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AFTER MARKET UPDATE - FRIDAY, OCTOBER 5TH, 2018
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Indices NYSE Nasdaq
DOW  -180.43 26,447.05 -0.68% Volume 841,958,070 +234% Volume 2,677,344,810 +57%
NASDAQ -91.06 7,788.45 -1.16% Advancers 990 33% Advancers 932 31%
S&P 500 -16.04 2,885.57 -0.55% Decliners 2,018 67% Decliners 2,112 69%
Russell 2000 -14.80 1,632.11 -0.90% 52 Wk Highs 24   52 Wk Highs 30  
S&P 600 -11.12 1,020.67 -1.08% 52 Wk Lows 396   52 Wk Lows 204  

Leadership Thinned as Major Indices Fell

For the week, the Dow slipped less than 0.1%, the S&P 500 declined 1.0%, and the Nasdaq Composite fell 3.2%. Stocks finished lower Friday. The Dow dropped 180 points to 26447, while the S&P 500 lost 16 points to 2885. The Nasdaq Composite retreated 91 points to 7788, posting its worst week since March. Friday's volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session, indicative of distributional pressure or selling from the institutional crowd. Decliners led advancers by a decisive 2-1 margin on the NYSE and on the Nasdaq exchange. There were only 7 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 9 on the prior session, down considerably from 38 last Friday, clear proof leadership has waned. New 52-week lows solidly outnumbered new 52-week highs on both the NYSE and Nasdaq. The major indices (M criteria) have seen their uptrend come under pressure coupled with a recent evaporation in the number 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 Dow Jones Industrial Average finished Friday's session up +7% year-to-date. It stalled after reaching a new 52-week high on Wednesday and slumped back below its January high.

The major averages extended yesterday’s decline as the September jobs report deepened this week’s bond rout. The Labor Department reported non-farm payrolls increased by 134,000 in September, missing projections of a 185,000 gain. However, the August figure was revised upwards by 69,000 to 270,000. Meanwhile, the unemployment rate decreased to 3.7% in September, the lowest since December 1969. Average hourly earnings advanced 2.8% year-over-year and 0.3% month-over-month in September, in line with consensus estimates. An additional update revealed the U.S. trade deficit widened in August.

Ten of 11 S&P 500 sectors closed in negative territory, with Utilities the sole advancers. Technology shares led decliners as Intel (INTC -2.29%) sank. The Communication Services group also underperformed with Netflix (NFLX -3.38%) flopped below its 50-day moving average (DMA) line. In earnings, Costco (COST -5.55%) also gapped down and violated its 50 DMA line despite the wholesale club operator topping analyst revenue projections.

Treasuries were lower with the yield on the 10-year note up three basis point to 3.23%. The yield on the 30-year bond touched 3.42%, its highest level in four years. In commodities, WTI crude was essentially unchanged at $74.36/barrel, notching its fourth consecutive weekly gain, the longest stretch since January. COMEX gold rose 0.3% to $1201.20/ounce amid a weaker dollar.


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

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


Tech, Retail, and Financial Groups Declined

The Bank Index ($BKX -0.58%) and the Broker/Dealer Index ($XBD -0.47%) both fell along with thRetail Index ($RLX -0.89%), creating a drag on the major averages. The tech sector also had a negative bias as the Semiconductor Index ($SOX -2.32%) outpaced the Networking Index ($NWX -1.71%) and the Biotech Index ($BTK -0.42%) to the downsideThe Gold & Silver Index ($XAU -0.66%) edged lower while thOil Services Index ($OSX +0.06%) and the Integrated Oil Index ($XOI -0.16%) both were little changed  

