"
Since 1996, Providing Essential Services for the CAN SLIM® Investor"

 DAILY AFTER-MARKET UPDATE
Thursday, May 29, 2008 | 6:51PM

Home | CANSLIM.net StockNews Archive | Renew Your Subscription | Your Profile | Opt Out | Help


Indices       NYSE       Nasdaq    
Dow +52.19 12,646.22 +0.41%   Volume 3,849,049,750 -2% Volume 1,958,415,500 +6%
Nasdaq +21.62 2508.32 +0.87% Advancers  2,034 59% Advancers  1,747 58%
S&P 500 +7.42 1,398.26 +0.53% Decliners  1,303 38% Decliners  1,129 37%
Russ. 2000 +7.09 745.55 +0.96% 52 Wk Highs 65   52 Wk Highs 92  
S&P 600 +3.17 393.18 +0.81% 52 Wk Lows 73   52 Wk Lows 87  

 CLOSING  MARKET COMMENTARY  
Stronger Greenback Results in Commodities' Pullback

The major averages posted gains on Day 3 of their current rally attempt. Volume totals were reported higher than the prior session totals but near average on the Nasdaq exchange and on the NYSE. Advancers led decliners by a 20-to-13 ratio on the NYSE and by a 17-to-11 ratio on the Nasdaq exchange. There were 53 high-ranked companies from the CANSLIM.net Leaders List that made a new 52-week high, up from 29 on the prior session. The total number of stocks making new 52-week highs outnumbered stocks making new 52-week lows on the Nasdaq exchange while new lows outnumbered new highs on the NYSE.

Charts courtesy www.stockcharts.com

Financial companies rallied, helped by credit card giants MasterCard Inc. (MA +7.71%) and Visa Inc (V +4.06%). Mastercard gapped up and surged to a new all-time high as it broke out of a short flat base after 4-weeks of quiet consolidation in a tight trading range. Mastercard sports high ranks and has been a strong leader for most of 2008. At the same time, Visa, which came public in the first quarter of 2008, also has been a stellar performer. Certain other financial stocks have also rallied, and may continue to do so on the heels of the latest bullish action. However, not all financial firms are strong, as mortgage-related businesses have clearly lagged and the Finance - Mortgage & Related Services group is in the bottom quartile of the 197 Industry Groups list.

Elsewhere, the US government revised its reading on first quarter gross domestic product (GDP). The government said that the economy grew by +0.9% which was greater than the initial reading of +0.6% estimate. The trade deficit also shrink to a five-year low thanks to lower imports. Friday will be Day 4 of the current rally attempt, which means that a new follow-through day could emerge at any time to provide reassurances for investors looking to buy. A solid follow-through day requires an expansion of leadership and a meaningful gain of at least +1.7% from one or more of the major averages, and the gains must come with heavier volume than the prior session. Then there is evidence of institutional buying demand returning to the market, which is no guarantee, but at least the M criteria helps to confirm that investors' odds of success are better.

PICTURED: The Nasdaq Composite rallied back up toward its 200-day moving average (DMA) line. The tech-heavy index encountered resistance near its November lows after recently trading above that long-term moving average.  It is likely to require more leadership from the tech sector for the Nasdaq Composite to make meaningful headway above that near-term technical resistance level.

Adam Sarhan,  Contributing Writer, www.CANSLIM.net


Adam Sarhan is a Registered Representative and Vice President of Investments with Source Capital Group (Member FINRA,SIPC) and offers a suite of services for individual and institutional investors. Mr. Sarhan earned a BA and MA in Political Science from Florida Atlantic University and he is well versed in capital markets. In addition, Mr. Sarhan completed the CAN SLIM® Masters Program presented by Investor's Business Daily. Investors with a significant financial interest may inquire about opening an account by calling the office locally at 954-785-1990 or 1-888-237-8399 or emailing to asarhan@sourcegrp.com. Further information is always available upon request. Contact us if you know anyone that may have an interest in receiving this or any of our other products.
asarhan@sourcegrp.com

The recommendations made by CAN SLIM
® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Source Capital Group, Inc. 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. Source Capital Group, Inc. is a FIRNA/SIPC member firm.

 INDUSTRY  GROUP  WATCH  
The commentary and table below will show you important industry and/or sector information through today's close. Tracking certain areas or sectors for leadership characteristics helps you to find individual stocks with the "L" in CAN SLIM® - Leaders in a leading group

Dollar Strength Results in Lower Commodity Prices

The Gold & Silver Index ($XAU -4.06%) fell hard on Thursday while the US dollar showed strength against other currencies and commodities.  The energy group was also weak as the Oil Services Index ($OSX -2.59%) and the Integrated Oil Index ($XOI -1.80%) fell. Most other areas were a positive influence on the major averages as the Broker/Dealer Index ($XBD +1.42%) and Bank Index ($BKX +1.59%) posted gains along with the Retail Index ($RLX +1.46%).  The Biotechnology Index ($BTK +2.87%) and Healthcare ($HMO +2.10%) group also posted solid gains. Meanwhile, the tech sector showed mixed results as the Semiconductor Index ($SOX -0.41%) fell, the Internet Index ($DOT +0.84%) notched a gain, and the Networking Index ($NWX +0.05%) ended flat.

Charts courtesy www.stockcharts.com

PICTURED 1The Broker/Dealer Index ($XBD +1.42%) posted a solid gain and closed back above its 50-day moving average (DMA) line.

Charts courtesy www.stockcharts.com

PICTURED 2The Retail Index ($RLX +1.46%) also closed back above its 50 DMA line.

- by Kenneth J. Gruneisen, Founder & Contributing Writer, www.CANSLIM.net

Microsoft OLE DB Provider for SQL Server error '80040e07'

Error converting data type varchar to float.

/cnnews/pcbor/industrygroups.asp, line 34

Industry Index Symbol Close Change % Change YTD % Change
FEATURED  STOCKS UPDATE  

Latest Notes on All Featured Stocks | Recently Featured Stock Updates

The stocks below have been recently featured by CANSLIM.net. Our experts monitor these stocks and post updates on noteworthy action here.

Electrical Equipment Firm Showing Healthy Consolidation After Recent BreakOut

Healthy stocks that are within close striking distance of new highs are often great buy candidates for investors to keep on their watch lists, especially when the companies match favorably with all of the investment system's criteria.  When a stock is more than -10% off its 52-week high, and if it has violated its 50-day moving average (DMA) line, then the outlook only gets worse and worse as it spends a greater period of time trading deeper under that important short-term average line. By the time a stock's 50 DMA line starts sloping downward it should also be acknowledged that the stock has been struggling for a long while, in which case it might be time to reduce exposure and look for places to put that money to work in stronger buy candidates.

EnerSys (ENS -$0.09 or -0.29% to $30.91) continued consolidating above its prior chart highs, and since it is above its max buy level it is considered too "extended" from a proper buy point now. Going forward, its prior chart highs in the $28 area will likely act as a chart support level, with its 50 DMA line much lower as its next important support level. ENS sports strong ranks; an Earnings Per Share (EPS) and Relative Strength (RS) rating are both 97.  This stock first featured on Monday, May 12, 2008 in the CANSLIM.net Mid Day Breakouts Report (read here) a $28.35 pivot point and a $29.77 maximum buy price and the following note: "Y - High-ranked leader challenging prior chart highs in the $28 area with little resistance now remaining due to overhead supply. Earnings and sales improved nicely and showed good acceleration in the last 3 quarterly comparisons." Other strong leadership (the L criteria) in the group includes Jinpan International Ltd (JST) and Ametek Inc (AME), both of which are currently included on the CANSLIM.net Featured Stocks list.  Market conditions (the M criteria) currently argue against any new buys, so ENS is a strong candidate that should remain on an active watch list until the market produces a new follow-through day and the stock triggers a fresh technical buy signal. Remember to always limit losses per the 7-8% sell rule, and never hold a stock if it falls more than that from your purchase price.

