Drew Industries - Chart of the Day

Drew Industries (DW) is the Barchart Chart of the Day.  The truck parts company has a Trend Spotter buy signal. a Weighted Alpha of 59.70+, gained 45.68% in the last year and paid a 1.47% dividend.

The Chart of the Day belongs to Drew Industries (DW).  I found the truck parts stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.

Drew Industries Incorporated has two reportable operating segments, the manufactured housing products segment and the recreational vehicle products segment. Several of the Company's customers produce both manufactured homes and recreational vehicles, and the Company supplies products having similar characteristics for use in both these lines of business.

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

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 15.83% in the last month
• Relative Strength Index 76.48%
• Technical support level at 80.85
• Recently traded at 85.09 with a 50 day moving average of 72.80

Fundamental factors:

• Market Cap $2.08 billion
• P/E 22.42
• Dividend yield 1.47%
• Revenue expected to grow 13.60% this year and another 7.80% next year
• Earnings estimated to increase 44.70% this year, an additional 13.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

Drew Industries - Chart of the Day

Drew Industries (DW) is the Barchart Chart of the Day.  The truck parts company has a Trend Spotter buy signal. a Weighted Alpha of 59.70+, gained 45.68% in the last year and paid a 1.47% dividend.

The Chart of the Day belongs to Drew Industries (DW).  I found the truck parts stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.

Drew Industries Incorporated has two reportable operating segments, the manufactured housing products segment and the recreational vehicle products segment. Several of the Company's customers produce both manufactured homes and recreational vehicles, and the Company supplies products having similar characteristics for use in both these lines of business.

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

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 15.83% in the last month
• Relative Strength Index 76.48%
• Technical support level at 80.85
• Recently traded at 85.09 with a 50 day moving average of 72.80

Fundamental factors:

• Market Cap $2.08 billion
• P/E 22.42
• Dividend yield 1.47%
• Revenue expected to grow 13.60% this year and another 7.80% next year
• Earnings estimated to increase 44.70% this year, an additional 13.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

Drew Industries - Chart of the Day

Drew Industries (DW) is the Barchart Chart of the Day.  The truck parts company has a Trend Spotter buy signal. a Weighted Alpha of 59.70+, gained 45.68% in the last year and paid a 1.47% dividend.

The Chart of the Day belongs to Drew Industries (DW).  I found the truck parts stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or better.  I always use the Flipchart feature to review the charts.

Drew Industries Incorporated has two reportable operating segments, the manufactured housing products segment and the recreational vehicle products segment. Several of the Company's customers produce both manufactured homes and recreational vehicles, and the Company supplies products having similar characteristics for use in both these lines of business.

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

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 15.83% in the last month
• Relative Strength Index 76.48%
• Technical support level at 80.85
• Recently traded at 85.09 with a 50 day moving average of 72.80

Fundamental factors:

• Market Cap $2.08 billion
• P/E 22.42
• Dividend yield 1.47%
• Revenue expected to grow 13.60% this year and another 7.80% next year
• Earnings estimated to increase 44.70% this year, an additional 13.80% next year and continue to compound at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 3 strong buy, 1 buy and 1 hold recommendation on the stock

American Campus Communities - Chart of the Day

America Campus Communities (ACC) is the Barchart Chart of the Day.  The student housing REIT has a Trend Spotter buy signal, a Weighted Alpha of 33.20+, gained 27.27% in the last year and paid a 3.42% dividend.

The Chart of the Day belongs to America Campus Communities (ACC).  I found the student housing 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. Always use the Flipchart feature to review the charts for consistency.

American Campus Communities, Inc. is a fully integrated, self-managed and self-administered equity REIT with expertise in the acquisition, design, finance, development, construction management, leasing and management of student housing properties.

