The major averages posted gains on Monday. The volume totals were reported lighter than the prior session total on the NYSE and on the Nasdaq exchange, revealing a lack of serious institutional buying demand. Breadth was positive as advancers led decliners by nearly a 3-1 margin on the NYSE and 5-2 on the Nasdaq exchange. Leadership remained scant as there were 6 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, matching the prior session total of 6 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE while new 52-week lows outnumbered new 52-week highs on the Nasdaq exchange. There were gains for 4 of the 5 high-ranked companies currently included on the Featured Stocks Page, a list that has waned as market conditions eroded. Distributional action raised concerns while leadership (stocks hitting new 52-week highs) waned and a deteriorating market (M criteria) environment was repeatedly noted in this commentary.  New buying efforts are discouraged during market corrections while the fact-based investment system prompts disciplined investors to lean toward reducing market exposure.

PICTURED: The Dow, which declined as many as 119 points, finished up 19 points to 16,399. The S&P 500 gained 17 points to 1,904. The NASDAQ was 57 points higher at 4,316.

Treasuries erased earlier losses to finish higher. The benchmark 10-year note climbed 1/32 to yield 2.19%. Commodities were mixed. On the NYMEX WTI crude began the week on a higher note, as it advanced 0.1% to $82.83 per barrel. Gold climbed +0.5% on the COMEX to $1,244 per ounce as the dollar fell.

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.

Charts courtesy www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX +1.53%),has been rebounding toward its 200-day moving average (DMA) line.

Strattec Security Corp (STRT  -$1.81 or -2.22% to $79.54) recently found encouraging support near its 50-day moving average (DMA) line while building on a base-on-base pattern. However, poor market conditions (M criteria) have raised overriding concerns arguing against any new buying efforts until a solid follow through day from at least one of the major averages confirms that strength is returning to the broader market. The recent low ($72.13 on 10/15/14) defines important near-term support to watch where any violation would raise more serious concerns. Meanwhile, it faces near term resistance due to overhead supply up through the $89 level. Subsequent volume-driven gains above the pivot point cited may trigger a new (or add-on) technical buy signal.

STRT was last shown in this FSU section on 9/26/14 with annotated graphs under the headline, "Consolidating Above Prior Highs and 50-Day Moving Average Line". It was first highlighted in yellow at $71.47 with pivot point based on its 6/06/14 high plus 10 cents in the 8/22/14 mid-day report (read here).

Keep in mind that it is due to report earnings results for the Sep '14 quarter on Thursday, October 23rd, and volume and volatility often increase near earnings news. The thinly-traded stock has a small supply (S criteria) of only 3.36 million shares in the public float which can contribute to greater price volatility in the event of institutional buying or selling. Quarterly earnings increases through Jun '14 above the +25% minimum guideline satisfy the C criteria and its annual earnings (A criteria) history has been strong. Increasing ownership by top-rated funds (I criteria) is a reassuring sign. The number of top-rated funds owning its shares rose from 59 in Sep '14 to 155 in Sep '14, a very reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.4 is an unbiased indication its shares have been under accumulation over the past 50 days. The Auto/Truck - Original Equipment group's strong Group Relative Strength rank is a reassuring sign concerning the L criteria.

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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	$226.67	+1.94 0.86%	$226.99	1,696,335 75.70% of 50 DAV 50 DAV is 2,241,000	$249.94 -9.31%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 10/16/2014 6:27:10 PM G - Halted its slide with a gain today after testing support at its 200 DMA line. Streak of 5 consecutive losses marked by volume triggered technical sell signals. Only a prompt rebound above its 50 DMA line would help its outlook improve. >>> FEATURED STOCK ARTICLE : Held Ground Above Prior Highs Defining Near-Term Support - 10/8/2014 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
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$45.33	+0.66 1.48%	$45.73	1,000,810 150.27% of 50 DAV 50 DAV is 666,000	$47.10 -3.76%	10/17/2014	$45.24	PP = $46.02
								MB = $48.32
Most Recent Note - 10/20/2014 12:18:50 PM Y - Fundamentals remain strong (C and A criteria) and it today's 3rd consecutive volume-driven gain is challenging its 52-week high and previously stubborn resistance in the $46-47 area. Highlighted in yellow with new pivot point cited based on its 8/07/14 high in the 10/17/14 mid-day report (read here). Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Perched Near High After Rebounding From 200-Day Average - 10/17/2014 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
FB - NASDAQ Facebook Inc Cl A INTERNET	$76.95	+1.00 1.32%	$77.09	34,427,984 101.10% of 50 DAV 50 DAV is 34,054,000	$79.71 -3.46%	9/9/2014	$76.67	PP = $76.84
								MB = $80.68
Most Recent Note - 10/17/2014 5:28:41 PM G - Volume-driven gain today helped it rebound and close just above the 50 DMA line ($75.83) helping its outlook to improve and its color code is changed to yellow. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Volume-Driven Losses Triggered Sell Signals After Slumping Into Prior Base - 10/16/2014 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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$100.88	+1.55 1.56%	$102.00	2,093,580 97.97% of 50 DAV 50 DAV is 2,137,000	$106.79 -5.53%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 10/16/2014 6:22:01 PM G - Prompt rebound above the 50 DMA line helped its outlook improve. Recent low ($87.83 on 10/13/14) defines important near-term support where any subsequent violation would raise more serious concerns and trigger a more worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Prompt Rebound Above 50-Day Average an Encouraging Sign of Support - 10/14/2014 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
STRT - NASDAQ Strattec Security Corp AUTOMOTIVE - Auto Parts	$79.54	-1.81 -2.22%	$81.64	22,890 95.38% of 50 DAV 50 DAV is 24,000	$89.87 -11.50%	9/19/2014	$86.06	PP = $89.97
								MB = $94.47
Most Recent Note - 10/20/2014 6:11:13 PM Y - Consolidating near 50 DMA line. Poor market conditions (M criteria) have raised overriding concerns arguing against any new buying efforts until strength returns. Recent low ($72.13 on 10/15/14) defines important near-term support to watch. Reporting Sep '14 quarterly earnings on Thursday. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Building Base-On-Base Pattern Ahead of Earnings News - 10/20/2014 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