CyrusOne - Chart of the Day

CyrusOne (CONE) is the Barchart Chart of the Day.  The REIT has a trend spotter buy signal, a Weighted Alpha of 40.80+ and gained 33.05% in the last year.

The Chart of the Day belongs to CyrusOne (CONE).  I found the REIT by using Barchart to sort today's All Time High list first for the highest technical buy signals then I used the Flipchart feature to review the charts.

CyrusOne Inc. is a real estate investment trust engaged in providing enterprise data centre colocation, engineering facilities with the highest power redundancy (2N architecture) and power-density infrastructure services in the United States, Europe, and Asia. CyrusOne Inc. is headquartered in Carrollton, 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
• 12 new highs and up 13.96% in the last month
• Relative Strength Index 64.51%
• Technical support level at 39.70
• Recently traded at 39.97 with a 50 day moving average of 36.77

Fundamental factors:

• Market Cap $2.65 billion
• P/E 18.64
• Dividend yield 3.12%
• Revenue expected to grow 23.80% this year and another 14.60% next year
• Earnings estimated to increase 13.80% this year, an additional 16.60% next year and continue to increase at an annual rate of 15.00% for the next 5 years
• Wall Street analysts issued 5 strong buy, 9 buy and 4 hold recommendation on the stock.

BARCHART MORNING CALL 4/1

BARCHART MORNING CALL

Wednesday, April 1st, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.40%) this morning are down -0.08% ahead of today's Mar ADP employment change, while European stocks are up +1,25% at a 6-3/4 year high after Eurozone Mar manufacturing activity was revised higher to its fastest pace in 10 months. Global stocks also received support from an unexpected increase in the China Mar manufacturing PMI that climbed above the expand/contract 50.0 level. Asian stocks settled mixed: Japan -0,90%, Hong Kong +0.73%, China +1.79%, Taiwan -0.82%, Australia -0.52%, Singapore unch, South Korea -0.90%, India +1.08%. Japanese stocks fell after the Q1 Tankan large manufacturing business conditions came in weaker than expected, while Chinese stocks gained after the China Mar manufacturing activity unexpectedly expanded. Commodity prices are mixed. May crude oil (CLK15 -0.42%) is down -0.55% after the foreign ministers of Russia and Iran said consensus on major points of a nuclear accord were reached and a statement may be drafted today. May gasoline (RBK15 +0.46%) is up +0.40%. Jun gold (GCM15 +0.08%) is up +0.05%. May copper (HGK15 -0.49%) is up +0.35%. Agriculture prices are higher. The dollar index (DXY00 +0.06%) is down -0.07%. EUR/USD (^EURUSD) is up +0.24%. USD/JPY (^USDJPY) is down -0.02%. Jun T-note prices (ZNM15 +0.10%) are up +2 ticks.
The China Mar manufacturing PMI unexpectedly expanded +0.2 to 50.1, stronger than expectations of -0.2 to 49.7. The Mar non-manufacturing PMI fell -0.2 to 53.7 and matched Jan as the slowest pace of expansion in 14 months.
The Eurozone Mar Markit manufacturing PMI was revised upward by +0.3 to 52.2 from the previously reported 51.9, the fastest pace of expansion in 10 months.
The German Mar Markit/BME manufacturing PMI was revised upward by +0.4 to 52.8 from the previously reported 52.4, the fastest pace of expansion in 11 months.
UK Mar Markit manufacturing PMI rose +0.4 to 54.4, right on expectations and the fastest pace of expansion in 8 months.
The ECB Governing Council will consider extending the Emergency Liquidity Assistance, the funds that are keeping Greece afloat, after net withdrawals on Greek banks in March were 3 billion euros, according to two people familiar with the matter. This brings total outflows from Greek banks since October to 28 billion euros. Dependence on the emergency cash has surged since Feb when the ECB stopped allowing Greek government bonds to be used as collateral for its regular funding operations and deposits in Greek banks fell to their lowest in more than 10 years.
The Japan Q1 Tankan large manufacturing business conditions remained unchanged at 12 from Q4, weaker than expectations of +2 to 14.
The Japan Mar Markit/JMMA manufacturing PMI was revised down -0.1 to 50.3 from the originally reported 50.4, the slowest pace of expansion in 10 months.
Japan Mar vehicle sales fell -13.1% y/y, a smaller decline than the -14.2% y/y drop in Feb, but still the eighth consecutive month that vehicle sales have declined.

