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AFTER MARKET UPDATE - WEDNESDAY, SEPTEMBER 12TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +27.86 25,998.92 +0.11% Volume 764,176,820 +12% Volume 2,377,307,950 +3%
NASDAQ -18.24 7,954.23 -0.23% Advancers 1,633 56% Advancers 1,406 47%
S&P 500 +1.03 2,888.92 +0.04% Decliners 1,299 44% Decliners 1,588 53%
Russell 2000 -2.71 1,715.70 -0.16% 52 Wk Highs 96   52 Wk Highs 95  
S&P 600 -3.06 1,079.31 -0.28% 52 Wk Lows 79   52 Wk Lows 89  

Breadth Slightly Positive as Major Indices Ended Mixed

Stocks finished mixed Wednesday. The Dow added 27 points to 25998, while the S&P 500 climbed 1 point to 2888. The Nasdaq Composite lost 18 points to 7954. The volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session's totals. Advancers led decliners by near a 4-3 margin on the NYSE, but decliners led advancers by an 8-7 margin on the Nasdaq exchange. There were 54 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 64 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. The major indices (M criteria) remain in a confirmed uptrend with a healthy crop of stocks hitting new highsThFeatured Stocks Page provides the most timely analysis on high-ranked leaders.
Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index is perched near its record high.

The major averages traded in a narrow range as easing geopolitical tensions were offset by broad weakness in Financial and Tech stocks. In geopolitics, a report indicated that the U.S. has proposed another round of trade talks with China. On the data front, an update on PPI revealed core producer prices (ex-food and energy) fell 0.1% sequentially in August, the first monthly decline in 18-months. The Fed released its latest Beige Book which revealed the economy expanded at a modest pace in August but cautioned trade concerns could impact future growth.

Eight of 11 S&P 500 sectors finished the session higher. Consumer Staples outperformed as Altria Group (MO +6.66%) rose on reports the FDA plans to crack down on e-cigarettes. Energy shares also provided a tailwind to the market in sympathy with higher oil prices. The Financials sector was down the most as JP Morgan Chase & Co (JPM  -1.18%) and SunTrust (STI -3.81%) fell. The Technology sector underperformed with semiconductors experiencing broad weakness following several analyst downgrades.

Treasuries were mostly stronger, with the yield on the 10-year note down two basis points to 2.96%. In commodities, WTI crude climbed 1.4% to $70.24/barrel. COMEX gold added 0.7% to $1205.40/ounce amid a weaker dollar.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.


Broker/Dealer Index Deterioration - Retail and Commodity-Linked Gains

Retail Index ($RLX +3.46%) led the major averages higher on Wednesday while the Bank Index ($BKX -1.52%) and the Broker/Dealer Index ($XBD -1.44%) both created a dragThe Gold & Silver Index ($XAU +3.46%) was another standout gainer while the Oil Services Index ($OSX +1.61%) and Integrated Oil Index ($XOI +0.60%) also roseThe tech sector was mixed as the Semiconductor Index ($SOX -1.17%) slumped and the Biotech Index ($BTK -0.09%) was little changed, the Networking Index ($NWX +0.37%) eked out a small gain. 

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -1.44%) deteriorated below recent lows raising concerns. It has been sputtering below its 50-day and 200-day moving average (DMA) lines, and any rebound would be a reassuring sign. Meanwhile, the weakness is raising a huge red flag right now. The financial groups are considered reliable leading indicators for the broader market outlook.  Longtime readers may recall how the XBD in 2007 led the BKX lower, and the major indices soon followed. 


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  141.16 +2.23 +1.61% -5.61%
Integrated Oil $XOI  1,483.72 +8.86 +0.60% +11.09%
Semiconductor $SOX  1,346.02 -15.87 -1.17% +7.42%
Networking $NWX  563.85 +2.10 +0.37% +14.95%
Broker/Dealer $XBD  267.72 -3.90 -1.44% +0.94%
Retail $RLX  2,432.49 +5.59 +0.23% +40.30%
Gold & Silver $XAU  64.06 +2.14 +3.46% -24.87%
Bank $BKX  108.28 -1.67 -1.52% +1.47%
Biotech $BTK  5,123.82 -4.58 -0.09% +21.35%


Consolidating Above 50-Day Moving Average Near High

Paypal Holdings Inc (PYPL +$0.97 or +1.06% to $92.40) posted a 3rd consecutive gain rising back above its "max buy" level and its color code is changed to green. Its 50-day moving average (DMA) line ($87.71) defines important near-term support above prior lows.

