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 - WEDNESDAY, MAY 23RD, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +52.40 24,886.81 +0.21% Volume 811,573,490 -1% Volume 1,995,918,380 +6%
NASDAQ +47.50 7,425.96 +0.64% Advancers 1,528 52% Advancers 1,529 54%
S&P 500 +8.85 2,733.29 +0.32% Decliners 1,403 48% Decliners 1,298 46%
Russell 2000 +2.37 1,627.61 +0.15% 52 Wk Highs 36   52 Wk Highs 91  
S&P 600 +1.26 1,004.67 +0.13% 52 Wk Lows 55   52 Wk Lows 48  

Indices Posted Small Gains as Leadership Contracted

Stocks finished slightly higher Wednesday. The Dow added 52 points to 24886 while the S&P 500 was up 8 points to 2733. The Nasdaq Composite advanced 47 points to 7425. Volume totals reported were mixed, lighter than the prior session total on the NYSE yet higher on the Nasdaq exchange. Advancers narrowly led decliners on the NYSE and on the Nasdaq exchange. There were 34 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, down from the total of 70 on the prior session. New 52-week highs outnumbered new 52-week lows on the Nasdaq exchange, but new lows outnumbered new highs on the NYSE. The major indices (M criteria) remain in a confirmed rally with healthy leadership (stocks hitting new highs) continuing to underpin the market. New buying efforts are justified only when all key criteria of the fact-based investment system are satisfied. ThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average is -6.5% off its record high hit on January 26th. It found support above its 200-day moving average (DMA) line.

The major averages rebourded from early session lows to finish in positive territory following the release of the minutes from the Fed’s May meeting. In the statement, the central bank indicated it is willing to let inflation “run above the two percent target for a temporary period” but hinted a June rate hike was imminent. Trade concerns provided a market headwind as President Trump suggested this morning that a deal with China may be "too hard to get done." On the data front, preliminary readings on U.S. services and manufacturing activity in May both topped expectations.

Consumer Discretionary stocks provided a market tailwind as Lowe’s (LOW +10.43%) released a positive quarterly report along with Tiffany & Co. (TIF +23.29%) which had a big "breakaway gap" for a new all-time high. Conversely, Target (TGT -5.70%) fell after missing consensus earnings expectations. General Electric (GE -7.26%) suffered its largest daily decline since 2009 after its CEO revealed he anticipated no profit growth in its power business.

Treasuries strengthened along the curve as the yield on the benchmark 10-year note fell seven basis points to 2.99%. In commodities, WTI crude declined 0.7% to $71.73. In, FOREX trading the U.S. Dollar Index added 0.4% against its peers.

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, Gold & Silver, and Tech Indexes Rose

On Wednesday the Retail Index ($RLX +1.57%) was a standout gainer while the Bank Index ($BKX -0.67%) and the Broker/Dealer Index ($XBD -0.46%) both ended modestly lower. The tech sector had a positive bias as the Semiconductor Index ($SOX +0.51%), Biotech Index ($BTK +0.33%), and the Networking Index ($NWX +0.38%) each posted a small gain. The Oil Services Index ($OSX -0.73%) and the Integrated Oil Index ($XOI -0.64%) both lost ground while the Gold & Silver Index ($XAU +1.21%) posted a solid gain.

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -0.46%) is perched near its record high.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  165.70 -1.23 -0.74% +10.80%
Integrated Oil $XOI  1,554.39 -10.07 -0.64% +16.39%
Semiconductor $SOX  1,373.95 +6.98 +0.51% +9.65%
Networking $NWX  535.40 +2.02 +0.38% +9.15%
Broker/Dealer $XBD  297.05 -1.37 -0.46% +11.99%
Retail $RLX  2,083.76 +32.16 +1.57% +20.19%
Gold & Silver $XAU  83.15 +0.99 +1.20% -2.49%
Bank $BKX  110.13 -0.75 -0.68% +3.20%
Biotech $BTK  4,675.35 +15.44 +0.33% +10.73%


Bank Perched Near High After Orderly Base

Live Oak Bancshares Inc (LOB -$0.30 or -1.01% to $29.45) has been highlighted in yellow again with a new pivot point cited based on its 3/21/18 high plus 10 cents. Subsequent volume-driven gains for a new high may trigger a technical buy signal. Volume totals have been mostly below average while consolidating above its 50 DMA line ($28.65). Prior lows in the $26-27 area define important near term support.

