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AFTER MARKET UPDATE - WEDNESDAY, JANUARY 8TH, 2014
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  -68.20 16,462.74 -0.41% Volume 743,613,850 +8% Volume 2,194,911,660 +4%
NASDAQ +12.43 4,165.61 +0.30% Advancers 1,319 42% Advancers 1,232 46%
S&P 500 -0.39 1,837.49 -0.02% Decliners 1,717 55% Decliners 1,325 50%
Russell 2000 -0.17 1,157.46 -0.01% 52 Wk Highs 158   52 Wk Highs 178  
S&P 600 -2.14 657.97 -0.32% 52 Wk Lows 17   52 Wk Lows 12  

Leadership Remained Solid as Major Averages Ended Mixed

The major averages finished mixed on Wednesday. The volume totals were reported higher than the prior trading session's volume total on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners beat advancers by a 4-3 margin on the NYSE and while the action was more evenly mixed on the Nasdaq exchange. There were 65 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, up from a total of 59 stocks on the prior session. The list of stocks hitting new 52-week highs outnumbered new lows on the Nasdaq exchange and on the NYSE. There were gains for 16 of the 22 high-ranked companies currently included on the Featured Stocks Page.

The Fed and a positive jobs report were in focus. Minutes from the December FOMC meeting revealed the majority of policy officials agreed to start tapering the central bank's asset purchases as they saw diminishing economic benefits from the bond-buying program. On the data front, a report from ADP showed companies boosted payrolls last month by the most since November 2012.

Overall, six of the 10 S&P 500 sectors declined. Telecom was the worst performing group as AT&T Inc (T -2.03%) and F5 Networks Inc (FFIV -0.30%) fell. Energy stocks were also under pressure as WTI crude declined to a six-week low, with Chevron Corp (CVX -1.42%) down. Gains in health care helped limit losses. Forest Laboratories Forest Labs Inc (FRX +17.94%) rallied after announcing it will acquire Aptalis for $2.9 billion. Financials also finished higher with Citigroup Inc (C +1.16%) and MetLife (MET +1.54%) on the rise.

On the earnings front, Micron Technology Inc (MU +9.85%) rallied after the company posted a better-than-expected quarterly result. Constellation Brands Inc (STZ +9.55%) also traded higher after the company reported a stronger-than-expected profit tally and boosted their 2014 outlook. On the M&A front, following the company's announced acquisition of Aptalis Pharmaceuticals for $2.9 billion. Consumer stocks showed some weakness with McDonald's Corp (MCD -1.01%) down after the stock received an analyst's downgrade.

Treasuries declined and a government auction of 10-year notes drew weaker than average demand. The 10-year note fell 14/32 to yield 2.99%. The 30-year bond lost 8/32 to yield 3.90%.

The Market (M criteria) rally has continued producing sufficient leadership (stocks hitting new highs) and the ongoing uptrend remains intact. New buying efforts should always be selective. 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. Watch for an announcement via email concerning the next WEBCAST.

PICTURED: The Dow Jones Industrial Average is consolidating well above its 50-day moving average (DMA) line and prior highs.

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 Indexes and Bank Index Rose

On Wednesday the tech sector saw unanimous gains from the Networking Index ($NWX +1.15%), Biotechnology Index ($BTK +1.44%), and the Semiconductor Index ($SOX +1.58%). Financial groups were mixed as the Bank Index ($BKX +0.77%) posted a modest gain while the Broker/Dealer Index ($XBD -0.35%edged lower. The Retail Index ($RLX +0.16%) eked out a small gain.  Meanwhile, commodity-linked groups had a negative bias as the Gold & Silver Index ($XAU -1.33%) sank and the Integrated Oil Index ($XOI -0.54%) and Oil Services Index ($OSX -0.40%) each edged lower.

Charts courtesy www.stockcharts.com

PICTURED: The Biotechnology Index ($BTK +1.44%) rallied into new high territory.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  274.39 -1.10 -0.40% -2.36%
Integrated Oil $XOI  1,488.64 -8.08 -0.54% -0.96%
Semiconductor $SOX  535.76 +8.33 +1.58% +0.14%
Networking $NWX  328.44 +3.73 +1.15% +1.39%
Broker/Dealer $XBD  160.81 -0.56 -0.35% +0.16%
Retail $RLX  932.60 +1.52 +0.16% -0.77%
Gold & Silver $XAU  85.77 -1.16 -1.33% +1.93%
Bank $BKX  70.50 +0.54 +0.77% +1.79%
Biotech $BTK  2,398.23 +34.00 +1.44% +2.91%


Finished Strong and Challenged Pivot Point After Highlighted in Mid-Day Report

Biotauto Hldgs Ltd Ads (BITA +$4.49 +14.76% to $34.90) finished strong with a solid gain on nearly 3 times average volume after it was highlighted in yellow in the earlier mid-day report (read here) with new pivot point cited based on its 11/25/13 high plus 10 cents. Subsequent volume-driven gains to new highs may trigger a new technical buy signal. It found support above its 50-day moving average (DMA) line during its consolidation since completing a Public Offering on 12/06/13. Now it faces little overhead supply to act as resistance. A 50 DMA line violation would be a more worrisome technical sell signal.

