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AFTER MARKET UPDATE - MONDAY, JULY 9TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +320.11 24,776.59 +1.31% Volume 744,445,190 +12% Volume 1,814,844,969 +7%
NASDAQ +67.81 7,756.20 +0.88% Advancers 1,897 64% Advancers 1,861 62%
S&P 500 +24.35 2,784.17 +0.88% Decliners 1,089 36% Decliners 1,130 38%
Russell 2000 +10.55 1,704.60 +0.62% 52 Wk Highs 132   52 Wk Highs 158  
S&P 600 +7.38 1,057.32 +0.70% 52 Wk Lows 14   52 Wk Lows 33  

Healthy Leadership Sustains Market Rally

Stocks finished firmly higher Monday. The Dow added 320 points to 24776, while the S&P 500 climbed 24 points to 2784. The Nasdaq Composite advanced 67 points to 7756. The volume totals reported on the NYSE and Nasdaq exchange were higher than the prior session's totals. Breadth was positive as advancers led decliners by a 5-3 margin on the NYSE and by more than a 3-2 margin on the Nasdaq exchange. There were 44 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 54 on the prior session. New 52-week highs totals solidly outnumbered new 52-week lows on the Nasdaq exchange and on the NYSE. The major indices (M criteria) are in a confirmed uptrend with healthy leadership (stocks hitting new highs). 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 has rebounded above its 200-day and 50-day moving average (DMA) lines. 

The Dow posted its best day in a month as investors overlooked trade related concerns and turn their attention to the upcoming earnings season. Last week, the major averages snapped a two-week losing streak as the Labor Department’s release showed nonfarm payrolls increased by 213,000 in June, extending the longest consecutive job expansion on record, while the unemployment rate remained near an 18-year low. On the data front today, the lone economic release showed May consumer credit ticked up sharply, posting the biggest monthly increase since November 2016.

Seven of 11 S&P 500 sectors ended in positive territory. Financials paced gains, with JP Morgan Chase & Co (JPM +3.1%) and Goldman Sachs (GS +2.8%) rising. Industrials also outperformed as Caterpillar (CAT +4.1%) and Boeing (BA +2.2%) rose. Consumer Staples lagged with Procter & Gamble (PG -1.8%) down after being the subject of an analyst downgrade. Elsewhere, Twitter (TWTR -5.4%) fell following news the rate of account suspensions more than doubled since last October.

Treasuries were weaker with the yield on the benchmark 10-year note up three basis points to 2.86%. In commodities, WTI crude gained 0.4% to $74.08/barrel. COMEX gold added 0.3% to $1259.20/ounce despite a stronger 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.


Financial, Energy, Tech, and Retail Indexes Rose

The Bank Index ($BKX +2.64%), Broker/Dealer Index ($XBD +1.93%) and Retail Index ($RLX +1.27%) posted unanimous gains on Monday. The tech sector had a positive bias as the Biotech Index ($BTK +0.36%), Semiconductor Index ($SOX +0.66%), and the Networking Index ($NWX +0.88%) each posted a modest gain. Energy-linked shares also had a positive bias as the Oil Services Index ($OSX +2.47%) outpaced the Integrated Oil Index ($XOI +1.72%). Meanwhile, the Gold & Silver Index ($XAU -0.56%) was a clear laggard as it finished lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Oil Services Index ($OSX +2.47%) rose back above its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  158.06 +3.81 +2.47% +5.69%
Integrated Oil $XOI  1,536.61 +26.05 +1.72% +15.05%
Semiconductor $SOX  1,358.03 +8.84 +0.66% +8.38%
Networking $NWX  560.96 +4.90 +0.88% +14.36%
Broker/Dealer $XBD  278.10 +5.26 +1.93% +4.85%
Retail $RLX  2,248.58 +28.27 +1.27% +29.69%
Gold & Silver $XAU  83.28 -0.47 -0.56% -2.33%
Bank $BKX  107.08 +2.75 +2.64% +0.35%
Biotech $BTK  5,026.28 +18.22 +0.36% +19.04%


Consolidating Above 50-Day Moving Average

Old Second Bancorp Inc (OSBC +$0.15 or +1.00% to $15.10) volume was higher behind today's gain but totals have been light while recently consolidating near its 50-day moving average (DMA) line ($14.87). Its prior low ($14) and 200 DMA line define the next important support level. 

