FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Friday, November 30th, 2018

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AFTER MARKET UPDATE - FRIDAY, NOVEMBER 30TH, 2018

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Indices				NYSE			Nasdaq
DOW	+199.62	25,538.46	+0.79%	Volume	1,522,750,270	+90%	Volume	2,528,543,760	+27%
NASDAQ	+55.92	7,329.00	+0.77%	Advancers	1,630	54%	Advancers	1,743	55%
S&P 500	+22.40	2,760.16	+0.82%	Decliners	1,383	46%	Decliners	1,409	45%
Russell 2000	+7.88	1,533.27	+0.52%	52 Wk Highs	57		52 Wk Highs	51
S&P 600	+6.32	962.95	+0.66%	52 Wk Lows	259		52 Wk Lows	120

Gains for Major Indices Miss +1% Guideline for Follow-Through Day
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks finished higher Friday. The Dow gained 199 points to 25,538 to notch its best week since October 2016. The S&P 500 added 22 points to 2,760, while the Nasdaq Composite was up 57 points to 7,330 with both benchmarks posting their best weeks since 2011. The volume totals session were much higher than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth had a slightly positive bias as advancers led decliners by an 8-7 margin on the NYSE and on the Nasdaq exchange. There were 30 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus 28 on the prior session. New 52-week lows totals again solidly outnumbered new 52-week highs totals on the NYSE and on the Nasdaq exchange. Technically, the major indices (M criteria) are still in a correction. Disciplined investors will remain patient and watch for a convincing follow-through day to confirm a new rally before any new buying efforts are justified under the fact-based investment system's rules. The Featured Stocks Page provides the most timely analysis on high-ranked leaders. Strict buying and selling rules should always be followed on a case by case basis.

Charts used courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index rose +0.79% on Friday with a gain on higher volume marking Day 5 of the new rally attempt. Disciplined investors are on the watch between Day 4 to Day 7 of the rally attempt for a confirming follow-through day of subsequent big gains (+1% or more) from at least one major average, with higher volume, and coupled with a leadership expansion. Recently it sputtered yet stayed above the October low. However, its 50-day moving average (DMA) line slumped below its 200 DMA line, an ominous bearish signal which has been termed a "death cross" by technical analysts.

The major averages rallied amid investor optimism surrounding the G-20 summit. Market participants are anxiously awaiting Saturday’s proposed meeting between President Donald Trump and Chinese President Xi. For November, the Dow gained 1.7%, while the S&P 500 advanced 1.8%. The Nasdaq eked out a monthly gain of 0.3%.

Ten of 11 S&P 500 sectors closed in positive territory with Industrials, Tech and Health Care shares among the groups climbing more than 1.0%. Microsoft (MSFT +0.64%) closed as the most valuable publicly traded company in the world, with a gain pushing the company’s market capitalization above Apple (AAPL -0.54%), which dipped. Elsewhere, AT&T (T +2.19%) rose after announcing plans to reduce its debt burden. Energy was the sole laggard as WTI crude finished lower, tumbling 22% in November to notch its worst month in more than a decade.

Treasuries advanced with the yield on the 10-year note slipping two basis points to 3.00%, as trading volume was the lightest in three months. COMEX gold slipped 0.3% to $1,220.60/ounce amid a stronger dollar.

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, Tech and Financial Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Broker/Dealer Index ($XBD +0.64%), Bank Index ($BKX +1.04%), and the Retail Index ($RLX +1.10%) posted unanimous gains. The tech sector also had a positive bias as the Semiconductor Index ($SOX +1.49%) outpaced the Biotech Index ($BTK +0.65%) and the Networking Index ($NWX +0.27%). Commodity-linked groups had a negative bias as the Oil Services Index ($OSX -2.17%) slumped for a big loss as the Integrated Oil Index ($XOI -0.35%) and Gold & Silver Index ($XAU -0.52%) both edged lower.

Charts courtesy of www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +0.64%) has been sputtering below its 50-day moving average (DMA) line yet it up from its October low.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	104.74	-2.33	-2.18%	-29.96%
Integrated Oil	$XOI	1,303.05	-4.60	-0.35%	-2.43%
Semiconductor	$SOX	1,239.60	+18.17	+1.49%	-1.07%
Networking	$NWX	515.50	+1.37	+0.27%	+5.09%
Broker/Dealer	$XBD	262.49	+1.67	+0.64%	-1.04%
Retail	$RLX	2,130.59	+23.17	+1.10%	+22.89%
Gold & Silver	$XAU	64.46	-0.34	-0.52%	-24.40%
Bank	$BKX	101.57	+1.05	+1.04%	-4.82%
Biotech	$BTK	4,755.55	+30.94	+0.65%	+12.63%

Streak of Gains For New Highs Marked by Increasing Volume
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
P R A Health Sciences (PRAH +$2.86 or +2.51% to $116.74) was highlighted in yellow with pivot point cited based on its 9/14/18 high plus 10 cents in the earlier mid-day report (read here). Technically, it triggered a technical buy signal on the prior session with a gain backed by +103% above average volume. However, new buying efforts in all stocks are discouraged under the fact-based investment system until a new confirmed market rally (M criteria) is noted. It hit a new 52-week high with above average volume behind today's 8th consecutive gain, rallying straight up from is 200-day moving average (DMA) line.

