Thursday, July 23, 2015

Imperva - Barchart's Chart of the Day

Imperva (IMPV) is the Barchart Chart of the Day.  The software developer has a Trend Spotter buy signal, a Weighted Alpha of 176.20+ and gained 206.63% in the last year.

The Chart of the Day belongs to Imperva (IMPV).  I found the software development stock by using Barchart to sort today's All Time High list for the stocks with highest Weighted Alpha then used the Flipchart feature to review the charts.  Since the Trend Spotter signaled a buy on 6/8 the stock gained 32.75%.

Imperva Inc. is engaged in the development of protection software and services for business applications and databases. The Company delivers innovative technology to give full audit accountability and separation of duties to meet regulatory compliance. It offers SecureSphere Data Security Suite to protect sensitive data from hackers and malicious insiders along with providing a fast and cost-effective route to regulatory compliance and establishes a repeatable process for data risk management. The Company's SecureSphere offers database security solutions to secure sensitive data stored in databases, File Security solutions to protect sensitive files on file servers, storage devices, content repositories, and meet regulatory compliance mandates and Web Application Security solutions to protect web applications from cyber attacks. Imperva Inc. is headquartered in Redwood Shores, California.


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% Barchart technical buy signals
  • Weighted Alpha of 176.20+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 7 new highs and up 6.01% in the last month
  • Relative Strength Index 64.71%
  • Barchart computes a technical support level at 64.84
  • Recently traded at 71.83 with a 50 day moving average of 64.16
Fundamental factors:
  • Market Cap $2.14 billion
  • Revenue expected to grow 26.10% this year and another 21.70% next year
  • Earnings estimated to increase 6.80% this year, an additional 47.80% next year and continue to compound at an annual rate of 25.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 11 buy and 5 hold recommendations on the stock
The 20-50 Day MACD Oscillator has been an effective technical trading strategy for this stock,

Today's 5 Best Small Caps

Today I used Barchart to sort the S&P 600 Small Cap Index stocks for the ones with the highest Weighted Alpha then used the Flipchart feature to review the charts.

Today's list includes Lending Tree (TREE), Amedisys (AMED), Supernus Pharmaceutical (SUPN), AMN Healthcare Services (AHS), and Depomed (DEPO).

Lending Tree (TREE)


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Weighted Alpha of 221.30+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 12.83% in the last month
  • Relative Strength Index 67.62%
  • Barchart computes a technical support level at 82.92
  • Recently traded at 82.93 with a 50 day moving average of 69.61
Amedisys (AMED)


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Weighted Alpha of 177.60+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 10.63% in the last month
  • Relative Strength Index 73.34%
  • Barchart computes a technical support level at 42.66
  • Recently traded at 44.70 with a 50 day moving average of 37.29


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Weighted Alpha of 165.80+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 8 new highs and up 20.31% in the last month
  • Relative Strength Index 69.98%
  • Barchart computes a technical support level at 19.20
  • Recently traded at 20.15 with a 50 day moving average of 16.32


Barchart technical indicators:
  • 40% Barchart technical buy signals
  • Weighted Alpha of 134.70+
  • Trend Spotter buy signal
  • Above its 50 and 100 day moving averages
  • 6 new highs and up .36% in the last month
  • Relative Strength Index 53.95%
  • Barchart computes a technical support level at 30.47
  • Recently traded at 30.64 with a 50 day moving average of 28.92
Depomed (DEPO)


Barchart technical indicators:
  • 80% Barchart technical buy signals
  • Weighted Alpha of 128.70+
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 42.50% in the last month
  • Relative Strength Index 77.56%
  • Barchart computes a technical support level at 31.91
  • Recently traded at 32.89 with a 50 day moving average of 23.76












BARCHART MORNING CALL 7/23

OVERNIGHT MARKETS AND NEWS
September E-mini S&Ps (ESU15 +0.06%) are up +0.14% and European stocks are up +0.09% led by an increase in M&A activity. Cigna rose nearly 7% in pre-market trading after people familiar with the matter said Anthem is close to a deal to buy Cigna for $48 billion. Also, technology stocks are higher, led by a 13% surge in SanDisk, after the company reported Q2 earnings that were nearly double analysts' estimates. Representatives of Greece's creditor institutions will meet in Athens on Friday to hold formal negotiations on a new bailout after the Greek parliament passed a second round of reforms needed for a bailout. A Greek government official said decisions about reopening the Athens Stock Exchange and Greek financial markets will be deferred to next week. Asian stocks closed mixed: Japan +0.44%, Hong Kong +0.46%, China +2.43%, Taiwan -1.43%, Australia -0.43%, Singapore -0.08%, South Korea -0.23%, India -0.47%. Japanese stocks closed higher after Japan Jun exports rose by the most in 5 months, and China's Shanghai Composite rallied to a 3-week high, led by gains in financial companies, after data showed margin traders increased holdings of stock purchased on margin debt for a fourth day on Wednesday.
Commodity prices are mostly higher due to a weak dollar. Sep crude oil (CLU15 +0.08%) is up +0.06%. Sep gasoline (RBU15 +0.84%) is up +0.74%. Metals prices are mixed. Aug gold (GCQ15 +0.80%) is up +0.84%. Sep copper (HGU15 +0.14%) is down -0.04%. Agricultural prices are higher.
The dollar index (DXY00 -0.63%) is down -0.56% at a 1-week low. EUR/USD (^EURUSD) is up +0.59% at a 1-week high after Greece's parliament approved a second round of reforms needed for a bailout. USD/JPY (^USDJPY) is down -0.14%.

