Mid-Day Breakouts Report - Friday, May 12th, 2023

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MIDDAY BREAKOUTS REPORT - FRIDAY, MAY 12TH, 2023
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DOW 33256.13 -53.38 (-0.16%) | NASDAQ 12268.48 -60.02 (-0.49%) | S&P 500 4117.14 -13.48 (-0.33%)

Time of Screening : 5/12/2023 12:16:10 PM Report Released : 5/12/2023 12:57:38 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
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NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ABC - NYSE - Medical-Whlsle Drg/Suppl Amerisourcebergen Corp	$171.05	-0.39 -0.23%	$171.87	$174.63	-2.05%	816,854 77.65%	1,052,000
Most Recent Note for ABC - 5/12/2023 12:18:45 PM Perched within close striking distance of its all-time high. Reported earnings +9% on +10% sales revenues for the Mar '23 quarter versus the year-ago period. Prior earnings were not strong and steady above the +25% minimum (C criteria). Its annual earnings (A criteria) growth has been steady even through the pandemic.
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AGYS - NASDAQ - Computer-Integrated Syst Agilysys Inc	$77.31	+0.24 0.31%	$77.87	$88.16	-12.31%	79,723 62.28%	128,000
Most Recent Note for AGYS - 5/12/2023 12:24:20 PM Consolidating quietly below its 50 DMA line ($80.65) near prior lows and -12.5% off its 52-week high. Due to report Mar '23 quarterly results on 5/16/23. Reported Dec '22 quarterly earnings +37% on +27% sales revenues versus the year-ago period, its 2nd strong quarter. After years of losses it had profitable results in FY '20-22.
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BBVA - NYSE - BANKING - Foreign Regional Banks Banco Bilbao Viz Arg Adr	$7.17	+0.05 0.68%	$7.25	$7.93	-9.61%	6,953,765 341.54%	2,036,000
Most Recent Note for BBVA - 5/12/2023 12:26:24 PM Consolidating near its 50 DMA line ($7.14). Prior mid-day reports cautioned members - "Fundamental concerns remain for this Spanish banking firm."
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BELFB - NASDAQ - ELECTRONICS - Diversified Electronics Bel Fuse Inc Cl B	$44.42	-0.07 -0.15%	$46.43	$45.35	-2.06%	71,682 64.58%	111,000
Most Recent Note for BELFB - 5/12/2023 12:30:05 PM Following 4 consecutive volume-driven gains it stubbornly held its ground and wedged higher this week for new 52-week highs. Rebounded above its 50 DMA line after briefly undercutting its 200 DMA line. The Electronic - Parts firm reported Mar '23 quarterly earnings +263% on +26% sales revenues versus the year-ago period, adding to a streak of very strong quarterly results. Annual earnings (A criteria) history has been erratic, and not a match with the fact-based investment system's fundamental guidelines.
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FLEX - NASDAQ - Elec-Contract Mfg Flex Ltd	$23.37	+0.37 1.59%	$24.09	$25.12	-6.99%	4,829,994 112.38%	4,298,000
Most Recent Note for FLEX - 5/12/2023 12:33:20 PM Found support near its 200 DMA line recently and gapped up above its 50 DMA line during a streak of 7 consecutive gains backed by ever-increasing volume. The 5/11/23 mid-day report cautioned members - "Reported Mar '23 quarterly earnings +10% on +9% sales revenues versus the year-ago period and fundamental concerns remain. Quarterly earnings (C criteria) history is not a match with the fact-based investment system's guidelines."
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FSV - NASDAQ - Real Estate Dvlpmt/Ops Firstservice Corp	$145.93	-1.88 -1.27%	$147.71	$151.38	-3.60%	26,829 54.75%	49,000
Most Recent Note for FSV - 5/12/2023 12:34:06 PM Canadian firm in Real Estate Development/Operations is consolidating above its 50 DMA line ($141). Reported earnings +16% on +22% sales revenues for the Mar '23 quarter versus the year-ago period, and prior quarterly comparisons were also well below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '22.
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FTS - NYSE - Utility-Diversified Fortis	$45.41	+0.11 0.24%	$45.91	$50.89	-10.77%	4,246,309 818.17%	519,000
Most Recent Note for FTS - 5/12/2023 12:37:18 PM Through the Mar'23 quarter its earnings growth has been below the +25% minimum guideline (C criteria). Faces resistance due to overhead supply up to the $51 level after a deep consolidation.
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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$59.88	+0.42 0.71%	$60.32	$66.83	-10.40%	11,168 50.76%	22,000
Most Recent Note for GRVY - 5/12/2023 12:38:56 PM This Korean Computer Software firm went through a deep consolidation since 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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KBH - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction K B Home	$46.43	+0.50 1.09%	$46.91	$45.98	0.98%	951,106 53.25%	1,786,000
Most Recent Note for KBH - 5/12/2023 12:41:27 PM On track today for a 6th consecutive small gain with lackluster volume. Stubbornly held its ground and wedged higher since last noted in the 4/18/23 mid-day report - "Resistance remains due to overhead supply up to the $52 level. Reported earnings -1% on -1% sales revenues for the Feb '23 quarter versus the year-ago period, breaking a streak of 8 consecutive quarterly comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong."
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SFM - NASDAQ - Retail-Super/Mini Mkts Sprouts Farmers Market	$37.38	+0.62 1.69%	$38.02	$39.99	-6.53%	1,101,550 63.31%	1,740,000
Most Recent Note for SFM - 5/12/2023 12:45:11 PM Consolidating above prior highs in the $35 area since a noted gap up for a new 52-week high with a considerable volume-driven gain when last noted with caution in the 5/02/23 mid-day report - "Reported earnings +24% on +6% sales revenues for the Mar '23 quarter versus the year-ago period. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria)."
