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AFTER MARKET UPDATE - WEDNESDAY, NOVEMBER 25TH, 2015
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Indices NYSE Nasdaq
DOW  +1.20 17,813.39 +0.01% Volume 661,226,430 -26% Volume 1,435,026,080 -20%
NASDAQ +13.33 5,116.14 +0.26% Advancers 1,847 61% Advancers 1,872 66%
S&P 500 -0.27 2,088.87 -0.01% Decliners 1,184 39% Decliners 956 34%
Russell 2000 +9.20 1,198.01 +0.77% 52 Wk Highs 95   52 Wk Highs 84  
S&P 600 +4.20 707.25 +0.60% 52 Wk Lows 44   52 Wk Lows 45  

Leadership Improved on Quiet Pre-Thanksgiving Day Session

Stocks were little-changed on Wednesday. The Dow added 1 point to 17813. The S&P 500 was flat to close at 2088. The NASDAQ was up 13 points to 5116. Volume totals were reported lighter on the NYSE and on the Nasdaq exchange. Advancers led decliners by a 3-2 margin on the NYSE and by almost  2-1 margin on the Nasdaq exchange. Leadership improved as there were 49 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, up from 40 on the prior session. There were gains for 10 of the 12 high-ranked companies currently on the Featured Stocks Page. New 52-week highs outnumbered new 52-week lows on both the Nasdaq exchange and the NYSE, marking the first time since November 4th new lows did not trump new highs.

Charts courtesy www.stockcharts.com


PICTURED: The Dow Jones Industrial Average faces near term resistance at a downward trendline. It is -2.9% off its all-time high, above its 200-day moving average (DMA) line and 50 DMA lines.

All three major averages (M criteria) showed impressive strength and recently rebounded above their respective 200 DMA lines while leadership (stocks hitting new highs) improved. New buying efforts may only be considered in stocks meeting all key criteria.

The major averages experienced a quiet trading session despite a flurry of economic releases. Personal spending rose 0.1% in October, below a projected 0.3% increase. Weekly jobless claims declined 12,000 to 260,000, below expectations of 271,000. Durable goods orders and a survey of U.S. housing prices also surprised to the upside. Finally, Markit services data showed a better-than-expected November increase.

On the earnings front, HP Inc. (HPQ -13.66%) fell as the company posted disappointing results in its first quarter as a stand-alone entity. Shares of Deere (DE +4.79%) rose after profits soundly beat analyst expectations. Guess Inc. (GES +6.76%) jumped after exceeding earnings projections and raising forward guidance.

Six out of ten sectors in the S&P 500 finished lower on Wednesday. Energy shares underperformed along with materials, while consumer and healthcare stocks paced the gains.

Treasuries were mostly unchanged. The benchmark 10-year note crept 1/32 higher to yield 2.23%. In commodities, NYMEX WTI crude gained 0.5% to $43.07/barrel after a report showed a ninth-straight weekly increase in U.S. crude supplies. COMEX gold was down 0.3% to $1070.10/ounce. In FOREX, the dollar was higher with strength against the euro.   .

The Featured Stocks Page saw some new names recently added. 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.


Retail and Broker/Dealer Indexes Rose

Commodity-linked groups edged lower as the Oil Services Index ($OSX -0.33%), Integrated Oil Index ($XOI -0.65%), and the Gold & Silver Index ($XAU -0.41%) each gave up some of the prior session's big gains. The Retail Index ($RLX +0.65%) and the Broker/Dealer Index ($XBD +0.37%) both edged higher while the Bank Index ($BKX+0.01%) finished flatThe Biotechnology Index ($BTK +1.15%) led the tech sector while the Networking Index ($NWX +0.20%) inched higher and the Semiconductor Index ($SOX +0.07%) finished flat.

Charts courtesy www.stockcharts.com

PICTURED:  The  Bank Index ($BKX+0.01%) is consolidating above its 200-day and 50-day moving average (DMA) lines while trying to rebound from its October lows

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  180.13 -0.60 -0.33% -14.58%
Integrated Oil $XOI  1,201.66 -7.83 -0.65% -10.86%
Semiconductor $SOX  666.09 +0.48 +0.07% -3.03%
Networking $NWX  390.74 +0.79 +0.20% +9.16%
Broker/Dealer $XBD  185.08 +0.68 +0.37% +0.24%
Retail $RLX  1,310.79 +8.47 +0.65% +26.92%
Gold & Silver $XAU  45.96 -0.19 -0.41% -33.18%
Bank $BKX  75.64 +0.01 +0.01% +1.86%
Biotech $BTK  3,825.12 +43.42 +1.15% +11.22%


Gain For New High With +36% Above Average Volume

Blackhawk Network Inc (HAWK  +$1/17 or +2.50% to $47.95) was highlighted in yellow with new pivot point cited based on its 10/09/15 high plus 10 cents in the earlier mid-day report (read here). It hit a new high as it posted a gain with +36% above average volume.  A subsequent volume driven gain and strong close above the pivot is still needed to trigger a proper technical buy signal.

