Autohome - Chart of the Day

Autohome (ATHM) is the Barchart Chart of the Day.  The Chinese automobile internet nformation company has a Trend Spotter buy signal, a Weighted Alpha of 174.00+ and gained 147.37% in the last year.

The Chart of the Day is Autohome (ATHM).  I found the Chinese automobile Internet 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 7/20 the stock gained 36.44%.

Autohome Inc. offers an online destination for automobile consumers primarily in the People's Republic of China. The company through its Websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. It also offers advertising services; dealer subscription services; used automobile listings services; automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers. Autohome Inc. is based in Beijing, 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:

• 100% technical buy signals
• Trend Spotter buy signal
• Above ts 20, 50 and 100 day moving averages
• 10 new highs and up 36.82% in the last month
• Relative Strength Index 88.27%
• Technical support level at 63.28
• Recently traded at 64.96 with a 50 day moving average of 48.22

Fundamental factors:

• Market Cap $7.49 billion
• P/E 33.52
• Revenue expected to grow 5.40% this year and another 4.10% next year
• Earnings estimated to increase 13.30% this year, an additional 6.20% next year and continue to compound at an annual rate of 10.00% for the next 5 years
• Wall Street analysts issued 1 strong buy and 2 hold recommendations  on the stock

MORNING CALL 6/6

MORNING CALL

Monday, June 6th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Jun E-mini S&Ps (ESM16 +0.14%) are little changed, up +0.06%, as the markets await clues on Fed policy from a speech by Fed Chair Yellen later today, the last scheduled appearance by a Fed member ahead of the Jun 14-15 FOMC meeting. Strength in crude oil and metals prices is lifting energy producers and mining stocks and is giving stocks a lift. European stocks are down -0.10% after German Apr factory orders fell more than expected by the most in 9 months. European stocks were also under pressure and the British pound fell to a 3-week low against the dollar after latest polls showed more Britons favored exiting from the European Union. Asian stocks settled mixed: Japan -0.37%, Hong Kong +0.40%, China -0.16%, Taiwan +0.06%, Australia +0.78%, Singapore +0.78%, South Korea closed for holiday, India -0.24%.

The dollar index (DXY00 +0.13%) is up +0.22%. EUR/USD (^EURUSD) is down -0.28%. USD/JPY (^USDJPY) is up +0.60%.

Sep T-note prices (ZNU16 -0.12%) are down -4 ticks.

The latest ITV poll shows Britons favor leaving the European Union by 45% to 41%, which is fueling concern that the June 23 referendum could throw global markets into turmoil and undermine confidence in the EU. The IMF and OECD have warned of dire fallout if Britain votes to leave the EU, and Chicago Fed President Evans said the referendum is undermining confidence in the economic outlook at a time when the international economy is already losing momentum.

German Apr factory orders fell -2.0% m/m and -0.5% y/y, weaker than expectations of 0.5% m/m and +0.6% y/y with the -2.0% decrease the largest monthly decline in 9 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Fed Chair Janet Yellen speaks at a World Affairs Council of Philadelphia luncheon event, (2) USDA weekly grain export inspections, and (3) USDA Weekly Crop Progress.

There is one of the Russell 1000 companies that reports earnings today: Thor Industries (consensus $1.43).

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

Equity conferences this week include: BB&T Automotive Aftermarket Conference on Mon, RBC Capital Markets Energy and Power Executive Conference on Mon, Stifel WasteExpo Investor Summit on Mon, Goldman Sachs Lodging, Gaming Restaurant & Leisure Conference on Mon-Tue, RBC Global Energy & Power Executive Conference on Mon-Tue, Stifel Technology, Internet & Media Investor Conference on Mon-Tue, American Society of Clinical Oncology Annual Meeting on Mon-Thu, Bank of America Merrill Lynch Global Telecom & Media Conference on Tue, Goldman Sachs European Financials Conference on Tue, NAREIT REITWeek Investor Forum on Tue-Wed, Stephens Spring Investment Conference on Tue-Wed, Goldman Sachs Global Health Care Conference on Tue-Thu, Jefferies Global Health Care Conference on Tue-Thu, Baird Global Consumer, Technology and Services Conference on Tue-Thu, BioTechnology Industry Organization International Convention on Wed, Deutsche Bank Global Industrials and Materials Summit on Wed-Thu, Sandler O'Neill Global Exchange and Brokerage Conference on Wed-Thu, Gabelli & Company Movie & Entertainment Conference on Thu, Susquehanna Financial Group Energy and Industrials Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Wal-mart (WMT -0.11%) was upgraded to 'Buy' from 'Hold' at Jeffries with a 12-month price target of $82.

