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AFTER MARKET UPDATE - MONDAY, OCTOBER 21ST, 2013
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Indices NYSE Nasdaq
DOW  -7.45 15,392.20 -0.05% Volume 677,681,870 -24% Volume 1,695,435,480 -9%
NASDAQ +5.77 3,920.05 +0.15% Advancers 1,458 47% Advancers 1,233 47%
S&P 500 +0.16 1,744.66 +0.01% Decliners 1,523 49% Decliners 1,324 50%
Russell 2000 -2.29 1,112.48 -0.21% 52 Wk Highs 346   52 Wk Highs 360  
S&P 600 -0.81 631.93 -0.13% 52 Wk Lows 12   52 Wk Lows 16  

Major Averages End Mixed and Little Changed With Lighter Volume Totals

The major averages ended the session mixed and little changed as investors digested the latest earnings releases. Monday's volume totals were reported lighter on the NYSE and on the Nasdaq exchange versus the prior session's volume totals. Breadth was nearly even but decliners edged out advancers by narrow margin on the NYSE and on the Nasdaq exchange.  There were 139 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, versus the 171 stocks on the prior session. The list of stocks hitting new 52-week highs easily outnumbered new lows on the NYSE and on the Nasdaq exchange. There were gains for 12 of the 26 high-ranked companies currently included on the Featured Stocks Page, a list that has recently been expanding. 

 

McDonald's Corp (MCD -0.68%) declined after sales missed analyst projections. Halliburton Co (HAL -3.45%) fell as revenues fell short of forecasts. Toymaker Hasbro (HAS +5.25%) and apparel maker VF Corp (VFC +3.39%) rallied after both companies posted quarterly profits above consensus estimates. Health care was the worst performing group as Amgen Inc (AMGN -1.11%) slumped. Homebuilding stocks were lower on the session including shares of D.R. Horton Inc (DHI -1.84%) after a report showed existing home sales declined -1.9% in September. Telecom and technology were the best performing sectors. AT&T Inc (T +1.76%) rose after announcing a deal to sell or lease its wireless towers to Crown Castle for more than $4.8 billion.

Treasuries were lower with the 10-year note down 5/32 to yield 2.60%.

The market (M criteria) has established a confirmed uptrend. Disciplined investors might watch for opportunities to make proper new buying efforts. The CANSLIM.net Featured Stocks Page shows the most action-worthy candidates and their latest notes and a new 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. Watch for an announcement via email concerning the next WEBCAST.

PICTURED: The Nasdaq Composite Index is up +29.6% year-to-date.


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.


Retail, Tech, and Gold & Silver Indexes Rose

The Retail Index ($RLX +0.42%) posted a modest gain and the Gold & Silver Index ($XAU +1.94%) was a leading gainer on Monday. However, the major averages had a hard time making headway due to weakness elsewhere as the Broker/Dealer Index ($XBD -0.46%) suffered a modest loss. The Bank Index ($BKX +0.09%) finished flat.  The tech sector saw small gains from the Internet Index ($IIX +0.28%), Semiconductor Index ($SOX +0.32%), and the Networking Index ($NWX +0.66%), meanwhile the Biotechnology Index ($BTK -1.70%) and the Healthcare Index ($HMO -1.57%) both fell. Energy-related shares also had a slightly negative bias as the Oil Services Index ($OSX -0.50%) and the Integrated Oil Index ($XOI -0.14%) lost ground.

Charts courtesy www.stockcharts.com

PICTURED: The Healthcare Index ($HMO -1.57%) slumped further after violating its 50-day moving average (DMA) line with a damaging loss last week.


Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  286.94 -1.43 -0.50% +30.33%
Healthcare $HMO  3,442.83 -54.86 -1.57% +36.94%
Integrated Oil $XOI  1,456.44 -2.11 -0.14% +17.28%
Semiconductor $SOX  508.04 +1.60 +0.32% +32.28%
Networking $NWX  304.52 +2.00 +0.66% +34.41%
Internet $IIX  432.65 +1.23 +0.28% +32.31%
Broker/Dealer $XBD  141.37 -0.66 -0.46% +49.87%
Retail $RLX  865.91 +3.65 +0.42% +32.59%
Gold & Silver $XAU  93.96 +1.79 +1.94% -43.26%
Bank $BKX  65.46 +0.06 +0.09% +27.65%
Biotech $BTK  2,124.47 -36.66 -1.70% +37.33%


