Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - THURSDAY, NOVEMBER 19TH, 2015
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -4.41 17,732.75 -0.02% Volume 799,258,300 -10% Volume 1,645,012,920 -10%
NASDAQ -1.56 5,073.64 -0.03% Advancers 1,586 52% Advancers 1,264 44%
S&P 500 -2.34 2,081.24 -0.11% Decliners 1,476 48% Decliners 1,576 55%
Russell 2000 -5.02 1,166.73 -0.43% 52 Wk Highs 50   52 Wk Highs 67  
S&P 600 -2.40 690.22 -0.35% 52 Wk Lows 83   52 Wk Lows 105  

Volume Quiet as Indices Finished Little Changed

Stocks finished little changed on Thursday. The Dow was off 4 points to 17732. The S&P 500 ebbed 2 points to 2081. The NASDAQ lost 1 point to 5073. Volume totals were reported lighter on the NYSE and on the Nasdaq exchange. Advancers narrowly led decliners on the NYSE while decliners led advancers by a 5-4 margin on the Nasdaq exchange. Leadership improved as there were 48 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, up from 43 on the prior session. However, new 52-week lows still outnumbered new 52-week highs on the Nasdaq exchange and on the NYSE. There were gains for only 3 of the 11 high-ranked companies currently on the Featured Stocks Page.
Charts courtesy www.stockcharts.com


PICTURED: The S&P 500 Index is trading above its 200-day moving average (DMA) line and well above its 50 DMA line.

All three major averages (M criteria) showed impressive strength and rebounded above their respective 200 DMA lines while leadership (stocks hitting new highs) improved. New buying efforts may only be considered in stocks meeting all key criteria.

The major averages fluctuated amid mixed earnings reports. In economic news, 271,000 Americans filed initial jobless claims last week, which was in line with expectations. A gauge of leading indicators grew 0.6% in October, the largest increase in four months.

On the earnings front, UnitedHealth Group (UNH -5.65%) fell after the insurer cut its guidance for the year and hinted that it may not participate in the health exchanges stipulated by the affordable care act. Best Buy (BBY - 2.11%) pulled back after beating profit expectations but missing projections on same-store sales. Salesforce.com (CRM +4.25%) rallied after beating on both the top and bottom line.

Seven out of ten sectors in the S&P 500 advanced on Thursday. Telecom and utilities stocks paced the gains while energy and healthcare shares underperformed.

Treasuries finished mostly higher with the curve flattening. The Benchmark U.S. 10-year note was up 9/32 to yield 2.24%. In commodities, WTI crude slid 0.7% to $40.45/barrel on the NYMEX. Gold added 1.5% to $1081.40/ounce on the COMEX. In FOREX, the dollar experienced its worst session in a month with losses against all major peers.

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.


Gold & Silver Index Rose; Energy and Biotech Groups Fell

The Broker/Dealer Index ($XBD +0.07%) and the Bank Index ($BKX +0.03%) both finished flat on Thursday along with little change for the Retail Index ($RLX -0.09%). The Semiconductor Index ($SOX +0.22%) eked out a small gain while the Networking Index ($NWX -0.09%) was unchanged and the Biotechnology Index ($BTK -1.60%) slumped. Energy-related shares had a negative bias as the Oil Services Index ($OSX -2.21%) and the Integrated Oil Index ($XOI -0.83%) both fell, meanwhile, the Gold & Silver Index ($XAU +2.29%) was a standout gainer for a second consecutive session.
Charts courtesy www.stockcharts.com

PICTURED:  The Integrated Oil Index ($XOI -0.83%) has been finding support at its 50-day after meeting resistance at its 200-day moving average (DMA) line.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  175.04 -3.96 -2.21% -16.99%
Integrated Oil $XOI  1,188.59 -10.00 -0.83% -11.83%
Semiconductor $SOX  663.63 +1.49 +0.23% -3.38%
Networking $NWX  388.16 -0.34 -0.09% +8.44%
Broker/Dealer $XBD  184.44 +0.12 +0.07% -0.11%
Retail $RLX  1,267.19 -1.08 -0.09% +22.70%
Gold & Silver $XAU  46.52 +1.04 +2.29% -32.36%
Bank $BKX  76.02 +0.02 +0.03% +2.37%
Biotech $BTK  3,730.68 -60.82 -1.60% +8.48%


Extended From Prior Base and Perched Near High

Simmons First Natl Cp (SFNC -$0.51 or -0.90% to $55.86) is extended from its prior base. Its 50-day moving average (DMA) line and prior highs in the $48 area define support to watch on pullbacks. Disciplined investors avoid chasing extended stocks more than +5% above their prior highs or pivot point.

