Mid-Day Breakouts Report - Thursday, May 4th, 2023

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MIDDAY BREAKOUTS REPORT - THURSDAY, MAY 4TH, 2023
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DOW 33414.24 0 (0.00%) | NASDAQ 12025.33 -55.18 (-0.46%) | S&P 500 4090.75 -28.83 (-0.70%)

Time of Screening : 5/4/2023 12:31:08 PM Report Released : 5/4/2023 1:19:25 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 75% 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
COKE - NASDAQ Coca Cola Btlg Consol	$646.66	+55.75 9.43%	$694.20	39,377 112.51% of 50 DAV 50 DAV is 35,000	$656.11 -1.44%	5/4/2023	$646.66	PP = $656.21 MB = $689.02
Most Recent Note - 5/4/2023 12:36:41 PM Y - Color code is changed to yellow with new pivot point cited based on its 6/07/22 high plus 10 cents. A gain and close above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Reported Mar '23 quarterly earnings +93% on +12% sales revenues versus the year-ago period, continuing its strong earnings track record. Hitting a new high with today's considerable volume-driven gain. Went through a deep consolidation since dropped from the Featured Stocks list when noted on 6/16/22. Abruptly stalled and encountered distributional pressure after hitting a new high. >>> The latest Featured Stock Update with an annotated graph appeared on 6/7/2022. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
CODA - NASDAQ - Aerospace/Defense Coda Octopus Group Inc	$9.00	+0.10 1.12%	$9.05	$9.05	-0.55%	12,924 76.02%	17,000
Most Recent Note for CODA - 5/4/2023 12:32:41 PM On track today for a 6th consecutive volume-driven gain and a new 52-week high. 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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DRD - NYSE - METALS & MINING - Gold Drdgold Ltd Adr	$12.84	+0.77 6.34%	$13.13	$12.15	5.64%	869,021 204.96%	424,000
Most Recent Note for DRD - 5/4/2023 12:37:13 PM Hitting yet another new 52-week high with today's 3rd consecutive big volume-driven gain. Reported Dec '22 quarterly earnings +2% on +0% sales revenues versus the year-ago period. Fundamental concerns remain as when noted in the 7/27/20 mid-day report - "This low-priced South African company in the Mining - Gold/Silver/Gems group has an erratic earnings history, not a match with the fact-based investment system's guidelines."
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DTC - NYSE - Leisure-Products Solo Brands	$7.57	+0.05 0.60%	$8.86	$8.62	-12.24%	521,418 99.89%	522,000
Most Recent Note for DTC - 5/4/2023 12:38:27 PM Making steady progress in recent weeks but it faces resistance due to overhead supply up to the $21 level. Fundamental concerns remain after reporting lower earnings in the Sep and Dec '22 quarters versus the year-ago periods. Completed its $17 IPO on 10/28/21.
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ECVT - NYSE - Chemicals-Basic Ecovyst Inc	$10.68	-0.74 -6.44%	$11.02	$11.75	-9.15%	771,333 80.01%	964,000
Most Recent Note for ECVT - 5/4/2023 12:41:55 PM Reported Mar '23 quarterly earnings -60% versus the year-ago period. Gapped down today undercutting its 50 DMA line ($10.80) with a 3rd consecutive loss with ever-increasing volume. Priced a Secondary Offering on 3/06/23. Prior quarterly comparisons have not shown strong and steady earnings increases above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history had a noted downturn in FY'21.
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EXP - NYSE - MATERIALS & CONSTRUCTION - Cement Eagle Materials Inc	$156.82	+6.08 4.03%	$158.24	$153.50	2.16%	341,807 128.02%	267,000
Most Recent Note for EXP - 5/4/2023 12:42:48 PM Posting a 6th consecutive gain today. Faces some resistance due to overhead supply up to the $169 level. Reported earnings +26% on +10% sales revenues for the Dec '22 quarter versus the year-ago period. The past 3 quarterly comparisons were above the +25% minimum guideline (C criteria). Annual earnings history has been strong after a downturn in FY '18.
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GFI - NYSE - METALS & MINING - Gold Gold Fields Ltd Adr	$17.68	+0.91 5.40%	$17.78	$16.78	5.33%	5,468,755 85.36%	6,407,000
Most Recent Note for GFI - 5/4/2023 12:43:58 PM Steadily rebounded and hit a new 52-week high with today's gain adding to a noted 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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GRBK - NASDAQ - Real Estate Dvlpmt/Ops Green Brick Partners Inc	$44.44	+7.27 19.56%	$45.47	$38.13	16.55%	784,436 244.37%	321,000
Most Recent Note for GRBK - 5/4/2023 12:45:47 PM Hitting a new 52-week high with today's big gap up and volume-driven gain. Faces no resistance due to overhead supply. Reported Mar '23 quarterly earnings +14% on +15% sales revenues versus the year-ago period. The Dec '22 quarter was noted when breaking a streak of 10 strong quarterly comparisons above the +25% minimum guideline (C criteria). Strong annual earnings history (A criteria) included a slight downturn in FY '18. The Building - Residential/Commercial industry group is currently ranked 1st on the 197 Industry Groups list, a reassuring sign concerning the L criteria. Completed a Secondary Offering on 1/27/21.
