Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - FRIDAY, JULY 14TH, 2017
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +84.65 21,637.74 +0.39% Volume 674,480,720 -12% Volume 1,616,229,830 -10%
NASDAQ +38.03 6,312.47 +0.61% Advancers 2,114 72% Advancers 1,504 55%
S&P 500 +11.44 2,459.27 +0.47% Decliners 822 28% Decliners 1,229 45%
Russell 2000 +3.16 1,428.82 +0.22% 52 Wk Highs 184   52 Wk Highs 151  
S&P 600 +2.35 862.70 +0.27% 52 Wk Lows 8   52 Wk Lows 34  

Dow and S&P 500 Index Hit New record Highs

For the week, the Dow was up 1%, the S&P 500 added 1.4% and the Nasdaq Composite gained 2.6%. Stocks finished higher on Friday. The Dow was up 84 points to 21637. The S&P 500 added 11 points to 2459 and the Nasdaq Composite gained 38 points to 6312. The volume totals reported were lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Advancers led decliners by more than a 5-2 margin on the NYSE and by a 5-4 margin on the Nasdaq exchange. There were 54 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 47 on the prior session. New 52-week highs totals expanded and solidly outnumbered a shrinking list of new 52-week lows on the NYSE and on the Nasdaq exchange.
Charts used courtesy of www.stockcharts.com


PICTURED: The S&P 500 Index found support near its 50-day moving average line recently and quietly rallied to a new record high.

The major averages (M criteria) are in a confirmed uptrend. Any sustainable rally requires market leadership (a large number of high-ranked stocks hitting new highs), and the solid new highs totals have been a sign of a healthy market. New buying efforts should only be made in stocks meeting all fundamental and technical criteria of the fact-based investment system. ThFeatured Stocks Page lists noteworthy high-ranked leaders.

The Dow and S&P 500 advanced on Friday, notching fresh record highs as second-quarter earnings officially kicked off. According to FactSet, overall profits for the S&P 500 are anticipated to increase 6.3% in the second quarter. On the data front, a gauge of inflation showed that consumer prices were unchanged in June, following a 0.1% decline in May. In a separate release, retail sales fell 0.2% last month, below expectations. Finally, the University of Michigan preliminary report on consumer sentiment came in at 93.1.

Ten of 11 sectors in the S&P 500 ended in positive territory. Technology stocks outperformed with Microsoft (MSFT +1.41%) rising. NetApp (NTAP +5.44%) rallied after being added to the Conviction Buy List at Goldman Sachs (GS -0.78%). In the consumer space, Wal-Mart (WMT +1.72%) rose after being the subject of positive analyst commentary. Financials finished lower amid mixed earnings from banks. JP Morgan Chase & Co (JPM -0.91%) slid as the investment bank lowered expectations for its lending income. Citigroup (C -0.45%) edged lower after reporting a drop in quarterly trading revenue.

Treasuries advanced with the benchmark 10-year note up 6/32 to yield 2.32%. In commodities, NYMEX WTI crude added 1.1% to $46.57/barrel. In FOREX, the Dollar Index fell 0.6%.

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.


Semiconductor Index and Commodity-Linked Groups Led Gainers

On Friday the Retail Index ($RLX +0.16%) eked out a small gain while the Broker/Dealer Index ($XBD -0.55%) and the Bank Index ($BKX -0.70%) both ended lowerThe tech sector was mixed as the Semiconductor Index ($SOX +1.30%) posted a solid gain but the Networking Index ($NWX -0.31%) and the Biotechnology Index ($BTK -0.29%) both edged lower. Commodity-linked groups had a positive bias as the Gold & Silver Index ($XAU +1.72%), Oil Services Index ($OSX +1.27%) and the Integrated Oil Index ($XOI +0.59%) posted unanimous gains.

