian military jet on its Syrian border. Turkey's state-run Anadolu News Agency said the Russian Su-24 jet was warned repeatedly after violating Turkish airspace before being shot down. NATO said it was watching the situation "closely" and Russian Foreign Minister Lavrov is scheduled to meet officials in Turkey tomorrow. On the positive side, German business confidence unexpectedly rose to the highest in 17 months. Asian stocks settled mixed: Japan +0.23%, Hong Kong -0.35%, China +0.16%, Taiwan -1.01%, Australia -0.95%, Singapore +0.69%, South Korea +0.65%, India -0.17%. China's Shanghai Composite closed higher after people familiar with the matter said China has canceled a rule requiring brokerages to hold daily long positions in their proprietary trading accounts, which should improve the earnings prospects of brokerages.

The dollar index (DXY00 -0.16%) is down -0.15%. EUR/USD (^EURUSD) is up +0.09%. USD/JPY (^USDJPY) is down -0.21% at a 1-week low as the yen strengthened on increased safe-haven demand as stocks fell on the downing of the Russian warplane.

Dec T-note prices (ZNZ15 +0.11%) are up +6.5 ticks at a 2-1/2 week high as government bonds climbed worldwide on increased safe-haven demand after Turkish forces on the Syrian border shot down a Russian warplane.

The German Nov IFO business climate rose +0.8 to 109.0, stronger than expectations of unch at 108.2 and the highest in 17 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) revised Q3 GDP (expected +2.1% q/q annualized vs previous +1.5%) and Q3 personal consumption (expected unrevised at +3.2%), (2) Sep S&P CaseShiller composite-20 home price index (expected +0.30% m/m and +5.10% y/y, Aug +0.11% m/m and +5.09% y/y), (3) Nov U.S. consumer confidence from the Conference Board (expected +1.9 to 99.5, Oct -5.0 to 97.6), (4) Nov Richmond Fed manufacturing survey (expected +2 to 1, Oct +4 to -1), and (5) the Treasury's auction of $13 billion of 2-year floating rate notes and $35 billion of 5-year T-notes.

There are 9 of the S&P 500 companies that report earnings today: HP (consensus $0.96), Campbell Soup (0.76), Hormel Foods (0.69), Tiffany (0.75), Patterson Companies (0.60), Dollar Tree (0.54), Signet Jewelers (0.39), Analog Devices (0.81).

U.S. IPO's scheduled to price today: Pampa Energia (PAM), QTS Realty Trust (QTS).

Equity conferences this week include: J.P. Morgan Asia Rising Dragons One-on-One Forum on Mon-Tue, INTERGAS VII Oil, Gas & Petrochemicals Conference & Exhibition on Wed.

OVERNIGHT U.S. STOCK MOVERS

Carnival Corp. (CCL -0.37%) and Royal Caribbean Cruises Ltd. (RCL +0.97%) both fell over 1% in pre-market trading after the U.S. State Department issued a global travel alert due to terror threats.

Tiffany & Co. (TIF +1.88%) reported Q3 EPS of 70 cents, below consensus of 75 cents.

Hormel Foods (HRL +1.60%) reported Q4 EPS of 74 cents, better than consensus of 69 cents.

CSRA Inc. (CSRA) will replace Computer Sciences (CSC +0.23%) in the S&P 500 after the close of trading on Friday, November 27.

Cubic (CUB +1.33%) reported Q4 adjusted EPS of 74 cents, below consensus of $1.00 and then lowered guidance on fiscal 2016 EPS to $1.30-$1.55, below consensus of $2.47.

Brocade Communication Systems (BRCD +2.44%) tumbled over 6% in after-hours trading after it reported Q4 adjusted EPS of 26 cents, better than consensus of 24 cents, but said it sees Q1 adjusted EPS of 23 cents-25 cents, weaker than consensus of 27 cents.

