5 Great Stocks with Momentum

This morning I decided to use two of the best sources of investment information I know and team up the power of both.  I have read and been fascinated with Value Line for almost 50 years.  When I discovered my college had a subscription I went and read each new issue and have ever since  About 10 years ago I was reading a Forbes article called Best of the Web and it rated Barchart as one of the best data sources on technical stock market investing.  To this day I use both.

This morning I took the stocks Value Line Investment Survey rated 1&2.  That equals the quartile that Value Line estimates will have the best chance for relative price appreciation and ran them through Barchart to find which ones had the highest Barchart technical buy signals, then used its Flipchart feature to review the charts.

When I use a list from a reliable source of those predicted to have the best momentum and filter it through another reliable source to  find which is presently having the best momentum I should end up with some great stocks to consider.

Today's watch list includes Xcel Energy (XEL), Northwestern (NWE), Domino's Pizza (DPZ), Altria (MO) and American Water Works (AWK).

Xcel Energy (XEL)

 Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 2.73% in the last month
• Relative Strength Index 69.08%
• Technical support level at 39.67
• Recently traded at 40.70 with a 50 day moving average of 38.13

Northwestern (NWE)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 5.53% in the last month
• Relative Strength Index 71.90%
• Technical support level at 60.00
• Recently traded at 61.29 with a 50 day moving average of 56.37

Domino's Pizza (DPZ)

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 24.11% in the last month
• Relative Strength Index 77.22%
• Technical support level at 131.50
• Recently traded at 134.24 with a 50 day moving average of 114.59

Altria (MO)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 3.42% in the last month
• Relative Strength Index 61.52%
• Technical support level at 61.11
• Recently traded at 62.52 with a 50 day moving average of 59.88

American Water Works (AWK)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 6.35% in the last month
• Relative Strength Index 61.99%
• Technical support level at 66.50
• Recently traded at 68.37 with a 50 day moving average of 63.55

MORNING CALL 3/9

MORNING CALL

Wednesday, March 9th, 2016View Older Reports

Everything you need to know about the markets in one free daily newsletter.

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 +0.56%) are up +0.49% and European stocks are up +1.35% on speculation that the ECB on Thursday will deliver a package of easing measures to spur economic growth. Energy and raw-material producing stocks are higher as the price of crude oil and copper rose. Crude oil had initially moved lower after the API late yesterday reported a +4.4 million bbl increase in U.S. crude inventories. However, crude recovered losses and is up +1.53% on the outlook for lower future U.S. crude production after the EIA cut its U.S. 2017 crude output forecast. Asian stocks settled mixed: Japan -0.84%, Hong Kong -0.08%, China -1.34%, Taiwan -0.35%, Australia +0.96%, Singapore +1.14%, South Korea +0.29%, India +0.55%.

The dollar index (DXY00 +0.16%) is up +0.17%. EUR/USD (^EURUSD) is down -0.33%. USD/JPY (^USDJPY) is down -010% at a 1-week low.

Jun T-note prices (ZNM16 -0.27%) are down -11.5 ticks.

The Energy Information Administration (EIA) in its monthly Short-Term Energy Outlook projected that U.S. 2017 crude production will fall -5.5% y/y to 8.19 million bpd, less than the 8.46 million bpd previously forecast and a 4-year low.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -4.8% with purchase sub-index -0.6% and refi sub-index -7.2%), (2) Jan wholesale inventories (expected -0.2%, Dec -0.1% m/m) and Jan wholesale trade sales (expected -0.3% m/m, Dec -0.3% m/m), (3) the Treasury's auction of $20 billion of 10-year T-notes, (4) EIA Weekly Petroleum Status Report, and (5) USDA Mar WASDE crop production.

There are 2 of the Russell 1000 companies that report earnings today: Tahoe Resources (consensus $0.12), Square Inc (-0.14).

U.S. IPO's scheduled to price today: KLR Acquisition Group (KLREU)

Equity conferences this week include: Raymond James Institutional Investors Conference on Mon-Wed, J.P. Morgan Aviation, Transportation & Industrials Conference on Tue-Wed, Piper Jaffray Technology Symposium on Tue-Wed, RBC Capital Markets Financial Institutions Conference on Tue-Wed, UBS Global Consumer Conference on Wed-Thu, JPMorgan Chase & Co., Inc Aviation, Transportation and Industrials Conference on Tue-Thu, J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thu.

OVERNIGHT U.S. STOCK MOVERS

CBS Corp. (CBS -1.58%) was upgraded to 'Outperform' from 'Market Perform' at Wells Fargo Securities.

Yelp (YELP -4.74%) and Groupon (GRPN -3.78%) were both downgraded to 'Sell' from 'Neutral' at UBS.

