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AFTER MARKET UPDATE - THURSDAY, MARCH 22ND, 2012
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Indices NYSE Nasdaq
DOW  -78.48 13,046.14 -0.60% Volume 762,971,330 +5% Volume 1,469,480,300 -2%
NASDAQ -12.00 3,063.32 -0.39% Advancers 739 24% Advancers 777 30%
S&P 500 -10.10 1,392.79 -0.72% Decliners 2,247 73% Decliners 1,719 66%
Russell 2000 -8.48 821.44 -1.02% 52 Wk Highs 37   52 Wk Highs 57  
S&P 600 -4.27 457.42 -0.92% 52 Wk Lows 21   52 Wk Lows 20  

Major Averages Sink While Leadership Wanes

The major averages spent the day in the red but finished off the session lows after rebounding in the final hour. The volume totals were reported mixed, slightly higher on the NYSE and slightly lower on the Nasdaq exchange versus the prior session totals.  Breadth was negative as declining issues led advancing issues by a 3-1 margin on the NYSE and by more than 2-1 on the Nasdaq exchange. The total number of stocks hitting new 52-week highs waned but still outnumbered new 52-week lows on both exchanges. There were 26 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, less than half the prior session total of 57 stocks. The session concluded with gains for 19 of the 33 high-ranked companies currently included on the Featured Stocks Page.

  

Disappointing data out of China and Europe weighed on pre-market action. Specifically, a preliminary reading of Chinese manufacturing unexpectedly fell, suggesting a contraction. Separately, European manufacturing activity also signaled contraction with a survey of purchasing managers falling more than projected. European markets were lower after the disappointing data. On our shores, weekly jobless claims came in better-than-expected, falling to 348,000 from 351,000. The Conference Board's index of leading indicators was expected to advance +0.6%.

Energy stocks were under pressure after France indicated industrialized nations may consider tapping strategic reserves. Chevron Corp (CVX -2.37%) fell while energy stocks were the worst performing sector, retreating over -2.0% on the session. Materials also showed weakness with Alcoa Inc (AA -2.53%) and Freeport McMoRan Copper & Gold (FCX -3.69%) slumping. In earnings, FedEx Corp (FDX -3.46%) fell after the company's revenues missed analysts' expectations for the fiscal third-quarter. Dollar General (DG +3.11%) rallied following the company's better-than-expected tally in the fourth-quarter.

Treasury markets were higher on a flight to safety. The benchmark 10-year note was up 3/16 of a point to yield 2.28% and the 30-year bond advanced 11/32 to yield 3.37%

The major averages' (M criteria) uptrend has been underpinned by widespread leadership (stocks making new 52-week highs) as they have continued the prior rally. Disciplined investors may have a bias toward accumulating stocks meeting all key criteria of the fact-based system. As always, avoid chasing stocks extended too far from sound base patterns and be sure to limit losses if ever any stock falls more than -7% from your purchase price.

The Q1 2012 Webcast is scheduled for Wednesday, March 28th at 8PM EST and will be available "ON DEMAND" afterward.  All who have the UPGRADED membership now get access to these informative *Quarterly Webcasts included at no additional cost. (*Previously sold separately at $99 per webcast.) Please use the inquiry form to submit any questions that you would like to see answered in the upcoming webcast or to make any suggestions or comments about our website and services. Thank you!

PICTURED: The Dow Jones Indusrial Average suffered a 3rd consecutive loss. It is testing an upward trendline connecting 3 prior lows over the October -March period. More damaging losses could start to raise concerns about the current rally's tenacity.


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.


Commodity-Linked Groups Led Losses

The Retail Index ($RLX +0.03%) held its ground, which made it a standout on a widely negative session. Commodity-linked stocks were the biggest losers on Thursday as the Oil Services Index ($OSX -2.68%), Integrated Oil Index ($XOI -2.04%), and Gold & Silver Index ($XAU -1.99%) slumped.  The Bank Index ($BKX -1.62%) and Broker/Dealer Index ($XBD -1.35%) also were a negative influence on the major averages. The tech sector was dragged lower by losses from the Networking Index ($NWX -1.06%) and the Semiconductor Index ($SOX -0.61%) while the Internet Index ($IIX -0.12%) and the Biotechnology Index ($BTK -0.01%) were little changed.  The Healthcare Index ($HMO -0.55%) rounded out the session with a modest loss.

