National Storage Affiliates - Chart of the day

National Storage Affiliates (NSA) is the Barchart Chart of the Day.  The self storage unit REIT has a Trend Spotter buy signal, a Weighted Alpha of 46.80+, gained 39.77% in the last year and paid a 4.62% dividend.

The Chart of the Day belongs to National Storage Affiliates (NSA).  I found the self storage unit REIT by using Barchart to sort today's All Time High list first by technical buy signals, then I used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 2/24 the stock gained 4.91%.

National Storage Affiliates Trust is a real estate investment trust. The company is focused on the ownership, operation and acquisition of self-storage properties primarily in the United States. National Storage Affiliates Trust is based in Houston, United States.

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
• 4 new highs and up 5.64% in the last month
• Relative Strength Index 66.60%
• Technical support level at 17.76
• Recently traded at 18.17 with a 50 day moving average of 16.92

Fundamental factors:

• Market Cap $418.27 million
• Dividend yield 4.62%
• Revenue expected to grow 28.40% next year
• Earnings estimated to increase 14.30% next year and continue to compound 4.00% a year for the next 5 years
• Wall Street analysts issued 1 strong buy, 1 buy and 3 hold recommendations on the stock

Although the Price vs, the 100 Day moving average as been a reliable technical trading strategy on this stock you might want to consider holding it and putting it on a DRIP .

Texas Roadhouse - Chart of the Day

Texas Roadhouse (TXRH) is the Barchart Chart of the Day.  The steak house chain has a Trend Spotter buy signal, a Weighted Alpha of 20.30+, and gained 12.64% in the last year.

The Chart of the Day belongs to Texas Roadhouse (TXRH).  I found the steak house stock by using Barchart to sort today's All Time High list first for the highest technical buy signal then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/14 the stock gained 16.88%.

Texas Roadhouse is a growing, moderately priced, full service restaurant chain. They offer an assortment of specially seasoned and aged steaks hand-cut daily in every restaurant and cooked to order over open gas-fired grills. They also offer their customers, whom they call their guests, a selection of ribs, fish, chicken and vegetable plates, an assortment of hamburgers, salads and sandwiches.

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
• 8 new highs and up 21.00% in the last month
• Relative Strength Index 76.04%
• Technical support level at 40.46
• Recently traded at 42.23 with a 50 day moving average of 36.11

Fundamental factors:

• Market Cap $2.96 billion
• P/E 30.40
• Dividend yield 1.63%
• Revenue expected to grow 11.60% this year and another 10.2% next year
• Earnings estimated to increase 24.50% this year, an additional 15.80% next year and continue to compound at an annual rate of 14.98% for the next 5 years
• Wall Street analysts issued 5 strong buy, 1 buy, 9 hold and 1 strong sell recommendation on the issue.

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

The 5 Best S&P 500 Large Caps

This morning I used Barchart to sort the S&P 500 Large Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts for consistency of the upward momentum.  The list today includes:

Reynolds American (RAI), Eversource Energy (ES), Baxter International (BAX), XCEL Energy (XEL) and Waste Management (WM).

Reynolds American (RAI)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 10.04% in the last month
• Relative Strength Index 67.70%
• Technical support level at 49.59
• Recently traded at 51.03 with a 50 day moving average of 47.31

Eversource Energy (ES)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 10 day moving averages
• 10 new highs and up 9.02% in the last month
• Relative Strength Index 67.04%
• Technical support level at 55.14
• Recently traded at 56.57 with a 50 day moving average of 52.46

Baxter International (BAX)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 8.04% in the last month
• Relative Strength Index 61.79%
• Technical support level at 37.35
• Recently traded at 38.99 with a 50 day moving average of 36.96

XCEL Energy (XEL)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 8.95% in the last month
• Relative Strength Index 67.30%
• Technical support level at 39.20
• Recently traded at 40.20 with a 50 day moving average of 37.28

Waste Management (WM)

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 5.87% in the last month
• Relative Strength Index 66.83%
• Recently traded at 56.37 with a 50 day moving average of 53.24

