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 - TUESDAY, MAY 7TH, 2019
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -473.39 25,965.09 -1.79% Volume 922,595,920 +15% Volume 2,376,749,250 +21%
NASDAQ -159.53 7,963.76 -1.96% Advancers 531 19% Advancers 756 25%
S&P 500 -48.42 2,884.05 -1.65% Decliners 2,300 81% Decliners 2,270 75%
Russell 2000 -32.66 1,582.31 -2.02% 52 Wk Highs 71   52 Wk Highs 69  
S&P 600 -18.30 971.02 -1.85% 52 Wk Lows 41   52 Wk Lows 59  

Breadth Very Negative With Thin Leadership as Major Indices Fell

Stocks extended losses Tuesday as investors continued to assess the latest trade updates. The S&P 500 dipped 1.7% to 2,884, its fourth decline in five trading sessions. The Dow shed 473 points to 25,965, while the Nasdaq Composite retreated nearly 2% to 7,963. The volume totals reported were higher on the NYSE and on the Nasdaq exchange, action indicative of distributional pressure from large institutional investors. Breadth was clearly negative as decliners led advancers by a 4-1 margin on the NYSE and a 3-1 margin on the Nasdaq exchange. Leadership thinned as only 9 high-ranked companies from the Leaders List hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 32 on the prior session. New 52-week highs totals contracted yet still outnumbered new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) have seen their uptrend come under pressure while market leadership (stocks hitting new highs) has recently thinned. Healthy leadership must be present for any sustained market rally, so this will be watched very closely in the days ahead. ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index has encountered distributional pressure, indicated by losses with heavier volume, since reaching a new record high last week.

U.S. equities experience their worst day since January after U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin suggested Chinese leaders reneged on prior commitments. The U.S. officials also backed President Trump’s pledge to boost existing tariffs on $200 billion of Chinese goods from 10% to 25% as early as this Friday. The Chinese delegation still plans to visit Washington later this week to continue negotiations despite the threat of levies on another $325 billion of Chinese imports. Amid the uncertainty, the CBOE Volatility Index jumped to its highest level since January.

All 11 S&P 500 sectors ended in negative territory. The Technology sector led the losses as chipmakers sold off for the second straight session. Industrials, which have served as a proxy of the trade dispute, also lagged with Boeing (BA -3.87%) falling. In earnings, insurer American Int'l Group (AIG +6.77%) offered a bright spot, rising after topping consensus estimates for the first time in six quarters.

Amid the perceived “risk-off” tone, Treasuries strengthening with the yield on the benchmark 10-year note down one basis points to 2.45%. In commodities, WTI crude fell 1.8% to $61.16/barrel.

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, Financial, Tech, and Energy-Linked Groups Fell

The Broker/Dealer Index ($XBD -1.73%), Bank Index ($BKX -2.05%), and the Retail Index ($RLX -1.76%) suffered unanimous lossesThe tech sector had a negative bias as the Biotech Index ($BTK -3.45%), Semiconductor Index ($SOX -2.42%), and the Networking Index ($NWX -1.99%) each lost considerable ground. Commodity-linked groups were mixed as the Gold & Silver Index ($XAU +1.34%) rose while the Integrated Oil Index ($XOI -0.92%) and the Oil Services Index ($OSX -2.10%) both ended the session lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX -1.99%) graph shows it pulling back and testing its 50-day moving average (DMA) line after recently rallying into record high territory.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  89.29 -1.91 -2.09% +10.78%
Integrated Oil $XOI  1,279.20 -11.83 -0.92% +10.36%
Semiconductor $SOX  1,506.32 -37.41 -2.42% +30.40%
Networking $NWX  600.16 -12.21 -1.99% +22.82%
Broker/Dealer $XBD  274.69 -4.84 -1.73% +15.74%
Retail $RLX  2,345.06 -42.02 -1.76% +20.17%
Gold & Silver $XAU  69.69 +0.92 +1.34% -1.37%
Bank $BKX  99.97 -2.10 -2.06% +16.53%
Biotech $BTK  4,621.58 -164.96 -3.45% +9.49%


Earnings News Due While Perched Near All-Time High

Globant SA (GLOB -$1.72 or -2.08% to $81.07) has been pulling back from its all-time high hit last week with recent losses backed by above average volume. It is extended from any sound base. Near-term support is at its 50-day moving average (DMA) line ($75.11) and the prior high ($74). Violations would raise concerns and trigger technical sell signals. Keep in mind that it is due to report financial results for the quarter ended March 31st, 2019 on Thursday, May 9th, 2019 after the close. Volume and volatility often increase near earnings news.

