FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, AUGUST 9TH, 2010

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Indices				NYSE			Nasdaq
DOW	+45.19	10,698.75	+0.42%	Volume	789,982,160	-17%	Volume	1,581,124,570	-16%
NASDAQ	+17.22	2,305.69	+0.75%	Advancers	2,205	70%	Advancers	1,775	64%
S&P 500	+6.15	1,127.79	+0.55%	Decliners	841	27%	Decliners	896	32%
Russell 2000	+8.84	659.52	+1.36%	52 Wk Highs	295		52 Wk Highs	67
S&P 600	+4.28	351.71	+1.23%	52 Wk Lows	14		52 Wk Lows	32

Major Averages Post Gains With Volume Lacking Conviction
Adam Sarhan, Contributing Writer,
The major averages ended higher adding to their 6-week rally that was confirmed on the July 7, 2010 follow-through day. Volume totals were reported lower on the NYSE and on the Nasdaq exchanges versus the prior session, revealing a lack of serious institutional buying demand. Advancers led decliners by an 11-to-4 ratio on the NYSE and by almost a 2-to-1 ratio on the Nasdaq exchange. New 52-week highs easily outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were 44 high-ranked companies from the CANSLIM.net Leaders List made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, nicely higher from the 13 issues that appeared on the prior session.

Stocks opened higher after McDonald’s Corp. (MCD +1.64%) topped sales estimates and gapped up to a fresh 52-week high. Ebay Inc. (EBAY +2.47%) also gapped up after its former unit Skype SA filed for an initial public offering for $100 million. Ebay bought Skype in 2005 and sold the company to a group of private investors led by Silver Lake for $2 billion in November 2009. EBay, retained a 30% stake in Skype which will make the company one of the largest shareholders in the new IPO. Elsewhere, several homebuilders caught a bid after a large Wall Street firm upgraded the group and said the housing market downturn is almost over. However, stocks encountered some pressure after news broke that the Fed might downgrade their outlook on the US economy when they meet on Tuesday.

The Dow Jones Industrial Average and the NYSE Composite Index have traded above resistance at their long term 200-day moving average (DMA) lines and recent chart highs. The tech-heavy Nasdaq Composite, benchmark S&P 500, and small-cap Russell 2000 indexes still remain slightly below their recent chart highs. However, the fact that all of the major averages are trading above their respective 2-month downward trendlines bodes well for this five week rally. In order for a new leg higher to begin, all the major averages must close and remain above their respective resistance levels. Remember that the window remains open for for high-ranked stocks to be accumulated when they trigger fresh technical buy signals. Trade accordingly.

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PICTURED: The tech-heavy Nasdaq Composite Index is quietly rallying above its 50 DMA and 200 DMA lines approaching its June highs.

Bank Index Consolidating Above 50 & 200 DMA Lines
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX +0.90%) and influential financial shares rose on Monday giving the Broker/Dealer Index ($XBD +0.50%) and Bank Index ($BKX +0.64%) a small boost. The Internet Index ($IIX +1.06%) and Networking Index ($NWX +1.29%) led the tech sector higher while the Semiconductor Index ($SOX +0.65%) and Biotechnology Index ($BTK +0.29%) posted smaller gains. The Healthcare Index ($HMO +0.52%) also posted a modest gain. Commodity-linked groups were not especially decisive as the Gold & Silver Index ($XAU -0.04%) held its ground and the Oil Services Index ($OSX -0.26%) and Integrated Oil Index ($XOI +0.64%) ended mixed.

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX +0.64%) is consolidating above its 50-day and 200-day moving average (DMA) lines ahead of Tuesday's FOMC meeting.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	187.76	-0.49	-0.26%	-3.67%
Healthcare	$HMO	1,567.75	+8.15	+0.52%	+6.44%
Integrated Oil	$XOI	1,026.94	+6.57	+0.64%	-3.86%
Semiconductor	$SOX	354.05	+2.30	+0.65%	-1.63%
Networking	$NWX	247.16	+3.15	+1.29%	+6.97%
Internet	$IIX	254.81	+2.66	+1.06%	+8.96%
Broker/Dealer	$XBD	110.50	+0.55	+0.50%	-3.95%
Retail	$RLX	418.44	+3.75	+0.90%	+1.78%
Gold & Silver	$XAU	175.42	-0.07	-0.04%	+4.26%
Bank	$BKX	48.74	+0.31	+0.64%	+14.12%
Biotech	$BTK	1,120.14	+3.28	+0.29%	+18.89%

Quiet Consolidation Above 50 DMA Line
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Apple Inc (AAPL +$1.66 or +0.64% to $261.75) is still quietly consolidating in a tight range just above its 50-day moving average (DMA) line. It has been 7 weeks since its negative reversal on 6/21/10 at its all-time high. Its recent chart low ($239) defines an important support level after it slightly undercut prior lows in the $242 area and then found support and rallied back above its 50 DMA line since its last appearance in this FSU section on 7/12/10 under the headline "Distributional Pressure After Failure To Trigger Buy Signal."