Charts courtesy www.stockcharts.com

PICTURED: The Oil Services Index ($OSX -2.68%) is slumping below its 50-day moving average (DMA) line and prior lows to test its 200-day moving average line with a 4th consecutive loss.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  237.58 -6.54 -2.68% +9.85%
Healthcare $HMO  2,578.69 -14.34 -0.55% +13.02%
Integrated Oil $XOI  1,271.60 -26.54 -2.04% +3.46%
Semiconductor $SOX  434.54 -2.65 -0.61% +19.23%
Networking $NWX  250.29 -2.67 -1.06% +16.33%
Internet $IIX  326.01 -0.33 -0.10% +15.71%
Broker/Dealer $XBD  106.69 -1.46 -1.35% +28.13%
Retail $RLX  616.57 +0.17 +0.03% +17.85%
Gold & Silver $XAU  174.26 -3.53 -1.99% -3.53%
Bank $BKX  49.09 -0.81 -1.62% +24.66%
Biotech $BTK  1,333.05 +0.11 +0.01% +22.14%


Volume-Driven Breakout Shoots to New High

Often, when a leading stock is setting up to breakout of a solid base it is highlighted in CANSLIM.net's Mid-Day Breakouts Report. Sometimes stocks are highlighted shortly after a technical breakout, yet while the potential buy candidate may still be considered action-worthy. The most relevant factors are noted in the report which alerts prudent CANSLIM oriented investors to place the issue in their watch list. After doing any necessary backup research, the investor is prepared to act after the stock triggers a technical buy signal (breaks above its pivot point on more than +50% average turnover) but before it gets too extended from a sound base. In the event the stock fails to trigger a technical buy signal and its price declines then it will simply be removed from the watch list. Disciplined investors know to buy as near as possible to the pivot point and avoid chasing stocks after they have rallied more than +5% above their pivot point. It is crucial to always limit losses whenever any stock heads the wrong direction, and disciplined investors sell if a struggling stock ever falls more than -7% from their purchase price.

Sturm Ruger & Co Inc (RGR +$5.63 or +13.31% to $47.93) was featured in the earlier mid-day report highlighted in yellow with pivot point cited based on its 52-week high plus 10 cents after a 5-week flat base pattern. It found support above its 50-day moving average (DMA) line while consolidating since hitting its old high on 2/22/12, and its considerable gap up gain today helped it hit a new 52-week high. The strong finish with more than 4 times average volume helped it clinch a technical buy signal.

It reported earnings +80% on +45% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Its 3 latest quarterly comparisons showed strong earnings increases well above the +25% minimum guideline while sales revenues showed impressive acceleration. It also has a good annual earnings (A criteria). The number of top-rated funds owning its shares rose from 204 in Mar '11 to 289 in Dec '11, a reassuring sign concerning the I criteria.

Keep in mind that it may be considered a riskier "late stage" base after it had a few legs up in 2011. Some mutual fund managers are also restricted by their fund family's rules from buying companies that make firearms, tobacco, or alcohol products.  Disciplined investors know their odds are most favorable if they accumulate shares within +5% of the pivot point, and they always limit losses by selling if every any stock falls more than -7% from their purchase price.


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
ADS - NYSE
Alliance Data Sys Corp
COMPUTER SOFTWARE and SERVICES - Information and Delivery Service  
$125.74 +0.28
0.22%

$126.42

358,655
53.59% of 50 DAV
50 DAV is 669,200
$126.56
-0.65%
1/17/2012 $108.24 PP = $107.43
MB = $112.80
Most Recent Note - 3/20/2012 4:30:28 PM
G - Perched near its all-time high, extended from any sound base pattern. Fundamental concerns were raised by earnings reported +9%, well below the +25% minimum guideline in the latest quarter ended December 31, 2011.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/29/2012. Click here.

