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AFTER MARKET UPDATE - WEDNESDAY, MAY 8TH, 2019
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Indices NYSE Nasdaq
DOW  +2.24 25,967.33 +0.01% Volume 814,716,300 -12% Volume 2,174,016,370 -9%
NASDAQ -20.44 7,943.32 -0.26% Advancers 1,302 46% Advancers 1,361 45%
S&P 500 -4.63 2,879.42 -0.16% Decliners 1,502 54% Decliners 1,662 55%
Russell 2000 -7.34 1,574.97 -0.46% 52 Wk Highs 79   52 Wk Highs 60  
S&P 600 -7.39 963.63 -0.76% 52 Wk Lows 39   52 Wk Lows 73  

Major Indices Were Little Changed While Leadership Remained Thin

Stocks finished mixed Wednesday as investors assessed the latest news surrounding U.S.-China trade relations. The Dow added 2 points, while the S&P 500 lost 0.2%, and Nasdaq Composite fell 0.3%. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange. Breadth was slightly negative as decliners led advancers by an 8-7 margin on the NYSE and on the Nasdaq exchange. There were 14 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 9 on the prior session. New 52-week highs totals outnumbered new 52-week lows on the NYSE but new lows outnumbered new highs 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 fluctuated, with investor sentiment lifted mid-day following a tweet from President Trump. His message reassured market participants that Chinese delegates are traveling to Washington to solidify a final trade pact. A prior report from Reuters had indicated Beijing backtracked on key commitments in the draft trade deal. The Industrials sector, which has recently served as a proxy of the trade dispute, finished just above the flat line but remains down 3% for the week.

In corporate news, Electronic Arts (EA +1.24%) rose after the game developer topped consensus projections. Meanwhile, U.S. Steel (X -6.15%) fell following an analyst downgrade. Intel (INTC -2.46%) fell following disappointing guidance at its Investor Day. In M&A news, Andeavor Logistics (ANDX +4.28%) rose after agreeing to be acquired by Marathon Petroleum (MPC -7.07%) for $9 billion.

Treasuries erased earlier gains to finish lower, with the yield on the 10-year note up three basis points to 2.48%. On the data front, the lone domestic update showed mortgage applications rose 2.7% in the last week after dipping 4.3% during the prior period. In commodities, WTI crude climbed 0.8% to $61.91/barrel following a surprise drawdown in U.S. inventories. COMEX gold dipped 0.3% to $1,282.20 after rising to the highest level in more than three weeks.

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, Semiconductor, and Gold & Silver Indexes Fell

The Broker/Dealer Index ($XBD -1.01%) and Bank Index ($BKX -0.65%) both lost ground while the Retail Index ($RLX -0.06%) held its groundThe tech sector was mixed as the Biotech Index ($BTK +0.11%) and the Networking Index ($NWX +0.24%) each posted a tiny gain but the Semiconductor Index ($SOX -0.79%) lost ground. Commodity-linked groups had a negative bias as the Gold & Silver Index ($XAU -1.93%) suffered a larger loss and the Oil Services Index ($OSX -0.40%) edged lower and the Integrated Oil Index ($XOI -0.04%) finished flat.

Charts courtesy of www.stockcharts.com

PICTURED: The Oil Services Index ($OSX -0.40%) graph shows it sputtering below its 50-day moving average (DMA) line again.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  88.93 -0.36 -0.40% +10.33%
Integrated Oil $XOI  1,278.62 -0.57 -0.04% +10.31%
Semiconductor $SOX  1,494.48 -11.84 -0.79% +29.37%
Networking $NWX  601.59 +1.43 +0.24% +23.11%
Broker/Dealer $XBD  271.93 -2.76 -1.01% +14.57%
Retail $RLX  2,343.69 -1.37 -0.06% +20.10%
Gold & Silver $XAU  68.34 -1.35 -1.94% -3.28%
Bank $BKX  99.33 -0.64 -0.64% +15.78%
Biotech $BTK  4,626.81 +5.23 +0.11% +9.62%


Needs Rebound Above 50-Day Average for Outlook to Improve

S S & C Technologies Holdings, Inc (SSNC -$0.02 or -0.03% to $58.90) still needs a rebound above its 50-day moving average (DMA) line ($63.12) for its outlook to improve. It halted its slide after a damaging gap down violated its 50 DMA line triggering a technical sell signal noted on 5/01/19. 

