Mid-Day Breakouts Report - Friday, March 31st, 2023

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MIDDAY BREAKOUTS REPORT - FRIDAY, MARCH 31ST, 2023
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DOW 33089.71 230.68 (0.70%) | NASDAQ 12131.13 117.66 (0.98%) | S&P 500 4081.82 30.99 (0.77%)

Time of Screening : 3/31/2023 11:46:54 AM Report Released : 3/31/2023 12:20:45 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 45% 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
CLH - NYSE Clean Harbors Inc	$142.89	+4.13 2.98%	$144.20	223,446 53.97% of 50 DAV 50 DAV is 414,000	$140.69 1.56%	3/10/2023	$136.89	PP = $136.74 MB = $143.58
Most Recent Note - 3/31/2023 11:56:10 AM Y - Hitting a new all-time high and challenging its "max buy" level with today's 5th consecutive gain. Its 50 DMA line ($133.24) and recent low ($129.93 on 3/24/23) define near-term support where violations would raise concerns and trigger technical sell signals. Fundamentals remain strong. >>> The latest Featured Stock Update with an annotated graph appeared on 3/29/2023. Click here.
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KOF - NYSE Coca Cola Femsa Sab Ads	$80.84	+0.81 1.01%	$81.86	84,415 47.69% of 50 DAV 50 DAV is 177,000	$81.10 -0.32%	3/7/2023	$76.63	PP = $77.11 MB = $80.97
Most Recent Note - 3/31/2023 12:05:49 PM Y - Hitting yet another new all-time high and challenging its "max buy" level with today's 4th consecutive gain backed by above-average volume. Gains above the pivot point must be backed by at least +40% above average volume to trigger a proper technical buy signal. It wedged higher with gains missing that volume threshold since highlighted in yellow with pivot point cited based on its 1/24/23 high plus 10 cents. >>> The latest Featured Stock Update with an annotated graph appeared on 3/24/2023. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ARW - NYSE - WHOLESALE - Electronics Wholesale Arrow Electronics Inc	$123.24	+0.74 0.60%	$123.79	$134.56	-8.41%	240,458 48.09%	500,000
Most Recent Note for ARW - 3/31/2023 11:50:18 AM Reported earnings +6% for the quarter ended Dec 31, 2022, versus the year-ago period, breaking a streak of strong quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth was strong since a downturn in FY '19.
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AUY - NYSE - METALS & MINING - Gold Yamana Gold Inc	$5.90	+0.01 0.08%	$5.94	$6.40	-7.89%	11,016,097 84.82%	12,988,000
Most Recent Note for AUY - 3/31/2023 11:51:10 AM Found support at its 200 DMA line and rebounded above its 50 DMA line with volume-driven gains. Reported earnings -38% on -7% sales revenues for the Sep '22 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline for buy candidates (C criteria). Prior sales revenues and earnings history do not match the fact-based investment system's fundamental guidelines.
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AXON - NASDAQ - Security/Sfty Axon Enterprise Inc	$226.98	+9.28 4.26%	$227.19	$226.00	0.43%	476,679 58.06%	821,000
Most Recent Note for AXON - 3/31/2023 11:51:47 AM Hitting a new all-time high with today's 3rd consecutive gain. Found prompt support after briefly undercutting its 50 DMA line on 2/07/23. Reported strong Dec '22 quarterly results. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Went through a deep consolidation since dropped from the Featured Stocks list on 3/04/21.
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BBVA - NYSE - BANKING - Foreign Regional Banks Banco Bilbao Viz Arg Adr	$7.10	-0.04 -0.56%	$7.14	$7.93	-10.47%	805,219 46.14%	1,745,000
Most Recent Note for BBVA - 3/31/2023 11:53:48 AM Rebounded near its 50 DMA line ($7.20) which acted as resistance following volume-driven losses. Prior mid-day reports cautioned members - "Fundamental concerns remain for this Spanish banking firm."
