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 - FRIDAY, MARCH 3RD, 2017
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +2.74 21,005.71 +0.01% Volume 965,080,330 -9% Volume 1,699,183,430 -9%
NASDAQ +9.53 5,870.75 +0.16% Advancers 1,487 51% Advancers 1,393 49%
S&P 500 +1.20 2,383.12 +0.05% Decliners 1,409 49% Decliners 1,430 51%
Russell 2000 -1.55 1,394.11 -0.11% 52 Wk Highs 62   52 Wk Highs 67  
S&P 600 -2.34 849.38 -0.27% 52 Wk Lows 36   52 Wk Lows 34  

Major Averages Quietly Ended The Week Higher

For the week, the Dow was up 0.9%, the S&P 500 added 0.6%, and the Nasdaq gained 0.4%. Stocks finished little changed on Friday. The Dow ticked up 2 points to 21005. The S&P 500 added 1 point to 2383 and the Nasdaq Composite gained 9 points to 5870. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange. Advancers and decliners were evenly matched on the NYSE and on the Nasdaq exchange. There were 20 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 51 on the prior session. New 52-week highs contracted yet still outnumbered new 52-week lows on both the NYSE and the Nasdaq exchange.

Charts used courtesy of www.stockcharts.com
PICTURED: The S&P 500 Index is perched near its all-time record high. 

Leadership remains healthy as the major averages' (M criteria) have maintained a confirmed uptrend. New buying efforts should only be made in candidates with superior fundamental and technical characteristics.  ThFeatured Stocks Page lists noteworthy high-ranked leaders.

The major averages fluctuated in a choppy session following a speech from Fed Chair Janet Yellen. In prepared remarks, Yellen signaled the Fed will likely hike rates later this month to reflect a strengthening labor market and a rise in inflation. According to Bloomberg data, futures are currently pricing a 94% probability of a rate hike by the March FOMC meeting. On the data front, Markit’s survey of U.S. business activity expanded to 53.8 in February, below analyst expectations.

Six of 11 sectors in the S&P 500 ended in negative territory. Consumer Staples shares underperformed with Kroger (KR -3.39%) down. Costco (COST -4.35%) slid as the warehouse retailer announced plans to raise its membership fees. In Technology, Nutanix (NTNX -26.09%) fell after being the subject of negative analyst commentary. Micron Technology (MU +3.52%) rose as the company raised its forward earnings guidance. On the M&A front, GNC Holdings (GNC +3.64%) rose amid reports of takeover speculation.

Treasuries finished mixed with the benchmark 10-year note flat to yield 2.48%. In commodities, NYMEX WTI crude added 0.6% to $53.21/barrel. COMEX gold ticked up 0.2% to $1235.10/ounce. In FOREX, the Dollar Index retreated 0.8%.

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, Financial, and Biotech Indexes Rose

The Broker/Dealer Index ($XBD +0.41%) and Bank Index ($BKX +0.46%) both posted modest gains while the Retail Index ($RLX -0.18%) finished slightly lower on FridayThe tech sector was led by the Biotechnology Index ($BTK +0.62%) while the Semiconductor Index ($SOX -0.04%) and the Networking Index ($NWX +0.06%) bother were little changed. The Oil Services Index ($OSX -0.45%) and Integrated Oil Index ($XOI -0.12%) both had a slightly negative bias while the Gold & Silver Index ($XAU +1.46%) posted a standout gain.

Charts courtesy www.stockcharts.com

PICTURED: The Biotechnology Index ($BTK +0.62%) recently rallied above prior resistance.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  175.46 -0.80 -0.45% -4.53%
Integrated Oil $XOI  1,200.96 -1.47 -0.12% -5.29%
Semiconductor $SOX  973.97 -0.36 -0.04% +7.45%
Networking $NWX  459.79 +0.30 +0.06% +3.07%
Broker/Dealer $XBD  220.42 +0.90 +0.41% +7.38%
Retail $RLX  1,435.97 -2.64 -0.18% +6.92%
Gold & Silver $XAU  82.14 +1.18 +1.46% +4.16%
Bank $BKX  97.72 +0.45 +0.46% +6.46%
Biotech $BTK  3,594.51 +22.24 +0.62% +16.89%


Recent Low Defines Support Near Prior Highs

I E S Holdings Inc's (IESC -$0.25 or -1.28% to $19.25) prior low ($18.05 on 1/18/17) defines important support near prior highs. It has been consolidating near its 50-day moving average (DMA) line. Its Relative Strength rating at 73 remains below the 80+ minimum guideline for buy candidates. 

