Mid-Day Breakouts Report - Tuesday, February 28th, 2023

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MIDDAY BREAKOUTS REPORT - TUESDAY, FEBRUARY 28TH, 2023
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DOW 32718.47 -170.62 (-0.52%) | NASDAQ 11474.18 7.2 (0.06%) | S&P 500 3978.85 -3.39 (-0.09%)

Time of Screening : 2/28/2023 12:18:18 PM Report Released : 2/28/2023 1:08:42 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

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
AAON - NASDAQ - Bldg-A/C & Heating Prds A A O N Inc	$93.00	+11.51 14.12%	$94.40	$83.08	11.94%	435,961 221.30%	197,000
Most Recent Note for AAON - 2/28/2023 12:20:54 PM Gapped up today hitting a new all-time high. Bullish action came after it reported earnings +294% on +87% sales revenues for the Dec '22 quarter versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth history has not been strong and steady.
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AGM - NYSE - FINANCIAL SERVICES - Credit Services Federal Agric Mtg Cl C	$142.53	+1.24 0.87%	$144.49	$143.87	-0.93%	44,433 74.06%	60,000
Most Recent Note for AGM - 2/28/2023 12:22:23 PM Hitting a new all-time high again with today's 3nd consecutive volume-driven gain. Reported earnings +22% on +147% sales revenues for the Dec '22 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings growth has been steady.
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AMK - NYSE - Finance-Investment Mgmt Assetmark Finl Hldgs Inc	$30.89	+0.11 0.34%	$31.34	$30.98	-0.31%	84,151 76.50%	110,000
Most Recent Note for AMK - 2/28/2023 12:23:58 PM Hitting another new 52-week high with today's 5th consecutive 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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AMWD - NASDAQ - MATERIALS & CONSTRUCTION - Lumber, Wood Production American Woodmark Corp	$51.68	-6.95 -11.85%	$57.42	$60.78	-14.98%	110,535 116.35%	95,000
Most Recent Note for AMWD - 2/28/2023 12:27:31 PM Down considerably today with above average volume, violating its 50 DMA line. Reported Jan '23 quarterly earnings +143% on +5% sales revenues versus the year ago period. Prior quarterly earnings increases have not been strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been sub par.
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ANSS - NASDAQ - Computer Sftwr-Design Ansys Inc	$305.95	+10.27 3.47%	$306.42	$333.83	-8.35%	310,808 68.01%	457,000
Most Recent Note for ANSS - 2/28/2023 12:28:53 PM Posting another volume-driven gain today. The 2/24/23 mid-day report cautioned members - "Reported earnings +10% on +6% sales revenues for the Dec '22 quarter versus the year ago period, and prior quarterly comparisons were below the +25%* minimum guideline (C criteria)."*
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AXON - NASDAQ - Security/Sfty Axon Enterprise Inc	$198.38	+3.41 1.75%	$199.30	$204.99	-3.22%	414,207 67.02%	618,000
Most Recent Note for AXON - 2/28/2023 12:30:28 PM Found prompt support after briefly undercutting its 50 DMA line ($183.62) on 2/07/23 and 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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AZO - NYSE - RETAIL - Auto Parts Stores Autozone Inc	$2,500.00	-72.25 -2.81%	$2,584.96	$2,610.05	-4.22%	100,012 68.04%	147,000
Most Recent Note for AZO - 2/28/2023 12:32:14 PM Hovering near its all-time high. Reported Feb '23 quarterly earnings +16% on +10% sales revenues versus the year ago period. Quarterly earnings have been below the minimum +25% guideline (C criteria). It has a strong and steady annual earnings (A criteria) growth history. Already owned by 2,365 top-rated mutual funds.
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BBVA - NYSE - BANKING - Foreign Regional Banks Banco Bilbao Viz Arg Adr	$7.78	+0.18 2.37%	$7.89	$7.62	2.10%	1,185,390 88.93%	1,333,000
Most Recent Note for BBVA - 2/28/2023 12:32:50 PM Fundamental concerns remain for this Spanish banking firm.
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BLDR - NASDAQ - Bldg-Constr Prds/Misc Builders Firstsource Inc	$85.17	+3.68 4.51%	$86.26	$85.40	-0.28%	1,478,605 90.55%	1,633,000
Most Recent Note for BLDR - 2/28/2023 12:35:42 PM Faces very little resistance due to overhead supply up to the $86 level. Fundamental concerns were raised after the Dec '22 quarter showed earnings +15% on -6% sales revenues versus the year ago period. Sequential quarterly comparisons showed deceleration in its sales revenues and earnings growth rate. Went through a deep pullback since dropped from the Featured Stocks list on 1/21/22.
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BLX - NYSE - BANKING - Foreign Regional Banks Banco Latinoamericano C	$18.69	+1.94 11.56%	$18.69	$17.51	6.72%	144,870 178.85%	81,000
Most Recent Note for BLX - 2/28/2023 12:38:21 PM Powering near its Oct '21 high with today's big volume-driven gain after consolidating above its 50 DMA line. Reported Dec '22 quarterly earnings +57% on +206% sales revenues versus the year ago period. Quarterly comparisons in Jun and Sep '22 also showed very strong sales revenues and earnings increases versus the year ago periods. Prior quarterly comparisons have not been strong and steady above the +25% minimum guideline. Up and down annual earnings (A criteria) history is a concern.
