The major averages ended lower on Monday's session. The Dow Jones Industrial Average lost 107 points to 17,172. The S&P 500 fell 16 points to 1,994. The NASDAQ declined 52 points to 4,527. Volume totals were reported lower than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by a 5-1 margin on the NYSE and by a 4-1 margin on the NASDAQ exchange. Leadership contracted as there were 7 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from the prior session total of 60 stocks. New 52-week lows outnumbered new highs on the NYSE and on the Nasdaq exchange. There were losses for 10 of the 11 high-ranked companies currently included on the Featured Stocks Page. The broader market (M criteria) overcame recent distributional pressure while leadership (stocks hitting new 52-week highs) remained healthy. Remember that disciplined investors buy stocks with superior fundamentals only after they have triggered a proper technical buy signal.

 

PICTURED: The Nasdaq Composite Index pulled back for a 2nd consecutive loss, retreating toward its 50-day moving average (DMA) line and multi-month upward trendline.

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.

The Gold & Silver Index ($XAU -2.86%) was a standout decliner and energy-related shares fell dragging the Oil Services Index ($OSX -1.60%) and the Integrated Oil Index ($XOI -1.55%) lower. The Retail Index ($RLX -1.42%) was a negative influence on the major averages and financial shares fell as the Broker/Dealer Index ($XBD -0.78%) and the Bank Index ($BKX -0.73%) backpedaled.  The Networking Index ($NWX -1.66%), Semiconductor Index ($SOX -1.26%), and the Biotechnology Index ($BTK -0.69%) were unanimously lower.

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX -0.73%) pulled back for a 2nd consecutive session after briefly topping prior highs.

There are few stocks currently included on the Featured Stocks list and none of the companies need additional review in detail with annotated graphs. At times like these we have an opportunity to look back and review previously featured stocks which were dropped. This can serve as an educational review of the investment system's tactics and a reminder that even high-ranked leaders eventually fall out of favor. If you wish to request for a specific stock to receive more detailed coverage in this section please use the inquiry form to submit your request. Thank you!