Valid Secondary Buy Point After Resilient at 10-Week Moving Average

A V G Technologies N.V. (AVG -$0.21 or -0.86% to $24.20) pulled back for a 2nd consecutive session. It has been "wedging" higher without great volume conviction behind recent gains and it finished Monday's session -8.9% off its 52-week high. It showed resilience and found prompt support after a damaging violation of prior highs in the $23 area and its 50-day moving average (DMA) line triggered technical sell signals. The deep pullback likely prompted disciplined investors to protect against more serious harm if they follow the investment system's rules and always sell any stock that falls more than -7% from their purchase price.

It had been highlighted in yellow with pivot point based on its 8/06/13 high plus 10 cents in the 9/13/13 mid-day report (read here).  There was heavy volume behind its breakout and subsequent gains immediately after last shown in this FSU section on 9/13/13 with an annotated daily graph under the headline, "Rallying Near Pivot Point With Greater Volume Conviction". 

The annotated weekly graph shows how the high-ranked Computer Software -  security firm avoided finishing any week below its 10-week moving average (WMA) line. In the Certification they teach that if you miss an initial breakout from a sound base pattern, a secondary buy point exists between a stock's first successful test of its 10 WMA up to +5% above its latest highs. In this case, one may consider a valid secondary entry point anywhere up to +5% above the $26.56 high hit on 9/20/13. Remember, any stock which has been sold can be bought again if strength returns and, as always, disciplined investors would sell if the stock again falls more than -7% from their purchase price.

AVG showed strong sales revenues growth with earnings increases well above the +25% minimum guideline (C criteria) in the 4 latest quarterly comparisons through Jun '13. However, there is a sequential deceleration in its quarterly sales revenues increases. Earnings in FY '11 were flat versus the prior year, which is of some concern with respect to the A criteria. The number of top-rated funds owning its shares rose from 89 in Sep '12 to 180 in Sep '13, a reassuring sign concerning the I criteria. There is a small supply (S criteria) of only 29 million shares outstanding which can contribute to greater price volatility in the event of any institutional buying or selling. 


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
AVG - NYSE
A V G Technologies N.V.
INTERNET - Internet Software and Services  
$24.20 -0.21
-0.86%

$25.05

787,352
93.48% of 50 DAV
50 DAV is 842,300
$26.56
-8.87%
9/13/2013 $23.06 PP = $23.88
MB = $25.07
Most Recent Note - 10/21/2013 6:30:30 PM
Y - Consolidating -8.9% off its 52-week high. Wedged higher with gains lacking volume conviction while rebounding after a recent shakeout below its 50 DMA line. See the latest FSU analysis for more details and new annotated daily and weekly graphs.
>>> FEATURED STOCK ARTICLE : Valid Secondary Buy Point After Resilient at 10-Week Moving Average - 10/21/2013
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   Daily Graphs Online Stock Checkup
BITA - NYSE
Bitauto Hldgs Ltd Ads
INTERNET - Internet Information Providers  
$25.29 +0.97
3.99%

$26.24

914,108
136.35% of 50 DAV
50 DAV is 670,400
$25.97
-2.61%
9/24/2013 $16.40 PP = $17.31
MB = $18.18
Most Recent Note - 10/21/2013 1:29:11 PM
G - Hitting yet another new high today. Recently noted - "It may go on to produce more climactic gains, however it is very extended from its prior base. Prior highs in the $18 area define initial support to watch on pullbacks."
>>> FEATURED STOCK ARTICLE : Volume-Driven Gains Cleared Latest Pivot Point - 10/2/2013
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   Daily Graphs Online Stock Checkup
BLOX - NYSE
Infoblox Inc
COMPUTER HARDWARE - Networking and Communication Dev  
$46.46 -0.71
-1.51%

$47.35

729,366
95.28% of 50 DAV
50 DAV is 765,500
$47.87
-2.95%
10/11/2013 $43.02 PP = $45.60
MB = $47.88
Most Recent Note - 10/17/2013 4:15:13 PM
Y - Hit another new 52-week high today with a 2nd consecutive volume-driven gain while rising above its pivot point clinching a technical buy signal. Highlighted in yellow while building on a flat base in the 10/11/13 mid-day report (read here) and noted - "Subsequent volume-driven gains for new highs may trigger a technical buy signal."