United Continental Holdings (UAL -2.20%) reported February traffic was up +2.7% and available seat miles were up +6%, but still sees Q1 passenger unit revenue down 6%-8% y/y due to a stronger dollar, lower surcharges, and softening domestic and international yields.

Ross Stores (ROST -0.26%) were downgraded to 'Neutral' from 'Buy' at Goldman Sachs.

Chipotle Mexican Grill (CMG -1.69%) fell nearly 4% in after-hours trading after it said it closed a store in Billerica, Massachusetts for cleaning after 4 workers at the store "were not feeling well."

Aerovironment (AVAV -0.30%) climbed over 7% in after-hours trading after it raised guidance on yearly gross profit margin to between 38%-39.5%, up from a December forecast of 37%-37.5%.

Blue Buffalo Pet Products (BUFF -4.72%) surged over 10% in after-hours trading after it reported Q4 adjusted EPS of 16 cents, higher than consensus of 14 cents, and then raised guidance on fiscal 2016 adjusted EPS to 72 cents-74 cents, higher than consensus of 70 cents.

NCI Building Systems (NCS -3.45%) rose over 3% in after-hours trading after it reported Q1 adjusted EPS of 7 cents, well above consensus of 2 cents, as Q1 sales rose to $370 million, above consensus of $363.8 million.

Amplify Snack Brands (BETR -1.60%) jumped over 9% in after-hours trading after it reported Q4 adjusted EPS of 13 cents, higher than consensus of 9 cents and then raised guidance on 2016 adjusted EPS to 61 cents-64 cents, above consensus of 57 cents.

Zagg Inc. (ZAGG -1.42%) slumped over 10% in after-hours trading after it reported Q4 GAAP EPS of 18 cents, weaker than consensus of 24 cents.

Cerus Corp. (CERS -5.51%) slid over 5% in after-hours trading after it said it sees 2016 global revenue of $37 million-$40 million, below consensus of $44.5 million.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 +0.56%) this morning are up +9.75 points (+0.49%). Tuesday's closes: S&P 500 -1.12%, Dow Jones -0.64%, Nasdaq -0.88%. The S&P 500 on Tuesday closed lower on concern that a slowdown in China will undercut global economic growth after China Feb exports fell -25.4%y/y, weaker than expectations of -14.5% y/y and the largest decline in 6-3/4 years. In addition, energy and commodity producers showed weakness after the price of crude oil and copper fell.

Jun 10-year T-notes (ZNM16 -0.27%) this morning are down -11.5 ticks. Tuesday's closes: TYM6 +18.50, FVM6 +11.25. Jun T-notes on Tuesday closed higher on increased safe-haven demand with the sell-off in stocks. T-notes also received a boost from Japanese government bonds where the 10-year JGB bond yield fell to a record low of -0.10%.

The dollar index (DXY00 +0.16%) this morning is up +0.163 (+0.17%). EUR/USD (^EURUSD) is down -0.0036 (-0.33%). USD/JPY (^USDJPY) is down-0.11 (-0.10%) at a 1-week low. Tuesday's closes: Dollar Index +0.138 (+0.14%), EUR/USD -0.0003 (-0.03%), USD/JPY -0.84 (-0.74%). The dollar index on Tuesday recovered from a 2-week low and closed higher on weakness in EUR/USD on the outlook for the ECB to expand stimulus when it meets on Thursday. The dollar also received a boost from weakness in GBP/USD after BOE official Weale said that if the outlook for inflation worsens, "the scope for further asset purchases is substantial."

Apr WTI crude (CLJ16 +1.78%) this morning is up +56 cents (+1.53%) and Apr gasoline (RBJ16 +2.02%) is up +0.0318 (+2.29%). Tuesday's closes: CLJ6 -1.40 (-3.69%), RBJ6 -0.0049 (-0.35%). Apr crude and gasoline on Tuesday closed lower on concern that a slowdown in China's economy will lead to slower global growth and energy demand after China Feb exports fell by the most in 6-3/4 years. Crude oil prices were also undercut by expectations that Wednesday's EIA data will show U.S crude supplies rose +3.5 million bbl. Crude oil prices found some underlying support on news that Chinese Feb crude oil imports rose +19% m/m to 31.8 MMT.

