Stocks finished mixed on Wednesday and the session's volume totals were reported higher on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by an 8-7 margin on the NYSE and a 9-5 margin on the NASDAQ exchange. There were 78 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 88 stocks. New 52-week highs still solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for only 4 of the 13 high-ranked companies currently included on the Featured Stocks Page. The broader market (M criteria) has been in a "confirmed uptrend" while leadership (stocks hitting new 52-week highs) has remained healthy. Remember that disciplined investors buy stocks with superior fundamentals only after they have triggered a proper technical buy signal.

 

PICTURED: The S&P 500 Index touched a new all-time high but ended the session lower.

The major averages initially gained ground amid easing geopolitical tensions as Russia and Ukraine agreed on steps toward a cease-fire. Positive economic data added to the upside as factory orders increased by a record 10.5% in July.

The CANSLIM.net Featured Stocks Page shows the most action-worthy candidates and their latest notes and a Headline Link directs members to the latest detailed analysis with data-packed graphs annotated by a Certified expert along with links to additional resources.  The Premium Member Homepage includes "dynamic archives" to all prior pay reports published.

The Broker/Dealer Index ($XBD -0.89%) and the Bank Index ($BKX -0.28%) lost ground and weakness in the Retail Index ($RLX -0.62%) was also a negative influence on the major averages on Wednesday. The Semiconductor Index ($SOX +0.24%) eked out a small gain while the Biotechnology Index ($BTK -0.05%) finished flat and the Networking Index ($NWX -0.27%) edged lower. Commodity-linked groups were mixed as the Gold & Silver Index ($XAU -0.53%) suffered a modest loss while the Oil Services Index ($OSX +0.27%) and the Integrated Oil Index ($XOI +0.35%) edged lower.

Charts courtesy www.stockcharts.com

PICTURED: The Biotechnology Index ($BTK -0.05%) is perched at 2014 highs.

It was last shown in this FSU section on 8/07/14 with annotated graphs under the headline, "Following 50-Day Moving Average Violation Gains Lacked Volume". Recent gains above its 50-day moving average (DMA) line helped its outlook to improve. It completed a new Public Offering of 10.75 Million common units on 5/01/14.  It traded up as much as +92.8% since first highlighted in yellow in the 12/12/13 mid-day report (read here) with pivot point based on its 11/18/13 high plus 10 cents. It completed a new Public Offering on 7/16/13, then made gradual progress afterward.

This MLP in the Natural Gas business has seen the number of top-rated funds owning its shares rise from 20 in Jun '12 to 98 in Jun '14, a reassuring sign concerning the I criteria. However, its Up/Down Volume Ratio of 0.8 is an unbiased indication its shares have been under slight distributional pressure over the past 50 days.

