On Wednesday's session the major averages finished lower. The volume totals were reported slightly lower on the NYSE and on the Nasdaq exchange, at least indicating no increase in distributional selling pressure from the institutional crowd as stocks retreated. Breadth was negative as decliners led advancers by 2-1 on the NYSE but by a narrower 7-6 margin on the Nasdaq exchange. There were 33 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, up from 31 stocks on the prior session. The list of stocks hitting new 52-week highs still outnumbered new lows on the NYSE and on the Nasdaq exchange. There were gains for 8 of the 22 high-ranked companies currently included on the Featured Stocks Page.

The Dow Jones Industrial Average fell 66 points to 15,900, after being up by as many as 49 points in early action.  Stocks turned lower in the final hours of trading following the release of the Fed's latest minutes. Notes from the meeting indicated that the central bank is open to reducing its level of bond purchases should improvements in the labor market continue.

Nine of the 10 sectors on the S&P ended lower, led by declines in utility stocks. On the earnings front, home improvement retailer Lowe's Companies Inc (LOW -6.1%) fell after the company posted a weaker-than-expected profit tally. Shares of The J.M. Smucker Co (SJM -6.5%) fell following their disappointing quarterly report.

Turning to fixed income markets, Treasuries were lower along the curve. The benchmark 10-year note was down 23/32 to yield 2.79% and the 30-year bond was off more than a point and a half to yield 3.90%. 

Market (M criteria) conditions are encouraging as the major averages have seen leadership (new highs) expand while the Dow and S&P 500 Index climbed into new all-time high territory. New buying efforts should always be selective. 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 consolidating from its 2013 high. Near-term support to watch is at its 50-day moving average (DMA) line and recent lows.

Weakness in the Retail Index ($RLX -0.54%) created a drag on the major averages while the Broker/Dealer Index ($XBD +0.34%) had a sightly positive impact and the Bank Index ($BKX -0.06%) ended flat. The tech sector was mixed as the Biotechnology Index ($BTK +0.95%) led the tech sector while the Networking Index ($NWX +0.26%) edged higher, but the Semiconductor Index ($SOX -0.45%) suffered a modest loss. Energy-related shares edged lower as the Oil Services Index ($OSX -0.38%) and the Integrated Oil Index ($XOI -0.31%) suffered modest losses.   The Gold & Silver Index ($XAU -2.94%) was a clear laggard as it slumped the most.

Charts courtesy www.stockcharts.com

PICTURED: The Oil Services Index ($OSX -0.38%) is consolidating above its 50-day moving average (DMA) line. It stayed well above that important short-term average during the prior consolidation.

Noah Holdings Ltd (NOAH -$0.82 or -3.95% to  $19.96) was down again today with average volume and ended -21.8% off its 52-week high as it slumped toward near-term support at its 50-day moving average (DMA) line. It was down with much heavier volume on Tuesday after a worrisome "negative reversal" on the prior session at its 52-week high. More damaging losses and technical deterioration would raise greater concerns. It had not formed a sound base during its recent consolidation and prior reports repeatedly cautioned members - "Disciplined investors avoid chasing stocks extended more than +5% above prior highs and always limit losses by selling if any stock falls more than -7% from their purchase price."

NOAH was last shown in this FSU section on 10/15/13 with annotated graphs under the headline, "Finished Strong With Gain on 4 Times Average Volume", as it finished strong after highlighted in yellow in the earlier mid-day report (read here). When rallying from a deep V-shaped cup with handle pattern there was no resistance due to overhead supply. It may go on to produce more climactic gains, but now it faces resistance up through the $25 area as overhead supply is likely to hinder its upward price progress. Meanwhile, any fresh buy candidate breaking out without overhead supply might be a more compelling stock to consider buying in the near-term.

