Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Monday, September 2, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - WEDNESDAY, JULY 19TH, 2017
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +66.02 21,640.75 +0.31% Volume 709,707,680 +2% Volume 1,864,669,830 +6%
NASDAQ +40.73 6,385.04 +0.64% Advancers 2,187 75% Advancers 1,814 64%
S&P 500 +13.22 2,473.83 +0.54% Decliners 725 25% Decliners 1,004 36%
Russell 2000 +14.16 1,441.77 +0.99% 52 Wk Highs 251   52 Wk Highs 221  
S&P 600 +9.98 871.95 +1.16% 52 Wk Lows 19   52 Wk Lows 42  

Nasdaq Composite and S&P 500 Index Both Hit Record Highs

Stocks finished higher on Wednesday. The Dow was up 66 points to 21640. The S&P 500 added 13 points to 2473 and the Nasdaq Composite gained 40 points to 6385. The volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange. Advancers led decliners by a 3-1 margin on the NYSE and by a 9-5 margin on the Nasdaq exchange. There were 72 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 38 on the prior session. New 52-week highs totals expanded 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 hit a new record high with a gain backed by higher volume than the prior session.

The major averages (M criteria) are in a confirmed uptrend. Any sustainable rally requires market leadership (a large number of high-ranked stocks hitting new highs), and the solid new highs totals have been a sign of a healthy market. 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 Nasdaq and S&P 500 advanced on Wednesday, notching fresh record highs as investors digested better-than-expected corporate earnings reports. Morgan Stanley (MS +3.28%) gapped up and challenged its 52-week high as strong quarterly results were driven by a solid performance in investment banking. US Bancorp (USB +0.87%) rose as the regional bank’s net interest income rose 8.5% in the quarter. On the data front, housing starts rose 8.3% in June, above analyst estimates. In a separate release, building permits increased 7.4% last month.

All 11 sectors in the S&P 500 ended in positive territory. Health Care stocks outperformed with Gilead Sciences (GILD +1.44%). Vertex Pharmaceuticals (VRTX +20.83%) after drug trial results showed an improved response in patients suffering from cystic fibrosis. In Technology, ASML Holding (ASML +5.15%) gapped up for a new all-time high as the semiconductor-equipment maker projected sales to grow about 25% this year. IBM (IBM -4.20%) slid after revenue declined for the 21st consecutive quarter. Industrials shares fluctuated with CSX Corp (CSX -5.07%) and United Continental (UAL -5.91%) both suffering large losses.

Treasuries declined with the benchmark 10-year note down 2/32 to yield 2.27%. In commodities, NYMEX WTI crude added 1.5% to $47.11/barrel. In FOREX, the Dollar Index gained 0.2%..

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.


Energy-Linked Groups Led Tech and Retail Indexes Higher

On Wednesday the Retail Index ($RLX +0.48%) posted a modest gain while the Broker/Dealer Index ($XBD +0.16%) inched higher but the Bank Index ($BKX -0.43%) fellThe tech sector was mostly positive as the Semiconductor Index ($SOX +0.89%) and Biotechnology Index ($BTK +1.37%) both were outpaced by the Networking Index ($NWX +2.08%) The Oil Services Index ($OSX +4.32%) outpaced the Integrated Oil Index ($XOI +1.49%) while thGold & Silver Index ($XAU +0.26%) posted a smaller gain.

Charts courtesy www.stockcharts.com

PICTURED: ThOil Services Index ($OSX +4.32%) posted a big gain and rallied above its 200-day moving average (DMA) line for the first time since late January.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  140.01 +5.80 +4.32% -23.82%
Integrated Oil $XOI  1,133.12 +16.61 +1.49% -10.64%
Semiconductor $SOX  1,113.18 +9.83 +0.89% +22.80%
Networking $NWX  461.08 +9.40 +2.08% +3.36%
Broker/Dealer $XBD  229.89 +0.36 +0.16% +11.99%
Retail $RLX  1,518.44 +7.29 +0.48% +13.06%
Gold & Silver $XAU  82.61 +0.21 +0.25% +4.76%
Bank $BKX  95.21 -0.41 -0.43% +3.73%
Biotech $BTK  3,961.60 +53.56 +1.37% +28.83%


50-Day Moving Average Violation Triggers Technical Sell Signal

Healthequity Inc (HQY -$0.79 or -1.61% to $48.30) undercut prior highs in the $49 area and violated its 50-day moving average (DMA) line ($48.82) trigger technical sell signals with a loss on higher volume indicative of distributional pressure. Only a prompt rebound above the 50 DMA line would help its outlook improve.

