FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, OCTOBER 9TH, 2017

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Indices				NYSE			Nasdaq
DOW	-12.60	22,761.07	-0.06%	Volume	620,151,580	-15%	Volume	1,489,864,802	-15%
NASDAQ	-10.45	6,579.73	-0.16%	Advancers	1,268	44%	Advancers	1,113	40%
S&P 500	-4.60	2,544.73	-0.18%	Decliners	1,622	56%	Decliners	1,686	60%
Russell 2000	-6.66	1,503.56	-0.44%	52 Wk Highs	186		52 Wk Highs	189
S&P 600	-4.38	910.72	-0.48%	52 Wk Lows	23		52 Wk Lows	24

Breadth Positive as Indices Have Quiet Columbus Day Session
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Stocks finished slightly lower Monday. The Dow was down 12 points to 22761. The S&P 500 lost 4 points to 2544. The Nasdaq Composite lost 10 points to snap a nine-session winning streak, finishing at 6579. Volume totals reported were lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Equities markets were open while the bond market was closed in observance of Columbus Day. Decliners led advancers by about a 4-3 margin on the NYSE and on the Nasdaq exchange. There were 101 high-ranked companies from the Leaders List that made new 52-week highs and were listed on the BreakOuts Page, versus the total of 82 on the prior session. New 52-week highs totals solidly outnumbered new 52-week lows totals on the Nasdaq exchange and on the NYSE. The Featured Stocks Page provides the latest analysis on noteworthy high-ranked leaders.

Charts used courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index is perched near its record high. During the recent consolidation it found prompt support near its 50-day moving average (DMA) line.

The major averages' (M criteria) are in a confirmed uptrend. Leadership has remained healthy. Investors should buy stocks meeting all key criteria of the fact-based investment system on a case-by-case basis as they trigger technical buy signals.

The major averages declined modestly on light trading as investors await a busy week of economic updates and earnings releases. Geopolitical tensions also influenced the markets with concerns in Spain, Turkey, and the Korean Peninsula taking place on Monday. Industrial giant General Electric experienced its worst single session loss since June 2016, falling 3.9% to $23.43 amid a management restructuring.

Six of 11 S&P 500 sectors were down on the day with Energy and Technology notable outperformers. Exxon Mobil (XOM +0.39%) rose in sympathy with higher oil prices. NVIDIA (NVDA +2.26%) and Micron Technology (MU +3.25%) both rose. Healthcare was the worst performer on the session; shares of DaVita (DVA -9.91%) fell on negative analyst commentary. Express Scripts (ESRX -5.04%) fell on concerns that Amazon (AMZN +0.14%) may enter the pharmaceutical marketplace. In consumer land, Wal-Mart (WMT +1.94%) rose.

Treasuries were unchanged as the bond market was closed for Columbus Day. In commodities, NYMEX WTI crude rebounded 0.5% to $49.51/barrel on the heels of its worst weekly performance since May. COMEX gold increased 0.8% to $1281.80/ounce. In FOREX trading the U.S. dollar index was off 0.1% against its peers.

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.

Commodity-Linked Groups and Semiconductor Index Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

On Monday the Broker/Dealer Index ($XBD -0.26%) and the Bank Index ($BKX -0.59%) edged lower along with the Retail Index ($RLX -0.33%). The tech sector was mixed as the Semiconductor Index ($SOX +0.71%) rose but the Networking Index ($NWX -0.37%) and the Biotechnology Index ($BTK -0.34%) both ended slightly lower on the session. Commodities-linked groups has a positive bias as the Gold & Silver Index ($XAU +0.88%), Integrated Oil Index ($XOI +0.18%) and the Oil Services Index ($OSX +0.47%) each ended higher.