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

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs up 6.73% in the last month
• Relative Strength Index 68.78%
• Technical support level at 48.67
• Recently traded at 49.32 with a 50 day moving average of 46.68

Fundamental factors:

• Market Cap $6.43 billion
• P/E 21.53
• Dividend yield 3.42%
• Revenue expected to grow 3.40% this year and another 5.60% next year
• Earnings estimated to be down 6.40% this year but increase again by 8.60% next year and compound at an annual rate of 2.70% for the next 5years
• Wall Street analysts opinions are mixed with 3 strong buy, 3 buy, 6 hold and 2 under perform reports on the stock

MORNING CALL 6/23

MORNING CALL

Thursday, June 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 Sep E-mini S&Ps (ESU16 +0.99%) are up sharply by +0.99% at a 1-1/2 week high and European stocks are up +2.34% at a 3-week high as the UK referendum on membership in the European Union is under way. Optimism is high that Britain will vote to remain in the EU as GBP/USD soared +1.13% to a 5-3/4 month high. Global government bonds and the price of gold tumbled to 2-week lows with the surge in equity markets. Copper prices (HGN16+0.61%) jumped to a 1-1/2 month high and European stocks also found support on an unexpected increase in the Eurozone Jun Markit manufacturing PMI to its fastest pace of expansion in 6 months. Asian stocks settled mixed: Japan +1.07%, Hong Kong +0.35%, China -0.47%, Taiwan -0.45%, Australia +0.18%, Singapore +0.28%, South Korea -0.18%, India +0.88%. The dollar index (DXY00 -0.54%) is down -0.60% at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.91% at a 2-week high. USD/JPY (^USDJPY) is up +1.34% at a 1-week high. Sep T-note prices (ZNU16 -0.31%) are down -13.5 ticks at a 2-week low. The Eurozone Jun Markit manufacturing PMI unexpectedly rose +1.1 to 52.6, stronger than expectations of -0.1 to 51.4 and the fastest pace of expansion in 6 months. U.S. STOCK PREVIEW Key U.S. news today includes: (1) today's Brexit vote in the UK, (2) weekly initial unemployment claims (expected -7,000 to 270,000, previous +13,000 to 277,000) and continuing claims (expected -13,000 to 2.144 million, previous +45,000 to 2.157 million), (3) May Chicago Fed national activity index (expected +0.01 to 0.11, Apr +0.65 to 0.10), (4) preliminary Jun Markit U.S. manufacturing PMI (expected +0.2 to 50.9, May -0.1 to 50.7), (5) May new home sales (expected -9.5% to 560,000, Apr +16.6% to 619,000), (6) May leading indicators (expected +0.1%, Apr +0.6%), (7) Jun Kansas City Fed manufacturing activity (expected unch at -5, May -1 to -5), (8) Dallas Fed President Robert Kaplan (non-voter) speaks at a Money Marketeers dinner un New York, and (9) USDA weekly Export Sales. There is 1 of the Russell 1000 companies that reports earnings today: Accenture (consensus $1.41). U.S. IPO's scheduled to price today: none. Equity conferences during the remainder of this week include: Citigroup Insurance Conference on Thu. OVERNIGHT U.S. STOCK MOVERS Herman Miller (MLHR -0.86%) climbed over 5% in after-hours trading after it reported Q4 adjusted EPS of 56 cents, higher than consensus of 52 cents, and said it sees Q1 adjusted EPS of 60 cents-64 cents, above consensus of 60 cents. Amazon.com (AMZN -0.73%) was rated a new 'Buy' at Maxim Group with a 12-month price target of $825. Home Depot (HD -0.11%) was upgraded to 'Buy' from 'Neutral' at Nomura with a price target of $155. Intuit (INTU -1.34%) was added to America's 'COnviction Buy List' at Goldman Sachs. CACI International (CACI -0.57%) said it sees fiscal 2017 EPS of $6.02-$6.43, below consensus of $6.50. Steelcase (SCS -0.87%) slid 4% in after-hours trading after it said it sees Q2 adjusted EPS of 29 cents-33 cents, below consensus of 37 cents. Apogee Enterprises (APOG -4.22%) jumped over 9% in after-hours trading after it reported Q1 EPS of 61 cents, well above consensus of 49 cents, and then raised guidance on fiscal 2017 EPS to $2.70-$2.85 from an April 6 view of $2.65-$2.80. Bed Bath & Beyond (BBBY -0.35%) fell nearly 6% in after-hours trading after it reported Q1 EPS of 80 cents, below consensus of 86 cents. Red Hat (RHT -0.80%) dropped over 5% in after-hours trading after it lowered guidance on fiscal 2017 adjusted EPS to $2.19-$2.23 from a March 22 view of $2.22-$2.26. H.B. Fuller (FUL -0.45%) reported Q2 adjusted EPS of 67 cents, weaker than consensus of 68 cents. CubeSmart (CUBE +0.57%) was rated a new 'Outperform' at FBR Capital Markets with a 12-month price target of $35. The U.S. Department of Defense said Harris Corp. (HRS -0.13%) won a $1.7 billion army contract for radios, ancillaries, spare parts and services for Afghanistan. Weyerhaeuser (WY +0.14%) said it will close 2 of its 3 lumber and plywood mills in Columbia Falls, Montana this summer and approximately 100 positions will be eliminated. SolarCity (SCTY +3.26%) fell over 2% in after-hours trading after Citron Research founder Andrew Left said that SolarCity "is not even technology. It's a subprime lender" and that he sees the stock price going to zero. MARKET COMMENTS September E-mini S&Ps (ESU16 +0.99%) this morning are up sharply by +20.50 points (+0.99%) at a 1-1/2 week high. Wednesday's closes: S&P 500-0.17%, Dow Jones -0.27%, Nasdaq -0.20%. The S&P 500 on Wednesday closed lower on the IMF's cut in its U.S. 2016 GDP estimate to 2.2% from 2.4% and on long liquidation pressure ahead of Thursday's UK Brexit vote. Stocks found support on the +1.8% increase in U.S. May existing home sales to a 9-1/4 year high of 5.53 million. Sep 10-year T-note prices (ZNU16 -0.31%) this morning are down -13.5 ticks at a 2-week low. Wednesday's closes: TYU6 +3.00, FVU6 +2.25. Sep T-notes on Wednesday closed higher on economic concerns after the IMF cut its U.S. 2016 GDP forecast and on decent demand for the Treasury's $28 billion 7-year T-note auction that had a 2.56 bid-to-cover ratio, above the 12-auction average of 2.49. The dollar index (DXY00 -0.54%) this morning is down -0.565 (-0.60%) at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.0103 (+0.91%) at a 2-week high. USD/JPY (^USDJPY) is up +1.40 (+1.34%) at a 1-week high. Wednesday's closes: Dollar Index -0.301 (-0.32%), EUR/USD +0.0054 (+0.48%), USD/JPY -0.34 (-0.32%). The dollar index on Wednesday closed lower on strength in GBP/USD as Brexit concerns eased on optimism the UK will vote Thursday to remain in the European Union. The dollar was also undercut by cautious comments from Fed Chair Yellen that signal the Fed may be slow to raise interest rates when she said the "headwinds" of weak productivity growth and tepid business investment may only slowly fade over time. Aug WTI crude oil (CLQ16 +1.47%) this morning is up +64 cents (+1.30%). Aug gasoline (RBQ16 +0.88%) is