The major averages declined despite a better-than-expected labor report. First time filings for unemployment benefits fell 26,000 to a four-year low of 350,000.

SuperValu (SVU -49%) vividly demonstrated the risks inherent to low-priced stocks as its shares were halved. It dropped $2.60 to $2.69 after the grocery chain said it will suspend its dividend and review its strategic alternatives. In contrast, rarely does any $26 stock with strong fundamentals fall so abruptly that a disciplined investor cannot make an exit if the stock falls more than -7% from the purchase price.  Disciplined investors always limit losses if any stock ever falls more than -7% from its purchase price.  SuperValu's low earnings Per Share rating of 18 warned investors that 82% of all publicly traded companies have a better earnings track record. Companies included on the CANSLIM.net Leaders List have an EPS rating of 80 or more, satisfying a basic fundamental requirement of the investment system. Be sure to review prior notes on these stocks from our experts which may include comments regarding how well it measures up with the C and A criteria. If there is any question about a Leaders List company's fundamentals, upgraded members can use the "request a new note" link to ask for additional input.

Technology was the worst performing sector as Intel Corp (INTC -2.56%) and Microsoft Corp (MSFT -2.29%) slumped. Shares of Marriott International (MAR -6.44%) retreated after lowering its international growth forecast. Banks stocks followed European lenders lower. JP Morgan Chase & Co (JPM -1.59%) slipped ahead of Friday's earnings release. Dow components Procter & Gamble Co (PG +3.75%) and Merck & Co Inc (MRK +4.13%) were standouts. Procter & Gamble rallied after the Federal Trade Commission cleared hedge fund Pershing Square to purchase a stake in the company. Merck gained on positive trial results for its experimental osteoporosis therapy.

The upward trend concerning the M criteria has come under recent pressure. However, new buying efforts may be justified in worthy buy candidates with strong fundamental and technical characteristics matching all key investment criteria. The best buy candidates identified by CANSLIM.net's experts are always viewable on the Featured Stocks page.  

The Q2 2012 WEBCAST is available "ON DEMAND" - CLICK HERE. Upgraded members now get access to these informative *Quarterly Webcasts included at no additional cost. (*Previously sold separately at $99 per webcast.)  Links to archived webcasts and all prior reports are on the Premium Member Homepage. 

PICTURED: The Nasdaq Composite Index slumped under its 50-day moving average (DMA) line with a 5th consecutive loss. It found support near its longer term 200 DMA line and halted the prior market "correction". More damaging losses below the 200 DMA line and recent lows would be a very worrisome sign, meanwhile a rally above the downward trendline is needed to improve the market's technical stance and outlook.

The Semiconductor Index ($SOX -1.66%), Networking Index ($NWX -1.65%), and Internet Index ($IIX -0.94%) dragged the tech sector lower while the Biotechnology Index ($BTK +0.81%) was a standout gainer.  Losses for the Broker/Dealer Index ($XBD -1.58%) and Bank Index ($BKX -1.40%) were also a negative influence on the major averages.  The Retail Index ($RLX -0.28%) edged lower, and commodity-linked groups also had a negative bias as the Gold & Silver Index ($XAU -0.44%), Oil Services Index ($OSX -0.32%), and Integrated Oil Index ($XOI -0.24%) finished with modest losses.  The Healthcare Index ($HMO -0.86%) rounded out a mostly negative session with a small loss.

Charts courtesy www.stockcharts.com

PICTURED: The Internet Index ($IIX -0.94%) finished in the upper part of its intra-day range after dipping to a new 2012 low.

Dollar General Corp (DG -$0.92 or -1.68% to $54.00) is still hovering near its all-time high, extended from its prior base.  It found support near its 50-day moving average (DMA) line again during the last pullback. It may be forming an advanced "3-weeks tight" base if it ends the week with little net change. The high-ranked Retail - Discount/Variety firm completed another Secondary Offering on 6/05/12, its 4th Secondary Offering since September '11. It recently reported earnings +31% on +13% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Its fundamentals (C & A criteria) have been noted as resembling past great winners. Its last appearance in this FSU section with an annotated graph on 6/12/12 came under the headline, "Four Secondary Offerings in Past Year for Discount Retailer". The number of top-rated funds owning its shares rose from 377 in Jun '11 to 670 in Mar '12, a reassuring sign concerning the I criteria.  As previously noted, often times companies attract additional institutional interest with the help of underwriters when such offerings are completed.