U.S. STOCK PREVIEW

Key news today includes (1) today's weekly MBA mortgage applications report, (2) today's Mar ADP employment change (expected +225,000 after Feb's +212,000), (3) the final-Mar Markit U.S. manufacturing PMI (expected unrevised at 55.3 after the prelim-March report showed a +0.2 point increase to 55.3), (4) today's Feb construction spending report (expected -0.1% m/m), (5) today's March ISM manufacturing index (expected -0.4 to 52.5, adding to Feb's decline of -0.6 to 52.9), (6) today's March total vehicle sales report (expected much higher at 16.90 million versus Feb's 16.16 million), and (7) today's comments by San Francisco Fed President John Williams and Atlanta Fed President Dennis Lockhart.
There are three of the Russell 1000 companies that report earnings today: Monsanto (consensus $2.93), Acuity Brands (1.05), and Micron Technology (0.73).
U.S. IPO's that are scheduled price today include: Axalta Coating Systems (AXTA), and Kornit Digital (KRNT). U.S. IPO's that start trading today include: GoDaddy (GDDY), CyrusOne (CONE), Coherus Biosciences (CHRS),
Equity conferences during the remainder of this week include: Bank of America Merrill Lynch New York Auto Summit on Wed, DUG Bakken and Niobrara Unconventional Oil Conference on Wed, Mitsubishi UFJ Financial Utilities Conference on Wed, New York Interational Auto Show-Press Days on Wed, and Goldman Sachs Biosimilars Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

American Airlines (AAL -1.60%) , Delta Air Lines (DAL -1.32%) and United Continental (UAL -1.38%) were all downgraded to 'Hold' from 'Buy' at Deutsche Bank.
Hewlett-Packard (HPQ -1.30%) was upgraded to 'Buy' from 'Hold' at Jefferies.
Pier 1 Imports (PIR +0.65%) was downgraded to 'Underweight' from 'Equal Weight' at Morgan Stanley.
Esperion (ESPR +0.61%) was initiated with a 'Buy' at UBS with a price target of $140.
Willbros Group (WG -3.22%) reported a Q4 EPS loss of -72 cents with items, weaker than consensus of a profit of 6 cents, and then lowered guidance on fiscal 2015 revenue to $1.40 billion to $1.60 billion, below consensus of $1.83 billion.
Burlington Stores (BURL +0.13%) filed to sell 12.49 million shares of common stock for holders.
Dyax (DYAX -1.76%) surged over 40% in after-hours trading after it announced positive results from its Phase 1b clinical trial of DX-2930 being developed for the prevention of hereditary angioedema.
Allstate (ALL +0.31%) was initiated with an 'Outperform' at Credit Suisse with a price target of $84.
Aon plc (AON -2.02%) was initiated with an 'Underperform' at Credit Suisse with a price target of $95.
UTi Worldwide (UTIW -1.91%) reported a Q4 EPS loss of -$1.02, much weaker than consensus of -8 cents.
SYNNEX (SNX -1.10%) reported Q1 EPS of $1.46, below consensus of $1.52, and then lowered guidance on Q2 EPS to $1.50-$1.56, weaker than consensus of $1.59.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.40%) this morning are down -1.75 points (-0.08%). Tuesday's closes: S&P 500 -0.88%, Dow Jones -1.11%, Nasdaq -1.12%. The U.S. stock market on Tuesday closed lower on the weaker-than-expected Mar Chicago PMI report of +0.5 to 46.3 (vs expectations of +6.2 to 52.0). In addition, commodity producers dragged down the overall U.S. stock indexes due to strength in the dollar index. Stocks received some support on Tuesady from the stronger-than-expected U.S. March U.S. consumer confidence report from the Conference Board of +2.5 to 101.3.
Jun 10-year T-notes (ZNM15 +0.10%) this morning are up +2 ticks. Tuesday's closes: TYM5 +10.00, FVM5 +6.50. T-note prices on Tuesday rallied due to the rally in German Bunds to a 1-week high on Eurozone deflation concerns with the Eurozone March core CPI dropping to match the record low of +0.6% y/y. T-notes also received a boost from the weaker-than-expected Chicago PMI report but were undercut by the stronger-than-expected U.S. consumer confidence index.
The dollar index (DXY00 +0.06%) this morning is down -0.069 (-0.07%). EUR/USD (^EURUSD) is up +0.0026 (+0.24%). USD/JPY (^USDJPY) is down -0.03 (-0.02%). Tuesday's closes: Dollar index +0.382 (+0.39%), EUR/USD -0.01019 (-0.94%), USD/JPY +0.059 (+0.05%). The dollar index on Tuesday rallied to a new 1-week high on dollar-support tied to the stronger-than-expected U.S. Mar consumer confidence index report of +2.5 to 101.3. In addition, EUR saw weakness on European deflation concerns as the Eurozone Mar core CPI fell to match a record low of +0.6% y/y.
May WTI crude oil (CLK15 -0.42%) this morning is down -26 cents (-0.55%) and May gasoline (RBK15 +0.46%) is up +0.0071 (+0.40%). Tuesday's closes: CLK5 -1.08 (-2.22), RBK5 -0.0227 (-1.26%). Crude oil and gasoline prices on Tuesday closed lower due to strength in the dollar index combined with expectations for another big 4.5 million bbl increase in U.S. crude oil inventories in Wednesday's EIA report. Crude oil prices also saw some weakness on the possibility of an Iranian nuclear deal, which could eventually lead to reduced sanctions on Iran and increased Iranian oil exports.

