Scotts Miracle-Gro - Chart of the Day

Scotts Miracle-Gro (SM) is the Barchart Chart of the Day.  The agricultural chemical company has a Trend Spotter buy signal. a Weight Alpha of 14.50+ and gained 7.61% in the last year.

The Chart of the Day belongs to Scotts Miracle-Gro (SMG).  I found the agricultural chemical stock by using Barchart to sort today's All Time High list first for the highest number of new highs in the  last month, then again for technical buy signals above 80%.  Then I used the Flipchart feature to review the stocks.  Since the Trend spotter signaled a buy on 1/29 the stock gained 6.76%.

The Scotts Miracle-Gro Company, through its wholly-owned subsidiary, The Scotts Company LLC, is the world's largest marketer of branded consumer products for lawn and garden care, with products for professional horticulture as well. The Company's brands are the most recognized in the industry. In the U.S., the Company's Scotts, Miracle-Gro, Ortho and Smith & Hawken brands are market-leading in their categories, as is the consumer Roundup brand, which is marketed in North America and most of Europe exclusively by Scotts and owned by Monsanto. In the U.S. the Company operates Scotts LawnService0, the second largest residential lawn care service business. In Europe, the Company's brands include Weedol, Pathclear, Evergreen, Levington, Miracle-Gro, KB, Fertiligene and Substral. Its customers include home improvement centers, mass merchandisers, warehouse clubs, hardware chains, independent hardware stores, nurseries, food and drug stores, commercial nurseries and greenhouses, and specialty crop growers.

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:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 13.04% in the last month
• Relative Strength Index 74.18%
• Technical support level at 72.05
• Recently traded at 73.33 with a 50 day moving average of 66.56

Fundamental factors:

• Market Cap $4.51 billion
• P/E 20.90
• Dividend yield 2.58%
• Revenue expected to grow .40% this year and another 2.00% next year
• Earnings estimated to increase 10.50% this year, an additional 9.70% next year and continue to compound at an annual rate of 10.90% for the next 5 years
• Wall Street analysts issued 1 strong buy, 2 buy, 4 hold and 1 under perform recommendation on the stock

5 Large Caps with Steady Gains

Many times the best Large Cap stocks aren't the ones that rose the most or the ones with the most positive indicators.  I also like to see a stock with steady upward momentum.  One of the best ways to find those stocks is to use Barchart to sort the S&P 500 Large Cap Index stocks for the most frequent new highs in the last month and then review the charts using the Flipchart feature.

Today's watch list includes CBS Corp (CBS), Prologis (PLD), Exelon (EXC),  Avalonbay Communities (AVB), and Whirlpool (WHR).

CBS Corp (CBS)

Barchart technical indicators:

• 80% technical buy indicators:
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 21.69% in the last month
• Relative Strength Index 69.19%
• Technical support level at 50.38
• Recently traded at 52.99 with a 50 day moving average of 47.17

Prologis (PLD)

Barchart technical indicators:

• 40% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 18.44% in the last month
• Relative Strength Index 67.24%
• Technical support level at 40.17
• Recently traded at 42.14 with a 50 day moving average of 39.55

Excelon (EXC)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 14.25% in the last month
• Relative Strength Index 74.08%
• Technical support level at 33.82
• Recently traded at 34.64 with a 50 day moving average of 30.31

Avalonbay Communities (AVB)

Barchart technical indicators:

• 40% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 11.69% in the last month
• Relative Strength Index 63.61
• Technical support level at 175.39
• Recently traded at 180.72 with a 50 day moving average of 174.23

Whirlpool (WHR)

Barchart technical indicators:

• 80% technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and  100 day moving averages
• 16 new highs and up 27.12% in the last month
• Relative Strength Index 75.04%
• Technical support level at 154.40
• Recently traded at 164.95 with a 50 day moving average of 142.17

MORNING CALL 3/11

MORNING CALL

Friday, March 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 +0.93%) are up +0.98% at a 2-month high and European stocks are up +2.97%. Bank stocks are higher with Goldman Sachs and Morgan Stanley both up at least 1.5% in pre-market trading, while a +2.30% jump in the price of crude to a 3-month high gives energy producing stocks a lift. Crude oil received a boost after the IEA cut its 2016 non-OPEC crude production estimate by -150,000 bpd and said that "there are signs that prices might have bottomed out." Asian stocks settled higher: Japan +0.51%, Hong Kong +1.08%, China +0.20%, Taiwan +0.52%, Australia +0.32%, Singapore +0.70%, South Korea +0.22%, India +0.38%. China's Shanghai Composite recovered from a 1-week low and closed higher and gave Asian markets a lift after the PBOC strengthened its daily reference rate for the yuan by 0.34%, which fueled a rally in the yuan to a 2-1/4 month high against the dollar.

The dollar index (DXY00 +0.50%) is up +0.54%. EUR/USD (^EURUSD) is down -0.62%. USD/JPY (^USDJPY) is up +0.49%.

Jun T-note prices (ZNM16 -0.15%) are down -5 ticks.

