Mid-Day Breakouts Report - Thursday, February 23rd, 2023

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MIDDAY BREAKOUTS REPORT - THURSDAY, FEBRUARY 23RD, 2023
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DOW 32829.38 -215.71 (-0.65%) | NASDAQ 11442.32 -64.75 (-0.56%) | S&P 500 3971.54 -19.51 (-0.49%)

Time of Screening : 2/23/2023 12:15:09 PM Report Released : 2/23/2023 1:46:44 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
FIX - NYSE Comfort Systems U S A	$136.52	+12.62 10.18%	$140.05	147,938 78.27% of 50 DAV 50 DAV is 189,000	$128.68 6.09%	2/23/2023	$136.52	PP = $128.78 MB = $135.22
Most Recent Note - 2/23/2023 1:05:40 PM Y - Color code is changed to yellow with pivot point cited based on its 11/23/22 high plus 10 cents. Hitting a new 52-week high today with a volume-drive gain following an orderly 3-month base. Bullish action came after it reported earnings +48% on +31% sales revenues for the Dec '22 quarter versus the year ago period, its 4th strong quarter above the +25% minimum guideline (C criteria). Annual earning history has been 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
ACGL - NASDAQ - INSURANCE - Property & Casualty Insurance Arch Capital Group Ltd	$67.89	-0.05 -0.07%	$68.91	$68.28	-0.57%	1,420,616 77.63%	1,830,000
Most Recent Note for ACGL - 2/23/2023 12:18:34 PM Hovering at its 52-week high following volume-driven gains. Reported earnings +69% on +33% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons had sub par sales revenues and earnings growth. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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AMK - NYSE - Finance-Investment Mgmt Assetmark Finl Hldgs Inc	$29.98	+3.22 12.01%	$30.72	$27.87	7.55%	192,670 216.48%	89,000
Most Recent Note for AMK - 2/23/2023 12:20:48 PM Hitting a new 52-week high with today's big volume-driven gain. Quarterly comparisons through Dec '22 have not been strong and steady above the +25% minimum guideline (C criteria), only 2 of the past 4 comparisons were above +25%. Annual earnings history has been strong and steady.
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ARHS - NASDAQ - RETAIL - Home Furnishing Stores Arhaus Inc	$14.11	+0.40 2.92%	$14.34	$15.27	-7.60%	617,212 69.35%	890,000
Most Recent Note for ARHS - 2/23/2023 12:53:14 PM There was a "negative reversal" last week after hitting a new 52-week high. Prior mid-day reports noted - "Three of the past 4 quarterly comparisons through Sep '22 were above the +25% minimum earnings guideline (C criteria). Limited history remains a concerns since its $13 IPO on 11/04/21."
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BSMX - NYSE - Banks-Foreign Banco Santander Mexico	$6.55	-0.05 -0.76%	$6.67	$6.71	-2.38%	1,540,462 1,000.30%	154,000
Most Recent Note for BSMX - 2/23/2023 12:55:08 PM Reported Dec '22 quarterly earnings +26% on +50% sales revenues versus the year ago period. Hovering near its 52-week high and finding support near its 50 DMA line on pullbacks since noted in the 12/12/22 mid-day report - "Mar, Jun, and Sep '22 quarterly results showed strong earnings increases with sales revenues growth showing acceleration. Annual earnings history has not been strong and steady."
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CHDN - NASDAQ - LEISURE - Gaming Activities Churchill Downs Inc	$243.93	+1.24 0.51%	$245.61	$253.29	-3.70%	253,321 149.01%	170,000
Most Recent Note for CHDN - 2/23/2023 12:56:40 PM Reported Dec '22 earnings +15% on +32% sales revenues versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) had a big downturn in FY '20. Dropped from the Featured Stocks list on 2/28/20.
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CNHI - NYSE - Machinery-Constr/Mining C N H Industrial Nv	$16.65	+0.24 1.43%	$16.87	$17.98	-7.42%	2,897,054 66.69%	4,344,000
Most Recent Note for CNHI - 2/23/2023 12:57:41 PM Pulled back from its 52-week high with big volume-driven losses noted, and it has been hovering near its 50 DMA line. Reported Dec '22 quarterly earnings +16% on +27% sales revenues versus the year ago period and prior quarters were sub par. 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.
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CRH - NYSE - Bldg-Cement/Concrt/Ag C R H Plc Adr	$46.48	+0.14 0.30%	$46.99	$49.42	-5.95%	1,133,708 193.80%	585,000
Most Recent Note for CRH - 2/23/2023 12:58:35 PM Fundamental concerns remain. Consolidating in recent weeks. It has been rebounding toward its all-time high after a deep consolidation since noted with caution in the 2/02/22 mid-day report. Irish Building - Cement firm has an erratic earnings (C and A criteria) history.
