FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - FRIDAY, MAY 17TH, 2013

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Indices				NYSE			Nasdaq
DOW	+121.18	15,354.40	+0.80%	Volume	848,225,090	+24%	Volume	1,775,052,970	-5%
NASDAQ	+33.73	3,498.97	+0.97%	Advancers	2,168	70%	Advancers	1,711	66%
S&P 500	+17.00	1,667.47	+1.03%	Decliners	797	26%	Decliners	755	29%
Russell 2000	+10.94	996.28	+1.11%	52 Wk Highs	437		52 Wk Highs	253
S&P 600	+6.98	560.60	+1.26%	52 Wk Lows	29		52 Wk Lows	16

Major Averages Posted 4th Consecutive Weekly Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Friday's gains helped the major averages post their fourth consecutive week of gains. The Dow Jones Industrial Average finished with a weekly advance of over +1.5%, the S&P 500 Index nearly gained +2% and the Nasdaq Composite Index rose +1.8%. The volume totals were reported mixed, lighter than the prior session total on the Nasdaq exchange while higher on the NYSE. Breadth was positive as advancers led decliners by a 3-1 margin on the NYSE and by a 2-1 margin on the Nasdaq exchange. There were 109 high-ranked companies from the CANSLIM.net Leaders List making new 52-week highs and appearing on the CANSLIM.net BreakOuts Page, up from the prior session total of 104 stocks. The new 52-week highs totals expanded while new highs easily outnumbered new 52-week lows on both the NYSE and the Nasdaq exchange. There were gains for 14 of the 15 high-ranked companies currently included on the Featured Stocks Page.

The Dow set at a new record high for the 21st time this year as it gained 121 points to 15,354. The S&P 500 Index also closed at a fresh all-time high as it advanced 15 points to 1,666. The Nasdaq Composite Index was higher by 33 points to 3,498, its best level since October 2000.

Following Thursday's round of profit taking, investors returned to the risk-trade amid signs of an improving economy. The leading indicators index rebounded in April to the best reading since last February and a gauge of consumer sentiment unexpectedly surged to the highest level since July 2007.

Every sector gained ground. Energy and Financials led the market higher as Halliburton Co (HAL +3.19%) and JP Morgan Chase & Co (JPM +2.61%) posted solid gains. The Industrials group was also a notable performer as Boeing Co (BA +2.42%) rose. Now focus turns to next week's FOMC statement as members of the Fed continue to debate over the pace of its bond-buying program.

In fixed-income, Treasuries were down for the third time this week. The 10-year note lost 20/32 to yield 1.95% and the 30-year bond fell over a full point to yield 3.17%.

The market (M criteria) saw an expansion in leadership (stocks hitting new 52-week highs) that reassured investors a confirmed uptrend is at hand. Watch for new stocks featured in the CANSLIM.net Mid-Day BreakOuts Report. Action-worthy leaders are covered on an ongoing basis with the latest notes and additional resource links included on the Featured Stocks Page. Watch for an announcement via email concerning the next WEBCAST. The webcast will also be available via an updated link highlighted at the top of the Premium Member Homepage.

PICTURED: The Dow Jones Industrial Average set at a new record high for the 21st time this year as it gained 121 points to 15,354. The Blue Chip index is up +17.16% year-to-date. The indices' rally to new highs confirmed the market's uptrend which means odds are favorable for new buying efforts in stocks meeting all of the fact-based investment system's key criteria.

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, Tech and Energy-Related Groups Led Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Regular readers should recognize that the performance of the financial group has been a very reliable leading indicator for the broader market. Financial shares continued underpinning the major averages' rally as the Bank Index ($BKX +1.61%) and Broker/Dealer Index ($XBD +1.79%) both posted influential gains on Friday. Graphs of both of those influential financial indexes are included below.

Friday's session was widely positive as most industry groups rose. The Retail Index ($RLX +0.98%) resumed its winning ways after a one-day pause, and in the tech sector there were unanimous gains from the Biotechnology Index ($BTK +0.54%), Internet Index ($IIX +1.02%), Networking Index ($NWX +1.11%), and the Semiconductor Index ($SOX +1.37%).

Energy-related shares also had a positive bias as the Integrated Oil Index ($XOI +1.55%) and the Oil Services Index ($OSX +1.87%) tallied gains. The Healthcare Index ($HMO +0.41%) lagged as it posted a smaller gain. Meanwhile, the Gold & Silver Index ($XAU -3.27%) was a standout decliner as its large loss caused it to slump below its April lows to new multi-year lows.

