Mid-Day Breakouts Report - Thursday, March 2nd, 2023

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MIDDAY BREAKOUTS REPORT - THURSDAY, MARCH 2ND, 2023
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DOW 32755.47 93.63 (0.29%) | NASDAQ 11325.18 -54.3 (-0.48%) | S&P 500 3944.73 -6.66 (-0.17%)

Time of Screening : 3/2/2023 12:22:07 PM Report Released : 3/2/2023 1:30:07 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
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NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Axcelis Technologies Inc	$126.52	-5.72 -4.33%	$128.15	$132.98	-4.86%	1,411,253 255.66%	552,000
Most Recent Note for ACLS - 3/2/2023 12:24:29 PM Pulling back today, retreating from its 52-week high. The 2/09/23 mid-day report noted - "Reported Dec '22 quarterly earnings +63% on +29% sales revenues versus the year ago period, its 11th strong quarterly comparison. Up and down annual earnings (A criteria) history is not a great match with the fundamental guidelines of the fact-based investment system."
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ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Axcelis Technologies Inc	$126.52	-5.72 -4.33%	$128.15	$132.98	-4.86%	1,411,253 255.66%	552,000
Most Recent Note for ACLS - 3/2/2023 12:30:39 PM Gapped down today then recovered from the early low, retreating from its 52-week high after getting very extended from any sound base. Reported Dec '22 quarterly earnings +63% on +29% sales revenues versus the year ago period, its 11th strong quarterly comparison. There was a downturn in FY '19 annual earnings (A criteria) history followed by strong growth.
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AEIS - NASDAQ - ELECTRONICS - Diversified Electronics Advanced Energy Inds	$92.66	-0.81 -0.87%	$92.74	$101.00	-8.26%	143,127 82.73%	173,000
Most Recent Note for AEIS - 3/2/2023 12:37:33 PM Reported earnings +25% on +24% sales revenues for the Dec '22 quarter versus the year ago period. Fundamental concerns remain. Prior quarterly comparisons have not been strong and steady. Annual earnings history has been up and down, not a good match with the fact-based investment system's guidelines (A criteria).
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BBSI - NASDAQ - DIVERSIFIED SERVICES - Staffing & Outsourcing Service Barrett Business Svcs	$90.97	-5.87 -6.06%	$99.68	$100.85	-9.80%	128,164 237.34%	54,000
Most Recent Note for BBSI - 3/2/2023 12:40:36 PM Violating its 50 DMA line ($95.72) with today's big volume-driven loss, abruptly retreating from near its 52-week high. Reported Dec '22 quarterly earnings +19% on +6% sales revenues versus the year ago period and fundamental concerns remain. Prior mid-day reports cautioned members "Prior quarterly and annual earnings (C and A criteria) history has not been strong and steady."
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CHE - NYSE - DIVERSIFIED SERVICES - Consumer Services Chemed Corporation	$524.21	-0.19 -0.04%	$525.86	$539.13	-2.77%	51,330 68.44%	75,000
Most Recent Note for CHE - 3/2/2023 12:42:20 PM Reported earnings +3% on +1% sales revenues for the Dec '22 quarter versus the year ago period. Prior mid-day reports cautioned members - "Sales revenues growth rate has been flat while prior quarterly earnings comparisons were also well below the +25%* minimum guideline (C criteria). Annual earnings growth has been steady."*
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CRAI - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services C R A International Inc	$116.37	-8.79 -7.02%	$122.00	$128.10	-9.16%	90,219 145.51%	62,000
Most Recent Note for CRAI - 3/2/2023 12:44:44 PM Gapped down today and violated its 50 DMA line ($121). Met stubborn resistance in the $125-126 area in recent weeks. Reported earnings +4% on +8% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons were also below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady.
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CRH - NYSE - Bldg-Cement/Concrt/Ag C R H Plc Adr	$51.58	+4.12 8.68%	$51.59	$48.85	5.59%	943,885 145.44%	649,000
Most Recent Note for CRH - 3/2/2023 12:47:22 PM Irish Building - Cement firm has an erratic earnings (C and A criteria) history. Gapped up today on geopolitical news. Fundamental concerns remain. Rebounding toward its all-time high after a deep consolidation since noted with caution in the 2/02/22 mid-day report.
