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, NOVEMBER 17TH, 2015
Previous After Market Report Next After Market Report >>>
|
|
|
|
DOW |
+6.49 |
17,489.50 |
+0.04% |
|
Volume |
1,049,091,300 |
+25% |
|
Volume |
1,695,373,080 |
+3% |
|
NASDAQ |
+1.39 |
4,986.01 |
+0.03% |
|
Advancers |
1,122 |
37% |
|
Advancers |
1,312 |
46% |
|
S&P 500 |
-2.75 |
2,050.44 |
-0.13% |
|
Decliners |
1,929 |
63% |
|
Decliners |
1,518 |
54% |
|
Russell 2000 |
-2.87 |
1,153.21 |
-0.25% |
|
52 Wk Highs |
30 |
|
|
52 Wk Highs |
47 |
|
|
S&P 600 |
-1.42 |
682.46 |
-0.21% |
|
52 Wk Lows |
125 |
|
|
52 Wk Lows |
143 |
|
|
 |
Major Averages Ended Little Changed
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks were little changed on Tuesday. The Dow gained 6 points to 17489. The S&P 500 slid 2 points to 2050. The NASDAQ added 1 point to 4986. Volume totals were reported higher on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by almost a 2-1 margin on the NYSE and by a narrower 7-6 margin on the Nasdaq exchange. There were 19 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, up from 3 on the prior session. New 52-week lows outnumbered new 52-week highs on the Nasdaq exchange and on the NYSE. There were gains for 6 of the 11 high-ranked companies currently on the Featured Stocks Page.
PICTURED: The Dow Jones Industrial Average met resistance at its 200-day moving average (DMA) line as it churned higher volume. Losses on higher volume last week led to a slump below its 200-day moving average (DMA) line raising concerns.
The rally came under pressure as the major indices (M criteria) endured distributional pressure last week. All three major averages slumped below their respective 200 DMA lines while leadership (stocks hitting new highs) abruptly contracted. New buying efforts may only be considered in stocks meeting all key criteria. The major averages ran out of steam in afternoon trading amid retail earnings releases and inflation data. A report showed consumer prices rose 0.2% in October, matching consensus estimates. In a separate release, industrial production was down 0.2% in October, missing analyst projections of a 0.1% increase. Manufacturing production, however, eclipsed expectations of a 0.2% advance by increasing 0.4%. On the earnings front, attention was on big-box retailers. Wal-Mart (WMT+ 3.54%) and Home Depot (HD +4.42%) rose after both reported profits above analyst projections. Shares of Dick’s Sporting Goods (DKS -9.43%) fell following disappointing quarterly results and reduced guidance. Urban Outfitters (URBN -3.84%) was lower after reporting lower sales across all brands. Seven out of ten sectors in the S&P 500 finished lower on the session. The healthcare and consumer discretionary sectors paced the gains while utilities and energy shares traded lower. Treasuries turned positive in afternoon trading with the benchmark 10-year note adding 2/32 to yield 2.26%. In commodities, NYMEX WTI crude fell 2.4% to $40.74/barrel. COMEX gold declined 1.3% to a five-year low of $1069.40/ounce. In Forex, the dollar continued to outperform against the euro The Featured Stocks Page saw some new names recently added. The most current notes with headline links help members have access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports. |
Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.
Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. |
|
 |
XAU Sinks; Retail, Biotech and Semiconductor Indexes Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX +1.05%) posted a solid gain while financial shares had a slightly negative influence on the major averages and the Broker/Dealer Index ($XBD -0.23%) and the Bank Index ($BKX -0.13%) both edged lower on Tuesday. The Biotechnology Index ($BTK +1.73%) led the tech sector higher while the Semiconductor Index ($SOX +0.58%) posted a smaller gain and the Networking Index ($NWX -0.10%) ended slightly in the red. Energy-related shares had a negative bias as the Oil Services Index ($OSX -2.19%) and the Integrated Oil Index ($XOI -0.93%) both fell. The Gold & Silver Index ($XAU -5.38%) was a standout decliner.PICTURED: The Biotechnology Index ($BTK +1.73%) faces resistance at a downward trendline and its 200-day moving average (DMA) line.
