Mid-Day Breakouts Report - Friday, May 5th, 2023

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MIDDAY BREAKOUTS REPORT - FRIDAY, MAY 5TH, 2023
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DOW 33520.28 392.54 (1.18%) | NASDAQ 12172.44 206.04 (1.72%) | S&P 500 4118.66 57.44 (1.41%)

Time of Screening : 5/5/2023 1:07:03 PM Report Released : 5/5/2023 2:02:56 PM
Price is: Above 52W High and Less Than 52W High but within 15% 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
FIX - NYSE Comfort Systems U S A	$152.83	+4.84 3.27%	$154.15	248,352 79.60% of 50 DAV 50 DAV is 312,000	$153.90 -0.70%	4/27/2023	$148.85	PP = $152.23 MB = $159.84
Most Recent Note - 5/5/2023 1:16:23 PM Y - Hitting a new high with today's volume-driven gain. Previously noted - "Bullish action came after it reported Mar '23 quarterly earnings +66% on +33% sales revenues versus the year-ago period. Powered above its 50 DMA line ($140.70) with a considerable gain backed by twice its average volume. Its color code was changed to yellow with pivot point cited based on its 3/03/23 high plus 10 cents. Very little resistance remains due to overhead supply up to the $152 level. A gain and new high backed by at least +40% above average volume may trigger a technical buy signal." >>> The latest Featured Stock Update with an annotated graph appeared on 4/21/2023. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers Apple Inc	$173.51	+7.72 4.66%	$174.20	$176.15	-1.50%	70,175,346 119.47%	58,738,000
Most Recent Note for AAPL - 5/5/2023 1:08:59 PM Gapped up today rebounding toward prior highs. Quarterly comparisons through Mar '23 have been well below the +25% minimum earnings guideline (C criteria) of the fact-based investment system. On 8/31/20 a 4:1 share split impacted share price. The number of top-rated funds owning its shares rose from 4,946 in Jun '19 to 6,516 in Mar '23. Companies currently on the Featured Stocks list are ideal candidates fitting the fact-based investment system's guidelines before becoming heavily owned by the institutional crowd.
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AQUA - NYSE - Pollution Control Evoqua Water Tech Corp	$51.15	+0.56 1.11%	$51.65	$51.35	-0.39%	1,361,356 95.80%	1,421,000
Most Recent Note for AQUA - 5/5/2023 1:10:54 PM Consolidated above its 50 DMA line in an orderly fashion and hitting new 52-week and all-time highs with today's gain. Reported Mar '23 quarterly earnings -60% on +12% sales revenues versus the year-ago period, well below the +25% minimum guideline (C criteria). Annual earnings history (A criteria) included a downturn in FY '19. Completed Secondary Offerings on 2/10/21, 12/03/20, 8/07/20 and 3/05/20.
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BWA - NYSE - AUTOMOTIVE - Auto Parts Borg Warner Inc	$44.93	+2.13 4.98%	$45.12	$51.14	-12.14%	1,776,940 85.80%	2,071,000
Most Recent Note for BWA - 5/5/2023 1:12:31 PM Retreated well below its 50 DMA line with a gap down on the prior session testing its 200 DMA line. This Auto/Truck -Original Equipment firm's fundamentals are not a match with the C and A criteria of the fact-based investment system. Reported earnings +4% on +8% sales revenues for the Mar '23 quarter, but prior results were subpar. A 2:1 split impacted its share price as of 12/17/13.
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CODA - NASDAQ - Aerospace/Defense Coda Octopus Group Inc	$9.01	+0.01 0.07%	$9.11	$9.05	-0.48%	15,402 90.60%	17,000
Most Recent Note for CODA - 5/5/2023 1:13:49 PM On track today for a 7th consecutive volume-driven gain and a new 52-week high. Fundamental concerns remain since this thinly-traded Aerospace/Defense firm was noted with caution in the 5/08/19 mid-day report - "Prior quarterly and annual earnings (C and A criteria) history is not a match with the guidelines of the fact-based investment system."
