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 - MONDAY, JULY 30TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -144.23 25,306.83 -0.57% Volume 730,600,090 -3% Volume 2,137,699,129 -2%
NASDAQ -107.42 7,630.00 -1.39% Advancers 1,375 46% Advancers 1,050 35%
S&P 500 -16.22 2,802.60 -0.58% Decliners 1,581 53% Decliners 1,936 65%
Russell 2000 -10.21 1,653.13 -0.61% 52 Wk Highs 45   52 Wk Highs 39  
S&P 600 -4.74 1,036.56 -0.46% 52 Wk Lows 41   52 Wk Lows 105  

Major Indices Fell With Lighter Volume on Both Major Exchanges

Stocks finished lower Monday. The Dow fell 144 points to 25306, while the S&P 500 lost 16 points to 2802. The Nasdaq was down 107 points to 7630. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session's totals, a sign of less institutional selling pressure. Decliners led advancers by a decisive near 2-1 margin on the Nasdaq exchange and by an 8-7 margin on the NYSE. There were only 12 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, down abruptly from the total of 84 on the prior session. New 52-week highs still outnumbered new 52-week lows on the NYSE, but new lows solidly outnumbered new highs on the Nasdaq exchange. The major indices (M criteria) have encountered pressure while leadership (stocks hitting new highs) has thinned abruptlyThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com


PICTURED: The Dow Jones Industrial Average is perched -4.9% off its record high hit January 26th, 2018. 

The major averages closed in negative territory as investors assessed the latest corporate earnings and economic updates. The Nasdaq experienced its third straight loss of more than 1% for the first time since August 2015 as weakness in the Tech sector weighed on the index. On the data front, a report showed pending home sales increased 0.9% in June, outpacing estimates and rebounding from a 0.5% decline in May. Separately, the Dallas Fed revealed manufacturing activity in the region contracted less than expected in July from the prior month.

Seven of 11 S&P 500 sectors ended the session lower, with Tech shares leading decliners. Facebook (FB -2.19%) and Netflix (NFLX -5.70%) fell. In earnings, Caterpillar (CAT -1.97%) despite topping Wall Street expectations and raising forward guidance. Tyson Foods (TSN -7.61%) after lowering its earnings guidance due to trade concerns. In other corporate news, AT&T (T +2.98%) rose following an analyst upgrade.

Treasuries were slightly weaker with the yield on the benchmark 10-year note up one basis point to 2.97%. In commodities, WTI crude surged 1.9% to $69.98/barrel following four consecutive weekly declines. COMEX gold was off 0.2% to $1220.20/ounce despite a weaker dollar.

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

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


Tech and Retail Fell as Energy-Linked Groups Led Gainers

The Broker/Dealer Index ($XBD -1.42%) fell while the Bank Index ($BKX +0.15%) posted a small gain on Monday. The Biotech Index ($BTK -1.39%) and the Networking Index ($NWX -1.61%) led the tech sector's retreat while the Semiconductor Index ($SOX -1.00%) suffered a smaller loss The Oil Services Index ($OSX +1.69%) ended higher and the Integrated Oil Index ($XOI +1.04%) posted a smaller gain.  The Gold & Silver Index ($XAU -0.13%) ended with a small lossThe Retail Index ($RLX -1.39%) ended the session lower as it reversed from a record high.

Charts courtesy of www.stockcharts.com

PICTURED:  The Bank Index ($BKX +0.15%) is consolidating above its 50-day and 200-day moving average (DMA) lines. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  152.19 +2.53 +1.69% +1.77%
Integrated Oil $XOI  1,562.43 +16.07 +1.04% +16.99%
Semiconductor $SOX  1,358.56 -13.68 -1.00% +8.42%
Networking $NWX  534.42 -8.75 -1.61% +8.95%
Broker/Dealer $XBD  274.16 -3.96 -1.42% +3.36%
Retail $RLX  2,230.12 +31.33 +1.42% +28.63%
Gold & Silver $XAU  76.68 -0.11 -0.14% -10.07%
Bank $BKX  109.68 +0.16 +0.15% +2.78%
Biotech $BTK  4,966.06 -69.98 -1.39% +17.62%


Pullback Following Recent technical Breakout

Atlassian Corp (TEAM -$2.76 or -3.74% to $71.08) retreated from its all-time high hit on the prior session with a gain backed by 516% above average volume. It was highlighted in the 7/27/18 mid-day report (read here) with pivot point cited based on its 6/06/18 high plus 10 cents. 

