Mid-Day Breakouts Report - Monday, June 6th, 2022

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MIDDAY BREAKOUTS REPORT - MONDAY, JUNE 6TH, 2022
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DOW 33039.81 140.11 (0.43%) | NASDAQ 12118.47 105.73 (0.88%) | S&P 500 4137.75 29.21 (0.71%)

Time of Screening : 6/6/2022 12:07:12 PM Report Released : 6/6/2022 1:08:18 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.
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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
COKE - NASDAQ Coca Cola Btlg Consol	$629.97	+26.97 4.47%	$644.46	30,094 79.19% of 50 DAV 50 DAV is 38,000	$638.00 -1.26%	6/6/2022	$629.97	PP = $637.49 MB = $669.36
Most Recent Note - 6/6/2022 12:27:30 PM Y - Color code is changed to yellow with pivot point cited based on its 1/13/22 high plus 10 cents. Hit new all-time highs earlier today with its 4th consecutive volume-driven gain. A strong gain and close above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Reported earnings increases above the +25% minimum in the of the past 4 quarterly comparisons through Mar '22 quarters versus the year ago periods. Annual earnings (A criteria) growth has been strong after a downturn in FY '18 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
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LLY - NYSE Lilly Eli & Co	$309.01	+7.36 2.44%	$315.13	1,706,597 57.60% of 50 DAV 50 DAV is 2,963,000	$324.08 -4.65%	5/16/2022	$302.46	PP = $314.10 MB = $329.81
Most Recent Note - 6/6/2022 12:48:22 PM Y - Consolidating above its 50 DMA line ($297) which defines important near-term support to watch. Pivot point cited was based on its 4/07/22 high plus 10 cents. Subsequent gains above the pivot point backed by at least +40% above average volume may help clinch a convincing technical buy signal. Fundamentals remain strong. >>> The latest Featured Stock Update with an annotated graph appeared on 5/16/2022. Click here.
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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	$25.09	+0.11 0.42%	$25.86	$25.10	-0.06%	253,953 120.93%	210,000
Most Recent Note for ACT - 6/6/2022 12:09:19 PM Reversed into the red after hitting a new high today. Recently consolidated above its 50 DMA line ($23.13) while building a short flat base. Prior mid-day reports cautioned members - "Quarterly comparisons through Mar '22 show waning sales revenues, not growth."
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ARIS - NYSE - Pollution Control Aris Water Solutions Cl A	$21.10	+1.00 4.98%	$21.79	$22.00	-4.09%	382,634 132.40%	289,000
Most Recent Note for ARIS - 6/6/2022 12:09:55 PM Hovering near its 52-week high following recently noted volume-driven gains. Prior mid-day reports noted - "Limited history is a concern after its $13 IPO on 10/22/21. Had a loss of 16 cents per share in FY '21.
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ASH - NYSE - ENERGY - Oil & Gas Refining & Marketing Ashland Inc	$110.05	+3.02 2.82%	$112.91	$111.05	-0.90%	493,038 123.26%	400,000
Most Recent Note for ASH - 6/6/2022 12:15:36 PM Hit new 52-week and all-time highs with today's volume-driven gain. Reported earnings +79% on +19% sales revenues for the Mar '22 quarter versus the year ago period. Annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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AUY - NYSE - METALS & MINING - Gold Yamana Gold Inc	$5.53	-0.15 -2.64%	$5.74	$6.40	-13.59%	14,335,657 59.78%	23,981,000
Most Recent Note for AUY - 6/6/2022 12:16:26 PM Rose above its 50 DMA line ($5.54) with recent volume-driven gains following M&A news. Reported earnings +29% on +5% sales revenues for the Mar '22 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline for buy candidates (C criteria). Prior sales revenues and earnings history is not a match with the fact-based investment system's fundamental guidelines.
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AZN - NYSE - DRUGS - Drug Manufacturers - Major Astrazeneca Plc Ads	$63.77	-1.93 -2.94%	$64.72	$71.70	-11.06%	5,763,924 82.40%	6,995,000
Most Recent Note for AZN - 6/6/2022 12:18:22 PM Slumping below its 50 DMA line toward its 200 DMA line with a gap down today. Prior mid-day reports noted - "Prior quarterly and annual earnings history is not a match with the fundamental guidelines of the fact-based investment system."
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BCH - NYSE - BANKING - Foreign Regional Banks Banco De Chile Adr	$20.60	-0.33 -1.58%	$21.12	$22.10	-6.79%	98,631 72.52%	136,000
Most Recent Note for BCH - 6/6/2022 12:18:48 PM Reported Mar '22 quarterly earnings +68% on +45% sales revenues for the Mar '22 quarter versus the year ago period. Sputtering since the 4/08/22 mid-day report cautioned members - "Recent quarterly comparisons through Dec '21 showed strong earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has not been strong and steady."
