Mid-Day Breakouts Report - Wednesday, August 5th, 2020

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, AUGUST 5TH, 2020
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DOW 27162.13 333.66 (1.24%) | NASDAQ 10966.8 25.63 (0.23%) | S&P 500 3325.53 19.02 (0.58%)

Time of Screening : 8/5/2020 12:10:06 PM Report Released : 8/5/2020 12:51:00 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 75% 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
EBS - NYSE Emergent Biosolutions	$133.27	+10.64 8.68%	$136.39	784,537 79.41% of 50 DAV 50 DAV is 988,000	$126.19 5.61%	7/7/2020	$89.47	PP = $93.68 MB = $98.36
Most Recent Note - 8/5/2020 12:19:57 PM G - Hitting yet another new all-time high with today's 6th consecutive gain, getting very extended from any sound base. Bullish action came after it reported Jun '20 quarterly earnings +890% on +62% sales revenue for the Jun '20 quarter versus the year ago period. Prior highs in the $93 area define initial support above its 50 DMA line ($87.20). See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 8/4/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
AEIS - NASDAQ - ELECTRONICS - Diversified Electronics Advanced Energy Inds	$76.23	+1.31 1.74%	$79.75	$78.49	-2.89%	219,008 81.72%	268,000
Most Recent Note for AEIS - 8/5/2020 12:12:31 PM Reported earnings +162% on +152% sales revenues for the Jun '20 quarter versus the year ago period, its 2nd strong quarterly comparison. Fundamental concerns remain as when noted in prior mid-day reports with caution - "Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
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ANET - NYSE - Computer-Networking Arista Networks, Inc	$236.71	-27.28 -10.33%	$248.01	$267.30	-11.44%	1,428,505 231.15%	618,000
Most Recent Note for ANET - 8/5/2020 12:14:04 PM Gapped down today. Weak action came after it report earnings -14% on -11% sales revenues for the Jun '20 quarter versus the year ago period. It has sputtered since dropped from the Featured Stocks list on 5/06/19.
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ATVI - NASDAQ - COMPUTER SOFTWARE & SERVICES - Multimedia & Graphics Software Activision Blizzard Inc	$85.18	-1.27 -1.47%	$86.02	$87.04	-2.14%	5,611,430 78.87%	7,115,000
Most Recent Note for ATVI - 8/5/2020 12:16:04 PM Perched at its all-time high following volume-driven gains. Fundamental concerns remain. Reported earnings +53% on +38% sales revenues for the Jun '20 quarter. Prior quarterly and annual earnings (C and A criteria) history are not a match with the fact-based investment system's guidelines.
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DOYU - NASDAQ - INTERNET - Content Doyou Intl Holdings Ltd Ads	$15.44	+0.65 4.39%	$17.24	$14.90	3.62%	4,777,426 210.92%	2,265,000
Most Recent Note for DOYU - 8/5/2020 12:17:51 PM Hitting yet another new 52-week high with today's 8th consecutive gain backed by ever-increasing volume. Found support above its 50 DMA line while consolidating after a streak of volume-driven gains. Quarterly comparisons through Mar '20 showed strong earnings increases but sequential quarters show a decelerating sales revenues growth rate. Prior mid-day reports noted - "China-based Internet firm has a limited history and sub par fundamentals."
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EGO - NYSE - METALS & MINING - Gold Eldorado Gold Corp	$13.07	+0.41 3.24%	$13.20	$12.74	2.59%	2,264,304 80.70%	2,806,000
Most Recent Note for EGO - 8/5/2020 12:20:59 PM Hitting yet another new 52-week high with today's volume-driven gain. Recent strength in the Mining - Gold/Silver/Gems group (L criteria) helped numerous issues in the industry to rally. Reported strong Jun '20 quarterly earnings results. The 4 latest quarterly comparisons show strong earnings and sales increases versus the year ago periods. Annual earnings history (A criteria) is not a match with the fact-based investment system's fundamental guidelines.
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GAU - AMEX - Mining-Gold/Silver/Gems Galiano Gold Inc	$2.09	+0.05 2.21%	$2.12	$2.05	1.71%	2,146,219 149.15%	1,439,000
Most Recent Note for GAU - 8/5/2020 12:22:34 PM Hit a new 52-week high today and then reversed into the red following an impressive spurt of volume-driven gains. Formerly known as Asanko Gold Inc (AKG), it stubbornly held its ground following prior volume-driven gains. Repeatedly noted in prior mid-day reports - "Fundamentals are sub par."
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GOLF - NYSE - Leisure-Products Acushnet Holdings Corp	$36.02	-3.32 -8.44%	$37.39	$39.85	-9.61%	294,811 79.89%	369,000
Most Recent Note for GOLF - 8/5/2020 12:23:36 PM Gapped down today retreating from its all-time high. Fundamental concerns remain after reporting Jun '20 earnings -94% on -35% sales revenues versus the year ago period.
