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AFTER MARKET UPDATE - WEDNESDAY, SEPTEMBER 19TH, 2018
Previous After Market Report Next After Market Report >>>
Indices NYSE Nasdaq
DOW  +158.80 26,405.76 +0.61% Volume 826,877,800 +17% Volume 2,150,662,940 -7%
NASDAQ -6.07 7,950.04 -0.08% Advancers 1,303 44% Advancers 1,378 46%
S&P 500 +3.64 2,907.95 +0.13% Decliners 1,647 56% Decliners 1,617 54%
Russell 2000 -8.04 1,702.93 -0.47% 52 Wk Highs 74   52 Wk Highs 73  
S&P 600 -7.70 1,070.30 -0.71% 52 Wk Lows 99   52 Wk Lows 58  

Dow Perched Near Record as Major Indices Ended Mixed

Stocks finished mixed Wednesday. The Dow advanced 158 points to 26405 while the S&P 500 added 3 points to 2907. The Nasdaq Composite lost 6 points to 7950. The volume totals reported were mixed, higher on the NYSE and lighter on the Nasdaq exchange versus the prior session's totals. Breadth was negative as decliners led advancers by a 7-6 margin on the NYSE and 8-7 on the Nasdaq exchange. There were 33 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 38 on the prior session. New 52-week lows totals outnumbered new 52-week highs on the NYSE while new highs outnumbered new lows 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 Nasdaq Composite Index is consolidating above its 50-day moving average (DMA) line, perched near its record high.

The Dow and S&P 500 extended gains as investors overlooked trade concerns. On the data front, housing starts jumped 9.2% to a three-month high in August. Meanwhile, building permits unexpectedly declined 5.7%, to the largest drop since February 2017. Separately, mortgage applications rose 1.6% in the most recent week despite the average borrowing rate climbing to a seven-year high. Finally, the second quarter current account deficit for the U.S. tightened to $101.5 billion.

Seven of 11 S&P 500 sectors ended the session in negative territory. The Utilities sector, which is often viewed as bond proxy, was down the most in sympathy with rising Treasury yields. Technology stocks were also notable decliners with Microsoft (MSFT -1.39%) and Advanced Micro Devices (AMD -2.25%) both falling. Meanwhile, Financials outperformed with shares of Goldman Sachs (GS +2.92%) up. The Materials sector also posted gains as Praxair (PX +3.92%) up following reports the company is close in obtaining U.S. approval for its merger with German gas company Linde.

Treasuries weakened with the yield on the benchmark 10-year note gaining two basis points to 3.07%. In commodities, WTI crude was up 1.9% to $71.21/barrel. COMEX gold added 0.4% to $1203.80/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.


Financial and Commodity-Linked Groups Led Gainers

The Broker/Dealer Index ($XBD +1.47%) and the Bank Index ($BKX +1.95%) both posted solid gains on Wednesday while the Retail Index ($RLX -0.15%) finished slightly in the red. The Oil Services Index ($OSX +1.88%) and Gold & Silver Index ($XAU +1.97%) both posted solid gains while the Integrated Oil Index ($XOI -0.50%) edged lowerThe tech sector was fairly quiet as the Biotech Index ($BTK -0.01%) finished flat, the Semiconductor Index ($SOX +0.21%) inched higher, and the Networking Index ($NWX -0.23%) ended with a small loss.

Charts courtesy of www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI -0.50%) stayed above its 200-day moving average (DMA) line and rebounded above its 50 DMA line.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  143.82 +2.65 +1.88% -3.83%
Integrated Oil $XOI  1,509.86 -7.55 -0.50% +13.05%
Semiconductor $SOX  1,371.68 +2.81 +0.21% +9.47%
Networking $NWX  566.48 -1.29 -0.23% +15.48%
Broker/Dealer $XBD  274.61 +3.98 +1.47% +3.53%
Retail $RLX  2,397.06 -3.67 -0.15% +38.26%
Gold & Silver $XAU  66.69 +1.29 +1.97% -21.79%
Bank $BKX  109.22 +2.09 +1.95% +2.35%
Biotech $BTK  5,131.07 -0.45 -0.01% +21.53%


Wedged Higher Then Fell Below Pivot Point With Heavier Volume

Grubhub Inc (GRUB -$7.04 or -4.90% to $136.56) undercut the latest pivot point today as it pulled back with heavier volume while retreating from its all-time high. Recent gains lacked great volume conviction. Members were repeatedly reminded - "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."

