Mid-Day Breakouts Report - Monday, August 31st, 2020

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MIDDAY BREAKOUTS REPORT - MONDAY, AUGUST 31ST, 2020
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DOW 28450.64 -203.23 (-0.71%) | NASDAQ 11759.58 63.95 (0.55%) | S&P 500 3505.23 -2.78 (-0.08%)

Time of Screening : 8/31/2020 12:23:10 PM Report Released : 8/31/2020 1:14:53 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
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
AMD - NYSE Advanced Micro Devices	$90.42	+4.87 5.69%	$90.50	40,401,752 65.13% of 50 DAV 50 DAV is 62,032,000	$87.72 3.08%	8/31/2020	$90.42	PP = $87.39 MB = $91.76
Most Recent Note - 8/31/2020 12:37:45 PM Y - Color code is changed to yellow with new pivot point cited based on its 8/07/20 high after an advanced "3-weeks tight" base. Hitting a new all-time high with today's big gain. A gain above the pivot point backed by at least +40% above average volume may trigger a new (or ad-on) technical buy signal. The recent low ($76.10 on 8/11/20) defines near-term support above its 50 DMA line ($68.85). Fundamentals remain strong. >>> The latest Featured Stock Update with an annotated graph appeared on 8/14/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers Apple Inc	$129.00	+4.19 3.36%	$130.05	$128.79	0.16%	122,144,037 294.91%	41,417,000
Most Recent Note for AAPL - 8/31/2020 12:27:35 PM Powering into new all-time high territory with today's gain following a 4:1 share split. Reported earnings +18% on +11% sales for the Jun '20 quarter, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) of the fact-based system. The number of top-rated funds owning its shares rose from 4,946 in Jun '19 to 5,507 in Jun '20. Companies currently on the Featured Stocks list are ideal candidates fitting the fact-based investment system's guidelines before becoming heavily owned by the institutional crowd.
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AMRC - NYSE - ENERGY - Alternative Ameresco Inc Cl A	$33.94	+1.26 3.86%	$34.18	$34.86	-2.64%	283,485 67.98%	417,000
Most Recent Note for AMRC - 8/31/2020 12:39:27 PM Perched near its 52-week high. Held its ground near the prior highs following an impressive volume-driven gain when last noted with caution in the 8/25/20 mid-day report - "Reported earnings +6% on +13% sales revenues for the Jun '20 quarter versus the year ago period. Prior earnings history is not a match with the fact-based investment system's guidelines."
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AVNW - NASDAQ - Telecom-Infrastructure Aviat Networks Inc	$22.00	+1.40 6.80%	$22.00	$22.49	-2.18%	43,535 108.84%	40,000
Most Recent Note for AVNW - 8/31/2020 12:40:51 PM Found prompt support near its 50 DMA line ($20) and today's 2nd consecutive volume-driven gain has it challenging its 52-week high. Reported Jun '20 quarterly earnings +60% on -2% sales revenues versus the year ago period. Prior 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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BL - NASDAQ - Computer Sftwr-Enterprse Blackline Inc	$87.30	+1.94 2.27%	$88.51	$94.06	-7.19%	343,305 62.65%	548,000
Most Recent Note for BL - 8/31/2020 12:41:38 PM Still faces resistance due to overhead supply up to the $94 level. Rebounded above its 50 DMA line ($83.25) toward its all-time high with a big volume-driven gain on when noted in the 8/27/20 mid-day report - "Reported Jun '20 quarterly earnings +100% on +20% sales revenues versus the year ago period. Quarterly earnings comparisons have been above the +25% minimum guideline (C criteria). After years of losses it produced profitable results in FY '17, '18, and '19. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead."
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BLDR - NASDAQ - Bldg-Constr Prds/Misc Builders Firstsource Inc	$30.90	-0.77 -2.43%	$31.74	$32.47	-4.84%	1,507,650 70.55%	2,137,000
Most Recent Note for BLDR - 8/31/2020 12:42:55 PM Pulling back today after gapping up for 2 consecutive sessions and hitting a new all-time high following a brief consolidation. Found support near the prior high ($28.43 on 2/20/20). Noted with caution in prior mid-day reports - "Sales revenues and earnings growth is not a match with the fact-based investment system's fundamental guidelines."
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BMCH - NASDAQ - Bldg-Constr Prds/Misc BMC Stock Holdings Inc	$40.36	-0.89 -2.16%	$41.61	$42.33	-4.65%	585,561 104.56%	560,000
Most Recent Note for BMCH - 8/31/2020 12:44:04 PM Pulling back today after gapping up and hitting new 52-week highs with 2 consecutive volume-driven gains. Held its ground after noted with caution in the 8/04/20 mid-day report - "Fundamental concerns remain due to sub par sales revenues growth. Up and down quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines. New CEO 10/01/18. Completed a Secondary Offering on 3/15/17."
