Dupont Fabros Technology - Chart of the Day

DuPont Fabros Technology is the Barchart Chart of the Day.  The REIT has a Trend Spotter buy signal, a Weighted Alpha of 38.60 and gained 57.40% in the last 6 months while paying a 4.71% dividend yield.

The Chart of the Day belongs to DuPont Fabros Technology (DFT).  I found the REIT by using Barchart to sort today's All Time High list first by the gain in the last 6 months then I used to Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 4/28 the stock gained 24.43%.

DuPont Fabros Technology, Inc. is a leading owner, developer, operator and manager of wholesale data centers and a real estate investment trust. The Company's data centers are highly specialized, secure facilities used primarily by national and international technology companies to house, power and cool the computer servers that support many of their most critical business processes. DuPont Fabros Technology is headquartered in Washington, DC.

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
• 11 new highs and up 14.54% in the last month
• Relative Strength Index 77.10%
• Technical support level at 39.38
• Recently traded at 40.53 with a 50 day moving average of 34.79

Fundamental factors:

• Market Cap $2.66 billion
• P/E 15.48
• Dividend yield 4.71%
• Revenue expected to grow 13.40% this year and another 8.80% next year
• Earnings estimated to increase 11.40% this year, an additional 8.40% next year and continue to compound at an annual rate of 12.65% for the next 5 years
• Wall Street analysts issued 2 strong buy, 5 buy, 8 hold and 1 under perform recommendation on the stock

MORNING CALL 3/24

MORNING CALL

Thursday, March 24th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Jun E-mini S&Ps (ESM16 -0.54%) are down -0.47% and European stocks are down -1.44%, as a stronger dollar undercuts commodity prices and drags down raw-material and energy producing stocks. Hawkish comments from Fed officials this week have bolstered the chance of a Fed rate hike next month and boosted the dollar and led to a sell-off in commodities. Crude oil is down -2.26% at a 1-week low, gold is down -0.41% at a 1-month low, and copper is down -0.51% at a 1-week low. Asian stocks settled lower: Japan -0.64%, Hong Kong -1.31%, China -1.63%, Taiwan -0.26%, Australia -1.13%, Singapore -1.20%, South Korea -0.47%, India closed for holiday. Losses in crude oil producers led Chinese stocks lower after PetroChina Co. posted its weakest annual profit since 1999. The yuan slipped to a 1-week low against he dollar after the PBOC lowered its reference rate for yuan by 0.33%, the most in 2-1/2 months.

The dollar index (DXY00 +0.16%) is up +0.15% at a 1-week high. EUR/USD (^EURUSD) is down -0.09% at a 1-week low. USD/JPY (^USDJPY) is up +0.23% at a 1-week high.

Jun T-note prices (ZNM16 +0.04%) are up +0.5 of a tick.

In its monthly Economic Bulletin published today, the ECB said the monetary-policy package announced this month "will exploit the synergies between the different instruments and has been calibrated to further ease financing conditions, stimulate new credit provision and thereby reinforce the momentum of the Eurozone's economic recovery and accelerate the return of inflation."

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) St. Louis Fed President James Bullard's speech on the U.S. economy and monetary policy at an even hosted by the New York Association for Business Economics, (2) weekly initial unemployment claims (expected +3,000 to 268,000, previous +7,000 to 265,000) and continuing claims (expected unch at 2.235 million, previous +8,000 to 2.235 million), (3) Feb durable goods orders (expected -3.0% and -0.3% ex-transportations, Jan +4.7% and +1.7% ex-transportation) (4) Mar Markit services PMI (expected +1.7 to 51.4, Feb -3.5 to 49.7), and (5) Mar Kansas City Fed manufacturing activity (Feb -3 to -12).

There are 4 of the Russell 1000 companies that report earnings today: Accenture (consensus $1.18), Signet Jewelers (3.63), GameStop (2.27), Carnival Corp (0.32).

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

Equity conferences during the remainder of this week include: BB&T Capital Markets Commercial & Industrial Investors Conference on Wed-Thu.

OVERNIGHT U.S. STOCK MOVERS

Wells Fargo (WFC -1.21%) was rated a new 'Sell' at UBS With a aprice target of $45.

General Dynamics (GD -0.68%) was downgraded to 'Hold' from 'Buy' at Deutsche Bank.

Concordia Healthcare (CXRX -2.56%) reported Q4 adjusted EPS continuing operations of $1.24, below consensus of $1.30.

T-Mobile (TMUS -0.56%) was rated a new 'Buy' at FBR Captal with a price target of $40.

Dollar General (DG +0.73%) said that it will open 900 new stores in 2016 and 1,000 in 2017.

H.B. Fuller (FUL -2.26%) reported Q1 adjusted EPS of 43 cents, above consensus of 39 cents, although Q1 revenue of $474.3 million was below consensus of $477.8 million.

