Financial Tides -- A Stock Market Investing Newsletter by Jim Van Meerten: 2016-10-23

Friday, October 28, 2016

Piper Jaffray - Chart of the Day

Piper Jaffray (PJC) is the Barchart Chart of the Day. The securities brokerage firm has a Trend spotter buy signal, a Weighted Alpha of 60.00+ and gained 40.28% in the last year.

The Chart of the Day belongs to Piper Jaffray (PJC). I found the securities brokerage stock by using Barchart to sort the Russel 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 on 7/12 the stock gained 30.54%.

Piper Jaffray Companies is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. They operate through two primary revenue-generating segments: Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis.

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
14 new highs and up 16.25% in the last month
Relative Strength Index 76.83%
Technical support level at 53.10
Relative Strength Index 76.83%
Recently traded at 54.50 with a 50 day moving average of 47.75

Fundamental factors:

Market Cap $876.91 million
P/E 14.96
Revenue expected to grow 1.70 this year and another 8.60% next year
Earnings estimated to increase 20.00% next year and continue to increase at an annual rate of 10.00% for the next 5 years
Wall Street analysts normally don't recommend each other but on firm rates the stock a hold

STOR, UVE, HTBK Sell Signals

Today I deleted Store Capital (STOR), Universal Insurance (UVE) and Heritage Commerce (HTBK) from the Barchart Van Meerten New High portfolio for negative price momentum.

Store Capital (STOR)

Barchart technical indicators:

100% technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
14.93% off its recent high
Relative Strength Index 29.26%

Universal Insurance (UVE)

Barchart technical indicators:

48% technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
44.65% off its recent high
Relative Strength Index 36.54%

Heritage Commerce (HTBK)

Barchart technical indicators:

64% technical sell signals
Trend Spotter sell signal
Below its 20, 50 and 100 day moving averages
12.52% off its recent high
Relative Strength Index 45.12%

Thursday, October 27, 2016

Goldman Sachs - Chart of the Day

Goldman Sachs (GS) is the Barchart Chart of the Day. The investment brokerage firm has a Trend Spotter buy signal, a Weighted Alpha of 2.80+ and gained 10.44% in the last 3 months,

The Chart of the Day belongs to Goldman Sachs (GS). I found the investment brokerage 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 on 10/7 the stock gained 4.69%.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals.

Goldman Sachs is a global investment banking and securities firm, providing a full range of investing, advisory and financing services worldwide to a substantial and diversified client base, which includes corporations, financial institutions, governments, and high net worth individuals.

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 9.15% in the last month
Relative Strength Index 69.63%
Technical support level at 172.33
Recently traded at 177.75 with a 50 day moving average of 168.77

Fundamental factors:

Market Cap $72.07 billion
P/E 11.00
Dividend yield 1.48%
Revenue expected to grow 5.40% next year
Earnings estimated to increase 12.60% next year and continue to compound at an annual rate of 16.56% for the next 5 years
Wall Street analysts issued 5 strong buy, 1 buy, 8 hold a 1 sell recommendation on the stock

Wednesday, October 26, 2016

Bank of America - Chart of the Day

Bank of America (BAC) is the Barchart Chart of the Day. The national commercial bank has a Trend Spotter buy signal, a Weighted Alpha of 10.53+ and gained 16.10% in the last 3 months.

The Chart of the Day belongs to Bank of America (BAC). I found the national commercial bank 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 on 10/5 the stock gained 4.72%.

Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose.

96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
16 new highs and up 11.80% in the last month
Relative Strength Index 70.25%
Technical support level at 16.54
Recently traded at 16.87 with a 50 day moving average of 15.83

Fundamental factors:

Market Cap $172.15 billion
P/E 13.31
Dividend yield 1.79%
Revenue expected to grow 1.00% this year and another 1.40% next year
Earnings estimated to increase 12.20% this year, an additional 6.80% next year and continue to compound at an annual rate of 8.02% for the next 5 years
Wall Street analysts issued 12 strong buy, 1 buy and 5 hold recommendations on the stock

Trim the Deadwood and Keep it in Cash

You may have noticed that I have not posted many buy recommendations lately. Right now I think there is more downside risk than there is a risk of being left behind.

As I post 60% of all stocks are trading below both their 20 and 50 day moving averages. Not a good sign.

