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AFTER MARKET UPDATE - THURSDAY, JUNE 28TH, 2018
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Indices NYSE Nasdaq
DOW  +98.46 24,216.05 +0.41% Volume 809,096,310 -10% Volume 2,205,477,130 -4%
NASDAQ +58.60 7,503.68 +0.79% Advancers 1,787 60% Advancers 1,642 55%
S&P 500 +16.68 2,716.31 +0.62% Decliners 1,194 40% Decliners 1,337 45%
Russell 2000 +4.56 1,645.02 +0.28% 52 Wk Highs 40   52 Wk Highs 46  
S&P 600 +2.86 1,020.22 +0.28% 52 Wk Lows 155   52 Wk Lows 136  

Indices Rose With Lighter Volume on NYSE and Nasdaq Exchange

Stocks finished higher Thursday. The Dow rose 98 points to 24216, while the S&P 500 added 17 points to 2716. The Nasdaq Composite gained 59 points to 7503. The volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by a 3-2 margin on the NYSE and by an 8-7 margin on the Nasdaq exchangeNew 52-week lows again outnumbered new 52-week highs on the Nasdaq exchange and on the NYSE.  There were 11 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 21 on the prior session. The major indices (M criteria) have seen the latest rally come under pressure again while leadership (stocks hitting new highs) has thinned. 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 recently violated its 200-day moving average (DMA) line. That long-term average is a likely place to expect a bounce, meanwhile, the prior lows define the next important near-term support to watch. Damaging losses and further technical deterioration would be an ominous sign.
 
The major averages advanced despite softer updates on the economy and continued trade uncertainty. On the data front, the final revision to first-quarter GDP showed the U.S. economy expanded at a pace of 2.0%, compared to the prior estimate of 2.2%, amid the weakest consumer spending in almost five years. A separate release showed initial jobless claims rose to 227,000 in the prior week, above forecasts and last week’s 218,000 number. A reading on manufacturing activity in the Kansas City Fed region came in slightly above expectations for June.

Nine of 11 S&P 500 sectors ended in positive territory with Telecoms and Technology shares pacing gains. Financials also outperformed, and broke a record streak of 13 consecutive days of losses. The Health Care sector pared early session declines despite a big drop in Walgreens (WBA -9.90%) on news that Amazon (AMZN +2.47%) agreed to purchase an online pharmacy startup, PillPack. In earnings, IT consulting firm Accenture (ACN +5.90%) and spice maker McCormick (MKC +8.40%) both rose after they beat profit projections.

Treasuries were modestly weaker with the yield on the 10-year note rising one basis point to 2.84%. In commodities, WTI crude climbed 0.8% to $73.32/barrel. COMEX gold slipped 0.5% to $1249.60/ounce despite a weaker dollar.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.


Retail, Tech, and Financial Groups Rose

The Retail Index ($RLX +1.32%) outpaced financial groups on Thursday as the Bank Index ($BKX +0.59%) and Broker/Dealer Index ($XBD +0.17%) edged higher. The tech sector was led by the Networking Index ($NWX +1.22%) while the Semiconductor Index ($SOX +0.86%) and the Biotech Index ($BTK +0.55%) each posted a smaller gain. Commodity-linked groups sputtered as the Oil Services Index ($OSX -0.32%), Integrated Oil Index ($XOI -0.15%), and the Gold & Silver Index ($XAU -0.13%) each ended slightly lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX +1.22%) rebounded near its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  154.81 -0.50 -0.32% +3.52%
Integrated Oil $XOI  1,502.73 -2.28 -0.15% +12.52%
Semiconductor $SOX  1,311.64 +11.13 +0.86% +4.68%
Networking $NWX  538.75 +6.48 +1.22% +9.83%
Broker/Dealer $XBD  274.36 +0.47 +0.17% +3.44%
Retail $RLX  2,202.30 +28.69 +1.32% +27.02%
Gold & Silver $XAU  79.83 -0.10 -0.13% -6.38%
Bank $BKX  104.07 +0.60 +0.58% -2.47%
Biotech $BTK  4,661.61 +25.72 +0.55% +10.41%


Holding its Ground in Tight Range Near All-Time High

N V 5 Global Inc (NVEE -$0.20 or -0.29% to $68.50) is still holding its ground in a tight range perched near its all-time high. Confirming gains above the new pivot point cited must be backed by at least +40% above average volume to trigger a proper new (or add-on) technical buy signal. Its 50-day moving average (DMA) line ($63.07) defines near-term support above the prior low ($56.65 on 5/15/18). It was last shown in this FSU section on 5/11/18 with an annotated graph under the headline, "Encountered Distributional Pressure After Hitting New High". It was highlighted in yellow with new pivot point cited based on its 10/31/17 high plus 10 cents in the 4/09/18 mid-day report (read here).

