Saul Centers - Chart of the Day

Saul Centers (BFS) is the Barchart Chart of the Day.  The shopping center REIT has a Trend Spotter buy signal, a Weighted Alpha of 40.30+ and gained 35.80% over the last 6 months.

The Chart of the Day is Saul Centers (BFS).  I found the shopping center REIT 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.  Since the Trend Spotter signaled a buy on 6/28 the stock gained 12.88%.

Saul Centers, Inc. is a real estate investment trust which is engaged in the management and development of the shopping center business of the Saul Organization.

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
• 13 new highs and up 16.20% in the last month
• Relative Strength index 81.16%
• Technical support level at 65.48
• Recently traded at 67.22 with a 50 day moving average of 59.60

Fundamental factors:

• Market Cap $1.4 billion
• Dividend yield 2.83%
• Revenue expected to grow 6.60% this year and another 4.60% next year
• Earnings estimated to increase 7.10% this year, an additional 4.10% next year and increase at an annual rate of 4.00% for the next 5 years
• Wall Street analysts issued 1 strong buy and 1 hold recommendation on the stock

Cambrex - Chart of the Day

Cambrex (CBM) is the Barchart Chart of the Day.  The pharma prep company has a Trend Spotter buy signal, a Weighted Alpha of 35.10+ and gained 57.11% in the last 6 months.

The Chart of the Day belongs to Cambrex (CBM). I found the pharmaceutical preparations stock by using Barchart to sort today 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.  I always use the Flipchart feature to review the charts for consistency.  Since the Trend Spotter signaled a buy on 6/30 the stock gained 13.76%.

Cambrex Corporation manufactures and markets a broad line of specialty chemicals and commodity chemical intermediates and also manufactures chemicals to customer specifications. There are five product categories: pharmaceutical bulk actives; pharmaceutical intermediates; organic intermediates; performance enhancers; and polymer systems.

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 2, 50 and 100 day moving averages
• 14 new highs and up 22.86% in the last month
• Relative Strength Index 76.95%
• Technical support level at 57.61
• Recently traded at 58.85 with a 50 day moving average of 51.17

Fundamental factors:

• Market Cap $1.88 billion
• P/E 29.38
• Revenue expected to grow 9.70% this year and another 10.60% next year
• Earnings estimated to increase 9.90% this year, an additional 13.30% 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 1 hold recommendation on the stock

MORNING CALL 7/21

MORNING CALL

Thursday, July 21st, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Sep E-mini S&Ps (ESU16 -0.08%) are down -0.06% and European stocks are down -0.16% ahead of the results of today's ECB meeting and press conference from ECB President Draghi. The markets are not expecting any action from the ECB today, but will scour comments from Draghi as to if and when the ECB may boost easing measures. Global stocks took a hit after BOJ Governor Kuroda in a BBC Radio 4 program broadcast dismissed the use on helicopter money as stimulus. Losses were limited on increased M&A activity as Joy Global jumped 20% in pre-market trading after it was acquired by Komatsu for $2.89 billion and Relypsa surged over 50% in pre-market trading after being acquired by Galencia for $1.53 billion. Asian stocks settled mixed: Japan +0.77%, Hong Kong +0.54%, China +0.37%, Taiwan +0.54%, Australia +0.43%, Singapore -0.18%, South Korea -0.09%, India -0.74%. Japan's Nikkei Stock Index had rallied to a 1-1/2 month high after USD/JPY climbed to a 1-1/2 month high and lifted exporter stocks along with increased M&A activity after Japan's Komatsu agreed to buy Joy Global, the world's largest maker of underground mining equipment, for $2.89 billion.

The dollar index (DXY00 -0.16%) is down -0.18%. EUR/USD (^EURUSD) is up +0.04%. USD/JPY (^USDJPY) is down -0.52%.

Sep T-note prices (ZNU16 -0.05%) are down -4.5 ticks.

