Mid-Day Breakouts Report - Friday, April 28th, 2023

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MIDDAY BREAKOUTS REPORT - FRIDAY, APRIL 28TH, 2023
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DOW 34007.98 181.82 (0.54%) | NASDAQ 12168.9 26.66 (0.22%) | S&P 500 4157.21 21.86 (0.53%)

Time of Screening : 4/28/2023 12:11:10 PM Report Released : 4/28/2023 1:04:33 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
ALSN - NYSE - Auto/Truck-Original Eqp Allison Transmission Hld	$49.12	+3.53 7.74%	$49.85	$50.64	-3.00%	609,102 76.42%	797,000
Most Recent Note for ALSN - 4/28/2023 12:14:40 PM Gapped up today challenging its 52-week high with a considerable gain after briefly undercutting its 50 DMA line. Reported earnings +42% for the Mar '23 quarter versus the year-ago period, its 4th consecutive quarter with an earnings increase above the +25% minimum guideline (C criteria). Downturn in FY '20 annual earnings (A criteria) was noted as a concern regarding the fact-based investment system's strict fundamental guidelines. It hails from the Auto/Truck - Original Equipment industry group which is ranked 128th on the 197 Industry Groups list.
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AON - NYSE - INSURANCE - Insurance Brokers Aon Plc	$320.29	-11.96 -3.60%	$327.79	$334.76	-4.32%	542,941 62.05%	875,000
Most Recent Note for AON - 4/28/2023 12:15:31 PM Today's volume-driven loss has it retreating toward its 50 DMA line ($311). Reported earnings +7% for the Mar '23 quarter. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria) with subpar sales revenues growth.
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AQUA - NYSE - Pollution Control Evoqua Water Tech Corp	$49.65	+0.07 0.14%	$49.87	$51.35	-3.31%	881,026 67.93%	1,297,000
Most Recent Note for AQUA - 4/28/2023 12:17:08 PM Consolidating above its 50 DMA line in an orderly fashion and perched within close striking distance of its 52-week high. Reported Dec '22 quarterly earnings +50% on +19% sales revenues versus the year-ago period. Three of the past 4 quarterly comparisons were above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) included a downturn in FY '19. Completed Secondary Offerings on 2/10/21, 12/03/20, 8/07/20 and 3/05/20.
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ARCB - NASDAQ - Transportation-Truck Arcbest Corp	$93.82	+3.92 4.36%	$94.34	$104.87	-10.54%	154,224 61.69%	250,000
Most Recent Note for ARCB - 4/28/2023 12:33:29 PM Rebounding near its 50 DMA line ($94.34) with today's big gain. Reported Mar '23 quarterly earnings -48% versus the year-ago period. Downturn in FY '19 earnings was followed by very strong growth.
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BELFB - NASDAQ - ELECTRONICS - Diversified Electronics Bel Fuse Inc Cl B	$41.18	+4.07 10.97%	$41.18	$42.00	-1.95%	109,006 97.33%	112,000
Most Recent Note for BELFB - 4/28/2023 12:35:03 PM Gapped up again today for a 2nd consecutive big volume-driven gain nearly challenging its 52-week high. Rebounded above its 50 DMA line after briefly undercutting its 200 DMA line. The Electronic - Parts firm reported Mar '23 quarterly earnings +263% on +26% sales revenues versus the year-ago period, adding to a streak of very strong quarterly results. Annual earnings (A criteria) history has been erratic, not a match with the fact-based investment system's fundamental guidelines.
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BZH - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Beazer Homes U S A Inc	$19.90	+2.72 15.83%	$19.97	$17.64	12.81%	484,479 201.87%	240,000
Most Recent Note for BZH - 4/28/2023 12:38:00 PM Gapped up today and it is powering higher with heavy volume. Faces resistance due to overhead supply up to the $26 level. Fundamental concerns remain after reporting Mar '23 earnings -22% on +7% sales revenues versus the year-ago period.
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DXCM - NASDAQ - Medical-Systems/Equip Dexcom Inc	$120.43	-3.15 -2.55%	$121.93	$126.44	-4.75%	2,166,128 99.91%	2,168,000
Most Recent Note for DXCM - 4/28/2023 12:43:53 PM Consolidating above its 50 DMA line ($115.84). Faces resistance due to overhead supply up to the $164 level. Reported strong Sep, Dec '22, and Mar '23 quarterly results versus the year-ago periods. Prior quarterly and annual earnings history has been subpar.
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GLOP - NYSE - Oil&Gas-Transprt/Pipelne GasLog Partners LP	$8.48	-0.02 -0.18%	$8.49	$9.27	-8.58%	309,597 65.73%	471,000
Most Recent Note for GLOP - 4/28/2023 12:44:15 PM Still consolidating in a tight range near its 50 DMA line ($8.55). Gapped up on 1/25/23 following M&A news. Reported Dec '22 quarterly earnings +67% on +19% sales revenues versus the year-ago period, its 3rd strong quarterly comparison. Annual earnings history (A criteria) has not been strong and steady and fundamental concerns remain.
