Mid-Day Breakouts Report - Friday, October 2nd, 2020

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MIDDAY BREAKOUTS REPORT - FRIDAY, OCTOBER 2ND, 2020
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DOW 27616.92 -199.98 (-0.72%) | NASDAQ 11133.53 -192.97 (-1.70%) | S&P 500 3349.27 -31.53 (-0.93%)

Time of Screening : 10/2/2020 12:01:33 PM Report Released : 10/2/2020 12:28:49 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
CAMT - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Camtek Ltd	$17.80	-0.28 -1.55%	$17.92	$18.10	-1.66%	87,125 86.26%	101,000
Most Recent Note for CAMT - 10/2/2020 12:04:13 PM Gapped up on the prior session hitting a new all-time high with a considerable volume-driven gain. Found prompt support near its 50 DMA line ($15.49) during the recent consolidation. Fundamental concerns remain. Reported earnings -11% on +8% sales revenues for the Jun '20 quarter. This Israeli Electronics firm showed sub par earnings increases in prior quarterly comparisons versus year ago periods. Went through a deep pullback and then rebounded impressively since noted with caution in the 1/28/20 mid-day report - "Annual earnings (A criteria) history was erratic and not a match with the fact-based investment system's fundamental guidelines."
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DDOG - NASDAQ - Computer Sftwr-Enterprse Datadog Inc	$103.65	+0.14 0.14%	$108.20	$107.99	-4.02%	4,158,072 81.59%	5,096,000
Most Recent Note for DDOG - 10/2/2020 12:05:04 PM Holding its ground after hitting a new 52-week high with a big volume-driven gain on 9/30/20. When consolidating above its 50 DMA line ($86.74) the 9/18/20 mid-day report noted - "Versus losses in the year ago periods it reported earnings in the Dec '19, Mar and Jun '20 quarters with strong underlying sales revenues growth. Produced losses in annual earnings (A criteria) history through '19. Limited history is a concern since completing its $27 IPO on 9/19/19."
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DQ - NYSE - Energy-Solar Daqo New Energy Corp Ads	$149.04	-0.12 -0.08%	$151.57	$150.11	-0.71%	338,380 105.74%	320,000
Most Recent Note for DQ - 10/2/2020 12:05:51 PM Hit another new all-time high today after 5 consecutive gains since retesting support at its 50 DMA line ($118). 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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EXPI - NASDAQ - Real Estate Dvlpmt/Ops Exp Worldwide Holdings Inc	$43.07	-2.57 -5.63%	$44.44	$46.58	-7.54%	722,236 66.26%	1,090,000
Most Recent Note for EXPI - 10/2/2020 12:07:18 PM This REIT has been holding its ground stubbornly and is hovering at its all-time high. 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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KMX - NYSE - SPECIALTY RETAIL - Auto Dealerships Carmax Inc	$94.50	+1.01 1.08%	$94.58	$109.31	-13.55%	981,902 72.25%	1,359,000
Most Recent Note for KMX - 10/2/2020 12:07:55 PM Retreated from its all-time high with a gap down and volume-driven loss on 9/24/20 violating its 50 DMA line ($102.25). Reported earnings +28% on +3% sales revenues for the Aug '20 quarter versus the year ago period. The prior 5 consecutive quarterly comparisons were below the +25% minimum guideline (C criteria) of the fact-based investment system. Annual earnings (A criteria) improved steadily following a downturn in FY '09.
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LAD - NYSE - SPECIALTY RETAIL - Auto Dealerships Lithia Motors Inc Cl A	$265.56	+18.79 7.61%	$266.82	$278.14	-4.52%	463,248 96.51%	480,000
Most Recent Note for LAD - 10/2/2020 12:11:08 PM Rebounding above its 50 DMA line ($243) and challenging its 52-week high with today's big volume-driven gain. Completed a new Public Offering on 9/30/20. Rebounded and rallied impressively following a deep consolidation earlier this year. Reported earnings +26% on -14% sales revenues for the Jun '20 quarter. Prior quarterly earnings increases were not strong and steady above the +25% minimum (C criteria) guideline. This Medford, Oregon-based Retail/Wholesale - Automobile firm's annual earnings history (A criteria) has been strong and steady after a dramatic downturn in FY '07 and '08 earnings.
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MOH - NYSE - HEALTH SERVICES - Health Care Plans Molina Healthcare Inc	$189.77	+1.59 0.84%	$194.88	$198.38	-4.34%	200,561 51.29%	391,000
Most Recent Note for MOH - 10/2/2020 12:11:44 PM Found prompt support near its 200 DMA line and rebounded above its 50 DMA line ($182) during a streak of 7 consecutive gains. Reported earnings +62% on +10% sales revenues for the Jun '20 quarter 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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PAYC - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software Paycom Software, Inc	$330.18	+9.74 3.04%	$335.20	$342.00	-3.46%	245,588 50.74%	484,000
Most Recent Note for PAYC - 10/2/2020 12:16:29 PM Rallying straight up from its 200 DMA line ($277) challenging its prior highs with today's 6th consecutive gain. After dropped from the Featured Stocks list on 3/09/20 it went through a deep and choppy consolidation. Reported earnings -17% on +7% sales revenues for the Jun '20 quarter versus the year ago period.
