Chemours - Chart of the Day

Chemours Company (CC) is the Barchart Chart of the Day.  The chemical company has a Trend Spotter buy signal. a Weighted Alpha of 179.30+ and gained 101.14% in the last year.

The Chart of the Day belongs to Chemours Company (CC).  I found the chemical company 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 7/18 the stock gained 68.88%

Chemours Company is involved in chemical business. It operating segment consists of Titanium Technologies, Fluoroproducts and Chemical Solutions. Titanium Technologies segment produces titanium dioxide and premium white pigment. Fluoroproducts segment provides fluoroproducts, refrigerants and industrial fluoropolymer resins. Chemical Solutions segment provides industrial and specialty chemicals. The company's brand consists of Teflon(R), Ti-Pure(R), Krytox(R) Viton(R), Opteon(R) and Nafion(R). Chemours Company is headquartered in Wilmington.

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

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 16.31% in the last month
• Relative Strength Index 64.97%
• Technical support level at 15.87
• Recently traded at 15.72 with a 50 day moving average of 12.99

Fundamental factors:

• Market Cap $2.85 billion
• P/E 21.28
• Dividend yield .74%
• Revenue to grow .80% next year
• Earnings to increase 51.10% next year and compound at an annual rate of 1.50% for the next 5 years
• Wall Street analysts issued 2 strong buy, 2 hold and 1 strong sell recommendation for the stock

US Silica - Chart of the Day

US Silica (SLCA) is the Barchart Chart of the Day.  The mining company has a Trend Spotter buy signal, a Weighted Alpha of 197.30+ and gained 204.82% in the last year.

The Chart of the Day belongs to US Silica (SLCA).  I found the mining stock by using Barchart to sort the Russell 3000 Index stock first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 8/3 the stock gained 30.04%.

U.S. Silica Holdings, Inc. is a producer of industrial minerals, including sand proppants, whole grain silica, ground silica, fine ground silica, calcined kaolin clay and aplite clay. The company also operates as a research and development specialist for customized products and solutions. The industries and applications served by U.S. Silica includes oil and gas, glass, chemicals, foundry, building products, fillers and extenders, recreation, industrial filtration and treatment, and testing and analysis. U.S. Silica Holdings, Inc. is headquartered in Frederick, Maryland.

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

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 14.25% in the last month
• Relative Strength Index 70.86%
• Technical support level at 46.21
• Recently traded at 48.10 with a 50 day moving average of 41.12

Fundamental factors:

• Market Cap $3.05 billion
• Dividend yield .53%
• Wall Street analysts issued 9 strong buy, 1 buy and 3 hold recommendations on the stock
• Earnings are expected to compound at an annual rate of 87.90% for the next 5 years
• The individual investors following the stock on Motley Fool voted 213 to 6 that the stock will beat the market

Finisar - Chart of the Day

Finisar (FNSR) is the Barchart Chart of the Day.  The optic fiber company has a Trend Spotter buy signal, a Weighted Alpha of 195.90+ and gained 168.33% in the last year.

The Chart of the Day belongs to Finisar (FNSR).  I found the optic fiber 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 7/8 the stock gained 85.34%.


Finisar is a provider of fiber optic subsystems and network test and monitoring systems which enable high-speed data communications over local area networks, or LANs, storage area networks, or SANs, and metropolitan access networks, or MANs. They are focused on the application of digital fiber optics to provide aline of high-performance, reliable, value-added optical subsystems for data networking and storage equipment manufacturers.

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
• 10 new highs and up 39.34% in the last month
• Relative Strength index 79.97%
• Technical support level at 29.23
• Recently traded at 31.04 with a 50 day moving average of 23.58

Fundamental factors:

• Market Cap $3.42 billion
• P/E 36.80
• Revenue expected to grow 15.00% this year
• Earnings estimated to compound at an annual rate of 17.50% for the next 5 years
• Wall Street analysts issued 6 strong buy, 2 buy and 3 hold recommendations on the stock
• The individual investors following the stock on Motley Fool voted 439 to 40 that the stock will beat the market

Clayton Williams Energy - Chart of the Day

Clayton Williams Energy (CWEI) is the Barchart Chart of the Day.  The petroleum exploration company has a Trend Spotter buy signal, a Weighted Alpha of 214.40+ and gained 857.33% in the last 6 months.

