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 Thursday, October 24, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - WEDNESDAY, JUNE 13TH, 2012
Previous Mid Day Report Next Mid Day Report >>>

DOW 12544.25 -29.55 (-0.24%) | NASDAQ 2840.2 -2.87 (-0.10%) | S&P 500 1320.9 -3.28 (-0.25%)
Time of Screening : 6/13/2012 11:51:11 AM         Report Released : 6/13/2012 12:31:13 PM
Price is: Above 52W High and Less Than 52W High but within 10% 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
EXPE - NASDAQ
Expedia Inc
$47.50 -1.23
-2.52%
$47.99 2,680,244
60.60% of 50 DAV
50 DAV is 4,422,800
$49.12
-3.30%
4/27/2012 $41.80 PP = $35.57
MB = $37.35
Most Recent Note - 6/13/2012 12:00:50 PM
G - Pulling back today after recently wedging to new 52-week highs with gains backed by below average volume. It is extended from its prior highs in the $43 area which define initial support above its 50 DMA line.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/8/2012. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
WFM - NASDAQ
Whole Foods Market Inc
$90.73 -0.58
-0.64%
$91.92 3,463,401
197.23% of 50 DAV
50 DAV is 1,756,000
$92.00
-1.38%
5/3/2012 $90.28 PP = $86.45
MB = $90.77
Most Recent Note - 6/13/2012 12:29:10 PM
Y - Churning above average volume today near its 52-week high with no resistance remaining due to overhead supply. Its 50 DMA line and prior lows define important near-term support. As previously noted - "Confirming gains backed by higher volume, and a FTD from at least one of the major averages would be important and reassuring signs worth watching for."
>>> The latest Featured Stock Update with an annotated graph appeared on 5/11/2012. 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
ALGN - NASDAQ - HEALTH SERVICES - Medical Appliances & Equipment
Align Technology Inc
$31.17 +0.66
2.16%
$31.50 $34.29 -9.10% 600,628
66.05%
909,400
Most Recent Note for ALGN - 6/13/2012 11:53:20 AM
Finding support at its 50 DMA line during its consolidation since noted when it gapped up on 4/24/12 for a considerable gain and new 52-week and all-time highs. Reported earnings +29% on +29% sales revenues for the quarter ended March 31, 2012 versus the year ago period. The prior quarterly comparison (Dec '11) also showed strong sales and earnings increases following 4 previous quarters with earnings increases below the +25% minimum guideline. Its annual earnings (A criteria) history has been good following a downturn in FY '08.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BGS - NYSE - FOOD & BEVERAGE - Processed & Packaged Goods
B & G Foods Inc
$26.10 +0.58
2.27%
$26.13 $26.13 -0.12% 242,631
59.63%
406,900
Most Recent Note for BGS - 6/13/2012 11:55:48 AM
Hitting another new 52-week high today with volume running at an above average pace behind its 8th consecutive gain. No overhead supply remains to act as resistance. Reported earnings +30% on +20% sales revenues for the quarter ended Mar 31, 2012 versus the year ago period. Its report of earnings +7% on +6% sales revenues for the quarter ended Dec 31, 2011 versus the year ago period marked its first quarterly comparison with earnings below the +25% minimum guideline in years. Prior mid-day reports noted - "Its earnings history has been strong, but the lack of sales revenues growth raises concerns that there is not great or growing demand for a new (N criteria) product or services."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BUD - NYSE - FOOD & BEVERAGE - Beverages - Brewers
Anheuser-Busch Inbev Adr
$70.34 +1.33
1.93%
$70.40 $75.08 -6.31% 1,394,668
84.08%
1,658,700
Most Recent Note for BUD - 6/13/2012 11:57:03 AM
Rebounding toward its 50 DMA line which may act as resistance after recently damaging distributional pressure. Prior mid-day reports noted - "Quarterly comparisons have not shown strong and steady sales revenues and earnings increases."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CAMP - NASDAQ - TELECOMMUNICATIONS - Communication Equipment
Calamp Corp
$7.25 +0.18
2.55%
$7.29 $7.29 -0.55% 157,837
86.16%
183,200
Most Recent Note for CAMP - 6/13/2012 11:59:03 AM
This low-priced stock touched a new 52-week high today, inching higher following volume-driven gains previously noted while rising from a 4-week "square box" base during which it pulled back and found support at its 50 DMA line. Reported earnings +200% on +30% sales revenues for the quarter ended February 29, 2012 versus the year ago period. A volume-driven breakout 4/02/12 was previously noted in the 4/10/12 mid-day report when it was also noted - "Earnings history is not a match with the investment system's guidelines."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
