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AFTER MARKET UPDATE - WEDNESDAY, MARCH 1ST, 2017
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Indices NYSE Nasdaq
DOW  +303.31 21,115.55 +1.46% Volume 1,250,096,880 -24% Volume 1,983,163,940 -3%
NASDAQ +78.59 5,904.03 +1.35% Advancers 2,011 67% Advancers 2,169 75%
S&P 500 +32.32 2,395.96 +1.37% Decliners 971 33% Decliners 709 25%
Russell 2000 +26.95 1,413.64 +1.94% 52 Wk Highs 345   52 Wk Highs 305  
S&P 600 +15.67 862.16 +1.85% 52 Wk Lows 28   52 Wk Lows 43  

Leadership Expanded as Indices Spiked to New Record Highs

Stocks finished firmly higher on Wednesday. The Dow jumped 303 points to 21115. The S&P 500 added 32 points to 2395 and the Nasdaq Composite climbed 78 points to 5904. However, volume totals were reported below the prior session totals but still above average on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by a 2-1 margin on the NYSE and more than 3-1 on the Nasdaq exchange. There were 113 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, up more than four-fold from the total of 27 on the prior session. New 52-week highs expanded and solidly outnumbered new 52-week lows on both the NYSE and the Nasdaq exchange.

Charts used courtesy of www.stockcharts.com


PICTURED: The tech-heavy Nasdaq Composite Index is perched at a record high, up +9.6% year-to-date. 

Leadership remains healthy as the major averages' (M criteria) have maintained a confirmed uptrend. New buying efforts should only be made in candidates with superior fundamental and technical characteristics.  ThFeatured Stocks Page lists noteworthy high-ranked leaders.

The major averages resumed their post-election ascent following President Trump’s speech to Congress Tuesday evening. Bonds moved the other way with the benchmark 10-year note losing 17/32 to yield 2.45% in sympathy with growing expectation for a Fed rate hike in March. After this afternoon’s Beige Book release indicated continued economic growth in most regions, traders are pricing in an 80% probability the Fed increases rates at the next FOMC meeting, according to Bloomberg data. On the data front, the PCE deflator increased by 0.4% sequentially in January, while the Fed’s preferred proxy for inflation climbed 1.9% year-over-year. ISM’s gauge of U.S. manufacturing came in at 57.7 in February, the best level in two years and well above analyst expectations of 56.2.

Nine out of 11 sectors in the S&P 500 finished in the green with Financials and Energy shares pacing the gains. In earnings, Lowe’s Companies (LOW +9.52%) gapped up to challenge its all-time high as the home improvement retailer beat estimates on the top and bottom line. Palo Alto Networks (PANW -24.15%) gapped down testing last year's lows after providing weaker-than-expected current-quarter revenue guidance.

In commodities, NYMEX WTI crude slipped 0.2% to $53.77/barrel while gold lost 0.3% to $1249.90 ounce on the COMEX.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.


Financial, Energy, Retail, and Tech Groups Rose

The Broker/Dealer Index ($XBD +2.84%) and Bank Index ($BKX +3.23%) were standout gainers while the Retail Index ($RLX +1.02%) and a broad group of stocks drove the record rally higher on WednesdayThe tech sector was unanimously higher as the Biotechnology Index ($BTK +1.66%), Semiconductor Index ($SOX +1.64%), and the Networking Index ($NWX +1.16%) rose. The Oil Services Index ($OSX +2.80%) and Integrated Oil Index ($XOI +1.53%) both posted solid gains while the Gold & Silver Index ($XAU +0.53%) lagged.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +2.84%) found support above its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  180.81 +4.92 +2.80% -1.62%
Integrated Oil $XOI  1,216.04 +18.31 +1.53% -4.10%
Semiconductor $SOX  985.26 +15.88 +1.64% +8.69%
Networking $NWX  463.99 +5.34 +1.16% +4.01%
Broker/Dealer $XBD  224.03 +6.18 +2.84% +9.13%
Retail $RLX  1,438.35 +14.57 +1.02% +7.10%
Gold & Silver $XAU  85.03 +0.45 +0.53% +7.82%
Bank $BKX  99.33 +3.10 +3.22% +8.21%
Biotech $BTK  3,589.16 +58.50 +1.66% +16.72%


Stubbornly Holding Ground After Breakaway Gap

Arista Networks Inc (ANET +$1.65 or +1.39% to $120.64) has been holding its ground stubbornly, extended from prior highs in the $103 area following a big "breakaway gap" on 2/17/17. It reported earnings +30% on +34% sales revenues for the Dec '16 quarter and it was noted - "Recovered impressively and faces no resistance due to overhead supply, but it has not formed a sound base after its gap down on 1/17/17." 

