Mid-Day Breakouts Report - Wednesday, March 21st, 2012

<<<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 Saturday, October 19, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - WEDNESDAY, MARCH 21ST, 2012
Previous Mid Day Report Next Mid Day Report >>>

DOW 13158.23 -11.96 (-0.09%) | NASDAQ 3083.37 9.22 (0.30%) | S&P 500 1406.08 0.56 (0.04%)

Time of Screening : 3/21/2012 12:12:25 PM Report Released : 3/21/2012 1:14:48 PM
Price is: Above 52W High and Less Than 52W High but within 10% 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

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
AE - AMEX - Oil&Gas-Refining/Mktg Adams Res & Energy Inc	$59.10	+0.37 0.63%	$60.43	$60.43	-2.20%	18,775 92.03%	20,400
Most Recent Note for AE - 3/21/2012 12:23:14 PM Hitting a new 52-week high today with its 8th consecutive gain. Fundamentals remain a concern, as was the case when this thinly-traded AMEX listed stock was last noted in the 6/23/08 mid-day report - "Questionable annual earnings history (the A criteria) but recent quarterly comparisons show better sales revenues and earnings increases."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ANIK - NASDAQ - DRUGS - Biotechnology Anika Therapeutics Inc	$12.83	+0.48 3.89%	$12.83	$12.86	-0.23%	68,839 100.94%	68,200
Most Recent Note for ANIK - 3/21/2012 12:26:29 PM Hitting another new 52-week high today. This low-priced stock was noted in prior mid-day reports - "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 \| Chart \| C A N S L I M
ASGN - NYSE - Comml Svcs-Staffing ASGN Incorporated	$17.55	+3.87 28.29%	$18.25	$18.25	-3.84%	1,682,170 795.35%	211,500
Most Recent Note for ASGN - 3/21/2012 12:29:58 PM Gapped up today for a considerable volume-driven gain and a new 52-week high on news it will acquire Apex Systems. It held its ground above prior highs during its consolidation since the 2/14/12 mid-day report noted - "Rising clear of all resistance due to overhead supply. Strong sales revenues and earnings increases versus the year earlier periods in recent quarterly comparisons (through Dec '11) satisfy the C criteria. Its annual earnings (A criteria) growth has not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CHDN - NASDAQ - LEISURE - Gaming Activities Churchill Downs Inc	$57.50	+0.46 0.81%	$57.50	$60.00	-4.17%	38,670 125.96%	30,700
Most Recent Note for CHDN - 3/21/2012 12:32:15 PM Consolidating above its 50 DMA line and perched within -4.2% of its 52-week high with no overhead supply to hinder its progress. The 3/14/12 mid-day report noted - "Quarterly sales revenues show deceleration in comparisons through Dec '11 while earnings improved over year ago figures. Its annual earnings (A criteria) history has not been strong and steady."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CKEC - NASDAQ - MEDIA - Movie Production, Theaters Carmike Cinemas Inc	$12.85	+0.27 2.15%	$12.95	$12.95	-0.77%	87,181 121.25%	71,900
Most Recent Note for CKEC - 3/21/2012 12:34:31 PM Hitting another new 52-week high today. Stubbornly held its ground and continued rising since its considerable 3/13/12 gap up gain after providing encouraging guidance, and following a previously noted 3/07/12 gap up after an analyst upgrade. Prior mid-day reports repeatedly noted - "Fundamentals still are not a match with the investment system's guidelines. It survived but failed to impress since noted in the 10/14/09 mid-day report - 'Poor annual earnings history.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CKSW - NASDAQ - INTERNET - Internet Software & Services Clicksoftware Technologs	$12.81	+0.11 0.87%	$13.07	$13.07	-1.99%	134,792 99.40%	135,600
Most Recent Note for CKSW - 3/21/2012 12:36:19 PM Hitting another new high today with above average volume adding to its recent spurt of gains. It was noted in the 3/02/12 mid-day report _ "Volume-driven gains this week helped it break out of a 9-month base pattern, technically clear of all resistance due to overhead supply. Its 50 DMA line acted as support since noted in the 2/10/12 mid-day report - 'Reported earnings +114% on +30% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Earnings rose +89% on +32% sales revenues for the latest quarter ended September 30, 2011 versus the year ago period. Prior quarterly and annual earnings (A criteria) history has been below the investment system's guidelines. Guidelines also suggest avoiding low priced stocks unless all key criteria are solidly satisfied. This Israeli Computer Software - Enterprise firm survived but failed to impress since noted in the 7/23/09 mid-day report.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CTAS - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Cintas Corp	$39.45	-1.02 -2.52%	$40.45	$40.61	-2.86%	1,111,210 127.67%	870,400
Most Recent Note for CTAS - 3/21/2012 12:42:51 PM Pulling back today with higher volume after recent gains with above average volume hitting new 52-week highs. Quarterly earnings increases have been above the +25% guideline in the past 5 quarterly comparisons through Feb '12 while sales revenues increases have only been in the +9-11% range. Annual earnings (A criteria) history is not a match with the fact-based system's guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CVBF - NASDAQ - BANKING - Regional - Pacific Banks C V B Financial Corp	$11.81	+0.48 4.24%	$11.87	$11.90	-0.76%	1,186,419 190.87%	621,600
