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 MIDDAY BREAKOUTS REPORT - TUESDAY, JUNE 7TH, 2011
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DOW 12157.39 67.43 (0.56%) | NASDAQ 2715.22 12.66 (0.47%) | S&P 500 1293.41 7.24 (0.56%)
Time of Screening : 6/7/2011 11:55:30 AM         Report Released : 6/7/2011 1:29:22 PM
Price is: Above 52W High and Less Than 52W High but within 8% 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
SWI - NYSE
Solarwinds Inc
$24.22 +0.01
0.04%
$24.48 415,805
72.96% of 50 DAV
50 DAV is 569,900
$24.95
-2.93%
6/7/2011 $24.22 PP = $25.05
MB = $26.30
Most Recent Note - 6/7/2011
Y - Perched -2.8% off its all-time high today, and no overhead supply remains to hinder its progress. Color code is changed to yellow after an orderly base with pivot point based upon its 52-week high plus 10 cents. To trigger a buy signal it needs a gain above its pivot point with sufficient volume and a follow-through day to confirm the broader market (M criteria) is favorable. Reported earnings +31% on +25% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Prior quarterly comparisons showed sales and earnings near the investment system guidelines. It survived but failed to impress since it was dropped from the Featured Stocks list on 10/28/09.
?SWI
>>> The latest Featured Stock Update with an annotated graph appeared on 10/20/2009. Click here.
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Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AIRM - NASDAQ - TRANSPORTATION - Air Services, Other
Air Methods Corp
$69.73 -0.03
-0.04%
$70.52 $74.17 -5.99% 105,865
93.03%
113,800
Most Recent Note for AIRM - 6/7/2011 11:56:45 AM
Pulling back this week following a considerable gap up gain on 6/03/11 with heavy volume for new 52-week and all-time highs. It had slumped under its 50 DMA line yet found support above prior highs in the $59-60 area during its consolidation since noted in the 4/06/11 mid-day report - "Sales and earnings growth history has been erratic and below guidelines."
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AVGO - NASDAQ - ELECTRONICS - Semiconductor - Integrated Circuits
Broadcom Inc
$33.56 +0.23
0.69%
$34.05 $36.18 -7.24% 2,380,102
138.97%
1,712,700
Most Recent Note for AVGO - 6/7/2011 11:58:52 AM
Found support near its 50 DMA line throughout its ongoing ascent. Proposed yet another Secondary Offering on 5/31/11. During 2010 it completed a Public Offering and two Secondary Offerings. As noted in prior mid-day reports - "It has shown good sales revenues and earnings increases in recent quarters satisfying the C criteria. Its prior earnings history is below guidelines."
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BAK - NYSE - CHEMICALS - Specialty Chemicals
Braskem Sa Adr
$32.19 +0.44
1.39%
$32.19 $32.26 -0.22% 213,356
88.90%
240,000
Most Recent Note for BAK - 6/7/2011 12:00:47 PM
Perched near its 52-week and all-time highs today, holding its ground stubbornly with no overhead supply to act as resistance. Prior mid-day reports noted - "Erratic earnings history is below the fact-based system's guidelines."

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DLTR - NASDAQ - RETAIL - Discount, Variety Stores
Dollar Tree Inc
$63.10 +1.60
2.60%
$63.17 $64.47 -2.13% 670,222
64.36%
1,041,400
Most Recent Note for DLTR - 6/7/2011 12:02:14 PM
Consolidating above prior highs and its 50 DMA line since a considerable gap up on 5/19/11 for new 52-week and all-time highs. Technically, it is extended from any sound base, while no overhead supply remains to act as resistance. Reported earnings +34% on +14% sales revenues for the quarter ended April 30, 2011 versus the year ago period. Good annual earnings history and quarterly earnings increases above the +25% meet the investment system's C and A guidelines, however sales revenues have shown just steady increases in the +12-14% range.
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ESL - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
Esterline Technologies
$74.41 -0.08
-0.11%
$75.18 $78.00 -4.60% 86,581
62.69%
138,100
Most Recent Note for ESL - 6/7/2011 12:06:30 PM
Holding its ground, it found support above its 50 DMA line while consolidating above previously stubborn resistance in the $73 area. Recent quarterly comparisons show slight sales revenues acceleration and better earnings increases, but a downturn in FY '09 earnings is a flaw concerning the A criteria of the fact-based investment system. Prior mid-day reports noted - "Sales revenues and earnings history make the fundamentals questionable for this aerospace/defense firm."