Bullish action came after GRUB reported earnings +92% on +51% sales revenues for the Jun '18 quarter. It was last shown in this FSU section on 8/02/18 with an annotated graph under the headline, "Hovering Near Record High Following Considerable Rally". The high-ranked Internet - Content firm traded up as much as +237.7% since first highlighted in yellow with pivot point cited based on its 9/29/16 high plus 10 cents in the 4/28/17 mid-day report (read here).

Its annual earnings (A criteria) history has been very strong since it completed a new Public Offering on 9/03/14. GRUB has earned a current Timeliness rating of A and a Sponsorship rating of B, and its Accumulation/Distribution rating is C+. The number of top-rated funds owning its shares rose from 376 in Mar '17 to 589 in Jun '18, a reassuring sign concerning the I criteria. The current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. It has a fairly small supply of only 90.5 million shares (S criteria) outstanding, which can contribute to greater price volatility in the event of institutional buying or selling.

Charts used courtesy of www.stockcharts.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  
$15.25 +0.10
0.66%

$15.35

146,523
189.55% of 50 DAV
50 DAV is 77,300
$16.30
-6.44%
5/21/2018 $15.50 PP = $15.10
MB = $15.86
Most Recent Note - 9/19/2018 12:40:14 PM
G - Edged below its 50 DMA line ($15.24) with a loss on higher volume on the prior session raising concerns. The prior low ($14) and 200 DMA line define additional near-term support. Its Relative Strength Rating is 72, below the 80+ 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  
$319.22 +2.50
0.79%

$322.49

466,678
116.09% of 50 DAV
50 DAV is 402,000
$333.74
-4.35%
8/6/2018 $314.77 PP = $329.75
MB = $346.24
Most Recent Note - 9/18/2018 5:59:10 PM
Y - Sputtering near its 50 DMA line ($317) but further deterioration would raise more serious concerns. Met stubborn 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  
$172.70 -3.56
-2.02%

$177.53

285,478
77.37% of 50 DAV
50 DAV is 369,000
$179.47
-3.77%
8/7/2018 $164.26 PP = $161.82
MB = $169.91
Most Recent Note - 9/17/2018 6:02:50 PM
G - Loss today on lighter volume broke a streak of 6 consecutive gains into new high territory. Prior high in the $161 area defines initial support above its 50 DMA line ($158) 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  
$139.06 -1.20
-0.86%

$140.79

234,722
49.73% of 50 DAV
50 DAV is 472,000
$144.19
-3.56%
7/5/2018 $123.70 PP = $131.85
MB = $138.44
Most Recent Note - 9/14/2018 3:34:24 PM
G - Color code is changed to green while wedging above its "max buy" level with a streak of small gains backed by light volume. Prior highs in the $137 area define near term support along with its 50 DMA line ($134.63). 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  
$113.14 -1.12
-0.98%

$114.68

711,103
74.31% of 50 DAV
50 DAV is 957,000
$118.75
-4.72%
8/29/2018 $112.07 PP = $109.88
MB = $115.37
Most Recent Note - 9/18/2018 3:24:44 PM
Y - Rebounding back above its pivot point with this week's gains. Very little resistance remains due to overhead supply.
>>> 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  
$28.25 -0.15
-0.53%

