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 MIDDAY BREAKOUTS REPORT - MONDAY, JUNE 22ND, 2020
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DOW 25953.66 82.2 (0.32%) | NASDAQ 9999.26 53.14 (0.53%) | S&P 500 3102.57 4.83 (0.16%)
Time of Screening : 6/22/2020 12:22:19 PM         Report Released : 6/22/2020 12:56:30 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
Max Buy
FTNT - NASDAQ
Fortinet Inc
$142.68 +5.97
4.37%
$144.24 1,058,751
59.88% of 50 DAV
50 DAV is 1,768,000
$149.69
-4.68%
6/22/2020 $142.68 PP = $149.79
MB = $157.28
Most Recent Note - 6/22/2020 12:39:01 PM
Y - Color code is changed to yellow with new pivot point cited based on its 5/20/20 high plus 10 cents after a 5-week flat base with volume totals cooling during the orderly consolidation. Subsequent volume-driven gains above the pivot point may trigger a new (or add-on) technical buy signal. The prior low ($126.88 on 6/15/20) and its 50 DMA line ($127.37) define important near-term support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/15/2020. Click here.
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Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AGI - NYSE - Mining-Gold/Silver/Gems
Alamos Gold Inc
$8.27 +0.28
3.44%
$8.58 $8.77 -5.76% 2,606,451
70.01%
3,723,000
Most Recent Note for AGI - 6/22/2020 12:23:16 PM
Challenging its 52-week high with today's gap up and 2nd consecutive volume-driven gain. Prior mid-day reports cautioned members - "Earnings history is not a match with the fact-based investment system's fundamental guidelines."
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ATEN - NYSE - Computer Sftwr-Enterprse
A10 Networks Inc
$7.15 +0.19
2.73%
$7.29 $8.29 -13.75% 329,236
67.05%
491,000
Most Recent Note for ATEN - 6/22/2020 12:24:25 PM
Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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AVNW - NASDAQ - Telecom-Infrastructure
Aviat Networks Inc
$17.11 -0.41
-2.34%
$18.31 $19.04 -10.14% 32,002
71.12%
45,000
Most Recent Note for AVNW - 6/22/2020 12:25:28 PM
Pulling back today from a new 52-week high hit on the prior session with a big volume-driven gain. Prior mid-day reports cautioned members - "Rebounded impressively after a deep pullback. Quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines."
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BIPC - NYSE - Finance-Investment Mgmt
Brookfield Omfra Corp
$50.91 +0.32
0.63%
$51.24 $51.80 -1.72% 190,336
82.40%
231,000
Most Recent Note for BIPC - 6/22/2020 12:25:41 PM
Consolidating near its 52-week high. Fundamental concerns remain for this Canada-based Financial firm.
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CORT - NASDAQ - DRUGS - Biotechnology
Corcept Therapeutics Inc
$17.94 +1.76
10.84%
$18.17 $17.48 2.63% 1,752,012
188.59%
929,000
Most Recent Note for CORT - 6/22/2020 12:30:06 PM
Gapped up today hitting a new 52-week high with a considerable volume-driven gain. Volume was above average during a recent handle-like consolidation, indicative of distributional pressure. Prior highs in the $17-19 area in recent years have acted as stubborn resistance after a long and choppy consolidation. Quarterly comparisons through Mar '20 have been above the +25% minimum guideline (C criteria) versus the year ago period. Annual earnings history (A criteria) has been strong.
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CRH - NYSE - Bldg-Cement/Concrt/Ag
C R H Plc Adr
$35.11 +0.44
1.27%
$35.34 $40.88 -14.11% 816,362
94.16%
867,000
Most Recent Note for CRH - 6/22/2020 12:30:36 PM
Irish Building - Cement firm has an erratic earnings history.
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DLNG - NASDAQ - Transportation-Ship
Dynagas Lng Partners LP
$3.25 -0.13
-3.72%
$3.45 $3.71 -12.28% 369,415
214.78%
172,000
Most Recent Note for DLNG - 6/22/2020 12:31:20 PM
Consolidating after recent spurt of impressive volume-driven gain. Fundamental concerns remain. This Monaco-based LP went through a deep pullback since noted with caution in the 4/17/17 mid-day report - "Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system."