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
ALXN - NASDAQ Alexion Pharmaceuticals DRUGS - Drug Manufacturers - Other	$97.19	+0.51 0.53%	$97.52	1,125,062 50.93% of 50 DAV 50 DAV is 2,209,200	$104.38 -6.89%	5/1/2012	$91.73	PP = $95.11
								MB = $99.87
Most Recent Note - 7/10/2012 4:49:04 PM Y - Color code is changed to yellow after quietly pulling back below its "max buy" level today with a 5th consecutive loss on below average volume. Prior highs in the $95 area define support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 6/29/2012. 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
ASPS - NASDAQ Altisource Ptf Sltns Sa REAL ESTATE - Property Management/Developmen	$70.70	-2.67 -3.64%	$73.19	259,093 195.84% of 50 DAV 50 DAV is 132,300	$76.20 -7.22%	6/5/2012	$60.01	PP = $63.00
								MB = $66.15
Most Recent Note - 7/12/2012 12:08:47 PM G - Up from the session's early lows but trading down considerably today with above average volume. Prior highs in the $65 area define support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 7/3/2012. 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
CERN - NASDAQ Cerner Corp COMPUTER SOFTWARE and SERVICES - Healthcare Information Service	$79.88	-0.70 -0.87%	$80.18	909,001 61.50% of 50 DAV 50 DAV is 1,478,100	$88.32 -9.56%	6/7/2012	$78.36	PP = $84.20
								MB = $88.41
Most Recent Note - 7/9/2012 7:00:02 PM G - Holding its ground since rebounding back above its 50 DMA line helping its technical stance. It has not formed a proper base since negating its prior breakout. See the latest FSU analysis for more details and a new annotated daily graph. >>> The latest Featured Stock Update with an annotated graph appeared on 7/9/2012. 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
CMCSA - NASDAQ Comcast Corp Cl A MEDIA - CATV Systems	$31.10	-0.63 -1.99%	$31.48	17,751,014 126.66% of 50 DAV 50 DAV is 14,014,500	$32.50 -4.31%	6/11/2012	$29.94	PP = $30.98
								MB = $32.53
Most Recent Note - 7/11/2012 8:06:55 PM Y - Still consolidating in a tight range near its 52-week high, holding ground above its pivot point. No overhead supply remains to act as resistance and it is still trading below its "max buy" level. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 7/11/2012. 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
CSTR - NASDAQ Coinstar Inc DIVERSIFIED SERVICES - Personal Services	$67.01	+0.76 1.15%	$67.77	889,589 86.43% of 50 DAV 50 DAV is 1,029,200	$71.82 -6.70%	6/26/2012	$64.05	PP = $67.00
								MB = $70.35
Most Recent Note - 7/10/2012 4:50:49 PM Y - Pulled back today to its pivot point with slightly higher volume behind its 3rd consecutive loss. Disciplined investors always limit losses by selling if any stock falls more than -7% from their purchase price. >>> The latest Featured Stock Update with an annotated graph appeared on 6/26/2012. 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
CTRX - NASDAQ Catamaran Corp COMPUTER SOFTWARE and SERVICES - Healthcare Information Service	$93.03	-1.94 -2.04%	$94.19	725,564 60.76% of 50 DAV 50 DAV is 1,194,200	$104.79 -11.22%	6/14/2012	$94.71	PP = $100.60
								MB = $105.63
Most Recent Note - 7/11/2012 4:54:24 PM Y - SXC Health Solutions and Catalyst Health Solutions completed the previously noted merger and are now Catamaran Corp (CTRX). SXCI was last noted on 7/10/12 - "Ended near the session low today, testing its 50 DMA line with its 6th consecutive small loss. Churning above average volume recently while not making headway above its pivot point. Reversed and closed in the red after trading up on a few prior sessions, and the "negative reversals" were noted as signs of distributional pressure." >>> The latest Featured Stock Update with an annotated graph appeared on 6/14/2012. 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
DG - NYSE Dollar General Corp RETAIL - Discount, Variety Stores	$54.00	-0.92 -1.68%	$54.96	3,073,172 81.15% of 50 DAV 50 DAV is 3,786,900	$56.04 -3.64%	5/7/2012	$48.51	PP = $47.69
