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MIDDAY BREAKOUTS REPORT - WEDNESDAY, MARCH 28TH, 2018
Previous Mid Day Report Next Mid Day Report >>>
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DOW 23988.58 130.87 (0.55%) | NASDAQ 7011.48 2.67 (0.04%) | S&P 500 2613.96 1.34 (0.05%)
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Time of Screening :
3/28/2018 12:19:52 PM Report Released :
3/28/2018 1:28:33 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...
At around
mid-way through each trading day we run
a screen against our database of
high-ranked stocks, searching for
possible buy candidates that are trading
at or near their 52-week high on above
average volume. The results of that
screen are split into the two sections
you see below. The first, titled
"TODAY's FEATURED STOCKS" shows stocks
that our experts have recently
identified as among the strongest candidates to
consider. Stocks highlighted in yellow
are the most timely and noteworthy, so
particular attention and prompt action
may be appropriate. The second section,
titled "TODAY's BREAKOUT SCREEN" shows
the remainder of stocks meeting today's
screen parameters. Our experts have
reviewed and included notes on these
stocks as well, but found that they may
not match up as favorably.
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Y - Today's strongest
candidates
highlighted
by our staff
of experts.
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G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
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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 |
Max Buy |
GRUB
- NYSE
GrubHub Inc
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$101.39
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-1.95 -1.89%
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$103.00
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1,525,637 78.93% of 50 DAV
50 DAV is 1,933,000
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$112.41 -9.80%
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6/21/2017 |
$47.33
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PP = $46.94 MB = $49.29 |
Most Recent Note - 3/28/2018 12:57:56 PM
G - Enduring distributional pressure in recent weeks and pulling back after getting very extended from any sound base. Its 50 DMA line ($91.80) defines near-term support. Recently reported earnings +61% on +49% sales revenues for the Dec '17 quarter.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/1/2018. Click here.
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PAYC
- NYSE
Paycom Software, Inc
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$105.27
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-2.35 -2.18%
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$108.00
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537,747 67.90% of 50 DAV
50 DAV is 792,000
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$115.48 -8.84%
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2/15/2018 |
$95.01
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PP = $93.61 MB = $98.29 |
Most Recent Note - 3/28/2018 1:11:55 PM
G - Very extended from any sound base, and there was a "negative reversal" on the prior session after hitting another new all-time high. Its 50 DMA line ($98.15) defines near-term support above prior highs in the $93 area. Fundamentals remain strong.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/7/2018. Click here.
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PYPL
- NASDAQ
PayPal Holdings, Inc
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$75.75
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-0.56 -0.73%
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$76.75
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6,869,622 67.48% of 50 DAV
50 DAV is 10,180,000
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$86.32 -12.25%
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2/1/2018 |
$80.35
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PP = $79.49 MB = $83.46 |
Most Recent Note - 3/28/2018 1:14:10 PM
G - Slumping well below its 50 DMA line ($79.57) and a rebound above that important short-term average is needed for its outlook to improve. The prior low ($71.63 on 2/09/18) defines the next important support level where a violation would raise concerns and trigger a more worrisome technical sell signal. Fundamentals remain strong.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/27/2018. Click here.
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SIVB
- NASDAQ
S V B Financial Group
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$236.27
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-2.94 -1.23%
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$239.93
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476,792 69.10% of 50 DAV
50 DAV is 690,000
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$271.79 -13.07%
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3/12/2018 |
$267.79
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PP = $263.19 MB = $276.35 |
Most Recent Note - 3/28/2018 1:20:40 PM
G - Met resistance and slumped further after violating its 50 DMA line triggering a technical sell signal. Only a prompt rebound above the 50 DMA line ($252) would help its outlook improve.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/12/2018. Click here.
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SPLK
- NASDAQ
Splunk Inc
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$96.14
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-3.65 -3.66%
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$99.76
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1,814,713 93.21% of 50 DAV
50 DAV is 1,947,000
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$112.66 -14.66%
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2/15/2018 |
$96.06
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PP = $93.68 MB = $98.36 |
Most Recent Note - 3/28/2018 1:23:36 PM
Y - Color code is changed to yellow after retreating below its "max buy" level. Today's big loss is testing its 50 DMA ($96.78) line and prior highs defining support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/20/2018. Click here.
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TPL
- NYSE
Texas Pacific Land Trust
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$487.00
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-8.07 -1.63%
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$496.27
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12,258 81.72% of 50 DAV
50 DAV is 15,000
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$569.99 -14.56%
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2/20/2018 |
$517.00
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PP = $569.99 MB = $598.49 |
Most Recent Note - 3/28/2018 1:26:29 PM
G - A rebound above the 50 DMA line ($520) is needed for its outlook to improve. Today's loss is testing the prior low ($480 on 2/09/18) and more damaging losses may trigger a worrisome technical sell signal. Reported earnings +29% on +118% sales revenues for the Dec '17 quarter.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/23/2018. Click here.
