SI Financial Group - Chart of the Day

SI Financial Group (SIFI) is the Barchart Chart of the Day,  The Connecticut savings bank has a Trend Spotter buy signal, a Weighted Alpha of 23.00+, gained 21.87% in the last year while paying a 1.16% dividend.

The Chart of the Day belongs to Si Financial Group (SIFI).  I found the Connecticut bank stock by using Barchart to find the 52 week high list and using the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy in 12/14 the stock gained 4.28%.

SI Financial Group, Inc. is the holding company for Savings Institute Bank and Trust Company, a community-oriented financial institution headquartered in Willimantic, Connecticut. Through its branch locations, the Bank offers a full-range of financial services to individuals, businesses and municipalities within its market area. The primary product offerings include savings, checking and deposit accounts, certificates of deposit, residential and commercial mortgage loans, commercial business loans and consumer loans. Additionally, wealth management services, which include trust, financial planning, investment services and life insurance, are offered to individuals and businesses through its Connecticut offices. The Bank operates offices in Windham, New London, Tolland, Hartford Counties and Middlesex Counties, which the Bank considers its primary market area.

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:

• 64% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 1.79% in the last month
• Relative Strength Index 53.82%
• Technical support level at 13.37
• Recently traded at 13.56 with a 50 day moving average of 13.26

Fundamental factors:

• Market Cap $168..50 million
• P/E 40.50
• Dividend yield 1.16%
• Earnings have compounded at an annual rate of 12.98% over the last 5 years
• No Wall Street analysts are following the stock
• 9 individual investor on Motley Fool are split and voted 4 to 5 as to whether the stock would beat the market or not

None of the technical trading strategies have worked on this stock.  I have noticed that when an unfollowed stock keeps rising to a high P/E level that someone is accumulating shares for future control or merger.

No need to Panic

There is no need to panic and sell madly but you should be using discipline and selling those stocks that are hitting your mental stop loss.  Some of you have a 10% loss, the 50 or 100 daily average, or one of my favorites the 50-100 Day MACD Oscillator.

Whatever stop loss you use should be implemented and trim but din;t butcher your portfolio.

My accounts will see trimming today.

American Water Works - Chart of the Day

American Water Works (AWK) is by default the Barchart Chart of the Day.  The water utilitity company has a Trend Spotter buy signal, a Weighted Alpha of 23.15+, gained 10.12% in the last year and paid a 2.26% dividend.

The Chart of the Day belongs to American Water Works (AWK) by default.  Yesterday  when the market closed only 7.96% of all the stocks traded closed above their 20 Day Moving Average and only 10.51% closed above their 50 Day Average.  Today is up but not much better.  One day up does not a rally make!  Bad syntax for an equally bad market.  I found the stock as the only stock on the 52 week high list that traded a full year or didn't have merger activity or rumors.  I have nothing else to talk about.

AWK is the largest investor-owned U.S. water and waste water utility company. With headquarters in Voorhees, N.J., the company employs nearly seven thousand dedicated professionals who provide drinking water, waste water and other related services to approximately 15.6 million people in 32 states and Ontario, 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:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 7.07% in the last month
• Relative Strength Index 62.35%
• Technical support level at 59.38
• Recently traded at 60.79 with a 50 day moving average of 58.24

Fundamental factors:

• Market Cap $10.97 billion
• P/E 23.15
• Dividend yield 2.26%
• Revenue expect to grow 5.20% this year and another 5.40% next year
• Earnings estimated to increase 6.50% this year, 7.20% next year and continue to increase at an annual rate of 7.72% for the next 5 years
• Wall Street analysts issued 4 strong buy, 7 buy and 5 hold recommendations on the stock

Although the 50-100 Day MACD Oscillator has been a reliable technical trading strategy for this stock, I thinks it's real value is in earnings, dividends and a good DRIP plan.

