Mid-Day Breakouts Report - Friday, May 17th, 2024

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MIDDAY BREAKOUTS REPORT - FRIDAY, MAY 17TH, 2024
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DOW 39897.81 28.43 (0.07%) | NASDAQ 16694.34 -3.98 (-0.02%) | S&P 500 5297.19 0.09 (0.00%)

Time of Screening : 5/17/2024 12:20:20 PM Report Released : 5/17/2024 12:56:05 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 57.5% 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
AGYS - NASDAQ - Computer-Integrated Syst Agilysys Inc	$99.08	+0.08 0.08%	$99.86	$99.59	-0.51%	136,081 80.52%	169,000
Most Recent Note for AGYS - 5/17/2024 12:22:29 PM Rallying to new all-time highs with 4 consecutive volume-driven gains. Reported Mar '24 quarterly results below the +25% minimum guideline (C criteria). After years of losses it had profitable results in FY '20-22.
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AMAT - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Applied Materials Inc	$214.14	+0.11 0.05%	$219.36	$218.75	-2.11%	3,543,562 74.38%	4,764,000
Most Recent Note for AMAT - 5/17/2024 12:24:05 PM Stalled this week after rallying to a new high. Reported Apr '24 quarterly earnings +5% on +0% sales revenues versus the year ago, its 9th consecutive quarterly earnings comparison below the +25% minimum (C criteria). Annual earnings (A criteria) history included a downturn in FY '19. There is a large supply of 830.9 million shares outstanding (S criteria) and as of Mar '24 it is owned by 4,278 top-rated mutual funds (I criteria).
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AWI - NYSE - Bldg-Constr Prds/Misc Armstrong World Inds	$114.57	+0.29 0.25%	$115.60	$125.56	-8.76%	235,444 67.46%	349,000
Most Recent Note for AWI - 5/17/2024 12:25:24 PM Sputtering below its 50 DMA line ($119) which acted as resistance in recent weeks. Reported earnings +23% on +5% sales revenues for the Mar '24 quarter versus the year-ago period. Prior quarterly earnings were not strong and steady above the +25% minimum guideline (C criteria).
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BRP - NASDAQ - Insurance-Brokers BRP Group inc	$32.18	-0.33 -1.02%	$33.03	$32.69	-1.56%	277,288 85.32%	325,000
Most Recent Note for BRP - 5/17/2024 12:26:26 PM Perched near multi-year highs after volume-driven gains. Two of the 4 latest quarterly comparisons through Mar '24 have shown strong earnings increases well above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong and steady.
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CAKE - NASDAQ - LEISURE - Restaurants Cheesecake Factory Inc	$38.74	-1.95 -4.79%	$39.16	$41.25	-6.08%	1,303,319 135.76%	960,000
Most Recent Note for CAKE - 5/17/2024 12:28:34 PM Gapped down today, retreating from its 52-week high. Reported earnings +20% on +3% sales revenues for the Mar '24 quarter versus the year-ago period. Fundamental concerns remain due to subpar sales revenues increases and erratic annual earnings history (A criteria).
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CHCI - NASDAQ - Bldg-Resident/Comml Comstock Holding Cl A	$7.80	-0.22 -2.74%	$8.18	$8.56	-8.88%	34,539 115.13%	30,000
Most Recent Note for CHCI - 5/17/2024 12:31:03 PM Consolidating near multi-year highs, pulling back with today's volume-driven loss. Reported Mar '24 quarterly earnings +29% on +4% sales revenues versus the year-ago period, its 3rd quarterly comparison above the +25% minimum earnings guideline. Fundamental concerns remain due to downturn in FY '22 and '23 earnings (A criteria).