INMD - NASDAQ - Medical-Systems/Equip
Inmode Ltd
$13.65 -0.01
-0.07%
$13.67 $13.85 -1.44% 105,402
137.78%
76,500
Most Recent Note for INMD - 6/13/2012 12:01:45 PM
Holding its ground perched at its 52-week high following a gap up on 6/11/12 from below its 50 DMA line after it agreed to be Acquired by Sagard Capital Partners for $169.5 Million. Earnings improved +38% on +10% sales revenues in the Mar '12 quarterly comparison, making it 3 consecutive quarters with earnings increases above the +25% guideline for the C criteria. The 5/11/12 mid-day report noted - "The low-priced stock hailing from the Medical - Services industry group has questionable fundamentals after a lackluster growth rate in recent years (A criteria). It showed promising technical action in recent months as it rallied to multi-year highs."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
KED - NYSE - Finance-Investment Mgmt
Kayne Anderson Engy Dvlp
$24.10 +0.13
0.54%
$24.17 $25.99 -7.27% 42,608
76.09%
56,000
Most Recent Note for KED - 6/13/2012 12:05:17 PM
Today's 7th consecutive gain has it trading near its 50 DMA line which may act as resistance. Damaging distributional action briefly undercut its 200 DMA line since last noted in the 4/04/12 mid-day report - "Erratic earnings history. Its quarterly sales revenues and earnings improved in recent comparisons, yet they remain minuscule. It has been building an orderly base for the past few months with support being found near its 200 DMA line."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
KONG - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Kongzhong Corp Ads
$7.81 -0.04
-0.51%
$7.85 $7.94 -1.64% 59,837
67.46%
88,700
Most Recent Note for KONG - 6/13/2012 12:06:32 PM
Perched at its 52-week high today, holding its ground after a spurt of volume-driven gains. Tallied 5 consecutive weekly gains, however it faces additional overhead supply that may act as resistance. Prior mid-day reports noted - "Earnings history is not a match with the fact-based investment system. 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  
MLNX - NASDAQ - ELECTRONICS - Semiconductor - Broad Line
Mellanox Technologies
$66.94 +1.57
2.40%
$68.48 $68.48 -2.25% 445,033
78.84%
564,500
Most Recent Note for MLNX - 6/13/2012 12:09:59 PM
Touched another new 52-week high today, churning above average volume on the right side of an 8-week cup-shaped base without a handle. It stayed well above its 50 DMA line during the latest consolidation. Reported earnings +113% on +61% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Prior mid-day reports noted - "Its streak of 3 strong quarterly earnings comparisons now satisfies the C criteria. A downturn in FY '09 earnings is a small flaw in its annual earnings (A criteria) history. Gapped up on 4/17/12 for a new all-time high following an analyst upgrade."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MWIV - NASDAQ - HEALTH SERVICES - Medical Instruments &; Supplies
M W I Veterinary Supply
$91.12 -0.33
-0.36%
$91.99 $100.64 -9.46% 49,112
76.50%
64,200
Most Recent Note for MWIV - 6/13/2012 12:12:04 PM
Consolidating near its 50 DMA line after pulling back from its 52-week high. Reported earnings +25% on +38% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Prior mid-day reports noted - "Earnings increases were below the +25% minimum guideline in the June, Sep, and Dec '11 quarterly comparisons versus the year-ago periods. It survived but failed to impress since noted fundamental and technical deterioration prompted it to be dropped from the Featured Stocks list on 8/05/11."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
QCOR - NASDAQ - DRUGS - Biotechnology
Questcor Pharmaceuticals
$47.99 -0.57
-1.17%
$48.82 $48.98 -2.02% 1,154,177
62.04%
1,860,500
Most Recent Note for QCOR - 6/13/2012 12:17:20 PM
