Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, February 18, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - MONDAY, MARCH 12TH, 2012
Previous Mid Day Report Next Mid Day Report >>>

DOW 12950.52 28.5 (0.22%) | NASDAQ 2980.94 -7.4 (-0.25%) | S&P 500 1369.65 -1.22 (-0.09%)
Time of Screening : 3/12/2012 11:56:15 AM         Report Released : 3/12/2012 12:53:55 PM
Price is: Above 52W High and Less Than 52W High but within 10% of the 52 Week High
Volume Is: At least 57.5% 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
ALXN - NASDAQ
Alexion Pharmaceuticals
$86.38 +1.65
1.95%
$87.55 746,060
61.52% of 50 DAV
50 DAV is 1,212,800
$87.63
-1.43%
11/30/2011 $68.66 PP = $70.52
MB = $74.05
Most Recent Note - 3/12/2012 12:01:11 PM
G - Challenging its all-time high with today's early gain. Support to watch on pullbacks is its 50 DMA line.
>>> The latest Featured Stock Update with an annotated graph appeared on 2/24/2012. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
COO - NYSE
Cooper Companies Inc
$80.47 -1.49
-1.82%
$81.28 359,538
93.44% of 50 DAV
50 DAV is 384,800
$84.20
-4.43%
9/1/2004 $83.05 PP = $81.02
MB = $85.07
Most Recent Note - 3/12/2012 12:27:45 PM
Y - Consolidating today, slumping under the pivot point cited following a considerable gap up gain on the prior session. Its prior gain with 4 times average volume triggered a technical buy signal as it rose from a near 6-month cup-with-handle base pattern. See the latest FSU analysis for more details and a new annotated graph.