Under the fact-based investment system's buying rules the volume must be at least +40% above average behind gains above a stock's pivot point to trigger a proper technical buy signal. Historic studies have shown that most big stock market winners began their considerable price advance with a burst of very heavy volume behind their breakout gains into new high territory. The surge of volume is a crucial sign of serious institutional buying demand.

HAWK found support at its 200 DMA line and rebounded impressively since dropped from the Featured Stocks list on 10/20/15. It was last shown in this FSU section on 10/09/15 with an annotated graph under the headline, "Met Some Resistance After Touching a New 52-Week High".

Fundamentals remain strong. It reported earnings +52% on +31% sales revenues for the Sep '15 quarter, its 4th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria), helping it better match the winning models of the fact-based investment system. 

The number of top-rated funds owning its shares rose from 205 in Dec '14 to 323 in Sep '15, a reassuring sign concerning the I criteria. Currently the Finance - Credit Card/Payment Processing firm has a Timeliness rating of A and a Sponsorship rating of C.  The small supply of only 53.5 million shares (S criteria) in the pubic float can contribute to greater volatility in the event of institutional buying or selling. 
 
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
PNFP - NASDAQ
Pinnacle Financial Prtnr
BANKING - Regional - Southeast Banks  
$54.60 +0.10
0.18%

$54.80

89,514
52.04% of 50 DAV
50 DAV is 172,000
$57.99
-5.84%
11/6/2015 $56.34 PP = $55.58
MB = $58.36
Most Recent Note - 11/24/2015 6:12:01 PM
Y - Concerns were raised as it slumped back into the prior base. Its 50 DMA line defines the next important support level. Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Negated Breakout Then Finding Support Above 50 Day Average - 11/24/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
SFNC - NASDAQ
Simmons First Natl Cp A
BANKING - Regional - Southeast Banks  
$56.88 +0.02
0.04%

$57.00

113,064
60.46% of 50 DAV
50 DAV is 187,000
$58.58
-2.90%
10/22/2015 $50.13 PP = $48.98
MB = $51.43
Most Recent Note - 11/24/2015 6:17:17 PM
G - Posted a 3rd consecutive small gain with light volume today and finished near the session high for a best-ever close. Extended from its prior base. Prior highs in the $48 area define initial support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched Near High - 11/19/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
MANH - NASDAQ
Manhattan Associates Inc
COMPUTER SOFTWARE and SERVICES - Technical and System Software  
$74.86 +0.98
1.33%

$75.18

303,781
55.94% of 50 DAV
50 DAV is 543,000
$76.49
-2.13%
10/21/2015 $69.18 PP = $69.91
MB = $73.41
Most Recent Note - 11/23/2015 5:11:15 PM
G - Color code is changed to green after rallying back above its "max buy" level. Prior highs in the $69 area and its 50 DMA line define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs and 50-Day Moving Average - 11/18/2015
 |  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  
$47.95 +1.17
2.50%

$48.40

740,536
136.13% of 50 DAV
50 DAV is 544,000
$46.97
2.09%
11/25/2015 $47.63 PP = $47.07
MB = $49.42
Most Recent Note - 11/25/2015 5:54:56 PM
Y - Finished above its new pivot point cited based on its 10/09/15 high plus 10 cents, but volume behind the gain fort a new high today was below the minimum guideline. Fundamentals remain strong. Volume must be at least +40% above average behind gains above a stock's pivot point to trigger a proper technical buy signal. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Gain For New High With +36% Above Average Volume - 11/25/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
JBSS - NASDAQ
Sanfilippo John B & Son
FOOD and BEVERAGE - Processed and Packaged Goods  
$61.24 +1.48
2.48%

$61.61

48,917
61.92% of 50 DAV
50 DAV is 79,000
$66.29
-7.62%
10/27/2015 $56.00 PP = $57.33
MB = $60.20
Most Recent Note - 11/23/2015 5:12:39 PM
G - Still consolidating above its "max buy" level. Prior highs in the $57 area and its 50 DMA line define support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Consolidating Near "Max Buy" Level and Well Above Prior Highs - 11/12/2015
 |  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
STMP - NASDAQ
Stamps.com Inc
INTERNET - Internet Software and Services  
$102.00 +0.35
0.34%