MORNING CALL 2/25

MORNING CALL

Thursday, February 25th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 +0.14%) are little changed, up +0.13%. Crude oil prices are down -0.47%, which has drug energy producers and service companies lower with Transocean Ltd. and Kinder Morgan both down at last 1.2% in pre-market trading. Also, a -6.41% plunge in China's Shanghai Composite to a 1-week low undercut stocks after a surge in money-market rates indicated tighter liquidity as China's overnight repurchase rate climbed 14 bp to 2.11%, the largest increase in almost 3 weeks. European stocks are up +1.81% after the Eurozone Jan CPI was revised lower, which bolsters the case for the ECB to expand stimulus when it meets next month. Asian stocks settled mixed: Japan +1.41%, Hong Kong -1.58%, China -6.41%, Taiwan +1.00%, Australia +0.13%, Singapore -0.63%, South Korea +0.20%, India -0.49%. U.S Treasury Secretary Lew said that G-20 finance ministers won't deliver an "emergency response" to the recent market turmoil when they meet in Shanghai for a 2-day meeting Friday and Saturday as we aren't in a crisis environment.

The dollar index (DXY00 -0.15%) is down -0.05%. EUR/USD (^EURUSD) is up +0.15%. USD/JPY (^USDJPY) is up +0.20%.

Mar T-note prices (ZNH16 +0.07%) are up +3 ticks.

St. Louis Fed President Bullard said there's "too much talk about negative interest rates" and that he doesn’t see recession risk rising in the U.S. He added, that the U.S Jan CPI report was "hot" and that he expects inflation expectations to stabilize.

The Eurozone Jan CPI was revised downward to +0.3% y/y from the originally reported +0.4% y/y. The Jan core CPI was left unchanged at +1.0% y/y.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Atlanta Fed President Dennis Lockhart's opening remarks at the Atlanta Fed’s 2016 Banking Outlook Conference, (2) weekly initial unemployment claims (expected +8,000 to 270,000, previous -7,000 to 262,000) and continuing claims (expected -20,000 to 2.253 million, previous +30,000 to 2.273 million), (3) Jan durable goods orders (expected +2.7% and +0.3% ex transportation, Dec -5.0% and -1.0% ex transportation), (4) Dec FHFA house price index (expected +0.5% m/m, Nov +0.5% m/m), (5) Feb Kansas City Fed manufacturing activity (expected +3 to -6, Jan unch at-9), (6) San Francisco Fed President John Williams' speech at NYU Stern Business School, and (7) the Treasury's auction of $28 billion of 7-year T-notes.

There are 19 of the S&P 500 companies that report earnings today with notable reports including: Best Buy (consensus $1.39), Kohl's (1.55), Gap (0.57), Kraft (0.58), Monster Beverage (0.82), Patterson Cos (0.67), Apache (-0.49), Autodesk (0.12), Intuit (0.19).

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

Equity conferences during the remainder of this week include: IHS Energy CERAWeek Conference on Tue-Thu, Cantor Fitzgerald Internet & Technology Conference on Thu, Gabelli & Company Pump, Valve and Water Systems Symposium on Thu.

OVERNIGHT U.S. STOCK MOVERS

Salesforce.com (CRM -0.60%) jumped over 9% in pre-market trading after it said it sees Q1 adjusted EPS of 23 cents-24 cents, above consensus of 21 cents, and raised guidance on fiscal 2017 adjusted EPS to 99 cents-$1.01, higher than consensus of 99 cents.

Best Buy (BBY +1.78%) dropped over 3% in pre-market trading after it said it sees Q1 ajusted EPS of 31 cents-35 cents, below consensus of 39 cents.

Charter Communications (CHTR +0.80%) was upgraded to 'Overweight' from 'Neutral' at JPMorgan Chase with a 12-month price target of $210.

Kohl's (KSS +1.16%) reported Q4 EPS of $1.58, higher than consensus of $1.55.

Bankrate (RATE +2.51%) was downgraded to 'Hold' from 'Buy' at Topeka Capital Markets.

Imax Corporation (IMAX +2.39%) fell over 7% in after-hours trading after it reported Q4 EPS of 39 cents, below consensus of 42 cents.

La Quinta Holdings (LQ +1.88%) lost over 3% in after-hours trading after it said it sees 2016 pro forma adjusted Ebitda of $367 million-$384 million versus $394 million y/y.

Relypsa (RLYP -2.39%) slumped over 10% in after-hours trading after it reported a Q4 adjusted EPS loss of -$1.40, a wider loss than consensus of -$1.35.

