Mid-Day Breakouts Report - Friday, November 9th, 2018

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MIDDAY BREAKOUTS REPORT - FRIDAY, NOVEMBER 9TH, 2018
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DOW 26029.29 -161.93 (-0.62%) | NASDAQ 7441.54 -89.34 (-1.19%) | S&P 500 2788.15 -18.68 (-0.67%)

Time of Screening : 11/9/2018 12:35:02 PM Report Released : 11/9/2018 1:47:02 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
GDOT - NYSE Green Dot Corp Cl A	$86.08	-6.76 -7.28%	$92.87	373,855 93.46% of 50 DAV 50 DAV is 400,000	$93.00 -7.44%	11/8/2018	$90.35	PP = $91.61 MB = $96.19
Most Recent Note - 11/9/2018 1:07:13 PM Y - Abruptly reversing into the prior base with today's big loss. Finished strong after highlighted in yellow with pivot point cited based on its 9/14/18 high plus 10 cents in the 11/08/18 mid-day report. The big gain and strong close above the pivot point backed by +213% above average volume clinched a technical buy signal as it hit a new all-time high. Rallied straight up from the bottom of an 8-week base during which its 200 DMA line acted as support. Reported earnings +74% on +14% sales revenues for the Sep '18 quarter. Recent quarterly comparisons show strong earnings increases with strong sales revenues growth. Its small supply of only 52.6 million outstanding shares (S criteria) can contribute to greater price volatility in the event of institutional buying or selling. Annual earnings (A criteria) history has been strong after a small downturn in FY '15. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 11/8/2018. Click here.
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GMED - NYSE Globus Medical Inc Cl A	$52.38	-5.06 -8.81%	$55.96	810,490 115.45% of 50 DAV 50 DAV is 702,000	$57.83 -9.42%	9/26/2018	$56.11	PP = $57.65 MB = $60.53
Most Recent Note - 11/9/2018 1:13:41 PM G - Reported earnings +30% on +12% sales revenues for the Sep '18 quarter. Gapped down and abruptly retreated below its 50 and 200 DMA lines with today's big loss triggering a technical sell signal and its color code is changed to green. Disciplined investors note it did not trigger a technical buy signal after previously noted - "Volume and volatility often increase near earnings news. Its 50 DMA line ($53.26) and 200 DMA line ($51.52) define near-term support. Subsequent gains above the pivot point backed by more than +40% above average volume are needed to trigger a proper technical buy signal." >>> The latest Featured Stock Update with an annotated graph appeared on 11/5/2018. Click here.
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UBNT - NASDAQ Ubiquiti Networks Inc	$108.20	+13.66 14.45%	$112.38	1,086,685 225.92% of 50 DAV 50 DAV is 481,000	$101.33 6.78%	11/9/2018	$108.20	PP = $101.43 MB = $106.50
Most Recent Note - 11/9/2018 1:42:48 PM Y - Color code is changed to yellow with new pivot point cited based on its 9/25/18 high plus 10 cents. Gapped up today hitting a new all-time high with heavy volume behind its 4th consecutive gain. Reported earnings +27% on +15% sales revenues for the Sep '18 quarter, marking its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria), helping it better match the fact-based investment system's fundamental guidelines. After a small downturn in FY '15 its annual earnings (A criteria) growth has been strong. >>> The latest Featured Stock Update with an annotated graph appeared on 4/20/2012. Click here.
