Mid-Day Breakouts Report - Wednesday, April 5th, 2023

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, APRIL 5TH, 2023
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DOW 33466.52 64.14 (0.19%) | NASDAQ 12060.4 -65.92 (-0.54%) | S&P 500 4092.06 -8.54 (-0.21%)

Time of Screening : 4/5/2023 12:06:46 PM Report Released : 4/5/2023 12:38:54 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% 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
ADUS - NASDAQ - Medical-Outpnt/Hm Care Addus Homecare Corp	$107.71	+3.36 3.22%	$107.90	$114.99	-6.33%	57,755 58.93%	98,000
Most Recent Note for ADUS - 4/5/2023 12:08:52 PM Found support at 200 DMA line and rebounded above the 50 DMA line since last noted with caution in the 3/20/23 mid-day report - "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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ALG - NYSE - MANUFACTURING - Farm & Construction Machinery Alamo Group Inc	$170.67	-5.91 -3.35%	$175.89	$186.37	-8.42%	52,428 75.98%	69,000
Most Recent Note for ALG - 4/5/2023 12:13:16 PM Pulling back today -8.6% off its all-time high, testing its 50 DMA line ($169.81), consolidating following an impressive streak of volume-driven gains in late February. Reported earnings +51% on +15% sales revenues for the quarter ended December 31, 2022, versus the year-ago period, its 2nd strong quarter. Fundamental concerns remain. Earnings increases in prior quarters have been below the fact-based investment system's guidelines and annual earnings had a downturn in FY '19 and '20.
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BSMX - NYSE - Banks-Foreign Banco Santander Mexico	$6.60	-0.16 -2.37%	$6.80	$6.86	-3.79%	136,705 72.72%	188,000
Most Recent Note for BSMX - 4/5/2023 12:13:40 PM Reported Dec '22 quarterly earnings +26% on +50% sales revenues versus the year ago period. Hovering near its 52-week high and finding support near its 50 DMA line on pullbacks since noted in the 12/12/22 mid-day report - "Mar, Jun, and Sep '22 quarterly results showed strong earnings increases with sales revenues growth showing acceleration. Annual earnings history has not been strong and steady."
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CODA - NASDAQ - Aerospace/Defense Coda Octopus Group Inc	$7.85	+0.27 3.56%	$7.85	$8.22	-4.50%	13,739 65.42%	21,000
Most Recent Note for CODA - 4/5/2023 12:14:29 PM On track today for a 4th consecutive volume-driven gain. Fundamental concerns remain since this thinly-traded Aerospace/Defense firm was noted with caution in the 5/08/19 mid-day report - "Prior quarterly and annual earnings (C and A criteria) history is not a match with the guidelines of the fact-based investment system."
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DTC - NYSE - Leisure-Products Solo Brands	$7.70	-0.32 -3.93%	$8.17	$8.03	-4.17%	422,451 96.45%	438,000
Most Recent Note for DTC - 4/5/2023 12:15:14 PM Fundamental concerns remain after reporting lower earnings in the Sep and Dec '22 quarters versus the year-ago periods.
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FCNCA - NASDAQ - BANKING - Regional - Mid-Atlantic Banks First Citizens Bancshs A	$992.01	+35.61 3.72%	$1,016.66	$988.00	0.41%	164,807 80.39%	205,000
Most Recent Note for FCNCA - 4/5/2023 12:16:00 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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FDP - NYSE - FOOD & BEVERAGE - Farm Products Fresh Del Monte Produce	$30.34	+0.30 1.00%	$30.37	$32.49	-6.62%	166,610 87.69%	190,000
Most Recent Note for FDP - 4/5/2023 12:18:40 PM Reported strong earnings for the Dec '22 quarter versus loss with +2% sales revenues versus the year-ago period. Subpar sales revenues growth and its erratic earnings history are not a match with the fact-based investment system's fundamental guidelines.
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FOXF - NASDAQ - Leisure-Products Fox Factory Holding Corp	$110.69	-12.00 -9.78%	$120.04	$127.54	-13.21%	197,114 96.15%	205,000
Most Recent Note for FOXF - 4/5/2023 12:20:59 PM Gapped down today and violated its 50 DMA line ($18.60) with a damaging loss. Faces resistance due to overhead supply up to the $190 level. Reported Dec '22 quarterly earnings +35% on +19% sales revenues versus the year-ago period, but the 2 prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings growth (A criteria) has been strong. Completed a new Public Offering on 6/19/20. Completed prior Secondary Offerings on 3/02/17, 11/18/16, 8/10/16, 3/11/16, and 7/11/14.
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GFI - NYSE - METALS & MINING - Gold Gold Fields Ltd Adr	$14.54	+0.56 4.01%	$14.59	$16.92	-14.07%	4,366,680 73.34%	5,954,000
Most Recent Note for GFI - 4/5/2023 12:24:31 PM Gapped up today rebounding toward its 52-week high with a recent spurt of volume-driven gains. This South African company in the Mining - Gold/Silver/Gems industry reported earnings increases below the +25% minimum guideline (C criteria) with waning sales revenues for the Sep and Dec '22 quarters versus year-ago periods. Annual earnings (A criteria) growth has been strong since a downturn in FY '17 and '18.