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PCTY - NASDAQ - Computer Sftwr-Enterprse Paylocity Holding Corp	$164.84	+2.38 1.46%	$167.52	$167.59	-1.64%	186,609 52.27%	357,000
Most Recent Note for PCTY - 10/2/2020 12:18:49 PM Perched at its all-time high. Reported earnings -6% on +8% sales revenues for the Jun '20 quarter, breaking a streak of 7 comparisons above the +25% minimum earnings guideline (C criteria). Went through a deep consolidation and rebounded impressively since noted with caution in the 2/06/20 mid-day report - "There was a downturn in FY '18 earnings (A criteria), a flaw with respect to the fact-based investment system's fundamental guidelines."
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POOL - NASDAQ - WHOLESALE - Basic Materials Wholesale Pool Corp	$323.77	-4.51 -1.37%	$326.98	$342.15	-5.37%	272,277 94.87%	287,000
Most Recent Note for POOL - 10/2/2020 12:21:02 PM Perched near its 52-week high after a brief consolidation. Reported earnings +23% on +14% sales revenues for the Jun '20 quarter, below the +25% minimum earnings guideline (C criteria). Noted with caution in prior mid-day reports - "Fundamental concerns remain due to a sub par sales revenues growth history that is not a great match with the fact-based investment system's guidelines."
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PRSC - NASDAQ - HEALTH SERVICES - Specialized Health Services Providence Service Corp	$94.43	+0.38 0.40%	$96.17	$99.07	-4.69%	125,523 136.44%	92,000
Most Recent Note for PRSC - 10/2/2020 12:21:34 PM Pulled back from its all-time high and found support near its 50 DMA line ($89) during its recent consolidation. Noted with caution in prior mid-day reports - "Fundamentals are not a match with the C and A guidelines of the fact-based investment system."
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SAIL - NYSE - Computer Sftwr-Security Sailpoint Tech Holdings	$46.20	+0.62 1.35%	$47.09	$46.19	0.01%	1,594,856 104.92%	1,520,000
Most Recent Note for SAIL - 10/2/2020 12:22:53 PM Hitting another new 52-week high with today's 3rd consecutive volume-driven gain after a brief consolidation above its 50 DMA line ($36.90). Noted with caution in prior mid-day reports - "Held its ground after a 'breakaway gap' on 8/07/20. Bullish action came after it reported Jun '20 quarterly earnings per share of 15 cents compared to a 1 cent loss on +47% sales revenues 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 fundamental guidelines."
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SNX - NYSE - COMPUTER SOFTWARE & SERVICES - Technical & System Software Synnex Corp	$144.62	+0.34 0.24%	$145.45	$153.07	-5.52%	178,769 52.42%	341,000
Most Recent Note for SNX - 10/2/2020 12:23:52 PM Rallying toward its 52-week and all-time high with today's 6th consecutive gain marked by above average volume. Reported earnings +1% on +4% sales revenues for the Aug '20 quarter versus the year ago period, its 4th consecutive quarterly comparison below the minimum +25% earnings guideline (C criteria). Went through a deep consolidation since noted with caution in the 1/13/20 mid-day report - "Annual earnings (A criteria) history has been strong and steady."
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SPXC - NYSE - Machinery-Gen Industrial S P X Corp	$46.20	-0.93 -1.97%	$46.90	$53.76	-14.06%	122,868 52.51%	234,000
Most Recent Note for SPXC - 10/2/2020 12:24:32 PM Rallying from its 50 and 200 DMA lines toward prior highs with today's 6th consecutive volume-driven gain. Reported earnings -4% on +0% sales revenues for the Jun '20 quarter versus the year ago period. Went through a deep pullback from its all-time high since last noted with caution in the 2/14/20 mid-day report - "Fundamental concerns remain due to erratic sales revenues and earnings history."
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SSD - NYSE - MANUFACTURING - Small Tools & Accessories Simpson Manufacturing	$90.70	-6.67 -6.85%	$92.00	$104.34	-13.07%	452,633 201.17%	225,000
Most Recent Note for SSD - 10/2/2020 12:27:05 PM Gapped down today after meeting resistance at its 50 DMA line since slumping from its all-time high. Reported greatly improved earnings in the Dec '19, Mar and Jun '20 quarters. Prior earnings and sub par sales revenues growth history is not a match with the fact-based investment system's fundamental guidelines.
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TTD - NASDAQ - Comml Svcs-Advertising The Trade Desk Inc Cl A	$560.39	+5.22 0.94%	$569.93	$556.75	0.65%	653,812 61.22%	1,068,000
Most Recent Note for TTD - 10/2/2020 12:27:55 PM Hitting another new all-time high with today's 6th consecutive gain. It did not form a sound base pattern. Recently reported Jun '20 quarterly earnings -3% on -13% sales revenues versus the year ago period, raising fundamental concerns. It has shown resilience since dropped from the Featured Stocks list on 8/27/20.
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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$498.04	+15.05 3.11%	$507.49	$529.74	-5.99%	7,255,739 70.48%	10,295,000
Most Recent Note for ZM - 10/2/2020 12:28:43 PM Very extended from any sound base and hovering near its all-time high following streak of 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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