Charts courtesy www.stockcharts.com

PICTURED: The Bank Index ($BKX +1.61%) tallied gains in 10 of the past 12 session while rallying for new highs.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD +1.79%) tallied gains in 10 of the past 12 session while rallying for new highs.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	264.21	+4.85	+1.87%	+20.01%
Healthcare	$HMO	3,117.12	+12.84	+0.41%	+23.98%
Integrated Oil	$XOI	1,407.04	+21.41	+1.55%	+13.30%
Semiconductor	$SOX	470.63	+6.35	+1.37%	+22.54%
Networking	$NWX	247.04	+2.70	+1.11%	+9.05%
Internet	$IIX	388.43	+3.94	+1.02%	+18.79%
Broker/Dealer	$XBD	125.16	+2.20	+1.79%	+32.69%
Retail	$RLX	793.50	+7.67	+0.98%	+21.50%
Gold & Silver	$XAU	97.49	-3.30	-3.27%	-41.13%
Bank	$BKX	61.13	+0.97	+1.61%	+19.21%
Biotech	$BTK	2,006.60	+10.85	+0.54%	+29.71%

Bullish Action Continues Following Sub Par Earnings for Mar '13 Period
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Valeant Pharmaceuticals (VRX +$2.42 or +3.19% to $78.17) finished at a new high with a solid gain today on average volume following recent losses on light volume noted as a sign that very few investors have been headed for the exit. Prior reports recently cautioned - "Sub par earnings for the Mar '13 quarter below the +25% minimum guideline (C criteria) raised fundamental concerns." Investors are taught in the Certification to only buy stocks with a combination of both strong fundamentals and strong technical action, however stocks should be sold based on their technical action only. In this example, bullish action has continued to reward patient investors still giving it the benefit of the doubt until any technical sell signals start adding up. Its recent low ($69.87 on 4/04/13) defines important near-term support below its 50 DMA line (now $73.46) where violations may trigger technical sell signals.

The high-ranked Medical - Ethical Drugs firm was last shown in this FSU section on 4/30/13 with an annotated graph under the headline, "Earnings News Due Soon; New Base Has Formed ". It did not produce a powerful volume-driven gain above its latest pivot point cited based on its 4/02/13 high plus 10 cents, however some recent gains were backed by above average volume while its recent losses were mostly on lighter than average volume. On 4/03/13 it pulled back on heavy volume after agreeing to an increased offer price of $24.00 cash for it to acquire Obagi Medical Products, yet it stayed above its 50 DMA line.

The number of top-rated funds owning its shares rose from 818 in Mar '12 in to 960 in Mar '13, a reassuring trend concerning the I criteria. Quarterly earnings increases (C criteria) had been strong and well above the +25% guideline until the Mar '13 period, which only showed a +14% earnings increase (see red circle) over the year-ago period. A downturn in FY '07 and '08 earnings (A criteria) has been followed by a strong earnings rebound in recent years. Return On Equity is currently reported at 37%, well above the 17% minimum guideline of the fact-based system.

