FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Monday, February 26, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - MONDAY, MAY 3RD, 2010

Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	+143.22	11,151.83	+1.30%	Volume	1,183,170,220	-25%	Volume	2,263,701,380	-15%
NASDAQ	+37.55	2,498.74	+1.53%	Advancers	2,358	74%	Advancers	1,984	70%
S&P 500	+15.57	1,202.26	+1.31%	Decliners	718	23%	Decliners	761	27%
Russell 2000	+16.22	732.82	+2.26%	52 Wk Highs	252		52 Wk Highs	141
S&P 600	+8.45	389.54	+2.22%	52 Wk Lows	8		52 Wk Lows	19

Stocks Rally On Lighter Volume Following Latest Distribution Day
Adam Sarhan, Contributing Writer,

The major averages soared on the first trading day of the month after news broke that Greece will get a bailout. Lighter volume totals reported on the NYSE and on the Nasdaq exchange compared to Friday's levels revealed a lack of substantial buying efforts from the influential institutional crowd. Advancers led decliners by more than a 3-to-1 ratio on the NYSE and nearly a 3-to-1 ratio on the Nasdaq exchange. New 52-week highs easily trumped new 52-week lows. There were only 18 high-ranked companies from the CANSLIM.net Leaders List that made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, lower than the 38 issues that appeared on the prior session. A healthy crop of new leaders making new highs bodes well for any market rally.

Over the weekend, news broke that the EU will spend $146 billion to bailout Greece. The news sent the EU plunging as fear spread that other EU nations will also need assistance. In the US, billionaire investor, Warren Buffett defended Goldman Sachs Group Inc. (GS +2.96%) at his annual shareholders meeting in Omaha. Last year, Buffett invested $5 billion in the investment bank and said the bank should not be blamed for losses on lousy mortgage bets.

Elsewhere, US manufacturing grew at the fastest pace since 2004 and personal income and spending also rose which helped lift stocks. Approximately +78% of the S&P 500 companies that have reported their Q1 results have topped estimates which bodes well for the economic recovery.

It is important to note that the major averages have been steadily rallying since early February and a pullback of some sort should be expected. The increasing number of distribution days is putting pressure on this 9-week rally. However, the fact that the market continues to shrug off most of the negative data bodes well for this 10-week confirmed rally.

PICTURED: The Dow Jones Industrial Average has several recent distribution days in the span of just a few weeks, putting the current rally under pressure without causing any great technical damage thus far.

Tech, Retail, and Financial Indices Among Monday's Best Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Tech shares were among the session's best gainers as the Semiconductor Index ($SOX +2.63%) outpaced the Networking Index ($NWX +1.90%), Biotechnology Index ($BTK +1.85%), and Internet Index ($IIX +1.72%) with solid gains. The Retail Index ($RLX +1.73%) and financial shares provided a positive influence for the major averages as the Broker/Dealer Index ($XBD +1.68%) and Bank Index ($BKX +1.70%) finished with respectable gains. Defensive areas were relatively sluggish as the Healthcare Index ($HMO +0.28%) inched higher and energy-related shares had a positive bias that helped the Integrated Oil Index ($XOI +0.47%) and Oil Services Index ($OSX +0.68%) post modest losses. Meanwhile, the Gold & Silver Index ($XAU -1.37%) lagged most other groups while finishing Monday's session with a loss.

Charts courtesy www.stockcharts.com

PICTURED: The Internet Index ($IIX +1.72%) has been recently consolidating well above its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	213.58	+1.45	+0.68%	+9.57%
Healthcare	$HMO	1,508.21	+4.25	+0.28%	+2.39%
Integrated Oil	$XOI	1,101.41	+5.17	+0.47%	+3.11%
Semiconductor	$SOX	385.97	+9.90	+2.63%	+7.24%
Networking	$NWX	272.71	+5.08	+1.90%	+18.03%
Internet	$IIX	257.21	+4.35	+1.72%	+9.99%
Broker/Dealer	$XBD	122.04	+2.01	+1.68%	+6.08%
Retail	$RLX	483.35	+8.20	+1.73%	+17.57%
Gold & Silver	$XAU	176.57	-2.45	-1.37%	+4.95%
Bank	$BKX	56.67	+0.95	+1.70%	+32.69%
Biotech	$BTK	1,221.00	+22.22	+1.85%	+29.60%

