FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - FRIDAY, AUGUST 1ST, 2014

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Indices				NYSE			Nasdaq
DOW	-69.93	16,493.37	-0.42%	Volume	774,499,720	-15%	Volume	1,896,988,360	-9%
NASDAQ	-17.13	4,352.64	-0.39%	Advancers	1,140	36%	Advancers	991	34%
S&P 500	-5.52	1,925.15	-0.29%	Decliners	1,931	61%	Decliners	1,839	63%
Russell 2000	-5.21	1,114.86	-0.46%	52 Wk Highs	20		52 Wk Highs	21
S&P 600	-1.64	643.29	-0.25%	52 Wk Lows	107		52 Wk Lows	136

Major Averages' Technical Deterioration Raised Concerns This Week
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

With Friday's retreat, the major averages ended the week in firmly in negative territory. The Dow was down -2.8%, the S&P 500 shed -2.7% and the NASDAQ fell -2.2%. The volume totals were lighter than the prior session volume totals on the NYSE and on the Nasdaq exchange. Decliners led advancers by nearly a 2-1 margin on the NYSE and on the Nasdaq exchange. Leadership contracted as there were 6 high-ranked companies from the CANSLIM.net Leaders List that made new 52-week highs and appeared on the CANSLIM.net BreakOuts Page, down from the prior session total of 12 stocks. A healthy level of leadership (stocks hitting new 52-week highs) is necessary for any sustained rally. New 52-week lows outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. There were gains from 7 of the 13 of the high-ranked companies currently included on the Featured Stocks Page. The market (M criteria) deterioration has been enough to earn the label of a "correction" as the technical damage became significant to chart readers. Disciplined investors limit losses and reduce market exposure during rough market periods by selling any stocks which fall more than -7% from their purchase price.

PICTURED: The Dow fell 70 points to 16,493. It violated its 50-day moving average (DMA) line while falling toward its 200 DMA line with volume-driven losses.

The S&P 500 was down 6 points to 1,925 after the damaging loss on heavy volume on the prior session led to a violation of its 50-day moving average line, a clear sign of the market's deteriorating strength. It also violated a multi-month upward trendline. The NASDAQ Composite declined 17 points to 4,352 also violating its 50 DMA line. The major averages extended their pullbacks to a second day while investors weighed the latest jobs report. Non-farm payrolls rose 209,000 in July, less than a projected 233,000 increase. The unemployment rate ticked up to 6.2% as more workers entered the labor market. Additional releases showed manufacturing expanded at a faster pace while consumer sentiment edged lower last month. Some weakness was also attributed to credit concerns surrounding Portugal and Argentina.

The defensive consumer staples and utility sectors were the best performing sectors. Procter & Gamble (PG +3%) and Clorox (CLX +2.7%) rose after both posted earnings above analyst estimates. Edison International (EIX +2.1%) was higher. Financials, telecom and energy were down the most on the session. JP Morgan Chase (JPM -2.1%) and Verizon (VZ -1.2%) declined. Chevron (CVX -1%) fell after lowering its 2014 production target.

Treasuries rose with the 10-year note up 16/32 to yield 2.50%.

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, Energy, and Networking Indexes Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Networking Index ($NWX -1.87%) dragged on the tech sector while the Biotechnology Index ($BTK +0.23%) and the Semiconductor Index ($SOX +0.36%) both posted small gains. The financials were a negative influence on the major averages as the Bank Index ($BKX -1.40%) and the Broker/Dealer Index ($XBD -1.01%) both lost ground. The Retail Index ($RLX -0.53%) ended lower. The Integrated Oil Index ($XOI -0.69%) and Oil Services Index ($OSX -0.33%) edged lower while the Gold & Silver Index ($XAU +0.63%) posted a small gain.

Charts courtesy www.stockcharts.com

PICTURED: The Broker/Dealer Index ($XBD -1.01%) met resistance at prior highs and retreated toward its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	287.04	-0.94	-0.33%	+2.14%
Integrated Oil	$XOI	1,630.64	-11.26	-0.69%	+8.48%
Semiconductor	$SOX	609.76	+2.21	+0.36%	+13.97%
Networking	$NWX	320.60	-6.10	-1.87%	-1.03%
Broker/Dealer	$XBD	160.95	-1.65	-1.01%	+0.24%
Retail	$RLX	878.20	-4.65	-0.53%	-6.55%
Gold & Silver	$XAU	99.49	+0.62	+0.63%	+18.23%
Bank	$BKX	69.16	-0.98	-1.40%	-0.14%
Biotech	$BTK	2,743.50	+6.33	+0.23%	+17.73%

Fundamental and Technical Deterioration Raised Concerns
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
H F F Inc (HF -$3.46 or -10.19% to $30.50) suffered a damaging loss today with heavy volume triggering more worrisome technical sell signals. It reported earnings -6% on +17% sales revenues, well below the +25% minimum earnings guideline (C criteria). Its recent slump below its 50-day moving average (DMA) was noted as it raised concerns. It was last shown in this FSU section on 7/15/14 with annotated graphs under the headline, "Slump Into Prior Base Negated Recent Breakout", when members were reminded - "Disciplined investors limit losses by selling any stock that falls more than -7% from their purchase price." Due to the weak technical action and fundamental deterioration it will be dropped from the Featured Stocks list tonight.

