FACTBASEDINVESTING.COM - AFTER MARKET UPDATE

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AFTER MARKET UPDATE - WEDNESDAY, JULY 14TH, 2021

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Indices				NYSE			Nasdaq
DOW	+44.44	34,933.23	+0.13%	Volume	869,684,011	+12%	Volume	4,413,829,600	-2%
NASDAQ	-32.25	14,645.40	-0.22%	Advancers	1,342	42%	Advancers	1,314	31%
S&P 500	+4.43	4,373.64	+0.10%	Decliners	1,867	58%	Decliners	2,882	69%
Russell 2000	-36.50	2,202.36	-1.63%	52 Wk Highs	114		52 Wk Highs	95
S&P 600	-15.70	1,323.29	-1.17%	52 Wk Lows	36		52 Wk Lows	129

Breadth Negative as Major Indices Ended Mixed
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Dow added 44 points, while the S&P 500 edged 0.1% higher. The Nasdaq Composite dipped 0.2%. The mega-cap Nasdaq 100 rose 0.2% to a fresh all-time high, while the small-cap Russell 2000 shed 1.7%. The volume totals reported were mixed, higher than the prior session on the NYSE and lower on the Nasdaq exchange. Breadth was negative as decliners led advancers by a 3-2 margin on the NYSE and by more than 2-1 on the Nasdaq exchange. There were 25 high-ranked companies from the Leaders List that hit new 52-week highs and were listed on the BreakOuts Page, versus 23 on the prior session. New 52-week highs totals contracted yet still outnumbered new 52-week lows on the NYSE, but new lows outnumbered new highs on the Nasdaq exchange. The major indices (M criteria) are in an uptrend. Investors are reminded to always make buying and selling decisions on case-by-case basis under the strict criteria and rules of the fact-based investment system.

Chart courtesy of www.stockcharts.com

PICTURED: The Dow Jones Industrial Average is perched within striking distance of its record high.

U.S. stocks finished little changed on Wednesday as investors digested corporate earnings results and another stronger-than-expected inflation reading. Also garnering attention, Fed Chair Jerome Powell stated that the U.S. economy had not yet progressed enough to warrant the dialing back of monetary stimulus during his semi-annual congressional testimony.

Six of 11 S&P 500 sectors closed in negative territory, with the more traditionally defensive groups outperforming. Technology was also among the standouts, with Apple (AAPL +2.41%) rose to a new record level after reportedly preparing its suppliers for a ramp-up in production of its new iPhone by 20% year-over-year. Financials lagged as earnings failed to impress. Bank of America (BAC -2.51%) fell after reporting revenue that missed consensus forecasts. Elsewhere, Delta Air Lines (DAL -1.57%) fell despite delivering its first quarterly profit since late 2019, while American Airlines (AAL +3.00%) rose after forecasting positive free cash flow and being the subject of an analyst upgrade.

On the data front, producer prices unexpectedly jumped 1% last month, up from the previous 0.8% gain. Treasuries strengthened, with the yield on the 10-year note down five basis points to 1.35%. In commodities, WTI crude dropped 3.4% to $72.72/barrel after OPEC+ struck a preliminary production agreement with the United Arab Emirates, resolving the recent deadlock in negotiations. In FOREX trading, a gauge of the U.S. dollar retreated 0.4%.

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, Networking and Gold & Silver Indexes Outpaced Weaker Groups
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

The Broker/Dealer Index ($XBD -0.98%) and Bank Index ($BKX -0.38%) both lost ground and weighed on the major averages. The Retail Index ($RLX +0.26%) eked out a small gain. The Biotech Index ($BTK -1.26%) led the tech sector lower while the Semiconductor Index ($SOX -0.45%) suffered a smaller loss and the Networking Index ($NWX +0.15%) inched higher. The Oil Services Index ($OSX -3.64%) and Integrated Oil Index ($XOI -3.24%) both suffered large losses while the Gold & Silver Index ($XAU +0.60%) eked out a small gain.

