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AFTER MARKET UPDATE - TUESDAY, JULY 18TH, 2017
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Indices NYSE Nasdaq
DOW  -54.99 21,574.73 -0.25% Volume 695,702,000 +1% Volume 1,752,936,913 +13%
NASDAQ +29.88 6,344.31 +0.47% Advancers 1,409 49% Advancers 1,221 43%
S&P 500 +1.47 2,460.61 +0.06% Decliners 1,488 51% Decliners 1,617 57%
Russell 2000 -3.99 1,427.61 -0.28% 52 Wk Highs 111   52 Wk Highs 107  
S&P 600 -3.15 861.97 -0.36% 52 Wk Lows 22   52 Wk Lows 33  

Nasdaq Composite Index Touches New Record High

Stocks finished mixed on Tuesday. The Dow was down 55 points to 21574. The S&P 500 added a point to 2460 and the Nasdaq Composite gained 29 points to 6344. The volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange. Decliners led advancers by a narrow margin on the NYSE and by a 4-3 margin on the Nasdaq exchange. There were 38 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 50 on the prior session. New 52-week highs totals contracted yet solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.
Charts used courtesy of www.stockcharts.com


PICTURED: The Nasdaq Composite Index hit a new record high with an 8th consecutive gain.

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 major averages fluctuated on Tuesday as investors digested a mixed start to second-quarter earnings season. Goldman Sachs slid 2.6% to $223.31 as the investment bank reported a 40% decline in fixed-income trading revenue. On the data front, import prices fell 0.2% in June, in-line with expectations. In political news, Senate Majority Leader Mitch McConnell aimed to pass a repeal-only bill against Obamacare after the latest replacement plan failed on Monday night.

Six of 11 sectors in the S&P 500 ended in negative territory. Financials underperformed with Comerica (CMA -1.97%) lower. Bank of America (BAC -0.50%) fell after posting a surprise drop in net interest income. In Health Care, Johnson & Johnson (JNJ +1.75%) rose as quarterly profit beat Wall Street forecasts. UnitedHealth Group (UNH +0.27%) inched higher after raising its full-year forecast amid strong customer retention. In the consumer space, Netflix (NFLX +13.54%) gapped up and rallied to an all-time high after adding 5.2 million new streaming customers in the quarter.

Treasuries advanced with the benchmark 10-year note up 15/32 to yield 2.26%. In commodities, NYMEX WTI crude added 0.9% to $46.44/barrel. In FOREX, the euro strengthened 0.7% against the dollar, trading above $1.15 Tuesday for the first time since May 2016.

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 Index Posted a Standout Gain

On Tuesday the Retail Index ($RLX +1.09%) was a standout gainer as it rebounded above its 50-day moving average line, meanwhile the Broker/Dealer Index ($XBD +0.39%) posted a modest gain and the Bank Index ($BKX -0.59%) fellThe tech sector was mostly positive as the Semiconductor Index ($SOX +0.35%) and Biotechnology Index ($BTK +0.25%) both posted modest gains but the Networking Index ($NWX -0.12%) edged lower. The Gold & Silver Index ($XAU +0.42%) posted a small gain while the Oil Services Index ($OSX -0.36%) fell and the Integrated Oil Index ($XOI -0.07%) finished flat.

Charts courtesy www.stockcharts.com

PICTURED: Th Broker/Dealer Index ($XBD +0.39%) is perched at its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  134.21 -0.48 -0.36% -26.98%
Integrated Oil $XOI  1,116.51 -0.80 -0.07% -11.95%
Semiconductor $SOX  1,103.35 +3.80 +0.35% +21.72%
Networking $NWX  451.67 -0.53 -0.12% +1.25%
Broker/Dealer $XBD  229.53 +0.90 +0.39% +11.81%
Retail $RLX  1,511.15 +16.25 +1.09% +12.52%
Gold & Silver $XAU  82.40 +0.34 +0.41% +4.49%
Bank $BKX  95.62 -0.57 -0.59% +4.17%
Biotech $BTK  3,908.04 +9.78 +0.25% +27.09%


Networking Firm Consolidating Above 50-Day Moving Average Line

Arista Networks Inc (ANET +$0.77 or +0.50% to $155.99) is very extended from any sound base. Its 50-day moving average (DMA) line ($150.47) defines near-term support to watch on pullbacks. Disciplined investors avoid chasing extended stocks.