The Tallest Midget in the Circus

Every day I usually write a post about the "5 Best" stocks in either a capital weighted index or sector and I know you guys expect that.  Today however at 2:00 PM when I looked at the 52 week high list there were only 4 stocks on the list, RMR Group (RMR) hasn't traded for 52 weeks yet and WebMD Health (WBMD) and Dyax (DAYX) were up and down on merger activity and rumors.

That left only American Water Works (AWK) as the Tallest Midget in the Circus.

American Water Works (AWK)

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 7.07%
• Relative Strength Index 62.35%
• Technical support level 59.38%
• Recently traded at 60.79 with a 50 day moving average of 58.24

MORNING CALL 1/14

MORNING CALL

Thursday, January 14th, 2016View 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 +0.23%) are down -0.08% at a 3-1/2 month low and European stocks are down -2.67% at a 13-month low on global growth concerns. As expected, the BOE maintained its benchmark interest rate at 0.50% and kept its asset purchase target at 375 billion pounds following the conclusion of today's monetary policy meeting. U.S. stock index futures recovered from their worst levels as JPMorgan Chase climbed over +1% in pre-market trading after it reported better-than-expected Q4 earnings. Asian stocks settled mostly lower: Japan -2.68%, Hong Kong -0.59%, China +1.97%, Taiwan -1.04%, Australia -1.57%, Singapore -1.93%, South Korea -0.92%, India -0.33%. Japan's Nikkei Stock Index dropped to a 3-1/2 month low as it followed Wednesday's losses in U.S. stocks, although China's Shanghai Composite erased early losses and recovered from a 4-1/2 month low and closed higher on signs of increased government efforts to prop up shares after state funds entered the market to buy stocks and after Chinese stock exchanges vowed to step up monitoring of share sales by companies' major shareholders.

The dollar index (DXY00 -0.16%) is down -0.28%. EUR/USD (^EURUSD) is up +0.37%. USD/JPY (^USDJPY) is up +0.05%.

Mar T-note prices (ZNH16 -0.07%) are up +3.5 ticks on increased safe-haven demand as stocks falter along with reduced inflation expectations after the 10-year T-note breakeven inflation rate tumbled to a 3-1/2 month low.

The China Securities Regulatory Commission said the forthcoming registration system for initial public offerings won't lead to an oversupply of new shares.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly initial unemployment claims (expected -2,000 to 275,000, previous -10,000 to 277,000) and continuing claims (expected -20,000 to 2.210 million, previous +25,000 to 2.230 million), (2) Dec import price index (expected -1.4% m/m and -8.4% y/y, Nov -0.4% m/m and -9.4% y/y), (3) St. Louis Fed President James Bullard's speech to the Economic Club of Memphis, and (4) the Treasury's auction of $13 billion 30-year T-bonds.

There are 3 of the Russell 1000 companies that report earnings today: JP Morgan Chase (consensus $1.27), Intel (0.63), First Republic Bank (0.81).

U.S. IPO's scheduled to price today: Shimmick Constructions Co (SCCI).

Equity conferences during the remainder of this week: J.P. Morgan Health Care Conference on Mon-Thu.

OVERNIGHT U.S. STOCK MOVERS

Alcoa (AA -2.06%) was downgraded to 'Hold' from 'Buy' at Argus.

JPMorgan Chase (JPM -2.75%) climbed over 1% in pre-market trading after it reported Q4 EPS of $1.40, better than consensus of $1.27.

Fiat Chrysler Automobiles NV (FCA -4.40%) dropped over 4% in pre-market trading after Automotive News reported that two dealerships alleged the company offered dealers money to falsify sales,

CSX Corp. (CSX -5.70%) was upgraded to 'Buy' from 'Hold' at BB&T Capital Markets with a 12-month price target of $27.

Extra Space Storage (EXR -1.06%) rose 2% in after-hours trading after it was reported that it will replace Chubb in the S&P 500 after the close of trading this Friday, January 15.

GoPro (GPRO +0.07%) slumped over 20% in after-hours trading after it reported preliminary Q4 revenue of $435 million, below consensus of $510.9 million, and said it will cut 7%, or about 100 employees from its workforce.