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
AL - NYSE Air Lease Corp Cl A DIVERSIFIED SERVICES - Rental and Leasing Services	$29.88	+0.36 1.22%	$30.04	209,493 44.33% of 50 DAV 50 DAV is 472,600	$31.00 -3.61%	5/9/2013	$30.95	PP = $29.38
								MB = $30.85
Most Recent Note - 5/15/2013 1:51:39 PM Y - Rallying from support at its 50 DMA line and back above its pivot point with today's considerable gain backed by above average volume. Recently reported earnings +38% on +45% sales revenues for the Mar '13 quarter after highlighted in yellow in the 5/09/13 mid-day report (read here) with a pivot point cited based on its 4/09/13 high while rallying from a "double bottom" base. >>> The latest Featured Stock Update with an annotated graph appeared on 5/9/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
AMBA - NASDAQ Ambarella Inc ELECTRONICS - Semiconductor - Specialized	$15.24	+0.05 0.33%	$15.50	533,672 87.10% of 50 DAV 50 DAV is 612,700	$16.00 -4.75%	5/6/2013	$15.31	PP = $16.10
								MB = $16.91
Most Recent Note - 5/15/2013 1:54:07 PM Y - Rebounding today with a solid gain erasing the prior session's damaging loss on above average volume. Previous notes cautioned - "Volume-driven gains above the new pivot point are needed to trigger a new technical buy signal. Still basing, with near-term resistance due to overhead supply up through the $16 level. Found encouraging support at its 50 DMA line and flashed above average volume behind recent gains while building on a new base." >>> The latest Featured Stock Update with an annotated graph appeared on 5/6/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
CELG - NASDAQ Celgene Corp DRUGS - Drug Manufacturers - Major	$124.91	+1.43 1.16%	$125.05	4,122,228 132.66% of 50 DAV 50 DAV is 3,107,300	$131.82 -5.24%	3/27/2013	$113.24	PP = $115.54
								MB = $121.32
Most Recent Note - 5/17/2013 12:04:08 PM G - Pulling back for a 3rd consecutive session, retreating from all-time highs. It is extended from any sound base pattern, yet may go on to produce more climactic gains. Found support at its 50 DMA line during its recent consolidation and that short-term average defines important near-term support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 5/13/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
CMCSA - NASDAQ Comcast Corp Cl A MEDIA - CATV Systems	$42.64	-0.23 -0.54%	$43.19	14,666,452 124.16% of 50 DAV 50 DAV is 11,812,100	$43.74 -2.51%	12/3/2012	$37.08	PP = $38.06
								MB = $39.96
Most Recent Note - 5/17/2013 12:05:34 PM G - Despite fundamental concerns repeatedly noted it remains perched near its 52-week high with volume totals cooling in recent weeks indicating that few investors are heading for the exit. Reported earnings +13% on +3% sales revenues for the Mar '13 quarter, the 2nd consecutive quarterly comparison with earnings well below the +25% minimum guideline (C criteria). >>> The latest Featured Stock Update with an annotated graph appeared on 4/16/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
EQM - NYSE E Q T Midstream Partners ENERGY - Oil and Gas Pipelines	$48.69	+0.48 1.00%	$48.74	39,425 47.90% of 50 DAV 50 DAV is 82,300	$49.10 -0.83%	4/25/2013	$40.16	PP = $40.84
								MB = $42.88
Most Recent Note - 5/16/2013 12:03:48 PM G - Still stubbornly holding its ground near its all-time high, extended from its latest base. Prior highs coincide with its 50 DMA line defining important near-term chart support to watch in the $41 area. >>> The latest Featured Stock Update with an annotated graph appeared on 5/16/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| 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
FLT - NYSE Fleetcor Technologies DIVERSIFIED SERVICES - Business/Management Services	$82.05	+0.83 1.02%	$82.75	813,575 88.12% of 50 DAV 50 DAV is 923,300	$85.56 -4.10%	3/21/2013	$71.14	PP = $73.00
								MB = $76.65
Most Recent Note - 5/16/2013 12:09:14 PM G - Enduring mild distributional pressure near its all-time high, extended from any sound base pattern. Its 50 DMA line and recent low ($70.09) define near-term support where violations would raise more serious concerns and trigger worrisome technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 5/8/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
LNKD - NYSE Linkedin Corp Class A INTERNET - Internet Information Providers	$182.35	+0.99 0.55%	$184.50	1,706,197 72.83% of 50 DAV 50 DAV is 2,342,800	$202.91 -10.13%	4/12/2013	$182.69	PP = $184.25
								MB = $193.46
Most Recent Note - 5/15/2013 12:27:18 PM Y - Rebounded above its 50 DMA line helping its technical stance improve, and on track for a 3rd consecutive gain with ever-increasing volume. Recent lows in the $171 area define important near-term support above the 4/03/13 low ($165), levels where subsequent violations may raise greater concerns and trigger more worrisome technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 4/29/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
LOPE - NASDAQ Grand Canyon Education DIVERSIFIED SERVICES - Education and; Training Services	$32.25	+0.78 2.47%	$32.60	530,834 143.35% of 50 DAV 50 DAV is 370,300	$31.95 0.94%	5/10/2013	$29.03	PP = $27.28
								MB = $28.64