| Oil Services |
$OSX |
174.79 |
-3.92 |
-2.19% |
-17.11% |
| Integrated Oil |
$XOI |
1,182.02 |
-11.06 |
-0.93% |
-12.32% |
| Semiconductor |
$SOX |
655.82 |
+3.79 |
+0.58% |
-4.52% |
| Networking |
$NWX |
383.80 |
-0.40 |
-0.10% |
+7.22% |
| Broker/Dealer |
$XBD |
180.97 |
-0.42 |
-0.23% |
-1.99% |
| Retail |
$RLX |
1,250.11 |
+12.93 |
+1.05% |
+21.05% |
| Gold & Silver |
$XAU |
43.63 |
-2.48 |
-5.38% |
-36.57% |
| Bank |
$BKX |
74.45 |
-0.13 |
-0.17% |
+0.26% |
| Biotech |
$BTK |
3,707.82 |
+63.16 |
+1.73% |
+7.81% |
|
|
|
 |
Extended From Prior Base and Perched Near High
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Fleetmatics Group Plc (FLTX +$2.03 or +3.47% to $60.52) rallied for its second-best close with today's gain. Disciplined investors avoid chasing stocks that are extended more than +5% above prior highs from a sound base. Prior highs in the $56 area acted as support during its brief consolidation while it stayed well above its 50-day moving average (DMA) line ($53.32).
It was last shown in this FSU section on 10/30/15 with an annotated graph under the headline, "Earnings News Due May Contribute to Volatility Next Week". Bullish action followed on 11/04/15 after it reported earnings +41% on +22% sales revenues for the Sep '15 quarter, continuing its strong earnings track record with increases above the +25% minimum guideline (C criteria).
The high-ranked Ireland-based Computer Software - Enterprise found support near the 50-day moving average (DMA) line during its earlier consolidation. In the 9/23/15 mid-day report (read here) it was highlighted at $51.26 in yellow with pivot point cited based on its 8/07/15 high plus 10 cents. A volume-driven gain on 10/05/15 triggered a technical buy signal.
The number of top-rated funds owning its share rose from 280 in Dec '14 to 3344 in Sep '15, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.7 is an unbiased indication its shares have been under accumulation over the past 50 days. Its small supply of only 38.6 million shares outstanding (S criteria) can contribute to volatility in the event of any institutional buying or selling.
|
|
|
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 |
PNFP
-
NASDAQ
Pinnacle Financial Prtnr
BANKING - Regional - Southeast Banks
|
$54.00
|
-0.15
-0.28% |
$55.11
|
124,540
70.36% of 50 DAV
50 DAV is 177,000
|
$57.99
-6.88%
|
11/6/2015
|
$56.34
|
PP = $55.58
|
|
MB = $58.36
|
Most Recent Note - 11/16/2015 6:05:55 PM
Y - Gain today halted a 5 session losing streak, but its slump back into the prior base has raised some concerns. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Perched at High Following Breakout - 11/9/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
SFNC
-
NASDAQ
Simmons First Natl Cp A
BANKING - Regional - Southeast Banks
|
$55.59
|
+0.69
1.26% |
$56.08
|
123,425
61.41% of 50 DAV
50 DAV is 201,000
|
$58.58
-5.10%
|
10/22/2015
|
$50.13
|
PP = $48.98
|
|
MB = $51.43
|
Most Recent Note - 11/16/2015 6:07:10 PM
G - Posted a small gain on light volume today, and it is extended from its prior base. Prior highs in the $48 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Slightly Extended From Prior Base After Breakout - 11/3/2015 |
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
|
$72.02
|
+0.39
0.54% |
$72.78
|
357,304
67.16% of 50 DAV
50 DAV is 532,000
|
$76.49
-5.84%
|
10/21/2015
|
$69.18
|
PP = $69.91
|
|
MB = $73.41
|
Most Recent Note - 11/17/2015 3:37:03 PM
Y - Quietly consolidating below its "max buy" level. Prior highs in the $69 area and its 50 DMA line define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Prior Highs Define Support Following Recent Breakout - 11/2/2015 |
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
|
$59.77
|
-0.16
-0.27% |
$60.61
|
57,447
77.63% of 50 DAV
50 DAV is 74,000
|
$66.29
-9.84%
|
10/27/2015
|
$56.00
|
PP = $57.33
|
|
MB = $60.20
|
Most Recent Note - 11/17/2015 3:34:12 PM
Y - Color code is changed to yellow while quietly consolidating below its "max buy" level. Prior highs in the $57 area and its 50 DMA line define support after its 10/27/15 technical breakout.