AmSurg (AMSG -0.01%) climbed nearly 5% in after-hours trading after it reported Q4 adjusted EPS of $1.07, higher than consensus of $1.04.

Restoration Hardware (RH +1.29%) plunged over 20% in pre-market trading after it reported preliminary Q4 adjusted EPS of 99 cents, well below consensus of $1.40.

Andarko Petroleum (APC +2.58%) rose nearly 7% in after-hours trading after it sold its Springfield Pipeline LLC to Western Gas Partners for $750 million.

Malibu Boats (MBUU +2.41%) was rated a new 'Buy' at B. Riley with a 12-month price target of $22.

Diamond Resorts International (DRII -1.60%) jumped 17% in after-hours trading after it said it hired Centerview Partners to explore a wide range of strategic options to maximize shareholder value.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.14%) this morning are up +2.50 points (+0.13%). Wednesday's closes: S&P 500 +0.44%, Dow Jones +0.32%, Nasdaq +0.92%. The S&P 500 on Wednesday recovered from a 1-week low and closed higher on a rebound in crude oil that boosted energy producer stocks and on Richmond Fed President Lacker's comment that there is "no evidence" that a U.S. recession is imminent. Stocks were undercut by the -9.2% decline in U.S. Jan new home sales to 494,000 (weaker than expectations of -4.4% to 520,000) and the unexpected -3.4 point decline in the U.S. Feb Markit services PMI to a 2-1/3 year low of 49.8 (weaker than expectations of +0.3 to 53.5).

Mar 10-year T-notes (ZNH16 +0.07%) this morning are up +3 ticks. Wednesday's closes: TYH6 +2.00, FVH6 +1.25. Mar T-notes on Wednesday climbed to a 1-week high and closed higher on U.S. economic concerns after the weak Jan new home sales and Feb Markit services PMI reports.

The dollar index (DXY00 -0.15%) this morning is down -0.044 (-0.05%). EUR/USD (^EURUSD) is up +0.0016 (+0.15%). USD/JPY (^USDJPY) is up +0.22 (+0.20%). Wednesday's closes: Dollar Index -0.023 (-0.02%), EUR/USD -0.0007 (-0.06%), USD/JPY +0.08 (+0.07%). The dollar index on Wednesday fell back from a 3-week high and closed lower on the weaker-than-expected U.S. Jan new home sales and Feb Markit services PMI reports. The dollar was also undercut by strength in the energy-exporting currencies of Canada and Russia after crude oil erased early declines and closed higher. The dollar index found underlying support from Richmond Fed President Lacker's comment that there is "no evidence" that a U.S. recession is imminent, which "bolsters the case for raising the federal funds rate target."

Apr WTI crude (CLJ16 -0.25%) this morning is down -15 cents (-0.47%) and Apr gasoline (RBJ16 -0.39%) is down -0.0104 (-0.82%). Wednesday's closes: CLJ6 +0.28 (+0.88%), RBJ6 +0.0561 (+4.60%). Apr crude oil and gasoline on Wednesday closed higher on the -0.4% decline in U.S. crude oil production in the week of Feb 19 to a 4-month low of 9.102 million bpd and the -2.2 million bbl drop in EIA gasoline stockpiles (vs expectations of -1.0 million bbls). Crude oil prices were undercut by the +3.5 million bbl increase in EIA crude inventories to a record high of 507.6 million bbl and by the +333,000 bbl increase in crude supplies at Cushing, OK, delivery point of WTI futures, to a record high 65.066 million bbl.

