FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - TUESDAY, MARCH 3RD, 2015

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Indices				NYSE			Nasdaq
DOW	-85.26	18,203.37	-0.47%	Volume	728,236,330	-2%	Volume	1,874,484,720	+5%
NASDAQ	-28.20	4,979.90	-0.56%	Advancers	1,256	39%	Advancers	960	32%
S&P 500	-9.61	2,107.78	-0.45%	Decliners	1,820	57%	Decliners	1,931	65%
Russell 2000	-7.86	1,234.76	-0.63%	52 Wk Highs	125		52 Wk Highs	73
S&P 600	-4.28	710.78	-0.60%	52 Wk Lows	25		52 Wk Lows	34

Breadth Negative and Leadership Cooled as Major Averages Pulled Back
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Stocks finished Tuesday lower. The Dow fell 85 points to 18203. The S&P 500 declined 9 points to 2107. The NASDAQ lost 28 points as it fell beneath the 5,00 level to rest at 4,797. The volume totals for the session were mixed, lower than the prior session total on the NYSE and yet slightly higher on the Nasdaq exchange. Decliners led advancers by a 3-2 margin on the NYSE and by a 2-1 margin on the Nasdaq exchange. Leadership contracted as there were 39 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 76 stocks. The total number of new 52-week highs still outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. There were gains for 4 of the 14 high-ranked companies currently on the Featured Stocks Page.

Concerning the M criteria, ongoing gains for the major averages have established a confirmed uptrend with a healthy crop of stocks hitting new highs. New buying efforts should only be made in stocks meeting all of the fundamental and technical guidelines the fact-based investment system.

PICTURED: The S&P 500 Index declined 9 points to 2,107, consolidating near its all-time-high up +2.4% year-to-date.

The major averages took a breather after an uncharacteristically strong February and touching new highs yesterday. Economic data was light today with Wards Vehicle Sales as the headliner. Furthermore, all eyes are on the last half of the week with a triple dip in employment reports, culminating with non-farm payrolls on Friday.

At the close, eight of the 10 S&P 500 sectors were in negative territory. Health care was the worst performing sector. Johnson & Johnson (JNJ -0.9%) led the pack lower in the face of FDA pediatric safety reviews on their products. Consumer discretionary also underperformed. Ford Motor (F -2.4%) fell after February sales declined; however, a smaller than expected gain in the new General Motors Company's (GM +0.5%) monthly auto sales lifted the stock. Energy was a relative outperformer. While heavy-weights like Exxon Mobil (XOM -0.5%) edged lower, smaller companies like EOG Resources (EOG +1.5%) rose.

Treasuries fell on the day as the benchmark 10-year note declined 11/32 to yield 2.12%. The 30-year bond lost 22/32 to yield 2.71%.

Commodities finished mixed. WTI crude gained 1.5% to $50.33/brl, while COMEX gold lost 0.6% to $1201.40/oz.

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.

Broad Based Groups Fell as Energy-Related Shares Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Weakness for the Retail Index ($RLX -0.44%) weighed on the major averages and financials were also lower as the Broker/Dealer Index ($XBD -0.87%) outpaced the Bank Index ($BKX -0.11%) to the downside. The Biotechnology Index ($BTK -0.03%) finished flat while the Networking Index ($NWX -1.20%) and the Semiconductor Index ($SOX -1.94%) fell. The Gold & Silver Index ($XAU -1.93%) also fell, meanwhile energy-related shares rose as the Oil Services Index ($OSX +0.10%) and the Integrated Oil Index ($XOI +0.32%) both edged higher.

Charts courtesy www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX -1.94%) pulled back after recently rallying to new highs. Tech leadership has boosted the tech-heavy Nasdaq Composite Index.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	199.22	+0.20	+0.10%	-5.52%
Integrated Oil	$XOI	1,358.42	+4.27	+0.32%	+0.76%
Semiconductor	$SOX	720.26	-14.25	-1.94%	+4.86%
Networking	$NWX	375.00	-4.54	-1.20%	+4.77%
Broker/Dealer	$XBD	184.11	-1.62	-0.87%	-0.29%
Retail	$RLX	1,128.19	-4.94	-0.44%	+9.24%
Gold & Silver	$XAU	73.81	-1.45	-1.93%	+7.31%
Bank	$BKX	72.94	-0.08	-0.11%	-1.78%
Biotech	$BTK	3,907.74	-1.35	-0.03%	+13.63%

Extended From Sound Base; Earnings Below +25% Raised Concerns
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Valeant Pharmaceuticals International, Inc. (VRX -$0.74% or -0.36% to $202.61) is still stubbornly holding its ground since gapping up on 2/23/15 for a considerable volume-driven gain and new all-time highs on news it will acquire Salix Pharmaceuticals (SLXP). It is very extended from any sound base. Its 50-day moving average (DMA) line defines the closest support to watch.