The Wilmington, NC - based banking company recently reported earnings +63% on +42% for the Mar '18 quarter. It hadvery strong sales revenues and earnings increases for the Sep and Dec '17 quarters. Prior quarterly and annual earnings (C and A criteria) history is a good match with the fact-based investment system's guidelines.

LOB was highlighted in yellow with pivot point cited based on its 1/25/18 high plus 10 cents in the 3/16/18 mid-day report (read here). It was last shown with an annotated graph in this FSU section on 4/16/18 under the headline, "Tested Support at 50-Day Moving Average After Breakout".

It completed a new Public Offering on 8/09/17. The number of top-rated funds owning its shares rose from 140 in Mar '17 to 196 in Mar '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.7 is an unbiased indication its shares have been under accumulation over the past 50 days. There are only 40.0 million shares outstanding (S criteria). It has earned a Timeliness Rating of A and Sponsorship rating of C.
Charts used 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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.30 +0.15
0.99%

$15.35

46,992
79.65% of 50 DAV
50 DAV is 59,000
$15.55
-1.61%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 5/21/2018 5:01:14 PM

Y - Color code was changed to yellow with pivot point cited based on prior highs plus 10 cents. Hit a new 52-week high with today's big gain backed by +60% above average volume. Found support above its 200 DMA line during its long and orderly consolidation. Reported earnings +69% on +15% sales revenues for the Mar '18 quarter, its 5th consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). Annual earnings history has been a good match with the fact-based investment system's guidelines (A criteria). See the latest FSU analysis for more details and a new annotated graph.


>>> FEATURED STOCK ARTICLE : Hit New High Today After Orderly Consolidation - 5/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PFBC - NASDAQ
Preferred Bank Los Angls
BANKING - Regional - Pacific Banks  
$65.89 +0.08
0.12%

$66.70

85,698
101.06% of 50 DAV
50 DAV is 84,800
$67.65
-2.60%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 5/21/2018 3:53:43 PM
Y - Rising near its 50 DMA line ($64.60) with today's gain backed by below average volume. Gain above the 50 DMA line are needed for its outlook to improve. Its Relative Strength rating has slumped below the 80+ minimum guideline to 66, yet it remains only -4.9% off its high. Despite concerns its color code was changed to yellow with new pivot point cited based on its 1/22/18 high plus 10 cents. Subsequent gains above the pivot point are needed to trigger a technical buy signal. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Some Technical Sputtering Yet Bank is Still Only -7% Off High - 5/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$323.70 -0.61
-0.19%

$324.47

436,322
54.40% of 50 DAV
50 DAV is 802,000
$327.91
-1.28%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 5/22/2018 5:33:00 PM
G - Still stubbornly holding its ground and quietly edging higher. Very extended from any sound base after a big "breakaway gap" for a new high was noted on 4/27/18. Fundamentals are strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Wedging Higher Following Big Breakaway Gap - 5/22/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$124.29 +0.86
0.70%

$124.29

140,194
46.27% of 50 DAV
50 DAV is 303,000
$131.75
-5.66%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 5/21/2018 3:35:47 PM
Y - Following a breakout marked by 3 consecutive volume-driven gains it is quietly consolidating near the prior high ($125.88 on 3/13/18). Additional near-term support is defined by prior highs in the $119 area and its 50 DMA line ($117.67).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Challenged Prior High Following Earnings - 5/9/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services  
$192.99 +1.37
0.71%

