WebMD - Chart of the Day

WebMD (WBMD) is the Barchart Chart of the Day.  The Internet content stock has a Trend Spotter buy signal, a Weighted Alpha of 31.20+ and gained 27.00% in the last year.

The Chart of the Day belongs to WebMD (WBMD).  I found the Internet content stock by using Barchart to sort today's 52 week high list fo the highest technical buy signals, then used the Flipchart feature to review the charts.  since the Trend Spotter signaled a buy in 11/4 the stock gained 16.52%.

WebMD announced that  has signed an agreement to acquire Conceptis Technologies Inc., a Montreal-based provider of online and offline medical education and promotion aimed at physicians and other healthcare professionals. Conceptis has been successful in developing a strong online presence in the cardiology community and is highly respected for the depth and breadth of content contained on its flagship. With the combination of two of the leading cardiology channels on the Internet, Medscape Cardiology and www.theheart.org, WebMD is well positioned to further its lead and penetration in this high value segment of medical marketing.

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% Technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 9.60% in the last month
• Relative Strength Index 70.78%
• Technical support level at 43.91
• Recently traded at 51.50 with a 50 day moving average of 45.73

Fundamental factors:

• Market Cap $1.93 billion
• P/E 40.02
• Revenue expected to grow 8.80% this year and another 8.50% next year
• Earnings estimated to increase 48.50% this year, an additional 11.80% next year and continue to increase at an annual rate of 11.50% for the next 5 years.
• Wall Street analysts issued 4 strong buy, 3 buy and 2 hold recommendations on the stock

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

IFAN Financial and Cytokinetics - Sell Signals

Today I deleted IFAN Financial (IFAN) and Cytokinetics (CYTK) from the   Barchart Van Meerten Speculative portfolio for negative price momentum.

IFAN Financial (IFAN)

Barchart technical indicators:

• 24% technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 88.50% off ts recent high
• Relative Strength Index 45.05%
• Recently traded at .1161 which is below its 50 day moving average of .1352

Cytokinetics (CYTK)

Barchart technical indicators:

• 48% technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 27.54% off its recent high
• Relative Strength Index 37.82%
• Recently traded at 9.43 which is below its 50 day moving average of 10.94

Triumph Bancorp and Synnex - Sell Signals

Today I deleted Triumph Bancorp (TBK) and Synnex (SNX) from the Barchart Van Meerten New High portfolio for negative price momentum.

Triumph Bancorp (TBK)

Barchart technical indicators:

• 72% technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 14.96% off its recent high
• Relative Strength Index 26.34%
• Recently traded at 15.02 which is below its 50 day moving average of 16.89

Synnex (SNX)

Barchart technical indicators:

• 72% technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 15.54% below its recent high
• Relative Strength Index 26.87%
• Recently traded at 81.16 which is below its 50 day moving average of 92.21

MORNING CALL 1/8

MORNING CALL

Friday, January 8th, 2016View 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

March E-mini S&Ps (ESH16 +0.75%) are up +0.32% as global stocks attempt to recover after China took steps to alleviate market stress. The PBOC set a higher reference rate for the yuan today, the first time it has done so in the last nine sessions, which strengthened the yuan against the dollar. U.S. stocks fell back from their best levels after crude oil erased an overnight rally and is now lower by -0.27%. European stocks are down -0.55% after German Nov industrial production unexpectedly declined. Asian stocks settled mixed: Japan -0.39%, Hong Kong +0.59%, China +1.97%, Taiwan +0.53%, Australia -0.39%, Singapore +0.78%, South Korea +0.75%, India +0.33%. China's Shanghai Composite rebounded from a 3-1/4 month low and closed higher after the government suspended a circuit-breaker system that had halted Chinese equity trading on Monday and Thursday when stock losses reached -7%. Chinese stocks also found support on signs that state-controlled funds were said to be buying equities.

The dollar index (DXY00 +0.54%) is up +0.50%. EUR/USD (^EURUSD) is down -0.56%. USD/JPY (^USDJPY) is up +0.53%.

Mar T-note prices (ZNH16 -0.17%) are down -6 ticks.

ECB Governing Council member Lane said "no door has been closed" in relation to QE, even as there's "plenty of evidence" that the ECB's sovereign-debt purchase program is working.

German Nov industrial production of -0.3% m/m and +0.1% y/y was weaker than expectations of +0.5% m/m and +0.5% y/y.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Dec non-farm payrolls (expected +200,000, Nov +211,000) and Dec unemployment rate (expected unch at 5.0%, Nov unch at 5.0%), (2) Nov wholesale trade sales (expected unch m/m, Oct unch m/m) and Nov wholesale inventories (expected -0.1% m/m, Oct -0.1% m/m), (3) San Francisco Fed President John Williams' speech on the economic outlook to the California Association of Bankers in Santa Barbara, CA, (4) Richmond Fed President Jeffrey Lacker's comments on his 2016 economic outlook to the Maryland Bankers Association, and (5) Nov consumer credit (expected +$18.5 billion, Oct +$15.982 billion).

