Mid-Day Breakouts Report - Friday, August 4th, 2023

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MIDDAY BREAKOUTS REPORT - FRIDAY, AUGUST 4TH, 2023
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DOW 35435.25 219.36 (0.62%) | NASDAQ 14087.37 127.66 (0.91%) | S&P 500 4530.11 28.22 (0.63%)

Time of Screening : 8/4/2023 12:16:17 PM Report Released : 8/4/2023 1:20:40 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
ACLS - NASDAQ Axcelis Technologies Inc	$181.59	-5.02 -2.69%	$185.31	356,888 65.01% of 50 DAV 50 DAV is 549,000	$201.00 -9.66%	8/4/2023	$181.59	PP = $201.10 MB = $211.16
Most Recent Note - 8/4/2023 12:28:26 PM Y - Color code is changed to yellow with pivot poiont cited based on its 8/01/23 high plus 10 cents. It has formed an advanced "ascending base" pattern. Testing support at its 50 DMA line ($175) with today's 4th consecutive volume-driven loss after hitting a new 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported Jun '23 quarterly earnings +41% on +24% sales revenues versus the year-ago period, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). There was a downturn in FY '19 annual earnings (A criteria) history followed by strong growth. 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
AAON - NASDAQ - Bldg-A/C & Heating Prds A A O N Inc	$101.29	-2.84 -2.72%	$104.97	$107.09	-5.42%	369,450 121.13%	305,000
Most Recent Note for AAON - 8/4/2023 12:20:09 PM Churning heavy volume this week withoiut making meaningful price progress above the prior high in the $104 area. Testing its 50 DMA line ($96.86) with today's pullback. Reported Jun '23 quarterly earnings +157% on +36% sales revenues versus the year-ago period, its 4th strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth history has not been strong and steady.
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ABC - NYSE - Medical-Whlsle Drg/Suppl Amerisourcebergen Corp	$186.08	-5.28 -2.76%	$188.51	$194.79	-4.47%	2,034,706 147.34%	1,381,000
Most Recent Note for ABC - 8/4/2023 12:21:34 PM Gapped down today testing its 50 DMA line after it was perched within close striking distance of its all-time high. Reported earnings +11% on +11% sales revenues for the Jun '23 quarter versus the year-ago period. Prior earnings were not strong and steady above the +25% minimum (C criteria). Its annual earnings (A criteria) growth has been steady even through the pandemic.
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BKNG - NASDAQ - Leisure-Travel Booking Booking Holdings Inc	$3,122.90	+282.99 9.96%	$3,166.76	$3,017.61	3.49%	522,989 158.96%	329,000
Most Recent Note for BKNG - 8/4/2023 12:32:04 PM Gapped up today hitting a new all-time high and it is extended from any sound base. The Jun '23 its quarterly earnings comparisons have been above the +25% minimum guideline (C criteria). An abrupt downtun in FY '20 earnings (A criteria) has been followed by strong earnings growth. The company was previously known as Priceline (PCLN).
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BWMX - NASDAQ - Hsehold-Appliances/Wares Betterware de Mexico SAB	$14.44	+0.14 0.98%	$14.67	$15.15	-4.69%	16,898 67.59%	25,000
Most Recent Note for BWMX - 8/4/2023 12:33:04 PM Hovering near its 52-week high. Prior mid-day reports cautioned members - "Reported Jun '23 quarterly earnings +5% on +17% sales revenues versus the year ago period and fundamental concerns remain."
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CLS - NYSE - Elec-Contract Mfg Celestica Inc	$21.87	+0.82 3.90%	$21.94	$22.68	-3.57%	855,267 67.82%	1,261,000
Most Recent Note for CLS - 8/4/2023 12:34:28 PM Hovering near its 52-week high after noted volume-driven gains, extended from any sound base. Reported earnings +25% on +13% sales revenues for the Jun '23 quarter versus the year ago period, and 6 of the last 7 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong since bottoming in FY '19.