It was highlighted in yellow with pivot point cited based on its 4/02/14 high plus 10 cents in the 6/20/14 mid-day report (click here). The 3 prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Its annual earnings (A criteria) history improved since a drastic downturn and losses in FY '09. The small supply (S criteria) of only 37.7 million shares outstanding can contribute to price volatility in the event of institutional buying or selling. The number of top-rated funds owning its shares rose from 230 in Jun '13 to 301 in Jun '14, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.5 is an unbiased indication its shares have been under accumulation over the past 50 days.

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
ACT - NYSE Actavis plc Medical-Generic Drugs	$216.89	+2.63 1.23%	$217.99	8,987,739 419.20% of 50 DAV 50 DAV is 2,144,000	$230.77 -6.01%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 8/1/2014 5:46:12 PM Y - Found support at its 50 DMA line today while posting a solid volume-driven gain. Perched -6% off its 52-week high. Subsequent volume-driven gains to new highs may trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Disciplined Investors Still Awaiting Technical Breakout - 7/16/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
AFSI - NASDAQ Amtrust Financial Svcs INSURANCE - Property and; Casualty Insurance	$42.57	-0.07 -0.16%	$43.03	612,543 105.43% of 50 DAV 50 DAV is 581,000	$47.10 -9.62%	5/21/2014	$44.85	PP = $44.85
								MB = $47.09
Most Recent Note - 7/29/2014 8:11:13 PM G - Small gains this week helped it rebound above its 50 DMA line helping its technical stance and outlook improve. Faces little resistance due to overhead supply up through the $47 level. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Line Acted as Recent Resistance - 7/23/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
BITA - NYSE Bitauto Hldgs Ltd Ads Internet-Content	$56.83	+2.47 4.54%	$57.25	974,847 108.80% of 50 DAV 50 DAV is 896,000	$58.50 -2.85%	6/26/2014	$46.20	PP = $47.03
								MB = $49.38
Most Recent Note - 8/1/2014 5:44:40 PM G - Posted a gain today snapping a streak of 3 consecutive losses. It remains extended from its prior base after recently wedging higher. Prior highs and its 50 DMA line coincide in the $46 area defining important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Strength Returned After Shake-Out and Positive Reversal - 7/21/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
BWLD - NASDAQ Buffalo Wild Wings Inc LEISURE - Restaurants	$146.26	+0.94 0.65%	$147.48	611,605 124.21% of 50 DAV 50 DAV is 492,400	$167.64 -12.75%	6/19/2014	$158.52	PP = $159.91
								MB = $167.91
Most Recent Note - 7/30/2014 3:51:42 PM G - Gapped down today for a damaging loss on heavy volume, violating its 50 DMA line and triggering a technical sell signal. Color code is changed to green while trading near its 200 DMA line which may act as support. Reported earnings +42% on +20% sales revenues for the Jun '14 quarter. >>> FEATURED STOCK ARTICLE : Slump Into Prior Base Negated Recent Breakout - 7/14/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC 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	$83.88	-2.14 -2.49%	$86.00	273,391 81.37% of 50 DAV 50 DAV is 336,000	$102.51 -18.17%	12/12/2013	$53.17	PP = $56.51
								MB = $59.34
Most Recent Note - 7/30/2014 5:45:07 PM G - Violated its 50 DMA line with today's loss triggering a technical sell signal. Reported earnings +37% on +21% sales revenues for the Jun '14 quarter, an improvement after 2 sub par quarterly earnings comparisons. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Consolidating Near Highs - 7/17/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC 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
FB - NASDAQ Facebook Inc Cl A INTERNET	$72.36	-0.29 -0.40%	$73.22	43,268,328 96.80% of 50 DAV 50 DAV is 44,698,000	$76.74 -5.71%	7/24/2014	$76.00	PP = $72.69
								MB = $76.32
Most Recent Note - 7/30/2014 5:47:33 PM Y - Holding its ground stubbornly near its 52-week high, above its pivot point and below its "max buy" level. Highlighted in yellow in the 7/24/14 mid-day report (read here) as a "breakaway gap" followed strong earnings news for the Jun '14 quarter and it triggered a technical buy signal. >>> FEATURED STOCK ARTICLE : Breakaway Gap May Signal Beginning of Meaningful Rally - 7/24/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
HF - NYSE H F F Inc Cl A REAL ESTATE - Property Management/Developmen	$30.50	-3.46 -10.19%	$33.75	779,420 391.67% of 50 DAV 50 DAV is 199,000	$38.23 -20.22%	6/20/2014	$34.60	PP = $36.16
								MB = $37.97