up +0.0087 (+0.55%). Wednesday's closes: CLQ6 -0.72 (-1.44%), RBQ6 -0.0086 (-0.54%). Aug crude and gasoline on Wednesday both fell back from 1-week highs and closed lower. Crude oil prices were undercut by the -917,000 bbl decline in EIA crude inventories (less than expectations of -1.5 million bbl) and the unexpected +627,000 bbl increase in EIA gasoline inventories, more than expectations of -1.0 million bbl. Crude oil found support on a weaker dollar and the -0.4%decline in U.S. crude production in the week ended Jun 17 to a 1-3/4 year low of 8.677 million bpd. GLOBAL EVENT CALENDAR06/23/2016 Thursday, June 23, 2016 UK n/a UK Brexit referendum. UK polls are open from 7 AM to 10 PM local time (2 AM to 5 PM ET); first results expected at around midnight local time (7 PM ET) and final results are expected by about 7:00 AM local time on Friday (2 AM ET Friday). US 0830 ET Weekly initial unemployment claims expected -7,000 to 270,000, previous +13,000 to 277,000. Weekly continuing claims expected-7,000 to 2.150 million, previous +45,000 to 2.157 million. 0830 ET May Chicago Fed national activity index expected +0.01 to 0.11, Apr +0.65 to 0.10. 0830 ET USDA weekly Export Sales. 0945 ET Preliminary Jun Markit U.S. manufacturing PMI expected +0.2 to 50.9, May -0.1 to 50.7. 1000 ET May new home sales expected -9.5% to 560,000, Apr +16.6% to 619,000. 1000 ET May leading indicators expected +0.1%, Apr +0.6%. 1100 ET Jun Kansas City Fed manufacturing activity expected unch at -5, May -1 to -5. 1900 ET Dallas Fed President Robert Kaplan (non-voter) speaks at a Money Marketeers dinner un New York. Friday, June 24, 2016 US 0830 ET May durable goods orders expected -0.5% and +0.1% ex transportation, Apr +3.4% and +0.5% ex transportation. May capital goods orders nondefense ex-aircraft expected +0.4%, Apr -0.6%. 1000 ET Final-June University of Michigan U.S. consumer sentiment index expected -0.2 to 94.1, prelim-Jun -0.4 to 94.3. 1500 ET USDA Q2 Hogs & Pigs Inventory. 1500 ET USDA May Cold Storage. 1500 ET USDA May Cattle on Feed. GER 0400 ET German Jun IFO business climate expected -0.3 to 107.4, May +1.0 to 107.7. Jun IFO current assessment expected -0.2 to 114.0, May 114.2. Jun IFO expectations expected -0.4 to 101.2, May 101.6. U.S. STOCK CALENDAR06/23/2016 Company Ticker Time Event Description Period Estimate Accenture PLC ACN US Bef-mkt Q3 2016 Earnings Release Q3 2016 1.412 XL Group PLC XL US 5:15 Extraordinary Shareholders Meeting Y 2016 Accenture PLC ACN US 8:00 Q3 2016 Earnings Call Q3 2016 TransDigm Group Inc TDG US 9:00 Analyst Day Y 2016 Equinix Inc EQIX US 10:00 Analyst Day Y 2016 General Electric Co GE US 11:00 Investor Meeting - Digital Y 2016 Kroger Co/The KR US 11:00 Annual General Meeting Y 2016 SLM Corp SLM US 11:00 Annual General Meeting Y 2016 General Motors Co GM US 11:00 Business Update Call Southwest Airlines Co LUV US 12:00 Investor Day Y 2016 Square Inc SQ US 14:00 Annual General Meeting Cisco Systems Inc CSCO US 17:00 ITC Final Decision Due in 1st Cisco Systems vs. Arista Networks Patent Case Skechers U.S.A. Inc SKX US 17:00 ITC Final Decision Due in Skechers / New Balance vs. Converse Arista Networks Inc ANET US 17:00 ITC Final Decision Due in 1st Cisco Systems vs. Arista Networks Patent Case Citrix Systems Inc CTXS US 19:00 Annual General Meeting Y 2016 XL Group PLC XL US Special Meeting TripAdvisor Inc TRIP US Annual General Meeting

