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AFTER MARKET UPDATE - MONDAY, OCTOBER 8TH, 2018
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Indices NYSE Nasdaq
DOW  +39.73 26,486.78 +0.15% Volume 796,612,120 -5% Volume 2,244,844,700 -16%
NASDAQ -52.50 7,735.95 -0.67% Advancers 1,502 50% Advancers 1,235 41%
S&P 500 -1.14 2,884.43 -0.04% Decliners 1,482 50% Decliners 1,793 59%
Russell 2000 -2.60 1,629.51 -0.16% 52 Wk Highs 35   52 Wk Highs 24  
S&P 600 -0.54 1,020.13 -0.05% 52 Wk Lows 332   52 Wk Lows 208  

Major Indices Ended Mixed After Bouncing Back From Lows

Stocks finished mixed Monday. The Dow gained 39 points to 26486, while the S&P 500 slipped one point to 2884. The Nasdaq Composite was down 52 points to 7735 as Technology shares extended their retreat. Monday's volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session. Advancers led decliners by a very narrow margin on the NYSE but decliners led advancers by almost 3-2 on the Nasdaq exchange. There were 8 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 7 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 NYSE Composite Index rebounded and closed near its 50-day moving average (DMA) line. It is only up +1.5% year-to-date and did not ever recover back up to its January high.

The major averages rebounded from early session losses, with the S&P 500 closing just below the flat-line, while the Dow ended in positive territory. Investors continued to grapple with rising interest rates despite the U.S. bond market being closed in observance of Columbus Day. Last week, the yield on the benchmark 10-year note climbed to a seven-year high of 3.23% following robust economic data and hawkish commentary from the Federal Reserve.

Six of 11 S&P 500 sectors closed in positive territory, with Consumer Staples leading advancers. Shares of Tyson Foods (TSN +2.81%) were a notable gainer. Tech provided a headwind to the market, as chipmakers were particularly weak. Advanced Micro Devices (AMD -3.25%) and NVIDIA (NVDA -1.52%) fell. Meanwhile, Google parent Alphabet (GOOGL -1.02%) fell on news that user data may have been compromised due to a system glitch. In other corporate news, Ensco Plc (ESV +3.66%) after the offshore driller announced plans to buy rival Rowan in an all-stock deal valued at $2.38 billion.

In commodities, WTI crude pared earlier losses, slipping 0.2% to $74.23/barrel. COMEX gold declined 1.4% to $1,184.40/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.


Bank Index and Commodity Linked Groups Posted Gains

The Bank Index ($BKX +0.72%) ended Monday's session on a positive note while the Broker/Dealer Index ($XBD -0.13%) and Retail Index ($RLX -0.25%) both ended slightly lower, creating a drag on the major averages. The tech sector had a negative bias as the Semiconductor Index ($SOX -1.13%), Networking Index ($NWX -1.07%), and the Biotech Index ($BTK -1.50%) ended unanimously lowerThe Gold & Silver Index ($XAU +0.67%) and thOil Services Index ($OSX +0.52%) both edged higher while the Integrated Oil Index ($XOI -0.49%) suffered a modest loss  

Charts courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX -0.25%violated its 50-day moving average (DMA) line during a 5 session losing streak. It last traded below that important short-term average in April, and had made steady progress in recent months after finding support.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  152.76 +0.78 +0.51% +2.15%
Integrated Oil $XOI  1,573.89 -7.75 -0.49% +17.85%
Semiconductor $SOX  1,301.00 -14.84 -1.13% +3.83%
Networking $NWX  537.42 -5.79 -1.07% +9.56%
Broker/Dealer $XBD  274.57 -0.37 -0.13% +3.52%
Retail $RLX  2,311.67 -5.78 -0.25% +33.33%
Gold & Silver $XAU  65.93 +0.44 +0.67% -22.68%
Bank $BKX  107.33 +0.78 +0.73% +0.58%
Biotech $BTK  5,096.24 -77.86 -1.50% +20.70%


Recently Slumped Below 50-Day Moving Average Line

N V 5 Global Inc (NVEE +$0.50 or +0.60% to $84.25) has been recently sputtering below its 50-day moving average (DMA) line ($86.32). Only a prompt rebound above the 50 DMA line would help its outlook improve. Prior highs in the $74 area define near-term support to watch. It still remains perched only -9.2% off its all-time high.