The Chart of the Day belongs to Clayton Williams Energy (CWEI).  I found the petroleum exploration 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 6/23 the stock gained 295.44%.

Clayton Williams Energy is an independent oil and gas company engaged in the exploration for and development and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. A significant portion of the company's proved oil and gas reserves are concentrated in the Cretaceous Trend, which extends from south Texas through east Texas, Louisiana and other southern states and includes the Austin Chalk, Buda, and Georgetown formations.

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
• 10 new highs and up 30.81% in the last month
• Relative Strength Index 65.97%
• Technical support level at 83.80
• Recently traded at 86.99 with a 50 day moving average of 64.19

Fundamental factors:

• Market Cap $1.06 billion
• Revenue expected to grow 48.10% next year
• Wall Street analysts issued 2 strong buy an 4 hold recommendations on the stock
• The individual investors following the stock on Motley Fool voted 205 to 29 that the stock will beat the market

Aclaris Therapeutics - Chart of the Day

Aclaris Therapeutics (ACRS) is the Barchart Chart of the Day.  The pharmaceutical company has a Trend Spotter buy signal, Weighted Alpha of 54.30+ and gained 130.86% in the last year.

The Chart of the Day belongs to Aclaris Therapeutics (ACRS).  I found the pharmaceutical 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 by signals of 80% or more.  Since the Trend Spotter signaled a buy on 8/16 the stock gained 27.76%.

Aclaris Therapeutics, Inc. is a specialty pharmaceutical company. The Company is focused on identifying, developing and commercializing drugs to met needs in dermatology. Its drug candidate consists of A-101, a high-concentration hydrogen peroxide topical solution which is being developed as a prescription treatment for seborrheic keratosis a common non-malignant skin tumor and A-102, a proprietary topical gel dosage form of hydrogen peroxide for the treatment of SK and common warts which are in different clinical trial. Aclaris Therapeutics, Inc. is headquartered in Malvern, Pennsylvania.

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
• 15 new highs and up 22.09% in the last month
• Relative Strength Index 68.08%
• Technical support level at 24.96
• Recently traded at 23.43 with a 50 day moving average of 21.65

Fundamental factors:

• Market Cap $544.20 million
• Analysts have not made revenue projection
• Earnings growth estimated to increase 31.40% next year and continue to compound at an annual rate of 72.40% for the next 5 years
• Wall Street analysts issued 4 strong buy recommendations on the stock

5 Large Caps for Momentum Investors

This morning I wanted to find 5 Large Cap stocks for Momentum Investors.  I used Barchart to sort the S&P 500 Large Cap Index stocks first for the most frequent new highs in the last month, then again for technical buy signals of 80% or more.  Today's watch list includes:

CSX (CSX), Illumina (ILMN), Hewlett-Packard (HPQ),  Intuitive Surgical (ISRG) and Corning (GLW)


CSX (CSX)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 7.89% in the last month
• Relative Strength Index 67.2%
• Technical support level at 29.79
• Recently traded at 30.37 with a 50 day moving average of 28.68

Illumina (ILMN)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 7.83% in the last month
• Relative Strength index 62.80%
• Technical support level at 174.92
• Recently traded at 182.38 with a 50 day moving average of 170.43

Hewlett-Packard (HPQ)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 8.14% in the last month
• Relative Strength Index 70.61%
• Technical support level at 15.28
• Recently traded at 15.66 with a 50 day moving average of 14.52

Intuitive Surgical (ISRG)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 4.73% in the last month
• Relative Strength Index 64.06%
• Technical support level at 713.32
• Recently traded at 720.95 with a 50 day moving average of 693.56

