FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Friday, September 27th, 2024

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AFTER MARKET UPDATE - FRIDAY, SEPTEMBER 27TH, 2024

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Indices				NYSE			Nasdaq
DOW	+137.89	42,313.00	+0.33%	Volume	950,966,183	-11%	Volume	5,514,874,800	-4%
NASDAQ	-70.70	18,119.59	-0.39%	Advancers	1,729	64%	Advancers	2,545	61%
S&P 500	-7.20	5,738.17	-0.13%	Decliners	969	36%	Decliners	1,653	39%
Russell 2000	+14.83	2,224.70	+0.67%	52 Wk Highs	223		52 Wk Highs	214
S&P 600	+10.59	1,418.14	+0.75%	52 Wk Lows	4		52 Wk Lows	73

Breadth Positive as Major Indices Ended Mixed
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

There were losses on Friday for the Nasdaq Composite (-0.4%) and S&P 500 (-0.1%) while there were gains for the Dow Jones Industrial Average (+0.3%) and the Russell 2000 (+0.7%). The volume reported was lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was positive as advancers led decliners by almost a 2-1 margin on the NYSE and by almost a 5-3 margin on the Nasdaq exchange. There were 54 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, matching the prior session total. New 52-week highs totals contracted yet still 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 S&P 500 Index is perched near its fresh all-time high.

The information technology sector (-1.0%) was the weakest sector while the materials (-0.2%), consumer discretionary (-0.1%), health care (-0.04%), and consumer staples (-0.01%) sectors suffered only small losses. The best winners were the energy (+2.1%) and utilities (+1.0%) sectors.

Treasury yields moved lower in response to the latest PCE data and geopolitical angst. The 2-yr note yield fell six basis points to 3.56% and the 10-yr note yield declined four basis points to 3.75%.

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.

Gold & Silver, Semiconductor, and Retail Indexes Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX -0.97%) suffered a loss while the Broker/Dealer Index ($XBD +0.38%) and the Bank Index ($BKX +0.12%) both posted small gains on Friday. The tech sector was mixed as the Semiconductor Index ($SOX -1.76%) created a drag while the Biotech Index ($BTK +0.28%) and the Networking Index ($NWX +0.14%) both eked out small gains. Commodity-linked groups were mixed as the Gold & Silver Index ($XAU -3.06%) suffered a big loss while the Oil Services Index ($OSX +2.63%) and the Integrated Oil Index ($XOI +1.44%) both posted gains.

Chart courtesy of www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU -3.06%) pulled back from a new 2024 high hit on Thursday's session. The 5-year graph below shows it recently challenging its 2022 all-time high.

Chart courtesy of www.stockcharts.com

Industry Index	Symbol	Close	Change	% Change	YTD % Change

Featured Stocks
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

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	$95.52	+0.86 0.91%	$95.98	33,698 50.30% of 50 DAV 50 DAV is 67,000	$96.85 -1.37%	9/17/2024	$71.26	PP = $87.23
								MB = $91.59
Most Recent Note - 9/26/2024 5:59:21 PM G - Touched a new all-time high with today's small gain backed by average volume. Prior high in the $87 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : US Lime & Minerals Lingers Below 50-Day Average - 9/6/2024 \| 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	$79.11	+0.09 0.11%	$79.94	398,848 62.32% of 50 DAV 50 DAV is 640,000	$81.38 -2.79%	6/11/2024	$59.76	PP = $64.33
								MB = $67.55
Most Recent Note - 9/26/2024 5:49:30 PM G - Volume was light today as it ended slightly lower, hovering near its all-time high. Its 50 DMA line ($71.59) and prior low in the $70 area define important near-term support levels to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Granite Contruction Closes at All-Time High - 8/30/2024 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MMYT - NASDAQ MakeMyTrip Leisure-Travel Booking	$94.96	+0.45 0.48%	$98.21	1,302,256 203.16% of 50 DAV 50 DAV is 641,000	$110.49 -14.06%	7/23/2024	$96.92	PP = $93.39
								MB = $98.06
Most Recent Note - 9/27/2024 2:08:09 PM G - Finding prompt support near its 50 DMA line ($96.11) with today's volume-driven gain helping its outlook improve after a damaging loss. Faces near term resistance due to overhead supply up to the $110 area. >>> FEATURED STOCK ARTICLE : New High After Finding Prompt Support Near 50-Day Moving Average - 9/12/2024 \| 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	$174.90	-3.43 -1.92%	$179.00	490,225 65.02% of 50 DAV 50 DAV is 754,000	$180.69 -3.20%	7/26/2024	$173.08	PP = $175.82
								MB = $184.61
Most Recent Note - 9/26/2024 5:57:54 PM Y - Hit a new high with lighter volume behind today's 4th consecutive gain. Recently noted rebound above the 50 DMA line ($168) helped its outlook to improve. Faces no resistance due to overhead supply. >>> FEATURED STOCK ARTICLE : Wedging to New Highs With Quiet Volume Behind Gains - 9/26/2024 \| 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	$99.21	-0.09 -0.09%	$99.71	1,543,588 55.19% of 50 DAV 50 DAV is 2,797,000	$100.62 -1.40%	7/30/2024	$93.95	PP = $85.52
								MB = $89.80
Most Recent Note - 9/26/2024 5:50:49 PM G - Volume was light today as it quietly touched a new high but ended slightly lower. Its 50 DMA ($92.55) line defines important near-term support above the recent low. >>> FEATURED STOCK ARTICLE : Holding Ground Near All-Time High After Pullback Testing Support - 8/29/2024 \| 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
MELI - NASDAQ MercadoLibre Retail-Internet	$2,064.71	-35.50 -1.69%	$2,100.21	321,277 103.64% of 50 DAV 50 DAV is 310,000	$2,161.73 -4.49%	8/5/2024	$1,793.73	PP = $1,792.15
								MB = $1,881.76
Most Recent Note - 9/26/2024 5:52:30 PM G - Volume was average today as it touched a new all-time high but ended slightly lower. Its prior low ($1,966) and 50 DMA line ($1,924) define near-term support levels to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Pulled Back From New All-Time High - 9/3/2024 \| 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	$27.93	+0.35 1.27%	$28.47	68,292 80.34% of 50 DAV 50 DAV is 85,000	$30.32 -7.88%	9/5/2024	$27.91	PP = $27.60
								MB = $28.98
Most Recent Note - 9/26/2024 5:56:24 PM Y - Ended lower today with below average volume, retreating to just below its recently cited pivot point. previously noted - "Prior high in the $27 area defines initial support to watch on pullbacks. Fundamentals remain strong." >>> FEATURED STOCK ARTICLE : Following Pullback a Secondary Buy Point Exists - 9/5/2024 \| 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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