Mid-Day Breakouts Report - Monday, September 19th, 2022

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MIDDAY BREAKOUTS REPORT - MONDAY, SEPTEMBER 19TH, 2022
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DOW 30755.23 -67.19 (-0.22%) | NASDAQ 11412.46 -35.94 (-0.31%) | S&P 500 3859.7 -13.63 (-0.35%)

Time of Screening : 9/19/2022 12:27:47 PM Report Released : 9/19/2022 12:52:01 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

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
AZO - NYSE - RETAIL - Auto Parts Stores Autozone Inc	$2,109.54	-56.11 -2.59%	$2,220.00	$2,362.24	-10.70%	203,050 142.99%	142,000
Most Recent Note for AZO - 9/19/2022 12:31:32 PM Met resistance after slumping below its 50 DMA line and testing its 200 DMA line with today's loss backed by above average volume. Reported Feb and May '22 quarterly earnings below the minimum +25% guideline (C criteria). It has a strong and steady annual earnings (A criteria) growth history. Already owned by 2,293 top-rated mutual funds.
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CAPL - NYSE - Oil&Gas-Refining/Mktg CrossAmerica Partners LP	$20.65	+0.42 2.08%	$20.65	$23.29	-11.34%	28,088 80.25%	35,000
Most Recent Note for CAPL - 9/19/2022 12:31:49 PM Consolidating near its closely coinciding 50 and 200 DMA lines. Reported strong sales revenues and earnings increases in the 3 latest quarterly comparisons through Jun '22. Prior mid-day reports cautioned members - "Fundamental concerns remain."
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DGII - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev Digi International Inc	$33.60	-1.06 -3.06%	$34.12	$37.44	-10.26%	293,184 90.49%	324,000
Most Recent Note for DGII - 9/19/2022 12:33:43 PM Stalled after recently hitting a new 52-week high. Consolidating above its 50 DMA line and prior lows in the $31 area defining near-term support to watch. Prior mid-day reports noted - "Earnings rose +80% for the Jun '22 quarter versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history included a downturn in FY '17-18."
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FLEX - NASDAQ - Elec-Contract Mfg Flex Ltd	$18.02	+0.28 1.58%	$18.15	$19.63	-8.20%	2,518,166 60.47%	4,164,000
Most Recent Note for FLEX - 9/19/2022 12:34:26 PM Sputtering after recently challenging multi-year highs. Reported earnings +17% on +16% sales revenues for the Jun '22 quarter versus the year ago period. Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$32.69	+0.56 1.75%	$33.00	$36.99	-11.62%	678,675 149.16%	455,000
Most Recent Note for FLNG - 9/19/2022 12:35:03 PM Testing support near its 50 DMA line ($32.23). 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.
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HEI - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services Heico Corp	$153.33	+4.75 3.20%	$153.44	$165.61	-7.42%	178,258 58.25%	306,000
Most Recent Note for HEI - 9/19/2022 12:37:11 PM Finding support today near its 50 DMA line ($152.27). Encountering distributional pressure in recent weeks after wedging into new all-time high territory with gains lacking volume conviction. Reported earnings +7% on +21% sales revenues for the Jul '22 quarter versus the year ago period. Prior quarterly comparisons versus the year ago periods have not been strong and steady above the +25% minimum earnings guideline (C criteria) of the fact-based investment system.
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HUBB - NYSE - Electrical-Power/Equipmt Hubbell Inc	$223.32	+4.21 1.92%	$224.88	$227.58	-1.87%	171,947 58.29%	295,000
Most Recent Note for HUBB - 9/19/2022 12:38:21 PM Stalled last week after rallying to a new all-time high with 5 consecutive gains. Noted with caution in prior mid-day reports - "Reported strong Mar and Jun '22 quarterly earnings increases above the +25% minimum. Prior earnings history is below the fact-based system's guidelines (C and A criteria)."
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ISSC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Innovative Sltn & Supprt	$9.00	+0.22 2.51%	$9.15	$9.90	-9.09%	142,932 219.90%	65,000
Most Recent Note for ISSC - 9/19/2022 12:40:01 PM Perched within striking distance of its 52-week high with today's volume-driven gain adding to a recent spurt higher. Reported Jun '22 quarterly earnings -50% on +12% sales revenues versus the year ago period. Prior quarterly comparisons showed greatly improved earnings and sales revenues increases over the year ago periods, however, quarterly sales revenues totals in the $5-7 million range are rather minuscule compared to most publicly traded companies. Annual earnings history has been strong after a downturn and loss in FY '18, not a match with the fact-based investment system's guidelines (A criteria). Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied. Fundamental concerns remain. It survived but failed to impress since dropped from the Featured Stocks list on 6/08/05.
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LPLA - NASDAQ - Finance-Invest Bnk/Bkrs L P L Financial Holdings	$228.33	-1.58 -0.69%	$231.93	$235.48	-3.04%	417,598 63.27%	660,000
Most Recent Note for LPLA - 9/19/2022 12:44:46 PM Hovering near its all-time high after noted volume-driven gains. Prior mid-day reports cautioned members - "Reported earnings +21% on +7% sales revenues for the quarter ended June 30, 2022 versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Up and down annual earnings (A criteria) history is not a match with the fact-based investment system."
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LYTS - NASDAQ - Bldg-Constr Prds/Misc L S I Industries Inc	$7.78	-0.08 -0.96%	$7.84	$8.93	-12.93%	64,367 93.29%	69,000
Most Recent Note for LYTS - 9/19/2022 12:45:56 PM Pulled back last week after prior mid-day reports 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."
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ORLY - NASDAQ - RETAIL - Auto Parts Stores O Reilly Automotive Inc	$688.44	-5.07 -0.73%	$703.19	$750.88	-8.32%	318,578 71.27%	447,000
Most Recent Note for ORLY - 9/19/2022 12:47:40 PM Slumped below its 50 DMA line with losses last week. The 7/28/22 mid-day report last noted - "Reported earnings +5% on +6% sales revenues for the Jun '22 quarter 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) history has been strong and steady."
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RBA - NYSE - DIVERSIFIED SERVICES - Business/Management Services Ritchie Bros Auctioneers	$65.29	-0.17 -0.26%	$65.64	$76.18	-14.30%	355,471 80.24%	443,000
Most Recent Note for RBA - 9/19/2022 12:49:18 PM Slumping below its 50 DMA line ($69) with recent losses since last noted with caution in the 9/07/22 mid-day report - "Reported Jun '22 earnings +10% on +22% sales revenues versus the year ago period. 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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STOR - NYSE - Finance-Property REIT STORE Capital Corp	$31.91	+0.01 0.03%	$31.93	$36.13	-11.68%	5,208,966 144.85%	3,596,000
Most Recent Note for STOR - 9/19/2022 12:50:11 PM Gapped up on 9/15/22 following M&A news. Fundamental concerns remain. New CEO as of 4/15/21. Completed several new Public Offerings in 2015-2017 as this REIT rallied from its $19 IPO on 11/18/14.
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TWNK - NASDAQ - Food-Packaged Hostess Brands Inc Cl A	$24.03	+0.04 0.17%	$24.64	$24.27	-0.99%	779,784 92.72%	841,000
Most Recent Note for TWNK - 9/19/2022 12:51:52 PM Hitting a new all-time high with today's gain. Fundamental concerns remain after reporting Jun '22 quarterly earnings -4% on +17% sales revenues versus the year ago period. Found support near its 200 DMA line during the recent 5-month consolidation.
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