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AFTER MARKET UPDATE - FRIDAY, AUGUST 4TH, 2017
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Indices NYSE Nasdaq
DOW  +66.71 22,092.81 +0.30% Volume 784,939,030 -6% Volume 1,908,116,010 -10%
NASDAQ +11.22 6,351.56 +0.18% Advancers 1,657 57% Advancers 1,806 61%
S&P 500 +4.67 2,476.83 +0.19% Decliners 1,257 43% Decliners 1,168 39%
Russell 2000 +7.09 1,412.32 +0.50% 52 Wk Highs 143   52 Wk Highs 84  
S&P 600 +3.25 854.60 +0.38% 52 Wk Lows 50   52 Wk Lows 70  

Major Indices Rose With Lighter Volume Totals

For the week, the Dow gained 1.2%, the S&P inched up 0.2%, while the Nasdaq slipped 0.4%. Stocks finished higher on Friday. The Dow added 66 points to 22092. The S&P 500 gained 4 points to 2476 and the Nasdaq Composite advanced 11 points to 6351. The volume totals reported were lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Advancers led decliners by a 4-3 margin on the NYSE and 3-2 on the Nasdaq exchange. Leadership improved as there were 51 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 34 on the prior session. New 52-week highs 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 is consolidating near its record high
 
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 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 major averages ended the week on a positive note following a robust jobs update. Non-farm payrolls increased by a seasonally adjusted 209,000 in July, which was above the 180,000 projected by analysts. In addition, average hourly earnings for private-sector workers rose at the fastest pace since October, while the unemployment rate ticked back down to a 16-year low of 4.3%. A separate release showed the U.S. trade deficit narrowed to $43.6 billion in June from $46.5 billion in May.

Eight of 11 sectors in the S&P 500 finished the session in the green. Financials paced the gains in sympathy higher bond yields as Bank of America (BAC +2.46%) and Goldman Sachs (GS +2.59%) both rose. In earnings news, Viacom (VIA -13.8%) fell as cautious management commentary overshadowed its positive profit tally. Yelp (YELP +27.67%) spiked higher amid better-than-expected earnings results and the announcement of a partnership with GrubHub (GRUB +9.06%).

Treasuries retreated after the jobs report with the benchmark 10-year note down 11/32 to yield 2.26%. In commodities, NYMEX WTI crude rebounded 0.9% to $49.49/barrel. COMEX gold was off 0.7% while the U.S. Dollar Index gained 0.5% to pare its weekly loss following the optimistic data.

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, Retail, and Biotechnology Indexes Rose

On Friday the Bank Index ($BKX +0.95%) and Broker/Dealer Index ($XBD +1.10%) both outpaced the Retail Index ($RLX +0.52%). The tech sector was led by the Biotechnology Index ($BTK +0.73%) index while the Semiconductor Index ($SOX +0.06%) finished flat and the Networking Index ($NWX -0.47%) fell. The Gold & Silver Index ($XAU -2.32%) fell while the Oil Services Index ($OSX -0.01%) finished flat and the Integrated Oil Index ($XOI +0.73%) rose. 

Charts courtesy www.stockcharts.com

PICTURED: ThGold & Silver Index ($XAU -2.32%) slumped below its 50-day and 200-day moving average (DMA) lines.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  133.64 -0.02 -0.01% -27.29%
Integrated Oil $XOI  1,150.65 +8.38 +0.73% -9.25%
Semiconductor $SOX  1,079.45 +0.65 +0.06% +19.08%
Networking $NWX  462.91 -2.19 -0.47% +3.77%
Broker/Dealer $XBD  234.42 +2.54 +1.10% +14.19%
Retail $RLX  1,511.99 +7.78 +0.52% +12.58%
Gold & Silver $XAU  82.04 -1.95 -2.32% +4.03%
Bank $BKX  97.22 +0.91 +0.94% +5.92%
Biotech $BTK  3,948.24 +28.64 +0.73% +28.40%


Technical Weakness After Earnings Below System's Guidelines

Mercadolibre Inc (MELI -$31.91 or -10.91% to $260.47) gapped down today and violated its 50-day moving average (DMA) line ($273) triggering a technical sell signal. Volume and volatility often increase near earnings news. Its color code was changed to green. 

MELI reported Jun '17 quarterly earnings -18% on +59% sales revenues, raising fundamental concerns. It was highlighted in yellow in the 6/15/17 mid-day report (read here) and it was last shown in this FSU section on 7/26/17 with an annotated graph under the headline, "Little Resistance Remains While Rebounding Near Prior Highs".

The 2 prior quarterly comparisons were well above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong and steady.

