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AFTER MARKET UPDATE - FRIDAY, SEPTEMBER 21ST, 2018
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Indices NYSE Nasdaq
DOW  +86.52 26,743.50 +0.32% Volume 2,660,233,330 +226% Volume 3,715,179,600 +64%
NASDAQ -41.27 7,986.96 -0.51% Advancers 1,471 51% Advancers 1,368 45%
S&P 500 -1.08 2,929.67 -0.04% Decliners 1,440 49% Decliners 1,664 55%
Russell 2000 -7.87 1,712.32 -0.46% 52 Wk Highs 103   52 Wk Highs 103  
S&P 600 -5.57 1,074.35 -0.52% 52 Wk Lows 87   52 Wk Lows 48  

Indices Ended Mixed as New 52-Week Highs Outnumbered New Lows

For the week, the Dow gained 2.3%, the S&P 500 added 0.9% and the Nasdaq Composite fell 0.3%.Stocks finished mixed Friday. The Dow climbed 86 points to 26743, while the S&P 500 lost 1 point to 2929. The Nasdaq Composite fell 41 points to 7986.The volume totals reported were higher on the NYSE and higher on the Nasdaq exchange versus the prior session's totals. Breadth was fairly even as advancers led decliners by a very narrow margin on the NYSE, but decliners led advancers by an 8-7 margin on the Nasdaq exchange. There were 37 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 31 on the prior session. For the first time since September 14th, new 52-week highs totals outnumbered new 52-week lows on both the NYSE and the Nasdaq exchange. The major indices (M criteria) remain in a confirmed uptrend with a healthy crop of stocks hitting new highs. The Featured Stocks Pageprovides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED:The S&P 500 Index churned heavy volume while perched at a record high.

The Dow extended gains, and closed for the second consecutive day at a record high amid easing geopolitical tensions. Trading volume was higher than normal, as fund companies and ETF providers rebalance their products to account for the new upcoming GICS sector reclassification. Additionally, today’s session fell on a “quadruple witching day,” in which futures and options on indexes and individual stocks expire on the same day.

On the data front, preliminary PMI readings from research firm Markit showed the pace of manufacturing is accelerating slightly more than expected in September, while the services sector is expanding at the slowest pace since March 2017.

Six of 11 S&P 500 sectors ended the session in positive territory with Telecom, Energy and Utilities shares pacing gains. Technology shares lagged as Micron (MU -2.87%) slipped after the chipmaker topped profit forecasts, but warned the trade dispute could negatively impact future profits and demand.

Treasuries were mixed, with the yield on the 10-year note down one basis point to 3.06%. In commodities, WTI crude gained 0.7% to $70.83/barrel. COMEX gold lost 0.6% to $1198.90/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.


Energy-Linked Shares Rose Amid Broader Group Losses

The Oil Services Index ($OSX +1.69%) and the Integrated Oil Index ($XOI +0.79%) both posted gains while most other groups showed some weakness on Friday. The Broker/Dealer Index ($XBD -1.02%) and the Bank Index ($BKX -0.43%) both fell along with the Retail Index ($RLX -0.64%). The Gold & Silver Index ($XAU -1.15%) also edged lowerThe tech sector had a slightly negative bias as the Biotech Index ($BTK -0.64%) and Semiconductor Index ($SOX -0.33%) both edged lower while the Networking Index ($NWX -0.03%) finished flat.

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -1.02%) slumped to close the week back below its 50-day moving average (DMA) line. Regular readers may recall weakness in financials which has been recently noted as a worrisome "leading indicator" for the broader market outlook.  Historic studies have shown that the major indices are prone to having the most severe downdrafts when there is weakness in the financial groups, so the groups are important to watch closely.  Further deterioration would not bode well for the market, meanwhile, a rebound above the 200 DMA line (red line) would be a reassuring sign.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  147.55 +2.45 +1.69% -1.34%
Integrated Oil $XOI  1,522.43 +11.92 +0.79% +13.99%
Semiconductor $SOX  1,383.09 -4.58 -0.33% +10.38%
Networking $NWX  569.74 -0.20 -0.03% +16.15%
Broker/Dealer $XBD  274.35 -2.84 -1.02% +3.43%
Retail $RLX  2,392.51 -15.49 -0.64% +37.99%
Gold & Silver $XAU  66.03 -0.76 -1.14% -22.56%
Bank $BKX  110.07 -0.47 -0.43% +3.15%
Biotech $BTK  5,205.94 -33.70 -0.64% +23.30%


