Mid-Day Breakouts Report - Friday, June 17th, 2022

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MIDDAY BREAKOUTS REPORT - FRIDAY, JUNE 17TH, 2022
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DOW 29806.66 -120.41 (-0.40%) | NASDAQ 10737.11 91.01 (0.85%) | S&P 500 3660.53 -6.24 (-0.17%)

Time of Screening : 6/17/2022 12:14:11 PM Report Released : 6/17/2022 1:08:44 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

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
LLY - NYSE Lilly Eli & Co	$293.78	+5.71 1.98%	$300.99	1,874,236 62.96% of 50 DAV 50 DAV is 2,977,000	$324.08 -9.35%	5/16/2022	$302.46	PP = $314.10 MB = $329.81
Most Recent Note - 6/17/2022 12:31:37 PM G - Quietly slumped below its 50 DMA line ($298) which may now act as resistance. A rebound above the 50 DMA line is needed for its outlook to improve. The fact-based investment system discourages any new buying until a follow-through day confirms a new market uptrend (M criteria). >>> The latest Featured Stock Update with an annotated graph appeared on 6/6/2022. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AFG - NYSE - INSURANCE - Property & Casualty Insurance American Financial Group	$131.99	+2.52 1.95%	$133.60	$143.84	-8.24%	302,625 84.30%	359,000
Most Recent Note for AFG - 6/17/2022 12:15:51 PM Stalled after touching a new all-time high last week and pulled back testing support at its 200 DMA line ($130.72). Reported strong results in recent quarterly comparisons through Mar '22 versus the year ago periods but with lackluster sales revenues growth. Annual earnings (A criteria) had a downturn in FY '20, not a match with the fact-based investment system's guidelines.
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AMGN - NASDAQ - DRUGS - Biotechnology Amgen Inc	$234.60	+3.89 1.69%	$236.34	$258.45	-9.23%	2,260,684 71.59%	3,158,000
Most Recent Note for AMGN - 6/17/2022 12:16:49 PM Slumped well below its 50 DMA line with higher volume behind recent losses. Reported earnings +15% on +6% sales revenues for the Mar '22 quarter versus the year ago period. Prior quarters were not strong and steady above the +25% minimum earnings guideline (C criteria). It has a slow and steady annual earnings (A criteria) history. Not a match with the fact-based investment system's fundamental guidelines.
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CB - NYSE - INSURANCE - Property & Casualty Insurance Chubb Corp	$188.39	-0.81 -0.43%	$190.76	$218.99	-13.98%	1,706,808 98.04%	1,741,000
Most Recent Note for CB - 6/17/2022 12:18:26 PM Slumped well below its 200 DMA line with a gap down and volume-driven loss on the prior session. Fundamental concerns remain since last noted with caution in the 1/14/16 mid-day report - "Quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's guidelines. On 3/28/2006 it was dropped from the Featured Stocks list."
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CI - NYSE - Medical-Managed Care Cigna Corp	$244.34	-3.96 -1.59%	$251.82	$273.58	-10.69%	978,742 62.30%	1,571,000
Most Recent Note for CI - 6/17/2022 12:20:23 PM Recent losses with higher volume violated its 50 DMA line ($258) and undercut prior lows triggering technical sell signals. A rebound above the 50 DMA line is needed for its outlook to improve. It was dropped from the Featured Stocks list on 6/13/22 amid widespread market weakness (M criteria).
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CLR - NYSE - ENERGY - Oil &; Gas Drilling &; Explorati Continental Res Inc	$65.69	-3.81 -5.48%	$69.46	$75.49	-12.98%	1,540,445 85.34%	1,805,000
Most Recent Note for CLR - 6/17/2022 12:21:17 PM Pulled back from its 52-week high and recent intra-day price swings have been wider than usual. Noted with caution in prior mid-day reports - "Reported earnings +244% on +49% sales revenues for the Mar '22 quarter versus the year ago period. Prior earnings history has been erratic and not a match with the investment system's guidelines."
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CNC - NYSE - HEALTH SERVICES - Health Care Plans Centene Corp	$76.64	+0.00 0.00%	$79.30	$89.92	-14.77%	1,809,045 66.46%	2,722,000
Most Recent Note for CNC - 6/17/2022 12:22:45 PM Slumped below its 200 DMA line with recent volume-driven losses. Reported earnings +12% on +24% sales revenues for the Mar '22 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) has been steady. Shares split 2:1 on 2/07/19 and also 2:1 back on 2/20/15. Completed a new Public Offering on 5/03/18.