Charts courtesy of www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX -2.32%) violated its 200-day moving average (DMA) line and slumped near prior lows.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  151.98 +0.09 +0.06% +1.62%
Integrated Oil $XOI  1,581.65 -2.60 -0.16% +18.43%
Semiconductor $SOX  1,315.84 -31.32 -2.32% +5.01%
Networking $NWX  543.21 -9.47 -1.71% +10.74%
Broker/Dealer $XBD  274.93 -1.30 -0.47% +3.66%
Retail $RLX  2,317.45 -20.70 -0.89% +33.67%
Gold & Silver $XAU  65.49 -0.44 -0.67% -23.20%
Bank $BKX  106.55 -0.62 -0.58% -0.15%
Biotech $BTK  5,174.10 -21.79 -0.42% +22.54%


Slump Below 50-Day Moving Average Raised Concerns

Epam Systems Inc (EPAM -$0.36 or -0.27% to $132.62) slumped below its 50-day moving average (DMA) line ($136.07) and undercut the recent low ($134.59) triggering technical sell signals this week. Only a prompt rebound above the 50 DMA line would help its outlook improve. In recent months, it repeatedly undercut its 50 DMA line before recovering. Obviously, the 200 DMA line ($123) and prior low ($115) now define the next important near term support levels to watch.

It was last shown in this FSU section on 8/20/18 with an annotated graph under the headline, "Tech Services Firm Remains Fundamentally and Technically Strong". It was highlighted in yellow with pivot point cited based on its 3/13/18 high plus 10 cents in the 5/09/18 mid-day report (read here).

Fundamentals remain strong with a 91 Earnings Per Share Rating, well above the 80+ minimum guideline for buy candidates.The Computer - Tech Services firm reported Jun '18 earnings +26% on +28% sales revenues, above the +25% minimum earnings guideline (C criteria), continuing its strong earnings track record with encouraging underlying sales revenues growth. Annual earnings history (A criteria) remained strong after it was dropped from Featured Stocks list on 8/11/15.

The number of top-rated funds owning its shares rose from 462 in Jun '17 to 595 in Jun '18, a reassuring sign concerning the I criteria. Its small supply of only 50.6 million shares (S criteria) in the pubic float can contribute to greater volatility in the event of institutional buying or selling. Its Relative Strength rating of 88 is above the 80+ minimum guideline for buy candidates.

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  
$15.10 -0.33
-2.14%

$15.46

56,147
54.72% of 50 DAV
50 DAV is 102,600
$16.30
-7.36%
9/24/2018 $15.38 PP = $16.40
MB = $17.22
Most Recent Note - 10/3/2018 6:23:03 PM
Y - Rebounded above its 50 DMA line ($15.36) with today's solid volume-driven gain. Prior lows and its 200 DMA line define additional near-term support. Its Relative Strength Rating is 77, 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  
$319.71 -0.90
-0.28%

$322.91

353,745
85.86% of 50 DAV
50 DAV is 412,000
$333.74
-4.20%
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  
$51.35 +0.08
0.16%

$51.58

774,093
130.54% of 50 DAV
50 DAV is 593,000
$57.55
-10.77%
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  
$162.23 -2.97
-1.80%

$167.09

294,488
78.74% of 50 DAV
50 DAV is 374,000
$179.47
-9.61%
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  
$132.62 -0.36
-0.27%

$134.47

233,963
55.44% of 50 DAV
50 DAV is 422,000
$144.19
-8.02%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 10/5/2018 5:46:57 PM
G - Violated its 50 DMA line ($136) and recent low triggering technical sell signals this week. Only a prompt rebound above the 50 DMA line would help its outlook improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Moving Average Raised Concerns - 10/5/2018
 |  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
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$106.06 +0.92
0.88%

$108.33

684,364
83.87% of 50 DAV
50 DAV is 816,000
$118.75
-10.69%
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  
$28.21 +0.00
0.00%

$28.37

199,792
102.99% of 50 DAV
50 DAV is 194,000
$30.10
-6.28%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 10/3/2018 12:55:35 PM
G - A rebound above the 50 DMA line ($29.00) still is needed for its outlook to improve. Its Relative Strength Rating has improved to 83. Found support near prior highs in the $27 area. While rebounding it faces resistance due to overhead supply up to the $30 level.
>>> 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 
CME - NASDAQ
C M E Group Inc
DIVERSIFIED SERVICES - Business/Management Services  
$181.69 +1.18
0.65%

