Stocks ended mixed as investors digested a slew of economic data. Tuesday's reported volume totals were higher on the NYSE and the Nasdaq exchange compared to Monday's levels which suggested churning - which is usually a sign of distribution. Decliners slightly outnumbered advancers on the NYSE while they trailed by a small margin on the Nasdaq exchange. New 52-week highs outnumbered new 52-week lows on the NYSE but they clearly trailed new lows on the Nasdaq exchange. There were 16 high-ranked companies from the CANSLIM.net Leaders List made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, lower than the 19 issues that appeared on the prior session.

Overnight, Asian stocks plunged, sending Japan's Nikkei's index to a 16-month low, which bodes poorly for other capital markets. Elsewhere, two stronger than expected economic reports: The S&P Case-Shiller Housing Index and the latest read on consumer confidence, helped lift stocks in the first half of the session.  However, stocks fell after a weaker than expected PMI report and the minutes of the latest Fed meeting were released. The minutes of the latest Fed meeting showed more infighting at the Fed which suggests the Fed may be "running out of bullets" to stimulate a slowing economy.

Tuesday marked Day 3 of a new rally attempt which means the earliest a possible follow-through day (FTD) could emerge will be Wednesday. However, if at anytime, Friday's lows (Day 1) are breached then the day count will be reset. The technical action in the major averages has recently been weak while the latest round of economic data has provided a poor outlook for the market and the global recovery. Currently, resistance for the the major averages are their 50-day moving average (DMA) lines, then their longer-term 200 DMA lines while support remains July's lows. It is also disconcerting to see weakness in the financial group. Meanwhile, the action in leading stocks and fact that some high-ranked leaders are breaking out of sound bases can be considered somewhat encouraging. Still there is importance in remaining cautious until the major averages are back in a confirmed uptrend. Put simply, we can expect this sideways/choppy action to continue until the market breaks out above resistance or below support. The first scenario will have bullish ramifications while the second will be clearly bearish. Trade accordingly.

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PICTURED: The Dow Jones Industrial Average has narrowly avoided undercutting its August 27, 2010 low which has been labeled "Day 1" of a new rally attempt.  The other major averages (not shown) also have kept their current rally attempts intact.  A FTD or follow-through gain of at least +1.7% from one of the major averages with higher volume and an expansion in the new highs list would confirm a new rally and give investors a reassuring vote with respect to the M criteria of the investment system..

The Gold & Silver Index ($XAU +1.25%) posted another solid gain and traded above its June high as it continued its recent rally. The Bank Index ($BKX +1.09%) also posted a gain on Wednesday.  Meanwhile, the Broker/Dealer Index ($XBD -0.52%) edged lower and the Retail Index ($RLX -0.02%) ended flat. The Semiconductor Index ($SOX -1.94%) led the tech sector lower while the Networking Index ($NWX -0.96%) and Internet Index ($IIX -0.32%) showed smaller losses and the Biotechnology Index ($BTK -0.07%) essentially held its ground.  Weakness in the Healthcare Index ($HMO -1.01%) and energy related shares rounded out a mostly negative session while the Oil Services Index ($OSX -1.40%) suffered a larger loss than the Integrated Oil Index ($XOI -0.28%).

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX -0.02%) stalled near 200-day moving average (DMA) line. Now slumping under 50 DMA toward its 2010 low.

Vanceinfo Tech Inc Ads (VIT +$0.66 or +2.32% to $29.15) hit another new all-time high today with another gain backed by above average volume. Its color code was changed to green after a solid gain on 8/27/10 with +50% above average volume helped it rally to a new all-time high and close above its "max buy" level. No resistance remains due to overhead supply.

Its last appearance in this FSU section was on 7/26/10 under the headline "Prior Session's Light Volume Breakout Promptly Negated."  This China-based Computer - Tech Services firm found impressive support near its 50-day moving average (DMA) line since then. Disciplined investors might watch for a secondary buy point after the market is back in confirmed rally. A proper follow-through day is still needed from at least one of the major averages to satisfy the M criteria before investors engage in new buying efforts under the fact-based system's guidelines.

