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AFTER MARKET UPDATE - THURSDAY, JULY 20TH, 2017
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Indices NYSE Nasdaq
DOW  -28.97 21,611.78 -0.13% Volume 752,217,170 +6% Volume 1,815,598,153 -3%
NASDAQ +4.96 6,390.00 +0.08% Advancers 1,458 51% Advancers 1,414 51%
S&P 500 -0.38 2,473.45 -0.02% Decliners 1,427 49% Decliners 1,332 48%
Russell 2000 +0.58 1,442.35 +0.04% 52 Wk Highs 209   52 Wk Highs 187  
S&P 600 +0.32 872.27 +0.04% 52 Wk Lows 8   52 Wk Lows 30  

Healthy Leadership Remains as Major Indexes Ended Mixed

Stocks finished mixed on Thursday. The Dow was down 29 points to 21611. The S&P 500 traded flat at 2473 and the Nasdaq Composite gained 5 points to 6390. The volume totals reported were mixed, higher than the prior session total on the NYSE and lighter on the Nasdaq exchange. Advancers narrowly led decliners on both the NYSE and the Nasdaq exchange. There were 73 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 72 on the prior session. New 52-week highs 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 Dow Jones Industrial Average is perched near its record high after finding support near prior highs and well above its 50-day moving average line during its recent consolidation.

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 the session as investors weighed corporate earnings against political uncertainty in Washington. On Thursday, reports revealed that special U.S. counsel Robert Mueller is looking into the business dealings of President Donald Trump, Jared Kushner and other associates. Overseas, the European Central Bank concluded its July policy meeting leaving interest rates unchanged. In his press conference, President Mario Draghi provided no clear signal about the timing of reducing stimulus measures.

Seven of 11 sectors in the S&P 500 ended in negative territory. Financials underperformed with KeyCorp (KEY -3.67%) down. American Express (AXP -0.67%) edged lower despite beating estimates on the top and bottom lines. Technology stocks fluctuated with Qualcomm (QCOM -4.95%) slid as the chipmaker’s quarterly profit was down 40% from a year ago. 

In the consumer space, Sears Holding (SHLD +10.60%) rallied after announcing the launch of Kenmore products on Amazon.com (AMZN +0.18%) . Appliance-sellers Home Depot (HD -4.09%) and Lowe’s (LOW -5.56%) each declined considerably amid the news. Elsewhere, Nike (NKE +2.3%) rose after being the subject of positive analyst commentary.

Treasuries advanced with the benchmark 10-year note up 2/32 to yield 2.26%. In commodities, NYMEX WTI crude lost 0.7% to $46.79/barrel. In FOREX, the Dollar Index retreated 0.5%.

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.


Tech Sector Rose Along With Broker/Dealer and Gold & Silver Indexes

On Thursday the Retail Index ($RLX -0.89%) pulled back and the Bank Index ($BKX -0.20%) also fell while the Broker/Dealer Index ($XBD +0.31%) inched higherThe tech sector had a positive bias as the Biotechnology Index ($BTK +1.31%) outpaced the Semiconductor Index ($SOX +0.31%) and the Networking Index ($NWX +0.66%). The Oil Services Index ($OSX -1.47%) and the Integrated Oil Index ($XOI -0.49%) both pulled back while thGold & Silver Index ($XAU +0.58%) posted a modest gain.

Charts courtesy www.stockcharts.com

PICTURED: ThSemiconductor Index ($SOX +0.31%) recently rebounded above its 50-day moving average (DMA) line, rising toward its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  137.95 -2.06 -1.47% -24.94%
Integrated Oil $XOI  1,127.55 -5.57 -0.49% -11.08%
Semiconductor $SOX  1,116.62 +3.44 +0.31% +23.18%
Networking $NWX  464.14 +3.06 +0.66% +4.04%
Broker/Dealer $XBD  230.60 +0.71 +0.31% +12.33%
Retail $RLX  1,504.87 -13.57 -0.89% +12.05%
Gold & Silver $XAU  83.09 +0.48 +0.58% +5.36%
Bank $BKX  95.02 -0.19 -0.20% +3.52%
Biotech $BTK  4,013.34 +51.74 +1.31% +30.51%


Still Faces Some Resistance Due to Overhead Supply

Thor Industries Inc (THO +$0.43 or +0.41% to $105.22) has been consolidating above its "max buy" level following its prior technical breakout. It still faces some resistance due to overhead supply up through the $115 level. Subsequent volume-driven gains above the recent high and gains into new all-time high territory might signal the beginning of a meaningful new leg up in price.

