FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, OCTOBER 13TH, 2014

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Indices				NYSE			Nasdaq
DOW	-223.03	16,321.07	-1.35%	Volume	882,106,440	-5%	Volume	2,266,516,900	-12%
NASDAQ	-62.58	4,213.66	-1.46%	Advancers	968	31%	Advancers	1,191	42%
S&P 500	-31.39	1,874.74	-1.65%	Decliners	2,080	66%	Decliners	1,589	56%
Russell 2000	-4.02	1,049.30	-0.38%	52 Wk Highs	10		52 Wk Highs	24
S&P 600	-1.51	609.39	-0.25%	52 Wk Lows	407		52 Wk Lows	341

Major Averages Sink Again as Correction Continues
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow fell 223 points to 16,321. The S&P 500 dropped 31 points to 1,874. The NASDAQ declined 63 points to close at 4,213. The major averages finished near Monday's session lows, which doesn't bode well going into Tuesday. The volume totals were reported lighter than the prior session totals on the NYSE and on the Nasdaq exchange, a sign that the institutional crowd was not selling as aggressively. Breadth was negative as decliners led advancers by a 2-1 margin on the NYSE and a 3-2 margin on the Nasdaq exchange. Leadership contracted as there were 5 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 9 stocks. The new 52-week lows list solidly outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. There were losses for 4 of the 5 high-ranked companies currently included on the Featured Stocks Page, a list that has waned as market conditions eroded. Distributional action raised concerns while leadership (stocks hitting new 52-week highs) waned and a deteriorating market (M criteria) environment was repeatedly noted in this commentary. New buying efforts are discouraged during market corrections while the fact-based investment system prompts disciplined investors to lean toward reducing market exposure.

PICTURED: The Nasdaq Composite Index is falling below its 200-day moving average (DMA) line with above average volume behind losses on 4 of the past 5 sessions.

The major averages finished firmly in negative territory amid continued concerns over global growth. Corporate profits were also cited as a factor for the pullback with 53 members of the S&P 500 scheduled to post third-quarter results this week. Shares of J.P. Morgan Chase & Co (JPM -0.6%) and Johnson & Johnson (JNJ -2.1%) fell ahead of their scheduled earnings releases before tomorrow’s open. Stocks briefly pared losses after Chicago Regional President Charles Evans said the central bank needs to be patient in tightening interest rates.

All 10 sectors in the S&P 500 closed lower on the session. Energy and materials were the worst performing groups. Dow Chemical (DOW -5.6%), Halliburton (HAL -7.4%) and Chevron (CVX -1.6%) fell as crude oil extended its decline. Shares of CSX Corp (CSX +5.9%) was a notable gainer, advancing following reports the railroad operator recently rejected a proposed takeover offer from rival Canadian Pacific (CP -2.3%).

Treasuries were unchanged with the U.S. bond market was closed for the Columbus Day holiday. In commodity trading, WTI crude oil fell -0.9% to $85.07 a barrel on the NYMEX. COMEX gold rose +0.7% to 1,229.90 an ounce.

The CANSLIM.net Featured Stocks Page shows the most action-worthy candidates and their latest notes and a Headline Link directs members to the latest detailed analysis with data-packed graphs annotated by a Certified expert along with links to additional resources. The Premium Member Homepage includes "dynamic archives" to all prior pay reports published.

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.

Energy, Tech, Retail, and Financial Groups Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Retail Index ($RLX -1.89%) was a negative influence on the major averages as the financial group also added pressure as the Broker/Dealer Index ($XBD -1.02%) and the Bank Index ($BKX -0.75%) both fell. Energy-related shares were standout decliners on Monday as the Oil Services Index ($OSX -3.07%) and the Integrated Oil Index ($XOI -2.44%) slumped. The tech sector saw unanimous losses from the Biotechnology Index ($BTK -2.15%), Semiconductor Index ($SOX -2.13%), and the Networking Index ($NWX -0.46%). Meanwhile, the Gold & Silver Index ($XAU +1.59%) was a standout gainer.

