FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

<<<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 ONLY VIEW reports that were published prior to Monday, September 2, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - MONDAY, JULY 20TH, 2015

Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	+13.96	18,100.41	+0.08%	Volume	723,684,010	-16%	Volume	1,663,579,460	-2%
NASDAQ	+8.72	5,218.86	+0.17%	Advancers	979	31%	Advancers	913	31%
S&P 500	+1.64	2,128.28	+0.08%	Decliners	2,092	65%	Decliners	1,980	67%
Russell 2000	-6.87	1,260.22	-0.54%	52 Wk Highs	110		52 Wk Highs	123
S&P 600	-3.49	719.86	-0.48%	52 Wk Lows	290		52 Wk Lows	147

Major Averages Posted Small Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks remained higher on Monday. The Dow rose 13 points to 18,100. The NASDAQ advanced 8 points to 5,218. Volume totals were reported lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by more than a 2-1 margin on the NYSE and on the Nasdaq exchange. Thee were 69 high-ranked companies from the Leaders List that made new 52-week highs and appeared on the BreakOuts Page, up from the prior session total of 52 stocks. However, the total number of new 52-week lows swelled and solidly outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. There were gains for 8 of the 12 high-ranked companies currently on the Featured Stocks Page.

The Nasdaq Composite Index rallied for another new record high. The other major averages have also rallied close to their record highs. Coupling the indices' improvement with an expansion in leadership (stocks hitting new highs), the latest market (M criteria) action has shown investors reassuring proof that the institutional crowd has a healthy appetite for buying stocks.

Disciplined investors know to buy only the strongest stocks meeting all of the key fundamental and technical criteria. New matches with the fact-based investment system's strict guidelines will be added to the Featured Stocks Page as market action dictates.

Charts courtesy www.stockcharts.com

PICTURED: The S&P 500 Index has quickly rebounded from its 200-day moving average (DMA) line back to challenge its record highs.

The major averages erased early losses to finish marginally higher as positive earnings contended with commodity price slumps. Hasbro (HAS +6.26%) finished at a new closing high and Halliburton (HAL +1.83%) rose on positive earnings reports from both. Lockheed Martin (LMT +1.96%) rose after topping profit forecasts and announcing plans to acquire the Sikorsky Aircraft unit from United Technologies (UTX -0.23%) for about $9 billion.

Seven of 10 S&P 500 sectors finished higher. Tech was up the most as Apple (AAPL +1.89%) rose. Positive analyst commentary pushed Visa (V +2.57%) and Texas Instruments (TXN +1.48%) both higher. Commodity producers weighed on the index. In materials, Freeport McMoRan (FCX -5.23%) fell. Exxon Mobil (XOM -1.03%) dragged energy companies lower as it sank in sympathy with crude oil prices.

Treasuries fell as regional Fed President Bullard suggested the Fed prepare for a 2015 rate hike. The 10-year note lost 8/32 to yield 2.37%.

Commodities were broadly lower. WTI crude retreated 1.8% to $49.97/barrel. On the COMEX, gold tumbled 2.7% to $1101.70/ounce, more than a five-year low, and copper slid 0.8% to $2.48/lb. In FOREX, the dollar was unchanged against the euro, but rose 0.2% against the yen to ¥124.29/USD.

The Featured Stocks Page shows the most current notes with headline links which direct members into the more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports

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.

XAU Fell -10%; Bank Index Posted a Gain
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
While the Bank Index ($BKX +0.40%) posted a modest gain on Monday, financial shares were mixed as the Broker/Dealer Index ($XBD -0.59%) fell. The Retail Index ($RLX -0.03%) finished flat and the Biotechnology Index ($BTK -0.17%) edged lower. The Networking Index ($NWX -0.85%) and the Semiconductor Index ($SOX -0.68%) ended modestly lower. The Oil Services Index ($OSX -0.87%) and Integrated Oil Index ($XOI -1.64%) both saw additional downside.

Charts courtesy www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU -10.27%) was a standout decliner on Monday. Its 5-year chart shows it slumping to new lows. This argues that very few gold producers' stocks have been doing well in recent weeks. The fact-based investment system requires investors to focus on only buying stocks from leading industry groups (L criteria), and never to speculate on stocks in industry groups which are currently out of favor in the marketplace.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	178.63	-1.56	-0.87%	-15.29%
Integrated Oil	$XOI	1,241.84	-20.74	-1.64%	-7.88%
Semiconductor	$SOX	662.50	-4.56	-0.68%	-3.55%
Networking	$NWX	374.26	-3.21	-0.85%	+4.56%
Broker/Dealer	$XBD	201.57	-1.19	-0.59%	+9.17%
Retail	$RLX	1,199.66	-0.37	-0.03%	+16.16%
Gold & Silver	$XAU	48.63	-5.57	-10.28%	-29.30%
Bank	$BKX	79.52	+0.32	+0.40%	+7.08%
Biotech	$BTK	4,424.49	-7.38	-0.17%	+28.65%

Near "Max Buy" Level, But Recent Gains Lacked Great Volume Conviction
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Ulta Salon Cosmetics & Fragrance, Inc. (ULTA +$1.03 or +0.62% to $167.94) is perched near its all-time high and near its "max buy" level. Its gain on 7/09/15 had +81% above average volume, but on that session it did not finish above its pivot point cited. Subsequent gains into new high territory lacked great volume conviction, leaving questions as to whether great institutional buying demand is lurking that can lead to a meaningful and sustained price advance.

