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AFTER MARKET UPDATE - THURSDAY, MARCH 5TH, 2015
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Indices NYSE Nasdaq
DOW  +38.82 18,135.72 +0.21% Volume 671,756,640 -5% Volume 1,605,552,610 -7%
NASDAQ +15.67 4,982.81 +0.32% Advancers 1,675 53% Advancers 1,579 55%
S&P 500 +2.51 2,101.04 +0.12% Decliners 1,377 43% Decliners 1,173 41%
Russell 2000 +3.58 1,234.31 +0.29% 52 Wk Highs 116   52 Wk Highs 98  
S&P 600 +0.80 707.24 +0.11% 52 Wk Lows 35   52 Wk Lows 42  

Major Averages Rose With Lighter Volume Totals

Stocks quietly finished Thursday higher. The S&P 500 advanced 2 points to 2,101. The NASDAQ gained 15 points to 4,982. The volume totals for the session were lower than the prior session total on the NYSE and on the Nasdaq exchange. Advancers led decliners by an 8-7 margin on the NYSE and 4-3 on the Nasdaq exchange. Leadership improved as there were 37 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, up from the prior session total of 30 stocks. The total number of new 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 9 of the 14 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, ongoing gains for the major averages have established a confirmed uptrend with a healthy crop of stocks hitting new highs.  New buying efforts should only be made in stocks meeting all of the fundamental and technical guidelines the fact-based investment system.

 

PICTURED: The Dow climbed 38 points to 18,135

The major averages reversed course to finish marginally higher ahead of Friday's important non-farm payrolls report. Foreshadowing the report, the number of unemployment claims last week rose to 320,000, the highest level in nine months. Additionally, January's measure of factory orders unexpectedly declined -0.2%.

At the close, six of the 10 S&P 500 sectors finished higher. Bank of America (BAC +1%) and financials were a notable outperformer as the DFAST reports come out after the close. Health care also showed strength as M&A activity helped lift Mallinckrodt (MNK +4.7%). Energy was the worst performing group. Exxon Mobil (XOM -0.5%) edged lower on WTI price declines.Treasuries were little changed ahead of the pending labor report. The benchmark 10-year note climbed 1/32 to yield 2.11%. However, the long bond fell 4/32 to yield 2.73%.

Commodities finished mixed. WTI crude lost -1.2% to $50.94/brl, but cold weather helped lift natural gas +2.6% to $2.84/MMBtu. Meanwhile, gold lost -0.3% to $1,197.90/ounce. In FOREX the dollar gained 0.5% as the euro lost 0.5% to $1.1025/EUR and the yen fell 0.4% to ¥120.15/USD.

The Featured Stocks Page shows recent notes and Headline Links directing members to detailed analysis with data-packed graphs annotated by a Certified expert.  See the Premium Member Homepage for archives to all prior pay reports published.


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.


Retail and Financial Group Gains Underpinned Major Averages

 The Gold & Silver Index ($XAU -0.22%) edged lower and the Integrated Oil Index ($XOI -0.89%) fell while the Oil Services Index ($OSX -0.05%) finished flat. The Retail Index ($RLX +0.52%) posted a modest gain and financials were also a positive influence on the major averages as the Broker/Dealer Index ($XBD +0.73%) and the Bank Index ($BKX +0.37%) both rose.  The Biotechnology Index ($BTK +2.28%) led the tech sector higher while the Semiconductor Index ($SOX +0.10%) eked out a small gain and the Networking Index ($NWX +0.03%) finished flat.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.52%) posted a small gain and it is perched near its all-time high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  199.93 -0.11 -0.05% -5.19%
Integrated Oil $XOI  1,341.34 -12.01 -0.89% -0.50%
Semiconductor $SOX  720.25 +0.71 +0.10% +4.86%
Networking $NWX  373.48 +0.12 +0.03% +4.34%
Broker/Dealer $XBD  184.78 +1.34 +0.73% +0.07%
Retail $RLX  1,125.05 +5.87 +0.52% +8.94%
Gold & Silver $XAU  72.53 -0.16 -0.22% +5.45%
Bank $BKX  72.81 +0.27 +0.37% -1.95%
Biotech $BTK  4,050.61 +90.38 +2.28% +17.78%


Found Support at 50-Day Moving Average Line But Relative Strength Has Slumped

Illumina Inc (ILMN +$7.45 or +3.87% to $200.13) posted a gain today with above average volume. It found support while consolidating near its 50-day moving average (DMA) line ($193.59) where more damaging losses would raise greater concerns.  There was a "negative reversal" after touching a new 52-week high on 1/28/15, finishing with a loss on above average volume.