Chart courtesy of www.stockcharts.com

PICTURED: The Gold & Silver Index ($XAU +0.60%) recently slumped below its 200-day moving average (DMA) line and has been lingering below that important long-term average.

Industry Index	Symbol	Close	Change	% Change	YTD % Change
Oil Services	$OSX	58.97	-2.23	-3.64%	+33.02%
Integrated Oil	$XOI	1,059.23	-35.46	-3.24%	+33.66%
Semiconductor	$SOX	3,285.99	-14.82	-0.45%	+17.55%
Networking	$NWX	857.12	+1.31	+0.15%	+19.52%
Broker/Dealer	$XBD	460.22	-4.55	-0.98%	+21.88%
Retail	$RLX	4,157.16	+10.93	+0.26%	+16.67%
Gold & Silver	$XAU	141.46	+0.84	+0.60%	-1.89%
Bank	$BKX	123.49	-0.47	-0.38%	+26.12%
Biotech	$BTK	5,710.60	-73.10	-1.26%	-0.50%

Held Ground But Made Little Price Progress Since Featured
Kenneth J. Gruneisen - Passed the CAN SLIM® Master's Exam

Avantor Inc (AVTR $36.05) has stubbornly held its ground but made little progress since triggering a technical buy signal. Prior highs and its 50-day moving average (DMA) line coincide in the $33 area defining important support to watch on pullbacks.

AVTR was highlighted in the 6/10/21 mid-day report (read here) yellow with pivot point cited based on its 4/29/21 high plus 10 cents. An annotated graph was included with additional analysis that evening under the headline, "Medical Research Firm Challenging Prior High".

It has an Earnings Per Share Rating of 97 based on strong fundamentals. The Mar '21 quarter marked its 3rd consecutive quarterly comparison with earnings above the year ago period by at least the +25% minimum guideline (C criteria). Annual earnings growth has been strong (A criteria).

Following its $14 IPO on 5/17/19 it completed Secondary Offerings on 5/21/20, 8/21/20 and 11/09/20. The high-ranked Medical-Research Eqp/Svc firm has seen the number of top-rated funds owning its shares rise from 562 in Jun '20 to 1,088 in Jun '21 a reassuring sign concerning the I criteria. Its current Up/Down Volume ratio of 1.1 is an unbiased indication its shares have been under slight accumulation over the past 50 days. It has a Timeliness Rating of A and a Sponsorship Rating of B.

