Mid-Day Breakouts Report - Monday, February 14th, 2011

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MIDDAY BREAKOUTS REPORT - MONDAY, FEBRUARY 14TH, 2011
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DOW 12260.96 -12.3 (-0.10%) | NASDAQ 2817.17 7.73 (0.28%) | S&P 500 1330.34 1.19 (0.09%)

Time of Screening : 2/14/2011 12:21:01 PM Report Released : 2/14/2011 1:41:08 PM
Price is: Above 52W High and Less Than 52W High but within 8% of the 52 Week High
Volume Is: At least 100% 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
NFLX - NASDAQ Netflix Inc	$246.01	+14.94 6.47%	$247.39	6,883,295 121.99% of 50 DAV 50 DAV is 5,642,400	$247.39 -0.56%	1/10/2011	$187.88	PP = $209.34 MB = $219.81
Most Recent Note - 2/14/2011 1:06:56 PM G - Considerable gain today with above average volume for yet another new all-time high. It is extended from a sound base, and prior high ($209) defines support to watch above its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 1/10/2011. Click here.
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PAY - NYSE Paymentus Holdings	$47.46	+2.44 5.42%	$47.48	1,704,524 113.57% of 50 DAV 50 DAV is 1,500,900	$48.00 -1.13%	1/27/2011	$41.77	PP = $44.97 MB = $47.22
Most Recent Note - 2/14/2011 1:15:46 PM G - Considerable gain today with above average volume for a new 52-week high, technically triggering a new (or add-on) technical buy signal, yet quickly getting extended beyond its "max buy" level. Color code is changed to green. >>> The latest Featured Stock Update with an annotated graph appeared on 1/27/2011. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ALU - NYSE - TELECOMMUNICATIONS - Wireless Equipment Alcatel-Lucent Ads	$4.69	+0.21 4.69%	$4.79	$4.81	-2.49%	85,863,757 492.56%	17,432,100
Most Recent Note for ALU - 2/14/2011 12:24:56 PM Recent quarters showed better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system.
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ARMH - NASDAQ - ELECTRONICS - Semiconductor - Specialized A R M Holdings Plc Ads	$31.21	+1.57 5.29%	$31.81	$31.81	-1.89%	5,886,471 106.36%	5,534,400
Most Recent Note for ARMH - 2/14/2011 12:26:13 PM Gapped up and hit a new 52-week high today. Getting more extended from a sound base after volume-driven gains following a break out from a "cup-with-handle" type base earlier. Prior mid-day reports noted -"No resistance remaining after recent volume-driven gains. Recent quarters show improving sales and earnings however its prior comparisons and annual earnings history (A criteria) are below the guidelines of the fact based investment system.'"
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BSQR - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software B Square Corp	$11.56	+0.78 7.27%	$11.63	$12.08	-4.27%	260,627 100.13%	260,300
Most Recent Note for BSQR - 2/14/2011 12:28:46 PM Approaching its 52-week high today. Consolidated above support at its 50 DMA line since the 1/11/11 mid-day report noted - "Extended from any sound base after a streak of volume-driven gains. Recent quarters show sales and earnings improving but prior history is below the fact-based system's guidelines."