GLOBAL EVENT CALENDAR02/25/2016

US	0815 ET	Atlanta Fed President Dennis Lockhart delivers welcoming and opening remarks at the Atlanta Feds 2016 Banking Outlook Conference.
	0830 ET	Weekly initial unemployment claims expected +8,000 to 270,000, previous -7,000 to 262,000. Weekly continuing claims expected -20,000 to 2.253 million, previous +30,000 to 2.273 million.
	0830 ET	Jan durable goods orders expected +2.7% and +0.3% ex transportation, Dec -5.0% and -1.0% ex transportation. Jan capital goods new orders ex-aircraft & parts expected +1.0%, Dec -4.3%.
	0830 ET	USDA weekly Export Sales.
	0900 ET	Dec FHFA house price index expected +0.5% m/m, Nov +0.5% m/m.
	1100 ET	Feb Kansas City Fed manufacturing activity expected +3 to -6, Jan unch at -9.
	1200 ET	San Francisco Fed President John Williams speaks at NYU Stern Business School.
	1300 ET	Treasury auctions $28 billion of 7-year T-notes.
GER	0200 ET	Revised German Jan CPI (EU harmonized), previous -1.0% m/m and +0.4% y/y.
	0200 ET	German Mar GfK consumer confidence expected -0.1 to 9.3, Feb 9.4.
EUR	0400 ET	Eurozone Jan M3 money supply expected +4.7% y/y, Dec +4.7% y/y.
	0500 ET	Revised Eurozone Jan CPI, previous +0.2% y/y. Revised Jan core CPI, previous +1.0% y/y
UK	0430 ET	Revised UK Q4 GDP, previous +0.5% q/q and +1.9% y/y.
	0430 ET	UK Dec index of services expected +0.3% m/m and +0.7% 3-mo/3-mo, Nov +0.2% m/m and +0.6% 3-mo/3-mo.
	0430 ET	UK Q4 total business investment expected +0.9% q/q and +6.4% y/y, Q3 +2.2% q/q and +5.8% y/y.
	1905 ET	UK Feb GfK consumer confidence expected -1 to 3, Jan 4.
JPN	1830 ET	Japan Jan national CPI expected unch y/y, Dec +0.2% y/y. Jan national CPI ex-fresh food expected unch y/y, Dec +0.1% y/y. Jan national CPI ex food & energy expected +0.7% y/y, Dec +0.8% y/y.
	1830 ET	Japan Feb Tokyo CPI expected -0.3% y/y, Jan -0.3% y/y. Feb Tokyo CPI ex-fresh food expected -0.2% y/y, Jan -0.1% y/y. Feb Tokyo CPI ex food & energy expected +0.4% y/y, Jan +0.4% y/y.
CHI	2030 ET	China Jan property prices.

U.S. STOCK CALENDAR02/25/2016

Company	Ticker	Time	Event Description	Period	Estimate
Campbell Soup Co	CPB US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.87
Cablevision Systems Corp	CVC US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.168
Ensco PLC	ESV US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.726
Patterson Cos Inc	PDCO US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.667
Iron Mountain Inc	IRM US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.558
Quanta Services Inc	PWR US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.284
Best Buy Co Inc	BBY US	7:00	Q4 2016 Earnings Release	Q4 2016	1.393
Kohl's Corp	KSS US	7:00	Q4 2016 Earnings Release	Q4 2016	1.553
Apache Corp	APA US	8:00	Q4 2015 Earnings Release	Q4 2015	-0.489
Best Buy Co Inc	BBY US	8:00	Q4 2016 Earnings Call	Q4 2016
Campbell Soup Co	CPB US	8:30	Q2 2016 Earnings Call	Q2 2016
International Business Machines Corp	IBM US	8:30	Investor Meeting	Y 2016
Kohl's Corp	KSS US	8:30	Q4 2016 Earnings Call	Q4 2016
Iron Mountain Inc	IRM US	8:30	Q4 2015 Earnings Call	Q4 2015
L Brands Inc	LB US	9:00	Q4 2016 Earnings Call	Q4 2016
Transocean Ltd	RIG US	9:00	Q4 2015 Earnings Call	Q4 2015
Quanta Services Inc	PWR US	9:30	Q4 2015 Earnings Call	Q4 2015
Concho Resources Inc	CXO US	9:30	Q4 2015 Earnings Call	Q4 2015
Patterson Cos Inc	PDCO US	10:00	Q3 2016 Earnings Call	Q3 2016
Zions Bancorporation	ZION US	10:30	Investor Meeting	Y 2016
Ensco PLC	ESV US	11:00	Q4 2015 Earnings Call	Q4 2015
Newfield Exploration Co	NFX US	11:00	Q4 2015 Earnings Call	Q4 2015
Apache Corp	APA US	14:00	Q4 2015 Earnings Call	Q4 2015
Gap Inc/The	GPS US	16:15	Q4 2016 Earnings Release	Q4 2016	0.568
Intuit Inc	INTU US	16:30	Q2 2016 Earnings Call	Q2 2016
Gap Inc/The	GPS US	17:00	Q4 2016 Earnings Call	Q4 2016
Autodesk Inc	ADSK US	17:00	Q4 2016 Earnings Call	Q4 2016
Kraft Heinz Co/The	KHC US	17:00	Q4 2015 Earnings Call	Q4 2015
Monster Beverage Corp	MNST US	17:00	Q4 2015 Earnings Call	Q4 2015
EOG Resources Inc	EOG US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.316
Southwestern Energy Co	SWN US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.041
Universal Health Services Inc	UHS US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	1.739
Autodesk Inc	ADSK US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	0.116
Range Resources Corp	RRC US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.088
Mohawk Industries Inc	MHK US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	2.728
Intuit Inc	INTU US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	0.191
Kraft Heinz Co/The	KHC US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.58
Monster Beverage Corp	MNST US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.818