There are 2 of the Russell 3000 companies that report earnings today: Acuity Brands (consensus $1.58), Global Payments (0.75).

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

Equity conferences today: none.

OVERNIGHT U.S. STOCK MOVERS

Foot Locker (FL -1.21%) was upgraded to 'Buy' from 'Neutral' at Bank of America.

Dupont (DD -2.97%) was upgraded to 'Outperform' from Market Perform' at Bernstein who also raised their price target on the stock to $81 from $71.

Williams-Sonoma (WSM +1.47%) was downgraded to 'Neutral' from 'Buy' at Buckingham Research Group.

Five Below (FIVE -0.18%) gained over 2% in after-hours trading after it raised guidance on Q4 sales to $323 million-$326 million from a December outlook of $318 million-$323 million, above estimates of $320 million.

Helen of Troy (HELE -1.34%) climbed over 3% in after-hours trading after it reported Q3 adjusted EPS of $2.07, higher than consensus of $1.93.

Freeport-McMoRan (FCX -9.08%) was downgraded to 'Neutral' from 'Outperform' at Macquarie.

Synnex (SNX -2.15%) reported Q4 adjusted EPS of $1.80, stronger than consensus of $1.75, but then lowered guidance on Q1 adjusted EPS to $1.34-$1.39, below consensus of $1.54.

The Gap (GPS +5.73%) slipped over 6% in after-hours trading after it reported December comparable same-store-sales fell -5.0% y/y, a bigger decline than expectations of -3.9% y/y.

Container Store Group (TCS -5.15%) slumped over 10% in after-hours trading after it reported an unexpected Q3 adjusted EPS loss of -4 cents, weaker than consensus of a 5 cent profit, and then lowered guidance on Q4 EPS to 19 cents-22 cents, well below consensus of 29 cents.

Alcoa (AA -3.95%) said it will close an aluminum smelter in Evansville, IN and curtail capacity at its Point Comfort, TX refinery to increase the competitiveness of its upstream business.

Suppliers of Apple products fell in after-hours trading with Skyworks Solutions (SWKS -2.88%) and Invensense (INVN -0.32%) down 3%, Avago Technologies (AVGO -3.18%) down 5%, and NXP Semiconductors (NXPI -5.41%) and Broadcom (BRCM -1.57%) both down 2% after Cirrus Logic and Qorvo blamed weakness in mobile products for their slowdown in revenue growth.

Cirrus Logic (CRUS unch) tumbled over 8% in after-hours trading after it reported Q3 preliminary revenue of $347 million, below consensus of $386 million.

Qorvo (QRVO +2.29%) lowered guidance on Q3 revenue to $629 million from a prior estimate of $720 million-$730 million, well below consensus of $723.8 million.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.75%) this morning are up +6.25 points (+0.32%). Thursday's closes: S&P 500 -2.37%, Dow Jones -2.32%, Nasdaq -3.11%. The S&P 500 on Thursday sank to a 3-month low and closed sharply lower on carry-over weakness from the -7% plunge in the Chinese stock market, the Chinese government's eighth day of devaluing the yuan, and weakness in energy and raw-material producers after crude oil fell to a 12-year low and copper slumped to a 6-1/2 year low. Stocks recovered from their worst levels on speculation Chinese markets may stabilize after China's regulator suspended circuit breakers that had halted stock trading in China twice this week once losses reached 7%.

Mar 10-year T-notes (ZNH16 -0.17%)this morning are down -6 ticks. Thursday's closes: TYH6 +8.00, FVH6 +6.75. Mar-T-notes on Thursday climbed to a 2-month high on (1) increased safe-haven demand with the sharp sell-off in global equity markets, and (2) speculation that the financial turmoil in China will delay the Fed's next rate hike. T-notes fell back from their best levels as stocks recovered from their lows on speculation Chinese stock markets may stabilize after China's regulator suspended a circuit breaker that had halted stock trading twice this week.

The dollar index (DXY00 +0.54%) this morning is up +0.494 (+0.50%). EUR/USD (^EURUSD) is down -0.0061 (-0.56%). USD/JPY (^USDJPY) is up +0.62 (+0.53%). Thursday's closes: Dollar Index -0.962 (-0.97%), EUR/USD +0.0151 (+1.40%), USD/JPY -0.80 (-0.68%). The dollar index on Thursday closed lower on speculation that this week's sell-off in global equity markets may prompt the Fed to delay the next interest rate increase. In addition, USD/JPY fell to a 4-1/2 month low as the sell-off in global equity markets boosted the safe-haven demand for the yen.