Sep T-note prices (ZNU15 +0.01%) are up +1 tick.
The Japan Jun trade balance narrowed to a -69.0 billion yen deficit from a downward revised -217.2 billion yen deficit in May, weaker than expectations of a +45.8 billion yen surplus. Jun exports rose +9.5% y/y, weaker than expectations of +10.0% y/y, although the largest increase in 5 months. Jun imports fell -2.9% y/y, a smaller decline than expectations of -4.3% y/y.
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly initial unemployment claims (expected -3,000 to 278,000 after last week's -15,000 to 281,000) and continuing claims report (expected +25,000 to 2.240 million after last week's -112,000 to 2.215 million), (2) Jun Chicago Fed national activity index (expected +0.12 to -0.05 after May's +0.02 to -0.17), (3) Jun leading indicators (expected +0.3% after May's +0.7%), (4) Jul Kansas City Fed manufacturing activity (expected +4 to -5 after June's +4 to -9), (5) the Treasurys's auction of $15 billion of 10-year TIPS.
There are 56 of the S&P 500 companies that report earnings today with notable reports including: Amazon.com (consensus -0.14), Visa ($0.58), AT&T (0.64), Starbucks (0.41), Caterpillar ($1.26), McDonald's (1.23), PulteGroup (0.26), Comcast (0.84), GM (1.08), Nasdaq (0.80), Under Armour (0.05), E-Trade (0.27).
U.S. IPO's scheduled to price today include: Exelixis (EXEL).
Equity conferences during the remainder of this week include: Wells Fargo Securities Telecom Symposium on Thu.
OVERNIGHT U.S. STOCK MOVERS
Eli Lilly (LLY +0.95%) gained 3% in pre-market trading after it reported Q2 EPS of 90 cents, well above consensus of 74 cents.
Texas Instruments (TXN -1.85%) reported Q2 EPS of 65 cents, right on consensus, although Q2 revenue of $3.23 billion was below consensus of $3.26 billion.
Equifax (EFX +0.76%) reported Q2 adjusted EPS of $1.15, above consensus of $1.10.
United Rentals (URI -1.45%) slid 5% in after-hours trading after it reported Q2 adjusted EPS of $1.95, better than consensus of $1.74, but then lowered guidance on fiscal 2015 revenue view to $5.8 billion-$5.9 billion from $6 billion-$6.1 billion, lower than consensus of $6 billion.
Cheesecake Factory (CAKE +1.83%) reported Q2 EPS of 69 cents, higher than consensus of 62 cents.
Crown Castle (CCI -0.22%) reported Q2 AFFO of $1.03, less than consensus of $1.06.
Fortune Brands (FBHS +0.14%) reported Q2 adjusted EPS of 59 cents, higher than consensus of 57 cents.
Covanta (CVA -2.06%) reported an unexpected Q2 EPS loss of -6 cents, below consensus of a 3 cent profit.
Discover (DFS +0.12%) reported Q2 EPS of $1.33, better than consensus $1.32, although Q2 revenue of $2.18 billion was below consensus of $2.22.
F5 Networks (FFIV +0.19%) reported Q3 EPS of $1.67, higher than consensus of $1.60.
Tractor Supply (TSCO +1.34%) reported Q2 EPS of $1.12, above consensus of $1.11.
Las Vegas Sands (LVS +0.24%) reported Q2 adjusted EPS of 60 cents, less than consensus of 61 cents.
American Express (AXP +0.05%) reported Q2 EPS of $1.42, better than consensus of $1.32.
Plexus (PLXS -0.28%) reported Q3 EPS of 69 cents, below consensus of 70 cents.
Qualcomm (QCOM -1.46%) dropped 2% in after-hours trading after it reported Q3 adjusted EPS of 99 cents, higher than consensus of 95 cents, but then lowered guidance on fiscal 2015 adjusted EPS view to $4.50-$4.70 from $4.60-$5.00, below consensus of $4.79.
MARKET COMMENTS
