The major averages finished little changed as the Fed failed to provide investors with an indication when it may begin to taper its asset purchases. The market had been up for most of the session prompted by encouraging economic data. Before the open, reports showed GDP expanded at a +1.7% annualized rate and private payrolls gained 200,000 jobs in July. Stocks failed to maintain their gains following the conclusion of the Fed's policy meeting. In its statement, the central bank said it would maintain its bond-buying program until the employment outlook improves.

Consumer discretionary and energy were the best performing sectors in the S&P 500 today. Comcast Corp (CMCSA +5.55%) rose and Hess Corp (HES +1.74%) after posting quarterly results above analyst projections. Treasuries reversed early losses with the 10-year note finishing up 6/32 to 2.59%.

The market (M criteria) has flashed substantial strength and leadership.  Now in a confirmed rally, odds are considered favorable for investors' success with new buying efforts.  Investors should be disciplined and selective while looking to be proactive and focused exclusively on the individual leaders best matching the winning models of the fact-based investment system.  Study the companies on the CANSLIM.net Featured Stocks Page - a page showing the most action-worthy candidates' latest notes and links to additional resources including detailed analysis with data-packed graphs which are annotated by a Certified expert.  The Premium Member Homepage - includes "dynamic archives" to all prior pay reports published. Watch for an announcement via email concerning the next WEBCAST.

PICTURED: The Dow Jones Industrial Average reversed into the red after hitting yet another new all-time high.

Small gains from financial stocks helped provide influential leadership for the major averages as the Broker/Dealer Index ($XBD +0.47%) and Bank Index ($BKX +0.50%) rose. Energy-related shares also had a slightly positive bias as the Oil Services Index ($OSX +0.64%) and the Integrated Oil Index ($XOI +0.69%) posted modest gains on Wednesday.  The Networking Index ($NWX -0.59%) pulled back and the Internet Index ($IIX +0.03%) and Biotechnology Index ($BTK +0.16%) were little changed while the Semiconductor Index ($SOX +0.46%) led the tech sector. The Retail Index ($RLX +0.26%) edged higher. Defensive groups were mixed with a small loss for the Gold & Silver Index ($XAU -0.42%) and a small gain for the Healthcare Index ($HMO +0.53%).

Charts courtesy www.stockcharts.com

PICTURED: The Internet Index ($IIX +0.03%) is consolidating in a tight range near its 2013 high.

In the Certification they teach that stocks can be bought from their first test of the 10-week moving average (WMA) line up to as much as +5% above the latest high following an earlier technical breakout. The approach offers investors a "secondary buy point" if they missed an opportunity to accumulate shares at an earlier breakout, or if they wish to make add-on purchases and "force feed" their winning positions. The 10 WMA line closely corresponds with the 50-day moving average (DMA) line shown on the graph below. Obviously any damaging pullback may prompt investors to limit their losses at the -7% threshold from their purchase price, as always.

Stamps.Com Inc (STMP +$0.07 or +0.18% to $39.86) found prompt support at its 50-day moving average (DMA) line when it was hit with distributional pressure since last noted in the 6/25/13 mid-day report. Disciplined investors may watch for it to possibly form a proper base of sufficient length and be noted in the weeks ahead. The graph below shows its powerful breakout in late April. After clearing multi-year resistance in the $33 area it subsequently made steady progress by mostly wedging higher with gains lacking great volume conviction. That lack of great volume conviction in recent month helps explain why it failed to meet the screening criteria to show up in the daily mid-day report which is produced via a screening of the high-ranked Leaders List since the 6/25/13 mid-day report had noted - "It has not formed a sound base yet made gradual progress above multi-year highs in the $33 area since last noted in the 4/29/13 mid-day report - "Patient and disciplined investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported earnings +68% on +13% sales revenues for the quarter ended March 31, 2013 versus the year ago period, marking a 3rd consecutive quarter above the +25% minimum guideline (C criteria). It survived but failed to impress since dropped from the Featured Stocks list on 2/14/12 based on the fundamental and technical concerns." 

