Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, January 28, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - FRIDAY, MAY 18TH, 2012
Previous Mid Day Report Next Mid Day Report >>>

DOW 12422.51 -19.98 (-0.16%) | NASDAQ 2815.92 2.23 (0.08%) | S&P 500 1303.34 -1.52 (-0.12%)
Time of Screening : 5/18/2012 11:47:15 AM         Report Released : 5/18/2012 12:49:54 PM
Price is: Above 52W High and Less Than 52W High but within 7% 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
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
COO - NYSE
Cooper Companies Inc
$85.31 -0.44
-0.51%
$86.04 314,875
71.94% of 50 DAV
50 DAV is 437,700
$89.31
-4.48%
3/9/2012 $83.05 PP = $81.02
MB = $85.07
Most Recent Note - 5/18/2012 12:06:17 PM
G - Consolidating above prior highs in the $83-84 area and its 50 DMA line, important near-term support. A subsequent violation may trigger a worrisome sell signal.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/9/2012. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
NTES - NASDAQ
Netease Inc Adr
$60.75 +0.28
0.46%
$61.65 405,193
57.96% of 50 DAV
50 DAV is 699,100
$63.07
-3.68%
3/19/2012 $56.18 PP = $55.10
MB = $57.86
Most Recent Note - 5/18/2012 12:38:10 PM
G - Up again today following a gap up on the prior session for a new 52-week high. It had not formed a sound base pattern, however no overhead supply remains to act as resistance. Reported earnings +33% on +36% sales revenues for the quarter ended March 31, 2012 versus the year ago period and it received an analyst upgrade. Recent lows near the $55 area define important chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/27/2012. 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
BIIB - NASDAQ - DRUGS - Biotechnology
Biogen Idec Inc
$131.46 -1.42
-1.07%
$133.32 $138.49 -5.08% 808,898
66.88%
1,209,500
Most Recent Note for BIIB - 5/18/2012 12:01:29 PM
Pulling back from its 52-week high with today's 3rd consecutive loss. It was last noted in the 5/01/12 mid-day report after volume-driven gains clearing orderly base-on-base patterns - "Reported earnings -2% on +7% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Earnings and sales growth history is below the guidelines of the fact-based investment system, still. It survived but failed to impress since noted in October 2007 mid-day reports after a huge gap up on news if had interested buyers including Carl Icahn."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CLB - NYSE - ENERGY - Oil & Gas Equipment & Services
Core Laboratories Nv
$136.64 -0.26
-0.19%
$138.89 $143.21 -4.59% 377,721
80.88%
467,000
Most Recent Note for CLB - 5/18/2012 12:02:49 PM
Churning heavy volume this week without making meaningful price progress, a sign it is enduring distributional pressure amid widespread market (M criteria) weakness. It has not formed a sound base, yet it found support at its 50 DMA line and extended its rally from prior highs in the $120 area since noted in the 4/19/12 mid-day report - "Quarterly sales revenues and earnings growth has been in line with the investment system's guidelines concerning the C criteria. Annual earnings growth has been strong following a dip in its FY '09 earnings."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CRWS - NASDAQ - Consumer Prod-Specialty
Crown Crafts Inc
$5.49 +0.03
0.55%
$5.55 $5.84 -5.99% 25,170
82.25%
30,600
Most Recent Note for CRWS - 5/18/2012 12:07:48 PM
Consolidating in a tight range since last noted in the 4/27/12 mid-day report noted - "This low-priced stock does not meet the fact-based investment system's guidelines. Its earnings history has not been strong and steady."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CVS - NYSE - RETAIL - Drug Stores
C V S Caremark Corp
$44.64 -0.23
-0.51%
$45.21 $46.22 -3.42% 4,798,049
64.65%
7,421,800
Most Recent Note for CVS - 5/18/2012 12:17:01 PM
Hovering near its 52-week and all-time highs, encountering recent distributional pressure yet holding its ground above its 50 DMA line. Fundamental (earnings growth) concerns still apply through its Mar '12 quarterly results after the Retail - Drug Store firm reported earnings +14% on +20% sales revenues versus the year ago period. It survived but failed to impress since long ago noted in the 5/06/08 mid-day report - "Earnings growth below guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FL - NYSE - RETAIL - Apparel Stores
Foot Locker Inc
$30.62 +2.61
9.32%
$31.83 $32.27 -5.11% 3,970,759
193.58%
2,051,200
Most Recent Note for FL - 5/18/2012 12:21:30 PM
Reported earnings +38% on +9% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Gapped up today, rallying above its 50 DMA line. It had slumped below that important short-term average since last noted in the 3/30/12 mid-day report - "Quarterly results showed strong earnings increases but sales revenues growth has been sub par and its annual earnings (A criteria) history is not a good match with the investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
HOMB - NASDAQ - BANKING - Regional - Southeast Banks
Home Bancshares Inc
$27.95 -0.05
-0.18%
$28.78 $29.66 -5.77% 56,985
71.59%
79,600
Most Recent Note for HOMB - 5/18/2012 12:26:06 PM
Reported earnings +21% on +1% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Technically, it broke out on 4/20/12 and is now consolidating above prior highs and its 50 DMA line defining support in the $27 area. Last noted in the 1/30/12 mid-day report - "Reported earnings +19% on -27% sales revenues for the quarter ended December 31, 2011 versus the year ago period. Lackluster sales revenues growth is a concern."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
IBM - NYSE - COMPUTER HARDWARE - Diversified Computer Systems
Intl Business Machines
$196.61 -1.28
-0.65%
$198.78 $210.69 -6.68% 2,582,693
65.34%
3,953,000
Most Recent Note for IBM - 5/18/2012 12:28:35 PM
