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, March 10, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - THURSDAY, AUGUST 19TH, 2021
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -66.57 34,894.12 -0.19% Volume 918,175,652 +15% Volume 4,166,799,900 +10%
NASDAQ +16.32 14,542.24 +0.11% Advancers 967 30% Advancers 1,293 29%
S&P 500 +5.53 4,405.80 +0.13% Decliners 2,308 70% Decliners 3,107 71%
Russell 2000 -26.36 2,132.42 -1.22% 52 Wk Highs 47   52 Wk Highs 46  
S&P 600 -12.28 1,300.54 -0.94% 52 Wk Lows 118   52 Wk Lows 292  

Breadth Remained Negative as Leadership Waned

The Dow lost 66 points, paring its earlier decline, while the S&P 500 and Nasdaq Composite both turned positive on the day, each adding 0.1%. The small-cap Russell 2000 shed 1.2% for its sixth consecutive drop, sliding below its 200-day moving average, a closely watched technical level. The volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange. Breadth remained clearly negative as decliners led advancers by more than a 2-1 margin on the NYSE and on the Nasdaq exchange. There were 23 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page versus 32 on the prior session. New 52-week lows solidly outnumbered the shrinking new 52-week highs totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are in an uptrend that has come under pressure. Investors are reminded to always make buying and selling decisions on case-by-case basis under the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com
PICTURED: The Nasdaq Composite Index rebounded has pulled back from its record high and tested its 50-day moving average (DMA) line with recent losses.

U.S. stocks finished mixed on Thursday, with the major averages recovering from an early session slump as investors assessed a confluence of market catalysts. Multiple factors have clouded the global growth outlook, including rising COVID-19 cases, Federal Reserve tapering jitters, and regulatory clampdowns in China. Additionally, tomorrow’s stock option expiration has seemed to play a role in this week’s volatility spike. The CBOE Volatility Index (VIX) remains poised for its largest weekly advance since January. 

Meanwhile, a gauge of the U.S. dollar climbed 0.5% to its highest point since November, compounding a sell-off in the commodities complex. WTI crude fell for a sixth straight session to a three-month low, while copper is set for its worst week since March 2020 (-7.9%). Treasuries advanced, with the yield on the 10-year note down three basis points to 1.24%. On the data front, initial jobless claims came in at 348,000 in the latest week to a fresh pandemic low. Separately, the Philadelphia Fed’s business outlook unexpectedly deteriorated to the lowest level since December.

Six of 11 S&P 500 sectors closed in positive territory, with Information Technology outperforming. NVIDIA (NVDA +3.98%) jumped after its current-quarter outlook surpassed Wall Street estimates. In retail earnings, Macy’s (M +19.59%) surged after besting same-store sales estimates and reinstating its dividend.

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

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


Semiconductor and Networking Indexes Posted Gains

The Retail Index ($RLX +0.05%) held its ground but financials created a drag on the major indices as the Broker/Dealer Index ($XBD -1.35%) and Bank Index ($BKX -1.35%) both slumped. The tech sector was mixed as the Semiconductor Index ($SOX +0.78%) and Networking Index ($NWX +0.49%) each posted a small gain, meanwhile the Biotech Index ($BTK -1.75%) suffered a larger loss. Commodity-linked groups were standout decliners as the Oil Services Index ($OSX -3.21%), Integrated Oil Index ($XOI -2.73%), and Gold & Silver Index ($XAU -2.14%) each fell more than -2% on the session.  

