FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Wednesday, November 29th, 2017

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AFTER MARKET UPDATE - WEDNESDAY, NOVEMBER 29TH, 2017

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Indices				NYSE			Nasdaq
DOW	+103.97	23,940.68	+0.44%	Volume	921,847,190	+11%	Volume	2,455,267,180	+25%
NASDAQ	-87.97	6,824.39	-1.27%	Advancers	1,497	50%	Advancers	1,116	61%
S&P 500	-0.97	2,626.07	-0.04%	Decliners	1,489	50%	Decliners	714	39%
Russell 2000	+5.86	1,542.30	+0.38%	52 Wk Highs	299		52 Wk Highs	305
S&P 600	+6.33	944.10	+0.68%	52 Wk Lows	66		52 Wk Lows	26

Leadership Expands and Volume Higher as Indices Ended MIxed
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The major averages finished mixed Wednesday. The Dow rose 104 points to close at a record-high of 23940. The S&P 500 was down a point to 2626. The Nasdaq Composite dropped 88 points to 6824. Volume totals reported were much higher than the prior session totals on the NYSE and on the Nasdaq exchange. Advancers led decliners by an 11-7 margin on the Nasdaq exchange, meanwhile the mix was even on the NYSE. There were 130 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 102 on the prior session. New 52-week highs totals expanded and solidly outnumbered new 52-week lows on both the NYSE and 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 Nasdaq Composite Index fell with higher volume on Wednesday while retreating from a record high.

The major averages (M criteria) are 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 experienced a choppy session as investors digested updates on the U.S. economy. Before the open, the Commerce Department revised third-quarter GDP to a 3.3% annualized rate from its initial 3.0% reading. Another release revealed pending home sales jumped 3.5% in October versus a projected 1.0% increase. On the Fed front, Chair Janet Yellen told lawmakers the central bank is likely to continue to raise rates gradually. Tax reform remained a focus amid reports a version of the bill was moving closer to a vote in the Senate.

Nine of 11 S&P 500 sectors were up on the session. Financials were the best performing group led by large cap lenders J.P. Morgan (JPM +2.34%) and Bank of America (BAC +2.32%). Technology was the biggest drag on the market as Apple (AAPL -2.07%) and Facebook (FB -4.00%) both fell. In earnings news, Tiffany’s (TIF -1.58%) as the jeweler’s sales missed analyst forecasts.

Treasuries declined prompting the yield of the 10-year note up 5 basis points to 2.38%. In commodities, NYMEX WTI crude fell 1.0% to $57.39/barrel ahead of Thursday’s OPEC meeting. COMEX gold lost 0.8% to $1284.10/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.

Semiconductor Index Abruptly Falls
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Broker/Dealer Index ($XBD +1.57%) and the Bank Index ($BKX +2.69%) posted solid gains on Wednesday but the Retail Index ($RLX -0.43%) pulled back. The tech sector was sluggish as the Biotechnology Index ($BTK +0.32%) and the Networking Index ($NWX -0.20%) were little changed but the Semiconductor Index ($SOX -4.39%) suffered a big loss. Commodity-linked groups were mixed as the Integrated Oil Index ($XOI +0.84%) and the Oil Services Index ($OSX +0.58%) rose while the Gold & Silver Index ($XAU -0.41%) edged lower.

Charts courtesy www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX -4.39%) suffered a big loss, falling near its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	131.15	+0.63	+0.48%	-28.64%
Integrated Oil	$XOI	1,253.56	+3.89	+0.31%	-1.14%
Semiconductor	$SOX	1,265.01	-58.07	-4.39%	+39.55%
Networking	$NWX	495.92	-0.99	-0.20%	+11.17%
Broker/Dealer	$XBD	257.15	+3.97	+1.57%	+25.27%
Retail	$RLX	1,675.60	-7.21	-0.43%	+24.77%
Gold & Silver	$XAU	79.65	-1.49	-1.84%	+1.00%
Bank	$BKX	104.38	+2.73	+2.69%	+13.72%
Biotech	$BTK	4,172.46	+13.10	+0.32%	+35.69%

Weak Technical Action Raises Concerns Despite Strong Fundamentals
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

China Lodging Group Ads (HTHT -$11.68 or -10.20% to $102.80) suffered another damaging volume-driven loss today. Recent volume driven losses triggered technical sell signals as it has slumped well below its 50-day moving average (DMA) line ($125.84). A rebound above the 50 DMA line is needed for its outlook to improve. There were "negative reversals" on 10/25/17 and 11/01/17 noted as it abruptly retreated from its all-time high after proposing a new Public Offering.

It was last shown in this FSU section on 11/02/17 with an annotated graph under the headline, "Testing 50-Day Moving Average Line After Proposed Offering". Fundamentals remain strong, as it reported Sep '17 quarterly earnings +58% on +34% sales revenues versus the year ago period, above the +25% minimum earnings guideline (C criteria). Sequential quarterly comparisons have also shown encouraging sales revenues growth acceleration. Earnings +19% on +18% sales revenues for the Jun '17 quarter were below the +25% minimum earnings guideline (C criteria).