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CMRE - NYSE - Transportation-Ship Costamare Inc	$14.70	+0.25 1.73%	$14.75	$14.47	1.59%	249,509 59.98%	416,000
Most Recent Note for CMRE - 5/17/2024 12:31:41 PM Greek shipping firm is hitting yet another new 52-week high with today's 4th consecutive volume-driven gain. Reported Mar '24 quarterly earnings +66% on +89% sales revenues versus the year ago period. Prior mid-day reports noted - "Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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CRH - NYSE - Bldg-Cement/Concrt/Ag C R H Plc Adr	$82.15	-0.73 -0.88%	$82.89	$88.00	-6.65%	1,917,311 59.14%	3,242,000
Most Recent Note for CRH - 5/17/2024 12:33:00 PM It has not formed a sound base and is consolidating back below its 50 DMA line ($82.32) after perched within close striking distance of its all-time high. Irish Building - Cement firm reported strong Mar '24 earnings versus a loss on +2% sales revenues versus the year-ago period. Subpar sales revenues growth is cause for concern. Prior quarterly earnings comparisons have not been strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings growth has been strong after a downturn in FY '20.
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CRTO - NASDAQ - Comml Svcs-Advertising Criteo SA Ads	$36.48	-0.48 -1.29%	$37.10	$39.54	-7.75%	293,468 113.75%	258,000
Most Recent Note for CRTO - 5/17/2024 12:34:10 PM Consolidating after rallying above its Feb '23 high with noted volume-driven gains. Found support in recent weeks while consolidating near its 50 DMA line. Reported earnings +60% on +1% sales revenues for the Mar '24 quarter versus the year ago period, its 4th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria) but with subpar sales revenues growth still a cause for concern. Annual earnings history (A criteria) has been up and down, not a good match with the fact-based investment system's fundamental guidelines.
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FSM - NYSE - RETAIL - Grocery Stores Fortuna Silver Mines	$5.71	+0.28 5.16%	$5.79	$5.44	4.96%	9,384,361 138.64%	6,769,000
Most Recent Note for FSM - 5/17/2024 12:36:03 PM Hitting a new 52-week high with higher volume behind today's 4th consecutive gain. Reported strong earnings increases in the Sep, Dec '23 and Mar '24 quarters above the +25% minimum guideline (C criteria). Erratic annual earnings history (A criteria) is not a match with the fact-based investment system's fundamental guidelines.
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FUTU - NASDAQ - Finance-Invest Bnk/Bkrs Futu Holdings Cl A Ads	$80.27	+2.49 3.20%	$81.86	$77.78	3.20%	1,887,128 112.33%	1,680,000
Most Recent Note for FUTU - 5/17/2024 12:36:41 PM Hitting yet another new multi-year high with today's 5th consecutive gain, rising further above its Dec '22 high ($72.20) with volume-driven gains. Found support near its 50 and 200 DMA lines in recent weeks. Reported Dec '23 quarterly earnings -5% on +4% sales revenues versus the year ago period, below (C criteria) the +25% minimum earnings guideline. Annual earnings (A criteria) growth has been strong. China-based Financial firm completed a new Public Offering on 8/18/20. Completed its $12 IPO on 3/08/19.
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GASS - NASDAQ - Transportation-Ship Stealthgas Inc	$6.99	+0.24 3.54%	$7.09	$7.98	-12.42%	80,746 79.16%	102,000
Most Recent Note for GASS - 5/17/2024 12:37:28 PM It has been wedging higher in recent weeks with gains lacking great volume conviction after finding support at its 200 DMA line. Prior mid-day reports cautioned members - "Fundamental concerns remain due to its erratic sales revenues and earnings history."
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LINC - NASDAQ - DIVERSIFIED SERVICES - Education &; Training Services Lincoln Educational Svcs	$11.89	+0.00 0.00%	$11.99	$13.05	-8.89%	85,718 89.29%	96,000
Most Recent Note for LINC - 5/17/2024 12:40:21 PM Consolidating after rallying last week to a new 52-week high. Reported Mar '24 quarterly earnings +100% on +18% sales revenues versus the year-ago period. Prior quarterly earnings comparisons have not been strong and steady above the +25% minimum guideline (C criteria) and its annual earnings (A criteria) history is also below guidelines.
