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, February 25, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - FRIDAY, SEPTEMBER 7TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -79.33 25,916.54 -0.31% Volume 707,385,800 -8% Volume 2,150,091,010 -9%
NASDAQ -20.19 7,902.54 -0.25% Advancers 960 33% Advancers 1,320 45%
S&P 500 -6.37 2,871.68 -0.22% Decliners 1,984 67% Decliners 1,641 55%
Russell 2000 -1.29 1,713.18 -0.08% 52 Wk Highs 81   52 Wk Highs 108  
S&P 600 -2.90 1,081.15 -0.27% 52 Wk Lows 134   52 Wk Lows 85  

Major Indices the Ended Session and Week Lower

For the holiday shortened week, the Dow lost 0.2% while the S&P 500 declined 1.0%. The Nasdaq Composite slumped 2.6%. Stocks finished lower Friday. The Dow lost 79 points to 25916 while the S&P 500 retreated 6 points to 2871. The Nasdaq Composite slipped 20 points to 7902. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session's totals. Decliners led advancers by a 2-1 margin on the NYSE but decliners led advancers by an 8-7 margin on the Nasdaq exchange. There were 67 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 S&P 500 Index pulled back from its record high, ending near the January high.

The major averages declined amid lingering trade concerns. In geopolitical news, President Trump signaled willingness to impose tariffs on nearly all Chinese imported goods. Elsewhere, the negotiations between the U.S. and Canada for a NAFTA replacement resumed, but the two parties have yet to reach an agreement. On the data front, non-farm payrolls increased by 201,000 in August, well above projections of 190,000. Average hourly earnings increased more than anticipated in August, advancing 2.9% year-over-year, the largest gain since 2009. Meanwhile, the unemployment rate held steady at 3.9% to remain at a historically low level.

Ten of 11 S&P 500 sectors ended in negative territory with the rate sensitive Real Estate and Utilities groups down the most. Consumer Staples also underperformed as Mondelez (MDLZ -2.23%). Apple (AAPL -0.81%) edged lower after the iPhone maker warned that potential tariffs on Chinese goods would hurt their products.

Treasuries weakened along the curve with the yield on the 10-year note up six basis points to 2.94%. In commodities, WTI crude gained 0.2% to $67.88/barrel. COMEX gold was down 0.3% to $1195.90/ounce amid a stronger 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.


Semiconductor, Biotech, and Integrated Oil Indexes Fell

The Broker/Dealer Index ($XBD +0.19%) eked out a small gain while the Bank Index ($BKX -0.21%) and Retail Index ($RLX -0.08%) both ended slightly in the redThe tech sector was mixed as the Semiconductor Index ($SOX -0.41%) and Biotech Index ($BTK -0.66%) both lost ground while the Networking Index ($NWX +0.10%) posted a tiny gain. The Gold & Silver Index ($XAU +0.21%) and the Oil Services Index ($OSX +0.37%) posted modest gains while the Integrated Oil Index ($XOI -0.47%) finished to the downside.

Charts courtesy of www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI -0.47%) is retreating toward its 200-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  135.90 +0.50 +0.37% -9.13%
Integrated Oil $XOI  1,465.45 -6.96 -0.47% +9.73%
Semiconductor $SOX  1,360.77 -5.58 -0.41% +8.60%
Networking $NWX  556.18 +0.56 +0.10% +13.38%
Broker/Dealer $XBD  271.79 +0.52 +0.19% +2.47%
Retail $RLX  2,384.72 -1.84 -0.08% +37.55%
Gold & Silver $XAU  63.04 +0.13 +0.21% -26.07%
Bank $BKX  109.82 -0.24 -0.22% +2.91%
Biotech $BTK  5,140.04 -34.00 -0.66% +21.74%


Trucking Firm Perched at All-Time High

Old Dominion Fght Line (ODFL -$0.17 or -0.10% to $165.18) reversed into the red today after hitting another new high. It was highlighted in yellow with new pivot point cited based on its 6/12/18 high plus 10 cents in the mid-day report (read here). It hit new 52-week and all-time highs with the prior gain backed by +80% above average volume triggering a technical buy signal.

It found support near its 200-day moving average (DMA) line during the consolidation since last noted in the 7/26/18 mid-day report - It reported Jun '18 quarterly earnings +67% on +23% sales revenues, its 3rd consecutive strong quarterly comparison versus the year-ago period.

The number of top-rated funds owning its shares rose from 565 in Sep '17 to 899 in Jun '18, a reassuring sign concerning the I criteria. It has a Timeliness Rating of B and Sponsorship Rating of B. Its small supply of 82 million shares (S criteria) outstanding can contribute to greater volatility in the event of institutional buying or selling.

