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AFTER MARKET UPDATE - WEDNESDAY, JUNE 20TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -42.41 24,657.80 -0.17% Volume 775,902,290 -21% Volume 2,278,639,700 +1%
NASDAQ +55.92 7,781.51 +0.72% Advancers 1,807 61% Advancers 1,907 64%
S&P 500 +4.73 2,767.32 +0.17% Decliners 1,154 39% Decliners 1,063 36%
Russell 2000 +13.54 1,706.99 +0.80% 52 Wk Highs 115   52 Wk Highs 242  
S&P 600 +7.27 1,052.40 +0.70% 52 Wk Lows 38   52 Wk Lows 36  

Leadership Expanded and Breadth Positive but Dow Fell

Stocks were broadly higher Wednesday. The Dow fell for a seventh straight session, down 42 points to 24657. The S&P 500 climbed 5 points to 2767 and the Nasdaq Composite finished at a record high up 56 points to 7781. Volume totals reported were mixed, lighter than the prior session on the NYSE and slightly higher on the Nasdaq exchange. Breadth had a positive bias as advancers led decliners by a 3-2 margin on the NYSE and by nearly 2-1 on the Nasdaq exchangeNew 52-week highs outnumbered new 52-week lows totals on the Nasdaq exchange and on the NYSE.  There were 90 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, more than doubling the total of 41 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 tech-heavy Nasdaq Composite Index hit another new record high.

The major averages finished mostly in positive territory amid the lingering trade tensions between the U.S. and China. On data front, a report showed existing home sales unexpectedly dipped 0.4% in May versus a projected 1.1% gain. In central bank news, Fed Chair Jerome Powell stated during a panel discussion in Portugal that there’s a strong case to continue gradually raising interest rates.

Technology provided a tailwind to the S&P 500 while Materials and Telecom lagged. Facebook (FB +2.28%) rose and countered Oracle (ORCL -7.46%) falling after providing quarterly guidance below estimates. DowDuPont (DWDP -0.71%) and AT&T (T -1.20%) both fell. Consumer Discretionary stocks also outperformed with Netflix (NFLX +2.91%) hitting a new all-time high. In the Industrial space, General Electric (GE -0.54%) fell after the announcement that Walgreens (WBA +5.25%) will replace the company in the Dow next week.

Treasuries finished weaker with the benchmark 10-year note yield up a basis point to 2.94%. In commodities, NYMEX WTI crude climbed 1.2% to $66.22/barrel. COMEX gold was down 0.3% to $1271.20/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.


Retail, Tech, Energy, and Broker/Dealer Indexes Rose

The Retail Index ($RLX +0.81%) posted a solid gain and the Broker/Dealer Index ($XBD +0.40%) also rose but the Bank Index ($BKX -0.12%) finished slightly lower on Wednesday. Tech sector had a positive bias as the Biotech Index ($BTK +1.69%) led the way and the Networking Index ($NWX +0.73%) and Semiconductor Index ($SOX +0.50) also rose. Commodity-linked groups were mixed as the Gold & Silver Index ($XAU -0.52%) fell while the Oil Services Index ($OSX +0.52%) and the Integrated Oil Index ($XOI +0.34%) both ended higher.

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +0.40%) recently slumped below its 50-day moving average (DMA) line again.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  151.25 +0.77 +0.51% +1.14%
Integrated Oil $XOI  1,498.43 +5.11 +0.34% +12.20%
Semiconductor $SOX  1,398.60 +7.02 +0.50% +11.62%
Networking $NWX  554.51 +4.04 +0.73% +13.04%
Broker/Dealer $XBD  289.97 +1.16 +0.40% +9.33%
Retail $RLX  2,265.27 +18.13 +0.81% +30.66%
Gold & Silver $XAU  81.25 -0.42 -0.51% -4.71%
Bank $BKX  107.75 -0.12 -0.11% +0.97%
Biotech $BTK  5,018.28 +83.22 +1.69% +18.85%


Extended From Prior Base and Perched at All-Time High

Mastercard Inc Cl A (MA +$1.85 or +0.93% to $201.54) posted a gain today with higher (near average) volume. It has been hovering in a tight range near its all-time high. Its 50-day moving average (DMA) line (188.86) and prior low ($186.60 on 5/29/18) define support to watch on pullbacks. 