BITA was last shown in this FSU section on 12/11/13 with an annotated graphs under the headline, "Dropped Due to Weakness Following +191% Gain Since Featured", as it was dropped from the Featured Stocks list after finishing the session near its low and -21.5% off its 52-week high. Members were reminded at the time - "Like any stock that is dropped from the Featured Stocks list, if fundamentals remain strong while a new base forms, and strength eventually returns, it may one day return to the Featured Stocks list." It was first highlighted in the 8/07/13 mid-day report in yellow at $12.01 with the prior pivot point based on its 5/08/13 high plus 10 cents (read here).

This China-based Internet-Content firm reported financial results +129% on +40% sales revenues for the Sep '13 quarter. Its quarterly and annual earnings (C and A criteria) history has been strong. Its small supply (S criteria) of only 13.9 million shares in the public float can contribute to great volatility in the event of institutional buying or selling. There are 41 top-rated mutual funds as of Sep '13 that currently own an interest in the company, up from 25 in June, a reassuring sign concerning the I criteria.


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
ARMH - NASDAQ
A R M Holdings Plc Ads
ELECTRONICS - Semiconductor - Specialized  
$53.01 +0.86
1.65%

$53.12

1,001,958
63.25% of 50 DAV
50 DAV is 1,584,100
$55.26
-4.07%
12/23/2013 $54.59 PP = $52.48
MB = $55.10
Most Recent Note - 1/7/2014 12:21:49 PM
Y - Gapped down today, pulling back with higher volume for a 4th consecutive loss. Prior highs near $52 define initial support to watch on pullbacks. Disciplined investors avoid chasing stocks more than +5% above prior highs and alway limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : No Overhead Supply Remains Following Volume-Driven Breakout - 12/23/2013
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   Daily Graphs Online Stock Checkup
BITA - NYSE
Bitauto Hldgs Ltd Ads
INTERNET - Internet Information Providers  
$34.90 +4.49
14.76%

$35.38

3,620,654
282.36% of 50 DAV
50 DAV is 1,282,300
$35.04
-0.40%
1/8/2014 $33.00 PP = $35.14
MB = $36.90
Most Recent Note - 1/8/2014 6:01:31 PM
Y - Finished strong after highlighted in yellow with new pivot point cited based on its 11/25/13 high plus 10 cents in the earlier mid-day report (read here). Subsequent volume-driven gains to new highs may trigger a new technical buy signal. Found support above its 50 DMA line during its consolidation since completing a Public Offering on 12/06/13. Faces little overhead supply to act as resistance A 50 DMA line violation would be a more worrisome technical sell signal. See the latest FSU analysis for more details and new annotated graphs.
>>> FEATURED STOCK ARTICLE : Finished Strong and Challenged Pivot Point After Highlighted in Mid-Day Report - 1/8/2014
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   Daily Graphs Online Stock Checkup
CELG - NASDAQ
Celgene Corp
DRUGS - Drug Manufacturers - Major  
$167.46 +2.85
1.73%

$168.55

2,657,614
98.74% of 50 DAV
50 DAV is 2,691,500
$173.80
-3.65%
9/12/2013 $149.50 PP = $150.02
MB = $157.52
Most Recent Note - 1/7/2014 5:31:02 PM
G - Halted its slide today following a damaging gap down on the prior session, retreating near its 50 DMA line which acted as support recently. Subsequent violations would raise greater concerns and trigger technical sell signals. See the latest FSU analysis for more details and new annotated daily and weekly graphs.
>>> FEATURED STOCK ARTICLE : Found Support Above 50-Day Average After Gapping Down on Prior Session - 1/7/2014
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   Daily Graphs Online Stock Checkup
EGOV - NASDAQ
N I C Inc
INTERNET - Internet Software and Services  
$23.67 -0.16
-0.67%