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DRD - NYSE - METALS & MINING - Gold Drdgold Ltd Adr	$13.07	+0.20 1.55%	$13.09	$13.13	-0.46%	734,817 165.13%	445,000
Most Recent Note for DRD - 5/5/2023 1:14:27 PM Hit yet another new 52-week high with today's 4th consecutive volume-driven gain. Reported Dec '22 quarterly earnings +2% on +0% sales revenues versus the year-ago period. Fundamental concerns remain as when noted in the 7/27/20 mid-day report - "This low-priced South African company in the Mining - Gold/Silver/Gems group has an erratic earnings history, not a match with the fact-based investment system's guidelines."
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FND - NYSE - Retail/Whlsle-Bldg Prds Floor & Decor Hldgs	$92.75	-4.57 -4.70%	$93.20	$102.61	-9.61%	3,175,719 234.37%	1,355,000
Most Recent Note for FND - 5/5/2023 1:18:02 PM Reported Mar '23 quarterly earnings +2% on +9% sales revenues versus the year-ago period and gapped down today violating its 50 DMA line ($94). Noted with caution in prior mid-day reports - "In the midst of a deep consolidation since noted with caution in the 11/16/21 mid-day report near its all-time high. Reported Dec '22 quarterly earnings +45% on +15% sales revenues versus the year-ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Completed Secondary Offerings on 11/15/17 and 7/20/17 since its 4/27/17 IPO at $21.00."
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FTNT - NASDAQ - Computer Sftwr-Security Fortinet Inc	$64.87	+3.69 6.02%	$65.45	$69.07	-6.09%	4,932,026 118.33%	4,168,000
Most Recent Note for FTNT - 5/5/2023 1:23:02 PM Rebounding above its 50 DMA line ($63.32) with today's volume-driven gain. Faces some resistance due to overhead supply up to the $74 level. Reported Mar '23 quarterly earnings +79% on +32% sales revenues versus the year-ago period, its 4th strong earnings comparison above the +25% minimum (C criteria).
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GFI - NYSE - METALS & MINING - Gold Gold Fields Ltd Adr	$16.42	-0.98 -5.63%	$16.43	$17.78	-7.65%	5,180,385 79.55%	6,512,000
Most Recent Note for GFI - 5/5/2023 1:25:09 PM Gapped down today pulling back from its 52-week high following a noted spurt of volume-driven gains. This South African company in the Mining - Gold/Silver/Gems industry reported earnings increases below the +25% minimum guideline (C criteria) with waning sales revenues for the Sep and Dec '22 quarters versus year-ago periods. Annual earnings (A criteria) growth has been strong since a downturn in FY '17 and '18.
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GRBK - NASDAQ - Real Estate Dvlpmt/Ops Green Brick Partners Inc	$47.83	+2.07 4.51%	$47.89	$45.80	4.42%	370,074 108.21%	342,000
Most Recent Note for GRBK - 5/5/2023 1:26:11 PM Hitting another new 52-week high today following a big gap up and volume-driven gain on the prior session. Faces no resistance due to overhead supply. Reported Mar '23 quarterly earnings +14% on +15% sales revenues versus the year-ago period. The Dec '22 quarter was noted when breaking a streak of 10 strong quarterly comparisons above the +25% minimum guideline (C criteria). Strong annual earnings history (A criteria) included a slight downturn in FY '18. The Building - Residential/Commercial industry group is currently ranked 1st on the 197 Industry Groups list, a reassuring sign concerning the L criteria. Completed a Secondary Offering on 1/27/21.
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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$57.70	+0.72 1.26%	$59.05	$66.83	-13.66%	17,590 83.76%	21,000
Most Recent Note for GRVY - 5/5/2023 1:29:01 PM This Korean Computer Software firm went through a deep consolidation since last noted in the 1/05/21 mid-day report with caution after powering to new all-time highs. Reported strong Dec '22 results but prior quarterly comparisons showed waning and sub-par sales revenues with lower earnings versus the year-ago periods.
