8/16/2017 12:49:01 PM - This popular Shoe Manufacturer was on the Featured Stocks list about 5 years ago, but fundamentals today are not a match with the C and A criteria of the fact-based investment system.
9/27/2012 12:51:49 PM - Fundamentals are not a match with the C criteria after reporting sub par earnings increases in the Mar and Jun '12 quarters. It recently rebounded from a deep consolidation below its 200 DMA line since dropped from the Featured Stocks list on 5/17/12 when last noted - "Failing to rebound after recently noted technical deterioration below the recent low ($40.91 on 4/24/12) raised more serious concerns. Earnings growth for the quarter ended March 31, 2012 versus the year ago period was below the +25% minimum guideline. It now faces resistance up through the $45 area due to overhead supply created over the past 3 months while trading at higher levels. It will be dropped from the Featured Stocks list tonight."
5/17/2012 5:49:52 PM - Failing to rebound after recently noted technical deterioration below the recent low ($40.91 on 4/24/12) raised more serious concerns. Earnings growth for the quarter ended March 31, 2012 versus the year ago period was below the +25% minimum guideline. It now faces resistance up through the $45 area due to overhead supply created over the past 3 months while trading at higher levels. It will be dropped from the Featured Stocks list tonight.
5/17/2012 1:33:44 PM - Failing to rebound after recently noted technical deterioration below the recent low ($40.91 on 4/24/12) raised more serious concerns. Earnings growth for the quarter ended March 31, 2012 versus the year ago period was below the +25% minimum guideline. It now faces resistance up through the $45 area due to overhead supply created over the past 3 months while trading at higher levels. It will be dropped from the Featured Stocks list tonight.
5/10/2012 6:17:45 PM - G - Technical deterioration below the recent low ($40.91 on 4/24/12) has raised more serious concerns after earnings growth for the quarter ended March 31, 2012 versus the year ago period was below the +25% minimum guideline. See latest FSU analysis for more details and a new annotated graph.
5/8/2012 11:24:42 AM - G - Gapped down today amid widespread market weakness, particularly in the Retail/Apparel groups. Deterioration below the recent low ($40.91 on 4/24/12) has raised more serious concerns. Earnings growth for the quarter ended March 31, 2012 versus the year ago period was below the +25% minimum guideline.
5/3/2012 12:49:22 PM - G - Rebounding from earlier lows following a gap down today after reporting earnings +22% on +60% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Color code was changed to green based on fundamental and technical concerns after failing to break out from the previously noted "double bottom" base pattern. No recent buy signal was triggered. Sales revenues had shown impressive acceleration in the Jun, Sep, and Dec '11 quarterly comparisons with earnings increases above the +25% minimum guideline in the Sep and Dec '11 comparisons. Deterioration below the recent low ($40.91 on 4/24/12) would raise more serious concerns.
5/3/2012 10:12:49 AM - G - Gapped down today after reporting earnings +22% on +60% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Color code is changed to green based on fundamental and technical concerns after failing to break out from the previously noted "double bottom" base pattern. No recent buy signal was triggered. Sales revenues had shown impressive acceleration in the Jun, Sep, and Dec '11 quarterly comparisons with earnings increases above the +25% minimum guideline in the Sep and Dec '11 comparisons. Deterioration below the recent low ($40.91 on 4/24/12) would raise more serious concerns.
5/2/2012 4:00:16 PM - Y - Up today with lighter but above average volume, rising near its pivot point and 52-week high. Due to report earnings on Thursday, may 3rd. Color code was changed to yellow with pivot point cited based on its 3/26/12 high while it is still working on a "double bottom" base pattern. Sales revenues showed impressive acceleration in the Jun, Sep, and Dec '11 quarterly comparisons with earnings increases above the +25% minimum guideline in the 2 latest comparisons. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal, meanwhile it is ideal for investors' watchlists.
4/27/2012 1:11:00 PM - Y - Color code is changed to yellow with pivot point cited based on its 3/26/12 high while it is still working on a "double bottom" base pattern. Sales revenues showed impressive acceleration in the Jun, Sep, and Dec '11 quarterly comparisons with earnings increases above the +25% minimum guideline in the 2 latest comparisons. Subsequent volume-driven gains above the pivot point may trigger a technical buy signal, meanwhile it is ideal for investors' watchlists.