Chart courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -1.35%) is slumping back below its 50-day moving average (DMA) line after making very little progress above the prior highs.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  48.30 -1.60 -3.21% +8.95%
Integrated Oil $XOI  931.62 -26.15 -2.73% +17.56%
Semiconductor $SOX  3,233.81 +24.98 +0.78% +15.68%
Networking $NWX  823.55 +4.02 +0.49% +14.84%
Broker/Dealer $XBD  464.72 -6.37 -1.35% +23.07%
Retail $RLX  3,868.66 +1.92 +0.05% +8.57%
Gold & Silver $XAU  125.74 -2.75 -2.14% -12.79%
Bank $BKX  124.24 -1.70 -1.35% +26.89%
Biotech $BTK  5,663.36 -100.87 -1.75% -1.32%


Important Test of 50-Day Moving Average Line

Yeti Holdings Inc's (YETI -$0.27 or -0.28% to $96.37) has been pulling back toward its 50-day moving average (DMA) line ($94.46) which defines near-term support to watch. There was a noted "negative reversal" after hitting a new all-time high on 8/06/21. Any damaging violation of the 50-day moving average (DMA) would raise concerns and trigger a technical sell signal.

Fundamentals remain strong. YETI reported Jun '21 quarterly earnings +66% on +45% sales revenues versus the year ago period, its 8th consecutive quarterly earnings increase above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Its Earnings Per Share Rating is 88. Its annual earnings (A criteria) history has been strong. 

The Leisure-Products group currently has a C (36) Group Relative Strength rating (L criteria) and that rating has moved down again since last noted in this FSU section with an annotated graph on 7/09/21 under the headline, "Volume Totals Cooling While Consolidating Near High"..

YETI was highlighted in yellow in the 4/06/21 mid-day report (read herewith a new pivot point cited based on its 2/10/21 high while working on a "double bottom" base. 

There is a small supply of only 87.2 million shares outstanding (S criteria). The number of top-rated funds owning its shares rose from 310 in Dec '19 to 659 in Jun '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days. It completed Secondary Offerings on 5/12/20, 2/20/20, 11/08/19 and 5/08/19 after its $18 IPO on 10/25/18.

Chart 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
StockCharts.com Latest Chart for SIVB SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$542.65 -13.67
-2.46%

$553.48

366,222
86.17% of 50 DAV
50 DAV is 425,000
$608.84
-10.87%
8/6/2021 $589.70 PP = $608.94
MB = $639.39
Most Recent Note - 8/19/2021 6:26:51 PM
G - Color code is changed to green after slumping further below its 50 DMA line ($563) with today's 6th consecutive loss. Prior lows in the $530 area define the next important near-term support to watch. Completed a new Public Offering on 8/11/21. A rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Consolidating Near Prior Highs Facing Little Resistance - 8/9/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for BLDR BLDR - NYSE
Builders Firstsource Inc
Bldg-Constr Prds/Misc  
$48.43 -0.79
-1.61%

$49.41

2,849,608
84.36% of 50 DAV
50 DAV is 3,378,000
$53.99
-10.30%
8/12/2021 $52.38 PP = $54.09
MB = $56.79
Most Recent Note - 8/19/2021 6:11:51 PM
Y - Pulled back for a 5th consecutive loss today with below average volume. Highlighted in yellow with pivot point cited based on its 5/10/21 high plus 10 cents in the 8/12/21 mid-day report. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Found support near its 200 DMA line. Reported very strong Dec '20, Mar and Jun '21 quarterly results versus the year ago periods. Sequential quarterly comparisons show impressive acceleration in its sales revenues growth rate as earnings also improved. Annual earning growth has been strong and steady A criteria).
>>> FEATURED STOCK ARTICLE : Rebounding Near Prior High After Another Strong Quarter - 8/12/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for SNPS SNPS - NASDAQ
Synopsys Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$315.99 +25.36
8.73%

$317.96

2,489,586
366.71% of 50 DAV
50 DAV is 678,900
$300.91
5.01%
8/18/2021 $293.22 PP = $301.01
MB = $316.06
Most Recent Note - 8/19/2021 12:33:51 PM
Y - Hitting new all-time highs with today's breakaway gap with heavy volume. Color code was changed to yellow with pivot point cited based on its 2/16/21 high plus 10 cents in the 8/18/21 mid-day report. After the close it reported sub par Jul '21 quarterly earnings +4% on +10% sales revenues versus the year ago period. As previously noted - "Volume and volatility often increase near earnings news. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Earnings rose +39% on +19% sales revenues for the Apr '21 quarter versus the year ago period, its 4th strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady."
>>> FEATURED STOCK ARTICLE : Latest Earnings Report Missed the +25% Minimum Guideline - 8/18/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CROX CROX - NASDAQ
Crocs Inc
CONSUMER NON-DURABLES - Textile - Apparel Footwear  
$139.17 -1.03
-0.73%

