FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, OCTOBER 28TH, 2019

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Indices				NYSE			Nasdaq
DOW	+132.66	27,090.72	+0.49%	Volume	776,698,610	-0%	Volume	1,948,301,820	+3%
NASDAQ	+82.87	8,325.99	+1.01%	Advancers	1,558	54%	Advancers	1,982	63%
S&P 500	+16.87	3,039.42	+0.56%	Decliners	1,301	45%	Decliners	1,157	37%
Russell 2000	+13.22	1,571.93	+0.85%	52 Wk Highs	154		52 Wk Highs	167
S&P 600	+8.42	976.54	+0.87%	52 Wk Lows	22		52 Wk Lows	54

S&P 500 Index Hits New Record High
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow added 132 points, while the S&P 500 rose 0.6%. The Nasdaq Composite was up 1%. Monday's volume totals reported were mixed, higher than the prior session total on the Nasdaq exchange but lighter on the NYSE. Advancers led decliners by an 8-7 margin on the NYSE and 3-2 on the Nasdaq exchange. There were 79 high-ranked companies from the Leaders List that hit a new 52-week high and were listed on the BreakOuts Page, versus the total of 62 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. The major indices (M criteria) are in a "confirmed uptrend" after enduring distributional pressure in recent weeks. The Featured Stocks Page provides the most timely analysis on high-ranked leaders.

Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index hit a new record high.

Stocks advanced Monday, with the S&P 500 notching a fresh record closing high. Positive developments on the U.S.-China trade front and generally strong corporate earnings results helped boost risk sentiment, sending Treasury yields to six-week highs. President Trump commented that Washington is “ahead of schedule” in working to solidify part of a trade deal with Beijing.

In corporate news, Microsoft (MSFT +2.46%) rose after beating out Amazon (AMZN +0.89%) to win a $10 billion cloud computing contract with the Department of Defense. Tiffany & Co. (TIF +31.63%) rose following reports that the luxury retailer has been in merger discussions with Louis Vuitton parent LVMH. In earnings, HSBC (HSBC -3.62%) fell after the lender missed Wall Street profit estimates and slashed its forward guidance. AT&T (T +4.28%) rose after topping analyst expectations for monthly bill-paying subscribers.

Treasuries weakened, with the yield on the 10-year note up four basis points to 1.84%. In commodities, WTI crude lost 1.5% to $55.81/barrel, snapping a four-day winning streak as weak industrial profit data out of China overshadowed trade optimism. COMEX gold fell 0.6% to $1,490.40/ounce.

On the data front, wholesale inventories declined by 0.3% in September, missing projections for a slight uptick. Separate releases revealed the Chicago Fed’s National Activity Index worsened last month, as did manufacturing activity in the Dallas Fed region. An additional report showed the advance goods trade deficit narrowed in September.

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

Financial shares had a positive bias as the Broker/Dealer Index ($XBD +1.70%) outpaced the Bank Index ($BKX +0.85%) and the Retail Index ($RLX +0.80%) also rose. The tech sector had a positive bias as the Semiconductor Index ($SOX +1.75%) and the Biotech Index ($BTK +1.83%) both outpaced the Networking Index ($NWX +0.11%). Commodity-linked groups also had a negative bias as the Oil Services Index ($OSX -0.28%) and the Integrated Oil Index ($XOI -0.09%) both inched lower, and the Gold & Silver Index ($XAU -1.84%) was a standout decliner.

Charts courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX +0.80%) is consolidating above its 50-day moving average line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	67.03	-0.19	-0.28%	-16.84%
Integrated Oil	$XOI	1,246.97	-1.11	-0.09%	+7.58%
Semiconductor	$SOX	1,677.57	+28.90	+1.75%	+45.22%
Networking	$NWX	558.10	+0.63	+0.11%	+14.21%
Broker/Dealer	$XBD	267.01	+4.47	+1.70%	+12.50%
Retail	$RLX	2,411.89	+19.04	+0.80%	+23.60%
Gold & Silver	$XAU	91.82	-1.72	-1.84%	+29.95%
Bank	$BKX	105.60	+0.89	+0.85%	+23.09%
Biotech	$BTK	4,473.46	+80.35	+1.83%	+5.98%

Featured Stocks
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
See the Featured Stocks with most recent note below. Feel free to contact us if you have a need for any additional information.