Most Recent Note for CVBF - 3/21/2012 12:45:23 PM Gapped up today for a new 52-week high. Quarterly earnings have improved while sales revenues have waned in prior comparisons versus the year ago periods. Annual earnings history (A criteria) has been up and down, not strong and steady.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
DORM - NASDAQ - AUTOMOTIVE - Auto Parts Dorman Products Inc	$46.72	+0.30 0.64%	$46.92	$48.25	-3.18%	31,340 87.30%	35,900
Most Recent Note for DORM - 3/21/2012 12:48:18 PM It remains perched within close striking distance of its all-time high. Found support above its 50 DMA line during its orderly consolidation since last noted in the 2/22/12 mid-day report - "It has earned high ranks however its earnings history is not a good match with the fact-based system's guidelines. Went through a long consolidation and slumped below its 200 DMA line from the old high which was hit when noted in the 12/07/10 mid-day report - 'Extended from prior chart highs in the $25-26 area. It rallied from an inverse-head-and-shoulders type pattern since finding support at its 200 DMA following the previously noted 'breakaway gap' on 4/27/10. Leadership in the Auto/Truck - Replacement Parts group (L criteria) is a reassuring sign. The C criteria is satisfied as recent quarterly comparisons show earnings increases above the +25% guideline on +15%-20% better sales versus the year ago period. Its up and down annual earnings history (A criteria) is a concern.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
DPZ - NYSE - Retail-Restaurants Dominos Pizza Inc	$40.56	+0.42 1.05%	$40.86	$42.21	-3.91%	730,063 80.59%	905,900
Most Recent Note for DPZ - 3/21/2012 12:49:53 PM Perched near its new 52-week high hit with a volume-driven gain on 3/19/12. Cleared an 11-week "double bottom" base pattern on 2/28/12, and prior mid-day reports noted - "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 \| Chart \| C A N S L I M
DSW - NYSE - RETAIL - Apparel Stores D S W Inc	$55.85	-0.28 -0.50%	$56.49	$57.06	-2.12%	386,852 81.43%	475,100
Most Recent Note for DSW - 3/21/2012 12:51:13 PM Recently encountered distributional pressure near its all-time highs, meanwhile no resistance remains due to overhead supply. The 3/19/12 mid-day report noted - "Recent quarterly comparisons and earnings had improved greatly, but the Oct '11 period showed earnings +11% on +8% sales revenues, below the guidelines of the fact-based system, and a downturn in FY '08 & '09 annual earnings (A criteria) history is another fundamental flaw."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FRME - NASDAQ - BANKING - Regional - Midwest Banks First Merchants Corp Mun	$11.89	+0.13 1.11%	$11.98	$12.00	-0.92%	293,335 322.35%	91,000
Most Recent Note for FRME - 3/21/2012 12:53:20 PM Today's impressive volume-driven gain helped it hit another new 52-week high. The 3/05/12 mid-day report noted - "Shrinking sales revenues and erratic quarterly and annual earnings history are not a match with the fact-based investment system's guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
KED - NYSE - Finance-Investment Mgmt Kayne Anderson Engy Dvlp	$24.69	-0.24 -0.96%	$25.11	$25.75	-4.12%	84,475 112.18%	75,300
Most Recent Note for KED - 3/21/2012 12:54:10 PM Consolidating after reaching a new 52-week high last week. 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 \| Chart \| C A N S L I M
KORS - NYSE - RETAIL - Apparel Stores Michael Kors Hldgs Ltd	$48.75	+0.66 1.37%	$49.25	$50.69	-3.83%	1,548,514 85.41%	1,813,000
Most Recent Note for KORS - 3/21/2012 12:56:22 PM Consolidating since already proposing a Secondary Offering on 3/09/12 while at an all-time high. 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 \| Chart \| C A N S L I M
OABC - NASDAQ - BANKING - Regional - Southwest Banks Omniamerican Bancorp	$19.25	+0.13 0.68%	$19.28	$19.64	-1.99%	21,738 97.04%	22,400
Most Recent Note for OABC - 3/21/2012 1:02:34 PM Hovering near its 52-week high after recent volume-driven gains. Prior mid-day reports noted - "Recent quarters showed better earnings versus the year earlier, however unimpressive sales revenues growth suggests no great demand for new (N criteria) products or services."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SIM - AMEX - METALS & MINING - Steel & Iron Grupo Simec Sab Cv Ads	$9.31	-0.16 -1.69%	$9.52	$9.74	-4.41%	30,628 108.23%	28,300
Most Recent Note for SIM - 3/21/2012 1:03:40 PM Perched near its 52-week high, pulling back today on higher volume after recently rallying with no resistance remaining due to overhead supply. Prior mid-day reports noted - "Quarterly and annual earnings history is not a match with the guidelines for the C & A criteria."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
TYL - NYSE - COMPUTER SOFTWARE & SERVICES - Information Technology Service Tyler Technologies Inc	$37.74	+0.39 1.04%	$37.97	$39.43	-4.29%	132,060 78.51%	168,200
Most Recent Note for TYL - 3/21/2012 1:07:57 PM Consolidating in a tight range for the past few weeks near its 52-week high and above its 50 DMA line. Reported earnings +29% on +13% sales revenues for the quarter ended December 31, 2011 versus the year ago period, following 2 quarterly comparisons with sub par sales revenues increases and earnings increases. Last noted in the 2/03/12 mid day report - "It survived but failed to impress, and fundamentals today are below guidelines. The Computer-Tech Services firm was dropped from the Featured Stocks list on 9/24/08 due to technical weakness."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C 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.