Connecticut Water Service

Connecticut Water Service (CTWS) is the Barchart Chart of the Day.  The Water supply company has a Trend Spotter buy signal, a Weighted Alpha of 59.35+, gained 55.55% in the last year and paid a 2.16% dividend.

The Chart of the Day belongs to Connecticut Water Service (CWTS).  I found the water supply 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.  Next I used the Flipchart feature to review the charts for consistency.

Connecticut Water Service, Inc., is a non-operating holding company whose income comes solely from its subsidiaries. The core business is water service to people throughout towns in Connecticut and Massachusetts.

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

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 12.25% in the last month
• Relative Strength Index 63.82%
• Technical support level at 51.40
• Recently traded at 52.59 with a 50 day moving average of 48.69

Fundamental factors:

• Market Cap $589.53 million
• P/E 25.70
• Dividend yield 2.16%
• Revenue expected to grow 4.20% this year and another 7.70% next year
• Earnings estimated to be down .50% this year but increase again by 12.80% next year and continue to compound at an annual rate of 5.00% for the next 5 years
• Wall Street analysts have 2 hold reports in place.

Orchids Paper Products - Chart of the Day

Orchids Paper Products (TIS) is the Barchart Chart of the Day  The tissue products company has a Trend Spotter buy signal, a Weighted Alpha of 42.90+ gained 42.31% in the last year and paid a 4.12% dividend.

The Chart of the Day belongs to Orchids Paper Products (TIS).  I found the tissue products stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the lats month, then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to review the charts for consistency.

Orchids Paper Products Company is a tissue paper company that manufacturers and converts tissue product for the private label consumer market.

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
• 16 new highs and up 10.99% in the last month
• Relative Strength Index 63.57%
• Technical support level at 33.40
• Recently traded at 34.17 with a 50 day moving average of 31.41

Fundamental factors:

• Market Cap $351.27 million
• P/E 20.08
• Dividend yield 4.12%
• Revenue expected to grow 15.50% this year and another 16.70% next year
• Earnings estimated to increase 19.60% this year, an additional 32.10% next year and continue to compound at an annual rate of 10.00% for the next 5 years
• Wall Street analysts issued 2 strong buy and 2 buy recommendations on the stock

5 Small Caps for Momentum Investors

Today I used Barchart to sort the S&P 600 Small Cap Index stocks to find the 5 with the best current momentum.  First I sorted for the most frequent new highs in the last month, then again for technical buy signals of 80% or better.  Next I used the Flipchart feature to review the charts for consistency.  Today's Watch list includes:

California Water Service Group (CWT), Innophos Holdings (IPHS), Allete (ALE), SouthWest Gas (SWX) and Five Below (FIVE)

California Water Service Group (CWT)

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 13.15% in the last month
• Relative Strength Index 72.04%
• Technical support level at 31.48
• Recently traded at 31.93 with a 50 day moving average of 28.98

Innophos Holdings (IPHS)

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 12.74% in the last month
• Relative Strength Index 72.41%
• Technical support level at 40.80
• Recently traded at 41.60 with a 50 day  moving average of 37.65

Allete (ALE)

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 12.14% in the last month
• Relative Strength Index 72.42%
• Technical support level at 60.40
• Recently traded at 61.79 with a 50 day moving average of 57.30

SouthWest Gas (SWX)

Barchart technical indicators:\

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 9.88% in the last month
• Relative Strength Index 72.83%
• Technical support level at 73.22
• Recently traded at 74.76 with a 50 day moving average of 68.53

Five Below (FIVE)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 19.62% in the last month
• Relative Strength Index 68.05%
• Technical support level at 45.55
• Recently traded at 45.97 with a 50 day moving average of 41.37

MORNING CALL 6/21

MORNING CALL

Tuesday, June 21st, 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

Sep E-mini S&Ps (ESU16 +0.47%) are up +0.48% and European stocks are up +0.83% at a 1-week high ahead of this morning's testimony to the Senate Banking Committee by Fed Chair Yellen and by a speech to the European Parliament by ECB President Draghi. European stocks also received a boost from an unexpected jump in the German Jun ZEW survey expectations of economic growth to a 10-month high. The British pound climbed to a 5-1/2 month high against the dollar as polls show the UK campaign to remain in the European Union are gaining ground before Thursday's referendum. Asian stocks settled mixed: Japan +1.28%, Hong Kong +0.77%, China -0.35%, Taiwan +0.68%, Australia +0.33%, Singapore -0.41%, South Korea +0.07%, India -0.20%. Japan's Nikkei Stock Index moved up to a 1-week high as exporters rallied after USD/JPY strengthened.