Sportsman's Warehouse Holdings (SPWH -1.29%) dropped 7% in after-hours trading after it said it sees fiscal year EPS of 65 cents-73 cents, below consensus of 75 cents.

Oxford Industries (OXM -2.79%) lowered guidance on fiscal year adjusted EPS to $3.75-$3.95, below consensus of $3.99.

PVH Corp. (PVH -1.53%) rose over 3% in after-hours trading after it reported Q4 adjusted EPS of $1.52, above consensus of $1.46, and said it sees Q1 adjusted EPS of $1.40-$1.45, well above consensus of $1.33.

KB Home (KBH -3.82%) rallied over 7% in after-hours trading after it reported Q1 EPS of 14 cents, higher than consensus of 11 cents.

Lannett (LCI +0.15%) lost 1% in after-hours trading after it lowered guidance on fiscal 2016 net sales to $555 million-$565 million from a prior forecast of $585 million-$595 million, below consensus of $582.2 million.

Office Depot (ODP +2.09%) climbed nearly 9% in after-hours trading after the judge handling the Federal Trade Commission’s (FTC) lawsuit to prevent Staples' planned merger with Office Depot rebuked the FTC over its legal tactics and accused them of pressuring Amazon to provide favorable testimony.

Terex (TEX -2.78%) jumped 10% in after-hours trading after it received a revised $31-a-share bid buyout offer from Zoomlion.

Vitae Pharmaceuticals (VTAE -4.27%) slipped 2% in after-hours trading after it started a secondary share offering via Piper Jaffray and BMO Capital Markets.

Reeds (REED -1.11%) slumped over 10% in after-hours trading after it reported a fiscal 2015 loss of -30 cents, a bigger loss than consensus of -28cents.

MARKET COMMENTS

Jun E-mini S&Ps (ESM16 -0.54%) this morning are down -9.50 points (-0.47%). Wednesday's closes: S&P 500 -0.64%, Dow Jones -0.453%, Nasdaq-0.79%. The S&P 500 on Wednesday closed lower on weakness in commodity and energy producers as commodity prices sold off and on hawkish comments by St. Louis Fed President Bullard who said the FOMC should consider raising interest rates at next month's meeting amid the prospects of inflation and unemployment exceeding Fed targets.

Jun 10-year T-notes (ZNM16 +0.04%) this morning are up +0.5 of a tick. Wednesday's closes: TYM6 +17.00, FVM6 +10.25. Jun T-notes on Wednesday closed higher on increased safe-haven demand for T-notes as stocks declined and on the sell-off in crude oil, which reduced inflation expectations.

The dollar index (DXY00 +0.16%) this morning is up +0.146 (+0.15%) at a 1-week high. EUR/USD (^EURUSD) is down -0.0010 (-0.09%) at a 1-week low. USD/JPY (^USDJPY) is up +0.26 (+0.23%) at a 1-week high. Wednesday's closes: Dollar Index +0.398 (+0.42%), EUR/USD -0.0036 (-0.32%), USD/JPY +0.01 (+0.01%). The dollar index on Wednesday closed higher on comments from Philadelphia Fed President Harker who said that "it is appropriate to consider every FOMC meeting live" for an interest rate hike and comments from St. Louis Fed President Bullard who said the FOMC should consider raising interest rates at next month's meeting as "I think we are going to end up overshooting on inflation" and the natural rate of unemployment.

May WTI crude (CLK16 -2.24%) this morning is down -90 cents (-2.26%) at a 1-week low and May gasoline (RBK16 -1.31%) is down -0.0182 (-1.23%). Wednesday's closes: CLK6 -1.66 (-4.00%), RBK6 -0.0428 (-2.80%). May crude and gasoline on Wednesday closed sharply lower on a stronger dollar and the +9.357 million bbl surge in weekly EIA crude inventories to a record high 532.5 million bbl (vs expectations of +2.5 million bbl). Crude oil prices received underlying support from the -1.258 million bbl decline in crude supplies at Cushing, the first decline in the last 8 weeks, and from the -0.3%decline in U.S. crude production in the week ended Mar 18 to a 16-month low of 9.038 million bpd.

