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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, JUNE 20TH, 2012
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DOW 12808.5 -28.83 (-0.22%) | NASDAQ 2918.46 -11.3 (-0.39%) | S&P 500 1353.28 -4.7 (-0.35%)
Time of Screening : 6/20/2012 11:53:20 AM         Report Released : 6/20/2012 12:38:06 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
$47.51 -0.98
-2.02%
$48.94 2,829,814
60.61% of 50 DAV
50 DAV is 4,668,700
$50.66
-6.22%
4/27/2012 $41.80 PP = $35.57
MB = $37.35
Most Recent Note - 6/20/2012 12:05:32 PM
G - Pulling back from its 52-week high today with a 3rd consecutive loss. 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.
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N - NYSE
Netsuite Inc
$51.83 +1.01
1.99%
$52.39 377,041
85.01% of 50 DAV
50 DAV is 443,500
$52.39
-1.07%
6/20/2012 $51.83 PP = $51.88
MB = $54.47
Most Recent Note - 6/20/2012 12:22:20 PM
Y - Color code is changed to yellow with new pivot point cited based on its 3/27/12 high plus 10 cents. Hitting a new 52-week high today with a 5th consecutive gain. Gains above its pivot point backed by at least +40% above average volume or more may trigger a technical buy signal. Reported earnings above the +25% guideline in the 3 latest quarterly comparisons through Mar '12. Its annual earnings (A criteria) history improved from losses prior to FY '09. The number of top-rated funds owning its shares rose from 201 in Jun '11 to 268 in Mar '12, a reassuring sign concerning the I criteria.
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
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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
$33.97 -0.77
-2.20%
$34.91 $35.15 -3.37% 1,024,249
99.48%
1,029,600
Most Recent Note for ALGN - 6/20/2012 11:56:36 AM
Pulling back from its 52-week high today after 6 consecutive gains. The 6/18/12 mid-day report noted - "Rallying from a 'double bottom' base today after finding support near 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."
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CAMP - NASDAQ - TELECOMMUNICATIONS - Communication Equipment
Calamp Corp
$7.98 +0.00
0.01%
$8.17 $8.17 -2.31% 158,868
73.93%
214,900
Most Recent Note for CAMP - 6/20/2012 11:57:08 AM
This low-priced stock is hitting yet another new 52-week high with a 9th consecutive volume-driven gain after rising from the previously noted 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."

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CRWS - NASDAQ - Consumer Prod-Specialty
Crown Crafts Inc
$5.31 -0.24
-4.32%
$5.55 $5.84 -9.08% 16,447
70.89%
23,200
Most Recent Note for CRWS - 6/20/2012 11:58:21 AM
Slumping below its 50 DMA line and below prior lows today, raising concerns. Low-priced stocks are discouraged from consideration under the fact-based system unless all key criteria are solidly satisfied. Prior mid-day reports noted - "This low-priced stock does not meet the fact-based investment system's guidelines. Its earnings history has not been strong and steady."
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ECPG - NASDAQ - FINANCIAL SERVICES - Credit Services
Encore Capital Group Inc
$28.62 +0.22
0.77%
$28.70 $31.78 -9.94% 85,490
69.56%
122,900
Most Recent Note for ECPG - 6/20/2012 12:04:11 PM
Rebounding toward its 52-week high. Earnings increases were above the +25% guideline in the Dec '11 and Mar '12 quarterly comparisons after 3 consecutive quarterly comparisons with earnings increases just under that minimum guideline. Went through a deep consolidation below its 200 DMA line since last noted in the 6/09/11 mid-day report - "Completed a Secondary Offering on 3/01/11 since noted in the 2/16/11 mid-day report after a breakaway gap helped it clear a previously noted 9 month long base. This Financial Services - Misc firm's quarterly earnings and annual earnings (C and A criteria) history has not been strong and steady."
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IHG - NYSE - LEISURE - Lodging
Intercontinental Hotels
$24.72 +0.61
2.53%
$24.79 $24.85 -0.52% 486,721
118.94%
409,200
Most Recent Note for IHG - 6/20/2012 12:07:22 PM
Approaching its 52-week high after a second consecutive small gap up today. Reported earnings +8% on +3% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Prior mid-day reports noted - "Its prior earnings history (A criteria) is below guidelines of the fact-based system."
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INOD - NASDAQ - INTERNET - Internet Software & Services
Innodata Inc
$6.77 -0.06
-0.88%
$6.89 $6.90 -1.88% 63,996
104.40%
61,300
Most Recent Note for INOD - 6/20/2012 12:09:02 PM
Perched at its 52-week high today. Above average volume behind a streak of 6 consecutive gains helped it rally above prior resistance in the $6 area. Prior mid-day reports noted - "Reported earnings of 13 cents per share versus 1 cent per share with sales revenues up +71% for the latest quarter ended March 31, 2012 versus the year ago period. Its recent quarterly comparisons (through Dec '11) showed improving sales growth and big earnings increases. A loss in FY '10 and erratic annual earnings history (A criteria) leave fundamental concerns as it does not match the investment system's guidelines."
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IOC - NYSE - ENERGY - Oil & Gas Refining & Marketing
Interoil Corp
$73.41 +3.66
5.25%
$74.70 $75.87 -3.24% 620,666
85.53%
725,700
Most Recent Note for IOC - 6/20/2012 12:10:30 PM
Approaching its 52-week high with today's 5th consecutive gain. The 6/19/12 mid-day report noted - "Quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's guidelines."
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LPSN - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Liveperson Inc
$17.78 -1.05
-5.58%
$18.30 $19.25 -7.64% 362,611
102.35%
354,300
Most Recent Note for LPSN - 6/20/2012 12:11:50 PM
Gapped down today, pulling back from its 52-week high. When trying to rally from a "double bottom" base pattern the 5/29/12 mid-day report noted - "Reported earnings +0% on +21% sales revenues for the Mar '12 quarter. Quarterly earnings increases were well short of the +25% minimum guideline in the Sep and Dec '11 quarters. It survived but failed to impress since noted in the 12/16/10 mid-day report - 'On 12/06/10 it broke out from a flat base above its 50 DMA line and a previous cup shaped base. Quarterly earnings per share have been below the +25% guideline and its annual earnings (A criteria) history has been erratic, including a decrease in FY '08 earnings versus the year earlier.'"
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NSM - NYSE - FINANCIAL SERVICES - Credit Services
Nationstar Mtg Hldgs Inc
$19.60 -0.02
-0.10%
$20.00 $20.36 -3.73% 400,308
67.87%
589,800
Most Recent Note for NSM - 6/20/2012 12:26:09 PM
Wider than usual intra-day price swings are an indication of uncertainty in recent weeks, yet little resistance remains while it is now perched -4.2% off its 52-week high and it may be forming an advanced "3-weeks tight" base if the current week ends with little net change. The 6/08/12 mid-day report noted - "Recent spurt of gains backed by above average volume leaves it extended from any sound base pattern, up from its $14 IPO on 3/08/12. Limited history is a concern."

