The major averages finished lower on Monday. The Dow lost 95 points to 17,729. The S&P 500 declined 8 points to 2,046. The NASDAQ Composite fell 18 points to 4,726. Volume totals were reported lighter than the prior session totals on the NYSE and on the Nasdaq exchange, a sign of less selling pressure from the institutional crowd. Breadth was negative as decliners led advancers by a 3-2 margin on the NYSE and by a 9-5 margin on the Nasdaq exchange. There were 55 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 74 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 3 of the 12 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, additional gains for the major averages have followed last Monday's "positive reversal", avoiding more worrisome technical damage that could have signaled the beginning of a serious market "correction".  

PICTURED: The S&P 500 Index is consolidating near its 50-day moving average (DMA) line after rallying from its 200 DMA line.

Further signs of slowdown in China and Greek debt woes prompted a round of profit taking following last week’s rally. China's exports and imports unexpectedly declined in January. In Europe, Greece's Prime Minister vowed to negotiate an end to austerity measures, which renewed debt default fears.

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.

Weakness in financials created drag on the major averages as the Broker/Dealer Index ($XBD -0.95%) and the Bank Index ($BKX -0.64%) fell, and the influential Retail Index ($RLX -0.53%) also ended lower.  The Semiconductor Index ($SOX -1.09%) and the Biotechnology Index ($BTK -0.65%) outpaced the Networking Index ($NWX -0.18%) to the downside. Commodity-linked groups rose and the Integrated Oil Index ($XOI +0.55%), Oil Services Index ($OSX +1.50%), and Gold & Silver Index ($XAU +1.73%) each posted gains.

Charts courtesy www.stockcharts.com

PICTURED: The Networking Index ($NWX -0.18%) is consolidating near its 50-day moving average (DMA) line after staying above its 200 DMA line during the recent consolidation.

Qualys Inc (QLYS +$0.50 or +1.24% to $40.85) posted a gain today backed by +120% above average volume and finished 4 cents off last Thursday's best-ever close. After the close it reported earnings +200% on +26% for the quarter ended December 31, 2014 versus the year ago period, beating expectations. Volume and volatility often increase near earnings news.

QLYS encountered distributional pressure after hitting a new 52-week high (N criteria) and there was a "negative reversal" for a volume-driven loss on Friday, closing below its pivot point. It was highlighted in yellow with pivot point cited based on its 12/26/14 high plus 10 cents in the 2/06/15 mid-day report (read here). Technically, it had triggered a technical buy signal on the prior session. It had last been noted in the 11/06/14 mid-day report with caution - "Reported earnings +88% on +24% sales revenues for the Sep '14 quarter, marking its 3rd consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). Patient investors may watch for a new base or secondary buy point to develop and be noted in the weeks ahead."

The number of top-rated funds owning its shares rose from 152 in Mar '14 to 204 in Dec '14, a reassuring sign concerning the I criteria. Its small supply of only 18.7 million shares (S criteria) in the public float can contribute to great volatility in the event of institutional buying or selling. The Computer Software - Security group has a 95 Group Relative Strength Rating, and leadership (L criteria) in the industry group is another favorable factor with respect to the fact-based investment system.