Pulling back today following a considerable volume-driven gain on the prior session, technically breaking out above previously stubborn resistance in the $46 area. The M criteria argues against any new buying efforts until a FTD confirms a market rally. The 6/12/12 mid-day report noted - "Its pullback in the past 6-weeks retraced more than 50% of the previous 21-week cup shaped base, so it is not recognized as a sound cup-with-handle type base. Reported earnings +205% on +161% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Strong prior quarterly comparisons with solid sales revenues and earnings increases satisfy the C criteria of the fact-based system. Downward turn in its FY '09 earnings was previously noted as a flaw concerning the A criteria. Rallied nearly 4-fold from its February 2011 lows in the $12 area."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SAM - NYSE - FOOD & BEVERAGE - Beverages - Brewers
Boston Beer Company
$112.88 +3.15
2.87%
$112.90 $115.49 -2.26% 81,257
70.29%
115,600
Most Recent Note for SAM - 6/13/2012 12:18:59 PM
Rallying above prior highs today, trading within close striking distance of its 52-week high. The Dec '11 and Mar '12 quarters showed improved earnings and sales revenues increases after a streak of at least 3 sub-par quarterly comparisons. Its annual earnings (A criteria) showed a downturn in FY '08 followed by strong growth.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SQI - NASDAQ - INTERNET - Internet Software & Services
Sciquest Inc
$17.25 +0.53
3.17%
$17.47 $17.90 -3.63% 116,204
93.41%
124,400
Most Recent Note for SQI - 6/13/2012 12:21:31 PM
Quarterly comparisons through Mar '12 showed sub par earnings increases, not a match with the fact-based investment system's guidelines. Rising from a long flat base with several gains in recent weeks backed by above average volume.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SYPR - NASDAQ - ELECTRONICS - Printed Circuit Boards
Sypris Solutions Inc
$6.49 +0.01
0.08%
$6.65 $6.65 -2.41% 32,239
64.87%
49,700
Most Recent Note for SYPR - 6/13/2012 12:22:48 PM
Reversed into the red after inching to another new 52-week high today following 5 consecutive gains backed by above average volume. Prior mid-day reports noted - "Recent quarterly comparisons showed earnings versus year ago losses. Its annual earnings (A criteria) history has been poor, including years of losses. Low-priced stocks are discouraged from consideration under the fact-based system 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  
TCBI - NASDAQ - BANKING - Regional - Southwest Banks
Texas Capital Bancshares
$39.67 +0.82
2.11%
$39.70 $40.13 -1.15% 276,301
74.90%
368,900
Most Recent Note for TCBI - 6/13/2012 12:24:30 PM
Trading near its 52-week high today, poised for a best-ever close following a negative reversal on 6/11/12. Reported earnings +126% on +32% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Prior mid-day reports noted - "Recent quarters showed strong earnings increases versus the year earlier that satisfy the C criteria. Its annual earnings (A criteria) history included a downturn in FY '08 & '09 that raised fundamental concerns with respect to the 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  
UNFI - NASDAQ - WHOLESALE - Food Wholesale
United Natural Foods Inc
$50.65 -0.22
-0.44%
$51.18 $53.99 -6.19% 200,419
68.59%
292,200
Most Recent Note for UNFI - 6/13/2012 12:26:23 PM
Pulling back near its 50 DMA line today. It was noted in the 6/07/12 mid-day report while pulling back following 3 consecutive volume-driven gains for a new 52-week high - "Its 50 DMA line acted as a support level recently along with earlier highs in the $48-49 area. Reported earnings +23% on +15% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Quarterly earnings increases have been below the +25% minimum guideline."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WWWW - NASDAQ - INTERNET - Internet Information Providers
Web.com Group Inc
$17.06 +0.16
0.95%
$17.53 $17.53 -2.68% 376,759
58.61%
642,800
Most Recent Note for WWWW - 6/13/2012 12:30:47 PM
Gapped up today for another new 52-week high with no resistance remaining due to overhead supply. Found support at its 50 DMA line while consolidating after it proposed a Secondary Offering on 5/07/12, shortly after rallying from a deep one-year cup-with-handle base pattern. Prior mid-day reports noted- "Reported earnings +67% on +132% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Its Dec '11 comparison +17% was previously noted as its weakest earnings increase in more than 5 quarterly comparisons and below the +25% minimum guideline. Its annual earnings (A criteria) growth history included a downturn in FY '09 raising additional concerns with regard to 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  

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