Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<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 - THURSDAY, MAY 6TH, 2021
Previous Mid Day Report Next Mid Day Report >>>

DOW 34444.65 214.31 (0.63%) | NASDAQ 13584.78 2.36 (0.02%) | S&P 500 4182.29 14.7 (0.35%)
Time of Screening : 5/6/2021 12:04:06 PM         Report Released : 5/6/2021 1:20:36 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
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
Max Buy
QRVO - NASDAQ
Qorvo, Inc
$187.66 +5.10
2.79%
$187.85 750,518
67.08% of 50 DAV
50 DAV is 1,118,800
$201.68
-6.95%
4/1/2021 $190.48 PP = $191.92
MB = $201.52
Most Recent Note - 5/6/2021 1:04:00 PM
Y - Reported Mar '21 quarterly earnings +75% on +36% sales revenues versus the year ago period, its 3rd very strong quarterly comparison. Finding support near its 50 DMA line ($183) this week. That important short-term average acted as support when it stalled after recently wedging up to new highs from a 9-week base. Its Relative Strength Rating is 67, below the 80+ minimum for buy candidates, yet it is only -7.3% off its high.
>>> The latest Featured Stock Update with an annotated graph appeared on 4/29/2021. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
RCKY - NASDAQ
Rocky Brands Inc
$67.19 +4.69
7.50%
$69.00 102,898
122.50% of 50 DAV
50 DAV is 84,000
$66.06
1.71%
5/5/2021 $61.65 PP = $61.55
MB = $64.63
Most Recent Note - 5/6/2021 1:06:28 PM
G - Hitting another new high and rallying above its "max buy" level with today's big volume-driven gain and its color code is changed to green. Finished in the middle of its intra-day range after highlighted in yellow in the 5/05/21 mid-day report with a pivot point cited based on its 4/05/21 high following a 4-week square box base. Gapped up hitting a new all-time high and triggering a technical buy signal with a big volume-driven gain. Bullish action came after it reported Mar '21 quarterly earnings +341% on +57% sales revenues versus the year ago period, its 3rd strong quarterly comparison. Annual earnings (A criteria) history has been strong since a downturn in FY '16.
>>> The latest Featured Stock Update with an annotated graph appeared on 5/5/2021. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AB - NYSE - Finance-Investment Mgmt
Alliancebernstein Hld Lp
$45.65 +0.50
1.11%
$45.91 $45.45 0.44% 288,496
63.83%
452,000
Most Recent Note for AB - 5/6/2021 12:06:37 PM
Hitting new multi-year highs with today's gain. Quarterly earnings increases through Mar '21 were not strong and steady above the +25% minimum guideline (C criteria) Annual earnings growth (A criteria) has not been strong and steady.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ASO - NASDAQ - Retail-Leisure Products
Academy Sports & Outdoor
$36.46 +3.17
9.51%
$36.60 $33.75 8.01% 7,901,535
360.47%
2,192,000
Most Recent Note for ASO - 5/6/2021 12:13:34 PM
Gapped up today rallying into new high territory. Completed a new Secondary Offering this week after a brief consolidation well above its 50 DMA line which previously acted as support. Reported Jan '21 quarterly earnings +335% on +17% sales revenues versus the year ago period, its 3rd strong quarterly comparison. Completed a Secondary Offering on 1/29/21. Limited history is a concern since its $13 IPO on 10/02/20.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BLD - NYSE - Bldg-Constr Prds/Misc
Topbuild Corp
$218.98 -11.07
-4.81%
$233.28 $235.50 -7.01% 187,724
62.78%
299,000
Most Recent Note for BLD - 5/6/2021 12:26:07 PM
Retreating toward its 50 DMA line ($211) with today's big loss after perched near its all-time high. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported Mar '21 quarterly earnings +47% on +14% sales revenues versus the year ago period, marking its 3rd consecutive comparison above the +25% minimum guideline (C criteria). Sequential comparisons show encouraging acceleration in its sales revenues growth rate, also helping it better match the fact-based investment system's winning models. Annual earnings growth (A criteria) has been strong.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BLDR - NASDAQ - Bldg-Constr Prds/Misc
Builders Firstsource Inc
$51.17 +2.11
4.30%
$52.91 $50.83 0.67% 2,269,834