Xerox (XRX +2.77%) jumped more than 6% in after-hours trading after billionaire activist investor Carl Icahn said he has taken a 7.13% stake in the company.

Valeant Pharmaceuticals (VRX -3.95%) climbed nearly 3% in after-hours trading after Pershing Capital Management disclosed that it raised its stake in the company to 9.9% from 5.7%.

JM Smucker (SJM +0.12%) slid over 1% in after-hours trading after Tigress Financial Partners downgraded the stock to 'Neutral' from 'Buy.'

Dycom (DY +3.15%) reported Q1 adjusted EPS of $1.24, higher than consensus of $1.01, and said its sees Q2 revenue of $530 million-$550 million, above consensus of $527.6 million.

Post Holdings (POST -2.19%) declined over 1% in after-hours trading after it reported Q4 adjusted EPS of 6 cents, well below consensus of 26 cents.

Palo Alto (PANW +0.61%) rose over 3% in after-hours trading after it reported Q1 adjusted EPS of 35 cents, above consensus of 32 cents, and said it sees Q2 revenue of $314 million-$318 million, above consensus of $310.7 million.

Tarena International (TEDU +2.84%) gained over 5% in after-hours trading after it said it sees Q4 revenue of $54 million-$56 million, above consensus of $53.6 million.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 -0.53%) this morning are down -9.75 points (-0.47%). Monday's closes: S&P 500 +0.38%, Dow Jones +0.51%, Nasdaq +0.67%. The S&P 500 on Monday closed lower on the -3.4% decline in U.S. Oct existing home sales to 5.36 million (weaker than expectations of -2.7%to 5.40 million) and the -1.5 point drop in the preliminary U.S. Nov Markit manufacturing PMI to a 2-year low of 52.6 (weaker than expectations of -0.1 to 54.0). Stocks found support on increased M&A activity as the value of M&A deals done so far this year totals a record $3.42 trillion.

Dec 10-year T-notes (ZNZ15 +0.11%) this morning are up +6.5 ticks at a 2-1/2 week high. Monday's closes: TYZ5 +4.50, FVZ5 +1.25. Dec T-notes on Monday closed higher on the slide in stocks and the weaker-than-expected U.S Oct existing home sales and the preliminary U.S. Nov Markit manufacturing PMI reports. T-note prices were undercut, however, by hawkish comments from San Francisco Fed President Williams who said that there's a "strong case" for the Fed to raise inters rates next month.

The dollar index (DXY00 -0.16%) this morning is down -0.152 (-0.15%). EUR/USD (^EURUSD) is up +0.0010 (+0.09%). USD/JPY (^USDJPY) is down-0.26 (-0.21%) at a 1-week low. Monday's closes: Dollar Index +0.238 (+0.24%), EUR/USD -0.0010 (-0.09%), USD/JPY +0.03 (+0.02%). The dollar index on Monday climbed to a 7-1/4 month high and closed higher on the weekend comments from San Francisco Fed President Williams who said that there's a "strong case" for a Fed rate hike next month. In addition, EUR/USD slumped to a 7-1/4 month low on expectations for the ECB to boost stimulus measures at next week's ECB meeting.

Jan crude oil (CLF16 +1.49%) this morning is up +31 cents (+0.74%) and Jan gasoline (RBF16 +1.88%) is up +0.0175 (+1.36%). Monday's closes: CLF6 -0.15 (-0.36%), RBF6 +0.0294 (+2.32%). Jan crude oil and gasoline on Monday settled mixed. Crude oil prices received a boost from short covering after a story from the official Saudi Press Agency that said that Saudi Arabia says it's ready to cooperate with OPEC and non-OPEC producers to maintain stable oil prices. Crude oil prices were undercut by the rally in the dollar index to a 7-1/4 month high and by comments from Venezuelan Oil Minister Pino who said oil prices may slump to as low as the mid-$20s a barrel unless OPEC takes action to stabilize the market.

