Mid-Day Breakouts Report - Tuesday, February 7th, 2023

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MIDDAY BREAKOUTS REPORT - TUESDAY, FEBRUARY 7TH, 2023
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DOW 33891.02 -34.99 (-0.10%) | NASDAQ 11887.45 -119.5 (-1.00%) | S&P 500 4111.08 -25.4 (-0.61%)

Time of Screening : 2/7/2023 1:06:08 PM Report Released : 2/7/2023 1:47:35 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 75% 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
GPK - NYSE Graphic Packaging Hldg	$22.05	-1.62 -6.83%	$23.38	6,430,300 214.85% of 50 DAV 50 DAV is 2,992,900	$24.20 -8.90%	10/25/2022	$22.75	PP = $24.17 MB = $25.38
Most Recent Note - 2/7/2023 1:27:45 PM G - Gapped down today and its color code is changed to green after it abruptly slumped from near its 52-week high, violating its 50 DMA line and undercutting its 200 DMA line, raising concerns. After challenging its pivot point last week members were again reminded - "Disciplined investors know that gains above a stock's pivot point must be backed by at least +40% above average volume to trigger a proper technical buy signal." >>> The latest Featured Stock Update with an annotated graph appeared on 1/27/2023. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AE - AMEX - Oil&Gas-Refining/Mktg Adams Res & Energy Inc	$56.74	-0.88 -1.52%	$59.13	$57.95	-2.10%	47,816 132.82%	36,000
Most Recent Note for AE - 2/7/2023 1:07:06 PM This thinly-traded AMEX listed stock hit another new high today following 4 consecutive volume-driven gains after a brief consolidation. Fundamentals remain a concern due to an erratic quarterly and annual earnings history (C and A criteria).
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AGCO - NYSE - MANUFACTURING - Farm & Construction Machinery A G C O Corp	$132.91	-1.71 -1.27%	$140.23	$150.28	-11.56%	535,475 84.59%	633,000
Most Recent Note for AGCO - 2/7/2023 1:09:00 PM Sputtering below its 50 DMA line ($134.82) after a volume-driven loss when last noted in the 2/02/23 mid-day report - "Faces resistance due to overhead supply up to the $150 level. Reported earnings +32% on +15% sales revenues for the Sep '22 quarter versus the year ago period. Prior 2 quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady."
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AXON - NASDAQ - Security/Sfty Axon Enterprise Inc	$183.57	-12.39 -6.32%	$194.76	$204.99	-10.45%	1,517,338 268.08%	566,000
Most Recent Note for AXON - 2/7/2023 1:11:58 PM Undercut its 50 DMA line ($179.58) today then rebounded above it, yet still on track for a big volume-driven loss. The 1/30/23 mid-day report last noted - "It faces little resistance due to overhead supply up to the $212 level. Went through a deep consolidation since dropped from the Featured Stocks list on 3/04/21. Quarterly comparisons through Sep '22 were not strong and steady above the +25% minimum earnings guideline."
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BBSI - NASDAQ - DIVERSIFIED SERVICES - Staffing & Outsourcing Service Barrett Business Svcs	$97.93	+0.42 0.43%	$97.93	$100.79	-2.84%	37,440 79.66%	47,000
Most Recent Note for BBSI - 2/7/2023 1:12:56 PM Consolidating above its 50 DMA line ($95.54) and perched near its 52-week high. Noted in prior mid-day reports - "Reported Sep '22 quarterly earnings +25% on +11% sales revenues versus the year ago period but fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) history has not been strong and steady."
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CECO - NASDAQ - Pollution Control Ceco Environmental	$14.43	+0.04 0.24%	$15.19	$14.81	-2.60%	745,857 260.79%	286,000
Most Recent Note for CECO - 2/7/2023 1:16:15 PM Hitting a new 52-week high with today's 4th consecutive gain backed by above average volume. Recent quarterly comparisons through Sep '22 showed strong sales revenues and earnings increases of more than +25% above the year ago periods (C criteria). Annual earnings (A criteria) history has been up and down.