STMP had not formed a sound new base, however it was highlighted in yellow in today's mid-day report (read here) as it was noted - "A valid secondary buy point exists following its successful test of support up to +5% above its prior high. Reported earnings +68% on +13% sales revenues for the quarter ended March 31, 2013 versus the year ago period, marking a 3rd consecutive quarter above the +25% minimum guideline (C criteria). Due to report earnings after the close, and volume and volatility often increase near earnings news. "

After the close it reported earnings +50% on +14% sales for the quarter ended June 30, 2013 versus the year ago period, continuing its strong earnings track record. It has earned an Earnings Per Share Rating of 98, putting it in the top 2% of all publicly traded stocks based on its earnings history over the past 5 years. The Retail - Internet firm has other strong leaders in the group confirming the L criteria, as the group has an A+ Group Relative Strength Rating. Its annual earnings (A criteria) history has shown strong and steady increases since FY '09 following a couple of flat years. The number of top-rated funds owning its shares rose from 194 in Dec '12 to 199 in Jun '13, a reassuring sign concerning the I criteria. Its small supply of only 15.3 million shares outstanding (S criteria) can contribute to greater price volatility in the event of institutional buying or selling.

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
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$16.60	+0.46 2.85%	$16.85	1,396,793 112.74% of 50 DAV 50 DAV is 1,239,000	$19.44 -14.61%	7/15/2013	$17.87	PP = $18.68
								MB = $19.61
Most Recent Note - 7/30/2013 6:30:51 PM G - Violated its 50 DMA line triggering a technical sell signal with a damaging loss backed by above average volume. Color code is changed to green as weakness raised concerns. Only a prompt rebound above that important short-term average would help its outlook improve. >>> The latest Featured Stock Update with an annotated graph appeared on 7/17/2013. 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
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$146.86	+1.49 1.02%	$148.98	3,059,537 105.77% of 50 DAV 50 DAV is 2,892,600	$146.22 0.44%	7/11/2013	$133.25	PP = $131.92
								MB = $138.52
Most Recent Note - 7/29/2013 6:00:46 PM G - Extended from its prior base after last week's volume-driven gains, it is now consolidating above prior highs defining initial support in the $131 area. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 7/29/2013. 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
FLT - NYSE Fleetcor Technologies DIVERSIFIED SERVICES - Business/Management Services	$89.77	+0.20 0.22%	$91.62	1,021,247 146.35% of 50 DAV 50 DAV is 697,800	$90.92 -1.26%	5/29/2013	$86.02	PP = $85.66
								MB = $89.94
Most Recent Note - 7/26/2013 5:04:34 PM G- Rallied for a new all-time high today with a gain lacking great volume conviction. Found support near its 50 DMA during its latest consolidation. >>> The latest Featured Stock Update with an annotated graph appeared on 7/18/2013. 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
GNRC - NYSE Generac Hldgs Inc CONSUMER DURABLES - Electronic Equipment	$43.35	+0.15 0.35%	$43.61	1,177,615 103.49% of 50 DAV 50 DAV is 1,137,900	$44.30 -2.14%	7/30/2013	$42.60	PP = $42.10
								MB = $44.21
Most Recent Note - 7/30/2013 6:27:17 PM Y - Triggered a technical buy signal with a gap up today for a new 52-week high with its considerable gain backed more than 2 times average volume. It was highlighted in yellow with a pivot point based on its 7/17/13 high plus 10 cents while rallying from an advanced "3-weeks tight" base. Reported earnings +64% on +45% sales for the June '13 quarter. Recent quarterly comparisons show impressive sequential acceleration in sales revenues and earnings growth, making it a better match with the C criteria of the fact-based system. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 7/30/2013. 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
LOPE - NASDAQ Grand Canyon Education DIVERSIFIED SERVICES - Education and; Training Services	$33.82	-1.43 -4.06%	$37.17	1,996,770 481.61% of 50 DAV 50 DAV is 414,600	$36.45 -7.22%	6/19/2013	$31.47	PP = $34.17
