FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Thursday, January 4th, 2018

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AFTER MARKET UPDATE - THURSDAY, JANUARY 4TH, 2018

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Indices				NYSE			Nasdaq
DOW	+152.45	25,075.13	+0.61%	Volume	895,293,920	+11%	Volume	2,091,750,580	-4%
NASDAQ	+12.38	7,077.91	+0.18%	Advancers	1,723	59%	Advancers	1,629	59%
S&P 500	+10.93	2,723.99	+0.40%	Decliners	1,197	41%	Decliners	1,138	41%
Russell 2000	+3.15	1,555.72	+0.20%	52 Wk Highs	293		52 Wk Highs	276
S&P 600	+2.09	945.33	+0.22%	52 Wk Lows	20		52 Wk Lows	26

Major Indices Ended Firmly Higher With More Leadership
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

U.S. equities finished firmly higher Thursday. The Dow advanced 152 points to close above 25000 for the first time at 25075. The S&P 500 added 11 points to 2723 while the Nasdaq gained 12 points to 7077. Volume totals reported were mixed, higher than the prior session total on the NYSE and lower on the Nasdaq exchange. Advancers led decliners by 3-2 margin on the NYSE and by a 4-3 margin on the Nasdaq exchange. There were 94 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 63 on the prior session. New 52-week highs totals expanded and solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. The Featured Stocks Page provides the latest analysis on noteworthy high-ranked leaders.

Charts used courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average hit a new record high with a 3rd consecutive gain.

The major averages (M criteria) are in a confirmed uptrend. Investors should only consider stocks meeting all key criteria of the fact-based investment system as they trigger technical buy signals.

The major averages climbed to record levels following a round of encouraging economic updates. On the labor front, a report showed U.S. private employers added 250,000 jobs in December, well above consensus estimates of 190,000 and representing the largest monthly increase since March 2017. An additional release revealed initial jobless claims were 250,000 in the most recent week, slightly worse than expectations of 241,000 claims. A report from research firm Markit showed service sector activity grew at a faster-than-expected pace during last month.

Nine of 11 S&P 500 sectors finished higher. Financials led the advance with Citigroup (C +1.23%) and JP Morgan Chase & Co (JPM +0.91%) both notching solid gains. Retailers that underperformed included Macy’s (M -3.32%) after Victoria’s Secret parent L Brands (LB -12.31%) gapped down for a big loss. Materials stocks provided a tailwind to the market as shares of DowDuPont (DWDP +1.92%).

Treasuries were slightly lower along the curve with the yield on the 10-year note up one basis point to 2.45%. In commodities, NYMEX WTI crude added 0.5% to $61.94/barrel following a report that U.S. crude stockpiles shrank more than anticipated in the prior week, representing the largest inventory decline since August. COMEX gold added 0.5% to $1324.90/ounce amid a weaker dollar.

Kenneth J. Gruneisen started out as a licensed stockbroker in August 1987, a couple of months prior to the historic stock market crash that took the Dow Jones Industrial Average down -22.6% in a single day. He has published daily fact-based fundamental and technical analysis on high-ranked stocks online for two decades. Through FACTBASEDINVESTING.COM, Kenneth provides educational articles, news, market commentary, and other information regarding proven investment systems that work in good times and bad.

Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.

Financial, Retail, and Commodity-Linked Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Retail Index ($RLX +0.21%) edged higher for a 3rd consecutive session, yet it was outpaced by the Bank Index ($BKX +0.93%) and the Broker/Dealer Index ($XBD +0.90%) on Thursday. Commodity-linked groups had a positive bias as the Oil Services Index ($OSX +2.82%) outpaced the Integrated Oil Index ($XOI +0.82%) and the Gold & Silver Index ($XAU +0.81%). The tech sector was mixed as the Biotechnology Index ($BTK -1.20%) pulled back, the Networking Index ($NWX +0.02%) finished flat and the Semiconductor Index ($SOX +0.56%) posted a small gain for the session.