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
ABV - NYSE Comp De Bebidas Adr FOOD and BEVERAGE - Beverages - Brewers	$110.69	+2.92 2.71%	$111.87	601,955 90.93% of 50 DAV 50 DAV is 662,000	$112.60 -1.70%	6/29/2010	$104.74	PP = $109.33
								MB = $114.80
Most Recent Note - 8/31/2010 3:54:13 PM G - This Brazil-based beverage firm is poised for a new high close with today's gain. Found support near its 50 DMA line recently. >>> The latest Featured Stock Update with an annotated graph appeared on 8/18/2010. 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
ARUN - NASDAQ Aruba Networks Inc COMPUTER HARDWARE - Networking andamp; Communication Dev	$18.36	+0.30 1.66%	$19.01	3,509,286 206.04% of 50 DAV 50 DAV is 1,703,200	$18.70 -1.82%	8/30/2010	$18.12	PP = $18.51
								MB = $19.44
Most Recent Note - 8/31/2010 12:18:56 PM Y - Hit a new 52-week high today, trading above its pivot point. Technically, its 8/27/10 gain with heavy volume helped it rally up the right side of a 5-week base during which its 50 DMA line acted as a support level. Confirming gains and a follow-through day for the major averages (M criteria) would be reassuring signs. It rebounded impressively since dropped from the Featured Stocks list on 5/06/10 as it and the broader market endured heavy distributional pressure. >>> The latest Featured Stock Update with an annotated graph appeared on 4/29/2010. 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	$78.43	+1.19 1.54%	$78.94	7,700,696 70.04% of 50 DAV 50 DAV is 10,995,200	$88.32 -11.20%	7/14/2010	$75.03	PP = $78.59
								MB = $82.52
Most Recent Note - 8/30/2010 5:32:29 PM G - Negative reversal today led to a close below its 50 DMA line again. >>> The latest Featured Stock Update with an annotated graph appeared on 8/13/2010. 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	$56.65	-0.08 -0.14%	$57.58	87,712 163.03% of 50 DAV 50 DAV is 53,800	$61.41 -7.75%	7/29/2010	$52.04	PP = $54.07
								MB = $56.77
Most Recent Note - 8/30/2010 3:25:43 PM G - Consolidating near its "max buy" level at its low today with volume totals recently cooling. Support to watch is its 50 DMA and old high near $54. It traded up in 19 of the past 21 months. >>> 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	$109.88	+0.71 0.65%	$110.65	3,040,009 118.41% of 50 DAV 50 DAV is 2,567,300	$114.15 -3.74%	6/2/2010	$88.44	PP = $89.60
								MB = $94.08
Most Recent Note - 8/30/2010 5:33:46 PM G - Down today with below average volume. It is still extended from any sound base, not currently buyable under the investment system guidelines. >>> The latest Featured Stock Update with an annotated graph appeared on 8/16/2010. 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
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
EGO - NYSE Eldorado Gold Corp METALS and MINING - Gold	$19.56	+0.25 1.29%	$20.06	6,946,570 163.91% of 50 DAV 50 DAV is 4,238,100	$19.72 -0.81%	8/19/2010	$18.25	PP = $19.17
								MB = $20.13
Most Recent Note - 8/31/2010 12:24:36 PM Y - Gain today for a new 52-week high amid strong leadership (L criteria) in the group. The Canada-based mining firm triggered a technical buy signal last week. However, 3 out of 4 stocks go the direction of the major averages and the M criteria argues against new buying efforts until a follow-through day confirms a new rally. >>> The latest Featured Stock Update with an annotated graph appeared on 8/19/2010. 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
FFIV - NASDAQ F 5 Networks Inc INTERNET - Internet Software and Services	$87.43	-1.81 -2.03%	$89.21	1,385,030 82.43% of 50 DAV 50 DAV is 1,680,200	$92.70 -5.69%	6/16/2010	$74.50	PP = $74.10
								MB = $77.81
Most Recent Note - 8/31/2010 3:50:06 PM G - Still consolidating in an orderly fashion. Its 50 DMA and recent lows near $80 define support. >>> 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
FOSL - NASDAQ Fossil Inc CONSUMER DURABLES - Recreational Goods, Other	$47.49	-0.46 -0.96%	$48.74	1,339,539 155.25% of 50 DAV 50 DAV is 862,800	$49.50 -4.06%	8/10/2010	$45.54	PP = $42.69
								MB = $44.82
Most Recent Note - 8/31/2010 12:28:02 PM G - Trading up today for an 8th consecutive gain, getting extended from any sound base. >>> The latest Featured Stock Update with an annotated graph appeared on 8/11/2010. 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
