Mid-Day Breakouts Report - Monday, May 18th, 2020

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MIDDAY BREAKOUTS REPORT - MONDAY, MAY 18TH, 2020
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DOW 24506.26 820.84 (3.47%) | NASDAQ 9231.56 217 (2.41%) | S&P 500 2951.65 87.95 (3.07%)

Time of Screening : 5/18/2020 12:20:06 PM Report Released : 5/18/2020 12:48:53 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

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
BBY - NYSE - RETAIL - Electronics Stores Best Buy Co Inc	$86.76	+8.15 10.37%	$86.86	$91.99	-5.69%	2,117,506 68.68%	3,083,000
Most Recent Note for BBY - 5/18/2020 12:23:33 PM Gapped up today rebounding toward its all-time high. Went through a deep consolidation since last noted with caution in the 2/27/20 mid-day report - "Reported earnings +7% on +3% sales revenues for the Jan '20 quarter. Prior earnings comparisons were also below the +25% minimum guideline (C criteria). Prior sales revenues growth history is below the guidelines of the fact-based investment system. Annual earning (A criteria) growth has not been strong and steady, but improved since a drastic downturn in FY '13-14."
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BLK - NYSE - FINANCIAL SERVICES - Investment Brokerage - Regiona Blackrock Inc	$519.00	+5.27 1.03%	$528.79	$576.81	-10.02%	1,317,151 84.70%	1,555,000
Most Recent Note for BLK - 5/18/2020 12:25:21 PM Making more progress above its 200 DMA line since pricing a new Public Offering last week. Reported earnings +0% on +11% sales revenues for the quarter ended March 31, 2020 versus the year ago period, and fundamental concerns remain. Noted with caution in the 1/22/18 mid-day report while perched at its all-time high - "Prior earnings history (C and A criteria) is not a match with the fact-based investment system's guidelines."
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CHGG - NYSE - Consumer Svcs-Education Chegg Inc	$62.76	-3.90 -5.85%	$66.87	$67.98	-7.68%	2,750,350 77.02%	3,571,000
Most Recent Note for CHGG - 5/18/2020 12:26:57 PM Pulling back today. Held its ground stubbornly and edged higher 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. Went through a choppy consolidation since dropped from the Featured Stocks list on 9/03/19. Fundamentals have remained strong.
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CMCL - AMEX - Mining-Gold/Silver/Gems Caledonia Mining Corp	$14.21	+1.01 7.68%	$14.24	$13.90	2.26%	69,758 188.54%	37,000
Most Recent Note for CMCL - 5/18/2020 12:27:33 PM Perched at its 52-week high. Reported strong Mar '20 quarterly results, but prior quarterly comparisons were negative versus the year ago periods.
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DRD - NYSE - METALS & MINING - Gold Drdgold Ltd Adr	$9.75	-0.59 -5.71%	$10.49	$10.36	-5.89%	556,937 107.10%	520,000
Most Recent Note for DRD - 5/18/2020 12:28:13 PM Reversed into the red after hitting another new 52-week high today. Stubbornly held its ground following a volume-driven gain on 5/04/20. Due to report Mar '20 quarterly results on 5/19/20. Recent quarterly comparisons through Dec '19 showed greatly improved sales revenues and strong earnings increases versus year ago losses. Fundamental concerns remain as noted in prior mid-day reports - "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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ECOM - NYSE - Computer Sftwr-Enterprse ChannelAdvisor Corp	$12.92	+0.33 2.62%	$13.17	$13.16	-1.82%	171,210 66.10%	259,000
Most Recent Note for ECOM - 5/18/2020 12:29:15 PM Showed bullish action since recently reporting Mar '20 quarterly earnings +326% on +1% sales revenues versus the year ago period. Faces little resistance due to overhead supply up to the $14 level. Prior mid-day reports noted - "Recent quarterly earnings increases have been strong through Dec '19, but with no sales revenues growth. Erratic annual earnings (A criteria)."