$139.43

1,059,100
91.62% of 50 DAV
50 DAV is 1,156,000
$147.31
-5.53%
6/14/2021 $112.64 PP = $110.01
MB = $115.51
Most Recent Note - 8/17/2021 3:26:42 PM
G - Pulling back from its all-time high, extended from any sound base. Near-term support to watch is at its 50 DMA line ($122). See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Wedging Higher and Very Extended From Any Sound Base - 8/16/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CRL CRL - NYSE
Charles River Labs Intl
DRUGS - Biotechnology  
$420.33 +4.25
1.02%

$424.24

183,214
60.67% of 50 DAV
50 DAV is 302,000
$423.63
-0.78%
6/9/2021 $345.91 PP = $349.23
MB = $366.69
Most Recent Note - 8/13/2021 5:25:59 PM
G - Extended from any sound base and stubbornly holding its ground perched near its all-time high. Recent volume totals have been lackluster while wedging into record high territory. Its 50 DMA line ($380) defines near-term support to watch on pullbacks. Two of the past 3 quarterly comparisons through Mar '21 have been above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched at High - 7/13/2021
 |  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
StockCharts.com Latest Chart for GNRC GNRC - NYSE
Generac Hldgs Inc
Electrical-Power/Equipmt  
$391.85 +1.80
0.46%

$397.50

429,312
52.81% of 50 DAV
50 DAV is 813,000
$457.00
-14.26%
6/8/2021 $348.46 PP = $342.38
MB = $359.50
Most Recent Note - 8/17/2021 12:41:28 PM
G - Raising concerns with today's loss violating its 50 DMA line ($409.62). Only a prompt rebound above the 50 DMA line would help its outlook improve. Reported Jun '21 quarterly earnings +71% on +68% sales revenues versus the year ago period. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Gain for New High Leaves GNRC Very Extended From Prior Base - 7/12/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CAMT CAMT - NASDAQ
Camtek Ltd
ELECTRONICS - Scientific and Technical Instrum  
$35.96 +0.31
0.87%

$36.46

147,299
75.15% of 50 DAV
50 DAV is 196,000
$40.47
-11.14%
8/4/2021 $39.67 PP = $40.57
MB = $42.60
Most Recent Note - 8/17/2021 5:17:50 PM
G - Raised concerns as it violated its 50 DMA line ($36.52) during a streak of 3 consecutive losses. Only a prompt rebound above the 50 DMA line would help its outlook improve. Prior low ($32 30) defines the next important near-term support to watch. Reported Jun '21 quarterly earnings +138% on +82% sales revenues versus the year-ago period, continuing its strong earnings track record. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recent 50-Day Moving Average Violation Again Raised Concerns - 8/17/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for PKI PKI - NYSE
Perkinelmer Inc
ELECTRONICS - Scientific and Technical Instrum  
$181.77 +0.70
0.39%

$182.79

623,660
83.27% of 50 DAV
50 DAV is 749,000
$188.40
-3.52%
8/18/2021 $181.07 PP = $188.50
MB = $197.93
Most Recent Note - 8/18/2021 5:28:09 PM
Y - Stubbornly holding its ground after forming a "3-weeks tight" base. Color code is changed to yellow with new pivot point cited based on its 8/05/21 high plus 10 cents. Its 50 DMA line ($163).and prior high ($162) define important near-term support to watch. Reported earnings +80% on +51% sales revenues for the Jun '21 quarter versus the year ago period.
>>> FEATURED STOCK ARTICLE : Powerful Volume-Driven Breakout After Earnings Report - 7/26/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for TRMB TRMB - NASDAQ
Trimble Inc
ELECTRONICS - Scientific and Technical Instrum  
$88.93 +0.14
0.16%