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HDB - NYSE - BANKING - Foreign Regional Banks H D F C Bank Ltd Adr	$66.56	-1.96 -2.86%	$67.09	$71.76	-7.25%	1,799,222 124.60%	1,444,000
Most Recent Note for HDB - 5/5/2023 1:36:41 PM Gapped down today violating its 50 DMA line. Noted with caution in prior mid-day reports - "Reported earnings +11% on +20% sales revenues for the Mar '23 quarter versus the year-ago period and fundamental concerns remain. Prior quarterly earnings growth also was below the +25% minimum earnings guideline (C criteria). Shares split 2:1 on 9/26/19. This India-based financial institution was dropped from the Featured Stocks list on 1/17/08. Completed a new Public Offering on 2/05/15."
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IRMD - NASDAQ - Medical-Systems/Equip Iradimed Corp	$46.08	-0.12 -0.26%	$46.59	$46.47	-0.84%	28,567 79.35%	36,000
Most Recent Note for IRMD - 5/5/2023 1:42:16 PM Reported earnings +36% on +26% sales revenues for the Mar '23 quarter versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Posted a big volume-driven gain on the prior session. Faces some resistance due to overhead supply up to the $55 level. Found support at its 50 DMA line while recently consolidating. Went through a deep consolidation since noted in the 2/28/22 mid-day report. Quarterly sales revenues totals have been in the $9-15 million range. Completed its $6 IPO in July '14.
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MCHP - NASDAQ - ELECTRONICS - Semiconductor - Specialized Microchip Tech	$75.35	-0.68 -0.89%	$76.56	$87.76	-14.14%	4,268,263 93.71%	4,555,000
Most Recent Note for MCHP - 5/5/2023 1:45:28 PM Since challenging its all-time high when last noted with caution in the 2/03/23 mid-day report it has slumped back to its 200 DMA line. Reported Mar '23 earnings +21% on +21% sales revenues versus the year-ago period, breaking a noted streak of quarterly comparisons with earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history had a downturn in FY '20 like many other companies during the pandemic.
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MPX - NYSE - AUTOMOTIVE - Recreational Vehicles Marine Products Corp	$14.50	+0.63 4.54%	$14.69	$14.86	-2.42%	22,834 103.79%	22,000
Most Recent Note for MPX - 5/5/2023 1:47:20 PM Consolidating after hitting a new 52-week high with above-average volume behind a 5th consecutive gain on 5/01/23 as it rose from a 12-week base. Noted in prior mid-day reports - "Reported Mar '23 quarterly earnings +62% versus the year-ago period. Reported strong sales revenues and earnings growth in the Jun, Sep, and Dec '22 quarters versus the year-ago periods. Fundamental concerns remain after a noted downturn in FY '19 and '20 annual earnings. It was dropped from the Featured Stocks list on 12/10/18."
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MTD - NYSE - ELECTRONICS - Scientific & Technical Instrum Mettler Toledo Intl Inc	$1,404.01	-71.19 -4.83%	$1,475.00	$1,615.97	-13.12%	89,235 102.57%	87,000
Most Recent Note for MTD - 5/5/2023 1:48:28 PM Went through a deep consolidation since hitting a new all-time high in Dec '21. Reported earnings +10% on +3% sales revenues for the Mar '23 quarter versus the year-ago period. Sales revenues and earnings history has not been strong and steady, but well below the fundamental guidelines of the fact-based investment system.
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OEC - NYSE - CHEMICALS - Specialty Chemicals Orion Engineered Carbons LLC	$25.50	+2.34 10.10%	$26.20	$26.91	-5.24%	414,095 79.94%	518,000
Most Recent Note for OEC - 5/5/2023 1:52:32 PM Gapped up today rebounding above its 50 DMA line ($25) and toward its 52-week high. Reported earnings +30% on +3% sales revenues for the Mar '23 quarter versus the year-ago period, its 3rd quarterly comparison above the +25% minimum guideline but with sales revenues growth showing worrisome deceleration. Annual earnings had a downturn in FY '19 and '20.