C A N S L I M | StockTalk | News | Chart | SEC | Zacks Reports | Daily Graphs Online  Stock Checkup IBD Graphs

Click Here To Get Access To More Graphs Like This!

View all notes | Alert me of new notes | CANSLIM.net Company Profile

- by Kenneth J. Gruneisen, Founder & Contributing Writer, www.CANSLIM.net

Kenneth J. Gruneisen -  Has successfully completed the CAN SLIM® Certification Program.  Mr. Gruneisen is a Registered Principal and manages a Source Capital Group Member FINRA,SIPC) branch office offering personalized assistance. Investors with a significant financial interest in equities may inquire about opening an account by calling the office locally at (954) 785-1990 or 1-888-237-8399 or emailing to kgruneisen@sourcegrp.com  Further information is always available upon request. Contact us if you know anyone that may have an interest in receiving this or any of our other reports.

The recommendations made by CAN SLIM® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Source Capital Group, Inc. 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. Source Capital Group, Inc. is a FINRA/SIPC member firm.

  Y - Today's better buy candidates based on the CAN SLIM® investment system and  highlighted by our staff of experts.   G - Previously featured in this report as yellow and now may no longer be buyable under the guidelines.

NOTE : ADDED FEATURES: Click the company name to view each selection's CANSLIM.net Stock Profile including a full summary of recent and previous analysis by our experts. On the CANSLIM.net Featured Stocks Page you can now click the column headings to alternately sort all currently Featured Stocks in ascending/descending order.
Daily Graphs Online Denotes link to Daily Graphs Online®


Last Updated Thursday, May 29, 2008 at 4:40:00 PM by Kenneth Gruneisen and the expert staff at CANSLIM.net

Export to Excel (Most recent data)

Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
PCLN - NASDAQ
Priceline.Com Inc
INTERNET - Internet Software & Services
 
$131.94 -2.19 951911
(65.76%)
11/9/2007 $101.48 PP = $129.34
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $135.81
Most Recent Note - 5/29/2008 6:36:26 PM
Y - Trading quietly above support at its 50 DMA line after recently pulling back under its max buy level. As previously noted, "Patience may allow for accumulation on light volume pullbacks." Its earnings growth rate has been stellar - satisfying the C and A criteria. Gapped up on 5/09/08 after reporting solid sales and earnings increases for the latest quarter ended March 31, 2008 and providing stronger guidance. Confirming group leadership (the L criteria) came from Google after its latest earnings report. See the Featured Stock Update section of the 4/14/08 CANSLIM.net After Market Update for analysis and an annotated graph demonstrating how it found great support in recent weeks near its 50 DMA line, an important short term average where healthy stocks typically find support from institutional investors (read here). Its 4/18/08 gap up was a previously noted bullish technical indication of institutional accumulation (the I criteria) during its latest base. PCLN has traded up as much as +50% above the pivot point noted when featured in the 11/09/07 CANSLIM.net Mid-Day BreakOuts Report (read here).
View all notes | Alert me of new notes | CANSLIM.net Company Profile
TDY - NYSE
Teledyne Tech Inc
DIVERSIFIED SERVICES - Technical Services
 
$55.46 +1.06 242607
(80.09%)
6/14/2005 $33.83 PP = $57.31
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $60.18
Most Recent Note - 5/29/2008 3:14:01 PM
Y - Gain today on light volume is helping it repair some of the recent technical damage caused by a streak of 6 consecutive losses leading to deterioration under its 12/24/07 high close of $56.99. The recent weakness raised concerns by falling under its pivot point. Its 50 & 200 DMA lines may act as support in the $51-52 area. Now it faces resistance up through $60 after consolidating at higher levels in recent weeks. See the Featured Stock Update section of 4/29/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Considerable gain with heavy volume on 4/23/08 helped it blast to its prior chart highs in the $57 area after reporting its latest quarterly financials. Earnings growth in the 2 latest quarters has improved by above the +25% guideline (good C criteria) and it has a good annual earnings (A criteria). See Featured Stock Update section in tonight's report for a detailed analysis. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
RIMM - NASDAQ
Research In Motion Ltd
TELECOMMUNICATIONS - Diversified Communication Serv
 
$138.98 +1.18 13648383
(67.81%)
12/1/2003 $7.62 PP = $135.95
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $142.75
Most Recent Note - 5/29/2008 3:10:26 PM
Y - Gains on light volume have it edging above its latest pivot point after a pullback below it last week. Gapped up on 5/12/08 above prior week's high and traded to new all-time highs with considerable gains backed by volume +61% above its average daily trading pace helping confirm a technical buy signal. There is no resistance due to overhead supply now, having recovered impressively while its fundamentals remained strong. Based on weak technical action, it was dropped from the Featured Stocks list on 1/7/08. Coverage on 11/12/07 highlighted analysis of its 50-day moving average violation that followed a huge run up (see details and annotated graph here). This long-time favorite rose at least 16-fold after first featured in the December 2003 issue of our monthly newsletter, CANSLIM.net News (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
RIG - NYSE
Transocean Inc
ENERGY - Oil & Gas Drilling & Explorati
 
$152.08 -5.73 9205637
(134.89%)
11/1/2007 $123.59 PP = $160.40
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $168.42
Most Recent Note - 5/29/2008 3:08:58 PM
Y - Loss on heavier volume today, falling toward its 50 DMA line which is an important support level now. Featured in the 5/16/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Gapped up on 5/15/08 and 5/16/08, rallying from support near its 50 DMA line and earlier chart highs that were a resistance level near $145, now approaching all-time highs. It has high ranks and a great earnings history. It found support near its 200 DMA line and rebounded impressively since, based on weak technical action, it was dropped from the Featured Stocks list on 1/17/08. Featured in yellow in the 11/01/07 CANSLIM.net Mid-day Breakouts Report (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
PTNR - NASDAQ
Partner Communicatns Ads
TELECOMMUNICATIONS - Telecom Services - Foreign
 
$24.45 +0.06 245670
(101.56%)
3/14/2008 $22.91 PP = $24.05
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $25.25
Most Recent Note - 5/29/2008 3:07:30 PM
Y - Hovering near all-time highs and edging higher without great volume conviction behind recent gains since featured in the 5/21/08 CANSLIM.net Mid-Day Breakouts Report (read here). Good quarterly and annual earnings (C & A criteria) growth. Earnings increases have been greater than +25% in 7 of its 8 most recent quarterly comparisons versus the year earlier. Concerns have increased as the general market (M criteria) entered a correction this week, making it a much riskier time for any new buys. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
MATK - NASDAQ
Martek Biosciences Corp
DRUGS - Biotechnology
 
$37.44 +2.07 822047
(165.00%)
5/29/2008 $37.48 PP = $36.90
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $38.75
Most Recent Note - 5/29/2008 1:24:29 PM
Y - Hit new multi-year highs today with a considerable gain with volume running at an above average pace. Earnings and sales increases have improved in recent quarterly comparisons. Gapped up on 12/21/07 when we noted that its recent quarters showed improving sales and earnings. Featured in the August 2004 issue of CANSLIM.net News, but it later fell out of favor and was dropped from the Featured Stocks list, making it a "turn around story" now. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
MA - NYSE
Mastercard Inc Cl A
DIVERSIFIED SERVICES - Business/Management Services
 
$309.00 +22.11 12418390
(417.94%)
10/31/2007 $184.95 PP = $301.53
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $316.61
Most Recent Note - 5/29/2008 1:16:36 PM
Y - Gapped up today, hitting new all-time highs with a considerable gain on heavy volume lifting it above its latest pivot point. Keep in mind the market is currently in a correction (the M criteria) which is arguing against any new buying efforts, although such a bullish breakout may be considered tempting. While consolidating in a tight trading range with volume drying up its color code was changed to yellow with new pivot point and max buy levels recently noted. This high-ranked leader reported strong quarterly results on 4/29/08 and blasted higher. Updated on 3/23/08 in the Special Report Series (Part 1) - Dow Jones Industrial Average Follow Through (read here). Traded up as much as +58.7% since first featured in the November 2007 issue of CANSLIM.net News (read here). Number of top-rated funds owning an interest rose from 156 in Jun '07 to 273 in Mar '08, a strong sign of institutional buying demand (the I criteria). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ANSS - NASDAQ
Ansys Inc
COMPUTER SOFTWARE & SERVICES - Technical & System Software
 