USD/JPY fell back from a 1-1/2 month high and turned lower after BOJ Governor Kuroda in a BBC Radio 4 program broadcast said there was "no need and no possibility of easing monetary policy via helicopter money," where the central bank directly finances government spending. Kuroda said "at this moment, the BOJ has three options with quantitative and qualitative easing with negative interest rates.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly initial unemployment claims (expected +11,000 to 265,000, previous unch at 254,000) and continuing claims (expected -9,000 to 2.140 million, previous +32,000 to 2.149 million), (2) Jul Philadelphia Fed business outlook survey (expected +0.1 to 4.8, Jun +6.5 to 4.7), (3) Jun Chicago Fed national activity index (expected +0.31 to -0.20, May -0.56 to -0.51), (4) May FHFA house price index (expected +0.4% m/m, Apr +0.2% m/m), (5) Jun existing home sales (expected -0.9% to 5.48 million, May +1.8% to 5.53 million), (6) Jun leading indicators (expected +0.2%, May-0.2%), (7) Treasury auctions $13 billion of 10-year TIPS, and (8) USDA weekly Export Sales.

There are 34 of the S&P 500 companies that report earnings today with notable reports including: Visa (consensus $0.67), Starbucks (0.49), AT&T (0.72), Capital One (1.87), General Motors (1.52), PulteGroup (0.32).

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

Equity conferences this week include: none.

OVERNIGHT U.S. STOCK MOVERS

Intel (INTC +1.54%) lost 3% in pre-market trading after it reported Q2 adjusted EPS of 59 cents, higher than consensus of 54 cents, but said it remains cautious on the PC market and forecasts a high-single-digit PC market contraction in 2016.

Qualcomm (QCOM +1.23%) jumped nearly 7% in after-hours trading after it reported Q3 adjusted EPS of $1.16, well above consensus of 97 cents.

eBay (EBAY +1.85%) rallied nearly 6% in after-hours trading after it reported Q2 adjusted EPS continuing operations of 43 cents, higher than consensus of 42 cents and then added $2.5 billion to its stock buyback plan.

Relypsa (RLYP +1.31%) surged over 50% in pre-market trading after Galencia agreed to buy it for $1.53 billion or $32 a share.

Mattel (MAT +1.42%) rose nearly 4% in after-hours trading after it reported a Q2 adjusted EPS loss of -2 cents, a smaller loss than consensus of -5 cents

Joy Global (JOY +1.07%) jumped 20% in pre-market trading after Komatsu Ltd. agreed to buy the company for $2.89 billion or $28.30 a share.

United Rentals (URI +2.84%) jumped 9% in after-hours trading after it reported Q2 adjusted EPS of $2.06, well above consensus of $1.82.

F5 Networks (FFIV +0.72%) climbed 3% in after-hours trading after it reported Q3 adjusted EPS of $1.81, above consensus of $1.79, and said it sees Q4 adjusted EPS of $1.92-$1.95, stronger than consensus of $1.92.

Kinder Morgan Inc/DE (KMI +0.68%) slid over 1% in after-hours trading after it reported Q2 revenue of $3.14 billion, below consensus of $3.41 billion.

Trueblue (TBI +1.23%) gained almost 5% in after-hours trading after it reported Q2 adjusted EPS of 51 cents, better than consensus of 43 cents, and said it sees Q3 adjusted EPS of 73 cents-78 cents, higher than consensus of 67 cents.

IMAX Corp. (IMAX -0.17%) gained over 4% in after-hours trading after it reported Q2 adjusted EPS of 18 cents, higher than consensus of 17 cents, and raised its 2016 installation view to 155 theaters from a prior estimate of 135-140 theaters

PTC Inc. (PTC +1.33%) climbed nearly 4% in after-hours trading after it reported Q3 adjusted revenue of $289.7 million, above consensus of $288 million.

Tractor Supply (TSCO +0.16%) slipped 2% in after-hours trading after it reported Q2 EPS of $1.16 and Q2 revenue of $1.85 billion, both right on expectations.

Newmont Mining (NEM -5.07%) rose over 2% in after-hours trading after it reported Q2 sales of $2.04 billion, stronger than consensus of $1.91 billion.

MARKET COMMENTS

Sep E-mini S&Ps (ESU16 -0.08%) this morning are down -1.25 points (-0.06%). Wednesday's closes: S&P 500 +0.43%, Dow Jones +0.19%, Nasdaq +1.17%. The S&P 500 on Wednesday rallied to a new record high and closed higher on a positive start to quarterly company earnings season as 78% of the S&P 500 companies that have reported earnings results thus far have exceeded expectations. Stocks were also boosted by strength in technology stocks as bellwether Microsoft soared +7% after beating quarterly profit estimates. Stock market anxiety also faded as the VIX volatility index fell to a 1-3/4 year low.

