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AFTER MARKET UPDATE - WEDNESDAY, MARCH 8TH, 2017
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -69.03 20,855.73 -0.33% Volume 1,057,206,520 +12% Volume 1,670,257,440 +2%
NASDAQ +3.62 5,837.55 +0.06% Advancers 792 27% Advancers 1,163 41%
S&P 500 -5.41 2,362.98 -0.23% Decliners 2,163 73% Decliners 1,683 59%
Russell 2000 -8.84 1,366.04 -0.64% 52 Wk Highs 42   52 Wk Highs 71  
S&P 600 -5.56 831.70 -0.66% 52 Wk Lows 70   52 Wk Lows 52  

Crude Retreated and Major Indices Ended Mixed

On Wednesday the Dow was down 69 points to 20855. The S&P 500 lost 5 points to 2362 and the Nasdaq Composite added 3 points to 5837. The volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange. Decliners led advancers by nearly 3-1 on the NYSE, but decliners led advancers by only 4-3 on the Nasdaq exchange. There were 30 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 25 on the prior session. New 52-week highs outnumbered new 52-week lows on the Nasdaq exchange, but new lows outnumbered new highs on the NYSE for the third consecutive session.

Charts used courtesy of www.stockcharts.com
PICTURED: The S&P 600 Small Cap Index slumped below its 50-day moving average (DMA) line with a streak of losses. Prior lows define the next important support level.

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 throughout the session as a decline in oil prices outweighed strong employment data. NYMEX WTI crude retreated 5.4% to $50.25/barrel, its worst daily performance in 13 months after U.S. crude inventories rose for ninth-straight week. On the data front, an ADP report showed that 298,000 workers were added to private payrolls in February, firmly above estimates of 187,000. Separately, wholesale inventories fell 0.2% in January, below expectations.

Seven of 11 sectors in the S&P 500 ended in negative territory. Energy stocks led the losses with Marathon Oil (MRO -8.66%) down. Industrials underperformed with Caterpillar (CAT -2.81%) losing amid a government report accusing the company of carrying out tax and accounting fraud. In the retail space, Urban Outfitters (URBN -2.60%) fell after quarterly revenue fell short of Street forecasts. Children’s Place (PLCE +18.27%) rallied as the company announced it was doubling its quarterly dividend. Consumer Discretionary shares advanced with H&R Block (HRB +14.88%) rising as the tax preparation firm reported a smaller-than-expected quarterly loss.

Treasuries declined after the robust employment report. The benchmark 10-year note was down 10/32 to yield 2.55%.In commodities, COMEX gold lost 0.6% to $1208.80/ounce. In FOREX, the Dollar Index gained 0.3%.

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, Semiconductor, and Retail Indexes Rose

The Broker/Dealer Index ($XBD -0.30%) edged lower while the Bank Index ($BKX +0.04%) finished flat and the Retail Index ($RLX +0.60%) posted a modest gain on WednesdayThe Biotechnology Index ($BTK +1.47%) led the tech sector while the Semiconductor Index ($SOX +0.22%) also edged higher, but the Networking Index ($NWX -0.88%) ended lower on the session. The Oil Services Index ($OSX -2.87%) and the Integrated Oil Index ($XOI -2.49%) had a solidly negative bias and the Gold & Silver Index ($XAU -0.81%) also fell.

Charts courtesy www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI -2.49%) violated its 200-day moving average (DMA) line today. It found prompt support at 200 DMA line in September, and it is likely for support to show up near that important long-term average. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  167.20 -4.94 -2.87% -9.03%
Integrated Oil $XOI  1,164.06 -29.67 -2.49% -8.20%
Semiconductor $SOX  979.00 +2.15 +0.22% +8.00%
Networking $NWX  451.81 -4.02 -0.88% +1.28%
Broker/Dealer $XBD  217.03 -0.66 -0.30% +5.72%
Retail $RLX  1,431.55 +8.47 +0.60% +6.60%
Gold & Silver $XAU  78.52 -0.64 -0.81% -0.43%
Bank $BKX  96.79 +0.04 +0.04% +5.45%
Biotech $BTK  3,561.19 +51.52 +1.47% +15.81%