This Medical - Research Equipment/Services firm was last shown in this FSU section on 2/10/15 with annotated graphs under the headline, "Following 'Negative Reversal' Gains Have Lacked Volume". Little resistance remains due to overhead supply, however, it has made limited headway since highlighted in the 10/22/14 mid-day report (read here). Its Relative Strength rating has slumped to 73 (see red circle), below the 80+ minimum for buy candidates.

It reported earnings +93% on +32% sales revenues for the Dec '14 quarter, its 3rd consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). Sequential quarterly comparisons show encouraging sales revenues and earnings acceleration. Its annual earnings (A criteria) growth history has improved steadily since a downturn in FY '09. The number of top-rated funds owning its shares rose from 877 in Dec '13 to 1,102 in Dec '14, a reassuring sign concerning the I criteria.


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
ACT - NYSE
Actavis plc
Medical-Generic Drugs  
$295.70 -0.44
-0.15%

$298.23

2,156,350
75.32% of 50 DAV
50 DAV is 2,863,000
$297.50
-0.61%
12/29/2014 $260.22 PP = $272.85
MB = $286.49
Most Recent Note - 3/3/2015 6:55:42 PM
G - Perched at its 52-week high after completing a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Perched At High it Proposed a New Public Offering - 2/24/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
AFSI - NASDAQ
Amtrust Financial Svcs
INSURANCE - Property and; Casualty Insurance  
$53.87 +0.46
0.86%

$54.25

552,858
76.68% of 50 DAV
50 DAV is 721,000
$59.31
-9.17%
2/11/2015 $56.02 PP = $59.41
MB = $62.38
Most Recent Note - 3/2/2015 6:44:20 PM
G - Holding its ground above its 50 DMA line with volume totals cooling. Fundamental concerns were raised by earnings for the Dec '14 quarter reported below the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Financial Firms Dec '14 Earnings Raised Fundamental Concerns - 2/11/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
AKAM - NASDAQ
Akamai Technologies Inc
INTERNET - Internet Software and Services  
$71.09 +0.04
0.06%

$71.55

1,694,248
103.50% of 50 DAV
50 DAV is 1,637,000
$71.83
-1.03%
2/13/2015 $68.46 PP = $65.49
MB = $68.76
Most Recent Note - 3/4/2015 6:36:24 PM
G - Holding its ground extended from its prior base. Prior highs in the $65 area define initial support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : Holding Ground Extended From Prior Base - 3/4/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
AMBA - NASDAQ
Ambarella Inc
ELECTRONICS - Semiconductor - Specialized  
$64.39 -3.10
-4.59%

$67.83

3,837,247
192.05% of 50 DAV
50 DAV is 1,998,000
$68.50
-6.00%
3/2/2015 $60.54 PP = $63.30
MB = $66.47
Most Recent Note - 3/5/2015 12:28:37 PM
Y - Pulling back today following a gap up and strong finish on the prior session triggering a technical buy signal. Disciplined investors avoid chasing stocks more than +5% above their prior highs. Reported earnings +162% on +62% sales revenues for the Jan '15 quarter, continuing to show impressive sales revenues and earnings acceleration in sequential quarterly comparisons.
>>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Triggered Sell Signal - 2/18/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$59.82 +0.28
0.47%

$60.79

226,278
62.86% of 50 DAV
50 DAV is 360,000
$63.50
-5.80%
2/5/2015 $51.39 PP = $52.99
MB = $55.64
Most Recent Note - 3/3/2015 12:50:59 PM
G - Holding its ground near its 52-week high following 5 consecutive gains with above average volume, getting more extended from the prior base. Prior highs in the $52 area define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Extended From Base Following Volume Driven Gains - 2/26/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
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
FB - NASDAQ
Facebook Inc Cl A
INTERNET  
$81.21 +0.32
0.39%

$81.99

27,795,290
111.07% of 50 DAV
50 DAV is 25,025,000
$82.17
-1.17%
2/20/2015 $81.79 PP = $78.47
MB = $82.39
Most Recent Note - 3/3/2015 7:00:47 PM
G - Small loss today with lighter than average volume, holding its ground above the previously cited pivot point of a "double bottom" base. While consolidating near it 52 week high it has made limited progress, and its Relative Strength rating, at 78 now, is below the 80+ minimum guideline for new buy candidates.
>>> FEATURED STOCK ARTICLE : Bullish Action While Tech Leader is Perched Near All-Time High - 2/20/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
ILMN - NASDAQ
Illumina Inc
DRUGS - Biotechnology  
$200.13 +7.45
3.87%

$200.26

1,493,513
124.17% of 50 DAV
50 DAV is 1,202,800
$213.33
-6.19%
12/30/2014 $186.26 PP = $196.00
MB = $205.80
Most Recent Note - 3/5/2015 6:00:02 PM
G - Found support at its 50 DMA line where a violation and damaging losses would raise greater concerns. Its Relative Strength rating has slumped to 73, below the 80+ minimum for buy candidates. There was a "negative reversal" on 1/28/15 after touching a new 52-week high. See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : Found Support at 50-Day Moving Average Line But Relative Strength Has Slumped - 3/5/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
JLL - NYSE
Jones Lang Lasalle Inc
REAL ESTATE - Property Management/Developmen  
$159.58 -0.37
-0.23%