Sep 10-year T-note prices (ZNU16 -0.05%) this morning are down -4.5 ticks. Wednesday's closes: TYU6 -8.00, FVU6 -4.75. Sep T-notes on Wednesday closed lower on the reduced safe-haven demand with the rally in the S&P 500 to an all-time high and on carryover weakness from a slide in German bund prices.

The dollar index (DXY00 -0.16%) this morning is down -0.175 (-0.18%). EUR/USD (^EURUSD) is up +0.0004 (+0.04%) and USD/JPY (^USDJPY) is down-0.56 (-0.52%). Wednesday's closes: Dollar index +0.138 (+0.14%), EUR/USD -0.0006 (-0.05%), USD/JPY +0.77 (+0.73%). The dollar index on Wednesday rallied to a 4-1/4 month high and closed higher on optimism about the U.S economic outlook after the S&P 500 climbed to a record high. In addition, USD/JPY rose to a 3-week high as the rally in stocks reduced the safe-haven demand for the yen.

Sep WTI crude oil prices (CLU16 -0.37%) this morning are up +9 cents (+0.20%) and Sep gasoline prices (RBU16 +0.15%) are up +0.0122 (+0.89%). Wednesday's closes: CLU6 +0.21 (+0.46%), RBU6 -0.0143 (-1.03%). Sep crude oil and gasoline on Wednesday settled mixed. Sep crude oil recovered from a 2-1/4 month low and closed higher after weekly EIA crude inventories fell -2.34 million bbl, a bigger decline than expectations of -2.0 million bbl. Crude oil and gasoline were undercut by the rally in the dollar index to a 4-1/4 month high and by the unexpected increase in EIA gasoline inventories by +911,000 bbl (vs expectations of -500,000 bbl).

GLOBAL EVENT CALENDAR07/21/2016

		Thursday, July 21
US	0830 ET	Weekly initial unemployment claims expected +11,000 to 265,000, previous unch at 254,000. Weekly continuing claims expected -9,000 to 2.140 million, previous +32,000 to 2.149 million.
	0830 ET	Jul Philadelphia Fed business outlook survey expected +0.1 to 4.8, Jun +6.5 to 4.7.
	0830 ET	Jun Chicago Fed national activity index expected +0.31 to -0.20, May -0.56 to -0.51.
	0830 ET	USDA weekly Export Sales.
	0900 ET	May FHFA house price index expected +0.4% m/m, Apr +0.2% m/m.
	1000 ET	Jun existing home sales expected -0.9% to 5.48 million, May +1.8% to 5.53 million.
	1000 ET	Jun leading indicators expected +0.2%, May -0.2%,
	1100 ET	Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $13 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Jul 25-28.
	1300 ET	Treasury auctions 10-year TIPS.
EUR	0745 ET	ECB announces interest rate decision.
	0830 ET	ECB President Mario Draghi delivers press conference following ECB meeting.
		Friday, July 22
US	0945 ET	Preliminary-Jul Markit U.S. manufacturing PMI expected +0.2 to 51.5, Jun +0.6 to 51.3.
	1500 ET	USDA Jun Cold Storage.
	1500 ET	USDA Jun Cattle on Feed.
	n/a	G-20 finance ministers and central bank governor deputies meet in Chengdu, China (Jul 22-24).
GER	0330 ET	German Jul Markit/BME manufacturing PMI expected -1.1 to 53.4, Jun +2.4 to 54.5. Jul Markit services PMI expected -0.5 to 53.2, Jun -1.5to 53.7.
EUR	0400 ET	Eurozone Jul Markit manufacturing PMI expected -0.8 to 52.0, Jun +1.3 to 52.8. Jul composite PMI expected -0.6 to 52.5, Jun unch at 53.1.
UK	0430 ET	UK Jul Markit manufacturing PMI expected -3.4 to 48.7, Jun +1.7 to 52.1.
	0430 ET	UK Jul Markit/CIPS services PMI expected -3.5 to 48.8, Jun -1.2 to 52.3.