The Latin American Internet - eCommerce firm has seen top-rated funds owning an interest in the company's shares rise from 339 in Jun '16 to 695 in Jun '17, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 provides an unbiased indication that its shares have been under slight accumulation over the past 50 days.

Charts courtesy 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  
$104.68 +2.22
2.17%

$105.13

554,727
74.46% of 50 DAV
50 DAV is 745,000
$115.74
-9.55%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 8/2/2017 6:07:34 PM
G - Testing its 50 DMA line ($102.87) with today's loss. More damaging loses would raise concerns and trigger a technical sell signal. Previously noted - "Faces some resistance due to overhead supply up through the $115 level."
>>> FEATURED STOCK ARTICLE : Still Faces Some Resistance Due to Overhead Supply - 7/20/2017
 |  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  
$24.10 +0.22
0.92%

$24.34

427,580
157.78% of 50 DAV
50 DAV is 271,000
$25.88
-6.88%
6/9/2017 $24.13 PP = $25.98
MB = $27.28
Most Recent Note - 8/4/2017 12:46:26 PM
G - Rebounding above its 50 DMA line ($23.86) with today's 4th consecutive gain. Recently reported earnings +21% on +27% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria). The 200 DMA line ($22.47) and prior lows in the $21 area define the next important support.
>>> 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  
$57.42 -0.23
-0.40%

$58.00

1,078,897
122.19% of 50 DAV
50 DAV is 883,000
$58.95
-2.60%
7/14/2017 $57.67 PP = $59.05
MB = $62.00
Most Recent Note - 8/3/2017 11:38:56 AM
G - Reported Jun '17 quarterly earnings +13% on +16% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Still sputtering below its 50 DMA line ($57.55). More damaging losses 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 
HSKA - NASDAQ
Heska Corporation
DRUGS - Biotechnology  
$98.75 +1.57
1.62%

$99.79

94,139
127.21% of 50 DAV
50 DAV is 74,000
$115.00
-14.13%
7/31/2017 $114.27 PP = $110.35
MB = $115.87
Most Recent Note - 8/2/2017 1:51:31 PM
Y - Retreating from its high toward its 50 DMA line ($99.59). Encountered distributional pressure after highlighted in yellow in the 7/31/17 mid-day report with pivot point cited based on its high hit on 5/01/17 plus 10 cents. Subsequent gains and a strong finish above its pivot point may clinch a convincing technical buy signal. Quarterly and annual earnings (C and A criteria) history has been strong. Small supply of only 6 million shares in the public float (S criteria) can contribute to greater price volatility in the event of institutional buying or selling. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Small Supply of Shares and Closed In Lower Half of Intra-day Range - 7/31/2017
 |  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  
$116.19 -0.26
-0.22%

$117.00

963,512
80.59% of 50 DAV
50 DAV is 1,195,500
$121.75
-4.57%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 8/1/2017 6:30:03 PM
G - Its Relative Strength Rating has slumped to 67, below the 80+ minimum guideline for buy candidates. Color code is changed to green while sputtering below its 50 DMA line ($116.77). Reported Jun '17 quarterly earnings +42% on +11% sales revenues, continuing its strong earnings track record. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal which could mark the beginning of a new leg up.
>>> 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 
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
NTES - NASDAQ
Netease Inc Adr
INTERNET - Internet Information Providers  
$304.47 +2.30
0.76%

$307.44

680,989
57.81% of 50 DAV
50 DAV is 1,178,000
$337.55
-9.80%
6/8/2017 $310.76 PP = $307.62
MB = $323.00
Most Recent Note - 8/4/2017 5:38:49 PM
G - Quietly consolidating near its 50 DMA line ($305.32). Due to report Jun '17 earnings news on Wednesday, 8/09/17. Volume and volatility often increase near earnings news. 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 : Found Recent Support at 50-Day Moving Average Line - 7/21/2017
 |  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
INTERNET - Internet Software and Services  
$211.25 +5.65
2.75%

$214.80

1,161,437
233.69% of 50 DAV
50 DAV is 497,000
$206.90
2.10%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 8/4/2017 12:47:41 PM
G - Reported earnings +61% on +38% sales revenues for the Jun '17 quarter. Extended from any sound base after a considerable "breakaway gap" on the prior session for new 52-week and all-time highs. Its 50 DMA line ($149) defines near-term support above prior lows in the $140-141 area.
>>> 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  
$260.47 -31.91
-10.91%

