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AFTER MARKET UPDATE - THURSDAY, JUNE 21ST, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -196.10 24,461.70 -0.80% Volume 790,571,940 +2% Volume 2,335,146,780 +2%
NASDAQ -68.56 7,712.95 -0.88% Advancers 947 32% Advancers 833 28%
S&P 500 -17.56 2,749.76 -0.63% Decliners 2,014 68% Decliners 2,158 72%
Russell 2000 -18.04 1,688.95 -1.06% 52 Wk Highs 83   52 Wk Highs 154  
S&P 600 -9.99 1,042.41 -0.95% 52 Wk Lows 81   52 Wk Lows 55  

Major Indices Fell Under Distributional Pressure

U.S. equities were broadly lower amid lingering trade concerns. Behind the losses the volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange, action indicative of institutional selling which is termed "distribution". Breadth was negative as decliners led advancers by a 2-1 margin on the NYSE and by 11-4 on the Nasdaq exchangeNew 52-week highs solidly outnumbered new 52-week lows on the Nasdaq exchange but the totals were near even on the NYSE.  There were 61 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, down from the total of 90 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 500 Index is perched -4.3% off its record high.

 On the data front, initial jobless claims unexpectedly decreased by 3,000 to 218,000 in the most recent week. A separate update revealed the June reading for the Philadelphia Fed Index was 19.9, well below consensus expectations of 28.4 and last month’s 34.4 reading.

Energy and Industrials shares were down the most as Chevron (CVX -2.16%) and Boeing (BA -1.47%) both fell. Technology shares also provided a headwind to the market as Intel (INTC -2.38%) fell after the tech giant announced its CEO had resigned. Consumer Staples outperformed as Kroger (KR +9.74%) gapped up after the grocery store operator topped earnings forecasts and revealed strong sales growth.

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.


Energy, Tech, Retail and Broker/Dealer Indexes Fell

The Retail Index ($RLX -0.44%) and Broker/Dealer Index ($XBD -0.50%) both finished lower and the Bank Index ($BKX +0.04%) held its ground on Thursday. The tech sector had a negative bias as the Biotech Index ($BTK -1.87%), Networking Index ($NWX -1.58%) and Semiconductor Index ($SOX -1.26%) ended unanimously lower. Commodity-linked groups also had a negative bias as the Oil Services Index ($OSX -2.31%) and the Integrated Oil Index ($XOI -2.11%) both outpaced the Gold & Silver Index ($XAU -0.43%) to the downside.

Charts courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX -0.44%) has stubbornly held its ground and made steady progress. It is perched near its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  147.76 -3.49 -2.31% -1.20%
Integrated Oil $XOI  1,466.81 -31.63 -2.11% +9.83%
Semiconductor $SOX  1,381.01 -17.59 -1.26% +10.21%
Networking $NWX  545.73 -8.78 -1.58% +11.25%
Broker/Dealer $XBD  288.52 -1.46 -0.50% +8.78%
Retail $RLX  2,255.28 -9.99 -0.44% +30.08%
Gold & Silver $XAU  80.89 -0.36 -0.44% -5.14%
Bank $BKX  107.79 +0.04 +0.04% +1.01%
Biotech $BTK  4,924.25 -94.03 -1.87% +16.63%


Big Loss on Heavy Volume Tests 50-Day Moving Average

Stamps.Com Inc (STMP -$28.45 or -10.15% to $251.85) was down considerably with heavy volume behind a big loss today testing its 50-day moving average (DMA) line ($245). More damaging losses below the 50 DMA line would raise greater concerns and trigger a technical sell signal.  Prior highs in the $233 area define support to watch.

STMP finished strong after highlighted yellow with pivot point cited based on its 10/26/17 high plus 10 cents in the 5/04/18 mid-day report (read here). It was last shown in this FSU section with an annotated graph on 5/04/18 under the headline, "Volume-Driven Gain For New High".

Fundamentals remain strong after it reported earnings +39% on +27% sales revenues for the Mar '18 quarter. It has earned an Earnings Per Share Rating of 98, putting it in the top 2% of all publicly traded stocks based on its earnings history over the past 5 years. Currently it has a Timeliness Rating of A and a Sponsorship rating of B.

