FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

AFTER MARKET UPDATE - THURSDAY, MARCH 17TH, 2022

Previous After Market Report Next After Market Report >>>

Indices				NYSE			Nasdaq
DOW	+417.66	34,480.76	+1.23%	Volume	1,106,461,383	-18%	Volume	5,528,473,900	-14%
NASDAQ	+178.23	13,614.78	+1.33%	Advancers	2,528	79%	Advancers	3,334	75%
S&P 500	+53.81	4,411.67	+1.23%	Decliners	670	21%	Decliners	1,135	25%
Russell 2000	+34.30	2,065.02	+1.69%	52 Wk Highs	52		52 Wk Highs	57
S&P 600	+16.06	1,331.05	+1.22%	52 Wk Lows	67		52 Wk Lows	112

TODAY'S SPECIAL NOTICE

Solid gains from all major market averages came with higher volume coupled with an increase in stocks hitting new 52-week highs, and Wednesday's strong session may be considered a late follow-through day confirming a new uptrend (M criteria). Followers of the fact-based investment system know any new buying efforts may be justified only in stocks fitting all key fundamental and technical investment criteria.

Major Indices Rose With Lighter Volume Totals
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The S&P 500 gained 1.2%, capping its best three-day rally since November 2020. The Dow advanced 417 points, rising for a fourth consecutive session. The Nasdaq Composite climbed 1.3%, now sitting 15.2% below its November 19 record level. Volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange, revealing lackluster institutional buying demand. Breadth was clearly positive as advancers led decliners by nearly a 4-1 margin on the NYSE and 3-1 on the Nasdaq exchange. There were 25 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 23 on the prior session. New 52-week lows totals contracted yet still outnumbered new 52-week highs totals on the NYSE and on the Nasdaq exchange. Wednesday's solid gains on higher volume coupled with an increase in stocks hitting new 52-week highs was noted as a late follow-through day confirming a new uptrend (M criteria).

Chart courtesy of www.stockcharts.com

PICTURED: The S&P 500 Index posted a 3rd consecutive gain with lighter volume while approaching its 50-day moving average (DMA) line.

U.S. stocks extended their upward momentum on Thursday as Wall Street monitored a confluence of factors. Risk sentiment was buoyed amid reports that Russia was able to make some of their dollar-denominated bond payments. Still, investors remained cautious after the Kremlin refuted claims that major progress had been made in Ukraine peace talks.

Meanwhile, central bank policy remained in focus after the Federal Reserve opted to raise its benchmark rate by 25 basis points (0.25%) on Wednesday. Overseas, the Bank of England announced its own rate hike earlier today, its third one in as many meetings. On the data front today, weekly initial jobless claims came in at 214,000, below expectations for 220,000, highlighting a tight labor market. Another release revealed average mortgage rates for a 30-year loan surpassed 4% for the first time in nearly three years. Treasuries modestly weakened, with the yield on the 10-year note up two basis points (0.02%) to 2.20%.

All 11 S&P 500 sectors closed in positive territory. Energy shares outperformed with West Texas Intermediate (WTI) crude rebounding 8.8% to $103.41/barrel, paring its week-to-date decline to 5.1%. Also providing a tailwind to the group, Occidental Petroleum Corp. (OXY +9.47%) rose following news Warren Buffett’s Berkshire Hathaway increased its stake in the oil producer. In earnings, Dollar General Corp (DG +4.45%) rose after the discount retailer provided upbeat full-year sales forecast.

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.

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

The Retail Index ($RLX +2.11%) posted an influential goin and the Broker/Dealer Index ($XBD +0.64%) also edged higher but the Bank Index ($BKX -0.12%) ended slightly in the red. Commodity-linked groups had a positive bias as the Oil Services Index ($OSX +4.56%) and Integrated Oil Index ($XOI +3.84%) both outpaced the Gold & Silver Index ($XAU +2.53%). The Biotech Index ($BTK +2.12%) led the tech sector higher while the Networking Index ($NWX +1.78%) and Semiconductor Index ($SOX +0.73%) also posted gains.

