The major averages soared to new recovery highs as volume totals increased on both major exchanges, action clearly indicative of institutional buying demand or accumulation. Advancing issues beat decliners by 5-2 on the NYSE and by 2-1 on the Nasdaq. New 52-week highs solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange, and on the NYSE new 52-week lows sank into the single digits again. There were 86 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 65 on the prior session. The companies currently listed on the Featured Stocks Page diverged from the broader market, however, as there were gains from only 5 of the 21 high-ranked market leaders currently listed.

The Federal Reserve Board began a two-day policy meeting during which it will decide whether to continue with its planned $600 billion of bond purchases through June. On Wednesday it release a policy statement and a news conference hosted by Fed Chairman Ben Bernanke will mark the first time since the central bank was founded in 1913 that the head of the Fed will hold a news conference just hours after making a decision on interest rates. 

The news on the housing industry continues to be depressed. A survey of twenty major U.S. cities showed that residential real estate prices dropped in February by 3.3% on an annual basis, the most in more than a year. The market also celebrated a bigger-than-expected rise in the April consumer confidence index. The report was a sign the labor market is improving.

Strong earnings also helped underpin the rally on Wall Street. First quarter earnings have beaten estimates at nearly 80% of S&P 500 companies reporting so far.  Major names like Ford Motor Company (F +0.77%), 3-M Co (MMM +1.93%), and United Parcel Service, Inc (UPS +0.90%) all posted better-than-expected profits, and IBM joined the party by boosting its dividend and share buyback plan. Keep in mind that earnings reports will continue to be a factor, and volume and volatility are often greater near earnings announcements.

PICTURED: The S&P 500 Index rose above its February 18, 2011 high and reached its highest level since June of 2008, and is up more than 7% from its 2011 low. It is now perched -14.5% below its October 2007 all-time high.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX -0.09%) rallied to new recovery highs last week. Despite the high gas prices, high unemployment, and worrisome government deficits the strength in retail shares is a reassuring sign that the consumer is still alive and spending.

H M S Holdings Corp (HMSY -$0.92 or -1.13% to $80.53) gapped up today, then reversed into the red and closed near the session low. It is quietly perched -5.1% below its all-time high. Before the market open on Friday, April 29, 2011 it will report the financial results for the first quarter 2011 which ended March 31. Volume and volatility often increase near earnings news.  Its short consolidation above its 50-day moving average (DMA) line ($79.08 now) is not a long enough period to be considered a sound new base pattern. Disciplined investors may watch for a new base to form and be noted in the future. In just over 26 months since it was first featured at $34.08 in the February 20, 2009 mid-day report when clearing an ascending base pattern it has traded up as much as +148.8% higher.

Volume totals have mostly been light or near average since its last appearance in this FSU section on 3/25/11 with an annotated graph under the headline, "Distributional Pressure Evident While Advancing".  This Commercial Services - Healthcare firm has maintained a solid sales revenues and earnings growth history that still satisfies the C and A criteria.  The number of top-rated funds owning its shares has risen from 462 in Mar '10 to 504 in Mar '11, a very 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
AIXG - NASDAQ Aixtron Se ELECTRONICS - Semiconductor Equipment andamp; Mate	$42.48	+0.80 1.92%	$42.64	274,719 108.54% of 50 DAV 50 DAV is 253,100	$44.96 -5.52%	4/5/2011	$44.14	PP = $44.64
								MB = $46.87
