Wellcare Group - Chart of the Day

Wellcare Group (WCG) is the Barchart Chart of the Day.  The managed care company has a Trend Spotter buy signal, a Weighted Alpha of 96.43+ and gained 91.73% in the last year.

The Chart of the Day belongs to Wellcare Group (WCG).  I found the managed care stock by using Barchart to sort today's All Time High list first for the highest weighted Alpha, then again for technical buy signals of 80% or more.  Since the Trend Spotter signaled a buy on 11/1 the stock gained 19.09%.

WellCare Health Plans, Inc. provides managed care services targeted exclusively to government-sponsored healthcare programs, focusing on Medicaid and Medicare. WellCare provides high-quality, affordable healthcare services to members in Florida, New York, Connecticut, Illinois and Indiana.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 2.55% in the last month
• Relative Strength Index 68.57%
• Technical support level at 141.26
• Recently traded at 144.72 with a 50 day moving average of 133.98

Fundamental factors:

• Market Cap $6.250 million
• P/E 25.56
• Revenue expected to grow 2.80% this year and another 10.40% next year
• Earnings estimated to increase 58.10% this year, an additional 15.60% next year and continue to compound at an annual rate of 19.91% for the next 5 years
• Wall Street analysts issued 2 buy and 8 hold recommendations on the stock

Sell Signals AHS WCG THLD SKX FDS

Today I deleted Skechers USA (SKX), AMN Healthcare Systems (AHS), Wellcare Group (WCG), Threshold Pharmaceuticals (THLD) and Factset Research Systems (FDS) for the Barchart Van Meerten New High portfolio for negative price momentum.

Skechers USA (SKX)

Barchart technical indicators:

• 32% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20 and 50 day moving averages
• 20.64% off its recent high
• Relative Strength Index 37.26%
• Recently traded at 131.98 which is below its 50 day moving average of 140.98

AMN Healthcare Services (AHS)

Barchart technical indicators:

• 32% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 16.73% off its recent high
• Relative Strength Index 22.11%
• Recently traded at 30.52 which is below its 50 day moving average of 33.67

Wellcare Group (WCG)

Barchart technical indicators:

• 32% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 13.59% off its recent high
• Relative Strength Index 38.60%
• Recently traded at 83.80 which is below its 50 day moving average of 88.09

Threshold Pharmaceutical (THLD)

Barchart technical indicators:

• 40% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 22.54% off its recent high
• Relative Strength Index 39.41%
• Recently traded at 4.08 with a 50 day moving average of 4.36

Factset Research Systems (FDS)

Barchart technical indicators:

• 88% Barchart technical sell signals
• Trend Spotter sell signal
• Below its 20, 50 and 100 day moving averages
• 9.90% off its recent high
• Relative Strength Index 39.64%
• Recently traded at 156.27 which is below its 50 day moving average of 163.74

Today's 5 Best Mid Capsmohjblu

I wanted to find the 5 best Mid Cap stocks so I used Barchart to sort the S&P 400 Mid Cap Index stocks to find the ones with the highest technical buy signals of 80% or better then sorted again to find which of those had a Weighted Alpha greater than 50.00+.  The top stocks that made the cut were: Wellcare Group (WCG), Post Holdings (POST), Molina Healthcare (MOH), Jetblue Airways (JBLU), Caseys General Stores (CASY).

Wellcare Group (WCG)

Barchart technical indicators:

• 96% Barchart technical by signals
• 50.50+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 13.18% in the last year
• Relative Strength Index 62.75%
• Barchart computes a technical support level at 94.20
• Recently traded at 97.34 with a 50 day moving average of 87.04

Post Holdings (POST)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 106.60+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 6 new highs and up 3.44% in the last month
• Relative Strength Index 66.30%
• Barchart computes a technical support level at 64.46
• Recently traded at 68.55 with a 50 day moving average of 59.54

Molina Healthcare (MOH)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 80.90+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 2 new highs and up 4.02% in the last month
• Relative Strength Index 65.14%
• Barchart computes a technical support level at 78.34
• Recently traded at 81.34 with a 50 day moving average of 74.51

Jetblue Airways (JBLU)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 133.90+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 11.13% in the last month
• Relative Strength Index 75.49%
• Barchart computes a technical support level at 25.96
• Recently traded at 26.67 with a 50 day moving average of 23.25

Caseys General Stores (CASY)

Barchart technical indicators:

• 96% Barchart technical buy signals
• 56.90+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 4.51% in the last month
• Relative Strength Index 69.46%
• Barchart computes a technical support level at 108.05
• Recently traded at 111.57 with a 50 day moving average of 103.56

Buy Signals - WCG TOWN THLD TBK

Each morning I use Barchart to sort the Russell 3000 Index stocks for buying opportunities.  On Friday these are the stocks I added to the Barchart Van Meerten New High portfolio: Wellcare Group (WCG), Towne Bank (TBK), Threshold Pharmaceuticals (THLD and Triumph Bancorp (TBK).

Wellcare Group (WCG)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Weighted Alpha 48.16+
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 11.86% in the last month
• Relative Strength Index 62.61%
• Barchart computes a technical support level at 94.50
• Recently traded at 96.14 with a 50 day moving average of 86.60

Towne Bank (TOWN)

Barchart technical indicators:

• 96% Barchart technical buy signals
• Weighted Alpha 36.99+
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 2.77% in the last month
• Relative Strength Index 65.04%
• Barchart computes a technical support level at 18.72
• Recently traded at 18.91 with a 50 day moving average of 17.72

Threshold Pharmaceuticals (THLD)

Barchart technical indicators:

• 100% Barchart technical buy signals
• 28.26+ Weighted Alpha
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 17.62% in the last month
• Relative Strength Index 69.66%
• Barchart computes a technical support level at 4.27
• Recently traded at 4.94 with a 50 day moving average of 4.26

Triumph Bancorp (TBK)

Barchart technical indicators:

• 100% Barchart technical by signals
• 28.90+ Weighted Alpha
• Trend Spotter buy signals
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 9.80% in the last month
• Relative Strength Index 73.79%
• Barchart computes a technical support level at 14.86
• Recently traded at 15.70 with a 50 day moving average of 13.87

The 5 Best Mid Caps

Today I used Barchart to sort the S&P 400 Mid Cap Index stocks for the best technical buy signals, then used the Flipchart feature to review the charts.