$89.43

1,889,731
202.98% of 50 DAV
50 DAV is 931,000
$90.25
-1.46%
8/5/2021 $88.83 PP = $84.97
MB = $89.22
Most Recent Note - 8/19/2021 12:39:30 PM
Y - Holding its ground but churning above average volume near its all-time high. Prior highs and its 50 DMA line ($83.31) define near-term support to watch on pullbacks. Reported earnings +38% on +29% sales revenues for the Jun '21 quarter versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady.
>>> FEATURED STOCK ARTICLE : Finished Strong With Gain for New High Backed by Volume - 8/5/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for UMC UMC - NYSE
United Microelectrnc Adr
ELECTRONICS - Semiconductor - Integrated Cir  
$10.20 -0.03
-0.29%

$10.24

8,875,444
138.92% of 50 DAV
50 DAV is 6,389,000
$11.71
-12.89%
8/5/2021 $11.62 PP = $11.38
MB = $11.95
Most Recent Note - 8/18/2021 12:49:40 PM
Y - Gapped up today. Pulled back below its pivot point with volume-driven losses this week indicative of distributional pressure. Stalled since reaching a new 52-week high. Recent highs and its 50 DMA line ($9.81) define near term support to watch.
>>> FEATURED STOCK ARTICLE : Taiwan-Based Semiconductor Firm's Breakout Highlighted This Week - 8/6/2021
 |  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
StockCharts.com Latest Chart for ASML ASML - NASDAQ
A S M L Holding N.V. NY
ELECTRONICS - Semiconductor Equipment and Mate  
$781.51 +9.06
1.17%

$784.01

513,934
77.87% of 50 DAV
50 DAV is 660,000
$805.64
-3.00%
5/25/2021 $669.59 PP = $675.75
MB = $709.54
Most Recent Note - 8/19/2021 6:09:37 PM
G - Volume totals have been cooling while hovering near its all-time high, stubbornly holding its ground. Its 50 DMA line ($727) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Semi Equipment Firm Extended From Any Sound Base - 8/11/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for ENTG ENTG - NASDAQ
Entegris Inc
ELECTRONICS - Semiconductor Equipment and Mate  
$112.82 +1.19
1.07%

$113.14

425,706
62.08% of 50 DAV
50 DAV is 685,700
$126.41
-10.75%
8/4/2021 $125.33 PP = $126.51
MB = $132.84
Most Recent Note - 8/13/2021 12:20:42 PM
G - Slumped below its 50 DMA line ($118.32) with heavier volume behind damaging losses this week raising greater concerns. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains and a close above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Fundamentals remain strong as it reported Jun '21 quarterly earnings +42% on +27% sales revenues. Its Relative Strength Rating has slumped to 78, below the 80+ minimum guideline for buy candidates.
>>> FEATURED STOCK ARTICLE : Perched Near High After 6th Consecutive Gain - 8/4/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for LUNA LUNA - NASDAQ
Luna Innovations Inc
Medical-Research Eqp/Svc  
$10.60 +0.02
0.19%

$10.61

123,532
75.55% of 50 DAV
50 DAV is 163,500
$13.05
-18.77%
7/26/2021 $12.46 PP = $13.15
MB = $13.81
Most Recent Note - 8/19/2021 6:31:34 PM
Tested support at its 200 DMA line today, but failing to hold its ground since a gap down on 8/10/21. It will be dropped from the Featured Stocks list tonight. Weakness came after reporting Jun '21 quarterly earnings +0% on +50% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Disciplined investors note that since featured on 7/26/21 it did not trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Pulled Back After Streak of Gains Challenging 52-Week High - 7/27/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CLFD CLFD - NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$41.00 -0.50
-1.20%

$41.80

43,603
36.95% of 50 DAV
50 DAV is 118,000
$45.36
-9.61%
7/23/2021 $40.23 PP = $43.74
MB = $45.93
Most Recent Note - 8/18/2021 5:21:02 PM
Y - Still holding its ground stubbornly near its high with volume totals cooling after recent volume-driven gains. Fundamentals remain strong. Bullish action came after it reported Jun '21 quarterly earnings +100% on +49% sales revenues.
>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gain Challenging Prior High After Earnings - 7/23/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for POOL POOL - NASDAQ
Pool Corp
WHOLESALE - Basic Materials Wholesale  
$484.37 +7.73
1.62%