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ALLT - NASDAQ
Allot Communications Ltd
COMPUTER SOFTWARE andamp; SERVICES - Technical andamp; System Software  
$21.41 +0.26
1.23%

$21.52

320,896
91.16% of 50 DAV
50 DAV is 352,000
$21.72
-1.42%
3/13/2012 $19.72 PP = $18.91
MB = $19.86
Most Recent Note - 3/19/2012 5:33:23 PM
G - Holding its ground near its 52-week high, extended from its prior base. Disciplined investors do not chase extended stocks and always limit losses if ever any stock falls more than -7% from their purchase price. A considerable gain on more than 7 times average volume helped ALLT rise from an orderly 13-week base and trigger a technical buy signal as it was featured in the 3/13/12 mid-day report (read here) with pivot point cited based on its 2/23/12 high plus 10 cents. See the latest FSU analysis for more details and a new annotated weekly graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/19/2012. Click here.

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ALXN - NASDAQ
Alexion Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$94.02 +1.22
1.31%

$94.22

1,565,954
125.14% of 50 DAV
50 DAV is 1,251,400
$93.47
0.59%
3/12/2012 $87.87 PP = $87.73
MB = $92.12
Most Recent Note - 3/21/2012 6:19:16 PM
G - Hit another new all-time high with today's gain backed by +37% above average volume and its color code is changed to green after closing above its "max buy" level. Support to watch on pullbacks is its 50 DMA line.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/24/2012. Click here.

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BODY - NASDAQ
Body Central Corp
RETAIL - Catalog andamp; Mail Order Houses  
$26.53 +0.10
0.38%

$26.83

201,306
94.20% of 50 DAV
50 DAV is 213,700
$29.49
-10.04%
1/27/2012 $26.69 PP = $25.46
MB = $26.73
Most Recent Note - 3/19/2012 6:14:14 PM
G - Sputtering near support at its 50 DMA line and prior highs in the $26 area. Subsequent damaging losses may trigger a more worrisome technical sell signal
>>> The latest Featured Stock Update with an annotated graph appeared on 3/13/2012. Click here.

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CATM - NASDAQ
Cardtronics Inc
DIVERSIFIED SERVICES - Business/Management Services  
$26.80 -0.06
-0.22%

$26.89

176,151
44.14% of 50 DAV
50 DAV is 399,100
$28.74
-6.75%
2/24/2012 $27.94 PP = $28.30
MB = $29.72
Most Recent Note - 3/20/2012 5:27:23 PM
G - Its Relative Strength rating has slumped to 70, below the 80+ guideline for buy candidates, and color code is changed to green while sputtering below its 50 DMA line and under its pivot point cited without triggering a proper technical buy signal. See the latest FSU analysis for more details and a new annotated weekly graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/20/2012. Click here.

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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
CDNS - NASDAQ
Cadence Design Systems
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$12.12 -0.06
-0.49%

$12.17

1,558,973
45.62% of 50 DAV
50 DAV is 3,417,300
$12.60
-3.81%
2/3/2012 $11.66 PP = $11.15
MB = $11.71
Most Recent Note - 3/19/2012 6:22:01 PM
G - Small gain on lighter volume today for a new 52-week high. Color code was changed to green after getting extended from the most ideal range for accumulating shares under the fact based system following an earlier technical breakout.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/3/2012. Click here.

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CELG - NASDAQ
Celgene Corp
DRUGS - Drug Manufacturers - Major  
$76.17 +0.58
0.77%

$76.38

2,497,137
82.89% of 50 DAV
50 DAV is 3,012,600
$77.43
-1.63%
2/2/2012 $74.16 PP = $75.21
MB = $78.97
Most Recent Note - 3/22/2012 10:40:20 AM
Y - Still hovering near its 52-week high today, stubbornly holding its ground. Subsequent volume-driven gains would be a welcome and reassuring sign of fresh institutional demand. Found support at its 50 DMA line on the last pullback, meanwhile any damaging violation would raise concerns and trigger technical sell signals. Last week it barely traded above its all-time high ($77.39 in Aug '08).
>>> The latest Featured Stock Update with an annotated graph appeared on 2/2/2012. Click here.

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COO - NYSE
Cooper Companies Inc
HEALTH SERVICES - Medical Instruments and Supplies  
$79.00 +0.74
0.95%

$79.10

348,239
88.25% of 50 DAV
50 DAV is 394,600
$84.20
-6.17%
3/9/2012 $83.05 PP = $81.02
MB = $85.07
Most Recent Note - 3/19/2012 7:12:45 PM
G - Down today on higher volume, indicating distributional pressure, and its color code is changed to green. Its Relative Strength rating has quickly slumped to a mediocre 60, below the 80+ guideline for buy candidates, while sputtering back below the pivot point. Confirming gains with above average volume for additional new high closes would help its outlook.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/9/2012. Click here.

