Mid-Day Breakouts Report - Friday, May 8th, 2020

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MIDDAY BREAKOUTS REPORT - FRIDAY, MAY 8TH, 2020
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DOW 24256.91 381.02 (1.60%) | NASDAQ 9117.74 138.08 (1.54%) | S&P 500 2921.07 39.88 (1.38%)

Time of Screening : 5/8/2020 12:12:47 PM Report Released : 5/8/2020 1:31:01 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
AAXN - NASDAQ Axon Enterprise Inc	$84.86	+14.58 20.75%	$85.66	2,171,142 262.85% of 50 DAV 50 DAV is 826,000	$90.10 -5.82%	5/8/2020	$84.86	PP = $90.20 MB = $94.71
Most Recent Note - 5/8/2020 12:20:45 PM Y - Color code is changed to yellow with pivot point cited based upon its 2/19/20 high plus 10 cents. Gapped up today for a big volume-driven gain approaching its all-time high. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a proper technical buy signal. Reported strong sales revenues and earnings increases for the Sep, Dec '19, and Mar '20 quarters above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong. There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
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QLYS - NASDAQ Qualys Inc	$101.68	-9.57 -8.60%	$108.98	589,102 106.92% of 50 DAV 50 DAV is 551,000	$111.79 -9.04%	4/9/2020	$100.44	PP = $97.22 MB = $102.08
Most Recent Note - 5/8/2020 12:53:43 PM Y - Color code is changed to yellow after pulling back below its "max buy" level. Reported Mar '20 quarterly earnings +33% on +14% sales revenues versus the year ago period, continuing its strong earnings track record. Volume and volatility often increase near earnings news. Abruptly retreated from its new all-time high hit in the prior session. Prior highs in the $97 area recently acted as support. >>> The latest Featured Stock Update with an annotated graph appeared on 4/27/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ALSK - NASDAQ - TELECOMMUNICATIONS - Telecom Services - Domestic Alaska Comm Systems Grp	$2.22	+0.13 6.22%	$2.29	$2.18	1.83%	140,115 82.91%	169,000
Most Recent Note for ALSK - 5/8/2020 12:23:15 PM Hitting a new 52-week high today. Sub par sales revenues growth and its up and down annual earnings (A criteria) are fundamental concerns. Low priced stocks are discouraged from consideration unless solidly satisfying all of the criteria of the fact-based investment system.
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CHGG - NYSE - Consumer Svcs-Education Chegg Inc	$62.95	+3.56 5.99%	$63.50	$62.11	1.35%	2,141,945 66.21%	3,235,000
Most Recent Note for CHGG - 5/8/2020 12:24:23 PM Held its ground stubbornly and hitting another new all-time high today following a considerable "breakaway gap" on 5/04/20. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Bullish action came after it reported earnings +47% on +35% sales revenues for the Mar '20 quarter. Volume and volatility often increase near earnings news. Went through a choppy consolidation since dropped from the Featured Stocks list on 9/03/19. Fundamentals have remained strong.
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DHR - NYSE - Medical-Diversified Danaher Corp	$163.18	-0.30 -0.18%	$164.75	$170.64	-4.37%	4,425,279 103.44%	4,278,000
Most Recent Note for DHR - 5/8/2020 12:26:21 PM Perched near its all-time high. Quarterly earnings increases through Mar '20 have been below the +25% minimum guideline (C criteria) and sales revenues growth has been sub par. Annual earnings (A criteria) have shown slow steady growth.
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DXCM - NASDAQ - Medical-Systems/Equip Dexcom Inc	$409.88	+5.52 1.37%	$410.57	$408.49	0.34%	1,229,447 81.80%	1,503,000
Most Recent Note for DXCM - 5/8/2020 12:27:13 PM Hitting yet another new all-time high today, getting very extended from any sound base. Stubbornly held its ground and rose further since noted in the 4/29/20 mid-day report with caution - "Reported strong earnings versus a loss for the year-ago quarter ended March 31, and prior quarterly comparisons have been strong with solid sales revenues growth. Annual earnings were strong for FY '18 and '19 after years of losses."
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ELMD - AMEX - Medical-Systems/Equip Electromed Inc	$14.80	+0.22 1.51%	$14.95	$15.00	-1.33%	143,211 103.03%	139,000
Most Recent Note for ELMD - 5/8/2020 12:27:42 PM Hovering at its 52-week high, stubbornly holding its ground. Found prompt support near its 200 DMA line and rebounded impressively. Due to report earnings news on 5/12/20. Reported earnings +250% on +7% sales revenues for the quarter ended December 31, 2019 versus the year ago period, a 2nd strong quarterly comparison. Prior quarterly earnings increases were below the fact-based system's +25% minimum guideline (C criteria).
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FNV - NYSE - METALS & MINING - Gold Franco Nevada Corp	$142.87	-1.75 -1.21%	$147.62	$147.62	-3.22%	1,165,965 81.88%	1,424,000
Most Recent Note for FNV - 5/8/2020 12:29:40 PM Hovering near its all-time high, extended from any sound base. Reported Mar '20 quarterly earnings +66% on +34% sales revenues, its 3rd consecutive quarterly comparison with very strong results versus the year ago period. patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Annual earnings (A criteria) history has been strong after a downturn in FY '15.
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GAU - AMEX - Mining-Gold/Silver/Gems Galiano Gold Inc	$1.25	+0.05 4.16%	$1.27	$1.28	-2.35%	657,306 116.13%	566,000
Most Recent Note for GAU - 5/8/2020 12:34:28 PM Perched at its 52-week high. Formerly known as Asanko Gold Inc (AKG), it has been stubbornly holding its ground near its 52-week high following a spurt of volume-driven gains. Repeatedly noted in prior mid-day reports - "Fundamentals are sub par."