$46.26 +2.48 2196322
(244.36%)
2/7/2005 $34.20 PP = $46.05
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $48.35
Most Recent Note - 5/29/2008 12:54:52 PM
Y - Gains today have it hitting new all-time highs above what may be called a high handle after pulling back and bouncing at support of prior chart highs in the $42 area. No resistance remains due to overhead supply and its up/down volume ratio of 1.4 is bullish. Its May breakout lacked great volume conviction, however it fully recovered since, based on weak technical action, it was dropped from the Featured Stocks list 1/11/2008. Its 12/21/07 gap up to a new all-time high with a considerable gain on above average volume prompted it to be featured in yellow in the CANSLIM.net Mid-Day BreakOuts Report (read here). However, the ongoing analysis has emphasized the point that a proper technical buy signal with sufficient volume behind confirming gains above its pivot did not materialize. High ranks and strong earnings history (good C and A criteria). Increasing ownership by top-rated funds, rising from 153 in Dec '06 to 203 in Sept '07, satisfies the I criteria. Further details in the January 2008 CANSLIM.net News (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
AFAM - NASDAQ
Almost Family Inc
HEALTH SERVICES - Home Health Care
 
$23.82 -0.08 92990
(119.99%)
5/21/2008 $24.27 PP = $23.22
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $24.38
Most Recent Note - 5/29/2008 12:43:44 PM
Y - It is edging above its max buy level and found prompt support last week after a pullback toward prior chart resistance in the $22-23 area. Featured in the 5/21/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Little resistance remains due to overhead supply. Good annual and quarterly earnings increases meet the C & A criteria. Its small supply of shares outstanding could contribute to greater volatility, especially if institutional investors rush in or out. This high-ranked leader is in an industry group that has mostly been lagging and is ranked near the bottom of the 197 industry groups list, however strength and leadership from others in the group including AMED and USPH provide some reassurance with respect to the L criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
NGS - AMEX
Natural Gas Services Grp
ENERGY - Oil & Gas Equipment & Services
 
$27.42 +0.00 89168
(44.70%)
5/21/2008 $30.31 PP = $29.82
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $31.31
Most Recent Note - 5/29/2008 12:37:03 PM
Y - Fell back toward its 50 DMA line, struggling since its negative reversal on 5/21/08. It was featured in the 5/21/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Deterioration under its pivot point has raised concerns. Multiple gains on above average volume in February helped it blast above its January highs, rising from a 6-week cup without a handle. High-ranked leader in the Oil & Gas - Machinery/Equip group (good L criteria) with a good annual and quarterly earnings growth history. Small supply of shares (the S criteria) could contribute to greater volatility. Good quarterly and annual earnings increases meet the C & A criteria, however sales revenues increases have been below the +25% guideline. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
NEOG - NASDAQ
Neogen Corp
DRUGS - Diagnostic Substances
 
$25.81 +0.29 42277
(99.95%)
2/21/2008 $27.25 PP = $27.74
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $29.13
Most Recent Note - 5/29/2008 12:34:37 PM
Y - See the Featured Stock Update section of the 5/27/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Recently consolidating near support at its 200 DMA line and prior chart lows in the $24 area which were previously noted as important levels to watch. It gapped down on 4/14/08 and violated its 50 DMA line, raising concerns. It has failed to make headway and pulled back since featured in the 2/21/08 CANSLIM.net Mid-Day BreakOuts Report (read here) and later that afternoon in a more detailed CANSLIM.net Stock Bulletin (read here). It has shown steady annual earnings growth and its quarterly earnings increases have been borderline, but not especially impressive (for the C and A criteria) in respect to the system's +25% guideline. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
MANT - NASDAQ
Mantech International
COMPUTER SOFTWARE & SERVICES - Business Software & Services
 
$50.53 +1.40 268940
(107.79%)
4/1/2008 $46.84 PP = $47.58
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $49.96
Most Recent Note - 5/29/2008 12:24:48 PM
Y - There is no resistance remaining due to overhead supply. Gains this week have it challenging all-time highs and edging above its max buy level after recently finding support at its 50 DMA line. Featured in the 4/01/08 CANSLIM.net Mid-Day BreakOuts Report after it gapped up (read here). An annotated graph was included with more extensive details in the 4/01/08 CANSLIM.net After Market Update (read here). Sales and earnings in recent quarterly comparisons show stronger increases, and its annual growth has been steady. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ICLR - NASDAQ
Icon Plc Ads
DIVERSIFIED SERVICES - Research Services
 
$72.61 +2.35 98253
(56.76%)
4/24/2007 $45.50 PP = $71.22
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $74.78
Most Recent Note - 5/29/2008 12:04:20 PM
Y - Gaining on light volume today, however the prior session's loss on near average volume raised concerns as it fell under its pivot point and closed under its February 25, 2008 high close of $70.66, falling back into its prior base. It blasted to a new high after a positive reversal on 4/29/08 following reporting earnings per share +33% and sales +48%. Color code was changed to yellow again on 5/01/08 with new pivot point and max buy levels noted. Stock was covered in the Featured Stock Update section of the 3/19/08 CANSLIM.net After Market Update (read here). Gapped up on 2/21/08 from a base-on-base type pattern after its latest strong earnings report. First featured in yellow at $45.50 in 4/24/2007 CANSLIM.net Mid-Day Breakouts Report (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
GEF - NYSE
Greif Inc Cl A
CONSUMER NON-DURABLES - Packaging & Containers
 
$67.79 +1.04 240461
(74.86%)
12/21/2007 $65.98 PP = $68.53
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $71.96
Most Recent Note - 5/29/2008 11:55:02 AM
Y - Gaining ground today above its 50 DMA line and recently found support near its 200 DMA line. See the Featured Stock Update section of the 4/09/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Its 3/25/08 gain above its pivot point with +52% above average volume was just above the minimum volume guideline for a proper technical buy signal. Decelerating sales revenues growth rate is a concern. Featured in the 1/31/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Hails from the high-ranked Containers group, which is reassuring concerning the L criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
CNQR - NASDAQ
Concur Technologies Inc
COMPUTER SOFTWARE & SERVICES - Technical & System Software
 
$37.13 -0.40 418257
(55.16%)
5/19/2008 $39.38 PP = $39.77
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $41.76
Most Recent Note - 5/29/2008 11:23:59 AM
Y - Recent gains lacked volume conviction as it held above support at its nearby 50 & 200 DMA line. A gap down on 5/22/08 for a loss on above average volume raised concerns as it fell well below its pivot point. Featured in the 5/19/08 CANSLIM.net Mid-Day BreakOuts Report (read here) after it gapped up and hit a new all-time high, following prior gaps up on 5/01/08 and 4/16/08. Good annual earnings history and 3 consecutive quarterly reports have shown sales revenues and earnings increases both above the +25% guideline (good C and A criteria). Number of top-rated funds owning an interest rose from 94 in Jun '07 to 153 in Mar '08, helping satisfy the I criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
BKE - NYSE
Buckle Inc
RETAIL - Apparel Stores
 
$46.54 -0.11 323732
(69.91%)
4/16/2008 $48.75 PP = $48.55
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $50.98
Most Recent Note - 5/29/2008 10:56:08 AM
Y - Breach of upward trendline and 50 DMA line on 5/23/08 triggered technical sell signals and raised concerns as it fell below its pivot point. Prior chart resistance in the $43 area is the next chart support level to watch. See the Featured Stock Update section of the 4/21/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured in the 4/16/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Good annual earnings history (good A criteria) and quarterly earnings increases have been above the +25% guideline in 3 of the past 4 comparisons versus the year earlier. Sales revenues increases have been pretty good, but not meeting the +25% guideline. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
BAP - NYSE
Credicorp Ltd
BANKING - Foreign Regional Banks
 
