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 MIDDAY BREAKOUTS REPORT - TUESDAY, FEBRUARY 8TH, 2022
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DOW 35386.82 295.69 (0.84%) | NASDAQ 14133.58 117.92 (0.84%) | S&P 500 4510.73 26.86 (0.60%)
Time of Screening : 2/8/2022 12:34:23 PM         Report Released : 2/8/2022 1:14:49 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 70% 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
Max Buy
SF - NYSE
Stifel Financial Corp
$79.80 +2.43
3.14%
$79.96 427,855
76.54% of 50 DAV
50 DAV is 559,000
$78.60
1.53%
1/27/2022 $74.17 PP = $76.23
MB = $80.04
Most Recent Note - 2/8/2022 1:00:08 PM
Y - Hitting a new 52-week high and trading above its "max buy" level with today's gain backed by above average volume, getting extended from the previously noted "double bottom" base. Prior highs in the $76-78 area define initial support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 1/27/2022. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
TGH - NYSE
Textainer Group Holdings
$40.41 +2.19
5.73%
$40.77 566,440
163.24% of 50 DAV
50 DAV is 347,000
$41.24
-2.01%
1/31/2022 $36.68 PP = $41.34
MB = $43.41
Most Recent Note - 2/8/2022 1:12:20 PM
Y - Due to report Dec '21 quarterly results on 2/10/22. Volume and volatility often increase near earnings news. Challenging its 52-week high and rising near its pivot point with today's big volume-driven gain after a consolidation above support at its 50 DMA line ($36.19). Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a technical buy signal. Highlighted in yellow with pivot point cited based on its 11/05/21 high plus 10 cents in the 1/31/22 mid-day report.
>>> The latest Featured Stock Update with an annotated graph appeared on 1/31/2022. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
ABC - NYSE - Medical-Whlsle Drg/Suppl
Amerisourcebergen Corp
$140.90 +1.49
1.07%
$140.90 $140.24 0.47% 1,027,505
98.80%
1,040,000
Most Recent Note for ABC - 2/8/2022 12:35:53 PM
Reported earnings +18% on +14% sales revenues for the Dec '21 quarter versus the year ago period. Prior earnings were not strong and steady above the +25% minimum (C criteria). Its annual earnings (A criteria) growth has been slow and steady.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
Axcelis Technologies Inc
$66.06 +2.82
4.45%
$66.24 $77.60 -14.88% 550,066
123.06%
447,000
Most Recent Note for ACLS - 2/8/2022 12:38:10 PM
It has not formed a sound base but is rebounding above its 50 DMA line ($65.86) with today's volume-driven gain. Reported Dec '21 quarterly earnings +144% on +68% sales revenues versus the year ago period, its 8th strong quarterly comparison. Up and down annual earnings (A criteria) history is not a good match with the fundamental guidelines of the fact-based investment system.
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AMPH - NASDAQ - Medical-Biomed/Biotech
Amphastar Pharmaceuticals
$25.68 -0.60
-2.26%
$27.28 $26.74 -3.98% 254,425
96.37%
264,000
Most Recent Note for AMPH - 2/8/2022 12:39:27 PM
Reversed into the red after hitting another new all-time high today following a volume-driven gain. Found prompt support after testing its 50 DMA line ($23.28). Prior mid-day reports noted - "Up and down annual earnings history (A criteria) leaves fundamental concerns."

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BHP - NYSE - METALS & MINING - Industrial Metals & Minerals
B H P Billiton Ltd Adr
$68.60 +0.15
0.22%
$69.37 $77.04 -10.96% 6,727,555
137.10%
4,907,000
Most Recent Note for BHP - 2/8/2022 12:39:50 PM
Huge Australian Mining - Metal Ores firm has been rebounding toward multi-year highs after a deep consolidation since noted in the 3/09/21 mid-day report with caution - "Erratic earnings history remains a concern."