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
MLR - NYSE Miller Industries Inc AUTOMOTIVE - Auto Parts	$34.50	+0.98 2.92%	$35.28	70,120 219.13% of 50 DAV 50 DAV is 32,000	$35.26 -2.16%	9/24/2019	$34.00	PP = $35.36
								MB = $37.13
Most Recent Note - 10/28/2019 5:34:09 PM G - Touched a new high with today's volume-driven gain. Halted its slide recently at its 200 DMA line. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Tested Support at Long-Term 200-Day Moving Average - 10/9/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CCBG - NASDAQ Capital City Bk Gp BANKING - Regional - Mid-Atlantic Banks	$28.57	-0.23 -0.80%	$29.17	31,598 105.33% of 50 DAV 50 DAV is 30,000	$29.15 -1.99%	9/13/2019	$27.03	PP = $27.05
								MB = $28.40
Most Recent Note - 10/25/2019 12:27:31 PM G - Hitting yet another new 52-week high with today's 7th consecutive gain, rallying further above its "max buy" level. Prior highs define initial support to watch above its 50 DMA line ($26.16). Due to report earnings news on 10/29/19. >>> FEATURED STOCK ARTICLE : Perched Near High With Earnings News Due Next Week - 10/14/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AUDC - NASDAQ Audiocodes Ltd ELECTRONICS - Scientific and Technical Instrum	$19.30	+0.57 3.04%	$19.46	260,294 130.80% of 50 DAV 50 DAV is 199,000	$22.50 -14.22%	9/13/2019	$19.68	PP = $19.84
								MB = $20.83
Most Recent Note - 10/25/2019 3:26:55 PM G - Consolidating above its 50 DMA line ($18.49) but still sputtering below the prior pivot point after slumping back into the prior base. Recent low ($17.54 on 10/08/19) defines the next important support. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Average But Below Prior Pivot Point - 10/21/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CHDN - NASDAQ Churchill Downs Inc LEISURE - Gaming Activities	$133.76	+0.29 0.22%	$135.32	250,756 99.90% of 50 DAV 50 DAV is 251,000	$133.91 -0.11%	10/8/2019	$129.77	PP = $132.83
								MB = $139.47
Most Recent Note - 10/25/2019 3:25:25 PM Y - Inching into new all-time high territory with gains lacking great volume conviction. Gains above a stock's pivot point must be backed by at least +40% above average volume to trigger a proper new (or add-on) technical buy signal. Its 50 DMA line ($125.41) acted as support in recent weeks during its consolidation. Jun '19 earnings +10% on +26% sales revenues versus the year ago period were below the +25% minimum earnings guideline (C criteria), noted recently raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Volume-Driven Gain for Record High Close - 10/8/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LULU - NASDAQ Lululemon Athletica MANUFACTURING - Textile Manufacturing	$205.97	-2.03 -0.98%	$207.53	2,417,900 132.27% of 50 DAV 50 DAV is 1,828,000	$209.02 -1.46%	9/6/2019	$201.25	PP = $194.35
								MB = $204.07
Most Recent Note - 10/28/2019 12:31:21 PM G - Holding its ground near its all-time high after wedging higher with gains lacking great volume conviction. Its 50 DMA line ($193.44) and recent low ($185.36 on 10/03/19) define important near-term support. >>> FEATURED STOCK ARTICLE : LULU Stretches to Hit New Record High - 10/18/2019 \| 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
CPRT - NASDAQ Copart Inc SPECIALTY RETAIL - Auto Dealerships	$83.98	+0.04 0.05%	$84.64	738,728 49.51% of 50 DAV 50 DAV is 1,492,000	$85.10 -1.32%	9/5/2019	$79.13	PP = $79.84
								MB = $83.83
Most Recent Note - 10/25/2019 5:51:09 PM G - Reversed and closed lower after it touched a new all-time high today and its color code is changed to green. Its 50 DMA line ($79.84) defines near-term support above the prior low ($76.35 on 10/03/19). >>> FEATURED STOCK ARTICLE : Reversed Into Red Today After Hitting New All-Time High - 10/22/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
BLD - NYSE Topbuild Corp Bldg-Constr Prds/Misc	$98.38	-1.68 -1.68%	$101.31	326,932 133.44% of 50 DAV 50 DAV is 245,000	$102.81 -4.31%	5/17/2019	$82.19	PP = $87.31
								MB = $91.68
Most Recent Note - 10/28/2019 5:33:11 PM G - Pulled back today with higher volume after wedging into all-time high territory with gains lacking great volume conviction. Earnings rose +39% on +9% sales revenues for the Jun '19 quarter versus the year ago period. Its 50 DMA line ($95) defines important support to watch along with its prior low ($91.31 on 10/03/19). >>> FEATURED STOCK ARTICLE : Pulling Back After Recently Wedging Into New High Territory - 10/23/2019 \| 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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