Found Recent Support at 50-Day Moving Average

Envestnet Inc (ENV -$1.25 or -2.00% to $61.40) found prompt support near its 50-day moving average (DMA )line ($60.85). It is still perched near its all-time high, stubbornly holding its ground in recent weeks. Fundamentals remain strong after it reported earnings +41% on +20% sales revenues foe the Jun '18 quarter, marking its 6th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). It has earned a 96 Earnings Per Share rating.

ENV was highlighted in yellow with pivot point cited based on its 3/21/18 high plus 10 cents in the 6/15/18 mid-day report (readhere). The high-ranked Financial Services - Specialty firm was last shown in this FSU section on 8/06/18 with an annotated graph under the headline, "Earnings News Due for Financial Firm Perched Near High". 

Annual earnings growth was flat in FY '16 but it has otherwise been strong. The number of top-rated funds owning its shares rose from 284 in Jun '17 to 372 in Jun '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has Timeliness Rating of C and 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  
$15.55 +0.20
1.30%

$15.70

339,730
434.44% of 50 DAV
50 DAV is 78,200
$16.30
-4.60%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 9/19/2018 12:40:14 PM
G - Edged below its 50 DMA line ($15.24) with a loss on higher volume on the prior session raising concerns. The prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is 72, 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  
$324.09 -3.58
-1.09%

$329.88

627,477
154.93% of 50 DAV
50 DAV is 405,000
$333.74
-2.89%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/20/2018 5:20:06 PM
Y - Posted a solid gain today, rising from its 50 DMA line ($317.92) and challenging prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal.
>>> 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  
$175.20 +0.42
0.24%

$178.14

464,345
124.82% of 50 DAV
50 DAV is 372,000
$179.47
-2.38%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/17/2018 6:02:50 PM
G - Loss today on lighter volume broke a streak of 6 consecutive gains into new high territory. Prior high in the $161 area defines initial support above its 50 DMA line ($158) 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  
$138.12 -0.60
-0.43%

$139.65

286,449
63.80% of 50 DAV
50 DAV is 449,000
$144.19
-4.21%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/21/2018 1:03:00 PM
G - Holding its ground near its "max buy" level. Volume totals have been cooling in recent weeks after a bout of distributional pressure. Prior highs in the $137 area define near term support along with its 50 DMA line ($135.50). 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  
$104.11 -2.18
-2.05%

$109.20

1,866,742
193.44% of 50 DAV
50 DAV is 965,000
$118.75
-12.33%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/20/2018 5:16:36 PM
Y - Suffered a big loss today on higher (near average) volume as it slumped back below its pivot point and finished near the session low. Prior low ($99.73 on 9/07/18) defines important near-term support to watch. Very little resistance remains due to overhead supply.
>>> 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
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$28.45 +0.00
0.00%

$28.50

554,841
332.24% of 50 DAV
50 DAV is 167,000
$30.10
-5.48%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 9/18/2018 6:01:12 PM
G - Sputtering after violating its 50 DMA line with volume-driven losses last week. A rebound above the 50 DMA line ($28.87) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : TriState Bank Perched Near All-Time High - 9/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$222.28 +0.10
0.05%

$227.15

1,051,448
187.09% of 50 DAV
50 DAV is 562,000
$225.92
-1.61%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/20/2018 5:13:46 PM
Y - Finished perched only -1.7% off its record high. Volume totals have been cooling in recent weeks while consolidating above its 50 DMA line ($217.81). New pivot point cited was based on its 7/25/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line ($202). Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of New Pivot Point - 9/20/2018
 |  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  
$221.90 +0.51
0.23%