It reported earnings +72% on +170% sales revenues for the Mar '19 quarter, marking its 4th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria) and fundamentals remain strong.  SSNC was last shown in this FSU section on 3/27/19 with annotated graphs under the headline, "Hovering Near High With Volume Totals Cooling in Recent Weeks." It was highlighted in yellow with pivot point cited based on its 8/03/19 high plus 10 cents in the 2/15/19 mid-day report (read here).

Its annual earnings (A criteria) history has also been very strong. The Computer Software - Financial industry group currently has an A+ Group Relative Strength Rating, and leadership among other individual issues in the group is a reassuring sign.

The number of top-rated funds owning its shares rose from 817 in Mar '18 to 1,108 in Mar '19, a reassuring sign concerning the I criteria of the fact-based investment system. The high-ranked Computer Software - Financial firm completed new Public Offerings in April 2018 and June 2015. It proposed a Secondary Offering on 12/03/18. Secondary Offerings were previously noted 5/09/13, 3/14/13, and on 7/19/12. Such offerings can be a short-term hindrance, however new institutional owners are often attracted when a company has the help of underwriters in placing shares during offerings.

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  
$32.45 -0.11
-0.34%

$32.80

45,926
109.35% of 50 DAV
50 DAV is 42,000
$35.26
-7.97%
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  
$117.21 -0.12
-0.10%

$118.00

235,345
69.63% of 50 DAV
50 DAV is 338,000
$132.50
-11.54%
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  
$200.05 -0.77
-0.38%

$203.28

353,193
76.78% of 50 DAV
50 DAV is 460,000
$237.15
-15.64%
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  
$81.65 -0.13
-0.16%

$82.22

1,491,508
84.36% of 50 DAV
50 DAV is 1,768,000
$96.96
-15.79%
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  
$104.41 -1.48
-1.40%

$106.02

160,684
109.31% of 50 DAV
50 DAV is 147,000
$115.00
-9.21%
3/26/2019 $107.12 PP = $113.41
MB = $119.08
Most Recent Note - 5/8/2019 1:37:07 PM
G - Consolidating near its 50 DMA line ($105.49). Prior highs in the $98-100 area define important near-term support to watch. Reported earnings +54% on +13% sales revenues for the quarter ended March 31, 2019 versus the year ago period.
>>> 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  
$58.90 -0.02
-0.03%

$60.16

1,464,342
92.74% of 50 DAV
50 DAV is 1,579,000
$67.73
-13.04%
2/15/2019 $59.73 PP = $61.07
MB = $64.12
Most Recent Note - 5/8/2019 6:25:33 PM
G - A rebound above its 50 DMA line ($63.12) still is needed for its outlook to improve. Halted its slide after a damaging gap down violated its 50 DMA line triggering a technical sell signal noted on 5/01/19. Reported earnings +72% on +170% sales revenues for the Mar '19 quarter and fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Needs Rebound Above 50-Day Average for Outlook to Improve - 5/8/2019
 |  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  
$14.27 -0.16
-1.11%

$14.56

140,988
64.09% of 50 DAV
50 DAV is 220,000
$17.44
-18.18%
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  
$71.33 +0.36
0.51%

$71.73

571,922
186.29% of 50 DAV
50 DAV is 307,000
$72.67
-1.84%
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  
$110.25 -2.16
-1.92%

$112.87

215,501
79.23% of 50 DAV
50 DAV is 272,000
$116.74
-5.56%
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  
$51.81 +0.90
1.77%

$52.90

342,283
123.57% of 50 DAV
50 DAV is 277,000
$54.56
-5.04%
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  
$175.17 +1.19
0.68%

$177.00

988,339
43.58% of 50 DAV
50 DAV is 2,268,000
$179.50
-2.41%
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  
$108.33 -1.75
-1.59%