Recent gains lacked volume after it failed to trigger a proper technical buy signal and then encountered heavy distributional pressure following its appearance in the 6/17/10 mid-day report (read here). An annotated graph and more detailed analysis followed in that evening's report under the headline "Saucy Details On Apple Worth Reviewing". The article (linked to above) summarized important details and some of the prior coverage published concerning of this long-time favorite. Members who have not followed the ongoing analysis provided should take time to review what has been written.

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	$261.75	+1.66 0.64%	$262.15	10,791,697 42.19% of 50 DAV 50 DAV is 25,576,500	$279.01 -6.19%	6/17/2010	$270.95	PP = $272.56
								MB = $286.19
Most Recent Note - 8/6/2010 5:46:29 PM Y - Still quietly consolidating in a tight range just above its 50 DMA line. It has been 7 weeks since its negative reversal on 6/21/10 at its all-time high. Recent chart low ($239) defines an important support level. >>> The latest Featured Stock Update with an annotated graph appeared on 8/9/2010. 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
ABV - NYSE Comp De Bebidas Adr FOOD and BEVERAGE - Beverages - Brewers	$106.05	+0.18 0.17%	$106.95	462,014 66.94% of 50 DAV 50 DAV is 690,200	$112.60 -5.82%	6/29/2010	$104.74	PP = $109.33
								MB = $114.80
Most Recent Note - 8/9/2010 4:36:24 PM Y - This Brazil-based beverage firm is consolidating just above its 50 DMA line. It churned a lot of volume last week without making progress above prior chart highs. >>> 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	$87.56	+1.03 1.19%	$88.00	8,782,242 74.65% of 50 DAV 50 DAV is 11,765,000	$86.91 0.75%	7/14/2010	$75.03	PP = $78.59
								MB = $82.52
Most Recent Note - 8/9/2010 4:37:50 PM G - Small gain today with light volume for a new all-time high. It is extended from a sound base, yet no overhead supply remains to act as resistance. Steadily rose above prior highs in the $78 area and further without great volume conviction. >>> 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
CACC - NASDAQ Credit Acceptance Corp FINANCIAL SERVICES - Credit Services	$59.75	+1.75 3.02%	$59.75	56,781 110.04% of 50 DAV 50 DAV is 51,600	$58.72 1.75%	7/29/2010	$52.04	PP = $54.07
								MB = $56.77
Most Recent Note - 8/9/2010 4:39:26 PM G - Gain today on average volume for a new high. Prior highs in the $54 area define initial chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 8/2/2010. 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	$104.06	+1.73 1.69%	$104.44	1,527,079 62.00% of 50 DAV 50 DAV is 2,463,000	$103.77 0.28%	6/2/2010	$88.44	PP = $89.60
								MB = $94.08
Most Recent Note - 8/9/2010 4:40:58 PM G - Gain today with light volume for another new all-time high, getting extended from a sound base. Prior highs near $97 define near-term support to watch above its 50 DMA line. >>> 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
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
DTSI - NASDAQ D T S Inc CONSUMER DURABLES - Electronic Equipment	$37.00	+0.43 1.18%	$37.15	92,343 95.99% of 50 DAV 50 DAV is 96,200	$37.60 -1.60%	7/27/2010	$37.00	PP = $36.28
								MB = $38.09
Most Recent Note - 8/9/2010 4:43:32 PM Y - The high-ranked Consumer Products - Electronic firm reported earnings after today's close. Estimates calling for lower FY '10 earnings have been noted as a concern. Prior highs in the $35-36 area define support above its 50 DMA line. >>> 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
FFIV - NASDAQ F 5 Networks Inc INTERNET - Internet Software and Services	$91.41	+2.93 3.31%	$91.91	1,742,267 101.98% of 50 DAV 50 DAV is 1,708,400	$90.83 0.64%	6/16/2010	$74.50	PP = $74.10
								MB = $77.81
Most Recent Note - 8/9/2010 4:44:43 PM G - Gain today with average volume for a new all-time high. It has been repeatedly noted as -"extended from any sound base after recent volume-driven gains, it could go on to produce more climactic gains." >>> The latest Featured Stock Update with an annotated graph appeared on 8/4/2010. 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	$67.84	+2.01 3.05%	$68.44	1,399,840 136.70% of 50 DAV 50 DAV is 1,024,000	$67.20 0.95%	5/13/2010	$54.21	PP = $55.85
								MB = $58.64
Most Recent Note - 8/9/2010 4:45:36 PM G - Gapped up today while posting its 5th consecutive gain. Extended from any sound base, prior highs in the $62 area define initial chart support. >>> 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