3/1/2012 1:52:59 PM - Hitting a new 52-week high with a volume driven gain today and there is no resistance remaining due to overhead supply. The 2/14/12 mid-day report noted its prior breakout form an advanced "3-weeks tight" base and now it is getting extended from prior highs in the $41 area. Reported earnings +34% on +74% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Sales revenues showed impressive acceleration in the Jun, Sep, and Dec '11 quarterly comparisons with earnings increases above the +25% minimum guideline in only the 2 latest comparisons.
2/21/2012 1:23:59 PM - Churning at its 52-week high today. Reported earnings +34% on +74% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Last noted in the 2/14/12 mid-day report while rallying for a volume-driven gain after forming a previously noted advanced "3-weeks tight" pattern - "There is no resistance remaining due to overhead supply. Sales revenues showed impressive acceleration in the Jun and Sep '11 quarterly comparisons with better earnings increases versus the year earlier. It had slumped below its 200 DMA line while consolidating since last noted in the 7/13/11 mid-day report - 'Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively.'"
2/14/2012 12:53:50 PM - Hitting a new 52-week high today with a volume-driven gain after forming a previously noted advanced "3-weeks tight" pattern. Due to report earnings for the Dec '11 quarter on the morning of 2/21/12. The 2/13/12 mid-day report noted - "There is no resistance remaining due to overhead supply. Sales revenues showed impressive acceleration in the Jun and Sep '11 quarterly comparisons with better earnings increases versus the year earlier. It had slumped below its 200 DMA line while consolidating since last noted in the 7/13/11 mid-day report - 'Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively.'"
2/13/2012 12:10:59 PM - Perched near its 52-week high today after forming a previously noted advanced "3-weeks tight" pattern, and there is no resistance remaining due to overhead supply. Sales revenues showed impressive acceleration in the Jun and Sep '11 quarterly comparisons with better earnings increases versus the year earlier. It had slumped below its 200 DMA line while consolidating since last noted in the 7/13/11 mid-day report - "Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively."
2/8/2012 1:07:20 PM - Perched near its 52-week high today forming an advanced "3-weeks tight" pattern, and there is no resistance remaining due to overhead supply. Sales revenues showed impressive acceleration in the Jun and Sep '11 quarterly comparisons with better earnings increases versus the year earlier. It had slumped below its 200 DMA line while consolidating since last noted in the 7/13/11 mid-day report - "Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively."
7/13/2011 1:11:27 PM - Still perched near its 52-week high today, clear of all resistance. Found support after undercutting its 50 DMA line while consolidating since noted in the 5/31/11 mid-day report - "Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. Stayed well above prior highs in the $46-47 and its 50 DMA line during its pullbacks after volume-driven gains helped it clear the previously noted cup-with-handle base formed. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively."
7/12/2011 1:18:16 PM - Perched near its 52-week high today, clear of all resistance. Found support after undercutting its 50 DMA line while consolidating since last noted in the 5/31/11 mid-day report - "Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. Stayed well above prior highs in the $46-47 and its 50 DMA line during its pullbacks after volume-driven gains helped it clear the previously noted cup-with-handle base formed. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively."
5/31/2011 1:04:44 PM - Reversed into the red after it hit a new 52-week high today. It is clear of all resistance. Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. Stayed well above prior highs in the $46-47 and its 50 DMA line during its pullbacks after volume-driven gains helped it clear the previously noted cup-with-handle base formed. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively.
5/26/2011 1:49:36 PM - Rallied to a new 52-week high today, clear of all resistance. Below guidelines earnings +15% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period raised concerns. Stayed well above prior highs in the $46-47 and its 50 DMA line during its pullbacks after volume-driven gains helped it clear the previously noted cup-with-handle base formed. SHOO was dropped from the Featured Stocks list on 1/21/11 and it found support near its 200 DMA line then rebounded impressively.