Corning (GLW)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 3.60% in the last month
• Relative Strength Index 68.59%
• Technical support level at 23.22
• Recently traded at 23.67 with a 50 day moving average of 22.70

MORNING CALL 10/3

MORNING CALL

Monday, October 3rd, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Dec E-mini S&Ps (ESZ16 -0.02%) are little changed, down -0.02% and European stocks are up +0.01% in quiet trade. Markets in China, Germany and South Korea are all closed today for holiday. Stocks received support from strength in crude oil (CLX16 +0.58%) which is up +0.87% at a 1-1/4 month high and is lifting energy producing stocks. Signs of increased M&A activity also boosted equity prices with Twitter up over 4% in pre-market trading after a news report said that Google is working with financial adviser Lazard Ltd. to consider a potential bid for the company. Gains in U.S. stocks were limited after Fitch Ratings cut its U.S. 2016 GDP forecast to 1.4% from a 1.8% estimate in Jul. Asian stocks settled higher: Japan +0.90%, Hong Kong +1.23%, Taiwan +0.73%, Australia +0.78%, Singapore +0.05%, India +1.35%. Asian stocks rose as European banking concerns eased and along with signs of strength in Japanese manufacturing activity after the Japan Sep Nikkei manufacturing PMI was revised upward to an 8-month high.

The dollar index (DXY00 +0.06%) is up +0.03. EUR/USD (^EURUSD) is unch. USD/JPY (^USDJPY) is unch. GBP/USD is down -0.75% at a 2-3/4 month low on economic concerns in Britain after Prime Minister May pledged to start pulling the UK out of the European Union by March.

Dec 10-year T-note prices (ZNZ16 -0.04%) are down -2 ticks.

In its bi-monthly Global Economic Outlook, Fitch Ratings' cut its U.S. 2016 GDP estimate to 1.4% from a 1.8% estimate in Jul due to oil sector adjustments, weak external demand and as dollar appreciation takes its toll on industrial demand.

China Sep manufacturing PMI was unchanged at 50.4, weaker than expectations of +0.1 to 50.5.

Japan Sep Nikkei manufacturing PMI was revised upward to 50.4 from 50.3, the fastest pace of expansion in 8 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) final-Sep Markit manufacturing PMI (expected unch at 51.4, prelim-Sep -0.6 to 51.4), (2) Aug construction spending (expected +0.3% m/m, Jul unch m/m), (3) Sep ISM manufacturing index (expected +0.9 to 50.3, Aug -3.2 to 49.4), (4) Sep total vehicle sales (expected 17.4 million, Aug 16.91 million), (5) USDA weekly grain export inspections, (6) USDA Weekly Crop Progress.

Russell 1000 companies that report earnings today: none.

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

Equity conferences this week include: Capital Link Shipping, Marine Services & Offshore Forum on Wed, ACI European Biomass to Power Conference on Wed, Seaport Global Securities Dallas Energy Day on Thu.

OVERNIGHT U.S. STOCK MOVERS

Teradata (TDC +2.96%) was downgraded to 'Sell' from 'Hold at UBS.

Barrick Gold (ABX -1.23%) was upgraded to 'Buy' from 'Hold' at Deutsche Bank.

Carnival Cruise Lines (CCL +1.16%) was rated a new 'Buy' at HSBC with a price target of $60.

National Oilwell Varco (NOV -0.33%) was downgraded to 'Sell' from "hold' at Citigroup.

FirstCash (FCFS +1.82%) was upgraded to 'Buy' from 'Neutral' at Janney Montgomery with a 12-month target price of $59.

VirnetX Holding Corp. (VHC -3.47%) jumped over 20% in pre-market trading after Apple was told to pay $302.4 million to VHC after a federal jury said Apple was guilty of infinging on VHC's patents.

Halliburton (HAL +1.58%) was upgraded to 'Buy' from 'Hold' at Societe Generale with a 12-month target price of $55.