GLOBAL EVENT CALENDAR11/24/2015

US	0830 ET	Revised Q3 GDP expected +2.1% (q/q annualized), previous +1.5% (q/q annualized). Q3 personal consumption expected unrevised at +3.2%. Q3 GDP price index expected unrevised at +1.2%
	0900 ET	Sep S&P CaseShiller composite-20 home price index expected +0.30% m/m and +5.10% y/y, Aug +0.11% m/m and +5.09% y/y.
	1000 ET	Nov consumer confidence (Conference Board) expected +1.9 to 99.5, Oct -5.0 to 97.6.
	1000 ET	Nov Richmond Fed manufacturing survey expected +2 to 1, Oct +4 to -1.
	1130 ET	Treasury auctions $13 billion 2-year floating rate notes.
	1300 ET	Treasury auctions $35 billion 5-year T-notes.
GER	0200 ET	Revised German Q3 GDP, previous +0.3% q/q and +1.7% y/y.
	0400 ET	German Nov IFO business climate expected unch at 108.2. Nov IFO current assessment expected -0.2 to 112.4, Oct 112.6. Nov IFO expectations expected +0.2 to 104.0, Oct 103.8.
UK	0600 ET	UK Nov CBI reported sales expected +6 to 25, Oct 19.
JPN	1950 ET	Japan Oct PPI services expected +0.6% y/y, Sep +0.6% y/y.
CHI	2045 ET	China Nov Westpac-MNI consumer sentiment, Oct 109.7.

U.S. STOCK CALENDAR11/24/2015

Company	Ticker	Time	Event Description	Period	Estimate
Campbell Soup Co	CPB US	Bef-mkt	Q1 2016 Earnings Release	Q1 2016	0.755
Hormel Foods Corp	HRL US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.691
Tiffany & Co	TIF US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.746
Patterson Cos Inc	PDCO US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.596
Valspar Corp/The	VAL US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	1.305
Dollar Tree Inc	DLTR US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.536
Signet Jewelers Ltd	SIG US	7:00	Q3 2016 Earnings Release	Q3 2016	0.392
DSW Inc	DSW US	7:00	Q3 2016 Earnings Release	Q3 2016	0.434
Analog Devices Inc	ADI US	8:00	Q4 2015 Earnings Release	Q4 2015	0.81
Jacobs Engineering Group Inc	JEC US	8:00	Analyst Meeting	Y 2015
Campbell Soup Co	CPB US	8:30	Q1 2016 Earnings Call	Q1 2016
Tiffany & Co	TIF US	8:30	Q3 2016 Earnings Call	Q3 2016
Signet Jewelers Ltd	SIG US	8:30	Q3 2016 Earnings Call	Q3 2016
DSW Inc	DSW US	8:30	Q3 2016 Earnings Call	Q3 2016
Eaton Vance Corp	EV US	9:00	Q4 2015 Earnings Release	Q4 2015	0.587
Dollar Tree Inc	DLTR US	9:00	Q3 2016 Earnings Call	Q3 2016
Hormel Foods Corp	HRL US	9:30	Q4 2015 Earnings Call	Q4 2015
Analog Devices Inc	ADI US	10:00	Q4 2015 Earnings Call	Q4 2015
Patterson Cos Inc	PDCO US	10:00	Q2 2016 Earnings Call	Q2 2016
Eaton Vance Corp	EV US	11:00	Q4 2015 Earnings Call	Q4 2015
Valspar Corp/The	VAL US	11:00	Q4 2015 Earnings Call	Q4 2015
Copart Inc	CPRT US	11:00	Q1 2016 Earnings Call	Q1 2016
Seadrill Ltd	SDRL NO	12:00	Q3 2015 Earnings Call	Q3 2015
Veeva Systems Inc	VEEV US	16:30	Q3 2016 Earnings Call	Q3 2016
HP Inc	HPQ US	17:00	Q4 2015 Earnings Call	Q4 2015
Hewlett Packard Enterprise Co	HPE US	17:00	Q4 2015 Earnings Call	Q4 2015
HP Inc	HPQ US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.964
Veeva Systems Inc	VEEV US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.109
Hewlett Packard Enterprise Co	HPE US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.505
Cytec Industries Inc	CYT US		Special Meeting - M&A Vote
Seadrill Ltd	SDRL NO		Q3 2015 Earnings Release	Q3 2015	0.446
Intercept Pharmaceuticals Inc	ICPT US		Annual General Meeting

