FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - THURSDAY, MAY 7TH, 2015

Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	+82.08	17,924.06	+0.46%	Volume	787,716,470	-2%	Volume	1,883,273,730	-5%
NASDAQ	+25.90	4,945.54	+0.53%	Advancers	1,780	56%	Advancers	1,677	55%
S&P 500	+7.85	2,088.00	+0.38%	Decliners	1,295	41%	Decliners	1,260	41%
Russell 2000	+6.18	1,225.54	+0.51%	52 Wk Highs	30		52 Wk Highs	47
S&P 600	+3.37	706.18	+0.48%	52 Wk Lows	60		52 Wk Lows	70

Major Averages Rose With Less Volume Conviction
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks finished higher on Thursday. The Dow rose 82 points to 17,924. The S&P 500 gained 8 points to 2,088. The NASDAQ Composite advanced 26 points to 4,945. The volume totals were reported lighter than the prior session totals on the Nasdaq exchange and on the NYSE, a sign of less serious buying demand from the institutional crowd. Breadth was positive as advancers led decliners by nearly a 3-2 margin on the NYSE and by 4-3 on the Nasdaq exchange. There were 17 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, up from the prior session total of 14 stocks. New 52-week lows again outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. There were gains for 9 of the 11 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, according to the newspaper the market earned the label of being in a "correction" following Wednesday's action - due to distributional action in the major indices and waning leadership (fewer stocks hitting new 52-week highs). New buying efforts should be avoided until a new confirmed rally with a follow-through day under the guidelines the fact-based investment system.

PICTURED: The Nasdaq Composite Index recently violated its 50-day moving average (DMA) line with volume-driven losses.

The major averages snapped a two-day decline led by a gain in tech stocks. Alibaba (BABA +7.5%) rose after posting earnings ahead of consensus estimates. Yahoo, (YHOO +5.3%) benefited as a stakeholder in the Chinese e-Commerce company. Microsoft (MSFT +0.9%) and Apple (AAPL +0.6%) both edged higher.

Investors also appeared encouraged by a better-than-expected weekly jobless claims figure ahead of tomorrow’s update on the labor market. First time filings for unemployment benefits edged up 3,000 to 265,000 versus a projected 280,000 increase. The Labor Department is expected to report non-farm payrolls grew 228,000 and the unemployment rate ticked down to 5.4% in April.

Along with tech, financials and industrials paced the advance as J.P. Morgan (JPM -0.9%) and American Airlines (AAL +4.3%) both rose. Energy was down the most on the session. Shares of Noble Corp (NBL -6.6%) fell as oil retreated. Whole Foods (WFM -9.7%) and Keurig Green Mountain (GMCR -9.2%) sank after both posted earnings below projections.

Treasuries rebounded from the prior selloff. Benchmark 10-year notes rose 17/32 to yield 2.18%.

In commodities, NYMEX crude fell -2.1% to $58.80/barrel. COMEX gold slipped -0.7% to $1181.50/ounce.

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.

Tech Indices and Broker/Dealer Index Rose; Energy-Linked Groups Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Broker/Dealer Index ($XBD +0.67%) was a positive influence on the major averages while the Bank Index ($BKX -0.13%) edged lower. The Semiconductor Index ($SOX +1.13%) led the tech sector while the Biotechnology Index ($BTK +0.80%) and the Networking Index ($NWX +0.79%) followed with modest gains. Energy-related areas were weak as the Oil Services Index ($OSX -2.71%) and Integrated Oil Index ($XOI -1.00%) both lost ground. The Gold & Silver Index ($XAU +0.35%) posted a small gain.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.86%) found support at its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	217.96	-6.06	-2.71%	+3.36%
Integrated Oil	$XOI	1,392.19	-14.12	-1.00%	+3.27%
Semiconductor	$SOX	695.20	+7.75	+1.13%	+1.21%
Networking	$NWX	378.00	+2.97	+0.79%	+5.60%
Broker/Dealer	$XBD	191.58	+1.27	+0.67%	+3.76%
Retail	$RLX	1,137.94	+9.65	+0.86%	+10.19%
Gold & Silver	$XAU	71.79	+0.25	+0.35%	+4.38%
Bank	$BKX	74.20	-0.10	-0.13%	-0.08%
Biotech	$BTK	3,889.74	+30.77	+0.80%	+13.10%

Perched at All-Time High Following Volume-Driven Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Valeant Pharmaceuticals International, Inc. (VRX +$1.99 or +0.92% to $218.25) is perched near its at all-time highs, consolidating after 4 consecutive volume-driven gains into new hihgh territory. It found prompt support its 50-day moving average (DMA) line recently but it did not form a sound base.

