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AFTER MARKET UPDATE - MONDAY, JUNE 18TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -103.01 24,987.47 -0.41% Volume 859,084,860 -64% Volume 2,085,647,503 -31%
NASDAQ +0.65 7,747.03 +0.01% Advancers 1,657 56% Advancers 1,526 52%
S&P 500 -5.79 2,773.87 -0.21% Decliners 1,304 44% Decliners 1,423 48%
Russell 2000 +8.55 1,692.46 +0.51% 52 Wk Highs 106   52 Wk Highs 192  
S&P 600 +5.91 1,045.45 +0.57% 52 Wk Lows 79   52 Wk Lows 47  

Small Cap Indices Rose and Large Caps Pulled Back

The Dow and S&P 500 Index both lost ground on Monday, meanwhile the Nasdaq Composite Index finished flat and the Small Cap indices led the market higher. Volume totals reported were much lighter than the prior session on the NYSE and on the Nasdaq exchange, after Friday's totals were inflated by options expirations. Breadth was slightly positive as advancers led decliners by an 8-7 margin on the NYSE and by an even narrower margin on the Nasdaq exchangeNew 52-week highs outnumbered new 52-week lows totals on the Nasdaq exchange and the NYSE.  There were 67 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 60 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 600 Small Cap Index hit a new record high.

The major averages fluctuated as investors digested the latest global trade updates. Over the weekend, Chinese leaders announced $34 billion in additional tariffs on U.S. imports, including crude oil. The move came in response to President Trump’s decision to levy an additional $50 billion in duties on Chinese goods. In central bank news, Atlanta Fed President Raphael Bostic commented that “optimism has almost completely faded” amid trade fears. Incoming New York Fed President John Williams is slated to speak following the close. There were no major economic updates scheduled.

Eight of 11 S&P 500 sectors ended lower with Telecom shares leading laggards. Health Care stocks were notable decliners with Biogen (BIIB -5.2%) falling after a competing biopharmaceutical company, PTC Therapeutics (PTCT +27.51%), revealed positive research results. Energy shares outperformed as oil prices rebound from Friday’s sell-off. In Tech, Square (SQ +2.7%) reached an all-time high following news New York granted the mobile payment provider a virtual-currency license. Intel (INTC -3.4%) fell after the semiconductor giant was the subject of an analyst downgrade.

Treasuries were mixed with the yield on the benchmark 10-year note flat at 2.92%. In commodities, WTI crude added 1.1% to $65.78/barrel. COMEX gold gained 0.1% to $1276.20/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.


Tech Sector Pulled Back and Energy-Linked Groups Rose

The Retail Index ($RLX +0.24%) and the Bank Index ($BKX +0.17%) posted small gains while the Broker/Dealer Index ($XBD -0.16%) inched lower on Monday. Tech sector had a negative bias as the Biotech Index ($BTK -1.05%), Networking Index ($NWX -0.70%), and Semiconductor Index ($SOX -0.99%) ended unanimously lower. Commodity-linked groups were mixed as the Gold & Silver Index ($XAU -0.24%) fell, meanwhile the Oil Services Index ($OSX +0.70%) and the Integrated Oil Index ($XOI +1.19%) both rose

Charts courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX -0.70%) is perched near its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  151.33 +1.05 +0.70% +1.19%
Integrated Oil $XOI  1,500.40 +17.67 +1.19% +12.34%
Semiconductor $SOX  1,407.91 -14.13 -0.99% +12.36%
Networking $NWX  555.05 -3.90 -0.70% +13.15%
Broker/Dealer $XBD  291.13 -0.45 -0.16% +9.76%
Retail $RLX  2,237.68 +5.33 +0.24% +29.06%
Gold & Silver $XAU  82.38 -0.20 -0.24% -3.39%
Bank $BKX  107.85 +0.18 +0.17% +1.07%
Biotech $BTK  4,881.75 -52.02 -1.05% +15.62%


Breakaway Gap With Heavy Volume

FleetCor Technologies, Inc (FLT+$13.35 or +6.45% to $220.44) was highlighted in yellow with pivot point cited based on its 1/25/18 high plus 10 cents in the earlier mid-day report (read here). It triggered a technical buy signal as it hit new highs with a "breakaway gap" and considerable volume-driven gain clearing previously stubborn resistance in the $212-213 area.