Vail Resorts (MTN -3.84%) climbed over 3% in after-hours trading after it reported lift ticket revenue at its U.S. resorts was up +19% for the current season through Jan 10.

KB Home (KBH -2.95%) gained over 1% in after-hours trading after it said it will buy back up to 10 million shares.

JetBlue (JBLU -4.26%) rose over 1% in after-hours trading after it reported a +11.3% y/y increase in December traffic and a +9.5% increase in capacity, or available seat miles, to 4.6 million.

World Wrestling Entertainment (WWE -4.05%) climbed over 3% in after-hours trading after it was reported that it will replace Wausau Paper in the S&P SmallCap 600 on the close of trading Wednesday, January 20.

Aqua America (WTR -0.95%) fell nearly 2% in after-hours trading after it forecast 2016 EPS of $1.30-$1.35, below consensus of $1.36.

U.S. Concrete (USCR -3.90%) gained 4% in after-hours trading after it was announced that it will replace Extra Space Storage in the S&P SmallCap 600 on the close of trading this Friday, January 15.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.23%) this morning are down -1.50 (-0.08%) points at a 3-1/2 month low. Wednesday's closes: S&P 500 -2.50%, Dow Jones-2.21%, Nasdaq -3.48%. The S&P 500 on Wednesday slumped to a 3-1/4 month low and closed sharply lower on negative carryover from a -2.42% sell-off in the China Shanghai Composite to a 4-1/2 month low and weakness in energy producer stocks after weekly EIA data showed supplies of crude oil and refined products continue to grow. Consumer discretionary stocks were led lower by a 10% plunge in BorgWarner on disappointing 2016 sales guidance.

Mar 10-year T-notes (ZNH16 -0.07%) this morning are up +3.5 ticks. Wednesday's closes: TYH6 +7.50, FVH6 +4.00. Mar T-Notes on Wednesday rose to a 2-1/2 month high and closed higher on the plunge in stocks, which spurred safe-haven demand buying of T-notes, and by dovish comments from Chicago Fed President Evans who said he backs an "even shallower" path for fed funds rate increases than his FOMC colleagues.

The dollar index (DXY00 -0.16%) this morning is down -0.281 (-0.28%). EUR/USD (^EURUSD) is up +0.0040 (+0.37%). USD/JPY (^USDJPY) is up +0.06 (+0.05%). Wednesday's closes: Dollar Index -0.041 (-0.04%), EUR/USD +0.0019 (+0.17%), USD/JPY +0.03 (+0.03%). The dollar index on Wednesday closed lower on comments from Chicago Fed President Evans who said the cost of raising the fed funds rate too fast "far exceed" costs of removing accommodation too slowly, which signals that he is not in favor of raising interest rates anytime soon. In addition, the Fed Beige Book stated that U.S. wage pressures are subdued and overall prices pressures are minimal, which may cause the Fed to pause on additional interest rate increases.

Feb crude oil (CLG16 +1.38%) this morning is up +26 cents (+0.85%) and Feb gasoline (RBG16 +2.40%) is up +0.0182 (+1.73%). Wednesday's closes: CLG6 +0.04 (+0.13%), RBG6 -0.0320 (-2.95%). Feb crude oil and gasoline prices on Wednesday settled mixed with Feb gasoline at a 6-3/4 year low. Crude oil prices were undercut by the +8.44 million bbl surge in weekly EIA gasoline inventories to a 10-1/2 month high and the +6.14 million bbl increase in EIA distillate stockpiles to a 5-year high of 165.5 million bbl. Crude oil prices founds support on (1) the +234,000 bbl increase in EIA crude inventories, less than expectations of +2.0 million bbl, and (2) strong Chinese demand after Chinese customs data showed China 2015 crude imports rose +8.8% y/y to a record 334 MMT.

