Mid-Day Breakouts Report - Thursday, September 24th, 2020

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MIDDAY BREAKOUTS REPORT - THURSDAY, SEPTEMBER 24TH, 2020
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DOW 26791.02 27.89 (0.10%) | NASDAQ 10715.27 82.29 (0.77%) | S&P 500 3246.99 10.07 (0.31%)

Time of Screening : 9/24/2020 12:08:23 PM Report Released : 9/24/2020 12:35:06 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
ACN - NYSE - DIVERSIFIED SERVICES - Business/Management Services Accenture Plc	$216.02	-14.63 -6.34%	$220.45	$247.82	-12.83%	2,054,814 121.88%	1,686,000
Most Recent Note for ACN - 9/24/2020 12:10:47 PM Gapped down today slumping well below its 50 DMA line, encountering distributional pressure in recent weeks.Noted with caution in prior mid-day reports - "Fundamentals are not a match with the fact-based investment system's guidelines."
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AEM - NYSE - METALS & MINING - Gold Agnico Eagle Mines Ltd	$76.35	+1.64 2.20%	$76.76	$89.23	-14.43%	802,329 55.11%	1,456,000
Most Recent Note for AEM - 9/24/2020 12:12:57 PM Retreated from its 52-week high violating its 50 DMA line ($78.60) and prior lows with a spurt of volume-driven losses. Noted in prior mid-day reports - "Found support above its 50 DMA line ($76) and well above the prior high in the $69 area during its recent consolidation. This Canadian firm in the Mining - Gold/Silver/Gems group's 4 latest quarterly sales revenues and earning increases through Jun '20 have been strong. Its annual earnings (A criteria) history has been up and down."
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AMZN - NASDAQ - INTERNET - Internet Software & Services Amazon.com Inc	$3,047.74	+47.88 1.60%	$3,069.30	$3,552.25	-14.20%	2,914,507 58.94%	4,945,000
Most Recent Note for AMZN - 9/24/2020 12:14:05 PM Sputtering below its 50 DMA line ($3,175) after recent volume-driven losses. 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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APPS - NASDAQ - Internet-Network Sltns Digital Turbine Inc	$30.99	-1.68 -5.14%	$32.48	$34.72	-10.74%	2,395,566 51.30%	4,670,000
Most Recent Note for APPS - 9/24/2020 12:15:06 PM Perched near its all-time high following gains with above average volume, extended from any sound base. Quarterly comparisons through Jun '20 showed strong earnings increases above the +25% minimum guideline (C criteria) with encouraging acceleration in its sales revenues growth rate in sequential comparisons. After years of shrinking losses it had profitable results for its FY '19 and '20.
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BNSO - NASDAQ - MANUFACTURING - Diversified Machinery Bonso Electronic Intl	$4.30	+0.25 6.17%	$4.38	$4.70	-8.51%	32,981 206.13%	16,000
Most Recent Note for BNSO - 9/24/2020 12:16:10 PM Challenging its 52-week high with today's 2nd consecutive volume-driven gain after a brief consolidation. 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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COST - NASDAQ - RETAIL - Discount, Variety Stores Costco Wholesale Corp	$342.68	-1.96 -0.57%	$346.13	$363.67	-5.77%	1,512,910 76.84%	1,969,000
Most Recent Note for COST - 9/24/2020 12:17:11 PM Consolidating -5.5% off its 52-week high and just above both its 50 and 200 DMA lines. Fundamental concerns remain. Reported earnings +25% on +7% sales revenues for the May '20 quarter. Prior quarterly earnings comparisons were well below the +25% minimum guideline (C criteria).
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DAR - NYSE - Agricultural Operations Darling International	$32.13	+0.15 0.47%	$32.35	$36.09	-10.97%	769,876 58.99%	1,305,000
Most Recent Note for DAR - 9/24/2020 12:19:07 PM Pulling back from its all-time high and testing support at its 50 DMA line ($31.55). Noted with caution in prior mid-day reports - "Recent quarterly comparisons through Jun '20 showed great earnings improvement, but sales revenues growth has been flat. Annual earnings history included a downturn in FY '17."
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DQ - NYSE - Energy-Solar Daqo New Energy Corp Ads	$124.09	-0.43 -0.35%	$125.95	$137.03	-9.44%	159,204 50.70%	314,000
Most Recent Note for DQ - 9/24/2020 12:20:42 PM Perched within striking distance of its all-time high with today's 4th consecutive gain. Found support recently at its 50 DMA line ($114). On 4/12/18 a new Public Offering was completed. Reported very strong Mar and Jun '20 quarterly results versus the year ago periods, but it was repeatedly noted in prior mid-day reports with caution - "China-based firm in the Energy - Solar industry has not shown strong and steady earnings growth meeting the fact-based investment systems fundamental guidelines (C and A criteria)."
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FDS - NYSE - COMPUTER SOFTWARE & SERVICES - Information & Delivery Service Factset Research Sys Inc	$341.95	+11.23 3.40%	$357.92	$363.64	-5.96%	174,272 91.72%	190,000
Most Recent Note for FDS - 9/24/2020 12:22:52 PM Challenged its 52-week and all-time highs with today's early gain but then slumped back below its 50 DMA line ($347). Reported earnings +10% on +5% sales revenues for the Aug '20 quarter versus the year ago period. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Sales revenues and earnings history below guidelines.