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HEBT - NASDAQ - Machinery-Mtl Hdlg/Autmn Hebron Technology Co Ltd	$13.13	+0.74 5.93%	$14.99	$12.48	5.17%	102,025 137.87%	74,000
Most Recent Note for HEBT - 5/8/2020 12:36:35 PM Due to report earnings news on 5/11/20. Hitting a new all-time high with today's 5th consecutive gain. Fundamental concerns remain as prior quarterly and annual earnings history is not a match with the fact-based investment system's guidelines.
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IPHI - NYSE - Elec-Semicondctor Fablss Inphi Corp	$110.18	+11.21 11.32%	$116.98	$102.10	7.91%	1,631,532 130.42%	1,251,000
Most Recent Note for IPHI - 5/8/2020 12:40:54 PM Gapped up today hitting a new all-time high with a 4th consecutive gain, getting extended from any sound base. Reported Mar '20 quarterly earnings +88% on +70% sales revenues versus the year ago period, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in FY '18, a flaw in its annual earnings (A criteria) history.
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LOGI - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Logitech Intl Sa	$50.99	+1.13 2.27%	$51.04	$50.10	1.78%	310,711 78.86%	394,000
Most Recent Note for LOGI - 5/8/2020 12:43:34 PM Hitting new 52-week and all-time highs with today's 3rd consecutive gain lacking great volume conviction. Due to report earnings news on 5/11/20. Fundamental concerns remain. Reported earnings +6% on +4% sales revenues for the Dec '19 quarter and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). This Switzerland-based Computer - Hardware/Peripherals firm went through a deep V shaped pullback since challenging its all-time high in January after a deep 18-month consolidation.
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LVGO - NASDAQ - Medical-Products Livongo Health Inc	$54.46	+2.03 3.86%	$54.96	$56.63	-3.84%	1,982,216 70.17%	2,825,000
Most Recent Note for LVGO - 5/8/2020 12:47:31 PM Digital health firm powered into new high territory with 5 consecutive gains this week backed by ever-increasing volume. Limited history remains a concern. Went through a choppy consolidation since completing its $28 IPO on 7/25/20
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PFPT - NASDAQ - Computer Sftwr-Security Proofpoint Inc	$125.13	-7.28 -5.49%	$131.75	$133.58	-6.33%	649,314 99.28%	654,000
Most Recent Note for PFPT - 5/8/2020 12:50:53 PM Reported earnings +12% on +23% sales revenues for the Mar '20 quarter, its 3rd consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Retreating abruptly after challenging its all-time high on the prior session. Went through a deep consolidation since dropped from the Featured Stocks list on 10/25/19.
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SNFCA - NASDAQ - INSURANCE - Life Insurance Security Natl Finl Cl A	$6.19	+0.54 9.56%	$6.27	$6.42	-3.58%	20,437 170.31%	12,000
Most Recent Note for SNFCA - 5/8/2020 12:55:36 PM Today's big volume-driven gain is challenging its prior high ($6.40 on 1/09/20). Prior mid-day reports noted - "Erratic sales revenues and earnings history is not a match with the fact-based investment system's fundamental guidelines. Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied."
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THO - NYSE - AUTOMOTIVE - Recreational Vehicles Thor Industries Inc	$77.60	+8.73 12.68%	$78.83	$89.45	-13.25%	913,244 75.54%	1,209,000
Most Recent Note for THO - 5/8/2020 1:14:44 PM Gapped up today approaching its 52-week high, however overhead supply remains. Reported earnings +3% on +55% sales revenues for the Mar '20 quarter. Fundamental concerns remain following a streak of negative quarterly comparisons. It was dropped from the Featured Stocks list on 2/02/18 and went through a deep consolidation.
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TTD - NASDAQ - Comml Svcs-Advertising The Trade Desk Inc Cl A	$309.45	-13.05 -4.05%	$313.61	$327.35	-5.47%	3,341,352 139.46%	2,396,000
Most Recent Note for TTD - 5/8/2020 1:18:42 PM Impressively rebounded to hit a new all-time high following a deep "V" shaped pullback, not a sound base pattern. Fundamentals remain strong after it reported Mar '20 quarterly earnings +84% on +33% sales revenues, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 9/09/19.
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UI - NYSE - Telecom-Infrastructure Ubiquity Inc	$185.50	+25.32 15.80%	$192.87	$199.91	-7.21%	265,376 126.37%	210,000
Most Recent Note for UI - 5/8/2020 1:21:21 PM Gapped up today challenging its all-time high. Fundamental concerns remain, however, it reported earnings +28% on +18% sales revenues for the Mar '20 quarter. Prior quarterly earnings were below the +25% minimum guideline (C criteria).
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WSTG - NASDAQ - Wholesale-Electronics Wayside Tech Group Inc	$17.72	+1.79 11.24%	$19.26	$18.29	-3.12%	31,351 261.26%	12,000
Most Recent Note for WSTG - 5/8/2020 1:30:40 PM Gapped up today hitting a new 52-week high with a big volume-driven gain. Reported earnings +50% on +40% sales revenues versus the year ago period. Prior mid-day reports cautioned members - "Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
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ZYXI - NASDAQ - Medical-Products Zynex Inc	$18.94	-0.05 -0.25%	$20.20	$21.80	-13.11%	557,175 102.05%	546,000
Most Recent Note for ZYXI - 5/8/2020 1:30:58 PM Perched near its 52-week high after an impressive spurt of volume-driven gains. Found prompt support near its 200 DMA line in recent weeks and rallied impressively. Reported earnings +29% on +66% sales revenues for the Mar '20 quarter, but prior quarterly comparisons were below the +25% minimum guideline (C criteria).
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