FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Friday, September 29th, 2017

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AFTER MARKET UPDATE - FRIDAY, SEPTEMBER 29TH, 2017

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Indices				NYSE			Nasdaq
DOW	+23.89	22,405.09	+0.11%	Volume	936,117,300	+22%	Volume	1,973,642,080	+5%
NASDAQ	+42.51	6,495.96	+0.66%	Advancers	1,787	61%	Advancers	1,369	53%
S&P 500	+9.30	2,519.36	+0.37%	Decliners	1,151	39%	Decliners	1,237	47%
Russell 2000	+2.08	1,490.86	+0.14%	52 Wk Highs	205		52 Wk Highs	283
S&P 600	+2.39	904.34	+0.26%	52 Wk Lows	13		52 Wk Lows	21

Major Indices Extend Record Rally
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

For the week, the Dow added 0.3%, while the S&P 500 gained 0.7% and the Nasdaq climbed 1.1%. The Dow gained 2.1% in September while the S&P 500 advanced 1.9% and the Nasdaq was up 1.1%. For the third quarter, the Dow climbed 4.9%, capping the first eight quarter winning streak for the blue-chip index in 20 years. The S&P 500 added 4% while the Nasdaq increased 5.8%. Stocks finished in positive territory Friday. The Dow was up 23 points at 22405. The S&P 500 was up 9 points to 2519. The Nasdaq Composite gained 42 points to 6495. Volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by a 3-2 margin on the NYSE but only by a narrow margin on the Nasdaq exchange. There were 96 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 84 on the prior session. New 52-week highs totals expanded and outnumbered new 52-week lows totals on the Nasdaq exchange and on the NYSE. The Featured Stocks Page provides the latest analysis on noteworthy high-ranked leaders.

Charts used courtesy of www.stockcharts.com

PICTURED: The benchmark S&P 500 Index hit a new record high with a 4th consecutive gain. In mid-August it found prompt support above the prior low after undercutting its 50-day moving average (DMA) line.

The major averages' (M criteria) are in a confirmed uptrend. Leadership has remained healthy. Investors should buy stocks meeting all key criteria of the fact-based investment system on a case-by-case basis as they trigger technical buy signals.

The major averages finished higher while Treasuries declined amid an influx of central bank commentary and economic releases. The Fed chatter included reports that President Trump will nominate a successor to Fed Chair Janet Yellen in the coming weeks. On the data front, The PCE Deflator inched up 0.2% in August, below expectations of a 0.3% increase.

Seven of 11 sectors in the S&P 500 finished in the green with Technology shares outperforming. Facebook (FB +1.27%) rose. In earnings news, Tyson Foods (TSN +7.64%) rose following its increased forward guidance. Scana Corp (SCG +4.90%) continued its recent decline.

Treasuries were lower on the session, the yield on the benchmark 10-year note climbed 3 basis points to 2.33%. In commodities, NYMEX WTI crude rose less than 0.1% to $51.59/barrel.

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, Tech and Energy-Linked Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

On Friday the Broker/Dealer Index ($XBD +0.57%), Bank Index ($BKX +0.59%) and the Retail Index ($RLX +0.49%) each posted a small gain. The tech sector saw unanimous gains from Semiconductor Index ($SOX +0.86%), Biotechnology Index ($BTK +0.51%) and Networking Index ($NWX +0.78%). The Gold & Silver Index ($XAU -1.21%) edged lower while energy-linked groups had a slightly positive bias as the Oil Services Index ($OSX +0.43%) and the Integrated Oil Index ($XOI +0.16%) eked out tiny gains.