$83.32 +1.32 587634
(168.52%)
12/12/2007 $76.47 PP = $80.49
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $84.51
Most Recent Note - 5/29/2008 10:51:02 AM
Y - Trading in a tight range for about 4 weeks, forming a flat base above the $80 support level. Reported solid earnings news but suffered an analyst downgrade and gapped down on 5/08/08, dipping under prior chart highs in the $80 area before rebounding and continuing to close above that important support level. Recently featured in 4/24/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Based on weak technical action it was previously dropped from the Featured Stocks list 1/25/08. It held up well above its 200 DMA line and repaired the recent technical damage with a gap up on 4/01/08 above its 50 DMA line. It was previously featured in the 12/12/07 CANSLIM.net Mid-Day BreakOuts Report (read here). Earnings and sales growth has been strong in the past 4 quarters and on an annual basis (good C and A criteria). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
BABY - NASDAQ
Natus Medical Inc
HEALTH SERVICES - Medical Appliances & Equipment
 
$21.41 +0.62 258109
(93.28%)
12/21/2007 $19.22 PP = $20.07
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $21.07
Most Recent Note - 5/29/2008 10:48:30 AM
Y - Building a base-on-base type pattern. Gapped up for considerable gains on heavy volume on 5/23/08 after pricing a 4 million share offering at $19.50. It had pulled back briefly under prior chart highs in the $20 area and tested support at its 50 DMA line. Color code was changed back to yellow based on its recent pullback near its recent pivot point. This high-ranked leader triggered a new technical buy signal on 5/01/08 with above average volume conviction while rallying to a new 52-week high following solid earnings and better guidance for 2008. See the Featured Stock Update section of the 4/11/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). The Featured Stock Update section of the 12/21/07 CANSLIM.net After Market Update included detailed analysis and an annotated graph after it triggered a technical buy signal, rising on heavy volume to new highs from a flat base 8 months long (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ORB - NYSE
Orbital Sciences Corp
AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
 
$25.87 +0.25 470921
(81.12%)
5/1/2007 $20.87 PP = $26.05
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $27.35
Most Recent Note - 5/28/2008 6:37:58 PM
Y - Negatively reversed yet stayed above support at its 50 DMA line. Concerns were raised by this week's breach of prior chart highs in the $26 area, an important chart support level previously noted. Heavy volume on 4/17/08 helped it blast to a new all-time high after its latest earnings report, however there are fundamental concerns, as its +21% increase over the March 31, 2007 results is below the +25% guideline. The Featured Stock Update section of the 3/18/08 CANSLIM.net After Market Update included analysis and an annotated graph (read here). Featured in the May 2007 edition of the CANSLIM.net News (read here) while it was trading above its pivot point of $20.37 and below its maximum buy price of $21.38. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
NOV - NYSE
National Oilwell Varco
ENERGY - Oil & Gas Equipment & Services
 
$80.88 -2.27 6658019
(97.85%)
7/25/2005 $51.94 PP = $82.10
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $86.21
Most Recent Note - 5/28/2008 6:36:57 PM
Y - Light volume gain today for its second best close ever, rising back above its pivot point. Featured in the 5/21/08 CANSLIM.net Mid-Day BreakOuts Report (read here) after it gapped up and hit a new all-time high with a considerable gain on above average volume, breaking out from a 7-month base. Previously noted, "patience may allow disciplined investors to accumulate share on light volume pullbacks toward prior chart highs in the $76-78 area." High-ranked firm in the strong Oil & Gas Machinery/Equipment group. Good annual and quarterly earnings growth history (good C & A criteria), however decelerating sales and earnings are a concern. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
IBM - NYSE
Intl Business Machines
COMPUTER HARDWARE - Diversified Computer Systems
 
$129.71 +0.17 7561000
(90.18%)
4/17/2008 $122.94 PP = $119.89
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $125.88
Most Recent Note - 5/28/2008 6:16:14 PM
Y - Gain on slightly above average volume today for a new high close. Analysis with an annotated chart appeared on 4/20/08 in the CANSLIM.net Special Report Series (Part 3) - Expansion in Leadership Gives Rally a Better Footing (see here). Gains on 4/17/08 and 4/18/08 with above average volume lifted it to a new 52-week high, approaching its max buy level. Quarterly earnings increases have shown acceleration however sales revenue growth has been lackluster and below guidelines. This is a technically strong big-cap stock and its annual earnings growth has been slow but steady. Institutional ownership by top funds has been increasing, a nice reassurance for the I criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
GTLS - NASDAQ
Chart Industries Inc
ENERGY - Oil & Gas Equipment & Services
 
$41.04 -0.73 140608
(29.35%)
9/19/2007 $31.30 PP = $38.07
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $39.97
Most Recent Note - 5/28/2008 6:13:42 PM
Y - Light volume gain today for a new high close, leaving little overhead supply to hinder its progress. It found support near its 50 DMA line when it got hit on 5/01/08 after reporting quarterly results. It triggered technical sell signals then promptly bounced after testing near its 200 DMA and March lows. Previously, strong confirming gains on 4/15/08 and 4/16/08 triggered a new technical buy signal as it rose above its pivot point on more than double its average volume. Featured in yellow at $37.66 in the 4/15/08 CANSLIM.net Mid-Day BreakOuts Report (read here). First featured at $31.30 in the 9/19/07 in the CANSLIM.net Mid-Day Breakouts Report (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
GFA - NYSE
Gafisa S A Ads
MATERIALS & CONSTRUCTION - Residential Construction
 
$42.81 +1.19 2070251
(214.64%)
2/28/2008 $40.79 PP = $42.85
Y

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $44.99
Most Recent Note - 5/28/2008 6:11:12 PM
Y - Bounced at its 50 DMA line for a considerable gain today on light volume, ending a six session losing streak. Concerns were raised as it recently fell back into its prior base and under its latest pivot point. As previously noted, "Deterioration leading to a close back under its old high close of $41.50 on 3/03/08 would raise concerns by technically negating the recent breakout." Color code was changed to yellow based on the pullback toward support near its prior chart highs in the $40 area. Featured in the 5/01/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Found support near its 50 & 200 DMA lines, but based on weak technical action it was dropped from the Featured Stocks list on 3/19/08. Originally featured in the 2/28/08 CANSLIM.net Mid-Day BreakOuts Report (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
VMI - NYSE
Valmont Industries Inc
MANUFACTURING - Farm & Construction Machinery
 
$114.23 +0.09 268067
(70.60%)
4/17/2008 $103.69 PP = $99.23
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $104.19
Most Recent Note - 5/29/2008 6:40:37 PM
G - Quietly consolidating since volume driven gains on 5/19/08 helped it hit new highs beyond its max buy level. Found support above its prior chart highs ($99-100) on the last pullback. Featured in the 4/17/08 CANSLIM.net Mid-Day BreakOuts Report as it posted early gains for new all-time highs after its latest strong earnings news, but negatively reversed (read here). See the Featured Stock Update section of 5/2/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Deterioration leading to a close back in its prior base would raise concerns by negating its breakout. Ahead of its latest earnings report it technically broke out 4/16/08 with a considerable gain on well above average volume. Strong earnings history satisfies the C and A criteria.
View all notes | Alert me of new notes | CANSLIM.net Company Profile
WGOV - NASDAQ
Woodward Governor Co
MANUFACTURING - Industrial Electrical Equipmen
 
$39.92 +0.54 1099370
(174.75%)
5/15/2008 $38.01 PP = $35.83
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $37.62
Most Recent Note - 5/29/2008 6:39:40 PM
G - Gain today with volume above average for its second best close. Covered in greater detail with an annotated graph in the 5/23/08 CANSLIM.net After-Market Update (read here). Closed strong after featured in the 5/15/08 CANSLIM.net Mid-Day BreakOuts Report (read here). It gapped up, breaking away following a cup-with-handle type chart pattern, with a considerable gain on heavy volume helping it hit new highs. Color code was changed to green after getting more extended above its pivot point. Patience may allow disciplined investors to accumulate shares on light volume pullbacks near prior chart highs in the $35-36 area that are now a key chart support level. High-ranked leader has a good annual earnings history (good A criteria) and quarterly earnings increases have been above the +25% guideline (good C criteria). Sales revenues have increases by slightly under the +25% guideline in recent quarters but remain strong.
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
WFT - NYSE
Weatherford Intl Ltd
ENERGY - Oil & Gas Equipment & Services
 
