Photronics - Chart of the Day

Photronics (PLAD) is the Barchart Chart of the Day.  The  photomask company has a Trend Spotter buy signal, a Weighted Alpha of 63.30+ and gained 50.49% in the last year.

The Chart of the Day belongs to Photronics (PLAB).  I found the photomask manufacturer by using Barchart to sort the Russell 3000 Index stocks first for the highest number of new highs in the last month, then again for technical buy signals above 80%.  I then used the Flpchart feature to find the chart I liked.  Since the Trend Spotter signaled a buy on 10/1 the stock gained 32.90%.

Photronics is a leading worldwide manufacturer of photomasks. Photomasks are high precision quartz plates that contain microscopic images of electronic circuits. A key element in the manufacture of semiconductors and flat panel displays, photomasks are used to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, a variety of flat panel displays and, to a lesser extent, other types of electrical and optical components. They are produced in accordance with product designs provided by customers at strategically located manufacturing facilities in Asia, Europe, and North America.

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
• 15 new highs and up 22.65% in the last month
• Relative Strength Index 72.93%
• Barchart computes a technical support level at 12.07
• Recently traded at 12.40 with a 50 day moving average of 10.28

Fundamental factors:

• Market Cap $827.95 million
• P/E 19.78
• Revenue expected to grow 7.90% this year and another 4.30% next year
• Earnings estimated to increase 28.10% this year, an additional 19.50% next year and continue to compound at an annual rate of 10.00% for the next 5 years
• Wall Street analysts issued 2 strong buy and 3 buy recommendations on the stock

None of the regular technical trading strategies have been reliable on this stock.

Crown Media - Sell Signals

Today I deleted Crown Media (CRWN) from the Barchart Van Meerten New High portfolio for negative price momentum.

Barchart technical indicators:

• 72% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day  moving averages
• 15.75% off its recent high
• Relative Strength Index 29.18%
• Recently traded at 5.17 which is below its 50 day moving average of 5.72

MORNING CALL 12/11

MORNING CALL

Friday, December 11th, 2015View Older Reports

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

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 -0.86%) are down -0.77% at a 3-1/2 week low and European stocks are down -1.52% at a 1-3/4 month low on concern over a slowdown in China after China Nov new loans rose less than expected. Also, energy producers are lower as the price of crude oil (CLF16 -1.33%) fell to a fresh 6-3/4 year low after the IEA said the global oil surplus will last until late next year as demand growth slows and OPEC shoes "renewed determination" to maximize output. Asian stocks settled mostly lower: Japan +0.97%, Hong Kong -1.11%, China -0.61%, Taiwan -1.22%, Australia-0.16%, Singapore -0.49%, South Korea -0.10%, India -0.82%. Japanese stocks went against the trend and closed higher as raw-material stocks rallied and led the overall market after industrial metals rose with copper (HGH16 +1.54%) at a 3-week high.

The dollar index (DXY00 -0.17%) is down -0.20%. EUR/USD (^EURUSD)is up +0.27% after ECB Executive Board member Coeure said the Eurozone deflation risk is now "off the table." USD/JPY (^USDJPY) is down -0.14%.

Mar T-note prices (ZNH16 +0.26%) are up +7.5 ticks.

China Nov new yuan loans rose 708.9 billion yuan, less than expectations of 735.0 billion yuan.

ECB Executive Board member Coeure said the Eurozone risk is now "off the table" as the ECB "sees a recovery in the Eurozone, which is firming now. Growth is accelerating. It remains weak but it is going in the right direction."

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Nov retail sales (expected +0.2% and +0.3% ex autos, Oct +0.1% and +0.2% ex autos), (2) Nov final-demand PPI (expected unch m/m and -1.4% y/y, Oct -0.4% m/m and -1.6% y/y) and Nov PPI ex food & energy (expected +0.1% m/m and +0.2% y/y, Oct -0.3% m/m and +0.1% y/y), (3) Oct business inventories (expected +0.1%, Sep +0.3%), (4) preliminary-Dec University of Michigan U.S. consumer sentiment index (expected +0.7 to 92.0, Nov +1.3 to 91.3).

None of the Russell 1000 companies report earnings today.

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

Equity conferences today include: none.

OVERNIGHT U.S. STOCK MOVERS

Teradata (TDC +1.74%) was rated a new 'Sell' at Goldman Sachs with a price target of $26.

