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, January 28, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - WEDNESDAY, MARCH 23RD, 2022
Previous Mid Day Report Next Mid Day Report >>>

DOW 34537.64 -269.82 (-0.78%) | NASDAQ 14120.01 11.19 (0.08%) | S&P 500 4494.25 -17.36 (-0.38%)
Time of Screening : 3/23/2022 12:15:38 PM         Report Released : 3/23/2022 12:55:30 PM
Price is: Above 52W High and Less Than 52W High but within 15% 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


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
$87.47 -0.09
-0.10%
$89.53 $87.99 -0.59% 3,430,301
91.50%
3,749,000
Most Recent Note for ADM - 3/23/2022 12:17:43 PM
Hitting a new 52-week high with today's 5th consecutive gain, getting very extended from its 50 DMA line ($77.38). Noted in prior 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
AOSL - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Alpha & Omega Semicondtr
$66.69 +2.96
4.64%
$67.07 $64.00 4.20% 722,109
111.95%
645,000
Most Recent Note for AOSL - 3/23/2022 12:20:28 PM
This Chinese Semiconductor firm is hitting new all-time highs with today's 2nd consecutive volume-driven gain. Quarterly results through Dec '21 versus the year ago periods have shown strong sales revenues and earnings increases above the +25% minimum guideline. There was a big downturn in FY '20 earnings which is not a match with the fact-based investment system's strict fundamental guideline (A criteria).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BMO - NYSE - BANKING - Money Center Banks
Bank Of Montreal Quebec
$118.73 -3.61
-2.95%
$118.94 $122.77 -3.29% 608,925
62.91%
968,000
Most Recent Note for BMO - 3/23/2022 12:23:50 PM
Gapped down today from all-time highs after 8 consecutive gains. Its 50 DMA line ($116) and prior lows ($108) define near-term support to watch. Fundamental concerns remain for this Canada-based Bank.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CAPL - NYSE - Oil&Gas-Refining/Mktg
CrossAmerica Partners LP
$21.60 +0.37
1.74%
$22.00 $23.24 -7.06% 60,506
112.05%
54,000
Most Recent Note for CAPL - 3/23/2022 12:25:11 PM
Today's 6th consecutive gain backed by heavier volume has it approaching prior highs in the $22-23 area. Fundamental concerns remain.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CNC - NYSE - HEALTH SERVICES - Health Care Plans
Centene Corp
$83.91 -3.66
-4.18%
$85.50 $88.61 -5.30% 2,529,789
88.58%
2,856,000
Most Recent Note for CNC - 3/23/2022 12:29:33 PM
Gapped down today, retreating from its all-time high after recently wedging higher with gains lacking volume conviction. Reported earnings +120% on +15% sales revenues for the Dec '21 quarter versus the year ago period. Prior 2 quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been steady. Shares split 2:1 on 2/07/19 and also 2:1 back on 2/20/15. Completed a new Public Offering on 5/03/18.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CPG - NYSE - Oil&Gas-Cdn Expl&Prod
Crescent Point Energy
$7.58 +0.24
3.27%
$7.63 $7.84 -3.32% 5,257,573
64.21%
8,188,000
Most Recent Note for CPG - 3/23/2022 12:32:50 PM
Approaching its 52-week high with today's 3rd consecutive gain. Held its ground near its 50 DMA line during a pullback since last noted in the 3/01/22 mid-day report - "Recently rallied from support at its 200 DMA line. Fundamental concerns remain for this low-priced Canadian Oil & Gas firm due to its erratic earnings history."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CSAN - NYSE - Oil&Gas-Refining/Mktg
Cosan S A Ads
$19.67 +0.74
3.91%
$19.67 $21.30 -7.65% 119,705
73.89%
162,000
Most Recent Note for CSAN - 3/23/2022 12:33:17 PM
Approaching 2021 highs with today's 6th consecutive volume-driven gain. Earnings history has been erratic, not a match with 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  
DAR - NYSE - Agricultural Operations
Darling International
$79.96 -1.93
-2.36%
$83.73 $85.98 -7.00% 1,176,084
85.53%
1,375,000
Most Recent Note for DAR - 3/23/2022 12:35:34 PM
Rebounding toward its all-time high this week with volume-driven gains. The prior mid-day report noted - "Still faces some resistance due to overhead supply up to the $85 level. Reported earnings +109% on +28% sales revenues for the Dec '21 quarter versus the year ago period, its 4th strong quarterly comparison showing solid sales revenues and earnings increases. Annual earnings growth (A criteria) has been strong after a downturn in FY '16 and '17."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