GLOBAL EVENT CALENDAR04/01/2015

US	0700 ET	Weekly MBA mortgage applications, previous +9.5% with purchase sub-index +4.9% and refi sub-index +12.3%.
	0815 ET	Mar ADP employment change expected +225,000, Feb +212,000.
	0900 ET	San Francisco Fed President John Williams moderates a panel at the Atlanta Feds financial markets conference on Financial Stability: How Essential Should Financial Stability be to Central Banks?
	0945 ET	Final-Mar Markit manufacturing PMI expected unrevised at 55.3, prelim-March +0.2 to 55.3.
	1000 ET	Feb construction spending expected -0.1% m/m, Jan -1.1% m/m.
	1000 ET	Mar ISM manufacturing index expected -0.4 to 52.5, Feb -0.6 to 52.9. Mar ISM new orders, Feb -0.4 to 52.5. Mar ISM employment, Feb -2.7 to 51.4. Mar ISM prices paid expected +3.0 to 38.0, Feb unch at 35.0.
	1030 ET	Atlanta Fed President Dennis Lockhart chairs a panel at the Atlanta Feds financial markets conference on Monetary Policy: Will the Traditional Banking Channel Remain Central to Monetary Policy?
	1030 ET	EIA Weekly Petroleum Status Report.
	n/a	Mar total vehicle sales expected 16.90 million, Feb 16.16 million. Mar domestic vehicle sales expected 13.50 million, Feb 12.87 million.
JPN	0100 ET	Japan Mar vehicle sales, Feb -14.2% y/y.
GER	0355 ET	Revised German Mar Markit/BME manufacturing PMI, previous +1.3 to 52.4.
EUR	0400 ET	Revised Eurozone Mar Markit manufacturing PMI, previous +0.9 to 51.9.
UK	0430 ET	UK Mar manufacturing PMI expected +0.3 to 54.4, Feb 54.1.

