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 - MONDAY, FEBRUARY 11TH, 2019
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -53.22 25,053.11 -0.21% Volume 813,346,850 -2% Volume 1,876,481,875 -9%
NASDAQ +9.70 7,307.90 +0.13% Advancers 1,934 66% Advancers 1,854 60%
S&P 500 +1.92 2,709.80 +0.07% Decliners 1,017 34% Decliners 1,222 40%
Russell 2000 +12.59 1,518.98 +0.84% 52 Wk Highs 86   52 Wk Highs 65  
S&P 600 +8.66 943.25 +0.93% 52 Wk Lows 11   52 Wk Lows 33  

Breadth Positive and Leadership Improves; Major Indices End Mixed

Stocks finished little changed Monday. The Dow was off 53 points to 25,053 while the S&P 500 added a point to 2,709. The Nasdaq Composite gained 9 points to 7,307The volume totals were lighter than the prior session on both the NYSE and the Nasdaq exchange. Advancers led decliners by nearly 2-1 on the NYSE and by 3-2 on the Nasdaq exchange. There were 43 high-ranked companies from the Leaders List that made a new 52-week high and were listed on the BreakOuts Page, versus the total of 24 on the prior session. New 52-week highs expanded and solidly outnumbered shrinking new 52-week lows totals on the NYSE and on the Nasdaq exchange.  The major indices are in a confirmed uptrend after recently noted improvements helped to signal a change in market direction (M criteria) back to a bullish stance. ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index is consolidating after meeting resistance at its 200-day moving average (DMA) line, still -7.9% below its record high. 

The major averages hovered near the flat-line as investors awaited further trade updates. U.S. and Chinese trade officials are set to resume negotiations on Wednesday as the two delegations are attempting to finalize a new agreement prior to March 1st. A report today indicated President Trump and Chinese President Xi may have additional trade discussions in mid-March. Market participants also kept a watchful eye on Capitol Hill as lawmaker’s continue to debate separate budget proposals ahead of Friday’s deadline to fund the federal government. There were no notable economic releases today.

Eight of 11 S&P 500 sectors finished in positive territory as Industrials paced gains. Shares of Norfolk Southern (NSC +3.20%) rose after the railroad operator announced a strategic plan to increase revenues. Communication Services underperformed as Activision-Blizzard (ATVI -7.60%) fell amid reports the video game maker plans to cut its workforce. In corporate news, Tesla (TSLA +2.30%) rose after the electric vehicle maker was the subject of an analyst upgrade.

Treasuries weakened along the curve with the yield on the 10-year note up two basis point to 2.66%. In commodities, WTI crude lost 0.6% to $52.39/barrel. COMEX gold declined 0.5% to $1,307.00/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.


Tech, Oil Services, and Financial Indexes Rose

The Broker/Dealer Index ($XBD +0.36%) and the Bank Index ($BKX +0.23%) both posted modest gains on Monday while the Retail Index ($RLX +0.05%) finished flatThe tech sector had a positive bias as the Networking Index ($NWX +0.72%), Biotech Index ($BTK +0.59%) and the Semiconductor Index ($SOX +0.50%) each posted a modest gain. The Oil Services Index  ($OSX +0.50%) edged higher while the Integrated Oil Index ($XOI +0.01%) finished flat and the Gold & Silver Index ($XAU -1.24%) posted a small loss.

Charts courtesy of www.stockcharts.com

PICTURED: The 5-year chart of the Integrated Oil Index ($XOI +0.01%) illustrates how it rebounded impressively from its December low which nearly tested its 2017 low.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  93.28 +0.46 +0.50% +15.73%
Integrated Oil $XOI  1,256.66 +0.13 +0.01% +8.42%
Semiconductor $SOX  1,308.88 +6.46 +0.50% +13.31%
Networking $NWX  556.55 +3.99 +0.72% +13.89%
Broker/Dealer $XBD  259.89 +0.93 +0.36% +9.50%
Retail $RLX  2,086.43 +0.94 +0.05% +6.92%
Gold & Silver $XAU  74.81 -0.94 -1.24% +5.87%
Bank $BKX  96.74 +0.23 +0.24% +12.76%
Biotech $BTK  4,815.60 +28.06 +0.59% +14.09%


Big Breakaway Gap Triggered Technical Buy Signal

Insperity Inc (NSP +$21.07 or +19.00% to $131.97) was highlighted in yellow with new pivot point cited based on its 9/11/18 high plus 10 cents in the earlier mid-day report (read here). It hit a new all-time high with today's big "breakaway gap" triggering a technical buy signal.

The high-ranked Commercial Services - Outsourcing firm reported earnings +25% on +17% sales revenues for the Dec '18 quarter. The past 7 quarterly earnings increases were above the +25% minimum guideline (C criteria). Its Timeliness Rating is A and its Sponsorship Rating is B. Annual earnings (A criteria) history has improved after a downturn in FY '13.