$44.17 -0.47 14669571
(313.06%)
4/1/2008 $36.24 PP = $36.46
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $38.28
Most Recent Note - 5/29/2008 6:38:55 PM
G - Negatively reversed after reaching a new all-time high today, closing with a loss on above average volume. Too extended from a sound base now to be considered buyable under the guidelines. Split 2:1 effective 5/27/08, and the Featured Price, PP and MB have been adjusted accordingly. Its latest quarter showed earnings increasing under the +25% guideline, raising some concerns. It rallied with multiple up days on above average volume, rising above its pivot point from a 7-month flat base. It traded up more than +20% since featured at $72.47 in the April 2008 CANSLIM.net News with detailed technical information and an annotated chart (read here).
View all notes | Alert me of new notes | CANSLIM.net Company Profile
WAB - NYSE
Wabtec
AUTOMOTIVE - Auto Parts
 
$47.08 +0.61 390131
(69.10%)
1/24/2006 $29.38 PP = $42.09
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $44.19
Most Recent Note - 5/29/2008 6:37:37 PM
G - Third consecutive gain on light volume for new all-time highs. Color code was changed to green after recent gains lifted it above its max buy price to new all-time highs. Recently featured in the 4/24/08 CANSLIM.net Mid-Day BreakOuts Report (read here). See the Featured Stock Update section of 4/30/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Good annual earnings history and steady quarterly earnings increases above the +25% guideline satisfy the C and A criteria.
View all notes | Alert me of new notes | CANSLIM.net Company Profile
PDE - NYSE
Pride International Inc
ENERGY - Oil & Gas Equipment & Services
 
$43.81 -1.55 2100011
(57.57%)
4/15/2008 $38.68 PP = $37.34
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $39.21
Most Recent Note - 5/29/2008 3:05:03 PM
G - Consolidating after getting very extended above prior chart highs in the $40 area that are now a key chart support level near its 50 DMA line. See the Featured Stock Update section of 4/25/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured at $38.68 in the 4/15/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Technically it cleared its $37.34 pivot point with its recent gains backed by above average volume meeting guidelines. Strong quarterly and annual earnings increases satisfy C & A criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
SDA - NYSE
Sadia Sa Adr
FOOD & BEVERAGE - Food - Major Diversified
 
$25.38 -0.46 1454433
(239.02%)
4/24/2008 $20.95 PP = $20.61
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $21.64
Most Recent Note - 5/29/2008 1:26:23 PM
G - Reversed early gains after hitting a new all-time high. Recently bounced after a pullback near support at prior chart highs in the $21 area. See the Featured Stock Update section of the 5/08/09 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured on 4/24/08 in the CANSLIM.net Mid-Day BreakOuts Report (read here). Technically broke out on 4/23/08 with well above average volume helping it rise above previous chart resistance. Sales revenues growth and earnings growth in the few most recent quarterly financial reports (the C criteria) shows impressive acceleration in this Brazilian food processing firm. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
HOS - NYSE
Hornbeck Offshore Svcs
TRANSPORTATION - Shipping
 
$53.49 +2.19 1440344
(202.81%)
2/21/2008 $44.83 PP = $49.18
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $51.64
Most Recent Note - 5/29/2008 1:12:02 PM
G - Early gains today have it trading above its max buy level and its color code is changed to green. See the Featured Stock Update section of the 5/28/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Recently finding support at its 50 DMA line. Conviction was lacking, as noted, when it recently rose above its pivot point. Its gap down on 5/01/08 triggered technical sell signals after it reported earnings. Increasing ownership interest by top-rated funds has been reassuring concerning the I criteria. See the Featured Stock Update section of the 3/27/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured on 2/21/2008 as early gains on high volume had it nearly challenging prior chart highs in the $47 area after reporting stronger earnings and sales revenues increases for the latest quarter ended Dec 31, 2007 (read here). This high-ranked leader has a small supply of shares outstanding. It has a good annual earnings growth history (good A criteria). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
MVL - NYSE
Marvel Entertainment Inc
MEDIA - Movie Production, Theaters
 
$33.72 +0.90 787617
(73.25%)
5/1/2008 $28.69 PP = $29.08
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $30.53
Most Recent Note - 5/29/2008 12:32:32 PM
G - Consolidating in a tight range for the past 4 weeks, forming a short flat base above its prior base. Holding its ground since it gapped up on 5/05/08 after reporting its latest quarterly results which were noted as below the +25% guideline, but stronger than expected. Sentiment has been helped by recent success of its new Iron Man movie. First featured in the May 2008 issue of CANSLIM.net News (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
KEX - NYSE
Kirby Corp
TRANSPORTATION - Shipping
 
$55.09 +0.01 602130
(76.95%)
3/18/2008 $50.74 PP = $50.26
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $52.77
Most Recent Note - 5/29/2008 12:13:56 PM
G - Hovering near its April lows now, and any new low closes would raise more concerns. Gapped down on 5/27/08 triggering technical sell signals as it violated its 50 DMA line with a considerable loss. Prior resistance in the $50 area is the next important chart support level to watch. Traded up as much as +21.5% after first featured at $50.74 in the 3/18/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Good annual earnings history and its 4 latest quarterly earnings increases were above the +25% guideline good C & A criteria). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
JST - AMEX
Jinpan International Ltd
ELECTRONICS - Diversified Electronics
 
$37.84 -7.06 556485
(618.32%)
10/11/2007 $29.57 PP = $31.54
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $33.12
Most Recent Note - 5/29/2008 12:11:00 PM
G - Gapped down today and traded near its 50 DMA line before rebounding from its early lows. The heavy volume and volatility comes after its latest strong earnings announcement. Prior chart highs and its 50 DMA line are its next support level in the $34-35 area. Volume was heavy, indicative of intitutional buying demand (the I criteria) behind recent gains that lifted it well above its max buy level. See the Featured Stock Update section of the 4/07/08 CANSLIM.net After Market Update for details and an annotated graph (read here). Traded up as much as +57.8% since featured at $27.42 in the March 2008 CANSLIM.net News with detailed technical information and an annotated chart (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ISRG - NASDAQ
Intuitive Surgical Inc
HEALTH SERVICES - Medical Appliances & Equipment
 
$291.47 +2.62 569422
(53.03%)
7/27/2004 $20.68 PP = $359.69
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $377.67
Most Recent Note - 5/29/2008 12:07:24 PM
G - Gains this week have lacked volume conviction yet it has found support near its 200 DMA line and near its April lows. Additional weakness would be technically damaging and raise greater concerns. Its color code was changed to green while it has struggled, however it has generally been holding its ground since gapping down on 4/18/08 after its latest earnings news, when it violated its 50 DMA line and triggering a technical sell signal. Concerns were also raised because of deterioration under prior chart highs in the $315 area. A proper buy signal was not triggered on or after its appearances in yellow in the 4/10/08 CANSLIM.net Mid-Day BreakOuts Report (read here) and in the Featured Stock Update section of the 4/10/08 CANSLIM.net After Market Update with detailed analysis and an annotated graph (read here). It has high-ranks based on strong quarterly sales revenues and earnings increases (good C criteria). This stock has traded up more than 13-fold since it was first featured in yellow in CANSLIM.net report on August 18, 2004. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
GHM - AMEX
Graham Corp
MANUFACTURING - Metal Fabrication
 
