FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Thursday, October 15th, 2015

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AFTER MARKET UPDATE - THURSDAY, OCTOBER 15TH, 2015

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Indices				NYSE			Nasdaq
DOW	+217.00	17,141.75	+1.28%	Volume	932,851,600	+8%	Volume	1,768,621,810	+2%
NASDAQ	+87.25	4,870.10	+1.82%	Advancers	2,524	81%	Advancers	2,414	83%
S&P 500	+29.62	2,023.86	+1.49%	Decliners	579	19%	Decliners	510	17%
Russell 2000	+25.80	1,162.77	+2.27%	52 Wk Highs	51		52 Wk Highs	40
S&P 600	+12.88	685.68	+1.91%	52 Wk Lows	31		52 Wk Lows	51

Breadth Positive as Rebound for Major Indices Continues
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks finished higher on Thursday. The Dow was up 217 points to 17141. The S&P 500 added 29 points to 2023. The NASDAQ gained 87 points to 4870. The volume totals were reported higher than the prior session totals on the NYSE and on the Nasdaq exchange, a sign of better buying demand coming from the institutional crowd. Breadth was solidly positive as advancers led decliners by more than 4-1 on the NYSE and on the Nasdaq exchange. Leadership improved as there were 28 stocks that made it onto the BreakOuts Page, up from the prior session total of 7 high-ranked companies from the Leaders List that made a new 52-week high. New 52-week highs outnumbered new 52-week lows on the NYSE, but new 52-week lows still outnumbered new 52-week highs on the Nasdaq exchange. There were gains for all 6 high-ranked companies currently on the Featured Stocks Page, a disproportionately positive bias versus the broader market.

Charts courtesy www.stockcharts.com

PICTURED: The S&P 500 Index rallied further above its 50-day moving average (DMA) line and rose to finish Thursday's session above its prior recovery high. It is approaching near-term chart resistance at its July low and its 200 DMA line.

The S&P 500 Index and Dow Jones Industrial Average both rallied to their highest closes of the ongoing recovery on Thursday. The Nasdaq Composite Index finally joined them by also rallying above its 50 DMA line. Solid follow-through gains for the major indices established a new confirmed uptrend (M criteria). However, all 3 major averages remain well below their 200-day moving average lines. Members have been repeatedly reminded in recent weeks that 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". Additional recovery work must be done to get the indices back into healthy shape, and that improvement could require some considerable time and patience.

The major averages advanced as investors digested earning reports and positive economic data. Initial jobless claims for the week were 255,000, which was a 42-year low. A separate release showed that consumer prices were mostly in line with expectations. Subtracting food and energy, the data showed a slightly higher-than-expected increase. Overseas, dovish comments from the European Central Bank sent stocks higher in the Eurozone.

All ten sectors in the S&P 500 finished higher on the session with financials and healthcare pacing the gains. In earnings, Goldman Sachs (GS +3.04%) rose despite slightly missing earnings projections. Citigroup Inc (C +4.44%) rose after exceeding consensus profit expectations. Netflix Inc (NFLX -8.29%) fell after the company cited slowing subscriber growth for a revenue miss. United Healthcare (UNH -1.56%) fell despite beating estimates on earnings and revenue. Valeant Pharmaceuticals (VRX -4.75%) after confirming that the company received subpoenas from the U.S. government concerning pricing.

Treasuries moved lower. The benchmark U.S. 10-year Treasury note lost 13/32 to yield 2.02%. Commodities were mixed. WTI crude erased early losses and added 0.2% to $46.73/barrel. COMEX gold climbed 0.7% to $1187.90/ounce. In FOREX, the dollar finished higher with strength against the euro.

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.

Financial, Retail, Biotech and Energy Groups Led Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Financial shares were a positive influence on the major averages as the Broker/Dealer Index ($XBD +3.30%) and Bank Index ($BKX +2.69%) both rose. The Oil Services Index ($OSX +0.81%) and the Integrated Oil Index ($XOI +1.69%) were both solid gainers while the Gold & Silver Index ($XAU +0.32%) also edged higher. The Retail Index ($RLX +0.96%) helped the market's positive bias. The Biotechnology Index ($BTK +4.25%) led the tech sector and the Semiconductor Index ($SOX +0.96%) and Networking Index ($NWX +1.56%) also rose.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +3.30%) rebounded toward its 50-day moving average (DMA) line which it has traded below since shortly after its peak in July. It recently halted its slide after briefly undercutting the August lows.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	182.78	+1.46	+0.81%	-13.32%
Integrated Oil	$XOI	1,216.93	+20.22	+1.69%	-9.73%
Semiconductor	$SOX	651.89	+6.19	+0.96%	-5.09%
Networking	$NWX	378.23	+5.81	+1.56%	+5.67%
Broker/Dealer	$XBD	170.31	+5.44	+3.30%	-7.76%
Retail	$RLX	1,221.41	+11.56	+0.96%	+18.27%
Gold & Silver	$XAU	57.96	+0.18	+0.31%	-15.73%
Bank	$BKX	71.18	+1.86	+2.68%	-4.15%
Biotech	$BTK	3,468.83	+141.36	+4.25%	+0.86%

Bounced Back Following Damaging Loss After Wedging From V-Shaped Consolidation
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

B O F I Holding Inc (BOFI +$19.23 or +19.40% to $118.36) bounced back impressively today following a violation of its 50-day moving average (DMA) line with a damaging volume-driven loss triggering a technical sell signal on the prior session. The abrupt downdraft came after the stock had wedged higher with gains lacking great volume conviction while repeatedly noted with caution - "The recent 'V' shaped consolidation over 10 weeks was not recognized as a sound base." BOFI was last shown in this FSU section on 10/05/15 with an annotated graph under the headline, "Rebounding Near Prior High After 'V' Shaped Consolidation".

