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AFTER MARKET UPDATE - THURSDAY, SEPTEMBER 6TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +20.88 25,995.87 +0.08% Volume 772,770,420 -5% Volume 2,365,310,210 -9%
NASDAQ -72.44 7,922.73 -0.91% Advancers 1,200 41% Advancers 1,045 35%
S&P 500 -10.55 2,878.05 -0.37% Decliners 1,737 59% Decliners 1,966 65%
Russell 2000 -13.18 1,714.47 -0.76% 52 Wk Highs 100   52 Wk Highs 103  
S&P 600 -7.71 1,084.05 -0.71% 52 Wk Lows 109   52 Wk Lows 83  

Nasdaq Slumps Due to Tech Sector Weakness

Stocks were mixed Thursday. The Dow added 20 points to 25995, while the S&P 500 lost 10 points to 2878. The Nasdaq Composite fell 72 points to 7922. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session's totals. Decliners led advancers by almost a 3-2 margin on the NYSE and nearly a 2-1 margin on the Nasdaq exchange. There were 59 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 64 on the prior session. New 52-week lows outnumbered new 52-week highs on the NYSE while new highs still outnumbered new lows on the Nasdaq exchange. The major indices (M criteria) remain in a confirmed uptrend with a healthy crop of stocks hitting new highsThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The tech-heavy Nasdaq Composite Index is encountering distributional pressure while retreating from its record high.

The major averages were mostly lower as Technology stocks extended losses from the previous session. On the data front, private payrolls increased by 163,000 in August, well below the consensus estimates of 190,000 and the weakest reading since last October. In a separate report, an update from ISM showed activity in the service sector expanded at a faster rate than projected in August. Additional updates revealed factory orders declined more than anticipated in July, while durable goods order slipped 1.7%, in-line with expectations.

Six of 11 S&P 500 sectors finished higher but were unable to overcome a sharp decline in both the Tech and Energy groups. Technology stocks extended losses from the prior session as Twitter (TWTR -5.87%) violated its 200-day moving average line while Apple (AAPL -1.66%) and Facebook (FB -2.78%) both suffered smaller losses. Micron Technology (MU -9.87%) and Kemet Corp (KEM -7.89%) each suffered a big loss.  Industrials were a notable outperformer as Boeing (BA +1.32%) and Lockheed Martin (LMT +2.36%) rose.

Treasuries strengthened along the curve as the yield on the 10-year note fell two basis points to 2.88%. In commodities, WTI crude declined 1.2% to $67.90/barrel after a report revealed U.S. crude stockpiles unexpectedly climbed in the prior week. COMEX gold added 0.3% to $1199.70/ounce amid 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.


Financial, Tech, Retail, and Energy-Linked Groups Fell

The Broker/Dealer Index ($XBD -1.87%), Bank Index ($BKX -0.77%), and Retail Index ($RLX -0.51%) created a drag on the major averagesThe tech sector had a negative bias as the Semiconductor Index ($SOX -2.67%) and Biotech Index ($BTK -2.08%) both outpaced the Networking Index ($NWX -1.12%) while all were headed lower. Commodity-linked groups had a negative bias as the Oil Services Index ($OSX -2.46%) and Integrated Oil Index ($XOI -1.62%) both outpaced the Gold & Silver Index ($XAU -0.25%) to the downside.

Charts courtesy of www.stockcharts.com

PICTURED: The Biotech Index ($BTK -2.08%) is retreating from its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  135.40 -3.42 -2.46% -9.46%
Integrated Oil $XOI  1,472.42 -24.17 -1.62% +10.25%
Semiconductor $SOX  1,366.35 -37.47 -2.67% +9.04%
Networking $NWX  555.63 -6.29 -1.12% +13.27%
Broker/Dealer $XBD  271.27 -5.18 -1.87% +2.27%
Retail $RLX  2,386.56 -12.16 -0.51% +37.65%
Gold & Silver $XAU  62.91 -0.16 -0.25% -26.22%
Bank $BKX  110.06 -0.85 -0.77% +3.14%
Biotech $BTK  5,174.03 -110.12 -2.08% +22.54%


Strong Beverage Firm Challenges Prior High

National Beverage Corp (FIZZ +$5.34 or +4.48% to $124.60) was highlighted in yellow with new pivot point cited based on its 9/11/17 high plus 10 cents in the earlier mid-day report (read here). It challenged its high with today's volume-driven gain. Subsequent gains above the pivot point for a new high (N criteria) backed by at least +40% above average volume are needed to trigger a proper technical buy signal. 