$487.63

188,422
75.98% of 50 DAV
50 DAV is 248,000
$495.22
-2.19%
8/19/2021 $484.37 PP = $495.32
MB = $520.09
Most Recent Note - 8/19/2021 6:18:20 PM
Y - Color code is changed to yellow after forming an advanced "3-weeks tight" base. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Volume totals cooled in recent weeks while stubbornly holding its ground perched at its all-time high. Its 50 DMA line ($465) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Churned Heavy Volume While Testing 50-Day Moving Average - 7/22/2021
 |  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
StockCharts.com Latest Chart for SMPL SMPL - NASDAQ
Simply Good Foods Co
Food-Confectionery  
$34.68 +0.13
0.38%

$35.11

361,536
78.73% of 50 DAV
50 DAV is 459,200
$38.50
-9.92%
12/28/2020 $30.40 PP = $31.44
MB = $33.01
Most Recent Note - 8/17/2021 3:39:00 PM
G - Losses on light volume have it slumping below its 50 DMA line ($36.43) and testing near prior highs in the $35 area. More damaging losses would raise greater concerns. Reported May '21 quarterly earnings +65% on +32% sales revenues versus the year ago period, well above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Pulled Back from High With Small Losses on Light Volume - 7/15/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for PYPL PYPL - NASDAQ
"PayPal Holdings, Inc"
Finance-CrdtCard/PmtPr  
$270.58 +1.74
0.65%

$272.01

5,105,891
80.78% of 50 DAV
50 DAV is 6,320,900
$310.16
-12.76%
7/27/2021 $296.69 PP = $307.82
MB = $323.21
Most Recent Note - 8/19/2021 6:21:58 PM
Sputtering after a noted 50 DMA line violation with damaging volume-driven losses raised concerns. A rebound above the 50 DMA line is needed for its outlook to improve. Weak action came after it reported Jun '21 quarterly earnings +7% on +19% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Its Relative Strength Rating has slumped to 76, below the 80+ minimum guideline for buy candidates. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Paypal Perched at Record High - 7/28/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for SQ SQ - NYSE
Square Inc Cl A
Finance-CrdtCard/PmtPr  
$257.35 -2.31
-0.89%

$260.48

5,105,888
59.96% of 50 DAV
50 DAV is 8,516,000
$289.23
-11.02%
8/2/2021 $273.78 PP = $283.29
MB = $297.45
Most Recent Note - 8/19/2021 6:28:54 PM
Y - Volume totals have been cooling during a streak of 8 consecutive losses. Stalled after reaching a new all-time high. Bullish action came after reporting Jun '21 quarterly earnings +267% on +143% sales revenues versus the year ago period, its 4th strong comparison well above the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Pullback Following Big Gain on Strong Earnings and M&A News - 8/3/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for SHOP SHOP - NYSE
Shopify Inc Cl A
Computer Sftwr-Enterprse  
$1,466.11 -23.07
-1.55%

$1,499.55

623,536
44.51% of 50 DAV
50 DAV is 1,401,000
$1,650.00
-11.14%
7/2/2021 $1,468.00 PP = $1,552.23
MB = $1,629.84
Most Recent Note - 8/19/2021 6:23:21 PM
Y - Volume totals have been cooling while consolidating near its 50 DMA line ($1,484) and also testing February 2021 highs which help define important near-term support to watch. More damaging losses would raise concerns and trigger technical sell signals. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Managed a Positive Reversal After Early Weakness - 7/19/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for YETI YETI - NYSE
Yeti Holdings Inc
Leisure-Products  
$96.37 -0.27
-0.28%