GLOB was last shown in this FSU section on 3/26/19 with an annotated graph under the headline, "Consolidating Near 50-Day Average Quietly Perched Near High". It was highlighted in yellow with pivot point cited based on its 1/30/19 high plus 10 cents in the 2/15/19 mid-day report (read here). It triggered a technical buy signal as it rallied from an advanced "3-weeks tight" base with a gain backed by +161% above average volume. Volume-driven gains for new highs in prior weeks triggered an earlier technical buy signal.

It reported Dec '18 quarterly earnings +28% on +21% sales revenues. Prior quarterly comparisons versus the year ago periods were very near or above the +25% minimum earnings guideline (C criteria). It has a strong annual earnings (A criteria) history and has a 94 Earnings Per Share Rating.

This Luxembourg-based Computer - Tech Services firm completed a Secondary Offering on 6/21/18. The number of top-rated funds owning its shares rose from 235 in Mar '18 to 347 in Mar '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness rating of A and Sponsorship Rating of B. Its small supply of 35.9 million shares outstanding (S criteria) can contribute to greater volatility in the event of institutional buying or selling.

Charts 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
MLR - NYSE
Miller Industries Inc
AUTOMOTIVE - Auto Parts  
$32.56 -1.03
-3.07%

$33.41

19,336
46.04% of 50 DAV
50 DAV is 42,000
$35.26
-7.66%
11/30/2018 $28.35 PP = $29.50
MB = $30.98
Most Recent Note - 5/7/2019 11:44:13 AM
G - Retreated near its 50 DMA line ($32.91) and recently found support after volume-driven losses. Prior low ($30.38 on 3/27/19) defines the next near-term support to watch. Due to report financial results for the quarter ended March 31, 2019 on Wednesday, May 8, 2019, after the close of the market. Volume and volatility often increase near earnings news. Reported earnings +17% on +13% sales revenues for the Dec '18 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Below 50-Day Average After Damaging Losses - 4/8/2019
 |  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  
$117.33 -3.68
-3.04%

$120.98

334,190
97.43% of 50 DAV
50 DAV is 343,000
$132.50
-11.45%
4/16/2019 $129.59 PP = $132.60
MB = $139.23
Most Recent Note - 5/7/2019 11:46:34 AM
G - Still sputtering in a tight range after it violated the prior low ($118) and tested its 200 DMA line ($111) with a damaging volume-driven loss last week following earnings news. Reported earnings +40% on +14% sales revenues for the Mar '19 quarter. A rebound above the 50 DMA line ($124) is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Line Needed - 4/23/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$200.82 -5.54
-2.68%

$206.28

628,166
137.15% of 50 DAV
50 DAV is 458,000
$237.15
-15.32%
2/14/2019 $198.10 PP = $184.85
MB = $194.09
Most Recent Note - 5/3/2019 8:02:43 PM
G - Violated its 50 DMA line ($214.71) with this week's damaging volume-driven losses after it reported earnings +14% on +9% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Violated 50-Day Moving Average Following Latest Earnings Report - 5/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FTNT - NASDAQ
Fortinet Inc
Computer Sftwr-Security  
$81.78 -3.23
-3.80%

$84.15

3,018,270
173.66% of 50 DAV
50 DAV is 1,738,000
$96.96
-15.66%
4/10/2019 $89.76 PP = $88.70
MB = $93.14
Most Recent Note - 5/7/2019 6:17:53 PM
G - Suffered a 5th consecutive loss today with above average volume, slumping toward its 200 DMA line ($79.75). A rebound above the 50 DMA line ($87.07) is needed for its outlook to improve. Weak action came after it reported earnings +39% on +18% sales revenues for the Mar '19 quarter versus the year ago period.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Cleared Flat Base and Little Resistance Remains - 4/10/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPSC - NASDAQ
S P S Commerce Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$105.89 -1.12
-1.05%

$107.55

215,239
147.42% of 50 DAV
50 DAV is 146,000
$115.00
-7.92%
3/26/2019 $107.12 PP = $113.41
MB = $119.08
Most Recent Note - 5/1/2019 7:01:31 PM
G - Posted a 3rd volume-driven gain in the span of 4 sessions but a rebound above its 50 DMA line ($105.75) is still needed for its outlook to improve. Reported earnings +54% on +13% sales revenues for the quarter ended March 31, 2019 versus the year ago period. Prior highs in the $98-100 area define important near-term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Average Line Building Base-On-Base - 5/1/2019
 |  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
SSNC - NASDAQ
S S & C Technologies
COMPUTER SOFTWARE and SERVICES - Application Software  
$58.92 -1.58
-2.61%

