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AFTER MARKET UPDATE - FRIDAY, MAY 3RD, 2019
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Indices NYSE Nasdaq
DOW  +197.16 26,504.95 +0.75% Volume 793,438,610 -5% Volume 2,081,862,640 -5%
NASDAQ +127.23 8,164.00 +1.58% Advancers 2,222 78% Advancers 2,337 77%
S&P 500 +28.12 2,945.64 +0.96% Decliners 638 22% Decliners 687 23%
Russell 2000 +31.37 1,614.02 +1.98% 52 Wk Highs 154   52 Wk Highs 118  
S&P 600 +20.12 989.22 +2.08% 52 Wk Lows 9   52 Wk Lows 34  

Breadth Positive as Major Indices Posted Solid Gains

For the week, the S&P 500 and Nasdaq each added 0.2% while the Dow slipped roughly 0.1%. Stocks finished firmly higher Friday, with the major averages rebounding from a midweek slump as investors digested key economic updates. The Dow rose 197 points to 26,504. The S&P 500 added 1% to 2,945 while the Nasdaq Composite climbed 1.6% to 8,164. The volume totals reported were lighter on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by a 3-1 margin on the NYSE and on the Nasdaq exchange. A total of 71 high-ranked companies from the Leaders List hit new 52-week highs and were listed on the BreakOuts Page, up from the total of 28 on the prior session. New 52-week highs totals expanded and easily outnumbered shrinking new 52-week lows totals on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are in a confirmed uptrend while healthy market leadership (stocks hitting new highs) remains a reassuring signThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average is consolidating -1.7% off its record high.

An update from the Labor Department showed non-farm payrolls jumped by 263,000 in April, well above estimates of a 190,000 increase. The unemployment rate unexpectedly declined to a 50-year low of 3.6%, while average hourly earnings increased at a 3.2% annualized rate in April, below projections of 3.3%. A separate report from ISM showed the U.S. services sector grew at a slower-than-anticipated pace in April.

All 11 S&P 500 sectors closed in positive territory with Industrials and Communications Services shares each rising more than 1%. Consumer Discretionary was the best performing sector, with Newell Brands (NWL +13.52%) up after the company topped Wall Street profit and sales estimates in its latest quarterly report. Amazon (AMZN +3.24%) also boosted the group, with shares climbing after Warren Buffett disclosed that Berkshire Hathaway (BRKB +1.24%%) had taken a stake in the eCommerce giant.

Treasuries strengthened despite the strong jobs data, with the yield on the 10-year note easing one basis point to 2.53%. In commodities, WTI crude gave up early gains and finished slightly higher at $62.50/barrel while COMEX gold rose 0.6% to $1,280.10/ounce amid a firmly weaker dollar.

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.


Retail Financial, Tech, and Commodity-Linked Groups Rose

The Broker/Dealer Index ($XBD +1.68%), Bank Index ($BKX +0.79%), and the Retail Index ($RLX +1.52%) posted unanimous gainsThe tech sector had a positive bias as the Biotech Index ($BTK +1.75%) set a strong pace, and the Semiconductor Index ($SOX +0.65%) and the Networking Index ($NWX +0.21%) posted smaller gains. Commodity-linked groups also rebounded as the Gold & Silver Index ($XAU +0.79%), Integrated Oil Index ($XOI +0.97%) and the Oil Services Index ($OSX +1.96%) ended unanimously higher.