The number of top-rated funds owning its shares rose from 18 in Mar '13 to 24 in Sep '13, a reassuring trend concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 is also an unbiased indication that its shares have been under slight accumulation over the past 50 days. It reported earnings +80% on +61% sales revenues for the quarter ended September 30, 2013. Its strong sales revenues and earnings increases help this Chinese provider of investment products match the fact-based investment system's fundamental guidelines. The N criteria also is also supported by strong sales revenues increases - considered a sign that a new product or service has been in great demand. Its small supply (S criteria) of only 17.3 Million shares in the public float can contribute to greater price volatility in the event of 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
BITA - NYSE Bitauto Hldgs Ltd Ads INTERNET - Internet Information Providers	$30.70	+0.73 2.44%	$31.97	780,913 72.67% of 50 DAV 50 DAV is 1,074,600	$34.47 -10.94%	9/24/2013	$16.40	PP = $17.31
								MB = $18.18
Most Recent Note - 11/20/2013 1:27:48 PM G - Small gap up today. Holding its ground near its 52-week high after a "negative reversal" following a streak of 6 consecutive volume-driven gains. Very extended from any sound base, meanwhile, its prior high in the $28 area defines initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Consolidating After Getting Extended From Prior Base - 11/11/2013 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
BLOX - NYSE Infoblox Inc COMPUTER HARDWARE - Networking and Communication Dev	$41.81	-0.14 -0.33%	$43.35	682,733 88.41% of 50 DAV 50 DAV is 772,200	$48.97 -14.61%	10/11/2013	$43.02	PP = $45.60
								MB = $47.88
Most Recent Note - 11/19/2013 6:31:12 PM G - Violated its 50 DMA line with volume-driven losses triggering a technical sell signal. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price. See the latest FSU analysis for more details and new annotated daily and weekly graphs. >>> FEATURED STOCK ARTICLE : Volume Driven Losses Violated 50-Day Moving Average Line - 11/19/2013 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
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$155.53	+1.09 0.71%	$157.09	2,336,456 80.01% of 50 DAV 50 DAV is 2,920,300	$161.64 -3.78%	9/12/2013	$149.50	PP = $150.02
								MB = $157.52
Most Recent Note - 11/18/2013 1:32:00 PM G - Rebounding above its 50 DMA line today, but recent gains have been lacking great volume conviction. The prior low ($142.10 on 11/07/13) is the next technical support level where a subsequent violation may trigger a more worrisome technical sell signal. Earnings +21% on +18% sales revenues for the Sep '13 quarter were below the +25% minimum guideline (C criteria) raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Testing 50-Day Average Following Sub Par Earnings Increase - 11/1/2013 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
EGOV - NASDAQ N I C Inc INTERNET - Internet Software and Services	$23.39	-0.09 -0.38%	$23.87	107,049 35.27% of 50 DAV 50 DAV is 303,500	$25.99 -10.00%	10/18/2013	$25.17	PP = $23.66
								MB = $24.84
Most Recent Note - 11/18/2013 1:33:24 PM Y - Found support near its 50 DMA line after recently slumping back into its prior base and raising concerns with damaging distributional action. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. >>> 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
FLT - NYSE Fleetcor Technologies DIVERSIFIED SERVICES - Business/Management Services	$116.98	+0.90 0.78%	$117.71	700,791 90.78% of 50 DAV 50 DAV is 772,000	$120.51 -2.93%	8/19/2013	$99.01	PP = $100.97
								MB = $106.02
Most Recent Note - 11/20/2013 1:31:36 PM G - Holding its ground near its all-time high, however it has not formed a sound base. Its 50 DMA line ($111.45 now) defines near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Perched Near All-Time High Tallying Quiet Gains - 11/13/2013 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