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	$229.07	+2.09 0.92%	$229.41	1,511,894 61.61% of 50 DAV 50 DAV is 2,454,000	$230.77 -0.74%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 8/28/2014 6:16:40 PM Y - Quietly perched near its 52-week high today trading very light volume. Subsequent volume-driven gains to new highs may trigger a technical buy signal. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Quietly Perched Within Striking Distance of 52-Week High - 8/28/2014 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	$44.90	+0.87 1.98%	$45.43	653,500 134.58% of 50 DAV 50 DAV is 485,600	$47.10 -4.67%	5/21/2014	$44.85	PP = $44.85
								MB = $47.09
Most Recent Note - 8/28/2014 6:18:32 PM G - Consolidating above support at its 50 DMA line, still only -6.5% off its 52-week high. Relative Strength Rating has slumped to 69, below the 80+ minimum guideline for buy candidates. Faces resistance due to overhead supply up through the $47 level. >>> FEATURED STOCK ARTICLE : Relative Strength Rating Slumped While Building Longer Base - 8/18/2014 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
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$88.88	+1.05 1.20%	$89.00	2,351,948 174.22% of 50 DAV 50 DAV is 1,350,000	$98.28 -9.56%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 9/2/2014 6:39:57 PM G - Finished near the session high today for a small gain with above average volume. Fundamentals remain strong, however recently enduring distributional pressure and noted repeatedly with caution - "Has the look of a 'climax run' with volume-driven gains getting very extended from its prior base." >>> FEATURED STOCK ARTICLE : Finished Near Session Low - Noted With Look of "Climax Run" - 8/27/2014 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	$97.13	-0.36 -0.37%	$98.68	82,802 30.11% of 50 DAV 50 DAV is 275,000	$102.51 -5.25%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 9/2/2014 6:34:11 PM G - Little resistance remains due to overhead supply while perched within close striking distance of its 52-week high with volume totals cooling in recent weeks. Reported earnings +37% on +21% sales revenues for the Jun '14 quarter, an improvement after 2 sub par quarterly earnings comparisons. >>> FEATURED STOCK ARTICLE : Following 50-Day Moving Average Violation Gains Lacked Volume - 8/7/2014 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
FB - NASDAQ Facebook Inc Cl A INTERNET	$76.68	+1.86 2.49%	$76.70	34,720,521 90.26% of 50 DAV 50 DAV is 38,467,000	$76.74 -0.08%	7/24/2014	$76.00	PP = $72.69
								MB = $76.32
Most Recent Note - 9/2/2014 6:36:55 PM G - Color code is changed to green after it rallied for a best-ever close and finished near the session high with today's gain on higher volume but below average volume. Prior highs in the $72 area define initial support above its 50 DMA line ($70.98). >>> FEATURED STOCK ARTICLE : Making Limited Headway But Holding Ground Since Gap Up - 8/20/2014 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$69.07	+0.55 0.80%	$70.00	4,400,949 153.77% of 50 DAV 50 DAV is 2,862,000	$69.50 -0.62%	8/29/2014	$68.50	PP = $67.89
								MB = $71.28
Most Recent Note - 8/29/2014 5:43:43 PM Y - Was highlighted in yellow with pivot point cited based on its 7/07/14 high plus 10 cents in the earlier mid-day report (read here). Its gap up gain backed by heavy volume for a new 52-week high triggered a technical buy signal. No overhead supply remains to act as resistance. Quarterly earnings (C criteria) through Jun '14 have shown strong growth and its annual earnings (A criteria) history is a good match the investment system guidelines. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Gap Up For New High With Volume Triggered Technical Buy Signal - 8/29/2014 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	$89.74	+4.75 5.59%	$90.00	4,501,694 327.63% of 50 DAV 50 DAV is 1,374,000	$87.79 2.22%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 9/2/2014 6:12:59 PM Y - Hit a new 52-week high and rallied above its pivot point triggering a new (or add-on) technical buy signal with today's gain backed by more than 3 times average volume. No resistance remains due to overhead supply. Subsequent violations of the 50 DMA line or the 8/28/14 low ($79.71) would trigger technical sell signals. Reports earnings on 9/09/14 and volume and volatility often increase near earnings news. >>> FEATURED STOCK ARTICLE : Building on New Base Pattern Above 50-Day Average - 8/11/2014 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
STRT - NASDAQ Strattec Security Corp AUTOMOTIVE - Auto Parts	$82.25	+2.01 2.50%	$89.87	48,898 168.61% of 50 DAV 50 DAV is 29,000	$81.94 0.38%	8/22/2014	$71.47	PP = $73.97
								MB = $77.67
Most Recent Note - 9/2/2014 6:20:21 PM G - Spiked to another new 52-week high today but erased much of its gain and finished in the lower third of its intra-day range, a sign of distributional pressure. Volume was +72% above average behind the gain on the prior session, however it was getting extended from its prior base by the time volume-driven gain helped clinch a technical buy signal. >>> FEATURED STOCK ARTICLE : Small Supply of Shares and Perched Near All-Time Highs - 8/22/2014 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
TARO - NYSE Taro Pharmaceutical Inds DRUGS - Drug Manufacturers - Other	$159.75	-1.41 -0.87%	$163.98	235,360 294.20% of 50 DAV 50 DAV is 80,000	$165.30 -3.36%	7/30/2014	$144.24	PP = $149.99
								MB = $157.49
Most Recent Note - 9/2/2014 6:22:56 PM G - Churned above average volume at its 52-week high today, finishing with a loss and near the session low. Enduring distributional pressure, and it was previously noted with caution - "Extended from any sound base. Recently reported earnings for the Jun '14 quarter below the +25% minimum earnings guideline (C criteria) raising fundamental concerns." See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Churning Action Indicative of Distributional Pressure - 9/2/2014 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	$49.66	+1.28 2.65%	$49.66	3,185,297 123.99% of 50 DAV 50 DAV is 2,569,000	$49.17 1.00%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 9/2/2014 6:26:36 PM G - Hit another new 52-week high with today's volume-driven gain. It has not formed a sound base. Prior highs near $46-47 define near-term support above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Rallying Into New High Territory Without Forming New Base - 8/25/2014 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
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
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$71.13	+2.77 4.05%	$71.17	3,609,920 155.13% of 50 DAV 50 DAV is 2,327,000	$71.79 -0.92%	7/10/2014	$58.50	PP = $60.79
								MB = $63.83
Most Recent Note - 9/2/2014 6:28:51 PM G - Finished near the session high and at a best-ever close with today's considerable volume-driven gain. No resistance remains due to overhead supply. Fundamental concerns were raised by earnings reported +0% on +34% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria), yet the company raised its guidance. >>> FEATURED STOCK ARTICLE : Holding Ground Near All-Time Highs Despite Fundamental Concerns - 8/26/2014 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	$97.96	+0.83 0.85%	$98.35	530,093 104.35% of 50 DAV 50 DAV is 508,000	$97.16 0.82%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 9/2/2014 6:30:11 PM G - Hit another new 52-week high with higher volume (near average) behind today's 4th consecutive gain. Its 50 DMA line defines support where a subsequent violation would raise greater concerns and trigger a technical sell signal. Technical strength has continued despite having reported earnings +11% on +6% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Technically Strong Despite Fundamental Concerns Raised By Most Current Quarterly Earnings - 8/21/2014 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
YY - NASDAQ YY Inc Ads INTERNET - Internet Service Providers	$87.92	+3.03 3.57%	$88.00	1,042,558 76.83% of 50 DAV 50 DAV is 1,357,000	$90.93 -3.31%	8/19/2014	$85.81	PP = $91.03
								MB = $95.58
Most Recent Note - 9/2/2014 6:31:30 PM Y - Volume was below average behind today's 2nd consecutive gain. Subsequent volume-driven gains for new highs may trigger a new technical buy signal. Its 50 DMA line defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Encountered Distributional Peressure Near Prior High - 8/19/2014 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