$113.00

671,833
117.66% of 50 DAV
50 DAV is 571,000
$119.93
-9.67%
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  
$58.68 -1.05
-1.76%

$60.08

811,619
119.18% of 50 DAV
50 DAV is 681,000
$66.25
-9.31%
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  
$348.15 +5.79
1.69%

$350.55

556,312
72.25% of 50 DAV
50 DAV is 770,000
$359.69
-3.21%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 5/8/2019 1:43:04 PM
G - Found support at its 50 DMA line ($338) which defines important near term support above prior highs. A violation of the 50 DMA line and recent low ($334.94) would raise concerns and trigger a technical sell signal
>>> 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  
$165.82 +2.07
1.26%

$168.67

368,147
110.89% of 50 DAV
50 DAV is 332,000
$174.95
-5.22%
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  
$46.73 -0.48
-1.02%

$47.20

1,310,940
215.26% of 50 DAV
50 DAV is 609,000
$48.88
-4.40%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 5/8/2019 12:33:03 PM
Y - Sputtering since it recently reported earnings +15% on +20% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. 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  
$136.65 -1.06
-0.77%

$140.55

952,583
84.60% of 50 DAV
50 DAV is 1,126,000
$148.22
-7.81%
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  
$265.98 +1.17
0.44%

$268.39

1,151,754
62.49% of 50 DAV
50 DAV is 1,843,000
$273.82
-2.86%
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  
$238.50 +0.29
0.12%

$241.10

745,946
57.60% of 50 DAV
50 DAV is 1,295,000
$260.63
-8.49%
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  
$87.28 +0.01
0.01%

$88.13

161,752
49.06% of 50 DAV
50 DAV is 329,700
$98.30
-11.63%
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  
$204.75 +2.85
1.41%

$206.20

548,049
90.89% of 50 DAV
50 DAV is 603,000
$208.21
-1.66%
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
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$109.07 +0.12
0.11%

$109.88

4,071,369
62.80% of 50 DAV
50 DAV is 6,483,000
$113.69
-4.06%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 5/8/2019 1:34:46 PM
G - Hovering near its all-time high, extended from any sound base. Still well above its 50 DMA line ($104.36) 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
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ALRM - NASDAQ
Alarm.com Holdings Inc
Security/Sfty  
$69.57 -0.22
-0.32%

$70.83

326,033
75.65% of 50 DAV
50 DAV is 431,000
$71.50
-2.70%
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
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PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$76.69 +2.50
3.37%

$76.97

1,567,249
100.79% of 50 DAV
50 DAV is 1,555,000
$77.34
-0.84%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 5/8/2019 6:28:34 PM
G - Posted a third consecutive gain with near average volume for a new best-ever close. It remains very extended from any sound base. Found prompt support at its 50 DMA line ($69.59) when a big volume-driven loss came after reporting earnings +30% on +23% sales revenues for its first quarter ended March 31, 2019.
>>> FEATURED STOCK ARTICLE : Perched Near High Very Extended From Prior Base - 4/5/2019
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$117.17 +6.50
5.87%

$117.45

3,568,181
209.40% of 50 DAV
50 DAV is 1,704,000
$117.06
0.09%
4/16/2019 $114.77 PP = $116.80
MB = $122.64
Most Recent Note - 5/8/2019 1:25:13 PM
Y - Today's 5th consecutive gain has it perched within close striking distance of a best-ever close and new all-time high. A strong close and gain above the pivot point backed by at least +40% above average volume may clinch a convincing technical buy signal. Color code is changed to yellow after rebounding above its 50 DMA line ($109.81). 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
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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  
$83.19 +2.12
2.62%

$84.56

248,340
128.01% of 50 DAV
50 DAV is 194,000
$85.00
-2.13%
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
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TTD - NASDAQ
The Trade Desk Inc Cl A
Comml Svcs-Advertising  
$222.11 +4.46
2.05%

$225.78

1,628,594
118.19% of 50 DAV
50 DAV is 1,378,000
$232.70
-4.55%
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
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