Mid-Day Breakouts Report - Thursday, April 21st, 2011

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MIDDAY BREAKOUTS REPORT - THURSDAY, APRIL 21ST, 2011
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DOW 12477.15 23.61 (0.19%) | NASDAQ 2815.3 12.79 (0.46%) | S&P 500 1336.38 6.02 (0.45%)

Time of Screening : 4/21/2011 12:11:15 PM Report Released : 4/21/2011 1:56:08 PM
Price is: Above 52W High and Less Than 52W High but within 7% 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

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
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
CMG - NYSE Chipotle Mexican Grill	$277.56	-10.54 -3.66%	$283.00	2,342,431 211.26% of 50 DAV 50 DAV is 1,108,800	$289.35 -4.07%	4/1/2011	$274.00	PP = $275.10 MB = $288.86
Most Recent Note - 4/21/2011 12:39:47 PM G - Gapped down today after reporting earnings +23% on +24% sales revenues for the quarter ended March 31, 2011 versus the year ago period. It marked its weakest earning increase in years, and slumping below the +25% guideline raises fundamental concerns. Its color code was changed to green. Volume and volatility often increase near earnings news. On the prior session its gain with +61% above average volume had helped it rally for a new high and confirmed a technical buy signal. Its 50 DMA line ($261.20 now) defines important chart support to watch. >>> The latest Featured Stock Update with an annotated graph appeared on 4/13/2011. Click here.
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INFA - NASDAQ Informatica Corp	$53.24	+0.24 0.45%	$53.43	720,670 81.83% of 50 DAV 50 DAV is 880,700	$53.95 -1.32%	3/24/2011	$50.04	PP = $49.86 MB = $52.35
Most Recent Note - 4/21/2011 1:23:37 PM G - Due to report earnings after the close today. It is perched at its 52-week high, above its "max buy" level. Prior highs in the $49 area define support to watch coinciding with its 50 DMA line. >>> The latest Featured Stock Update with an annotated graph appeared on 3/28/2011. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ASMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate A S M International Adr	$39.70	+0.14 0.35%	$40.04	$41.92	-5.30%	97,630 107.05%	91,200
Most Recent Note for ASMI - 4/21/2011 12:29:46 PM Perched within close striking distance of its 52-week high after recovering back above its 50 DMA line this week. It found support near its 2008 high ($33.60) in recent weeks when enduring distributional pressure. Prior mid-day reports noted - "Recent quarters show sales and earnings improving but prior history is below the fact-based system's guidelines. Quarterly and annual earnings results include blue triangles beside the reported earnings figures - the blue triangles are symbols indicating that pre-tax, non-recurring items were included (where possible, such items are normally removed to provide data better suited for comparison)."
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BIIB - NASDAQ - DRUGS - Biotechnology Biogen Idec Inc	$104.21	+17.64 20.38%	$106.99	$106.99	-2.60%	11,240,755 578.26%	1,943,900
Most Recent Note for BIIB - 4/21/2011 12:32:18 PM Gapped up today for a new 52-week and multi-year high today. Reported earnings +32% on +9% sales for the quarter ended March 31, 2011 versus the year ago period. Held its ground and kept rising following the considerable 4/11/11 gap up gain on heavy volume. Prior mid-day reports recently noted - "Earnings and sales growth history is below the guidelines of the fact-based investment system, still. It survived but failed to impress since last noted in October 2007 mid-day reports after a huge gap up on news if had interested buyers including Carl Icahn."
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BJRI - NASDAQ - LEISURE - Restaurants B J S Restaurants Inc	$46.14	+2.69 6.19%	$46.56	$46.56	-0.90%	467,156 169.32%	275,900
Most Recent Note for BJRI - 4/21/2011 12:35:25 PM Considerable gain today, as no resistance remains due to overhead supply, it is rallying to new 52-week and all-time highs. Recent mid-day reports noted - "The restaurant company's quarterly earnings show recent acceleration, but its annual earnings (A criteria) history comes in below the investment system's strict guidelines."
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CCK - NYSE - CONSUMER NON-DURABLES - Packaging & Containers Crown Holdings Inc	$37.69	-0.06 -0.16%	$38.29	$40.00	-5.78%	1,190,981 108.51%	1,097,600
Most Recent Note for CCK - 4/21/2011 12:38:54 PM Touched a new 52-week high on the prior session, then negatively reversed and violated its 50 DMA line with a loss on heavy volume. It has shown strong steady annual earnings growth (good A criteria) however sales revenues have not grown in recent years while quarterly earnings results were mostly below the +25% guideline. It survived but failed to impress since long ago noted in the 7/18/08 mid-day report and earlier reports.
