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 Friday, February 23, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - TUESDAY, OCTOBER 2ND, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +122.73 26,773.94 +0.46% Volume 807,849,490 +2% Volume 2,361,788,470 +4%
NASDAQ -37.75 7,999.55 -0.47% Advancers 1,178 40% Advancers 959 32%
S&P 500 -1.16 2,923.43 -0.04% Decliners 1,801 60% Decliners 2,076 68%
Russell 2000 -16.95 1,656.04 -1.01% 52 Wk Highs 43   52 Wk Highs 42  
S&P 600 -15.28 1,046.64 -1.44% 52 Wk Lows 148   52 Wk Lows 135  

New Dow Record Despite Waning Leadership and Financial Weakness

Stocks finished mixed Tuesday. The Dow climbed 122 points to 26773, while the S&P 500 slipped a point to 2923. The Nasdaq Composite was down 37 points to 7999. The volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session. Decliners led advancers by a 3-2 margin on the NYSE and by 2-1 on the Nasdaq exchange. There were only 12 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 47 on the prior session. New 52-week lows outnumbered new 52-week highs on the NYSE and 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 is perched near its record high, up +9.35% year-to-date.

The Dow extended gains and notched a new intra-day high amid easing trade tensions. Monday, U.S. equities started off the fourth quarter on a positive note as news of a trilateral agreement between the U.S., Canada and Mexico boosted investor sentiment. In the central bank space, Fed Chair Jerome Powell delivered remarks in Boston, reiterating the Fed’s plan for further gradual interest rate increases.

Eight of 11 S&P 500 sectors closed in positive territory with Utilities and Consumer Staples leading advancers. Industrials outperformed as investor sentiment saw a boost from yesterday’s trade deal between the U.S., Canada and Mexico. Caterpillar(CAT +1.67%) and Boeing (BA +1.07%) rose. Technology shares rebounded from recent weakness as Intel (INTC +3.55%) rose. In earnings, PepsiCo (PEP -1.80%) fell after the beverage maker topped Wall Street forecasts on the top and bottom line but reduced its full-year guidance. In other corporate news, Amazon (AMZN -1.65%) fell after announcing an increase of its minimum wage for all U.S. employees.

Treasuries advanced with the yield on the 10-year note down four basis points to 3.05%. In commodities, WTI crude was off 0.2% to $75.14/barrel. COMEX gold gained 1.3% to $1,202.40/ounce despite 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.


Retail Index Slumped While Gold & Silver Index Rose

The Gold & Silver Index ($XAU +2.82%) was a standout gainer.  ThRetail Index ($RLX -1.57%) created a drag on the major averages while financial stocks were mixed and little changed as the Bank Index ($BKX -0.17%) inched lower and the Broker/Dealer Index ($XBD +0.16%) ended slightly higher on Tuesday.  The Biotech Index ($BTK -0.77%) and Networking Index ($NWX -0.26%) both edged lower while the Semiconductor Index ($SOX +0.03%) held its groundThe Oil Services Index ($OSX +0.40%) posted a small gain but the Integrated Oil Index ($XOI -0.27%) ended slightly lower.   

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +0.16%) has shown clear deterioration by its latest slump below prior lows. Its 50-day moving average (DMA) line acted as resistance when trying to rebound. Financials are reliable leading indicators, so additional weakness in the group bodes poorly for the broader market outlook.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  152.01 +0.61 +0.40% +1.64%
Integrated Oil $XOI  1,579.43 -4.31 -0.27% +18.26%
Semiconductor $SOX  1,370.87 +0.43 +0.03% +9.40%
Networking $NWX  556.56 -1.45 -0.26% +13.46%
Broker/Dealer $XBD  265.97 +0.42 +0.16% +0.27%
Retail $RLX  2,397.03 -38.22 -1.57% +38.26%
Gold & Silver $XAU  66.98 +1.84 +2.82% -21.45%
Bank $BKX  104.81 -0.17 -0.16% -1.78%
Biotech $BTK  5,305.49 -40.94 -0.77% +25.66%


Retreating After +138% Rally in Under 12 Months

Five Below Inc (FIVE -$5.16 or -4.03% to $122.97) fell to a 3 week low, slumping toward its 50-day moving average (DMA) line ($114.81) and prior high ($109.09 on 7/19/18) which define important near-term support to watch.

Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record as 9 of the past 10 quarterly comparisons versus the year ago periods showed earnings increases above the +25% minimum guideline (C criteria). The Retail - Discount & Variety firm has a 98 Earnings Per Share Rating and matches the fact-based investment system's winning models with a good annual earnings (A criteria) track record.