Charts courtesy www.stockcharts.com

PICTURED: The Oil Services Index ($OSX +0.43%) recently rebounded above its prior high, rising toward its 200-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	142.17	+0.61	+0.43%	-22.65%
Integrated Oil	$XOI	1,216.14	+1.97	+0.16%	-4.09%
Semiconductor	$SOX	1,171.74	+10.05	+0.87%	+29.26%
Networking	$NWX	465.06	+3.59	+0.78%	+4.25%
Broker/Dealer	$XBD	241.47	+1.36	+0.57%	+17.63%
Retail	$RLX	1,523.19	+7.39	+0.49%	+13.47%
Gold & Silver	$XAU	84.65	-1.04	-1.21%	+7.34%
Bank	$BKX	99.26	+0.57	+0.58%	+8.14%
Biotech	$BTK	4,203.32	+21.52	+0.51%	+36.69%

Perched Within Close Striking Distance of Prior High
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Essent Group Ltd (ESNT -$0.02 or -0.05% to $40.50) is consolidating above its 50-day moving average (DMA) line ($38.57), and very little resistance remains due to overhead supply. It currently has a Timeliness rating of A and a Sponsorship rating of C

ESNT completed a new Public Offering on 8/08/17. During a subsequent consolidation it found support near prior lows ($36.71 on 8/11/17) and near its 200 DMA line, then a prompt rebound above the 50 DMA line helped its outlook improve. It was last shown in this FSU section on 9/05/17 with an annotated graph under the headline, "Undercut 50-Day Moving Average in Slump Toward Prior Lows".

The high-ranked Finance-Mrtg and Rel Svc firm's quarterly earnings have been above the +25% minimum guideline (C criteria) and sales revenues increases in comparisons through Jun '17 have been strong. Its annual earnings (A criteria) history has been good since its $17 IPO on 10/31/13.

It completed a new Public Offering on 11/19/14. It was first highlighted in yellow with pivot point cited based on its 12/12/16 high plus 10 cents in the 1/25/17 mid-day report (read here). The number of top-rated funds owning its shares rose from 317 in Mar '16 to 454 in Jun '17, a reassuring sign concerning the I criteria.