September E-mini S&Ps (ESU15 +0.06%) this morning are up +3.00 points (+0.14%). Wednesday's closes: S&P 500 -0.24%, Dow Jones -0.38%, Nasdaq -1.09%. The S&P 500 on Wednesday closed lower on a slide in technology stocks due to disappointing earnings results from the likes of Apple, Microsoft and Yahoo, and weakness in basic-resource companies after commodity prices plunged. Stocks recovered from their worst levels after U.S. Jun existing home sales rose by +3.2% to an 8-1/3 year high of 5.49 million units.
Sep 10-year T-notes (ZNU15 +0.01%) this morning are up +1 tick. Wednesday's closes: TYU5 +3.50, FVU5 -1.00. Sep T-notes in Wednesday rose to a 1-week high and closed higher on increased safe-haven demand for T-notes after stock prices tumbled and on reduced inflation expectations as the 10-year T-note break-even inflation rate fell to a 1-3/4 month low.
The dollar index (DXY00 -0.63%) this morning is down -0.547 (-0.56%) at a 1-week low. EUR/USD (^EURUSD) is up +0.0064 (+0.59%) at a 1-week high. USD/JPY (^USDJPY) is down -0.17 (-0.14%). Wednesday's closes: Dollar Index +0.270 (+0.28%), EUR/USD -0.00075 (-0.07%), USD/JPY +0.07 (+0.06%). The dollar index on Wednesday closed higher on the stronger-than-expected U.S. June existing home sales report of +3.2% to an 8-1/3 year high of 5.49 million units and on weakness in the commodity currencies of Canada, Australia and New Zealand against the dollar after the CRB commodity price index fell to a 3-month low.
Sep WTI crude oil (CLU15 +0.08%) this morning is up +3 cents (+0.06%). Sep gasoline (RBU15 +0.84%)is up +0.0134 (+0.74%). Wednesday's closes: CLU5 -1.67 (-3.28%), RBU5 -0.0556 (-2.97%). Sep crude and gasoline on Wednesday closed sharply lower with Sep crude at a 3-1/2 month low on the (1) a stronger dollar, (2) the unexpected +2.47 million bbl increase in weekly EIA crude inventories, more than expectations of a -1.75 million bbl draw, and (3) the +813,000 bbl increase in crude supplies at Cushing, OK, the delivery point of WTI futures, the fourth straight increase.
GLOBAL EVENT CALENDAR07/23/2015
US0830 ETWeekly initial unemployment claims expected -3,000 to 278,000, previous -15,000 to 281,000. Weekly continuing claims expected +25,000 to 2.240 million, previous 112,000 to 2.215 million.
0830 ETJun Chicago Fed national activity index expected +0.12 to -0.05, May +0.02 to -0.17.
0830 ETUSDA weekly Export Sales.
1000 ETJun leading indicators expected +0.3%, May +0.7%.
1100 ETJul Kansas City Fed manufacturing activity expected +4 to -5, Jun +4 to -9.
1100 ETTreasury announces amount of 2-year T-notes (previous $26 billion), 2-year floating-rate notes (previous $13 billion), 5-year T-notes (previous $35 billion) and 7-year T-notes (previous $29 billion) to be auctioned Jul 28-30.
1300 ETTreasury auctions $15 billion of 10-year TIPS.
UK0430 ETUK Jun retail sales including auto fuel expected +0.4% m/m and +4.8% y/y, May +0.2% m/m and +4.6% y/y.
0430 ETUK Jun retail sales ex-auto fuel expected +0.4% m/m and +5.1% y/y, May +0.2% m/m and +4.4% y/y.
EUR1000 ETEurozone Jul consumer confidence expected -0.2 to -5.8, Jun unch at -5.6.
U.S. STOCK CALENDAR07/23/2015
CompanyTickerTimeEvent DescriptionPeriodEstimate
American Electric Power Co IncAEP USBef-mktQ2 2015 Earnings ReleaseQ2 20150.806
Boston Scientific CorpBSX USBef-mktQ2 2015 Earnings ReleaseQ2 20150.214
Dow Chemical Co/TheDOW USBef-mktQ2 2015 Earnings ReleaseQ2 20150.819