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GAU - AMEX - Mining-Gold/Silver/Gems Galiano Gold Inc	$1.25	-0.03 -1.97%	$1.30	$1.28	-2.73%	509,562 89.24%	571,000
Most Recent Note for GAU - 5/18/2020 12:30:09 PM Perched at its 52-week high. Formerly known as Asanko Gold Inc (AKG), it has been stubbornly holding its ground following a spurt of volume-driven gains. Repeatedly noted in prior mid-day reports - "Fundamentals are sub par."
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$29.52	+0.85 2.95%	$29.55	$29.13	1.32%	651,629 89.02%	732,000
Most Recent Note for GMAB - 5/18/2020 12:31:01 PM Reported Mar '20 quarterly earnings +200% on +48% sales revenues versus the year ago period its 3rd consecutive strong quarterly comparison. Impressively rebounded and it is perched at its all-time high following a streak of gains after a deep "V" shaped consolidation. Limited history remains a concern and has not been a good match with the fundamental guidelines of the fact-based investment system.
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GOLF - NYSE - Leisure-Products Acushnet Holdings Corp	$29.70	+1.47 5.21%	$29.97	$33.50	-11.34%	530,342 96.08%	552,000
Most Recent Note for GOLF - 5/18/2020 12:32:12 PM Fundamental concerns remain after reporting Mar '20 earnings -74% on -6% sales revenues versus the year ago period.
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INVA - NASDAQ - Medical-Biomed/Biotech Innoviva Inc	$14.48	+0.54 3.87%	$14.60	$15.35	-5.67%	787,520 91.57%	860,000
Most Recent Note for INVA - 5/18/2020 12:32:39 PM Reported earnings +90% on +43% sales revenues for the Mar '20 quarter versus the year ago period. Prior 4 quarterly earnings comparisons were down from the year ago periods with sub par sales revenues growth. Damaging volume-driven losses triggered technical sell signals when noted on 2/07/19 as it was dropped from the Featured Stocks list.
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JD - NASDAQ - Retail-Internet JD.com Inc Cl A Ads	$53.97	+3.12 6.14%	$54.13	$51.01	5.80%	13,994,787 75.43%	18,553,000
Most Recent Note for JD - 5/18/2020 12:33:08 PM Hitting new 52-week and all-time highs with today's 5th consecutive gain backed by ever-increasing volume. Found prompt support near its 200 DMA line in recent weeks. Reported Mar '20 quarterly earnings -15% on +15% sales revenues versus the year ago period. Prior mid-day reports cautioned members - "This Chinese retailer last reported earnings +14% on +22% sales revenues for the Dec '19 quarter, breaking a streak of much stronger increases in the 4 prior quarterly comparisons versus the year ago periods. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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LOGI - NASDAQ - COMPUTER HARDWARE - Computer Peripherals Logitech Intl Sa	$54.57	+1.56 2.94%	$54.86	$54.43	0.26%	438,451 83.83%	523,000
Most Recent Note for LOGI - 5/18/2020 12:34:06 PM This Switzerland-based Computer - Hardware/Peripherals firm reported earnings +11% on +14% sales revenues for the Mar '20 quarter. Hitting another new all-time high today following volume-driven gains last week. Fundamental concerns remain. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
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MODN - NYSE - Computer Sftwr-Enterprse Model N Inc	$32.31	-0.12 -0.37%	$33.90	$35.84	-9.85%	249,245 72.45%	344,000
Most Recent Note for MODN - 5/18/2020 12:35:20 PM It did not form a sound base pattern yet rebounded impressively toward its 52-week high after a deep pullback. Resistance remains due to overhead supply up to the $36 level. Recent quarterly comparisons through Mar '20 show greatly improved earnings increases and sales revenues growth also improving.