NVEE priced a new Public Offering on 8/09/18 Such offerings often hinder near-term price progress, yet they tend to attract greater institutional ownership interest. It was last shown in this FSU section on 8/21/18 with an annotated graph under the headline, "Remains Perched Near All-Time High Following Offering". It was highlighted in yellow with new pivot point cited based on its 10/31/17 high plus 10 cents in the 4/09/18 mid-day report (read here).
 

Recently it reported earnings +63% on +24% sales revenues for the Jun '18 quarter, continuing its strong earnings track record with the 5th quarter in a row above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Its strong annual earnings (A criteria) history was previously noted.

This Hollywood, FL based Commercial Services / Consulting firm completed new Public Offerings on 5/22/15 and on 5/13/16. Today there still are only 12.6 million shares outstanding (S criteria), which can contribute to greater price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 186 in Jun '17 to to 237 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  
$15.26 +0.16
1.06%

$15.27

106,567
107.10% of 50 DAV
50 DAV is 99,500
$16.30
-6.38%
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  
$318.37 -1.34
-0.42%

$320.00

357,576
87.86% of 50 DAV
50 DAV is 407,000
$333.74
-4.61%
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  
$50.19 -1.16
-2.26%

$51.40

593,646
98.45% of 50 DAV
50 DAV is 603,000
$57.55
-12.79%
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  
$158.50 -3.73
-2.30%

$164.06

451,104
119.34% of 50 DAV
50 DAV is 378,000
$179.47
-11.68%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 10/8/2018 6:53:29 PM
G - Violated its 50 DMA line ($165) and slumped below the prior high ($161) with damaging losses triggering technical sell signals. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> 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  
$129.21 -3.41
-2.57%

$131.88

278,982
66.27% of 50 DAV
50 DAV is 421,000
$144.19
-10.39%
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  
$97.01 -9.06
-8.54%

$104.00

1,579,121
195.92% of 50 DAV
50 DAV is 806,000
$118.75
-18.31%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 10/8/2018 11:35:02 AM
G - Gapped down today violating both its 50 DMA line ($101.25) and the prior low ($99.73 on 9/07/18) triggering technical sell signals. Color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> 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  
$28.11 -0.10
-0.35%

$28.22

178,152
91.36% of 50 DAV
50 DAV is 195,000
$30.10
-6.61%
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  
$180.91 -0.78
-0.43%

$181.63

1,213,862
93.02% of 50 DAV
50 DAV is 1,305,000
$182.97
-1.13%
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  
$216.81 -1.64
-0.75%

$219.66

534,246
101.57% of 50 DAV
50 DAV is 526,000
$230.24
-5.83%
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  
$208.26 -5.00
-2.34%

$211.80

5,610,029
179.58% of 50 DAV
50 DAV is 3,124,000
$225.35
-7.58%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 10/8/2018 12:48:23 PM
G - Violated the prior high ($214) and also violated its 50 DMA line ($211) with today's 3rd consecutive volume-driven loss, triggering technical sell signals. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> 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  
$141.89 -3.47
-2.39%

$145.01

11,595,470
161.16% of 50 DAV
50 DAV is 7,195,000
$151.56
-6.38%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 10/8/2018 1:05:35 PM
G - Violated its 50 DMA line ($144) and recent low ($142.55 on 9/050/18) triggering technical sell signals. Only a rebound above the 50 DMA line would help its outlook improve.
>>> 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  
$60.16 -1.22
-1.99%

$61.14

188,560
75.42% of 50 DAV
50 DAV is 250,000
$64.80
-7.16%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 10/8/2018 6:47:11 PM
G - Sputtering below its 50 DMA line ($61.15) again. A rebound is needed for its outlook to improve. Its Relative Strength Rating is 79, below the 80+ minimum guideline for buy candidates. 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  
$842.06 -14.95
-1.74%

$857.90

16,609
127.76% of 50 DAV
50 DAV is 13,000
$877.97
-4.09%
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 
ABMD - NASDAQ
Abiomed Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$399.01 -16.70
-4.02%

