FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - WEDNESDAY, JUNE 14TH, 2023

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Indices				NYSE			Nasdaq
DOW	-232.79	33,979.33	-0.68%	Volume	1,007,481,583	+9%	Volume	5,812,999,900	+5%
NASDAQ	+53.16	13,626.48	+0.39%	Advancers	1,101	39%	Advancers	1,675	38%
S&P 500	+3.58	4,372.59	+0.08%	Decliners	1,729	61%	Decliners	2,758	62%
Russell 2000	-22.24	1,874.10	-1.17%	52 Wk Highs	117		52 Wk Highs	184
S&P 600	-16.38	1,199.06	-1.35%	52 Wk Lows	18		52 Wk Lows	89

Major Averages Ended Mixed as Tech Strength Helped Nasdaq Lead
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Dow dropped 232 points (0.7%) while the S&P 500 rose 0.1% and the Nasdaq Composite increased 0.4%. Volume totals reported were higher on the NYSE and on the Nasdaq exchange versus the prior session. Breadth was negative with decliners leading advancers by about a 3-2 margin on the NYSE and by more than 3-2 on the Nasdaq exchange. There were 61 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 100 on the prior session. New 52-week highs totals contracted but still solidly outnumbered new 52-week lows totals on the NYSE and 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 Nasdaq Composite Index hit a new 2023 high and it is up +30.2% year-to-date. It is still -15.9% off its record high hit on 11/22/21.

Four of 11 sectors ended higher after U.S. equities whipsawed in the final hours of trading on Wednesday. The Federal Reserve (Fed) announced they were pausing interest rate hikes in June but indicated potential hikes in future months as the Fed assesses more economic data. On the data front, the monthly U.S. Producer Price Index (PPI) fell more than expected due to cheaper gasoline prices, pointing to continued easing in supply-side inflation.

Treasury yields were mixed today. The yield on the benchmark 10-year note dropped three basis points (0.03%) to 3.80%, while the 30-year bond yield decreased five basis points (0.05%) to 3.88%. The yield on the two-year note, which is more sensitive to changes in Fed policy, increased by three basis points (0.03%) to 4.70%. In commodities, West Texas Intermediate (WTI) crude dropped to $68.74/barrel. U.S. crude stockpiles increased by 7.9 million barrels signaling that there is no imminent shortage of supplies.

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.

Semiconductor, Networking, and Broker/Dealer Indexes Posted Gains
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam
The Bank ($BKX -1.83%) lost ground while the Broker/Dealer ($XBD +.92%) posted a small gain. The Retail ($RLX -0.33%) edged lower. The tech sector was mixed as the Semiconductor ($SOX +1.52%) and Networking ($NWX +0.61%) posted gains but the Biotech ($BTK -1.10%) lost ground. Commodity-linked groups ended lower with the Oil Services ($OSX -0.69%) and the Integrated Oil ($XOI-1.11%) both outpacing the Gold & Silver ($XAU -0.24%) to the downside.

Chart courtesy of www.stockcharts.com

PICTURED: The Retail ($RLX -0.33%) edged lower on Wednesday, but recent gains helped it hit new 2023 highs.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	76.22	-0.53	-0.69%	-9.12%
Integrated Oil	$XOI	1,648.17	-18.46	-1.11%	-7.78%
Semiconductor	$SOX	3,739.75	+56.08	+1.52%	+47.69%
Networking	$NWX	831.47	+5.02	+0.61%	+6.15%
Broker/Dealer	$XBD	470.94	+4.32	+0.92%	+4.86%
Retail	$RLX	3,355.87	-11.06	-0.33%	+21.85%
Gold & Silver	$XAU	123.30	-0.30	-0.24%	+2.02%
Bank	$BKX	81.01	-1.51	-1.83%	-19.68%
Biotech	$BTK	5,406.37	-60.27	-1.10%	+2.37%

Fell Below Pivot Point With Recent Volume-Driven Losses
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Coca-Cola Consolidated (COKE -$6.76 or -1.03% to $646.89) pulled back below its pivot point with today's 4th consecutive volume-driven loss. Recent lows in the $625 area define important near-term support above its 50-day moving average (DMA) line ($613). Fundamentals remain strong.