>>> FEATURED STOCK ARTICLE : Finished Another Week Higher With Volume Behind Gains - 10/11/2013
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   Daily Graphs Online Stock Checkup
CELG - NASDAQ
Celgene Corp
DRUGS - Drug Manufacturers - Major  
$159.23 -1.32
-0.82%

$161.64

1,949,176
75.62% of 50 DAV
50 DAV is 2,577,700
$160.58
-0.84%
9/12/2013 $149.50 PP = $150.02
MB = $157.52
Most Recent Note - 10/17/2013 4:08:28 PM
G - Wedged above its "max buy" level and its color code is changed to green after inching higher on light volume for a 6th consecutive small gain and a new all-time high. Found support at its 50 DMA line last week as it did on prior pullbacks. The recent low ($143.13 on 10/09/13) defines important near-term support where a subsequent violation may trigger a more worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain Challenging New Pivot Point - 9/20/2013
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   Daily Graphs Online Stock Checkup
EGBN - NASDAQ
Eagle Bancorp Inc
BANKING - Regional - Mid-Atlantic Banks  
$29.49 -0.19
-0.64%

$29.75

79,262
115.71% of 50 DAV
50 DAV is 68,500
$29.92
-1.44%
9/16/2013 $27.48 PP = $27.77
MB = $29.16
Most Recent Note - 10/17/2013 4:09:32 PM
G - Pulled back today on lighter volume. Hit a new 52-week high on the prior session with a considerable gain backed by only +11% above average volume. Color code was changed to green while getting extended from the prior base. Recent lows and 50 DMA line define near-term support.
>>> FEATURED STOCK ARTICLE : Finished Lower After "Negative Reversal" - 9/16/2013
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   Daily Graphs Online Stock Checkup
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
EGOV - NASDAQ
N I C Inc
INTERNET - Internet Software and Services  
$24.80 -0.19
-0.76%

$25.99

516,547
172.93% of 50 DAV
50 DAV is 298,700
$25.62
-3.20%
10/18/2013 $25.17 PP = $23.66
MB = $24.84
Most Recent Note - 10/21/2013 6:40:54 PM
Y - Hit another new high today then reversed to close in the red, finishing near the session low with a loss on above average volume. See the latest FSU analysis for an annotated weekly graph. Volume was more than 3 times average behind the technical breakout from a "double bottom" base on the prior session.
>>> FEATURED STOCK ARTICLE : Technical Breakout From "Double Bottom" Base on 3 Times Average Volume - 10/18/2013
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   Daily Graphs Online Stock Checkup
FLT - NYSE
Fleetcor Technologies
DIVERSIFIED SERVICES - Business/Management Services  
$112.32 -0.17
-0.15%

$113.62

601,166
85.36% of 50 DAV
50 DAV is 704,300
$113.68
-1.20%
8/19/2013 $99.01 PP = $100.97
MB = $106.02
Most Recent Note - 10/16/2013 6:57:58 PM
G - Rebounded further above its 50 DMA line today. A prompt rebound above that important short-term average last week was noted as a sign of support that helped its outlook.
>>> FEATURED STOCK ARTICLE : Extended After 13 Weekly Gains in Span of 14 Weeks - 10/7/2013
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GNRC - NYSE
Generac Hldgs Inc
CONSUMER DURABLES - Electronic Equipment  
$41.89 +0.71
1.72%

$41.97

798,534
117.90% of 50 DAV
50 DAV is 677,300
$44.30
-5.44%
9/12/2013 $41.40 PP = $43.27
MB = $45.43
Most Recent Note - 10/17/2013 12:35:53 PM
G - Prior lows in $39 area define important near-term support. Wedging higher with gains lacking great volume conviction, approaching its 50 DMA line which is now downward sloping and may act as resistance. A rebound above the 50 DMA line is needed to help its outlook and technical stance improve. Its Relative Strength rank has slumped to 79, below the 80+ minimum guideline for buy candidates. Disciplined investors limit losses by selling if any stock falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Pullback Following Friday's Technical Buy Signal - 9/23/2013
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JAZZ - NASDAQ
Jazz Pharmaceuticals Plc
DRUGS - Biotechnology  
$85.65 +0.64
0.75%