GLOBAL EVENT CALENDAR03/24/2016

US	0815 ET	St. Louis Fed President James Bullard speaks on the U.S. economy and monetary policy at an even hosted by the New York Association for Business Economics.
	0830 ET	Weekly initial unemployment claims expected +3,000 to 268,000, previous +7,000 to 265,000. Weekly continuing claims expected unch at 2.235 million, previous +8,000 to 2.235 million.
	0830 ET	Feb durable goods orders expected -3.0% and -0.3% ex-transportations, Jan +4.7% and +1.7% ex-transportation. Feb capital goods orders non-defense ex-aircraft expected -0.5%, Jan +3.4%.
	0830 ET	USDA weekly Export Sales.
	0945 ET	Mar Markit services PMI expected +1.7 to 51.4, Feb -3.5 to 49.7. Mar Markit composite PMI, Feb -3.2 to 50.0.
	1100 ET	Mar Kansas City Fed manufacturing activity, Feb -3 to -12.
	1100 ET	Treasury announces amount of 2-year T-notes (previous $26 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Mar 28-30.
GER	0300 ET	German Apr GfK consumer confidence expected unch at 9.5.
	0300 ET	German Feb import price index expected -0.2% m/m and -5.1% y/y, Jan -1.5% m/m and -3.8% y/y.
UK	0530 ET	UK Feb retail sales including auto fuel expected -0.7% m/m and +3.9% y/y, Jan +2.3% m/m and +5.2% y/y.
	0530 ET	UK Feb retail sales ex auto fuel expected -1.0% m/m and +3.5% y/y, Jan +2.3% m/m and +5.0% y/y.
	0700 ET	UK Mar CBI retailing reported sales expected unch at 10.
JPN	1930 ET	Japan Feb national CPI expected +0.3% y/y, Jan unch y/y. Feb national CPI ex-fresh food expected unch y/y, Jan unch y/y. Feb national CPI ex food & energy expected +0.8% y/y, Jan +0.7% y/y.
	1930 ET	Japan Mar Tokyo CPI expected unch y/y, Feb +0.1% y/y. Mar Tokyo CPI ex-fresh food expected -0.2% y/y, Feb -0.1% y/y. Mar Tokyo CPI ex food & energy expected +0.5% y/y, Feb +0.5% y/y.
	1950 ET	Japan Feb PPI services expected +0.2% y/y, Jan +0.2% y/y.

U.S. STOCK CALENDAR03/24/2016

Company	Ticker	Time	Event Description	Period	Estimate
Accenture PLC	ACN US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	1.184
Signet Jewelers Ltd	SIG US	7:00	Q4 2016 Earnings Release	Q4 2016	3.629
Principal Financial Group Inc	PFG US	8:00	Roadshow - Amsterdam	Y 2016
Accenture PLC	ACN US	8:00	Q2 2016 Earnings Call	Q2 2016
Signet Jewelers Ltd	SIG US	8:30	Q4 2016 Earnings Call	Q4 2016
PVH Corp	PVH US	9:00	Q4 2016 Earnings Call	Q4 2016
Dollar General Corp	DG US	9:00	Business Update Call
VeriFone Systems Inc	PAY US	12:30	Annual General Meeting
GameStop Corp	GME US	17:00	Q4 2016 Earnings Call	Q4 2016
GameStop Corp	GME US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	2.274
Carnival Corp	CCL US		Q1 2016 Earnings Release	Q1 2016	0.318
Thermo Fisher Scientific Inc	TMO US		Shareholders Meeting	Y 2016

Aptargroup - Chart of the Day

Aptargroup (ATR) is the Barchart Chart of the Day.  The plastics products company has a Trend Spotter buy signal, a Weighted Alpha of 27.10+, gained 24.20% in the last year and paid a 1.55% dividend.


The Chart of the Day belongs to Aptargroup (ATR).  I found the plastic products stock by using Barchart to sort today's All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more.  I then used the Flipchart feature to review the charts for consistency.  Since the Trend Spotter signaled a buy on 1/29 the stock gained 8.00%.

Aptargroup Inc. is a leader in the design, manufacture and sale of threecategories of consumer product dispensing systems: pumps, closures and aerosol valves. The company focuses on providing value-added dispensing systems to global consumer product marketers in the personal care, fragrance/cosmetics, pharmaceutical, household/industrial products and food industries. Value-added packaging allows consumers to conveniently dispense a product, in an aesthetically attractive package, which consistently meets required usage or dosage characteristics.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 8.04% in the last month
• Relative Strength Index 71.57%
• Technical support level at 73.93
• Recently traded at 78.79 with a 50 day moving average of 73.17

Fundamental factors:

• Market Cap $4.92 billion
• P/E 24.96
• Dividend yield 1.55
• Revenue expected to grow 2.80% this year and another 5.30% next year
• Earnings estimated to increase 8.30% this year, an additional 10.20% next year and continue to compound at an annual rate of 9.88% for the next 5 years
• Wall Street analysts issued 2 strong buy, 1 buy and 7 hold recommendations on the stock

5 Mid Caps for Momentum Investors

Readers have asked me to identify momentum opportunities as early as possible so I have changed my screening criteria to very short term technical indicators.  Today I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the most frequent new highs in the last month then again for short term technical buy signals.  I always use the Flipchart feature to review the charts for consistency.  Today's watch list includes:

Packaging Corp of America (PKG), NCR Corp (NCR), Brown & Brown (BRO), Alexandria Real Estate Equity (ARE) and American Financial Group (AFG)

Packaging Corp of America (PKG)

Barchart technical indicators:

