Mid-Day Breakouts Report - Wednesday, August 21st, 2024

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, AUGUST 21ST, 2024
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DOW 40877.85 42.88 (0.11%) | NASDAQ 17862.61 45.68 (0.26%) | S&P 500 5611.38 14.26 (0.25%)

Time of Screening : 8/21/2024 1:44:04 PM Report Released : 8/21/2024 3:46:54 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
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NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ALC - NYSE - Medical-Products Alcon Inc	$94.27	-2.24 -2.32%	$95.34	$96.38	-2.19%	1,719,984 210.78%	816,000
Most Recent Note for ALC - 8/21/2024 2:02:48 PM This Switzerland-based Medical Products firm reported Jun '24 quarterly earnings +7% on +3% sales revenues versus the year ago period. Prior earnings history (C criteria) is not a match with the fundamental guidelines of the fact-based investment system.
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DY - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction Dycom Inds Inc	$178.02	-16.18 -8.33%	$182.11	$195.87	-9.11%	962,203 367.25%	262,000
Most Recent Note for DY - 8/21/2024 2:04:22 PM Gapped down from its all-time high testing its 50 DMA line with today's big volume-driven loss. Reported Jul '24 quarterly earnings +21% on +10% sales revenues versus the year-ago period. Fundamental concerns remain due to erratic quarterly and annual earnings (C and A criteria) earnings history.
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FN - NYSE - ELECTRONICS - Specialized Electronics Fabrinet	$269.53	+1.53 0.57%	$270.93	$266.39	1.18%	403,804 105.16%	384,000
Most Recent Note for FN - 8/21/2024 2:06:01 PM Gapped up from below its 50 DMA line ($234) on the prior session and rallied to a new 52-week high with a considerable 6th consecutive volume-driven gain. Reported Jun '24 quarterly earnings +30% on +15% sales revenues versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong after a slight downturn in FY '20.
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GIL - NYSE - CONSUMER NON-DURABLES - Textile - Apparel Clothing Gildan Activewear Inc	$42.69	+0.08 0.19%	$43.00	$42.64	0.12%	3,757,390 704.95%	533,000
Most Recent Note for GIL - 8/21/2024 2:06:50 PM Perched within striking distance of its all-time high. Quarterly and annual earnings (C and A criteria) have been up and down, not meeting the guidelines of the fact-based investment system.
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NMM - NYSE - TRANSPORTATION - Shipping Navios Maritime Partners	$53.49	-1.42 -2.59%	$55.02	$53.83	-0.63%	170,084 110.44%	154,000
Most Recent Note for NMM - 8/21/2024 2:10:31 PM Gapped up on the prior rebounding above its 50 DMA line to hit a new 52-week high. Quarterly comparisons through Jun '24 showed subpar sales revenues and earnings increases. Annual earnings (A criteria) history has been erratic.
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QFIN - NASDAQ - Financial Svcs-Specialty 360 Finance Inc Cl A Ads	$24.84	-0.10 -0.40%	$25.14	$24.72	0.49%	1,085,596 87.27%	1,244,000
Most Recent Note for QFIN - 8/21/2024 2:11:15 PM Challenging its 52-week high with recent volume-driven gains. Reported Jun '24 quarterly earnings +32% on +6% sales revenues versus the year ago period. Prior quarterly comparisons were subpar and its annual earnings (A criteria) history has been up and down.
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RACE - NYSE - Auto Manufacturers Ferrari NV	$479.61	+12.88 2.76%	$480.53	$466.20	2.88%	268,389 113.72%	236,000
Most Recent Note for RACE - 8/21/2024 2:12:00 PM Gapped up today for new 52-week and all-time highs with its 7th consecutive gain. Found support when recently consolidating near its 50 DMA line ($425). Reported Jun '24 quarterly earnings +23% on +14% sales revenues versus the year ago period, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria). Its annual earnings (A criteria) history has been strong after a downturn in FY '20.
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TILE - NASDAQ - Bldg-Constr Prds/Misc Interface Inc	$17.51	+0.28 1.63%	$17.55	$18.47	-5.20%	352,394 79.37%	444,000
Most Recent Note for TILE - 8/21/2024 2:16:17 PM Hovering near its 52-week high. Found support above its 50 DMA line during its recennt consolidation. Reported earnings +60% on +5% sales revenues for the Jun '24 quarter, but fundamental concerns remain (C and A criteria).
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TJX - NYSE - RETAIL - Discount, Variety Stores T J X Cos Inc	$120.20	+6.89 6.08%	$120.89	$115.35	4.20%	7,128,345 139.83%	5,098,000
Most Recent Note for TJX - 8/21/2024 2:17:33 PM Found support near its 50 DMA line ($111) during the recent consolidation and gapped up today hitting a new all-time high. Reported Jul '24 quarterly earnings +13% on +6% sales revenues versus the year ago period. Prior quarterly earnings history has not been strong and steady above the fact-based investment system's +25% minimum guideline (C criteria).
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TOL - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Toll Brothers Inc	$141.91	+8.39 6.28%	$143.16	$146.75	-3.30%	2,585,371 188.99%	1,368,000
Most Recent Note for TOL - 8/21/2024 2:19:01 PM Gapped up today rebounding near its all-time high after consolidating above its 50 DMA line. Reported Jul '24 quarterly earnings -3% on +1% sales revenues versus the year-ago period. Three of the 4 latest quarterly comparisons were below the +25% minimum guideline (C crieria). Annual earnings (A criteria) had a downturn in FY '19 and '20.
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WLFC - NASDAQ - DIVERSIFIED SERVICES - Rental & Leasing Services Willis Lease Financial	$111.52	+3.38 3.12%	$112.88	$106.17	5.04%	19,402 92.39%	21,000
Most Recent Note for WLFC - 8/21/2024 3:46:48 PM Thinly-traded aircraft equipment leasing firm is hitting a new all-time high with today's 7th consecutive gain backed by ever-increasing volume. Reported earnings +207% on +39% sales revenues for the Jun '24 quarter. Prior history is not a great match with the fact-based investment system's fundamental guidelines.
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