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 MIDDAY BREAKOUTS REPORT - MONDAY, MARCH 5TH, 2012
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DOW 12921.53 -56.04 (-0.43%) | NASDAQ 2945.66 -30.53 (-1.03%) | S&P 500 1360.93 -8.7 (-0.64%)
Time of Screening : 3/5/2012 12:15:04 PM         Report Released : 3/5/2012 1:15:48 PM
Price is: Above 52W High and Less Than 52W High but within 8% 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
Max Buy
ECHO - NASDAQ
Echo Global Logistics
$17.90 -0.82
-4.38%
$18.44 154,066
220.72% of 50 DAV
50 DAV is 69,800
$19.38
-7.64%
2/22/2012 $18.50 PP = $18.63
MB = $19.56
Most Recent Note - 3/5/2012 12:37:13 PM
Y - Gapped down again today for a damaging volume-driven loss, its 2nd gap down in the span of 4 sessions. Gaps down are considered signs of distributional pressure while no overhead supply remained to act as resistance, and it has slumped below its pivot point, raising concerns.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/23/2012. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
MKTX - NASDAQ
Marketaxess Holdings Inc
$34.47 +0.17
0.50%
$34.78 326,057
132.92% of 50 DAV
50 DAV is 245,300
$35.42
-2.68%
10/28/2011 $29.79 PP = $31.05
MB = $32.60
Most Recent Note - 3/5/2012 1:03:38 PM
G - Churning high volume today without making price progress, a sign of distributional pressure while perched near its all-time high with no resistance remaining. It completed a Secondary Offering on 2/22/12 and found prompt support near its 50 DMA line during its 4-week consolidation.
>>> The latest Featured Stock Update with an annotated graph appeared on 1/24/2012. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
ULTA - NASDAQ
Ulta Salon Cosm & Frag
$86.41 +1.26
1.48%
$87.93 585,767
81.22% of 50 DAV
50 DAV is 721,200
$87.93
-1.73%
1/11/2012 $71.97 PP = $75.80
MB = $79.59
Most Recent Note - 3/5/2012 1:10:37 PM
G - Small gap up gain today for another new all-time high, getting more extended from any sound base pattern. Prior highs near $75 define initial chart support above its 50 DMA line.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/28/2012. 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
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers
Apple Inc
$538.88 -6.30
-1.16%
$547.48 $548.21 -1.70% 16,242,489
106.71%
15,220,900
Most Recent Note for AAPL - 3/5/2012 12:18:24 PM
After 7 consecutive gains it is perched at its all-time high. This well-known tech leader is very extended from any sound base pattern, making it a risky candidate now. Prior notes acknowledged the considerable rally since the previously noted "breakaway gap" on 1/25/12 from an advanced "3-weeks tight" base pattern. Members may use the "View All Notes" link to review the prior notes and any detailed analysis with annotated graphs previously published for any stock.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ASR - NYSE - TRANSPORTATION - Air Services, Other
Grupo Aeroportuario Adr
$72.38 +2.14
3.05%
$72.73 $72.73 -0.48% 39,604
87.43%
45,300
Most Recent Note for ASR - 3/5/2012 12:19:21 PM
Hitting another new 52-week high today. It has tallied 11 consecutive weekly gains. Prior mid-day reports noted - "Earnings and sales growth has not been strong and steady in past quarterly comparisons, and its up and down annual earnings history (A criteria) is below the investment system's guidelines."
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BEAV - NASDAQ - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
B/E Aerospace Inc
$46.31 -0.10
-0.22%
$46.65 $47.18 -1.84% 666,919
85.54%
779,700
Most Recent Note for BEAV - 3/5/2012 12:21:05 PM
Holding its ground stubbornly near its 52-week high while enduring mild distributional pressure. Reported +43% earnings on +21% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Prior reports noted - "Recent quarterly comparisons showed sales revenues and earnings increases sequentially accelerating, but a downturn in FY '09 earnings is a flaw with respect to the A criteria of the investment system."
