FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Tuesday, November 14th, 2017

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AFTER MARKET UPDATE - TUESDAY, NOVEMBER 14TH, 2017

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Indices				NYSE			Nasdaq
DOW	-30.23	23,409.47	-0.13%	Volume	842,034,770	+6%	Volume	1,980,245,460	+1%
NASDAQ	-19.73	6,737.87	-0.29%	Advancers	1,243	42%	Advancers	1,257	46%
S&P 500	-5.97	2,578.87	-0.23%	Decliners	1,703	58%	Decliners	1,456	54%
Russell 2000	-3.81	1,471.26	-0.26%	52 Wk Highs	113		52 Wk Highs	69
S&P 600	-0.30	894.74	-0.03%	52 Wk Lows	126		52 Wk Lows	99

Major Indices Retreat From Record Highs With Losses on Higher Volume
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks finished lower Tuesday. The Dow fell 30 points to 23409. The S&P 500 dropped 5 points to 2578. The Nasdaq Composite lost 19 points to 6737. Volume totals reported were higher than the prior session totals on the NYSE and on the Nasdaq exchange. Decliners led advancers by about a 3-2 margin on the NYSE and by a 7-6 margin on the Nasdaq exchange. There were 41 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 37 on the prior session. New 52-week lows totals expanded and outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. 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 fell on Tuesday with a loss on heavy volume.

Leadership has recently been waning, however, the major averages (M criteria) are still in a confirmed uptrend. Investors should only consider stocks meeting all key criteria of the fact-based investment system as they trigger technical buy signals.

U.S equities declined amid continued concerns on delays in tax reform legislation and a mixed bag of global economic updates. In tax reform news, CNBC reported the GOP Senators version of the tax reform bill will include the repealing of the Obamacare individual mandate. On the data front, a gauge of inflation showed wholesale prices unexpectedly rose 0.4% in October above projections of a 0.1% increase. A separate release revealed small business optimism improved modestly last month.

Eight of 11 S&P 500 sectors finished the session lower. Energy underperformed as Newfield Exploration (NFX -7.07%) in sympathy with oil prices. Materials also paced losses as Albemarle (ALB -3.99%) on negative analyst commentary. In earnings news, Home Depot (HD +1.64%) rose after the home improvement retailer topped estimates and raised guidance. TJX Companies (TJX -3.99%) after a mixed earnings release. In other news, General Electric (GE -5.89%) continued its recent downslide.

Treasuries were higher as the yield on the benchmark 10-year note dropped three basis points to 2.38%. In commodities, NYMEX WTI crude slipped 2.0% to $55.64/barrel, after the International Energy Agency cut its global oil demand forecast through 2018. COMEX gold climbed 0.2% to $1279.60/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.

Bank, Networking, and Retail Indexes Posted Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Retail Index ($RLX +0.66%) and Bank Index ($BKX +0.49%) posted modest gains while the Broker/Dealer Index ($XBD -0.39%) finished lower on Tuesday. The tech sector was led by the Networking Index ($NWX +0.68%) but the Semiconductor Index ($SOX -0.12%) finished flat and the Biotechnology Index ($BTK -0.92%) finished the session solidly in the red. The Oil Services Index ($OSX -3.84%) outpaced both the Integrated Oil Index ($XOI -1.25%) and the Gold & Silver Index ($XAU -0.51%) to the downside.

Charts courtesy www.stockcharts.com

PICTURED: The Networking Index ($NWX +0.68%) found support at its 200-day moving average (DMA) line and rebounded near its record high.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	132.82	-5.30	-3.84%	-27.73%
Integrated Oil	$XOI	1,253.04	-15.81	-1.25%	-1.18%
Semiconductor	$SOX	1,305.00	-1.58	-0.12%	+43.97%
Networking	$NWX	469.24	+3.17	+0.68%	+5.19%
Broker/Dealer	$XBD	243.81	-0.96	-0.39%	+18.77%
Retail	$RLX	1,610.69	+10.53	+0.66%	+19.93%
Gold & Silver	$XAU	80.00	-0.42	-0.52%	+1.45%
Bank	$BKX	98.72	+0.48	+0.49%	+7.55%
Biotech	$BTK	4,045.25	-37.68	-0.92%	+31.55%

Chinese Social Media Firm Reported Earnings
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
YY Inc (YY -$1.37 or -1.51% to $89.23) reported stronger than expected Sep '17 quarterly results after the close today. Volume and volatility often increase near earnings news.