GLOBAL EVENT CALENDAR01/14/2016

US	0830 ET	Weekly initial unemployment claims expected -2,000 to 275,000, previous -10,000 to 277,000. Weekly continuing claims expected-20,000 to 2.210 million, previous +25,000 to 2.230 million.
	0830 ET	Dec import price index expected -1.4% m/m and -8.4% y/y, Nov -0.4% m/m and -9.4% y/y.
	0830 ET	USDA weekly Export Sales.
	0830 ET	St. Louis Fed President James Bullard speaks to the Economic Club of Memphis.
	1100 ET	Treasury announces amount of 10-year TIPS to be auctioned Jan 21 (previous $13 billion).
	1300 ET	Treasury auctions $13 billion 30-year T-bonds.
JPN	0100 ET	Japan Dec machine tool orders, Nov -17.7% y/y.
GER	0200 ET	German Dec wholesale price index, Nov -0.2% m/m and -1.1% y/y.
UK	0700 ET	BOE announces interest rate decision and asset purchase target, expected no change to the 0.50% benchmark rate or to the 375 billion pound asset purchase target.

U.S. STOCK CALENDAR01/14/2016

Company	Ticker	Time	Event Description	Period	Estimate
JPMorgan Chase & Co	JPM US	6:45	Q4 2015 Earnings Release	Q4 2015	1.27
Domino's Pizza Inc	DPZ US	8:00	Investor Day	Y 2016
First Republic Bank/CA	FRC US	8:00	Q4 2015 Earnings Release	Q4 2015	0.812
JPMorgan Chase & Co	JPM US	8:30	Q4 2015 Earnings Call	Q4 2015
Aqua America Inc	WTR US	9:00	Analyst Day	Y 2016
First Republic Bank/CA	FRC US	10:00	Q4 2015 Earnings Call	Q4 2015
Danaher Corp	DHR US	17:00	ITC Decision Due in Instradent vs. Danaher Corp. Patent Case
Intel Corp	INTC US	17:00	Q4 2015 Earnings Call	Q4 2015
Intel Corp	INTC US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.633
Best Buy Co Inc	BBY US		Sales Release

Sovran Self Storage - Chart of the Day

Sovran Self Storage (SSS) is the Barchart Chart of the Day.  The self storage REIT has a Trend Spotter buy signal, a Weighted Alpha of 22.82 and gained 27.95% plus paid a 3.11% dividend.

The Chart of the Day belongs to Sovran Self Storage (SSS).  I found the self storage stock by using Barchart to sort today's 52 week high list first for the highest numbers of new highs in the last month, then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 11/20 the stock gained 9.62%.

Sovran Self Storage, Inc. is a self-administered and self-managed real estate investment trust which acquires, owns and manages self-storage properties.

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:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 10.14% in the last month
• Relative Strength Index 64.96%
• Technical support level at 107.39
• Recently traded at 109.64 with a 50 day moving average of 102.71

Fundamental factors:

• Market Cap $3.97 billion
• P/E 23.15
• Dividend yield 3.11%
• Revenue expected to grow 12.30% this year and another 10.40% next year
• Earnings estimated to increase 19.60% this year, an additional 11.70% next year and continue to compound at an annual rate of 4.00% of the next 5 years
• Wall Street analysts issued 4 strong buy, 5 buy and 4 hold recommendations on the stock

This is not a trading stock but one you might want to buy, hold and place in a Drip Plan.  Per MorningStar if you had done that over the last 5 years you would have had an annual total return of about 27.15%.

Didital Realty Trust - Chart of the Dat

Digital Realty Trusts (DLR) is the Barchart Chart of the Day.  The high tech realty company has a Trend Spotter buy signal, a Weighted Alpha of 15.70+, gained 13.72% in the last year while paying a 4.41% dividend.

The Chart of the Day belongs to Digital Realty Trust  (DLR).  I found the high tech realty stock by using Barchart to sort the 52 week high list first for stocks with the highest number of new highs in the last month, then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 12/17 the stock gained 5.89%.

Digital Realty Trust (DLR) owns, acquires, repositions and manages technology-related real estate. The Company's properties contain applications and operations critical to the day-to-day operations of technology industry tenants.