Today's list includes Wellcare Group (WCG), Wabtec (WAB), Synopsys (SNPS), John Wiley Sons (JW.A), JetBlue Airways (JBLU):

Wellcare Group (WCG)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 14.50% in the last month
• Relative Strength Index 75.36%
• Barchart computes a technical support level at 81.35%
• Recently traded at 89.30 with a 50 day moving average of 78.55

Wabtec (WAB)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 11.91% in the last month
• Relative Strength Index 74.49%
• Barchart computes a technical support level at 92.04
• Recently traded at 95.1 with a 50 day moving average of 86.75

Synopsys (SNPS)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and up 7.4% in the last month
• Relative Strength Index 72.84%
• Barchart computes a technical support level at 45.76
• Recently traded at 46.75 with a 50 day moving average of 43.60

John Wiley Sons (JW.A)

Barchart technical indicators:

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 5.23% in the last month
• Relative Strength Index 70.40%
• Barchart computes a technical support level at 63.04
• Recently traded at 64.47 with a 50 day moving average of 60.22

JetBlue Airways (JBLU)

Barchart technical indicators

• 100% Barchart technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 6.22% in the last month
• Relative Strength Index 66.37%
• Barchart computes a technical support level at 16.65
• Recently traded at 17.47 with a 50 day moving average of 15.84

BARCHART MORNING CALL 11/14

BARCHART MORNING CALL

Friday, November 14th, 2014View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ14 +0.02%) this morning are up +0.01% on increased M&A activity with Baker Hughes up over 5% in pre-market trading after it confirmed that it was in talks with Halliburton for a potential "business combination." European stocks were down -0.76 % as a slide in commodity producers outweighed economic data that showed Eurozone Q3 GDP grew more than expected. Asian stocks closed mostly higher: Japan +0.56%, Hong Kong +0.28%, China +0.05%, Taiwan +0.02%, Australia +0.21%, Singapore +0.32%, South Korea -0.77%, India +0.38%. Japan's Nikkei Stock Index rose to the highest in 7-1/4 years, led by strength in exporters, as a plunge in the yen to a 7-year low against the dollar bolstered the earnings prospects of exporters. Commodity prices are mixed. Dec crude oil (CLZ14 +0.22%) is up +0.19%. Dec gasoline (RBZ14 +0.81%) is up +0.83%. Dec gold (GCZ14 -0.70%) is down -0.86%. Dec copper (HGZ14 +0.18%) is up +0.07%. Agriculture prices are weaker. The dollar index (DXY00 +0.35%) is up +0.35%. EUR/USD (^EURUSD) is down -0.25%. USD/JPY (^USDJPY) is up +0.57% at a 7-year high on speculation Prime Minister Abe may announce a delay of a national sales tax increase and decide to dissolve parliament and call for snap elections, which are yen negative. Dec T-note prices (ZNZ14 -0.02%) are down -0.5 of a tick.
ECB Governing Council member Noyer told the French newspaper Les Echos that "inflation risks being too weak for too long" and that the ECB could begin to buy state of company debt if it decided that its policies weren't having any effect.
Eurozone Q3 GDP rose +0.2% q/q and +0.8% y/y, a faster pace of increase than expectations of +0.1% q/q and +0.7% y/y.
German Q3 GDP rose +0.1% q/q and +1.2% y/y (nsa), slightly stronger than expectations of +0.1% q/q and +1.0% y/y (nsa).
China Oct new yuan loans were 548.3 billion yuan, less than expectations of 626.40 billion yuan. Oct aggregate financing, China's broadest measure of credit, increased by 662.7 billion yuan, less than expectations of 887.5 billion yuan.
UK Sep construction output rose +1.8% m/m and +3.5% y/y, less than expectations of +4.0% m/m and +4.3% y/y.

U.S. STOCK PREVIEW

Today’s preliminary-Nov U.S. consumer confidence index from the University of Michigan is expected to show a +0.6 point increase of 87.5, which would be a new 7-1/3 year high. Today’s Oct retail sales report is expected to show a modest increase of +0.2% both overall and ex-autos, which would largely reverse September’s declines of -0.3% overall and -0.2% ex-autos. Today’s Oct import price index is expected to show a decline of -1.5% m/m and -1.6% y/y, which would be even weaker than the September report of -0.5% m/m and -0.9% y/y.
None of the Russell 1000 companies report earnings today. Equity conferences today include: Bank of America Merrill Lynch Global Energy Conference on Wed-Fri, Goldman Sachs Technology and Internet Conference on Fri.

