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AFTER MARKET UPDATE - WEDNESDAY, JUNE 6TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +346.41 25,146.39 +1.40% Volume 957,682,050 +9% Volume 2,184,082,980 +7%
NASDAQ +51.38 7,689.24 +0.67% Advancers 1,905 64% Advancers 1,816 61%
S&P 500 +23.55 2,772.35 +0.86% Decliners 1,055 36% Decliners 1,178 39%
Russell 2000 +11.32 1,675.95 +0.68% 52 Wk Highs 190   52 Wk Highs 336  
S&P 600 +5.89 1,039.13 +0.57% 52 Wk Lows 51   52 Wk Lows 26  

Nasdaq Composite Index Rises for New All-Time High

Stocks finished higher Wednesday. The Dow climbed 346 points to 25146, while the S&P 500 added 23 points to 2772. The Nasdaq Composite gained 51 points to 7689.  Volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange, indicative of greater institutional buying demand. Breadth was positive as advancers led decliners by almost a 2-1 margin on the NYSE and by a 3-2 margin on the Nasdaq exchangeLeadership remained strong as new 52-week highs totals swelled and solidly outnumbered new 52-week lows totals on the Nasdaq exchange and the NYSE.  There were 148 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 119 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 Nasdaq Composite Index hit another record high, rising above its March 13th high. 

The major averages advanced as higher global yields boosted U.S. Financials. In central bank news, the European Central Banks chief economist stated the ECB will discuss plans on how to unwind its quantitative easing program at its policy meeting next week. On the data front, mortgage applications rebounded 4.1% in the most recent period. A separate report showed the U.S. trade deficit narrowed to $46.2 billion in April.

Nine of 11 S&P 500 sectors were up on the session. Financials paced gains in conjunction with rising treasury yields. Industrials and Materials also outperformed as Boeing (BA +3.18%) and DowDuPont (DWDP +3.17%) both rose. Consumer Staples underperformed as Brown-Forman (BFA -5.78%) after a disappointing quarterly release for the spirit maker. In corporate news, Tesla (TSLA +9.74%) surged after CEO Elon Musk stated he expects to build 5,000 Model 3’s a week by the end of June. In M&A news, Devon Energy (DVN 5.57%) rose after announcing the sale of its stake in EnLink Midstream (ENLC -3.93%) for $3.1 billion.

Treasuries were weaker with the yield on the benchmark 10-year note up five basis points to 2.97%. In commodities, WTI crude slipped 0.9% to $64.92/barrel. COMEX gold fell 0.2% to $1300.30/ounce despite a weaker dollar.

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, Tech, Retail, and Commodity-Linked Groups Rose

On Wednesday the Bank Index ($BKX +2.07%) and Broker/Dealer Index ($XBD +1.75%) each ended solidly higher while the Retail Index ($RLX +0.30%) posted a smaller gainThe Biotech Index ($BTK +1.60%) outpaced the Semiconductor Index ($SOX +0.66%) and the Networking Index ($NWX +0.77%). The Oil Services Index ($OSX +0.75%) and the Gold & Silver Index ($XAU +0.40%) both posted gains while the Integrated Oil Index ($XOI +0.08%) finished flat.

Charts courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX +0.62%) has rebounded above its 50-day moving average (DMA) line toward prior highs. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  156.24 +1.16 +0.75% +4.47%
Integrated Oil $XOI  1,527.59 +1.21 +0.08% +14.38%
Semiconductor $SOX  1,437.94 +9.43 +0.66% +14.76%
Networking $NWX  546.38 +4.18 +0.77% +11.38%
Broker/Dealer $XBD  295.03 +5.06 +1.75% +11.23%
Retail $RLX  2,190.84 +6.59 +0.30% +26.36%
Gold & Silver $XAU  83.38 +0.33 +0.40% -2.22%
Bank $BKX  109.65 +2.22 +2.07% +2.76%
Biotech $BTK  4,846.39 +76.31 +1.60% +14.78%


Extended From Prior Base After Spiking Higher

Supernus Pharmaceuticals (SUPN -$0.45 or -0.82% to $54.70) has been holding its ground 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-day moving average (DMA) line ($49.99).