The high-ranked Beverages - Soft Drinks firm reported Jun '17 quarterly earnings +32% on +20% sales revenues, continuing its streak of strong quarterly earnings (C criteria) results. Annual earnings (A criteria) growth has been strong after a downturn in FY '14. Its small supply of only 11.2 million shares (S criteria) in the public float can contribute to greater volatility.

This Fort Lauderdale, FL based firm has seen the number of top-rated funds owning its shares fall from 328 in Dec '17 to 294 in Jun '18. Its current Up/Down Volume Ratio of 0.9 is an unbiased indication its shares have faced mild distributional pressure over the past 50 days. It has a Timeliness Rating of C, Accumulation/Distribution Rating of B, and a Sponsorship Rating of B. 

Charts 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  
$15.40 +0.00
0.00%

$15.45

60,159
68.36% of 50 DAV
50 DAV is 88,000
$16.30
-5.52%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 9/4/2018 5:46:01 PM
G - Consolidating above its 50 DMA line ($15.12). The prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is 79, still just below the 80+ minimum guideline for buy candidates. Met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bank Perched Less Than -5% Off Record High - 8/23/2018
 |  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  
$320.47 -5.26
-1.61%

$327.48

325,944
74.76% of 50 DAV
50 DAV is 436,000
$333.74
-3.98%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/4/2018 4:01:56 PM
Y - Met resistance in recent weeks near prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal. The 50 DMA line ($311) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Bank Posted Quiet Gain for a Best-Ever Close - 8/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$166.98 -0.19
-0.11%

$168.57

219,945
57.88% of 50 DAV
50 DAV is 380,000
$172.73
-3.33%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/4/2018 4:03:29 PM
G - Volume totals have been cooling while stubbornly holding its ground near its "max buy" level. Prior high in the $161 area defines initial support above its 50 DMA line ($153) Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Big Gain for New High Backed by Heavy Volume - 8/7/2018
 |  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  
$135.69 -1.48
-1.08%

$137.26

591,719
119.54% of 50 DAV
50 DAV is 495,000
$144.19
-5.89%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/6/2018 12:32:13 PM
Y - Color code is changed to yellow while pulling back below its "max buy" level. Prior highs in the $137 area define near term support along with its 50 DMA line ($132.75). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Tech Services Firm Remains Fundamentally and Technically Strong - 8/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$104.57 -10.43
-9.07%

$115.00

1,515,345
162.59% of 50 DAV
50 DAV is 932,000
$118.75
-11.94%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/6/2018 6:05:39 PM
Y - Slumped back below its pivot point with today's big loss on higher volume raising concerns while negating the recent breakout. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Household Appliance Maker Rallied From Choppy Base - 8/29/2018
 |  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  
$216.18 +1.35
0.63%

$217.16

510,147
79.71% of 50 DAV
50 DAV is 640,000
$225.92
-4.31%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 9/4/2018 3:58:31 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($216). The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line($202). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Testing 50-Day Average With Loss on Higher Volume - 8/3/2018
 |  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  
$212.77 +1.61
0.76%

$213.27

3,026,415
97.94% of 50 DAV
50 DAV is 3,090,000
$217.35
-2.11%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/4/2018 4:00:03 PM
Y - Touched a new high with a gain today with near average volume, poised for its best-ever close. Its 50 DMA line ($204) defines support above the prior lows in the $193-196 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Moving Average Line - 8/10/2018
 |  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  
$144.50 +1.83
1.28%

$144.70

9,547,964
135.45% of 50 DAV
50 DAV is 7,049,000
$147.86
-2.27%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/5/2018 5:56:52 PM
G - Suffered a large loss with heavy volume today, action indicative of distributional pressure. It is extended from any sound base. Its 50 DMA line ($139) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> 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 
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$40.54 -2.00
-4.70%

$43.00

578,208
152.16% of 50 DAV
50 DAV is 380,000
$48.26
-16.00%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/6/2018 11:48:39 AM
Y - Slumping further below its pivot point and toward its 50 DMA line ($39.50) with today's 4th consecutive loss. Thee 50 DMA line and recent low ($39.79 on 8/17/18) define important near-term support. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Five Times Average Volume Behind Breakout Gain - 8/13/2018
 |  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  
$62.20 -0.65
-1.03%

$63.65

237,318
83.56% of 50 DAV
50 DAV is 284,000
$64.00
-2.81%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/4/2018 3:55:34 PM
Y - Quietly perched near its all-time high after a streak of gains marked by light and average volume. Found prompt support near its 50 DMA line ($59.39) in recent weeks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Earnings News Due for Financial Firm Perched Near High - 8/6/2018
 |  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  
$839.74 -9.52
-1.12%

