Mid-Day Breakouts Report - Thursday, August 25th, 2022

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - THURSDAY, AUGUST 25TH, 2022
Previous Mid Day Report Next Mid Day Report >>>

DOW 33012.44 43.21 (0.13%) | NASDAQ 12537.41 105.88 (0.85%) | S&P 500 4167.23 26.46 (0.64%)

Time of Screening : 8/25/2022 12:05:32 PM Report Released : 8/25/2022 12:43:14 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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

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
ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Axcelis Technologies Inc	$80.74	+8.35 11.53%	$82.59	$83.74	-3.58%	1,078,041 254.25%	424,000
Most Recent Note for ACLS - 8/25/2022 12:08:53 PM Challenging its 52-week high with today's big volume-driven gain. Noted with caution in prior mid-day reports "Reported Jun '22 quarterly earnings +140% on +50% sales revenues versus the year ago period, its 9th strong quarterly comparison. Up and down annual earnings (A criteria) history is not a great match with the fundamental guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CF - NYSE - CHEMICALS - Agricultural Chemicals C F Industries Holdings	$116.39	+3.89 3.46%	$116.92	$113.49	2.56%	1,929,768 67.40%	2,863,000
Most Recent Note for CF - 8/25/2022 12:10:19 PM Gapped up today hitting new multi-year highs with a 5th consecutive gain marked by ever-increasing volume. Made steady progress after finding support at its 200 DMA line in recent weeks. Reported Jun '22 quarterly earnings +440% on +113% sales revenues versus the year ago period, its 6th strong quarterly comparison. Up and down annual earnings growth history (A criteria) has been noted as a concern, fundamentally.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CLAR - NASDAQ - Leisure-Products Clarus Corporation	$27.56	+0.11 0.40%	$27.95	$31.20	-11.67%	1,483,511 87.47%	1,696,000
Most Recent Note for CLAR - 8/25/2022 12:13:21 PM Faces resistance due to overhead supply up to the $32 level. Holding its ground after rebounding toward its prior high with a streak of volume-driven gains in recent weeks. Went through a deep consolidation since dropped from the Featured Stocks list on 9/30/21. Reported Jun '22 quarterly earnings +65% on +57% sales revenues versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CPRX - NASDAQ - Medical-Biomed/Biotech Catalyst Pharma Partners	$14.69	+0.72 5.15%	$14.71	$15.07	-2.52%	1,299,199 60.88%	2,134,000
Most Recent Note for CPRX - 8/25/2022 12:15:17 PM Perched at its all-time high, very extended from any sound base and on track for a 10th consecutive weekly gain. Reported Jun '22 quarterly earnings +75% on +46% sales revenues versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong since turning profitable in FY '19.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
DLTR - NASDAQ - RETAIL - Discount, Variety Stores Dollar Tree Inc	$151.10	-14.88 -8.96%	$153.17	$177.19	-14.72%	6,725,124 343.82%	1,956,000
Most Recent Note for DLTR - 8/25/2022 12:17:36 PM Gapped down today violating its 50 DMA line ($163.54) and undercutting its 200 DMA line ($150). Reported earnings +30% on +7% sales revenues for the quarter ended July 31, 2022 versus the year ago period, its 2nd strong quarter. Prior 3 quarterly earnings comparisons were down from the year ago periods, well below the +25% minimum guideline (C criteria). Fundamental concerns remain due to its up and down annual earnings history (A criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
EQNR - NYSE - Oil&Gas-Integrated Equinor ASA Adr	$41.59	-0.35 -0.83%	$41.92	$42.10	-1.21%	1,969,019 63.97%	3,078,000
Most Recent Note for EQNR - 8/25/2022 12:19:15 PM Perched at its 52-week high today following 7 consecutive gains marked by increasing volume. Found support at its 200 DMA line and made gradual progress since noted in the 7/19/22 mid-day report. Recent quarterly comparisons through Jun '22 showed strong sales revenues and earnings increases over the year ago periods. Annual earnings (A criteria) history has been erratic.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FCNCA - NASDAQ - BANKING - Regional - Mid-Atlantic Banks First Citizens Bancshs A	$827.69	-1.52 -0.18%	$839.61	$947.71	-12.66%	74,288 81.64%	91,000
