Mid-Day Breakouts Report - Thursday, March 9th, 2023

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MIDDAY BREAKOUTS REPORT - THURSDAY, MARCH 9TH, 2023
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DOW 32773.04 -25.36 (-0.08%) | NASDAQ 11578.46 2.46 (0.02%) | S&P 500 3988.6 -3.41 (-0.09%)

Time of Screening : 3/9/2023 12:31:03 PM Report Released : 3/9/2023 1:16:51 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
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
ANET - NYSE Arista Networks, Inc	$151.38	+2.98 2.01%	$151.99	1,717,021 77.48% of 50 DAV 50 DAV is 2,216,000	$148.90 1.67%	3/8/2023	$147.59	PP = $148.67 MB = $156.10
Most Recent Note - 3/9/2023 12:37:59 PM Y - Posting a 5th consecutive gain today and hitting a new all-time high. Highlighted in yellow in the prior mid-day report with pivot point cited based on its 12/27/21 high plus 10 cents. A gain and strong close above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Fundamentals remain strong after it reported Dec '22 quarterly earnings +72% on +55% sales revenues versus the year ago period. >>> The latest Featured Stock Update with an annotated graph appeared on 3/8/2023. Click here.
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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	$132.08	+0.99 0.76%	$135.96	$133.48	-1.05%	453,796 78.24%	580,000
Most Recent Note for ACLS - 3/9/2023 12:34:18 PM Hitting another new 52-week high today, 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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ADUS - NASDAQ - Medical-Outpnt/Hm Care Addus Homecare Corp	$100.03	-2.93 -2.85%	$103.61	$114.99	-13.01%	56,356 69.58%	81,000
Most Recent Note for ADUS - 3/9/2023 12:34:45 PM Reported earnings +14% on +10% sales revenues for the Dec '22 quarter versus the year ago period, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings growth has been steady (A criteria) after a downturn in FY '12 earnings. Completed new Public Offerings on 9/04/19 and 8/16/18.
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AGM - NYSE - FINANCIAL SERVICES - Credit Services Federal Agric Mtg Cl C	$138.33	-4.61 -3.23%	$142.89	$149.37	-7.39%	48,968 77.73%	63,000
Most Recent Note for AGM - 3/9/2023 12:35:33 PM Pulling back from its all-time high with today's 4th consecutive volume-driven loss. Reported earnings +22% on +147% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings growth has been steady.
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BBSI - NASDAQ - DIVERSIFIED SERVICES - Staffing & Outsourcing Service Barrett Business Svcs	$92.80	+1.65 1.81%	$92.80	$100.85	-7.98%	68,797 112.78%	61,000
Most Recent Note for BBSI - 3/9/2023 12:38:18 PM Violated its 50 DMA line with a big volume-driven loss on 3/02/23, abruptly retreating from near its 52-week high. Prior mid-day reports cautioned members "Reported Dec '22 quarterly earnings +19% on +6% sales revenues versus the year ago period and fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) history has not been strong and steady."
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BGSF - AMEX - Comml Svcs-Staffing B G Staffing Inc	$13.92	-0.03 -0.24%	$14.10	$16.02	-13.13%	15,668 104.45%	15,000
Most Recent Note for BGSF - 3/9/2023 12:39:10 PM Reported earnings -34% on +14% sales revenues of the Dec '22 quarter versus the year ago period, breaking a streak of 3 consecutive quarterly comparisons above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has not been strong and steady. Has a new CEO as of 10/01/18. Completed new Public Offerings on 5/25/18 and 5/27/16.
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BJ - NYSE - Retail-Discount&Variety BJs Wholesale Club Hldgs	$77.55	+3.24 4.35%	$78.88	$80.41	-3.56%	2,018,437 153.49%	1,315,000
Most Recent Note for BJ - 3/9/2023 12:42:37 PM Gapped up today rebounding toward the all-time high hit in November. Reported Jan '23 quarterly earnings +25% on +13% sales revenues versus the year ago period. Earnings increases were below the +25% minimum (C criteria) in 2 of the past 4 quarterly comparisons versus the year ago periods. Annual earnings (A criteria) growth has been strong. It has made choppy progress since dropped from the Featured Stocks list on 2/23/21.