HTHT traded up as much as +267.4% since first featured in yellow in the 7/13/16 mid-day report (read here). The number of top-rated funds owing its shares rose from 87 in Sep '15 to 227 in Sep '17 a reassuring sign concerning the I criteria.

Currently the high-ranked Leisure- Lodging firm has a C Timeliness rating, and an A Sponsorship rating. Its small supply of 27.2 million shares (S criteria) in the public float may contribute to greater price volatility in the event of institutional buying or selling.

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	$155.25	+0.88 0.57%	$156.86	1,255,776 168.56% of 50 DAV 50 DAV is 745,000	$155.46 -0.14%	8/14/2017	$106.67	PP = $110.01
								MB = $115.51
Most Recent Note - 11/28/2017 12:49:59 PM G - Reported earnings +63% on +31% sales revenues for the Oct '17 quarter, continuing its strong earnings track record. Gapped up today and hit a new all-time high, getting more extended from the previously noted base. Its 50 DMA line ($129) and recent low ($127.29 on 11/08/17) define near-term support to watch. >>> 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	$64.24	+2.11 3.40%	$64.88	172,479 233.08% of 50 DAV 50 DAV is 74,000	$66.58 -3.51%	10/10/2017	$59.38	PP = $59.08
								MB = $62.03
Most Recent Note - 11/28/2017 5:53:46 PM Y - Posted a gain today with higher (near average) volume while consolidating above its 50 DMA line ($59.43) after finding prompt support near that important short-term average. >>> 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	$271.50	-5.90 -2.13%	$278.14	4,708,974 158.77% of 50 DAV 50 DAV is 2,966,000	$285.68 -4.96%	10/30/2017	$261.19	PP = $259.46
								MB = $272.43
Most Recent Note - 11/27/2017 3:33:31 PM G - Quietly hitting another new high today, getting more extended from its prior base. Found support while quietly consolidating above prior highs in the $259 area and above its 50 DMA line ($254). Fundamentals remain strong. Recently made bids to acquire Qualcomm Inc (QCOM). >>> 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	$103.58	-7.76 -6.97%	$111.00	2,785,578 171.63% of 50 DAV 50 DAV is 1,623,000	$123.48 -16.12%	9/25/2017	$80.26	PP = $83.10
								MB = $87.26
Most Recent Note - 11/29/2017 1:30:23 PM G - Prior high in the $97.59 area defines near-term support along with its 50 DMA line ($93.78). Abruptly retreating from its all-time high after getting very extended from any sound base. Fundamentals remain strong. >>> 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	$176.70	-0.10 -0.06%	$177.66	268,304 59.89% of 50 DAV 50 DAV is 448,000	$233.13 -24.20%	9/11/2017	$193.65	PP = $220.35
								MB = $231.37
Most Recent Note - 11/28/2017 5:51:26 PM G - Its Relative Strength rating is 83. Holding its ground above its 200 DMA line ($159) since a gap down on 11/03/17 for a damaging volume-driven loss. Fundamentals remain strong. A rebound above the 50 DMA line ($202.59) is needed for its outlook to improve. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Halted Slide Above 200 DMA Line, But Additional Rebound Needed - 11/28/2017 \| 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	$102.80	-11.68 -10.20%	$117.30	1,423,064 313.45% of 50 DAV 50 DAV is 454,000	$142.80 -28.01%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 11/29/2017 1:28:38 PM G - Damaging volume-driven losses triggered technical sell signals as it slumped well below its 50 DMA line ($126). Reported Sep '17 quarterly earnings +58% on +34% sales revenues versus the year ago period, above the +25% minimum earnings guideline (C criteria). Sequential quarterly comparisons have shown encouraging sales revenues growth acceleration. >>> FEATURED STOCK ARTICLE : Weak Technical Action Raises Concerns Despite Strong Fundamentals - 11/29/2017 \| 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	$33.41	-0.46 -1.36%	$34.30	117,649 59.78% of 50 DAV 50 DAV is 196,800	$39.88 -16.22%	7/28/2017	$33.50	PP = $33.32
								MB = $34.99
Most Recent Note - 11/27/2017 3:30:58 PM G - Still consolidating below its 50 DMA line. A rebound above the 50 DMA line ($35.90) is needed for its outlook to improve. Its Relative Strength rating of 85 is above the 80+ minimum guideline for buy candidates. Losses below the 200 DMA line and recent low would raise greater concerns. >>> FEATURED STOCK ARTICLE : Halted Slide After Damaging 50-Day Moving Average Breach - 11/15/2017 \| 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	$98.55	+0.65 0.66%	$99.00	92,065 110.92% of 50 DAV 50 DAV is 83,000	$98.15 0.41%	10/26/2017	$90.90	PP = $87.90
								MB = $92.30
Most Recent Note - 11/28/2017 12:43:11 PM G - Rallying to a new all-time high and its color code is changed to green after getting extended from its prior base. Prior highs and its 50 DMA line ($87.02) define important near-term support to watch. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Best Ever Close After Pullback Found Support Near Prior High - 11/21/2017 \| 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	$44.74	-0.49 -1.08%	$45.55	753,278 84.17% of 50 DAV 50 DAV is 895,000	$45.34 -1.32%	10/9/2017	$39.75	PP = $41.54
								MB = $43.62