$860.00

11,263
86.64% of 50 DAV
50 DAV is 13,000
$874.00
-3.92%
7/5/2018 $714.90 PP = $739.99
MB = $776.99
Most Recent Note - 9/4/2018 5:31:11 PM
G - Managed a best-ever close with today's gain on higher volume nearly challenging its all-time high. Very extended from any sound base. The 50 DMA line ($776) and recent low ($760 on 8/15/18) define important near-term support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Best Ever Close After a Solid Gain on Higher Volume - 9/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIZZ - NASDAQ
National Beverage Corp
FOOD and BEVERAGE - Beverages - Soft Drinks  
$124.60 +5.34
4.48%

$127.32

482,424
211.59% of 50 DAV
50 DAV is 228,000
$129.82
-4.02%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/6/2018 6:02:53 PM
Y - Highlighted in yellow with new pivot point cited based on its 9/11/17 high plus 10 cents in the earlier mid-day report. Challenged its high with today's big gain backed by +111% above average volume. Subsequent gains above the pivot point for a a new high (N criteria) backed by at least +40% above average volume may trigger a proper technical buy signal. Reported Jun '17 quarterly earnings +32% on +20% sales revenues, continuing its streak of strong quarterly earnings (C criteria) results. Annual earnings (A criteria) growth has been strong after a downturn in FY '14. Small supply of only 11.2 million shares (S criteria) in the public float can contribute to greater volatility. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Strong Beverage Firm Challenges Prior High - 9/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$165.35 +6.57
4.14%

$165.89

1,041,470
184.01% of 50 DAV
50 DAV is 566,000
$164.10
0.76%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/6/2018 1:18:32 PM
Y - Color code is changed to yellow with new pivot point cited based on its 6/12/18 high plus 10 cents. Hitting new 52-week and all-time highs with today's big gain. Gains above a stock's pivot point must have at least +40% above average volume to trigger a proper technical buy signal. Found support near its 200 DMA line during the consolidation since last noted in the 7/26/18 mid-day report - "Reported Jun '18 quarterly earnings +67% on +23% sales revenues, its 3rd consecutive strong quarterly comparison versus the year-ago period." There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$290.53 +0.72
0.25%

$292.85

648,788
110.90% of 50 DAV
50 DAV is 585,000
$305.34
-4.85%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/5/2018 5:43:01 PM
Y - Enduring mild distributional pressure after recently wedging to new 52-week highs with gains lacking volume conviction. Subsequent gains above the pivot point backed by at least +40% above average volume are still needed to clinch a proper new (or add-on) technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Pulling Back After Wedging Gains for Highs Lacked Great Volume - 9/5/2018
 |  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  
$115.51 +0.75
0.65%

$116.04

2,076,638
259.58% of 50 DAV
50 DAV is 800,000
$119.70
-3.50%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/5/2018 12:22:08 PM
G - Retreating from its all-time high with today's big volume-driven loss. Prior highs and its 50 DMA line ($104.56) define near-term support to watch on pullbacks. Due to report Jul '18 quarterly results after the close on Thursday, September 6th. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched Near Record High - 8/16/2018
 |  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
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$193.18 +2.42
1.27%

$194.33

1,840,453
108.65% of 50 DAV
50 DAV is 1,694,000
$201.00
-3.89%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/5/2018 12:34:01 PM
Y - Retreating from its 52-week high with today's big loss on higher volume. The 8/29/18 gain above the pivot point backed by +77% above average volume clinched a new (or add-on) technical buy signal. The recent low ($174) defines the next important near-term support. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Average Line Raises Concerns - 8/17/2018
 |  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  
$89.95 +0.65
0.73%

$92.50

77,526
103.37% of 50 DAV
50 DAV is 75,000
$91.55
-1.75%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/4/2018 5:32:30 PM
G - Gradually rebounding near its all-time high since pricing a new Public Offering and gapping down on 8/09/18. Its 50 DMA line ($78.77) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Remains Perched Near All-Time High Following Offering - 8/21/2018
 |  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  
$220.37 -1.86
-0.84%

$224.41

2,053,023
181.04% of 50 DAV
50 DAV is 1,134,000
$232.88
-5.37%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/5/2018 5:55:08 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level. Its 50 DMA line ($213) defines initial support above the prior low ($193 on 7/30/18). Due to report earnings after the close on Thursday, September 6, 2018. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Violated 50-day Average With Volume-driven Loss - 7/31/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$89.70 +1.05
1.18%

$90.30

220,911
66.74% of 50 DAV
50 DAV is 331,000
$98.30
-8.75%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/5/2018 5:59:04 PM
G- Color code is changed to green after slumping to a close below its 50 DMA line ($89.34). The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. Subsequent volume-driven gains above the pivot point are needed to trigger a technical buy signal, however, it faces some near-term resistance due to overhead supply up to the $98 level.
>>> FEATURED STOCK ARTICLE : Cloud Security Firm Faces Some Near Term Resistance - 9/3/2018
 |  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  
$267.77 -4.52
-1.66%

