Charts courtesy www.stockcharts.com

PICTURED: The Dow Jones Industrial Average and other major indices posted gains on Wednesday's session, marking Day 1 of a new rally attempt. Provided that the session lows are not violated, investors may start looking for a valid follow-through day to possibly signal a new "confirmed rally" at some point between Day 4 and Day 7, or afterward.

The market correction (M criteria) grew more worrisome as the Dow Jones Industrial Average undercut its October 2014 low while all of the major indices dove further below their respective 200-day moving average (DMA) lines. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. This is precisely how the fact-based investment system prompts investors to reduce exposure in weak markets, preserving cash until another confirmed rally marked by solid leadership.

All three major averages surged at least 3.9% higher as they accelerated in the final hour of trading. Economic data for July showed durable goods soared 2% against an expected decline, and non-defense capital goods orders jumped 2.2%, topping expectations of a 0.3% gain. Ahead of the Jackson Hole symposium, regional Fed President William Dudley told investors hopes of a September rate hike have diminished.

All 10 sectors of the S&P 500 were positive. Tech and health care stocks were up the most. Apple (AAPL +5.74%) extended its win streak to two days as it advanced. Johnson & Johnson (JNJ +4.83%) helped health care as it climbed . Positive analyst commentary pushed Nike (NKE +5.05%) higher in the consumer discretionary space. In materials, Monsanto (MON +8.57%) rose after announcing the end to its pursuit of Syngenta (SYT -13.55%), which tumbled. Cameron (CAM +41.11%) rose after agreeing to a $14.8 billion takeover by Schlumberger (SLB -3.35%).

Treasuries extended losses. The benchmark 10-year note fell a full point to yield 2.18%.

Commodities were broadly lower amid dollar strength. WTI crude shrugged off inventory declines as it fell 0.8% to $38.97/barrel. COMEX gold retreated 1.2% to $1124.60/ounce.

The number of stocks currently listed to the Featured Stocks Page has waned based on deteriorating market conditions. The most current notes with headline links help members have access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports.

Financial shares were a positive influence on the major averages as the Broker/Dealer Index ($XBD +3.55%) and the Bank Index ($BKX +4.48%) both bounced. The Retail Index ($RLX +4.60%) also rebounded toward its 50-day moving average (DMA) line after finding prompt support at its 200 DMA line.

The tech sector was led by a bounce from the Semiconductor Index ($SOX +5.05%) - shown in the Industry Group Watch section yesterday testing its October 2014 lows (read here). The Biotechnology Index ($BTK +4.61%) and Networking Index ($NWX +3.89%) also posted big gains. The Oil Services Index ($OSX +5.46%) and Integrated Oil Index ($XOI +2.94%) both recovered off of their deep multi-year lows. However, the Gold & Silver Index ($XAU -4.80%) fell hard and further punished defensive investors again as it was a standout decliner.

Charts courtesy www.stockcharts.com

PICTURED: The Biotechnology Index ($BTK +4.61%) violated its 200-day moving average (DMA) line and slumped below prior lows since last shown in this IGW section on 8/07/15 (read here) when breaking down below its 50 DMA line.  Eventually the biotech group will dig its heels in. However, keep in mind that the fact-based investment system discourages speculating on out of favor groups. And during especially weak market environments investors should preserve cash by reducing exposure.

Market conditions (the M criteria) are challenging at times. There are few stocks included on the Featured Stocks list and none of the companies need additional review in detail with annotated graphs. At times like these we have an opportunity to look back and review. Previously featured stocks which were dropped can serve as educational examples of the investment system's tactics. It is also a reminder that high-ranked leaders eventually fall out of favor. If you wish to request for a specific stock to receive more detailed coverage in this section please use the inquiry form to submit your request. Thank you!

We analyzed our archives, looking into the past to see when the most stocks were hitting new 52-week lows. Monday's session was the highest number of NYSE stocks hitting new 52-week lows since November 21, 2008, but not the worst day ever in terms of thee total number of stocks hitting new lows. During a market correction 4 years ago, there were totals were nearly as high in August and October of 2011.

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
BOFI - NASDAQ B O F I Holding Inc BANKING - Savings andamp; Loans	$119.01	-0.70 -0.58%	$122.75	272,762 106.13% of 50 DAV 50 DAV is 257,000	$134.79 -11.71%	6/10/2015	$101.47	PP = $97.78
								MB = $102.67
Most Recent Note - 8/24/2015 1:07:36 PM G - Tested 50 DMA line today then found prompt support, pulling back with higher volume amid widespread market weakness (M criteria). >>> FEATURED STOCK ARTICLE : Hovering Near Highs Very Extended From Sound Base - 8/20/2015  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
AHS - NYSE A M N Healthcare Svcs DIVERSIFIED SERVICES - Staffing and Outsourcing Service	$34.32	+1.18 3.56%	$34.42	711,235 94.08% of 50 DAV 50 DAV is 756,000	$37.25 -7.87%	8/5/2015	$34.50	PP = $32.53
								MB = $34.16
Most Recent Note - 8/25/2015 8:25:01 PM G - Found support today following damaging losses testing prior highs and its 50 DMA line. More damaging losses would raise greater concerns. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Testing Support Amid Broad Market Weakness - 8/25/2015  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
ULTA - NASDAQ Ulta Salon Cosm & Frag SPECIALTY RETAIL - Specialty Retail, Other	$158.05	+4.79 3.13%	$158.87	1,790,582 230.15% of 50 DAV 50 DAV is 778,000	$176.77 -10.59%	5/29/2015	$155.03	PP = $159.95
								MB = $167.95
Most Recent Note - 8/26/2015 1:28:22 PM G - Violated its 50 DMA line with volume-driven losses this week triggering technical sell signals. A rebound above the 50 DMA line is needed for its outlook to improve. Found prompt support after undercutting its 200 DMA line on 8/24/15 amid broad market (M criteria) weakness. >>> FEATURED STOCK ARTICLE : Recent Gains Have Still Lacked Substantial Volume Conviction - 8/13/2015  |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I
LXFT - NYSE Luxoft Holding Inc Cl A Comp Sftwr-Spec Enterprs	$61.56	+2.83 4.82%	$61.94	256,767 90.09% of 50 DAV 50 DAV is 285,000	$68.16 -9.68%	5/26/2015	$51.90	PP = $57.40
								MB = $60.27
Most Recent Note - 8/25/2015 1:34:53 PM G - Rebounding today after technical sell signals and damaging volume-driven losses. Only a prompt rebound above the 50 DMA line ($60.27) would help its outlook improve. >>> FEATURED STOCK ARTICLE : Earnings News Often Leads to Greater Volume and Volatility - 8/10/2015  |  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	$47.04	+1.19 2.60%	$47.26	245,566 86.16% of 50 DAV 50 DAV is 285,000	$51.86 -9.29%	8/12/2015	$49.01	PP = $45.85
								MB = $48.14
Most Recent Note - 8/24/2015 6:39:38 PM Y - Pulled back below its "max buy" level and its color code is changed to yellow. Found prompt support after undercutting prior highs near $45 defining support above its 50 DMA line ($44.63). Widespread market weakness (M criteria) is an overriding cause for concern. >>> FEATURED STOCK ARTICLE : Finished Strong With Volume-Driven Breakout Gain - 8/12/2015  |  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