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CPHD - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Cepheid	$30.19	-0.52 -1.69%	$31.00	$31.00	-2.61%	757,921 213.20%	355,500
Most Recent Note for CPHD - 4/21/2011 12:43:44 PM Touched a new 52-week high today, extended from any sound base pattern. Reported 8 cents per share in earnings, versus a year ago loss of one cent per share, with a +25% increase in sales revenues for the quarter ended March 31, 2011. Prior mid-day reports noted - "Its prior earnings history (bad A criteria) has been poor."
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CSX - NYSE - TRANSPORTATION - Railroads C S X Corp	$75.29	+1.26 1.70%	$75.65	$80.42	-6.38%	2,785,514 82.34%	3,383,100
Most Recent Note for CSX - 4/21/2011 12:53:28 PM Trading near its 50 DMA line today after reporting earnings +36% on +13% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Violated its 50 DMA line on the prior session, marking its first breach of that short-term average since rallying above its 2008 high ($70) as noted in 2 March 2011 mid-day reports - "Annual earnings history (A criteria) has not been strong and steady. Long ago, weak technical action prompted its removal from the Featured Stocks list on 7/02/08 after it made limited progress since the 5/01/08 analysis with annotated graph was published (read here). It actually made good progress after it gapped up and was first featured in the 4/16/08 CANSLIM.net Mid-Day BreakOuts Report rising from a '3-weeks tight' type of chart pattern (read here)."
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CYD - NYSE - MANUFACTURING - Diversified Machinery China Yuchai Intl Ltd	$32.30	+1.32 4.26%	$32.44	$32.98	-2.06%	268,034 83.58%	320,700
Most Recent Note for CYD - 4/21/2011 12:56:00 PM Rallying toward its 52-week high, with little resistance remaining due to overhead supply now. Last noted in the 4/08/11 mid day report - "This Singapore-based maker of diesel engines for trucks and busses in China has an erratic earnings history. Up and down annual earnings (A criteria) leaves fundamental concerns."
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DOV - NYSE - CONGLOMERATES - Conglomerates Dover Corp	$68.26	+1.07 1.59%	$69.25	$69.25	-1.43%	1,036,595 77.73%	1,333,600
Most Recent Note for DOV - 4/21/2011 1:01:33 PM Volume-driven gains this week helped it technically rally above prior resistance in the $67-68 area to a new 52-week high. Sales revenues and earnings increases in recent quarterly comparisons have been strong enough to satisfy the C criteria, but concerns are raised by a downturn in FY '09 earnings (A criteria) and a streak of negative comparisons.
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EXPO - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services Exponent Inc	$43.85	+1.15 2.69%	$44.61	$45.53	-3.69%	56,141 99.72%	56,300
Most Recent Note for EXPO - 4/21/2011 1:06:25 PM Rallying back toward its 52-week high today after consolidating above prior highs and its 50 DMA line defining support in the $41 area. Reported earnings +26% on +24% sales revenues for the quarter ended March 31, 2011 versus the year ago period, near the investment system's minimum guidelines for buy candidates. The 3/22/11 mid-day report noted - "Rising this week from an orderly flat base. No overhead supply remains to act as resistance. The 2 most recent quarterly comparisons (Sep and Dec '10) show improving sales and earnings, but its prior earnings and sales history was below the investment system guidelines and Street estimates for FY '11 and FY '12 are calling for earnings growth only in the +4-7% range. It survived but failed to impress since weak technical action was noted and it was dropped from the Featured Stocks list on 6/11/08."
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GDI - NYSE - Machinery-Gen Industrial Gardner Denver Holdings	$81.82	+2.62 3.30%	$86.82	$86.82	-5.76%	1,095,947 287.65%	381,000
Most Recent Note for GDI - 4/21/2011 1:12:29 PM Hit a new all-time high today with a considerable volume-driven gain after reporting earnings +85% on +26% sales revenues for the quarter ended March 31, 2011 versus the year ago period. It consolidated under its 50 DMA line then rallied back to new highs since last noted in the 1/26/11 mid-day report - "Its 2 latest quarterly earnings improved above the +25%* guideline but its prior history has been below guidelines."*
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IL - NYSE - COMPUTER SOFTWARE & SERVICES - Business Software & Services Intralinks Holdings Inc	$30.51	-0.40 -1.29%	$32.19	$32.19	-5.22%	930,640 126.84%	733,700
Most Recent Note for IL - 4/21/2011 1:17:11 PM Perched at its 52-week high following a considerable gain with heavy volume noted yesterday. The 4/18/11 mid-day report noted - "Consolidating in an orderly fashion above its 50 DMA line, building an orderly base. It completed its 8/06/10 IPO at $10 and additional Public Offerings on 12/06/10 and 4/07/11 at higher levels. Recent quarterly comparisons show strong sales and earnings increases versus the year-ago period, but its prior history earnings history has not been strong and steady. Growth should be strong and steady in the recent 3-5 year period to satisfy the A criteria of the investment system. "
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IMRS - NASDAQ - HEALTH SERVICES - Medical Appliances & Equipment Imris Inc	$8.18	-0.07 -0.85%	$8.30	$8.42	-2.85%	145,651 134.61%	108,200
Most Recent Note for IMRS - 4/21/2011 1:20:35 PM Challenged its 52-week high with a volume-driven gain on the prior session. The 4/11/11 mid-day report noted - "This low-priced Canada-based Medical - Systems/Equipment firm's sales revenues and earnings history is below the investment system guidelines."