COKE was highlighted in yellow in the 5/04/23 mid-day report and covered in more detail that evening with an annotated graph under the headline "COKE is Showing Real Strength".Bullish action came after it reported Mar '23 quarterly earnings +93% on +12% sales revenues versus the year-ago period, continuing its strong earnings track record. COKE has a 99 Earnings Per Share Rating, well above the 80+ minimum for buy candidates. The 5 latest quarterly comparisons were well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been very strong after a slight downturn in FY '18.

The number of top-rated funds owning its shares rose from 379 in Jun '21 to 480 in Mar '23, a reassuring sign concerning the I criteria. Its current Up/Down Volume Ratio of 1.0 is an unbiased indication its shares have been under distributional pressure over the past 50 days. It has a Timeliness Rating of A and a Sponsorship Rating of C. There are only 5.8 million shares in the public float which can contribute to greater price volatility due to any buying or selling by the institutional crowd.

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
GPK - NYSE Graphic Packaging Paper and Paper Products	$25.82	-0.30 -1.15%	$26.28	6,223,440 209.05% of 50 DAV 50 DAV is 2,977,000	$27.56 -6.31%	10/25/2022	$22.75	PP = $24.17
								MB = $25.38
Most Recent Note - 6/14/2023 12:00:16 PM G - Slumping below its prior high in the $26 area with today's loss. There was a "negative reversal" on the prior session for a loss with heavy volume after hitting new all-time highs with 8 consecutive gains. It did not form a sound new base of sufficient length but quickly recovered after testing its 4/27/23 low. Reported Mar '23 quarterly earnings +60% on +9% sales revenues versus the year-ago period. >>> 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	$52.25	-0.90 -1.69%	$53.23	229,757 88.03% of 50 DAV 50 DAV is 261,000	$54.44 -4.02%	12/14/2022	$32.41	PP = $33.72
								MB = $35.41
Most Recent Note - 6/13/2023 5:17:30 PM G - Hit yet another new all-time high today but ended near the session low. It is very 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	$160.38	+2.04 1.29%	$161.79	359,084 131.05% of 50 DAV 50 DAV is 274,000	$162.75 -1.46%	4/27/2023	$148.85	PP = $152.23
								MB = $159.84
Most Recent Note - 6/12/2023 6:08:15 PM G - Color code is changed to green after hitting a new all-time high and closing above its "max buy" level with today's big gain backed by +19% above average volume. No resistance remains due to overhead supply. >>> FEATURED STOCK ARTICLE : Churning Action While Recently Hovering Near All-Time High - 5/12/2023 \| 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	$88.60	+0.34 0.39%	$89.08	158,058 83.63% of 50 DAV 50 DAV is 189,000	$91.23 -2.88%	6/9/2023	$88.61	PP = $91.33
								MB = $95.90
Most Recent Note - 6/14/2023 4:26:42 PM Y - Perched within striking distance of its 52-week high. Found support near its 50 DMA line ($85.63) during its recent consolidation. 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	$153.97	-1.39 -0.89%	$157.26	644,271 172.26% of 50 DAV 50 DAV is 374,000	$158.72 -2.99%	3/10/2023	$136.89	PP = $136.74
								MB = $143.58
Most Recent Note - 6/14/2023 11:57:49 AM G - Hovering near its all-time high, extended from any sound base. Its 50 DMA line ($143.65) defines near-term support to watch on pullbacks. Reported Mar '23 quarterly earnings +64% on +12% sales revenues versus the year-ago period. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Showed Resilience Near 50-Day Moving Average Following Sell-Off - 5/10/2023 \| 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	$179.42	+1.49 0.84%	$180.50	292,837 197.86% of 50 DAV 50 DAV is 148,000	$178.44 0.55%	4/24/2023	$150.01	PP = $157.56
								MB = $165.44
Most Recent Note - 6/14/2023 4:58:56 PM G - Hit yet another new 52-week high with today's 6th consecutive gain backed by +98% above average volume, getting very extended from any sound 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 : Pulled Back After Quietly Wedging to New Highs - 5/31/2023 \| 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	$315.45	-0.09 -0.03%	$316.57	281,447 69.84% of 50 DAV 50 DAV is 403,000	$316.36 -0.29%	4/25/2023	$262.85	PP = $257.51
