Mid-Day Breakouts Report - Monday, November 2nd, 2020

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MIDDAY BREAKOUTS REPORT - MONDAY, NOVEMBER 2ND, 2020
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DOW 26948.09 446.49 (1.68%) | NASDAQ 10979.41 67.82 (0.62%) | S&P 500 3467.31 -28.79 (-0.82%)

Time of Screening : 11/2/2020 12:15:03 PM Report Released : 11/2/2020 1:01:52 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Pivot Point
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
TEAM - NASDAQ Atlassian Corp Plc	$185.25	-6.38 -3.33%	$192.41	1,264,300 75.17% of 50 DAV 50 DAV is 1,682,000	$216.30 -14.36%	10/12/2020	$193.77	PP = $199.60 MB = $209.58
Most Recent Note - 11/2/2020 12:55:28 PM G - Gapped down on the prior session slumping into the prior base and today's loss has undercut its 50 DMA line ($187) raising greater concerns. Weak action came after it reported earnings +7% on +26% sales revenues for the Sep '20 quarter versus the year ago period, well below the +25% minimum earnings guideline (C criteria), raising concerns. >>> The latest Featured Stock Update with an annotated graph appeared on 10/12/2020. Click here.
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TREX - NYSE Trex Company Inc	$71.90	+2.36 3.39%	$72.64	583,727 76.20% of 50 DAV 50 DAV is 766,000	$81.23 -11.49%	6/26/2020	$54.53	PP = $66.47 MB = $69.79
Most Recent Note - 11/2/2020 12:57:43 PM G - Slumped below its 50 DMA line ($73) with recently noted losses. Prior low ($63.32 on 9/21/20) defines the next near-term support. Due to report Sep '20 quarterly results after today's close. Volume and volatility often increase near earnings news. >>> The latest Featured Stock Update with an annotated graph appeared on 10/16/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ACU - AMEX - HEALTH SERVICES - Medical Instruments & Supplies Acme United Corp	$28.47	+0.27 0.95%	$28.77	$28.63	-0.57%	13,317 133.17%	10,000
Most Recent Note for ACU - 11/2/2020 12:17:19 PM Powered to new multi-year highs. Three if the past 4 quarterly comparisons through Sep '20 showed earnings increases above the +25% minimum guideline (C criteria) with sales revenues growth rate showing acceleration. Annual earnings (A criteria) history has been up and down, not a match with the fundamental guidelines of the fact-based investment system.
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ASML - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate A S M L Holding N.V. NY	$366.80	+6.79 1.89%	$368.32	$409.11	-10.34%	509,061 68.51%	743,000
Most Recent Note for ASML - 11/2/2020 12:19:12 PM Slumped below its 50 DMA line ($374) with recent volume-driven losses. Stalled after hitting a new all-time high on 10/13/20 with heavier volume behind its 5th consecutive gain. Prior mid-day reports noted - "Reported Sep '20 quarterly earnings +83% on +42% sales revenues versus the year-ago period and 3 of the 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history included a small downturn in FY '19. Dutch Electronics - Semiconductor Equipment firm made an impressive rally from a deep slump in March."
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AVID - NASDAQ - CONSUMER DURABLES - Electronic Equipment Avid Technology Inc	$9.10	-0.22 -2.36%	$9.35	$9.69	-6.09%	323,047 73.09%	442,000
Most Recent Note for AVID - 11/2/2020 12:20:27 PM Reported improved earnings increases in the Jun and Sep '20 quarters but with waning sales revenues, and other fundamental concerns remain. Noted with caution in prior mid-day reports - "Prior quarterly comparisons (C criteria) and annual earnings (A criteria) growth are not a match with the guidelines of the fact-based investment system."