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DSGX - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Descartes Systems Group	$76.44	-0.07 -0.08%	$77.29	$79.08	-3.34%	75,964 73.04%	104,000
Most Recent Note for DSGX - 3/9/2023 12:43:05 PM Prior mid-day reports noted - "Reported Jan '23 quarterly earnings +55% on +11% sales revenues versus the year ago period. Prior quarterly earnings growth has not been strong and steady above the +25% minimum (C criteria)."
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ELA - AMEX - Retail/Whlsle-Jewelry Envela Corporation	$7.75	-0.07 -0.90%	$7.84	$8.42	-7.96%	20,319 67.73%	30,000
Most Recent Note for ELA - 3/9/2023 12:46:36 PM Rebounding toward its 52-week high after a deep consolidation since last noted with caution in the 8/22/22 mid-day report. Reported Sep '22 quarterly earnings +0% on +20% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria). Prior 3 quarterly comparisons showed stronger sales revenues and earnings increases. Annual earnings growth (A criteria) has been strong after a downturn in FY '18.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$51.71	-0.07 -0.13%	$51.82	$52.62	-1.74%	718,938 65.96%	1,090,000
Most Recent Note for FOCS - 3/9/2023 12:46:54 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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GRBK - NASDAQ - Real Estate Dvlpmt/Ops Green Brick Partners Inc	$33.25	+0.34 1.03%	$33.32	$34.22	-2.83%	198,075 65.81%	301,000
Most Recent Note for GRBK - 3/9/2023 12:49:24 PM Perched within close striking distance of its 52-week high and it faces no resistance due to overhead supply. Reported Dec '22 quarterly earnings -5% on -5% sales revenues versus the year ago period, breaking a streak of 10 strong quarterly comparisons above the +25% minimum guideline (C criteria). Strong annual earnings history (A criteria) included a slight downturn in FY '18. The Building - Residential/Commercial industry group is currently ranked 25th on the 197 Industry Groups list, a reassuring sign concerning the L criteria. Completed a Secondary Offering on 1/27/21.
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HCA - NYSE - HEALTH SERVICES - Hospitals H C A Holdings Inc	$255.83	+4.40 1.75%	$257.29	$279.02	-8.31%	859,251 69.35%	1,239,000
Most Recent Note for HCA - 3/9/2023 12:50:15 PM Consolidating near its 50 DMA line. Reported earnings +5% on +3% sales revenues for the Dec '22 quarter versus the year ago period, and prior quarterly comparisons were below the +25% minimum earnings (C criteria) guideline. Annual earnings history included a downturn in FY '22. Completed Secondary Offerings on 12/12/12, 10/29/13, and 5/21/14. Has a new CEO as of 1/01/14.
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IMXI - NASDAQ - Financial Svcs-Specialty International Money Express	$26.70	+1.68 6.71%	$27.19	$28.24	-5.45%	296,699 81.51%	364,000
Most Recent Note for IMXI - 3/9/2023 12:52:43 PM Showing resilience today following a noted "negative reversal" on the prior session after hitting a new 52-week high. Reported Dec '22 quarterly earnings +15% on +21% sales revenues versus the year ago period. Two of the 3 latest quarterly comparisons were below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. It was dropped from the Featured Stocks list on 9/01/22.
