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AFTER MARKET UPDATE - TUESDAY, APRIL 28TH, 2015
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Indices NYSE Nasdaq
DOW  +72.17 18,110.14 +0.40% Volume 767,419,200 -2% Volume 1,879,384,110 -6%
NASDAQ -4.83 5,055.42 -0.10% Advancers 1,918 60% Advancers 1,756 58%
S&P 500 +5.84 2,114.76 +0.28% Decliners 1,123 35% Decliners 1,187 39%
Russell 2000 +6.66 1,259.36 +0.53% 52 Wk Highs 60   52 Wk Highs 66  
S&P 600 +4.61 724.39 +0.64% 52 Wk Lows 16   52 Wk Lows 41  

Breadth Positive But Leadership Waned as Indices Ended Mixed

Stocks finished mixed on Tuesday. The Dow gained 72 points to 18,110. The S&P 500 advanced 5 points to 2,114. Tuesday's volume totals were reported lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by a 3-2 margin on the Nasdaq exchange and on the NYSE.  Leadership contracted as there were only 23 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from the prior session total of 51 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 7 of the 13 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, the major averages have overcome recent distributional pressure and leadership (stocks hitting new 52-week highs) has remained healthy, helping the rally continue. 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 bucked the trend on Tuesday and closed 4 points lower to 5,055. It ended near the session high after a "negative reversal" on the prior session at all-time highs.

The major averages fluctuated as investors weighed profit tallies as the Federal Reserve meets. Nine of the 10 S&P 500 sectors were in positive territory. Health care was a relative outperformer. Merck (MRK +5.04%) rose on positive quarterly results and Mylan (MYL +1.38%) recovered. Telecom was up the most, as AT&T (T +2.26%) rose. However, The Container Store (TCS -14.20%) tumbled and Coach (COH -6.33%) sank after both missed analyst earnings projections. Whirlpool (WHR -7.14%) weighed on consumer discretionary stocks after missing quarterly expectations.

Economic data was light as consumer confidence in April fell, but home prices in February notched a slight gain.

Treasuries extended losses amid a $35 billion auction of five-year securities. The 10-year note lost 20/32 to yield 1.99%. The Fed will conclude its two-day policy meeting on Wednesday and Bloomberg places a 50% probability of the Fed Funds rate reaching 0.25% by their June meeting.

In commodities, WTI crude finished little changed at $56.99/barrel and COMEX gold rose +0.9% to $1,214.00/ounce. In FOREX, the dollar lost -0.6% with the euro up +0.8% to $1.0977/EUR and the yen 0.2% stronger to ¥118.86/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.


Financials and Gold & Silver Index Rose

The tech sector was mixed as the Biotechnology Index ($BTK -1.47%) fell while the Semiconductor Index ($SOX +0.02%) finished flat and the Networking Index ($NWX +1.09%) rallied.  The Retail Index ($RLX -0.68%) suffered a modest loss, however financials helped give the major averages a boost as the Bank Index ($BKX +0.95%) and the Broker/Dealer Index ($XBD +1.07%) both posted solid gains.  Energy-related shares were mixed as the Oil Services Index ($OSX -0.28%) edged lower and the Integrated Oil Index ($XOI +0.44%) posted a small gain.

Charts courtesy www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU +3.40%) was a standout gainer on Tuesday's session.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  213.54 -0.61 -0.28% +1.27%
Integrated Oil $XOI  1,436.37 +6.24 +0.44% +6.55%
Semiconductor $SOX  696.24 +0.13 +0.02% +1.36%
Networking $NWX  386.40 +4.18 +1.09% +7.95%
Broker/Dealer $XBD  193.41 +2.05 +1.07% +4.75%
Retail $RLX  1,144.47 -7.89 -0.68% +10.82%
Gold & Silver $XAU  74.12 +2.44 +3.40% +7.76%
Bank $BKX  73.28 +0.69 +0.95% -1.32%
Biotech $BTK  3,878.37 -57.68 -1.47% +12.77%


Consolidating Following Latest Volume-Driven Breakout

Epam Systems Inc (EPAM +$2.02 or +3.11% to $66.91) rallied with below average volume and finished the session back above its "max buy" level.  Prior highs in the $63.50 area define near-term support above its 50-day moving average (DMA) line ($62.53). Subsequent violations would raise concerns and trigger technical sell signals.

EPAM is due to report first-quarter 2015 results after the market closes on Wednesday, May 6, 2015. Keep in mind that volume and volatility often increase near earnings news. Its last appearance in the FSU section was on 4/07/15  with annotated graphs under the headline, "Fresh Breakout Again Had Look of Institutional Demand". On 3/27/15 a new pivot point had been cited based on its 2/27/15 high plus 10 cents, as a new base of sufficient length had formed.