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HDB - NYSE - BANKING - Foreign Regional Banks H D F C Bank Ltd Adr	$68.86	-0.64 -0.92%	$71.01	$71.76	-4.04%	1,899,351 139.15%	1,365,000
Most Recent Note for HDB - 5/4/2023 12:46:28 PM Last noted with caution in the 4/18/23 mid-day report - "Reported earnings +11% on +20% sales revenues for the Mar '23 quarter versus the year-ago period and fundamental concerns remain. Prior quarterly earnings growth also was below the +25% minimum earnings guideline (C criteria). Shares split 2:1 on 9/26/19. This India-based financial institution was dropped from the Featured Stocks list on 1/17/08. Completed a new Public Offering on 2/05/15."
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HUBS - NYSE - Computer Sftwr-Enterprse Hubspot Inc	$448.28	+30.29 7.25%	$468.88	$431.60	3.86%	1,082,828 190.30%	569,000
Most Recent Note for HUBS - 5/4/2023 12:47:41 PM Went through a deep consolidation since noted with caution in the 11/17/21 mid-day report. Faces resistance due to overhead supply up to the $866 level. Reported Mar '23 quarterly earnings +122% on +27% sales revenues versus the year-ago period, its 3rd consecutive quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been strong.
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IBP - NYSE - DIVERSIFIED SERVICES - Business/Management Services Installed Building Products, Inc	$114.70	-7.96 -6.49%	$122.44	$125.87	-8.87%	198,301 76.56%	259,000
Most Recent Note for IBP - 5/4/2023 12:49:36 PM Undercutting its 50 DMA line ($113.65) with today's big volume-driven loss. Faces resistance due to overhead supply up to the $141 level. Reported Mar '23 quarterly earnings +40% versus the year-ago period, its 5th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong.
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LNTH - NASDAQ - Medical-Products Lantheus Holdings Inc	$94.79	+12.28 14.88%	$99.32	$91.62	3.46%	1,960,133 181.49%	1,080,000
Most Recent Note for LNTH - 5/4/2023 12:52:41 PM Hitting a new all-time high with today's gap up and volume-driven gain, rallying from a cup-with-high-handle base pattern. Reported earnings +52% for the Mar '23 quarter versus the year-ago period. Recent comparisons were well above the +25% minimum earnings guideline (C criteria) with very strong sales revenues growth. Annual earnings (A criteria) history had a big downturn in FY '20 and remained near the same level in FY '21 before recovering and increasing greatly in FY '22.
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MLM - NYSE - MATERIALS & CONSTRUCTION - General Building Materials Martin Marietta Materls	$391.88	+23.33 6.33%	$401.90	$386.73	1.33%	363,118 102.87%	353,000
Most Recent Note for MLM - 5/4/2023 12:55:15 PM Gapped up today clearing the recent high ($386) but it faces resistance due to overhead supply up to the $446 level. Reported strong Mar '23 quarterly earnings versus the year-ago period. Fundamental concerns remain due to erratic and subpar growth in prior quarterly comparisons.
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NJR - NYSE - UTILITIES - Gas Utilities New Jersey Resources	$49.98	-2.07 -3.98%	$52.28	$55.84	-10.49%	405,839 84.73%	479,000
Most Recent Note for NJR - 5/4/2023 12:56:56 PM New Jersey Utility-Gas firm's quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines. Technically, it is slumping below its 50 DMA line with recent volume-driven losses.
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NVEC - NASDAQ - ELECTRONICS - Semiconductor - Specialized N V E Corp	$87.60	+10.97 14.32%	$91.00	$85.33	2.66%	46,450 145.16%	32,000
Most Recent Note for NVEC - 5/4/2023 12:58:52 PM Today's gap up and considerable volume-driven gain has it hitting new multi-year highs. Reported strong Mar '23 quarterly earnings +115% versus the year-ago period. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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NVO - NYSE - DRUGS - Drug Manufacturers - Other Novo Nordisk A/S Adr	$160.22	-7.55 -4.50%	$162.23	$172.97	-7.37%	1,405,330 102.80%	1,367,000
Most Recent Note for NVO - 5/4/2023 12:59:53 PM This Denmark-based Medical - Ethical Drugs firm gapped down today, pulling back from its all-time high following noted volume-driven gains. Found prompt support after noted with caution in the 3/16/23 mid-day report when briefly undercutting its 50 DMA line - "Fundamental concerns remain. Reported Dec '22 quarterly earnings +19% on +18% sales revenues versus the year-ago period."
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OLED - NASDAQ - Elec-Misc Products Universal Display Corp	$136.92	+8.50 6.62%	$139.50	$155.91	-12.18%	401,532 104.57%	384,000
Most Recent Note for OLED - 5/4/2023 1:02:01 PM Gapped up today but remains below its 50 DMA line ($142) which may act as resistance, and it faces additional overhead supply. Reported earnings -21% on -13% sales revenues for the Mar '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) had a downturn in FY '20. Not a match with the fact-based investment system's fundamental guidelines.