ANET is up +28.6% since first highlighted at $93.80 in yellow with pivot point cited based on its 2015 high plus 10 cents in the 11/21/16 mid-day report (read here). It was last shown in this FSU section on 1/18/17 with an annotated graph under the headline, "Technical Damages Raised Concern and Triggered Technical Sell Signal", after violating its 50-day moving average (DMA) line also undercutting prior lows in the $91 area. The damaging loss on heavy volume raised concerns and triggered a technical sell signal. It halted its slide near prior highs in the $87 area and eventually rebounded above its 50 DMA line helping its outlook to improve. 

Disciplined investors know that risk increases when chasing a stock more than +5% above its prior highs or it pivot point. In all cases, stocks that fall more than 8% from your purchase price should be sold to prevent a small loss from potentially becoming a more devastating loss.

ANET has shown strong and steady increases in quarterly sales revenues while earnings have routinely been well above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) growth has been strong, however, its history is limited since its $43 IPO in June of 2014. 

The number of top-rated funds owning its shares rose from 360 in Dec '15 to 439 in Dec '16, a reassuring sign concerning the I criteria. The high-ranked Computer - Networking firm has a Timeliness Rating of A and a Sponsorship Rating of B. Its small supply of 34.8 million shares (S criteria) in the public float may contribute to greater volatility in the event of institutional buying or selling. 

Charts used courtesy of www.stockcharts.com/

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
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$113.55 +2.73
2.46%

$114.51

578,308
118.02% of 50 DAV
50 DAV is 490,000
$112.89
0.58%
1/24/2017 $100.52 PP = $108.45
MB = $113.87
Most Recent Note - 3/1/2017 5:41:17 PM
Y - Posted a gain with above average volume approaching its "max buy" level. Prior highs in the $108 area define support to watch above its 50 DMA line on pullbacks.
>>> FEATURED STOCK ARTICLE : Rose From Support at 50-Day Moving Average Line - 1/24/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SBCF - NASDAQ
Seacoast Banking Corp Fl
BANKING - Regional - Mid-Atlantic Banks  
$24.00 +0.77
3.31%

$24.02

430,737
118.66% of 50 DAV
50 DAV is 363,000
$25.13
-4.50%
2/13/2017 $24.84 PP = $23.10
MB = $24.26
Most Recent Note - 2/27/2017 5:30:44 PM
Y - Churning above average volume and consolidating since its 2/13/17 gap up was highlighted in yellow with pivot point cited based on its 1/04/17 high plus 10 cents. Its solid volume-driven gain clinched a technical buy signal. Completed a new Public Offering on 2/15/17. Prior highs in the $23 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Gap Up Gain and Strong Finish Triggered Technical Buy Signal - 2/13/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CSFL - NASDAQ
Centerstate Banks Inc
Banks-Southeast  
$25.33 +0.62
2.51%

$25.42

249,919
92.22% of 50 DAV
50 DAV is 271,000
$26.30
-3.69%
10/10/2016 $18.20 PP = $18.37
MB = $19.29
Most Recent Note - 2/28/2017 4:54:51 PM
G - Consolidating just below its 50 DMA line ($24.98). Recent low ($23.80 on 2/08/17) defines important near-term support where further deterioration would trigger a technical sell signal. Completed a new Public Offering of shares on 1/10/17.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Average Following Offering - 2/6/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IESC - NASDAQ
Integrated Electric Svcs
Bldg-Maintenance and Svc  
$19.95 +1.20
6.40%