It stalled after last shown in this FSU section on 5/21/18 with an annotated graph under the headline, "Hit New High Today After Orderly Consolidation". It was highlighted in yellow with pivot point cited based on prior highs plus 10 cents in the earlier mid-day report (read here). It hit a new 52-week high with a big gain backed by +60% above average volume triggering a technical buy signal. It found support above its 200 DMA line during its long and orderly consolidation.

Fundamentals remain strong. Recently it reported earnings +69% on +15% sales revenues for the Mar '18 quarter, marking 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).

The number of top-rated funds owning its shares rose from 166 in Jun '17 to 178 in Mar '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 0.8 is an unbiased indication its shares have been under distributional pressure over the past 50 days. There are only 28.6 million shares (S criteria) in the public float, which can contribute to greater price volatility in the event of institutional buying or selling. Leadership in other Bank stocks is a reassuring sign concerning the L criteria.

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  
$15.10 +0.15
1.00%

$15.20

112,014
140.37% of 50 DAV
50 DAV is 79,800
$15.60
-3.21%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 7/9/2018 5:07:17 PM
Y - Consolidating above its 50 DMA line ($14.87). Its prior low ($14) and 200 DMA line 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average - 7/9/2018
 |  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  
$68.65 +1.07
1.58%

$68.91

220,291
138.63% of 50 DAV
50 DAV is 158,900
$69.48
-1.19%
5/18/2018 $62.91 PP = $67.75
MB = $71.14
Most Recent Note - 7/6/2018 12:19:12 PM
Y - Pulling back today after hitting new all-time highs with a spurt of 3 consecutive volume-driven gains. Recent low ($61.14) defines near-term support where more damaging losses would raise serious concerns. Relative Strength Rating has improved to 77, but remains below the 80+ minimum guideline for buy candidates. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Hit New All-Time High - 7/3/2018
 |  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  
$304.25 +8.83
2.99%

$305.40

442,111
81.57% of 50 DAV
50 DAV is 542,000
$329.65
-7.71%
3/12/2018 $267.79 PP = $263.19
MB = $276.35
Most Recent Note - 7/9/2018 5:12:03 PM
G - Posted a 3rd consecutive gain with below average volume. A rebound above the 50 DMA line ($312) is still needed for its outlook to 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  
$11.33 +0.09
0.80%

$11.33

195,402
107.96% of 50 DAV
50 DAV is 181,000
$11.59
-2.24%
5/30/2018 $10.50 PP = $10.80
MB = $11.34
Most Recent Note - 7/9/2018 5:08:44 PM
Y - Consolidating above the prior high ($10.70 on 4/19/18) and staying well above its 50 DMA line ($10.72) 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  
$130.48 +2.22
1.73%

$131.00

909,577
206.25% of 50 DAV
50 DAV is 441,000
$131.75
-0.96%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 7/5/2018 1:05:28 PM
Y - Color code is changed to yellow with new pivot point cited based on its 5/11/18 high plus 10 cents. Consolidating near its 50 DMA line ($122.55). Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Damaging losses below the recent low ($118.34 on 6/25/18) would raise serious concerns.
>>> 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  
$218.54 +1.75
0.81%

$219.19

642,771
50.77% of 50 DAV
50 DAV is 1,266,000
$222.92
-1.96%
6/18/2018 $219.31 PP = $213.84
MB = $224.53
Most Recent Note - 7/5/2018 1:12:19 PM
Y - Volume totals have been cooling while consolidating in a tight range above its 50 DMA line ($206.63). Perched within striking distance of its 52-week high.
>>> 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  
$200.93 +1.41
0.71%