Chipotle Mexican Grill (CMG +5.00%) was downgraded to 'Hold' from 'Buy' at Argus.

Adobe Systems (ADBE -0.67%) rose over 5% in after-hours trading after it reported Q4 adjusted EPS of 62 cents, above consensus of 60 cents, and reported its Q4 creative cloud subscriptions rose 933,000, higher than estimates of 697,000.

Electronic Arts (EA -1.07%) rallied over 2% in after-hours trading after it said it is creating an e-sports division for live events and broadcasts.

Allegheny Technologies (ATI +14.12%) dropped more than 1% in after-hours trading after it cut its quarterly dividend to 8 cents a share from 18 cents, citing challenging market conditions for flat rolled products and grain-oriented electrical steel products.

Restoration Hardware Holdings (RH -0.69%) climbed over 7% in after-hours trading after it reported Q3 adjusted EPS of 65 cents, higher than consensus of 63 cents, and then raised guidance on Q4 revenue to $708 million-$718 million from a previous estimate of $698 million-$708 million, above consensus of $704/1 million.

JetBlue Airways (JBLU +0.43%) slipped nearly 3% in after-hours trading after it said it sees it expects its Q4 preliminary passenger revenue per available seat mile (PRASM) to fall between -2.0% and -3.0% y/y.

Finisar (FNSR -0.94%) surged over 12% in after-hours trading after it reported Q2 adjusted EPS of 25 cents, better than consensus of 23 cents.

United Technologies (UTX -0.31%) rose over 1% in after-hours trading after it revealed a $1.5 billion restructuring plan to be implemented through 2018 that it said will provide $900 million in annualized savings when completed.

Nordson (NDSN -1.10%) slid over 4% in after-hours trading after it reported Q4 adjusted EPS of 95 cents, below consensus of $1.07,

Vince Holding (VNCE +6.21%) dropped nearly 8% in after-hours trading after it reported Q3 comparable sales including e-commerce fell -12.5%, a bigger decline than consensus of -3.4%, and lowered guidance on its top end of fiscal 2015 sales to $285 million-$290 million from $285 million-$295 million, below consensus of $289.2 million.

SunEdison (SUNE +3.28%) jumped over 6% in after-hours trading after it said it sold its Bingham and Oakfield wind farm assets, which produce 333 MW of wind-power, to Terra Nova Renewable Partners, a strategic partnership formed between SunEdison and institutional investors, for $209 million.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 -0.86%) this morning are down -15.75 points (-0.77%) at a 3-1/2 week low. Thursday's closes: S&P 500 +0.23%, Dow Jones +0.47%, Nasdaq +0.45%. The S&P 500 on Thursday closed higher on a rally in airline stocks crude oil fell to a 6-3/4 year low and on slack import price pressures after the U.S. Nov import price index fell -0.4% m/m and -9.4% y/y. Stock prices were undercut by weakness in energy producers as crude oil fell to a fresh 6-3/4 year low and by the +13,000 increase in U.S. weekly initial unemployment claims to 282,000, more than expectations of +1,000 to 270,000 and the highest in 5 months.

Mar 10-year T-notes (ZNH16 +0.26%) this morning are up +7.5 ticks. Thursday's closes: TYH6 -11.00, FVH6 -7.25. Mar T-notes Thursday closed lower on reduced safe-haven demand with the strength in stock prices and on supply pressures after the Treasury auctioned $13 billion of 30-year T-bonds.

The dollar index (DXY00 -0.17%) this morning is down -0.198 (-0.20%). EUR/USD (^EURUSD) is up +0.0029 (+0.27%). USD/JPY (^USDJPY) is down-0.17 (-0.14%). Thursday's closes: Dollar Index +0.594 (-1.15%), EUR/USD -0.0084 (-0.76%), USD/JPY +0.12 (+0.10%). The dollar index on Thursday closed higher on divergent central bank policies that benefit the dollar with the Fed expected to raise interest rates next week while the BOJ, ECB and PBOC maintain or expand their monetary stimulus. In addition, there was weakness in EUR/USD after comments from ECB Governing Council members Jazbec and Liikanen who both said the ECB is ready to use more measures if needed to achieve its price stability targets.