This Australia - based software developer reported earnings +44% on +40% sales revenues for the Jun '18 quarter versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria), helping it better match with the fact-based investment system's guidelines. Annual earnings (A criteria) history has been strong since its $21 IPO on 12/10/15.

The number of top-rated funds owning its shares rose from 266 in Sep '17 to 342 in Jun '18, a reassuring sign concerning the I criteria. It has a Timeliness Rating of B and Sponsorship Rating of B.Its current Up/Down Volume Ratio of 1.7 is an unbiased indication its shares have been under accumulation. 

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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.20 -0.20
-1.30%

$15.55

52,897
54.09% of 50 DAV
50 DAV is 97,800
$16.30
-6.75%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 7/27/2018 1:02:51 PM
Y - Met resistance after hitting a new high on the prior session with a big volume-driven gain. Consolidating above its 50 DMA line ($15) while the prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is at 79, just below the 80+ minimum guideline for buy candidates. Reported Jun '18 quarterly earnings +71% on +23% sales revenues, continuing its strong earnings track record. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average - 7/9/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PFBC - NASDAQ
Preferred Bank Los Angls
BANKING - Regional - Pacific Banks  
$62.50 -0.44
-0.70%

$63.94

127,433
65.08% of 50 DAV
50 DAV is 195,800
$69.48
-10.05%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 7/25/2018 6:41:53 PM
G - Undercut its 50 DMA line ($65.20) again and th color code is changed to green. Recent low ($63.35 on 7/18/18) defines near-term support where more damaging losses would raise serious concerns. Relative Strength Rating is now 50, remaining below the 80+ minimum guideline for buy candidates, and it is -7.6% off its all-time high.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Hit New All-Time High - 7/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$301.60 -15.72
-4.95%

$321.07

923,139
190.73% of 50 DAV
50 DAV is 484,000
$333.74
-9.63%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 7/30/2018 6:48:05 PM
G - Reversed from its high on the prior session and violated its 50 DMA line today with a big volume-driven loss raising concerns. Reported earnings +91% on +40% sales revenues for the Jun '18 quarter, continuing its strong earnings track record. The recent low ($284.42 on 7/02/18) defines the next important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Still Sputtering Below 50-Day Moving Average - 7/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UCFC - NASDAQ
United Community Finl Cp
BANKING - Savings and Loans  
$10.52 -0.17
-1.59%

$10.78

117,497
55.82% of 50 DAV
50 DAV is 210,500
$11.98
-12.19%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 7/25/2018 6:26:28 PM
Y - Testing its 50 DMA line ($10.94) with today's 5th consecutive loss. The prior high ($10.70 on 4/19/18) defines the next near-term support to watch. Recently reported earnings +19% on +6% sales revenues for the Jun '18 quarter, below the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Average and Prior Highs - 7/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$129.29 -1.28
-0.98%

$131.21

371,732
77.77% of 50 DAV
50 DAV is 478,000
$137.73
-6.13%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 7/24/2018 5:17:51 PM
Y - There was a "negative reversal" today after touching a new all-time high. Recent gains above the pivot point lacked the +40% above average volume needed to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line ($126.26) defines near-term support above the recent low ($118.34 on 6/25/18).
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Average After Negating Prior Breakout - 6/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$216.75 -4.07
-1.84%

$220.84

760,377
59.92% of 50 DAV
50 DAV is 1,269,000
$225.92
-4.06%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 7/27/2018 11:25:24 AM
Y - Recently wedged to a new 52-week high with a streak of 7 consecutive gains backed by light volume. Its 50 DMA line and prior highs in the $212 area define important near-term support. Due to report earnings news on 8/02/18.
>>> FEATURED STOCK ARTICLE : Breakaway Gap With Heavy Volume - 6/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$197.87 -5.07
-2.50%

$203.33

5,868,969
182.27% of 50 DAV
50 DAV is 3,220,000
$214.28
-7.66%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 7/26/2018 12:58:56 PM
Y - Reported earnings +51% on +20% sales revenues for the Jun '18 quarter. Gapped down today, retreating from a new all-time high. Its 50 DMA line ($199) and recent low ($193.16 on 6/27/18) define important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched at All-Time High - 6/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$136.48 -4.23
-3.01%

