Farmer Brothers - Chart of the Day

Farmer Brothers (FARM) is the Barchart Chart of the Day.  The coffee company has a Trend Spotter buy signal, a Weighted Alpha of 36.30+ and gained 35.35% in the last year.

The Chart of the Day belongs to Farmer Brothers (FARM).  I found the coffee stock by using Barchart to sort the Russell 3000 Index stocks 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 in 8/29 the stock gained 15.38%.

Farmer Bros. Co. is in the business of roasting, packaging and distributing coffee and allied products to restaurants, hotels, hospitals,convenience stores and fast food outlets. The company's primary raw material is green coffee. Green coffee is purchased through domestic commodity brokers. Coffee is an agricultural commodity, and is subject to fluctuations of both price and supply.

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
• 19 new highs and up 19.51% in the last month
• Relative Strength Index 82.78%
• Technical support level at 35.14
• Recently traded at 36.45 with a 50 day moving average of 31.98

Fundamental factors:

• Market Cap $611.27% million
• P/E 32.73
• Revenue expected to grow 3.80% this year and another 5.10% next year
• Earnings estimated to increase 17.90% this year, an additional 24.80% next year and continue to increase at an annual rate of 30.00% for the next 5 years
• Wall Street analysts issued 3 strong buy recommendations on the stock 

Assurant - Buy Signals

Today I added Assurant (AIZ) to the Barchart Van Meerten Special portfolio for positive price momentum.

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 3.39% in the last month
• Relative Strength index 57.88%
• Technical support level at 89.51
• Recently traded at 90.14 with a 50 day moving average of 87.17

Windstream - Buy Signals

Today I added Windstream Holding (WIN) to the Barchart Van Meerten New High portfolio for positive price momentum.

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 19.76% in the last month
• Relative Strength Index 75.56%
• Technical support level at 9.43
• Recently traded at 9.93  with a 50 day moving average of 9.01

Klondex Mines - Chart of the day

Klondex Mines (KLDX0 is te Barchart Cart of the Day.  The Nevada mining company has a Trend Spotter buy signal, a Weighted Alpha of 168.90+ and gained 142.15% in the last year.

The Chart of the Day is Klondex Mines (KLDX).  I found the Nevada mining stock by using Barchart to sort today's All Time High list first for the highest Weighted Alpha, then again for technical buy signals of 80% or better.  Since the Trend Spotter signaled a buy in 6/9 the stock gained 59.73%.

Klondex Mines Ltd.(KLDX) is focused on exploration, development and production of mineral properties. It primarily explores for gold and silver properties in Nevada. The company's project consists of Fire Creek Property and Midas mine and ore milling. Klondex Mines Ltd. is headquartered in Vancouver, Canada.

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

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 8.12% in the last month
• Relative Strength index 62.95%
• Technical support level at  5.37
• Recently traded at 5.81 with a 50 day moving average of 5.08

Fundamental factors:

• Market Cap $827.81 million
• P/E 45.83
• Although 3 Wall Street analysts have give strong buy recommendations, they do not provide revenue and earning projection
• This is purely a technical play based on gold price projections

Energy Recovery - Chart of the Day

Energy Recovery (ERII) is the Barchart Chart of the Day.  The energy recovery device company has a Trend Spotter buy signal, a Weighted Alpha of 180.50+ and gained 536.63% in the last year.

The Chart of the Day belongs to Energy Recovery Inc (ERII).  I found the energy recovery device stock by using Barchart to sort today's All Time High list first by the highest Weighted Alpha, then again by the highest technical buy signals.  Since the Trend Spotter signaled a buy on 7/15 the stock gained 50.93%.

Based in San Leandro, California, Energy Recovery Inc (ERII) is a leading global developer and manufacturer of highly efficient energy recovery devices utilized in the water desalination industry. Energy Recovery, Inc. operates primarily in the sea water reverse osmosis segment of the desalination industry.ERI manufactures ultra-high efficiency recovery products and technology, specifically the ERI PX Pressure Exchanger, that are among the enabling technologies driving the rapid growth in seawater reverse osmosis desalination, and are helping to make desalination affordable worldwide.

