The major averages opened higher after DuPont De Nemours & Co (DD +3.57%) and Deutsche Bank's (DB +2.84%) shares gapped higher on solid Q2 results. However, the major averages fell into the red after the latest round of mixed economic data was released. The S&P Case-Shiller home-price index showed home prices across the US rose in May due to "seasonal factors and the residual impact of the now-expired first-time home buyers’ tax credit." The Case-Shiller 20-city index rose +1.3% compared to April's reading and it rose +0.5% when adjusted for seasonal factors. It was somewhat encouraging to see the index rise +4.6% when compared to the same period last year. Elsewhere, consumer confidence plunged to a five-month low and the latest reading on US manufacturing fell short of the Street's estimates.

It is encouraging to see the major averages hold on to their gains after breaking above their respective 2-month downward trendlines and rising above their respective 50 & 200 day moving average (DMA) lines in recent sessions. It is also healthy to see a new batch of high-ranked stocks breakout of fresh bases as the present rally gets stronger. The window remains open for for high-ranked stocks to be accumulated when they trigger fresh technical buy signals. Trade accordingly.

PICTURED: The NYSE Composite Index stalled today after briefly trading above its 6/21/10 high and nearly challenging its 200 DMA line.

Charts courtesy www.stockcharts.com

PICTURED 1: The Gold & Silver Index ($XAU -3.24%) was clearly a laggard as it tumbled for a large loss below its 50-day moving average (DMA) and 200 DMA lines, sinking toward prior chart lows.

Charts courtesy www.stockcharts.com

PICTURED 2: The Retail Index ($RLX -1.91%) encountered resistance at its 50 DMA line which recently crossed under its 200 DMA line.

D T S Inc (DTSI -$0.29 or -0.78% to $36.94) is holding its ground above prior multi-year highs in the $35-36 area after its 7/23/10 gain with above average volume triggered a technical buy signal by clearing its 3/16/10 high. It was featured in yellow in today's mid-day report (read here). This high-ranked leader hailing from the Consumer Products - Electronics group is due to report earnings after the close on Monday, August 9th. That could be a difficult comparison for it to beat by a healthy margin, and Street estimates calling for lower FY '10 earnings (see red circle) are also of some concern.  However, no resistance currently remains to hinder its upward progress. Its small supply (S criteria) of only 17.4 million shares outstanding can lead to greater volatility in the event of institutional accumulation or distribution.  Volume and volatility often increase near earnings news. It will be important to stay disciplined about making proper entries and exits, as always. Disciplined investors avoid chasing a stock more than +5% above its prior chart high or pivot point.