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BSTC - NASDAQ - Medical-Biomed/Biotech Biospecifics Technologie	$88.24	+0.14 0.16%	$88.24	$89.15	-1.02%	77,867 76.34%	102,000
Most Recent Note for BSTC - 11/2/2020 12:20:52 PM Gapped up on 10/19/20 following M&A news. Reported earnings -88% on -56% sales revenues for the Jun '20 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) and fundamental concerns remain. It was dropped from the Featured Stocks list on 4/01/19. Thomas L. Wegman, President of BioSpecifics, passed away on March 13, 2019.
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COWN - NASDAQ - Finance-Invest Bnk/Bkrs Cowen Group Inc Cl A	$22.22	+0.76 3.54%	$22.70	$21.71	2.35%	314,985 79.14%	398,000
Most Recent Note for COWN - 11/2/2020 12:23:09 PM Perched at its 52-week high tallying a 5th consecutive volume-driven gain when prior mid-day reports cautioned members - "Reported very strong Sep and Jun '20 quarterly results versus the year ago periods. 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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CYH - NYSE - HEALTH SERVICES - Hospitals Community Health System	$6.93	+0.69 11.06%	$7.20	$7.47	-7.23%	2,859,802 149.03%	1,919,000
Most Recent Note for CYH - 11/2/2020 12:25:39 PM Gapped up today tallying its 4th consecutive volume-driven gain and challenging its 52-week high. Recently found support at its 200 DMA line. Prior quarterly earnings increases have been not been above the +25% guideline (C criteria) and its up and down annual earnings history remains a concern.
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DSKE - NASDAQ - TRANSPORTATION - Logistics Daseke Inc	$7.07	+0.50 7.61%	$7.36	$7.31	-3.28%	1,370,021 388.11%	353,000
Most Recent Note for DSKE - 11/2/2020 12:27:17 PM Fundamental concerns remain. Perched near its 52-week high with above average volume behind today's 5th consecutive gain.
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EGO - NYSE - METALS & MINING - Gold Eldorado Gold Corp	$12.74	+0.21 1.68%	$12.96	$14.23	-10.47%	1,911,024 76.50%	2,498,000
Most Recent Note for EGO - 11/2/2020 12:29:24 PM Pulled back from its 52-week high, consolidating above its 50 DMA line ($11.65). Recent strength in the Mining - Gold/Silver/Gems group (L criteria) helped numerous issues in the industry to rally. Reported strong Sep '20 quarterly earnings results. The 4 prior quarterly comparisons showed strong earnings and sales increases versus losses in the year ago periods. Annual earnings history (A criteria) is not a match with the fact-based investment system's fundamental guidelines.
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ELF - NYSE - Cosmetics/Personal Care E L F Beauty Inc	$20.64	+0.37 1.83%	$21.02	$22.14	-6.78%	461,219 65.89%	700,000
Most Recent Note for ELF - 11/2/2020 12:30:42 PM Consolidating above its 50 DMA line ($19.64). Noted with caution in prior mid-day reports - "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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EVA - NYSE - MATERIALS & CONSTRUCTION - Lumber, Wood Production Enviva Partners, LP	$43.35	+0.50 1.17%	$44.03	$44.00	-1.48%	64,019 68.11%	94,000
Most Recent Note for EVA - 11/2/2020 12:33:59 PM Posting a 4th consecutive gain and reaching a new all-time high. Found prompt support near its 50 DMA line. Due to report Sep '20 quarterly results on 11/04/20. Rebounded impressively after a deep pullback since noted with caution in the 2/13/20 mid-day report - "Fundamental concerns remain due to its erratic earnings history. Completed its $20 IPO on 4/29/15."