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
• 9 new highs and up 21.05% in the last month
• Relative Strength Index 76.50%
• Technical support level at 1436
• Recently traded at 15.56 with  50 day moving average of 12.10

Fundamental factors:

• Market Cap $814.25 million
• P/E 293.20
• Revenue expected to grow 124.70% this year but decline by 7.10% next year
• Earnings estimated to increase 404.50% this year, shrink by 46.30% next year but continue to compound at an annual rate of  20.00% for the next 5 years
• Wall Street analysts issued 2 strong buy recommendations on the stock

MORNING CALL 9/21

MORNING CALL

Wednesday, September 21st, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Dec E-mini S&Ps (ESZ16 +0.46%) are up +0.42% and European stocks are up +1.43% at a 1-week high on signs that global central banks will maintain their overly easy monetary policies in an attempt to spur economic growth and revive inflation. A rally in energy producing stocks is also giving equity markets a boost with crude oil (CLX16 +2.07%) up +2.09% after API data late Tuesday showed U.S. crude stockpiles dropped -7.5 million bbl last week. Asian stocks settled mostly higher: Japan +1.91%, Hong Kong +0.59%, China +0.10%, Taiwan +0.73%, Australia +0.68%, Singapore -0.14%, South Korea +0.56%, India -0.06%. Japan's Nikkei Stock Index rallied up to a 1-1/2 week high as banks and insurance companies led the overall market higher after the BOJ refrained from cutting interest rates further below zero and shifted the focus of its stimulus to controlling the yield curve.

The dollar index (DXY00 -0.02%) is down -0.06%. EUR/USD (^EURUSD) is down -0.06%. USD/JPY (^USDJPY) is down -0.24% at a 3-week low.

Dec T-note prices (ZNZ16 -0.02%) are down -1.5 ticks.

The BOJ kept its benchmark interest rate at -0.1% and said it will maintain its asset purchase target at 80 trillion yen a year, but announced a new package which shifts its emphasis from just managing the key interest rate and buying assets to controlling the yield curve. The BOJ said it will buy bonds in a way that ensures the 10-year government bond yield remains more or less where it is, around 0%, as part of its "yield curve management." The BOJ also said it would continue expanding its monetary base until inflation overshoots its 2% target and stays above it.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +4.2% with purchase sub-index +8.6% and refi sub-index +1.7%), (2) 2-day FOMC meeting concludes with policy announcement, updated economic projections, and a press conference by Fed Chair Yellen, and (3) EIA Weekly Petroleum Status Report.

Russell 1000 companies that report earnings today: General Mills (consensus $0.76), CarMax (0.88), Red Hat (0.54), Bed, Baty & Beyond (1.17), Jabil Circuit (0.25).

U.S. IPO's scheduled to price today: elf Beauty Inc (ELF), Capstar Financial Holdings (CSTR).

Equity conferences this week include: Finance Montreal FinTech Forum on Tue-Wed, Johnson Rice Energy Conference on Tue-Wed, Goldman Sachs Communicopia Conference on Tue-Thu, Finance Shared Services & GBS Exchange Conference on Wed.

OVERNIGHT U.S. STOCK MOVERS

Microsoft (MSFT -0.21%) rose over 1% in pre-market trading after it raised its quarterly dividend by 3 cents to 39 cents and authorized the byback of an additional $40 billion of stock on top of an existing $40 billion repurchase program.

Cooper Cos. (COO -1.09%) gained 1% in after-hours trading after it was announced that it will replace Starwood Hotels & Resorts in the S&P 500 Index at the close of trading on Thursday, September 22.

SPS Commerce (SPSC +0.78%) jumped over 5% in after-hours trading after it was announced that it will replace Northwestern in the S&P SmallCap 600 at the close of trading on Thursday, September 22.

Adobe Systems (ADBE +0.94%) climbed nearly 5% in pre-market trading after it reported Q3 adjusted EPS of 75 cents, better than consensus of 72 cents, and then raised guidance on fiscal 2016 adjusted EPS to $2.94-$3.00, higher than consensus of $2.87.