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DRD - NYSE - METALS & MINING - Gold
Drdgold Ltd Adr
$14.09 +1.44
11.34%
$14.34 $13.05 7.93% 685,791
87.59%
783,000
Most Recent Note for DRD - 6/22/2020 12:32:33 PM
Hitting yet another new 52-week high with today's 7th consecutive volume-driven gain. Stubbornly held its ground following a volume-driven gain on 5/04/20. Due to report Mar '20 quarterly results. Quarterly comparisons through Dec '19 showed greatly improved sales revenues and strong earnings increases versus year ago losses. Fundamental concerns remain as noted in prior mid-day reports - "This low-priced South African company in the Mining - Gold/Silver/Gems group has an erratic earnings history, not a match with the fact-based investment system's guidelines."

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EXPI - NASDAQ - Real Estate Dvlpmt/Ops
Exp Worldwide Holdings Inc
$14.27 +1.25
9.57%
$14.58 $13.15 8.49% 532,824
186.30%
286,000
Most Recent Note for EXPI - 6/22/2020 12:36:03 PM
REIT is hitting a new 52-week high with today's 2nd consecutive volume-driven gain. Limited history and sub par fundamentals are a concern.
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GFI - NYSE - METALS & MINING - Gold
Gold Fields Ltd Adr
$8.58 +0.45
5.47%
$8.73 $8.67 -1.10% 4,673,004
57.71%
8,097,000
Most Recent Note for GFI - 6/22/2020 12:39:59 PM
Gapped up for a 2nd consecutive session today hitting new multi-year highs. Prior mid-day reports cautioned - "This South African company in the Mining - Gold/Silver/Gems industry has shown erratic sales revenues and earnings history through the Dec '19 quarter. Up and down annual earnings (A criteria) history is a fundamental concern."
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction
Goldfield Corp
$3.79 +0.05
1.34%
$3.81 $4.16 -8.89% 75,601
106.48%
71,000
Most Recent Note for GV - 6/22/2020 12:40:16 PM
Reported Mar '20 quarterly earnings -14% on -6% sales revenues versus the year ago period. Showed much better sales revenues increases and earnings in the Sep and Dec '19 quarterly comparisons. Fundamentals fall short of the C and A criteria of the fact-based investment system. Low-priced stocks are discouraged from consideration unless solidly satisfying all key criteria.
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INVA - NASDAQ - Medical-Biomed/Biotech
Innoviva Inc
$15.03 +1.01
7.20%
$15.12 $15.35 -2.08% 1,135,693
162.71%
698,000
Most Recent Note for INVA - 6/22/2020 12:40:34 PM
Reported earnings +90% on +43% sales revenues for the Mar '20 quarter versus the year ago period. Prior 4 quarterly earnings comparisons were down from the year ago periods with sub par sales revenues growth. Damaging volume-driven losses triggered technical sell signals when noted on 2/07/19 as it was dropped from the Featured Stocks list.
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KGC - NYSE - METALS & MINING - Gold
Kinross Gold Corp
$6.80 +0.40
6.25%
$7.00 $7.67 -11.34% 14,048,008
70.56%
19,908,000
Most Recent Note for KGC - 6/22/2020 12:41:53 PM
Rebounding above is 50 DMA line ($6.65) with today's gain. Faces some resistance due to overhead supply up to the $7.67 level. Reported Mar '20 earnings +43% on +12% sales revenues versus the year ago period. The 3 prior quarters through Dec '19 showed accelerating sales revenues and earnings increases. Prior mid-day reports cautioned members - "Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Magic Software Enter Ltd
$11.78 -0.06
-0.51%
$11.92 $12.39 -4.92% 35,958
73.38%
49,000
Most Recent Note for MGIC - 6/22/2020 12:43:24 PM
Holding its ground stubbornly near its 52-week high following a deep pullback and impressive rebound. Prior mid-day reports repeatedly cautioned members - "Reported earnings +36% on +19% sales revenues for the Mar '20 quarter. This Israel-based Computer - Tech Services firm's prior quarterly earnings history has been below the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been lackluster."
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
Nova Ltd
$47.01 -1.08
-2.25%
$47.30 $51.23 -8.24% 135,944
103.77%
131,000
Most Recent Note for NVMI - 6/22/2020 12:44:22 PM
This Semiconductor Equipment firm headquartered in Israel gapped down today then quickly rebounded and remains perched near its all-time high. Reported Mar '20 earnings +27% on +8% sales revenues versus the year ago period. Prior quarterly comparisons were negative, not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been up and down.
