FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Tuesday, September 22nd, 2015

<<<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 Friday, September 6, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - TUESDAY, SEPTEMBER 22ND, 2015

Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	-179.72	16,330.47	-1.09%	Volume	940,337,970	+18%	Volume	1,882,507,480	+1%
NASDAQ	-72.23	4,756.72	-1.50%	Advancers	626	20%	Advancers	637	21%
S&P 500	-24.23	1,942.74	-1.23%	Decliners	2,476	80%	Decliners	2,404	79%
Russell 2000	-18.05	1,143.03	-1.55%	52 Wk Highs	4		52 Wk Highs	14
S&P 600	-9.47	664.56	-1.40%	52 Wk Lows	213		52 Wk Lows	132

Leadership Remains Elusive and Distributional Pressure Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks finished down but off of their lows for the day. The Dow fell 179 points to 16330. The S&P 500 declined 24 points to 1942. The NASDAQ retreated 72 points to 4756. The volume totals were reported higher than the prior session totals on the NYSE and on the Nasdaq exchange, revealing institutional selling pressure. Breadth was negative as decliners led advancers by nearly a 4-1 margin on the NYSE and on the Nasdaq exchange. Leadership dried up as only 2 stocks made it onto the BreakOuts Page, down from 9 high-ranked companies from the Leaders List that made a new 52-week high on the prior session. The total number of new 52-week lows expanded and solidly outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. There were gains for 2 of the 5 high-ranked companies currently on the Featured Stocks Page.

Charts courtesy www.stockcharts.com

PICTURED: The Dow Jones Industrial Average did not even rally to challenge its 50-day moving average (DMA) line before slumping again on higher volume. It is well below its 200-day moving average line. At least 2 of the 3 major indices should be trading above their respective 200-day moving average (DMA) lines in order for a market environment to be considered technically "healthy". A lot of recovery work must be done to get the indices back into healthy shape, and that improvement could require some considerable time and patience.

New buying efforts may only be considered in stocks meeting all key criteria of the fact-based investment system. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.

The major averages fell amid a confluence of negative corporate events. All 10 sectors of the S&P 500 were in negative territory. Materials and tech stocks were the worst performers. Lower metal prices pushed Alcoa (AA -4.04%) down. In tech, Apple (AAPL -1.57%) fell. Volkswagen drove consumer discretionary lower on the heels of its criminal probe. Volkswagen (VLKAY -15.48%) and Ford (F -2.79%) both fell. Amgen (AMGN -0.79%) was off following Hillary Clinton’s bearish comments. In financials, Goldman Sachs (GS -1.98%) fell after Lloyd Blankfein was diagnosed with Lymphoma, and Bank of America (BAC -0.83%) edged lower after shareholders decided not to split the CEO and Chairman roles.

Economic data showed manufacturing fell in the Richmond area in September, while home prices rose more than expected in August.

Treasuries gained on the equity weakness. The two-year note climbed 2/32 to yield 0.67%, amid a $21 billion auction. The benchmark 10-year note added 18/32 to yield 2.14%.

Commodities were mostly lower. WTI crude lost 1.8% to $45.83 per barrel. COMEX gold finished 0.8% lower to $1124.50 per ounce. In FOREX, the dollar strengthened against the euro but weakened against the yen.

The number of stocks listed to the Featured Stocks Page waned during deteriorating market conditions. The most current notes with headline links help members have access to 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.

Widespread Weakness Hurt All Industry Groups
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Gold & Silver Index ($XAU -4.66%) was a standout decliner on Tuesday. The Retail Index ($RLX -1.17%) slumped and financial shares were also a negative influence on the major averages as the Broker/Dealer Index ($XBD -1.20%) and the Bank Index ($BKX -1.28%) both fell. Tech sector weakness weighed on the Nasdaq Composite Index more than the other major averages as the Semiconductor Index ($SOX -2.25%), Biotechnology Index ($BTK -1.45%), and the Networking Index ($NWX -1.56%) suffered unanimous losses. The Integrated Oil Index ($XOI -1.41%) fell and the Oil Services Index ($OSX -0.09%) finished flat.

