FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, FEBRUARY 2ND, 2015

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Indices				NYSE			Nasdaq
DOW	+196.09	17,361.04	+1.14%	Volume	887,246,780	-26%	Volume	1,825,685,600	-11%
NASDAQ	+41.45	4,676.69	+0.89%	Advancers	2,284	72%	Advancers	1,841	60%
S&P 500	+25.86	2,020.85	+1.30%	Decliners	828	26%	Decliners	1,115	37%
Russell 2000	+10.12	1,175.51	+0.87%	52 Wk Highs	177		52 Wk Highs	28
S&P 600	+7.59	677.97	+1.13%	52 Wk Lows	68		52 Wk Lows	84

Major Averages Rebounded But Volume Was Lighter Behind Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

On Monday the major averages finished higher in a volatile trading session. The Dow gained 196 points to 17,361. The S&P 500 rose 25 points to 2,020. The NASDAQ Composite was up 41 points to 4,676. The volume totals were reported lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by an 11-4 margin on the NYSE and by better than 3-2 on the Nasdaq exchange. However, leadership again contracted as there were only 9 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from the prior session total of 13 stocks. New 52-week highs outnumbered new 52-week lows on the NYSE but new lows outnumbered new highs on the Nasdaq exchange. There were gains for 5 of the 11 high-ranked companies currently on the Featured Stocks Page.

Deterioration in the broader market last week was noted as a bad sign concerning the M criteria. Monday's "positive reversal" was encouraging and it came right as the Dow touched its 200-day moving average (DMA) line, but leadership (new 52-week highs) waned and the volume behind the rebound was lighter than on prior losses. More worrisome damage for the major averages could signal the beginning of a more serious market "correction", and it would prompt investors to reduce exposure to stocks and raise cash.

PICTURED: The Dow Jones Industrial Average managed a "positive reversal" and finished near the session high after early briefly undercutting its 200-day moving average (DMA) line and prior lows. However, the gains were backed by lighter volume after losses on higher volume, and leadership (new 52-week highs) waned.

Stocks advanced as gains in oil prices helped overshadow a batch of mostly disappointing economic data. WTI crude jumped +3.2% to $49.79 per barrel and has rallied +12% over the last three sessions. On the economic front, an ISM gauge revealed U.S. manufacturing expanded in January at the slowest pace in a year, while a separate report showed construction spending increased by 0.4% in December. Meanwhile, consumer spending fell in December by the most since 2009 and incomes rose for a second month.

Every sector in the S&P 500 advanced. Telecom companies including Verizon (VZ +2.78%) rose. Energy shares were also among the best performers as Exxon Mobil (XOM +2.47%) posted a smaller-than-expected profit drop and its shares still rose . Anadarko Petroleum (APC +1.25%) was higher ahead of its profit tally after the close. Financials and technology also helped lift the market as JP Morgan Chase & Co (JPM +2%) and QUALCOMM (QCOM +3.07%) rallied.

Treasuries declined for the second time in five days. The 10-year note fell 10/32 to yield 1.68%. The 30-year bond lost 21/32 to yield 2.25%.

The Featured Stocks Page shows recent notes and Headline Links directing members to detailed analysis with data-packed graphs annotated by a Certified expert. See the Premium Member Homepage for archives to all prior pay reports published.

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.

Energy and Financial Groups Led Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Energy-related shares were among the big gainers on Monday as the Oil Services Index ($OSX +4.17%) and the Integrated Oil Index ($XOI +2.99%) rallied. Financial shares were also a positive influence on the major averages as the Bank Index ($BKX +2.16%) and the Broker/Dealer Index ($XBD +1.34%) rose. The Gold & Silver Index ($XAU +1.22%) rose, and the Retail Index ($RLX +0.83%) posted a smaller gain. The tech sector also saw small gains from the Semiconductor Index ($SOX +0.31%) and the Networking Index ($NWX +0.41%), meanwhile the Biotechnology Index ($BTK -0.72%) was a laggard as it lost ground.