EQT CorpEQT USBef-mktQ2 2015 Earnings ReleaseQ2 20150.017
Kimberly-Clark CorpKMB USBef-mktQ2 2015 Earnings ReleaseQ2 20151.359
Eli Lilly & CoLLY USBef-mktQ2 2015 Earnings ReleaseQ2 20150.737
McDonald's CorpMCD USBef-mktQ2 2015 Earnings ReleaseQ2 20151.232
Nucor CorpNUE USBef-mktQ2 2015 Earnings ReleaseQ2 20150.251
PulteGroup IncPHM USBef-mktQ2 2015 Earnings ReleaseQ2 20150.262
Snap-on IncSNA USBef-mktQ2 2015 Earnings ReleaseQ2 20152
Southwest Airlines CoLUV USBef-mktQ2 2015 Earnings ReleaseQ2 20151.009
Comcast CorpCMCSA USBef-mktQ2 2015 Earnings ReleaseQ2 20150.842
Celgene CorpCELG USBef-mktQ2 2015 Earnings ReleaseQ2 20151.23
Huntington Bancshares Inc/OHHBAN USBef-mktQ2 2015 Earnings ReleaseQ2 20150.206
T Rowe Price Group IncTROW USBef-mktQ2 2015 Earnings ReleaseQ2 20151.201
Macerich Co/TheMAC USBef-mktQ2 2015 Earnings ReleaseQ2 20150.929
AmerisourceBergen CorpABC USBef-mktQ3 2015 Earnings ReleaseQ3 20151.146
Cameron International CorpCAM USBef-mktQ2 2015 Earnings ReleaseQ2 20150.772
Quest Diagnostics IncDGX USBef-mktQ2 2015 Earnings ReleaseQ2 20151.235
Fidelity National Information Services IncFIS USBef-mktQ2 2015 Earnings ReleaseQ2 20150.708
Mead Johnson Nutrition CoMJN USBef-mktQ2 2015 Earnings ReleaseQ2 20150.771
Dr Pepper Snapple Group IncDPS USBef-mktQ2 2015 Earnings ReleaseQ2 20151.1
General Motors CoGM USBef-mktQ2 2015 Earnings ReleaseQ2 20151.081
Danaher CorpDHR US6:00Q2 2015 Earnings ReleaseQ2 20151.04
Raytheon CoRTN US7:00Q2 2015 Earnings ReleaseQ2 20151.634
NASDAQ OMX Group Inc/TheNDAQ US7:00Q2 2015 Earnings ReleaseQ2 20150.795
Under Armour IncUA US7:15Q2 2015 Earnings ReleaseQ2 20150.048
Bristol-Myers Squibb CoBMY US7:30Q2 2015 Earnings ReleaseQ2 20150.363
Caterpillar IncCAT US7:30Q2 2015 Earnings ReleaseQ2 20151.262
CMS Energy CorpCMS US7:30Q2 2015 Earnings ReleaseQ2 20150.292
3M CoMMM US7:30Q2 2015 Earnings ReleaseQ2 20151.995
Waste Management IncWM US7:30Q2 2015 Earnings ReleaseQ2 20150.629
Alliance Data Systems CorpADS US7:30Q2 2015 Earnings ReleaseQ2 20153.245
Ryder System IncR US7:55Q2 2015 Earnings ReleaseQ2 20151.615
Boston Scientific CorpBSX US8:00Q2 2015 Earnings CallQ2 2015
Danaher CorpDHR US8:00Q2 2015 Earnings CallQ2 2015
Freeport-McMoRan IncFCX US8:00Q2 2015 Earnings ReleaseQ2 20150.077
Union Pacific CorpUNP US8:00Q2 2015 Earnings ReleaseQ2 20151.347
NASDAQ OMX Group Inc/TheNDAQ US8:00Q2 2015 Earnings CallQ2 2015
CMS Energy CorpCMS US8:30Q2 2015 Earnings CallQ2 2015
Equifax IncEFX US8:30Q2 2015 Earnings CallQ2 2015
PulteGroup IncPHM US8:30Q2 2015 Earnings CallQ2 2015
Comcast CorpCMCSA US8:30Q2 2015 Earnings CallQ2 2015
Quest Diagnostics IncDGX US8:30Q2 2015 Earnings CallQ2 2015
Alliance Data Systems CorpADS US8:30Q2 2015 Earnings CallQ2 2015
Fidelity National Information Services IncFIS US8:30Q2 2015 Earnings CallQ2 2015
Under Armour IncUA US8:30Q2 2015 Earnings CallQ2 2015
Union Pacific CorpUNP US8:45Q2 2015 Earnings CallQ2 2015
American Electric Power Co IncAEP US9:00Q2 2015 Earnings CallQ2 2015
Dow Chemical Co/TheDOW US9:00Q2 2015 Earnings CallQ2 2015
Eli Lilly & CoLLY US9:00Q2 2015 Earnings CallQ2 2015
3M CoMMM US9:00Q2 2015 Earnings CallQ2 2015
Raytheon CoRTN US9:00Q2 2015 Earnings CallQ2 2015
Celgene CorpCELG US9:00Q2 2015 Earnings CallQ2 2015
Ameriprise Financial IncAMP US9:00Q2 2015 Earnings CallQ2 2015
Brown-Forman CorpBF/B US9:30Annual General MeetingY 2015
Cameron International CorpCAM US9:30Q2 2015 Earnings CallQ2 2015
