FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Tuesday, January 12th, 2021

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AFTER MARKET UPDATE - TUESDAY, JANUARY 12TH, 2021

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Indices				NYSE			Nasdaq
DOW	+60.00	31,068.69	+0.19%	Volume	1,055,690,699	+10%	Volume	7,226,381,900	+6%
NASDAQ	+47.44	13,083.87	+0.36%	Advancers	2,086	66%	Advancers	2,591	69%
S&P 500	+1.58	3,801.19	+0.04%	Decliners	1,051	33%	Decliners	1,162	31%
Russell 2000	+36.95	2,127.96	+1.77%	52 Wk Highs	354		52 Wk Highs	477
S&P 600	+20.24	1,215.46	+1.69%	52 Wk Lows	11		52 Wk Lows	11

TODAY'S SPECIAL NOTICE

Today's Big Gainers

SYM	NAME	CLOSE	CHG	% CHG
FUTU	Futu Holdings Ltd.	70.89	9.39	15.27%
FLGT	Fulgent Genetics, Inc.	69.89	7.82	12.60%
ETSY	Etsy Inc.	205.15	22.11	12.08%
EGY	Vaalco Energy Inc.	2.31	0.24	11.59%
DQ	Daqo New Energy Corp.	85.30	8.77	11.46%
LE	Lands End Inc.	26.49	2.64	11.07%
AOSL	Alpha and Omega Semiconduct...	30.40	2.90	10.55%
BIDU	Baidu, Inc.	239.45	19.90	9.06%
AAXN	Axon Enterprise, Inc.	135.00	10.16	8.14%
INMD	InMode Ltd.	53.24	3.82	7.73%

Leadership Improved With Positive Breadth as Major Indices Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow climbed 60 points, while the S&P 500 advanced less than 0.1%. The Nasdaq Composite rose 0.3%. The volume totals were higher than the prior session on both the NYSE and the Nasdaq exchange. Breadth was positive as advancers led decliners by a 2-1 margin on the NYSE and on the Nasdaq exchange. There were 124 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, up from 72 total on the prior session. New 52-week highs totals expanded and easily outnumbered the new 52-week lows totals on both exchanges. The major indices are in a confirmed uptrend (M criteria). Investors are reminded to always make buying and selling decisions based based on the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index is perched near its record high.

U.S. major averages toggled between small gains and losses before pushing higher on Tuesday, as investors focused on the prospects of an economic recovery and anticipated the unofficial start of fourth quarter earnings season. Market participants also kept tabs on the bond market as Treasuries reversed early session declines to advance for the first time in seven days. The yield on the benchmark 10-year note climbed as high as 1.18% before ending one basis point lower to 1.13%.

Six of 11 S&P 500 sectors finished in positive territory. Energy outperformed for a second day, with WTI crude adding 1.7% to $53.12/barrel. Consumer Discretionary stocks also outperformed, with online retailer Etsy (ETSY +12.08%) rose following positive analyst comments. In other corporate news, Intel (INTC +3.30%) rose after the company unveiled new line of computer chips. Albertsons (ACI +2.09%) rose after the grocer easily topped Wall Street's earnings estimates and upwardly revised its 2020 fiscal year EPS expectations.

On the data front, a report from the National Federation of Independent Business (NFIB) showed small business optimism declined more than anticipated in December. The Jobs Opening and Labor Turnover Survey revealed the number of jobs fell modestly to 6.5 million in November from the prior month's 6.6 million. In commodities, gold rose 0.3% to $1855.60/ounce amid a 0.5% drop in the U.S. dollar index.

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 Groups Post Standout Gains; Financial, Retail, and Tech Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Bank Index ($BKX +1.63%) and Broker/Dealer Index ($XBD +0.81%) posted influential gain and the Retail Index ($RLX +0.86%) also helped boost the major averages. The Oil Services Index ($OSX +6.25%) and Integrated Oil Index ($XOI +3.44%) posted standout gains. The Networking Index ($NWX +1.58%) led the tech sector higher and the Semiconductor Index ($SOX +0.68%) also posted a modest gain, but the Biotech Index ($BTK -0.21%) ended slightly lower. The Gold & Silver Index ($XAU +0.55%) posted a small gain.