The dollar index (DXY00 +0.02%) is down -0.05% at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.01%. USD/JPY (^USDJPY) is up +0.67%.

Sep T-note prices (ZNU16 -0.12%) are down -3 ticks.

The German Jun ZEW survey expectations of economic growth unexpectedly rose +12.8 to 19.2, stronger than expectations of -1.6 to 4.8 and the highest in 10 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Fed Chair Janet Yellen testifies on monetary policy to the Senate Banking Committee, and (2) the Treasury's auction of $34 billion of 5-year T-notes.

There are 5 of the Russell 1000 companies that report earnings today: FedEx (consensus $3.28), Lennar (0.87), CarMax (0.92), Adobe (0.68), Carnival (0.39).

U.S. IPO's scheduled to price today: Selecta Biosciences (SELB), Tactile Systems Technology (TCMD)

Equity conferences this week include: Questex Sensors Expo & Conference on Tue, Real Estate Investment World Asia 2016 on Tue, Wells Fargo Convergence & Connectivity Symposium on Tue, Jefferies Consumer Conference on Tue-Wed, Wells Fargo West Coast Energy Conference on Tue-Wed, Panagora Pharma - Mobile Pharma Summit on Tue-Wed, Bernstein Global Future of Media & Telecommunications Summit on Wed, Oppenheimer Global Consumer Conference on Wed, Citigroup Insurance Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Signature Bank/New York (SBNY +0.95%) was upgraded to 'Strong Buy' from 'Outperform' at Raymond James with a 12-month price target of $162.

Abbott Laboratories (ABT +0.96%) was upgraded to 'Buy' from 'Hold' at Edward Jones.

Imperva (IMPV +0.27%) rallied over 9% in after-hours trading after Elliott Associates disclosed a 9.8% stake in Imperva and said it began a dialogue with management and board regarding strategic and operational opportunities.

Knight Transportation (KNX +3.53%) was downgraded to 'Neutral' from 'Buy' at Bank of America/Merrill Lynch.

Prologis (PLD +0.06%) was downgraded to 'Hold' from 'Buy' at Deutsche Bank.

Kirby Corp. (KEX +0.90%) was downgraded to 'Neutral' from 'Outperform' at Credit Suisse.

CNOOC Ltd. (CEO +2.55%) was upgraded to 'Buy' from 'Neutral' at UBS.

Paratek Pharmaceuticals (PRTK -2.59%) slid over 2% in after-hours trading after it proposed an offering of 3.75 million shares of common stock.

Sunrun (RUN +2.66%) gained over 1% in after-hours trading after it was rated a new 'Outperform' at Oppenheimer,

American Superconductor (AMSC +1.21%) was rated a new 'Outperform' at Oppenheimer with an 18-month price target of $12.

Opko Health (OPK +1.55%) rose nearly 4% in after-hours trading after a FDA approved-drugs website indicated approval for Opko's Rayaldee drug came on June 17.

Werner (WERN +1.36%) dropped over 9% in after-hours trading after it warned that Q2 EPS may be only 21 cents-35 cents, below consensus of 40 cents, due to "sluggish" freight market conditions, driver pay and contractor cost increases.

Scynexis (SCYX +6.85%) tumbled over 11% in after-hours trading after it announced it will launch a public offering of common stock and warrants.

MARKET COMMENTS

September E-mini S&Ps (ESU16 +0.47%) this morning are up +10.00 points (+0.48%). Monday's closes: S&P 500 +0.58%, Dow Jones +0.73%, Nasdaq +0.59%. The S&P 500 on Monday rallied to a 1-week high and closed higher on carryover support from a sharp rally in European stocks as Brexit concerns eased after the latest polls showed that Britons will vote to remain in the European Union at Thursday's referendum. Stocks were also boosted by strength in mining stocks and energy producers after copper rallied +2.1% and the price of crude oil climbed 2.9% to a 1-week high.