Mead Johnson Nutrition CoMJN US9:30Q2 2015 Earnings CallQ2 2015
Freeport-McMoRan IncFCX US10:00Q2 2015 Earnings CallQ2 2015
Kimberly-Clark CorpKMB US10:00Q2 2015 Earnings CallQ2 2015
Newmont Mining CorpNEM US10:00Q2 2015 Earnings CallQ2 2015
Snap-on IncSNA US10:00Q2 2015 Earnings CallQ2 2015
Huntington Bancshares Inc/OHHBAN US10:00Q2 2015 Earnings CallQ2 2015
Waste Management IncWM US10:00Q2 2015 Earnings CallQ2 2015
General Motors CoGM US10:00Q2 2015 Earnings CallQ2 2015
Bristol-Myers Squibb CoBMY US10:30Q2 2015 Earnings CallQ2 2015
EQT CorpEQT US10:30Q2 2015 Earnings CallQ2 2015
Crown Castle International CorpCCI US10:30Q2 2015 Earnings CallQ2 2015
Caterpillar IncCAT US11:00Q2 2015 Earnings CallQ2 2015
McDonald's CorpMCD US11:00Q2 2015 Earnings CallQ2 2015
Ryder System IncR US11:00Q2 2015 Earnings CallQ2 2015
AmerisourceBergen CorpABC US11:00Q3 2015 Earnings CallQ3 2015
United Rentals IncURI US11:00Q2 2015 Earnings CallQ2 2015
Dr Pepper Snapple Group IncDPS US11:00Q2 2015 Earnings CallQ2 2015
Southwest Airlines CoLUV US12:30Q2 2015 Earnings CallQ2 2015
Nucor CorpNUE US14:00Q2 2015 Earnings CallQ2 2015
SL Green Realty CorpSLG US14:00Q2 2015 Earnings CallQ2 2015
Stryker CorpSYK US16:00Q2 2015 Earnings ReleaseQ2 20151.168
Principal Financial Group IncPFG US16:00Q2 2015 Earnings ReleaseQ2 20151.043
Robert Half International IncRHI US16:02Q2 2015 Earnings ReleaseQ2 20150.661
Stericycle IncSRCL US16:02Q2 2015 Earnings ReleaseQ2 20151.141
CR Bard IncBCR US16:05Q2 2015 Earnings ReleaseQ2 20152.176
Capital One Financial CorpCOF US16:05Q2 2015 Earnings ReleaseQ2 20151.98
E*TRADE Financial CorpETFC US16:05Q2 2015 Earnings ReleaseQ2 20150.269
VeriSign IncVRSN US16:05Q2 2015 Earnings ReleaseQ2 20150.746
Visa IncV US16:05Q3 2015 Earnings ReleaseQ3 20150.584
Altera CorpALTR US16:15Q2 2015 Earnings ReleaseQ2 20150.251
AT&T IncT US16:30Q2 2015 Earnings CallQ2 2015
Stryker CorpSYK US16:30Q2 2015 Earnings CallQ2 2015
Macerich Co/TheMAC US16:30Q2 2015 Earnings CallQ2 2015
VeriSign IncVRSN US16:30Q2 2015 Earnings CallQ2 2015
TripAdvisor IncTRIP US16:30Q2 2015 Earnings CallQ2 2015
CR Bard IncBCR US17:00Q2 2015 Earnings CallQ2 2015
CA IncCA US17:00Q1 2016 Earnings CallQ1 2016
Robert Half International IncRHI US17:00Q2 2015 Earnings CallQ2 2015
Skyworks Solutions IncSWKS US17:00Q3 2015 Earnings CallQ3 2015
Starbucks CorpSBUX US17:00Q3 2015 Earnings CallQ3 2015
Capital One Financial CorpCOF US17:00Q2 2015 Earnings CallQ2 2015
Stericycle IncSRCL US17:00Q2 2015 Earnings CallQ2 2015
E*TRADE Financial CorpETFC US17:00Q2 2015 Earnings CallQ2 2015
Amazon.com IncAMZN US17:00Q2 2015 Earnings CallQ2 2015
Republic Services IncRSG US17:00Q2 2015 Earnings CallQ2 2015
Juniper Networks IncJNPR US17:00Q2 2015 Earnings CallQ2 2015
Visa IncV US17:00Q3 2015 Earnings CallQ3 2015
Chubb Corp/TheCB USAft-mktQ2 2015 Earnings ReleaseQ2 20151.858
CA IncCA USAft-mktQ1 2016 Earnings ReleaseQ1 20160.617
AT&T IncT USAft-mktQ2 2015 Earnings ReleaseQ2 20150.636
Skyworks Solutions IncSWKS USAft-mktQ3 2015 Earnings ReleaseQ3 20151.286
Starbucks CorpSBUX USAft-mktQ3 2015 Earnings ReleaseQ3 20150.409
Amazon.com IncAMZN USAft-mktQ2 2015 Earnings ReleaseQ2 2015-0.142
Republic Services IncRSG USAft-mktQ2 2015 Earnings ReleaseQ2 20150.51
Juniper Networks IncJNPR USAft-mktQ2 2015 Earnings ReleaseQ2 20150.404
TripAdvisor IncTRIP USAft-mktQ2 2015 Earnings ReleaseQ2 20150.545
Hanesbrands IncHBI USQ2 2015 Earnings ReleaseQ2 20150.5