FLT showed bullish action since last noted in the 5/29/18 mid-day report - "Reported earnings +28% on +13% sales revenues for the Mar '18 quarter. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Sales revenues growth rate has shown sequential deceleration while +30%, +19%, +18%, and +13% in the Jun, Sep, Dec '17 and Mar '18 quarters, respectively. Annual earnings history (A criteria) has been strong, a good match with the fact-based investment system's guidelines."

The number of top-rated funds owning its shares rose from 665 in Mar '15 to 904 in Mar '18, a reassuring sign concerning the I criteria.
Its Relative Strength Rating is 82, above the 80+ minimum guideline for buy candidates. It has a Timeliness Rating of A and a Sponsorship rating of B. FLT went through some choppy consolidations since last appearing in this FSU section on 5/18/15 with annotated graphs under the headline, "Relative Strength Rating Fell While Consolidating Near 50-Day Average".

The company hails from the Finance - Credit Card Payment Processing group which saw gains in recent months from Visa (V) and MasterCard (MA). Impressive strength and leadership from other firms in the same industry group is a reassurance concerning the L criteria. The company completed a Secondary Offering on 9/11/13. Prior Secondary Offerings on 3/14/12, 6/11/12, 11/29/12, and 3/08/13 were previously noted, "Such offerings often are a short-term hindrance to upward price progress yet typically result in broader institutional ownership interest."

Charts 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  
$15.10 -0.15
-0.98%

$15.20

44,045
77.82% of 50 DAV
50 DAV is 56,600
$15.55
-2.89%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/12/2018 5:47:50 PM
Y - Recently encountered distributional pressure 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  
$66.53 +0.30
0.45%

$66.74

53,055
68.90% of 50 DAV
50 DAV is 77,000
$67.88
-1.99%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 6/18/2018 5:29:58 PM
Y - Found support at its 50 DMA line ($64.82). Its Relative Strength rating is still below the 80+ minimum guideline at 74, yet it ended only -2% off its high. 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  
$318.27 +2.45
0.78%

$319.38

260,178
48.36% of 50 DAV
50 DAV is 538,000
$329.65
-3.45%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 6/18/2018 5:31:46 PM
G - Hovering near its all-time high extended from any sound base. Its 50 DMA line ($297) defines near-term support to watch on pullbacks. 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  
$11.33 +0.18
1.61%

$11.36

167,990
124.44% of 50 DAV
50 DAV is 135,000
$11.16
1.52%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/14/2018 6:28:02 PM
Y - Matched its best ever close with a volume-driven gain today. However, it has churned above average volume in recent weeks while making very little headway above prior highs, action indicative of distributional pressure.
>>> 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  
$126.43 +2.30
1.85%

$126.48

298,814
105.59% of 50 DAV
50 DAV is 283,000
$131.75
-4.04%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 6/12/2018 5:56:29 PM
Y - Still consolidating in a tight range above near-term support defined by prior highs and its 50 DMA line ($119.75).
>>> 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
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$220.44 +13.35
6.45%

$221.35

4,550,425
703.31% of 50 DAV
50 DAV is 647,000
$213.74
3.13%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 6/18/2018 5:35:27 PM
Y - Finished strong after highlighted in yellow in the earlier mid-day report with pivot point cited based on its 1/25/18 high plus 10 cents. A "breakaway gap" and considerable volume-driven gain triggered a technical buy signal while clearing previously stubborn resistance in the $212-213 area. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Breakaway Gap With Heavy Volume - 6/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$201.13 +1.60
0.80%

