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AFTER MARKET UPDATE - FRIDAY, FEBRUARY 12TH, 2021
Previous After Market Report Next After Market Report >>>
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DOW |
+27.70 |
31,458.40 |
+0.09% |
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Volume |
830,961,443 |
-18% |
|
Volume |
7,290,493,100 |
-33% |
|
NASDAQ |
+72.11 |
14,097.88 |
+0.51% |
|
Advancers |
1,768 |
55% |
|
Advancers |
2,220 |
56% |
|
S&P 500 |
+18.45 |
3,934.83 |
+0.47% |
|
Decliners |
1,429 |
45% |
|
Decliners |
1,737 |
44% |
|
Russell 2000 |
+4.04 |
2,289.36 |
+0.18% |
|
52 Wk Highs |
244 |
|
|
52 Wk Highs |
413 |
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S&P 600 |
+2.09 |
1,297.90 |
+0.16% |
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52 Wk Lows |
5 |
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52 Wk Lows |
13 |
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Major Indices Edged Higher With Healthy Leadership
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Dow climbed 27 points, while the S&P 500 and the Nasdaq Composite both added 0.5%. The gains capped a second consecutive weekly advance for the U.S benchmarks. The S&P 500 rose 1.2% for the week, while the Dow gained 1%. The Nasdaq Composite outperformed, posting a 1.7% weekly rally. The volume totals were lighter than the prior session on the NYSE and on the Nasdaq exchange. Advancers led decliners by a 9-7 margin on the NYSE and 11-8 on the Nasdaq exchange. There were 93 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 91 on the prior session. New 52-week highs totals easily outnumbered new 52-week lows totals on both exchanges. The major indices are in a confirmed uptrend (M criteria) with healthy leadership provided by many stocks hitting new highs. Investors are reminded to always make buying and selling decisions based based on the strict criteria and rules of the fact-based investment system. PICTURED: The Dow Jones Industrial Average is quietly perched near its record high.
All three U.S. major averages closed at fresh all-time highs during a choppy trading session on Friday, as investors continued to monitor stimulus, earnings, and COVID-19 vaccination updates.
In vaccine news, the Biden administration reported that the U.S. had struck a deal to buy another 200 million vaccine doses. On the data front, a preliminary reading from the University of Michigan showed consumer sentiment unexpectedly fell at the start of February, with the gauge dropping to a six-month low. Treasuries declined, with the yield on the benchmark 10-year note adding four basis points to 1.20%. In commodities, WTI crude climbed 2.4% to $59.61/barrel. Gold slipped 0.2% to $1,821.60/ounce.
Nine of 11 S&P 500 sectors ended in positive territory, with Energy and Materials pacing the gains. Health Care also outperformed, with Illumina (ILMN +11.87%) rose after the life sciences company received positive analysts' commentary following its quarterly results. In other earnings, Walt Disney (DIS -1.75%) fell despite posting a surprise profit in the most recent quarter amid strength in its Disney+ streaming service. Newell Brands (NWL -7.14%) slumped as the Rubbermaid parent beat on the top and bottom line but provided disappointing forward guidance. Expedia (EXPE -2.27%) after the travel site reported a wider than anticipated loss by analysts.
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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. |
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Financial, Tech, and Energy-Linked Groups Led Gainers
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Broker/Dealer Index ($XBD +2.24%) and Bank Index ($BKX +1.14%) posted influential gains on Friday while the Retail Index ($RLX +0.25%) edged higher. The Semiconductor Index ($SOX +1.23%) led the tech sector higher and the Networking Index ($NWX +0.70%) posted a modest gain while the Biotech Index ($BTK +0.12%) also inched higher. The Oil Services Index ($OSX +1.87%) and Integrated Oil Index ($XOI +1.50%) both posted big gains while the Gold & Silver Index ($XAU +0.31%) also edged higher.
PICTURED: The Oil Services Index ($OSX +1.87%) is consolidating above the 50-day moving average (DMA) line.