$24.05

247,634
88.66% of 50 DAV
50 DAV is 279,300
$25.99
-8.93%
12/20/2013 $24.00 PP = $26.09
MB = $27.39
Most Recent Note - 1/6/2014 6:55:54 PM
G - Color code is changed to green after slumping below its 50 DMA line with above average volume behind today's loss. Recent low ($22.17 on 12/16/13) defines near-term support above its 200 DMA line.
>>> FEATURED STOCK ARTICLE : Rebounded Above 50-Day Average; Relative Strength Rating Waned - 12/27/2013
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   Daily Graphs Online Stock Checkup
EQM - NYSE
E Q T Midstream Partners
ENERGY - Oil and Gas Pipelines  
$59.86 +0.26
0.44%

$60.27

85,089
66.68% of 50 DAV
50 DAV is 127,600
$60.37
-0.85%
12/12/2013 $53.17 PP = $56.51
MB = $59.34
Most Recent Note - 1/6/2014 6:58:06 PM
G - Hit a new all-time high with today's gain above the pivot point backed by +130% above average volume triggering a technical buy signal. Color code is changed to green as it is getting extended beyond its "max buy" level.
>>> FEATURED STOCK ARTICLE : Finding Support Near 50-Day Moving Average While Perched Near Highs - 12/13/2013
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   Daily Graphs Online Stock Checkup
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
FB - NASDAQ
Facebook Inc Cl A
INTERNET  
$58.23 +0.31
0.54%

$58.41

56,682,333
76.61% of 50 DAV
50 DAV is 73,988,500
$58.58
-0.60%
12/12/2013 $51.40 PP = $54.93
MB = $57.68
Most Recent Note - 1/6/2014 6:54:09 PM
Y - Rallied near a best-ever close with today's gain on average volume. Found support near prior highs during its consolidation. Rallied from a 9-week cup shaped base without a handle after completing a Public Offering on 12/20/13. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Well Known Social Media Firm on Watch List While Still Base Building - 12/12/2013
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   Daily Graphs Online Stock Checkup
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$117.80 +1.25
1.07%

$117.96

649,215
82.72% of 50 DAV
50 DAV is 784,800
$123.96
-4.97%
8/19/2013 $99.01 PP = $100.97
MB = $106.02
Most Recent Note - 1/2/2014 12:35:38 PM
G - Consolidating near its 50 DMA line with today's gain on higher volume. Previously noted - "It may be forming a new late-stage base but still faces some resistance up through the $123 level."
>>> FEATURED STOCK ARTICLE : Enduring Distributional Pressure While Extended From Sound Base - 12/17/2013
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   Daily Graphs Online Stock Checkup
GNRC - NYSE
Generac Hldgs Inc
CONSUMER DURABLES - Electronic Equipment  
$54.99 -1.01
-1.80%

$55.60

1,296,204
191.49% of 50 DAV
50 DAV is 676,900
$57.29
-4.01%
11/26/2013 $53.02 PP = $52.42
MB = $55.04
Most Recent Note - 1/8/2014 12:34:25 PM
G - Enduring mild distributional pressure while consolidating -4.0% off its all-time high. Prior highs in the $52 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Holding Ground Near Highs - 1/2/2014
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   Daily Graphs Online Stock Checkup
HLF - NYSE
Herbalife Ltd
DRUGS - Nutrition and Weight Management  
$81.32 +1.66
2.08%

$83.51

3,283,481
116.12% of 50 DAV
50 DAV is 2,827,600
$81.75
-0.53%
11/22/2013 $72.21 PP = $75.04
MB = $78.79
Most Recent Note - 1/7/2014 4:25:04 PM
G - Rallied back above its "max buy" level and its color code is changed to green. Found support above prior highs in the $74 area during its recent consolidation. Disciplined investors always limit losses if any stock falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched Near Highs - 12/30/2013
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   Daily Graphs Online Stock Checkup
JAZZ - NASDAQ
Jazz Pharmaceuticals Plc
DRUGS - Biotechnology  
$137.82 +7.40
5.67%

$139.26

1,097,517
154.82% of 50 DAV
50 DAV is 708,900
$128.49
7.26%
9/30/2013 $93.20 PP = $89.10
MB = $93.56
Most Recent Note - 1/8/2014 12:40:50 PM
G - Hitting yet another new 52-week high with today's considerable gain, getting more extended from any sound base. Its 50 DMA line and prior low near $108 define important support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Technically Extended Stock May Be a Dangerous Chase - 12/10/2013
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   Daily Graphs Online Stock Checkup
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
KORS - NYSE
Michael Kors Hldgs Ltd
RETAIL - Apparel Stores  
$77.91 -1.03
-1.30%

