FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - MONDAY, MARCH 29TH, 2021

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Indices				NYSE			Nasdaq
DOW	+98.49	33,171.37	+0.30%	Volume	1,092,192,374	-4%	Volume	4,818,632,200	-6%
NASDAQ	-81.57	13,057.15	-0.62%	Advancers	1,275	35%	Advancers	1,033	25%
S&P 500	-3.44	3,971.10	-0.09%	Decliners	2,374	65%	Decliners	3,070	75%
Russell 2000	-62.80	2,158.68	-2.83%	52 Wk Highs	211		52 Wk Highs	128
S&P 600	-34.46	1,296.80	-2.59%	52 Wk Lows	20		52 Wk Lows	71

Leadership Improved But Major Indices Ended Mixed
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The S&P 500 drifted down 0.1% from its record level notched on Friday, while the Nasdaq Composite dipped 0.6%. The Dow added 98 points, closing at a new all-time high. The volume totals were lighter than the prior session totals on the NYSE and on the Nasdaq exchange. Breadth was negative as decliners led advancers by almost a 2-1 margin on the NYSE and by a 3-1 margin on the Nasdaq exchange. Leadership improved as there were 42 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus the total of 29 on the prior session. New 52-week highs totals improved and outnumbered new 52-week lows totals on both the NYSE and the Nasdaq exchange. The major indices (M criteria) are in an uptrend under pressure. Investors are reminded to always make buying and selling decisions on case-by-case basis under the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The Nasdaq Composite Index met resistance near its 50-day moving average (DMA) line and is slumping toward the prior low.

U.S. stocks finished mixed on Monday as Wall Street assessed the potential impact to financial markets in the aftermath of Archegos Capital Management fallout. Last week, the U.S. hedge fund defaulted on margin calls, unwinding $20 billion in U.S. media and Chinese tech giants. Southwest Airlines (LUV -0.54%) placed a large order for Boeing’s (BA +2.31%) 737-MAX aircrafts.

Six of 11 S&P 500 sectors closed in negative territory, with Energy and Financials lagging the most. ViacomCBS (VIAC -6.68%) fell, while Discovery (DISCA -1.60%) edged lower after each stock fell by roughly 27% on Friday as a result of the Archegos Capital Management liquidations. Selling was heavier in investment banks tied to the hedge fund’s fallout, with Nomura (NMR -14.07%) and Credit Suisse Group AG Adr (CS -11.50%).

In commodities, WTI crude jumped 1% to $61.57/barrel despite news that traffic has resumed in the Suez Canal as the stranded cargo ship was successfully refloated. Still, prices were buoyed by the expectation that OPEC and its allies may extend production cuts, along with optimism surrounding the COVID-19 vaccine rollout. President Biden announced that 90% of American adults would be eligible for immunization by April 19. Treasuries weakened with the yield on the 10-year note up four basis points to 1.71%. On the data front, the lone economic release of note today revealed manufacturing activity in the Dallas Fed region unexpectedly improved in March.

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, Tech, and Energy-Linked Groups Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Broker/Dealer Index ($XBD -2.01%) and Bank Index ($BKX -2.31%) created a drag on the major averages while the Retail Index ($RLX +0.03%) finished flat. The Biotech Index ($BTK -1.12%), Semiconductor Index ($SOX -1.72%), and Networking Index ($NWX -2.27%) suffered unanimous losses. The Oil Services Index ($OSX -3.18%) outpaced the Integrated Oil Index ($XOI -1.18%) to the downside and the Gold & Silver Index ($XAU +0.01%) finished flat.

Chart courtesy of www.stockcharts.com

PICTURED: The Bank Index ($BKX -2.31%) is consolidating above its 50-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	53.28	-1.75	-3.18%	+20.19%
Integrated Oil	$XOI	1,021.20	-12.23	-1.18%	+28.86%
Semiconductor	$SOX	3,052.72	-53.56	-1.72%	+9.20%
Networking	$NWX	802.37	-18.60	-2.27%	+11.89%
Broker/Dealer	$XBD	435.08	-8.92	-2.01%	+15.22%
Retail	$RLX	3,629.50	+1.24	+0.03%	+1.86%
Gold & Silver	$XAU	135.88	+0.01	+0.01%	-5.76%
Bank	$BKX	118.87	-2.81	-2.31%	+21.40%
Biotech	$BTK	5,409.90	-61.23	-1.12%	-5.73%

Fell Further Below 50-Day Average Testing Near Old High
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Clearfield Inc (CLFD -$1.55 or -5.09% to $28.90) slumped and closed further below its 50-day moving average (DMA) line ($32.83) today, testing support at prior highs in the $28 area. More damaging losses would raise greater concerns. It will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line is needed for its outlook to improve.

