FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - THURSDAY, JUNE 29TH, 2023

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Indices				NYSE			Nasdaq
DOW	+269.76	34,122.42	+0.80%	Volume	823,319,655	-2%	Volume	4,410,882,100	-3%
NASDAQ	-0.42	13,591.33	-0.00%	Advancers	1,957	67%	Advancers	2,646	59%
S&P 500	+19.58	4,396.44	+0.45%	Decliners	948	33%	Decliners	1,802	41%
Russell 2000	+22.88	1,881.59	+1.23%	52 Wk Highs	138		52 Wk Highs	114
S&P 600	+19.67	1,214.95	+1.65%	52 Wk Lows	16		52 Wk Lows	120

Breadth Positive as Major Averages Ended Mixed
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Small-cap stocks stood out as the Russell 2000, driven by gains in its bank and energy stocks, increased 1.2% compared to a 0.5% gain for the S&P 500. The benchmark index closed near its best level of the session just below 4,400. Volume totals reported were lighter on the NYSE and on the Nasdaq exchange versus the prior session. Advancers led decliners by a 2-1 margin on the NYSE and by a 3-2 margin on the Nasdaq exchange. There were 89 high-ranked companies from the Leaders List that hit a new 52-week high and were listed on the BreakOuts Page, versus the total of 72 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE, but new lows narrowly outnumbered new highs on the Nasdaq exchange. The major indices are in a confirmed uptrend (M criteria). Appropriate new buying efforts may be considered under the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average recently found support near its 50-day ,moving average (DMA) line.

On the data front today, the third reading of first quarter annualized gross domestic product (GDP) came in at 2.0%, higher from the prior reading of 1.4%. Personal consumption and core PCE for the first quarter registered 4.2% and 4.9% respectively, from prior readings of 3.8% and 5.0%. In the meantime, initial jobless claims decreased to 239K from the previous week’s revised 265k while continuing claims fell to 1.742 million from the prior week’s revised 1.761 million.

Financials were strong, and the strength in the bank stocks and the investment banks was an encouraging sign. JP Morgan Chase (JPM +3.5%) and Goldman Sachs (GS +3.1%) were the biggest winners in the Dow Jones Industrial Average. 22 of the 30 components ended with a gain.

Micron (MU -4.1%) fell after its fiscal Q3 results, even though it said it had confidence that an industry bottom has already formed. Intel (INTC -2.0%) underperformed as well.

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, Networking, and Commodity-Linked Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Bank Index ($BKX +1.82%) and the Broker/Dealer Index ($XBD +1.57%) both posted solid gains while the Retail Index ($RLX -0.31%) edged lower. The tech sector was mixed as the Biotech Index ($BTK -0.37%) edged lower, the Networking Index ($NWX +1.69%) posted a solid gain and the Semiconductor Index ($SOX +0.13%) was little changed. The Gold & Silver Index ($XAU +1.18%), Oil Services Index ($OSX +1.85%) and the Integrated Oil Index ($XOI +1.01%) posted unanimous gains.

Chart courtesy of www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU +1.18%) posted a small gain. It has been slumping below its 200-day moving average (DMA) line toward its 2023 low.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	77.96	+1.49	+1.95%	-7.04%
Integrated Oil	$XOI	1,666.28	+16.69	+1.01%	-6.77%
Semiconductor	$SOX	3,614.18	+4.69	+0.13%	+42.73%
Networking	$NWX	842.67	+14.03	+1.69%	+7.58%
Broker/Dealer	$XBD	472.10	+7.30	+1.57%	+5.11%
Retail	$RLX	3,421.34	-10.66	-0.31%	+24.23%
Gold & Silver	$XAU	118.00	+1.38	+1.18%	-2.36%
Bank	$BKX	80.03	+1.43	+1.82%	-20.64%
Biotech	$BTK	5,192.89	-19.10	-0.37%	-1.67%