Mastercard was last shown in this FSU section on 5/02/18 with an annotated graph under the headline, "Gap Up and Volume Driven Gain for New High After Earnings" as it powered to new all-time highs (N criteria) with a volume-driven gain that offered investors convincing proof of fresh institutional (I criteria) buying demand. It was highlighted in yellow in the 5/02/18 mid-day report (read here) as it rose above the pivot point cited based on its 3/13/18 high plus 10 cents with a big gain backed by +146% above average volume.

It has been showing impressive acceleration in its sequential quarterly sales revenues and earnings increases. For the quarter ended March 31, 2018 it reported a +49% earnings increase on +31% sales revenues versus the year-ago period, above +25% minimum quarterly earnings increase needed to satisfy the C criteria. It reported earnings increases +15%,+24%, +33% and +49% in the Jun, Sep, Dec '17 and Mar '18 quarterly comparisons, respectively, with sales revenues increases of +13%, +18%, +20% and +31% during that span. It has also maintained a strong annual earnings (A criteria) history. 

The Finance - Credit Card/Payment Processing group has shown recent leadership (L criteria) that includes strong performing peers such as Visa Inc (V). The number of top-rated funds owning its shares rose from 2,802 in Jun '17 to 3,065 in Mar '18, however, it is already heavily owned by the institutional crowd (I criteria). Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. MA has a Timeliness Rating of A and Sponsorship Rating of B.

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  
$15.60 +0.30
1.96%

$15.60

77,728
138.06% of 50 DAV
50 DAV is 56,300
$15.55
0.32%
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  
$66.21 -0.75
-1.12%

$67.09

65,280
86.92% of 50 DAV
50 DAV is 75,100
$67.88
-2.46%
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  
$318.48 +1.70
0.54%

$320.98

253,253
47.69% of 50 DAV
50 DAV is 531,000
$329.65
-3.39%
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  
$11.48 -0.05
-0.43%

$11.59

332,147
237.25% of 50 DAV
50 DAV is 140,000
$11.55
-0.61%
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  
$122.14 -1.17
-0.95%

$123.99

269,124
94.43% of 50 DAV
50 DAV is 285,000
$131.75
-7.29%
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  
$221.72 +1.64
0.75%

$221.94

2,594,110
230.59% of 50 DAV
50 DAV is 1,125,000
$222.88
-0.52%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 6/20/2018 12:33:44 PM
Y - Holding its ground stubbornly. 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  
$201.54 +1.85
0.93%

$203.46

3,882,559
108.82% of 50 DAV
50 DAV is 3,568,000
$204.00
-1.21%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/20/2018 6:16:31 PM
G - Still hovering in a tight range near its all-time high. Its 50 DMA line (188.86) and prior low ($186.60 on 5/29/18) define support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched at All-Time High - 6/20/2018
 |  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  
$135.50 +0.39
0.29%

$136.69

7,172,580
99.94% of 50 DAV
50 DAV is 7,177,000
$136.58
-0.79%
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  
$35.02 +0.21
0.60%

$35.52

600,721
92.70% of 50 DAV
50 DAV is 648,000
$36.45
-3.92%
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  
$58.70 -0.75
-1.26%

$59.75

700,221
215.45% of 50 DAV
50 DAV is 325,000
$60.28
-2.61%
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  
$705.13 -0.71
-0.10%

$708.00

8,247
41.24% of 50 DAV
50 DAV is 20,000
$739.89
-4.70%
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  
$280.30 +0.75
0.27%

$283.58

183,702
62.06% of 50 DAV
50 DAV is 296,000
$285.75
-1.91%
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  
$300.35 -3.25
-1.07%

$305.30

80,020
78.45% of 50 DAV
50 DAV is 102,000
$314.60
-4.53%
6/20/2018 $285.80 PP = $314.70
MB = $330.44
Most Recent Note - 6/20/2018 4:37:01 PM
Y - Volume totals have been cooling while consolidating in a tight range. Color code is changed to yellow with new pivot point cited based on its 5/16/18 high plus 10 cents. Its 50 DMA line ($284) and prior high ($285.70 on 4/26/18) define near-term support to watch.
>>> 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  
$48.12 +0.30
0.63%

$48.68

1,349,061
60.31% of 50 DAV
50 DAV is 2,237,000
$49.60
-2.98%
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  
$416.76 +11.78
2.91%