It has not formed a new base of sufficient length. Recently it has been consolidating above its 50-day moving average (DMA) line ($86.66), and the prior low ($84.07 on 10/27/17) which defines important near-term support to watch.

It was last shown in this FSU on 10/19/17 with an annotated graph under the headline, "Extended After Rallying From Base". It was first highlighted in yellow with a pivot point cited based on its 8/10/17 high plus 10 cents in the 9/25/17 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 388 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
THO - NYSE Thor Industries Inc AUTOMOTIVE - Recreational Vehicles	$131.77	+1.32 1.01%	$132.34	470,670 68.21% of 50 DAV 50 DAV is 690,000	$138.07 -4.56%	8/14/2017	$106.67	PP = $110.01
								MB = $115.51
Most Recent Note - 11/10/2017 4:58:55 PM G - Still very extended from the previously noted base. Its 50 DMA line ($124.29) defines near-term support above prior highs in the $115 area. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure After Getting Extended From Base - 11/10/2017 \| 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	$58.88	+0.63 1.08%	$59.15	28,889 36.34% of 50 DAV 50 DAV is 79,500	$66.58 -11.57%	10/10/2017	$59.38	PP = $59.08
								MB = $62.03
Most Recent Note - 11/8/2017 5:16:12 PM Y - Slumped below prior highs in the $60 area raising concerns while completely negating the recent breakout. Its 50 DMA line ($57.56) defines important near-term support where a violation would raise greater concerns. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Slump Back Into Prior Base Raised Concerns - 11/8/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AVGO - NASDAQ Broadcom Limited ELECTRONICS - Semiconductor - Broad Line	$263.26	-1.75 -0.66%	$265.58	1,971,457 66.22% of 50 DAV 50 DAV is 2,977,000	$281.80 -6.58%	10/30/2017	$261.19	PP = $259.46
								MB = $272.43
Most Recent Note - 11/13/2017 5:17:18 PM Y - Quietly consolidating above prior highs in the $259 area defining initial support to watch. Pulled back from its all-time high following 11/06/17 news it made a bid for Qualcomm Inc (QCOM). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Consolidating Near Record High Following Volume-Driven Gains - 11/13/2017 \| 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	$89.23	-1.37 -1.51%	$91.80	1,789,849 139.83% of 50 DAV 50 DAV is 1,280,000	$97.59 -8.57%	9/25/2017	$80.26	PP = $83.10
								MB = $87.26
Most Recent Note - 11/14/2017 5:33:48 PM G - Report stronger than expected Sep '17 quarterly results after the close today. Volume and volatility often increase near earnings news. Consolidating above its 50 DMA line ($86.66), recent low ($84.07 on 10/27/17) defining near-term support to watch. It has not formed a new base of sufficient length. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Chinese Social Media Firm Reported Earnings - 11/14/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
STMP - NASDAQ Stamps.com Inc INTERNET - Internet Software and Services	$175.05	-2.95 -1.66%	$177.80	299,967 67.56% of 50 DAV 50 DAV is 444,000	$233.13 -24.91%	9/11/2017	$193.65	PP = $220.35
								MB = $231.37
Most Recent Note - 11/13/2017 3:47:05 PM G - Holding its ground well above its 200 DMA line ($157) since its gap down on 11/03/17 for a damaging volume-driven loss. Fundamentals remain strong. A rebound above the 50 DMA line ($206.58) is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Perched Near Record High Ahead of Earnings News - 11/1/2017 \| 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