$182.97

1,672,397
126.99% of 50 DAV
50 DAV is 1,317,000
$181.73
-0.02%
10/4/2018 $179.29 PP = $177.45
MB = $186.32
Most Recent Note - 10/4/2018 5:55:27 PM
Y - Finished strong after highlighted in yellow with pivot point cited based on its 9/05/18 high plus 10 cents. Hit a new all-time high with +80% above average volume behind today's 4th consecutive gain while clearing a brief consolidation above its 50 DMA line. Earnings increases in the Mar and Jun '18 quarters were above the +25% minimum guideline (C criteria) with solid sales revenues increases. Annual earnings (A criteria) growth has been steady. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : CME Group Blasted to New Record High - 10/4/2018
 |  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  
$218.45 -2.52
-1.14%

$221.75

457,448
86.31% of 50 DAV
50 DAV is 530,000
$230.24
-5.12%
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  
$213.26 -2.64
-1.22%

$217.19

4,267,255
134.02% of 50 DAV
50 DAV is 3,184,000
$225.35
-5.36%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 10/4/2018 12:41:35 PM
G - Retreating from its all-time high. Very extended from any sound base. Its prior high ($214) and 50 DMA line ($211) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> 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 
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
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$145.36 -1.40
-0.95%

$147.41

7,071,556
97.36% of 50 DAV
50 DAV is 7,263,000
$151.56
-4.09%
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 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$61.38 -0.41
-0.66%

$62.68

211,373
83.88% of 50 DAV
50 DAV is 252,000
$64.80
-5.28%
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  
$857.01 -5.11
-0.59%

$865.05

20,920
160.92% of 50 DAV
50 DAV is 13,000
$877.97
-2.39%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 10/5/2018 1:00:05 PM
Y - Perched near its all-time high, holding its ground in a very 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 50 DMA line ($823) and recent low ($818 on 9/17/18) 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  
$106.26 -2.59
-2.38%

$109.67

249,194
125.92% of 50 DAV
50 DAV is 197,900
$127.32
-16.54%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 10/5/2018 5:54:08 PM
Slumped well below its 50 DMA line and prior low ($109.70 on 9/26/18) after recently noted technical sell signals. Its Relative Strength Rating has slumped to 71, below the 80+ minimum guideline for buy candidates. It will be dropped from the Featured Stocks list tonight.
>>> 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  
$415.71 -1.08
-0.26%

$430.93

565,028
89.54% of 50 DAV
50 DAV is 631,000
$459.75
-9.58%
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  
$151.87 -2.60
-1.68%

$154.82

680,410
120.43% of 50 DAV
50 DAV is 565,000
$170.22
-10.78%
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  
$282.91 +1.14
0.40%

$285.53

338,249
65.30% of 50 DAV
50 DAV is 518,000
$305.34
-7.35%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 10/3/2018 10:08:37 AM
Y - Consolidating near its 50 DMA line ($285) but again sputtering below the previously cited pivot point. The recent low ($273.63 on 9/17/18) defines important near-term support to watch.
>>> 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  
$117.59 -2.23
-1.86%

$121.17

832,401
92.80% of 50 DAV
50 DAV is 897,000
$136.13
-13.62%
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  
$186.60 -0.84
-0.45%

$190.12

2,242,539
120.63% of 50 DAV
50 DAV is 1,859,000
$206.30
-9.55%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 10/4/2018 12:45:13 PM
G - Color code is changed to green while slumping below its 50 DMA line ($190) with today's loss on higher volume raising concerns. Recent low ($182.73 on 9/19/18) defines important near-term support above its 200 DMA line. Fundamentals remain strong. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Found Support at 50-Day Average After Slump Into Prior Base - 10/3/2018
 |  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  
$83.75 +0.50
0.60%