U.S. STOCK CALENDAR07/21/2016

Company	Ticker	Time	Event Description	Period	Estimate
Interpublic Group of Cos Inc/The	IPG US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.331
Johnson Controls Inc	JCI US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	1.031
Nucor Corp	NUE US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.697
PulteGroup Inc	PHM US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.321
PPG Industries Inc	PPG US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	1.855
Sherwin-Williams Co/The	SHW US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	4.158
Snap-on Inc	SNA US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	2.23
BB&T Corp	BBT US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.68
Southwest Airlines Co	LUV US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	1.207
Travelers Cos Inc/The	TRV US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	2.044
Union Pacific Corp	UNP US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	1.163
DR Horton Inc	DHI US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.656
Huntington Bancshares Inc/OH	HBAN US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	0.209
Quest Diagnostics Inc	DGX US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	1.317
Alliance Data Systems Corp	ADS US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	3.59
General Motors Co	GM US	Bef-mkt	Q2 2016 Earnings Release	Q2 2016	1.523
Bank of New York Mellon Corp/The	BK US	6:30	Q2 2016 Earnings Release	Q2 2016	0.751
Dover Corp	DOV US	7:00	Q2 2016 Earnings Release	Q2 2016	0.864
Citizens Financial Group Inc	CFG US	7:00	Q2 2016 Earnings Release	Q2 2016	0.435
Biogen Inc	BIIB US	7:15	Q2 2016 Earnings Release	Q2 2016	4.685
Alaska Air Group Inc	ALK US	8:00	Q2 2016 Earnings Release	Q2 2016	2.095
Bank of New York Mellon Corp/The	BK US	8:00	Q2 2016 Earnings Call	Q2 2016
BB&T Corp	BBT US	8:00	Q2 2016 Earnings Call	Q2 2016
Interpublic Group of Cos Inc/The	IPG US	8:30	Q2 2016 Earnings Call	Q2 2016
PulteGroup Inc	PHM US	8:30	Q2 2016 Earnings Call	Q2 2016
Biogen Inc	BIIB US	8:30	Q2 2016 Earnings Call	Q2 2016
Quest Diagnostics Inc	DGX US	8:30	Q2 2016 Earnings Call	Q2 2016
Citizens Financial Group Inc	CFG US	8:30	Q2 2016 Earnings Call	Q2 2016
Alliance Data Systems Corp	ADS US	8:30	Q2 2016 Earnings Call	Q2 2016
Union Pacific Corp	UNP US	8:45	Q2 2016 Earnings Call	Q2 2016
Travelers Cos Inc/The	TRV US	9:00	Q2 2016 Earnings Call	Q2 2016
Huntington Bancshares Inc/OH	HBAN US	9:00	Q2 2016 Earnings Call	Q2 2016
FMC Technologies Inc	FTI US	9:00	Q2 2016 Earnings Call	Q2 2016
Dover Corp	DOV US	10:00	Q2 2016 Earnings Call	Q2 2016
Newmont Mining Corp	NEM US	10:00	Q2 2016 Earnings Call	Q2 2016
Snap-on Inc	SNA US	10:00	Q2 2016 Earnings Call	Q2 2016
DR Horton Inc	DHI US	10:00	Q3 2016 Earnings Call	Q3 2016
General Motors Co	GM US	10:00	Q2 2016 Earnings Call	Q2 2016
Johnson Controls Inc	JCI US	11:00	Q3 2016 Earnings Call	Q3 2016
Citigroup Inc	C US	11:00	Q2 2016 Earnings Call - Fixed Income Investor	C2 2016
Sherwin-Williams Co/The	SHW US	11:00	Q2 2016 Earnings Call	Q2 2016
United Rentals Inc	URI US	11:00	Q2 2016 Earnings Call	Q2 2016
Alaska Air Group Inc	ALK US	11:30	Q2 2016 Earnings Call	Q2 2016
Southwest Airlines Co	LUV US	12:30	Q2 2016 Earnings Call	Q2 2016
Nucor Corp	NUE US	14:00	Q2 2016 Earnings Call	Q2 2016
PPG Industries Inc	PPG US	14:00	Q2 2016 Earnings Call	Q2 2016
SL Green Realty Corp	SLG US	14:00	Q2 2016 Earnings Call	Q2 2016
AT&T Inc	T US	16:00	Q2 2016 Earnings Release	Q2 2016	0.717
PayPal Holdings Inc	PYPL US	16:00	Q2 2016 Earnings Release	Q2 2016	0.358
Capital One Financial Corp	COF US	16:05	Q2 2016 Earnings Release	Q2 2016	1.87
Visa Inc	V US	16:05	Q3 2016 Earnings Release	Q3 2016	0.667
Schlumberger Ltd	SLB US	16:10	Q2 2016 Earnings Release	Q2 2016	0.21
Chipotle Mexican Grill Inc	CMG US	16:10	Q2 2016 Earnings Release	Q2 2016	0.909
American Express Co	AXP US	16:30	Q2 2016 Earnings Call - Fixed Income	C2 2016
AT&T Inc	T US	16:30	Q2 2016 Earnings Call	Q2 2016
Stryker Corp	SYK US	16:30	Q2 2016 Earnings Call	Q2 2016
Chipotle Mexican Grill Inc	CMG US	16:30	Q2 2016 Earnings Call	Q2 2016
Skyworks Solutions Inc	SWKS US	17:00	Q3 2016 Earnings Call	Q3 2016
People's United Financial Inc	PBCT US	17:00	Q2 2016 Earnings Call	Q2 2016
Starbucks Corp	SBUX US	17:00	Q3 2016 Earnings Call	Q3 2016
Capital One Financial Corp	COF US	17:00	Q2 2016 Earnings Call	Q2 2016
E*TRADE Financial Corp	ETFC US	17:00	Q2 2016 Earnings Call	Q2 2016
Visa Inc	V US	17:00	Q3 2016 Earnings Call	Q3 2016
Southwestern Energy Co	SWN US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	-0.108
Stryker Corp	SYK US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	1.366
Skyworks Solutions Inc	SWKS US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	1.214
People's United Financial Inc	PBCT US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	0.22
Starbucks Corp	SBUX US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.487
E*TRADE Financial Corp	ETFC US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	0.379
Crown Castle International Corp	CCI US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	1.076
PayPal Holdings Inc	PYPL US	18:30	Q2 2016 Earnings Call	Q2 2016