Chart courtesy of www.stockcharts.com

PICTURED: The Networking Index ($NWX +1.58%) rallied to a new all-time high.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	53.74	+3.16	+6.25%	+21.23%
Integrated Oil	$XOI	907.14	+30.18	+3.44%	+14.47%
Semiconductor	$SOX	2,990.24	+20.33	+0.68%	+6.97%
Networking	$NWX	741.28	+11.52	+1.58%	+3.37%
Broker/Dealer	$XBD	401.35	+3.22	+0.81%	+6.29%
Retail	$RLX	3,564.60	+30.54	+0.86%	+0.04%
Gold & Silver	$XAU	144.74	+0.79	+0.55%	+0.38%
Bank	$BKX	109.22	+1.75	+1.63%	+11.55%
Biotech	$BTK	6,003.48	-12.63	-0.21%	+4.61%

Twice Average Volume Behind Breakout Gain
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Docusign Inc (DOCU +$21.69 or +9.00% to $262.65) finished strong after highlighted in yellow with pivot point cited based on its 12/04/20 high plus 10 cents in the earlier mid-day report (read here). The big gain and close above the pivot point backed by twice average volume clinched a new technical buy signal. Little resistance remains dur to overhead supply up to the $293 level. During the 6-week flat base it found support near its 50-day moving average (DMA) line ($226.29).

Fundamentals remained strong after it was dropped from the Featured Stocks list on 9/11/20. It reported very strong July and Oct '20 quarterly results versus the year ago periods. It has an Earnings Per Share Rating of 75.

DOCU was last shown in this FSU section on 8/31/20 with an annotated graph under the headline, "Perched Near All-Time High After Finding Support Above 50 DMA".

The past 5 quarterly comparisons versus the year ago period were well above the +25% minimum guideline with solid underlying sales revenues growth. After years of losses it had solid earnings in FY '19 and '20.

The number of top-rated funds owning its shares rose from 558 on Jun '19 to 1,375 in Dec '20, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.9 also is an unbiased indication its shares have been under accumulation over the past 50 days. The Computer Software-Enterprise industry group is currently ranked 118th of the 197 Industry Groups (L criteria), however there are several strong stocks in the group showing confirming leadership.