5/11/2011 1:29:11 PM - Stubbornly held its ground and rallied to a new 52-week high since the 5/05/11 mid-day report noted - "Reported earnings +15% on +26% sales for the quarter ended March 31st. Perched near its 52-week high. Prior highs in the $46-47 area may now act as support on pullbacks. A recent spurt of volume-driven gains helped it clear a cup-with-handle base formed since it was dropped from the Featured Stocks list on 1/21/11. It found support near its 200 DMA line in the interim."
5/5/2011 11:54:50 AM - Reported earnings +15% on +26% sales for the quarter ended March 31st. Perched near its 52-week high. Prior highs in the $46-47 area may now act as support on pullbacks. A recent spurt of volume-driven gains helped it clear a cup-with-handle base formed since it was dropped from the Featured Stocks list on 1/21/11. It found support near its 200 DMA line in the interim.
4/5/2011 1:19:55 PM - Rallying to new 52-week highs this week, clear of overhead supply, and its Relative Strength rank has improved to 81. Disciplined investors way watch for secondary buy points to develop and be noted. Prior highs in the $46-47 area may now act as support on pullbacks. A recent spurt of volume-driven gains helped it clear a cup-with-handle base formed since it was dropped from the Featured Stocks list on 1/21/11. It found support near its 200 DMA line in the interim.
1/21/2011 5:37:00 PM - More distributional pressure led to a close today -18.6% off its 52-week high and it slumped below previously cited support at prior highs near $40, raising serious concerns and triggering a technical sell signal. Based on weak action if will be dropped from the Featured Stocks list tonight. Its 200 DMA line may now act as support.
1/19/2011 7:50:48 PM - G - Distributional pressure led to a close today -15.2% off its 52-week high. It remains perched above previously cited support at prior highs near $40. Meanwhile, more damaging losses would raise serious concerns. Its downward sloping 50 DMA line may now act as resistance.
1/18/2011 5:12:29 PM - G - Consolidating -12% off its 52-week high, perched above previously cited support at prior highs near $40. Meanwhile, more damaging losses would raise serious concerns. Its downward sloping 50 DMA line may now act as resistance.
1/13/2011 6:49:24 PM - G - Slumped back toward support at prior highs near $40 with another loss today on above average volume. Its downward sloping 50 DMA line may now act as resistance.
1/12/2011 4:36:20 PM - G - Rallied up from support at prior highs near $40, posting a considerable gain today backed by 2 times average volume. Its downward sloping 50 DMA line may now act as resistance.
1/6/2011 5:18:20 PM - G - Reversed for a loss after initially rallying up near its 50 DMA line today. Technical damage has raised concerns, while prior highs near $40 define the next chart support level to watch.
1/5/2011 6:47:10 PM - G - Up with below average volume today. Recent slump below its 50 DMA line and prior lows raised concerns as technical damage mounted. Prior highs near $40 define the nearest chart support.
1/4/2011 2:34:33 PM - G - Down with above average volume today, slumping further below its 50 DMA line and prior lows and raising greater concerns as technical damage mounts. Prior highs near $40 define the nearest chart support.
12/31/2010 6:27:38 PM - G - Today's 4th consecutive loss has it slumping further below its 50 DMA line and prior lows, raising greater concerns while triggering technical sell signals, even though volume totals have been below average. Old highs near $40 define the nearest chart support below its short-term average.
12/30/2010 1:18:41 PM - G - Today's 3rd consecutive loss has it slumping further below its 50 DMA line and prior lows, raising greater concerns. Higher volume than the prior session behind its loss is considered a sign of mildly damaging distributional pressure triggering technical sell signals, even though volume totals have been below average. Old highs near $40 define the nearest chart support below its short-term average.
12/28/2010 4:08:08 PM - G - Loss today with near average volume violated its 50 DMA line. Finished the session under its recent low close, raising more serious concerns. More damaging losses may trigger technical sell signals.
12/22/2010 5:25:50 PM - G - Closed near the session low today, slumping amid widespread weakness Retail/Apparel stocks. The slump back below its old high closes raised concerns, and its 50 DMA line and recent lows define important support to watch, where violations would raise more serious concerns and trigger technical sell signals.
