Ooma Inc - Chart of the Day

Ooma Inc (OOMA) is the Barchart Chart of the Day.  The computer communications company has a Trend Spotter buy signal, a Weighted Alpha of 77.30+ and gained 67.59% in the last year.

The Chart of the Day belongs to Ooma Inc (OOMA).  I found the computer communications stock by using Barchart to sort today's Top Stocks to Own list first by the most frequent number of new highs in the that last month, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 4/4 the stock gained 15.87%.

Ooma, Inc. provides communications solutions and other connected services to small business, home and mobile users. The Company's products include Ooma Office for small businesses, Business Promoter, Ooma Telo for home, Ooma end-point devices, Ooma Premier Service for Telo, Talkatone Application as well as caller identification, call-waiting and voice mail services. Ooma, Inc. is based in Palo Alto, United States.

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 24.87% in the last month
• Relative Strength Index 80.93%
• Technical support level at 11.82
• Recently traded at 12.05 with a 50 day moving average of 10.19

Fundamental factors:

• Market Cap $220 million
• Revenue expected to grow 17.70% this year and another 18.90% next year
• Earnings estimated to increase 31.30% this year, an additional 236.40% next year and continue to compound at an annual rate of 20.00% for the next 5 years
• Even thought this is a small cap stock 5 Wall Street analysts are following this stock and all rate it a strong buy

Blueprint Medicines - Chart of the Day

Blueprint Medicines (BPMC) is the Barchart Chart of the Day.  The oncology company has a Trend Spotter buy signal, a Weighted Alpha of 185.76+ and gained 153.72% in the last year.

The Chart of the Day belongs to Blueprint Medicines (BPMC).  I found the oncology stock by using Barchart to sort today's All Time High list first by the highest Weighted Alpha then for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 2/27 the stock gained 25.96%.

Blueprint Medicines Corp is an oncology company which is engaged in developing kinase inhibitors for genomically defined cancer subsets. Blueprint Medicines Corp is based in Cambridge, MA.

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
• 8 new highs and up 11.08% in the last month
• Relative Strength Index 63.60%
• Technical support level at 45.48
• Recently traded at 46.00 with a 50 day moving average of 25.96

Fundamental factors:

• Market Cap $1.79 billion
• Revenue expected to shrink in the short term
• Earnings estimated to be at a loss in the short term
• This is a stock that is expected to be developing a good pipeline of products in the future
• Despite the lack of short term returns Wall Street analysts issued 4 strong buy and 2 buy recommendation for the stock

Everi Holdings - Chart of the Day

Everi Holdings (EVRI) is the Barchart Chart of the Day.  The gaming and payments company has a Trend Spotter buy signal, a Weighted Alpha of 251.79+ and gained 166.67% in the last year.


The Chart of the Day belongs to Everi Holdings (EVRI).  I found the gaming and payments stock by using Barchart to sort today's Top Stocks to Own list first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy in 1/18 the stock gained 142.91%.

Everi Holdings Inc. is a holding company which operates through subsidiaries, Global Cash Access, Inc. and Multimedia Games Holding Company, Inc. The Company's segments include Games and Payments. Global Cash Access, Inc. provides integrated gaming payments solutions, video and mechanical reel gaming content and technology solutions, as well as compliance and software. Multimedia Games Holding Company, Inc., designs, manufactures and supplies gaming machines and systems. Everi Holdings Inc., formerly known as Global Cash Access Holdings, Inc., is headquartered in Las Vegas, United States.

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
• 7 new highs and up 40.85% in the last month
• Relative Strength Index 78.10%
• Technical support level at 5.57
• Recently traded at 6.00 with a 50 day moving average of 4.06

Fundamental factors:

• Market Cap $379 million
• Revenue expected to grow 3.60% this year and another 3.80% next year
• Earnings estimated to increase 69.80% this year, 55.60% next year and continue to compound at an annual rate of 20.00% for the next 5 years
• Wall Street analysts issued 3 strong buy recommendations on the stock

5 Mid Caps for Momentum Investors

Today I wanted to find 5 Mid Cap stocks that would be of interest to Momentum Investors.  I used Barchart to sort the S&P 400 Mid Cap 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.  It just so happened that the best 5 were all REITs.  Today's Watch List includes:

Healthcare Realty Trusts (HR), Omega Healthcare Investors (OHI), Duke Realty (DRE), Medical Properties Trust (MPW) and Senior Housing Properties Trust (SNH).