Sep 10-year T-note prices (ZNU16 -0.12%) this morning are down -3 ticks. Monday's closes: TYU6 -1300, FVU6 -6.25. Sep T-notes gapped lower Monday to a 1-week low and closed lower on reduced safe-haven demand for T-notes as stocks rallied sharply as the latest polls showed Britons favored remaining in the EU. T-notes were also undercut by slack demand for the Treasury's $26 billion 2-year T-note auction that had a 2.72 bid-to-cover ratio, below the 12-auction average of 3.01.

The dollar index (DXY00 +0.02%) this morning is down -0.046 (-0.05%) at a 1-1/2 month low. EUR/USD (^EURUSD) is up +0.0001 (+0.01%). USD/JPY (^USDJPY) is up +0.70 (+0.67%). Monday's closes: Dollar Index -0.595 (-0.63%), EUR/USD +0.0037 (+0.33%), USD/JPY -0.22 (-0.21%). The dollar index on Monday fell to a 1-week low and closed lower on an easing of Brexit concerns, which lifted EUR/USD to a 1-week high and GBP/USD to a 2-1/2 week high. The dollar index was also undercut by cautiousness ahead of Tuesday's testimony by Fed Chair Yellen to the Senate Banking Committee on monetary policy.

July WTI crude oil (CLN16 -1.13%) this morning is down -54 cents (-1.09%). July gasoline (RBN16 -1.60%) is down -0.0227 (-1.43%). Monday's closes: CLN6 +1.39 (+2.90%), RBN6 +0.0774 (+5.14%). Jul crude oil and gasoline on Monday rallied to 1-week highs and closed higher. Crude oil prices were boosted by the fall in the dollar index to a 1-week low and a report by the Joint Organizations Data Initiative saying that Saudi Arabian Apr crude exports fell to a 6-month low of 7.44 million bpd.

GLOBAL EVENT CALENDAR06/21/2016

		Tuesday, June 21, 2016
US	1000 ET	Fed Chair Janet Yellen testifies on monetary policy to the Senate Banking Committee.
	1300 ET	Treasury auctions $34 billion of 5-year T-notes.
		Wednesday, June 22, 2016
US	0700 ET	Weekly MBA mortgage applications, previous -2.4% with purchase sub-index -4.9% and refi sub-index -0.7%.
	0900 ET	Apr FHFA house price index expected +0.6%, Mar +0.7% m/m.
	1000 ET	Fed Chair Janet Yellen testifies on monetary policy to the House Financial Services Committee.
	1000 ET	May existing home sales expected +1.8% to 5.55 million, Apr +1.7% m/m to 5.45 million.
	1030 ET	EIA Weekly Petroleum Status Report.
	1130 ET	Treasury auctions $13 billion of 2-year floating rate notes.
	1230 ET	Treasury auctions $28 billion of 7-year T-notes.
	1300 ET	Treasury auctions $5 billion of 30-year TIPS.
EUR	1000 ET	Eurozone Jun consumer confidence expected unch at -7.0, May +2.3 to -7.0.
JPN	2200 ET	Japan Jun Nikkei manufacturing PMI, May -0.5 to 47.7.