Hovering Near Highs But Latest Earnings Were Below Guidelines

Veritex Holdings Inc (VBTX +$0.01 or +0.04% to $28.38) has been stubbornly holding its ground and hovering below its "max buy" level. Prior highs in the $27 area and its 50-day moving average (DMA) line ($27.52) define important near-term support where violations would trigger technical sell signals. VBTX was last shown in this FSU section on 1/23/17 with an annotated graph under the headline, "Challenged Highs But Ended in Bottom Third of Intra-day Range". 

It was highlighted in yellow with new pivot point cited based on its 12/23/16 high plus 10 cents in the 1/23/17 mid-day report (read here). However, d
isciplined investors will observe that it was noted on 1/24/17 - "Reported Dec '16 quarterly earnings +17% on +26% sales revenues, below the +25% minimum guideline (C criteria) for buy candidates, raising fundamental concerns."  The prior 12 quarterly comparisons had shown earnings increases versus the year ago period(s) well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) has been good, but it has a limited history since its Oct 2014 IPO at $13. 

The number of top-rated funds owning its shares rose from 18 in Jun '15 to 135 in Dec '16. Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under only slight accumulation over the past 50 days (I criteria). Its small supply of only 10.2 million shares (S criteria) in the public float can contribute to greater volatility in the event of institutional buying or 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
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$101.45 -2.56
-2.46%

$105.00

1,906,529
338.64% of 50 DAV
50 DAV is 563,000
$115.74
-12.35%
1/24/2017 $100.52 PP = $108.45
MB = $113.87
Most Recent Note - 3/8/2017 12:56:45 PM
G - Triggered technical sell signals as it violated prior highs in the $108 area and also undercut its 50 DMA line ($105.67). Only a prompt rebound above the 50 DMA line would help its outlook improve. Reported earnings +27% on +63% sales revenues for the Jan '17 quarter, continuing its strong earnings track record.
>>> 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  
$23.50 -0.20
-0.84%

$23.99

402,308
108.15% of 50 DAV
50 DAV is 372,000
$25.13
-6.49%
2/13/2017 $24.84 PP = $23.10
MB = $24.26
Most Recent Note - 3/6/2017 7:07:31 PM
Y - Still holding its ground above its pivot point, consolidating after its gap up and big volume-driven gain on 2/13/17 clinched a technical buy signal. Completed a new Public Offering on 2/15/17. Prior highs and its 50 DMA line in the $23 area define important near-term 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  
$25.36 -0.06
-0.24%

$25.83

252,924
92.65% of 50 DAV
50 DAV is 273,000
$26.30
-3.57%
10/10/2016 $18.20 PP = $18.37
MB = $19.29
Most Recent Note - 3/6/2017 6:54:39 PM
G - Consolidating above its 50 DMA line ($25). 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  
$18.80 -0.05
-0.27%

$19.05

38,265
71.93% of 50 DAV
50 DAV is 53,200
$23.00
-18.26%
11/23/2016 $19.35 PP = $18.26
MB = $19.17
Most Recent Note - 3/6/2017 7:01:23 PM
G - Consolidating below its 50 DMA line ($19.55). Its Relative Strength rating of 64 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 an 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  
$87.35 +0.45
0.52%

$88.50

146,903
97.29% of 50 DAV
50 DAV is 151,000
$87.10
0.29%
2/14/2017 $84.30 PP = $82.28
MB = $86.39
Most Recent Note - 3/8/2017 6:00:14 PM
G - Hit another new 52-week high today, getting more extended from prior highs. 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  
$49.89 +0.41
0.83%

$49.92

1,100,224
94.37% of 50 DAV
50 DAV is 1,165,900
$52.97
-5.81%
11/30/2016 $50.26 PP = $46.47
MB = $48.79
Most Recent Note - 3/6/2017 6:53:43 PM
G - Relative Strength Rating is 82, just above 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  
$80.70 -0.30
-0.37%