111.48%
2,036,000
Most Recent Note for BLDR - 5/6/2021 12:31:41 PM
Gapped up today and hit a new all-time high. Found prompt support at its 50 DMA line during its ongoing ascent. Reported very strong Mar '21 and Dec '20 quarterly results versus the year ago periods. Sequential quarterly comparisons show impressive acceleration in its sales revenues growth rate as earnings also improved. Annual earning growth has been strong and steady A criteria). Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
COWN - NASDAQ - Finance-Invest Bnk/Bkrs
Cowen Group Inc Cl A
$39.26 -2.16
-5.21%
$42.17 $43.17 -9.06% 479,948
63.49%
756,000
Most Recent Note for COWN - 5/6/2021 12:34:33 PM
Reported strong Mar '21 quarterly earnings on +283% sales revenues versus the year ago period, continuing its streak of very strong quarterly comparisons. There was a "negative reversal" today following a big volume-driven gain challenging its 52-week high. Still consolidating above its 50 DMA line ($37.55) in an orderly fashion. Up and down annual earnings history (A criteria) is not a match with the fact-based investment system's fundamental guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CWBC - NASDAQ - BANKING - Regional - Pacific Banks
Community West Bancshare
$12.05 +0.05
0.42%
$12.05 $13.44 -10.34% 10,206
102.06%
10,000
Most Recent Note for CWBC - 5/6/2021 12:36:13 PM
Quarterly and annual earning growth has not been strong and steady A criteria) and sales revenues growth has been sub par through Mar '21.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ECHO - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Echo Global Logistics
$35.36 -1.21
-3.30%
$37.65 $37.07 -4.63% 175,488
84.78%
207,000
Most Recent Note for ECHO - 5/6/2021 12:40:06 PM
Reversed into the red after today's early gain for another new 52-week high following recent volume-driven gains. Reported Mar '21 quarterly earnings +221% on +45% sales revenues versus the year ago period, its 2nd strong quarter. Up and down annual earnings history is a flaw concerning the A criteria. Completed a new Public Offering on 4/29/15.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ELY - NYSE - CONSUMER DURABLES - Sporting Goods
Callaway Golf Co
$30.99 +2.15
7.45%
$31.06 $32.59 -4.91% 1,264,953
80.16%
1,578,000
Most Recent Note for ELY - 5/6/2021 12:42:03 PM
Posting a big volume-driven gain today rallying toward prior highs. Quarterly and annual earnings (C and A criteria) history has been erratic, not a match with the fact-based investment system's fundamental guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ERII - NASDAQ - MANUFACTURING - Pollution &; Treatment Controls
Energy Recovery Inc
$19.94 -0.88
-4.20%
$21.00 $22.42 -11.08% 1,189,216
232.72%
511,000
Most Recent Note for ERII - 5/6/2021 12:44:59 PM
Retreating from its all-time high with today's loss on heavier volume. Due to report Mar '21 quarterly results. Strong Sep and Dec '20 quarterly results versus the year ago periods were noted. Found support above its 50 DMA line during an orderly consolidation since noted with caution in the 3/16/21 mid-day report - "Prior quarterly and annual earnings (C and A criteria) history has been below the fundamental guidelines of the fact-based investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ESXB - NASDAQ - Banks-Southeast
Community Bankers Trust
$8.88 +0.02
0.23%
$8.94 $8.99 -1.22% 70,911
77.08%
92,000
Most Recent Note for ESXB - 5/6/2021 12:45:57 PM
Fundamental concerns remain. Last noted with caution in the 1/22/20 mid-day report - "Earnings history is not a match with the fact-based investment system's guidelines. Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
IMKTA - NASDAQ - RETAIL - Grocery Stores
Ingles Markets Inc Cl A
$66.20 +1.81
2.81%
$66.61 $65.65 0.84% 77,774
64.28%
121,000
Most Recent Note for IMKTA - 5/6/2021 12:50:46 PM
Rising from a short 5-week base perched at its all-time high. Stubbornly held its ground following recent volume-driven gains. Reported earnings +30% on +3% sales revenues for the Mar '21 quarter versus the year ago period. The 4 prior quarterly comparisons showed stronger sales revenues growth in the 10-14% range and much bigger earnings increases.