| Oil Services |
$OSX |
52.09 |
+0.96 |
+1.87% |
+17.50% |
| Integrated Oil |
$XOI |
913.74 |
+13.52 |
+1.50% |
+15.30% |
| Semiconductor |
$SOX |
3,219.87 |
+39.03 |
+1.23% |
+15.18% |
| Networking |
$NWX |
840.89 |
+5.86 |
+0.70% |
+17.26% |
| Broker/Dealer |
$XBD |
432.05 |
+9.46 |
+2.24% |
+14.42% |
| Retail |
$RLX |
3,657.11 |
+9.17 |
+0.25% |
+2.63% |
| Gold & Silver |
$XAU |
141.72 |
+0.43 |
+0.31% |
-1.71% |
| Bank |
$BKX |
108.59 |
+1.22 |
+1.14% |
+10.91% |
| Biotech |
$BTK |
6,232.70 |
+7.45 |
+0.12% |
+8.60% |
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Featured Stocks
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
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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
|
$292.80
|
+3.55
1.23% |
$294.25
|
327,750
111.86% of 50 DAV
50 DAV is 293,000
|
$289.59
1.11%
|
12/17/2020
|
$247.06
|
PP = $257.98
|
|
MB = $270.88
|
Most Recent Note - 2/8/2021 2:43:52 PM
G - Rebounded above its "max buy" level near its prior high and its color code is changed to green. Recently tested and found prompt support at the prior high ($257) and its 50 DMA line ($255). 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 : Testing Important Support on Pullback - 1/29/2021 |
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C
A
S
I |
AMD
-
NYSE
Advanced Micro Devices
ELECTRONICS - Semiconductor - Broad Line
|
$93.77
|
+1.11
1.20% |
$94.22
|
38,236,168
87.70% of 50 DAV
50 DAV is 43,600,500
|
$99.23
-5.50%
|
11/18/2020
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$82.54
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PP = $88.72
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MB = $93.16
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Most Recent Note - 2/10/2021 5:42:05 PM
G - Quietly rebounded to close above its 50 DMA line ($92.00) which has been acting as resistance. Its current Relative Strength rating of 66 is still below the 80+ minimum guideline for buy candidates. Fundamentals remain strong after it reported Dec '20 quarterly earnings +63% on +53% sales revenues versus the year ago period. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Close Above 50-Day Moving Average But Relative Strength a Concern - 2/10/2021 |
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C
A
S
I |
AMRC
-
NYSE
Ameresco Inc Cl A
ENERGY - Alternative
|
$67.35
|
+0.82
1.23% |
$67.49
|
236,736
51.69% of 50 DAV
50 DAV is 458,000
|
$70.26
-4.14%
|
12/15/2020
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$46.72
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PP = $47.10
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MB = $49.46
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Most Recent Note - 2/10/2021 5:44:18 PM
G - Reversed after hitting a new all-time high today. Extended from any sound base. Its 50-day moving average (DMA) line ($53.89) defines near-term support to watch..
>>> FEATURED STOCK ARTICLE : Rebounding After Retreat From Record High - 2/1/2021 |
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C
A
S
I |
TREX
-
NYSE
Trex Company Inc
MATERIALS and CONSTRUCTION - General Building Materials
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$106.28
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+2.28
2.19% |
$106.68
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581,949
83.61% of 50 DAV
50 DAV is 696,000
|
$105.79
0.46%
|
6/26/2020
|
$54.53
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PP = $66.47
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|
MB = $69.79
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Most Recent Note - 2/8/2021 2:45:50 PM
G - Touched a new all-time high with today's 3rd consecutive gain backed by below average volume. Its 50 DMA line ($86.55) and prior highs in the $80-81 area define important support to watch on pullbacks. Sep '20 quarterly earnings were +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 All-Time High With Gain Backed by Average Volume - 1/19/2021 |
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C
A
S
I |
CLFD
-
NASDAQ
Clearfield Inc
TELECOMMUNICATIONS - Cables / Satalite Equipment
|
$36.88
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+1.91
5.46% |
$37.00
|
192,253
134.44% of 50 DAV
50 DAV is 143,000
|
$37.54
-1.76%
|
1/20/2021
|
$31.38
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PP = $28.42
|
|
MB = $29.84
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Most Recent Note - 2/12/2021 5:21:45 PM
G - Posted a solid gain with above average volume for a best-ever close. Very extended from any sound base. Prior highs in the $28 area define important support to watch coinciding with its 50 DMA line ($28.40). Reported Dec '20 quarterly earnings +475% on +40% sales revenues versus the year ago period, continuing its strong earning track record.
>>> FEATURED STOCK ARTICLE : Perched Near Record High With Earnings Report Due Soon - 1/27/2021 |
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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 |
NOW
-
NYSE
Servicenow Inc
Computer Sftwr-Enterprse
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$591.29
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-3.18
-0.53% |
$593.71
|
806,038
59.12% of 50 DAV
50 DAV is 1,363,500
|
$598.37
-1.18%
|
8/20/2020
|
$453.34
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PP = $454.79
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MB = $477.53
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Most Recent Note - 2/11/2021 6:59:20 PM
G - Holding its ground stubbornly near its all-time high with volume totals cooling. A new pivot point was not cited due to fundamental concerns noted as its impressive rally has continued. Gapped up on 1/28/21 promptly rebounding above its 50 DMA line ($544). Fundamental concerns remain after it reported Dec '20 quarterly earnings +22% on +31% sales revenues versus the year ago period, its 2nd consecutive comparison below the +25% minimum guideline (C criteria) of the fact-based investment system.