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  
$15.50 +0.10
0.65%

$15.50

67,715
76.95% of 50 DAV
50 DAV is 88,000
$16.30
-4.91%
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  
$322.72 +2.25
0.70%

$325.25

366,873
85.92% of 50 DAV
50 DAV is 427,000
$333.74
-3.30%
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  
$167.83 +0.85
0.51%

$168.69

228,577
61.28% of 50 DAV
50 DAV is 373,000
$172.73
-2.84%
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  
$137.73 +2.04
1.50%

$138.60

366,489
74.34% of 50 DAV
50 DAV is 493,000
$144.19
-4.48%
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  
$103.39 -1.18
-1.13%

$105.54

1,110,491
116.28% of 50 DAV
50 DAV is 955,000
$118.75
-12.93%
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  
$214.86 -1.32
-0.61%

$216.51

361,937
58.28% of 50 DAV
50 DAV is 621,000
$225.92
-4.90%
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  
$211.09 -1.68
-0.79%

$213.24

3,232,872
105.44% of 50 DAV
50 DAV is 3,066,000
$217.35
-2.88%
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  
$143.20 -1.30
-0.90%

$144.44

13,609,421
192.06% of 50 DAV
50 DAV is 7,086,000
$147.86
-3.15%
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  
$40.07 -0.47
-1.16%

$40.88

453,609
117.52% of 50 DAV
50 DAV is 386,000
$48.26
-16.97%
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  
$62.00 -0.20
-0.32%

$62.90

177,781
63.04% of 50 DAV
50 DAV is 282,000
$64.00
-3.13%
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  
$836.00 -3.74
-0.45%

$848.50

9,218
70.91% of 50 DAV
50 DAV is 13,000
$874.00
-4.35%
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  
$116.18 -8.42
-6.76%

$124.75

372,829
164.24% of 50 DAV
50 DAV is 227,000
$129.82
-10.51%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/7/2018 11:43:11 AM
Y - Abruptly retreating today. Highlighted in yellow with new pivot point cited based on its 9/11/17 high plus 10 cents in the 9/06/18 mid-day report. Challenged its high with the prior 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 an 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  
$165.18 -0.17
-0.10%

$168.94

639,299
111.18% of 50 DAV
50 DAV is 575,000
$165.89
-0.43%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/7/2018 6:04:46 PM
Y -Reversed into the red today after early gains into new high territory. Highlighted in yellow with new pivot point cited based on its 6/12/18 high plus 10 cents in the prior mid-day report. Gain above the pivot point backed by +80% above average volume triggered a 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." See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Trucking Firm Perched at All-Time High - 9/7/2018
 |  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  
$294.07 +3.54
1.22%

$297.19

294,145
51.24% of 50 DAV
50 DAV is 574,000
$305.34
-3.69%
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  
$130.89 +15.38
13.31%

$136.13

5,214,503
639.82% of 50 DAV
50 DAV is 815,000
$119.70
9.35%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/7/2018 11:42:12 AM
G - Gapped up today hitting a new all-time high and getting very extended from any sound base. Bullish action came after reporting earnings +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Prior highs and its 50 DMA line ($105.50) define near-term support to watch on pullbacks.
>>> 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  
$196.98 +3.80
1.97%

$198.50

1,631,580
95.92% of 50 DAV
50 DAV is 1,701,000
$201.00
-2.00%
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  
$90.85 +0.90
1.00%

$91.70

53,409
71.21% of 50 DAV
50 DAV is 75,000
$92.50
-1.78%
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  
$227.61 +7.24
3.29%

$234.35

3,209,210
277.13% of 50 DAV
50 DAV is 1,158,000
$232.88
-2.26%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/7/2018 11:49:34 AM
G - Gapped up today hitting a new all-time high and its color code is changed to green after rallying above its "max buy" level. Its 50 DMA line ($213) defines initial support above the prior low ($193 on 7/30/18). Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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  
$90.55 +0.85
0.95%

$92.75

417,392
127.25% of 50 DAV
50 DAV is 328,000
$98.30
-7.88%
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  
$267.05 -0.72
-0.27%

$272.31

1,091,399
103.76% of 50 DAV
50 DAV is 1,051,800
$313.37
-14.78%
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  
$155.90 +3.86
2.54%

$156.25

785,575
104.19% of 50 DAV
50 DAV is 754,000
$156.99
-0.69%
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  
$141.92 +4.17
3.03%

$144.40

901,401
61.45% of 50 DAV
50 DAV is 1,467,000
$145.37
-2.37%
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  
$97.07 +1.65
1.73%

$97.77

601,973
149.74% of 50 DAV
50 DAV is 402,000
$97.94
-0.88%
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
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LOB - NASDAQ
"Live Oak Bancshares, Inc."
Banks-Southeast  
$29.65 -0.10
-0.34%

$29.85

107,255
76.12% of 50 DAV
50 DAV is 140,900
$32.95
-10.02%
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
 |  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  
$88.82 -0.18
-0.20%

$89.68

5,633,116
79.78% of 50 DAV
50 DAV is 7,061,000
$93.44
-4.94%
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
 |  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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$92.50 +4.55
5.17%

$92.75

1,292,558
214.00% of 50 DAV
50 DAV is 604,000
$89.85
2.95%
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
 |  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  
$75.65 +0.45
0.60%

$77.50

129,715
71.67% of 50 DAV
50 DAV is 181,000
$78.85
-4.06%
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
 |  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  
$87.01 +0.33
0.38%

$88.65

1,817,188
143.54% of 50 DAV
50 DAV is 1,266,000
$92.26
-5.69%
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
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$36.81 +0.92
2.56%

$37.12

670,894
75.72% of 50 DAV
50 DAV is 886,000
$37.26
-1.21%
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
 |  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