FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Wednesday, October 11th, 2017

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AFTER MARKET UPDATE - WEDNESDAY, OCTOBER 11TH, 2017

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Indices				NYSE			Nasdaq
DOW	+42.21	22,872.89	+0.18%	Volume	742,701,430	+5%	Volume	1,830,021,960	+2%
NASDAQ	+16.30	6,603.55	+0.25%	Advancers	1,710	59%	Advancers	1,336	49%
S&P 500	+4.60	2,555.24	+0.18%	Decliners	1,169	41%	Decliners	1,416	51%
Russell 2000	-1.08	1,506.92	-0.07%	52 Wk Highs	182		52 Wk Highs	223
S&P 600	-1.96	910.54	-0.21%	52 Wk Lows	20		52 Wk Lows	33

Indices Rose Again With Higher Volume Totals
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks finished higher Wednesday. The Dow was up 42 points to 22872. The S&P 500 was up 4 points to 2555. The Nasdaq Composite added 16 points to 6603. Volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange. Advancers led decliners by a 3-2 margin on the NYSE, but decliners held a narrow lead over advancers on the Nasdaq exchange. There were 87 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 97 on the prior session. New 52-week highs totals solidly 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 Dow Jones Industrial Average hit a new record high. During the recent consolidation it found prompt support near 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 rose modestly as investors digested the minutes from the September Federal Reserve meeting on monetary policy. Analysts are taking the minutes to represent a slightly more dovish outlook than was reported in the aftermath of the September meeting. Still, Fed Fund Futures tracked by the CME group suggest an 88% chance of a third rate hike in 2017. An update on the data front revealed job openings eased slightly in August but remain near a record high.

Eight of 11 S&P 500 sectors were positive on the session. Consumer Staples outperformed with, Colgate- Palmolive (CL +2.51%) rose on positive analyst sentiment. In earnings news, Delta Airlines (DAL +0.70%) and BlackRock (BLK +1.81%) rose after both companies posted quarterly results that topped analyst estimates. Fastenal (FAST -0.78%) fell after a mixed earnings release. In other news, General Electric (GE -1.24%) fell on negative analyst commentary surrounding its dividend.

Treasuries were little changed, with the yield on the benchmark 10-year note flat at 2.34%. In commodities, NYMEX WTI reversed early day losses and finished up 0.7% to $51.29/barrel. COMEX gold retreated 0.2% to $1288.54/ounce. In FOREX trading the U.S. dollar index was off 0.4% against its peers.

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.

Retail, Broker/Dealer, Semiconductor, and Gold & Silver Indexes Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

On Wednesday the Bank Index ($BKX -0.34%) fell slightly while the Broker/Dealer Index ($XBD +0.51%) and the Retail Index ($RLX +0.30%) both edged higher. The tech sector was mixed as the Semiconductor Index ($SOX +0.66%) rose again but the Biotechnology Index ($BTK +0.17%) posted a smaller gain and the Networking Index ($NWX -0.22%) ended slightly lower on the session. The Gold & Silver Index ($XAU +0.46%) rose and the Integrated Oil Index ($XOI +0.32%) also edged higher, but the Oil Services Index ($OSX -0.02%) finished flat.

Charts courtesy www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX +0.66%) is perched at a new all-time high after a streak of 11 consecutive gains.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	138.81	-0.03	-0.02%	-24.47%
Integrated Oil	$XOI	1,221.84	+3.84	+0.32%	-3.64%
Semiconductor	$SOX	1,215.19	+7.99	+0.66%	+34.06%
Networking	$NWX	467.84	-1.02	-0.22%	+4.87%
Broker/Dealer	$XBD	248.40	+1.26	+0.51%	+21.00%
Retail	$RLX	1,553.50	+4.65	+0.30%	+15.68%
Gold & Silver	$XAU	87.14	+0.40	+0.46%	+10.50%
Bank	$BKX	100.42	-0.34	-0.34%	+9.40%
Biotech	$BTK	4,275.71	+7.18	+0.17%	+39.05%

Perched Near High Following Volume-Driven Breakout Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Preferred Bank Los Angeles (PFBC -$0.26 or -0.44% to $59.36) was highlighted in yellow with pivot point cited based on its 7/20/17 high plus 10 cents in the prior mid-day report (read here). It rebounded above its 50-day moving average (DMA) line and hit new 52-week highs, triggering a technical buy signal with considerable volume-driven gains on 9/27 and 9/28. Now it faces no resistance due to overhead supply.

Recently it reported earnings +31% on +26% sales revenues for the Jun '17 quarter, its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been strong after a downturn in FY '12.

It currently has a Timeliness rating of A and a Sponsorship rating of B. The number of top-rated funds owning its shares rose from 262 in Dec '16 to 293 in Sep '17, a reassuring sign concerning the I criteria.