I'm trimming deadwood --- anything trading 10% or more below their recent high and keeping my powder dry till after the market has a clear trend.

I suggest you do the same

MORNING CALL 10/26

MORNING CALL

Wednesday, October 26th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Dec E-mini S&Ps (ESZ16 -0.41%) are down -0.37% and European stocks are down -0.76%. A 3% drop in Apple in pre-market trading is undercutting stocks after the company forecast uninspiring forward expectations. A -1.38% slide in crude oil prices (CLZ16 -1.62%) to a 2-week low is also pushing energy producing stocks lower after the API reported late yesterday that U.S. crude inventories rose +4.75 million bbl last week. European stocks were also pressured by an unexpected decline in German Nov GfK consumer confidence to a 6-month low. Asian stocks settled mostly lower: Japan +0.15%, Hong Kong -1.02%, China -0.50%, Taiwan -0.25%, Australia -1.53%, Singapore -0.89%, South Korea -1.18%, India -0.91. Japan's Nikkei Stock Index bucked the trend today and rallied up to a 5-3/4 month high after Tuesday's rally in USD/JPY to a 2-3/4 month high fueled gains in exporter stocks.

The dollar index (DXY00 -0.12%) is down -0.21%. EUR/USD (^EURUSD) is up +0.30%. USD/JPY (^USDJPY) is down -0.01%.

Dec 10-year T-note prices (ZNZ16 -0.13%) are down -4 ticks.

ECB Governing Council member Hanson said wage growth, which could boost price growth "remains rather modest in some regions" and "even looking at headline inflation developments, one can notice tendency for growth lately, but where some weakness can be seen is core inflation, where we can't yet see a very clear trend for improvement."

The German Nov GfK consumer confidence unexpectedly fell -0.3 to 9.7, weaker than expectations of no change at 10.0 and a 6-month low.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +0.6% with purchase sub-index +3.0% and refi sub-index -0.8%), (2) Sep wholesale inventories (expected +0.1%, Aug -0.2%), (3) Oct Markit services PMI (expected +0.2 to 52.5, Sep +1.3 to 52.3), (4) Sep new home sales (expected -1.5% to 600,000, Aug -7.6% to 609,000), (5) the Treasury's auction of $14 billion of 2-year floating-rate notes and $34 billion of 5-year T-notes, and (6) EIA Weekly Petroleum Status Report.

Notable S&P 500 earnings reports today include: Coca-Cola (consensus $0.48), Boeing (2.67), General Dynamics (2.38), Norfolk Southern (1.45), Biogen (4.97), Waste Management (0.80), Simon Property Group (2.68), Southwest Airlines (0.88), Comcast (0.91), State Street (1.25), Nasdaq (0.90), Newmont Mining (0.49), Public Storage (2.53).

U.S. IPO's scheduled to price today: GTY Technology Holdings (GTYHU), Myovant Sciences (MYOV).

Equity conferences this week include: Money20/20 Conference on Mon-Wed, American Cystic Fibrosis Conference on Thu, ARM TechCon on Thu.

OVERNIGHT U.S. STOCK MOVERS

Apple (AAPL +0.51%) slid 3% in pre-market trading after it reported Q4 revenue of $46.9 billion, below consensus of $47 billion, and forecast Q1 gross margins of 38%-38.5%, weaker than consensus of 39%

Under Armour (UA -13.22%) was downgraded to 'Market Perform' from 'Outperform' at Cowen with a 12-month target price of $35.

Twitter (TWTR -4.27%) rose 3% in after-hours trading after Betaville reported that Disney is still interested in acquiring the company.

Akamai Technologies (AKAM +0.39%) climbed over 6% in after-hours trading after it reported Q3 adjusted EPS of 68 cents, higher than consensus of 61 cents.

Juniper Networks (JNPR +0.25%) rose 4% in after-hours trading after it reported Q3 adjusted EPS of 58 cents, higher than consensus of 52 cents/

Edwards Lifesciences (EW -2.86%) slumped over 12% in after-hours trading after it reported Q3 revenue of $739.4 million, less than consensus of $749.1 million, and said it sees Q4 sales of $750 million-$790 million, below consensus of $801.6 million.

Panera Bread (PNRA -2.04%) rose 5% in after-hours trading after it reported Q3 adjusted EPS of $1.37, higher than consensus of $1.34, and then raised its full-year adjusted EPS view to $6.67-$6.72 from a July 26 estimate of $6.60-$6.70.