OVERNIGHT U.S. STOCK MOVERS

UBS reiterates its 'Buy' rating on Best Buy (BBY +0.82%) and raised its price target on the stock to $36 from $32.
Wal-Mart (WMT +4.72%) was downgraded to 'Underperform' from 'Market Perform' at BMO Capital.
Nike (NKE +0.32%) was downgraded to 'Neutral' from 'Buy' at Sterne Agee.
TJX (TJX -0.36%) and Ross Stores (ROST -0.28%) were both downgraded to 'Sell' from 'Hold' at Canaccord.
Baker Hughes (BHI +15.24%) climbed over 5% and Halliburton (HAL +1.05%) rose over 1% in pre-market trading after Baker Hughes confirmed that "it has engaged in preliminay duscussions with Halliburton regarding a potential business combination transaction."
Harley-Davidson (HOG +0.80%) rose 1.4% in pre-market trading after Goldman Sachs upgraded the stock to 'Buy' from 'Neutral.'
Gabelli reported a 17.34% stake in Pep Boys (PBY -1.49%) .
Pennant Capital reported a 7.0% passive stake in WellCare (WCG -0.10%) .
Trinseo S.A. (TSE +1.40%) reported Q3 adjusted EPS of 1 cents, well below consensus of 14 cents.
Meritage Group reported a 5.0% passive stake in Discovery (DISCA +3.14%) .
Carter's (CRI -0.81%) was initiated with a 'Buy' at Sterne Agee with a price target of $91.
Nordstrom (JWN +0.55%) reported Q3 EPS of 73 cents, higher than consensus of 71 cents, but then lowered guidance on fiscal 2014 EPS view to $3.70-$3.75 from $3.80-$3.90, weaker than consensus of $3.86.
Applied Materials (AMAT +0.58%) slipped 3% in after-hours trading after it reported Q4 adjusted EPS of 27 cents, right on consensus, although Q4 revenue of $2.26 billion was less than consensus of $2.27 billion.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ14 +0.02%) this morning are up +0.25 of a point (+0.01%). The S&P 500 index on Thursday posted a new record high and closed higher: S&P 500 +0.05%, Dow Jones +0.23%, Nasdaq +0.43%. Bullish factors included (1) positive Q3 stock earnings results after Wal-Mart, Cisco and Viacom all reported better-than-expected earnings, and (2) increased M&A activity after Berkshire Hathaway bought the Duracell battery business from Procter & Gamble and after Hasbro was said to be in talks to acquire DreamWorks Animation SKG. Stocks fell back from their best levels after (1) U.S. weekly jobless claims rose +12,000 to 290,000, a larger increase than expectations of +2,000 to 280,000, and (2) energy producers declined as the price of crude oil tumbled to a 4-year low.
Dec 10-year T-notes (ZNZ14 -0.02%) this morning are down -0.5 of a tick. Dec 10-year T-note futures prices on Wednesday closed higher: TYZ4 +5.00, FVZ4 +3.50. Bullish factors included (1) the larger-than-expected increase in U.S. weekly initial unemployment claims, and (2) short-covering by bond dealers after the Treasury concluded this week’s $66 billion of Treasury auctions with the sale of $16 billion of 30-year T-bonds.
The dollar index (DXY00 +0.35%) this morning is up +0.307 (+0.35%). EUR/USD (^EURUSD) is down -0.0031 (-0.25%). USD/JPY (^USDJPY) is up +0.66 (+0.57%) at a new 7-year high. The dollar index on Thursday closed lower. Closes: Dollar index -0.148 (-0.17%), EUR/USD +0.0038 (+0.03%), USD/JPY +0.28 (+0.24%). Bearish factors included (1) comments from New York Fed President Dudley who said that raising interest rates too early poses a bigger risk to the economy than acting too late, and (2) the larger-than-expected increase in U.S. weekly jobless claims.
Dec WTI crude oil (CLZ14 +0.22%) this morning is up +14 cents (+0.19%) and Dec gasoline (RBZ14 +0.81%) is up +0.0166 (+0.83%). Dec crude and Dec gasoline on Thursday closed sharply lower with Dec crude and Dec gasoline at 4-year lows. Closes: CLZ4 -2.97 (-3.85%), RBZ4 -0.1054 (-5.00%). Bearish factors included (1) the +1.7 million bbl increase in crude inventories at Cushing, OK, the delivery point of WTI futures, to a 5-1/2 month high of 22.5 million bbl, and (2) the +1.0% increase in U.S. crude production in the week ended Nov 7 to 9.063 million bpd, the most in 40 years.

GLOBAL EVENT CALENDAR11/14/2014

US	0830 ET	Oct retail sales expected +0.2% and +0.2% ex autos, Sep -0.3% and -0.2% ex autos.
	0830 ET	Oct import price index expected -1.5% m/m and -1.6% y/y, Sep -0.5% m/m and -0.9% y/y.
	0830 ET	USDA weekly Export Sales.
	0910 ET	St. Louis Fed President James Bullard speaks on the U.S. economy and monetary policy to the St. Louis Regional Chamber.
	0955 ET	Preliminary-Nov U.S. consumer confidence (University of Michigan) expected +0.6 to 87.5, Oct +2.3 to 86.9.
	1000 ET	Sep business inventories expected +0.2%, Aug +0.2%.
		1000 ET
GER	0200 ET	German Q3 GDP expected +0.1% q/q and +1.0% y/y (nsa), Q2 -0.2% q/q and +0.8% y/y (nsa).
UK	0430 ET	UK Sep construction output expected +4.0% m/m and +4.3% y/y, Aug -3.9% m/m and -0.3% y/y.
EUR	0500 ET	Revised Eurozone Oct CPI, previous +0.3% y/y and core CPI +0.7% y/y.
	0500 ET	Eurozone Q3 GDP expected +0.1% q/q and +0.7% y/y, Q2 unch q/q and +0.7% y/y.
	1600 ET	ECB Executive Board member Benoit Coeure speaks on a policy panel at the Global Research Forum on International Economics and Finance in Washington D.C. on Monetary Policy Spillovers and Cooperation in a Global Economy.