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ULTA - NASDAQ Ulta Salon Cosm & Frag	$311.40	+6.91 2.27%	$312.20	768,551 70.38% of 50 DAV 50 DAV is 1,092,000	$308.88 0.82%	11/8/2018	$296.36	PP = $290.40 MB = $304.92
Most Recent Note - 11/9/2018 1:45:35 PM Y - Finished strong after highlighted in yellow with pivot point cited based on its 9/11/18 high plus 10 cents in the prior mid-day report. The gain and close above the pivot point backed by +79% above average volume clinched a technical buy signal. Hit another new 52-week high today, and very little overhead supply remains to act as resistance up to the $314 level. Went through a deep consolidation since dropped from the Featured Stocks list on 6/29/17. Fundamentals remain strong as earnings increases were above the +25% minimum guideline (C criteria) in 3 of the past 4 quarterly comparisons through Jul '18 versus the year ago periods. >>> The latest Featured Stock Update with an annotated graph appeared on 6/21/2017. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
CRNT - NASDAQ - TELECOMMUNICATIONS - Communication Equipment Ceragon Networks Ltd	$4.28	-0.24 -5.31%	$4.44	$4.58	-6.55%	692,711 119.43%	580,000
Most Recent Note for CRNT - 11/9/2018 12:41:05 PM This Israel-based Telecom firm spiked to a new 52-week high this week with an impressive streak of volume-driven gains. Erratic quarterly reports through Sep '18 are not a good match with the fact-based system's fundamental guidelines (C criteria). Last noted with caution in the 1/24/11 mid-day report - "Based on the weak action it was dropped from the Featured Stocks list 11/7/07 and subsequently slumped from $14* to as low as $3.90 before rebounding."*
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CYBR - NASDAQ - COMPUTER SOFTWARE and SERVICES - Security Software and Services Cyber-Ark Software Ltd	$77.70	-0.30 -0.38%	$79.09	$84.21	-7.73%	568,433 91.24%	623,000
Most Recent Note for CYBR - 11/9/2018 12:42:00 PM Gapped up on the prior session rebounding above its 50 DMA line and hitting new 52-week and all-time highs. Volume and volatility often increase near earnings news. Bullish action came after it reported earnings +92% on +31% sales revenues for the Sep '18 quarter, its 2nd strong quarter. Prior mid-day reports cautioned members - "This Israel-based Computer Software - Security firm reported +71% earnings on +35% sales revenues for the Jun '18 quarter. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Completed a new Public Offering on 6/10/15. Completed a Secondary Offering on 3/11/15. Up and down annual earnings history (A criteria) since its $16 IPO on 9/24/14."
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CZNC - NASDAQ - Banks-Northeast Citizens & Northern Corp	$26.70	+0.15 0.56%	$26.79	$28.99	-7.90%	13,828 125.71%	11,000
Most Recent Note for CZNC - 11/9/2018 12:45:50 PM Recently found support near its 200 DMA line. The three latest quarterly comparisons through Sep '18 showed strong earnings increases above the +25% minimum guideline (C criteria). Unimpressive annual earnings (A criteria) history and lack of sales revenues growth are fundamental concerns.
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DATA - NYSE - HEALTH SERVICES - Medical Laboratories & Researc Tableau Software Cl A	$112.98	-6.68 -5.58%	$118.08	$125.50	-9.98%	1,500,680 164.01%	915,000
Most Recent Note for DATA - 11/9/2018 12:48:44 PM Undercutting prior highs today after a "negative reversal" on the prior session. Abruptly retreating after spiking higher on 11/08/18 to a new 52-week high with considerable volume-driven gain. Reported earnings +488% on +35% sales revenues for the Sep '18 quarter, its 3rd strong quarter. Volume and volatility often increase near earnings news. Found support at its 200 DMA line during the consolidation since noted with caution in the 9/06/18 mid-day report - "Reported Jun '18 earnings +310% on +33% sales revenues versus the year ago period, its 2nd strong quarterly comparison versus the year ago period. Fundamental concerns remain because its prior quarterly and annual earnings (C and A criteria) history has not been strong and steady."
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DIS - NYSE - MEDIA - Entertainment - Diversified Walt Disney Company	$118.27	+2.27 1.96%	$120.20	$119.69	-1.19%	9,976,928 132.76%	7,515,000
Most Recent Note for DIS - 11/9/2018 1:03:24 PM Gapped up today hitting another new 52-week high. Bullish action came after it reported earnings +38% on +12% sales revenues for the Sep '18 quarter. Perched within close striking distance of its all-time high ($122.08 in Aug '15). The goliath Media - Diversified firm was noted with caution in the 10/19/18 mid-day report - "Prior quarters were not strong and steady above the +25% minimum earnings guideline (C criteria) of the fact-based investment system."
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ENSG - NASDAQ - HEALTH SERVICES - Long-Term Care Facilities Ensign Group Inc	$47.42	-0.57 -1.19%	$48.17	$48.00	-1.21%	232,927 77.90%	299,000
Most Recent Note for ENSG - 11/9/2018 1:05:04 PM Perched at a new 52-week high following considerable volume-driven gains, extended from any sound base. The 4 most recent quarters through Sep '18 showed earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has not been a great match with the investment system's guidelines.
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JKHY - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Jack Henry & Assoc Inc	$141.04	-2.06 -1.44%	$142.89	$163.68	-13.83%	595,901 110.97%	537,000
Most Recent Note for JKHY - 11/9/2018 1:16:00 PM Sinking further today after a gap down on the prior session retreating well below its 50 DMA line ($155) and further from its all-time high. Reported earnings +26% on +9% sales revenues for the Sep '18 quarter. Noted with caution in the 8/28/18 mid-day report - "Sales revenues growth has been sub par and prior earnings increases have been under the +25% minimum guideline (C criteria)."