$276.96

1,300,734
125.07% of 50 DAV
50 DAV is 1,040,000
$313.37
-14.55%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/5/2018 5:45:29 PM
Y - Encountered distributional pressure and tested its 50 DMA line ($272) with another loss backed by above average volume. More damaging losses would raise concerns and hurt its outlook.Subsequent volume-driven gains and a strong close above the pivot point would be a reassuring sign of fresh institutional buying demand.
>>> FEATURED STOCK ARTICLE : Considerable Gap Up Gain With Heavy Volume - 8/24/2018
 |  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
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$152.04 +3.62
2.44%

$152.63

743,840
97.87% of 50 DAV
50 DAV is 760,000
$156.99
-3.15%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/5/2018 5:47:07 PM
G - Retreated from its all-time high with a big loss today on higher volume. Very extended from any sound base after rallying well above prior highs in the $118 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bullish Action Followed Strong Earnings News - 8/1/2018
 |  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  
$137.75 +0.13
0.09%

$139.55

1,001,828
67.10% of 50 DAV
50 DAV is 1,493,000
$145.37
-5.24%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/5/2018 5:50:42 PM
Y - Suffered a big loss today on higher (near average) volume. Recent gains lacked great volume conviction. Gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High Following Considerable Rally - 8/2/2018
 |  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  
$95.42 -1.50
-1.55%

$96.48

699,969
175.87% of 50 DAV
50 DAV is 398,000
$97.94
-2.57%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/6/2018 12:47:28 PM
G - Hit new all-time highs with impressive volume-driven gains, but it is very extended from any sound base. Prior highs in the $82-83 area define support along with its 50 DMA line ($83).
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Testing Support at 50-Day Average - 7/25/2018
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LOB - NASDAQ
"Live Oak Bancshares, Inc."
Banks-Southeast  
$29.75 -0.30
-1.00%

$30.13

43,368
30.52% of 50 DAV
50 DAV is 142,100
$32.95
-9.71%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 9/4/2018 12:55:04 PM
G - Its Relative Strength Rating is 77, below the 80+ minimum guideline. Meeting resistance today, whereas a convincing rebound above the 50 DMA line ($30.49) would help its outlook improve. The recent low and 200 DMA line ($27.98) define important near-term chart support.
>>> FEATURED STOCK ARTICLE : Recently Met Resistance at 50-Day Moving Average - 8/28/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$89.00 -0.05
-0.06%

$89.56

6,818,183
96.59% of 50 DAV
50 DAV is 7,059,000
$93.44
-4.75%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/5/2018 5:48:48 PM
Y - Suffered a big loss on higher volume today, slumping below its "max buy" level, and its color code is changed to yellow. Its 50 DMA line ($86.94) defines support above prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Paypal Pulling Back From Record High - 7/26/2018
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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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$87.95 -0.55
-0.62%

$89.85

1,327,348
224.97% of 50 DAV
50 DAV is 590,000
$89.10
-1.29%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/6/2018 1:19:28 PM
G - Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Extended from any sound base and perched at its all-time high after 14 consecutive gains. Prior highs in the $77 area define initial support to watch above its 50 DMA line ($75.24).
>>> FEATURED STOCK ARTICLE : Hitting New Highs With More Volume-Driven Gains - 8/22/2018
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NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$75.20 -0.05
-0.07%

$75.90

105,908
58.51% of 50 DAV
50 DAV is 181,000
$78.85
-4.63%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/4/2018 1:00:47 PM
G - Still perched near its 52-week high, extended from the prior base. Prior highs in the $68-69 area define support along with its 50 DMA line ($68.22).
>>> FEATURED STOCK ARTICLE : Electronic Systems Leader is Extended From Prior Base - 8/30/2018
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$86.68 -0.93
-1.06%

$88.49

1,829,753
146.15% of 50 DAV
50 DAV is 1,252,000
$92.26
-6.05%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/5/2018 12:37:41 PM
G - Extended from any sound base, well above its 50 DMA line ($73.63) which defines near-term support. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Pullback Following Recent technical Breakout - 7/30/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$35.89 -0.05
-0.14%

$36.19

770,240
87.83% of 50 DAV
50 DAV is 877,000
$37.26
-3.68%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/4/2018 5:41:51 PM
G - Posted a gain today with average volume for another new all-time high, getting more extended from the latest base. Prior highs in the $32 area define initial support to watch above its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
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