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% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 11.86% in the last month
• Relative Strength index 69.17%
• technical support level at 76.30
• Recently traded at 78.00 with a 50 day moving average of 73.56

Fundamental factors:

• Market Cap $10.60 billion
• P/E 15.20
• Dividend yield 4.41%
• Revenue expected to grow 8.70% this year and another 15.10% next year
• Earnings estimated to increase 4.70% this year, an additional 6.60% next year and continue to compound at an annual rate of 7.50% for the next 5 years
• Wall Street analysts issued 7 strong buy, 1 buy, 5 hold and 2 sell recommendations on the stock

This is one of those stocks you shouldn't be trading but buy, hold and put your dividends on a DRIP to compound over time.

Ocean Shore - Chart of the Day

Ocean Shore (OSHC) is the Barchart Chart of the Day.  The New Jersey based bank has a Trend Spotter by signal, a Weighted Alpha of 26.02+ and gained 25.71% in the last year.

The Chart of the Day is Ocean Shore (OSHC).  I found the New Jersey based back stock by using Barchat to sort today's 52 Week High list first for the highest number of new highs in the last month then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 12/29 the stock gained 4.03%.

Ocean Shore Holding Co. is the holding company for Ocean City Home Bank, a federal savings bank headquartered in Ocean City, New Jersey. The Bank operates a total of six full-service banking offices in southern New Jersey.

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
• 11 new highs and up 6.84$% in the last month
• Relative Strength Index 69.75%
• Technical support level at 17.01
• Recently traded at 17.80 with a 50 day moving average of 16.87

Fundamental factors:

• Market Cap $113.92 million
• P/E 15.77
• Dividend yield 1.38%
• Revenue expected to grow 2.10% next year
• Earnings estimated to increase 14.30% this year and another .90% next year
• Only 1 Wall Street analysts has a hold recommendation on the stock
• On Motley Fool the individual investor following the stock voted 7 to 0 that the stock will beat the market

The 50-100 Day MACD Oscillator has been a reliable technical trading strategy on this stock.  Sometimes when a stock has a small following, weak revenue and earnings estimates but continues to rise some merger/acquisition activity may be on the horizon.

NJR, BKH,CUBE buy signals - GPN Sell signal

Today I made some changes to the Barchart Van Meerten New High portfolio based on current price momentum.

I added New Jersey Resources (NJR), Black Hills (BKH) and CubeSmart (CUBE) based on positive price momentum.

I deleted Global Payments (GPN) based on negative price momentum.

BOUGHT

New Jersey Resources (NJR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 21.25% in the last month
• Relative Strength Index 66.03%
• Technical support level at 32.72
• Recently traded at 34.05 with a 50 day moving average of 30.99

Black Hills (BKH)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 13.01% in the last month
• Relative Strength Index 61.53
• Technical support level at 46.51%
• Recently traded at 46.74 with a 50 day moving average of 44.18

CubeSmart (CUBE)

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 7.19% in the last month
• Relative Strength Index 62.71%
• Technical support level at 30.81
• Recently traded at 31.44 with a 50 day moving average of 29.42

SOLD

Global Payments (GPN)

Barchart technical indicators:

• 64% technical sell signals
• Trend Spotter sell signal
• Below its 20, 50, and 100 day moving averages
• 20.50% off its recent high
• Relative Strength Index 28.70%
• Recently traded at 59.31 which is below its 50 day moving average of 67.97

MORNING CALL 1/11

MORNING CALL

Monday, January 11th, 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 +0.33%) are up +0.50% and European stocks are up +0.74%. The Mar E-mini S&P had posted a 3-1/4 month low in overnight trade when China's Shanghai Composite slid over 5% to a 3-3/4 month low, but recovered their losses and moved higher as they attempt to stabilize ahead of Q4 company earnings season that begins this week. European stocks were led higher by a rally in automakers, with Volkswagen, BMW AG, and Daimler AG all up over 1.5%. Asian stocks settled lower: Japan closed for holiday, Hong Kong -2.76%, China -5.33%, Taiwan -1.34%, Australia -1.17%, Singapore -1.54%, South Korea -1.22%, India -0.44%. China's Shanghai Composite closed down % after China Dec producer prices fell for a record 46th consecutive month and declined at the fastest pace in 6-1/2 years, which pessimism over China's economy. The Shanghai Composite closed on its lows even as the yuan strengthened against the dollar, after Beijing News cited Premier Li Keqiang as saying policy makers won't seek strong stimulus or flood the economy with too much investment to boost demand.

