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AFTER MARKET UPDATE - MONDAY, JUNE 4TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +178.48 24,813.69 +0.72% Volume 873,137,580 +2% Volume 2,134,533,159 -3%
NASDAQ +52.13 7,606.46 +0.69% Advancers 1,929 65% Advancers 1,663 57%
S&P 500 +12.25 2,746.87 +0.45% Decliners 1,023 35% Decliners 1,253 43%
Russell 2000 +5.39 1,653.37 +0.33% 52 Wk Highs 166   52 Wk Highs 250  
S&P 600 +9.51 1,025.08 +0.94% 52 Wk Lows 32   52 Wk Lows 39  

Leadership Expanded as Major Indices Rose

Stocks advanced on Monday. The Dow rallied 178 points to 24813, while the S&P 500 added 12 points to 2746. The Nasdaq Composite was up 52 points to finish at a record close of 7606. Volume totals reported were mixed, higher than the prior session total on the NYSE and lighter on the Nasdaq exchange. Breadth was positive as advancers led decliners by nearly a 2-1 margin on the NYSE and 4-3 on the Nasdaq exchangeLeadership improved as new 52-week highs totals swelled and solidly outnumbered new 52-week lows totals on the Nasdaq exchange and the NYSE.  There were 116 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 83 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 Dow Jones Industrial Average ended -6.8% off its record high. 

The perceived “risk-on” mood that took hold in the global markets following Friday’s impressive U.S. jobs report carried over into Monday’s session. Investors were also buoyed by international gains amid fading political uncertainty in Italy and Spain. The advance came despite a flurry of headlines concerning rising trade tensions between the Unites States and its global partners.

Seven of 11 sectors in the S&P 500 finished higher with consumer stocks pacing the gains. Big box retailers led the way with Target (TGT +4.88%) and Walmart (WMT +2.93%) both on the rise. Tech shares were higher with Microsoft (MSFT +0.87%) up to a record close after announcing the acquisition of software platform GitHub for $7.5 billion in stock. Amazon (AMZN +1.45%) also finished in record territory, as did Apple (AAPL +0.84%), which advanced as its Worldwide Developers Conference began in California. Energy shares lagged as WTI crude slipped 1.4% to $64.90/barrel.

Treasuries were weaker with the yield on the benchmark 10-year note rising four basis points to 2.94%. On the data front, a report showed factory orders slipped 0.8% in April versus consensus expectations of a 0.5% drop.

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.


Retail, Financial, Semiconductor, and Networking Indexes Rose

On Monday the Retail Index ($RLX +1.59%) set a strong pace while the Bank Index ($BKX +0.42%) and Broker/Dealer Index ($XBD +0.32%) each posted a modest gain and also helped lift the major indicesThe tech sector was mixed as the Biotech Index ($BTK -0.96%) pulled back while the Semiconductor Index ($SOX +0.81%) and Networking Index ($NWX +0.79%) each posted modest gains. Commodity-linked groups had a negative bias as the Integrated Oil Index ($XOI -0.51%), Oil Services Index ($OSX -0.79%) and the Gold & Silver Index ($XAU -1.04%) fell.

Charts courtesy of www.stockcharts.com

PICTURED: The Biotech Index ($BTK -0.96%) is consolidating near prior highs. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  154.07 -1.23 -0.79% +3.02%
Integrated Oil $XOI  1,535.01 -7.93 -0.51% +14.93%
Semiconductor $SOX  1,422.67 +11.36 +0.80% +13.54%
Networking $NWX  538.84 +4.25 +0.79% +9.85%
Broker/Dealer $XBD  291.21 +0.93 +0.32% +9.79%
Retail $RLX  2,155.22 +33.66 +1.59% +24.31%
Gold & Silver $XAU  82.18 -0.86 -1.04% -3.62%
Bank $BKX  107.94 +0.45 +0.42% +1.15%
Biotech $BTK  4,775.70 -46.09 -0.96% +13.11%


Negative Reversal on Higher Volume After Hitting New All-Time High

Texas Pacific Land Trust (TPL -$11.28 or -1.58% to 704.76) spiked to a new all-time high today but ended the session lower on higher volume after a "negative reversal". It is well above its 50-day moving average (DMA) line ($592) defining important support to watch above prior highs in the $569-552 area.

TPL tallied gains of greater than +20% in the first 2-3 weeks after its latest technical breakout. When such substantial gains are quickly produced, the fact-based investment system's rules suggest holding for a minimum of 8 weeks. It has shown bullish action since last shown in this FSU section on 4/20/18 with an annotated graph under the headline, "Perched Near Prior High After Showing Resilience". 