$419.47

16,431,259
180.13% of 50 DAV
50 DAV is 9,122,000
$405.29
2.83%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/20/2018 12:42:51 PM
G - Gapped up today hitting another new all-time high. Disciplined investors avoid chasing stocks extended more that +5% above a sound base pattern. Its 50 DMA line ($340) 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  
$287.90 +0.51
0.18%

$290.02

587,227
102.66% of 50 DAV
50 DAV is 572,000
$288.04
-0.05%
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  
$97.48 -1.07
-1.09%

$99.16

1,247,578
73.17% of 50 DAV
50 DAV is 1,705,000
$103.99
-6.26%
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  
$184.76 +1.15
0.63%

$188.59

1,718,682
93.00% of 50 DAV
50 DAV is 1,848,000
$187.39
-1.40%
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  
$70.00 +0.75
1.08%

$70.35

74,078
91.45% of 50 DAV
50 DAV is 81,000
$71.90
-2.64%
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  
$215.44 +4.47
2.12%

$216.58

1,042,904
73.81% of 50 DAV
50 DAV is 1,413,000
$217.40
-0.90%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 6/20/2018 4:43:54 PM
Y - Posted a gain today with light volume for its second best close ever. Found support at its 10-week moving average following a "negative reversal" on 6/04/18 after an earlier breakout.
>>> 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  
$95.90 -0.30
-0.31%

$97.25

325,922
93.93% of 50 DAV
50 DAV is 347,000
$97.75
-1.89%
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  
$115.87 -0.87
-0.75%

$118.37

1,169,299
68.86% of 50 DAV
50 DAV is 1,698,000
$121.64
-4.74%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 6/20/2018 4:40:58 PM
Y - Quietly perched near its all-time high and no resistance remains due to overhead supply. Its 50 DMA line ($110.98) 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  
$58.05 +2.85
5.16%

$58.55

1,562,413
205.31% of 50 DAV
50 DAV is 761,000
$59.05
-1.69%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 6/20/2018 4:31:13 PM
Y - Color code is changed to yellow with new pivot point cited based on its 5/16/18 high plus 10 cents. Challenged its prior highs with today's gap up and considerable volume-driven gain. Subsequent volume-driven gains for a new high may trigger a new (or add-on) technical buy signal. Stayed well above its 50 DMA line ($51.88) and prior highs in the $49-50 area during an orderly consolidation.
>>> 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  
$112.65 -1.03
-0.91%

$115.54

758,431
101.94% of 50 DAV
50 DAV is 744,000
$118.45
-4.90%
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  
$113.48 -0.52
-0.46%

$116.00

2,483,762
175.78% of 50 DAV
50 DAV is 1,413,000
$120.07
-5.49%
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  
$81.36 -0.10
-0.12%

$82.04

447,157
88.72% of 50 DAV
50 DAV is 504,000
$82.00
-0.78%
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  
$31.50 +0.60
1.94%

$31.65

153,624
147.72% of 50 DAV
50 DAV is 104,000
$31.00
1.61%
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  
$85.95 +1.43
1.69%

$86.97

9,146,793
115.58% of 50 DAV
50 DAV is 7,914,000
$86.32
-0.43%
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  
$74.35 -1.85
-2.43%

$76.70

975,674
113.32% of 50 DAV
50 DAV is 861,000
$77.50
-4.06%
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  
$51.91 +0.82
1.61%

$52.42

2,412,576
54.07% of 50 DAV
50 DAV is 4,462,000
$54.24
-4.30%
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  
$64.70 +0.70
1.09%

$64.85

130,868
52.35% of 50 DAV
50 DAV is 250,000
$68.00
-4.85%
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  
$64.23 +3.27
5.36%

$65.20

2,563,302
101.72% of 50 DAV
50 DAV is 2,520,000
$67.41
-4.72%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/20/2018 4:20:18 PM
G - Consolidating after getting very extended from the prior base. Its 50 DMA line ($53.43) and prior highs in the $52 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  
$30.38 +1.51
5.23%

$31.75

1,210,301
235.47% of 50 DAV
50 DAV is 514,000
$32.03
-5.14%
6/20/2018 $30.72 PP = $32.13
MB = $33.74
Most Recent Note - 6/20/2018 4:24:50 PM
Y - Ended near the middle of its intra-day range yet still posted big gain today, adding to an impressive spurt of volume-driven gains above its 50 DMA line. Little resistance remains due to overhead supply up to the $32 level. Color code was changed to yellow with new pivot point cited based on its 3/12/18 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new (or add-on) technical buy signal. 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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