Jan crude oil (CLF16 -1.33%) this morning is down -53 cents (-1.44%) at a fresh 6-3/4 year low and Jan gasoline (RBF16 +0.42%) is up +0.0100 (+0.78%). Thursday's closes: CLF6 -0.58 (-1.56%), RBF6 +0.0448 (+3.64%). Jan crude oil and gasoline in Thursday settled mixed with Jan crude at a 6-3/4 year low. Crude oil prices were hurt by a stronger dollar and by concern the global oil glut will persist after OPEC raised its oil production target last Friday. Gasoline closed higher on signs of strong demand from refiners as the crack spread jumped to a 3-1/4 month high.

GLOBAL EVENT CALENDAR12/11/2015

US	0830 ET	Nov retail sales expected +0.2% and +0.3% ex autos, Oct +0.1% and +0.2% ex autos.
	0830 ET	Nov PPI final demand expected unch m/m and -1.4% y/y, Oct -0.4% m/m and -1.6% y/y. Nov PPI ex food & energy expected +0.1% m/m and +0.2% y/y, Oct -0.3% m/m and +0.1% y/y.
	1000 ET	Oct business inventories expected +0.1%, Sep +0.3%.
	1000 ET	U.S. Dec preliminary University of Michigan consumer sentiment expected +0.7 to 92.0, Nov +1.3 to 91.3.
GER	0200 ET	Revised German Nov CPI (EU harmonized), preliminary +0.1% m/m and +0.3% y/y.
	0200 ET	German Nov wholesale price index, Oct -0.4% m/m and -1.6% y/y.
UK	0430 ET	UK Oct construction output expected +1.0% m/m and -1.1% y/y, Sep -0.2% m/m and -1.6% y/y.
	0430 ET	BOE quarterly inflation expectations.

U.S. STOCK CALENDAR12/11/2015

Company	Ticker	Time	Event Description	Period	Estimate
Medtronic PLC	MDT US	3:00	Annual General Meeting	Y 2015
WW Grainger Inc	GWW US	8:00	November 2015 Sales and Revenue Call	2015
WW Grainger Inc	GWW US	8:00	November 2015 Sales and Revenue Release	2015
MetLife Inc	MET US	8:00	Business Update Call
Towers Watson & Co	TW US	8:00	Extraordinary Shareholders Meeting - Merger Vote	Y 2015
Nielsen Holdings PLC	NLSN US	8:00	Analyst Day	Y 2015
Nordson Corp	NDSN US	8:30	Q4 2015 Earnings Call	Q4 2015
MSG Networks Inc	MSGN US		Annual General Meeting
Palo Alto Networks Inc	PANW US		Annual General Meeting

Fox Chase Bancorp - Chart of the Day

Fox Chase Bancorp (FXCB) is the Barchart Chart of the Day.  The savings bank has a Trend Spotter buy signal, a Weighted Alpha of 14.90+ and gained 11.19% in the last year while paying a 3.04% dividend.

The Chart of the Day belongs to Fox Chase Bancorp (FXCB).  I found the savings bank stock by using Barchart to sort the Russell 3000 Index stocks first for the highest number of new highs in the last 20 trading session, then again for a technical buy signal of 80% or better, then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 11/20 the stock gained 2.89%.

Fox Chase Bancorp is the mid-tier stock holding company of Fox Chase Bank, a federally chartered savings bank. The Bank offers traditional banking services and products from its main office in Hatboro, Pennsylvania and other branch offices in Bucks, Montgomery, Chester, Delaware and Philadelphia Counties in Pennsylvania and Atlantic and Cape May Counties in New Jersey. The bank's vision is to be the leading relationship-based business and consumer bank in the markets it chooses to serve by delivering financial products and services consistent with what the clients care about most. Serving a growing number of satisfied clients will drive earnings growth and profitability. Year-over-year earnings growth will enable the bank to choose to remain a viable, profitable, independent growth-oriented company. The bank's success will be achieved through a professional, engaged, and satisfied workforce that has an ownership stake in the company.