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CROX - NASDAQ - CONSUMER NON-DURABLES - Textile - Apparel Footwear Crocs Inc	$127.20	+2.14 1.71%	$130.80	$143.50	-11.36%	768,613 48.65%	1,580,000
Most Recent Note for CROX - 3/31/2023 11:59:14 AM Rebounding back above its 50 DMA line ($121.47) this week after sputtering below it for nearly 3 weeks. The 3/21/23 mid-day report noted - "Overhead supply remains to act as resistance up to the $183 level. Reported Dec '22 quarterly earnings +23% on +61% sales revenues versus the year-ago period, its 2nd quarterly earnings comparison below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 10/08/21."
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CTS - NYSE - Elec-Semiconductor Mfg C T S Corp	$48.24	+1.33 2.84%	$48.24	$48.18	0.12%	87,220 50.42%	173,000
Most Recent Note for CTS - 3/31/2023 12:01:24 PM Found support recently near its 50 DMA line ($44.97) and hit a new 52-week high with today's 2nd consecutive volume-driven gain. Rallied from near its 200 DMA line with a streak of gains in January. Reported earnings +14% on +7% sales revenues for the Dec '22 quarter versus the year-ago period. Two of the past 3 quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been up and down.
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ELF - NYSE - Cosmetics/Personal Care E L F Beauty Inc	$82.77	+3.85 4.88%	$83.94	$81.63	1.40%	500,492 55.80%	897,000
Most Recent Note for ELF - 3/31/2023 12:02:24 PM Hitting yet another new 52-week high with today's gain, extended from any sound base. Its 50 DMA line ($70.72) defines important near-term support to watch. Reported Dec '22 quarterly earnings +100% on +49% sales revenues versus the year-ago period, adding to its streak of strong Jun and Sep '22 quarterly results above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain as a downturn in its FY '19 and '20 annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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FCNCA - NASDAQ - BANKING - Regional - Mid-Atlantic Banks First Citizens Bancshs A	$954.65	+20.85 2.23%	$959.90	$964.98	-1.07%	95,841 49.40%	194,000
Most Recent Note for FCNCA - 3/31/2023 12:03:20 PM Perched at its all-time high. Gapped up on 3/27/23 and powered higher on M&A news with recently failed SVBI. Reported earnings +38% on +203% sales revenues for the Dec '22 quarter versus the year-ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
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FOUR - NYSE - Finance-CrdtCard/PmtPr Shift4 Payments	$75.40	+2.49 3.41%	$76.40	$74.29	1.49%	695,204 50.97%	1,364,000
Most Recent Note for FOUR - 3/31/2023 12:03:55 PM Hitting a new 52-week high with today's 5th consecutive gain. Prior mid-day reports noted - "Faces resistance due to overhead supply up to the $103 level. Quarterly results through Dec '22 have shown strong sales revenues and earnings growth. After a loss in FY '20, it showed great earnings growth in FY '21 and '22."
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KAI - NYSE - Machinery-Gen Industrial Kadant Inc	$207.02	+3.11 1.53%	$207.12	$221.27	-6.44%	34,890 50.57%	69,000
Most Recent Note for KAI - 3/31/2023 12:04:46 PM Sputtering near its 50 DMA line. Went through a deep consolidation since noted with caution in the 11/03/21 mid-day report. Reported earnings +1% on +6% sales revenues for the Dec '22 quarter versus the year-ago period, its 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in FY '20 annual earnings (A criteria) history, not a great match with the guidelines of the fact-based investment system.
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NABL - NYSE - Computer - Tech Services N-able Inc	$13.65	+0.20 1.45%	$13.69	$13.92	-1.98%	842,233 191.42%	440,000
Most Recent Note for NABL - 3/31/2023 12:07:30 PM Rallied with a streak of gains backed by above-average volume this week after gapping up hitting a new 52-week high. Prior mid-day reports cautioned members - "Fundamental concerns remain."