Charts courtesy wwwstockcharts.com

PICTURED: The Retail Index ($RLX +0.21%) posted a 3rd consecutive gain, rallying into record high territory. Strength in the Retail group is a reassuring sign because consumer spending accounts for nearly 2/3 the total US economy.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	157.04	+2.83	+1.84%	+5.01%
Integrated Oil	$XOI	1,384.45	+11.33	+0.82%	+3.66%
Semiconductor	$SOX	1,317.24	+7.38	+0.56%	+5.12%
Networking	$NWX	499.90	+0.11	+0.02%	+1.91%
Broker/Dealer	$XBD	270.75	+2.43	+0.90%	+2.08%
Retail	$RLX	1,776.25	+3.69	+0.21%	+2.45%
Gold & Silver	$XAU	87.79	+0.71	+0.82%	+2.96%
Bank	$BKX	108.67	+1.00	+0.93%	+1.84%
Biotech	$BTK	4,321.63	-52.41	-1.20%	+2.35%

Touched a New High But Ended Below New Pivot Point Cited
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
YY Inc (YY +$2.57 or +2.15% to $121.93) closed the session below the new pivot point cited based on its 11/21/17 high plus 10 cents after trading above that threshold early Thursday. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Disciplined investors know that technical breakouts should have the look of serious institutional buying demand, the kind of increase in interest which can lead to a sustained and meaningful advance in price.

Its 50-day moving average (DMA) line ($104.33) defines near-term support above the recent low ($98.50 on 12/06/17). Violations may trigger technical sell signals. This China-based Internet - Content firm's fundamentals remain strong. It was last shown in this FSU on 12/11/17 with an annotated graph under the headline, "Fundamentals Remain Strong; Extended From Any Sound Base ". It reported Sep '17 quarterly earnings +42% on +49% sales revenues marking its 5th consecutive strong quarterly report above the +25% minimum (C criteria). Its annual earnings (A criteria) history has been strong especially since its $11 IPO on 11/21/12. It completed a new Public Offering on 8/16/17.

YY has seen the number of top-rated funds owning its shares rise from 268 in Sep '16 to 441 in Sep '17, a reassuring sign concerning the I criteria. It has a current Up/Down Volume ratio of 1.2 which is an unbiased indication of accumulation over the past 50 days. It traded up as much as +56.87% since highlighted in yellow with a pivot point cited based on its 8/10/17 high plus 10 cents in the 9/25/17 mid-day report (read here). A convincing technical breakout could signal the beginning of another significant leg up.

