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AFTER MARKET UPDATE - TUESDAY, SEPTEMBER 15TH, 2015
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Indices NYSE Nasdaq
DOW  +228.89 16,599.85 +1.40% Volume 759,900,100 -1% Volume 1,468,866,990 +8%
NASDAQ +54.76 4,860.52 +1.14% Advancers 2,140 70% Advancers 1,977 69%
S&P 500 +25.06 1,978.09 +1.28% Decliners 925 30% Decliners 873 31%
Russell 2000 +12.50 1,166.00 +1.08% 52 Wk Highs 19   52 Wk Highs 42  
S&P 600 +7.53 675.50 +1.13% 52 Wk Lows 86   52 Wk Lows 67  

Breadth Positive As Major Averages Rose

Stocks climbed higher on Tuesday. The Dow was up 228 points to 16599. The S&P 500 advanced 25 points to 1978. The NASDAQ jumped 54 to 4860. The volume totals were reported mixed, lighter than the prior session total on the NYSE and higher on the Nasdaq exchange. Breadth was positive as advancers led decliners by more than a 2-1 margin on the NYSE and on the Nasdaq exchange. Leadership improved as 18 stocks made it onto the BreakOuts Page, up from 14 high-ranked companies from the Leaders List that made a new 52-week high on the prior session. There were gains for 4 of the 5 high-ranked companies currently on the Featured Stocks Page. The total number of new 52-week lows again outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange.
Charts courtesy www.stockcharts.com

PICTURED: The Nasdaq Composite Index faces near-term resistance at its prior lows and its 50-day and 200-day moving average lines. Last Tuesday's follow-through day marked the beginning of a new "confirmed rally". Repeatedly, members have been reminded that at least 2 of the 3 major indices should be trading above their respective 200-day moving average (DMA) lines in order for a market environment to be considered technically "healthy". A lot of recovery work must be done to get the indices back into healthy shape, and that improvement could require some considerable time and patience.

New buying efforts may only be considered in stocks meeting all key criteria of the fact-based investment system. Disciplined investors always limit losses by selling any stock that falls more than -7% from their purchase price.

The major averages finished firmly higher ahead of this week’s Federal Reserve meeting. The most recent data shows that traders are pricing in a 28% chance that the Fed will raise interest rates on Thursday. In economic news, retail sales came in slightly lower than expected in August, but July’s numbers were revised higher. A separate release showed that Industrials production declined 0.4% in the month.

All ten sectors in the S&P 500 finished in the green with industrials and financial stocks leading the way. United Parcel Service (UPS +3.7%) paced the industrials while Bank of America (BAC +2.3%) rose as higher bond yields helped financials. M&A was back in play with Gray Television (GTN +13.3%) jumping after announcing the acquisition of television and radio stations from Schurz Communications.

Treasuries sold-off as the session progressed. The benchmark U.S. 10-year note was off 26/32 to yield 2.27 while the 30-year bond declined 1 & 29/32 to yield 3.05%.

Commodities were mixed. WTI crude rebounded 1.5% to $44.66/barrel. COMEX gold slid 0.3% to $1104.10/ounce. In FOREX, the dollar index was higher with strength against the euro and yen.  

The number of stocks listed to the Featured Stocks Page waned during deteriorating market conditions. The most current notes with headline links help members have access to more detailed letter-by-letter analysis including price/volume graphs annotated by our experts. See the Premium Member Homepage for archives to all prior pay reports.


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, Financial, Tech, and Energy Groups Rose

The Retail Index ($RLX +1.00%) and financial shares had a positive influence on the major averages on Tuesday as the Broker/Dealer Index ($XBD +1.35% and the Bank Index ($BKX +1.58%) both posted gains. The tech sector was saw unanimous gains from the Semiconductor Index ($SOX +1.21%), Biotechnology Index ($BTK +1.29%), and the Networking Index ($NWX +1.18%). Energy-linked groups rose as the Oil Services Index ($OSX +1.57%) and the Integrated Oil Index ($XOI +1.19%) posted gains, meanwhile the Gold & Silver Index ($XAU 0.0%) finished flat.

Charts courtesy www.stockcharts.com

    

PICTURED: The Oil Services Index ($OSX +1.57%faces near-term resistance at its 50 DMA line.