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DXCM - NASDAQ - Medical-Systems/Equip Dexcom Inc	$117.84	+7.08 6.39%	$118.40	$134.77	-12.56%	1,802,842 72.03%	2,503,000
Most Recent Note for DXCM - 3/2/2023 12:50:13 PM Rallying up from its 50 DMA line ($111) toward recent highs. Reported improved Sep and Dec '22 quarterly results versus the year-ago periods. Prior quarterly and annual earnings history has been sub par.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$51.83	+0.03 0.06%	$51.84	$52.62	-1.50%	1,035,090 115.39%	897,000
Most Recent Note for FOCS - 3/2/2023 12:50:52 PM Held its ground since a gap up on 2/02/23 on M&A news. Reported Dec '22 quarterly earnings -10% on +5% sales revenues versus the year ago period. Noted in prior mid-day reports - "Faces resistance due to overhead supply up to the $69 level. The Jun and Sep '22 quarterly earnings increases were below the +25% minimum guideline (C criteria) versus the year ago periods."
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GEF - NYSE - Containers/Packaging Greif Inc Cl A	$66.42	-7.17 -9.74%	$69.75	$74.22	-10.51%	376,242 217.48%	173,000
Most Recent Note for GEF - 3/2/2023 12:55:06 PM Retreating abruptly from near its 52-week high, violating its 50 DMA line ($69.39) and testing its 200 DMA line ($66.64). Reported Oct '22 and Jan '23 quarterly earnings and sales revenues down versus the year ago periods. Noted with caution in prior mid-day reports - "Annual earnings history (A criteria) had a downturn in FY '20, not a match with the fact-based investment system's strict fundamental guidelines."
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GPC - NYSE - WHOLESALE - Auto Parts Wholesale Genuine Parts Co	$169.51	+0.15 0.09%	$170.17	$187.73	-9.71%	698,068 72.72%	960,000
Most Recent Note for GPC - 3/2/2023 12:58:14 PM Slumping below its 50 DMA line ($171) with 5 consecutive volume-driven losses. It was perched within striking distance of its all-time high when last noted with caution in the 2/23/23 mid-day report - "Reported Dec '22 quarterly earnings +15% on +15% sales revenues. Fundamentals are not a match with the C and A criteria."
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HCCI - NASDAQ - Pollution Control Heritage-Crystal Clean	$34.20	-2.96 -7.97%	$37.43	$38.85	-11.97%	93,582 79.98%	117,000
Most Recent Note for HCCI - 3/2/2023 1:02:12 PM Undercutting its 50 DMA line and slumping below prior highs in the $30 area with today's big volume-driven loss. It was perched near its 52-week high. Weak action came after it reported Dec '22 quarterly earnings +0% on +42% sales revenues versus the year ago period. Prior quarterly comparisons were stronger. Annual earnings (A criteria) history has been up and down, not a match with the fact-based investment system's fundamental guidelines.
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NGVT - NYSE - Chemicals-Specialty Ingevity Corporation	$82.45	-0.98 -1.17%	$83.11	$90.81	-9.21%	139,914 65.69%	213,000
Most Recent Note for NGVT - 3/2/2023 1:03:42 PM Held its ground above its 50 DMA line since a noted gap down on 2/28/23 for a big volume-driven loss, retreating from near its 52-week high. Reported Dec '22 quarterly earnings -27% on +14% sales revenues versus the year ago period. Prior quarterly earnings increases have not been strong and steady above the +25% minimum guideline (C criteria).
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NRP - NYSE - ENERGY - Coal Natural Resource Pts LP	$61.32	+4.32 7.58%	$63.01	$58.02	5.69%	64,561 189.89%	34,000
Most Recent Note for NRP - 3/2/2023 1:08:38 PM Hitting a new 52-week high with a gap up today adding to a streak of gains, getting extended from any sound base. Bullish action came after reporting Dec '22 quarterly earnings +107% on +16% sales revenues. Found support when consolidating near its 200 DMA line in recent months. Recent quarterly comparisons through Sep '22 have been very strong versus the year ago periods. Annual earnings (A criteria) history has been erratic.