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CNHI - NYSE - Machinery-Constr/Mining
C N H Industrial Nv
$15.21 +0.36
2.39%
$15.31 $17.13 -11.24% 5,709,010
105.74%
5,399,000
Most Recent Note for CNHI - 2/8/2022 12:41:06 PM
Reported Dec '21 quarterly earnings -17% versus the year ago period. Pulled back from its 52-week high and finding support near its 200 DMA line in recent weeks. Prior mid-day reports cautioned members - "Recent quarterly comparisons through Sep '21 showed strong sales revenues and earnings increases over the year ago periods. Big downturn in FY '20 annual earnings (A criteria) is a flaw with regard to the strict fundamental guidelines of the fact-based investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FFWM - NASDAQ - Banks-West/Southwest
First Foundation Inc
$27.03 +0.60
2.27%
$27.13 $29.41 -8.09% 160,184
77.38%
207,000
Most Recent Note for FFWM - 2/8/2022 12:41:42 PM
Found support near its 200 DMA line ($25) while recently consolidating after hitting a new all-time high. Reported earnings +2% on +13% sales revenues for the Dec '21 quarter versus the year ago period, its 2nd quarterly earnings comparison below the +25% minimum earnings guideline (C criteria). Sub par sales revenues growth has also been noted as a cause concern.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
KFRC - NASDAQ - Comml Svcs-Staffing
Kforce Inc
$73.66 +5.57
8.18%
$74.14 $81.47 -9.59% 82,882
71.45%
116,000
Most Recent Note for KFRC - 2/8/2022 12:44:39 PM
Rebounding above its 50 DMA line ($72.30) with today's volume-driven gain helping its technical stance improve. Found support above its 200 DMA line after dropped from the Featured Stocks list on 1/20/22. Reported Dec '21 quarterly earnings +14% on +16% sales revenues versus the year ago period, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria), further raising fundamental concerns.
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LPLA - NASDAQ - Finance-Invest Bnk/Bkrs
L P L Financial Holdings
$186.96 +7.08
3.94%
$187.70 $184.55 1.31% 379,969
74.07%
513,000
Most Recent Note for LPLA - 2/8/2022 12:45:32 PM
Hitting yet another new all-time high with today's gain marked by above average volume. Found support at its 200 DMA line. Reported earnings +7% on +32% sales revenues for the quarter ended Dec 31, 2021 versus the year ago period. Prior quarterly comparison were not strong and steady 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.
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ON - NASDAQ - Elec-Semiconductor Mfg
O N Semiconductor Corp
$65.87 +3.61
5.80%
$66.09 $71.26 -7.56% 5,264,241
72.92%
7,219,000
Most Recent Note for ON - 2/8/2022 12:48:12 PM
Has not formed a sound base, but rebounding above its 50 DMA line ($62.83) toward its all-time high with today's 3rd consecutive volume-driven gain. Bullish action came after it reported Dec '21 quarterly earnings +211% on +28% sales revenues versus the year ago period, marking its 4th strong quarterly comparison above the +25% minimum earnings guideline (C criteria). Prior mid-day reports noted - "Annual earnings (A criteria) history has been up and down, not strong and steady."