Recently it reported earnings +28% on +23% sales revenues for the Sep '18 quarter, its 6th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Its annual earnings (A criteria) history has been strong and it has earned a 92 Earnings Per Share Rating, well above the 80+ minimum for buy candidates.

The number of top-rated funds owning its shares rose from 533 in Dec '17 to 627 in Sep '18. Its current Up/Down Volume Ratio of 1.2 is an unbiased indication its shares have been under accumulation over the past 50 days. It has a Timeliness rating of A and Sponsorship Rating of B. It completed yet another Secondary Offering on 8/07/18, and prior Secondary Offerings on 8/09/17, 3/04/16, 5/04/16, and 11/15/16.

Charts 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	$28.06	-0.10 -0.36%	$28.50	56,725 210.09% of 50 DAV 50 DAV is 27,000	$29.40 -4.56%	11/30/2018	$28.35	PP = $29.50
								MB = $30.98
Most Recent Note - 11/30/2018 5:02:29 PM Y - Encountered distributional pressure and finished lower today after highlighted in yellow with pivot point cited based on its 8/10/18 high plus 10 cents in the earlier mid-day report. Faces little resistance due to overhead supply up to the $29 level. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. Reported earnings +95% on +28% sales revenues for the Sep '18 quarter. Recent quarterly comparisons have been above the +25% minimum earnings guideline (C criteria) and, sequentially, showed encouraging sales revenues acceleration. Annual earnings history (A criteria) has also been good. Very small supply of only 11.4 million shares outstanding (A criteria) can contribute to greater price volatility in the event of institutional buying or selling. >>> FEATURED STOCK ARTICLE : Very Healthy Post Breakout Action - 4/5/2006 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MPX - NYSE Marine Products Corp AUTOMOTIVE - Recreational Vehicles	$21.74	-0.10 -0.46%	$22.23	72,017 160.04% of 50 DAV 50 DAV is 45,000	$24.82 -12.41%	10/24/2018	$23.00	PP = $24.92
								MB = $26.17
Most Recent Note - 11/30/2018 4:55:18 PM G - Still sputtering above the recent low ($20.25 on 10/26/18) previously noted as important near-term support. A rebound above the 50 DMA line ($22.08) is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of Pivot Point - 11/13/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ZBRA - NASDAQ Zebra Tech Corp Cl A COMPUTER HARDWARE - Computer Peripherals	$179.80	+1.88 1.06%	$180.22	425,689 91.94% of 50 DAV 50 DAV is 463,000	$184.75 -2.68%	11/6/2018	$170.41	PP = $179.57
								MB = $188.55
Most Recent Note - 11/28/2018 5:12:57 PM Y - Color code is changed to yellow after rebounding above its 50 DMA line ($169). The prior lows and 200 DMA line ($154) define important near-term support to watch. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Challenging High After Rebound Above 50-day Average - 11/28/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CME - NASDAQ C M E Group Inc DIVERSIFIED SERVICES - Business/Management Services	$190.08	+1.17 0.62%	$190.77	3,177,697 155.16% of 50 DAV 50 DAV is 2,048,000	$197.08 -3.55%	10/4/2018	$179.29	PP = $177.45
								MB = $186.32
Most Recent Note - 11/28/2018 5:17:11 PM G - Encountering distributional pressure while pulling back from its all-time high. Its 50 DMA line ($182.12) defines near-term support. Strength continued after reporting earnings +22% on +2% sales revenues for the Sep '18 quarter, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Extended From Base After More Gain With Above Average Volume - 11/15/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GDOT - NYSE Green Dot Corp Cl A FINANCIAL SERVICES - Credit Services	$83.34	+2.20 2.71%	$83.84	710,815 153.86% of 50 DAV 50 DAV is 462,000	$93.00 -10.39%	11/8/2018	$90.35	PP = $91.61
								MB = $96.19
Most Recent Note - 11/30/2018 4:56:35 PM G - Posted another gain above its 50 DMA line ($80.44) today with higher (above average) volume but it has not formed a sound base. Its 200 DMA line and prior low ($71.50 on 10/29/18) define important near-term support. >>> FEATURED STOCK ARTICLE : Volume Heavy Behind Rally to New High - 11/8/2018 \| 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
ULTA - NASDAQ Ulta Beauty Inc SPECIALTY RETAIL - Specialty Retail, Other	$297.79	-2.58 -0.86%	$301.95	929,889 97.47% of 50 DAV 50 DAV is 954,000	$322.49 -7.66%	11/8/2018	$296.36	PP = $290.40
								MB = $304.92
Most Recent Note - 11/27/2018 1:29:55 PM Y - Color code is changed to yellow while pulling back below its "max buy" level, enduring mild distributional pressure. Prior high ($290) defines initial support to watch above its 50 DMA line ($285). >>> FEATURED STOCK ARTICLE : Volume Driven Gains Indicate Institutional Buying Demand - 11/9/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