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EME - NYSE - MATERIALS & CONSTRUCTION - General Contractors Emcor Group Inc	$159.92	+13.38 9.13%	$165.82	$156.67	2.07%	237,678 87.38%	272,000
Most Recent Note for EME - 2/23/2023 1:01:19 PM Gapped up today and powered to a new all-time high with a big gain. Bullish action came after it reported earnings +39% on +12% sales revenues for the Dec '22 quarter versus the year ago period, but fundamental concerns remain. Prior quarterly earnings (C criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$34.47	+0.84 2.50%	$34.62	$38.24	-9.86%	315,942 65.01%	486,000
Most Recent Note for FLNG - 2/23/2023 1:07:50 PM Encountering distributional pressure while recently consolidating above its 50 and 200 DMA lines and perched -10% off its 52-week high. Reported Dec '22 quarterly earnings -22% on -15% sales revenues versus the year ago period. Prior quarterly comparisons have not shown strong and steady earnings increases above the +25% minimum guideline (C criteria). The big downturn in FY '20 annual earnings (A criteria) was previously noted as a fundamental flaw with respect to the strict guidelines of the fact-based investment system.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$49.36	-0.18 -0.36%	$49.90	$53.20	-7.22%	382,988 71.59%	535,000
Most Recent Note for FOCS - 2/23/2023 1:09:06 PM Held its ground since a gap up on 2/02/23 on M&A news. Reported Dec '22 qaurterly earnings -10% on +5% sales revenues versus the year ago period. Noted in prior mid-day reports - "Faces resistance due to overhead supply up to the $69 level. The Jun and Sep '22 quarterly earnings increases were below the +25% minimum guideline (C criteria) versus the year ago periods."
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GPC - NYSE - WHOLESALE - Auto Parts Wholesale Genuine Parts Co	$177.92	+4.01 2.31%	$180.75	$187.73	-5.23%	625,824 68.32%	916,000
Most Recent Note for GPC - 2/23/2023 1:12:20 PM Consolidating above its 50 DMA line ($172) and perched within striking distance of its all-time high. Reported Dec '22 quarterly earnings +15% on +15% sales revenues. Fundamentals are not a match with the C and A criteria.
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KAI - NYSE - Machinery-Gen Industrial Kadant Inc	$211.45	-2.80 -1.31%	$216.00	$219.97	-3.87%	43,298 66.61%	65,000
Most Recent Note for KAI - 2/23/2023 1:13:49 PM Rebounding after a deep consolidation since noted with caution in the 11/03/21 mid-day report. Reported earnings +1% on +6% sales revenues for the Dec '22 quarter versus the year ago period, its 3rd 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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LYG - NYSE - BANKING - Foreign Regional Banks Lloyds Banking Group Adr	$2.47	+0.03 1.23%	$2.51	$2.83	-12.72%	6,435,885 92.79%	6,936,000
Most Recent Note for LYG - 2/23/2023 1:19:25 PM Noted with caution repeatedly in prior mid-day reports - "UK - based Financial firm has an erratic earnings history."
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LZB - NYSE - CONSUMER DURABLES - Home Furnishings & Fixtures La-Z-Boy Inc	$32.44	+0.81 2.56%	$32.99	$32.74	-0.92%	264,423 79.89%	331,000
Most Recent Note for LZB - 2/23/2023 1:23:31 PM Gapped up on the prior session. Faces resistance due to overhead supply up to the $46 level. Reported earnings +40% on +0% sales revenues for the Jan '23 quarter versus the year ago period. Prior quarterly earnings increases were near or above the +25% minimum guideline (C criteria), however, sequential quarterly comparisons show worrisome deceleration in its sales revenues growth rate from +32% Apr '22, +15% Jul '22, +6% Oct '22, to +0% Jan '23.
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MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$16.30	+0.22 1.37%	$16.74	$17.50	-6.86%	684,428 66.84%	1,024,000
Most Recent Note for MNSO - 2/23/2023 1:24:44 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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ON - NASDAQ - Elec-Semiconductor Mfg O N Semiconductor Corp	$76.36	-2.20 -2.80%	$79.91	$87.55	-12.78%	5,291,571 80.84%	6,546,000
Most Recent Note for ON - 2/23/2023 1:26:53 PM Pulling back from its 52-week high with today's 6th consecutive loss. Reported Dec '22 quarterly earnings +21% on +14% sales revenues versus the year ago period, breaking a streak of 7 strong quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been up and down, not strong and steady.
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OTTR - NASDAQ - UTILITIES - Electric Utilities Otter Tail Corp	$70.78	-1.22 -1.69%	$72.19	$82.46	-14.16%	485,721 123.59%	393,000
Most Recent Note for OTTR - 2/23/2023 1:27:21 PM Rebounding toward its 52-week high with recently noted volume-driven gains. Faces some resistance due to overhead supply up to the $82 level. Reported Dec '22 quarterly earnings -19% on -10% sales revenues versus the year ago period, breaking a streak of quarterly comparisons well above the +25% minimum earnings guideline (C criteria). Annual earnings history has been steady.