Charts courtesy www.stockcharts.com

PICTURED: The Retail Index ($RLX -1.89%) violated its 200-day moving average (DMA) line with Monday's damaging loss.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	233.68	-7.41	-3.07%	-16.85%
Integrated Oil	$XOI	1,402.93	-35.10	-2.44%	-6.67%
Semiconductor	$SOX	549.47	-11.93	-2.13%	+2.70%
Networking	$NWX	285.35	-1.32	-0.46%	-11.91%
Broker/Dealer	$XBD	158.44	-1.64	-1.02%	-1.32%
Retail	$RLX	895.02	-17.20	-1.89%	-4.76%
Gold & Silver	$XAU	78.49	+1.23	+1.59%	-6.73%
Bank	$BKX	68.42	-0.52	-0.75%	-1.21%
Biotech	$BTK	2,947.39	-64.66	-2.15%	+26.47%

Submit Your Request for a Featured Stock Update
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
There are few stocks currently included on the Featured Stocks list and none of the companies need additional review in detail with annotated graphs. At times like these we have an opportunity to look back and review previously featured stocks which were dropped. This can serve as an educational review of the investment system's tactics and a reminder that even high-ranked leaders eventually fall out of favor. If you wish to request for a specific stock to receive more detailed coverage in this section please use the inquiry form to submit your request. Thank you!

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	$222.80	-13.82 -5.84%	$238.32	4,663,930 194.01% of 50 DAV 50 DAV is 2,404,000	$249.94 -10.86%	6/20/2014	$216.53	PP = $230.87
								MB = $242.41
Most Recent Note - 10/13/2014 5:42:55 PM G - Violated its 50 DMA line and prior highs near $230 triggering technical sell signals with a damaging loss today on higher volume. Only a prompt rebound above its 50 DMA line would help its outlook improve. >>> FEATURED STOCK ARTICLE : Held Ground Above Prior Highs Defining Near-Term Support - 10/8/2014 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
FB - NASDAQ Facebook Inc Cl A INTERNET	$72.99	+0.08 0.11%	$74.78	43,849,795 137.42% of 50 DAV 50 DAV is 31,909,000	$79.71 -8.43%	9/9/2014	$76.67	PP = $76.84
								MB = $80.68
Most Recent Note - 10/13/2014 5:45:49 PM G - Failed to rebound today after the prior session's volume-driven loss violated its 50 DMA line and undercut prior lows ($73.07 on 9/16/14) triggering a technical sell signal. >>> FEATURED STOCK ARTICLE : Fell Toward 50-day Moving Average; Recent Gains Lacked Great Volume - 9/25/2014 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
NXPI - NASDAQ Nxp Semiconductors N V ELECTRONICS - Semiconductor - Broad Line	$53.90	-2.44 -4.33%	$57.29	7,028,673 195.13% of 50 DAV 50 DAV is 3,602,000	$73.82 -26.98%	8/29/2014	$68.50	PP = $67.89
								MB = $71.28
Most Recent Note - 10/13/2014 5:49:15 PM Down again today with above average volume and it finished near the session low. Damaging losses violated its 200 DMA line last week raising serious concerns and triggering worrisome technical sell signals. It will be dropped from the Featured Stocks list tonight. >>> FEATURED STOCK ARTICLE : Halted Slide After Negating Breakout and Undercutting 50-Day Average - 10/6/2014 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	$89.41	-4.95 -5.25%	$95.08	3,833,159 196.57% of 50 DAV 50 DAV is 1,950,000	$106.79 -16.27%	7/30/2014	$84.21	PP = $85.88
								MB = $90.17
Most Recent Note - 10/13/2014 5:51:53 PM G - Today's 2nd consecutive volume-driven loss violated the recent low ($93.00 on 10/01/14) and sank below its 50 DMA line triggering technical sell signals. Only a prompt rebound above the 50 DMA line would help its outlook improve. >>> FEATURED STOCK ARTICLE : Holding Ground Near Highs After Big Volume-Driven Gains - 9/24/2014 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
STRT - NASDAQ Strattec Security Corp AUTOMOTIVE - Auto Parts	$76.93	-0.87 -1.12%	$79.32	28,623 119.26% of 50 DAV 50 DAV is 24,000	$89.87 -14.40%	9/19/2014	$86.06	PP = $89.97
								MB = $94.47
Most Recent Note - 10/13/2014 5:54:43 PM G - Finished in the upper half of its intra-day range today but slumped below its 50 DMA line raising concerns and its color code is changed to green. Poor market conditions (M criteria) have raised overriding concerns arguing against any new buying efforts until strength returns. Faces near term resistance due to overhead supply up through the $89 level. >>> FEATURED STOCK ARTICLE : Consolidating Above Prior Highs and 50-Day Moving Average Line - 9/26/2014 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

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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