>>> FEATURED STOCK ARTICLE : Hit New Highs With Latest Gains Backed by Light Volume - 2/5/2021 |
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C
A
S
I |
SMPL
-
NASDAQ
Simply Good Foods Co
Food-Confectionery
|
$30.10
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-0.23
-0.76% |
$30.51
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257,804
22.02% of 50 DAV
50 DAV is 1,170,600
|
$32.03
-6.03%
|
12/28/2020
|
$30.40
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PP = $31.44
|
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MB = $33.01
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Most Recent Note - 2/8/2021 3:07:20 PM
G - Posting a gain today with lighter than average volume. Its Relative Strength Rating is 64, still below the 80+ minimum guideline. Its 50 DMA line ($27.23) and prior low ($26.78) define near term support to watch.
>>> FEATURED STOCK ARTICLE : Relative Strength Rating Suffered During Stalling Action - 1/21/2021 |
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C
A
S
I |
ALRM
-
NASDAQ
Alarm.com Holdings Inc
Security/Sfty
|
$103.77
|
+0.92
0.89% |
$104.04
|
217,969
47.91% of 50 DAV
50 DAV is 455,000
|
$108.67
-4.51%
|
2/9/2021
|
$71.88
|
PP = $108.67
|
|
MB = $114.10
|
Most Recent Note - 2/11/2021 6:56:42 PM
Y - Rebounding toward its prior high with today's gain backed by below average volume. Color code was recently changed to yellow as it was noted that a valid secondary buy point exists up to 5% above the prior high since it found support at its 10 week moving averag3e (WMA) line ($97.13). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Perched Near Prior High After Finding Support at 10 WMA - 2/11/2021 |
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C
A
S
I |
TEAM
-
NASDAQ
Atlassian Corp Plc Cl A
Comp Sftwr-Spec Enterprs
|
$252.97
|
+0.17
0.07% |
$255.35
|
695,367
48.87% of 50 DAV
50 DAV is 1,423,000
|
$257.01
-1.57%
|
10/12/2020
|
$193.77
|
PP = $199.60
|
|
MB = $209.58
|
Most Recent Note - 2/8/2021 5:17:07 PM
G - Quietly touched a new high today. Rebounded impressively from a brief dip below its 50 DMA line ($232.94). Recent low ($208.62 on 1/27/21) defines important near-term support to watch. Its current Relative Strength Rating is 72, below the +80 minimum guideline for buy candidates. Fundamental concerns remain after earnings rose +0% on +23% sales revenues for the Dec '20 quarter versus the year ago period, its 2nd comparison below the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Quietly Touched a New High Despite Fundamental Concerns Noted - 2/8/2021 |
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C
A
S
I |
SHOP
-
NYSE
Shopify Inc Cl A
Computer Sftwr-Enterprse
|
$1,455.49
|
-7.82
-0.53% |
$1,473.00
|
1,007,979
78.81% of 50 DAV
50 DAV is 1,279,000
|
$1,499.75
-2.95%
|
2/2/2021
|
$1,218.72
|
PP = $1,285.28
|
|
MB = $1,349.54
|
Most Recent Note - 2/10/2021 1:00:36 PM
G - Extended from any sound base, it has rallied well above its "max buy" level and hit yet another new all-time high with above average volume behind today's 5th consecutive gain. Prior high ($1,285 on 12/22/20) defines important support to watch above its 50 DMA line ($1,164).
>>> FEATURED STOCK ARTICLE : Perched Within Striking Distance of New Pivot Point - 2/3/2021 |
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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 |
YETI
-
NYSE
Yeti Holdings Inc
Leisure-Products
|
$73.04
|
+1.26
1.76% |
$75.00
|
1,746,580
126.38% of 50 DAV
50 DAV is 1,382,000
|
$80.89
-9.70%
|
11/5/2020
|
$57.25
|
PP = $55.14
|
|
MB = $57.90
|
Most Recent Note - 2/11/2021 1:39:59 PM
G - Reported Dec '20 quarterly earnings +72% on +26% sales revenues versus the year ago period. Gapped down today testing the 50 DMA line ($70.66) with a volume-driven loss. It has not formed a sound base of sufficient length. Prior low ($64.80) on 2/01/21) defines important near term support below its 50 DMA line.
