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AFTER MARKET UPDATE - THURSDAY, JUNE 29TH, 2017
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -167.58 21,287.03 -0.78% Volume 947,602,290 +11% Volume 2,390,389,260 +15%
NASDAQ -90.06 6,144.35 -1.44% Advancers 882 30% Advancers 1,056 40%
S&P 500 -20.99 2,419.70 -0.86% Decliners 2,069 70% Decliners 1,587 60%
Russell 2000 -5.09 855.45 -0.59% 52 Wk Highs 71   52 Wk Highs 75  
S&P 600 +12.96 860.54 +1.53% 52 Wk Lows 27   52 Wk Lows 32  

Distributional Pressure Weighs on Major Indices

Stocks finished lower on Thursday. The Dow was down 167 points to 21287. The S&P 500 lost 21 points to 2419 and the Nasdaq Composite fell 90 points to 6144. The volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange, a sign of distributional selling coming from the institutional crowd. Decliners led advancers by more than a 2-1 margin on the NYSE and 3-2 on the Nasdaq exchange.  There were 41 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 37 on the prior session. New 52-week highs totals outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.
Charts used courtesy of www.stockcharts.com


PICTURED: The S&P 500 Index fell testing its 50-day moving average (DMA) line. 

The major averages (M criteria) have seen their uptrend come under pressure. For any sustainable rally there must be a healthy level of market leadership (a large number of high-ranked stocks hitting new highs). New buying efforts should only be made in stocks meeting all fundamental and technical criteria of the fact-based investment system. ThFeatured Stocks Page lists noteworthy high-ranked leaders.

The major averages declined Thursday as losses in the Technology sector outweighed gains in Financials. Shares of Apple (AAPL -1.47%) were lower on the 10th anniversary of the first iPhone release. On the data front, the Commerce Department said the economy grew at a 1.4% annualized rate in the first-quarter, revised up from the previously reported 1.2%. Separately, initial jobless claims came in at 244,000, above the expected 240,000. In M&A news, Walgreens Boots Alliance (WBA +1.66%) rose after cancelling its planned merger with Rite-Aid.

Nine of 11 sectors in the S&P 500 ended in negative territory. Technology stocks led the losses with Facebook (FB -1.44%) and Netflix Inc (NFLX -2.16%) each sliding more than 1.4% on the session. Consumer Staples shares underperformed with Rite-Aid (RAD -26.21%) and Fred’s (FRED -22.81%) both falling hard. Financials finished higher as banks tested by the Federal Reserve got their capital repurchase programs approved during the annual stress test. Citigroup (C +2.76%) rose after receiving permission for a total of $19 billion to be returned to shareholders.

Treasuries declined with the benchmark 10-year note down 10/32 to yield 2.27%. In commodities, NYMEX WTI crude added 0.2% to $44.82/barrel. In FOREX, the Dollar Index fell 0.5%.

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.


Bank Index and Oil Services Index Rose; Tech Sector Tumbled

On Thursday the Bank Index ($BKX +1.29%) posted a solid gain but the Broker/Dealer Index ($XBD +0.06%) finished flat and the Retail Index ($RLX -0.94%) fell. The tech sector had a negative bias as the Biotechnology Index ($BTK -1.65%), Semiconductor Index ($SOX -2.51%) and the Networking Index ($NWX -2.25%) posted unanimous losses. Commodity-linked groups were mixed as the Oil Services Index ($OSX +1.14%) rose but the Integrated Oil Index ($XOI +0.02%) finished flat and the Gold & Silver Index ($XAU -2.40%) fell.

Charts courtesy www.stockcharts.com

PICTURED: ThNetworking Index ($NWX -2.25%) fell to its 50-day moving average (DMA) line and prior low.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  130.49 +1.47 +1.14% -29.00%
Integrated Oil $XOI  1,109.14 +0.24 +0.02% -12.53%
Semiconductor $SOX  1,040.42 -26.76 -2.51% +14.78%
Networking $NWX  450.72 -10.37 -2.25% +1.04%
Broker/Dealer $XBD  226.06 +0.13 +0.06% +10.12%
Retail $RLX  1,476.63 -13.94 -0.94% +9.95%
Gold & Silver $XAU  80.29 -1.98 -2.41% +1.81%
Bank $BKX  95.60 +1.22 +1.29% +4.15%
Biotech $BTK  3,881.70 -65.16 -1.65% +26.23%


Recently Found Support Near 50-Day Moving Average

Ollie's Bargain Outlet (OLLI -$0.05 or -0.12% to $41.55recently rebounded above its 50-day moving average (DMA) line ($40.35) helping its outlook improve. Recent lows in the $37-38 area define near-term support to watch on pullbacks. 

