Mid-Day Breakouts Report - Thursday, December 7th, 2023

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MIDDAY BREAKOUTS REPORT - THURSDAY, DECEMBER 7TH, 2023
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DOW 36083.57 29.14 (0.08%) | NASDAQ 14320.71 174 (1.23%) | S&P 500 4582.12 32.78 (0.72%)

Time of Screening : 12/7/2023 12:20:13 PM Report Released : 12/7/2023 12:52:14 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
TBBK - NASDAQ Bancorp Inc	$39.28	+0.35 0.89%	$39.28	332,443 91.84% of 50 DAV 50 DAV is 362,000	$41.52 -5.41%	12/4/2023	$39.88	PP = $41.62 MB = $43.70
Most Recent Note - 12/7/2023 12:49:48 PM Y - Managed a "positive reversal" today after early weakness. Pivot point cited was based on its 7/27/23 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. The 4 latest quarterly comparisons through Sep '23 had earnings increases above the +25% minimum guideline (C criteria) versus the year ago period. Annual earnings history has been strong. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 12/5/2023. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AGX - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction Argan Inc	$41.61	-6.13 -12.84%	$43.90	$48.51	-14.22%	244,819 291.45%	84,000
Most Recent Note for AGX - 12/7/2023 12:21:44 PM Gapped down today abruptly retreating from its 52-week high with a big volume-driven loss. Reported Oct '23 quarterly earnings -29% on +39% sales revenues versus the year-ago period. Fundamental concerns remain. The Building -Heavy Construction firm is not a match with the fact-based investment system's fundamental guidelines.
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AVAV - NASDAQ - AEROSPACE/DEFENSE - Aerospace/Defense Products &; Services Aerovironment Inc	$122.86	-4.03 -3.18%	$127.74	$143.99	-14.67%	287,413 101.92%	282,000
Most Recent Note for AVAV - 12/7/2023 12:25:38 PM Gapped down on the prior session and slumping toward its 50 DMA line today withn another volume-driven loss, abruptly retreating from its 52-week high. Reported very strong Oct '23 quarterly earnings +62% sales revenues versus the year-ago period, its 3rd strong quarter. Fundamental concerns remain as its annual earnings (A criteria) growth has not been strong and steady.
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CLS - NYSE - Elec-Contract Mfg Celestica Inc	$26.81	+0.94 3.63%	$27.44	$28.39	-5.57%	1,162,217 58.14%	1,999,000
Most Recent Note for CLS - 12/7/2023 12:27:52 PM It has not formed a sound base and is still hovering near its 52-week high above its 50 DMA line, encountering distributional pressure. Reported earnings +25% on +6% sales revenues for the Sep '23 quarter versus the year ago period, and 6 of the last 7 quarterly comparisons were at or above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong since bottoming in FY '19.
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CNM - NYSE - Bldg-Constr Prds/Misc Core & Main Inc Cl A	$36.32	-0.89 -2.38%	$36.79	$37.96	-4.33%	4,019,739 147.57%	2,724,000
Most Recent Note for CNM - 12/7/2023 12:29:30 PM Gapped down today negating the prior gain after 6 consecutive gains. Reported Oct '23 quarterly earnings +0% on +0% sales revenues versus the year-ago period, its 4th subpar quarter. Prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Limited history is a concern since its $20 IPO on 7/23/21."
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DPZ - NYSE - Retail-Restaurants Dominos Pizza Inc	$402.88	+10.34 2.63%	$415.81	$409.95	-1.72%	612,032 90.14%	679,000
Most Recent Note for DPZ - 12/7/2023 12:32:17 PM Pulled back from earlier highs after rallying above recent resistance in the $400 area. Reported earnings +50% on -4% sales revenues for the Sep '23 quarter versus the year ago period. Prior quarterly earnings comparisons were below the +25% minimum guideline (C criteria). Annual earnings history had a downturn in FY '22 breaking a long streak of strong and steady earnings growth.
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GOOG - NASDAQ - INTERNET - Internet Information Providers Google Inc Cl C	$138.82	+7.39 5.62%	$139.48	$142.38	-2.50%	19,813,834 93.04%	21,295,000
Most Recent Note for GOOG - 12/7/2023 12:36:14 PM Gapped up today rebounding above its 50 DMA line ($135). Reported Sep '23 quarterly earnings +42% on +11% sales revenues versus the year ago period. Prior quarterly comparisons had earnings increases below the +25% minimum guideline (C criteria). This large-cap company is already heavily owned by 4,519 top-rated institutional investors (I criteria).
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GOOGL - NASDAQ - INTERNET - Internet Information Providers Google Inc Cl A	$137.37	+7.35 5.65%	$137.93	$141.22	-2.73%	30,030,866 106.40%	28,225,000
Most Recent Note for GOOGL - 12/7/2023 12:37:06 PM Gapped up today rebounding above its 50 DMA line ($133.53). Reported Sep '23 quarterly earnings +42% on +11% sales revenues versus the year ago period. Prior quarterly comparisons had earnings increases below the +25% minimum guideline (C criteria). This large-cap company is already heavily owned by 7,011 top-rated institutional investors (I criteria).
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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$75.39	+0.42 0.56%	$75.39	$82.48	-8.60%	11,155 69.72%	16,000
Most Recent Note for GRVY - 12/7/2023 12:37:33 PM Noted with caution in prior mid-day reports - "This Korean Computer Software firm faces near-term resistance due to overhead supply up to the $82 level. Reported very strong Dec '22, Mar, Jun, and Sep '23 results versus the year-ago periods."