NuVasive (NUVA -2.74%) tumbled 12% in after-hours trading after it cut its full-year revenue forecast to $952 million from a prior estimate of $962 million.

Express Scripts Holding (ESRX +0.39%) gained over 1% in after-hours trading after it reported Q3 adjusted EPS of $1.74, above consensus of $1,73, and then raised the low end of its full-year adjusted EPS view to $6.36-$6.42 from a prior view of $6.33-$6.43.

CH Robinson Worldwide (CHRW +0.45%) declined over 3% in after-hours trading after it reported Q3 EPS of 90 cents, below consensus of 96 cents.

Owens-Illinois (OI -0.99%) rallied over 3% in after-hours trading after it raised the low end its full-year adjusted EPS view to $2.27-$2.32 from a July 27 view of $2.25-$2.35.

Pandora Media (P -4.84%) fell 5% in after-hours trading after it lowered guidance on full-year revenue to $1.354 billion-$1.366 billion from a prior view of $1.385 billion-$1.405 billion.

NCR Corp. (NCR -2.17%) rose over 3% in pre-market trading after it reported Q3 adjusted EPS of 87 cents, above consensus of 81 cents, and then raised its full-year adjusted EPS view to $2.97-$3.02 from a prior view of $2.90-$3.00.

Diplomat Pharmacy (DPLO -0.24%) dropped over 5% in after-hours trading after President Gary Kadlec and CFO Sean Whelan said they will both step down on Dec 31.

Gladstone Capital (GLAD -1.68%) slid over 3% in after-hours trading after it announced a common stock offering, although no size was given.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ16 -0.41%) this morning are down -8.00 points (-0.37%). Tuesday's closes: S&P 500 -0.38%, Dow Jones -0.30%, Nasdaq-0.38%. The S&P 500 on Tuesday closed lower on the -4.9 point decline in U.S. Oct consumer confidence to 98.6 (weaker than expectations of -2.6 to 101.5) and on negative earnings news after 3M cut the top end of its 2016 profit forecast, Caterpillar cut its sales forecast for this year and Whirlpool lowered its profit outlook. There was also weakness in energy producer stocks as the price of crude oil fell -2.41%.

Dec 10-year T-notes (ZNZ16 -0.13%) this morning are down -4 ticks. Tuesday's closes: TYZ6 -5.50, FVZ6 -3.25. Dec 10-year T-notes on Tuesday recovered from a 1-week low and closed unchanged. T-notes found underlying support from the larger-than-expected decline in U.S. Oct consumer confidence index and from increased safe-haven demand with the weakness in stocks. Stocks were undercut by slack demand for the Treasury's $26 billion 2-year auction that had a bid-to-cover ratio of 2.53, weaker than the 12-auction average of 2.86 and the weakest demand for a 2-year auction in 3 months.

The dollar index (DXY00 -0.12%) this morning is down -0.209 (-0.21%). EUR/USD (^EURUSD) is up +0.0033 (+0.30%). USD/JPY (^USDJPY) is down-0.01 (-0.01%). Tuesday's closes: Dollar index -0.037 (-0.04%), EUR/USD +0.0007 (+0.06%), USD/JPY +0.04 (+0.04%). The dollar index on Tuesday fell back from an 8-1/2 month high and closed lower on the weaker-than-expected U.S. Oct consumer confidence index. The dollar was also undercut by the rebound in EUR/USD from a 7-1/2 month low after the German Oct IFO business climate index showed an unexpectedly strong increase to a 2-1/2 year high.

Dec WTI crude oil (CLZ16 -1.62%) this morning is down -69 cents (-1.38%) at a 2-week low and Dec gasoline (RBZ16 -1.74%) is down -0.0246(-1.66%) at a 1-1/2 week low. Tuesday's closes: Dec crude -1.22 (-2.41%), Dec gasoline -0.0244 (-1.66%). Dec crude oil and gasoline on Tuesday closed lower on comments from a Russian OPEC envoy who said an oil production cut is not a suitable option for Russia, only a freeze of output at current levels. Crude oil prices were also undercut by expectations for Wednesday's EIA crude inventories to increase by +1.75 million bbl.