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DTLK - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Datalink Corporation	$8.56	+0.42 5.18%	$8.93	$9.05	-5.40%	306,673 156.39%	196,100
Most Recent Note for DTLK - 2/14/2011 12:30:41 PM Near its 52-week high following a spurt of volume-driven gains in recent weeks. Prior mid-day reports noted - "Extended from any sound base following its 1/18/11 breakaway gap. Recent quarters showed better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
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FEIC - NASDAQ - ELECTRONICS - Diversified Electronics F E I Co	$32.01	+0.47 1.49%	$32.79	$32.99	-2.97%	494,352 135.11%	365,900
Most Recent Note for FEIC - 2/14/2011 12:31:34 PM Holding its ground since a gap up on 2/04/11 for a new 52 week high. Noted in prior mid-day reports - "Recent quarters showed lackluster sales revenues growth while earnings increases versus the year earlier were greatly improved. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
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FN - NYSE - ELECTRONICS - Specialized Electronics Fabrinet	$30.05	+0.05 0.17%	$31.30	$31.30	-3.99%	214,000 157.58%	135,800
Most Recent Note for FN - 2/14/2011 12:33:16 PM Hit another new high today, adding to a streak of gains with heavy volume for new highs. Prior mid-day report noted - "No overhead supply is there to act as resistance. It is up considerably from its 6/25/10 IPO at $10, and extended from any sound base. Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
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IPGP - NASDAQ - ELECTRONICS - Semiconductor - Integrated Circuits I P G Photonics Corp	$49.15	+2.60 5.59%	$49.35	$49.35	-0.41%	469,609 195.10%	240,700
Most Recent Note for IPGP - 2/14/2011 12:39:57 PM Up again today for a new high with above average volume. Held its ground following a considerable breakaway gap for a new all-time high on the prior session. Noted in recent mid-day reports - "Volume-driven gains this week helped it rally up from its 50 DMA line to new 52-week highs. The 11/1/10 mid-day report noted - 'Sales and earnings showed great improvement in the Jun and Sept quarters, however its prior history has been erratic and below guidelines of the fact-based system.'"
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IRBT - NASDAQ - CONSUMER DURABLES - Electronic Equipment Irobot Corp	$29.90	+0.00 0.00%	$30.07	$30.07	-0.57%	236,561 116.88%	202,400
Most Recent Note for IRBT - 2/14/2011 12:45:54 PM Recent quarterly comparisons had improved but decelerating sales revenues and earnings increases versus the year earlier. Sales revenues increased by +67%, +59%, +20% and +12% in the Mar, Jun, Sep, and Dec '10 quarters, respectively. It is also extended from any sound base pattern.
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JDSU - NASDAQ - ELECTRONICS - Diversified Electronics J D S Uniphase Corp	$28.34	+0.18 0.64%	$29.12	$29.12	-2.68%	24,010,092 347.74%	6,904,700
Most Recent Note for JDSU - 2/14/2011 12:48:45 PM Touched another new 52-week high today after 12 gains in the past 13 sessions with ever-increasing volume. Stubbornly held its ground following the previously noted considerable gap up gain on 2/04/11 in reaction to strong earnings news for the quarter ended December 31, 2010 versus the year-ago period. Noted in prior mid-day reports - "It has steadily risen since its 12/13/10 gap up gain above its April 2010 high. Recent quarters showed better sales and earnings increases versus the year earlier, but prior quarterly comparisons and annual earnings (A criteria) have not been strong and steady and are below the guidelines of the investment system."
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KS - NYSE - MANUFACTURING - Paper & Packaging Kapstone Paper&Packaging	$17.70	+0.32 1.84%	$17.90	$17.90	-1.12%	397,643 135.81%	292,800
Most Recent Note for KS - 2/14/2011 12:49:56 PM Touched another new 52-week high and all-time high today. It found support above its 50 DMA line and made steady progress since noted in the 12/17/10 mid-day report - "Perched near its 52-week and all-time high today after an orderly 5-week flat base above a longer base during which its 200 DMA line acted as support. Earnings history is below guidelines of the fact-based investment system."
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MERC - NASDAQ - MANUFACTURING - Paper & Packaging Mercer International Inc	$11.98	+0.59 5.18%	$12.18	$12.18	-1.64%	788,887 197.27%	399,900
Most Recent Note for MERC - 2/14/2011 12:52:10 PM Up today for a 5th gain in 6 sessions with above average volume and another new 52-week high. Prior mid-day reports noted - "Recent quarterly comparisons showed improved sales and earnings but its erratic earnings history falls below the investment system guidelines. This low-priced stock technically broke out on 11/02/10 with a gap up gain on heavy volume. It is perched near its 52-week high today. As previously noted, low-priced stocks are riskier candidates which are discouraged from being considered buy candidates the investment system guidelines."