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
GNRC - NYSE Generac Hldgs Inc CONSUMER DURABLES - Electronic Equipment	$49.68	-0.20 -0.40%	$50.18	349,481 42.99% of 50 DAV 50 DAV is 812,900	$52.32 -5.05%	10/24/2013	$47.46	PP = $44.24
								MB = $46.45
Most Recent Note - 11/20/2013 1:33:04 PM G - Still holding its ground in a tight range near all-time highs, but it has not formed a sound base. Prior highs in the $44 area define near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Consolidating After "Breakway Gap" With 4 Times Average Volume - 10/30/2013 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
JAZZ - NASDAQ Jazz Pharmaceuticals Plc DRUGS - Biotechnology	$111.96	+1.96 1.78%	$114.64	664,375 89.74% of 50 DAV 50 DAV is 740,300	$111.32 0.58%	9/30/2013	$93.20	PP = $89.10
								MB = $93.56
Most Recent Note - 11/20/2013 1:35:08 PM G- Hitting another new 52-week high with today's 3rd consecutive "wedging" gain average or lighter volume while getting even more extended from any sound base. Disciplined investors avoid chasing stocks more than +5% above prior highs and always limit losses by selling any stock that falls more than -7% from their purchase price. >>> FEATURED STOCK ARTICLE : Hovering Near All-Time Highs Following Volume-Driven Gains - 11/7/2013 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
KORS - NYSE Michael Kors Hldgs Ltd RETAIL - Apparel Stores	$79.09	-0.84 -1.05%	$80.61	3,071,199 66.46% of 50 DAV 50 DAV is 4,621,300	$83.13 -4.86%	8/6/2013	$69.66	PP = $66.28
								MB = $69.59
Most Recent Note - 11/20/2013 1:37:31 PM G - Volume totals have been cooling while hovering near all-time highs after volume-driven gains to new high territory. Prior highs in the $78 area define near-term support above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Hitting New Highs After Choppy Consolidation - 11/6/2013 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
LOPE - NASDAQ Grand Canyon Education DIVERSIFIED SERVICES - Education and; Training Services	$44.15	-0.67 -1.49%	$45.28	476,677 112.53% of 50 DAV 50 DAV is 423,600	$50.48 -12.54%	6/19/2013	$31.47	PP = $34.17
								MB = $35.88
Most Recent Note - 11/20/2013 1:39:09 PM G - Consolidating since its considerable volume-driven gain on 10/30/13 for a new high. Repeatedly noted - "Reported earnings +17% on +14% sales revenues for the Sep '13 quarter, its 2nd quarterly comparison with an earnings increase below the +25% minimum guideline (C criteria). Fundamental concerns remain while technical action has been reassuring." >>> FEATURED STOCK ARTICLE : Formed Advanced Base But Fundamental Concerns Remain - 10/14/2013 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
MRLN - NASDAQ Marlin Business Services DIVERSIFIED SERVICES - Rental and Leasing Services	$24.31	+0.31 1.29%	$24.39	15,801 58.09% of 50 DAV 50 DAV is 27,200	$28.64 -15.12%	9/9/2013	$23.75	PP = $24.03
								MB = $25.23
Most Recent Note - 11/19/2013 4:58:51 PM G - Slumped further below its 50 DMA line with today's damaging loss raising greater concerns and triggering more worrisome technical sell signals. >>> FEATURED STOCK ARTICLE : Violated 50-Day Moving Average Line Raising Concerns - 11/14/2013 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
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
NOAH - NYSE Noah Holdings Ltd Ads FINANCIAL SERVICES - Asset Management	$19.96	-0.82 -3.95%	$21.35	796,962 100.06% of 50 DAV 50 DAV is 796,500	$25.51 -21.76%	10/15/2013	$19.10	PP = $18.33
								MB = $19.25