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
MPX - NYSE Marine Products Corp AUTOMOTIVE - Recreational Vehicles	$16.05	-0.88 -5.20%	$17.01	96,650 268.47% of 50 DAV 50 DAV is 36,000	$17.12 -6.25%	9/26/2017	$16.30	PP = $16.35
								MB = $17.17
Most Recent Note - 9/29/2017 12:53:13 PM Y - Encountered damaging distributional pressure with a big loss today on higher volume. Members were cautioned in the prior note 5:19PM 9/27/17 - "Hit yet another new high with today's 6th consecutive gain, however, volume was only +13% above average, not indicative of heavy institutional buying demand. It was highlighted in yellow with pivot point cited based on its 7/12/17 high plus 10 cents in the 9/26/17 mid-day report. Gains above the pivot point must be backed by at least +40% above average volume to clinch a convincing technical buy signal. See the latest FSU analysis for more details and an annotated graph." >>> FEATURED STOCK ARTICLE : Powerboat Maker Hit Another New 52-Week High - 9/26/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
THO - NYSE Thor Industries Inc AUTOMOTIVE - Recreational Vehicles	$125.91	+2.84 2.31%	$127.12	1,395,125 250.92% of 50 DAV 50 DAV is 556,000	$124.16 1.41%	8/14/2017	$106.67	PP = $110.01
								MB = $115.51
Most Recent Note - 9/29/2017 1:07:26 PM G - Hitting yet another new 52-week high with today's 5th consecutive volume-driven gain, getting more extended from the previously noted base. Prior highs in the $115 area define initial support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Wedged to New High Then Ended the Session Weak - 9/18/2017 \| 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	$242.54	-0.40 -0.16%	$244.28	1,727,224 66.66% of 50 DAV 50 DAV is 2,591,000	$259.36 -6.49%	8/24/2017	$252.44	PP = $256.89
								MB = $269.73
Most Recent Note - 9/26/2017 6:15:21 PM G - Halted its slide with a volume-driven gain today. Found support after undercutting recent lows in the $238-240 area with volume-driven losses triggering more worrisome technical sell signals. A rebound above the 50 DMA line ($248) is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Technical Deterioration Raises Concerns - 9/21/2017 \| 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	$86.78	+0.96 1.12%	$89.37	1,488,422 85.39% of 50 DAV 50 DAV is 1,743,000	$86.98 -0.23%	9/25/2017	$80.26	PP = $83.10
								MB = $87.26
Most Recent Note - 9/27/2017 1:27:57 PM Y - Hitting another new 52-week high with today's 2nd consecutive volume-driven gain. Encountered distributional pressure on 9/25/17 after highlighted in yellow with pivot point based on its 8/10/17 high plus 10 cents. Gains above the pivot point must be backed by at least +40% above average volume to trigger a proper technical buy signal. This Chinese Internet - Content firm found support in recent weeks above its 50 DMA line. Completed a new Public Offering on 8/16/17. Reported Jun '17 quarterly earnings +53% on +29% sales revenues, its 4th consecutive strong quarterly report above the +25% minimum (C criteria). See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure When Challenging Prior HIgh - 9/25/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
STMP - NASDAQ Stamps.com Inc INTERNET - Internet Software and Services	$202.65	+2.50 1.25%	$210.55	414,306 92.89% of 50 DAV 50 DAV is 446,000	$220.25 -7.99%	9/11/2017	$193.65	PP = $220.35
								MB = $231.37
Most Recent Note - 9/25/2017 3:12:34 PM Y - Reversed into the red today after 6 consecutive gains marked by light volume. The new pivot point cited was based on its 8/07/17 high plus 10 cents. Faces some near-term resistance. Subsequent volume-driven gains above the pivot point are needed to trigger a new (or add-on) technical buy signal. Recent low ($185.80 on 9/05/17) and its 50 DMA line ($188) define important near-term support where violations would trigger technical sell signals. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : New Base Being Built After Considerable Gap Higher - 9/11/2017 \| 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
HTHT - NASDAQ China Lodging Group Ads LEISURE - Lodging	$118.82	-1.42 -1.18%	$120.49	274,418 77.08% of 50 DAV 50 DAV is 356,000	$126.29 -5.91%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 9/25/2017 3:13:42 PM G - Pulling back from its all-time high with today's 4th consecutive loss, still very extended from any sound base. Recently reported earnings +19% on +18% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria). Its 50 DMA line ($106.51) defines near-term support. >>> FEATURED STOCK ARTICLE : Considerable Rally However Fundamental Concerns Were Raised - 9/12/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LMAT - NASDAQ Lemaitre Vascular Inc Medical-Products	$37.42	-0.24 -0.64%	$37.76	175,558 83.20% of 50 DAV 50 DAV is 211,000	$39.29 -4.77%	7/28/2017	$33.50	PP = $33.32
								MB = $34.99
Most Recent Note - 9/27/2017 5:36:00 PM G - Posted a 2nd consecutive gain today on light volume. The 50 DMA line ($34.81) defines near-term support to watch above prior highs in the $33 area. >>> FEATURED STOCK ARTICLE : Quietly Pulling Back From High After More Volume-Driven Gains - 9/22/2017 \| 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	$40.50	-0.02 -0.05%	$40.78	471,265 66.38% of 50 DAV 50 DAV is 710,000	$41.44 -2.27%	7/3/2017	$38.05	PP = $39.60
