Mid-Day Breakouts Report - Tuesday, June 23rd, 2020

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MIDDAY BREAKOUTS REPORT - TUESDAY, JUNE 23RD, 2020
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DOW 26266.53 241.57 (0.93%) | NASDAQ 10190.35 133.88 (1.33%) | S&P 500 3147.65 29.79 (0.96%)

Time of Screening : 6/23/2020 12:40:49 PM Report Released : 6/23/2020 1:24:36 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 75% 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
AAXN - NASDAQ Axon Enterprise Inc	$96.29	+3.79 4.10%	$97.33	1,169,368 101.60% of 50 DAV 50 DAV is 1,151,000	$104.90 -8.21%	5/8/2020	$84.86	PP = $90.20 MB = $94.71
Most Recent Note - 6/23/2020 12:43:49 PM G - Color code is changed to green after rebounding above its "max buy" level with today's big volume-driven gain. Completed a new Public Offering on 6/17/20. Prior highs in the $90-91 area have acted as support following a powerful breakout. More damaging losses would raise concerns and trigger a technical sell signal. >>> The latest Featured Stock Update with an annotated graph appeared on 6/19/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AMRC - NYSE - ENERGY - Alternative Ameresco Inc Cl A	$25.65	+1.84 7.73%	$25.71	$26.19	-2.06%	638,080 302.41%	211,000
Most Recent Note for AMRC - 6/23/2020 12:45:45 PM Challenging its 52-week high with today big 4th consecutive volume-driven gain. Reported earnings +650% on +42% sales revenues for the Mar '20 quarter. Prior earnings history is not a match with the fact-based investment system's guidelines.
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AMRK - NASDAQ - Financial Svcs-Specialty A-Mark Precious Metals	$19.15	+0.29 1.54%	$19.61	$18.99	0.84%	31,545 101.76%	31,000
Most Recent Note for AMRK - 6/23/2020 12:46:58 PM Hitting a new 52-week high with today's 8th consecutive gain. Reported strong earnings increases for the Dec '19 and Mar '20 quarters but with waning sales revenues. Prior quarterly and annual earnings history is not a match with the fact-based investment system's guidelines (C and A criteria).
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BIPC - NYSE - Finance-Investment Mgmt Brookfield Omfra Corp	$50.66	+0.34 0.68%	$51.25	$51.80	-2.20%	176,957 76.27%	232,000
Most Recent Note for BIPC - 6/23/2020 12:47:29 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	$17.60	-0.66 -3.61%	$18.53	$18.44	-4.56%	1,043,498 107.14%	974,000
Most Recent Note for CORT - 6/23/2020 12:48:56 PM Retreating today after hitting a new 52-week high with a considerable volume-driven gain on the prior session when noted with caution in the mid-day report - "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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DAVA - NYSE - Computer-Tech Services Endava Plc Cl A Ads	$49.20	+0.02 0.04%	$50.23	$56.76	-13.32%	132,712 94.12%	141,000
Most Recent Note for DAVA - 6/23/2020 12:53:19 PM Went through a deep pullback and rebounded impressively since dropped from the Featured Stocks list on 3/11/20. Still faces some resistance due to overhead supply up to the $56 level. Reported Mar '20 quarterly earnings +18% on +20% sales revenues versus the year ago period.
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DLNG - NASDAQ - Transportation-Ship Dynagas Lng Partners LP	$3.57	+0.47 15.26%	$3.83	$3.71	-3.69%	1,963,727 1,090.96%	180,000
Most Recent Note for DLNG - 6/23/2020 12:54:59 PM Adding to a 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	$14.90	+1.00 7.19%	$15.04	$14.34	3.90%	844,679 105.72%	799,000
Most Recent Note for DRD - 6/23/2020 12:59:14 PM Hitting yet another new 52-week high with today's 8th 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	$15.53	+0.88 6.01%	$15.99	$14.70	5.65%	727,633 242.54%	300,000
Most Recent Note for EXPI - 6/23/2020 1:01:20 PM REIT is hitting another new 52-week high with today's 4th consecutive volume-driven gain. Limited history and sub par fundamentals are a concern.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$32.38	+2.63 8.84%	$32.76	$34.96	-7.38%	463,170 167.21%	277,000
Most Recent Note for FOCS - 6/23/2020 1:05:07 PM Reported earnings +57% on +30% sales revenues for the Mar '20 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Faces resistance due to overhead supply up to the $40 level.
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction Goldfield Corp	$3.83	-0.01 -0.26%	$3.89	$4.16	-7.93%	87,433 119.77%	73,000
Most Recent Note for GV - 6/23/2020 1:05:32 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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INFO - NASDAQ - Financial Svcs-Specialty IHS Markit Ltd	$73.40	+0.11 0.15%	$75.69	$81.65	-10.11%	1,932,210 94.35%	2,048,000
Most Recent Note for INFO - 6/23/2020 1:07:25 PM Prior quarterly earnings growth was below the +25% minimum guideline (C criteria) of the fact-based investment system.
