Mid-Day Breakouts Report - Wednesday, June 10th, 2020

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, JUNE 10TH, 2020
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DOW 27132.67 -139.63 (-0.51%) | NASDAQ 10000.2 46.45 (0.47%) | S&P 500 3196.51 -10.67 (-0.33%)

Time of Screening : 6/10/2020 12:17:32 PM Report Released : 6/10/2020 12:55:00 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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
AAXN - NASDAQ Axon Enterprise Inc	$102.81	+2.54 2.53%	$103.17	656,297 66.83% of 50 DAV 50 DAV is 982,000	$104.76 -1.86%	5/8/2020	$84.86	PP = $90.20 MB = $94.71
Most Recent Note - 6/10/2020 12:20:25 PM G - Perched at its 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.
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AMD - NYSE Advanced Micro Devices	$58.07	+1.68 2.98%	$59.00	45,737,863 67.17% of 50 DAV 50 DAV is 68,095,000	$59.27 -2.02%	6/9/2020	$55.41	PP = $56.98 MB = $59.83
Most Recent Note - 6/10/2020 12:22:47 PM Y - Gapped up today trading above its pivot point and above the 4/20/20 high. Finished strong after highlighted in yellow in the prior mid-day report with a 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. Challenging 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. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 6/9/2020. Click here.
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DOCU - NASDAQ Docusign Inc	$149.73	+7.81 5.50%	$149.94	2,065,530 51.61% of 50 DAV 50 DAV is 4,002,000	$152.00 -1.50%	6/10/2020	$149.73	PP = $152.10 MB = $159.71
Most Recent Note - 6/10/2020 12:34:18 PM Y - Color code is changed to yellow with pivot point cited based on its 5/02/20 high plus 10 cents after forming an advanced "ascending base" marked by 3 pullbacks of 10-20% during its ongoing ascent. Subsequent gains above the pivot point backed by at least +40% above average volume may trigger a new (or add-on) technical buy signal. Reported earnings +71% on +39% sales revenues for the Apr '20 quarter versus the year ago period. Three of the past 4 quarterly comparisons versus the year ago period were above the +25% minimum guideline. After years of losses it had solid earnings in FY '19 and "20 with very strong with solid sales revenues growth. 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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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers Apple Inc	$351.65	+7.66 2.23%	$352.84	$345.61	1.75%	21,016,574 58.57%	35,881,000
Most Recent Note for AAPL - 6/10/2020 12:19:17 PM Hitting a new all-time high with today's 4th consecutive gain. Reported earnings +4% on +1% sales for the Mar '20 quarter, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) of the fact-based system. The number of top-rated funds owning its shares fell from 5,220 in Dec '19 to 5,319 in Mar '20. Companies currently on the Featured Stocks list are ideal candidates fitting the fact-based investment system's guidelines before becoming heavily owned by the institutional crowd.
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AMZN - NASDAQ - INTERNET - Internet Software & Services Amazon.com Inc	$2,656.85	+55.99 2.15%	$2,722.35	$2,626.43	1.16%	2,570,229 53.11%	4,839,000
Most Recent Note for AMZN - 6/10/2020 12:24:50 PM Gapped up today hitting a new new all time high with its 4th consecutive gain. Reported earnings -29% on +26% sales revenues for the Mar '20 quarter, its 4th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
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ASML - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate A S M L Holding N.V. NY	$350.35	+1.02 0.29%	$353.42	$364.16	-3.79%	424,879 52.71%	806,000
Most Recent Note for ASML - 6/10/2020 12:25:45 PM Perched near its all-time high today after getting extended from any sound base. Reported Mar '20 quarterly earnings +10% on +8% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria). Dutch Electronics - Semiconductor Equipment firm rebounded above its 50 DMA line and made an impressive recovery from a deep slump since noted with caution in the 3/09/20 mid-day report - "Reported Dec '19 quarterly earnings +42% on +26% sales revenues. The 3 prior quarterly earnings comparisons were down (negative) from the year ago period (C criteria)."
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AVNW - NASDAQ - Telecom-Infrastructure Aviat Networks Inc	$15.31	+0.36 2.41%	$15.70	$16.20	-5.49%	36,226 103.50%	35,000
Most Recent Note for AVNW - 6/10/2020 12:26:11 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.
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CLX - NYSE - CONSUMER NON-DURABLES - Cleaning Products Clorox Co	$205.30	+3.23 1.60%	$205.94	$214.26	-4.18%	1,116,697 56.29%	1,984,000
Most Recent Note for CLX - 6/10/2020 12:28:13 PM Consolidating not far off its all-time high after finding support at its 50 DMA line. Reported earnings +31% on +15% sales revenues for the Mar '20 quarter, but fundamental concerns remain. This well-known cleaning products firm is a defensive safe haven issue, not a match with the fact-based investment system's guidelines.