								MB = $50.07
Most Recent Note - 7/12/2012 4:42:24 PM G - Still hovering near its all-time high, extended from its prior base. Completed another Secondary Offering on 6/05/12, its 4th Secondary Offering since September '11. See the latest FSU analysis for more detail and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 7/12/2012. 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
ECHO - NASDAQ Echo Global Logistics DIVERSIFIED SERVICES - Business/Management Services	$18.99	-0.03 -0.16%	$19.05	144,738 121.22% of 50 DAV 50 DAV is 119,400	$19.48 -2.52%	6/22/2012	$18.98	PP = $19.48
								MB = $20.45
Most Recent Note - 7/12/2012 12:26:13 PM Y - Holding its ground today after a streak of small gains, perched within close striking distance of its 52-week high. Recent volume-driven gains were followed by a gap down on 7/03/12 with higher volume after not quite triggering a technical buy signal under the fact-based system. >>> The latest Featured Stock Update with an annotated graph appeared on 6/22/2012. 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
EXPE - NASDAQ Expedia Inc INTERNET - Internet Information Providers	$44.06	-1.55 -3.40%	$45.12	4,371,017 110.07% of 50 DAV 50 DAV is 3,971,000	$50.66 -13.03%	4/27/2012	$41.80	PP = $35.57
								MB = $37.35
Most Recent Note - 7/10/2012 4:44:04 PM G - Slumped with higher volume today for its 5th consecutive loss, testing important support at its 50 DMA line. It is extended from its prior highs in the $43 area which define support below that important short-term average. >>> The latest Featured Stock Update with an annotated graph appeared on 7/10/2012. 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
GNC - NYSE G N C Holdings Inc RETAIL - Drug Stores	$38.39	-0.48 -1.23%	$38.78	3,306,600 142.37% of 50 DAV 50 DAV is 2,322,600	$42.70 -10.09%	6/29/2012	$39.20	PP = $40.00
								MB = $42.00
Most Recent Note - 7/11/2012 2:47:31 PM Y - Loss today has it slumping below its pivot point and trading near its 50 DMA line. Disciplined investors always limit losses if any stock falls more than -7% from their purchase price. >>> The latest Featured Stock Update with an annotated graph appeared on 7/5/2012. 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
GPX - NYSE G P Strategies Corp DIVERSIFIED SERVICES - Education and Training Services	$17.44	+0.06 0.35%	$17.57	56,880 99.27% of 50 DAV 50 DAV is 57,300	$18.99 -8.16%	6/29/2012	$18.01	PP = $18.15
								MB = $19.06
Most Recent Note - 7/11/2012 2:50:10 PM Y - Today's loss on lighter volume has it slumping further below its old high close. Losses completely negated the recent breakout and raised concerns. Disciplined investors always limit losses by selling any stock if it falls more than -7% from their purchase price. >>> The latest Featured Stock Update with an annotated graph appeared on 7/6/2012. 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
MLNX - NASDAQ Mellanox Technologies ELECTRONICS - Semiconductor - Broad Line	$66.19	-0.01 -0.02%	$66.64	871,921 141.57% of 50 DAV 50 DAV is 615,900	$77.69 -14.80%	6/18/2012	$70.90	PP = $67.30
								MB = $70.67
Most Recent Note - 7/11/2012 2:45:29 PM G - Pulling back for a damaging 4th consecutive loss today with ever-increasing volume, undercutting its pivot point and raising concerns. Recent chart lows define important support to watch nearly coinciding with its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 6/25/2012. 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
N - NYSE Netsuite Inc DIVERSIFIED SERVICES - Business/Management Services	$49.45	+0.10 0.20%	$49.75	669,082 121.45% of 50 DAV 50 DAV is 550,900	$56.06 -11.79%	6/20/2012	$51.83	PP = $51.88
								MB = $54.47
Most Recent Note - 7/10/2012 4:52:56 PM Y - Above average volume was behind today's 4th consecutive damaging loss. It undercut its pivot point and negated its recent breakout raising concerns. Disciplined investors always limit losses by selling if any stock falls more than -7% from their purchase price. >>> The latest Featured Stock Update with an annotated graph appeared on 6/20/2012. 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
