My 5 Favorite Mid Cap Stocks

Today I wanted to find 5 Mid Cap Stocks that not only made great returns in the last year but still seemed to have some more upside momentum.  I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  Next I used the Flipchart feature to make sure they consistently traded above their 20, 50 and 100 day moving averages.  My Watch List today includes:

Take-Two Interactive (TTWO), IPG Photonics (IPGP), Cognex (CGNX), First Solar (FSLR) and NVR (NVR).

Take-Two Interactive (TTWO)

Barchart technical indicators:

• 149.15+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 12.32% in the last month
• Relative Strength Index 67.54%
• Technical support level at 113.61
• Recently traded at 115.24 with a 50 day moving average of 103.82

IPG Photonics (IPGP)

Barchart technical indicators:

• 141.76+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 15.42% in the last month
• Relative Strength index 73.08%
• Technical support level at 214.81
• Recently traded at 222.44 with a 50 day moving average of 194.42

Cognex (CGNX)

Barchart technical indicators:

• 137.52+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 18 new highs and up 16.38% in the last month
• Relative Strength Index 79.45%
• Technical support level at 133.07
• Recently traded at 136.49 with a 50 day moving average of 118.15

First Solar (FSLR)

Barchart technical indicators:

• 124.11+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 29.35% in the last month
• Relative Strength Index 68.48%
• Technical support level at 59.88
• Recently traded at 61.71 with a 50 day moving average of 50.30

NVR Inc (NVR)

Barchart technical indicators:

• 108.33+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 13.25% in the last month
• Relative Strength Index 68.15%
• Technical support level at 3234.94
• Recently traded at 3291.55 with a 50 day moving average of 2970.65

#TTWO #IPGP #CGNX #FSLR #NVR

5 Great Mid Caps

This morning I wanted to find 5 Mid Cap stocks with good price appreciation that still had current price momentum.  I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then for technical buy signals of at least 80%.  As always I use d the Flipchart feature to review the charts for consistent price appreciation.  Today's Watch List includes:

Chemours (CC), Take-Two Interactive Software (TTWO), IPG Photonics (IPGP), Brink's (BCO) and Cognex (CGNX)

Chemours (CC)

Barchart technical indicators:

• 224.70+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 9.56% n the last month
• Relative Strength Index 70.70%
• Technical support level at 54.00
• Recently traded at 54.57 with a 50 day moving average of 49.25

Take-Two Interactive Software (TTWO)

Barchart technical indicators:

• 147.81+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 4.10% in the last month
• Relative Strength Index 60.23%
• Technical support level at 105.12
• Recently traded at 103.66 with a 50 day moving average of 95.94

IPG Photonics (IPGP)

Barchart technical indicators:

• 135.60+ Weighted Alpha
• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 12.08% in the last month
• Relative Strength Index 77.75%
• Technical support level at 190.94
• Recently traded at 194.56 with a 50 day moving average of 174.36

Brink's (BCO)

Barchart technical indicators:

• 125.70+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 4.14% in the last month
• Relative Strength Index 66.09%
• Technical support level at 83.39
• Recently traded at 84.20 with a 50 day moving average of 79.15

Cognex (CGNX)

Barchart technical indicators:

• 121.02 Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 8.00% in the last month
• Relative Strength Index 68.94%
• Recently traded at 116.57 with a 50 day moving average of 107.43

#CC #TTWO #IPGP #BCO #GCNC

5 Great Mid Caps

Today I wanted to find 5 Mid Cap stocks that had a high gain over the last year and continue to have current momentum.  I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signals of 80% or more.  I then use the Flipchart feature to fond the chart I really like.  Today's Watch List includes:

Take-Two (TTWO), IPG Photonics (IPGP), Terex (TEX), Dana (DAN) and NVR Inc (NVR)

Take-Two (TTWO)

Barchart technical indicators:

• 134.56+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 10.33% in the last month
• Relative Strength Index 69.90%
• Technical support level at 101.06
• Recently traded at 101.55 with a 50 day moving average of 89.86

IPG Photonics (IPGP)

Barchart technical indicators:

• 124.89+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 10.59% in the last month
• Relative Strength Index 76.27%
• Technical support level at 182.71
• Recently traded at 183.50 with a 50 day moving average of 165.67

Terex (TEX)

Barchart technical indicators:

• 89.50+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving average
• 13 new highs and up 17.85% in the last month
• Relative Strength Index 76.71%
• Technical support level at 44.02
• Recently traded at 44.09 with a 50 day moving average of 39.22

Dana (DAN)

Barchart technical indicators:

• 79.77+ Weighted Alpha
• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 12 new highs and up 17.76% in the last month
• Relative Strength Index 81.50%
• Technical support level at 26.55
• Recently traded at 26.85 with a 50 day moving average of 23.98

NVR Inc (NVR)

Barchart technical indicators:

• 75.49+ Weighted Alpha
• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 4.47% in the last month
• Relative Strength Index 59.96%
• Technical support level at 2804.77
• Recently traded at 2799.93 with a 50 day moving average of 2682.49

#TTWO #IPGP #TEX #DAN #NVR

Morning Call 9/20

Barchart Morning Call

Barchart.com - 1 hour ago

OVERNIGHT MARKETS AND NEWS

Dec E-mini S&Ps (ESZ17 +0.03%) this morning are unchanged ahead of the conclusion of the 2-day FOMC meeting today and expected announcement by the Fed of how and when they will reduce their balance sheet. Strength in energy stocks is limiting losses in the overall market with Nov WTI crude oil (CLX17 +1.16%) up +1.16%. Crude prices rose after data late Tuesday from the API showed U.S. crude supplies rose +1.44 million bbl last week, less than expectations of a +3.9 million bbl increase. Also, API reported that U.S. gasoline stockpiles fell -5.06 million bbl last week, more than double expectations for a -2.09 million bbl draw. Global stock markets also found support on optimism in the world economy after the OECD predicted that global 2017 GDP will climb to 3.5%, up from 3.1% in 2016. European stocks are down slightly by -0.15%, as weakness in exporters leads the overall market lower after EUR/USD climbed to a 1-week high. Asian stocks settled mixed: Japan +0.05%, Hong Kong +0.27%, China +0.27%, Taiwan -0.54%, Australia -0.08%, Singapore -0.24%, South Korea -0.01%, India -0.01%. Japan's Nikkei Stock Index eked out a new 2-year high today and found support on strength in the Japanese economy after Japan Aug exports rose a more-than-expected +18.1% y/y, the biggest increase in 3-3/4 years.

The dollar index (DXY00 -0.13%) is down -0.10%. EUR/USD (^EURUSD) is up +0.10% at a 1-week high. USD/JPY (^USDJPY) is down -0.30%.

Dec 10-year T-note prices (ZNZ17 +0.09%) are up +5 ticks.

The Organization for Economic Cooperation and Development (OECD) said that the global economy is getting stronger and more stable and predicts global 2017 GDP of 3.5%, up from 3.1% in 2016, and expanding to 3.7% in 2018, the strongest since 2011.

German Aug PPI rose +0.2% m/m and +2.6% y/y, stronger than expectations of +0.1% m/m and +2.5% y/y.

The Japan Aug trade balance shrank to a surplus of 113.6 billion yen, wider than expectations of +104.4 billion yen. Aug exports rose +18.1% y/y, stronger than expectations of +14.3% y/y and the largest increase in 3-3/4 years. Aug imports rose +15.2% y/y, stronger than expectations of +11.6% y/y.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous +9.9% with purchase sub-index +10.9% and refi sub-index +8.9%), (2) Aug existing home sales (expected +0.4% to 5.46 million, Jul -1.3% to 5.44 million), (3) FOMC policy decision (no change expected to 1.00%-1.25% fed funds target range but Fed may announce the start date of its balance sheet reduction program), (4) EIA weekly Petroleum Status Report.

Notable Russell 1000 earnings reports today include: General Mills (consensus $0.77).

U.S. IPO's scheduled to price today: Oasis Mainstream Partners (OMP).

Equity conferences this week: D.A. Davidson Engineering & Construction Conference on Wed, Electronic Design Process Symposium on Thu.

OVERNIGHT U.S. STOCK MOVERS

Take-Two Interactive Software (TTWO +1.55%) was initiated as a 'Buy' at Buckingham Research Group with a 12-month target price of $120.

Activision Blizzard (ATVI +0.17%) was initiated as a 'Buy' at Buckingham Research Group with a 12-month target price of $79.

Intuit (INTU +1.07%) was recommended as a new 'Buy' at Argus Research with a price target of $165.

AAR Corp (AIR +3.17%) reported Q1 EPS from continuing operations of 31 cents, right on consensus, although Q1 sales of $439.2 million were better than consensus of $412 million

ServiceMaster Global Holdings (SERV +0.21%) was initiated a new 'Outperform' at Oppenheimer with a 12-month target price of $55.

Evolent Health (EVH -4.86%) was initiated a new 'Overweight' at KeyBanc Capital Markets with a 12-month target price of $23.