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Symbol - Exchange - Industry Group Company Name |
Last |
Chg |
Day High |
52 WK Hi |
% From Hi |
Volume % DAV |
DAV |
ADBE
- NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Adobe Systems Inc
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$213.20 |
-0.60 -0.28%
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$215.64
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$231.34
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-7.84% |
2,399,476 75.86%
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3,163,000
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Most Recent Note for ADBE - 3/28/2018 12:29:02 PM
Managed a "positive reversal" from early lows today. Abruptly retreated from its all-time high with a volume-driven loss on the prior session. Noted with caution in prior mid-day reports - "Very extended from any sound base. Reported Feb '18 quarterly earnings +65% on +24% sales revenues. Reported earnings +40% on +25% sales revenues for the Nov '17 quarter. Found support near its 50 DMA line on pullbacks as it rallied after noted in the 12/15/17 mid-day report - 'Reported strong quarterly earnings increases well above the +25% minimum guideline (C criteria) with solid sales revenues growth through Aug '17. However, its annual earnings history (A criteria) included a downturn in FY '13 and '14, a flaw in regard to the fact-based investment system's fundamental guidelines.'"
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AMRC
- NYSE - ENERGY - Alternative
Ameresco Inc Cl A
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$12.00 |
+0.15
1.27%
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$12.30
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$12.55
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-4.38% |
109,084 94.86%
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115,000
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Most Recent Note for AMRC - 3/28/2018 12:30:12 PM
Perched at its 52-week high holding its ground stubbornly after volume-driven gains following a big "breakaway gap" on 3/06/18. Bullish action came after it reported earnings +257% on +21% sales revenues for the Dec '17 quarter. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria).
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ASML
- NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
A S M L Holding N.V. NY
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$196.47 |
-3.82 -1.91%
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$197.60
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$216.00
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-9.04% |
1,505,344 141.75%
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1,062,000
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Most Recent Note for ASML - 3/28/2018 12:32:12 PM
Dutch Electronics - Semiconductor Equipment firm pulled back from its all-time high and today's volume-driven loss undercut its 50 DMA line. The 3/07/18 mid-day report noted - "Reported Dec '17 quarterly earnings +39% on +53% sales revenues. That marked its 6th consecutive strong quarterly comparison more than +25% versus the the year ago period (C criteria). Its annual earnings (A criteria) growth history has not been strong and steady, leaving fundamental concerns regarding the strict guidelines of the fact-based investment system."
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BFAM
- NASDAQ - DIVERSIFIED SERVICES - Personal Services
Bright Horizns Fam Solns
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$97.57 |
-0.29 -0.30%
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$99.72
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$105.04
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-7.11% |
246,718 99.89%
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247,000
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Most Recent Note for BFAM - 3/28/2018 12:34:16 PM
Priced a Secondary Offering on the prior session leading to an abrupt pullback from its all-time high after recent volume-driven gains. Prior mid-day reports cautioned members - "Has a new CEO as of 1/01/18. Reported earnings +30% on +10% sales revenues for the Dec '17 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Completed Secondary Offerings on 11/19/15, 8/11/15, 5/29/15, 12/11/14, 3/26/14 and 6/12/13."
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EDUC
- NASDAQ - WHOLESALE - Basic Materials Wholesale
Educational Development
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$27.15 |
+1.50
5.85%
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$27.93
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$26.05
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4.22% |
18,809 69.66%
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27,000
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Most Recent Note for EDUC - 3/28/2018 12:35:04 PM
Very extended from any sound base. Tested support at its 50 DMA line recently then spiked to new all-time highs with an impressive streak of volume-driven gains. Recently reported earnings +68% on +27% sales revenues for the Nov '17 quarter. Prior mid-day reports noted - "This thinly traded Media - Books firm's sales revenues and earnings history has been erratic, not a match with the fact-based investment system's fundamental guidelines. "
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FANG
- NASDAQ - Oil&Gas-U S Expl&Prod
Diamondback Energy Inc
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$127.59 |
-1.59 -1.23%
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$130.60
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$134.60
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-5.21% |
1,091,749 82.71%
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1,320,000
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Most Recent Note for FANG - 3/28/2018 12:38:38 PM
Touched a new high on the prior session but reversed into the red and today it is pulling back near its 50 DMA line ($125.42). Made gradual progress since last noted with caution in the 2/15/18 mid-day report - "Recent quarterly comparisons through Dec '17 have been very strong but fundamental concerns remain. Its up and down annual earnings (A criteria) history is not a great match with the fact-based investment system's strict guidelines. Completed a new Public Offering on 12/14/16 and went through a long and choppy consolidation. It completed a Secondary Offering on 6/24/14."