Most Recent Note - 4/26/2011 4:29:03 PM G - Up today with slightly higher than average volume, closing above its 50 DMA line, a technical improvement that helps its outlook. Recently found support near prior lows in the $38 area. >>> The latest Featured Stock Update with an annotated graph appeared on 4/5/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
BIDU - NASDAQ Baidu Inc Ads INTERNET - Internet Information Providers	$152.37	+0.41 0.27%	$154.89	8,689,338 124.57% of 50 DAV 50 DAV is 6,975,200	$152.77 -0.26%	3/17/2011	$121.97	PP = $131.73
								MB = $138.32
Most Recent Note - 4/25/2011 7:20:16 PM G - Up on light volume today for another new high close. It is extended from its latest base, and the prior high near $131 defines initial chart support to watch near its rising 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 4/7/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CMG - NYSE Chipotle Mexican Grill LEISURE - Restaurants	$264.94	-7.71 -2.83%	$273.88	1,163,282 98.44% of 50 DAV 50 DAV is 1,181,700	$289.35 -8.44%	4/1/2011	$274.00	PP = $275.10
								MB = $288.86
Most Recent Note - 4/26/2011 4:07:25 PM G - Down today on higher volume, slumping toward its 50 DMA line ($261.94 now), an important chart support level. Recently negated its latest technical breakout. Gapped down on 4/21/11 after reporting earnings +23% on +24% sales revenues for the quarter ended March 31, 2011 versus the year ago period, its weakest earnings increase in years, and below the +25% guideline. >>> The latest Featured Stock Update with an annotated graph appeared on 4/13/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CTCT - NASDAQ Constant Contact Inc MEDIA - Advertising Services	$31.16	-0.01 -0.03%	$31.39	398,415 87.24% of 50 DAV 50 DAV is 456,700	$36.33 -14.23%	3/22/2011	$33.59	PP = $32.49
								MB = $34.11
Most Recent Note - 4/20/2011 5:42:52 PM G - Small gain today with light volume following 2 damaging losses with heavy volume in prior 3 sessions. Concerns were raised as it completely negated its recent breakout, slumping below its 50 DMA line again and triggering worrisome technical sell signals. Due to report earnings after the close on Thursday, April 28th. See the latest FSU analysis for details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 4/19/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
CTSH - NASDAQ Cognizant Tech Sol Cl A COMPUTER SOFTWARE and SERVICES - Business Software and Services	$81.95	+0.12 0.15%	$82.30	2,474,887 114.07% of 50 DAV 50 DAV is 2,169,600	$82.93 -1.18%	2/7/2011	$75.09	PP = $76.46
								MB = $80.28
Most Recent Note - 4/20/2011 4:50:19 PM G - Gapped up today, rallying with below average volume to finish -1% off its all-time high. This week it tested prior highs in the $77-78 area and its 50 DMA line and found prompt support. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 4/15/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | 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
DECK - NASDAQ Deckers Outdoor Corp CONSUMER NON-DURABLES - Textile - Apparel Footwear	$95.51	-0.41 -0.43%	$96.44	1,042,784 78.83% of 50 DAV 50 DAV is 1,322,800	$97.00 -1.54%	2/3/2011	$79.61	PP = $82.67
								MB = $86.80
Most Recent Note - 4/20/2011 4:51:35 PM G - Gapped up today and hit a new all-time high with a gain on light volume while rising from a shorter than minimum length "cup-with-handle" type consolidation. Its 50 DMA line defines initial chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 4/6/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
EZPW - NASDAQ Ezcorp Inc Cl A SPECIALTY RETAIL - Specialty Retail, Other	$30.26	-0.18 -0.59%	$30.78	323,779 90.59% of 50 DAV 50 DAV is 357,400	$33.08 -8.52%	2/18/2011	$27.94	PP = $30.04
								MB = $31.54
Most Recent Note - 4/25/2011 7:24:57 PM G - Closed near the session low after gapping up today, posting its 4th consecutive gain with volume increasing to above average. Reported earnings +31% on +21% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Last week it rebounded above its 50 DMA line and prior highs in the $29-30 area, helping its outlook. >>> The latest Featured Stock Update with an annotated graph appeared on 4/11/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
