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AFTER MARKET UPDATE - WEDNESDAY, JULY 15TH, 2015
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Indices NYSE Nasdaq
DOW  -3.41 18,050.17 -0.02% Volume 750,655,810 +10% Volume 1,543,694,310 -0%
NASDAQ -5.95 5,098.94 -0.12% Advancers 1,238 39% Advancers 1,069 35%
S&P 500 -1.55 2,107.40 -0.07% Decliners 1,851 58% Decliners 1,903 62%
Russell 2000 -8.81 1,264.52 -0.69% 52 Wk Highs 110   52 Wk Highs 142  
S&P 600 -5.53 722.54 -0.76% 52 Wk Lows 107   52 Wk Lows 65  

Major Indices Ended Slightly Lower

Stocks turned south in the final minutes of trading. The Dow lost 3 points to 18050. The S&P 500 fell 1 point to 2107. The NASDAQ retreated 5 points to 5098. Volume totals were reported mixed, higher than the prior session total on the NYSE and slightly lower on the Nasdaq exchange. Decliners led advancers by a 3-2 margin on the NYSE and by nearly 2-1 on the Nasdaq exchange. There were 78 high-ranked companies from the Leaders List that made new 52-week highs and appeared on the BreakOuts Page, down from the prior session total of 97 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE and more convincingly on the Nasdaq exchange. There were gains for 5 of the 12 high-ranked companies currently on the Featured Stocks Page 

The Nasdaq Composite Index's solid gain on Monday of +1.48% can be considered a follow-through day on Day 5 of a new rally attempt, confirming a new uptrend. Broad strength has helped the major averages (M criteria) rebound above their respective 50-day moving average (DMA) lines while leadership (stocks hitting new 52-week highs) expanded impressively. The Dow Jones Industrial Average and S&P 500 Index both found prompt support near their respective 200 DMA lines, a reassuring sign that the institutional crowd still has an appetite for buying stocks.

Disciplined investors may now stand ready to buy only the strongest stocks meeting all of the key fundamental and technical criteria. New matches with the fact-based investment system will be added to the Featured Stocks Page as market action dictates.

Charts courtesy www.stockcharts.com

PICTURED: The Nasdaq Composite Index is perched -1.27% off its record high. Its MACD indicator recently turned bullish.

The major averages pared marginal gains to head lower as Greek protestors began rioting in Athens. Domestically, Fed Chair Janet Yellen reiterated her anticipation of a 2015 rate increase during her semi-annual Congressional testimony. Separately, the Fed’s Beige Book indicated moderate to modest growth in the 12 Fed regions for May and June.

Other economic data showed wholesale prices rose 0.4%, more than expected, while industrial production and capacity utilization notched minor gains.

Six of 10 S&P 500 sectors were lower. In earnings, Yum! (YUM -3%) fell on fears of slow growth in China. Ahead of their earnings report, Netflix (NFLX -2.2%) fell. Bank of America (BAC +3.2%) and CSX (CSX +1%) both rose after positive profit tallies from both.

In other news, Celgene (CELG +7%) jumped after making a $7.2 billion takeout offer for Receptos (RCPT +11.1%). PayPal (PYPLV +1.6%) rose amid reports that S&P will include the stock in their indices.

Treasuries rose on bargain hunting. The benchmark 10-year note gained 13/32 to yield 2.36%.

In commodities, WTI crude tumbled 3% lower to $51.46/barrel. COMEX gold lost 0.5% to $1147.90/ounce on the heels of dollar strength.

The Featured Stocks Page shows the most current notes with headline links which direct members into the more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports published.


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.


Bank Index Rose; Commodity-Linked Groups Led Broader Losses

The Bank Index ($BKX +1.18%) rose but the Broker/Dealer Index ($XBD -0.27%) and the Retail Index ($RLX -0.11%) both ended slightly lower on Wednesday. The Biotechnology Index ($BTK +0.48%) ended slightly higher, but the Semiconductor Index ($SOX -0.62%), and the Networking Index ($NWX -0.47%) finished with modest losses. The Oil Services Index ($OSX -3.98%) and the Integrated Oil Index ($XOI -1.62%) faced bigger losses, and the Gold & Silver Index ($XAU -2.81%) was also a laggard as it ended lower. 
Charts courtesy www.stockcharts.com 

PICTURED: The Semiconductor Index ($SOX -0.62%) slumped below its 200-day moving average line due to recent weakness in the chip group..