THO was highlighted in yellow with pivot point cited based on its 4/27/17 high in the 6/07/17 mid-day report (read here). It had gapped up on 6/06/17, clearing a "double bottom" base while rebounding toward prior highs. It was last shown in this FSU section on 6/08/17 with an annotated graph under the headline, "Some Overhead Supply Remains After Latest Technical Breakout". The Building - Mobile/Mfg & RV firm found support near prior lows after undercutting its 200 DMA line during its consolidation since dropped from the Featured Stocks list on 3/09/17.

Recently it reported earnings +40% on +57% sales revenues for the Apr '17 quarter, continuing its strong earnings history. The past 3 quarters were above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Its annual earnings history (A criteria) has been good. Return on Equity is reported at 23%, well above the 17% minimum guideline.

It has earned a current Timeliness rating of B and a Sponsorship rating of B. The number of top-rated funds owning its shares rose from 489 in Mar '16 to 590 in Jun '17. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days (I criteria). Its small supply of only 48.9 million shares (S criteria) in the public float can contribute to greater volatility in the event of institutional buying or selling.

Charts courtesy www.stockcharts.com


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

***Last / Change / Volume data in this table is the closing quote data***
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$105.22 +0.43
0.41%

$105.76

300,164
37.01% of 50 DAV
50 DAV is 811,000
$115.74
-9.09%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 7/20/2017 5:24:55 PM
G - Consolidating above its "max buy" level following its prior breakout from a"double bottom" base. Faces some resistance due to overhead supply up through the $115 level. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Still Faces Some Resistance Due to Overhead Supply - 7/20/2017
 |  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  
$23.63 -0.02
-0.08%

$23.85

72,947
24.98% of 50 DAV
50 DAV is 292,000
$25.88
-8.69%
6/9/2017 $24.13 PP = $25.98
MB = $27.28
Most Recent Note - 7/20/2017 5:43:00 PM
Y - Still quietly consolidating near its 50 DMA line ($23.71). Subsequent losses below the recent low would trigger a more worrisome technical sell signal. 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  
$57.36 -0.83
-1.43%

$58.26

769,444
82.82% of 50 DAV
50 DAV is 929,000
$58.95
-2.70%
7/14/2017 $57.67 PP = $59.05
MB = $62.00
Most Recent Note - 7/20/2017 5:30:08 PM
Y - Quietly fell today, slumping to a close just below its 50 DMA line ($57.48). Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. 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  
$119.42 +0.38
0.32%

$120.00

1,580,893
140.56% of 50 DAV
50 DAV is 1,124,700
$121.75
-1.91%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 7/19/2017 6:30:45 PM
Y - Posted a big gain today with above average volume, rallying from support at its 50 DMA line ($115.91). 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  
$308.65 +1.69
0.55%

$310.74

847,611
61.33% of 50 DAV
50 DAV is 1,382,000
$337.55
-8.56%
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  
$149.35 +2.55
1.74%

$149.65

179,468
33.17% of 50 DAV
50 DAV is 541,000
$156.40
-4.51%
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  
$282.08 +1.52
0.54%

$284.01

491,132
72.33% of 50 DAV
50 DAV is 679,000
$297.95
-5.33%
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  
$93.04 -1.29
-1.37%

$95.20

317,728
123.15% of 50 DAV
50 DAV is 258,000
$94.48
-1.52%
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  
$35.00 -0.25
-0.71%

$35.60

346,264
74.31% of 50 DAV
50 DAV is 466,000
$35.60
-1.69%
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  
$39.10 +0.13
0.33%