								MB = $270.39
Most Recent Note - 6/13/2023 5:15:56 PM G - Hit yet another new all-time high with today's 6th consecutive gain, getting more extended from the prior base. Prior highs in the $263 area define initial support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Extended From Prior Base and Perched Near High - 6/1/2023 \| 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	$5,886.57	-43.06 -0.73%	$5,979.12	18,319 76.33% of 50 DAV 50 DAV is 24,000	$5,986.96 -1.68%	4/25/2023	$5,882.18	PP = $5,978.25
								MB = $6,277.16
Most Recent Note - 6/13/2023 5:14:42 PM G - Posted a 4th consecutive gain today with below-average volume. Its 50 DMA line ($5,747) defines near-term support above the recent low ($5,520 on 6/01/23). 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. Prior quarterly comparisons were well above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been very strong. >>> 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	$73.25	-0.64 -0.87%	$74.53	2,689,783 91.30% of 50 DAV 50 DAV is 2,946,000	$74.20 -1.28%	4/25/2023	$65.17	PP = $64.01
								MB = $67.21
Most Recent Note - 6/12/2023 6:12:42 PM G - Hit yet another new high with today's 2nd consecutive gain backed by below average volume, getting more 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 ($65) and recent low. >>> FEATURED STOCK ARTICLE : Rebounded Above "Max Buy" Level Toward Recent High - 6/2/2023 \| 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	$646.89	-6.76 -1.03%	$656.76	48,993 136.09% of 50 DAV 50 DAV is 36,000	$694.20 -6.82%	5/4/2023	$646.66	PP = $656.21
								MB = $689.02
Most Recent Note - 6/14/2023 4:54:01 PM Y - Pulled back below its pivot point with today's 4th consecutive volume-driven loss. Recent lows in the $625 area define important near-term support above its 50 DMA line. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> 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	$47.94	+0.84 1.78%	$48.11	472,277 114.35% of 50 DAV 50 DAV is 413,000	$48.39 -0.93%	5/15/2023	$43.56	PP = $44.15
								MB = $46.36
Most Recent Note - 6/14/2023 4:57:50 PM G - Posted a gain today backed by +14% above average volume for a best-ever close. Prior highs in the $44 area define initial support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Weak Finish After Early Gain When Perched Near All-Time High - 5/15/2023 \| 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	$169.08	+0.48 0.28%	$169.16	2,607,188 80.34% of 50 DAV 50 DAV is 3,245,000	$178.36 -5.20%	5/30/2023	$176.35	PP = $171.54
								MB = $180.12
Most Recent Note - 6/12/2023 6:05:36 PM Y - Posted a 3rd consecutive gain today with average volume. Stalled after recent gains triggered a technical buy signal. Its 50 DMA line ($154) defines important near-term support to watch. Fundamentals remain strong. See the latest FSU analysis for more details and a new annotated graph. >>> 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	$238.56	+4.93 2.11%	$239.63	5,651,422 126.60% of 50 DAV 50 DAV is 4,464,000	$234.50 1.73%	6/5/2023	$228.35	PP = $213.73
								MB = $224.42
Most Recent Note - 6/14/2023 4:56:30 PM G - Posted a 3rd consecutive gain today backed by +27% above average volume hitting a new all-time high and its color code is changed to green after rising above its "max buy" level. The prior high ($213) defines initial support to watch. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Palo Alto Powers to New Highs Again - 6/5/2023 \| 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	$92.07	+1.26 1.39%	$92.51	1,652,040 68.44% of 50 DAV 50 DAV is 2,414,000	$96.82 -4.91%	6/13/2023	$91.73	PP = $96.92
								MB = $101.77
Most Recent Note - 6/13/2023 12:39:52 PM Y - Color code is changed to yellow with pivot point cited based on its 3/23/23 high plus 10 cents. Gapped up today approaching prior highs after rebounding above its 50 DMA line ($85.23) on the prior session with a volume-driven gain. 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

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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