Most Recent Note - 11/20/2013 5:43:21 PM G - Slumped toward its 50 DMA line with today's 3rd consecutive loss after a worrisome "negative reversal" at its 52-week high. See the latest FSU analysis for more details and new annotated daily and weekly graphs. >>> FEATURED STOCK ARTICLE : 50-Day Average And Prior Highs Define Important Support - 11/20/2013 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
OII - NYSE Oceaneering Intl Inc ENERGY - Oil and Gas Drilling and Explorati	$79.93	-0.31 -0.39%	$80.51	604,634 91.60% of 50 DAV 50 DAV is 660,100	$87.64 -8.80%	10/16/2013	$83.08	PP = $84.74
								MB = $88.98
Most Recent Note - 11/19/2013 4:57:01 PM G - Slumped back below its 50 DMA line raising greater concerns with a loss today on higher volume. Recently reported earnings +23% on +16% sales revenues, below the +25% minimum earnings guideline (C criteria) raising concerns. >>> 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
PCLN - NASDAQ Priceline.Com Inc INTERNET - Internet Software and Services	$1,147.09	+28.67 2.56%	$1,163.98	975,204 153.31% of 50 DAV 50 DAV is 636,100	$1,145.00 0.18%	9/13/2013	$966.82	PP = $995.08
								MB = $1,044.83
Most Recent Note - 11/20/2013 12:57:07 PM G - Hitting yet another new 52-week high with today's gap up gain. Found support at its 50 DMA line on prior pullbacks, however it has not formed any recent sound base pattern. Reported earnings +40% on +33% sales revenues for the Sep '13 quarter versus the year-ago period, improving after a slightly sub par Jun '13 report. >>> FEATURED STOCK ARTICLE : Rallied to New Highs Following Pullback to 50-day Average - 10/29/2013 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
PRAA - NASDAQ Portfolio Recovery Assoc DIVERSIFIED SERVICES - Business/Management Services	$54.93	-0.01 -0.02%	$56.16	479,649 111.03% of 50 DAV 50 DAV is 432,000	$63.96 -14.12%	10/17/2013	$60.75	PP = $61.70
								MB = $64.79
Most Recent Note - 11/18/2013 1:13:37 PM G - Holding its ground after undercutting the previously noted low ($56.20 on 10/09/13) defining an important chart support level to watch. Remains below its 50 DMA line after a streak of losses marked by volume raised concerns, and a rebound above that short-term average is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Near 50-Day Moving Average Enduring Distributional Pressure - 11/5/2013 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
PRLB - NYSE Proto Labs Inc MANUFACTURING - Small Tools and Accessories	$76.48	-3.41 -4.27%	$80.23	1,002,910 237.54% of 50 DAV 50 DAV is 422,200	$89.97 -14.99%	7/29/2013	$64.86	PP = $67.50
								MB = $70.88
Most Recent Note - 11/20/2013 1:21:17 PM G - Suffering another damaging loss with above average volume today after violating its 50 DMA line on the prior session triggering a technical sell signal. Only a prompt rebound above that short-term average would help its outlook improve. >>> FEATURED STOCK ARTICLE : Undercut 50-Day Moving Average Yet Found Prompt Support - 11/4/2013 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
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
SFUN - NYSE Soufun Hldgs Ltd Ads A INTERNET - Internet Information Providers	$65.27	-2.16 -3.20%	$68.86	882,347 55.55% of 50 DAV 50 DAV is 1,588,400	$71.62 -8.87%	10/17/2013	$58.02	PP = $53.87
								MB = $56.56
Most Recent Note - 11/18/2013 1:18:03 PM G - Hitting new all-time highs today. Disciplined investors avoid chasing extended stocks. Prior highs in the $59 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Perched Near All-Time High After Testing Support - 11/8/2013 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
SSNC - NASDAQ S S & C Technologies COMPUTER SOFTWARE and SERVICES - Application Software	$40.64	+0.89 2.24%	$40.95	297,853 68.63% of 50 DAV 50 DAV is 434,000	$41.75 -2.66%	10/22/2013	$39.17	PP = $40.04
								MB = $42.04