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
• 14 new highs and up 5.27% in the last month
• Relative Strength Index 72.75%
• Barchart computes a technical support level at 18.18
• Recently traded at 18.52 with a 50 day moving average of 17.75

Fundamental factors:

• Market Cap $214.28 million
• P/E 20.93
• Dividend yield 3.04%
• Revenue expected to grow .70% this year and another .50% next year
• Earnings estimated to increase 25.40% this year, decrease 5.60% next year but compound at an annual rate of 6.00% for the next 5 years
• Wall Street analysts issued 2 hold recommendations on the stock

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

MORNING CALL 12/7

MORNING CALL

Monday, December 7th, 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 +0.20%) are up +0.14% after Friday's stronger-than-expected U.S. Nov non-farm payrolls boosted confidence that the economy is strong enough to handle an expected interest rate increase at next week's FOMC meeting. Stock index futures fell back from their best levels as energy producers declined after the price of crude oil (CLF16 -1.58%) tumbled below $40 a barrel to a 3-week low on negative carryover from last Friday when when OPEC made no pretense of any attempt to cut production and instead raised its production target to 31.5 million bpd from 30 million bpd. European stocks are up +1.58 % on speculation last week's rout in equities was overdone after ECB stimulus measures disappointed. European stocks shrugged off the weaker-than-expected German Oct industrial production and Eurozone Dec Sentix investor confidence. Asian stocks settled mixed: Japan +0.99%, Hong Kong -0.15%, China +0.34%, Taiwan +0.66%, Australia +0.08%, Singapore +0.76%, South Korea -0.61%, India -0.42%.

The dollar index (DXY00 +0.46%) is up +0.44%. EUR/USD (^EURUSD) is down -0.64%. USD/JPY (^USDJPY) is up +0.28%.

Mar T-note prices (ZNH16 -0.02%) are little changed, up +0.5 of a tick.

German Oct industrial production rose +0.2% m/m and was unch y/y, weaker than expectations of +0.8% m/m and +0.7% y/y.

The Eurozone Dec Sentix investor confidence rose +0.6 to 15.7, less than expectations of +1.9 to 17.0.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) St. Louis Fed President James Bullard's speech about the U.S. economy and monetary policy at Ball State University in Muncie, IN, and (2) Oct consumer credit (expected +$19.0 billion, Sep +$28.918 billion).

There are 8 of the Russell 1000 companies report earnings today: H&R Block (consensus -$0.48).

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

Equity conferences this week include: American Society of Hematology Meeting on Mon, Raymond James Technology and Communications Investors Conference on Mon-Wed, UBS Global Media and Communications Conference on Mon-Wed, Business Insider's Ignition Future of Digital Conference on Tue, Citi Global Technology Conference on Tue, Barclays Global Technology, Media and Telecommunications Conference on Tue-Wed, Goldman Sachs U.S. Financial Services Conference on Tue-Wed, Oppenheimer Health Care Conference on Tue-Wed, Wells Fargo Energy Symposium, Bank of America Merrill Lynch Paper, Packaging and Builders Conference on Wed-Thu, Capital One Financial Corp Energy Conference on Wed-Thu, 10th Annual Energy Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Vail Resorts (MTN -0.59%) reported a Q1 EPS loss of -$.163, a smaller loss than consensus of -$1.75.

Polaris industries (PII -4.19%) was downgraded to 'Neutral' from 'Buy' at UBS.

Tyson Foods (TSN +1.09%) was downgraded to 'Equal Weight' from 'Overweight' at Stephens.

Philip Morris International (PM +2.70%) fell nearly 5% in pre-market trading on a report from Tass news service that a Russian senator proposes raising the smoking age in Russia to 21 from 18.

Mattress Firm (MFRM +2.06%) said it sees fiscal 2015 sales of $2.53 billion-$2.55 billion, on the low end of estimates of $2.55 billion.

New York REIT (NYRT +2.24%) rose over 3% in after-hours trading after a person with knowledge of the negotiations said that SL Green SLG is close to acquiring the company.

Groupon (GRPN +0.66%) fell over 1% in after-hours trading after it said that its Chief Technology Officer, Sri Viswanath, resigned as of Dec 2. This follows the departure of CEO Eric Lfkofsky a month ago.

Chipotle Mexican Grill (CMG -0.73%) tumbled nearly 10% in pre-market trading after it said it sees Q4 comparable sales down 8%-11% if recent sales trends continue.

Pep Boys-Manny Moe & Jack's (PBY +3.22%) surged 12% in after-hours trading after billionaire investor Carl Icahn reported a 12% stake in the company.

Big Lots (BIG -6.32%) was downgraded to 'Neutral' from 'Overweight' at Piper Jaffray.