Bed Bath & Beyond (BBBY -0.99%) sank over 12% in after-hours trading after it reported Q2 EPS of 67 cents, below consensus of 95 cents as Q2 comparable sales fell -2.6%, weaker than expectations of -0.6%.

Adobe Systems (ADBE +0.53%) slid 3% in after-hours trading after it said it sees Q4 experience cloud revenue growth slowing to about 17% y/y compared with 26% y/y in Q3.

FedEx (FDX +0.43%) lost almost 2% in after-hours trading after it reported Q1 adjusted EPS of $2.51, well below consensus of $3.00, and then lowered on guidance on full-year adjusted EPS to $12.00 to $12.80 from a prior view of $13.20 to $14.00.

Analogic (ALOG -1.75%) fell 3% in after-hours trading after it reported Q4 net revenue of $111.6 million, below consensus of $115.5 million.

Cymabay Therapeutics (CBAY unch) rose almost 4% in after-hours trading after it was initiated a new 'Overweight' at Cantor Fitzgerald with a price target of $16.

Memphite Therapeutics (GEMP +5.93%) climbed 11% in after-hours trading after it said its gemcabene achieved the primary endpoint in two recently completed Phase 2b studies for the treatment of hypercholesterolemia.

Ivanka Therapeutics (IOVA +3.64%) tumbled 6% in after-hours trading after it announced that it intends to offer $50 million of its common stock.

CSci Therapeutics (KOOL +4.31%) surged 16% in after-hours trading after it said its full-year profit margin was 40% versus 23% y/y.

MARKET COMMENTS

Dec S&P 500 E-mini stock futures (ESZ17 +0.03%) this morning are unch. Tuesday's closes: S&P 500 +0.11%, Dow Jones +0.18%, Nasdaq +0.17%. The S&P 500 on Tuesday closed higher on reduced market anxiety after the VIX volatility index dropped to a 6-week low. Stocks were boosted by the unexpected +5.7% increase in U.S. Aug building permits, a proxy of future home construction, to a 2-year high of 1.3 million units, stronger than expectations of -0.8% to 1.22 million. Stocks were undercut by long liquidation pressures ahead of the results of the 2-day FOMC meeting on Wednesday where the Fed is expected to announce the start date for its balance sheet reduction program.

Dec 10-year T-note prices (ZNZ17 +0.09%) this morning are up +5 ticks. Tuesday's closes: TYZ7 -3.00, FVZ7 -1.50. Dec 10-year T-notes on Tuesday fell to a 1-month low and closed lower on the stronger-than-expected U.S. Aug building permits report of +5.7% to a 2-year high and on reduced safe-haven demand with the higher close in stocks.

The dollar index (DXY00 -0.13%) this morning is down -0.095 (-0.10%). EUR/USD (^EURUSD) is up +0.0012 (+0.10%) at a 1-week high and USD/JPY (^USDJPY) is down -0.33 (-0.30%). Tuesday's closes: Dollar Index -0.204 (-0.22), EUR/USD +0.0040 (+0.33%), USD/JPY +0.02 (+0.02%). The dollar index on Tuesday closed lower on strength in EUR/USD which rose to a 1-week high after the German Sep ZEW economic expectations index rose by a stronger-than-expected +7.0 to 17.0. The dollar was also undercut by the U.S. Q2 current account deficit report of -$123.1 billion, which was wider than expectations of -$116.0 billion and the largest deficit in 8-1/2 years.

Nov crude oil (CLX17 +1.16%) this morning is up +58 cents (+1.16%) and Nov gasoline (RBX17 +0.35%) is +0.0081 (+0.50%). Tuesday's closes: Nov WTI crude -0.45 (-0.89%), Nov gasoline -0.0107 (-0.66%). Nov crude oil and gasoline on Tuesday closed lower on expectations that Wednesday's EIA data will show U.S. crude inventories rose +3.4 million bbl and on weakness in the crack spread, which reduces incentive for refineries to purchase crude to refine into gasoline. Crude oil prices were supported by comments from Iraqi Oil Minister Jabbar al-Luaibi who said OPEC should cut its oil output by an additional 1% to help rebalance the global oil market.

Metals prices this morning are higher with Dec gold (GCZ17 +0.58%) +8.8 (+0.67%), Dec silver (SIZ17 +0.70%) +0.151 (+0.87%) and Dec copper (HGZ17 +0.42%) +0.014 (+0.45%). Tuesday's closes: Dec gold -0.2 (-0.02%), Dec silver +0.123 (+0.72%), Dec copper +0.0005 (+0.02%). Metals on Tuesday settled mixed. Metals prices were supported by the weaker dollar and by the unexpected increase in U.S. Aug building permits to the most in 2 years, which is positive for future copper demand. Gold closed lower as a rally in stocks reduced safe-haven demand for gold.