$272.09

4,299,518
662.48% of 50 DAV
50 DAV is 649,000
$297.95
-12.58%
6/15/2017 $261.73 PP = $297.95
MB = $312.85
Most Recent Note - 8/4/2017 12:35:42 PM
G - Color code was changed to green after reporting Jun '17 quarterly earnings -18% on +59% sales revenues, raising fundamental concerns. Gapped down and violated its 50 DMA line ($273) triggering a technical sell signal.
>>> FEATURED STOCK ARTICLE : Technical Weakness After Earnings Below System's Guidelines - 8/4/2017
 |  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  
$98.96 +1.36
1.39%

$100.48

178,934
75.82% of 50 DAV
50 DAV is 236,000
$103.32
-4.22%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 8/1/2017 6:37:33 PM
G - Touched another new all-time high today then reversed into the red. Very extended from any sound base. Its 50 DMA line ($83.46) defines near-term support. 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 
LMAT - NASDAQ
Lemaitre Vascular Inc
Medical-Products  
$33.16 -0.53
-1.57%

$33.86

371,384
205.18% of 50 DAV
50 DAV is 181,000
$36.09
-8.12%
7/28/2017 $33.50 PP = $33.32
MB = $34.99
Most Recent Note - 8/4/2017 10:51:18 AM
Y - Pulling back near prior highs in the $32-33 area noted as initial support to watch. Disciplined investors avoid chasing extended stocks more than +5% above prior highs, and they always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Big Volume-Driven Gain Following Strong Earnings News - 7/28/2017
 |  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
BEAT - NASDAQ
BioTelemetry Inc
Medical-Services  
$33.95 +0.50
1.49%

$34.05

327,750
75.69% of 50 DAV
50 DAV is 433,000
$35.75
-5.03%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 8/4/2017 5:40:58 PM
G - Due to report Jun '17 quarterly earnings on Tuesday, 8/08/17 after the close. Volume and volatility often increase near earnings news. Its 50 DMA line ($31.69) and prior lows in the $26.50 - $27.00 area define near-term support. Bullish action continued after sub par Mar '17 earnings were repeatedly noted.
>>> 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  
$40.02 +1.64
4.27%

$40.12

1,415,744
345.30% of 50 DAV
50 DAV is 410,000
$39.61
1.04%
7/3/2017 $38.05 PP = $39.60
MB = $41.58
Most Recent Note - 8/4/2017 12:16:43 PM
Y - Touched a new all-time high with above average volume behind today's gain. 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 ($37.40) and prior low ($34.08 on 5/05/17) would raise concerns and trigger technical sell signals. Reported Jun '17 quarterly earnings +35% on +27% sales revenues, continuing its strong earnings track record. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of a New High - 8/1/2017
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MTSI - NASDAQ
M/A-COM Technology Sltn
Elec-Semiconductor Mfg  
$42.16 -1.74
-3.96%

$43.77

1,993,721
211.87% of 50 DAV
50 DAV is 941,000
$65.99
-36.11%
5/16/2017 $52.52 PP = $53.89
MB = $56.58
Most Recent Note - 8/4/2017 10:54:37 AM
Slumping further since it gapped down on 8/02/17 for a damaging volume-driven loss violating its 50 and 200 DMA lines triggering technical sell signals. Reported earnings +40% on +37% sales revenues for the Jun '17 quarter, above the +25% minimum warnings guideline (C criteria), but gave discouraging guidance. Faces resistance due to overhead supply up through the $65 level. It will be dropped from the Featured Stocks list tonight
>>> 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  
$62.12 -0.31
-0.50%

$63.00

736,432
42.13% of 50 DAV
50 DAV is 1,748,000
$68.07
-8.74%
7/24/2017 $65.91 PP = $68.17
MB = $71.58
Most Recent Note - 8/2/2017 1:53:42 PM
G - Color code is changed to green today while undercutting its 50 DMA line ($62.83). More damaging losses would raise greater concerns. Disciplined investors will note that it did not produce the necessary volume-driven gains for a new 52-week high needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Moving Average Line Raises Concerns - 8/2/2017
 |  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  
$172.05 +28.00
19.44%

$175.40

4,997,148
626.99% of 50 DAV
50 DAV is 797,000
$162.97
5.57%
8/4/2017 $173.31 PP = $163.07
MB = $171.22
Most Recent Note - 8/4/2017 10:28:16 AM
Y - Color code is changed to yellow with a new pivot point cited based on its 6/23/17 high plus 10 cents. Today's big "breakaway gap" triggered a technical buy signal after it reported Jun '17 quarterly earnings +81% on +51% sales revenues, continuing its strong earnings history.
>>> 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 
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
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$52.62 +4.37
9.06%

