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AFTER MARKET UPDATE - TUESDAY, JUNE 19TH, 2018
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Indices NYSE Nasdaq
DOW  -287.26 24,700.21 -1.15% Volume 981,242,730 +14% Volume 2,248,254,050 +8%
NASDAQ -21.44 7,725.59 -0.28% Advancers 1,261 43% Advancers 1,265 43%
S&P 500 -11.18 2,762.57 -0.40% Decliners 1,686 57% Decliners 1,697 57%
Russell 2000 +0.99 1,693.45 +0.06% 52 Wk Highs 59   52 Wk Highs 143  
S&P 600 -0.32 1,045.13 -0.03% 52 Wk Lows 83   52 Wk Lows 52  

Small Caps Fared Better Again While Blue Chips Slumped

Stocks ended firmly lower Tuesday. The Dow lost 287 points to 24700 while the S&P 500 fell 11 points to 2762. The Nasdaq Composite slipped 21 points to 7725. Volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange. Breadth had a negative tilt as decliners led advancers by a 4-3 margin on the NYSE and on the Nasdaq exchangeNew 52-week highs outnumbered new 52-week lows totals on the Nasdaq exchange but new lows outnumbered new highs on the NYSE.  There were 41 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 67 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 fell for a 6th consecutive session, testing support at its 50-day moving average (DMA) line again.  The 200 DMA line and prior lows define the next important levels of chart support to watch.

U.S. equities declined and the Dow Industrial Average erased its gains for the year as a perceived “risk off” sentiment took hold of markets. Trade tensions appear to have deepened after President Trump asked U.S. Trade Representatives to identify $200 billion worth of Chinese goods to levy an additional 10% tax on, and an additional $200 billion in tariffs on top of that if China retaliates. On the data front, housing starts surged 5.0% month-over-month in May to its strongest pace since 2007. In a separate release, building permits fell more-than-expected in May, declining 4.6%.

Six of 11 S&P 500 sectors finished in negative territory with Industrials and Materials continuing to provide strong headwinds to the market amid escalating trade tensions. Shares of Caterpillar (CAT -3.62%) and DowDuPont (DWDP -2.11%) both fell. In corporate news, Sarepta Therapeutics (SRPT +36.76%) rallying after revealing promising preliminary results of an experimental treatment. Telecom was a notable gainer with Verizon (VZ +2.19%) rising after an analyst upgrade.

Treasuries strengthened with the yield on the benchmark 10-year note off three basis points to 2.89%. In commodities, WTI crude retreated 1.1% to $65.10/barrel. COMEX gold lost 0.1% to $1275.60/ounce amid a stronger 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.


Retail and Biotech Indexes Posted Gains

The Retail Index ($RLX +0.42%) posted a modest gain but the Bank Index ($BKX +0.02%) finished flat and the Broker/Dealer Index ($XBD -0.80%) ended lower on Tuesday. Tech sector was mixed as the Biotech Index ($BTK +1.09%) rose, meanwhile the Networking Index ($NWX -0.83%) and Semiconductor Index ($SOX -1.16%) both ended lower. Commodity-linked groups had a negative bias as the Gold & Silver Index ($XAU -0.86%), Oil Services Index ($OSX -0.56%), and the Integrated Oil Index ($XOI -0.47%) ended unanimously lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Oil Services Index ($OSX -0.56%) stalled soon after topping its January high. It recently slumped below its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  150.48 -0.85 -0.56% +0.62%
Integrated Oil $XOI  1,493.32 -7.08 -0.47% +11.81%
Semiconductor $SOX  1,391.58 -16.33 -1.16% +11.06%
Networking $NWX  550.46 -4.58 -0.83% +12.22%
Broker/Dealer $XBD  288.81 -2.32 -0.80% +8.89%
Retail $RLX  2,247.14 +9.46 +0.42% +29.61%
Gold & Silver $XAU  81.67 -0.71 -0.86% -4.22%
Bank $BKX  107.87 +0.02 +0.02% +1.09%
Biotech $BTK  4,935.05 +53.30 +1.09% +16.88%


Gain With Above Average Volume Challenged Prior High

Envestnet Inc (ENV +$0.95 or +1.62% to $59.45) posted a gain today with +45% above average volume challenging its 52-week and all-time highs. It was highlighted in yellow with pivot point cited based on its 3/21/18 high plus 10 cents in the 6/15/18 mid-day report (read here). Subsequent volume-driven gains for new highs are needed to trigger a convincing technical buy signal. A recent rebound above the 50-day moving average (DMA) line helped its outlook improve after it found support at its 200 DMA line.