U.S. STOCK CALENDAR11/14/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Albemarle Corp	ALB US	9:00	Extraordinary Shareholders Meeting	Y 2014
Rockwood Holdings Inc	ROC US	9:00	Extraordinary Shareholders Meeting - M&A Vote	Y 2014
Estee Lauder Cos Inc/The	EL US	10:00	Annual General Meeting	Y 2014
Royal Gold Inc	RGLD US	11:00	Annual General Meeting	Y 2014
Principal Financial Group Inc	PFG US	13:00	Investor Meeting	Y 2014

BARCHART MORNING CALL 8/18

BARCHART MORNING CALL

Monday, August 18th, 2014View Older Reports

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OVERNIGHT MARKETS AND NEWS

September E-mini S&Ps (ESU14 +0.55%) this morning are up +0.49% at a 2-week high and European stocks are up +1.06% on reduced geopolitical tensions as Ukraine and Russia met for peace talks. The yield on Ireland's 10-year bond fell to 1.949%, the lowest since Bloomberg data began in 1991, after Fitch upgraded Ireland's credit rating to A- from BBB+. Asian stocks closed mixed: Japan +0.03%, Hong Kong unchanged, China +0.59%, Taiwan -0.71%, Australia +0.37%, Singapore -0.06%, South Korea -0.62%, India +1.10%. China's Shanghai Stock Index climbed to an 8-1/4 month high on speculation that sliding property prices will prompt the PBOC to loosen monetary policy in order to support the economy. China's 7-day repurchase rate also fell to a 1-3/4 month low of 3.20% after China Jul new home prices fell in 64 out of 70 cities tracked by the government. Commodity prices are mixed. Sep crude oil (CLU14 -0.96%) is down -1.01% after Kurdish forces made progress against militants in northern Iraq and after Libyan oil production rose to 540,000 bpd from 415,000 bpd on Aug 14. Sep gasoline (RBU14 -1.05%) is down -0.96%. Dec gold (GCZ14 -0.34%) is down -0.24%. Sep copper (HGU14 +0.13%) is unchanged. Agriculture prices are mixed. The dollar index (DXY00 +0.02%) is up +0.050% (+0.06%). EUR/USD (^EURUSD) is down -0.0011 (-0.08%). USD/JPY (^USDJPY) is up +0.11 (+0.11%). Sep T-note prices (ZNU14 -0.16%) are down -7 ticks.
In its monthly report for Aug, the Bundesbank said that "the economic outlook for the German economy has clouded over in the middle of the year in response to unfavorable international news and that expectations for a strengthening of economic momentum in the second half of 2014 underlying the spring projections are called into question by current data."
China July new-home prices fell in 64 of the 70 cities tracked by the National Bureau of Statistics, the most since Jan 2011 when the government changed the way it compiles the data.
China Jul foreign direct investment unexpectedly plunged -17.0% y/y, much weaker than expectations of +0.8% y/y and the largest decline in 5 years.
The Eurozone Jun trade balance (nsa) widened to a +16.8 billion surplus from +15.4 billion euros in May, the largest surplus in 7 months.
UK Aug Rightmove house prices fell -2.9% m/m, the second straight monthly decline and the biggest fall in 20 months. On an annual basis, Aug home prices rose +5.3% y/y, the smallest gain in 9 months.

U.S. STOCK PREVIEW

The market is expecting today’s Aug NAHB housing market index to be unchanged from July’s 6-month high of 53.  There is one S&P 500 company that reports earnings today:  Urban Outfitters (consensus $0.48).  Equity conferences this week include:  Enercom, Inc Oil & Gas Conference on Mon-Thu, and 8th Annual Forum on Transparency & Aggregate Spending on Tue-Wed.

OVERNIGHT U.S. STOCK MOVERS

Hewlett-Packard (HPQ -1.46%) was upgraded to 'Buy' from 'Neutral' at Monness Crespi.
Credit Suisse rates Union Pacific (UNP +0.26%) as an 'Outperform" and recommends building positions in the company as it raises its price target on the stock to $119 from $115.
RenaissanceRe (RNR +0.49%) was downgraded to 'Sell' from 'Hold' at Deutsche Bank.
WellCare (WCG -0.35%) was downgraded to 'Neutral' from 'Outperform' at Wedbush.
General Electric (GE -0.93%) was reinstated with an 'Outperform' at Credit Suisse with a price target of $30.
CNBC reports that Dollar General (DG -0.73%) offered to buy Family Dollar Stores ({=FDO for $78.50 a share.
Monster Beverage (MNST +30.48%) was downgraded to 'Hold' from 'Buy' at Jefferies due to valuation.
Raytheon (RTN +0.04%) was awarded a $109.1 million government contract for engineering services for the Patriot System Tracking Radar.
Becker Drapkin reported a 6.4% stake in Fuel Systems (FSYS +0.76%) .
Whale Rock Capital reported a 5.2% passive stake in Textura (TXTR +3.04%) .
SAB Capital Advisors reported a 6.4% passive stake in Colony Financial (CLNY +1.09%) .

MARKET COMMENTS

Sep E-mini S&Ps (ESU14 +0.55%) this morning are up +9.50 points (+0.49%) at a 2-week high. The S&P 500 index on Friday fell back from a 2-week high and closed little changed: S&P 500 -0.01%, Dow Jones -0.30%, Nasdaq +0.46%. Bearish factors included (1) the -10.91 point drop in the Aug Empire manufacturing index, a bigger decline than expectations of -5.60 to 20.00, (2) the unexpected -2.6 point drop in the early-Aug University of Michigan U.S. consumer confidence to a 9-month low of 79.2, weaker than expectations of +0.7 to 82.5, and (3) concern about the escalation of the Ukraine conflict after Ukraine troops attacked an armed convoy that had crossed its border from Russia.
Sep 10-year T-notes (ZNU14 -0.16%) this morning are down -7 ticks. Sep 10-year T-note futures prices on Friday surged to an 8-1/2 month nearest-futures high. Bullish factors included (1) increased safe-haven demand on concern about an escalation of the Ukraine crisis after Ukraine troops attacked a military convoy that entered its country from Russia, and (2) economic concerns after the Aug Empire manufacturing index declined more than expected and the U.S. Aug University of Michigan consumer confidence unexpectedly dropped to a 9-month low. Closes: TYU4 +11.00, FVU4 +4.50.
The dollar index (DXY00 +0.02%) this morning is up +0.050 (+0.06%). EUR/USD (^EURUSD) is down -0.0011 (-0.08%) and USD/JPY (^USDJPY) is up +0.11 (+0.11%). The dollar index on Friday closed lower. Bearish factors included (1) U.S. economic concerns after the Aug Empire manufacturing index fell more than expected and the U.S. Aug University of Michigan consumer confidence unexpectedly fell to a 9-month low, and (2) strength in USD/JPY on increased safe-haven demand for the yen as stocks fell on concern about the escalation of the Ukraine crisis. Closes: Dollar index -0.164 (-0.20%), EUR/USD +0.00289 (+0.22%), USD/JPY -0.114 (-0.11%).
Sep WTI crude oil (CLU14 -0.96%) this morning is down -98 cents (-1.01%) and Sep gasoline (RBU14 -1.05%) is down -0.0258 (-0.96%). Sep crude and gasoline prices on Friday closed sharply higher: CLU4 +1.77 (+1.85%), RBU4 +0.0320 (+1.20%). Bullish factors included (1) a weaker dollar, (2) the stronger-than-expected U.S. Jul industrial production report, and (3) short-covering spurred by concern about the escalation of the Ukraine crisis after Ukraine troops attacked a convoy of Russian military vehicles entering Ukraine.

