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 MIDDAY BREAKOUTS REPORT - MONDAY, JUNE 20TH, 2011
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DOW 12092.34 87.98 (0.73%) | NASDAQ 2632.82 16.34 (0.62%) | S&P 500 1280.39 8.89 (0.70%)
Time of Screening : 6/20/2011 12:04:07 PM         Report Released : 6/20/2011 1:14:25 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
HS -

$44.33 +1.29
2.99%
$44.88 516,655
62.32% of 50 DAV
50 DAV is 829,000
$45.11
-1.73%
6/16/2011 $42.44 PP = $45.21
MB = $47.47
Most Recent Note - 6/20/2011 12:53:22 PM
Y - Gain today has it possibly poised for a new high close while consolidating above its 50 DMA line. A powerful technical breakout could trigger a new (or add-on) technical buy signal, however the M criteria argues against new buying efforts without a follow-through day from at least one of the major averages confirming a new rally. See the latest FSU analysis for more details and a new annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 6/16/2011. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AZO - NYSE - RETAIL - Auto Parts Stores
Autozone Inc
$292.62 +0.91
0.31%
$293.15 $299.60 -2.33% 234,084
60.79%
385,100
Most Recent Note for AZO - 6/20/2011 12:06:40 PM
Consolidating above support near its 50 DMA line. Reported +28% earnings on +9% sales revenues for the quarter ended April 30, 2011. Noted in prior mid-day reports - "Its 4 latest quarterly comparisons (C criteria) showed earnings increases above the +25% minimum guideline while sales revenues increases were in the +1-13% range and gradually accelerating. It is heavily owned by mutual funds already, and top-rated funds owning shares fell from 1,105 in Dec '10 to 1,062 in Mar '11, not a reassuring sign concerning the I criteria. While consumers are fixing their old cars and holding off on new car purchases, AZO and similar players in the auto-repair arena have shown some leadership."
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BEAV - NASDAQ - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
B/E Aerospace Inc
$38.32 +0.39
1.03%
$39.20 $40.81 -6.10% 597,163
76.24%
783,300
Most Recent Note for BEAV - 6/20/2011 12:08:36 PM
Volume-driven gains have it challenging previously stubborn resistance in the $39-40 area. The 6/17/11 mid-day report noted - "Recent quarterly comparisons showed sales revenues and earnings increases sequentially accelerating, but a downturn in FY '09 earnings is a flaw with respect to the A criteria of the investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BGS - NYSE - FOOD & BEVERAGE - Processed & Packaged Goods
B & G Foods Inc
$19.33 -0.11
-0.57%
$19.49 $19.60 -1.38% 281,521
72.80%
386,700
Most Recent Note for BGS - 6/20/2011 12:11:35 PM
After a gap up gain on heavy volume on 6/17/11 it is challenging previously stubborn resistance in the mid-$19 area. Held its ground and built an orderly base following its considerable volume-driven gain on 3/02/11. Reported earnings +23% on +5% sales for the quarter ended March 31, 2011. Prior mid-day reports - "Reported earnings +100% on +5% sales revenues for the quarter ended December 31, 2010 versus the year ago period. Its earnings history has been strong, but the lack of sales revenues growth raises concerns that there is not great or growing demand for a new (N criteria) product or services."
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BIIB - NASDAQ - DRUGS - Biotechnology
Biogen Idec Inc
$98.82 +4.07
4.29%
$100.48 $106.99 -7.64% 1,612,366
62.32%
2,587,400
Most Recent Note for BIIB - 6/20/2011 12:17:22 PM
Gapped up today after finding support at its 50 DMA line last week. Rallying near its 52-week and multi-year high hit when it gapped up on 4/21/11. Last noted in the 4/26/11 mid-day report - "Reported earnings +32% on +9% sales for the quarter ended March 31, 2011 versus the year ago period. Held its ground and kept rising following the considerable 4/11/11 gap up gain on heavy volume. Earnings and sales growth history is below the guidelines of the fact-based investment system, still. It survived but failed to impress since last noted in October 2007 mid-day reports after a huge gap up on news if had interested buyers including Carl Icahn."
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CRS - NYSE - METALS & MINING - Steel & Iron
Carpenter Technology
$53.17 +5.29
11.05%
$53.44 $53.88 -1.32% 796,171
161.89%
491,800
Most Recent Note for CRS - 6/20/2011 12:25:48 PM
Announced a definitive merger agreement with Latrobe Specialty Metals Inc and gapped up today. Its considerable gain is helping it challenge its 52-week high after a slump below its 50 DMA line last week. Built an orderly base since a "breakaway gap" on 4/26/11. As noted in prior mid-day reports - "Downturn in FY '09 and FY '10 earnings (A criteria) earnings makes it fall below the fact-based investment system's fundamental guidelines."
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CVLT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Commvault Systems Inc
$39.39 +2.11
5.66%
$39.56 $42.30 -6.88% 394,751
78.43%
503,300
Most Recent Note for CVLT - 6/20/2011 12:30:26 PM
Considerable gain today has it rebounding above its 50 DMA line. It had slumped below that short-term average from a new 52-week high hit since it was last noted in the 5/27/11 mid-day report - "Based on poor technical action it was dropped from the Featured Stocks list on 7/13/10. It has rebounded impressively since, yet its fundamental characteristics today are not a match for the fact-based system at all. Disciplined investors avoid the temptation to get in 'early' and may review earlier notes and observe that CVLT did not trigger a technical buy signal after it had been featured in the 7/06/10 mid-day report."
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INTX - NASDAQ - FINANCIAL SERVICES - Credit Services
Intersections Inc
$15.95 -0.05
-0.31%
$16.23 $16.34 -2.39% 53,544
80.88%
66,200
Most Recent Note for INTX - 6/20/2011 12:55:06 PM
Still holding its ground in a tight range near its 52-week high. It has made minimal progress in recent weeks while unhindered by overhead supply . Prior mid-day reports noted - "Quarterly earnings increases have been strong in recent comparisons although sales revenues increases have been only in the +1-7% range and its annual earnings (A criteria) history includes a downturn in FY '09 earnings, leaving fundamental concerns."
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SBH - NYSE - SPECIALTY RETAIL - Specialty Retail, Other
Sally Beauty Holdings
$16.81 +0.24
1.45%
$16.86 $16.96 -0.88% 671,816
80.69%
832,600
Most Recent Note for SBH - 6/20/2011 12:57:25 PM
Hit another new 52-week high today, making its 2nd consecutive mid-day report appearance after enduring recent distributional pressure while consolidating above its 50 DMA line and prior highs. Prior mid-day reports noted - "Quarterly earnings growth has been strong but its sales revenues increases and annual earnings (A criteria) history in the past 3-5 years were not especially strong."
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TDG - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products &; Services
Transdigm Group Inc
$85.22 +1.39
1.66%
$85.96 $85.38 -0.19% 146,137
58.76%
248,700
Most Recent Note for TDG - 6/20/2011 1:03:00 PM
Hit a new 52-week and all-time high today with no resistance remaining due to overhead supply. Recent earnings increases have been just below the +25% guideline in quarterly comparisons through March '11 while sales revenues increases showed acceleration following a streak of weak or negative comparisons. In recent years it has rebounded and rallied to new highs following a deep consolidation after it was dropped from the Featured Stocks list 1/17/08.
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TEO - NYSE - TELECOMMUNICATIONS - Telecom Services - Foreign
Telecom Argent S A Ads
$25.55 +0.64
2.57%
$25.75 $27.23 -6.17% 191,070
110.57%
172,800
Most Recent Note for TEO - 6/20/2011 1:06:55 PM
Rallying toward prior multi-month resistance in the $26-27 area. Recent quarters showed accelerating sales revenues and mostly solid earnings increases versus the year earlier.

