FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, APRIL 24TH, 2017

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Indices				NYSE			Nasdaq
DOW	+216.13	20,763.89	+1.05%	Volume	1,090,047,560	-4%	Volume	1,665,414,530	+7%
NASDAQ	+73.30	5,983.82	+1.24%	Advancers	2,101	71%	Advancers	2,057	72%
S&P 500	+25.46	2,374.15	+1.08%	Decliners	850	29%	Decliners	790	28%
Russell 2000	+18.09	1,397.94	+1.31%	52 Wk Highs	250		52 Wk Highs	259
S&P 600	+10.54	849.90	+1.26%	52 Wk Lows	16		52 Wk Lows	43

Nasdaq Hits New Record High as Indices Continue to Rally
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks rallied higher on Monday. The Dow surged 216 points to 20763. The S&P 500 added 25 points to 2374 and the Nasdaq Composite gained 73 points to 5983. The volume totals reported were mixed, lighter than the prior session total on the NYSE and higher on the Nasdaq exchange. Advancers led decliners by a 5-2 margin on the NYSE and on the Nasdaq exchange. There were 103 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 53 on the prior session. New 52-week highs totals expanded and solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange.

Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index gapped up on Monday for a big gain with higher volume, rallying above its 50-day moving average (DMA) line and above a downward trendline.

The Nasdaq Composite Index hit a new record high. The major averages' (M criteria) are in a confirmed uptrend, and there has been a reassuring expansion in leadership (number of high-ranked stocks hitting new highs). New buying efforts should be made only in stocks matching all of the fundamental and technical criteria of the fact-based investment system. The Featured Stocks Page lists noteworthy high-ranked leaders.

The Nasdaq Composite climbed to an all-time high on Monday as investors applauded the first round results in the French presidential election. Pro-growth centrist Emmanuel Macron won the first round of Sunday’s vote in France and will face off against anti-E.U. National Front leader Marine Le Pen in the second round on May 7. On the domestic front, U.S. markets could be in for increased volatility as a potential government shutdown looms later this week.

Nine of 11 sectors in the S&P 500 ended in positive territory. Financials rallied higher with banks catching a boost amid the French election results. Morgan Stanley (MS +4.21%) and Bank of America (BAC +4.05%) rallied. In M&A news, C.R. Bard (BCR +19.50%) rose after agreeing to a $24 billion takeover bid from rival Becton Dickinson (BDX -4.44%). In the consumer space, Hasbro (HAS +5.90%) rose as the toymaker beat estimates on the top and bottom lines. Wayfair (W -5.40%) fell amid reports that competitor Amazon plans to a launch a new furniture sellers program.

Treasuries declined with the benchmark 10-year note down 6/32 to yield 2.27%. In commodities, NYMEX WTI crude lost 0.8% to $49.21/barrel. In FOREX, the U.S. dollar retreated 1.3% against the euro.

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.

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

The Bank Index ($BKX +2.53%) and the Broker/Dealer Index ($XBD +1.88%) both gave a big boost to the major indices on Monday. The Retail Index ($RLX +1.04%) posted a solid gain. The tech sector had a positive bias as the Semiconductor Index ($SOX +1.50%), Networking Index ($NWX +1.83%), and the Biotechnology Index ($BTK +1.76%) finished unanimously higher. The Integrated Oil Index ($XOI +1.11%) outpaced the Oil Services Index ($OSX +0.16%), and the Gold & Silver Index ($XAU -1.62%) fell.