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX +2.16%) is consolidating below its 50-day and 200-day moving average (DMA) lines, yet above its October 2014 lows.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	195.01	+7.81	+4.17%	-7.52%
Integrated Oil	$XOI	1,342.98	+38.99	+2.99%	-0.38%
Semiconductor	$SOX	655.19	+2.05	+0.31%	-4.61%
Networking	$NWX	343.56	+1.40	+0.41%	-4.02%
Broker/Dealer	$XBD	168.06	+2.22	+1.34%	-8.98%
Retail	$RLX	1,038.89	+8.59	+0.83%	+0.60%
Gold & Silver	$XAU	80.37	+0.97	+1.22%	+16.85%
Bank	$BKX	68.18	+1.44	+2.16%	-8.19%
Biotech	$BTK	3,678.95	-26.82	-0.72%	+6.97%

Found Support at 50-Day Moving Average Line
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Actavis plc (ACT +$1.25 or +0.47% to $267.79) halted its slide with a gain today on light volume following 4 consecutive losses. Like any stock, it is important to watch how it acts near its 50-day moving average line. It found prompt support near its 50 DMA line earlier. More damaging losses could trigger a technical sell signal.

Recent gains helped it hit a new 52-week high, but light volume of late reflects a lack of true conviction in either direction. Keep in mind that gains above a stock's pivot point must have at least +40% above average volume to trigger a proper technical buy signal. Volume also did not meet that threshold after ACT was last shown in this FSU section on 1/16/15 with annotated graphs under the headline, "Perched Near High Again With No Resistance".

The Medical - Generic Drugs industry group currently has a 96 Group Relative Strength Rating. Leadership from other issues in the group is a reassuring sign concerning the L criteria. The group had an 81 rating when it was shown in this FSU section on 12/29/14 with annotated graphs under the headline, "Formed New Base Above Prior Highs and 50-Day Moving Average". ACT was first highlighted in yellow in the 6/20/14 mid-day report (read here) with a pivot point based on its 2/26/14 high plus 10 cents. It reported earnings +53% on +83% sales revenues for the Sep '14 quarter, and its strong record satisfies the C criteria. Its annual earnings (A criteria) history has also been strong.

The number of top-rated funds owning its shares has been on the rise, up from 1,219 in Sep '13 to 1,884 in Dec '14, and its Up/Down Volume ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days, reassuring signs concerning the I criteria.