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DISH - NASDAQ
Dish Network Corp Cl A
CONSUMER DURABLES - Electronic Equipment  
$32.90 +0.55
1.70%

$35.64

8,847,023
341.62% of 50 DAV
50 DAV is 2,589,700
$32.76
0.43%
3/7/2012 $30.83 PP = $30.10
MB = $31.61
Most Recent Note - 3/22/2012 12:28:52 PM
G - Trading in the lower half of its intra-day range after a considerable early gain today. Blasted higher with heavy volume following news the FCC is maneuvering its rules in a way viewed as favorable for the company. Quickly getting very extended from its prior base. Prior highs in the $30 area define initial support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/14/2012. Click here.

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ECHO - NASDAQ
Echo Global Logistics
DIVERSIFIED SERVICES - Business/Management Services  
$16.84 -0.45
-2.60%

$17.28

99,747
120.91% of 50 DAV
50 DAV is 82,500
$19.38
-13.11%
2/22/2012 $18.50 PP = $18.63
MB = $19.56
Most Recent Note - 3/22/2012 5:54:26 PM
G - Down again today for a 5th consecutive loss, slumping further below the 50 DMA line. Its color code was changed to green as technical deterioration raised concerns. Only a prompt rebound above its 50 DMA line would help its outlook improve.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/23/2012. Click here.

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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
FEIC - NASDAQ
F E I Co
ELECTRONICS - Diversified Electronics  
$45.57 -0.24
-0.52%

$45.78

169,134
54.19% of 50 DAV
50 DAV is 312,100
$48.31
-5.67%
12/7/2011 $41.41 PP = $42.35
MB = $44.47
Most Recent Note - 3/20/2012 4:32:57 PM
G - Quietly consolidating above its 50 DMA and only -5.8% off its 52-week high. No resistance remains due to overhead supply, however the latest quarterly report showed +21% earnings for the Dec '11 quarter, below the +25% minimum guideline for earnings growth.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/12/2012. Click here.

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GNC - NYSE
G N C Holdings Inc
RETAIL - Drug Stores  
$34.54 +0.23
0.67%

$34.83

1,312,465
91.05% of 50 DAV
50 DAV is 1,441,500
$34.71
-0.49%
1/19/2012 $28.99 PP = $29.60
MB = $31.08
Most Recent Note - 3/19/2012 12:35:06 PM
G - Holding its ground since a considerable gap up gain on 3/13/12 after raising guidance based on stronger same store sales than previously expected. Recent low ($30.75 on 3/07/12) and its 50 DMA line define near-term chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/5/2012. Click here.

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HLF - NYSE
Herbalife Ltd
DRUGS - Nutrition and Weight Management  
$70.27 -0.86
-1.21%

$71.18

1,492,980
112.68% of 50 DAV
50 DAV is 1,325,000
$72.00
-2.40%
2/22/2012 $65.90 PP = $63.50
MB = $66.68
Most Recent Note - 3/19/2012 6:24:29 PM
G - Small gap up gain today on average volume for a new all-time high, getting more extended from its prior base pattern. Prior highs in the $63 area define support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/22/2012. Click here.

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ISRG - NASDAQ
Intuitive Surgical Inc
HEALTH SERVICES - Medical Appliances and Equipment  
$534.81 +1.89
0.35%

$538.02

193,086
55.95% of 50 DAV
50 DAV is 345,100
$535.85
-0.19%
12/20/2011 $442.43 PP = $449.16
MB = $471.62
Most Recent Note - 3/19/2012 6:31:22 PM
G - ISRG may produce more climactic gains, however it is extended from any sound base pattern, and the December '11 quarterly earnings increased by just below the borderline +25% minimum guideline for ideal buy candidates. Rather than compromise, disciplined investors may sooner consider another Featured Stock when a fresh technical buy signal occurs.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/1/2012. Click here.

