FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - FRIDAY, JANUARY 7TH, 2022

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Indices				NYSE			Nasdaq
DOW	-4.81	36,231.66	-0.01%	Volume	902,988,175	-1%	Volume	4,186,781,600	-11%
NASDAQ	-144.96	14,935.90	-0.96%	Advancers	1,637	51%	Advancers	1,936	43%
S&P 500	-19.02	4,677.03	-0.41%	Decliners	1,563	49%	Decliners	2,569	57%
Russell 2000	-26.56	2,179.81	-1.20%	52 Wk Highs	101		52 Wk Highs	103
S&P 600	-15.58	1,384.44	-1.11%	52 Wk Lows	105		52 Wk Lows	338

Major Indices Sputtered Through First Week of New Year
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The S&P 500 dipped 0.4%, bringing its weekly decline to 1.9%, its worst start to a year since 2016. The tech-heavy Nasdaq Composite fell 1%, capping its worst five-day stretch since February 2021 (-4.5%). The Dow slipped 4 points, ending the week just 0.3% lower as more cyclical and value-oriented shares outperformed on a relative basis. Friday's volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange. There was a slightly positive bias on the NYSE but decliners led advancers by a 5-4 margin on the Nasdaq exchange. There were 60 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 49 on the prior session. New 52-week lows totals outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. The market averages (M criteria) have an uptrend that is currently under pressure. New buying efforts are to be carefully made under the fact-based investment system's strict criteria.

Chart courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index has pulled back to its 50-day moving average (DMA) line after recently hitting a new all-time high.

U.S. stocks finished lower on Friday as investors assessed the implication of the latest jobs report on monetary policy and continued to monitor a back-up in Treasury yields. On the data front, the Labor Department showed 199,000 non-farm payrolls were added to the U.S. economy in December, missing estimates of a 450,000 increase and compares to the prior month’s upwardly revised 249,000 addition. Meanwhile, the unemployment rate fell to 3.9% from November’s 4.2% reading. Wage inflation remained elevated, climbing a larger-than-expected 0.6% in December and 4.7% year-over year. Separately, consumer credit surged to a record $40 billion in November, nearly doubling consensus estimates.

Treasuries extended the week’s rout, with the yield on the 10-year note up three basis points (0.03%) to 1.76%. The benchmark yield is perched at its highest level since January 2020, having spiked 25 basis points (0.25%) since last Friday’s (December 31) close. Shorter-dated rates also reclaimed pre-pandemic peaks as the two-year note yield experienced its sharpest weekly jump since October 2019.

Seven of 11 S&P 500 sectors closed in negative territory. Energy shares outperformed as WTI crude notched its third consecutive weekly gain. In corporate news, T-Mobile US Inc. (TMUS -5.04%) fell on disappointing net subscriber growth. Separately, Discovery Inc. (DISCA +16.87%) rallied on positive analyst commentary.

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 and Commodity-Linked Groups Rose; Tech and Retail Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Broker/Dealer Index ($XBD +0.92%) and Bank Index ($BKX +1.60%) posted gains while the Retail Index ($RLX -1.22%) lost ground. The tech sector had a negative bias as the Semiconductor Index ($SOX -2.88%), Networking Index ($NWX -1.51%), and Biotech Index ($BTK -1.35%) suffered unanimous losses. Meanwhile, commodity-linked groups had a positive bias as the Oil Services Index ($OSX +1.31%) and Integrated Oil Index ($XOI +1.47%) both outpaced the Gold & Silver Index ($XAU +0.86%).

Chart courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX -1.22%) has recently been sputtering below its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	60.32	+0.78	+1.31%	+14.42%
Integrated Oil	$XOI	1,301.17	+18.86	+1.47%	+10.44%
Semiconductor	$SOX	3,796.32	-112.71	-2.88%	-3.80%
Networking	$NWX	930.68	-14.28	-1.51%	-4.16%
Broker/Dealer	$XBD	499.60	+4.57	+0.92%	+2.62%
Retail	$RLX	4,095.01	-50.70	-1.22%	-3.11%
Gold & Silver	$XAU	124.44	+1.06	+0.86%	-6.05%
Bank	$BKX	145.57	+2.29	+1.60%	+10.10%
Biotech	$BTK	5,203.04	-71.06	-1.35%	-5.72%

Slump Below 50 DMA Line Hurt Outlook
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Old Dominion Freight Lines (ODFL -$9.59 or -2.80% to $332.60) recently slumped below its 50-day moving average (DMA) line ($351) with volume-driven losses. The prior low ($327) defines the next important support level. A prompt rebound above the 50 DMA line is needed for its outlook to improve. It faces near term resistance up to the $373 level.