								MB = $41.58
Most Recent Note - 9/29/2017 6:36:07 PM Y - Consolidating above its 50 DMA line with very little resistance remaining due to overhead supply. See the latest FSU analysis for more details for a new annotated graph. >>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of Prior High - 9/29/2017 \| 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	$128.85	+1.00 0.78%	$129.78	583,277 66.51% of 50 DAV 50 DAV is 877,000	$145.30 -11.32%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 9/28/2017 6:00:43 PM Y - Holding its ground after pulling back near prior highs in the $127-130 area. Its 50 DMA line ($122.36) defines the next important support to watch. See the latest FSU analysis for more details and a new annotated graph >>> FEATURED STOCK ARTICLE : Consolidating Near Prior Highs Following Recent Breakout - 9/28/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ANET - NYSE Arista Networks Inc TELECOMMUNICATIONS - Communication Equipment	$189.61	+2.06 1.10%	$189.90	446,198 51.70% of 50 DAV 50 DAV is 863,000	$193.24 -1.88%	8/4/2017	$173.31	PP = $163.07
								MB = $171.22
Most Recent Note - 9/25/2017 3:10:58 PM G - Reversed into the red today after hitting yet another new all-time high. extended from any sound base and its 50 DMA line ($168.75) defines important near-term support to watch. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After Additional Volume-Driven Gains - 9/19/2017 \| 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
GRUB - NYSE Grubhub Inc COMPUTER SOFTWARE and SERVICES - Technical and System Software	$52.66	+0.88 1.70%	$52.71	1,844,488 95.52% of 50 DAV 50 DAV is 1,931,000	$57.61 -8.59%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 9/27/2017 5:34:44 PM G - Posted a gain today with lighter volume. A rebound above its 50 DMA line ($52.63) is needed for its outlook to improve. More damaging losses below the recent low ($49.60 on 9/22/17) would raise greater concerns. The next near-term support is prior highs in the $47 area. Recently reported earnings +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Touched New High With Quiet Gain From Brief Consolidation - 9/7/2017 \| 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	$64.80	+0.90 1.41%	$64.90	155,533 112.71% of 50 DAV 50 DAV is 138,000	$65.60 -1.22%	9/19/2017	$59.15	PP = $60.10
								MB = $63.11
Most Recent Note - 9/28/2017 12:34:39 PM Y - There was a "negative reversal" after early gains into new high territory today following 2 consecutive volume-driven gains. Color code is changed to yellow after retreating below its "max buy" level. Prior highs in the $60 area define initial support after the technical breakout this week. >>> FEATURED STOCK ARTICLE : Found Prompt Support Near Prior Highs and 50 Day Average - 9/13/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NCOM - NASDAQ National Commerce Corp BANKING - Regional - Southeast Banks	$42.80	-0.10 -0.23%	$43.80	52,045 148.70% of 50 DAV 50 DAV is 35,000	$42.95 -0.35%	4/25/2017	$38.95	PP = $40.09
								MB = $42.09
Most Recent Note - 9/27/2017 5:27:12 PM G - Hit another new 52-week high with today's 4th consecutive gain adding to an impressive spurt of volume-driven gains. Recently reported Jun '17 earnings +23% on +45% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Relative Strength Rating Fell Below 80+ Minimum Guideline - 9/14/2017 \| 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	$46.40	+0.60 1.31%	$46.70	679,028 121.91% of 50 DAV 50 DAV is 557,000	$46.25 0.32%	9/8/2017	$45.20	PP = $46.18
								MB = $48.49
Most Recent Note - 9/27/2017 5:31:21 PM Y - Found support at its 50 DMA line ($44.40) and posted a solid gain today ending near its session high and near its all-time high. New pivot point cited was based on its 8/01/17 high plus 10 cents. Subsequent gains above the latest pivot point with at least the minimum +40% above average volume may trigger a proper new (or add-on) technical buy signal. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : New Pivot Point Cited After Rebound From Below 50-Day Average - 9/8/2017 \| 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	$39.13	-0.18 -0.46%	$39.37	163,164 70.33% of 50 DAV 50 DAV is 232,000	$39.68 -1.39%	9/18/2017	$37.04	PP = $39.78
								MB = $41.77
Most Recent Note - 9/27/2017 5:15:36 PM Y - Rebounded further above its 50 DMA line ($36.48) today and finished near the session high. Approaching the new pivot point cited based on its 7/26/17 plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Subsequent losses below the recent low ($34.41 on 8/18/17) would raise more serious concerns and trigger a technical sell signal. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Rebounding Toward Prior High and New Pivot Point - 9/27/2017 \| 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

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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