Charts courtesy www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI -1.41%) remains well below its 50-day moving average (DMA) line after rebounding from late-August lows. It has been below the 50 DMA line since May. This argues that very few stocks in the industry group 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	168.69	-0.15	-0.09%	-20.00%
Integrated Oil	$XOI	1,070.69	-15.36	-1.41%	-20.58%
Semiconductor	$SOX	595.06	-13.67	-2.25%	-13.37%
Networking	$NWX	360.24	-5.69	-1.56%	+0.64%
Broker/Dealer	$XBD	168.89	-2.05	-1.20%	-8.53%
Retail	$RLX	1,194.38	-14.11	-1.17%	+15.65%
Gold & Silver	$XAU	45.23	-2.22	-4.68%	-34.24%
Bank	$BKX	69.42	-0.90	-1.28%	-6.52%
Biotech	$BTK	3,791.20	-55.62	-1.45%	+10.24%

Are You Using This Information to Make Fact-Based Buy/Sell Decisions With Success?
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

You want to get above average results, and market conditions (the M criteria) are challenging at times, so you must always remain disciplined, yet patient.

There are few stocks included on the Featured Stocks list now and none of the companies need additional review. At times like these we have an opportunity to look back and review. We recently reviewed Ambarella (AMBA) on 9/03/15 and Skyworks (SWKS) on 9/17/15 because previously featured stocks which were dropped can serve as educational examples of the investment system's tactics. It is also a reminder that high-ranked leaders eventually fall out of favor.

If you wish to request for a specific stock to receive more detailed coverage in this section please use the inquiry form to submit your request. Thank you!

Professional Money Management Services - A Winning System - Inquire today!
Our skilled portfolio manager knows how to follow the rules of this fact-based investment system. We do not follow opinion or the "conviction list" of some large Wall Street institution which would have us fully invested even during horrific bear markets. Instead, we remain fluid and only buy the best stocks when they are triggering proper technical buy signals. If you are not completely satisfied with the way your portfolio is being managed, Click here and indicate "Find a Broker" to get connected with our portfolio managers. *Accounts over $250,000 please. ** Serious inquires only, please.

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
BOFI - NASDAQ B O F I Holding Inc BANKING - Savings andamp; Loans	$122.38	+1.17 0.97%	$122.63	148,737 49.58% of 50 DAV 50 DAV is 300,000	$134.79 -9.21%	6/10/2015	$101.47	PP = $97.78
								MB = $102.67
Most Recent Note - 9/21/2015 5:50:10 PM G - Quietly consolidating above its 50 DMA ($120.43) line. It has not formed a sound base of sufficient length. >>> FEATURED STOCK ARTICLE : Slumped Below 50-Day Average With Higher Volume Loss - 9/18/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AHS - NYSE A M N Healthcare Svcs DIVERSIFIED SERVICES - Staffing and Outsourcing Service	$35.95	+0.09 0.25%	$36.20	649,302 93.02% of 50 DAV 50 DAV is 698,000	$37.25 -3.49%	8/5/2015	$34.50	PP = $32.53
								MB = $34.16
Most Recent Note - 9/18/2015 5:56:32 PM G - Fell today with higher volume indicative of distributional pressure. Still consolidating above its 50 DMA line ($33.15) and prior highs defining important near term support. >>> FEATURED STOCK ARTICLE : Found Support Above 50-Day Moving Average - 9/14/2015 \| 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	$165.78	-2.91 -1.73%	$167.66	566,847 60.37% of 50 DAV 50 DAV is 939,000	$176.77 -6.22%	5/29/2015	$155.03	PP = $159.95
								MB = $167.95
Most Recent Note - 9/21/2015 5:51:42 PM G - Consolidating above its 50 DMA line ($165.30). It has not formed a sound base following the deep shakeout on 8/24/15. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line - 9/21/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LXFT - NYSE Luxoft Holding Inc Cl A Comp Sftwr-Spec Enterprs	$64.37	-1.48 -2.25%	$65.31	142,921 55.83% of 50 DAV 50 DAV is 256,000	$68.85 -6.51%	5/26/2015	$51.90	PP = $57.40
								MB = $60.27
Most Recent Note - 9/21/2015 5:53:42 PM G -No resistance remains while perched at its all-time high free of all overhead supply. It did not form a sound base, however it found prompt support after violating its 50 DMA line. >>> FEATURED STOCK ARTICLE : Quiet Gain For Second Best Close Ever - 9/15/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
INGN - NASDAQ Inogen Inc HEALTH SERVICES - Medical Instruments and Supplies	$53.35	-0.14 -0.26%	$54.74	279,444 103.88% of 50 DAV 50 DAV is 269,000	$55.98 -4.70%	8/12/2015	$49.01	PP = $45.85
								MB = $48.14
Most Recent Note - 9/18/2015 5:59:37 PM G - Finished near the session high today with a small gain on heavy volume amid broader market weakness. Extended from its prior base. Its 50 DMA line and prior highs define near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Another New High Close For Medical Products Firm - 9/16/2015 \| 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

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.