Charts courtesy www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX +1.50%) gapped up, rallying further above its 50-day moving average (DMA) line toward prior highs.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	157.27	+0.25	+0.16%	-14.43%
Integrated Oil	$XOI	1,162.32	+12.73	+1.11%	-8.33%
Semiconductor	$SOX	1,007.80	+14.86	+1.50%	+11.18%
Networking	$NWX	453.05	+8.15	+1.83%	+1.56%
Broker/Dealer	$XBD	214.03	+3.96	+1.88%	+4.26%
Retail	$RLX	1,477.88	+15.18	+1.04%	+10.04%
Gold & Silver	$XAU	85.44	-1.40	-1.61%	+8.34%
Bank	$BKX	91.90	+2.27	+2.53%	+0.12%
Biotech	$BTK	3,541.43	+61.17	+1.76%	+15.17%

Winning Streak Continues for Discount Retailer
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Ollie's Bargain Outlet (OLLI +$0.55 or +1.49% to $37.50) rallied further above its "max buy" level for a new all-time high with today's 6th consecutive gain. Bullish action has continued since reporting earnings +22% on +16% sales revenues for the Jan '17 quarter, below the +25% minimum earnings guideline (C criteria).

The Retail - Discount & Variety industry group has seen its Group Relative Strength Rating improve from 13 to 44 since OLLI was last shown in this FSU section on 3/27/16 with an annotated graph under the headline, "No Resistance Remains and Earnings News is Due".It was highlighted in yellow with new pivot point cited based on its 2/21/17 high plus 10 cents in the 3/27/17 mid-day report (read here).

Fundamentally, it has a very strong 97 Earnings Per Share (EPS) rating. It reported earnings +55% on +16% sales revenues for the Oct '16 quarter, continuing its strong earnings track record with results above the +25% minimum earnings guideline (C criteria) for a 7th consecutive quarter. Its annual earnings (A criteria) history has been good.

OLLI was first highlighted in yellow with a pivot point based on its 4/28/16 high plus 10 cents in 7/19/16 mid-day report (read here). OLLI completed its $16 IPO on 7/16/15. It completed a Secondary Offerings on 6/06/16 and 2/18/16. The number of top-rated funds owning its shares rose from 98 in Sep '15 to 344 in Mar '17, a reassuring sign concerning the I criteria. Its small supply of only 60.9 million shares outstanding (S criteria) can contribute to greater price volatility in the event of institutional buying or selling.