12/21/2010 2:33:52 PM - G - Gain today without great volume conviction helps it rebound further above its old high closes. Found prompt support near its 50 DMA line again recently.
12/17/2010 6:13:29 PM - G - Held its ground after a considerable gain helped it rebound back above its old high closes this week, a sign of prompt support near its 50 DMA line again.
12/16/2010 6:20:37 PM - G - Considerable gain today helped it rebound back above its old high closes, a sign of prompt support near its 50 DMA line again.
12/15/2010 4:12:13 PM - G - Considerable loss on heavier volume today raised concerns as it finished below its old high close, completely negating the latest breakout. It sank near its 50 DMA line which acted as a support level recently.
12/10/2010 2:23:05 PM - G - Holding its ground above prior highs since its solid gain on 12/07/10 with +90% above average volume. Prior highs in the $44 area define initial support to watch on pullbacks.
12/7/2010 5:37:19 PM - G - Solid gain today with +90% above average volume lifted it to a close above its "max buy" level. Color code is changed to green. Prior highs in the $44 area define initial support to watch on pullbacks.
12/6/2010 4:57:11 PM - Y - Loss on above average volume today was a sign of distributional pressure, yet it remains above its latest pivot point. Its 11/29/10 gain with twice average volume met the guidelines for a new (or add-on) technical buy signal. No resistance remains due to overhead supply.
12/3/2010 5:43:46 PM - Y - Holding its ground with volume totals cooling since its 11/29/10 gain above the new pivot point cited with twice average volume met the guidelines for a new (or add-on) technical buy signal. No resistance remains due to overhead supply.
12/1/2010 6:04:42 PM - Y - Touched another new 2010 high today with a gain on near average volume. Its 11/29/10 gain above the new pivot point cited with twice average volume met the guidelines for a new (or add-on) technical buy signal. No resistance remains due to overhead supply
11/30/2010 5:55:25 PM - Y - Hit another new 2010 high today but then reversed into the red. Its 11/29/10 gain above the new pivot point cited with twice average volume met the guidelines for a new (or add-on) technical buy signal. No resistance remains due to overhead supply, but the questionable M criteria is an overriding concern impacting new buying efforts until a follow-through day occurs.
11/29/2010 12:48:58 PM - Y - Hit a new 2010 high today, trading above the new pivot point recently cited with above average volume. No resistance remains due to overhead supply, but the questionable M criteria is an overriding concern impacting new buying efforts until a follow-through day occurs.
11/26/2010 1:08:43 PM - Y - Perched at new 2010 highs after a streak of 6 consecutive gains. Color code was changed to yellow with new pivot point cited. No resistance remains due to overhead supply. Recently found support above its 50 DMA line and prior chart highs in the $40 area.
11/23/2010 8:14:00 PM - Y - Color code is changed to yellow with new pivot point cited. No resistance remains due to overhead supply, and above average volume was behind today's 5th consecutive gain as it hit and closed at new 2010 highs. Recently found support above its 50 DMA line and prior chart highs in the $40 area.
11/23/2010 5:22:54 PM - G - No resistance remains due to overhead supply, and above average volume was behind today's 5th consecutive gain as it hit and closed at new 2010 highs. Recently found support above its 50 DMA line and prior chart highs in the $40 area.
11/19/2010 3:28:54 PM - G - Gains this week have come on light volume after finding support above its 50 DMA line and prior chart highs in the $40 area. Previously noted it forming a "double bottom" type base short of the minimum 8-weeks length of a proper double bottom pattern.
11/17/2010 3:16:02 PM - G - Gain today on light volume, still finding support above its 50 DMA line and prior chart highs in the $40 area. It may be forming a "double bottom" type base, but it is currently short of the minimum 8-weeks length of a proper double bottom pattern. More damaging losses leading to a close below its short-term average would raise concerns and trigger technical sell signals.
11/15/2010 4:48:43 PM - G - Still finding support just above its 50 DMA line and prior chart highs in the $40 area. More damaging losses leading to a close below its short-term average would raise concerns and trigger technical sell signals.
