Mid-Day Breakouts Report - Monday, June 5th, 2023

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MIDDAY BREAKOUTS REPORT - MONDAY, JUNE 5TH, 2023
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DOW 33676.16 -86.6 (-0.26%) | NASDAQ 13309.99 69.23 (0.52%) | S&P 500 4292.97 10.6 (0.25%)

Time of Screening : 6/5/2023 12:16:57 PM Report Released : 6/5/2023 1:49:44 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
PANW - NYSE Palo Alto Networks	$228.35	+11.11 5.11%	$229.12	7,531,356 192.96% of 50 DAV 50 DAV is 3,903,000	$219.93 3.83%	6/5/2023	$228.35	PP = $213.73 MB = $224.42
Most Recent Note - 6/5/2023 1:22:31 PM Y - Color code is changed to yellow with new pivot point cited based on its 4/20/22 high plus 10 cents. Powering to new all-time highs with today's gap up and 8th consecutive volume-driven gain. Share price was impacted by a 3:1 split on 9/14/22. Reported Apr '23 quarterly earnings +83% on +24% sales revenues versus the year-ago period, and prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). >>> The latest Featured Stock Update with an annotated graph appeared on 4/3/2019. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AME - NYSE - MANUFACTURING - Industrial Electrical Equipmen Ametek Inc	$149.22	-1.46 -0.97%	$150.71	$151.20	-1.31%	794,244 79.74%	996,000
Most Recent Note for AME - 6/5/2023 12:23:26 PM Reported earnings +12% on +10% sales revenues for the Mar '23 quarter versus the year-ago period. Prior quarterly comparisons were also below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history had a downturn in FY '20.
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CHDN - NASDAQ - LEISURE - Gaming Activities Churchill Downs Inc	$135.98	-6.22 -4.37%	$141.27	$150.45	-9.62%	347,924 88.53%	393,000
Most Recent Note for CHDN - 6/5/2023 12:25:43 PM Pulled back from its 52-week high testing support near its 50 DMA line ($135.57). Last noted with caution in the 4/27/23 mid-day report - "Reported Mar '23 earnings +66% on +54% sales revenues versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) had a big downturn in FY '20. Dropped from the Featured Stocks list on 2/28/20."
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CLMB - NASDAQ - Wholesale-Electronics Climb Global Solutions	$48.05	-0.09 -0.19%	$48.81	$55.70	-13.73%	43,729 190.13%	23,000
Most Recent Note for CLMB - 6/5/2023 12:27:43 PM Sputtering below its 50 DMA line ($49.45) encountering distributional pressure. Reported Mar '23 quarterly earnings +21% on +19% sales revenues versus the year-ago period. Fundamental concerns remain.
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CODA - NASDAQ - Aerospace/Defense Coda Octopus Group Inc	$10.40	-0.14 -1.34%	$10.63	$11.09	-6.23%	80,536 287.63%	28,000
Most Recent Note for CODA - 6/5/2023 12:29:52 PM Perched near a new multi-year high today while churning above average volume for a 3rd consecutive session. Fundamental concerns remain for this thinly-traded Aerospace/Defense firm. Prior mid-day reports noted - "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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CRM - NYSE - INTERNET - Internet Software & Services Salesforce.com Inc	$209.47	-3.56 -1.67%	$211.01	$225.00	-6.90%	3,955,990 65.38%	6,051,000
Most Recent Note for CRM - 6/5/2023 12:31:30 PM Sputtering and retreating from its 52-week high following volume-driven gains. Reported Apr '23 quarterly earnings +72% on +11% sales revenues versus the year ago period. Went through a deep consolidation from its all-time high since noted with caution in the 12/01/21 mid-day report. Large supply of 1 billion shares outstanding (S criteria) makes it an unlikely sprinter, and it is already owned by more than 4,265 top-rated funds (I criteria). Quarterly earnings comparisons have not been strong and steady above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history remains a concern.
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FSS - NYSE - AUTOMOTIVE - Trucks & Other Vehicles Federal Signal Corp	$56.93	-1.19 -2.05%	$57.88	$58.36	-2.45%	209,895 79.21%	265,000
Most Recent Note for FSS - 6/5/2023 12:34:41 PM Retreating today after gapping up and touching a new all-time high on the prior session. Reported earnings +35% on +17% sales revenues for the Mar '22 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been up and down.
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HWKN - NASDAQ - CHEMICALS - Basic Chemicals Hawkins Inc	$47.53	-2.43 -4.86%	$49.98	$51.73	-8.12%	40,225 68.18%	59,000
Most Recent Note for HWKN - 6/5/2023 12:41:14 PM Perched near multi-year highs following recent volume-driven gains. Three of the past 4 quarterly earnings comparisons through Mar '23 versus the year-ago periods were below the +25% minimum guideline (C criteria). Went through a choppy consolidation above and below its 200 DMA line since dropped from the Featured Stocks list on 4/08/22.
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JFIN - NASDAQ - Financial Svcs-Specialty Jiayin Group Cl A	$7.84	+0.56 7.69%	$8.12	$7.35	6.67%	389,827 166.59%	234,000
Most Recent Note for JFIN - 6/5/2023 12:43:00 PM Powering higher today and it was noted in the prior mid-day report - "Rallying impressively in recent weeks following a deep consolidation from its $14 high in Mar '21. Due to report Mar '23 quarterly results on 6/14/23. China-based firm's quarterly earnings comparisons through Dec '22 have been strong versus the year-ago period. There was a downturn in FY '19 and '20 earnings, and fundamental concerns remain."