GLOBAL EVENT CALENDAR08/18/2014

US	1000 ET	Aug NAHB housing market index expected unch at 53, July +4 to 53.
	1100 ET	USDA weekly grain export inspections.
	1600 ET	USDA weekly crop progress.
EUR	0500 ET	Eurozone Jun trade balance expected +15.1 billion euros (nsa), May +15.4 billion euros (nsa).

U.S. STOCK CALENDAR08/18/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Urban Outfitters Inc	URBN US	16:00	Q2 2015 Earnings Release	Q2 2015	0.483
Urban Outfitters Inc	URBN US	17:00	Q2 2015 Earnings Call	Q2 2015
Regeneron Pharmaceuticals Inc	REGN US		PDUFA, Eylea, diabetic macular edema (DME)

BARCHART MORNING CALL 2/7

BARCHART MORNING CALL

Friday, February 7th, 2014View Older Reports

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH14 +0.40%) this morning are up +0.25% ahead of this morning's U.S. Jan payrolls data and European stocks are up +0.14% as emerging-market stocks and currencies advanced. Asian stocks closed higher: Japan +2.17%, Hong Kong +1.00%, China +0.46%, Taiwan +0.92%, Australia +0.68%, Singapore +0.83%, South Korea +0.78%, India +0.32%. Commodity prices are mixed. Mar crude oil (CLH14 -0.19%) is down -0.40%. Mar gasoline (RBH14 +0.17%) is down -0.06%. Apr gold (GCJ14 +0.37%) is up +0.30%. March copper (HGH14 +0.50%) is up +0.54% at a 1-week high after LME copper inventories fell -1,225 MT to a 13-1/4 month low. Agriculture and livestock prices are mixed. The dollar index (DXY00 +0.09%) is up +0.08%. EUR/USD (^EURUSD) is down -0.15% after Germany's Federal Constitution Court sought advice on whether the ECB's OMT bond-buying program is legal. USD/JPY (^USDJPY) is up +0.04%. March T-note prices (ZNH14 -0.10%) are down -2 ticks.
Germany's Federal Constitution Court has asked the European Court of Justice to rule on a claim that the ECB overstepped its powers in establishing the Outright Monetary Transactions (OMT) bond buying program in Sep 2012. The still-unused program that's credited with easing the Eurozone debt crisis, allows the ECB to buy government bonds of indebted nations.
German Dec industrial production unexpectedly fell -0.6% m/m, weaker than expectations of +0.3% m/m, and on an annual basis rose +2.6% y/y, a slower pace than expectations of +3.5% y/y.
The German Dec trade balance shrank to a +14.2 billion euro surplus, smaller than expectations of a +17.3 billion euro surplus. Dec exports unexpectedly fell -0.9% m/m, weaker than expectations of +0.8% m/m and the biggest decline in 7-months. Dec imports unexpectedly fell -0.6% m/m, weaker than expectations of +0.9% m/m.
UK Dec industrial production rose +0.4% m/m and +1.8% y/y, weaker than expectations of +0.6 m/m and +2.3% y/y. Dec manufacturing production climbed +0.3% m/m and +1.5% y/y, a smaller increase than expectations of +0.6% m/m and +2.3% y/y.
The Japan Dec leading index CI rose +1.1 to 112.1, a bigger increase than expectations of +0.8 to 111.9 and the highest since data began in 2008. The Dec coincident index rose +1.0 to 111.7, better than expectations of +0.8 to 111.5 and the highest in 5-1/2 years.

U.S. STOCK PREVIEW

Today’s Jan payroll report is expected to show an increase of +182,000, returning to more reasonable figures after the very disappointing report of +74,000 seen in December.   Today’s Jan unemployment rate is expected to be unchanged at 6.7%, sustaining the -0.3 point drop seen in December to the 5-year low of 6.7%.  There are 5 of the S&P 500 companies that report earnings today:  Lab Corp of America ($1.66), Wyndham (0.73), Cigna (1.49), Moody's (0.76), and FLIR Systems (0.37).  Equity conferences during the remainder of this week include India Auto Expo 2014 on Fri.

