Oclaro - Chart of the Day

Oclaro (OCLR) is the Barchart Chart of the Day.  The optic fiber device company has a Trend Spotter buy signal, a Weighted Alpha of 246.20+ and gained 274.57% in the last year.

The Chart of the Day belongs to Oclaro (OCLR).  I found the optic fiber device stock by using Barchart to sort the Russell 3000 Index stocks first for the highest Weighted Alpha, then I reviewed the charts using the Flipchart feature.  Since the Trend Spotter signaled a buy on 7/12 the stock gained 69.96%.

Oclaro, with headquarters in San Jose, California, is a tier 1 provider of high performance optical components, modules and subsystems to the telecommunications market, and is one of the largest providers to metro and long haul network applications. Oclaro, the result of the combination of Bookham, Inc. and Avanex Corporation, leverages proprietary core technologies and vertically integrated product development to provide its customers with cost-effective and innovative optical devices, modules and subsystems. Its photonic technologies also serve selected potential high growth markets, including industrial, defense, life sciences, semiconductor, and scientific, with diversification providing both significant potential revenue streams and strategic technological advantage. Oclaro is a global company, with leading chip fabrication facilities in the UK, Switzerland and Italy, and manufacturing sites in the US, Thailand and China.

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:

• 32% technical buy signal
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 8.23% in the last month
• Relative Strength Index 56.02%
• Technical support level at 8.39
• Recently traded at 8.58 with a 50 day moving average of 7.49

Fundamental factors:

• Market Cap $963.88 million
• P/E 126.29
• Revenue expected to grow 46.00% this year and another 33.00% next year
• Earnings estimated to increase 129.40% this year, an additional 30.80% next year and continue to increase at an annual rate of 15.00% of r the next 5 years
• Wall Street Analysts issued 8 strong buy and 1 hold recommendation on the stock

Gold Resources - Chart of the Day

Gold Resources (GORO) is the Barchart Chart of the Day.  The mining company has a Trend Spotter buy signal, a Weighted Alpha of 271.55+ and gained 205.33% in the last 6 months.

The Chart of the Day is Gold Resources (GORO).  This stock is a repeat but after a pause is on a roll again.  I found the mining 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 9/6 the stock gained 14.31%.

Gold Resource Corporation is a mining company focused on production and pursuing development of select, high-grade gold and silver projects that feature low operation costs and produce high returns on capital. The Company has 100% interest in four potential high-grade gold and silver properties in Mexico's southern state of Oaxaca. The Company has an interest in four properties, the El Aguila property, the Las Margaritas property, the El Rey property and the Solaga property. All of these properties are in the exploration stage and have no probable reserves. The company is based in Denver, Colorado.

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
• 6 new highs and up 34.72% in the last month
• Relative Strength Index 69.04%
• Technical support level at 6.82
• Recently traded at 7.42 with a 50 day moving average of 6.14

Fundamental factors:

• Market Cap $404.31 million
• P/E 119.00
• Dividend yield .28%
• Revenue expected to grow 50.40% this year
• Wall Street analysts do not follow this stock
• The individual investors on Motley Fool who follow the stock voted 164 to 81 that the stock will beat the market
• When following a mining stock remember that the price of the stock follows the price of the underlying metal but acts like a leveraged stock after the metal price climbs above the break even point of the reserves that are owned.

vTv Therapeutics - Chart of the Day

vTv Therapeutics (VTVT) is the Barchart Chart of the Day.  The biomedical company has a Trend Spotter buy signal, a Weighted Alpha of 13.70+ and gained 32.30% in the last 6 months.