The high-ranked Building - Maintenance & Service firm was last shown in this FSU section on 1/19/17 with an annotated graph under the headline, "Violated 50-Day Moving Average Line and Now Testing Prior Highs".  Recently it reported Dec '16 quarterly earnings -33% on +27% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. It had reported very strong Sep '16 quarterly sales revenues and earnings increases. It was highlighted in yellow in the 11/23/16 mid-day report as it returned to the Featured Stocks list while noted - "Fundamentals remain strong. Recent volume-driven gains helped it rally to new highs and above the new pivot point cited based on its 9/06/16 high plus 10 cents." 

IESC showed bullish action after dropped from the Featured Stocks list on 10/27/16. Following damaging volume-driven losses it found support at its 200-day moving average (DMA) line. Members were previously reminded - "Under the fact-based system a stock which was previously sold can be bought back again if strength returns." The usual sell rules apply if a stock is repurchased, and in the Certification the teach investors to make a 10% larger purchase than on the prior entry.

Its strong earnings track record included 5 previous quarterly earnings increases above the +25% minimum earnings guideline (C criteria). In addition to that fact its sales revenues growth rate showed encouraging acceleration, helping it better match the fact-based investment system's guidelines. Annual earnings (A criteria) growth has been strong for the past 3 years. 

Today it has a Timeliness rating of C, and its Sponsorship rating is currently a D. The number of top rated funds owning its shares rose from 52 in Dec '15 to 151 in Dec '16, a reassuring sign concerning the I criteria.  Its small supply of only 21.5 million shares (S criteria) in the public float 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
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$113.94 +0.22
0.19%

$115.39

421,999
89.41% of 50 DAV
50 DAV is 472,000
$114.51
-0.50%
1/24/2017 $100.52 PP = $108.45
MB = $113.87
Most Recent Note - 3/1/2017 5:41:17 PM
Y - Posted a gain with above average volume approaching its "max buy" level. Prior highs in the $108 area define support to watch above its 50 DMA line on pullbacks.
>>> FEATURED STOCK ARTICLE : Rose From Support at 50-Day Moving Average Line - 1/24/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SBCF - NASDAQ
Seacoast Banking Corp Fl
BANKING - Regional - Mid-Atlantic Banks  
$23.92 +0.16
0.67%

$24.00

206,000
55.53% of 50 DAV
50 DAV is 371,000
$25.13
-4.81%
2/13/2017 $24.84 PP = $23.10
MB = $24.26
Most Recent Note - 2/27/2017 5:30:44 PM
Y - Churning above average volume and consolidating since its 2/13/17 gap up was highlighted in yellow with pivot point cited based on its 1/04/17 high plus 10 cents. Its solid volume-driven gain clinched a technical buy signal. Completed a new Public Offering on 2/15/17. Prior highs in the $23 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Gap Up Gain and Strong Finish Triggered Technical Buy Signal - 2/13/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CSFL - NASDAQ
Centerstate Banks Inc
Banks-Southeast  
$25.18 +0.23
0.92%

$25.37

331,054
124.46% of 50 DAV
50 DAV is 266,000
$26.30
-4.26%
10/10/2016 $18.20 PP = $18.37
MB = $19.29
Most Recent Note - 2/28/2017 4:54:51 PM
G - Consolidating just below its 50 DMA line ($24.98). Recent low ($23.80 on 2/08/17) defines important near-term support where further deterioration would trigger a technical sell signal. Completed a new Public Offering of shares on 1/10/17.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Average Following Offering - 2/6/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IESC - NASDAQ
Integrated Electric Svcs
Bldg-Maintenance and Svc  
$19.25 -0.25
-1.28%