$78.73

7,095,374
150.24% of 50 DAV
50 DAV is 4,722,600
$84.58
-7.89%
8/6/2013 $69.66 PP = $66.28
MB = $69.59
Most Recent Note - 1/7/2014 4:28:16 PM
G - Gapped down today, violating its 50 DMA line with a damaging loss on above average volume indicating more distributional pressure. Did not form a new base of sufficient length.
>>> FEATURED STOCK ARTICLE : Consolidation Too Brief To Note New Pivot - 12/6/2013
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   Daily Graphs Online Stock Checkup
MRLN - NASDAQ
Marlin Business Services
DIVERSIFIED SERVICES - Rental and Leasing Services  
$27.24 +0.42
1.57%

$28.11

64,979
231.24% of 50 DAV
50 DAV is 28,100
$28.64
-4.88%
12/19/2013 $26.69 PP = $28.74
MB = $30.18
Most Recent Note - 1/8/2014 12:46:50 PM
Y - Posting a 5th consecutive gain today and perched within close striking distance of its 52-week high with little resistance remaining due to overhead supply. Subsequent volume-driven gains above the pivot point are needed to trigger a proper new technical buy signal. Its Relative Strength (RS) Rating at 76 remains below the 80+ minimum guideline for buy candidates.
>>> FEATURED STOCK ARTICLE : Finished Weak While Enduring Distributional Pressure - 12/19/2013
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   Daily Graphs Online Stock Checkup
PCLN - NASDAQ
Priceline.Com Inc
INTERNET - Internet Software and Services  
$1,157.50 -5.57
-0.48%

$1,168.10

508,675
86.52% of 50 DAV
50 DAV is 587,900
$1,198.75
-3.44%
12/18/2013 $1,156.20 PP = $1,198.85
MB = $1,258.79
Most Recent Note - 1/6/2014 6:48:03 PM
Y - Managed a "positive reversal" today after undercutting its 50 DMA line. See the latest FSU analysis for more details and new annotated daily and weekly graphs.
>>> FEATURED STOCK ARTICLE : Managed Positive Reversal at 50-Day Moving Average Line - 1/6/2014
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   Daily Graphs Online Stock Checkup
RGR - NYSE
Sturm Ruger & Co Inc
CONSUMER DURABLES - Sporting Goods  
$78.98 +2.46
3.21%

$79.27

665,740
223.40% of 50 DAV
50 DAV is 298,000
$80.28
-1.61%
1/8/2014 $78.87 PP = $80.38
MB = $84.40
Most Recent Note - 1/8/2014 1:04:39 PM
Y - Color code is changed to yellow with new pivot point cited based on its 11/21/13 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new technical buy signal. Fundamentals remain strong with respect to the C and A criteria. Recent lows in the $70 area and its 50 DMA line define important near-term support. Perched -1.7% off its 52-week high and on the right side of an 8-week cup shaped base. Showed resilience since dropped from the Featured Stocks list on 12/18/12 as firearms-makers endured heavy selling following tragedies.

>>> FEATURED STOCK ARTICLE : Violated 50-Day Average After Damaging Losses Negated Prior Breakout - 12/14/2012
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   Daily Graphs Online Stock Checkup
SFUN - NYSE
Soufun Hldgs Ltd Ads A
INTERNET - Internet Information Providers  
$91.69 -0.26
-0.28%

$92.41

1,018,759
82.47% of 50 DAV
50 DAV is 1,235,300
$93.49
-1.93%
10/17/2013 $58.02 PP = $53.87
MB = $56.56
Most Recent Note - 1/7/2014 4:19:18 PM
G - Hit new all-time highs with today's considerable gain on above average volume. Prior reports cautioned - "It is extended from any sound base pattern yet may produce more climactic gains. Prior highs and its 50 DMA line coincide in the $59 area defining important support to watch."
>>> FEATURED STOCK ARTICLE : Extended From Base Yet May Produce More Climactic Gains - 12/9/2013
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   Daily Graphs Online Stock Checkup
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
SILC - NASDAQ
Silicom Ltd
COMPUTER HARDWARE - Networking andamp; Communication Dev  
$46.15 +0.09
0.20%

$46.50

16,569
49.31% of 50 DAV
50 DAV is 33,600
$46.23
-0.17%
12/23/2013 $44.62 PP = $46.25
MB = $48.56
Most Recent Note - 1/7/2014 12:40:13 PM
Y - Touched a new 52-week high today, adding to its recent streak of small gains without especially great volume conviction. Volume should be a minimum of +40% above average behind gains above a stock's pivot point to trigger a proper technical buy signal.
>>> FEATURED STOCK ARTICLE : Stock With Small Supply Has Formed a Sound Base Pattern - 12/24/2013
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   Daily Graphs Online Stock Checkup
SSNC - NASDAQ
S S & C Technologies
COMPUTER SOFTWARE and SERVICES - Application Software  
$46.24 +0.35
0.76%