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
AAPL - NASDAQ Apple Inc COMPUTER HARDWARE - Personal Computers	$264.08	+4.80 1.85%	$264.80	20,747,904 72.11% of 50 DAV 50 DAV is 28,770,700	$279.01 -5.35%	6/17/2010	$270.95	PP = $272.56
								MB = $286.19
Most Recent Note - 7/27/2010 4:07:04 PM Y - Gain today with light volume continues its recent rebound above its 50 DMA line. Consolidating for the 6th week since its negative reversal on 6/21/10 at its all-time high, its color code is changed to yellow with new pivot point cited. >>> The latest Featured Stock Update with an annotated graph appeared on 7/12/2010. 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
ABV - NYSE Comp De Bebidas Adr FOOD and BEVERAGE - Beverages - Brewers	$107.85	-0.20 -0.19%	$109.19	392,998 53.65% of 50 DAV 50 DAV is 732,500	$109.78 -1.76%	6/29/2010	$104.74	PP = $109.33
								MB = $114.80
Most Recent Note - 7/27/2010 4:10:30 PM Y - This Brazil-based beverage firm is quietly holding its ground after reaching a new 52-week high, but it has not triggered a recent technical buy signal. It found support near its 50 DMA line since featured in the 6/29/10 mid-day report. >>> The latest Featured Stock Update with an annotated graph appeared on 7/20/2010. 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	$81.07	+0.70 0.87%	$81.99	10,736,460 79.25% of 50 DAV 50 DAV is 13,546,800	$82.29 -1.48%	7/14/2010	$75.03	PP = $78.59
								MB = $82.52
Most Recent Note - 7/27/2010 4:12:53 PM Y - Posted a 4th consecutive gain today on light volume while trading with 30 cents of its all-time high. Latest quarter ended June 30, 2010 showed sales revenues growth still accelerating and earnings increasing by triple digit percentages for the 2nd consecutive comparison. >>> The latest Featured Stock Update with an annotated graph appeared on 7/14/2010. 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
CRM - NYSE Salesforce.Com Inc INTERNET - Internet Software and Services	$98.80	-1.27 -1.27%	$100.98	1,697,968 59.66% of 50 DAV 50 DAV is 2,846,200	$101.49 -2.65%	6/2/2010	$88.44	PP = $89.60
								MB = $94.08
Most Recent Note - 7/27/2010 4:17:44 PM G - Pulled back on lighter volume today after rising to a new 52-week highs on the 2 prior sessions with higher volume near average. On 7/23/10 it rose from a choppy 7-week base. >>> The latest Featured Stock Update with an annotated graph appeared on 7/15/2010. 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
DTSI - NASDAQ D T S Inc CONSUMER DURABLES - Electronic Equipment	$36.94	-0.29 -0.78%	$37.26	131,888 124.78% of 50 DAV 50 DAV is 105,700	$37.50 -1.49%	7/27/2010	$37.00	PP = $36.28
								MB = $38.09
Most Recent Note - 7/27/2010 4:20:02 PM Y - Holding its ground above prior multi-year highs in the $35-36 area after its 7/23/10 gain with above average volume triggered a technical buy signal. It was featured in yellow in the 7/27/10 mid-day report (read here). Due to report earnings after the close on Monday, August 9th. Street estimates that are calling for lower FY '10 earnings are of some concern. >>> The latest Featured Stock Update with an annotated graph appeared on 7/27/2010. 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
FFIV - NASDAQ F 5 Networks Inc INTERNET - Internet Software and Services	$86.09	-1.39 -1.59%	$87.95	1,489,477 83.22% of 50 DAV 50 DAV is 1,789,800	$87.69 -1.82%	6/16/2010	$74.50	PP = $74.10
								MB = $77.81
Most Recent Note - 7/27/2010 4:27:57 PM G - Reversed into the red and closed with a small loss on lighter volume today after touching another new 52-week high. It is extended from a sound base, yet could go on to produce more climactic gains >>> The latest Featured Stock Update with an annotated graph appeared on 7/7/2010. 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
MELI - NASDAQ Mercadolibre Inc INTERNET - Internet Software and; Services	$64.00	-1.15 -1.77%	$65.74	948,432 100.46% of 50 DAV 50 DAV is 944,100	$65.99 -3.02%	5/13/2010	$54.21	PP = $55.85
								MB = $58.64
Most Recent Note - 7/27/2010 4:36:46 PM G - Loss today with average volume followed a considerable gain with above average volume that helped it clear a choppy 6-week consolidation for a new 52-week high. Support to watch is defined by its 50 DMA line and its Dec '09 highs in the $55 area. >>> The latest Featured Stock Update with an annotated graph appeared on 7/23/2010. 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
NEM - NYSE Newmont Mining Corp METALS and MINING - Gold	$55.78	-2.32 -3.99%	$57.36	14,297,608 155.74% of 50 DAV 50 DAV is 9,180,600	$63.38 -11.99%	6/22/2010	$59.60	PP = $59.67
								MB = $62.65
Most Recent Note - 7/27/2010 12:04:05 PM G - Gapped down today, triggering a technical sell signal while violating its 50 DMA line and trading near its December 2009 highs which may now serve as support. Earnings news is due before the open on Wednesday July 28th. A prompt rebound back to near or above its short-term average would be an encouraging sign, meanwhile the action looks distributional and it faces some near-term resistance due to overhead supply. >>> The latest Featured Stock Update with an annotated graph appeared on 7/9/2010. 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
NEOG - NASDAQ Neogen Corp DRUGS - Diagnostic Substances	$29.30	+0.13 0.45%	$29.80	109,981 118.77% of 50 DAV 50 DAV is 92,600	$29.18 0.41%	7/22/2010	$27.19	PP = $27.87
								MB = $29.26
Most Recent Note - 7/27/2010 4:39:25 PM G - Closed in the lower third of its intra-day trading range near its "max buy" level after early gains today near the $30 level. Color code is changed to green. Recent action has been bullish, as indicated by its current Up/Down Volume Ratio of 1.5, which is an unbiased indication of recent accumulation. Technically, the actual gains that lifted it above the pivot point cited lacked the volume conviction required after it was featured in the 7/22/10 mid-day report (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 7/22/2010. 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
ROVI - NASDAQ Rovi Corp COMPUTER SOFTWARE andamp; SERVICES - Security Software andamp; Services	$43.60	-1.06 -2.37%	$44.85	835,302 62.94% of 50 DAV 50 DAV is 1,327,200	$44.79 -2.65%	6/3/2010	$38.70	PP = $40.16
								MB = $42.17
Most Recent Note - 7/27/2010 4:42:35 PM G - Loss today on lighter volume, pulling back from its 52-week high after 3 consecutive gains on below average volume. Earnings news is due 7/29/10 after the close. Support is defined by prior resistance in the $40 area and its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 7/21/2010. 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
THOR - NASDAQ Thoratec Corp HEALTH SERVICES - Medical Instruments and Supplies	$43.62	-0.39 -0.89%	$45.90	1,047,668 107.88% of 50 DAV 50 DAV is 971,100	$47.93 -8.99%	6/3/2010	$44.38	PP = $45.35
								MB = $47.62
Most Recent Note - 7/27/2010 4:46:27 PM Y - This high-ranked Medical Products gapped up today and then reversed for a loss and closed near its 50 DMA line. Earnings news is due after the close on Thursday 7/29/10. Color code was changed to yellow as it rebounded above its short-term average this week after briefly undercutting its prior chart low. >>> The latest Featured Stock Update with an annotated graph appeared on 7/16/2010. 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
ULTA - NASDAQ Ulta Salon Cosm & Frag SPECIALTY RETAIL - Specialty Retail, Other	$24.67	-0.76 -2.99%	$25.84	346,367 48.72% of 50 DAV 50 DAV is 711,000	$26.75 -7.78%	5/28/2010	$25.58	PP = $25.86
								MB = $27.15
Most Recent Note - 7/27/2010 4:49:19 PM G - Closed near the session low today, negatively reversing for a loss on light volume after a small gap up. It has not formed a sound new base since its June breakout attempt failed. Prior lows in the $22 area define the next support level just above its 200 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 7/19/2010. 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
VIT - NYSE Vanceinfo Tech Inc Ads COMPUTER SOFTWARE and SERVICES - Business Software and Services	$25.98	-0.16 -0.61%	$26.77	300,652 47.61% of 50 DAV 50 DAV is 631,500	$27.59 -5.84%	7/8/2010	$25.20	PP = $26.58
								MB = $27.91
Most Recent Note - 7/27/2010 4:53:18 PM Y - Back to back losses have erased last Friday's gain for a new 52-week high and it has slumped back below its pivot point. It briefly matched its all-time high when it was featured in the 7/08/10 mid-day report (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 7/26/2010. 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