Mid-Day Breakouts Report - Tuesday, May 28th, 2024

<<<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, October 20, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - TUESDAY, MAY 28TH, 2024
Previous Mid Day Report Next Mid Day Report >>>

DOW 38909.73 -159.86 (-0.41%) | NASDAQ 17008.79 88 (0.52%) | S&P 500 5308.64 3.92 (0.07%)

Time of Screening : 5/28/2024 11:51:17 AM Report Released : 5/28/2024 12:33:47 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
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
CRWD - Crowd Strike	$351.47	-0.01 -0.00%	$358.84	1,664,168 69.25% of 50 DAV 50 DAV is 2,403,000	$365.00 -3.71%	5/28/2024	$351.47	PP = $365.10 MB = $383.36
Most Recent Note - 5/28/2024 12:09:32 PM Y - Color code is changed to yellow with pivot point cited based on its 3/06/24 high plus 10 cents. Perched near its 52-week high after wedging back above its 50 DMA line. Subsequent gains above the pivot point backed by at least +40% above average volume are needed to trigger a new technical buy signal. It was dropped from the Featured Stocks list on 4/17/24. Due to report Apr '24 quarterly results on 6/04/24. Fundamentals have been strong through the Jan '24 quarter when it reported earnings +102% on +33% sales revenues versus the year-ago period. >>> The latest Featured Stock Update with an annotated graph appeared on 4/1/2024. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PDD - NASDAQ Pinduoduo Inc Cl A	$152.98	-4.59 -2.91%	$160.00	11,739,059 113.74% of 50 DAV 50 DAV is 10,321,000	$164.69 -7.11%	5/24/2024	$161.85	PP = $153.09 MB = $160.74
Most Recent Note - 5/28/2024 12:28:38 PM Y - Retreating today with a volume-driven loss testing the prior high which defines initial support to watch. Color code was changed to yellow in the 5/24/24 mid-day report with pivot point cited based on its 1/11/24 high plus 10 cents. Rallied to new 52-week highs with 3 consecutive volume-driven gains clearing a 20-week base during which it found prompt support at its 200 DMA line. Quarterly comparisons through Mar '24 showed encouraging sales revenues and greatly improved earnings versus the year-ago periods with growth rate acceleration. After years of losses, it had a profitable FY '21-23 helping it better match the fundamental annual earnings (A criteria) guidelines of the fact-based investment system. 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
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

