Stocks finished higher for the first time in three sessions on Wednesday as the major averages posted gains. Volume on the session was lighter than the prior session's volume totals on both the NYSE and on the Nasdaq exchange which indicated a lack of buying enthusiasm from the institutional crowd. Advancers led decliners by almost a 3-2 margin on the NYSE and by a 5-4 margin on the Nasdaq exchange. There were 20 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 prior session total of 6 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 11 of the 14 high-ranked companies currently included on the Featured Stocks Page. The market (M criteria) uptrend clearly came under pressure on the prior session while leadership quickly evaporated.  Any new buying efforts should be selective and focused in stocks meeting all key criteria of the fact-based investment system.

PICTURED: The Nasdaq Composite Index rebounded from its worst day since May as it increased 27 points to 4,419 while consolidating above its prior highs.

The CANSLIM.net Featured Stocks Page shows the most action-worthy candidates and their latest notes and a Headline Link directs members to the latest detailed analysis with data-packed graphs annotated by a Certified expert along with links to additional resources.  The Premium Member Homepage includes "dynamic archives" to all prior pay reports published. Watch for an announcement via email concerning the next WEBCAST.

The Retail Index ($RLX +0.82%) was a positive influence on the major averages on Wednesday. The tech sector saw unanimous gains from the Networking Index ($NWX +0.60%), Semiconductor Index ($SOX +0.61%), and the Biotechnology Index ($BTK +1.40%). Financial shares were mixed as the Broker/Dealer Index ($XBD -0.46%) edged lower and the Bank Index ($BKX +0.38%) posted a small gain. Energy-related shares drifted higher as the Integrated Oil Index ($XOI +0.33%) and the Oil Services Index ($OSX +0.37%) both posted small gains. The Gold & Silver Index ($XAU +2.59%) was a standout gainer.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.82%) is consolidating above its 50-day moving average (DMA) line and -4.5% off its 2014 high.

This Spanish firm from the Medical- Ethical Drugs industry was first highlighted in yellow at $41.14 with pivot point cited based on its 3/11/14 high plus 10 cents in the 5/15/14 mid-day report (read here). Technically, it triggered a buy signal with a volume-driven gain on 6/06/14 but stalled soon thereafter.

It reported earnings +34% on +25% sales revenues for the Mar '14 quarter, marking its 4th consecutive quarter with earnings above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) has also been strong. The number of top-rated funds owning its shares rose from 186 in Sep '13 to 195 in Jun '14, a reassuring sign of institutional buying demand (I criteria). Its current Up/Down Volume Ratio of 1.2 is an unbiased indication that its shares have been under accumulation over the past 50 days.

