PICTURED: The tech-heavy Nasdaq Composite Index rose 17 points to 4,598 hitting new 2014 highs with higher (near average) volume behind the gain.

Stocks took a breather on Tuesday. The Dow declined 30 points to 17,067. The S&P 500 fell from a fresh record high as it gave up less than 2 points to close at 2,002.  Equities finished mixed as investors grew cautious ahead of an ECB meeting and monthly employment report later this week.

The latest economic data was encouraging. The ISM's manufacturing index unexpectedly increased last month to the highest level since March 2011 and construction spending jumped in July by the most in more than two years. In addition, the final reading on Markit's manufacturing PMI for August was revised slightly lower, but is at its best level since April 2010.

Overall, sectors were mixed. Energy was the worst performing group as WTI crude prices fell for the first time in five sessions. Chevron (CVX -1.48%) declined. Utilities also weighed on the market as Exelon (EXC -1.77%) dropped. Consumer stocks were mixed. Home Depot (HD -2.02%) fell after saying it is investigating a possible data breach. On the upside, Staples (SPLS +8.13%) rallied following positive analyst comments. Financials advanced, led by Bank of America's (BAC +1.12%) gain.

Treasuries retreated. The 10-year note declined 21/32 to yield 2.42%. The 30-year bond fell by nearly two full points to yield 3.17%.

The CANSLIM.net Featured Stocks Page shows the most action-worthy candidates and their latest notes and a Headline Link directs members to the latest detailed analysis with data-packed graphs annotated by a Certified expert along with links to additional resources.  The Premium Member Homepage includes "dynamic archives" to all prior pay reports published.

Financial shares helped the major indices as the Bank Index ($BKX +0.57%) and the Broker/Dealer Index ($XBD +0.60%) both had a positive bias.  The Semiconductor Index ($SOX -0.42%) lost ground while the Networking Index ($NWX -0.01%) finished flat and the Biotechnology Index ($BTK +0.13%) eked out a tiny gain. The Gold & Silver Index ($XAU -3.47%) was a clear laggard as it suffered a large loss. Energy-related shares also fell as the Oil Services Index ($OSX -1.12%) and Integrated Oil Index ($XOI -0.89%) lost ground.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.09%) finished flat on Tuesday, perched at its 2014 high.

Taro Pharmaceutical Inds (TARO -$1.41 or -0.87% to $159.75) churned above average volume at its 52-week high today and finished near the session low with a loss, a sign of distributional pressure. It has been repeatedly noted - "Extended from any sound base. Recently reported earnings for the Jun '14 quarter below the +25% minimum earnings guideline (C criteria) raising fundamental concerns."

TARO found support at its 50-day moving average (DMA) line and rallied to new highs since last shown in this FSU section on 8/06/14 with annotated graphs under the headline,"Still Building on an Advanced Base Pattern". It traded up as much as +40.1% since first featured in yellow in the 6/26/14 mid-day report at $117.31. Members were previously reminded - "The investment system rules say a stock should be held a minimum of 8 weeks after rising more than +20% in the first 2-3 weeks from being bought."  In this case the stock went on to make further progress even after the company reported earnings -18% on -15% sales revenues for the Jun '14 quarter raising fundamental concerns with earnings below the +25% minimum guideline (C criteria).

The Israel-based Medical - Generic Drugs firm has seen the number of top-rated funds owning its shares rise from 2 in Mar '12 to 54 as of Jun '14, a reassuring sign concerning the I criteria. TARO has a small supply (S criteria) of only 44.3 million shares outstanding, which is favorable, however any institutional buying or selling could lead to great price volatility. Disciplined investors who may still be giving it the benefit of the doubt should be watchful for any damaging sell signals which would prompt them to lock in gains.

