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AFTER MARKET UPDATE - THURSDAY, MAY 31ST, 2018
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Indices NYSE Nasdaq
DOW  -251.94 24,415.84 -1.02% Volume 1,374,364,960 +61% Volume 2,505,362,780 +23%
NASDAQ -20.33 7,442.12 -0.27% Advancers 1,094 37% Advancers 1,140 39%
S&P 500 -18.73 2,705.28 -0.69% Decliners 1,886 63% Decliners 1,793 61%
Russell 2000 -14.32 1,633.67 -0.87% 52 Wk Highs 101   52 Wk Highs 159  
S&P 600 -10.92 1,007.54 -1.07% 52 Wk Lows 66   52 Wk Lows 51  

Indices' Losses on Higher Volume Indicate Distributional Pressure

For the month the Dow climbed 1.1%, the S&P 500 added 2.2% and the Nasdaq Composite gained 5.3%. Stocks finished lower Thursday. The Dow lost 251 points to 24416, while the S&P 500 fell 18 points to 2705. The Nasdaq Composite declined 20 points to 7442. Volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange, indicative of distributional pressure. Breadth was negative as decliners led advancers by a 9-5 margin on the NYSE and 3-2 on the Nasdaq exchangeLeadership waned yet new 52-week highs totals outnumbered new 52-week lows totals on the Nasdaq exchange and the NYSE.  There were 56 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 101 on the prior session. The major indices (M criteria) remain in a confirmed rally with healthy leadership (stocks hitting new highs) continuing to underpin the market. New buying efforts are justified only when all key criteria of the fact-based investment system are satisfied. ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index ended -5.8% off its record high. Losses marked by higher volume are indicative of distributional pressure in recent weeks. Meanwhile it is still consolidating above its 50-day and 200-day moving average lines.

The major averages declined amid rising geopolitical tensions. The Trump administration announced new tariffs on steel and aluminum imports from the E.U., Canada and Mexico. European and Canadian leaders announced they would retaliate with new tariffs on goods imported from the United States. On the data front, the core PCE Deflator rose 1.8% year-over-year in April. Separately, weekly initial jobless claims declined more than expected to 221,000. An additional release revealed pending home sales unexpectedly fell 1.3% last month.

Nine of 11 S&P 500 sectors finished lower. Technology shares outperformed as Google parent Alphabet (GOOGL +2.09%) rose after announcing a partnership with French telecommunications firm Orange to invest in global start-ups. Consumer Staples and Industrials were down the most in sympathy with the new tariff announcements. In other corporate news, General Motors (GM +12.9%) surged after Softbank’s Vision Fund announced a $2.25 billion investment in GM’s autonomous vehicle venture.

Treasuries were slightly lower as the yield on the benchmark 10-year note was unchanged at 2.85%. In commodities, WTI crude declined 1.7% to $67.06/barrel. COMEX gold was off 0.2% to $1303.90/ounce.

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, Retail, Tech, and Commodity-Linked Groups Fell

On Thursday the Broker/Dealer Index ($XBD -1.02%), Bank Index ($BKX -0.61%) and the Retail Index ($RLX -0.54%) each lost ground and weighed on the major indicesThe Biotech Index ($BTK -0.02%) finished flat but the Semiconductor Index ($SOX -0.79%) and Networking Index ($NWX -0.88%) both edged lower. Commodity-linked groups also had a negative bias as the Oil Services Index ($OSX -2.87%), Integrated Oil Index ($XOI -0.74%), and the Gold & Silver Index ($XAU -0.63%) each lost ground.

Charts courtesy of www.stockcharts.com

PICTURED: The Bank Index ($BKX -0.61%) is sputtering near its 200-day moving average (DMA) line and prior lows defining important term-term support. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  155.16 -4.59 -2.87% +3.75%
Integrated Oil $XOI  1,528.83 -11.44 -0.74% +14.47%
Semiconductor $SOX  1,379.00 -10.91 -0.78% +10.05%
Networking $NWX  528.52 -4.68 -0.88% +7.74%
Broker/Dealer $XBD  287.77 -2.95 -1.02% +8.49%
Retail $RLX  2,102.91 -11.47 -0.54% +21.29%
Gold & Silver $XAU  83.32 -0.53 -0.63% -2.29%
Bank $BKX  105.94 -0.65 -0.61% -0.72%
Biotech $BTK  4,748.49 -1.13 -0.02% +12.46%


Consolidating Near High Following Latest Financial Report

Splunk Inc (SPLK -$0.69 or -0.62% to $110.81) is consolidating above its 50-day moving average (DMA) line ($106.45) after volume-driven losses tested the prior high in the $108 area. More damaging losses would raise greater concerns and trigger technical sell signals. Wedging gains above the stock's pivot point recently were noted when below the +40% above average volume needed to trigger a proper technical buy signal. Confirming gains backed by at least +40% above average volume would be a reassuring sign of fresh institutional buying demand which might lead to a meaningful advance..

