You are not logged in.
This means you
CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You
MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.
AFTER MARKET UPDATE - TUESDAY, OCTOBER 27TH, 2015
Previous After Market Report Next After Market Report >>>
|
|
|
|
DOW |
-41.62 |
17,581.43 |
-0.24% |
|
Volume |
971,936,470 |
+19% |
|
Volume |
1,775,001,030 |
+11% |
|
NASDAQ |
-4.55 |
5,030.15 |
-0.09% |
|
Advancers |
802 |
26% |
|
Advancers |
846 |
29% |
|
S&P 500 |
-5.29 |
2,065.89 |
-0.26% |
|
Decliners |
2,288 |
74% |
|
Decliners |
2,073 |
71% |
|
Russell 2000 |
-14.21 |
1,145.29 |
-1.23% |
|
52 Wk Highs |
41 |
|
|
52 Wk Highs |
57 |
|
|
S&P 600 |
-8.27 |
679.83 |
-1.20% |
|
52 Wk Lows |
117 |
|
|
52 Wk Lows |
109 |
|
|
 |
Leadership Waned and Breadth was Negative as Indices Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks finished lower on Tuesday. The Dow was off 41 points to 17581. The S&P 500 lost 5 points to 2065. The NASDAQ was down 4 points to 5030. Volume totals were reported higher on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by nearly a 3-1 margin on the NYSE and by more than 2-1 on the Nasdaq exchange. Leadership contracted again as there were 23 stocks that made it onto the BreakOuts Page, down from the prior session total of 55 high-ranked companies from the Leaders List that made a new 52-week high. The new 52-week lows expanded and outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. There were gains for 3 of the 7 high-ranked companies currently on the Featured Stocks Page. PICTURED: The Nasdaq Composite Index recently gapped up above its 200-day moving average (DMA) line, helping its technical stance. The major indices have established a confirmed uptrend (M criteria). Coupled with a reassuring expansion in leadership (stocks hitting new 52-week highs) Friday's big gains helped the S&P 500 Index, Dow Jones Industrial Average, and Nasdaq Composite Index unanimously rally above their respective 200-day moving average lines. The market environment is technically in healthier shape. New buying efforts may be considered in stocks meeting all key criteria, and some new candidates have met the strict guidelines of the fact-based investment system in the recent recovery.
The major averages retreated modestly as investors digested earnings reports
and economic releases. Durable goods orders for September were slightly ahead of
analyst projections; however, the August number was revised significantly down.
A gauge of consumer confidence for October also disappointed, coming in at 97.6
versus expectations of 102.9. In separate releases, data on the services sector
disappointed while home prices grew slightly more than analysts were
expecting.
In earnings, Pfizer (PFE +2.4%) and Bristol-Myers (BMY +3.4%) rose after each company beat on the top and the bottom line. Alibaba Group (BABA
+4.2%) rose after a slight EPS beat and solid mobile sales numbers.
Ford (F -5.2%) fell after the company sighted tax headwinds as the
rationale for missing earnings expectations. International Business Machines (IBM -4%) fell after
disclosing an SEC investigation into the company’s revenue recognition
procedures.
Eight of ten sectors in the S&P 500 finished lower on the session. Energy
and telecom stocks led the losses while the healthcare sector outperformed. Treasuries moved higher for a second-straight session. The benchmark U.S.
10-year note gained 7/32 to yield 2.03%. Commodities were mixed. WTI crude is slid 1.8% to $43.21/barrel. COMEX gold
traded flat at $1166.80/ounce. Valeant (VRX) halted its steep slide following damaging losses. When recently revisited in the "Featured Stock Update" section of the 10/20/15 report (read here). members were reminded - "Previously featured stocks which were dropped can serve as educational examples of the investment system's tactics. It is also a reminder that high-ranked leaders eventually fall out of favor. The action demonstrates the importance of recognizing sell signals and limiting losses if any stock falls more than -7% from your purchase price. " The Featured Stocks Page saw some new names recently added. The most current notes with headline links help members have access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports
|
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. |
|
 |
Biotech Index Posts Big Gain; Energy-Related Shares Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Financials were a negative influence on the major averages as the Broker/Dealer Index ($XBD -1.21%) and the Bank Index ($BKX -0.59%) fell. The Retail Index ($RLX -0.36%) also edged lower. Energy-related shares were weak as the Oil Services Index ($OSX -1.83%) and the Integrated Oil Index ($XOI -1.46%) each was solidly lower. The Gold & Silver Index ($XAU +0.06%) finished flat. The Biotechnology Index ($BTK +3.48%) was a standout gainer while the Semiconductor Index ($SOX -0.67%) and Networking Index ($NWX -0.49%) pulled the tech sector lower.PICTURED: The Bank Index ($BKX -0.59%) recently met resistance at prior highs and its 200-day moving average (DMA) line. Technical improvement above the 200 DMA line for the index would a very reassuring sign for the broader market outlook, since financial stocks are reliable leading indicators.