The dollar index (DXY00 -0.08%) is down -0.03%. EUR/USD (^EURUSD) is down -0.20%. USD/JPY (^USDJPY) is up +0.38% as it recovered from a 4-1/2 month low after a rally in U.S. and European stocks curbed safe-haven demand for the yen.

Mar T-note prices (ZNH16 -0.12%) are down -4.5 ticks.

Eurozone Jan Sentix investor confidence fell -6.1 to 9.6, weaker than expectations of -4.3 to 11.4 and a 1-year low.

China Dec CPI rose +1.6% y/y, right on expectations. Dec PPI fell -5.9% y/y, weaker than expectations of -5.8% y/y and matched the fastest pace of decline in 6-1/4 years.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Atlanta Fed President Dennis Lockhart speaks on the U.S. economic outlook and monetary policy to the Rotary Club of Atlanta, (2) Dallas Fed President Rob Kaplan speaks on economic conditions and monetary policy at the North Texas Economic Forum.

There are 3 of the Russell 1000 companies that report earnings today: Alcoa (consensus $0.02), Global Payments (0.75), Lumentum Holdings (0.28).

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

Equity conferences this week: North American International Auto Show (Detroit) - Press Days on Mon-Tue, J.P. Morgan Health Care Conference on Mon-Thu, Needham & Company Growth Conference on Tue, Deutsche Bank Global Auto Conference on Tue-Wed.

OVERNIGHT U.S. STOCK MOVERS

Wyndham Worldwide (WYN -0.30%) was upgraded to 'Hold' from 'Sell' at Deutsche Bank.

Ilumina (ILMN -1.52%) is up 6% in pre-market trading after it raised guidance on 2016 core adjusted EPS to $3.80-$3.90, higher than estimates of $3.76.

Whiting Petroleum (WLL +3.05%) was upgraded to 'Outperfom' from 'Market Perform' at Wells Fargo Securities.

Marathon Oil (MRO -3.00%) and Devon Energy (DVN +1.57%) were both upgraded to 'Overweight' from 'Equalweight' at Barclays.

Williams-Sonoma (WSM -3.22%) was downgraded to 'Neutral' from 'Outperform' at Wedbush.

M&T Bank (MTB -2.05%) was downgraded to 'Neutral' from 'Buy' at Goldman Sachs.

Statoil (STO -2.74%) was added to the 'Conviction Sell' list at Goldman Sachs.

L'oreal (LRLCY -0.45%) was added to the 'Conviction Buy' list at Goldman Sachs.

Keycorp (KEY -2.13%) was upgraded to 'Buy' from 'Neutral' at Goldman Sachs.

Cheniere Energy (LNG +0.11%) climbed nearly 3% in after-hours trading after Baupost raised its stake in eh company to 15.01% from 9.60% in September.

HCA Holdings (HCA -0.03%) rose nearly 6% in after-hours trading after the company said its fiscal 2015 adjusted EBITDA will be about $7.9 billion, higher than consensus of $7.77 billion.

Affymetrix (AFFX -1.39%) surged over 40% in after-hours trading after Thermo Fisher Scientific TMO acquired the company for $1.3 billion or $14 a share.

Actuity Brands (AYI -3.73%) fell over 3% in after-hours trading, adding on to Friday's -3.7% decline, after the company reported Q1 revenue of $736.6 million, below estimates of $740.1 million.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.33%) this morning are up +9.50 points (+0.50%). Friday's closes: S&P 500 -1.08%, Dow Jones -1.02%, Nasdaq -0.81%. The S&P 500 on Friday erased an early rally and fell to a 3-1/4 month low on weakness in energy producers as crude oil prices declined and on concern that the recent weakness in Chinese stocks has yet to run its course. Stocks initially opened higher on carry-over support from a +1.97% rally in China's Shanghai Composite and the +292,000 increase in U.S. Dec non-farm payrolls, stronger than expectations of +200,000.

