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AFTER MARKET UPDATE - FRIDAY, JUNE 29TH, 2018
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Indices NYSE Nasdaq
DOW  +55.36 24,271.41 +0.23% Volume 982,306,390 +21% Volume 2,191,675,230 -1%
NASDAQ +6.62 7,510.30 +0.09% Advancers 1,725 58% Advancers 1,629 54%
S&P 500 +2.06 2,718.37 +0.08% Decliners 1,237 42% Decliners 1,372 46%
Russell 2000 -1.95 1,643.07 -0.12% 52 Wk Highs 53   52 Wk Highs 63  
S&P 600 -2.84 1,017.38 -0.28% 52 Wk Lows 62   52 Wk Lows 67  

Indices Posted Small Gains Halting Recent Slide

Stocks finished higher Friday. The Dow added 55 points to 24271. The S&P 500 climbed 2 points to 2718 while the Nasdaq Composite gained 6 points to 7510. The volume total reported on the NYSE was slightly higher than the prior session and on the Nasdaq exchange volume was near the prior total. Breadth was positive as advancers led decliners by a 3-2 margin on the NYSE and by an 8-7 margin on the Nasdaq exchange. There were 17 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 11 on the prior session. New 52-week lows still outnumbered new 52-week highs on the Nasdaq exchange and on the NYSE. The major indices (M criteria) have seen the latest rally come under pressure again while leadership (stocks hitting new highs) has thinned. 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 Nasdaq Composite Index recently found support at its 50-day moving average (DMA) line. Damaging losses and further technical deterioration would be an ominous sign.

The major averages closed out the quarter and the month on a mostly positive note despite declining for the week. Friday’s gains left the Dow with a 1.3% weekly decrease, while the S&P 500 lost 1.3% and the Nasdaq finished 2.4% lower. The Dow decreased 0.6% in June, but 0.7% higher for the quarter. The S&P 500 gained 0.5% in June and added 2.9% for the quarter. The Nasdaq’s 0.9% June advance steered the Tech-heavy benchmark to finish the quarter up 6.3%. On the data front, the Core PCE deflator increased 2.0% year-over-year in May, above expectations of 1.9% gain.

Eight of 11 S&P 500 sectors ended in positive territory. Energy paced gains as NYMEX WTI Crude added 1.2% to $74.31. Financials also outperformed after several large U.S. banks announced buybacks and dividend increases. In earnings news, Nike (NKE +11.13%) and KB Homes (KBH +7.33%) both topped profit projections and raised forward guidance. Constellation Brands (STZ -5.79%) fell after the spirts company revealed quarterly earnings below analyst forecasts. In other corporate news, Novartis (NVS +3.48%) after the pharmaceutical company announced a $5 billion share buyback.

Treasuries weakened with the yield on the 10-year note up two basis points to 2.86%. In commodities, COMEX gold advanced 0.2% to $1253.40/ounce amid a weaker dollar.

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.


Tech and Commodity-Linked Groups Led Gainers

The Retail Index ($RLX -0.29%) and financial groups had a negative bias on Friday as the Bank Index ($BKX -0.17%) and Broker/Dealer Index ($XBD -0.70%) fell. The tech sector has a positive bias as the Biotech Index ($BTK +1.94%) outpaced the Networking Index ($NWX +0.27%) and the Semiconductor Index ($SOX +0.16%). Commodity-linked groups had a positive bias as the Gold & Silver Index ($XAU +2.21%) outpaced the Integrated Oil Index ($XOI +0.88%) and the Oil Services Index ($OSX +0.04%) finished flat.

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -0.79%) has slumped to its 200-day moving average (DMA) line. Back in September 2017 it found support at that important long-term average.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  154.87 +0.06 +0.04% +3.56%
Integrated Oil $XOI  1,516.01 +13.28 +0.88% +13.51%
Semiconductor $SOX  1,313.70 +2.06 +0.16% +4.84%
Networking $NWX  540.21 +1.46 +0.27% +10.13%
Broker/Dealer $XBD  272.44 -1.92 -0.70% +2.72%
Retail $RLX  2,195.86 -6.44 -0.29% +26.65%
Gold & Silver $XAU  81.59 +1.76 +2.20% -4.32%
Bank $BKX  103.89 -0.18 -0.17% -2.64%
Biotech $BTK  4,751.88 +90.27 +1.94% +12.54%


Consolidating Near 50-Day Moving Average

Churchill Downs Inc (CHDN +$4.05 or +1.38% to $296.50) is quietly consolidating near its 50-day moving average (DMA) line ($291.83). Below that important short-term average the prior high ($285.70 on 4/26/18) defines the next important support to watch. It was last shown in this FSU section on 5/14/18 with an annotated graph under the headline, "Breakout Followed New Supreme Court Ruling on Sports Betting". It was highlighted in yellow in the earlier mid-day report (read here) with a pivot point cited based on its 4/26/18 high after an advanced "3-weeks tight" base pattern.

