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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, MAY 1ST, 2019
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DOW 26614.37 21.46 (0.08%) | NASDAQ 8118.59 23.2 (0.29%) | S&P 500 2946.43 0.6 (0.02%)
Time of Screening : 5/1/2019 1:25:59 PM         Report Released : 5/1/2019 1:47:37 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
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
SSNC - NASDAQ
S S & C Technologies
$59.58 -8.08
-11.94%
$61.77 6,158,855
90.57% of 50 DAV
50 DAV is 6,800,000
$67.73
-12.03%
2/15/2019 $59.73 PP = $61.07
MB = $64.12
Most Recent Note - 5/1/2019 1:44:01 PM
G - Reported earnings +72% on +170% sales revenues for the Mar '19 quarter and gapped down today violating its 50 DMA line, triggering a technical sell signal. Volume and volatility often increase near earnings news. A rebound above its 50 DMA line ($63.19) is needed for its outlook to improve.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/27/2019. 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
CHGG - NYSE - Consumer Svcs-Education
Chegg Inc
$35.56 -0.09
-0.25%
$36.14 $41.69 -14.70% 2,421,041
57.64%
4,200,000
Most Recent Note for CHGG - 5/1/2019 1:28:58 PM
Violated its 50 DMA line with a big volume-driven loss on the prior session. Quarterly and annual earnings (C annd A criteria) history has been strong.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CMCSA - NASDAQ - MEDIA - CATV Systems
Comcast Corp Cl A
$43.58 +0.05
0.10%
$43.80 $43.96 -0.88% 5,502,084
125.05%
4,400,000
Most Recent Note for CMCSA - 5/1/2019 1:30:28 PM
Perched near its 52-week and all-time highs. Reported earnings +17% on +18% sales revenues for the Mar '19 quarter. The 3 prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CSCO - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev
Cisco Systems Inc
$56.15 +0.20
0.36%
$56.20 $57.53 -2.40% 7,135,152
123.02%
5,800,000
Most Recent Note for CSCO - 5/1/2019 1:31:59 PM
Fundamentals (C and A criteria) remain a concern today, as when last noted in the 2/12/13 mid-day report..
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CY - NASDAQ - ELECTRONICS - Semiconductor - Broad Line
Cypress Semiconductor
$17.10 -0.08
-0.47%
$17.40 $18.59 -8.02% 1,551,302
81.65%
1,900,000
Most Recent Note for CY - 5/1/2019 1:32:18 PM
Reported earnings +0% on -7% sales revenues for the Mar '19 quarter. Prior mid-day reports cautioned members - "Recent quarters through Dec '18 showed deceleration in earnings increases and mostly sub par sales revenues growth below the investment system's fundamental guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DISCA - NASDAQ - MEDIA - Broadcasting - TV
Discovery Com Cl A
$30.94 +0.04
0.13%
$31.29 $34.89 -11.32% 2,131,562
60.90%
3,500,000
Most Recent Note for DISCA - 5/1/2019 1:33:00 PM
Perched within striking distance of its 52-week high, consolidating above support at its 50 and 200 DMA lines. Earnings increases were above the +25% minimum guideline (C criteria) in 3 of the past 4 quarterly comparisons versus the year ago periods with solid sales revenues growth. Up and down annual earnings (A criteria) is a concern, fundamentally. Ownership by top-rated funds rose from 1,013 in Jun '18 to 1,128 in Mar '19, a reassuring sign concerning the I criteria.
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FBP - NYSE - BANKING - Foreign Regional Banks
First Bancorp Hldg Co
$11.16 -0.14
-1.24%
$11.36 $11.94 -6.53% 865,453
72.12%
1,200,000
Most Recent Note for FBP - 5/1/2019 1:36:47 PM
Hovering near multi-year highs since last noted with caution in the 1/30/19 mid-day report. Earnings were up more than the +25% minimum (C criteria) for the 3 latest quarterly comparisons through Mar '19. Prior quarterly and annual earnings (A criteria) history for this bank has been erratic. It survived but failed to impress since dropped from the Featured Stocks list after noted on 1/04/05.

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MSFT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Microsoft Corp
$129.59 -1.01
-0.77%
$130.65 $131.37 -1.35% 10,228,701
78.08%
13,100,000
Most Recent Note for MSFT - 5/1/2019 1:37:27 PM
Made steady progress into all-time high territory in recent weeks while no overhead supply remains to act as resistance. Gapped up on 4/25/19 after it reported earnings +20% on +14% sales revenues for the Mar '19 quarter. Prior quarterly and annual earnings (C and A criteria) and sales growth 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  
MTG - NYSE - INSURANCE - Surety & Title Insurance
M G I C Invt Corp
$14.61 -0.03
-0.20%
$14.97 $14.71 -0.68% 1,972,199
131.48%
1,500,000
Most Recent Note for MTG - 5/1/2019 1:39:08 PM
On track today for a 9th consecutive small gain. The 4/23/19 mid-day report last noted - "Reported Mar '19 quarterly earnings +11% on +10% sales revenues, the 2nd consecutive quarter with earnings below the +25% minimum guideline (C criteria). Sub par sales revenues growth history indicates no new product or service (N criteria) in great demand."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ON - NASDAQ - Elec-Semiconductor Mfg
O N Semiconductor Corp
$23.02 -0.05
-0.20%
$23.49 $26.38 -12.76% 3,167,843
121.84%
2,600,000
Most Recent Note for ON - 5/1/2019 1:40:14 PM
Reported earnings +8% on +1% sales revenues for the Mar '19 quarter, while prior comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been up and down, not strong and steady. Its all-time high $27.75 was hit in May 2000 after its IPO. Went through a deep consolidation since noted with caution in the 5/25/18 mid-day report.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
VIAV - NASDAQ - TELECOMMUNICATIONS - Cables / Satalite Equipment
Viavi Solutions Inc
$13.56 +0.26
1.92%
$13.59 $13.48 0.56% 1,183,434
91.03%
1,300,000
Most Recent Note for VIAV - 5/1/2019 1:47:15 PM
Hitting a new 52-week high with today's big gain. Due to report results for the latest quarter on Thursday May 2, 2019, after the close of market. Three of the past 4 quarterly comparisons through Dec '18 showed strong sales revenues growth and earnings increases above the +25% minimum guideline (C criteria). Annual earnings history has been improving, but a big downturn in FY '15 is a flaw with regard to 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  
ZIXI - NASDAQ - INTERNET - Internet Software & Services
Zix Corporation
$8.29 +0.14
1.72%
$8.38 $9.07 -8.60% 471,485
52.39%
900,000
Most Recent Note for ZIXI - 5/1/2019 1:47:34 PM
Reported earnings +13% on +10% sales revenues for the Dec '18 quarter. Due to report earnings news on 5/02/19. Noted with caution in the 2/22/19 mid-day report - "Fundamental concerns remain. Prior quarterly and annual earnings history is not a match with the fact-based investment system's guidelines (C and A criteria). Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied."
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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.

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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.

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