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
GPK - NYSE Graphic Packaging Hldg CONSUMER NON-DURABLES - Packaging and Containers	$23.67	-0.35 -1.46%	$23.70	5,693,484 1,270.30% of 50 DAV 50 DAV is 448,200	$27.56 -14.11%	10/25/2022	$22.75	PP = $24.17
								MB = $25.38
Most Recent Note - 6/29/2023 12:49:41 PM G - Gapped down today violating its 200 DMA line ($23.35) then rebounded above that important long-term average. A rebound above the 50 DMA line ($25.17) is needed to help its outlook improve. Its Relative Strength Rating has slumped to 64, below the 80+ minimum guideline for buy candidates. >>> FEATURED STOCK ARTICLE : Graphic Packaging Hits New High With 6th Consecutive Gain - 6/8/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
STRL - NASDAQ Sterling Infrastructure Bldg-Heavy Construction	$55.79	+1.99 3.70%	$55.86	323,252 113.42% of 50 DAV 50 DAV is 285,000	$54.80 1.81%	12/14/2022	$32.41	PP = $33.72
								MB = $35.41
Most Recent Note - 6/28/2023 5:11:39 PM G - Posted a gain today with average volume wedging to a new all-time high, extended from any sound base. Mar '23 quarterly earnings were below the +25% minimum guideline (C criteria) raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Impressive Streak of Gains for New Highs - 6/7/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
FIX - NYSE Comfort Systems USA Bldg-A/C and Heating Prds	$166.30	+5.37 3.34%	$166.62	253,092 91.04% of 50 DAV 50 DAV is 278,000	$165.05 0.76%	4/27/2023	$148.85	PP = $152.23
								MB = $159.84
Most Recent Note - 6/27/2023 5:37:17 PM G - Volume totals have been cooling while hovering near its all-time high. Extended from the prior base and no resistance remains due to overhead supply. Prior highs in the $152-156 area define initial support to watch above its 50 DMA line ($150.54). >>> FEATURED STOCK ARTICLE : "Negative Reversal" Following Recent Volume-Driven Gains - 6/16/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
KOF - NYSE Coca-Cola Femsa ADR Beverages-Non-Alcoholic	$83.29	-0.66 -0.79%	$84.31	177,636 101.51% of 50 DAV 50 DAV is 175,000	$91.23 -8.70%	6/9/2023	$88.61	PP = $91.33
								MB = $95.90
Most Recent Note - 6/27/2023 12:30:58 PM G - Further undercutting its 50 DMA line ($86.36) with today's 4th consecutive loss raising greater concerns. A prompt rebound above the 50 DMA line is needed to help its outlook improve. The prior low ($81.63 on 5/31/23) defines the next important near-term support to watch. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Coca-Cola Femsa Posts 7th Consecutive Gain - 6/9/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLH - NYSE Clean Harbors Pollution Control	$162.04	+2.02 1.26%	$162.89	387,078 98.49% of 50 DAV 50 DAV is 393,000	$160.50 0.96%	3/10/2023	$136.89	PP = $136.74
								MB = $143.58
Most Recent Note - 6/27/2023 5:36:07 PM G - Volume totals have cooled while hovering near its all-time high, extended from any sound base. Its 50 DMA line ($146.56) and prior high define important near-term support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Extended From Any Sound Base and Hovering Near High - 6/15/2023 \| 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
SPSC - NASDAQ SPS Commerce Comp Sftwr-Spec Enterprs	$189.27	+0.77 0.41%	$190.94	198,672 110.99% of 50 DAV 50 DAV is 179,000	$189.20 0.04%	4/24/2023	$150.01	PP = $157.56
								MB = $165.44
Most Recent Note - 6/28/2023 5:13:52 PM G - Volume was +46% above average behind today's gain while hitting another new 52-week high, getting very extended from the previously noted base. Reported Mar '23 quarterly earnings +22% on +20% versus the year-ago period, below the +25% minimum earnings guideline (C criteria) raising some fundamental concerns. >>> FEATURED STOCK ARTICLE : Perched Near High Following Noted Volume-Driven Gains - 6/21/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
HUBB - NYSE Hubbell Electrical-Power/Equipmt	$327.21	+5.39 1.67%	$327.59	324,906 75.21% of 50 DAV 50 DAV is 432,000	$326.62 0.18%	4/25/2023	$262.85	PP = $257.51
								MB = $270.39
Most Recent Note - 6/28/2023 5:10:08 PM G - Churning above-average volume while recently hovering near its all-time high, very extended from the prior base. Its 50 DMA line ($284) defines initial support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Hubbell on Track for 11th Weekly Gain - 6/22/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
NVR - NYSE NVR Bldg-Resident/Comml	$6,295.61	-17.30 -0.27%	$6,332.04	22,129 85.11% of 50 DAV 50 DAV is 26,000	$6,386.62 -1.43%	4/25/2023	$5,882.18	PP = $5,978.25
								MB = $6,277.16