Harley-Davidson (HOG -0.78%) was downgraded to 'Neutral' from 'Buy' at Goldman Sachs.

Autohome (ATHM +0.93%) was rated a new 'Buy' at Brean Capital with a 12-month price target of $31.

Sturm Ruger & Co. (RGR -4.83%) was downgraded to 'Hold' from 'Buy' at BB&T Capital Markets.

Barracuda Networks (CUDA -0.23%) was downgraded to 'Market Underperform' from 'Market Perform' at JMP Securities.

Jazz Pharmaceuticals (JAZZ -2.08%) was rated a new 'Buy' at Goldman Sachs with a price target of $196.

Tyson Foods (TSN +0.97%) and Pilgrim's Pride (PPC +0.24%) were both downgraded to 'Market Perform' from 'Outperform' at BMO Capital Markets.

Synopsys (SNPS -0.71%) was rated a new 'Outperform' at RBC Capital Markets with a 12-month price target of $64.

American Equity Investment (AEL -3.29%) was upgraded to 'Overweight' from 'Neutral' at JPMorgan Chase.

Sempra Energy (SRE +2.56%) was downgraded to 'Neutral' and off the 'Conviction List' at Goldman Sachs.

MARKET COMMENTS

June E-mini S&Ps (ESM16 +0.14%) this morning are up +1.25 points (+0.06%). Friday's closes: S&P 500 -0.29%, Dow Jones -0.18%, Nasdaq -0.48%. The S&P 500 on Friday closed lower on concerns about the U.S. economy after the very weak +38,000 increase in U.S. May non-farm payrolls, less than expectations of +160,000 and the smallest increase in 5-1/2 years. In other weak economic data, the U.S. May ISM non-manufacturing index fell by-2.8 points to 52.9, weaker than expectations of -0.4 to 55.3 and the slowest pace of expansion in 2-1/4 years. Stocks found some support from reduced fears of Fed tightening after the weak payroll report and from the +1.9% rise in U.S. Apr factory orders, right on expectations and the biggest increase in 6 months.

September 10-year T-note prices (ZNU16 -0.12%) this morning are down -4 ticks. Friday's closes: TYU6 +1-3/32 points, FVU6 +21.75. Sep T-notes on Friday rallied to a 1-month high and closed higher on the weaker-than-expected U.S. May payroll report, which eliminated the chance of a rate hike at the upcoming June 14-15 FOMC meeting and substantially reduced the chances for a rate hike at the following meeting in July. T-notes were also boosted by the bigger-than-expected -2.8 point decline in the May ISM non-manufacturing index and by reduced inflation expectations after the 10-year T-note breakeven inflation rate fell to a 1-1/2 month low.

The dollar index (DXY00 +0.13%) this morning is up +0.208 (+0.22%). EUR/USD (^EURUSD) is down -0.0032 (-0.28%). USD/JPY (^USDJPY) is up +0.64 (+0.60%). Friday's closes: Dollar Index -1.535 (-1.61%), EUR/USD +0.0216 (+1.94%), USD/JPY -2.34 (-2.15%). The dollar index on Friday tumbled to a 3-week low on the reduced likelihood of a Fed rate hike after the very weak payroll report of +38,000. The dollar also saw weakness with the fall in USD/JPY to a 1-month low as stock weakness boosted the safe-haven demand for the yen.

July WTI crude oil (CLN16 +1.13%) this morning is up +51 cents (+1.05%). July gasoline (RBN16 +0.17%) is up +0.0013 (+0.08%). Friday's closes: CLN6 -0.55 (-1.12%), RBN6 -0.0271 (-1.66%). July crude and gasoline on Friday closed lower on economic concerns after U.S. May non-farm payrolls posted their smallest increase in 5-1/2 years. Crude oil also saw some continued weakness after OPEC on Thursday was unable to agree on a new production ceiling. Crude oil prices received some underlying support from the sharp -1.61% sell-off in the dollar index.