$20.25

75,443
132.36% of 50 DAV
50 DAV is 57,000
$23.00
-13.26%
11/23/2016 $19.35 PP = $18.26
MB = $19.17
Most Recent Note - 3/1/2017 5:30:22 PM
G - Gapped up today and rallied above its 50 DMA line helping its outlook improve. Its Relative Strength rating at 77 remains below the 80+ minimum guideline for buy candidates. Prior low ($18.05 on 1/18/17) defines important support near prior highs. Recently reported Dec '16 quarterly earnings -33% on +27% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Violated 50-Day Moving Average Line and Now Testing Prior Highs - 1/19/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NSP - NYSE
Insperity Inc
Comml Svcs-Outsourcing  
$83.85 +0.60
0.72%

$85.05

273,066
184.50% of 50 DAV
50 DAV is 148,000
$86.35
-2.90%
2/14/2017 $84.30 PP = $82.28
MB = $86.39
Most Recent Note - 2/28/2017 12:30:50 PM
Y - Recently consolidating near prior highs defining initial support. It stalled soon after highlighted in yellow with pivot point cited based on its 7/26/16 high plus 10 cents in the 2/14/17 mid-day report (read here). More damaging losses below the recent low ($79.97 on 2/24/17) would raise concerns.
>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gains Indicative of Institutional Demand - 2/14/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
BERY - NYSE
Berry Plastics Group Inc
CONSUMER NON-DURABLES - Packaging and Containers  
$50.96 +0.63
1.25%

$51.25

921,535
77.26% of 50 DAV
50 DAV is 1,192,800
$52.97
-3.79%
11/30/2016 $50.26 PP = $46.47
MB = $48.79
Most Recent Note - 2/28/2017 4:54:15 PM
G - Relative Strength Rating is 79, just below the 80+ minimum for buy candidates under the fact-based investment system, and it has been consolidating near its 50 DMA line. Recent lows in the $48.50 area define near-term support. Damaging losses and violations would trigger a more worrisome technical sell signal. Reported earnings +43% on -7% sales revenues for the Dec '16 quarter.
>>> FEATURED STOCK ARTICLE : Recent 50-Day Violation Raised Concerns - 2/7/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EVR - NYSE
Evercore Partners Inc
FINANCIAL SERVICES - Investment Banking  
$81.60 +2.05
2.58%

$82.29

581,069
135.76% of 50 DAV
50 DAV is 428,000
$81.75
-0.18%
1/5/2017 $71.40 PP = $72.07
MB = $75.67
Most Recent Note - 2/27/2017 9:57:56 AM
G - Still holding its ground stubbornly, extended from its prior base. Its 50 DMA line and prior low ($74.75 on 2/08/17) define near-term support to watch. Recently reported Dec '16 quarterly earnings +17% on +9% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Holding Ground After Latest Earnings Were Below +25% Guideline - 2/17/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$302.58 -1.47
-0.48%

$308.66

1,443,081
131.31% of 50 DAV
50 DAV is 1,099,000
$308.50
-1.92%
2/10/2017 $259.30 PP = $272.68
MB = $286.31
Most Recent Note - 2/24/2017 12:40:25 PM
G - Perched near all-time highs, extended from its prior base following a "breakaway gap" and additional volume-driven gains. Prior highs in the $272 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Rebounding With Earnings News Due Soon - 2/10/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
STMP - NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services  
$120.85 -5.25
-4.16%

$128.25

596,621
258.73% of 50 DAV
50 DAV is 230,600
$136.00
-11.14%
2/16/2017 $129.45 PP = $123.85
MB = $130.04
Most Recent Note - 3/1/2017 5:28:26 PM
G - Ended near the session low as more damaging distributional pressure today added to its streak of volume-driven losses. Its color code is changed to green after undercutting prior highs and its 50 DMA line triggering technical sell signals.
>>> FEATURED STOCK ARTICLE : Recent Gains Have Lacked Heavy Volume Indicative of Accumulation - 2/16/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
China Lodging Group Ads
LEISURE - Lodging  
$60.61 +2.64
4.55%