GLOBAL EVENT CALENDAR09/20/2017

		Wednesday, Sep 20
US	0700 ET	Weekly MBA mortgage applications, previous +9.9% with purchase sub-index +10.9% and refi sub-index +8.9%.
	1000 ET	Aug existing home sales expected +0.4% to 5.46 million, Jul -1.3% to 5.44 million.
	1030 ET	EIA weekly Petroleum Status Report.
	1400 ET	FOMC announces policy decision; no change expected to 1.00%-1.25% fed funds target range but Fed may announce the start date of its balance sheet reduction program.
		Thursday, Sep 21
US	0830 ET	Weekly initial unemployment claims expected +16,000 to 300,000, previous -14,000 to 284,000. Weekly continuing claims expected +31,000 to 1.975 million, previous -7,000 to 1.944 million.
	0830 ET	Sep Philadelphia Fed business outlook index expected -1.7 to 17.2, Aug -0.6 to 18.9.
	0830 ET	USDA weekly Export Sales.
	0900 ET	Jul FHFA house price index expected +0.4% m/m, Jun +0.1% m/m.
	1000 ET	Aug leading indicators expected +0.3%, Jul +0.3%.
	1100 ET	Treasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $13 billion), 5-year T-notes (previous $34 billion) and 7-year T-notes (previous $28 billion) to be auctioned Sep 26-28.
	1300 ET	Treasury auctions $11 billion 10-year TIPS.

U.S. STOCK CALENDAR09/20/2017

Name	Ticker	Time	Description	Period	Estimate
General Mills Inc	GIS US	7:00	Q1 2018 Earnings Release	Q1 18	0.765
General Mills Inc	GIS US	8:30	Q1 2018 Earnings Call	Q1 18
Pilgrim's Pride Corp	PPC US	10:30	Analyst Day
Copart Inc	CPRT US	11:00	Q4 2017 Earnings Call	Q4 17
Equifax Inc	EFX US		Investor Meeting
Equifax Inc	EFX US		Investor Meeting
Ameren Corp	AEE US		Fixed Income Meeting
First American Financial Corp	FAF US	20:00	Annual General Meeting

5 Mid Cap Picks

Today I wanted to find 5 Mid Cap Stocks with current momentum, so I used Barchart to sort the S&P 400 Mid Cap Index stocks first for the highest Weighted Alpha, then again for technical buy signal s of 80% or more.  Today's Watch List includes:

Take-Two International (TTWO), Cognex (CGNX), IPG Photonics (IPGP), Aaron's (AAN), and NVR Inc. (NVR)

Take-Two International (TTWO)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 13 new highs and up 18.79% in the last month
• Relative Strength Index 69.48%
• Technical support level at 90.93
• Recently traded at 90.55 with a 50 day moving average of 78.50

Cognex (CGNX)

Barchart technical  indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 16.43% in the last month
• Relative Strength Index 65.72%
• Technical support level at 103.08
• Recently traded at 104.17 with a 50 day moving average of 93.51

IPG Photonics (IPGP)

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 8.52% in the last month
• Relative Strength Index 68.43%
• Technical support level at 165.60
• Recently traded at 168.74 with a 50 day moving average of 151.47

Aaron's (AAN)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 19.89% in the last month
• Relative Strength Index 63.27%
• Technical support level at 45.24
• Recently traded at 45.19 with a 50 day moving average of 40.78

NVR Inc (NVR)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 8.16% in the last month
• Relative Strength Index 64.19%
• Technical support level at 2713.63
• Recently traded at 2735.00 with a 50 day moving averages of 2533.32

Morning Call 8/3

Barchart Morning Call

Barchart.com - Thu Aug 3, 7:09AM CDT

OVERNIGHT MARKETS AND NEWS

Sep E-mini S&Ps (ESU17 -0.03%) this morning are down -0.06% as the market consolidates this week's gains. European stocks recovered from a 1-week low and are up +0.13% on stronger-than-expected Eurozone Jun retail sales and on an upbeat economic bulletin from the ECB that points to "broad-based growth in the Eurozone in the near term." As expected, the BOE voted 6-2 to keep its benchmark rate at 0.25% and voted 8-0 to maintain its asset-purchase target at 435 billion pounds following today's policy meeting. However, GBP/USD fell back from a 10-1/2 month high and is down -0.41% after the BOE cut its UK 2017 GDP forecast to 1.7% from a prior forecast of 1.9% and lowered its UK 2018 GDP estimate to 1.6% from 1.7%. Asian stocks settled lower: Japan -0.25%, Hong Kong -0.28%, China -0.37%, Taiwan -0.47%, Australia -0.16%, Singapore -0.18%, South Korea -1.70%, India -0.74%.