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NBIX - NASDAQ - DRUGS - Biotechnology Neurocrine Biosciences	$123.40	+6.90 5.92%	$123.97	$119.65	3.13%	633,803 74.04%	856,000
Most Recent Note for NBIX - 5/18/2020 12:37:19 PM Hitting a new 52-week high and approaching its all-time high ($126.98 in Sep '18) with today's gap up gain. Recent quarterly comparisons through Mar '20 showed greatly improved sales revenues and earnings increases versus year ago periods (C criteria). After years of losses it reported annual earnings (A criteria) in FY '18 and '19.
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NIU - NASDAQ - Leisure-Products Niu Technologies Cl A Ads	$9.25	+0.19 2.10%	$9.29	$10.10	-8.42%	177,825 106.48%	167,000
Most Recent Note for NIU - 5/18/2020 12:37:34 PM Limited history is a concern for this China-based maker of e-scooters.
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NVDA - NASDAQ - ELECTRONICS - Semiconductor - Specialized Nvidia Corp	$351.86	+12.23 3.60%	$356.66	$340.02	3.48%	9,899,665 66.85%	14,809,000
Most Recent Note for NVDA - 5/18/2020 12:39:31 PM Gapped up today hitting a new all-time high. Recently completed the Mellanox Technologies (MLNX) acquisition. Reported earnings +136% on +41% sales revenues for the Jan '20 quarter versus the year ago period. The 4 prior quarterly comparisons had lower sales revenues and lower earnings (negative comparisons) versus the year ago periods. Up and down annual earnings (A criteria) history is also not a match with the fact-based investment system's guidelines.
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Nova Ltd	$43.34	+0.32 0.74%	$45.09	$43.80	-1.05%	85,607 80.01%	107,000
Most Recent Note for NVMI - 5/18/2020 12:41:37 PM This Semiconductor Equipment firm headquartered in Israel hit another new all-time high today following big volume-driven gains last week. Reported Mar '20 earnings +27%% on +8% sales revenues versus the year ago period. Prior quarterly comparisons were negative, not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been up and down.
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PFSW - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services P F S Web Inc	$6.42	+0.09 1.42%	$6.78	$6.40	0.31%	158,964 189.24%	84,000
Most Recent Note for PFSW - 5/18/2020 12:42:03 PM Hitting yet another new 52-week high today following a recent streak of volume-driven gains, however, overhead supply remains to act as resistance. The prior mid-day reports repeatedly cautioned members - "Reported earnings +400% on +6% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) and sales revenues growth history has not been a match with the fact-based investment system's fundamental guidelines."
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PKI - NYSE - Medical-Research Eqp/Svc Perkinelmer Inc	$91.95	-0.91 -0.98%	$94.00	$102.46	-10.26%	1,138,155 108.09%	1,053,000
Most Recent Note for PKI - 5/18/2020 12:43:06 PM Recently rebounding toward its 52-week and its all-time highs after a deep pullback. Consolidating since the 5/06/20 mid-day report last cautioned members -"Reported earnings -3% on +1% sales revenues for the Mar '20 quarter, and fundamental concerns remain. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been gradually improving after a downturn in FY '15."
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PW - AMEX - REAL ESTATE - REIT - Diversified/Industrial Power REIT	$22.47	+2.67 13.48%	$24.92	$20.49	9.66%	121,772 283.19%	43,000
Most Recent Note for PW - 5/18/2020 12:43:35 PM Gapped up again for a new 52-week high with today's 4th consecutive big volume-driven gain. Rebounded impressively after a deep pullback in recent weeks. This REIT reported earnings +36% on +58% sales revenues for the Mar '20 quarter. Fundamental concerns remain as prior earnings increases in quarterly comparisons were below the +25% minimum guideline (C criteria).