Most Recent Note for FCNCA - 8/25/2022 12:19:33 PM Reported earnings -2% on +138% sales revenues for the Jun '22 quarter versus the year ago period, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$34.94	-0.82 -2.28%	$35.45	$36.99	-5.53%	377,392 71.34%	529,000
Most Recent Note for FLNG - 8/25/2022 12:22:06 PM Perched at its 52-week high, stubbornly holding its ground. Found support above its 200 DMA line during prior consolidations. Reported Jun '22 quarterly earnings +246% on +28% sales revenues versus the year ago period. Reported Mar '22 quarterly earnings +19% on -8% sales revenues versus the year ago period, while prior quarterly comparisons had shown stronger sales and earnings increases. The big downturn in FY '20 annual earnings (A criteria) is a fundamental flaw with respect to the strict guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GLOP - NYSE - Oil&Gas-Transprt/Pipelne GasLog Partners LP	$6.58	-0.18 -2.66%	$7.00	$7.23	-8.99%	209,542 65.08%	322,000
Most Recent Note for GLOP - 8/25/2022 12:23:19 PM Pulling back today following 3 consecutive gains backed by ever-increasing volume while rebounding near its June high. Annual earnings history (A criteria) has not been strong and steady and fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
IMKTA - NASDAQ - RETAIL - Grocery Stores Ingles Markets Inc Cl A	$94.61	-3.32 -3.39%	$97.60	$102.88	-8.04%	190,112 181.06%	105,000
Most Recent Note for IMKTA - 8/25/2022 12:24:42 PM Pulling back for a 2nd consecutive volume-driven loss since hitting a new all-time high but churning heavy volume and finishing in the lower half of its intra-day range. Fundamental concerns remain. Formed a handle with lighter volume behind losses following its 15-week cup-shaped base since noted in the 8/04/22 mid-day report - "Found support above its 200 DMA line during the consolidation since dropped from the Featured Stocks list on 5/20/22. Reported Jun '22 quarterly earnings -6% on +14% sales revenues versus the year ago period, breaking a streak of 3 quarterly comparisons above the +25% minimum earnings guideline (C criteria)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
LYTS - NASDAQ - Bldg-Constr Prds/Misc L S I Industries Inc	$8.25	+0.16 1.98%	$8.37	$8.57	-3.73%	37,175 75.87%	49,000
Most Recent Note for LYTS - 8/25/2022 12:26:21 PM Today's volume-driven gain adds to a recent spurt higher. The 8/23/22 mid-day report noted - "Faces resistance due to overhead supply up to the $11 level. Recent quarterly comparisons through Jun '22 versus the year ago period showed strong sales revenues and earnings increases versus the year ago periods. Annual earnings history has been strong after a downturn in FY '19."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NECB - NASDAQ - Finance-Savings & Loan Northeast Cmnty Bancorp	$12.94	+0.13 1.01%	$13.15	$13.06	-0.92%	35,823 94.27%	38,000
Most Recent Note for NECB - 8/25/2022 12:27:09 PM Hitting a new 52-week high with today's volume-driven gain. Prior mid-day reports cautioned members - "Reported Jun '22 quarterly earnings +52% on +23% sales revenues versus the year ago period. Prior quarterly earnings increases through Mar '22 were below the +25% minimum guideline (C criteria) versus the year ago periods."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NTR - NYSE - Chemicals-Agricultural Nutrien Ltd	$101.30	+2.82 2.86%	$101.64	$117.25	-13.60%	1,734,074 61.32%	2,828,000
Most Recent Note for NTR - 8/25/2022 12:29:44 PM Rebounding toward its 52-week high. Has a new CEO as of 1/04/22. Through Jun '22 it has reported very strong quarterly sales revenues and earnings increases versus the year ago periods. Last noted with caution in the 5/03/22 mid-day report - "Up and down annual earnings history (A criteria) included a downturn in FY '19 and '20, not a match with the fundamental guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PLAB - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Photronics Inc	$24.62	+1.42 6.12%	$24.76	$25.81	-4.61%	681,712 73.94%	922,000
