FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - FRIDAY, AUGUST 11TH, 2023

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Indices				NYSE			Nasdaq
DOW	+105.25	35,281.40	+0.30%	Volume	751,666,901	-12%	Volume	4,655,383,100	-13%
NASDAQ	-93.14	13,644.85	-0.68%	Advancers	1,452	52%	Advancers	1,903	44%
S&P 500	-4.78	4,464.05	-0.11%	Decliners	1,360	48%	Decliners	2,433	56%
Russell 2000	+2.49	1,925.11	+0.13%	52 Wk Highs	40		52 Wk Highs	59
S&P 600	-1.17	1,243.65	-0.09%	52 Wk Lows	34		52 Wk Lows	177

Major Indices Were Mixed With Lighter Volume Totals
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The S&P 500 declined 0.1%; the Nasdaq Composite fell 0.7%; and the Dow Jones Industrial Average rose 0.3%. Volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange. Advancers led decliners by a narrow margin on the NYSE but decliners led advancers by about a 5-4 margin on the Nasdaq exchange. There were 33 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 33 on the prior session. New 52-week highs outnumbered new 52-week lows on the NYSE, but for an 8th consecutive session new lows convincingly outnumbered new highs on the Nasdaq exchange. The major indices are in an uptrend that is under pressure (M criteria), Healthy leadership is crucial to any sustained rally. Appropriate new buying efforts may still be considered under the fact-based investment system. Greater caution may be necessary in the event of a more serious correction.

Chart courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average posted a small gain with light volume, yet it remains consolidating well above its 50-day moving average (DMA) line.

Total PPI increased 0.3% month-over-month in July following a downwardly revised 0.0% (from 0.1%) for June. Excluding food and energy, the index for final demand was also up 0.3% month-over-month following a downwardly revised 0.1% decline (from +0.1%) for June. On a year-over-year basis, the index for final demand was up 0.8%, versus 0.3% in June, and the index for final demand, excluding food and energy, was up 2.4%, unchanged from June.

The 2-yr note yield, at 4.80% just before the release, rose six basis points to 4.89%. The 10-yr note yield, at 4.08% just before the release, rose nine basis points to 4.17%.

Apple (APPL -0.10%) finished flat, but weakness from Tesla (TSLA -1.10%), Meta Platforms (META -1.34%), and NVIDIA (NVDA -3.62%) weighed on the broader market.

Only four of the 11 S&P 500 sectors closed with a loss. Information technology (-0.9%) was the worst performer while energy (+1.6%) was a leading gainer.

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 Led Gainers; Semiconductor Index Fell
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
Commodity-linked groups had a positive bias on Friday as the Gold & Silver Index ($XAU +1.01%), Integrated Oil Index ($XOI +1.39%), and the Oil Services Index ($OSX +0.91%) each posted a solid gain. The Retail Index ($RLX +0.10%) and Bank Index ($BKX +0.39%) both posted small gains while the Broker/Dealer Index ($XBD +0.00%) finished flat. The tech sector was led lower by the Semiconductor Index ($SOX -2.29%) while the Biotech Index ($BTK +0.21%) eked out a small gain and the Networking Index ($NWX +0.05%) finished flat.

Chart courtesy of www.stockcharts.com

PICTURED: The Integrated Oil Index ($XOI +1.39%) has been rebounding near its 2023 high.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	94.51	+0.86	+0.91%	+12.70%
Integrated Oil	$XOI	1,899.34	+26.09	+1.39%	+6.27%
Semiconductor	$SOX	3,514.55	-82.47	-2.29%	+38.80%
Networking	$NWX	797.05	+0.43	+0.05%	+1.75%
Broker/Dealer	$XBD	497.61	-0.00	-0.00%	+10.79%
Retail	$RLX	3,624.34	+3.78	+0.10%	+31.60%
Gold & Silver	$XAU	119.28	+1.20	+1.01%	-1.31%
Bank	$BKX	86.67	+0.34	+0.39%	-14.06%
Biotech	$BTK	5,232.98	+10.72	+0.21%	-0.91%

Quiet Pullback Undercut 50-Day Moving Average Line
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Polaris (PII -$0.06 or -0.05% to $124.32) pulled back today for a 7th consecutive loss with below-average volume and closed just below its 50-day moving average (DMA) line ($124.65). More damaging losses would raise greater concerns. Recently it reported Jun '23 quarterly earnings +0% versus the year-ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. Its Earnings Per Share Rating is currently 88, still above the 80+ minimum guidelint for buy candidates.