It recently reported earnings +26% on +23% sales revenues for the Jun '18 quarter, its 5th consecutive quarterly earnings increase above the +25% minimum guideline (C criteria). PYPL was last shown in this FSU section on 7/26/18 with an annotated graph under the headline, "Paypal Pulling Back From Record High". It was highlighted in yellow in the 2/01/18 mid-day report (read here) while testing support at prior highs and its 10 week moving average line.

Very encouraging sales revenues and earnings growth rate acceleration was noted in prior sequential quarterly comparisons, making it a better match with the fact-based investment system's winning models.Sales revenues rose by +17%, +18%, +21%, and +26% in the Mar, Jun, Sep, Dec '17 quarters, respectively, versus the year ago periods. Its annual earnings (A criteria) history has been very strong and steady.

The high-ranked Finance - Credit Card/Payment Processing firm saw the number of top-rated funds owning its shares rise from 2,054 in Mar '17 to 2,484 in Jun '18, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of B and Sponsorship Rating of B.

Charts courtesy wwwstockcharts.com


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
OSBC - NASDAQ
Old Second Bancorp Inc
BANKING - Regional - Midwest Banks  
$15.30 -0.10
-0.65%

$15.45

73,690
95.70% of 50 DAV
50 DAV is 77,000
$16.30
-6.13%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 9/12/2018 7:27:27 PM
G - Consolidating above its 50 DMA line ($15.21). The prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is 80, at the minimum guideline for buy candidates. Met stubborn resistance after hitting a new high on 7/26/18 with a big volume-driven gain. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bank Perched Less Than -5% Off Record High - 8/23/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SIVB - NASDAQ
S V B Financial Group
BANKING - Regional - Pacific Banks  
$317.41 -7.97
-2.45%

$326.51

430,957
106.41% of 50 DAV
50 DAV is 405,000
$333.74
-4.89%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/12/2018 7:26:11 PM
Y - Slumped near its 50 DMA line ($315.25) today, and further deterioration would raise concerns. Met resistance in recent weeks near prior highs. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing new technical buy signal.
>>> FEATURED STOCK ARTICLE : Bank Posted Quiet Gain for a Best-Ever Close - 8/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ZBRA - NASDAQ
Zebra Tech Corp Cl A
COMPUTER HARDWARE - Computer Peripherals  
$174.69 +3.21
1.87%

$175.26

270,406
72.69% of 50 DAV
50 DAV is 372,000
$172.89
1.04%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/12/2018 7:33:00 PM
G - Extended from any sound base after today's 4th consecutive gain with light volume for a new all-time high. Prior high in the $161 area defines initial support above its 50 DMA line ($156) Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Big Gain for New High Backed by Heavy Volume - 8/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
EPAM - NYSE
Epam Systems Inc
COMPUTER SOFTWARE and SERVICES - Information Technology Service  
$139.71 +1.73
1.25%

$139.82

431,742
88.65% of 50 DAV
50 DAV is 487,000
$144.19
-3.11%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/6/2018 12:32:13 PM
Y - Color code is changed to yellow while pulling back below its "max buy" level. Prior highs in the $137 area define near term support along with its 50 DMA line ($132.75). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Tech Services Firm Remains Fundamentally and Technically Strong - 8/20/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
IRBT - NASDAQ
Irobot Corp
CONSUMER DURABLES - Electronic Equipment  
$108.20 +0.22
0.20%

$109.89

608,631
62.36% of 50 DAV
50 DAV is 976,000
$118.75
-8.88%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/6/2018 6:05:39 PM
Y - Slumped back below its pivot point with today's big loss on higher volume raising concerns while negating the recent breakout. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Household Appliance Maker Rallied From Choppy Base - 8/29/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
TSC - NASDAQ
TriState Capital Hld Inc
CONSUMER NON-DURABLES - Personal Products  
$29.45 -0.25
-0.84%

$29.65

173,095
116.17% of 50 DAV
50 DAV is 149,000
$30.10
-2.16%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 9/11/2018 5:10:57 PM
Y - Sputtered today after highlighted in yellow with pivot point cited based on its 7/24/18 high plus 10 cents. Churning above average volume while holding its ground in a tight range near its all-time high. Subsequent volume-driven gains above its pivot point may trigger a technical buy signal. The 4 latest quarterly earnings reports through Jun '18 have been above the +25% minimum guideline (C criteria). and sales revenues growth has been strong. Annual earnings (A criteria) history has been good. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : TriState Bank Perched Near All-Time High - 9/11/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$221.01 +3.80
1.75%