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CTS - NYSE - Elec-Semiconductor Mfg C T S Corp	$42.39	-4.27 -9.15%	$45.04	$48.18	-12.02%	198,625 125.71%	158,000
Most Recent Note for CTS - 2/7/2023 1:17:48 PM Gapped down toay and undercut its 50 DMA line ($42.35) while abruptly retreating from its 52-week high. Rallied from near its 200 DMA line ($40.18) with a streak of gains in recent weeks. Reported earnings +35% on +24% sales revenues for the Sep '22 quarter versus the year ago period. Two of the past 4 quarterly earnings increases were above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been up and down.
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FN - NYSE - ELECTRONICS - Specialized Electronics Fabrinet	$122.47	-9.59 -7.26%	$137.75	$140.18	-12.63%	247,028 140.36%	176,000
Most Recent Note for FN - 2/7/2023 1:20:03 PM Slumping from near its 52-week high and violating its 50 DMA line ($130.91) withn today's volume-driven loss. Reported earnings +27% on +18% sales revenues for the Dec '22 quarter versus the year ago period, its 3rd quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history included a slight downturn in FY '20.
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FSBW - NASDAQ - Banks-West/Southwest F S Bancorp	$36.98	+0.15 0.41%	$36.98	$37.39	-1.10%	23,156 105.25%	22,000
Most Recent Note for FSBW - 2/7/2023 1:23:34 PM Went through a deep consolidation since last noted when dropped from the Featured Stocks list on 8/18/21. Rallied last week to hit a new all-time high. Reported Dec '22 quarterly earnings -4% on +21% sales revenues versus the year ago period and fundamental concerns remain. A 2:1 stock split impacted share prices as of 7/15/21 (Featured Price, Pivot Point, and Max Buy levels were updated accordingly).
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HAE - NYSE - HEALTH SERVICES - Medical Instruments & Supplies Haemonetics Corp	$83.66	-4.11 -4.68%	$88.00	$91.39	-8.46%	393,681 95.09%	414,000
Most Recent Note for HAE - 2/7/2023 1:28:36 PM Testing its 50 DMA line ($82.56) with today's volume-driven loss. Reported earnings +1% on +18% sales revenues for the Dec '22 quarter versus the year ago period. Fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) and sales revenue growth history is not a match with the guidelines of the fact-based investment system.
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HURN - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Huron Consulting Grp Inc	$69.97	+0.47 0.68%	$70.15	$80.72	-13.32%	113,203 112.08%	101,000
Most Recent Note for HURN - 2/7/2023 1:29:27 PM Found support near its 200 DMA line ($72.17) last week. Reported earnings +29% on +28% sales revenues for the quarter ended September 30, 2022 versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Up and down annual earnings (A criteria) history is not a good match with the guidelines of the fact-based system. It survived but failed to impress since dropped from the Featured Stocks list on 8/15/2007.
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IT - NYSE - DIVERSIFIED SERVICES - Business/Management Services Gartner Inc	$336.42	-4.51 -1.32%	$341.14	$358.25	-6.09%	440,023 109.19%	403,000
Most Recent Note for IT - 2/7/2023 1:30:53 PM Finding support after undercutting its 50 DMA line ($338.76) and it remains perched near its all-time high. Reported earnings +24% on +15% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria) of the fact-based system.
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KAI - NYSE - Machinery-Gen Industrial Kadant Inc	$208.50	+0.26 0.12%	$209.96	$220.00	-5.23%	43,093 75.60%	57,000
Most Recent Note for KAI - 2/7/2023 1:32:46 PM Went through a deep consolidation since last noted with caution in the 11/03/21 mid-day report - "Reported earnings +21% on +12% sales revenues for the Sep '22 quarter versus the year ago period, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in FY '20 annual earnings (A criteria) history, not a great match with the guidelines of the fact-based investment system."