PII was highlighted in yellow with pivot point cited based on its 8/16/22 high plus 10 cents in the 7/11/23 mid-day report (read here). It was shown in greater detail that evening with an annotated graph under the headline, "Volume-Driven Breakout for Polaris".

It hails from the Leisure-Products group which is ranked 136th on the 197 Industry Groups list. Its Sep, Dec '22, and Mar '23 quarterly sales revenues were strong and earnings increases were above the +25% minimum (C criteria) versus the year ago periods. Annual earnings (A criteria) history had a slight downturn in FY '19 followed by strong growth.

The number of top-rated funds owning its shares reportedly fell from 613 in Sep '22 to 593 in Mar '23, not a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.1 is only a slightly bullish sign of accumulation over the past 50 days. It has an Accumulation/Distribution Rating of B+ and B ratings for both Timeliness and Sponsorship.

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
STRL - NASDAQ Sterling Infrastructure Bldg-Heavy Construction	$80.79	+0.90 1.13%	$82.32	490,716 124.23% of 50 DAV 50 DAV is 395,000	$81.00 -0.26%	12/14/2022	$32.41	PP = $33.72
								MB = $35.41
Most Recent Note - 8/9/2023 5:15:08 PM G - A 3rd consecutive volume-driven gain for another new all-time high leaves it very extended from any sound base. Bullish action came after it reported Jun '23 quarterly earnings +37% on +13% sales revenues versus the year-ago period, a solid increase after the Mar '23 earnings were below the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Volume-Driven Gains Leave Construction Firm at All-Time High - 8/9/2023 \| 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	$178.03	+1.23 0.70%	$179.33	108,798 48.79% of 50 DAV 50 DAV is 223,000	$182.94 -2.68%	4/27/2023	$148.85	PP = $152.23
								MB = $159.84
Most Recent Note - 8/7/2023 6:30:36 PM G - Hit another new all-time high with light volume behind today's 4th consecutive gain. Its 50 DMA line ($163) defines important near-term support to watch on pullbacks. Reported Jun '23 quarterly earnings +65% on +27% versus the year-ago period. >>> FEATURED STOCK ARTICLE : Pulled Back From High With Lighter Volume - 7/19/2023 \| 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 Sab Ads FOOD and BEVERAGE - Beverages - Soft Drinks	$82.64	-0.05 -0.06%	$83.23	97,672 63.92% of 50 DAV 50 DAV is 152,800	$91.23 -9.42%	6/9/2023	$88.61	PP = $91.33
								MB = $95.90
Most Recent Note - 8/10/2023 6:15:22 PM G - Posted a gain today with average volume. A rebound above the 50 DMA line ($84.33) is needed for its outlook to improve but that short-term average recently has acted as resistance. Its Relative Strength Rating has slumped to 79. Reported Jun '23 quarterly earnings +23% on +26% sales revenues versus the year-ago period, below the +25% minimum guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : 50-Day Moving Average Line has Acted as Resistance - 8/10/2023 \| 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	$174.73	+2.02 1.17%	$176.63	353,975 88.94% of 50 DAV 50 DAV is 398,000	$175.49 -0.43%	3/10/2023	$136.89	PP = $136.74
								MB = $143.58
Most Recent Note - 8/9/2023 5:26:58 PM G - Hit yet another new all-time high with today's 3rd consecutive gain. Its 50 DMA line ($161.60) defines important near-term support to watch on pullbacks. Reported earnings for the Jun '23 quarter -13% on +3% sales revenues versus the year-ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. >>> FEATURED STOCK ARTICLE : Negative Reversal at High After +26% Rally in 4 Months - 7/18/2023 \| 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	$306.96	+4.59 1.52%	$309.79	504,056 117.22% of 50 DAV 50 DAV is 430,000	$340.06 -9.73%	4/25/2023	$262.85	PP = $257.51
								MB = $270.39
Most Recent Note - 8/9/2023 5:28:25 PM G - Still lingering below its 50 DMA line ($317). A rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong after Jun '23 earnings rose +45% on +9% sales revenues versus the year-ago period. >>> FEATURED STOCK ARTICLE : Pulled Back Undercutting 50 Day Moving Average Line - 7/26/2023 \| 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