The IEA cut its 2016 non-OPEC crude production estimate to 750,000 bpd, down -150,000 from 900,000 bpd estimated last month, and said that "there are signs that prices might have bottomed out."

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Feb import price index (expected -0.7% m/m and -6.5% y/y, Jan -1.1% m/m and -6.2% y/y).

None of the Russell 1000 companies report earnings today.

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

Equity conferences this week include: none.

OVERNIGHT U.S. STOCK MOVERS

Morgan Stanley (MS +0.16%) and Goldman Sachs Group (GS +0.74%) are both up over 1% in pre-market trading.

Ulta Salon Cosmetics & Fragrance (ULTA +2.75%) rallied over 12% in pre-market trading after it reported Q4 adjusted EPS of $1.69, above consensus of $1.54, and then raised guidance on Q1 EPS to $1.25-$1.30, higher than consensus of $1.22.

Wynn Resorts Ltd. (WYNN +3.07%) was downgraded to 'Neutral' from 'Buy' at Sterne Agee CRT.

Arctic Cat (ACAT +2.85%) was downgraded to 'Sell' from 'Hold' at Wunderlich Securities.

Zumiez (ZUMZ +2.10%) fell 8% in after-hours trading after it lowered guidance on Q1 sales to $172 million-$175 million, below consensus of $176.7 million.

Finisar (FNSR +0.07%) jumped over 8% in after-hours trading after it reported Q3 adjusted EPS of 25 cents, higher than consensus of 22 cents, and said it sees Q4 adjusted EPS of 22 cents-28 cents, above consensus of 21 cents.

El Pollo Loco Holdings (LOCO +1.54%) declined nearly 6% in after-hours trading after it said it sees 2016 pro-forma EPS of 70 cents-74 cents, at the lower end of consensus of 74 cents.

BioDelivery Sciences International (BDSI -8.11%) dropped over 5% in after-hours trading after it reported Q4 EPS of 19 cents, well below consensus of 55 cents.

Bojangles' (BOJA -0.20%) gained 6% in after-hours trading after it reported Q4 EPS of 22 cents, better than consensus of 19 cents, and then raised guidance on 2016 adjusted Ebitda to $83.5 million-$86.5 million, higher than consensus of $80.2 million.

Kratos Defense & Security Solutions (KTOS -2.90%) jumped over 6% in after-hours trading after it reported Q4 ongoing adjusted EPS of 2 cents, better than consensus of a -4 cent loss.

Sunrun (RUN +7.52%) plunged over 10% in after-hours trading after it reported Q4 revenue of $99.6 million, below consensus of $101.8 million.

Bonanza Creek Energy (BCEI -2.42%) slipped 5% in after-hours trading after it elected to draw down $209 million on its credit facility.

Strata Skin Sciences (SSKN +2.80%) catapulted up over 30% in after-hours trading after the FDA approved Strata's PMA supplement for the MelaFind System that aids in detection of melanoma.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.93%) this morning are up +19.50 points (+0.98%) at a 2-month high. Thursday's closes: S&P 500 +0.02%, Dow Jones-0.03%, Nasdaq -0.15%. The S&P 500 on Thursday gave up early gains and fell to a 1-week low on global economic concerns after the ECB cut its Eurozone 2016 GDP forecast to +1.4% from +1.7% and ECB President Draghi said that risks to economic growth are still to the downside. Stocks were also undercut by weakness in energy producers after the price of crude fell. Stocks saw strength early on the -18,000 drop in U.S. weekly jobless claims and on the ECB's interest rate cut and QE expansion to 80 billion euros from 60 billion euros a month.

Jun 10-year T-notes (ZNM16 -0.15%) this morning are down -5 ticks. Thursday's closes: TYM6 -13.50, FVM6 -8.50. Jun T-notes on Thursday slid to a 1-1/4 month low and closed lower on the larger-than-expected drop in weekly U.S. jobless claims to a 4-3/4 month low and on negative carryover from a decline in German bund prices to a 1-1/4 month low.

The dollar index (DXY00 +0.50%) this morning is up +0.522 (+0.54%). EUR/USD ^EURUSD) is down -0.0069 (-0.62%). USD/JPY (^USDJPY) is up +0.56 (+0.49%). Thursday's closes: Dollar Index -1.107 (-1.14%), EUR/USD +0.0178 (+1.62%), USD/JPY -0.16 (-0.14%). The dollar index on Thursday whipsawed up to a 1-week high and then down to a 3-week low and closed lower. The dollar was undercut by strength in EUR/USD which recovered from a 5-week low and rallied up to a 3-week high when ECB President Draghi said that he "doesn’t anticipate" more rate cuts from the ECB. EUR/USD initially saw weakness after the ECB cut interest rates and expanded QE to 80 billion euros a month from 60 billion euros.

Apr WTI crude (CLJ16 +2.14%) this morning is up +87 cents (+2.30%) and Apr gasoline (RBJ16 +0.55%) is up +0.0079 (+0.55%). Thursday's closes: CLJ6 -0.45 (-1.18%), RBJ6 -0.0315 (-2.14%). Apr crude and gasoline on Thursday closed lower on reduced optimism about a freeze in crude production after Russian Energy Minister Novak said that a time and date for a meeting among major oil producers remains uncertain and on negative carryover from Wednesday's EIA data that showed an increase in EIA crude stockpiles to a record high 521.8 million bbl and the rise in oil inventories at Cushing, OK, the delivery point for WTI futures, to a record 66.9 million bbl.