$46.60

400,000
134.27% of 50 DAV
50 DAV is 297,900
$45.55
1.51%
10/22/2013 $39.17 PP = $40.04
MB = $42.04
Most Recent Note - 1/8/2014 1:05:43 PM
G - Adding to its recent spurt of gains and hitting a new 52-week high today, getting more extended from any sound base. Found recent support near its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Found Prompt Support After Damaging Losses Raised Concerns - 12/16/2013
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   Daily Graphs Online Stock Checkup
SSYS - NASDAQ
Stratasys Ltd
COMPUTER HARDWARE - Computer Peripherals  
$133.21 +2.26
1.73%

$133.60

993,122
86.64% of 50 DAV
50 DAV is 1,146,200
$138.10
-3.54%
10/11/2013 $102.94 PP = $105.38
MB = $110.65
Most Recent Note - 1/6/2014 12:25:38 PM
G - Retreating from its 52-week high with today's loss on higher volume indicating distributional pressure after rising without great volume conviction behind recent gains. Found recent support at its 50 DMA line. Previously noted with caution - "Reported earnings +13% on +153% sales revenues, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns."
>>> FEATURED STOCK ARTICLE : Rallying From Support at 50-Day Moving Average Line - 12/20/2013
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   Daily Graphs Online Stock Checkup
ULTI - NASDAQ
Ultimate Software Group
INTERNET - Internet Software and Services  
$154.95 +1.54
1.00%

$155.63

166,122
118.07% of 50 DAV
50 DAV is 140,700
$162.88
-4.87%
10/16/2013 $142.95 PP = $151.18
MB = $158.74
Most Recent Note - 1/2/2014 1:28:49 PM
G - Its Relative Strength (RS) Rating has slumped to 80, the minimum rank for buy candidates. Consolidating near its 50 DMA line. The recent low ($144.04 on 12/12/13) define the next near-term support to watch.
>>> FEATURED STOCK ARTICLE : Gain on Light Volume While Inching Above 50-Day Average - 12/26/2013
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   Daily Graphs Online Stock Checkup
VRX - NYSE
Valeant Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$128.30 +2.95
2.35%

$135.73

3,025,973
261.74% of 50 DAV
50 DAV is 1,156,100
$125.95
1.87%
9/11/2013 $100.26 PP = $105.50
MB = $110.78
Most Recent Note - 1/8/2014 1:13:39 PM
G - Reversed much of its early gain today after gapping up for a 2nd consecutive session hitting new 52-week highs. Considerable volume-driven gains came after the company provided encouraging guidance. Its 50 DMA line and prior lows ($105.17) define near term support to watch.
>>> FEATURED STOCK ARTICLE : Rebounding With Volume Backed Gains But Fundamental Concerns Remain - 12/18/2013
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   Daily Graphs Online Stock Checkup
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
YNDX - NASDAQ
Yandex N V Class A
INTERNET - Internet Information Providers  
$42.25 -1.28
-2.94%

$44.24

3,146,329
132.53% of 50 DAV
50 DAV is 2,374,100
$43.65
-3.21%
11/27/2013 $39.61 PP = $42.10
MB = $44.21
Most Recent Note - 1/8/2014 5:59:28 PM
Y - Touched a new 52-week high today then reversed into the red for a loss on higher volume indicating distributional pressure. At least +40% above average volume should be behind gains above the pivot point to trigger a proper new technical buy signal.
>>> FEATURED STOCK ARTICLE : Best Ever Close With Gain on Light Volume - 12/31/2013
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YY - NASDAQ
YY Inc Ads
INTERNET - Internet Service Providers  
$63.38 +1.20
1.93%

$64.50

2,463,578
157.50% of 50 DAV
50 DAV is 1,564,200
$58.48
8.38%
1/3/2014 $55.08 PP = $56.85
MB = $59.69
Most Recent Note - 1/7/2014 4:23:05 PM
G - Hit new all-time highs with today's 3rd big volume-driven gain in the span of 4 sessions, and its color code is changed to green after rallying beyond its "max buy" level. Prior highs in the $56 area define initial support to watch on pullbacks. See the latest FSU analysis for an annotated weekly graph and additional details.

>>> FEATURED STOCK ARTICLE : Finished Strong With High Volume After Featured in Mid-Day Report - 1/3/2014
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