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 MIDDAY BREAKOUTS REPORT - FRIDAY, APRIL 17TH, 2020
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DOW 23914.71 377.03 (1.60%) | NASDAQ 8569.37 37.01 (0.43%) | S&P 500 2841.02 41.47 (1.48%)
Time of Screening : 4/17/2020 12:31:22 PM         Report Released : 4/17/2020 1:13:20 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
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
NFLX - NASDAQ
Netflix Inc
$417.93 -21.24
-4.84%
$432.00 7,182,458
89.52% of 50 DAV
50 DAV is 8,023,000
$449.52
-7.03%
4/13/2020 $393.60 PP = $393.62
MB = $413.30
Most Recent Note - 4/17/2020 1:00:26 PM
G - Pulling back from its new all-time high with today's loss following 4 consecutive volume-driven gains. Quickly got extended from the previously noted base. Disciplined investors avoid chasing stocks that are extended more than +5% above the pivot point. Due to report earnings news on 4/21/20. Volume and volatility often increase near earnings news.
>>> The latest Featured Stock Update with an annotated graph appeared on 4/13/2020. 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
ABT - NYSE - DRUGS - Drug Manufacturers - Major
Abbott Laboratories
$96.00 +0.00
0.00%
$97.75 $96.99 -1.02% 7,992,238
74.46%
10,734,000
Most Recent Note for ABT - 4/17/2020 12:32:48 PM
Hit another new 52-week high with today's 4th consecutive volume-driven gain. Bullish action has followed a gap up and big volume-driven gain on 3/30/20 following approval of a rapid coronavirus test. Reported earnings +3% on +3% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly comparisons versus the year ago periods were below the +25% minimum guideline (C criteria).
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ACU - AMEX - HEALTH SERVICES - Medical Instruments & Supplies
Acme United Corp
$21.40 +1.31
6.52%
$21.49 $24.92 -14.13% 9,569
79.74%
12,000
Most Recent Note for ACU - 4/17/2020 12:36:15 PM
The past 3 quarterly comparisons through Mar '20 showed earnings increases above the +25% minimum guideline (C criteria) with sales revenues growth rate showing acceleration. Annual earnings (A criteria) history has been up and down, not a match with the fundamental guidelines of the fact-based investment system.
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AKG - AMEX - Mining-Gold/Silver/Gems
Asanko Gold Inc
$0.98 +0.01
1.02%
$0.99 $1.10 -11.02% 650,498
142.34%
457,000
Most Recent Note for AKG - 4/17/2020 12:36:54 PM
Fundamentals are sub par.
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AMED - NASDAQ - HEALTH SERVICES - Home Health Care
Amedisys Inc
$197.31 -16.50
-7.72%
$215.50 $218.44 -9.67% 242,414
76.96%
315,000
Most Recent Note for AMED - 4/17/2020 12:39:07 PM
Pulling back from its all-time high with today's loss after 6 consecutive gains. Made an impressive rebound after finding prompt support near its 200 DMA line. Reported earnings +3% on +15% sales revenues for the Dec '19 quarter, its 3rd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Annual earnings growth history (A criteria) has been strong following a drastic downturn in FY '12-13.
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AMZN - NASDAQ - INTERNET - Internet Software & Services
Amazon.com Inc
$2,352.90 -55.29
-2.30%
$2,400.00 $2,461.00 -4.39% 4,340,130
69.91%
6,208,000
Most Recent Note for AMZN - 4/17/2020 12:41:04 PM
Pulling back from its new all time high with today's loss following an impressive spurt of 4 consecutive gains this week. Prior mid-day reports cautioned members - "Reported earnings +7% on +21% sales revenues for the Dec '19 quarter, it 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria), not a match with the fact-based investment system's fundamental guidelines."
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CDNS - NASDAQ - Computer Sftwr-Design
Cadence Design Systems
$79.84 +1.25
1.59%
$80.46 $80.40 -0.70% 1,745,340
67.00%
2,605,000
Most Recent Note for CDNS - 4/17/2020 12:49:34 PM
Touched a new all-time high today. Rebounded impressively from below its 50 and 200 DMA lines following a deep consolidation but fundamental concerns remain. Due to report earnings news on 4/20/20. Noted with caution near its all-time high in the 2/13/20 mid-day report - "Reported earnings +4% on +5% sales revenues for the Dec '19 quarter, its 2nd consecutive quarterly earnings increase below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong and steady."