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
SIVB - NASDAQ S V B Financial Group BANKING - Regional - Pacific Banks	$580.23	+1.38 0.24%	$590.09	351,533 93.00% of 50 DAV 50 DAV is 378,000	$608.84 -4.70%	4/23/2021	$579.70	PP = $577.16
								MB = $606.02
Most Recent Note - 7/12/2021 1:00:49 PM Y - With today's 2nd consecutive big gain it has rebounded above its 50 DMA line ($569.40) to nearly challenge its 52-week high and little resistance remains. Previously noted - "Confirming gains above the pivot point backed by at least +40% above average volume are still needed to help clinch a convincing technical buy signal. Reported earnings +293% on +64% sales revenues for the Mar '21 quarter versus the year ago period, its 3rd strong comparison. Completed a new Public Offering on 3/24/21." >>> FEATURED STOCK ARTICLE : Consolidating Near 50-Day Average After Distributional Pressure - 6/25/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
LOGI - NASDAQ Logitech Intl Sa COMPUTER HARDWARE - Computer Peripherals	$121.13	-1.10 -0.90%	$122.71	425,124 52.88% of 50 DAV 50 DAV is 804,000	$140.17 -13.58%	5/26/2021	$119.13	PP = $120.34
								MB = $126.36
Most Recent Note - 7/13/2021 5:31:44 PM Y - Color code is changed to yellow after today's 4th consecutive small loss with below average volume, consolidating below its "max buy" level. Retesting near prior highs in the $120-117 area which define important support to watch along with its 50 DMA line ($120.61). >>> FEATURED STOCK ARTICLE : Recent Pullback is Testing Important Technical Support - 7/2/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CROX - NASDAQ Crocs Inc CONSUMER NON-DURABLES - Textile - Apparel Footwear	$116.62	-0.44 -0.38%	$120.92	749,125 50.11% of 50 DAV 50 DAV is 1,495,000	$118.68 -1.74%	6/14/2021	$112.64	PP = $110.01
								MB = $115.51
Most Recent Note - 7/14/2021 4:52:10 PM G - There was a "negative reversal" today after touching a new all-time high above its "max buy" level. Its 50 DMA line ($107.57) defines important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Quietly Consolidating Below "Max Buy" Level - 7/7/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CRL - NYSE Charles River Labs Intl DRUGS - Biotechnology	$382.29	-0.80 -0.21%	$384.16	199,728 28.61% of 50 DAV 50 DAV is 698,000	$386.57 -1.11%	6/9/2021	$345.91	PP = $349.23
								MB = $366.69
Most Recent Note - 7/13/2021 5:26:46 PM G - Volume totals have been cooling. Below average volume was behind recent gains as it wedged into record high territory. Prior highs in the $349 area and its 50 DMA line ($348) define near-term support to watch on pullbacks. Two of the past 3 quarterly comparisons through Mar '21 have been above the +25% minimum earnings guideline (C criteria). See the latest FSU analysis for more details and a new annotated graph. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Perched at High - 7/13/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
GNRC - NYSE Generac Hldgs Inc Electrical-Power/Equipmt	$436.73	-8.50 -1.91%	$449.91	831,412 109.68% of 50 DAV 50 DAV is 758,000	$452.92 -3.57%	6/8/2021	$348.46	PP = $342.38
								MB = $359.50
Most Recent Note - 7/14/2021 4:01:32 PM G - Volume was lighter today as it pulled back from its all-time high. Very extended from the previously noted base. Prior high ($364) and its 50 DMA line ($356.67) defines support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Gain for New High Leaves GNRC Very Extended From Prior Base - 7/12/2021 \| 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
CAMT - NASDAQ Camtek Ltd ELECTRONICS - Scientific and Technical Instrum	$34.47	-0.95 -2.68%	$36.27	234,139 79.37% of 50 DAV 50 DAV is 295,000	$40.47 -14.83%	4/28/2021	$35.03	PP = $35.34
								MB = $37.11
Most Recent Note - 7/14/2021 3:58:17 PM Y - Pulling back today with below average volume but retesting support near its 50 DMA line ($34.57). More damaging losses would raise greater concerns and trigger a technical sell signal. >>> FEATURED STOCK ARTICLE : Loss With Light Volume Undercut 50-Day Moving Average - 7/8/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