Charts courtesy of www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI +0.97%) graph shows it recently meeting resistance at its 200-day moving average (DMA) line and slumping below its 50 DMA line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  91.44 +1.75 +1.95% +13.45%
Integrated Oil $XOI  1,295.55 +12.44 +0.97% +11.77%
Semiconductor $SOX  1,570.70 +10.09 +0.65% +35.97%
Networking $NWX  617.79 +1.30 +0.21% +26.42%
Broker/Dealer $XBD  278.88 +4.60 +1.68% +17.50%
Retail $RLX  2,400.51 +35.91 +1.52% +23.01%
Gold & Silver $XAU  68.79 +0.54 +0.79% -2.65%
Bank $BKX  102.67 +0.80 +0.79% +19.68%
Biotech $BTK  4,773.07 +81.98 +1.75% +13.08%


Violated 50-Day Moving Average Following Latest Earnings Report

Zebra Tech Corp Cl A (ZBRA +$0.52 or +0.25% to $206.46) slumped below its 50-day moving average (DMA) line ($214.71) with this week's damaging volume-driven losses triggering a technical sell signal. Weak action came after it reported earnings +14% on +9% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria). Volume and volatility often increase near earnings news.

It was last shown in this FSU section on 3/25/19 with an annotated graph under the headline, "Zebra Extended From Prior Base". ZBRA traded up as much as +19.7% after highlighted in yellow with new pivot point cited based on its 11/06/18 high plus 10 cents in the 2/14/18 mid-day report (read here).

Fundamentals remain strong and the bullish action came after it reported earnings +33% on +11% sales revenues for the Dec '18 quarter,continuing its strong earnings track record. The past 4 quarters showed earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong since a downturn in FY '08 and '09.

The number of top-rated funds owning its shares from 553 in Sep '17 to 800 in Mar '19, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.0 is an unbiased indication its shares have been neutral concerning accumulation/distribution over the past 50 days. It has earned an B Timeliness Rating and a B Sponsorship Rating. There are 53.9 million shares outstanding (S criteria) which can contribute to greater price volatility in the event of institutional buying or selling.

Charts used courtesy of www.stockcharts.com

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
MLR - NYSE
Miller Industries Inc
AUTOMOTIVE - Auto Parts  
$33.74 +0.44
1.32%

$33.87

36,380
86.62% of 50 DAV
50 DAV is 42,000
$35.26
-4.31%
11/30/2018 $28.35 PP = $29.50
MB = $30.98
Most Recent Note - 4/30/2019 6:09:53 PM
G - Retreated near its 50 DMA line ($32.88) with today's big volume-driven loss. Prior low ($30.38 on 3/27/19) defines the next near-term support to watch. Reported earnings +17% on +13% sales revenues for the Dec '18 quarter, below the +25% minimum guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Below 50-Day Average After Damaging Losses - 4/8/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NSP - NYSE
Insperity Inc
Comml Svcs-Outsourcing  
$121.23 +1.45
1.21%

$122.00

319,764
92.42% of 50 DAV
50 DAV is 346,000
$132.50
-8.51%
4/16/2019 $129.59 PP = $132.60
MB = $139.23
Most Recent Note - 4/30/2019 10:16:05 AM
G - Gapped up today. Violated the prior low ($118) and tested its 200 DMA line ($111) with a damaging volume-driven loss on the prior session following earnings news. Reported earnings +40% on +14% sales revenues for the Mar '19 quarter. Volume and volatility often increase near earnings news. A rebound above the 50 DMA line ($125) is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Line Needed - 4/23/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$206.46 +0.52
0.25%

$208.48

506,360
112.78% of 50 DAV
50 DAV is 449,000
$237.15
-12.94%
2/14/2019 $198.10 PP = $184.85
MB = $194.09
Most Recent Note - 5/3/2019 8:02:43 PM
G - Violated its 50 DMA line ($214.71) with this week's damaging volume-driven losses after it reported earnings +14% on +9% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Violated 50-Day Moving Average Following Latest Earnings Report - 5/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FTNT - NASDAQ
Fortinet Inc
Computer Sftwr-Security  
$85.96 -5.55
-6.06%

