Superstock Investor
Morning Briefing

Monday, April 02, 2018

Morning Matters:

The Week Ahead

The Dow Jones Industrial Average, S&P 100, NASDAQ 100 and Russell 2000 were all higher on a weekly basis though it did not seem like an up week due to the extreme volatility. The Big Picture [monthly bias] for the NASDAQ 100, the Dow Jones Industrial Average, Russell 2000 and the S&P 100 remain positive.

1.Geopolitical and Fiscal Events. Monday sees Federal Reserve Minneapolis President Neel Kashkari speak at 6:00 p.m. EDT. Tuesday sees the RBA release its latest interest rate decision. Tuesday also sees Federal Reserve Minneapolis President Neel Kashkari speak at 9:30 a.m. EDT. Wednesday sees Federal Reserve Cleveland President Loretta Mester speak in Ohio.

2.Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as construction spending, factory orders, nonfarm payrolls and the unemployment rate.

3.Earnings Releases. Notable releases next week include CALM ISCA PLAY KMX LEN AYI MON WDFC.

Monday, April 2

Many markets around the world remain closed for Easter including Australia, Germany, Hong Kong and the United Kingdom.

February Construction Spending is reported at 10:00 a.m. EDT and is expected to rise to 0.40% from 0.01%.

PetIQ (PETQ) is a Type 1 Short Squeeze for the first time and holds its analyst call.

Tuesday, April 3

The Reserve Bank of Australia announces its latest monetary policy decision before markets open in the U.S.

Wednesday, April 4

February Factory Orders are reported at 10:00 a.m. EDT and are expected to rise to 1.6% from -1.4%.

The latest ADP Payroll is due out at 8:15 a.m. EDT and expected to fall to 203,000 from 235,000.

Thursday, April 5

The latest Challenger Grey Jobs Cut Survey is due out at 7:30 a.m EDT.

Friday, April 6

March Nonfarm Payrolls is due out at 8:30 a.m. and is expected to fall to 180,000 from 313,000 while the unemployment rate is expected to fall to 4.1% from 4.0%.


Today's Superstock Investor Stock Scorecard:

by Superstock Investor


In our review of stocks that just moved to being Type 1 Short Squeezes, we noticed that Apache (APA) looks interesting as it has fallen from $69 two years ago o its current price at $38.48. Worth a look here.

Company Information

Sector: Energy
Industry: Oil & Gas Explor_Prod
Market Cap:  $23,150 (Millions)


  Price %Gain  
Current Price $62.86    
Price Target $106.11 68.8%  
Upper Bound $128.95 105.1%  
Lower Bound $89.95 43.1%  

Fundamental Variables

P/E Ratio 7.3    
Sales Growth 25.5%    

Valuation Variables

  Past Current Future
Profitability (CFROI) 8.5% 7.7% 5.8%
Growth (in Assets) 14.9% 5.1% 5.1%
Color Legend
Excellent Top 10%
Good 11- 30%
Average 31- 70%
Fair 71- 90%
Poor Bottom 10%

Stock data last updated 01/10/2017.

Data provided by QPI, Inc. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. QPI, Inc. is not liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing this page, you agree not to redistribute the information found herein.


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