The high-ranked Medical - Ethical Drugs firm reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria). It was last shown in this FSU section on 4/14/15 with annotated daily and weekly graphs under the headline, "Perched at All-Time High But Concerns Remain After Sub Par Quarter".

It completed a new Public Offering on 3/17/15 and completed an earlier Public Offering on 6/18/13. The upshot of such offerings is that the end result is typically an increase in the total number of institutional owners. The number of top-rated funds owning its shares rose from 1,056 in Mar '14 to 1,245 in Mar '15, a reassuring trend concerning the I criteria. A downturn in FY '07 and '08 earnings (A criteria) was followed by a strong earnings rebound in recent years.

VRX gapped up on 2/23/15 for a considerable volume-driven gain on news it will acquire Salix Pharmaceuticals (SLXP). It was highlighted at $144.84 in yellow in the 1/05/15 mid-day report (read here) with an annotated weekly graph showing a new pivot point cited based on the 12/22/14 high while building a cup-with-handle base. Subsequent gains above the pivot point on 1/08/15 were backed by +71% above average volume triggering a new technical buy signal.

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
AKAM - NASDAQ Akamai Technologies Inc INTERNET - Internet Software and Services	$75.24	+0.20 0.27%	$75.57	1,169,860 78.25% of 50 DAV 50 DAV is 1,495,000	$77.31 -2.68%	4/20/2015	$73.53	PP = $73.63
								MB = $77.31
Most Recent Note - 5/6/2015 6:46:00 PM G - Reported earnings +5% on +16% sales revenues for the Mar '15 quarter, below the +25% minimum earnings guideline (C criteria), a fundamental flaw making it a less favorable buy candidate. See the latest FSU analysis for more details and new annotated graphs. Prior reports cautioned - "It did not produce gains above the pivot point backed by at least 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." >>> FEATURED STOCK ARTICLE : Fundamental Flaw Arose After Sub Par Earnings News - 5/6/2015 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
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$73.28	-0.19 -0.26%	$74.70	737,694 45.51% of 50 DAV 50 DAV is 1,621,000	$77.80 -5.81%	5/1/2015	$75.99	PP = $77.49
								MB = $81.36
Most Recent Note - 5/5/2015 6:01:32 PM Y - Pulled back today, and it reversed into the red on the prior session after touching a new 52-week high. Highlighted in yellow and pivot point is cited based on its 3/31/15 high plus 10 cents. Subsequent volume-driven gains may trigger a new (or add-on) technical buy signal. Found support when recently consolidating above its 50 DMA line ($70.29) 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
APOG - NASDAQ Apogee Enterprises MATERIALS and CONSTRUCTION - General Building Materials	$53.80	+0.35 0.65%	$54.88	271,628 112.71% of 50 DAV 50 DAV is 241,000	$55.36 -2.82%	4/9/2015	$49.58	PP = $48.13
								MB = $50.54
Most Recent Note - 5/6/2015 6:48:30 PM G - Volume totals have been cooling while consolidating, extended from its prior base. Prior highs in the $48 area and its 50 DMA line coincide defining important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Perched Near Its All-Time High, Extended From Prior Base - 5/5/2015 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
EPAM - NYSE Epam Systems Inc COMPUTER SOFTWARE and SERVICES - Information Technology Service	$65.25	-1.16 -1.75%	$66.47	2,018,346 482.86% of 50 DAV 50 DAV is 418,000	$70.49 -7.43%	3/27/2015	$61.97	PP = $63.60
								MB = $66.78
Most Recent Note - 5/7/2015 9:01:51 PM G - Undercut its 50 DMA line today then found prompt support and rebounded to finish in the upper third of its intra-day trading range. >>> FEATURED STOCK ARTICLE : Consolidating Following Latest Volume-Driven Breakout - 4/28/2015 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
FLT - NYSE Fleetcor Technologies DIVERSIFIED SERVICES - Business/Management Services	$153.36	+0.15 0.10%	$154.51	425,452 72.84% of 50 DAV 50 DAV is 584,100	$165.67 -7.43%	5/1/2015	$155.23	PP = $160.50
								MB = $168.53