GLOBAL EVENT CALENDAR03/11/2016

US	0830 ET	Feb import price index expected -0.7% m/m and -6.5% y/y, Jan -1.1% m/m and -6.2% y/y.
GER	0200 ET	Revised German Feb CPI (EU harmonized), previous +0.4% m/m and -0.2% y/y.
	0200 ET	German Feb wholesale price index, Jan -0.4% m/m and -1.0% y/y.
UK	0430 ET	UK Jan construction output expected +0.2% m/m and -1.7% y/y, Dec +1.5% m/m and +0.5% y/y.

U.S. STOCK CALENDAR03/11/2016

Company	Ticker	Time	Event Description	Period	Estimate
Genesco Inc	GCO US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	2.134
Buckle Inc/The	BKE US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	1.073
Hibbett Sports Inc	HIBB US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	0.732
Progenics Pharmaceuticals Inc	PGNX US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	-0.142
Kirkland's Inc	KIRK US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	0.898
Citi Trends Inc	CTRN US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	0.25
Straight Path Communications Inc	STRP US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	-0.07
Lifetime Brands Inc	LCUT US	7:00	Q4 2015 Earnings Release	Q4 2015	0.64
WW Grainger Inc	GWW US	8:00	February 2016 Sales and Revenue Call	2016
WW Grainger Inc	GWW US	8:00	February 2016 Sales and Revenue Release	2016
Public Service Enterprise Group Inc	PEG US	8:00	Financial Community Meeting
Providence Service Corp/The	PRSC US	8:00	Q4 2015 Earnings Call	Q4 2015
Genesco Inc	GCO US	8:30	Q4 2016 Earnings Call	Q4 2016
Progenics Pharmaceuticals Inc	PGNX US	8:30	Q4 2015 Earnings Call	Q4 2015
Surgery Partners Inc	SGRY US	8:30	Q4 2015 Earnings Call	Q4 2015
General Electric Co	GE US	9:00	Investor Meeting - Healthcare	Y 2016
Citi Trends Inc	CTRN US	9:00	Q4 2016 Earnings Call	Q4 2016
Gastar Exploration Inc	GST US	9:30	Q4 2015 Earnings Call	Q4 2015
AEP Industries Inc	AEPI US	10:00	Q1 2016 Earnings Call	Q1 2016
Buckle Inc/The	BKE US	10:00	Q4 2016 Earnings Call	Q4 2016
Hibbett Sports Inc	HIBB US	10:00	Q4 2016 Earnings Call	Q4 2016
Investors Real Estate Trust	IRET US	10:00	Q3 2016 Earnings Call	Q3 2016
Commercial Vehicle Group Inc	CVGI US	10:00	Q4 2015 Earnings Call	Q4 2015
State National Cos Inc	SZTNZ US	10:00	Q4 2015 Earnings Call	Q4 2015
Lifetime Brands Inc	LCUT US	11:00	Q4 2015 Earnings Call	Q4 2015
Kirkland's Inc	KIRK US	11:00	Q4 2016 Earnings Call	Q4 2016
Green Brick Partners Inc	GRBK US	12:00	Q4 2015 Earnings Call	Q4 2015
Straight Path Communications Inc	STRP US	16:15	Q2 2016 Earnings Call	Q2 2016
Earthstone Energy Inc	ESTE US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.125
Hallador Energy Co	HNRG US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.18
Park-Ohio Holdings Corp	PKOH US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.89
Equifax Inc	EFX US		Investor Meeting - New York	Y 2016
Valhi Inc	VHI US		Q4 2015 Earnings Release	Q4 2015	-0.04
EMCORE Corp	EMKR US		Annual General Meeting
Tangoe Inc	TNGO US		Q4 2015 Earnings Release	Q4 2015	0.035
Stemline Therapeutics Inc	STML US		Q4 2015 Earnings Release	Q4 2015	-0.57
Carbylan Therapeutics Inc	CBYL US		Q4 2015 Earnings Release	Q4 2015	-0.247
Zynerba Pharmaceuticals Inc	ZYNE US		Q4 2015 Earnings Release	Q4 2015	-0.625

Cantel Medical - Chart of the Day

Cantel Medical (CMN) is the Barchart  Chart of the Day.  The medical infection prevention company has a Trend Spotter buy signal, a Weighted Alpha of 56.20+ and gained 57.24% in the last year.

The Chart of the Day belongs to Cantel Medical (CMN).  I found the medical infection prevention stock by using Barchart to sort today's All Time High list first for the highest number of new highs in the last month, then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to review the charts.

Cantel Medical Corp. is a healthcare company concentrating primarily in infection prevention and control products and diagnostic and therapeutic medical equipment. Through its United States subsidiary, MediVators, Inc., Cantel serves customers worldwide by designing, developing, manufacturing, marketing and distributing innovative products for the infection prevention and control industry.