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$35.18	-0.87 -2.41%	$35.66	$38.87	-9.49%	308,943 51.40%	601,000
Most Recent Note for GMAB - 9/24/2020 12:24:59 PM Gapped down today for a 4th consecutive loss after violating its 50 DMA line ($36.41) on the prior session with a damaging volume-driven loss. Encountering distributional pressure in recent weeks after wedging to a new all-time high. Reported Jun '20 quarterly earnings +999% on +596% sales revenues versus the year ago period its 4th consecutive strong quarterly comparison. Limited history remains a concern and has not been a good match with the fundamental guidelines of the fact-based investment system.
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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$128.70	-4.30 -3.23%	$134.20	$135.00	-4.67%	39,383 74.31%	53,000
Most Recent Note for GRVY - 9/24/2020 12:25:12 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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KBH - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction K B Home	$37.19	-0.27 -0.71%	$37.76	$40.86	-8.99%	939,783 60.79%	1,546,000
Most Recent Note for KBH - 9/24/2020 12:26:31 PM Pulled back with above average volume, abruptly retreating after touching new multi-year highs with its 9/22/20 gain. Recently found support at its 50 DMA line ($35.75) when consolidating. Reported earnings +14% on -14% sales revenues for the Aug '20 quarter. Prior mid-day reports noted - "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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LOGI - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Logitech Intl Sa	$74.22	+1.24 1.70%	$76.98	$76.53	-3.02%	1,889,260 347.29%	544,000
Most Recent Note for LOGI - 9/24/2020 12:28:10 PM Rebounded above its 50 DMA line ($72.27) with recent volume-driven gains and hit a new all-time high today. 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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NICE - NASDAQ - Computer Sftwr-Security Nice Ltd Adr	$214.40	-2.20 -1.01%	$217.68	$238.35	-10.05%	126,399 51.80%	244,000
Most Recent Note for NICE - 9/24/2020 12:29:59 PM This Israel-based Computer Software - Security firm is perched near its 50 DMA line ($215) consolidating in an orderly fashion since hitting a new all-time high. Prior mid-day reports repeatedly cautioned members - "Fundamental concerns remain. Reported Jun '20 quarterly earnings +10% on +3% sales revenues versus the year ago period. Prior quarterly earnings history is not a good match with the C criteria."
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PDEX - NASDAQ - WHOLESALE - Medical Equipment Wholesale Pro Dex Inc	$28.15	+1.14 4.22%	$28.15	$32.98	-14.65%	27,872 163.95%	17,000
Most Recent Note for PDEX - 9/24/2020 12:30:38 PM Extended from the prior base and consolidating after a recent spurt of gains backed by above average volume. Prior mid-day reports noted - "Reported greatly improved sales revenues and earnings increases in the Mar and Jun '20 quarters versus year ago periods. Prior quarterly and annual earnings history (C and A criteria) fails to match the fundamental guidelines of the fact-based investment system."
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PPD - NASDAQ - Medical-Research Eqp/Svc PPD Inc	$33.25	-0.49 -1.45%	$33.79	$35.70	-6.86%	1,165,210 87.54%	1,331,000
Most Recent Note for PPD - 9/24/2020 12:31:17 PM Consolidating above its 50 DMA line ($32.15) after pricing a Secondary Offering last week. Reported Jun '20 quarterly earnings -4% on +1% sales revenues versus the year-ago period. Quarterly sales revenues and earnings should be up +25% or more and ideally accelerating over prior quarters.
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PVG - NYSE - ENERGY - Oil & Gas Pipelines Pretium Resources Inc	$12.50	+0.24 2.00%	$12.63	$14.55	-14.06%	1,910,401 81.50%	2,344,000
Most Recent Note for PVG - 9/24/2020 12:32:17 PM Consolidating after hitting a new 52-week high last week. Reported Jun '20 quarterly earnings +189% on +47% sales revenues versus the year ago period, its 4th consecutive quarterly comparison above the +25% minimum earnings guideline. Annual earnings (A criteria) history has not been strong and steady.
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RH - NYSE - RETAIL - Home Furnishing Stores Restoration Hardware Hld	$354.83	+2.17 0.62%	$360.17	$410.49	-13.56%	332,087 50.86%	653,000
Most Recent Note for RH - 9/24/2020 12:32:47 PM Consolidating following a big gap up on 9/10/20 hitting new 52-week and all-time highs. Noted in prior mid-day reports with caution - "Found support at its 50 DMA line during a brief consolidation. It rebounded and rallied impressively after a deep pullback. Reported earnings +53% on +0% sales revenues for the Jul '20 quarter. Fundamental concerns remain. Annual earnings history (A criteria) has improved greatly since a downturn in FY 17. It was dropped from the Featured Stocks list on 8/24/15."
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SAP - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software S A P Ag Adr	$153.75	+1.64 1.08%	$154.22	$169.30	-9.18%	312,878 57.94%	540,000
Most Recent Note for SAP - 9/24/2020 12:33:53 PM Slumped well below its 50 DMA line ($161) with recent losses. While retreating from its all-time high prior mid-day reports repeatedly noted - "Reported earnings +6% on +0% sales revenues for the quarter ended June 30, 2020 versus the year ago period, and prior comparisons were below the +25% minimum earnings guideline (C criteria). Earnings and sales revenues growth rates have been below guidelines. It also has a huge supply of 1.19 billion shares outstanding (S criteria), making it less likely to be a good sprinter."
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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$471.20	-29.33 -5.86%	$502.25	$529.74	-11.05%	9,636,702 102.63%	9,390,000
Most Recent Note for ZM - 9/24/2020 12:35:00 PM Very extended from any sound base and retreating from its all-time high today following 5 consecutive gains marked by above average volume. Reported Jul '20 quarterly earnings +999% on +355% sales revenues versus the year ago period. 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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