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
MPX - NYSE Marine Products Corp AUTOMOTIVE - Recreational Vehicles	$15.99	-0.11 -0.68%	$16.14	15,707 46.20% of 50 DAV 50 DAV is 34,000	$17.12 -6.60%	9/26/2017	$16.30	PP = $16.35
								MB = $17.17
Most Recent Note - 10/11/2017 5:07:28 PM Y - Volume totals have been cooling. Recent losses negated the breakout attempt and it slumped back into the prior base raising concerns. Confirming volume-driven gains above the pivot point and for new highs would be a very reassuring sign of fresh institutional buying demand, >>> 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	$127.77	-0.59 -0.46%	$129.73	545,071 79.92% of 50 DAV 50 DAV is 682,000	$129.88 -1.62%	8/14/2017	$106.67	PP = $110.01
								MB = $115.51
Most Recent Note - 10/9/2017 5:31:21 PM G - Touched a new 52-week high with light volume behind today's 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
PFBC - NASDAQ Preferred Bank Los Angls BANKING - Regional - Pacific Banks	$59.36	-0.26 -0.44%	$59.68	94,618 150.19% of 50 DAV 50 DAV is 63,000	$60.99 -2.67%	10/10/2017	$59.38	PP = $59.08
								MB = $62.03
Most Recent Note - 10/11/2017 6:04:51 PM Y - Ended slightly lower with a 3rd consecutive small loss today with above average volume. It was highlighted in yellow with pivot point cited based on its 7/20/17 high plus 10 cents in the 10/10/17 mid-day report. Hit new 52-week highs, triggering a technical buy signal with considerable volume-driven gains on 9/27 and 9/28. Faces no resistance due to overhead supply. Reported earnings +31% on +26% sales revenues for the Jun '17 quarter, its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Perched Near High Following Volume-Driven Breakout Gains - 10/11/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AVGO - NASDAQ Avago Technologies Ltd ELECTRONICS - Semiconductor - Broad Line	$250.40	+4.41 1.79%	$251.17	2,647,308 102.65% of 50 DAV 50 DAV is 2,579,000	$259.36 -3.45%	8/24/2017	$252.44	PP = $256.89
								MB = $269.73
Most Recent Note - 10/10/2017 5:52:09 PM G - Met resistance today, meanwhile, a rebound above the 50 DMA line ($246.88) is needed for its outlook to improve. Damaging losses below the recent low ($231.53 on 9/25/17) would raise serious concerns and trigger a more worrisome technical sell signal. >>> 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	$90.18	+0.91 1.02%	$90.74	943,800 52.46% of 50 DAV 50 DAV is 1,799,000	$94.00 -4.06%	9/25/2017	$80.26	PP = $83.10
								MB = $87.26
Most Recent Note - 10/10/2017 5:55:07 PM G - Encountered distributional pressure after getting extended from its prior base. Prior highs in the $83 area define initial support to watch above its 50 DMA line ($78.22). >>> 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
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
STMP - NASDAQ Stamps.com Inc INTERNET - Internet Software and Services	$217.70	+1.65 0.76%	$222.90	442,468 99.43% of 50 DAV 50 DAV is 445,000	$220.25 -1.16%	9/11/2017	$193.65	PP = $220.35
								MB = $231.37
Most Recent Note - 10/11/2017 4:41:41 PM Y - Faces no resistance and hit a new 52-week high today but quietly ended the session in the lower half of its intra-day range. The new pivot point cited was based on its 8/07/17 high plus 10 cents. 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 ($203) define important near-term support where violations would trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Perched Near Pivot Point With No Resistance Remaining - 10/4/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HTHT - NASDAQ China Lodging Group Ads LEISURE - Lodging	$129.61	-1.27 -0.97%	$133.35	304,182 83.11% of 50 DAV 50 DAV is 366,000	$138.44 -6.38%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 10/10/2017 12:11:46 PM G - Retreating today from a record high hit on the prior session. Very extended from any sound base. Earnings +19% on +18% sales revenues for the Jun '17 quarter were below the +25% minimum earnings guideline (C criteria). Its 50 DMA line ($113) defines near-term support. >>> FEATURED STOCK ARTICLE : Holding Ground Stubbornly After Considerable Rally - 10/5/2017 \| 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	$37.43	+0.02 0.05%	$37.58	70,603 36.96% of 50 DAV 50 DAV is 191,000	$39.29 -4.74%	7/28/2017	$33.50	PP = $33.32
								MB = $34.99
Most Recent Note - 10/11/2017 3:59:48 PM G - Extended from any sound base, and volume totals have been cooling while consolidating. Near-term support at its 50 DMA line coincides with prior highs in the $36 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	$40.27	+0.57 1.44%	$40.67	639,451 82.83% of 50 DAV 50 DAV is 772,000	$41.44 -2.82%	10/9/2017	$39.75	PP = $41.54
								MB = $43.62
Most Recent Note - 10/9/2017 11:57:01 AM Y - Perched within striking distance of its all-time high, but pulling back toward its 50 DMA line ($38.93) which recently acted as support. Little resistance remains due to overhead supply. New pivot point is cited based on its 8/07/17 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. >>> 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