GLOBAL EVENT CALENDAR10/26/2016

		Wednesday, Oct 26
US	0700 ET	Weekly MBA mortgage applications, previous +0.6% with purchase sub-index +3.0% and refi sub-index -0.8%.
	0830 ET	Sep wholesale inventories expected +0.1%, Aug -0.2%. Sep wholesale trade sales, Aug +0.7%,
	0945 ET	Oct Markit services PMI expected +0.2 to 52.5, Sep +1.3 to 52.3.
	1000 ET	Sep new home sales expected -1.5% to 600,000, Aug -7.6% to 609,000.
	1030 ET	EIA Weekly Petroleum Status Report.
	1130 ET	Treasury auctions $14 billion of 2-year floating-rate notes.
	1300 ET	Treasury auctions $34 billion of 5-year T-notes.
		Thursday, Oct 27
US	0830 ET	Weekly initial unemployment claims expected -5,000 to 255,000, previous +13,000 to 260,000. Weekly continuing claims expected-5,000 to 2.052 million, previous +7,000 to 2.057 million.
	0830 ET	Sep durable goods orders expected unch and +0.2% ex transportation, Aug +0.1% and -0.2% ex transportation. Sep capital goods orders nondefense ex-aircraft & parts expected -0.1%, Aug +0.9%.
	0830 ET	USDA weekly Export Sales.
	1000 ET	Sep pending home sales expected +1.1% m/m and +4.0% y/y, Aug -2.4% m/m and +4.0% y/y.
	1100 ET	Oct Kansas City Fed manufacturing activity survey expected -3 to 3, Sep +10 to 6.
	1300 ET	Treasury auctions $28 billion 7-year T-notes