$61.75 -1.75 219776
(173.87%)
5/13/2008 $64.27 PP = $64.99
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $68.24
Most Recent Note - 5/29/2008 11:59:12 AM
G - Rallying back above its pivot point after a brief pullback under prior chart highs in the $60 area raised concerns. Prior gains above its pivot were noted for their lack of heavy volume indicative of institutional buying (the I criteria) demand. Featured in the 5/13/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Strong quarterly sales revenues and earnings (good C criteria) increases. Small supply of shares outstanding (the S criteria) may contribute to greater volatility, especially if institutional investors rush in or out. Disciplined investors always limit losses if any stock falls more more than 7-8% from the purchase price. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
FSLR - NASDAQ
First Solar Inc
ELECTRONICS - Semiconductor - Broad Line
 
$252.10 -21.08 6500815
(141.65%)
4/15/2008 $286.19 PP = $291.59
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $306.17
Most Recent Note - 5/29/2008 11:53:29 AM
G - Gapped down today under its 50 DMA line, raising concerns and triggering technical sell signals while also trading under prior chart lows in the $261 area which were recently noted as another support level to watch. Recently fell below its pivot point and was hurt by an analyst downgrade along with broader market weakness. Color code is changed to green based on technical deterioration from an ideal buy point. As previously noted, recent gains above its pivot point came with unimpressive volume, short of the +50% above average volume guideline required for a proper technical buy signal. It traded heavy volume on 4/30/08 after reporting another quarter of triple digit earnings and sales growth, however it encountered resistance and reversed from intra-day highs, failing to close above its pivot point for a convincing new technical buy signal. Featured in the 4/15/08 CANSLIM.net Mid-Day BreakOuts Report (read here). High-ranked leader has shown very strong sales revenues and earnings increases. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
FLS - NYSE
Flowserve Corp
MANUFACTURING - Diversified Machinery
 
$136.18 -1.33 895226
(117.11%)
2/28/2008 $106.18 PP = $112.42
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $118.04
Most Recent Note - 5/29/2008 11:46:42 AM
G - Extended from any sound base now, and initial chart support is at an upward trendline that comes into play near $126 now, well above the next support at its 50 DMA line. Gapped up on 4/29/08 after its latest earnings news, where earnings per share rose +159% and sales jumped +24% in the latest quarter ended March 31, 2008. See the Featured Stock Update section of the 4/04/08 CANSLIM.net After Market Update for details and an annotated graph (read here). Featured in the 2/28/08 CANSLIM.net Mid-Day BreakOuts Report (read here). It has a history of strong quarterly earnings and sales revenues increases. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
EBIX - NASDAQ
EBIX Inc
COMPUTER SOFTWARE & SERVICES - Business Software & Services
 
$91.00 -0.16 2960
(35.66%)
3/2/2008 $76.00 PP = $77.60
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $81.48
Most Recent Note - 5/29/2008 11:34:24 AM
G - Consolidating in a tight range for the past 4 weeks while its 50 DMA line catches up. Extended above its max buy price after gains on heavy volume indicative of institutional (the I criteria) accumulation. Its considerable gain on 4/22/08 helped it rise above its pivot point with volume more than triple its average daily trading total, triggering a proper technical buy signal. First featured at $76.00 in the March 2008 CANSLIM.net News (read here). The Featured Stock Update section of the 3/28/08 CANSLIM.net After Market Update provided a detailed analysis and an annotated graph (read here). Its small supply of shares and very light trading volumes could lead dramatic price volatility, especially if the institutional crowd rushes in or out. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
DR - NYSE
Darwin Prof Underwriters
INSURANCE - Property & Casualty Insurance
 
$28.41 +0.65 77380
(157.92%)
5/15/2008 $25.75 PP = $26.60
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $27.93
Most Recent Note - 5/29/2008 11:31:59 AM
G - Color code was changed to green after it rose above its max buy level, which it has hovered quietly near this week. Support may be expected now in the $26 area that had been a stubborn resistance level. See the Featured Stock Update section of the 5/20/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured in the 5/15/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Strong quarterly sales revenues and earnings increases (the C criteria) and increasing ownership by institutional ownership (the I criteria). The Insurance - prop/cas/titl industry group presently has mediocre ranks, which is a concern, however there has been strength shown by outliers including ACAP and consolidation (mergers/acquisitions) also invigorating the group. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
CTRP - NASDAQ
Ctrip.Com Intl Ltd Adr
LEISURE - Resorts & Casinos
 
$58.57 -1.01 551334
(54.16%)
10/29/2007 $56.35 PP = $63.10
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $66.26
Most Recent Note - 5/29/2008 11:29:36 AM
G - Gains on near average volume this week helped it repair its recent 50 DMA violation. Concerns were raised when it gapped down on 5/15/08 dove under prior chart highs near $63, previously noted as an important technical support level. Gap down on 5/07/08 was previously noted as a sign of deterioration raising concerns. See the Featured Stock Update section of the 5/07/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Recently featured in the May 2008 issue of CANSLIM.net News (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
CSX - NYSE
C S X Corp
TRANSPORTATION - Railroads
 
$69.03 +1.03 3371934
(59.17%)
4/16/2008 $60.47 PP = $58.91
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $61.86
Most Recent Note - 5/29/2008 11:26:57 AM
G - Extended from its prior base after steadily rallying well above its max buy level. its clear upward trendline can be viewed as a technical support level above its 50 DMA line, and violations of either line may trigger sell signals. See the Featured Stock Update section of the 5/1/2008 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Healthy action since it gapped up and was featured in the 4/16/08 CANSLIM.net Mid-Day BreakOuts Report rising from a "3-weeks tight" type of chart pattern (read here). Widespread strength in the Transportation - Rail group is a nice reassurance of leadership (good L criteria). Better than +25% earnings increases in the 2 latest quarters help satisfy the C criteria, however sales revenues growth rate remains below guidelines. It has a decent annual earnings history (good A criteria). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
CEDC - NASDAQ
Central European Dist Cp
WHOLESALE - Basic Materials Wholesale
 
$70.83 +1.17 512219
(102.34%)
4/1/2008 $58.19 PP = $62.62
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $65.75
Most Recent Note - 5/29/2008 11:21:35 AM
G - Gapped down on 5/28/08 and suffered a considerable loss, reversing a large part of the prior session's gain for a new all-time high. Its color code was changed to green after it rose beyond its max buy level. Gapped up 5/01/08, breaking into new high territory (the N criteria) with a gain above its $62.62 pivot point confirming a new technical buy signal. The small supply of outstanding shares (the S criteria) could lead to dramatic price volatility, especially if the institutional crowd rushes in or out. Featured in the April 2008 CANSLIM.net News with detailed technical information and an annotated chart (read here). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
CE - NYSE
Celanese Corp
CHEMICALS - Chemicals - Major Diversified
 
$47.77 -0.57 1055004
(73.37%)
4/24/2008 $43.89 PP = $44.87
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $47.11
Most Recent Note - 5/29/2008 11:20:40 AM
G - Consolidating in a tight range since its negative reversal on 5/19/08 when it was covered in detail in the Featured Stock Update section of the CANSLIM.net After Market Update with expert analysis and an annotated graph (read here). Support may be expected near prior chart highs in the $44-45 area. Color code was changed to green after gains recently lifted it beyond its max buy level. High-ranked company in a group with a lot of leadership, featured in the 4/24/04 CANSLIM.net Mid-Day BreakOuts Report (read here). It recently traded to new multi-year highs above $45 with gains on above average volume. Technically, it broke out on 4/22/08 with gains on sufficient volume to trigger a buy signal. Two latest quarterly earnings comparisons showed +25% or greater increases over the year earlier period, satisfying the C criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
BMI - AMEX
Badger Meter Inc
ELECTRONICS - Scientific & Technical Instrum
 