FOSL - NASDAQ Fossil Inc CONSUMER DURABLES - Recreational Goods, Other	$95.89	-0.74 -0.77%	$96.83	509,254 51.03% of 50 DAV 50 DAV is 997,900	$96.99 -1.13%	2/1/2011	$73.30	PP = $74.44
								MB = $78.16
Most Recent Note - 4/20/2011 11:31:25 AM G - Gapped up today and hit a new all-time high. Previously noted - "It rallied more than +108% higher in 8 months since first featured in yellow in the 8/10/10 mid-day report (read here). It could produce more climactic gains, but recently it has been noted - "Extended from any sound base. Prior highs in the $83-85 area define chart support to watch above its 50 DMA line." >>> The latest Featured Stock Update with an annotated graph appeared on 3/30/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
HMSY - NASDAQ H M S Holdings Corp COMPUTER SOFTWARE and SERVICES - Healthcare Information Service	$80.53	-0.92 -1.13%	$83.16	158,297 95.47% of 50 DAV 50 DAV is 165,800	$84.82 -5.06%	11/19/2010	$61.89	PP = $63.01
								MB = $66.16
Most Recent Note - 4/26/2011 7:32:23 PM G - Gapped up today but the reversed into the red and closed near the session low -5.1% below its all-time high. Due to report earnings before the open on Friday April 29th. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 4/26/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
HS - NYSE Healthspring Inc HEALTH SERVICES - Health Care Plans	$40.60	+1.04 2.63%	$41.53	825,789 95.06% of 50 DAV 50 DAV is 868,700	$40.78 -0.44%	3/22/2011	$38.29	PP = $38.85
								MB = $40.79
Most Recent Note - 4/26/2011 4:33:29 PM Y - Gapped up today for a gain with slightly below average volume for a new high close, approaching its "max buy" level. Its 50 DMA line ($37.52 now) defines important support above recent lows in the $35.50 area. >>> The latest Featured Stock Update with an annotated graph appeared on 4/21/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | 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
INFA - NASDAQ Informatica Corp COMPUTER SOFTWARE and SERVICES - Business Software and Services	$54.35	+0.12 0.22%	$54.95	1,197,139 127.59% of 50 DAV 50 DAV is 938,300	$54.27 0.15%	3/24/2011	$50.04	PP = $49.86
								MB = $52.35
Most Recent Note - 4/25/2011 11:58:07 AM G - Reported +33% earnings on +24% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Touched a new 52-week high today. Prior highs in the $49 area define support to watch coinciding with its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 3/28/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
LULU - NASDAQ Lululemon Athletica MANUFACTURING - Textile Manufacturing	$98.62	-2.76 -2.72%	$101.68	1,646,861 72.00% of 50 DAV 50 DAV is 2,287,300	$102.83 -4.09%	3/28/2011	$68.11	PP = $85.38
								MB = $89.65
Most Recent Note - 4/26/2011 4:20:40 PM G - Pulling back from all-time highs hit last week, this high-ranked Retail-Apparel firm has been noted as extended from any sound base pattern. Prior highs and its 50 DMA line in the $85 area define initial chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 3/31/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
MG - NYSE Mistras Group Inc DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services	$18.31	-0.04 -0.22%	$18.46	77,014 58.26% of 50 DAV 50 DAV is 132,200	$18.40 -0.48%	3/15/2011	$15.48	PP = $15.90
								MB = $16.70
Most Recent Note - 4/21/2011 6:06:43 PM G - Closed at the session high today and matched its all-time high with above average volume behind a 7th consecutive gain. It is extended from any sound base pattern, meanwhile its 50 DMA line and prior highs define important support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 4/12/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
MWIV - NASDAQ M W I Veterinary Supply HEALTH SERVICES - Medical Instruments and; Supplies	$80.24	-0.25 -0.31%	$81.02	144,355 146.85% of 50 DAV 50 DAV is 98,300	$84.97 -5.57%	11/4/2010	$61.79	PP = $59.60
								MB = $62.58
Most Recent Note - 4/25/2011 12:09:16 PM G - Pulling back today from the new all-time high hit on the prior session. Since first featured in yellow on 7/29/10 it has traded as much as +63% higher. Extended from any sound base pattern, its 50 DMA line defines important support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 4/8/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