Most Recent Note - 8/1/2014 5:23:48 PM Reported earnings -6% on +17% revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria). Big volume-driven losses violated the 50 DMA line and recent low ($33.91 on 7/18/14) raising greater concerns and triggering worrisome technical sell signals. It will be dropped from the Featured Stocks list tonight. See the latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Fundamental and Technical Deterioration Raised Concerns - 8/1/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
ICON - NASDAQ Iconix Brand Group Inc CONSUMER NON-DURABLES - Textile - Apparel Footwear	$42.02	-0.21 -0.50%	$42.60	370,083 79.90% of 50 DAV 50 DAV is 463,200	$44.81 -6.23%	6/5/2014	$43.54	PP = $43.44
								MB = $45.61
Most Recent Note - 7/31/2014 6:37:19 PM G - Reported earnings +4% on +3% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns. Recent "negative reversal" as 50 DMA line acted as resistance and Relative Strength rating fell below 80+ minimum guideline. See latest FSU analysis for more details and new annotated graphs. >>> FEATURED STOCK ARTICLE : Fundamental and Technical Deterioration Hurts Outlook - 7/31/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
PANW - NYSE Palo Alto Networks Computer Sftwr-Security	$78.67	-2.19 -2.71%	$80.39	1,407,284 78.75% of 50 DAV 50 DAV is 1,787,000	$85.78 -8.29%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 7/31/2014 3:57:54 PM Y - Pulling back from its 52-week high with a loss today on below average volume. Color code was changed to yellow with new pivot point cited based on its 6/30/14 high plus 10 cents while building on a short flat base. Subsequent volume-driven gains to new high territory may trigger a new (or add-on) technical buy signal. Its 50 DMA line and prior highs define important support where subsequent violations would raise serious concerns and trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Found Support Above 50-Day Average Near Prior Highs - 7/22/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
TARO - NYSE Taro Pharmaceutical Inds DRUGS - Drug Manufacturers - Other	$144.16	+2.90 2.05%	$144.75	61,062 86.00% of 50 DAV 50 DAV is 71,000	$149.89 -3.82%	7/30/2014	$144.24	PP = $149.99
								MB = $157.49
Most Recent Note - 7/30/2014 1:08:02 PM Y - Color code is changed to yellow with new pivot point cited based on its 7/14/14 high while building on an advanced "3-weeks tight" base. Subsequent volume-driven gains to new highs may trigger a new (or add-on) buy signal. Tallying a volume-driven gain today. >>> FEATURED STOCK ARTICLE : Big Gains in First 2-3 Weeks After Breakout an Encouraging Sign - 7/18/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC 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
TRN - NYSE Trinity Industries Inc TRANSPORTATION - Railroads	$43.93	+0.29 0.66%	$44.16	3,221,826 104.47% of 50 DAV 50 DAV is 3,084,000	$47.83 -8.15%	4/30/2014	$37.79	PP = $38.03
								MB = $39.93
Most Recent Note - 7/31/2014 3:54:48 PM G - Gapped down today for a volume-driven loss, retreating from its 52-week high and testing its 50 DMA line ($43.19) which defines important near-term support. A damaging violation would raise concerns and trigger a technical sell signal. Reported earnings +91% on +39% sales for the Jun '14 quarter. >>> FEATURED STOCK ARTICLE : Earnings News Due Following Tuesday's Close - 7/28/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
UA - NYSE Under Armour Inc Cl A CONSUMER NON-DURABLES - Textile - Apparel Clothing	$67.44	+0.69 1.03%	$67.89	2,591,509 93.12% of 50 DAV 50 DAV is 2,783,000	$70.94 -4.93%	7/10/2014	$58.50	PP = $60.79
								MB = $63.83
Most Recent Note - 7/31/2014 3:56:28 PM G - Pulling back today with higher volume, enduring distributional pressure. Recently reported earnings +0% on +34% sales revenues for the Jun '14 quarter, below the +25% minimum earnings guideline (C criteria), yet the company raised its guidance. >>> FEATURED STOCK ARTICLE : Bullish Action Despite Latest Earnings Below +25% Minimum Guideline - 7/30/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M
WLK - NYSE Westlake Chemical Corp CHEMICALS - Specialty Chemicals	$87.74	+0.35 0.40%	$87.94	496,191 87.05% of 50 DAV 50 DAV is 570,000	$91.97 -4.60%	4/29/2014	$72.79	PP = $69.31
								MB = $72.78
Most Recent Note - 7/30/2014 5:42:51 PM G - Pulled back with above average volume today, retreating from its 52-week high after getting extended from any sound base pattern. Its 50 DMA line defines important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Extended From Prior Base After Streak of 8 Consecutive Gains - 7/25/2014 View all notes \| Set NEW NOTE alert \| CANSLIM.net Company Profile \| SEC News \| Chart \| Request a new note C A N S L I M

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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