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MERU - NASDAQ - TELECOMMUNICATIONS - Wireless Communications Meru Networks Inc	$21.82	+1.42 6.96%	$22.00	$22.00	-0.82%	417,228 348.85%	119,600
Most Recent Note for MERU - 2/14/2011 12:58:25 PM Perched near its 52-week high today after rallying last week with volume-driven gains and rising from a long base formed since its 3/31/10 IPO. No resistance remains in its way due to overhead supply. Fundamental concerns include decelerating sales revenues growth in recent quarterly comparisons, lower FY '11 earnings estimates, and the lack of a strong annual earnings history (A criteria).
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MPAA - NASDAQ - AUTOMOTIVE - Auto Parts Motorcar Parts Of Amer	$14.96	+0.26 1.77%	$14.97	$15.10	-0.93%	111,317 138.63%	80,300
Most Recent Note for MPAA - 2/14/2011 1:00:16 PM Building an orderly base-on-base type pattern. Recent quarters showed better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system.
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MRCY - NASDAQ - TELECOMMUNICATIONS - Communication Equipment Mercury Systems Inc	$19.69	+0.54 2.83%	$19.71	$20.75	-5.11%	128,378 101.24%	126,800
Most Recent Note for MRCY - 2/14/2011 1:02:11 PM Quarterly and annual earnings (A criteria) have been erratic and below guidelines, leaving fundamental concerns. It completed a new Public Offering on 2/11/11. Perched only -5.3% off its 52-week high today, building on an orderly base near its 50 DMA line.
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MTSC - NASDAQ - ELECTRONICS - Scientific & Technical Instrum M T S Systems Corp	$45.72	+1.82 4.15%	$46.72	$46.72	-2.14%	106,936 164.77%	64,900
Most Recent Note for MTSC - 2/14/2011 1:03:46 PM Gapped up and hit a new 52-week high today while posting an 11th consecutive gain. Recent quarters showed better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system.
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NDAQ - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Nasdaq Omx Group Inc	$29.04	+0.92 3.27%	$29.24	$29.24	-0.68%	3,444,877 125.09%	2,754,000
Most Recent Note for NDAQ - 2/14/2011 1:06:13 PM Steadily climbing to new 52-week highs since recent headlines announced that the NYSE is in merger talks with the Deutsch Bourse. Prior mid-day reports noted -"Based on weak technical action it was dropped from the Featured Stocks list on 1/16/08. It completed a Secondary Offering during the week ended 11/09/07 and survived but failed to impress since. Last shown in the Featured Stock Update section of the 10/26/07 After Market Update with detailed analysis and an annotated graph (read here)."
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NVO - NYSE - DRUGS - Drug Manufacturers - Other Novo Nordisk A/S Adr	$122.37	+3.60 3.03%	$122.39	$122.74	-0.30%	467,623 191.34%	244,400
Most Recent Note for NVO - 2/14/2011 1:08:26 PM After consolidating above its 50 DMA line, a gap up today for a 7th consecutive volume-driven gain has it surging to new all-time highs. Reported earnings +63% on +15% sales revenues for the quarter ended December 31, 2010, yet the 2/02/11 mid-day report and earlier reports noted - "It has earned high ranks after demonstrating strong steady annual earnings (A criteria) growth. Quarterly comparisons show sales and earnings increases mostly below guidelines of the fact-based investment system. Headlines were swirling in late-October over FDA approval of certain drugs while this Denmark-based Medical - Ethical Drug firm endured 2 big gaps down followed by a big gap up, with the rebound action indicative of prompt institutional support near its prior chart highs and 50 DMA line."
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PNRA - NASDAQ - LEISURE - Specialty Eateries Panera Bread Co Cl A	$118.46	+2.35 2.02%	$118.76	$119.49	-0.86%	604,858 147.45%	410,200
Most Recent Note for PNRA - 2/14/2011 1:20:14 PM Holding its ground today following a considerable gap up gain on 2/11/11 from below its 50 DMA line for new all-time highs. Slump below that important short-term average came well after it was last noted in the 12/30/10 mid-day report - "Its annual earnings results showed a small downturn in '07, which is a minor flaw concerning the A criteria which calls for 3-5 years of steady earnings growth. Quarterly sales revenues and earnings increases are not solidly meeting the guidelines with respect to the C criteria. The stock is somewhat heavily owned (percentage-wise) by funds relative to its management's small 6% reported ownership. Top-rated funds owning an interest decreased from 605 in Mar '09 to 585 in Sep '10, which is not good news concerning the I criteria (NOTE: Prior notes on this and other stocks cited top-rated US funds, and now our source is including foreign funds and hedge funds in their totals reported)."