$86.68

4,382,639
263.06% of 50 DAV
50 DAV is 1,666,000
$96.96
-11.34%
4/10/2019 $89.76 PP = $88.70
MB = $93.14
Most Recent Note - 5/3/2019 12:40:02 PM
G - Reported earnings +39% on +18% sales revenues for the Mar '19 quarter versus the year ago period. Color code is changed to green after a gap down today violated prior highs in the $88 area and its 50 DMA line ($87.20) triggering a technical sell signal.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Cleared Flat Base and Little Resistance Remains - 4/10/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SPSC - NASDAQ
S P S Commerce Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$106.96 +2.05
1.95%

$107.53

153,007
105.52% of 50 DAV
50 DAV is 145,000
$115.00
-6.99%
3/26/2019 $107.12 PP = $113.41
MB = $119.08
Most Recent Note - 5/1/2019 7:01:31 PM
G - Posted a 3rd volume-driven gain in the span of 4 sessions but a rebound above its 50 DMA line ($105.75) is still needed for its outlook to improve. Reported earnings +54% on +13% sales revenues for the quarter ended March 31, 2019 versus the year ago period. Prior highs in the $98-100 area define important near-term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Average Line Building Base-On-Base - 5/1/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
SSNC - NASDAQ
S S & C Technologies
COMPUTER SOFTWARE and SERVICES - Application Software  
$60.00 -0.35
-0.58%

$60.93

1,750,914
106.50% of 50 DAV
50 DAV is 1,644,000
$67.73
-11.41%
2/15/2019 $59.73 PP = $61.07
MB = $64.12
Most Recent Note - 5/1/2019 1:44:01 PM
G - Reported earnings +72% on +170% sales revenues for the Mar '19 quarter and gapped down today violating its 50 DMA line, triggering a technical sell signal. Volume and volatility often increase near earnings news. A rebound above its 50 DMA line ($63.19) is needed for its outlook to improve.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling in Recent Weeks - 3/27/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
AUDC - NASDAQ
Audiocodes Ltd
ELECTRONICS - Scientific and Technical Instrum  
$14.77 +0.02
0.14%

$14.97

207,049
94.54% of 50 DAV
50 DAV is 219,000
$17.44
-15.31%
3/20/2019 $13.66 PP = $15.06
MB = $15.81
Most Recent Note - 4/30/2019 10:12:38 AM
G - Abruptly retreated today undercutting the prior high ($14.96) and its 50 DMA line ($14.38). Reported earnings +38% on +10% sales revenues for the Mar '19 quarter. Volume and volatility often increase near earnings news. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Earnings News Due for Israel-Based VOIP Firm - 4/29/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$72.45 +1.28
1.80%

$72.67

281,001
87.54% of 50 DAV
50 DAV is 321,000
$72.39
0.08%
3/15/2019 $66.05 PP = $64.90
MB = $68.15
Most Recent Note - 5/1/2019 7:04:20 PM
G - Pulled back from its all-time high with today's 2nd consecutive loss with below average volume. The 50 DMA line ($65.39) and prior high ($64.80 on 9/14/18) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Negative Reversal After Another New High - 4/24/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LHCG - NASDAQ
L H C Group Inc
HEALTH SERVICES - Home Health Care  
$114.82 +2.44
2.17%

$114.98

214,286
80.26% of 50 DAV
50 DAV is 267,000
$115.54
-0.62%
4/29/2019 $110.94 PP = $115.64
MB = $121.42
Most Recent Note - 5/3/2019 8:09:39 PM
Y - Rose near the new pivot point cited based on its 3/22/19 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Found prompt support at its 200 DMA line.
>>> FEATURED STOCK ARTICLE : Sputtering Near 50-Day Moving Average Line - 4/1/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ENSG - NASDAQ
Ensign Group Inc
HEALTH SERVICES - Long-Term Care Facilities  
$51.42 +0.62
1.22%