Fundamentals remain strong. The high-ranked TELECOMMUNICATIONS - Fiber Optics firm reported Dec '20 quarterly earnings +475% on +40% sales revenues versus the year ago period, continuing its strong earning track record with a 4th consecutive quarterly earnings comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has improved after a downturn in FY '17.

CLFD traded up as much as 74.2% since highlighted in yellow with pivot point cited based on its 11/09/20 high plus 10 cents in the 11/17/20 mid-day report (read here). It was last shown in this FSU section on 3/09/21 with an annotated graph under the headline, "Quiet Gain Repaired 50-Day Moving Average Violation".

The number of top-rated funds owning its shares rose from 132 in Jun '20 to 152 in Dec '20. Its current Up/Down Volume Ratio of 1.3 is an unbiased indication its shares have been under accumulation over the past 50 days. Its Accumulation/Distribution Rating is C- and Timeliness Rating is B, and its Sponsorship Rating is C.

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
FBC - NYSE Flagstar Bancorp Inc BANKING - Savings and Loans	$44.89	-0.11 -0.24%	$45.49	551,786 82.48% of 50 DAV 50 DAV is 669,000	$51.58 -12.97%	3/4/2021	$47.26	PP = $48.02
								MB = $50.42
Most Recent Note - 3/29/2021 5:20:46 PM G - Still sputtering below its 50 DMA line ($45.70) Only a prompt rebound would help its outlook improve. Near-term support to watch is prior lows. >>> FEATURED STOCK ARTICLE : Slumping Into Prior Base Following Breakout - 3/22/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CRL - NYSE Charles River Labs Intl DRUGS - Biotechnology	$282.95	-5.09 -1.77%	$289.56	224,771 71.56% of 50 DAV 50 DAV is 314,100	$303.79 -6.86%	12/17/2020	$247.06	PP = $257.98
								MB = $270.88
Most Recent Note - 3/29/2021 5:19:13 PM G - Today's loss had lighter volume. Consolidating above its 50 DMA line ($280) which acted as support throughout its ongoing ascent. Its Relative Strength Rating is 75, below the 80+ minimum guideline for buy candidates. Recently reported Dec '20 quarterly earnings +19% on +14% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Made Gradual Progress, Now Extended From Any Sound Base - 3/16/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
OPY - NYSE Oppenheimer Holdings Inc FINANCIAL SERVICES - Investment Brokerage - Regiona	$39.37	-0.75 -1.87%	$40.29	150,910 110.96% of 50 DAV 50 DAV is 136,000	$44.38 -11.29%	2/25/2021	$38.95	PP = $38.11
								MB = $40.02
Most Recent Note - 3/25/2021 11:38:35 AM Y - Pulling back for a 5th consecutive loss, consolidating after getting extended from the previously noted base. Its 50 DMA line ($37.53) defines near-term support to watch. >>> FEATURED STOCK ARTICLE : Perched at Record High After 6 Consecutive Gains - 3/12/2021 \| 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	$28.90	-1.55 -5.09%	$31.24	72,576 39.44% of 50 DAV 50 DAV is 184,000	$38.75 -25.42%	1/20/2021	$31.38	PP = $28.42
								MB = $29.84
Most Recent Note - 3/29/2021 5:14:41 PM Erased an early gain and closed further below its 50 DMA line ($32.83) with today's big loss on lighter volume. Testing prior highs in the $28 area that previously acted as support. It will be dropped from the Featured Stocks list tonight. A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Fell Further Below 50-Day Average Testing Near Old High - 3/29/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
EDUC - NASDAQ Educational Development WHOLESALE - Basic Materials Wholesale	$18.13	+0.83 4.80%	$18.99	38,361 100.95% of 50 DAV 50 DAV is 38,000	$20.00 -9.35%	3/10/2021	$17.89	PP = $20.10
								MB = $21.11