The Chart of the Day belongs to vTv Therapeutics (VTVT).  I found he biomedical stock by using Barchart to sort the Russell 3000 Index stocks first for the most frequent number of new hihgs in the last month, then again for technical buy signals od 80% or more.  Since the Trend spotter signaled buy on 7/21 the stock gained 74.56%.

vTv Therapeutics Inc. is a biopharmaceutical company which is engaged in the discovery and development of orally administered small molecule drug candidates to fill unmet medical needs. Its drug candidate for the treatment of Alzheimers disease includes azeliragon TTP488, which is in Phase III clinical trials; type II diabetes drug candidates include Glucokinase Activator TTP399 and GLP-1r Agonist TTP273 which completed Phase I clinical trials; products for the prevention of muscle weakness and treatment of inflammatory disorders include HPP593, HPP737 and HPP971 which is in Phase1 clinical trials. The Company's drug discovery platform consists of TTP Translational Technology. vTv Therapeutics Inc. is headquartered in High Point, North Carolina.

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
• 17 new highs and up 37.31% in the last month
• Relative Strength index 83.15%
• Technical support level at 6.96
• Recently traded at 7.25 with a 50 day moving average of 5.99

Fundamental factors:

• Market Cap $237.87 million
• Revenue expected to grow 1183.20 this year
• Earnings estimated to increase 51.50% this year
• Wall Street analysts issued 3 strong buy recommendations on the stock

Aria Pharmaceuticals - Chart of the Day

Aria Pharmaceuticals (ARIA) is the Barchart Chart of the Day.  The pharmaceutical company has a Trend spotter buy signal, a Weighted Alpha of 158.60+ and gained 113.28% in the last 6 months.

The Chart of the Day belongs to Aria Pharmaceutical (ARIA).  I found the biopharma stock by using Barchart to sort the Russell 3000 Index stocks first for the most frequent new hihgs in the last month, then again for technical buy signals of 80% or more.  Since the Trend spotter signaled a buy on 7/21 the stock gained 74.56%

Ariad Pharmaceuticals is engaged in the discovery and development of novel pharmaceuticals based on intracellular signaling technology. The Company has established highly integrated capabilities in functional genomics, molecular cell biology, structure based drug design, combinatorial chemistry and pharmacology. The company is developing small-molecule drugs that block signal transduction pathways in cells responsible for osteoporosis, and immune and inflammatory diseases.

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
• 17 new highs and up 36.29% in the last month
• Relative Strength Index 85.75%
• Technical support level at 13.46
• Recently traded at 13.95 with a 50 day moving average of 10.42

Fundamental factors:

• Market Cap $2.67 billion
• Revenue expected to grow 58.80% this year and another 20.30% next year
• Earnings estimated to increase 92.70% this year and continue to compound at an annual rate of 30.00% for the next 5 years
• Wall Street analysts issued 3 strong buy and 1 strong sell recommendation on the stock

5 Great NASDAQ 100 Stocks for Momentum Investors

This morning I wanted to find 5 NASDAQ 100 stocks with consistnet upward price momentum.  I used Barchart to sort the NASDAQ 100 Index stock for the highest technical buy signals, then used the Flipchart feature to review the charts.  The stocks that caught me eye were:

Intuitive Surgical (ISRG), Illumina (ILMN), Electronic Arts (EA), CSX (CSX), and Charter Communications (CHTR)

The charts say it all:

Intuitive Surgical (ISRG)

Illumnia (ILMN)

Electronis Arts (EA)

CSX (CSX)

Charter Communications (CHTR)

MORNING CALL 9/27

MORNING CALL

Tuesday, September 27th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Dec E-mini S&Ps (ESZ16 +0.21%) are up +0.23%, although they gave up an even bigger advance due to losses in European stocks. European stocks are down -0.49% at a 1-week low as bank stocks slide. Deutsche Bank AG is down nearly 3% at a fresh record low amid growing concerns that it will need to raise capital, and Commerzbank AG is down 3% after a report said it plans to eliminate 9,000 jobs and suspend dividend payments. Weakness in energy producers is another drag on the overall market with crude oil (CLX16 -1.87%) down -1.44% after Iran said it is unwilling to freeze its crude output at current levels, which dampens expectations that OPEC will reach a deal on production cuts when it meets tomorrow in Algiers. Asian stocks settled mostly higher: Japan +0.84%, Hong Kong +1.09%, China +0.60%, Taiwan closed due to Typhoon Megi, Australia -0.47%, Singapore +0.36%, South Korea +0.81%, India -0.25%. Asian stocks recovered from early losses and closed higher on speculation that U.S. Democratic candidate Clinton won the presidential debate last night with Republican nominee Trump, which eases concern of the effects on foreign trade that Trump would have if he is elected U.S. President. Chinese stocks also received a boost after China Aug industrial profits rose by the most in 3 years.