$85.98

495,566
71.58% of 50 DAV
50 DAV is 692,300
$93.84
-8.73%
9/30/2013 $93.20 PP = $89.10
MB = $93.56
Most Recent Note - 10/15/2013 7:02:43 PM
G- Consolidating below its 50 DMA line, and a subsequent rebound is needed to help its outlook. That important short-term average acted as resistance after a damaging loss and technical sell signal on 10/08/13. Disciplined investors limit losses if any stock falls more than -7% from their purchase price.
>>> FEATURED STOCK ARTICLE : Strong Finish With High Volume Indicative of Accumulation - 9/30/2013
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   Daily Graphs Online Stock Checkup
KORS - NYSE
Michael Kors Hldgs Ltd
RETAIL - Apparel Stores  
$77.18 +1.94
2.58%

$77.21

3,300,391
110.22% of 50 DAV
50 DAV is 2,994,500
$78.62
-1.83%
8/6/2013 $69.66 PP = $66.28
MB = $69.59
Most Recent Note - 10/17/2013 4:04:11 PM
G - Churned heavy volume today and finished with a loss while consolidating near its 50 DMA line. Found prompt support near that short-term average after a damaging loss on 10/08/13 triggered a technical sell signal. Recent low ($70.59 on 10/09/13) defines the next important near-term support area above prior highs in the $66 area.
>>> FEATURED STOCK ARTICLE : Extended From Base After Additional Volume-Driven Gains - 9/27/2013
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   Daily Graphs Online Stock Checkup
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
LOPE - NASDAQ
Grand Canyon Education
DIVERSIFIED SERVICES - Education and; Training Services  
$42.06 -0.05
-0.12%

$42.57

232,783
71.54% of 50 DAV
50 DAV is 325,400
$42.71
-1.53%
6/19/2013 $31.47 PP = $34.17
MB = $35.88
Most Recent Note - 10/16/2013 12:50:22 PM
G - Gapped up today hitting new all-time highs. Fundamental concerns remain while technical action has been reassuring.
>>> FEATURED STOCK ARTICLE : Formed Advanced Base But Fundamental Concerns Remain - 10/14/2013
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MRLN - NASDAQ
Marlin Business Services
DIVERSIFIED SERVICES - Rental and Leasing Services  
$26.74 +0.63
2.41%

$26.96

21,597
65.05% of 50 DAV
50 DAV is 33,200
$26.96
-0.82%
9/9/2013 $23.75 PP = $24.03
MB = $25.23
Most Recent Note - 10/17/2013 4:12:12 PM
G - Finished at the session high for a best-ever close today, wedging higher without great volume conviction. Found support at its 50 DMA line on the last pullback. Subsequent losses below the recent low ($23.25) would trigger a more worrisome technical sell signal.
>>> FEATURED STOCK ARTICLE : Faring Better Than Others While Testing 50-Day Average Line - 10/8/2013
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NOAH - NYSE
Noah Holdings Ltd Ads
FINANCIAL SERVICES - Asset Management  
$20.22 -0.84
-3.99%

$21.50

1,834,538
243.37% of 50 DAV
50 DAV is 753,800
$22.99
-12.05%
10/15/2013 $19.10 PP = $18.33
MB = $19.25
Most Recent Note - 10/21/2013 1:27:55 PM
Y - Pulling back further today with above average volume, its color code is changed to yellow after dipping near its "max buy" level. There was a "negative reversal" on the prior session after hitting a new 52-week high following an impressive streak of volume-driven gains while noted - "Disciplined investors avoid chasing stocks extended more than +5% above their pivot point. Prior highs in the $18 area define initial support to watch on pullbacks."
>>> FEATURED STOCK ARTICLE : Finished Strong With Gain on 4 Times Average Volume - 10/15/2013
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OII - NYSE
Oceaneering Intl Inc
ENERGY - Oil and Gas Drilling and Explorati  
$85.95 -0.32
-0.37%