Fundamentals remain strong. Recently it reported Apr '17 quarterly earnings +25% on +17% sales revenues, meeting the +25% minimum earnings guideline (C criteria). It still has a very strong 96 Earnings Per Share (EPS) rating. The Retail - Discount & Variety firm traded up as much as +34.3% since highlighted in yellow with new pivot point cited based on its 2/21/17 high plus 10 cents in the 3/27/17 mid-day report (read here). OLLI was last shown in this FSU section on 5/19/17 with an annotated graph under the headline, "Retailer Rallied +25% in 2 Months Since Featured". 

OLLI was first highlighted in yellow with a pivot point based on its 4/28/16 high plus 10 cents in 7/19/16 mid-day report (read here). OLLI completed its $16 IPO on 7/16/15. It completed a Secondary Offerings on 6/06/16 and 2/18/16. The number of top-rated funds owning its shares rose from 98 in Sep '15 to 355 in Mar '17, a reassuring sign concerning the I criteria. Its small supply of only 60.9 million shares outstanding (S criteria) can contribute to greater price volatility in the event of institutional buying or selling.

Charts courtesy 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
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$105.51 -3.08
-2.84%

$107.50

1,361,584
163.26% of 50 DAV
50 DAV is 834,000
$115.74
-8.84%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 6/29/2017 2:53:30 PM
G - Pulling back toward its "max buy" level with a big loss today amid widespread weakness.
>>> FEATURED STOCK ARTICLE : Some Overhead Supply Remains After Latest Technical Breakout - 6/8/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SBCF - NASDAQ
Seacoast Banking Corp Fl
BANKING - Regional - Mid-Atlantic Banks  
$24.02 +0.16
0.67%

$24.20

333,797
100.24% of 50 DAV
50 DAV is 333,000
$25.88
-7.19%
6/9/2017 $24.13 PP = $25.98
MB = $27.28
Most Recent Note - 6/26/2017 6:11:33 PM
Y - Consolidating near its 50 DMA line and still within striking distance of the new pivot point cited based on its 4/25/17 high. Previously noted - "Subsequent volume-driven gains for new highs may trigger a new technical buy signal. Fundamentals remain strong."
>>> FEATURED STOCK ARTICLE : Relative Strength Rating Slumped After Lingering Below 50 DMA - 5/25/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BLMT - NASDAQ
B S B Bancorp Inc
BANKING - Regional - Midwest Banks  
$29.20 +0.00
0.00%

$29.55

20,272
103.96% of 50 DAV
50 DAV is 19,500
$30.75
-5.04%
6/16/2017 $29.85 PP = $29.80
MB = $31.29
Most Recent Note - 6/28/2017 12:15:53 PM
G - Consolidating near its 50 DMA line after encountering distributional pressure. Its Relative Strength rating has slumped to 72, below the 80+ minimum guideline for buy candidates.
>>> FEATURED STOCK ARTICLE : Perched Near High After Volume-Driven Gains - 6/16/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BERY - NYSE
Berry Global Group Inc
CONSUMER NON-DURABLES - Packaging and Containers  
$56.55 -1.44
-2.48%

$58.20

884,356
77.64% of 50 DAV
50 DAV is 1,139,000
$58.95
-4.07%
5/26/2017 $58.31 PP = $57.04
MB = $59.89
Most Recent Note - 6/29/2017 2:52:03 PM
Y - Pulling back today for a big loss amid widespread weakness. The 50 DMA line ($55.90) defines near term support.
>>> FEATURED STOCK ARTICLE : Rising From Advanced Base With Above Average Volume - 5/26/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EW - NYSE
Edwards Lifesciences Cp
HEALTH SERVICES - Medical Appliances and Equipment  
$117.23 -1.16
-0.98%

$118.33

799,765
55.62% of 50 DAV
50 DAV is 1,438,000
$121.75
-3.71%
5/16/2017 $114.12 PP = $113.04
MB = $118.69
Most Recent Note - 6/26/2017 6:08:30 PM
G - Perched within close striking distance of its all-time high. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Medical Products Firm Perched Near All-Time High - 6/26/2017
 |  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
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$302.10 -15.33
-4.83%

$316.49

1,434,441
105.55% of 50 DAV
50 DAV is 1,359,000
$337.55
-10.50%
6/8/2017 $310.76 PP = $307.62
MB = $323.00
Most Recent Note - 6/29/2017 2:37:15 PM
Y - Pulling back below its pivot point with today's big loss raising concerns. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price. Recent gains lacked great volume conviction.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Hitting New Highs - 6/9/2017
 |  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  
$152.70 -0.80
-0.52%

$154.70

364,800
54.04% of 50 DAV
50 DAV is 675,000
$153.25
-0.36%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 6/27/2017 6:02:26 PM
G - There was a "negative reversal" today for a loss on light volume after hitting a new 52-week high. It is extended from its prior base. Prior high ($136 on 2/22/17) defines near term support to watch.
>>> FEATURED STOCK ARTICLE : Rallying From Bottom of 13-Week Cup Shaped Base - 5/24/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MELI - NASDAQ
Mercadolibre Inc
INTERNET - Internet Software and; Services  
$252.43 -9.88
-3.77%