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction Goldfield Corp	$4.29	-0.05 -1.15%	$4.50	$4.36	-1.61%	94,157 105.79%	89,000
Most Recent Note for GV - 8/5/2020 12:24:47 PM Reversed into the red after hitting another new 52-week high today following recent volume-driven gains. Due to report Jun '20 quarterly results. 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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HZNP - NASDAQ - Medical-Biomed/Biotech Horizon Pharma Inc	$72.29	+10.50 16.99%	$73.50	$63.72	13.45%	3,509,053 143.40%	2,447,000
Most Recent Note for HZNP - 8/5/2020 12:31:44 PM Reported earnings -18% on +44% sales revenues for the Jun '20 quarter. Hitting a new all-time high with a "breakaway gap" today. Completed a new Public Offering on 3/06/19. Up and down quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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IEC - AMEX - Elec-Contract Mfg I E C Electronics Corp	$9.46	+0.09 0.92%	$9.68	$9.70	-2.47%	85,095 139.50%	61,000
Most Recent Note for IEC - 8/5/2020 12:34:47 PM Reported earnings +82% on +17% sales revenues for the Jun '20 quarter versus the year-ago period. After challenging its 52-week high today there was a "negative reversal" and it is pulling back near its 50 DMA line ($8.94). It has been meeting stubborn resistance in the $9.70 area. Annual earnings (A criteria) history has been improving after a downturn in FY '17. Quarterly comparisons show strong earnings increases above the +25% minimum guideline (C criteria) versus the year ago periods, but sales revenues growth has been decelerating, +35%, +28%, +26%, and +18% in the Jun, Sep, Dec '19, and Mar '20 quarters, respectively.
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KGC - NYSE - METALS & MINING - Gold Kinross Gold Corp	$10.08	+0.42 4.35%	$10.21	$9.68	4.13%	15,403,562 85.82%	17,948,000
Most Recent Note for KGC - 8/5/2020 12:38:08 PM Hit new multi-year highs again today with another gap up and volume-driven gain. Bullish action has continued since 7/29/20 when it reported Jun '20 earnings +150% on +20% sales revenues versus the year ago period. Quarterly earnings increases have been above the +25% minimum guideline (C criteria). Its up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines.
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LMNX - NASDAQ - HEALTH SERVICES - Medical Instruments & Supplies Luminex Corp	$40.37	+0.94 2.38%	$41.69	$40.21	0.40%	880,601 119.97%	734,000
Most Recent Note for LMNX - 8/5/2020 12:40:42 PM Hitting a new 52-week high with today's 3rd consecutive big volume-driven gain. Reported Jun '20 quarterly earnings per share of 27 cents compared to a loss of 10 cents per share on sales revenues +32% versus the year ago period. Erratic annual earnings history (A criteria) is not a match with the fact-based investment system's guidelines.
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LVGO - NASDAQ - Medical-Products Livongo Health Inc	$137.16	-7.37 -5.10%	$150.00	$149.84	-8.46%	20,047,998 422.60%	4,744,000
Most Recent Note for LVGO - 8/5/2020 12:42:25 PM Retreating from its all-time high with today's loss following M&A news with Teladoc Health Inc (TDOC). The prior mid-day report cautioned members - "Getting very extended from any sound base. Reported strong Dec '19 and Mar '20 quarterly results versus the year ago periods but fundamental concerns remain. Digital health firm's limited history remains a concern. Went through a choppy consolidation since completing its $28 IPO on 7/25/20."
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Magic Software Enter Ltd	$13.01	-0.08 -0.61%	$13.25	$13.11	-0.76%	51,085 91.22%	56,000
Most Recent Note for MGIC - 8/5/2020 12:43:44 PM Reversed into the red after hitting another new 52-week high today following 3 consecutive volume-driven gains. Found support while consolidating above its 50 DMA line ($11.29) in recent weeks. Managed an impressive rebound from the March low ($6.31). Due to report Jun '20 quarterly results on 8/13/20. Prior mid-day reports repeatedly 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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NYT - NYSE - MEDIA - Publishing - Newspapers New York Times Co Cl A	$45.78	-1.01 -2.16%	$47.74	$47.49	-3.60%	1,180,951 88.66%	1,332,000
Most Recent Note for NYT - 8/5/2020 12:46:09 PM Perched at new multi-year highs but reversing into the red today after rallying impressively following a deep pullback. Reported Jun '20 earnings +6% on -7% sales versus the year ago period, below the +25% minimum earnings guideline (C criteria). Sub par earnings and sales revenues growth is a fundamental concern. Annual earnings growth slowly and steadily improved after a downturn in FY '16.
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QGEN - NASDAQ - DRUGS - Biotechnology Qiagen Nv	$47.27	-0.22 -0.46%	$47.52	$50.97	-7.26%	2,000,225 166.55%	1,201,000
Most Recent Note for QGEN - 8/5/2020 12:47:40 PM Retreating from its 52-week high hit last week. Reported earnings +67% on +16% sales revenues for the Jun '20 quarter versus the year-ago period. Announced M&A news on 3/03/20. Prior mid-day reports noted - "Quarterly sales revenues and earnings growth history is not a match with the fact-based investment system's guidelines."
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SITE - NYSE - Retail/Whlsle-Bldg Prds SiteOne Landscape Supply	$121.57	+2.15 1.80%	$122.43	$132.32	-8.12%	297,100 84.16%	353,000
Most Recent Note for SITE - 8/5/2020 12:48:49 PM Gapped down on the prior session for a big volume-driven loss after proposing a new Public Offering, abruptly retreating from its all-time high. Fundamental concerns remain after it reported earnings +20% on +9% sales revenues for the Jun '20 quarter versus the year ago period. Went through a deep consolidation and rebounded impressively in recent months. Prior mid-day reports cautioned - "Fundamental concerns remain. Earnings increases have been below the +25% minimum guideline (C criteria) through the Sep '17 quarter."
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SQ - NYSE - Finance-CrdtCard/PmtPr Square Inc	$152.87	+16.04 11.72%	$158.43	$137.80	10.93%	21,588,244 164.32%	13,138,000
Most Recent Note for SQ - 8/5/2020 12:50:54 PM Gapped up today hitting yet another new all-time high with a big volume-driven gain. Very extended from any sound base. Fundamental concerns remain. Reported earnings -14% on +64% sales revenues for the Jun '20 quarter versus the year ago period. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum guideline (C criteria). Went through a choppy consolidation and rallied impressively since dropped from the Featured Stocks list on 4/25/18.
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