$39.31

318,485
70.00% of 50 DAV
50 DAV is 455,000
$39.61
-1.29%
7/3/2017 $38.05 PP = $39.60
MB = $41.58
Most Recent Note - 7/20/2017 5:44:24 PM
Y - Quietly perched near its all-time high. 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 ($37.02) 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  
$62.73 +1.95
3.21%

$63.46

1,085,401
129.68% of 50 DAV
50 DAV is 837,000
$62.75
-0.03%
5/16/2017 $52.52 PP = $53.89
MB = $56.58
Most Recent Note - 7/20/2017 5:32:52 PM
G - Considerable gain today with +30% above average volume conviction as it hit a new all-time high. Did not form a sound base. Found support near its 50 DMA line ($57.42) during its latest consolidation.
>>> 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  
$63.29 -0.45
-0.71%

$63.98

920,489
51.08% of 50 DAV
50 DAV is 1,802,000
$68.07
-7.02%
3/16/2017 $49.00 PP = $48.05
MB = $50.45
Most Recent Note - 7/20/2017 5:47:12 PM
G - Quietly consolidating -7% off its 52-week high. Found support at its 50 DMA line ($61.81) in recent weeks. 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  
$156.80 -0.83
-0.53%

$158.61

355,277
45.84% of 50 DAV
50 DAV is 775,000
$162.97
-3.79%
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  
$45.79 +0.26
0.57%

$46.12

984,408
51.84% of 50 DAV
50 DAV is 1,899,000
$47.84
-4.29%
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  
$51.95 -0.20
-0.38%

$52.10

55,670
40.05% of 50 DAV
50 DAV is 139,000
$55.45
-6.31%
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  
$39.85 +0.30
0.76%

$39.85

11,082
34.63% of 50 DAV
50 DAV is 32,000
$41.25
-3.39%
4/25/2017 $38.95 PP = $40.09
MB = $42.09
Most Recent Note - 7/20/2017 5:40:51 PM
Y - Managed a "positive reversal" today and closed at the session high after testing support at its 50 DMA line ($38.85). Any damaging losses violating its 50 DMA line and recent lows would trigger technical sell signals.
>>> 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  
$96.75 +0.57
0.59%

$97.26

120,312
62.66% of 50 DAV
50 DAV is 192,000
$97.71
-0.98%
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  
$47.64 -0.66
-1.37%

$48.66

832,980
162.37% of 50 DAV
50 DAV is 513,000
$54.95
-13.30%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 7/19/2017 6:27:11 PM
G - Color code is changed to green after a loss today with higher volume undercut prior lows and violated its 50 DMA line ($48.82) triggering technical sell signals. 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 : 50-Day Moving Average Violation Triggers Technical Sell Signal - 7/19/2017
 |  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  
$67.63 +0.92
1.38%

$67.88

282,081
41.48% of 50 DAV
50 DAV is 680,000
$73.48
-7.96%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 7/20/2017 5:45:27 PM
G - Quietly rebounded above its 50 DMA line ($67.09) today helping 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  
$43.60 +0.55
1.28%

$44.15

341,373
45.16% of 50 DAV
50 DAV is 756,000
$44.68
-2.41%
7/17/2017 $43.96 PP = $44.18
MB = $46.39
Most Recent Note - 7/19/2017 6:29:09 PM
Y - Pulled back today after recent gains lacking volume conviction. A new pivot point was 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 ($41.42) 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  
$60.45 -1.10
-1.79%

$62.35

1,733,521
107.34% of 50 DAV
50 DAV is 1,615,000
$67.30
-10.18%
7/13/2017 $64.15 PP = $67.40
MB = $70.77
Most Recent Note - 7/20/2017 5:27:45 PM
Y - Ended near the session low today with a loss on near average volume. Near-term support is at its 50 DMA line ($59.35) and its prior low ($56.20 on 6/29/17), where damaging violations may trigger technical sell signals. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal.
>>> 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  
$42.33 +0.33
0.79%

$42.98

3,807,361
53.58% of 50 DAV
50 DAV is 7,106,000
$45.95
-7.88%
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  
$36.95 -0.03
-0.08%

$37.22

138,896
78.03% of 50 DAV
50 DAV is 178,000
$37.25
-0.81%
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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