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	$101.97	-2.08 -2.00%	$104.18	$105.00	-2.89%	180,029 101.14%	178,000
Most Recent Note for AGYS - 5/28/2024 11:52:42 AM Rallied to new all-time highs with noted volume-driven gains. The 5/17/24 mid-day report last cautioned members - "Reported Mar '24 quarterly results below the +25% minimum guideline (C criteria). After years of losses it had profitable results in FY '20-22."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ASR - NYSE - TRANSPORTATION - Air Services, Other Grupo Aeroportuario Adr	$326.17	-10.88 -3.23%	$336.74	$357.90	-8.87%	23,972 70.51%	34,000
Most Recent Note for ASR - 5/28/2024 11:58:56 AM Slumping from its 52-week high and below its 50 DMA line ($330.53) with today's 3rd consecutive loss. Noted with caution in prior mid-day reports - "Reported +34% earnings on +25% sales revenues for the Mar '24 quarter versus the year ago period. Fundamental concerns remain. Prior quarters were below the investment system's guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CMRE - NYSE - Transportation-Ship Costamare Inc	$15.07	+0.00 0.00%	$15.09	$15.29	-1.44%	371,693 84.09%	442,000
Most Recent Note for CMRE - 5/28/2024 11:59:26 AM Greek shipping firm is perched at its 52-week high and adding to a noted spurt of volume-driven gains. 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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
COKE - NASDAQ - FOOD & BEVERAGE - Beverages - Soft Drinks Coca Cola Btlg Consol	$995.46	+2.81 0.28%	$997.02	$1,030.00	-3.35%	28,780 59.96%	48,000
Most Recent Note for COKE - 5/28/2024 12:00:21 PM Hovering near its all-time high. Reported Mar '24 quarterly earnings +7% on +1% sales revenues versus the year ago period, its 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria). It was dropped from the Featured Stocks list on 10/03/23.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CRH - NYSE - Bldg-Cement/Concrt/Ag C R H Plc Adr	$80.43	-1.51 -1.84%	$82.18	$88.00	-8.60%	1,888,793 57.85%	3,265,000
Most Recent Note for CRH - 5/28/2024 12:02:53 PM It is consolidating back below its 50 DMA line ($82) which is now downward sloping. It was perched within close striking distance of its all-time high when noted in prior mid-day reports - "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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CRTO - NASDAQ - Comml Svcs-Advertising Criteo SA Ads	$39.11	+0.11 0.28%	$39.37	$39.54	-1.09%	181,766 65.62%	277,000
Most Recent Note for CRTO - 5/28/2024 12:04:27 PM On track today for a 4th consecutive volume-driven gain after a brief consolidation since rallying above its Feb '23 high. Found support in recent weeks while consolidating near its 50 DMA line ($36). 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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ESEA - NASDAQ - TRANSPORTATION - Shipping Euroseas Ltd	$38.74	+1.01 2.67%	$39.27	$42.29	-8.40%	46,394 165.69%	28,000
Most Recent Note for ESEA - 5/28/2024 12:10:48 PM Consolidating above its 50 DMA line ($35.88) where it found prompt support last week. Reported Mar '24 quarterly earnings -14% on +11% sales revenues versus the year-ago period. Prior earnings and sales revenues growth history has been below the fundamental guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FSLR - NASDAQ - ELECTRONICS - Semiconductor - Broad Line First Solar Inc	$282.59	+5.85 2.11%	$283.48	$278.80	1.36%	2,595,111 106.44%	2,438,000
Most Recent Note for FSLR - 5/28/2024 12:14:50 PM Up again today for a 4th volume-driven gain in the span of 5 sessions hitting new 52-week highs and approaching its all-time high ($317 in May '08). Reported Mar '24 quarterly earnings +450% on +45% sales revenues versus the year ago period. Recent quarterly comparisons show great improvement. Not a match with the fact-based investment system's guidelines (A criteria) after a loss in FY '22. It was dropped from the Featured Stocks list on 6/4/2008.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FUTU - NASDAQ - Finance-Invest Bnk/Bkrs Futu Holdings Cl A Ads	$76.95	+2.31 3.09%	$80.82	$81.86	-6.00%	2,561,844 165.71%	1,546,000
Most Recent Note for FUTU - 5/28/2024 12:19:01 PM Perched near multi-year highs with today's volume-driven gain. Found support near its Dec '22 high ($72.20) on the recent pullback. Reported Mar '24 quarterly earnings -10% on +4% sales revenues versus the year ago period. Volume and volatility often increase near earnings news. Prior quarterly earnings were also 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.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GASS - NASDAQ - Transportation-Ship Stealthgas Inc	$7.89	+0.52 7.06%	$8.00	$7.98	-1.13%	270,335 233.05%	116,000
Most Recent Note for GASS - 5/28/2024 12:20:35 PM Hitting a new 52-week high with today's big 3rd consecutive volume-driven gain. Made steady progress since 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."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
HEI - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services Heico Corp	$215.22	-2.09 -0.96%	$218.22	$219.35	-1.88%	203,923 63.13%	323,000
Most Recent Note for HEI - 5/28/2024 12:22:31 PM Hovering near its all-time high. Posted a couple of volume-driven gains since rallying from below its 50 DMA line. Reported Jan '24 quarterly earnings +14% on +44% sales revenues versus the year-ago period. Prior quarterly comparisons versus the year-ago periods have not been strong and steady above the +25% minimum earnings guideline (C criteria) of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
IR - NYSE - MANUFACTURING - Diversified Machinery Ingersoll-Rand Co Cl A	$94.53	-0.98 -1.02%	$95.67	$96.67	-2.22%	1,582,570 59.14%	2,676,000
Most Recent Note for IR - 5/28/2024 12:26:33 PM Rebounded from below its 50 DMA line to reach a new all-time high last week with volume-driven gains. Reported Mar '24 quarterly earnings +20% on +3% sales revenues versus the year-ago period. Prior quarterly earnings comparisons were below the +25% minimum guideline (C criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
QCOM - NASDAQ - TELECOMMUNICATIONS - Communication Equipment Qualcomm Inc	$215.18	+4.82 2.29%	$217.43	$211.30	1.84%	4,845,215 59.46%	8,149,000
Most Recent Note for QCOM - 5/28/2024 12:30:08 PM Hitting yet another new 52-week high today adding to recent gains marked by volume. Prior mid-day reports noted - "Reported Mar '24 quarterly earnings +13% on +1% sales revenues versus the year ago period. Prior quarterly earnings increases were below the fact-based investment system's +25% earnings guideline. Annual earnings (A criteria) history has been up and down."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
STEP - NASDAQ - Finance-Investment Mgmt StepStone Group Inc	$44.08	+2.37 5.69%	$44.43	$41.80	5.46%	276,566 74.15%	373,000
Most Recent Note for STEP - 5/28/2024 12:30:51 PM Hitting new 52-week highs with today's 5th consecutive gain marked by higher volume, clearing previously stubborn resistance in the $37 area. Fundamental concerns remain. Limited history is a concern. Completed its $18 IPO on 9/16/20.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
TXRH - NASDAQ - LEISURE - Restaurants Texas Roadhouse Inc	$172.13	+3.38 2.00%	$173.21	$170.76	0.80%	422,849 58.32%	725,000
Most Recent Note for TXRH - 5/28/2024 12:32:18 PM Hitting a new all-time high with today's gain. Reported Mar '24 quarterly earnings +32% on +13% sales revenues versus the year-ago period but fundamental concerns remain. Quarterly earnings were not strong and steady above the +25% minimum guideline (C criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VRT - NYSE - Electrical-Power/Equipmt Vertiv Holdings Llc	$106.08	-0.09 -0.08%	$109.00	$109.27	-2.92%	5,402,690 60.77%	8,891,000
Most Recent Note for VRT - 5/28/2024 12:33:42 PM Perched at its all-time high, extended from any sound base. Found prompt support near its 50 DMA line on the last pullback. Showed very strong quarterly earnings increases through Mar '24 versus the year-ago periods, but sequential comparisons show worrisome deceleration in its sales revenues and earnings growth rate. Limited history is a concern. Annual earnings history has been up and down.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C 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.