The commentary today acknowledges a positive shift in the market's stance (M criteria) following Thursday's gains. In the bold portion of the commentary we continuously guide our members as to the general market direction.

Overall, the major averages finished lower for a second week. The Dow and NASDAQ posted weekly losses of -0.5%, while the S&P 500 fell -0.7%. Friday's losses ended the week on a down note. The Dow lost 170 points to 17,737. The S&P 500 fell 17 points to 2,044. The NASDAQ Composite declined 32 points to 4,704. The volume totals on the NYSE and on the Nasdaq exchange were lighter than the prior session, a reassuring sign of less selling pressure coming from the institutional crowd. Breadth was negative as decliners led advancers by almost a 2-1 margin on the NYSE and by more than 2-1 on the Nasdaq exchange.  There were 54 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from the prior session total of 69 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE on the Nasdaq exchange. There were gains for only 3 of the 13 high-ranked companies currently on the Featured Stocks Page. 

The Dow Jones Industrial Average, S&P 500 Index, and Nasdaq Composite Index collectively found prompt support after undercutting their respective 50-day moving average (DMA) lines this week and leadership (stocks hitting new 52-week highs) improved. The newspaper noted Thursday's big +1.8% gain from the Nasdaq Composite Index with higher volume as a follow-through day.  Regarding the M criteria of the fact-based investment system, the better action suggests that new buying efforts may be carefully made again in stocks meeting all fundamental and technical guidelines.

PICTURED: The Nasdaq Composite Index pulled back on Friday. Wednesday's gain was considered Day 1 of a new rally attempt. However, the big +1.8% gain with higher volume on Thursday was actually considered a follow-through day on Day 15 of the earlier rally attempt, as the prior low (4,547 on 12/16/14) was never undercut. Historically, the most constructive rallies came after follow-through days occurring between Days 4-7 of a new rally attempt. Regardless, disciplined investors know to watch individual issues for technical buy or sell signals and always pay close attention to the broader market direction to weigh in on your decision making.

Disciplined investors know that new buying efforts should only be made in stocks when all fundamental and technical guidelines are met. This should be done as the stock is breaking out of a sound base pattern. Historic studies have shown that odds are not as favorable for investors when buying stocks on pullbacks. 

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX -2.26%) ended the week below its 50-day and 200-day moving average (DMA) lines after damaging losses.  Weakness in financials hurts the broader market outlook because financial stocks are reliable "leading indicators", so it is important to see how financial stocks behave in the near term.

Baidu Inc. (BIDU -$2.31 or -1.01% to $226.90) rebounded this week near its 50-day moving average (DMA) line which may act as resistance. Gains above the 50 DMA line are needed for its outlook to improve. Recent lows in the $216-217 area define important near-term support where subsequent losses would raise more serious concerns. Its last appearance in this FSU section was on 12/19/14 with annotated graphs under the headline, "Rebound Above 50-Day Moving Average Helped Technical Stance", but the gains came with light volume after losses on higher volume. Soon thereafter it slumped back below that important short-term average. 

BIDU reported earnings +28% on +52% sales revenues for the Sep '14 quarter, marking its 3rd consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). The high-ranked Internet - Content firm has a great annual earnings (A criteria) track record.  Return On Equity reported at 34% helps, as that is well above the 17% minimum guideline. The number of top-rated funds owning its shares rose from 1,114 in Mar '14 to 1,381 in Dec '14, so investors have a reassuring sign concerning the I criteria.

