For the week, the Dow fell -0.8%. The S&P 500 finished virtually unchanged on the week while the NASDAQ rose +0.4%.  Behind Friday's losses the volume totals were lighter than the prior session volume totals on the NYSE and on the Nasdaq exchange, a slightly reassuring sign that the institutional crowd did not increase their selling efforts. Breadth was negative as decliners led advancers by a 2-1 margin on the NYSE and on the Nasdaq exchange. Leadership contracted as there were 26 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 total of 57 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE, but new lows had a slight lead over new highs on the Nasdaq exchange. There were gains for 5 of the 14 of the high-ranked companies currently included on the Featured Stocks Page. The market (M criteria) uptrend recently faced pressure, however a healthy level of leadership has been reassuring.  Disciplined investors limit losses and reduce market exposure during rough market periods by selling any stocks which fall more than -7% from their purchase price.

The Retail Index ($RLX -2.36%) slumped and was a negative influence in the major averages on Friday while the Broker/Dealer Index ($XBD -0.76%) suffered a smaller loss and the Bank Index ($BKX +0.17%) eked out a small gain. The Semiconductor Index ($SOX -1.98%) led the tech sector lower while the Biotechnology Index ($BTK -0.65%) and the Networking Index ($NWX -0.65%) both ended with modest losses. Weakness in energy-related shares led the Integrated Oil Index ($XOI -0.70%) and the Oil Services Index ($OSX -0.40%) slightly lower. The Gold & Silver Index ($XAU +3.07%) was a standout gainer.

Charts courtesy www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU +3.07%) was a standout gainer, consolidating above its 50-day and 200-day moving average (DMA) lines.

It was last shown in this FSU section on 7/07/14 under the headline, "Great Ranks and Reassuring Leadership in Chemical Group". The Chemicals - Basic industry group has a Group Relative Strength rating of 81 and strong action and leadership from others in the group is a reassuring sign concerning the L criteria. It reported +28% earnings on +19% sales for the Mar '14 quarter, and it has earned great ranks as its quarterly earnings increases have been above the +25% minimum (C criteria).  Its annual earnings growth rate (A criteria) has also been strong after a downturn in FY '08 and '09. The number of top-rated funds owning its shares rose from 381 in Sep '13 to 446 in Jun '14, a reassuring trend concerning the I criteria.  The small supply of only 40 million shares (S criteria) in the public float is ideal, while it can contribute to greater price volatility in the event of new institutional buying or selling.