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
ACT - NYSE Actavis plc Medical-Generic Drugs	$229.07	+2.09 0.92%	$229.41	1,511,894 61.61% of 50 DAV 50 DAV is 2,454,000	$230.77 -0.74%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 8/28/2014 6:16:40 PM Y - Quietly perched near its 52-week high today trading very light volume. Subsequent volume-driven gains to new highs may trigger a technical buy signal. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Quietly Perched Within Striking Distance of 52-Week High - 8/28/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$44.90	+0.87 1.98%	$45.43	653,500 134.58% of 50 DAV 50 DAV is 485,600	$47.10 -4.67%	5/21/2014	$44.85	PP = $44.85
								MB = $47.09
Most Recent Note - 8/28/2014 6:18:32 PM G - Consolidating above support at its 50 DMA line, still only -6.5% off its 52-week high. Relative Strength Rating has slumped to 69, below the 80+ minimum guideline for buy candidates. Faces resistance due to overhead supply up through the $47 level. >>> FEATURED STOCK ARTICLE : Relative Strength Rating Slumped While Building Longer Base - 8/18/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$88.88	+1.05 1.20%	$89.00	2,351,948 174.22% of 50 DAV 50 DAV is 1,350,000	$98.28 -9.56%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 9/2/2014 6:39:57 PM G - Finished near the session high today for a small gain with above average volume. Fundamentals remain strong, however recently enduring distributional pressure and noted repeatedly with caution - "Has the look of a 'climax run' with volume-driven gains getting very extended from its prior base." >>> FEATURED STOCK ARTICLE : Finished Near Session Low - Noted With Look of "Climax Run" - 8/27/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
EQM - NYSE E Q T Midstream Partners ENERGY - Oil and Gas Pipelines	$97.13	-0.36 -0.37%	$98.68	82,802 30.11% of 50 DAV 50 DAV is 275,000	$102.51 -5.25%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 9/2/2014 6:34:11 PM G - Little resistance remains due to overhead supply while perched within close striking distance of its 52-week high with volume totals cooling in recent weeks. Reported earnings +37% on +21% sales revenues for the Jun '14 quarter, an improvement after 2 sub par quarterly earnings comparisons. >>> FEATURED STOCK ARTICLE : Following 50-Day Moving Average Violation Gains Lacked Volume - 8/7/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
FB - NASDAQ Facebook Inc Cl A INTERNET	$76.68	+1.86 2.49%	$76.70	34,720,521 90.26% of 50 DAV 50 DAV is 38,467,000	$76.74 -0.08%	7/24/2014	$76.00	PP = $72.69
								MB = $76.32
Most Recent Note - 9/2/2014 6:36:55 PM G - Color code is changed to green after it rallied for a best-ever close and finished near the session high with today's gain on higher volume but below average volume. Prior highs in the $72 area define initial support above its 50 DMA line ($70.98). >>> FEATURED STOCK ARTICLE : Making Limited Headway But Holding Ground Since Gap Up - 8/20/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$69.07	+0.55 0.80%	$70.00	4,400,949 153.77% of 50 DAV 50 DAV is 2,862,000	$69.50 -0.62%	8/29/2014	$68.50	PP = $67.89
								MB = $71.28
Most Recent Note - 8/29/2014 5:43:43 PM Y - Was highlighted in yellow with pivot point cited based on its 7/07/14 high plus 10 cents in the earlier mid-day report (read here). Its gap up gain backed by heavy volume for a new 52-week high triggered a technical buy signal. No overhead supply remains to act as resistance. Quarterly earnings (C criteria) through Jun '14 have shown strong growth and its annual earnings (A criteria) history is a good match the investment system guidelines. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Gap Up For New High With Volume Triggered Technical Buy Signal - 8/29/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$89.74	+4.75 5.59%	$90.00	4,501,694 327.63% of 50 DAV 50 DAV is 1,374,000	$87.79 2.22%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 9/2/2014 6:12:59 PM Y - Hit a new 52-week high and rallied above its pivot point triggering a new (or add-on) technical buy signal with today's gain backed by more than 3 times average volume. No resistance remains due to overhead supply. Subsequent violations of the 50 DMA line or the 8/28/14 low ($79.71) would trigger technical sell signals. Reports earnings on 9/09/14 and volume and volatility often increase near earnings news. >>> FEATURED STOCK ARTICLE : Building on New Base Pattern Above 50-Day Average - 8/11/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