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ININ - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Interactive Intelligence	$40.74	+0.58 1.44%	$40.87	$40.87	-0.32%	74,025 76.95%	96,200
Most Recent Note for ININ - 4/21/2011 1:29:56 PM Hit a new 52-week and all-time high today. Due to report earnings after the close on Monday, April 25th. Found support at its 50 DMA line during its consolidation since last noted in the 2/08/11 mid-day report and earlier reports - "No overhead supply remains to hinder its progress. Recent quarterly comparisons showed sales revenues accelerating from flat or single digit percentages. The downward turn in its FY '08 earnings (bad A criteria) is a concern. Weak technical action prompted its removal from the Featured Stocks list on 1/7/08, shortly after it had been featured in the December 2007 issue of CANSLIM.net News (read here).'"
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INTX - NASDAQ - FINANCIAL SERVICES - Credit Services Intersections Inc	$15.00	+0.05 0.33%	$15.10	$15.98	-6.13%	24,780 76.48%	32,400
Most Recent Note for INTX - 4/21/2011 1:31:00 PM Holding its ground after a streak of 7 consecutive volume-driven gains, perched near its 52-week high today with no resistance remaining due to overhead supply. Prior mid-day reports noted - "Quarterly earnings increases have been strong in recent comparisons although sales revenues increases have been only in the +1-7% range and its annual earnings (A criteria) history includes a downturn in FY '09 earnings, leaving fundamental concerns."
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MTZ - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction Mastec Inc	$22.09	+0.69 3.22%	$22.16	$22.47	-1.69%	805,086 84.62%	951,400
Most Recent Note for MTZ - 4/21/2011 1:32:43 PM Hit a new 52-week high today with above average volume behind a considerable gain. A spurt of volume-driven gains helped it recently trade above its 2001 high, and it was last noted in the 3/21/11 mid-day report - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
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RIC - AMEX - METALS & MINING - Gold Richmont Mines Inc	$9.05	+0.31 3.54%	$9.33	$393.00	-97.70%	592,099 236.56%	250,300
Most Recent Note for RIC - 4/21/2011 1:33:46 PM Gapped up and hit another new 52-week high today. On 4/20/11 it was noted - "Extended from any sound base pattern after numerous volume-driven gains in the past 2 months. Recent quarterly comparisons show sales revenues and earnings improvement, but its prior earnings history is below the investment system guidelines."
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SILC - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev Silicom Ltd	$21.33	+0.55 2.67%	$21.91	$21.91	-2.63%	40,576 124.47%	32,600
Most Recent Note for SILC - 4/21/2011 1:36:39 PM Gapped up for a new 52-week high today then and reversed into the red after reporting earnings +92% on +43% sales revenues for the quarter ended March 31, 2011 versus the year ago period. This Israeli manufacturer of Computer- Networking devices had slumped below its 50 DMA line since noted in the 1/28/11 mid-day report - "The 3 latest quarterly comparisons show improving sales and earnings, but prior earnings history (A criteria had a downturn in FY '09) has been below the fact-based investment system's guidelines."
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SOHU - NASDAQ - INTERNET - Internet Information Providers Sohu.com Inc	$96.33	+1.42 1.50%	$96.98	$102.42	-5.95%	1,424,930 108.68%	1,311,100
Most Recent Note for SOHU - 4/21/2011 1:39:49 PM Hit new all-time highs this week and churning heavy volume in recent weeks while making gradual progress above its February high and June 2008 all-time high ($91.50). Found support near its 50 DMA line during its consolidation in March. Due to report earnings on Monday, April 25th. Recent quarterly comparisons showed sales and earnings acceleration, yet it has been noted - "Earnings history (C and A criteria) has been below guidelines of the fact-based investment system."
