Stocks experienced a setback on Tuesday. Volume on the session was higher than the prior session's volume totals on both the NYSE and on the Nasdaq exchange which indicated an increase in distributional selling pressure from the institutional crowd. Breadth was negative as decliners led advancers by a 3-2 margin on the NYSE and by more than a 4-1 margin on the Nasdaq exchange. Leadership was thin as there were only 6 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from the prior session's total of 39 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE but new lows outnumbered new highs on the Nasdaq exchange. There were gains for only 2 of the 15 high-ranked companies currently included on the Featured Stocks Page. The market (M criteria) uptrend clearly came under pressure while leadership quickly evaporated.  Any new buying efforts should be selective and focused in stocks meeting all key criteria of the fact-based investment system.

PICTURED: The S&P 500 Index is consolidating after rallying to all-time highs. Nine of the 10 S&P 500 sectors declined.

The CANSLIM.net Featured Stocks Page shows the most action-worthy candidates and their latest notes and a Headline Link directs members to the latest detailed analysis with data-packed graphs annotated by a Certified expert along with links to additional resources.  The Premium Member Homepage includes "dynamic archives" to all prior pay reports published. Watch for an announcement via email concerning the next WEBCAST.

Financial shares were a negative influence on the major averages as the Broker/Dealer Index ($XBD -2.11%) and the Bank Index ($BKX -1.14%) both fell on Tuesday. The Retail Index ($RLX -1.28%) faced pressure and the tech sector saw unanimous losses from the Networking Index ($NWX -2.18%), Biotechnology Index ($BTK -1.94%), and the Semiconductor Index ($SOX -0.54%).  Energy-related shares suffered smaller losses as the Integrated Oil Index ($XOI -0.31%) and the Oil Services Index ($OSX -0.27%) edged lower. The Gold & Silver Index ($XAU +1.17%) was a standout gainer on the mostly negative session.

Charts courtesy www.stockcharts.com

PICTURED: The Networking Index ($NWX -2.18%) violated its 50-day moving average (DMA) line with a considerable loss.

TRN traded up as much as +20.9% since first highlighted in yellow in the 4/30/14 mid-day report report (read here). Disciplined investors avoid chasing stocks extended more than +5% above prior highs and they always limit losses by selling any stock that falls more than -7% from their purchase price. 

It has earned high ranks and reported earnings +213% on +57% sales revenues for the Mar '14 quarter. Prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) have improved following a downturn in FY '08-10. The number of top-rated funds owning its shares rose from 455 in Sep '13 to 471 in Jun '14, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.5 is an unbiased indication that its shares have been under accumulation over the past 50 days. Its supply of shares outstanding (S criteria) was doubled as a 2:1 split was effective as of 6/20/14.