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:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 19.85% in the last month
• Relative Strength Index 80.37%
• Technical support level at 65.16
• Recently traded at 69.62 with a 50 day moving average of 60.65

Fundamental factors:

• Market Cap $2.90 billion
• P/E 44.47
• Dividend yield .18%
• Revenue expected to grow 14.00% this year and another 14.20% next year
• Earnings estimated to increase 27.00% this year, an additional 22.60% next year and continue to compound at an annual rate of 18.00% for the next 5 years
• Wall Street analysts issued 1 buy and 1 hold recommendation on the stock

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

5 Great Mid & Small Capss with Momentun

This morning I decided to use two of the best sources of investment information I know and team up the power of both.  I have read and been fascinated with Value Line for almost 50 years.  When I discovered my college had a subscription I went and read each new issue and have ever since  About 10 years ago I was reading a Forbes article called Best of the Web and it rated Barchart as one of the best data sources on technical stock market investing.  To this day I use both.

This morning I took the stocks Value Line Small & Mid Cap Investment Survey rated 1 and 2.  This Suvery has a data base of about 3800 stocks with a capitalization between $6 million and $8.75 billion and give relative weighting to about 1800 of them. That equals the quartile that Value Line estimates will have the best chance for relative price appreciation and ran them through Barchart to find which ones had the highest Barchart technical buy signals, then used its Flipchart feature to review the charts.

When I use a list from a reliable source of those predicted to have the best momentum and filter it through another reliable source to  find which is presently having the best momentum I should end up with some great stocks to consider.

The list today includes: Cosi Inc (COSI), Citizens Holdings (CIZN), Netlist (NLST), Shore Bancshares (SHBI) and Orbcomm (ORBC).

Cosi Inc (COSI)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 57.34% in the last month
• Relative Strength Index 83.17%
• Technical support level at .77
• Recently traded at .96 with a 50 day moving average of .59

Citizens Holdings (CIZN)

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 3.29% in the last month
• Relative Strength Index 60.74%
• Technical support level at 23.85
• Recently traded at 23.89 with a 50 day moving average of 22.76

Netlist (NLST)

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 43.08%
• Relative Strength Index 71.55%
• Technical support level at 1.17
• Recenlty traded at 1.47 with a 50 day moving average of 1.06

Shore Bancshares (SHBI)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 5.06% in the last month
• Relative Strength Index 64.20%
• Technical support level at 11.26
• Recently traded at 11.83 with a 50 day moving average of 11.13

Orbcomm (ORBC)

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 31.12% in the last month
• Relative Strength Index 82.29%
• Technical support level at 8.55%
• Recently traded at 9.48 with a 50 day moving average of 7.80

MORNING CALL 3/10

MORNING CALL

Thursday, March 10th, 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 +0.44%) are up +0.29% and European stocks are up +0.14% as the markets await the ECB's decision today on possible additional stimulus measures. The markets are expecting at least an interest rate cut by the ECB today and or an expansion of its quantitative easing. Weakness in crude oil and metals undercut energy and raw-material producing stocks, while an unexpected decline in German Jan exports pressured European stocks. Asian stocks settled mixed: Japan +1.26%, Hong Kong -0.06%, China -2.02%, Taiwan +0.31%, Australia -0.14%, Singapore -0.05%, South Korea +0.96%, India -0.69%. China's Shanghai Composite closed down over 2% after Chinese consumer prices rose at the fastest pace in 19 months, which may limit further stimulus measures by the government.

The dollar index (DXY00 +0.14%) is up +0.20%. EUR/USD (^EURUSD)is down -0.21%. USD/JPY (^USDJPY) is up +0.26%.

Jun T-note prices (ZNM16 +0.15%) are up +7 ticks.

The German Jan trade balance shrank to a surplus of 13.6 billion euros, less than expectations of +17.0 billion euros and the smallest surplus in 17 months. Jan exports unexpectedly fell -0.5% m/m, weaker than of +0.8% m/m. Jan imports rose +1.2% m/m, stronger than expectations of +0.8% m/m.

China Feb CPI rose +2.3% y/y, stronger than expectations of +1.8% y/y and the fastest pace of increase in 19 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly initial unemployment claims (expected -3,000 to 275,000, previous +6,000 to 278,000) and continuing claims (expected -7,000 to 2.250 million, previous +3,000 to 2.257 million), (2) the Treasury's auction of $12 billion of 30-year T-bonds, and (3) Feb monthly budget statement (expected -$196.3 billion, Jan +$55.163 billion).

There are 5 of the Russell 1000 companies that report earnings today: Dollar General (consensus $1.26), Care Capital Properties (0.79), Four Corners Property Trust (0.45), VeriFone Systems (0.46), Ulta Salon (1.54).

U.S. IPO's scheduled to price today: Biolight Life Sciences (BOLT).

Equity conferences this week include: UBS Global Consumer Conference on Wed-Thu, JPMorgan Chase & Co., Inc Aviation, Transportation and Industrials Conference on Tue-Thu, J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thu.