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	$235.62	-6.19 -2.56%	$240.26	2,590,277 122.36% of 50 DAV 50 DAV is 2,117,000	$245.50 -4.02%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 9/19/2014 5:44:29 PM Y - Gain today for a new 52-week high backed by +77% above average volume confirmed a technical buy signal. Prior highs near $230 define near-term support to watch on pullbacks. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Finally Volume-backed Gains Confirmed a Technical Buy Signal - 9/19/2014 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
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$77.37	-6.31 -7.54%	$83.29	1,862,082 109.15% of 50 DAV 50 DAV is 1,706,000	$98.28 -21.28%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 9/22/2014 12:09:11 PM G - Undercutting prior lows and slumping toward its 50 DMA line with higher volume behind today's loss. 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 : Volume Totals Recently Cooling After Halting Slide - 9/18/2014 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
FB - NASDAQ Facebook Inc Cl A INTERNET	$76.80	-1.11 -1.42%	$77.53	31,908,338 88.11% of 50 DAV 50 DAV is 36,215,000	$78.36 -1.99%	9/9/2014	$76.67	PP = $76.84
								MB = $80.68
Most Recent Note - 9/19/2014 5:50:11 PM Y - Rallied with 2 times average volume for its second best close today. The volume-driven gain helped confirm a new (or add-on) technical buy signal. Found support at its 50 DMA line ($73.77) this week after a light bout of distributional pressure. >>> FEATURED STOCK ARTICLE : Wedging Gains Not Indicative of Institutional Conviction - 9/9/2014 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
NVGS - NYSE Navigator Holdings Ltd Transportation-Ship	$31.50	+0.01 0.03%	$31.85	661,590 291.45% of 50 DAV 50 DAV is 227,000	$31.90 -1.25%	9/16/2014	$30.33	PP = $30.56
								MB = $32.09
Most Recent Note - 9/22/2014 12:28:27 PM Y - Still holding its ground near its 52-week high (N criteria) after volume-driven gains triggered a technical buy signal. Prior highs near $30 define initial support to watch on pullbacks. Disciplined investors do not chase stocks more than +5% above their pivot point, and they always limit losses by selling if any stock falls more than -7% from their purchase price. >>> FEATURED STOCK ARTICLE : Finished Strong While Challenging Pivot Point and Recent Highs - 9/16/2014 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$70.80	-1.19 -1.65%	$72.55	3,147,913 94.00% of 50 DAV 50 DAV is 3,349,000	$73.82 -4.09%	8/29/2014	$68.50	PP = $67.89
								MB = $71.28
Most Recent Note - 9/18/2014 12:57:39 PM G - Color code is changed to green while challenging its 52-week high and rallying above its "max buy" level. No overhead supply remains to act as resistance. Prior highs in the $67 area define initial support to watch on pullbacks. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Consolidating Above Pivot Point and Below "Max Buy" Level - 9/17/2014 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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$97.93	-1.35 -1.36%	$101.21	2,318,736 141.30% of 50 DAV 50 DAV is 1,641,000	$102.45 -4.41%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 9/22/2014 12:29:41 PM G - Extended from any sound base after recent volume-driven gains. Prior highs in the $87 area define initial support to watch above its 50 DMA line ($85.83). Disciplined investors avoid chasing extended stocks. >>> FEATURED STOCK ARTICLE : Pulling Back Following New Technical Breakout - 9/4/2014 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	$83.94	-3.31 -3.79%	$87.24	42,524 193.29% of 50 DAV 50 DAV is 22,000	$89.87 -6.60%	9/19/2014	$86.06	PP = $89.97
								MB = $94.47
Most Recent Note - 9/22/2014 5:41:57 PM Y - Pulled back with above average volume today. Formed an advanced "3-weeks tight" base while holding its ground stubbornly. Subsequent volume-driven gains above the new pivot point cited may trigger a new (or add-on) technical buy signal. Prior highs in the $74-77 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Extended From Prior Highs and Previously Noted Base - 9/10/2014 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	$157.79	-1.42 -0.89%	$162.29	180,780 210.21% of 50 DAV 50 DAV is 86,000	$165.30 -4.54%	7/30/2014	$144.24	PP = $149.99
								MB = $157.49
Most Recent Note - 9/22/2014 12:39:37 PM G - Consolidating above its 50 DMA line and -5.3% off its 52-week high, enduring more distributional pressure today. Repeatedly noted with caution - "Recently reported earnings for the Jun '14 quarter below the +25% minimum earnings guideline (C criteria) raising fundamental concerns." >>> 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	$48.42	-1.88 -3.74%	$50.14	3,814,179 150.28% of 50 DAV 50 DAV is 2,538,000	$50.77 -4.64%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 9/22/2014 5:44:01 PM G - Pulled back today with above average volume following 4 consecutive volume-driven gains. It has not formed a sound base. Prior highs near $46-47 define near-term support above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line - 9/12/2014 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
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$66.47	-1.94 -2.84%	$68.43	3,251,399 137.02% of 50 DAV 50 DAV is 2,373,000	$73.42 -9.47%	7/10/2014	$58.50	PP = $60.79
								MB = $63.83
Most Recent Note - 9/22/2014 5:47:30 PM G - Violated its 50 DMA line with today's 2nd consecutive loss with above average volume triggering a technical sell signal. Only a prompt rebound would help its outlook improve. Prior notes cautioned members - "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)." >>> FEATURED STOCK ARTICLE : Higher Volume Behind Loss Testing 50-Day Moving Average - 9/15/2014 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
WLK - NYSE Westlake Chemical Corp CHEMICALS - Specialty Chemicals	$93.18	-2.11 -2.21%	$95.21	485,998 96.43% of 50 DAV 50 DAV is 504,000	$98.44 -5.34%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 9/16/2014 8:17:56 PM G - Churned higher volume today while consolidating above prior highs in the $92 area defining support above its 50 DMA line. Subsequent violations would raise greater concerns and trigger technical sell signals. Technical strength has continued despite recent fundamental concerns. >>> FEATURED STOCK ARTICLE : Consolidating Above Near-Term Support Levels - 9/11/2014 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