$201.59

2,296,282
67.36% of 50 DAV
50 DAV is 3,409,000
$204.00
-1.50%
5/2/2018 $184.96 PP = $183.83
MB = $193.02
Most Recent Note - 7/5/2018 1:17:01 PM
G - Encountered distributional pressure after a recent "3-weeks tight" and it is now quietly consolidating above its 50 DMA line (193.15). 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  
$135.52 +1.43
1.07%

$135.97

8,883,113
125.97% of 50 DAV
50 DAV is 7,052,000
$136.69
-0.86%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 7/9/2018 5:29:11 PM
G - Color code is changed to green after rising back above its "max buy" level. Found support above its 50 DMA line ($131.89) and above prior highs in the $126 area.
>>> 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  
$35.18 +0.77
2.24%

$35.19

497,603
71.80% of 50 DAV
50 DAV is 693,000
$36.45
-3.48%
6/15/2018 $35.44 PP = $34.87
MB = $36.61
Most Recent Note - 7/9/2018 5:18:28 PM
Y - Posted a 3rd consecutive gain today with light volume. Stalled after featured in the 6/15/18 mid-day report, yet found support well above its 50 DMA line ($31.44) during the recent consolidation.
>>> 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  
$59.30 +0.65
1.11%

$59.75

231,163
62.99% of 50 DAV
50 DAV is 367,000
$60.28
-1.62%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 7/6/2018 6:05:54 PM
Y - Color code is changed to yellow while consolidating above its 50 DMA line ($56.08) and perched within close striking distance of its pivot point. Subsequent volume-driven gains for new highs may trigger a technical buy signal. The recent low ($53.75 on 6/28/18) and 200 DMA line define important near-term support.
>>> 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  
$733.45 +13.50
1.88%

$733.45

19,127
100.67% of 50 DAV
50 DAV is 19,000
$739.89
-0.87%
7/5/2018 $714.90 PP = $739.99
MB = $776.99
Most Recent Note - 7/6/2018 12:23:51 PM
Y - Perched within close striking distance of its all-time high. Color code was changed to yellow with new pivot point cited based on its 6/04/18 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Volume totals have still been cooling while stubbornly holding its ground perched near its all-time high. Its 50 DMA line ($673) defines important near-term support to watch on pullbacks.
>>> 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  
$277.25 +7.85
2.91%

$277.55

229,344
75.19% of 50 DAV
50 DAV is 305,000
$285.75
-2.97%
5/4/2018 $234.15 PP = $233.23
MB = $244.89
Most Recent Note - 7/5/2018 1:59:01 PM
G - Has not formed a sound base, yet it found support at its 50 DMA line ($251). Below that important short-term average prior highs in the $233 area 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  
$300.55 -2.30
-0.76%

$304.93

61,036
60.43% of 50 DAV
50 DAV is 101,000
$314.60
-4.47%
6/20/2018 $285.80 PP = $314.70
MB = $330.44
Most Recent Note - 7/9/2018 5:15:52 PM
Y - Still quietly consolidating above its 50 DMA line ($295.85). The prior high ($285.70 on 4/26/18) defines the next important support. 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.
>>> 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  
$42.79 +0.67
1.59%

$44.33

1,868,910
81.15% of 50 DAV
50 DAV is 2,303,000
$49.60
-13.73%
5/15/2018 $34.52 PP = $41.57
MB = $43.65
Most Recent Note - 7/9/2018 5:21:48 PM
G - Rebounded near its 50 DMA line ($42.74) after testing prior highs in the $40-41 area. Recently changed its name from China Lodging Group, Ltd to Huazhu Group Ltd.
>>> FEATURED STOCK ARTICLE : At Prior High and Slumping Below 50-Day Average After 4:1 Split - 7/2/2018
 |  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  
$418.97 +10.72
2.63%

$419.12

11,054,236
125.92% of 50 DAV
50 DAV is 8,779,000
$423.21
-1.00%
5/24/2018 $348.85 PP = $338.92
MB = $355.87
Most Recent Note - 7/9/2018 12:15:02 PM
G - Challenging its all-time high, extended from any sound base. Its 50 DMA line ($360) 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  
$278.27 -0.88
-0.32%