| Oil Services |
$OSX |
171.74 |
-3.21 |
-1.83% |
-18.56% |
| Integrated Oil |
$XOI |
1,156.95 |
-17.09 |
-1.46% |
-14.18% |
| Semiconductor |
$SOX |
665.71 |
-4.48 |
-0.67% |
-3.08% |
| Networking |
$NWX |
387.79 |
-1.92 |
-0.49% |
+8.34% |
| Broker/Dealer |
$XBD |
172.83 |
-2.11 |
-1.21% |
-6.40% |
| Retail |
$RLX |
1,259.83 |
-4.50 |
-0.36% |
+21.99% |
| Gold & Silver |
$XAU |
54.57 |
+0.03 |
+0.06% |
-20.66% |
| Bank |
$BKX |
72.32 |
-0.43 |
-0.59% |
-2.61% |
| Biotech |
$BTK |
3,586.36 |
+120.66 |
+3.48% |
+4.28% |
|
|
|
 |
Small Supply in Food Firm Tecnically Breaking Out
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Sanfilippo John B & Son (JBSS +$4.62 or +8.73% to 57.56) was highlighted in yellow with pivot point cited based on its 7/14/15 high plus 10 cents in the earlier mid-day report (read here). No resistance remains after hitting new 52-week and all-time highs with today's considerable gain backed by +162% above average volume. The strong finish above the pivot point clinched a technical buy signal. The Food - Misc Preparation firm processes and markets various nuts. JBSS reported earnings +34% on +10% sales revenues for the Sep '15 quarter, its 3rd consecutive earnings comparison (C criteria) above the +25% minimum guideline. Earnings rose +73% in the Mar '15 quarter and +27% in the Jun '15 quarter versus the year ago periods. Its annual earnings (A criteria) history has been strong after a downturn in FY '11. It has a Timeliness Rating of A and a Sponsorship Rating of C. Its small supply of only 8.29 million shares (S criteria) in the float may contribute to greater price volatility. The number of top-rated funds owning its shares rose from 200 in Dec '14 to 241 in Sep '15, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. 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 |
SFNC
-
NASDAQ
Simmons First Natl Cp A
BANKING - Regional - Southeast Banks
|
$51.69
|
-0.82
-1.56% |
$52.90
|
163,446
95.03% of 50 DAV
50 DAV is 172,000
|
$53.00
-2.46%
|
10/22/2015
|
$50.13
|
PP = $48.98
|
|
MB = $51.43
|
Most Recent Note - 10/23/2015 5:32:09 PM
G - Color code is changed to green after rallying beyond its "max buy" level. Finished strong after highlighted in yellow with pivot point cited based on its 9/17/15 high plus 10 cents in the 10/22/15 mid-day report (read here). The big gain with 4 times average volume triggered a technical buy signal and no resistance remains due to overhead supply. Reported earnings +35% on +77% sales revenues for the Sep '15 quarter, and prior quarterly comparisons had earnings strong and steady above the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Triple Average Volume Behind Spike to New HIgh Territory - 10/22/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
MANH
-
NASDAQ
Manhattan Associates Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software
|
$72.18
|
-1.11
-1.51% |
$74.74
|
662,507
132.77% of 50 DAV
50 DAV is 499,000
|
$74.85
-3.57%
|
10/21/2015
|
$69.18
|
PP = $69.91
|
|
MB = $73.41
|
Most Recent Note - 10/27/2015 1:48:15 PM
Y - Color code is changed to yellow after quietly pulling back below its "max buy" level following volume-driven gains. Prior highs in the $69 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Finished Strong With Gain Backed By Heavy Volume - 10/21/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
JBSS
-
NASDAQ
Sanfilippo John B & Son
FOOD and BEVERAGE - Processed and Packaged Goods
|
$57.56
|
+4.62
8.73% |
$58.47
|
181,391
274.83% of 50 DAV
50 DAV is 66,000
|
$57.23
0.58%
|
10/27/2015
|
$56.00
|
PP = $57.33
|
|
MB = $60.20
|
Most Recent Note - 10/27/2015 5:37:50 PM
