FACTBASEDINVESTING.COM - AFTER MARKET UPDATE - Wednesday, April 13th, 2022

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AFTER MARKET UPDATE - WEDNESDAY, APRIL 13TH, 2022

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Indices				NYSE			Nasdaq
DOW	+344.23	34,564.59	+1.01%	Volume	792,083,518	-9%	Volume	4,812,961,400	-3%
NASDAQ	+272.02	13,643.59	+2.03%	Advancers	2,376	73%	Advancers	3,267	73%
S&P 500	+49.14	4,446.59	+1.12%	Decliners	865	27%	Decliners	1,231	27%
Russell 2000	+38.17	2,025.10	+1.92%	52 Wk Highs	110		52 Wk Highs	87
S&P 600	+21.09	1,293.01	+1.66%	52 Wk Lows	241		52 Wk Lows	218

Major Indices Rose With Lighter Volume Totals
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Dow climbed 344 points, while the S&P 500 jumped 1.1%, snapping a three-day losing streak. The Nasdaq Composite rallied 2%, posting its best day in nearly a month as Tech and growth-related led the gains. Volume totals reported were lighter than the prior session on the NYSE and on the Nasdaq exchange, hinting at lackluster institutional buying demand. Advancers led decliners by almost a 4-1 margin on the NYSE and almost a 3-1 margin on the Nasdaq exchange. There were 28 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 29 on the prior session. New 52-week lows totals still outnumbered new 52-week highs on the NYSE and on the Nasdaq exchange. The major indices are in an uptrend that has come under pressure (M criteria). Strict followers of the fact-based investment system only buy stocks fitting all key fundamental and technical investment criteria.

Chart courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average rose above its 50-day moving average (DMA) line with a gain on lighter volume.

U.S. stocks finished firmly higher on Wednesday as Wall Street assessed the unofficial start of first-quarter earnings season and another round of inflation data. Financials underperformed with JP Morgan Chase & Co. (JPM -3.22%) down on mixed results that included a 42% drop in year-over-year profit, partly attributed to a sizeable loss related to the market fallout from Russia invading Ukraine. In other earnings, Delta Air Lines Inc. (DAL +6.21%) rose after delivering a smaller-than-anticipated quarterly loss and offering upbeat guidance on summer bookings. The positive outlook spurred a rally among other travel-related stocks, with American Airlines Group Inc. (AAL +10.62%) and Marriott International Inc. (MAR +7.53%) both rising. In commodities, West Texas Intermediate crude added 3.6% to $104.26/barrel despite a larger-than-forecasted weekly buildup in domestic stockpiles.

Treasuries strengthened, with the yield on the 10-year note down three basis points (0.03%) to 2.69%. The more Fed-sensitive two-year note yield declined two basis points (0.02%) to 2.35% after yesterday dropping the most since late February (-0.13%) as a smaller-than-projected core Consumer Price Index (CPI) (ex-food and energy) eased expectations of ultra-aggressive monetary policy tightening from the Federal Reserve. Still, the headline CPI jumped 8.5% year-over-year, the most since December 1981. Investors evaluated another inflation reading today, with the Producer Price Index (PPI) climbing a larger-than-expected 11.2% year-over-year in March, representing the fastest pace on record.

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.

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

The tech sector saw unanimous gains from the Semiconductor Index ($SOX +2.36%), Biotech Index ($BTK +2.55%), and the Networking Index ($NWX +1.79%). The Retail Index ($RLX +2.27%) and Broker/Dealer Index ($XBD +1.82%) also posted gains while the Bank Index ($BKX +0.15%) finished little changed. Commodity-linked groups also had a positive bias as the Gold & Silver Index ($XAU +2.23%) Oil Services Index ($OSX +2.36%), and Integrated Oil Index ($XOI +1.40%) rounded out a solidly positive session.

Chart courtesy of www.stockcharts.com

PICTURED: The Retail Index ($RLX +2.27%) rebounded above Its 50-day moving average (DMA) but met resistance recently at its 200 DMA line. Subsequent gains above the 200 DMA line would bode well, meanwhile further deterioration would be a worrisome sign for the market outlook.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	84.00	+1.94	+2.36%	+59.33%
Integrated Oil	$XOI	1,627.66	+22.45	+1.40%	+38.15%
Semiconductor	$SOX	3,119.32	+71.85	+2.36%	-20.95%
Networking	$NWX	853.29	+15.01	+1.79%	-12.13%
Broker/Dealer	$XBD	446.56	+7.99	+1.82%	-8.28%
Retail	$RLX	3,774.79	+83.67	+2.27%	-10.69%
Gold & Silver	$XAU	167.62	+3.65	+2.23%	+26.55%
Bank	$BKX	118.34	+0.17	+0.15%	-10.50%
Biotech	$BTK	5,270.46	+131.07	+2.55%	-4.49%

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	$731.89	+16.10 2.25%	$732.98	526,178 73.28% of 50 DAV 50 DAV is 718,000	$747.42 -2.08%	3/14/2022	$647.95	PP = $673.96
								MB = $707.66
Most Recent Note - 4/12/2022 6:05:37 PM G - Pulled back today for a 2nd consecutive loss with lighter volume and closed near the session low. It has been repeatedly noted as extended from any sound base. Prior highs ($686 and $673) define initial support to watch above its 50 DMA line ($652.55). >>> FEATURED STOCK ARTICLE : Volume Totals Have Been Light While Hovering at All-Time High - 4/4/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
IMKTA - NASDAQ Ingles Markets Inc Cl A RETAIL - Grocery Stores	$93.68	-0.81 -0.86%	$96.09	113,470 99.54% of 50 DAV 50 DAV is 114,000	$96.80 -3.22%	4/11/2022	$96.25	PP = $95.75
								MB = $100.54
Most Recent Note - 4/12/2022 6:03:39 PM Y - There was a "negative reversal" today after 4 consecutive gains. Finished near the session low on the prior session after highlighted in yellow with pivot point cited based on its 3/21/22 high after a cup-with-high-handle base pattern. Subsequent gains backed by at least +40% above average volume and a strong close above the pivot point may clinch a technical buy signal. Reported Dec '21 earnings +31% on +17% sales revenues versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been very strong in recent years. See the latest FSU analysis for more details and an annotated graph. >>> FEATURED STOCK ARTICLE : Closed Near Session Low and Below Pivot Point Cited - 4/11/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SMPL - NASDAQ Simply Good Foods Co Food-Confectionery	$42.09	+0.69 1.67%	$42.39	607,247 103.45% of 50 DAV 50 DAV is 587,000	$43.50 -3.24%	4/13/2022	$41.79	PP = $43.27
								MB = $45.43
Most Recent Note - 4/13/2022 12:42:48 PM Y - Color code is changed to yellow with new pivot point cited based on its 1/04/22 high plus 10 cents. Subsequent gains and a close above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Feb '22 quarterly earnings +44% on +29% sales revenues versus the year ago period, its 4th strong quarterly comparison. Following volume driven gains to a new 52-week high last week there was a "negative reversal" on Friday and it has held its ground. Its choppy consolidation was above and below the 50 and 200 DMA lines since dropped from the Featured Stocks list on 1/21/22. >>> FEATURED STOCK ARTICLE : Violated 200 DMA Line With 4th Consecutive Loss - 1/21/2022 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
IMXI - Financial Svcs-Specialty	Microsoft VBScript runtime error '800a000d' Type mismatch: 'formatcurrency' /FeaturedStocks/featuredraw.asp, line 410

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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Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM^® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.