$282.20

529,163
89.39% of 50 DAV
50 DAV is 592,000
$293.81
-5.29%
5/21/2018 $248.13 PP = $255.10
MB = $267.86
Most Recent Note - 7/9/2018 5:23:39 PM
G - Has a new CEO effective 7/02/18. Very extended from the latest base. Its 50 DMA line ($263) and prior high ($255 on 4/26/18) define 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  
$101.25 +2.35
2.38%

$101.88

855,081
61.43% of 50 DAV
50 DAV is 1,392,000
$103.99
-2.63%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 7/6/2018 6:11:56 PM
Y - Color code is changed to yellow after a tight consolidation with new pivot point cited base on its 6/13/18 high plus 10 cents. Volume totals have still been cooling. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. 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  
$184.85 +2.69
1.48%

$185.26

1,482,684
86.15% of 50 DAV
50 DAV is 1,721,000
$188.59
-1.98%
5/8/2018 $174.63 PP = $176.66
MB = $185.49
Most Recent Note - 7/9/2018 5:27:44 PM
Y - Rebounded near the "max buy" level and prior highs with a spurt of gains lacking volume conviction. The recent low ($167) defines important near-term support.
>>> 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  
$73.30 -0.15
-0.20%

$74.30

41,795
58.05% of 50 DAV
50 DAV is 72,000
$74.53
-1.65%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 7/5/2018 2:02:08 PM
Y - Quietly matched its all-time high with today's gain. Confirming gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Its 50 DMA line ($63.71) defines near-term support above the prior low ($56.65 on 5/15/18).
>>> 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  
$208.90 -2.26
-1.07%

$212.79

1,229,788
93.45% of 50 DAV
50 DAV is 1,316,000
$217.40
-3.91%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 7/5/2018 1:48:36 PM
Y - Volume totals have been cooling while consolidating above its 50 DMA line ($204.09). 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  
$89.20 -0.10
-0.11%

$91.58

276,760
79.30% of 50 DAV
50 DAV is 349,000
$97.75
-8.75%
4/17/2018 $82.85 PP = $79.50
MB = $83.48
Most Recent Note - 7/5/2018 1:51:20 PM
G - Quietly consolidating above the prior high ($85.00 on 4/18/18) which defines initial support above its 50 DMA line ($81.63).
>>> 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  
$102.15 +0.77
0.76%

$102.78

978,159
53.19% of 50 DAV
50 DAV is 1,839,000
$121.64
-16.02%
5/8/2018 $113.14 PP = $112.76
MB = $118.40
Most Recent Note - 7/9/2018 5:13:28 PM
G - Still quietly consolidating above prior lows in the $96-97 area which define near-term support above its 200 DMA line ($91.88). A rebound above the 50 DMA line (110.43) still is needed for its outlook to 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  
$52.10 -0.30
-0.57%

$52.60

876,355
103.83% of 50 DAV
50 DAV is 844,000
$61.25
-14.94%
6/20/2018 $58.05 PP = $59.15
MB = $62.11
Most Recent Note - 7/9/2018 5:40:33 PM
G - Color code is changed to green while sputtering below its 50 DMA line ($54.05). A prompt rebound above the 50 DMA line is needed for its outlook to improve. Concerns were raised after violating the 50 DMA line and the prior low ($53.10 on 6/14/18). Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base After Spiking Higher - 6/6/2018
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$109.67 +1.37
1.27%

$110.75

1,811,165
105.55% of 50 DAV
50 DAV is 1,716,000
$120.07
-8.66%
5/30/2018 $107.56 PP = $105.68
MB = $110.96
Most Recent Note - 7/9/2018 5:20:04 PM
Y - Consolidating above its 50 DMA line ($105.51). Recent lows in the $101 area define the next important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Gain With +25% Above Average Volume for Best Ever Close - 6/12/2018
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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$79.99 +1.44
1.83%