Charts courtesy 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
SBCF - NASDAQ Seacoast Banking Corp Fl BANKING - Regional - Mid-Atlantic Banks	$25.33	+0.63 2.55%	$25.48	422,973 94.62% of 50 DAV 50 DAV is 447,000	$25.13 0.80%	4/24/2017	$25.33	PP = $24.38
								MB = $25.60
Most Recent Note - 4/24/2017 6:31:14 PM Y - Color code is changed to yellow with new pivot point cited based on its 3/31/17 high after a cup with handle base. Gapped up today and hit a new all-time high with today's 6th consecutive gain. Gains above the pivot point should be backed by a minimum of +40% above average volume to trigger a proper new (or add-on) technical buy signal. The 50 DMA line ($23.72) and recent low ($21.89 on 3/22/17) define support where violations would raise more serious concerns and trigger worrisome technical sell signals. >>> FEATURED STOCK ARTICLE : Rebound After Slump Below 50-Day Average Into Prior Base - 3/28/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CSFL - NASDAQ Centerstate Banks Inc Banks-Southeast	$26.27	+0.52 2.02%	$26.70	234,627 80.08% of 50 DAV 50 DAV is 293,000	$26.94 -2.48%	3/13/2017	$25.54	PP = $26.40
								MB = $27.72
Most Recent Note - 4/24/2017 6:22:52 PM Y - Rebounded further above its 50 DMA line toward prior highs. Damaging losses below its recent low ($23.64 on 4/17/17) would raise more serious concerns. >>> FEATURED STOCK ARTICLE : Positive Reversal After Intra-day Low Undercut Prior Lows - 4/17/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NSP - NYSE Insperity Inc Comml Svcs-Outsourcing	$89.75	+1.10 1.24%	$90.80	108,854 70.23% of 50 DAV 50 DAV is 155,000	$90.55 -0.88%	4/21/2017	$88.65	PP = $90.65
								MB = $95.18
Most Recent Note - 4/21/2017 5:58:55 PM Y - Color code is changed to yellow with new pivot point cited based on its 3/15/17 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Found support while consolidating in an orderly fashion above its 50 DMA line. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : New Base Formed Above 50-Day Moving Average Line - 4/21/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HTHT - NASDAQ China Lodging Group Ads LEISURE - Lodging	$66.83	+0.79 1.20%	$67.44	106,905 64.01% of 50 DAV 50 DAV is 167,000	$68.34 -2.21%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 4/20/2017 12:21:42 PM G - Hitting a new all-time high with today's 4th consecutive gain on ever-increasing volume. Found prompt support after violating its 50 DMA line on 4/11/17. Recent low ($57.89 on 4/11/17) defines near-term support to watch on pullbacks. Repeatedly noted with caution - "The 2 latest quarterly comparisons (Sep and Dec '16) were below the +25% minimum earnings guideline (C criteria), and its waning sales revenues growth rate was also noted recently as a fundamental concern. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Support Shown Promptly After 50-Day Moving Average Violation - 4/19/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SIRI - NASDAQ Sirius X M Holdings Inc MEDIA - Broadcasting - Radio	$5.13	+0.06 1.18%	$5.13	58,065,009 240.32% of 50 DAV 50 DAV is 24,162,000	$5.53 -7.23%	3/13/2017	$5.48	PP = $5.32
								MB = $5.59
Most Recent Note - 4/24/2017 6:33:46 PM G - Finished at the session high with above average volume behind today's 5th consecutive gain, closing above its 50 DMA line ($5.11), helping its outlook to improve. More damaging losses below the recent low ($4.95 on 4/19/17) would raise greater concerns and trigger a more worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Consolidating Above Near-Term Support Level - 4/13/2017 \| 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
BEAT - NASDAQ BioTelemetry Inc Medical-Services	$32.15	+1.20 3.88%	$32.48	711,758 167.47% of 50 DAV 50 DAV is 425,000	$31.70 1.42%	2/14/2017	$25.10	PP = $24.55
								MB = $25.78
Most Recent Note - 4/24/2017 6:21:30 PM G - Gapped up and rallied with average volume for a new all-time high on M&A news. Disciplined investors avoid chasing extended stocks. During recent consolidations it found support well above its 50 DMA line and above prior highs in the $24 area. >>> FEATURED STOCK ARTICLE : Perched Near High, Extended From Prior Base - 4/3/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ULTA - NASDAQ Ulta Salon Cosm & Frag SPECIALTY RETAIL - Specialty Retail, Other	$278.21	-1.29 -0.46%	$283.00	707,174 133.68% of 50 DAV 50 DAV is 529,000	$289.27 -3.82%	3/6/2017	$274.96	PP = $278.73
								MB = $292.67
Most Recent Note - 4/19/2017 12:47:41 PM Y - A volume-driven loss today is raising concerns and testing prior highs in the $278 area defining important support along with its 50 DMA line ($279.61). More damaging losses leading to violations would raise concerns and trigger technical sell signals. Its Relative Strength rating has slumped to 79, just below the 80+ minimum guideline for buy candidates. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling Following Technical Breakout - 4/7/2017 \| 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	$37.66	+0.04 0.11%	$38.46	497,250 70.83% of 50 DAV 50 DAV is 702,000	$39.50 -4.66%	4/4/2017	$36.38	PP = $36.81