$28.50

163,969
103.13% of 50 DAV
50 DAV is 159,000
$30.10
-6.15%
9/11/2018 $29.75 PP = $30.20
MB = $31.71
Most Recent Note - 9/18/2018 6:01:12 PM
G - Sputtering after violating its 50 DMA line with volume-driven losses last week. A rebound above the 50 DMA line ($28.87) is needed for its outlook to improve.
>>> 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  
$219.93 -1.08
-0.49%

$221.20

253,096
43.86% of 50 DAV
50 DAV is 577,000
$225.92
-2.65%
9/12/2018 $221.01 PP = $226.02
MB = $237.32
Most Recent Note - 9/18/2018 5:57:48 PM
Y - Volume totals have been cooling while consolidating above its 50 DMA line ($217.74). New pivot point cited was 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  
$218.19 -1.86
-0.85%

$221.41

2,878,776
92.65% of 50 DAV
50 DAV is 3,107,000
$220.96
-1.25%
7/11/2018 $203.84 PP = $204.10
MB = $214.31
Most Recent Note - 9/18/2018 3:22:21 PM
G - Color code is changed to green while rising above its "max buy" level and quietly hitting another new all-time high with today's gain on light volume. Its 50 DMA line ($207.55) 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  
$147.42 -0.21
-0.14%

$148.82

7,349,585
100.20% of 50 DAV
50 DAV is 7,335,000
$148.37
-0.64%
4/26/2018 $126.68 PP = $126.98
MB = $133.33
Most Recent Note - 9/18/2018 6:01:46 PM
G - Very extended from any sound base. Its 50 DMA line ($141) and recent low ($135.31 on 7/30/18) define important near-term support to watch on pullbacks. Fundamentals remain strong.
>>> FEATURED STOCK ARTICLE : Visa Near Record but Endured Distributional Pressure - 9/13/2018
 |  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  
$35.76 -0.13
-0.36%

$36.00

206,377
49.37% of 50 DAV
50 DAV is 418,000
$48.26
-25.90%
8/13/2018 $44.17 PP = $44.27
MB = $46.48
Most Recent Note - 9/18/2018 3:15:11 PM
G - Today's loss has it slumping further below its 50 DMA line ($40) adding to recent volume-driven losses 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  
$61.40 -0.80
-1.29%

$62.20

151,225
55.80% of 50 DAV
50 DAV is 271,000
$64.80
-5.25%
6/15/2018 $57.85 PP = $60.37
MB = $63.39
Most Recent Note - 9/18/2018 5:56:17 PM
Y - Hovering near its all-time high, stubbornly holding its ground. Found prompt support near its 50 DMA line ($60.62) 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  
$836.00 +3.81
0.46%

$839.49

5,415
41.65% of 50 DAV
50 DAV is 13,000
$874.00
-4.35%
9/14/2018 $820.45 PP = $874.10
MB = $917.81
Most Recent Note - 9/18/2018 12:49:26 PM
Y - New pivot point cited was based on its 8/27/18 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The 50 DMA line ($802) 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  
$114.11 -0.36
-0.31%

$115.59

124,677
64.00% of 50 DAV
50 DAV is 194,800
$127.32
-10.38%
9/6/2018 $125.92 PP = $129.92
MB = $136.42
Most Recent Note - 9/18/2018 3:17:36 PM
Y - Met resistance near its old high and it has been slumping near its 50 DMA line ($112). 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. Fundamentals through Jun '18 have been strong.
>>> 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  
$161.16 -1.69
-1.04%

$164.02

725,975
123.05% of 50 DAV
50 DAV is 590,000
$170.22
-5.32%
9/6/2018 $163.11 PP = $164.20
MB = $172.41
Most Recent Note - 9/14/2018 3:40:25 PM
Y - Volume totals have been cooling while stubbornly holding its ground. Prior highs in the $164 area define initial support to watch after aain above the pivot point on 9/06/18 backed by +80% above average volume triggered a technical buy signal.
>>> 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  
$279.47 -2.34
-0.83%