Aqua America - Chart of the Day

Aqua America (WTR) is the Barchart Chart of the Day.  The water supply company has  a Trend Spotter buy signal, a Weighted Alpha of 14.88+ and gained 11.61% in the last year.

The Chart of the Day belongs to Aqua America (WTR).  I found the water supply stock by using Barchart to sort today's New High list for the stocks with the highest technical buy signals then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 9/18 the stock gained 12.89%.

Aqua America is one of the largest U.S.-based, publicly traded water utilities and serves nearly 3 million people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia.

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
• 8 new highs and up 2.91% in the last month
• Relative Strength Index 62.34%
• Barchart computes a technical support level at 28.71
• Recently traded at 29.35 with a 50 day moving average of 27.70

Fundamental factors:

• Market Cap $5.19 billion
• P/E 23.22
• Divided yield 2.45%
• Revenue expected to grow 4.70% this year and another 5.40% next year
• Earnings estimated to increase 5.80% this year, an additional 7.10% next year and continue to compound at an annual rate of 5.55% for the next 5 year
• Wall Street analysts issued 4 strong buy, 2 buy and 4 hold recommendations on this stock

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

MORNING CALL 11/23

MORNING CALL

Monday, November 23rd, 2015View Older Reports

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

E-mail:  

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ15 -0.01%) are down -0.14% and European stocks are down -0.36% after weekend comments from San Francisco Fed President Williams that there's a "strong case" for a Fed rate hike next month sparked a sell-off in commodity prices. Crude oil (CLF16 +0.62%) is down-1.74%, which undercut energy and raw material producers, while the price of copper (HGZ15 -1.44%) dropped -1.95% to a fresh 6-1/2 year low, which also pressured mining stocks with Freeport McMoRan and BHP Billiton both down nearly 2%. U.S. stock futures rebounded from their worst levels on increased M&A activity after Pfizer and Allergan announced that they will merge in a deal valued at over $150 billion. Losses in European stocks were contained after the Eurozone Nov Markit composite PMI expanded at its fastest pace in 4-1/2 years. Asian stocks settled mixed: Japan closed for holiday, Hong Kong -0.39%, China -0.56%, Taiwan +0.24%, Australia +0.39%, Singapore -0.49%, South Korea +0.46%, India -0.19%.

The dollar index (DXY00 +0.14%) is up +0.30% at a 7-1/4 month high after comments from San Francisco Fed President Williams bolstered the case for a Fed rate hike next month. EUR/USD (^EURUSD) is down -0.20% at a 7-1/4 month low. USD/JPY (^USDJPY) is up +0.30%.

Dec T-note prices (ZNZ15 -0.21%) are down -7 ticks.

San Francisco Fed President Williams said there's a "strong case" for a Federal Reserve interest rate increase in December assuming U.S. economic data continues to be encouraging.

The Eurozone Nov Markit composite PMI rose +0.5 to 54.4, stronger than expectations of +0.1 to 54.0 and the fastest pace of expansion in 4-1/2 years.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Oct Chicago Fed national activity index (expected +0.45 to 0.08, Sep +0.02 to -0.37), (2) preliminary Nov Markit manufacturing PMI (expected -0.1 to 54.0, Oct +1.0 to 54.1), (3) Oct existing home sales (expected -2.7% to 5.40 million, Sep +4.7% to 5.55 million), and (4) the Treasury's auction of $26 billion 2-year T-notes.