$221.58

407,663
69.10% of 50 DAV
50 DAV is 590,000
$225.92
-2.17%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/12/2018 7:22:46 PM
Y - Color code is changed to yellow after rallying above its 50 DMA line ($217). New pivot point cited is based on its 7/25/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The prior low ($210.64 on 8/03/18) defines important near-term support above its 200 DMA line($202). Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Testing 50-Day Average With Loss on Higher Volume - 8/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MA - NYSE
Mastercard Inc Cl A
Finance-CrdtCard/PmtPr  
$214.03 +0.58
0.27%

$214.46

2,291,309
74.49% of 50 DAV
50 DAV is 3,076,000
$217.35
-1.53%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/12/2018 7:29:34 PM
Y - Quietly perched near its all-time high. Its 50 DMA line ($206) defines support above the prior lows in the $193-196 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Found Support Near 50-Day Moving Average Line - 8/10/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
V - NYSE
Visa Inc Cl A
Finance-CrdtCard/PmtPr  
$146.57 +1.08
0.74%

$146.80

6,964,125
96.16% of 50 DAV
50 DAV is 7,242,000
$147.86
-0.87%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/5/2018 5:56:52 PM
G - Suffered a large loss with heavy volume today, action indicative of distributional pressure. It is extended from any sound base. Its 50 DMA line ($139) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Rally From 50-Day Average - 7/27/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NANO - NASDAQ
Nanometrics Inc
ELECTRONICS - Scientific and Technical Instrum  
$37.05 -1.29
-3.36%

$37.85

536,669
134.17% of 50 DAV
50 DAV is 400,000
$48.26
-23.23%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/12/2018 7:12:34 PM
G - Slumped further below its 50 DMA line ($40.05) with today's 8th consecutive volume-driven loss raising concerns. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Five Times Average Volume Behind Breakout Gain - 8/13/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
ENV - NYSE
Envestnet Inc
FINANCIAL SERVICES - Diversified Investments  
$63.15 -0.55
-0.86%

$63.80

274,717
102.13% of 50 DAV
50 DAV is 269,000
$64.00
-1.33%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/12/2018 7:19:17 PM
Y - Perched near its all-time high, stubbornly holding its ground. Found prompt support near its 50 DMA line ($60.23) in recent weeks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Earnings News Due for Financial Firm Perched Near High - 8/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
TPL - NYSE
Texas Pacific Land Trust
Real Estate Dvlpmt/Ops  
$835.00 -7.70
-0.91%

$848.90

16,751
128.85% of 50 DAV
50 DAV is 13,000
$874.00
-4.46%
7/5/2018 $714.90 PP = $739.99
MB = $776.99
Most Recent Note - 9/11/2018 12:30:40 PM
G - Stubbornly holding its ground perched near its all-time high, extended from any sound base. The 50 DMA line ($789) and recent low ($760 on 8/15/18) define important near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Best Ever Close After a Solid Gain on Higher Volume - 9/4/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
FIZZ - NASDAQ
National Beverage Corp
FOOD and BEVERAGE - Beverages - Soft Drinks  
$124.15 +4.15
3.46%

$124.93

314,073
157.04% of 50 DAV
50 DAV is 200,000
$127.85
-2.90%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/12/2018 12:16:01 PM
Y - Rallying near prior highs with today's 3rd consecutive gain backed by above average volume. Highlighted in yellow with new pivot point cited based on its 9/11/17 high plus 10 cents in the 9/06/18 mid-day report, it challenged its high with a big gain backed by +111% above average volume, but met resistance. Subsequent gains above the pivot point for a a new high (N criteria) backed by at least +40% above average volume may trigger a proper technical buy signal. Reported Jun '17 quarterly earnings +32% on +20% sales revenues, continuing its streak of strong quarterly earnings (C criteria) results. Annual earnings (A criteria) growth has been strong after a downturn in FY '14. Small supply of only 11.2 million shares (S criteria) in the public float can contribute to greater volatility.
>>> FEATURED STOCK ARTICLE : Strong Beverage Firm Challenges Prior High - 9/6/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ODFL - NASDAQ
Old Dominion Fght Line
TRANSPORTATION - Trucking  
$166.61 -1.42
-0.85%