$415.55

783,741
129.76% of 50 DAV
50 DAV is 604,000
$459.75
-13.21%
9/25/2018 $441.96 PP = $451.03
MB = $473.58
Most Recent Note - 10/8/2018 7:03:29 PM
Y - Tallied 6 consecutive losses since a "negative reversal" on 10/01/18 at its all-time high. Its 50 DMA line ($390) defines important support.
>>> 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 
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$150.75 -1.12
-0.74%

$152.47

468,786
86.49% of 50 DAV
50 DAV is 542,000
$170.22
-11.44%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 10/8/2018 6:51:42 PM
G - Color code is changed to green after slumping below its 50 DMA line ($154) raising concerns and triggering a technical sell signal. Only a prompt rebound would help its outlook improve. Its 200 DMA line ($147) defines near-term support above prior lows.
>>> 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 
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
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$280.24 -2.67
-0.94%

$282.29

341,658
66.34% of 50 DAV
50 DAV is 515,000
$305.34
-8.22%
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  
$120.55 +2.96
2.52%

$120.85

1,116,358
123.49% of 50 DAV
50 DAV is 904,000
$136.13
-11.45%
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  
$180.26 -6.34
-3.40%

$185.81

2,625,277
143.61% of 50 DAV
50 DAV is 1,828,000
$206.30
-12.62%
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  
$84.25 +0.50
0.60%

$84.34

100,999
116.09% of 50 DAV
50 DAV is 87,000
$92.75
-9.16%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 10/8/2018 6:55:02 PM
G - Still sputtering below its 50 DMA line ($86.32). A rebound above the 50 DMA line is needed for its outlook to improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recently Slumped Below 50-Day Moving Average Line - 10/8/2018
 |  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  
$212.38 -3.33
-1.54%

$216.81

1,327,544
106.72% of 50 DAV
50 DAV is 1,244,000
$239.50
-11.32%
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 
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
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$77.60 -4.37
-5.33%

$81.30

702,583
209.10% of 50 DAV
50 DAV is 336,000
$98.30
-21.06%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 10/8/2018 6:58:55 PM
Violated its 200 DMA line ($79.38) with a big volume-driven loss today raising greater concerns. Faces resistance due to overhead supply up to the $98 level. It will be dropped from the Featured Stocks list tonight.
>>> 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 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$134.77 -4.28
-3.08%

$138.50

801,545
96.57% of 50 DAV
50 DAV is 830,000
$164.08
-17.86%
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  
$126.70 -3.14
-2.42%

$129.67

1,404,565
120.46% of 50 DAV
50 DAV is 1,166,000
$149.35
-15.17%
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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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$88.02 -1.47
-1.64%

$89.49

580,122
78.39% of 50 DAV
50 DAV is 740,000
$99.99
-11.97%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 10/8/2018 6:48:54 PM
G - Quietly slumped below its 50 DMA line ($89.05) today raising concerns. More damaging losses would raise greater concerns. Prior highs in the $82-83 area define the next important 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  
$80.55 -2.63
-3.16%

$82.89

16,860,748
223.14% of 50 DAV
50 DAV is 7,556,000
$93.70
-14.03%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 10/8/2018 12:52:27 PM
G - Violated its 200 DMA line ($82.20) and undercut prior lows in the $80-81 area with today's 3rd consecutive loss triggering a worrisome technical sell signal. A rebound above the 50 DMA line ($87.94) is needed for its outlook to improve.
>>> 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  
$89.38 +1.38
1.57%

$89.77

985,748
154.75% of 50 DAV
50 DAV is 637,000
$97.61
-8.43%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 10/8/2018 12:49:02 PM
G - Very extended from any sound base. Its 50 DMA line ($83.59) 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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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$81.09 -4.27
-5.00%

$84.71

3,316,224
213.40% of 50 DAV
50 DAV is 1,554,000
$98.21
-17.43%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 10/8/2018 7:01:19 PM
G - Violated its 50 DMA line ($85.23) triggering a technical sell signal with above average volume behind today's 6th consecutive loss. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Extended From Base and Hitting Another New High - 9/14/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$32.46 -1.46
-4.30%

$34.28

826,748
92.48% of 50 DAV
50 DAV is 894,000
$38.66
-16.04%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 10/8/2018 11:37:18 AM
G - Violated its 50 DMA line ($33.83) and prior highs in the $32 area with a big loss today triggering technical signals. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base Following Rally - 10/1/2018
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