U.S. STOCK CALENDAR10/26/2016

Company	Ticker	Time	Event Description	Period	Estimate
St Jude Medical Inc	STJ US	3:00	Annual General Meeting - M&A Vote
Boston Scientific Corp	BSX US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.268
Coca-Cola Co/The	KO US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.482
Laboratory Corp of America Holdings	LH US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	2.293
Northrop Grumman Corp	NOC US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	2.808
Exelon Corp	EXC US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.786
Huntington Bancshares Inc/OH	HBAN US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.211
Biogen Inc	BIIB US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	4.967
Waste Management Inc	WM US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.801
Simon Property Group Inc	SPG US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	2.676
DTE Energy Co	DTE US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	1.651
Garmin Ltd	GRMN US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.544
Ingersoll-Rand PLC	IR US	6:30	Q3 2016 Earnings Release	Q3 2016	1.287
Southwest Airlines Co	LUV US	6:30	Q3 2016 Earnings Release	Q3 2016	0.876
Wyndham Worldwide Corp	WYN US	6:30	Q3 2016 Earnings Release	Q3 2016	1.885
Avery Dennison Corp	AVY US	6:45	Q3 2016 Earnings Release	Q3 2016	0.997
WEC Energy Group Inc	WEC US	7:00	Q3 2016 Earnings Release	Q3 2016	0.614
Comcast Corp	CMCSA US	7:00	Q3 2016 Earnings Release	Q3 2016	0.91
State Street Corp	STT US	7:00	Q3 2016 Earnings Release	Q3 2016	1.253
Nasdaq Inc	NDAQ US	7:00	Q3 2016 Earnings Release	Q3 2016	0.901
Hess Corp	HES US	7:30	Q3 2016 Earnings Release	Q3 2016	-1.24
Boeing Co/The	BA US	7:30	Q3 2016 Earnings Release	Q3 2016	2.674
General Dynamics Corp	GD US	7:30	Q3 2016 Earnings Release	Q3 2016	2.381
FLIR Systems Inc	FLIR US	7:30	Q3 2016 Earnings Release	Q3 2016	0.425
Boston Scientific Corp	BSX US	8:00	Q3 2016 Earnings Call	Q3 2016
Norfolk Southern Corp	NSC US	8:00	Q3 2016 Earnings Release	Q3 2016	1.451
Owens-Illinois Inc	OI US	8:00	Q3 2016 Earnings Call	Q3 2016
FLIR Systems Inc	FLIR US	8:00	Q3 2016 Earnings Call	Q3 2016
Nasdaq Inc	NDAQ US	8:00	Q3 2016 Earnings Call	Q3 2016
Mondelez International Inc	MDLZ US	8:00	Q3 2016 Earnings Release	Q3 2016	0.434
Assurant Inc	AIZ US	8:00	Q3 2016 Earnings Call	Q3 2016
Franklin Resources Inc	BEN US	8:30	Q4 2016 Earnings Release	Q4 2016	0.691
Franklin Resources Inc	BEN US	8:30	Q4 2016 Earnings Call - Pre Recorded	C4 2016
Comcast Corp	CMCSA US	8:30	Q3 2016 Earnings Call	Q3 2016
Express Scripts Holding Co	ESRX US	8:30	Q3 2016 Earnings Call	Q3 2016
Biogen Inc	BIIB US	8:30	Q3 2016 Earnings Call	Q3 2016
Chubb Ltd	CB US	8:30	Q3 2016 Earnings Call	Q3 2016
CH Robinson Worldwide Inc	CHRW US	8:30	Q3 2016 Earnings Call	Q3 2016
Wyndham Worldwide Corp	WYN US	8:30	Q3 2016 Earnings Call	Q3 2016
Norfolk Southern Corp	NSC US	8:45	Q3 2016 Earnings Call	Q3 2016
Coca-Cola Co/The	KO US	9:00	Q3 2016 Earnings Call	Q3 2016
General Dynamics Corp	GD US	9:00	Q3 2016 Earnings Call	Q3 2016
Laboratory Corp of America Holdings	LH US	9:00	Q3 2016 Earnings Call	Q3 2016
Parker-Hannifin Corp	PH US	9:00	Annual General Meeting	Y 2016
Huntington Bancshares Inc/OH	HBAN US	9:00	Q3 2016 Earnings Call	Q3 2016
Range Resources Corp	RRC US	9:00	Q3 2016 Earnings Call	Q3 2016
DTE Energy Co	DTE US	9:00	Q3 2016 Earnings Call	Q3 2016
Ameriprise Financial Inc	AMP US	9:00	Q3 2016 Earnings Call	Q3 2016
State Street Corp	STT US	9:30	Q3 2016 Earnings Call	Q3 2016
Hess Corp	HES US	10:00	Q3 2016 Earnings Call	Q3 2016
Ingersoll-Rand PLC	IR US	10:00	Q3 2016 Earnings Call	Q3 2016
Citigroup Inc	C US	10:00	Q3 2016 Earnings Call - Fixed Income	C3 2016
Waste Management Inc	WM US	10:00	Q3 2016 Earnings Call	Q3 2016
Boston Properties Inc	BXP US	10:00	Q3 2016 Earnings Call	Q3 2016
Mondelez International Inc	MDLZ US	10:00	Q3 2016 Earnings Call	Q3 2016
Boeing Co/The	BA US	10:30	Q3 2016 Earnings Call	Q3 2016
Garmin Ltd	GRMN US	10:30	Q3 2016 Earnings Call	Q3 2016
Avery Dennison Corp	AVY US	11:00	Q3 2016 Earnings Call	Q3 2016
Franklin Resources Inc	BEN US	11:00	Q4 2016 Earnings Call	Q4 2016
Exelon Corp	EXC US	11:00	Q3 2016 Earnings Call	Q3 2016
Torchmark Corp	TMK US	11:00	Q3 2016 Earnings Call	Q3 2016
Cincinnati Financial Corp	CINF US	11:00	Q3 2016 Earnings Call	Q3 2016
Equity Residential	EQR US	11:00	Q3 2016 Earnings Call	Q3 2016
Simon Property Group Inc	SPG US	11:00	Q3 2016 Earnings Call	Q3 2016
Northrop Grumman Corp	NOC US	12:00	Q3 2016 Earnings Call	Q3 2016
Southwest Airlines Co	LUV US	12:30	Q3 2016 Earnings Call	Q3 2016
UDR Inc	UDR US	13:00	Q3 2016 Earnings Call	Q3 2016
WEC Energy Group Inc	WEC US	14:30	Q3 2016 Earnings Call	Q3 2016
F5 Networks Inc	FFIV US	16:00	Q4 2016 Earnings Release	Q4 2016	1.941
Robert Half International Inc	RHI US	16:15	Q3 2016 Earnings Release	Q3 2016	0.709
Unum Group	UNM US	16:15	Q3 2016 Earnings Release	Q3 2016	0.949
Western Digital Corp	WDC US	16:15	Q1 2017 Earnings Release	Q1 2017	1.05
Texas Instruments Inc	TXN US	16:30	Q3 2016 Earnings Release	Q3 2016	0.863
O'Reilly Automotive Inc	ORLY US	16:30	Q3 2016 Earnings Release	Q3 2016	2.923
F5 Networks Inc	FFIV US	16:30	Q4 2016 Earnings Call	Q4 2016
Fortune Brands Home & Security Inc	FBHS US	16:30	Q3 2016 Earnings Call	Q3 2016
Robert Half International Inc	RHI US	17:00	Q3 2016 Earnings Call	Q3 2016
Varian Medical Systems Inc	VAR US	17:00	Q4 2016 Earnings Call	Q4 2016
Western Digital Corp	WDC US	17:00	Q1 2017 Earnings Call	Q1 2017
Fiserv Inc	FISV US	17:00	Q3 2016 Earnings Call	Q3 2016
XL Group Ltd	XL US	17:00	Q3 2016 Earnings Call	Q3 2016
Equifax Inc	EFX US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	1.356
Murphy Oil Corp	MUR US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	-0.2
Newmont Mining Corp	NEM US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.491
Universal Health Services Inc	UHS US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	1.683
Varian Medical Systems Inc	VAR US	Aft-mkt	Q4 2016 Earnings Release	Q4 2016	1.34
Fiserv Inc	FISV US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	1.134
Realty Income Corp	O US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.728
Extra Space Storage Inc	EXR US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.995
Fortune Brands Home & Security Inc	FBHS US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.782
XL Group Ltd	XL US	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	0.377
Public Storage	PSA US	17:30	Q3 2016 Earnings Release	Q3 2016	2.525
Texas Instruments Inc	TXN US	17:30	Q3 2016 Earnings Call	Q3 2016