ODFL was highlighted in yellow in the 12/07/21 mid-day report (read here) following more than 3 weeks tight with pivot point cited based on its 11/16/21 high plus 10 cents. It was shown in greater detail that evening with an annotated graph under the headline, "Perched at All Time High After Tight Consolidation Several Weeks".

It has a 97 Earnings Per Share Rating. Earnings rose +44% on +32% sales revenues for the Sep '21 quarter, its 5th consecutive comparison above the +25% minimum guideline (C criteria). Its annual earnings growth (A criteria) has been strong.

The number of top-rated funds owning its shares rose from 1,608 in Dec '20 to 1,788 in Sep '21, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.1 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of A and a Sponsorship Rating of B.

Chart courtesy of www.stockcharts.com

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
BLDR - NYSE Builders Firstsource Inc Bldg-Constr Prds/Misc	$78.63	-3.83 -4.64%	$82.93	3,725,226 137.56% of 50 DAV 50 DAV is 2,708,000	$86.48 -9.08%	8/12/2021	$52.38	PP = $54.09
								MB = $56.79
Most Recent Note - 1/7/2022 5:37:40 PM G - Pulling back from its all-time high after getting very extended from any sound base. Reported Sep '21 quarterly earnings +308% on +140% sales revenues versus the year ago period. Its 50 DMA line ($73.57) and prior low ($72.60 on 12/20/21) define important near-term support to watch. >>> FEATURED STOCK ARTICLE : Perched at Record High After +52% Rally in 4 Months - 12/10/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
KFRC - NASDAQ Kforce Inc Comml Svcs-Staffing	$71.17	-4.48 -5.92%	$75.58	82,683 71.28% of 50 DAV 50 DAV is 116,000	$81.47 -12.64%	9/10/2021	$59.53	PP = $64.48
								MB = $67.70
Most Recent Note - 1/7/2022 5:32:33 PM G - Sank well below its 50 DMA line ($74.69) today and near the prior low ($71.05 on 12/14/21) which defines important near-term support to watch. Recently reported Sep '21 quarterly earnings +8% on +10% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Consolidating Above its 50-Day Moving Average Line - 12/29/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
REGN - NASDAQ Regeneron Pharmaceutical DRUGS - Biotechnology	$603.73	+5.29 0.88%	$607.01	583,423 77.17% of 50 DAV 50 DAV is 756,000	$686.62 -12.07%	12/13/2021	$647.95	PP = $686.72
								MB = $721.06
Most Recent Note - 1/5/2022 8:30:57 PM G - Color code is changed to green after slumping below its 50 DMA line ($635) and below the prior low with today's loss on higher volume triggering a technical sell signal. A prompt rebound above the 50 DMA line is needed for its outlook to improve. >>> FEATURED STOCK ARTICLE : Consolidating Near All-Time High With Little Resistance Remaining - 12/13/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LLY - NYSE Eli Lilly & Co Medical-Diversified	$259.50	+0.17 0.07%	$261.25	2,242,510 71.71% of 50 DAV 50 DAV is 3,127,000	$283.91 -8.60%	12/16/2021	$279.28	PP = $275.97
								MB = $289.77
Most Recent Note - 1/5/2022 8:26:21 PM Y - Suffered a 5th consecutive loss today testing the recent low ($260) and its 50 DMA line ($260.21). More damaging losses would raise greater concerns and trigger a technical sell signal. >>> FEATURED STOCK ARTICLE : Eli Lilly & Co Powered to New Highs With Volume - 12/16/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CAMT - NASDAQ Camtek Ltd ELECTRONICS - Scientific and Technical Instrum	$41.66	-2.14 -4.89%	$43.91	183,615 68.01% of 50 DAV 50 DAV is 270,000	$49.60 -16.01%	11/9/2021	$45.43	PP = $46.11
								MB = $48.42
Most Recent Note - 1/7/2022 5:38:36 PM G - Sank further below its 50 DMA line ($44) with today's loss on lighter volume. Only a prompt rebound above the 50 DMA line would help its outlook improve. >>> FEATURED STOCK ARTICLE : Closed Above 50-Day Average After Big Gain With Light Volume - 12/15/2021 \| 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
AMD - NASDAQ Advanced Micro Devices ELECTRONICS - Semiconductor - Broad Line	$132.00	-4.23 -3.11%	$137.44	57,971,788 96.02% of 50 DAV 50 DAV is 60,374,000	$164.46 -19.74%	10/27/2021	$124.91	PP = $122.59