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MKTX - NASDAQ - FINANCIAL SERVICES - Investment Brokerage - Nationa Marketaxess Holdings Inc	$349.48	-42.82 -10.91%	$387.87	$399.78	-12.58%	467,597 128.11%	365,000
Most Recent Note for MKTX - 4/5/2023 12:25:26 PM Violated its 50 DMA line ($365.93) with today's big volume-driven loss. Reported earnings +15% on +8% 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) with lackluster sales revenue growth.
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MSI - NYSE - TELECOMMUNICATIONS - Communication Equipment Motorola Solutions Inc	$284.10	-1.80 -0.63%	$286.02	$286.24	-0.75%	404,926 57.60%	703,000
Most Recent Note for MSI - 4/5/2023 12:26:44 PM Recently wedged to new all-time highs with gains in recent weeks lacking great volume conviction. Reported earnings +26% on +17% sales revenues for the Dec '22 quarter versus the year-ago period, its 2nd strong quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Steady annual earnings history (A criteria) included a slight downturn in FY '20.
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OC - NYSE - Bldg-Constr Prds/Misc Owens Corning	$93.25	-0.43 -0.46%	$94.10	$105.62	-11.71%	523,842 62.51%	838,000
Most Recent Note for OC - 4/5/2023 12:29:31 PM Slumping back below its 50 DMA line ($96.13) toward its 200 DMA line ($88.27). Reported earnings +12% on +7% sales revenues for the Dec '22 quarter versus the year-ago period, breaking a steak of 3 quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history improved greatly after a slight downturn in FY '19.
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OR - NYSE - Mining-Gold/Silver/Gems Osisko Gold Royalties	$16.51	-0.21 -1.23%	$17.00	$16.81	-1.81%	723,814 82.35%	879,000
Most Recent Note for OR - 4/5/2023 12:30:47 PM Hit another new multi-year high today while adding to a recent spurt of volume-driven gains. Prior mid-day reports repeatedly noted - "Reported Dec '22 quarterly earnings +36% on +22% sales revenues versus the year-ago period. Quarterly earnings comparisons through Sep '22 were well below the +25% minimum earnings guideline (C criteria) and fundamental concerns remain. Annual earnings had a downturn in FY '20."
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STN - NYSE - Comml Svcs-Consulting Stantec Inc	$58.17	-0.26 -0.44%	$58.77	$61.61	-5.58%	62,261 73.25%	85,000
Most Recent Note for STN - 4/5/2023 12:32:08 PM Consolidating above its 50 DMA line ($55.56) and churning heavy volume indicative of distributional pressure since a considerable gap up on 2/23/23 to new multi-year highs. Fundamental concerns remain. Only 2 of the past 4 quarterly comparisons through Dec '22 showed earnings increases above the fact-based investment system's +25% minimum guidelines (C criteria). Annual earnings (A criteria) growth has been strong.
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TT - NYSE - Machinery-Gen Industrial Trane Technologies Plc	$171.13	-2.65 -1.52%	$173.64	$196.22	-12.79%	1,321,010 89.80%	1,471,000
Most Recent Note for TT - 4/5/2023 12:34:08 PM Slumping well below its 50 DMA line ($182.95) today with more damaging volume-driven losses. Prior mid-day reports noted - "Faces resistance due to overhead supply up to the $207 level. Reported improved earnings increases in the Sep and Dec '22 quarters versus the year-ago periods but fundamental concerns remain. There was a downturn in FY '19 and '20 earnings (A criteria)."
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VLO - NYSE - ENERGY - Oil & Gas Refining & Marketing Valero Energy Corp	$132.20	+4.77 3.74%	$133.70	$150.39	-12.10%	3,780,646 84.73%	4,462,000
Most Recent Note for VLO - 4/5/2023 12:36:30 PM Rebounding toward its 50 DMA line ($134.50) which may act as resistance following 2 consecutive volume-driven losses. Perched -12.3% off its 52-week and all-time highs. Reported earnings +251% on +16% sales revenues for the Dec '22 quarter versus the year-ago period. Recent quarterly comparisons showed very strong increases. Fundamental concerns remain due to its erratic annual earnings (A criteria) history including a loss in FY '20, not a match with the guidelines of the fact-based investment system.
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WWE - NYSE - LEISURE - General Entertainment World Wrestling Entmnt	$97.53	+0.30 0.31%	$99.00	$97.68	-0.15%	1,092,188 91.47%	1,194,000
Most Recent Note for WWE - 4/5/2023 12:38:49 PM Hitting another new high with today's 2nd consecutive volume-driven gain, showing resilience and strength after briefly undercutting its 50 DMA line ($86) on 4/03/23 following a streak of 7 consecutive gains backed by above-average volume. Prior mid-day reports noted - "Reported Dec '22 quarterly earnings -22% on +5% sales revenues versus the year-ago period, breaking a streak of 4 consecutive quarterly comparisons above the +25% minimum earnings guideline (C criteria). Sequential quarterly comparisons show a deceleration in its sales revenues and earnings growth rate. Prior 4 quarterly earnings comparisons were negative, down from the year-ago periods. Annual earnings (A criteria) history had a downturn in FY '19."
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