Sales Revenues And Earnings Showed Acceleration In Latest Quarter
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Intuitive Surgical Inc. (ISRG +$11.16 or +3.23% to $372.22) has been consolidating quietly in a tight range near its pivot point while staying above its 50-day moving average (DMA). Subsequent violations of its recent chart low or 50-day moving average (DMA) line could raise more serious concerns and trigger sell signals. It had suffered a technically damaging loss and an annotated graph was included under the 4/07/10 headline "Volume Surges Behind Damaging Losses" as it sank under its recent chart low ($338.52 on 3/26/10) and violated its 50-day moving average (DMA) line triggering worrisome sell signals while volume increased to nearly twice its average daily trading total. The prompt repair of its 50 DMA line breach was a reassuring sign of support, and additional gains helped ISRG show enough resilience to be featured again in yellow in the 4/13/10 mid-day report (read here) with new pivot point cited based on its 3/03/10 high.

The latest comparison for the period ended March 31, 2010 showed a continuation of the very impressive acceleration in sales revenues and earnings growth. Its powerful rally to new high territory was an even more reassuring sign of institutional accumulation that provided the latest technical buy signal, however the heavy distribution on 4/16/10 and weakness below its prior chart highs raised more recent concerns. The number of top-rated funds owning its shares has risen from 282 in Jun '09 to 306 in Mar '10, which is reassuring concerning the investment system's I criteria. Its annual earnings history (the A criteria) has been very impressive. Earlier notes had outlined technical deterioration before and when it was dropped from the Featured Stocks list on 6/10/08. ISRG traded up more than 13-fold since first featured in yellow in CANSLIM.net reports in the summer of 2004.

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 quote data in this table corresponds with the timestamp on the note***

