CANSLIM.net AFTER MARKET UPDATE - Friday, July 31st, 2009

CANSLIM.net Help Lines
1-888-CAN-SLIM
954-785-1121

You are not logged in. Upgrade Here

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you can view all reports that were published prior to Wednesday, March 10, 2010.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - FRIDAY, JULY 31ST, 2009
Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	+17.15	9,171.61	+0.19%	Volume	1,515,142,020	+12%	Volume	2,294,179,310	-12%
NASDAQ	-5.80	1,978.50	-0.29%	Advancers	1,877	60%	Advancers	1,321	47%
S&P 500	+0.73	987.48	+0.07%	Decliners	1,137	36%	Decliners	1,386	49%
Russell 2000	-1.09	556.71	-0.20%	52 Wk Highs	110		52 Wk Highs	64
S&P 600	-0.01	295.73	-0.00%	52 Wk Lows	7		52 Wk Lows	3

Major Averages Post Their Third Consecutive Weekly Gains
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net

The major averages traded in a tight range, ending mixed and little changed on Friday. Behind modest gains for the S&P 500 Index and Dow Jones Industrial Average the volume total on the NYSE was higher, yet total volume on the Nasdaq exchange was reported lighter than the prior session total as the Nasdaq Composite ended with a small loss. That kind of action is most desirable, as it indicates a bias toward accumulation rather than distribution by large institutional investors. Advancing issues led decliners on the NYSE by a 3-to-2 ratio, but the mix was nearly even on the Nasdaq exchange. There were 20 high-ranked companies from the CANSLIM.net Leaders List that made a new 52-week high and appeared on the CANSLIM.net BreakOuts Page, down from the 42 issues that appeared on the prior session. On both exchanges new 52-week highs still significantly outnumbered 52-week lows, the latter of which remained in the single digits.

The advance Q2 GDP report showed the economy contracted at an annualized rate of -1.0%, marking the 4th consecutive declining quarter. That reading was much improved from a downwardly revised -6.4% (from -5.5%) in the first quarter and it was also better than the expected -1.5% decline. Reaction to the Q2 GDP reading was muted. Personal consumption expenditures, which are the main driver of the economy, fell at an annualized rate of -1.2%. This was worse than the expected decline of -0.5%.

Walt Disney (DIS -4.2%) fell after reporting that its revenue dropped by a larger-than-expected -6.9% year-over-year. Ford (F +8.25%) rose as the House of Representatives passed a plan for the "cash-for-clunkers" programs to get $2 billion in additional funding through September 2010. Neither firm has the fundamentals to be considered a buy under the investment system's guidelines.

Be sure to study the August issue of CANSLIM.net News which will be published this weekend.

PICTURED: The S&P 500 Index surged +7.4% in July, its fifth consecutive monthly gain, rising above prior chart highs and approaching the psychologically important 1,000 level.

Money Management Services - WE FOLLOW THE RULES! DOES YOUR BROKER?
Managing money can be difficult at times. Are you looking for a money manager who follows a proven set of rules? If you are frustrated because your broker/money manager does not follow all of the rules of this powerful investment system, contact us. We have veterans who have been in business for over 20 years who pride themselves on their ability to closely follow all the rules of the investment system in both bull and bear markets. All of our portfolio managers have completed the Master's Program and are highly skilled at using this powerful investment system. You may inquire about having your account professionally managed using this fact-based investment system by clicking HERE. *Accounts over $250,000 please. ** Serious inquiries only.

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.

Commodity-Linked and Financial Shares Rise
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
The Gold & Silver Index ($XAU +3.95%) was a standout gainer on Friday's mixed session. Energy and financial shares also posted modest gains, with the Oil Services Index ($OSX +0.94%), Integrated Oil Index ($XOI +0.72%), Broker/Dealer Index ($XBD +0.39%), and Bank Index ($BKX +1.13%) posting gains that helped offset weakness in the Healthcare Index ($HMO -1.44%), Biotechnology Index ($BTK -0.89%), and the Networking Index ($NWX -0.59%). The Internet Index ($IIX -0.07%) ended flat and the Semiconductor Index ($SOX +0.23%) edged higher.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.15%) has been consolidating above its May-June highs.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	170.55	+1.58	+0.94%	+40.50%
Healthcare	$HMO	1,173.29	-17.09	-1.44%	+22.19%
Integrated Oil	$XOI	961.20	+6.86	+0.72%	-1.89%
Semiconductor	$SOX	301.74	+0.69	+0.23%	+42.22%
Networking	$NWX	195.87	-1.17	-0.59%	+36.12%
Internet	$IIX	201.17	-0.15	-0.07%	+50.38%
Broker/Dealer	$XBD	108.87	+0.42	+0.39%	+40.53%
Retail	$RLX	354.63	+0.53	+0.15%	+26.99%
Gold & Silver	$XAU	148.62	+5.65	+3.95%	+20.00%
Bank	$BKX	40.44	+0.45	+1.13%	-8.75%
Biotech	$BTK	870.36	-7.82	-0.89%	+34.49%