11/11/2010 4:25:00 PM - G - Recently finding support above its 50 DMA line and prior chart highs in the $40 area. More damaging losses leading to a close below its short-term average would raise concerns and trigger technical sell signals.
11/8/2010 5:02:33 PM - G - Recently finding support near its 50 DMA line and prior chart highs in the $40 area. More damaging losses leading to a close below its short-term average would raise concerns and trigger technical sell signals.
11/2/2010 10:16:31 AM - G - Gapped down today following earnings news. After initial weakness it is up from early lows below its 50 DMA line and prior chart highs in the $40 area. Prompt support is an encouraging sign, and a finish near the session high would be reassuring, meanwhile, a weak close may not bode well and could negate all of the bullish action following its latest technical breakout.
11/1/2010 4:12:57 PM - G - High volume and lack of progress above its "max buy" level today is indicative of distributional pressure. Support is defined by prior highs and its 50 DMA line in the $40 area.
10/29/2010 4:50:32 PM - G - Hovering above its "max buy" level and enduring mild distributional pressure this week. Support is defined by prior highs and its 50 DMA line in the $50 area.
10/25/2010 5:16:29 PM - G - Rallying back above its "max buy" level and its color code is changed to green. Found support above prior highs in the $40 area while recently enduring mild distributional pressure More damaging losses would raise concerns.
10/21/2010 2:50:21 PM - Y - Recently, mild distributional pressure has it pulling back toward prior highs in the $40 area that define important chart support. More damaging losses would raise concerns.
10/20/2010 4:59:02 PM - Y - Up today with lighter volume after a considerable loss with higher volume, quickly slumping under its "max buy" level toward prior highs in the $40 area that define important chart support. Color code was changed to yellow, while more damaging losses could raise concerns.
10/19/2010 3:42:03 PM - Y - Considerable loss today with near average but higher volume, quickly slumping under its "max buy" level toward prior highs in the $40 area that define important chart support. Color code is changed to yellow, while more damaging losses could raise concerns.
10/15/2010 6:34:20 PM - G - Hovering near its 52-week high, stubbornly holding its ground with volume totals cooling. Prior highs in the $40 area define chart support to watch now.
10/8/2010 3:58:00 PM - G - Hit yet another new 52-week high with today's gain on light volume. Prior highs in the $40 area define chart support to watch now. Color code was changed to green after getting extended more than +5% above its prior highs.
10/7/2010 1:18:50 PM - G - Touched another new 52-week high today. Prior highs in the $40 area define chart support to watch now. Color code was changed to green after getting extended more than +5% above its prior highs.
10/5/2010 3:37:20 PM - G - Gapped up today for a considerable gain and new 52-week high. Color code is changed to green after getting extended more than +5% above its prior highs.
9/30/2010 3:56:06 PM - Y - Down on light volume today after 2 consecutive gains with above average volume for new 52-week highs. A solid gain on 9/28/10 with +50% above average volume triggered a technical buy signal.
9/29/2010 4:57:08 PM - Y - Posted a 2nd consecutive gain today with above average volume hitting new 52-week highs. A solid gain on 9/28/10 with +50% above average volume triggered a technical buy signal.
9/28/2010 4:34:48 PM - Y - Overcame early weakness today and rallied for a solid gain with +50% above average volume, triggering a technical buy signal and hitting a new 52-week high.
9/24/2010 3:56:19 PM - Y - Gapped up today for a gain, yet volume is light for the session as it is heading for a close near its August highs and about -4% from its 52-week high.
9/22/2010 2:45:52 PM - Y - Holding its ground, quietly perched near its August high and only -5.8% from its 52-week high. New pivot point was cited based on its 7/30/10 high plus ten cents.
9/20/2010 5:26:09 PM - Y - Gain today with light volume helped it close 2 cents above its August high close and -3.3% from its 52-week high. New pivot point was cited based on its 7/30/10 high plus ten cents.
9/15/2010 11:42:29 AM - Y - Rallying today within close striking range of its August high and its 52-week high. New pivot point is cited today based on its 7/30/10 high plus ten cents.