$262.70

743,337
116.15% of 50 DAV
50 DAV is 640,000
$297.95
-15.28%
6/15/2017 $261.73 PP = $297.95
MB = $312.85
Most Recent Note - 6/29/2017 2:41:40 PM
G - Raising concerns with a big loss today testing the prior low ($248.20 on 5/18/17). Recently violated its 50 DMA line and prior reports cautioned - "More damaging losses would raise concerns and hurt its outlook.".
>>> FEATURED STOCK ARTICLE : Test of 10-Week Moving Average May Be a Secondary Buy Point - 6/15/2017
 |  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  
$80.34 -3.64
-4.33%

$83.90

225,549
94.77% of 50 DAV
50 DAV is 238,000
$88.08
-8.79%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 6/29/2017 2:44:51 PM
G - Abruptly retreating amid widespread market weakness today. It is extended from any sound base and consolidating above its 50 DMA line ($76.48) defining important near-term support to watch. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : China-Based Hotel Firm is Extended From Any Sound Base - 6/28/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BEAT - NASDAQ
BioTelemetry Inc
Medical-Services  
$32.05 -0.35
-1.08%

$32.75

345,621
64.60% of 50 DAV
50 DAV is 535,000
$34.00
-5.74%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 6/28/2017 7:30:42 PM
G - Rebounding toward its prior high. Its 50 DMA line ($29.84) and prior lows in the $26.50 - $27.00 area define near-term support levels to waatch. Raised fundamental concerns with sub par Mar '17 earnings that were repeatedly noted.
>>> FEATURED STOCK ARTICLE : Lingering Below 50-Day Moving Average Line - 6/1/2017
 |  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
ULTA - NYSE
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$285.88 +0.60
0.21%

$286.50

761,208
100.21% of 50 DAV
50 DAV is 759,600
$314.86
-9.20%
5/5/2017 $293.17 PP = $289.37
MB = $303.84
Most Recent Note - 6/29/2017 2:55:17 PM
Failing to rebound after violating its 50 DMA line and retreating below its pivot point. Its Relative Strength rating fell well below the 80+ minimum guideline for buy candidates. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average and Slumping Relative Strength - 6/21/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$37.22 +0.73
2.00%

$37.28

374,235
70.08% of 50 DAV
50 DAV is 534,000
$39.50
-5.77%
4/4/2017 $36.38 PP = $36.81
MB = $38.65
Most Recent Note - 6/27/2017 5:50:04 PM
G - Still consolidating below its 50 DMA line ($36.66) which is now downward sloping. Subsequent losses below the prior low ($34.08 on 5/05/17) would raise greater concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Sputtering Below its 50-Day Moving Average - 6/20/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MTSI - NASDAQ
Macom Tech Solution Hldg
Elec-Semiconductor Mfg  
$55.92 -1.50
-2.61%

$57.25

738,272
76.03% of 50 DAV
50 DAV is 971,000
$62.75
-10.88%
5/16/2017 $52.52 PP = $53.89
MB = $56.58
Most Recent Note - 6/29/2017 2:46:28 PM
G - Met resistance near the prior high. Today's big loss has it slumping near its 50 DMA line defining important support in the $54-55 area where violations would raise concerns and trigger technical sell signals. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Meeting Resistance Near Prior High - 6/27/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
VEEV - NYSE
Veeva Systems Inc Cl A
Computer Sftwr-Medical  
$61.36 -1.05
-1.68%

$62.12

1,258,927
70.97% of 50 DAV
50 DAV is 1,774,000
$68.07
-9.86%
3/16/2017 $49.00 PP = $48.05
MB = $50.45
Most Recent Note - 6/27/2017 5:57:55 PM
G - Consolidating above its 50 DMA line ($58.84) which recently acted as support. That short term average and recent low ($56.94 on 6/12/17) define important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Rebounding Since Testing Support at 50-Day Moving Average Line - 6/23/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$149.95 -5.32
-3.43%

$155.18

729,661
84.16% of 50 DAV
50 DAV is 867,000
$162.97
-7.99%
4/17/2017 $132.75 PP = $135.27
MB = $142.03
Most Recent Note - 6/29/2017 2:47:33 PM
G - Pulling back from its all-time high with another big loss today. Very extended from any sound base. Its 50 DMA line ($146.75) and prior lows define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Computer Networking Firm Very Extended From Any Sound Base - 6/6/2017
 |  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
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$43.20 -0.87
-1.97%