HTHT - NASDAQ China Lodging Group Ads LEISURE - Lodging	$124.66	-4.11 -3.19%	$127.60	572,964 133.87% of 50 DAV 50 DAV is 428,000	$142.80 -12.70%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 11/13/2017 3:44:19 PM G - Found support at its 50 DMA line ($124.59) while consolidating since proposing a new Public Offering on 10/26/17. It is still 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), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Testing 50-Day Moving Average Line After Proposed Offering - 11/2/2017 \| 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	$34.28	+0.18 0.53%	$34.43	200,873 95.20% of 50 DAV 50 DAV is 211,000	$39.88 -14.04%	7/28/2017	$33.50	PP = $33.32
								MB = $34.99
Most Recent Note - 11/13/2017 10:20:47 AM G - Its Relative Strength rating has improved to 81, above the 80+ minimum guideline for buy candidates. A rebound above the 50 DMA line is needed for its outlook to improve. Losses below the 200 DMA line and recent low would raise greater concerns. >>> 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
PATK - NASDAQ Patrick Industries Inc Bldg-Mobile/Mfg and RV	$88.05	+0.95 1.09%	$88.26	107,743 133.02% of 50 DAV 50 DAV is 81,000	$96.25 -8.52%	10/26/2017	$90.90	PP = $87.90
								MB = $92.30
Most Recent Note - 11/13/2017 1:05:00 PM Y - Recently consolidating near prior highs in the $86-87 area which define initial support to watch above its 50 DMA line ($83.47). Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Volume 4 Times Average Behind Breakout Gain on Earnings News - 10/26/2017 \| 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	$42.32	-0.62 -1.44%	$42.94	665,316 75.95% of 50 DAV 50 DAV is 876,000	$45.10 -6.16%	10/9/2017	$39.75	PP = $41.54
								MB = $43.62
Most Recent Note - 11/13/2017 10:32:53 AM Y - Consolidating above its 50 DMA line ($40.80) and recent low ($39.79 on 11/03/17) defining important near-term support. Relative Strength rating has slumped to 79, below the 80+ minimum guideline for buy candidates. More damaging losses would trigger a technical sell signal. Reported Sep '17 earnings +26% on +24% sales revenues. >>> FEATURED STOCK ARTICLE : Perched Near High After Streak of Gains - 10/24/2017 \| 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	$58.35	+0.32 0.55%	$58.69	422,780 58.56% of 50 DAV 50 DAV is 722,000	$58.56 -0.36%	10/6/2017	$57.13	PP = $54.23
								MB = $56.94
Most Recent Note - 11/13/2017 3:51:48 PM G - Color code is changed to green after quietly rising above its "max buy" level today and hitting another new all-time high. Prior highs and its 50 DMA line define support in the $54 area. >>> FEATURED STOCK ARTICLE : Prior Highs Define Important Support While Consolidating - 10/31/2017 \| 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	$177.45	+0.40 0.23%	$178.45	724,629 78.34% of 50 DAV 50 DAV is 925,000	$178.71 -0.71%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 11/10/2017 12:40:08 PM G - Hitting yet another new high with today's 7th consecutive gain, getting very extended from a riskier "late stage" base pattern. Reported Sep '17 quarterly earnings of 28 cents per share versus a year-ago loss of 3 cents per share on sales revenues +104%. Prior highs in the $145 area and its 50 DMA line ($137) define important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Prior Highs and 50-Day Average Define Near-Term Support - 10/25/2017 \| 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	$227.10	+1.95 0.87%	$228.86	632,045 82.62% of 50 DAV 50 DAV is 765,000	$227.13 -0.01%	10/27/2017	$195.65	PP = $196.37
								MB = $206.19