Feb crude oil (CLG16 +0.72%) this morning is down -9 cents (-0.27%) and Feb gasoline (RBG16 +0.35%) is down -0.0067 (-0.58%). Thursday's closes: CLG6 -0.71 (-2.09%), RBG6 -0.0122 (-1.05%). Feb crude oil and gasoline on Thursday closed lower with Feb crude at a 12-year nearest-futures low and Feb gasoline at a 6-3/4 year low. Energy prices were undercut by the slump in global stock markets and by negative carryover from Wednesday’s EIA inventory report that showed a +917,000 bbl increase in crude supplies at Cushing to a record high of 63.91 million bbl and a +10.58 million bbl surge in weekly EIA gasoline inventories to a 9-1/2 month high. Prices recovered from their worst levels on as the dollar moved lower.

GLOBAL EVENT CALENDAR01/08/2016

US	0830 ET	Dec non-farm payrolls expected +200,000, Nov +211,000. Dec private payrolls expected +200,000, Nov +197,000. Dec manufacturing payrolls expected unch, Nov -1,000. Dec unemployment rate expected unch at 5.0%, Nov unch at 5.0%.
	0830 ET	Dec avg hourly earnings expected +0.2% m/m and +2.8% y/y, Nov +0.2% m/m and +2.3% y/y. Dec avg weekly hours all employees expected unch at 34.5 hours.
	1000 ET	Nov wholesale trade sales expected unch m/m, Oct unch m/m. Nov wholesale inventories expected -0.1% m/m, Oct -0.1% m/m.
	1130 ET	San Francisco Fed President John Williams speaks on the economic outlook to the California Association of Bankers in Santa Barbara, CA.
	1300 ET	Richmond Fed President Jeffrey Lacker delivers his 2016 economic outlook to the Maryland Bankers Association.
	1500 ET	Nov consumer credit expected +$18.5 billion, Oct +$15.982 billion.
JPN	0000 ET	Japan Nov leading index CI expected -0.3 to 103.9, Oct 104.2. Nov coincident index expected -1.6 to 111.6, Oct 113.3.
GER	0200 ET	German Nov industrial production expected +0.5% m/m and +0.5% y/y, Oct +0.2% m/m and unch y/y.
	0200 ET	German Nov trade balance expected +20.2 billion euros, Oct +22.3 billion euros. Nov exports expected +0.5% m/m, Oct -1.3% m/m. Nov imports expected +1.0% m/m, Oct -3.3% m/m.
CHI	2030 ET	China Dec CPI expected +1.6% y/y, Nov +1.5% y/y. Dec PPI expected -5.8% y/y, Nov -5.9% y/y.

U.S. STOCK CALENDAR01/08/2016

Company	Ticker	Time	Event Description	Period	Estimate
Acuity Brands Inc	AYI US	Bef-mkt	Q1 2016 Earnings Release	Q1 2016	1.578
Global Payments Inc	GPN US	7:00	Q2 2016 Earnings Release	Q2 2016	0.753
WP Glimcher Inc	WPG US	9:00	Analyst & Investor Day	Y 2016
SolarWinds Inc	SWI US	9:30	Special Meeting - M&A Vote
Acuity Brands Inc	AYI US	10:00	Q1 2016 Earnings Call	Q1 2016

MeetMe - Chart of the Day

MeetMe (MEET) is the Barchart Chart of the Day.  The social network website has a Trend Spotter buy signal. a Weighted Alpha of 221.10+ and gained 179.86% in the last year.

The Chart of the Day belongs to MeetMe (MEET).  I found the social network website stock by using Barchart to sort today's 52 week high list first for stocks with the highest technical buy signals, then I used the Flipchart feature to review the charts.  since the Trend Spotter signaled a buy on 12/2 the stock gained 41.70%.

MeetMe, Inc. owns and operates a social network. It enables users to meet new people through social games and apps, monetized by both advertising and virtual currency. The company operates MeetMe.com, Quepasa.com and MeetMe apps on iPhone and Android. MeetMe, Inc., formerly known as Quepasa Corporation, is headquartered in New Hope, Pennsylvania.

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% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 42.40% in the last month
• Relative Strength Index 80.61%
• Technical support level at 3.50
• Recently traded at 4.01 with a 50 day moving average if 2.93

Fundamental factors:

• Market Cap $182.29 million
• P/E 25.43
• Revenue expected to grow 22.00% this year and another 16.10% next year
• Earnings estimated to increase 190.0% this year, an additional 211.10% next year and continue to compound at an annual rate of 20.00% for the next 5 years
• Wall Street analysts have 3 buy recommendations on the stock

None of the regular technical trading strategies have been reliable so a trailing stop loss of your choosing should be used to protect your profits.

Today's 5 Best Small Caps

I wanted to find the 5 small cap stocks with the best current momentum so I used Barchart to sort the S&P 600 Small Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.

The list today includes Quality Systems (QSII), Electro Scientific Industries (ESIO), New Jersey Resources (NJR), Healthcare Realty Trust (HR), and Francesca's Holdings (FRAN).

