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, DECEMBER 8TH, 2015
Previous After Market Report Next After Market Report >>>
|
|
|
|
DOW |
-162.51 |
17,568.00 |
-0.92% |
|
Volume |
946,206,160 |
+2% |
|
Volume |
1,727,330,840 |
-2% |
|
NASDAQ |
-3.57 |
5,098.24 |
-0.07% |
|
Advancers |
1,011 |
33% |
|
Advancers |
1,148 |
40% |
|
S&P 500 |
-13.48 |
2,063.59 |
-0.65% |
|
Decliners |
2,079 |
67% |
|
Decliners |
1,736 |
60% |
|
Russell 2000 |
-4.90 |
1,159.40 |
-0.42% |
|
52 Wk Highs |
28 |
|
|
52 Wk Highs |
29 |
|
|
S&P 600 |
-4.41 |
685.69 |
-0.64% |
|
52 Wk Lows |
361 |
|
|
52 Wk Lows |
205 |
|
|
 |
New 52-Week Lows Totals Expand on NYSE and Nasdaq
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks sold off on Tuesday. The Dow lost 161 points to 17569. The S&P 500 was off 13 points to 2063. The NASDAQ fell 3 points to 5098. Volume was higher than the prior session total on the NYSE and lighter on the Nasdaq exchange. Breadth was negative as decliners led advancers by a 2-1 margin on the NYSE and by 3-2 on the Nasdaq exchange. Leadership waned as there were only 20 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, down from 36 on the prior session. There were 8 gains from the list of 12 high-ranked companies currently on the Featured Stocks Page. The new 52-week lows list grew and solidly outnumbered new 52-week highs on the Nasdaq exchange and on the NYSE.
Charts used courtesy of www.stockcharts.com
PICTURED: The S&P 500 Index fell for the 4th time in 5 sessions and ended just below its 200-day moving average (DMA) line. Its 50 DMA line and recent lows define important near-term support where violations would raise concerns. The Dow Jones Industrial Average and S&P 500 Index are consolidating near their respective 200 DMA lines. Recently leadership (stocks hitting new highs) waned as the "uptrend under pressure" for the major averages (M criteria) has been noted. The major averages declined for the fourth time in five sessions as investors
focused on global uncertainty. World markets retreated overnight after a report
showed China’s exports fell for fifth-straight month, while imports declined for
a record 13th-consecutive month. In economic news, small business optimism
unexpectedly receded in November, while the number of job openings in the U.S.
decreased to 5.38 million in October.
Shares of Staples (SPLS -5.35%) tumbled on news the FTC will challenge the
company’s proposed merger with Office Depot (ODP +1.35%) Qualcomm (QCOM -5.63%) fell after
European and Taiwanese regulators announced they are looking into anti-trust
concerns. Chipotle (CMG -1.72%) fell again after the company announced
the temporary closing of a Boston store due to another E. coli outbreak.
Nine out of ten sectors in the S&P 500 traded lower on Tuesday. Materials
and industrial stocks underperformed while healthcare was the lone sector to
advance.
Treasuries were little changed with the benchmark 10-year note adding 1/32 to
yield 2.23%. In commodities, NYMEX WTI crude fell 0.1% to 37.61/barrel. COMEX
gold finished flat at $1076.30/ounce. In FOREX, the dollar lost ground to the
yen and euro. The Featured Stocks Page saw some new names recently added. The most current notes with headline links help members have access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepagefor archives to all prior pay reports.
|
Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.
Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. |
|
 |
Biotech and Retail Indexes Rose Amid Widespeard Weakness
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX +0.61%) edged higher, but the Bank Index ($BKX-1.84%) and the Broker/Dealer Index ($XBD -1.50%) fell as financial shares were negative influences on the major averages on Tuesday. The Biotechnology Index ($BTK +1.80%) rose, meanwhile the Networking Index ($NWX -0.50%) and the Semiconductor Index ($SOX -0.85%) both ended lower. Commodity-linked groups were also lower as the Gold & Silver Index ($XAU -1.75%), Integrated Oil Index ($XOI -1.05), and Oil Services Index ($OSX -1.33%) each fell. Charts courtesy www.stockcharts.com
PICTURED: The Bank Index ($BKX-1.84%) closed just below its 200-day moving average (DMA) line.