MWIV - NASDAQ M W I Veterinary Supply HEALTH SERVICES - Medical Instruments and; Supplies	$52.24	-1.01 -1.90%	$54.00	69,834 95.79% of 50 DAV 50 DAV is 72,900	$54.48 -4.11%	7/29/2010	$52.05	PP = $52.09
								MB = $54.69
Most Recent Note - 8/9/2010 4:48:28 PM Y - Loss today on light volume. It endured distributional pressure and did not make meaningful price progress while trading above average volume in recent weeks, demonstrating "churning" action in a tight trading range near all-time highs. >>> The latest Featured Stock Update with an annotated graph appeared on 7/30/2010. 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	$57.24	+0.20 0.35%	$57.39	3,664,239 43.69% of 50 DAV 50 DAV is 8,386,200	$63.38 -9.69%	6/22/2010	$59.60	PP = $59.67
								MB = $62.65
Most Recent Note - 8/6/2010 6:16:23 PM G - Technically volume totals have been light while it has rebounded near its 50 DMA line which may act as resistance after a damaging gap down on 7/27/10. >>> The latest Featured Stock Update with an annotated graph appeared on 8/6/2010. 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
NEOG - NASDAQ Neogen Corp DRUGS - Diagnostic Substances	$29.29	+0.69 2.41%	$29.34	86,485 92.99% of 50 DAV 50 DAV is 93,000	$30.39 -3.62%	7/22/2010	$27.19	PP = $27.87
								MB = $29.26
Most Recent Note - 8/9/2010 4:50:09 PM Y - Gain today on below average volume, closing near its "max buy" level. Consolidating in a healthy fashion above prior highs in the $27 area defining near-term chart support to watch. >>> 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
NETL - NASDAQ Netlogic Microsystems ELECTRONICS - Semiconductor - Memory Chips	$29.43	+0.26 0.89%	$29.58	949,271 73.42% of 50 DAV 50 DAV is 1,292,900	$35.00 -15.91%	7/28/2010	$33.44	PP = $35.10
								MB = $36.86
Most Recent Note - 8/9/2010 4:51:38 PM G - Small gain with light volume to close just above its 50 DMA line today. It did not trigger a technical buy signal after it was featured in the 7/28/10 mid-day report. While consolidating, its 7/30/10 low ($28.27) now defines the only support above its 200 DMA and earlier chart lows. >>> The latest Featured Stock Update with an annotated graph appeared on 7/28/2010. 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	$44.10	+0.10 0.23%	$44.34	976,264 81.32% of 50 DAV 50 DAV is 1,200,500	$44.96 -1.91%	6/3/2010	$38.70	PP = $40.16
								MB = $42.17
Most Recent Note - 8/6/2010 6:51:52 PM G - Hovering near its 52-week high, extended from prior highs in the $40 area and its 50 DMA line which define chart support. >>> 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
SHOO - NASDAQ Steven Madden Limited CONSUMER NON-DURABLES - Textile - Apparel Footwear	$39.45	-0.12 -0.30%	$39.92	479,363 117.00% of 50 DAV 50 DAV is 409,700	$40.98 -3.73%	8/5/2010	$39.55	PP = $41.08
								MB = $43.13
Most Recent Note - 8/9/2010 4:54:03 PM Y - Perched near its all-time high and still working on the right side of a 16-week cup shaped base without a handle. A proper "handle" forms over a minimum of 1 week and includes a pullback in the 10-12% range. >>> The latest Featured Stock Update with an annotated graph appeared on 8/5/2010. 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	$24.71	-0.08 -0.32%	$25.00	308,259 42.78% of 50 DAV 50 DAV is 720,500	$26.75 -7.63%	8/4/2010	$24.90	PP = $26.85
								MB = $28.19
Most Recent Note - 8/9/2010 4:57:32 PM Y - Today's 5th consecutive loss while consolidating just above its 50 DMA line leaves it -7.6% off its 52-week high. It would need to rally above the new pivot point cited with volume conviction to trigger a proper technical buy signal. >>> 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
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
VIT - NYSE Vanceinfo Tech Inc Ads COMPUTER SOFTWARE and SERVICES - Business Software and Services	$27.74	+0.21 0.76%	$27.93	334,181 67.27% of 50 DAV 50 DAV is 496,800	$27.84 -0.36%	7/8/2010	$25.20	PP = $26.58
								MB = $27.91
Most Recent Note - 8/9/2010 4:58:36 PM Y - Wedged up for a new all-time high today with a 4th consecutive gain on lighter than average volume. It has not triggered a confirming buy signal with volume yet since featured in the 7/08/10 mid-day report. Its 7/29/10 low ($24.55) defines initial support above its 50 DMA line. >>> 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

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