• 80% short term technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 19 new highs and up 29.35% in the last month
• Relative Strength Index 72.26%
• Technical support level at 57.27
• Recently traded at 58.91 with a 50 day moving average of 52.15

NCR Corp (NCR)

Barchart technical indicators:

• 80% short tern technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 24.14% in the last month
• Relative Strength Index 74.27%
• Technical support level at 27.80
• Recently traded at 28.26 with a 50 day moving average of 22.87

Brown & Brown (BRO)

Barchart technical indicators:

• 80% short term technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 11.00% in the last month
• Relative Strength Index 76.87%
• Technical support level at 34.94
• Recently traded at 35.24 with a 50 day moving average of 31.91

Alexandria Real Estate Equities (ARE)

Barchart technical indicators:

• 80% short term technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 15.44% in the last month
• Relative Strength Index 70.50%
• Technical support level at 86.81
• Recently traded at 87.81 with a 50 day moving average of 79.79

American Financial Group (AFG)

Barchart technical indicators:

• 80% short term technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 6.36% in the last month
• Relative Strength Index 65.45%
• Technical support level at 69.34
• Recently traded at 71.24 with a 50 day moving average of 68.23

MORNING CALL 3/23

MORNING CALL

Wednesday, March 23rd, 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

Jun E-mini S&Ps (ESM16 +0.01%) are down -0.02% and European stocks are up +0.40%. The upside in U.S. stock index futures was limited as Nike fell nearly 6% in pre-market trading after it forecast sales during the next fiscal year will increase by a high-single-digit percentage, less than consensus of a 10% increase. Weakness in EUR/USD gave European automakers a boost to lead European stocks higher and Credit Suisse Group AG is up 2% after it announced an additional 2,000 job cuts. Asian stocks settled mixed: Japan -0.28%, Hong Kong -0.25%, China +0.35%, Taiwan -0.22%, Australia -0.47%, Singapore +0.05%, South Korea -0.07%, India +0.03%.

The dollar index (DXY00 +0.22%) is up +0.17%. EUR/USD (^EURUSD) is down -0.19%. USD/JPY (^USDJPY) is up +0.25%.

Jun T-note prices (ZNM16 -0.01%) are down -1 tick.

In an Economic Bulletin published by the ECB, the ECB said that a 1% decline in China GDP would have an impact of just 0.08% on Eurozone trade, while the effect of an equivalent demand shock in the U.S. would be more than three time bigger. "The trade impact on the Eurozone from a demand disturbance in the U.S. is likely to be substantial through both bilateral trade effects and echo effects. A similar shock in China would have less impact on Eurozone activity."

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -3.3% with purchase sub-index +0.3% and refi sub-index -5.6%), (2) St. Louis Fed President James Bullard's speech on Bloomberg TV and radio, (3) Feb new home sales (expected +3.2% to 510,000, Jan -9.2% to 494,000), and (4) the Treasury's auction of $13 billion of 2-year floating-rate T-notes.

There are 2 of the Russell 1000 companies that report earnings today: General Mills (consensus $0.62), PVH Corp (1.46).

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

Equity conferences during the remainder of this week include: Bank of America Merrill Lynch New York Auto Summit on Wed, BB&T Capital Markets Commercial & Industrial Investors Conference on Wed-Thu.

OVERNIGHT U.S. STOCK MOVERS

Nike (NKE +0.28%) dropped nearly 6% in pre-market trading after it reported Q3 revenue of $8.03 billion, well below consensus of $8.20 billion.

Red Hat (RHT +1.08%) slipped 2% in after-hours trading after it said Q4 billings growth was only 10.9% q/q, below the 14.9% q/q growth rate from Q3.

Charles Schwab (SCHW +0.46%) was rated a new 'Buy' at Argus Research.

Merk (MRK +0.44%) rose nearly 3% in after-hours trading after it won a jury verdict that allows it to seek royalties from Gilead Sciences for its Hepatitis C cure. Gilead Sciences (GILD +1.13%) fell almost over 3% on the news.

Steelcase (SCS +1.42%) rallied 5% in after-hours trading after it boosted its dividend to 12 cents a share from 11.25 cents a share.

Five Below (FIVE -1.59%) dropped nearly 5% in after-hours trading after it said it sees fiscal year EPS of $1.27-$1.31, below the midpoint of consensus of $1.31.

Biogen (BIIB +1.32%) slid over 2% in after-hours trading after the U.S. Patent Trial and Appeal Board said Kyle Bass has shown a reasonable likelihood of success to challenge the Biogen patent on Tecfidera.

Cintas (CTAS +0.19%) gained over 1% in after-hours trading after it raised guidance on fiscal 2016 EPS continuing operations to $3.98-$4.03 from a prior estimate of $3.83-$3.90, above consensus of $3.92.

Shell Midstream Partners LP (SHLX +2.10%) fell over 4% in after-hours trading after it said it started a 8.5 million-unit secondary offering.