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
LPX - NYSE - MATERIALS & CONSTRUCTION - Lumber, Wood Production
Louisiana Pacific Corp
$68.67 -1.09
-1.56%
$70.50 $73.90 -7.08% 1,188,232
66.72%
1,781,000
Most Recent Note for LPX - 5/6/2021 12:52:01 PM
There was a "negative reversal" on the prior session after hitting yet another new all-time high. Very extended from any sound base following an impressive spurt of volume-driven gains. Quarterly comparisons for Sep, Dec '20, and Mar '21 showed greatly improved sales revenues and earnings increases were well above the +25% minimum guideline (C criteria). A downturn in FY '19 is a flaw in its annual earnings (A criteria) history, not a match with the fact-based investment system's fundamental guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MBUU - NASDAQ - Leisure-Products
Malibu Boats Inc Cl A
$80.86 -1.32
-1.61%
$82.50 $93.00 -13.05% 95,908
58.48%
164,000
Most Recent Note for MBUU - 5/6/2021 12:54:51 PM
Undercutting support at its 50 DMA line ($83.16), pulling back today for a 3rd consecutive volume-driven loss after perched within close striking distance of its all-time high. Reported earnings +61% on +50% sales revenues for the Mar '21 quarter versus the year ago period, its 3rd strong quarter. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) had a downturn in FY '20. Completed a new Public Offering on 8/09/17.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MCFT - NASDAQ - Leisure-Products
Mastercraft Boat Holdings Inc
$29.10 +0.30
1.04%
$29.10 $32.25 -9.77% 268,057
146.48%
183,000
Most Recent Note for MCFT - 5/6/2021 12:56:04 PM
Consolidating above its 50 DMA line ($28.27) and perched within striking distance of its 52-week high. Reported Dec '20 quarterly earnings +74% on +19% sales revenues versus the year ago period. Noted with caution in prior mid-day reports - "Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) and had sub par (waning) sales revenues growth, so fundamental concerns remain. Completed a Secondary Offering on 12/08/16. Completed its $10 IPO on 7/17/15."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NSIT - NASDAQ - RETAIL - Catalog & Mail Order Houses
Insight Enterprises Inc
$93.98 -7.62
-7.50%
$97.14 $104.60 -10.15% 257,484
95.72%
269,000
Most Recent Note for NSIT - 5/6/2021 12:59:15 PM
Gapped down today retreating from its all-time high and undercutting its 50 DMA line ($95.92). Reported earnings +0% on +2% sales revenues for the Mar '21 quarter versus the year ago period. Last noted in the 11/06/19 mid-day report - "Sub par sales revenues growth is a concern, fundamentally. Annual earnings (A criteria) history has been steady after a downturn in FY '13."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PFPT - NASDAQ - Computer Sftwr-Security
Proofpoint Inc
$171.92 -0.04
-0.02%
$172.18 $174.25 -1.34% 2,029,036
141.30%
1,436,000
Most Recent Note for PFPT - 5/6/2021 12:59:44 PM
Hovering at its all-time high following a gap up on 4/27/21 M&A news. Reported earnings +29% on +15% sales revenues for the Mar '21 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Went through a choppy consolidation since dropped from the Featured Stocks list on 10/25/19.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RIO - NYSE - METALS & MINING - Steel & Iron
Rio Tinto Plc Adr
$91.08 +0.70
0.77%
$91.26 $90.96 0.13% 1,962,060
75.17%
2,610,000
Most Recent Note for RIO - 5/6/2021 1:09:03 PM