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
ACT - NYSE Actavis plc Medical-Generic Drugs	$216.89	-3.88 -1.76%	$220.81	3,289,620 143.65% of 50 DAV 50 DAV is 2,290,000	$230.77 -6.01%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 7/7/2014 4:33:29 PM Y - Still hovering within close striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Volume Above Average as Generic Drug Firm Approaches Highs - 6/24/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$41.33	-0.74 -1.76%	$42.21	376,107 53.40% of 50 DAV 50 DAV is 704,300	$47.10 -12.25%	5/21/2014	$44.85	PP = $44.85
								MB = $47.09
Most Recent Note - 7/7/2014 11:58:46 AM G - Slumping below its 50 DMA line with heavier volume behind today's loss. Faces some resistance due to overhead supply up through the $47 level. >>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Average and Relative Strength Slightly Improved - 7/1/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
AL - NYSE Air Lease Corp Cl A DIVERSIFIED SERVICES - Rental and Leasing Services	$36.73	-0.86 -2.29%	$37.52	1,720,508 162.77% of 50 DAV 50 DAV is 1,057,000	$42.89 -14.36%	5/9/2014	$38.27	PP = $38.25
								MB = $40.16
Most Recent Note - 7/7/2014 4:35:01 PM G - Slumped further below its 50 DMA line today. A subsequent violation of its recent low ($36.55 on 6/13/17) would raise more serious concerns and trigger a worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Finding Support Near 50-Day Moving Average Line - 7/2/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$46.05	-3.41 -6.89%	$49.40	2,472,505 270.81% of 50 DAV 50 DAV is 913,000	$49.67 -7.29%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 7/8/2014 12:25:36 PM Y - Down considerably today with above average volume amid widespread weakness in China-based companies. Prior highs near $46 define initial support to watch. Color code is changed to yellow after the pullback. Keep in mind that odds are far more favorable for investors who buy while stocks are rising, rather than accumulating on pullbacks. >>> FEATURED STOCK ARTICLE : Perched At High With No Resistance Remaining Due to Overhead Supply - 6/27/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
BWLD - NASDAQ Buffalo Wild Wings Inc LEISURE - Restaurants	$156.96	-1.63 -1.03%	$159.44	553,712 121.69% of 50 DAV 50 DAV is 455,000	$167.36 -6.21%	6/19/2014	$158.52	PP = $159.91
								MB = $167.91
Most Recent Note - 7/8/2014 12:40:06 PM Y - Pulling back today amid widespread weakness. Deterioration leading to a close below the prior high close ($156.35 on 3/21/14) would raise greater concerns and completely negate the recent technical breakout. >>> FEATURED STOCK ARTICLE : Perched Near Highs With Strong Fundamentals - 6/19/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
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
EQM - NYSE E Q T Midstream Partners ENERGY - Oil and Gas Pipelines	$92.69	+0.28 0.30%	$93.42	203,190 47.59% of 50 DAV 50 DAV is 427,000	$102.51 -9.58%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 7/2/2014 3:59:51 PM G - Stubbornly holding its ground near its all-time high. Strength has continued despite fundamental flaws repeatedly noted. >>> FEATURED STOCK ARTICLE : Strength Continued Despite Fundamental Flaws - 6/25/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
GRFS - NASDAQ Grifols Sa Ads Medical-Ethical Drugs	$40.77	-1.33 -3.16%	$41.82	1,028,426 150.14% of 50 DAV 50 DAV is 685,000	$46.66 -12.62%	5/15/2014	$41.14	PP = $43.55
								MB = $45.73
Most Recent Note - 7/8/2014 6:25:17 PM G - Slumped further below its 50 DMA line with today's 4th consecutive loss on higher volume. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. >>> FEATURED STOCK ARTICLE : Consolidating Just Below "Max Buy" Level - 6/17/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
HF - NYSE H F F Inc Cl A REAL ESTATE - Property Management/Developmen	$36.41	-1.43 -3.78%	$37.65	200,692 102.92% of 50 DAV 50 DAV is 195,000	$38.23 -4.76%	6/20/2014	$34.60	PP = $36.16
								MB = $37.97
Most Recent Note - 7/8/2014 6:20:09 PM Y - Finished near the session low with a loss on average volume. Color code is changed to yellow after retreating below its "max buy" level. Prior highs in the $35-36 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Approached 52-Week High With Volume-Driven Gain - 6/23/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
ICON - NASDAQ Iconix Brand Group Inc CONSUMER NON-DURABLES - Textile - Apparel Footwear	$42.26	-0.45 -1.05%	$42.73	347,690 62.76% of 50 DAV 50 DAV is 554,000	$44.81 -5.69%	6/5/2014	$43.54	PP = $43.44
								MB = $45.61
Most Recent Note - 7/8/2014 6:22:48 PM Y - Small loss on light volume today led to a close just below its 50 DMA line ($42.44). More damaging losses would raise greater concerns. >>> FEATURED STOCK ARTICLE : Found Support Above Prior Highs During Consolidation - 6/18/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
KS - NYSE Kapstone Paper&Packaging MANUFACTURING - Paper and Packaging	$28.96	-1.59 -5.20%	$30.18	3,670,336 380.74% of 50 DAV 50 DAV is 964,000	$34.43 -15.89%	6/20/2014	$32.30	PP = $31.92
								MB = $33.52
Most Recent Note - 7/8/2014 1:25:44 PM Down considerably today with heavy volume behind its 3rd big loss in the span of 4 sessions, violating its 50 DMA line and triggering a technical sell signal. Only a prompt rebound above its 50 DMA line would help its outlook improve. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price. It will be dropped from the Featured Stocks list today due to technical deterioration. >>> FEATURED STOCK ARTICLE : Four Times Average Volume Behind Big Breakout Gain - 6/20/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$75.36	-4.21 -5.29%	$79.56	3,597,014 195.70% of 50 DAV 50 DAV is 1,838,000	$85.78 -12.15%	5/29/2014	$75.95	PP = $72.50
								MB = $76.13
Most Recent Note - 7/8/2014 1:27:25 PM G - Down considerably today on above average volume. On the prior session it was noted as it finished near the session low and below its 3/18/14 closing price ($79.82) raising some concerns. >>> FEATURED STOCK ARTICLE : Gap Up Gain on Above Average Volume for New Highs - 6/30/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
SN - NYSE Sanchez Energy Corp ENERGY - Independent Oil and Gas	$34.84	-0.54 -1.53%	$35.38	1,633,538 105.32% of 50 DAV 50 DAV is 1,551,000	$38.95 -10.55%	5/22/2014	$33.00	PP = $31.59
								MB = $33.17
Most Recent Note - 7/3/2014 2:16:04 PM G - Extended from its prior base with volume totals cooling. Its 50 DMA line ($32.51) and prior highs near $32 define support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Recently Featured Stock Outpaced Benchmark S&P 500 Index - 7/3/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
TARO - NYSE Taro Pharmaceutical Inds DRUGS - Drug Manufacturers - Other	$145.45	+3.68 2.60%	$145.97	105,848 170.72% of 50 DAV 50 DAV is 62,000	$146.64 -0.81%	6/26/2014	$117.31	PP = $118.90
								MB = $124.85
Most Recent Note - 7/8/2014 1:09:04 PM G - Perched near its all-time high and stubbornly holding its ground following considerable volume-driven gains, extended from its prior base. Disciplined investors avoid chasing stocks more than +5% above prior highs. >>> FEATURED STOCK ARTICLE : Fundamentally Strong Stock Challenging Prior Resistance Level - 6/26/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
TRN - NYSE Trinity Industries Inc TRANSPORTATION - Railroads	$43.96	-0.27 -0.61%	$44.28	2,190,470 63.84% of 50 DAV 50 DAV is 3,431,000	$46.00 -4.43%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 7/8/2014 6:18:09 PM G - Consolidating near its 52-week high, extended from its prior base. Its 50 DMA line defines important near-term support to watch. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Bullish Up/Down Volume and Increasing Institutional Ownership - 7/8/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
WLK - NYSE Westlake Chemical Corp CHEMICALS - Specialty Chemicals	$84.22	-0.78 -0.92%	$84.99	627,716 89.16% of 50 DAV 50 DAV is 704,000	$85.94 -2.00%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 7/7/2014 5:56:05 PM G - Perched at its 52-week high, extended from any sound base pattern. Its 50 DMA line defines important near-term support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Great Ranks and Reassuring Leadership in Chemical Group - 7/7/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
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