Its current Up/Down Volume Ratio of 2.1 is an unbiased indication its shares have been under accumulation over the past 50 days. Its current Timeliness Rating is A and its Sponsorship Rating is B. FIVE was last shown in this FSU section on 8/16/18 with an annotated graph under the headline, "Volume Totals Cooling While Perched Near Record High". It gapped up on 9/07/18 and traded up as much as +138% since highlighted in yellow with new pivot point cited based on its 5/19/17 high plus 10 cents in the 10/06/17 mid-day report (read here).

FIVE had a choppy history since its $17 IPO in July 2012 and 3 subsequent Secondary Offerings. It still has a small supply of 55.7 million shares outstanding (S criteria), which can lead to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 465 in Sep '17 to 547 in Jun '18, a reassuring sign concerning the I criteria.

Charts courtesy 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  
$15.13 -0.04
-0.26%

$15.20

104,178
106.20% of 50 DAV
50 DAV is 98,100
$16.30
-7.18%
9/24/2018 $15.38 PP = $16.40
MB = $17.22
Most Recent Note - 9/28/2018 12:17:47 PM
Y - Churning above average volume recently without making meaningful price progress, action indicative of distributional pressure. Building a new base, consolidating above its 50 DMA line ($15.35). Prior lows and its 200 DMA line define additional near-term support. Its Relative Strength Rating is 76, 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  
$306.95 -5.25
-1.68%

$313.63

501,130
123.74% of 50 DAV
50 DAV is 405,000
$333.74
-8.03%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 10/2/2018 11:44:47 AM
G - Color code is changed to green while slumping below its 50 DMA line ($319) and below the prior low raising concerns. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume are necessary to 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 
GMED - NYSE
Globus Medical Inc Cl A
CHEMICALS - Specialty Chemicals  
$53.48 -2.60
-4.64%

$56.05

777,647
135.48% of 50 DAV
50 DAV is 574,000
$57.55
-7.07%
9/26/2018 $56.11 PP = $57.65
MB = $60.53
Most Recent Note - 10/2/2018 6:10:48 PM
Y - Big loss today on higher volume was action indicative of distributional pressure. It was highlighted in yellow with pivot point cited based on its 6/06/18 high plus 10 cents in the 9/26/18 mid-day report. Subsequent gains above the pivot point backed by more than +40% above average volume are needed to trigger a proper technical buy signal. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter. The Medical - Products firm has technology to treat patients with spine disorders. Reported earnings +38% on +14% sales revenues for the Jun '18 quarter, its 2nd strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been steady.
>>> FEATURED STOCK ARTICLE : Rallying Near Pivot Point With Volume-Driven Gains - 9/26/2018
 |  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  
$168.99 -4.21
-2.43%

$174.28

337,325
91.66% of 50 DAV
50 DAV is 368,000
$179.47
-5.84%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 10/1/2018 6:09:08 PM
G - Consolidating near its all-time high. Its 50 DMA line ($163.79) and prior high in the $161 area define near term support levels to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Hovering Near All-Time High With Strong Fundamentals - 9/24/2018
 |  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  
$136.72 -1.31
-0.95%

$139.00

399,089
92.17% of 50 DAV
50 DAV is 433,000
$144.19
-5.18%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 10/2/2018 11:13:04 AM
Y - Still quietly sputtering below its "max buy" level. Volume totals have been cooling in recent weeks after a bout of distributional pressure. Its 50 DMA line ($136) and recent low ($134.59 on 9/07/18) define important near-term support. 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 
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
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$106.10 -4.82
-4.35%

$111.54

509,640
51.43% of 50 DAV
50 DAV is 991,000
$118.75
-10.65%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 10/2/2018 6:07:22 PM
Y - Slumped below its pivot point raising concerns again with today's big loss on light volume. Prior low ($99.73 on 9/07/18) defines important near-term support to watch along with its 50 DMA line ($99.29). 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 
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$27.84 +0.46
1.68%

$27.93

604,751
327.96% of 50 DAV
50 DAV is 184,400
$30.10
-7.51%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 10/2/2018 12:45:42 PM
G - Faces resistance due to overhead supply up to the $30 level. A rebound above the 50 DMA line ($29.03) still is needed for its outlook to improve. Relative Strength Rating has slumped to 78.
>>> 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  
$224.64 -1.40
-0.62%

$226.14

626,339
116.42% of 50 DAV
50 DAV is 538,000
$230.24
-2.43%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 10/2/2018 11:16:44 AM
Y - Perched near its record high following recent volume-driven gains. Its 50 DMA line ($218.87) defines near-term support to watch on pullbacks. 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.
>>> 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  
$222.37 -1.40
-0.63%

$223.73

3,059,705
96.22% of 50 DAV
50 DAV is 3,180,000
$225.35
-1.32%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/27/2018 6:20:10 PM
G - Stubbornly holding its ground at its all-time high, extended from any sound base. Its 50 DMA line ($209.77) defines important near-term support. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Hovering Near High, Extended From Any Sound Base - 9/27/2018
 |  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  
$149.67 -1.12
-0.74%