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CALL - NASDAQ - Telecom-Infrastructure
Magicjack Vocal Tec Ltd
$22.68 +0.70
3.18%
$23.74 $23.99 -5.46% 372,257
126.88%
293,400
Most Recent Note for CALL - 3/5/2012 12:23:08 PM
Perched at its 52-week high today while adding to its impressive streak of volume-driven gains. Prior mid-day reports noted - "Sales revenues and earnings history is not a match with the fact-based investment system's guidelines. Erratic price action in the past week indicates uncertainty while it proposed a new Public Offering on 12/09/11 and a 2:1 split impacted its share price effective 12/19/11."
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CHSP - NYSE - Finance-Property REIT
Chesapeake Lodging Tr
$18.03 +0.20
1.12%
$18.05 $18.18 -0.83% 134,542
106.02%
126,900
Most Recent Note for CHSP - 3/5/2012 12:28:36 PM
Limited history is a concern although recent quarterly comparisons have shown strong sales revenues and earnings increases versus the year ago periods. This REIT has rebounded near its prior highs in the $19-20 area after a deep slump well below its 200 DMA line.
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DPZ - NYSE - Retail-Restaurants
Dominos Pizza Inc
$38.42 +0.57
1.49%
$38.51 $39.80 -3.48% 605,831
81.04%
747,600
Most Recent Note for DPZ - 3/5/2012 12:32:04 PM
Consolidating following an impressive gap up gain with heavy volume on 2/28/12 for a new 52-week high which cleared an 11-week "double bottom" base pattern. Recent quarters shown better than +25% earnings however sales revenues increases have been sub par. Annual earnings (A criteria) showed a downturn in FY '07 and '08.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FL - NYSE - RETAIL - Apparel Stores
Foot Locker Inc
$29.28 +0.31
1.07%
$29.35 $30.06 -2.59% 1,589,270
81.36%
1,953,300
Most Recent Note for FL - 3/5/2012 12:40:54 PM
Perched near its 52-week high today. Held its ground stubbornly as it gradually advanced into new high territory since noted in the 12/22/11 mid-day report after it found support near its 50 DMA line - "Quarterly results showed strong earnings increases but sales revenues growth has been sub par and its annual earnings (A criteria) history is not a good match with the investment system's guidelines."
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FRME - NASDAQ - BANKING - Regional - Midwest Banks
First Merchants Corp Mun
$10.77 +0.03
0.28%
$10.92 $11.60 -7.16% 77,580
99.85%
77,700
Most Recent Note for FRME - 3/5/2012 12:43:25 PM
Consolidating following an impressive streak of volume-driven gains to new 52-week highs. Shrinking sales revenues and erratic quarterly and annual earnings history are not a match with the fact-based investment system's guidelines.
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GCO - NYSE - RETAIL - Apparel Stores
Genesco Inc
$74.70 +1.03
1.40%
$75.29 $75.29 -0.78% 253,013
78.60%
321,900
Most Recent Note for GCO - 3/5/2012 12:45:36 PM
Up today following a gap up on the prior session, hitting new 52-week highs. Reported earnings +48% on +29% sales revenues for the quarter ended January 31, 2012 versus the year ago period. The 3/02/12 mid-day report noted - "Recent quarterly comparisons showed strong increases in sales revenues and improved earnings but its annual earnings (A criteria) history has not met 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  
HEES - NASDAQ - MANUFACTURING - Industrial Equipment & Components
H & E Equipment Svcs Inc
$19.97 +0.26
1.32%
$20.07 $20.63 -3.20% 238,023
129.85%
183,300
Most Recent Note for HEES - 3/5/2012 12:47:08 PM
Up slightly today for a 3rd consecutive volume-driven gain after reporting its 3rd consecutive quarter with solid sales revenues increases and earnings versus year-ago losses. It had been consolidating since the 2/08/12 mid-day report noted - "Quarterly and annual earnings history are not a good match with the fact-based investment system."