								MB = $128.72
Most Recent Note - 1/5/2022 8:14:28 PM G - Today's 2nd consecutive big loss violated its 50 DMA line ($143.21) triggering a technical sell signal. Prior low ($130.60) defines the next important chart support level to watch. Fundamentals remain strong after it reported Sep '21 quarterly earnings +78% on +54% sales revenues versus the year ago period. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Triggered Technical Sell Signal - 1/5/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
UMC - NYSE United Microelectrnc Adr ELECTRONICS - Semiconductor - Integrated Cir	$11.02	-0.49 -4.26%	$11.43	12,177,371 161.72% of 50 DAV 50 DAV is 7,530,000	$12.68 -13.09%	12/1/2021	$12.60	PP = $12.72
								MB = $13.36
Most Recent Note - 1/7/2022 12:42:31 PM G - Slumping below its 50 DMA line ($11.36) today testing recent lows and its color code is changed to green. More damaging losses would raise concerns and trigger a technical sell signal. A gain and solid close above the pivot point may help clinch a proper new (or add-on) technical buy signal. Reported Sep '21 quarterly earnings +100% on +30% sales revenues versus the year ago period. >>> FEATURED STOCK ARTICLE : Testing Support and Perched Not Far From Prior Highs - 1/4/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ENTG - NASDAQ Entegris Inc ELECTRONICS - Semiconductor Equipment and Mate	$132.01	-2.96 -2.19%	$136.06	1,262,304 106.25% of 50 DAV 50 DAV is 1,188,000	$158.00 -16.45%	8/4/2021	$125.33	PP = $126.51
								MB = $132.84
Most Recent Note - 1/5/2022 8:23:51 PM G - Slumped further below its 50 DMA line ($144.21) with a big loss today on higher volume. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong after it recently reported Sep '21 quarterly earnings +37% on +20% sales revenues versus the year ago period. >>> FEATURED STOCK ARTICLE : Still Below 50-Day Moving Average - 1/3/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DHR - NYSE Danaher Corp Medical-Diversified	$295.67	-8.25 -2.71%	$303.48	3,135,529 117.74% of 50 DAV 50 DAV is 2,663,000	$333.96 -11.47%	12/16/2021	$321.36	PP = $334.06
								MB = $350.76
Most Recent Note - 1/6/2022 5:17:42 PM G - Color code is changed to green after slumping below its 50 DMA line ($313.09) during a streak of 4 consecutive losses after it was perched within close striking distance of its 52-week high. Highlighted in yellow with pivot point cited base on its 9/10/21 high plus 10 cents in the 12/16/21 mid-day report. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point with at least +40% above average volume may trigger a technical buy signal. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Consolidating Near Prior Highs Above 50-Day Moving Average - 12/17/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SKY - NYSE Skyline Champion Corp Bldg-Mobile/Mfg andamp; RV	$69.91	-5.23 -6.96%	$74.81	518,652 101.10% of 50 DAV 50 DAV is 513,000	$85.92 -18.63%	11/3/2021	$72.19	PP = $66.92
								MB = $70.27
Most Recent Note - 1/7/2022 5:30:31 PM G - Suffered another big loss today on higher (near average) volume while sinking further below its 50 DMA line ($76.44) again raising concerns. Prior low ($68.54) defines the next important support level. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Pulling Back From All-Time High After Recent Rally - 12/14/2021 \| 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
DHI - NYSE D R Horton Inc MATERIALS and CONSTRUCTION - Residential Construction	$95.24	-6.26 -6.17%	$101.60	6,573,757 226.84% of 50 DAV 50 DAV is 2,898,000	$110.45 -13.77%	12/6/2021	$104.40	PP = $106.99
								MB = $112.34
Most Recent Note - 1/7/2022 5:36:30 PM G - Color code is changed to green after a damaging 3rd consecutive volume-driven loss violated its 50-day moving average (DMA) line ($100.77) triggering a technical sell signal. Only a prompt rebound above the 50 DMA line would help its outlook improve. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Pullback Testing Support at 50-Day Moving Average Line - 1/6/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TITN - NASDAQ Titan Machinery Inc SPECIALTY RETAIL	$33.45	-0.69 -2.02%	$34.67	133,122 73.96% of 50 DAV 50 DAV is 180,000	$38.58 -13.30%	11/23/2021	$36.22	PP = $35.34