It recently reported quarter as its Mar '17 earnings rose +37% on +39% sales revenues versus the year ago period. ANET has shown strong and steady increases in quarterly sales revenues while earnings have routinely been well above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) growth has been strong, however, its history is limited since its $43 IPO in June of 2014.

It was last shown in this FSU section on 6/06/17 with an annotated graph under the headline, "Computer Networking Firm Very Extended From Any Sound Base". ANET traded up as much as +73.74% since first highlighted at $93.80 in yellow with pivot point cited based on its 2015 high plus 10 cents in the 11/21/16 mid-day report (read here). Along the way, a damaging loss on 1/17/17 with heavy volume raised concerns and triggered a technical sell signal. It halted its slide near prior highs in the $87 area and eventually rebounded above its 50 DMA line helping its outlook to improve.

The number of top-rated funds owning its shares rose from 360 in Dec '15 to 510 Jun '17, a reassuring sign concerning the I criteria. The high-ranked Computer - Networking firm has a Timeliness Rating of A and a Sponsorship Rating of B. Its small supply of 44.6 million shares (S criteria) in the public float may contribute to greater volatility in the event of institutional buying or selling.

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  
$103.98 -0.90
-0.86%

$105.22

277,721
34.08% of 50 DAV
50 DAV is 815,000
$115.74
-10.16%
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  
$23.85 +0.01
0.04%

$23.94

114,703
39.01% of 50 DAV
50 DAV is 294,000
$25.88
-7.84%
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  
$57.64 -0.12
-0.21%

$58.12

1,120,590
119.98% of 50 DAV
50 DAV is 934,000
$58.95
-2.22%
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  
$116.49 +0.39
0.34%

$116.76

916,488
881.24% of 50 DAV
50 DAV is 104,000
$121.75
-4.32%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 7/18/2017 12:17:21 PM
Y - Consolidating near its 50 DMA line ($115.72) defining near term support. 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.
>>> 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  
$309.21 +7.22
2.39%

$309.43

1,003,645
72.73% of 50 DAV
50 DAV is 1,380,000
$337.55
-8.40%
6/8/2017 $310.76 PP = $307.62
MB = $323.00
Most Recent Note - 7/17/2017 5:23:31 PM
Y - Fell near its 50 DMA line ($297.70) which recently acted as support. 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  
$146.50 +3.35
2.34%

$147.85

349,874
59.40% of 50 DAV
50 DAV is 589,000
$156.40
-6.33%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 7/17/2017 5:25:14 PM
Y - Fell below its "max buy" level with today's big volume-driven loss and its color code is changed to yellow. Its prior high ($136 on 2/22/17) defines near term support along with its 50 DMA line ($137).
>>> 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  
$280.24 +4.12
1.49%

$281.10

455,308
64.49% of 50 DAV
50 DAV is 706,000
$297.95
-5.94%
6/15/2017 $261.73 PP = $297.95
MB = $312.85
Most Recent Note - 7/18/2017 4:14:48 PM
G - Recently rebounded above its 50 DMA line ($273) helping its outlook to improve. Faces resistance due to overhead supply up to the $298 level.
>>> 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  
$92.52 +4.28
4.85%

$93.06

544,803
218.80% of 50 DAV
50 DAV is 249,000
$89.50
3.37%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 7/18/2017 12:20:18 PM
G - Rallying from a late-stage base and hitting another new all-time high with today's 3rd consecutive gain on ever increasing volume. Found prompt support at its 50 DMA line ($79.50) during its ongoing ascent. The prior low ($75.01 on 6/15/17) defines the next support level to watch. Sub par sales revenues growth was recently noted among concerns, however, earnings increases through the Mar '17 quarter have been strong versus the year-ago periods.
>>> 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  
$34.70 +0.00
0.00%

$35.25

337,032
70.22% of 50 DAV
50 DAV is 480,000
$35.40
-1.98%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 7/17/2017 11:55:45 AM
G - Hit another new high today following a big gain in the prior session with twice average volume. Its 50 DMA line ($30.02) 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 an 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  
$39.07 +0.13
0.33%

$39.40

585,390
119.96% of 50 DAV
50 DAV is 488,000
$39.61
-1.36%
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  
$59.50 -1.18
-1.94%

$60.66

400,084
47.74% of 50 DAV
50 DAV is 838,000
$62.75
-5.18%
5/16/2017 $52.52 PP = $53.89
MB = $56.58
Most Recent Note - 7/18/2017 4:04:37 PM
G - Pulled back today while perched within striking distance of prior highs after recent gains lacking great volume conviction. Found support near its 50 DMA line ($56.82) recently. Subsequent losses leading to a violation would raise concerns and trigger a technical sell signal.
>>> 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  
$63.08 -0.77
-1.21%