Aratana Therapeutics ({=PETX gained almost 1% in after-hours trading after it said it is seeking FDA approval for its Entyce appetite-stimulation drug for dogs.

Affymetrix (AFFX -0.21%) climbed over 5% in after-hours trading after Origin Technologies increased its all-cash offer to buy Affymetrix for $17 a share.

Krispy Kreme Doughnuts (KKD -0.90%) slumped 7% in after-hours trading after it said it sees fiscal year adjusted EPS of 87 cents-91 cents, below consensus of 93 cents.

Pieris Pharmaceuticals (PIRS +3.30%) jumped over 10% in after-hours trading after it reported a Q4 loss of -7 cents, a smaller loss than consensus of-12 cents.

MARKET COMMENTS

Jun E-mini S&Ps (ESM16 +0.01%) this morning are down -0.50 (-0.02%). Tuesday's closes: S&P 500 -0.09%, Dow Jones -0.23%, Nasdaq +0.24%. The S&P 500 on Tuesday shook off early losses and rallied to a 2-1/2 month high and closed little changed. Stocks were boosted by upbeat comments from Chicago Fed President Evans who said he expects U.S. 2016 GDP between 2.0% and 2.5% and that "the fundamentals are really quite good for the economy going forward." Stocks also received a boost from technology stocks, which were led by a +0.8% increase in Apple. Stocks saw early weakness in leisure and travel-related stocks due to the terrorist bombings in Belgium.

Jun 10-year T-notes (ZNM16 -0.01%) this morning are down -1 tick. Tuesday's closes: TYM6 -7.00, FVM6 -5.25. Jun T-notes on Tuesday erased early gains and closed lower on reduced safe-haven demand for government debt after stocks recovered from early losses and on Chicago Fed President Evans' comment that U.S. economic fundamental are "really quite good," which may lead to further Fed interest rate increases. T-notes opened higher on safe-haven demand after the terrorist bombings in Belgium.

The dollar index (DXY00 +0.22%) this morning is up +0.166 (+0.17%). EUR/USD (^EURUSD) is down -0.0021 (-0.19%). USD/JPY (^USDJPY) is up +0.28 (+0.25%). Tuesday's closes: Dollar Index +0.360 (+0.38%), EUR/USD -0.0024 (-0.21%), USD/JPY +0.42 (+0.38%). The dollar index on Tuesday closed higher on increased safe-haven demand for the dollar after the terrorist bombings in Brussels. In addition, GBP/USD saw weakness after a smaller-than-expected increase in UK Feb CPI reduced the chance of a BOE rate increase, which was negative for the British pound.

May WTI crude (CLK16 -0.99%) this morning is down -41 cents (-0.99%) and May gasoline (RBK16 +0.17%) is up +0.0040 (+0.26%). Tuesday's closes: CLK6 -0.07 (-0.17%), RBK6 +0.0348 (+2.33%). May crude and gasoline on Tuesday settled mixed with May gasoline at a 2-1/2 month high. Crude oil prices were undercut by a stronger dollar and by expectations for EIA crude inventories to increase by +2.5 million bbl on Wednesday. Gasoline rallied on expectations that Wednesday's EIA gasoline supplies will decline by -2.5 million bbl.

GLOBAL EVENT CALENDAR03/23/2016

US	0700 ET	Weekly MBA mortgage applications, previous -3.3% with purchase sub-index +0.3% and refi sub-index -5.6%.
	0900 ET	St. Louis Fed President James Bullard speaks on Bloomberg TV and radio.
	1000 ET	Feb new home sales expected +3.2% to 510,000, Jan -9.2% to 494,000.
	1030 ET	EIA Weekly Petroleum Status Report.
	1300 ET	Treasury auctions $13 billion 2-year floating-rate T-notes.
EUR	1100 ET	Eurozone Mar consumer confidence expected +0.5 to -8.3, Feb -8.8.
JPN	2300 ET	Japan Mar Nikkei manufacturing PMI, Feb 50.1.

U.S. STOCK CALENDAR03/23/2016

Company	Ticker	Time	Event Description	Period	Estimate
General Mills Inc	GIS US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.621
Principal Financial Group Inc	PFG US	8:00	Roadshow - Frankfurt	Y 2016
CIT Group Inc	CIT US	8:00	Business Update Call
General Mills Inc	GIS US	8:30	Q3 2016 Earnings Call	Q3 2016
First Niagara Financial Group Inc	FNFG US	10:00	Extraordinary Shareholders Meeting - M&A Vote	Y 2016
KeyCorp	KEY US	11:00	Extraordinary Shareholders Meeting - M&A Vote	Y 2016
Starbucks Corp	SBUX US	13:00	Annual General Meeting	Y 2016
PVH Corp	PVH US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	1.464
Raymond James Financial Inc	RJF US		February 2016 Sales and Revenue Release - Operating Data	2016
Hewlett Packard Enterprise Co	HPE US		Annual General Meeting	Y 2016

The Travelers Companies - Chart of the Day

The Travelers Companies (TRV) is the Barchart Chart of the Day.  The P&C insurance carrier has a Trend Spotter buy signal, a Weighted Alpha of 12.10+ , gained 5.57% in the last year while paying a 2.11% dividend.