Charts courtesy www.stockcharts.com

PICTURED: ThRetail Index ($RLX +0.16%) is rebounding toward its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  134.47 +1.68 +1.27% -26.83%
Integrated Oil $XOI  1,119.50 +6.55 +0.59% -11.71%
Semiconductor $SOX  1,104.32 +14.19 +1.30% +21.83%
Networking $NWX  452.03 -1.39 -0.31% +1.33%
Broker/Dealer $XBD  228.38 -1.27 -0.55% +11.25%
Retail $RLX  1,486.63 +2.41 +0.16% +10.70%
Gold & Silver $XAU  80.80 +1.37 +1.72% +2.46%
Bank $BKX  96.29 -0.68 -0.70% +4.90%
Biotech $BTK  3,909.04 -11.32 -0.29% +27.12%


New Highs on Twice Average Volume; Fundamental Concerns Remain

BioTelemetry Inc (BEAT +$2.10 or +6.50% to $34.40) hit a new high with twice its average daily volume behind today's big gain. Bullish action has continued even though it recently raised fundamental concerns with sub par Mar '17 earnings -20% from the year ago period. Its 50-day moving average (DMA) line ($29.89) and prior lows in the $26.50 - $27.00 area define near-term support levels to watch.

BEAT was last shown in this FSU section on 6/01/17 with an annotated graph under the headline, "Lingering Below 50-Day Moving Average Line".  It currently has a Timeliness Rating of C and a Sponsorship Rating of B. It traded up as much as +38.4% since highlighted in yellow with pivot point cited based on its 10/05/16 high plus 10 cents in the 2/14/17 mid-day report (read here).

Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under slight accumulation over the past 50 days. The number of top-rated funds owning its shares rose from 194 in Dec '15 to 278 in Jun '17. Increasing ownership by top-rated funds is a reassuring sign concerning the I criteria, and it has a small supply (S criteria) of only 28.7 million shares outstanding.

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
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$105.44 +1.53
1.47%

$105.76

446,184
54.48% of 50 DAV
50 DAV is 819,000
$115.74
-8.90%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 7/14/2017 3:03:21 PM
G - Color code is changed to green after quietly rebounding above its "max buy" level. Faces resistance due to overhead supply up through the $115 level.
>>> FEATURED STOCK ARTICLE : Some Overhead Supply Remains After Latest Technical Breakout - 6/8/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SBCF - NASDAQ
Seacoast Banking Corp Fl
BANKING - Regional - Mid-Atlantic Banks  
$23.82 -0.12
-0.50%

$24.00

126,837
42.28% of 50 DAV
50 DAV is 300,000
$25.88
-7.96%
6/9/2017 $24.13 PP = $25.98
MB = $27.28
Most Recent Note - 7/14/2017 3:00:58 PM
Y - Still quietly consolidating near its 50 DMA line ($23.74) and perched within striking distance of the new pivot point cited based on its 4/25/17 high. Previously noted - "Subsequent volume-driven gains for new highs may trigger a new technical buy signal. "
>>> FEATURED STOCK ARTICLE : Florida Bank Perched -6.6% Off All-Time High - 7/6/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BERY - NYSE
Berry Global Group Inc
CONSUMER NON-DURABLES - Packaging and Containers  
$57.62 -0.28
-0.48%

$57.93

1,214,308
118.93% of 50 DAV
50 DAV is 1,021,000
$58.95
-2.26%
7/14/2017 $57.67 PP = $59.05
MB = $62.00
Most Recent Note - 7/14/2017 2:59:47 PM
Y - New pivot point is cited based on its 6/05/17 high plus 10 cents. Volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Volume totals have generally been cooling while consolidating above its 50 DMA line ($57.33). More damaging losses below the recent low ($56.14 on 7/06/17) would raise greater concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Found Prompt Support at 50-Day Moving Average Line - 7/7/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EW - NYSE
Edwards Lifesciences Cp
HEALTH SERVICES - Medical Appliances and Equipment  
$116.92 +0.89
0.77%