GLOBAL EVENT CALENDAR03/09/2016

US	0700 ET	Weekly MBA mortgage applications, previous -4.8% with purchase sub-index -0.6% and refi sub-index -7.2%.
	1000 ET	Jan wholesale inventories expected -0.2%, Dec -0.1% m/m. Jan wholesale trade sales expected -0.3% m/m, Dec -0.3% m/m.
	1030 ET	EIA Weekly Petroleum Status Report.
	1200 ET	USDA Mar WASDE crop production.
	1300 ET	Treasury auctions $20 billion 10-year T-notes.
JPN	0100 ET	Japan Feb machine tool orders, Jan -17.2% y/y.
	1850 ET	Japan Feb PPI expected -0.3% m/m and -3.4% y/y, Jan -0.9% m/m and -3.1% y/y.
UK	0430 ET	UK Jan industrial production expected +0.4% m/m and unch y/y, Dec -1.1% m/m and -0.4% y/y.
	0430 ET	UK Jan manufacturing production expected +0.2% m/m and -0.7% y/y, Dec -0.2% m/m and -1.7% y/y.
	1901 ET	UK Feb RICS house price balance expected 50%, Jan 49%.
CHI	2030 ET	China Feb CPI expected +1.8% y/y, Jan +1.8% y/y. Feb PPI expected -4.9% y/y, Jan -5.3% y/y.
	n/a	China Feb new yuan loans expected +1.2 trillion yuan, Jan +2.51 trillion yuan. Feb aggregate financing expected +1.790 trillion yuan, Jan +3.417 trillion yuan.

U.S. STOCK CALENDAR03/09/2016

Company	Ticker	Time	Event Description	Period	Estimate
Analog Devices Inc	ADI US	9:00	Annual General Meeting	Y 2016
Tyco International Plc	TYC US	10:00	Annual General Meeting	Y 2016
Whole Foods Market Inc	WFM US	11:00	Annual General Meeting	Y 2016
Danaher Corp	DHR US	17:00	ITC Decision Due in Instradent vs. Danaher Corp. Patent Case
Square Inc	SQ US	17:00	Q4 2015 Earnings Call	Q4 2015
Tahoe Resources Inc	THO CN	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.122
Square Inc	SQ US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.137

Cash America International- Chart of the Day

Cash America International (CSH) is the Barchart Chart of the Day.  The pawn shop operator has a Trend Spotter buy signal, a Weighted Alpha of 51.80+ and gained 57.07% in the last year.

The Chart of the Day is Cash America International (CSH).  I found the pawn shop operator stock by using Barchart to sort today All Time High list first for the highest number of new highs in the last month, then for technical buy signals of 80+ then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 1/28 the stock gained 14.41%.

Cash America International Inc. is a specialty financial services enterprise principally engaged in acquiring, establishing and operating pawnshops which advance money on the security of pledged tangible personal property. The company intends to continue its business strategy of acquiring and establishing pawnshops, increasing its share of consumer loan business, and concentrating multiple pawnshops in regional and local markets in order to expand market penetration, enhance name recognition and reinforce marketing programs. 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: 80% technical buy signals Trend Spotter buy signal Above its 20, 50 and 100 day moving averages 16 new highs and up 24.88% in the last month Relative Strength Index 77.83%  Technical support level at 35.39 Recently traded at 36.42 with a 50 day moving average of 30.70 Fundamental factors: Market Cap $925.43 million P/E 30.20 Dividend yield .89% Revenue expected to grow by .80% this year but shrink by .90% next year Earnings estimated to increase 33.70% this year, increase again by another 23.00% next year and continue to compound at an annual rate of 15.60% for the next 5 years Wall Street analysts issued 1 strong buy, 2 buy, 3 hold and 1 under perform reports on the stock

The 5 Best NASDAQ 100 Stocks

Today as I write this post I looked at the 10,000+ stock that are in the Barchart database.  87.22% are trading above their 20 day moving averages and 71.39% are trading above their 59 day moving averages.   I used Barchart to sort the stocks in the NASDAQ 100 Index first for the highest technical buy signals, then I used the Flipchart feature to review the charts.

My list today includes Ross Stores (ROST), Whole Foods Markets (WFM), Kla-Tencor (KLAC), Intuitive Surgical (ISRG) and PayPal (PYPL).

Ross Foods (ROST)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 8 new highs and up 8.76% in the last month
• Relative Strength Index 63.28%
• Technical support level at 55.88
• Recently traded at 57.70 with a 50 day moving average of 54.63

Whole Foods Market (WFM)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 7 new highs and up 15.96% in the last month
• Relative Strength Index 72.43%
• Technical support level at 31.36
• Recently traded at 33.96 with a 50 day moving average of 31.12

Kla-Tencor (KLAC)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 11 new highs and up 6.83% in the last month
• Relative Strength Index 59.69%
• Technical support level at 67.72
• Recently traded at 68.46 with a 50 day moving average of 66.43

Intuitive Surgical (ISRG)

Barchart technical indicators:

• 88% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 16 new highs and up 12.18% in the last month
• Relative Strength Index 60.73%
• Technical support level at 560.01
• Recently traded at 567.00 with a 50 day moving average of 548.02

PayPal (PYPL)

Barchart technical indicators:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 9 new highs and up 15.20% in the last month
• Relative Strength Index 64.80%
• Technical support level at 38.35
• Recently traded at 38.50 with a 50 day moving average of 35.12

MORNING CALL 3/8

MORNING CALL

Tuesday, March 8th, 2016View Older Reports

Everything you need to know about the markets in one free daily newsletter.

