Mid-Day Breakouts Report - Wednesday, June 3rd, 2020

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, JUNE 3RD, 2020
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DOW 26155.93 413.28 (1.61%) | NASDAQ 9668.34 59.97 (0.62%) | S&P 500 3118.26 37.44 (1.22%)

Time of Screening : 6/3/2020 12:04:41 PM Report Released : 6/3/2020 1:26:25 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
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
AAXN - NASDAQ Axon Enterprise Inc	$93.79	-4.06 -4.15%	$97.96	1,021,505 112.13% of 50 DAV 50 DAV is 911,000	$99.62 -5.85%	5/8/2020	$84.86	PP = $90.20 MB = $94.71
Most Recent Note - 6/3/2020 12:38:52 PM Y - Color code is changed to yellow while pulling back below its "max buy" level. Considerable volume-driven gains above the pivot point triggered a technical buy signal but it quickly got extended more than 5% above the prior highs in the $90-91 area which define initial support to watch on pullbacks. >>> The latest Featured Stock Update with an annotated graph appeared on 5/28/2020. Click here.
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TTD - NASDAQ The Trade Desk Inc Cl A	$340.20	+21.94 6.89%	$343.39	1,553,053 70.15% of 50 DAV 50 DAV is 2,214,000	$327.35 3.93%	6/3/2020	$340.61	PP = $327.35 MB = $343.72
Most Recent Note - 6/3/2020 Y - Color code is changed to yellow with new pivot point cited based on its 5/07/20 high. Hitting a new all-time high with today's big gain following a deep pullback and a 3-week handle-like consolidation. A gain and strong close above the pivot point backed by at least +40% above average volume may trigger a convincing technical buy signal. Fundamentals remain strong after it reported Mar '20 quarterly earnings +84% on +33% sales revenues, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 9/09/19. >>> The latest Featured Stock Update with an annotated graph appeared on 9/9/2019. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AEM - NYSE - METALS & MINING - Gold Agnico Eagle Mines Ltd	$59.53	-2.65 -4.26%	$61.28	$69.66	-14.54%	1,205,301 58.03%	2,077,000
Most Recent Note for AEM - 6/3/2020 12:41:23 PM Retreating from its 52-week high and undercutting prior highs in the $63-64 area. This Canadian firm in the Mining - Gold/Silver/Gems group's 3 latest quarterly sales revenues and earning increases through Mar '20 have been strong. Its annual earnings (A criteria) history has been up and down.
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ALRM - NASDAQ - Security/Sfty Alarm.Com Holdings, Inc	$54.43	+3.34 6.54%	$54.58	$58.55	-7.04%	389,318 65.43%	595,000
Most Recent Note for ALRM - 6/3/2020 12:45:34 PM Reported earnings +24% on +35% sales revenues for the Mar '20 quarter, marking its 2nd consecutive quarterly comparison near or above the +25% minimum earnings guideline (C criteria). Fundamentals are not a match with the fact-based investment system. It is rebounding following a deep consolidation since last noted when dropped from the Featured Stocks list on 5/13/20.
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ALTR - NASDAQ - Computer Sftwr-Design Altair Engineering Cl A	$40.81	+0.99 2.49%	$41.23	$43.28	-5.71%	192,988 65.87%	293,000
Most Recent Note for ALTR - 6/3/2020 12:49:59 PM Fundamental concerns remain due to sub par quarterly and annual earnings history (C and A criteria). Rebounding toward its 52-week and all-time highs.
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CMCL - AMEX - Mining-Gold/Silver/Gems Caledonia Mining Corp	$16.53	-0.45 -2.65%	$16.99	$17.40	-5.00%	49,468 98.94%	50,000
Most Recent Note for CMCL - 6/3/2020 12:51:04 PM Perched at its 52-week high today. Held its ground stubbornly after a recent streak of volume-driven gains. Prior mid-day reports cautioned members - "Reported strong Mar '20 quarterly results, but prior quarterly comparisons were negative versus the year ago periods."
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CRNC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Cerence Inc	$37.97	+1.95 5.40%	$38.62	$36.65	3.59%	501,926 58.91%	852,000
Most Recent Note for CRNC - 6/3/2020 12:52:37 PM Hitting a new 52-week high with today's 4th consecutive gain marked by above average volume. Reported earnings +39% on +23% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fundamental guidelines of the fact-based investment system.