>>> The latest Featured Stock Update with an annotated graph appeared on 3/9/2012. 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
ANIK - NASDAQ - DRUGS - Biotechnology
Anika Therapeutics Inc
$11.84 -0.06
-0.50%
$11.91 $12.41 -4.59% 37,046
59.56%
62,200
Most Recent Note for ANIK - 3/12/2012 12:02:45 PM
Consolidating since last noted in the 3/01/12 mid-day report - "Gapped up today for a considerable volume-driven gain and new 52-week high. Reported strong results for the quarter ended December 31, 2011, making it 3 consecutive quarterly comparisons (C criteria) above the +25% minimum earnings guideline. Its up and down annual earnings (A criteria) history remains a fundamental concern. Bullish action has continued after it appeared in 5 mid-day reports during February noted - 'Quarterly and annual earnings history has been below the investment system's guidelines.'"
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BECN - NASDAQ - MATERIALS &; CONSTRUCTION - General Building Materials
Beacon Roofing Supply
$24.52 -0.19
-0.77%
$24.81 $25.00 -1.92% 237,966
67.36%
353,300
Most Recent Note for BECN - 3/12/2012 12:05:22 PM
Hovering near its 52-week and multi-year highs today following a volume-driven gain after an orderly consolidation above its 50 DMA line. Prior mid-day reports noted - "Reported earnings +77% on +21% sales revenues for the latest quarter ended December 31, 2011 versus the year ago period. The 3 latest quarterly comparisons earnings increases were above the +25% guideline satisfying the C criteria. Downturn in FY '10 earnings is a flaw concerning the A criteria of the fact-based investment system's guidelines. It survived but failed to impress since noted in the 5/01/2009 mid-day report - 'Its up and down annual earnings history (the A criteria) is a concern.'"
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CALL - NASDAQ - Telecom-Infrastructure
Magicjack Vocal Tec Ltd
$24.56 +0.56
2.33%
$25.20 $25.20 -2.54% 266,138
81.76%
325,500
Most Recent Note for CALL - 3/12/2012 12:06:23 PM
Hit another new 52-week high today, adding to an 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CALM - NASDAQ - FOOD & BEVERAGE - Farm Products
Cal-Maine Foods Inc
$41.12 +0.19
0.46%
$41.58 $41.58 -1.11% 72,387
71.74%
100,900
Most Recent Note for CALM - 3/12/2012 12:08:58 PM
Gradually rising to new 52-week highs, it is on track today for a 6th consecutive small gain with above average volume. It has gradually risen since noted in prior mid-day reports following its 12/27/11 gap up gain with above average volume - "Sales revenues and earnings increases improved in the 2 latest quarters (Aug and Nov '11), but prior quarterly earnings comparisons and annual earnings (C & A criteria) history has been below the fact-based investment system's guidelines. It was last noted in the 12/29/03 mid-day report."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CDI - NYSE - DIVERSIFIED SERVICES - Staffing & Outsourcing Service
C D I Corp
$16.96 +0.01
0.06%
$17.09 $17.28 -1.85% 22,903
71.13%
32,200
Most Recent Note for CDI - 3/12/2012 12:10:01 PM
The 2 prior mid-day reports noted - "Earnings history is not a match with the fact-based investment system's guidelines. Hitting a new 52 week high today but it faces additional resistance due to overhead supply."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CECE - NASDAQ - Pollution Control
Ceco Environmental
$8.00 +0.07
0.88%
$8.00 $8.20 -2.44% 25,496
107.58%
23,700
Most Recent Note for CECE - 3/12/2012 12:12:41 PM
The 3/09/12 mid-day report noted - "Gapped up and hit a new 52-week high today with a considerable volume-driven gain. Recent quarterly comparisons showed greatly improved earnings but the lack of sales revenues growth and erratic annual earnings (A criteria) history are fundamental flaws. Low-priced stocks are discouraged from consideration under the fact-based system unless all key criteria are solidly satisfied."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CLH - NYSE - Pollution Control
Clean Harbors Inc
$68.58 -0.94
-1.36%
$70.01 $71.63 -4.26% 231,755
75.05%
308,800
Most Recent Note for CLH - 3/12/2012 12:18:47 PM
Hovering near its all-time high today. Found support at its 50 DMA line throughout its ongoing advance since since rallying from a "double bottom" base in November. Fundamentals remain a concern as only one of its past 3 quarterly comparisons through Dec '11 showed earnings above the +25% minimum guideline. Found support near its 200 DMA line during its consolidation since last noted in the 8/03/11 mid-day report - "The downward turn in FY '09 earnings raises concerns with respect to the investment system's A criteria. Recent quarters show sales and earnings improving but prior history is below the fact-based system's guidelines."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CMI - NYSE - MANUFACTURING - Diversified Machinery
Cummins Inc
$117.90 -1.03
-0.87%
$119.34 $124.69 -5.45% 1,611,634
64.70%
2,490,900
Most Recent Note for CMI - 3/12/2012 12:24:22 PM
Consolidating near its all-time high. Recent quarterly comparisons show strong sales revenues and earnings increases satisfying the C criteria. It made limited progress and endured a choppy consolidation since last noted in the 1/31/11 mid-day report - "Downward turn in FY '09 earnings (A criteria) make it fall below the 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  