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX -0.59%) pulled back after rallying to a new 2017 high.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	138.97	+0.64	+0.46%	-24.39%
Integrated Oil	$XOI	1,212.52	+2.23	+0.18%	-4.37%
Semiconductor	$SOX	1,199.86	+8.41	+0.71%	+32.37%
Networking	$NWX	469.54	-1.76	-0.37%	+5.26%
Broker/Dealer	$XBD	247.39	-0.63	-0.26%	+20.52%
Retail	$RLX	1,553.57	-5.17	-0.33%	+15.68%
Gold & Silver	$XAU	87.66	+0.76	+0.87%	+11.16%
Bank	$BKX	100.15	-0.60	-0.60%	+9.11%
Biotech	$BTK	4,268.03	-14.45	-0.34%	+38.80%

Building - Maintenance & Service Firm Extended From Latest Base
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Installed Building Products' (IBP -$0.60 or -0.91% to $65.30) is slightly extended from its latest base. Prior highs in the $60 area define initial support above its 50-day moving average DMA line ($58.70) after the 9/26/17 gain and technical breakout backed by 71% above average volume.

IBP was last shown in this FSU section on 9/13/17 with an annotated graph under the headline, "Found Prompt Support Near Prior Highs and 50 Day Average". It traded up as much as +49.8% since first highlighted in the 2/27/17 mid-day report in yellow with pivot point cited based on its 12/08/16 high plus 10 cents (read here).

Fundamentals remain strong after reporting earnings +48% on +33% sales revenues for the Jun '17 quarter. The 3 latest quarterly comparisons had earnings increases well above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been strong since its $11 IPO on 2/13/14.

The high-ranked Building - Maintenance & Service firm has seen the number of top-rated funds owning its shares rose from 226 in Mar '16 to 290 in Jun '17, a reassuring sign concerning the I criteria. Its small supply of only 31.9 million shares outstanding (S criteria) can contribute to greater price volatility in the event of institutional buying or selling. It currently has a Timeliness Rating of A and a Sponsorship Rating of B.