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DDOG - NASDAQ - Computer Sftwr-Enterprse Datadog Inc	$111.98	+4.88 4.56%	$115.95	$120.75	-7.26%	3,738,739 91.61%	4,081,000
Most Recent Note for DDOG - 8/4/2023 12:35:39 PM Encountering distributional pressure in recent weekd after wedging from a short flat base with gains lacking volume. Prior mid-day reports noted - "It faces resistance due to overhead supply up to the $199 level. Reported Mar '23 quarterly earnings +17% on +33% sales revenues versus the year-ago period, breaking a streak of quarterly comparisons above the +25% minimum earnings guideline (C criteria). Its annual earnings (A criteria) history has been strong since completing its $27 IPO on 9/19/19."
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DFH - NYSE - Bldg-Resident/Comml Dream Finders Homes	$29.35	+5.41 22.60%	$29.66	$27.28	7.59%	405,590 128.76%	315,000
Most Recent Note for DFH - 8/4/2023 12:39:45 PM Rallying for a new 52-week high with today's big volume-driven gain. Faces no resistance due to overhead supply. Quarterly Jun '23 earnings rose +8% on +19% sales revenues versus the year-ago period, the 2nd consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria).
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EHC - NYSE - Medical-Outpnt/Hm Care Encompass Hralth Corp	$71.46	+0.88 1.25%	$71.92	$71.00	0.65%	439,460 77.92%	564,000
Most Recent Note for EHC - 8/4/2023 12:41:30 PM Hitting a new 52-week high with today's 3rd consecutive gain backed by above average volume conviction. Showed earnings increases above the +25% minimum guideline (C criteria) in the Dec '22, Mar and Jun '23 quarterly comparisons versus the year-ago period. Annual earnings (A criteria) growth has not been strong and steady.
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ERIE - NASDAQ - INSURANCE - Property & Casualty Insurance Erie Indemnity Co	$272.37	+5.09 1.90%	$273.63	$286.50	-4.93%	141,597 83.29%	170,000
Most Recent Note for ERIE - 8/4/2023 12:44:23 PM Rebounded above its 200 DMA line and toward its Dec '22 all-time high with a considerable gap up on 8/02/23 and additional volume-driven gains this week. This Insurance - Brokers firm reported earnings +47% on +16% sales revenues for the Jun '23 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines. Annual earnings history has been unimpressive but steady.
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FND - NYSE - Retail/Whlsle-Bldg Prds Floor & Decor Hldgs	$105.12	-5.93 -5.34%	$105.25	$116.03	-9.40%	1,536,244 131.98%	1,164,000
Most Recent Note for FND - 8/4/2023 12:47:17 PM Gapped down retreating from near its 52-week high and testing its 50 DMA line ($102.62) with today's 4th consecutive loss backed by ever-increasing volume. Faces resistance due to overhead supply up to the $145 level. Reported Jun '23 quarterly earnings -13% on +4% sales revenues versus the year-ago period, its 2nd consecutive subpar quarter below the +25% minimum earnings guideline (C criteria). Completed Secondary Offerings on 11/15/17 and 7/20/17 since its 4/27/17 IPO at $21.00.
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GASS - NASDAQ - Transportation-Ship Stealthgas Inc	$5.30	+0.30 6.00%	$5.38	$5.10	3.92%	248,392 71.38%	348,000
Most Recent Note for GASS - 8/4/2023 12:48:28 PM Today's gain has it hitting new multi-year highs. Prior mid-day reports cautioned members - "Fundamental concerns remain due to its erratic sales revenues and earnings history."
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GLRE - NASDAQ - INSURANCE - Property &; Casualty Insurance Greenlight Capital Re	$11.32	+0.31 2.82%	$11.43	$11.17	1.34%	127,698 146.78%	87,000
Most Recent Note for GLRE - 8/4/2023 12:52:32 PM Today's 2nd consecutive volume-driven gain has it hitting a new 52-week high. It found support near its 50 DMA line in recent weeks. Erratic quarterly and annual earnings (C and A criteria) history is a concern, however the Mar and Jun '23 quarters showed strong sales and earnings increases over the year-ago periods.