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TNH - NYSE - CHEMICALS - Agricultural Chemicals
Terra Nitrogen Co Lp
$124.00 +4.32
3.61%
$124.00 $133.92 -7.41% 48,733
110.51%
44,100
Most Recent Note for TNH - 6/20/2011 1:10:15 PM
Holding its ground above its 50 DMA line after 3 consecutive volume-driven losses. Abruptly reversed from its 52-week high. Prior mid-day reports have repeatedly noted - "Its up and down annual earnings (questionable A) history is a concern. There is a small supply of only 4.63 million shares in its float, which can contribute to greater price volatility in the event of institutional buying or selling. It survived but failed to impress since last noted in the 4/22/08 mid-day report."
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TPX - NYSE - MANUFACTURING - Textile Manufacturing
Tempur Sealy Intl Inc
$63.16 +2.21
3.63%
$63.69 $66.33 -4.78% 790,638
58.17%
1,359,200
Most Recent Note for TPX - 6/20/2011 1:13:44 PM
Rebounding back above its 50 DMA line and toward its 52-week high. It had slumped below its short-term average since last noted in the 4/14/11 mid-day report - "No overhead supply remains to hinder its progress. Sales revenues and earnings increases in recent quarterly comparisons have been strong versus the year ago period, but showed deceleration in its growth rate. Its annual earnings (A criteria) history was marred by a downturn in FY '08."
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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.

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