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GOLF - NYSE - Leisure-Products Acushnet Holdings Corp	$50.12	-0.09 -0.18%	$50.96	$54.11	-7.37%	190,312 60.80%	313,000
Most Recent Note for GOLF - 4/28/2023 12:45:09 PM Sputtering back below its 50 DMA line ($50.08). Noted with caution in the 3/01/23 mid-day report when rallying near the prior high ($54) and toward its all-time high ($57.87) hit in Nov '21 - "Quarterly sales revenues and earnings growth is not a match with the fact-based investment system's fundamental guidelines. Annual earnings history included a downturn in FY '20."
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MHO - NYSE - MATERIALS & CONSTRUCTION - Residential Construction M I Homes Inc	$66.75	-0.44 -0.65%	$67.25	$68.03	-1.88%	212,871 65.70%	324,000
Most Recent Note for MHO - 4/28/2023 12:46:21 PM Posted a recent spurt of gains backed by above-average volume. Some overhead supply remains to act as resistance up to the $74 level. Reported Mar '23 quarterly earnings +15% on +16% sales revenues versus the year-ago period. The 3 prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Strong quarterly and annual earnings results include blue triangles beside the reported earnings figures - the blue triangles are symbols indicating that pre-tax, non-recurring items were included (where possible, such items are normally removed to provide data better suited for comparison).
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MSFT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Microsoft Corp	$305.69	+0.86 0.28%	$308.93	$305.20	0.16%	18,093,116 60.31%	30,002,000
Most Recent Note for MSFT - 4/28/2023 12:47:18 PM Gapped up 4/26/23 and rose further on the prior session after reporting earnings +10% on +7% sales revenues for the Mar '23 quarter versus the year-ago period. Prior quarterly comparisons, sequentially, showed a deceleration in its sales revenues growth rate and earnings increases below the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Annual earnings (A criteria) growth has been strong and steady. It is already owned by 9,240 top-rated funds.
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MTH - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Meritage Homes Corp	$127.05	+4.82 3.94%	$127.34	$130.68	-2.78%	334,328 72.21%	463,000
Most Recent Note for MTH - 4/28/2023 12:49:23 PM Rallying back near its high today following a "positive reversal" on the prior session after briefly slumping near its 50 DMA line ($114) since wedging to a new all-time high last week. Reported Mar '23 quarterly earnings -39% on -1% sales revenues versus the year-ago period. The Dec '22 quarter was noted for breaking a long streak of quarterly comparisons well above the +25% minimum earnings guideline (C criteria).
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NOA - NYSE - Oil&Gas-Field Services North American Const Grp	$19.15	+0.24 1.27%	$19.15	$19.14	0.05%	58,733 77.28%	76,000
Most Recent Note for NOA - 4/28/2023 12:53:50 PM Found support at its 50 DMA line ($17.04) and it is hitting a new 52-week high with today's 2nd consecutive volume-driven gain, getting extended from the prior high. Patient investors may watch for a new base or secondary buy point to develop and be noted in the weeks ahead. Reported strong Sep, Dec '22, and Mar '23 quarterly results versus the year-ago periods, helping it better match the fact-based investment system's fundamental guidelines.
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NVT - NYSE - Electrical-Power/Equipmt nVent Electric	$42.27	-1.53 -3.49%	$42.37	$46.66	-9.41%	1,023,776 94.36%	1,085,000
Most Recent Note for NVT - 4/28/2023 12:58:25 PM Recovered considerably from today's early low after it gapped down and slumped well below its 50 DMA line ($43.52) with a damaging volume-driven loss. Earnings increases in the Sep, Dec '22, and Mar '23 quarters versus the year-ago periods were above the +25% minimum earnings guideline (C criteria). Sequential quarterly comparisons still show a deceleration in its sales revenues growth rate.
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SAIA - NASDAQ - TRANSPORTATION - Trucking Saia Inc	$297.14	+37.22 14.32%	$305.61	$306.40	-3.02%	700,765 186.87%	375,000
Most Recent Note for SAIA - 4/28/2023 1:00:52 PM Gapped up today for a considerable volume-driven gain rebounding above its 50 DMA line ($273.64) to challenge recent highs. Still faces resistance due to overhead supply up to the $365 level. Reported Mar '23 quarterly earnings -4% versus the year-ago period. The Dec '22 quarter was previously noted as it broke a streak of 9 quarterly comparisons above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has improved following a downturn in FY '16.
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YUMC - NYSE - Retail-Restaurants Yum China Holdings Inc	$61.37	+0.79 1.30%	$61.41	$64.70	-5.15%	996,685 64.55%	1,544,000
Most Recent Note for YUMC - 4/28/2023 1:04:27 PM Rebounding today near its 50 DMA line ($61.53) after recently slumping below that important short-term average. Went through a deep consolidation since hitting an all-time high in June 2021. Prior quarterly earnings and sales revenues growth has not been strong and steady and its subpar annual earnings history leaves fundamental concerns.
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