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GSL - NYSE - TELECOMMUNICATIONS - Wireless Communications Global Ship Lease Inc	$20.98	-0.53 -2.46%	$21.62	$21.83	-3.89%	343,735 67.93%	506,000
Most Recent Note for GSL - 8/4/2023 12:54:10 PM The 3 latest quarterly comparisons through Jun '23 showed earnings increases well below the +25% minimum earnings guideline (C criteria).
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HTGC - NYSE - FINANCIAL SERVICES - Closed-End Fund - Debt Hercules Tech Growth Cap	$17.85	+0.77 4.48%	$17.92	$17.11	4.30%	957,108 106.70%	897,000
Most Recent Note for HTGC - 8/4/2023 12:56:47 PM Hitting a new 52-week high with today's 6th consecutive volume-driven gain. Reported Jun '23 quarterly earnings +66% on +61% sales revenues versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has not been strong and steady, not a good match with the fact-based investment system's guidelines.
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IESC - NASDAQ - Bldg-Maintenance & Svc Integrated Electric Svcs	$64.91	+6.90 11.89%	$66.73	$58.68	10.62%	56,157 136.97%	41,000
Most Recent Note for IESC - 8/4/2023 12:58:17 PM Hitting a new all-time high with today's considerable volume-driven gain. Reported greatly improved earnings for the Mar and Jun '23 quarters versus the year-ago periods. Prior quarterly earnings comparisons were down versus the year-ago periods, not a match with the +25% minimum guideline (C criteria). Following a downturn in FY '17 earnings (A criteria) its annual earnings history has been strong.
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INFA - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Informatica Corp	$22.02	+0.65 3.02%	$22.10	$23.87	-7.77%	313,486 75.54%	415,000
Most Recent Note for INFA - 8/4/2023 1:00:04 PM Reported Jun '23 quarterly earnings +6% on +1% sales revenues versus the year-ago period and fundamental concerns remain.
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ITRI - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Itron Inc	$72.80	-3.76 -4.91%	$76.28	$79.99	-8.99%	298,906 87.66%	341,000
Most Recent Note for ITRI - 8/4/2023 1:04:22 PM Pulling back from its 52-week high with today's 4th consecutive volume-driven loss after reporting Jun '23 quarterly earnings +829% on +25% sales revenues versus the year ago period. Fundamental concerns remain due to its erratic quarterly and annual earnings (C and A criteria) history.
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MCHP - NASDAQ - ELECTRONICS - Semiconductor - Specialized Microchip Tech	$83.95	-5.57 -6.22%	$87.13	$94.30	-10.98%	4,983,870 95.55%	5,216,000
Most Recent Note for MCHP - 8/4/2023 1:08:21 PM Violated its 50 DMA line ($85.55) with today's gap down and 4th consecutive loss backed by ever-increasing volume, abruptly retreating from its all-time high. Reported Jun '23 earnings +20% on +17% sales revenues versus the year-ago period, its 2nd quarterly comparison with earnings increasing below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history had a downturn in FY '20 like many other companies during the pandemic.
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MCK - NYSE - WHOLESALE - Drugs Wholesale Mckesson Corp	$427.59	-7.54 -1.73%	$437.74	$435.50	-1.82%	589,969 73.20%	806,000
Most Recent Note for MCK - 8/4/2023 1:09:58 PM Reversed into the red after hitting new 52-week and all-time highs today following considerable volume-driven gains this week including a gap up on the prior session. Found support near its 50 DMA line ($406.75). Fundamental concerns remain. Reported earnings +25% on +11% sales revenues for the Jun '23 quarter versus the year ago period. Prior 5 quarterly comparisons were below the +25% minimum earnings guideline (C criteria). It has a strong and steady annual earnings (A criteria) history.