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
CRL - NYSE Charles River Labs Intl DRUGS - Biotechnology	$268.24	-8.07 -2.92%	$278.08	336,372 110.29% of 50 DAV 50 DAV is 305,000	$276.87 -3.12%	12/17/2020	$247.06	PP = $257.98
								MB = $270.88
Most Recent Note - 1/12/2021 7:02:13 PM Y - Pulled back today breaking a streak of 5 consecutive gains for new all-time highs. Recent gains above its pivot point backed by at least +40% above average volume helped clinch a proper new (or add-on) technical buy signal. Its 50 DMA line ($242.91) acted as support. Reported Sep '20 quarterly earnings +38% on +11% sales revenues versus the year ago period, above the +25% minimum earnings guideline (C criteria). >>> FEATURED STOCK ARTICLE : Hovering in Tight Range Holding Ground Near High - 1/5/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AMD - NASDAQ Advanced Micro Devices ELECTRONICS - Semiconductor - Broad Line	$95.36	-1.90 -1.95%	$98.97	67,608,758 158.74% of 50 DAV 50 DAV is 42,590,000	$99.23 -3.91%	11/18/2020	$82.54	PP = $88.72
								MB = $93.16
Most Recent Note - 1/11/2021 12:33:03 PM G - Hitting a new all-time high with today's big gain. Its recent lows and 50 DMA line ($88.63) defines important near term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Pulling Back From its Record High Hit Last Week - 12/21/2020 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TER - NASDAQ Teradyne Inc ELECTRONICS - Semiconductor Equipment and Mate	$137.09	+1.39 1.02%	$139.53	1,478,863 101.57% of 50 DAV 50 DAV is 1,456,000	$136.45 0.47%	10/21/2020	$92.22	PP = $93.54
								MB = $98.22
Most Recent Note - 1/11/2021 12:24:44 PM G - Hitting yet another new all-time high with today's 5th consecutive gain, very extended from any sound base. Support to watch on pullbacks is its 50 DMA line ($111.55). >>> FEATURED STOCK ARTICLE : Perched Near Record High Very Extended From Any Sound Base - 12/30/2020 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AMRC - NYSE Ameresco Inc Cl A ENERGY - Alternative	$59.94	+1.16 1.97%	$60.00	509,105 121.50% of 50 DAV 50 DAV is 419,000	$63.45 -5.53%	12/15/2020	$46.72	PP = $47.10
								MB = $49.46
Most Recent Note - 1/11/2021 11:56:48 AM G - Pulling back from its all-time high with today's loss after 4 consecutive volume-driven gains, getting very extended from any sound base. Its 50 DMA line ($46.45) and prior highs in the $46-47 area define important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Very Extended From Base After Another Powerful Gain - 1/6/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TREX - NYSE Trex Company Inc MATERIALS and CONSTRUCTION - General Building Materials	$91.88	+1.91 2.12%	$91.95	481,209 62.33% of 50 DAV 50 DAV is 772,000	$92.33 -0.49%	6/26/2020	$54.53	PP = $66.47
								MB = $69.79
Most Recent Note - 1/12/2021 7:05:52 PM G - Posted another gain today with light volume for a best ever close. Prior highs in the $80-81 area define initial support to watch above its 50 DMA line ($78.34). Recently noted that it reported Sep '20 quarterly earnings +14% on +19% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria) raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Hit New High With Light Volume Behind 4th Consecutive Gain - 12/22/2020 \| 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
CLFD - NASDAQ Clearfield Inc TELECOMMUNICATIONS - Cables / Satalite Equipment	$27.18	+1.13 4.34%	$27.25	60,356 59.76% of 50 DAV 50 DAV is 101,000	$28.32 -4.03%	11/17/2020	$22.06	PP = $26.07
								MB = $27.37
Most Recent Note - 1/12/2021 6:59:48 PM Y - Posted a 6th consecutive gain today with light volume for a best-ever close. Volume totals have been cooling while hovering within striking distance of its 52-week high. Recently found prompt support at its 50 DMA line ($24.28) and upward trendline when consolidating. >>> FEATURED STOCK ARTICLE : Distributional Pressure While Testing Important Chart Support - 1/4/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NOW - NYSE Servicenow Inc Computer Sftwr-Enterprse	$513.21	-9.85 -1.88%	$522.51	1,172,955 84.05% of 50 DAV 50 DAV is 1,395,500	$566.74 -9.45%	8/20/2020	$453.34	PP = $454.79
								MB = $477.53
Most Recent Note - 1/8/2021 5:29:46 PM G - Today's big gain and rebound above its 50 DMA line ($524) helped its outlook improve. Recently reported Sep '20 quarterly earnings +22% on +30% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria) of the fact-based investment system. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Gain Today and Rebound Above 50-Day Moving Average Line - 1/8/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SMPL - NASDAQ Simply Good Foods Co Food-Confectionery	$28.71	-0.72 -2.45%	$29.78	967,194 70.26% of 50 DAV 50 DAV is 1,376,600	$32.03 -10.37%	12/28/2020	$30.40	PP = $31.44
								MB = $33.01