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MBIN - NASDAQ - Banks-Midwest Merchants Bancorp	$42.52	-0.32 -0.75%	$42.89	$48.68	-12.65%	238,716 126.98%	188,000
Most Recent Note for MBIN - 5/17/2024 12:41:02 PM Gapped down on 5/14/24 for a big loss testing its 50 DMA line after reaching a new 52-week high with a streak of 11 consecutive gains. Reported earnings +68% on +46% sales revenues for the Mar '24 quarter versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) had a downturn in FY '22. Completed $16 IPO on 10/27/17.
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MTX - NYSE - CHEMICALS - Synthetics Minerals Technologies	$82.96	+1.10 1.34%	$83.37	$81.90	1.29%	112,352 80.25%	140,000
Most Recent Note for MTX - 5/17/2024 12:43:19 PM Approaching its all-time high with today's 12th gain in the span of 13 sessions. Fundamental concerns remain as whe last noted in the 2/10/17 mid-day report - "Its earnings history (C and A criteria) is not a match with the fact-based investment system's guidelines."
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NRP - NYSE - ENERGY - Coal Natural Resource Pts LP	$90.35	+0.19 0.21%	$90.35	$102.00	-11.42%	29,334 108.64%	27,000
Most Recent Note for NRP - 5/17/2024 12:43:41 PM Consolidating in a very tight range near its 50 DMA line ($90). Faces little near-term resistance due to overhead supply up to the $102 level. Reported Mar '24 quarterly earnings +11% on -23% sales revenues versus the year-ago period. Prior quarterly comparisons have been subpar versus the year ago periods. Annual earnings (A criteria) history has been erratic but improved after a deep downturn in FY '20.
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PLMR - NASDAQ - INSURANCE - Property & Casualty Insurance Palomar Holdings Inc	$87.37	+2.07 2.43%	$88.00	$86.26	1.29%	149,801 92.47%	162,000
Most Recent Note for PLMR - 5/17/2024 12:46:53 PM Gapped up today hitting a new 52-week high with a gain backed by above average volume. Little resistance remains due to old overhead supply up to the $95 level. Reported strong Sep, Dec '23, and Mar '24 quarters versus the year-ago periods. Annual earnings (A criteria) history has been strong after a downturn in FY '20. Completed its $15 IPO on 4/17/19, a Secondary Offering on 9/25/19, and new Public Offerings on 1/10/20 and 6/24/20.
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TSCO - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other Tractor Supply Co	$280.34	+4.13 1.50%	$280.65	$279.38	0.34%	687,861 69.13%	995,000
Most Recent Note for TSCO - 5/17/2024 12:51:47 PM Hitting another new all-time high with today's 7th consecutive gain, Held its ground and made steady progress in recent weeks after finding support near its 50 DMA line ($260). Fundamental concerns remain. Reported earnings +11% on +3% sales revenues for the Mar '24 quarter versus the year-ago period. Prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings history has been steady.
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ULH - NASDAQ - Transportation-Truck Universal Logistics Hldg	$46.92	-0.92 -1.91%	$48.31	$50.52	-7.14%	31,136 59.88%	52,000
Most Recent Note for ULH - 5/17/2024 12:54:50 PM Consolidating after powering to a new all-time high last week. Faces no more resistance due to overhead supply. Reported Mar '24 quarterly earnings +109% on +12% sales revenues versus the year-ago quarter. Prior 4 quarterly comparisons showed earnings and sales revenues down from the year-ago periods. There was a downturn in FY '20 earnings (A criteria).
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WMT - NYSE - RETAIL - Discount, Variety Stores Wal-Mart Stores	$64.31	+0.30 0.47%	$64.58	$64.42	-0.17%	10,435,090 64.56%	16,164,000
Most Recent Note for WMT - 5/17/2024 12:56:00 PM Gapped up on the prior session for a big volume-driven gain and new all-time high. Reported earnings +22% on +6% sales revenues for the Apr '24 quarter versus the year ago period. The large retailer's sales revenues and earnings increases in quarterly comparisons do not meet the fact-based system's fundamental guidelines.
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