A new pivot point was cited based on its 5/16/18 high plus 10 cents. Subsequent volume-driven gains for a new high are needed to trigger a new (or add-on) technical buy signal.

Bullish action came after it had just reported earnings +646% on +13% sales revenues for the Mar '18 quarter, its 2nd consecutive quarter well above the +25% minimum earnings guideline (C criteria) versus the year ago periods. It has an earnings Per Share Rating of 93. Its up and down annual earnings (A criteria) history was previously noted as a concern with regard to the strict fact-based investment system's guidelines. 

The number of top-rated funds owning its shares rose from 333 in Jun '17 to 381 in Mar '18, a reassuring sign concerning the I criteria. Its small supply of only 13.5 million shares (S criteria) outstanding can contribute to greater price volatility in the event of institutional buying or selling.

The L criteria of the fact-based investment system guides investors toward buying leading stocks that are in leading industry groups. The Leisure - Gaming/Equipment industry group has a Group Relative Strength Rating of B+.

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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$14.40 -0.15
-1.03%

$14.66

417,593
601.72% of 50 DAV
50 DAV is 69,400
$15.60
-7.69%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 6/28/2018 12:11:59 PM
Y - Near its 50 DMA line ($14.79) with today's gain after 5 consecutive losses marked by above average volume. Its prior low ($14) and 200 DMA line ($13.94) define the next important support level. Stalled after highlighted in yellow on 5/21/18 with pivot point cited based on prior highs plus 10 cents. Fundamentals remain strong.
>>> 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  
$61.46 -0.66
-1.06%

$62.86

85,706
112.77% of 50 DAV
50 DAV is 76,000
$67.88
-9.46%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 6/25/2018 5:47:39 PM
G - Color code is changed to green after slumping below its 50 DMA line ($64.89). Testing its 200 DMA line ($62.39) and prior lows where more damaging losses would raise greater concerns. Its Relative Strength has slumped to 69.
>>> 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  
$288.76 -2.89
-0.99%

$298.42

466,605
84.38% of 50 DAV
50 DAV is 553,000
$329.65
-12.40%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 6/25/2018 5:49:59 PM
G - Pulled back from its all-time high and violated Its 50 DMA line ($304.45) with a gap down and volume-driven loss triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. Fundamentals are strong.
>>> 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 
UCFC - NASDAQ
United Community Finl Cp
BANKING - Savings and Loans  
$10.99 -0.05
-0.45%

$11.16

269,541
154.02% of 50 DAV
50 DAV is 175,000
$11.59
-5.18%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 6/28/2018 12:36:22 PM
Y - Consolidating and still well above the prior high ($10.70 on 4/19/18) and its 50 DMA line ($10.64) defining near-term support to watch.
>>> FEATURED STOCK ARTICLE : Small Savings & Loan Perched Near High - 5/30/2018
 |  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  
$124.33 +1.31
1.06%

$125.34

616,245
149.21% of 50 DAV
50 DAV is 413,000
$131.75
-5.63%
5/9/2018 $120.34 PP = $125.98
MB = $132.28
Most Recent Note - 6/27/2018 6:23:54 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($121.89) after recent weakness negated the prior breakout. More damaging losses would raise serious concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Below 50-Day Average After Negating Prior Breakout - 6/27/2018
 |  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
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$210.65 -0.27
-0.13%

$212.64

728,784
57.75% of 50 DAV
50 DAV is 1,262,000
$222.92
-5.50%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 6/27/2018 3:35:44 PM
Y - Undercut prior highs and slumped back into the prior base with a streak of 5 consecutive losses raising some concerns. Its 50 DMA line ($206) and prior lows define the next important support areas to watch.
>>> FEATURED STOCK ARTICLE : Breakaway Gap With Heavy Volume - 6/18/2018
 |  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
Finance-CrdtCard/PmtPr  
$196.52 -0.58
-0.29%