The dollar index (DXY00 +0.11%) is up +0.15%. EUR/USD (^EURUSD) is down -0.13%. USD/JPY (^USDJPY) is down -0.14%.

Sep 10-year T-note prices (ZNU17 +0.10%) are little changed, up +0.5 of a tick.

The ECB said in its monthly economic bulletin that "incoming data, notably survey results, continue to point to solid, broad-based growth in the Eurozone in the near term."

Eurozone Jun retail sales rose +0.5% m/m and +3.1% y/y, stronger than expectations of unch m/m and +2.5% y/y, with the +3.1% y/y gain the largest year-on-year increase in 23-months.

The UK Jul Markit/CIPS services PMI rose +0.4 to 53.8, stronger than expectations of +0.2 to 53.6.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Jul Challenger job cuts (Jun -19.3% y/y), (2) weekly initial unemployment claims (expected -2,000 to 242,000, previous +10,000 to 244,000) and continuing claims (expected -6,000 to 1.958 million, previous -13,000 to 1.964 million), (3) final-Jul Markit U.S. services PMI (expected unch at 54.2, prelim-Jul unch at 54.2), (4) Jul ISM non-manufacturing (expected -0.5 to 56.9, Jun +0.5 to 57.4), (5) Jun factory orders (expected +3.0%, May -0.8% and -0.3% ex transportation), (6) USDA weekly Export Sales.

Notable S&P 500 earnings reports today include: Kellogg (consensus $0.92), Apache (-0.01), NRG Energy (0.05), Church & Dwight (0.39), Fluor (0.60), Yum Brands (0.62), ICE (0.76), Global Payments (0.92), Kraft Heinz (0.95), Duke Energy (1.01), Motorola Solutions (1.04), Viacom (1.05), Stericycle (1.13), Clorox (1.49), Aetna (2.34), Regeneron (3.17).

U.S. IPO's scheduled to price today: Clementia Pharmaceuticals (CMTA), Venator Materials (VNTR).

Equity conferences this week: UBS Transport Conference on Thu.

OVERNIGHT U.S. STOCK MOVERS

• Prudential Financial (PRU +0.73%) lost 2% in after-hours trading after it reported Q2 adjusted operating EPS of $2.09, well below consensus of $2.70.
• Wyndham Worldwide (WYN -2.19%) rose 5% in after-hours trading after it said it will split up into two separate businesses, a hotel operation called Wyndham Hotel Group and a timeshare business called Wyndham Vacation.
• Oshkosh (OSK +5.36%) was upgraded to 'Buy' from 'Hold' at Drexel Hamilton LLC with a 12-month target price of $83.
• American International Group (AIG +0.64%) gained almost 2% in after-hours trading after it reported Q2 operating EPS of $1.53, higher than consensus of $1.20.
• Hologic (HOLX -0.75%) slid nearly 5% in after-hours trading after it said it sees full-year revenue of $3.04 billion-$3.06 billion, below consensus of $3.07 billion.
• Central Garden & Pet Co (CENT -2.30%) jumped 12% in after-hours trading after it reported Q3 EPS of 62 cents, above consensus of 51 cents, and then said it now sees fiscal 2017 adjusted EPS of at least $1.44, above a May 3 estimate of at least $1.37.
• Molina Healthcare (MOH -0.99%) dropped over 7% in after-hours trading after it said it will stop selling Obamacare plans in Utah and Wisconsin in 2018 and will reduce its presence in Washington as it cuts 10% of its workforce, or 1,500 jobs by year-end amid restructuring efforts.
• Take-Two Interactive Software (TTWO -0.68%) rallied 13% in after-hours trading after it reported Q1 adjusted EPS of 41 cents, well above consensus of 19 cents, and then raised guidance on fiscal 2018 adjusted EPS to $1.95-$2.16 from a May 23 view of $1.40-$1.65.
• Sturm Ruger & Co. (RGR +0.09%) tumbled over 12% in after-hours trading after it said Q2 net sales declined -22% and Q2 EPS dropped to 57 cents from $1.22 a share y/y.
• Trinseo (TSE +1.20%) slumped over 13% in after-hours trading after it reported Q2 adjusted EPS of $1.39, well below consensus of $1.82, and then said it sees Q3 adjusted EPS of $1.10-$1.28, weaker than consensus of $1.78.
• SolarEdge Technologies (SEDG -1.93%) surged 20% in after-hours trading after it reported Q2 adjusted EPS of 55 cents, better than consensus of 37 cents, and then said it sees Q3 revenue of $155 million-$165 million, higher than consensus of $131.7 million.
• Health Insurance Innovations (HIIQ +0.19%) climbed 7% in after-hours trading after it reported Q2 adjusted EPS of 46 cents, above consensus of 34 cents, and then raised guidance on full-year adjusted EPS to $1.45 -$1.55 from a prior view of $1.40-$1.50.
• Century Aluminum (CENX +0.30%) dropped over 10% in after-hours trading after it reported Q2 adjusted EPS of 1 cent, much weaker than consensus of 22 cents.
• Fitbit (FIT -0.20%) rose nearly 5% in after-hours trading after it reported Q2 revenue of $353.3 million. above consensus of $341.2 million.