U.S. STOCK CALENDAR04/01/2015

Company	Ticker	Time	Event Description	Period	Estimate
Monsanto Co	MON US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	2.931
Acuity Brands Inc	AYI US	Bef-mkt	Q2 2015 Earnings Release	Q2 2015	1.054
Ford Motor Co	F US	9:15	March 2015 Sales and Revenue Release	2015
Monsanto Co	MON US	9:30	Q2 2015 Earnings Call	Q2 2015
Ford Motor Co	F US	10:00	March 2015 Sales and Revenue Call	2015
Wal-Mart Stores Inc	WMT US	10:00	Business Update Call
Acuity Brands Inc	AYI US	10:00	Q2 2015 Earnings Call	Q2 2015
Micron Technology Inc	MU US	16:30	Q2 2015 Earnings Call	Q2 2015
Micron Technology Inc	MU US	Aft-mkt	Q2 2015 Earnings Release	Q2 2015	0.733
Alliant Energy Corp	LNT US		Investors Meeting - Day 2	Y 2015

BARCHART MORNING CALL /

BARCHART MORNING CALL 

Tuesday, March 31st, 2015View Older Reports

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OVERNIGHT MARKETS AND NEWS

June E-mini S&Ps (ESM15 -0.53%) this morning are down -0.52% and European stocks are down -0.37% on giveback from Monday's sharp gains. Energy producers are lower as crude oil slides on speculation a nuclear deal may be reached with Iran, while European deflation concerns remain after Eurozone Mar core CPI rose at the slowest pace on record. On the positive side, the Eurozone Feb unemployment rate fell to a 2-3/4 year low and German Mar retail sales were stronger than expected. Asian stocks settled mixed: Japan -1.05%, Hong Kong +0.18%, China -0.90%, Taiwan +0.68%, Australia +0.78%, Singapore -0.21%, South Korea +0.46%, India -0.07%. Commodity prices are weaker. May crude oil (CLK15 -2.18%) is down -2.26% on speculation that Western nations are nearing a nuclear deal with Iran that could allow sanctions to be lifted and allow Iran to increase crude exports that would exacerbate a global supply glut. May gasoline (RBK15 -1.82%) is down -1.63% at a 1-week low. Apr gold (GCJ15 -0.10%) is down -0.10% at a 1-week low. May copper (HGK15 -1.28%) is down -1.49% at a 1-week low. Agriculture prices are mostly lower ahead of the USDA Quarterly Grain stocks and U.S. 2015 acreage estimates. The dollar index (DXY00 +0.44%) is up +0.51% at a 1-week high. EUR/USD (^EURUSD) is down -0.81% at a 1-week low. USD/JPY (^USDJPY) is down -0.17%. Jun T-note prices (ZNM15 +0.12%) are up +5 ticks.
The Eurozone Mar CPI estimate fell -0.1% y/y, right on expectations. The Mar core CPI rose +0.6% y/y, less than expectations of +0.7% y/y and matched January's gain as the slowest pace of increase since the data series began in 1997.
The Eurozone Feb unemployment rate fell -0.1 to 11.3% from an upward revised 11.4% in Jan, the lowest in 2-3/4 years.
The German Mar unemployment change fell -15,000 to 2.8 million, better than expectations of -12,000. The Mar unemployment rate unexpectedly fell -0.1 to 6.4%, better than expectations of no change at 6.5% and the lowest since data for a unified Germany began in 1991.
German Feb retail sales fell -0.5% m/m and rose +3.6% y/y, stronger than expectations of -0.7% m/m and +3.4% y/y.
UK Mar GfK consumer confidence rose +3 to 4, stronger than expectations of +1 to 2 and the highest in 12-3/4 years.
UK Mar Lloyds business barometer rose +8 to 53, the highest in 6 months.
UK Q4 GDP was revised upward to +0.6% q/q and +3.0% y/y from the originally reported +0.5% q/q and +2.7% y/y.
Japan Feb housing starts fell -3.1% annualized to 905,000, a smaller decline than expectations of -6.8% annualized to 877,000.
Japan Feb vehicle production fell -5.3% y/y, a smaller decline than the -9.7% y/y drop in Jan but still the eighth consecutive month production has declined.