The Chart of the Day is The Travelers Companies (TRV).  I found the P&C insurance stock by using Barchart to sort today's All Time High list first for the most frequent new highs in the last month, then again for technical buy signals of 80% or better.  Since the Trend Spotter signaled a buy on 2/22 the stock gained 6.14%.

St. Paul Travelers is a leading provider of commercial property-liability insurance and asset management services. Under the Travelers brand, the company is also a leading underwriter of homeowners and auto insurance through independent agents.

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
• 16 new highs and up 6.14% in the last year
• Relative Strength Index 72.18%
• Technical support level at 114.89
• Recently traded at 116.06 with a 50 day moving average of 108.37

Fundamental factors:

• Market Cap $34.34 billion
• P/E 10.64
• Dividend yield 2.11%
• Revenue expected to grow 1.40% this year and another 2.00% next year
• Earnings estimated to decrease 10.50% this year but increase again by 2.40% next year and continue to compound at an annual rate of 2.94% for the next 6 years
• Wall Street analysts issued 3 strong buy, 1 buy, 23 hold and 2 under perform recommendations on the stock

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

5 Large Caps for Momentum Investors

One of the best ways to find momentum stocks before others is to screen for new highs over just the last month.  Today I used Barchart to sort the S&P 500 Large Cap Index stocks for those having the most frequent new highs in the last month.  Today's watch list includes:

Cintas (CTAS), International Business Machines (IBM), Assurant (AIZ), Weyerhaeuser (WY), and The Travelers Companies (TRV)

Cintas (CTAS)

Barchart technical indicators:

• 64% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 6.29% in the last month
• Relative Strength Index 67.02%
• Technical support level at 88.81
• Recently traded at 90.14 with a 50 day moving average of 85.33

International Business Machines (IBM)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 17 new highs and up 11.24% in the last month
• Relative Strength Index 77.49%
• Technical support level at 146.03
• Recently traded at 148.99 with a 50 day moving average of 131.77

Assurant (AIZ)

Barchart technical indicators:

• 8% technical buy signal
• Trend Spotter Hold signal
• Above its 20 and 50 day moving averages
• 16 new highs and up 10.60% in the last month
• Relative Strength Index 60.21%
• Technical support level at 77.51
• Recently traded at 78.21 with a 50 day moving average of 75.49

Weyerhaeuser (WY)

Barchart technical indicators:

• 64% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 28.41% in the last month
• Relative Strength Index 78.46%
• Technical support level at 29.74
• Recently traded at 30.44 with a 50 day moving average of 25.49

The Travelers Companies (TRV)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 6.34% in the last month
• Relative Strength Index 72.74%
• Technical support level at 114.89
• Recently traded at 116.21 with a 50 day moving average of 108.37

MORNING CALL 3/22

MORNING CALL

Tuesday, March 22nd, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Jun E-mini S&Ps (ESM16 -0.33%) are down -0.40% and European stocks are down -0.65% after at least 28 people were killed in bombing attacks in Brussels' airport and a Maelbeek metro station. Losses in travel-related stocks are leading the overall markets lower with Carnival Corp., American Airlines, Expedia and Priceline Group all down at least 1% in pre-market trading. Flights in and out of Brussels were canceled and security precautions were stepped up at travel hubs throughout Europe. Gold and government bond prices are higher on increased safe-haven demand. Losses in European stocks were limited after the Eurozone Mar composite PMI rose more than expected and after German Mar IFO business confidence came in stronger than expected. Asian stocks settled mixed: Japan +1.94%, Hong Kong -0.08%, China -0.64%, Taiwan -0.31%, Australia -0.32%, Singapore unch, South Korea +0.46%, India +0.18%.

The dollar index (DXY00 +0.33%) is up +0.27%. EUR/USD (^EURUSD) is down -0.24%. USD/JPY (^USDJPY) is down -0.23%.

Jun T-note prices (ZNM16 +0.11%) are up +5 ticks.

The German Mar Markit/BME manufacturing PMI unexpectedly fell -0.1 to 50.4, weaker than expectations of +0.3 to 50.8 and the slowest pace of expansion in 16 months.

The German Mar ZEW survey expectations of economic growth rose +3.3 to 4.3, weaker than expectations of +4.4 to 5.4.

The German Mar IFO business climate rose +1.0 to 106.7, stronger than expectations of +0.3 to 106.0.