Y - Finished strong after highlighted in yellow with pivot point cited based on its 7/14/15 high plus 10 cents in the earlier mid-day report (read here). No resistance remains after hitting new 52-week and all-time highs with heavy volume behind its breakout gain triggering a technical buy signal. Reported earnings +34% on +10% sales revenues for the Sep '15 quarter, its 3rd consecutive earnings comparison (C criteria) above the +25% minimum guideline. Small supply of only 8.29 million shares (S criteria) in the float may contribute to greater price volatility. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Small Supply in Food Firm Tecnically Breaking Out - 10/27/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
ULTA
-
NASDAQ
Ulta Salon Cosm & Frag
SPECIALTY RETAIL - Specialty Retail, Other
|
$169.09
|
-0.11
-0.07% |
$169.92
|
396,198
40.72% of 50 DAV
50 DAV is 973,000
|
$176.77
-4.34%
|
10/22/2015
|
$168.02
|
PP = $170.31
|
|
MB = $178.83
|
Most Recent Note - 10/22/2015 6:53:54 PM
Y - Consolidating above its 50 DMA line with volume totals cooling, and very little resistance remains due to overhead supply. Color code is changed to yellow with new pivot point cited based on its 9/25/15 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line - 10/12/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
FLTX
-
NYSE
Fleetmatics Group Plc
Computer Sftwr-Enterprse
|
$55.07
|
+1.55
2.90% |
$56.27
|
487,289
132.06% of 50 DAV
50 DAV is 369,000
|
$56.60
-2.69%
|
9/23/2015
|
$51.26
|
PP = $52.55
|
|
MB = $55.18
|
Most Recent Note - 10/27/2015 1:54:16 PM
Y - Rallying near its "max buy" level with higher volume today. Prior highs in the $52 area acted as support during its consolidation.
>>> FEATURED STOCK ARTICLE : Found Support Above Prior Highs Following Breakout - 10/19/2015 |
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 |
LXFT
-
NYSE
Luxoft Holding Inc Cl A
Comp Sftwr-Spec Enterprs
|
$66.62
|
+0.83
1.26% |
$67.86
|
259,059
104.88% of 50 DAV
50 DAV is 247,000
|
$70.94
-6.09%
|
10/22/2015
|
$66.65
|
PP = $68.95
|
|
MB = $72.40
|
Most Recent Note - 10/26/2015 6:21:02 PM
Y - Slumped back into its prior base today raising concerns after Friday's gap up and new 52-week high triggered a technical buy signal. New pivot point cited was based on its 9/17/15 high plus 10 cents. See the latest FSU analysis for more details and a new graph.
>>> FEATURED STOCK ARTICLE : Retreat Into Prior Base Following Latest Breakout - 10/26/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
NHTC
-
NASDAQ
Natural Health Trends
Cosmetics/Personal Care
|
$38.63
|
-2.73
-6.60% |
$41.55
|
469,672
192.49% of 50 DAV
50 DAV is 244,000
|
$44.75
-13.68%
|
10/23/2015
|
$42.12
|
PP = $44.85
|
|
MB = $47.09
|
Most Recent Note - 10/27/2015 1:52:50 PM
Y - Pulling back with above average volume for a 2nd consecutive session, encountering some distributional pressure after rising within striking distance of its 52-week high. Highlighted in yellow in the 10/23/15 mid-day report with new pivot point cited based on its 6/25/15 high plus 10 cents - "Subsequent volume-driven gains for new highs are still needed to trigger a proper technical buy signal. Making progress through resistance, still facing some overhead supply up through the $44 level. Due to report Sep '15 quarterly earnings after the close today, and volume and volatility often increase near earnings news. Found support at its 200 DMA line during its deep 4-month cup shaped base. There are 107 top-rated funds reportedly owning an interest through Sep '15, and it has only 7.80 million shares (S criteria) in the public float. Quarterly comparisons through Jun '15 showed strong sales and earnings increases well above the +25% minimum guideline (C criteria). Patience and discipline are paramount. See the latest FSU analysis for more details and an annotated graph."
>>> FEATURED STOCK ARTICLE : Finished Strong But Approaching Prior Resistance - 10/23/2015 |
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.
|
|
|