$59.98

1,699,669
104.72% of 50 DAV
50 DAV is 1,623,000
$67.73
-13.01%
2/15/2019 $59.73 PP = $61.07
MB = $64.12
Most Recent Note - 5/1/2019 1:44:01 PM
G - Reported earnings +72% on +170% sales revenues for the Mar '19 quarter and gapped down today violating its 50 DMA line, triggering a technical sell signal. Volume and volatility often increase near earnings news. A rebound above its 50 DMA line ($63.19) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling in Recent Weeks - 3/27/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
AUDC - NASDAQ
Audiocodes Ltd
ELECTRONICS - Scientific and Technical Instrum  
$14.43 -0.30
-2.04%

$14.69

208,019
93.70% of 50 DAV
50 DAV is 222,000
$17.44
-17.26%
3/20/2019 $13.66 PP = $15.06
MB = $15.81
Most Recent Note - 5/7/2019 11:30:48 AM
G - Slumping below its 50 DMA line ($14.52) with today's loss. Found prompt support near that important short-term average after abruptly retreating on 4/30/19. Weak action came after reporting earnings +38% on +10% sales revenues for the Mar '19 quarter, still above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Earnings News Due for Israel-Based VOIP Firm - 4/29/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$70.97 -1.64
-2.26%

$72.25

312,678
100.22% of 50 DAV
50 DAV is 312,000
$72.67
-2.34%
3/15/2019 $66.05 PP = $64.90
MB = $68.15
Most Recent Note - 5/7/2019 11:37:25 AM
G - Hovering near its all-time high, extended from any sound base. Due to report earnings news after the close on Wednesday, May 8th. Volume and volatility often increase near earnings news. The 50 DMA line ($66.46) and prior high ($64.80 on 9/14/18) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Negative Reversal After Another New High - 4/24/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$112.41 -3.63
-3.13%

$116.74

329,042
121.87% of 50 DAV
50 DAV is 270,000
$116.33
-3.37%
4/29/2019 $110.94 PP = $115.64
MB = $121.42
Most Recent Note - 5/7/2019 6:21:11 PM
Y - Pulled back today with higher volume after briefly trading above the new pivot point cited based on its 3/22/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Found prompt support at its 200 DMA line.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Moving Average Line - 4/1/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$50.91 -1.12
-2.15%

$53.45

592,512
213.90% of 50 DAV
50 DAV is 277,000
$54.56
-6.69%
4/30/2019 $51.46 PP = $53.30
MB = $55.97
Most Recent Note - 5/7/2019 12:41:48 PM
Y - Consolidating above its 50 DMA line ($50.32) and still perched within close striking distance of its pivot point. Color code was changed to yellow with new pivot point cited based on its 4/05/19 high while building on a double bottom base. Reported earnings +22% on +12% sales revenues for the Mar '19 quarter, bellow the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Two Damaging Losses Hurt Outlook - 4/17/2019
 |  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
LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$173.98 -3.71
-2.09%

$177.50

1,812,535
80.34% of 50 DAV
50 DAV is 2,256,000
$179.50
-3.08%
3/28/2019 $169.20 PP = $164.89
MB = $173.13
Most Recent Note - 5/6/2019 6:27:50 PM
G - Still quietly hovering above the "max buy" level with volume totals cooling. Prior highs define initial support to watch above its 50 DMA line ($160.31).
>>> FEATURED STOCK ARTICLE : Breakway Gap Backed by More Than 6 Times Average Volume - 3/28/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NXST - NASDAQ
Nexstar Media Group Cl A
MEDIA - Broadcasting - TV  
$110.08 -2.91
-2.58%

$114.00

604,899
105.57% of 50 DAV
50 DAV is 573,000
$119.93
-8.21%
5/1/2019 $115.33 PP = $120.03
MB = $126.03
Most Recent Note - 5/6/2019 6:39:22 PM
Y - Posted a gain today with above average volume after slumping near its 50 DMA line ($109) which defines near-term support to watch. More damaging losses would raise greater concerns. Due to report earnings results before the market opens on Wednesday, May 8, 2019. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Hitting New High and Very Extended From Prior Base - 4/4/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
RP - NASDAQ
Realpage Inc
REAL ESTATE - REIT - Diversified/Industrial  
$59.73 -3.48
-5.51%