There are 7 of the Russell 1000 companies that report earnings today: Tyson Foods (consensus $0.88), Jacobs Engineering (0.77), GameStop (0.59), Mallinckrodt (1.76), Copart (0.43), Brocade Communications (0.24), Palo Alto Networks (0.32).

U.S. IPO's scheduled to price today: Adnina Acquisition Corp II (ANDAU).

Equity conferences this week include: J.P. Morgan Asia Rising Dragons One-on-One Forum on Mon-Tue, INTERGAS VII Oil, Gas & Petrochemicals Conference & Exhibition on Wed.

OVERNIGHT U.S. STOCK MOVERS

Freeport McMoRan (FCX -1.90%) and Royal Gold (RGLD -2.99%) are both down nearly 2% in pre-market trading as metals prices plunged in early trade on Monday, with Dec copper falling to a fresh 6-1/2 year low.

Tyson Foods (TSN -1.82%) reported Q4 EPS of 83 cents, below consensus of 88 cents.

Chipolte Mexican Grill (CMG -12.32%) was downgraded to 'Neutral' from 'Buy' at Sterne Agee CRT.

Novartis (NVS -0.25%) was cut to 'Hold' from 'Buy' at Vontobel.

Kellog (K -0.33%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse with a price target of $76.

Allergan Plc (AGN +3.45%) is up over 5% in pre-market trading on speculation that Pfizer may acknowledge, as soon as today, a deal that it will acquire the company in an agreement worth more than $150 billion.

Panerea Bread (PNRA +0.20%) was upgraded to 'Buy' from 'Hold' at Maxim Group with a 12-month price target of $210.

Hewlett Packard (HPQ +1.96%) was upgraded to 'Buy' from 'Hold' at Maxim Group with a 2-month price target of $17.

Peabody Energy (BTU -4.65%) will sell New Mexico and Colorado coal assets for $358 million to Bowie Resource Partners LLC, which will also assume $105 million in liabilities.

Novacure (NVCR -1.65%) jumped over 10% in after-hours trading after Phase 3 data showed brain cancer patients who were treated with its Tumor Treating Fields therapy lived longer than patients who received chemotherapy alone.

TerraForm Power (TERP +9.65%) rose over 1% in after-hours trading after BlueMountain Capital raised its stake in the company to 10.1% from 7.3%.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 -0.01%) this morning are down -3.00 points (-0.14%). Friday's closes: S&P 500 +0.38%, Dow Jones +0.51%, Nasdaq +0.67%. The S&P 500 on Friday posted a 2-week high and closed higher on ECB President Draghi's indication that the ECB may expand stimulus when it meets next month when he said the ECB will do what's necessary to raise inflation "as quickly as possible." In addition, there were upbeat comments from St. Louis Fed President Bullard who said that U.S. financial conditions have improved and the probability for a hard landing in China's economy has not risen.

Dec 10-year T-notes (ZNZ15 -0.21%) this morning are down -7 ticks. Friday's closes: TYZ5 -3.50, FVZ5 -1.75. Dec T-notes on Friday rallied to a 2-week high but erased their gains and closed lower. T-note prices were undercut by the rally in the S&P 500 to a 2-week high, which reduced the safe-haven demand for T-notes. T-notes were also undercut by the rise in the 10-year T-note breakeven inflation expectations rate to a 2-1/2 month high.

The dollar index (DXY00 +0.14%) this morning is up +0.302 (+0.30%) at a 7-1/4 month high. EUR/USD (^EURUSD) is down -0.0021 (-0.20%) at a 7-1/4 month low. USD/JPY (^USDJPY) is up +0.37 (+0.30%). Friday's closes: Dollar Index +0.576 (+0.58%), EUR/USD -0.0088 (-0.82%), USD/JPY -0.06(-0.05%). The dollar index on Friday closed higher on St. Louis Fed President Bullard's comment that the probabilities of an end to zero interest rates in the U.S. "have increased." In addition, there was weakness in EUR/USD sparked by ECB President Draghi's suggestion that the ECB will expand QE at the Dec 3 ECB meeting when he said that policy makers will do what they must to raise inflation "as quickly as possible."