ASML - NASDAQ A S M L Holding N.V. NY ELECTRONICS - Semiconductor Equipment and Mate	$716.51	+10.09 1.43%	$723.01	817,068 107.94% of 50 DAV 50 DAV is 757,000	$710.97 0.78%	5/25/2021	$669.59	PP = $675.75
								MB = $709.54
Most Recent Note - 7/14/2021 12:08:15 PM Y - Gapped up today and hit a new all-time high. Recently tested its 50 DMA line ($672) which defines important near-term support. More damaging losses would raise concerns and trigger technical sell signals. >>> FEATURED STOCK ARTICLE : Volume Higher While Pulling Back Toward 50-Day Moving Average - 7/1/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
MED - NYSE Medifast Inc SPECIALTY RETAIL - Specialty Retail, Other	$268.08	-8.49 -3.07%	$279.92	68,563 55.74% of 50 DAV 50 DAV is 123,000	$336.99 -20.45%	5/11/2021	$285.72	PP = $279.56
								MB = $293.54
Most Recent Note - 7/14/2021 4:03:44 PM G - Slumped further below its 50 DMA line ($291) today with lighter volume. More damaging losses below the prior low ($258.77 on 6/17/21) would raise greater concerns and trigger a worrisome technical sell signal. >>> FEATURED STOCK ARTICLE : Halted 10-Session Losing Streak Near Prior High and 50 DMA - 6/15/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLFD - NASDAQ Clearfield Inc TELECOMMUNICATIONS - Cables / Satalite Equipment	$36.13	-0.47 -1.28%	$37.53	55,198 47.58% of 50 DAV 50 DAV is 116,000	$43.64 -17.21%	6/4/2021	$40.01	PP = $40.36
								MB = $42.38
Most Recent Note - 7/14/2021 4:40:00 PM G - Quietly sputtering below its 50 DMA line ($37.18) again with today's 3rd consecutive loss on light volume. Faces some resistance due to overhead supply up to the $43 level. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Consolidating Above 50-Day Moving Average Helped Outlook - 6/30/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
POOL - NASDAQ Pool Corp WHOLESALE - Basic Materials Wholesale	$468.77	-2.11 -0.45%	$473.07	235,523 93.83% of 50 DAV 50 DAV is 251,000	$478.67 -2.07%	6/21/2021	$455.09	PP = $449.54
								MB = $472.02
Most Recent Note - 7/12/2021 5:22:57 PM G - Perched at its 52-week high and its color code is changed to green after getting extended from the latest base. Prior highs in the $449-444 range define initial support to watch above its 50 DMA line ($442) on pullbacks. >>> FEATURED STOCK ARTICLE : Volume-Driven Breakout After Orderly Consolidation - 6/21/2021 \| 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
FSBW - NASDAQ F S Bancorp Banks-West/Southwest	$70.99	+1.44 2.07%	$71.00	13,302 88.68% of 50 DAV 50 DAV is 15,000	$73.62 -3.57%	5/18/2021	$70.16	PP = $73.72
								MB = $77.41
Most Recent Note - 7/12/2021 12:47:52 PM Y - Still perched within striking distance of the pivot point cited based on its 3/08/21 high plus 10 cents. Near its 50 DMA line ($70.14) it has found prompt support during its ongoing ascent. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. >>> FEATURED STOCK ARTICLE : Still Consolidating With Close Striking Distance of All-Time High - 6/24/2021 \| 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	$36.64	-0.15 -0.41%	$36.86	367,931 66.17% of 50 DAV 50 DAV is 556,000	$38.50 -4.83%	12/28/2020	$30.40	PP = $31.44
								MB = $33.01
Most Recent Note - 7/14/2021 3:55:03 PM G - Pulling back today for a 3rd consecutive small loss. Volume totals have been cooling after hitting a new all-time high on 7/01/21. Prior highs in the $35 area define near-term support to watch along with its 50 DMA line ($35.22). Reported May '21 quarterly earnings +65% on +32% sales revenues versus the year ago period, well above the +25% minimum earnings guideline (C criteria). >>> FEATURED STOCK ARTICLE : Simply Wedging Into New High Territory - 6/14/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
SHOP - NYSE Shopify Inc Cl A Computer Sftwr-Enterprse	$1,463.00	-53.47 -3.53%	$1,550.00	1,447,247 100.85% of 50 DAV 50 DAV is 1,435,000	$1,587.74 -7.86%	7/2/2021	$1,468.00	PP = $1,552.23