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PANW - NYSE - Computer Sftwr-Security Palo Alto Networks	$183.46	-4.29 -2.28%	$188.80	$213.61	-14.11%	4,558,312 102.62%	4,442,000
Most Recent Note for PANW - 2/23/2023 1:31:03 PM Gapped up on the prior session for a considerable volume-driven gain. Faces resistance due to overhead supply up to the $213 level. Share price was impacted by a 3:1 split on 9/14/22. Reported Jan '23 quarterly earnings +81% on +26% sales revenues versus the year ago period, and prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria).
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PRMW - NASDAQ - Beverages-Non-Alcoholic Primo Water Corp	$15.70	-0.60 -3.68%	$16.19	$16.47	-4.68%	816,064 107.80%	757,000
Most Recent Note for PRMW - 2/23/2023 1:32:10 PM Reported earnings +45% on +3% sales revenues for the Dec '22 quarter versus the year ago period but fundamental concerns remain. Noted with caution in prior mid-day reports - "Quarterly and annual earnings (C and A criteria) history has been erratic and not a match with the fact-based investment system's fundamental guidelines. Completed a new Public Offering on 5/18/18."
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PWR - NYSE - MATERIALS & CONSTRUCTION - General Contractors Quanta Services Inc	$161.98	+13.58 9.15%	$168.75	$158.55	2.16%	1,407,273 154.99%	908,000
Most Recent Note for PWR - 2/23/2023 1:34:44 PM Gapped up today hitting a new all-time high after testing support at its 50 DMA line. Reported Dec '22 quarterly earnings +9% on +13% sales revenues versus the year ago period, its 2nd comparison below the +25% minimum earnings guideline, leaving fundamental concerns. It made gradual progress since dropped from the Featured Stocks list on 9/23/22.
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PWSC - NYSE - Consumer Svcs-Education PowerSchool Cl A	$22.87	-0.52 -2.22%	$25.00	$26.05	-12.21%	464,416 100.09%	464,000
Most Recent Note for PWSC - 2/23/2023 1:36:48 PM Reported strong earnings increases above the +25% minimum guideline (C criteria) in the past 3 quarterly comparisons through Dec '22. Lackluster sales revenues growth and limited history is a concern since its $18 IPO on 7/28/21. Faces resistance due to overhead supply up to the $36 level.
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RBA - NYSE - DIVERSIFIED SERVICES - Business/Management Services Ritchie Bros Auctioneers	$61.88	+0.73 1.19%	$62.27	$72.73	-14.92%	1,480,657 91.29%	1,622,000
Most Recent Note for RBA - 2/23/2023 1:39:03 PM Slumped below its 200 DMA line ($62) with recent losses. Reported Dec '22 earnings +36% on +24% sales revenues versus the year ago period. Prior 2 quarterly comparisons showed earnings below the +25% minimum guideline (C criteria) and not a match with the fact-based investment system's fundamental guidelines.
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ROCK - NASDAQ - METALS & MINING - Steel & Iron Gibraltar Industries Inc	$52.10	-0.90 -1.70%	$53.30	$57.54	-9.45%	110,460 76.18%	145,000
Most Recent Note for ROCK - 2/23/2023 1:39:25 PM Reported Dec '22 quarterly earnings +29% on -6% sales revenues versus the year ago period. Sub par sales revenues growth leaves fundamental concerns while the prior 6 quarterly comparisons also showed earnings increases below the +25% minimum guideline (C criteria). Annual earnings growth has been strong and steady in recent years (A criteria).
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STN - NYSE - Comml Svcs-Consulting Stantec Inc	$57.12	+4.74 9.05%	$61.61	$53.80	6.17%	140,367 275.23%	51,000
Most Recent Note for STN - 2/23/2023 1:42:08 PM Gapped up today powering to new multi-year highs with a considerable volume-driven gain. Fundamental concerns remain. Only 2 of the past 4 quarterly comparisons through Dec '22 showed earnings increases above the fact-based investment system's +25% minimum guidelines (C criteria).
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VIPS - NYSE - Retail-Internet Vipshop Holdings Ltd Ads	$13.92	+0.35 2.58%	$14.96	$16.18	-13.97%	4,256,270 82.04%	5,188,000
Most Recent Note for VIPS - 2/23/2023 1:45:04 PM Reported earnings +26% on -14% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons did not show strong and steady earnings increases above the +25% minimum guideline (C criteria) and waning sales revenues remains a concern, fundamentally. Went through a deep pullback from its $46 all-time high in Mar '21 following 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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WING - NASDAQ - Retail-Restaurants Wingstop Inc	$174.32	-4.69 -2.62%	$179.93	$193.74	-10.03%	392,187 65.26%	601,000
Most Recent Note for WING - 2/23/2023 1:46:33 PM Encountering distributional pressure this week after reaching its Sep '21 high. Reported Dec '22 quarterly earnings +150% on +46% sales revenues versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings growth has been strong after a downturn in FY '19.
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