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  185.89 -7.72 -3.99% -11.85%
Integrated Oil $XOI  1,269.55 -20.90 -1.62% -5.83%
Semiconductor $SOX  667.02 -4.14 -0.62% -2.89%
Networking $NWX  373.67 -1.77 -0.47% +4.40%
Broker/Dealer $XBD  200.79 -0.55 -0.27% +8.75%
Retail $RLX  1,180.03 -1.26 -0.11% +14.26%
Gold & Silver $XAU  57.35 -1.65 -2.80% -16.62%
Bank $BKX  78.96 +0.92 +1.18% +6.33%
Biotech $BTK  4,356.53 +20.63 +0.48% +26.68%


Extended From Prior Base and Perched at High

Acadia Healthcare Inc (ACHC -$0.58 or -0.71% to $80.65) is holding its ground above its "max buy" level and it touched a new all-time high today. Prior highs in the $74-75 area define near-term support to watch above its 50-day moving average (DMA) line ($73.90). It was last shown in this FSU section on 6/19/15 with an annotated graphs under the headline, "Signs of Demand With Volume-Driven Gain for New Highs". Its strong gain was backed by +97% above average volume as it rallied above the pivot point cited and triggered a technical buy signal.

ACHC has a small supply of only 50.8 million shares (S criteria) in the public float. Leadership in the Medical / Outpatient/Home Care industry group is a reassuring sign (L criteria) as the group has earned an 90 Group Relative Strength Rating. The number of top-rated funds owning its shares rose from 364 on Jun '14 to 475 in Jun '15, a reassuring sign concerning the I criteria. It completed a new Public Offering on 5/05/15, and such offerings typically hinder a stock's progress for the short-term, however, the upshot is that the underwriters help companies attract greater interest from the institutional crowd.
 
It reported earnings increases of +23%, +53%, +59%, and +54% in the Jun, Sep, Dec '14 and Mar '15 quarters, respectively. Having 3 or 4 quarterly comparisons with increases above the +25% minimum guideline satisfied the C criteria. Sales revenues increases during that span were also up +20%, +59%, +55%, and +82%, showing encouraging acceleration. Keep in mind that it is due to report earnings on 7/27/15, and volume and volatility often increase near earnings news. Since tallying a loss in FY '11 its annual earnings (A criteria) have been strong.
 

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
GSBC - NASDAQ
Great Southern Bancorp
BANKING - Savings and Loans  
$42.45 +0.05
0.12%

$42.96

20,700
66.77% of 50 DAV
50 DAV is 31,000
$42.96
-1.19%
4/27/2015 $40.94 PP = $40.54
MB = $42.57
Most Recent Note - 7/14/2015 12:19:21 PM

G - Holding its ground near its "max buy" level and 52-week high after finding support near prior highs in the $41 area and its 50 DMA line. Damaging losses leading to violations would trigger technical sell signals.


>>> FEATURED STOCK ARTICLE : Finding Support Near Prior Highs and 50-Day Moving Average - 7/9/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BOFI - NASDAQ
B O F I Holding Inc
BANKING - Savings andamp; Loans  
$110.99 +0.64
0.58%

$111.78

116,137
67.13% of 50 DAV
50 DAV is 173,000
$111.34
-0.31%
6/10/2015 $101.47 PP = $97.78
MB = $102.67
Most Recent Note - 7/10/2015 3:30:41 PM
G - Hit another new high today, getting more extended from its prior base. Prior highs near $97 define important support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Hitting New Highs and Getting More Extended From a Sound Base - 7/10/2015
 |  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  
$74.31 -0.81
-1.08%

$75.26

313,913
70.70% of 50 DAV
50 DAV is 444,000
$75.89
-2.08%
5/18/2015 $67.42 PP = $70.59
MB = $74.12
Most Recent Note - 7/13/2015 4:01:32 PM
Y - Wedged into new high territory with light volume behind today's 3rd consecutive small gain. A violation of the 50 DMA line ($70.24) would raise greater concerns and trigger technical sell signals. Due to report earnings on 08/03/15, and volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : 50 DMA Line Defines Support - 6/30/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ILMN - NASDAQ
Illumina Inc
DRUGS - Biotechnology  
$229.08 -0.18
-0.08%

$232.00

1,093,417
87.61% of 50 DAV
50 DAV is 1,248,000
$230.33
-0.54%
6/8/2015 $209.97 PP = $213.43
MB = $224.10
Most Recent Note - 7/14/2015 5:48:51 PM
G - Color code is changed to green after rallying above its "max buy" level for new highs today with above average volume. Prior highs and its 50 DMA line define near-term support.
>>> FEATURED STOCK ARTICLE : Still Above Near-Term Support After Pullback on Higher Volume - 7/8/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
VRX - NYSE
Valeant Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$235.84 -0.91
-0.38%

