FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Thursday, October 19th, 2017

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AFTER MARKET UPDATE - THURSDAY, OCTOBER 19TH, 2017

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Indices				NYSE			Nasdaq
DOW	+5.44	23,163.04	+0.02%	Volume	706,268,290	+4%	Volume	1,829,414,300	+6%
NASDAQ	-19.15	6,605.07	-0.29%	Advancers	1,471	51%	Advancers	1,202	47%
S&P 500	+0.84	2,562.10	+0.03%	Decliners	1,396	49%	Decliners	1,354	53%
Russell 2000	-3.10	1,502.04	-0.21%	52 Wk Highs	118		52 Wk Highs	71
S&P 600	-3.04	908.54	-0.33%	52 Wk Lows	36		52 Wk Lows	46

Breadth Was Mixed With Less Market Leadership
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks finished mixed on Thursday. The Dow gained 5 points to 23163. The S&P 500 was up less than a point to 2562. The Nasdaq Composite fell 19 points to 6605. Volume totals reported were slightly higher than the prior session totals on the NYSE and on the Nasdaq exchange. Advancers led decliners by a narrow margin on the NYSE but decliners slightly outnumbered advancers on the Nasdaq exchange. There were 51 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 68 on the prior session. New 52-week highs totals contracted yet easily 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 is perched at a record high.

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 rebounded from early session lows as investors digested several corporate earnings releases. Overseas, European Markets posted their worst daily loss in nearly two months, as tensions increased between the Spanish government and Catalan leaders on Thursday. On the data front, weekly initial jobless claims fell to their lowest levels since March of 1973. A separate release showed leading indicators fell 0.2% in September, below consensus estimates of a 0.1% increase.

Six of 11 S&P 500 sectors were higher with Technology a notable underperformer. Apple (AAPL -2.37%) fell on reports of weaker than expected IPhone 8 sales. Healthcare was a notable outperformer on the session with shares of Danaher Corp (DHR +4.71%) rose after it posted quarterly results above analyst estimates. In earnings, United Airlines (UAL -12.08%) fell after posting earnings above estimates but revealing disappointing forward guidance. Philip Morris International (PM -3.88%) fell after the tobacco-maker posted disappointing revenues. Adobe Systems (ADBE +12.24%) rose after topping analysts’ profit projections.

Treasuries were higher with the yield on the 10-year note down two basis points to 2.31%. In commodities, NYMEX WTI crude fell 1.3% to $51.37/barrel. COMEX gold added 0.4% to $1288.20/ounce.

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.

Broker/Dealer, Retail, Energy, and Tech Groups Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

On Thursday the Bank Index ($BKX +0.16%) eked out a small gain while the Broker/Dealer Index ($XBD -0.54%) and the Retail Index ($RLX -0.52%) both fell. The tech sector was mixed, with modest losses from the Biotechnology Index ($BTK -0.49%) and the Semiconductor Index ($SOX -0.25%) ended the session slightly lower while the Networking Index ($NWX +0.19%) inched higher. The Gold & Silver Index ($XAU +0.54%) rose while the Oil Services Index ($OSX -1.22%) outpaced the Integrated Oil Index ($XOI -0.18%) to the downside.

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX +0.16%) is consolidating above prior highs.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	132.86	-1.63	-1.21%	-27.71%
Integrated Oil	$XOI	1,215.52	-2.19	-0.18%	-4.14%
Semiconductor	$SOX	1,225.05	-3.11	-0.25%	+35.15%
Networking	$NWX	463.36	+0.89	+0.19%	+3.87%
Broker/Dealer	$XBD	244.14	-1.31	-0.54%	+18.93%
Retail	$RLX	1,544.57	-8.07	-0.52%	+15.01%
Gold & Silver	$XAU	85.52	+0.46	+0.54%	+8.45%
Bank	$BKX	99.60	+0.17	+0.17%	+8.51%
Biotech	$BTK	4,252.48	-20.80	-0.49%	+38.29%

Extended After Rallying From Base
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
YY Inc (YY -$2.17 or -2.29% to $92.77) is extended from its prior base and prior highs in the $83 area defining initial support to watch above its 50-day moving average (DMA) line ($80.88).

It was last shown in this FSU on 9/25/17 with an annotated graph under the headline, "Encountered Distributional Pressure When Challenging Prior High".It was highlighted in yellow with a pivot point cited based on its 8/10/17 high plus 10 cents in the earlier mid-day report (read here).