9/13/2010 10:53:40 AM - Y - Gapped up today. Volume totals have cooled while recently consolidating. Gains above the pivot point previously cited are still needed to confirm a proper technical buy signal.
9/8/2010 6:25:48 PM - Y - Volume totals have cooled while recently consolidating. Color code was changed to yellow, and subsequent gains above the pivot point previously cited are still needed to confirm a proper technical buy signal.
9/3/2010 6:16:41 PM - Y - Gapped up today for a 4th consecutive gain. Color code is changed to yellow while subsequent gains above the pivot point previously cited are still needed to confirm a proper buy signal.
9/1/2010 2:07:38 PM - G - Rising above its 50 DMA line on quiet volume amid widespread gains today. Support is defined by its 200 DMA line and prior chart lows in the $30 area.
8/30/2010 3:23:38 PM - G - Considerable loss today, violating its 50 DMA line and recent lows, raising concerns. The next support is at its 200 DMA line and prior chart lows in the $30 area.
8/27/2010 6:18:47 PM - G - Consolidating just above its 50 DMA line. The next support is at its 200 DMA line and prior chart lows in the $30 area.
8/25/2010 5:44:38 PM - G - Posted a gain today on lighter volume to close just above its 50 DMA line. The next support is at its 200 DMA line and prior chart lows in the $30 area.
8/24/2010 8:04:40 PM - G - Closed just below its 50 DMA line today with a loss on volume slightly above average.
8/20/2010 5:21:28 PM - G -Consolidating just above its 50 DMA line with volume totals cooling, finishing -11.5% off its 52-week high.
8/19/2010 4:35:47 PM - G - Recently found support near its 50 DMA line, however it retraced more than half of the depth of the previously noted cup shaped pattern.
8/18/2010 5:35:24 PM - G - Average volume marked today's 3rd consecutive gain after it found support near its 50 DMA line. It recently retraced more than half of the depth of the previously noted cup shaped pattern.
8/18/2010 12:11:03 PM - G - Found support near its 50 DMA line while recently retracing more than half of the depth of the previously noted cup shaped pattern.
8/17/2010 4:28:53 PM - G - Posted a second gain on light volume after halting its slide near its 50 DMA line. Its color code was changed to green.
8/13/2010 5:02:53 PM - G - Down today on light volume. Slumping near its 50 DMA line with its 6th consecutive loss, its color code is changed to green.
8/11/2010 11:40:28 AM - Y - Gapped down today amid broad-based market weakness, forming a handle after a 16-week cup shaped pattern. A technical breakout above the $40 threshold would trigger a buy signal, meanwhile it is ideal for disciplined investors' watchlists.
8/10/2010 3:36:15 PM - Y - Pulling back today with a loss on above average volume after a 16-week cup shaped base. A proper "handle" forms over a minimum of 1 week and includes a pullback in the 10-12% range on light volume.
8/9/2010 4:54:03 PM - Y - Perched near its all-time high and still working on the right side of a 16-week cup shaped base without a handle. A proper "handle" forms over a minimum of 1 week and includes a pullback in the 10-12% range.
8/6/2010 1:07:54 PM - Y - Perched near its all-time high and still working on the right side of a 15-week cup shaped base without a handle. A proper "handle" forms over a minimum of 1 week and includes a pullback in the 10-12% range. Color code was changed to yellow with pivot point cited based on its 52-week high plus ten cents when featured in the 8/05/10 mid-day report (read here). As noted 7/30/10 - "It has the look of a big base-on-base type pattern now with prior resistance near $40. Recent quarters showed accelerating sales revenues and earnings increases since last noted in the 4/30/10 mid-day report. The high-ranked Apparel firm's quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its annual earnings history (A criteria) since FY '07 has been good."
