The major averages finished mostly higher on Thursday. The volume total rose versus the prior session on the Nasdaq exchange while volume was slightly lower on the NYSE. Advancers narrowly outnumbered decliners on the NYSE but decliners led advancers by a 5-4 margin on the Nasdaq exchange. There were 34 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 the total of 26 stocks on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. All 4 of the high-ranked companies currently included on the Featured Stocks Page posted gains. The Dow Jones Industrial Average and benchmark S&P 500 Index both are poised to end at new all-time high closes on their weekly graphs barring a setback on Friday. More significant gains from the major indices backed by heavier volume would be a meaningful improvement that more convincingly argues the Market (M criteria) is shifting back to a confirmed uptrend. Keep in mind that any sustained and meaningful market advance requires leadership - a healthy crop of stocks hitting new 52-week highs.

Stocks finished slightly higher after toggling between gains and losses as investors assessed a large batch of earnings reports and economic data. On the economic front, jobless claims unexpectedly jumped due to the seasonal adjustment around Easter and durable goods orders increased by the most in four months.

Six of the 10 S&P 500 sectors finished in negative territory. Telecommunications and materials were the worst performing groups. Verizon (VZ -2.42%) fell after posting a disappointing profit tally and a drop in wireless subscribers. Praxair (PX -0.80%) edged lower as the company reported sales and second-quarter guidance below analyst estimates.

PICTURED: The S&P 500 Index posted a small gain, leaving it poised for a best-ever close on a weekly graph, barring a setback on Friday. Below its 50-day moving average (DMA) line a prior low ($1,814.36 on 4/11/14) defines the next important support level where further deterioration would raise serious concerns.

The Retail Index ($RLX +0.95%) posted a solid gain on Thursday and the Broker/Dealer Index ($XBD +0.08%) finished flat, meanwhile the Bank Index ($BKX -0.70%) was a negative influence on the major averages. The Semiconductor Index ($SOX +0.55%) posted a small gain while the Biotechnology Index ($BTK -0.37%) and the Networking Index ($NWX -0.15%) edged lower. The Integrated Oil Index ($XOI +0.32%) eked out a small gain while the Oil Services Index ($OSX -1.74%) and the Gold & Silver Index ($XAU -1.36%) both fell.

Charts courtesy www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX +0.55%) is consolidating above its 50-day moving average (DMA) line and -1.6% off its high.

ICON was last shown in this FSU section on 4/10/14 with annotated graphs under the headline, "Violated 50-Day Average and Relative Strength Rank Fell", while a loss on higher (above average) volume indicated that it was encountering distributional pressure. Members were reminded - "Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price."

After slumping back into its prior base weeks ago it also sank below its 50 DMA line raising more concerns and triggering a technical sell signal. The number of top-rated funds owning its shares fell from 359 in Sep '13 to 346 in Mar '14, not a reassuring sign concerning the I criteria.

Fundamentals remain strong for the high-ranked Apparel - Clothing Manufacturing firm. It reported earnings +32% on +24% sales revenues for the Dec '13 quarter, marking its 4th consecutive quarterly earnings increase above the +25% guideline (C criteria). Its annual earnings (A criteria) history has been steady. 

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
EQM - NYSE E Q T Midstream Partners ENERGY - Oil and Gas Pipelines	$76.18	+0.42 0.55%	$77.40	148,554 129.18% of 50 DAV 50 DAV is 115,000	$77.77 -2.04%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 4/24/2014 6:08:34 PM G - Hovering at its all-time high and in strong shape, technically, despite fundamental concerns recently noted. Its 50 DMA line ($68.61) defines near-term support where a violation may trigger a technical sell signal. >>> FEATURED STOCK ARTICLE : Technical Strength Continues Despite Fundamental Concerns - 4/9/2014 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
GNRC - NYSE Generac Hldgs Inc Electrical-Power/Equipmt	$59.03	+0.28 0.48%	$59.43	472,727 65.75% of 50 DAV 50 DAV is 719,000	$62.50 -5.55%	2/14/2014	$56.50	PP = $57.39
								MB = $60.26
Most Recent Note - 4/24/2014 6:10:00 PM Y - Edged higher today for its 8th consecutive small gain on below average volume. Found support near its 50 DMA line and prior highs in the $57 area recently. More damaging losses below its recent low ($55.27 on 4/14/14) would raise greater concerns. >>> FEATURED STOCK ARTICLE : Finished Just Below its 50-Day Average Line - 4/11/2014 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
ICON - NASDAQ Iconix Brand Group Inc CONSUMER NON-DURABLES - Textile - Apparel Footwear	$38.89	+0.17 0.44%	$38.97	287,769 49.53% of 50 DAV 50 DAV is 581,000	$42.47 -8.42%	3/7/2014	$41.46	PP = $40.88
								MB = $42.92
Most Recent Note - 4/24/2014 6:05:47 PM G - Posted a gain on light volume today. A rebound above the 50 DMA line (now $39.47) is needed to help its outlook. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Average Needed to Improve Outlook - 4/24/2014 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
PSIX - NASDAQ Power Solutions Intl Inc Machinery-Gen Industrial	$81.40	+0.89 1.11%	$81.85	92,707 140.47% of 50 DAV 50 DAV is 66,000	$87.40 -6.86%	2/28/2014	$74.65	PP = $76.93
								MB = $80.78
Most Recent Note - 4/24/2014 6:07:20 PM G- Posted a gain today with higher volume and it is perched within close striking distance of its 52-week high. The recent low ($66.03 on 4/07/14) defines important near-term support below the 50 DMA line where further deterioration would raise greater concerns. >>> FEATURED STOCK ARTICLE : Halted Slide After Slump Below 50-Day Moving Average - 4/14/2014 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