Mid-Day Breakouts Report - Friday, March 18th, 2022

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MIDDAY BREAKOUTS REPORT - FRIDAY, MARCH 18TH, 2022
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DOW 34318.38 -162.38 (-0.47%) | NASDAQ 13618.34 3.56 (0.03%) | S&P 500 4403.22 -8.45 (-0.19%)

Time of Screening : 3/18/2022 12:11:52 PM Report Released : 3/18/2022 12:59:51 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
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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
ACLS - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Axcelis Technologies Inc	$78.65	+3.29 4.36%	$79.60	$77.60	1.35%	427,343 89.40%	478,000
Most Recent Note for ACLS - 3/18/2022 12:14:03 PM Hitting a new 52-week high with today's 4th consecutive gain backed by above average volume. Reported Dec '21 quarterly earnings +144% on +68% sales revenues versus the year ago period, its 8th strong quarterly comparison. Up and down annual earnings (A criteria) history is not a great match with the fundamental guidelines of the fact-based investment system.
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AIT - NYSE - WHOLESALE - Industrial Equipment Wholesale Applied Industrial Tech	$99.16	-2.96 -2.90%	$102.09	$109.87	-9.75%	90,634 66.64%	136,000
Most Recent Note for AIT - 3/18/2022 12:15:29 PM Consolidating above its 50 and 200 DMA lines. Reported Dec '21 quarterly earnings +58% on +17% sales revenues, its 4th consecutive quarterly comparison showing strong earnings increases above the +25% minimum guideline (C criteria). Up and down annual earnings history remains a concern.
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ANET - NYSE - Computer-Networking Arista Networks, Inc	$128.65	+2.65 2.10%	$129.66	$148.57	-13.41%	1,556,283 72.86%	2,136,000
Most Recent Note for ANET - 3/18/2022 12:16:29 PM Rebounding above its 50 DMA line ($123.66) toward prior highs with today's 4th consecutive gain. Reported Dec '21 quarterly earnings +32% on +27% sales revenues versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria).
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BWB - NASDAQ - Banks-Midwest Bridgewater Bancshares	$17.13	-0.24 -1.38%	$17.27	$20.05	-14.56%	30,530 82.51%	37,000
Most Recent Note for BWB - 3/18/2022 12:17:51 PM Hovering near its 200 DMA line in a tight range for many weeks. The past 4 quarterly earnings comparisons through Dec '21 were above the +25% minimum guideline (C criteria). Annual earnings had a downturn in FY '20.
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CARE - NASDAQ - Banks-Southeast Carter Bankshares Inc	$16.31	-0.25 -1.51%	$16.47	$16.87	-3.32%	57,597 69.39%	83,000
Most Recent Note for CARE - 3/18/2022 12:18:04 PM Fundamental concerns remain due to sub par sales revenues growth and erratic earnings history.
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CFB - NASDAQ - Banks-Midwest Crossfirst Bankshares	$15.33	-0.65 -4.07%	$15.78	$16.50	-7.09%	92,249 81.64%	113,000
Most Recent Note for CFB - 3/18/2022 12:18:51 PM Slumping below its 50 DMA line today after hovering near its all-time high. Fundamental concerns remain.
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CMC - NYSE - METALS & MINING - Steel & Iron Commercial Metals Co	$38.46	-1.79 -4.45%	$40.65	$42.37	-9.23%	901,965 73.39%	1,229,000
Most Recent Note for CMC - 3/18/2022 12:25:26 PM Encountering some distributional pressure while pulling back from its 52-week high with today's 4th consecutive loss. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported Feb '22 quarterly earnings +132% on +37% sales revenues versus the year ago period. Recent quarterly comparisons were above the +25% minimum earnings guideline (C criteria) of the fact-based investment system. Annual earnings growth has been strong.
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CSTR - NASDAQ - Banks-Southeast Capstar Financial Hldgs	$21.04	-0.45 -2.09%	$21.65	$23.00	-8.52%	42,225 79.67%	53,000
Most Recent Note for CSTR - 3/18/2022 12:27:03 PM Consolidating in a tight range but slumping below its 50 and 200 DMA lines with today's 4th consecutive small loss on light volume. Prior mid-day reports cautioned members - "Reported Dec '21 quarterly earnings +10% on -2% sales revenues versus the year ago period. Waning sales revenues are an ongoing concern while it had reported strong Dec '20, Mar , Jun, and Sep '21 quarterly earnings results versus the year ago periods. Fundamentals are not a match with the fact-based investment system's guidelines."
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CWST - NASDAQ - MATERIALS & CONSTRUCTION - Waste Management Casella Waste Sys Cl A	$86.72	+0.43 0.49%	$87.32	$92.75	-6.51%	297,320 79.92%	372,000
Most Recent Note for CWST - 3/18/2022 12:29:05 PM Stalled after a streak of 11 consecutive gains rebounding from below its 200 DMA line and reaching a new all-time high. Prior reports including the 3/11/22 mid-day report noted - "This waste resource management firm for municipalities has an earnings history not matching with the fundamental guidelines (C and A criteria) of the fact-based investment system."
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FLOW - NYSE - Machinery-Gen Industrial S P X Flow Inc	$86.24	-0.09 -0.10%	$86.33	$88.55	-2.61%	505,340 73.99%	683,000
Most Recent Note for FLOW - 3/18/2022 12:30:00 PM Following M&A news it is perched near its 52-week high. The Mar, Jun, and Sep '21 quarters were strong but prior history leaves fundamental concerns.