The Rockville, MD based company was highlighted in yellow with pivot point cited based on its 9/18/17 high plus 10 cents in the 4/24/18 mid-day report (read here). It was last shown in this FSU section on 4/24/18 with an annotated graph under the headline, "Pharmaceutical Firm Perched Near Record High". It found support near its 50 DMA line during the consolidation afterward, and subsequent volume-driven gains for new highs (N criteria) above the pivot point triggered a technical buy signal

Sales revenues increases were in the +30-47% range while three of the past 5 quarterly earnings comparisons through Mar '18 were above the +25% minimum guideline (C criteria). Showed strong annual earnings (A criteria) growth since FY '15 after years of losses. The Medical - Biomed/Biotech industry group currently has an 87 Group Relative Strength Rating which indicates there has been additional leadership (L criteria) in the group.

The number of top-rated funds owning its shares rose from 412 in Jun '17 to 457 in Mar '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume ratio of 1.6 is an unbiased indication its shares have been under accumulation over the past 50 days. Its small supply of only 51.8 million shares outstanding (S criteria) can contribute to greater volatility in the event of institutional buying or selling.
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  
$15.15 +0.10
0.66%

$15.35

148,442
274.89% of 50 DAV
50 DAV is 54,000
$15.55
-2.57%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/6/2018 12:53:23 PM

Y - Encountered distributional pressure on the prior session yet it remains hovering near its high. Stalled after highlighted in yellow on 5/21/18 with pivot point cited based on prior highs plus 10 cents. Fundamentals remain 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  
$66.93 +1.03
1.56%

$66.99

51,533
62.85% of 50 DAV
50 DAV is 82,000
$67.65
-1.06%
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  
$323.59 +4.89
1.53%

$325.72

451,402
79.05% of 50 DAV
50 DAV is 571,000
$327.91
-1.32%
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  
$10.81 +0.16
1.50%

$10.83

439,533
424.26% of 50 DAV
50 DAV is 103,600
$10.84
-0.28%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/6/2018 1:01:49 PM
Y - Encountering distributional pressure after highlighted in yellow with pivot point cited based on its 4/19/18 high plus 10 cents. Gains backed by at least +40% above average volume and a close 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  
$127.38 +0.33
0.26%

$127.98

238,502
84.88% of 50 DAV
50 DAV is 281,000
$131.75
-3.32%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 6/5/2018 12:32:55 PM
Y - Stalled after its recent breakout. Consolidating above near-term support defined by prior highs and its 50 DMA line ($118.53).
>>> 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
Finance-CrdtCard/PmtPr  
$203.21 +3.85
1.93%

$203.29

3,222,210
83.35% of 50 DAV
50 DAV is 3,866,000
$199.71
1.75%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/5/2018 5:30:50 PM
G - Color code is changed to green after rallying above its "max buy" level and hitting another new all-time high. Prior highs in the $183 area and its 50 DMA line (182.89) 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
Finance-CrdtCard/PmtPr  
$136.28 +2.72
2.04%

$136.31

8,035,371
107.27% of 50 DAV
50 DAV is 7,491,000
$133.62
1.99%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 6/6/2018 3:17:29 PM
G - Hitting new all-time highs above its "max buy" level with today's 6th consecutive gain and its color code is changed to green. Prior highs in the $126 area and its 50 DMA line ($126) 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
Real Estate Dvlpmt/Ops  
$684.79 -6.52
-0.94%

$692.61

31,175
155.88% of 50 DAV
50 DAV is 20,000
$739.89
-7.45%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 6/5/2018 5:35:50 PM
G - Ended lower today following a "negative reversal" on the prior session after hitting a new all-time high. Very extended from its 50 DMA line ($596) defining important support to watch above the prior highs in the $569-552 area. See the latest FSU analysis for more details and an annotated graph.
>>> 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
Retail-Internet  
$260.85 +1.55
0.60%