NSM - NYSE Nationstar Mtg Hldgs Inc FINANCIAL SERVICES - Credit Services	$23.99	-0.36 -1.48%	$24.26	550,186 69.56% of 50 DAV 50 DAV is 790,900	$24.78 -3.19%	6/27/2012	$20.29	PP = $20.46
								MB = $21.48
Most Recent Note - 7/9/2012 4:57:51 PM G - Hit yet another new 52-week high today with lighter volume behind an 8th consecutive gain, getting more extended from its prior base. Prior highs in the $20 area define important support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 6/27/2012. 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
NTES - NASDAQ Netease Inc Adr INTERNET - Internet Information Providers	$57.39	-0.04 -0.07%	$58.01	307,740 41.98% of 50 DAV 50 DAV is 733,100	$65.54 -12.44%	3/19/2012	$56.18	PP = $55.10
								MB = $57.86
Most Recent Note - 7/9/2012 4:59:39 PM G - Sank below its 50 DMA line with today's loss on lighter volume again hurting its technical stance. Chart support to watch is near prior lows in the $55 area. >>> The latest Featured Stock Update with an annotated graph appeared on 6/19/2012. 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
TDG - NYSE Transdigm Group Inc AEROSPACE/DEFENSE - Aerospace/Defense Products and; Services	$127.37	-0.36 -0.28%	$128.36	248,009 46.41% of 50 DAV 50 DAV is 534,400	$136.34 -6.58%	6/18/2012	$127.00	PP = $132.79
								MB = $139.43
Most Recent Note - 7/10/2012 4:59:03 PM Y - Reversed early gains today and closed near the session low with a loss on light volume. It has held its ground since recently noted when its 6/29/12 gain above its pivot point was backed by only +32% above average volume, below the minimum threshold need to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line defines important support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 6/18/2012. 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
TNGO - NASDAQ Tangoe Inc COMPUTER SOFTWARE and SERVICES - Technical and System Software	$19.94	-0.04 -0.20%	$20.08	316,813 58.79% of 50 DAV 50 DAV is 538,900	$23.05 -13.49%	6/27/2012	$21.70	PP = $23.15
								MB = $24.31
Most Recent Note - 7/11/2012 8:05:34 PM G - Slumped under its 50 DMA line today with a 5th consecutive loss on light volume, and its color code is changed to green. Gains back above that important short-term average are needed to help its outlook, and gains above the pivot point backed by +40% above average volume or greater could trigger a new technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 6/28/2012. 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
VSI - NYSE Vitamin Shoppe Inc SPECIALTY RETAIL - Specialty Retail, Other	$55.17	-0.73 -1.31%	$55.50	311,150 60.23% of 50 DAV 50 DAV is 516,600	$58.22 -5.24%	6/29/2012	$54.93	PP = $55.03
								MB = $57.78
Most Recent Note - 7/11/2012 2:51:27 PM Y - Pulling back today from its 52-week high hit on the prior session. Recent gains helped it trade above the new pivot point based on its 6/22/12 high after forming an 8-week cup-with-handle base, but the gains have lacked the volume required to trigger a proper new (or add-on) technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 7/2/2012. 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
WFM - NASDAQ Whole Foods Market Inc RETAIL - Grocery Stores	$93.50	-0.20 -0.21%	$93.90	1,499,766 74.36% of 50 DAV 50 DAV is 2,017,000	$97.25 -3.86%	6/13/2012	$89.90	PP = $91.60
								MB = $96.18
Most Recent Note - 7/12/2012 4:45:15 PM Y - Color code is changed to yellow after quietly consolidating below its "max buy" level. Recently hovering above its pivot point near its 52-week high with no resistance remaining due to overhead supply. Prior highs in the $91.50 area and its 50 DMA line define important support to watch on pullbacks where violations may trigger technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 6/13/2012. 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