Charts used courtesy of www.stockcharts.com

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

***Last / Change / Volume data in this table is the closing quote data***

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
THO - NYSE Thor Industries Inc AUTOMOTIVE - Recreational Vehicles	$155.48	-0.13 -0.08%	$157.50	372,909 60.44% of 50 DAV 50 DAV is 617,000	$156.86 -0.88%	12/19/2017	$153.92	PP = $156.96
								MB = $164.81
Most Recent Note - 1/3/2018 4:21:49 PM Y - Wedging up near its all-time high with gains lacking great volume conviction. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($142.73) and prior highs in the $138 area define near-term support to watch. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Holding Ground in Tight Range Near High - 12/27/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ROG - NYSE Rogers Corp CONSUMER NON-DURABLES - Rubber and Plastics	$164.04	-4.52 -2.68%	$169.74	209,105 107.23% of 50 DAV 50 DAV is 195,000	$184.00 -10.85%	12/29/2017	$162.92	PP = $168.17
								MB = $176.58
Most Recent Note - 1/4/2018 6:47:08 PM Y - Closed back below its pivot point today, completely negating the recent breakout and raising concerns after a big "negative reversal" at a new all-time high. The big gain on 1/02/18 backed by +98% above average volume triggered a technical buy signal. It was highlighted in yellow with pivot point cited based on its 11/22/17 high plus 10 cents in the 12/29/17 mid-day report. Disciplined investors avoid chasing stocks more than 5% above prior highs and always limit losses by selling any stock that falls more than -7% from their purchase price. >>> FEATURED STOCK ARTICLE : Hovering Near Prior High After 3rd Strong Quarterly Earnings - 12/29/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AVGO - NASDAQ Broadcom Limited ELECTRONICS - Semiconductor - Broad Line	$270.02	+0.09 0.03%	$271.76	1,902,638 55.76% of 50 DAV 50 DAV is 3,412,000	$285.68 -5.48%	10/30/2017	$261.19	PP = $259.46
								MB = $272.43
Most Recent Note - 1/2/2018 7:15:25 PM G - Rebounded above its 50 DMA line ($264.32) with today's gain on near average volume. The recent low ($254.20 on 12/06/17) defines important support where more damaging losses would raise greater concerns. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Testing Support at Prior Highs and 50-Day Average - 12/8/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TPL - NYSE Texas Pacific Land Trust FINANCIAL SERVICES - Diversified Investments	$453.64	+0.57 0.13%	$465.02	14,436 111.05% of 50 DAV 50 DAV is 13,000	$477.50 -5.00%	12/21/2017	$419.50	PP = $435.09
								MB = $456.84
Most Recent Note - 1/3/2018 3:39:24 PM Y - Erased early gains after touching another new all-time high today and its color code is changed to yellow after slumping below its "max buy" level. Prior highs in the $434 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Real Estate Trust Perched Within Striking Distance of Prior High - 12/21/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
YY - NASDAQ YY Inc Ads INTERNET - Internet Service Providers	$121.93	+2.57 2.15%	$125.91	1,151,967 78.53% of 50 DAV 50 DAV is 1,467,000	$123.48 -1.26%	12/29/2017	$113.06	PP = $123.58
								MB = $129.76
Most Recent Note - 1/4/2018 6:36:54 PM Y - Touched a new high today but ended the session below the new pivot point cited based on its 11/21/17 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($104.33) defines support above the recent low ($98.50 on 12/06/17). This China-based Internet - Content firm's fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Touched a New High But Ended Below New Pivot Point Cited - 1/4/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
HTHT - NASDAQ China Lodging Group Ads LEISURE - Lodging	$148.79	-6.14 -3.96%	$156.79	606,205 90.89% of 50 DAV 50 DAV is 667,000	$159.35 -6.63%	12/22/2017	$138.07	PP = $142.90
								MB = $150.05
Most Recent Note - 1/4/2018 6:41:06 PM Y - Pulled back below its "max buy" level and its color code is changed to yellow. Near term chart support is defined by the prior high $142.80. >>> FEATURED STOCK ARTICLE : Sales Revenues Growth Rate Shows Acceleration - 12/22/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PATK - NASDAQ Patrick Industries Inc Bldg-Mobile/Mfg and RV	$67.00	-2.85 -4.08%	$70.25	246,764 165.61% of 50 DAV 50 DAV is 149,000	$71.13 -5.80%	10/26/2017	$90.90	PP = $87.90
								MB = $92.30
Most Recent Note - 1/4/2018 6:39:32 PM G - Abruptly retreated from its all-time high with a big loss today on higher volume indicative of distributional pressure. Its 50 DMA line and prior high coincide in the $64 area defining near-term support to watch. Fundamentals remain strong. Shares split 3/2 effective 12/11/17, so do not be confused by the impact on the share prices. >>> FEATURED STOCK ARTICLE : Hovering Near High Following 3:2 Share Split - 12/15/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ESNT - NYSE Essent Group Ltd Finance-MrtgandRel Svc	$44.38	+0.86 1.98%	$44.38	680,369 77.48% of 50 DAV 50 DAV is 878,100	$47.29 -6.15%	10/9/2017	$39.75	PP = $41.54
								MB = $43.62
Most Recent Note - 1/3/2018 3:51:58 PM G - Recently sputtering below its 50 DMA line ($44.21) raising concerns. The recent low ($43.07 on 12/01/17) defines the next important support level where more damaging losses would raise greater concerns. Its Relative Strength rating has fallen to 79, below the 80+ minimum guideline for buy candidates >>> FEATURED STOCK ARTICLE : Pulling Back After Recently Wedging Higher - 12/14/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
