Mid-Day Breakouts Report - Tuesday, September 22nd, 2020

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MIDDAY BREAKOUTS REPORT - TUESDAY, SEPTEMBER 22ND, 2020
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DOW 27093.01 -54.69 (-0.20%) | NASDAQ 10809.01 30.22 (0.28%) | S&P 500 3285.12 4.06 (0.12%)

Time of Screening : 9/22/2020 12:03:11 PM Report Released : 9/22/2020 12:23:17 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
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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
AMZN - NASDAQ - INTERNET - Internet Software & Services Amazon.com Inc	$3,043.17	+82.70 2.79%	$3,057.96	$3,552.25	-14.33%	3,023,535 60.57%	4,992,000
Most Recent Note for AMZN - 9/22/2020 12:05:21 PM Rebounding toward its 50 DMA line ($3,174) with today's 2nd consecutive volume-driven gain. It has not formed any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
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BAND - NASDAQ - Computer Sftwr-Enterprse Bandwidth Inc Cl A	$165.34	+1.73 1.06%	$168.33	$172.33	-4.06%	411,256 95.64%	430,000
Most Recent Note for BAND - 9/22/2020 12:06:20 PM Challenging its all-time high with today's 4th consecutive volume-driven gain after finding prompt support near its 50 DMA line. Prior mid-day reports cautioned members - "Prior quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines."
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CAI - NYSE - Comml Svcs-Leasing CAI International Inc	$26.73	+0.65 2.49%	$27.13	$29.57	-9.60%	69,446 78.03%	89,000
Most Recent Note for CAI - 9/22/2020 12:07:12 PM Fundamental's are not a match with the guidelines (C and A criteria) of the fact-based investment system.
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ELF - NYSE - Cosmetics/Personal Care E L F Beauty Inc	$18.49	+0.41 2.24%	$18.91	$21.02	-12.06%	502,823 71.53%	703,000
Most Recent Note for ELF - 9/22/2020 12:09:32 PM Gapped up today challenging its 50 DMA line ($18.88) which may act as resistance. Last noted with caution in the 8/06/20 mid-day report - "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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ERIE - NASDAQ - INSURANCE - Property & Casualty Insurance Erie Indemnity Co	$208.76	-4.60 -2.16%	$214.43	$226.57	-7.86%	46,981 88.64%	53,000
Most Recent Note for ERIE - 9/22/2020 12:10:31 PM Slumping below its 50 DMA line with today's 3rd consecutive volume-driven loss. This Insurance - Brokers firm reported earnings -7% on +1% sales revenues for the Jun '20 quarter versus the year ago period. 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 steady.
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EW - NYSE - HEALTH SERVICES - Medical Appliances & Equipment Edwards Lifesciences Cp	$78.34	-3.11 -3.82%	$81.45	$87.79	-10.76%	1,698,836 65.69%	2,586,000
Most Recent Note for EW - 9/22/2020 12:12:05 PM Violating its 50 DMA line with today's 4th consecutive loss. Reported earnings -26% on -15% sales revenues for the Jun '20 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been very good.
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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$126.00	-7.48 -5.60%	$135.00	$135.00	-6.67%	34,206 63.34%	54,000
Most Recent Note for GRVY - 9/22/2020 12:12:46 PM Hovering near its all-time high. Held its ground following a recent spurt of volume-driven gains. Prior mid-day reports noted - "Reported Jun '20 quarterly earnings +16% on +9% sales revenues versus the year ago period. Prior quarterly comparisons showed waning sales revenues and lower earnings versus the year ago periods. Limited annual earnings (A criteria) history is a concern for this Korean Computer Software firm."
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction Goldfield Corp	$4.25	+0.01 0.24%	$4.32	$4.90	-13.27%	64,154 66.83%	96,000
Most Recent Note for GV - 9/22/2020 12:13:42 PM There was a "negative reversal" noted after hitting another new 52-week high on 9/16/20. Noted with caution in prior mid-day reports - "Reported Jun '20 quarterly earnings +233% on +8% sales revenues versus the year ago period. Erratic quarterly comparisons and fundamentals fall short of the C and A criteria of the fact-based investment system. Low-priced stocks are discouraged from consideration unless solidly satisfying all key criteria."
