Mid-Day Breakouts Report - Wednesday, December 2nd, 2020

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, DECEMBER 2ND, 2020
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DOW 29816.08 -7.84 (-0.03%) | NASDAQ 12345.39 -9.72 (-0.08%) | S&P 500 3665.96 3.51 (0.10%)

Time of Screening : 12/2/2020 12:13:27 PM Report Released : 12/2/2020 12:50:03 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% 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
AMD - NYSE Advanced Micro Devices	$94.44	+1.81 1.95%	$96.37	38,286,890 76.20% of 50 DAV 50 DAV is 50,246,000	$94.28 0.16%	11/18/2020	$82.54	PP = $88.72 MB = $93.16
Most Recent Note - 12/2/2020 12:17:24 PM G - Trading further above its "max buy" level and hitting a new all-time high with today's gain. Rallied above the pivot point on 11/30/20 with a noted big gain backed by +69% above average volume triggering a technical buy signal. Its 50 DMA line ($82.63) defines important near term support. >>> The latest Featured Stock Update with an annotated graph appeared on 11/30/2020. Click here.
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VEEV - NYSE Veeva Systems Inc Cl A	$275.61	-8.59 -3.02%	$275.80	2,323,639 266.47% of 50 DAV 50 DAV is 872,000	$313.99 -12.22%	10/6/2020	$287.71	PP = $298.86 MB = $313.80
Most Recent Note - 12/2/2020 12:49:55 PM G - Rebounded from the early low after gapping down today, slumping back below its 50 DMA line ($282.64) and nearly testing the prior low ($253.42 on 11/10/20). Reported Oct '20 quarterly earnings +30% on +34% sales revenues versus the year ago period. Volume and volatility often increase near earnings news. Faces resistance due to overhead supply up to the $314 area. >>> The latest Featured Stock Update with an annotated graph appeared on 11/16/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AQUA - NYSE - Pollution Control Evoqua Water Tech Corp	$25.46	-1.11 -4.18%	$25.46	$28.38	-10.29%	2,561,041 401.42%	638,000
Most Recent Note for AQUA - 12/2/2020 12:18:06 PM Retreating from its 52 week high with above average volume behind today's big loss testing its 50 DMA line. Completed Secondary Offerings on 8/07/20 and 3/05/20. Reported Sep '20 quarterly earnings +71% on -7% sales revenues versus the year ago period. Stubbornly held its ground and made progress since noted with caution in the 10/05/20 mid-day report - "Quarterly and annual earnings history (C and A criteria) has not been strong and steady. Faces little resistance due to /20 overhead supply up to the $25 level."
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CLCT - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Collectors Universe Inc	$76.50	-0.56 -0.73%	$76.86	$81.00	-5.56%	75,547 57.67%	131,000
Most Recent Note for CLCT - 12/2/2020 12:19:16 PM No resistance remains due to overhead supply and it hit another new 52-week high with a volume-driven gain on 11/30/20. Reported strong Sep '20 earnings +63% with sales revenues +1% versus the year ago period. Made impressive progress since noted with caution in the 10/22/19 mid-day report - "Its prior sales and earnings history has been erratic and below guidelines."
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CLGX - NYSE - Finance-Mrtg&Rel Svc Corelogic Inc	$77.82	-0.49 -0.63%	$78.42	$79.21	-1.75%	643,814 66.65%	966,000
Most Recent Note for CLGX - 12/2/2020 12:19:35 PM Spiked to new highs with volume-driven gains and stubbornly held its ground since noted in the 11/03/20 mid-day report - "Held its ground stubbornly since a gap up on 6/26/20 following M&A news. Reported earnings +70% on +16% sales revenues for the Sep '20 quarter versus the year ago period, its 4th strong quarter above the +25% minimum guideline (C criteria). Up and down annual earnings history (A criteria) has not been strong and steady."
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CRNC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Cerence Inc	$84.90	-6.84 -7.46%	$90.00	$94.92	-10.56%	438,286 66.01%	664,000
Most Recent Note for CRNC - 12/2/2020 12:21:13 PM Pulling back today following a spurt of volume-driven gains into new high territory. Prior mid-day reports repeatedly cautioned members - "Found support near its 50 DMA line during its recent consolidations. Reported earnings +17% on +10% sales revenues for the Sep '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fundamental guidelines of the fact-based investment system."