SFNC was last shown in this FSU section on 11/03/15 with an annotated graph under the headline, " Slightly Extended From Prior Base After Breakout".  It was 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).

Simmons hails from the Banks - Southeast industry group, a leading group which currently has a 99 Group Relative Strength rating (good L criteria). The banking firm 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). Annual earnings (A criteria) history has been improving after a downturn in FY '10 and '11.

The number of top-rated funds owning its shares rose from 228 in Dec '14 to 265 in Sep '15, a reassuring sign concerning the I criteria. However, its current Up/Down Volume Ratio of 0.8 suggests that it has encountered mild distributional pressure over the past 50 days. Its small supply of only 28.7 millions shares (S criteria) in the public float can contribute to greater volatility in the event of institutional buying and selling.

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
PNFP - NASDAQ
Pinnacle Financial Prtnr
BANKING - Regional - Southeast Banks  
$53.94 -0.64
-1.17%

$54.62

125,951
72.39% of 50 DAV
50 DAV is 174,000
$57.99
-6.98%
11/6/2015 $56.34 PP = $55.58
MB = $58.36
Most Recent Note - 11/19/2015 5:21:08 PM
Y - Still sputtering and slumping back into the prior base. Its 50 DMA line ($51.74) defines the next important support level. 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  
$55.86 -0.51
-0.90%

$56.28

81,533
42.25% of 50 DAV
50 DAV is 193,000
$58.58
-4.64%
10/22/2015 $50.13 PP = $48.98
MB = $51.43
Most Recent Note - 11/19/2015 5:22:46 PM
G - Extended from its prior base. Prior highs in the $48 area define initial support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched Near High - 11/19/2015
 |  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  
$72.71 -0.08
-0.11%

$74.28

277,361
52.14% of 50 DAV
50 DAV is 532,000
$76.49
-4.94%
10/21/2015 $69.18 PP = $69.91
MB = $73.41
Most Recent Note - 11/18/2015 5:17:16 PM
Y - Still quietly consolidating below its "max buy" level. Prior highs in the $69 area and its 50 DMA line define support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs and 50-Day Moving Average - 11/18/2015
 |  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  
$61.10 -0.35
-0.57%

$62.30

54,046
72.06% of 50 DAV
50 DAV is 75,000
$66.29
-7.83%
10/27/2015 $56.00 PP = $57.33
MB = $60.20
Most Recent Note - 11/18/2015 5:18:26 PM
G - Color code is changed to green after rallying back above its "max buy" level with today's volume-driven gain. 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  
$96.98 -0.11
-0.11%

$97.78

157,815
56.77% of 50 DAV
50 DAV is 278,000
$106.43
-8.88%
11/6/2015 $100.75 PP = $88.97
MB = $93.42
Most Recent Note - 11/19/2015 5:23:45 PM
G - Consolidating above its "max buy" level 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  
$204.79 +2.54
1.26%

$206.61

275,344
107.14% of 50 DAV
50 DAV is 257,000
$216.27
-5.31%
10/28/2015 $204.38 PP = $195.28
MB = $205.04
Most Recent Note - 11/18/2015 5:20:58 PM
Y - Posted a gain today with +52% above average volume. Prior highs in the $195 area define initial support to watch on pullbacks.
>>> 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  
$164.50 -0.49
-0.30%

$165.75

531,031
71.28% of 50 DAV
50 DAV is 745,000
$176.77
-6.94%
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  
$57.90 -0.22
-0.38%

$59.88

393,334
90.21% of 50 DAV
50 DAV is 436,000
$61.75
-6.23%
9/23/2015 $51.26 PP = $52.55
MB = $55.18
Most Recent Note - 11/18/2015 1:03:38 PM
G - Pulling back after getting 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 an 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  
$74.91 +0.28
0.38%

$76.43

190,172
84.52% of 50 DAV
50 DAV is 225,000
$77.39
-3.20%
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  
$16.78 +0.01
0.06%

$16.98

11,012
64.78% of 50 DAV
50 DAV is 17,000
$17.95
-6.52%
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  
$40.90 -1.63
-3.83%

$42.39

760,308
194.45% of 50 DAV
50 DAV is 391,000
$55.45
-26.24%
10/23/2015 $42.12 PP = $44.85
MB = $47.09
Most Recent Note - 11/19/2015 4:00:54 PM
G - Pulled back for a 3rd consecutive big loss today with heavy volume indicative of distributional pressure. Slumped below prior highs in the $44 area to near its 50 DMA line ($39.40).
>>> 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.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us