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CLDR - NYSE - Computer Sftwr-Enterprse Cloudera Inc	$13.16	+0.24 1.86%	$13.44	$13.93	-5.53%	5,402,401 105.60%	5,116,000
Most Recent Note for CLDR - 8/31/2020 12:47:00 PM Perched within striking distance of its 52-week high, consolidating on the right side of an orderly 10-week base. Still faces some resistance due to overhead supply up to the $15 level. Due to report Jul '20 quarterly earnings news on 9/02/20. Prior mid-day reports cautioned members - "Limited history is a concern. This Computer Software firm has reported losses for each FY since its April 2017 IPO at $15. New CEO as of 1/13/20."
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CRM - NYSE - INTERNET - Internet Software & Services Salesforce.com Inc	$266.54	-4.56 -1.68%	$274.71	$278.28	-4.22%	5,681,927 75.42%	7,534,000
Most Recent Note for CRM - 8/31/2020 12:48:11 PM Holding its ground after hitting a new all-time high with a big "breakaway gap" and considerable volume-driven gain on 8/26/20. Bullish action came after it reported Jul '20 quarterly earnings +118% on +29% sales revenues versus the year ago period. After August 31st it is due to become a component of the Dow Jones Industrial Average. Found support above its 50 DMA line ($201) during its ongoing ascent. Prior mid-day reports noted - "Reported earnings -25% on +30% sales revenues for the Apr '20 quarter versus the year ago period. Quarterly earnings comparisons have not been strong and steady above the +25% minimum guideline (C criteria). After a downturn in FY '14 annual earnings (A criteria) it has shown strong growth. Large supply of 901 million shares outstanding (S criteria) makes it an unlikely sprinter, and is already owned by more than 3,233 top-rated funds (I criteria)."
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EXPI - NASDAQ - Real Estate Dvlpmt/Ops Exp Worldwide Holdings Inc	$43.90	+2.93 7.15%	$45.45	$42.89	2.35%	906,407 96.12%	943,000
Most Recent Note for EXPI - 8/31/2020 12:49:11 PM This REIT has been holding its ground stubbornly and is hitting yet another new all-time high with today's volume-driven gain. Very extended from any sound base after an impressive streak of gains. Prior mid-day reports cautioned - "Limited history and sub par fundamentals are a concern."
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FIZZ - NASDAQ - FOOD & BEVERAGE - Beverages - Soft Drinks National Beverage Corp	$82.08	-0.10 -0.12%	$84.85	$82.52	-0.53%	243,316 90.45%	269,000
Most Recent Note for FIZZ - 8/31/2020 12:50:56 PM Hitting a new 52-week high with today's 15th consecutive gain. Due to report Jul '20 quarterly results on 9/05/20. Reported earnings +38% on +9% sales revenues for the Apr '20 quarter versus the year ago period. Fundamental concerns remain due to sub par quarterly results in prior comparisons. It went through a deep consolidation since dropped from the Featured Stocks list on 10/05/18.
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FSLR - NASDAQ - ELECTRONICS - Semiconductor - Broad Line First Solar Inc	$77.00	-3.00 -3.75%	$80.84	$81.87	-5.95%	1,178,406 75.25%	1,566,000
Most Recent Note for FSLR - 8/31/2020 12:51:18 PM Held its ground and wedged higher since gapping up on 8/07/20 for a new 52-week high with a considerable volume-driven gain. Faces no resistance due to overhead supply. Reported Jun '20 quarterly earnings of 35 cents per share versus a loss of 18 cents per share on +10% sales revenues versus the year ago period. Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria). It survived but failed to impress since dropped from the Featured Stocks list on 6/4/2008.
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HMY - NYSE - METALS & MINING - Gold Harmony Gold Mng Co Adr	$6.55	+0.07 1.08%	$6.71	$7.61	-13.93%	6,008,816 60.43%	9,943,000
Most Recent Note for HMY - 8/31/2020 12:52:17 PM Found support above its 50 DMA line during an orderly consolidation. 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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HZO - NYSE - SPECIALTY RETAIL - Specialty Retail, Other Marinemax Inc	$29.17	-0.21 -0.71%	$29.50	$34.06	-14.36%	258,258 64.89%	398,000
Most Recent Note for HZO - 8/31/2020 12:53:59 PM Extended from any sound base and pulling back from its all-time high with today's 3rd consecutive loss on ever-increasing volume. Reported earnings +88% on +30% sales revenues for the Jun '20 quarter versus the year ago period. Prior quarterly comparisons have been erratic and sub par with respect to the fundamental guidelines of the fact-based investment system. It was dropped from the Featured Stocks list on 11/21/18 and went through a deep and choppy consolidation.
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ICLK - NASDAQ - Internet-Content Iclick Interactive Asia	$9.64	+0.01 0.10%	$9.87	$10.22	-5.68%	925,036 78.00%	1,186,000
Most Recent Note for ICLK - 8/31/2020 12:54:15 PM Perched at its 52-week high and extended from any sound base. This China-based Internet Advertising Services firm's fundamentals are not a match with the fact-based investment system's guidelines.