The high-ranked Financial Services - Specialty firm has earned a 95 Earnings Per Share rating. Its report of +48% earnings on +25% sales revenues for the Mar '18 quarter marked its 5th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria).  Annual earnings growth was flat in FY '16 but it has otherwise been strong. 

The number of top-rated funds owning its shares rose from 284 in Jun '17 to 356 in Mar '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days. It has  Timeliness Rating of A and Sponsorship Rating of B.

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  
$15.30 +0.20
1.32%

$15.40

40,317
71.11% of 50 DAV
50 DAV is 56,700
$15.55
-1.61%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/19/2018 5:36:39 PM
Y - Still quietly 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  
$66.96 +0.43
0.65%

$67.22

49,908
65.50% of 50 DAV
50 DAV is 76,200
$67.88
-1.36%
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  
$316.78 -1.49
-0.47%

$317.02

556,759
105.25% of 50 DAV
50 DAV is 529,000
$329.65
-3.90%
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  
$11.53 +0.20
1.77%

$11.55

186,913
135.44% of 50 DAV
50 DAV is 138,000
$11.36
1.50%
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  
$123.31 -3.12
-2.47%

$125.39

290,482
101.57% of 50 DAV
50 DAV is 286,000
$131.75
-6.41%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 6/19/2018 5:29:19 PM
Y - Consolidating above near-term support defined by its 50 DMA line ($121.03) and prior low ($121.23 on 5/29/18). Subsequent losses leading to violations would raise concerns and trigger technical sell signals.
>>> 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  
$220.08 -0.36
-0.16%

$222.88

19,772,826
2,697.52% of 50 DAV
50 DAV is 733,000
$221.35
-0.58%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 6/19/2018 12:48:20 PM
Y - Posting a small gain today with above average volume. Finished strong after highlighted in yellow in the 6/18/18 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 an 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  
$199.69 -1.44
-0.72%

$199.93

2,495,512
69.45% of 50 DAV
50 DAV is 3,593,000
$204.00
-2.11%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/19/2018 5:30:48 PM
G - Volume totals have been cooling while still hovering in a tight range near its all-time high. Its 50 DMA line (188.32) and prior low ($186.60 on 5/29/18) 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  
$135.11 -1.09
-0.80%

$135.24

6,220,508
86.55% of 50 DAV
50 DAV is 7,187,000
$136.58
-1.08%
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  
$34.81 -0.24
-0.68%

$34.93

696,523
108.16% of 50 DAV
50 DAV is 644,000
$36.45
-4.50%
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  
$59.45 +0.95
1.62%

$59.50

460,962
144.96% of 50 DAV
50 DAV is 318,000
$60.28
-1.37%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 6/19/2018 5:26:10 PM
Y - Bucked broader market weakness and posted a gain today with +45% above average volume, clearing a prior high and approaching its all-time high. This marked a 2nd consecutive gain since highlighted in yellow with pivot point cited based on its 3/21/18 high plus 10 cents in the 6/15/18. Subsequent volume-driven gains for new highs may clinch a more convincing technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Gain With Above Average Volume Challenged Prior High - 6/19/2018
 |  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
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$705.84 +16.03
2.32%

$709.87

23,064
115.32% of 50 DAV
50 DAV is 20,000
$739.89
-4.60%
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  
$279.55 -5.05
-1.77%

$282.70

240,522
81.53% of 50 DAV
50 DAV is 295,000
$285.75
-2.17%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/19/2018 5:48:29 PM
G - Perched near its all-time high, very extended from its 50 DMA line ($243) prior highs in the $233 area which define support to watch on pullbacks.
>>> 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  
$303.60 +0.80
0.26%

$304.71

54,884
53.29% of 50 DAV
50 DAV is 103,000
$314.60
-3.50%
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  
$47.82 -1.66
-3.35%

$48.33

2,076,703
93.21% of 50 DAV
50 DAV is 2,228,000
$49.60
-3.59%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 6/19/2018 5:39:40 PM
G - Gapped down today retreating from its all-time high. Extended from prior highs in the $40-41 area which define initial support to watch on pullbacks. Recently changed its name from China Lodging Group, Ltd to Huazhu Group Ltd.
>>> 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  
$404.98 +14.58
3.73%

$405.29

16,588,257
184.60% of 50 DAV
50 DAV is 8,986,000
$398.86
1.53%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/19/2018 12:52:55 PM
G - Perched at its all-time high, holding its ground stubbornly following volume-driven gains last week. Very extended from any sound base. Its 50 DMA line ($337) and prior highs in the $338-333 area define important support to watch on pullbacks.
>>> 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  
$287.39 +5.66
2.01%