$19.75

49,141
90.83% of 50 DAV
50 DAV is 54,100
$23.00
-16.30%
11/23/2016 $19.35 PP = $18.26
MB = $19.17
Most Recent Note - 3/3/2017 4:42:06 PM
G - Consolidating near its 50 DMA line ($19.57). Its Relative Strength rating of 73 is now below the 80+ minimum guideline for buy candidates. Prior low ($18.05 on 1/18/17) defines important support near prior highs. Recently reported Dec '16 quarterly earnings -33% on +27% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recent Low Defines Support Near Prior Highs - 3/3/2017
 |  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  
$86.55 +1.00
1.17%

$87.10

207,619
141.24% of 50 DAV
50 DAV is 147,000
$86.35
0.23%
2/14/2017 $84.30 PP = $82.28
MB = $86.39
Most Recent Note - 3/3/2017 4:09:40 PM
G - Near average volume was behind today's 5th consecutive gain as it wedged above its "max buy" level to a new 52-week high, and its color code is changed to green. The recent low ($79.97 on 2/24/17) defines important near-term support.
>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gains Indicative of Institutional Demand - 2/14/2017
 |  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
BERY - NYSE
Berry Plastics Group Inc
CONSUMER NON-DURABLES - Packaging and Containers  
$51.15 +0.31
0.61%

$51.23

802,345
69.11% of 50 DAV
50 DAV is 1,161,000
$52.97
-3.44%
11/30/2016 $50.26 PP = $46.47
MB = $48.79
Most Recent Note - 2/28/2017 4:54:15 PM
G - Relative Strength Rating is 79, just below the 80+ minimum for buy candidates under the fact-based investment system, and it has been consolidating near its 50 DMA line. Recent lows in the $48.50 area define near-term support. Damaging losses and violations would trigger a more worrisome technical sell signal. Reported earnings +43% on -7% sales revenues for the Dec '16 quarter.
>>> FEATURED STOCK ARTICLE : Recent 50-Day Violation Raised Concerns - 2/7/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EVR - NYSE
Evercore Partners Inc
FINANCIAL SERVICES - Investment Banking  
$81.15 +1.15
1.44%

$81.38

322,676
76.28% of 50 DAV
50 DAV is 423,000
$82.29
-1.38%
1/5/2017 $71.40 PP = $72.07
MB = $75.67
Most Recent Note - 2/27/2017 9:57:56 AM
G - Still holding its ground stubbornly, extended from its prior base. Its 50 DMA line and prior low ($74.75 on 2/08/17) define near-term support to watch. Recently reported Dec '16 quarterly earnings +17% on +9% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Holding Ground After Latest Earnings Were Below +25% Guideline - 2/17/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$293.47 +4.09
1.41%

$294.74

1,026,843
90.55% of 50 DAV
50 DAV is 1,134,000
$308.66
-4.92%
2/10/2017 $259.30 PP = $272.68
MB = $286.31
Most Recent Note - 3/2/2017 12:14:12 PM
G - Pulling back from all-time highs. It is extended from its prior base following a "breakaway gap" and additional volume-driven gains. Prior highs in the $272 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Rebounding With Earnings News Due Soon - 2/10/2017
 |  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  
$125.95 +0.90
0.72%

$126.90

317,521
133.47% of 50 DAV
50 DAV is 237,900
$136.00
-7.39%
2/16/2017 $129.45 PP = $123.85
MB = $130.04
Most Recent Note - 3/2/2017 12:18:09 PM
G - Halted its slide at its 50 DMA line ($121.62) after damaging distributional pressure. Its color code was changed to green after undercutting prior highs. Further deterioration would trigger more worrisome technical sell signals.
>>> FEATURED STOCK ARTICLE : Recent Gains Have Lacked Heavy Volume Indicative of Accumulation - 2/16/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
China Lodging Group Ads
LEISURE - Lodging  
$59.78 -0.22
-0.37%