$140.42

12,758,478
171.88% of 50 DAV
50 DAV is 7,423,000
$143.14
-4.65%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 7/27/2018 5:16:51 PM
G - Extended from any sound base, stubbornly holding its ground perched at its all-time high. Reported earnings +40% on +15% sales revenues for the Jun '18 quarter. The prior high in the $136 area and its 50 DMA line ($135) define near term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Rally From 50-Day Average - 7/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$30.21 -0.86
-2.77%

$31.24

390,649
53.81% of 50 DAV
50 DAV is 726,000
$36.45
-17.12%
6/15/2018 $35.44 PP = $34.87
MB = $36.61
Most Recent Note - 7/25/2018 6:22:56 PM
G - Color code is changed to green while slumping well below its 50 DMA line ($32.50) with today's 5th consecutive loss. A rebound above the 50 DMA line is needed for its outlook to improve. Its Relative Strength rating has slumped to 74, below the 80+ minimum guideline for buy candidates.
>>> FEATURED STOCK ARTICLE : Volume Was Heavy Behind Big Breakout Gain - 6/15/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$57.75 -1.60
-2.70%

$59.45

387,259
100.59% of 50 DAV
50 DAV is 385,000
$62.95
-8.26%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 7/24/2018 5:15:45 PM
Y - There was a "negative reversal" today on higher volume after touching a new all-time high, raising concerns as it encountered distributional pressure. A volume-driven gain for a new high on the prior session had triggered a technical buy signal. The recent low ($53.75 on 6/28/18) and 200 DMA line define important near-term support.
>>> FEATURED STOCK ARTICLE : Gain With Above Average Volume Challenged Prior High - 6/19/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$733.70 -6.30
-0.85%

$743.01

13,025
81.41% of 50 DAV
50 DAV is 16,000
$816.28
-10.12%
7/5/2018 $714.90 PP = $739.99
MB = $776.99
Most Recent Note - 7/27/2018 11:43:33 AM
Y - Volume totals have been cooling while consolidating back below its "max buy" level following the recent breakout. Prior high in the $740 area defines near-term support above its 50 DMA line ($720).
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Consolidating Above Prior High - 7/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
STMP - NASDAQ
Stamps.com Inc
Retail-Internet  
$262.30 -9.85
-3.62%

$274.85

255,213
105.03% of 50 DAV
50 DAV is 243,000
$285.75
-8.20%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 7/25/2018 6:39:04 PM
G - Rebounded near its all-time high with today's gain backed by light volume. Has not formed a sound base of sufficient length. Its 50 DMA line ($262.43) defines near-term support above the prior low ($241.55).
>>> FEATURED STOCK ARTICLE : Big Loss on Heavy Volume Tests 50-Day Moving Average - 6/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CHDN - NASDAQ
Churchill Downs Inc
LEISURE - Gaming Activities  
$281.75 +0.75
0.27%

$284.70

44,081
58.77% of 50 DAV
50 DAV is 75,000
$314.60
-10.44%
6/20/2018 $285.80 PP = $314.70
MB = $330.44
Most Recent Note - 7/30/2018 6:27:39 PM
G - Slumped below its 50 DMA line ($300).and below the prior low ($285.50 on 6/28/18) with losses last week raising concerns and triggering technical sell signals. Color code is changed to green. A rebound above the 50 DMA line is needed for its outlook to improve. Due to report earnings news after the close on Wednesday, 8/01/18. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average - 6/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
Huazhu Group Ads
LEISURE - Lodging  
$39.95 -0.25
-0.62%

$40.25

1,682,052
81.06% of 50 DAV
50 DAV is 2,075,000
$49.60
-19.46%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 7/30/2018 6:30:00 PM
G - Still sputtering below its 50 DMA line ($43.79) yet finding support near prior highs in the $40-41 area. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : At Prior High and Slumping Below 50-Day Average After 4:1 Split - 7/2/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NFLX - NASDAQ
Netflix Inc
SPECIALTY RETAIL - Music and Video Stores  
$334.96 -20.25
-5.70%

$352.03

18,019,990
151.94% of 50 DAV
50 DAV is 11,860,000
$423.21
-20.85%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 7/30/2018 6:40:33 PM
Slumped further today with above average volume. A rebound above its 50 DMA line ($376) is needed for its outlook to improve. It faces resistance due to overhead supply up to the $423 level. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Extended From Base and Pulling Back From All-Time High - 7/13/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$256.41 -4.29
-1.65%

$261.57

694,997
111.38% of 50 DAV
50 DAV is 624,000
$293.81
-12.73%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 7/24/2018 5:19:28 PM
G - Violated its 50 DMA line ($269.41) with today's big loss on higher volume triggering a technical sell signal. Has a new CEO effective 7/02/18.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average Line - 7/23/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$96.98 +0.79
0.82%