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FEIC - NASDAQ - ELECTRONICS - Diversified Electronics
F E I Co
$40.11 +0.27
0.68%
$41.45 $41.56 -3.49% 343,712
72.99%
470,900
Most Recent Note for FEIC - 6/7/2011 12:08:26 PM
Churning above average volume after inching up for new 52-week and all-time highs (above its 2007 high) last week. Stubbornly held its ground in a tight range in recent weeks. It is not near a sound base pattern now, yet prior mid-day reports have noted - "Disciplined investors may watch for secondary buy points or a sound new base to develop and be noted in the weeks ahead. Sales revenues and earnings increases (C criteria) have shown impressive acceleration in recent quarterly comparisons. Concern were previously noted because its annual earnings (A criteria) history was up and down, yet recent fundamental and technical action has been a better match for winning models of the fact-based investment system."
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HTCO - NASDAQ - TELECOMMUNICATIONS - Telecom Services - Domestic
Hickory Tech Corp
$10.93 -0.12
-1.09%
$11.05 $11.27 -3.02% 22,936
101.04%
22,700
Most Recent Note for HTCO - 6/7/2011 12:14:05 PM
Holding its ground today following a considerable gap up and volume-driven gain on the prior session for a new 52-week high. Its up and down annual earnings (A criteria) history is a concern, and quarterly sales revenues and earnings increases have not been strong and steady.
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IVC - NYSE - HEALTH SERVICES - Medical Appliances & Equipment
Invacare Corp
$33.03 +0.63
1.94%
$33.30 $33.84 -2.39% 100,084
74.86%
133,700
Most Recent Note for IVC - 6/7/2011 12:16:41 PM
Quarterly sales revenues and earnings increases have not been strong enough to be considered a match with winning models of the fact-based system. It faces no resistance due to overhead supply yet has churned above average volume (distributional action) in recent weeks while consolidating above its 50 DMA line and prior highs, not making meaningful price progress. It is perched -2.4% off its 52-week high.
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KSU - NYSE - TRANSPORTATION - Railroads
Kansas City Southern
$55.47 -0.36
-0.64%
$56.16 $59.42 -6.65% 525,688
60.09%
874,800
Most Recent Note for KSU - 6/7/2011 12:20:02 PM
Pulling back on average volume, near support at its 50 DMA line, now perched just -6.6% off its 52-week and all-time highs. Reported earnings +32% on +12% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Its annual earnings history (A criteria) is marred by a terrible downturn in FY '09.
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MWV - NYSE - CONSUMER NON-DURABLES - Paper & Paper Products
Meadwestvaco Corp
$32.90 +1.30
4.10%
$33.21 $34.51 -4.68% 1,543,077
98.32%
1,569,400
Most Recent Note for MWV - 6/7/2011 12:23:35 PM
Rallying back above its 50 DMA line today after violating that short-term moving average on the prior session. Up and down annual earnings (A criteria) history is a concern. Recent quarterly comparisons show greatly improved earnings while sales revenues increases were limited to the +3-8% range.
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NL - NYSE - Hsehold/Office Furniture
N L Industries
$18.69 -0.19
-1.01%
$19.33 $19.34 -3.36% 31,801
68.39%
46,500
Most Recent Note for NL - 6/7/2011 12:24:35 PM
Still stubbornly holding its ground in a tight range near its 52-week high, extended from any sound base following a recent spurt of volume-driven gains. Recent mid-day reports repeatedly noted - "Earnings and sales revenues history is below the fact-based investment system's guidelines."
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OSIS - NASDAQ - Aerospace/Defense
O S I Systems Inc
$39.83 +0.31
0.78%
$40.03 $40.65 -2.02% 65,786
58.06%
113,300
Most Recent Note for OSIS - 6/7/2011 12:29:11 PM
Today it remains perched near its 52-week high and previously stubborn resistance in the $40 area. Volume-driven gain on 5/10/11 and subsequent volume driven gains helped it inch out of a "double bottom" base after recently finding support near its 200 DMA line. Annual earnings (A criteria) growth has been strong. Quarterly results have also shown strong earnings increases, but sales revenues growth has not been strong and steady, leaving fundamental concerns. Ownership by top-rated funds fell from 363 in Dec '10 to 349 in Mar '11.
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OVTI - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir
Omnivision Technologies
$34.10 +2.34
7.37%
$34.71 $37.04 -7.94% 2,197,306
99.15%
2,216,200
Most Recent Note for OVTI - 6/7/2011 12:32:36 PM
Considerable gain today after a gap up has it rising above its 50 DMA line towered recent resistance in the $37 area. It had slumped below that short term average line while consolidating since last noted in the 5/26/11 mid-day report - "It is now distancing itself from the previously noted $34.49 high from 2006. Recent quarterly comparisons show strong sales revenues and earnings increases after a loss in FY '09 and an up and down annual earnings (A criteria)."