Its move into new high territory may have attracted some investors recently, but disciplined members would note that under the fact-based investment system's guidelines BOFI had not recently flashed reassuring signs arguing in favor of new buying efforts. Shareholder lawsuits and surprise setbacks can come suddenly with any stock. However, historic studies have shown that investors are less likely to suffer bad setbacks after buying fundamentally superior leaders that produced powerful breakouts from technically sound base patterns.

It reported Jun '15 quarterly earnings +41% on +42% sales revenues, above the +25% minimum earnings guideline (C criteria). Earnings rose by +35%, +40%, +41%, +38%, and +35% in the Mar, Jun, Sep, Dec '14, and Mar '15 quarters, respectively, versus the year ago periods. Sales revenues were up +21%, +24%, +39%, +41%, and +41% during that span. Following a downturn in its FY '11 earnings its annual earnings (A criteria) history has been strong.

The number of top-rated funds owning share rose from 261 in Sep '14 to 290 in Jun '15. Leadership from other Finance - Savings & Loan issues has been reassuring concerning the L criteria. It has earned a Timeliness rating of A, and a Sponsorship rating of C. Keep in mind that its small supply of only 13.8 million shares (S criteria) in the public float can contribute to greater price volatility in the event of institutional buying or selling. BOFI was highlighted in yellow at $101.47 with pivot point cited based on its 3/23/15 high plus 10 cents in the 6/10/15 mid-day report (read here) while noted - "It clinched a technical buy signal with a gain backed by +55% above average volume on the prior session."

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
BOFI - NASDAQ B O F I Holding Inc BANKING - Savings andamp; Loans	$118.36	+19.23 19.40%	$119.99	2,540,232 588.02% of 50 DAV 50 DAV is 432,000	$143.92 -17.76%	6/10/2015	$101.47	PP = $97.78
								MB = $102.67
Most Recent Note - 10/15/2015 6:25:20 PM G - Bounced back impressively today following a violation of its 50 DMA line with a damaging volume-driven loss triggering a technical sell signal on the prior session. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Bounced Back Following Damaging Loss After Wedging From V-Shaped Consolidation - 10/15/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HAWK - NASDAQ Blackhawk Network Inc DIVERSIFIED SERVICES - Business/Management Services	$41.61	+0.40 0.97%	$42.20	1,390,414 258.44% of 50 DAV 50 DAV is 538,000	$46.97 -11.41%	10/9/2015	$45.82	PP = $46.23
								MB = $48.54
Most Recent Note - 10/15/2015 12:25:18 PM G - Gapped down on the prior session and the damaging volume-driven loss triggered a technical sell signal as it violated its 50 DMA line. Disciplined investors understand that the stock did not trigger a technical buy signal after highlighted in yellow in the 10/09/15 mid-day report. >>> FEATURED STOCK ARTICLE : Met Some Resistance After Touching a New 52-Week High - 10/9/2015 \| 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	$161.06	+1.80 1.13%	$161.21	701,171 72.66% of 50 DAV 50 DAV is 965,000	$176.77 -8.89%	5/29/2015	$155.03	PP = $159.95
								MB = $167.95
Most Recent Note - 10/12/2015 5:55:18 PM G - Still quietly consolidating just above its 50 DMA line. It has not formed a sound base following the deep shakeout on 8/24/15. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Line - 10/12/2015 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
FLTX - NYSE Fleetmatics Group Plc Computer Sftwr-Enterprse	$53.82	+0.48 0.90%	$54.23	603,434 157.97% of 50 DAV 50 DAV is 382,000	$56.60 -4.90%	9/23/2015	$51.26	PP = $52.55
								MB = $55.18
Most Recent Note - 10/13/2015 3:37:32 PM Y - Color code is changed to yellow after pulling back below its "max buy" level. Prior highs in the $52 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Holding Ground Following Volume-Driven Breakout - 10/8/2015 \| 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	$65.55	+2.73 4.35%	$65.82	124,839 49.54% of 50 DAV 50 DAV is 252,000	$68.85 -4.79%	5/26/2015	$51.90	PP = $57.40
								MB = $60.27
Most Recent Note - 10/15/2015 6:26:32 PM G - Posted a gain on lighter volume today, rising from its 50 DMA line. Little resistance remains due to overhead supply however it has not formed a sound base. >>> FEATURED STOCK ARTICLE : Consolidating After Rebound Above 50-Day Moving Average - 10/13/2015 \| 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
INGN - NASDAQ Inogen Inc HEALTH SERVICES - Medical Instruments and Supplies	$44.81	+1.60 3.70%	$44.87	190,536 58.63% of 50 DAV 50 DAV is 325,000	$55.98 -19.95%	8/12/2015	$49.01	PP = $45.85
								MB = $48.14
Most Recent Note - 10/14/2015 6:17:24 PM G - Slumped further below its 50 DMA line today. A rebound above the 50 DMA line is needed for its outlook to improve. The 200 DMA line defines important near-term support. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Slumping Further After Recent Sell Signal Triggered - 10/14/2015 \| 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.

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