$168.12

525,747
89.11% of 50 DAV
50 DAV is 590,000
$170.22
-2.12%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/7/2018 6:04:46 PM
Y -Reversed into the red today after early gains into new high territory. Highlighted in yellow with new pivot point cited based on its 6/12/18 high plus 10 cents in the prior mid-day report. Gain above the pivot point backed by +80% above average volume triggered a technical buy signal. Found support near its 200 DMA line during the consolidation since last noted in the 7/26/18 mid-day report - "Reported Jun '18 quarterly earnings +67% on +23% sales revenues, its 3rd consecutive strong quarterly comparison versus the year-ago period." See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Trucking Firm Perched at All-Time High - 9/7/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
DPZ - NYSE
Dominos Pizza Inc
Retail-Restaurants  
$285.24 -1.38
-0.48%

$287.16

510,870
89.31% of 50 DAV
50 DAV is 572,000
$305.34
-6.58%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/11/2018 5:12:23 PM
Y - Still enduring mild distributional pressure after recently wedging to new 52-week highs with gains lacking volume conviction. Subsequent gains above the pivot point backed by at least +40% above average volume are still needed to clinch a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Pulling Back After Wedging Gains for Highs Lacked Great Volume - 9/5/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
FIVE - NASDAQ
Five Below Inc
Retail-DiscountandVariety  
$131.37 -2.44
-1.82%

$134.95

1,152,954
126.42% of 50 DAV
50 DAV is 912,000
$136.13
-3.50%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/7/2018 11:42:12 AM
G - Gapped up today hitting a new all-time high and getting very extended from any sound base. Bullish action came after reporting earnings +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Prior highs and its 50 DMA line ($105.50) define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched Near Record High - 8/16/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NOW - NYSE
Servicenow Inc
Computer Sftwr-Enterprse  
$202.77 +3.27
1.64%

$203.34

1,605,323
93.22% of 50 DAV
50 DAV is 1,722,000
$202.72
0.02%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/12/2018 7:35:15 PM
Y - Finished strong today as it posted a 5th consecutive gain with near average volume and hit a new 52-week high. The 8/29/18 gain above the pivot point backed by +77% above average volume clinched a new (or add-on) technical buy signal. The recent low ($174) defines the next important near-term support. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Slump Below 50-Day Average Line Raises Concerns - 8/17/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NVEE - NASDAQ
N V 5 Global Inc
Comml Svcs-Consulting  
$89.45 -1.55
-1.70%

$91.50

48,156
63.36% of 50 DAV
50 DAV is 76,000
$92.75
-3.56%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/12/2018 7:31:07 PM
G - Perched near its all-time high, extended from any sound base. Completed a new Public Offering on 8/09/18. Its 50 DMA line ($81.32) defines near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Remains Perched Near All-Time High Following Offering - 8/21/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PANW - NYSE
Palo Alto Networks
Computer Sftwr-Security  
$236.23 +2.11
0.90%

$236.98

1,205,952
97.49% of 50 DAV
50 DAV is 1,237,000
$238.25
-0.85%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/10/2018 12:29:10 PM
G - Hitting another new all-time high with today's 2nd consecutive volume-driven gain. Its 50 DMA line ($214.64) defines initial support above the prior low ($193 on 7/30/18). Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Violated 50-day Average With Volume-driven Loss - 7/31/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
QLYS - NASDAQ
Qualys Inc
Computer Sftwr-Security  
$95.35 +1.15
1.22%

$95.80

327,541
99.56% of 50 DAV
50 DAV is 329,000
$98.30
-3.00%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/12/2018 7:37:18 PM
Y - Color code is changed to yellow while consolidating above its 50 DMA line ($90.04). Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. The recent low ($82.91 on 8/15/18) defines the next important near term support to watch.
>>> FEATURED STOCK ARTICLE : Cloud Security Firm Faces Some Near Term Resistance - 9/3/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
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
ANET - NYSE
Arista Networks Inc
TELECOMMUNICATIONS - Communication Equipment  
$267.85 +0.64
0.24%