U.S. STOCK CALENDAR06/21/2016

Company	Ticker	Time	Event Description	Period	Estimate
QIAGEN NV	QGEN US	4:30	Annual General Meeting	Y 2016
Lennar Corp	LEN US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.872
CarMax Inc	KMX US	7:00	Q1 2017 Earnings Release	Q1 2017	0.923
CarMax Inc	KMX US	9:00	Q1 2017 Earnings Call	C1 2017
CarMax Inc	KMX US	9:00	Q1 2017 Earnings Call	Q1 2017
Nielsen Holdings PLC	NLSN US	9:00	Annual General Meeting	Y 2015
Ingram Micro Inc	IM US	10:00	Special Meeting - M&A Vote
United Continental Holdings Inc	UAL US	10:00	Business Update Call
Lennar Corp	LEN US	11:00	Q2 2016 Earnings Call	Q2 2016
Varian Medical Systems Inc	VAR US	12:00	Investor Day	Y 2016
NetSuite Inc	N US	12:00	Annual General Meeting
FedEx Corp	FDX US	16:15	Q4 2016 Earnings Release	Q4 2016	3.282
FedEx Corp	FDX US	17:00	Q4 2016 Earnings Call	Q4 2016
Adobe Systems Inc	ADBE US	17:00	Q2 2016 Earnings Call	Q2 2016
Adobe Systems Inc	ADBE US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	0.68
Carnival Corp	CCL US		Q2 2016 Earnings Release	Q2 2016	0.386
United Therapeutics Corp	UTHR US		Annual General Meeting
GameStop Corp	GME US		Annual General Meeting
Agios Pharmaceuticals Inc	AGIO US		Annual General Meeting

Southwest Gas - Chart of the Day

SouthWest Gas (SWX) is the Barchart Chart of the Day.  The gas utility has a Trend Spotter buy signals, a Weighted Alpha of 43.50+. gained 36.76% in the last year and paid a 2.41% dividend.

The Chart of the Day belongs to SouthWest Gas (SWX).  I found the gas utility stock by using Barchart to sort today's All Time High list first for the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more.  Next I reviewed the charts for consistency using the Flipchart feature.

SouthWest Gas is principally engaged in the business of purchasing,transporting, and distributing natural gas in portions of Arizona, Nevada,and California. The Company also engaged in financial services activities,through PriMerit Bank, Federal Savings Bank (PriMerit or the Bank), a wholly owned subsidiary.

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

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 9.42% in the last year
• Relative Strength Index 70.06%
• Technical support level at 73.12
• Recenlty traded at 74.45 with a 50 day moving average of 68.53

Fundamental factors:

• Market Cap $3.53 billion
• P/E 25.25
• Dividend yield 2.41%
• Revenue expected to grow 2.30% for this year and another 3.90% next year
• Earnings estimated to increase 7.70% this year, an additional 7.50% next yer and continue to compound at an annual rate of 4.00% for the next 5 years
• Wall Street analysts issued 2 strong buy, 1 buy and 5 hold recommendations on the stock

5 Mid Cap for Momentum Investors

Today I wanted to find 5 Mid Cap stocks with great upside momentum.  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 technical buy signals of 80% or more.  Next I used the Flipchart feature to review the charts to see if they were trading above their 20, 50 and 100 day moving averages.  Today's Watch List includes:

Tanger Factory Outlet Centers (SKT), Tech Data (TECD), DCT Industrial Trust (DCT), Healthcare Realty Trust (HR) and Aqua America (WTR)

Tanger Factory Outlet Trust (SKT)

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 7.84% in the last month
• Relative Strength Index 69.92%
• Technical support level at 37.11
• Recently traded at 37.90 with a 50 day moving vaerage of 36.00

Tech Data (TECD)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 15 new highs and up 24.12% in the last month
• Relative Strength Index 69.97%
• Technical support level at 79.28
• Recently traded at 81.76 with a 50 day moving average of 71.56

DCT Industrial Trust (DCT)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 9.59% in the last month
• Relative Strength Index 76.95%
• Technical support level at 44.93
• Recently traded at 46.05 with a 50 day moving average of 42.31

Healthcare Realty Trust (HR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 11.21% in the last month
• Relative Strength Index 74.33%
• Technical support level at 33.13
• Recently traded at 33.81 with a 50 day moving average of 31.50

Aqua America (WTR)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 7.44% in the last month
• Relative Strength Index 63.29%
• Technical support level at 33.38
• Recently traded at 33.50 with a 50 day moving average of 32.40