Healthcare Realty Trust (HR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 8.73% in the last month
• Relative Strength Index 74.25%
• Technical support level at 33.80
• Recently traded at 33.89 with a 50 day moving average of 31.75

Omega Healthcare Investors (OHI)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 10 day moving averages
• 18 new highs and up 10.15% in the last month
• Relative Strength Index 79.33%
• Technical support level at 34.38
• Recently traded at 34.87 with a 50 day moving average of 32.45

Duke Realty (DRE)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 8.20% in the last month
• Relative Strength Index 68.08%
• Technical support level at 27.80
• Recently traded at 27.68 with a 50 day moving average of 26.01

Medical Properties Trust (MPW)

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 13.70% in the last month
• Relative Strength Index 78.30%
• Technical support level at 14.09
• Recently traded at 14.11 with a 50 day moving average of 13.05

Senior Housing Properties Trust (SNH)

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 10.37% in the last month
• Relative Strength Index 71.79%
• Technical support level at 22.19
• Recenlty traded at 22.03 with a 50 day moving average of 20.29

MORNING CALL 4/19

Barchart Morning Call

Barchart.com - Wed Apr 19, 6:37AM CDT

OVERNIGHT MARKETS AND NEWS

Jun E-mini S&Ps (ESM17 +0.27%) this morning are up +0.27% and European stocks are up +0.37%. A 4% rally in Morgan Stanley in pre-market trading is giving banking stocks a boost after it reported Q1 revenue of $9.75 billion, higher than expectations of $9.29 billion. Energy producing stocks are higher as well with May WTI crude oil (CLK17 +0.13%) up +0.29% after the API reported Tuesday afternoon that U.S. crude stockpiles fell -840,000 bbl last week. Strength in automakers is giving European stocks a lift after Eurozone Mar new car registrations rose +11.2% y/y. The U.S. markets await the Fed's Beige Book, to be released this afternoon, as to clues for the future direction of monetary policy. Asian stocks settled mostly lower: Japan +0.07%, Hong Kong -0.41%, China -0.81%, Taiwan -1.09%, Australia -0.56%, Singapore -0.36%, South Korea -0.63%, India +0.06%. China's Shanghai Composite fell to a 2-1/4 month low on concern that China's securities regulators will impose stricter regulations on the market after the president of the China Securities Regulatory Commission called on China's bourses to "show swords" and crack down on behavior that disrupts the market order "without mercy."

The dollar index (DXY00 +0.13%) is up +0.12%. EUR/USD (^EURUSD) is down -0.02%. USD/JPY (^USDJPY) is up +0.43%.

Jun 10-year T-note prices (ZNM17 -0.23%) are down -7 ticks.

ECB Governing Council member Hansson said growth rates in the Eurozone are "probably higher than potential" and the "output gap is closing" but at the same time, it's too early for the ECB to rush with concrete actions and claim victory over weak inflation, which remains volatile.

Eurozone Mar new car registrations rose +11.2% y/y to 1,891,583 million and are up +8.4% year-to-date at 4,141,269.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +1.5% with purchase sub-index +2.9% and refi sub-index unch), (2) Boston Fed President Eric Rosengren (non-voter) speaks at a conference at the Levy Economics Institute of Bard College, (3) Fed Beige Book, (4) EIA Weekly Petroleum Status Report.

Notable Russell 1000 earnings reports today include: Morgan Stanley (consensus $0.89), US Bancorp (0.80), Blackrock (4.89), Abbott Labs (0.43), AMEX (1.27), Kinder Morgan (0.18), eBay (0.48).

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

Equity conferences: none.

OVERNIGHT U.S. STOCK MOVERS

Morgan Stanley (MS -0.67%) jumped 4% in pre-market trading after it reported Q1 revenue of $9.75 billion, higher than consensus of $9.29 billion.

Fastenal (FAST -3.36%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse with a target price of $52.

Lam Research (LRCX +0.08%) gained almost 4% in after-hours trading after it reported Q3 adjusted EPS of $2.80, higher than consensus of $2.57.

Intuitive Surgical (ISRG -1.16%) rallied over 3% in after-hours trading after it reported Q1 adjusted EPS of $5.09, better than consensus of $4.95.

Bank of America (BAC -0.44%) was upgraded to 'Strong Buy' from 'Market Outperform' at Vining Sparks with a price target of $28.

Eli Lilly (LLY -1.43%) was downgraded to 'Underperform' from 'Market Perform' at BMO Capital Markets.