Most Recent Note - 3/29/2021 12:23:02 PM Y - Found support above its 50 DMA line ($16.12) and rising toward its 52-week high with today's gain backed by higher volume. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper technical buy signal. This thinly traded Media - Books firm's annual earnings (A criteria) history has strong. >>> FEATURED STOCK ARTICLE : Gain Leaves Media - Books Firm Perched Near Pivot Point - 3/10/2021 \| 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	$29.77	-0.93 -3.03%	$30.70	649,310 92.61% of 50 DAV 50 DAV is 701,100	$35.25 -15.55%	12/28/2020	$30.40	PP = $31.44
								MB = $33.01
Most Recent Note - 3/26/2021 5:33:14 PM G - Today's gain helped it rebound and close well above its 50 DMA line ($29.80) helping its outlook improve. However, its Relative Strength Rating is still 63, below the 80+ minimum guideline for buy candidates. Faces resistance due to overhead supply up to the $35 level. >>> FEATURED STOCK ARTICLE : Violation of 50-Day Moving Average Triggered Technical Sell Signal - 3/24/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
XPEL - NASDAQ Xpel Inc Auto/Truck-Tires andamp; Misc	$50.71	-2.15 -4.07%	$53.57	140,786 47.40% of 50 DAV 50 DAV is 297,000	$65.74 -22.86%	3/11/2021	$59.70	PP = $60.87
								MB = $63.91
Most Recent Note - 3/29/2021 5:17:50 PM Slumped back to close further below its 50 DMA line ($53.61) hurting its outlook. Faces resistance due to overhead supply up to the $65 level. It will be dropped from the Featured Stocks list tonight. >>> FEATURED STOCK ARTICLE : Powerful Breakout Backed by Heavy Volume - 3/11/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
UI - NYSE Ubiquiti Inc Telecom-Infrastructure	$376.78	-13.10 -3.36%	$401.81	174,626 149.25% of 50 DAV 50 DAV is 117,000	$396.00 -4.85%	3/26/2021	$383.00	PP = $362.99
								MB = $381.14
Most Recent Note - 3/29/2021 12:57:23 PM Y - Perched at its all-time high. Finished strong after highlighted in yellow with pivot point cited based on its 2/10/21 high plus 10 cents in the 3/26/21 mid-day report. Gapped up and powered into new all-time high territory with a considerable gain backed by +231% above average volume triggering a technical buy signal. Found support above its 50 DMA line since noted in the 2/05/21 mid-day report. Earnings rose +81% on +56% sales revenues for the Dec '20 quarter versus the year ago period. Recent quarterly comparisons show accelerating sales revenues and strong earnings growth near or well above the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Volume +231% Above Average With Breakout Gain - 3/26/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DT - NYSE Dynatrace Inc Computer Sftwr-Enterprse	$46.75	-0.58 -1.23%	$47.50	2,653,837 100.22% of 50 DAV 50 DAV is 2,648,000	$56.94 -17.90%	2/4/2021	$51.39	PP = $48.95
								MB = $51.40
Most Recent Note - 3/24/2021 6:07:05 PM G - Color code is changed to green after today's big loss violated its 50 DMA line ($49.46) raising concerns. Prior highs in the $48 area help define import near-term support. More damaging losses would raise serious concerns. Its Relative Strength Rating has slumped to 54, well below the 80+ minimum guideline for buy candidates. Fundamentals remain strong after it reported Dec '20 earnings +70% on +28% sales revenues versus the year ago period. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Line Tested Again - 3/19/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MRBK - NASDAQ Meridian Corp Banks-Northeast	$25.38	-0.70 -2.68%	$26.19	25,916 74.05% of 50 DAV 50 DAV is 35,000	$27.96 -9.23%	2/22/2021	$25.58	PP = $26.10
								MB = $27.41
Most Recent Note - 3/29/2021 5:22:52 PM Y - Its 50 DMA line ($23.84) defines important near-term support to watch. Its Relative Strength Rating has slumped to 77, below the 80+ minimum guideline. >>> FEATURED STOCK ARTICLE : Prior High Defines Initial Support to Watch - 3/15/2021 \| 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

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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