Stocks finished higher on Monday. The Dow was up 113 points to 17920. The S&P 500 gained 10 points to 2109 and the Nasdaq Composite added 26 points to 4968. The volume totals were reported lighter on the NYSE and on the Nasdaq exchange versus the prior session. Breadth was positive as advancers led decliners by more than 2-1 on the NYSE and on the Nasdaq exchange. Leadership expanded as there were 71 high-ranked companies from the Leaders List made new 52-week highs and were listed on the BreakOuts Page, more than doubling the total of 35 on the prior session. New 52-highs solidly outnumbered new 52-week lows on both the NYSE and Nasdaq exchanges.

Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average is consolidating above its 50-day moving average (DMA) line. It is -2.3% off its May 19, 2015 all-time high (not shown).

The market's confirmed uptrend (M criteria) continues. The S&P 500 Index and Nasdaq Composite Index have both rebounded near their April highs and well above the 50-day moving average (DMA) lines. The Dow Jones Industrial Average has recently found support near its 50 DMA line, but it has been lagging behind its peers.  Leadership recently improved as more stocks hit new highs and additional stocks were listed on the Featured Stocks Page.

The S&P 500 climbed to a 2016 high as investors digested comments from Fed Chair Janet Yellen. During an event in Philadelphia, Yellen provided mostly positive insight on the U.S. economy despite last week’s disappointing jobs report. The Fed chair remained non-committal, however, concerning the timing of a potential interest rate increase. Futures are currently pricing in only a 2% probability of a rate hike in June, with odds climbing to 62% by the end of the year.

Eight of 10 sectors in the S&P 500 finished the session in positive territory. Energy and Materials paced the gains while Utilities lagged. Whole Foods (WFM +2.47%) rose after being the subject of positive analyst commentary. Tribune Publishing (TPUB +17.74%) rose on news Gannett (GCI +0.92%) has resumed discussions to acquire the company. Casey’s General Store (CASY -0.98%) ahead of its scheduled release after the closing bell.

Treasuries declined with the benchmark 10-year note down 9/32 to yield 1.73%. In commodities, NYMEX WTI crude advanced 2.3% to $49.72/barrel, amid reports the global oil surplus is shrinking faster than expected. COMEX gold added 0.4% to $1244.60/ounce. In FOREX, the dollar jumped against the British pound after a poll suggested the ‘Leave’ campaign is gaining momentum.

The Bank Index ($BKX +1.29%) and the Broker/Dealer Index ($XBD +1.60%) gave a boost to the major averages on Monday. The tech sector was led by the Biotechnology Index ($BTK +2.27%) while the Networking Index ($NWX +0.36%) edged higher and the Semiconductor Index ($SOX -0.27%) edged lower. The Retail Index ($RLX -0.26%) also ended slightly lower.  The Oil Services Index ($OSX +7.80%) was a standout gainer while the Integrated Oil Index ($XOI +1.59%) posted a smaller gain. The Gold & Silver Index ($XAU +0.95%) also rose.

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
TDG - NYSE Transdigm Group Inc AEROSPACE/DEFENSE - Aerospace/Defense Products and; Services	$265.30	+0.92 0.35%	$266.36	622,639 76.40% of 50 DAV 50 DAV is 815,000	$267.39 -0.78%	5/11/2016	$248.33	PP = $245.00
								MB = $257.25
Most Recent Note - 6/2/2016 12:39:56 PM G - Perched at all-time highs following volume-driven gains and a rally well above its "max buy" level. Disciplined investors avoid chasing extended stocks. Bullish action has continued since highlighted in yellow in the 5/11/16 mid-day report (read here). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Getting Extended From Prior Base After More Volume-Driven Gains - 6/1/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
CSFL - NASDAQ Centerstate Banks Inc Banks-Southeast	$15.87	+0.11 0.70%	$16.00	83,108 53.38% of 50 DAV 50 DAV is 155,700	$16.59 -4.34%	5/27/2016	$15.80	PP = $16.69
								MB = $17.52
Most Recent Note - 6/3/2016 5:00:40 PM Y - Ended near the session high for a tiny loss after intra-day lows undercutting its 50 DMA line ($15.54). Prior noted cautioned - "Subsequent volume-driven gains for new highs are needed to trigger a proper technical buy signal before action may be justified under the fact-based investment system." >>> FEATURED STOCK ARTICLE : Forming Ideal Base and Fundamentals Are Favorable - 5/27/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
IESC - NASDAQ I E S Holdings Inc Bldg-Maintenance and Svc	$15.07	-0.01 -0.07%	$15.47	95,175 153.51% of 50 DAV 50 DAV is 62,000	$15.64 -3.64%	6/6/2016	$15.19	PP = $15.74
								MB = $16.53
Most Recent Note - 6/6/2016 6:00:01 PM Y - Highlighted in yellow with pivot point based on its 4/20/16 high plus 10 cents in the the earlier mid-day report. Finished unchanged today after challenging its 52-week high. Volume-driven gains above the pivot point are needed to trigger a technical buy signal. Reported earnings +88% on +20% sales revenues for the Mar '16 quarter, marking its 3rd consecutive quarterly earnings increase above the +25% minimum earnings guideline and helping it better match the fact-based investment system's guidelines. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of New Highs - 6/6/2016  |  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	$20.72	+0.17 0.83%	$20.76	1,226,285 91.11% of 50 DAV 50 DAV is 1,346,000	$20.94 -1.05%	5/16/2016	$19.24	PP = $19.20
								MB = $20.16
Most Recent Note - 6/2/2016 5:29:16 PM G - Disciplined investors avoid chasing extended stocks too far above prior highs. Prior highs near $19 define initial support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Extended From Latest Base After Recently Wedging Higher - 6/2/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
PATK - NASDAQ Patrick Industries Inc WHOLESALE - Building Materials Wholesale	$53.25	-0.41 -0.76%	$54.15	193,375 140.13% of 50 DAV 50 DAV is 138,000	$54.09 -1.55%	5/24/2016	$53.45	PP = $50.68
								MB = $53.21
Most Recent Note - 6/6/2016 12:59:31 PM G - Inching further into new 52-week high today with today's gain backed by higher volume. Disciplined investors avoid chasing extended stocks. Prior highs define near term support in the $50 area, above its 50 DMA line ($48.35). >>> FEATURED STOCK ARTICLE : Solid Volume-Driven Gain Into New High Territory - 5/24/2016  |  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	$28.39	-0.01 -0.04%	$29.01	74,317 68.81% of 50 DAV 50 DAV is 108,000	$30.21 -6.02%	4/19/2016	$28.20	PP = $28.10
								MB = $29.51
Most Recent Note - 6/2/2016 12:30:41 PM Y - Color code was changed to yellow after retreating below its "max buy" level. Hit a new 52-week high with a volume-driven gain on the prior session following M&A news. Support is defined by its 50 DMA line ($26.65) and a multi-month upward trendline. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Consolidating Near Highs After Completing New Public Offering - 5/31/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I