International Business Machines (IBM -0.61%) dropped 4% in after-hours trading after it reported Q1 revenue of $18.2 billion, below consensus of $18.4 billion and the 20th straight quarterly revenue decline.

Allstate (ALL -1.46%) was downgraded to 'Neutral' from 'Outperform' at Macquarie Research.

ICU Medical (ICUI -0.68%) fell over 2% in after-hours trading after it received a grand jury subpoena in connection with the Hospira Infusion Systems business it acquired from Pfizer in February.

LegacyTexas Financial Group (LTXB -0.13%) sold-off nearly 7% in after-hours trading after it reported Q1 core EPS of 37 cents, well below consensus of 58 cents.

Ultragenyx Pharmaceutical (RARE -2.23%) surged nearly 20% in after-hours trading after its Burosumab drug met the primary endpoint and demonstrated a statistically significant improvement is serum phosphorous levels in a Phase 3 study in adults with X-linked hypophosphatemia.

Interactive Brokers Group (IBKR +0.84%) lost nearly 3% in after-hours trading after it reported Q1 net revenue of $374 million, below consensus of $393.4 million.

CalAmp (CAMP -0.93%) climbed nearly 3% in after-hours trading after it reported Q4 adjusted EPS of 28 cents, above consensus of 27 cents.

Diana Shipping (DSX -8.59%) dropped 7% in after-hours trading after it announced that it had commenced an underwritten public offering of $70 million of common shares.

Nivalis Therapeutics (NVLS -4.69%) surged over 25% in after-hours trading after it announced a merger agreement with Alpine Immune Sciences with Alpine becoming a wholly-owned subsidiary of Nivalis.

MARKET COMMENTS

Jun E-mini S&Ps (ESM17 +0.27%) this morning are up +6.25 points (+0.27%). Tuesday's closes: S&P 500 -0.29%, Dow Jones -0.55%, Nasdaq -0.14%. The S&P 500 on Tuesday closed lower on the unexpected -0.4% drop in U.S. Mar manufacturing production, weaker than expectations of unchanged and the biggest decline in 7 months. Other weak economic data included the -6.8% drop in U.S. Mar housing starts to 1.215 million, weaker than expectations of -3.0% to 1.25 million. There was weakness in bank stocks led by a -4.7% fall in Goldman Sachs after it reported Q1 net revenue of $8.03 billion, weaker than consensus of $8.33 billion, as bond trading revenue declined.

Jun 10-year T-notes (ZNM17 -0.23%) this morning are down -7 ticks. Tuesday's closes: TYM7 +19.50, FVM7 +10.75. Jun T-notes on Tuesday rallied to a new 5-1/4 month high and closed higher on reduced inflation expectations after the 10-year T-note breakeven inflation rate fell to a 5-month low. T-notes were also boosted by increased safe-haven demand with the sell-off in stocks.

The dollar index (DXY00 +0.13%) this morning is up +0.123 (+0.12%). EUR/USD (^EURUSD) is -0.0002 (-0.02%) and USD/JPY (^USDJPY) is up +0.47 (+0.43%). Tuesday's closes: Dollar index -0.791 (-0.79%), EUR/USD +0.0087 (+0.82%), USD/JPY -0.48 (-0.44%). The dollar index on Tuesday dropped to a 2-1/2 week low and closed lower on the weaker-than-expected U.S. Mar housing starts report and U.S. Mar manufacturing production report. The dollar was also undercut by a surge in GBP/USD to a 6-1/4 month high after U.K. Prime Minister May called for early elections in June, which bolstered speculation that Prime Minister May's Conservative party will strengthen her hand on negotiating Brexit.

May WTI crude oil prices (CLK17 +0.13%) this morning are up +15 cents (+0.29%) and May gasoline (RBK17 -0.42%) is -0.0065 (-0.38%). Tuesday's closes: May crude -0.24 (-0.46%), May gasoline -0.0086 (-0.50%). May crude oil and gasoline on Tuesday fell to 1-week lows and closed lower. Oil prices were undercut by concern about increasing U.S. crude production after last Friday's data from Baker Hughes showed U.S. active oil rigs in the week ended Apr 14 rose +11 to 683, the most in 1-3/4 years. In addition, the crack spread fell to a 3-week low, which may curb refinery demand for crude to refine into gasoline. Oil prices were supported by the slide in the dollar index to a 2-1/2 week low, reduced global supplies after Saudi Arabia Feb oil exports fell to a 21-month low of 6.95 million bpd, and expectations for Wednesday's weekly EIA crude inventories to fall -1.4 million bbl.