Symbol/Exchange Company Name Industry Group	Last	Chg.	Vol % DAV	Date Featured	Price Featured	Latest Pivot Point Featured	Status
						Latest Max Buy Price
AMZN - NASDAQ Amazon.com Inc INTERNET - Internet Software & Services	$137.49	+0.39	5,653,902 75% DAV 7,495,700	4/23/2010 (Date Featured)	$144.41 (Price Featured)	PP = $146.01	G
						MB = $153.31
Most Recent Note - 5/3/2010 5:51:10 PM G - Quietly consolidating above its 50 DMA line. It was featured in the 4/23/10 mid-day report (read here) while encountering distributional pressure following strong results for the March 31, 2010 quarter. Stocks that are "healthy" do not drift more than -7% below their pivot point after a fresh buy signal. Pyramiding into positions and limiting losses are critical parts to success. >>> The latest Featured Stock Update with an annotated graph appeared on 4/23/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
ARUN - NASDAQ Aruba Networks Inc COMPUTER HARDWARE - Networking & Communication Dev	$12.77	+0.21	1,227,921 76% DAV 1,615,900	4/29/2010 (Date Featured)	$13.23 (Price Featured)	PP = $14.12	G
						MB = $14.83
Most Recent Note - 5/3/2010 5:53:26 PM G - Small gain today on light volume after slumping below its 50 DMA line on the prior session raised concerns. While approaching recent chart lows, its color code was changed to green. >>> The latest Featured Stock Update with an annotated graph appeared on 4/29/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
BIDU - NASDAQ Baidu Inc Ads INTERNET - Internet Information Providers	$708.99	+20.03	1,042,668 68% DAV 1,525,500	1/13/2010 (Date Featured)	$431.25 (Price Featured)	PP = $426.75	G
						MB = $448.09
Most Recent Note - 5/3/2010 5:55:20 PM G - Holding its ground since a considerable gap up gain on 4/29/10 with more than twice its average volume after reporting great results for the quarter ended March 31, 2010. There was an impressive acceleration in sales revenues (+60%) and earnings (+144%). Its streak of 13 consecutive weekly gains leaves it extended from any sound base. Repeatedly noted - "could produce more climactic gains, especially due to the small supply (S criteria) of shares outstanding." >>> The latest Featured Stock Update with an annotated graph appeared on 4/20/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
BPI - NYSE Bridgepoint Education DIVERSIFIED SERVICES - Education &; Training Services	$23.57	-2.14	552,002 117% DAV 471,000	4/13/2010 (Date Featured)	$25.59 (Price Featured)	PP = $25.76	G
						MB = $27.05
Most Recent Note - 5/3/2010 11:54:24 AM G - After reporting its latest earnings news it gapped up today and then abruptly reversed into the red. Enduring distributional pressure while still consolidating well above its 50 DMA line. The Commercial Services - Schools firm was featured in yellow in the 4/13/10 mid-day report (read here) as rose from a cup-with-high-handle. >>> The latest Featured Stock Update with an annotated graph appeared on 4/13/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
BRLI - NASDAQ Bio Reference Labs Inc HEALTH SERVICES - Medical Laboratories & Researc	$23.40	-0.79	106,066 54% DAV 196,300	2/12/2010 (Date Featured)	$39.02 (Price Featured)	PP = $20.49	G
						MB = $21.51
Most Recent Note - 4/30/2010 6:02:21 PM G - Consolidating quietly after a big winning streak and a 2:1 stock split. Prior chart highs and its 50 DMA line are support levels to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 4/16/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
CISG - NASDAQ Cninsure Inc Ads INSURANCE - Insurance Brokers	$28.40	+0.66	200,189 78% DAV 255,100	3/3/2010 (Date Featured)	$24.38 (Price Featured)	PP = $23.10	Y
						MB = $24.26
Most Recent Note - 5/3/2010 5:59:10 PM Y - Rallying near its 52-week high. In the Certification they teach that a valid "second chance" entry point after a breakout occurs may be anywhere after a successful test of support at the stock's 10-week average, up to as much as +5% above its post-breakout high (in this case $28.62 +5% or $29.95). Its color code was changed to yellow, however the prior high is not considered a "pivot point" by definition since it did not form a proper new base. >>> The latest Featured Stock Update with an annotated graph appeared on 4/19/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
CRM - NYSE Salesforce.com Inc INTERNET - Internet Software & Services	$85.60	-2.54	1,114,141 65% DAV 1,723,300	3/5/2010 (Date Featured)	$72.28 (Price Featured)	PP = $75.53	G
						MB = $79.31
Most Recent Note - 4/30/2010 6:05:46 PM G - Quietly consolidating from all-time highs with volume totals cooling for the past week. It is extended from prior chart highs and well above its "max buy" level. Patience may allow disciplined investors to accumulate shares without chasing it too far from a sound base. >>> The latest Featured Stock Update with an annotated graph appeared on 4/21/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
CTRP - NASDAQ Ctrip.com Intl Ltd Adr LEISURE - Resorts & Casinos	$37.03	+0.53	786,029 42% DAV 1,875,700	3/25/2010 (Date Featured)	$40.74 (Price Featured)	PP = $39.40	G
						MB = $41.37
Most Recent Note - 5/3/2010 6:01:23 PM G - Small gain on light volume, remaining below its 50 DMA line. Color code was changed to green. Violation of its 4/21/10 low ($35.60) would complete a bearish head-and-shoulders type pattern formed over the past 8 weeks and could raise more serious concerns. >>> The latest Featured Stock Update with an annotated graph appeared on 4/12/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