HQY was last shown in this FSU section on 6/07/17 with an annotated graph under the headline, "High Volume Breakout Quickly Getting Extended". It was highlighted with a pivot point cited based on its 1/24/17 high plus 10 cents in the 6/07/17 mid-day report (read here).  It reported earnings +27% on +26% sales revenues for the Apr '17 quarter, and 3 of the past 4 quarterly comparisons had earnings increases above the +25% minimum guideline (C criteria). It completed yet another Secondary Offering on 10/20/16. Completed its $14 IPO on 7/31/14 followed by an additional Public Offering on 5/05/15 and a Secondary Offering on 9/23/15.

The number of top-rated funds owning its shares rose from 337 in Sep '16 to 404 in Jun '17, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.6 is also an unbiased indication its shares have been under accumulation over the past 50 days. It has a fairly small supply of only 48.6 million shares (S criteria) outstanding, which can contribute to greater price volatility in the event of institutional buying or selling. It currently has a Timeliness Rating of B and a Sponsorship Rating of B. The Commercial Services - Outsourcing industry group currently has a mediocre Group Relative Strength Rating of 58, however there are other strong leaders in the group hitting new highs, a reassuring sign concerning the L criteria.  

Charts used 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
THO - NYSE
Thor Industries Inc
AUTOMOTIVE - Recreational Vehicles  
$104.79 +0.81
0.78%

$105.29

449,973
55.48% of 50 DAV
50 DAV is 811,000
$115.74
-9.46%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 7/14/2017 3:03:21 PM
G - Color code is changed to green after quietly rebounding above its "max buy" level. Faces resistance due to overhead supply up through the $115 level.
>>> 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  
$23.65 -0.20
-0.84%

$23.96

71,249
24.40% of 50 DAV
50 DAV is 292,000
$25.88
-8.62%
6/9/2017 $24.13 PP = $25.98
MB = $27.28
Most Recent Note - 7/14/2017 3:00:58 PM
Y - Still quietly consolidating near its 50 DMA line ($23.74) and perched 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. "
>>> FEATURED STOCK ARTICLE : Florida Bank Perched -6.6% Off All-Time High - 7/6/2017
 |  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  
$58.19 +0.55
0.95%

$58.55

1,046,439
112.28% of 50 DAV
50 DAV is 932,000
$58.95
-1.29%
7/14/2017 $57.67 PP = $59.05
MB = $62.00
Most Recent Note - 7/14/2017 2:59:47 PM
Y - New pivot point is cited based on its 6/05/17 high plus 10 cents. Volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Volume totals have generally been cooling while consolidating above its 50 DMA line ($57.33). More damaging losses below the recent low ($56.14 on 7/06/17) would raise greater concerns and trigger a worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Found Prompt Support at 50-Day Moving Average Line - 7/7/2017
 |  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  
$119.04 +2.55
2.19%

$119.48

1,556,003
139.03% of 50 DAV
50 DAV is 1,119,200
$121.75
-2.23%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 7/19/2017 6:30:45 PM
Y - Posted a big gain today with above average volume, rallying from support at its 50 DMA line ($115.91). Color code was changed to yellow with new pivot point based on its 10/10/16 all-time high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal which could mark the beginning of a considerable new leg up. Volume totals have been mostly below average in recent weeks while holding its ground in a tight range.
>>> 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 
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$306.96 -2.25
-0.73%

$317.75

1,039,542
75.38% of 50 DAV
50 DAV is 1,379,000
$337.55
-9.06%
6/8/2017 $310.76 PP = $307.62
MB = $323.00
Most Recent Note - 7/17/2017 5:23:31 PM
Y - Fell near its 50 DMA line ($297.70) which recently acted as support. 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 
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
STMP - NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services  
$146.80 +0.30
0.20%

$149.35

230,610
39.76% of 50 DAV
50 DAV is 580,000
$156.40
-6.14%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 7/17/2017 5:25:14 PM
Y - Fell below its "max buy" level with today's big volume-driven loss and its color code is changed to yellow. Its prior high ($136 on 2/22/17) defines near term support along with its 50 DMA line ($137).
>>> FEATURED STOCK ARTICLE : Pulling Back After Getting Extended From Prior Base - 7/5/2017
 |  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  
$280.56 +0.32
0.11%

