Mid-Day Breakouts Report - Thursday, December 8th, 2022

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MIDDAY BREAKOUTS REPORT - THURSDAY, DECEMBER 8TH, 2022
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DOW 33807.14 209.22 (0.62%) | NASDAQ 11063.31 104.76 (0.96%) | S&P 500 3959.1 25.18 (0.64%)

Time of Screening : 12/8/2022 12:38:41 PM Report Released : 12/8/2022 1:07:24 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...

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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
MYE - NYSE Myers Industries Inc	$23.94	+1.22 5.39%	$23.98	85,252 72.25% of 50 DAV 50 DAV is 118,000	$25.55 -6.29%	12/8/2022	$23.94	PP = $25.65 MB = $26.93
Most Recent Note - 12/8/2022 12:59:06 PM Y - Color code is changed to yellow with pivot point cited based on its 6/06/22 high plus 10 cents. Today's big volume-driven gain has it rebounding near its 52-week high. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. The Sep '22 quarter showed +78% earnings on +14% sales revenues versus the year ago period. The past 4 quarterly comparisons were above the +25% minimum guideline (C criteria), however, its sales revenues growth rate has shown deceleration in sequential comparisons +45%, +29%, +24%, to +14%. Annual earnings (A criteria) history had a slight downturn in FY '19 but growth has been otherwise strong and steady. There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Axcelis Technologies Inc	$82.02	+3.91 5.00%	$82.50	$83.74	-2.06%	245,037 64.31%	381,000
Most Recent Note for ACLS - 12/8/2022 12:41:29 PM Gain today is challenging its 52-week high. Reported Sep '22 quarterly earnings +49% on +30% sales revenues versus the year ago period, its 10th strong quarterly comparison. Up and down annual earnings (A criteria) history is not a great match with the fundamental guidelines of the fact-based investment system.
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ASO - NASDAQ - Retail-Leisure Products Academy Sports & Outdoor	$55.25	-1.62 -2.85%	$57.57	$57.57	-4.03%	1,381,352 81.98%	1,685,000
Most Recent Note for ASO - 12/8/2022 12:42:58 PM Pulling back today after powering to new 52-week and all-time highs with a big volume-driven gain following a consolidating above its 50 DMA line. Reported Oct '22 quarterly earnings -3% versus the year ago period. Reported Jul and Apr '22 quarterly earnings lower than the year ago periods. Priced a Secondary Offering at a new all-time high on 9/15/21 and an earlier Secondary Offering on 1/29/21. Limited history is a concern since its $13 IPO on 10/02/20.
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CRAI - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services C R A International Inc	$115.92	-2.04 -1.73%	$118.20	$125.80	-7.86%	31,004 65.97%	47,000
Most Recent Note for CRAI - 12/8/2022 12:43:51 PM Consolidating near its 52-week high following volume-driven gains. Prior mid-day reports noted - "Reported earnings +14% on +9% sales revenues for the Sep '22 quarter versus the year ago period. Prior 3 quarterly comparisons were also below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady."
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FUTU - NASDAQ - Finance-Invest Bnk/Bkrs Futu Holdings Cl A Ads	$67.95	+2.87 4.41%	$68.40	$70.52	-3.64%	1,872,179 75.28%	2,487,000
Most Recent Note for FUTU - 12/8/2022 12:44:08 PM Faces resistance due to overhead supply up to the $181 level. Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +35% on +11% sales revenues versus the ear ago period, its 2nd strong quarterly comparison (C criteria) above the +25% minimum. Prior history is sub par. China-based Financial firm completed a new Public Offering on 8/18/20. Completed its $12 IPO on 3/08/19."
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GEF - NYSE - Containers/Packaging Greif Inc Cl A	$68.30	-1.98 -2.81%	$69.91	$74.22	-7.98%	185,442 73.30%	253,000
Most Recent Note for GEF - 12/8/2022 12:46:43 PM Reported Oct '22 quarterly earnings -5% on -5% sales revenues versus the year ago period. Pulling back today again testing its 50 DMA line ($67). Noted with caution in prior mid-day reports - "Reported Jul '22 quarterly earnings +22% on +9% sales revenues versus the year ago period. Prior 4 quarterly comparisons were well above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) had a downturn in FY '20, not a match with the fact-based investment system's strict fundamental guidelines."
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$45.96	+0.24 0.52%	$46.37	$47.50	-3.24%	696,295 110.35%	631,000
