Mid-Day Breakouts Report - Tuesday, March 23rd, 2021

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MIDDAY BREAKOUTS REPORT - TUESDAY, MARCH 23RD, 2021
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DOW 32692.04 -39.16 (-0.12%) | NASDAQ 13379.31 1.77 (0.01%) | S&P 500 3946.21 5.62 (0.14%)

Time of Screening : 3/23/2021 11:52:43 AM Report Released : 3/23/2021 12:17:23 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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
COWN - NASDAQ - Finance-Invest Bnk/Bkrs Cowen Group Inc Cl A	$38.10	-2.34 -5.78%	$40.28	$43.17	-11.76%	389,556 56.70%	687,000
Most Recent Note for COWN - 3/23/2021 11:55:36 AM Extended from any sound base. There was a "negative reversal" at its 52-week high when last noted with caution in the 3/11/21 mid-day report - "Reported very strong Jun, Sep and Dec '20 quarterly results well above +25% versus the year ago periods, helping it better match the C criteria. Up and down annual earnings history (A criteria) is not a match with the fact-based investment system's fundamental guidelines."
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DLA - AMEX - CONSUMER NON-DURABLES - Textile - Apparel Clothing Delta Apparel Inc	$25.91	-0.37 -1.39%	$26.38	$29.00	-10.67%	35,152 125.54%	28,000
Most Recent Note for DLA - 3/23/2021 11:56:25 AM Fundamental concerns remain. This Greenville, SC - based Apparel firm has been rebounding after deep consolidation since noted in the 12/19/19 mid-day report perched near its all-time high - "Prior comparisons versus the year ago periods have not been strong and steady above the +25% guideline (C criteria). Annual earnings (A criteria) history has been up and down."
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HIG - NYSE - INSURANCE - Property & Casualty Insurance Hartford Finl Svcs Grp	$66.00	-1.30 -1.92%	$67.25	$69.00	-4.36%	2,530,475 88.23%	2,868,000
Most Recent Note for HIG - 3/23/2021 11:56:55 AM Hold its ground stubbornly after spiking to new multi-year highs on 3/18/21 with a considerable volume-driven gain. Reported earnings +23% on -1% sales revenues for the Dec '20 quarter versus the year ago period. Prior quarters showed earnings increases below the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history.
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KAI - NYSE - Machinery-Gen Industrial Kadant Inc	$176.66	-0.48 -0.27%	$177.18	$183.95	-3.96%	32,212 70.03%	46,000
Most Recent Note for KAI - 3/23/2021 11:58:06 AM Stubbornly holding its ground perched at its all-time high, extended from any sound base. Found support at its 50 DMA line during prior consolidations. The 3/22/21 mid-day report noted - "Reported earnings +17% on -8% sales revenues for the Dec '20 quarter versus the year ago period and fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) history is below the guidelines of the fact-based investment system."
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LOB - NASDAQ - Banks-Southeast Live Oak Bancshares, Inc.	$63.80	-1.38 -2.11%	$64.84	$67.99	-6.17%	250,313 72.55%	345,000
Most Recent Note for LOB - 3/23/2021 11:59:00 AM Perched at its all-time high, extended from any sound base. Noted in prior mid-day reports - "Reported strong Sep and Dec '20 quarterly results but fundamental concerns remain. It was dropped from the Featured Stocks list on 9/12/18."
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MU - NASDAQ - ELECTRONICS - Semiconductor - Memory Chips Micron Technology Inc	$87.81	-3.47 -3.80%	$91.27	$95.75	-8.29%	10,513,895 53.41%	19,684,000
Most Recent Note for MU - 3/23/2021 12:00:32 PM Pulling back from its 52-week high toward its 50 DMA line ($85.52) which has acted as support. It is extended from any sound base and prior mid-day reports cautioned members - "Reported earnings +63% on +12% sales revenues for the Nov '20 quarter versus the year ago period, its 2nd strong comparison. Prior quarterly comparisons had sub par sales revenues and earnings lower than the year ago periods. Annual earnings history (A criteria) has been erratic and below the fact-based system's guidelines."