OVERNIGHT U.S. STOCK MOVERS

Moody's (MCO +2.98%) reported Q4 EPS of 85 cents, higher than consensus of 76 cents.
Towers Watson (TW -8.25%) was upgraded to 'Overweight' from 'Neutral' at JPMorgan.
Cigna (CI +0.35%) reported Q4 EPS of $1.39, below consensus of $1.49.
AOL (AOL -0.88%) was downgraded to 'Neutral' from 'Buy' at BofA/Merrill.
Fitch Ratings said it has downgraded the long-term ratings of McKesson (MCK +2.24%) , including the long-term Issuer Default Rating, to 'BBB+' from 'A-'
WellCare (WCG -0.40%) signed a contract to provide medicaid services to Medicaid recipients in eight Florida regions as part of the state's Managed Medical Assistance program.
Illinois Tool Works (ITW +0.68%) announced that it will sell its Industrial Packaging Segment to The Carlyle Group (CG +4.81%) for $3.2 billion.
Republic Services (RSG +1.01%) reported Q4 adjusted EPS of 53 cents, better than consensus of 46 cents.
ON Semiconductor (ONNN +2.59%) reported Q4 EPS of 17 cents, better than consensus of 14 cents.
News Corp. (NWSA +2.63%) rose 2% in European trading ater it reported Q2 adjusted EPS of 31 cents, well ahead of consensus of 20 cents.
Activision Blizzard (ATVI +1.66%) climbed 8% in after-hours trading after it reported Q4 adjusted EPS of 79 cents, stronger than consensus of 73 cents.
LinkedIn (LNKD +4.24%) slid over 8% in after-hours trading after it reported Q4 adjusted EPS of 39 cents, higher than consensus of 38 cents, but then lowered guidance on its fiscal 2014 revenue estimate to $2.02 billion-$2.05 billion, below consensus of $2.16 billion.
Expedia (EXPE +1.89%) jumped 13% in after-hours trading after it reported Q4 EPS of 92 cents, better than consensus of 86 cents.
Lionsgate (LGF +3.42%) reported Q3 adjusted EPS of 70 cents, well above consensus of 44 cents.

MARKET COMMENTS

Mar E-mini S&Ps (ESH14 +0.40%) this morning are up +4.50 points (+0.25%). The S&P 500 on Thursday closed higher on reduced labor market concerns after U.S. weekly initial unemployment claims fell -20,000 to 331,000, a bigger decline than expectations of -13,000 to 335,000. Stocks also found support on strong Q4 company earnings results as 77% of the S&P 500 companies that have reported earnings thus far have beaten market estimates. A negative for stocks was the wider-than-expected -$38.7 billion U.S. Dec trade deficit, which should cause a downward revision to Q4 GDP. Closes: S&P 500 +1.24%, Dow Jones +1.22%, Nasdaq 100 +1.24%.
Mar 10-year T-notes (ZNH14 -0.10%) this morning are down -2 ticks. Mar 10-year T-note futures prices on Thursday closed lower after U.S. weekly unemployment claims fell more than expected. T-note prices were also undercut by a slide in German bund prices after ECB President Draghi signaled the ECB will wait until next month to decide if they should implement any additional stimulus measures. Closes: TYH4 -8.50, FVH4 -3.50.
The dollar index (DXY00 +0.09%) this morning is up +0.068 (+0.08%). EUR/USD (^EURUSD) is down -0.0020 (-0.15%). USD/JPY (^USDJPY) is up +0.04 (+0.04%). The dollar index on Thursday closed lower after a rally in stocks curbed safe-haven demand for the dollar. EUR/USD received a boost after the ECB refrained from additional stimulus measures following its policy meeting as ECB President Draghi said the ECB will wait until next month before deciding if additional stimulus is needed. Closes: Dollar index -0.130 (-0.16%), EUR/USD +0.0056 (+0.41%), USD/JPY +0.662 (+0.65%).
Mar WTI crude oil (CLH14 -0.19%) this morning is down -39 cents (-0.40%) and Mar gasoline (RBH14 +0.17%) is down -0.0017 (-0.06%). Mar crude oil and gasoline prices on Thursday closed higher with Mar crude at a 1-month high. Bullish factors included (1) the weaker dollar, (2) the larger-than-expected decline in U.S. weekly jobless claims, a sign of economic strength, and (3) the current cold snap to grip the northern half of the U.S., which should boost demand for heating fuels and further reduce distillate inventories. Closes: CLH4 +0.46 (+0.47%), RBH4 +0.0417 (+1.58%).

GLOBAL EVENT CALENDAR02/07/2014

US	0830 ET	U.S. Department of Labor releases annual revisions to labor statistics from March 2013.
	0830 ET	Jan non-farm payrolls expected +180,000, Dec +74,000. Jan private payrolls expected +188,000, Dec +87,000. Jan manufacturing payrolls expected +10,000, Dec +9,000. Jan unemployment rate expected unch at 6.7%, Dec -0.3 to 6.7%.
	0830 ET	Jan avg hourly earnings expected +0.2% m/m and +1.8% y/y, Dec +0.1% m/m and +1.8% y/y. Jan avg weekly hours expected unch at 34.4 hours, Dec 34.4 hours.
	1500 ET	Dec consumer credit expected +$12.0 billion, Nov +$12.318 billion.
JPN	0000 ET	Japan Dec leading index CI expected +0.8 to 111.9, Nov 111.1. Dec coincident index expected +0.8 to 111.5, Nov 110.7.
GER	0200 ET	German Dec trade balance expected +17.3 billion euros, Nov +18.1 billion euros. Dec exports expected +0.8% m/m, Nov +0.3% m/m. Dec imports expected +0.9% m/m, Nov -2.3% m/m.
	0200 ET	German Dec current account balance expected +21.5 billion euros, Nov +21.6 billion euros.
	0600 ET	German Dec industrial production expected +0.3% m/m and +3.5% y/y, Nov +1.9% m/m and +3.5% y/y.
UK	0430 ET	UK Dec industrial production expected +0.6% m/m and +2.3% y/y, Nov unch m/m and +2.5% y/y.
	0430 ET	UK Dec manufacturing production expected +0.6% m/m and +2.3% y/y, Nov unch m/m and +2.8% y/y.