U.S. STOCK PREVIEW

Key news today includes (1) today's deadline for a political agreement on the Iran nuclear talks, (2) today's Mar Milwaukee ISM index (expected +1.18 to 51.50 after Feb's -1.28 to 50.32), (3) today's Jan S&P/CaseShiller Composite-20 home price index (expected +0.7% m/m and +4.6% y/y after Dec's +0.87% m/m and +4.46% y/y), (4) today's Mar Chicago PMI (expected +6.0 to 51.8 after Feb's -13.6 to 45.8), (5) today's Mar U.S. consumer confidence index from the Conference Board (expected unchanged at 96.4 after Feb's -7.4 to 96.4), and (6) comments by four different Fed officials.
None of the Russell 1000 companies report earnings today.
U.S. IPO's that price today include: GoDaddy (GDDY), Infraredx (REDX), Wowo (WOWO), AutoGenomics (AGMX), Mylan (MYL), Media General (MEG), CyrusOne (CONE), Insmed (INSM). There are U.S. IPO's that start trading today.
Equity conferences during the remainder of this week include: Bank of America Merrill Lynch New York Auto Summit on Wed, DUG Bakken and Niobrara Unconventional Oil Conference on Wed, Mitsubishi UFJ Financial Utilities Conference on Wed, New York Interational Auto Show-Press Days on Wed, and Goldman Sachs Biosimilars Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

Schlumberger (SLB +1.40%) was downgraded to 'Market Perform' from 'Outperform' at Wells Fargo.
Credit Suisse reiterates its 'Outperform' rating on UnitedHealth (UNH +2.53%) and raised its price target on the stock to $135 from $120.
Reliance Steel (RS +2.83%) was upgraded to 'Outperform' from 'Neutral' at Credit Suisse.
D.R. Horton (DHI +2.11%) was upgraded to 'Positive' from 'Neutral' at Susquehanna.
SAIC (SAIC +2.47%) reported Q4 EPS of 75 cents, better than consensus of 71 cents.
Priceline (PCLN +1.29%) was upgraded to 'Buy' from 'Hold' at Stifel.
Horizon Pharma (HZNP +18.20%) was upgraded to 'Overweight' from 'Neutral' at Piper Jaffray.
Sensient (SXT +1.37%) was initiated with a 'Buy' at BB&T with a price target of $81.
Tesla (TSLA +3.01%) rose over 1% in after-hours trading after Bloomberg reported that March China sales were up 130%-150% month-over-month.
Gabelli reported a 5.56% stake in Jason Industries (JASN +0.29%) .
Teck Resources (TCK +10.17%) slid nearly 5% in after-hours trading after it said it is not in talks with Antofagasta regarding a possible merger.
HCP (HCP +3.94%) was upgraded to 'Buy' from 'Neutral' at UBS.

MARKET COMMENTS

Jun E-mini S&Ps (ESM15 -0.53%) this morning are down -10.75 points (-0.52%). Monday's closes: S&P 500 +1.22%, Dow Jones +1.49%, Nasdaq +1.15%. The S&P 500 index on Monday rallied sharply on support from a rally in Chinese stocks and hopes for another Chinese interest rate cut or other stimulus measures after China's central bank chief call for more measures to spur growth. Stocks also received a boost from the stronger-than-expected U.S. Feb pending home sales report (+3.1% m/m and +12.0% y/y) and M&A activity with acquisitions announced by UnitedHealth and Teva Pharma.
Jun 10-year T-notes (ZNM15 +0.12%) this morning are up +5 ticks. Monday's closes: TYM5 -3.00, FVM5 -0.75. T-note prices on Monday closed mildly lower due to the stronger-than-expected Feb core PCE deflator report of +1.4% y/y and the U.S. pending home sales report of +3.1% m/m. T-notes were also undercut by reduced safe-haven demand caused by the rally in stocks.
The dollar index (DXY00 +0.44%) this morning is up +0.496 (+0.51%) at a 1-wwek high. EUR/USD (^EURUSD) is down -0.0088 (-0.81%) at a 1-week low. USD/JPY (^USDJPY) is down -0.20 (-0.17%). Monday's closes: Dollar index +0.684 (+0.70%), EUR/USD -0.00547 (-0.50%), USD/JPY +0.966 (+0.81%). The dollar index rallied fairly sharply on Monday due to the stronger-than-expected U.S. pending home sales report, which indicates some signs of life in the housing market that could accelerate a Fed interest rate cut.
May WTI crude oil (CLK15 -2.18%) this morning is down -$1.10 a barrel (-2.26%) and May gasoline (RBK15 -1.82%) is down -0.0293 (-1.63%) at a 1-week low. Monday's closes: CLK5 -0.19 (-0.39), RBK5 -0.0025 (-0.14%). Crude oil and gasoline prices on Monday closed mildly lower due to the rally in the dollar and the remote chance that a last-minute agreement might be reached on Iran's nuclear program. Crude oil received some underlying support from the rally in global stocks and on hopes for additional Chinese stimulus.