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PFC - NASDAQ - Finance-Savings & Loan Premier Financial Corp	$32.85	-0.26 -0.79%	$33.05	$35.90	-8.50%	82,814 55.58%	149,000
Most Recent Note for PFC - 3/23/2021 12:03:05 PM Hovering near its 52-week and all-time highs hit with volume-driven gains when last noted in the 3/12/21 mid-day report with caution - "Two of the 3 latest quarterly comparisons through Dec '20 showed earnings increases above the +25% minimum guideline (C criteria) with strong sales revenues increases. Annual earnings history has been steady."
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PKX - NYSE - METALS & MINING - Steel & Iron P O S C O	$68.56	+1.37 2.04%	$69.11	$70.58	-2.86%	200,558 102.33%	196,000
Most Recent Note for PKX - 3/23/2021 12:07:51 PM This South Korean firm in the Steel Producers industry group is perched at multi-year highs. Prior mid-day reports repeatedly cautioned members - "Quarterly and annual earnings (C and A criteria) history has not been a match with the fundamental guidelines of the fact-based system."
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SIVB - NASDAQ - BANKING - Regional - Pacific Banks S V B Financial Group	$501.81	-9.95 -1.94%	$509.18	$577.06	-13.04%	655,524 134.88%	486,000
Most Recent Note for SIVB - 3/23/2021 12:09:50 PM Retreating abruptly from its 52-week high and undercutting its 50 DMA line ($500) with today's 3rd consecutive volume-driven loss. Last noted with caution in the 1/22/21 mid-day report - "Reported earnings +43% on +36% sales revenues for the Dec '20 quarter versus the year ago period, its 2nd strong comparison. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Went through a deep consolidation since dropped from the Featured Stocks list on 10/23/18."
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THC - NYSE - HEALTH SERVICES - Hospitals Tenet Healthcare Corp	$52.15	-2.66 -4.85%	$53.84	$57.88	-9.90%	507,020 51.11%	992,000
Most Recent Note for THC - 3/23/2021 12:11:19 PM Pulling back from multi-year highs toward its 50 DMA line ($51.13) Noted with caution in prior mid-day reports - "Reported earnings +397% on +2% sales revenues for the Dec '20 quarter versus the year-ago period. Fundamental concerns remain due to sub par sales revenues growth not meeting the guidelines of the fact-based investment system."
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TME - NYSE - INTERNET - Content Tencent Music Entertainment Group ADS	$31.39	+0.52 1.68%	$32.25	$31.12	0.87%	12,086,047 80.32%	15,047,000
Most Recent Note for TME - 3/23/2021 12:14:52 PM Reported Dec '20 quarterly earnings +9% on +22% sales revenues versus the year ago period. Fundamental concerns remain. Hitting new all-time highs with today's 6th consecutive volume-driven gain. Found support at its 50 DMA line during the consolidation after last noted in the 2/03/21 mid-day report. Completed its $13 IPO on 12/12/18.
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WES - NYSE - ENERGY - Oil &; Gas Pipelines Western Gas Partners Lp	$17.87	-0.38 -2.08%	$18.14	$20.90	-14.50%	961,772 53.08%	1,812,000
Most Recent Note for WES - 3/23/2021 12:16:29 PM Pulling back after proposing a Secondary Offering. The 3/10/21 mid-day report last cautioned members - "Reported earnings +0% on -10% sales revenues for the Dec '20 quarter versus the year ago period. Fundamental concerns remain. This Limited Partnership's prior quarterly comparisons have shown great earnings increases, however sub par sales revenues growth and lackluster annual earnings (A criteria) history are below guidelines of the fact-based investment system."
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WSM - NYSE - RETAIL - Home Furnishing Stores Williams Sonoma Inc	$180.45	+0.45 0.25%	$184.32	$181.46	-0.56%	1,124,814 76.47%	1,471,000
Most Recent Note for WSM - 3/23/2021 12:17:16 PM Perched at its all-time high following 3 considerable volume-driven gains. Reported Jan '21 quarterly earnings +85% on +24% sales revenues versus the year ago period, its 3rd consecutive strong quarterly comparison showing acceleration. Prior growth history is not a great match with the fact-based investment system's fundamental guidelines.
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