The Mar Markit composite PMI rose +0.7 to 53.7, stronger than expectations of no change at 53.0.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Jan FHFA house price index (expected +0.5%, Dec +0.4% m/m), (2) Markit preliminary-Mar U.S. manufacturing PMI (expected +0.6 to 51.9, Feb -1.1 to 51.3), (3) Mar Richmond Fed manufacturing index (expected +4 to 0, Feb -6 to -4), (4) Chicago Fed President Charles Evans' speech at the City Club of Chicago, and (5) Philadelphia Fed President Patrick Harker's speech at a Money Marketeers dinner in New York.

There are 5 of the Russell 1000 companies that report earnings today: NIKE (consensus $0.49), Cintas (0.95), Red Hat (0.47), SunEdison (-0.74), NorthStar Realty Europe.

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

Equity conferences this week include: Consumer Analyst Group of Europe Conference on Mon-Tue, Scotia Howard Weil Energy Conference on Mon-Tue, Wells Fargo Asset Managers, Brokers & Exchanges Forum on Tue, Gabelli Specialty Chemicals Conference on Tue, Telsey Advisory Group (TAG) Spring Consumer Conference on Tue, Bank of America Merrill Lynch New York Auto Summit on Wed, BB&T Capital Markets Commercial & Industrial Investors Conference on Wed-Thu.

OVERNIGHT U.S. STOCK MOVERS

American Airlines Group (AAL +0.07%) , Expedia (EXPE +0.63%) , Priceline Group (PCLN +0.47%) and Carnival Cruise Lines (CCL +0.30%) are all down at least 1% in pre-market trading as travel and leisure stocks fall in the aftermath of the terrorist bombings in Brussels.

Yahoo (YHOO +0.85%) was downgraded to 'Neutral' from 'Buy' at Citigroup.

Boyd Gaming (BYD -1.16%) was upgraded to 'Buy' from 'Neutral' at Janney Montgomery with a 12-month price target of $25.

Avis Budget Group (CAR +0.03%) was rated a new 'Buy' at Sterne Agee CRT with a 12-month target price of $35.

WW Grainger (GWW +0.82%) was rated a new 'Buy' at Sterne Agee CRT with a 12-month target price of $274.

Carnival Cruise Line (CCL +0.30%) said Cuba granted approval for Carnival's cruise ships to begin travel to Cuba starting May 1.

The CEO of Transocean (RIG -2.32%) said it will have to wait until at least 2019 before it can begin charging higher rig prices.

Waste Connections (WCN -0.21%) was rated a new 'Buy' at Sterne Agee CRT with a 12-month target price of $76.

Mattress Firm Holding (MFRM +0.95%) dropped over 5% in after-hours trading after it reported Q4 adjusted EPS of 53 cents, weaker than consensus of 56 cents, and then lowered guidance on fiscal year adjusted EPS to $2.50-$2.60, below consensus of $2.73.

Deutsche Bank (DB -1.04%) lost 1% in after-hours trading after Moody's Investors Service paced the bank on review for downgrade, citing revenue and expense headwinds that may delay an improvement in profitability.

NQ Mobile (NQ +1.60%) climbed over 5% in after-hours trading after it reported Q4 adjusted net revenue of $127.5 million, up +42 % y/y.

CalAmp (CAMP -1.28%) slumped over 7% in after-hours trading after it reported preliminary Q4 revenue of $71 million, below a December 22 forecast of $73 million-$78 million, and below consensus of $75.9 million.

Adecoagro (AGRO +1.21%) slid 6% in after-hours trading after it announced it started a public offering of 12 million shares.

YY Inc. (YY -3.53%) rose nearly 3% un after-hours trading after it reported paying users were up +29.9% y/y to 3.2 million as of Dec 31.

MicroVision (MVIS -7.85%) dropped over 6% in after-hours trading after it said it plans a secondary offering of common stock.

MARKET COMMENTS

Jun E-mini S&Ps (ESM16 -0.33%) this morning are down -8.25 points (-0.40%). Monday's closes: S&P 500 +0.10%, Dow Jones +0.12%, Nasdaq +0.37%. The S&P 500 on Monday climbed to a 2-1/2 month high and closed higher on carryover support from a +2.15% rally in China's Shanghai Composite and on M&A activity after Sherwin-Williams bought Valspar for $9.3 billion and Marriott International purchased Starwood Hotels & Resorts International for $13.6 billion. Stocks were undercut by the -7.1% decline in U.S. Feb existing home sales to 5.08 million, weaker than expectations of-3.0% to 5.31 million.

Jun 10-year T-notes (ZNM16 +0.11%) this morning are up +5 ticks. Monday's closes: TYM6 -12.50, FVM6 -7.25. Jun T-notes on Monday closed lower on San Francisco Fed President Williams's comment that the Fed may raise interest rates in April or June and on increased inflation expectations after the 10-year T-note breakeven inflation rate jumped to a 3-1/2 month high.