The UK-based Mining - Metal Ores firm is hitting new all-time highs with above average volume behind today's 4th consecutive gain while clearing a 10-week cup-with-handle base. Reported earnings +43% on +13% sales revenues for the Sep and Dec '20 quarters versus the year ago periods. Fundamental concerns remain as prior mid-day reports cautioned members - "Reported Mar and Jun '20 quarters with earnings -3% on -7% sales revenues versus the year ago period. Annual earnings (A criteria) history has improved since a downturn in FY '15."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RM - NYSE - Finance-Consumer Loans
Regional Management Corp
$41.29 -1.63
-3.80%
$43.14 $43.28 -4.60% 40,872
85.15%
48,000
Most Recent Note for RM - 5/6/2021 1:10:53 PM
Hit a new all-time high on the prior session with a gap up gain. Reported earnings +103% on +2% sales revenues for the Mar '21 quarter versus the year ago period. Prior quarterly earnings comparisons were negative, well below the +25% minimum guideline (C criteria) of the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SITE - NYSE - Retail/Whlsle-Bldg Prds
SiteOne Landscape Supply
$193.40 -0.11
-0.05%
$195.92 $194.94 -0.79% 213,283
74.31%
287,000
Most Recent Note for SITE - 5/6/2021 1:12:03 PM
Hit another new all-time high today following volume-driven gains, extended from any sound base. Reported earnings versus a loss on +41% sales revenues for the Mar '21 quarter versus the year ago period. Fundamental concerns remain. Made gradual progress since it completed a new Public Offering on 8/05/20.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
STAA - NASDAQ - HEALTH SERVICES - Medical Appliances & Equipment
Staar Surgical Co
$133.14 +8.38
6.72%
$136.88 $139.97 -4.88% 399,095
69.89%
571,000
Most Recent Note for STAA - 5/6/2021 1:13:50 PM
Rebounding near its all-time high with today's big volume-driven gain. Reported Mar '21 quarterly earnings +400% on +44% sales revenues versus the year ago period. Prior quarterly earnings growth has been below the +25% minimum guideline (C criteria) and annual earnings (A criteria) included a downturn in FY '20.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TBBK - NASDAQ - BANKING - Regional - Mid-Atlantic Banks
Bancorp Inc
$24.23 -0.14
-0.57%
$24.91 $25.14 -3.62% 906,963
160.24%
566,000
Most Recent Note for TBBK - 5/6/2021 1:14:29 PM
Gapped up on the prior session5/04/21 hitting a new 52-week high. Prior mid-day reports noted - "Fundamentals are not a match with the minimum guidelines (C and A criteria) for buy candidates. It was dropped from the Featured Stocks list on 10/31/13."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TRMB - NASDAQ - ELECTRONICS - Scientific & Technical Instrum
Trimble Navigation Ltd
$78.38 -2.73
-3.37%
$79.68 $84.87 -7.65% 922,241
60.28%
1,530,000
Most Recent Note for TRMB - 5/6/2021 1:16:51 PM
Pulling back from its all-time high, testing its 50 DMA line ($77.68). Reported earnings +35% on +12% sales revenues for the Mar '21 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WIT - NYSE - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Wipro Ltd Adr
$7.51 +0.27
3.73%
$7.52 $7.36 2.04% 1,598,200
90.76%
1,761,000
Most Recent Note for WIT - 5/6/2021 1:20:27 PM
Hitting a new 52-week high with today's volume-driven gain, but it is extended from any sound base. Large supply of 5.94 billion shares (S criteria) outstanding. Quarterly results for Mar '21 showed improvement. Prior comparisons showed earnings increases well below the +25% guideline (C criteria). Sales revenues growth has been sub par while its annual earnings (A criteria) growth has been slow and steady. This Indian IT firm was was dropped from the Featured Stocks list on 2/28/07.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC 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.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us