Concerning the M criteria, the major averages have seen less distributional pressure in recent weeks and there has remained a healthy level of leadership (stocks hitting new 52-week 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 Nasdaq Composite Index is perched near its 2015 high. It found support near its 50-day moving average (DMA) line and prior highs during its recent consolidation.

The major averages pushed higher aided by a lift in energy prices and positive earnings. Eight of the 10 sectors in the S&P 500 gained. Energy companies were up the most, in sympathy with oil prices. Exxon Mobil (XOM +1.6%) and Chevron (CVX +1.4%) rose. Intel (INTC +4.3%) and Delta Airlines (DAL +2.6%) rallied after both reported better-than-expected quarterly results. Materials were also notable gainers. United States Steel (X +5.5%) surged amid waning steel inventory builds in March.

Commodity-linked groups were the best gainers on Wednesday as the Gold & Silver Index ($XAU +3.94%), Oil Services Index ($OSX +3.95%), and the Integrated Oil Index ($XOI +2.21%) each posted large gain. The Broker/Dealer Index ($XBD +0.27%) and the Bank Index ($BKX +0.77%) both posed modest gains. The Semiconductor Index ($SOX +1.64%) outpaced the Biotechnology Index ($BTK +0.51%), meanwhile the Networking Index ($NWX -0.80%) and the Retail Index ($RLX -0.52%) both ended lower.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +0.27%) is consolidating above its 50-day moving average (DMA) line and above its Dec '14 highs.

Illumina Inc (ILMN +$2.30 or +1.22% to $190.46) tallied another quiet today. This Medical - Research Equipment/Services firm was last shown in this FSU section on 3/25/15 with annotated graphs under the headline, "Relative Strength Rating Falls While Testing 200-Day Average". It found support at its 200-day moving average (DMA) line, but while it halted its slide recent gains have lacked great volume conviction.

The company will issue results for first quarter 2015 following the close of market on Tuesday, April 21, 2015. Keep in mind that volume and volatility often increase near earnings news. Its Relative Strength rating, now 79, remains just below the 80+ minimum guideline for buy candidates. Subsequent gains above the 50 DMA line ($192.49) would help its technical stance and near-term outlook to improve.