Most Recent Note - 6/26/2023 6:32:01 PM G - There was a "negative reversal" today after hitting another new all-time high. Its 50 DMA line ($5,824) defines near-term support watch on pullbacks. Reported Mar '23 quarterly earnings -14% on -3% sales revenues versus the year-ago period, below the +25% minimum earnings guideline (C criteria) raising fundamental concerns, and its color code was changed to green. >>> FEATURED STOCK ARTICLE : Rebounded Above 50 Day Average With Light Volume Gains - 6/6/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PHM - NYSE PulteGroup Bldg-Resident/Comml	$77.32	-0.40 -0.51%	$77.69	1,835,392 59.84% of 50 DAV 50 DAV is 3,067,000	$79.15 -2.31%	4/25/2023	$65.17	PP = $64.01
								MB = $67.21
Most Recent Note - 6/26/2023 6:27:37 PM G - There was a "negative reversal" today after hitting yet another new high . Very extended from any sound base. Reported earnings +28% for the Mar '23 quarter versus the year-ago period. Important support to watch is defined by its 50 DMA line ($68.40). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Negative Reversal After Hitting Another New High - 6/26/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
COKE - NASDAQ Coca-Cola Consolidated Beverages-Non-Alcoholic	$639.37	-6.96 -1.08%	$651.69	22,734 56.84% of 50 DAV 50 DAV is 40,000	$694.20 -7.90%	5/4/2023	$646.66	PP = $656.21
								MB = $689.02
Most Recent Note - 6/26/2023 6:35:42 PM Y - Pulled back today with average volume. Important near-term support is its 50 DMA line ($630). Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Fell Below Pivot Point With Recent Volume-Driven Losses - 6/14/2023 \| 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
AMPH - NASDAQ Amphastar Pharm Medical-Biomed/Biotech	$55.91	+0.29 0.52%	$56.51	289,752 61.78% of 50 DAV 50 DAV is 469,000	$58.70 -4.75%	5/15/2023	$43.56	PP = $44.15
								MB = $46.36
Most Recent Note - 6/26/2023 6:34:06 PM G - Pulled back from its all-time high with today's 2nd consecutive volume-driven loss. Very extended from any sound base. Prior highs in the $44 area define important support to watch coinciding with its 50 DMA line. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Hit Another New High With 4th Consecutive Volume-Driven Gain - 6/20/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ANET - NYSE Arista Networks Computer-Networking	$159.29	+3.43 2.20%	$159.96	2,255,978 61.09% of 50 DAV 50 DAV is 3,693,000	$178.36 -10.69%	5/30/2023	$176.35	PP = $171.54
								MB = $180.12
Most Recent Note - 6/27/2023 5:32:56 PM G - Rebounded above its 50 DMA line ($152.81) with below-average volume behind today's 2nd consecutive gain helping its outlook improve. Faces near-term resistance due to overhead supply up to the $178 level. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Rebounding Near Recent High With 3 Consecutive Gains - 6/12/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PANW - NASDAQ Palo Alto Networks Computer Sftwr-Security	$253.33	-0.08 -0.03%	$254.89	2,594,680 42.38% of 50 DAV 50 DAV is 6,123,000	$255.42 -0.82%	6/5/2023	$228.35	PP = $213.73
								MB = $224.42
Most Recent Note - 6/27/2023 5:29:16 PM G - Hit another new all-time high with today's gain. Very extended from the prior high ($213) which defines initial support to watch on pullbacks. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Strength Continues for Network Security Leader - 6/27/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LSCC - NASDAQ Lattice Semiconductor Elec-Semicondctor Fablss	$93.07	+1.39 1.52%	$93.83	1,609,939 64.09% of 50 DAV 50 DAV is 2,512,000	$96.82 -3.87%	6/13/2023	$91.73	PP = $96.92
								MB = $101.77
Most Recent Note - 6/27/2023 5:43:34 PM Y - Posted a solid gain today backed by light volume after recently testing its 50 DMA line ($84.54). More damaging losses would raise concerns. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Mar '23 quarterly earnings +38% on +22% sales revenues versus the year-ago period, its 9th consecutive strong quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been strong. >>> FEATURED STOCK ARTICLE : Lattice Posts Volume-Driven Gains Approaching Prior High - 6/13/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
XPEL - NASDAQ XPEL Auto/Truck-Replace Parts	$84.89	+1.89 2.28%	$85.02	171,239 130.72% of 50 DAV 50 DAV is 131,000	$87.01 -2.44%	6/28/2023	$83.14	PP = $87.11
								MB = $91.47
Most Recent Note - 6/28/2023 5:04:54 PM Y - Color code was changed to yellow with pivot point cited based on its 8/15/23 high plus 10 cents when featured in the earlier mid-day report. Perched within striking distance of its 52-week high after an orderly 10-month base. Reported Mar '23 quarterly earnings +46% on +19% sales revenues versus the year ago period, its 3rd quarterly comparison above the +25% minimum earnings guideline (C criteria), helping it better match the winning models of the fact-based investment system. Annual earnings growth remained strong while it went through a deep consolidation since dropped from the Featured Stocks list on 8/13/21. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : XPEL Returns to Featured Stocks List After Long Consolidation - 6/28/2023 \| 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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