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IESC - NASDAQ - Bldg-Maintenance & Svc Integrated Electric Svcs	$76.35	+5.12 7.19%	$81.80	$76.80	-0.59%	75,337 203.61%	37,000
Most Recent Note for IESC - 12/7/2023 12:40:21 PM Gapped up today hitting a new all-time high with a big volume-driven gain. Reported greatly improved earnings for the Mar, Jun, and Sep '23 quarters versus the year-ago periods but with subpar sales revenues growth which is not a match with the winning models of the fact-based investment system. There was a downturn in FY '22 earnings (A criteria).
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INFA - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Informatica Corp	$27.20	-0.19 -0.69%	$27.55	$27.73	-1.91%	459,046 93.68%	490,000
Most Recent Note for INFA - 12/7/2023 12:41:28 PM Holding its ground today after hitting another new 52-week high on the prior session with a 4th consecutive volume-driven gain. Stubbornly held its ground and inched higher since noted in the 11/15/23 mid-day report - "No resistance remaining due to overhead supply. Reported Sep '23 quarterly earnings +50% on +10% sales revenues versus the year-ago period. Prior quarterly comparisons were subpar and fundamental concerns remain."
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LPG - NYSE - Oil&Gas-Transprt/Pipelne Dorian LPG Ltd	$38.48	-3.99 -9.39%	$42.31	$45.06	-14.60%	834,362 91.49%	912,000
Most Recent Note for LPG - 12/7/2023 12:42:26 PM Retreating abruptly from its 52-week high with today's 3rd consecutive loss backed by higher volume. Reported Sep '23 quarterly earnings +330% on +90% sales revenues versus the year ago period, its 6th very strong quarterly earnings comparison above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Fundamental concerns remain due to its erratic annual earnings (A criteria) history.
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MLR - NYSE - AUTOMOTIVE - Auto Parts Miller Industries Inc	$40.02	+0.97 2.48%	$40.15	$41.50	-3.57%	36,497 140.37%	26,000
Most Recent Note for MLR - 12/7/2023 12:44:30 PM Hovering in a tight range near its 52-week high while churning higher volume this week, action indicative of distributional pressure. Reported Sep '23 quarterly earnings +230% on +34% sales revenues versus the year-ago period, its 5th very strong quarterly comparison. Annual earnings (A criteria) had a downturn in FY '20 and '21, not a match with the fundamental guidelines of the fact-based investment system. It went through a deep consolidation since dropped from the Featured Stocks list on 1/16/20.
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NHC - AMEX - HEALTH SERVICES - Long-Term Care Facilities National Healthcare Corp	$86.55	-0.84 -0.96%	$87.50	$88.71	-2.43%	46,409 92.82%	50,000
Most Recent Note for NHC - 12/7/2023 12:45:41 PM Pausing today following a gap up on 12/04/23 and additional volume-driven gains to new multi-year highs. Stubbornly held its ground since noted in the 11/17/23 mid-day report - "The Jun and Sep '23 quarterly comparisons showed very strong earnings increases however sales revenues growth has been lackluster. Prior quarterly and its annual earnings history (C and A criteria) has been up and down."
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NTES - NASDAQ - INTERNET - Internet Information Providers Netease Inc Adr	$104.88	+2.32 2.26%	$105.12	$118.90	-11.79%	687,027 61.34%	1,120,000
Most Recent Note for NTES - 12/7/2023 12:46:50 PM Violated its 50 DMA line during a streak of volume-driven losses since reaching a new 52-week high in mid-November. Prior mid-day reports repeatedly cautioned members - "Reported Sep '23 quarterly earnings +14% on +9% sales revenues versus the year-ago period and fundamental concerns remain. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings history has been up and down, a flaw concerning the A criteria of the fact-based investment system. It was dropped from the Featured Stocks list on 8/15/17."
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OLLI - NASDAQ - Retail-Discount&Variety Ollies Bargain Outlet Holdings, Inc	$74.39	-1.97 -2.58%	$77.13	$83.19	-10.58%	1,198,526 124.72%	961,000
Most Recent Note for OLLI - 12/7/2023 12:47:45 PM Sputtering below its 50 DMA line again today after challenging its 52-week high. Reported earnings +38% on +15% sales revenues for the Oct '23 quarter versus the year ago period, its 3rd strong quarterly comparison well above the +25% minimum guideline. Annual earnings (A criteria) had a downturn in FY '23 following years of steady growth. Went through choppy and deep consolidations after dropped from the Featured Stocks list on 12/07/18.
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PAY - NYSE - Finance-CrdtCard/PmtPr Paymentus Holdings	$17.19	-0.56 -3.15%	$17.75	$18.78	-8.47%	90,299 72.24%	125,000
Most Recent Note for PAY - 12/7/2023 12:48:35 PM Pulling back from its 52-week high with today's 2nd consecutive loss after a spurt of volume-driven gains. Reported strong Jun and Sep '23 quarterly results but fundamental concerns remain. Prior quarterly and annual earnings history (C and A criteria) has been subpar.
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YALA - NYSE - INTERNET - Content Yalla Group Ltd Ads	$6.15	+0.00 0.00%	$6.34	$6.44	-4.50%	347,732 147.97%	235,000
Most Recent Note for YALA - 12/7/2023 12:52:08 PM Touched a new 52-week high on the prior session. Noted with caution repeatedly in prior mid-day reports - "Churning above average volume in recent weeks while not making meaningful progress, consolidating after reaching new multi-year highs. Fundamental concerns remain for this United Arab Emirates-based social networking and entertainment firm."
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