Mid-Day Breakouts Report - Thursday, October 14th, 2010

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Wednesday, March 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - THURSDAY, OCTOBER 14TH, 2010
Previous Mid Day Report Next Mid Day Report >>>

DOW 11063.46 -32.62 (-0.29%) | NASDAQ 2431.68 -9.55 (-0.39%) | S&P 500 1169.18 -8.92 (-0.76%)

Time of Screening : 10/14/2010 12:12:41 PM Report Released : 10/14/2010 1:45:57 PM
Price is: Above 52W High and Less Than 52W High but within 5% of the 52 Week High
Volume Is: At least 75% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Pivot Point
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
LFT -	$39.97	+0.27 0.68%	$40.86	709,759 175.42% of 50 DAV 50 DAV is 404,600	$41.77 -4.31%	10/14/2010	$39.97	PP = $41.87 MB = $43.96
Most Recent Note - 10/14/2010 1:00:31 PM Y - It has formed a 10-month long flat base and maintained a very strong sales revenues and earnings track record since dropped from the Featured Stocks list on 2/02/10. Color code is changed to yellow with pivot point based on its all-time high plus ten cents. Widespread strength in China-based issues combined with leadership in the Computer Software groups (L criteria) are reassuring signs. Patient and disciplined investors will resist the urge to get in "early" and wait for a proper buy signal, while it is now within -5% of its 52-week high after a streak of small gains with above average volume. >>> The latest Featured Stock Update with an annotated graph appeared on 1/26/2010. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SLW - NYSE Silver Wheaton Corp	$28.00	+0.52 1.89%	$28.39	4,965,858 84.42% of 50 DAV 50 DAV is 5,882,300	$28.39 -1.37%	8/25/2010	$21.40	PP = $21.99 MB = $23.09
Most Recent Note - 10/14/2010 1:19:14 PM G - Hit another new all-time high today, quietly wedging higher after a short consolidation. Its 50 DMA line defines chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 8/25/2010. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ALGN - NASDAQ - HEALTH SERVICES - Medical Appliances & Equipment Align Technology Inc	$20.75	+0.25 1.22%	$20.97	$20.97	-1.05%	506,180 86.16%	587,500
Most Recent Note for ALGN - 10/14/2010 12:15:28 PM Hit another new 52-week high today. Noted in the 2 prior mid-day reports before and after gapping up from a near 7-month cup shaped pattern - "Recent quarterly comparisons (C criteria) show strong sales and earnings increases with impressive acceleration, but it annual earnings (A criteria) history has been erratic. The Medical - Supplies group is currently low ranked, which is bad news concerning the L criteria."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
BORN - NYSE - FOOD & BEVERAGE - Beverages - Wineries & Distill China New Borun Corp Ads	$20.04	+2.15 12.02%	$20.20	$20.11	-0.35%	1,377,860 156.70%	879,300
Most Recent Note for BORN - 10/14/2010 12:17:13 PM Up considerably today, hitting a new high and getting very extended from a sound base after a streak of consecutive gains backed by above average volume. Noted in recent mid-day reports - "This Chinese Beverages - Alcoholic firm has shown strong sales and earnings increases. While it faces no resistance, recent action has been erratic and it is extended from any sound base after its $7.00 IPO on 6/11/10. Wider intra-day swings in recent sessions may be considered signs of uncertainty."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CEO - NYSE - ENERGY - Independent Oil & Gas C N O O C Ltd Adr	$213.50	+6.25 3.02%	$214.85	$216.50	-1.39%	163,410 77.81%	210,000
Most Recent Note for CEO - 10/14/2010 12:26:21 PM Perched within close striking distance of its all-time high today while on track for a 9th consecutive weekly gain, this is a huge Chinese Oil and Gas Exploration/Production firm. It gapped up again today while churning near its 2007-2008 highs. Its 2 most recent quarterly comparisons showed big sales revenues and earnings increases after a streak of at least 6 prior comparisons with earnings ranging from +6% to -54% versus the year ago period, below guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CHKP - NASDAQ - COMPUTER SOFTWARE & SERVICES - Security Software & Services Check Point Sftware Tech	$39.14	-0.61 -1.52%	$39.74	$39.98	-2.11%	1,871,993 84.95%	2,203,700
Most Recent Note for CHKP - 10/14/2010 12:29:05 PM Pulling back today from the new 52-week high it hit on the prior session. Noted in the 10/12/10 mid-day report - "Adding to a recent streak of gains after breaking out in late-September from a cup-with-handle type base completed since noted in the 8/25/10 mid-day report with an 18-week cup shaped base - 'This Israel-based Computer Software - Security firm has earned high ranks and has a history of steady sales revenues and earnings increases (not showing acceleration) below or borderline with fact-based investment system's minimum guidelines.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FSRV - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Firstservice Corp	$25.92	-0.28 -1.07%	$26.35	$26.40	-1.82%	21,954 85.09%	25,800