$60.15

120,942
93.75% of 50 DAV
50 DAV is 129,000
$60.92
-1.87%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 3/2/2017 12:06:31 PM
G - Perched at its all-time high. The recent low ($53.12 on 2/15/17) and its 50 DMA line ($52.42) define important near-term support to watch. Repeatedly noted with caution in prior reports - "Reported earnings +10% on +6% sales revenues for the Sep '16 quarter, below the +25% minimum earnings guideline (C criteria), raising concerns."
>>> FEATURED STOCK ARTICLE : Mostly Bullish Action Continues Since Latest Earnings Report - 2/9/2017
 |  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
BEAT - NASDAQ
BioTelemetry Inc
Medical-Services  
$26.25 +0.20
0.77%

$26.45

265,919
78.44% of 50 DAV
50 DAV is 339,000
$27.30
-3.85%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 2/27/2017 5:20:04 PM
G - Pulled back with heavy volume today and closed near its "max buy" level. Prior highs in the $24 area and its 50 DMA line ($23.17) define important near-term support.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Earnings Report Due - 2/21/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PATK - NASDAQ
Patrick Industries Inc
WHOLESALE - Building Materials Wholesale  
$81.30 +0.30
0.37%

$81.70

60,707
51.89% of 50 DAV
50 DAV is 117,000
$86.10
-5.57%
11/29/2016 $72.45 PP = $69.63
MB = $73.11
Most Recent Note - 2/27/2017 5:37:39 PM
G - Found support recently near its 50 DMA line ($79.77) and posted a gain today with above average volume. Recent lows in the $76 area define support where more damaging losses may trigger a technical sell signal. Reported earnings +14% on +30% sales revenues for the Dec '16 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Extended From Prior Base - 1/31/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$35.18 +0.21
0.60%

$35.26

636,759
102.37% of 50 DAV
50 DAV is 622,000
$38.10
-7.66%
1/25/2017 $34.09 PP = $34.04
MB = $35.74
Most Recent Note - 3/1/2017 5:46:56 PM
Y - Rising near its "max buy" level with today's 4th consecutive gain on ever-increasing volume after finding support. Consolidating above its 50 DMA line and prior highs defining important near-term support in the $33-34 area.
>>> FEATURED STOCK ARTICLE : Twice Average Volume Behind Big Breakout Gain - 1/25/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$119.97 +0.48
0.40%

$120.26

500,871
60.42% of 50 DAV
50 DAV is 829,000
$123.12
-2.56%
12/30/2016 $96.77 PP = $99.00
MB = $103.95
Most Recent Note - 2/28/2017 4:53:14 PM
G - Holding its ground stubbornly, extended from prior highs in the $103 area following a big "breakaway gap" on 2/17/17. Reported earnings +30% on +34% sales revenues for the Dec '16 quarter and it was noted - "Recovered impressively and faces no resistance due to overhead supply, but it has not formed a sound base after its gap down on 1/17/17."
>>> FEATURED STOCK ARTICLE : Stubbornly Holding Ground After Breakaway Gap - 3/1/2017
 |  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  
$28.63 -0.12
-0.42%

$28.97

115,973
134.85% of 50 DAV
50 DAV is 86,000
$29.43
-2.72%
1/23/2017 $27.30 PP = $27.87
MB = $29.26
Most Recent Note - 3/3/2017 1:39:27 PM
Y - Stubbornly holding its ground and still hovering near its "max buy" level. Prior highs in the $27 area and its 50 DMA line ($27.41) define important near-term support.
>>> FEATURED STOCK ARTICLE : Challenged Highs But Ended in Bottom Third of Intra-day Range - 1/23/2017
 |  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
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$49.65 +0.10
0.20%