There was a "negative reversal" after touching a new 52-week high on 1/28/15, finishing with a loss on above average volume. ILMN now faces resistance due to overhead supply up through the $213 level. It really has made no headway since highlighted in the 10/22/14 mid-day report (read here). Fundamentals remain strong as 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 1,107 in Mar '15, 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	$298.92	+0.76 0.25%	$301.76	2,260,761 64.23% of 50 DAV 50 DAV is 3,520,000	$317.72 -5.92%	12/29/2014	$260.22	PP = $272.85
								MB = $286.49
Most Recent Note - 4/10/2015 6:40:17 PM G - Found support at its 50 DMA line today. Losses leading to a damaging violation would raise more serious concerns and trigger a technical sell signal. Completed 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. >>> FEATURED STOCK ARTICLE : Pullback With Higher Volume Toward 50-Day Moving Average - 4/1/2015 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
AKAM - NASDAQ Akamai Technologies Inc INTERNET - Internet Software and Services	$71.34	+0.20 0.27%	$71.64	1,136,962 70.27% of 50 DAV 50 DAV is 1,618,000	$73.53 -2.98%	2/13/2015	$68.46	PP = $65.49
								MB = $68.76
Most Recent Note - 4/13/2015 6:14:21 PM G - Volume totals have been cooling while holding its ground near its high, a sign that few investors have headed for the exit. Its 50 DMA line and recent lows in the $68 area define near-term support to watch. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Quietly Consolidating Above 50-Day Moving Average Line - 4/13/2015 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
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$74.67	-0.20 -0.27%	$75.95	757,705 40.69% of 50 DAV 50 DAV is 1,862,000	$77.39 -3.51%	3/2/2015	$60.54	PP = $63.30
								MB = $66.47
Most Recent Note - 4/15/2015 5:56:38 PM G - Volume totals have been cooling while stubbornly holding its ground near its all-time high. Too extended to be bought under the guidelines. Prior highs near $63 define important near term support to watch along with its 50 DMA line. >>> FEATURED STOCK ARTICLE : Getting Extended After Brief Pullback - 3/30/2015 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
APOG - NASDAQ Apogee Enterprises MATERIALS and CONSTRUCTION - General Building Materials	$53.67	+0.08 0.15%	$54.44	222,700 108.63% of 50 DAV 50 DAV is 205,000	$55.01 -2.44%	4/9/2015	$49.58	PP = $48.13
								MB = $50.54
Most Recent Note - 4/15/2015 5:57:59 PM G - Stubbornly holding its ground at all-time highs after volume-driven gains, extended from its prior base. Prior highs in the $48 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Breakaway Gap Backed With 8 Times Average Volume - 4/9/2015 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
EPAM - NYSE Epam Systems Inc COMPUTER SOFTWARE and SERVICES - Information Technology Service	$67.57	+0.28 0.42%	$68.08	275,711 62.66% of 50 DAV 50 DAV is 440,000	$70.49 -4.14%	3/27/2015	$61.97	PP = $63.60
								MB = $66.78
Most Recent Note - 4/13/2015 6:18:18 PM G - Hit yet another new high with today's 8th consecutive gain, getting very extended from its prior base. Prior highs in the $63.50 area define near-term support above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Fresh Breakout Again Had Look of Institutional Demand - 4/7/2015 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
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	$82.71	-0.81 -0.97%	$83.66	22,360,212 91.44% of 50 DAV 50 DAV is 24,453,000	$86.07 -3.91%	2/20/2015	$81.79	PP = $78.47
								MB = $82.39
Most Recent Note - 4/13/2015 6:20:10 PM G - Posted a gain today with higher (near average) volume, still consolidating above prior resistance in the $82 area defining important near-term support above the 50 DMA line. >>> FEATURED STOCK ARTICLE : Pullback Near Previously Stubborn Resistance - 3/31/2015 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
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$190.46	+2.30 1.22%	$191.18	888,018 93.26% of 50 DAV 50 DAV is 952,200	$213.33 -10.72%	12/30/2014	$186.26	PP = $196.00
								MB = $205.80
Most Recent Note - 4/15/2015 5:54:37 PM G - Found support at its 200 DMA line, but gains have lacked great volume conviction. Its Relative Strength rating, now 79, remains below the 80+ minimum guideline for buy candidates. Needs gains above the 50 DMA line for its outlook to improve. Due to report earnings on Tuesday. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Earnings Report Due Next Week May Generate Volatility - 4/15/2015 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
JLL - NYSE Jones Lang Lasalle Inc REAL ESTATE - Property Management/Developmen	$165.37	-1.31 -0.79%	$167.37	253,168 83.83% of 50 DAV 50 DAV is 302,000	$172.09 -3.90%	2/3/2015	$156.95	PP = $154.66
								MB = $162.39
Most Recent Note - 4/10/2015 6:36:56 PM G - It is still extended from its prior base. The 50 DMA line ($161.88) defines the next important support level to watch. >>> FEATURED STOCK ARTICLE : Holding Ground After Rally For New Highs - 4/6/2015 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
LNKD - NYSE Linkedin Corp Class A INTERNET - Internet Information Providers	$257.19	-0.31 -0.12%	$259.99	903,637 60.28% of 50 DAV 50 DAV is 1,499,000	$276.18 -6.88%	4/10/2015	$263.45	PP = $276.28
								MB = $290.09
Most Recent Note - 4/10/2015 6:24:22 PM Y - Finished strong and near the session high today after a gap up for its 6th consecutive gain on ever increasing volume. Rebounded above its 50 DMA line, helping its technical stance improve. Found support while consolidating above prior highs in the $243 area. Color code was changed to yellow with new pivot point cited based on its 2/26/15 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helped Technical Stance - 4/10/2015 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$100.75	+2.12 2.15%	$100.98	2,388,982 64.08% of 50 DAV 50 DAV is 3,728,000	$108.50 -7.14%	4/15/2015	$100.75	PP = $108.60
								MB = $114.03
Most Recent Note - 4/15/2015 6:02:46 PM Y - Volume totals have cooled while consolidating. Color code is changed to yellow with new pivot point cited based on its 3/23/15 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. The 50 DMA line ($94.69) defines important near-term support to watch above the recent lows. >>> FEATURED STOCK ARTICLE : Pullback Following Considerable Rally of 41.9% Since Start of Year - 3/26/2015 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
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	$144.71	+0.17 0.12%	$145.55	724,542 50.92% of 50 DAV 50 DAV is 1,423,000	$150.44 -3.81%	3/27/2015	$146.44	PP = $149.45
								MB = $156.92
Most Recent Note - 4/10/2015 6:31:03 PM Y - Volume totals have been cooling while hovering near its all-time high. Its 50 DMA line and recent lows near $134 define near term support. Subsequent violations would raise concerns and trigger technical sell signals. When recently wedging to a new high (N criteria) gains were backed by sub par volume and members were cautioned - "Stocks should have at least +40% above average volume while rising above the pivot point to clinch a proper new (or add-on) technical buy signal." >>> FEATURED STOCK ARTICLE : Latest Consolidation is a Short New "Square Box" Base - 3/27/2015 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
QLYS - NASDAQ Qualys Inc Computer Sftwr-Security	$51.73	+1.15 2.27%	$52.33	436,671 96.61% of 50 DAV 50 DAV is 452,000	$54.09 -4.36%	4/8/2015	$52.04	PP = $50.10
								MB = $52.61
Most Recent Note - 4/13/2015 6:11:19 PM Y - Pulled back from its 52-week high today and its color code was changed to yellow after dipping below its "max buy" level". Prior highs near $50 define initial support to watch above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Volume Driven Gain From Flat Base Triggered New Technical Buy Signal - 4/8/2015 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
REIS - NASDAQ Reis Inc Real Estate Dvlpmt/Ops	$25.50	-0.24 -0.93%	$25.80	17,990 59.97% of 50 DAV 50 DAV is 30,000	$28.82 -11.52%	3/16/2015	$25.65	PP = $26.64
								MB = $27.97
Most Recent Note - 4/14/2015 3:54:43 PM Y - Sputtering lower with light volume today, slumping near its 50 DMA line ($25.01). Endured distributional pressure following a half-hearted rally for a new 52-week high on 3/31/15 with volume only +28% above average volume. No resistance remains due to overhead supply. Members were repeatedly reminded - "Gains above the pivot point must have at least +40% above average volume to trigger a convincing technical buy signal." >>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure Following Breakout Lacking Volume - 4/2/2015 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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$206.16	-2.78 -1.33%	$208.75	1,539,835 48.01% of 50 DAV 50 DAV is 3,207,000	$211.57 -2.56%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 4/14/2015 8:18:48 PM G - Perched at all-time highs. Stubbornly held its ground after completing a new Public Offering on 3/17/15. Earnings for Dec '14 quarter raised concerns. Recent low ($186.20 on 3/11/15) and its 50 DMA line define near-term support to watch. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Perched at All-Time High But Concerns Remain After Sub Par Quarter - 4/14/2015 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