Recently it reported earnings +51% on +48% sales revenues for the Mar '18 quarter, continuing its strong earnings track record witrh the 4th quarter in a row above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Its strong annual earnings (A criteria) history was previously noted.

This Hollywood, FL based Commercial Services / Consulting firm completed new Public Offerings on 5/22/15 and on 5/13/16, and none since. There are only 11 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 186 in Jun '17 to to 213 in Mar '18, a reassuring sign concerning the I criteria.
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  
$14.55 -0.05
-0.34%

$14.85

148,340
220.74% of 50 DAV
50 DAV is 67,200
$15.60
-6.73%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/28/2018 12:11:59 PM
Y - Near its 50 DMA line ($14.79) with today's gain after 5 consecutive losses marked by above average volume. Its prior low ($14) and 200 DMA line ($13.94) define the next important support level. 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  
$62.12 +0.95
1.55%

$63.01

96,417
127.70% of 50 DAV
50 DAV is 75,500
$67.88
-8.49%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 6/25/2018 5:47:39 PM
G - Color code is changed to green after slumping below its 50 DMA line ($64.89). Testing its 200 DMA line ($62.39) and prior lows where more damaging losses would raise greater concerns. Its Relative Strength has slumped to 69.
>>> 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  
$291.65 +2.32
0.80%

$293.14

654,710
118.82% of 50 DAV
50 DAV is 551,000
$329.65
-11.53%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 6/25/2018 5:49:59 PM
G - Pulled back from its all-time high and violated Its 50 DMA line ($304.45) with a gap down and volume-driven loss triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. 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  
$11.04 -0.02
-0.18%

$11.17

176,957
100.54% of 50 DAV
50 DAV is 176,000
$11.59
-4.75%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/28/2018 12:36:22 PM
Y - Consolidating and still well above the prior high ($10.70 on 4/19/18) and its 50 DMA line ($10.64) defining 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  
$123.02 +1.73
1.43%

$123.23

353,757
85.66% of 50 DAV
50 DAV is 413,000
$131.75
-6.63%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 6/27/2018 6:23:54 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($121.89) after recent weakness negated the prior breakout. More damaging losses would raise serious concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Average After Negating Prior Breakout - 6/27/2018
 |  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  
$210.92 +2.51
1.20%

$211.08

669,047
52.93% of 50 DAV
50 DAV is 1,264,000
$222.92
-5.38%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 6/27/2018 3:35:44 PM
Y - Undercut prior highs and slumped back into the prior base with a streak of 5 consecutive losses raising some concerns. Its 50 DMA line ($206) and prior lows define the next important support areas to watch.
>>> 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  
$197.10 +3.92
2.03%

$197.75

2,621,095
73.15% of 50 DAV
50 DAV is 3,583,000
$204.00
-3.38%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/27/2018 3:38:14 PM
G - Pulling back from its all-time high toward its 50 DMA line (191). Below that short-term average the prior low ($186.60 on 5/29/18) defines the next important support to watch.
>>> 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  
$132.74 +1.72
1.31%

$133.12

6,575,291
90.47% of 50 DAV
50 DAV is 7,268,000
$136.69
-2.89%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 6/25/2018 5:53:45 PM
G - Big volume-driven loss today tested its 50 DMA line ($130.22) while retreating from its all-time high. Prior highs in the $126 area and its 50 DMA line ($130) 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  
$31.99 -0.03
-0.09%

$32.29

649,701
96.68% of 50 DAV
50 DAV is 672,000
$36.45
-12.24%
6/15/2018 $35.44 PP = $34.87
MB = $36.61
Most Recent Note - 6/25/2018 5:44:34 PM
Y - Pulled back today for a 3rd consecutive loss. Stalled after featured in the 6/15/18 mid-day report as it clinched a technical buy signal. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> 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  
$56.20 +1.50
2.74%

$56.55

493,157
137.87% of 50 DAV
50 DAV is 357,700
$60.28
-6.76%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 6/28/2018 12:28:13 PM
G - Color code is changed to green after slumping below its 50 DMA line ($55.86) and testing its 200 DMA line ($53.75). A prompt rebound above the 50 DMA line is needed for its outlook to improve.
>>> 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  
$697.45 -4.33
-0.62%

$707.99

20,103
105.81% of 50 DAV
50 DAV is 19,000
$739.89
-5.74%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 6/28/2018 12:34:52 PM
G - Volume totals have still been cooling while stubbornly holding its ground perched near its all-time high. Its 50 DMA line ($657) 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  
$248.35 +1.85
0.75%