NVR - NYSE N V R Inc MATERIALS and CONSTRUCTION - Residential Construction	$6,156.73	+37.40 0.61%	$6,201.86	9,586 43.77% of 50 DAV 50 DAV is 21,900	$6,474.53 -4.91%	4/25/2023	$5,882.18	PP = $5,978.25
								MB = $6,277.16
Most Recent Note - 8/10/2023 6:25:14 PM G - Reported Jun '23 quarterly earnings -6% on -13% sales revenues, its 2nd subpar quarter, raising greater fundamental concerns. Undercut its 50 DMA line ($6,143) triggering a technical sell signal with today's 3rd consecutive loss backed by light volume. >>> FEATURED STOCK ARTICLE : Consolidating Above 50 DMA After 2nd Subpar Earnings Report - 8/7/2023 \| 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	$82.77	-0.19 -0.23%	$83.65	1,716,415 63.74% of 50 DAV 50 DAV is 2,693,000	$86.16 -3.93%	4/25/2023	$65.17	PP = $64.01
								MB = $67.21
Most Recent Note - 8/10/2023 6:26:44 PM G - Pulled back from its high with today's 2nd loss with below-average volume. It is very extended from any sound base. Recently reported earnings +18% for the Jun '23 quarter versus the year-ago period, below the +25% minimum guideline (C criteria) raising concerns. Its 50 DMA line ($77.88) defines important support to watch. >>> FEATURED STOCK ARTICLE : Reversed After Reaching a New All-Time High - 7/27/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AMPH - NASDAQ Amphastar Pharm Medical-Biomed/Biotech	$54.69	+1.29 2.42%	$55.41	492,326 106.10% of 50 DAV 50 DAV is 464,000	$67.66 -19.17%	5/15/2023	$43.56	PP = $44.15
								MB = $46.36
Most Recent Note - 8/10/2023 6:18:51 PM G - Suffered a damaging volume-driven loss today violating its 50 DMA line ($55.85) triggering a technical sell signal following a noted "negative reversal" on the prior session after hitting a new all-time high. Fundamentals remain strong after it reported Jun '23 quarterly earnings +67% on +18% sales revenues versus the year-ago period. >>> FEATURED STOCK ARTICLE : 6th Straight Gain for Amphastar - 7/20/2023 \| 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	$174.94	-1.36 -0.77%	$177.40	1,229,290 36.50% of 50 DAV 50 DAV is 3,368,000	$190.65 -8.24%	8/1/2023	$188.84	PP = $178.46
								MB = $187.38
Most Recent Note - 8/9/2023 5:25:23 PM Y - Volume totals have been cooling while hovering near the prior high and pivot point. Bullish action came after it reported Jun '23 quarterly earnings +40% on +39% sales revenues versus the year-ago period. >>> FEATURED STOCK ARTICLE : Wedging Higher After Rebounding Above 50-Day Moving Average - 7/12/2023 \| 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	$85.40	-2.25 -2.57%	$87.35	1,336,791 66.08% of 50 DAV 50 DAV is 2,023,000	$98.18 -13.02%	6/13/2023	$91.73	PP = $96.92
								MB = $101.77
Most Recent Note - 8/10/2023 6:23:04 PM G - Color code is changed to green after violating its 50 DMA line ($89.31) with today's damaging loss raising concerns and triggering a technical sell signal. Reported Jun '23 quarterly earnings +24% on +18% sales revenues versus the year-ago period, just below the +25% minimum earnings guideline (C criteria). >>> FEATURED STOCK ARTICLE : Perched Near Pivot Point After Best-Ever Close - 7/17/2023 \| 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
XPEL - NASDAQ Xpel Inc Auto/Truck-Tires andamp; Misc	$83.25	+3.14 3.92%	$84.25	154,578 115.53% of 50 DAV 50 DAV is 133,800	$87.46 -4.81%	6/28/2023	$83.14	PP = $87.11
								MB = $91.47
Most Recent Note - 8/11/2023 5:17:11 PM G - Posted another solid gain today, promptly rebounding well above its 50 DMA line ($80.27), showing resilience after triggering a technical sell signal on 8/09/23. Faces little resistance due to overhead supply up to the $87 level. Reported Jun '23 quarterly earnings +33% on +22% sales revenues versus the year-ago period. Volume and volatility often increase near earnings news. >>> FEATURED STOCK ARTICLE : Consolidating After Rebounding Above 50-Day Moving Average - 8/2/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PII - NYSE Polaris Leisure-Products	$124.32	-0.06 -0.05%	$125.37	393,955 63.44% of 50 DAV 50 DAV is 621,000	$138.49 -10.23%	7/11/2023	$126.92	PP = $123.97