E-mail:  

You will also receive a free subscription to the Barchart family of newsletters.

OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 -0.48%) are down -0.61% and European stocks are down -1.17% as a plunge in Chinese exports drags global stocks and commodity prices lower. Chinese trade data fueled economic concerns as Feb exports fell -25.4% y/y, the biggest decline in nearly 7 years, and as Feb imports fell for the 16th consecutive month. On the positive side for European stocks was the +3.3% m/m surge in German Jan industrial production, the largest increase in over 6 years. Asian stocks settled mixed: Japan -0.76%, Hong Kong -0.73%, China +0.14%, Taiwan +0.05%, Australia -0.68%, Singapore -1.58%, South Korea -0.74%, India +0.05%. China's Shanghai Composite erased losses in the final hour of trading and closed slightly higher on reports of stock buying by state-backed funds.

The dollar index (DXY00 +0.03%) is up +0.10%. EUR/USD (^EURUSD) is down -0.05%. USD/JPY (^USDJPY) is down -0.33%.

Jun T-note prices (ZNM16 +0.36%) are up +15 ticks on increased safe-haven demand as global stocks decline. T-notes also garnered support from a rally in Japanese government bonds as the yield on Japan's 30-year government bond fell to a record low of 0.468%.

German Jan industrial production Jumped +3.3% m/m, stronger than expectations of +0.5% m/m and largest increase in 6-1/3 years.

The China Feb trade balance shrank to a surplus of +$32.59 billion, smaller than expectations of +$51.00 billion and the smallest surplus in 11 months. Feb exports fell -25.4% y/y, weaker than expectations of -14.5% y/y and the largest decline in 6-3/4 years. Feb imports fell -13.8% y/y, weaker than expectations of -12.0% y/y.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) the Treasury auction of $24 billion of 3-year T-notes.

There are 3 of the Russell 1000 companies that reports earnings today: John Wiley (consensus $0.68), Dick's Sporting Goods (1.15), Blue Buffalo Pet Products (0.14).

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

Equity conferences this week include: Cowen and Company Health Care Conference on Mon-Tue, Deutsche Bank Media, Internet and Telecom Conference on Mon-Tue, Raymond James Institutional Investors Conference on Mon-Wed, Mitsubishi UFJ Securities: Oil & Gas Conference - New York on Tue, J.P. Morgan Aviation, Transportation & Industrials Conference on Tue-Wed, Piper Jaffray Technology Symposium on Tue-Wed, RBC Capital Markets Financial Institutions Conference on Tue-Wed, UBS Global Consumer Conference on Wed-Thu, JPMorgan Chase & Co., Inc Aviation, Transportation and Industrials Conference on Tue-Thu, J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thu.

OVERNIGHT U.S. STOCK MOVERS

Starwood Hotels & Resorts Worldwide (HOT +0.64%) was downgraded to 'Sell' from 'Buy' at Argus.

Shake Shack (SHAK +0.57%) dropped over 9% in pre-market trading after it lowered its 2016 same-store-sales growth estimate to +2.5% to +3.0%, weaker than consensus of +3.1%.

Urban Outfitters (URBN +1.81%) jumped 10% in pre-market trading after it reported Q4 adjusted EPS of 61 cents, above consensus of 56 cents.

Fastenal (FAST +0.22%) was rated a new 'Buy' at Argus with a price target of $57.

Ilumina (ILMN +3.51%) lost almost 2% in after-hours trading after it announced that Chairman and CEO Jay Flatley will assume role of executive chairman and Francis Desouza will be appointed President and CEO on July 5.

Casey's General Stores (CASY -3.26%) reported Q3 EPS of 97 cents, better than consensus of 93 cents, although Q3 revenue of $1.57 billion was below consensus of $1.59 billion.

Quanex Building Products (NX +1.03%) reported a Q1 loss continuing operations of -2 cents, a narrower loss than consensus of -9 cents.

Actuant (ATU +2.70%) lowered guidance on Q2 preliminary revenue to $263 million, below a December forecast of $270 million-$280 million, and said it will record a net impairment charge of $170 million ($2.86 a share) due to "further weakening of near-term capital spending in the global oil and gas market."

