Stocks finished firmly higher on Monday. The Dow rose 175 points to 17710. The S&P 500 gained 19 points to 2066 and the Nasdaq Composite added 57 points to 4775. The Dow and S&P 500 both rebounded above their 50-day moving average lines. The volume totals were reported higher on the NYSE and on the Nasdaq exchange, suggesting that institutional buying demand improved. Advancers led decliners on the NYSE by 3-1 and on the Nasdaq exchange by 2-1. Leadership improved as there were 32 high-ranked companies from the Leaders List made new 52-week highs and were listed on the BreakOuts Page, up from the total of 17 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE while new lows yet again outnumbered new highs on the Nasdaq exchange.

Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index rebounded above its 50-day moving average (DMA) line. 

The market's confirmed uptrend (M criteria) has come under pressure in recent weeks. Sustained rallies require a healthy crop of leaders (stocks hitting new highs), however leadership has recently waned. Very few issues have appeared to meet the fact-based investment system's guidelines or make meaningful headway in recent weeks. The Featured Stocks Page includes current notes with headline links for access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts.

The major averages advanced as oil prices rallied to a six-month high. NYMEX WTI crude settled up 3.6% to $47.90/barrel after Goldman Sachs said the market moved into a deficit earlier-than-expected following supply disruptions in Nigeria. On the data front, a report showed manufacturing activity in the New York Fed region unexpectedly declined in May. In a separate release, the NAHB survey revealed homebuilder sentiment was unchanged this month.

All 10 sectors in the S&P 500 finished the session in positive territory. Materials and Energy were the best performing groups. Over in Technology, Apple (AAPL +3.71%) rose after Berkshire Hathaway (BRKB +0.32%) disclosed a stake in the company. Yahoo! (YHOO +2.74%) was up amid reports Warren Buffett is backing a group to acquire the company’s internet assets. In M&A news, drug maker Anacor Pharmaceuticals (ANAC +57.22%) agreed to a $5.2 billion takeover offer from Pfizer (PFE +0.57%). Range Resources (RRC -10.28%) fell as it announced it was acquiring Memorial Resources Development (MRD +3.05%) for $3.3 billion.

Treasuries were lower along the curve. The benchmark 10-year note was down 14/32 to 1.75%. In commodities, COMEX gold added 0.3% to $1276.10/ounce.

The Retail Index ($RLX +1.15%) and financial indexes underpinned the major averages' rebound on Monday as the Bank Index ($BKX +0.87%) and the Broker/Dealer Index ($XBD +0.45%) both rose more modestly. The tech sector was led by the Biotechnology Index ($BTK +2.89%) while the Semiconductor Index ($SOX +1.59%) and the Networking Index ($NWX +1.25%) also were higher. Commodity-linked groups also had a positive impact as the Gold & Silver Index ($XAU +2.56%), Oil Services Index ($OSX +2.02%) and the Integrated Oil Index ($XOI +1.79%) were unanimously higher. 

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX +0.87%) met resistance at its 200-day moving average (DMA) line and has found support near its 50 DMA line. 

Asset Management Services Using the Winning Fact-Based Investment System - Inquire Now!

You can have professional help in limiting your losses and maximizing your gains in all market environments. For help with how your portfolio is managed in 2016 and beyond click here and indicate "Find a Broker". *Accounts over $250,000 please.  **Serious inquires only, please.

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
TDG - NYSE Transdigm Group Inc AEROSPACE/DEFENSE - Aerospace/Defense Products and; Services	$249.59	+0.72 0.29%	$250.99	877,922 158.76% of 50 DAV 50 DAV is 553,000	$250.77 -0.47%	5/11/2016	$248.33	PP = $245.00
								MB = $257.25
Most Recent Note - 5/13/2016 5:25:13 PM Y - Holding its ground while churning above average volume since highlighted in yellow with pivot point based on its 8/18/15 high plus 10 cents in the 5/11/16 mid-day report (read here). Gapped up on the prior session and hit a new high with a considerable volume-driven gain triggering a technical buy signal. Reported earnings +36% on +29% sales for the Mar '16 quarter, marking its 3rd consecutive quarterly comparison with earnings above the +25% minimum earning guideline (C criteria). Annual earnings history has remained strong. See the latest FSU analysis for additional details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Fundamentals Strong Behind Technical Breakout - 5/11/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
MXL - NYSE Maxlinear Inc Cl A Telecom-Infrastructure	$19.41	+1.00 5.43%	$19.54	2,876,270 201.00% of 50 DAV 50 DAV is 1,431,000	$19.10 1.63%	5/16/2016	$19.24	PP = $19.20
								MB = $20.16
Most Recent Note - 5/16/2016 12:31:41 PM Y - Hitting a new high with today's gain on above average volume. Color code is changed to yellow with new pivot point cited based on its 4/04/16 high plus 10 cents after a choppy 6-week base. A gain and strong close above the new pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. See latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Rebounded Above 50-Day Average Following Strong Earnings News - 5/12/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
NVEE - NASDAQ N V 5 Global Inc Comml Svcs-Consulting	$26.77	-0.03 -0.11%	$27.21	132,684 165.86% of 50 DAV 50 DAV is 80,000	$29.30 -8.63%	4/19/2016	$28.20	PP = $28.10
								MB = $29.51
Most Recent Note - 5/16/2016 12:43:46 PM Y - Completed a new Public Offering on 5/13/16 following a gap down from its 52-week high. Members were cautioned - "Such offerings often hinder near-term price progress yet help companies to attract more institutional owners (I criteria). Reported earnings +39% on +54% sales revenues for the Mar '16 quarter, continuing its strong earnings track record. See the latest FSU analysis for additional details and an annotated graph." >>> FEATURED STOCK ARTICLE : Less Volume Behind Gain For Another New High - 5/10/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I