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FDS
- NYSE - COMPUTER SOFTWARE & SERVICES - Information & Delivery Service
Factset Research Sys Inc
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$200.96 |
-0.78 -0.38%
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$202.87
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$217.36
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-7.55% |
216,853 71.33%
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304,000
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Most Recent Note for FDS - 3/28/2018 12:56:28 PM
Abruptly retreated from its all-time high with volume-driven losses undercutting prior highs and violating its 50 DMA line this week. Reported earnings +17% on +14% sales revenues for the Feb '18 quarter versus the year ago period. Noted with caution in prior mid-day reports - "Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Sales revenues and earnings history below guidelines."
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HLG
- NASDAQ - Consumer Svcs-Education
Hailiang Educatkion Group Inc Ads
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$74.34 |
-1.56 -2.05%
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$77.18
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$75.89
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-2.05% |
78,090 73.67%
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106,000
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Most Recent Note for HLG - 3/28/2018 12:59:23 PM
This China-based Consumer Services - Education firm is very extended from any sound base and reversed into the red today after powering to new all-time highs with an impressive spurt of gains. Limited history remains a concern as prior mid-day reports repeatedly cautioned members - "Prior quarterly and annual earnings (C and A) history has not been strong and steady, failing to meet the fact-based investment system's fundamental guidelines."
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HOME
- NYSE - RETAIL - Home Furnishing Stores
At Home Group Inc
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$31.19 |
+0.63
2.06%
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$31.50
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$34.02
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-8.32% |
1,999,850 540.50%
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370,000
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Most Recent Note for HOME - 3/28/2018 1:00:01 PM
Perched within striking distance of its 52-week high. Gapped up on 3/23/18 then proposed another Secondary Offering. Completed a Secondary Offering on 12/07/17. Now trading near its 50 DMA line after consolidating above prior highs and its 200 DMA line. Reported earnings +79% on +25% sales revenues for the Jan '18 quarter and prior comparisons were above the year ago period by well above the +25% minimum earnings guideline (C criteria). Limited and up and down annual earnings (A criteria) history is a concern since its $15 IPO in August '16.
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LULU
- NASDAQ - MANUFACTURING - Textile Manufacturing
Lululemon Athletica
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$86.86 |
+8.15
10.35%
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$87.98
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$83.98
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3.43% |
5,683,349 329.47%
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1,725,000
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Most Recent Note for LULU - 3/28/2018 1:02:54 PM
Reported earnings +33% on +18% sales revenues for the Jan '18 quarter, then gapped up today hitting a new all-time high. Recent quarterly comparisons showed encouraging acceleration in sales revenues and earnings improvement but fundamentals are not a great match with the fact-based investment system's guidelines. It survived but failed to impress since dropped from the Featured Stocks list on 1/14/13.
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MMSI
- NASDAQ - HEALTH SERVICES - Medical Instruments & Supplies
Merit Medical Systems
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$43.90 |
+0.40
0.92%
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$44.33
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$49.50
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-11.31% |
275,694 83.54%
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330,000
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Most Recent Note for MMSI - 3/28/2018 1:06:43 PM
Sputtering below the 50 DMA line, slumping since noted in prior mid-day reports - "Reported earnings +6% on +21% sales revenues for the Dec '17 quarter, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been improving after a downturn in FY '12-13 raised fundamental concerns."
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NFLX
- NASDAQ - SPECIALTY RETAIL - Music & Video Stores
Netflix Inc
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$286.00 |
-14.69 -4.89%
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$298.80
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$333.98
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-14.37% |
11,344,306 97.43%
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11,643,000
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Most Recent Note for NFLX - 3/28/2018 1:09:25 PM
Extended from any sound base and pulling back near its 50 DMA line ($283). Reported earnings +173% on +33% sales revenues for the Dec '17 quarter, its 6th consecutive strong quarter. Return on Equity is now reported at 18%, above the 17% minimum guideline of the fact-based investment system. The number of top-rated funds owning its shares (I criteria) rose from 1,443 in Mar '17 to 1,554 in Dec '17. This well-known online movie services firm's erratic annual earnings history is not a great match with A criteria of the fact-based investment system. Rebounded impressively following a deep consolidation after dropped from the Featured Stocks list on 3/03/11.