The dollar index (DXY00 +0.11%) is up +0.06%. EUR/USD (^EURUSD) is down -0.06%. USD/JPY (^USDJPY) is up +0.06%.

Dec 10-year T-note prices (ZNZ16 +0.11%) are up +2 ticks at a 2-1/2 week high as European banking concerns boost the safe-haven demand for government debt. The yield on the 10-year German bund fell to a 1-1/2-month low of -0.152%.

China Aug industrial profits rose +19.5% y/y, the largest increase in 3 years.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Jul S&P CoreLogic composite-20 home price index (expected unch m/m and +5.1% y/y, Jun -0.07% m/m and +5.13% y/y), (2) Sep Markit services PMI (expected +0.2 to 51.2, Aug -0.4 to 51.0), (3) Sep Conference Board U.S. consumer confidence index (expected -2.4 to 98.7, Aug +4.4 to 101.1), (4) Sep Richmond Fed manufacturing index (expected +9 to -2, Aug -21 to -11), and (5) Treasury's auction of $34 billion of 5-year T-notes.

Russell 1000 companies that report earnings today: FactSet (consensus $1.69), NIKE (0.56), Cintas (1.08).

U.S. IPO's scheduled to price today: Fulgent Genetics (FLGT).

Equity conferences during the remainder of this week include: Deutsche Bank Leveraged Finance Conference on Tue, JMP Securities Financial Services & Real Estate Conference on Tue, Wolfe Research Power and Gas Leaders Conference on Tue-Wed, Leerink Partners Rare Disease & Immuno Oncology Roundtable Conference on Wed-Thu.

OVERNIGHT U.S. STOCK MOVERS

CBOE Holdings (CBOE -5.28%) was upgraded to 'Neutral' from 'Underperform' at Credit Suisse.

Electronics For Imaging (EFII -0.29%) was rated a new 'Buy' at Needham & Co. with a 12-month target price of $58.

Gilead Sciencies (GILD -0.92%) was downgraded to 'Market Perform' from 'Outperform' at Leerink Partners.

AutoZone (AZO +1.88%) was upgraded to 'Overweight' from 'Equalweight' at Morgan Stanley with a price target of $840.

Consolidated Edison (ED -0.03%) was upgraded to 'Hold' from 'Sell' at Evercore ISI with a 12-month target price of $76.

Crown Holdings (CCK -0.66%) was upgraded to 'Outperform' from 'Market Perform' at BMO Capital Markets with a price target of $65.

Synnex (SNX -0.47%) jumped over 6% in after-hours trading after it reported Q3 adjusted EPS of $1.73, above consensus of $1.56, and said it sees Q4 adjusted EPS of $2.06-$2.11, higher than consensus of $1.91.

Rice Energy (RICE +0.82%) slipped 4% in after-hours trading after it announced a public offering of 40 million shares of common stock.

Sunoco Logistics Partners LP (SXL -0.38%) dropped nearly 6% in after-hours trading after offering 21 million shares to fund its Vitol Platform purchase.

Nordic American Tankers Ltd (NAT -1.57%) fell over 5% in after-hours trading after it offered 11 million shares of common stock.

Kite Pharma (KITE +0.75%) climbed 9% in after-hours trading after a study of its Zuma-1 drug showed a better-than-expected 47% complete remission rate in diffuse large B-cell lymphoma patients.