$53.36

7,222,708
379.94% of 50 DAV
50 DAV is 1,901,000
$48.58
8.32%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 8/4/2017 12:21:09 PM
G - Reported earnings +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. Following M&A news it is spiking to new 52-week and all-time highs with today's big gain, and its color code was changed to green after rallying above its "max buy" level.
>>> 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  
$58.70 +5.10
9.51%

$60.00

336,108
268.89% of 50 DAV
50 DAV is 125,000
$55.45
5.86%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 8/4/2017 12:23:09 PM
Y - Hitting a new all-time high with today's big volume-driven gain, triggering a technical buy signal while quickly rallying well above the pivot point and also above its "max buy" level. Reported earnings +48% on +33% sales revenues for the Jun '17 quarter.
>>> 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 
NCOM - NASDAQ
National Commerce Corp
BANKING - Regional - Southeast Banks  
$39.95 +0.35
0.88%

$40.08

23,427
75.57% of 50 DAV
50 DAV is 31,000
$41.25
-3.15%
4/25/2017 $38.95 PP = $40.09
MB = $42.09
Most Recent Note - 8/4/2017 5:33:26 PM
Y - Consolidating above support at its 50 DMA line ($39.30). Subsequent damaging losses violating it or the recent lows would trigger technical sell signals. Reported Jun '17 earnings +23% on +45% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> 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  
$91.08 -7.11
-7.24%

$97.00

688,092
380.16% of 50 DAV
50 DAV is 181,000
$98.33
-7.37%
7/12/2017 $94.95 PP = $97.81
MB = $102.70
Most Recent Note - 8/4/2017 5:30:00 PM
Reported earnings +6% on +18% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Violated its 50 DMA line today triggering a technical sell signal, abruptly retreating from its new 52-week high hit on the prior session. It will be dropped from the Featured Stocks list tonight.
>>> 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  
$46.77 +0.26
0.56%

$47.26

184,984
34.84% of 50 DAV
50 DAV is 531,000
$54.95
-14.89%
6/7/2017 $50.01 PP = $49.35
MB = $51.82
Most Recent Note - 8/4/2017 5:35:15 PM
G - Still sputtering well below its 50 DMA line ($49.35). A rebound above the 50 DMA line is needed for its outlook to improve. Faces some resistance due to overhead supply up through the $54 level.
>>> 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 
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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$45.35 +0.30
0.67%

$45.60

296,193
40.52% of 50 DAV
50 DAV is 731,000
$46.08
-1.57%
7/17/2017 $43.96 PP = $44.18
MB = $46.39
Most Recent Note - 8/1/2017 4:17:06 PM
Y - Touched a new 52-week high today then reversed into the red. 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 ($42.30) 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 
LITE - NASDAQ
Lumentum Holdings Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment  
$58.85 -3.60
-5.76%

$62.35

2,877,982
172.03% of 50 DAV
50 DAV is 1,673,000
$68.63
-14.25%
7/13/2017 $64.15 PP = $67.40
MB = $70.77
Most Recent Note - 8/4/2017 12:31:32 PM
G - Color code was changed to green while slumping below its 50 DMA line ($61.33). Only a prompt rebound above the 50 DMA line would help its outlook improve. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. The prior low ($56.20 on 6/29/17) defines the next important support to watch. Due to report Jun '17 quarterly earnings before the open on Wednesday, 8/09/17.
>>> FEATURED STOCK ARTICLE : High Ranked Telecom - Fiber Optics Firm - 7/13/2017
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MOMO - NASDAQ
Momo Inc.
INTERNET - Content  
$44.05 -0.50
-1.12%

$44.82

2,195,013
37.78% of 50 DAV
50 DAV is 5,809,500
$46.33
-4.92%
7/25/2017 $44.05 PP = $46.05
MB = $48.35
Most Recent Note - 8/2/2017 1:52:47 PM
Y - Touched a new high today then reversed into the red. Still within close striking distance of the new pivot point cited based in 5/22/17 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Consolidating above its 50 DMA line, building on a third-stage 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 : Perched Within Striking Distance of Prior High - 7/25/2017
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HLI - NYSE
Houlihan Lokey Inc Cl A
Finance-Invest Bnk/Bkrs  
$36.39 +0.12
0.33%

$36.56

86,109
47.31% of 50 DAV
50 DAV is 182,000
$39.68
-8.29%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 8/2/2017 6:00:57 PM
G - Retreating further from its all-time high with a loss today on lighter than average volume. Prior highs in the $35-36 area and its 50 DMA line define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Extended Leader Encounters Distributional Pressure - 7/27/2017
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