$193.00

2,449,937
63.06% of 50 DAV
50 DAV is 3,885,000
$194.72
-0.89%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 5/23/2018 4:30:22 PM
Y - Volume totals have been cooling in recent weeks while stubbornly holding its ground near its "max buy" level and all-time high. Tallied an impressive streak of gains since breaking out on 5/02/18 from a riskier "late stage" base. Prior highs in the $183 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Gap Up and Volume Driven Gain for New High After Earnings - 5/2/2018
 |  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
V - NYSE
Visa Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services  
$131.88 +1.17
0.90%

$131.91

6,547,762
84.75% of 50 DAV
50 DAV is 7,726,000
$132.50
-0.47%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 5/23/2018 4:36:24 PM
Y - Stubbornly and quietly holding its ground in a tight range near its all-time high. Reported earnings +29% on +13% sales revenues for the Mar '18 quarter, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain For New High Triggered Technical Buy Signal - 4/26/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
FINANCIAL SERVICES - Diversified Investments  
$691.95 +5.17
0.75%

$692.90

12,005
66.69% of 50 DAV
50 DAV is 18,000
$707.00
-2.13%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 5/21/2018 3:55:03 PM
G - Hitting another new all-time high today, very extended from the prior base. Prior highs in the $569-552 area define initial support to watch along with its 50 DMA line ($560).
>>> FEATURED STOCK ARTICLE : Perched Near Prior High After Showing Resilience - 4/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
STMP - NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services  
$248.15 +2.00
0.81%

$249.20

196,381
63.55% of 50 DAV
50 DAV is 309,000
$252.00
-1.53%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 5/23/2018 4:34:32 PM
G - Stubbornly holding its ground in a tight range with volume totals cooling while perched at its all-time high. Extended from prior highs in the $233 area which define initial support above its 50 DMA line ($220).
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain For New High - 5/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
CHDN - NASDAQ
Churchill Downs Inc
LEISURE - Gaming Activities  
$308.75 -0.40
-0.13%

$309.90

88,672
79.17% of 50 DAV
50 DAV is 112,000
$314.60
-1.86%
5/14/2018 $285.80 PP = $285.80
MB = $300.09
Most Recent Note - 5/18/2018 12:26:36 PM
G - Quickly rallied above its "max buy" level getting extended from the previously noted base. Prior highs in the $285-279 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Breakout Followed New Supreme Court Ruling on Sports Betting - 5/14/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
China Lodging Group Ads
LEISURE - Lodging  
$174.10 -2.46
-1.39%

$176.90

572,437
97.85% of 50 DAV
50 DAV is 585,000
$177.15
-1.72%
5/15/2018 $138.07 PP = $166.29
MB = $174.60
Most Recent Note - 5/23/2018 4:28:57 PM
Y - Stubbornly holding its ground near its "max buy" level after inching higher following a noted streak of 9 consecutive gains with ever increasing volume. Prior highs in the $166-160 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : New Volume-Driven Breakout For All-Time High - 5/15/2018
 |  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
DPZ - NYSE
Dominos Pizza Inc
WHOLESALE - Food Wholesale  
$249.49 +1.28
0.52%

$250.26

520,533
84.64% of 50 DAV
50 DAV is 615,000
$255.00
-2.16%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 5/21/2018 3:31:43 PM
Y - Color code is changed to yellow with new pivot point cited based on its 4/26/18 high plus 10 cents after an advanced "3-weeks tight" base. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($237) and prior highs in the $236 area define important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Earnings News Due From Pizza Firm - 4/23/2018
 |  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  
$72.68 +0.87
1.21%

$73.47

579,111
38.45% of 50 DAV
50 DAV is 1,506,000
$78.28
-7.15%
3/9/2018 $68.58 PP = $73.65
MB = $77.33
Most Recent Note - 5/21/2018 3:38:56 PM
Y - Volume totals have been below average in recent weeks while consolidating near its 50 DMA line ($72.06) which acted as support after noted distributional pressure. Subsequent damaging losses below the recent low ($69.37 on 5/02/18) may trigger a more worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Trading Near 50-Day Average After Falling Into Prior Base - 5/7/2018
 |  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  
$173.96 +3.70
2.17%