KB Home (KBH -2.42%) gained over 3% in after-hours trading after it reported Q3 net orders were up +16% y/y, well above consensus of +2.8%.

FedEx (FDX +0.86%) rose almost 3% in after-hours trading after it reported Q1 adjusted EPS of $2.90, higher than consensus of $2.79.

The Children's Place (PLCE -1.02%) was downgraded to 'Neutral' from 'Overweight' at Piper Jaffray with a 12-month target price of $88.

Clovis Oncology (CLVS +12.68%) rallied over 8% in after-hours trading after Janney said there are a "long list" of potential suitors for Clovis.

Airgain (AIRG +10.64%) gained over 4% in after-hours trading after it reported Q2 sales surged +63% y/y to $6.1 million.

CommScope Holding Co. (COMM -0.77%) slid 1% in after-hours trading after holder Carlyle said it sold 10 million common shares of CommScope.

Adamas Pharmaceuticals (ADMS +2.32%) jumped 5% in after-hours trading after the results of a Phase 3 trial of ADS-5102 for the treatment of Levodopa-induced Dyskinesia in patients with Parkinson's met its primary endpoint.

Nu Skin Enterprises (NUS -1.32%) rose over 3% in after-hours trading after it raised its Q3 revenue view to slightly above a prior forecast of $560 million-$580 million due to success of recent product introductions and "favorable" currency trends.

Mirna Therapeutics (MIRN -0.40%) plunged over 25% in after-hours trading after it said it was closing a Phase 1 study of its MRX34 in melanoma patients due to serious adverse events in patients taking the drug.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ16 +0.46%) this morning are up +9.00 points (+0.42%). Tuesday's closes: S&P 500 +0.03%, Dow Jones +0.05%, Nasdaq +0.19%. The S&P 500 on Tuesday closed slightly higher as the market awaited Wednesday's outcome of the FOMC meeting, which is likely to produce hawkish language but not a rate hike. Energy producer stocks received a boost from the +0.43% rally in crude prices. Stocks were undercut by the weak Aug housing starts report of -5.8%, which implied less stimulus from the housing sector.

Dec 10-year T-notes (ZNZ16 -0.02%) this morning are down -1.5 ticks. Tuesday's closes: TYZ6 +2.50, FVZ6 +0.50. Dec T-notes on Tuesday closed higher on the weaker-than-expected U.S. Aug housing starts and building permits reports and on expectations for the FOMC on Wednesday to refrain from a rate hike.

The dollar index (DXY00 -0.02%) this morning is down -0.056 (-0.06%). EUR/USD (^EURUSD) is down -0.0007 (-0.06%). USD/JPY (^USDJPY) is down-0.24 (-0.24%). Tuesday's closes: Dollar index +0.178 (+0.19%), EUR/USD -0.0024 (-0.21%), USD/JPY -0.23 (-0.23%). The dollar index on Tuesday closed higher on speculation that the Fed may be hawkish in its post-FOMC meeting statement as it may prepare the markets for a Dec rate hike. In addition, there was weakness in EUR/USD after German Aug PPI weakened more than expected, which fueled speculation the ECB may expand stimulus.

Nov crude oil (CLX16 +2.07%) this morning is up +92 cents (+2.09%) and Nov gasoline (RBX16 +2.60%) is up +0.0356 (+2.69%). Tuesday's closes: CLX6 +0.19 (+0.43%), RBX6 -0.0280 (-2.07%). Nov crude oil and gasoline on Tuesday settled mixed with Nov gasoline at a 2-week low. Crude oil prices was undercut by a stronger dollar and the slide in gasoline prices after Colonial said it will restart its damaged gasoline pipeline in Alabama one day earlier than scheduled, which should ease East Coast supply concerns. Crude oil was also undercut by expectations for Wednesday's EIA crude inventories to climb +3.25 million bbl. Crude oil recovered from a 1-1/4 month low and closed higher after Algerian Energy Minister Noureddine Bouterfa said OPEC may turn the informal meeting in Algiers on Sep 28 into a formal meeting as it seeks ways among producers to cut crude supplies by 1.0 million bpd to rebalance and stabilize the oil market.