Most Recent Note - 5/17/2013 4:50:31 PM G - Added to its spurt of volume-driven gains with today's 4th consecutive gain, getting very extended from prior highs. Stubbornly held its ground since featured in the 5/10/13 mid-day report and in greater detail in the Featured Stock Update (FSU) section following a recent "breakaway gap". Prior highs in the $27 area define initial support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 5/10/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
MRLN - NASDAQ Marlin Business Services DIVERSIFIED SERVICES - Rental and Leasing Services	$23.90	+0.58 2.49%	$23.95	23,699 94.80% of 50 DAV 50 DAV is 25,000	$25.97 -7.97%	3/15/2013	$22.29	PP = $23.18
								MB = $24.34
Most Recent Note - 5/16/2013 6:07:43 PM Y - Down again today with lighter but still above average volume, slumping near prior highs in the $23 area and its 50 DMA line defining important chart support to watch. Subsequent violations may raise concerns and trigger technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 5/2/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
N - NYSE Netsuite Inc DIVERSIFIED SERVICES - Business/Management Services	$95.05	+0.61 0.65%	$95.52	352,268 101.64% of 50 DAV 50 DAV is 346,600	$95.76 -0.74%	12/12/2012	$64.75	PP = $67.12
								MB = $70.48
Most Recent Note - 5/15/2013 6:16:26 PM G - Perched at its all-time high, extended from any sound base while on track for its 6th straight weekly gain. Fundamentally, concerns were raised by 2 consecutive quarterly comparisons with earnings below the minimum guideline (C criteria). See the latest FSU analysis for more details and a new annotated weekly graph. >>> The latest Featured Stock Update with an annotated graph appeared on 5/15/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| 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
NSM - NYSE Nationstar Mtg Hldgs Inc FINANCIAL SERVICES - Credit Services	$45.32	+0.83 1.87%	$45.85	1,297,159 104.79% of 50 DAV 50 DAV is 1,237,900	$46.91 -3.39%	5/7/2013	$39.71	PP = $42.34
								MB = $44.46
Most Recent Note - 5/14/2013 2:19:00 PM G - Color code is changed to green after rallying beyond its "max buy" level for another new all-time high with today's 7th consecutive volume-driven gain. Technically, the gain above its new pivot point on 5/09/13 triggered a technical buy signal. Highlighted in the 5/07/13 mid-day report with an annotated daily graph (read here) and covered in more detail in the latest FSU analysis with an annotated weekly graph. >>> The latest Featured Stock Update with an annotated graph appeared on 5/7/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
PRAA - NASDAQ Portfolio Recovery Assoc DIVERSIFIED SERVICES - Business/Management Services	$150.06	+0.79 0.53%	$151.50	96,997 138.57% of 50 DAV 50 DAV is 70,000	$151.51 -0.96%	5/1/2013	$130.77	PP = $127.88
								MB = $134.27
Most Recent Note - 5/17/2013 12:20:50 PM G - Small loss on the prior session ended an impressive streak of 13 consecutive gains into new high territory. It is very extended from prior highs in the $127 area coinciding with its 50 DMA line defining important chart support. >>> The latest Featured Stock Update with an annotated graph appeared on 5/1/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
PRLB - NYSE Proto Labs Inc MANUFACTURING - Small Tools and Accessories	$55.12	+0.77 1.42%	$56.34	450,669 82.80% of 50 DAV 50 DAV is 544,300	$59.84 -7.89%	5/3/2013	$54.77	PP = $54.01
								MB = $56.71
Most Recent Note - 5/15/2013 12:49:48 PM Y - Gapped down today, retreating below its "max buy" level and its color code is changed to yellow. Prior highs in the $54-55 area define support to watch above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 5/3/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
RRTS - NYSE Roadrunner Trans Systems TRANSPORTATION - Air Delivery and Freight Service	$27.34	+0.45 1.67%	$27.49	142,220 71.58% of 50 DAV 50 DAV is 198,700	$27.29 0.19%	4/3/2013	$22.77	PP = $23.75
								MB = $24.94
Most Recent Note - 5/14/2013 4:33:16 PM G - Finished strong today with a gain on average volume for another new all-time high, getting more extended from its latest base. Prior highs in the $23 area define initial support to watch above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 5/14/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| News \| Chart \| Request a new note C A N S L I M
VRX - NYSE Valeant Pharmaceuticals DRUGS - Drug Manufacturers - Other	$78.17	+2.42 3.19%	$78.37	1,428,714 99.44% of 50 DAV 50 DAV is 1,436,700	$77.44 0.94%	4/30/2013	$60.24	PP = $76.66
								MB = $80.49
Most Recent Note - 5/17/2013 4:47:07 PM Y- Finished at a new high with a solid gain today on average volume following recent losses on light volume noted as a sign that very few investors have been headed for the exit. The 50 DMA line and recent low ($69.87 on 4/04/13) define important support where subsequent violations may trigger technical sell signals. Prior reports cautioned - "Sub par earnings for the Mar '13 quarter below the +25%* minimum guideline (C criteria) raised fundamental concerns."* >>> The latest Featured Stock Update with an annotated graph appeared on 5/17/2013. Click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile \| SEC \| Zacks Reports \| StockTalk \| 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

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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