FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Monday, November 11th, 2024

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AFTER MARKET UPDATE - MONDAY, NOVEMBER 11TH, 2024

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Indices				NYSE			Nasdaq
DOW	+304.14	44,293.13	+0.69%	Volume	968,223,771	-9%	Volume	8,323,258,300	+13%
NASDAQ	+11.99	19,298.76	+0.06%	Advancers	1,489	55%	Advancers	2,425	57%
S&P 500	+5.81	6,001.35	+0.10%	Decliners	1,197	45%	Decliners	1,842	43%
Russell 2000	+35.34	2,434.98	+1.47%	52 Wk Highs	421		52 Wk Highs	573
S&P 600	+23.06	1,531.42	+1.53%	52 Wk Lows	30		52 Wk Lows	109

Leadership Im[proved and Breadth Positive Behind Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The S&P 500 closed above 6,000 for the first time, up +0.1%. The Nasdaq Composite also rose +0.1% and the Dow Jones Industrial Average ended with a +0.7% gain. The Russell 2000 outperformed, jumping +1.4%. 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 5-4 margin on the NYSE and by a 4-3 margin on the Nasdaq exchange. There were 179 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 117 on the prior session. New 52-week highs totals solidly outnumbered new 52-week lows on the NYSE and on the Nasdaq exchange. The major indices are in a confirmed uptrend (M criteria). Disciplined investors know that new buying efforts are only to be made in stocks meeting all key criteria of the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index posted a 5th consecutive gain for a new all-time high.

The consumer discretionary sector closed +1.8% higher, thanks to a big move in Tesla (TSLA +9.0%). The financial sector (+1.4%) also had a solid showing. The information technology sector registered a 0.9% decline due to weakness in mega caps and chipmakers.

This week's calendar features the October CPI Report on Wednesday, the October PPI Report on Thursday, and the October Retail Sales Report on Friday. Tuesday's data is limited to the October NFIB Small Business Optimism survey at 6:00 ET.

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 Indexes Rose and Gold & Silver Index Dove
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Broker/Dealer Index ($XBD +2.52%) and the Bank Index ($BKX +2.34%) both posted influential gains, meanwhile the Retail Index ($RLX -0.23%) ended slightly lower again on Monday. The tech sector was mixed as the Semiconductor Index ($SOX -2.54%) outpaced the Biotech Index ($BTK -0.77%) to the downside while the Networking Index ($NWX +1.10%) posted a gain. The Gold & Silver Index ($XAU -5.71%) was a standout decliner. The Oil Services Index ($OSX +1.90%) posted a big gain while the Integrated Oil Index ($XOI +0.07%) finished flat.

Chart courtesy of www.stockcharts.com

PICTURED: The Semiconductor Index ($SOX -2.54%) pulled back to its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	80.88	+1.51	+1.90%	-3.58%
Integrated Oil	$XOI	1,922.53	+1.27	+0.07%	+3.22%
Semiconductor	$SOX	5,156.39	-134.13	-2.54%	+23.49%
Networking	$NWX	1,219.29	+13.22	+1.10%	+46.41%
Broker/Dealer	$XBD	843.99	+20.74	+2.52%	+51.45%
	$RLX	5,001.71	-11.43	-0.23%	+28.62%
Gold & Silver	$XAU	147.78	-8.95	-5.71%	+17.58%
Bank	$BKX	134.82	+3.08	+2.34%	+40.41%
Biotech	$BTK	6,106.68	-47.66	-0.77%	+12.69%

New High After 6th Consecutive Gain
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Natural Grocers (NGVC) is perched at a new all-time high after today's 6th consecutive gain. It recently powered above the new pivot point cited based on its 9/18/24 high plus 10 cents triggering a new (or add-on) technical buy signal. It rallied abruptly from its 50-day moving average (DMA) line ($27.89) which acted as support.

NGVC was highlighted in yellow in the 9/05/24 mid-day report (read here) as it was noted that a valid secondary buy point exists up to 5% above the prior high since finding support near its 10 WMA line after an earlier breakout. It was last shown in this FSU section on 10/04/24 with an annotated graph under the headline, "Near 50-Day Moving Average After Volume-Driven Losses".

NGVC has an Earnings Per Share Rating of 95. Reported earnings +29% on +10% sales revenues for the Jun '24 quarter versus the year ago period, its 5th consecutive strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings growth has been steady (A criteria).