$174.07

1,232,461
62.85% of 50 DAV
50 DAV is 1,961,000
$182.59
-4.72%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 5/23/2018 4:38:14 PM
Y - Volume totals have cooled in recent weeks while consolidating above its 50 DMA line ($169.13). Stalled soon after highlighted in yellow with pivot point cited based on its 3/14/18 high plus 10 cents in the 5/08/18 mid-day report. Members are again reminded to follow proper discipline and always watch for strength indicative of fresh institutional buying demand - "Subsequent gains backed by at least +40% above average volume while rising above the pivot point may trigger a technical buy signal."
>>> FEATURED STOCK ARTICLE : High-Ranked Software - Enterprise Firm is Near Pivot Point - 5/8/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$59.90 -0.10
-0.17%

$60.40

28,821
34.72% of 50 DAV
50 DAV is 83,000
$71.90
-16.69%
4/9/2018 $58.35 PP = $59.05
MB = $62.00
Most Recent Note - 5/23/2018 4:32:30 PM
Y - Found support recently when quietly consolidating near its 50 DMA line and prior highs in the $58-59 area. More damaging losses would raise greater concerns. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Hitting New High - 5/11/2018
 |  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  
$73.60 +0.55
0.75%

$73.70

337,541
109.59% of 50 DAV
50 DAV is 308,000
$85.00
-13.41%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 5/22/2018 4:03:25 PM
G - Color code is changed to green after again slumping below its 50 DMA line. Prior low ($68.20 on 5/02/18) defines the next important support above its 200 DMA line
>>> FEATURED STOCK ARTICLE : Quickly Rallied More Than 5% Above Prior High - 4/18/2018
 |  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
SPLK - NASDAQ
Splunk Inc
Computer Sftwr-Database  
$116.64 +2.28
1.99%

$116.84

1,213,916
72.60% of 50 DAV
50 DAV is 1,672,000
$119.00
-1.98%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 5/21/2018 3:28:01 PM
Y - Quietly touched a new all-time high today but reversed into the red. Recent gains above the stock's pivot point did not meet the required volume threshold of at least +40% above average volume needed to trigger a proper technical buy signal. Due to report earnings for its fiscal first quarter ended April 30, 2018 on Thursday, May 24, 2018 after the market close. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Average on Pullbacks - 4/19/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SUPN - NASDAQ
Supernus Pharmaceuticals
Medical-Biomed/Biotech  
$54.95 +0.40
0.73%

$55.75

907,121
116.60% of 50 DAV
50 DAV is 778,000
$59.05
-6.94%
4/24/2018 $47.73 PP = $50.15
MB = $52.66
Most Recent Note - 5/21/2018 12:55:19 PM
G - Pulling back from its all-time high with today's 3rd consecutive loss after getting extended from the previously noted base. Prior highs in the $49-50 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Pharmaceutical Firm Perched Near Record High - 4/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$101.78 +0.85
0.84%

$101.82

706,502
94.71% of 50 DAV
50 DAV is 746,000
$118.45
-14.07%
2/15/2018 $95.01 PP = $93.61
MB = $98.29
Most Recent Note - 5/21/2018 3:48:47 PM
G - Halted its slide last week after undercutting prior lows in the $101 area, but more damaging losses would raise greater concerns. A rebound above the 50 DMA line ($109.19) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Violation of 50-Day Average Triggered Technical Sell Signal - 5/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$102.75 +0.10
0.10%

$103.25

613,782
41.06% of 50 DAV
50 DAV is 1,495,000
$112.41
-8.59%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 5/22/2018 4:09:44 PM
G - Quietly consolidating above its 50 DMA line ($101.98). Faces some resistance due to overhead supply up to the $112 level. Recently reported earnings +79% on +49% sales revenues for the Mar '18 quarter.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50 Day Average With Earnings News Due - 4/30/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$75.84 +0.98
1.31%

$76.44

551,620
93.65% of 50 DAV
50 DAV is 589,000
$76.76
-1.20%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 5/23/2018 4:25:05 PM
G - Volume totals still have been below average while wedging into new all-time high territory with 7 consecutive gains, and its color code is changed to green after rallying above the "max buy" level. Prior high ($68.75 on 3/22/18) and its 50 DMA line ($66.08) define near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Building a Short New Base - 4/25/2018
 |  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
LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$29.45 -0.30
-1.01%