Prior highs near $159 define initial support to watch on pullbacks. It was last shown with an annotated graph in this FSU section on 6/22/15 under the headline, "Still Consolidating Above 50-Day Moving Average Line", following a "negative reversal" on 5/29/15. ULTA has made limited headway since highlighted in yellow with pivot point cited based on its 4/24/15 high plus 10 cents in the 5/29/15 mid-day report (read here). It was noted - "A volume-driven gain and close above its pivot point may trigger a proper technical buy signal."

It reported earnings +34%, +26%, +22%, and +35% in the Jul '14, Oct '14, Jan '15 and Apr '15 quarterly comparisons, respectively. Its strong earnings have been underpinned by steady sales revenues increases in the +21-22% range during that span of time. In 3 of the past 4 quarterly comparisons results have now been above the +25% minimum earnings guideline (C criteria).

Its solid annual earnings (A criteria) history is very reassuring. It has a small supply (S criteria) of only 62.9 million shares in the public float. The number of top-rated funds with an ownership interest has grown from 566 funds in Jun '14 to 793 funds as of Jun '15, which is a very encouraging sign of increasing institutional interest (the I criteria). Its current Up/Down Volume Ratio of 1.6 is an unbiased indication its shares have been under accumulation over the past 50 days.

Charts courtesy 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
GSBC - NASDAQ Great Southern Bancorp BANKING - Savings and Loans	$42.47	+0.08 0.19%	$42.60	30,657 98.89% of 50 DAV 50 DAV is 31,000	$42.99 -1.21%	4/27/2015	$40.94	PP = $40.54
								MB = $42.57
Most Recent Note - 7/17/2015 2:06:35 PM Y - Color code is changed to yellow after puling back below its "max buy" level. Found support recently near prior highs in the $41 area and its 50 DMA line. Damaging losses leading to violations would trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Finding Support Near Prior Highs and 50-Day Moving Average - 7/9/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
BOFI - NASDAQ B O F I Holding Inc BANKING - Savings andamp; Loans	$117.21	+1.82 1.58%	$117.63	326,522 183.44% of 50 DAV 50 DAV is 178,000	$115.74 1.27%	6/10/2015	$101.47	PP = $97.78
								MB = $102.67
Most Recent Note - 7/20/2015 12:05:54 PM G - Hitting yet another new high with today's 4th consecutive gain, getting very extended from its prior base. Its 50 DMA line ($100.94) and prior highs near $97 define important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Hitting New Highs and Getting More Extended From a Sound Base - 7/10/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
EPAM - NYSE Epam Systems Inc COMPUTER SOFTWARE and SERVICES - Information Technology Service	$74.57	-0.35 -0.47%	$75.28	170,261 38.70% of 50 DAV 50 DAV is 440,000	$75.89 -1.74%	5/18/2015	$67.42	PP = $70.59
								MB = $74.12
Most Recent Note - 7/17/2015 1:57:31 PM Y - Perched near its all-time high with volume totals cooling, an indication few are headed for the exit. Its 50 DMA line ($70.88) defines support where a violation would trigger a technical sell signal. Due to report earnings on 08/03/15, and volume and volatility often increase near earnings news. >>> FEATURED STOCK ARTICLE : 50 DMA Line Defines Support - 6/30/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$240.02	+0.26 0.11%	$242.37	1,658,029 132.01% of 50 DAV 50 DAV is 1,256,000	$240.00 0.01%	6/8/2015	$209.97	PP = $213.43
								MB = $224.10
Most Recent Note - 7/17/2015 1:53:19 PM G - Hitting another new high today, getting more extended from its prior base. Its 50 DMA line ($212.57) defines near-term support. >>> FEATURED STOCK ARTICLE : Still Above Near-Term Support After Pullback on Higher Volume - 7/8/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$239.88	+3.78 1.60%	$242.77	1,565,656 100.69% of 50 DAV 50 DAV is 1,555,000	$246.01 -2.49%	7/14/2015	$236.75	PP = $246.11
								MB = $258.42
Most Recent Note - 7/17/2015 2:09:04 PM Y - Pulling back quietly today after recent gains challenging its 52-week high lacked great volume conviction. A new pivot point was recently cited based on its 5/28/15 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Damaging losses below the recent low ($219.56 on 6/29/15) would raise concerns and trigger a more worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : New Base Has Formed and Earnings News is Due Soon - 7/14/2015 \| 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