OVERNIGHT U.S. STOCK MOVERS

Expedia (EXPE +0.79%) was upgraded to 'Overweight' from 'Neutral' at Piper Jaffray with a 12-month price target of $140.

Sally Beauty Holdings (SBH +0.03%) was downgraded to 'Neutral' from 'Overweight' at Piper Jaffray with a 12-month price target of $31.

Royal Bank of Scotland Group PLC (RBS +0.46%) was downgraded to 'Market Perform' from 'Outperform' at Bernstein.

Ryerson Holding (RYI +0.22%) reported Q4 sales of $668.8 million, below consensus of $711.4 million.

American Eagle Outfitters (AEO +1.13%) lost nearly 2% in after-hours trading after it announced that CFO Mary Boland plans to retire April 1 and Chief Accounting Officer Scott Hurd will be interim CFO.

B&G Foods (BGS -0.54%) fell over 2% in after-hours trading after it announced a public offering of 4 million shares of its common stock.

Square (SQ +4.79%) rose nearly 2% in after-hours trading after it reported Q4 revenue of $374.4 million, higher than consensus of $344.7 million.

Box Inc. (BOX +3.73%) jumped over 10% in after-hours trading after it said it sees Q1 revenue of $88 million-$89 million, above consensus of $86.4 million, and then said it sees a fiscal 2017 adjusted loss of -83 cents to -85 cents, narrower than consensus of a loss of -90 cents.

Gulfport Energy (GPOR +4.01%) slid over 2% in after-hours trading after it announced a public offering of 14 million shares of its common stock.

Spectrum Pharmaceuticals (SPPI -1.18%) gained nearly 3% in after-hours trading after it reported a Q4 loss of -6 cents a share, a smaller loss than consensus of -18 cents.

Nasdaq (NDAQ +0.77%) agreed to buy International Securities Exchange from Deutsche Borse for $1.1 billion.

Sunrun (RUN -0.45%) climbed 3% in after-hours trading after it was rated a new 'Buy' at Deutsche Bank with a price target of $15.

Omega Protein (OME +6.46%) slumped over 20% in after-hours trading after it reported Q4 adjusted EPS of 29 cents, well below consensus of 53 cents.

Energy XXI Ltd. (EXXI +12.50%) plunged over 30% in after-hours trading when it said it may seek Chapter 11 bankruptcy protection as soon as next week.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.44%) this morning are up +5.75 points (+0.29%). Wednesday's closes: S&P 500 +0.51%, Dow Jones +0.21%, Nasdaq +0.65%. The S&P on Wednesday closed higher on strength in energy producers with the rally in crude oil and on expectations that the ECB on Thursday will expand stimulus measures in an attempt to bolster economic growth. Stocks were undercut by news that the Jan wholesale inventory-to-sales ratio rose to a 6-3/4 year high of 1.35 months, which is a sign of tepid demand that is causing an unwanted buildup of inventories.

Jun 10-year T-notes (ZNM16 +0.15%) this morning are up +7 ticks. Wednesday's closes: TYM6 -14.00, FVM6 -51.75. Jun T-notes on Wednesday closed lower on reduced safe-haven demand for T-notes and on carryover weakness from a slide in German bund prices to a 2-week low.

The dollar index (DXY00 +0.14%) this morning is up +0.198 (+0.20%). EUR/USD (^EURUSD) is down -0.0023 (-0.21%). USD/JPY (^USDJPY) is up +0.30 (+0.26%). Wednesday's closes: Dollar Index -0.036 (-0.04%), EUR/USD -0.0012 (-0.11%), USD/JPY +0.73 (+0.65%). The dollar index on Wednesday closed lower on strength in the Canadian dollar (which climbed to a 3-3/4 month high against the dollar) and in the Russian ruble (which rose to a 2-1/2 month high against the dollar) as a rally in crude oil supported the currencies of crude-exporting countries. In addition, EUR/USD showed strength on short-covering ahead of Thursday's ECB meeting.

Apr WTI crude (CLJ16 -0.08%) this morning is down -11 cents (-0.29%) and Apr gasoline (RBJ16 +0.01%) is down -0.0077 (-0.52%). Wednesday's closes: CLJ6 +1.79 (+4.90%), RBJ6 +0.0827 (+5.96%). Apr crude and gasoline on Wednesday closed higher with Apr gasoline at a 4-month nearest-futures high. Crude oil prices were boosted by a weaker dollar and by the -4.53 million bbl drop in weekly EIA gasoline supplies (vs. expectations of-1.5million bbl). Crude oil prices were undercut by the rise in EIA crude stockpiles by +3.88 million bbl to a record high 521.8 million bbl and by the rise in oil inventories at Cushing, OK, the delivery point for WTI futures, by +690,000 bbl to a record 66.9 million bbl.