$47.87 +0.37 66764
(47.38%)
4/16/2008 $47.70 PP = $47.50
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $49.88
Most Recent Note - 5/29/2008 11:16:36 AM
G - Consolidating near prior chart highs in the $47 area and its 50 DMA line. Additional damaging losses leading to a new low close under is 5/23/08 close of $45.95 would raise more concerns and trigger technical sell signals. See the Featured Stock Update section of the 4/23/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured in the 4/16/08 CANSLIM.net Mid-Day BreakOuts Report when breaking out of a cup-with-handle type pattern (read here). It gapped up and hit a new all-time high after reporting strong sales and earnings increases in the latest quarter ended Mar 31, 2008, however prior sales revenues growth was lackluster. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
BMC - NYSE
B M C Software Inc
COMPUTER SOFTWARE & SERVICES - Application Software
 
$40.40 +1.40 3680578
(153.29%)
5/16/2008 $39.04 PP = $37.15
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $39.01
Most Recent Note - 5/29/2008 11:12:52 AM
G - Color code is changed to green as it has risen above its max buy level. Featured in the 5/16/08 CANSLIM.net Mid-Day BreakOuts Report (read here) and in the Featured Stock Update section of the 5/16/08 CANSLIM.net After Market Update with more detailed analysis and an annotated graph (read here). Reported impressive earnings news and gapped up for a considerable gain on heavy volume, blasting above the $37 area to new multi-year highs. It has a strong quarterly and annual earnings (C & A criteria) history, but its sales revenue growth rate has been below the +25% guideline. That suggests there is not extremely great demand for a new product or service (the N criteria), however its solid fundamentals and good leadership (the L criteria) from other Computer Software - Enterprise issues are nice reassurances. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
AXYS - NASDAQ
Axsys Technologies Inc
MANUFACTURING - Industrial Electrical Equipmen
 
$57.26 +0.71 82328
(65.60%)
4/24/2008 $50.44 PP = $52.49
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $55.11
Most Recent Note - 5/29/2008 10:44:07 AM
G - Consolidating in a tight range for about 4 weeks, forming a short flat base which may be considered a late-stage base. Found support near its 50 DMA line during its steady ascent. See the Featured Stock Update section of the 5/15/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Recently reported another strong quarter. Its sales revenues growth has shown acceleration and earnings growth rates have improved considerably in the past 4 quarters (well above the +25% guideline) to satisfy the C criteria, and it recently raised guidance. Annual earnings history has been up and down, which is less than ideal concerning the A criteria). Small 8.56 million share float. Number of top-rated funds owning an interest has increased from 25 in Jun '07 to 45 in Mar '08, satisfying the I criteria. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ATVI - NASDAQ
Activision Inc
COMPUTER SOFTWARE & SERVICES - Multimedia & Graphics Software
 
$33.73 +0.74 2665665
(60.33%)
5/9/2008 $30.07 PP = $28.04
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $29.44
Most Recent Note - 5/29/2008 10:38:58 AM
G - Still stubbornly holding its recent gains that lifted it above its max buy level, forming a "3 weeks tight" type of pattern. See the Featured Stock Update section of the 5/19/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured in yellow in the 5/09/08 CANSLIM.net Mid-Day BreakOuts Report (read here) and covered in greater detail with an annotated graph in the 5/09/08 CANSLIM.net After-Market Update (read here). Hit new multi-year highs after a breakaway gap following its latest report showing very strong quarterly sales and earnings increases for the quarter ended March 31, 2008, helped by its new Guitar Hero video game. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ARD - NYSE
Arena Resources Inc
ENERGY - Independent Oil & Gas
 
$48.50 -3.42 2404797
(366.86%)
3/22/2007 $47.09 PP = $45.45
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $47.72
Most Recent Note - 5/29/2008
G - Trading down on volume on announcement of additional common share offering. Had been consolidating toward prior chart highs since its negative reversal on 5/21/08 after hitting new all-time highs. It has high ranks, a good annual earnings growth history, and very solid quarterly sales revenues and earnings increases (the C criteria), along with increasing institutional ownership (the I criteria) and reassuring group leadership (the L criteria). It has rallied beyond its max buy level after bouncing near its 50 DMA line, finding prompt support after it fell back into its prior base with a considerable loss on 5/01/08 with heavy volume. See the 4/22/08 CANSLIM.net Stock Bulletin for detailed analysis and an annotated graph (read here). Featured in the 4/21/08 CANSLIM.net Mid-Day BreakOuts Report (read here) after it gapped up, breaking out of a near 4 month base. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
OTEX - NASDAQ
Open Text Corp
INTERNET - Internet Software & Services
 
$36.21 +0.01 535522
(81.81%)
12/1/2007 $35.29 PP = $35.84
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $37.63
Most Recent Note - 5/28/2008 6:38:47 PM
G - Gain today on above average volume, bouncing after a pullback near prior chart highs that are an important support level along with its 50 DMA line ($34.36 now). It triggered a technical buy signal on 4/30/08 as it surged from a 5-month base, rallying above its pivot point on very heavy turnover after reporting latest quarterly results. See the Featured Stock Update section of the 4/24/2008 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Featured in the 4/16/08 CANSLIM.net Mid-Day BreakOuts Report (read here). The high-ranked leader has been talked about as an acquisition candidate, a point noted in a 4/10/08 "New America" column in the paper (read here). Good annual and quarterly earnings increases and high ranks. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
ENS - NYSE
Enersys
MANUFACTURING - Industrial Electrical Equipmen
 
$30.91 -0.09 672850
(92.67%)
5/12/2008 $27.22 PP = $28.35
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $29.77
Most Recent Note - 5/28/2008 6:35:17 PM
G - See this evenings Featured Stock Update section of the CANSLIM.net After Market Update for analysis and an annotated graph (read here). Third consecutive gain on above average volume after consolidating toward prior chart highs in the $28 area. Color code was changed to green following a considerable gain on 5/19/08 with heavy volume to new all-time highs well above its max buy level. Triggered a technical buy signal on 5/13/08 by trading above its pivot point with volume nearly triple its average pace, indicative of institutional buying demand (the I criteria) as it hit new all-time highs (the N criteria). Featured in yellow for the first time in the 5/12/08 CANSLIM.net Mid-Day BreakOuts Report (read here). High-ranked leader has eclipsed prior chart highs in the $28 area with no resistance now remaining due to overhead supply. Earnings and sales improved nicely and showed good acceleration in the last 3 quarterly comparisons. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
Symbol/Exchange
Company Name
Industry Group
Last Chg. Vol
(% DAV)
Date when First Featured Price when First Featured Latest Pivot Point
Featured
Status Resources
Latest Max Buy Price
EXPO - NASDAQ
Exponent Inc
DIVERSIFIED SERVICES - Business/Management Services
 
$33.33 +0.36 112886
(75.86%)
1/31/2008 $30.86 PP = $30.91
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $32.46
Most Recent Note - 5/28/2008 6:25:50 PM
G - Gain today on average volume helped it rally up to its 50 DMA line which may now act as a resistance level. Prior chart highs in the $30-31 area acted as an important technical support level. It sliced below its 50 DMA line on 5/07/08, raising concerns. Gapped up on 4/15/08 after reporting its latest quarterly earnings news, promptly repairing a prior 50 DMA line violation. See the Featured Stock Update section of the 4/02/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Number of top rated funds owning an interest rose from 39 in Mar '07 to 48 in Mar '08, helping satisfy the I criteria. First featured at $30.86 in the 1/31/08 CANSLIM.net Mid-Day BreakOuts Report (read here). Solid quarterly earnings increases (good C criteria). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
FLIR - NASDAQ
Flir Systems Inc
ELECTRONICS - Scientific & Technical Instrum
 
$39.10 -1.17 1468410
(126.63%)
3/8/2005 $33.00 PP = $35.64
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $37.42
Most Recent Note - 5/28/2008 6:23:46 PM
G - Hit new all-time highs today after a fourth consecutive day of gains on above average volume. Color code is changed to green as it rose beyond its max buy level. There was an earlier bullish gap up on 4/24/08, during its recent base. It is clear of all chart resistance now that it has topped its November 2007 highs. Strong quarterly and annual earnings history satisfies the C & A criteria. Note that the major averages' latest "correction" which has begun this week is an overriding concern, and the investment system's M criteria presently argues for investors to avoid new buys and raise cash by selling any stocks that are faltering. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
AME - NYSE
Ametek Inc
MANUFACTURING - Industrial Electrical Equipmen
 