Charts used 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
MPX - NYSE Marine Products Corp AUTOMOTIVE - Recreational Vehicles	$16.13	-0.29 -1.77%	$16.52	13,567 38.76% of 50 DAV 50 DAV is 35,000	$17.12 -5.78%	9/26/2017	$16.30	PP = $16.35
								MB = $17.17
Most Recent Note - 10/5/2017 7:58:03 PM Y - Found prompt support above its 50 DMA line as it encountered damaging distributional pressure on 9/29/17. Members were cautioned in the note 5:19PM 9/27/17 - "Hit yet another new high with today's 6th consecutive gain, however, volume was only +13% above average, not indicative of heavy institutional buying demand. It was highlighted in yellow with pivot point cited based on its 7/12/17 high plus 10 cents in the 9/26/17 mid-day report. Gains above the pivot point must be backed by at least +40% above average volume to clinch a convincing technical buy signal. >>> FEATURED STOCK ARTICLE : Powerboat Maker Hit Another New 52-Week High - 9/26/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
THO - NYSE Thor Industries Inc AUTOMOTIVE - Recreational Vehicles	$129.20	+0.13 0.10%	$129.88	448,128 65.90% of 50 DAV 50 DAV is 680,000	$129.71 -0.39%	8/14/2017	$106.67	PP = $110.01
								MB = $115.51
Most Recent Note - 10/9/2017 5:31:21 PM G - Touched a new 52-week high with light volume behind today's gain, getting more extended from the previously noted base. Prior highs in the $115 area define initial support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Wedged to New High Then Ended the Session Weak - 9/18/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AVGO - NASDAQ Broadcom Limited ELECTRONICS - Semiconductor - Broad Line	$246.42	+0.68 0.28%	$247.25	1,648,188 62.98% of 50 DAV 50 DAV is 2,617,000	$259.36 -4.99%	8/24/2017	$252.44	PP = $256.89
								MB = $269.73
Most Recent Note - 10/3/2017 8:52:01 PM G - A rebound above the 50 DMA line ($247.59) is needed for its outlook to improve. More damaging losses below the recent low ($231.53 on 9/25/17) would raise serious concerns and trigger a more worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Technical Deterioration Raises Concerns - 9/21/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
YY - NASDAQ YY Inc Ads INTERNET - Internet Service Providers	$89.49	+0.75 0.85%	$91.00	1,125,361 63.33% of 50 DAV 50 DAV is 1,777,000	$94.00 -4.80%	9/25/2017	$80.26	PP = $83.10
								MB = $87.26
Most Recent Note - 10/3/2017 11:45:17 AM G - Hit another new 52-week high today, getting more extended from its prior base. Recent gains above the pivot point triggered a technical buy signal. Prior highs in the $83 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Encountered Distributional Pressure When Challenging Prior HIgh - 9/25/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
STMP - NASDAQ Stamps.com Inc INTERNET - Internet Software and Services	$215.55	-0.70 -0.32%	$217.56	222,164 49.70% of 50 DAV 50 DAV is 447,000	$220.25 -2.13%	9/11/2017	$193.65	PP = $220.35
								MB = $231.37
Most Recent Note - 10/4/2017 6:34:57 PM Y - Posted a 4th consecutive gain today with light volume, rising near the new pivot point cited based on its 8/07/17 high plus 10 cents. Faces little near-term resistance. Subsequent volume-driven gains above the pivot point are needed to trigger a new (or add-on) technical buy signal. Recent low ($185.80 on 9/05/17) and its 50 DMA line ($197) define important near-term support where violations would trigger technical sell signals. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Perched Near Pivot Point With No Resistance Remaining - 10/4/2017 \| 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
HTHT - NASDAQ China Lodging Group Ads LEISURE - Lodging	$135.91	+7.95 6.21%	$138.44	567,738 158.14% of 50 DAV 50 DAV is 359,000	$129.49 4.96%	9/29/2016	$46.12	PP = $47.82
								MB = $50.21
Most Recent Note - 10/9/2017 12:00:00 PM G - Hitting another new all-time high today, very extended from any sound base. Earnings +19% on +18% sales revenues for the Jun '17 quarter were below the +25% minimum earnings guideline (C criteria). Its 50 DMA line ($112) defines near-term support. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Holding Ground Stubbornly After Considerable Rally - 10/5/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LMAT - NASDAQ Lemaitre Vascular Inc Medical-Products	$37.43	-1.03 -2.68%	$38.41	57,908 27.06% of 50 DAV 50 DAV is 214,000	$39.29 -4.74%	7/28/2017	$33.50	PP = $33.32
								MB = $34.99
Most Recent Note - 10/4/2017 6:30:02 PM G - Posted a gain today on lighter than average volume. The 50 DMA line ($35.70) defines near-term support to watch above prior highs in the $33 area. >>> FEATURED STOCK ARTICLE : Quietly Pulling Back From High After More Volume-Driven Gains - 9/22/2017 \| 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	$39.46	-0.65 -1.62%	$40.35	414,121 524.20% of 50 DAV 50 DAV is 79,000	$41.44 -4.78%	10/9/2017	$39.75	PP = $41.54
								MB = $43.62
Most Recent Note - 10/9/2017 11:57:01 AM Y - Perched within striking distance of its all-time high, but pulling back toward its 50 DMA line ($38.93) which recently acted as support. Little resistance remains due to overhead supply. New pivot point is cited based on its 8/07/17 high plus 10 cents. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. >>> FEATURED STOCK ARTICLE : Perched Within Close Striking Distance of Prior High - 9/29/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