GLOBAL EVENT CALENDAR03/10/2016

US	0830 ET	Weekly initial unemployment claims expected -3,000 to 275,000, previous +6,000 to 278,000. Weekly continuing claims expected-7,000 to 2.250 million, previous +3,000 to 2.257 million.
	0830 ET	USDA weekly Export Sales.
	1100 ET	Treasury announces amount of 10-year TIPS to be auctioned Mar 17 (previous $15 billion).
	1300 ET	Treasury auctions $12 billion 30-year T-bonds.
	1400 ET	Feb monthly budget statement expected -$196.3 billion, Jan +$55.163 billion.
GER	0200 ET	German Jan trade balance expected +17.0 billion euros, Dec +19.0 billion euros. Jan exports expected +0.8% m/m, Dec -1.4% m/m. Jan imports expected +0.8% m/m, Dec -1.6% m/m.
	0200 ET	German Jan current account balance, Dec +25.6 billion euros.
	0200 ET	German Q4 labor costs, Q3 unch q/q and +2.4% y/y.
EUR	0745 ET	ECB announces interest rate decision expected -10 bp cut in deposit facility rate to -0.4% from -0.3%.
	0830 ET	ECB President Mario Draghi holds press conference following ECB meeting.
JPN	1850 ET	Japan Q1 BSI all-industry business conditions, Q4 4.6.

U.S. STOCK CALENDAR03/10/2016

Company	Ticker	Time	Event Description	Period	Estimate
Dollar General Corp	DG US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	1.261
Care Capital Properties Inc	CCP US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.787
Four Corners Property Trust Inc	FCPT US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.445
Armstrong World Industries Inc	AWI US	8:00	Investor Meeting	Y 2016
Western Union Co/The	WU US	8:30	Investor Day	Y 2016
Genpact Ltd	G US	9:00	Analyst & Investor Day	Y 2016
Dollar General Corp	DG US	10:00	Q4 2016 Earnings Call	Q4 2016
Tahoe Resources Inc	THO CN	10:00	Q4 2015 Earnings Call	Q4 2015
Care Capital Properties Inc	CCP US	10:00	Q4 2015 Earnings Call	Q4 2015
Applied Materials Inc	AMAT US	13:00	Annual General Meeting	Y 2016
American Express Co	AXP US	13:30	Investor Day	Y 2016
United Technologies Corp	UTX US	14:00	Investor and Analyst Meeting	Y 2016
F5 Networks Inc	FFIV US	14:00	Annual General Meeting	Y 2016
Four Corners Property Trust Inc	FCPT US	14:00	Q4 2015 Earnings Call	Q4 2015
VeriFone Systems Inc	PAY US	16:01	Q1 2016 Earnings Release	Q1 2016	0.461
VeriFone Systems Inc	PAY US	16:30	Q1 2016 Earnings Call	Q1 2016
Ulta Salon Cosmetics & Fragrance Inc	ULTA US	17:00	Q4 2016 Earnings Call	Q4 2016
Ulta Salon Cosmetics & Fragrance Inc	ULTA US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	1.535
Cabot Corp	CBT US		Annual General Meeting
Equifax Inc	EFX US		Investor Meeting - Boston	Y 2016
National Fuel Gas Co	NFG US		Annual General Meeting
Xcel Energy Inc	XEL US		Investor Meeting - Day 2	Y 2016

Toro - Chart of the Day

The Toro Company (TTC) is the Chart of the Day.  The mower and snow blower company has a Trend Spotter buy signal, a Weighted Alpha of 26.30+ and gained 23.45% in the last year.

The Chart of the Day belongs to The Toro Company (TTC).  I found the mower and snow blower stock by using Barchart to sort today's All Time High list first for most new highs in the last month, then again for technical buy signals above  80%.  Last I use the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/29 the stock gained 11.12%.

Toro Company designs, manufactures and markets consumer and professional turf maintenance equipment, snow removal products and irrigation systems and provides landscaping and turf maintenance services. The company manufactures walk-behind power mowers and snowblowers and riding lawn mowers and lawn and garden tractors. The company designs and markets electrical and gas products, professional turf maintenance equipment and turf irrigation products.

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:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 15.30% in the last month
• Relative Strength Index 70.59%
• Technical support level at 81.19
• Recently traded at 82.82 with a  day moving average of 74.13

Fundamental factors:

• Market Cap $4.55 billion
• P/E 22.21
• Dividend yield 1.46%
• Revenue expected to grow 3.80% this year and another 5.70% next year
• Earning estimated to increase 12.70% this year, an additional 11.00% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 1 strong buy and 4 hold recommendations on the stock.

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

5 Great Stocks with Momentum

This morning I decided to use two of the best sources of investment information I know and team up the power of both.  I have read and been fascinated with Value Line for almost 50 years.  When I discovered my college had a subscription I went and read each new issue and have ever since  About 10 years ago I was reading a Forbes article called Best of the Web and it rated Barchart as one of the best data sources on technical stock market investing.  To this day I use both.

This morning I took the stocks Value Line Investment Survey rated 1&2.  That equals the quartile that Value Line estimates will have the best chance for relative price appreciation and ran them through Barchart to find which ones had the highest Barchart technical buy signals, then used its Flipchart feature to review the charts.

When I use a list from a reliable source of those predicted to have the best momentum and filter it through another reliable source to  find which is presently having the best momentum I should end up with some great stocks to consider.