								MB = $35.88
Most Recent Note - 7/30/2013 6:37:23 PM Y - Reported its second quarter results following today's market close after enduring mild distributional pressure near its 52-week high. Finished still perched above its pivot point and below its "max buy" level. Prior highs in the $34 area define support along with its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 7/19/2013. 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
PCLN - NASDAQ Priceline.Com Inc INTERNET - Internet Software and Services	$875.67	-11.19 -1.26%	$890.17	654,307 94.92% of 50 DAV 50 DAV is 689,300	$926.40 -5.48%	7/8/2013	$878.28	PP = $847.43
								MB = $889.80
Most Recent Note - 7/29/2013 1:52:10 PM G - Due to report earnings August 8th. Extended from its prior base, enduring distributional pressure while consolidating in a tight range near its high. Prior highs in the $847 area define support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 7/25/2013. 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
PRAA - NASDAQ Portfolio Recovery Assoc DIVERSIFIED SERVICES - Business/Management Services	$149.31	+5.18 3.59%	$159.00	482,123 408.58% of 50 DAV 50 DAV is 118,000	$163.87 -8.89%	7/31/2013	$154.30	PP = $163.97
								MB = $172.17
Most Recent Note - 7/31/2013 1:07:43 PM Y - Color code is changed to yellow with new pivot point cited based on its 6/17/13 high plus 10 cents. It faces some resistance and needs additional volume-driven gains to trigger a proper new technical buy signal. Gapped up from below its 50 DMA line today, rallying toward its 52-week high with a big gain backed by above average volume. Reported earnings +37% on +24% sales revenues for the Jun '13 quarter. Showing resilience since dropped from the Featured Stocks list on 7/10/13 due to technical weakness. >>> The latest Featured Stock Update with an annotated graph appeared on 6/25/2013. 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
PRLB - NYSE Proto Labs Inc MANUFACTURING - Small Tools and Accessories	$67.67	+1.76 2.67%	$69.22	691,908 168.14% of 50 DAV 50 DAV is 411,500	$67.40 0.40%	7/29/2013	$64.86	PP = $67.50
								MB = $70.88
Most Recent Note - 7/29/2013 1:59:10 PM Y - Color code is changed to yellow and a new pivot point is cited based on its 6/28/13 high plus 10 cents. Due to report financial results for the second quarter of 2013 before the opening of the market on Thursday, Aug. 1, 2013. A volume-driven gain above its pivot point may trigger a new (or add-on) technical buy signal. Holding its ground in a tight rage with volume totals cooling while consolidating in an orderly fashion above prior highs and its 50 DMA line defining important support. >>> The latest Featured Stock Update with an annotated graph appeared on 7/15/2013. 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
QCOR - NASDAQ Questcor Pharmaceuticals DRUGS - Biotechnology	$66.66	+14.75 28.41%	$68.08	12,846,055 713.87% of 50 DAV 50 DAV is 1,799,500	$53.85 23.79%	7/31/2013	$66.46	PP = $59.01
								MB = $61.96
Most Recent Note - 7/31/2013 1:21:52 PM Y - Color code is changed to yellow with pivot point cited based on its 7/09/12 high plus 10 cents. Considerable "breakaway gap" today hitting new 52-week highs. Recently cleared an orderly flat base. Reported earnings +96% on +64% sales for the Jun '13 quarter. Strong quarterly comparisons with solid sales revenues and earnings increases satisfy the C criteria of the fact-based system. Downward turn in its FY '09 earnings was previously noted as a flaw concerning the A criteria. Rebounded impressively from its September 2012 lows in the $17 area. There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below 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
RRTS - NYSE Roadrunner Trans Systems TRANSPORTATION - Air Delivery and Freight Service	$30.23	-0.13 -0.43%	$30.61	95,885 65.27% of 50 DAV 50 DAV is 146,900	$30.50 -0.89%	4/3/2013	$22.77	PP = $23.75
								MB = $24.94
Most Recent Note - 7/29/2013 1:34:59 PM G - Still perched near its 52-week high with volume totals cooling while consolidating in a tight trading range for the past few weeks. Reports results for the Jun '13 quarter on Wednesday, July 31, 2013 after market close. >>> The latest Featured Stock Update with an annotated graph appeared on 7/22/2013. 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