								MB = $37.11
Most Recent Note - 1/5/2022 8:21:37 PM G - Pulled back today with lighter volume, consolidating above its 50 DMA line ($32.52). It has not formed a sound base and faces resistance due to overhead supply up to the $38 level. Reported Oct '21 quarterly earnings +81% on +26% sales revenues over the year ago period, its 4th strong quarterly comparison. >>> FEATURED STOCK ARTICLE : Recently Found Support at 50-Day Moving Average Line - 12/31/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLFD - NASDAQ Clearfield Inc TELECOMMUNICATIONS - Cables / Satalite Equipment	$71.74	-4.75 -6.21%	$76.56	232,174 142.44% of 50 DAV 50 DAV is 163,000	$86.71 -17.26%	12/16/2021	$72.76	PP = $72.10
								MB = $75.71
Most Recent Note - 1/7/2022 5:34:16 PM G - Suffered yet another big volume-driven loss today finishing near the prior high ($72) which defines initial support to watch above its 50 DMA line ($68.66). Reported Sep '21 quarterly earnings +141% on +66% sales revenues above the year ago period. >>> FEATURED STOCK ARTICLE : Negative Reversal After Hitting a New All Time High - 12/30/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ODFL - NASDAQ Old Dominion Fght Line TRANSPORTATION - Trucking	$332.60	-9.59 -2.80%	$341.73	971,018 155.36% of 50 DAV 50 DAV is 625,000	$373.58 -10.97%	12/7/2021	$365.61	PP = $364.17
								MB = $382.38
Most Recent Note - 1/5/2022 8:28:24 PM G - Color code is changed to green after slumping below its 50 DMA line ($351) with another volume-driven loss. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Faces very little near term resistance up to the $373 level.. >>> FEATURED STOCK ARTICLE : Slump Below 50 DMA Line Hurt Outlook - 1/7/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
POOL - NASDAQ Pool Corp WHOLESALE - Basic Materials Wholesale	$503.17	-17.35 -3.33%	$519.47	311,176 127.01% of 50 DAV 50 DAV is 245,000	$582.27 -13.58%	12/27/2021	$555.44	PP = $582.37
								MB = $611.49
Most Recent Note - 1/6/2022 5:23:09 PM G - Color code is changed to green after slumping below its 50 DMA line ($548) during a 4 session losing streak. A rebound above the 50 DMA line is needed for its outlook to improve. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new technical buy signal. Reported strong Sep '21 quarterly results. >>> FEATURED STOCK ARTICLE : Forming New Base After Finding Prompt Support at 50 DMA - 12/27/2021 \| 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
SMPL - NASDAQ Simply Good Foods Co Food-Confectionery	$39.31	+0.33 0.85%	$39.85	640,661 139.27% of 50 DAV 50 DAV is 460,000	$43.17 -8.94%	12/22/2021	$40.04	PP = $41.45
								MB = $43.52
Most Recent Note - 1/6/2022 12:57:47 PM Y - Color code is changed to yellow while showing resilience today after an abrupt retreat with above average volume. The prompt rebound above its 50 DMA line ($39.28) helped its outlook to improve. Prior lows define important near-term support below its 50 DMA line. Reported Nov '21 quarterly earnings +48% on +22% sales revenues versus the year ago period. >>> FEATURED STOCK ARTICLE : Formed New 5-Week Base and Perched Near Pivot Point - 12/22/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AVTR - NYSE Avantor Inc Medical-Research Eqp/Svc	$36.61	-1.06 -2.81%	$37.68	4,002,823 104.49% of 50 DAV 50 DAV is 3,830,800	$44.37 -17.49%	12/27/2021	$41.96	PP = $44.47
								MB = $46.69
Most Recent Note - 1/6/2022 5:20:53 PM G - Color code is changed to green after slumping below its 50 DMA line ($39.48) and testing its 200 DMA line ($36.79) with today's 4th consecutive loss. Prior lows in the high $36 area define important near-term support. A rebound above the 50 DMA line is needed for its outlook to improve. Reported Sep '21 quarterly earnings +46% above the year ago period. >>> FEATURED STOCK ARTICLE : Rebounding With Volume-Driven Gains - 12/21/2021 \| 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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