FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Monday, November 25th, 2019

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Monday, February 3, 2025.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - MONDAY, NOVEMBER 25TH, 2019

Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	+190.85	28,066.47	+0.68%	Volume	823,001,340	+15%	Volume	2,256,913,810	+21%
NASDAQ	+112.61	8,632.49	+1.32%	Advancers	2,084	73%	Advancers	2,397	77%
S&P 500	+23.35	3,133.64	+0.75%	Decliners	784	27%	Decliners	724	23%
Russell 2000	+32.96	1,621.90	+2.07%	52 Wk Highs	135		52 Wk Highs	195
S&P 600	+23.73	995.86	+2.44%	52 Wk Lows	19		52 Wk Lows	69

Breadth Positive as Major Indices Rally With Greater Volume
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow climbed 190 points, the S&P 500 gained 0.8%, and the Nasdaq Composite rallied 1.3%. Advancers led decliners by a 5-2 margin on the NYSE and more than 3-1 on the Nasdaq exchange. Volume totals reported were higher than the prior session on both major exchanges, indicative of increasing institutional buying demand. Leadership improved as there were 71 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 25 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 Dow Jones Industrial Average rallied for a new record high close.

US equities finished higher Monday, with the Dow, S&P 500, and Nasdaq Composite each closing at fresh record levels. Trade optimism provided a tailwind to risk assets on news that Chinese officials are reportedly working to increase protection and enforcement on intellectual property violations, which has been a key sticking point for the U.S. in negotiations. Furthermore, a White House official suggested that a “phase one” deal remains possible before the end of the year.

Technology shares outperformed, with NVIDIA (NVDA +4.89%) rose following an analyst upgrade. In M&A news, Tiffany & Co (TIF +6.17%) rose after agreeing to be acquired by Louis Vuitton parent LVMH (LVMUY +2.27%) in a $16.2 billion deal. TD Ameritrade (AMTD +7.68%) rose following news Charles Schwab (SCHW +2.30%) would purchase the company in an all-stock merger worth roughly $26 billion.

Treasuries strengthened slightly, with the yield on the 10-year note down one basis point to 1.76%. On the data front, a Dallas Fed update showed manufacturing activity in the region improved in November. In commodities, WTI crude added 0.4% to $58.01/barrel, looking to extend a three-week winning streak. COMEX gold fell 0.6% to $1,454.50/ounce.

Last week, the major averages slipped from all-time highs, as investors worried about the state of a preliminary U.S.-China trade accord and digested a mixed batch of retail earnings. The Dow and S&P 500 snapped a six-week winning streak, while the Nasdaq Composite ended a seven-week stretch of gains.

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.

Tech, Financial, Retail, and Oil Services Indexes Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Broker/Dealer Index ($XBD +2.25%), Bank Index ($BKX +0.69%) and Retail Index ($RLX +0.98%). The tech sector had a very positive bias as the Biotech Index ($BTK +2.49%) and the Semiconductor Index ($SOX +2.43%) both outpaced the Networking Index ($NWX +1.38%). Commodity-linked ground were mixed, with the Oil Services Index ($OSX +2.46%) outpacing the Integrated Oil Index ($XOI +0.28%), meanwhile the Gold & Silver Index ($XAU -0.82%) was a standout decliner as it lost round.

Charts courtesy of www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU -0.82%) is consolidating near its 50 DMA line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	69.24	+1.66	+2.46%	-14.09%
Integrated Oil	$XOI	1,226.13	+3.44	+0.28%	+5.78%
Semiconductor	$SOX	1,731.95	+41.16	+2.43%	+49.93%
Networking	$NWX	583.86	+7.97	+1.38%	+19.48%
Broker/Dealer	$XBD	289.22	+6.35	+2.25%	+21.86%
Retail	$RLX	2,383.21	+23.04	+0.98%	+22.13%
Gold & Silver	$XAU	92.89	-0.77	-0.82%	+31.46%
Bank	$BKX	110.02	+0.76	+0.70%	+28.24%
Biotech	$BTK	4,950.24	+120.36	+2.49%	+17.28%

Spurt of Volume-Driven Gains Reaches New All-Time High
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Splunk Inc (SPLK +$7.14 or +5.08% to $147.64) finished strong after highlighted in to yellow with pivot point cited based on its 7/26/19 high plus 10 cents in the earlier mid-day report (read here). Volume was +349% above average behind the big gain today and the strong close above the pivot point clinched a convincing new technical buy signal. SPLK went through a choppy consolidation since last noted when dropped from the Featured Stocks list on 5/30/19.