								MB = $130.17
Most Recent Note - 8/11/2023 5:11:06 PM G - Pulled back today for a 7th consecutive loss with below-average volume and undercut its 50 DMA line ($124.65) raising concerns. Recently reported Jun '23 quarterly earnings +0% versus the year-ago period, below the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Quiet Pullback Undercut 50-Day Moving Average Line - 8/11/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ESQ - NASDAQ Esquire Finl Hldgs Finance-Commercial Loans	$50.29	-0.46 -0.91%	$51.01	7,265 25.05% of 50 DAV 50 DAV is 29,000	$54.03 -6.92%	7/14/2023	$45.80	PP = $48.23
								MB = $50.64
Most Recent Note - 8/7/2023 6:28:29 PM G - Color code is changed to green after rising above its "max buy" level with 4 consecutive gains. Prior highs in the $47 define initial support above its 50 DMA line. >>> FEATURED STOCK ARTICLE : Esquire Perched Near Prior Highs - 7/14/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MEDP - NASDAQ Medpace Holdings Medical-Research Eqp/Svc	$266.89	-0.76 -0.28%	$268.39	243,597 63.27% of 50 DAV 50 DAV is 385,000	$269.44 -0.95%	7/25/2023	$196.32	PP = $241.57
								MB = $253.65
Most Recent Note - 8/7/2023 6:36:54 PM Y - Posted a small gain with below-average volume today for a 3rd consecutive session, wedging to a new all-time high. Prior highs in the $241 area define support to watch on pullbacks. Reported earnings increases above the +25% minimum earnings guideline (C criteria) in the past 5 quarterly comparisons through Jun '23. >>> FEATURED STOCK ARTICLE : Medpace Posted a Solid Volume-Driven Gain for a New High - 7/25/2023 \| 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	$741.60	+27.70 3.88%	$745.53	36,722 85.40% of 50 DAV 50 DAV is 43,000	$731.90 1.33%	8/3/2023	$718.56	PP = $694.30
								MB = $729.02
Most Recent Note - 8/11/2023 5:15:14 PM G - Volume was below average behind today's gain for another new all-time high, rising above its "max buy" level and its color code is changed to green. Prior highs in the $693 area define initial support to watch on pullbacks. Fundamentals remain strong >>> FEATURED STOCK ARTICLE : Powerful Breakout for COKE - 8/3/2023 \| 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
ACLS - NASDAQ Axcelis Technologies Elec-Semiconductor Equip	$167.11	-6.97 -4.00%	$173.02	692,245 125.63% of 50 DAV 50 DAV is 551,000	$201.00 -16.86%	8/4/2023	$181.59	PP = $201.10
								MB = $211.16
Most Recent Note - 8/11/2023 5:12:58 PM G - Slumped further below its 50 DMA line ($176.66) and below recent lows with yet another loss today backed by above-average volume. A prompt rebound above the 50 DMA line is needed for its outlook to improve. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Formed Ascending Base and Now Testing 50-Day Moving Average - 8/4/2023 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
PLUS - NASDAQ ePlus Computer-Tech Services	$66.21	-0.13 -0.20%	$66.88	118,806 92.82% of 50 DAV 50 DAV is 128,000	$75.90 -12.77%	8/8/2023	$67.60	PP = $62.92
								MB = $66.07
Most Recent Note - 8/8/2023 6:21:15 PM Y - Finished in the lower half of its intra-day range today after highlighted in yellow with pivot point cited based on its may '22 high plus 10 cents. A "breakaway gap" helped it hit a new all-time high with +202% above average volume triggering a technical buy signal. Reported earnings +42% on +25% sales revenues for the Jun '23 quarter versus the year ago period, its 3rd consecutive quarterly earnings increase above the +25% minimum guideline (C criteria) helping iot better match the winning models of the fact-based investment system. Annual earnings growth (A criteria) has been strong. See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : ePLUS Gapped Up but Ended in Lower Half of Intra-Day Range - 8/8/2023 \| 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.

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