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AFTER MARKET UPDATE - MONDAY, APRIL 27TH, 2015
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Indices NYSE Nasdaq
DOW  -42.17 18,037.97 -0.23% Volume 781,486,680 +4% Volume 1,990,819,480 +13%
NASDAQ -31.83 5,060.25 -0.63% Advancers 1,149 36% Advancers 933 30%
S&P 500 -8.77 2,108.92 -0.41% Decliners 1,927 61% Decliners 2,114 67%
Russell 2000 -14.83 1,252.70 -1.17% 52 Wk Highs 94   52 Wk Highs 130  
S&P 600 -5.35 719.73 -0.74% 52 Wk Lows 12   52 Wk Lows 45  

Breadth Negative on Session After Major Averages Erased Early Gains

Stocks fell after setting all-time highs on Friday. The S&P 500 declined 8 points to 2,108. The NASDAQ slid 31 points to 5,060. Monday's volume totals were reported higher than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by more than a 2-1 margin on the Nasdaq exchange and nearly 2-1 on the NYSE.  There were 51 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, up a notch from the prior session total of 50 stocks. New 52-week highs still easily outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for only 3 of the 15 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, the major averages have overcome recent distributional pressure and leadership (stocks hitting new 52-week highs) has remained healthy, helping the rally continue. New buying efforts should only be made in stocks meeting all of the fundamental and technical guidelines the fact-based investment system.

 

PICTURED: The Dow Jones Industrial Average erased early gains and ended with a loss of 42 points to 18,037. Prior lows define near-term support below its 50 DMA line.

The major averages finished lower as a retreat in biotech overshadowed strength in commodity producers. At the close, seven of the 10 S&P 500 sectors were in negative territory. Mylan (MYL -5.7%) tumbled and Teva (TEVA -4.3%) also fell after Mylan reaffirmed its decision to rebuff Teva's unsolicited bid for the company. Applied Materials (AMAT -8.4%) gapped down after dropping acquisition plans on antitrust concerns. In materials, Freeport McMoRan (FCX +4.8%) rallied in sympathy with commodity prices. DuPont (DD +4.6%) rose after appointing activist investors to the company's board.

On the earnings front, Apple (AAPL +1.8%) rose but Jones Lang LaSalle (JLL -0.2%) edged lower ahead of the companies' latest profit tallies which were reported after the close.

Economic data was light with a measure of services sentiment missing projections for April.

Treasuries fell amid a $26 billion auction of two-year notes. The two-year security fell 1/23 to yield 0.52% and the 10-year note lost 5/32 to yield 1.93%.

Commodities finished mixed. WTI crude declined 0.6% to $56.80/barrel but increased inflation expectations lifted COMEX gold by 2.4% to $1203.30/ounce. In FOREX, the dollar ebbed 0.2% with the euro up 0.1% to $1.0884/EUR and the yen down 0.1% to ¥119.12/USD.

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.


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.


Commodity-Linked Groups and Semiconductor Index Rose

Commodity-linked groups were Monday's leading gainers as the Gold & Silver Index ($XAU +2.47%) outpaced the Oil Services Index ($OSX +1.14%) and the Integrated Oil Index ($XOI +0.28%). The Retail Index ($RLX -1.18%) was a negative influence on the major averages along with modest losses from the Broker/Dealer Index ($XBD -0.80%) and the Bank Index ($BKX -0.26%). The Biotechnology Index ($BTK -4.02%) was a standout decliner in the tech sector while the Networking Index ($NWX -0.49%) edged lower and the Semiconductor Index ($SOX +0.34%) eked out a small gain. 