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$117.72	+6.60 5.94%	$119.80	4,089,240 105.28% of 50 DAV 50 DAV is 3,884,000	$128.06 -8.07%	5/1/2015	$75.99	PP = $77.49
								MB = $81.36
Most Recent Note - 7/20/2015 5:57:58 PM G - Volume was higher (near average) behind today's 3rd consecutive gain. Found support recently above its 50 DMA line. Subsequent violations of the 50 DMA line and recent low ($93.06 on 6/22/15) would trigger worrisome technical sell signals. >>> FEATURED STOCK ARTICLE : Found Support Above 50-Day Moving Average After Sharp Pullback - 7/17/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ACHC - NASDAQ Acadia Healthcare Inc HEALTH SERVICES - Specialized Health Services	$80.58	-0.39 -0.48%	$81.49	465,319 59.73% of 50 DAV 50 DAV is 779,000	$81.76 -1.44%	5/27/2015	$73.90	PP = $74.19
								MB = $77.90
Most Recent Note - 7/17/2015 2:03:14 PM G - Still holding its ground above its "max buy" level with volume-totals cooling, an indication few are headed for the exit. Prior highs in the $74-75 area define near-term support to watch above its 50 DMA line ($74.44). >>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched at High - 7/15/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
APOG - NASDAQ Apogee Enterprises MATERIALS and CONSTRUCTION - General Building Materials	$54.40	+0.75 1.40%	$54.46	378,890 124.23% of 50 DAV 50 DAV is 305,000	$61.05 -10.89%	4/9/2015	$49.58	PP = $48.13
								MB = $50.54
Most Recent Note - 7/17/2015 2:04:49 PM G - Posting a 3rd consecutive gain today, but still below its 50 DMA line ($54.82). A rebound above the 50 DMA line is needed to help its outlook improve. Damaging losses below recent low ($50.07 on 7/07/15) would raise greater concerns. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Sputtering After Damaging 50-Day Moving Average Violation - 7/13/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
JLL - NYSE Jones Lang Lasalle Inc REAL ESTATE - Property Management/Developmen	$174.64	+1.35 0.78%	$175.19	349,876 101.71% of 50 DAV 50 DAV is 344,000	$177.11 -1.39%	6/4/2015	$172.34	PP = $174.93
								MB = $183.68
Most Recent Note - 7/17/2015 2:01:12 PM Y - Volume totals have been cooling while consolidating near its all-time high and above support at its 50 DMA line ($171.05). Recent gains above the pivot point lacked the minimum +40% above average volume necessary to trigger a new (or add-on) technical buy signal. >>> FEATURED STOCK ARTICLE : Did Not Trigger a New Technical Buy Signal - 6/29/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ULTA - NASDAQ Ulta Salon Cosm & Frag SPECIALTY RETAIL - Specialty Retail, Other	$167.94	+1.03 0.62%	$168.53	447,046 54.39% of 50 DAV 50 DAV is 822,000	$169.31 -0.81%	5/29/2015	$155.03	PP = $159.95
								MB = $167.95
Most Recent Note - 7/20/2015 5:54:47 PM G - Color code is changed to green while perched near its "max buy" level after recent gains lacking volume conviction. Prior highs near $159 define initial support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Near "Max Buy" Level, But Recent Gains Lacked Great Volume Conviction - 7/20/2015 \| 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
LXFT - NYSE Luxoft Holding Inc Cl A Comp Sftwr-Spec Enterprs	$61.39	-1.29 -2.06%	$63.00	176,711 70.97% of 50 DAV 50 DAV is 249,000	$63.00 -2.56%	5/26/2015	$51.90	PP = $57.40
								MB = $60.27
Most Recent Note - 7/20/2015 5:56:20 PM G - Pulled back today with lighter volume. Prior highs define near-term support above its 50 DMA line. Subsequent violations would trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Extended From Base After Wedging Higher - 7/16/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$190.03	-1.22 -0.64%	$191.55	1,156,716 79.77% of 50 DAV 50 DAV is 1,450,000	$192.70 -1.39%	3/27/2015	$146.44	PP = $149.45
								MB = $156.92
Most Recent Note - 7/16/2015 3:54:46 PM G - Wedging further into new high territory with today's 7th consecutive gain lacking great volume conviction, getting more extended from any sound base. Recent lows and its 50 DMA line define the nearest chart support to watch. >>> FEATURED STOCK ARTICLE : Higher Volume Loss a Sign of Distributional Pressure - 6/26/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

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.

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