Wednesday, July 22, 2015

Lending Tree - Barchart's Chart of the Day

Lending Tree (TREE) is the Barchart Chart of the Day.  The loan brokerage has a Trend Spotter buy signal, a Weighted Alpha of 221.40+ and gained 242.29% in the last year.

The Chart of the Day belongs to Lending Tree (TREE).  I found the loan brokerage stock by using Barchart to sort today's All Time High list for the stocks with the highest Weighted Alpha, then used the Flipchart feature to review the charts,  Since the Trend Spotter signaled a buy in 5/19 the stock gained 43.19%.

LendingTree, Inc. is an online lending exchange, providing a marketplace that connects consumers with multiple lenders that compete for their business. It provides access to mortgages and refinance loans, home equity loans/lines of credit, auto loans, personal loans and credit cards. LendingTree also provides brokerage that matches residential home buyers interested in newly constructed homes with builders. The Company's brands include LendingTree, GetSmart, LendingTree Education, LendingTree Autos, LendingTree Home Pros, and InsuranceTree. LendingTree, Inc., formerly known as Tree.com, Inc., is based in Charlotte, North Carolina.

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

Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Weighted Alpha of 221.40+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 11 new highs and up 17.55% in the last month
  • Relative Strength Index 75.72%
  • Barchart computes a technical support level at 82.54
  • Recently traded at 84.80 with a 50 day moving average of 69.11
Fundamental factors:
  • Market Cap $970.96 million
  • P/E 54.43
  • Revenue expected to grow 24.00% this year and another 16.90% next year
  • Earnings estimated to increase 3675.00% this year and an additional 42.00% next year
  • Wall Street analysts issued 1 strong by and 2 buy recommendations on the stock
The 50-100 Day MACD Oscillator as been an effective technical trading strategy for this stock.

Buy Signals - NSSC GAIN CPRX

Today I added Napco Security Technologies (NSSC), Gladstone Investment Corp (GAIN) and Catalyst Pharmaceutical Partners (CPRX) to the Barchart Van Meerten Speculative portfolio for positive price momentum.

Napco Security Technologies (NSSC)


Barchart technical indicators:
  • 88% Barchart technical buy signals
  • Weighted Alpha of 28.50+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 5.04% in the last month
  • Relative Strength Index 65.49%
  • Barchart computes a technical support level at 5.89
  • Recently traded at 6.04 with a 50 day moving average of 5.57


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Weighted Alpha of 12.90+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 12 new highs and up 5.08% in the last month
  • Relative Strength Index 64.09
  • Barchart computes a technical support level at 8.14
  • Recently traded at 8.14 with a 50 day moving average of 7.81


Barchart technical indicators:
  • 96% Barchart technical buy signals
  • Weighted Alpha of 113.70+
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 10 new highs and up 31.60% in the last month
  • Relative Strength Index 65.33%
  • Barchart computes a technical support level at 5.36
  • Recently traded at 5.34 with a 50 day moving average of 4.22






BARCHART MORNING CALL 7/22

OVERNIGHT MARKETS AND NEWS
September E-mini S&Ps (ESU15 -0.40%) are down -0.40% as a slump in technology stocks drags the overall market lower. Disappointing earnings results after the market closed yesterday from Apple, Microsoft and Yahoo sent stock index futures lower with Apple down 5% in pre-market trading, Microsoft down nearly 4% and Yahoo down over 2%. European stocks are only down -0.11% as decent earnings results from Danske Bank A/S and EasyJet Plc kept losses in the overall market at a minimum. Asian stocks closed mostly lower: Japan -1.19%, Hong Kong -0.99%, China +0.21%, Taiwan -0.97%, Australia -1.61%, Singapore -0.35%, South Korea -0.99%, India +1.15%. China's Shanghai Composite reversed early losses, posted a 2-1/2 week high, and closed up +0.21% as shipping companies rallied after the Baltic Dry Index, a gauge of commodity shipping rates, rose to a 7-month high.
Commodity prices are mostly lower. Sep crude oil (CLU15 -1.08%) is down -1.08%. Sep gasoline (RBU15 -1.45%) is down -1.56%. Metals prices are weaker. Aug gold (GCQ15 -1.03%) is down -0.99%. Sep copper (HGU15 -1.58%) is down -1.58% at a 2-week low. Agricultural prices are lower with Dec corn down -1.50% at a 3-week low and Sep wheat down -1.29% at a 4-week low.
The dollar index (DXY00 unch) is up +0.07%. EUR/USD (^EURUSD) is down -0.10%. USD/JPY (^USDJPY) is down -0.07%.