$237.26

1,600,777
102.35% of 50 DAV
50 DAV is 1,564,000
$246.01
-4.13%
7/14/2015 $236.75 PP = $246.11
MB = $258.42
Most Recent Note - 7/14/2015 5:45:33 PM
Y - Color code is changed to yellow with new pivot point cited based on its 5/28/15 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Gains above its 50 DMA line were backed by light volume. Damaging losses below the recent low ($219.56 on 6/29/15) would raise concerns and trigger a more worrisome technical sell signal. See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : New Base Has Formed and Earnings News is Due Soon - 7/14/2015
 |  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
AMBA - NASDAQ
Ambarella Inc
ELECTRONICS - Semiconductor - Specialized  
$106.21 -1.27
-1.18%

$111.50

5,494,490
146.48% of 50 DAV
50 DAV is 3,751,000
$128.06
-17.06%
5/1/2015 $75.99 PP = $77.49
MB = $81.36
Most Recent Note - 7/14/2015 5:47:30 PM
G - Finished near the session high today with a big gain on higher (near average) volume. Found support well above its 50 DMA line ($95.69). Damaging violations of the 50 DMA line and recent low ($93.06 on 6/22/15) would trigger more worrisome technical sell signals.
>>> FEATURED STOCK ARTICLE : Holding Ground After Big Pullback on Heavy Volume Triggered Technical Sell Signal - 6/25/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ACHC - NASDAQ
Acadia Healthcare Inc
HEALTH SERVICES - Specialized Health Services  
$80.65 -0.58
-0.71%

$81.76

432,850
50.16% of 50 DAV
50 DAV is 863,000
$81.61
-1.18%
5/27/2015 $73.90 PP = $74.19
MB = $77.90
Most Recent Note - 7/13/2015 6:36:01 PM
G - Holding its ground above its "max buy" level and it touched a new all-time high today. Prior highs in the $74-75 area define near-term support to watch above its 50 DMA line ($73.44).
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched at High - 7/15/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
APOG - NASDAQ
Apogee Enterprises
MATERIALS and CONSTRUCTION - General Building Materials  
$52.67 +0.29
0.55%

$52.68

246,458
82.70% of 50 DAV
50 DAV is 298,000
$61.05
-13.72%
4/9/2015 $49.58 PP = $48.13
MB = $50.54
Most Recent Note - 7/13/2015 6:33:55 PM
G - Still quietly sputtering below its 50 DMA line ($54.89). A rebound above the 50 DMA line is needed to help its outlook improve. Damaging losses below recent low ($50.07 on 7/07/15) would raise greater concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering After Damaging 50-Day Moving Average Violation - 7/13/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
JLL - NYSE
Jones Lang Lasalle Inc
REAL ESTATE - Property Management/Developmen  
$174.79 -1.54
-0.87%

$176.32

245,708
70.40% of 50 DAV
50 DAV is 349,000
$177.11
-1.31%
6/4/2015 $172.34 PP = $174.93
MB = $183.68
Most Recent Note - 7/13/2015 3:58:39 PM
Y - Touched a new high today but its gain is backed by light volume. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Did Not Trigger a New Technical Buy Signal - 6/29/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ULTA - NASDAQ
Ulta Salon Cosm & Frag
SPECIALTY RETAIL - Specialty Retail, Other  
$168.25 +1.25
0.75%

$168.33

731,499
90.76% of 50 DAV
50 DAV is 806,000
$167.72
0.32%
5/29/2015 $155.03 PP = $159.95
MB = $167.95
Most Recent Note - 7/13/2015 4:08:45 PM
Y - Hit yet another new all-time high with slightly above average volume today's 8th gain in the span of 9 sessions. It is clear of resistance due to overhead supply.
>>> FEATURED STOCK ARTICLE : Still Consolidating Above 50-Day Moving Average Line - 6/22/2015
 |  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
LXFT - NYSE
Luxoft Holding Inc Cl A
Comp Sftwr-Spec Enterprs  
$61.03 -1.96
-3.11%

$62.97

242,624
100.67% of 50 DAV
50 DAV is 241,000
$63.00
-3.13%
5/26/2015 $51.90 PP = $57.40
MB = $60.27
Most Recent Note - 7/13/2015 4:04:44 PM
G - Color code is changed to green after rising above its "max buy" level with today's 3rd consecutive gain. Its 50 DMA line and recent lows near $54 define important near-term support where subsequent violations would trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Quietly Consolidating Near Highs With No Overhead Supply - 6/17/2015
 |  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  
$185.14 +0.89
0.48%

$185.93

1,160,525
80.20% of 50 DAV
50 DAV is 1,447,000
$186.36
-0.66%
3/27/2015 $146.44 PP = $149.45
MB = $156.92
Most Recent Note - 7/10/2015 3:32:06 PM
G - Posted a 3rd consecutive gain today while consolidating above its 50 DMA line defining near-term support. Any damaging violation would raise concerns and trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Higher Volume Loss a Sign of Distributional Pressure - 6/26/2015
 |  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.

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