Most Recent Note for FSRV - 10/14/2010 12:30:00 PM This Canadian Real Estate firm has been recently churning lots of volume while inching to new 52 week highs. A streak of volume-driven gains was noted in recent mid-day reports as it was observed - "Historic earnings and sales revenues have been below guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GOLD - NYSE - METALS & MINING - Gold Barrick Gold Corporation	$105.18	+1.77 1.71%	$106.35	$106.44	-1.18%	587,171 88.70%	662,000
Most Recent Note for GOLD - 10/14/2010 12:31:29 PM Hovering near all-time highs with no overhead supply to act as resistance. Noted in the recent mid-day reports - "Earnings increases (C criteria) in the past 4 quarterly comparisons have been greater than the +25% minimum guideline, but its up and down annual earnings (A criteria) history is a concern. Disciplined investors might consider other high-ranked leaders from the Mining - Gold/Silver/Gems group currently listed on the Featured Stocks page."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GWW - NYSE - WHOLESALE - Electronics Wholesale Grainger W W Inc	$122.22	-3.09 -2.47%	$123.89	$126.05	-3.04%	772,908 123.33%	626,700
Most Recent Note for GWW - 10/14/2010 12:38:25 PM Recent quarters show improving sales revenues and earnings growth but the prior growth history for this Retail/Wholesale Building Products firm has been below the fact-based investment system's guidelines. Gapped down today from the all-time high reached on the prior session, enduring distributional pressure following its latest earnings news. It made steady progress after a bullish technical chart pattern was identified in the 9/13/10 mid-day report when noted - "Technically it is challenging its all-time high today after forming a reverse-head-and-shoulders type chart pattern over the past 6 months."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
HUM - NYSE - HEALTH SERVICES - Health Care Plans Humana Inc	$54.20	+0.40 0.74%	$55.31	$55.31	-2.01%	1,728,860 98.92%	1,747,700
Most Recent Note for HUM - 10/14/2010 12:47:10 PM Hit a new 52-week high today with its 6th consecutive gain, marking its first mid-day report appearance since 1/21/10 when it was noted - "Sub par sales revenues increases and its up and down annual earnings history raise fundamental concerns. Group leadership (the L criteria) has been a factor helping many healthcare companies in recent weeks, meanwhile policy-makers have met behind closed doors to negotiate healthcare reform plans which will impact the industry."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MGLN - NASDAQ - HEALTH SERVICES - Hospitals Magellan Health Services	$47.92	+0.07 0.15%	$48.15	$48.15	-0.48%	262,111 97.48%	268,900
Most Recent Note for MGLN - 10/14/2010 1:04:33 PM Inching to new 52-week highs in recent weeks with no resistance remaining due to overhead supply. The number of top-rated funds owning its shares fell from 128 in Sep '09 to 118 in Jun '10, not a reassuring sign. Noted in the prior mid-day reports - "Annual earnings (A criteria) history has been up and down since the company reorganized (01/06/04). Recent quarterly earnings increases (C criteria) have been well above the +25% guideline while sales revenues increases in the +17-18% range in the Mar and Jun '10 periods were an improvement from prior lackluster comparisons."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MNRO - NASDAQ - RETAIL - Auto Parts and Sercices Monro Muffler Brake	$48.00	+0.30 0.63%	$48.46	$48.93	-1.90%	143,709 78.53%	183,000
Most Recent Note for MNRO - 10/14/2010 1:06:56 PM Consolidating near all-time highs, not near a sound base, yet no resistance remains due to overhead supply. Noted in prior mid-day reports - "It and similar players in the auto-repair arena have shown recent strength while consumers are fixing their old cars and holding off on new car purchases. Earnings and sales revenues increases have been much stronger in recent quarterly comparisons. While the C criteria may be sufficiently satisfied, its annual earnings (A criteria) growth rate has been not especially strong. Additionally, in 6 of its 8 most recent quarterly earnings comparisons there are blue triangles beside the earnings figure on the chart service used by our experts - which indicates pre-tax, non-recurring items were included (where possible, such items are normally removed to provide data better suited for comparison)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
RENT - NASDAQ - WHOLESALE - Basic Materials Wholesale Rentrak Corp	$28.39	-0.48 -1.66%	$29.46	$29.46	-3.63%	74,468 184.33%	40,400