$223.37

7,176,763
228.92% of 50 DAV
50 DAV is 3,135,000
$221.92
-0.01%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/18/2018 3:22:21 PM
G - Color code is changed to green while rising above its "max buy" level and quietly hitting another new all-time high with today's gain on light volume. Its 50 DMA line ($207.55) 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  
$150.05 +0.81
0.54%

$150.26

15,566,753
215.73% of 50 DAV
50 DAV is 7,216,000
$149.49
0.38%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/18/2018 6:01:46 PM
G - Very extended from any sound base. Its 50 DMA line ($141) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Visa Near Record but Endured Distributional Pressure - 9/13/2018
 |  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  
$35.85 -0.65
-1.78%

$36.68

450,895
107.36% of 50 DAV
50 DAV is 420,000
$48.26
-25.71%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/18/2018 3:15:11 PM
G - Today's loss has it slumping further below its 50 DMA line ($40) adding to recent volume-driven losses raising concerns. A rebound above the 50 DMA line is needed for its outlook to improve. 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 
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
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$61.40 -1.25
-2.00%

$62.95

456,375
169.28% of 50 DAV
50 DAV is 269,600
$64.80
-5.25%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/21/2018 7:22:22 PM
Y - It found support recently near its 50 DMA line ($60.85). Still perched near its all-time high, stubbornly holding its ground. in recent weeks. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 9/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$840.04 +1.10
0.13%

$840.04

20,602
171.68% of 50 DAV
50 DAV is 12,000
$874.00
-3.89%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/18/2018 12:49:26 PM
Y - New pivot point cited was based on its 8/27/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The 50 DMA line ($802) and recent low ($760 on 8/15/18) define important near-term support to watch on pullbacks.
>>> 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  
$113.44 -1.48
-1.29%

$115.79

218,985
116.05% of 50 DAV
50 DAV is 188,700
$127.32
-10.90%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/18/2018 3:17:36 PM
Y - Met resistance near its old high and it has been slumping near its 50 DMA line ($112). 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. Fundamentals through Jun '18 have been strong.
>>> 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  
$156.77 -1.42
-0.90%

$159.18

1,351,079
227.07% of 50 DAV
50 DAV is 595,000
$170.22
-7.90%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/21/2018 1:05:14 PM
Y - Enduring distributional pressure this week, undercutting prior highs in the $164 area. Raised concerns while completely negating the recent technical breakout and slumping back into the prior base.
>>> 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  
$286.22 +3.51
1.24%

$289.49

865,882
150.07% of 50 DAV
50 DAV is 577,000
$305.34
-6.26%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/21/2018 2:53:06 PM
Y - Rebound above the 50 DMA line ($283) has helped its outlook to improve. Remains below the previously cited pivot point, and it has not formed a sound new base.
>>> 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 
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
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$125.25 -1.31
-1.04%

$127.49

1,114,762
116.73% of 50 DAV
50 DAV is 955,000
$136.13
-7.99%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/19/2018 5:37:43 PM
G - Pulling back after getting very extended from any sound base. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Its 50 DMA line ($110.51) and prior high ($109.09 on 7/19/18) define important near-term support to watch.
>>> 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 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$189.69 +2.34
1.25%

$190.57

2,880,715
154.38% of 50 DAV
50 DAV is 1,866,000
$206.30
-8.05%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/19/2018 12:37:56 PM
G - Violated its 50 DMA line ($189.45) with today's 4th consecutive loss backed by above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve. Recent low ($174.35 on 7/31/18) defines important near-term support above its 200 DMA line. 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  
$89.75 +0.40
0.45%

$89.85

228,945
297.33% of 50 DAV
50 DAV is 77,000
$92.75
-3.23%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/18/2018 3:26:22 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Completed a new Public Offering on 8/09/18. Its 50 DMA line ($82.67) 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  
$229.52 -0.49
-0.21%