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CMCL - AMEX - Mining-Gold/Silver/Gems Caledonia Mining Corp	$17.10	-0.25 -1.44%	$17.60	$17.91	-4.52%	35,792 65.08%	55,000
Most Recent Note for CMCL - 6/10/2020 12:29:35 PM Perched near its 52-week high today following 3 consecutive volume-driven gains. Prior mid-day reports cautioned members - "Reported strong Mar '20 quarterly results, but prior quarterly comparisons were negative versus the year ago periods."
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DBCP - NASDAQ - Banks-Northeast Delmar Bancorp	$7.45	-0.01 -0.13%	$7.50	$7.50	-0.67%	16,203 54.01%	30,000
Most Recent Note for DBCP - 6/10/2020 12:29:56 PM Limited history and sub par fundamentals for the thinly traded bank.
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$29.62	+0.76 2.63%	$30.24	$31.30	-5.37%	3,073,961 318.88%	964,000
Most Recent Note for GMAB - 6/10/2020 12:36:08 PM Reported Mar '20 quarterly earnings +200% on +48% sales revenues versus the year ago period its 3rd consecutive strong quarterly comparison. Extended from any sound base, consolidating near its all-time high following a streak of gains after a deep "V" shaped consolidation. Limited history remains a concern and has not been a good match with the fundamental guidelines of the fact-based investment system.
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction Goldfield Corp	$3.62	-0.07 -1.90%	$3.77	$4.16	-12.98%	77,251 113.60%	68,000
Most Recent Note for GV - 6/10/2020 12:37:16 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.
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LM - NYSE - FINANCIAL SERVICES - Investment Brokerage - Regiona Legg Mason Inc	$49.99	-0.03 -0.06%	$50.03	$50.70	-1.40%	1,312,599 57.00%	2,303,000
Most Recent Note for LM - 6/10/2020 12:38:08 PM Hovering near its 52-week high following a gap up 2/18/20 on M&A news. Noted with caution in prior mid-day reports - "Earnings history is not a match with the fact-based investment system's guidelines. Survived but failed to impress since dropped from the Featured Stocks list on 3/10/06. First featured on 6/2/05 at $87.50."
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Magic Software Enter Ltd	$12.30	+0.92 8.08%	$12.39	$11.53	6.68%	60,558 131.65%	46,000
Most Recent Note for MGIC - 6/10/2020 12:40:11 PM No resistance remains as today's 4th consecutive gain has it powering above the prior high after a deep pullback. The 6/02/20 mid-day report cautioned members - "Reported earnings +36% on +19% sales revenues for the Mar '20 quarter. This Israel-based Computer - Tech Services firm's prior quarterly earnings history has been below the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been lackluster."
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MHH - AMEX - Comml Svcs-Staffing Mastech Holdings Inc	$23.10	+0.83 3.73%	$23.27	$23.00	0.43%	42,506 80.20%	53,000
Most Recent Note for MHH - 6/10/2020 12:41:03 PM Making steady progress into new all-time high territory. Extended from any sound base. Did not form a sound base pattern yet found prompt support near is 200 DMA line following a deep pullback. This thinly traded Commercial Services - Staffing firm reported earnings +53% on +12% sales revenues for the Mar '20 quarter, its 2nd consecutive strong quarter. Fundamental concerns remain. Went through a deep consolidation after a 2:1 share split effective 8/27/18.
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MRCY - NASDAQ - TELECOMMUNICATIONS - Communication Equipment Mercury Systems Inc	$83.75	-4.42 -5.01%	$88.65	$96.29	-13.02%	192,569 52.76%	365,000
Most Recent Note for MRCY - 6/10/2020 12:42:57 PM Perched within close striking distance of its 52-week and all-time highs, quietly consolidating near its 50 DMA line ($82.75). Reported earnings earnings +22% on +19% sales revenues for the Mar '20 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been great after a downturn and loss in FY '13. Priced new Public Offerings on 5/22/19, 1/26/17 and 4/07/16.
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MUSA - NYSE - WHOLESALE - Basic Materials Wholesale Murphy USA Inc	$116.16	+3.40 3.02%	$117.73	$121.24	-4.19%	181,126 50.17%	361,000
Most Recent Note for MUSA - 6/10/2020 12:45:19 PM Perched near its all-time high. Sub par sales revenues are a concern and its quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system.
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NICE - NASDAQ - Computer Sftwr-Security Nice Ltd Adr	$186.43	-1.02 -0.54%	$190.98	$191.50	-2.65%	131,946 57.87%	228,000
Most Recent Note for NICE - 6/10/2020 12:46:22 PM This Israel-based Computer Software - Security firm has rebounded impressively after a deep pullback and it is hovering near its all-time high. Reported Mar '20 quarterly earnings +14% on +9% sales revenues versus the year ago period. Reported earnings +7% on +5% sales revenues for the Dec '19 quarter. Fundamental concerns remain. Prior quarterly earnings history is not a good match with the C criteria.