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HUM - NYSE - HEALTH SERVICES - Health Care Plans Humana Inc	$390.49	-4.02 -1.02%	$398.56	$431.12	-9.42%	392,494 62.20%	631,000
Most Recent Note for HUM - 9/22/2020 12:14:50 PM Recently slumped below its 50 DMA line and it acted as resistance when trying to rebound. Reported earnings +108% on +17% sales revenues for the Jun '20 quarter, but prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Went through a deep pullback and rebounded impressively since last noted with caution in the 3/09/20 mid-day report.
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ISRG - NASDAQ - HEALTH SERVICES - Medical Appliances & Equipment Intuitive Surgical Inc	$662.05	+20.10 3.13%	$662.31	$778.83	-14.99%	804,548 124.74%	645,000
Most Recent Note for ISRG - 9/22/2020 12:15:59 PM Slumped abruptly from its all-time high and violated its 50 DMA line ($688) with damaging volume-driven losses. Noted with caution in prior mid-day reports - "Reported Jun '20 earnings -56% on -22% sales revenues versus the year-ago period, a clearly negative comparison, marking its 8th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong with respect to the fact-based investment system's guidelines (A criteria), however, consensus estimates are calling for -31% lower earnings for FY '20. Effective 10/06/17 its shares split 3-for-1."
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KBH - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction K B Home	$40.57	+1.64 4.21%	$40.65	$40.51	0.15%	1,168,490 80.98%	1,443,000
Most Recent Note for KBH - 9/22/2020 12:17:32 PM Touched new multi-year highs with today's early gain. Recently found support at its 50 DMA line ($35.48) when consolidating. Reported earnings +8% on -11% sales revenues for the May '20 quarter. Fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system.
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NLS - NYSE - CONSUMER DURABLES - Sporting Goods Nautilus Inc	$15.70	-0.99 -5.91%	$16.47	$17.24	-8.96%	2,881,421 137.21%	2,100,000
Most Recent Note for NLS - 9/22/2020 12:18:13 PM Perched near its 52-week high today following a spurt of volume-driven gains. Noted with caution in prior mid-day reports - "Very extended from any sound base. Rebounded impressively from lows last year in the $1.20 area. Slumped from multi-year highs since noted with caution in the 10/06/16 mid-day report. Reported greatly improved sales and earnings for the Mar and Jun '20 quarters versus year ago periods, but fundamental concerns remain."
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SCPL - NASDAQ - Computer Sftwr-Gaming Sciplay Corporation	$16.08	+0.08 0.50%	$16.54	$17.23	-6.67%	658,347 83.02%	793,000
Most Recent Note for SCPL - 9/22/2020 12:21:23 PM Challenging its 52-week high with today's 3rd consecutive gain. Found support at its 200 DMA line during its consolidation since last noted in the 8/04/20 mid-day report - "Reported Jun '20 quarterly earnings +200% on +40% sales revenues versus the year ago period. Prior history is limited since it completed its $16 IPO on 5/03/19."
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VSTO - NYSE - CONSUMER NON-DURABLES - Personal Products Vista Outdoor Inc	$21.16	+1.83 9.44%	$21.20	$22.60	-6.39%	965,494 83.74%	1,153,000
Most Recent Note for VSTO - 9/22/2020 12:22:29 PM Found prompt support at its 50 DMA line ($18.73) in recent weeks while consolidating after hitting new 52-week and multi-year highs. Concerns remain as when noted in the 6/19/20 mid-day report - "Prior quarterly sales revenues and earnings growth history is not a match with the fact-based investment system's fundamental guidelines."
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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$487.35	+18.88 4.03%	$488.00	$478.00	1.96%	8,065,252 90.82%	8,880,000
Most Recent Note for ZM - 9/22/2020 12:23:09 PM Very extended from any sound base and hitting new all-time highs with today's 4th consecutive gain. Reported Jul '20 quarterly earnings +999% on +355% sales revenues 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) has been noted as a concern.
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