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, JUNE 9TH, 2020
Previous Mid Day Report Next Mid Day Report >>>
|
|
DOW 27291.91 -280.53 (-1.02%) | NASDAQ 9934.79 10.05 (0.10%) | S&P 500 3204.92 -27.47 (-0.85%)
|
Time of Screening :
6/9/2020 12:10:01 PM Report Released :
6/9/2020 1:01:15 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...
At around
mid-way through each trading day we run
a screen against our database of
high-ranked stocks, searching for
possible buy candidates that are trading
at or near their 52-week high on above
average volume. The results of that
screen are split into the two sections
you see below. The first, titled
"TODAY's FEATURED STOCKS" shows stocks
that our experts have recently
identified as among the strongest candidates to
consider. Stocks highlighted in yellow
are the most timely and noteworthy, so
particular attention and prompt action
may be appropriate. The second section,
titled "TODAY's BREAKOUT SCREEN" shows
the remainder of stocks meeting today's
screen parameters. Our experts have
reviewed and included notes on these
stocks as well, but found that they may
not match up as favorably.
|
|
Y - Today's strongest
candidates
highlighted
by our staff
of experts.
|
|
G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
|
|
|
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 |
AAXN
- NASDAQ
Axon Enterprise Inc
|
$103.96
|
+6.69
6.88%
|
$104.37
|
1,021,573
107.20% of 50 DAV
50 DAV is 953,000
|
$99.62
4.36%
|
5/8/2020 |
$84.86
|
PP = $90.20
MB = $94.71 |
Most Recent Note - 6/9/2020 12:17:34 PM
G - Hitting a new all-time high with another volume-driven gain today, rallying further above its "max buy" level. Prior highs in the $90-91 area acted as support following the powerful breakout last week..
>>> The latest Featured Stock Update with an annotated graph appeared on 5/28/2020. Click here.
|
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
AMD
- NYSE
Advanced Micro Devices
|
$55.41
|
+2.44
4.61%
|
$55.59
|
41,492,332
61.03% of 50 DAV
50 DAV is 67,989,000
|
$59.27
-6.51%
|
6/9/2020 |
$55.41
|
PP = $56.98
MB = $59.83 |
Most Recent Note - 6/9/2020 12:28:30 PM
Y - Color code is changed to yellow with pivot point cited based on its 5/20/20 high after an orderly double-bottom base. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a convincing technical buy signal. Today's gain has it approaching previously stubborn resistance in the $57-59 area. Gains into new high territory may mark the beginning of a substantial leg higher. The 3 latest quarterly comparisons through Mar '20 showed very strong earnings increases with greatly improved sales revenues growth in the Dec '19 and Mar '20 comparisons versus the year ago period.
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 |
AVNW
- NASDAQ - Telecom-Infrastructure
Aviat Networks Inc
|
$14.95 |
+0.10
0.67%
|
$15.46
|
$16.20
|
-7.72% |
36,510
107.38%
|
34,000
|
Most Recent Note for AVNW - 6/9/2020 12:30:14 PM
Consolidating after recently challenging its 52-week high with volume-driven gains. Rebounded impressively after a deep pullback. Quarterly and annual earnings history (C and A criteria) 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
|
CRNC
- NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Cerence Inc
|
$43.28 |
+1.86
4.49%
|
$43.41
|
$41.69
|
3.81% |
581,823
60.54%
|
961,000
|
Most Recent Note for CRNC - 6/9/2020 12:49:26 PM
Hitting another new 52-week high today while adding to an impressive spurt of gains marked by above average volume. Prior mid-day reports noted - "Reported earnings +39% on +23% sales revenues for the Mar '20 quarter versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history is not a match with 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
|
FB
- NASDAQ - INTERNET
Facebook Inc Cl A
|
$238.27 |
+6.87
2.97%
|
$239.49
|
$240.90
|
-1.09% |
14,361,644
58.58%
|
24,518,000
|
Most Recent Note for FB - 6/9/2020 12:50:37 PM
Challenging its all-time high with today's gain. Reported earnings +101% on +18% sales revenues for the Mar '20 quarter, a marked improvement after 6 consecutive quarterly comparisons below the +25% minimum earnings guideline (C criteria). Downturn in FY '19 earnings versus the year ago broke its streak of strong annual earnings increases (A criteria). Not a good match with most winning models of the fact-based investment system. Large supply of shares outstanding (S criteria) and it is heavily owned by 4,515 top-rated mutual funds as of mar '20. Stocks with a small supply and just beginning to attract the serious interest of institutional investors (I criteria) are considered most ideal.