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NTES - NASDAQ - INTERNET - Internet Information Providers Netease Inc Adr	$418.84	+9.30 2.27%	$420.71	$427.33	-1.99%	760,639 94.49%	805,000
Most Recent Note for NTES - 6/10/2020 12:46:46 PM Perched near its all-time high today following a recently noted spurt of volume-driven gains. Prior mid-day reports cautioned members - "Reported Mar '20 quarterly earnings +18% on +12% sales revenues versus the year ago period, its 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Annual earnings included a big downturn in FY '18, a flaw concerning the A criteria of the fact-based investment system. Went through a deep and choppy consolidation since dropped from the Featured Stocks list on 8/15/17."
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NVDA - NASDAQ - ELECTRONICS - Semiconductor - Specialized Nvidia Corp	$376.18	+14.34 3.96%	$380.00	$367.27	2.43%	9,015,186 63.73%	14,147,000
Most Recent Note for NVDA - 6/10/2020 12:47:51 PM Gapped up today hitting yet another new all-time high. Recently completed the Mellanox Technologies (MLNX) acquisition. Reported earnings +105% on +39% sales revenues for the Apr '20 quarter versus the year ago period, its 2nd strong quarterly comparison. The 4 prior quarterly comparisons had lower sales revenues and lower earnings (negative comparisons) versus the year ago periods. Up and down annual earnings (A criteria) history is also not a match with the fact-based investment system's guidelines.
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NVMI - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Nova Ltd	$49.88	-0.31 -0.62%	$50.86	$51.23	-2.64%	58,255 53.94%	108,000
Most Recent Note for NVMI - 6/10/2020 12:48:28 PM This Semiconductor Equipment firm headquartered in Israel has been stubbornly holding its ground following volume-driven gains and is perched at its all-time high. Reported Mar '20 earnings +27% on +8% sales revenues versus the year ago period. Prior quarterly comparisons were negative, not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been up and down.
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NVO - NYSE - DRUGS - Drug Manufacturers - Other Novo Nordisk A/S Adr	$66.03	+1.40 2.17%	$66.50	$66.10	-0.11%	1,696,380 90.28%	1,879,000
Most Recent Note for NVO - 6/10/2020 12:51:26 PM This Denmark-based Medical - Ethical Drug firm gapped up today hitting a new all-time high after a consolidation above support at its 50 DMA line. Reported earnings +14% on +14% sales revenues for the Mar '20 quarter. Fundamental concerns remain.
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PW - AMEX - REAL ESTATE - REIT - Diversified/Industrial Power REIT	$26.35	-1.40 -5.04%	$27.36	$28.60	-7.87%	66,775 113.18%	59,000
Most Recent Note for PW - 6/10/2020 12:51:47 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).
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SNY - NYSE - DRUGS - Drug Manufacturers - Other Sanofi	$51.33	+0.48 0.94%	$51.53	$51.84	-0.98%	1,244,823 57.98%	2,147,000
Most Recent Note for SNY - 6/10/2020 12:52:09 PM Perched within striking distance of its 52-week high. Reported earnings +46% on +5% sales revenues for the Mar '20 quarter. Prior quarterly and annual earnings (C and A criteria) history and sales revenues growth has been below the fundamental guidelines of the fact-based investment system.
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SPNS - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software Sapiens Intl Corp	$29.16	+0.51 1.78%	$29.16	$29.36	-0.68%	108,637 63.90%	170,000
Most Recent Note for SPNS - 6/10/2020 12:52:42 PM Hitting a new 52-week high with today's 6th 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.
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TECD - NASDAQ - WHOLESALE - Computers Wholesale Tech Data Corp	$138.29	-0.51 -0.36%	$138.64	$151.47	-8.70%	319,048 56.87%	561,000
Most Recent Note for TECD - 6/10/2020 12:52:52 PM Prior mid-day reports have cautioned members - "Consolidating following noted M&A news. Fundamental concerns remain due to lack of sales revenues growth while its prior quarterly earnings history has not been strong and steady above the +25% minimum guideline (C criteria) of the fact-based investment system."
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TSM - NYSE - ELECTRONICS - Semiconductor - Integrated Cir Taiwan Semiconductor Adr	$57.62	+1.01 1.78%	$57.90	$60.64	-4.98%	4,594,875 50.10%	9,172,000
Most Recent Note for TSM - 6/10/2020 12:53:44 PM Rebounding toward its 52-week high with today's 9th consecutive gain after consolidating above its 50 and 200 DMA lines. Reported earnings +95% on +45% sales revenues for the Mar '20 quarter. Prior quarterly comparisons had earnings increases below the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has not been strong and steady. Large supply of 5.18 billion outstanding shares (S criteria) makes it an unlikely sprinter.
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ZYXI - NASDAQ - Medical-Products Zynex Inc	$21.70	+1.70 8.50%	$22.00	$24.75	-12.32%	417,258 51.45%	811,000
Most Recent Note for ZYXI - 6/10/2020 12:54:53 PM Rebounding toward its 52-week high after an abrupt pullback on the prior session. Found support near its 200 DMA line in prior months while consolidating. Reported earnings +29% on +66% sales revenues for the Mar '20 quarter, but prior quarterly comparisons were below the +25% minimum guideline (C criteria).
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