Following its latest big gap up gain, on 2/24/15 VRX reported earnings for the Dec '14 quarter +20%, below the +25% minimum guideline of the fact-based system (C criteria), raising fundamental concerns. VRX was last shown in this FSU section on 2/12/15 with annotated daily and weekly graphs under the headline, "Extended From Prior Highs and Previously Noted Base". Members were reminded - "It is extended from any sound base. It faces no resistance due to overhead supply, however disciplined investors avoid chasing extended stocks more than +5% above prior highs."

It was highlighted in yellow in the 1/05/15 mid-day report (read here) with an annotated weekly graph showing a new pivot point cited based on the 12/22/14 high while building a cup-with-handle base. Subsequent gains above the pivot point on 1/08/15 were backed by +71% above average volume triggering a new technical buy signal.

A downturn in FY '07 and '08 earnings (A criteria) was followed by a strong earnings rebound in recent years. Its current Up/Down Volume Ratio of 2.3 is an unbiased indication its shares have been under accumulation over the past 50 days. The number of top-rated funds owning its shares rose from 1,056 in Mar '14 to 1,167 in Dec '14, a reassuring trend concerning the I criteria. The high-ranked Medical - Ethical Drugs firm completed Public Offering on 6/18/13. The upshot of Public Offerings is that when completed the end result is typically an increase in the total number of institutional owners.