Quality Systems (QSII)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 7.84% in the last month
• Relative Strength Index 65.30%
• Technical support level at 16.46
• Recently traded at 17.07 with a 50 day moving average of 15.44

Electro Scientific Industries (ESIO)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 5.80% in the last month
• Relative Strength Index 61.30%
• Technical support level at 5.15
• Recently traded at 5.47 with a 50 day moving average of 5.11

New Jersey Resources (NJR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 14.64% in the last month
• Relative Strength Index 67.53%
• Technical support level at 33.34
• Recently traded at 34.01 with a 50 day moving average of 30.89

Healthcare Realty Trust (HR)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 4.31% in the last month
• Relative Strength Index 59.75
• Technical support level at 28.12
• Recently traded at 28.33 with a 50 day moving average of 26.99

Francesca's Holdings (FRAN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 18.93% in the last month
• Relative Strength Index 69.29%
• Technical support level at 17.37
• Recently traded at 18.29 with a 50 day moving average of 15.34

MORNING CALL 1/7

MORNING CALL

Thursday, January 7th, 2016View 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

March E-mini S&Ps (ESH16 -2.17%) are down sharply by -2.24% at a 3-month low and European stocks are down -3.10% at a 3-1/4 month low after China's stock exchanges closed less than half an hour after opening when they fell 7% and triggered a halt to trading for the second time this week. Chinese stocks tumbled as the PBOC cut its reference rate for the yuan for an eighth straight day, which sent the yuan plunging to a 4-3/4 year low against the dollar as China is attempting to spur economic growth through a weaker yuan. Freeport-McMoRan and Alcoa are both down more than 4% in pre-market trading as the price of copper (HGH16 -2.83%) dropped -3.04% to a 1-1/2 month low, and energy producers are lower as the price of crude oil (CLG16 -3.62%) plummeted -3.15% to a 12-year low. Another negative for stocks was the action by the World Bank to lower its 2016 global growth estimate to 2.9% from a 3.3% estimate in Jun. Asian stocks settled sharply lower: Japan -2.33%, Hong Kong -3.09%, China -7.04%, Taiwan-1.73%, Australia -2.20%, Singapore -2.65%, South Korea -1.14%, India -2.18%.

The dollar index (DXY00 -0.39%) is down -0.47%. EUR/USD (^EURUSD) is up +0.69%. USD/JPY (^USDJPY) is down -0.86% to a 4-1/2 month low.

Mar T-note prices (ZNH16 +0.21%) are up +9.5 ticks at a 2-month high on a flight-to-safety with the plunge in global equity markets.

The PBOC reported that China's foreign exchange reserves shrank by a record $108 billion in Dec, which cut its total foreign-exchange reserves to a 3-year low of $3.33 trillion as the PBOC has burnt through its reserves in an attempt to prop up the yuan.

The World Bank cut its 2016 global growth estimate to 2.9% from a 3.3% estimate in Jun, citing a weaker outlook for the U.S., China, Japan and Russia. The World Bank also cut its 2016 China growth outlook to 6.7% from a 7.0% estimate in Jun.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Dec challenger job cuts (Nov -13.9% y/y), (2) weekly initial unemployment claims (expected -12,000 to 275,000, previous +20,000 to 287,000) and continuing claims (expected +2,000 to 2.200 million, previous +3,000 to 2.198 million), (3) Richmond Fed President Jeffrey Lacker's speech on the 2016 economic outlook at an event hosted by the Great Raleigh Chamber of Commerce, (4) Chicago Fed President Charles Evans' speech on the economic outlook and monetary policy at the Wisconsin Economic Forecast Luncheon.

There are 3 of the Russell 3000 companies that report earnings today: Walgreens Boots Alliance (consensus $0.96), Constellation Brands (1.30), Bed Bath & Beyond (1.09).

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

Equity conferences this week: Citi Global Internet, Media & Telecommunications Conference on Wed-Thu.

OVERNIGHT U.S. STOCK MOVERS

Freeport-McMoRan (FCX -8.05%) and Alcoa (AA -7.12%) are both down more than 4% in pre-market trading as the price of copper dropped -3.04% to a 1-1/2 month low.

Capital One Financial (COF -1.31%) was downgraded to 'Hold' from 'Buy' at Deutsche Bank.

Walgreens Boots Alliance (WBA -1.53%) reported Q1 EPS of $1.03, better than consensus of 96 cents.

Agilent Technologies (A +0.44%) was upgraded to 'Outperform' from 'Market Perform' at Cowen with a price target of $46.

Macy's (M -2.19%) climbed over 2% in after-hours trading after it initially sold-off 5% when it lowered guidance on Q4 EPS to $2.18-$2.23 from a previous estimate of $2.54-$2.64, and then said it will reduce costs by $400 million by closing 36 stores and cutting up to 4,800 jobs in early 2016.

NetApp (NTAP -2.80%) reported that CFO Nick Noviello is leaving the firm to pursue another opportunity and named VP of corporate finance, Jeffrey Bergmann, as interim CFO.

Paycom Software (PAYC +0.34%) was rated a new 'Outperform' at Robert Baird with a 12-month price target of $48.