$160.47

233,196
75.47% of 50 DAV
50 DAV is 309,000
$164.48
-2.98%
2/3/2015 $156.95 PP = $154.66
MB = $162.39
Most Recent Note - 3/3/2015 6:57:00 PM
Y - Color code is changed to yellow after quietly retreating below its "max buy" level. Prior highs in the $154 area and its 50 DMA line define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Wedged Above Prior Highs Getting Extended - 2/25/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
LNKD - NYSE
Linkedin Corp Class A
INTERNET - Internet Information Providers  
$268.34 +3.11
1.17%

$268.98

1,115,571
70.78% of 50 DAV
50 DAV is 1,576,000
$276.18
-2.84%
2/6/2015 $269.83 PP = $243.35
MB = $255.52
Most Recent Note - 3/3/2015 6:59:00 PM
G - Holding its ground but making little progress since the considerable "breakaway gap" noted in the 2/06/15 mid-day report (read here). It remains extended from prior highs.
>>> FEATURED STOCK ARTICLE : Holding Ground Following Breakaway Gap - 2/27/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
NXPI - NASDAQ
Nxp Semiconductors N V
ELECTRONICS - Semiconductor - Broad Line  
$98.67 -0.80
-0.80%

$100.86

3,859,916
110.98% of 50 DAV
50 DAV is 3,478,000
$100.09
-1.42%
1/5/2015 $76.43 PP = $78.44
MB = $82.36
Most Recent Note - 3/3/2015 1:01:32 PM
G - Very extended from any sound base. Gapped up for a considerable gain and new all-time high on 3/02/15 news it will acquire Freescale Semiconductor Inc (FSL) in an $11.8 Billion deal. Disciplined investors avoid chasing extended stocks.
>>> FEATURED STOCK ARTICLE : Perched at All-Time High, Extended From Prior base - 2/17/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
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
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$143.14 -0.37
-0.26%

$144.73

1,770,911
141.00% of 50 DAV
50 DAV is 1,256,000
$149.35
-4.16%
7/30/2014 $84.21 PP = $85.88
MB = $90.17
Most Recent Note - 3/4/2015 12:45:50 PM
G - Reported earnings +90% on +54% sales revenues for the Jan '15 quarter. Its 50 DMA line (now $129.56) defines near-term support to watch on pullbacks where a violation may trigger a technical sell signal. After breaking out 9/02/14 it has spent very little time basing, and it is very extended from any sound base, yet could produce more climactic gains.
>>> FEATURED STOCK ARTICLE : Reversed Into Red After Touching a New High - 2/23/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$49.74 +2.26
4.76%

$50.00

581,472
173.06% of 50 DAV
50 DAV is 336,000
$49.42
0.65%
2/6/2015 $42.24 PP = $40.84
MB = $42.88
Most Recent Note - 3/5/2015 1:21:23 PM
G - Hitting another new 52-week high with a gain today backed by above average volume, getting more extended from the prior base. Prior highs in the $40-41 area and its 50 DMA line define the nearest chart support level.
>>> FEATURED STOCK ARTICLE : Near Highs and Tallying Another Big Volume-Driven Gain - 3/2/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
UIHC - NASDAQ
United Insurance Holding
Insurance-Prop/Cas/Titl  
$23.65 +0.09
0.38%

$24.17

121,896
36.28% of 50 DAV
50 DAV is 336,000
$28.43
-16.81%
12/5/2014 $20.64 PP = $20.31
MB = $21.33
Most Recent Note - 3/2/2015 6:52:05 PM
G - Rebounded further above its 50 DMA line with today's gain on average volume. Fundamental concerns were raised as it recently reported earnings +22% on +20% sales revenues for the Dec '14 quarter, below the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Abrupt Pullback as Fundamental Concerns Were Raised - 2/19/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup
VRX - NYSE
Valeant Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$203.95 +0.80
0.39%

$205.04

2,152,878
72.17% of 50 DAV
50 DAV is 2,983,000
$204.66
-0.35%
1/5/2015 $144.84 PP = $149.90
MB = $157.40
Most Recent Note - 3/3/2015 6:53:31 PM
G - Still stubbornly holding its ground since gapping up on 2/23/15 on M&A news. Latest earnings for Dec '14 quarter raised concerns and it is very extended from any sound base. Its 50 DMA line defines the closest support to watch. See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : Extended From Sound Base; Earnings Below +25% Raised Concerns - 3/3/2015
View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M   Daily Graphs Online Stock Checkup

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.

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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.

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