The major averages staged another rally on Tuesday. The Dow closed at 17,666 as it gained 305 points. The S&P 500 was up 29 points to 2,050. The NASDAQ Composite increased 51 points to 4,727. Behind the solid gains the volume totals were reported higher than the prior session totals on the NYSE and on the Nasdaq exchange, a reassuring sign that institutional investors were increasing their stock buying efforts. Breadth was clearly positive as advancers led decliners by a 4-1 margin on the NYSE and by nearly 3-1 on the Nasdaq exchange. Leadership showed an encouraging expansion as there were 50 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, up considerably from the prior session total of 9 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 5 of the 11 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, Tuesday's gains with higher volume were an encouraging follow-up to Monday's "positive reversal", avoiding more worrisome damage for the major averages that would signal the beginning of a more serious market "correction".  

PICTURED: The Nasdaq Composite Index avoided undercutting prior lows when encountering distributional pressure. Tuesday it rebounded above its 50-day moving average (DMA) line with a 2nd consecutive volume-driven gain, improving its technical stance. 

The Featured Stocks Page shows recent notes and Headline Links directing members to detailed analysis with data-packed graphs annotated by a Certified expert.  See the Premium Member Homepage for archives to all prior pay reports published.

The Oil Services Index ($OSX +4.08%) and Integrated Oil Index ($XOI +3.25%) were standout gainers. The major averages were also helped by strength in financials as the Broker/Dealer Index ($XBD +3.12%) and the Bank Index ($BKX +1.95%) rallied. The Retail Index ($RLX +2.16%) also provided a positive influence. The tech sector was led higher by the Semiconductor Index ($SOX +1.79%) and the Networking Index ($NWX +1.37%), however the Biotechnology Index ($BTK -1.11%) ended lower. The Gold & Silver Index ($XAU -1.83%) also lost ground.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX +2.16%) has shown encouraging action after recovering from a dip below its 50-day moving average (DMA) line, and Tuesday's gain helped it rally for a new high.

Restoration Hardware Hld (RH  +$2.86 or +3.21% to $91.95) quietly rebounded above its 50-day moving average (DMA) line today with a 2nd gain backed by light volume after a damaging loss on higher volume triggered a technical sell signal. The gains helped its technical stance and outlook to improve, however, it still faces resistance due to overhead supply up through the $100 level that may hinder its upward price progress for the near term. Meanwhile, any stock producing a fresh technical breakout might make a more promising buy candidate.

RH was last shown in this FSU section on 1/15/15 with annotated graphs under the headline, "Fell Near 50-Day Moving Average After Negating Prior Breakout".The Retail - Home Furnishings firm had been sputtering after losses negated the prior breakout. Members were reminded - "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." RH was first highlighted in yellow with a pivot point cited based on its 6/30/14 high plus 10 cents in the 12/11/14 mid-day report (read here). Convincing volume-driven gains helped clinch a convincing technical buy signal, but it stalled soon thereafter.