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EGY - NYSE - ENERGY - Independent Oil & Gas Vaalco Energy Inc	$7.57	-0.47 -5.85%	$8.37	$8.77	-13.68%	1,509,664 95.55%	1,580,000
Most Recent Note for EGY - 6/17/2022 12:24:34 PM Near its 52-week high churning higher volume while recently consolidating near prior highs and above its 50 DMA line ($7.11). For the Mar '22 quarter it reported earnings +140% on +73% 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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EQNR - NYSE - Oil&Gas-Integrated Equinor ASA Adr	$33.71	-0.72 -2.08%	$35.60	$39.15	-13.91%	4,150,596 112.15%	3,701,000
Most Recent Note for EQNR - 6/17/2022 12:26:13 PM Volume-driven losses have it sputtering below its 50 DMA line ($36). Noted with caution in prior mid-day reports - "Recent quarterly comparisons through Mar '22 showed strong sales revenues and earnings increases over the year ago period. Annual earnings history has been erratic."
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FRBA - NASDAQ - Banks-Northeast First Bank NJ	$13.89	+0.04 0.29%	$13.98	$15.90	-12.64%	22,741 66.89%	34,000
Most Recent Note for FRBA - 6/17/2022 12:27:39 PM Slumped below its 50 and 200 DMA lines recently after hovering in a tight range for many months. Reported Mar '22 quarterly earnings -16% on -4% sales revenues versus the year ago period. Prior quarterly comparisons were above the +25% minimum earnings guideline (C criteria) but with sub par sales revenues growth. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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GO - NASDAQ - Retail-Discount&Variety Grocery Outlet Hdg Corp	$39.70	-0.75 -1.85%	$41.36	$40.64	-2.31%	747,597 68.52%	1,091,000
Most Recent Note for GO - 6/17/2022 12:28:47 PM Rebounding towards its highs after a deep slump over the past year. Prior mid-day reports noted - "Earnings history (C and A criteria) is not a match with the fundamental guidelines of the fact-based investment system."
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LOPE - NASDAQ - DIVERSIFIED SERVICES - Education &; Training Services Grand Canyon Education	$87.07	+2.86 3.40%	$87.43	$102.04	-14.67%	207,914 59.07%	352,000
Most Recent Note for LOPE - 6/17/2022 12:49:19 PM Slumping below its 200 DMA line with recent losses. Reported earnings +0% on +3% sales revenues for the Mar '22 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria) of the fact-based investment system.
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MANT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Mantech International	$94.52	-0.17 -0.18%	$95.00	$95.98	-1.52%	350,801 63.78%	550,000
Most Recent Note for MANT - 6/17/2022 12:49:31 PM Gapped up on 5/16/22 following M&A news with The Carlyle Group Inc (CG). Reported Mar '22 earnings +1% on +7% sales revenues versus the year ago period, and prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been steady.
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MCD - NYSE - LEISURE - Restaurants Mcdonalds Corp	$233.98	-1.21 -0.51%	$235.19	$271.15	-13.71%	1,742,612 61.36%	2,840,000
Most Recent Note for MCD - 6/17/2022 12:55:51 PM Sputtering below its 200 DMA line in recent weeks along with the broader market (M criteria) weakness. Quarterly and annual earnings history (C and A criteria) are not a match with the fact-based investment system's fundamental guidelines. There are now 739.5 million shares outstanding. It was noted with caution in prior mid-day reports - "The global burger giant's stock is viewed as a 'safe haven' and longtime favorite for some institutional investors."
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MRK - NYSE - Medical-Ethical Drugs Merck & Co Inc	$83.66	-1.24 -1.45%	$85.76	$94.92	-11.87%	8,932,772 75.13%	11,890,000
Most Recent Note for MRK - 6/17/2022 12:57:35 PM Retreated from new all-time highs in May and slumped below its 50 DMA line ($88.55). Earnings improved +84% on +50% sales revenues in the Mar '22 quarter versus the year ago period, its 4th quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in in FY '20 earnings (A criteria).
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NBN - NASDAQ - BANKING - Regional - Northeast Banks Northeast Bancorp	$35.53	+0.68 1.95%	$37.37	$41.05	-13.45%	23,184 62.66%	37,000
Most Recent Note for NBN - 6/17/2022 12:59:08 PM Reported Mar '22 quarterly earnings +4% on -55% sales revenues versus the year ago period, breaking a streak of strong quarterly comparisons. Finding support at its 200 DMA line.