FIVE - NASDAQ Five Below Inc Retail-DiscountandVariety	$55.98	-0.21 -0.37%	$56.66	577,334 65.24% of 50 DAV 50 DAV is 885,000	$57.65 -2.90%	10/6/2017	$57.13	PP = $54.23
								MB = $56.94
Most Recent Note - 10/11/2017 4:52:17 PM Y - Pulled back today for a 3rd small loss on ever-decreasing volume. Prior highs in the $54 area define near-term support. Technically, volume was +130% above average behind a big breakout gain on 10/06/17, when it was highlighted in yellow in the mid-day report. >>> FEATURED STOCK ARTICLE : Finished Strong With Above Average Volume Behind Big Gain - 10/6/2017 \| 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
OLED - NASDAQ Universal Display Corp Elec-Misc Products	$130.20	+1.75 1.36%	$130.65	472,844 54.29% of 50 DAV 50 DAV is 871,000	$145.30 -10.39%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 10/11/2017 5:01:33 PM Y - Volume totals have been cooling in recent weeks after abruptly pulling back near prior highs. Its 50 DMA line and recent lows define important near-term support to watch in the $123-124 area. >>> 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	$192.95	+0.13 0.07%	$193.52	333,987 40.68% of 50 DAV 50 DAV is 821,000	$196.27 -1.69%	8/4/2017	$173.31	PP = $163.07
								MB = $171.22
Most Recent Note - 10/10/2017 5:50:32 PM G - Quietly hovering near its all-time high, extended from any sound base. Its 50 DMA line and prior highs coincide in the $176 area, defining important near-term support to watch on pullbacks. 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
GRUB - NYSE Grubhub Inc COMPUTER SOFTWARE and SERVICES - Technical and System Software	$51.98	-0.21 -0.40%	$52.51	547,077 28.38% of 50 DAV 50 DAV is 1,928,000	$57.61 -9.77%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 10/11/2017 4:55:13 PM G - Still sputtering below its 50 DMA line ($53.90), and the longer it lingers below that short-term average the worse its outlook gets. The recent low ($49.60 on 9/22/17) defines near-term support above 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 : Gain Above 50-Day Moving Average Line Helped Technical Stance - 10/2/2017 \| 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	$65.20	+0.20 0.31%	$65.95	126,993 79.37% of 50 DAV 50 DAV is 160,000	$67.15 -2.90%	9/19/2017	$59.15	PP = $60.10
								MB = $63.11
Most Recent Note - 10/11/2017 4:58:37 PM G - Volume totals have been cooling while consolidating. It is extended from prior highs in the $60 area that define initial support above its 50 DMA line ($59.13). >>> FEATURED STOCK ARTICLE : Building - Maintenance & Service Firm Extended From Latest Base - 10/9/2017 \| 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	$43.15	-0.20 -0.46%	$43.30	41,949 107.56% of 50 DAV 50 DAV is 39,000	$43.80 -1.48%	4/25/2017	$38.95	PP = $40.09
								MB = $42.09
Most Recent Note - 10/10/2017 5:53:12 PM G - Stubbornly holding its ground at its 52-week high following 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
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
OLLI - NASDAQ Ollie's Bargain Outlet Retail-DiscountandVariety	$45.45	+0.20 0.44%	$45.80	267,325 47.99% of 50 DAV 50 DAV is 557,000	$46.90 -3.09%	9/8/2017	$45.20	PP = $46.18
								MB = $48.49
Most Recent Note - 10/11/2017 4:03:14 PM Y - Hovering near its all-time high with volume totals cooling. Recent gains above the latest pivot point did not meet the minimum +40% above average volume threshold necessary to trigger a proper new (or add-on) technical buy signal. Confirming volume-driven gains would be a reassuring sign of fresh institutional buying demand. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Quietly Hit New Highs Without Great Volume Conviction - 10/3/2017 \| 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	$39.42	+0.17 0.43%	$39.90	174,636 81.61% of 50 DAV 50 DAV is 214,000	$40.63 -2.98%	9/18/2017	$37.04	PP = $39.78
								MB = $41.77
Most Recent Note - 10/11/2017 3:55:42 PM Y - Quietly consolidating after wedging to new highs with recent gains lacking volume conviction. Gains above the pivot point must be backed by at least +40% above average volume to trigger a proper 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. >>> 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
ICHR - NASDAQ Ichor Holdings Ltd ELECTRONICS - Semiconductor Equipment	$30.20	+0.15 0.50%	$31.68	1,505,657 203.19% of 50 DAV 50 DAV is 741,000	$30.34 -0.46%	10/10/2017	$29.39	PP = $28.36
								MB = $29.78
Most Recent Note - 10/11/2017 12:18:35 PM Y - Hit a new high today but reversed into the red. Finished strong on the prior session after highlighted in yellow with pivot point cited based on its 10/02/17 high. It rallied from a cup-with-handle base. Reported great increases for the past 4 quarterly comparisons through Jun '17, helping it better match the fact-based investment system's fundamental guidelines. Limited history is a concern and it is up considerably from its $9 IPO on 12/09/16. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Semiconductor Equipment Firm Finished Strong After Highlighted - 10/10/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

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