The dollar index (DXY00 +0.33%) this morning is up +0.254 (+0.27%). EUR/USD (^EURUSD) is down -0.0027 (-0.24%). USD/JPY (^USDJPY) is down-0.26 (-0.23%). Monday's closes: Dollar Index +0.202 (+0.21%), EUR/USD -0.0029 (-0.26%), USD/JPY +0.40 (+0.36%). The dollar index on Monday closed higher on San Francisco Fed President Williams' comment that the FOMC meetings in April or June have the potential for a Fed rate hike and on strength in USD/JPY as the safe-haven demand for the yen weakened as stocks rallied.

May WTI crude (CLK16 -0.34%) this morning is down -11 cents (-0.26%) and May gasoline (RBK16 +0.01%) is down -0.0035 (-0.24%). Monday's closes: CLK6 +0.38 (+0.92%), RBK6 +0.0303 (+2.07%). May crude oil and gasoline on Monday closed higher on Saudi Aramco CEO's comment that oil prices will start adjusting upward by year-end as the gap between supply and demand shrinks and on expectations that U.S. crude oil production will continue to decline.

GLOBAL EVENT CALENDAR03/22/2016

US	0900 ET	Jan FHFA house price index expected +0.5%, Dec +0.4% m/m.
	0945 ET	Markit preliminary-Mar U.S. manufacturing PMI expected +0.6 to 51.9, Feb -1.1 to 51.3.
	1000 ET	Mar Richmond Fed manufacturing index expected +4 to 0, Feb -6 to -4.
	1230 ET	Chicago Fed President Charles Evans speaks at the City Club of Chicago.
	1500 ET	USDA Feb Cold Storage.
	1900 ET	Philadelphia Fed President Patrick Harker speaks at a Money Marketeers dinner in New York.
JPN	0030 ET	Japan Jan all-industry activity index expected +1.9% m/m, Dec -0.9% m/m.
GER	0430 ET	German Mar Markit/BME manufacturing PMI expected +0.3 to 50.8, Feb 50.5. Mar Markit services PMI expected -0.3 to 55.0, Feb 55.3.
	0500 ET	German Mar IFO business climate index expected +0.3 to 106.0, Feb 105.7. Mar IFO current assessment index expected -0.2 to 112.7, Feb 112.9. Mar IFO expectations expected +0.7 to 99.5, Feb 98.8.
	0600 ET	German Mar ZEW survey expectations of economic growth expected +4.4 to 5.4, Feb 1.0. Mar ZEW current situation expected +0.7 to 53.0, Feb 52.3.
EUR	0500 ET	Eurozone Mar Markit manufacturing PMI expected +0.2 to 51.4, Feb 51.2. Mar Markit composite PMI expected unch at 53.0.
UK	0530 ET	UK Feb CPI expected +0.4% m/m and +0.4% y/y, Jan -0.8% m/m and +0.3% y/y. Feb core CPI expected +1.2% y/y, Jan +1.2% y/y.
	0530 ET	UK Feb RPI expected +0.5% m/m and +1.3% y/y, Jan -0.7% m/m and +1.3% y/y. Feb RPI ex mortgage interest payments expected +1.4% y/y, Jan +1.4% y/y.
	0530 ET	UK Feb PPI input prices expected +0.5% m/m and -7.4% y/y, Jan -0.7% m/m and -7.6% y/y.
	0530 ET	UK Feb PPI output prices expected unch m/m and -1.2% y/y, Jan -0.1% m/m and -1.0% y/y. Feb PPI output core expected +0.1% m/m and +0.1% y/y, Jan +0.1% m/m and unch y/y.
	0530 ET	UK Jan ONS house prices, Dec +6.7% y/y.
	0530 ET	UK Feb public sector net borrowing expected +5.1 billion pounds, Jan -11.8 billion pounds.

U.S. STOCK CALENDAR03/22/2016

Company	Ticker	Time	Event Description	Period	Estimate
NorthStar Realty Europe Corp	NRE US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015
Principal Financial Group Inc	PFG US	8:00	Roadshow - London	Y 2016
NorthStar Realty Europe Corp	NRE US	9:00	Q4 2015 Earnings Call	Q4 2015
Akorn Inc	AKRX US	10:00	Business Update Call
NIKE Inc	NKE US	16:15	Q3 2016 Earnings Release	Q3 2016	0.486
Cintas Corp	CTAS US	16:15	Q3 2016 Earnings Release	Q3 2016	0.948
NIKE Inc	NKE US	17:00	Q3 2016 Earnings Call	Q3 2016
Cintas Corp	CTAS US	17:00	Q3 2016 Earnings Call	C4 2016
Red Hat Inc	RHT US	17:00	Q4 2016 Earnings Call	Q4 2016
Red Hat Inc	RHT US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	0.473
SunEdison Inc	SUNE US		Q4 2015 Earnings Release	Q4 2015	-0.74