								MB = $1,629.84
Most Recent Note - 7/14/2021 3:52:26 PM Y - Reversed into the red today after early gains and a "negative reversal" was noted on 7/07/21 after hitting a new high. A new pivot point was recently cited based on its 6/21/21 high while building on a cup-with-high-handle base. Confirming gains with at least +40% above average volume for new highs would trigger a new (or add-on) technical buy signal and be a reassuring sign of fresh institutional buying demand. >>> FEATURED STOCK ARTICLE : Rebounding After Choppy 4-Month Consolidation - 6/16/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
YETI - NYSE Yeti Holdings Inc Leisure-Products	$91.00	-1.32 -1.43%	$96.62	750,928 51.36% of 50 DAV 50 DAV is 1,462,000	$95.76 -4.97%	5/13/2021	$84.20	PP = $90.65
								MB = $95.18
Most Recent Note - 7/14/2021 3:56:46 PM Y - Reversed into the red after today's early gain touched a new 52-week high. The 50 DMA line ($89.42) and prior low ($85.08 on 6/18/21) define near-term support to watch on pullbacks. Fundamentals remain strong. >>> FEATURED STOCK ARTICLE : Volume Totals Cooling While Consolidating Near High - 7/9/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
DOCU - NASDAQ Docusign Inc Computer Sftwr-Enterprse	$275.43	-8.25 -2.91%	$285.98	1,697,791 53.90% of 50 DAV 50 DAV is 3,150,000	$298.75 -7.81%	7/6/2021	$288.96	PP = $290.33
								MB = $304.85
Most Recent Note - 7/14/2021 3:59:10 PM Y - Pulling back today for a 2nd consecutive loss with lighter volume after wedging into new high territory with gains in recent weeks lacking great volume conviction. Highlighted in yellow with pivot point cited based on its 9/02/20 high plus 10 cents. A gain and strong close above the pivot point cited backed by at least +40% above average volume may trigger a convincing new (or add-on) technical buy signal. Fundamentals remain strong after reporting very strong Apr '21 quarterly results. >>> FEATURED STOCK ARTICLE : Touched New High With Average Volume Behind Today's Gain - 7/6/2021 \| 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
JEF - NYSE Jefferies Financial Grp Finance-Invest Bnk/Bkrs	$33.64	+1.72 5.39%	$35.69	6,182,651 297.82% of 50 DAV 50 DAV is 2,076,000	$34.98 -3.83%	6/28/2021	$31.81	PP = $34.42
								MB = $36.14
Most Recent Note - 7/14/2021 12:15:35 PM Y - Color code is changed to yellow after a gap up today and big volume-driven gain. Prompt rebound above the 50 DMA line ($32.06) helped its outlook improve. As previously noted - "Subsequent gains above the pivot point backed by at least +40% above average volume are necessary to trigger a technical buy signal." >>> FEATURED STOCK ARTICLE : High-Ranked Financial Firm Formed "Double Bottom" Base - 6/28/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
CLAR - NASDAQ Clarus Corporation Leisure-Products	$27.94	+0.40 1.45%	$28.14	152,481 68.38% of 50 DAV 50 DAV is 223,000	$28.21 -0.96%	5/12/2021	$21.40	PP = $19.73
								MB = $20.72
Most Recent Note - 7/12/2021 5:20:49 PM G - Posted a big gain with below average volume and hit a new 52-week high today. It did not form a sound base of sufficient length. Its 50 DMA line ($23.46) defines important near-term support to watch. >>> FEATURED STOCK ARTICLE : Encountering Distributional Pressure After Recent Rally - 6/17/2021 \| View all notes \| Set NEW NOTE alert \| Company Profile \| SEC News \| Chart \| Request a new note C A S I
AVTR - NYSE Avantor Inc Medical-Research Eqp/Svc	$36.04	+0.01 0.03%	$36.11	3,846,329 97.30% of 50 DAV 50 DAV is 3,953,000	$36.50 -1.26%	6/10/2021	$32.94	PP = $34.09
								MB = $35.79
Most Recent Note - 7/14/2021 4:32:50 PM G - Stubbornly holding its ground but making little progress since triggering a technical buy signal. Prior highs in the $33 area coincide with its 50 DMA line defining important support to watch on pullbacks. >>> FEATURED STOCK ARTICLE : Held Ground But Made Little Price Progress Since Featured - 7/14/2021 \| 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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