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JPM - NYSE - BANKING - Money Center Banks J P Morgan Chase & Co	$132.33	-5.47 -3.97%	$137.35	$144.34	-8.32%	8,118,552 85.73%	9,470,000
Most Recent Note for JPM - 3/9/2023 12:55:54 PM Retreating further below its 50 DMA line with today's big 4th consecutive loss. Reported earnings +24% on +55% sales revenues for the Dec '22 quarter versus the year ago period. Went through a deep consolidatio since last noted with caution in the 10/13/21 mid-day report - "Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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LYTS - NASDAQ - Bldg-Constr Prds/Misc L S I Industries Inc	$15.80	+0.60 3.92%	$15.94	$15.37	2.77%	153,079 65.98%	232,000
Most Recent Note for LYTS - 3/9/2023 12:58:28 PM It has not formed any sound looking base and is hitting yet another new 52-week high today. Rallied steadily from a low of $6.55 on 10/25/22. Recent quarterly comparisons through Dec '22 versus the year ago period showed strong earnings increases versus the year ago periods above the +25% minimum guideline (C criteria) but sequential comparisons show a deceleration in its sales revenues growth rate. Sales rose +53%, +31%, +19%, and +16% in the Mar, Jun, Sep, and Dec '22 quarters. Annual earnings history has been strong after a downturn in FY '19.
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MYRG - NASDAQ - MATERIALS &; CONSTRUCTION - Heavy Construction M Y R Group Inc	$123.23	+0.77 0.63%	$124.21	$124.37	-0.92%	58,912 65.46%	90,000
Most Recent Note for MYRG - 3/9/2023 12:59:22 PM Hovering near its all-time high today, stubbornly holding its ground following noted volume-driven gains. Reported Dec '22 quarterly earnings +22% on +34% sales revenues versus the year ago period. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth history has been strong but had a slight downturn in FY '22.
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PCYG - NASDAQ - Comp Sftwr-Spec Enterprs Park City Group Inc	$6.30	+0.10 1.61%	$6.30	$6.60	-4.55%	17,904 85.26%	21,000
Most Recent Note for PCYG - 3/9/2023 1:04:59 PM This thinly-traded Software and Services firm showed earnings increases above the +25% minimum guideline (C criteria) in 3 of the past for quarters through Dec '22 versus the year-ago periods. Quarterly sales revenues totals have been in the $4-5 million range, rather minuscule, and sales growth has not been strong. Annual earnings included a downturn in FY '20.
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PKE - NYSE - Electronic-Parts Park Aerospace Corp	$13.74	-0.10 -0.72%	$13.83	$15.79	-12.98%	104,894 87.41%	120,000
Most Recent Note for PKE - 3/9/2023 1:06:26 PM Abruptly retreating from its 52-week high with a streak of 4 consecutive volume-driven losses after 5 consecutive gains. Prior mid-day reports cautioned members - "Fundamentals are not a match with the fact-based investment system's guidelines."
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TSBK - NASDAQ - BANKING - Savings & Loans Timberland Bancorp Inc	$32.21	-0.53 -1.62%	$32.63	$35.62	-9.57%	10,460 69.73%	15,000
Most Recent Note for TSBK - 3/9/2023 1:10:10 PM This thinly-traded Bank holding company has been slumping below its 50 DMA line ($33.78) and is undercutting prior lows in the $32 area with today's additional volume-driven loss. Reported earnings +38% on +30% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly earnings comparisons were below the +25% minimum guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
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UBS - NYSE - BANKING - Money Center Banks U B S Ag	$21.24	-0.16 -0.72%	$21.53	$22.30	-4.78%	1,831,543 91.44%	2,003,000
Most Recent Note for UBS - 3/9/2023 1:12:20 PM Pulling back today for a 3rd consecutive volume-driven loss nearly testing its 50 DMA line ($21.07). Prior mid-day reports noted - "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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ULTA - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other Ulta Salon Cosm & Frag	$525.87	+1.77 0.34%	$533.54	$537.52	-2.17%	334,613 66.52%	503,000
Most Recent Note for ULTA - 3/9/2023 1:16:43 PM Hovering near its all-time high today following volume-driven gains after trading in a tight range for about 5 weeks. Due to report Jan '23 quarterly results. Volume and volatility often increase near earnings news. Reported Oct '22 quarterly earnings +35% on +17% sales revenues versus the year ago period and prior comparisons versus the year ago periods have been strong. Big downturn for FY '21 earnings (A criteria) was noted as a flaw concerning the strict fundamental guidelines of the fact-based investment system.
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