$87.64

855,695
139.66% of 50 DAV
50 DAV is 612,700
$86.32
-0.43%
10/16/2013 $83.08 PP = $84.74
MB = $88.98
Most Recent Note - 10/18/2013 5:07:06 PM
Y - Gapped up today and rallied for a new 52-week high with +83% above average volume, breaking out above the pivot point based on its 9/18/13 high plus 10 cents triggering a technical buy signal. Prior highs in the $84 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Forming Set-Up Above 50-Day Moving Average Line - 10/16/2013
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   Daily Graphs Online Stock Checkup
PCLN - NASDAQ
Priceline.Com Inc
INTERNET - Internet Software and Services  
$1,087.09 +38.84
3.71%

$1,089.75

700,627
118.27% of 50 DAV
50 DAV is 592,400
$1,074.89
1.13%
9/13/2013 $966.82 PP = $995.08
MB = $1,044.83
Most Recent Note - 10/21/2013 1:30:46 PM
G - Color code is changed to green while getting extended from any sound base. Found support near its 50 DMA line after enduring damaging distributional losses.
>>> FEATURED STOCK ARTICLE : Wedging to New Highs With Gains Lacking Volume Conviction - 9/19/2013
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   Daily Graphs Online Stock Checkup
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
PRAA - NASDAQ
Portfolio Recovery Assoc
DIVERSIFIED SERVICES - Business/Management Services  
$62.00 -0.13
-0.21%

$62.39

402,955
92.02% of 50 DAV
50 DAV is 437,900
$62.16
-0.26%
10/17/2013 $60.75 PP = $61.70
MB = $64.79
Most Recent Note - 10/18/2013 5:16:37 PM
Y - Wedged to a new 52-week high with today's 3rd consecutive gain lacking great volume conviction. Pivot point cited was based on its 9/26/13 high plus 10 cents after forming an advanced "3-weeks tight" base. Subsequent volume-driven gains may clinch a proper new (or add-on) technical buy signal.
>>> FEATURED STOCK ARTICLE : Wedging to New Highs With Gains Lacking Volume Conviction - 9/26/2013
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   Daily Graphs Online Stock Checkup
PRLB - NYSE
Proto Labs Inc
MANUFACTURING - Small Tools and Accessories  
$86.47 +4.18
5.08%

$86.85

408,705
121.53% of 50 DAV
50 DAV is 336,300
$82.51
4.80%
7/29/2013 $64.86 PP = $67.50
MB = $70.88
Most Recent Note - 10/21/2013 6:36:02 PM
G - Gapped up and hit a new high with above average volume behind today's 3rd consecutive gain. Getting more extended while rallying since finding prompt support at its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Extended Following Additional Volume-Driven Gains - 9/25/2013
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   Daily Graphs Online Stock Checkup
SFUN - NYSE
Soufun Hldgs Ltd Ads A
INTERNET - Internet Information Providers  
$55.55 -1.66
-2.90%

$58.25

741,939
54.30% of 50 DAV
50 DAV is 1,366,400
$59.50
-6.64%
10/17/2013 $58.02 PP = $53.87
MB = $56.56
Most Recent Note - 10/21/2013 6:37:38 PM
Y - Pulled back today on lighter than average volume following considerable volume-driven gains to new highs. Prior highs in the $53 area define initial support to watch.
>>> FEATURED STOCK ARTICLE : Following Great Rally No New Base Has Been Formed - 10/1/2013
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   Daily Graphs Online Stock Checkup
SSNC - NASDAQ
S S & C Technologies
COMPUTER SOFTWARE and SERVICES - Application Software  
$38.94 +0.11
0.28%

$39.32

251,391
61.37% of 50 DAV
50 DAV is 409,600
$39.94
-2.50%
9/5/2013 $36.01 PP = $38.90
MB = $40.85
Most Recent Note - 10/15/2013 7:04:07 PM
G - Consolidating near its 50 DMA line with gains on light volume after losses on higher volume triggered a technical sell signal. Completed a Secondary Offering on 9/20/13 while perched at all-time highs.
>>> FEATURED STOCK ARTICLE : Finding Support Near 50-Day Average After Secondary Offering - 10/4/2013
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   Daily Graphs Online Stock Checkup
SSYS - NASDAQ
Stratasys Ltd
COMPUTER HARDWARE - Computer Peripherals  
$111.38 +0.53
0.48%

