Stocks were sharply higher after government leaders in Germany and France said they would develop a plan to recapitalize banks by the end of the month. The euro strengthened against the dollar, boosting shares of U.S. companies with overseas operations. It was not the only sharp currency move. China's currency rallied the most against the dollar since 2005 as the two countries worked to avoid a trade war.

Energy stocks are among the leaders as the price of oil climbed to a two-week high. A merger also gave an extra boost to oilfield service companies. Complete Production Services Inc (CPX +39.45%) posted a big gain after Superior Energy Services Inc (SPN -13.79%) said it would buy the company for $2.6 billion. Apple Inc (AAPL +5.14%) jumped after receiving more than one million pre-orders for the new iPhone 4S in a single day. Netflix Inc (NFLX +4.77%) rose after retreating from a decision to split its mail-order DVD service from its Internet streaming.

A heavy wave of distributional action pushed the benchmark S&P 500 Index beyond the -20% Bear Market threshold at last week's lows. The market environment (M criteria) is still uncertain and disciplined investors are now watching for a follow-through day (FTD) of solid gains on higher volume from at least one of the major averages coupled with an expansion in the number of stocks hitting new highs. A convincing FTD could confirm a new rally and signal that odds have again turned more favorable for investors to begin making new buying efforts.  Historic studies suggest that it is most ideal for a FTD to come between Day 4-7 of a new rally attempt. Tuesday's session will mark Day 6 of the current rally attempt.

The Q3 2011 Webcast (aired on September 28th) is now available "ON DEMAND" - (CLICK HERE) It provides an informative review of current market conditions, leading groups, and best buy candidates.  All upgraded members are eligible to access the webcast presentation at no additional cost!  Via the Premium Member Homepage links to all prior reports and webcasts are always available.

PICTURED: The S&P 500 Index hit a 13-month low last week. Since then, the index has rebounded +8.7%, and Monday's light volume gain helped it rise above its 50-day moving average (DMA) line for the first time since July.

Charts courtesy www.stockcharts.com

PICTURED: The Internet Index ($IIX +3.07%) climbed above its 50-day moving average (DMA) line today.  Its recent highs define near-term chart resistance at a level that was an old support level back in June.

Visa was featured in yellow in the 9/20/11 mid-day report with a pivot point based on its 7/07/11 high plus 10 cents. That day's considerable closing gain for a new all-time high was ultimately backed by volume +54% above average. That technically triggered a buy signal by clearing an 11-week base during which it found impressive support near its longer-term 200 DMA line. Its quarterly and annual earnings history has been strong enough to satisfy the C and A criteria. The number of top-rated funds owning its shares rose from 1,878 in Dec '10 to 2,057 in Jun '11, a reassuring sign concerning the I criteria, however it is already well known by the institutional crowd. Leadership shown by at least one other well-known firm in the Finance - Credit Card Payment Processing firm (L criteria) has been a reassuring sign. 

Disciplined investors always limit losses by selling if ever any stock falls -7% from their purchase price. Otherwise, if leaving the risk un-contained, the damage can become more severe and undisciplined investors must be prepared to suffer the painful consequences. Keep in mind that the M criteria tells us that typically 3 out of 4 stocks move in the same direction of the major averages, and until the new rally attempt produces a reassuring follow-through day of the outlook is questionable, hurting investors chances for landing great 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
AAPL - NASDAQ Apple Inc COMPUTER HARDWARE - Personal Computers	$388.81	+19.01 5.14%	$388.81	15,732,406 67.17% of 50 DAV 50 DAV is 23,421,200	$422.86 -8.05%	9/16/2011	$399.14	PP = $404.60
								MB = $424.83
Most Recent Note - 10/10/2011 4:07:12 PM G - Gain today with light volume helped it rebound above its 50 DMA line, helping its outlook. Damaging losses triggered a technical sell signal and it tested support at its longer-term 200 DMA line last week. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 10/6/2011. 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
ALXN - NASDAQ Alexion Pharmaceuticals DRUGS - Drug Manufacturers - Other	$67.88	+2.70 4.14%	$68.16	966,659 57.24% of 50 DAV 50 DAV is 1,688,900	$68.50 -0.91%	9/15/2011	$63.20	PP = $60.81
								MB = $63.85
Most Recent Note - 10/10/2011 4:08:33 PM G - Gain today with light volume led to the best-ever close for this high-ranked Medical - Biomed/Biotech group leader. Support to watch includes prior resistance in the $59-60 area and its upwardly tilted 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 10/5/2011. 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
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$65.53	+2.58 4.10%	$66.98	5,013,708 113.59% of 50 DAV 50 DAV is 4,414,000	$65.86 -0.50%	9/16/2011	$61.21	PP = $62.59
								MB = $65.72
Most Recent Note - 10/10/2011 4:10:57 PM G - Finished in the lower half of its intra-day range after a gap up and rally to a new 52-week high. Color code was changed to green after getting extended from its prior base. >>> The latest Featured Stock Update with an annotated graph appeared on 10/4/2011. 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	$19.46	-0.14 -0.71%	$20.69	441,417 200.28% of 50 DAV 50 DAV is 220,400	$21.18 -8.12%	8/10/2011	$17.89	PP = $17.58
								MB = $18.46
Most Recent Note - 10/10/2011 4:13:04 PM G - Gapped up today but late-afternoon pressure led to a negative reversal for a loss with volume nearly 2 times average. It recently tried to rise without great volume conviction from a 5-week consolidation that may be considered a "base-on-base" type pattern, however no new pivot point was cited. Additionally, the M criteria argues against new (or add-on) buying efforts in otherwise worthy buy candidates until the nascent new rally effort is confirmed by a solid follow-through day. >>> The latest Featured Stock Update with an annotated graph appeared on 9/30/2011. 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
V - NYSE Visa Inc Cl A DIVERSIFIED SERVICES - Business/Management Services	$89.25	+3.00 3.48%	$89.29	3,330,494 52.76% of 50 DAV 50 DAV is 6,312,000	$94.75 -5.80%	9/20/2011	$93.91	PP = $90.93
								MB = $95.48
Most Recent Note - 10/10/2011 4:38:46 PM G - Rebounding above its 50 DMA line which recently began sloping downward. See the latest FSU analysis for more details and a new annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 10/10/2011. 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