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PFG - NYSE - INSURANCE - Accident & Health Insurance
Principal Finl Group Inc
$76.33 +1.39
1.85%
$76.83 $77.68 -1.74% 1,154,666
74.49%
1,550,000
Most Recent Note for PFG - 2/8/2022 12:51:47 PM
Reported earnings +25% on +9% sales revenues for the Dec '21 quarter but fundamental concerns remain. Found support above its 200 DMA line during its ongoing ascent. Prior mid-day reports noted - "Earnings and sales revenues growth history is not a match with the fact-based investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RIO - NYSE - METALS & MINING - Steel & Iron
Rio Tinto Plc Adr
$77.66 +1.02
1.33%
$77.66 $89.73 -13.45% 3,008,442
72.42%
4,154,000
Most Recent Note for RIO - 2/8/2022 12:56:18 PM
Faces resistance due to overhead supply up to the $89 level. The UK-based Mining - Metal Ores firm reported earnings +156% on +71% sales revenues for the Mar and Jun '21 quarters versus the year ago periods. Due to report earnings 2/23/22. Annual earnings (A criteria) history has been strong.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SBLK - NASDAQ - TRANSPORTATION - Shipping
Star Bulk Carriers Corp
$25.26 +0.31
1.24%
$25.88 $25.72 -1.79% 1,532,126
73.03%
2,098,000
Most Recent Note for SBLK - 2/8/2022 12:57:12 PM
Found support near its 200 DMA line in recent weeks and hitting another new 52-week high with today's volume-driven gain. Recent 3 quarterly comparisons through Sep '21 showed strong improvement over the year ago periods, but its annual earnings history (A criteria) has been erratic.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SNV - NYSE - BANKING - Regional - Mid-Atlantic Banks
Synovus Financial Corp
$52.54 +1.43
2.80%
$53.23 $53.85 -2.43% 714,832
72.21%
990,000
Most Recent Note for SNV - 2/8/2022 1:01:44 PM
Found support when consolidating at its 50 DMA line ($48.89). Reported earnings +25% on -2% sales revenues for the Dec '21 quarter versus the year ago period. Prior history is not a match with the fact-based investment system's fundamental guidelines.
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STRL - NASDAQ - MATERIALS &; CONSTRUCTION - Heavy Construction
Sterling Construction Co
$29.63 +2.12
7.71%
$30.09 $29.67 -0.13% 145,284
82.08%
177,000
Most Recent Note for STRL - 2/8/2022 1:06:38 PM
Found support at its 200 DMA line ($24) and it is powering to a new 52-week high with today's big volume-driven gain. Noted in prior mid-day reports - "Reported Sep '21 quarterly earnings +31% on +21% sales revenues versus the year ago period. Prior quarterly comparisons showed a sub par sales revenues and earnings growth rate. After years of losses it has shown improving annual earnings (A criteria) since FY '17."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
STXB - NASDAQ - Banks-West/Southwest
Spirit of Texas Bancshares Inc
$29.05 +0.99
3.53%
$29.21 $31.75 -8.50% 133,752
151.99%
88,000
Most Recent Note for STXB - 2/8/2022 1:08:31 PM
This thinly-traded bank reported 11/19/21 M&A news. Consolidating near its 50 DMA line. The Dec '21 quarterly comparison showed -24% earnings on -17% sales revenues versus the year ago period. Last noted with caution in the 1/07/22 mid-day report - "Waning sales revenues growth is a concern. Prior quarterly earnings increases were above the +25% minimum guideline (C criteria)."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
THC - NYSE - HEALTH SERVICES - Hospitals
Tenet Healthcare Corp
$74.00 +4.00
5.71%
$74.82 $83.69 -11.58% 1,815,033
182.60%
994,000
Most Recent Note for THC - 2/8/2022 1:14:01 PM
Still hovering near multi-year highs, again finding support at its 200 DMA line ($71) today. Reported Dec '21 quarterly earnings -43% on -1% sales revenues versus the year ago period. Fundamental concerns remain based on the guidelines of the fact-based investment system.
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TSN - NYSE - FOOD & BEVERAGE - Meat Products
Tyson Foods Inc Cl A
$97.74 -1.36
-1.37%
$100.72 $99.53 -1.80% 2,200,338
97.15%
2,265,000
Most Recent Note for TSN - 2/8/2022 1:14:41 PM
Gapped up on the prior session hitting a new all-time high with a considerable volume-driven gain. Reported +48% earnings on +24% sales revenues for the Dec '21 quarter, its 6th quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings history (A criteria) is not a match with the fact-based investment system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. We are not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

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