								MB = $38.65
Most Recent Note - 4/21/2017 12:23:09 PM Y - Color code is changed to yellow today after gapping down and trading below its "max buy" level. Its 50 DMA line ($36) and recent lows define important near-term support. >>> FEATURED STOCK ARTICLE : Quiet Volume Behind Gain for New High Close - 4/10/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
VEEV - NYSE Veeva Systems Inc Cl A Computer Sftwr-Medical	$52.55	+0.72 1.39%	$52.92	1,306,648 102.56% of 50 DAV 50 DAV is 1,274,000	$53.37 -1.54%	3/16/2017	$49.00	PP = $48.05
								MB = $50.45
Most Recent Note - 4/20/2017 5:07:58 PM G - Hit a new all-time high and finished near the session high with today's solid gain backed by above average volume. Prior highs in the $47-48 area define support coinciding with its 50 DMA line. >>> FEATURED STOCK ARTICLE : Hovering Near High, Stubbornly Holding its Ground - 4/18/2017 \| 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	$139.00	+2.34 1.71%	$139.39	669,896 76.38% of 50 DAV 50 DAV is 877,000	$137.09 1.39%	4/17/2017	$132.75	PP = $135.27
								MB = $142.03
Most Recent Note - 4/21/2017 6:06:40 PM Y - Perched at its all-time high following 5 consecutive small gains with light volume. Wedged higher with gains lacking great volume conviction since forming an advanced "3-weeks tight" base. Gains with at least +40% above average volume while rising above the new pivot point cited would trigger a new (or add-on) technical buy signal. >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After a Considerable Rally - 4/5/2017 \| 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
IBP - NYSE Installed Building Prod DIVERSIFIED SERVICES - Business/Management Services	$53.55	+0.10 0.19%	$54.60	95,030 61.71% of 50 DAV 50 DAV is 154,000	$53.60 -0.09%	4/17/2017	$51.75	PP = $53.10
								MB = $55.76
Most Recent Note - 4/21/2017 6:08:30 PM Y - Perched at its all-time high. Wedged higher with gains lacking great volume conviction after an advanced "3-weeks tight" base was noted. Subsequent volume-driven gains above the new pivot point cited may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($48.77) defines important near-term support to watch. >>> FEATURED STOCK ARTICLE : Hovering Near All-Time High Following Volume-Driven Gains - 4/4/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
INGN - NASDAQ Inogen Inc HEALTH SERVICES - Medical Instruments and Supplies	$80.92	+1.74 2.20%	$82.07	191,905 112.23% of 50 DAV 50 DAV is 171,000	$79.94 1.23%	4/17/2017	$76.77	PP = $80.04
								MB = $84.04
Most Recent Note - 4/19/2017 4:28:30 PM Y - Posted a gain with light volume, still building on a new flat base within close striking distance of its all-time high. New pivot point cited was based on its 3/01/17 high plus 10 cents. Subsequent volume-driven gains for new highs may trigger a new (or add-on) technical buy signal. Its 50 DMA line ($73.09) defines near-term support to watch above prior highs in the $69 area. >>> FEATURED STOCK ARTICLE : Best Ever Close For High-Ranked Medical Product Maker - 3/31/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PLAY - NASDAQ Dave & Buster's Ent Inc Retail-Restaurants	$63.55	+0.83 1.32%	$63.89	457,425 55.85% of 50 DAV 50 DAV is 819,000	$63.13 0.67%	2/23/2017	$55.41	PP = $58.35
								MB = $61.27
Most Recent Note - 4/20/2017 5:02:49 PM G - Matched its all-time high and ended at a best-ever close with average volume behind today's 5th consecutive gain. Its 50 DMA line ($58.90) defines near-term support to watch on pullbacks. Latest quarter was below the +25% minimum guideline (C criteria), raising fundametal concerns. >>> FEATURED STOCK ARTICLE : Retreated From All-Time High Following Earnings Report - 3/29/2017 \| 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	$37.50	+0.55 1.49%	$37.70	576,305 98.51% of 50 DAV 50 DAV is 585,000	$37.35 0.40%	3/27/2017	$32.80	PP = $33.55
								MB = $35.23
Most Recent Note - 4/24/2017 6:43:06 PM G - Rallied further above its "max buy" level for a new all-time high with today's 6th consecutive gain. Bullish action has continued since reporting earnings +22% on +16% sales revenues for the Jan '17 quarter, below the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Winning Streak Continues for Discount Retailer - 4/24/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MOMO - NASDAQ Momo Inc Ads Cl A INTERNET - Content	$38.45	+0.13 0.34%	$39.18	4,026,795 78.80% of 50 DAV 50 DAV is 5,110,000	$39.25 -2.04%	3/7/2017	$29.71	PP = $27.83
								MB = $29.22
Most Recent Note - 4/24/2017 6:24:10 PM G - Still hovering near its all-time high, extended from the previously noted base. Its 50 DMA line ($31) and prior highs in the $28 area define important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched Near High - 4/6/2017 \| 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

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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