Most Recent Note - 5/6/2015 10:14:00 AM G - Color code is changed to green after slumping below support at its 50 DMA line ($154.73) with today's 4th consecutive loss raising concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. Technically, it broke out on 4/23/15 with a volume-driven gain for new highs, and healthy stocks rarely fall more than -7% below their pivot point in favorable market environments. Reported earnings +29% on +64% sales revenues for the Mar '15 quarter. >>> FEATURED STOCK ARTICLE : Testing Support at 50-Day Moving Average Line - 5/1/2015 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
GSBC - NASDAQ Great Southern Bancorp BANKING - Savings and Loans	$38.93	+0.24 0.62%	$39.19	25,177 76.29% of 50 DAV 50 DAV is 33,000	$41.41 -5.99%	4/27/2015	$40.94	PP = $40.54
								MB = $42.57
Most Recent Note - 5/6/2015 6:53:43 PM Y - Recent slump below its pivot point raised concerns. Pulling back after triggering a technical buy signal on 4/28/15 with a gain above its pivot point backed by +47% above average volume. Consolidating near its 50 DMA line ($38.62) which defines near-term support. Disciplined investors always limit losses if a stock falls more than -7% from their purchase price. 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
JLL - NYSE Jones Lang Lasalle Inc REAL ESTATE - Property Management/Developmen	$163.06	+1.04 0.64%	$163.81	215,379 76.92% of 50 DAV 50 DAV is 280,000	$174.83 -6.73%	2/3/2015	$156.95	PP = $154.66
								MB = $162.39
Most Recent Note - 5/5/2015 6:03:56 PM G - Damaging loss today with above average volume violated its 50 DMA line triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook. Earnings rose +147% on +16% sales revenues for the Mar '15 quarter. >>> 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$100.74	+2.25 2.28%	$100.85	2,742,128 74.49% of 50 DAV 50 DAV is 3,681,000	$108.50 -7.15%	4/15/2015	$100.75	PP = $108.60
								MB = $114.03
Most Recent Note - 5/7/2015 8:59:50 PM Y - Quietly rebounded above its 50 DMA line with a gain on light volume. Faces overhead supply up through the $108 level which may act as resistance. Recent lows near $93.50 and its $93.05 low on 3/26/15 define important chart support where more damaging losses may raise concerns and trigger worrisome technical sell signals. >>> 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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$149.41	+3.61 2.48%	$150.42	1,024,061 70.14% of 50 DAV 50 DAV is 1,460,000	$158.24 -5.58%	3/27/2015	$146.44	PP = $149.45
								MB = $156.92
Most Recent Note - 5/5/2015 6:07:51 PM Y - Slumped below prior highs in the $150 area, testing near important support at its 50 DMA line ($145.43). Volume totals have been below average while consolidating since triggering a new technical buy signal with a volume-driven gain on 4/21/15. Subsequent damaging losses below the 50 DMA line may trigger a technical sell signal. >>> 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
SWKS - NASDAQ Skyworks Solutions Inc ELECTRONICS - Semiconductor - Integrated Cir	$97.07	+2.50 2.64%	$97.35	3,199,379 65.83% of 50 DAV 50 DAV is 4,860,000	$102.77 -5.55%	5/1/2015	$97.51	PP = $102.87
								MB = $108.01
Most Recent Note - 5/5/2015 6:06:23 PM Y - Sputtered to a close just below its 50 DMA line ($95.08) while building on a riskier "late-stage" base pattern and its color code is changed to green. Subsequent volume-driven gains above the pivot point are still needed to trigger a technical buy signal. Reported earnings +85% on +58% sales revenues for the Mar '15 quarter, continuing its streak of quarterly comparisons with earnings well above the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Found Prompt Support at 50-Day Moving Average Line - 5/4/2015 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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$218.25	+1.99 0.92%	$220.16	1,295,108 48.18% of 50 DAV 50 DAV is 2,688,000	$227.76 -4.18%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 5/7/2015 8:58:15 PM G - Perched near all-time highs after 4 consecutive volume-driven gains. Found prompt support its 50 DMA line recently but it did not form a sound base. Completed a new Public Offering on 3/17/15. Reported earnings +34% on +16% sales revenues for the Mar '15 quarter, an improvement after Dec '14 earnings below the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Perched at All-Time High Following Volume-Driven Gains - 5/7/2015 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

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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.