ICF International (ICFI -0.96%) slid almost 2% in after-hours trading after it reported Q4 adjusted EPS of 73 cents, below consensus of 75 cents, and then lowered guidance on 2016 adjusted EPS to $2.79-$2.94, weaker than consensus of $3.00.

Thor Industries (THO +0.02%) gained over 4% in after-hours trading after it reported Q2 ongoing revenue of $975.1 million, above consensus of $910.3 million.

American Midstream Partners (AMID +2.88%) climbed over 2% in after-hours trading after it raised guidance on 2016 adjusted Ebitda to $105 million to $120 million, above consensus of $103.8 million.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 -0.48%) this morning are down -12.25 points (-0.61%). Monday's closes: S&P 500 +0.33%, Dow Jones +0.37%, Nasdaq +0.07%. The S&P 500 on Monday closed higher on strength in energy producers as crude oil rallied to a 2-month high and on expectations for the ECB to expand stimulus measures when it meets on Thursday. U.S. stocks were undercut by Chinese economic concerns after China's National People's Congress outlined a growth range of 6.5-7.0% for 2016, less than last year's growth rate of 6.9% and the slowest expansion in 26 years.

Jun 10-year T-notes (ZNM16 +0.36%) this morning are up +15 ticks. Monday's closes: TYM6 -5.50, FVM6 -6.00. Jun T-notes on Monday fell to a 5-week low and closed lower on negative carryover from Friday's strong U.S. Feb payroll report of +242,000 and by supply pressures as the Treasury auctions $56 billion of T-notes and T-bonds this week.

The dollar index (DXY00 +0.03%) this morning is up +0.095 (+0.10%). EUR/USD (^EURUSD) is down -0.0005 (-0.05%). USD/JPY (^USDJPY) is down-0.38 (-0.33%). Monday's closes: Dollar Index -0.269 (-0.28%), EUR/USD +0.0009 (+0.08%), USD/JPY -0.28 (-0.25%). The dollar index on Monday closed lower on comments from Fed Governor Brainard suggesting she favors the Fed delay an interest rate increase when she said the Fed should show "patience" in adjusting monetary policy in the face of China's slowdown, tighter financial conditions and softer inflation expectations. The dollar was also undercut by strength in petrocurrencies as the Canadian dollar rose to a 3-1/2 month high and the ruble climbed to a 2-month high after crude oil rallied to a 2-month high.

Apr WTI crude (CLJ16 -0.24%) this morning is down -16 cents (-0.42%) and Apr gasoline (RBJ16 +0.72%) is up +0.0050 (+0.36%). Monday's closes: CLJ6 +1.98 (+5.51%), RBJ6 +0.0606 (+4.55%). Apr crude oil and gasoline on Monday closed higher with Apr crude at a 2-month high and Apr gasoline at a 3-1/4 month high. Crude oil prices were boosted by the outlook for U.S. crude production to decline after Friday's data from Baker Hughes showed U.S. active oil rigs fell by 8 to a 6-1/4 year low of 392 in the week ended Mar 4. In addition, Russian Energy Minister Novak said that Russia will meet with key members of OPEC to discuss freezing crude output sometime between Mar 20 and Apr 1.

GLOBAL EVENT CALENDAR03/08/2016

US	1300 ET	Treasury auctions $24 billion 3-year T-notes.
JPN	0000 ET	Japan Feb consumer confidence index expected -0.3 to 42.2, Jan 42.5.
	0100 ET	Japan Feb eco watchers survey outlook expected -0.2 to 49.3, Jan 49.5. Feb eco watchers survey current expected +0.8 to 47.4, Jan 46.6.
GER	0200 ET	German Jan industrial production expected +0.5% m/m and -1.6% y/y, Dec -1.2% m/m and -1.2% y/y.
EUR	0500 ET	Revised Eurozone Q4 GDP, previous +0.3% q/q and +1.5% y/y.