FIVE - NASDAQ Five Below Inc Retail-DiscountandVariety	$72.64	+1.84 2.60%	$73.05	1,438,578 138.19% of 50 DAV 50 DAV is 1,041,000	$71.79 1.18%	1/2/2018	$69.16	PP = $68.99
								MB = $72.44
Most Recent Note - 1/3/2018 12:59:26 PM Y - Hit another new all-time high today but erased much of its early gain. Prior gain was backed by +22% above average volume, not a convincing technical buy signal from the advanced tight base pattern noted. Its 50 DMA line ($61.65) defines near-term support above prior highs in the $57-58 area. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Retail - Discount & Variety Firm Has Strong Fundamentals - 12/19/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
OLED - NASDAQ Universal Display Corp Elec-Misc Products	$176.50	-3.90 -2.16%	$184.00	709,938 77.34% of 50 DAV 50 DAV is 918,000	$192.75 -8.43%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 1/3/2018 4:17:16 PM G - Has not formed a valid new base pattern of sufficient length, but consolidating in an orderly fashion above its 50 DMA line ($168.42). Below that short-term average the prior low ($158.00 on 12/05/17) defines the next important chart support level to watch on pullbacks. Subsequent losses leading to violations may trigger technical sell signals. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Consolidating After +50% Rally Since First Featured 8/31/17 - 12/13/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy
ANET - NYSE Arista Networks Inc TELECOMMUNICATIONS - Communication Equipment	$232.69	-2.91 -1.24%	$237.83	833,088 95.10% of 50 DAV 50 DAV is 876,000	$245.65 -5.28%	10/27/2017	$195.65	PP = $196.37
								MB = $206.19
Most Recent Note - 1/2/2018 7:11:28 PM G - Pulled back on higher volume after wedging up near its all-time high. Its 50 DMA line ($220) defines near-term support above the prior low ($206.86 on 12/05/17). Subsequent violations would trigger technical sell signals. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure After Wedging Near Prior High - 1/2/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GRUB - NYSE Grubhub Inc COMPUTER SOFTWARE and SERVICES - Technical and System Software	$71.88	+0.56 0.79%	$72.60	1,059,167 75.98% of 50 DAV 50 DAV is 1,394,000	$74.81 -3.91%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 1/3/2018 3:55:46 PM G - Hovering near its all-time high with volume totals cooling, it has formed an advanced "3-weeks tight" base. Its 50 DMA line ($66.26) defines initial support above prior highs near $57. Bullish action has continued although the 2 latest quarters were below the +25% minimum earnings guideline (C criteria), raising fundamental concerns with regard to the fact-based investment system. >>> FEATURED STOCK ARTICLE : Extended From Any Base, Grubhub Hits Another New Record High - 12/18/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
IBP - NYSE Installed Building Prod DIVERSIFIED SERVICES - Business/Management Services	$75.30	-2.30 -2.96%	$78.05	98,091 51.09% of 50 DAV 50 DAV is 192,000	$79.40 -5.16%	12/26/2017	$75.00	PP = $79.50
								MB = $83.48
Most Recent Note - 1/4/2018 6:43:31 PM Y - Perched within close striking distance of the new pivot point cited based on its 12/04/17 high plus 10 cents after forming an advanced ascending base. Its 50 DMA line and prior high define near term support in the $70-71 area. Subsequent losses leading to violations of the 50 DMA line or recent low ($68.30 on 12/13/17) may trigger technical sell signals. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Building on an Advanced Ascending Base Pattern - 12/26/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
OLLI - NASDAQ Ollie's Bargain Outlet Retail-DiscountandVariety	$52.10	-0.70 -1.33%	$53.00	899,915 167.89% of 50 DAV 50 DAV is 536,000	$54.30 -4.05%	11/21/2017	$46.78	PP = $47.00
								MB = $49.35
Most Recent Note - 1/4/2018 12:47:32 PM G - Pulling back again today with above average volume indicative of distributional pressure. Still extended from any sound base. Its 50 DMA line ($47.96) defines important near-term support above prior highs in the $46 area. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Extended From Latest Base and Perched Near Record High - 12/20/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HLI - NYSE Houlihan Lokey Inc Cl A Finance-Invest Bnk/Bkrs	$46.14	+0.29 0.63%	$46.38	149,908 59.49% of 50 DAV 50 DAV is 252,000	$46.99 -1.81%	1/3/2018	$45.88	PP = $47.09
								MB = $49.44
Most Recent Note - 1/3/2018 7:17:32 PM Y - Color code was changed to yellow as it has formed an advanced "3-weeks tight" base. New pivot point was cited based on its 12/18/17 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($43.70) defines near-term support to watch. Made gradual progress since 10/26/17 when it priced a Secondary Offering. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Tight Weekly Closes Formed Advanced Base Pattern - 1/3/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (% 50 day avg vol)	52 Wk Hi % From Hi	Featured Date	Price Featured	Pivot Featured
								Max Buy

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. This site 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.

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