The Retail - Internet group now has a 97 Relative Strength Rating. The number of top-rated funds owning its shares rose from 385 in Jun '17 to 425 in Mar '18, a reassuring sign in recent months concerning the I criteria. Its current Up/Down Volume ratio of 2.6 is an unbiased indication its shares have been under accumulation over the past 50 days. Its small supply of only 17.9 million shares outstanding (S criteria) can contribute to greater price volatility in the event of institutional buying or selling.

Charts courtesy www.stockcharts.com


Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.40 -0.20
-1.28%

$15.60

112,903
198.08% of 50 DAV
50 DAV is 57,000
$15.60
-1.28%
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  
$65.13 -1.08
-1.63%

$66.20

96,810
132.62% of 50 DAV
50 DAV is 73,000
$67.88
-4.05%
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  
$316.08 -2.40
-0.75%

$321.10

316,710
60.56% of 50 DAV
50 DAV is 523,000
$329.65
-4.12%
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  
$11.30 -0.18
-1.57%

$11.54

335,916
230.08% of 50 DAV
50 DAV is 146,000
$11.59
-2.50%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/21/2018 6:02:44 PM
Y - It is perched near its "max buy" level after pulling back from its all-time high with 2 consecutive volume-driven losses. Prior high ($10.70 on 4/19/18) and its 50 DMA line ($10.53) define near-term support to watch.
>>> 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  
$119.95 -2.19
-1.79%

$122.48

473,390
167.87% of 50 DAV
50 DAV is 282,000
$131.75
-8.96%
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  
$218.82 -2.90
-1.31%

$222.92

1,330,335
113.61% of 50 DAV
50 DAV is 1,171,000
$222.88
-1.82%
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  
$200.78 -0.76
-0.38%

$203.68

2,677,784
74.86% of 50 DAV
50 DAV is 3,577,000
$204.00
-1.58%
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  
$134.53 -0.97
-0.72%

$136.12

8,683,314
121.60% of 50 DAV
50 DAV is 7,141,000
$136.69
-1.58%
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  
$34.44 -0.58
-1.66%

$35.37

497,249
76.27% of 50 DAV
50 DAV is 652,000
$36.45
-5.51%
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  
$58.10 -0.60
-1.02%

$58.80

484,556
144.38% of 50 DAV
50 DAV is 335,600
$60.28
-3.61%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 6/21/2018 12:29:49 PM
Y - Encountering some distributional pressure and churning above average volume while perched near its all-time high. Members were reminded - "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  
$701.39 -3.74
-0.53%

$701.39

10,929
54.65% of 50 DAV
50 DAV is 20,000
$739.89
-5.20%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 6/21/2018 5:59:49 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Its 50 DMA line ($640) 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  
$251.85 -28.45
-10.15%

$281.66

1,340,436
452.85% of 50 DAV
50 DAV is 296,000
$285.75
-11.86%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/21/2018 5:54:06 PM
G - Ended down considerably with heavy volume behind a big loss testing its 50 DMA line ($245). Below that important short-term average prior highs in the $233 area which define support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Big Loss on Heavy Volume Tests 50-Day Moving Average - 6/21/2018
 |  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  
$299.40 -0.95
-0.32%

$301.55

56,304
55.20% of 50 DAV
50 DAV is 102,000
$314.60
-4.83%
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  
$47.16 -0.96
-2.00%

$48.18

2,040,728
92.05% of 50 DAV
50 DAV is 2,217,000
$49.60
-4.92%
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  
$415.44 -1.32
-0.32%

$423.21

18,037,793
195.26% of 50 DAV
50 DAV is 9,238,000
$419.47
-0.96%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/21/2018 1:13:20 PM
G - Churning heavy volume today while perched at its all-time high. Disciplined investors avoid chasing stocks extended more that +5% above a sound base pattern. Its 50 DMA line ($342) 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  
$290.76 +2.86
0.99%

$292.67

775,650
134.90% of 50 DAV
50 DAV is 575,000
$290.02
0.26%
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  
$97.46 -0.02
-0.02%

$98.79

886,467
52.08% of 50 DAV
50 DAV is 1,702,000
$103.99
-6.28%
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  
$180.27 -4.49
-2.43%

