FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Monday, December 31st, 2018

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AFTER MARKET UPDATE - MONDAY, DECEMBER 31ST, 2018

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Indices				NYSE			Nasdaq
DOW	+265.06	23,327.46	+1.15%	Volume	985,652,900	+10%	Volume	2,109,538,500	-4%
NASDAQ	+50.76	6,635.28	+0.77%	Advancers	2,153	71%	Advancers	2,031	64%
S&P 500	+21.11	2,506.85	+0.85%	Decliners	868	29%	Decliners	1,117	35%
Russell 2000	+10.64	1,348.56	+0.79%	52 Wk Highs	5		52 Wk Highs	9
S&P 600	+4.73	844.94	+0.56%	52 Wk Lows	69		52 Wk Lows	112

Major Indices Posted Gains But Ended Lower for the Year
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Despite today’s gains, all three major averages capped its worst year in a decade with the steepest December decline since the Great Depression. The Dow lost 8.7% in December and 5.6% for the year. The S&P 500 finished the month down 9.2% and notched a 6.2% annual loss. The Nasdaq also finished the month and year lower, falling 9.5% and 3.9%, respectively. For the quarter, the Dow lost 11.8%, the S&P 500 declined 14%, and the Nasdaq tumbled 17.5%. The volume totals were mixed, higher than the prior session total on the NYSE and lighter on the Nasdaq exchange. Advancers led decliners by more than a 2-1 margin on the NYSE and nearly 2-1 on the Nasdaq exchange. Leadership remained elusive, however, as one high-ranked company from the Leaders List made a new 52-week high and was listed on the BreakOuts Page. New 52-week lows totals solidly outnumbered new 52-week highs totals which were still in the single digits on both the NYSE and on the Nasdaq exchange. The major indices (M criteria) are still in a correction despite the big day of gains. Disciplined investors will wait for a convincing follow-through day, ideally between Day 4 and Day 7 of the rally attempt, to signal a change in market direction (M criteria) back to a bullish stance. The Featured Stocks Page provides the most timely analysis on high-ranked leaders.

Charts used courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index posted a small gain on Day 4 of the new rally attempt.

The major averages were buoyed by trade optimism on the final trading session of 2018. The Wall Street Journal reported the Chinese and U.S. are working towards a trade deal. Over the weekend, President Trump tweeted of “big progress” regarding trade.

All 11 S&P 500 sectors ended higher with Health Care, the top performing group of 2018, pacing gains. The Consumer Discretionary sector also outperformed with Amazon (AMZN +1.6%) rose after announcing plans to significantly expand its Whole Foods grocery stores.

Treasuries strengthened with the yield on the 10-year note down three basis points to 2.68%. In commodities, WTI crude finished little changed at $45.41/barrel to end the year down 25%, its first annual decline since 2015. COMEX gold gained 0.1% to $1,284.20/ounce amid a weaker dollar, but fell 1.9% for the year.

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.

Retail, Financial, Tech, and Commodity-Linked Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Retail Index ($RLX +1.27%) outpaced the Broker/Dealer Index ($XBD +0.83%) and the Bank Index ($BKX +0.75%). The tech sector had a positive bias as the Biotech Index ($BTK +2.31%) outpaced the Networking Index ($NWX +1.22%) and the Semiconductor Index ($SOX +0.68%). Commodity-linked groups were also positive as the Oil Services Index ($OSX +0.14%), Integrated Oil Index ($XOI +0.66%) and the Gold & Silver Index ($XAU +1.41%) rose.

Charts courtesy of www.stockcharts.com

PICTURED: The Bank Index ($BKX +0.75%) is rebounding after a slump to lows not seen since November 2016.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	80.60	+0.11	+0.14%	-46.10%
Integrated Oil	$XOI	1,159.10	+7.55	+0.66%	-13.21%
Semiconductor	$SOX	1,155.17	+7.80	+0.68%	-7.81%
Networking	$NWX	488.67	+5.91	+1.22%	-0.38%
Broker/Dealer	$XBD	237.34	+1.94	+0.83%	-10.52%
Retail	$RLX	1,951.41	+24.39	+1.27%	+12.55%
Gold & Silver	$XAU	70.66	+0.98	+1.41%	-17.13%
Bank	$BKX	85.79	+0.64	+0.75%	-19.60%
Biotech	$BTK	4,220.85	+95.32	+2.31%	-0.03%

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
MLR - NYSE Miller Industries Inc AUTOMOTIVE - Auto Parts	$27.00	-0.12 -0.44%	$27.43	30,162 83.78% of 50 DAV 50 DAV is 36,000	$29.40 -8.16%	11/30/2018	$28.35	PP = $29.50
								MB = $30.98
Most Recent Note - 12/28/2018 4:55:45 PM Y - Color code is changed to yellow after it rebounded further above its closely coinciding 50-day and 200-day moving average (DMA) lines with today's 3rd consecutive gain backed by lighter volume. Resistance still remains due to overhead supply up to the $29 level. >>> FEATURED STOCK ARTICLE : Failed to Produce Buy Signal and Deterioration Raised Concern - 12/20/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
UBNT - NASDAQ Ubiquiti Networks TELECOMMUNICATIONS - Diversified Communication Serv	$99.41	+0.47 0.48%	$100.95	366,683 80.41% of 50 DAV 50 DAV is 456,000	$115.44 -13.89%	11/9/2018	$108.20	PP = $101.43
								MB = $106.50
Most Recent Note - 12/28/2018 4:57:53 PM G - Posted a 3rd consecutive gain today on light volume. A rebound above the 50 DMA line ($100.91) is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Still Hovering Above "Max Buy" Level - 12/11/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PLNT - NYSE Planet Fitness Inc Cl A Leisure-Services	$53.62	+1.04 1.98%	$54.02	1,390,494 112.23% of 50 DAV 50 DAV is 1,239,000	$58.50 -8.34%	11/7/2018	$57.10	PP = $55.45
								MB = $58.22
Most Recent Note - 12/28/2018 4:57:18 PM Y - Pulled back today with lighter volume yet remains above its 50 DMA line ($51.80). It faces resistance due to overhead supply up to the $58.50 level. Found support near the recent low ($48.02 on 11/20/18) and above its 200 DMA line ($46.75) which defines the next important support. More damaging losses would raise concerns and trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Fitness Firm Remains Near High Despite Unhealthy Environment - 12/14/2018 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
INVA - NASDAQ Innoviva Inc Medical-Biomed/Biotech	$17.45	+0.36 2.11%	$17.51	1,181,523 102.47% of 50 DAV 50 DAV is 1,153,000	$18.60 -6.18%	11/23/2018	$17.74	PP = $18.09
								MB = $18.99
Most Recent Note - 12/31/2018 12:16:15 PM Y - Rebounding further above its 50 DMA line ($16.49) with today's 4th consecutive gain. Faces near-term resistance due to overhead supply up to the $19.60 level. >>> FEATURED STOCK ARTICLE : Perched Near High With Volume Totals Cooling - 12/13/2018 \| 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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