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LOPE - NASDAQ - DIVERSIFIED SERVICES - Education &; Training Services Grand Canyon Education	$124.43	-4.92 -3.80%	$126.26	$130.10	-4.36%	882,064 232.73%	379,000
Most Recent Note for LOPE - 11/9/2018 1:18:49 PM Gapped down from its all-time high today and early losses undercut its 50 DMA line ($117), yet it quickly rebounded. Reported earnings +29% on -34% sales revenues for the Sep '18 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria) of the fact-based investment system.
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MLNX - NASDAQ - ELECTRONICS - Semiconductor - Broad Line Mellanox Technologies	$92.64	-0.01 -0.01%	$93.25	$99.14	-6.56%	476,198 70.97%	671,000
Most Recent Note for MLNX - 11/9/2018 1:23:19 PM Perched at its 52-week high after 11/08/18 M&A news. Gapped up on 10/26/18 for a considerable volume-driven gain and rallied straight up from the bottom of a 19-week base. This Israel-based Electronics - Semiconductor firm reported earnings +87% with sales revenues +24% for the Sep '18 quarter versus the year ago period, its 3rd strong quarter. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines. Survived but failed to impress since it was dropped from the Featured Stocks list on 7/17/12.
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NEO - NASDAQ - Medical-Services NeoGenomics Inc	$17.08	-0.56 -3.15%	$17.94	$19.04	-10.32%	493,356 75.21%	656,000
Most Recent Note for NEO - 11/9/2018 1:24:56 PM Consolidating after an impressive streak of 8 consecutive volume-driven gains. Last noted with caution in the 11/01/18 mid-day report - "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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NGHC - NASDAQ - Insurance-Prop/Cas/Titl National General Holdings Corp	$27.61	+0.05 0.18%	$27.75	$28.56	-3.33%	136,028 74.33%	183,000
Most Recent Note for NGHC - 11/9/2018 1:26:44 PM Held its ground stubbornly since last noted with caution in the 10/31/18 mid-day report after it gapped up and quickly rebounded near its all-time high - "Reported earnings +150% on +6% sales revenues for the Sep '18 quarter. Fundamental concerns remain due to sub par sales revenues growth. Annual earnings (A criteria) growth has not been strong and steady."
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SPSC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software S P S Commerce Inc	$97.32	+1.42 1.48%	$98.20	$100.68	-3.34%	193,481 113.15%	171,000
Most Recent Note for SPSC - 11/9/2018 1:31:42 PM Held is ground stubbornly after a gap up when noted in the 10/26/18 mid-day report - "Rebounding above its 50 DMA line with a big volume-driven gain, rallying toward its all-time high. Reported earnings +108% on +12% sales revenues for the quarter ended September 30, 2018. The past 4 quarterly earnings comparisons were above the +25% minimum guideline (C criteria). Since a downturn in FY '16 its up and down annual earnings (A criteria) history remains a concern. Completed new Public Offerings on 11/20/13 and 9/06/12."
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UBFO - NASDAQ - Banks-West/Southwest United Security Bncsh Ca	$10.97	+0.09 0.83%	$11.00	$11.65	-5.84%	22,984 208.95%	11,000
Most Recent Note for UBFO - 11/9/2018 1:35:39 PM Reported earnings +31% on +6% sales revenues for the Sep '18 quarter, and earnings +33% on +6% ales revenues for the Jun '18 quarter. Sputtering along since last noted in the 4/19/18 mid-day report - "Rising near its all-time high. This thinly traded Bank holding company showed strong sales revenues and earnings increases in the Jun, Sep, Dec '17, and Mar '18 quarters. Annual earnings (A criteria) growth history is not a match with the fact-based investment system's fundamental guidelines."
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WP - NYSE - Finance-CrdtCard/PmtPr Worldpay Inc Cl A	$89.39	-1.75 -1.91%	$90.42	$103.50	-13.64%	1,820,143 84.15%	2,163,000
Most Recent Note for WP - 11/9/2018 1:46:54 PM Met resistance when rebounding toward its 50 DMA line ($95.88) and it gapped down on the prior session as the mid-day report noted - "Reported earnings +17% on -2% sales revenues for the Sep '18 quarter versus the year ago period and fundamental concerns remain."
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