EGY - NYSE - ENERGY - Independent Oil & Gas
Vaalco Energy Inc
$6.84 +0.55
8.74%
$6.94 $7.41 -7.69% 1,068,706
98.05%
1,090,000
Most Recent Note for EGY - 3/23/2022 12:40:08 PM
Rebounding near its 52-week high with today's 3rd consecutive gain. Found prompt support above its 50 DMA line ($5.27) since last noted with caution in the 3/10/22 mid-day report. For the Dec '21 quarter it reported 21 cents in earnings per share versus a 10 cents per share loss on +349% sales revenues versus the year ago period. Prior mid-day reports noted - "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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FRBA - NASDAQ - Banks-Northeast
First Bank NJ
$14.17 -0.15
-1.05%
$14.32 $15.90 -10.88% 23,254
68.39%
34,000
Most Recent Note for FRBA - 3/23/2022 12:42:53 PM
Hovering in a tight range near its 52-week high, stubbornly holding its ground since last noted with caution in the 6/22/21 mid-day report. Reported Dec '21 quarterly earnings +29% on +1% sales revenues versus the year ago period, and prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria) but with sub par sales revenues growth. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ICL - NYSE - Chemicals-Agricultural
I C L Group Ltd
$11.92 +0.33
2.85%
$11.99 $12.21 -2.38% 521,425
68.79%
758,000
Most Recent Note for ICL - 3/23/2022 12:43:54 PM
Perched near its 52-week high following recent volume-driven gains rallying from support at its 50 DMA line ($10.46). 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.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PANL - NASDAQ - Transportation-Ship
Pangaea Logistics Solutions
$5.72 +0.04
0.70%
$5.76 $6.20 -7.74% 291,609
73.45%
397,000
Most Recent Note for PANL - 3/23/2022 12:44:58 PM
Churned heavy volume with a wider than usual intra-day trading range in recent weeks while still remaining perched within striking distance of its 52-week high. Reported Dec '21 quarterly earnings +300% on +108% sales revenues versus the year ago period, its 4th very strong comparison. Fundamental concerns remain due to its up and down annual earnings A criteria) history. Went through a deep consolidation since noted with caution in the 9/17/21 mid-day report.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PSTG - NYSE - Computer-Data Storage
Pure Storage Inc Cl A
$34.62 -0.64
-1.80%
$34.90 $35.71 -3.07% 2,396,201
59.53%
4,025,000
Most Recent Note for PSTG - 3/23/2022 12:46:56 PM
Paused after recently wedging to a new 52-week high. Stubbornly held its ground following a gap up on 3/03/22 rebounding above its 50 DMA line. Found prompt support near its 200 DMA line in recent weeks. Reported very strong Jul, Oct '21, and Jan '22 quarterly results versus the year ago periods. Prior earnings history (A criteria) is not a good match with 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  
REI - AMEX - Oil&Gas-U S Expl&Prod
Ring Energy Inc
$3.66 +0.17
4.87%
$3.70 $4.16 -12.02% 2,015,812
71.69%
2,812,000
Most Recent Note for REI - 3/23/2022 12:50:44 PM
Sputtering since a noted "negative reversal" on 3/08/22 when challenging multi-year highs. Reported Dec '21 quarterly earnings +43% on +90% sales revenues versus the year ago period, its 3rd strong quarterly comparison. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RWAY - NASDAQ - Finance-Commercial Loans
Runway Growth Finance
$14.30 +0.17
1.20%
$14.35 $14.19 0.78% 91,501
87.14%
105,000
Most Recent Note for RWAY - 3/23/2022 12:52:38 PM
Hitting a new 52-week high with today's 2nd consecutive volume-driven gain. This VC firm has a limited history since its 10/21/21 IPO at $14.63 and sub par fundamentals are a concern.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TCN - NYSE - Real Estate Dvlpmt/Ops
Tricon Residential Inc
$16.96 -0.05
-0.30%
$17.23 $17.03 -0.42% 846,885
120.81%
701,000
Most Recent Note for TCN - 3/23/2022 12:53:44 PM
Reversed into the red after hitting yet another new 52-week high today following a noted spurt of gains. 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 earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
Y - NYSE - INSURANCE - Surety & Title Insurance
Alleghany Corp
$842.30 -0.50
-0.06%
$843.44 $853.21 -1.28% 118,255
119.45%
99,000
Most Recent Note for Y - 3/23/2022 12:55:22 PM
Insurance - Property/Casualty/Title firm gapped up on 3/21/22 following M&A news. It has not shown strong and steady earnings growth meeting the fact-based investment system's fundamental guidelines (C and A criteria).
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