Mid-Day Breakouts Report - Wednesday, March 9th, 2022

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, MARCH 9TH, 2022
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DOW 33352.1 719.46 (2.20%) | NASDAQ 13194.46 398.91 (3.12%) | S&P 500 4275.92 105.22 (2.52%)

Time of Screening : 3/9/2022 12:29:02 PM Report Released : 3/9/2022 1:02:52 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 85% of 50 Day Average at the time of the screening.
More details about this report...

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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
ADM - NYSE - FOOD & BEVERAGE - Food - Major Diversified Archer Daniels Midland	$81.72	-1.41 -1.70%	$83.60	$87.99	-7.13%	2,807,993 88.08%	3,188,000
Most Recent Note for ADM - 3/9/2022 12:32:43 PM Pulling back after powering to new 52-week highs volume-driven gains, very extended from its 50 DMA line ($74). Last noted in the 1/31/22 mid-day report - "Earnings rose +24% on +28% sales revenues for the Dec '21 quarter versus the year ago period, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria). Up and down annual earnings (A criteria) history also leaves fundamental concerns."
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BKR - NYSE - Oil&Gas-Machinery/Equip Baker Hughes Co Cl A	$34.00	-0.80 -2.30%	$34.82	$36.92	-7.91%	10,431,418 109.72%	9,507,000
Most Recent Note for BKR - 3/9/2022 12:33:56 PM Pulling back today following 5 consecutive volume-driven gains hitting new 52-week highs. Prior mid-day reports noted - "Its quarterly and annual earnings history (C and A criteria) has not been a match with the investment system's fundamental requirements."
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CF - NYSE - CHEMICALS - Agricultural Chemicals C F Industries Holdings	$90.02	-3.26 -3.49%	$90.65	$100.52	-10.45%	4,286,355 104.11%	4,117,000
Most Recent Note for CF - 3/9/2022 12:36:01 PM Pulling back from multi-year highs following an impressive streak of volume-driven gains after finding support near its 50 DMA line ($74). Reported Dec '21 quarterly earnings +999% on +130% sales revenues versus the year ago period, its 4th strong quarterly comparison. Up and down annual earnings growth history (A criteria) is a concern.
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CFB - NASDAQ - Banks-Midwest Crossfirst Bankshares	$15.65	+0.26 1.66%	$16.00	$16.50	-5.18%	318,397 303.24%	105,000
Most Recent Note for CFB - 3/9/2022 12:36:11 PM Found support at its 50 DMA line and perched at its all-time high. Fundamental concerns remain.
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CMRE - NYSE - Transportation-Ship Costamare Inc	$14.87	+0.06 0.44%	$15.47	$16.72	-11.04%	622,317 88.90%	700,000
Most Recent Note for CMRE - 3/9/2022 12:37:16 PM Perched within striking distance of its 52-week high. Due to report Dec '21 quarterly results. Showed strong earnings increases in the Jun and Sep '21 quarterly comparisons versus the year ago periods. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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CRT - NYSE - Oil&Gas-Royalty Trust Cross Timber Royalty Tr	$15.88	-1.32 -7.67%	$17.30	$17.53	-9.41%	57,979 101.72%	57,000
Most Recent Note for CRT - 3/9/2022 12:38:18 PM Pulling back today after powering to new 52-week highs with volume-driven gain. The 3/08/22 mid-day report noted - "Erratic quarterly and annual earnings history (C and A criteria) leaves fundamental concerns."
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EGY - NYSE - ENERGY - Independent Oil & Gas Vaalco Energy Inc	$6.96	+0.06 0.87%	$7.10	$7.41	-6.07%	962,762 112.74%	854,000
Most Recent Note for EGY - 3/9/2022 12:39:20 PM Extended from any sound base and perched at its 52-week high after a streak of volume-driven gains. Its 50 DMA line ($4.77) defines important support above the prior high ($4.31). Noted with caution in prior mid-day reports - "The Sep '21 quarter earnings rose +325% on +206% sales revenues versus the year ago period, its 3rd strong quarterly comparison. Erratic quarterly and annual earnings (C and A criteria) history is a concern. Low priced stocks are riskier choices which the investment system guidelines say should be avoided unless all criteria are soundly satisfied."
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ICL - NYSE - Chemicals-Agricultural I C L Group Ltd	$11.11	+0.00 0.00%	$11.18	$12.21	-9.01%	534,965 94.35%	567,000
Most Recent Note for ICL - 3/9/2022 12:41:03 PM Pulling back after powering to new 52-week highs with volume-driven gains. Recent quarterly comparisons through Dec '21 showed strong earnings increases above the +25% minimum guideline (C criteria) and sales revenues growth rate has shown impressive acceleration. Up and down annual earnings (A criteria) leaves fundamental concerns.
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MOS - NYSE - CHEMICALS - Agricultural Chemicals Mosaic Company	$57.24	-0.95 -1.63%	$57.52	$64.71	-11.54%	9,374,074 128.03%	7,322,000
Most Recent Note for MOS - 3/9/2022 12:41:44 PM Pulling back after spiking to new multi-year highs with volume-driven gains in recent weeks. Reported greatly improving sales revenues growth and solid earnings increases in the 5 latest quarterly financial reports through Dec '21. Its erratic annual earnings (A criteria) history is a cause for concern, fundamentally.
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NMM - NYSE - TRANSPORTATION - Shipping Navios Maritime Partners	$33.51	+0.66 2.01%	$34.00	$36.46	-8.09%	321,338 96.21%	334,000