GLOBAL EVENT CALENDAR09/21/2016

		Wednesday, Sep 21
US	0700 ET	Weekly MBA mortgage applications, previous +4.2% with purchase sub-index +8.6% and refi sub-index +1.7%.
	1030 ET	EIA Weekly Petroleum Status Report.
	1400 ET	FOMC announces interest rate decision and provides a summary of economic projections. Fed Chair Yellen holds press conference.
		Thursday, Sep 22
US	0830 ET	Weekly initial unemployment claims expected +1,000 to 261,000, previous +1,000 to 260,000. Weekly continuing claims expected -2,000 to 2.141 million, previous +1,000 to 2.143 million.
	0830 ET	Aug Chicago Fed national activity index expected -0.12 to 0.15, Jul +0.22 to 0.27.
	0830 ET	USDA weekly Export Sales.
	0900 ET	Jul FHFA house price index expected +0.3% m/m, Jun +0.2% m/m.
	1000 ET	Aug existing home sales expected +1.1% to 5.45 million, Jul -3.2% to 5.39 million.
	1000 ET	Aug leading indicators expected unchanged m/m, Jul +0.4%.
	1100 ET	Sep Kansas City Fed manufacturing survey expected +1 to -3, Aug +2 to -4.
	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 Sep 26-28.
	1300 ET	Treasury auctions $13 billion of 10-year TIPS.
	1300 ET	Atlanta Fed President Dennis Lockhart (non-voter) gives welcoming and introductory remarks at an Atlanta Fed conference on Unemployment, Wages and Productivity.
EUR	0400 ET	ECB publishes economic bulletin.
	1000 ET	Eurozone Sep consumer confidence expected +0.3 to -8.2, Aug -0.6 to -8.5.
UK	0600 ET	UK Sep CBI trends total orders expected unch at -5. Sep CBI trends selling prices expected +2 to 10, Aug 8.
JPN	n/a	Japanese markets closed for Autumnal Equinox Day.
	2230 ET	Japan Sep Nikkei manufacturing PMI, Aug +0.2 to 49.5.

U.S. STOCK CALENDAR09/21/2016

Company	Ticker	Time	Event Description	Period	Estimate
General Mills Inc	GIS US	7:00	Q1 2017 Earnings Release	Q1 2017	0.759
CarMax Inc	KMX US	7:00	Q2 2017 Earnings Release	Q2 2017	0.881
General Mills Inc	GIS US	8:30	Q1 2017 Earnings Call	Q1 2017
Allergan plc	AGN US	8:30	Acquisition of Tobira Therapeutics Inc. by Allergan plc Call
Brocade Communications Systems Inc	BRCD US	9:00	Investor Day	Y 2016
CarMax Inc	KMX US	9:00	Q2 2017 Earnings Call	Q2 2017
Intuit Inc	INTU US	11:00	Investor Day	Y 2016
Copart Inc	CPRT US	11:00	Q4 2016 Earnings Call	Q4 2016
Applied Materials Inc	AMAT US	13:30	Analyst Day	Y 2016
Retail Properties of America Inc	RPAI US	16:00	Investor and Analyst Day	Y 2016
Red Hat Inc	RHT US	16:15	Q2 2017 Earnings Release	Q2 2017	0.539
Jabil Circuit Inc	JBL US	16:30	Q4 2016 Earnings Call	Q4 2016
Bed Bath & Beyond Inc	BBBY US	17:00	Q2 2017 Earnings Call	Q2 2017
Red Hat Inc	RHT US	17:00	Q2 2017 Earnings Call	Q2 2017
Alphabet Inc	GOOGL US	17:00	ITC Due to Announce Next Step in Google vs Creative Technology Patent Case
Bed Bath & Beyond Inc	BBBY US	Aft-mkt	Q2 2017 Earnings Release	Q2 2017	1.161
Jabil Circuit Inc	JBL US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	0.249
Raymond James Financial Inc	RJF US		August 2016 Sales and Revenue Release - Operating Data	2016

Theravance Biopharma - Chart of the Day

Theravance Biopharma (TBPH) is the Barchart Chart of the Day.  The biopharmaceutical company has a Trend Spotter buy signal, a Weighted Alpha of 200.40+ and gained 159.76% in the last year.

