Monday, February 1, 2016

XEL: Xcel Energy Inc.

Company Profile: Xcel Energy Inc. is a public utility holding company. The Company's operations include the activity of four wholly owned utility subsidiaries that serve electric and natural gas customers in eight states.
Fundamentals:
Trailing P/E: 19.97
Forward P/E: 3.57
EPS: $1.91
PEG: 3.57
Beta: 0.10
Annual Dividend: $1.28
Dividend Yield: 3.35%

Additional Fundamental data: http://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=XEL-N

Technicals:
Recently broke out of a 12-month consolidation
New 52-week high
New all-time high
Buying pressure (RSI) is overbought
Buying volume is expanding
Support is at $37
Xcel has been outperforming the S&P 500 since mid-2015

The safety stop is at $36.50

The target is $44

RICE: Rice Energy Breakout on Good Volume


GS: Goldman Sachs Stock Forming a Bottom ?


Cabelas Inc (NYSE: CAB)

Cabela’s Incorporated, together with its subsidiaries, operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through three segments: Retail, Direct, and Financial Services. The Retail segment sells products and services through its retail stores. The Direct segment sells products through its e-commerce Websites, such as Cabelas.com and Cabelas.ca, as well as direct mail catalogs. The Financial Services segment issues Cabela’s CLUB Visa credit card, a reward based credit card program; and certificates of deposits, as well as underwrites credit statistics.
Take a look at the 1-year chart of Cabela’s (NYSE: CAB) below with the added notations:
1-year chart of Cabela's (NYSE: CAB)
For the most part, CAB has been in a large, sideways move over the past 6 months. During that time, the $40 price level has become very important to the stock, especially as a support. You will notice on the chart above that on 3 separate occasions the price of $40 has given CAB a bounce. The one time it didn’t, the stock fell to $33.

The Tale of the Tape: CAB has a key level at $40. A trader could enter a long position on a pullback to $40 with a stop placed under the level. However, if traders are bearish on the stock, a short trade could be made instead on a break of the $40 support.

US Weekly Economic Calendar

time (et) report period ACTUAL forecast previous
MONDAY, FEB. 1
8:30 am Personal income Dec.   0.2% 0.3%
8:30 am Consumer spending Dec.   0.0% 0.3%
8:30 am Core inflation Dec.   0.1% 0.1%
9:45 am Markit PMI Jan   -- 52.7
10 am ISM Jan.   48.0% 48.2%
10 am Construction spending Dec.   0.6% -0.4%
TUESDAY,  FEB. 2
TBA Motor vehicle sales Jan.   17.2 mln 17.2 mln
WEDNESDAY, FEB. 3
8:15 am ADP employment Jan.   -- 257,000
10 am ISM nonmanufacturing Jan.   55.1% 55.3%
THURSDAY, FEB. 4
8:30 am Weekly jobless claims 1/30
274.000 278,000
8:30 am Productivity 4Q
-2.0% 2.2%
8:30 am Unit labor costs 4Q
4.3% 1.8%
10 am Factory orders Dec.   -2.9% -0.2%
FRIDAY, FEB. 5
8:30 am Nonfarm payrolls Jan.   185,000 292,000
8:30 am Unemployment rate Jan.
5.0% 5.0%
8:30 am Average hourly earnings Jan.   0.3% 0.0%
8:30 am Trade deficit Dec.   -$43.1 bln -$42.4 bln
3 pm Consumer credit Dec.   -- $14.0 bln
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