Today's watch list includes Xcel Energy (XEL), Northwestern (NWE), Domino's Pizza (DPZ), Altria (MO) and American Water Works (AWK).

Xcel Energy (XEL)

 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 2.73% in the last month
• Relative Strength Index 69.08%
• Technical support level at 39.67
• Recently traded at 40.70 with a 50 day moving average of 38.13

Northwestern (NWE)

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 5.53% in the last month
• Relative Strength Index 71.90%
• Technical support level at 60.00
• Recently traded at 61.29 with a 50 day moving average of 56.37

Domino's Pizza (DPZ)

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 24.11% in the last month
• Relative Strength Index 77.22%
• Technical support level at 131.50
• Recently traded at 134.24 with a 50 day moving average of 114.59

Altria (MO)

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 3.42% in the last month
• Relative Strength Index 61.52%
• Technical support level at 61.11
• Recently traded at 62.52 with a 50 day moving average of 59.88

American Water Works (AWK)

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 6.35% in the last month
• Relative Strength Index 61.99%
• Technical support level at 66.50
• Recently traded at 68.37 with a 50 day moving average of 63.55

MORNING CALL 3/9

MORNING CALL

Wednesday, March 9th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 +0.56%) are up +0.49% and European stocks are up +1.35% on speculation that the ECB on Thursday will deliver a package of easing measures to spur economic growth. Energy and raw-material producing stocks are higher as the price of crude oil and copper rose. Crude oil had initially moved lower after the API late yesterday reported a +4.4 million bbl increase in U.S. crude inventories. However, crude recovered losses and is up +1.53% on the outlook for lower future U.S. crude production after the EIA cut its U.S. 2017 crude output forecast. Asian stocks settled mixed: Japan -0.84%, Hong Kong -0.08%, China -1.34%, Taiwan -0.35%, Australia +0.96%, Singapore +1.14%, South Korea +0.29%, India +0.55%.

The dollar index (DXY00 +0.16%) is up +0.17%. EUR/USD (^EURUSD) is down -0.33%. USD/JPY (^USDJPY) is down -010% at a 1-week low.

Jun T-note prices (ZNM16 -0.27%) are down -11.5 ticks.

The Energy Information Administration (EIA) in its monthly Short-Term Energy Outlook projected that U.S. 2017 crude production will fall -5.5% y/y to 8.19 million bpd, less than the 8.46 million bpd previously forecast and a 4-year low.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -4.8% with purchase sub-index -0.6% and refi sub-index -7.2%), (2) Jan wholesale inventories (expected -0.2%, Dec -0.1% m/m) and Jan wholesale trade sales (expected -0.3% m/m, Dec -0.3% m/m), (3) the Treasury's auction of $20 billion of 10-year T-notes, (4) EIA Weekly Petroleum Status Report, and (5) USDA Mar WASDE crop production.

There are 2 of the Russell 1000 companies that report earnings today: Tahoe Resources (consensus $0.12), Square Inc (-0.14).

U.S. IPO's scheduled to price today: KLR Acquisition Group (KLREU)

Equity conferences this week include: Raymond James Institutional Investors Conference on Mon-Wed, J.P. Morgan Aviation, Transportation & Industrials Conference on Tue-Wed, Piper Jaffray Technology Symposium on Tue-Wed, RBC Capital Markets Financial Institutions Conference on Tue-Wed, UBS Global Consumer Conference on Wed-Thu, JPMorgan Chase & Co., Inc Aviation, Transportation and Industrials Conference on Tue-Thu, J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thu.

OVERNIGHT U.S. STOCK MOVERS

CBS Corp. (CBS -1.58%) was upgraded to 'Outperform' from 'Market Perform' at Wells Fargo Securities.

Yelp (YELP -4.74%) and Groupon (GRPN -3.78%) were both downgraded to 'Sell' from 'Neutral' at UBS.

United Continental Holdings (UAL -2.20%) reported February traffic was up +2.7% and available seat miles were up +6%, but still sees Q1 passenger unit revenue down 6%-8% y/y due to a stronger dollar, lower surcharges, and softening domestic and international yields.

Ross Stores (ROST -0.26%) were downgraded to 'Neutral' from 'Buy' at Goldman Sachs.

Chipotle Mexican Grill (CMG -1.69%) fell nearly 4% in after-hours trading after it said it closed a store in Billerica, Massachusetts for cleaning after 4 workers at the store "were not feeling well."

Aerovironment (AVAV -0.30%) climbed over 7% in after-hours trading after it raised guidance on yearly gross profit margin to between 38%-39.5%, up from a December forecast of 37%-37.5%.

Blue Buffalo Pet Products (BUFF -4.72%) surged over 10% in after-hours trading after it reported Q4 adjusted EPS of 16 cents, higher than consensus of 14 cents, and then raised guidance on fiscal 2016 adjusted EPS to 72 cents-74 cents, higher than consensus of 70 cents.

NCI Building Systems (NCS -3.45%) rose over 3% in after-hours trading after it reported Q1 adjusted EPS of 7 cents, well above consensus of 2 cents, as Q1 sales rose to $370 million, above consensus of $363.8 million.