$29.85

69,830
60.72% of 50 DAV
50 DAV is 115,000
$30.05
-2.00%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 5/23/2018 5:54:40 PM
Y - Perched within close striking distance of the new pivot point cited based on its 3/21/18 high plus 10 cents. Subsequent volume-driven gains for a new high may trigger a technical buy signal. Prior lows in the $26-27 area define important near term support. Recently reported earnings +63% on +42% for the Mar '18 quarter. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Bank Perched Near High After Orderly Base - 5/23/2018
 |  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  
$81.08 +0.46
0.57%

$81.12

4,954,975
57.52% of 50 DAV
50 DAV is 8,615,000
$86.32
-6.07%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 5/18/2018 12:57:00 PM
Y - Color code is changed to yellow with new pivot point cited based on its 4/18/18 high after forming a "double bottom" base. A gain and close above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Found prompt support near its 200 DMA line and prior lows in the $71-72 area. Rebound above the 50 DMA line with volume-driven gains helped its outlook improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Slumping Near Important Near-Term Support - 4/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$68.90 +0.00
0.00%

$69.90

412,380
60.03% of 50 DAV
50 DAV is 687,000
$71.45
-3.57%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 5/21/2018 3:46:02 PM
G - Perched at its all-time high and on track today for a 10th consecutive gain, very extended from any sound base. Prior high in the $64 area defines initial support along with its 50 DMA line ($62.15).
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After 8 Consecutive Gains - 5/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$62.70 +0.15
0.24%

$63.05

206,909
95.35% of 50 DAV
50 DAV is 217,000
$66.25
-5.35%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 5/22/2018 4:00:44 PM
Y - Wedged higher with gains lacking volume after a noted "negative reversal" at its 52-week high. Found support near prior highs in the $58 area and stayed above its 50 DMA line ($57.84) during the recent consolidation.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Hit New All-Time High - 4/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BZUN - NASDAQ
Baozun Inc Cl A Ads
Computer Sftwr-Enterprse  
$56.67 +3.55
6.68%

$56.75

4,020,680
151.55% of 50 DAV
50 DAV is 2,653,000
$55.29
2.50%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 5/23/2018 1:21:53 PM
G - Hitting another new all-time high with today's volume-driven gain following through on prior bullish action. Color code is changed to green after rallying above the "max buy" level. Reported earnings +29% on +25% sales revenues for the Mar '18 quarter. Featured in the 5/15/18 mid-day report (read here) and then more detailed analysis with an annotated graph on 5/16/18 in the FSU section of the evening report.
>>> FEATURED STOCK ARTICLE : Earnings News Due; Formed a Base-on-Base Pattern - 5/16/2018
 |  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
SEDG - NASDAQ
Solaredge Technologies
Energy-Solar  
$61.65 -4.70
-7.08%

$66.10

2,395,568
294.30% of 50 DAV
50 DAV is 814,000
$70.74
-12.85%
5/9/2018 $55.33 PP = $59.30
MB = $62.27
Most Recent Note - 5/23/2018 1:47:13 PM
Y - Color code was changed to yellow after pulling back below its "max buy" level. Prior highs and its 50 DMA line ($56.82) define important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Quickly Rallied Following Strong Earnings News - 5/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$26.12 -0.13
-0.50%

$26.31

338,165
75.65% of 50 DAV
50 DAV is 447,000
$32.03
-18.44%
3/6/2018 $28.00 PP = $28.37
MB = $29.79
Most Recent Note - 5/21/2018 3:50:28 PM
G - After trading higher today it again met resistance, whereas a convincing rebound above the 50 DMA line ($27.77) is needed for its outlook to improve. The prior low ($23.77 on 4/04/18) defines the next important support to watch. Completed a new Public Offering and Secondary Offering on 4/05/18.
>>> FEATURED STOCK ARTICLE : Earnings News Continues to be Strong - 5/1/2018
 |  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