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FVCB - NASDAQ - Banks-Southeast FVC Bancorp Inc	$20.30	-0.47 -2.26%	$21.14	$21.49	-5.54%	37,172 97.82%	38,000
Most Recent Note for FVCB - 3/18/2022 12:30:51 PM Consolidating and holding its ground since a gap up on 7/15/21 following M&A news. Prior mid-day reports noted - "Sub par earnings and sales revenues growth history for this thinly traded Bank."
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HPQ - NYSE - COMPUTER HARDWARE - Diversified Computer Systems Hewlett-Packard Co	$35.23	+0.74 2.15%	$35.23	$39.65	-11.15%	8,446,564 71.76%	11,771,000
Most Recent Note for HPQ - 3/18/2022 12:33:12 PM Slumped from multi-year highs and in recent weeks it has been sputtering below its downward sloping 50 DMA line ($36.52) which has acted as resistance. Reported Jan '22 quarterly earnings +20% on +9% sales revenues versus the year ago period, breaking a streak of 4 quarterly comparisons above the +25% guideline (C criteria). Sales revenues growth rate has not been especially strong. Annual earnings history has been slow and steady.
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HTBI - NASDAQ - BANKING - Regional - Southeast Banks Hometrust Bancshares Inc	$30.02	-0.12 -0.40%	$30.20	$32.60	-7.91%	41,121 87.49%	47,000
Most Recent Note for HTBI - 3/18/2022 12:35:55 PM Consolidating above its 200 DMA line ($29.43) and still only -7.3% off its 52-week high. Reported Dec '21 earnings +19% on -2% sales revenues versus the year ago period. Noted with caution in prior mid-day reports - "Lack of sales revenues growth is a fundamental flaw while recent quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings history has been up and down."
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LEGH - NASDAQ - Finance-Property REIT Legacy Housing Corp	$24.64	+0.16 0.65%	$24.78	$28.84	-14.56%	31,013 96.92%	32,000
Most Recent Note for LEGH - 3/18/2022 12:42:27 PM Stalled and sputtered above and below its 50 DMA line since hitting a new all-time high when last noted with caution in the 12/13/21 mid-day report - "Reported strong Sep '21 quarterly results. This REIT's fundamentals are not a match with the fact-based investment system's guidelines."
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LSI - NYSE - Finance-Property REIT Life Storage Inc	$134.69	+0.06 0.04%	$136.84	$154.45	-12.79%	461,748 92.72%	498,000
Most Recent Note for LSI - 3/18/2022 12:43:58 PM This REIT found prompt support at its 200 DMA line while consolidating. Completed a new Public Offering on 9/16/21. Reported Dec '21 quarterly earnings +32% on +33% sales revenues versus the year ago period, its 3rd strong quarter above the +25% minimum guideline (C criteria).
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NOA - NYSE - Oil&Gas-Field Services North American Const Grp	$15.34	+0.25 1.62%	$15.34	$17.79	-13.80%	37,169 74.34%	50,000
Most Recent Note for NOA - 3/18/2022 12:46:25 PM Choppy consolidation continues while again rebounding above its 50 and 200 DMA lines this week. Reported strong Sep and Dec '21 quarterly results but fundamental concerns remain.
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PCSB - NASDAQ - Banks-Northeast P C S B Financial Corp	$19.04	-0.02 -0.10%	$19.15	$20.75	-8.24%	25,132 71.81%	35,000
Most Recent Note for PCSB - 3/18/2022 12:49:56 PM Consolidating above its 50 and 200 DMA lines. Reported earnings +67% on +7% sales revenues for the Dec '21 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 for this small NY-based Bank holding company.
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TCN - NYSE - Real Estate Dvlpmt/Ops Tricon Residential Inc	$16.55	+0.06 0.36%	$16.68	$16.70	-0.90%	397,733 65.20%	610,000
Most Recent Note for TCN - 3/18/2022 12:51:27 PM Perched at its 52-week high today following 8 consecutive gains after sputtering below its 50 DMA line ($15.05). Reported Dec '21 quarterly earnings +65% on +36% sales revenues versus the year ago period. Prior quarters also showed strong sales and earnings increases over the year ago periods. Annual earning history is not a match with the fact-based investment system's fundamental guidelines.
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TNC - NYSE - MANUFACTURING - Diversified Machinery Tennant Co	$84.10	+0.44 0.53%	$84.15	$87.40	-3.78%	59,266 116.21%	51,000
Most Recent Note for TNC - 3/18/2022 12:52:40 PM Three of the 4 latest quarterly earnings increases through Dec '21 have been above the +25% minimum guideline (C criteria). Sub par sales revenues growth and its erratic annual earnings (A criteria) history leave fundamental concerns.
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TRTN - NYSE - Comml Svcs-Leasing Triton International Ltd	$65.50	-1.01 -1.52%	$65.67	$70.17	-6.66%	325,175 71.62%	454,000
Most Recent Note for TRTN - 3/18/2022 12:58:32 PM Bermuda-based Container firm has been hovering near its all-time high and finding prompt support near its 50 DMA line ($63.80) in recent weeks. Reported Dec '21 quarterly earnings +57% on +24% sales revenues versus the year ago period, its 5th strong quarterly comparison showing acceleration in its sales revenues growth rate. Annual earnings (A criteria) growth was flat in recent years (FY '19 and '20) and remains a fundamental concern. Completed a new Public Offering on 9/08/17.
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ZIM - NYSE - Transportation-Ship ZIM Integ Shipping Svcs	$84.44	-2.51 -2.89%	$87.40	$91.23	-7.44%	3,652,705 86.62%	4,217,000
Most Recent Note for ZIM - 3/18/2022 12:59:44 PM Extended from any sound base and perched near its 52-week high following a noted streak of 7 consecutive volume-driven gains. Found prompt support above its 50 DMA line ($69) 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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