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PATK - NASDAQ - Bldg-Mobile/Mfg & RV
Patrick Industries Inc
$14.00 +0.37
2.71%
$14.22 $14.47 -3.25% 118,376
70.13%
168,800
Most Recent Note for PATK - 6/20/2012 12:27:17 PM
Still perched within close striking distance of its 52-week high today after finding support near its 50 DMA line during the recent consolidation. Reported earnings of 63 cents per share in the quarter ended March 31, 2012 versus a penny in the year ago period. Held its ground at its 50 DMA line during its choppy consolidation in April after an impressive spurt of volume-driven gains. Prior mid-day reports noted - "Fundamentally it is not a match with the fact-based investment system's guidelines. Low-priced stocks are discouraged from consideration as buy candidates unless all key criteria are solidly satisfied."
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PRAA - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Portfolio Recovery Assoc
$84.05 +0.02
0.02%
$84.40 $89.67 -6.27% 77,936
66.56%
117,100
Most Recent Note for PRAA - 6/20/2012 12:33:36 PM
Rallied to within -6.1% of its 52-week high with today's 7th consecutive gain. Reported earnings +10% on +25% sales revenues for the quarter ended March 31, 2012 versus the year ago period, its first comparison with an earnings increase below the +25% minimum guideline in more than 2 years. The number of top-rated funds owning its shares fell from 354 in Jun '10 to 302 in Mar '12. A downturn in FY '08 and FY '09 earnings (A criteria) is a flaw in its annual earnings history.
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TCBI - NASDAQ - BANKING - Regional - Southwest Banks
Texas Capital Bancshares
$41.09 +1.09
2.73%
$41.14 $41.14 -0.12% 326,494
81.79%
399,200
Most Recent Note for TCBI - 6/20/2012 12:35:07 PM
Hitting another new 52-week high today with a 2nd consecutive gain backed by above average volume. 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."

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TRIB - NASDAQ - DRUGS - Diagnostic Substances
Trinity Biotech Plc Adr
$11.70 +0.10
0.86%
$11.80 $11.80 -0.85% 29,485
70.54%
41,800
Most Recent Note for TRIB - 6/20/2012 12:36:51 PM
Touched a new 52-week high today while building on a base-on-base pattern, consolidating above prior highs and its 50 DMA line in the $11 area that define chart support. Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied. Repeatedly noted in prior mid-day reports - "Annual earnings (A criteria) showed steady increases since a downturn in FY '08. This Ireland-based firm hailing from the Medical - Products industry group is not a match with the winning models from the book, 'How To Make Money In Stocks'. The past 8 quarterly earnings comparisons through Mar '12 were below the +25% minimum guideline of the fact-based investment system."
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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.

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