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NOW
- NYSE - Computer Sftwr-Enterprse
Servicenow Inc
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$159.20 |
-3.62 -2.22%
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$164.02
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$176.56
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-9.83% |
1,479,150 71.25%
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2,076,000
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Most Recent Note for NOW - 3/28/2018 1:10:57 PM
Pulling back near its 50 DMA line ($157) after getting very extended from any sound base. Noted in the 3/20/18 mid-day report - "Reported earnings +46% on +42% sales revenues for the Dec '17 quarter, and prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead."
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RHT
- NYSE - COMPUTER SOFTWARE & SERVICES - Application Software
Red Hat Inc
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$145.40 |
-9.03 -5.84%
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$154.00
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$167.36
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-13.12% |
2,428,040 129.43%
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1,876,000
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Most Recent Note for RHT - 3/28/2018 1:16:48 PM
Down considerably today, enduring distributional pressure after hitting a new all-time high on the prior session but reversing most of the gain. Reported earnings +49% on +23% sales revenues for the Feb '18 quarter. Noted in the 2/05/18 mid-day report when testing support at its 50 DMA line - "Reported earnings +20% on +22% sales revenues for the Nov '17 quarter, and fundamental concerns remain. Prior quarterly earnings (C criteria) history is not a match guidelines of the fact-based investment system. Annual earnings (A criteria) growth has been strong and steady."
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SEDG
- NASDAQ - Energy-Solar
Solaredge Technologies
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$51.65 |
-3.55 -6.43%
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$55.15
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$58.20
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-11.25% |
602,417 72.93%
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826,000
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Most Recent Note for SEDG - 3/28/2018 1:18:26 PM
Extended from any sound base, this Israel-based Energy - Solar firm had a "breakaway gap" for a considerable volume-driven gain on 2/15/18 and tallied additional volume driven gains for new all-time highs. Bullish action came after it reported Dec '17 earnings +166% on +70% sales revenues, its 3rd consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria) with a great acceleration in its sales revenues growth rate. Disciplined investors may wait for a new base or secondary buy point to possibly develop and be noted in the weeks ahead.
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SGH
- NASDAQ - Computer-Data Storage
Smart Global Holdings
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$50.77 |
-3.68 -6.75%
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$54.11
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$56.69
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-10.44% |
1,061,794 179.97%
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590,000
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Most Recent Note for SGH - 3/28/2018 1:19:44 PM
Pulling back today from a new all-time high after 3 consecutive volume-driven gains, very extended from any sound base. Reported +652% earnings on +83% sales revenues for the Feb '18 quarter. Volume and volatility often increase near earnings news. Prior mid-day reports cautioned members - "Limited history is a concern. Completed its $11 IPO on 5/24/17 and completed a Secondary Offering on 11/30/17."
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SPSC
- NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
S P S Commerce Inc
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$62.24 |
+0.18
0.28%
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$62.40
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$65.29
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-4.68% |
102,165 66.34%
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154,000
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Most Recent Note for SPSC - 3/28/2018 1:23:58 PM
Faces some resistance due to old overhead supply up to the $78 level. Reported earnings +25% on +14% sales revenues for the quarter ended Dec 31, 2017. Prior quarterly earnings comparisons have not been strong and steady above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history remains a concern. Completed new Public Offerings on 11/20/13 and 9/06/12.
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TTGT
- NASDAQ - Comml Svcs-Advertising
Techtarget Inc
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$19.13 |
-0.38 -1.95%
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$19.55
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$19.92
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-3.97% |
128,206 69.30%
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185,000
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Most Recent Note for TTGT - 3/28/2018 1:26:45 PM
Extended from any sound base. Reported earnings +100% on +14% sales revenues for the Dec '17 quarter but fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) and sales revenues history is not a match with the fact-based investment system's guidelines.
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VPG
- NYSE - Elec-Scientific/Msrng
Vishay Precision Group
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$30.50 |
-0.70 -2.24%
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$31.29
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$33.45
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-8.82% |
84,199 101.44%
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83,000
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Most Recent Note for VPG - 3/28/2018 1:27:22 PM
Hovering near its all-time high. Noted in prior mid-day reports with caution - "Reported earnings +92% on +24% sales revenues for the Dec '17 quarter, and prior quarterly earnings increases were above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) and sales revenues growth history is not a match with the fact-based investment system's fundamental guidelines."
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WD
- NYSE - FINANCIAL - Property Management
Walker & Dunlop Inc
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$57.68 |
+1.98
3.55%
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$58.08
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$56.46
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2.16% |
205,017 87.61%
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234,000
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Most Recent Note for WD - 3/28/2018 1:28:29 PM
Rallying to a new high with today's big volume-driven gain. Reported earnings +9% on +16% sales revenues for the Dec '17 quarter, below the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history has been noted as a fundamental concern, making it not a good match with the fact-based investment system's guidelines.
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