$117.35

864,239
77.27% of 50 DAV
50 DAV is 1,118,400
$121.75
-3.97%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 7/13/2017 12:03:49 PM
Y - Color code was changed to yellow with new pivot point based on its 10/10/16 all-time high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal which could mark the beginning of a considerable new leg up. Volume totals have been mostly below average in recent weeks while holding its ground in a tight range perched within close striking distance of its all-time high. Its 50 DMA line ($115.38) defines near-term support to watch above recent lows in the $112 area.
>>> FEATURED STOCK ARTICLE : Medical Products Firm Perched Near All-Time High - 6/26/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$310.35 +3.00
0.98%

$313.00

854,136
62.39% of 50 DAV
50 DAV is 1,369,000
$337.55
-8.06%
6/8/2017 $310.76 PP = $307.62
MB = $323.00
Most Recent Note - 7/12/2017 6:07:31 PM
Y - Found prompt support at its 50 DMA line ($295) recently and it quietly rebounded above its pivot point. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price. Recent gains lacked great volume conviction.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Hitting New Highs - 6/9/2017
 |  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
STMP - NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services  
$149.10 +2.80
1.91%

$149.60

279,297
44.90% of 50 DAV
50 DAV is 622,000
$156.40
-4.67%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 7/12/2017 6:08:29 PM
G - Consolidating above its "max buy" level and volume totals have been cooling. Its prior high ($136 on 2/22/17) defines near term support along with its 50 DMA line ($135).
>>> FEATURED STOCK ARTICLE : Pulling Back After Getting Extended From Prior Base - 7/5/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MELI - NASDAQ
Mercadolibre Inc
INTERNET - Internet Software and; Services  
$273.58 +2.04
0.75%

$274.17

475,955
68.09% of 50 DAV
50 DAV is 699,000
$297.95
-8.18%
6/15/2017 $261.73 PP = $297.95
MB = $312.85
Most Recent Note - 7/12/2017 5:56:26 PM
G - Posted a 5th consecutive gain, and today's considerable gain had higher volume as its rebounded above its 50 DMA line ($271) helping its outlook to improve.
>>> FEATURED STOCK ARTICLE : Test of 10-Week Moving Average May Be a Secondary Buy Point - 6/15/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
China Lodging Group Ads
LEISURE - Lodging  
$85.08 +4.64
5.77%

$85.23

226,727
93.69% of 50 DAV
50 DAV is 242,000
$88.08
-3.41%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 7/14/2017 2:52:54 PM
G - Rebounding toward its prior highs after finding prompt support at its 50 DMA line ($78.69). Below that important short-term average the prior low ($75.01 on 6/15/17) defines the next support level to watch.
>>> FEATURED STOCK ARTICLE : China-Based Hotel Firm is Extended From Any Sound Base - 6/28/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BEAT - NASDAQ
BioTelemetry Inc
Medical-Services  
$34.40 +2.10
6.50%

$34.75

1,058,042
207.46% of 50 DAV
50 DAV is 510,000
$34.00
1.18%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 7/14/2017 5:42:08 PM
G - Hit a new high today with twice average volume. Its 50 DMA line ($29.89) and prior lows in the $26.50 - $27.00 area define near-term support levels to watch. Raised fundamental concerns with sub par Mar '17 earnings that were repeatedly noted. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : New Highs on Twice Average Volume; Fundamental Concerns Remain - 7/14/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$38.79 -0.01
-0.03%

$39.00

426,690
87.26% of 50 DAV
50 DAV is 489,000
$39.61
-2.07%
7/3/2017 $38.05 PP = $39.60
MB = $41.58
Most Recent Note - 7/14/2017 3:30:02 PM
Y - Holding its ground stubbornly after it touched a new high on 7/10/17 but reversed into the red. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Losses below the 50 DMA line ($36.77) and prior low ($34.08 on 5/05/17) would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Sputtering Below its 50-Day Moving Average - 6/20/2017
 |  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
MTSI - NASDAQ
Macom Tech Solution Hldg
Elec-Semiconductor Mfg  
$60.51 -0.08
-0.13%