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	$217.45	-1.23 -0.56%	$219.59	1,361,871 63.79% of 50 DAV 50 DAV is 2,135,000	$230.77 -5.77%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 7/22/2014 7:17:36 PM Y - Found support while consolidating above its 50 DMA line ($214.40), 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 : Disciplined Investors Still Awaiting Technical Breakout - 7/16/2014 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	$42.29	-0.06 -0.14%	$42.43	352,387 60.03% of 50 DAV 50 DAV is 587,000	$47.10 -10.21%	5/21/2014	$44.85	PP = $44.85
								MB = $47.09
Most Recent Note - 7/23/2014 5:49:03 PM G - Still sputtering below its 50 DMA line which recently acted as resistance. Faces resistance due to overhead supply up through the $47 level. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Line Acted as Recent Resistance - 7/23/2014 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
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$56.71	+0.35 0.62%	$57.00	483,400 53.71% of 50 DAV 50 DAV is 900,000	$58.23 -2.61%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 7/23/2014 4:29:08 PM G - Hit another new high with below average volume behind today's 4th consecutive gain, getting more extended from its prior base while wedging higher. >>> FEATURED STOCK ARTICLE : Strength Returned After Shake-Out and Positive Reversal - 7/21/2014 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	$162.36	+1.38 0.86%	$162.68	389,286 105.50% of 50 DAV 50 DAV is 369,000	$167.36 -2.99%	6/19/2014	$158.52	PP = $159.91
								MB = $167.91
Most Recent Note - 7/22/2014 12:54:24 PM Y - Rallying with higher volume after finding prompt support at its 50 DMA line, and its color code is changed to yellow. Faces some resistance due to overhead supply up through the $167 level. >>> FEATURED STOCK ARTICLE : Slump Into Prior Base Negated Recent Breakout - 7/14/2014 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
EQM - NYSE E Q T Midstream Partners ENERGY - Oil and Gas Pipelines	$92.36	-1.27 -1.36%	$93.70	251,602 78.87% of 50 DAV 50 DAV is 319,000	$102.51 -9.90%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 7/23/2014 4:11:34 PM G - Still consolidating in an orderly fashion well above its 50 DMA line. Strength has continued despite fundamental flaws repeatedly noted. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Consolidating Near Highs - 7/17/2014 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
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
FB - NASDAQ Facebook Inc Cl A INTERNET	$75.19	+0.21 0.28%	$75.67	45,779,618 100.65% of 50 DAV 50 DAV is 45,485,000	$76.74 -2.02%	7/24/2014	$76.00	PP = $72.69
								MB = $76.32
Most Recent Note - 7/24/2014 6:19:31 PM Y - Finished strong after highlighted in yellow with pivot point cited based on its 3/11/14 high plus 10 cents in the earlier mid-day report (read here). The "breakaway gap" with nearly 3 times average volume followed strong earnings news for the Jun '14 quarter and triggered a technical buy signal. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Breakaway Gap May Signal Beginning of Meaningful Rally - 7/24/2014 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
GRFS - NASDAQ Grifols Sa Cl B Ads Medical-Ethical Drugs	$42.05	-0.02 -0.05%	$42.58	283,766 42.23% of 50 DAV 50 DAV is 672,000	$46.66 -9.88%	5/15/2014	$41.14	PP = $43.55
								MB = $45.73
Most Recent Note - 7/22/2014 7:16:10 PM G - Encountered resistance at its 50 DMA line, and a rebound above that important short-term average is needed for its outlook to improve. A subsequent violation of its recent low ($39.86 on 7/10/14) would raise more serious concerns and trigger more worrisome sell signals. Faces resistance due to overhead supply up through the $46 area. >>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Triggered Technical Sell Signal - 7/9/2014 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	$34.61	-0.33 -0.94%	$34.76	133,069 68.95% of 50 DAV 50 DAV is 193,000	$38.23 -9.47%	6/20/2014	$34.60	PP = $36.16
								MB = $37.97
Most Recent Note - 7/23/2014 4:17:02 PM Y - Still testing support at its 50 DMA line ($34.21) and recent lows ($33.91 on 7/18/14) where further deterioration would raise greater concerns. >>> FEATURED STOCK ARTICLE : Slump Into Prior Base Negated Recent Breakout - 7/15/2014 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	$42.68	+0.02 0.05%	$43.62	583,734 122.89% of 50 DAV 50 DAV is 475,000	$44.81 -4.75%	6/5/2014	$43.54	PP = $43.44
								MB = $45.61
Most Recent Note - 7/23/2014 4:25:27 PM G - Up today with heavy volume, rising to its 50 DMA line. Faces some additional resistance due to overhead supply up through the $44 level. >>> FEATURED STOCK ARTICLE : Slump Below 50-Day Moving Average Line Hurt Outlook - 7/11/2014 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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$83.04	-1.09 -1.30%	$84.04	1,750,432 97.25% of 50 DAV 50 DAV is 1,800,000	$85.78 -3.19%	5/29/2014	$75.95	PP = $72.50
								MB = $76.13
Most Recent Note - 7/24/2014 6:22:59 PM G - Finished at a best-ever close and near the session higher with today's gain on higher volume. Its 50 DMA line and prior highs define important support where subsequent violations would raise serious concerns and trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Found Support Above 50-Day Average Near Prior Highs - 7/22/2014 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
TARO - NYSE Taro Pharmaceutical Inds DRUGS - Drug Manufacturers - Other	$143.44	-1.27 -0.88%	$145.46	32,323 46.84% of 50 DAV 50 DAV is 69,000	$149.89 -4.30%	6/26/2014	$117.31	PP = $118.90
								MB = $124.85
Most Recent Note - 7/23/2014 4:27:29 PM G - Stubbornly holding its ground after tallying big gains following its recent breakout, an encouraging sign. Disciplined investors avoid chasing stocks more than +5% above prior highs. >>> FEATURED STOCK ARTICLE : Big Gains in First 2-3 Weeks After Breakout an Encouraging Sign - 7/18/2014 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
TRN - NYSE Trinity Industries Inc TRANSPORTATION - Railroads	$45.35	-0.13 -0.29%	$45.70	2,133,877 70.92% of 50 DAV 50 DAV is 3,009,000	$46.29 -2.03%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 7/23/2014 4:31:08 PM G - Touched a new 52-week high today then erased most of its gain to close near the session low. It is extended from its prior base. Its 50 DMA line defines important near-term support to watch. >>> 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
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$69.11	-0.44 -0.63%	$70.94	4,191,639 155.02% of 50 DAV 50 DAV is 2,704,000	$70.25 -1.62%	7/10/2014	$58.50	PP = $60.79
								MB = $63.83
Most Recent Note - 7/25/2014 12:48:38 PM G - Color code is changed to green. Reported earnings +0% on +34% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria), yet the company raised its guidance. Holding its ground at its 52-week high today following a considerable "breakaway gap" on the prior session with more than 4 times average volume. A breakaway gap is the one noted exception where investors may chase a stock more than +5% above prior highs, however risk increases. >>> FEATURED STOCK ARTICLE : Forming Handle on Cup-With-Handle Base Pattern - 7/10/2014 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	$91.25	+1.47 1.64%	$91.80	771,502 139.51% of 50 DAV 50 DAV is 553,000	$90.00 1.39%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 7/25/2014 6:39:03 PM G - Hit another new 52-week high with today's 8th consecutive gain, getting more 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 : Extended From Prior Base After Streak of 8 Consecutive Gains - 7/25/2014 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