Resource Connection (RECN -3.45%) fell over 3% in after-hours trading after it reported Q2 EPS of 23 cents, below consensus of 24 cents.

Zumiez (ZUMZ -1.50%) jumped over 10% in after-hours trading after it raised guidance on Q4 EPS to 45 cents-47 cents from a previous estimate of 40 cents-46 cents, above consensus of 43 cents.

Mistras Group (MG -1.74%) surged over 12% in after-hours trading after it reported Q2 EPS of 39 cents, well above consensus of 26 cents.

Globus Medical (GMED +1.92%) slipped over 2% in after-hours trading after it forecast 2016 sales of $583 million, below consensus of $590.4 million.

Clear Channel Outdoor Holdings (CCO +5.56%) climbed over 2% in after-hours trading after Lamar Advertising said it was near an agreement to acquire billboard assets valued at about $450 million from CCO.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 -2.17%) this morning are down sharply by -44.50 points (-2.24%) to a 3-month low. Wednesday's closes: S&P 500 -1.31%, Dow Jones -1.47%, Nasdaq -0.90%. The S&P 500 on Wednesday dropped to a 3-month low and closed lower on the PBOC's cut in its daily reference rate for the yuan for the seventh day in a row, which stoked Chinese economic concerns that undercut global stocks and pushed the yuan down to a 4-3/4 year low against the dollar. Stocks were also undercut by the unexpected -0.6 point decline in the Dec ISM U.S. non-manufacturing index to 55.3, weaker than expectations of +0.1 to 56.0 and the slowest pace of expansion in 20 months. On the positive side, the Dec ADP employment change rose +257,000, stronger than expectations of +198,000 and the biggest increase in a year.

Mar 10-year T-notes (ZNH16 +0.21%) this morning are up +9.5 ticks to a 2-month high. Wednesday's closes: TYH6 +19.50, FVH6 +12.25. Mar T-notes on Wednesday climbed to a 3-week high and settled higher on increased safe-haven demand with the plunge in global equity markets and on the slide in energy prices, which undercut inflation expectations as the 10-year T-note breakeven inflation rate fell to a 1-week low.

The dollar index (DXY00 -0.39%) this morning is down -0.471 (-0.47%). EUR/USD (^EURUSD) up +0.0074 (+0.69%). USD/JPY (^USDJPY) is down-1.02 (-0.86%) to a 4-1/2 month low. Wednesday's closes: Dollar Index -0.223 (-0.22%), EUR/USD +0.0033 (+0.31%), USD/JPY -0.59 (-0.50%). The dollar index on Wednesday closed lower on (1) the fall in USD/JPY to a 2-1/2 month low after the plunge in global equity markets boosted the safe-haven demand for the yen, and (2) speculation that this week's sell-off in global equity markets may prompt the Fed to delay the next interest rate increase.

Feb crude oil (CLG16 -3.62%) this morning is down -$1.07 a barrel (-3.15%) to a 12-year low and Feb gasoline (RBG16 -1.39%) is down -0.0118(-1.02%) to a fresh 6-3/4 year low. Wednesday's closes: CLG6 -1.91 (-5.31%), RBG6 -0.0932 (-7.42%). Feb crude and gasoline on Tuesday closed sharply lower as Feb crude and Feb gasoline posted 6-3/4 year nearest-futures lows. Crude oil prices were hurt by the +917,000 bbl increase in crude supplies at Cushing to a record high 63.91 million bbl and by the +10.58 million bbl surge in weekly EIA gasoline inventories to a 9-1/2 month high. On the positive side, EIA crude supplies unexpectedly fell -5.09 million bbl versus expectations of +1.0 million bbl.

GLOBAL EVENT CALENDAR01/07/2016

US	0730 ET	Dec challenger job cuts, Nov -13.9% y/y.
	0830 ET	Weekly initial unemployment claims expected -12,000 to 275,000, previous +20,000 to 287,000. Weekly continuing claims expected +2,000 to 2.200 million, previous +3,000 to 2.198 million.
	0830 ET	USDA weekly Export Sales.
	0845 ET	Richmond Fed President Jeffrey Lacker speaks on the 2016 economic outlook at an event hosted by the Great Raleigh Chamber of Commerce.
	1100 ET	Treasury announce amount of 3-year T-notes (previous $24 billion), 10-year T-notes (previous $21 billion) and 30-year T-bonds (previous $13 billion) to be auctioned Jan 12-14.
	1415 ET	Chicago Fed President Charles Evans speaks on the economic outlook and monetary policy at the Wisconsin Economic Forecast Luncheon.
GER	0200 ET	German Nov factory orders expected +0.1% m/m and +1.1% y/y, Oct +1.8% m/m and -1.4% y/y.
	0200 ET	German Nov retail sales expected +0.5% m/m and +3.7% y/y, Oct -0.1% m/m and +2.1% y/y.
	0300 ET	German Dec Markit construction PMI, Nov 52.5.
UK	0400 ET	UK Dec new car registrations, Nov +3.8% y/y.
EUR	0500 ET	Eurozone Dec economic confidence expected -0.1 to 106.0, Nov 106.1. Dec business climate indicator expected +0.03 to 0.39, Nov 0.36.
	0500 ET	Revised Eurozone Dec consumer confidence, preliminary +0.2 to 5.7.
	0500 ET	Eurozone Nov retail sales expected +0.2% m/m and +2.0% y/y, Oct -0.1% m/m and +2.5% y/y.
	0500 ET	Eurozone Nov unemployment rate expected unch at 10.7%.
JPN	2030 ET	Japan Nov labor cash earnings expected +0.7% y/y, Oct +0.7% y/y. Nov real cash earnings, Oct +0.4% y/y.