$51.47

252,553
90.20% of 50 DAV
50 DAV is 280,000
$54.56
-5.76%
4/30/2019 $51.46 PP = $53.30
MB = $55.97
Most Recent Note - 4/30/2019 10:22:15 AM
Y - Recently rebounded above its 50 DMA line ($50.51) helping its outlook improve. Color code is changed to yellow with new pivot point cited based on its 4/05/19 high while building on a double bottom base. Due to report earnings results after the close on Monday, May 6, 2019. Volume and volatility often increase near earnings news.
>>> FEATURED STOCK ARTICLE : Two Damaging Losses Hurt Outlook - 4/17/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
LULU - NASDAQ
Lululemon Athletica
MANUFACTURING - Textile Manufacturing  
$178.64 +2.09
1.18%

$178.98

1,036,577
45.95% of 50 DAV
50 DAV is 2,256,000
$179.50
-0.48%
3/28/2019 $169.20 PP = $164.89
MB = $173.13
Most Recent Note - 4/29/2019 5:38:52 PM
G - Quietly hovering above the "max buy" level and its color code is changed to green. Prior highs define initial support to watch above its 50 DMA line ($157.50).
>>> FEATURED STOCK ARTICLE : Breakway Gap Backed by More Than 6 Times Average Volume - 3/28/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NXST - NASDAQ
Nexstar Media Group Cl A
MEDIA - Broadcasting - TV  
$111.10 -0.09
-0.08%

$112.30

489,150
87.35% of 50 DAV
50 DAV is 560,000
$119.93
-7.36%
5/1/2019 $115.33 PP = $120.03
MB = $126.03
Most Recent Note - 5/2/2019 5:31:59 PM
Y - Down today with above average volume, pulling back toward its 50 DMA line ($108.16) which defines near-term support to watch. More damaging losses would raise greater concerns. Due to report earnings results before the market opens on Wednesday, May 8, 2019. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Hitting New High and Very Extended From Prior Base - 4/4/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ULTA - NASDAQ
Ulta Beauty Inc
SPECIALTY RETAIL - Specialty Retail, Other  
$341.96 -1.72
-0.50%

$346.12

728,586
95.49% of 50 DAV
50 DAV is 763,000
$359.69
-4.93%
3/15/2019 $341.27 PP = $322.59
MB = $338.72
Most Recent Note - 5/2/2019 5:33:28 PM
G - Posted a gain today after testing its 50 DMA line ($335.25).which defines important near term support above prior highs.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling in Recent Weeks While Hovering Near High - 4/26/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
UBNT - NASDAQ
Ubiquiti Networks
TELECOMMUNICATIONS - Diversified Communication Serv  
$171.16 +2.10
1.24%

$171.30

220,514
66.22% of 50 DAV
50 DAV is 333,000
$174.95
-2.17%
2/8/2019 $121.97 PP = $115.54
MB = $121.32
Most Recent Note - 4/29/2019 5:51:03 PM
G - Hovering near its all-time high, very extended from any sound base. Its 50 DMA line ($152) and prior high ($148.68 on 2/27/19) define near-term support to watch. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Extended From Any Sound Bass and Wedging to New Highs - 4/12/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ESNT - NYSE
Essent Group Ltd
Finance-MrtgandRel Svc  
$47.90 +0.01
0.02%

$48.62

759,428
125.32% of 50 DAV
50 DAV is 606,000
$48.13
-0.48%
3/18/2019 $45.84 PP = $45.06
MB = $47.31
Most Recent Note - 5/1/2019 7:21:17 PM
Y - Due to report earnings news before the open on May 3rd. Volume and volatility often increase near earnings news. Pulled back today with near average volume breaking a streak of 7 consecutive gains with lighter than average volume. Found support above its 50 DMA line ($44.78) reassuringly during the recent consolidation. Faces very little resistance due to overhead supply up to the $50 level.
>>> FEATURED STOCK ARTICLE : Perched Above Pivot Point With Earnings News Due May 3rd - 4/25/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$146.08 +2.50
1.74%