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BMRN - NASDAQ - DRUGS - Drug Manufacturers - Other Biomarin Pharmaceutical	$100.38	-2.87 -2.78%	$102.96	$117.77	-14.77%	1,102,302 77.90%	1,415,000
Most Recent Note for BMRN - 2/28/2023 12:39:53 PM Slumping well below its 50 DMA line in recent weeks. Reported strong Dec '22 quarterly earnings +800% on +20% sales revenues versus the year ago period, its 2nd strong quarter. Prior quarterly comparisons were sub par and fundamentals are not a match with the fact-based investment system's guidelines (C and A criteria). It was dropped from the Featured Stocks list on 8/19/20.
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CBZ - NYSE - Comml Svcs-Consulting C B I Z Inc	$50.89	-0.22 -0.42%	$51.85	$51.74	-1.65%	193,837 95.96%	202,000
Most Recent Note for CBZ - 2/28/2023 12:42:00 PM Pulling back today after hitting a new all-time high following 3 consecutive volume-driven gains. Reported a loss for the Dec '22 quarter on +22% sales revenues versus the year ago period. Fundamental concerns remain.
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COKE - NASDAQ - FOOD & BEVERAGE - Beverages - Soft Drinks Coca Cola Btlg Consol	$565.53	-13.83 -2.39%	$579.85	$656.11	-13.81%	34,479 90.73%	38,000
Most Recent Note for COKE - 2/28/2023 12:44:40 PM Reported Dec '22 quarterly earnings +101% on +12% sales revenues versus the year ago period, continuing its strong earnings track record. Faces resistance due to overhead supply up to the $656 level. Went through a deep consolidation since dropped from the Featured Stocks list when last noted on 6/16/22. Abruptly stalled and encountered distributional pressure after hitting a new high.
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FOCS - NASDAQ - Finance-Investment Mgmt Focus Financial Partners	$51.82	+0.07 0.14%	$51.85	$52.62	-1.52%	1,545,571 197.64%	782,000
Most Recent Note for FOCS - 2/28/2023 12:45:01 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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GRBK - NASDAQ - Real Estate Dvlpmt/Ops Green Brick Partners Inc	$31.30	+0.72 2.35%	$33.25	$34.22	-8.53%	336,624 110.37%	305,000
Most Recent Note for GRBK - 2/28/2023 12:47:50 PM Rallying back toward its 52-week high with today's gap up and considerable volume-driven gain. Faces little resistance due to overhead supply up to the $32 level. Reported Dec '22 quarterly earnings -5% on -5% sales revenues versus the year ago period, breaking a streak of 10 strong quarterly comparisons above the +25% minimum guideline (C criteria). Strong annual earnings history (A criteria) included a slight downturn in FY '18. The Building - Residential/Commercial industry group is currently ranked 32nd on the 197 Industry Groups list, a reassuring sign concerning the L criteria. Completed a Secondary Offering on 1/27/21.
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HEI - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services Heico Corp	$167.96	-6.71 -3.84%	$173.95	$177.55	-5.40%	561,079 158.95%	353,000
Most Recent Note for HEI - 2/28/2023 12:49:29 PM Down today with heavy volume testing its 50 DMA line ($164.85). Reported Jan '23 quarterly earnings +26% on +27% sales revenues versus the year ago period. Prior quarterly comparisons versus the year ago periods have not been strong and steady above the +25% minimum earnings guideline (C criteria) of the fact-based investment system.
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HTBI - NASDAQ - BANKING - Regional - Southeast Banks Hometrust Bancshares Inc	$29.40	+0.88 3.09%	$30.09	$31.11	-5.50%	35,657 69.92%	51,000
Most Recent Note for HTBI - 2/28/2023 12:51:20 PM Consolidating only -5.1% off its 52-week high. Reported Dec '22 earnings +32% on +29% sales revenues versus the year ago period. Prior quarterly comparisons were below the year ago periods and well below the +25% minimum earnings guideline (C criteria). Annual earnings history has been up and down.
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IBEX - NASDAQ - Computer- Tech Services Ibex Ltd	$27.33	-0.28 -1.01%	$28.03	$31.40	-12.96%	56,271 68.62%	82,000
Most Recent Note for IBEX - 2/28/2023 12:52:56 PM Pulled back from its all-time high last week and held its ground near its 50 DMA line ($26.39). No resistance remains due to overhead supply. Bermuda-based technology firm reported Dec '22 quarterly earnings +130% on +5% sales revenues versus the year ago period, its 4th quarterly comparison with earnings up more than +25% (C criteria) versus the year ago periods. Annual earnings history has been strong since its $19 IPO on 8/07/20.