Array Biopharma (ARRY +81.10%) gained 5% in after-hours trading after the company's binimetinib-encorafenib combo met the primary endpoint of improving progression free survival in a study of melanoma patients.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ16 +0.21%) this morning are up +5.00 points (+0.23%). Monday's closes: S&P 500 -0.86%, Dow Jones -0.91%, Nasdaq -0.86%. The S&P 500 on Monday closed lower on negative carryover from a slide in European bank stocks after Deutsche Bank AG, Germany's largest bank, slumped by more than -7% to a record low on concern that mounting legal exposure will force it to raise more capital. U.S. bank stocks were also undercut by Fed Governor Tarullo's comment that a Fed plan to merge bank stress tests with related capital rules "would generally result in a significant increase in capital requirements."

Dec 10-year T-notes (ZNZ16 +0.11%) this morning are up +2 ticks a t a 2-1/2 week high. Monday's closes: TYZ6 +9.00, FVZ6 +4.75. Dec 10-year T-notes on Monday climbed to a 2-week high and closed higher on carryover support from a rally in German bund prices to a 2-week high after ECB President Draghi said the Eurozone recovery has less momentum and the ECB will preserve "very substantial" monetary support. T-notes were also boosted by increased safe-haven demand after the slide in stocks.

The dollar index (DXY00 +0.11%) this morning is up +0.061 (+0.06%). EUR/USD (^EURUSD) is down -0.0007 (-0.06%). USD/JPY (^USDJPY) is up +0.06 (+0.06%). Monday's closes: Dollar index -0.180 (-0.19%), EUR/USD +0.0028 (+0.25%), USD/JPY -0.69 (-0.68%). The dollar index on Monday closed lower on strength in EUR/USD which rose to a 1-week high after the German Sep IFO business climate rose to a 2-1/3 year high (+3/2 to 109.5). In addition, USD/JPY fell -0.68% as a sell-off in stocks boosted the safe-haven demand for the yen.

Nov WTI crude oil (CLX16 -1.87%) this morning is down -66 cents (-1.44%) and Nov gasoline (RBX16 -2.02%) is down -0.0228 (-1.65%). Monday's closes: Nov crude +1.14 (+2.56%), Nov gasoline +0.0229 (+1.69%). Nov crude and gasoline on Monday closed higher with Nov gasoline at a 2-week high. Crude oil prices were boosted by the weaker dollar and by comments from Algeria's energy minister who said that Saudi Arabia has offered to cut its crude output back to a Jan level of 10.2 million bpd from Aug's 10.69 million bpd if Iran would agree to cap its output.

GLOBAL EVENT CALENDAR09/27/2016

		Tuesday, Sep 27
US	0900 ET	Jul S&P CoreLogic composite-20 home prices expected unch m/m and +5.1% y/y, Jun -0.07% m/m and +5.13% y/y.
	0945 ET	Sep Markit services PMI expected +0.2 to 51.2, Aug -0.4 to 51.0. Sep Markit composite PMI, Aug -0.3 to 51.5.
	1000 ET	Sep consumer confidence (Conference Board) expected -2.4 to 98.7, Aug +4.4 to 101.1.
	1000 ET	Sep Richmond Fed manufacturing survey expected +9 to -2, Aug -21 to -11.
	1300 ET	Treasury auctions $34 billion of 5-year T-notes.
		Wednesday, Sep 28
US	0700 ET	Weekly MBA mortgage applications, previous -7.3% with purchase sub-index -6.8% and refi sub-index -7.6%.
	0830 ET	Aug durable goods orders expected -1.4% and -0.5% ex transportation, Jul +4.4% and +1.3% ex transportation. Aug capital goods orders nondefense ex-aircraft & parts expected -0.1%, Jul +1.5%.
	1000 ET	Fed Chair Janet Yellen testifies before the House Financial Services Committee on the topic of bank supervision and regulation.
	1010 ET	St. Louis Fed President James Bullard (voter) delivers introductory and welcoming comments at the Community Banking in the 21st Century conference.
	1030 ET	EIA Weekly Petroleum Status Report.
	1130 ET	Treasury auctions $13 billion of 2-year floating rate notes.
	1300 ET	Treasury auctions $28 billion of 7-year T-notes.
	1330 ET	Chicago Fed President Charles Evans (non-voter) delivers a keynote address at the research conference Community Banking in the 21st Century.
	1915 ET	Kansas City Fed President Esther George (voter) speaks at an event hosted by the Kansas City Fed titled Banking and the Economy: A Forum for Minority Bankers.

