Mid-Day Breakouts Report - Tuesday, June 6th, 2023

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MIDDAY BREAKOUTS REPORT - TUESDAY, JUNE 6TH, 2023
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DOW 33549.61 -13.25 (-0.04%) | NASDAQ 13284.05 54.62 (0.41%) | S&P 500 4284.96 11.17 (0.26%)

Time of Screening : 6/6/2023 12:09:39 PM Report Released : 6/6/2023 1:03:41 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 70% 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

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
ARES - NYSE - FINANCIAL SERVICES - Asset Management Ares Management, L.P.	$91.01	+1.87 2.10%	$91.14	$90.28	0.81%	830,060 87.47%	949,000
Most Recent Note for ARES - 6/6/2023 12:11:26 PM Hitting a new all-time high with today's volume-driven gain. Recently found support at its 50 DMA line. Reported Mar '23 quarterly earnings +104% on +14% sales revenues versus the year-ago period. Prior quarterly comparisons showed subpar results. Completed a new Public Offering 4/06/21. Up and down annual earnings (A criteria) history does not match the fact-based investment system.
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BELFB - NASDAQ - ELECTRONICS - Diversified Electronics Bel Fuse Inc Cl B	$54.36	+2.55 4.92%	$54.52	$54.35	0.02%	103,942 80.58%	129,000
Most Recent Note for BELFB - 6/6/2023 12:12:47 PM Hitting another new 52-week high with today's gain. Rebounded above its 50 DMA line with a gap up on 4/27/23 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, and not a match with the fact-based investment system's fundamental guidelines.
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BWMX - NASDAQ - Hsehold-Appliances/Wares Betterware de Mexico SAB	$13.01	+0.18 1.40%	$13.01	$13.72	-5.17%	27,345 80.43%	34,000
Most Recent Note for BWMX - 6/6/2023 12:14:14 PM Reported Mar '23 quarterly earnings -21% on +93% sales revenues versus the year ago period and fundamental concerns remain.
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CLS - NYSE - Elec-Contract Mfg Celestica Inc	$12.44	-0.59 -4.53%	$12.70	$14.28	-12.89%	1,906,674 363.87%	524,000
Most Recent Note for CLS - 6/6/2023 12:15:50 PM Consolidating above its 50 DMA line ($11.86). Reported earnings +21% on +17% sales revenues for the Mar '23 quarter versus the year ago period, breaking a streak of 5 consecutive quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong since bottoming in FY '19 following a multi-year downturn which raised concerns with regard to the fact-based investment system's strict guidelines.
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CNM - NYSE - Bldg-Constr Prds/Misc Core & Main Inc Cl A	$27.98	+0.79 2.91%	$28.83	$27.72	0.94%	1,051,126 93.68%	1,122,000
Most Recent Note for CNM - 6/6/2023 12:20:13 PM Gapped up today hitting a new 52-week high but it still faces resistance due to overhead supply. The 4/14/23 mid-day report last noted - "Reported Jan '23 quarterly earnings +11% on +10% sales revenues versus the year-ago period. Prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Limited history is a concern since its $20 IPO on 7/23/21."
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DFH - NYSE - Bldg-Resident/Comml Dream Finders Homes	$20.60	+1.17 6.02%	$20.65	$19.88	3.62%	104,524 73.09%	143,000
Most Recent Note for DFH - 6/6/2023 12:23:37 PM On track today for a 6th consecutive gain. Faces some resistance due to overhead supply. Quarterly results through Dec '22 were strong, but Mar '23 quarterly earnings rose +7% on +16% sales revenues versus the year-ago period, below the +25% minimum earnings guideline (C criteria).
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DXPE - NASDAQ - WHOLESALE - Industrial Equipment Wholesale D X P Enterprises Inc	$34.01	+0.69 2.07%	$34.17	$34.74	-2.10%	90,333 80.65%	112,000
Most Recent Note for DXPE - 6/6/2023 12:28:50 PM Recent volume-driven gains have it approaching prior highs in the $34-36 area. Reported earnings +38% on +33% sales revenues for the Mar '23 quarter versus the year-ago period. Quarterly comparisons have been above the +25% minimum guideline necessary to satisfy the C criteria. There was a downturn in FY '20 earnings (A criteria).
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ELTK - NASDAQ - ELECTRONICS - Printed Circuit Boards Eltek Ltd	$10.40	+1.01 10.76%	$10.50	$9.96	4.42%	90,243 231.39%	39,000
Most Recent Note for ELTK - 6/6/2023 12:30:17 PM Hitting another new multi-year high with today's volume-driven gain adding to an impressive spurt higher. Noted with caution in prior mid-day reports -"Fundamental concerns remain."
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IDT - NYSE - TELECOMMUNICATIONS - Diversified Communication Serv I D T Corporation Cl B	$30.45	-0.71 -2.26%	$31.63	$35.18	-13.46%	66,345 88.46%	75,000
Most Recent Note for IDT - 6/6/2023 12:37:43 PM Faces resistance due to overhead supply up to the $67 level. Reported earnings +109% on -9% sales revenues for the Apr '23 quarter versus the year ago period. Waning sales revenues are a concern. Annual earnings (criteria) history has been improving after a downturn from FY '17-19.
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IMMR - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Immersion Corporation	$8.20	+0.78 10.51%	$8.47	$9.25	-11.35%	2,108,025 485.72%	434,000