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SNY - NYSE - DRUGS - Drug Manufacturers - Other Sanofi	$53.96	-0.42 -0.77%	$54.70	$57.82	-6.68%	1,768,109 100.40%	1,761,000
Most Recent Note for SNY - 5/12/2023 12:47:37 PM Pulling back again today with above-average volume, still sputtering after recently challenging its all-time high ($58.10 on 4/11/22). Reported Mar '23 quarterly earnings +9% on +4% sales revenues versus the year-ago period. Prior quarterly and annual earnings (C and A criteria) history and sales revenues growth has been below the fundamental guidelines of the fact-based investment system.
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STN - NYSE - Comml Svcs-Consulting Stantec Inc	$58.33	-0.82 -1.39%	$58.59	$62.31	-6.39%	44,857 54.04%	83,000
Most Recent Note for STN - 5/12/2023 12:48:52 PM Pulled back abruptly after wedging to new all-time highs. Today's 2nd volume-driven loss has undercut its 50 DMA line ($58.63), action indicative of distributional pressure. Fundamental concerns remain. Reported Mar '23 quarterly earnings +20% on +17% sales revenues versus the year-ago period. Only 2 of the past 4 quarterly comparisons showed earnings increases above the fact-based investment system's +25% minimum guidelines (C criteria). Annual earnings (A criteria) growth has been strong.
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SWAV - NASDAQ - Medical-Systems/Equip Shockwave Medical	$301.01	-1.67 -0.55%	$308.09	$320.54	-6.09%	374,909 63.12%	594,000
Most Recent Note for SWAV - 5/12/2023 12:50:04 PM Prior mid-day reports recently noted - "It made progress toward its 52-week high with considerable volume-driven gains. Resistance remains due to overhead supply up to the $320 level. Quarterly comparisons through Mar '23 showed very strong sales revenues and earnings increases over the year-ago periods. After years of losses, it had a profitable FY '22, but its annual earnings history (A criteria) is not a match with the strict fundamental guidelines of the fact-based investment system."
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SXI - NYSE - CONGLOMERATES - Conglomerates Standex Intl Corp	$139.62	+1.01 0.73%	$141.56	$138.94	0.49%	44,830 65.93%	68,000
Most Recent Note for SXI - 5/12/2023 12:51:28 PM Hitting new 52-week and all-time highs with today's 6th consecutive volume-driven gain. The 5/09/23 mid-day report noted - "Reported earnings +7% on -3% sales revenues for the quarter ended March 31, 2023 versus the year-ago period. Its sales and earnings history in recent quarterly comparisons was below the fact-based investment system's guidelines."
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TGLS - NASDAQ - Bldg-Constr Prds/Misc Tecnoglass Inc	$47.40	+0.94 2.02%	$47.80	$48.50	-2.27%	250,439 59.63%	420,000
Most Recent Note for TGLS - 5/12/2023 12:52:08 PM Rebounded following a "negative reversal" on 5/04/23 testing support at its 50 DMA line ($42.15) and it remains perched near its all-time high. Reported Mar '23 quarterly earnings +104% on +51% sales revenues 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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ULTA - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other Ulta Salon Cosm & Frag	$511.97	-0.14 -0.03%	$518.27	$556.60	-8.02%	350,435 54.58%	642,000
Most Recent Note for ULTA - 5/12/2023 12:55:02 PM Encountered some distributional pressure in recent weeks after wedging to a new all-time high with gains lacking great volume conviction. Violated its 50 DMA line ($527) since last noted with caution in the 4/06/23 mid-day report - "Reported Jan '23 quarterly earnings +24% on +18% sales revenues versus the year-ago period. Prior quarterly comparisons versus the year-ago periods have been mostly strong and well above the +25% minimum earnings guideline (C criteria). A big downturn in FY '21 earnings (A criteria) was noted as a flaw concerning the strict fundamental guidelines of the fact-based investment system."
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VIST - NYSE - Oil&Gas-Intl Expl&Prod Vista Energy SAB de CV	$21.24	+0.08 0.38%	$21.53	$22.84	-7.01%	553,733 87.06%	636,000
Most Recent Note for VIST - 5/12/2023 12:55:48 PM Mexico-based Oil & Gas firm is extended from any sound base and has been finding prompt support near its 50 DMA line ($19.84) on pullbacks. Recent quarterly comparisons through Mar '23 showed great sales revenues and earnings increases over the year-ago periods. After big losses in prior years, it had profitable results in FY '21 and '22.
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VSH - NYSE - ELECTRONICS - Diversified Electronics Vishay Intertechnology	$24.19	-0.21 -0.84%	$24.54	$24.86	-2.72%	692,079 69.00%	1,003,000
Most Recent Note for VSH - 5/12/2023 12:56:12 PM Reported earnings +11% on +2% sales revenues for the Mar '23 quarter versus the year-ago period, its 2nd quarterly comparison below the +25% minimum earnings guideline (C criteria). Supar sales revenues growth and its up and down annual earnings (A criteria) history are below the guidelines of the fact-based investment system.
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YPF - NYSE - ENERGY - Independent Oil & Gas Y P F Sociedad Anonima	$11.74	-0.01 -0.09%	$12.10	$13.11	-10.45%	2,341,635 104.03%	2,251,000
Most Recent Note for YPF - 5/12/2023 12:57:32 PM Consolidating above its 50 DMA line ($11.12) and perched within striking distance of its 52-week high.
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