Most Recent Note - 11/18/2013 1:21:56 PM Y - Volume totals have still been cooling while consolidating since its 11/04/13 breakout gain. That is a sign that very few investors have headed to the exit while it remains perched near its all-time highs. Subsequent losses leading to a close below its old high closes in the $39.50 area would raise concerns and completely negate its recent breakout. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling Following Recent Volume-Driven Breakout - 11/12/2013 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
SSYS - NASDAQ Stratasys Ltd COMPUTER HARDWARE - Computer Peripherals	$112.24	-4.68 -4.00%	$121.04	3,234,384 241.03% of 50 DAV 50 DAV is 1,341,900	$134.00 -16.24%	10/11/2013	$102.94	PP = $105.38
								MB = $110.65
Most Recent Note - 11/20/2013 1:24:09 PM G - Pulling back today for a 2nd consecutive volume-driven loss, undercutting prior highs in the $113 area defining initial support. Reported earnings +13% on +153% sales revenues, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. See the latest FSU analysis for more details and annotated daily and weekly graphs. >>> FEATURED STOCK ARTICLE : Rallying For New Highs Despite Fundamental Flaw Raising Concern - 11/18/2013 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
STMP - NASDAQ Stamps.Com Inc INTERNET - Internet Software and Services	$45.69	-1.34 -2.85%	$47.12	83,968 76.75% of 50 DAV 50 DAV is 109,400	$49.40 -7.51%	9/24/2013	$45.54	PP = $46.57
								MB = $48.90
Most Recent Note - 11/18/2013 1:24:03 PM G - Challenging its 52-week high today. Recently held its ground at its 50 DMA line, where more damaging losses would raise greater concerns. Fundamental concerns were raised by waning sales revenues and earnings increases. Reported earnings +24% on +7% sales revenues for the Sep '13 quarter, just below the +25% minimum earnings guideline (C criteria). >>> FEATURED STOCK ARTICLE : Fundamental Flaw May Prompt Disciplined Investors to Look Elsewhere - 10/31/2013 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
ULTI - NASDAQ Ultimate Software Group INTERNET - Internet Software and Services	$154.25	-0.73 -0.47%	$155.92	97,450 65.76% of 50 DAV 50 DAV is 148,200	$162.88 -5.30%	10/16/2013	$142.95	PP = $151.18
								MB = $158.74
Most Recent Note - 11/18/2013 1:26:52 PM Y - Volume totals have been cooling while still holding its ground near its 52-week high yet below its "max buy" level, remaining above prior highs defining initial support. >>> FEATURED STOCK ARTICLE : Hovering Less Than -5% From 52-Week High - 10/17/2013 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
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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$106.56	+0.64 0.60%	$107.54	769,917 65.44% of 50 DAV 50 DAV is 1,176,600	$115.40 -7.66%	9/11/2013	$100.26	PP = $105.50
								MB = $110.78
Most Recent Note - 11/20/2013 1:41:17 PM Y - Consolidating in a tight range near its 50 DMA line with volume totals cooling. Recent lows in the $102 area define near-term support where subsequent violations may trigger technical sell signals. Recently reported earnings +24% on +74% sales revenues for the Sep '13 quarter, a notch below the +25% minimum guideline (C criteria). >>> FEATURED STOCK ARTICLE : Recent Lows Define Support to Watch Below 50 Day Average - 11/15/2013 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
YNDX - NASDAQ Yandex N V Class A INTERNET - Internet Information Providers	$36.15	-0.82 -2.22%	$37.82	2,878,370 108.84% of 50 DAV 50 DAV is 2,644,500	$42.00 -13.93%	9/5/2013	$34.24	PP = $34.79
								MB = $36.53
Most Recent Note - 11/19/2013 6:34:28 PM G - Violated its 50 DMA line and closed near the session low with a big loss on lighter than average volume today. Prior lows ($35.59 on 11/08/13 and $34.31 on 10/08/13) defines the next important chart support levels to watch. >>> FEATURED STOCK ARTICLE : Consolidating After Getting Extended From Sound Base - 10/28/2013 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