$186.57

1,289,194
69.84% of 50 DAV
50 DAV is 1,846,000
$188.59
-4.41%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 6/21/2018 5:58:39 PM
Y - Recently challenged and traded above its "max buy" level, but it pulled back on light volume today. Its 50 DMA line ($174) 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  
$68.15 -1.85
-2.64%

$70.10

59,773
74.72% of 50 DAV
50 DAV is 80,000
$71.90
-5.22%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 6/21/2018 6:08:54 PM
Y - Pulled back today with below average volume. Recent gains challenged 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. Confirming gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Its 50 DMA line ($62.36) defines near-term support above the prior low ($56.65 on 5/15/18).
>>> 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  
$212.70 -2.74
-1.27%

$216.54

902,998
65.29% of 50 DAV
50 DAV is 1,383,000
$217.40
-2.16%
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  
$94.80 -1.10
-1.15%

$96.28

350,350
100.10% of 50 DAV
50 DAV is 350,000
$97.75
-3.02%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 6/21/2018 5:55:43 PM
G - Holding its ground stubbornly, perched near its all-time high, very extended from any sound base. Prior highs and its 50 DMA line ($80.58) 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  
$113.17 -2.70
-2.33%

$116.94

1,106,643
65.99% of 50 DAV
50 DAV is 1,677,000
$121.64
-6.96%
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  
$58.35 +0.30
0.52%

$61.10

1,861,013
239.51% of 50 DAV
50 DAV is 777,000
$59.05
-1.19%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 6/21/2018 1:27:23 PM
Y - Erased much of its early gain after hitting a new high today. New pivot point was cited based on its 5/16/18 high plus 10 cents. Gains and a close above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Stayed well above its 50 DMA line ($52.13) 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
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$109.83 -2.82
-2.50%

$113.36

849,176
113.07% of 50 DAV
50 DAV is 751,000
$118.45
-7.28%
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  
$110.48 -3.00
-2.64%

$114.16

2,129,215
147.86% of 50 DAV
50 DAV is 1,440,000
$120.07
-7.99%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/21/2018 6:05:59 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level retreating from its all-time high with 5 consecutive volume-driven losses. Prior highs in the $112-106 area define initial support above its 50 DMA line ($104.28)
>>> 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  
$80.46 -0.90
-1.11%

$81.04

298,385
58.97% of 50 DAV
50 DAV is 506,000
$82.04
-1.93%
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  
$30.75 -0.75
-2.38%

$31.60

172,707
162.93% of 50 DAV
50 DAV is 106,000
$31.65
-2.84%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 6/21/2018 12:54:40 PM
Y - Rallied near its "max buy" level with 4 consecutive volume-driven gains after testing support at its 50 DMA line ($29.34). Bullish action recently triggered a technical buy signal. Prior lows in the $26-27 area define important near term support. Recently reported earnings +63% on +42% for the Mar '18 quarter.
>>> FEATURED STOCK ARTICLE : Bank Perched Near High After Orderly Base - 5/23/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$85.97 +0.02
0.02%

$87.55

7,698,189
96.55% of 50 DAV
50 DAV is 7,973,000
$86.97
-1.15%
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  
$76.90 +2.55
3.43%

$77.05

771,253
89.68% of 50 DAV
50 DAV is 860,000
$77.50
-0.77%
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  
$50.88 -1.03
-1.98%

$52.18

2,665,866
59.93% of 50 DAV
50 DAV is 4,448,000
$54.24
-6.19%
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  
$63.10 -1.60
-2.47%

$64.65

196,371
78.55% of 50 DAV
50 DAV is 250,000
$68.00
-7.21%
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  
$61.95 -2.28
-3.55%

$64.85

1,948,837
78.24% of 50 DAV
50 DAV is 2,491,000
$67.41
-8.10%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/21/2018 6:03:52 PM
G - Consolidating after getting very extended from the prior base. Its 50 DMA line ($53.71) 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  
$29.69 -0.69
-2.27%

$31.40

1,359,043
255.94% of 50 DAV
50 DAV is 531,000
$32.03
-7.30%
6/20/2018 $30.72 PP = $32.13
MB = $33.74
Most Recent Note - 6/21/2018 1:19:53 PM
Y - Adding to an impressive spurt of volume-driven gains above its 50 DMA line and very little resistance remains. New pivot point cited was 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 still needed to trigger a proper 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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