U.S. STOCK CALENDAR02/07/2014

Company Name	Ticker	Time	Event Description	Period	Estimate
Laboratory Corp of America Holdings	LH US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	1.66
Wyndham Worldwide Corp	WYN US	Bef-mkt	Q4 2013 Earnings Release	Q4 2013	0.728
Cigna Corp	CI US	6:30	Q4 2013 Earnings Release	Q4 2013	1.485
Moody's Corp	MCO US	7:00	Q4 2013 Earnings Release	Q4 2013	0.763
FLIR Systems Inc	FLIR US	7:30	Q4 2013 Earnings Release	Q4 2013	0.371
St Jude Medical Inc	STJ US	8:00	Investor Meeting	Y 2014
Cigna Corp	CI US	8:30	Q4 2013 Earnings Call	Q4 2013
Wyndham Worldwide Corp	WYN US	8:30	Q4 2013 Earnings Call	Q4 2013
Micron Technology Inc	MU US	9:00	Analyst Conference	Y 2014
Laboratory Corp of America Holdings	LH US	9:00	Q4 2013 Earnings Call	Q4 2013
FMC Technologies Inc	FTI US	9:00	Q4 2013 Earnings Call	Q4 2013
Corning Inc	GLW US	9:30	Investor Meeting	Y 2014
FLIR Systems Inc	FLIR US	11:00	Q4 2013 Earnings Call	Q4 2013
Moody's Corp	MCO US	11:30	Q4 2013 Earnings Call	Q4 2013
Apartment Investment & Management Co	AIV US	13:00	Q4 2013 Earnings Call	Q4 2013
Time Warner Inc	TWX US		U.S. Box Office Release of Movie The Lego Movie""

BARCHART MORNING CALL 11/1

BARCHART MORNING CALL

Friday, November 1st, 2013View Older Reports

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OVERNIGHT MARKETS AND NEWS

December E-mini S&Ps (ESZ13 +0.19%) this morning are up +0.10% and European stocks are down -0.38%. Asian stocks closed mixed: Japan -0.88%, Hong Kong +0.19%, China +0.47%, Taiwan -0.73%, Australia -0.26%, Singapore -0.29%, South Korea +0.64%, India +0.15%. Supporting stock prices today is strength in Chinese manufacturing activity which expanded last month at the fastest pace in 15-months. European stocks were undercut by a -3.1% decline in Royal Bank of Scotland after Britain's biggest publicly owned bank said it will write down as much as 4.5 billion pounds ($7.2 billion) in Q4, which will result in a "substantial" full-year loss. Also, Renault SA, France's second-biggest carmaker, dropped 3.5% after its partner Nissan Motor cut its full-year profit forecast by 15% due to weak sales in Europe and Asia. Japanese stocks were dragged lower by an 11% slump in Sony after the company lowered its full-year profit forecast by 40% on weak television and digital camera demand. Chinese stocks received a boost from a -0.41 point decline in China's 7-day repurchase rate to a 1-week low of 4.636% after the PBOC added a net 29.1 billion yuan ($4.8 billion) via money-market operations in the last 4 days. Commodity prices are mostly lower. Dec crude oil (CLZ13 -0.19%) is down -0.15%. Dec gasoline (RBZ13 +0.03%) is down -0.05%. Dec gold (GCZ13 -0.54%) is down -0.66% at a 1-week low and Dec copper (HGZ13 +0.50%) is up +0.48%. Agricultural and livestock prices are mixed. The dollar index (DXY00 +0.40%) is up +0.34% at a 2-week high. EUR/USD (^EURUSD) is down -0.37% at a 2-week low on speculation that slowing inflation and record unemployment in the Eurozone may prompt the ECB to lower interest rates as soon as its meeting next week. USD/JPY (^USDJPY) is down -0.08%. December T-note prices (ZNZ13 -0.27%) are down -8 ticks.
The China Oct manufacturing PMI rose +0.3 to 51.4, better than expectations of +0.1 to 51.2 and the fastest pace of expansion in 1-1/2 years.
UK Oct manufacturing PMI fell -0.3 from a downward revised 56.3 in Sep to 56.0, lower than expectations of -0.3 to 56.4.
Japan Oct vehicle sales climbed +17.3% y/y, the most in 15-months.

U.S. STOCK PREVIEW

Today’s Oct ISM manufacturing index is expected to show a -1.2 point decline to 55.0, more than reversing the +0.5 point increase to 56.2 seen in September. Today’s Oct total vehicle sales report is expected to improve to 15.40 million units from 15.21 million units in September. There are 5 of the S&P 500 companies that report earnings today: NextEra (consensus $1.39), Chevron (2.70), Washington Post, Berkshire Hathaway (2402.90), and Life Technologies (0.96). There are no equity conferences today.