Industry Index Symbol Close Change % Change YTD % Change
Oil Services $OSX  171.75 +2.66 +1.57% -18.55%
Integrated Oil $XOI  1,086.22 +12.75 +1.19% -19.43%
Semiconductor $SOX  625.14 +7.47 +1.21% -8.99%
Networking $NWX  369.34 +4.29 +1.18% +3.18%
Broker/Dealer $XBD  173.94 +2.31 +1.35% -5.79%
Retail $RLX  1,195.02 +11.85 +1.00% +15.71%
Gold & Silver $XAU  44.27 +0.00 +0.00% -35.64%
Bank $BKX  72.61 +1.13 +1.58% -2.22%
Biotech $BTK  4,001.02 +50.92 +1.29% +16.34%


Quiet Gain For Second Best Close Ever

Luxoft Holding Inc Cl A (LXFT +$1.67 or +2.57% to $66.70) is consolidating within close striking distance of its 52-week high. It faces little resistances due to overhead supply, however, its deep "V" shaped consolidation is not recognized as a sound base.  It found prompt support at its 200-day moving average (DMA) line on 8/24/15 after violating its 50 DMA line.
 
It was last shown in this FSU section on 9/08/15 with an annotated graph under the headline, " Approaching Highs With Solid Gain on Higher Volume ". It had triggered technical sell signals with damaging volume-driven losses as it sank deep into the prior base on 8/24/15 amid broad-based market weakness (M criteria). The prompt rebound above its 50 DMA line was a sign of institutional support that helped its outlook improve.

LXFT was first highlighted in yellow with a pivot point cited based on its 4/23/15 high plus 10 cents in the 5/26/15 mid-day report (read here).  The high-ranked Computer Software firm reported earnings +36% on +32% sales revenues for the Jun '15 quarter, continuing its strong quarterly and annual earnings history (C and A criteria) matching the guidelines of the fact-based investment system.  Sales revenues growth has been strong while it reported earnings +32%, +23%, +50%, and +28% in the Jun, Sep, Dec '14 and Mar '15 quarters versus the year ago periods. 
  
The number of top-rated funds owning its shares rose from 185 in Jun '14 to 266 in Jun '15, a reassuring sign concerning the I criteria. It has earned a Timeliness Rating of A. Its small supply of only 30.2 million shares (S criteria) in the public float 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
BOFI - NASDAQ
B O F I Holding Inc
BANKING - Savings andamp; Loans  
$123.49 +1.59
1.30%

$123.88

202,774
67.14% of 50 DAV
50 DAV is 302,000
$134.79
-8.38%
6/10/2015 $101.47 PP = $97.78
MB = $102.67
Most Recent Note - 9/14/2015 5:37:59 PM
G - Quietly rebounded above its 50 DMA line helping its outlook to improve, however it has not formed a sound base.
>>> FEATURED STOCK ARTICLE : Quiet Gain to Finish Above 50 Day Moving Average - 9/11/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
AHS - NYSE
A M N Healthcare Svcs
DIVERSIFIED SERVICES - Staffing and Outsourcing Service  
$35.52 +0.54
1.54%

$35.71

545,026
76.66% of 50 DAV
50 DAV is 711,000
$37.25
-4.64%
8/5/2015 $34.50 PP = $32.53
MB = $34.16
Most Recent Note - 9/14/2015 5:36:27 PM
G - Still perched within striking distance of its 52-week high, consolidating above its 50 DMA line and prior highs defining important near term support. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Found Support Above 50-Day Moving Average - 9/14/2015
 |  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  
$164.06 +1.06
0.65%

$165.13

766,728
80.62% of 50 DAV
50 DAV is 951,000
$176.77
-7.19%
5/29/2015 $155.03 PP = $159.95
MB = $167.95
Most Recent Note - 9/15/2015 5:40:10 PM
G - Posted a gain on light volume today while trading near its 50 DMA line ($164.75). It has not formed a sound base following the deep shakeout on 8/24/15.
>>> FEATURED STOCK ARTICLE : Rebound Near 50-Day Moving Average Following Deep Shakeout - 9/10/2015
 |  View all notes | Set NEW NOTE alert | Company Profile | SEC News | Chart | Request a new note C A  S  I 
LXFT - NYSE
Luxoft Holding Inc Cl A
Comp Sftwr-Spec Enterprs  
$66.70 +1.67
2.57%

$66.90

122,931
47.46% of 50 DAV
50 DAV is 259,000
$68.16
-2.14%
5/26/2015 $51.90 PP = $57.40
MB = $60.27
Most Recent Note - 9/15/2015 5:37:45 PM
G - Rose for its 2nd best close ever. It has not formed a sound base yet found prompt support after violating its 50 DMA line. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Quiet Gain For Second Best Close Ever - 9/15/2015
 |  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  
$53.89 -0.81
-1.48%

$55.10

357,449
133.88% of 50 DAV
50 DAV is 267,000
$55.98
-3.73%
8/12/2015 $49.01 PP = $45.85
MB = $48.14
Most Recent Note - 9/14/2015 12:25:50 PM
G - Hitting yet another new high with higher volume behind today's 5th gain, getting more extended from its prior base. Its 50 DMA line and prior highs define near-term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Further Volume-Driven Gains Into New High Territory - 9/9/2015
 |  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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307 or 954-785-1121.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

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