Mid-Day Breakouts Report - Friday, October 7th, 2022

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Tuesday, July 23, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - FRIDAY, OCTOBER 7TH, 2022
Previous Mid Day Report Next Mid Day Report >>>

DOW 29457.96 -468.98 (-1.57%) | NASDAQ 10766.76 -306.55 (-2.77%) | S&P 500 3669.85 -74.67 (-1.99%)

Time of Screening : 10/7/2022 11:50:20 AM Report Released : 10/7/2022 12:15:01 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
ACGL - NASDAQ - INSURANCE - Property & Casualty Insurance Arch Capital Group Ltd	$46.64	-1.36 -2.84%	$47.74	$50.73	-8.07%	887,687 62.43%	1,422,000
Most Recent Note for ACGL - 10/7/2022 11:52:39 AM Pulling back this week after rallying within striking distance of its 52-week high. Rebounded from 2022 low back above its 50 and 200 DMA lines with volume-driven gains. Reported earnings +34% on -14% sales revenues for the Jun '22 quarter. Sub par sales revenues growth and its up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ATCO - NYSE - Finance-Investment Mgmt Atlas Corp	$15.03	+0.98 6.98%	$15.06	$16.23	-7.39%	6,111,305 374.70%	1,631,000
Most Recent Note for ATCO - 10/7/2022 11:54:54 AM Consolidating since a gap up on 8/05/22 following M&A news. Annual earnings (A criteria) history has been erratic.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
BBSI - NASDAQ - DIVERSIFIED SERVICES - Staffing & Outsourcing Service Barrett Business Svcs	$79.08	-0.26 -0.33%	$80.11	$86.82	-8.91%	28,490 67.83%	42,000
Most Recent Note for BBSI - 10/7/2022 11:56:53 AM Slumped and lingered below its 50 DMA line since noted with caution in the 8/04/22 mid-day report near its 52-week high - "Reported Jun '22 quarterly earnings +11% on +12% sales revenues versus the year ago period and fundamental concerns remain. Its annual earnings (A criteria) history has not been strong and steady."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
DGII - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev Digi International Inc	$36.93	-0.73 -1.93%	$37.56	$38.95	-5.20%	303,586 76.09%	399,000
Most Recent Note for DGII - 10/7/2022 11:58:37 AM Perched near its 52-week high following noted volume-driven gains. Its 50 DMA line ($33.45) and prior lows in the $31 area define 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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
HES - NYSE - ENERGY - Oil &; Gas Refining &; Marketing Hess Corp	$130.69	+0.31 0.24%	$131.83	$131.44	-0.57%	957,194 52.05%	1,839,000
Most Recent Note for HES - 10/7/2022 12:00:27 PM Quickly rebounded from its 200 DMA to hit a new 52-week high today following 7 volume-driven gains in the prior 8 sessions. It showed very strong sales revenues and earnings increases in the Jun '22 quarter versus the year ago period, its 6th strong quarterly comparison. Annual earnings history has not been a match with the fundamental guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
LPLA - NASDAQ - Finance-Invest Bnk/Bkrs L P L Financial Holdings	$242.03	-4.39 -1.78%	$243.49	$247.00	-2.01%	487,454 60.11%	811,000
Most Recent Note for LPLA - 10/7/2022 12:01:37 PM Pulling back from a new all-time high with today's loss after 5 consecutive gains backed by ever-increasing volume. Found support near its 50 DMA line ($225.67) since noted in the 9/26/22 mid-day report with caution - "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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MVO - NYSE - ENERGY - Oil & Gas Drilling & Explorati M V Oil Trust	$14.88	+0.18 1.22%	$14.99	$15.07	-1.26%	77,332 108.92%	71,000
Most Recent Note for MVO - 10/7/2022 12:04:25 PM Hit a new all-time high on the prior session with a 5th consecutive gain backed by ever-increasing volume. Prior mid-day reports noted - "Found support near its 200 DMA line in recent months. Recent quarterly comparisons through Jun '22 showed sales revenues and earnings greatly improving over the year ago periods. Erratic annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
OVV - NYSE - Oil&Gas-Intl Expl&Prod Ovintiv Inc	$56.28	+0.50 0.90%	$56.39	$63.30	-11.09%	1,888,668 53.05%	3,560,000
Most Recent Note for OVV - 10/7/2022 12:08:07 PM Rebounded from below its 200 DMA toward the 52-week high with a streak of 9 consecutive gains marked by volume. Quarterly comparisons through Jun '22 showed great earnings increases over the year ago periods. Annual earnings (A criteria) history is not a match with the fact-based system's fundamental guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$23.00	-0.18 -0.78%	$23.17	$23.49	-2.09%	238,674 55.90%	427,000
Most Recent Note for PGTI - 10/7/2022 12:10:11 PM Perched near its 52-week high following volume-driven gains. Overhead supply remains to act as resistance up to the $28 level. Reported earnings +272% on +42% sales revenues for the Jun '22 quarter versus the year ago period, its 3rd strong quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VOC - NYSE - Oil&Gas-Royalty Trust V O C Energy Trust	$7.94	+0.17 2.19%	$7.99	$8.44	-5.92%	72,448 60.37%	120,000
Most Recent Note for VOC - 10/7/2022 12:11:51 PM Rebounded within close striking distance of its 52-week high with today's 9th consecutive gain. Recent quarterly comparisons through Jun '22 showed great percentage earnings increases over the year ago periods. Sales revenues totals have been rather minuscule relative to most publicly traded companies worthy of serious consideration under the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
WCN - NYSE - MATERIALS & CONSTRUCTION - Waste Management Waste Connections Inc	$132.24	-2.48 -1.84%	$134.51	$148.20	-10.77%	708,524 67.87%	1,044,000
Most Recent Note for WCN - 10/7/2022 12:13:26 PM Abruptly slumped well below its 50 DMA line this week testing its 200 DMA line ($131.69). Stalled and encountered distributional pressure after reaching a new all-time high and noted with caution in prior mid-day reports - "Reported earnings +23% on +18% sales revenues for the quarter ended June 30, 2022 versus the year ago period. Prior quarterly comparisons have not shown strong and steady earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) track record included a slight downturn in FY '20."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
XOM - NYSE - ENERGY - Major Integrated Oil & Gas Exxon Mobil Corp	$103.04	+0.98 0.96%	$103.32	$105.57	-2.40%	10,544,562 53.05%	19,877,000
Most Recent Note for XOM - 10/7/2022 12:14:47 PM Rallying within close striking distance of multi-year highs with today's 5th consecutive volume-driven gain. Found prompt support at its 200 DMA line ($85.87). Noted with caution in prior mid-day reports - "Recent quarterly comparisons through Jun '22 showed strong sales revenues and earnings increases over the year ago periods. Annual earnings (A criteria) history has been erratic."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. We are not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.