Last week it reported a loss of 7 cents per share on +37% sales revenues versus a loss of 9 cents per share for the year ago period ended April 30th.
The high-ranked Computer Software - Database firm's prior quarterly comparisons showed strong earnings above the +25% minimum guideline (C criteria). It has earned an 86 earnings Per Share Rating, above the 80+ minimum guideline for buy candidates. Its annual earnings (A criteria) history has been strong since reaching profitability in FY '15.

It was last shown in this FSU section on 4/19/18 with an annotated graph under the headline, "Found Support Near 50-Day Average on Pullbacks". It reported earnings +76% on +37% sales revenues for the quarter ended January 31, 2018 versus the year ago period, and prior quarterly comparisons showed strong sales and earnings growth.

Bullish action came after SPLK was highlighted in yellow in the 2/15/18 mid-day report (read here). The current Up/Down Volume Ratio of 0.9 is an unbiased indication its shares have come under distributional pressure over the past 50 days. Its Timeliness Rating is A and Sponsorship Rating is B.The number of top-rated funds owning its shares rose from 748 in Jun '17 to 879 in Mar '18, a reassuring sign concerning the I criteria.
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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$14.95 +0.00
0.00%

$15.05

60,502
110.00% of 50 DAV
50 DAV is 55,000
$15.55
-3.86%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 5/29/2018 5:37:13 PM

Y - Slumped back into the prior base with a loss on light volume today raising concerns. Stalled after highlighted in yellow on 5/21/18 with pivot point cited based on prior highs plus 10 cents. Fundamentals are strong.


>>> FEATURED STOCK ARTICLE : Hit New High Today After Orderly Consolidation - 5/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PFBC - NASDAQ
Preferred Bank Los Angls
BANKING - Regional - Pacific Banks  
$63.70 -0.65
-1.01%

$64.73

51,740
63.10% of 50 DAV
50 DAV is 82,000
$67.65
-5.84%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 5/29/2018 5:31:14 PM
G - Sank below its 50 DMA line ($64.46) with higher volume behind today's loss and its color code is changed to green. Gains above the 50 DMA line are needed for its outlook to improve. Its Relative Strength rating has slumped below the 80+ minimum guideline to 71, yet it remains only -6.5% off its high. Despite concerns its color code was changed to yellow with new pivot point cited based on its 1/22/18 high plus 10 cents. Subsequent gains above the pivot point are needed to trigger a technical buy signal. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Some Technical Sputtering Yet Bank is Still Only -7% Off High - 5/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$312.13 -2.85
-0.90%

$316.67

501,703
85.91% of 50 DAV
50 DAV is 584,000
$327.91
-4.81%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 5/29/2018 5:28:18 PM
G - Gapped down today retreating from its all-time high. recently noted as very extended from any sound base after a big "breakaway gap" for a new high was noted on 4/27/18. Fundamentals are strong.
>>> FEATURED STOCK ARTICLE : Wedging Higher Following Big Breakaway Gap - 5/22/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UCFC - NASDAQ
United Community Finl Cp
BANKING - Savings and Loans  
$10.46 -0.04
-0.38%

$10.68

643,349
814.37% of 50 DAV
50 DAV is 79,000
$10.70
-2.24%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 5/31/2018 4:17:06 PM
Y - There was a "negative reversal" today after challenging its all-time high. Churned heavy volume but finished unchanged on the prior session after highlighted in yellow with pivot point cited based on its 4/19/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. Thinly-traded Bank holding company is hovering near its 52-week high, still building on an orderly base-on-base pattern. Reported Mar '18 quarterly earnings +70% on +21% sales revenues, continuing its strong earnings streak above the +25% minimum guideline (C criteria) of the fact-based investment system. Annual earnings history since FY '13 has been strong. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Small Savings & Loan Perched Near High - 5/30/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$123.18 -1.18
-0.95%

$125.43

145,164
50.58% of 50 DAV
50 DAV is 287,000
$131.75
-6.50%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 5/30/2018 3:31:23 PM
Y - Stalled after its recent breakout and it is quietly consolidating near the prior high ($125.88 on 3/13/18). Additional near-term support is defined by prior highs in the $119 area and its 50 DMA line ($117.92).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Challenged Prior High Following Earnings - 5/9/2018
 |  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
MA - NYSE
Mastercard Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services  
$190.12 -1.64
-0.86%