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$34.02	+0.36 1.07%	$34.21	$38.87	-12.48%	402,199 72.21%	557,000
Most Recent Note for GMAB - 11/2/2020 12:34:33 PM Sputtering below its 50 DMA line ($36.49). Repeatedly noted with caution in prior mid day reports near its 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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HOV - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Hovnanian Enterprises A	$34.22	+2.46 7.75%	$34.25	$38.18	-10.37%	190,643 104.75%	182,000
Most Recent Note for HOV - 11/2/2020 12:35:25 PM Found support near its 50 DMA line ($32.70) since noted with caution at its 52-week high in the 10/05/20 mid-day report - "Fundamental concerns remain as its 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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IPHI - NYSE - Elec-Semicondctor Fablss Inphi Corp	$138.75	-1.01 -0.72%	$140.81	$143.64	-3.40%	1,250,334 104.11%	1,201,000
Most Recent Note for IPHI - 11/2/2020 12:36:43 PM Gapped up on 10/29/20 hitting a new all-time high on M&A news. Reported Sep '20 quarterly earnings +96% on +92% sales revenues versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a previously noted downturn in FY '18, a flaw in its annual earnings (A criteria) history.
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LL - NYSE - RETAIL - Home Improvement Stores Lumber Liquidators Hldgs	$26.34	+4.22 19.08%	$27.00	$29.60	-11.01%	1,044,833 156.41%	668,000
Most Recent Note for LL - 11/2/2020 12:39:16 PM Rebounding above its 50 DMA line and toward its 52-week high with today's big volume-driven gain. Reported strong Sep '20 quarterly results versus the year ago period. Prior mid-day reports repeatedly noted - "Reported Jun '20 quarterly earnings +233% on -20% sales revenues versus the year ago period. Annual earnings (A criteria) growth has not been strong and steady."
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OIIM - NASDAQ - COMPUTER HARDWARE - Computer Peripherals O 2Micro Intl Ads	$6.37	-0.05 -0.78%	$6.95	$6.55	-2.75%	1,019,966 377.77%	270,000
Most Recent Note for OIIM - 11/2/2020 12:42:08 PM Reported greatly improved Jun and Sep '20 quarterly results versus the year ago periods. Prior quarterly and annual earnings history is not a match with the fundamental guidelines of the fact-based investment system.
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PJT - NYSE - Finance-Investment Mgmt P J T Partners Inc Cl A	$69.00	+1.34 1.98%	$70.25	$76.45	-9.74%	119,881 92.22%	130,000
Most Recent Note for PJT - 11/2/2020 12:43:36 PM Stalled after last noted in the mid-day report 10/27/20 after gapping up hitting new 52-week and all-time highs, rising from an advanced "3-weeks tight" base. Reported earnings +120% on sales revenues +71% for the Sep '20 quarter, its 6th consecutive very strong quarterly comparison versus the year ago period. Annual earnings history included a downturn in FY '17, a flaw concerning the A criteria of the fact-based investment system.
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PKI - NYSE - Medical-Research Eqp/Svc Perkinelmer Inc	$133.32	+3.77 2.91%	$133.94	$134.39	-0.80%	657,691 77.28%	851,000
Most Recent Note for PKI - 11/2/2020 12:43:59 PM Rallying near its all-time high with today's big gain. Found prompt support at its 50 DMA line ($121) during prior consolidations. Reported earnings +97% on +36% sales revenues for the Sep '20 quarter versus the year ago period, its 2nd strong quarterly comparison. Fundamental concerns remain. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has improved steadily.
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PRGX - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services P R G X Global Inc	$5.79	+0.35 6.42%	$5.79	$6.11	-5.25%	26,155 70.69%	37,000
Most Recent Note for PRGX - 11/2/2020 12:44:48 PM The 10/30/20 mid-day report noted - "Fundamental concerns remain. Low-priced stocks are discouraged from consideration unless all key criteria of the fact-based investment system are solidly satisfied."
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PWR - NYSE - MATERIALS & CONSTRUCTION - General Contractors Quanta Services Inc	$65.49	+3.06 4.90%	$65.56	$64.25	1.93%	1,364,606 110.76%	1,232,000
Most Recent Note for PWR - 11/2/2020 12:45:37 PM Powering to new highs. Stayed well above its 50 DMA line during its prior consolidation. Prior mid-day reports noted - "Fundamental concerns remain. Quarterly earnings history (C criteria) is not a match with the fact-based system's fundamental guidelines."