$82.45

192,752
46.00% of 50 DAV
50 DAV is 419,000
$82.29
-1.93%
1/5/2017 $71.40 PP = $72.07
MB = $75.67
Most Recent Note - 3/6/2017 6:56:37 PM
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  
$291.44 -0.64
-0.22%

$296.50

848,422
74.75% of 50 DAV
50 DAV is 1,135,000
$308.66
-5.58%
2/10/2017 $259.30 PP = $272.68
MB = $286.31
Most Recent Note - 3/8/2017 5:47:26 PM
G - Extended from its prior base and consolidating following a big "breakaway gap" on 2/16/17. Prior highs in the $272 area define initial support to watch above its 50 DMA line.
>>> 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  
$127.15 -0.40
-0.31%

$128.75

193,474
80.95% of 50 DAV
50 DAV is 239,000
$136.00
-6.51%
2/16/2017 $129.45 PP = $123.85
MB = $130.04
Most Recent Note - 3/8/2017 5:50:53 PM
Y - Found prompt support at its 50 DMA line ($122) and its color code is changed to yellow while consolidating above its pivot point yet below its "max buy" level. Deterioration below the recent low ($120.11 on 3/02/17) would trigger a more worrisome technical sell signal.
>>> 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  
$57.98 -0.35
-0.60%

$59.00

178,100
140.24% of 50 DAV
50 DAV is 127,000
$60.92
-4.83%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 3/6/2017 6:58:53 PM
G - Pulled back from its all-time high with another loss today backed by above average volume. The recent low ($53.12 on 2/15/17) and its 50 DMA line ($53.12) coincide defining 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  
$25.50 -0.05
-0.20%

$25.75

220,102
72.64% of 50 DAV
50 DAV is 303,000
$27.30
-6.59%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 3/6/2017 6:52:43 PM
G - Hovering near its "max buy" level with volume totals cooling. Prior highs in the $24 area and its 50 DMA line ($23.58) 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 
ULTA - NASDAQ
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$275.47 +5.55
2.06%

$275.86

817,509
145.46% of 50 DAV
50 DAV is 562,000
$281.17
-2.03%
3/6/2017 $274.96 PP = $278.73
MB = $292.67
Most Recent Note - 3/7/2017 4:52:55 PM
Y - Encountering distributional pressure on the past 2 sessions while pulling back near its 50 DMA line ($268.24). Highlighted in yellow in the 3/06/17 mid-day report with new pivot point cited based on its 8/24/16 high plus 10 cents. Perched at its all-time high, it was noted - "A volume-driven gain for new highs may trigger a new technical buy signal. Due to report Jan '17 quarterly earnings on 3/09/17, and volume and volatility often increase near earnings news. Reported earnings +26% on +24% sales revenues for the Oct '16 quarter. Prior earnings history satisfied the C and A criteria." See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Earnings News Due as Good Looking Candidate Hovers Near Highs - 3/6/2017
 |  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  
$75.20 -1.40
-1.83%

$77.25

301,252
259.70% of 50 DAV
50 DAV is 116,000
$86.10
-12.66%
11/29/2016 $72.45 PP = $69.63
MB = $73.11
Most Recent Note - 3/8/2017 12:49:31 PM
G - Violating prior lows in the $76 area triggering a more worrisome technical sell signal. Proposed a new Public Offering and gapped down on the prior session undercutting its 50 DMA line. Earnings +14% on +30% sales revenues for the Dec '16 quarter have been noted as 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  
$34.81 -0.23
-0.66%

$35.38

326,359
51.64% of 50 DAV
50 DAV is 632,000
$38.10
-8.64%
1/25/2017 $34.09 PP = $34.04
MB = $35.74
Most Recent Note - 3/7/2017 4:46:27 PM
Y - Consolidating below its "max buy" level, staying above its 50 DMA line and prior highs defining important near-term support in the $33-34 area. Subsequent losses leading to violations may trigger technical sell signals.
>>> 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  
$123.53 +2.45
2.02%