Shares split 2:1 effective 12/19/17. The number of top-rated funds owning its shares rose from 319 in Mar '16 to 634 in Dec '18, a reassuring sign concerning the I criteria. Its small supply of only 37.6 million shares in the public float (S criteria) can contribute to greater price volatility in the event of institutional buying or selling.

Charts used courtesy of 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
MLR - NYSE
Miller Industries Inc
AUTOMOTIVE - Auto Parts  
$29.83 -0.03
-0.10%

$30.62

11,593
34.10% of 50 DAV
50 DAV is 34,000
$30.84
-3.27%
11/30/2018 $28.35 PP = $29.50
MB = $30.98
Most Recent Note - 2/7/2019 5:37:12 PM
Y - Volume totals have been cooling while holding its ground near its all-time high. Subsequent gains above the pivot point backed by at least +40% above average volume may help clinch a proper technical buy signal. Its 50 DMA line and recent low define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Traded Above Pivot Point Recently Without Great Volume - 1/29/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NSP - NYSE
Insperity Inc
Comml Svcs-Outsourcing  
$131.97 +21.07
19.00%

$132.00

1,071,450
342.32% of 50 DAV
50 DAV is 313,000
$121.15
8.93%
2/11/2019 $127.91 PP = $121.25
MB = $127.31
Most Recent Note - 2/11/2019 5:43:11 PM
Y - Finished near the session high with a big gain backed by +242% above average volume. Color code was changed to yellow with new pivot point cited based on its 9/11/18 high plus 10 cents. Hit a new all-time high with today's big "breakaway gap" triggering a technical buy signal. Reported earnings +25% on +17% sales revenues for the Dec '18 quarter. The past 7 quarterly earnings increases were above the +25% minimum guideline (C criteria). Shares split 2:1 effective 12/19/17. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Big Breakaway Gap Triggered Technical Buy Signal - 2/11/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$106.25 +2.08
2.00%

$106.78

1,003,842
134.02% of 50 DAV
50 DAV is 749,000
$118.75
-10.53%
2/8/2019 $104.92 PP = $103.63
MB = $108.81
Most Recent Note - 2/8/2019 4:35:57 PM
Y - Finished in the upper half of its intra-day range after highlighted in yellow with pivot point cited based on its 12/03/18 high after a "double bottom" base. Rallied toward its prior high with today's 3rd consecutive volume-driven gain triggering a technical buy signal. Found support near its 200 DMA line during a choppy consolidation in recent months since dropped from the Featured Stocks list on 10/10/18. Fundamentals remained strong through the Dec '18 quarter. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Cleared Prior High After Double Bottom - 2/8/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$108.46 +1.59
1.49%

$109.42

182,534
67.11% of 50 DAV
50 DAV is 272,000
$112.22
-3.35%
1/23/2019 $107.29 PP = $107.61
MB = $112.99
Most Recent Note - 2/8/2019 1:21:38 PM
Y - Pulling back today for a 3rd consecutive loss with near average volume. Subsequent gains above the pivot point backed by at least +40% above average volume may help clinch a convincing technical buy signal.
>>> FEATURED STOCK ARTICLE : Healthcare Services Firm Reached a New High - 1/23/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$48.40 +1.42
3.02%

$48.55

386,172
106.09% of 50 DAV
50 DAV is 364,000
$49.99
-3.18%
2/7/2019 $48.71 PP = $49.06
MB = $51.51
Most Recent Note - 2/11/2019 5:38:34 PM
Y - Posted a big gain today with near average volume for its second best close. Color code was changed to yellow with pivot point cited based on its 12/12/18 high plus 10 cents. The 5 most recent quarters through Dec '18 showed earnings increases above the +25% minimum guideline (C criteria) while its sales revenues growth rate has been in the 9-11% range. Annual earnings (A criteria) history has improved steadily after downturn in FY '13 and '14. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Closed Near Pivot Point After Gap Up and Big Volume-Driven Gain - 2/7/2019
 |  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
BSTC - NASDAQ
Biospecifics Technologie
Medical-Biomed/Biotech  
$68.00 +0.78
1.16%

$69.00

57,430
136.74% of 50 DAV
50 DAV is 42,000
$70.25
-3.20%
1/18/2019 $67.40 PP = $66.31
MB = $69.63
Most Recent Note - 2/11/2019 5:24:02 PM
Y - Hovering near its 52-week high. Thinly-traded Biomed/Biotech firm held its ground after a gain above its pivot point on 2/04/19 backed by +148% above average volume triggered a technical buy signal.
>>> FEATURED STOCK ARTICLE : Reversed Into Red After Hitting a New High - 2/5/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UBNT - NASDAQ
Ubiquiti Networks
TELECOMMUNICATIONS - Diversified Communication Serv  
$128.99 +4.46
3.58%