Bona Film Group - Chart of the Day

Bona Film Group (BONA) is the Barchart Chart of the Day.  The movie distribution company operates in China, has a Trend Spotter buy signal, a Weighted Alpha of 71.80 and gained 92.61% in the last year.

The Chart of the Day is Bona Film Group (BONA).  I found the film distribution stock by using Barchart to sort today's All Time High list for the highest technical buy signals, then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 12/15 the stock gained 4.31%.

Bona Film Group Limited operates as a film distributor engaged in the distribution of movies to theatres and non theatre circuits in the People's Republic of China. The Company's non-theatrical distribution channels include home video products, digital and internet distribution; and cable, satellite, and broadcast television. Additionally, Bona Film owns and operates movie theaters in commercial districts and residential areas in several major cities in China. The Company is also engaged in the production and advertisement of films. Bona Film Group Limited is headquartered in Beijing, the People's Republic of China.

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
• 10 new highs and up 2.19% in the last month
• Relative Strength Index 66.59%
• Technical support level at 13.57
• Recently traded at 13.56 with a 50 day moving average of 13.28

Fundamental factors:

• Market Cap $851.57 million
• Revenue expected to grow 30.50% this year and another 24.50% next year
• Earnings estimated to increase a 18.50% this year, an additional 15.60% next year and continue to increase at an annual rate of 70.00% for the next 5 years
• Only 1 Wall Street analysts issued a recommendation on the stock and it's a buy

The 5 Best of the IBD 50

Each week Investors Business Daily publishes the IBD 50 which is their 50 top rated stocks.  I use Barchart to sort those 50 stocks first by the Barchart technical buy signals, then I use the Flipchart feature to review the chart of consistent upward momentum.  Today's list includes:

Michael Kors (KORS), Ellie Mae (ELLI), Equity Lifestyle Properties (ELS), TAL Education Group (XRS) and Edwards Lifesciences (EW).

Michael Kors (KORS)

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 44.29% in the last month
• Relative Strength Index 78.11%
• Technical support level at 53.28
• Recently traded at 55.44 with a 50 day moving average of 43.11

Ellie Mae (ELLI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 27.20% in the last month
• Relative Strength Index 67.76%
• Technical support level at 77.05
• Recently traded at 83.74 with a 50 day moving average of 66.47

Equity Lifestyle Properties (ELS)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 3.01% in the last month
• Relative Strength Index 60.24%
• Technical support level at 6893
• Recently traded at 69.11 with a 50 day moving average of 66.04

TAL Education Group (XRS)

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 15.39% in the last month
• Relative Strength Index 64.71%
• Technical support level at 49.60
• Recently traded at 50.82 with a 50 day moving average of 46.27

Edwards Lifesciences (EW)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 10.22% in the last month
• Relative Strength Index 64.17%
• Technical support level at 85.32
• Recently traded at 87.05 with a 50 day moving average of 79.77

MORNING CALL 2/24

MORNING CALL

Wednesday, February 24th, 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 -0.90%) are down -0.81% and European stocks are down -2.34% at a 1-week low as they track crude oil prices, which are down -3.58%. Crude oil prices extended their declines late yesterday after API data showed U.S. crude supplies expanded by +7.1 million bbl last week. A sell-off in copper prices has also hurt miners and commodity producers with Glencore Plc and BHP Billiton down at least 7%, while Freeport-McMoRan and Alcoa are both down over 2%. The Chinese yuan fell to a 1-1/2 week low against the dollar ahead of the G-20 meeting in Shanghai on Feb 26-27 where people with knowledge of the agenda said officials from the world's biggest economies will discuss the recent turmoil in China's markets and ways to bolster a safety net for the global financial system. Asian stocks settled mostly lower: Japan -0.85%, Hong Kong -1.15%, China +0.88%, Taiwan -0.62%, Australia-2.10%, Singapore -1.95%, South Korea -0.05%, India -1.37%.

