Mid-Day Breakouts Report - Thursday, December 31st, 2020

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MIDDAY BREAKOUTS REPORT - THURSDAY, DECEMBER 31ST, 2020
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DOW 30399.35 -10.21 (-0.03%) | NASDAQ 12845.19 -24.81 (-0.19%) | S&P 500 3731.89 -0.15 (0.00%)

Time of Screening : 12/31/2020 12:43:53 PM Report Released : 12/31/2020 1:08:49 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

NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ARNC - NYSE - Mining-Metal Ores Arconic Inc	$30.13	+0.58 1.95%	$30.29	$31.59	-4.64%	825,449 97.92%	843,000
Most Recent Note for ARNC - 12/31/2020 12:44:29 PM Hovering near its 52-week high since noted in the 12/04/20 mid-day report - "Fundamental concerns remain due to its sub par and waning sales revenues."
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ATLC - NASDAQ - Finance-Consumer Loans Atlanticus Holdings Corp	$26.01	+1.56 6.38%	$26.50	$29.90	-13.01%	20,229 80.92%	25,000
Most Recent Note for ATLC - 12/31/2020 12:45:49 PM Consolidating after an impressive spurt of gains marked by heavy volume. The 12/23/20 mid-day report cautioned members - "Erratic quarterly and annual earnings history (C and A criteria)."
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BIDU - NASDAQ - INTERNET - Internet Information Providers Baidu Inc Ads	$215.30	-4.33 -1.97%	$225.35	$220.60	-2.40%	12,757,896 213.41%	5,978,000
Most Recent Note for BIDU - 12/31/2020 12:47:04 PM Hit another new 52-week high today and reversed into the red. During an impressive streak of gains marked by volume prior mid-day reports repeatedly noted - "Reported Sep '20 quarterly earnings +69% on+6% sales revenues versus the year ago period. Earnings were +41% on -4% sales revenues for the Jun '20 quarter. Sub par sales revenues growth remains a concern, fundamentally. Went through a long and deep consolidation since dropped from the Featured Stocks list on 1/16/15."
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BRKS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Azenta, Inc.	$69.98	-3.74 -5.07%	$69.99	$77.44	-9.63%	1,193,115 233.03%	512,000
Most Recent Note for BRKS - 12/31/2020 12:48:58 PM Gapped down today retreating from its all-time high and testing its 50 DMA line ($65.75) with a volume-driven loss. Last noted in the 11/11/20 mid-day report - "Reported earnings +104% on +24% sales revenues for the Sep '20 quarter versus the year ago period, its 5th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) included a downturn in FY '18. Went through a choppy consolidation since dropped from the Featured Stocks list on 7/31/18."
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BSIG - NYSE - Finance-Investment Mgmt BrightSphere Inv Group Inc	$19.45	+0.30 1.54%	$19.77	$19.78	-1.69%	341,810 58.43%	585,000
Most Recent Note for BSIG - 12/31/2020 12:49:30 PM Hovering near its 52-week high with today's 3rd consecutive gain. Sub par fundamentals.
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CAI - NYSE - Comml Svcs-Leasing CAI International Inc	$31.15	-0.02 -0.06%	$31.37	$35.76	-12.89%	156,702 94.97%	165,000
Most Recent Note for CAI - 12/31/2020 12:51:08 PM Testing support near its 50 DMA line ($30.95) again when pulling back from its 52-week high. Noted with caution in prior mid-day reports - "Fundamentals are not a match with the guidelines (C and A criteria) of the fact-based investment system."
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CLCT - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Collectors Universe Inc	$75.40	-0.12 -0.16%	$75.57	$81.00	-6.91%	121,729 63.40%	192,000
Most Recent Note for CLCT - 12/31/2020 12:51:32 PM Hovering near its 52-week high following 11/30/20 M&A news. 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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EARN - NYSE - Finance-Mortgage REIT Ellington Rsdn Mtge Reit	$12.98	+0.30 2.33%	$13.04	$13.30	-2.44%	65,505 128.44%	51,000
Most Recent Note for EARN - 12/31/2020 12:52:49 PM Prior mid-day reports noted - "Erratic earnings and sub par sales revenues growth history. Perched at multi-year highs."
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ELA - AMEX - Retail/Whlsle-Jewelry Envela Corporation	$5.30	-0.07 -1.30%	$5.50	$6.20	-14.52%	44,154 58.10%	76,000
Most Recent Note for ELA - 12/31/2020 12:53:39 PM Gapped up on the prior session for a 6th consecutive gain challenging its 52-week high. Prior mid-day reports noted - "Reported strong Sep '20 quarterly results versus the year ago period. Prior earnings history has been erratic and 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	$25.11	+1.66 7.08%	$26.19	$23.96	4.80%	1,964,279 308.36%	637,000