$50.58 +0.00 730737
(130.07%)
4/21/2008 $49.56 PP = $48.55
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $50.98
Most Recent Note - 5/28/2008
G - Rose on above average volume after a pullback toward prior chart highs and under its max buy level. Rose from a "3 weeks tight" type of pattern with a considerable gain on 5/15/08 on volume +60% above average. Color code was changed to green after it rose beyond its max buy level. See the Featured Stock Update section of the 5/14/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). Chart support is at prior chart highs in the $48 area. Featured in yellow in the 4/21/08 CANSLIM.net Mid-Day BreakOuts Report (read here) after a breakaway gap up to new all-time highs came following better than expected earnings news and raised guidance. Decent annual earnings history (the A criteria) and quarterly earnings increases were above the +25% guideline for 3 of the past 4 financial reports (good C). - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
SNHY - NASDAQ
Sun Hydraulics Inc
MANUFACTURING - Industrial Equipment & Compone
 
$39.00 -0.20 149124
(104.43%)
5/27/2005 $23.33 PP = $36.60
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $38.43
Most Recent Note - 5/27/2008 1:17:46 PM
G - Gapped up today, bouncing promptly after Friday's pullback toward support at prior chart highs. Additional losses beyond its latest lows, especially on heavier volume, would raise concerns. Technically, it lacked conviction as it hit a new all-time high on 5/21/08 and then quickly gave up much of its early gains. Featured in yellow in the 5/12/08 CANSLIM.net Mid-Day BreakOuts Report (read here). See the Featured Stock Update section of the 5/12/08 CANSLIM.net After Market Update for detailed analysis and an annotated graph (read here). High-ranked company in the Machinery - Gen Industrial group rallied to new all-time highs. Showed strong quarterly earnings increases. Technically broke out on 5/06/08 from an orderly flat base as well, and it is a bit extended from that earlier base. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile
TTES - NASDAQ
T Three Energy Services
ENERGY - Oil & Gas Equipment & Services
 
$62.72 -0.03 107701
(51.14%)
4/15/2008 $52.41 PP = $52.58
G

C A N S L I M | StockTalk | News | Chart |
Daily Graphs Online  Stock Checkup IBD Graphs
SEC | Zacks Reports ...

MB = $55.21
Most Recent Note - 5/27/2008
G - Steady after pulling back from its 52-week high after getting extended from its prior base. Considerable gains on above average volume helped it rally well above its max buy level. It found support on a pullback near its pivot point and prior chart highs ($52-53). See the Featured Stock Update section of 4/28/08 CANSLIM.net After Market Update for analysis and an annotated graph (read here). This Oil & Gas - Field Services firm produced great earnings growth in recent years (good A criteria), and 7 of its past 8 quarterly earnings increases were above the +25% guideline. Featured in yellow at $52.41 in the 4/15/08 CANSLIM.net Mid-Day BreakOuts Report (read here) as considerable gains on above average volume helped it rally above its pivot point. - Kenneth J. Gruneisen, CAN SLIM® Certified, Registered Principal, Source Capital Group, Inc. (Members FINRA, SIPC)
View all notes | Alert me of new notes | CANSLIM.net Company Profile

  ABBREVIATION KEY
 L= Leader | ET = Extended | BO = Break Out (new) | BV = Big Volume | F = Fundamentals C = Current Quarterly Earnings Comparisons | A = Annual Earnings Comparisons | S = Shares Outstanding | I = Institutional Ownership | PP = Pivot Point | MB = Maximum Buy Price Under the Guidelines | DGO = Daily Graphs Online®


 ALL         ABOUT       TRENDS    
Harlan Payan. Registered Representative and Vice President of Investments with Source Capital Group (Member FINRA,SIPC)
 

Where it’s a market of stocks not just a stock market

Where we trade what we see not think, hear or fear

No, I am not talking about shorting stocks either. Hopefully by now you all know the power of the long side Pullback Off Highs (POH) trade set up when properly employed. This week it is all about POHs and a few Right Side of Cup crossovers that are in the process of following through.

Remember a POH is a long side technical pattern that shows up in stocks that are in clearly defined uptrends that are pulling back within the overall up trend.

Below are some names that I and my clients are currently watching.

With Nuance Communications Inc. (NUAN) we are watching for an upside crossover of the Pink POH line to trigger a buy signal. Upon a trigger, a 7-8% stop loss gets placed to protect capital in the event of a downturn.  From that point it is all about letting the market do its thing. 

With China Sunergy Co Ltd. (CSUN) we are also watching for an upside crossover of the Pink POH line to trigger a buy signal.. Upon a trigger you can use either a 7-8% stop loss or let any break below the 50 DMA be a sell signal to protect yourself.  One can also see that it has pulled back and fond support near prior chart highs after a Right Side of Cup crossover, when it broke to the upside of the Green Line.

With Trina Solar (TSL), not only can we see an earlier Right side of the Cup crossover (Dark Blue Line), we can also see the POH that formed shortly thereafter (Light Blue Line). At this moment in time, we can also see two more developing patterns starting to show up. The first being the Pink Line POH and the second being a POTENTIAL Big Picture Completed Cup with the POH being its Handle. We watch for an upside crossover of the Pink POH line as a buy signal. Upon a trigger, as usual, a 7-8% stop loss gets placed for capital protection.  Then it is all about letting the market do its thing.

And when we revisit Suntech Power Holdings Co Ltd (STP) from last week’s article, this issue is still base building as shown below.

The Red Line is support and Green Line is resistance. Any break above the Green Line triggers a technical long side entry with the standard 7-8% stop loss placed at the time of entry.

Should you want to consider having a percentage of your overall investment portfolio managed in this fashion, feel free to contact me.

Note: Past Performance is no guarantee of future success. The examples in this article are not to be considered as current buy recommendations! This is strictly for educational and informational purposes only! For input specific to your unique needs, please feel free to contact me directly at hpyan@sourcegrp.com or by calling me direct at 414-418-9796



 SPECIAL  NOTICE                 
Would You Like to Opt Out of Receiving This Daily After Market Report?
Several subscribers have asked to not receive the email version of this report each day, so we have adjusted our distribution method and now we provide an option to not receive these daily reports via email yet still receive our other most important and timely reports for paying subscribers.  If you wish to stop receiving ONLY the daily after market report in your email, simply complete the short form here.

Each issue of the CANSLIM.net Daily After-Market Update is archived. These back issues can be viewed in the paid membership section of CANSLIM.net here.

Edit Your Profile | The Leaders List | BreakOuts | Downloadable Portfolios | CANSLIM.net Mall
What is CAN SLIM® | Knowledge Base | Inquiries | Strategies | FAQ | Stock Idea Board
 

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. CANSLIM.net is not an investment advisor, hence it does not endorse or recommend any securities or other investments. 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. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active CANSLIM.net StockNews Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to CANSLIM.net 665 S.E. 10 Street, Suite 201
Deerfield Beach, FL 33441-5634
or by calling 1-800-965-8307 or 954-785-1121.

TELL-a-FRIEND about CANSLIM.net - if you know someone who might appreciate this report or find the features on our website useful.  As CANSLIM.net's subscriber base grows, we are able to offer more great resources to help you become a more successful investor.   We appreciate any feedback members may wish to send via the inquiry form here.

Privacy Policy | Terms of Use | Contact Us

The recommendations made by CAN SLIM® Certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil + Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil + Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

Copyright © 1996-2007 Gruneisen Growth Corp. d/b/a www.canslim.net All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties.  The names "CANSLIM" and "CAN SLIM®" are service marks and trade names of Data Analysis, Inc., a California corporation, and are used by Gruneisen Growth Corp., a Florida corporation, under license. GGC is solely responsible for the operation of and opinions expressed in this Website. Daily Graphs® and Daily Graphs Online® are registered trademarks of William O'Neil + Co. Incorporated and are used with permission.