$201.45

2,040,138
55.86% of 50 DAV
50 DAV is 3,652,000
$204.00
-1.41%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/12/2018 6:01:30 PM
G - Volume totals have been cooling while hovering near its all-time high. Its 50 DMA line (185.58) and prior high ($183.73) 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  
$136.20 +1.10
0.81%

$136.31

8,655,467
120.55% of 50 DAV
50 DAV is 7,180,000
$136.58
-0.28%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 6/18/2018 5:33:15 PM
G - Posted a volume-driven gain today for its second best close of all time. Prior highs in the $126 area and its 50 DMA line ($129) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure at All-Time High - 6/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$35.05 -1.31
-3.60%

$36.33

1,082,190
170.69% of 50 DAV
50 DAV is 634,000
$36.45
-3.84%
6/15/2018 $35.44 PP = $34.87
MB = $36.61
Most Recent Note - 6/18/2018 12:25:46 PM
Y - Pulling back today. First featured in the 6/15/18 mid-day report as it clinched a technical buy signal. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Volume Was Heavy Behind Big Breakout Gain - 6/15/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$58.50 +0.40
0.69%

$58.70

258,602
82.10% of 50 DAV
50 DAV is 315,000
$60.28
-2.94%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 6/15/2018 12:33:18 PM
Y - Color code is changed to yellow with pivot point cited based on its 3/21/18 high plus 10 cents. Subsequent volume-driven gains for new highs are needed to trigger a technical buy signal. Rebound above the 50 DMA line helped its outlook improve after it found support at its 200 DMA line. Reported +48% earnings on +25% sales revenues for the Mar '18 quarter, its 5th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below |  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
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$689.81 +11.65
1.72%

$692.77

14,791
73.96% of 50 DAV
50 DAV is 20,000
$739.89
-6.77%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 6/14/2018 6:25:34 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Its 50 DMA line ($623) defines important support to watch above the prior highs in the $569-552 area.
>>> 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  
$284.60 +3.50
1.25%

$285.75

301,286
102.48% of 50 DAV
50 DAV is 294,000
$283.83
0.27%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/13/2018 6:33:55 PM
G - Hit yet another new all-time highs today, getting very extended from prior highs in the $233 area which define initial support above its 50 DMA line ($237).
>>> 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  
$302.80 +2.35
0.78%

$303.30

47,694
45.86% of 50 DAV
50 DAV is 104,000
$314.60
-3.75%
5/14/2018 $285.80 PP = $285.80
MB = $300.09
Most Recent Note - 6/13/2018 6:09:48 PM
G - Volume totals have been cooling while consolidating in a tight range just above its "max buy" level. Prior highs in the $285-279 area define initial support to watch above its 50 DMA line ($278).
>>> 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 
HTHT - NASDAQ
Huazhu Group Ads
LEISURE - Lodging  
$49.48 +0.46
0.94%

$49.60

1,468,126
65.81% of 50 DAV
50 DAV is 2,231,000
$49.45
0.06%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 6/13/2018 6:13:22 PM
G - Volume totals have been cooling while consolidating near its all-time high. Extended from prior highs in the $40-41 area which 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  
$390.40 -1.58
-0.40%

$393.16

6,796,841
74.87% of 50 DAV
50 DAV is 9,078,000
$398.86
-2.12%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/15/2018 12:44:32 PM
G - Spiked into new all-time high territory with volume-driven gains this week, getting very extended from any sound base. Prior highs in the $338-333 area define initial support to watch above its 50 DMA line ($333).
>>> 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 
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
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$281.73 +4.39
1.58%

$283.21

509,145
89.48% of 50 DAV
50 DAV is 569,000
$277.36
1.58%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/13/2018 6:11:39 PM
G - Hit another new high with light volume today, getting very extended from the latest base. Its 50 DMA line ($247) 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  
$99.10 -0.91
-0.91%