8/5/2010 5:59:21 PM - Y - Closed -3.3% of its 5/03/10 all-time high today while working on the right side of a 15-week cup shaped base without a handle. A proper "handle" forms over a minimum of 1 week and includes a pullback in the 10-12% range. Color code was changed to yellow with pivot point cited based on its 52-week high plus ten cents when featured in the mid-day report (read here). As noted 7/30/10 - "It has the look of a big base-on-base type pattern now with prior resistance near $40. Recent quarters showed accelerating sales revenues and earnings increases since last noted in the 4/30/10 mid-day report. The high-ranked Apparel firm's quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its annual earnings history (A criteria) since FY '07 has been good."
8/5/2010 1:08:49 PM - Y - Within -4% of its 5/03/10 all-time high, now working on the right side of a 15-week cup shaped base without a handle. A proper "handle" forms over a minimum of 1 week and includes a pullback in the 10-12% range. Color code is changed to yellow with pivot point cited based on its 52-week high plus ten cents. As noted in the 7/30/10 mid-day report - "It has the look of a big base-on-base type pattern now with prior resistance near $40. Recent quarters showed accelerating sales revenues and earnings increases since last noted in the 4/30/10 mid-day report. The high-ranked Apparel firm's quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its annual earnings history (A criteria) since FY '07 has been good."
7/30/2010 1:58:53 PM - It has reversed into the red after today's gap up gain helped it nearly challenge its 5/03/10 all-time high, working on the right side of a 14-week cup shaped base. Patient investors may watch for an ideal base and proper technical buy point. Technically, as noted earlier, its gain on 3/01/10 with volume helped it break out from an orderly base. It has the look of a big base-on-base type pattern now with prior resistance near $40. Recent quarters showed accelerating sales revenues and earnings increases since last noted in the 4/30/10 mid-day report. The high-ranked Apparel firm's quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its annual earnings history (A criteria) since FY '07 has been good.
4/30/2010 2:26:58 PM - Gapped up today for another new all-time high. Earnings news is due on Tuesday, May 4th. It is very extended from prior chart highs in the $45 area. As noted in recent mid-day reports, "The high-ranked Apparel firm followed through to new highs with gains backed by above average volume after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline."
4/8/2010 1:35:24 PM - Hit another new all-time high today, getting extended from prior chart highs in the $45 area. As noted in recent mid-day reports, "The high-ranked Apparel firm followed through to new highs with gains backed by above average volume after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline."
4/7/2010 1:03:33 PM - Hit a new 52-week high and all-time high today with another solid gain. As noted in recent mid-day reports, "The high-ranked Apparel firm followed through to new highs with gains backed by above average volume after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline."
4/6/2010 1:38:14 PM - Perched near its 52-week high and all-time high. As noted in recent mid-day reports, "The high-ranked Apparel firm followed through to new highs with gains backed by above average volume after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline."
4/1/2010 1:27:04 PM - Dipped back into the red after touching another new 52-week high and all-time high earlier today. The high-ranked Apparel firm followed through to new highs with gains last week backed by above average volume after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline.
3/29/2010 1:16:36 PM - Touching another new 52-week high and all-time high today. The high-ranked Apparel firm followed through to new highs with gains last week backed by above average volume after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline.
3/26/2010 12:38:45 PM - Hit another new 52-week high and all-time high today. The high-ranked Apparel firm has been following through to new highs this week after a brief consolidation above its prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline.
3/23/2010 1:08:44 PM - Hit a new 52-week high and all-time high with a solid gain today after a brief consolidation above prior chart highs. Technically, its gain on 3/01/10 with volume helped it break out from an orderly base. Quarterly earnings increases have been well above the +25% guideline, satisfying the C criteria. Its up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been in the +7% to +17% range, not especially strong or meeting the +25% guideline.
10/20/2009 1:29:35 PM - Gapped up today for a big gain, rallying to a new 52-week high and briefly topping its $44 all-time high from 2006. Up and down annual (the A criteria) earnings history makes it a sub par candidate, and sales revenues increases have been below guidelines.
4/23/2009 11:54:03 AM - Gapped up today for a big gain, rallying toward its 52-week high in the $29 area after reporting encouraging pre-earnings guidance. Up and down annual (the A criteria) earnings history makes it a sub par candidate.
10/27/2006 12:57:08 PM - Base somewhat questionable.