$198.31

2,926,112
81.92% of 50 DAV
50 DAV is 3,572,000
$204.00
-3.67%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 6/27/2018 3:38:14 PM
G - Pulling back from its all-time high toward its 50 DMA line (191). Below that short-term average the prior low ($186.60 on 5/29/18) defines the next important support to watch.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched at All-Time High - 6/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$132.45 -0.29
-0.22%

$134.19

7,244,154
99.29% of 50 DAV
50 DAV is 7,296,000
$136.69
-3.10%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 6/25/2018 5:53:45 PM
G - Big volume-driven loss today tested its 50 DMA line ($130.22) while retreating from its all-time high. Prior highs in the $126 area and its 50 DMA line ($130) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure at All-Time High - 6/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
BRKS - NASDAQ
Brooks Automation
ELECTRONICS - Semiconductor Equipment and Mate  
$32.62 +0.63
1.97%

$33.00

1,136,334
167.85% of 50 DAV
50 DAV is 677,000
$36.45
-10.51%
6/15/2018 $35.44 PP = $34.87
MB = $36.61
Most Recent Note - 6/25/2018 5:44:34 PM
Y - Pulled back today for a 3rd consecutive loss. Stalled after featured in the 6/15/18 mid-day report as it clinched a technical buy signal. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Volume Was Heavy Behind Big Breakout Gain - 6/15/2018
 |  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  
$54.95 -1.25
-2.22%

$56.55

270,777
74.82% of 50 DAV
50 DAV is 361,900
$60.28
-8.83%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 6/28/2018 12:28:13 PM
G - Color code is changed to green after slumping below its 50 DMA line ($55.86) and testing its 200 DMA line ($53.75). A prompt rebound above the 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Gain With Above Average Volume Challenged Prior High - 6/19/2018
 |  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
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$695.35 -2.10
-0.30%

$703.90

8,241
41.21% of 50 DAV
50 DAV is 20,000
$739.89
-6.02%
4/13/2018 $547.85 PP = $552.10
MB = $579.71
Most Recent Note - 6/28/2018 12:34:52 PM
G - Volume totals have still been cooling while stubbornly holding its ground perched near its all-time high. Its 50 DMA line ($657) defines important support to watch above the prior highs in the $569-552 area.
>>> FEATURED STOCK ARTICLE : Negative Reversal on Higher Volume After Hitting New All-Time High - 6/4/2018
 |  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
Retail-Internet  
$253.05 +4.70
1.89%

$253.05

414,658
135.95% of 50 DAV
50 DAV is 305,000
$285.75
-11.44%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 6/28/2018 6:18:03 PM
G - Halted its slide at its 50 DMA line ($248) after a damaging loss last week. Below that important short-term average prior highs in the $233 area which define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Big Loss on Heavy Volume Tests 50-Day Moving Average - 6/21/2018
 |  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  
$296.50 +4.05
1.38%

$299.20

100,637
97.71% of 50 DAV
50 DAV is 103,000
$314.60
-5.75%
6/20/2018 $285.80 PP = $314.70
MB = $330.44
Most Recent Note - 6/29/2018 5:41:17 PM
Y - Quietly consolidating near its 50 DMA line ($291.83) Below that important short-term average the prior high ($285.70 on 4/26/18) defines the next important support to watch. A new pivot point was cited based on its 5/16/18 high plus 10 cents. Subsequent volume-driven gains for a new high are needed to trigger a new (or add-on) technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Moving Average - 6/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
HTHT - NASDAQ
Huazhu Group Ads
LEISURE - Lodging  
$41.99 -0.16
-0.38%

$42.99

1,817,775
78.79% of 50 DAV
50 DAV is 2,307,000
$49.60
-15.34%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 6/25/2018 6:01:00 PM
G - Gapped down today for a 3rd consecutive loss retreating from its all-time high. Extended from prior highs in the $40-41 area which define initial support to watch on pullbacks. Recently changed its name from China Lodging Group, Ltd to Huazhu Group Ltd.
>>> 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 
NFLX - NASDAQ
Netflix Inc
SPECIALTY RETAIL - Music and Video Stores  
$391.43 -3.99
-1.01%

$401.33

9,211,307
101.31% of 50 DAV
50 DAV is 9,092,000
$423.21
-7.51%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 6/29/2018 12:15:50 PM
G - Extended from any sound base and recently enduring distributional pressure. Its 50 DMA line ($351) defines near-term support to watch above the prior high ($338.82 on 4/18/18).
>>> FEATURED STOCK ARTICLE : Rally From Advanced Ascending Base With Volume +50% - 5/24/2018
 |  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
Retail-Restaurants  
$282.17 +0.08
0.03%