It reported that Oct '14 earnings rose +53% on +22% sales revenues versus the year ago period, continuing its streak of strong quarterly earnings above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) growth has been very strong since reorganization and trading began on 11/02/12. It completed a Secondary Offering 7/12/13 and named a new CEO 1/31/14. Its Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. The number of top-rated funds owning its shares rose from 274 in Dec '13 to 366 in Dec '14, a reassuring sign of increasing institutional interest (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	$268.35	+0.56 0.21%	$268.81	2,045,599 75.65% of 50 DAV 50 DAV is 2,704,000	$285.09 -5.87%	12/29/2014	$260.22	PP = $272.85
								MB = $286.49
Most Recent Note - 2/2/2015 6:18:31 PM Y - Halted is slide at its 50 DMA line with a gain on light volume following 4 consecutive losses. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Found Support at 50-Day Moving Average Line - 2/2/2015 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	$56.72	+0.11 0.19%	$57.78	1,198,055 58.64% of 50 DAV 50 DAV is 2,043,000	$63.20 -10.25%	1/7/2015	$54.96	PP = $58.10
								MB = $61.01
Most Recent Note - 2/2/2015 6:21:44 PM Y - Volume totals have been cooling while consolidating in a tight trading range above its 50 DMA line ($53.70). That important short-term average recently acted as support. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Staying Above 50-Day Moving Average - 1/27/2015 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
EPAM - NYSE Epam Systems Inc COMPUTER SOFTWARE and SERVICES - Information Technology Service	$47.46	+0.72 1.54%	$47.69	268,716 78.57% of 50 DAV 50 DAV is 342,000	$52.89 -10.27%	10/23/2014	$45.21	PP = $46.09
								MB = $48.39
Most Recent Note - 2/2/2015 2:46:22 PM G - Retreating back below its 50 DMA line today's damaging loss hurting its outlook and its color code is changed to green. Needs gains above its 50 DMA line again for its outlook to improve. >>> FEATURED STOCK ARTICLE : Recovery Above 50-Day Average Needed for Outlook to Improve - 1/21/2015 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
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$193.00	-1.77 -0.91%	$194.80	1,593,673 126.88% of 50 DAV 50 DAV is 1,256,000	$213.33 -9.53%	12/30/2014	$186.26	PP = $196.00
								MB = $205.80
Most Recent Note - 2/3/2015 5:53:32 PM Y - Undercut its 50 DMA line intra-day yet found support and finished in the upper third of its intra-day range. More damaging losses would raise greater concerns. Reported earnings +93% on +32% sales revenues for the Dec '14 quarter. >>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helped Technical Stance - 1/20/2015 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
JLL - NYSE Jones Lang Lasalle Inc REAL ESTATE - Property Management/Developmen	$159.93	+14.87 10.25%	$160.07	1,029,718 351.44% of 50 DAV 50 DAV is 293,000	$154.66 3.41%	2/3/2015	$156.95	PP = $154.66
								MB = $162.39
Most Recent Note - 2/3/2015 5:47:10 PM Y - Finished strong with +251% above average volume behind its gain for a new 52-week high (N criteria) after gapping up. Reported Dec '14 earnings +29% on +16% sales revenues, above the +25% minimum earnings guideline (C criteria) for the 3rd consecutive quarterly comparison versus the year ago periods. Has the look of a valid Secondary Buy point up to +5% above prior highs. There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$79.74	+1.87 2.40%	$79.81	2,900,487 96.46% of 50 DAV 50 DAV is 3,007,000	$82.76 -3.65%	1/5/2015	$76.43	PP = $78.44
								MB = $82.36
Most Recent Note - 2/2/2015 2:47:53 PM Y - Little resistance remains to hinder its progress, however it is slumping back and testing support at its 50 DMA line again. Its 50 DMA line acted as support following a "negative reversal" at its 52-week high. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Acted as Support After "Negative Reversal" - 1/22/2015 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	$123.53	-1.58 -1.26%	$125.60	1,390,349 102.31% of 50 DAV 50 DAV is 1,359,000	$130.00 -4.98%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 2/3/2015 5:49:57 PM G - Testing support at its 50 DMA line with losses this week. Recent low ($117.60 on 1/02/15) defines the next important near-term support to watch where violations may trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Finished With a Loss and Near Session Low After Chance at Best-Ever Close - 1/28/2015 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
RH - NYSE Restoration Hardware Hld RETAIL - Home Furnishing Stores	$91.95	+2.86 3.21%	$92.04	663,326 69.53% of 50 DAV 50 DAV is 954,000	$100.66 -8.65%	12/11/2014	$98.66	PP = $94.60
								MB = $99.33
Most Recent Note - 2/3/2015 5:44:38 PM Y - Quietly rebounded above its 50 DMA line with a 2nd gain on light volume following a technical sell signal. Color code is changed to yellow, however it faces some resistance due to overhead supply. See the attest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Quiet Rebound Above 50-Day Moving Average Helped Technical Stance - 2/3/2015 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
UIHC - NASDAQ United Insurance Holding Insurance-Prop/Cas/Titl	$26.89	+1.10 4.27%	$26.93	429,817 157.44% of 50 DAV 50 DAV is 273,000	$26.27 2.36%	12/5/2014	$20.64	PP = $20.31
								MB = $21.33
Most Recent Note - 2/2/2015 6:23:21 PM G - Rallied for a best-ever close today and it is extended from any sound base. Prior highs in the $22 area and its 50 DMA line define near-term support to watch. >>> FEATURED STOCK ARTICLE : Extended After Tallying More Volume-Driven Gains - 1/29/2015 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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$159.71	-2.27 -1.40%	$165.69	3,684,925 193.64% of 50 DAV 50 DAV is 1,903,000	$162.80 -1.90%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 2/2/2015 6:24:32 PM G - Rallied for a best-ever close with below average volume behind today's gain, getting more extended from any sound base. Its 50 DMA line defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Perched at All-Time High Following 3 Quiet Gains - 1/23/2015 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