$263.15

178,597
59.14% of 50 DAV
50 DAV is 302,000
$263.40
-0.97%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/6/2018 3:09:35 PM
G - Wedging to new all-time highs with recent gains lacking great volume conviction. Extended from prior highs in the $233 area which define initial support above its 50 DMA line ($230).
>>> 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  
$305.15 +2.05
0.68%

$305.25

73,983
65.47% of 50 DAV
50 DAV is 113,000
$314.60
-3.00%
5/14/2018 $285.80 PP = $285.80
MB = $300.09
Most Recent Note - 6/6/2018 3:13:49 PM
G - Color code is changed to green after rising back above its "max buy" level. Prior highs in the $285-279 area define initial support to watch above its 50 DMA line ($272).
>>> 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  
$49.30 +1.37
2.86%

$49.43

1,659,917
71.27% of 50 DAV
50 DAV is 2,329,000
$48.00
2.71%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 6/6/2018 6:19:03 PM
G - Hit another new all-time high with today's 4th consecutive gain on average or below average volume. 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  
$367.45 +1.65
0.45%

$369.68

7,668,639
78.35% of 50 DAV
50 DAV is 9,788,000
$369.83
-0.64%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/5/2018 5:32:28 PM
G - Color code is changed to green after a 3rd consecutive 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 ($320).
>>> 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
Retail-Restaurants  
$269.63 +7.00
2.67%

$269.82

817,856
138.39% of 50 DAV
50 DAV is 591,000
$263.25
2.42%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/6/2018 6:20:42 PM
G - Color code is changed to green after rising above its "max buy" level with today's 4th consecutive gain. Its 50 DMA line ($243) and prior highs in the $236 area define important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : New High With Gain Backed by Above Average Volume - 6/5/2018
 |  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  
$81.28 +2.42
3.07%

$81.77

3,186,250
229.39% of 50 DAV
50 DAV is 1,389,000
$79.89
1.74%
6/4/2018 $75.96 PP = $78.38
MB = $82.30
Most Recent Note - 6/6/2018 6:18:01 PM
Y - Reported earnings +133% on +27% sales revenues for the Apr '18 quarter after the close. Volume and volatility often increase near earnings news. Hit another new all-time high with today's 3rd consecutive volume-driven gain. Gains above the pivot point this week triggered a new (or add-on) technical buy signal. Losses below the 50 DMA line and violating 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  
$186.42 +0.33
0.18%

$187.39

1,410,064
74.80% of 50 DAV
50 DAV is 1,885,000
$186.95
-0.28%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 6/5/2018 5:24:56 PM
G - Posted a 3rd consecutive gain with below average volume, hitting new all-time high above its "max buy" level, and its color code is changed to green. Volume totals were light in recent weeks while consolidating above its 50 DMA line ($170.49).
>>> 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  
$65.35 +0.40
0.62%

$65.60

89,850
109.57% of 50 DAV
50 DAV is 82,000
$71.90
-9.11%
4/9/2018 $58.35 PP = $59.05
MB = $62.00
Most Recent Note - 6/5/2018 2:01:46 PM
G - Color code is changed to green after rising above its "max buy" level. Found support at its 50 DMA line and prior highs in the $58-59 area.
>>> 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  
$80.65 -0.20
-0.25%

$81.45

362,901
127.78% of 50 DAV
50 DAV is 284,000
$85.00
-5.12%
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  
$117.81 +1.28
1.10%

$117.92

1,224,217
71.26% of 50 DAV
50 DAV is 1,718,000
$119.00
-1.00%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 6/6/2018 3:11:06 PM
Y - Quietly perched near its all-time high. Found support above its 50 DMA line ($107.28) 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  
$54.70 -0.45
-0.82%

$56.20

629,518
83.94% of 50 DAV
50 DAV is 750,000
$59.05
-7.37%
4/24/2018 $47.73 PP = $50.15
MB = $52.66
Most Recent Note - 6/6/2018 6:14:43 PM
G - Consolidating 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 ($49.99). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After Spiking Higher - 6/6/2018
 |  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  
$109.44 -0.42
-0.38%