$97.02

655,177
61.58% of 50 DAV
50 DAV is 1,064,000
$105.62
-8.76%
5/13/2021 $84.20 PP = $90.65
MB = $95.18
Most Recent Note - 8/19/2021 6:07:21 PM
G - Testing its 50 DMA line ($94.46) which defines near-term support to watch. There was a noted "negative reversal" after hitting a new all-time high on 8/06/21. Reported Jun '21 quarterly earnings +66% on +45% sales revenues versus the year ago period, continuing its strong earnings track record. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Important Test of 50-Day Moving Average Line - 8/19/2021
 |  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
StockCharts.com Latest Chart for DOCU DOCU - NASDAQ
Docusign Inc
Computer Sftwr-Enterprse  
$286.84 +2.03
0.71%

$291.39

2,038,983
91.76% of 50 DAV
50 DAV is 2,222,000
$314.76
-8.87%
7/6/2021 $288.96 PP = $290.33
MB = $304.85
Most Recent Note - 8/16/2021 6:28:56 PM
Y - Slumped to test its 50 DMA line ($283) with light volume behind today's big loss. A violation would raise greater concerns and trigger a technical sell signal. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Reversed From High After Recently Wedging Higher Without Volume - 8/13/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for JEF JEF - NYSE
Jefferies Financial Grp
Finance-Invest Bnk/Bkrs  
$33.98 -0.65
-1.88%

$34.53

1,752,149
89.26% of 50 DAV
50 DAV is 1,963,000
$36.02
-5.66%
6/28/2021 $31.81 PP = $34.42
MB = $36.14
Most Recent Note - 8/17/2021 3:36:55 PM
Y - Hovering near its all-time high with light volume behind today's 4th consecutive small loss, Its 50 DMA line ($32.89) defines near-term support to watch. More damaging losses would raise concerns and trigger a technical sell signal. As previously noted - "Subsequent gains above the pivot point backed by at least +40% above average volume are necessary to trigger a technical buy signal."
>>> FEATURED STOCK ARTICLE : Quiet Gains for New High Closes - 8/10/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for CLAR CLAR - NASDAQ
Clarus Corporation
Leisure-Products  
$26.85 +0.19
0.71%

$27.11

156,466
72.44% of 50 DAV
50 DAV is 216,000
$32.36
-17.03%
5/12/2021 $21.40 PP = $19.73
MB = $20.72
Most Recent Note - 8/19/2021 6:14:39 PM
G - Found prompt support today as it rebounded to close near its 50 DMA line ($26.93). Recently pulling back from its 52-week high after getting very extended from any sound base. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Hitting Another New High - 7/20/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for AVTR AVTR - NYSE
Avantor Inc
Medical-Research Eqp/Svc  
$38.83 +0.53
1.38%

$39.19

2,452,146
68.08% of 50 DAV
50 DAV is 3,602,000
$39.45
-1.57%
6/10/2021 $32.94 PP = $34.09
MB = $35.79
Most Recent Note - 8/19/2021 6:11:05 PM
G - Stubbornly holding its ground perched at its all-time high, extended from any sound base. Its 50 DMA line ($36.47) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Held Ground But Made Little Price Progress Since Featured - 7/14/2021
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
StockCharts.com Latest Chart for MIME MIME - NASDAQ
Mimecast Limited
Computer Sftwr-Security  
$57.92 -0.06
-0.10%

$58.19

405,472
72.80% of 50 DAV
50 DAV is 557,000
$59.96
-3.40%
8/2/2021 $56.12 PP = $59.58
MB = $62.56
Most Recent Note - 8/13/2021 5:27:47 PM
Y - Posted a gain today with light volume for a best-ever close. Stubbornly held its ground with volume totals cooling after a big volume-driven gain on 8/03/21 for a new all-time high. Bullish action came after reporting Jun '21 quarterly earnings +45% on +24% sales revenues versus the year ago period. It was highlighted in yellow in the prior mid-day report with pivot point cited based on its 12/28/20 high plus 10 cents when noted - "Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal."
>>> FEATURED STOCK ARTICLE : Perched Not Far From High With Earnings News Due Pre-Open - 8/2/2021
 |  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

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