$281.99

463,125
79.57% of 50 DAV
50 DAV is 582,000
$305.34
-8.47%
8/13/2018 $288.60 PP = $293.91
MB = $308.61
Most Recent Note - 9/18/2018 3:19:48 PM
Y - Color code is changed to yellow as a rebound above the 50 DMA line ($282.87) with today's gain helped its outlook to improve.
>>> 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  
$126.44 -3.81
-2.93%

$131.38

913,990
96.72% of 50 DAV
50 DAV is 945,000
$136.13
-7.12%
7/6/2018 $98.90 PP = $104.09
MB = $109.29
Most Recent Note - 9/19/2018 5:37:43 PM
G - Pulling back after getting very extended from any sound base. Earnings rose +40% on +23% sales revenues for the Jul '18 quarter, continuing its strong earnings track record. Its 50 DMA line ($110.51) and prior high ($109.09 on 7/19/18) define important near-term support to watch.
>>> 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  
$186.00 -5.88
-3.06%

$192.61

3,921,561
222.18% of 50 DAV
50 DAV is 1,765,000
$206.30
-9.84%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 9/19/2018 12:37:56 PM
G - Violated its 50 DMA line ($189.45) with today's 4th consecutive loss backed by above average volume triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA line would help its outlook improve. Recent low ($174.35 on 7/31/18) defines important near-term support above its 200 DMA line. 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  
$90.15 -0.10
-0.11%

$91.75

61,002
80.27% of 50 DAV
50 DAV is 76,000
$92.75
-2.80%
6/15/2018 $7,070.00 PP = $72.00
MB = $75.60
Most Recent Note - 9/18/2018 3:26:22 PM
G - Volume totals have been cooling while stubbornly holding its ground perched near its all-time high. Completed a new Public Offering on 8/09/18. Its 50 DMA line ($82.67) 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  
$229.02 -5.03
-2.15%

$234.90

977,387
78.07% of 50 DAV
50 DAV is 1,252,000
$239.50
-4.38%
6/12/2018 $206.55 PP = $214.69
MB = $225.42
Most Recent Note - 9/19/2018 5:41:08 PM
G - Pulling back from its all-time high with losses on lighter than average volume. Extended from any sound base. Its 50 DMA line ($218.11) and prior high ($219.38 on 7/13/18) define important near term support to watch. Reported +39% earnings on +29% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High With Volume Totals Cooling - 9/17/2018
 |  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  
$87.95 -3.00
-3.30%

$91.75

276,042
83.15% of 50 DAV
50 DAV is 332,000
$98.30
-10.53%
8/31/2018 $91.05 PP = $98.40
MB = $103.32
Most Recent Note - 9/19/2018 5:43:31 PM
G - Undercut its 50 DMA line ($90.38) raising concerns and its color code is changed to green. The recent low ($82.91 on 8/15/18) defines the next important near term support to watch. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent volume-driven gains above the pivot point are needed to trigger a technical buy signal.
>>> 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  
$270.20 +3.04
1.14%

$271.38

846,255
76.20% of 50 DAV
50 DAV is 1,110,500
$313.37
-13.78%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 9/18/2018 6:03:57 PM
G - Found support at its 200 DMA line ($263) and volume totals have been cooling, but more damaging losses would raise serious concerns. Its Relative Strength Rating has slumped to 76. Subsequent gains above its 50 DMA line ($273) are needed for its outlook to improve.
>>> 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  
$153.63 -4.06
-2.57%

$158.52

783,270
103.74% of 50 DAV
50 DAV is 755,000
$164.08
-6.37%
8/1/2018 $122.87 PP = $118.55
MB = $124.48
Most Recent Note - 9/18/2018 5:53:08 PM
G - Perched near its all-time high, very extended from any sound base. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Very Extended From Base After Impressive Rally - 9/18/2018
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
GRUB - NYSE
Grubhub Inc
INTERNET - Content  
$136.56 -7.04
-4.90%

