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AFTER MARKET UPDATE - TUESDAY, AUGUST 8TH, 2017
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Indices NYSE Nasdaq
DOW  -33.08 22,085.34 -0.15% Volume 772,269,400 +4% Volume 1,931,582,140 +14%
NASDAQ -13.31 6,370.46 -0.21% Advancers 1,061 37% Advancers 1,216 44%
S&P 500 -5.99 2,474.92 -0.24% Decliners 1,844 63% Decliners 1,577 56%
Russell 2000 -4.02 1,410.15 -0.28% 52 Wk Highs 145   52 Wk Highs 139  
S&P 600 -3.27 851.48 -0.38% 52 Wk Lows 61   52 Wk Lows 64  

Major Indices Ended Lower Yet Leadership Improved

Stocks finished lower on Tuesday. The Dow fell 32 points to 22085. The S&P 500 lost 5 points to 2474 and the Nasdaq Composite declined 13 points to 6370. The volume totals reported were lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Decliners led advancers by a 9-5 margin on the NYSE and by 4-3 on the Nasdaq exchange. Leadership improved as there were 55 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 40 on the prior session. New 52-week highs totals expanded and solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.
Charts used courtesy of www.stockcharts.com


PICTURED: The Nasdaq Composite Index is consolidating above its prior 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 Dow Jones industrial average and the S&P 500 notched record highs on Tuesday, but began retreating with less than an hour to go in the session. In economic news, a survey by the NFIB showed small business optimism unexpectedly rose in July. In a separate release, the Labor Department’s Job Openings and Labor Turnover survey showed job openings increased to 5.77 million in June, up from 5.66 million in May.

Nine of 11 sectors in the S&P 500 closed in negative territory with bond proxy utilities being the lone outperformer. Healthcare was the worst performer on the day as shares of Depomed (DEPO -33.48%) fell amid lowered guidance and negative analyst commentary. In the consumer space, Avis Budget Group (CAR -9.88%) following dismal earnings and pricing pressures. Elsewhere, retailers outperformed with Michael Kors (KORS +21.54%) and Ralph Lauren (RL +13.28%) rallying as each company beat Wall Street projections on the top and bottom line.

Treasuries were broadly weaker with the benchmark 10-year note off 4/32 to yield 2.27%. In commodities, NYMEX WTI crude edged lower by 0.6% to $49.11/barrel in spite of Saudi efforts to curb supply to Asia. In FOREX, the Dollar Index advanced 0.8%.

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.


Tech, Retail, and Commodity-Linked Groups Fell

On Tuesday the Bank Index ($BKX +0.16%) inched higher but the Broker/Dealer Index ($XBD -0.93%) ended in the red along with the Retail Index ($RLX -0.24%). The tech sector had a negative bias as the Semiconductor Index ($SOX -0.41%), Biotechnology Index ($BTK -1.61%) and the Networking Index ($NWX -0.32%) posted losses. The Oil Services Index ($OSX -1.87%) outpaced the Integrated Oil Index ($XOI -0.08%) and the Gold & Silver Index ($XAU -0.27%) to the downside. 

Charts courtesy www.stockcharts.com

PICTURED: ThBiotechnology Index ($BTK -1.61%) is consolidating above its 50-day moving average (DMA) line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  127.64 -2.44 -1.88% -30.55%
Integrated Oil $XOI  1,141.92 -0.88 -0.08% -9.94%
Semiconductor $SOX  1,093.77 -4.48 -0.41% +20.66%
Networking $NWX  462.45 -1.46 -0.32% +3.67%
Broker/Dealer $XBD  232.07 -2.17 -0.93% +13.05%
Retail $RLX  1,514.91 -3.70 -0.24% +12.80%
Gold & Silver $XAU  81.71 -0.22 -0.27% +3.61%
Bank $BKX  97.09 +0.15 +0.15% +5.77%
Biotech $BTK  3,907.72 -64.03 -1.61% +27.08%


Spiked Into New High Territory Despite Sub Par Earnings News

Grubhub Inc (GRUB (-$0.87 or -1.53% to $56.09) pulled back today after spiking to new 52-week and all-time highs with 3 consecutive volume-driven gains. Its color code was changed to green after rallying well above its "max buy" level, getting very extended from any sound base. 

It recently reported earnings +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. Only 2 of the past four quarterly earnings were above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been very strong since the high ranked Internet Content firm completed a new Public Offering on 9/03/14.