Mar 10-year T-notes (ZNH16 -0.12%) this morning are down -4.5 ticks. Friday's closes: TYH6 +9.50, FVH6 +6.50. Mar T-notes on Friday posted a 2-1/4 month high and closed higher on (1) a lack of wage pressures after U.S. Dec average hourly earnings were unch m/m and up +2.5% y/y (weaker than expectations of +0.2% m/m and +2.7% y/y) (2) weaker commodity prices that reduced inflation expectations as the 10-year T-note breakeven inflation rate fell to a 2-week low, and (3) increased safe-haven demand after the S&P 500 gave up an early rally and fell to a 3-1/4 month low.

The dollar index (DXY00 -0.08%) this morning isdown -0.030 (-0.03%) . EUR/USD (^EURUSD) is down -0.0022 (-0.20%). USD/JPY (^USDJPY) is up +0.45 (+0.38%). Friday's closes: Dollar Index +0.321 (+0.33%), EUR/USD -0.0010 (-0.09%), USD/JPY -0.41 (-0.35%). The dollar index on Friday settled higher on the stronger-than-expected U.S. Dec payroll report, which bolsters the case for the Fed to continue to raise interest rates. In addition, there was weakness in EUR/USD after German Nov industrial production unexpectedly fell -0.3% m/m, weaker than expectations of +0.5% m/m. The dollar was undercut by the slide in stocks, which boosted safe-haven demand for the yen as USD/JPY tumbled to a 4-1/2 month low.

Feb crude oil (CLG16 -1.54%) this morning is down -54 cents (-1.63%) and Feb gasoline (RBG16 +0.20%) is down -0.0056 (-0.50%). Friday's closes: CLG6 -0.39 (-1.17%), RBG6 -0.0241 (-2.10%). Feb crude oil and gasoline on Friday closed lower on a stronger dollar and on concern that the turmoil in China will exacerbate a global oil glut. Losses in crude oil were limited after U.S. Dec non-farm payrolls rose more than expected in a sign of U.S. economic strength.

GLOBAL EVENT CALENDAR01/11/2016

US	1100 ET	USDA weekly grain export inspections.
	1240 ET	Atlanta Fed President Dennis Lockhart speaks on the U.S. economic outlook and monetary policy to the Rotary Club of Atlanta.
	1750 ET	Dallas Fed President Rob Kaplan speaks on economic conditions and monetary policy at the North Texas Economic Forum.
EUR	0430 ET	Eurozone Jan Sentix investor confidence expected -4.4 to 11.3, Dec 15.7.
UK	1901 ET	UK Dec BRC sales like-for-like expected +0.5% y/y, Nov -0.4% y/y.
JPN	n/a	Japanese markets closed for Coming-of-Age Day.

U.S. STOCK CALENDAR01/11/2016

Company	Ticker	Time	Event Description	Period	Estimate
American Airlines Group Inc	AAL US	Bef-mkt	December 2015 Sales and Revenue Release - Traffic Results	2015
Sirona Dental Systems Inc	SIRO US	13:00	Extraordinary Shareholders Meeting
Alcoa Inc	AA US	16:03	Q4 2015 Earnings Release	Q4 2015	0.024
Alcoa Inc	AA US	17:00	Q4 2015 Earnings Call	Q4 2015
United Continental Holdings Inc	UAL US	17:00	December 2015 Sales and Revenue Release - Operational Performance	2015
DENTSPLY International Inc	XRAY US		Special Meeting - M&A Vote
Sirona Dental Systems Inc	SIRO US		Special Meeting - M&A Vote
Global Payments Inc	GPN US		Q2 2016 Earnings Release	Q2 2016	0.753
Lumentum Holdings Inc	LITE US		Q2 2016 Earnings Release	Q2 2016	0.283