MARKET COMMENTS

Sep S&P 500 E-mini stock futures (ESU17 -0.03%) this morning are down -1.50 points (-0.06%). Wednesday's closes: S&P 500 +0.05%, Dow Jones +0.24%, Nasdaq +0.32%. The S&P 500 on Wednesday closed slightly higher on strength in technology companies led by a 5% rally in Apple to a record high when it reported an upbeat revenue forecast and gains in energy stocks as crude oil prices rose +0.87%. A bearish factor was the comment from Cleveland Fed President Mester who said that gradual removal of accommodation is still required and that the markets can absorb a gradual balance sheet unwind by the Fed.

Sep 10-year T-note prices (ZNU17 +0.10%) this morning are up +0.5 of a tick. Wednesday's closes: TYU7 -4, FVU7 -3. Sep 10-year T-notes on Wednesday closed lower on hawkish comments from Cleveland Fed President Mester who said the markets can absorb a gradual balance sheet unwind by the Fed and supply pressures after the Treasury announced that $62 billion of T-notes and T-bonds will be auctioned next week in the Treasury's quarterly refunding.

The dollar index (DXY00 +0.11%) this morning is up +0.136 (+0.15%). EUR/USD (^EURUSD) is down -0.0016 (-0.13%) and USD/JPY (^USDJPY) is down -0.16 (-0.14%). Wednesday's closes: Dollar Index -0.207 (-0.22%), EUR/USD +0.0054 (+0.46%), USD/JPY +0.36 (+0.33%). The dollar index on Wednesday fell to a 1-1/4 year low and closed lower on technical selling and Washington political uncertainty. There was also strength in EUR/USD which climbed to 2-1/2 year high on speculation the ECB may announce as soon as next month's policy meeting that it will begin to taper its asset purchases.

Sep crude oil (CLU17 +0.34%) this morning is up +17 cents (+0.34%). Sep gasoline (RBU17 -0.13%) is down -0.0042(-0.26%). Wednesday's closes: Sep WTI crude +0.43 (+0.87%), Sep gasoline -0.0165 (-0.99%). Sep crude oil and gasoline on Wednesday settled mixed. Crude oil prices rallied on the fall in the dollar index to a 1-1/4 year low and the -2.52 million bbl decline in EIA gasoline inventories to a 7-month low, a bigger decline than expectations of -1.0 million bbl. Crude oil prices were undercut by the -1.53 million bbl draw in EIA crude supplies, less than expectations of -3.0 million bbl, and the +0.2% increase in U.S. crude production in the week of Jul 28 to 9.43 million bpd, the most in 2 years.

GLOBAL EVENT CALENDAR08/03/2017

		Thursday, Aug 3
US	0730 ET	Jul Challenger job cuts, Jun -19.3% y/y.
	0830 ET	Weekly initial unemployment claims expected -1,000 to 243,000, previous +10,000 to 244,000. Weekly continuing claims expected -6,000 to 1.958 million, previous -13,000 to 1.964 million.
	0830 ET	USDA weekly Export Sales.
	0945 ET	Final-Jul Markit U.S. services PMI expected unch at 54.2, prelim-Jul unch at 54.2.
	1000 ET	Jul ISM non-manufacturing expected -0.5 to 56.9, Jun +0.5 to 57.4.
	1000 ET	Jun factory orders expected +3.0%, May -0.8% and -0.3% ex transportation.
		Friday, Aug 4
US	0830 ET	Jul non-farm payrolls expected +180,000, Jun +222,000. Jul private payrolls expected +181,000, Jun +187,000. Jul manufacturing payrolls expected +5,000, Jun +1,000. Jul unemployment rate expected -0.1 to 4.3%, Jun +0.1 to 4.4%.
	0830 ET	Jul avg hourly earnings expected +0.3% m/m and +2.4% y/y, Jun +0.2% m/m and +2.5% y/y. Jul avg weekly hours all-employees expected unch at 34.5 hours, Jun +0.1 to 34.5 hours.
	0830 ET	Jun trade deficit expected -$44.5 billion, May -$46.5 billion.