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LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$75.95 +1.88
2.54%

$76.66

8,635,361
391.04% of 50 DAV
50 DAV is 2,208,300
$74.57
1.85%
1/10/2012 $60.97 PP = $59.46
MB = $62.43
Most Recent Note - 3/22/2012 12:35:31 PM
G - Reported +59% earnings on +51% sales revenues for the quarter ended January 31, 2012 versus the year ago period. Following a gap down it rebounded and touched a new all-time high today. It is extended from any sound base, and its 50 DMA line defines near-term chart support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/21/2012. Click here.

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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
MA - NYSE
Mastercard Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services  
$416.84 -1.10
-0.26%

$421.33

630,326
62.14% of 50 DAV
50 DAV is 1,014,300
$428.57
-2.74%
3/12/2012 $419.86 PP = $428.67
MB = $450.10
Most Recent Note - 3/22/2012 10:43:53 AM
Y - Volume totals have been cooling while it is still hovering near its all-time high, stubbornly holding its ground. After forming an advanced "3-weeks tight" base a new pivot point was cited based on its 2/29/12 high plus 10 cents while its color code was changed to yellow. Volume-driven gains may trigger a new (or add-on) technical buy signal, meanwhile its prior highs in the $381-384 area define support to watch on pullbacks along with its 50 DMA line.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/17/2012. Click here.

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MELI - NASDAQ
Mercadolibre Inc
INTERNET - Internet Software and; Services  
$96.48 -1.83
-1.86%

$97.98

387,604
76.17% of 50 DAV
50 DAV is 508,900
$104.50
-7.67%
2/6/2012 $97.09 PP = $95.58
MB = $100.36
Most Recent Note - 3/20/2012 4:28:59 PM
Y - Finished near the session high today with a small loss on light volume. Quietly consolidating, staying above its 50 DMA line and above the recent low ($91.38 on 3/06/12) defining important support areas to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/6/2012. Click here.

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MG - NYSE
Mistras Group Inc
DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services  
$24.76 -0.70
-2.75%

$25.42

210,067
141.84% of 50 DAV
50 DAV is 148,100
$26.24
-5.64%
3/22/2012 $24.96 PP = $26.34
MB = $27.66
Most Recent Note - 3/22/2012 12:50:41 PM
Y - Color code is changed to yellow with new pivot point cited based on its 52-week high plus 10 cents after a 12-week base. Disciplined investors will watch for a volume-driven gain above the pivot to confirm a technical buy signal before taking any action. Found support well above its 200 DMA line and it has now rebounded to within -4.2% of its 52-week high. Fundamentals remain strong since it was dropped from the Featured Stocks list on 1/11/12. The number of top-rated funds owning its shares rose from 128 in Mar '11 to 185 in Dec '11, a reassuring sign concerning the I criteria.

>>> The latest Featured Stock Update with an annotated graph appeared on 1/6/2012. Click here.

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MKTX - NASDAQ
Marketaxess Holdings Inc
FINANCIAL SERVICES - Investment Brokerage - Nationa  
$36.32 +1.40
4.01%

$37.25

416,451
160.73% of 50 DAV
50 DAV is 259,100
$37.06
-2.00%
3/8/2012 $35.80 PP = $35.52
MB = $37.30
Most Recent Note - 3/22/2012 12:53:15 PM
Y - Rallying within close striking distance of its all-time high today and promptly rebounding back above its pivot point. The solid volume-driven gain on 3/16/12 helped clinch a technical buy signal. Its 50 DMA line defines important support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/8/2012. Click here.

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NTES - NASDAQ
Netease.Com Inc Adr
INTERNET - Internet Information Providers  
$58.37 +0.26
0.45%

$59.26

909,732
144.95% of 50 DAV
50 DAV is 627,600
$58.57
-0.34%
3/19/2012 $56.18 PP = $55.10
MB = $57.86
Most Recent Note - 3/22/2012 1:06:54 PM
G - Up again today after a gap up and volume-driven gain on the prior session, rallying further above its "max buy" level and getting extended from its prior base. Its old highs in the $55 area define initial support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 10/9/2009. Click here.