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DT - NYSE - Computer Sftwr-Enterprse Dynatrace Inc	$35.73	-1.04 -2.83%	$36.06	$39.10	-8.62%	9,000,238 410.59%	2,192,000
Most Recent Note for DT - 6/3/2020 12:53:51 PM Pulling back from its 52-week high. Went through a deep consolidation and rebounded impressively since completing another Secondary Offering on 2/21/20. Reported earnings +267% on +30% sales revenues for the Mar '20 quarter versus the year ago period but fundamental concerns remain. Prior mid-day reports cautioned members - "Limited history is a concern since it completed its $16.00 IPO on 8/01/19 and a Secondary Offering on 12/06/19."
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ECL - NYSE - CONSUMER NON-DURABLES - Cleaning Products Ecolab Inc	$221.35	+9.21 4.34%	$221.78	$220.39	0.44%	20,145,692 520.96%	3,867,000
Most Recent Note for ECL - 6/3/2020 12:54:41 PM Hitting new 52-week and all-time highs again today, adding to an impressive spurt of volume-driven gains. Fundamental concerns remain as noted in prior mid-day reports - "Annual earnings growth has been slow and steady. Quarterly comparisons have shown sales revenues and earnings increases below the +25%* guideline."*
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FNV - NYSE - METALS & MINING - Gold Franco Nevada Corp	$132.12	-3.43 -2.53%	$134.37	$152.70	-13.48%	701,298 60.35%	1,162,000
Most Recent Note for FNV - 6/3/2020 12:56:46 PM Pulling back from its all-time high, slumping near its 50 DMA line ($129.54) which defines near-term support above prior highs. Reported Mar '20 quarterly earnings +66% on +34% sales revenues, its 3rd consecutive quarterly comparison with very strong results versus the year ago period. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Annual earnings (A criteria) history has been strong after a downturn in FY '15.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$30.34	+2.85 10.37%	$30.43	$34.96	-13.22%	178,946 59.25%	302,000
Most Recent Note for FOCS - 6/3/2020 12:58:20 PM Reported earnings +57% on +30% sales revenues for the Mar '20 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Faces resistance due to overhead supply up to the $40 level.
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HTHT - NASDAQ - LEISURE - Lodging China Lodging Group Ads	$37.82	+0.04 0.11%	$38.12	$43.15	-12.35%	2,076,807 90.34%	2,299,000
Most Recent Note for HTHT - 6/3/2020 12:59:20 PM Still faces resistance due to overhead supply up to the $45 level. Reported earnings +11% on +7% sales revenues for the Dec '19 quarter versus the year ago period. Prior quarterly comparisons also had earnings below the +25% minimum guideline (C criteria) with sub par sales revenues growth. Changed its name from China Lodging Group during a deep consolidation below its 200 DMA line after dropped from the Featured Stocks list on 7/31/18.
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INTL - NASDAQ - FINANCIAL SERVICES - Investment Brokerage - Regional Intl Fcstone Inc	$52.49	+3.41 6.94%	$52.62	$52.23	0.49%	74,439 76.74%	97,000
Most Recent Note for INTL - 6/3/2020 1:03:12 PM Hitting a new 52-week high with today's big gain and little resistance remains due to overhead supply up to the $57 level. Reported Dec '19 quarterly earnings +65% on +183% sales revenues versus the year ago period. Earnings increases were below the +25% minimum guideline (C criteria) in 2 of the prior 4 quarterly comparisons. Up and down annual earnings (A criteria) growth has not been a good match with the guidelines of the fact-based investment system.
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NTES - NASDAQ - INTERNET - Internet Information Providers Netease Inc Adr	$420.47	+11.82 2.89%	$423.00	$416.46	0.96%	579,105 75.70%	765,000
Most Recent Note for NTES - 6/3/2020 1:04:06 PM Hitting another new all-time high with today's 4th consecutive volume-driven gain. Prior mid-day reports cautioned members - "Reported Mar '20 quarterly earnings +18% on +12% sales revenues versus the year ago period, its 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Annual earnings included a big downturn in FY '18, a flaw concerning the A criteria of the fact-based investment system. Went through a deep and choppy consolidation since dropped from the Featured Stocks list on 8/15/17."
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NYT - NYSE - MEDIA - Publishing - Newspapers New York Times Co Cl A	$40.21	+0.34 0.84%	$40.51	$40.22	-0.04%	1,181,953 67.58%	1,749,000
Most Recent Note for NYT - 6/3/2020 1:05:07 PM Hitting new multi-year highs with today's gain after a deep pullback. Reported Mar '20 earnings -15% on +1% sales versus the year ago period, below the +25% minimum earnings guideline (C criteria). Sub par earnings and sales revenues growth is a fundamental concern. Annual earnings growth slowly and steadily improved after a downturn in FY '16.