>>> FEATURED STOCK ARTICLE : Consolidating Near "Max Buy" Level and Well Above Prior Highs - 11/12/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
STMP
-
NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services
|
$95.74
|
+0.30
0.31% |
$95.81
|
229,362
82.50% of 50 DAV
50 DAV is 278,000
|
$106.43
-10.04%
|
11/6/2015
|
$100.75
|
PP = $88.97
|
|
MB = $93.42
|
Most Recent Note - 11/16/2015 6:10:17 PM
G - Pulled back for a 4th consecutive loss today, slumping toward its "max buy" level while consolidating after its big "breakaway gap" on 10/28/15. Disciplined investors avoid chasing extended stocks.
>>> FEATURED STOCK ARTICLE : Big Breakaway Gap With Heavy Volume Following Earnings News - 11/6/2015 |
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 |
ULTI
-
NASDAQ
Ultimate Software Group
INTERNET - Internet Software and Services
|
$198.96
|
-0.99
-0.50% |
$201.81
|
265,614
105.40% of 50 DAV
50 DAV is 252,000
|
$216.27
-8.00%
|
10/28/2015
|
$204.38
|
PP = $195.28
|
|
MB = $205.04
|
Most Recent Note - 11/16/2015 6:12:08 PM
Y - Volume totals have been cooling following its powerful 10/28/15 breakout. Prior highs in the $195 area define initial support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Following Big Breakout Volume Totals Have Cooled - 11/16/2015 |
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
|
$162.70
|
+3.22
2.02% |
$163.58
|
784,860
101.93% of 50 DAV
50 DAV is 770,000
|
$176.77
-7.96%
|
10/22/2015
|
$168.02
|
PP = $170.31
|
|
MB = $178.83
|
Most Recent Note - 11/17/2015 5:50:11 PM
G - Found support near its 200 DMA line and rebounded, but it faces resistance due to overhead supply up through the $176 level.
>>> FEATURED STOCK ARTICLE : Gains on Light Volume Before Decisive Drop on Heavy Volume - 11/13/2015 |
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
|
$60.52
|
+2.03
3.47% |
$61.00
|
436,331
101.95% of 50 DAV
50 DAV is 428,000
|
$61.75
-1.99%
|
9/23/2015
|
$51.26
|
PP = $52.55
|
|
MB = $55.18
|
Most Recent Note - 11/17/2015 5:47:54 PM
G - Perched near its high, extended from its prior base. Prior highs in the $56 area acted as support during its brief consolidation above its 50 DMA line ($53.32). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched Near High - 11/17/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
LXFT
-
NYSE
Luxoft Holding Inc Cl A
Comp Sftwr-Spec Enterprs
|
$74.98
|
-1.37
-1.79% |
$77.04
|
266,513
116.89% of 50 DAV
50 DAV is 228,000
|
$77.39
-3.11%
|
10/22/2015
|
$66.65
|
PP = $68.95
|
|
MB = $72.40
|
Most Recent Note - 11/17/2015 3:35:40 PM
G - Stubbornly holding its ground above its "max buy" level and extended from prior highs in the $68 area. Disciplined investors avoid chasing extended stocks.
>>> FEATURED STOCK ARTICLE : Gap Up Gain Getting More Extended From Prior Base - 11/11/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
VBTX
-
NASDAQ
Veritex Holdings Inc
BANKING - Regional - Southwest Banks
|
$16.79
|
+0.53
3.26% |
$16.79
|
70,935
443.34% of 50 DAV
50 DAV is 16,000
|
$17.95
-6.46%
|
11/4/2015
|
$17.00
|
PP = $18.05
|
|
MB = $18.95
|
Most Recent Note - 11/17/2015 12:44:19 PM
Y - Sputtering but finding support near its 50 DMA line ($16.30). Still has not produced the necessary gains above its pivot point backed by at least +40% above average volume needed to trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of Highs in 19-Week Base - 11/4/2015 |
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 |
NHTC
-
NASDAQ
Natural Health Trends
Cosmetics/Personal Care
|
$45.47
|
-8.25
-15.36% |
$54.49
|
1,534,131
443.39% of 50 DAV
50 DAV is 346,000
|
$55.45
-18.00%
|
10/23/2015
|
$42.12
|
PP = $44.85
|
|
MB = $47.09
|
Most Recent Note - 11/17/2015 3:26:44 PM
G - Considerable loss today with heavy volume indicative of distributional pressure. Testing prior highs in the $44 area which were previously noted as initial support to watch.
>>> FEATURED STOCK ARTICLE : Wedging Higher Following Volume-Driven Breakout - 11/10/2015 |
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.
|
|
|