$63.75

1,095,772
60.84% of 50 DAV
50 DAV is 1,801,000
$68.07
-7.33%
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  
$155.99 +0.77
0.50%

$156.13

401,300
48.88% of 50 DAV
50 DAV is 821,000
$162.97
-4.28%
4/17/2017 $132.75 PP = $135.27
MB = $142.03
Most Recent Note - 7/18/2017 4:53:57 PM
G - Quietly holding its ground above its 50 DMA line ($150), extended from any sound base. Prior low ($143.00 on 6/12/17) defines the next important support level to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Networking Firm Consolidating Above 50-Day Moving Average Line - 7/18/2017
 |  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  
$45.51 +0.00
0.00%

$45.62

779,887
40.49% of 50 DAV
50 DAV is 1,926,000
$47.84
-4.87%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 7/18/2017 4:09:32 PM
Y - Volume totals have been cooling and stubbornly held its ground since gapping up above its 50 DMA line ($44.22) on 7/12/17 helping its outlook improve. 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  
$51.15 -1.05
-2.01%

$52.10

85,098
57.11% of 50 DAV
50 DAV is 149,000
$55.45
-7.75%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 7/17/2017 5:16:33 PM
Y - Volume totals have been light in recent weeks while finding support at its 50 DMA line ($51.19), 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Volume Cooling While Staying Above 50-Day Moving Average Line - 7/17/2017
 |  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  
$39.70 -0.15
-0.38%

$39.90

10,395
32.48% of 50 DAV
50 DAV is 32,000
$41.25
-3.76%
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  
$94.42 -0.18
-0.19%

$95.34

87,968
44.88% of 50 DAV
50 DAV is 196,000
$97.71
-3.37%
4/17/2017 $76.77 PP = $80.04
MB = $84.04
Most Recent Note - 7/18/2017 4:13:01 PM
Y - Color code was changed to yellow with new pivot point cited based on its 6/22/17 high as it 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 ($90.38).
>>> 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  
$49.09 -1.99
-3.90%

$50.91

608,715
121.74% of 50 DAV
50 DAV is 500,000
$54.95
-10.66%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 7/18/2017 3:59:30 PM
Y - Today's big loss is testing support near prior highs in the $49 area and near its 50 DMA line ($48.74). 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  
$65.97 -0.24
-0.36%

$66.39

355,353
51.80% of 50 DAV
50 DAV is 686,000
$73.48
-10.22%
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  
$44.20 +0.10
0.23%

$44.68

726,134
95.29% of 50 DAV
50 DAV is 762,000
$44.30
-0.23%
7/17/2017 $43.96 PP = $44.18
MB = $46.39
Most Recent Note - 7/17/2017 10:44:25 AM
Y - Hitting a new high today. A new pivot point is cited based on its 6/02/17 high plus 10 cents. Subsequent gains and a strong 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 ($41.30) defines support above recent lows in the $37-38 area.
>>> 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  
$60.70 -0.65
-1.06%

$61.87

1,582,315
96.84% of 50 DAV
50 DAV is 1,634,000
$67.30
-9.81%
7/13/2017 $64.15 PP = $67.40
MB = $70.77
Most Recent Note - 7/17/2017 5:28:30 PM
Y - Ended near the session low today with a big loss on near average volume. Highlighted in yellow with new pivot point cited based on its 6/09/17 high plus 10 cents in the 7/13/17 mid-day report. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Near-term support is at its 50 DMA line ($58.70) and prior highs in the $55 area.
>>> 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  
$42.00 +1.16
2.84%

$42.02

4,042,667
57.41% of 50 DAV
50 DAV is 7,042,000
$45.95
-8.60%
3/7/2017 $29.71 PP = $27.83
MB = $29.22
Most Recent Note - 7/17/2017 5:19:52 PM
G - Consolidating above its 50 DMA line ($39.15), building on a new base. 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
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HLI - NYSE
Houlihan Lokey Inc Cl A
Finance-Invest Bnk/Bkrs  
$36.82 +0.05
0.14%

$36.82

140,326
79.28% of 50 DAV
50 DAV is 177,000
$37.25
-1.15%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 7/18/2017 4:11:18 PM
Y - Perched near its "max buy" level, stubbornly holding its ground. Its 50 DMA line ($34.73) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Gapped Up and Nearly Challenged Prior High - 6/19/2017
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