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NVEC - NASDAQ - ELECTRONICS - Semiconductor - Specialized N V E Corp	$76.40	-1.45 -1.86%	$77.92	$77.99	-2.04%	38,197 119.37%	32,000
Most Recent Note for NVEC - 3/2/2023 1:13:33 PM Found support after a gap down on 1/26/23 testing its 50 DMA line ($72.14). Faces little resistance due to overhead supply up to the $81 level. Reported Dec '22 quarterly earnings +22% on +18% sales revenues versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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ON - NASDAQ - Elec-Semiconductor Mfg O N Semiconductor Corp	$74.49	-3.74 -4.78%	$75.02	$87.55	-14.92%	8,179,951 120.17%	6,807,000
Most Recent Note for ON - 3/2/2023 1:16:07 PM Tested its 50 DMA line ($72.08) after gapping down. Pulled back from its 52-week high with volume-driven losses. Prior mid-day reports noted - "Reported Dec '22 quarterly earnings +21% on +14% sales revenues versus the year ago period, breaking a streak of 7 strong quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been up and down, not strong and steady."
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PRI - NYSE - Insurance-Life Primerica Inc	$184.95	-6.18 -3.23%	$189.88	$195.69	-5.49%	132,957 93.63%	142,000
Most Recent Note for PRI - 3/2/2023 1:17:42 PM Pulling back after spiking to a new all-time high with volume-driven gains noted in an impressive spurt higher. This huge Insurance - Life firm is a component of the Dow Jones Industrial Average. Reported earnings +19% on -5% sales revenues for the Dec '22 quarter. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria). and sub par sales revenues growth remains a concern.
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SCM - NYSE - Finance-Investment Mgmt Stellus Cap Investment	$14.81	-0.76 -4.87%	$15.25	$16.08	-7.89%	133,745 142.28%	94,000
Most Recent Note for SCM - 3/2/2023 1:19:41 PM Retreating abruptly from its 52-week high with 4 volume-driven losses. Reported strong Sep and Dec '22 quarterly results versus the year ago periods. Prior quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's guidelines.
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STM - NYSE - ELECTRONICS - Semiconductor - Broad Line Stmicroelectronics N V	$46.86	-2.12 -4.32%	$46.95	$50.81	-7.78%	3,175,111 93.33%	3,402,000
Most Recent Note for STM - 3/2/2023 1:21:59 PM Sputtering since last noted in the 2/06/23 mid-day report - " It still faces some resistance due to overhead supply up to the $52 level. This Switzerland-based manufacturer of Semiconductor products reported earnings +61% on +24% sales revenues for the Dec '22 quarter versus the year ago period, its 9th consecutive quarterly earnings comparison above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong after a downturn in FY '19."
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TGLS - NASDAQ - Bldg-Constr Prds/Misc Tecnoglass Inc	$39.75	+3.40 9.34%	$40.46	$37.90	4.87%	505,086 221.53%	228,000
Most Recent Note for TGLS - 3/2/2023 1:26:04 PM Hitting another new all-time high with today's 2nd big volume-driven gain in the span of 3 sessions, getting extended from prior highs in the $35 area. Reported very strong quarterly results through Dec '22 versus the year ago periods with solid sales revenues growth. Annual earnings history (A criteria) included a downturn in FY '19 and has been up and down, not a great match with the fact-based investment system's fundamental guidelines.
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UBS - NYSE - BANKING - Money Center Banks U B S Ag	$21.34	-0.28 -1.27%	$21.44	$22.22	-3.98%	1,275,001 67.53%	1,888,000
Most Recent Note for UBS - 3/2/2023 1:28:48 PM Reported Dec '22 quarterly earnings +32% on +15% sales revenues versus the year ago period. 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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VVX - NYSE - Bldg-Maintenance & Svc V2X Inc	$49.87	+1.91 3.97%	$49.99	$49.23	1.29%	44,030 80.05%	55,000
Most Recent Note for VVX - 3/2/2023 1:29:59 PM Finding support near its 50 DMA line ($34.45). Faces resistance due to overhead supply up to the $60 level. Quarterly earnings through the Sep '22 period were below the +25% minimum earnings guideline (C criteria).
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