$281.48

518,596
76.15% of 50 DAV
50 DAV is 681,000
$297.95
-5.84%
6/15/2017 $261.73 PP = $297.95
MB = $312.85
Most Recent Note - 7/18/2017 4:14:48 PM
G - Recently rebounded above its 50 DMA line ($273) helping its outlook to improve. Faces resistance due to overhead supply up to the $298 level.
>>> 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  
$94.33 +1.81
1.96%

$94.48

333,276
130.70% of 50 DAV
50 DAV is 255,000
$93.06
1.36%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 7/18/2017 12:20:18 PM
G - Rallying from a late-stage base and hitting another new all-time high with today's 3rd consecutive gain on ever increasing volume. Found prompt support at its 50 DMA line ($79.50) during its ongoing ascent. The prior low ($75.01 on 6/15/17) defines the next support level to watch. Sub par sales revenues growth was recently noted among concerns, however, earnings increases through the Mar '17 quarter have been strong versus the year-ago periods.
>>> 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  
$35.25 +0.55
1.59%

$35.60

508,331
107.93% of 50 DAV
50 DAV is 471,000
$35.40
-0.42%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 7/17/2017 11:55:45 AM
G - Hit another new high today following a big gain in the prior session with twice average volume. Its 50 DMA line ($30.02) and prior lows in the $26.50 - $27.00 area define near-term support levels to watch. Raised fundamental concerns with sub par Mar '17 earnings that were repeatedly noted. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : New Highs on Twice Average Volume; Fundamental Concerns Remain - 7/14/2017
 |  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  
$38.97 -0.10
-0.26%

$39.37

347,707
73.82% of 50 DAV
50 DAV is 471,000
$39.61
-1.62%
7/3/2017 $38.05 PP = $39.60
MB = $41.58
Most Recent Note - 7/14/2017 3:30:02 PM
Y - Holding its ground stubbornly after it touched a new high on 7/10/17 but reversed into the red. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Losses below the 50 DMA line ($36.77) and prior low ($34.08 on 5/05/17) would raise concerns and trigger technical sell signals.
>>> 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 
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
MTSI - NASDAQ
Macom Tech Solution Hldg
Elec-Semiconductor Mfg  
$60.78 +1.28
2.15%

$61.00

608,755
72.99% of 50 DAV
50 DAV is 834,000
$62.75
-3.14%
5/16/2017 $52.52 PP = $53.89
MB = $56.58
Most Recent Note - 7/18/2017 4:04:37 PM
G - Pulled back today while perched within striking distance of prior highs after recent gains lacking great volume conviction. Found support near its 50 DMA line ($56.82) recently. Subsequent losses leading to a violation would raise concerns and trigger a technical sell signal.
>>> 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  
$63.74 +0.66
1.05%

$64.43

1,031,721
57.22% of 50 DAV
50 DAV is 1,803,000
$68.07
-6.36%
3/16/2017 $49.00 PP = $48.05
MB = $50.45
Most Recent Note - 7/14/2017 3:05:05 PM
G - Found support at its 50 DMA line ($61.10) during its recent consolidation. Below that important short-term average the recent low ($56.94 on 6/12/17) defines the next important 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  
$157.63 +1.64
1.05%

$159.00

441,481
56.31% of 50 DAV
50 DAV is 784,000
$162.97
-3.28%
4/17/2017 $132.75 PP = $135.27
MB = $142.03
Most Recent Note - 7/18/2017 4:53:57 PM
G - Quietly holding its ground above its 50 DMA line ($150), extended from any sound base. Prior low ($143.00 on 6/12/17) defines the next important support level to watch. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Networking Firm Consolidating Above 50-Day Moving Average Line - 7/18/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$45.53 +0.02
0.04%

$46.09

1,413,258
74.23% of 50 DAV
50 DAV is 1,904,000
$47.84
-4.83%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 7/18/2017 4:09:32 PM
Y - Volume totals have been cooling and stubbornly held its ground since gapping up above its 50 DMA line ($44.22) on 7/12/17 helping its outlook improve. Endured distributional pressure recently after it briefly rose above the new pivot point cited based on its 5/08/17 high plus 10 cents. Members were previously reminded - "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 : Found Prompt Support at 50-Day Moving Average - 6/30/2017
 |  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  
$52.15 +1.00
1.96%

$52.45

101,825
69.27% of 50 DAV
50 DAV is 147,000
$55.45
-5.95%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 7/17/2017 5:16:33 PM
Y - Volume totals have been light in recent weeks while finding support at its 50 DMA line ($51.19), consolidating within close striking distance of its 52-week high. Subsequent volume-driven gains above the pivot point may trigger a new technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Volume Cooling While Staying Above 50-Day Moving Average Line - 7/17/2017
 |  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
NCOM - NASDAQ
National Commerce Corp
BANKING - Regional - Southeast Banks  
$39.55 -0.15
-0.38%