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX -0.26%) is consolidating near its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  214.15 +2.42 +1.14% +1.56%
Integrated Oil $XOI  1,430.13 +3.95 +0.28% +6.08%
Semiconductor $SOX  696.11 +2.38 +0.34% +1.35%
Networking $NWX  382.22 -1.88 -0.49% +6.78%
Broker/Dealer $XBD  191.36 -1.55 -0.80% +3.64%
Retail $RLX  1,152.36 -13.78 -1.18% +11.58%
Gold & Silver $XAU  71.68 +1.73 +2.47% +4.22%
Bank $BKX  72.59 -0.19 -0.26% -2.25%
Biotech $BTK  3,936.05 -164.74 -4.02% +14.45%


Distributional Action Today and Annual Earnings History a Concerrn

Great Southern Bancorp (GSBC $40.17) churned heavy volume and finished the session unchanged after highlighted in yellow with a pivot point based on its 2/06/15 high plus 10 cents in the earlier mid-day report (read here). The churning action is a sign that it encountered distributional selling pressure today after reaching a new 52-week high. While perched in position to break out, the action was not indicative of heavy buying demand.  Therefore, subsequent gains and a more convincing finish above the pivot point with at least +40% above average volume are still needed to trigger a proper technical buy signal.

The number of top-rated funds owning is shares rose from 162 in Jun '14 to 185 in Mar '15, a reassuring sign concerning the I criteria. It found support recently near its 50-day moving average (DMA) line, also an encouraging sign institutional support.  However, its current Up/Down Volume Ratio of 0.8 (see red circle on weekly chart) is an unbiased indication that its shares have been under some distributional pressure over the past 50 days.

Earnings increases were above the +25% minimum guideline (C criteria) in the 4 latest quarterly comparisons through Mar '15. Annual earnings (A criteria) have not been strong and steady. Note that the annual earnings results include blue triangles beside the reported earnings figures - the blue triangles are symbols indicating that pre-tax, non-recurring items were included (where possible, such items are normally removed to provide data better suited for comparison).  


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  
$285.19 -10.22
-3.46%

$296.98

3,989,171
113.88% of 50 DAV
50 DAV is 3,503,000
$317.72
-10.24%
12/29/2014 $260.22 PP = $272.85
MB = $286.49
Most Recent Note - 4/27/2015 6:25:04 PM
Violated its 50 DMA line and undercut recent lows, finishing near the session low today with a large loss on higher (near average) volume, raising concerns and triggering a technical sell signal. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Still at 50-Day Moving Average Line But Fundamental Concerns Remain - 4/22/2015
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   Daily Graphs Online Stock Checkup
AKAM - NASDAQ
Akamai Technologies Inc
INTERNET - Internet Software and Services  
$77.04 +1.30
1.72%

$77.28

1,881,214
124.67% of 50 DAV
50 DAV is 1,509,000
$76.72
0.42%
4/20/2015 $73.53 PP = $73.63
MB = $77.31
Most Recent Note - 4/27/2015 6:27:27 PM
Y - Recent gains above the pivot point have not been backed by the +40% above average volume necessary to trigger a new (or add-on) technical buy signal. Its 50 DMA line defines near-term support to watch. Due to report earnings on Tuesday, 4/28/15 after the market close.
>>> FEATURED STOCK ARTICLE : Quietly Consolidating Above 50-Day Moving Average Line - 4/13/2015
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   Daily Graphs Online Stock Checkup
AMBA - NASDAQ
Ambarella Inc
ELECTRONICS - Semiconductor - Specialized  
$70.63 -1.50
-2.08%

$73.12

893,919
50.79% of 50 DAV
50 DAV is 1,760,000
$77.39
-8.73%
3/2/2015 $60.54 PP = $63.30
MB = $66.47
Most Recent Note - 4/27/2015 6:32:08 PM
G - It still has not formed a sound new base of sufficient length. Consolidating above its 50 DMA line ($67.66) and recent low ($64.55 on 3/26/15) defining important near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched at All-Time High, Extended From Prior Base - 4/20/2015
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   Daily Graphs Online Stock Checkup
APOG - NASDAQ
Apogee Enterprises
MATERIALS and CONSTRUCTION - General Building Materials  
$53.08 -0.40
-0.75%