>>> FEATURED STOCK ARTICLE : 50-Day Moving Average and Prior Lows Define Near-Term Support - 1/22/2021 |
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C
A
S
I |
BJ
-
NYSE
BJs Wholesale Club Hldgs
Retail-DiscountandVariety
|
$43.00
|
+0.14
0.33% |
$43.38
|
783,406
33.19% of 50 DAV
50 DAV is 2,360,400
|
$50.18
-14.31%
|
1/28/2021
|
$44.74
|
PP = $47.56
|
|
MB = $49.94
|
Most Recent Note - 2/10/2021 5:48:18 PM
Y - Volume totals have been cooling while stubbornly holding its ground. The prior low and 50 DMA line define important near term support in the $40 area.
>>> FEATURED STOCK ARTICLE : Pulled Back After Breakout Capped 7-Day Winning Streak - 1/28/2021 |
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C
A
S
I |
DOCU
-
NASDAQ
Docusign Inc
Computer Sftwr-Enterprse
|
$263.30
|
+7.03
2.74% |
$263.49
|
2,113,071
59.83% of 50 DAV
50 DAV is 3,532,000
|
$290.23
-9.28%
|
1/12/2021
|
$253.50
|
PP = $256.10
|
|
MB = $268.91
|
Most Recent Note - 2/9/2021 5:34:06 PM
Y - Wedging higher since its rebound above the 50 DMA line ($238) helped its outlook improve. Faces little resistance due to overhead supply. The prior low ($216.50 on 1/04/21) defines the next important support to watch. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph.
>>> FEATURED STOCK ARTICLE : Consolidating Back Above 50-Day Moving Average Near Prior High - 2/9/2021 |
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C
A
S
I |
DT
-
NYSE
Dynatrace Inc
Computer Sftwr-Enterprse
|
$53.53
|
-0.47
-0.87% |
$54.10
|
1,959,527
80.18% of 50 DAV
50 DAV is 2,444,000
|
$56.77
-5.71%
|
2/4/2021
|
$51.39
|
PP = $48.95
|
|
MB = $51.40
|
Most Recent Note - 2/10/2021 5:52:49 PM
G - Volume totals are cooling while perched near its all-time high following a streak of volume-driven gains. Prior highs in the $48 area define initial support to watch above its 50 DMA line. Fundamentals remain strong after it reported Dec '20 earnings +70% on +28% sales revenues versus the year ago period.
>>> FEATURED STOCK ARTICLE : Breakout Action Returns Dynatrace to Featured Stocks List - 2/4/2021 |
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C
A
S
I |
QTWO
-
NYSE
Q2 Holdings Inc
Computer Sftwr-Financial
|
$145.74
|
+1.01
0.70% |
$145.90
|
259,566
52.86% of 50 DAV
50 DAV is 491,000
|
$148.56
-1.90%
|
11/12/2020
|
$105.14
|
PP = $106.54
|
|
MB = $111.87
|
Most Recent Note - 2/8/2021 3:03:02 PM
G - Inching to another new high with today's gain, getting more extended from any sound base. Its 50 DMA line ($126.22) defines important near term support to watch on pullbacks.
>>> FEATURED STOCK ARTICLE : Perched Near All-Time High Stubbornly Holding Ground - 1/26/2021 |
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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 |
AXON
-
NASDAQ
Axon Enterprise Inc
Security/Sfty
|
$195.54
|
-7.97
-3.92% |
$202.46
|
913,186
140.27% of 50 DAV
50 DAV is 651,000
|
$212.37
-7.92%
|
12/22/2020
|
$127.84
|
PP = $130.51
|
|
MB = $137.04
|
Most Recent Note - 2/12/2021 5:20:01 PM
G - Very extended from any sound base, it pulled back today following 10 consecutive gains. Its 50 DMA line ($145) and prior high ($134) define important support to watch on pullbacks. Fundamentals remain strong. Formerly traded under the ticker symbol AAXN where prior notes and detailed analysis may be reviewed.
>>> FEATURED STOCK ARTICLE : Extended From Prior Base Following Streak fo Volume-Driven Gains - 2/2/2021 |
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A
S
I |
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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.
This report is a service available
only to active Paid Premium Members.
You may opt-out of receiving report notifications
at any time. Questions or comments may be submitted
by writing to Premium Membership Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 1-800-965-8307
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