Most Recent Note - 1/12/2021 7:08:12 PM Y - Pulled back today for a 3rd consecutive loss on light volume. Quietly consolidating after a "negative reversal" on 1/04/21 at its all-time high. Subsequent gains above its pivot point backed by at least +40% above average volume may trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Challenging All-Time High as it Joins Small Cap Index - 12/28/2020 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ALRM - NASDAQ Alarm.com Holdings Inc Security/Sfty	$106.00	+1.15 1.10%	$106.97	606,217 137.78% of 50 DAV 50 DAV is 440,000	$107.18 -1.10%	11/6/2020	$71.88	PP = $74.76
								MB = $78.50
Most Recent Note - 1/12/2021 6:58:33 PM G - Posted a small gain today with above average volume for a best ever close. Very extended from any sound base. Its 50 DMA line ($82.29) and prior high ($74.66 on 7/23/20) define important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Perched at High After Impressive Streak of Gains - 12/24/2020 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TEAM - NASDAQ Atlassian Corp Plc Comp Sftwr-Spec Enterprs	$234.19	+3.52 1.53%	$235.80	933,505 53.86% of 50 DAV 50 DAV is 1,733,300	$250.03 -6.34%	10/12/2020	$193.77	PP = $199.60
								MB = $209.58
Most Recent Note - 1/11/2021 5:52:39 PM G - Consolidating above its 50 DMA line ($218.81) and prior high in the $216 area which define important near-term support to watch. Its current Relative Strength Rating is 75, below the +80 minimum guideline for buy candidates. Earnings rose +7% on +26% sales revenues for the Sep '20 quarter versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising concerns. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Relative Strength Rating Remains Below 80+ Minimum Guideline - 1/11/2021 \| 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
SHOP - NYSE Shopify Inc Cl A Computer Sftwr-Enterprse	$1,188.24	+10.60 0.90%	$1,205.79	902,208 59.05% of 50 DAV 50 DAV is 1,528,000	$1,285.19 -7.54%	12/16/2020	$1,146.00	PP = $1,147.01
								MB = $1,204.36
Most Recent Note - 1/12/2021 7:04:32 PM Y - Volume totals have been cooling while consolidating. Found prompt support near prior highs in the $1,146-1,130 area and above its 50 DMA line ($1,060) which defines the next important support to watch. >>> FEATURED STOCK ARTICLE : Rebounded After Undercutting Prior Highs - 1/7/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
YETI - NYSE Yeti Holdings Inc Leisure-Products	$78.04	+2.09 2.75%	$78.19	713,387 59.35% of 50 DAV 50 DAV is 1,202,000	$76.74 1.69%	11/5/2020	$57.25	PP = $55.14
								MB = $57.90
Most Recent Note - 1/12/2021 7:07:05 PM G - Hit yet another new all-time high with today's 8th consecutive gain, getting more extended from any sound base. Its 50 DMA line ($64.67) defines initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Pulling Back After Recently Wedging to New Highs - 12/29/2020 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DOCU - NASDAQ Docusign Inc Computer Sftwr-Enterprse	$262.65	+21.69 9.00%	$263.00	7,714,533 201.48% of 50 DAV 50 DAV is 3,829,000	$290.23 -9.50%	1/12/2021	$253.50	PP = $256.10
								MB = $268.91
Most Recent Note - 1/12/2021 6:52:54 PM Y - Finished strong today after highlighted in yellow with pivot point cited based on its 12/04/20 high plus 10 cents in the earlier mid-day report. The big gain and strong close above the pivot point backed by twice average volume clinched a technical buy signal. Recently found support near its 50 DMA line. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Twice Average Volume Behind Breakout Gain - 1/12/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AAXN - NASDAQ Axon Enterprise Inc Security/Sfty	$135.00	+10.16 8.14%	$135.05	1,237,378 228.93% of 50 DAV 50 DAV is 540,500	$134.73 0.20%	12/22/2020	$127.84	PP = $130.51
								MB = $137.04
Most Recent Note - 1/12/2021 6:56:24 PM Y - Hit a new all-time high with +128% above average volume behind today's big gain helping clinch a convincing technical buy signal. Rallied from support at its 50 DMA line ($121.97). Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : New All-Time High With Today's 5th Consecutive Gain - 12/23/2020 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
QTWO - NYSE Q2 Holdings Inc Computer Sftwr-Financial	$128.00	+0.84 0.66%	$128.92	1,621,697 371.95% of 50 DAV 50 DAV is 436,000	$130.59 -1.98%	11/12/2020	$105.14	PP = $106.54
								MB = $111.87
Most Recent Note - 1/8/2021 5:31:28 PM G - Posted a 2nd consecutive gain today on light volume while hovering near its all-time high. Its 50 DMA line ($113.77) defines important near term support to watch above the prior high in the $106 area. >>> FEATURED STOCK ARTICLE : Stubbornly Holding Ground Extended From Prior Base - 12/31/2020 \| 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

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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