U.S. STOCK CALENDAR03/08/2016

Company	Ticker	Time	Event Description	Period	Estimate
John Wiley & Sons Inc	JW/A US	Bef-mkt	Q3 2016 Earnings Release	Q3 2016	0.68
Dick's Sporting Goods Inc	DKS US	Bef-mkt	Q4 2016 Earnings Release	Q4 2016	1.153
Chevron Corp	CVX US	8:30	Analyst Meeting	Y 2016
Assurant Inc	AIZ US	9:00	Investor Day	Y 2016
FireEye Inc	FEYE US	9:00	Analyst Briefing	Y 2016
John Wiley & Sons Inc	JW/A US	10:00	Q3 2016 Earnings Call	Q3 2016
Dick's Sporting Goods Inc	DKS US	10:00	Q4 2016 Earnings Call	Q4 2016
American Homes 4 Rent	AMH US	11:00	Business Update Call
QUALCOMM Inc	QCOM US	12:30	Annual General Meeting	Y 2016
Blue Buffalo Pet Products Inc	BUFF US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.141
Joy Global Inc	JOY US		Annual General Meeting
Toll Brothers Inc	TOL US		Annual General Meeting	Y 2016

Copart - Chart of the Day

Copart (CPRT) is the Barchart Chart of the Day.  The auto salvager  has a Trend Spotter buy signal, a Weighted Alpha of  12.20+ and gained  7.23% in the last year.

The Chart of the Day belongs to Copart (CPRT).  I found the auto salvage stock 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.  Since the Trend Spotter signaled a buy on 2/17 the stock gained 11.08%.

Copart, Inc. provides vehicle suppliers, primarily insurance companies, with a full range of services to process and sell salvage vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers. Salvage vehicles are either damaged vehicles deemed a total loss for insurance or business purposes or are recovered stolen vehicles for which an insurance settlement with the vehicle owner has already been made.

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:

• 80% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 10 day moving averages
• 16 new highs and up 20.28% in the last month
• Relative Strength Index 72.88%
• Technical support level at 38.03
• Recently traded at 39.91 with a 50 day moving average of 35.83

Fundamental factors:

• Market Cap $4.80 billion
• P/E 22.41
• Revenue expected to grow 5.30% this year and another 5.50% next year
• Earnings estimated to increase 17.70% this year, an additional 1190% next year and continue to compound at an annual rate of 12.85% for the next 5 years
• Wall Street analysts issued 5 strong buy, 1 buy, 2 hold and 1 under perform recommendation on the stock

5 Great Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index stocks first for the highest technical buy signals, then I used the Flipchart feature to review the charts.  Today's list includes:

SouthWest Gas (SWX), Perficient (PRFT), Allete (ALE), Meridian Bioscience (VIVO) and Universal Electronics (UEIC)

SouthWest Gas (SWX)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 5 new highs and up 6.53% in the last month
• Relative Strength Index 67.37%
• Technical support level at 60.38
• Recently traded at 62.98 with a 50 day moving average of 57.94

Perficient (PRFT)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 2 new highs and up 6.57% in the last month
• Relative Strength Index 71.18%
• Technical support level at 19.44
• Recently traded at 19.82 with a 50 day moving average of 17.77

Allete (ALE)

Barchart technical indicators:

• 100% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 2.56% in the last month
• Relative Strength Index 61.64%
• Technical support level at 52.76
• Recently traded at 54.74 with a 50 day moving average of 51.86

Meridian Bioscience (VIVO)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 14 new highs and up 10.58% in the last month
• Relative Strength Index 65.56%
• Technical support level at 20.40
• Recently traded at 20.73 with a 50 day moving average of 19.53

Universal Electronics (UEIC)

Barchart technical indicators:

• 96% technical buy signals
• Trend Spotter buy signal
• Above its 20, 50 and 100 day moving averages
• 4 new highs and up 12.31% in the last month
• Relative Strength Index 72.20%
• Technical support level at 53.66
• Recently traded at 56.91 with a 50 day moving average of 49.97

MORNING CALL 3/7

MORNING CALL

Monday, March 7th, 2016View Older Reports

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OVERNIGHT MARKETS AND NEWS

March E-mini S&Ps (ESH16 -0.35%) are down -0.43% and European stocks are down -1.15% after Chinese leaders lowered growth expectations for this year to 6.5% to 7.0%, down from last year's target of around 7.0%. The price of copper declined on Chinese growth concerns, which dragged down miners and commodity producers, with Anglo American, Glencore and Randgold Resources all down more than 3%. Stock losses were limited as the price of crude oil climbed +1.56% to a 2-month high, which has given energy producing stocks a lift. Another negative for European stocks was the unexpected decline in Eurozone Mar Sentix investor confidence to a 14-month low. Asian stocks settled mixed: Japan -0.61%, Hong Kong -0.08%, China +0.81%, Taiwan +0.19%, Australia +1.04%, Singapore -0.48%, South Korea +0.20%, India closed for holiday.

The dollar index (DXY00 +0.22%) is up +0.29%. EUR/USD (^EURUSD) is down -0.45%. USD/JPY (^USDJPY) is down -0.19%.

Jun T-note prices (ZNM16 -0.08%) are down -3.5 ticks.