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CERN - NASDAQ - Computer Sftwr-Medical Cerner Corp	$94.98	+0.01 0.01%	$94.98	$95.40	-0.45%	1,711,488 59.24%	2,889,000
Most Recent Note for CERN - 6/6/2022 12:19:02 PM Fundamental concerns remain after it reported earnings +17% on +3% sales revenues for the Mar '22 quarter versus the year ago period. Consolidating following a gap up in Dec '21 after M&A news.
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DGICA - NASDAQ - Insurance-Prop/Cas/Titl Donegal Group Inc Cl A	$16.27	+0.10 0.62%	$16.30	$16.34	-0.43%	69,755 101.09%	69,000
Most Recent Note for DGICA - 6/6/2022 12:28:45 PM Perched within close striking distance of its 52-week high. Reported earnings +48% on +5% sales revenues for the Mar '22 quarter versus the year ago period. Prior mid-day reports repeatedly cautioned members - "Prior quarterly sales revenues and earnings growth has not been strong and steady. Annual earnings (A criteria) history also has been up and down."
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DGII - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev Digi International Inc	$25.33	-0.39 -1.52%	$26.00	$26.03	-2.69%	214,635 121.95%	176,000
Most Recent Note for DGII - 6/6/2022 12:31:34 PM Hit a new 52-week high with considerable volume-driven gains last week while noted with caution in prior mid-day reports - "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	$31.46	-0.04 -0.13%	$32.01	$32.50	-3.20%	102,965 85.80%	120,000
Most Recent Note for DMLP - 6/6/2022 12:32:39 PM Perched at multi-year highs 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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EGLE - NASDAQ - Transportation-Ship Eagle Bulk Shipping Inc	$76.59	+0.49 0.64%	$78.75	$76.82	-0.30%	410,144 92.79%	442,000
Most Recent Note for EGLE - 6/6/2022 12:35:33 PM Hit another new 52-week high with today's early gain. Recent quarterly comparisons through Mar '22 versus the year ago periods showed strong sales revenues and earnings increases. Annual earnings (A criteria) history has been poor.
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EGY - NYSE - ENERGY - Independent Oil & Gas Vaalco Energy Inc	$7.82	-0.70 -8.24%	$8.77	$8.77	-10.85%	1,911,848 131.85%	1,450,000
Most Recent Note for EGY - 6/6/2022 12:36:51 PM Pulling back from its 52-week high with today's loss after 7 consecutive gains, rising from a 6-week consolidation that included a dip below its 50 DMA line ($6.89). 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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ELA - AMEX - Retail/Whlsle-Jewelry Envela Corporation	$6.00	+0.30 5.26%	$6.00	$5.92	1.35%	84,807 169.61%	50,000
Most Recent Note for ELA - 6/6/2022 12:37:31 PM Today's gain is adding to a recent spurt of volume-driven gains. Reported strong Mar '22 quarterly results versus the year ago period. Went through a deep consolidation from its high since noted with caution in the 2/01/21 mid-day report - "Prior earnings history has been erratic and not a match with the fact-based investment system's fundamental guidelines."
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FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$33.13	+3.39 11.40%	$33.36	$32.77	1.10%	983,453 162.55%	605,000
Most Recent Note for FLNG - 6/6/2022 12:38:38 PM Hit a new 52-week high with today's big volume-driven gain. Prior mid-day reports 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."
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FMAO - NASDAQ - Banks-Midwest Farmers & Merchants Banc	$40.35	-1.15 -2.77%	$41.98	$42.14	-4.25%	34,878 81.11%	43,000
Most Recent Note for FMAO - 6/6/2022 12:41:29 PM Pulling back today. Hit a new 52-week high with a volume-drive gain last week after a 6-week base. Three of the past 4 quarterly comparisons through Mar '22 showed earnings above the +25% minimum guideline (C criteria). Prior history is not a match with the fact-based investment system's fundamental guidelines.
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GOGL - NASDAQ - Transportation-Ship Golden Ocean Group LTD	$16.38	+0.66 4.17%	$16.46	$16.40	-0.15%	2,816,878 65.80%	4,281,000
Most Recent Note for GOGL - 6/6/2022 12:46:22 PM Perched at its 52-week high, extended from any sound base. Its 50 DMA line ($13.54) defines important near-term support. Recent quarterly comparisons through Mar '22 showed greatly improved sales revenues and earnings well above the +25% minimum (C criteria) versus the year ago periods. Prior earnings history has been erratic, not a match with the fact-based investment system's fundamental guidelines.
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LRN - NYSE - Consumer Svcs-Education Stride Inc	$39.93	+0.08 0.20%	$41.00	$41.20	-3.08%	653,769 112.91%	579,000
Most Recent Note for LRN - 6/6/2022 12:51:11 PM Challenging its 52-week high with today's volume-driven gain after consolidating n an orderly fashion above its 50 DMA line. Noted with caution in prior mid-day reports - "Reported earnings +79% on +8% sales revenues for the Mar '22 quarter versus the year ago period. Faces some old resistance due to overhead supply up to the $52 level. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) and its annual earnings (A criteria) history has been up and down, not a match with the fact-based system's fundamental guidelines."