$102.18

166,239
57.52% of 50 DAV
50 DAV is 289,000
$106.43
-4.16%
11/6/2015 $100.75 PP = $88.97
MB = $93.42
Most Recent Note - 11/23/2015 5:09:44 PM
G - Volume-driven gain today for its 2nd best close. Prior highs in the $88 area define important near-term support to watch. Disciplined investors avoid chasing extended stocks. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Volume-Driven Gain For Second Best Close - 11/23/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
ULTI - NASDAQ
Ultimate Software Group
INTERNET - Internet Software and Services  
$198.18 +0.44
0.22%

$199.12

270,851
104.17% of 50 DAV
50 DAV is 260,000
$216.27
-8.36%
10/28/2015 $204.38 PP = $195.28
MB = $205.04
Most Recent Note - 11/24/2015 6:19:09 PM
Y - Pulled back today for a 3rd consecutive small loss with light volume. Prior highs in the $195 area define support along with its 50 DMA line ($193.24).
>>> FEATURED STOCK ARTICLE : Following Big Breakout Volume Totals Have Cooled - 11/16/2015
 |  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  
$170.11 -0.72
-0.42%

$171.01

708,534
96.93% of 50 DAV
50 DAV is 731,000
$176.77
-3.77%
10/22/2015 $168.02 PP = $170.31
MB = $178.83
Most Recent Note - 11/20/2015 5:34:20 PM
G - Rebounded above its 50 DMA line this week after finding support near its 200 DMA line. Little resistance remains due to overhead supply up through the $176 level. Fundamental concerns remain after the Sep '15 quarter earnings were below the +25% minimum guideline (C criteria).
>>> FEATURED STOCK ARTICLE : Gains on Light Volume Before Decisive Drop on Heavy Volume - 11/13/2015
 |  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  
$59.54 +0.96
1.64%

$59.88

175,457
38.99% of 50 DAV
50 DAV is 450,000
$61.75
-3.58%
9/23/2015 $51.26 PP = $52.55
MB = $55.18
Most Recent Note - 11/24/2015 6:15:01 PM
G - Pulled back on light volume today. It is extended from any sound base. Prior highs in the $56 area define near-term support above its 50 DMA line ($54.58).
>>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched Near High - 11/17/2015
 |  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  
$76.45 -0.04
-0.05%

$78.18

204,755
89.02% of 50 DAV
50 DAV is 230,000
$77.39
-1.21%
10/22/2015 $66.65 PP = $68.95
MB = $72.40
Most Recent Note - 11/20/2015 5:38:11 PM
G - Posted another gain with above average volume. It has been stubbornly holding its ground above its "max buy" level, extended from prior highs in the $68 area. Disciplined investors avoid chasing extended stocks.
>>> FEATURED STOCK ARTICLE : Gap Up Gain Getting More Extended From Prior Base - 11/11/2015
 |  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
VBTX - NASDAQ
Veritex Holdings Inc
BANKING - Regional - Southwest Banks  
$16.89 +0.03
0.18%

$17.02

9,107
53.57% of 50 DAV
50 DAV is 17,000
$17.95
-5.91%
11/4/2015 $17.00 PP = $18.05
MB = $18.95
Most Recent Note - 11/23/2015 5:13:59 PM
Y - Finished near the session high today. Found support above its 50 DMA line last week. Still has not produced the necessary gains above its pivot point backed by at least +40% above average volume needed to trigger a technical buy signal.
>>> FEATURED STOCK ARTICLE : Found Support This Week Above 50-Day Moving Average - 11/20/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
NHTC - NASDAQ
Natural Health Trends
Cosmetics/Personal Care  
$47.87 +1.53
3.30%

$49.97

417,313
99.84% of 50 DAV
50 DAV is 418,000
$55.45
-13.67%
10/23/2015 $42.12 PP = $44.85
MB = $47.09
Most Recent Note - 11/24/2015 6:25:09 PM
Y - Found prompt support at its 10-week moving average (WMA) line and its color code is changed to yellow. A valid secondary buy point is noted from its first successful test of the 10 WMA line up to +5% above the latest high ($55.45 X 1.05 =$58.22).
>>> FEATURED STOCK ARTICLE : Wedging Higher Following Volume-Driven Breakout - 11/10/2015
 |  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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

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