$144.67

1,925,218
137.61% of 50 DAV
50 DAV is 1,399,000
$149.35
-8.56%
8/24/2018 $138.44 PP = $141.16
MB = $148.22
Most Recent Note - 9/19/2018 5:35:11 PM
Y - Pulled back today with heavier volume indicative of distributional pressure. 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. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Wedged Higher Then Fell Below Pivot Point With Heavier Volume - 9/19/2018
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HQY - NASDAQ
Healthequity Inc
COMPUTER SOFTWARE and SERVICES - Healthcare Information Service  
$92.36 -0.10
-0.11%

$93.93

634,619
97.04% of 50 DAV
50 DAV is 654,000
$99.99
-7.63%
8/13/2018 $82.39 PP = $83.44
MB = $87.61
Most Recent Note - 9/17/2018 4:49:55 PM
G - Pulled back today with near average volume. Extended from any sound base, its 50 DMA line ($85.60) and prior highs in the $82-83 area define support to watch.
>>> FEATURED STOCK ARTICLE : Very Extended From Any Sound Base After Streak of Gains - 9/10/2018
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PYPL - NASDAQ
Paypal Holdings Inc
Finance-CrdtCard/PmtPr  
$89.31 -0.41
-0.46%

$90.74

5,363,319
73.76% of 50 DAV
50 DAV is 7,271,000
$93.70
-4.69%
7/23/2018 $89.24 PP = $87.55
MB = $91.93
Most Recent Note - 9/17/2018 5:58:21 PM
Y - Posted a 3rd consecutive loss with above average volume and its color code is changed to yellow after falling back below its "max buy" level. Its 50 DMA line ($88.07) defines support above prior lows in the $80-81 area.
>>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Near High - 9/12/2018
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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
OLLI - NASDAQ
Ollie's Bargain Outlet
Retail-DiscountandVariety  
$92.80 -0.20
-0.22%

$93.63

485,029
78.87% of 50 DAV
50 DAV is 615,000
$94.70
-2.01%
7/12/2018 $74.43 PP = $77.60
MB = $81.48
Most Recent Note - 9/14/2018 3:42:06 PM
G - Perched at its all-time high, extended from any sound base. Prior highs in the $77 area define support along with its 50 DMA line ($77.57). Reported earnings +48% on +13% sales revenues for the Jul '18 quarter, continuing its strong earnings track record.
>>> 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  
$72.60 -0.80
-1.09%

$74.10

310,908
160.26% of 50 DAV
50 DAV is 194,000
$78.85
-7.93%
7/12/2018 $65.90 PP = $68.10
MB = $71.51
Most Recent Note - 9/17/2018 5:59:42 PM
G - Consolidating well above its 50 DMA line ($70.55) and prior highs in the $68-69 area defining important near-term support to watch.
>>> 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  
$89.93 -2.47
-2.67%

$92.95

1,497,480
110.11% of 50 DAV
50 DAV is 1,360,000
$95.00
-5.34%
7/27/2018 $73.73 PP = $68.85
MB = $72.29
Most Recent Note - 9/17/2018 4:51:09 PM
G - Pulled back from its all-time high today with average volume. Extended from any sound base. The 50 DMA line ($77.95) defines near-term support to watch on pullbacks. Fundamentals through Jun '18 have been strong.
>>> FEATURED STOCK ARTICLE : Extended From Base and Hitting Another New High - 9/14/2018
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SEND - NYSE
Sendgrid Inc
INTERNET - Content  
$35.87 -0.98
-2.66%

$37.22

621,800
67.00% of 50 DAV
50 DAV is 928,000
$38.66
-7.22%
8/13/2018 $32.20 PP = $32.13
MB = $33.74
Most Recent Note - 9/18/2018 3:20:32 PM
G - Extended from the latest base and perched near its all-time high. Prior highs in the $32 area define initial support to watch above its 50 DMA line ($31.29).
>>> FEATURED STOCK ARTICLE : Strength Returned After Finding Support Near Prior Lows - 8/14/2018
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