FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Tuesday, November 5th, 2019

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AFTER MARKET UPDATE - TUESDAY, NOVEMBER 5TH, 2019

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Indices				NYSE			Nasdaq
DOW	+30.52	27,492.63	+0.11%	Volume	988,807,820	+4%	Volume	2,262,427,180	+6%
NASDAQ	+1.48	8,434.68	+0.02%	Advancers	1,321	46%	Advancers	1,636	53%
S&P 500	-3.65	3,074.62	-0.12%	Decliners	1,551	54%	Decliners	1,465	47%
Russell 2000	+2.21	1,599.61	+0.14%	52 Wk Highs	185		52 Wk Highs	222
S&P 600	+1.37	990.18	+0.14%	52 Wk Lows	27		52 Wk Lows	37

Session Leaves Major Indices Perched at Record Highs
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow rose 30 points, extending Monday’s gain in which the blue chip index notched its first all-time high since July. The S&P 500 edged down 0.1%, while the Nasdaq Composite added less than 0.1%. Advancers led decliners by a narrow margin on the Nasdaq exchange while decliners had a narrow lead over advancers on the NYSE. There were 98 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 1I04 on the prior session. New 52-week highs totals easily outnumbered new 52-week lows totals 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 is perched near its new record high.

Stocks fluctuated on Tuesday, as investors monitored economic data releases, corporate earnings results, and trade developments. Treasuries extended their recent slump, with the yield on the 10-year note up five basis points to 1.85%, near the highest level since September. On the data front, a gauge of service sector activity improved in October, rebounding from a three-year low. Separately, the U.S. trade deficit narrowed in September, while the Jobs Openings and Labor Turnover Survey (JOLTS) revealed job openings dipped to 7.02 million in September.

Trade news also garnered investor attention, as expectations remained elevated for a partial “phase one” trade deal to be signed later this month. Overnight reports suggested Washington is contemplating rescinding plans to impose additional tariffs on Chinese goods in December, and would consider removing duties that were imposed in September. Amid the trade optimism, WTI crude added 1.1% to $57.15/barrel. COMEX gold fell 1.7% to $1,485.80/ounce amid a stronger dollar.

Six of 11 S&P 500 sectors finished in positive territory. In earnings, Regeneron Pharmaceuticals (REGN +6.93%) rose after topping consensus earnings and sales estimates. Marriott International (MAR +2.71%) rose despite a bottom line miss and a reduction to its full-year outlook. Adobe (ADBE +4.25%) rose after offering profit guidance ahead of expectations. In other corporate news, Walgreens Boots Alliance (WBA +2.62%) rose amid reports the pharmacy chain is considering going private.

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.

Bank and Networking Indexes Led Group Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Bank Index ($BKX +0.83%) posted a solid gain while the Broker/Dealer Index ($XBD +0.05%) and the Retail Index ($RLX -0.05%) both finished flat. The tech sector was mixed as the Networking Index ($NWX +0.85%) outpaced the Semiconductor Index ($SOX +0.19%) while the Biotech Index ($BTK -0.26%) again ended slightly lower. The Oil Services Index ($OSX +0.06%) and the Integrated Oil Index ($XOI +0.29%) had a slightly positive bias, meanwhile, the Gold & Silver Index ($XAU -1.38%) fell.

Charts courtesy of www.stockcharts.com

PICTURED: The Bank Index ($BKX +0.83%) has recently been rallying to new 2019 highs.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	71.48	+0.04	+0.06%	-11.32%
Integrated Oil	$XOI	1,278.00	+3.74	+0.29%	+10.26%
Semiconductor	$SOX	1,730.15	+3.23	+0.19%	+49.77%
Networking	$NWX	550.52	+4.65	+0.85%	+12.66%
Broker/Dealer	$XBD	273.31	+0.14	+0.05%	+15.16%
Retail	$RLX	2,421.84	-1.23	-0.05%	+24.11%
Gold & Silver	$XAU	93.34	-1.31	-1.38%	+32.10%
Bank	$BKX	108.76	+0.89	+0.83%	+26.77%
Biotech	$BTK	4,503.75	-11.86	-0.26%	+6.70%