Sep T-note prices (ZNU15 +0.07%) are up +1.5 ticks.
The minutes of the Jul 8-9 BOE meeting showed a growing number of policy makers were concerned about rising inflation pressures as the minutes stated that "for a number of members, the balance of risks to medium-term inflation relative to the 2.0% target was becoming more skewed to the upside at the current level of bank rate."
U.S. STOCK PREVIEW
Key U.S. news today includes: (1) weekly MBA mortgage applications (previous -1.9% with purchase sub-index -7.5% and refi sub-index +3.7%), (2) May FHFA house price index (expected +0.4% m/m after April's +0.3% m/m), (3) Jun existing home sales (expected +0.9% to 5.40 million after May's +5.1% to 5.35 million).
There are 27 of the S&P 500 companies that report earnings today with notable reports including: Northern Trust (consensus $0.96), Abbott Labs (0.50), Coca-Cola (0.60), Boeing (1.37), Texas Instruments (0.65), American Express (1.32), Newmont Mining (0.26), Ameriprise (2.28), Discover Financial (1.32).
U.S. IPO's scheduled to price today include: Hennessy Capital Acquisition (HCACU), Etre REIT (ESSF), Live Oak Bancshares (LOB), Neos Therapeutics (NEOS).
Equity conferences during the remainder of this week include: Wells Fargo Securities Telecom Symposium on Thu.
OVERNIGHT U.S. STOCK MOVERS
Apple (AAPL -1.00%) fell 5% in after-hours trading after it reported Q3 EPS of $1.85, higher than consensus of $1.81, but then lowered guidance on Q4 revenue to $49 billion-$51 billion, below consensus of $51.05 billion. The stock was then downgraded to 'Market Perform' from 'Outperform' at Cowen.
United Technologies (UTX -7.03%) was downgraded to 'Neutral' from 'Overweight' at Atlantic Equities.
AMC Entertainment (AMC -3.07%) was upgraded to 'Buy' from 'Neutral' at MKM Partners.
Thermo Fisher Scientific (TMO +0.22%) reported Q2 EPS of $1.84, higher than consensus of $1.78.
Whirlpool (WHR +1.88%) reported Q2 EPS of $2.70, above consensus of $2.62.
EMC (EMC -0.20%) reported Q2 adjusted EPS of 43 cents, above consensus of 41 cents.
Illumina (ILMN -1.03%) fell 9% in after-hours trading after it reported Q2 adjusted EPS of 80 cents, higher than consensus of 77 cents, although Q2 revenue of $539 million was less than consensus of $541.77 million.
Hub Group (HUBG +1.90%) reported Q2 EPS of 51 cents, above consensus of 43 cents.
Nuance (NUAN -0.12%) raised guidance on Q3 EPS to 31 cents-32 cents, better than consensus of 28 cents.
GoPro (GPRO +2.04%) reported Q2 adjusted EPS of 35 cents, higher than consensus of 26 cents.
Intuitive Surgical (ISRG +1.50%) moved up over 10% in after-hours trading after it reported Q2 EPS of $4.57, well above consensus of $3.98.
Yahoo (YHOO +0.48%) slid 3% in afrer-hours trading after it reported Q2 EPS of 16 cents, below consensus of 18 cents.
Microsoft (MSFT +0.77%) reported Q4 adjusted EPS of 62 cents, above consensus of 56 cents.
VMware (VMW -0.99%) reported Q2 EPS of 93 cents, better than consensus of 91 cents.
Chipotle (CMG -0.73%) reported Q2 EPS of $4.45, higher than consensus of $4.44.
MARKET COMMENTS
September E-mini S&Ps (ESU15 -0.40%) this morning are down -8.50 points (-0.40%). Tuesday's closes: S&P 500 -0.43%, Dow Jones -1.00%, Nasdaq -0.11%. The S&P 500 on Tuesday closed lower on (1) disappointing earnings results from IBM, United Technologies, Apple and Verizon, and (2) profit taking in technology stocks after the Nasdaq Composite's sharp 8-session rally to a 15-1/4 year high.
Sep 10-year T-notes (ZNU15 +0.07%) this morning are up +1.5 ticks. Tuesday's closes: TYU5 +10.00, FVU5 +7.00. Sep T-notes on Tuesday settled higher on carry-over support from a rally in German bunds to a 1-week high and increased safe-haven demand with the weakness in stocks.
The dollar index (DXY00 unch) this morning is up +0.072 (+0.07%). EUR/USD (^EURUSD) is down -0.0011 (-0.10%). USD/JPY (^USDJPY) is down -0.09 (-0.07%). Tuesday's closes: Dollar Index -0.701 (-0.72%), EUR/USD +0.01106 (+1.02%), USD/JPY -0.385 (-0.31%). The dollar index on Tuesday fell back from a 2-3/4 month high and closed lower on long-liquidation pressure after the 4-session rally and weakness in USD/JPY after a slide in stocks boosted the safe-haven demand for the yen.