Twitter (TWTR +0.17%) is up over 4% in pre-market trading after a person familiar with the matter said Alphabet (GOOG +0.29%) is said to be working with Lazard to review a potential bid for the company .

Levin Capital said it increased its stake in Fluidigm (FLDM -4.76%) to 19.6% from 12.38%

Dave & Buster's Entertainment (PLAY +3.54%) rose nearly 4% in after-hours trading after it was announced that it will replace Piedmont Natural Gas in the S&P SmallCap 600 after the close of trading Monday, October 3.

Express Scripts (ESRX +0.99%) said it will add Walgreens to its Tricare pharmacy network and drop CVS, as of December 1.

Seaword (SEAS -0.44%) gained 1% in after-hours trading after Ivory Cove reported a 5.2% stake in the company, the fourth largest.

The board of Viacom (VIAB +0.87%) has formed a special committee to evaluate a possible combination with CBS.

Illinois Treasurer Frerichs said late Friday that Illinois will suspend investment activity with Wells Fargo (WFC -0.20%) .

MARKET COMMENTS

Dec E-mini S&Ps (ESZ16 -0.02%) this morning are down -0.50 of a point (-0.02%). Friday's closes: S&P 500 +0.80%, Dow Jones +0.91%, Nasdaq +0.77%. The S&P 500 on Friday closed higher on reduced concern about Deutsche Bank after it rebounded sharply higher from a record low after a media report saying that the U.S. Department of Justice is seeking only $5.4 billion to settle its investigation of Deutsche Bank's involvement in mortgage-backed securities, far less than earlier reports of a $14 billion settlement. Stocks were also boosted by the +2.7 point increase in the Sep Chicago PMI (stronger than expectations of +0.5 to 52.0) and the +1.4 point gain in the final-Sep University of Michigan U.S. consumer sentiment index to 91.2 (stronger than expectations of +0.2 to 90.0).

Dec 10-year T-notes (ZNZ16 -0.04%) this morning are down -2 ticks. Friday's closes: TYZ6 -13.50, FVZ6 -6.75. Dec 10-year T-notes on Friday retreated from a 1-1/2 month high and closed lower on reduced safe-haven demand with the rally in stocks and with relief about the report that Deutsche Bank may not have to pay as large of a fine to the DOJ as earlier reported. T-notes were also undercut by the stronger-than-expected U.S. consumer sentiment index and Chicago PMI report.

The dollar index (DXY00 +0.06%) this morning is up +0.027 (+0.03%). EUR/USD (^EURUSD) is unch. USD/JPY (^USDJPY) is unch. Friday's closes: Dollar index -0.072 (-0.08%), EUR/USD +0.0013 (+0.12%), USD/JPY +0.32 (+0.32%). The dollar index on Friday fell back from a 1-week high and closed lower on a upward rebound in EUR/USD on reduced European banking concerns after Deutsche Bank CEO Cryan said that Deutsche Bank's balance sheet is safer than at any point in the past two decades. The dollar was also undercut by the weaker-than-expected U.S. Aug personal spending report of unchanged (vs expectations of +0.1%).

Nov WTI crude oil (CLX16 +0.58%) this morning is up +42 cents (+0.87%) at a 1-1/4 month high and Nov gasoline (RBX16 -0.47%) is down -0.0026(-0.18%). Friday's closes: Nov crude +0.41 (+0.86%), Nov gasoline +0.0210 (+1.46%). Nov crude oil and gasoline on Friday closed higher on a weaker dollar and hopes that the global oil glut may shrink faster than expected if OPEC follows through on last Wednesday's agreement to cut its oil production to 32.5-33.0 million bpd.