$112.94

615,364
52.14% of 50 DAV
50 DAV is 1,180,200
$113.49
-1.86%
10/11/2013 $102.94 PP = $105.38
MB = $110.65
Most Recent Note - 10/15/2013 7:12:00 PM
Y - Rallied further above its 50 DMA line today and traded +27% above average volume while wedging above the pivot point of its "double bottom" base. Gains must have at least +40% above average volume to trigger a proper technical buy signal, so confirming gains with higher volume would be a welcome reassurance in the days to come.
>>> FEATURED STOCK ARTICLE : Faltering and Relative Strength Waning After Offering - 10/9/2013
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   Daily Graphs Online Stock Checkup
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
STMP - NASDAQ
Stamps.Com Inc
INTERNET - Internet Software and Services  
$46.06 -0.56
-1.20%

$47.21

157,438
160.49% of 50 DAV
50 DAV is 98,100
$46.89
-1.77%
9/24/2013 $45.54 PP = $46.57
MB = $48.90
Most Recent Note - 10/18/2013 5:09:26 PM
Y - Rallied above the previously cited pivot point with a solid gain today backed by +62% above average volume clinching a technical buy signal. No resistance remains due to overhead supply.
>>> FEATURED STOCK ARTICLE : Forming New Set-Up After 50-Day Average Acted as Support - 9/24/2013
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TBBK - NASDAQ
Bancorp Inc
BANKING - Regional - Mid-Atlantic Banks  
$18.88 +0.27
1.45%

$19.00

75,817
42.26% of 50 DAV
50 DAV is 179,400
$18.99
-0.58%
9/4/2013 $16.26 PP = $16.79
MB = $17.63
Most Recent Note - 10/15/2013 7:07:51 PM
G - Pulled back today on lighter volume following 4 consecutive gains. Recent lows in the $17.25 area define near-term support above its 50 DMA line ($16.78).
>>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure While Consolidating Above Prior Highs - 10/3/2013
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TNGO - NASDAQ
Tangoe Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$24.71 -0.63
-2.49%

$26.05

731,473
123.79% of 50 DAV
50 DAV is 590,900
$26.03
-5.07%
9/12/2013 $21.30 PP = $23.15
MB = $24.31
Most Recent Note - 10/18/2013 5:11:03 PM
G - Hit another new 52-week high with another volume-driven gain lifting it further beyond its "max buy" level. Disciplined investors avoid chasing extended stocks.
>>> FEATURED STOCK ARTICLE : Gains Today Lacked Volume Conviction of Institutional Demand - 9/17/2013
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ULTI - NASDAQ
Ultimate Software Group
INTERNET - Internet Software and Services  
$149.44 +1.04
0.70%

$150.47

186,383
142.17% of 50 DAV
50 DAV is 131,100
$151.08
-1.09%
10/16/2013 $142.95 PP = $151.18
MB = $158.74
Most Recent Note - 10/18/2013 5:12:48 PM
Y - Rallied near its best-ever close with and finished near the session high with a solid gain backed by +36% above average volume. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal. See the latest FSU analysis for more details and annotated daily and weekly graphs.
>>> FEATURED STOCK ARTICLE : Hovering Less Than -5% From 52-Week High - 10/17/2013
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VRX - NYSE
Valeant Pharmaceuticals
DRUGS - Drug Manufacturers - Other  
$112.30 -0.72
-0.64%

$115.40

965,785
85.62% of 50 DAV
50 DAV is 1,128,000
$113.79
-1.31%
9/11/2013 $100.26 PP = $105.50
MB = $110.78
Most Recent Note - 10/17/2013 4:00:18 PM
G- Inching higher with light volume, poised for a best-ever close and its color code is changed to green. Found support above prior highs defining important support in the $105 area.
>>> FEATURED STOCK ARTICLE : Found Support Above Prior Highs on Pullback - 10/10/2013
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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
YNDX - NASDAQ
Yandex N V Class A
INTERNET - Internet Information Providers  
$41.04 +0.24
0.58%

$41.96

2,911,762
121.75% of 50 DAV
50 DAV is 2,391,600
$41.32
-0.68%
9/5/2013 $34.24 PP = $34.79
MB = $36.53
Most Recent Note - 10/18/2013 5:14:19 PM
G - Hit another new 52-week high today with a gap up and volume-driven gain. Extended from any sound base. Found prompt support above prior highs in the $34 area and its 50 DMA line.
>>> FEATURED STOCK ARTICLE : Gains Lacked Volume Conviction While Hitting New Highs - 9/18/2013
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