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QNST - NASDAQ - MEDIA - Advertising Agencies Quinstreet Inc	$24.71	+1.46 6.28%	$24.74	$24.90	-0.76%	427,252 138.45%	308,600
Most Recent Note for QNST - 2/14/2011 1:21:12 PM Hit a new 52-week high with today's volume-driven gain. Prior mid-day reports noted - "Consolidating above support at its 50 DMA line and prior highs since it was last noted in the 1/13/11 mid-day report - "Earnings history is below guidelines."
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SBGI - NASDAQ - MEDIA - Broadcasting - TV Sinclair Broadcast Group	$11.99	-0.15 -1.24%	$12.20	$12.46	-3.77%	550,358 132.01%	416,900
Most Recent Note for SBGI - 2/14/2011 1:22:35 PM Perched at its 52-week high today after 5 consecutive volume-driven gains. Steadily rising since a 1/26/11 technical breakout. Prior mid-day reports noted - "Its earnings and sales history are below guidelines."
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SIMO - NASDAQ - ELECTRONICS - Semiconductor - Specialized Silicon Motion Tech Ads	$8.13	-0.18 -2.11%	$8.62	$8.62	-5.74%	458,244 128.58%	356,400
Most Recent Note for SIMO - 2/14/2011 1:23:26 PM Hit another new 52-week high today. Recent mid-day reports noted - "Held its ground following a considerable gap up gain on 2/01/11 after an analyst upgrade. Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system. It survived but failed to impress since dropped from the Featured Stocks list on 7/26/07."
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TNAV - NASDAQ - TELECOMMUNICATIONS - Wireless Communications Telenav Inc	$10.61	+0.07 0.66%	$10.79	$11.40	-6.93%	168,625 112.87%	149,400
Most Recent Note for TNAV - 2/14/2011 1:33:14 PM Perched near its 52-week high, a recent spurt of volume-driven gains has it in the best technical shape ever. A late-January breakout helped it clear virtually all resistance due to overhead supply created after its 5/13/10 IPO and choppy history. Its limited history is a concern and recent quarterly comparisons show sales revenues growth deceleration, meanwhile earnings increases (satisfying the C criteria) have been above the +25% guideline versus the year earlier.
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UCTT - NASDAQ - ELECTRONICS - Semiconductor - Specialized Ultra Clean Holdings Inc	$13.14	+0.06 0.46%	$13.23	$13.62	-3.52%	239,591 104.58%	229,100
Most Recent Note for UCTT - 2/14/2011 1:34:24 PM Hovering near its 52-week high. Holding its ground above prior highs since noted in prior mid-day reports after a streak of recent gains - "Recent quarters showed better sales and earnings increases versus losses the year earlier. Annual earnings (A criteria) growth have not been strong and steady. Last noted on 5/01/07 as this stock was removed from the CANSLIM.net Featured Stocks list."
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UFPT - NASDAQ - CONSUMER NON-DURABLES - Packaging & Containers U F P Tech Inc	$18.97	-1.54 -7.51%	$21.59	$21.59	-12.14%	651,611 611.27%	106,600
Most Recent Note for UFPT - 2/14/2011 1:38:50 PM Reversed into the red after initially gapping up a for a new 52-week high today. It has posted 11 consecutive weekly gains, and recent mid-day reports noted that its outlook has improved since it was dropped from the Featured Stocks list on 11/08/10. It is very extended from any sound base after rallying unhindered by overhead supply. Disciplined investors may watch for a pullback to its 10-week moving average or other secondary buy points and monitor it carefully while awaiting its results for the quarter ended December 31, 2010. Noted in prior mid-day reports after rising from a 12-week cup shaped base without a handle.
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