$60.75

155,956
118.15% of 50 DAV
50 DAV is 132,000
$59.20
2.38%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 3/1/2017 5:33:56 PM
G - Hit a new all-time high and finished near the session high with above average volume behind its big gain today. The recent low ($53.12 on 2/15/17) and its 50 DMA line ($52.42) define important near-term support to watch. Repeatedly noted with caution in prior reports - "Reported earnings +10% on +6% sales revenues for the Sep '16 quarter, below the +25% minimum earnings guideline (C criteria), raising concerns."
>>> FEATURED STOCK ARTICLE : Mostly Bullish Action Continues Since Latest Earnings Report - 2/9/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
BEAT - NASDAQ
BioTelemetry Inc
Medical-Services  
$26.55 +1.10
4.32%

$27.25

539,266
155.86% of 50 DAV
50 DAV is 346,000
$27.30
-2.75%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 2/27/2017 5:20:04 PM
G - Pulled back with heavy volume today and closed near its "max buy" level. Prior highs in the $24 area and its 50 DMA line ($23.17) define important near-term support.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Earnings Report Due - 2/21/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PATK - NASDAQ
Patrick Industries Inc
WHOLESALE - Building Materials Wholesale  
$82.40 +2.55
3.19%

$83.25

108,902
90.00% of 50 DAV
50 DAV is 121,000
$86.10
-4.30%
11/29/2016 $72.45 PP = $69.63
MB = $73.11
Most Recent Note - 2/27/2017 5:37:39 PM
G - Found support recently near its 50 DMA line ($79.77) and posted a gain today with above average volume. Recent lows in the $76 area define support where more damaging losses may trigger a technical sell signal. Reported earnings +14% on +30% sales revenues for the Dec '16 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Extended From Prior Base - 1/31/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$35.54 +0.73
2.10%

$35.64

1,301,160
205.23% of 50 DAV
50 DAV is 634,000
$38.10
-6.72%
1/25/2017 $34.09 PP = $34.04
MB = $35.74
Most Recent Note - 3/1/2017 5:46:56 PM
Y - Rising near its "max buy" level with today's 4th consecutive gain on ever-increasing volume after finding support. Consolidating above its 50 DMA line and prior highs defining important near-term support in the $33-34 area.
>>> FEATURED STOCK ARTICLE : Twice Average Volume Behind Big Breakout Gain - 1/25/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$120.64 +1.65
1.39%

$121.11

777,861
92.49% of 50 DAV
50 DAV is 841,000
$123.12
-2.01%
12/30/2016 $96.77 PP = $99.00
MB = $103.95
Most Recent Note - 2/28/2017 4:53:14 PM
G - Holding its ground stubbornly, extended from prior highs in the $103 area following a big "breakaway gap" on 2/17/17. Reported earnings +30% on +34% sales revenues for the Dec '16 quarter and it was noted - "Recovered impressively and faces no resistance due to overhead supply, but it has not formed a sound base after its gap down on 1/17/17."
>>> FEATURED STOCK ARTICLE : Technical Damages Raised Concern and Triggered Technical Sell Signal - 1/18/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
VBTX - NASDAQ
Veritex Holdings Inc
BANKING - Regional - Southwest Banks  
$29.05 +0.40
1.40%

$29.25

116,495
121.35% of 50 DAV
50 DAV is 96,000
$29.43
-1.29%
1/23/2017 $27.30 PP = $27.87
MB = $29.26
Most Recent Note - 2/27/2017 5:35:59 PM
Y - Hovering near its "max buy" level. Prior highs in the $27 area and its 50 DMA line define important near-term support.
>>> FEATURED STOCK ARTICLE : Challenged Highs But Ended in Bottom Third of Intra-day Range - 1/23/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$49.45 +2.40
5.10%

$50.00

295,549
184.72% of 50 DAV
50 DAV is 160,000
$47.95
3.13%
2/27/2017 $44.83 PP = $44.40
MB = $46.62
Most Recent Note - 3/1/2017 5:37:11 PM
G - Rallied further above its "max buy" level with today's 4th consecutive volume-driven gain, getting very extended from its prior base. No resistance remains due to overhead supply. Prior highs in the $44 area define initial support to watch. First highlighted in the 2/27/17 mid-day report with pivot point cited based on its 12/08/16 high plus 10 cents (read here). See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Big Breakout Followed Solid Earnings News - 2/28/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SFBS - NASDAQ
Servisfirst Bancshares
BANKING - Regional - Southeast Banks  
$42.00 +0.43
1.03%