U.S. STOCK CALENDAR01/07/2016

Company	Ticker	Time	Event Description	Period	Estimate
Walgreens Boots Alliance Inc	WBA US	7:00	Q1 2016 Earnings Release	Q1 2016	0.957
Signet Jewelers Ltd	SIG US	7:00	December 2015 Sales and Revenue Release	2015
L Brands Inc	LB US	7:30	December 2015 Sales and Revenue Call	2015
Constellation Brands Inc	STZ US	7:30	Q3 2016 Earnings Release	Q3 2016	1.297
Walgreens Boots Alliance Inc	WBA US	8:30	Q1 2016 Earnings Call	Q1 2016
Signet Jewelers Ltd	SIG US	8:30	December 2015 Sales and Revenue Call	2015
Constellation Brands Inc	STZ US	10:30	Q3 2016 Earnings Call	Q3 2016
Bed Bath & Beyond Inc	BBBY US	16:15	Q3 2016 Earnings Release	Q3 2016	1.091
Bed Bath & Beyond Inc	BBBY US	17:00	Q3 2016 Earnings Call	Q3 2016
Gap Inc/The	GPS US		December 2015 Sales and Revenue Release	2015
L Brands Inc	LB US		December 2015 Sales and Revenue Release	2015
Mylan NV	MYL US		Special Meeting
Ameren Corp	AEE US		Investor Meeting	Y 2016
Compass Minerals International Inc	CMP US		Q4 2015 Sales and Revenue Release	Q4 2015

LifeVantage - Chart of the Day

LifeVantage (LFVN) is the Barchart Chart of the Day.  The pharmaceutical/cosmetics company has a Trend Spotter buy signal. a Weighted Alpha of 55.60+ and gained 181.13% in the last 6 months.

The Chart of the Day belongs to LifeVantage (LFVN).  I discovered the pharmaceutical/cosmetic stock by using Barchart to sort today's 52 week high list first for the highest technical buy signals then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 12/24 the stock gained 19.34%.

Press Release - LifeVantage Corporation is committed to helping people achieve health and wellness for life. LifeVantage is dedicated to helping people reach their health and wellness goals by providing science-based solutions to the pervasive problem of oxidative stress. LifeVantage seeks ways to help the body help itself by tapping into and activating the body's natural defenses against the assaults of free radicals and oxidative stress. There company's vision is to be the leader in the field of managing oxidative stress. The Company develop nutraceutical products that leverage our expertise in this area and that are intended to deliver significant benefits to our customers. Its first product is Protandim a unique, patent-pending botanical formula that has been shown to reduce oxidative stress in a preliminary human study.

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% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 24.61% in the last month
• Relative Strength Index 72.79%
• Technical support level at 9.03
• Recently traded at 10.43 with a 50 day moving average of 8.33

Fundamental factors:

• Market Cap $145.71 million
• P/E 34.78
• No analysts are making recommendations on the stock
• Earnings consensus is  that earnings will compound at an annual rate of 12.00% for the next 5 years
• Even the fools on Motley Fool don't follow this one

Since several bulletin board posts describe this as a MLM firm I'd highly advise not using any serious money here.  If you want to take a spin of the wheel use a trailing stop loss at a level you can afford to lose at.

Today's 5 Best Mid Caps

I wanted to find the 5 Mid Cap stocks with the best current momentum so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the best technical buy signals, then I used the Flipchart feature to review the charts.

My list today includes Orbital ATK (OA), National Retail Properties (NNN), Health Net (HNT), Fairchild Semiconductor International (FCS) and Extra Space Storage (EXR).