$288.04

671,574
118.65% of 50 DAV
50 DAV is 566,000
$283.21
1.48%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/19/2018 5:46:27 PM
G - Hit another new high with today's 6th consecutive gain, getting very extended from the latest base. Its prior high ($255 on 4/26/18) and 50 DMA line ($250.85) 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  
$98.55 -0.55
-0.55%

$99.12

1,291,558
76.02% of 50 DAV
50 DAV is 1,699,000
$103.99
-5.23%
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  
$183.61 -2.80
-1.50%

$184.25

1,492,209
80.97% of 50 DAV
50 DAV is 1,843,000
$187.39
-2.02%
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  
$69.25 -0.45
-0.65%

$69.85

48,661
59.34% of 50 DAV
50 DAV is 82,000
$71.90
-3.69%
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  
$210.97 -0.87
-0.41%

$211.98

985,685
68.78% of 50 DAV
50 DAV is 1,433,000
$217.40
-2.96%
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  
$96.20 -0.85
-0.88%

$97.00

416,110
121.67% of 50 DAV
50 DAV is 342,000
$97.75
-1.59%
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  
$116.74 -0.49
-0.42%

$117.16

1,769,837
105.16% of 50 DAV
50 DAV is 1,683,000
$121.64
-4.03%
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  
$55.20 +1.05
1.94%

$55.25

643,694
84.92% of 50 DAV
50 DAV is 758,000
$59.05
-6.52%
4/24/2018 $47.73 PP = $50.15
MB = $52.66
Most Recent Note - 6/19/2018 5:51:22 PM
G - Volume totals have mostly below average in recent weeks while consolidating in an orderly fashion. Its 50 DMA line ($51.64) and prior highs in the $49-50 area 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  
$113.68 -0.45
-0.39%

$113.89

812,625
110.11% of 50 DAV
50 DAV is 738,000
$118.45
-4.03%
6/19/2018 $113.68 PP = $118.55
MB = $124.48
Most Recent Note - 6/19/2018 5:34:50 PM
Y - Color code is changed to yellow with new pivot point cited based on its 4/18/18 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper technical buy signal. Consolidating above its 50 DMA line ($108.67), it faces little 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  
$114.00 -3.31
-2.82%

$116.62

2,258,380
162.01% of 50 DAV
50 DAV is 1,394,000
$120.07
-5.06%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/19/2018 5:42:11 PM
G - Pulled back from its all-time high with 3 consecutive volume-driven losses. Prior highs in the $112-106 area define initial support above its 50 DMA line ($103.77)
>>> 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  
$81.46 -0.30
-0.37%

$81.78

381,091
75.76% of 50 DAV
50 DAV is 503,000
$82.00
-0.66%
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  
$30.90 +0.10
0.32%

$31.00

176,671
171.53% of 50 DAV
50 DAV is 103,000
$31.00
-0.32%
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  
$84.52 -1.33
-1.55%

$84.96

5,995,590
75.55% of 50 DAV
50 DAV is 7,936,000
$86.32
-2.09%
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  
$76.20 +0.35
0.46%

$76.38

503,012
58.08% of 50 DAV
50 DAV is 866,000
$77.50
-1.68%
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  
$51.09 -2.04
-3.84%

$51.77

5,772,273
131.19% of 50 DAV
50 DAV is 4,400,000
$54.24
-5.81%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/19/2018 12:51:04 PM
G - Gapped down today but it remains above its "max buy" level. 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  
$64.00 -1.75
-2.66%

$65.20

357,884
146.08% of 50 DAV
50 DAV is 245,000
$68.00
-5.88%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 6/19/2018 5:44:11 PM
G - Encountering distributional pressure while retreating from its all-time high. Its 50 DMA line ($62.21) defines important near-term support to watch.
>>> 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  
$60.96 -2.10
-3.33%

$61.69

2,993,289
118.41% of 50 DAV
50 DAV is 2,528,000
$67.41
-9.57%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/19/2018 12:42:09 PM
G - Encountering distributional pressure after getting very extended from the prior base. Its 50 DMA line ($53.10) and prior highs in the $51-53 area define important near-term support to watch.
>>> 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  
$28.87 -1.01
-3.38%

$29.83

1,153,305
228.38% of 50 DAV
50 DAV is 505,000
$32.03
-9.86%
3/6/2018 $28.00 PP = $28.37
MB = $29.79
Most Recent Note - 6/19/2018 12:57:43 PM
G - Volume-driven gains above its 50 DMA line last week helped its technical stance improve, however it still faces 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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