Amplify Snack Brands (BETR -1.60%) jumped over 9% in after-hours trading after it reported Q4 adjusted EPS of 13 cents, higher than consensus of 9 cents and then raised guidance on 2016 adjusted EPS to 61 cents-64 cents, above consensus of 57 cents.

Zagg Inc. (ZAGG -1.42%) slumped over 10% in after-hours trading after it reported Q4 GAAP EPS of 18 cents, weaker than consensus of 24 cents.

Cerus Corp. (CERS -5.51%) slid over 5% in after-hours trading after it said it sees 2016 global revenue of $37 million-$40 million, below consensus of $44.5 million.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.56%) this morning are up +9.75 points (+0.49%). Tuesday's closes: S&P 500 -1.12%, Dow Jones -0.64%, Nasdaq -0.88%. The S&P 500 on Tuesday closed lower on concern that a slowdown in China will undercut global economic growth after China Feb exports fell -25.4%y/y, weaker than expectations of -14.5% y/y and the largest decline in 6-3/4 years. In addition, energy and commodity producers showed weakness after the price of crude oil and copper fell.

Jun 10-year T-notes (ZNM16 -0.27%) this morning are down -11.5 ticks. Tuesday's closes: TYM6 +18.50, FVM6 +11.25. Jun T-notes on Tuesday closed higher on increased safe-haven demand with the sell-off in stocks. T-notes also received a boost from Japanese government bonds where the 10-year JGB bond yield fell to a record low of -0.10%.

The dollar index (DXY00 +0.16%) this morning is up +0.163 (+0.17%). EUR/USD (^EURUSD) is down -0.0036 (-0.33%). USD/JPY (^USDJPY) is down-0.11 (-0.10%) at a 1-week low. Tuesday's closes: Dollar Index +0.138 (+0.14%), EUR/USD -0.0003 (-0.03%), USD/JPY -0.84 (-0.74%). The dollar index on Tuesday recovered from a 2-week low and closed higher on weakness in EUR/USD on the outlook for the ECB to expand stimulus when it meets on Thursday. The dollar also received a boost from weakness in GBP/USD after BOE official Weale said that if the outlook for inflation worsens, "the scope for further asset purchases is substantial."

Apr WTI crude (CLJ16 +1.78%) this morning is up +56 cents (+1.53%) and Apr gasoline (RBJ16 +2.02%) is up +0.0318 (+2.29%). Tuesday's closes: CLJ6 -1.40 (-3.69%), RBJ6 -0.0049 (-0.35%). Apr crude and gasoline on Tuesday closed lower on concern that a slowdown in China's economy will lead to slower global growth and energy demand after China Feb exports fell by the most in 6-3/4 years. Crude oil prices were also undercut by expectations that Wednesday's EIA data will show U.S crude supplies rose +3.5 million bbl. Crude oil prices found some underlying support on news that Chinese Feb crude oil imports rose +19% m/m to 31.8 MMT.

GLOBAL EVENT CALENDAR03/09/2016

US	0700 ET	Weekly MBA mortgage applications, previous -4.8% with purchase sub-index -0.6% and refi sub-index -7.2%.
	1000 ET	Jan wholesale inventories expected -0.2%, Dec -0.1% m/m. Jan wholesale trade sales expected -0.3% m/m, Dec -0.3% m/m.
	1030 ET	EIA Weekly Petroleum Status Report.
	1200 ET	USDA Mar WASDE crop production.
	1300 ET	Treasury auctions $20 billion 10-year T-notes.
JPN	0100 ET	Japan Feb machine tool orders, Jan -17.2% y/y.
	1850 ET	Japan Feb PPI expected -0.3% m/m and -3.4% y/y, Jan -0.9% m/m and -3.1% y/y.
UK	0430 ET	UK Jan industrial production expected +0.4% m/m and unch y/y, Dec -1.1% m/m and -0.4% y/y.
	0430 ET	UK Jan manufacturing production expected +0.2% m/m and -0.7% y/y, Dec -0.2% m/m and -1.7% y/y.
	1901 ET	UK Feb RICS house price balance expected 50%, Jan 49%.
CHI	2030 ET	China Feb CPI expected +1.8% y/y, Jan +1.8% y/y. Feb PPI expected -4.9% y/y, Jan -5.3% y/y.
	n/a	China Feb new yuan loans expected +1.2 trillion yuan, Jan +2.51 trillion yuan. Feb aggregate financing expected +1.790 trillion yuan, Jan +3.417 trillion yuan.

U.S. STOCK CALENDAR03/09/2016

Company	Ticker	Time	Event Description	Period	Estimate
Analog Devices Inc	ADI US	9:00	Annual General Meeting	Y 2016
Tyco International Plc	TYC US	10:00	Annual General Meeting	Y 2016
Whole Foods Market Inc	WFM US	11:00	Annual General Meeting	Y 2016
Danaher Corp	DHR US	17:00	ITC Decision Due in Instradent vs. Danaher Corp. Patent Case
Square Inc	SQ US	17:00	Q4 2015 Earnings Call	Q4 2015
Tahoe Resources Inc	THO CN	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.122
Square Inc	SQ US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.137