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KBR - NYSE - DIVERSIFIED SERVICES - Technical Services K B R Inc	$61.11	-0.52 -0.84%	$61.69	$61.86	-1.21%	871,056 76.01%	1,146,000
Most Recent Note for KBR - 6/5/2023 12:44:48 PM Hit a new 52-week high on the prior session with a 5th consecutive gain backed by ever-increasing volume when noted in the mid-day report with caution - "Reported Mar '23 quarterly earnings +8% on -1% sales revenues versus the year ago period, its 3rd consecutive quarterly comparison below the +15% minimum earnings guideline. Not a match with the fact-based investment system's fundamental guidelines."
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LULU - NASDAQ - MANUFACTURING - Textile Manufacturing Lululemon Athletica	$358.58	-6.86 -1.88%	$363.64	$389.06	-7.83%	1,483,785 74.98%	1,979,000
Most Recent Note for LULU - 6/5/2023 12:47:12 PM Slumping back below its 50 DMA line ($364.38) today after a considerable gap up on the prior session when reporting Apr '23 quarterly earnings +54% on +24% sales revenues versus the year-ago period. Noted with caution in prior mid-day reports - "Faces resistance due to overhead supply up to the $485 level. Three of the 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '21."
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NVS - NYSE - DRUGS - Drug Manufacturers - Major Novartis Ag Adr	$99.57	+0.66 0.67%	$99.99	$105.56	-5.67%	1,690,350 77.57%	2,179,000
Most Recent Note for NVS - 6/5/2023 12:50:06 PM Consolidating near its 50 DMA line ($98.75) after retreating from its all-time high. Fundamental concerns remain for this Swiss Drug company.
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OPRA - NASDAQ - INTERNET - Content Opera ADR	$18.41	+1.27 7.41%	$18.89	$17.90	2.85%	602,011 125.94%	478,000
Most Recent Note for OPRA - 6/5/2023 12:54:57 PM Extended from any sound base and powering to another new all-time high with today's volume-driven gain adding to an impressive spurt higher. Showed improved results for the Dec '22 and Mar '23 quarterly comparisons versus the year-ago periods, but fundamental concerns remain.
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PAM - NYSE - TRANSPORTATION - Trucking Pampa Energia Sa Adr	$39.04	+0.52 1.35%	$39.59	$39.19	-0.38%	108,279 70.31%	154,000
Most Recent Note for PAM - 6/5/2023 12:56:25 PM Inching to a new 52-week high with today's 3rd consecutive gain. This Argentine utility firm's quarterly and annual earnings (C and A criteria) history has been erratic.
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PATH - NASDAQ - Medical-Biomed/Biotech Nupathe Inc	$19.15	+0.91 4.96%	$19.22	$22.30	-14.15%	8,043,168 95.02%	8,465,000
Most Recent Note for PATH - 6/5/2023 1:25:17 PM Reported strong quarterly results in Oct '22, Jan and Apr '23 versus the year-ago periods. Faces resistance due to overhead supply up to the $44 level.
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PCYG - NASDAQ - Comp Sftwr-Spec Enterprs Park City Group Inc	$8.43	+0.18 2.20%	$8.44	$8.28	1.83%	43,510 229.00%	19,000
Most Recent Note for PCYG - 6/5/2023 1:27:13 PM Reversed into the red after hitting another new 52-week high today following 7 consecutive gains marked by ever-increasing volume. Prior mid-day reports noted - "This thinly-traded Computer Software firm showed earnings increases above the +25% minimum guideline (C criteria) in 3 of the past for quarters through Dec '22 versus the year-ago periods. Quarterly sales revenues totals have been in the $4-5 million range, rather minuscule, and sales revenues growth has not been strong. Annual earnings included a downturn in FY '20."
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PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$26.76	+0.20 0.75%	$26.88	$26.93	-0.63%	347,971 67.57%	515,000
Most Recent Note for PGTI - 6/5/2023 1:33:13 PM Hitting a new 52-week high with today's 3rd consecutive gain after finding support at its 50 DMA line ($25.28) last week. Reported earnings +33% on +5% sales revenues for the Mar '23 quarter versus the year-ago period. Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18.
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PPSI - NASDAQ - Electrical-Power/Equipmt Pioneer Power Solutions	$6.74	+0.57 9.15%	$6.90	$6.90	-2.32%	210,069 122.13%	172,000
Most Recent Note for PPSI - 6/5/2023 1:37:27 PM Challenging recent highs with volume-driven gains, but it faces resistance due to overhead supply up to the $14 level. Fundamental concerns remain.
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SURG - NASDAQ - Medical-Systems/Equip Synergetics Usa Inc	$7.90	+0.36 4.71%	$7.94	$7.72	2.27%	138,339 85.92%	161,000
Most Recent Note for SURG - 6/5/2023 1:39:42 PM Hitting a new 52-week high today with a 4th consecutive volume-driven gain. Reported greatly improved Dec '22 and Mar '23 quarterly results versus the year ago periods but fundamental concerns remain. Low-priced stocks are riskier candidates which the fact-based system discourages.
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UFPT - NASDAQ - CONSUMER NON-DURABLES - Packaging & Containers U F P Tech Inc	$161.13	+1.27 0.79%	$167.85	$160.46	0.41%	76,605 114.34%	67,000
Most Recent Note for UFPT - 6/5/2023 1:46:12 PM Extended from any sound base and hitting a new all-time high with today's 3rd consecutive volume-driven gain. Reported earnings +98% on +37% sales revenues for the Mar '23 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has not been strong and steady.
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VTS - NYSE - Finance-Investment Mgmt Vitesse Energy	$23.55	-0.58 -2.40%	$24.72	$24.50	-3.88%	273,375 77.01%	355,000
Most Recent Note for VTS - 6/5/2023 1:49:35 PM Reversed into the red after touching a new 52-week high today. Limited history is cause for concern since trading began on 1/10/23 on the NYSE.
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