$146.30

542,155
47.98% of 50 DAV
50 DAV is 1,130,000
$148.22
-1.44%
4/11/2019 $132.05 PP = $133.75
MB = $140.44
Most Recent Note - 5/1/2019 7:06:22 PM
G - Pulled back today for a 2nd consecutive loss with lighter than average volume. Recent gains lacked great volume conviction. Prior highs in the $133-136 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Finished Strong After Featured Again in Mid-Day Report - 4/11/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$268.52 +5.85
2.23%

$269.31

1,653,027
89.30% of 50 DAV
50 DAV is 1,851,000
$273.82
-1.94%
4/22/2019 $242.64 PP = $251.75
MB = $264.34
Most Recent Note - 5/3/2019 8:11:16 PM
G - Color code is changed to green after rallying above its "max buy" level. Bullish action was noted last week after it reported earnings +20% on +34% sales revenues for the Mar '19 quarter, below the +25% minimum earnings guideline (C criteria), raising concerns, fundamentally. Prior high ($251.65 on 3/21/19) and its 50 DMA line ($244.54) define near-term support to watch.
>>> FEATURED STOCK ARTICLE : Found Recent Support at 50-Day Moving Average - 4/15/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$250.77 +4.04
1.64%

$250.94

1,012,934
77.32% of 50 DAV
50 DAV is 1,310,000
$260.63
-3.78%
2/25/2019 $233.54 PP = $239.60
MB = $251.58
Most Recent Note - 4/29/2019 5:45:54 PM
Y - Posted a 6th consecutive small gain today with lighter than average volume. Found support near its 50 DMA line ($240) and the prior low ($233.15 on 4/04/19). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior High and 50-Day Average - 4/3/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$91.70 -0.07
-0.08%

$93.78

879,499
281.89% of 50 DAV
50 DAV is 312,000
$98.30
-6.71%
5/2/2019 $91.25 PP = $98.40
MB = $103.32
Most Recent Note - 5/3/2019 1:25:51 PM
Y - On track today for a 4th consecutive volume-driven gain. Finished in the middle of a wider than usual intra-day trading range on the prior session after highlighted in yellow with pivot point cited still based on its 7/24/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. Reported earnings +36% on +16% sales revenues for the Mar '19 quarter, continuing its strong earnings history. Perched near its 52-week and all-time high with today's 3rd consecutive volume-driven gain. Price action was choppy since dropped from the Featured Stocks list on 10/08/18 but fundamentals remain strong. See the latest FSU analysis for more details and an annotated graph.
>>> FEATURED STOCK ARTICLE : Rallying to Challenge Previously Stubborn Resistance - 5/2/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$278.41 -32.44
-10.44%

$278.44

5,826,612
744.14% of 50 DAV
50 DAV is 783,000
$331.27
-15.96%
3/13/2019 $295.38 PP = $313.37
MB = $329.04
Most Recent Note - 5/3/2019 8:06:55 PM
G - Gapped down today violating its 50 DMA line ($304.38) with a damaging volume-driven loss triggering a technical sell signal and its color code is changed to green. Weak action came after it report earnings +39% on +26% sales revenues for the Mar '19 quarter.
>>> FEATURED STOCK ARTICLE : Hovering Near High With Volume Totals Cooling - 4/22/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$206.89 +5.42
2.69%

$207.15

891,776
152.18% of 50 DAV
50 DAV is 586,000
$206.89
0.00%
2/6/2019 $171.66 PP = $164.18
MB = $172.39
Most Recent Note - 5/3/2019 8:14:41 PM
G - Reported earnings +25% on +30% sales revenues for the Mar '19 quarter. Rallied to new highs with 3 gains in the past 4 session backed by above average volume. It is extended from any sound base. Held its ground at its 50 DMA line ($186.91) which defines important near-term support to watch above recent lows.
>>> FEATURED STOCK ARTICLE : Paycom Software Quietly Hovering Near All-Time High - 4/16/2019
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$111.96 +2.26
2.06%