$62.84

2,749,303
424.28% of 50 DAV
50 DAV is 648,000
$66.25
-9.84%
5/6/2019 $62.97 PP = $65.92
MB = $69.22
Most Recent Note - 5/7/2019 1:17:45 PM
G - Color code was changed to green after violating the 50 DMA line ($61.93) with today's big volume-driven loss triggering a technical sell signal. Reported earnings +8% on +16% sales revenues for the Mar '19 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns. Volume and volatility often increase near earnings news. It was highlighted in yellow with pivot point cited based on its 4/30/19 high in the 5/06/19 mid-day report perched near its 52-week high after a deep 7-month cup-with-handle shaped base. Dec '18 earnings +50% on +21% sales revenues versus the year ago period marked its 4th strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) have improved since a downturn in FY '14. Completed a new Public Offering on 5/24/18. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Latest Quarter Fell Short of Minimum Earnings Guideline - 5/6/2019
 |  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  
$342.36 -4.32
-1.25%

$347.31

696,110
90.76% of 50 DAV
50 DAV is 767,000
$359.69
-4.82%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 5/2/2019 5:33:28 PM
G - Posted a gain today after testing its 50 DMA line ($335.25).which defines important near term support above prior highs.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling in Recent Weeks While Hovering Near High - 4/26/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UBNT - NASDAQ
Ubiquiti Networks
TELECOMMUNICATIONS - Diversified Communication Serv  
$163.75 -6.77
-3.97%

$170.52

395,831
119.23% of 50 DAV
50 DAV is 332,000
$174.95
-6.40%
2/8/2019 $121.97 PP = $115.54
MB = $121.32
Most Recent Note - 5/7/2019 6:12:41 PM
G - Due to report earnings news on 5/08/19. Volume and volatility often increase near earnings news. Pulling back from its all-time high after getting very extended from any sound base. Its 50 DMA line ($155) and prior high ($148.68 on 2/27/19) define near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Bass and Wedging to New Highs - 4/12/2019
 |  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
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$47.21 -1.50
-3.08%

$48.44

420,893
68.55% of 50 DAV
50 DAV is 614,000
$48.88
-3.42%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 5/6/2019 6:37:57 PM
Y - Reported earnings +15% on +20% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Today it posted its 10th gain in the span of 11 sessions. Found support above its 50 DMA line ($45) reassuringly during the recent consolidation. Faces very little resistance due to overhead supply up to the $50 level.
>>> FEATURED STOCK ARTICLE : Perched Above Pivot Point With Earnings News Due May 3rd - 4/25/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$137.71 -4.63
-3.25%

$142.45

1,149,105
102.32% of 50 DAV
50 DAV is 1,123,000
$148.22
-7.09%
4/11/2019 $132.05 PP = $133.75
MB = $140.44
Most Recent Note - 5/6/2019 6:34:25 PM
G - Pulled back today for a loss with near average volume. Recent gains lacked great volume conviction. Prior highs in the $133-136 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Finished Strong After Featured Again in Mid-Day Report - 4/11/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$264.81 -4.94
-1.83%

$268.90

1,551,037
84.11% of 50 DAV
50 DAV is 1,844,000
$273.82
-3.29%
4/22/2019 $242.64 PP = $251.75
MB = $264.34
Most Recent Note - 5/3/2019 8:11:16 PM
G - Color code is changed to green after rallying above its "max buy" level. Bullish action was noted last week after it reported earnings +20% on +34% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising concerns, fundamentally. Prior high ($251.65 on 3/21/19) and its 50 DMA line ($244.54) define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 4/15/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$238.21 -9.63
-3.89%

$246.72

1,126,349
85.98% of 50 DAV
50 DAV is 1,310,000
$260.63
-8.60%
2/25/2019 $233.54 PP = $239.60
MB = $251.58
Most Recent Note - 5/7/2019 6:15:11 PM
G - Color code is changed to green after today's loss on below average volume violated its 50 DMA line ($242.40) raising concerns. Prior lows in the $230-231 area define the next important support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior High and 50-Day Average - 4/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$87.27 -2.48
-2.76%

$91.05

525,623
161.68% of 50 DAV
50 DAV is 325,100
$98.30
-11.22%
5/2/2019 $91.25 PP = $98.40
MB = $103.32
Most Recent Note - 5/7/2019 1:15:18 PM
Y - Encountered distributional pressure in the past week when challenging previously stubborn resistance in the $97-98 area. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. Its 50 DMA line ($84.38) defines near term support. Reported earnings +36% on +16% sales revenues for the Mar '19 quarter, continuing its strong earnings history.
>>> FEATURED STOCK ARTICLE : Rallying to Challenge Previously Stubborn Resistance - 5/2/2019
 |  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
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$201.90 -5.56
-2.68%