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QDEL - NASDAQ - DRUGS - Diagnostic Substances Quidel Corp	$183.93	-13.34 -6.76%	$201.97	$210.81	-12.75%	812,803 88.25%	921,000
Most Recent Note for QDEL - 5/18/2020 12:44:13 PM Pulling back from its high after getting very extended from any sound base with a considerable gap up on 5/11/20 following FDA approval of a new coronavirus test. Reported Mar '20 quarterly earnings +34% on +18% sales revenues versus the year ago period, and sequential comparisons show encouraging acceleration in its sales revenues growth rate. This San Diego, CA based maker of rapid diagnostic tests for infectious diseases has earned a high Earnings Per Share rating of 97. Prior quarterly earnings comparisons were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history include a slight downturn in FY '19 following very strong earnings growth in FY '17 and '18.
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SSRM - NASDAQ - Mining-Gold/Silver/Gems SSR Mining Inc	$21.11	-0.20 -0.94%	$21.99	$21.46	-1.63%	1,375,908 66.95%	2,055,000
Most Recent Note for SSRM - 5/18/2020 12:44:35 PM Gapped up on the prior session hitting a new 52-week high with a considerable volume-driven gain. Impressively rebounded after a deep pullback. Bullish action came after it reported Mar '20 quarterly earnings +121% on +30% sales revenues versus the year ago period. The 4 prior quarterly comparisons through Dec '19 showed very strong sales revenues and earnings increases versus the year ago periods. Up and down annual earnings history (A criteria) leaves fundamental concerns.
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TECD - NASDAQ - WHOLESALE - Computers Wholesale Tech Data Corp	$132.61	-4.67 -3.40%	$136.75	$151.47	-12.45%	640,189 88.55%	723,000
Most Recent Note for TECD - 5/18/2020 12:44:58 PM Prior mid-day reports have cautioned members - "Consolidating following noted M&A news. Fundamental concerns remain due to lack of sales revenues growth while its prior quarterly earnings history has not been strong and steady above the +25% minimum guideline (C criteria) of the fact-based investment system."
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THO - NYSE - AUTOMOTIVE - Recreational Vehicles Thor Industries Inc	$77.69	+6.16 8.61%	$79.85	$89.45	-13.15%	843,520 67.00%	1,259,000
Most Recent Note for THO - 5/18/2020 12:45:26 PM Gapped up today rebounding toward 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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VIPS - NYSE - Retail-Internet Vipshop Holdings Ltd Ads	$16.55	-0.31 -1.81%	$17.23	$18.95	-12.69%	5,845,187 80.99%	7,217,000
Most Recent Note for VIPS - 5/18/2020 12:47:15 PM Found support near its 50 DMA line while consolidating near its 52-week high. Faces very little resistance due to overhead supply up to the $19 level. Reported earnings +116% on +11% sales revenues for the Dec '19 quarter, its 3rd strong quarterly comparison with earnings above the +25% minimum guideline (C criteria). Apr '15 high was $30, up considerably from its Mar '12 IPO at a split-adjusted $0.70 per share. Completed a Secondary offering on 3/11/14. Downturn in FY '18 is a noted flaw in its annual earnings (A criteria) history.
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WSTG - NASDAQ - Wholesale-Electronics Wayside Tech Group Inc	$20.75	+1.25 6.41%	$20.89	$19.95	4.01%	50,431 315.19%	16,000
Most Recent Note for WSTG - 5/18/2020 12:48:00 PM Hitting another new 52-week high today with another big volume-driven gain. Held its ground stubbornly following big volume-driven gains when recently noted as prior mid-day reports cautioned members - "Reported earnings +50% on +40% sales revenues for the Mar '20 quarter versus the year ago period. 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	$20.18	-0.83 -3.95%	$22.75	$22.48	-10.23%	919,620 147.85%	622,000
Most Recent Note for ZYXI - 5/18/2020 12:48:49 PM Reversed into the red after early gains today touched a new 52-week high. Very extended from any sound base after an impressive spurt of volume-driven gains. Prior mid-day reports cautioned members - "Found prompt support near its 200 DMA line in recent weeks. 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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