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 MIDDAY BREAKOUTS REPORT - FRIDAY, JUNE 3RD, 2022
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DOW 32905.31 -342.97 (-1.03%) | NASDAQ 12013.45 -303.45 (-2.46%) | S&P 500 4110.52 -66.3 (-1.59%)
Time of Screening : 6/3/2022 12:36:09 PM         Report Released : 6/3/2022 12:57:16 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


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
ACT - NASDAQ - Finance-Mrtg&Rel Svc
Enact Holdings Inc
$24.60 -0.09
-0.34%
$24.87 $25.10 -2.01% 148,498
75.38%
197,000
Most Recent Note for ACT - 6/3/2022 12:37:24 PM
Consolidating above its 50 DMA line ($23.07) and perched within striking distance of its 52-week high, still building on a short flat base. Prior mid-day reports cautioned members - "Quarterly comparisons through Mar '22 show waning sales revenues, not growth."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CPE - NYSE - ENERGY - Independent Oil & Gas
Callon Petroleum Co
$57.94 +0.55
0.95%
$58.88 $66.48 -12.85% 1,123,572
61.33%
1,832,000
Most Recent Note for CPE - 6/3/2022 12:38:36 PM
Encountered distributional pressure this week after challenging its 52-week high since rebounding from below its 50 and 200 DMA lines. Reported earnings +130% on +116% sales revenues for the Mar '22 quarter versus the year ago period, its 4th strong quarterly comparison. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines. Shares split 1/10 in Aug '20. Completed new Public Offerings in Jun '18, Dec, Sep, Apr, and Mar '16, Nov and Mar '15, and Sep '14.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CPG - NYSE - Oil&Gas-Cdn Expl&Prod
Crescent Point Energy
$9.56 +0.14
1.49%
$9.58 $9.16 4.37% 8,833,765
85.71%
10,307,000
Most Recent Note for CPG - 6/3/2022 12:39:29 PM
Perched at its 52-week high with today's 9th consecutive gain. Reported very strong sales revenues and earnings increases in recent quarterly comparisons through Mar '22 versus the year ago periods. Fundamental concerns remain for this low-priced Canadian Oil & Gas firm due to its erratic annual earnings (A criteria) history.
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DGII - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev
Digi International Inc
$24.67 +0.76
3.18%
$24.70 $25.63 -3.75% 98,092
60.93%
161,000
Most Recent Note for DGII - 6/3/2022 12:40:10 PM
Rebounding near previously stubborn resistance in the $25 area with today's 3rd consecutive volume-driven gain. Earnings rose +52% on +23% sales revenues for the Mar '22 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history included a downturn in FY '17-18.
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DMLP - NASDAQ - ENERGY - Independent Oil & Gas
Dorchester Minerals Lp
$31.93 -0.32
-1.00%
$32.50 $31.49 1.39% 71,292
60.93%
117,000
Most Recent Note for DMLP - 6/3/2022 12:40:44 PM
Perched at multi-year highs today following an impressive streak of noted gains backed by above average volume after finding support near its 50 DMA line. Fundamental concerns remain. The 5 latest quarterly comparisons through Mar '22 showed very strong sales revenues and earnings increases over the year ago periods. However, its annual earnings history (A criteria) has been up and down.
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EGY - NYSE - ENERGY - Independent Oil & Gas
Vaalco Energy Inc
$8.40 +0.09
1.13%
$8.77 $8.23 2.11% 946,682
65.79%
1,439,000
Most Recent Note for EGY - 6/3/2022 12:41:22 PM
Hitting another new 52-week high with today's 7th consecutive gain, rising from a 6-week consolidation that included a dip below its 50 DMA line ($6.88). For the Mar '22 quarter it reported earnings +140% on +73%s sales revenues versus the year ago period. Erratic quarterly and annual earnings (C and A criteria) history is a concern. Low priced stocks are riskier choices which the investment system guidelines say should be avoided unless all criteria are soundly satisfied.
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ESTE - AMEX - Oil&Gas-U S Expl&Prod
Earthstone Energy Inc
$20.25 +0.65
3.32%
$21.07 $19.83 2.12% 761,507
65.03%
1,171,000
Most Recent Note for ESTE - 6/3/2022 12:43:50 PM
Hitting yet another new 52-week high with today's volume-driven gain, getting very extended from any sound base. Reported +359% earnings on +160% sales revenues for the Mar '22 quarter versus the year ago period, the 5th consecutive quarterly comparison satisfying the C criteria. Annual earnings (A criteria) had a downturn in FY '20. There is a very small supply of only 39.6 million shares (S criteria) in the public float and as of Mar '22 only 13 top-rated funds (I criteria) own its shares.