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LOGI - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Logitech Intl Sa	$74.27	+1.96 2.71%	$74.46	$75.92	-2.17%	278,281 58.83%	473,000
Most Recent Note for LOGI - 8/31/2020 12:54:27 PM Hovering near its all-time high, very extended from any sound base. Held its ground stubbornly throughout its recent ascent. Fundamental concerns remain. Reported Jun '20 quarterly earnings +64% on +23% sales revenues versus the year ago period, and sequential comparisons show encouraging acceleration in its sales revenues growth rate. However, this Switzerland-based Computer - Hardware/Peripherals firm's prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria).
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LRCX - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Lam Research Corp	$339.47	-11.31 -3.22%	$349.15	$387.70	-12.44%	1,043,223 63.77%	1,636,000
Most Recent Note for LRCX - 8/31/2020 12:55:38 PM Retreating from its all-time high and slumping below its 50 DMA line ($350). This widely held Electronics - Semiconductor Equipment firm reported Jun '20 quarterly earnings +32% on +18% sales revenues versus the year ago period. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria) or down from the year ago periods.
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SENEA - NASDAQ - FOOD & BEVERAGE - Processed & Packaged Goods Seneca Foods Corp Cl A	$47.63	+1.11 2.39%	$47.69	$47.25	0.80%	45,400 96.60%	47,000
Most Recent Note for SENEA - 8/31/2020 12:59:11 PM Hitting a new 52-week high with today's volume-driven gain. Making steady progress with gains in recent weeks marked by above average volume after rebounding from a slump below its 50 and 200 DMA lines since noted in the 5/05/20 mid-day report - "Fundamental concerns remain. Its up and down annual earnings (the A criteria) history and erratic quarterly results leave fundamental concerns."
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TSLA - NASDAQ - Auto Manufacturers Tesla Motors Inc	$482.84	+40.16 9.07%	$497.00	$463.70	4.13%	65,308,768 439.49%	14,860,000
Most Recent Note for TSLA - 8/31/2020 1:01:49 PM Hitting yet another new all-time high with today's gain after a 5:1 share split, adding to an impressive spurt of gains. Recently rallied from a 5-week base, but fundamental concerns remain.
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VIRT - NASDAQ - Financial Svcs-Specialty Virtu Financial Inc	$25.48	+0.82 3.33%	$25.72	$26.82	-5.00%	1,311,341 91.77%	1,429,000
Most Recent Note for VIRT - 8/31/2020 1:03:37 PM Tested support at its 50 DMA line ($24.60) after challenging its 52-week high last week. Showed greatly improved sales revenues and earnings increases in the Mar and Jun '20 quarters versus the year ago periods. Prior 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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WDAY - NYSE - Computer Sftwr-Enterprse Workday Inc Cl A	$242.73	-1.15 -0.47%	$246.90	$248.75	-2.42%	1,529,612 81.93%	1,867,000
Most Recent Note for WDAY - 8/31/2020 1:05:02 PM Hit a new all-time high with a big "breakaway gap" on the prior session, its 4th consecutive volume-driven gain. Reported Jul '20 quarterly earnings +91% on +20% sales revenues versus the year ago period. Earnings increases were below the +25% minimum guideline (C criteria) in the Jan and Apr '20 quarters versus the year ago periods.
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WST - NYSE - Medical-Supplies West Pharmaceutical Svcs	$284.13	+12.54 4.62%	$285.00	$279.54	1.64%	366,128 66.81%	548,000
Most Recent Note for WST - 8/31/2020 1:10:47 PM Hitting a new all-time high with today's gain after a very tight 4-week consolidation. Reported earnings +40% on +12% sales revenues for the Jun '20 quarter versus the year ago period, its 2nd strong quarterly comparison. Fundamental concerns remain. Prior earnings increases were below the +25% minimum guideline (C criteria), not a match with the fact-based investment system."
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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$308.72	+9.45 3.16%	$309.56	$303.58	1.69%	4,742,406 72.70%	6,523,000
Most Recent Note for ZM - 8/31/2020 1:12:50 PM Hitting yet another new all-time high today. Last week it rallied from a short flat base, however it is priced +99% above its 200 DMA line ($155). Briefly undercut its 50 DMA line recently but found prompt support. Due to report Jul '20 quarterly results on 8/31/20. Reported earnings +567% on +169% sales revenues for the Apr '20 quarter versus the year ago period, substantially beating estimates. Prior quarterly comparisons also showed very strong sales revenues and great earnings increases well above the +25% minimum guideline (C criteria). Completed its $36.00 IPO on 4/18/19. Limited annual history (A criteria) is a concern.
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ZTO - NYSE - Transportation-Logistics ZTO Express (Cayman) Inc	$34.55	+1.83 5.59%	$34.83	$38.99	-11.39%	3,666,881 138.84%	2,641,000
Most Recent Note for ZTO - 8/31/2020 1:14:45 PM Rebounding toward its 50 DMA line ($35.70) which may act as resistance after a damaging streak of losses marked by volume. Last noted with caution in the 8/14/20 mid-day report - "Reported Jun '20 quarterly earnings +4% on +15% 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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