$250.00

278,632
91.66% of 50 DAV
50 DAV is 304,000
$285.75
-13.09%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/28/2018 6:18:03 PM
G - Halted its slide at its 50 DMA line ($248) after a damaging loss last week. Below that important short-term average prior highs in the $233 area which define support to watch on pullbacks.
>>> 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  
$292.45 +5.05
1.76%

$292.90

55,499
52.86% of 50 DAV
50 DAV is 105,000
$314.60
-7.04%
6/20/2018 $285.80 PP = $314.70
MB = $330.44
Most Recent Note - 6/27/2018 3:32:19 PM
Y - Quietly consolidating near its 50 DMA line ($290). Below that important short-term average the prior high ($285.70 on 4/26/18) defines the next important support to watch. A new pivot point was cited based on its 5/16/18 high plus 10 cents. Subsequent volume-driven gains for a new high are needed to trigger a new (or add-on) technical buy signal.
>>> 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  
$42.15 -0.04
-0.09%

$43.06

3,060,079
134.63% of 50 DAV
50 DAV is 2,273,000
$49.60
-15.02%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 6/25/2018 6:01:00 PM
G - Gapped down today for a 3rd consecutive loss 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  
$395.42 +5.03
1.29%

$396.90

12,200,709
134.49% of 50 DAV
50 DAV is 9,072,000
$423.21
-6.57%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/28/2018 12:04:49 PM
G - Churned heavy volume while abruptly retreating from its all-time high. It is extended from any sound base. Its 50 DMA line ($349) defines near-term support to watch above the prior high ($338.82 on 4/18/18).
>>> 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  
$282.09 +0.62
0.22%

$283.37

324,863
52.48% of 50 DAV
50 DAV is 619,000
$293.81
-3.99%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/26/2018 12:08:35 PM
G - Abruptly retreated from its all-time high with a volume-driven loss on the prior session breaking a streak of 9 consecutive gains. Very extended from the latest base. Its prior high ($255 on 4/26/18) and 50 DMA line ($256.37) coincide defining important near-term support to watch.
>>> 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  
$99.54 -1.19
-1.18%

$101.80

888,520
53.20% of 50 DAV
50 DAV is 1,670,000
$103.99
-4.28%
6/4/2018 $75.96 PP = $78.38
MB = $82.30
Most Recent Note - 6/28/2018 3:57:23 PM
G - Volume totals have still been cooling while stubbornly holding its ground near its all-time high. Reported earnings +133% on +27% sales revenues for the Apr '18 quarter.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High After Big Gap Up and Volume-Driven Gain - 6/25/2018
 |  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  
$172.41 +4.44
2.64%

$173.80

1,489,407
79.82% of 50 DAV
50 DAV is 1,866,000
$188.59
-8.58%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 6/26/2018 5:25:25 PM
G - Color code is changed to green after slumping below its 50 DMA line ($175). Only a prompt rebound above the 50 DMA line would help its outlook improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recent Slump Below 50-Day Average Hurt Outlook - 6/26/2018
 |  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  
$68.50 -0.20
-0.29%

$69.05

27,133
35.24% of 50 DAV
50 DAV is 77,000
$71.90
-4.73%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 6/28/2018 6:16:18 PM
Y - Volume totals have been cooling while stubbornly holding its ground in a tight range perched near its all-time high. Confirming gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Its 50 DMA line ($63.07) defines near-term support above the prior low ($56.65 on 5/15/18). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Holding its Ground in Tight Range Near All-Time High - 6/28/2018
 |  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  
$204.92 +3.80
1.89%

$205.76

1,103,865
81.95% of 50 DAV
50 DAV is 1,347,000
$217.40
-5.74%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 6/27/2018 3:41:03 PM
Y - Quietly sputtering below its 50 DMA line ($202.55) today raising some concerns. The prior low ($195.78 on 6/07/18) defines the next important support level.
>>> 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  
$85.00 +1.55
1.86%

$86.20

297,925
80.74% of 50 DAV
50 DAV is 369,000
$97.75
-13.04%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 6/27/2018 3:21:06 PM
G - Pulling back today near the prior high ($85.00 on 4/18/18) which defines initial support above its 50 DMA line ($81.26).
>>> 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  
$98.19 +1.75
1.81%