GMCR - NASDAQ Green Mtn Coffee Roastrs FOOD and BEVERAGE - Processed and Packaged Goods	$30.82	+0.64 2.12%	$31.00	4,402,267 192.96% of 50 DAV 50 DAV is 2,281,400	$33.98 -9.30%	8/17/2010	$33.62	PP = $33.30
								MB = $34.97
Most Recent Note - 8/31/2010 5:40:14 PM G - Solid gain today with above average volume, rallying up from its 50 DMA line. Possible handle may be forming after the previously noted cup shaped pattern. >>> The latest Featured Stock Update with an annotated graph appeared on 8/17/2010. 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
HS - NYSE Healthspring Inc HEALTH SERVICES - Health Care Plans	$20.76	+0.41 2.01%	$20.99	936,512 166.14% of 50 DAV 50 DAV is 563,700	$20.66 0.48%	8/27/2010	$19.91	PP = $19.75
								MB = $20.74
Most Recent Note - 8/31/2010 6:16:34 PM Y - Hit a new 52-week high today with a gain on above average volume, closing near its "max buy" level. Gapped up on 8/27/10 after announcing news that it will acquire Bravo Health for $545 million, rallying from a short flat base as it was featured in the mid-day report. >>> The latest Featured Stock Update with an annotated graph appeared on 8/27/2010. 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
MELI - NASDAQ Mercadolibre Inc INTERNET - Internet Software and; Services	$65.94	+1.20 1.85%	$66.04	575,740 55.42% of 50 DAV 50 DAV is 1,038,800	$70.95 -7.06%	5/13/2010	$54.21	PP = $55.85
								MB = $58.64
Most Recent Note - 8/30/2010 3:39:14 PM G - Consolidating quietly well above prior highs in the $62 area and its 50 DMA line defining chart support. Recently noted - "The pullback may be offering investors a secondary buy point, however weakened market conditions (M criteria) are a concern now arguing against new buying effort until a new follow-through day occurs." >>> The latest Featured Stock Update with an annotated graph appeared on 8/26/2010. 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
MRX - NYSE Medicis Pharmaceut Cl A DRUGS - Biotechnology	$27.50	+0.27 0.99%	$27.81	1,704,269 147.77% of 50 DAV 50 DAV is 1,153,300	$28.15 -2.31%	8/12/2010	$26.88	PP = $26.71
								MB = $28.05
Most Recent Note - 8/30/2010 1:07:49 PM Y - Rallying today near its 52-week high with little resistance remaining due to overhead supply. The high-ranked Medical - Ethical Drugs firm found support recently while consolidating near prior chart highs. >>> The latest Featured Stock Update with an annotated graph appeared on 8/12/2010. 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
MWIV - NASDAQ M W I Veterinary Supply HEALTH SERVICES - Medical Instruments and; Supplies	$53.01	+0.17 0.32%	$53.39	61,627 78.91% of 50 DAV 50 DAV is 78,100	$55.46 -4.42%	7/29/2010	$52.05	PP = $52.09
								MB = $54.69
Most Recent Note - 8/30/2010 5:35:40 PM Y - Negatively reversed today after a small gap up, closing at the session low. Recent lows in the $46 area define an important chart support level. >>> 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	$61.32	+1.40 2.34%	$61.92	7,702,892 102.83% of 50 DAV 50 DAV is 7,491,100	$63.38 -3.25%	8/31/2010	$61.32	PP = $63.48
								MB = $66.65
Most Recent Note - 8/31/2010 6:24:56 PM Y - Closed 61 cents off its 7/09/10 high close today with a gap up gain on average volume helping it rise further above its 50 DMA line. Color code is changed to yellow with new pivot point cited based on its 52-week high plus ten cents. Disciplined investors will watch for a confirming gain above its pivot with heavy volume and a follow-through day from one of the major averages. Leadership in the Mining - Gold/Silver/Gems group (L criteria) is a nice reassurance. >>> 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
NEOG - NASDAQ Neogen Corp DRUGS - Diagnostic Substances	$29.22	+0.64 2.24%	$29.31	164,397 197.12% of 50 DAV 50 DAV is 83,400	$30.39 -3.85%	7/22/2010	$27.19	PP = $27.87
								MB = $29.26
Most Recent Note - 8/31/2010 6:27:22 PM Y- Consolidating -4% off its all-time high, it posted a gain today with above average volume. Recently rallied up from its 50 DMA line and prior highs in the $27 area defining important technical support. >>> The latest Featured Stock Update with an annotated graph appeared on 8/20/2010. 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
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
NFLX - NASDAQ Netflix Inc SPECIALTY RETAIL - Music and Video Stores	$125.52	+2.42 1.97%	$126.95	3,440,509 78.30% of 50 DAV 50 DAV is 4,393,800	$140.90 -10.92%	8/10/2010	$124.05	PP = $124.00