Most Recent Note - 11/10/2017 12:13:25 PM G - Rallying further into new high territory today, getting very extended from the previously noted base. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Perched at Record High Following Volume-Driven Gains - 11/9/2017 \| 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	$63.08	-0.54 -0.85%	$63.68	538,223 29.82% of 50 DAV 50 DAV is 1,805,000	$63.81 -1.14%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 11/13/2017 3:55:16 PM G - Hitting another new all-time high today, adding to recent gains lacking great volume conviction, getting extended from any sound base. Reported Sep '17 quarterly earnings +22% on +32% sales revenues. The 2 latest quarters were below the +25% minimum earnings guideline (C criteria), raising fundamental concerns with regard to the fact-based investment system. >>> FEATURED STOCK ARTICLE : Technical Strength in Popular Internet Platform - 10/27/2017 \| 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	$67.30	+4.80 7.68%	$67.35	404,040 229.57% of 50 DAV 50 DAV is 176,000	$70.25 -4.20%	9/19/2017	$59.15	PP = $60.10
								MB = $63.11
Most Recent Note - 11/14/2017 12:46:32 PM G - Rebounded above its 50 DMA line ($63.21) helping its outlook improve. Color code is changed to green after rising back above its "max buy" level. Subsequent losses below the recent low ($59.84 on 11/08/17) would raise more serious concerns. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Violation Triggered Technical Sell Signal - 11/7/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HQY - NASDAQ "HealthEquity, Inc" COMPUTER SOFTWARE and SERVICES - Healthcare Information Service	$49.77	-0.28 -0.56%	$50.13	383,890 71.04% of 50 DAV 50 DAV is 540,400	$55.31 -10.02%	11/6/2017	$54.63	PP = $52.87
								MB = $55.51
Most Recent Note - 11/14/2017 5:39:28 PM Y - Abruptly retreated back into the prior base, raising concerns after a recent breakout. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. Tested and found support at its 50 DMA line ($49.23). Three of the past 4 quarterly comparisons through Jul '17 were above the +25% minimum earnings guideline (C criteria). >>> FEATURED STOCK ARTICLE : Hit New High With Big Volume-Driven Gain - 11/6/2017 \| 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
OLLI - NASDAQ Ollie's Bargain Outlet Retail-DiscountandVariety	$43.95	-1.20 -2.66%	$45.00	380,231 84.12% of 50 DAV 50 DAV is 452,000	$46.90 -6.29%	9/8/2017	$45.20	PP = $46.18
								MB = $48.49
Most Recent Note - 11/14/2017 5:35:24 PM G - Still sputtering below its 50 DMA line, and a rebound above that important short-term average ($45.19) is needed for its outlook to improve. Prior low ($41.30 on 8/31/17) defines the next important support level where further deterioration would raise more serious concerns. >>> FEATURED STOCK ARTICLE : Sell Signal Triggered by 50-Day Moving Average Violation on Higher Volume - 10/30/2017 \| 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	$42.38	+0.29 0.69%	$42.38	245,879 85.37% of 50 DAV 50 DAV is 288,000	$44.15 -4.01%	9/18/2017	$37.04	PP = $39.78
								MB = $41.77
Most Recent Note - 11/14/2017 5:36:44 PM G - Color code is changed to green after rising above its "max buy" level. On 10/26/17 it priced a Secondary Offering. Such offerings typically hinder price performance for a short time, yet they also help to attract new or greater institutional interest (I criteria). Reported earnings +51% on +30% sales revenues for its second quarter ended September 30th versus the year-ago period. >>> FEATURED STOCK ARTICLE : Recent Gains Lacked Volume; Earnings Report Due Soon - 10/23/2017 \| 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	$27.43	-1.55 -5.35%	$29.51	1,831,785 229.84% of 50 DAV 50 DAV is 797,000	$35.51 -22.75%	10/10/2017	$29.39	PP = $28.36
								MB = $29.78
Most Recent Note - 11/13/2017 10:17:54 AM G - Color code is changed to green after violating its 50 DMA line ($28.03) with today's gap down and 4th consecutive loss raising greater concerns. Only a prompt rebound above the 50 DMA line would help its outlook improve. >>> FEATURED STOCK ARTICLE : Undercut Prior Highs and Tested 50-Day Moving Average Line - 11/3/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I

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