$44.19

2,147,061
84.60% of 50 DAV
50 DAV is 2,538,000
$47.84
-9.70%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 6/29/2017 2:50:34 PM
G - Color code is changed to green while undercutting its 50 DMA line ($43.20) with a big loss today raising concerns and triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. A new pivot point was cited based on its 5/08/17 high plus 10 cents. A confirming gain backed by at least +40% above average volume and strong close above the pivot point may clinch a technical buy signal.
>>> FEATURED STOCK ARTICLE : Stalled After Reaching New Highs and Encountered Mild Pressure - 5/22/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$52.40 -1.45
-2.69%

$53.85

73,313
44.43% of 50 DAV
50 DAV is 165,000
$55.45
-5.50%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 6/28/2017 7:32:30 PM
Y - Perched within close striking distance of the new pivot point cited based on its 4/27/17 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new technical buy signal. Its 50 DMA line ($51.38) defines near-term support above the recent low ($46.65 on 5/09/17).
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average Line - 6/5/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NCOM - NASDAQ
National Commerce Corp
BANKING - Regional - Southeast Banks  
$39.85 +0.25
0.63%

$40.00

36,784
105.10% of 50 DAV
50 DAV is 35,000
$40.00
-0.38%
4/25/2017 $38.95 PP = $40.09
MB = $42.09
Most Recent Note - 6/27/2017 6:11:53 PM
Y - Posted a gain today with near average volume, rising within close striking distance of its 52-week high. Its 50 DMA line and recent lows define near-term support in the $37-38 area. Subsequent gains above the pivot point backed by a minimum of +40% above average volume may trigger a technical buy signal. Prior lows in the $36-35 area define the next important support level.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Moving Average After Stalling - 5/30/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
INGN - NASDAQ
Inogen Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$93.94 -0.43
-0.46%

$95.50

164,116
81.65% of 50 DAV
50 DAV is 201,000
$97.71
-3.86%
4/17/2017 $76.77 PP = $80.04
MB = $84.04
Most Recent Note - 6/27/2017 5:56:43 PM
G - Pulled back from its all-time high with a loss today marked by slightly higher volume. It is very extended from its prior base. Near-term support is its 50 DMA line ($86.75).
>>> FEATURED STOCK ARTICLE : Perched at All Time High Following Volume-Driven Gains - 5/31/2017
 |  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  
$49.56 -1.61
-3.15%

$51.56

657,330
132.26% of 50 DAV
50 DAV is 497,000
$54.95
-9.81%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 6/29/2017 2:43:26 PM
Y - Undercutting its pivot point with a big loss today raising concerns. Prior highs in the $49 area defined initial support above its 50 DMA line ($47.58). .
>>> FEATURED STOCK ARTICLE : High Volume Breakout Quickly Getting Extended - 6/7/2017
 |  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
PLAY - NASDAQ
Dave & Buster's Ent Inc
Retail-Restaurants  
$66.52 -1.12
-1.66%

$67.38

477,928
68.18% of 50 DAV
50 DAV is 701,000
$73.48
-9.47%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 6/27/2017 5:59:16 PM
G - Extended from any sound base, consolidating above its 50 DMA line ($66.48) and prior lows in the $64-65 area defining near-term support to watch.
>>> FEATURED STOCK ARTICLE : Perched Near Record High After Solid April '17 Quarterly Results - 6/12/2017
 |  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  
$41.55 -0.05
-0.12%

$42.30

583,987
77.25% of 50 DAV
50 DAV is 756,000
$44.08
-5.73%
3/27/2017 $32.80 PP = $33.55
MB = $35.23
Most Recent Note - 6/29/2017 5:00:04 PM
Y - Recently found prompt support near its 50 DMA line ($40.35). Recent lows in the $37-38 area define near-term support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recently Found Support Near 50-Day Moving Average - 6/29/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$37.07 -0.89
-2.34%

$37.80

4,547,060
65.02% of 50 DAV
50 DAV is 6,993,000
$45.95
-19.33%
3/7/2017 $29.71 PP = $27.83
MB = $29.22
Most Recent Note - 6/27/2017 5:55:00 PM
G - Violated its 50 DMA line with a big loss today on below average hurting its outlook. Prior low ($35.02 on 6/15/17) defines the next important chart support level where a violation would raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Moving Average Line - 6/14/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HLI - NYSE
Houlihan Lokey Inc Cl A
Finance-Invest Bnk/Bkrs  
$34.84 +0.11
0.32%

$35.05

100,757
58.92% of 50 DAV
50 DAV is 171,000
$36.65
-4.94%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 6/26/2017 6:10:18 PM
Y - Still quietly consolidating above its 50 DMA line ($33.99) which has acted as support. Recent low ($32.72 on 5/31/17) also defines near-term support where violations would raise concerns and trigger a more worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Gapped Up and Nearly Challenged Prior High - 6/19/2017
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