Stocks were sharply lower after the weakest government reading on jobs in almost a year. The Labor Department said payrolls were unchanged in August, worse than even the meager gain of about 65,000 that analysts were projecting. Hourly earnings and hours worked both declined, while the August unemployment rate remained at 9.1%.

European markets weakened as snags re-emerged in the continent’s crisis management effort. The DAX in Germany fell -3.4%. Italian bond yields rose for the tenth day as that nation's austerity package appeared to unravel. Major US banks including Bank of America Corp (BAC -8.43%), Citigroup Inc (C -5.33%), and JP Morgan Chase & Co (JPM -4.36%) faced additional pressure on the heels of a published report saying federal lawsuits are pending over the quality of mortgage securities. The suits will reportedly seek billions of dollars in compensation.

Netflix Inc (NFLX -8.64%) fell hard after the premium cable channel Starz said it would not renew its closely-watched distribution deal with the company.  Gold mining stocks including Barrick Gold Corp (ABX +2.32%) and Newmont Mining Corp (NEM +3.20%) were among the few left standing at Friday's end as gold prices jumped the most in four weeks. Meanwhile, the 10-year Treasury note rallied more than a full point to yield 2.00%.

The market environment (M criteria) is currently in a confirmed uptrend, which means disciplined investors may carefully consider new buying efforts when all key criteria are satisfied.  As previously repeated, the indices also remain well below their respective 200-day moving average (DMA) lines, and to be considered truly "healthy" they would need to rebound above their long-term averages.

The September 2011 issue of CANSLIM.net News will be available soon.  The Q3 2011 Webcast has also been scheduled for Wednesday, September 28th at 8PM EST.  Links to all prior reports and webcasts are available on the Premium Member Homepage.

PICTURED: The IBD 85-85 Index of high-ranked stocks ran into resistance near its 200 DMA line after recent gains lacking great volume conviction. Its 50 DMA line remains above its 200 DMA line. This distinction suggests that fundamentally superior stocks may, on average, be recently outperforming other stocks which make up the market's popular major indices. That characteristic stands in contrast with the Dow Jones Industrial Average, S&P 500 Index, and the Nasdaq Composite Index at present. As a result of the recent market correction, the three major averages each has seen its 50 DMA converge and cross below its respective 200 DMA line, ominously termed a "death cross" by technicians.

Charts courtesy www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU +1.60%) has rallied into an area where this year, and in late 2010, it encountered resistance. Regular readers may have likely noticed the increasing number of companies from the Mining - Gold/Silver Gems shares group noted in the routine screenings for the CANSLIM.net Mid-Day BreakOuts Report. Most companies have been noted for flaws in the earnings histories which make them questionable candidates for disciplined followers of the fact-based investment system.

Marketaxess Holdings Inc's (MKTX -$0.43 or -1.47% to $28.92) daily volume totals have been cooling while hovering near its all-time high. Its last appearance was in this FSU section was on 8/23/11 with an annotated graph under the headline, "Outlier's Gains Have Distanced It From Prior Base". It has been holding its ground stubbornly following a negative reversal on 8/30/11 after reaching a new high. It is extended from its prior base. Meanwhile, prior resistance in the $25-26 area defines chart support to watch along with its 50-day moving average (DMA) line. It proved resilient near that short-term average in the past after undercutting it, and it stayed above its longer-term 200 DMA line. MKTX has earned high ranks and reasonably satisfies the guidelines concerning quarterly and annual earnings (C and A criteria), however a downturn in FY '08 (see red oval) was previously noted as a flaw. Additionally, the Finance - Investment Bankers industry group currently has a Relative Strength rating of E which indicates the group has been a poor performer rather than a strong leader (L criteria). The number of top-rated funds owning its shares rose from 195 in Dec '10 to 229 in Jun '11, a reassuring sign concerning the I criteria.

All prior notes can be reviewed on the Company Profile page under the "View All Notes" tab. The "Featured Articles and Daily Graphs" tab on the Company Profile page allows members to view all of the previous detailed analysis and annotated graphs published on any stocks we have covered.