$192.44

4,561,414
118.36% of 50 DAV
50 DAV is 3,854,000
$194.72
-2.36%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 5/30/2018 3:58:20 PM
Y - Still stubbornly holding its ground near its "max buy" level and all-time high. Prior highs in the $183 area and its 50 DMA line (181.45) define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Gap Up and Volume Driven Gain for New High After Earnings - 5/2/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services  
$130.72 +0.08
0.06%

$131.58

10,610,667
140.58% of 50 DAV
50 DAV is 7,548,000
$132.50
-1.34%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 5/31/2018 4:06:13 PM
Y - Endured distributional pressure this week while still stubbornly holding its ground in a tight range near its all-time high. Prior highs in the $126 area and its 50 DMA line ($125) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain For New High Triggered Technical Buy Signal - 4/26/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
FINANCIAL SERVICES - Diversified Investments  
$706.70 +13.78
1.99%

$707.99

21,195
111.55% of 50 DAV
50 DAV is 19,000
$707.00
-0.04%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 5/30/2018 3:51:01 PM
G - Stubbornly holding its ground near its all-time high with volume totals cooling. Very extended from the prior highs in the $569-552 area and its 50 DMA line ($580) defining important support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched Near Prior High After Showing Resilience - 4/20/2018
 |  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  
$250.80 -1.30
-0.52%

$254.69

184,601
61.13% of 50 DAV
50 DAV is 302,000
$253.45
-1.05%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 5/31/2018 4:03:03 PM
G - Still stubbornly holding its ground in a very tight range with volume totals cooling while perched at its all-time high. Extended from prior highs in the $233 area which define initial support above its 50 DMA line ($220).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain For New High - 5/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CHDN - NASDAQ
Churchill Downs Inc
LEISURE - Gaming Activities  
$299.40 -5.30
-1.74%

$305.25

96,489
86.93% of 50 DAV
50 DAV is 111,000
$314.60
-4.83%
5/14/2018 $285.80 PP = $285.80
MB = $300.09
Most Recent Note - 5/31/2018 4:09:00 PM
Y - Color code is changed to yellow after quietly consolidating below its "max buy" level. Prior highs in the $285-279 area define initial support to watch above its 50 DMA line ($268).
>>> FEATURED STOCK ARTICLE : Breakout Followed New Supreme Court Ruling on Sports Betting - 5/14/2018
 |  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
HTHT - NASDAQ
China Lodging Group Ads
LEISURE - Lodging  
$44.01 -0.01
-0.02%

$45.10

14,523,780
698.59% of 50 DAV
50 DAV is 2,079,000
$44.46
-1.01%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 5/31/2018 12:46:52 PM
Y - Erased early gains after trading above its "max buy" level and touching a new all-time high today. Prior highs in the $40-41 area define initial support to watch on pullbacks. Do not be confused by the 4:1 split impacting share prices (Price Featured, Pivot Point and Max Buy were updated to account for the split).
>>> FEATURED STOCK ARTICLE : New Volume-Driven Breakout For All-Time High - 5/15/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NFLX - NASDAQ
Netflix Inc
SPECIALTY RETAIL - Music and Video Stores  
$351.60 -1.94
-0.55%

$355.53

6,802,723
69.68% of 50 DAV
50 DAV is 9,763,000
$356.10
-1.26%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 5/30/2018 4:19:32 PM
Y - Posted a small gain today on light volume for a best-ever close. Held its ground stubbornly after the 5/24/18 gain with +50% above average volume triggered a technical buy signal. Prior highs in the $338-333 area define initial support to watch above its 50 DMA line ($316).
>>> FEATURED STOCK ARTICLE : Rally From Advanced Ascending Base With Volume +50% - 5/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
DPZ - NYSE
Dominos Pizza Inc
WHOLESALE - Food Wholesale  
$251.48 -0.22
-0.09%

$252.56

571,727
95.61% of 50 DAV
50 DAV is 598,000
$255.00
-1.38%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 5/29/2018 5:32:45 PM
Y - Fell today with higher volume. Sputtered since a new pivot point was cited based on its 4/26/18 high plus 10 cents after an advanced "3-weeks tight" base. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($239) and prior highs in the $236 area define important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Earnings News Due From Pizza Firm - 4/23/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$70.71 -1.25
-1.74%