CYAN - NASDAQ - CHEMICALS - Specialty Chemicals
Cyanotech Corp
$10.33 +0.31
3.09%
$10.39 $10.52 -1.81% 48,022
67.92%
70,700
Most Recent Note for CYAN - 3/12/2012 12:29:10 PM
Touching yet another new 52-week high while adding to its streak of volume-driven gains today. Held its ground following a considerable gap up and volume-driven gain on 2/09/12 after reporting strong sales and earnings increases for the latest (Dec '11) quarter. Low-priced stocks are discouraged from consideration under the fact-based system unless all key criteria are solidly satisfied. It went through a deep consolidation below its 50 DMA line from the prior high since noted in the 12/22/11 mid-day report - "The 3 latest quarterly comparisons through September '11 showed strong sales revenues and earnings increases versus the year ago periods, however its annual earnings (A criteria) history has not been strong and steady."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
INVN - NYSE - ELECTRONICS - Scientific & Technical Instrum
Invensense Inc
$17.73 -0.06
-0.34%
$18.35 $19.34 -8.32% 1,026,791
88.22%
1,163,900
Most Recent Note for INVN - 3/12/2012 12:31:09 PM
Rallying up from a test of support at its 50 DMA line last week, posting its 4th consecutive volume-driven gain today. It hails from the Electronics - Semiconductor Manufacturing group which has recently shown better leadership (L criteria). It has not formed a sound base. Prior mid-day reports noted - "Its 11/16/11 IPO was priced at $8 per share, and the firm's limited history is a concern. "
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
$47.21 -2.38
-4.81%
$48.25 $50.69 -6.87% 1,684,290
108.12%
1,557,800
Most Recent Note for KORS - 3/12/2012 12:32:41 PM
Pulling back today, retreating from the 52-week high hit on the prior session. Prior mid-day reports noted - "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."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PATK - NASDAQ - Bldg-Mobile/Mfg & RV
Patrick Industries Inc
$8.41 +0.42
5.29%
$8.80 $8.80 -4.40% 69,356
144.79%
47,900
Most Recent Note for PATK - 3/12/2012 12:39:51 PM
Spiking to a new 52-week high today while adding to a spurt of volume-driven gains. Technically it is extended from prior chart highs, too far from any sound base. Fundamentally it is not a match with the fact-based investment system's guidelines. Low-priced stocks are discouraged from consideration as buy candidates unless all key criteria are solidly satisfied.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SPG - NYSE - REAL ESTATE - REIT - Retail
Simon Property Group Inc
$137.79 +1.34
0.98%
$138.02 $139.63 -1.32% 1,188,026
84.45%
1,406,700
Most Recent Note for SPG - 3/12/2012 12:41:06 PM
Consolidating in a tight range for the past 6 weeks perched at its all-time high. Fundamentals remain sub par. Prior mid-day reports noted - "Sales revenues and earnings growth history does not meet the investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SSNC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
S S & C Technologies
$21.02 +0.36
1.74%
$21.06 $21.49 -2.19% 168,096
103.00%
163,200
Most Recent Note for SSNC - 3/12/2012 12:42:28 PM
The 3/08/12 mid-day report noted - "Fundamentals are not a match with the fact-based investment system's winning models. Annual earnings (A criteria) history has been strong but the past 6 quarterly comparisons through Dec '11 showed earnings increases below the +25% minimum guideline for buy candidates."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TFM - NASDAQ - RETAIL - Grocery Stores
The Fresh Market Inc
$47.00 -0.60
-1.26%
$48.48 $48.48 -3.05% 177,982
74.75%
238,100
Most Recent Note for TFM - 3/12/2012 12:44:58 PM
A strong finish on the prior session helped it hit a new all-time high. The 3/07/12 mid-day report noted - "Quarterly and annual earnings increases (C & A criteria) are not a match with the fact-based system's guidelines. It is consolidating in an orderly base above its 50 DMA line and perched within close striking distance of its 52-week and multi-year highs."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
VAL - NYSE - MATERIALS & CONSTRUCTION - General Building Materials
Valspar Corp
$49.19 +0.91
1.88%
$49.56 $49.56 -0.75% 514,766
65.28%
788,600
Most Recent Note for VAL - 3/12/2012 12:48:55 PM
Up today for a 4th consecutive gain and another new 52-week high. Last week it quietly wedged up from a "3-weeks" tight formation and extended its winning streak to a 12th consecutive weekly gain. Last noted in the 2/14/12 mid-day report - "Annual earnings (A criteria) history has been good. Earnings were above the +25% guideline in the Oct '11 and Jan '12 quarterly comparisons versus the year ago periods following a streak of 5 quarterly comparisons with earnings increases below the minimum guideline 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  

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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

 We appreciate any feedback members may wish to send via the inquiry form here.

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.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us