$125.00

1,428,119
170.83% of 50 DAV
50 DAV is 836,000
$123.12
0.33%
3/6/2017 $119.43 PP = $123.22
MB = $129.38
Most Recent Note - 3/8/2017 11:57:49 AM
Y - Touched a new high today then reversed into the red. Hovered near its all-time high and formed an advanced "3-weeks tight" base pattern while holding its ground stubbornly following a big "breakaway gap" on 2/17/17. Color code was changed to yellow with new pivot point cited based on its 2/21/17 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal.
>>> 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 
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  
$28.38 +0.01
0.04%

$28.88

55,476
63.04% of 50 DAV
50 DAV is 88,000
$29.43
-3.57%
1/23/2017 $27.30 PP = $27.87
MB = $29.26
Most Recent Note - 3/8/2017 5:53:20 PM
Y - Still hovering near its all-time high. Prior highs in the $27 area and its 50 DMA line ($27.52) define important near-term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Hovering Near Highs But Latest Earnings Were Below Guidelines - 3/8/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$49.25 +0.35
0.72%

$49.50

135,252
90.77% of 50 DAV
50 DAV is 149,000
$50.05
-1.60%
2/27/2017 $44.83 PP = $44.40
MB = $46.62
Most Recent Note - 3/6/2017 7:00:23 PM
G - Stubbornly holding its ground after an impressive streak of volume-driven gains, 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).
>>> 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  
$40.42 -0.79
-1.92%

$41.83

193,071
112.91% of 50 DAV
50 DAV is 171,000
$42.66
-5.25%
7/19/2016 $26.64 PP = $26.41
MB = $27.73
Most Recent Note - 3/6/2017 7:08:39 PM
G - Still holding its ground stubbornly and perched near 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 ($39.45) 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  
$70.20 -1.07
-1.50%

$72.30

188,995
128.57% of 50 DAV
50 DAV is 147,000
$79.94
-12.18%
2/27/2017 $68.69 PP = $69.94
MB = $73.44
Most Recent Note - 3/8/2017 5:58:44 PM
Y - Closed near the session low with a loss today on higher slightly volume. Stalled after its gap up for new all-time highs on 3/01/17. 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  
$56.60 -0.04
-0.07%

$57.25

407,623
73.05% of 50 DAV
50 DAV is 558,000
$59.63
-5.08%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 3/7/2017 4:49:30 PM

Y - Consolidating above its 50 DMA line ($55.88) which has recently acted as a support level while encountering distributional pressure. 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 
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
LITE - NASDAQ
Lumentum Holdings Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$45.50 -1.00
-2.15%

$46.95

1,091,755
77.87% of 50 DAV
50 DAV is 1,402,000
$53.70
-15.26%
2/8/2017 $44.60 PP = $44.80
MB = $47.04
Most Recent Note - 3/8/2017 5:56:24 PM
Y - Consolidating near prior highs in the $44-45 area defining important support to watch. Subsequent damaging losses would raise concerns and trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Gap Up Gain and Strong Finish Triggered Technical Buy Signal - 2/8/2017
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LCII - NYSE
L C I Industries
MATERIALS and CONSTRUCTION - General Building Materials  
$107.65 -2.40
-2.18%

$110.80

167,728
106.83% of 50 DAV
50 DAV is 157,000
$117.15
-8.11%
11/29/2016 $106.29 PP = $101.00
MB = $106.05
Most Recent Note - 3/6/2017 7:03:23 PM
G - Quietly consolidating near its 50 DMA line ($110). Deterioration below the 50 DMA line and below the 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
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MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$34.19 +4.19
13.97%

$34.35

14,874,344
687.35% of 50 DAV
50 DAV is 2,164,000
$30.22
13.14%
3/7/2017 $29.71 PP = $27.83
MB = $29.22
Most Recent Note - 3/8/2017 12:40:03 PM
G - Color code was changed to green after getting very extended from prior highs. Finished strong with 11 times average volume behind its gain after big "breakaway gap" on the prior session clearing a cup-with-handle base. Prior highs in the $27-28 area define initial support to watch on pullbacks. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Breakaway Gap Followed Very Strong Earnings Report - 3/7/2017
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