$284.37

318,344
51.60% of 50 DAV
50 DAV is 617,000
$293.81
-3.96%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 6/26/2018 12:08:35 PM
G - Abruptly retreated from its all-time high with a volume-driven loss on the prior session breaking a streak of 9 consecutive gains. Very extended from the latest base. Its prior high ($255 on 4/26/18) and 50 DMA line ($256.37) coincide defining important near-term support to watch.
>>> FEATURED STOCK ARTICLE : New High With Gain Backed by Above Average Volume - 6/5/2018
 |  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  
$97.71 -1.83
-1.84%

$100.93

900,156
61.40% of 50 DAV
50 DAV is 1,466,000
$103.99
-6.04%
6/4/2018 $75.96 PP = $78.38
MB = $82.30
Most Recent Note - 6/28/2018 3:57:23 PM
G - Volume totals have still been cooling while stubbornly holding its ground near its all-time high. Reported earnings +133% on +27% sales revenues for the Apr '18 quarter.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High After Big Gap Up and Volume-Driven Gain - 6/25/2018
 |  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  
$172.47 +0.06
0.03%

$175.25

1,053,003
56.55% of 50 DAV
50 DAV is 1,862,000
$188.59
-8.55%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 6/26/2018 5:25:25 PM
G - Color code is changed to green after slumping below its 50 DMA line ($175). Only a prompt rebound above the 50 DMA line would help its outlook improve. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Recent Slump Below 50-Day Average Hurt Outlook - 6/26/2018
 |  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  
$69.30 +0.80
1.17%

$69.60

49,169
64.70% of 50 DAV
50 DAV is 76,000
$71.90
-3.62%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 6/28/2018 6:16:18 PM
Y - Volume totals have been cooling while stubbornly holding its ground in a tight range perched near its all-time high. Confirming gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Its 50 DMA line ($63.07) defines near-term support above the prior low ($56.65 on 5/15/18). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Holding its Ground in Tight Range Near All-Time High - 6/28/2018
 |  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  
$205.47 +0.55
0.27%

$208.11

900,532
66.81% of 50 DAV
50 DAV is 1,348,000
$217.40
-5.49%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 6/27/2018 3:41:03 PM
Y - Quietly sputtering below its 50 DMA line ($202.55) today raising some concerns. The prior low ($195.78 on 6/07/18) defines the next important support level.
>>> FEATURED STOCK ARTICLE : New High Close After 2 Consecutive Volume Driven Gains - 6/13/2018
 |  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
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$84.30 -0.70
-0.82%

$86.45

259,609
71.13% of 50 DAV
50 DAV is 365,000
$97.75
-13.76%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 6/27/2018 3:21:06 PM
G - Pulling back today near the prior high ($85.00 on 4/18/18) which defines initial support above its 50 DMA line ($81.26).
>>> FEATURED STOCK ARTICLE : Rebounded Above 50-Day Average Yet Still Faces Overhead Supply - 5/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPLK - NASDAQ
Splunk Inc
Computer Sftwr-Database  
$99.11 +0.92
0.94%

$99.87

2,083,193
112.73% of 50 DAV
50 DAV is 1,848,000
$121.64
-18.52%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 6/27/2018 3:13:20 PM
G - Slumping near prior lows in the $96-97 area which define near-term support above its 200 DMA line ($90.77). Damaging losses triggered technical sell signals. Only a prompt rebound above the 50 DMA line (110.88) would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Consolidating Near High Following Latest Financial Report - 5/31/2018
 |  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  
$59.85 +1.50
2.57%

$61.25

1,256,407
152.48% of 50 DAV
50 DAV is 824,000
$61.10
-2.05%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 6/29/2018 12:26:37 PM
Y - Touched a new all-time high today. A gain and strong close above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($53.51) and prior low in the $53 area define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After Spiking Higher - 6/6/2018
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PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$98.83 -1.20
-1.20%

$101.59

772,950
87.64% of 50 DAV
50 DAV is 882,000
$118.45
-16.56%
6/19/2018 $113.68 PP = $118.55
MB = $124.48
Most Recent Note - 6/27/2018 3:44:12 PM
G - Today's big loss is undercutting the prior low ($98.01 on 5/23/18) triggering a technical sell signal. A prompt rebound above the 50 DMA line ($107.81) is needed for its outlook to improve. Its 200 DMA line ($93.24) is the next important support level.
>>> FEATURED STOCK ARTICLE : Slumped Below 50-Day Moving Average With Heavy Volume - 6/22/2018
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$104.91 -0.67
-0.63%