$50.00

162,303
107.49% of 50 DAV
50 DAV is 151,000
$50.05
-0.80%
2/27/2017 $44.83 PP = $44.40
MB = $46.62
Most Recent Note - 3/1/2017 5:37:11 PM
G - Rallied further above its "max buy" level with today's 4th consecutive volume-driven gain, getting very extended from its prior base. No resistance remains due to overhead supply. Prior highs in the $44 area define initial support to watch. First highlighted in the 2/27/17 mid-day report with pivot point cited based on its 12/08/16 high plus 10 cents (read here). See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Big Breakout Followed Solid Earnings News - 2/28/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SFBS - NASDAQ
Servisfirst Bancshares
BANKING - Regional - Southeast Banks  
$41.56 +0.44
1.07%

$41.72

165,523
94.05% of 50 DAV
50 DAV is 176,000
$42.66
-2.58%
7/19/2016 $26.64 PP = $26.41
MB = $27.73
Most Recent Note - 2/27/2017 5:32:30 PM
G - Still holding its ground stubbornly and perched at all-time highs. Recently reported earnings +8% on +20% sales revenues for the Dec '16 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns. Its 50 DMA line ($38.92) defines important near-term support where a subsequent violation would trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Concerns Raised by Latest Earnings - 2/22/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
INGN - NASDAQ
Inogen Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$73.26 +0.48
0.66%

$74.25

280,517
196.17% of 50 DAV
50 DAV is 143,000
$79.94
-8.36%
2/27/2017 $68.69 PP = $69.94
MB = $73.44
Most Recent Note - 3/3/2017 1:25:19 PM
Y - Consolidating since its gap up for new all-time highs on 3/01/17 after reporting earnings +32% on +26% sales revenues for the Dec '16 quarter. Disciplined investors avoid chasing stocks more than +5% above the pivot point. Prior highs in the $69 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Formed Orderly Base With Earnings News Due After Tuesday's Close - 2/27/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PLAY - NASDAQ
Dave & Buster's Ent Inc
Retail-Restaurants  
$57.11 -0.18
-0.31%

$57.90

567,110
102.37% of 50 DAV
50 DAV is 554,000
$59.63
-4.23%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 3/1/2017 5:44:04 PM

Y - Found support again near its 50 DMA line ($55.80). It was highlighted in yellow with pivot point cited based on its 1/04/17 high plus 10 cents in the 2/23/17 mid-day report (read here) and it was noted - "Subsequent gains for new highs with above average volume may trigger a convincing technical buy signal. Recently wedged to new highs with gains lacking great volume. Found support near its 50 DMA line while consolidating since a big 'breakaway gap' on 12/07/16 after reporting better than expected earnings +108% on +19% sales revenues for the Oct '16 quarter. Following its $16 IPO on 10/10/14 it completed Secondary Offerings on 2/05/15, 5/27/15, and 10/01/15. "


>>> FEATURED STOCK ARTICLE : Consolidating Near 50 DMA After Recent Gains Lacked Volume - 2/23/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LITE - NASDAQ
Lumentum Holdings Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$46.70 +0.95
2.08%

$46.80

2,877,739
220.52% of 50 DAV
50 DAV is 1,305,000
$53.70
-13.03%
2/8/2017 $44.60 PP = $44.80
MB = $47.04
Most Recent Note - 3/3/2017 1:26:12 PM
Y - Color code was changed to yellow after pulling back below its "max buy" level. Prior highs in the $44-45 area define important support to watch.
>>> FEATURED STOCK ARTICLE : Gap Up Gain and Strong Finish Triggered Technical Buy Signal - 2/8/2017
 |  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
LCII - NYSE
L C I Industries
MATERIALS and CONSTRUCTION - General Building Materials  
$112.25 +0.05
0.04%

$112.47

106,374
67.33% of 50 DAV
50 DAV is 158,000
$117.15
-4.18%
11/29/2016 $106.29 PP = $101.00
MB = $106.05
Most Recent Note - 2/28/2017 4:52:17 PM
G - Slumped below its 50 DMA line ($110) and closed near the session low. Further deterioration below recent low ($104.10 on 2/14/17) may trigger a more worrisome technical sell signal. Fundamentals through Dec '16 remain strong.
>>> FEATURED STOCK ARTICLE : Distributional Action While Retreating From Highs - 1/30/2017
 |  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