Chart courtesy of www.stockcharts.com

PICTURED: The Bank Index ($BKX -0.12%) recently rebounded but remains below its 200 DMA line after slumping from its record high hit in January.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	75.55	+3.29	+4.56%	+43.31%
Integrated Oil	$XOI	1,502.30	+55.58	+3.84%	+27.51%
Semiconductor	$SOX	3,364.55	+24.48	+0.73%	-14.74%
Networking	$NWX	868.56	+15.22	+1.78%	-10.56%
Broker/Dealer	$XBD	472.92	+3.00	+0.64%	-2.86%
Retail	$RLX	3,834.52	+79.42	+2.11%	-9.27%
Gold & Silver	$XAU	156.95	+3.87	+2.53%	+18.50%
Bank	$BKX	130.15	-0.16	-0.12%	-1.57%
Biotech	$BTK	4,996.51	+103.92	+2.12%	-9.46%

Featured Stocks
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

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
REGN - NASDAQ Regeneron Pharmaceutical DRUGS - Biotechnology	$685.23	+7.25 1.07%	$689.99	807,545 106.26% of 50 DAV 50 DAV is 760,000	$686.62 -0.20%	3/14/2022	$647.95	PP = $673.96
								MB = $707.66
Most Recent Note - 3/17/2022 5:12:48 PM Y - Posted a 7th consecutive gain today with near average volume, wedging above its December highs, and very little resistance remains due to overhead supply. Color code was changed to yellow with new pivot point cited based on its 12/14/21 high plus 10 cents. Gains above a stock's pivot point must be backed by at least +40% above average volume to trigger a proper technical buy signal Recently found support above its 200 DMA line ($610). >>> FEATURED STOCK ARTICLE : 6th Straight Gain Leaves Regeneron Near Record High - 3/16/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
TGH - NYSE Textainer Group Holdings TRANSPORTATION - Logistics	$38.45	+0.42 1.10%	$38.88	351,465 75.42% of 50 DAV 50 DAV is 466,000	$41.89 -8.21%	1/31/2022	$36.68	PP = $41.34
								MB = $43.41
Most Recent Note - 3/17/2022 5:15:47 PM Y - Color code is changed to yellow after rebounding above its 50 DMA line ($37.58) with 3 consecutive gains backed by light volume. Faces little resistance due to overhead supply up to the $41 level. Important near-term support to watch is its 200 DMA line ($35.14) and prior lows. Any violations would raise serious concerns and trigger technical sell signals. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Slumped Below 50-Day Moving Average Line Toward Prior Lows - 3/14/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HWKN - NASDAQ Hawkins Inc CHEMICALS - Basic Chemicals	$46.29	+1.49 3.33%	$46.36	38,514 61.13% of 50 DAV 50 DAV is 63,000	$47.13 -1.78%	2/3/2022	$39.81	PP = $41.07
								MB = $43.12
Most Recent Note - 3/17/2022 5:06:47 PM G - Posted a gain today with lighter volume and finished 15 cents off its best ever close, extended from the previously noted base. Prior highs in the $40 area and its 50 DMA line define important near-term support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Hovering Near High After Rising From Prior Base - 3/15/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
IMXI - NASDAQ International Money Exp Financial Svcs-Specialty	$21.65	+1.35 6.65%	$21.80	1,133,838 419.94% of 50 DAV 50 DAV is 270,000	$20.63 4.94%	3/8/2022	$18.64	PP = $19.06
								MB = $20.01
Most Recent Note - 3/17/2022 5:09:37 PM G - Color code was changed to green after rallying well above its "max buy" level with today's 5th consecutive volume-driven gain. Powered above its pivot point to a new high all-time high on the prior session triggering a technical buy signal. Prior highs in the high $18 area define initial support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Volume-Driven Gains Challenged All-Time High - 3/8/2022 \| 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.

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 or 954-785-1121.