The dollar index (DXY00 +0.42%) is up +0.42% at a 3-week high. EUR/USD (^EURUSD) is down -0.51% at a 3-wek low. USD/JPY (^USDJPY) is down-0.25%. GBP/USD is down -0.92% at a 6-3/4 year low on concern that Britons will vote to leave the EU in a June referendum.

Mar T-note prices (ZNH16 +0.30%) are up +13 ticks at a 1-week high as the slide in stock prices boosts the safe-haven demand of government debt. T-notes also found support on carryover from a plunge in the 10-year German bund yield to a 10-month low of 0.131%.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +8.2% with purchase sub-index -3.7% and refi sub-index +16.0%), (2) Richmond Fed President Jeffrey Lacker's speech on the topic of “Can Monetary Policy Affect Economic Growth” at the John Hopkins Carey Business School, (3) prelim-Feb Markit services PMI (expected +0.3 to 53.5, Jan -1.1 to 53.2), (4) Jan new home sales (expected -4.4% to 520,000, Dec +10.8% to 544,000), (5) the Treasury's sale of $13 billion of 2-year floating-rate notes and $34 billion of 5-year T-notes, (6) Dallas Fed President Rob Kaplan's speech to the Harvard Clubs of Dallas and Fort Worth about current economic conditions and monetary policy, and (7) St. Louis Fed President James Bullard's speech to Money Marketeers in New York.

There are 11 of the S&P 500 companies that report earnings today with notable reports including: HP (consensus $0.36), salesforce.com (0.19), Target (1.54), TJX (0.94), L Brands (2.05), Lowe's (0.59), Chesapeake Energy (-0.16), Transocean (0.65).

U.S. IPO's scheduled to price today: Cancer Prevention Pharmaceuticals (CPP).

Equity conferences during the remainder of this week include: Jefferies Media & Communications Conference on Tue-Wed, RBC Capital Markets Health Care Conference on Tue-Wed, IHS Energy CERAWeek Conference on Tue-Thu, Wells Fargo Bank Investors Forum on Wed, Cantor Fitzgerald Internet & Technology Conference on Thu, Gabelli & Company Pump, Valve and Water Systems Symposium on Thu.

OVERNIGHT U.S. STOCK MOVERS

Avis-Budget Group (CAR +1.01%) tumbled over 12% in after-hours trading after it lowered guidance on fiscal 2016 adjusted EPS to $2.70-$3.30, below consensus of $3.43.

Ford Motor (F -1.11%) was downgraded to 'Underperform' from 'Neutral' at Credit Suisse.

DreamWorks Animation(DWA -2.09%) jumped over 7% in after-hours trading after it reported Q4 adjusted EPS of 55 cents, over three times expectations of 15 cents.

WebMD Health Corp. (WBMD -0.19%) rose almost 3% in after-hours trading after it said it sees 2016 revenue of $685 million-$8705 million, above consensus of $689.3 million.

Dycom Industries (DY -0.65%) slumped 15% in after-hours trading after it reported Q2 adjusted EPS of 54 cents, weaker than consensus of 56 cents, and hen said it sees Q3 EPS of 70 cent-80 cents, below consensus of 84 cents.

Deere & Co. (DE -1.61%) was upgraded to 'Buy' from 'Hold' at Argus Research.

Copart (CPRT -0.66%) reported Q2 EPS of 48 cents, higher than consensus of 43 cents.

Ormat Technologies (ORA -0.38%) raised guidance on fiscal 2016 revenue to $620 million-$640 million, higher than consensus of $608.7 million.

MSA Safety (MSA +0.26%) reported Q4 adjusted EPS of 84 cents, better than consensus of 68 cents,

Trexx Co. (TREX +9.75%) gained almost 2% in after-hours trading after it reported it will replace Snyder's-Lance in the SmallCap 600 after the close of trading Wednesday, February 24.