GLOBAL EVENT CALENDAR04/19/2017

		Wednesday, Apr 19
US	0700 ET	Weekly MBA mortgage applications, previous +1.5% with purchase sub-index +2.9% and refi sub-index unch.
	1030 ET	EIA Weekly Petroleum Status Report.
	1200 ET	Boston Fed President Eric Rosengren (non-voter) speaks at a conference at the Levy Economics Institute of Bard College.
	1400 ET	Fed Beige Book.
		Thursday, Apr 20
US	0830 ET	Weekly initial unemployment claims expected +6,000 to 240,000, previous -1,000 to 234,000. Weekly continuing claims expected -4,000 to 2.024 million, previous -7,000 to 2.028 million.
	0830 ET	Apr Philadelphia Fed business outlook survey expected -7.0 to 25.8, Mar -10.5 to 32.8.
	0830 ET	USDA weekly Export Sales.
	1000 ET	Mar leading indicators expected +0.2%, Feb +0.6%.
	1100 ET	Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $15 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Apr 25-27.
	1300 ET	Treasury auctions $16 billion of 5-year TIPS.

U.S. STOCK CALENDAR04/19/2017

Company	Ticker	Time	Event Description	Period	Estimate
US Bancorp	USB US	Bef-mkt	Q1 2017 Earnings Release	Q1 17	0.80
Huntington Bancshares Inc/OH	HBAN US	Bef-mkt	Q1 2017 Earnings Release	Q1 17	0.218
BlackRock Inc	BLK US	06:30	Q1 2017 Earnings Release	Q1 17	4.889
Textron Inc	TXT US	06:30	Q1 2017 Earnings Release	Q1 17	0.46
Morgan Stanley	MS US	07:00	Q1 2017 Earnings Release	Q1 17	0.893
Abbott Laboratories	ABT US	07:30	Q1 2017 Earnings Release	Q1 17	0.43
AutoNation Inc	AN US	08:00	Annual General Meeting
Navient Corp	NAVI US	08:00	Q1 2017 Earnings Call	Q1 17
Textron Inc	TXT US	08:00	Q1 2017 Earnings Call	Q1 17
Morgan Stanley	MS US	08:30	Q1 2017 Earnings Call	Q1 17
BlackRock Inc	BLK US	08:30	Q1 2017 Earnings Call	Q1 17
Genuine Parts Co	GPC US	08:30	Q1 2017 Earnings Release	Q1 17	1.05
US Bancorp	USB US	09:00	Q1 2017 Earnings Call	Q1 17
Huntington Bancshares Inc/OH	HBAN US	09:00	Q1 2017 Earnings Call	Q1 17
Abbott Laboratories	ABT US	09:00	Q1 2017 Earnings Call	Q1 17
CR Bard Inc	BCR US	10:00	Annual General Meeting
Kraft Heinz Co/The	KHC US	11:00	Annual General Meeting
Genuine Parts Co	GPC US	11:00	Q1 2017 Earnings Call	Q1 17
DISH Network Corp	DISH US		Q1 2017 Earnings Release	Q1 17	0.679
EQT Corp	EQT US		Annual General Meeting
Sherwin-Williams Co/The	SHW US		Annual General Meeting
Teradata Corp	TDC US		Annual General Meeting
CSX Corp	CSX US	Aft-mkt	Q1 2017 Earnings Release	Q1 17	0.434
United Rentals Inc	URI US	Aft-mkt	Q1 2017 Earnings Release	Q1 17	1.518
SL Green Realty Corp	SLG US	Aft-mkt	Q1 2017 Earnings Release	Q1 17	1.575
American Express Co	AXP US	Aft-mkt	Q1 2017 Earnings Release	Q1 17	1.271
QUALCOMM Inc	QCOM US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	1.185
Torchmark Corp	TMK US	16:05	Q1 2017 Earnings Release	Q1 17	1.141
Kinder Morgan Inc/DE	KMI US	16:05	Q1 2017 Earnings Release	Q1 17	0.178
eBay Inc	EBAY US	16:30	Q1 2017 Earnings Release	Q1 17	0.478
Kinder Morgan Inc/DE	KMI US	16:30	Q1 2017 Earnings Call	Q1 17
QUALCOMM Inc	QCOM US	16:45	Q2 2017 Earnings Call	Q2 17
eBay Inc	EBAY US	17:00	Q1 2017 Earnings Call	Q1 17
American Express Co	AXP US	17:00	Q1 2017 Earnings Call	Q1 17