UBNT - NASDAQ Ubiquiti Networks Inc TELECOMMUNICATIONS - Diversified Communication Serv	$108.98	-1.58 -1.43%	$111.47	442,417 91.41% of 50 DAV 50 DAV is 484,000	$112.45 -3.09%	11/9/2018	$108.20	PP = $101.43
								MB = $106.50
Most Recent Note - 11/27/2018 6:34:57 PM G - Volume totals have been cooling while still stubbornly holding its ground near its all-time high. Prior high ($101.33 on 9/25/18) defines initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Pullback Following Breakout Gain on After Latest Earnings Report - 11/12/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PRAH - NASDAQ P R A Health Sciences HEALTH SERVICES - Medical Laboratories and Researc	$116.74	+2.86 2.51%	$119.03	1,532,021 323.89% of 50 DAV 50 DAV is 473,000	$114.54 1.92%	11/30/2018	$117.06	PP = $112.98
								MB = $118.63
Most Recent Note - 11/30/2018 5:05:08 PM Y - Finished strong after highlighted in yellow with pivot point cited based on its 9/14/18 high plus 10 cents in the earlier mid-day report. See the latest FSU analysis for more details and an annotated graph. Technically, it triggered a technical buy signal on the prior session with a gain backed by +103% above average volume. However, new buying efforts in all stocks are discouraged under the fact-based investment system until a new confirmed market rally (M criteria) is noted. Hitting a new 52-week high with above average volume behind today's 8th consecutive gain, rallying straight up from is 200 DMA line. Reported earnings +28% on +23% sales revenues for the Sep '18 quarter, its 6th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). It completed yet another Secondary Offering on 8/07/18, and prior Secondary Offerings on 8/09/17, 3/04/16, 5/04/16, and 11/15/16. >>> FEATURED STOCK ARTICLE : Streak of Gains For New Highs Marked by Increasing Volume - 11/30/2018 \| 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	$88.69	+1.40 1.60%	$89.37	1,003,591 148.46% of 50 DAV 50 DAV is 676,000	$101.58 -12.69%	11/2/2018	$95.56	PP = $100.09
								MB = $105.09
Most Recent Note - 11/28/2018 5:15:34 PM G - Tallied a big gain today with higher (near average) volume. Found support near its 200 DMA line after a damaging loss violated the prior low ($80.56 on 10/24/18). A rebound above the 50 DMA line ($88.25) is needed for its outlook to improve. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Found Support at 200-Day Average But Faces Overhead Supply - 11/26/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
OLLI - NASDAQ Ollie's Bargain Outlet Retail-DiscountandVariety	$88.70	-1.05 -1.17%	$90.23	601,391 91.54% of 50 DAV 50 DAV is 657,000	$97.61 -9.13%	11/16/2018	$90.70	PP = $97.71
								MB = $102.60
Most Recent Note - 11/28/2018 5:25:53 PM G - Posted a big gain today with near average volume as it rebounded near its 50 DMA line ($90.31) helping its outlook to improve. Faces near term resistance due to overhead supply up to the $97 level. >>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average Forming New Base - 11/16/2018 \| 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
PLNT - NYSE Planet Fitness Inc Cl A Leisure-Services	$55.22	-0.76 -1.36%	$56.24	1,250,730 93.90% of 50 DAV 50 DAV is 1,332,000	$57.66 -4.23%	11/7/2018	$57.10	PP = $55.45
								MB = $58.22
Most Recent Note - 11/29/2018 6:12:37 PM Y - Remains perched at its all-time high. Its 50 DMA line and recent low ($48.02 on 11/20/18) define important near-term support to watch on pullbacks. See the latest FSU analysis for more details and a new annotated graph, >>> FEATURED STOCK ARTICLE : Fitness Firm Perched Near All-Time High - 11/29/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
INVA - NASDAQ Innoviva Inc Medical-Biomed/Biotech	$18.26	+0.46 2.58%	$18.32	1,293,674 114.59% of 50 DAV 50 DAV is 1,129,000	$18.36 -0.56%	11/23/2018	$17.74	PP = $18.09
								MB = $18.99
Most Recent Note - 11/30/2018 5:00:37 PM Y - Posted a gain today for a new high close but volume was only +15% above average. Subsequent gain and a strong close above the pivot point backed by at least +40% above average volume may clinch a technical buy signal. However, new buying efforts in all stocks are discouraged under the fact-based investment system until a new confirmed market rally (M criteria) is noted. >>> FEATURED STOCK ARTICLE : Bullish Action in Biotech Firm With Strong Earnings History - 11/23/2018 \| 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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