Most Recent Note for RENT - 10/14/2010 1:10:16 PM Reversed into the red after hitting another new all-time high today. Noted in the 10/13/10 mid-day report - "Rallied this week from a 10-week cup shaped base that included another test of support at its 200 DMA line. This Leisure- Movies and Related firm's fundamentals (earnings and sales history) are below the investment system's guidelines, yet its long-term moving average was a reliable support level as it made gradual progress since last noted in the 7/24/09 mid-day report."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
RIO - NYSE - METALS & MINING - Steel & Iron Rio Tinto Plc Adr	$65.69	+1.63 2.54%	$66.44	$66.44	-1.13%	2,001,824 84.21%	2,377,200
Most Recent Note for RIO - 10/14/2010 1:14:15 PM Gapped up and hit a new 52-week high today. Recent quarters showed improving sales revenues and earnings after a bad streak of negative quarterly comparisons versus the year ago period. Since it was last noted on 4/22/08 a downturn in its FY '09 earnings has marred its previously good annual earnings (A criteria) history.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SILC - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev Silicom Ltd	$15.40	+0.75 5.11%	$15.40	$15.40	-0.01%	32,229 138.92%	23,200
Most Recent Note for SILC - 10/14/2010 1:17:38 PM This Israeli manufacturer of Computer- Networking devices hit a new 52-week high today and stubbornly held its ground after recent volume-driven gains. Noted in recent mid-day reports - "Sales and earnings history are below the fact-based investment system's guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SVM - NYSE - METALS & MINING - Silver Silvercorp Metals Inc	$9.29	+0.39 4.38%	$9.47	$9.47	-1.90%	2,369,915 203.67%	1,163,600
Most Recent Note for SVM - 10/14/2010 1:26:24 PM This low-priced Canadian mining company's considerable gain today with heavy volume for a new 52-week high may catch the eye of some technical traders. Its 4 latest quarterly comparisons show strong sales revenues and earnings increases following negative comparisons in the prior 4 quarters. Last noted in the 5/13/10 mid-day report after a then recent surge to new highs, then it subsequently slumped below its 200 DMA line before rebounding impressively. Previously noted - "Poor annual earnings (A criteria) history is a fundamental concern."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
TSL - NYSE - ELECTRONICS - Semiconductor - Specialized Trina Solar Ltd Ads	$31.20	+0.47 1.53%	$31.89	$31.89	-2.16%	3,301,636 101.43%	3,255,100
Most Recent Note for TSL - 10/14/2010 1:32:34 PM Today it reached a new 52-week high and is perched within close striking distance of its 2007 all-time high. This China-based Energy - Solar firm's late-September gains on heavy volume helped it technically break out from a cup-with-high-handle type chart pattern. Recent quarterly comparisons showed great sales revenues and earnings increases after a worrisome streak of negative comparisons versus the year ago periods.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
UNP - NYSE - TRANSPORTATION - Railroads Union Pacific Corp	$86.14	-0.68 -0.78%	$86.53	$87.32	-1.35%	2,222,378 78.70%	2,823,700
Most Recent Note for UNP - 10/14/2010 1:33:45 PM Noted in the 10/13/10 mid-day report - "Gapped up today and hit a new 52-week high. Recent quarterly comparisons show improving sales and earnings after a streak of 4 consecutive negative comparisons. This Transportation - Rail firm's up and down annual earnings (A criteria) is below the fact-based investment system's guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
WIT - NYSE - COMPUTER SOFTWARE & SERVICES - Business Software & Services Wipro Ltd Adr	$16.66	+0.42 2.59%	$16.77	$16.77	-0.66%	355,844 80.69%	441,000
Most Recent Note for WIT - 10/14/2010 1:44:15 PM Gapped up for a second consecutive session today, hitting new 52-week highs after holding its recent gains stubbornly. Noted in the mid-day report on 10/08/10 after technically breaking out on 10/01/10 - "No overhead supply remains to act as resistance. However, it has a large supply of 2.44 billion shares (S criteria) outstanding, making it not a likely sprinter. Recent quarterly comparisons showed earnings increases above the +25% guideline, satisfying the C criteria. Sales revenues increases in the +10-21% are an improvement after a patch of weaker or negative comparisons. Its annual earnings (A criteria) history has also been mostly strong and steady. This Indian IT firm was was dropped from the Featured Stocks list on 2/28/07 and it subsequently sank from $17.51 to as low as $5.04 before rebounding."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

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. We are 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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.