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ORCL - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software Oracle Corp	$92.20	+1.69 1.87%	$92.46	$91.22	1.07%	3,295,610 45.93%	7,176,000
Most Recent Note for ORCL - 3/31/2023 12:08:41 PM Hitting a new 52-week high today, but still faces resistance due to overhead supply up to the $106 level. Reported Feb '23 quarterly earnings +8% on +18% sales revenues versus the year-ago period. Earnings increases have not been strong and steady above the +25% minimum guideline (C criteria) in quarterly comparisons versus the year-ago periods. Fundamental concerns remain.
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PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$24.91	+2.05 8.97%	$24.92	$23.89	4.27%	319,513 62.53%	511,000
Most Recent Note for PGTI - 3/31/2023 12:10:48 PM Hitting a new 52-week high with today's big gain adding to a recent spurt of volume-driven gains. Overhead supply remains to act as resistance up to the $28 level. Reported earnings -13% on +12% sales revenues for the Dec '22 quarter versus the year-ago period, breaking a streak of 4 strong quarterly comparisons above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18.
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TAYD - NASDAQ - MANUFACTURING - Diversified Machinery Taylor Devices Inc	$20.04	-0.86 -4.11%	$21.80	$21.13	-5.16%	50,237 334.91%	15,000
Most Recent Note for TAYD - 3/31/2023 12:13:44 PM Gapped up on the prior session and spiked to a new all-time high. Reported very strong earnings for the Dec '22 quarter versus the year-ago period. Fundamental concerns remain due to up and down annual earnings (A criteria).
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TGLS - NASDAQ - Bldg-Constr Prds/Misc Tecnoglass Inc	$42.02	+0.31 0.74%	$42.52	$43.84	-4.15%	158,660 52.36%	303,000
Most Recent Note for TGLS - 3/31/2023 12:14:19 PM Posting a 7th consecutive volume-driven gain today approaching the prior high. Found support above its 50 DMA line ($36.87) and prior highs in the $35 area on the recent pullback. Prior mid-day reports noted - "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	$21.23	+0.72 3.49%	$21.25	$22.30	-4.82%	3,745,712 78.49%	4,772,000
Most Recent Note for UBS - 3/31/2023 12:16:05 PM Today's 3rd consecutive gain has it rebounding just above its 50 DMA line ($21) which acted as resistance last week after an abrupt pullback. Prior mid-day reports repeatedly cautioned members - "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	$541.32	+4.95 0.92%	$544.00	$538.30	0.56%	272,706 46.07%	592,000
Most Recent Note for ULTA - 3/31/2023 12:18:23 PM Wedging to a new all-time high with today's gain. Found support near its 50 DMA line ($519) while consolidating in a tight range in recent weeks. Reported Jan '23 quarterly earnings +24% on +18% sales revenues versus the year-ago period. Prior quarterly comparisons versus the year-ago periods have been mostly strong and well above the +25% minimum earnings guideline (C criteria). A big downturn in 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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VMI - NYSE - MANUFACTURING - Farm & Construction Machinery Valmont Industries Inc	$321.81	+4.98 1.57%	$322.83	$353.36	-8.93%	90,792 68.78%	132,000
Most Recent Note for VMI - 3/31/2023 12:19:44 PM Rebounding above its 50 DMA line today but it faces resistance due to overhead supply up to the $353 level. Reported earnings +31% on +17% sales revenues for the Dec '22 quarter versus the year-ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum guideline (C criteria). Its annual earnings (A criteria) growth was strong after a noted downturn in FY '19.
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WINA - NASDAQ - SPECIALTY RETAIL - Sporting Goods Stores Winmark Corp	$323.56	+4.95 1.55%	$324.20	$319.67	1.22%	14,708 91.93%	16,000
Most Recent Note for WINA - 3/31/2023 12:20:38 PM Hitting yet another new all-time high with today's 3rd consecutive volume-driven gain adding to an impressive spurt higher. Reported Dec '22 quarterly earnings -7% on +4% sales revenues versus the year-ago period. Prior quarterly and annual earnings (C and A criteria) history has been slow and steady, not a match with the fact-based investment system's fundamental guidelines.
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