$101.00

1,217,255
71.65% of 50 DAV
50 DAV is 1,699,000
$103.99
-4.70%
6/4/2018 $75.96 PP = $78.38
MB = $82.30
Most Recent Note - 6/15/2018 6:05:33 PM
G - Pulled back on higher (near average) volume today, and it remains near its all-time high very extended from the previously noted base. Reported earnings +133% on +27% sales revenues for the Apr '18 quarter. Disciplined investors avoid chasing stocks that are too extended from a sound base.
>>> 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  
$186.41 +0.06
0.03%

$186.71

1,399,233
76.13% of 50 DAV
50 DAV is 1,838,000
$187.39
-0.52%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 6/14/2018 6:22:52 PM
Y - Posted a solid volume-driven gain today indicative of greater institutional buying demand while challenging its "max buy" level and its all-time high. Its 50 DMA line ($173) and prior low define near-term support.
>>> 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 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$69.70 +0.30
0.43%

$69.90

84,263
102.76% of 50 DAV
50 DAV is 82,000
$71.90
-3.06%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 6/15/2018 12:46:09 PM
Y - Gapped up for a considerable volume-driven gain today challenging its all-time high. Color code was changed to yellow with new pivot point cited based on its 5/04/18 high plus 10 cents. Its 50 DMA line ($61.42) and prior low ($56.65 on 5/15/18) define near term support to watch.
>>> 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 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$211.84 -2.76
-1.29%

$214.83

1,429,795
98.95% of 50 DAV
50 DAV is 1,445,000
$217.40
-2.56%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 6/14/2018 6:29:08 PM
Y - Posted a 3rd consecutive volume-driven gain today and closed at another new all-time high. Found support at its 10-week moving average following a "negative reversal" on 6/04/18 after an earlier breakout. Color code was changed to yellow as a valid secondary buy point exists from the 10 WMA line up to 5% above the most recent high. Reported earnings +62% on +31% sales revenues for the Apr '18 quarter, continuing its strong earnings track record. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : New High Close After 2 Consecutive Volume Driven Gains - 6/13/2018
 |  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
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$97.05 +1.55
1.62%

$97.35

397,104
116.80% of 50 DAV
50 DAV is 340,000
$97.75
-0.72%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 6/14/2018 12:52:27 PM
G - Hitting yet another new all-time high with today's 5th consecutive gain, getting very extended from any sound base. Prior highs and its 50 DMA line ($78.58) define near-term support to watch on pullbacks.
>>> 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  
$117.23 +1.37
1.18%

$117.93

1,669,101
99.83% of 50 DAV
50 DAV is 1,672,000
$121.64
-3.62%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 6/13/2018 6:32:41 PM
Y - Held its ground stubbornly today, quietly perched at its all-time high. Gain on the prior session backed by +45% above average was a reassuring sign of fresh institutional buying demand helping clinch a technical buy signal. Its 50 DMA line ($109.20) and recent low ($107.08 on 5/29/18) define important near-term support to watch on pullbacks.
>>> 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  
$54.15 -0.80
-1.46%

$54.90

522,566
68.94% of 50 DAV
50 DAV is 758,000
$59.05
-8.30%
4/24/2018 $47.73 PP = $50.15
MB = $52.66
Most Recent Note - 6/13/2018 6:43:55 PM
G - Volume totals have been cooling in recent weeks while consolidating in an orderly fashion. Prior highs in the $49-50 area and its 50 DMA line ($50.88) define near-term support.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After Spiking Higher - 6/6/2018
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PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$114.13 +1.51
1.34%

$115.19

742,676
101.04% of 50 DAV
50 DAV is 735,000
$118.45
-3.65%
2/15/2018 $95.01 PP = $93.61
MB = $98.29
Most Recent Note - 6/12/2018 5:54:17 PM
G - Rebounded above its 50 DMA line ($108.08) with a big gain today on higher (near average) volume. Still 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
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$117.31 -1.46
-1.23%