$61.43

365,883
43.10% of 50 DAV
50 DAV is 849,000
$62.75
-3.57%
5/16/2017 $52.52 PP = $53.89
MB = $56.58
Most Recent Note - 7/12/2017 6:06:11 PM
G - Challenging prior highs with today's gain and recent gains lacking great volume conviction. Found support at its 50 DMA line ($55.67) and above the prior low ($53.61 on 6/09/17). Subsequent losses leading to violations would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Meeting Resistance Near Prior High - 6/27/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
VEEV - NYSE
Veeva Systems Inc Cl A
Computer Sftwr-Medical  
$64.25 +0.65
1.02%

$64.72

1,146,767
63.92% of 50 DAV
50 DAV is 1,794,000
$68.07
-5.61%
3/16/2017 $49.00 PP = $48.05
MB = $50.45
Most Recent Note - 7/14/2017 3:05:05 PM
G - Found support at its 50 DMA line ($61.10) during its recent consolidation. Below that important short-term average the recent low ($56.94 on 6/12/17) defines the next important support to watch.
>>> FEATURED STOCK ARTICLE : Rebounding Since Testing Support at 50-Day Moving Average Line - 6/23/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$155.11 +0.34
0.22%

$155.69

300,987
35.24% of 50 DAV
50 DAV is 854,000
$162.97
-4.82%
4/17/2017 $132.75 PP = $135.27
MB = $142.03
Most Recent Note - 7/11/2017 3:48:11 PM
G - Rebounded above its 50 DMA line ($149) recently after briefly undercutting that important short-term average. It is extended from any sound base. Prior low ($143.00 on 6/12/17) defines the next important support level to watch.
>>> FEATURED STOCK ARTICLE : Computer Networking Firm Very Extended From Any Sound Base - 6/6/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$45.78 -0.13
-0.28%

$46.41

786,545
39.91% of 50 DAV
50 DAV is 1,971,000
$47.84
-4.31%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 7/12/2017 12:33:52 PM
Y - Color code is changed to yellow after gapping up above its 50 DMA line ($44/17) today helping its outlook improve following positive analyst coverage. Endured distributional pressure recently after it briefly rose above the new pivot point cited based on its 5/08/17 high plus 10 cents. Members were previously reminded - "A confirming gain backed by at least +40% above average volume and strong close above the pivot point may clinch a technical buy signal."
>>> FEATURED STOCK ARTICLE : Found Prompt Support at 50-Day Moving Average - 6/30/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$52.30 +0.30
0.58%

$52.55

52,594
34.15% of 50 DAV
50 DAV is 154,000
$55.45
-5.68%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 7/14/2017 2:55:21 PM
Y - Found support at its 50 DMA line ($51.19) in recent weeks while quietly consolidating within close striking distance of its 52-week high. Subsequent volume-driven gains above the pivot point may trigger a new technical buy signal.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average Line - 6/5/2017
 |  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
NCOM - NASDAQ
National Commerce Corp
BANKING - Regional - Southeast Banks  
$39.95 -0.80
-1.96%

$40.40

31,894
99.67% of 50 DAV
50 DAV is 32,000
$41.25
-3.15%
4/25/2017 $38.95 PP = $40.09
MB = $42.09
Most Recent Note - 7/14/2017 3:26:03 PM
Y - Stubbornly holding its ground since hitting a new 52-week high with a gain on 7/04/17 backed by average volume. Its 50 DMA line ($38.82) and recent lows define near-term support in the $37-38 area.
>>> FEATURED STOCK ARTICLE : Recent Breakout Lacked Great Volume Conviction - 7/10/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
INGN - NASDAQ
Inogen Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$95.08 +0.86
0.91%