The high-ranked Computer - Tech Services firm reported Dec '14 earnings +29% on +28% sales revenues. Its 5 consecutive quarters with earnings above the +25% guideline makes it a solid match concerning the C criteria. Annual earnings growth (A criteria) has been strong. Its Relative Strength rating of 97 is now well above the 80+ minimum guideline for buy candidates. Its Relative Strength line (the jagged blue line) has also been hitting new all-time highs.

It completed Secondary Offerings 8/30/13 and 9/17/13. Its Up/Down Volume ratio of 2.3 is an unbiased indication its shares have been under accumulation over the past 50 days. The number of top-rated funds owning its shares rose from 254 in Dec '13 to 339 Mar '15, a reassuring sign concerning the I criteria. Its small supply of only 37.1 million shares (S criteria) in the pubic float can contribute to greater volatility in the event of institutional buying or selling.


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
AKAM - NASDAQ
Akamai Technologies Inc
INTERNET - Internet Software and Services  
$76.07 -0.97
-1.26%

$77.31

2,683,337
183.54% of 50 DAV
50 DAV is 1,462,000
$77.28
-1.57%
4/20/2015 $73.53 PP = $73.63
MB = $77.31
Most Recent Note - 4/28/2015 6:12:44 PM
Y - Pulled back today with higher volume. Reported earnings +5% on +16% sales revenues for the Mar '15 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Members were recently cautioned as it did not produce gains above the pivot point backed by at least the +40% above average volume necessary to trigger a new (or add-on) technical buy signal. Its 50 DMA line defines near-term support to watch.
>>> 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   Daily Graphs Online Stock Checkup
AMBA - NASDAQ
Ambarella Inc
ELECTRONICS - Semiconductor - Specialized  
$72.01 +1.38
1.95%

$72.17

1,239,374
70.66% of 50 DAV
50 DAV is 1,754,000
$77.39
-6.95%
3/2/2015 $60.54 PP = $63.30
MB = $66.47
Most Recent Note - 4/27/2015 6:32:08 PM
G - It still has not formed a sound new base of sufficient length. Consolidating above its 50 DMA line ($67.66) and recent low ($64.55 on 3/26/15) defining important near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched at All-Time High, Extended From Prior Base - 4/20/2015
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
APOG - NASDAQ
Apogee Enterprises
MATERIALS and CONSTRUCTION - General Building Materials  
$53.36 +0.28
0.53%

$54.54

323,987
146.60% of 50 DAV
50 DAV is 221,000
$55.01
-3.00%
4/9/2015 $49.58 PP = $48.13
MB = $50.54
Most Recent Note - 4/27/2015 6:29:06 PM
G - Ended with a loss on above average volume after erasing an early gain today. It is 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   Daily Graphs Online Stock Checkup
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$66.91 +2.02
3.11%

$67.09

327,027
76.59% of 50 DAV
50 DAV is 427,000
$70.49
-5.08%
3/27/2015 $61.97 PP = $63.60
MB = $66.78
Most Recent Note - 4/28/2015 6:04:05 PM
G - Color code is changed to green after rebounding back above its "max buy" level with today's gain on below average volume. Prior highs in the $63.50 area define near-term support above its 50 DMA line ($62.53). See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : Consolidating Following Latest Volume-Driven Breakout - 4/28/2015
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
FB - NASDAQ
Facebook Inc Cl A
INTERNET  
$80.68 -1.23
-1.50%

$81.90

23,733,881
90.05% of 50 DAV
50 DAV is 26,356,600
$86.07
-6.26%
2/20/2015 $81.79 PP = $78.47
MB = $82.39
Most Recent Note - 4/27/2015 6:12:54 PM
G - Recently reported earnings +20% on +42% sales revenues for the Mar '15 quarter, below the +25% minimum earnings guideline (C criteria) of the fact-based investment system, raising concerns. Consolidating above its 50 DMA line ($81.00) where a subsequent violation would trigger a technical sell signal.
>>> FEATURED STOCK ARTICLE : Rebounded Above "Max Buy" Level After Pullback Near 50 Day Average - 4/21/2015
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
GSBC - NASDAQ
Great Southern Bancorp
BANKING - Savings and Loans  
$41.23 +1.06
2.64%

