Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, February 25, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - WEDNESDAY, JUNE 22ND, 2022
Previous Mid Day Report Next Mid Day Report >>>

DOW 30513.88 -16.37 (-0.05%) | NASDAQ 11062.34 -6.96 (-0.06%) | S&P 500 3760.97 -3.82 (-0.10%)
Time of Screening : 6/22/2022 12:29:37 PM         Report Released : 6/22/2022 12:56:21 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
Max Buy
LLY - NYSE
Lilly Eli & Co
$305.88 +8.54
2.87%
$306.68 1,775,518
59.34% of 50 DAV
50 DAV is 2,992,000
$324.08
-5.62%
5/16/2022 $302.46 PP = $314.10
MB = $329.81
Most Recent Note - 6/22/2022 12:46:27 PM
Y - Color code is changed to yellow after rebounding above the 50 DMA line ($297.54) helping its outlook improve. Little resistance remains due to overhead supply. Keep in mind that the fact-based investment system discourages new buying in any stocks until a solid 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.
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
AMAL - NASDAQ - Banks-Northeast
Amalgamated bank
$20.18 -0.17
-0.84%
$20.66 $21.94 -8.02% 51,815
54.54%
95,000
Most Recent Note for AMAL - 6/22/2022 12:30:51 PM
Stalled after hitting a new 52-week high with a big volume-driven gain. The 6/01/22 mid-day report last noted - "Fundamental concerns remain. Recent quarterly comparisons through Mar '22 showed earnings increases below the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth has been good."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ATAX - NASDAQ - Finance-Mrtg&Rel Svc
America First Multfm Inv
$18.85 +0.15
0.81%
$18.96 $21.33 -11.62% 29,682
53.00%
56,000
Most Recent Note for ATAX - 6/22/2022 12:31:11 PM
Reported earnings +281% on +33% sales revenues for the Mar '22 quarter versus the year ago period. Prior 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 | ChartC A N S L I M  
BCH - NYSE - BANKING - Foreign Regional Banks
Banco De Chile Adr
$19.39 -0.28
-1.42%
$19.53 $22.10 -12.26% 174,026
113.74%
153,000
Most Recent Note for BCH - 6/22/2022 12:31:34 PM
Reported Mar '22 quarterly earnings +68% on +45% sales revenues versus the year ago period. Sputtering since the 4/08/22 mid-day report cautioned members - "Recent quarterly comparisons through Dec '21 showed strong earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has not been strong and steady."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CASY - NASDAQ - RETAIL - Super/Mini Markets
Caseys General Stores
$185.30 +1.05
0.57%
$186.80 $216.40 -14.37% 146,195
50.41%
290,000
Most Recent Note for CASY - 6/22/2022 12:33:02 PM
Slumped below its 50 and 200 DMA lines with recent volume-driven losses. The 6/08/22 mid-day report last noted - "Reported earnings +43% on +45% sales revenues for the Apr '22 quarter versus the year ago period, its 2nd strong quarterly comparison. Not a match with the fundamental guidelines of the fact-based system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CB - NYSE - INSURANCE - Property & Casualty Insurance
Chubb Corp
$188.35 -1.12
-0.59%
$189.73 $218.99 -13.99% 1,162,172
62.82%
1,850,000
Most Recent Note for CB - 6/22/2022 12:34:03 PM
Slumped well below its 200 DMA line with a gap down and volume-driven loss last week. Fundamental concerns remain. Noted with caution in prior mid-day reports - "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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CLR - NYSE - ENERGY - Oil &; Gas Drilling &; Explorati
Continental Res Inc
$65.77 -0.90
-1.35%
$67.44 $75.49 -12.88% 1,089,918
57.27%
1,903,000
Most Recent Note for CLR - 6/22/2022 12:35:29 PM
Pulled back from its 52-week high hit following 6/14/22 M&A news. 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
EGY - NYSE - ENERGY - Independent Oil & Gas
Vaalco Energy Inc
$7.89 -0.71
-8.26%
$8.25 $8.77 -10.03% 1,123,546
62.70%
1,792,000
Most Recent Note for EGY - 6/22/2022 12:36:56 PM
Intra-day price swings have been wider than usual while hovering near its 52-week high. Consolidating above its 50 DMA line ($7.14). 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.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FBIZ - NASDAQ - Banks-Midwest
First Business Finl Svcs
$32.72 -0.28
-0.85%
$32.98 $35.92 -8.91% 18,859
53.88%
35,000
Most Recent Note for FBIZ - 6/22/2022 12:37:48 PM
Sputtering below its 50 DMA line ($33.73) following volume-driven losses while retreating from its all-time high. Reported earnings -9% on +2% sales revenues for the Mar '22 quarter versus the year ago period. Prior quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FNKO - NASDAQ - Leisure-Toys/Games/Hobby
Funko Inc Cl A
$20.76 +0.10
0.48%
$21.22 $23.05 -9.93% 325,624
50.88%
640,000
Most Recent Note for FNKO - 6/22/2022 12:42:12 PM
Quarterly comparisons through Mar '22 showed strong earnings increases (C criteria) with great sales revenues growth. Annual earnings (A criteria) history remains a concern after a big downturn in FY '20.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
