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

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - WEDNESDAY, APRIL 5TH, 2023
Previous Mid Day Report Next Mid Day Report >>>

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
Featured Stocks Page

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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. We are not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.