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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
RAX - NYSE
Rackspace Hosting Inc
INTERNET - Internet Software and; Services  
$55.94 -1.86
-3.22%

$56.34

2,673,014
130.59% of 50 DAV
50 DAV is 2,046,800
$58.66
-4.64%
2/2/2012 $46.69 PP = $45.55
MB = $47.83
Most Recent Note - 3/22/2012 1:10:31 PM
G - Down today with higher volume, yet it is up from the session's early lows following a gap down after an analyst downgrade. It recently had wedged up to a new 52-week high with gains lacking great volume conviction, and the last consolidation was noted as a little short of the 5-week minimum length for it to be considered a new flat base pattern. Its 50 DMA line coincides with the prior low in the $49 area, defining an important near-term support level to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/16/2012. Click here.

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RGR - NYSE
Sturm Ruger & Co Inc
CONSUMER DURABLES - Sporting Goods  
$47.93 +5.63
13.31%

$48.24

1,241,533
468.15% of 50 DAV
50 DAV is 265,200
$46.68
2.68%
3/22/2012 $46.49 PP = $46.78
MB = $49.12
Most Recent Note - 3/22/2012 5:56:33 PM
Y - Featured in yellow in the earlier mid-day report with pivot point cited based on its 52-week high plus 10 cents after a 5-week flat base pattern. It found support above its 50 DMA line while consolidating since hitting its old high on 2/22/12, and its considerable gap up gain today with mre than 4 times average volume helped it hit a new 52-week high and trigger a technical buy signal. Reported earnings +80% on +45% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Its 3 latest quarterly comparisons showed strong earnings increases well above the +25% minimum guideline while sales revenues showed impressive acceleration. It also has a good annual earnings (A criteria). See the latest FSU analysis for more details and a new annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/22/2012. Click here.

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RRTS - NYSE
Roadrunner Trans Systems
TRANSPORTATION - Air Delivery and Freight Service  
$17.58 -0.28
-1.57%

$17.73

57,310
38.83% of 50 DAV
50 DAV is 147,600
$18.59
-5.43%
2/10/2012 $17.40 PP = $17.50
MB = $18.38
Most Recent Note - 3/22/2012 10:48:28 AM
Y - Small gap down today, and it has been sputtering since a "negative reversal" on 3/16/12 for a loss on above average volume after touching a new 52-week high. A new pivot point was not cited, yet it has built a base-on-base pattern while consolidating above prior highs in the $17 area and above its 50 DMA line defining support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/13/2012. Click here.

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SHFL - NASDAQ
Shuffle Master Inc
MANUFACTURING - Diversified Machinery  
$17.41 -0.18
-1.02%

$17.60

444,017
77.91% of 50 DAV
50 DAV is 569,900
$18.38
-5.28%
3/6/2012 $17.07 PP = $15.25
MB = $16.01
Most Recent Note - 3/19/2012 7:03:54 PM
G - Hit another new 52-week high today with its 10th gain in the span of 11 sessions. It may produce more climactic gains, but it is extended from any sound base pattern. Its 50 DMA line defines support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/15/2012. Click here.

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SWI - NYSE
Solarwinds Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$38.93 -0.72
-1.82%

$40.07

912,137
78.19% of 50 DAV
50 DAV is 1,166,600
$40.44
-3.73%
1/26/2012 $32.36 PP = $33.78
MB = $35.47
Most Recent Note - 3/21/2012 12:11:27 PM
G - Touched a new all-time high today after a less than 4-week consolidation while remaining well above its 50 DMA line and prior chart highs defining support levels. Earnings below the +25% guideline for the Dec '11 quarter raised fundamental concerns. See the latest FSU analysis for more details and a new annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/16/2012. Click here.

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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
SXCI - NASDAQ
S X C Health Solutions
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$72.23 +0.32
0.45%

$72.35

204,055
48.14% of 50 DAV
50 DAV is 423,900
$76.42
-5.48%
2/23/2012 $68.24 PP = $66.05
MB = $69.35
Most Recent Note - 3/19/2012 6:35:20 PM
G - Hovering in a tight range for the past 3 weeks, and it is extended from its prior base. Prior highs in the $66 area define support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/6/2012. Click here.

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TDG - NYSE
Transdigm Group Inc
AEROSPACE/DEFENSE - Aerospace/Defense Products and; Services  
$115.46 +0.82
0.72%

$115.70

372,534
91.60% of 50 DAV
50 DAV is 406,700
$121.48
-4.96%
2/29/2012 $120.10 PP = $118.93
MB = $124.88
Most Recent Note - 3/19/2012 1:28:05 PM
Y - Sputtering since its 3/06/12 gap down, and it remains below its latest pivot point after encountering distributional pressure. Its recent low ($111.03 on 3/06/12) and its 50 DMA line define important chart support to watch above prior highs in the $102 area.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/10/2012. Click here.