The Chart of the Day belongs to Theravance Biopharma (TBPH).  I found the biopharmaceutical stock by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend spotter signaled a buy on 7/27 the sock gained 45.37%.

Theravance Biopharma, Inc. is a biopharmaceutical company. It is focused on the discovery, development and commercialization of small molecule medicines across a number of therapeutic areas including bacterial infections, central nervous system (CNS)/pain, respiratory disease, and gastrointestinal (GI) motility dysfunction. Theravance Biopharma, Inc. is based in George Town, Cayman Islands.

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
• 15 new highs and up 25.72% in the last month
• Relative Strength Index 76.64%
• Technical support level at 32.56
• Recently traded at 35.10 with a 50 day moving average of 27.06

Fundamental factors:

• Market Cap $1.66 billion
• Revenue expected to grow 11.00% this year but decline by 5.60% next year
• Earnings estimated to increase 24.50% this year, an additional .70% next year, and continue to compound at an annual rate of 376.60% for the next 5 years
• Wall Street analysts issued 3 strong buy, 1 hold and 1 sell recommendation on the stock

Trending Stocks -

Sym	Name	Last	Change	Percent	High	Low	Volume	Time	Links
ECA	Encana Corp	9.27	-0.59	-5.98%	9.30	9.18	41,270,468	10:16
CHK	Chesapeake Energy Corp	6.89	+0.08	+1.17%	6.96	6.68	17,425,226	10:16
SIRI	Sirius XM Holdings I	4.12	-0.02	-0.48%	4.15	4.11	15,502,698	10:16
BAC	Bank of America Corp	15.65	+0.06	+0.38%	15.76	15.64	13,826,857	10:16
AAPL	Apple Inc	113.49	-0.09	-0.08%	114.04	112.51	12,085,984	10:16
ASNA	Ascena Retail Grp Cmn	5.87	-2.25	-27.71%	6.15	5.80	10,694,138	10:16
WFC	Wells Fargo & Company	46.60	+0.59	+1.28%	47.20	46.51	9,670,720	10:16
AMD	Adv Micro Devices	6.12	-0.04	-0.65%	6.28	6.12	9,311,477	10:16
S	Sprint Corporation	6.88	+0.23	+3.46%	6.94	6.67	7,970,508	10:16
PBR	Petroleo Brasileiro S.A.- Petrobras	9.30	+0.20	+2.20%	9.45	9.21	7,828,214	10:16
SRPT	Sarepta Therapeutics	54.91	+5.97	+12.20%	56.00	51.95	7,569,505	10:16
TBRA	Tobira Therapeutics	39.20	+34.46	+727.00%	39.79	32.99	6,833,942	10:16
F	Ford Motor Company	12.10	-0.01	-0.08%	12.19	12.06	6,694,580	10:16
TWTR	Twitter Inc	18.44	+0.08	+0.44%	18.64	18.23	5,842,047	10:16
MAR	Marriot Int Class A	70.33	+1.99	+2.91%	70.73	68.66	5,294,809	10:16
HOT	Starwood Hotels & Resorts Worldwide	77.21	+2.12	+2.82%	77.53	75.81	5,201,552	10:16
CNAT	Conatus Pharmaceutic	2.16	+0.41	+23.43%	2.38	2.10	5,070,374	10:16
GE	General Electric Company	29.71	+0.28	+0.95%	29.80	29.63	4,890,861	10:16
MTU	Mitsubishi Ufj Financial Group Inc	5.08	+0.10	+2.01%	5.11	5.06	4,850,236	10:13
RIG	Transocean Inc	8.84	-0.12	-1.34%	9.00	8.68	4,772,952	10:16