GLOBAL EVENT CALENDAR06/06/2016

		Monday, June 6
US	1100 ET	USDA weekly grain export inspections.
	1230 ET	Fed Chair Janet Yellen speaks at a World Affairs Council of Philadelphia luncheon event.
	1600 ET	USDA Weekly Crop Progress.
GER	0200 ET	German Apr factory orders expected -0.5% m/m and +0.5% y/y, Mar +1.9% m/m and +1.7% y/y.
	0330 ET	German May Markit construction PMI, Apr 53.4.
UK	0400 ET	UK May new car registrations, Apr +2.0% y/y.
	1901 ET	UK May BRC sales like-for-like expected +0.3% y/y, Apr -0.9% y/y.
EUR	0400 ET	ECB Vice President Vitor Constancio speaks at an international conference in Frankfurt.
	0430 ET	Eurozone Jun Sentix investor confidence expected +0.8 to 7.0, May 6.2.
		Tuesday, June 7
US	0830 ET	Final-Q1 non-farm productivity expected -0.6%, prelim-Q1 -1.0%. Final-Q1 unit labor costs expected +4.0%, prelim-Q1 +4.1%.
	1300 ET	Treasury auctions $24 billion of 3-year T-notes.
	1500 ET	Apr consumer credit expected +$18.0 billion, Mar +$29.674 billion.
JPN	0100 ET	Japan Apr leading index CI expected +1.4 to 100.7, Mar 99.3. Apr coincident index expected +1.6 to 112.7, Mar 111.1
	1950 ET	Revised Japan Q1 GDP expected +2.0% (q/q annualized), previous +1.7% (q/q annualized). Revised Q1 GDP deflator, previous +0.9% y/y.
GER	0200 ET	German Apr industrial production expected +0.7% m/m and +1.0% y/y, Mar -1.3% m/m and +0.3% y/y.
UK	0330 ET	UK May Halifax house prices expected +0.3% m/m and +8.9% 3-months through May y/y, Apr -0.8% m/m and +9.2% 3-months though Apr y/y.
EUR	0500 ET	Revised Eurozone Q2 GDP, preliminary +0.5% q/q and +1.5% y/y.
CHI	n/a	China May trade balance expected +$55.6 billion, Apr +$45.56 billion. May exports expected -4.2% y/y, Apr 1.8% y/y. May imports expected -6.8% y/y, Apr -10.9% y/y.

U.S. STOCK CALENDAR06/06/2016

Company	Ticker	Time	Event Description	Period	Estimate
Fastenal Co	FAST	7:00	May 2016 Sales and Revenue Release	2016
Medtronic PLC	MDT	8:00	Investor & Analyst Meeting	Y 2016
Thor Industries Inc	THO	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	1.432
Thor Industries Inc	THO	Aft-mkt	Q3 2016 Earnings Release	Q3 2016	1.432
UnitedHealth Group Inc	UNH		Annual General Meeting
Watsco Inc	WSO		Annual General Meeting
BioMarin Pharmaceutical Inc	BMRN		Annual General Meeting
GoPro Inc	GPRO		Annual General Meeting

MORNING CALL 4/18

MORNING CALL

Monday, April 18th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

Jun E-mini S&Ps (ESM16 -0.34%) are down -0.33% and European stocks are down -0.28% as crude oil prices (CLK16 -3.96%) tumbled -3.72% to a 1-week low after a weekend meeting in Doha between OPEC members ended without a deal on freezing crude production. Saudi Arabian Crown Prince Mohammed bin Salman said that Saudi Arabia would not restrain its production without commitments from other major oil producers including Iran, which has ruled out freezing its crude production for now. Stocks recovered from their worst levels after comments to the Financial Times from St. Louis Fed President Bullard signal he favors delaying additional interest rate increases. Asian stocks settled mostly lower: Japan -3.40%, Hong Kong -0.73%, China -1.44%, Taiwan -0.40%, Australia -0.40%, Singapore -0.21%, South Korea -0.21%, India +0.74%. Japanese stocks closed lower with a sell-off in insurance companies leading the overall market lower after earthquakes struck southern Japan. Exporter stocks also fell as USD/JPY fell back toward its recent 17-1/2 month low after the weekend G-20 meeting in Washington failed to show support for any intervention in currency markets to slow the yen's recent strength.