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OSBC - NASDAQ - BANKING - Regional - Midwest Banks Old Second Bancorp Inc	$13.80	+0.14 1.02%	$14.00	$15.68	-11.99%	124,509 61.33%	203,000
Most Recent Note for OSBC - 6/17/2022 1:00:42 PM Pulled back from its 52-week high this week and undercut its 50 DMA line ($14.38) testing its 200 DMA line ($13.64). Prior mid-day reports cautioned members- "Reported Mar '22 quarterly earnings -10% on +55% sales revenues versus the year ago period. Fundamental are not a match with the fact-based investment system's guidelines (C and A criteria)."
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PBH - NYSE - CONSUMER NON-DURABLES - Personal Products Prestige Brands Holdings	$54.80	+0.35 0.64%	$55.28	$63.83	-14.15%	159,399 62.51%	255,000
Most Recent Note for PBH - 6/17/2022 1:02:03 PM Met resistance near its 200 DMA line and it has been sputtering since the 5/10/22 mid-day report last noted - "Reported Mar '22 quarterly earnings +22% on +15% sales revenues versus the year ago period. Prior quarterly comparisons have not shown strong and steady earnings above the +25% minimum guideline (C criteria). Its annual earnings (A criteria) history has been strong."
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RE - NYSE - INSURANCE - Accident & Health Insurance Everest Re Group Ltd	$267.05	+2.05 0.77%	$268.87	$308.20	-13.35%	160,354 69.72%	230,000
Most Recent Note for RE - 6/17/2022 1:03:33 PM Erratic earnings history leaves fundamental concerns. Slumped from its all-time high in March and recently violated its 200 DMA line.
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RLI - NYSE - INSURANCE - Property & Casualty Insurance R L I Corp	$109.52	+0.31 0.28%	$111.08	$121.93	-10.18%	107,315 62.39%	172,000
Most Recent Note for RLI - 6/17/2022 1:03:50 PM Reported Mar '22 quarterly earnings +84% on -8% sales revenues versus the year ago period. Annual earnings (A criteria) had a downturn in FY '18.
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THFF - NASDAQ - BANKING - Regional - Midwest Banks First Financial Corp Ind	$43.96	-0.32 -0.71%	$44.63	$47.10	-6.68%	64,953 88.98%	73,000
Most Recent Note for THFF - 6/17/2022 1:05:19 PM Found support near its 200 DMA line recently after volume-driven losses. Reported strong Mar '22 quarterly results. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria).
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TRV - NYSE - INSURANCE - Property & Casualty Insurance Travelers Companies Inc	$160.99	-0.39 -0.24%	$162.59	$187.98	-14.36%	950,555 72.01%	1,320,000
Most Recent Note for TRV - 6/17/2022 1:06:25 PM Slumped below its 200 DMA line during a streak of 7 consecutive losses. Noted with caution in prior mid-day reports - "Earnings history and sales revenues growth for this well-known Insurance - Property/Casualty/Title firm is not a match with the fact-based investment system's guidelines."
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VIVO - NASDAQ - DRUGS - Diagnostic Substances Meridian Bioscience Inc	$27.77	+0.81 3.00%	$28.11	$29.00	-4.24%	201,508 61.25%	329,000
Most Recent Note for VIVO - 6/17/2022 1:07:14 PM Still perched within striking distance of its 52-week high. The 6/08/22 mid-day report last cautioned members - "Quarterly earnings increases through Mar '22 versus the year ago periods have been below the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines. On 4/18/08 it was dropped from the Featured Stocks list."
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WWE - NYSE - LEISURE - General Entertainment World Wrestling Entmnt	$62.48	-2.39 -3.68%	$64.67	$68.73	-9.09%	460,982 65.48%	704,000
Most Recent Note for WWE - 6/17/2022 1:08:37 PM Testing support at its 50 DMA line ($61.89) again. While consolidating within striking distance of its 52-week high prior mid-day reports noted - "Reported Mar '22 quarterly earnings +51% on +27% sales revenues versus the year ago period, its 2nd strong quarterly comparison. The prior 4 quarterly earnings comparisons were negative, down from the year ago periods. Annual earnings (A criteria) history had a downturn in FY '19."
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