$150.84

7,894,088
108.81% of 50 DAV
50 DAV is 7,255,000
$151.56
-1.25%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 10/2/2018 10:35:22 AM
G - Pulling back today after hitting another new all-time high on the prior session. Very extended from any sound base. Its 50 DMA line ($144) and recent low ($142.55 on 9/050/18) 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 
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
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$36.72 -0.01
-0.03%

$38.13

249,642
57.00% of 50 DAV
50 DAV is 438,000
$48.26
-23.91%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 10/1/2018 6:06:53 PM
G - Still sputtering below its 50 DMA line ($40) after recent volume-driven losses raised concerns. Prior low ($34.72 on 6/28/18) defines important near-term support above its 200 DMA line. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Average Needed For Outlook to Improve - 9/28/2018
 |  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  
$60.91 +1.18
1.98%

$60.98

250,154
91.77% of 50 DAV
50 DAV is 272,600
$64.80
-6.00%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 10/1/2018 6:00:19 PM
G - Color code is changed to green after slumping below its 50 DMA line ($61.12). A prompt rebound is needed for its outlook to improve. Its Relative Strength Rating has slumped to 77, below the 80+ minimum guideline for buy candidates, also raising concerns. Fundamentals remain strong.
>>> 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  
$863.94 -2.89
-0.33%

$870.00

13,852
106.55% of 50 DAV
50 DAV is 13,000
$874.00
-1.15%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/28/2018 12:38:49 PM
Y - Perched near its all-time high. Held its ground in a tight range in recent weeks. New pivot point cited was based on its 8/27/18 high plus 10 cents. Subsequent gains above the pivot point back by at least +40% above average volume may trigger a new (or add-on) technical buy signal. The recent low ($818 on 9/17/18) and 50 DMA line ($813) 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  
$110.22 -3.00
-2.65%

$113.74

224,970
112.99% of 50 DAV
50 DAV is 199,100
$127.32
-13.43%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 10/1/2018 6:11:57 PM
Y - Churned heavy volume today while slumping back below its 50 DMA line ($113.56). More damaging losses below the prior low ($109.70 on 9/26/18) would raise serious concerns. Subsequent gains above the pivot point for a new high (N criteria) backed by at least +40% above average volume are still needed to 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 
ABMD - NASDAQ
Abiomed Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$429.17 -15.08
-3.39%

$442.92

833,663
132.75% of 50 DAV
50 DAV is 628,000
$459.75
-6.65%
9/25/2018 $441.96 PP = $451.03
MB = $473.58
Most Recent Note - 10/2/2018 12:08:18 PM
Y - Stalled after a recent 7 session winning streak reaching a new all-time high. Color code was changed to yellow with new pivot point cited based on its 6/20/18 high plus 10 cents in the 9/25/18 mid-day report. Subsequent gains for a new high (N criteria) above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Jun '18 quarterly earnings +73% on +36% sales revenues. The past 7 quarterly comparisons had earnings above the +25% minimum guideline (C criteria). Downturn in FY '14 annual earnings (A criteria) history was noted as a concern, yet its growth rate afterward has been great.
>>> FEATURED STOCK ARTICLE : Quick Rebound Near Prior High - 9/25/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$156.32 -5.27
-3.26%

$161.41

483,792
82.14% of 50 DAV
50 DAV is 589,000
$170.22
-8.17%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 10/1/2018 6:02:23 PM
Y - Undercut prior highs in the $164 area, completely negating the recent technical breakout and slumping back into the prior base. Its 50 DMA line ($153) defines near term support to watch on pullbacks.
>>> 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  
$282.28 -3.24
-1.13%

$286.86

288,456
53.12% of 50 DAV
50 DAV is 543,000
$305.34
-7.55%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/27/2018 6:25:01 PM
Y - Found prompt support in recent weeks, consolidating above its 50 DMA line ($283.89) and near the previously cited pivot point.
>>> 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  
$122.97 -5.16
-4.03%

$128.07

861,544
94.88% of 50 DAV
50 DAV is 908,000
$136.13
-9.67%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 10/2/2018 6:05:26 PM
G - Slumped to a 3 week low. Still consolidating well above its 50 DMA line ($114.81) and prior high ($109.09 on 7/19/18) defining near-term support to watch. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Retreating After +138% Rally in Under 12 Months - 10/2/2018
 |  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  
$192.90 -1.71
-0.88%

$195.97

1,311,175
69.26% of 50 DAV
50 DAV is 1,893,000
$206.30
-6.49%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 10/2/2018 6:18:33 PM
Y - Volume totals have been cooling while consolidating above its 50 DMA line ($189.96). Recent low ($182.73 on 9/19/18) defines important near-term support above prior lows and 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  
$83.43 -1.19
-1.40%