U.S. STOCK CALENDAR09/27/2016

Company	Ticker	Time	Event Description	Period	Estimate
FactSet Research Systems Inc	FDS US	7:00	Q4 2016 Earnings Release	Q4 2016	1.693
Varian Medical Systems Inc	VAR US	8:00	Investor Meeting	Y 2016
FactSet Research Systems Inc	FDS US	11:00	Q4 2016 Earnings Call	Q4 2016
Jabil Circuit Inc	JBL US	13:00	Analyst and Investor Meeting	Y 2016
Workday Inc	WDAY US	15:15	Analyst Day	Y 2016
NIKE Inc	NKE US	16:15	Q1 2017 Earnings Release	Q1 2017	0.559
NIKE Inc	NKE US	17:00	Q1 2017 Earnings Call	Q1 2017
Cintas Corp	CTAS US	17:00	Q1 2017 Earnings Call	Q1 2017
Cintas Corp	CTAS US	Aft-mkt	Q1 2017 Earnings Release	Q1 2017	1.082
Equifax Inc	EFX US		Investor Meeting - Day 2	Y 2016
General Mills Inc	GIS US		Annual General Meeting
Xcel Energy Inc	XEL US		Investor Meeting	Y 2016

TRENDING STOCKS 9/27

Sym	Name	Last	Change	Percent	High	Low	Volume	Time	Links
ARRY	Array Biopharma Inc	6.61	+2.96	+81.10%	6.65	4.59	101,857,297	09/26/16
TWTR	Twitter Inc	23.37	+0.75	+3.32%	23.57	21.65	95,270,094	09/26/16
BAC	Bank of America Corp	15.09	-0.43	-2.77%	15.44	15.02	94,902,703	09/26/16
PG	Procter & Gamble Company	87.85	+0.09	+0.10%	88.43	86.61	60,276,500	09/26/16
SIRI	Sirius XM Holdings I	4.16	-0.04	-0.95%	4.19	4.15	44,585,098	09/26/16
NVAX	Novavax Inc	2.35	+0.09	+3.98%	2.43	2.27	37,799,699	09/26/16
WFC	Wells Fargo & Company	44.88	-0.86	-1.88%	45.50	44.65	30,931,998	09/26/16
AMD	Adv Micro Devices	6.32	-0.23	-3.51%	6.54	6.31	29,867,000	09/26/16
AAPL	Apple Inc	112.88	+0.17	+0.15%	113.39	111.55	29,819,100	09/26/16
PFE	Pfizer Inc	33.64	-0.62	-1.81%	34.01	33.42	29,509,498	09/26/16
F	Ford Motor Company	12.01	-0.16	-1.31%	12.12	12.00	26,720,600	09/26/16
GE	General Electric Company	29.54	-0.35	-1.17%	29.81	29.52	25,884,002	09/26/16
CHK	Chesapeake Energy Corp	6.62	-0.01	-0.15%	6.84	6.56	25,717,801	09/26/16
INTC	Intel Corp	36.65	-0.54	-1.45%	36.94	36.60	25,516,400	09/26/16
FCX	Freeport-Mcmoran Inc	10.51	-0.12	-1.13%	10.87	10.47	24,049,201	09/26/16
ECA	Encana Corp	9.26	+0.16	+1.76%	9.41	9.15	23,124,201	09/26/16
C	Citigroup Inc	45.89	-1.26	-2.67%	46.63	45.83	22,644,301	09/26/16
HIMX	Himax Technologies	8.63	-2.10	-19.57%	10.20	8.33	22,065,900	09/26/16
WLL	Whiting Petroleum Corp	7.52	+0.03	+0.40%	7.87	7.48	21,984,799	09/26/16
MSFT	Microsoft Corp	56.90	-0.53	-0.92%	57.14	56.83	21,687,100	09/26/16