GLOBAL EVENT CALENDAR10/03/2016

		Monday, Oct 3
US	0945 ET	Final-Sep Markit manufacturing PMI expected unch at 51.4, prelim-Sep -0.6 to 51.4.
	1000 ET	Aug construction spending expected +0.3% m/m, Jul unch m/m.
	1000 ET	Sep ISM manufacturing index expected +0.9 to 50.3, Aug -3.2 to 49.4. Sep ISM new orders, Aug -7.8 to 49.1. Sep ISM employment, Aug-1.1 to 48.3. Sep ISM prices paid expected +0.5 to 53.5, Aug -2.0 to 53.0.
	1100 ET	USDA weekly grain export inspections.
	1600 ET	USDA Weekly Crop Progress.
	n/a	Sep total vehicle sales expected 17.4 million, Aug 16.91 million. Sep domestic vehicle sales expected 13.3 million, Aug 13.13 million.
		Tuesday, Oct 4
US	0805 ET	Richmond Fed President Jeffrey Lacker (non-voter) speaks at the west Virginia Economic Outlook Conference.
	0945 ET	Sep New York ISM, Aug -13.2 to 47.5.
	1950 ET	Chicago Fed President Charles Evans (non-voter) speaks on the economy and monetary policy at an event in Auckland, New Zealand.

U.S. STOCK CALENDAR10/03/2016

Company	Ticker	Time	Event Description	Period	Estimate
Ford Motor Co	F US	9:15	September 2016 Sales and Revenue Release	2016
Ford Motor Co	F US	10:00	September 2016 Sales and Revenue Call	2016
Infoblox Inc	BLOX US	16:00	Analyst Meeting	Y 2016
Monotype Imaging Holdings Inc	TYPE US	16:30	Business Update Call	Y 2016

TRENDING STOCK 10/3

Sym	Name	Last	Change	Percent	High	Low	Volume	Time	Links
SIRI	Sirius XM Holdings I	4.18	+0.01	+0.24%	4.18	4.18	1,827,589	09:48
CAB	Cabela's Inc	63.00	+8.07	+14.69%	63.00	63.00	1,539,479	09:49
TWTR	Twitter Inc	23.79	+0.74	+3.21%	23.79	23.79	597,482	09:49
NTNX		38.25	+1.25	+3.38%	38.25	38.25	565,540	09:49
DB	Deutsche Bank Ag	13.04	-0.05	-0.38%	13.04	13.04	435,541	09:49
NVO	Novo Nordisk A/S	41.15	-0.44	-1.06%	41.15	41.15	429,573	09:21
HLT	Hilton Worldwide Holdings Inc	22.93	unch	unch	22.93	22.93	277,703	09:44
FTR	Frontier Commun Cp	4.20	+0.04	+0.96%	4.20	4.20	211,503	09:33
BP	BP Plc	35.49	+0.33	+0.94%	35.49	35.49	167,250	09:49
CHK	Chesapeake Energy Corp	6.39	+0.12	+1.91%	6.39	6.39	154,206	09:48
BCS	Barclays Plc	8.56	-0.13	-1.50%	8.56	8.56	132,645	09:40
MT	Arcelormittal	6.13	+0.09	+1.49%	6.13	6.13	127,691	09:48
WLL	Whiting Petroleum Corp	8.95	+0.21	+2.40%	8.95	8.95	122,453	09:45
VHC	Virnetx Holding Corp	4.84	+1.78	+58.17%	4.84	4.84	118,395	09:49
NVFY	Nova Lifestyle Inc	4.12	+0.49	+13.50%	4.12	4.12	116,742	09:48
COTY	Coty Inc	23.75	+0.25	+1.06%	23.75	23.75	110,413	09:49
BOX	Box Inc	15.98	+0.22	+1.40%	15.98	15.98	102,435	09:00
TSLA	Tesla Motors Inc	212.37	+8.34	+4.09%	212.37	212.37	102,361	09:49
SVU	Supervalu Inc	5.00	+0.01	+0.20%	5.00	5.00	90,174	09:13
AUPH	Aurinia Pharm Ord	3.14	+0.13	+4.32%	3.14	3.14	90,071	09:49