Most Recent Note for ELF - 12/31/2020 12:55:01 PM Gapped up today hitting a new 52-week high. Found prompt support near its 50 DMA line ($21.74) during recent consolidations. 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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FLGT - NASDAQ - Medical-Research Eqp/Svc Fulgent Genetics Inc	$55.97	+5.24 10.33%	$56.53	$54.14	3.38%	2,429,967 159.34%	1,525,000
Most Recent Note for FLGT - 12/31/2020 12:56:44 PM Today's volume-driven gain heled it touch a new all-time high. Prior mid-day reports cautioned members - "Recent quarterly comparisons in Jun and Sep '20 showed earnings with strong sales revenues increases. Prior earnings history is not a match with the fundamental guidelines."
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FSM - NYSE - RETAIL - Grocery Stores Fortuna Silver Mines	$8.20	-0.05 -0.61%	$8.39	$8.27	-0.85%	2,372,842 72.92%	3,254,000
Most Recent Note for FSM - 12/31/2020 12:57:45 PM Rebounded and hit a new 52-week high with a volume-driven gain after sputtering below its 50 DMA line in recent weeks. Prior mid-day reports cautioned members - "Erratic earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines."
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FUTU - NASDAQ - Finance-Invest Bnk/Bkrs Futu Holdings Cl A Ads	$46.90	+4.40 10.35%	$47.75	$51.10	-8.22%	4,510,268 148.32%	3,041,000
Most Recent Note for FUTU - 12/31/2020 1:00:33 PM Posting a 4th consecutive gain today, it found prompt support near the 50 DMA line and near the prior high in the $40 area. Reported Sep '20 quarterly earnings +999% on +276% sales revenues versus the year ago period, its 3rd strong quarterly comparison (C criteria) well 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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LRCX - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Lam Research Corp	$467.57	-16.89 -3.49%	$483.98	$516.65	-9.50%	803,511 59.13%	1,359,000
Most Recent Note for LRCX - 12/31/2020 1:03:05 PM Consolidating near its all-time high after an impressive rally. This widely held Electronics - Semiconductor Equipment firm reported Sep '20 quarterly earnings +78% on +47% sales revenues versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria) or down from the year ago periods and its annual earnings history (A criteria) included a downturn in FY '19.
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Magic Software Enter Ltd	$15.56	-0.17 -1.08%	$15.98	$16.87	-7.77%	22,027 57.97%	38,000
Most Recent Note for MGIC - 12/31/2020 1:03:26 PM Perched within close striking distance of its 52-week high. Tested support at its 50 DMA line during the consolidation since noted in the 11/30/20 mid-day report as it challenged its 52-week high. Made a choppy advance from the March low ($6.31). Reported Sep '20 quarterly earnings +12% on +11% sales revenues versus the year ago period. This Israel-based Computer - Tech Services firm's prior quarterly earnings history has been below the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been lackluster.
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MU - NASDAQ - ELECTRONICS - Semiconductor - Memory Chips Micron Technology Inc	$75.15	+3.23 4.49%	$75.68	$74.61	0.72%	12,429,937 79.00%	15,735,000
Most Recent Note for MU - 12/31/2020 1:04:59 PM Hitting yet another new 52-week high with today's 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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PAAS - NASDAQ - METALS & MINING - Silver Pan American Silver Corp	$34.58	-0.48 -1.37%	$35.10	$40.11	-13.79%	1,429,732 65.31%	2,189,000
Most Recent Note for PAAS - 12/31/2020 1:06:33 PM Quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines. Found prompt support in recent weeks at its 200 DMA line.
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TSLA - NASDAQ - Auto Manufacturers Tesla Motors Inc	$715.12	+20.34 2.93%	$718.72	$696.60	2.66%	28,360,293 64.18%	44,187,000
Most Recent Note for TSLA - 12/31/2020 1:08:41 PM Wedging to yet another new all-time high with today's 6th consecutive gain lacking great volume conviction. Recently rallied on news it was added to the S&P 500 Index. Found support after quietly sputtering below its 50 DMA line during its consolidation in recent weeks following a 5:1 share split. Fundamental concerns remain, however, through Sep '20 it has reported strong earnings increases and solid sales revenues growth above year ago periods. Annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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