$80.63

460,475
84.03% of 50 DAV
50 DAV is 548,000
$82.04
-2.50%
5/2/2018 $66.31 PP = $68.85
MB = $72.29
Most Recent Note - 7/6/2018 6:13:21 PM
G - Found prompt support near its 50 DMA line ($75.05). More damaging losses would raise greater concerns. It has not formed a sound base.
>>> FEATURED STOCK ARTICLE : Pullback After Volume-Driven Gains For New Highs - 6/7/2018
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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
LOB - NASDAQ
Live Oak Bancshares Inc
Banks-Southeast  
$32.35 +0.05
0.15%

$32.45

269,744
210.74% of 50 DAV
50 DAV is 128,000
$32.30
0.15%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 7/9/2018 12:08:11 PM
G - Touched a new high after today's early weakness following 6 consecutive gains. Near term support to watch is at its 50 DMA line ($29.88).
>>> 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  
$86.23 +0.29
0.34%

$86.90

5,308,657
65.92% of 50 DAV
50 DAV is 8,053,000
$87.55
-1.51%
5/18/2018 $81.63 PP = $80.89
MB = $84.93
Most Recent Note - 7/6/2018 6:21:44 PM
Y - Finished near its all-time high with today's gain backed by light volume. Found support at its 50 DMA line ($81.11). Disciplined investors will note that since featured on 5/18/18 it has not posted 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  
$72.80 -1.45
-1.95%

$76.80

789,862
91.95% of 50 DAV
50 DAV is 859,000
$77.50
-6.06%
4/10/2018 $62.05 PP = $62.15
MB = $65.26
Most Recent Note - 7/5/2018 5:25:33 PM
G - Consolidating above its 50 DMA line ($69.98) which defines important near-term support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average Line - 7/5/2018
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MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$46.65 +0.21
0.45%

$48.52

5,583,929
115.56% of 50 DAV
50 DAV is 4,832,000
$54.24
-13.99%
6/1/2018 $48.62 PP = $46.79
MB = $49.13
Most Recent Note - 7/5/2018 1:20:44 PM
Y - Found support near its 50 DMA line ($43.52) after a slump below the old high ($46.69 on 8/08/17) and into the prior base raised concerns. Subsequent losses below the recent low ($41.11 on 6/27/18) would raise more serious concerns.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain for New All-Time High - 6/1/2018
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NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$66.40 +1.45
2.23%

$66.77

143,934
70.21% of 50 DAV
50 DAV is 205,000
$68.00
-2.35%
4/17/2018 $60.55 PP = $60.40
MB = $63.42
Most Recent Note - 7/9/2018 5:25:58 PM
G - Color code is changed to green as it rebounds near the prior high with today's 7th consecutive gain. The recent low ($59.25) defines important near-term support.
>>> FEATURED STOCK ARTICLE : Quietly Hovering Near All-Time High - 5/25/2018
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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
BZUN - NASDAQ
Baozun Inc Cl A Ads
Computer Sftwr-Enterprse  
$57.81 +2.37
4.27%

$57.92

2,176,509
85.96% of 50 DAV
50 DAV is 2,532,000
$67.41
-14.24%
5/15/2018 $45.38 PP = $52.43
MB = $55.05
Most Recent Note - 7/9/2018 5:10:19 PM
G - Color code is changed to green after rising back above its "max buy" level. Found support near prior highs in the $52 area while consolidating near its 50 DMA line ($55.77). The recent low ($51.50 on 6/27/18) defines important near-term support.
>>> FEATURED STOCK ARTICLE : Found Support Near Prior Highs and 50 Day Moving Average - 7/6/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$26.24 +0.13
0.50%

$26.54

284,765
48.76% of 50 DAV
50 DAV is 584,000
$32.03
-18.07%
6/20/2018 $30.72 PP = $32.13
MB = $33.74
Most Recent Note - 7/5/2018 1:53:37 PM
G - Still sputtering below its 50 DMA line ($27.15). A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Recent lows in the $23-24 area define important support to watch. 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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