Sep WTI crude oil (CLU15 -1.08%) this morning is down -55 cents (-1.08%). Sep gasoline (RBU15 -1.45%) is down -0.0293 (-1.56%). Tuesday's closes: CLU5 +0.42 (+0.83%), RBU5 -0.0096 (-0.51%). Sep crude and gasoline on Tuesday settled mixed with Sep crude rebounding from a 3-1/2 month low. Crude oil found support on a weaker dollar and on expectations for Wednesday's weekly EIA crude inventories to fall -1.75 million bbl. Crude oil prices were undercut by the Iran oil minister's comment that Iran plans to boost crude production once sanctions are removed regardless of the impact on prices.
GLOBAL EVENT CALENDAR07/22/2015
US0700 ETWeekly MBA mortgage applications, previous -1.9% with purchase sub-index -7.5% and refi sub-index +3.7%.
0900 ETMay FHFA house price index expected +0.4% m/m, Apr +0.3% m/m
1000 ETJun existing home sales expected +0.9% to 5.40 million, May +5.1% to 5.35 million.
1030 ETEIA Weekly Petroleum Status Report.
1500 ETUSDA Jun Cold Storage.
JPN0030 ETJapan May all-industry activity index expected -0.6% m/m, Apr +0.1% m/m.
0200 ETRevised Japan Jun machine tool orders, previous +6.6% y/y.
1950 ETJapan Jun trade balance expected +45.8 billion yen, May -217.2 billion yen. Jun exports expected +10.0% y/y, May +2.4% y/y. Jun imports expected -4.3% y/y, May -8.7% y/y.
UK0430 ETMinutes of the Jul 8-9 BOE policy meeting.
U.S. STOCK CALENDAR07/22/2015
CompanyTickerTimeEvent DescriptionPeriodEstimate
Abbott LaboratoriesABT USBef-mktQ2 2015 Earnings ReleaseQ2 20150.503
Coca-Cola Co/TheKO USBef-mktQ2 2015 Earnings ReleaseQ2 20150.602
Interpublic Group of Cos Inc/TheIPG USBef-mktQ2 2015 Earnings ReleaseQ2 20150.273
Northern Trust CorpNTRS USBef-mktQ2 2015 Earnings ReleaseQ2 20150.964
AutoNation IncAN USBef-mktQ2 2015 Earnings ReleaseQ2 20151.018
TE Connectivity LtdTEL USBef-mktQ3 2015 Earnings ReleaseQ3 20150.881
Thermo Fisher Scientific IncTMO US6:00Q2 2015 Earnings ReleaseQ2 20151.78
Whirlpool CorpWHR US6:00Q2 2015 Earnings ReleaseQ2 20152.623
EMC Corp/MAEMC US7:00Q2 2015 Earnings ReleaseQ2 20150.409
St Jude Medical IncSTJ US7:15Q2 2015 Earnings ReleaseQ2 20151
Boeing Co/TheBA US7:30Q2 2015 Earnings ReleaseQ2 20151.368
Illinois Tool Works IncITW US8:00Q2 2015 Earnings ReleaseQ2 20151.283
St Jude Medical IncSTJ US8:00Q2 2015 Earnings CallQ2 2015
Amphenol CorpAPH US8:00Q2 2015 Earnings ReleaseQ2 20150.576
Navient CorpNAVI US8:00Q2 2015 Earnings CallQ2 2015
EMC Corp/MAEMC US8:30Q2 2015 Earnings CallQ2 2015
Interpublic Group of Cos Inc/TheIPG US8:30Q2 2015 Earnings CallQ2 2015
Thermo Fisher Scientific IncTMO US8:30Q2 2015 Earnings CallQ2 2015
ACE LtdACE US8:30Q2 2015 Earnings CallQ2 2015
TE Connectivity LtdTEL US8:30Q3 2015 Earnings CallQ3 2015
Abbott LaboratoriesABT US9:00Q2 2015 Earnings CallQ2 2015
FMC Technologies IncFTI US9:00Q2 2015 Earnings CallQ2 2015
Coca-Cola Co/TheKO US9:30Q2 2015 Earnings CallQ2 2015
Illinois Tool Works IncITW US10:00Q2 2015 Earnings CallQ2 2015
Whirlpool CorpWHR US10:00Q2 2015 Earnings CallQ2 2015
Boeing Co/TheBA US10:30Q2 2015 Earnings CallQ2 2015
AutoNation IncAN US11:00Q2 2015 Earnings CallQ2 2015
Constellation Brands IncSTZ US11:00Annual General Meeting
Linear Technology CorpLLTC US11:30Q4 2015 Earnings CallQ4 2015
Northern Trust CorpNTRS US12:00Q2 2015 Earnings CallQ2 2015
Campbell Soup CoCPB US12:30Investor DayY 2015
Amphenol CorpAPH US13:00Q2 2015 Earnings CallQ2 2015
QUALCOMM IncQCOM US16:00Q3 2015 Earnings ReleaseQ3 20150.947
F5 Networks IncFFIV US16:00Q3 2015 Earnings ReleaseQ3 20151.596
Tractor Supply CoTSCO US16:01Q2 2015 Earnings ReleaseQ2 20151.112
Texas Instruments IncTXN US16:30Q2 2015 Earnings ReleaseQ2 20150.654
F5 Networks IncFFIV US16:30Q3 2015 Earnings CallQ3 2015
QUALCOMM IncQCOM US16:45Q3 2015 Earnings CallQ3 2015
American Express CoAXP US17:00Q2 2015 Earnings CallQ2 2015
Xilinx IncXLNX US17:00Q1 2016 Earnings CallQ1 2016
Tractor Supply CoTSCO US17:00Q2 2015 Earnings CallQ2 2015
SanDisk CorpSNDK US17:00Q2 2015 Earnings CallQ2 2015
American Express CoAXP USAft-mktQ2 2015 Earnings ReleaseQ2 20151.322
Equifax IncEFX USAft-mktQ2 2015 Earnings ReleaseQ2 20151.102
Newmont Mining CorpNEM USAft-mktQ2 2015 Earnings ReleaseQ2 20150.262
Xilinx IncXLNX USAft-mktQ1 2016 Earnings ReleaseQ1 20160.535
SanDisk CorpSNDK USAft-mktQ2 2015 Earnings ReleaseQ2 20150.336
SL Green Realty CorpSLG USAft-mktQ2 2015 Earnings ReleaseQ2 20151.556
United Rentals IncURI USAft-mktQ2 2015 Earnings ReleaseQ2 20151.749
Crown Castle International CorpCCI USAft-mktQ2 2015 Earnings ReleaseQ2 20151.053
Ameriprise Financial IncAMP USAft-mktQ2 2015 Earnings ReleaseQ2 20152.279
Discover Financial ServicesDFS USAft-mktQ2 2015 Earnings ReleaseQ2 20151.317
Texas Instruments IncTXN US17:30Q2 2015 Earnings CallQ2 2015
Discover Financial ServicesDFS US18:00Q2 2015 Earnings CallQ2 2015