AMAG Pharmaceuticals (AMAG +1.11%) rose over 3% in after-hours trading after it reported it will replace Diamond Foods (DMND +0.97%) in the SmallCap 600 after the close of trading Monday. February 29.

Snyder's-Lance (LNCE +1.47%) climbed almost 2% in after-hours trading after it reported it will replace California Resources in the MidCap 400 at the close of trading Wednesday, February 24.

Morgan Stanley (MS -3.38%) said its energy loan exposure at the end of Q4 was $15.9 billion, down from $17.2 billion at the end of Q3.

Advisory Board Co. (ABCO -1.31%) was downgraded to 'Market Perform' from 'Market Outperform' at Avondale Partners LLC with a 12-month price target of $31.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 -0.90%) this morning are down -15.50 points (-0.81%). Tuesday's closes: S&P 500 -1.25%, Dow Jones -1.14%, Nasdaq -1.62%. The S&P 500 on Tuesday closed lower on fall in the yuan fell to a 1-week low against the dollar, the -5.6 point decline in U.S. Feb consumer confidence to 92.2 (weaker than expectations of -0.9 to 97.2 and the lowest in 7 months), and the slide in energy producer stocks after crude oil fell by more than 6%.

Mar 10-year T-notes (ZNH16 +0.30%) this morning are up +13 ticks a a 1-week high. Tuesday's closes: TYH6 +5.00, FVH6 +3.50. Mar T-notes on Tuesday closed higher on increased safe-haven demand with the sell-off in stocks and on Dallas Fed President Kaplan's comment that the Fed should be open to leaving policy on hold for an extended time if needed.

The dollar index (DXY00 +0.42%) this morning is up +0.412 (+0.42%) at a 3-week high. EUR/USD (^EURUSD) is down -0.0056 (-0.51%) at a 3-week low. USD/JPY (^USDJPY) is down -0.28 (-0.25%). Tuesday's closes: Dollar Index +0.102 (+0.10%), EUR/USD -0.0010 (-0.09%), USD/JPY -0.82 (-0.73%). The dollar index on Tuesday closed higher on continued weakness in GBP/USD which fell to a fresh 6-3/4 year low after BOE Governor Carney acknowledged that there was a chance of Brexit. The dollar was also boosted by weakness in EUR/USD, which fell to a 2-1/2 week low on news that the German Feb IFO business climate index fell -1.6 to 14-month low of 105.7.

Apr WTI crude (CLJ16 -3.42%) this morning is down -$1.14 a barrel (-3.58%) and Apr gasoline (RBJ16 -0.80%) is down -0.0099 (-0.81%). Tuesday's closes: CLJ6 -2.02 (-6.05%), RBJ6 -0.0390 (-3.12%). Apr crude oil and gasoline on Tuesday closed sharply lower on dashed hopes for a production cut after Saudi Arabian oil minister Ali al-Naimi said that Saudi Arabia "isn't cutting output." In addition, Iranian Oil Minister Bijan Namdar Zanganeh said that Russia's and Saudi Arabia's plan to freeze production at current levels was "ridiculous" as it puts "unrealistic demands" on Iran.

GLOBAL EVENT CALENDAR02/24/2016

US	0700 ET	Weekly MBA mortgage applications, previous +8.2% with purchase sub-index -3.7% and refi sub-index +16.0%.
	0800 ET	Richmond Fed President Jeffrey Lacker speaks on the topic Can Monetary Policy Affect Economic Growth at the John Hopkins Carey Business School.
	0945 ET	Prelim-Feb Markit services PMI expected +0.3 to 53.5, Jan -1.1 to 53.2. Feb Markit composite PMI, Jan -0.8 to 53.2.
	1000 ET	Jan new home sales expected -4.4% to 520,000, Dec +10.8% to 544,000.
	1030 ET	EIA Weekly Petroleum Status Report.
	1130 ET	Treasury auctions $13 billion of 2-year floating-rate notes.
	1300 ET	Treasury auctions $34 billion of 5-year T-notes.
	1315 ET	Dallas Fed President Rob Kaplan speaks to the Harvard Clubs of Dallas and Fort Worth about current economic conditions and monetary policy.
	1900 ET	St. Louis Fed President James Bullard speaks to Money Marketeers in New York.
JPN	0000 ET	Revised Japan Dec leading index CI, previous 102.0. Revised Dec coincident index, previous 111.2.
UK	0600 ET	UK Feb CBI reported sales expected -4 to 12, Jan 16.