GLOBAL EVENT CALENDAR03/31/2015

US	0800 ET	Richmond Fed President Jeffrey Lacker speaks on the economic outlook at the Greater Richmond Chamber of Commerces Spring Regional Forum.
	0850 ET	Atlanta Fed President Dennis Lockhart delivers welcoming address at the Atlanta Feds financial markets conference.
	0900 ET	Cleveland Fed President Loretta Mester moderates a panel at the Atlanta Feds financial markets conference on the Future of Banks: Will Commercial Banks Remain Central to the Financial System?
	0900 ET	Mar Milwaukee ISM expected +1.18 to 51.50, Feb -1.28 to 50.32.
	0900 ET	Jan S&P/CaseShiller composite-20 home price index expected +0.7% m/m and +4.6% y/y, Dec +0.87% m/m and +4.46% y/y.
	0945 ET	Mar Chicago PMI expected +6.0 to 51.8, Feb -13.6 to 45.8.
	1000 ET	Mar consumer confidence index (Conference Board) expected unchanged at 96.4, Feb -7.4 to 96.4.
	1200 ET	USDA Q1 Quarterly Grain Stocks and prospective planting acreage.
	1500 ET	Kansas City Fed President Esther George speaks at the Council for Economic Education on the Update from the Fed.
JPN	0000 ET	Japan Feb vehicle production, Jan -9.7% y/y.
	0100 ET	Japan Feb housing starts expected -6.8% annualized to 877,000, Jan -13.0% annualized to 864,000.
	0100 ET	Japan Feb construction orders, Jan +27.5% y/y.
	1950 ET	Japan Q1 Tankan large manufacturing business conditions expected +2 to 14, Q4 12.
	2135 ET	Revised Japan Mar Markit/JMMA manufacturing PMI, previous -1.2 to 50.4.
GER	0200 ET	German Feb retail sales expected -0.7% m/m and +3.4% y/y, Jan +2.3% m/m and +5.3% y/y.
	0355 ET	German Mar unemployment change expected -12,000, Feb -20,000. Mar unemployment rate expected unch at 6.5%.
UK	0430 ET	Revised UK Q4 GDP, previous +0.5% q/q and +2.7% y/y.
	0430 ET	UK Jan index of services expected +0.3% m/m and +0.8% 3-mo/3-mo, Dec +0.6% m/m and +0.8% 3-mo/3-mo.
	0430 ET	UK Mar Lloyds business barometer, Feb -7 to 45.
EUR	0500 ET	Eurozone Mar CPI estimate expected -0.1% y/y, Feb -0.3% y/y. Mar core CPI expected +0.7% y/y, Feb +0.7% y/y.
	0500 ET	Eurozone Feb unemployment rate expected unch at 11.2%.
CHI	2100 ET	China Mar manufacturing PMI expected -0.2 to 49.7, Feb +0.1 to 49.9. Mar non-manufacturing PMI, Feb +0.2 to 53.9.

U.S. STOCK CALENDAR03/31/2015

Company	Ticker	Time	Event Description	Period	Estimate
Mosaic Co/The	MOS US	7:30	Analyst Day	Y 2015
Air Products & Chemicals Inc	APD US	10:00	Investor Day	Y 2015
Alliant Energy Corp	LNT US		Investor Meeting - Boston	Y 2015