$72.01

1,142,278
77.02% of 50 DAV
50 DAV is 1,483,000
$78.28
-9.67%
3/9/2018 $68.58 PP = $73.65
MB = $77.33
Most Recent Note - 5/30/2018 3:33:42 PM
G - Volume totals have been below average in recent weeks while sputtering below its 50 DMA line ($72.48) and its color code is changed to green. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent damaging losses below the recent low ($69.37 on 5/02/18) may trigger a more worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Trading Near 50-Day Average After Falling Into Prior Base - 5/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$177.61 -0.86
-0.48%

$181.41

1,982,381
102.77% of 50 DAV
50 DAV is 1,929,000
$182.59
-2.72%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 5/30/2018 4:21:50 PM
Y - Posted a gain with near average volume today nearly challenging its all-time high. Volume totals were light in recent weeks while consolidating above its 50 DMA line ($169.50). Stalled soon after highlighted in yellow with pivot point cited based on its 3/14/18 high plus 10 cents in the 5/08/18 mid-day report. Members are again reminded to follow proper discipline and always watch for strength indicative of fresh institutional buying demand - "Subsequent gains backed by at least +40% above average volume while rising above the pivot point may trigger a technical buy signal."
>>> FEATURED STOCK ARTICLE : High-Ranked Software - Enterprise Firm is Near Pivot Point - 5/8/2018
 |  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
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$62.80 -0.80
-1.26%

$63.95

103,521
129.40% of 50 DAV
50 DAV is 80,000
$71.90
-12.66%
4/9/2018 $58.35 PP = $59.05
MB = $62.00
Most Recent Note - 5/30/2018 3:42:06 PM
Y - Posting a big gain today with near average volume. Found support recently when quietly consolidating near its 50 DMA line and prior highs in the $58-59 area. More damaging losses would raise greater concerns. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Hitting New High - 5/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$76.95 -1.15
-1.47%

$78.95

277,361
97.32% of 50 DAV
50 DAV is 285,000
$85.00
-9.47%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 5/29/2018 5:34:30 PM
Y - Color code is changed to yellow after rebounding above its 50 DMA line. Still faces resistance due to overhead supply up through the $85 level. Prior low ($68.20 on 5/02/18) defines the next important support above its 200 DMA line. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Rebounded Above 50-Day Average Yet Still Faces Overhead Supply - 5/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPLK - NASDAQ
Splunk Inc
Computer Sftwr-Database  
$110.81 -0.69
-0.62%

$112.71

2,102,747
120.23% of 50 DAV
50 DAV is 1,749,000
$119.00
-6.88%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 5/31/2018 5:50:38 PM
Y - Consolidating above its 50 DMA line ($106.45) after volume-driven losses tested the prior high in the $108 area. More damaging losses would raise greater concerns and trigger technical sell signals. Confirming gains above the stock's pivot point backed by a minimum of +40% above average would be a reassuring sign of fresh institutional buying demand and may clinch a proper technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Near High Following Latest Financial Report - 5/31/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SUPN - NASDAQ
Supernus Pharmaceuticals
Medical-Biomed/Biotech  
$56.35 -1.00
-1.74%

$57.99

704,089
96.32% of 50 DAV
50 DAV is 731,000
$59.05
-4.57%
4/24/2018 $47.73 PP = $50.15
MB = $52.66
Most Recent Note - 5/29/2018 5:29:20 PM
G - Hovering near its all-time high, still extended from the previously noted base. Prior highs in the $49-50 area define initial support to watch along with its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Pharmaceutical Firm Perched Near Record High - 4/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$105.47 +0.45
0.43%

$106.85

660,665
88.44% of 50 DAV
50 DAV is 747,000
$118.45
-10.96%
2/15/2018 $95.01 PP = $93.61
MB = $98.29
Most Recent Note - 5/30/2018 3:46:45 PM
G - Posting a 5th consecutive small gain today on light volume but still remains below its 50 DMA line. Halted its slide last week after undercutting prior lows in the $101 area. More damaging losses would raise greater concerns. A rebound above the 50 DMA line ($108.40) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Violation of 50-Day Average Triggered Technical Sell Signal - 5/3/2018
 |  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
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$107.21 -0.33
-0.31%

$111.46

2,051,645
143.27% of 50 DAV
50 DAV is 1,432,000
$112.41
-4.63%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 5/30/2018 3:40:06 PM
Y - Color code is changed to yellow with new pivot point cited based on its 4/23/18 high. It formed a double bottom base, however subsequent gains and a close above the pivot point backed by at least +40% above average volume is needed to trigger a convincing technical buy signal. Posting a solid gain today on near average volume and little resistance remains due to overhead supply up to the $112 level. Found support near its 50 DMA line ($101.29). Recently reported earnings +79% on +49% sales revenues for the Mar '18 quarter.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50 Day Average With Earnings News Due - 4/30/2018
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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$74.31 -3.69
-4.73%