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PH - NYSE - MANUFACTURING - Industrial Equipment & Compone Parker-Hannifin Corp	$325.68	+2.46 0.76%	$337.93	$364.57	-10.67%	727,391 78.81%	923,000
Most Recent Note for PH - 5/4/2023 1:04:26 PM Rebounding near its 50 DMA line ($330) which has acted as resistance after damaging volume-driven losses. This giant machinery firm reported earnings +23% for the quarter ended March 31, 2023 versus the year-ago period, marking its 5th consecutive quarterly comparison below the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been strong and steady.
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TGLS - NASDAQ - Bldg-Constr Prds/Misc Tecnoglass Inc	$41.55	-2.63 -5.95%	$48.50	$47.63	-12.77%	376,982 96.66%	390,000
Most Recent Note for TGLS - 5/4/2023 1:07:44 PM Reversed into the red again after today's early gain touched another new all-time high, testing its 50 DMA line ($40.92) which defines important support. Reported Mar '23 quarterly earnings +104% versus the year-ago period, continuing a streak of comparisons with solid sales revenues and earnings 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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TRI - NYSE - Comml Svcs-Market Rsrch Thomson Reuters Corp	$119.97	-4.72 -3.79%	$124.77	$133.56	-10.18%	517,150 139.77%	370,000
Most Recent Note for TRI - 5/4/2023 1:09:03 PM Violated its 50 DMA line ($126.76) during a streak of 3 consecutive damaging losses with heavier volume. Reported Mar '23 quarterly earnings +24% on +4% sales revenues versus the year-ago period. Reported earnings +70% on +3% sales revenues for the Dec '22 quarter versus the year-ago period. Prior quarters showed earnings increases near or above the +25% minimum guideline (C criteria) but subpar sales revenues growth remains a cause for concern. Annual earnings (A criteria) growth has been improving after a downturn in FY '17 and '18.
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WING - NASDAQ - Retail-Restaurants Wingstop Inc	$207.51	-10.44 -4.79%	$223.77	$221.30	-6.23%	573,246 86.07%	666,000
Most Recent Note for WING - 5/4/2023 1:10:48 PM REversed into the red after hitting another new all-time high today. Considerable volume-driven gains have it extended from prior highs in the $187 area. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported Mar '23 quarterly earnings +79% on +43% sales revenues versus the year-ago period, its 3rd strong quarterly comparison. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings growth has been strong after a downturn in FY '19.
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XPO - NYSE - Transportation-Logistics X P O Logistics Inc	$47.02	+2.62 5.90%	$48.85	$45.49	3.36%	1,785,820 84.76%	2,107,000
Most Recent Note for XPO - 5/4/2023 1:12:50 PM Gapped up today rallying above its February '23 high. Held its ground following a recently noted spurt of gains marked by ever-increasing volume. Faces resistance due to overhead supply up to the $53 level. Completed a new Public Offering on 6/29/21. Reported Mar '23 quarterly earnings +22 versus the year-ago period. The 4/26/23 mid-day report noted - "Fundamental concerns remain due to subpar sales revenues growth and its up-and-down annual earnings history (A criteria) that do not match with the fundamental guidelines of the fact-based investment system."
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XYL - NYSE - Machinery-Tools & Rel Xylem Inc	$105.35	+1.20 1.15%	$107.90	$118.58	-11.15%	1,202,407 81.19%	1,481,000
Most Recent Note for XYL - 5/4/2023 1:16:29 PM Found support near its 200 DMA line in recent months while consolidating. Faces resistance due to overhead supply up to the $138 level. Reported Mar '23 quarterly earnings +53% versus the year-ago period, its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history included a downturn in FY '20.
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YUMC - NYSE - Retail-Restaurants Yum China Holdings Inc	$61.73	-0.84 -1.34%	$64.50	$64.70	-4.59%	1,346,091 85.85%	1,568,000
Most Recent Note for YUMC - 5/4/2023 1:17:27 PM Consolidating near its 50 DMA line ($61.63) after briefly slumping below that important short-term average. Went through a deep consolidation since hitting an all-time high in June 2021. Reported Mar '23 quarterly earnings +188% on +9% sales revenues versus the year-ago period. 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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ZTS - NYSE - Medical-Ethical Drugs Zoetis Inc	$180.27	+2.54 1.43%	$182.76	$183.81	-1.93%	1,660,679 93.77%	1,771,000
Most Recent Note for ZTS - 5/4/2023 1:19:20 PM Went through a deep consolidation from its all-time high since last noted with caution in the 1/06/22 mid-day report. Quarterly comparisons through Mar '23 were not strong and steady above the +25% minimum earnings guideline (C criteria). Sales revenues growth rate has been mostly slow and steady. Annual earnings (A criteria) history has been steady.
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