U.S. STOCK CALENDAR02/24/2016

Company	Ticker	Time	Event Description	Period	Estimate
Target Corp	TGT US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	1.539
Lowe's Cos Inc	LOW US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	0.592
AES Corp/VA	AES US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.326
Chesapeake Energy Corp	CHK US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	-0.162
Verisk Analytics Inc	VRSK US	8:30	Q4 2015 Earnings Call	Q4 2015
Lowe's Cos Inc	LOW US	9:00	Q4 2016 Earnings Call	C4 2016
Lowe's Cos Inc	LOW US	9:00	Q4 2016 Earnings Call	Q4 2016
AES Corp/VA	AES US	9:00	Q4 2015 Earnings Call	Q4 2015
Chesapeake Energy Corp	CHK US	9:00	Q4 2015 Earnings Call	Q4 2015
TJX Cos Inc/The	TJX US	9:30	Q4 2016 Earnings Release	Q4 2016	0.94
Air Products & Chemicals Inc	APD US	10:00	Air Products of Versum Materials Spin-off Call
Deere & Co	DE US	10:00	Annual General Meeting	Y 2016
Keurig Green Mountain Inc	GMCR US	10:00	Special Meeting - M&A Vote
Target Corp	TGT US	10:30	Q4 2016 Earnings Call	Q4 2016
TJX Cos Inc/The	TJX US	11:00	Q4 2016 Earnings Call	Q4 2016
State Street Corp	STT US	12:30	Investor Day	Y 2016
Extra Space Storage Inc	EXR US	13:00	Q4 2015 Earnings Call	Q4 2015
salesforce.com inc	CRM US	16:05	Q4 2016 Earnings Release	Q4 2016	0.191
HP Inc	HPQ US	17:00	Q1 2016 Earnings Call	Q1 2016
NVIDIA Corp	NVDA US	17:00	ITC Decision Due in 2nd Samsung vs. Nvidia Patent Case
salesforce.com inc	CRM US	17:00	Q4 2016 Earnings Call	Q4 2016
HP Inc	HPQ US	Aft-mkt	Q1 2016 Earnings Release	Q1 2016	0.36
L Brands Inc	LB US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	2.051
Transocean Ltd	RIG US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.652
Newfield Exploration Co	NFX US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.019
Concho Resources Inc	CXO US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.031

Hawaiian Holdings - Chart of the Day

Hawaiian Holdings (HA) is the Barchart Chart of the Day.  The regional airline has a Trend Spotter buy signal, a Weighted Alpha of 124.20+ and gained 120.61% in the last year.

The Chart of the Day belongs to Hawaiian Holdings (HA).  I found the regional airlines stock by using Barchart to sort today's All Time 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 2/12 the stock gained 13.90%.

Hawaiian Holdings is a holding company of Hawaiian Airlines. Hawaiian Airlines is the largest airline headquartered in Hawaii. They are engaged primarily in the scheduled transportation of passengers, cargo and mail. Scheduled passenger service consists of daily service between Hawaii and Las Vegas, Nevada and the four key United States West Coast gateway cities of Los Angeles and San Francisco, California, Seattle, Washington and Portland, Oregon; daily service among the major islands of Hawaii; and bi-weekly service to Pago Pago, American Samoa, Papeete and Tahiti.

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
• 7 new highs and up 30.84% in the last year
• Relative Strength Index 73.80%
• Technical support level at 39.53
• Recently traded at 41.29 with a 50 day moving average of 34.97

Fundamental factors:

• Market Cap $2.20 billion
• P/E 12.71
• Revenue expected to grow 3.80% this year and another 5.10% next year
• Earnings estimated to increase 50.80% this year and continue to compound at an annual rate of 31.00% for the next 5 years
• Wall Street analysts issued 2 buy, 5 hold and 1 under perform opinion on the stock.

The 40 Day Commodity Channel Index has been a reliable technical trading strategy for this stock/