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CRWS - NASDAQ - Consumer Prod-Specialty Crown Crafts Inc	$7.84	+0.06 0.77%	$7.93	$7.98	-1.75%	17,906 74.61%	24,000
Most Recent Note for CRWS - 12/2/2020 12:23:59 PM Wedging to new multi-year highs with recent gains. Reported earnings +33% on +17% sales revenues for the Sep '20 quarter but fundamental concerns remain. Noted with caution in prior mid-day reports - "Low-priced stocks are discouraged from consideration under the fact-based system unless all key criteria are solidly satisfied. This low-priced stock does not meet the fact-based investment system's guidelines. Its earnings history has not been strong and steady."
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DAVA - NYSE - Computer-Tech Services Endava Plc Cl A Ads	$65.21	+2.10 3.33%	$65.22	$70.00	-6.84%	127,059 70.20%	181,000
Most Recent Note for DAVA - 12/2/2020 12:27:05 PM Rebounding above its 50 DMA line ($64.57) today, yet it faces near-term resistance due to overhead supply up to the $70 level. This UK-based Computer-Tech Services firm reported Sep '20 quarterly earnings +13% on +21% sales revenues versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Went through a deep pullback and rebounded impressively since dropped from the Featured Stocks list on 3/11/20.
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DOOR - NYSE - Bldg-Constr Prds/Misc Masonite International	$95.19	-4.58 -4.59%	$99.94	$109.84	-13.34%	133,513 69.54%	192,000
Most Recent Note for DOOR - 12/2/2020 12:28:00 PM Undercutting its 50 DMA line ($96.50). Reported earnings +100% on +6% sales revenues for the Sep '20 quarter versus the year ago period, its 3rd consecutive comparison above the +25% minimum guideline (C criteria). Prior quarterly comparisons also showed sub par sales revenues growth. Annual earnings (A criteria) history has not been strong and steady.
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$38.08	-0.16 -0.42%	$38.62	$39.81	-4.35%	333,849 59.40%	562,000
Most Recent Note for GMAB - 12/2/2020 12:30:34 PM Rebounded above its 50 DMA line and it is perched near its all-time high. Reported Sep '20 quarterly earnings +8% on +79% sales revenues versus the year ago period, breaking a streak of 4 consecutive strong quarterly comparisons. Prior mid-day reports cautioned members - "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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INFO - NASDAQ - Financial Svcs-Specialty IHS Markit Ltd	$93.07	-0.53 -0.57%	$95.00	$101.45	-8.26%	1,444,374 67.78%	2,131,000
Most Recent Note for INFO - 12/2/2020 12:31:01 PM Gapped up on 11/30/20 hitting a new all-time high on M&A news with S&P Global (SPGI). Through Aug '20 its quarterly earnings growth was below the +25% minimum guideline (C criteria) of the fact-based investment system.
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MU - NASDAQ - ELECTRONICS - Semiconductor - Memory Chips Micron Technology Inc	$68.90	+1.82 2.71%	$69.20	$68.63	0.39%	12,041,708 68.07%	17,691,000
Most Recent Note for MU - 12/2/2020 12:31:52 PM Hitting another new 52-week high with today's 2nd big volume-driven gain. Noted in prior mid-day reports - "Reported earnings +93% on +24% sales revenues for the Aug '20 quarter versus the year ago period. Prior quarterly comparisons have shown sub par sales revenues and earnings lower than the year ago periods. Annual earnings history (A criteria) has been erratic and below the fact-based system's guidelines."
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MYRG - NASDAQ - MATERIALS &; CONSTRUCTION - Heavy Construction M Y R Group Inc	$52.33	+0.83 1.61%	$52.33	$53.85	-2.82%	110,786 107.56%	103,000
Most Recent Note for MYRG - 12/2/2020 12:34:58 PM Hovering near its all-time high and stubbornly holding its ground, extended from any sound base. Prior mid-day reports noted - "The past 3 quarterly comparisons through Sep '20 were above the +25% minimum earnings guideline (C criteria). Up an down annual earnings (A criteria) history is not a match with historic models for big winners identified under the fact-based investment system."
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NGHC - NASDAQ - Insurance-Prop/Cas/Titl National General Holdings Corp	$34.21	+0.01 0.01%	$34.38	$34.48	-0.80%	651,246 94.93%	686,000
Most Recent Note for NGHC - 12/2/2020 12:35:09 PM Holding its ground in a tight range near its high since a considerable gap up on 7/08/20 following M&A news with Allstate (ALL). Completed a new Public Offering on 11/14/18. Reported earnings +53% on +10% sales revenues for the Sep '20 quarter versus the year ago period. Fundamental concerns remain. Annual earnings (A criteria) growth has not been strong and steady.