FIVE - NASDAQ Five Below Inc Retail-DiscountandVariety	$56.39	-0.89 -1.55%	$57.40	954,022 108.78% of 50 DAV 50 DAV is 877,000	$57.65 -2.19%	10/6/2017	$57.13	PP = $54.23
								MB = $56.94
Most Recent Note - 10/6/2017 9:19:40 PM Y - Finished strong today after highlighter in yellow with new pivot point cited based on its 5/19/17 high plus 10 cents. Found support above its 200 DMA line during its consolidation and rebounded since dropped from the Featured Stocks list on 6/27/17. Quarterly and annual earnings history (C and A criteria) has been strong. Also showing acceleration in sales revenues and earnings in sequential quarterly comparisons through Jul '17. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Finished Strong With Above Average Volume Behind Big Gain - 10/6/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
OLED - NASDAQ Universal Display Corp Elec-Misc Products	$130.30	+2.20 1.72%	$131.85	598,073 68.90% of 50 DAV 50 DAV is 868,000	$145.30 -10.32%	8/31/2017	$128.22	PP = $127.78
								MB = $134.17
Most Recent Note - 10/5/2017 7:50:53 PM Y - Quietly holding its ground after pulling back near prior highs in the $127-130 area. Its 50 DMA line ($122.77) and recent lows define important support to watch. >>> FEATURED STOCK ARTICLE : Consolidating Near Prior Highs Following Recent Breakout - 9/28/2017 \| 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
ANET - NYSE Arista Networks Inc TELECOMMUNICATIONS - Communication Equipment	$193.37	+0.44 0.23%	$196.27	489,697 58.09% of 50 DAV 50 DAV is 843,000	$193.40 -0.02%	8/4/2017	$173.31	PP = $163.07
								MB = $171.22
Most Recent Note - 10/3/2017 8:44:52 PM G - Hovering near its all-time high. extended from any sound base. Its 50 DMA line ($172.60) defines important near-term support to watch. Fundamentals remain very strong. >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base After Additional Volume-Driven Gains - 9/19/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GRUB - NYSE Grubhub Inc COMPUTER SOFTWARE and SERVICES - Technical and System Software	$51.28	-0.01 -0.02%	$51.76	1,101,527 56.52% of 50 DAV 50 DAV is 1,949,000	$57.61 -10.99%	6/21/2017	$47.33	PP = $46.94
								MB = $49.29
Most Recent Note - 10/5/2017 7:52:56 PM G - Slumped below its 50 DMA line ($53.51) with today's big loss on higher (near average) volume. More damaging losses below the recent low ($49.60 on 9/22/17) would raise greater concerns and trigger a worrisome technical sell signal. The next near-term support is prior highs in the $47 area. Recently reported earnings +13% on +32% sales revenues for the Jun '17 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Gain Above 50-Day Moving Average Line Helped Technical Stance - 10/2/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
IBP - NYSE Installed Building Prod DIVERSIFIED SERVICES - Business/Management Services	$65.30	-0.60 -0.91%	$66.05	69,389 43.10% of 50 DAV 50 DAV is 161,000	$67.15 -2.76%	9/19/2017	$59.15	PP = $60.10
								MB = $63.11
Most Recent Note - 10/5/2017 7:49:35 PM G - Color code is changed to green after getting extended from its prior base. Prior highs in the $60 area define initial support above its 50 DMA line ($58.19) after the 9/26/17 gain and technical breakout backed by 71% above average volume. >>> FEATURED STOCK ARTICLE : Building - Maintenance & Service Firm Extended From Latest Base - 10/9/2017 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NCOM - NASDAQ National Commerce Corp BANKING - Regional - Southeast Banks	$43.00	+0.05 0.12%	$43.10	29,823 78.48% of 50 DAV 50 DAV is 38,000	$43.80 -1.83%	4/25/2017	$38.95	PP = $40.09
								MB = $42.09
Most Recent Note - 10/3/2017 11:41:02 AM G - Perched at its 52-week high following to an impressive spurt of volume-driven gains. Recently reported Jun '17 earnings +23% on +45% sales revenues, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Relative Strength Rating Fell Below 80+ Minimum Guideline - 9/14/2017 \| 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	$45.30	-0.35 -0.77%	$45.60	312,162 55.54% of 50 DAV 50 DAV is 562,000	$46.90 -3.41%	9/8/2017	$45.20	PP = $46.18
								MB = $48.49
Most Recent Note - 10/4/2017 6:33:36 PM Y - Closed at a best-ever high with today's 2nd consecutive gain backed by light volume. Subsequent gains above the latest pivot point with at least the minimum +40% above average volume may trigger a proper new (or add-on) technical buy signal. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Quietly Hit New Highs Without Great Volume Conviction - 10/3/2017 \| 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
HLI - NYSE Houlihan Lokey Inc Cl A Finance-Invest Bnk/Bkrs	$39.29	-0.12 -0.30%	$39.69	213,967 99.98% of 50 DAV 50 DAV is 214,000	$40.63 -3.30%	9/18/2017	$37.04	PP = $39.78
								MB = $41.77
Most Recent Note - 10/4/2017 6:28:47 PM Y - Hit a new high as it posted a 3rd consecutive gain today with below average volume. Gains above the pivot point must be backed by at least +40% above average volume to trigger a proper new (or add-on) technical buy signal. Subsequent losses below the recent low ($34.41 on 8/18/17) would raise more serious concerns and trigger a technical sell signal. >>> FEATURED STOCK ARTICLE : Rebounding Toward Prior High and New Pivot Point - 9/27/2017 \| 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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