Orbital ATK (OA)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 3 new highs and up 6.39% in the last month
• Relative Strength Index 64.00%
• Technical support level at 87.84
• Recently traded at 92.82 with a 50 day moving average of 86.58

National Retail Properties (NNN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 4.17% in the last month
• Relative Strength Index 64.75%
• Technical support level at 39.23
• Recently traded at 40.21 with a 50 day moving average of 38.42

Health Net (HNT)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 7.48% in the last month
• Relative Strength Index 66.52%
• Technical support signals 67.77
• Recently traded at 6843 with a 50 day moving average of 65.03

Fairchild Semiconductor International (FCS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 2 new highs and up 8.31% in the last month
• Relative Strength Index 70.32%
• Technical support level at 21.00
• Relative Strength Index 70.32%
• Recently traded at 21.15 with a 50 day moving average of 19.19

Extra Space Storage (EXR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 5.37% in the last month
• Relative Strength Index 65.63%
• Technical support level at 86.99
• Recently traded at 90.70 with a 50 day moving average of 83.95

MORNING ALL 1/6

MORNING CALL

Wednesday, January 6th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 -1.52%) are down -1.50% at a 2-1/2 month low and European stocks are down -1.38% at a 3-month low as global stocks sell-off after China weakened its currency and heightened concerns about an economic slowdown. The yuan plunged to a 4-3/4 year low against the dollar after the PBOC reduced its daily reference rate for the yuan for the seventh day in a row. This raises the risks that other nations may need to lower their exchange rates to remain competitive with China. Technology stocks are also moving lower, led by a 2.8% decline in Apple in pre-market trading, after the Nikkei Asian Review reported that Apple would reduce Q1 output of its latest iPhones by about 30%. Geopolitical concerns also weighed on equity markets after North Korea said it successfully tested a hydrogen bomb. Asian stocks settled mostly lower: Japan -0.99%, Hong Kong -0.98%, China +2.25%, Taiwan -1.05%, Australia -1.18%, Singapore -1.06%, South Korea -0.65%, India -0.68%. Japan's Nikkei Stock Index fell to a 2-1/2 month low, but China's Shanghai Composite closed higher on speculation that Chinese regulators will extend a ban on stock sales by major shareholders that is due to expire Friday.

The dollar index (DXY00 -0.06%) is down -0.05%. EUR/USD (^EURUSD) is unchanged. USD/JPY (^USDJPY) is down -0.60% at a 2-1/2 month low.

Mar T-note prices (ZNH16 +0.33%) are up +13.5 ticks at a 3-week high as the slide in global stocks boosts safe-haven demand for government debt.

The PBOC cut its daily reference rate on the yuan by 0.22 percent to 6.5314 per dollar, which sent the yuan falling to 6.5616 per dollar, a 4-3/4 year low.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +7.3% with purchase sub-index +4.1% and refi sub-index +10.8%), (2) Dec ADP employment (expected +195,000, Nov +217,000), (3) Nov U.S. trade deficit (expected -$44.00 billion, Oct -$43.89 billion), (4) final-Dec Markit U.S. services PMI (expected +0.3 to 54.0, prelim-Dec -2.4 to 53.7), (5) Dec ISM non-manufacturing index (expected +0.1 to 56.0, Nov -3.2 to 55.9), (6) Nov factory orders (expected -0.2%, Oct +1.5% and +0.2% ex transportation), and (7) minutes of the Dec 15-16 FOMC meeting.

There are 3 of the Russell 3000 companies that report earnings today: Monsanto (consensus $-0.23), RPM Intl (0.57), MSC Industrial Direct (0.87).

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

Equity conferences this week: Goldman Sachs Global Energy Conference on Wed, and Citi Global Internet, Media & Telecommunications Conference on Wed-Thu.

OVERNIGHT U.S. STOCK MOVERS

Apple (AAPL -2.51%) fell nearly 3% in pe-market trading after the Nikkei Asian Review reported that Apple would reduce Q1 output of its latest iPhones by about 30%.

Freeport-McMoRan (FCX +2.44%) tumbled over 4% in pre-market trading after Moody's Investors Service placed the company's debt under review for possible downgrade.

Oracle (ORCL -0.31%) was upgraded to 'Buy' from 'Hold' at Evercore ISI.

Landec Corp. (LNDC -0.34%) reported Q2 EPS of 7 cents, higher than consensus of 6 cents, although Q2 revenue of $140.4 million was below consensus of $143.2 million.

Pioneer Natural Resources (PXD +0.66%) fell over 2% in after-hours trading after it announced an offering of $10.5 million of common stock.

Gilead (GILD +1.28%) said it terminated a Phase 2 study of its Simtuzumab in patients with Idiopathic Pulmonary Fibrosis saying the study showed no evidence of a treatment benefit.

Sonic Corp. (SONC -0.10%) climbed over 1% in after-hours trading after it reported Q1 adjusted EPS of 24 cents, better than consensus of 23 cents.

NuVasive (NUVA +2.28%) said it will acquire Ellipse Technologies MGEC in a transaction valued at $410 million.

Acadia (ACAD -0.46%) slid 4% in after-hours trading after it proposed a $300 million secondary offering of stock.

Sirius XM Holdings (SIRI -1.27%) rose 1% in after-hours trading after the company said it added 2.3 million new subscriptions in 2015, more than expectations of 2.0 million.

Epizyme (EPZM -1.05%) slumped 10% in after-hours trading after it proposed an offering of $120 million in stock.