$110.24

549,443
73.95% of 50 DAV
50 DAV is 743,000
$118.45
-7.61%
2/15/2018 $95.01 PP = $93.61
MB = $98.29
Most Recent Note - 6/5/2018 5:27:41 PM
G - Rebounded above the 50 DMA line ($108.14) helping its outlook to improve. Faces some resistance due to overhead supply up to the $118 level. Found prompt support near prior lows in the $101 area.
>>> 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
INTERNET - Content  
$107.78 -1.70
-1.55%

$111.03

1,344,796
96.89% of 50 DAV
50 DAV is 1,388,000
$113.61
-5.13%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/5/2018 5:21:54 PM
Y - Finished in the lower half of its intra-day range today after touching a new all-time 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. Found support near its 50 DMA line ($101.32). 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  
$80.41 +0.67
0.84%

$80.73

705,335
140.23% of 50 DAV
50 DAV is 503,000
$79.93
0.60%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 6/5/2018 12:40:26 PM
G - Today's 3rd consecutive volume-driven gain hit another new all-time high, getting very extended from any sound base. Prior high ($68.75 on 3/22/18) and its 50 DMA line ($68.40) 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  
$30.35 +0.00
0.00%

$31.00

337,570
337.57% of 50 DAV
50 DAV is 100,000
$30.45
-0.33%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 6/5/2018 12:42:43 PM
Y - Hovering at its all-time high. Disciplined investors may still be watching for convincing volume-driven gains above the pivot point to 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  
$85.21 +0.16
0.19%

$85.61

7,818,545
93.09% of 50 DAV
50 DAV is 8,399,000
$86.32
-1.29%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 6/6/2018 3:16:05 PM
Y - On track today for a 6th consecutive small gain, wedging above the pivot point cited based on its 4/18/18 high and challenging its 52-week 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 ($77.93) 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  
$74.80 -0.50
-0.66%

$77.50

2,451,932
339.60% of 50 DAV
50 DAV is 722,000
$75.95
-1.51%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 6/6/2018 12:45:20 PM
G - Hitting yet another new all-time high with today's big volume-driven gain, getting very extended from any sound base. Its 50 DMA line ($64.79) and prior highs define important near-term support to watch on pullbacks.
>>> 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  
$50.09 +0.36
0.72%

$50.79

5,462,294
126.12% of 50 DAV
50 DAV is 4,331,000
$50.82
-1.44%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/6/2018 12:29:55 PM
G - Color code is changed to green as it hovers above its "max buy" level near its all-time high, stubbornly holding its ground after volume-driven gains. Disciplined investors avoid chasing stocks extended more than +5% from a sound base. Prior highs in the $45-46 area define initial support to watch on pullbacks.
>>> 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  
$67.15 +0.40
0.60%

$68.00

224,656
98.10% of 50 DAV
50 DAV is 229,000
$67.40
-0.37%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 6/6/2018 3:12:37 PM
G - Hitting another new high with today's 8th consecutive gain. Found support near prior highs in the $58 area and stayed above its 50 DMA line ($59.60) 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  
$62.85 -0.40
-0.63%

$64.07

1,899,536
73.37% of 50 DAV
50 DAV is 2,589,000
$63.63
-1.23%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/5/2018 5:29:32 PM
G - Perched at its all-time high after 5 consecutive gains backed light or 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  
$53.50 +0.25
0.47%

$54.25

2,266,302
206.03% of 50 DAV
50 DAV is 1,100,000
$70.74
-24.37%
5/9/2018 $55.33 PP = $59.30
MB = $62.27
Most Recent Note - 6/5/2018 5:39:58 PM
G - Slumped further below its 50 DMA line ($57.09) with today's damaging volume-driven loss. Only a prompt rebound above the 50 DMA line would help its outlook improve. Losses below the prior low ($50.59 on 5/02/18) 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  
$27.40 +0.32
1.18%

$27.44

462,737
96.40% of 50 DAV
50 DAV is 480,000
$32.03
-14.45%
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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