								MB = $130.20
Most Recent Note - 8/30/2010 3:33:06 PM Y- Holding its ground, consolidating near its prior high of $124 noted as an important support level to watch. Color code was changed to yellow while finding recent support near its pivot point. >>> The latest Featured Stock Update with an annotated graph appeared on 8/10/2010. 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
PAY - NYSE Verifone Systems Inc COMPUTER HARDWARE - Transaction Automation Systems	$24.18	-0.73 -2.93%	$25.00	1,455,113 120.59% of 50 DAV 50 DAV is 1,206,700	$25.12 -3.74%	8/25/2010	$24.30	PP = $23.74
								MB = $24.93
Most Recent Note - 8/31/2010 3:39:09 PM Y - Pulling back today from its 52-week high, its color code is changed to yellow while consolidating under its "max buy" level. Blasted higher on 8/25/10 following better than expected results, noted in the mid-day report (read here) while then rising from a cup-with-handle base - "Long ago, based on disappointing fundamental news and very weak technical action, it was dropped from the Featured Stocks list on 12/3/2007 as it gapped down for a considerable loss after the company said it would restate its earnings for the past three quarters, with the added warning that revelations of deeper problems may follow. It has rebounded impressively and is now clear of overhead supply after a powerful technical breakout with 6 times average volume, however the M criteria is now arguing against new buying efforts until a new follow-through day occurs from at least one of the major averages." >>> The latest Featured Stock Update with an annotated graph appeared on 8/30/2010. 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
ROVI - NASDAQ Rovi Corp COMPUTER SOFTWARE andamp; SERVICES - Security Software andamp; Services	$43.51	+1.46 3.47%	$43.63	1,320,952 116.44% of 50 DAV 50 DAV is 1,134,400	$44.96 -3.23%	8/31/2010	$43.31	PP = $45.06
								MB = $47.31
Most Recent Note - 8/31/2010 3:43:19 PM Y - Rallying up from support at its 50 DMA line. Color code is changed to yellow with new pivot point cited while building a base-on-base type pattern. >>> The latest Featured Stock Update with an annotated graph appeared on 8/24/2010. 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	$34.40	+0.35 1.01%	$34.66	286,256 66.57% of 50 DAV 50 DAV is 430,000	$40.98 -16.07%	8/5/2010	$39.55	PP = $41.08
								MB = $43.13
Most Recent Note - 8/30/2010 3:23:38 PM G - Considerable loss today, violating its 50 DMA line and recent lows, raising concerns. The next support is at its 200 DMA line and prior chart lows in the $30 area. >>> 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
SLW - NYSE Silver Wheaton Corp METALS and; MINING - Silver	$22.56	-0.30 -1.31%	$23.58	8,026,336 173.97% of 50 DAV 50 DAV is 4,613,700	$23.18 -2.67%	8/25/2010	$21.40	PP = $21.99
								MB = $23.09
Most Recent Note - 8/31/2010 12:38:47 PM Y - Hit another new all-time high today amid strength in the group, trading near its "max buy" level. The M criteria remains a concern until a follow-through day confirms a new rally. >>> The latest Featured Stock Update with an annotated graph appeared on 8/25/2010. 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	$29.15	+0.66 2.32%	$29.74	787,071 140.12% of 50 DAV 50 DAV is 561,700	$28.79 1.25%	7/8/2010	$25.20	PP = $26.58
								MB = $27.91
Most Recent Note - 8/31/2010 12:47:03 PM G - Hitting another new all-time high today. Gain on 8/27/10 with +50% above average volume helped it rally to a new all-time high and close above its "max buy" level. Color code was changed to green. No resistance remains due to overhead supply. >>> The latest Featured Stock Update with an annotated graph appeared on 8/31/2010. 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
WCRX - NASDAQ Warner Chilcott Plc DRUGS - Drug Manufacturers - Other	$28.42	-0.20 -0.70%	$28.97	1,605,611 93.30% of 50 DAV 50 DAV is 1,720,900	$30.57 -7.03%	8/23/2010	$29.54	PP = $29.34
								MB = $30.81
Most Recent Note - 8/27/2010 6:24:02 PM Y - Posted a gain today with heavy volume, yet it ended the session still below its pivot point after 2 prior losses on lighter volume. It was featured in yellow in the mid-day report on 8/23/10 (read here), rising from a cup shaped base. >>> The latest Featured Stock Update with an annotated graph appeared on 8/23/2010. 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