$98.78

602,092
43.28% of 50 DAV
50 DAV is 1,391,000
$109.09
-11.10%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 7/24/2018 12:52:21 PM
Y - Retreating from its all-time high with today's 3rd consecutive loss. The prior low ($96.32 on 7/02/18) defines important near-term support above its 50 DMA line ($91.41). Recent gains above the pivot point lacked the minimum +40% above average volume necessary to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High After Big Gap Up and Volume-Driven Gain - 6/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$178.81 -5.14
-2.79%

$184.95

2,406,024
142.79% of 50 DAV
50 DAV is 1,685,000
$194.81
-8.21%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 7/27/2018 12:55:39 PM
G - Abruptly retreating near its 50 DMA line ($181.35) with today's big loss. The recent low ($167) defines the next important near-term support. Reported earnings +123% on +41% sales revenues, continuing its strong earnings history.
>>> FEATURED STOCK ARTICLE : Recent Slump Below 50-Day Average Hurt Outlook - 6/26/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$73.20 -0.55
-0.75%

$75.63

42,998
75.44% of 50 DAV
50 DAV is 57,000
$77.00
-4.94%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 7/27/2018 11:37:28 AM
Y - Wedged to a new all-time high, approaching its "max buy" level with gains lacking great volume conviction. Confirming gains above the pivot point backed by at least +40% above average volume are required to trigger a proper technical buy signal. Its 50 DMA line ($67.96) defines near-term support above the prior low ($56.65 on 5/15/18).
>>> FEATURED STOCK ARTICLE : Holding its Ground in Tight Range Near All-Time High - 6/28/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$195.66 -12.31
-5.92%

$208.75

2,765,153
206.97% of 50 DAV
50 DAV is 1,336,000
$219.38
-10.81%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 7/30/2018 6:32:06 PM
G - Slumped well below its 50 DMA line ($208) with today's damaging volume-driven loss also undercutting the prior low ($199.22 on 6/28/18) triggering technical sell signals. Color code was changed to green. A prompt rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : New High Close After 2 Consecutive Volume Driven Gains - 6/13/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$88.30 -2.15
-2.38%

$92.33

514,544
147.86% of 50 DAV
50 DAV is 348,000
$98.30
-10.17%
7/23/2018 $97.05 PP = $97.85
MB = $102.74
Most Recent Note - 7/27/2018 11:50:50 AM
Y - Slumping toward its 50 DMA line ($87) with today's big loss. There was a "negative reversal" on 7/24/18 and it encountered distributional pressure after touching a new all-time high. Disciplined investors may note that it has not yet produced gains above the pivot point backed by at least +40% above average volume to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Computer Software-Security Firm Hovering Near All-Time High - 7/16/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPLK - NASDAQ
Splunk Inc
Computer Sftwr-Database  
$95.38 -5.72
-5.66%

$100.81

3,069,306
159.61% of 50 DAV
50 DAV is 1,923,000
$121.64
-21.59%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 7/30/2018 6:42:48 PM
Fell today with higher volume testing its recent low ($95.10 on 6/28/18) and its 200 DMA line ($94.69). It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Splunk Still Sputtering Below 50-Day Moving Average - 7/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SUPN - NASDAQ
Supernus Pharmaceuticals
Medical-Biomed/Biotech  
$52.95 -0.50
-0.94%

$53.75

949,389
128.99% of 50 DAV
50 DAV is 736,000
$61.25
-13.55%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 7/24/2018 5:10:00 PM
G - There was a "negative reversal" today as it met resistance at its 50 DMA line ($55.37). Deterioration below the recent low ($49.75 on 7/09/18) would raise more serious concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Met Resistance at 50-Day Moving Average - 7/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$124.28 -6.72
-5.13%

$131.76

2,446,838
128.31% of 50 DAV
50 DAV is 1,907,000
$141.06
-11.90%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 7/30/2018 6:45:56 PM
G - Suffered a large loss today retreating toward the prior high ($120). Fundamentals remain strong. Patient investors may watch for a new base or secondary buy point to develop and be noted in the weeks ahead.
>>> FEATURED STOCK ARTICLE : Gain With +25% Above Average Volume for Best Ever Close - 6/12/2018
 |  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  
$74.12 -2.28
-2.98%