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	$37.43	+1.35 3.74%	$37.70	68,534 190.37% of 50 DAV 50 DAV is 36,000	$36.38 2.89%	9/24/2019	$34.00	PP = $35.36
								MB = $37.13
Most Recent Note - 11/4/2019 12:23:11 PM Y - Holding its ground stubbornly near its 52-week high following volume-driven gains last week which triggered a technical buy signal. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Hit New High But Did Not Close Session Above Pivot Point - 10/29/2019 \| 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	$30.55	+0.76 2.55%	$30.60	77,035 248.50% of 50 DAV 50 DAV is 31,000	$30.09 1.53%	9/13/2019	$27.03	PP = $27.05
								MB = $28.40
Most Recent Note - 11/4/2019 12:00:54 PM G - Hitting another new 52-week high with today's gap up gain, getting more extended from the prior base. Prior highs define important support to watch along with its 50 DMA line ($26.71). >>> FEATURED STOCK ARTICLE : Noted "Positive Reversal" on Volatile Session After Earnings - 10/31/2019 \| 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	$21.51	+0.14 0.66%	$21.70	266,992 114.59% of 50 DAV 50 DAV is 233,000	$22.50 -4.40%	9/13/2019	$19.68	PP = $19.84
								MB = $20.83
Most Recent Note - 11/4/2019 5:22:35 PM Y - Posted a gain today with slightly above average volume. Reported earnings +26% on +15% sales revenues for the Sep '19 quarter. Rallied above the prior pivot point with last week's volume driven gains. 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	$123.16	-1.11 -0.89%	$125.10	416,835 153.25% of 50 DAV 50 DAV is 272,000	$135.32 -8.99%	10/8/2019	$129.77	PP = $132.83
								MB = $139.47
Most Recent Note - 11/4/2019 5:19:06 PM G - Retreating from its all-time high, it violated its 50 DMA line ($126) with today's volume-driven loss and its color code is changed to green. Reported Sep '19 earnings +4% on +38% sales revenues versus the year ago period, its 2nd consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria), raising greater fundamental concerns. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Perched at Record High at Time of Quarterly Report - 10/30/2019 \| 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	$194.34	-2.14 -1.09%	$197.89	2,066,562 107.80% of 50 DAV 50 DAV is 1,917,000	$209.02 -7.02%	9/6/2019	$201.25	PP = $194.35
								MB = $204.07
Most Recent Note - 11/4/2019 5:16:56 PM G - After wedging higher with gains lacking great volume conviction it is testing its 50 DMA line ($195.60) with losses on higher volume. The prior low ($185.36 on 10/03/19) defines the next important near-term support. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Testing 50-Day Moving Average With Loss on Above Average Volume - 11/4/2019 \| 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	$82.25	+0.11 0.13%	$82.68	914,959 59.96% of 50 DAV 50 DAV is 1,526,000	$85.31 -3.59%	9/5/2019	$79.13	PP = $79.84
								MB = $83.83
Most Recent Note - 11/4/2019 5:21:12 PM G - Consolidating above its 50 DMA line ($80.76) which defines near-term support above the prior low ($76.35 on 10/03/19). Wedged to new all-time highs with recent gains lacking great volume conviction. >>> 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	$106.63	-1.65 -1.52%	$111.48	350,516 125.63% of 50 DAV 50 DAV is 279,000	$110.57 -3.56%	5/17/2019	$82.19	PP = $87.31
								MB = $91.68
Most Recent Note - 11/4/2019 5:24:04 PM G - Pulled back today after getting very extended from any sound base and powering to all-time highs with volume-driven gains. Reported earnings +24% on +5% sales revenues for the Sep '19 quarter versus the year ago period, just below the +25% minimum guideline (C criteria). Found prompt support near its 50 DMA line ($96) during its ongoing ascent. >>> 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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