This Chinese Internet - Content firm found support in recent weeks above its 50-day moving average (DMA) line and rebounded to challenge its 52-week high. Jun '17 quarterly earnings +53% on +29% sales revenues marked its 4th consecutive strong quarterly report above the +25% minimum (C criteria). Its annual earnings (A criteria) history has been strong especially since its $11 IPO on 11/21/12.

The number of top-rated funds owning its shares rose from 268 in Sep '16 to 363 in Sep '17, a reassuring sign concerning the I criteria. It completed a new Public Offering on 8/16/17.

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	$15.34	-0.06 -0.39%	$15.62	17,781 53.88% of 50 DAV 50 DAV is 33,000	$17.12 -10.40%	9/26/2017	$16.30	PP = $16.35
								MB = $17.17
Most Recent Note - 10/16/2017 1:46:35 PM G - Violated its 50 DMA line ($15.37) with higher volume behind today's 6th consecutive loss triggering a technical sell signal and its color code is changed to green. Only a prompt rebound above the 50 DMA would help its outlook improve. Noted with caution in prior reports - "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	$130.36	-0.34 -0.26%	$131.29	450,211 65.15% of 50 DAV 50 DAV is 691,000	$131.34 -0.75%	8/14/2017	$106.67	PP = $110.01
								MB = $115.51
Most Recent Note - 10/19/2017 3:21:15 PM G - Volume totals have been cooling in recent weeks, perched at its all-time high after 8 consecutive weekly gains, very 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 : Extended From Prior Base With Volume Totals Cooling - 10/13/2017 \| 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	$58.82	+0.21 0.36%	$59.08	39,006 60.95% of 50 DAV 50 DAV is 64,000	$60.99 -3.56%	10/10/2017	$59.38	PP = $59.08
								MB = $62.03
Most Recent Note - 10/17/2017 5:24:05 PM Y - Ended slightly lower with near 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 an 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	$244.29	+0.29 0.12%	$244.37	2,543,478 3,437.13% of 50 DAV 50 DAV is 74,000	$259.36 -5.81%	8/24/2017	$252.44	PP = $256.89
								MB = $269.73
Most Recent Note - 10/19/2017 12:25:54 PM G - Still sputtering below its 50 DMA line ($246.24), and its Relative Strength rating has slumped to 76, below the 80+ minimum guideline for buy candidates. A rebound above that short-term average is needed for its outlook to improve. Subsequent 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 : Slumped Below 50-Day Moving Average Line Again - 10/17/2017 \| 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	$92.77	-2.17 -2.29%	$93.49	876,523 48.72% of 50 DAV 50 DAV is 1,799,000	$97.59 -4.94%	9/25/2017	$80.26	PP = $83.10
								MB = $87.26
Most Recent Note - 10/19/2017 5:21:38 PM G - Extended from its prior base and prior highs in the $83 area defining initial support to watch above its 50 DMA line. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Extended After Rallying From Base - 10/19/2017 \| 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
STMP - NASDAQ Stamps.com Inc INTERNET - Internet Software and Services	$219.85	-1.15 -0.52%	$226.00	426,692 132.51% of 50 DAV 50 DAV is 322,000	$224.64 -2.13%	9/11/2017	$193.65	PP = $220.35
								MB = $231.37
Most Recent Note - 10/19/2017 1:15:28 PM Y - Faces no resistance, however recent gains have been "wedging" with a lack of great volume conviction indicative of fresh institutional buying demand. Gains above the pivot point must have at least +40% above average volume to trigger a proper new (or add-on) technical buy signal under the fact-based investment system. Its 50 DMA line ($205.79) defines important near-term support above the recent low ($195.05 on 9/28/17) 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	$132.37	+2.32 1.78%	$134.00	366,267 95.63% of 50 DAV 50 DAV is 383,000	$138.44 -4.38%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 10/16/2017 4:04:24 PM G - Rallying today near its record high hit on 10/09/17, 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 ($115.41) 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	$38.38	+0.17 0.43%	$38.49	103,542 60.91% of 50 DAV 50 DAV is 170,000	$39.29 -2.34%	7/28/2017	$33.50	PP = $33.32
								MB = $34.99
Most Recent Note - 10/18/2017 5:26:19 PM G - Posted a solid gain today, consolidating above support at its 50 DMA line and prior highs in the $36 area. Violations would raise concerns and trigger technical sell signals. Due to report Sep '17 quarterly earnings on 10/26/17 after the close. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Before Earnings - 10/18/2017 \| 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	$44.48	+0.48 1.09%	$44.50	824,194 111.08% of 50 DAV 50 DAV is 742,000	$44.07 0.93%	10/9/2017	$39.75	PP = $41.54