Poor Action Follows Earnings and News Of CEO's Retirement
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net

Synaptics Inc. (SYNA -$11.88 or -33.14% to $23.97) gapped down for a huge loss on 13 times average volume after its latest quarterly report and news its CEO is immediately retiring. Its 50-day moving average (DMA) line acted as resistance after the prior violation was noted. Prior reviews in this Featured Stock Update section included cautionary remarks under telling headlines such as "Relative Strength Has Slumped While Trading Under 50 Day Average" (7/22/2009) and "50 Day Average and Upward Trendline Violations This Week Raised Concerns" (7/10/2009). It was stated, "For its outlook to improve, technically, it still needs to repair the 50 DMA violation and show signs of institutional demand. It found support near prior chart highs after 7 session losing streak and a worrisome gap down on 7/14/09. Deterioration under its $31.75 low on July 15th would raise raise more serious concerns and trigger additional technical sell signals. For now it should remain on an active watch list in the event it shows strength and completes a new sound base."

SYNA is being dropped from the Featured Stocks list tonight based upon its poor action. It was first featured in yellow in the May 18, 2009 Mid-Day BreakOuts Report (read here).

Color Codes Explained :
Y - Better candidates highlighted by our staff of experts.
G - Previously featured in past reports as yellow but may no longer be buyable under the guidelines.