| Oil Services |
$OSX |
160.26 |
-2.16 |
-1.33% |
-24.00% |
| Integrated Oil |
$XOI |
1,093.65 |
-11.61 |
-1.05% |
-18.88% |
| Semiconductor |
$SOX |
679.03 |
-5.83 |
-0.85% |
-1.14% |
| Networking |
$NWX |
391.06 |
-1.98 |
-0.50% |
+9.25% |
| Broker/Dealer |
$XBD |
183.36 |
-2.78 |
-1.50% |
-0.69% |
| Retail |
$RLX |
1,310.51 |
+7.94 |
+0.61% |
+26.90% |
| Gold & Silver |
$XAU |
46.47 |
-0.83 |
-1.75% |
-32.44% |
| Bank |
$BKX |
74.36 |
-1.40 |
-1.85% |
+0.13% |
| Biotech |
$BTK |
3,710.95 |
+65.74 |
+1.80% |
+7.90% |
|
|
|
 |
Extended From Prior Base and Pulling Back From High
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Simmons First Natl Cp (SFNC -$1.23 or -2.21% to $54.31) has been retreating from a new 52-week high hit last week. Its 50-day moving average (DMA) line defines near-term support to watch. It was last shown in this FSU section on 11/19/15 with an annotated graph under the headline, "Extended From Prior Base and Perched Near High". Disciplined investors avoid chasing extended stocks more than +5% above their prior highs or pivot point. SFNC was highlighted in yellow at $50.13 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 98 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 262 in Sep '15, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.6 is an unbiased indication its shares have been under accumulation 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
|
$52.99
|
-0.82
-1.52% |
$53.61
|
167,818
99.89% of 50 DAV
50 DAV is 168,000
|
$57.99
-8.62%
|
11/6/2015
|
$56.34
|
PP = $55.58
|
|
MB = $58.36
|
Most Recent Note - 12/7/2015 3:56:33 PM
Y - Pulling back near important support at its 50 DMA line ($53.06). More damaging losses leading to a violation would raise greater concerns. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Negated Breakout Then Finding Support Above 50 Day Average - 11/24/2015 |
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
|
$54.31
|
-1.23
-2.21% |
$55.61
|
158,421
110.78% of 50 DAV
50 DAV is 143,000
|
$58.75
-7.56%
|
10/22/2015
|
$50.13
|
PP = $48.98
|
|
MB = $51.43
|
Most Recent Note - 12/8/2015 5:08:56 PM
G - Extended from prior base and pulling back from its 52-week high. Its 50 DMA line defines near-term 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 Pulling Back From High - 12/8/2015 |
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
|
$76.44
|
+0.87
1.15% |
$76.78
|
441,003
83.37% of 50 DAV
50 DAV is 529,000
|
$77.75
-1.68%
|
10/21/2015
|
$69.18
|
PP = $69.91
|
|
MB = $73.41
|
Most Recent Note - 12/4/2015 5:21:01 PM
G - Posted a gain on light volume today for a best-ever close. Prior highs in the $69 area and its 50 DMA line define support to watch on pullbacks.
>>> 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 |
HAWK
-
NASDAQ
Blackhawk Network Inc
DIVERSIFIED SERVICES - Business/Management Services
|
$47.33
|
+0.35
0.74% |
$47.55
|
417,668
74.32% of 50 DAV
50 DAV is 562,000
|
$48.40
-2.21%
|
11/25/2015
|
$47.63
|
PP = $47.07
|
|
MB = $49.42
|
Most Recent Note - 12/4/2015 5:25:59 PM
Y - Matched its best-ever close with today's gain on near average volume. Volume must be at least +40% above average behind gains above a stock's pivot point to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Gain For New High With +36% Above Average Volume - 11/25/2015 |
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
|
$57.16
|
+0.51
0.90% |
$57.57
|
66,620
84.33% of 50 DAV
50 DAV is 79,000
|
$66.29
-13.77%
|
10/27/2015
|
$56.00
|
PP = $57.33
|
|
MB = $60.20
|
Most Recent Note - 12/4/2015 5:19:17 PM
Y - Found support and posted a gain today on above average volume after quietly pulling back near prior highs in the $57 area and its 50 DMA line. More damaging losses would raise concerns and trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs and 50-Day Moving Average - 11/30/2015 |
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 |
STMP
-
NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services
|
$102.98
|
+0.20
0.19% |
$103.93
|
302,765
102.63% of 50 DAV
50 DAV is 295,000
|
$106.43
-3.24%
|
11/6/2015
|
$100.75
|
PP = $88.97
|
|
MB = $93.42
|