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RIO - NYSE - METALS & MINING - Steel & Iron Rio Tinto Plc Adr	$70.48	+2.97 4.40%	$70.58	$67.91	3.78%	2,600,895 127.37%	2,042,000
Most Recent Note for RIO - 12/2/2020 12:36:46 PM The UK-based Mining - Metal Ores firm is hitting new 52-week highs with today's 2nd consecutive gain. Found support above its 200 DMA line ($55) during its consolidation since noted in the 9/25/20 mid-day report. Fundamental concerns remain as prior mid-day reports cautioned members - "Reported Mar and Jun '20 quarters with earnings -3% on -7% sales revenues versus the year ago period. Annual earnings (A criteria) history has improved since a downturn in FY '15."
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RNG - NYSE - Computer Sftwr-Enterprse RingCentral Inc Cl A	$322.22	+16.37 5.35%	$324.86	$317.84	1.38%	971,044 101.89%	953,000
Most Recent Note for RNG - 12/2/2020 12:38:08 PM Hitting a new 52-weeek high withh today's 5th consecutive gain. Found support at its 200 DMA line during prior consolidations. Reported earnings +18% on +30% sales revenues for the Sep '20 quarter. Prior quarterly earnings increases were also below the +25% minimum guideline although sales revenues growth remained strong. Annual earnings growth has been strong since turning a profitable FY '16 after shrinking losses in prior years.
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SNE - NYSE - CONSUMER DURABLES - Electronic Equipment Sony Corp American Shrs	$93.22	-1.46 -1.54%	$93.35	$94.82	-1.69%	712,004 64.79%	1,099,000
Most Recent Note for SNE - 12/2/2020 12:39:38 PM This Japan-based giant in the Media- Diversified industry posted volume-driven gains while recently rallying to new multi-year highs. It was noted while wedging higher since prior mid-day reports cautioned members - "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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SSTK - NYSE - INTERNET - Internet Software & Services Shutterstock Inc	$72.41	+2.14 3.05%	$73.62	$73.65	-1.68%	439,586 132.81%	331,000
Most Recent Note for SSTK - 12/2/2020 12:40:26 PM Hitting new 52-week highs with a streak of consecutive volume-driven gains. Reported Sep '20 quarterly earnings +176% on +4% sales revenues versus the year ago period. Prior earnings history is not a match with the fact-based investment system (C and A criteria).
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TBBK - NASDAQ - BANKING - Regional - Mid-Atlantic Banks Bancorp Inc	$12.56	+0.34 2.78%	$12.61	$13.73	-8.52%	187,706 71.37%	263,000
Most Recent Note for TBBK - 12/2/2020 12:41:51 PM Fundamentals are not a match with the minimum guidelines (C and A criteria) for buy candidates. It was dropped from the Featured Stocks list on 10/31/13.
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TX - NYSE - METALS & MINING - Steel & Iron Ternium Sa Adr	$28.45	+0.05 0.18%	$28.48	$29.00	-1.90%	211,175 57.86%	365,000
Most Recent Note for TX - 12/2/2020 12:42:35 PM Perched at its 52-week high with today's 8th consecutive gain. Reported strong Sep '20 quarterly earnings with -13% sales revenues versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history and sales revenues growth is not a match with the fact-based investment system's fundamental guidelines.
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UCTT - NASDAQ - ELECTRONICS - Semiconductor - Specialized Ultra Clean Holdings Inc	$34.13	+0.88 2.64%	$35.11	$33.34	2.37%	558,146 141.30%	395,000
Most Recent Note for UCTT - 12/2/2020 12:43:41 PM Hitting another new 52-week high with today's 4th consecutive gain, rallying with big gains marked by volume after a choppy consolidation. The 4 latest quarterly comparisons through Sep '20 showed very strong earnings increases backed by strong and accelerating sales revenues growth. Has a new CEO as of 10/02/17. Annual earnings (A criteria) history has been erratic and is not a match with the fact-based investment system's fundamental guidelines.
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UMC - NYSE - ELECTRONICS - Semiconductor - Integrated Cir United Microelectrnc Adr	$7.27	-0.15 -2.02%	$7.46	$7.50	-3.07%	2,644,115 68.02%	3,887,000
Most Recent Note for UMC - 12/2/2020 12:45:26 PM Perched at its 52-week high following 4 consecutive gains. Its 50 DMA line ($5.55) defines 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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