$77.20

932,401
161.88% of 50 DAV
50 DAV is 576,000
$78.10
-4.85%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 5/31/2018 4:01:27 PM
G - Pulled back today with higher volume after wedging into new all-time high territory, getting very extended above the "max buy" level. Prior high ($68.75 on 3/22/18) and its 50 DMA line ($67.68) define near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Building a Short New Base - 4/25/2018
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LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$29.55 -0.50
-1.66%

$30.45

87,989
81.47% of 50 DAV
50 DAV is 108,000
$30.05
-1.66%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 5/30/2018 3:56:54 PM
Y - Matched its all-time high with today's gain on near average volume, poised for its best-ever close. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. Prior lows in the $26-27 area define important near term support. Recently reported earnings +63% on +42% for the Mar '18 quarter.
>>> FEATURED STOCK ARTICLE : Bank Perched Near High After Orderly Base - 5/23/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$82.07 +0.47
0.58%

$82.83

8,092,765
96.00% of 50 DAV
50 DAV is 8,430,000
$86.32
-4.92%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 5/31/2018 4:14:27 PM
Y - Recent gains lacked great volume conviction as it wedged above the pivot point cited based on its 4/18/18 high. Confirming gains backed by at least +40% above average volume would be a reassuring sign of fresh institutional buying demand. The 50 DMA line ($77.47) defines near-term support above its 200 DMA line and prior lows in the $71-72 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Slumping Near Important Near-Term Support - 4/27/2018
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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$70.70 -0.45
-0.63%

$71.25

398,383
59.02% of 50 DAV
50 DAV is 675,000
$71.70
-1.39%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 5/30/2018 3:44:39 PM
G - Quietly inching to yet another new all-time high with today's 15th gain in the span of 16 sessions. Very extended from any sound base and the prior high in the $64 area defines initial support along with its 50 DMA line ($63.39).
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After 8 Consecutive Gains - 5/17/2018
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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
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$64.85 +1.20
1.89%

$65.10

356,544
162.81% of 50 DAV
50 DAV is 219,000
$66.25
-2.11%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 5/31/2018 4:11:11 PM
G - Color code is changed to green after rising above its "max buy" level with today's 4th consecutive gain on ever-increasing volume. Found support near prior highs in the $58 area and stayed above its 50 DMA line ($58.61) during the recent consolidation.
>>> FEATURED STOCK ARTICLE : Quietly Hovering Near All-Time High - 5/25/2018
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BZUN - NASDAQ
Baozun Inc Cl A Ads
Computer Sftwr-Enterprse  
$61.31 +1.45
2.42%

$62.06

2,440,617
90.66% of 50 DAV
50 DAV is 2,692,000
$60.00
2.18%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 5/30/2018 4:05:18 PM
G - Hit yet another new all-time high with today's gain backed by lighter than average volume, getting more extended from the prior base. Prior highs in the $51-53 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Earnings News Due; Formed a Base-on-Base Pattern - 5/16/2018
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SEDG - NASDAQ
Solaredge Technologies
Energy-Solar  
$55.85 -2.80
-4.77%

$60.25

1,486,304
150.89% of 50 DAV
50 DAV is 985,000
$70.74
-21.05%
5/9/2018 $55.33 PP = $59.30
MB = $62.27
Most Recent Note - 5/31/2018 3:59:09 PM
G - Color code is changed to green while slumping below its 50 DMA line ($57.10) today raising concerns More damaging losses below the prior low ($54.60 on 5/24/18) would trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Quickly Rallied Following Strong Earnings News - 5/10/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$26.54 -0.31
-1.15%

$27.18

418,589
93.85% of 50 DAV
50 DAV is 446,000
$32.03
-17.13%
3/6/2018 $28.00 PP = $28.37
MB = $29.79
Most Recent Note - 5/30/2018 3:48:15 PM
G - Met resistance in recent weeks, and a convincing rebound above the 50 DMA line ($27.27) is still needed for its outlook to improve. The prior low ($23.77 on 4/04/18) defines the next important support to watch. Completed a new Public Offering and Secondary Offering on 4/05/18.
>>> FEATURED STOCK ARTICLE : Earnings News Continues to be Strong - 5/1/2018
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