Ingevity - Chart of the Day

Ingevity (NVGT) is the Barchart Chart of the Day.  The specialty chemical company has a Trend Spotter buy signal, a Weighted Alpha of 126.16+ and gained 101.12% in the last year.

The Chart of the Day belongs to Ingevity (NGVT).  I found the specialty chemical 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 on 11/8 the stock gained 20.04%.

Ingevity Corporation provides specialty chemicals, carbon materials and technologies. The Company's operating segments consists of Performance Materials and Performance Chemicals. Performance Chemicals segment products consists of asphalt paving, adhesives, agrochemical dispersants, printing inks, lubricants, petroleum and other diverse industries. Performance Materials segment engineers, manufactures and sells wood-based chemically activated carbon products. Ingevity Corporation is based in North Charleston, SC.

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 9.20% in the last month
• Relative Strength Index 68.40%
• Technical support level at 53.52
• Recently traded at 54.02 with a 50 day moving average of 47.17

Fundamental factors:

• Market Cap $2.23 billion
• Revenue expected to grow 4.90% next year
• Earnings estimated to increase 19.10% next year and continue to compound at an annual rate of 10.00% for the next 5 years
• Wall Street analysts issued 5 buy and 1 hold recommendation on the stock

Meta Financial Group - Chart of the Day

Meta Financial Group (CASH) is the Barchart Chart of the Day.  The savings bank has a Trend Spotter buy signal, a Weighted Alpha of 160.23+ and gained 125.93% in the last year.

The Chart of the Day is Meta Financial Group (CASH).  I found the savings bank by using Barchart to sort today 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 10/3 the stock gained 58.78%.

Meta Financial Group, Inc. is the holding company for federally chartered savings bank MetaBank, Member FDIC. Headquartered in Sioux Falls, S.D., MetaBank operates in both the Banking and Payments industries: MetaBank, its retail banking division; Meta Payment Systems, its electronic payments division; AFS/IBEX, its insurance premium finance division; and Refund Advantage, its tax refund-transfer software division. The synergies among the four provide a unique business model for the company.

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
• 10 new highs and up 13.09% in the last month
• Relative Strength Index 74.10%
• Technical support level at 93.77
• Recently traded at 100.60 with a 50 day moving average of 80.98

Fundamental factors:

• Market Cap $798 million
• P/E 21.52
• Dividend yield .56%
• Revenue expected to grow 48.80% this year and another 16.90% next year
• Earnings estimated to increase 66.30% this year and an additional 19.30% next year
• Wall Street analysts issued 2 buy recommendations on the stock

Nvidia - Chart of the Day

Nvidia (NVDA) is the Barchart Chart of the Day.  The semiconductor company has a Trend Spotter buy signal, a Weighted Alpha of 199.68% and gained 196.22% in the last year.

The Chart of the Day belongs to Nvidia (NVDA).  I found the semiconductor stock by using Barchart to sort today's All Time High list first by the highest Weighted Alpha, then again by technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/7 the stock gained 34.95%.

Nvidia (NVDA) Corporation designs, develops and markets a `top-to-bottom` family of award-winning 3D graphics processors, graphics processing units and related software that set the standard for performance, quality and features for every type of desktop personal computer user, from professional workstations to low-cost computers. Nvidia Corporation's 3D graphics processors are used in a wide variety of applications, including games, the Internet and industrial design.

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:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 15.35% in the last month
• Relative Strength Index 65.77%
• Technical support level at 90.05
• Recently traded at 96.78 with a 50 day moving average of 79.13

Fundamental factors:

• Market Cap $48.3 billion
• P/E 44.57
• Dividend yield .63%
• Revenue expected to grow 36.50% this year and another 15.30% next year
• Earnings estimated to increase 123.10% this year, an additional 11.20% next year and continue to compound at an annual rate of 28.58% for the next 5 years
• Wall Street analysts issued 14 buy, 9 hold a 1 sell recommendation on the stock

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Please Practice Caution

Everyone seems poised to watch the Dow break 20,000 and they are scared to be left behind,  The market will be erratic for the next few days because individuals, mutual funds, hedge funds and institutions will be harvesting tax losses.

In order for you to take losers off on your tax returns you must realize the losses through actual sales.  You can then offset the losses against your realized gains or take advantage of loss carry forwards.

Investors will either buy back into other stocks or will wait for 30 days and buy back into stocks they sold but would still like to own.

This happens every year between December 15 and January 15.

Be careful and rational/