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ST - NYSE - ELECTRONICS - Semiconductor Equipment & Mate Sensata Technologies Hdg	$33.39	+0.47 1.43%	$33.80	$35.87	-6.91%	834,651 78.76%	1,059,800
Most Recent Note for ST - 4/21/2011 1:40:33 PM Finding support near its 50 DMA line. No overhead supply exists to act as resistance. It completed Secondary Offerings on 2/18/11 and 11/12/10. Prior mid-day reports noted - "Strong quarterly earnings and sales increases satisfy the C criteria. Prior to its $18* IPO on 3/11/10 its showed operating losses (not a good A criteria)."*
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TCBI - NASDAQ - BANKING - Regional - Southwest Banks Texas Capital Bancshares	$25.49	+1.07 4.38%	$25.91	$26.79	-4.85%	352,711 130.68%	269,900
Most Recent Note for TCBI - 4/21/2011 1:44:05 PM Gapped up above its 50 DMA line today. Reported earnings +48% on +9% sales revenues for the quarter ended March 31, 2011 versus the year ago period. The 2/24/11 mid-day report noted - "Recent quarters showed better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system. It survived but failed to impress since last noted in the 2/07/05 mid-day report."
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TRS - NASDAQ - MANUFACTURING - Diversified Trimas Corp	$23.99	+0.05 0.21%	$24.35	$24.35	-1.48%	245,201 137.99%	177,700
Most Recent Note for TRS - 4/21/2011 1:45:48 PM Holding its ground today after completing a Secondary Offering on 4/20/11 as it technically broke out above prior highs in the $22-23 area that defined stubborn resistance in recent months. On 4/20/11 it was noted - "Recent quarterly comparisons show sales and earnings improving, but prior history is below the fact-based system's guidelines. It is up more than 20-fold from a low below $1.00* in March '09."*
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TSCO - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other Tractor Supply Co	$62.38	-0.59 -0.94%	$65.00	$65.00	-4.03%	1,160,162 170.01%	682,400
Most Recent Note for TSCO - 4/21/2011 1:49:01 PM Gapped up today and touched a new all-time high then reversed into the red. Reported earnings +71% on +18% sales revenues for the quarter ended March 31, 2011 versus the year ago period. It is extended from any sound base and above its 50 DMA line which acted as support as it made steady progress since noted in the 3/04/11 mid-day report - "No resistance remains due to overhead supply while it rises from a riskier late-stage base. Recent quarterly comparisons show strong earnings (good C criteria) with sales revenues growth improving by +20% in the quarter ended Dec 31, 2010, better than prior sub-par revenues increases. TSCO was long ago featured in the June '03 CANSLIM.net News."
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TZOO - NASDAQ - COMPUTER SOFTWARE & SERVICES - Information Technology Service Travelzoo Inc	$91.81	+17.94 24.29%	$95.14	$95.14	-3.50%	2,341,087 369.61%	633,400
Most Recent Note for TZOO - 4/21/2011 1:51:53 PM Gapped up in today for a new 52-week high after reporting earnings +147% on +30% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Last noted in the 4/14/11 mid-day report - "It has the look of a 'climax run' and has been repeatedly noted as very extended from any sound base pattern. Considerable volume-driven gains helped it rally above prior resistance in the $53 area following a deep "V" shaped consolidation below its 50 DMA line that was noted as not a sound base pattern. After a very impressive rally from August '10 lows near $14 and January 2009 low of $3.72 per share. Recent quarterly comparisons show sales and earnings improving but its prior earnings history is below guidelines."
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UNH - NYSE - HEALTH SERVICES - Health Care Plans Unitedhealth Group Inc	$47.90	+3.66 8.27%	$48.90	$48.90	-2.04%	12,017,526 219.89%	5,465,300
Most Recent Note for UNH - 4/21/2011 1:54:04 PM Gapped up today and hit a new 52-week high after reporting earnings +18% on +10% sales revenues for the quarter ended March 31, 2011 versus the year ago period. It survived but failed to impress since it was dropped from the CANSLIM.net Featured Stocks List on 3/13/06.
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UTEK - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Ultratech Inc	$29.46	+2.44 9.03%	$30.33	$30.33	-2.87%	969,981 405.51%	239,200
Most Recent Note for UTEK - 4/21/2011 1:55:51 PM Considerable gain today with heavy volume, spiking to a new 52-week high. Found prompt support near its 50 DMA line during its pullback since last noted in the 4/01/11 mid-day report - "Recent quarters show sales and earnings improving but prior history is below the fact-based system's guidelines."
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