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TNGO - NASDAQ
Tangoe Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$19.13 +1.56
8.88%

$19.35

1,473,110
413.45% of 50 DAV
50 DAV is 356,300
$19.90
-3.87%
2/13/2012 $15.39 PP = $16.51
MB = $17.34
Most Recent Note - 3/22/2012 10:51:35 AM
G - Working on a base-on-base type pattern, still consolidating above prior highs in the $16 area and its 50 DMA line defining support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/14/2012. Click here.

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TSCO - NASDAQ
Tractor Supply Co
SPECIALTY RETAIL - Specialty Retail, Other  
$87.75 -0.06
-0.07%

$88.07

558,913
78.81% of 50 DAV
50 DAV is 709,200
$88.97
-1.37%
1/12/2012 $79.12 PP = $75.58
MB = $79.36
Most Recent Note - 3/22/2012 10:33:12 AM
Y - Color code is changed to yellow after a brief consolidation in a tight range with mostly light volume. No new pivot point is cited, however they teach in the Certification that a stock may be bought from its first successful test of support at the 10-week moving average (WMA) up to +5% above the latest high following an earlier technical breakout. In this case that could be $88.65 on 2/28/12 plus another 5%, however the further one chases any stock above its pivot point the greater the chances are than an ordinary pullback may necessitate selling - as disciplined investors know to always limit losses if ever any stock falls more than 7% from their purchase price! Its 50 DMA line defines support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/27/2012. Click here.

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UA - NYSE
Under Armour Inc Cl A
CONSUMER NON-DURABLES - Textile - Apparel Clothing  
$97.74 +0.09
0.09%

$98.59

631,643
49.45% of 50 DAV
50 DAV is 1,277,400
$99.10
-1.37%
2/15/2012 $85.77 PP = $84.86
MB = $89.10
Most Recent Note - 3/22/2012 10:35:02 AM
G - It is extended from its last sound base pattern and recent gains above its pivot point did not have volume sufficient to trigger a proper technical buy signal. Pyramiding into a position can help investors avoid chasing stocks too far above their pivot point.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/15/2012. Click here.

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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
UBNT - NASDAQ
Ubiquiti Networks Inc
TELECOMMUNICATIONS - Diversified Communication Serv  
$28.72 -0.01
-0.03%

$29.33

356,802
121.03% of 50 DAV
50 DAV is 294,800
$28.97
-0.86%
1/27/2012 $22.25 PP = $23.14
MB = $24.30
Most Recent Note - 3/21/2012 6:15:07 PM
G - Rallied for a best-ever close and challenged its 52-week high today with a solid gain backed by +58% above average volume. Its color code is changed to green after rallying well above its previously cited "max buy" level. See the latest FSU analysis for more details and a new annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/21/2012. Click here.

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ULTA - NASDAQ
Ulta Salon Cosm & Frag
SPECIALTY RETAIL - Specialty Retail, Other  
$93.59 +1.52
1.65%

$93.88

843,744
115.93% of 50 DAV
50 DAV is 727,800
$92.33
1.36%
1/11/2012 $71.97 PP = $75.80
MB = $79.59
Most Recent Note - 3/19/2012 6:43:49 PM
G - ULTA may produce more climactic gains, however, while hovering near its all-time high it has been repeatedly noted - "Extended from any sound base pattern, meanwhile its prior highs near $75 and its 50 DMA line define important chart support."
>>> The latest Featured Stock Update with an annotated graph appeared on 2/28/2012. Click here.

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V - NYSE
Visa Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services  
$117.28 +0.53
0.45%

$117.50

2,341,923
61.32% of 50 DAV
50 DAV is 3,819,100
$119.72
-2.04%
3/12/2012 $116.53 PP = $119.46
MB = $125.43
Most Recent Note - 3/19/2012 6:46:14 PM
Y - Touched a new all-time high with a gain on average volume today. Volume-driven gains may trigger a new (or add-on) technical buy signal, meanwhile its 50 DMA line defines support to watch above prior highs in the $103-104 area.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/7/2012. Click here.

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