STRT - NASDAQ Strattec Security Corp AUTOMOTIVE - Auto Parts	$82.25	+2.01 2.50%	$89.87	48,898 168.61% of 50 DAV 50 DAV is 29,000	$81.94 0.38%	8/22/2014	$71.47	PP = $73.97
								MB = $77.67
Most Recent Note - 9/2/2014 6:20:21 PM G - Spiked to another new 52-week high today but erased much of its gain and finished in the lower third of its intra-day range, a sign of distributional pressure. Volume was +72% above average behind the gain on the prior session, however it was getting extended from its prior base by the time volume-driven gain helped clinch a technical buy signal. >>> FEATURED STOCK ARTICLE : Small Supply of Shares and Perched Near All-Time Highs - 8/22/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
TARO - NYSE Taro Pharmaceutical Inds DRUGS - Drug Manufacturers - Other	$159.75	-1.41 -0.87%	$163.98	235,360 294.20% of 50 DAV 50 DAV is 80,000	$165.30 -3.36%	7/30/2014	$144.24	PP = $149.99
								MB = $157.49
Most Recent Note - 9/2/2014 6:22:56 PM G - Churned above average volume at its 52-week high today, finishing with a loss and near the session low. Enduring distributional pressure, and it was previously noted with caution - "Extended from any sound base. Recently reported earnings for the Jun '14 quarter below the +25% minimum earnings guideline (C criteria) raising fundamental concerns." See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Churning Action Indicative of Distributional Pressure - 9/2/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
TRN - NYSE Trinity Industries Inc TRANSPORTATION - Railroads	$49.66	+1.28 2.65%	$49.66	3,185,297 123.99% of 50 DAV 50 DAV is 2,569,000	$49.17 1.00%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 9/2/2014 6:26:36 PM G - Hit another new 52-week high with today's volume-driven gain. It has not formed a sound base. Prior highs near $46-47 define near-term support above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Rallying Into New High Territory Without Forming New Base - 8/25/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC 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
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$71.13	+2.77 4.05%	$71.17	3,609,920 155.13% of 50 DAV 50 DAV is 2,327,000	$71.79 -0.92%	7/10/2014	$58.50	PP = $60.79
								MB = $63.83
Most Recent Note - 9/2/2014 6:28:51 PM G - Finished near the session high and at a best-ever close with today's considerable volume-driven gain. No resistance remains due to overhead supply. Fundamental concerns were raised by earnings reported +0% on +34% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria), yet the company raised its guidance. >>> FEATURED STOCK ARTICLE : Holding Ground Near All-Time Highs Despite Fundamental Concerns - 8/26/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
WLK - NYSE Westlake Chemical Corp CHEMICALS - Specialty Chemicals	$97.96	+0.83 0.85%	$98.35	530,093 104.35% of 50 DAV 50 DAV is 508,000	$97.16 0.82%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 9/2/2014 6:30:11 PM G - Hit another new 52-week high with higher volume (near average) behind today's 4th consecutive gain. Its 50 DMA line defines support where a subsequent violation would raise greater concerns and trigger a technical sell signal. Technical strength has continued despite having reported earnings +11% on +6% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Technically Strong Despite Fundamental Concerns Raised By Most Current Quarterly Earnings - 8/21/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M
YY - NASDAQ YY Inc Ads INTERNET - Internet Service Providers	$87.92	+3.03 3.57%	$88.00	1,042,558 76.83% of 50 DAV 50 DAV is 1,357,000	$90.93 -3.31%	8/19/2014	$85.81	PP = $91.03
								MB = $95.58
Most Recent Note - 9/2/2014 6:31:30 PM Y - Volume was below average behind today's 2nd consecutive gain. Subsequent volume-driven gains for new highs may trigger a new technical buy signal. Its 50 DMA line defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Encountered Distributional Peressure Near Prior High - 8/19/2014 View all notes | Set NEW NOTE alert | CANSLIM.net Company Profile | SEC News | Chart | Request a new note C A N S L I M