Jan crude oil (CLF16 +0.62%) this morning is down -73 cents (-1.74%) and Jan gasoline (RBF16 +1.59%) is down -0.0025 (-0.20%). Friday's closes: CLF6 +0.18 (+0.43%), RBF6 -0.0008 (-0.06%). Jan crude oil and gasoline on Friday settled mixed. Metals were boosted by the rally in the S&P 500 to a 2-week high, which bolsters confidence in the economic outlook and energy demand, and by expectations for U.S. oil production to fall after Baker Hughes reported that active U.S. oil rigs fell by 10 rigs in the week ended Nov 20 to a 5-1/3 year low of 564 rigs. Crude prices were undercut by the stronger dollar and the ongoing crude oil supply glut with U.S. crude supplies over 100 million bbl above the seasonal 5-year average.

GLOBAL EVENT CALENDAR11/23/2015

US	0830 ET	Oct Chicago Fed national activity index expected +0.45 to 0.08, Sep +0.02 to -0.37.
	0945 ET	Preliminary Nov Markit manufacturing PMI expected -0.1 to 54.0, Oct +1.0 to 54.1.
	1000 ET	Oct existing home sales expected -2.7% to 5.40 million, Sep +4.7% to 5.55 million.
	1100 ET	USDA weekly grain export inspections.
	1300 ET	Treasury auctions $26 billion 2-year T-notes.
	1500 ET	USDA Oct Cold Storage.
	1600 ET	USDA weekly crop progress.
GER	0330 ET	German Nov Markit/BME manufacturing PMI expected -0.1 to 52.0, Oct 52.1. Nov Markit services PMI expected -0.1 to 54.4, Oct 54.5.
EUR	0400 ET	Eurozone Nov Markit manufacturing PMI expected unch at 52.3. Nov Markit composite PMI expected +0.1 to 54.0, Oct 53.9.
JPN	2035 ET	Japan Nov Nikkei manufacturing PMI, Oct 52.4.

U.S. STOCK CALENDAR11/23/2015

Company	Ticker	Time	Event Description	Period	Estimate
Jacobs Engineering Group Inc	JEC US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.772
GameStop Corp	GME US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.593
Mallinckrodt PLC	MNK US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	1.763
Tyson Foods Inc	TSN US	7:30	Q4 2015 Earnings Release	Q4 2015	0.881
Mallinckrodt PLC	MNK US	8:30	Q4 2015 Earnings Call	Q4 2015
Tyson Foods Inc	TSN US	9:00	Q4 2015 Earnings Call	Q4 2015
Jacobs Engineering Group Inc	JEC US	11:00	Q4 2015 Earnings Call	Q4 2015
GameStop Corp	GME US	11:00	Q3 2016 Earnings Call	Q3 2016
Palo Alto Networks Inc	PANW US	16:30	Q1 2016 Earnings Call	Q1 2016
Copart Inc	CPRT US	Aft-mkt	Q1 2016 Earnings Release	Q1 2016	0.426
Brocade Communications Systems Inc	BRCD US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.244
Palo Alto Networks Inc	PANW US	Aft-mkt	Q1 2016 Earnings Release	Q1 2016	0.318
Brocade Communications Systems Inc	BRCD US	17:30	Q4 2015 Earnings Call	Q4 2015

Bought Emergent Biosolutions

This morning I added Emergent Biosolutions (EBS) to the Barchart Van Meerten New High portfolio for excellent price momentum:

Barchart technical indicators:

• 80% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 19.24% in the last month
• Relative Strength Index 74.15
• Barchart computes a technical support level at 36.67
• Recently traded at 37.37 with a 50 day moving average of 32.12