$54.39

282,735
129.69% of 50 DAV
50 DAV is 218,000
$55.01
-3.51%
4/9/2015 $49.58 PP = $48.13
MB = $50.54
Most Recent Note - 4/27/2015 6:29:06 PM
G - Ended with a loss on above average volume after erasing an early gain today. It is extended from its prior base. Prior highs in the $48 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Breakaway Gap Backed With 8 Times Average Volume - 4/9/2015
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   Daily Graphs Online Stock Checkup
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$64.89 -1.72
-2.58%

$67.43

344,424
79.18% of 50 DAV
50 DAV is 435,000
$70.49
-7.94%
3/27/2015 $61.97 PP = $63.60
MB = $66.78
Most Recent Note - 4/27/2015 6:30:53 PM
Y - Pulled back for a 4th consecutive loss today. Prior highs in the $63.50 area define near-term support above its 50 DMA line ($62.27).
>>> FEATURED STOCK ARTICLE : Fresh Breakout Again Had Look of Institutional Demand - 4/7/2015
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   Daily Graphs Online Stock Checkup
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
FB - NASDAQ
Facebook Inc Cl A
INTERNET  
$81.91 +0.38
0.47%

$82.93

25,415,590
97.03% of 50 DAV
50 DAV is 26,192,400
$86.07
-4.83%
2/20/2015 $81.79 PP = $78.47
MB = $82.39
Most Recent Note - 4/27/2015 6:12:54 PM
G - Recently reported earnings +20% on +42% sales revenues for the Mar '15 quarter, below the +25% minimum earnings guideline (C criteria) of the fact-based investment system, raising concerns. Consolidating above its 50 DMA line ($81.00) where a subsequent violation would trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Rebounded Above "Max Buy" Level After Pullback Near 50 Day Average - 4/21/2015
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   Daily Graphs Online Stock Checkup
GSBC - NASDAQ
Great Southern Bancorp
BANKING - Savings and Loans  
$40.17 +0.00
0.00%

$41.00

77,994
236.35% of 50 DAV
50 DAV is 33,000
$40.44
-0.67%
4/27/2015 $40.94 PP = $40.54
MB = $42.57
Most Recent Note - 4/27/2015 12:38:38 PM
Y - Color code is changed to yellow with a pivot point based on its 2/06/15 high plus 10 cents. Hitting a new 52-week high with today's 4th consecutive gain on ever-increasing volume. A strong finish may clinch a technical buy signal. Found support recently near its 50 DMA line. Earnings increases were above the +25% minimum guideline (C criteria) in the 3 latest quarterly comparisons through Mar '15. Annual earnings (A criteria) have not been strong and steady.
>>> FEATURED STOCK ARTICLE : Distributional Action Today and Annual Earnings History a Concerrn - 4/27/2015
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   Daily Graphs Online Stock Checkup
ILMN - NASDAQ
Illumina Inc
DRUGS - Biotechnology  
$183.71 -5.88
-3.10%

$193.56

1,675,325
159.75% of 50 DAV
50 DAV is 1,048,700
$213.33
-13.88%
12/30/2014 $186.26 PP = $196.00
MB = $205.80
Most Recent Note - 4/27/2015 6:16:19 PM
Today's volume-driven loss has it again testing support at its 200 DMA line. It may likely find support near that long-term average, however its Relative Strength rating, now 58, is well below the 80+ minimum guideline for buy candidates. It will be dropped from the Featured Stocks list tonight. Gains above its 50 DMA line are needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Earnings Report Due Next Week May Generate Volatility - 4/15/2015
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   Daily Graphs Online Stock Checkup
JLL - NYSE
Jones Lang Lasalle Inc
REAL ESTATE - Property Management/Developmen  
$166.05 -0.26
-0.16%