Most Recent Note for GMAB - 12/8/2022 12:48:19 PM Encountering some distributional pressure after rebounding near its all-time high. Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +148% on +50% sales revenues versus the year ago period. Prior quarterly comparisons were erratic and its annual earnings (A criteria) had a downturn in FY'21. 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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KBR - NYSE - DIVERSIFIED SERVICES - Technical Services K B R Inc	$52.15	+0.24 0.46%	$52.56	$56.94	-8.41%	1,051,605 88.44%	1,189,000
Most Recent Note for KBR - 12/8/2022 12:51:04 PM Perched within striking distance of its 52-week high. Reported Sep '22 quarterly earnings +2% on -12% sales revenues versus the year ago period. Prior quarterly comparisons showed stronger earnings increases but sequential comparisons showed waning sales revenues growth. Not a match with the fact-based investment system's fundamental guidelines.
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NVEC - NASDAQ - ELECTRONICS - Semiconductor - Specialized N V E Corp	$62.00	-0.28 -0.45%	$63.64	$71.00	-12.68%	31,647 150.70%	21,000
Most Recent Note for NVEC - 12/8/2022 12:59:50 PM Reported strong Sep '22 quarterly results. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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RUSHA - NASDAQ - SPECIALTY RETAIL - Auto Dealerships Rush Enterprises Cl A	$52.88	-0.46 -0.86%	$53.93	$60.89	-13.15%	116,456 57.94%	201,000
Most Recent Note for RUSHA - 12/8/2022 1:01:37 PM Reported earnings +33% on +47% sales revenues for the Sep '22 quarter versus the year ago period. Prior quarterly comparisons were also 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's guidelines.
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SANM - NASDAQ - Elec-Contract Mfg Sanmina Corp	$63.98	+0.11 0.16%	$64.37	$69.28	-7.66%	309,897 79.26%	391,000
Most Recent Note for SANM - 12/8/2022 1:02:45 PM Consolidating near its 52-week high since last noted with caution in the 12/01/22 mid-day report - "Reported earnings +58% on +34% sales revenues for the Sep '22 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Its up and down annual earnings (A criteria) also is a concern, fundamentally."
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$87.40	+1.30 1.50%	$89.97	$95.22	-8.22%	533,812 68.26%	782,000
Most Recent Note for SMCI - 12/8/2022 1:03:46 PM Pulled back from its all-time high hit last week after a spurt of volume-driven gains. Extended from the prior high ($74.93 on 8/25/22) and its 50 DMA line ($73.120) which define near-term support to watch. Reported Sep '22 quarterly earnings +490% on +79% sales revenues versus the year ago period, its 4th strong quarterly earnings increase well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21.
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TIPT - NASDAQ - Financial Svcs-Specialty Tiptree Financial Cl A	$14.92	+0.12 0.78%	$15.12	$14.93	-0.10%	65,077 97.13%	67,000
Most Recent Note for TIPT - 12/8/2022 1:05:02 PM On track today for an 8th consecutive gain while making steady progress since October. Faces some resistance due to overhead supply up to the $17 level and prior mid-day reports have repeatedly noted - "Fundamental concerns remain."
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TME - NYSE - INTERNET - Content Tencent Music Entertainment Group ADS	$7.92	+0.58 7.83%	$7.97	$7.70	2.79%	14,278,885 122.01%	11,703,000
Most Recent Note for TME - 12/8/2022 1:06:12 PM Volume-driven gains have been noted as an impressive spurt while making steady progress in recent weeks. Fundamental concerns remain, as prior mid-day reports repeatedly cautioned members. Reported Sep '22 quarterly earnings +33% on -15% sales revenues versus the year ago period. Noted with caution on 3/23/21 when hitting a new all-time high. Completed its $13 IPO on 12/12/18.
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VIPS - NYSE - Retail-Internet Vipshop Holdings Ltd Ads	$12.97	+0.38 2.98%	$13.03	$12.81	1.21%	6,703,395 119.38%	5,615,000
Most Recent Note for VIPS - 12/8/2022 1:07:09 PM Made steady progress in recent weeks with noted volume-driven gains while stubbornly holding its ground. Prior mid-day reports noted - "Reported earnings +57% on -21% sales revenues for the Sep '22 quarter versus the year ago period. Prior quarterly comparisons had earnings below the +25% minimum guideline (C criteria) with waning sales revenues. Went through a deep pullback from its $46 all-time high in Mar '21, a considerable rally from its Mar '12 IPO at a split-adjusted $0.70 per share. Completed a Secondary offering on 3/11/14."
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