Fundamentals remain strong. Bullish action came last week as it gapped up on 11/22/19 after reporting earnings +53% on +30% sales revenues versus the year ago period ended October 31st. Quarterly comparisons have been above the +25% minimum guideline (C criteria). Annual earnings history has been strong. The high-ranked Computer Software - Database firm has earned an 99 earnings Per Share Rating, well above the 80+ minimum guideline for buy candidates. Its annual earnings (A criteria) history has been strong since reaching profitability in FY '15.

It went through a choppy consolidation since last shown in this FSU section on 5/22/19 with an annotated graph under the headline, "Perched Near Prior High With Earnings News Due". The number of top-rated funds owning its shares rose from 748 in Jun '17 to 1,187 in Sep '19, a reassuring sign concerning the I criteria. The current Up/Down Volume Ratio of 1.6 is an unbiased indication its shares have been under accumulation over the past 50 days. Its Timeliness Rating is B and Sponsorship Rating is B.

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
MLR - NYSE Miller Industries Inc AUTOMOTIVE - Auto Parts	$36.15	-0.58 -1.58%	$37.00	58,518 133.00% of 50 DAV 50 DAV is 44,000	$37.70 -4.11%	9/24/2019	$34.00	PP = $35.36
								MB = $37.13
Most Recent Note - 11/21/2019 12:09:10 PM Y - Prior highs in the $35 area define initial support above its 50 DMA line ($34.06). Showed resilience after recently reporting earnings which were below the fundamental guidelines of the fact-based investment system. >>> FEATURED STOCK ARTICLE : Showing Resilience After Latest Quarter Missed Minimum Guidelines - 11/15/2019 \| 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	$29.35	+0.18 0.62%	$29.48	83,193 213.32% of 50 DAV 50 DAV is 39,000	$30.85 -4.86%	9/13/2019	$27.03	PP = $27.05
								MB = $28.40
Most Recent Note - 11/25/2019 6:10:40 PM G - Consolidating in a tight range after getting extended from the prior base. Prior highs define important support to watch along with its 50 DMA line ($28.07). >>> FEATURED STOCK ARTICLE : Consolidating After Volume-Driven Gains for New Highs - 11/19/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
FTNT - NASDAQ Fortinet Inc Computer Sftwr-Security	$105.14	+1.33 1.28%	$105.32	1,020,297 73.72% of 50 DAV 50 DAV is 1,384,000	$106.00 -0.81%	11/11/2019	$97.14	PP = $97.06
								MB = $101.91
Most Recent Note - 11/25/2019 6:21:00 PM G - Extended from any sound base and it posted a gain today with light volume for a best-ever close. Prior high in the $97 area defines initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Reversed Into Red Today After Touching New High - 11/11/2019 \| 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	$22.96	+0.20 0.88%	$23.62	349,113 119.97% of 50 DAV 50 DAV is 291,000	$24.35 -5.71%	9/13/2019	$19.68	PP = $19.84
								MB = $20.83
Most Recent Note - 11/22/2019 5:32:14 PM G - Volume totals are cooling while hovering near its all-time high following gains marked by heavy volume. Prior highs in the $22 area define initial support above Its 50 DMA line ($20.21). Bullish action came after it reported earnings +26% on +15% sales revenues for the Sep '19 quarter, continuing its strong earnings track record. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling After Gains for New Highs - 11/22/2019 \| 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	$131.64	+3.11 2.42%	$132.78	539,392 188.60% of 50 DAV 50 DAV is 286,000	$135.32 -2.72%	10/8/2019	$129.77	PP = $132.83
								MB = $139.47
Most Recent Note - 11/25/2019 6:14:00 PM G - Rallied near its 52-week high with today's 2nd consecutive volume-driven gain. Its 50 DMA line ($127) defines near-term support above the prior low ($121.81 on 11/07/19) The Jun and Sep '19 quarterly earnings versus the year ago periods were both below the +25% minimum guideline (C criteria) and raised fundamental concerns. >>> FEATURED STOCK ARTICLE : Resilience Shown Despite Another Sub Par Earnings Report - 11/18/2019 \| 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
LULU - NASDAQ Lululemon Athletica MANUFACTURING - Textile Manufacturing	$222.16	+2.26 1.03%	$226.66	1,812,508 113.99% of 50 DAV 50 DAV is 1,590,000	$220.00 0.98%	9/6/2019	$201.25	PP = $194.35
								MB = $204.07
Most Recent Note - 11/25/2019 6:15:50 PM G - Extended from any sound base and it hit yet another new all-time high with today's gain. Found prompt support near its 50 DMA line ($202) on pullbacks during its ongoing ascent. The prior low ($191.21 on 11/05/19) defines the next important near-term support. >>> 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