China's National People's Congress met over the weekend and outlined a growth range of between 6.5% and 7.0% for 2016, with 6.5% pegged as the baseline through 2020, less than last year's growth rate of 6.9% and the slowest expansion since 1990.

The Eurozone Mar Sentix investor confidence unexpectedly fell -0.5 to 5.5, weaker than expectations of +2.3 to 8.3 and the lowest in 14 months.

U.S. STOCK PREVIEW

Key U.S. news today includes: (1) Fed Governor Lael Brainard's keynote speech at the annual conference of the Institute of International Bankers, (2) Fed Vice Chair Stanley Fischer's luncheon lecture at the annual NABE conference in Washington, and (3) Jan consumer credit (expected +$16.500 billion, Dec +$21.267 billion).

There are 2 of the Russell 1000 companies that reports earnings today: Urban Outfitters (consensus $0.56), and (2) Thor Industries (0.62).

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

Equity conferences this week include: Cowen and Company Health Care Conference on Mon-Tue, Deutsche Bank Media, Internet and Telecom Conference on Mon-Tue, Raymond James Institutional Investors Conference on Mon-Wed, Mitsubishi UFJ Securities: Oil & Gas Conference - New York on Tue, J.P. Morgan Aviation, Transportation & Industrials Conference on Tue-Wed, Piper Jaffray Technology Symposium on Tue-Wed, RBC Capital Markets Financial Institutions Conference on Tue-Wed, UBS Global Consumer Conference on Wed-Thu, JPMorgan Chase & Co., Inc Aviation, Transportation and Industrials Conference on Tue-Thu, J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thu.

OVERNIGHT U.S. STOCK MOVERS

Dunkin' Brands Group (DNKN +1.43%) was downgraded to 'Neutral' from 'Buy' at Guggenheim Securities.

Statasys Ltd. (SSYS +12.68%) was downgraded to 'Underweight' from 'Neutral' at JPMorgan Chase.

Del Taco (TACO -2.60%) reported Q4 EPS of 12 cents, weaker than consensus of 16 cents, and then lowered guidance on fiscal 2016 EPS to 53 cents-56 cents, below consensus of 59 cents.

Cardinal Health (CAH -0.12%) was added to Goldman Sach's Conviction Buy list.

Pier 1 (PIR -0.18%) reported preliminary Q4 comparable sales were down -0.7%, a smaller decline than expectations of down -2.0% to -4.0%.

UDR Inc. (UDR -4.85%) was upgraded to 'Outperform' from 'Market Perform' at BMO Capital Markets.

Wynn Resorts (WYNN -3.29%) was upgraded to 'Boy' from 'Neutral at UBS.

Ingersoll-Rand (IR -0.24%) was upgraded to 'Buy' from 'Neutral' at Nomura with a price target of $68.

C. H. Robinson Worldwide (CHRW +1.64%) was downgraded to 'Market Perform' from 'Outpeform' at BMO Capital Markets.

Du Pont (DD +2.05%) climbed over 6% in after-hours trading after BASF said it was working with banks to weigh a counter bid for DuPont

Lattice Semiconductor (LSCC -0.86%) slumped 10% in after-hours trading after it said CFO Joe Bedewi will leave the company effective April 2.

Apache Corp. (APA +6.54%) said it will close its Alaska operations and won't pursue extensions of its acreage leases that are set to expire later this year.

Carmike Cinemas (CKEC +16.49%) was downgraded to 'Market Perform' from 'Outperform' at Barrington Research.

MARKET COMMENTS

Mar E-mini S&Ps (ESH16 -0.35%) this morning are down -8.50 points (-0.43%). Friday's closes: S&P 500 +0.33%, Dow Jones +0.37%, Nasdaq +0.07%. The S&P 500 on Friday climbed to a 2-month high and settled higher after U.S. Feb non-farm payrolls rose more than expected (+242,000 vs. expectations of +195,000). Also, a rally in energy and commodity producers gave the overall market a lift after crude oil climbed to a 2-month high, gold rallied to a 13-month high and copper rose to a 4-month high. A negative for stock factor was the unexpected -0.1% m/m decline in U.S. Feb avg hourly earnings, weaker than expectations of +0.2% m/m and the first decline in 14 months.

Jun 10-year T-notes (ZNM16 -0.08%) this morning are down -3.5 ticks. Friday's closes: TYM6 -13.50, FVM6 -9.75. Jun T-notes on Friday tumbled to a 1-month low after U.S. Feb non-farm payrolls rose more than expected, which bolsters the case for the Fed to keep raising interest rates. T-notes were also pressured after the S&P 500 rallied to a 2-month high, which reduced the safe-haven demand for T-notes.