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NMIH - NASDAQ - Finance-Mrtg&Rel Svc N M I Holdings Inc Cl A	$29.95	+0.75 2.55%	$30.07	$29.85	0.32%	273,469 67.69%	404,000
Most Recent Note for NMIH - 8/4/2023 1:10:42 PM Hitting another new 52-week high with today's 4th consecutive volume-driven gain, making progress above the $26-27 area where it met stubborn resistance for years. Reported earnings +10% on +8% sales revenues for the Jun '23 quarter, and prior quarterly comparisons were also well below the +25% minimum earnings guideline (C criteria) of the fact-based investment system.
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OLED - NASDAQ - Elec-Misc Products Universal Display Corp	$159.99	+20.90 15.03%	$160.00	$157.50	1.58%	399,263 133.98%	298,000
Most Recent Note for OLED - 8/4/2023 1:12:35 PM Gapped up today rebounding from below its 50 DMA line ($144) and hitting a new 52-week high. If faces additional resistance due to overhead supply up to the $262 level. Reported earnings +20% on +7% sales revenues for the Jun '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) had a downturn in FY '20. Not a match with the fact-based investment system's fundamental guidelines.
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PHG - NYSE - CONSUMER DURABLES - Electronic Equipment Koninklijke Philips ADR	$20.80	+0.24 1.17%	$20.88	$23.30	-10.73%	638,544 67.64%	944,000
Most Recent Note for PHG - 8/4/2023 1:14:06 PM Reported earnings +108% on +4% sales revenues for the Jun '23 quarter versus the year-ago period. Consolidating near its 50 DMA line ($20.79). Fundamental concerns remain. Prior sales revenues and earnings history is below guidelines of the fact-based investment system.
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POWL - NASDAQ - MANUFACTURING - Industrial Electrical Equipmen Powell Industries Inc	$83.85	+1.35 1.64%	$84.63	$90.00	-6.83%	74,501 73.04%	102,000
Most Recent Note for POWL - 8/4/2023 1:15:31 PM Holding its ground after hitting a new 52-week high with a considerable gap up and volume-driven gain on 8/02/23. Reported greatly improved earnings in recent quarterly comparisons through Jun '23 versus the year-ago periods. Erratic annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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QLYS - NASDAQ - Computer Sftwr-Security Qualys Inc	$139.66	+1.62 1.17%	$154.85	$162.36	-13.98%	339,575 105.46%	322,000
Most Recent Note for QLYS - 8/4/2023 1:17:44 PM Today's gap up challenged its 52-week high but it quickly erased much of the early gain. Reported Jun '23 quarterly earnings +43% on +14% sales revenues versus the year ago period, but prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 6/15/20.
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STLA - NYSE - Auto Manufacturers Stallantis NV	$19.73	+0.16 0.79%	$19.76	$20.71	-4.76%	2,951,234 69.49%	4,247,000
Most Recent Note for STLA - 8/4/2023 1:18:00 PM Reported Jun '23 quarterly earnings +42% on +16% sales revenues versus the year ago period. Consolidating this week after noted volume-driven gains for new 52-week highs. Prior mid-day reports noted - "Faces resistance due to overhead supply up to the $22 level following a deep consolidation. Fundamental concerns remain due to subpar quarterly and annual (C and A criteria) earnings history through Dec '22."
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WMS - NYSE - Bldg-Constr Prds/Misc Advanced Drainage Systems Corp	$130.77	+4.94 3.93%	$131.44	$153.36	-14.73%	512,670 74.62%	687,000
Most Recent Note for WMS - 8/4/2023 1:20:36 PM Reported earnings -2% on -15% sales revenues for the Jun '23 quarter versus the year-ago period. Fundamental concerns remain due to its erratic quarterly and annual earnings (C and A criteria) history.
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