OVERNIGHT U.S. STOCK MOVERS

Facebook (FB +2.45%) was upgraded to 'Buy' from 'Hold' at Argus with a price target of $64.
Netflix (NFLX +1.36%) was upgraded to 'Outperform' from 'Neutral' at RW Baird who raised their price target on the stock to $420 from $383.
WellCare (WCG +0.68%) reported Q3 adjusted EPS of $1.56, better than consensus of $1.52, but then lowered guidance on fiscal 2013 EPS to $4.70-$4.80 from $4.70-$4.90, below consensus of $4.91.
Citigroup reiterated its 'Buy' raing on Mastercard (MA -1.18%) and raised its price target oon the stock to $835 from $710.
Bebe stores (BEBE +0.33%) was downgraded to 'Neutral' from 'Buy' at Janney Capital.
PetSmart (PETM -0.07%) was downgraded to 'Neutral' from 'Buy' at BofA/Merrill.
Greenbrier ({=GBX was upgraded to 'Buy' from 'Underperform' at BofA/Merrill.
MDU Resources (MDU -0.17%) reported Q3 adjusted EPS of 49 cents, better than consensus of 46 cents, and then raised guidance on fiscal 2013 adjusted EPS view to $1.35-$1.45 from $1.30-$1.40.
Barrick Gold (ABX -5.41%) filed to sell 163.5 million shares of common stock.
Northeast Utilities (NU -0.53%) reported Q3 EPS of 66 cents, weaker than consensus of 73 cents.
Gabelli reported a 5.05% stake in Global Sources (GSOL -3.48%) .
Republic Services (RSG +0.36%) reported Q3 EPS of 55 cents, higher than consensus of 50 cents.
Newmont Mining (NEM -2.78%) reported Q3 EPS of 46 cents, well ahead of consensus of 32 cents.
Oaktree Capital reported a 6.8% stake in Contango Oil & Gas (MCF -2.08%) .
MRC Global (MRC -0.78%) reported Q3 adjusted EPS of 40 cents, weaker than consensus of 45 cents.
First Solar (FSLR -2.12%) climbed 8% in pre-market trading after it reported Q3 EPS ex-charges of $2.28, more than double consensus of $1.00, and then raised guidance on fiscal 2013 EPS view to $4.25-$4.50 from $3.75-$4.25, well above consensus of $3.77.
Fluor (FLR -2.35%) reported Q3 EPS of $1.05, better than consensus of $1.04.
Mohawk (MHK -0.38%) reported Q3 EPS ex-items of $2.02, well above consensus of $1.90.
AIG (AIG -0.62%) reported Q3 EPS of 96 cents, higher than consensus of 95 cents.

MARKET COMMENTS

Dec E-mini S&Ps (ESZ13 +0.19%) this morning are up +1.75 points (+0.10%). The S&P 500 index on Thursday closed lower. Strong Q3 earnings results gave stocks an early lift as 76% of the 356 reporting S&P 500 companies have beaten estimates. Stocks fell back, though, on concern the Fed may start to taper QE3 as soon as next month after the Chicago Oct PMI unexpectedly jumped +10.2 to 65.9, stronger than expectations of a -0.7 point decline to a 2-1/2 year high of 55.0. Closes: S&P 500 -0.38%, Dow Jones -0.47%, Nasdaq 100 -0.23%.
Dec 10-year T-notes (ZNZ13 -0.27%) this morning are down -8 ticks. Dec 10-year T-note prices on Thursday dropped to a 1-week low and closed lower. The surge in the Chicago Oct PMI to its fastest pace of expansion in 2-1/2 years undercut T-note prices as it bolstered speculation the Fed may taper QE3 as soon as next month. Closes: TYZ3 -5.0, FVZ3 +0.25.
The dollar index (DXY00 +0.40%) this morning is up +0.272 (+0.34%) at a 2-week high. EUR/USD (^EURUSD) is down -0.0050 (-0.37%) at a 2-week low. USD/JPY (^USDJPY) is down -0.08 (-0.08%). The dollar index on Thursday rallied sharply to a 2-week high and closed higher. An unexpected increase in the Chicago Oct PMI to its fastest pace of expansion in 2-1/2 years boosted the dollar as it bolstered speculation the Fed may start to taper QE3 as soon as the Dec 17-18 FOMC meeting. EUR/USD tumbled to a 2-week low on speculation the ECB may cut interest rates further after the Eurozone Oct CPI eased to a 3-3/4 year low of +0.7% y/y, weaker than expectations of +1.1% y/y. Closes: Dollar index +0.418 (+0.52%), EUR/USD -0.01521 (-1.11%), USD/JPY -0.154 (-0.16%).
Dec WTI crude oil (CLZ13 -0.19%) this morning is down -14 cents (-0.15%) and Dec gasoline (RBZ13 +0.03%) is down -0.0012 (-0.05%). Dec crude oil and gasoline prices on Thursday closed lower. Negative factors included (1) the rally in the dollar index to a 2-week high, and (2) negative carry-over from Wednesday’s EIA report that showed weekly crude stockpiles climbed +4.09 million bbls to a 4-month high of 383.9 million bbls. Closes: CLZ3 -0.39 (-0.40%), RBZ3 -0.0286 (-1.09%).

GLOBAL EVENT CALENDAR11/01/2013

US	0910 ET	St. Louis Fed President James Bullard speaks to the St. Louis Regional Chambers Financial Forum about U.S. monetary policy and the economy.
	1000 ET	Oct ISM manufacturing expected -1.2 to 55.0, Sep +0.5 to 56.2. Oct ISM prices paid expected -1.5 to 55.0, Sep +2.5 to 56.5.
	1200 ET	Richmond Fed President Jeffrey Lacker speaks to the Global Independence Center in Philadelphia, PA.
	1700 ET	Oct total vehicle sales expected 15.43 million, Sep 15.21 million. Oct domestic vehicle sales expected 11.90 million, Sep 11.66 million.
JPN	0100 ET	Japan Oct vehicle sales, Sep +12.4% y/y.
UK	0530 ET	UK Oct PMI manufacturing expected -0.3 to 56.4, Sep 56.7.

U.S. STOCK CALENDAR11/01/2013

Company Name	Ticker	Time	Event Description	Period	Estimate
NextEra Energy Inc	NEE US	Bef-mkt		Q3 2013	1.394
American International Group Inc	AIG US	8:00		Q3 2013
Chevron Corp	CVX US	8:30		Q3 2013	2.698
Washington Post Co/The	WPO US	8:30		Q3 2013
Northeast Utilities	NU US	9:00		Q3 2013
NextEra Energy Inc	NEE US	9:00		Q3 2013
Ford Motor Co	F US	9:30		2013
NYSE Euronext	NYX US	Aft-mkt
Netflix Inc	NFLX US
Berkshire Hathaway Inc	BRK/A US			Q3 2013	2402.9
Life Technologies Corp	LIFE US			Q3 2013	0.962
General Motors Co	GM US			2013