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PW - AMEX - REAL ESTATE - REIT - Diversified/Industrial Power REIT	$26.75	+1.77 7.10%	$27.50	$26.10	2.50%	32,527 60.24%	54,000
Most Recent Note for PW - 6/3/2020 1:05:50 PM Hitting yet another new 52-week high today. Recently powered higher with big volume-driven gains. Rebounded impressively after a deep pullback in recent weeks. This REIT reported earnings +36% on +58% sales revenues for the Mar '20 quarter versus the year ago period. Fundamental concerns remain as prior earnings increases in quarterly comparisons were below the +25% minimum guideline (C criteria).
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QRVO - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir Qorvo, Inc	$113.51	+3.83 3.49%	$115.20	$122.37	-7.24%	1,228,242 69.87%	1,758,000
Most Recent Note for QRVO - 6/3/2020 1:07:09 PM Rebounding toward its 52-weeek high after a deep consolidation. Reported +29% earnings on +16% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria).
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SQ - NYSE - Finance-CrdtCard/PmtPr Square Inc	$91.50	+3.50 3.98%	$92.09	$88.27	3.66%	9,545,841 60.65%	15,738,000
Most Recent Note for SQ - 6/3/2020 1:11:24 PM Hitting a new 52-week high with today's big volume-driven gain. Faces little additional resistance due to overhead supply up to the $101 level. Fundamental concerns were raised as it reported a loss of 2 cents per share versus earnings of 11 cents per share with sales revenues +44% from the year ago quarter ended March 31st. Prior quarterly earnings comparisons were above the +25% minimum guideline (C criteria). Went through a choppy consolidation since dropped from the Featured Stocks list on 4/25/18.
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STM - NYSE - ELECTRONICS - Semiconductor - Broad Line Stmicroelectronics N V	$27.64	+1.86 7.21%	$27.72	$31.98	-13.57%	2,436,013 110.13%	2,212,000
Most Recent Note for STM - 6/3/2020 1:14:47 PM Gapped up today after consolidating above its 50 and 200 DMA lines in recent weeks. This Switzerland-based manufacturer of Semiconductor products reported earnings +5% on +7% sales revenues for the Mar '20 quarter, and prior quarterly earnings comparisons were lower than the respective year ago periods. Annual earnings (A criteria) history has been erratic and not a great match with the guidelines of the fact-based investment system.
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TW - NASDAQ - Financial Svcs-Specialty Tradeweb Markets Cl A	$63.98	-4.02 -5.92%	$67.72	$69.06	-7.36%	903,349 87.20%	1,036,000
Most Recent Note for TW - 6/3/2020 1:20:51 PM Pulling back abruptly today after getting very extended from any sound base. Completed a new Public Offering on 4/24/20 and made steady progress into new all-time high territory. Reported earnings +61% on +26% sales revenues for the Mar '20 quarter, its 2nd consecutive strong quarterly comparison versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Limited history remains a concern since its $27 IPO on 4/04/19 and an additional Public Offering on 10/17/19.
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WSTG - NASDAQ - Wholesale-Electronics Wayside Tech Group Inc	$23.75	+0.55 2.37%	$23.91	$24.45	-2.86%	15,420 64.25%	24,000
Most Recent Note for WSTG - 6/3/2020 1:21:24 PM Perched at its 52-week high today. Following a recent spurt of volume-driven gains it stubbornly held its ground. Prior mid-day reports cautioned members - "Reported earnings +50% on +40% sales revenues for the Mar '20 quarter versus the year ago period. Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$221.99	+13.91 6.68%	$222.00	$212.69	4.37%	21,190,412 148.23%	14,296,000
Most Recent Note for ZM - 6/3/2020 1:26:18 PM Reported earnings +567% on +169% sales revenues for the Apr '20 quarter versus the year ago period, substantially beating estimates. Prior quarterly comparisons also showed very strong sales revenues and great earnings increases well above the +25% minimum guideline (C criteria). Volume and volatility often increase near earnings news. Very extended from any sound base, it has powered into new all-time high territory with 5 consecutive volume-driven gains. Patient investors may wait for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Found prompt support at its 50 DMA line on pullbacks during its ongoing ascent. Completed its $36.00 IPO on 4/18/19. Limited annual history (A criteria) is a concern.
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