$84.90

51,192
60.94% of 50 DAV
50 DAV is 84,000
$92.75
-10.05%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/26/2018 6:43:32 PM
G - Slumped below its 50 DMA line ($84.53) with a big volume-driven loss today triggering a technical sell signal. Only a prompt rebound would help its outlook improve.
>>> 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 
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
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$222.74 -2.07
-0.92%

$224.70

948,229
76.84% of 50 DAV
50 DAV is 1,234,000
$239.50
-7.00%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 10/2/2018 6:14:02 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level with a streak of 6 consecutive losses on lighter volume. Its 50 DMA line ($220.31) and prior high ($219.38 on 7/13/18) define important near term support to watch where subsequent violations would raise greater concerns. Fundamentals remain strong.
>>> 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  
$84.17 -1.88
-2.18%

$85.95

301,925
88.54% of 50 DAV
50 DAV is 341,000
$98.30
-14.37%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 10/2/2018 11:48:03 AM
G - Color code is changed to green while slumping further below its 50 DMA line ($89) raising concerns. 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 proper 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 
ANET - NYSE
"Arista Networks, Inc"
TELECOMMUNICATIONS - Communication Equipment  
$256.15 -3.49
-1.34%

$259.84

708,086
60.37% of 50 DAV
50 DAV is 1,173,000
$313.37
-18.26%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/26/2018 6:41:33 PM
G - Slumped to a close below its 200 DMA line ($265) today raising more serious concerns. Only a prompt rebound above its 50 DMA line ($273) would help its outlook improve. Relative Strength Rating has slumped to 79. Faces near-term resistance due to overhead supply up to the $313 level.
>>> 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  
$146.92 -3.88
-2.57%

$151.69

721,370
91.08% of 50 DAV
50 DAV is 792,000
$164.08
-10.46%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 10/2/2018 6:08:33 PM
G - Retreating from its all-time high, still very extended from any sound base. Its 50 DMA line ($143.31) defines near-term support to watch. Fundamentals remain strong.
>>> 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  
$136.99 -0.39
-0.28%

$138.05

1,119,034
77.39% of 50 DAV
50 DAV is 1,446,000
$149.35
-8.28%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 10/2/2018 6:16:32 PM
Y - Still finding support above its 50 DMA line ($135.03). The recent low ($132.15 on 9/24/18) helps define important near-term support 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 : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(% 50 day avg vol)
52 Wk Hi
% From Hi
Featured
Date
Price
Featured
Pivot Featured
Max Buy
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$92.04 -0.28
-0.30%

$92.87

419,471
57.86% of 50 DAV
50 DAV is 725,000
$99.99
-7.95%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 10/1/2018 6:05:36 PM
G - Extended from any sound base. Consolidating well above its 50 DMA line ($88.05) and prior highs in the $82-83 area defining near-term support to watch.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
 |  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  
$86.68 -0.87
-0.99%

$87.35

6,472,488
81.62% of 50 DAV
50 DAV is 7,930,000
$93.70
-7.49%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 10/1/2018 6:19:38 PM
G - Color code is changed to green while slumping below its 50 DMA line ($88.45). Only a prompt rebound would help its outlook improve. The next important support is at its 200 DMA line ($81.96) and prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$93.64 -2.86
-2.96%

$96.31

586,374
97.24% of 50 DAV
50 DAV is 603,000
$97.61
-4.07%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 10/1/2018 6:04:04 PM
G - Hit another new all-time high today, getting very extended from any sound base. Its 50 DMA line ($81.86) defines support above prior highs in the $77 area. 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
 |  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  
$66.91 -0.66
-0.98%

$68.45

115,918
53.17% of 50 DAV
50 DAV is 218,000
$78.85
-15.14%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/26/2018 6:38:32 PM
G - Slumped further below its 50 DMA line ($71.24) today. Raised concerns while also undercutting prior highs in the $68-69 area triggering technical sell signals.
>>> 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  
$93.60 -2.12
-2.21%

$95.87

2,450,713
167.74% of 50 DAV
50 DAV is 1,461,000
$98.21
-4.70%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 10/1/2018 6:22:09 PM
G - Hit a new all-time high today but reversed into the red, ending a 5-session winning streak. Extended from any sound base. The 50 DMA line ($83.23) 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
 |  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
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$34.34 -1.28
-3.59%

$35.50

656,646
73.45% of 50 DAV
50 DAV is 894,000
$38.66
-11.17%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 10/1/2018 6:16:27 PM
G - Extended from any sound base. Its 50 DMA line ($33.13) and prior highs in the $32 area define near term support to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base Following Rally - 10/1/2018
 |  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