The dollar index (DXY00 -0.11%) is down -0.10%. EUR/USD (^EURUSD) up +0.19%. USD/JPY (^USDJPY) is down -0.38% after U.S. Treasury Secretary Lew late Friday said that foreign-exchange moves are "orderly," a signal that the U.S. doesn't view yen-selling intervention as warranted.

Jun T-note prices (ZNM16 +0.04%) are up +1.5 ticks.

St. Louis Fed President Bullard told the Financial Times the "the jobs report we got this month was very strong but the GDP tracking has moved down substantially for Q1 and to some extent for Q2." This supports arguments for patience in assessing whether to lift the benchmark U.S. rate.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) New York Fed President William Dudley gives opening remarks at a conference titled “The Transatlantic Economy: Convergence or Divergence” in New York, (2) Apr NAHB housing market index (expected +1 to 59, Mar unch at 58), and (3) Minneapolis Fed President Neel Kashkari's speech at an event hosted by the Minnesota Chamber of Commerce.

There are 8 of the S&P 500 companies that report earnings today: Morgan Stanley (consensus $0.47), IBM (2.09), Netflix (0.04), M&T Bank (1.87), JB Hunt Transport (0.85), PepsiCo (0.81), Hasbro (0.24), WW Grainger (2.85).

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

Equity conferences this week include: American Academy Of Neurology Meeting on Mon-Wed, American Association for Cancer Research Meeting on Mon-Wed, Rx Sample Management and logistics Summit on Tue-Wed.

OVERNIGHT U.S. STOCK MOVERS

ConocoPhillips (COP -1.18%) and Chevron (CVX -0.77%) are both down over 2% in pre-market trading as crude oil fell to a 1-week low after oil output talks between OPEC and non-OPEC members ended without a deal on freezing crude production.

Union Pacific (UNP -1.35%) was downgraded to 'Neutral' from 'Buy' at UBS>

Edison International (EIX +1.46%) and Exelon (EXC -1.63%) were both downgraded to 'Hold' from 'Buy' at Deutsche Bank.

Broadcom Ltd. (AVGO -2.10%) was rated a new 'Outperform' at Cowen with a price target of $190.

Apple (AAPL -2.01%) and Verizon Communications (VZ -0.02%) were both upgraded to 'Buy' from 'Hold' at Erste Group.

NetApp (NTAP -2.03%) was downgraded to 'Underperform' from 'Neutral' at Sterne Agee CRT.

Disney (DIS -0.04%) was upgraded to 'Buy' from 'Hold' at Pivotal Research Group LLC with a 12-month price target of $121.

Chemical Financial (CHFC +0.46%) reported Q1 adjusted EPS of 65 cents, higher than consensus of 63 cents.

Autoliv (ALV -0.57%) was downgraded to 'Sell' from 'Neutral' at Goldman Sachs.

Groupon (GRPN +3.85%) gained over 1% in after-hours trading after New Enterprise Associates reported a 7.7% stake in the company.

Autohome (ATHM +6.60%) fell over 1% in after-hours trading after it received a non-binding proposal from a consortium for $31.50/ADS, below Friday's closing price of $32.15.

Calumet Specialty Products (CLMT -7.39%) dropped nearly 3% in after-hours trading after it said it sees a Q1 net loss of $59 million-$83 million.

Zoe's Kitchen (ZOES +2.21%) rose over 1% in after-hours trading after the company dismissed PricewaterhouseCoopers LLP and appointed Deloitte & Touche LLP as its accountant.