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
ACT - NYSE Actavis plc Medical-Generic Drugs	$217.28	+0.39 0.18%	$217.78	2,263,909 97.92% of 50 DAV 50 DAV is 2,312,000	$230.77 -5.85%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 7/7/2014 4:33:29 PM Y - Still hovering within close striking distance of its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Volume Above Average as Generic Drug Firm Approaches Highs - 6/24/2014 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
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$41.30	-0.03 -0.07%	$41.67	247,111 35.16% of 50 DAV 50 DAV is 702,900	$47.10 -12.31%	5/21/2014	$44.85	PP = $44.85
								MB = $47.09
Most Recent Note - 7/7/2014 11:58:46 AM G - Slumping below its 50 DMA line with heavier volume behind today's loss. Faces some resistance due to overhead supply up through the $47 level. >>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Average and Relative Strength Slightly Improved - 7/1/2014 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
AL - NYSE Air Lease Corp Cl A DIVERSIFIED SERVICES - Rental and Leasing Services	$36.96	+0.23 0.63%	$37.32	680,297 62.87% of 50 DAV 50 DAV is 1,082,000	$42.89 -13.83%	5/9/2014	$38.27	PP = $38.25
								MB = $40.16
Most Recent Note - 7/7/2014 4:35:01 PM G - Slumped further below its 50 DMA line today. A subsequent violation of its recent low ($36.55 on 6/13/17) would raise more serious concerns and trigger a worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Finding Support Near 50-Day Moving Average Line - 7/2/2014 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
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$46.73	+0.68 1.48%	$47.21	754,114 79.63% of 50 DAV 50 DAV is 947,000	$49.67 -5.92%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 7/8/2014 12:25:36 PM Y - Down considerably today with above average volume amid widespread weakness in China-based companies. Prior highs near $46 define initial support to watch. Color code is changed to yellow after the pullback. Keep in mind that odds are far more favorable for investors who buy while stocks are rising, rather than accumulating on pullbacks. >>> FEATURED STOCK ARTICLE : Perched At High With No Resistance Remaining Due to Overhead Supply - 6/27/2014 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
BWLD - NASDAQ Buffalo Wild Wings Inc LEISURE - Restaurants	$159.46	+2.50 1.59%	$160.11	322,573 70.43% of 50 DAV 50 DAV is 458,000	$167.36 -4.72%	6/19/2014	$158.52	PP = $159.91
								MB = $167.91
Most Recent Note - 7/8/2014 12:40:06 PM Y - Pulling back today amid widespread weakness. Deterioration leading to a close below the prior high close ($156.35 on 3/21/14) would raise greater concerns and completely negate the recent technical breakout. >>> FEATURED STOCK ARTICLE : Perched Near Highs With Strong Fundamentals - 6/19/2014 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
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	$93.25	+0.56 0.60%	$93.60	196,969 45.91% of 50 DAV 50 DAV is 429,000	$102.51 -9.03%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 7/9/2014 5:54:24 PM G - Still consolidating well above its 50 DMA line. Strength has continued despite fundamental flaws repeatedly noted. >>> FEATURED STOCK ARTICLE : Strength Continued Despite Fundamental Flaws - 6/25/2014 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
GRFS - NASDAQ Grifols Sa Ads Medical-Ethical Drugs	$40.98	+0.21 0.52%	$41.00	906,061 132.47% of 50 DAV 50 DAV is 684,000	$46.66 -12.17%	5/15/2014	$41.14	PP = $43.55
								MB = $45.73
Most Recent Note - 7/9/2014 5:48:26 PM G - Recently slumped below its 50 DMA line with damaging losses. A rebound above the 50 DMA line is needed to help its outlook improve. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Triggered Technical Sell Signal - 7/9/2014 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
HF - NYSE H F F Inc Cl A REAL ESTATE - Property Management/Developmen	$37.11	+0.70 1.92%	$37.22	269,047 137.27% of 50 DAV 50 DAV is 196,000	$38.23 -2.93%	6/20/2014	$34.60	PP = $36.16
								MB = $37.97
Most Recent Note - 7/9/2014 5:52:33 PM Y - Managed a positive reversal today and finished near the session high with a gain on above average volume. Color code was changed to yellow after retreating below its "max buy" level. Prior highs in the $35-36 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Approached 52-Week High With Volume-Driven Gain - 6/23/2014 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	$42.57	+0.31 0.73%	$42.76	501,657 90.55% of 50 DAV 50 DAV is 554,000	$44.81 -5.00%	6/5/2014	$43.54	PP = $43.44
								MB = $45.61
Most Recent Note - 7/8/2014 6:22:48 PM Y - Small loss on light volume today led to a close just below its 50 DMA line ($42.44). More damaging losses would raise greater concerns. >>> FEATURED STOCK ARTICLE : Found Support Above Prior Highs During Consolidation - 6/18/2014 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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$76.16	+0.80 1.06%	$76.74	1,284,616 68.15% of 50 DAV 50 DAV is 1,885,000	$85.78 -11.21%	5/29/2014	$75.95	PP = $72.50
								MB = $76.13
Most Recent Note - 7/8/2014 1:27:25 PM G - Down considerably today on above average volume. On the prior session it was noted as it finished near the session low and below its 3/18/14 closing price ($79.82) raising some concerns. >>> FEATURED STOCK ARTICLE : Gap Up Gain on Above Average Volume for New Highs - 6/30/2014 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
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
SN - NYSE Sanchez Energy Corp ENERGY - Independent Oil and Gas	$34.80	-0.04 -0.11%	$35.32	1,063,360 68.52% of 50 DAV 50 DAV is 1,552,000	$38.95 -10.65%	5/22/2014	$33.00	PP = $31.59
								MB = $33.17
Most Recent Note - 7/9/2014 5:55:48 PM G - Consolidating above its 50 DMA line ($32.83) and prior highs near $32 defining important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Recently Featured Stock Outpaced Benchmark S&P 500 Index - 7/3/2014 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
TARO - NYSE Taro Pharmaceutical Inds DRUGS - Drug Manufacturers - Other	$144.49	-0.96 -0.66%	$146.64	59,786 93.42% of 50 DAV 50 DAV is 64,000	$146.64 -1.47%	6/26/2014	$117.31	PP = $118.90
								MB = $124.85
Most Recent Note - 7/8/2014 1:09:04 PM G - Perched near its all-time high and stubbornly holding its ground following considerable volume-driven gains, extended from its prior base. Disciplined investors avoid chasing stocks more than +5% above prior highs. >>> FEATURED STOCK ARTICLE : Fundamentally Strong Stock Challenging Prior Resistance Level - 6/26/2014 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
TRN - NYSE Trinity Industries Inc TRANSPORTATION - Railroads	$44.53	+0.57 1.30%	$44.70	1,315,889 38.39% of 50 DAV 50 DAV is 3,428,000	$46.00 -3.20%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 7/8/2014 6:18:09 PM G - Consolidating near its 52-week high, extended from its prior base. Its 50 DMA line defines important near-term support to watch. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Bullish Up/Down Volume and Increasing Institutional Ownership - 7/8/2014 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
WLK - NYSE Westlake Chemical Corp CHEMICALS - Specialty Chemicals	$85.38	+1.16 1.38%	$85.41	440,263 61.83% of 50 DAV 50 DAV is 712,000	$85.94 -0.65%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 7/7/2014 5:56:05 PM G - Perched at its 52-week high, extended from any sound base pattern. Its 50 DMA line defines important near-term support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Great Ranks and Reassuring Leadership in Chemical Group - 7/7/2014 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