$98.62

2,787,555
153.58% of 50 DAV
50 DAV is 1,815,000
$121.64
-19.28%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 6/27/2018 3:13:20 PM
G - Slumping near prior lows in the $96-97 area which define near-term support above its 200 DMA line ($90.77). Damaging losses triggered technical sell signals. Only a prompt rebound above the 50 DMA line (110.88) would help its outlook improve.
>>> 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 +0.20
0.34%

$60.05

738,195
89.15% of 50 DAV
50 DAV is 828,000
$61.10
-4.50%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 6/28/2018 12:33:38 PM
Y - Met resistance near prior highs since a new pivot point was cited based on its 5/16/18 high plus 10 cents. Subsequent 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. Its 50 DMA line ($53.27) and prior low in the $53 area define near-term support to watch on pullbacks.
>>> 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  
$100.03 +2.76
2.84%

$100.62

753,248
85.50% of 50 DAV
50 DAV is 881,000
$118.45
-15.55%
6/19/2018 $113.68 PP = $118.55
MB = $124.48
Most Recent Note - 6/27/2018 3:44:12 PM
G - Today's big loss is undercutting the prior low ($98.01 on 5/23/18) triggering a technical sell signal. A prompt rebound above the 50 DMA line ($107.81) is needed for its outlook to improve. Its 200 DMA line ($93.24) is the next important support level.
>>> FEATURED STOCK ARTICLE : Slumped Below 50-Day Moving Average With Heavy Volume - 6/22/2018
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$105.58 +1.97
1.90%

$105.95

1,415,812
81.70% of 50 DAV
50 DAV is 1,733,000
$120.07
-12.07%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/25/2018 5:56:26 PM
G - Violated its 50 DMA line today with a 7th consecutive loss today with above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> 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  
$77.05 +2.84
3.83%

$77.40

743,634
140.04% of 50 DAV
50 DAV is 531,000
$82.04
-6.08%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 6/28/2018 3:47:27 PM
G - Undercut its 50 DMA line ($73.89) with today's early loss but found prompt support and managed a "positive reversal". More damaging losses would raise greater concerns and the prior high ($68.75 on 3/22/18) defines 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  
$30.55 +0.55
1.83%

$31.02

153,246
124.59% of 50 DAV
50 DAV is 123,000
$31.65
-3.48%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 6/28/2018 12:30:35 PM
Y - Still holding its ground near the previously cited pivot point. Near term support to watch is at its 50 DMA line ($29.50).
>>> 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  
$82.48 +1.81
2.24%

$82.83

7,373,899
89.27% of 50 DAV
50 DAV is 8,260,000
$87.55
-5.79%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 6/28/2018 12:41:49 PM
Y - Pulled back from its all-time high testing its 50 DMA line ($80.39). Since first featured on 5/18/18 it has not flashed confirming gains above the pivot point backed by at least +40% above average volume to confirm a proper technical buy signal.
>>> 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  
$72.95 +0.40
0.55%

$73.70

820,429
94.96% of 50 DAV
50 DAV is 864,000
$77.50
-5.87%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 6/28/2018 12:39:10 PM
G - Very extended from any sound base. Its 50 DMA line ($69.18) 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  
$44.42 +1.56
3.64%

$44.90

9,605,702
207.11% of 50 DAV
50 DAV is 4,638,000
$54.24
-18.10%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/27/2018 3:08:58 PM
Y - Testing its 50 DMA line ($42.70) today. Slumped below prior the high ($46.69 on 8/08/17) and back into the prior base with damaging volume-driven losses this week raising concerns.
>>> 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  
$61.20 +1.40
2.34%

$61.40

174,222
78.83% of 50 DAV
50 DAV is 221,000
$68.00
-10.00%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 6/25/2018 6:05:40 PM
G - Slumped below its 50 DMA line ($62.86) with a streak of 3 consecutive losses raising concerns and triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> 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  
$54.55 +2.45
4.70%

$55.65

2,689,288
105.34% of 50 DAV
50 DAV is 2,553,000
$67.41
-19.08%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/27/2018 3:05:41 PM
G - Violating its 50 DMA line ($54.39) today with another damaging volume-driven loss triggering a technical sell signal. Testing prior highs in the $52 area previously noted as the next important support to watch. A prompt rebound above its 50 DMA line is needed for its outlook to improve.
>>> 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  
$26.74 +0.49
1.87%

$26.84

576,482
100.78% of 50 DAV
50 DAV is 572,000
$32.03
-16.51%
6/20/2018 $30.72 PP = $32.13
MB = $33.74
Most Recent Note - 6/27/2018 3:24:20 PM
G - Color code is changed to green while slumping below its 50 DMA line ($27.34) with today's loss on light volume. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Abruptly retreated after challenging its 52-week high this week with impressive volume-driven gains. 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. 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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