Most Recent Note for PLAB - 8/25/2022 12:33:07 PM Perched within close striking distance of multi-year highs with today's gain. Held its ground well above its 50 DMA line ($21.55) in recent weeks and volume totals have been cooling. Reported earnings +188% on +28% sales revenues for the Apr '22 quarter versus the year ago period, its 5th strong quarterly comparison above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has improved since a downturn in FY '19, but that flaw makes it not a great match with the fact-based investment system's fundamental guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SAH - NYSE - SPECIALTY RETAIL - Auto Dealerships Sonic Automotive Cl A	$56.61	+2.17 3.99%	$57.31	$58.00	-2.40%	279,175 65.38%	427,000
Most Recent Note for SAH - 8/25/2022 12:34:52 PM Challenging its all-time high with today's 3rd consecutive volume-driven gain after stubbornly holding its ground following an impressive spurt higher. Prior mid-day reports noted - "Reported Jun '22 quarterly earnings -11% on +9% versus the year ago period. Prior quarterly comparisons had stronger earnings and sales revenues growth. Annual earnings (A criteria) growth has been strong after a downturn in FY '17 and '18."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$74.24	+3.95 5.62%	$74.93	$72.57	2.30%	414,476 70.85%	585,000
Most Recent Note for SMCI - 8/25/2022 12:36:11 PM Today's gain has it hitting yet another new all-time high adding to recently noted volume-driven gains. Prior mid-day reports noted - "Reported Jun '22 quarterly earnings +223% on +53% sales revenues versus the year ago period, its 3rd strong quarterly earnings increase well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SQM - NYSE - CHEMICALS - Synthetics Sociedad Quimica Y Minra	$103.80	+1.86 1.82%	$106.21	$115.76	-10.33%	970,849 61.72%	1,573,000
Most Recent Note for SQM - 8/25/2022 12:37:17 PM The Chile-based firm is on track for a 4th consecutive volume-driven gain. Found prompt support near its 50 DMA line after challenging its all-time high last week. Reported Jun '22 quarterly earnings +871% on +342% sales revenues versus the year ago period. Volume and volatility often increase near earnings news. Quarterly comparisons have been strong through Mar '22 as it reported earnings +973% on +282% sales revenues versus the year ago period. This high-ranked leader in the strong Chemicals - Agricultural group's annual earnings history (A criteria) has been erratic in recent years, below the guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
TITN - NASDAQ - SPECIALTY RETAIL Titan Machinery Inc	$34.51	+3.56 11.51%	$34.68	$38.58	-10.55%	422,084 275.87%	153,000
Most Recent Note for TITN - 8/25/2022 12:41:08 PM Today's big volume-driven gain has it challenging its March high. Additional resistance remains due to overhead supply up to the $38 level. Fundamentals remain strong after reporting Jul '22 quarterly earnings +96% on +31% sales revenues. Went through a deep consolidation below its 200 DMA line since last noted and dropped from the Featured Stocks list on 1/26/22.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ULTA - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other Ulta Salon Cosm & Frag	$416.55	+4.53 1.10%	$417.98	$438.63	-5.03%	423,515 55.00%	770,000
Most Recent Note for ULTA - 8/25/2022 12:43:04 PM Due to report Jul '22 quarterly results. Volume and volatility often increase near earnings news. Still perched within striking distance of its all-time high. In recent months a choppy consolidation led to trading back and forth above and below both its 50 and 200 DMA lines. Reported very strong Apr, Jul, Oct '21, Jan and Apr '22 quarterly sales revenues and earnings increases in comparisons versus the year ago periods. Big downturn for FY '21 earnings (A criteria) was noted as a flaw concerning the strict fundamental guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.