$168.20

257,940
99.98% of 50 DAV
50 DAV is 258,000
$172.09
-3.51%
2/3/2015 $156.95 PP = $154.66
MB = $162.39
Most Recent Note - 4/24/2015 6:58:39 PM
G - Found support again this week at its 50 DMA line ($163.88) while consolidating. More damaging losses would raise concerns and trigger a technical sell signal. See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : Found Support Again at 50-Day Moving Average Line - 4/24/2015
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   Daily Graphs Online Stock Checkup
LNKD - NYSE
Linkedin Corp Class A
INTERNET - Internet Information Providers  
$260.29 -0.66
-0.25%

$264.70

1,055,761
87.69% of 50 DAV
50 DAV is 1,204,000
$276.18
-5.75%
4/10/2015 $263.45 PP = $276.28
MB = $290.09
Most Recent Note - 4/24/2015 7:00:29 PM
G - Posted a gain today with near average volume and finished near its 50 DMA line ($260.99) which has been acting as resistance. A convincing rebound above that important short-term average would help its outlook to improve.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helped Technical Stance - 4/10/2015
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   Daily Graphs Online Stock Checkup
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  
$96.93 +1.60
1.68%

$98.14

2,931,223
83.73% of 50 DAV
50 DAV is 3,501,000
$108.50
-10.66%
4/15/2015 $100.75 PP = $108.60
MB = $114.03
Most Recent Note - 4/24/2015 1:15:17 PM
G - Violating its 50 DMA line with today's loss raising concerns and its color code is changed to green. Its prior low ($93.05 on 3/26/15) defines the next important chart support level where a damaging violation may raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Forming New Base Above 50-Day Moving Average Line - 4/16/2015
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   Daily Graphs Online Stock Checkup
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$153.83 -0.01
-0.01%

$158.24

1,223,125
83.60% of 50 DAV
50 DAV is 1,463,000
$156.39
-1.64%
3/27/2015 $146.44 PP = $149.45
MB = $156.92
Most Recent Note - 4/27/2015 6:37:13 PM
Y - Touched a new high today then reversed into the red. Held its ground since triggering a new technical buy signal with a volume-driven gain on 4/21/15. Prior highs near $150 define initial support above its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line - 4/17/2015
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   Daily Graphs Online Stock Checkup
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$52.82 -0.23
-0.43%

$54.89

348,349
81.58% of 50 DAV
50 DAV is 427,000
$54.78
-3.58%
4/8/2015 $52.04 PP = $50.10
MB = $52.61
Most Recent Note - 4/27/2015 6:38:48 PM
G - Holding its ground stubbornly after rallying back above its "max buy" level. When consolidating it found support near prior highs in the $50 area and well above its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Volume Driven Gain From Flat Base Triggered New Technical Buy Signal - 4/8/2015
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   Daily Graphs Online Stock Checkup
REIS - NASDAQ
Reis Inc
Real Estate Dvlpmt/Ops  
$24.80 -0.95
-3.69%

$26.06

31,664
109.19% of 50 DAV
50 DAV is 29,000
$28.82
-13.95%
3/16/2015 $25.65 PP = $26.64
MB = $27.97
Most Recent Note - 4/27/2015 6:21:21 PM
G - Violated its 50 DMA line with a loss today triggering a technical sell signal and its color code is changed to green. After featured on 3/16/15 is did not produce a gain above the pivot point backed by at least +40% above average volume to trigger a convincing technical buy signal.
>>> FEATURED STOCK ARTICLE : Finding Support at 50-Day Moving Average - 4/23/2015
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   Daily Graphs Online Stock Checkup
VRX - NYSE
Valeant Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$202.02 -8.40
-3.99%

$211.97

3,080,051
99.23% of 50 DAV
50 DAV is 3,104,000
$211.57
-4.51%
1/5/2015 $144.84 PP = $149.90
MB = $157.40
Most Recent Note - 4/27/2015 6:10:02 PM
G - Finished at the session low today with a big loss on near average volume while slumping near its 50 DMA line. Completed a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Recent low ($186.20 on 3/11/15) and its 50 DMA line ($199.05) define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Perched at All-Time High But Concerns Remain After Sub Par Quarter - 4/14/2015
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   Daily Graphs Online Stock Checkup
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

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

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