The Retail-Super/Mini Markets group is currently ranked 80th on the 197 Industry Groups list. Top-rated funds owning an interest in the company's shares rose from 177 in Sep '23 to 206 in Sep '24, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.2 provides an unbiased indication that its shares have been under slight accumulation over the past 50 days. Its small supply (S criteria) of only 22.8 million shares outstanding 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
USLM - NASDAQ U.S. Lime & Minerals Bldg-Cement/Concrt/Ag	$142.30	-0.81 -0.57%	$146.70	98,205 146.57% of 50 DAV 50 DAV is 67,000	$143.56 -0.88%	9/17/2024	$71.26	PP = $87.23
								MB = $91.59
Most Recent Note - 11/6/2024 11:06:16 AM G - Gapped up today powering to another new all-time high with a big 9th gain in the span of 10 sessions. Its 50 DMA line ($95) defines important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Hovering Above Prior Highs Near All-Time High - 10/7/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GVA - NYSE Granite Construction Bldg-Heavy Construction	$98.41	+0.47 0.48%	$99.32	432,759 62.54% of 50 DAV 50 DAV is 692,000	$98.22 0.19%	6/11/2024	$59.76	PP = $64.33
								MB = $67.55
Most Recent Note - 11/8/2024 5:15:57 PM G - Powered to another new all-time high with today's 7th consecutive gain. Bullish action has come after it reported Sep '24 quarterly earnings +19% on +14% sales revenues versus the year-ago period, below the +25% minimum guideline (C criteria) of the fact-based investment system. See the latest FSU analysis for moer details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Extended From Base After Streak of Gains for New Highs - 11/8/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TXRH - NASDAQ Texas Roadhouse Retail-Restaurants	$194.48	-3.29 -1.66%	$199.45	554,666 75.46% of 50 DAV 50 DAV is 735,000	$201.24 -3.36%	7/26/2024	$173.08	PP = $175.82
								MB = $184.61
Most Recent Note - 11/6/2024 11:16:52 AM G - Gapped up today hitting a new all-time high. Prior highs in the $177-180 area define initial support to watch above its 50 DMA line ($176) on pullbacks. >>> FEATURED STOCK ARTICLE : Gain With Light Volume for New High Close - 10/18/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HWM - NYSE Howmet Aerospace Aerospace/Defense	$114.68	+1.03 0.91%	$115.98	1,534,827 65.82% of 50 DAV 50 DAV is 2,332,000	$115.38 -0.61%	7/30/2024	$93.95	PP = $85.52
								MB = $89.80
Most Recent Note - 11/6/2024 11:12:40 AM G - Gapped up today hitting a new all-time high. Found support at its 50 DMA line ($99.67) and above prior highs in the $98 area. Reported Sep '24 quarterly earnings +54% on +11% sales revenues versus the year-ago period. Volume and volatility often increase near earnings news. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Found Support at 50-Day Moving Average Line Before Earnings Report - 11/5/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NGVC - NYSE Natural Grocers Retail-Super/Mini Mkts	$33.89	+0.10 0.30%	$34.76	102,182 116.12% of 50 DAV 50 DAV is 88,000	$33.88 0.03%	11/5/2024	$30.57	PP = $30.42
								MB = $31.94
Most Recent Note - 11/11/2024 9:25:55 PM G - Hit a new all-time high with today's 6th consecutive gain and its color code is changed to green after rising above its "max buy" level. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : New High After 6th Consecutive Gain - 11/11/2024 \| 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
CLS - NYSE Celestica Elec-Contract Mfg	$84.63	-1.22 -1.42%	$87.99	2,552,542 112.45% of 50 DAV 50 DAV is 2,270,000	$86.36 -2.00%	10/11/2024	$57.62	PP = $63.59
								MB = $66.77
Most Recent Note - 11/7/2024 7:20:17 PM G - Hit yet another new all-time high with today's 5th consecutive gain backed by ever-increasing volume, getting very extended from any sound base. Prior highs in the $63 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Celistica Hits New All-Time High With 8th Straight Gain - 10/11/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PAY - NYSE Paymentus Holdings Finance-CrdtCard/PmtPr	$26.78	-0.27 -1.00%	$27.93	310,264 145.66% of 50 DAV 50 DAV is 213,000	$27.14 -1.33%	10/17/2024	$26.15	PP = $25.31
								MB = $26.58
Most Recent Note - 11/6/2024 11:15:49 AM Y - Gapped up today. Volume totals have been cooling while consolidating. Found support near prior highs in the $24-25 area. >>> FEATURED STOCK ARTICLE : Paymentus Featured Breaking Out With Volume Driven Gains - 10/17/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
RMD - NYSE ResMed Medical-Products	$248.69	-3.69 -1.46%	$252.99	898,839 84.64% of 50 DAV 50 DAV is 1,062,000	$260.49 -4.53%	10/25/2024	$256.64	PP = $255.28
								MB = $268.04
Most Recent Note - 11/11/2024 1:23:28 PM Y - Perched within close striking distance of its 52-week high but it has slumped below the recently cited pivot point, consolidating above its 50 DMA line ($243) which defines important near-term support to watch. Damaging losses quickly negated the recent breakout. >>> FEATURED STOCK ARTICLE : ResMed Negated Friday's Breakout Raising Concerns - 10/28/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ATGE - NYSE Adtalem Global Education Consumer Svcs-Education	$90.83	-0.40 -0.44%	$92.85	428,280 115.44% of 50 DAV 50 DAV is 371,000	$92.93 -2.26%	10/30/2024	$83.34	PP = $80.28
								MB = $84.29
Most Recent Note - 11/6/2024 11:08:45 AM G - Gapped up today hitting a new all-time high above its "max buy" level and its color code is changed to green. Fundamentals remain strong. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Holding Ground Following Recent Technical Breakout - 11/4/2024 \| 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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