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
ACT - NYSE Actavis plc Medical-Generic Drugs	$268.68	-0.28 -0.10%	$271.50	2,217,731 71.22% of 50 DAV 50 DAV is 3,114,000	$272.75 -1.49%	12/29/2014	$260.22	PP = $272.85
								MB = $286.49
Most Recent Note - 1/7/2015 7:50:15 PM Y - Tallied a volume-driven gain today while rallying from support at its 50 DMA line. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Formed New Base Above Prior Highs and 50-Day Moving Average - 12/29/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$51.84	-0.21 -0.40%	$52.14	1,063,248 100.31% of 50 DAV 50 DAV is 1,060,000	$59.31 -12.59%	10/17/2014	$45.24	PP = $46.02
								MB = $48.32
Most Recent Note - 1/8/2015 1:52:27 PM G - Proposed a new Public Offering and gapped down today, violating its 50 DMA line with a damaging loss raising some concerns. >>> FEATURED STOCK ARTICLE : Finding Support Near Prior Highs - 12/24/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
ALXN - NASDAQ Alexion Pharmaceuticals DRUGS - Drug Manufacturers - Other	$184.27	+0.47 0.26%	$184.59	1,344,223 125.75% of 50 DAV 50 DAV is 1,069,000	$203.30 -9.36%	10/23/2014	$184.01	PP = $185.53
								MB = $194.81
Most Recent Note - 1/8/2015 12:31:03 PM G - Concerns remain since it negated the prior technical breakout. Needs gain above its 50 DMA line ($190.29) which may act as resistance while trying to rebound. The recent low ($176.01 on 12/17/14) acted as a support level. Faces resistance due to overhead supply up through the $203 level. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Acted as Resistance After Damaging Losses - 1/2/2015 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$61.83	+1.83 3.05%	$62.82	3,542,090 173.04% of 50 DAV 50 DAV is 2,047,000	$60.00 3.05%	1/7/2015	$54.96	PP = $58.10
								MB = $61.01
Most Recent Note - 1/9/2015 12:01:21 PM Y - Perched at its 52-week high with today's 4th consecutive volume-driven gain. The volume-driven gain above the pivot point on 1/07/15 triggered a technical buy signal, and more convincing strength returned to the broader market (M criteria) on 1/08/15. >>> FEATURED STOCK ARTICLE : Strong Finish Triggered a Technical Buy Signal - 1/7/2015 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
BIDU - NASDAQ Baidu Inc Ads INTERNET - Internet Information Providers	$226.90	-2.31 -1.01%	$232.99	2,304,902 72.21% of 50 DAV 50 DAV is 3,192,000	$251.99 -9.96%	10/30/2014	$234.08	PP = $231.51
								MB = $243.09
Most Recent Note - 1/9/2015 6:41:13 PM G - Rebounded near its 50 DMA line which may act as resistance. Recent lows in the $216-217 area define important near-term support where subsequent losses would raise more serious concerns. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Lingering Below 50-Day Moving Average Line Hurts Outlook - 1/9/2015 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
EPAM - NYSE Epam Systems Inc COMPUTER SOFTWARE and SERVICES - Information Technology Service	$48.34	-0.33 -0.68%	$49.21	232,643 55.26% of 50 DAV 50 DAV is 421,000	$52.89 -8.60%	10/23/2014	$45.21	PP = $46.09
								MB = $48.39
Most Recent Note - 1/8/2015 1:47:45 PM G - Rebounding near its 50 DMA line with today's 3rd consecutive gain. Subsequent losses below its recent low close ($46.24 on 12/16/14) would raise concerns and trigger a more worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Halted Slide at 50-Day Moving Average - 12/31/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
FB - NASDAQ Facebook Inc Cl A INTERNET	$77.74	-0.44 -0.56%	$78.62	21,130,492 72.77% of 50 DAV 50 DAV is 29,037,000	$82.17 -5.39%	12/22/2014	$81.79	PP = $81.26
								MB = $85.32