$231.21

962,105
80.44% of 50 DAV
50 DAV is 1,196,000
$239.50
-4.17%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/19/2018 5:41:08 PM
G - Pulling back from its all-time high with losses on lighter than average volume. Extended from any sound base. Its 50 DMA line ($218.11) and prior high ($219.38 on 7/13/18) define important near term support to watch. Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Volume Totals Cooling - 9/17/2018
 |  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  
$86.80 -0.55
-0.63%

$88.05

634,117
189.29% of 50 DAV
50 DAV is 335,000
$98.30
-11.70%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/19/2018 5:43:31 PM
G - Undercut its 50 DMA line ($90.38) raising concerns and its color code is changed to green. The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent volume-driven gains above the pivot point are needed to trigger a technical buy signal.
>>> 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 
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
ANET - NYSE
"Arista Networks, Inc"
TELECOMMUNICATIONS - Communication Equipment  
$269.29 -3.76
-1.38%

$275.00

1,808,365
160.46% of 50 DAV
50 DAV is 1,127,000
$313.37
-14.07%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/18/2018 6:03:57 PM
G - Found support at its 200 DMA line ($263) and volume totals have been cooling, but more damaging losses would raise serious concerns. Its Relative Strength Rating has slumped to 76. Subsequent gains above its 50 DMA line ($273) are needed for its outlook to improve.
>>> 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 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$153.65 +0.17
0.11%

$155.02

831,445
107.28% of 50 DAV
50 DAV is 775,000
$164.08
-6.36%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/18/2018 5:53:08 PM
G - Perched near its all-time high, very extended from any sound base. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Very Extended From Base After Impressive Rally - 9/18/2018
 |  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  
$135.75 -1.46
-1.06%

$139.64

1,857,393
131.36% of 50 DAV
50 DAV is 1,414,000
$149.35
-9.11%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/19/2018 5:35:11 PM
Y - Pulled back today with heavier volume indicative of distributional pressure. 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$92.46 -0.59
-0.63%

$94.05

1,201,281
178.76% of 50 DAV
50 DAV is 672,000
$99.99
-7.53%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/17/2018 4:49:55 PM
G - Pulled back today with near average volume. Extended from any sound base, its 50 DMA line ($85.60) and prior highs in the $82-83 area define support to watch.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$90.62 +0.02
0.02%

$92.00

25,250,453
343.31% of 50 DAV
50 DAV is 7,355,000
$93.70
-3.29%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/17/2018 5:58:21 PM
Y - Posted a 3rd consecutive loss with above average volume and its color code is changed to yellow after falling back below its "max buy" level. Its 50 DMA line ($88.07) defines support above prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
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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  
$92.75 -0.35
-0.38%

$94.45

1,079,619
178.45% of 50 DAV
50 DAV is 605,000
$94.70
-2.06%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/21/2018 1:05:49 PM
G - Perched at its all-time high, extended from any sound base. Prior highs in the $77 area define support along with its 50 DMA line ($79.38). Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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  
$70.60 -1.70
-2.35%

$73.48

494,972
242.63% of 50 DAV
50 DAV is 204,000
$78.85
-10.46%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/17/2018 5:59:42 PM
G - Consolidating well above its 50 DMA line ($70.55) and prior highs in the $68-69 area defining important near-term support to watch.
>>> 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  
$90.69 -0.63
-0.69%

$91.73

1,075,052
76.14% of 50 DAV
50 DAV is 1,412,000
$95.00
-4.54%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/17/2018 4:51:09 PM
G - Pulled back from its all-time high today with average volume. Extended from any sound base. The 50 DMA line ($77.95) defines near-term support to watch on pullbacks. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Extended From Base and Hitting Another New High - 9/14/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$35.48 -1.49
-4.03%

$37.96

3,457,989
378.34% of 50 DAV
50 DAV is 914,000
$38.66
-8.23%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/21/2018 2:54:48 PM
G - Reversed into the red today after early gains challenging its all-time high. Extended from any sound base, and prior highs in the $32 area define initial support to watch above its 50 DMA line ($31.95).
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
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