SFUN - NYSE Soufun Hldgs Ltd Ads A INTERNET - Internet Information Providers	$34.76	+1.10 3.27%	$35.00	626,993 187.33% of 50 DAV 50 DAV is 334,700	$36.43 -4.58%	7/16/2013	$29.54	PP = $27.90
								MB = $29.30
Most Recent Note - 7/29/2013 1:09:36 PM G - Abruptly retreating from its all-time high today with above average volume behind its loss after getting extended from its latest base with a spurt of volume-driven gains last week. Prior highs in the $28-29 area define initial support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 7/16/2013. 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
SSNC - NASDAQ S S & C Technologies COMPUTER SOFTWARE and SERVICES - Application Software	$35.78	+0.01 0.03%	$36.32	173,202 45.47% of 50 DAV 50 DAV is 380,900	$38.47 -6.99%	7/11/2013	$35.80	PP = $34.54
								MB = $36.27
Most Recent Note - 7/26/2013 6:07:04 PM Y - Loss today with above average volume was a sign of distributional pressure. Color code is changed to yellow after slumping below its "max buy" level. Prior highs in the $34 area define initial support to watch above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 7/12/2013. 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
SSYS - NASDAQ Stratasys Ltd COMPUTER HARDWARE - Computer Peripherals	$88.65	+1.20 1.37%	$90.00	683,949 91.25% of 50 DAV 50 DAV is 749,500	$96.44 -8.08%	7/8/2013	$91.44	PP = $95.00
								MB = $99.75
Most Recent Note - 7/30/2013 6:33:40 PM Y - Encountered more distributional pressure and suffered a loss on higher volume while slumping near its 50 DMA line again. More damaging losses could raise greater concerns and trigger worrisome technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 7/24/2013. 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
STMP - NASDAQ Stamps.Com Inc INTERNET - Internet Software and Services	$39.86	+0.07 0.18%	$40.11	359,935 278.37% of 50 DAV 50 DAV is 129,300	$42.98 -7.26%	7/31/2013	$40.00	PP = $42.98
								MB = $45.13
Most Recent Note - 7/31/2013 1:33:06 PM Y - Found prompt support at its 50 DMA line when hit with distributional pressure since last noted in the 6/25/13 mid-day report. Did not form a sound new base, however its color code is changed to yellow as a valid secondary buy point exists following its successful test of support up to +5% above its prior high. Reported earnings +68% on +13% sales revenues for the quarter ended March 31, 2013 versus the year ago period, marking a 3rd consecutive quarter above the +25% minimum guideline (C criteria). Due to report earnings after the close, and volume and volatility often increase near earnings news. >>> The latest Featured Stock Update with an annotated graph appeared on 7/31/2013. 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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$93.60	+2.60 2.86%	$93.64	1,375,561 68.72% of 50 DAV 50 DAV is 2,001,700	$96.25 -2.75%	4/30/2013	$60.24	PP = $76.66
								MB = $80.49
Most Recent Note - 7/29/2013 1:37:46 PM Y- Volume totals have still been cooling while consolidating near its 52-week high after completing a new Public Offering on 6/18/13 following recent M&A news. Formed a cup-with-handle base over the past 9 weeks, however no new pivot point has been cited while members were repeatedly cautioned - "Concerns were raised by its Mar '13 earnings report with only a +14% earnings increase, below the +25% minimum guideline (C criteria) for buy candidates." >>> The latest Featured Stock Update with an annotated graph appeared on 7/23/2013. 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
YNDX - NASDAQ Yandex N V Class A INTERNET - Internet Information Providers	$32.51	+0.03 0.09%	$32.63	3,150,656 125.76% of 50 DAV 50 DAV is 2,505,200	$33.66 -3.42%	7/10/2013	$29.29	PP = $29.59
								MB = $31.07
Most Recent Note - 7/29/2013 1:45:38 PM G - Retreating form its 52-week high today after getting extended following 2 consecutive volume-driven gains into new high territory. Prior highs in the $28-29 area define near-term support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 7/26/2013. 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