OPEN - NASDAQ Opentable Inc INTERNET - Internet Software and Services	$108.70	-6.92 -5.99%	$117.92	1,775,671 142.54% of 50 DAV 50 DAV is 1,245,700	$118.66 -8.39%	3/17/2011	$90.71	PP = $96.07
								MB = $100.87
Most Recent Note - 4/26/2011 3:57:59 PM G - Down today on heavy volume. Reporting earnings on Tuesday, May 3rd for the quarter ended March 31, 2011. Repeatedly noted - "Extended from its latest base. Prior highs near $96 and its 50 DMA line define support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 4/25/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | 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
PAY - NYSE Verifone Systems Inc COMPUTER HARDWARE - Transaction Automation Systems	$52.81	-2.04 -3.72%	$55.64	2,047,125 84.22% of 50 DAV 50 DAV is 2,430,800	$58.88 -10.31%	1/27/2011	$41.77	PP = $44.97
								MB = $47.22
Most Recent Note - 4/26/2011 4:01:25 PM G - Reversed into the red after an early gain today. Its 50 DMA line ($51.22 now) defines important chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 4/4/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
PCLN - NASDAQ Priceline.Com Inc INTERNET - Internet Software and Services	$537.69	-6.62 -1.22%	$546.20	809,384 67.87% of 50 DAV 50 DAV is 1,192,600	$547.91 -1.87%	1/3/2011	$399.55	PP = $428.20
								MB = $449.61
Most Recent Note - 4/21/2011 6:09:18 PM G - Closed near the session high today and hit a new 52-week high with a 3rd consecutive gain on below average volume. Without great volume conviction behind any recent gains, it has been repeatedly noted - "Extended from any sound base pattern. Its 50 DMA line has defined support throughout its advance." >>> The latest Featured Stock Update with an annotated graph appeared on 4/20/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
RAX - NYSE Rackspace Hosting Inc INTERNET - Internet Software and; Services	$43.94	-0.81 -1.81%	$45.37	1,203,015 69.36% of 50 DAV 50 DAV is 1,734,500	$45.41 -3.24%	3/16/2011	$36.28	PP = $40.72
								MB = $42.76
Most Recent Note - 4/26/2011 4:23:58 PM G - Reversed into the red after quietly touching a new all-time high today. It is extended from any sound base. Prior highs near $40 define support above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 4/18/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
TIBX - NASDAQ Tibco Software Inc COMPUTER SOFTWARE and SERVICES - Business Software and Services	$29.50	-0.43 -1.44%	$29.99	2,403,770 99.32% of 50 DAV 50 DAV is 2,420,200	$29.98 -1.60%	3/18/2011	$23.88	PP = $26.04
								MB = $27.34
Most Recent Note - 4/20/2011 5:03:45 PM G - Small gap up gain today with below average volume for its second best close. It is extended from a sound base after a spurt of volume-driven gains. As previously noted, support is defined by prior highs in the $25-26 area and its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 4/14/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$69.64	-8.83 -11.25%	$75.45	4,606,789 612.04% of 50 DAV 50 DAV is 752,700	$80.00 -12.95%	3/31/2011	$68.04	PP = $70.79
								MB = $74.33
Most Recent Note - 4/26/2011 11:57:53 AM G - Down considerably today with heavy volume after reporting strong sales and earnings for the quarter ended March 31, 2011. Gapped down and it is now testing support near prior highs in the $70 area and its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 4/1/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | 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
ULTA - NASDAQ Ulta Salon Cosm & Frag SPECIALTY RETAIL - Specialty Retail, Other	$52.57	-0.15 -0.28%	$53.17	557,041 90.66% of 50 DAV 50 DAV is 614,400	$53.99 -2.63%	1/6/2011	$36.12	PP = $37.34
								MB = $39.21
Most Recent Note - 4/20/2011 11:29:14 AM G - Gapped up and hit a new all-time high today. It is extended from any sound base. Its 50 DMA line defines chart support to watch well above prior highs. >>> The latest Featured Stock Update with an annotated graph appeared on 3/29/2011. Click here. View all notes | Alert me of new notes | CANSLIM.net Company Profile | SEC | Zacks Reports | StockTalk | News | Chart |  Request a new note C A N S L I M