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	$296.23	-1.08 -0.36%	$297.30	2,926,765 101.62% of 50 DAV 50 DAV is 2,880,000	$297.50 -0.43%	12/29/2014	$260.22	PP = $272.85
								MB = $286.49
Most Recent Note - 3/3/2015 6:55:42 PM G - Perched at its 52-week high after completing a new Public Offering on 2/25/15. Reported Dec '14 earnings +23%, below the +25% minimum guideline (C criteria) of the fact-based investment system. Recent low ($262.00 on 2/02/15) defines important near-term support below its 50 DMA line where violations would raise more serious concerns. >>> FEATURED STOCK ARTICLE : Perched At High it Proposed a New Public Offering - 2/24/2015 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
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$54.34	+0.46 0.85%	$54.62	560,529 77.21% of 50 DAV 50 DAV is 726,000	$59.31 -8.38%	2/11/2015	$56.02	PP = $59.41
								MB = $62.38
Most Recent Note - 3/2/2015 6:44:20 PM G - Holding its ground above its 50 DMA line with volume totals cooling. Fundamental concerns were raised by earnings for the Dec '14 quarter reported below the +25% minimum guideline (C criteria). >>> FEATURED STOCK ARTICLE : Financial Firms Dec '14 Earnings Raised Fundamental Concerns - 2/11/2015 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
AKAM - NASDAQ Akamai Technologies Inc INTERNET - Internet Software and Services	$69.86	-1.27 -1.79%	$70.63	1,209,803 74.86% of 50 DAV 50 DAV is 1,616,000	$71.83 -2.74%	2/13/2015	$68.46	PP = $65.49
								MB = $68.76
Most Recent Note - 3/2/2015 6:45:12 PM G - Rallied today with above average volume. It is extended from its prior base. Prior highs in the $65 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Hitting New Highs With Four Consecutive Volume-Driven Gains - 2/13/2015 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	$63.05	+1.40 2.27%	$63.20	4,385,827 240.06% of 50 DAV 50 DAV is 1,827,000	$63.20 -0.24%	3/2/2015	$60.54	PP = $63.30
								MB = $66.47
Most Recent Note - 3/3/2015 12:25:38 PM Y - Erased today's early gains after matching its 52-week high. A new pivot point was cited based on its 1/13/15 high plus 10 cents. Rallied in response to recent M&A news in the Semiconductor group, and volume-driven gains helped it rebound above the 50 DMA line since its last appearance in the FSU section on 2/18/15 with annotated graphs. Subsequent volume-driven gains above its pivot point may trigger a new technical buy signal. >>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Triggered Sell Signal - 2/18/2015 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	$60.47	-1.23 -1.99%	$62.41	628,317 176.00% of 50 DAV 50 DAV is 357,000	$63.50 -4.77%	2/5/2015	$51.39	PP = $52.99
								MB = $55.64
Most Recent Note - 3/3/2015 12:50:59 PM G - Holding its ground near its 52-week high following 5 consecutive gains with above average volume, getting more extended from the prior base. Prior highs in the $52 area define support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Extended From Base Following Volume Driven Gains - 2/26/2015 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
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
FB - NASDAQ Facebook Inc Cl A INTERNET	$79.60	-0.15 -0.19%	$79.70	18,602,169 73.36% of 50 DAV 50 DAV is 25,358,400	$82.17 -3.13%	2/20/2015	$81.79	PP = $78.47
								MB = $82.39
Most Recent Note - 3/3/2015 7:00:47 PM G - Small loss today with lighter than average volume, holding its ground above the previously cited pivot point of a "double bottom" base. While consolidating near it 52 week high it has made limited progress, and its Relative Strength rating, at 78 now, is below the 80+ minimum guideline for new buy candidates. >>> FEATURED STOCK ARTICLE : Bullish Action While Tech Leader is Perched Near All-Time High - 2/20/2015 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
ILMN - NASDAQ Illumina Inc DRUGS - Biotechnology	$196.03	+1.97 1.02%	$196.38	1,078,389 88.47% of 50 DAV 50 DAV is 1,218,900	$213.33 -8.11%	12/30/2014	$186.26	PP = $196.00
								MB = $205.80
Most Recent Note - 3/2/2015 6:48:50 PM G - Color code is changed to green while consolidating near its 50 DMA line where more damaging losses would raise greater concerns. Its Relative Strength rating has slumped to 71, below the 80+ minimum for buy candidates. Volume totals have been cooling however gains since its "negative reversal" on 1/28/15 have lacked great volume conviction. >>> FEATURED STOCK ARTICLE : Following "Negative Reversal Gains Have Lacked Volume - 2/10/2015 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
JLL - NYSE Jones Lang Lasalle Inc REAL ESTATE - Property Management/Developmen	$161.44	-1.50 -0.92%	$163.00	208,083 66.48% of 50 DAV 50 DAV is 313,000	$164.48 -1.85%	2/3/2015	$156.95	PP = $154.66
								MB = $162.39
Most Recent Note - 3/3/2015 6:57:00 PM Y - Color code is changed to yellow after quietly retreating below its "max buy" level. Prior highs in the $154 area and its 50 DMA line define support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Wedged Above Prior Highs Getting Extended - 2/25/2015 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
LNKD - NYSE Linkedin Corp Class A INTERNET - Internet Information Providers	$265.54	-3.88 -1.44%	$272.55	1,195,998 74.84% of 50 DAV 50 DAV is 1,598,000	$276.18 -3.85%	2/6/2015	$269.83	PP = $243.35
								MB = $255.52
Most Recent Note - 3/3/2015 6:59:00 PM G - Holding its ground but making little progress since the considerable "breakaway gap" noted in the 2/06/15 mid-day report (read here). It remains extended from prior highs. >>> FEATURED STOCK ARTICLE : Holding Ground Following Breakaway Gap - 2/27/2015 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$98.73	-0.83 -0.83%	$100.09	7,323,287 217.70% of 50 DAV 50 DAV is 3,364,000	$99.90 -1.17%	1/5/2015	$76.43	PP = $78.44
								MB = $82.36
Most Recent Note - 3/3/2015 1:01:32 PM G - Very extended from any sound base. Gapped up for a considerable gain and new all-time high on 3/02/15 news it will acquire Freescale Semiconductor Inc (FSL) in an $11.8 Billion deal. Disciplined investors avoid chasing extended stocks. >>> FEATURED STOCK ARTICLE : Perched at All-Time High, Extended From Prior base - 2/17/2015 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
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$148.90	+2.92 2.00%	$149.35	5,194,138 451.27% of 50 DAV 50 DAV is 1,151,000	$146.40 1.71%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 3/3/2015 1:05:38 PM G - Its 50 DMA line (now $129.10) defines near-term support to watch on pullbacks where a violation may trigger a technical sell signal. After breaking out 9/02/14 it has spent very little time basing, and it is very extended from any sound base, yet could produce more climactic gains. >>> FEATURED STOCK ARTICLE : Reversed Into Red After Touching a New High - 2/23/2015 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
QLYS - NASDAQ Qualys Inc Computer Sftwr-Security	$47.27	-0.24 -0.51%	$47.55	205,249 61.82% of 50 DAV 50 DAV is 332,000	$49.42 -4.35%	2/6/2015	$42.24	PP = $40.84
								MB = $42.88
Most Recent Note - 3/2/2015 6:51:16 PM G -Gain today was backed by above average volume, getting more extended from the prior base. Prior highs in the $40-41 area and its 50 DMA line define the nearest chart support level. >>> FEATURED STOCK ARTICLE : Near Highs and Tallying Another Big Volume-Driven Gain - 3/2/2015 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
UIHC - NASDAQ United Insurance Holding Insurance-Prop/Cas/Titl	$24.47	-0.94 -3.70%	$25.41	279,106 83.82% of 50 DAV 50 DAV is 333,000	$28.43 -13.93%	12/5/2014	$20.64	PP = $20.31
								MB = $21.33
Most Recent Note - 3/2/2015 6:52:05 PM G - Rebounded further above its 50 DMA line with today's gain on average volume. Fundamental concerns were raised as it recently reported earnings +22% on +20% sales revenues for the Dec '14 quarter, below the +25% minimum earnings guideline (C criteria). >>> FEATURED STOCK ARTICLE : Abrupt Pullback as Fundamental Concerns Were Raised - 2/19/2015 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
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$202.61	-0.74 -0.36%	$204.00	3,440,958 117.76% of 50 DAV 50 DAV is 2,922,000	$204.66 -1.00%	1/5/2015	$144.84	PP = $149.90
								MB = $157.40
Most Recent Note - 3/3/2015 6:53:31 PM G - Still stubbornly holding its ground since gapping up on 2/23/15 on M&A news. Latest earnings for Dec '14 quarter raised concerns and it is very extended from any sound base. Its 50 DMA line defines the closest support to watch. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Extended From Sound Base; Earnings Below +25% Raised Concerns - 3/3/2015 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

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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