GRUB was last shown in this FSU section on 6/30/17 with an annotated graph under the headline, "Found Prompt Support at 50-Day Moving Average". It was highlighted in yellow with pivot point cited based on its 9/29/16 high plus 10 cents in the 4/28/17 mid-day report (read here). 

The number of top-rated funds owning its shares rose from 318 in Jun '16 to 397 in Jun '17, a reassuring sign concerning the I criteria. The current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. It has a fairly small supply of only 83.6 million shares (S criteria) outstanding, which can contribute to greater price volatility in the event of institutional buying or selling.

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  
$104.75 -0.56
-0.53%

$105.64

330,403
44.59% of 50 DAV
50 DAV is 741,000
$115.74
-9.49%
6/7/2017 $102.95 PP = $98.92
MB = $103.87
Most Recent Note - 8/8/2017 7:07:01 PM
G - Found support near its 50 DMA line ($103.84) last week. 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  
$23.98 -0.02
-0.08%

$24.24

127,841
46.32% of 50 DAV
50 DAV is 276,000
$25.88
-7.34%
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  
$57.03 -0.54
-0.94%

$57.70

803,105
90.34% of 50 DAV
50 DAV is 889,000
$58.95
-3.26%
7/14/2017 $57.67 PP = $59.05
MB = $62.00
Most Recent Note - 8/8/2017 7:08:35 PM
G - Met resistance at its 50 DMA line ($57.53) recently while rebounding. More damaging losses would raise greater concerns and trigger a worrisome technical sell signal. Reported Jun '17 quarterly earnings +13% on +16% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> 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  
$101.66 +1.27
1.27%

$102.65

52,324
70.71% of 50 DAV
50 DAV is 74,000
$115.00
-11.60%
7/31/2017 $114.27 PP = $110.35
MB = $115.87
Most Recent Note - 8/8/2017 7:00:23 PM
Y - Found prompt support near its 50 DMA line ($99.65). 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. 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.
>>> 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  
$116.16 -0.32
-0.27%

$117.29

976,924
81.74% of 50 DAV
50 DAV is 1,195,100
$121.75
-4.59%
7/11/2017 $117.23 PP = $121.85
MB = $127.94
Most Recent Note - 8/7/2017 5:04:22 PM
G - Perched within striking distance of its 52-week high but its Relative Strength Rating has slumped to 75, below the 80+ minimum guideline for buy candidates. Still lingering below its 50 DMA line ($116.92). 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Near 50-Day Moving Average Line, Yet Not Far Off High - 8/7/2017
 |  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  
$309.22 +1.41
0.46%

$313.15

1,251,228
107.96% of 50 DAV
50 DAV is 1,159,000
$337.55
-8.39%
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  
$212.70 -0.75
-0.35%

$217.40

608,265
122.63% of 50 DAV
50 DAV is 496,000
$220.25
-3.43%
5/24/2017 $133.10 PP = $136.10
MB = $142.91
Most Recent Note - 8/7/2017 12:40:59 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 8/03/17 for new 52-week and all-time highs. Its 50 DMA line ($150) 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  
$251.92 -4.25
-1.66%

$259.17

853,928
114.95% of 50 DAV
50 DAV is 742,900
$297.95
-15.45%
6/15/2017 $261.73 PP = $297.95
MB = $312.85
Most Recent Note - 8/7/2017 12:31:49 PM
G - Slumping further today after a gap down on the prior session violated its 50 DMA line ($273) triggering a technical sell signal. Color code was changed to green after reporting Jun '17 quarterly earnings -18% on +59% sales revenues, raising fundamental concerns.
>>> 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  
$105.30 -0.31
-0.29%

$105.49

394,646
163.75% of 50 DAV
50 DAV is 241,000
$106.35
-0.99%
9/29/2016 $46.12 PP = $47.82
MB = $50.21
Most Recent Note - 8/7/2017 5:06:46 PM
G - Hit yet another new all-time high today, getting very extended from any sound base. Its 50 DMA line ($85.35) 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  
$34.06 +0.11
0.32%

$34.64

200,834
107.40% of 50 DAV
50 DAV is 187,000
$36.09
-5.62%
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  
$35.25 +0.10
0.28%

$36.50

663,751
155.08% of 50 DAV
50 DAV is 428,000
$35.75
-1.40%
2/14/2017 $25.10 PP = $24.55
MB = $25.78
Most Recent Note - 8/7/2017 5:11:15 PM
G - Perched near its 52-week and all-time highs and no resistance remains due to overhead supply. 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 ($31.82) 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  
$39.44 -1.22
-3.00%