Conatus Pharmaceuticals (CNAT -2.05%) surged over 15% in after-hours trading after it said its Emricasan drug in a Phase 2 liver cirrhosis study showed significant reductions in liver biomarkers versus a placebo after 3 months of treatment.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 -1.52%) this morning are down -30.25 points (-1.50%) at a 2-1/2 month low. Tuesday's closes: S&P 500 +0.20%, Dow Jones +0.06%, Nasdaq -0.30%. The S&P 500 index on Tuesday closed higher on strength in health-care companies and consumer staples stocks. Stock prices were undercut by carryover weakness from a -0.26% decline in China's Shanghai Composite to a 2-1/2 month low and by weakness in energy producers after crude oil fell to a 2-week low.

Mar 10-year T-notes (ZNH16 +0.33%) this morning are up +13.5 ticks at a 3-week high. Tuesday's closes: TYH6 +3.00, FVH6 +2.50. Mar T-notes on Tuesday closed higher on (1) carryover support from a rally in German bunds to a 1-1/2 week high after weaker-than-expected Eurozone Dec CPI bolstered speculation that the ECB may need to expand QE, and (2) the slump in China's Shanghai Composite to a 2-1/2 month low, which fueled ideas that the Fed might have to delay the next rate hike if the turmoil gets worse.

The dollar index (DXY00 -0.06%) this morning is down -0.048 (-0.05%). EUR/USD (^EURUSD) is unch. USD/JPY (^USDJPY) is down -0.71 (-0.60%) at a 2-1/2 month low. Tuesday's closes: Dollar Index +0.535 (+0.54%), EUR/USD -0.0083 (-0.77%), USD/JPY -0.38 (-0.32%). The dollar index on Tuesday rallied to a 1-month high and closed higher on weakness in EUR/USD which fell to a 1-month low after Eurozone Dec CPI rose less than expected, which may prompt the ECB to boost stimulus measures. The dollar was also boosted by the fall in crude oil to a 2-week low, which fueled a sell-off in commodity currencies as the Canadian dollar plummeted to a 12-1/3 year low against the dollar.

Feb crude oil (CLG16 -2.84%) this morning is down -90 cents (12.50%) at a 2-week low and Feb gasoline (RBG16 -4.02%) is down -0.0437 (-3.48%) at a 2-week low. Tuesday's closes: CLG6 -0.62 (-1.69%), RBG6 -0.0411 (-3.18%). Feb crude and gasoline on Tuesday closed lower with Feb crude at a 2-week low. Crude oil prices were undercut by the rally in the dollar index to a 1-month high and by expectations that Wednesday's weekly EIA inventory report will show that crude oil supplies rose +1.0 million bbl, gasoline stockpiles climbed +2.0 million bbl, and supplies at Cushing rose +700,000 bbl.

GLOBAL EVENT CALENDAR01/06/2016

US	0700 ET	Weekly MBA mortgage applications, previous +7.3% with purchase sub-index +4.1% and refi sub-index +10.8%.
	0815 ET	Dec ADP employment expected +195,000, Nov +217,000.
	0830 ET	Nov trade balance expected -$44.00 billion, Oct -$43.89 billion.
	0945 ET	Final-Dec Markit U.S. services PMI expected +0.3 to 54.0, prelim-Dec -2.4 to 53.7. Final-Dec Markit composite PMI, preliminary -2.4 to 53.5.
	1000 ET	Dec ISM non-manufacturing index expected +0.1 to 56.0, Nov -3.2 to 55.9.
	1000 ET	Nov factory orders expected -0.2%, Oct +1.5% and +0.2% ex transportation
	1030 ET	EIA Weekly Petroleum Status Report.
	1400 ET	Minutes of the Dec 15-16 FOMC meeting.
GER	0355 ET	Revised German Dec Markit services PMI, preliminary -0.2 to 55.4.
EUR	0400 ET	Revised Eurozone Dec Markit composite PMI, preliminary -0.2 to 54.0.
	0500 ET	Eurozone Nov PPI expected -0.2% m/m and -3.2% y/y, Oct -0.3% m/m and -3.1% y/y.
UK	0430 ET	UK Dec Markit/CIPS services PMI expected -0.3 to 55.6, Nov 55.9.

U.S. STOCK CALENDAR01/06/2016

Company	Ticker	Time	Event Description	Period	Estimate
RPM International Inc	RPM US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.568
MSC Industrial Direct Co Inc	MSM US	7:00	Q1 2016 Earnings Release	Q1 2016	0.873
Monsanto Co	MON US	8:00	Q1 2016 Earnings Release	Q1 2016	-0.231
MSC Industrial Direct Co Inc	MSM US	8:30	Q1 2016 Earnings Call	Q1 2016
Monsanto Co	MON US	9:30	Q1 2016 Earnings Call	Q1 2016
RPM International Inc	RPM US	10:00	Q2 2016 Earnings Call	Q2 2016
Acuity Brands Inc	AYI US	11:00	Annual General Meeting	Y 2016
Costco Wholesale Corp	COST US	21:00	December 2015 Sales and Revenue Release	2015
AutoNation Inc	AN US		December 2015 Sales and Revenue Release	2015