$40.50

9,542
29.82% of 50 DAV
50 DAV is 32,000
$41.25
-4.12%
4/25/2017 $38.95 PP = $40.09
MB = $42.09
Most Recent Note - 7/14/2017 3:26:03 PM
Y - Stubbornly holding its ground since hitting a new 52-week high with a gain on 7/04/17 backed by average volume. Its 50 DMA line ($38.82) and recent lows define near-term support in the $37-38 area.
>>> FEATURED STOCK ARTICLE : Recent Breakout Lacked Great Volume Conviction - 7/10/2017
 |  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  
$96.18 +1.76
1.86%

$96.55

109,300
56.34% of 50 DAV
50 DAV is 194,000
$97.71
-1.57%
4/17/2017 $76.77 PP = $80.04
MB = $84.04
Most Recent Note - 7/18/2017 4:13:01 PM
Y - Color code was changed to yellow with new pivot point cited based on its 6/22/17 high as it formed an advanced "3-weeks tight" base. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Near-term support is its 50 DMA line ($90.38).
>>> FEATURED STOCK ARTICLE : In Tight Range Near All-Time High With Volume Totals Cooling - 7/12/2017
 |  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  
$48.30 -0.79
-1.61%

$49.25

749,546
148.42% of 50 DAV
50 DAV is 505,000
$54.95
-12.10%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 7/19/2017 6:27:11 PM
G - Color code is changed to green after a loss today with higher volume undercut prior lows and violated its 50 DMA line ($48.82) triggering technical sell signals. 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 : 50-Day Moving Average Violation Triggers Technical Sell Signal - 7/19/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PLAY - NASDAQ
Dave & Buster's Ent Inc
Retail-Restaurants  
$66.71 +0.74
1.12%

$66.88

266,505
39.02% of 50 DAV
50 DAV is 683,000
$73.48
-9.21%
2/23/2017 $55.41 PP = $58.35
MB = $61.27
Most Recent Note - 7/14/2017 3:28:25 PM
G - A rebound above its 50 DMA line ($67.06) is still needed for its outlook to improve. Damaging losses below the recent low ($64.26 on 7/07/17) would raise greater concerns and trigger a worrisome technical sell signal.
>>> 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  
$43.05 -1.15
-2.60%

$44.65

578,662
76.24% of 50 DAV
50 DAV is 759,000
$44.68
-3.64%
7/17/2017 $43.96 PP = $44.18
MB = $46.39
Most Recent Note - 7/19/2017 6:29:09 PM
Y - Pulled back today after recent gains lacking volume conviction. A new pivot point was cited based on its 6/02/17 high plus 10 cents. Subsequent gains and a 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 ($41.42) defines support above recent lows in the $37-38 area.
>>> 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 
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
LITE - NASDAQ
Lumentum Holdings Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$61.55 +0.85
1.40%

$62.25

1,897,605
117.94% of 50 DAV
50 DAV is 1,609,000
$67.30
-8.54%
7/13/2017 $64.15 PP = $67.40
MB = $70.77
Most Recent Note - 7/17/2017 5:28:30 PM
Y - Ended near the session low today with a big loss on near average volume. Highlighted in yellow with new pivot point cited based on its 6/09/17 high plus 10 cents in the 7/13/17 mid-day report. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Near-term support is at its 50 DMA line ($58.70) and prior highs in the $55 area.
>>> FEATURED STOCK ARTICLE : High Ranked Telecom - Fiber Optics Firm - 7/13/2017
 |  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  
$42.00 +0.00
0.00%

$42.75

4,332,908
61.27% of 50 DAV
50 DAV is 7,072,000
$45.95
-8.60%
3/7/2017 $29.71 PP = $27.83
MB = $29.22
Most Recent Note - 7/17/2017 5:19:52 PM
G - Consolidating above its 50 DMA line ($39.15), building on a new base. 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  
$36.98 +0.16
0.43%

$37.20

208,626
118.54% of 50 DAV
50 DAV is 176,000
$37.25
-0.72%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 7/18/2017 4:11:18 PM
Y - Perched near its "max buy" level, stubbornly holding its ground. Its 50 DMA line ($34.73) defines important near-term support to watch.
>>> FEATURED STOCK ARTICLE : Gapped Up and Nearly Challenged Prior High - 6/19/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us