$117.97

1,970,866
142.30% of 50 DAV
50 DAV is 1,385,000
$120.07
-2.30%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/14/2018 12:39:28 PM
G - Hitting another new high with today's 4th consecutive gain on ever-increasing volume. The prior gain was backed by +76% above average volume, action indicative of fresh institutional buying demand.
>>> FEATURED STOCK ARTICLE : Gain With +25% Above Average Volume for Best Ever Close - 6/12/2018
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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
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$81.76 +0.75
0.93%

$82.00

438,548
87.19% of 50 DAV
50 DAV is 503,000
$81.40
0.44%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 6/15/2018 6:03:26 PM
G - Finished at a best-ever close today perched near its all-time high, very extended from any sound base. Prior high ($68.75 on 3/22/18) and its 50 DMA line ($71.23) define near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Pullback After Volume-Driven Gains For New Highs - 6/7/2018
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LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$30.80 +0.95
3.18%

$30.80

119,850
115.24% of 50 DAV
50 DAV is 104,000
$31.00
-0.65%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 6/18/2018 5:39:46 PM
Y - Rallied for a best ever close today. Tested support at its 50 DMA line ($29.19) on the prior session and managed a "positive reversal" for a volume-driven gain. No resistance remains, however disciplined investors may still be watching for gains above the pivot point backed by at least +40% above average volume to trigger a convincing 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  
$85.85 +0.54
0.63%

$86.20

5,143,120
64.39% of 50 DAV
50 DAV is 7,988,000
$86.32
-0.54%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 6/15/2018 6:21:14 PM
Y - Volume totals were light when wedging above the pivot point cited based on its 4/18/18 high. It is perched within close striking distance of its all-time high. Confirming gains backed by at least +40% above average volume would be a reassuring sign of fresh institutional buying demand.
>>> FEATURED STOCK ARTICLE : Gains Have Lacked Volume While Approaching All-Time High - 6/8/2018
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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$75.85 +0.75
1.00%

$76.50

653,946
74.57% of 50 DAV
50 DAV is 877,000
$77.50
-2.13%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 6/15/2018 6:18:07 PM
G - Remains perched near its all-time high, very extended from any sound base. Its 50 DMA line ($66.86) defines 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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MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$53.13 -0.47
-0.88%

$53.50

3,234,406
73.90% of 50 DAV
50 DAV is 4,377,000
$54.24
-2.05%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/18/2018 5:28:21 PM
G - Holding its ground stubbornly near its all-time high following 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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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  
$65.75 +0.60
0.92%

$66.20

352,914
147.05% of 50 DAV
50 DAV is 240,000
$68.00
-3.31%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 6/13/2018 6:26:56 PM
G - Endured distributional pressure today when poised for a best-ever close after wedging higher. Recent gains lacked great volume-conviction.
>>> 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  
$63.06 +0.23
0.37%

$63.30

1,835,311
72.23% of 50 DAV
50 DAV is 2,541,000
$67.41
-6.45%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/13/2018 6:05:16 PM
G - Very extended from the prior base. Prior highs in the $51-53 area and its 50 DMA line ($51.79) define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Earnings News Due; Formed a Base-on-Base Pattern - 5/16/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$29.88 +1.55
5.47%

$30.00

1,433,953
254.25% of 50 DAV
50 DAV is 564,000
$32.03
-6.70%
3/6/2018 $28.00 PP = $28.37
MB = $29.79
Most Recent Note - 6/18/2018 5:37:04 PM
G - Rallied further above its 50 DMA line and above a prior high with today's big volume-driven gain. Faces additional resistance due to overhead supply up to the $32 level. Recent lows in the $23-24 area define important support to watch on pullbacks. Showed resilience since it completed a new Public Offering and Secondary Offering on 4/05/18.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Above 50-Day Average Help Outlook Improve - 6/14/2018
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