$39.99

2,977,547
657.30% of 50 DAV
50 DAV is 453,000
$41.44
-4.83%
7/3/2017 $38.05 PP = $39.60
MB = $41.58
Most Recent Note - 8/8/2017 11:54:36 AM
Y - Pulling back today after proposing a new Public Offering. Powered to new all-time highs with above average volume behind 2 consecutive gains. as it triggered a new (or add-on) technical buy signal. Losses below the 50 DMA line ($37.57) 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.
>>> 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 
VEEV - NYSE
Veeva Systems Inc Cl A
Computer Sftwr-Medical  
$62.83 -0.35
-0.55%

$63.54

755,166
44.90% of 50 DAV
50 DAV is 1,682,000
$68.07
-7.70%
7/24/2017 $65.91 PP = $68.17
MB = $71.58
Most Recent Note - 8/7/2017 5:13:26 PM
G - Quiet gain today finishing above its 50 DMA line ($62.92), but it faces resistance due to overhead supply up through the $$68 level. 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  
$169.94 -3.81
-2.19%

$174.90

1,171,420
129.87% of 50 DAV
50 DAV is 902,000
$176.50
-3.72%
8/4/2017 $173.31 PP = $163.07
MB = $171.22
Most Recent Note - 8/8/2017 6:55:16 PM
Y - Color code is changed to yellow after retreating below its "max buy" level. Cleared a new pivot point cited based on its 6/23/17 high plus 10 cents with a big "breakaway gap" on 8/04/17 triggering a technical buy signal. 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 
GRUB - NYSE
Grubhub Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$56.09 -0.87
-1.53%

$56.98

2,925,369
140.24% of 50 DAV
50 DAV is 2,086,000
$57.26
-2.04%
6/21/2017 $47.33 PP = $46.94
MB = $49.29
Most Recent Note - 8/8/2017 6:53:37 PM
G - Pulled back today after spiking to new 52-week and all-time highs with 3 consecutive volume-driven gains. Color code was changed to green after rallying above its "max buy" level. Reported earnings +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Spiked Into New High Territory Despite Sub Par Earnings News - 8/8/2017
 |  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
IBP - NYSE
Installed Building Prod
DIVERSIFIED SERVICES - Business/Management Services  
$58.55 +1.10
1.91%

$59.60

121,339
92.63% of 50 DAV
50 DAV is 131,000
$60.00
-2.42%
6/13/2017 $54.25 PP = $55.55
MB = $58.33
Most Recent Note - 8/8/2017 6:58:21 PM
G - Color code is changed to green after rising just above its "max buy" level. A big volume-driven gain on 8/04/17 triggered a technical buy signal. 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  
$39.90 +0.00
0.00%

$40.58

20,245
65.31% of 50 DAV
50 DAV is 31,000
$41.25
-3.27%
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 
HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$47.52 -0.65
-1.35%

$48.36

198,783
37.44% of 50 DAV
50 DAV is 531,000
$54.95
-13.52%
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 
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$44.85 -0.20
-0.44%

$45.60

540,792
73.98% of 50 DAV
50 DAV is 731,000
$46.08
-2.66%
7/17/2017 $43.96 PP = $44.18
MB = $46.39
Most Recent Note - 8/7/2017 5:05:31 PM
Y - Encountered distributional pressure today while perched near its 52-week high. 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 ($42.59) 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  
$59.25 +0.50
0.85%

$59.40

3,531,663
204.02% of 50 DAV
50 DAV is 1,731,000
$68.63
-13.67%
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
 |  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
MOMO - NASDAQ
Momo Inc Ads Cl A
INTERNET - Content  
$45.80 -0.19
-0.41%

$46.69

2,944,743
54.77% of 50 DAV
50 DAV is 5,377,000
$46.33
-1.14%
7/25/2017 $44.05 PP = $46.05
MB = $48.35
Most Recent Note - 8/7/2017 5:08:49 PM
Y - Quietly rose with below average volume to a best-ever close today. Perched 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  
$35.79 -0.26
-0.72%

$36.30

98,590
55.70% of 50 DAV
50 DAV is 177,000
$39.68
-9.80%
5/10/2017 $35.85 PP = $35.05
MB = $36.80
Most Recent Note - 8/8/2017 7:01:58 PM
G - Consolidating near prior highs in the $35-36 area and its 50 DMA line ($35.55) defining important near-term support to watch. More damaging losses would raise concerns.
>>> FEATURED STOCK ARTICLE : Extended Leader Encounters Distributional Pressure - 7/27/2017
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