***Last / Change / Volume quote data in this table corresponds with the timestamp on the note***

Symbol/Exchange Company Name Industry Group	Last	Chg.	Vol % DAV	Date Featured	Price Featured	Latest Pivot Point Featured	Status
						Latest Max Buy Price
CPLA - NASDAQ Capella Education Co DIVERSIFIED SERVICES - Education and Training Services	$64.36	-0.11	197,393 88% DAV 223,364	7/9/2009 (Date Featured)	$59.69 (Price Featured)	PP = $62.06	Y
						MB = $65.16
Most Recent Note - 7/31/2009 5:31:50 PM Y - Perched less than -1% from its 52-week high. On 7/28/09 it reported solid results for the quarter ended June 30, 2009, with a +21% increase in sales revenues (accelerating) and +51% earnings per share, and it technically gapped up and traded more than the +50% above average volume guideline as it rose above its pivot point. Featured in yellow in the 7/09/09 Mid-Day BreakOuts Report (read here). The group has shown some leadership, yet currently has a D- and 13 for Relative Strength Rating/Ranks. CPLA is a high-ranked leader in the Commercial Services-Schools Group. Its small supply of only 13.9 million shares in the float could contribute to greater price volatility in the event of institutional accumulation or distribution. The number of top-rated funds owning an interest rose from 91 in Sept '08, to 135 as of March '09, which is reassuring with respect to the I criteria. It has a very good earnings history that satisfies the C & A criteria, while recent quarters showed steady sales revenues increases in the +17-18% range. >>> The latest Featured Stock Update with an annotated graph appeared on 7/20/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
GMCR - NASDAQ Green Mountain Coffee Roasters FOOD & BEVERAGE - Processed & Packaged Goods	$65.90	-1.60	2,120,323 160% DAV 1,322,090	7/17/2009 (Date Featured)	$60.15 (Price Featured)	PP = $63.79	G
						MB = $66.98
Most Recent Note - 7/29/2009 6:37:13 PM G - Consolidating in a tight range for the past week and a half, stubbornly hovering near all-time highs. Prior highs in the $62-63 area are initial chart support to watch above its 50 DMA line. Do not be confused by the 3:2 stock split effective 6/09/09. GMCR traded up more than +168% since appearing with an annotated graph under the headline "It May Soon Be Time To Go Green" when featured in the January 2009 CANSLIM.net News (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 7/30/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
HMSY - NASDAQ Hms Holdings Corp COMPUTER SOFTWARE & SERVICES - Healthcare Information Service	$38.40	-2.62	1,888,391 537% DAV 351,671	2/20/2009 (Date Featured)	$34.08 (Price Featured)	PP = $38.38	G
						MB = $40.30
Most Recent Note - 7/31/2009 5:39:36 PM G - Gapped down today after its latest quarterly report, violating its 50 DMA line and triggering technical sell signals, yet it closed in the middle of its range. This high-ranked Commercial Services - Healthcare firm's prior highs in the $38 area are an important support level. A gap up gain on 6/16/09 with heavy volume triggered a technical buy signal. >>> The latest Featured Stock Update with an annotated graph appeared on 7/24/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
NTES - NASDAQ Netease.com Inc INTERNET - Internet Information Providers	$44.06	+1.23	1,765,724 71% DAV 2,478,383	7/17/2009 (Date Featured)	$39.29 (Price Featured)	PP = $38.74	G
						MB = $40.68
Most Recent Note - 7/31/2009 5:41:47 PM G - Closed at it best level ever after a 4th consecutive gain on light volume. Well above prior chart highs in the $38 area, an important support level to watch. A recent series of 10 consecutive gains was capped off with a considerable gain on 7/22/09 with very heavy volume that lifted it well above its max buy level. It got extended from its latest base. On 7/17/09 it broke out from a 5-week flat base with +44% above average volume behind its gain. First featured at $26.75 in the 3/31/09 CANSLIM.net Mid-Day Breakouts Report (read here). This high-ranked Chinese Internet - Content firm was also summarized in greater detail including an annotated graph in the April 2009 issue of CANSLIM.net News (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 7/23/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
NVEC - NASDAQ Nve Corp ELECTRONICS - Semiconductor - Specialized	$53.73	+0.19	49,825 53% DAV 94,325	3/13/2009 (Date Featured)	$33.85 (Price Featured)	PP = $49.60	G
						MB = $52.08
Most Recent Note - 7/31/2009 5:44:51 PM G - Volume has been drying up while consolidating in a tight range since its 7/23/09 breakout. Patience may allow for shares to be accumulated on pullbacks, and prior highs are now an important support level. Featured in the 7/23/09 Mid-Day BreakOuts Report (read here) after it gapped up for a considerable gain on heavy volume following news of stronger sales revenues (+41%) and solid earnings increases for the quarter ended June 30, 2009. The technical action was described as a "breakaway gap" from a valid ascending base. Quarterly sales revenues in the 6 million dollar range are still rather minuscule, leaving concerns. >>> The latest Featured Stock Update with an annotated graph appeared on 7/17/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
PEGA - NASDAQ Pegasystems Inc COMPUTER SOFTWARE & SERVICES - Business Software & Services	$28.30	-0.76	394,585 153% DAV 258,622	7/29/2009 (Date Featured)	$27.53 (Price Featured)	PP = $27.49	Y
						MB = $28.86
Most Recent Note - 7/31/2009 5:45:46 PM Y - Consolidating under its max buy level today, its color code was changed to yellow. Featured in in the 7/29/09 mid-day report (read here) during the course of its considerable gain on heavy volume 3 times its average for a new 52-week high. There were no news headlines to be found as this software firm triggered a technical buy signal by breaking out from a third stage, 8-week "double bottom" type base. The previously noted downturn in annual earnings (the A criteria) from 2003 to 2006 has been followed by a solid turn around and big earnings increases in '07 and '08, and Street expectations for '09 are calling for well above +25% growth. >>> The latest Featured Stock Update with an annotated graph appeared on 7/29/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
TNDM - NASDAQ Neutral Tandem Inc TELECOMMUNICATIONS - Wireless Communications	$31.00	+0.60	380,135 42% DAV 900,805	3/2/2009 (Date Featured)	$18.89 (Price Featured)	PP = $29.85	G
						MB = $31.34
Most Recent Note - 7/31/2009 5:49:29 PM G - Quietly consolidating in recent weeks above its 50 DMA line, less than -5% off its all-time high. Building on a choppy base since its June 2nd high of $32.57 was reached. Subsequent deterioration below its 50 DMA average and recent lows would raise concerns and trigger sell signals. It traded up as much as +72.42% since first featured at $18.89 in the 3/02/09 Mid-Day BreakOuts Report (read here). >>> The latest Featured Stock Update with an annotated graph appeared on 7/21/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS
UTA - AMEX Universal Travel Group DIVERSIFIED SERVICES - Consumer Services	$13.97	+0.53	595,641 156% DAV 381,824	7/28/2009 (Date Featured)	$12.87 (Price Featured)	PP = $12.70	G
						MB = $13.34
Most Recent Note - 7/31/2009 5:50:36 PM G - Gapped up today and rallied for a new high close. Its 2 prior sessions were marked by heavy volume and a lack of progress -a worrisome sign of "churning" distributional action. Its color code was changed to green after rising above its "max buy" level. Strong action prompted it to be featured in yellow with pivot point and max buy levels noted in the 7/28/09 mid-day breakouts report (read here), with additional analysis included in the after market update (read here). This Chinese provider of airline tickets and travel related services gapped up on 7/28/09, rising from a choppy 6-week base with a considerable gain on very heavy volume. >>> The latest Featured Stock Update with an annotated graph appeared on 7/28/2009. click here.
C A N S L I M \| StockTalk \| News \| Chart \| SEC View all notes Alert me of new notes CANSLIM.net Company Profile ZACKS

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 3170 N. Federal Hwy. Suite 103-H, Lighthouse Point, FL 33064 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.