Slumping below its 50 DMA line. Last noted in the 4/18/12 mid-day report - Reported earnings +15% on +0% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Quarterly sales revenues and earnings increases have not met the investment system guidelines. It has maintained a solid annual earnings (A criteria) history since it was dropped from the Featured Stocks list on 9/05/08. Earnings growth has been slow and steady in the +13-18% range in quarterly comparisons versus the year ago period, however sales revenue growth in prior periods has been in the +2-8% range, farther below guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
INOD - NASDAQ - INTERNET - Internet Software & Services
Innodata Inc
$5.83 +0.23
4.11%
$5.83 $6.24 -6.57% 44,652
98.79%
45,200
Most Recent Note for INOD - 5/18/2012 12:31:33 PM
Still perched within close striking distance of its 52-week high today. Reported earnings of 13 cents per share versus 1 cent per share with sales revenues up +71% for the latest quarter ended March 31, 2012 versus the year ago period. Encountered stubborn resistance in the $6 area and found support near its 50 DMA line when consolidating. Prior mid-day reports noted - "Its recent quarterly comparisons (through Dec '11) showed improving sales growth and big earnings increases. A loss in FY '10 and erratic annual earnings history (A criteria) leave fundamental concerns as it does not match the investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MBWM - NASDAQ - BANKING - Regional - Midwest Banks
Mercantile Bank Corp
$15.16 -0.07
-0.46%
$15.37 $15.49 -2.13% 19,132
61.72%
31,000
Most Recent Note for MBWM - 5/18/2012 12:32:52 PM
Sales revenues and earnings history is not a match with the fact-based investment system's guidelines today. It survived but failed to impress since noted in the 7/25/05 mid-day report - "Technically not desirable."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MIDD - NASDAQ - MANUFACTURING - Diversified Machinery
Middleby Corp
$100.21 +2.03
2.07%
$101.14 $104.00 -3.64% 95,399
88.66%
107,600
Most Recent Note for MIDD - 5/18/2012 12:37:03 PM
Consolidating near its all-time high. Recent quarterly comparisons show improving sales and earnings, but its growth history is below the guidelines of the fact-based system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NWSA - NASDAQ - MEDIA - Entertainment - Diversified
News Corporation Cl A
$19.29 -0.18
-0.90%
$19.54 $20.70 -6.84% 9,018,157
60.60%
14,882,400
Most Recent Note for NWSA - 5/18/2012 12:42:03 PM
Today's 6th consecutive loss has it trading below its 50 DMA line. Slumped back into its prior base after hitting a new 52-week high, encountering resistance following its gap up on 5/10/12 after reporting earnings +42% on +2% sales revenues for the quarter ended March 31, 2012 versus the year ago period. Quarterly and annual sales revenues and earnings history is not a match with the fact-based system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SSNC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
S S & C Technologies
$23.10 -0.38
-1.62%
$23.90 $24.58 -6.02% 106,542
58.22%
183,000
Most Recent Note for SSNC - 5/18/2012 12:44:38 PM
Consolidating above its 50 DMA line, encountering distributional pressure. Last noted in the 4/18/12 mid-day report after a spurt of volume-driven gains - "No overhead supply remains to hinder its progress. Fundamentals are not a match with the fact-based investment system's winning models. Annual earnings (A criteria) history has been strong but the past 6 quarterly comparisons through Dec '11 showed earnings increases below the +25% minimum guideline for buy candidates."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TJX - NYSE - RETAIL - Discount, Variety Stores
T J X Cos Inc
$40.09 -0.85
-2.08%
$40.87 $42.81 -6.35% 3,844,788
78.90%
4,872,800
Most Recent Note for TJX - 5/18/2012 12:45:55 PM
The 5/15/12 mid-day report noted - "Reported earnings +41% on +11% sales revenues for the quarter ended April 30, 2012 versus the year ago period. Rallying from its 50 DMA line to challenge its 52-week high with today's considerable gain. Despite the better earnings increase in the latest quarterly comparison, prior mid-day reports noted- 'Quarterly and annual earnings history has been below the fact-based investment system's guidelines.'"
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TRIB - NASDAQ - DRUGS - Diagnostic Substances
Trinity Biotech Plc Adr
$11.14 -0.13
-1.15%
$11.23 $11.75 -5.19% 25,687
57.85%
44,400
Most Recent Note for TRIB - 5/18/2012 12:47:52 PM
Consolidating above prior highs and its 50 DMA line in the $11 area that define chart support. Last noted in the 4/25/12 mid-day report - "Low-priced stock is hitting a new 52-week high today. Annual earnings (A criteria) showed steady increases since a downturn in FY '08. This Ireland-based firm hailing from the Medical - Products industry group is not a match with the winning models from the book, 'How To Make Money In Stocks'. The past 8 quarterly earnings comparisons through Mar '12 were below the +25% minimum guideline of the fact-based investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WST - NYSE - Medical-Supplies
West Pharmaceutical Svcs
$45.02 -0.59
-1.29%
$45.60 $46.56 -3.31% 158,526
110.70%
143,200
Most Recent Note for WST - 5/18/2012 12:49:19 PM
The 5/17/12 mid-day report noted - "Its earnings were above the +25% minimum guideline in the Dec '11 and Mar '12 quarterly comparisons. Prior quarterly and annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines. It survived but failed to impress since 3/05/07 when it was dropped from the Featured Stocks list."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  

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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

 We appreciate any feedback members may wish to send via the inquiry form here.

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.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us