$95.61

147,791
75.02% of 50 DAV
50 DAV is 197,000
$97.71
-2.69%
4/17/2017 $76.77 PP = $80.04
MB = $84.04
Most Recent Note - 7/12/2017 5:53:55 PM
Y - Color code is changed to yellow with new pivot point cited based on its 6/22/17 high as it has formed an advanced "3-weeks tight" base. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Near-term support is its 50 DMA line ($89.53). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : In Tight Range Near All-Time High With Volume Totals Cooling - 7/12/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$50.96 -0.43
-0.84%

$51.85

271,816
54.04% of 50 DAV
50 DAV is 503,000
$54.95
-7.26%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 7/12/2017 6:04:33 PM
Y - Posted a big gain today with above average volume, rebounding toward its "max buy" level. Found support near prior highs in the $49 area and above its 50 DMA line ($48.36). Subsequent losses leading to violations would trigger technical sell signals
>>> FEATURED STOCK ARTICLE : High Volume Breakout Quickly Getting Extended - 6/7/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PLAY - NASDAQ
Dave & Buster's Ent Inc
Retail-Restaurants  
$66.25 +0.08
0.12%

$66.80

338,661
48.94% of 50 DAV
50 DAV is 692,000
$73.48
-9.84%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 7/14/2017 3:28:25 PM
G - A rebound above its 50 DMA line ($67.06) is still needed for its outlook to improve. Damaging losses below the recent low ($64.26 on 7/07/17) would raise greater concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Perched Near Record High After Solid April '17 Quarterly Results - 6/12/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$43.25 +0.25
0.58%

$43.40

452,918
59.28% of 50 DAV
50 DAV is 764,000
$44.08
-1.87%
3/27/2017 $32.80 PP = $33.55
MB = $35.23
Most Recent Note - 7/11/2017 3:37:58 PM
Y - Finding support recently above its 50 DMA line ($40.97). Below that important short-term average, recent lows in the $37-38 area define the next important support to watch.
>>> FEATURED STOCK ARTICLE : Recently Found Support Near 50-Day Moving Average - 6/29/2017
 |  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
LITE - NASDAQ
Lumentum Holdings Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$63.80 -0.25
-0.39%

$64.55

1,081,375
59.25% of 50 DAV
50 DAV is 1,825,000
$67.30
-5.20%
7/13/2017 $64.15 PP = $67.40
MB = $70.77
Most Recent Note - 7/13/2017 5:42:55 PM
Y - Highlighted in yellow with new pivot point cited based on its 6/09/17 high plus 10 cents in earlier mid-day report. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Rebounding near prior highs after finding support above its 50 DMA line and prior highs in the $55 area. Reported earnings +53% on +11% sales revenues for the Mar '17 quarter and fundamentals (C and A criteria) remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : High Ranked Telecom - Fiber Optics Firm - 7/13/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$41.37 +0.61
1.50%

$41.57

3,522,362
50.13% of 50 DAV
50 DAV is 7,027,000
$45.95
-9.97%
3/7/2017 $29.71 PP = $27.83
MB = $29.22
Most Recent Note - 7/11/2017 3:51:48 PM
G - Rebounded above its 50 DMA line ($38.97) during a streak of 5 consecutive gains helping its outlook to improve. Prior low ($35.02 on 6/15/17) defines the next important chart support level where a violation would raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Moving Average Line - 6/14/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HLI - NYSE
Houlihan Lokey Inc Cl A
Finance-Invest Bnk/Bkrs  
$36.59 -0.40
-1.08%

$37.02

166,217
93.91% of 50 DAV
50 DAV is 177,000
$37.25
-1.77%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 7/12/2017 6:11:22 PM
Y - Posted an 11th consecutive gain today and hit a new high while challenging its "max buy" level. Its 50 DMA line ($34.49) acted as support, but a damaging violation would raise concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Gapped Up and Nearly Challenged Prior High - 6/19/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us