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PLPC - NASDAQ - MATERIALS & CONSTRUCTION - Heavy Construction Preformed Line Products	$152.02	+2.04 1.36%	$155.89	$152.16	-0.09%	18,032 100.18%	18,000
Most Recent Note for PLPC - 5/5/2023 1:54:43 PM Extended from any sound base and hitting a new all-time high today with another noted volume-driven gain. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Through the Mar '23 quarter, 3 of the past 4 quarterly comparisons versus the year-ago period had earnings per share up +25% or more (C criteria). Annual earnings had a downturn in FY '19.
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TGLS - NASDAQ - Bldg-Constr Prds/Misc Tecnoglass Inc	$45.47	+3.35 7.95%	$45.80	$48.50	-6.25%	321,066 79.47%	404,000
Most Recent Note for TGLS - 5/5/2023 1:56:51 PM Rebounding today following a "negative reversal" on the prior session after touching another new all-time high. Its 50 DMA line ($41.16) defines important support. Reported Mar '23 quarterly earnings +104% versus the year-ago period, continuing a streak of comparisons with solid sales revenues and earnings growth. Annual earnings history (A criteria) included a downturn in FY '19 and has been up and down, not a great match with the fact-based investment system's fundamental guidelines.
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TXRH - NASDAQ - LEISURE - Restaurants Texas Roadhouse Inc	$108.43	-3.61 -3.22%	$110.80	$113.56	-4.52%	685,842 85.09%	806,000
Most Recent Note for TXRH - 5/5/2023 1:58:46 PM Pulling back today for a 3rd consecutive volume-driven loss testing its 50 DMA line ($107) after reaching another new all-time high this week. Reported Mar '23 quarterly earnings +19% on +19% sales revenues versus the year-ago period and fundamental concerns remain. Quarterly earnings were not strong and steady above the +25% minimum guideline (C criteria).
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WDAY - NYSE - Computer Sftwr-Enterprse Workday Inc Cl A	$180.88	-1.04 -0.57%	$183.67	$206.68	-12.48%	1,459,193 75.72%	1,927,000
Most Recent Note for WDAY - 5/5/2023 2:00:29 PM It went through a deep consolidation since dropped from the Featured Stocks list on 1/04/22. Reported improved Jan '23 quarterly results but fundamental concerns remain.
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XPO - NYSE - Transportation-Logistics X P O Logistics Inc	$47.71	+1.78 3.88%	$47.86	$48.85	-2.33%	1,955,945 89.72%	2,180,000
Most Recent Note for XPO - 5/5/2023 2:02:27 PM On track today for a 3rd consecutive volume-driven gain, rallying above its February '23 high. Held its ground following a recently noted spurt of gains marked by ever-increasing volume. Prior mid-day reports noted - "Faces resistance due to overhead supply up to the $53 level. Completed a new Public Offering on 6/29/21. Reported Mar '23 quarterly earnings +22 versus the year-ago period. Fundamental concerns remain due to subpar sales revenues growth and its up-and-down annual earnings history (A criteria) that do not match with the fundamental guidelines of the fact-based investment system."
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ZTS - NYSE - Medical-Ethical Drugs Zoetis Inc	$185.61	+7.14 4.00%	$187.82	$183.81	0.98%	2,284,937 126.87%	1,801,000
Most Recent Note for ZTS - 5/5/2023 2:02:51 PM Went through a deep consolidation from its all-time high since noted with caution in the 1/06/22 mid-day report. Quarterly comparisons through Mar '23 were not strong and steady above the +25% minimum earnings guideline (C criteria). Sales revenues growth rate has been mostly slow and steady. Annual earnings (A criteria) history has been steady.
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