/TRENDING STOCKS

Sym	Name	Last	Change	Percent	High	Low	Volume	Time	Links
RLYP	Relypsa Inc	31.95	+11.85	+58.96%	31.95	31.95	4,921,644	09:44
JOY	Joy Global Inc	27.80	+4.25	+18.05%	27.80	27.80	4,659,134	09:44
AZN	Astrazeneca Plc	30.48	-0.09	-0.29%	30.48	30.48	2,241,540	09:44
GM	General Motors Company	32.93	+1.44	+4.57%	32.93	32.93	2,193,679	09:44
FMSA	Fmsa Holdings Inc	6.28	+0.13	+2.11%	6.28	6.28	2,051,515	09:44
F	Ford Motor Company	13.99	+0.25	+1.82%	13.99	13.99	1,862,032	09:44
INTC	Intel Corp	34.58	-1.11	-3.11%	34.58	34.58	1,089,868	09:44
RDS.A	Royal Dutch Shell Plc	54.91	-0.25	-0.45%	54.91	54.91	1,082,771	09:42
ASML	Asml Hldg NY Reg	105.45	-2.71	-2.51%	105.45	105.45	694,349	09:39
BUD	Anheuser-Busch Inbev Sa	124.89	-1.33	-1.05%	124.89	124.89	432,570	09:44
MT	Arcelormittal	5.63	+0.20	+3.68%	5.63	5.63	401,800	09:40
QCOM	Qualcomm Inc	60.18	+4.36	+7.81%	60.18	60.18	348,770	09:44
NOK	Nokia Corp	5.86	+0.04	+0.69%	5.86	5.86	330,416	09:43
CHK	Chesapeake Energy Corp	4.94	+0.20	+4.22%	4.94	4.94	304,132	09:44
YHOO	Yahoo! Inc	39.38	+0.48	+1.23%	39.38	39.38	290,642	09:44
UL	Unilever Plc	46.88	-0.06	-0.13%	46.88	46.88	244,442	09:41
FCAU	Fiat Chrysler Automobiles N.V.	6.96	+0.09	+1.31%	6.96	6.96	173,414	09:37
MU	Micron Technology	13.46	-0.13	-0.96%	13.46	13.46	172,172	09:42
OPTT	Ocean Power Tech Inc	11.98	-1.94	-13.94%	11.98	11.98	163,459	09:43
RDS.B	Royal Dutch Shell	56.75	-0.29	-0.51%	56.75	56.75	162,937	09:44
BAC	Bank of America Corp	14.38	-0.02	-0.14%	14.38	14.38	141,042	09:43