$41.41

49,827
146.55% of 50 DAV
50 DAV is 34,000
$41.00
0.56%
4/27/2015 $40.94 PP = $40.54
MB = $42.57
Most Recent Note - 4/27/2015 12:38:38 PM
Y - Color code is changed to yellow with a pivot point based on its 2/06/15 high plus 10 cents. Hitting a new 52-week high with today's 4th consecutive gain on ever-increasing volume. A strong finish may clinch a technical buy signal. Found support recently near its 50 DMA line. Earnings increases were above the +25% minimum guideline (C criteria) in the 3 latest quarterly comparisons through Mar '15. Annual earnings (A criteria) have not been strong and steady.
>>> FEATURED STOCK ARTICLE : Distributional Action Today and Annual Earnings History a Concerrn - 4/27/2015
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
JLL - NYSE
Jones Lang Lasalle Inc
REAL ESTATE - Property Management/Developmen  
$171.52 +5.47
3.29%

$174.83

590,641
229.82% of 50 DAV
50 DAV is 257,000
$172.09
-0.33%
2/3/2015 $156.95 PP = $154.66
MB = $162.39
Most Recent Note - 4/28/2015 6:08:28 PM
G - Gapped up and rallied for a best-ever close today, hitting a new all-time high. Earnings rose +147% on +15% sales revenues for the Mar '15 quarter. It has not formed a sound base of sufficient length.
>>> FEATURED STOCK ARTICLE : Found Support Again at 50-Day Moving Average Line - 4/24/2015
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
LNKD - NYSE
Linkedin Corp Class A
INTERNET - Internet Information Providers  
$257.34 -2.95
-1.13%

$262.52

1,551,137
130.57% of 50 DAV
50 DAV is 1,188,000
$276.18
-6.82%
4/10/2015 $263.45 PP = $276.28
MB = $290.09
Most Recent Note - 4/24/2015 7:00:29 PM
G - Posted a gain today with near average volume and finished near its 50 DMA line ($260.99) which has been acting as resistance. A convincing rebound above that important short-term average would help its outlook to improve.
>>> 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   Daily Graphs Online Stock Checkup
NXPI - NASDAQ
Nxp Semiconductors N V
ELECTRONICS - Semiconductor - Broad Line  
$96.22 -0.71
-0.73%

$97.39

3,285,663
93.80% of 50 DAV
50 DAV is 3,503,000
$108.50
-11.32%
4/15/2015 $100.75 PP = $108.60
MB = $114.03
Most Recent Note - 4/24/2015 1:15:17 PM
G - Violating its 50 DMA line with today's loss raising concerns and its color code is changed to green. Its prior low ($93.05 on 3/26/15) defines the next important chart support level where a damaging violation may raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Forming New Base Above 50-Day Moving Average Line - 4/16/2015
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
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$153.28 -0.55
-0.36%

$155.34

900,936
61.54% of 50 DAV
50 DAV is 1,464,000
$158.24
-3.13%
3/27/2015 $146.44 PP = $149.45
MB = $156.92
Most Recent Note - 4/27/2015 6:37:13 PM
Y - Touched a new high today then reversed into the red. Held its ground since triggering a new technical buy signal with a volume-driven gain on 4/21/15. Prior highs near $150 define initial support above its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line - 4/17/2015
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
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$52.70 -0.12
-0.23%

$53.41

327,764
77.67% of 50 DAV
50 DAV is 422,000
$54.89
-3.99%
4/8/2015 $52.04 PP = $50.10
MB = $52.61
Most Recent Note - 4/27/2015 6:38:48 PM
G - Holding its ground stubbornly after rallying back above its "max buy" level. When consolidating it found support near prior highs in the $50 area and well 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   Daily Graphs Online Stock Checkup
REIS - NASDAQ
Reis Inc
Real Estate Dvlpmt/Ops  
$25.81 +1.01
4.07%

$25.81

27,244
93.94% of 50 DAV
50 DAV is 29,000
$28.82
-10.44%
3/16/2015 $25.65 PP = $26.64
MB = $27.97
Most Recent Note - 4/28/2015 6:06:40 PM
Y - Promptly rebounded above its 50 DMA line and its color code is changed to yellow. After featured on 3/16/15 is did not produce a gain above the pivot point backed by at least +40% above average volume to trigger a convincing technical buy signal. Due to report earnings on the morning of Thursday, April 30, 2015. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Finding Support at 50-Day Moving Average - 4/23/2015
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
VRX - NYSE
Valeant Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$205.46 +3.44
1.70%

$206.65

3,268,436
105.20% of 50 DAV
50 DAV is 3,107,000
$211.97
-3.07%
1/5/2015 $144.84 PP = $149.90
MB = $157.40
Most Recent Note - 4/27/2015 6:10:02 PM
G - Finished at the session low today with a big loss on near average volume while slumping near its 50 DMA line. Completed 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 ($199.05) define near-term support to watch.
>>> 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   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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