Most Recent Note for NMM - 3/9/2022 12:42:16 PM Perched within striking distance of prior highs in the $34-36 area. Recent quarterly comparisons through Dec '21 showed very strong sales revenues and earnings increases. Annual earnings (A criteria) history has been erratic. Perched within striking distance of its 52-week high.
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NTR - NYSE - Chemicals-Agricultural Nutrien Ltd	$94.26	-0.55 -0.58%	$94.85	$101.63	-7.25%	4,338,296 119.25%	3,638,000
Most Recent Note for NTR - 3/9/2022 12:43:09 PM Pulling back after spiking to new 52-week highs with recently noted volume-driven gains. Has a new CEO as of 1/04/22. Reported very strong Dec '20, Mar, Jun, Sep, and Dec '21 quarterly sales revenues and earnings increases versus the year ago periods. Up and down annual earnings history (A criteria) included a downturn in FY '19 and '20, not a match with the fundamental guidelines of the fact-based investment system.
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NVO - NYSE - DRUGS - Drug Manufacturers - Other Novo Nordisk A/S Adr	$105.14	+2.83 2.77%	$105.62	$117.35	-10.40%	1,999,760 129.52%	1,544,000
Most Recent Note for NVO - 3/9/2022 12:43:56 PM This Denmark-based Medical - Ethical Drug firm has found prompt support near its 200 DMA line ($99.47) and is rebounding above its 50 DMA line again with this week's volume-driven gains. Reported earnings +11% on +11% sales revenues for the Dec '21 quarter versus the year ago period. Fundamental concerns remain.
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ORI - NYSE - INSURANCE - Surety & Title Insurance Old Republic Intl Corp	$25.76	+0.73 2.90%	$25.96	$27.19	-5.28%	1,622,546 94.01%	1,726,000
Most Recent Note for ORI - 3/9/2022 12:47:30 PM Consolidating near its 50 DMA line ($25.65) following a Special Dividend. Reported earnings +17% on +12% sales revenues for the Dec '21 quarter versus the year ago period, below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history included a small dip in FY '19. Not a great match with the fact-based investment system's fundamental guidelines.
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PWR - NYSE - MATERIALS & CONSTRUCTION - General Contractors Quanta Services Inc	$118.82	+1.99 1.70%	$121.15	$124.69	-4.71%	1,074,380 87.35%	1,230,000
Most Recent Note for PWR - 3/9/2022 12:53:35 PM Rebounding near its all-time high with today's 2nd consecutive volume-driven gain. Reported Dec '21 quarterly earnings +26% on +35% sales revenues versus the year ago period. Found support after undercutting its 200 DMA line during its consolidation since last noted with caution in the 12/02/21 mid-day report - "Fundamental concerns remain. Quarterly earnings history (C criteria) is not a match with the fact-based system's fundamental guidelines."
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REI - AMEX - Oil&Gas-U S Expl&Prod Ring Energy Inc	$3.64	-0.10 -2.67%	$3.72	$4.16	-12.50%	2,339,709 94.04%	2,488,000
Most Recent Note for REI - 3/9/2022 12:54:58 PM Sputtering today after a "negative reversal" on the prior session while challenging multi-year highs. Noted in the prior mid-day reports with caution - "Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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RIO - NYSE - METALS & MINING - Steel & Iron Rio Tinto Plc Adr	$77.14	-0.39 -0.50%	$77.98	$89.73	-14.03%	4,781,323 98.62%	4,848,000
Most Recent Note for RIO - 3/9/2022 12:57:04 PM Pulling back today with above average volume for a 4th consecutive loss testing its 50 DMA line ($75.10). Faces some resistance due to overhead supply up to the $89 level. Reported Sep and Dec '21 quarterly earnings +20% on +20% sales revenues versus the year ago periods, below the +25% minimum earnings guideline (C criteria). The UK-based Mining - Metal Ores firm's annual earnings (A criteria) history has been strong.
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VALE - NYSE - METALS & MINING - Steel &; Iron Vale Sa Adr	$18.63	-0.47 -2.47%	$18.86	$20.98	-11.20%	31,813,457 90.96%	34,975,000
Most Recent Note for VALE - 3/9/2022 1:00:25 PM Pulling back today for a 2nd consecutive volume-driven loss after challenging its 52-week high with an impressive streak of volume-driven gains. Erratic history leaves fundamental concerns for this huge Brazil-based mining firm.
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WHD - NYSE - Oil&Gas-Machinery/Equip Cactus Inc	$56.48	-4.18 -6.89%	$60.31	$64.18	-12.00%	602,426 130.68%	461,000
Most Recent Note for WHD - 3/9/2022 1:01:09 PM Pulling back today after hitting new all-time highs with 3 consecutive volume-driven gains. Earnings increases have been very strong in the Jun, Sep, and Dec '21 quarters versus the year ago periods. Prior quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines. Found support near its 200 DMA line during its prior consolidations. Completed a new Public Offering on 7/11/18. Limited history is a concern while it has rallied from its $19 IPO on 2/08/18.
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ZIM - NYSE - Transportation-Ship ZIM Integ Shipping Svcs	$73.92	+3.23 4.57%	$77.45	$75.33	-1.87%	6,340,904 184.44%	3,438,000
Most Recent Note for ZIM - 3/9/2022 1:02:46 PM Hitting yet another new 52-week high with today's volume-driven gain. Found prompt support above its 50 DMA line ($65.19) during recent consolidations. Reported very strong Sep and Dec '21 quarterly results versus the year ago periods. Limited history is a concern since it completed its $15 IPO on 1/28/21 and a Secondary Offering on 6/04/21.
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