Tuesday, October 25, 2016

Franklin Covey - Chart of the Day

Franklin Covey (FC) is the Barchart Chart of the Day. The consulting company has a Trend Spotter by signal, a Weighted Alpha of 16.09+ and gained 20.13% in the last 6 months.

The Chart of the Day belongs to Franklin Covey (FC). I found the performance consulting 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 on 9/26 the stock gained 11.85%.

Franklin Covey Co. is an international learning and performance solutions company dedicated to increasing the effectiveness of individuals and organizations. They provide consulting services, training and education programs, educational materials, publications, assessment and measurement tools, implementation processes, application tools and products designed to empower individuals and organizations to become more effective.

96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
15 new highs and up 12.39% in the last month
Relative Strength Index 71.85%
Technical support level at 18.32
Recently traded at 1850 with a 50 day moving average of 16.95

Fundamental factors:

Market Cap $264.55 million
P/E 42.56
Revenue expected to grow 6.10% next year
Earnings estimated to increase 43.40% next year and continue to compound at an annual rate of 13.33% for the next 5 years
Wall Street analysts issued 3 strong buy and 1 hold recommendation on the stock

Monday, October 24, 2016

International Game Technology - Chart of the Day

International Game Technology (IGT) is the Barchart Chart of the Day. The gaming company has a Trend Spotter buy signal, a Weighted Alpha of 95.50+ and gained 72.8% in the last year.

The Chart of the Day belongs to International Gaming Technology (IGT). I found the gaming 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 of technical buy signals of 80% or more. Since the Trend Spotter signaled a buy in 7/11 the stock gained 48.80%.

International Game Technology PLC is a gaming company. The Company is engaged in design, development, manufacture and marketing of casino-style gaming equipment, systems technology, and game content. Its business segment consists of North America and International. The company operates primarily in the United Kingdom; Rome, Italy; Las Vegas, Nevada, and Providence, Rhode Island. International Game Technology PLC is headquartered in Las Vegas, Nevada.

96% technical buy signals
Trend Spotter buy signal
Above its 20, 50 and 100 day moving averages
17 new highs and up 14.95% in the last month
Relative Strength Index 77.81%
Technical support level at 27.94
Recently traded at 28.45 with a 50 day moving average of 24.53

Fundamental factors:

Market Cap $5.72 billion
P/E 13.58
Dividend yield 2.82%
Revenue expected to grow 9.10% this year and another .10% next year
Earnings estimated to increase 1.60% this year, an additional 11.10% next year and continue to increase at an annual rate of 10.0% for the next 5 years
Wall Street analysts issued 5 strong buy and 1 hold recommendations on the stock