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SMP - NYSE - AUTOMOTIVE - Auto Parts
Standard Motor Prod Cl A
$14.26 -0.08
-0.56%
$14.63 $15.20 -6.18% 82,230
60.37%
136,200
Most Recent Note for SMP - 6/7/2011 12:37:49 PM
Today marks the second consecutive mid-day report appearance for this firm in the Auto/Truck - Replacement Parts industry. Recently touched new 52-week highs but failed to make meaningful progress above prior resistance in the $14 area. It has found support above its 50 DMA line while consolidating. Prior mid-day reports noted - "Recent quarterly comparisons showed great earnings increases, but prior to its March '11 quarter sales revenues increases were below guidelines. Its annual earnings (A criteria) history included a loss in FY '08 leaving fundamental concerns."
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TIF - NYSE - SPECIALTY RETAIL - Jewelry Stores
Tiffany & Co
$74.22 +1.49
2.05%
$74.86 $77.02 -3.64% 1,127,447
64.30%
1,753,400
Most Recent Note for TIF - 6/7/2011 1:08:18 PM
Consolidating above prior highs with volume totals cooling since its 5/26/11 gap up for a new all-time high was noted after reporting earnings +40% on +20% sales revenues for the quarter ended April 30, 2011 versus the year ago period. It went through consolidation back and forth beneath its 50 DMA line since noted in the 11/26/10 mid-day report following gains with heavy volume that had lifted it well above its 2007 all-time high - "The well-known Retail/Wholesale Jewelry firm was noted for the first time in three years in the 11/16/10 mid-day report day report - 'Sales revenues and earnings growth have been improving in recent quarters, but prior quarters and its annual earnings (A criteria) history fall below the investment system's guidelines.'"
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TW - NASDAQ - Financial Svcs-Specialty
Tradeweb Markets Cl A
$60.25 -0.74
-1.21%
$61.52 $64.21 -6.17% 234,150
72.07%
324,900
Most Recent Note for TW - 6/7/2011 1:11:04 PM
Quarterly and annual earning increases have not been strong and steady like the fundamentally superior candidates and winning models in the book, "How To Make Money In Stocks". Technically it is enduring distributional pressure and slumping toward prior highs and its 50 DMA line defining support in the $58-59 area. Big gain on 5/05/11 with heavy volume helped it technically break out to new 52-week and all-time highs.

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VIV - NYSE - TELECOMMUNICATIONS - Wireless Communications
Telefonica Brasil S.A.
$46.20 +0.47
1.02%
$46.35 $46.83 -1.36% 785,164
71.86%
1,092,700
Most Recent Note for VIV - 6/7/2011 1:12:50 PM
Making its second consecutive mid-day report appearance. The 6/06/11 mid-day report noted - "It is extended from a sound base after rallying to new 52-week highs since last noted in the 5/12/11 mid-day report after finding prompt support near its 50 DMA line. This Brazilian Telecom - Wireless Services firm has no overhead supply to act as resistance. Quarterly comparisons have shown strong earnings increases (good C criteria) history. However, FY '11 consensus earnings estimates call for only +8% growth, and its relatively low P/E Ratio (0.9 X S&P 500 now) weighs negatively concerning its earnings growth outlook."
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VSI - NYSE - SPECIALTY RETAIL - Specialty Retail, Other
Vitamin Shoppe Inc
$41.73 +1.00
2.46%
$42.94 $42.94 -2.82% 158,849
63.82%
248,900
Most Recent Note for VSI - 6/7/2011 1:17:08 PM
Gapped up, rallying to a new 52-week high with today's 4th consecutive gain helping it rise form a short flat base pattern. Last noted in the 4/29/11 mid-day report - "Reported earnings +47% on +13% sales revenues for the quarter ended March 31, 2011 versus the year ago period. It had consolidated back and forth near its 50 DMA line since completing a 12/02/10 Secondary Offering, and recently wedged into new high territory without great volume conviction behind its gains. Sales revenues increases have been steadily in the +9-13% range for the past year and a half, not showing strong growth or acceleration indicative of great growth in demand for its products or services. A Secondary Offering on 5/19/10 followed its 10/28/09 reorganization."
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WAT - NYSE - ELECTRONICS - Scientific & Technical Instrum
Waters Corp
$93.50 +0.87
0.94%
$93.72 $100.00 -6.50% 426,087
69.57%
612,500
Most Recent Note for WAT - 6/7/2011 1:19:25 PM
Pulled back to its 50 DMA line, now trading near a 6-week low and -5.8% off its 52-week and all-time high. Recent mid-day reports noted - "Quarterly earnings increases have been gradually improving and were above the +25% guideline in the latest period ended March 31, 2011."
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