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LYG - NYSE - BANKING - Foreign Regional Banks Lloyds Banking Group Adr	$2.54	+0.05 2.01%	$2.56	$2.64	-3.79%	5,973,095 83.19%	7,180,000
Most Recent Note for LYG - 2/28/2023 12:53:18 PM Noted with caution repeatedly in prior mid-day reports - "UK - based Financial firm has an erratic earnings history."
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LYTS - NASDAQ - Bldg-Constr Prds/Misc L S I Industries Inc	$14.86	-0.46 -2.99%	$15.37	$15.35	-3.18%	190,561 85.07%	224,000
Most Recent Note for LYTS - 2/28/2023 12:54:30 PM It has not formed any sound looking base and is perched at its 52-week high today following a volume-driven gain. Rallied steadily from a low of $6.55 on 10/25/22. Recent quarterly comparisons through Dec '22 versus the year ago period showed strong earnings increases versus the year ago periods above the +25% minimum guideline (C criteria) but sequential comparisons show a worrisome deceleration in its sales revenues growth rate. Annual earnings history has been strong after a downturn in FY '19.
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MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$17.81	+0.83 4.89%	$18.44	$17.58	1.31%	1,786,123 162.37%	1,100,000
Most Recent Note for MNSO - 2/28/2023 12:55:59 PM Perched at its 52-week high with today's 5th consecutive volume-driven gain but it still faces resistance due to overhead supply. Due to report Dec '22 quartery results. 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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NBN - NASDAQ - BANKING - Regional - Northeast Banks Northeast Bancorp	$44.37	+0.17 0.38%	$44.88	$48.50	-8.52%	17,604 88.02%	20,000
Most Recent Note for NBN - 2/28/2023 12:57:25 PM Consolidating near its 50 DMA line again after challenging its all-time high when last noted with caution in the 2/06/23 mid-day report - "Reported Dec '22 quarterly earnings +8% on +45% sales revenues versus the year ago period annd prior quarterly comparisons were sub par."
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NGVT - NYSE - Chemicals-Specialty Ingevity Corporation	$81.34	-6.47 -7.37%	$84.44	$90.81	-10.43%	383,808 197.84%	194,000
Most Recent Note for NGVT - 2/28/2023 12:58:49 PM Gapped down today for a big volume-driven loss, retreating from near its 52-week high. Reported Dec '22 quarterly earnings -27% on +14% sales revenues versus the yearago period. Prior quarterly earnings increases have not been strong and steady above the +25% minimum guideline (C criteria).
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PANL - NASDAQ - Transportation-Ship Pangaea Logistics Solutions	$6.66	+0.08 1.22%	$6.75	$7.05	-5.53%	144,694 78.21%	185,000
Most Recent Note for PANL - 2/28/2023 1:03:18 PM Recent volume-driven gains have it perched within striking distance of its 52-week high. Reported Sep '22 quarterly earnings +8% on -13% sales revenues versus the year ago period, breaking a streak of very strong comparisons. Fundamental concerns remain due to its up and down annual earnings (A criteria) history.
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PRI - NYSE - Insurance-Life Primerica Inc	$193.35	+8.11 4.38%	$193.51	$187.30	3.23%	112,400 83.88%	134,000
Most Recent Note for PRI - 2/28/2023 1:04:38 PM Hitting another new all-time high with today's 4th consecutive big volume-driven gain. This huge Insurance - Life firm is a component of the Dow Jones Industrial Average. Reported earnings +19% on -5% sales revenues for the Dec '22 quarter. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria). and sub par sales revenues growth remains a concern.
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PRIM - NASDAQ - DIVERSIFIED SERVICES - Technical Services Primoris Services Corp	$27.47	+1.51 5.80%	$27.72	$27.94	-1.70%	213,050 89.14%	239,000
Most Recent Note for PRIM - 2/28/2023 1:06:42 PM Reported Dec '22 quarterly earnings +48% on +50% sales revenues versus the year ago period but fundamental concerns remain. Went through a deep consolidation since noted with caution in the 3/17/21 mid-day report when it completed a new Public Offering - "Prior quarterly and annual earnings (C and A criteria) history is not a great match with the fact-based investment system's guidelines. The Building - Heavy Construction firm is one of the largest specialty contractors and engineering companies in the Western United States primarily serving the growing power and energy sectors."
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RS - NYSE - MANUFACTURING - Metal Fabrication Reliance Steel & Aluminm	$247.68	+2.82 1.15%	$250.09	$250.97	-1.31%	338,187 81.69%	414,000
Most Recent Note for RS - 2/28/2023 1:08:15 PM Perched at its all-time high, extended from any sound base. Reported Dec '22 quarterly earnings -14% on -9% sales revenues versus the year ago period. Prior quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines (C and A criteria).
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VVX - NYSE - Bldg-Maintenance & Svc V2X Inc	$47.88	+0.33 0.69%	$48.56	$49.23	-2.74%	35,681 68.62%	52,000
Most Recent Note for VVX - 2/28/2023 1:08:36 PM Faces resistance due to overhead supply up to the $60 level. Quarterly earnings through the Sep '22 period were below the +25% minimum earnings guideline (C criteria).
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