Most Recent Note - 11/27/2017 3:34:33 PM G - Its 50 DMA line ($42) and recent low ($39.79 on 11/03/17) define important near-term support to watch on pullbacks. Recent consolidation was too brief to be recognized as a valid new base. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Recent Consolidation Was Not a Sufficient Length New Base - 11/20/2017 \| 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	$61.24	+0.99 1.64%	$62.25	2,052,748 275.17% of 50 DAV 50 DAV is 746,000	$60.47 1.27%	10/6/2017	$57.13	PP = $54.23
								MB = $56.94
Most Recent Note - 11/29/2017 12:47:12 PM G - Due to report earnings after the close on Thursday, November 30th. Volume and volatility often increase near earnings news. Hit another new all-time high today, getting more extended from its prior base. Its 50 DMA line ($56.12) and prior low ($54.71 on 10/27/17) define near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Getting Extended From Prior Base With Earnings News Due - 11/24/2017 \| 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	$179.65	-6.35 -3.41%	$186.19	1,971,765 222.80% of 50 DAV 50 DAV is 885,000	$192.75 -6.80%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 11/29/2017 1:00:46 PM G - Retreating from its all-time high with today's loss on higher volume indicative of distributional pressure. Very extended from any sound base pattern. Its 50 DMA line ($149.10) and prior high in the $145 area define important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Electronic Products Firm Perched at Record High - 11/17/2017 \| 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	$234.21	-9.34 -3.83%	$244.90	1,208,912 160.97% of 50 DAV 50 DAV is 751,000	$245.65 -4.66%	10/27/2017	$195.65	PP = $196.37
								MB = $206.19
Most Recent Note - 11/29/2017 1:31:28 PM G - Pulling back on higher volume today after getting very extended from the previously noted base. Its 50 DMA line ($203.71) and prior highs in the $196 area define near-term support to watch on pullbacks. >>> 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	$66.20	-2.03 -2.98%	$68.67	1,760,823 116.15% of 50 DAV 50 DAV is 1,516,000	$69.82 -5.18%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 11/28/2017 5:58:22 PM G - It is very extended from any sound base after wedging higher with gains lacking great volume conviction. Prior highs and its 50 DMA line define support near $57. 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 : Extended From Prior Highs After Gains on Light Volume - 11/22/2017 \| 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	$77.40	+0.55 0.72%	$78.04	193,168 102.75% of 50 DAV 50 DAV is 188,000	$77.40 0.00%	9/19/2017	$59.15	PP = $60.10
								MB = $63.11
Most Recent Note - 11/27/2017 3:37:06 PM G - Quietly perched near its all-time high, extended from any sound base. The 50 DMA line ($65) and recent low ($59.84 on 11/08/17) define important near-term support to watch on pullbacks. >>> 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	$51.29	+0.07 0.14%	$52.12	216,304 50.02% of 50 DAV 50 DAV is 432,400	$55.31 -7.27%	11/6/2017	$54.63	PP = $52.87
								MB = $55.51
Most Recent Note - 11/27/2017 6:32:32 PM Y - Found support at its 50 DMA line ($50.11) during its consolidation. Abrupt retreat back into the prior base raised concerns after a recent breakout. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price. 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	$47.35	+0.25 0.53%	$47.70	463,101 106.22% of 50 DAV 50 DAV is 436,000	$47.50 -0.32%	11/21/2017	$46.78	PP = $47.00
								MB = $49.35
Most Recent Note - 11/27/2017 6:30:28 PM Y - Stalled near the new pivot point cited based on its 10/05/17 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may clinch a proper new (or add-on) technical buy signal. Rebounded above its 50 DMA line with convincing volume-driven gains helping its outlook to improve. Prior lows in the $41-42 area define the next important support level where further deterioration would raise more serious concerns. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Recently Stalled After Reaching a New High - 11/27/2017 \| 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	$44.40	+0.13 0.29%	$45.12	126,086 50.64% of 50 DAV 50 DAV is 249,000	$44.49 -0.20%	9/18/2017	$37.04	PP = $39.78
								MB = $41.77
Most Recent Note - 11/27/2017 3:35:59 PM G - Perched near its all-time high, extended from any sound base. Its 50 DMA line and prior lows define near-term support in the $41 area. On 10/26/17 it priced a Secondary Offering. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Holding Ground Near Record High - 11/16/2017 \| 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	$28.01	-2.35 -7.74%	$30.97	2,737,403 272.11% of 50 DAV 50 DAV is 1,006,000	$35.51 -21.12%	10/10/2017	$29.39	PP = $28.36
								MB = $29.78
Most Recent Note - 11/29/2017 1:22:42 PM G - Undercutting its 50 DMA line ($29.26) with today's volume-driven loss, raising concerns. Recent low ($26.07 on 11/13/17) defines the next important support level to watch where a violation would trigger a technical sell signal. >>> 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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