Most Recent Note for IMMR - 6/6/2023 12:39:28 PM Rebounding well above its 50 DMA line ($7.53) with today's big volume-driven gain following 4 quieter gains. Erratic earnings history and minuscule sales revenues. Fundamentals are not a match with the fact-based investment system's guidelines.
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JFIN - NASDAQ - Financial Svcs-Specialty Jiayin Group Cl A	$7.15	-0.85 -10.63%	$8.09	$8.19	-12.70%	322,078 129.35%	249,000
Most Recent Note for JFIN - 6/6/2023 12:40:28 PM Pulling back abruptly today after powering higher as it was noted in prior mid-day reports - "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	$61.85	-0.14 -0.22%	$62.43	$62.04	-0.31%	1,463,277 124.85%	1,172,000
Most Recent Note for KBR - 6/6/2023 12:41:41 PM Hit another new 52-week high today following 5 consecutive gains backed by ever-increasing volume. Noted in prior mid-day reports 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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LMB - NASDAQ - Bldg-A/C & Heating Prds Limbach Holdings	$22.79	+1.07 4.93%	$23.34	$22.20	2.66%	85,005 86.74%	98,000
Most Recent Note for LMB - 6/6/2023 12:42:02 PM Fundamental concerns remain. Very extended from any sound base.
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MBLY - NYSE - Elec-Semicondctor Fablss Mobileye Global Inc	$42.07	-0.31 -0.72%	$42.50	$48.11	-12.56%	2,407,757 91.86%	2,621,000
Most Recent Note for MBLY - 6/6/2023 12:50:25 PM Reported earnings -7% on +16% sales revenues for the Mar '23 quarter versus the year-ago period. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Retreating from its 52-week high and testing support near its 50 DMA line ($41.92) with today's 3rd consecutive loss backed by higher volume. Israel-based fabless Semiconductor firm completed its $21 IPO on 10/26/22.
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MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$17.22	+0.84 5.13%	$17.35	$19.49	-11.65%	874,656 74.57%	1,173,000
Most Recent Note for MNSO - 6/6/2023 12:54:09 PM Rebounding above its 50 DMA line ($16.65) with today's gain. Still faces resistance due to overhead supply. Reported Mar '23 quarterly earnings +290% on +16% sales revenues versus the year-ago period. Prior quarterly comparisons showed strong earnings increases but with sales revenues waning. Annual earnings had a downturn in FY '20.
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MPX - NYSE - AUTOMOTIVE - Recreational Vehicles Marine Products Corp	$15.97	+0.94 6.25%	$16.08	$15.85	0.76%	30,003 93.76%	32,000
Most Recent Note for MPX - 6/6/2023 12:56:25 PM Hitting a new 52-week high with today's volume-driven gain adding to a recent spurt. On 5/01/23 it rose from a 12-week base. Reported Mar '23 quarterly earnings +62% on +55% sales revenues versus the year-ago period. Reported strong sales revenues and earnings growth in the Jun, Sep, and Dec '22 quarters versus the year-ago periods. Fundamental concerns remain after a noted downturn in FY '19 and '20 annual earnings. It was dropped from the Featured Stocks list on 12/10/18.
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NVS - NYSE - DRUGS - Drug Manufacturers - Major Novartis Ag Adr	$99.52	+0.15 0.15%	$100.37	$105.56	-5.72%	1,916,039 88.05%	2,176,000
Most Recent Note for NVS - 6/6/2023 12:56:50 PM Consolidating near its 50 DMA line ($99) 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	$18.45	-0.49 -2.59%	$19.00	$19.26	-4.21%	615,095 123.27%	499,000
Most Recent Note for OPRA - 6/6/2023 12:57:50 PM Extended from any sound base and perched at its all-time high today following noted volume-driven gains and 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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PATH - NASDAQ - Medical-Biomed/Biotech Nupathe Inc	$19.56	+0.16 0.80%	$19.61	$22.30	-12.31%	7,757,805 89.17%	8,700,000
Most Recent Note for PATH - 6/6/2023 12:58:13 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	$8.89	+0.23 2.66%	$8.98	$8.82	0.79%	43,530 207.29%	21,000
Most Recent Note for PCYG - 6/6/2023 12:59:10 PM Hitting yet another new 52-week high with today's 8th consecutive gain 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	$27.72	+0.70 2.57%	$28.13	$27.06	2.42%	471,630 93.21%	506,000
Most Recent Note for PGTI - 6/6/2023 1:00:19 PM Hitting another new 52-week high with today's 4th consecutive gain after finding support at its 50 DMA line ($25.39) 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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PRIM - NASDAQ - DIVERSIFIED SERVICES - Technical Services Primoris Services Corp	$28.67	+1.16 4.22%	$28.74	$28.20	1.67%	307,608 112.68%	273,000
Most Recent Note for PRIM - 6/6/2023 1:03:16 PM Reported strong Sep, Dec '22, and Mar '23 quarterly earnings backed by strong sales revenues versus the year ago periods. Annual earnings (A criteria) history had a downturn in FY '22, not a great match with the fact-based investment system's guidelines. The Building - Heavy Construction firm is one of the largest specialty contractors and engineering companies in the Western United States primarily serving the growing power and energy sectors.
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