								MB = $43.62
Most Recent Note - 10/16/2017 11:53:53 AM Y - Hitting new all-time highs with today's 5th consecutive gain on ever-increasing volume. Prior session's volume total was only +22% above average. Members were reminded - "Gains above the pivot point must have at least +40% above average volume to trigger a proper technical buy signal under the fact-based investment system's rules." >>> 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	$57.03	+0.27 0.48%	$57.06	605,760 69.23% of 50 DAV 50 DAV is 875,000	$57.65 -1.08%	10/6/2017	$57.13	PP = $54.23
								MB = $56.94
Most Recent Note - 10/17/2017 5:13:58 PM Y - Posted a 3rd consecutive small gain today with below average volume. Prior highs in the $54 area define initial support to watch on pullbacks. >>> 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	$135.95	-1.60 -1.16%	$136.55	692,975 82.99% of 50 DAV 50 DAV is 835,000	$145.30 -6.43%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 10/16/2017 4:27:41 PM G - Color code is changed to green after a gain with light volume lifted it above its "max buy" level. 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	$190.13	+0.19 0.10%	$190.13	519,695 79.83% of 50 DAV 50 DAV is 651,000	$196.27 -3.13%	8/4/2017	$173.31	PP = $163.07
								MB = $171.22
Most Recent Note - 10/16/2017 4:11:16 PM G - Pulled back today for a 3rd consecutive small loss on light volume. Still perched near its all-time high, extended from any sound base. Its 50 DMA line ($179.60) and prior highs in the $176 area define important near-term support to watch on pullbacks. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Perched Near All-Time High, Extended From Any Sound Base - 10/16/2017 \| 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	$51.77	-0.23 -0.44%	$52.10	968,899 62.07% of 50 DAV 50 DAV is 1,561,000	$57.61 -10.14%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 10/19/2017 3:19:10 PM G - Recent lows in the $49-50 area define near-term support above prior highs in the $47 area. A rebound above its now downward sloping 50 DMA line ($53.78) is needed for its outlook to improve. Due to report Sep '17 quarterly results before the open on Wednesday, October 25th. Volume and volatility often increase near earnings news. Earnings rose only +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria). >>> 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	$65.50	+0.05 0.08%	$66.00	104,801 68.05% of 50 DAV 50 DAV is 154,000	$67.15 -2.46%	9/19/2017	$59.15	PP = $60.10
								MB = $63.11
Most Recent Note - 10/17/2017 5:18:08 PM G - Still stubbornly holding its ground, extended from prior highs in the $60 area that define initial support above its 50 DMA line ($59.88). >>> 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	$42.65	+0.05 0.12%	$42.70	14,283 35.71% of 50 DAV 50 DAV is 40,000	$43.80 -2.63%	4/25/2017	$38.95	PP = $40.09
								MB = $42.09
Most Recent Note - 10/17/2017 5:25:23 PM G - Volume totals have been cooling while stubbornly holding its ground near its 52-week high following 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 : Holding Ground Following Impressive Volume-Driven Gains - 10/12/2017 \| 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	$44.40	-0.50 -1.11%	$44.65	412,385 77.37% of 50 DAV 50 DAV is 533,000	$46.90 -5.33%	9/8/2017	$45.20	PP = $46.18
								MB = $48.49
Most Recent Note - 10/17/2017 5:22:49 PM Y - Volume totals have been cooling while hovering near its all-time high and above its 50 DMA line ($44.78). 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	$41.38	+0.03 0.07%	$41.48	175,369 79.35% of 50 DAV 50 DAV is 221,000	$41.47 -0.22%	9/18/2017	$37.04	PP = $39.78
								MB = $41.77
Most Recent Note - 10/16/2017 4:24:42 PM Y - Matched its all-time high with today's 4th consecutive small gain lacking great 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	$33.34	-0.77 -2.26%	$33.90	1,184,166 174.66% of 50 DAV 50 DAV is 678,000	$34.70 -3.92%	10/10/2017	$29.39	PP = $28.36
								MB = $29.78
Most Recent Note - 10/19/2017 12:48:39 PM G - Prior highs in the $29 area define initial support to watch on pullbacks. Very extended from its prior base after a streak of gains. >>> 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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