FVCB - NASDAQ - Banks-Southeast
FVC Bancorp Inc
$18.81 +0.10
0.53%
$20.39 $21.90 -14.11% 39,387
83.80%
47,000
Most Recent Note for FVCB - 6/22/2022 12:42:48 PM
Slumped below its 200 DMA line in recent weeks after holding its ground in a tight range since a gap up on 7/15/21 following M&A news. Prior mid-day reports noted - "Sub par earnings and sales revenues growth history for this thinly traded Bank."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
GO - NASDAQ - Retail-Discount&Variety
Grocery Outlet Hdg Corp
$41.46 -0.12
-0.29%
$41.70 $41.36 0.24% 585,482
50.69%
1,155,000
Most Recent Note for GO - 6/22/2022 12:43:16 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NBN - NASDAQ - BANKING - Regional - Northeast Banks
Northeast Bancorp
$37.09 +0.23
0.62%
$37.44 $41.05 -9.65% 24,102
61.80%
39,000
Most Recent Note for NBN - 6/22/2022 12:47:05 PM
Reported Mar '22 quarterly earnings +4% on -55% sales revenues versus the year ago period, breaking a streak of strong quarterly comparisons. Found support at its 200 DMA line.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NL - NYSE - Hsehold/Office Furniture
N L Industries
$9.33 +0.15
1.63%
$9.48 $9.92 -5.95% 23,477
71.14%
33,000
Most Recent Note for NL - 6/22/2022 12:49:14 PM
Consolidating above prior highs and above its 50 DMA line after rallying from a sound base pattern in recent weeks. Prior mid-day reports cautioned members - "Earnings and sales revenues history is below the fact-based investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
OFC - NYSE - REAL ESTATE - REIT - Office
Corporate Office Pptys
$26.76 +0.26
0.98%
$27.00 $30.51 -12.29% 433,604
51.44%
843,000
Most Recent Note for OFC - 6/22/2022 12:49:59 PM
Quarterly earnings increases through Mar '22 have been well below the +25% minimum guideline (C criteria).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PKBK - NASDAQ - BANKING - Regional - Northeast Banks
Parke Bancorp Inc
$22.16 -0.41
-1.82%
$22.59 $25.85 -14.27% 29,664
70.63%
42,000
Most Recent Note for PKBK - 6/22/2022 12:50:40 PM
Sputtering below its 50 DMA and 200 DMA lines following recently noted volume-driven losses. Fundamental concerns remain.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PNM - NYSE - Utility-Electric Power
P N M Resources Inc
$45.68 +0.79
1.76%
$45.96 $50.11 -8.84% 482,300
78.55%
614,000
Most Recent Note for PNM - 6/22/2022 12:51:47 PM
Fundamental concerns remain and it was noted with caution in prior mid-day reports - "Earnings history has been erratic for this Utility - Diversified holding firm in the electricity and natural gas distribution business."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SAFM - NASDAQ - FOOD & BEVERAGE - Meat Products
Sanderson Farms Inc
$207.91 -4.86
-2.28%
$211.99 $210.22 -1.10% 464,014
171.86%
270,000
Most Recent Note for SAFM - 6/22/2022 12:52:57 PM
Pulling back today from a new all-time high hit on the prior session after heavy volume behind big gains in recent weeks. Reported very strong sales revenues and earnings increases in quarterly comparisons through Apr '22 versus the year ago periods. Sub par annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines. Consolidating since M&A news 8/09/21 with Cargill.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
UNH - NYSE - HEALTH SERVICES - Health Care Plans
Unitedhealth Group Inc
$488.00 +7.68
1.60%
$492.94 $553.29 -11.80% 1,969,616
62.63%
3,145,000
Most Recent Note for UNH - 6/22/2022 12:54:28 PM
Rebounding above its 200 DMA line ($472) with this week's volume-driven gains. Reported earnings +3% on +14% sales revenues for the quarter ended March 31, 2022 versus the year ago period. Prior comparisons were erratic, not strong and steady above the +25% minimum guideline (C criteria). Annual earnings growth has been strong and steady.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
VIVO - NASDAQ - DRUGS - Diagnostic Substances
Meridian Bioscience Inc
$29.56 +0.56
1.93%
$29.94 $29.00 1.93% 174,123
51.52%
338,000
Most Recent Note for VIVO - 6/22/2022 12:55:16 PM
Today's 3rd consecutive volume-driven gain has it challenging its 52-week high. Prior mid-day reports 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."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WEYS - NASDAQ - CONSUMER NON-DURABLES - Textile - Apparel Footwear
Weyco Group Inc
$29.51 -0.75
-2.49%
$30.15 $31.17 -5.33% 19,411
64.70%
30,000
Most Recent Note for WEYS - 6/22/2022 12:56:14 PM
Hovering near its 52-week high following recent volume-driven gains. Prior mid-day reports cautioned members - "Recent quarterly comparisons through Mar '22 versus the year ago periods showed great increases in sales revenues and earnings. Annual earnings included a loss in FY '20, 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 | ChartC 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.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us