$112.12

4,660,846
71.18% of 50 DAV
50 DAV is 6,548,000
$113.69
-1.52%
1/24/2019 $92.56 PP = $93.80
MB = $98.49
Most Recent Note - 5/1/2019 7:13:53 PM
G - Pulled back today with light volume after hitting new all-time highs with a streak of 6 consecutive gains marked by higher volume. Very extended from any sound base and well above its 50 DMA line ($102.92) which defines support to watch. Recently reported earnings +37% on +12% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Extended From Base After Gains in Recent Weeks Lacking Volume - 4/2/2019
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ALRM - NASDAQ
Alarm.com Holdings Inc
Security/Sfty  
$71.00 +0.87
1.24%

$71.40

294,081
68.07% of 50 DAV
50 DAV is 432,000
$71.46
-0.64%
1/22/2019 $60.52 PP = $60.30
MB = $63.32
Most Recent Note - 4/29/2019 5:34:37 PM
G - Holding its ground stubbornly after wedging to new highs with gains lacking great volume conviction. Found prompt support near the 50 DMA line after it reported earnings +12% on +25% sales revenues for the Dec '18 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Following Sub Par Report - 3/29/2019
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PLNT - NYSE
Planet Fitness Inc Cl A
Leisure-Services  
$72.67 -2.68
-3.56%

$75.60

5,042,062
338.39% of 50 DAV
50 DAV is 1,490,000
$77.34
-6.04%
11/7/2018 $57.10 PP = $55.45
MB = $58.22
Most Recent Note - 5/3/2019 1:13:36 PM
G - Pulled back and tested support at its 50 DMA line ($68.55) today with a volume-driven loss after reporting earnings +30% on +23% sales revenues for its first quarter ended March 31, 2019. Volume and volatility often increase near earnings news. It remains very extended from any sound base.
>>> FEATURED STOCK ARTICLE : Perched Near High Very Extended From Prior Base - 4/5/2019
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$110.41 +1.40
1.28%

$111.70

854,334
50.43% of 50 DAV
50 DAV is 1,694,000
$117.06
-5.68%
4/16/2019 $114.77 PP = $116.80
MB = $122.64
Most Recent Note - 5/1/2019 7:15:57 PM
G - Retreated quietly today to close just below the 50 DMA line ($109.19) after wedging higher. Recently reported earnings +133% on +38% sales revenues for the Mar '19 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near High Enduring Distributional Pressure - 4/9/2019
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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
GLOB - NYSE
Globant SA
Computer-Tech Services  
$84.35 +1.45
1.75%

$84.64

256,020
135.46% of 50 DAV
50 DAV is 189,000
$85.00
-0.76%
2/15/2019 $69.35 PP = $70.00
MB = $73.50
Most Recent Note - 4/30/2019 6:03:51 PM
G - Posted a big gain today with light volume for a best-ever close. Very extended from any sound base. Near-term support is at its prior high ($74) and its 50 DMA line ($73.92). Violations would raise concerns and trigger technical sell signals.
>>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Quietly Perched Near High - 3/26/2019
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TTD - NASDAQ
The Trade Desk Inc Cl A
Comml Svcs-Advertising  
$231.96 +6.80
3.02%

$232.70

1,316,763
84.84% of 50 DAV
50 DAV is 1,552,000
$227.33
2.04%
4/22/2019 $211.03 PP = $214.80
MB = $225.54
Most Recent Note - 5/3/2019 8:08:34 PM
G - Color code is changed to green after rallying above its "max buy" level. Disciplined investors will note that gains above the pivot point did not have the volume necessary to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line ($202.76) defines initial support to watch above the prior low ($178.30 on 3/27/19). Due to report earnings news before the open on 5/09/19.
>>> FEATURED STOCK ARTICLE : Pulled Back Below "Max Buy" Level After Wedging Higher - 4/30/2019
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