$42.54

500,364
248.94% of 50 DAV
50 DAV is 201,000
$42.66
-1.55%
7/19/2016 $26.64 PP = $26.41
MB = $27.73
Most Recent Note - 2/27/2017 5:32:30 PM
G - Still holding its ground stubbornly and perched at all-time highs. Recently reported earnings +8% on +20% sales revenues for the Dec '16 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns. Its 50 DMA line ($38.92) defines important near-term support where a subsequent violation would trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Concerns Raised by Latest Earnings - 2/22/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
INGN - NASDAQ
Inogen Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$73.80 +5.18
7.55%

$79.94

653,160
502.43% of 50 DAV
50 DAV is 130,000
$70.50
4.69%
2/27/2017 $68.69 PP = $69.94
MB = $73.44
Most Recent Note - 3/1/2017 12:35:01 PM
Y - Gapped up and hit new all-time highs today after reporting earnings +32% on +26% sales revenues for the Dec '16 quarter. Disciplined investors avoid chasing stocks more than +5% above the pivot point. INGN was highlighted in yellow with pivot point cited based on its 2/21/17 high in the 2 prior mid-day reports (read here) and noted -"Perched near all-time highs after a saucer-with-handle base. Subsequent volume-driven gains for new highs coupled with strong earnings may clinch a technical buy signal. Reported earnings +23% on +33% sales revenues for the Sep '16 quarter, slightly below the +25% minimum guideline. Due to report Dec '16 earnings news on 2/28/17, and volume and volatility often increase near earnings news. Rebounded and made gradual progress since dropped from the Featured Stocks list on 10/27/16." See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Formed Orderly Base With Earnings News Due After Tuesday's Close - 2/27/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PLAY - NASDAQ
Dave & Buster's Ent Inc
Retail-Restaurants  
$57.74 +0.55
0.96%

$58.25

629,051
112.73% of 50 DAV
50 DAV is 558,000
$59.63
-3.17%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 3/1/2017 5:44:04 PM

Y - Found support again near its 50 DMA line ($55.80). It was highlighted in yellow with pivot point cited based on its 1/04/17 high plus 10 cents in the 2/23/17 mid-day report (read here) and it was noted - "Subsequent gains for new highs with above average volume may trigger a convincing technical buy signal. Recently wedged to new highs with gains lacking great volume. Found support near its 50 DMA line while consolidating since a big 'breakaway gap' on 12/07/16 after reporting better than expected earnings +108% on +19% sales revenues for the Oct '16 quarter. Following its $16 IPO on 10/10/14 it completed Secondary Offerings on 2/05/15, 5/27/15, and 10/01/15. "


>>> FEATURED STOCK ARTICLE : Consolidating Near 50 DMA After Recent Gains Lacked Volume - 2/23/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LITE - NASDAQ
Lumentum Holdings Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$47.90 +2.00
4.36%

$48.31

1,612,826
127.70% of 50 DAV
50 DAV is 1,263,000
$53.70
-10.79%
2/8/2017 $44.60 PP = $44.80
MB = $47.04
Most Recent Note - 3/1/2017 5:39:54 PM
G - Color code is changed to green after rising back above its "max buy" level. Recent lows tested the prior highs in the $44-45 area noted as important support to watch.
>>> FEATURED STOCK ARTICLE : Gap Up Gain and Strong Finish Triggered Technical Buy Signal - 2/8/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
LCII - NYSE
L C I Industries
MATERIALS and CONSTRUCTION - General Building Materials  
$112.30 +4.60
4.27%

$112.55

193,560
119.48% of 50 DAV
50 DAV is 162,000
$117.15
-4.14%
11/29/2016 $106.29 PP = $101.00
MB = $106.05
Most Recent Note - 2/28/2017 4:52:17 PM
G - Slumped below its 50 DMA line ($110) and closed near the session low. Further deterioration below recent low ($104.10 on 2/14/17) may trigger a more worrisome technical sell signal. Fundamentals through Dec '16 remain strong.
>>> FEATURED STOCK ARTICLE : Distributional Action While Retreating From Highs - 1/30/2017
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