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NRP - NYSE - ENERGY - Coal Natural Resource Pts LP	$47.78	-0.07 -0.14%	$48.50	$50.82	-5.98%	19,383 64.61%	30,000
Most Recent Note for NRP - 6/6/2022 12:53:28 PM Consolidating above its 50 DMA line and near its 52-week high. Recent quarterly comparisons through Mar '22 have been strong versus the year ago periods. Annual earnings (A criteria) history has been erratic.
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ON - NASDAQ - Elec-Semiconductor Mfg O N Semiconductor Corp	$66.50	+3.56 5.66%	$67.19	$71.26	-6.68%	12,251,614 193.85%	6,320,000
Most Recent Note for ON - 6/6/2022 12:56:17 PM Today's volume-driven gain has it rebounding toward prior highs in the $68-71 area. Reported Mar '22 quarterly earnings +249% on +31% sales revenues versus the year ago period, marking its 5th strong quarterly comparison above the +25% minimum earnings guideline (C criteria). Prior mid-day reports noted - "Annual earnings (A criteria) history has been up and down, not strong and steady."
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PANL - NASDAQ - Transportation-Ship Pangaea Logistics Solutions	$6.63	-0.27 -3.85%	$7.02	$7.05	-5.89%	294,841 71.91%	410,000
Most Recent Note for PANL - 6/6/2022 12:57:53 PM Pulling back from its 52-week high with today's loss. Stubbornly held its ground following recently noted volume-driven gains. Reported Mar '22 quarterly earnings +289% on +53% sales revenues versus the year ago period, its 5th very strong comparison. Fundamental concerns remain due to its up and down annual earnings (A criteria) history.
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PKBK - NASDAQ - BANKING - Regional - Northeast Banks Parke Bancorp Inc	$24.99	-0.02 -0.08%	$25.17	$25.85	-3.33%	18,267 60.89%	30,000
Most Recent Note for PKBK - 6/6/2022 12:58:40 PM Fundamental concerns remain.
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RWAY - NASDAQ - Finance-Commercial Loans Runway Growth Finance	$13.93	+0.69 5.17%	$14.78	$14.92	-6.67%	141,170 185.75%	76,000
Most Recent Note for RWAY - 6/6/2022 12:59:49 PM Challenged its 52-week high earlier today with a big volume-driven gain. Prior mid-day reports noted - "This VC firm has a limited history since its 10/21/21 IPO at $14.63 and sub par fundamentals are a concern."
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$56.07	+1.26 2.30%	$57.65	$58.34	-3.89%	300,910 71.14%	423,000
Most Recent Note for SMCI - 6/6/2022 1:02:07 PM Found support near prior highs in the $47 area when consolidating recently, and challenging its all-time high with today's gain adding to recent volume-driven gains. 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."
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SNEX - NASDAQ - Finance-Invest Bnk/Bkrs StoneX Group Inc	$79.71	+1.57 2.01%	$79.84	$78.98	0.92%	76,188 129.13%	59,000
Most Recent Note for SNEX - 6/6/2022 1:04:33 PM Edging into new all-time high territory with today's gain adding to last week's big volume-driven gain. Found support recently at its 200 DMA line. Noted in prior mid-day report - "Reported Mar '22 quarterly earnings +16% on +46% sales revenues versus the year ago period. It has earned high Earnings Per Share and Relative Strength ranks, however, its quarterly and annual earnings history (C and A criteria) is not a great match with the fact-based investment system's fundamental guidelines.
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ULH - NASDAQ - Transportation-Truck Universal Logistics Hldg	$29.84	+0.85 2.93%	$30.14	$29.42	1.43%	43,519 66.95%	65,000
Most Recent Note for ULH - 6/6/2022 1:07:17 PM No overhead supply remains to act as resistance and it is hitting a new 52-week high today while adding to recent volume-driven gains, getting extended from any sound base. Three of the past 4 quarterly comparisons through Mar '22 showed strong earnings increases above the +25% minimum guideline (C criteria). There was a downturn in FY '20 earnings (A criteria).
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UNTY - NASDAQ - BANKING - Regional - Northeast Banks Unity Bancorp Inc	$29.18	-0.21 -0.71%	$29.58	$31.37	-6.98%	32,662 79.66%	41,000
Most Recent Note for UNTY - 6/6/2022 1:08:12 PM Consolidating above its 50 DMA line. Noted with caution in prior mid-day reports - "Fundamental concerns remain. Reported Mar '22 quarterly earnings +6% on -4% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria). Sub par sales revenues growth remains a concern. Annual earnings steadily improved after a downturn in FY '17.
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