Most Recent Note - 12/4/2015 5:22:31 PM
G - Posted a gain on light volume today, still consolidating in a tight range near its 52-week high. Prior highs in the $88 area define important near-term support to watch. Disciplined investors avoid chasing extended stocks.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain For Second Best Close - 11/23/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
ULTI
-
NASDAQ
Ultimate Software Group
INTERNET - Internet Software and Services
|
$194.65
|
+1.77
0.92% |
$195.43
|
218,091
81.07% of 50 DAV
50 DAV is 269,000
|
$216.27
-10.00%
|
10/28/2015
|
$204.38
|
PP = $195.28
|
|
MB = $205.04
|
Most Recent Note - 12/4/2015 5:16:28 PM
G - Posted a small gain today on lighter volume. Volume was below average as it slumped below prior highs in the $195 area and below its 50 DMA line on the prior session raising concerns and triggering a technical sell signal. Color code is changed to green. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Volume Light But Slump Below 50-Day Average Raised Concerns - 12/4/2015 |
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
|
$60.39
|
-0.61
-1.00% |
$61.18
|
507,719
113.58% of 50 DAV
50 DAV is 447,000
|
$62.86
-3.93%
|
9/23/2015
|
$51.26
|
PP = $52.55
|
|
MB = $55.18
|
Most Recent Note - 12/7/2015 5:42:58 PM
G - There was a "negative reversal" today for a loss on higher volume after touching a new high. Recent consolidation was too short to be considered a valid new base. Prior highs in the $56 area and its 50 DMA line define important support. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Negative Reversal After Touching a New High - 12/7/2015 |
View all notes |
Set NEW NOTE alert |
Company Profile |
SEC
News |
Chart |
Request a new note
C
A
S
I |
LGIH
-
NASDAQ
L G I Homes Inc
Bldg-Resident/Comml
|
$27.58
|
+0.30
1.10% |
$27.61
|
660,509
108.99% of 50 DAV
50 DAV is 606,000
|
$36.07
-23.54%
|
12/1/2015
|
$35.15
|
PP = $33.97
|
|
MB = $35.67
|
Most Recent Note - 12/7/2015 3:50:40 PM
G - Violated its 50 DMA line with today's damaging volume-driven loss raising greater concerns while triggering a technical sell signal, and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Volume Heavy Behind Breakout Gain - 12/1/2015 |
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
|
$80.20
|
+1.21
1.53% |
$80.64
|
287,987
122.55% of 50 DAV
50 DAV is 235,000
|
$80.32
-0.15%
|
10/22/2015
|
$66.65
|
PP = $68.95
|
|
MB = $72.40
|
Most Recent Note - 12/7/2015 5:45:28 PM
G - Touched a new high today but ended with a loss on light volume. Disciplined investors avoid chasing extended stocks. Its 50 DMA line ($69.95) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Another Gain on Average Volume to a New High Close - 12/2/2015 |
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 |
VBTX
-
NASDAQ
Veritex Holdings Inc
BANKING - Regional - Southwest Banks
|
$17.04
|
+0.00
0.00% |
$17.14
|
36,149
240.99% of 50 DAV
50 DAV is 15,000
|
$17.95
-5.07%
|
11/4/2015
|
$17.00
|
PP = $18.05
|
|
MB = $18.95
|
Most Recent Note - 12/8/2015 3:59:53 PM
Y - Churning above average volume again today, but not making meaningful price progress. Gains above its pivot point backed by at least +40% above average volume are needed to trigger a proper technical buy signal. Found support above its 50 DMA line, and it is perched within striking distance of its 52-week high..
>>> FEATURED STOCK ARTICLE : Found Support This Week Above 50-Day Moving Average - 11/20/2015 |
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
|
$47.64
|
+1.91
4.18% |
$47.73
|
267,175
63.16% of 50 DAV
50 DAV is 423,000
|
$55.45
-14.08%
|
10/23/2015
|
$42.12
|
PP = $44.85
|
|
MB = $47.09
|
Most Recent Note - 12/8/2015 3:56:34 PM
G - Volume totals have been cooling in recent weeks while consolidating above important support at its 50 DMA line ($43.58). Subsequent losses leading to a damaging violation would raise concerns and trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : After Successful Test of 10-Week Average a Valid Secondary Buy Point Exists - 11/27/2015 |
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.
|
|
|