$84.52

117,126
136.19% of 50 DAV
50 DAV is 86,000
$92.75
-9.70%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 10/3/2018 10:05:58 AM
G - Recently sputtering below its 50 DMA line ($85.76). Only a prompt rebound above the 50 DMA line 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  
$215.71 -3.61
-1.65%

$220.62

1,367,268
110.80% of 50 DAV
50 DAV is 1,234,000
$239.50
-9.93%
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
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QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$81.97 -1.50
-1.80%

$85.07

376,471
111.71% of 50 DAV
50 DAV is 337,000
$98.30
-16.61%
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
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ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$251.27 -6.47
-2.51%

$261.99

1,024,142
86.94% of 50 DAV
50 DAV is 1,178,000
$313.37
-19.82%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 10/5/2018 5:51:47 PM
Slumped further with higher (near average) volume today. A rebound above its 50 DMA line ($272) is needed for its outlook improve. Relative Strength Rating has slumped to 71. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Considerable Gap Up Gain With Heavy Volume - 8/24/2018
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PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$139.05 -1.65
-1.17%

$143.44

944,985
115.24% of 50 DAV
50 DAV is 820,000
$164.08
-15.25%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 10/4/2018 3:04:33 PM
G - Violated its 50 DMA line ($144.60) with today's big volume-driven loss triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Very Extended From Base After Impressive Rally - 9/18/2018
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$129.84 -0.69
-0.53%

$133.59

1,127,366
93.33% of 50 DAV
50 DAV is 1,208,000
$149.35
-13.06%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 10/4/2018 3:11:01 PM
G - Color code is changed to green while slumping below its 50 DMA line ($135.46) and below the recent low ($132.15 on 9/24/18) with a big loss raising concerns and triggering technical sell signals. Recent gains lacked great volume conviction. Only a prompt rebound would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
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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
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$89.49 -1.08
-1.19%

$92.35

616,118
84.17% of 50 DAV
50 DAV is 732,000
$99.99
-10.50%
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
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$83.18 -1.16
-1.38%

$84.84

10,727,154
140.57% of 50 DAV
50 DAV is 7,631,000
$93.70
-11.23%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 10/4/2018 3:06:40 PM
G - Slumping further below its 50 DMA line ($88.17) with today's big loss raising concerns. The next important support is at its 200 DMA line ($82.13) and 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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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$88.00 -1.29
-1.44%

$89.98

895,262
142.11% of 50 DAV
50 DAV is 630,000
$97.61
-9.85%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 10/4/2018 12:46:00 PM
G - Pulling back from its all-time high with today's 3rd consecutive loss after getting very extended from any sound base. Its 50 DMA line ($82.91) defines near-term support above prior highs in the $77 area. Fundamentals remain strong.
>>> 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  
$65.29 -2.39
-3.53%

$67.94

430,647
196.64% of 50 DAV
50 DAV is 219,000
$78.85
-17.20%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 10/5/2018 5:49:44 PM
Suffered another damaging loss on higher volume today and ended near the session low. A rebound above its 50 DMA line ($71.18) is needed for its outlook to improve. It will be dropped from the featured stocks list tonight.
>>> 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  
$85.36 -0.31
-0.36%

$87.26

1,707,132
110.21% of 50 DAV
50 DAV is 1,549,000
$98.21
-13.09%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 10/4/2018 12:49:56 PM
G - Gapped down, retreating from its all-time high with above average volume behind today's 4th consecutive loss. The 50 DMA line ($84.73) defines near-term support to watch. 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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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  
$33.92 -0.24
-0.70%

$34.80

372,157
41.54% of 50 DAV
50 DAV is 896,000
$38.66
-12.26%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 10/4/2018 3:23:48 PM
G - Pulling back with light volume, slumping near its 50 DMA line ($33.57). Prior highs in the $32 area define additional near-term support to watch.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base Following Rally - 10/1/2018
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