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SACH - AMEX - Finance-Mortgage REIT Sachem Capital Corp	$4.12	+0.17 4.31%	$4.19	$4.66	-11.58%	56,507 86.93%	65,000
Most Recent Note for SACH - 11/2/2020 12:46:26 PM Went through a deep consolidation since noted with caution near its all-time high in the 7/29/19 mid-day report - "Fundamental concerns remain and prior mid-day reports repeatedly cautioned members - 'Reported earnings +0% on +23% sales revenues for the Mar '19 quarter versus the year ago period. Limited history for this REIT since its $5 IPO in Feb '17. Minuscule quarterly sales revenues in the $3 million area leave fundamental concerns.'"
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SCCO - NYSE - Mining-Metal Ores Southern Copper Corp	$53.32	+0.98 1.87%	$53.57	$52.98	0.64%	537,134 67.06%	801,000
Most Recent Note for SCCO - 11/2/2020 12:48:18 PM Hitting a new 52-week high with today's gain adding to a recent spurt of volume-driven gains. Reported strong Sep '20 quarterly results but prior quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines.
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SIVB - NASDAQ - BANKING - Regional - Pacific Banks S V B Financial Group	$302.33	+11.63 4.00%	$304.75	$307.75	-1.76%	213,807 65.79%	325,000
Most Recent Note for SIVB - 11/2/2020 12:49:33 PM Reported earnings +64% on +24% sales revenues for the Sep '20 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Went through a deep consolidation since dropped from the Featured Stocks list on 10/23/18.
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SNE - NYSE - CONSUMER DURABLES - Electronic Equipment Sony Corp American Shrs	$85.07	+1.41 1.69%	$85.92	$84.15	1.09%	917,916 89.82%	1,022,000
Most Recent Note for SNE - 11/2/2020 12:50:53 PM This Japan-based giant in the Media- Diversified industry posted volume-driven gains last week and with today's 7th consecutive gain it is hitting new multi-year highs. Reported Sep '20 earnings +155% on +2% sales revenues versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history has been erratic and is not a match with the fact-based investment system's fundamental guidelines.
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STNE - NASDAQ - Finance-CrdtCard/PmtPr Stoneco Ltd Cl A	$53.51	+0.97 1.85%	$55.24	$60.76	-11.93%	1,860,468 87.10%	2,136,000
Most Recent Note for STNE - 11/2/2020 12:54:07 PM Slumped below its 50 DMA line ($53.92) with a damaging volume-driven loss on the prior session. Rebounded and rallied impressively after a deep slump since last noted with caution on 3/09/20. The 3 latest quarterly comparisons through Sep '20 were below the fundamental guidelines of the fact-based investment system.
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UMC - NYSE - ELECTRONICS - Semiconductor - Integrated Cir United Microelectrnc Adr	$5.32	+0.02 0.28%	$5.46	$5.91	-10.07%	3,198,121 115.66%	2,765,000
Most Recent Note for UMC - 11/2/2020 12:58:26 PM Consolidating near its 52-week high. Prior high ($4.69 on 8/06/20) and its 50 DMA line ($4.66) define near-term support to watch. Reported Sep '20 quarterly earnings +225% on +28% sales revenues versus the year ago period. Company recently reported that it expects to soon settle litigation and regulatory concerns with regard to a Micron (MU) dispute. Prior mid-day reports noted - "Reported Jun '20 quarterly earnings +350% on +30% sales revenues versus the year-ago period and recent quarters showed solid earnings and improved sales revenues increases. Up and down annual earnings (A criteria) history is not a good match with the fact-based investment system's fundamental guidelines."
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WTRE - NASDAQ - Insurance-Prop/Cas/Titl Watford Holdings Ltd	$34.50	-1.50 -4.17%	$34.71	$36.79	-6.22%	1,712,358 478.31%	358,000
Most Recent Note for WTRE - 11/2/2020 1:00:39 PM Hovering near its all-time high. Reported strong Jun and Sep '20 quarterly results versus the year ago periods. 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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