Stocks finished higher on Wednesday. The Dow was up 66 points to 18004. The S&P 500 gained 7 points to 2119 and the Nasdaq Composite added 12 points to 4974. The volume totals were mixed, higher on the NYSE and lighter on the Nasdaq exchange versus the prior session. Breadth was positive as advancers led decliners by 2-1 on the NYSE and on the Nasdaq exchange. Leadership was strong as there were 86 high-ranked companies from the Leaders List made new 52-week highs and were listed on the BreakOuts Page, up from the total of 68 on the prior session. New 52-highs solidly outnumbered new 52-week lows on both the NYSE and Nasdaq exchanges.

Charts used courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index has been rebounding toward a downward trendline connecting prior highs. The tech-heavy index is -4.9% off its July 20, 2015 all-time high.

The market's confirmed uptrend (M criteria) continues. The S&P 500 Index and Nasdaq Composite Index have both rallied above their April highs and well above the 50-day moving average (DMA) lines. The Dow Jones Industrial Average has recently found support near its 50 DMA line, but it has been lagging behind its peers.  Leadership improved as more stocks hit new highs and additional stocks were listed as noteworthy buy candidates on the Featured Stocks Page.

The major averages advanced for a third consecutive session as crude prices climbed to a 10-month high. In commodities, NYMEX WTI crude gained 1.8% to $51.20/barrel, amid supply disruptions in Nigeria. On the data front, an update revealed job openings increased to 5.8 million in April, slightly above last month’s reading of 5.7 million. MBA mortgage applications rose 9.3% last week, after falling 4.1% the previous week.

Eight of 10 sectors in the S&P 500 traded positive on the session. Materials and Industrials paced the gains while Telecom stocks lagged. Energy shares gave back a morning advance after the EIA report showed weekly crude production rose for the first time in three months. On the earnings front, Lululemon Athletica (LULU +4.90%) rose as the yoga-wear retailer’s sales rose 17% in the quarter. VeriFone Systems (PAY -24.65%) tumbled after reporting a weaker-than-expected quarterly outlook. AK Steel (AKS +16.81%) after receiving positive analyst commentary.

Treasuries finished higher along the curve with the benchmark 10-year note up 5/32 to yield 1.70%. COMEX gold added 1.4% to $1261.50/ounce. In FOREX, the dollar fell modestly against its peers.

The Bank Index ($BKX +0.09%) finished flat and the Broker/Dealer Index ($XBD -0.44%) created a drag on the major averages. The Biotechnology Index ($BTK +0.47%) and Networking Index ($NWX +0.36%) both posted small gains while the Semiconductor Index ($SOX -0.05%) and the Retail Index ($RLX +0.01%) both were unchanged.  The Oil Services Index ($OSX +0.95%) outpaced the Integrated Oil Index ($XOI +0.19%), meanwhile the Gold & Silver Index ($XAU +3.36%) was a standout gainer.

Charts courtesy www.stockcharts.com

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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
TDG - NYSE Transdigm Group Inc AEROSPACE/DEFENSE - Aerospace/Defense Products and; Services	$264.98	-1.69 -0.63%	$268.00	646,510 78.18% of 50 DAV 50 DAV is 827,000	$267.39 -0.90%	5/11/2016	$248.33	PP = $245.00
								MB = $257.25
Most Recent Note - 6/7/2016 5:09:53 PM G - Holding its ground stubbornly near all-time highs. Disciplined investors avoid chasing extended stocks. >>> FEATURED STOCK ARTICLE : Getting Extended From Prior Base After More Volume-Driven Gains - 6/1/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
CSFL - NASDAQ Centerstate Banks Inc Banks-Southeast	$15.86	+0.13 0.83%	$15.91	140,524 89.45% of 50 DAV 50 DAV is 157,100	$16.59 -4.40%	5/27/2016	$15.80	PP = $16.69
								MB = $17.52
Most Recent Note - 6/8/2016 4:51:31 PM Y - Consolidating above its 50 DMA line ($15.60). Prior notes cautioned - "Subsequent volume-driven gains for new highs are needed to trigger a proper technical buy signal before action may be justified under the fact-based investment system." >>> FEATURED STOCK ARTICLE : Forming Ideal Base and Fundamentals Are Favorable - 5/27/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
IESC - NASDAQ I E S Holdings Inc Bldg-Maintenance and Svc	$14.60	-0.32 -2.14%	$15.13	59,749 97.95% of 50 DAV 50 DAV is 61,000	$15.64 -6.65%	6/6/2016	$15.19	PP = $15.74
								MB = $16.53
Most Recent Note - 6/8/2016 4:52:35 PM Y - Sputtering since highlighted in yellow with pivot point based on its 4/20/16 high plus 10 cents in the 6/06/16 mid-day report. Finished unchanged today after challenging its 52-week high. Volume-driven gains above the pivot point are needed to trigger a technical buy signal. Reported earnings +88% on +20% sales revenues for the Mar '16 quarter, marking its 3rd consecutive quarterly earnings increase above the +25% minimum earnings guideline and helping it better match the fact-based investment system's guidelines. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of New Highs - 6/6/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
MXL - NYSE Maxlinear Inc Cl A Telecom-Infrastructure	$20.62	-0.18 -0.87%	$20.86	825,278 63.53% of 50 DAV 50 DAV is 1,299,000	$20.98 -1.71%	5/16/2016	$19.24	PP = $19.20
								MB = $20.16
Most Recent Note - 6/7/2016 5:10:50 PM G - Quietly touched a new high today. Prior highs near $19 define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Extended From Latest Base After Recently Wedging Higher - 6/2/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
PATK - NASDAQ Patrick Industries Inc WHOLESALE - Building Materials Wholesale	$53.39	+0.29 0.55%	$53.56	110,931 80.38% of 50 DAV 50 DAV is 138,000	$54.15 -1.40%	5/24/2016	$53.45	PP = $50.68
								MB = $53.21
Most Recent Note - 6/6/2016 12:59:31 PM G - Inching further into new 52-week high today with today's gain backed by higher volume. Disciplined investors avoid chasing extended stocks. Prior highs define near term support in the $50 area, above its 50 DMA line ($48.35). >>> FEATURED STOCK ARTICLE : Solid Volume-Driven Gain Into New High Territory - 5/24/2016  |  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
NVEE - NASDAQ N V 5 Global Inc Comml Svcs-Consulting	$28.75	+0.14 0.49%	$29.14	108,823 99.84% of 50 DAV 50 DAV is 109,000	$30.21 -4.83%	4/19/2016	$28.20	PP = $28.10
								MB = $29.51
Most Recent Note - 6/7/2016 5:07:34 PM Y - Still consolidating below its "max buy" level. Hit a new 52-week high with a volume-driven gain on 6/01/16 following M&A news. Support is defined by its 50 DMA line ($26.83) and a multi-month upward trendline. >>> FEATURED STOCK ARTICLE : Consolidating Near Highs After Completing New Public Offering - 5/31/2016  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I