$106.88

1,694,008
97.86% of 50 DAV
50 DAV is 1,731,000
$120.07
-12.63%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 6/25/2018 5:56:26 PM
G - Violated its 50 DMA line today with a 7th consecutive loss today with above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Gain With +25% Above Average Volume for Best Ever Close - 6/12/2018
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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
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$75.10 -1.95
-2.53%

$78.80

541,140
100.58% of 50 DAV
50 DAV is 538,000
$82.04
-8.46%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 6/28/2018 3:47:27 PM
G - Undercut its 50 DMA line ($73.89) with today's early loss but found prompt support and managed a "positive reversal". More damaging losses would raise greater concerns and the prior high ($68.75 on 3/22/18) defines near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Pullback After Volume-Driven Gains For New Highs - 6/7/2018
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LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$30.65 +0.10
0.33%

$30.95

170,655
137.63% of 50 DAV
50 DAV is 124,000
$31.65
-3.16%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 6/28/2018 12:30:35 PM
Y - Still holding its ground near the previously cited pivot point. Near term support to watch is at its 50 DMA line ($29.50).
>>> FEATURED STOCK ARTICLE : Bank Perched Near High After Orderly Base - 5/23/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$83.27 +0.79
0.96%

$83.66

6,692,487
80.74% of 50 DAV
50 DAV is 8,289,000
$87.55
-4.89%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 6/28/2018 12:41:49 PM
Y - Pulled back from its all-time high testing its 50 DMA line ($80.39). Since first featured on 5/18/18 it has not flashed confirming gains above the pivot point backed by at least +40% above average volume to confirm a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Gains Have Lacked Volume While Approaching All-Time High - 6/8/2018
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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$72.50 -0.45
-0.62%

$74.05

620,207
71.95% of 50 DAV
50 DAV is 862,000
$77.50
-6.45%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 6/28/2018 12:39:10 PM
G - Very extended from any sound base. Its 50 DMA line ($69.18) defines important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After 8 Consecutive Gains - 5/17/2018
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MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$43.50 -0.92
-2.07%

$45.59

5,489,555
115.01% of 50 DAV
50 DAV is 4,773,000
$54.24
-19.80%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 6/27/2018 3:08:58 PM
Y - Testing its 50 DMA line ($42.70) today. Slumped below prior the high ($46.69 on 8/08/17) and back into the prior base with damaging volume-driven losses this week raising concerns.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain for New All-Time High - 6/1/2018
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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
NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$62.30 +1.10
1.80%

$63.00

188,052
87.06% of 50 DAV
50 DAV is 216,000
$68.00
-8.38%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 6/25/2018 6:05:40 PM
G - Slumped below its 50 DMA line ($62.86) with a streak of 3 consecutive losses raising concerns and triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve.
>>> FEATURED STOCK ARTICLE : Quietly Hovering Near All-Time High - 5/25/2018
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BZUN - NASDAQ
Baozun Inc Cl A Ads
Computer Sftwr-Enterprse  
$54.70 +0.15
0.27%

$57.37

2,636,896
102.52% of 50 DAV
50 DAV is 2,572,000
$67.41
-18.85%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 6/27/2018 3:05:41 PM
G - Violating its 50 DMA line ($54.39) today with another damaging volume-driven loss triggering a technical sell signal. Testing prior highs in the $52 area previously noted as the next important support to watch. A prompt rebound above its 50 DMA line is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Earnings News Due; Formed a Base-on-Base Pattern - 5/16/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$26.52 -0.22
-0.82%

$27.07

216,157
37.33% of 50 DAV
50 DAV is 579,000
$32.03
-17.19%
6/20/2018 $30.72 PP = $32.13
MB = $33.74
Most Recent Note - 6/27/2018 3:24:20 PM
G - Color code is changed to green while slumping below its 50 DMA line ($27.34) with today's loss on light volume. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Abruptly retreated after challenging its 52-week high this week with impressive volume-driven gains. New pivot point cited was based on its 3/12/18 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume are still needed to trigger a proper new (or add-on) technical buy signal. Recent lows in the $23-24 area define important support to watch. Showed resilience since it completed a new Public Offering and Secondary Offering on 4/05/18.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Above 50-Day Average Help Outlook Improve - 6/14/2018
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