Barchart.com's Chart of the Day - VF Corp (VFC)

[Abnormal Returns]

Barchart.com's Chart of the Day - Kinder Morgan (KMI) for Mar 26, 2012

The "Chart of the Day" is Kinder Morgan (KMI), which showed up on Friday's Barchart "All Time High" list. Kinder Morgan on Friday posted a new all-time high of $38.62 and closed up 3.26%. TrendSpotter has been Long since Feb 24 at $33.24. In recent news on the stock, Kinder Morgan said on March 15 that it expects its acquisition of El Paso to close in May. BofA/Merrill on March 20 downgraded the stock to Neutral from Buy due to valuation and left its target at $33. Kinder Morgan, with a market cap of $20 billion, is engaged in energy transportation and storage in North America. The Company handles energy products like natural gas, refined petroleum products, crude oil, ethanol, coal and carbon dioxide (CO2).

[Abnormal Returns]

Buy or Sell: Buy

Long into Week 13: ALXN, BWLD, CELG, FFIV, HLF, INVN, KORS, MA, PCLN, RAX, RGR, SWI, TNGO, ULTA, VAL, VMW


Add to watchlist, within or near buy range:


Top picks:

GNC ? 33.80 to 35.49

SWI ? 39.85 to 41.84

Additional Picks:

ASPS ? 64.91

BIDU ? 142.59 to 149.72

CELG ? 75.21 to 78.97

CLR ? bounce from 50-day

FFIV ? 130.37 to 136.89

LECO ? bounce from 50-day, or 47.52

MANH ? 47.62 to 50.00 or bounce from 50-day

MELI ? bounce from 50-day

PII ? 70.41 to 73.95

RGR ? 46.78 to 49.12

TDG ? bounce from 50-day

TIBX ? 30.04 to 31.54

VAL ? 47.71 to 50.1

VFC ? 150.1 to 157.61

VMW ? 111.53 to 117.11 (note 5 year chart)

[Abnormal Returns]

The stock stock displayed some impressive relative strength with a 6.81% gain. After consolidating in between the 10.45 resistance and the 9.81 support for over three weeks, the stock finally broke out from its consolidation and marked a new month's high of 10.96. Therefore, the 10.45 level is now the support level. At the mean time the 20 and 50 SMA shall continue serving as the dynamic support to the stock. On the daily chart basis, the technical indicators are looking better now for the stock. The rising of the MACD histogram suggests a weakening of the bearish signal and MACD line has a positive crossover. In addition, the bullish crossover in the ADX chart adds to my conviction. Besides, the breakout was accompanied by volume. Based on technical reasons, there is a near term to midterm opportunity for shares of ZAGG to rebound to higher levels. A move above $11.73 could spark a huge short-squeeze. Short % of Float 48.8%. Potential upside of 100% exists for Zagg Inc, based on a current level of $10.66 and analysts' average consensus price target of $20.50. The stock should find initial resistance at its 200-day moving average (MA) of $11.73 and further resistance at $12. Shareholders may remain invested with a stop-loss at $9.81.

[Abnormal Returns]

Stocks pullback modestly while bonds decelerated from its initial decline; major indices finished almost flat for the week where the S&P500 down by just half a percentage lower and the Dow Jones CBOT Treasury index added only 0.4%. Commodity was the weakest asset this week as weighed on fall in crude oil. Market sentiment was mostly on the negative side as economic data showed weaker prints relative to market expectation; where housing market remained weak on both new home sales (313k vs. 330k) and existing home sales (4.59m vs. 4.60m). Looking forward next week, investors will be focusing on consumer confidence, GDP and consumer spending as rising gasoline prices are becoming a critical economic recovery barrier.

Technical Highlights:
? Bonds decelerated from its decline, stocks turned slightly lower as fixed income rebounded.
? Stocks' internal tumbled across major equity benchmarks as the percentage of stock above 50 day moving average dropped shapely; negative divergence remains a concern as indices continue to rise while their underlying stocks keep on weakening.
? Energy stocks weighed on crude oil; offensive group remained strong in downward market environment.
? Historical returns continued to bias toward materials and energy, which become the market leading sectors.
? The yield curve came down slightly after hitting its 6 months high on the longer maturity bonds; however the 2yr rate is reaching a bullish moving average crossover, which suggests rate will remain at a high level.

[Abnormal Returns]

March 22, 2012 - Oracle (ORCL)

[Abnormal Returns]

"How to Boost Your Returns With ONE Secret ETF Strategy"

Free Webinar Recorded on Tuesday, December 3rd at 8:00 PM EST (New York Time)

In this free online class John Carter will share with you:

A Powerful Simple Strategy for Trading Options on ETFs
The SAFE Levels to Take Risk
The Very Best ETFs to use
Which ETFs You Have to Avoid Like the Plague
And much more...

[Abnormal Returns]

There are 9 reasons why you SHOULD trade options on ETFs...and they're in this video...

9 Reasons to trade Options on ETFs

You'll learn from John Carter...

Why ETFs are his BEST Instrument for Options Trading
How he wires 34k from his Trading, to his Personal Account
Why ETF Options are untouchable by Market Makers
And a LOT more...