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DGICA - NASDAQ - Insurance-Prop/Cas/Titl
Donegal Group Inc Cl A
$14.89 -0.36
-2.36%
$15.25 $15.43 -3.50% 26,186
62.35%
42,000
Most Recent Note for DGICA - 4/17/2020 12:49:53 PM
After an abrupt pullback it rebounded near its 52-week high and has been consolidating. Prior mid-day reports cautioned members - "Prior quarterly sales revenues and earnings growth has not been strong and steady. Annual earnings (A criteria) history also has been up and down."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ELMD - AMEX - Medical-Systems/Equip
Electromed Inc
$13.69 +0.73
5.66%
$13.94 $14.00 -2.19% 108,020
73.99%
146,000
Most Recent Note for ELMD - 4/17/2020 12:51:01 PM
Perched at its 52-week high. Found prompt support near its 200 DMA line and rebounded impressively. Reported earnings +250% on +7% sales revenues for the quarter ended December 31, 2019 versus the year ago period, a 2nd strong quarterly comparison. Fundamental concerns remain as prior quarterly earnings increases were below the fact-based system's +25% minimum guideline (C criteria).
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JD - NASDAQ - Retail-Internet
JD.com Inc Cl A Ads
$45.48 -2.02
-4.25%
$47.98 $47.84 -4.93% 11,956,011
64.36%
18,576,000
Most Recent Note for JD - 4/17/2020 12:57:12 PM
Hit another new 52-week high today then reversed into the red following 5 consecutive gains. Found prompt support near its 200 DMA line in recent weeks. Faces some resistance due to old overhead supply up to the $50 level. This Chinese retailer reported earnings +14% on +22% sales revenues for the Dec '19 quarter, breaking a streak of much stronger increases in the 4 prior quarterly comparisons versus the year ago periods. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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MLNX - NASDAQ - ELECTRONICS - Semiconductor - Broad Line
Mellanox Technologies
$124.64 +0.00
0.00%
$124.75 $124.72 -0.06% 1,093,024
78.63%
1,390,000
Most Recent Note for MLNX - 4/17/2020 12:58:19 PM
Perched at its high. Previously noted M&A news with Nvidia (NVDA). Held its ground stubbornly since rebounding above its 50 and 200 DMA lines with big volume-driven gains. Due to report earnings news on 4/23/20. This Israel-based Electronics - Semiconductor firm reported earnings +63% with sales revenues +31% for the Dec '19 quarter versus the year ago period. Three of the past 4 comparisons were above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history included a downturn in FY '17, not a good match with the fact-based investment system's guidelines. It was dropped from the Featured Stocks list on 7/17/12.
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NOMD - NYSE - Food-Packaged
Nomad Foods Ltd
$19.75 +0.14
0.71%
$19.97 $23.06 -14.35% 977,979
63.67%
1,536,000
Most Recent Note for NOMD - 4/17/2020 1:02:45 PM
Reported earnings +9% on +0% sales revenues for the Dec '19 quarter. Prior earnings and sales revenues growth was not strong and steady.
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PW - AMEX - REAL ESTATE - REIT - Diversified/Industrial
Power REIT
$13.61 +0.48
3.66%
$14.41 $15.60 -12.76% 52,321
116.27%
45,000
Most Recent Note for PW - 4/17/2020 1:05:27 PM
Rebounded near its 52-week high after a deep pullback in recent weeks. Fundamental concerns remain as earnings increases in quarterly comparisons through Dec '19 were below the +25% minimum guideline (C criteria).
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RVP - AMEX - HEALTH SERVICES - Medical Instruments & Supplies
Retractable Technologies
$3.12 +0.13
4.35%
$3.45 $3.01 3.65% 1,006,502
281.15%
358,000
Most Recent Note for RVP - 4/17/2020 1:07:15 PM
Hitting yet another new 52-week high with today's big volume-driven gain adding to a recent spurt of volume-driven gains. Prior mid-day reports noted - "Prior quarterly and annual earnings (C and 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  
SFM - NASDAQ - Retail-Super/Mini Mkts
Sprouts Farmers Market
$20.78 +0.43
2.11%
$20.80 $24.06 -13.63% 1,619,213
59.29%
2,731,000
Most Recent Note for SFM - 4/17/2020 1:09:44 PM
Reported earnings +42% on +8% sales revenues for the Dec '19 quarter, but prior quarterly earnings comparisons were below the year ago period (negative) and well below the +25% minimum earnings guideline (C criteria).
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SNE - NYSE - CONSUMER DURABLES - Electronic Equipment
Sony Corp American Shrs
$63.99 +1.75
2.81%
$64.39 $73.86 -13.36% 2,118,225
133.56%
1,586,000
Most Recent Note for SNE - 4/17/2020 1:13:17 PM
This Japan-based giant in the Media- Diversified industry gapped up today and has rebounded above its 50 and 200 DMA lines with a streak of 4 consecutive volume-driven gains. Faces resistance due to overhead supply up to the $73 level. Fundamental concerns remain as when noted with caution in prior mid-day reports - "Prior quarterly and annual earnings (C and A criteria) history has been erratic and is not a match with the fact based investment system's fundamental guidelines."
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