$130.52

1,102,481
301.22% of 50 DAV
50 DAV is 366,000
$128.84
0.12%
2/8/2019 $121.97 PP = $115.54
MB = $121.32
Most Recent Note - 2/11/2019 1:13:04 PM
G - Color code is changed to green after rallying above its "max buy" level. It was highlighted in yellow with new pivot point cited based on its 12/12/18 high plus 10 cents as its gapped up hitting a new all-time high on the prior session. Bullish action came after it reported earnings +75% on +23% sales revenues for the Dec '18 quarter.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average - 1/31/2019
 |  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  
$229.01 +0.45
0.20%

$232.25

1,901,596
82.14% of 50 DAV
50 DAV is 2,315,000
$229.50
-0.21%
1/31/2019 $218.14 PP = $206.40
MB = $216.72
Most Recent Note - 2/7/2019 5:35:15 PM
G - Stubbornly holding its ground above its "max buy" level and near its all-time high with volume totals cooling. Prior high ($206) defines initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Breakaway Gap Followed Strong Earnings Report - 2/1/2019
 |  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  
$172.21 -3.75
-2.13%

$177.36

1,125,103
179.44% of 50 DAV
50 DAV is 627,000
$179.22
-3.91%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 2/11/2019 1:04:51 PM
G - Perched at its all-time high. Color code was changed to green after rising above its "max buy" level. Prior high ($164) defines initial support to watch on pullbacks. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Breakaway Gap Backed by Volume +388% Above Average - 2/6/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$92.69 +0.82
0.89%

$93.75

6,244,608
67.73% of 50 DAV
50 DAV is 9,220,000
$94.58
-2.00%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 2/11/2019 5:19:53 PM
Y - Posted a small gain today on light volume. Reported +25% earnings on +13% sales revenues for the Dec '18 quarter. Disciplined investors note that the recent gains above the pivot point lacked the +40% above average volume needed to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of High Ahead of Earnings News - 1/24/2019
 |  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
ALRM - NASDAQ
Alarm.com Holdings Inc
Security/Sfty  
$63.89 -0.94
-1.45%

$65.58

523,786
99.39% of 50 DAV
50 DAV is 527,000
$65.45
-2.38%
1/22/2019 $60.52 PP = $60.30
MB = $63.32
Most Recent Note - 2/8/2019 1:24:44 PM
G - Perched near its all-time high, trading above its "max buy" level. Prior highs in the $60 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Pullback Broke Steak of Gains and Reversed From New High - 1/22/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$57.90 +0.54
0.94%

$58.30

842,365
65.86% of 50 DAV
50 DAV is 1,279,000
$59.91
-3.36%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 2/11/2019 5:18:54 PM
Y - Color code is changed to yellow while quietly consolidating just below its "max buy" level. Its 50 DMA line ($55.85) defines important near-term support to watch above the recent low ($48).
>>> FEATURED STOCK ARTICLE : Hovering in a Tight Range Near All-Time High - 1/25/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$104.57 +0.23
0.22%

$106.40

1,354,926
76.68% of 50 DAV
50 DAV is 1,767,000
$104.95
-0.36%
1/7/2019 $94.68 PP = $98.31
MB = $103.23
Most Recent Note - 2/11/2019 5:21:47 PM
G - Quiet gain today hit another new all-time high. Recent gains have lacked great volume conviction. Gains and a strong close above the pivot point backed by at least +40% above average volume are needed to clinch a proper technical buy signal. Its 50 DMA line ($90.34) and prior low define near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Volume Light While Hovering Near High - 1/28/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TTD - NASDAQ
The Trade Desk Inc Cl A
Comml Svcs-Advertising  
$148.90 +2.72
1.86%

$150.00

827,656
75.17% of 50 DAV
50 DAV is 1,101,000
$161.50
-7.80%
2/6/2019 $148.65 PP = $149.00
MB = $156.45
Most Recent Note - 2/8/2019 4:37:54 PM
Y - Posted a small gain today with lighter volume after 2 losses with higher volume, action indicative of distributional pressure. Color code was changed to yellow with pivot point cited based on its 12/03/18 high. Faces resistance due to overhead supply up to the $161 level. Gain on 2/04/19 was backed by +48% above average volume while clearing a "double bottom" base. Reported earnings +86% on +50% sales revenues for the Sep '18 quarter. Three of the past 4 quarterly comparisons were well above the +25% minimum guideline (C criteria).
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MEDP - NASDAQ
Medpace Holdings Inc
Medical-Research Eqp/Svc  
$62.69 -1.38
-2.15%

$65.50

1,071,877
138.84% of 50 DAV
50 DAV is 772,000
$69.71
-10.07%
1/30/2019 $64.10 PP = $65.19
MB = $68.45
Most Recent Note - 2/11/2019 5:25:07 PM
Y - Pulled back today for a 5th consecutive loss with higher volume. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Fundamentals remain strong. The 200 DMA line acted as support above the prior low and it has rebounded since dropped from the Featured Stocks list on 12/19/18.
>>> FEATURED STOCK ARTICLE : Rallied Near 52-Week High With a Volume-Driven Gain - 1/30/2019
 |  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

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