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	$272.31	-4.24 -1.53%	$276.73	1,934,042 77.39% of 50 DAV 50 DAV is 2,499,000	$285.09 -4.48%	12/29/2014	$260.22	PP = $272.85
								MB = $286.49
Most Recent Note - 2/5/2015 2:36:00 PM Y - Rallying from support at its 50 DMA line with a gain today on higher volume, rebounding above the previously cited pivot point. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where a violation would raise more serious concerns. >>> 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	$55.58	-0.44 -0.79%	$56.39	1,103,259 53.45% of 50 DAV 50 DAV is 2,064,000	$63.20 -12.06%	1/7/2015	$54.96	PP = $58.10
								MB = $61.01
Most Recent Note - 2/6/2015 10:51:32 AM Y - Gapped down today, abruptly reversing the prior session's big gain and slumping near its 50 DMA line ($54.24). That short-term average recently acted as support. A subsequent violation would raise concerns and trigger a technical sell signal. >>> 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	$51.00	-0.01 -0.02%	$51.66	270,854 78.97% of 50 DAV 50 DAV is 343,000	$52.89 -3.57%	2/5/2015	$51.39	PP = $52.99
								MB = $55.64
Most Recent Note - 2/5/2015 7:20:11 PM Y - Rebounded further above its 50 DMA line and within close striking distance of its 52-week high. Little overhead supply remains up through the $52 level. A volume-driven gain above the new pivot point cited could trigger a new (or add-on) technical buy signal. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : New Pivot Point Cited While Rebounding Near Prior Highs - 2/5/2015 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
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$192.27	-0.37 -0.19%	$194.62	1,134,890 87.98% of 50 DAV 50 DAV is 1,290,000	$213.33 -9.87%	12/30/2014	$186.26	PP = $196.00
								MB = $205.80
Most Recent Note - 2/5/2015 7:23:16 PM Y - Posted a small gain on below average volume. Its 50 DMA line ($189.80) defines important near-term support to watch where 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	$157.47	+0.38 0.24%	$158.47	267,319 82.25% of 50 DAV 50 DAV is 325,000	$160.91 -2.14%	2/3/2015	$156.95	PP = $154.66
								MB = $162.39
Most Recent Note - 2/6/2015 6:06:27 PM Y - Pulled back today with higher volume, a sign of distributional pressure. Has the look of a valid Secondary Buy point up to +5% above prior highs. Prior highs in the $154 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Pullback Following Big Volume-Driven Gain For New Highs - 2/4/2015 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
LNKD - NYSE Linkedin Corp Class A INTERNET - Internet Information Providers	$267.43	+4.03 1.53%	$269.83	3,038,148 206.96% of 50 DAV 50 DAV is 1,468,000	$243.25 9.94%	2/6/2015	$269.83	PP = $243.35
								MB = $255.52
Most Recent Note - 2/9/2015 12:32:48 PM Y - Up today following a considerable "breakaway gap" on the prior session triggering a technical buy signal. It was highlighted in yellow with pivot point cited based on its 12/19/14 high plus 10 cents in the 2/06/15 mid-day report (read here). Reported earnings +56% on +44% sales revenues for the Dec '14 quarter, its 3rd consecutive quarter with earnings above the +25% minimum guideline (C criteria). A "breakaway gap" is the one noted exception where investors may chase a stock more than +5% above prior highs, however risk increases that an ordinary pullback may trigger the strict sell rules requiring disciplined investors to always limit losses. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Breakaway Gap Cleared All Resistance Due to Overhead Supply - 2/6/2015 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$80.97	-1.32 -1.60%	$82.30	3,660,919 115.38% of 50 DAV 50 DAV is 3,173,000	$82.76 -2.16%	1/5/2015	$76.43	PP = $78.44
								MB = $82.36
Most Recent Note - 2/6/2015 6:04:11 PM Y - Hit a new all-time high (N criteria) today and finished near its "max buy" level. No resistance remains to hinder its progress. The big gain backed by +95% above average volume confirmed a technical buy signal. Reported +36% earnings on +19% sales revenues for the Dec '14 quarter, better than estimates, along with providing encouraging guidance. Its 50 DMA line ($77.24) acted as support recently, whereas a damaging violation would raise concerns and trigger a technical sell signal. >>> 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	$125.03	-0.59 -0.47%	$126.10	647,256 50.29% of 50 DAV 50 DAV is 1,287,000	$130.00 -3.82%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 2/5/2015 7:26:25 PM G - Posted a 2nd consecutive gain today on very light volume after testing support at its 50 DMA line ($122.82). 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
QLYS - NASDAQ Qualys Inc Computer Sftwr-Security	$40.85	+0.50 1.24%	$41.51	478,386 221.48% of 50 DAV 50 DAV is 216,000	$41.09 -0.58%	2/6/2015	$42.24	PP = $40.84
								MB = $42.88
Most Recent Note - 2/9/2015 6:24:08 PM Y - Reported strong Dec '14 earnings after the close, its 4th consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). Perched at its 52-week and all-time high, it was highlighted in yellow with pivot point cited based on its 12/26/14 high plus 10 cents in the 2/06/15 mid-day report (read here). See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Strong Dec '14 Earnings Report While Perched Near All-Time High - 2/9/2015 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
RH - NYSE Restoration Hardware Hld RETAIL - Home Furnishing Stores	$85.54	-1.20 -1.38%	$87.59	881,056 92.35% of 50 DAV 50 DAV is 954,000	$100.66 -15.02%	12/11/2014	$98.66	PP = $94.60
								MB = $99.33
Most Recent Note - 2/5/2015 2:26:53 PM G - Erased early gains and slumped below its 50 DMA line for a loss with above average volume. Color code is changed to green. Faces some resistance due to overhead supply. >>> 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
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
UIHC - NASDAQ United Insurance Holding Insurance-Prop/Cas/Titl	$27.58	-0.51 -1.82%	$28.42	327,215 112.45% of 50 DAV 50 DAV is 291,000	$28.28 -2.48%	12/5/2014	$20.64	PP = $20.31
								MB = $21.33
Most Recent Note - 2/5/2015 7:27:38 PM G - Paused today after 3 consecutive volume-driven gains for new 52-week highs, getting more 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	$160.10	-1.89 -1.17%	$163.50	2,506,030 132.88% of 50 DAV 50 DAV is 1,886,000	$165.69 -3.37%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 2/5/2015 12:54:11 PM G - Holding its ground following a "negative reversal" on 2/03/15, and it is extended from any sound base. Its 50 DMA line ($148.95) 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