The thinly-traded Texas Real Estate Development firm has only 7.8 million shares outstanding (S criteria). It reported earnings +130% on +97% sales revenues for the Mar '18 quarter, marking its 6th very strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong.

The number of top-rated funds owning its shares rose from 37 in Dec '16 to 57 in Mar '18, a reassuring sign concerning the I criteria. The current Up/Down Volume ratio of 2.3 is an unbiased indication of institutional accumulation over the past 50 days. It has earned a Timeliness rating of A and a Sponsorship Rating of B.

Charts courtesy 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  
$15.20 +0.00
0.00%

$15.30

40,248
74.53% of 50 DAV
50 DAV is 54,000
$15.55
-2.25%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/4/2018 5:29:51 PM

Y - Hovering near its high but it 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  
$66.09 +1.92
2.99%

$66.30

64,369
77.27% of 50 DAV
50 DAV is 83,300
$67.65
-2.31%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 6/4/2018 5:21:05 PM
Y - Posted a big gain today on lighter volume while rallying above its 50 DMA line ($64.36). Its Relative Strength rating is still below the 80+ minimum guideline at 69, yet it ended only -2.3% off its high and its color code was changed to yellow. Subsequent gains above the pivot point are needed to trigger a technical buy signal.
>>> 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  
$319.52 +1.79
0.56%

$319.99

442,753
75.56% of 50 DAV
50 DAV is 586,000
$327.91
-2.56%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 6/4/2018 5:24:46 PM
G - Perched near its all-time high. still very extended from any sound base. Disciplined investors avoid chasing extended stocks. 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  
$10.70 +0.13
1.23%

$10.84

304,771
324.57% of 50 DAV
50 DAV is 93,900
$10.70
0.00%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/4/2018 12:46:58 PM
Y - Gapped up today and touched new highs but erased much of its early gain. There was a "negative reversal" on 5/31/18 after challenging its all-time high. Encountered distributional pressure 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.
>>> 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  
$125.86 +1.86
1.50%

$126.46

241,619
85.99% of 50 DAV
50 DAV is 281,000
$131.75
-4.47%
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  
$197.73 +2.36
1.21%

$198.11

3,728,598
95.38% of 50 DAV
50 DAV is 3,909,000
$195.37
1.21%
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  
$133.07 +2.22
1.70%

$133.57

7,146,544
93.61% of 50 DAV
50 DAV is 7,634,000
$132.51
0.42%
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  
$704.76 -11.28
-1.58%

$739.89

30,716
161.66% of 50 DAV
50 DAV is 19,000
$716.78
-1.68%
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 : Negative Reversal on Higher Volume After Hitting New All-Time High - 6/4/2018
 |  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  
$259.75 +2.15
0.83%

$260.25

164,983
54.45% of 50 DAV
50 DAV is 303,000
$261.45
-0.65%
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  
$297.20 +0.95
0.32%

$298.30

139,213
124.30% of 50 DAV
50 DAV is 112,000
$314.60
-5.53%
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  
$46.28 +0.92
2.03%

$46.98

2,623,878
112.71% of 50 DAV
50 DAV is 2,328,000
$45.69
1.29%
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  
$361.81 +1.88
0.52%

$363.00

7,617,332
77.58% of 50 DAV
50 DAV is 9,819,000
$359.99
0.51%
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  
$255.39 +2.54
1.00%

$256.00

488,050
81.48% of 50 DAV
50 DAV is 599,000
$257.43
-0.79%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/4/2018 5:28:23 PM
Y - Wedged higher and managed a best ever close again today with lighter volume. 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 ($241) 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  
$77.24 +5.85
8.19%

$77.35

2,372,677
164.88% of 50 DAV
50 DAV is 1,439,000
$78.28
-1.33%
6/4/2018 $75.96 PP = $78.38
MB = $82.30
Most Recent Note - 6/4/2018 12:15:27 PM
Y - Gapped up today rebounding above its 50 DMA line ($72.72) and challenging its prior high. Color code is changed to yellow with new pivot point cited based on its 4/18/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Due to report earnings news after the close on Wednesday. Volume and volatility often increase near earnings news. Losses below the recent low ($69.37 on 5/02/18) would trigger a 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  
$183.50 +1.99
1.10%

$184.47

1,494,142
78.76% of 50 DAV
50 DAV is 1,897,000
$182.59
0.50%
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  
$64.35 +0.60
0.94%