EZPW - NASDAQ Ezcorp Inc Cl A SPECIALTY RETAIL - Specialty Retail, Other	$21.35	+0.61	661,867 120% DAV 553,600	4/14/2010 (Date Featured)	$21.80 (Price Featured)	PP = $22.29	G
						MB = $23.40
Most Recent Note - 5/3/2010 G - Promptly found support and rebounded today for a close back above its 50 DMA line. A considerable loss on 4/30/10 pressured it under its March highs and completely negated its latest breakout triggering technical sell signals. The impact of a proposed law, and possibly more to come, fueled speculation and concern in the industry. >>> The latest Featured Stock Update with an annotated graph appeared on 4/27/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
ISRG - NASDAQ Intuitive Surgical Inc HEALTH SERVICES - Medical Appliances & Equipment	$372.22	+11.66	531,823 93% DAV 572,300	4/13/2010 (Date Featured)	$363.46 (Price Featured)	PP = $367.10	Y
						MB = $385.46
Most Recent Note - 5/3/2010 6:06:09 PM Y - Consolidating quietly in a tight range near its pivot point.and above its 50 DMA line. A subsequent violation of its recent chart low or 50 DMA line could raise more serious concerns and trigger sell signals. ISRG was featured again in the 4/13/10 mid-day report (read here) with new pivot point cited based on its 3/03/10 high. >>> The latest Featured Stock Update with an annotated graph appeared on 5/3/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
LL - NYSE Lumber Liquidators Hldgs RETAIL - Home Improvement Stores	$31.52	+1.06	459,628 110% DAV 418,800	4/22/2010 (Date Featured)	$29.87 (Price Featured)	PP = $29.03	G
						MB = $30.48
Most Recent Note - 5/3/2010 6:07:22 PM G - Started this week with a solid gain. A "positive reversal" on 4/28/10 was a sign of prompt support near prior chart highs in the $28 area. First featured in yellow at $29.87 in the 4/22/10 the mid-day report (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 4/26/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
LOPE - NASDAQ Grand Canyon Education DIVERSIFIED SERVICES - Education &; Training Services	$25.08	+0.90	394,717 104% DAV 378,500	4/13/2010 (Date Featured)	$27.71 (Price Featured)	PP = $27.33	G
						MB = $28.70
Most Recent Note - 5/3/2010 6:08:54 PM G - Gain on average volume today helped it close back above its 50 DMA line while ending a streak of 8 consecutive losses. Like many for-profit schools, it encountered distributional pressure in the wake of recently proposed regulatory changes. >>> The latest Featured Stock Update with an annotated graph appeared on 4/14/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
PCLN - NASDAQ Priceline.com Inc INTERNET - Internet Software & Services	$399.55	-4.72	584,812 N/A	11/1/2002 (Date Featured)	$399.55 (Price Featured)	PP = $428.20	Y
						MB = $449.61
Most Recent Note - 1/2/2011 Y - Returns to Featured Stocks list with its appearance in the January 2011 CANSLIM.net News including detailed analysis and annotated daily and weekly graphs. >>> The latest Featured Stock Update with an annotated graph appeared on 4/28/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
ROVI - NASDAQ Rovi Corp COMPUTER SOFTWARE & SERVICES - Security Software & Services	$39.14	+0.16	1,416,581 112% DAV 1,265,900	4/20/2010 (Date Featured)	$37.62 (Price Featured)	PP = $38.60	Y
						MB = $40.53
Most Recent Note - 5/3/2010 6:12:41 PM Y - Stubbornly holding its ground near its 52-week high. Its 50 DMA line and recent chart low ($35.91 on 4/08/10) define important support to watch. Earnings news is due on May 6th. >>> The latest Featured Stock Update with an annotated graph appeared on 4/8/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
SIRO - NASDAQ Sirona Dental Systems HEALTH SERVICES - Medical Instruments & Supplies	$42.27	+0.58	551,293 109% DAV 504,800	2/16/2010 (Date Featured)	$36.43 (Price Featured)	PP = $36.15	G
						MB = $37.96
Most Recent Note - 5/3/2010 6:13:46 PM G - Stubbornly holding its ground since its 4/23/10 gap up, extended from any sound base. Its 50 DMA line is an initial support level to watch above its 4/08/10 low ($37.00). Earnings release is scheduled for May 5th. >>> The latest Featured Stock Update with an annotated graph appeared on 4/22/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
ULTA - NASDAQ Ulta Salon Cosm & Frag SPECIALTY RETAIL - Specialty Retail, Other	$23.93	+0.81	309,524 72% DAV 431,100	3/12/2010 (Date Featured)	$22.81 (Price Featured)	PP = $21.72	G
						MB = $22.81
Most Recent Note - 5/3/2010 6:16:13 PM G - It rallied again on lighter volume following heavy distributional pressure and the negative reversal that occurred on 4/26/10 at its 52-week high. A subsequent violation of its 50 DMA line or recent chart low $21.66 could trigger damaging technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 4/30/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile
VIT -	$24.93	+1.08	153,077 22% DAV 708,400	4/9/2010 (Date Featured)	$23.79 (Price Featured)	PP = $23.95	Y
						MB = $25.15
Most Recent Note - 5/3/2010 12:05:34 PM Y - Rebounding back above its pivot point with a gain today on quiet volume. Its considerable loss on 4/28/10 with volume more than 2 times average raised concerns while testing support near prior chart highs. Support to watch is its 50 DMA line, and any more damaging losses would raise serious concerns. A subsequent close below its 3/09/10 close ($23.41) would technically negate its latest breakout. Featured in the 4/09/10 mid-day report (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 4/9/2010. click here.
C A S I \| News \| Chart \| SEC View all notes Alert me of new notes Company Profile

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. This site is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.