MARKET COMMENTS

June E-mini S&Ps (ESM16 -0.34%) this morning are down -6.75 points (-0.33%). Friday's closes: S&P 500 -0.10%, Dow Jones -0.16%, Nasdaq -0.25%. The S&P 500 on Friday closed lower on the unexpected -0.3% decline in U.S. manufacturing production, weaker than expectations of +0.1%, and the unexpected -1.3 point fall in the Apr University of Michigan U.S. consumer sentiment index to a 7-month low of 89.7. Stocks received some support from the +8.94 point rise in the Apr Empire manufacturing index to a 15-month high of 9.56.

June 10-year T-note prices (ZNM16 +0.04%) this morning are up +1.5 ticks. Friday's closes: TYM6 +8.50, FVM6 +4.75. Jun T-notes on Friday closed higher on the weak Mar U.S. manufacturing production report of -0.3% m/m, the biggest decline in 13 months, and on reduced inflation expectations after the 10-year T-note breakeven inflation rate fell to a 1-month low.

The dollar index (DXY00 -0.11%) this morning is down -0.94 (-0.10%). EUR/USD (^EURUSD) is up +0.0021 (+0.19%). USD/JPY (^USDJPY) is down-0.41 (-0.38%). Friday's closes: Dollar Index -0.206 (-0.22%), EUR/USD +0.0016 (+0.14%), USD/JPY -0.64 (-0.59%). The dollar index on Friday closed lower on the weaker-than-expected U.S. economic data on Mar manufacturing production and Apr University of Michigan U.S. consumer sentiment, which may delay the Fed's next rate hike.

May WTI crude oil (CLK16 -3.96%) is down -$1.50 a barrel (-3.72%). May gasoline (RBK16 -2.26%) is down -0.0361 (-2.47%). Friday's closes: CLK6-1.14 (-2.75%), RBK6 -0.0397 (-2.64%). May crude and gasoline on Friday closed lower on the weaker-than-expected U.S. Mar industrial and manufacturing production, which was negative for energy demand, and on long liquidation pressure ahead of Sunday's oil-producer meeting in Doha.

GLOBAL EVENT CALENDAR04/18/2016

US	0830 ET	New York Fed President William Dudley gives opening remarks at a conference titled The Transatlantic Economy: Convergence or Divergence in New York.
	1000 ET	Apr NAHB housing market index expected +1 to 59, Mar unch at 58.
	1100 ET	USDA weekly grain export inspections.
	1230 ET	Minneapolis Fed President Neel Kashkari delivers speech at an event hosted by the Minnesota Chamber of Commerce.
	1600 ET	USDA Weekly Crop Progress.

U.S. STOCK CALENDAR04/18/2016

Company	Ticker	Time	Event Description	Period	Estimate
M&T Bank Corp	MTB US	Bef-mkt	Q1 2016 Earnings Release	Q1 2016	1.87
JB Hunt Transport Services Inc	JBHT US	Bef-mkt	Q1 2016 Earnings Release	Q1 2016	0.853
PepsiCo Inc	PEP US	6:30	Q1 2016 Earnings Release	Q1 2016	0.812
Hasbro Inc	HAS US	6:30	Q1 2016 Earnings Release	Q1 2016	0.239
Morgan Stanley	MS US	7:00	Q1 2016 Earnings Release	Q1 2016	0.467
WW Grainger Inc	GWW US	7:30	Q1 2016 Earnings Release	Q1 2016	2.845
WW Grainger Inc	GWW US	7:30	Q1 2016 Earnings Call	Q1 2016
PepsiCo Inc	PEP US	8:00	Q1 2016 Earnings Call	Q1 2016
Hasbro Inc	HAS US	8:30	Q1 2016 Earnings Call	Q1 2016
Morgan Stanley	MS US	8:30	Q1 2016 Earnings Call	Q1 2016
M&T Bank Corp	MTB US	11:00	Q1 2016 Earnings Call	Q1 2016
Netflix Inc	NFLX US	16:05	Q1 2016 Earnings Release	Q1 2016	0.037
International Business Machines Corp	IBM US	17:00	Q1 2016 Earnings Call	Q1 2016
Netflix Inc	NFLX US	17:00	Q1 2016 Earnings Call	Q1 2016
International Business Machines Corp	IBM US	Aft-mkt	Q1 2016 Earnings Release	Q1 2016	2.091