U.S. STOCK CALENDAR08/03/2017

Company	Ticker	Time	Event Description	Period	Estimate
Noble Energy Inc	NBL US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	(0.131)
CenterPoint Energy Inc	CNP US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.219
Global Payments Inc	GPN US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.92
Pinnacle West Capital Corp	PNW US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	1.173
Ball Corp	BLL US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.557
Allergan PLC	AGN US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	3.919
Willis Towers Watson PLC	WLTW US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	1.504
AmerisourceBergen Corp	ABC US	Bef-mkt	Q3 2017 Earnings Release	Q3 17	1.374
Chesapeake Energy Corp	CHK US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.144
Regeneron Pharmaceuticals Inc	REGN US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	3.168
Becton Dickinson and Co	BDX US	06:00	Q3 2017 Earnings Release	Q3 17	2.45
Aetna Inc	AET US	06:00	Q2 2017 Earnings Release	Q2 17	2.344
WestRock Co	WRK US	Bef-mkt	Q3 2017 Earnings Release	Q3 17	0.635
Cognizant Technology Solutions Corp	CTSH US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.905
PPL Corp	PPL US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.495
DISH Network Corp	DISH US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.743
Quanta Services Inc	PWR US	Bef-mkt	Q2 2017 Earnings Release	Q2 17	0.529
Clorox Co/The	CLX US	06:30	Q4 2017 Earnings Release	Q4 17	1.492
Wyndham Worldwide Corp	WYN US	06:30	Q2 2017 Earnings Release	Q2 17	1.495
NRG Energy Inc	NRG US	06:45	Q2 2017 Earnings Release	Q2 17	0.047
Yum! Brands Inc	YUM US	07:00	Q2 2017 Earnings Release	Q2 17	0.615
Church & Dwight Co Inc	CHD US	07:00	Q2 2017 Earnings Release	Q2 17	0.388
Apache Corp	APA US	07:00	Q2 2017 Earnings Release	Q2 17	(0.013)
Duke Energy Corp	DUK US	07:00	Q2 2017 Earnings Release	Q2 17	1.014
Viacom Inc	VIAB US	07:00	Q3 2017 Earnings Release	Q3 17	1.052
SCANA Corp	SCG US	07:30	Q2 2017 Earnings Release	Q2 17	0.743
Intercontinental Exchange Inc	ICE US	07:30	Q2 2017 Earnings Release	Q2 17	0.756
Parker-Hannifin Corp	PH US	07:30	Q4 2017 Earnings Release	Q4 17	2.308
Global Payments Inc	GPN US	08:00	Q2 2017 Earnings Call	Q2 17
Becton Dickinson and Co	BDX US	08:00	Q3 2017 Earnings Call	Q3 17
NRG Energy Inc	NRG US	08:00	Q2 2017 Earnings Call	Q2 17
MetLife Inc	MET US	08:00	Q2 2017 Earnings Call	Q2 17
Principal Financial Group Inc	PFG US	08:00	Roadshow - Day 2
Cognizant Technology Solutions Corp	CTSH US	08:00	Q2 2017 Earnings Call	Q2 17
Kellogg Co	K US	08:00	Q2 2017 Earnings Release	Q2 17	0.92
Yum! Brands Inc	YUM US	08:15	Q2 2017 Earnings Call	Q2 17
Allergan PLC	AGN US	08:30	Q2 2017 Earnings Call	Q2 17
AmerisourceBergen Corp	ABC US	08:30	Q3 2017 Earnings Call	Q3 17
Regeneron Pharmaceuticals Inc	REGN US	08:30	Q2 2017 Earnings Call	Q2 17
ANSYS Inc	ANSS US	08:30	Q2 2017 Earnings Call	Q2 17
Wyndham Worldwide Corp	WYN US	08:30	Q2 2017 Earnings Call	Q2 17
Aetna Inc	AET US	08:30	Q2 2017 Earnings Call	Q2 17
Intercontinental Exchange Inc	ICE US	08:30	Q2 2017 Earnings Call	Q2 17
WestRock Co	WRK US	08:30	Q3 2017 Earnings Call	Q3 17
PPL Corp	PPL US	08:30	Q2 2017 Earnings Call	Q2 17
Concho Resources Inc	CXO US	09:00	Q2 2017 Earnings Call	Q2 17