The dollar index (DXY00 +0.22%) this morning is up +0.286 (+0.29%). EUR/USD (^EURUSD) is down -0.0050 (-0.45%). USD/JPY (^USDJPY) is down-0.22 (-0.19%). Friday's closes: Dollar Index -0.252 (-0.26%), EUR/USD +0.0048 (+0.44%), USD/JPY +0.05 (+0.04%). The dollar index on Friday fell to a 1-1/2 week low as the unexpected decline in U.S. Feb average hourly earnings (-0.1% m/m vs. expectations of +0.2% m/m) may keep the Fed from raising interest rates. EUR/USD rallied after the German Feb Markit construction PMI rose +1.7 to a record high 59.6 (data from 2013).

Apr WTI crude (CLJ16 +1.67%) this morning is up +56 cents (+1,56%) at a 2-month high and Apr gasoline (RBJ16 +0.62%) is up +0.0060 (+0.45%). Friday's closes: CLJ6 +1.35 (+3.91%), RBJ6 +0.0333 (+2.56%). Apr crude oil and gasoline on Friday closed higher with Apr crude at a 2-month high after the dollar index sold off to a 1-1/2 week low and after data from Baker Hughes showed U.S. active oil rigs fell by 8 to a 6-1/4 year low of 392 in the week ended Mar 4, which should curb future U.S. crude production.

GLOBAL EVENT CALENDAR03/07/2016

US	1100 ET	USDA weekly grain export inspections.
	1200 ET	Fed Governor Lael Brainard is keynote speaker at the annual conference of the Institute of International Bankers.
	1300 ET	Fed Vice Chair Stanley Fischer delivers luncheon lecture at the annual NABE conference in Washington.
	1500 ET	Jan consumer credit expected +$16.500 billion, Dec +$21.267 billion.
JPN	0000 ET	Japan Jan leading index CI expected -0.5 to 101.6, Dec 102.1. Jan coincident index expected +2.9 to 113.8, Dec 110.9.
	1850 ET	Revised Japan Q4 GDP expected -1.6% (q/q annualized), previous -1.4% (q/q annualized).
	2330 ET	Japan Feb bankruptcies, Jan -6.38% y/y.
GER	0200 ET	German Jan factory orders expected -0.3% m/m and unch y/y, Dec -0.7% m/m and -2.7% y/y.
EUR	0430 ET	Eurozone Mar Sentix investor confidence expected +2.3 to 8.3, Feb 6.0.
UK	1901 ET	UK Feb BRC sales like-for-like expected +0.5% y/y, Jan +2.6% y/y.
CHI	n/a	China Feb trade balance expected +$50.75 billion, Jan +$63.29 billion. Feb exports expected -15.0% y/y, Jan 11.2% y/y. Feb imports expected -10.2% y/y, Jan -18.8% y/y.

U.S. STOCK CALENDAR03/07/2016

Company	Ticker	Time	Event Description	Period	Estimate
Superior Industries International Inc	SUP US	Bef-mkt	Q4 2015 Earnings Release	Q4 2015	0.345
Greif Inc	GEF US	Bef-mkt	Q1 2016 Earnings Release	Q1 2016	0.323
Federated National Holding Co	FNHC US	8:00	Q4 2015 Earnings Release	Q4 2015	0.744
Lumos Networks Corp	LMOS US	8:00	Q4 2015 Earnings Release	Q4 2015	0.073
Casey's General Stores Inc	CASY US	16:00	Q3 2016 Earnings Release	Q3 2016	0.925
TG Therapeutics Inc	TGTX US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.317
United Natural Foods Inc	UNFI US	Aft-mkt	Q2 2016 Earnings Release	Q2 2016	0.478
Hill International Inc	HIL US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.107
ICF International Inc	ICFI US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.747
Neff Corp	NEFF US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.363
Heritage-Crystal Clean Inc	HCCI US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.177
CatchMark Timber Trust Inc	CTT US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.07
Quanex Building Products Corp	NX US	Aft-mkt	Q1 2016 Earnings Release	Q1 2016	-0.093
Addus HomeCare Corp	ADUS US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.286
Atlas Financial Holdings Inc	AFH US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.355
Douglas Dynamics Inc	PLOW US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.563
Otonomy Inc	OTIC US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.958
Xencor Inc	XNCR US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.295
Preferred Apartment Communities Inc	APTS US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.325
Jones Energy Inc	JONE US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	-0.058
Shake Shack Inc	SHAK US	Aft-mkt	Q4 2015 Earnings Release	Q4 2015	0.073
Lion Biotechnologies Inc	LBIO US		Q4 2015 Earnings Release	Q4 2015	-0.2