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OBCI - NASDAQ - CONSUMER NON-DURABLES - Cleaning Products
Ocean Bio Chem Inc
$9.77 +0.92
10.41%
$9.93 $9.20 6.21% 207,403
160.78%
129,000
Most Recent Note for OBCI - 6/22/2020 12:45:20 PM
Hitting another new 52-week high with today's 5th consecutive gain. Fundamental concerns remain. Noted with caution in prior mid-day reports - "Sales revenues growth and earnings history is not a match with the fact-based investment system's fundamental guidelines."
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PFSW - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
P F S Web Inc
$7.58 -0.25
-3.19%
$8.10 $8.42 -9.98% 151,125
82.58%
183,000
Most Recent Note for PFSW - 6/22/2020 12:47:21 PM
Abruptly retreating from its 52-week high with today's big loss following a recent spurt of volume-driven gains. Prior mid-day reports repeatedly cautioned members - "Reported earnings +400% on +6% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) and sales revenues growth history has not been a match with the fact-based investment system's fundamental guidelines."
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PW - AMEX - REAL ESTATE - REIT - Diversified/Industrial
Power REIT
$28.67 +2.98
11.60%
$29.99 $33.00 -13.12% 97,019
129.36%
75,000
Most Recent Note for PW - 6/22/2020 12:48:19 PM
Extended from any sound base and rebounding near its 52-week high with today's big gain after a pullback. 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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SQ - NYSE - Finance-CrdtCard/PmtPr
Square Inc
$104.47 +6.49
6.62%
$105.02 $102.26 2.16% 7,778,951
57.66%
13,491,000
Most Recent Note for SQ - 6/22/2020 12:49:53 PM
Hitting new 52-week high and all-time highs today, extended from any sound base. 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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SSRM - NASDAQ - Mining-Gold/Silver/Gems
SSR Mining Inc
$20.02 +1.11
5.87%
$20.28 $22.50 -11.02% 1,349,297
64.22%
2,101,000
Most Recent Note for SSRM - 6/22/2020 12:51:04 PM
Rebounding toward its 52-week high after finding recent support near its 50 DMA line ($18.31). Bullish action came after it reported Mar '20 quarterly earnings +121% on +30% sales revenues versus the year ago period. Quarterly comparisons have shown very strong sales revenues and earnings increases versus the year ago periods. Up and down annual earnings history (A criteria) leaves fundamental concerns.
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WING - NASDAQ - Retail-Restaurants
Wingstop Inc
$133.50 +1.73
1.31%
$138.90 $132.38 0.85% 537,878
83.52%
644,000
Most Recent Note for WING - 6/22/2020 12:51:54 PM
Hitting new 52-week high and all-time highs with today's gap up and 2nd consecutive volume-driven gain. Found support above its 50 DMA line ($118) during the recent consolidation. Reported earnings +23% on +15% sales revenues for the Mar '20 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Completed Secondary Offerings on 8/09/16 and 3/08/16 after its $17 IPO on 6/12/15.
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WPM - NYSE - Mining-Gold/Silver/Gems
Wheaton Precious Metals
$42.11 +0.19
0.45%
$43.45 $47.15 -10.69% 1,788,363
57.80%
3,094,000
Most Recent Note for WPM - 6/22/2020 12:54:32 PM
Rebounding toward its 52-week high after recently finding support near its 50 DMA line. Showed greatly improved earnings in the Mar '20, Sep and Dec '19 quarterly comparisons versus the year ago periods. Prior quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines (C and A criteria).
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ZTO - NYSE - Transportation-Logistics
ZTO Express (Cayman) Inc
$37.57 -1.07
-2.77%
$38.59 $38.67 -2.84% 2,157,123
72.53%
2,974,000
Most Recent Note for ZTO - 6/22/2020 12:56:20 PM
Retreated from its all-time high hit on the prior session. and it is consolidating above its 50 DMA line which acted as support in prior months. Reported Mar '20 quarterly earnings -33% on -19% sales revenues versus the year ago. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). History is limited since its $19.50 IPO in October 2016.
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