$64.65

84,475
103.02% of 50 DAV
50 DAV is 82,000
$71.90
-10.50%
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  
$79.85 +1.75
2.24%

$79.90

365,691
129.68% of 50 DAV
50 DAV is 282,000
$85.00
-6.06%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 6/4/2018 5:23:07 PM
Y - Rose further above its 50 DMA line with today's gain on higher volume. Little resistance remains 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.
>>> 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  
$115.80 +1.85
1.62%

$115.85

1,205,511
69.72% of 50 DAV
50 DAV is 1,729,000
$119.00
-2.69%
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  
$58.05 +0.35
0.61%

$58.94

800,664
108.49% of 50 DAV
50 DAV is 738,000
$59.05
-1.69%
4/24/2018 $47.73 PP = $50.15
MB = $52.66
Most Recent Note - 6/4/2018 5:26:20 PM
G - Still hovering in a tight range near its all-time high, extended from the previously noted base. Prior highs in the $49-50 area define support to watch along with its 50 DMA line ($49.58).
>>> 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  
$107.92 +2.35
2.23%

$108.38

771,383
102.44% of 50 DAV
50 DAV is 753,000
$118.45
-8.89%
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  
$107.93 +0.16
0.15%

$108.95

942,323
65.71% of 50 DAV
50 DAV is 1,434,000
$112.41
-3.99%
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
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$76.36 +0.27
0.35%

$77.45

1,036,405
196.29% of 50 DAV
50 DAV is 528,000
$78.10
-2.23%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 6/1/2018 5:36:02 PM
G - Posted a volume-driven gain today and it finished near its all-time high, very extended above the "max buy" level. Prior high ($68.75 on 3/22/18) and its 50 DMA line ($67.90) define near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Building a Short New Base - 4/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$30.25 +0.20
0.67%

$30.25

66,701
64.14% of 50 DAV
50 DAV is 104,000
$30.45
-0.66%
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  
$84.57 +1.32
1.59%

$84.80

6,995,081
82.74% of 50 DAV
50 DAV is 8,454,000
$86.32
-2.03%
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  
$74.00 +3.45
4.89%

$74.05

997,164
146.00% of 50 DAV
50 DAV is 683,000
$71.70
3.21%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 6/4/2018 5:31:05 PM
G - Hit yet another new all-time high with today's big volume-driven gain. Very extended from any sound base and the prior high in the $64 area defines initial support along with its 50 DMA line ($64.13).
>>> 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
MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$50.30 +0.70
1.41%

$50.82

6,535,250
150.17% of 50 DAV
50 DAV is 4,352,000
$49.91
0.78%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/4/2018 12:25:13 PM
Y - Perched at its all-time high. Prior highs in the $45-46 area define initial support to watch on pullbacks. Finished strong after highlighted in yellow in the 6/01/18 mid-day report (read here) with pivot point cited based on its 8/08/17 high plus 10 cents after a 9-month base. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain for New All-Time High - 6/1/2018
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NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$66.45 +0.85
1.30%

$66.90

228,331
100.15% of 50 DAV
50 DAV is 228,000
$66.55
-0.15%
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  
$62.49 +0.72
1.17%

$63.63

1,677,921
62.75% of 50 DAV
50 DAV is 2,674,000
$63.19
-1.10%
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  
$56.00 +1.30
2.38%

$56.30

1,710,273
165.56% of 50 DAV
50 DAV is 1,033,000
$70.74
-20.84%
5/9/2018 $55.33 PP = $59.30
MB = $62.27
Most Recent Note - 6/1/2018 5:34:52 PM
G - Slumped further below its 50 DMA line ($57.08) with today's 3rd consecutive volume-driven loss triggering a technical sell signal and raising concerns as it dipped intra-day below the prior low ($54.60 on 5/24/18). Only a prompt rebound above the 50 DMA line would help its outlook improve. More damaging losses would raise greater concerns.
>>> FEATURED STOCK ARTICLE : Quickly Rallied Following Strong Earnings News - 5/10/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$27.34 +0.37
1.37%

$27.59

857,533
188.06% of 50 DAV
50 DAV is 456,000
$32.03
-14.63%
3/6/2018 $28.00 PP = $28.37
MB = $29.79
Most Recent Note - 6/4/2018 12:36:15 PM
G - Today's gain above the 50 DMA line ($27.06) helps its outlook improve, however, it still faces resistance due to overhead supply up to the $32 level. 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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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

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