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FLNG - NYSE - Oil&Gas-Transprt/Pipelne
Flex Lng Ltd
$29.22 -0.82
-2.73%
$30.47 $32.77 -10.83% 336,683
58.76%
573,000
Most Recent Note for FLNG - 6/3/2022 12:44:49 PM
Posted a big volume-driven gain on the prior session when the mid-day report noted - "Found support recently near prior highs in the $25-26 area and its 50 DMA line. Reported Mar '22 quarterly earnings +19% on -8% sales revenues versus the year ago period. Recent quarterly comparisons had shown strong sales and earnings increases versus the year ago periods. The big downturn in FY '20 annual earnings (A criteria) is a fundamental flaw with respect to the strict guidelines 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  
FORM - NASDAQ - ELECTRONICS - Semiconductor - Broad Line
Formfactor Inc
$40.52 -1.65
-3.91%
$41.46 $47.48 -14.66% 262,699
73.79%
356,000
Most Recent Note for FORM - 6/3/2022 12:48:39 PM
Encountered distributional pressure this week after rebounding above its 50 and 200 DMA lines. Reported earnings +29% on +6% sales revenues for the Mar '22 quarter versus the year ago period, but prior quarterly comparisons were below the +25% minimum guideline (C criteria). Noted with caution in prior mid-day reports - "Fundamental concerns remain as its annual earnings (A criteria) history has not been strong and steady."
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GASS - NASDAQ - Transportation-Ship
Stealthgas Inc
$3.24 +0.08
2.37%
$3.30 $3.17 2.05% 354,110
173.58%
204,000
Most Recent Note for GASS - 6/3/2022 12:49:43 PM
Today's 7th consecutive volume-driven gain has it hitting new multi-year highs. Prior mid-day reports cautioned members - "Fundamental concerns remain due to its erratic sales revenues and earnings history."
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MGY - NYSE - Oil&Gas-U S Expl&Prod
Magnolia O&G Corp Cl A
$27.54 +0.16
0.57%
$27.95 $29.15 -5.54% 1,043,626
65.23%
1,600,000
Most Recent Note for MGY - 6/3/2022 12:51:01 PM
Pulling back from its 52-week high as it completed a new Public Offering this week. For the Mar '22 quarter it reported earnings +137% on +81% sales revenues versus the year ago period, and recent quarterly comparisons were strong. Erratic annual earnings (A criteria) history is a concern.
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev
Super Micro Computer Inc
$54.03 -1.46
-2.63%
$56.48 $58.34 -7.39% 276,304
68.22%
405,000
Most Recent Note for SMCI - 6/3/2022 12:51:27 PM
Found support near prior highs in the $47 area when consolidating after gapping up on 5/04/22 hitting a new all-time high. Prior mid-day reports noted - "Bullish action came after it reported earnings +210% on +81% sales revenues for the Mar '22 quarter versus the year ago period. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ULTA - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other
Ulta Salon Cosm & Frag
$404.16 -12.38
-2.97%
$414.45 $438.63 -7.86% 542,115
68.02%
797,000
Most Recent Note for ULTA - 6/3/2022 12:54:01 PM
Perched within striking distance of its all-time high but sputtering following volume-driven gains last week. Rebounded impressively above its 50 and 200 DMA lines from deep lows after a 5-week retreat falling -25% from the all-time high. Reported very strong Apr, Jul, Oct '21, Jan and Apr '22 quarterly sales revenues and earnings increases in comparisons versus the year ago periods. Big downturn for FY '21 earnings (A criteria) was noted as a flaw concerning the strict fundamental guidelines 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  
WF - NYSE - Banks-Foreign
Woori Finance Hldgs Ads
$35.19 -0.74
-2.06%
$35.83 $39.71 -11.38% 28,952
78.25%
37,000
Most Recent Note for WF - 6/3/2022 12:54:43 PM
Found support recently at its 200 DMA line but remains below its 50 DMA line ($36.69) which has acted as resistance. This Korean Bank holding company reported earnings increases in recent quarterly comparisons through Mar '22 well above the +25% minimum guideline (C criteria). Annual earnings (A criteria) have not been strong and steady.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WIRE - NASDAQ - Electrical-Power/Equipmt
Encore Wire Corp
$133.02 -0.48
-0.36%
$133.57 $151.64 -12.28% 130,448
62.12%
210,000
Most Recent Note for WIRE - 6/3/2022 12:57:06 PM
Reported earnings +300% on +63% sales revenues for the Mar '22 quarter versus the year ago period, its 7th strong quarterly earnings comparison. Showing deceleration in its sales revenues growth rate in sequential comparisons. Fundamental concerns remain. Erratic annual earnings (A criteria) history makes it 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 | ChartC A N S L I M  

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