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
EXLS - NASDAQ Exlservice Holdings Inc DIVERSIFIED SERVICES - Business/Management Services	$25.55	-0.42 -1.62%	$26.05	93,603 99.79% of 50 DAV 50 DAV is 93,800	$26.46 -3.44%	8/2/2011	$24.85	PP = $24.85
								MB = $26.09
Most Recent Note - 9/2/2011 7:29:27 PM Y - Quietly finished the week near its 2011 high, holding its ground just under its "max buy" level after a spurt of volume-driven gains. Its 50 DMA line defines important chart support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 8/25/2011. 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
FCFS - NASDAQ First Cash Financial Svs SPECIALTY RETAIL - Specialty Retail, Other	$46.15	-1.17 -2.47%	$47.17	353,888 103.75% of 50 DAV 50 DAV is 341,100	$48.19 -4.23%	5/31/2011	$42.00	PP = $40.23
								MB = $42.24
Most Recent Note - 9/2/2011 7:31:04 PM G - Quietly ended the week near its all-time high after gains with above average volume. It has not formed a sound new base pattern. Its 50 DMA line defines supports to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 8/22/2011. 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
JCOM - NASDAQ J 2 Global Communication INTERNET - Internet Software and Services	$31.02	-0.61 -1.93%	$31.57	516,488 137.91% of 50 DAV 50 DAV is 374,500	$32.64 -4.96%	8/8/2011	$30.38	PP = $29.31
								MB = $30.78
Most Recent Note - 9/2/2011 7:32:51 PM G - Pulled back today for its 3rd consecutive loss after reaching a new 52-week high this week with a solid volume-driven gain on 8/30/11 indicative of institutional accumulation. Previous highs in the $30-31 area now define initial chart support on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 8/29/2011. 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
MA - NYSE Mastercard Inc Cl A DIVERSIFIED SERVICES - Business/Management Services	$320.68	-9.38 -2.84%	$326.62	872,186 57.10% of 50 DAV 50 DAV is 1,527,500	$340.42 -5.80%	8/3/2011	$324.82	PP = $322.38
								MB = $338.50
Most Recent Note - 9/2/2011 7:34:45 PM Y - Still perched -5.8% off its 8/03/11 all-time high, quietly consolidating with volume totals cooling. Support to watch is its 50 DMA line ($312). >>> The latest Featured Stock Update with an annotated graph appeared on 8/26/2011. 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
MG - NYSE Mistras Group Inc DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services	$19.15	-1.05 -5.20%	$19.53	199,817 123.34% of 50 DAV 50 DAV is 162,000	$20.82 -8.02%	8/10/2011	$17.89	PP = $17.58
								MB = $18.46
Most Recent Note - 9/2/2011 7:36:33 PM G - Finished in the upper half of its intra-day range today, but ended with its 3rd consecutive loss with above average volume, action indicative of distributional pressure. Previous resistance in the $17-18 area defines important chart support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 8/24/2011. 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
MKTX - NASDAQ Marketaxess Holdings Inc FINANCIAL SERVICES - Investment Brokerage - Nationa	$28.92	-0.43 -1.47%	$29.37	174,063 70.44% of 50 DAV 50 DAV is 247,100	$30.95 -6.56%	7/29/2011	$25.87	PP = $26.35
								MB = $27.67
Most Recent Note - 9/2/2011 7:38:21 PM G - Volume totals have been cooling while hovering near its all-time high. Holding its ground stubbornly following a negative reversal on 8/30/11 after reaching a new high. It is extended from its prior base. Prior resistance in the $25-26 area defines chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 9/2/2011. 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
PSMT - NASDAQ Pricesmart Inc RETAIL - Drug Stores	$62.81	-1.57 -2.44%	$63.81	359,507 131.54% of 50 DAV 50 DAV is 273,300	$68.05 -7.70%	8/30/2011	$63.01	PP = $62.37
								MB = $65.49
Most Recent Note - 9/2/2011 7:43:01 PM Y - After its negative reversal on 9/01/11 it gapped down today, testing its prior highs near $62 previously noted as defining initial chart support to watch. A subsequent close under its old high close ($61.54 on 8/03/11) would completely negate the recent technical breakout. >>> The latest Featured Stock Update with an annotated graph appeared on 8/30/2011. 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