$77.04

565,290
109.77% of 50 DAV
50 DAV is 515,000
$83.34
-11.06%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 7/27/2018 11:46:26 AM
G - Retesting near its 50 DMA line ($78.61) with today's big loss. More damaging losses may raise concerns and trigger a technical sell signal. Prior low ($70.16 on 6/28/18) defines the next important support level.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Testing Support at 50-Day Average - 7/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
LOB - NASDAQ
"Live Oak Bancshares, Inc."
Banks-Southeast  
$28.25 +0.00
0.00%

$28.55

206,771
130.04% of 50 DAV
50 DAV is 159,000
$32.95
-14.26%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 7/27/2018 12:44:43 PM
G - Violated its 50 DMA line ($30.64) and also the prior low ($29.05 on 6/15/18) with damaging volume-driven losses triggering technical sell signals. The 200 DMA line ($27.20) defines the next important chart support. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Bank Making Gradual Progress After Support Found at 50-Day Average - 7/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$82.39 -3.07
-3.59%

$85.50

13,274,939
173.26% of 50 DAV
50 DAV is 7,662,000
$92.35
-10.79%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 7/26/2018 1:23:49 PM
Y - Perched near its all-time high after today's early weakness. Gains backed by above average volume while hitting new all-time highs were noted indications of recent institutional buying demand. Reported earnings +26% on +23% sales revenues for the Jun '18 quarter. A valid secondary buy point exists up to 5% above the prior high ($87.55 on 6/21/18) since finding support at the 10 WMA line following a prior breakout. The 50 DMA line ($84.64) defines near-term support above the prior low ($80.16 on 6/28/18).
>>> FEATURED STOCK ARTICLE : Paypal Pulling Back From Record High - 7/26/2018
 |  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  
$69.75 -0.30
-0.43%

$70.70

604,322
69.07% of 50 DAV
50 DAV is 875,000
$77.50
-10.00%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 7/27/2018 11:40:45 AM
G - Color code is changed to green while quietly slumping below its 50 DMA line ($73.18). The prior low ($69.65 on 7/02/18) defines the next important chart support level. A rebound and subsequent volume driven gains for new highs may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average Line - 7/5/2018
 |  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  
$40.01 -1.87
-4.47%

$41.87

5,600,247
103.46% of 50 DAV
50 DAV is 5,413,000
$54.24
-26.24%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 7/30/2018 6:35:39 PM
G - Slumped well below its 50 DMA line ($46) with today's loss on higher volume also undercutting the recent low ($41.11 on 6/27/18) triggering a more worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Chinese Internet Content Firm Below 50-Day Moving Average - 7/19/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$65.90 -0.90
-1.35%

$67.30

152,529
81.13% of 50 DAV
50 DAV is 188,000
$69.90
-5.72%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 7/27/2018 11:32:44 AM
Y - Hovering near its 52-week high with volume totals cooling. Technically, a gain on 7/20/18 backed by +49% above average volume triggered a new (or add-on) buy signal. The 50 DMA line ($64.94) and recent low ($59.25) define important near-term support.
>>> FEATURED STOCK ARTICLE : Gain Challenged 52-Week High and New Pivot Point - 7/12/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
BZUN - NASDAQ
Baozun Inc Cl A Ads
Computer Sftwr-Enterprse  
$57.71 -4.24
-6.84%

$61.95

2,449,316
104.45% of 50 DAV
50 DAV is 2,345,000
$67.41
-14.39%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 7/30/2018 6:38:20 PM
G - Violated its 50 DMA line ($59.85) with today's loss on higher (near average) volume. The recent low ($51.50 on 6/27/18) defines the next important chart support.
>>> FEATURED STOCK ARTICLE : Found Support Near Prior Highs and 50 Day Moving Average - 7/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$71.08 -2.76
-3.74%

$75.00

2,510,609
207.32% of 50 DAV
50 DAV is 1,211,000
$79.82
-10.95%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 7/30/2018 6:16:25 PM
Y - Retreated from its all-time high hit on the prior session. It was highlighted in yellow with pivot point cited based on its 6/06/18 high plus 10 cents. This Australia - based software developer reported earnings +44% on +40% sales revenues for the Jun '18 quarter helping it better match with the fact-based investment system's guidelines. Annual earnings (A criteria) history has been strong since its $21 IPO on 12/10/15. See the latest FSU analysis for more details and a new annotated graph.

>>> FEATURED STOCK ARTICLE : Pullback Following Recent technical Breakout - 7/30/2018
 |  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