|
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
GV
- AMEX - MATERIALS & CONSTRUCTION - Heavy Construction
Goldfield Corp
|
$3.74 |
-0.09
-2.35%
|
$3.83
|
$4.16
|
-10.10% |
65,041
97.08%
|
67,000
|
Most Recent Note for GV - 6/9/2020 12:51:08 PM
Reported Mar '20 quarterly earnings -14% on -6% sales revenues versus the year ago period. Showed much better sales revenues increases and earnings in the Sep and Dec '19 quarterly comparisons. Fundamentals fall short of the C and A criteria of the fact-based investment system. Low-priced stocks are discouraged from consideration unless solidly satisfying all key criteria.
|
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
JHG
- NYSE - Finance-Investment Mgmt
Janus Henderson Group
|
$24.84 |
-1.07
-4.13%
|
$25.27
|
$27.50
|
-9.67% |
1,039,513
65.88%
|
1,578,000
|
Most Recent Note for JHG - 6/9/2020 12:52:48 PM
UK-based advisory firm reported earnings +7% on +7% sales revenues for the Mar '20 quarter and its prior earnings increases were below the +25% minimum guideline (C criteria). 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
|
LSCC
- NASDAQ - ELECTRONICS - Semiconductor - Specialized
Lattice Semiconductor
|
$27.99 |
+0.09
0.32%
|
$28.58
|
$28.89
|
-3.12% |
935,767
61.00%
|
1,534,000
|
Most Recent Note for LSCC - 6/9/2020 12:53:42 PM
Perched at its 52-week high today following a recent streak of 6 consecutive gains with ever increasing volume. Reported earnings +36% on -1% sales revenues for the Mar '20 quarter. Sub par sales revenues growth and its erratic annual earnings history (A criteria) leave fundamental concerns.
|
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
LULU
- NASDAQ - MANUFACTURING - Textile Manufacturing
Lululemon Athletica
|
$314.90 |
-0.41
-0.13%
|
$317.87
|
$324.70
|
-3.02% |
1,326,929
65.33%
|
2,031,000
|
Most Recent Note for LULU - 6/9/2020 12:54:32 PM
It was dropped from the Featured Stocks list on 3/05/20, went through a deep slump, then rebounded impressively and is holding its ground stubbornly near its all-time high. Reported earnings +23% on +20% sales revenues for the Jan '20 quarter, breaking a streak of quarterly earnings increases 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
|
NLOK
- NASDAQ - Computer Sftwr-Security
Nortonlifelock Inc
|
$20.97 |
-0.88
-4.01%
|
$21.32
|
$23.02
|
-8.91% |
5,036,124
77.77%
|
6,476,000
|
Most Recent Note for NLOK - 6/9/2020 12:55:27 PM
Stalled after hitting a new 52-week high on 5/29/20 with a volume-driven gain. Prior mid-day reports repeatedly cautioned members - "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
|
PW
- AMEX - REAL ESTATE - REIT - Diversified/Industrial
Power REIT
|
$27.42 |
-0.67
-2.39%
|
$28.41
|
$28.60
|
-4.13% |
54,962
94.76%
|
58,000
|
Most Recent Note for PW - 6/9/2020 12:55:59 PM
Perched at its 52-week high. Recently powered higher with big volume-driven gains. Rebounded impressively after a deep pullback in recent weeks. This REIT reported earnings +36% on +58% sales revenues for the Mar '20 quarter versus the year ago period. Fundamental concerns remain as prior earnings increases in quarterly 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
|
SPNS
- NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software
Sapiens Intl Corp
|
$28.80 |
+0.78
2.77%
|
$28.98
|
$29.36
|
-1.92% |
111,686
68.10%
|
164,000
|
Most Recent Note for SPNS - 6/9/2020 12:58:18 PM
Challenging its 52-week high with today's 5th consecutive gain. On 6/08/20 it completed an offering of $60 million in Non-Convertible Debentures. It showed resilience after dropped from the Featured Stocks list on 5/28/20 based on technical and fundamental deterioration. Encountered distributional pressure, yet found prompt support above its 50 and 200 DMA lines. Recently reported Mar '20 quarterly earnings +18% on +18% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria), raising fundamental concerns.
|
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
TTGT
- NASDAQ - Comml Svcs-Advertising
Techtarget Inc
|
$29.35 |
+0.44
1.52%
|
$29.49
|
$30.00
|
-2.17% |
137,820
61.80%
|
223,000
|
Most Recent Note for TTGT - 6/9/2020 1:01:09 PM
Rebounding near its 52-week high after a deep consolidation in recent months undercutting its 200 DMA line. Reported earnings +0% on +5% sales revenues for the Mar '20 quarter. The 2 prior quarterly comparisons had earnings above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong after a downturn in FY '16.
|
|
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.
|
|
|