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MLI - NYSE - MANUFACTURING - Metal Fabrication Mueller Industries Inc	$73.89	+4.70 6.79%	$74.29	$71.41	3.47%	311,195 97.86%	318,000
Most Recent Note for MLI - 2/7/2023 1:34:54 PM Hitting a new 52-week high with today's big gain backed by above average volume. Reported Dec '22 quarterly earnings +11% on -8% sales revenues versus the year ago period, its 2nd quarterly earnings comparison below the +25% minimum guideline (C criteria). Annual earnings history had a slight downturn in FY '19, not a great match with the fact-based investment system's guidelines.
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MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$15.67	+0.64 4.26%	$15.92	$16.47	-4.86%	751,693 84.94%	885,000
Most Recent Note for MNSO - 2/7/2023 1:35:56 PM Perched near its 52-week high today following a recent spurt of gains but it still faces resistance due to overhead supply. Prior mid-day reports noted - "Quarterly and annual earnings history has not been strong and steady while sales revenues have been waning. Faces resistance due to overhead supply up to the $35 level."
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PJT - NYSE - Finance-Investment Mgmt P J T Partners Inc Cl A	$73.96	-5.26 -6.64%	$77.67	$81.41	-9.15%	221,225 171.49%	129,000
Most Recent Note for PJT - 2/7/2023 1:38:41 PM Gapped down today and violated its 50 and 200 DMA lines with a big volume-driven loss. Reported earnings +11% on sales revenues -11% for the Dec '22 quarter versus the year ago period, below the +25% minimum earnings guideline (C criteria). Annual earnings history has been up and down leaving concerns with regard to the A criteria of the fact-based investment system.
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TFII - NYSE - Transportation-Truck TFI International Inc	$120.45	+4.17 3.59%	$122.44	$120.19	0.22%	329,389 165.52%	199,000
Most Recent Note for TFII - 2/7/2023 1:42:40 PM Hitting a new all-time high with today's volume-driven gain, so no resistance remains due to overhead supply. Reported Dec '22 quarterly earnings +10% on -9% sales revenues versus the year ago period, breaking a streak of 7 strong quarterly comparisons. Fundamental concerns remain. This Canada-based Transportation - Truck and logistics services firm had a downturn in FY '20 annual earnings. Went through a deep consolidation since noted with caution in the 2/09/22 mid-day report.
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UBFO - NASDAQ - Banks-West/Southwest United Security Bncsh Ca	$8.12	-0.20 -2.40%	$8.15	$8.74	-7.09%	19,028 90.61%	21,000
Most Recent Note for UBFO - 2/7/2023 1:44:32 PM Gapped down today. Reported earnings +55% on +41% sales revenues for the Dec '22 quarter, and prior quarterly comparisons were above the +25% minimum guideline (C criteria). This thinly traded Bank holding company's up and down annual earnings (A criteria) growth history is not a match with the fact-based investment system's fundamental guidelines.
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ULH - NASDAQ - Transportation-Truck Universal Logistics Hldg	$43.12	+3.70 9.39%	$45.00	$40.76	5.79%	111,670 189.27%	59,000
Most Recent Note for ULH - 2/7/2023 1:47:00 PM Gapped up and powered to a new all-time high with above average volume behind today's 6th consecutive gain. Faces no more resistance due to overhead supply. Due to report Dec '22 quarterly results on 2/09/23. Volume and volatility often increase near earnings news. The past 3 quarterly comparisons through Sep '22 showed very strong earnings increases well above the +25% minimum guideline (C criteria). There was a downturn in FY '20 earnings (A criteria).
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VIPS - NYSE - Retail-Internet Vipshop Holdings Ltd Ads	$14.55	-0.45 -3.00%	$15.16	$16.18	-10.07%	4,629,045 79.40%	5,830,000
Most Recent Note for VIPS - 2/7/2023 1:47:26 PM 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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