CPRT - NASDAQ Copart Inc SPECIALTY RETAIL - Auto Dealerships	$89.94	+0.68 0.76%	$92.41	2,875,303 181.29% of 50 DAV 50 DAV is 1,586,000	$91.73 -1.95%	9/5/2019	$79.13	PP = $79.84
								MB = $83.83
Most Recent Note - 11/25/2019 12:41:49 PM G - Hitting another new all-time high with today's 3rd consecutive volume-driven gain, getting extended from any sound base. Reported earnings +38% on +20% sales revenues for the Oct '19 quarter, continuing its strong earnings track record. The 50 DMA line ($82.70) defines near-term support above the prior low ($80.71 on 11/06/19). >>> FEATURED STOCK ARTICLE : Gapped Up Following Another Strong Earnings Report - 11/21/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NMIH - NASDAQ N M I Holdings Inc Cl A Finance-MrtgandRel Svc	$33.36	+0.25 0.76%	$33.83	357,779 82.06% of 50 DAV 50 DAV is 436,000	$34.50 -3.30%	11/8/2019	$32.89	PP = $31.44
								MB = $33.01
Most Recent Note - 11/25/2019 6:17:09 PM G - Volume totals have been cooling while holding its ground stubbornly after rising above its "max buy" level with gains backed by above average volume. Reported earnings +54% on +42% sales revenues for the Sep '19 quarter, and prior quarterly comparisons were also well above the +25% minimum guideline (C criteria). After years of losses it had profitable years for FY '16, '17, and '18. >>> FEATURED STOCK ARTICLE : Hit New High With Volume-Driven Gains - 11/8/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SPLK - NASDAQ Splunk Inc Computer Sftwr-Database	$147.64	+7.14 5.08%	$148.18	6,267,744 349.76% of 50 DAV 50 DAV is 1,792,000	$143.70 2.74%	11/25/2019	$147.79	PP = $142.16
								MB = $149.27
Most Recent Note - 11/25/2019 6:07:30 PM Y - Finished strong after highlighted in yellow with pivot point cited based on its 7/26/19 high plus 10 cents in the earlier mid-day report. Today's big gain and strong close above the pivot point was backed by +349% above average volume clinching a convincing new technical buy signal. Fundamentals remain strong. Bullish action came last week as it gapped up on 11/22/19 after reporting earnings +53% on +30% sales revenues versus the year ago period ended October 31st. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Spurt of Volume-Driven Gains Reaches New All-Time High - 11/25/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PAYC - NYSE Paycom Software Inc COMPUTER SOFTWARE and SERVICES - Application Software	$267.24	+3.93 1.49%	$269.18	587,722 98.45% of 50 DAV 50 DAV is 597,000	$263.67 1.35%	11/20/2019	$252.97	PP = $259.81
								MB = $272.80
Most Recent Note - 11/21/2019 12:18:37 PM Y - Finished strong on the prior session after highlighted in yellow with new pivot point cited based on its 8/29/19 high plus 10 cents. The big gain for a new high triggered a technical buy signal. Found support after undercutting its 200 DMA line since dropped from the Featured Stocks list on 9/12/19. Fundamentals remain strong. It reported earnings +35% on +31% sales revenues for the Sep '19 quarter. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Powerful Gain for New High Backed by Heavy Volume - 11/20/2019 \| 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
BLD - NYSE Topbuild Corp Bldg-Constr Prds/Misc	$109.98	+0.82 0.75%	$112.71	259,590 92.38% of 50 DAV 50 DAV is 281,000	$112.41 -2.16%	5/17/2019	$82.19	PP = $87.31
								MB = $91.68
Most Recent Note - 11/25/2019 6:18:53 PM G - Extended from any sound base. Touched a new high today but erased most of its early gain. 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). Its 50 DMA line ($101) acted as support during its ongoing ascent. >>> FEATURED STOCK ARTICLE : Perched Near High Following Recent Volume-Driven Gains - 11/12/2019 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GLOB - NYSE Globant SA Computer-Tech Services	$105.10	+3.03 2.97%	$105.17	340,554 136.22% of 50 DAV 50 DAV is 250,000	$112.33 -6.44%	11/14/2019	$106.87	PP = $112.43
								MB = $118.05
Most Recent Note - 11/25/2019 6:09:24 PM G - Rebounding impressively with 5 consecutive gains after finding prompt support near its 50 DMA line ($95.80). Pulled back abruptly after it reported earnings +35% on +27% sales revenues for the Sep '19 quarter. >>> FEATURED STOCK ARTICLE : Rallying Near High With 12th Consecutive Gain - 11/14/2019 \| 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.

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.