Most Recent Note - 1/8/2015 1:54:15 PM Y - Halted its slide after quietly retreating near its 50 DMA line. Little resistance remains due to overhead supply up through the $82 level, however, convincing volume-driven gains above the pivot point are still needed to clinch a proper new (or add-on) technical buy signal. >>> FEATURED STOCK ARTICLE : Gains for New Highs Backed By Lighter Volume - 12/22/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$194.80	-2.02 -1.03%	$199.48	1,255,673 119.13% of 50 DAV 50 DAV is 1,054,000	$199.47 -2.34%	12/30/2014	$186.26	PP = $196.00
								MB = $205.80
Most Recent Note - 1/8/2015 12:58:47 PM Y - Touched a new high earlier today while adding to a spurt of volume-driven gains. Attempting to rally from a "double bottom" base, it was previously noted - "Subsequent volume-driven gains above the pivot point cited may trigger a new (or add-on) technical buy signal. Faces very little resistance due to overhead supply up through $197." >>> FEATURED STOCK ARTICLE : Forming New Base And Fundamentals Remain Favorable - 12/30/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$80.32	+2.48 3.19%	$80.97	5,106,240 168.13% of 50 DAV 50 DAV is 3,037,000	$78.34 2.53%	1/5/2015	$76.43	PP = $78.44
								MB = $82.36
Most Recent Note - 1/9/2015 12:29:13 PM Y - Hitting a new 52-week high with today's 3rd consecutive gain after finding prompt support at its 50 DMA line. Strength returned to the broader market (M criteria) on 1/08/15. Gains above the pivot point backed by at least +40% above average volume may clinch a convincing new technical buy signal. >>> FEATURED STOCK ARTICLE : Little Resistance Remains Due to Overhead Supply - 1/5/2015 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$125.82	-1.39 -1.09%	$129.42	927,180 64.08% of 50 DAV 50 DAV is 1,447,000	$128.20 -1.86%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 1/8/2015 6:07:45 PM G - Posted a 2nd consecutive gain today with even lighter volume. Prior reports cautioned members - "It has not formed a sound base. The 50 DMA line defines near-term support to watch below recent lows." See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Tech Firm Still Extended From Any Sound Base Pattern - 1/8/2015 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
RH - NYSE Restoration Hardware Hld RETAIL - Home Furnishing Stores	$93.62	-1.23 -1.30%	$95.18	548,397 60.20% of 50 DAV 50 DAV is 911,000	$100.66 -6.99%	12/11/2014	$98.66	PP = $94.60
								MB = $99.33
Most Recent Note - 1/6/2015 1:08:35 PM Y - Pulling back from its high to a 3-week low. Prior reports cautioned members - "Subsequent losses leading to a close below its old high close ($93.05 on 6/30/14) would completely negate the recent breakout and raise concerns." >>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs With Volume Totals Cooling - 12/26/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
UIHC - NASDAQ United Insurance Holding Insurance-Prop/Cas/Titl	$21.68	-0.07 -0.32%	$21.93	185,940 84.52% of 50 DAV 50 DAV is 220,000	$22.44 -3.39%	12/5/2014	$20.64	PP = $20.31
								MB = $21.33
Most Recent Note - 1/8/2015 1:50:33 PM G - There was a "negative reversal" after touching a new 52-week high on 1/02/15. Color code is changed to green after inching back above its "max buy" level with a quiet gain. Prior highs and its 50 DMA line ($19.87) define near-term support to watch. >>> FEATURED STOCK ARTICLE : Recent Streak of Gains Lacked Volume Conviction - 12/23/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$153.58	-0.52 -0.34%	$155.61	2,039,717 95.05% of 50 DAV 50 DAV is 2,146,000	$156.60 -1.93%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 1/8/2015 1:24:47 PM Y - Gapped up today hitting new 52-week and all-time highs with a considerable volume-driven gain, rallying above the new pivot point and triggering a technical buy signal. Went through a deep consolidation below its 200 DMA line then rebounded since dropped from the Featured Stocks list on 4/04/14. See the latest FSU analysis for more details and an annotated daily graph. >>> FEATURED STOCK ARTICLE : Formed a Big Cup-With-Handle Base Setup - 1/6/2015 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M