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KED - NYSE - Finance-Investment Mgmt
Kayne Anderson Engy Dvlp
$23.95 +0.05
0.21%
$24.01 $24.50 -2.24% 61,215
91.91%
66,600
Most Recent Note for KED - 3/5/2012 12:55:11 PM
Consolidating near its 52-week high and churning above average volume without making progress since a negative reversal on 2/21/12. It is extended from the previous orderly base pattern. Prior mid-day reports noted - "Erratic earnings history. Its quarterly sales revenues and earnings improved in recent comparisons, yet they remain minuscule. It has been building an orderly base for the past few months with support being found near its 200 DMA line."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
KORS - NYSE - RETAIL - Apparel Stores
Michael Kors Hldgs Ltd
$46.80 -1.15
-2.40%
$49.75 $49.75 -5.93% 2,576,422
178.50%
1,443,400
Most Recent Note for KORS - 3/5/2012 12:56:46 PM
Touched another new 52-week high today then reversed into the red. Limited history is a concern and it is extended from any sound base pattern, up considerably from its 12/15/11 IPO priced at $20.

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MANH - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software
Manhattan Associates Inc
$48.73 +1.78
3.79%
$48.85 $48.98 -0.51% 170,907
107.02%
159,700
Most Recent Note for MANH - 3/5/2012 1:00:57 PM
Volume-driven gain today for a new 52-week high, rising from a tight 5-week flat base pattern. Stubbornly held its ground without making meaningful progress since last noted in the 2/03/12 mid-day report - "Formed an 8-week cup without a handle, making a base-on-base above the previously noted highs in the $39 area. Perched at its 52-week high following 3 consecutive volume-driven gains and it has no resistance remaining due to overhead supply. The Jun, Sep, and Dec '11 quarters showed great fundamental improvement with strong earnings satisfying the C criteria. A dip in its FY '09 earnings has been noted as a flaw concerning the A criteria making it not a solid match with the fact-based system's guidelines."
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NCI - NYSE - DIVERSIFIED SERVICES - Business/Management Services
Navigant Consulting Inc
$13.33 +0.28
2.15%
$13.33 $14.27 -6.59% 166,094
81.10%
204,800
Most Recent Note for NCI - 3/5/2012 1:06:56 PM
Recent quarterly comparisons showed improved earnings, however its annual earnings (A criteria) history is not a match with the fact-based system's guidelines. Consolidating above prior highs and its 50 DMA line which coincide in the upper $12 area.

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PETM - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other
Petsmart Inc
$55.96 +0.48
0.87%
$56.22 $56.39 -0.76% 708,185
88.31%
801,900
Most Recent Note for PETM - 3/5/2012 1:08:25 PM
Perched at its 52-week high today following a test of support at its 50 DMA line last week. Reported earnings +18% on +8% sales revenues for the quarter ended January 31, 2012 versus the year ago period. Noted in prior mid-day reports - "Quarterly sales revenues increases in the +6-8% are below the robust growth guidelines of the investment system. Its earnings and sales revenues showed improvement in the recent quarterly comparisons but its growth history is below the fundamental guidelines of the investment system. Current earnings per share should be up +25% or more and the past 3 or 4 comparisons in many cases accelerating in recent quarters. Quarterly sales should also be up +18-25% or more or accelerating over prior quarters."
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PKT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Procera Networks Inc
$20.30 +0.28
1.40%
$20.65 $20.90 -2.87% 181,337
81.57%
222,300
Most Recent Note for PKT - 3/5/2012 1:09:48 PM
Poised for a best-ever close with today's gain. Held its ground stubbornly since hitting a new 52-week high on 2/22/12 when the mid-day report noted - "Prior highs in the $18 area define support above its 50 DMA line. Reported earnings +200% on +108% sales revenues for the quarter ended December 31, 2011 versus the year ago period. It slumped under its 50 DMA line then rebounded to new highs since last noted in the 12/14/11 mid-day report - 'Following several years of operating losses (bad A criteria) it has shown strong sales revenues increases and produced solid earnings versus year-ago losses for the quarterly comparisons in Mar, Jun, and Sep '11.'"
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