ARM Holdings Plc (ARMH +0.55%) was downgraded to 'Market Perform' from 'Outperform' at Northland Securities with a 12-month price target of $52.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ15 +0.20%) this morning are up +3.00 points (+0.14%). Friday's closes: S&P 500 +2.05%, Dow Jones +2.12%, Nasdaq +2.37%. The S&P 500 on Friday closed sharply higher on the +211,000 increase in U.S. Nov non-farm payrolls, stronger than expectations of +200,000 and the upward revision in Oct to +298,000 from +271,000, which kept the U.S. economy in a strong light.

Mar 10-year T-notes (ZNH16 -0.02%) this morning are up +0.5 of a tick. Friday's closes: TYH6 +12.00, FVH6 +4.25. Mar T-notes on Friday recovered from a 3-week low and closed higher on the as-expected +0.2% m/m and +2.3% y/y increase in U.S. Nov avg hourly earnings, which may keep the pace of Fed tightening gradual as the data shows slack wage pressures. In addition, the wider than expected U.S. trade deficit report sparked expectations for a weaker Q4 GDP report.

The dollar index (DXY00 +0.46%) this morning is up +0.428 (+0.44%). EUR/USD (^EURUSD) is down -0.0070 (-0.64%). USD/JPY (^USDJPY) is up +0.35 (+0.28%). Friday's closes: Dollar Index +0.733 (+0.75%), EUR/USD -0.0059 (-0.546%), USD/JPY +0.50 (+0.41%). The dollar index on Friday closed higher on the larger-than-expected increase in U.S. Nov non-farm payrolls, which bolsters the case for a Fed interest rate increase at the Dec 15-16 FOMC meeting, and comments from Philadelphia Fed President Harker who said the Fed should raise interest rates "sooner rather than later."

Jan crude oil (CLF16 -1.58%) this morning is down -74 cents (-1.85%) at a 3-week low and Jan gasoline (RBF16 -0.94%) is down -0.0132 (-1.04%) at a 2-week low. Friday's closes: CLF6 -0.94 (-2.29%), RBF6 -0.0120 (-0.93%). Jan crude oil and gasoline on Friday closed lower with Jan crude at a 2-1/2 week low and Jan gasoline at a 1-1/2 week low. Bearish factors included (1) a stronger dollar, and (2) the failed OPEC meeting where OPEC made no pretense of any attempt to cut production and instead raised its production target.

GLOBAL EVENT CALENDAR12/07/2015

US	1100 ET	USDA weekly grain export inspections.
	1230 ET	St. Louis Fed President James Bullard speaks about the U.S. economy and monetary policy at Ball State University in Muncie, IN.
	1500 ET	Oct consumer credit expected +$19.0 billion, Sep +$28.918 billion.
JPN	0000 ET	Japan Oct leading index CI expected +1.3 to 102.9, Sep 101.6. Oct coincident index expected +1.8 to 114.1, Sep 112.3.
	1850 ET	Revised Japan Q3 GDP expected +0.2% q/q annualized, previous -0.8% q/q annualized. Q3 deflator, previous +2.0% y/y.
	2330 ET	Japan Nov bankruptcies, Oct -7.25% y/y.
GER	0200 ET	German Oct industrial production expected +0.8% m/m and +0.6% y/y, Sep -1.1% m/m and +0.2% y/y.
EUR	0300 ET	ECB Vice President Vitor Constancio delivers opening remarks at an ECB workshop on Money Markets and Central Bank Balance Sheets.
	0430 ET	Eurozone Dec Sentix investor confidence expected +1.9 to 17.0, Nov 15.1.
UK	1901 ET	UK Nov BRC sales like-for-like expected +0.5% y/y, Oct -0.2% y/y.
CHI	n/a	China Nov trade balance expected +$64.15 billion, Oct +$61.64 billion. Nov exports expected -5.0% y/y, Oct 6.9% y/y. Nov imports expected -11.8% y/y, Oct -18.8% y/y

U.S. STOCK CALENDAR12/07/2015

Company	Ticker	Time	Event Description	Period	Estimate
Multiple Companies	PFE US	8:00	Cellectis, Pfizer and Servier UCART19 Collaboration Call
SL Green Realty Corp	SLG US	13:00	Investor Conference	Y 2015
Mallinckrodt PLC	MNK US	13:00	Investor Briefing	Y 2015
Inovalon Holdings Inc	INOV US	13:00	Investor Day	Y 2015
H&R Block Inc	HRB US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	-0.482