Willis Towers Watson PLC	WLTW US	09:00	Q2 2017 Earnings Call	Q2 17
Chesapeake Energy Corp	CHK US	09:00	Q2 2017 Earnings Call	Q2 17
CF Industries Holdings Inc	CF US	09:00	Q2 2017 Earnings Call	Q2 17
American International Group Inc	AIG US	09:00	Q2 2017 Earnings Call	Q2 17
American Water Works Co Inc	AWK US	09:00	Q2 2017 Earnings Call	Q2 17
Quanta Services Inc	PWR US	09:00	Q2 2017 Earnings Call	Q2 17
Williams Cos Inc/The	WMB US	09:30	Q2 2017 Earnings Call	Q2 17
Kellogg Co	K US	09:30	Q2 2017 Earnings Call	Q2 17
CenterPoint Energy Inc	CNP US	10:00	Q2 2017 Earnings Call	Q2 17
Lincoln National Corp	LNC US	10:00	Q2 2017 Earnings Call	Q2 17
Church & Dwight Co Inc	CHD US	10:00	Q2 2017 Earnings Call	Q2 17
Duke Energy Corp	DUK US	10:00	Q2 2017 Earnings Call	Q2 17
Marathon Oil Corp	MRO US	10:00	Q2 2017 Earnings Call	Q2 17
Ball Corp	BLL US	11:00	Q2 2017 Earnings Call	Q2 17
Occidental Petroleum Corp	OXY US	11:00	Q2 2017 Earnings Call	Q2 17
Prudential Financial Inc	PRU US	11:00	Q2 2017 Earnings Call	Q2 17
Parker-Hannifin Corp	PH US	11:00	Q4 2017 Earnings Call	Q4 17
Cincinnati Financial Corp	CINF US	11:00	Q2 2017 Earnings Call	Q2 17
Federal Realty Investment Trust	FRT US	11:00	Q2 2017 Earnings Call	Q2 17
Noble Energy Inc	NBL US	12:00	Q2 2017 Earnings Call	Q2 17
Pinnacle West Capital Corp	PNW US	12:00	Q2 2017 Earnings Call	Q2 17
Michael Kors Holdings Ltd	KORS US		Annual General Meeting
Macerich Co/The	MAC US	12:00	Q2 2017 Earnings Call	Q2 17
Hasbro Inc	HAS US	12:00	Investor Day
DISH Network Corp	DISH US	12:00	Q2 2017 Earnings Call	Q2 17
AvalonBay Communities Inc	AVB US	13:00	Q2 2017 Earnings Call	Q2 17
Clorox Co/The	CLX US	13:30	Q4 2017 Earnings Call	Q4 17
Apache Corp	APA US	14:00	Q2 2017 Earnings Call	Q2 17
SCANA Corp	SCG US	15:00	Q2 2017 Earnings Call	Q2 17
Regency Centers Corp	REG US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.887
Stericycle Inc	SRCL US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	1.128
Fluor Corp	FLR US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.601
Activision Blizzard Inc	ATVI US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.304
Western Union Co/The	WU US	16:00	Q2 2017 Earnings Release	Q2 17	0.417
Kraft Heinz Co/The	KHC US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.949
PerkinElmer Inc	PKI US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.669
Motorola Solutions Inc	MSI US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	1.037
Microchip Technology Inc	MCHP US	Aft-mkt	Q1 2018 Earnings Release	Q1 18	1.235
Consolidated Edison Inc	ED US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.618
Alliant Energy Corp	LNT US	Aft-mkt	Q2 2017 Earnings Release	Q2 17	0.381
Activision Blizzard Inc	ATVI US	16:30	Q2 2017 Earnings Call	Q2 17
Western Union Co/The	WU US	16:30	Q2 2017 Earnings Call	Q2 17
Viacom Inc	VIAB US	16:30	Q3 2017 Earnings Call	Q3 17
Stericycle Inc	SRCL US	17:00	Q2 2017 Earnings Call	Q2 17
Kraft Heinz Co/The	KHC US	17:00	Q2 2017 Earnings Call	Q2 17
PerkinElmer Inc	PKI US	17:00	Q2 2017 Earnings Call	Q2 17
Motorola Solutions Inc	MSI US	17:00	Q2 2017 Earnings Call	Q2 17
Microchip Technology Inc	MCHP US	17:00	Q1 2018 Earnings Call	Q1 18
Electronic Arts Inc	EA US	17:00	Annual General Meeting
Fluor Corp	FLR US	17:30	Q2 2017 Earnings Call	Q2 17