$268.21

876,653
81.47% of 50 DAV
50 DAV is 1,076,000
$313.37
-14.53%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/5/2018 5:45:29 PM
Y - Encountered distributional pressure and tested its 50 DMA line ($272) with another loss backed by above average volume. More damaging losses would raise concerns and hurt its outlook.Subsequent volume-driven gains and a strong close above the pivot point would be a reassuring sign of fresh institutional buying demand.
>>> FEATURED STOCK ARTICLE : Considerable Gap Up Gain With Heavy Volume - 8/24/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
PAYC - NYSE
Paycom Software Inc
COMPUTER SOFTWARE and SERVICES - Application Software  
$158.86 -0.14
-0.09%

$159.76

605,017
81.10% of 50 DAV
50 DAV is 746,000
$159.85
-0.62%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/5/2018 5:47:07 PM
G - Retreated from its all-time high with a big loss today on higher volume. Very extended from any sound base after rallying well above prior highs in the $118 area. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Bullish Action Followed Strong Earnings News - 8/1/2018
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GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$142.60 -4.13
-2.81%

$147.72

1,358,137
95.64% of 50 DAV
50 DAV is 1,420,000
$147.37
-3.24%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/11/2018 5:13:47 PM
Y - Posted a solid gain today with only average volume as it hit a new all-time high. Recent gains lacked great volume conviction. Gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Hovering Near Record High Following Considerable Rally - 8/2/2018
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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$94.51 -2.81
-2.89%

$97.25

1,098,871
281.76% of 50 DAV
50 DAV is 390,000
$97.94
-3.50%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/12/2018 12:23:19 PM
G - Big loss today on higher volume is indicative of distributional pressure, retreating from its all-time high after getting very extended from any sound base. Prior highs in the $82-83 area define support along with its 50 DMA line ($84.59).
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
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LOB - NASDAQ
"Live Oak Bancshares, Inc."
Banks-Southeast  
$28.50 -0.90
-3.06%

$29.30

139,519
101.32% of 50 DAV
50 DAV is 137,700
$32.95
-13.51%
5/21/2018 $29.35 PP = $30.15
MB = $31.66
Most Recent Note - 9/12/2018 7:10:24 PM
Slumped toward its 200 DMA line with higher volume (near average) behind its loss today. Its Relative Strength Rating is 72, below the 80+ minimum guideline. It will be dropped from the Featured Stocks list tonight.
>>> FEATURED STOCK ARTICLE : Recently Met Resistance at 50-Day Moving Average - 8/28/2018
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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
PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$92.40 +0.97
1.06%

$92.46

7,236,051
103.86% of 50 DAV
50 DAV is 6,967,000
$93.44
-1.11%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/12/2018 7:17:06 PM
G - Posted a 3rd consecutive gain and its color code is changed to green after rising back above its "max buy" level. Its 50 DMA line ($87.71) defines support above prior lows in the $80-81 area. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
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OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$90.85 -1.60
-1.73%

$93.00

791,184
127.00% of 50 DAV
50 DAV is 623,000
$94.70
-4.07%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/6/2018 1:19:28 PM
G - Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Extended from any sound base and perched at its all-time high after 14 consecutive gains. Prior highs in the $77 area define initial support to watch above its 50 DMA line ($75.24).
>>> FEATURED STOCK ARTICLE : Hitting New Highs With More Volume-Driven Gains - 8/22/2018
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NOVT - NASDAQ
Novanta Inc
Elec-Scientific/Msrng  
$75.05 +0.25
0.33%

$75.30

272,904
148.32% of 50 DAV
50 DAV is 184,000
$78.85
-4.82%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/12/2018 7:14:24 PM
G - Managed a "positive reversal" today. It is extended from the prior base. Its 50 DMA line ($69.94) and prior highs in the $68-69 area define support
>>> FEATURED STOCK ARTICLE : Electronic Systems Leader is Extended From Prior Base - 8/30/2018
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TEAM - NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs  
$89.58 -0.91
-1.01%

$90.92

1,045,868
80.08% of 50 DAV
50 DAV is 1,306,000
$92.26
-2.90%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/11/2018 5:15:57 PM
G - Posted a gain on light volume ending near its all-time high, very extended from any sound base. The 50 DMA line ($75.68) defines near-term support to watch on pullbacks. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Pullback Following Recent technical Breakout - 7/30/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$37.04 -0.97
-2.55%

$38.40

674,675
74.55% of 50 DAV
50 DAV is 905,000
$38.66
-4.19%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/12/2018 7:24:38 PM
G - Very extended from the latest base, it pulled back from its all-time high with a loss today on light volume. Prior highs in the $32 area define initial support to watch above its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
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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

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