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INSU - NASDAQ - Finance-Blank Check Insurance Acquistion Corp	$12.49	-0.01 -0.08%	$12.93	$12.57	-0.64%	286,859 308.45%	93,000
Most Recent Note for INSU - 6/23/2020 1:08:35 PM Limited history for this thinly-traded Blank Check company.
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Magic Software Enter Ltd	$11.81	+0.05 0.39%	$12.01	$12.39	-4.71%	38,305 76.61%	50,000
Most Recent Note for MGIC - 6/23/2020 1:09:11 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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NICE - NASDAQ - Computer Sftwr-Security Nice Ltd Adr	$196.62	-0.12 -0.06%	$198.99	$197.90	-0.65%	193,321 78.91%	245,000
Most Recent Note for NICE - 6/23/2020 1:09:55 PM This Israel-based Computer Software - Security firm has stubbornly held its ground after a gap up on 6/16/20 for a new all-time high. Fundamental concerns remain. Reported Mar '20 quarterly earnings +14% on +9% sales revenues versus the year ago period. Reported earnings +7% on +5% sales revenues for the Dec '19 quarter. Prior quarterly earnings history is not a good match with the C criteria.
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NTES - NASDAQ - INTERNET - Internet Information Providers Netease Inc Adr	$435.99	+17.79 4.25%	$437.10	$427.33	2.03%	856,654 95.93%	893,000
Most Recent Note for NTES - 6/23/2020 1:10:48 PM Gapped up today hitting a new all-time high. Stubbornly held its ground following a recently noted spurt of volume-driven gains. Prior mid-day reports cautioned members - "Reported Mar '20 quarterly earnings +18% on +12% sales revenues versus the year ago period, its 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Annual earnings included a big downturn in FY '18, a flaw concerning the A criteria of the fact-based investment system. Went through a deep and choppy consolidation since dropped from the Featured Stocks list on 8/15/17."
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OBCI - NASDAQ - CONSUMER NON-DURABLES - Cleaning Products Ocean Bio Chem Inc	$10.80	+0.83 8.33%	$11.90	$9.97	8.33%	406,822 301.35%	135,000
Most Recent Note for OBCI - 6/23/2020 1:14:24 PM Hitting another new 52-week high with today's 6th consecutive gain backed by ever-increasing volume. 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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SPNS - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software Sapiens Intl Corp	$29.11	+0.38 1.32%	$29.60	$29.73	-2.09%	150,553 77.60%	194,000
Most Recent Note for SPNS - 6/23/2020 1:15:55 PM Hovering at its 52-week high, stubbornly holding its ground. On 6/08/20 it completed an offering of $60 million in Non-Convertible Debentures. It showed resilience after dropped from the Featured Stocks list on 5/28/20 based on technical and fundamental deterioration. Encountered distributional pressure, yet found prompt support above its 50 and 200 DMA lines. Recently reported Mar '20 quarterly earnings +18% on +18% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria), raising fundamental concerns.
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TECD - NASDAQ - WHOLESALE - Computers Wholesale Tech Data Corp	$144.60	+1.88 1.32%	$144.75	$151.47	-4.54%	1,018,606 172.94%	589,000
Most Recent Note for TECD - 6/23/2020 1:16:05 PM Prior mid-day reports have cautioned members - "Consolidating following noted M&A news. Fundamental concerns remain due to lack of sales revenues growth while its prior quarterly earnings history has not been strong and steady above the +25% minimum guideline (C criteria) of the fact-based investment system."
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TMUS - NYSE - Telecom Svcs-Wireless T-Mobile U.S. Inc	$107.40	+0.80 0.75%	$107.59	$109.00	-1.47%	6,546,045 127.48%	5,135,000
Most Recent Note for TMUS - 6/23/2020 1:17:57 PM Hitting yet another new all-time high with today's volume-driven gain. Has a new CEO as of 4/01/20. A federal ruling in early February approved its merger with Sprint. Reported earnings +25% on +0% sales revenues for the Mar '20 quarter. Sub par sales revenues growth rate has been a noted concern while quarterly comparisons had earnings increases above the +25% minimum earnings guideline (C criteria). Annual earnings growth (A criteria) has been strong.
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YETI - NYSE - Leisure-Products Yeti Holdings Inc	$44.22	+3.75 9.25%	$44.60	$40.59	8.93%	2,110,763 87.66%	2,408,000
Most Recent Note for YETI - 6/23/2020 1:24:26 PM Hitting a new all-time high with today's 8th consecutive gain, getting extended from prior highs in the $38 area. Reported earnings +83% on +12% sales revenues for the Mar '20 quarter versus the year ago period, its 3rd consecutive quarterly earnings increase above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Limited annual earnings (A criteria) history is a concern. Completed Secondary Offerings on 5/12/20, 2/20/20, 11/08/19 and 5/08/19 after its $18 IPO on 10/25/18.
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