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
ACT - NYSE Actavis plc Medical-Generic Drugs	$267.79	+1.25 0.47%	$269.25	2,193,430 75.09% of 50 DAV 50 DAV is 2,921,000	$285.09 -6.07%	12/29/2014	$260.22	PP = $272.85
								MB = $286.49
Most Recent Note - 2/2/2015 6:18:31 PM Y - Halted is slide at its 50 DMA line with a gain on light volume following 4 consecutive losses. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Found Support at 50-Day Moving Average Line - 2/2/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$56.61	+1.30 2.35%	$57.25	1,044,829 49.85% of 50 DAV 50 DAV is 2,096,000	$63.20 -10.43%	1/7/2015	$54.96	PP = $58.10
								MB = $61.01
Most Recent Note - 2/2/2015 6:21:44 PM Y - Volume totals have been cooling while consolidating in a tight trading range above its 50 DMA line ($53.70). That important short-term average recently acted as support. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Staying Above 50-Day Moving Average - 1/27/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
EPAM - NYSE Epam Systems Inc COMPUTER SOFTWARE and SERVICES - Information Technology Service	$46.74	-2.19 -4.48%	$49.16	504,957 148.95% of 50 DAV 50 DAV is 339,000	$52.89 -11.63%	10/23/2014	$45.21	PP = $46.09
								MB = $48.39
Most Recent Note - 2/2/2015 2:46:22 PM G - Retreating back below its 50 DMA line today's damaging loss hurting its outlook and its color code is changed to green. Needs gains above its 50 DMA line again for its outlook to improve. >>> FEATURED STOCK ARTICLE : Recovery Above 50-Day Average Needed for Outlook to Improve - 1/21/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
FB - NASDAQ Facebook Inc Cl A INTERNET	$74.99	-0.92 -1.21%	$76.14	41,907,130 164.69% of 50 DAV 50 DAV is 25,446,000	$82.17 -8.74%	12/22/2014	$81.79	PP = $81.26
								MB = $85.32
Most Recent Note - 2/2/2015 6:31:37 PM Slumped further below its 50 DMA line with a 2nd consecutive volume-driven loss. Relative Strength rating has slumped to 76, below the 80+ minimum guideline for buy candidates. Faces resistance due to overhead supply up through the $82 level. Waning leadership (L criteria) in the Internet - Content industry group was noted as a concern. It will be dropped from the Featured Stocks list tonight. >>> FEATURED STOCK ARTICLE : Weak Finish Below 50-Day Moving Average Line - 1/30/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$194.77	-0.42 -0.22%	$196.76	1,293,216 103.13% of 50 DAV 50 DAV is 1,254,000	$213.33 -8.70%	12/30/2014	$186.26	PP = $196.00
								MB = $205.80
Most Recent Note - 1/28/2015 1:07:31 PM Y - Reported earnings +93% on +32% sales revenues for the Dec '14 quarter. There was a "negative reversal" after gapping up today and hitting a new 52-week high. Prior gains lacked great volume conviction. No resistance remains due to overhead supply. >>> FEATURED STOCK ARTICLE : Rebound Above 50-Day Moving Average Helped Technical Stance - 1/20/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$77.87	-1.47 -1.85%	$80.27	3,130,650 104.11% of 50 DAV 50 DAV is 3,007,000	$82.76 -5.91%	1/5/2015	$76.43	PP = $78.44
								MB = $82.36
Most Recent Note - 2/2/2015 2:47:53 PM Y - Little resistance remains to hinder its progress, however it is slumping back and testing support at its 50 DMA line again. Its 50 DMA line acted as support following a "negative reversal" at its 52-week high. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Acted as Support After "Negative Reversal" - 1/22/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
OTEX - NASDAQ Open Text Corp INTERNET - Internet Software and Services	$55.84	-0.83 -1.46%	$57.47	699,886 242.01% of 50 DAV 50 DAV is 289,200	$60.44 -7.61%	1/26/2015	$58.41	PP = $59.67
								MB = $62.65
Most Recent Note - 2/2/2015 6:28:04 PM Encountered more distributional pressure and reversed into the red after meeting resistance at its 50 DMA line today. Found support at its 200 DMA line, however its Relative Strength rating has slumped to 67, below the 80+ minimum guideline for buy candidates. Reported earnings +23% on +29% sales revenues for the Dec '14 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. It did not clear the previously noted "double bottom" base and trigger a convincing technical buy signal. See the latest FSU analysis for more details and an annotated weekly graph. It will be dropped from the Featured Stocks list tonight. >>> FEATURED STOCK ARTICLE : Churning Action Indicates Distributional Pressure - 1/26/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$125.11	-1.28 -1.01%	$126.73	1,441,867 106.96% of 50 DAV 50 DAV is 1,348,000	$130.00 -3.76%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 1/29/2015 6:41:30 PM G - No resistance remains and it ended near the session high with a gain on below average volume for a best-ever close. The 50 DMA line ($121.14) and recent low ($117.60 on 1/02/15) define important near-term support to watch where violations may trigger technical sell signals. See the latest FSU analysis for more details and annotated graphs. >>> FEATURED STOCK ARTICLE : Finished With a Loss and Near Session Low After Chance at Best-Ever Close - 1/28/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
RH - NYSE Restoration Hardware Hld RETAIL - Home Furnishing Stores	$89.09	+1.56 1.78%	$89.12	623,156 65.60% of 50 DAV 50 DAV is 950,000	$100.66 -11.49%	12/11/2014	$98.66	PP = $94.60
								MB = $99.33
Most Recent Note - 1/30/2015 6:33:45 PM G - Violated its 50 DMA line with a big loss on higher volume today and triggered a technical sell signal. Color code is changed to green. A rebound above the 50 DMA line is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Fell Near 50-Day Moving Average After Negating Prior Breakout - 1/15/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
UIHC - NASDAQ United Insurance Holding Insurance-Prop/Cas/Titl	$25.79	+1.36 5.57%	$25.79	414,356 155.19% of 50 DAV 50 DAV is 267,000	$26.27 -1.83%	12/5/2014	$20.64	PP = $20.31
								MB = $21.33
Most Recent Note - 2/2/2015 6:23:21 PM G - Rallied for a best-ever close today and it is extended from any sound base. Prior highs in the $22 area and its 50 DMA line define near-term support to watch. >>> FEATURED STOCK ARTICLE : Extended After Tallying More Volume-Driven Gains - 1/29/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$161.98	+2.01 1.26%	$162.76	1,625,777 81.86% of 50 DAV 50 DAV is 1,986,000	$162.80 -0.50%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 2/2/2015 6:24:32 PM G - Rallied for a best-ever close with below average volume behind today's gain, getting more extended from any sound base. Its 50 DMA line defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Perched at All-Time High Following 3 Quiet Gains - 1/23/2015 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M

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