$208.02

821,511
137.38% of 50 DAV
50 DAV is 598,000
$208.21
-3.03%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 5/3/2019 8:14:41 PM
G - Reported earnings +25% on +30% sales revenues for the Mar '19 quarter. Rallied to new highs with 3 gains in the past 4 session backed by above average volume. It is extended from any sound base. Held its ground at its 50 DMA line ($186.91) which defines important near-term support to watch above recent lows.
>>> FEATURED STOCK ARTICLE : Paycom Software Quietly Hovering Near All-Time High - 4/16/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$108.95 -1.90
-1.71%

$110.17

6,138,171
94.30% of 50 DAV
50 DAV is 6,509,000
$113.69
-4.17%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 5/1/2019 7:13:53 PM
G - Pulled back today with light volume after hitting new all-time highs with a streak of 6 consecutive gains marked by higher volume. Very extended from any sound base and well above its 50 DMA line ($102.92) which defines support to watch. Recently reported earnings +37% on +12% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Extended From Base After Gains in Recent Weeks Lacking Volume - 4/2/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ALRM - NASDAQ
Alarm.com Holdings Inc
Security/Sfty  
$69.79 -1.35
-1.90%

$70.90

353,310
81.97% of 50 DAV
50 DAV is 431,000
$71.50
-2.39%
1/22/2019 $60.52 PP = $60.30
MB = $63.32
Most Recent Note - 5/6/2019 6:24:27 PM
G - Still holding its ground stubbornly after wedging to new highs with gains lacking great volume conviction. Due to report financial results after the market close on Thursday, May 9, 2019. Found prompt support near the 50 DMA line after it reported earnings +12% on +25% sales revenues for the Dec '18 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Following Sub Par Report - 3/29/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$74.19 +1.08
1.48%

$74.40

1,463,974
92.95% of 50 DAV
50 DAV is 1,575,000
$77.34
-4.07%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 5/3/2019 1:13:36 PM
G - Pulled back and tested support at its 50 DMA line ($68.55) today with a volume-driven loss after reporting earnings +30% on +23% sales revenues for its first quarter ended March 31, 2019. Volume and volatility often increase near earnings news. It remains very extended from any sound base.
>>> FEATURED STOCK ARTICLE : Perched Near High Very Extended From Prior Base - 4/5/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$110.67 +0.10
0.09%

$112.00

2,084,809
123.36% of 50 DAV
50 DAV is 1,690,000
$117.06
-5.46%
4/16/2019 $114.77 PP = $116.80
MB = $122.64
Most Recent Note - 5/1/2019 7:15:57 PM
G - Retreated quietly today to close just below the 50 DMA line ($109.19) after wedging higher. Recently reported earnings +133% on +38% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near High Enduring Distributional Pressure - 4/9/2019
 |  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
GLOB - NYSE
Globant SA
Computer-Tech Services  
$81.07 -1.72
-2.08%

$82.31

211,917
109.80% of 50 DAV
50 DAV is 193,000
$85.00
-4.62%
2/15/2019 $69.35 PP = $70.00
MB = $73.50
Most Recent Note - 5/7/2019 6:07:08 PM
G - Pulling back from its all-time high hit last week. Extended from any sound base. Due to report financial results for the quarter ended March 31st, 2019 on Thursday, May 9th, 2019 after the close. Volume and volatility often increase near earnings news. Near-term support is at its 50 DMA line ($75.11) and the prior high ($74). Violations would raise concerns and trigger technical sell signals. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Earnings News Due While Perched Near All-Time High - 5/7/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TTD - NASDAQ
The Trade Desk Inc Cl A
Comml Svcs-Advertising  
$217.65 -7.94
-3.52%

$225.67

1,689,526
119.99% of 50 DAV
50 DAV is 1,408,000
$232.70
-6.47%
4/22/2019 $211.03 PP = $214.80
MB = $225.54
Most Recent Note - 5/7/2019 6:19:45 PM
Y - Color code is changed to yellow after pulling back below its "max buy" level with losses on higher volume. Disciplined investors will note that gains above the pivot point did not have the volume necessary to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line ($203.72) defines initial support to watch above the prior low ($178.30 on 3/27/19). Due to report earnings news before the open on 5/09/19.
>>> FEATURED STOCK ARTICLE : Pulled Back Below "Max Buy" Level After Wedging Higher - 4/30/2019
 |  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