FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Wednesday, February 9th, 2022

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AFTER MARKET UPDATE - WEDNESDAY, FEBRUARY 9TH, 2022

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Indices				NYSE			Nasdaq
DOW	+305.28	35,768.06	+0.86%	Volume	901,875,439	+1%	Volume	4,669,757,900	+10%
NASDAQ	+295.92	14,490.37	+2.08%	Advancers	2,302	72%	Advancers	3,123	70%
S&P 500	+65.64	4,587.18	+1.45%	Decliners	896	28%	Decliners	1,355	30%
Russell 2000	+38.13	2,083.50	+1.86%	52 Wk Highs	91		52 Wk Highs	64
S&P 600	+14.64	1,322.34	+1.12%	52 Wk Lows	148		52 Wk Lows	148

Major Indices Continue Rebound With Greater Leadership
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Nasdaq Composite jumped 2.1%, having rebounded more than 8.5% from its January 27 low, and is now out of correction territory (defined as a 10% drawdown from a recent peak). The Dow added 305 points, while the S&P 500 climbed 1.5%, with the benchmarks back within 2.9% and 4.4% of their respective early January records. Volume totals reported were higher than the prior session on the NYSE and on the Nasdaq exchange. Advancers led decliners by more than a 2-1 margin on the NYSE and on the Nasdaq exchange. Leadership improved as there were 49 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 38 on the prior session. New 52-week lows solidly outnumbered new highs on the NYSE and on the Nasdaq exchange. A follow-through day on Monday, January 31st confirmed a new uptrend for the market averages (M criteria).

Chart courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average posted a 3rd consecutive gain and rebounded above its 50-day moving average (DMA) line.

Stocks finished higher in another broad-based rally Wednesday as tech-related shares extended their recovery ahead of tomorrow’s key inflation update. All 11 S&P 500 sectors closed in positive territory, with four groups gaining more than 2%. In earnings, Chipotle Mexican Grill Inc. (CMG +10.16%) rose after exceeding profit estimates and increasing its menu prices to offset higher costs. Elsewhere, CVS Health Corp. (CVS -5.45%) fell as store closures and lower guidance overshadowed a top and bottom line beat.

Meanwhile, longer-dated Treasuries strengthened for the first time in five sessions, with the yield on the 10-year note down one basis point (0.01%) to 1.95% as a $37 billion auction of the maturity was met with robust demand. Remarks from regional Federal Reserve Presidents Bostic and Mester also helped support bond prices, as they suggested inflationary pressures should ease later this year. Tomorrow, however, a report is expected to show consumer price inflation increasing at a 7.2% annual pace, which would mark the highest level since February 1982. Globally, sovereign bond yields also stabilized following central bank commentary that leaned dovish. In commodities, West Texas Intermediate crude climbed 0.7% to $89.96/barrel after government data revealed domestic crude stockpiles dropped to the lowest level since 2018.

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.

Broker/Dealer, Tech, and Energy-Linked Groups Rose
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Broker/Dealer Index ($XBD +1.40%) posted a solid gain while the Bank Index ($BKX +0.09%) finished flat. The Retail Index ($RLX +0.49%) edged higher. The Biotech Index ($BTK +3.25%), Semiconductor Index ($SOX +3.35%), and Networking Index ($NWX +1.82%) posted unanimous gains. The Oil Services Index ($OSX +1.70%) and Integrated Oil Index ($XOI +1.20%) both posted solid gains and outpaced the Gold & Silver Index ($XAU +0.16%) which only inched higher.

Chart courtesy of www.stockcharts.com

PICTURED: The Biotech Index ($BTK +3.25%) rebounded near its 50-day but remains well below its 200-day moving average (DMA) line.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	66.84	+1.12	+1.70%	+26.78%
Integrated Oil	$XOI	1,450.36	+17.14	+1.20%	+23.10%
Semiconductor	$SOX	3,653.72	+118.59	+3.35%	-7.41%
Networking	$NWX	873.67	+15.59	+1.82%	-10.03%
Broker/Dealer	$XBD	511.91	+7.09	+1.40%	+5.15%
Retail	$RLX	3,952.59	+19.45	+0.49%	-6.48%
Gold & Silver	$XAU	131.60	+0.21	+0.16%	-0.64%
Bank	$BKX	143.90	+0.14	+0.09%	+8.83%
Biotech	$BTK	5,268.87	+165.81	+3.25%	-4.52%

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	$619.77	+1.83 0.30%	$620.96	807,169 101.40% of 50 DAV 50 DAV is 796,000	$686.62 -9.74%	12/13/2021	$647.95	PP = $686.72
								MB = $721.06
Most Recent Note - 2/8/2022 5:14:11 PM G - Still meeting resistance near its 50 DMA line ($626.73). Gains above that important short-term average are needed for its outlook to improve. Reported Dec '21 quarterly earnings +149% on +104% sales revenues versus the year ago period. Recently holding its ground in a tight range above prior lows and above its 200 DMA line ($594) which define the important near-term support. >>> FEATURED STOCK ARTICLE : Earnings News Due While Consolidating Above 200 DMA Line - 2/1/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SF - NYSE Stifel Financial Corp FINANCIAL SERVICES - Investment Brokerage - Regiona	$80.89	-0.54 -0.66%	$83.28	858,274 147.72% of 50 DAV 50 DAV is 581,000	$81.67 -0.96%	1/27/2022	$74.17	PP = $76.23
								MB = $80.04
Most Recent Note - 2/9/2022 1:00:46 PM G - Hit another new 52-week high today. Prior highs in the $76-78 area define initial support to watch on pullbacks. Rallied above its "max buy" level with volume-driven gains, getting extended from the previously noted "double bottom" base. >>> FEATURED STOCK ARTICLE : Formed Double Bottom Base and Faces Little Resistance - 1/27/2022 \| 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	$40.66	-0.16 -0.39%	$41.37	605,931 166.92% of 50 DAV 50 DAV is 363,000	$41.35 -1.67%	1/31/2022	$36.68	PP = $41.34
								MB = $43.41
Most Recent Note - 2/9/2022 1:09:21 PM Y - Touching new 52-week highs with today's 3rd consecutive volume-driven gain. Found support at its 50 DMA line ($36.34) recently. Due to report Dec '21 quarterly results on 2/10/22. Volume and volatility often increase near earnings news. Subsequent gains backed by at least +40% above average volume and a strong close above the pivot point cited based on its 11/05/21 high plus 10 cents may trigger a proper technical buy signal. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average - 1/31/2022 \| 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	$40.23	-1.27 -3.06%	$41.94	48,172 87.59% of 50 DAV 50 DAV is 55,000	$41.63 -3.36%	2/3/2022	$39.81	PP = $41.07
								MB = $43.12
Most Recent Note - 2/8/2022 5:11:26 PM Y - Posted a solid volume-driven gain today hitting a new all-time high and clinching a technical buy signal. It was highlighted in yellow with pivot point cited based on its 1/04/22 high plus 10 cents in the 2/03/22 mid-day report following a gap up, rebounding above its 50 DMA line ($37.92). >>> FEATURED STOCK ARTICLE : Bullish Action Followed Another Strong Quarterly Report - 2/3/2022 \| 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.

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