You are not logged in. This means
you CAN ONLY VIEW reports that were published prior to Wednesday, September 18, 2024. You
MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.
MIDDAY BREAKOUTS REPORT - TUESDAY, AUGUST 20TH, 2024
Previous Mid Day Report Next Mid Day Report >>>
|
DOW 40782.83 -113.7 (-0.28%) | NASDAQ 17821.07 -55.71 (-0.31%) | S&P 500 5596.34 -11.91 (-0.21%)
|
Time of Screening :
8/20/2024 12:01:45 PM Report Released :
8/20/2024 12:48:38 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...
At around
mid-way through each trading day we run
a screen against our database of
high-ranked stocks, searching for
possible buy candidates that are trading
at or near their 52-week high on above
average volume. The results of that
screen are split into the two sections
you see below. The first, titled
"TODAY's FEATURED STOCKS" shows stocks
that our experts have recently
identified as among the strongest candidates to
consider. Stocks highlighted in yellow
are the most timely and noteworthy, so
particular attention and prompt action
may be appropriate. The second section,
titled "TODAY's BREAKOUT SCREEN" shows
the remainder of stocks meeting today's
screen parameters. Our experts have
reviewed and included notes on these
stocks as well, but found that they may
not match up as favorably.
|
Y - Today's strongest
candidates
highlighted
by our staff
of experts.
|
|
G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
|
|
|
NONE OF OUR FEATURED STOCKS MET TODAY'S SCREENING CRITERIA FOR VOLUME AND PRICE ACTION.
|
|
|
Symbol - Exchange - Industry Group Company Name |
Last |
Chg |
Day High |
52 WK Hi |
% From Hi |
Volume % DAV |
DAV |
AGI
- NYSE - Mining-Gold/Silver/Gems
Alamos Gold Inc
|
$19.92 |
+0.34
1.74%
|
$20.24
|
$19.68
|
1.22% |
1,315,270 66.19%
|
1,987,000
|
Most Recent Note for AGI - 8/20/2024 12:11:10 PM
Hitting a new 52-week high with today's 3rd consecutive volume-driven gain. Reported Jun '24 quarterly earnings +60% on +27% sales revenues versus the year ago period. The Mar '24 quarter had subpar results after strong Mar, Jun, Sep, and Dec '23 quarterly results. Prior mid-day reports cautioned members - "Earnings 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 |
Chart | C
A N
S L
I M
|
FN
- NYSE - ELECTRONICS - Specialized Electronics
Fabrinet
|
$269.25 |
+37.70
16.28%
|
$275.00
|
$266.39
|
1.07% |
857,760 223.38%
|
384,000
|
Most Recent Note for FN - 8/20/2024 12:25:22 PM
Gapped up from below its 50 DMA line ($233) and rallied to a new 52-week high with today's considerable 6th consecutive volume-driven gain. Reported Jun '24 quarterly earnings +30% on +15% sales revenues versus the year-ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong after a slight downturn in FY '20.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
LLY
- NYSE - Medical-Diversified
Lilly Eli & Co
|
$947.64 |
+25.83
2.80%
|
$967.00
|
$966.10
|
-1.91% |
3,020,432 89.05%
|
3,392,000
|
Most Recent Note for LLY - 8/20/2024 12:26:26 PM
Hit a new all-time high with today's volume-driven gain. Reported Jun '24 quarterly earnings +86% on +36% sales revenues versus the year-ago period, its 2nd strong quarterly comparison. Prior 2 quarters were below the +25% minimum earnings guideline (C criteria) of the fact-based investment system. It has made impressive price progress since dropped from the Featured Stocks list on 8/11/22.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
MG
- NYSE - DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services
Mistras Group Inc
|
$11.94 |
+0.24
2.05%
|
$12.04
|
$12.00
|
-0.50% |
78,947 76.65%
|
103,000
|
Most Recent Note for MG - 8/20/2024 12:30:00 PM
Today's 4th consecutive gain with above-average volume has hitting a new 52-week high. Prior mid-day reports cautioned members - "Reported greatly improved Jun '24 quarterly earnings results +320% on +8% sales revenues versus the year-ago period. Concerns remain, fundamentally, as its quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
NFLX
- NASDAQ - SPECIALTY RETAIL - Music & Video Stores
Netflix Inc
|
$697.77 |
+9.24
1.34%
|
$711.33
|
$697.49
|
0.04% |
2,783,638 83.12%
|
3,349,000
|
Most Recent Note for NFLX - 8/20/2024 12:30:53 PM
Wedging to a new 52-week high with today's 6th consecutive gain lacking great volume conviction. Reported Jun '24 quarterly earnings +48% on +17% sales revenues versus the year ago period its 3rd quarterly comparison above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history had a downturn in FY '22. It was dropped from the Featured Stocks list on 10/30/20.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
NMM
- NYSE - TRANSPORTATION - Shipping
Navios Maritime Partners
|
$51.80 |
+4.45
9.39%
|
$52.91
|
$53.83
|
-3.78% |
590,464 383.42%
|
154,000
|
Most Recent Note for NMM - 8/20/2024 12:32:10 PM
Gapped up today rebounding above its 50 DMA line to challenge its 52-week high. Quarterly comparisons through Jun '24 showed subpar sales revenues and earnings increases. Annual earnings (A criteria) history has been erratic.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
PDD
- NASDAQ - Retail-Internet
Pinduoduo Inc Cl A
|
$145.72 |
-5.39 -3.57%
|
$150.15
|
$164.69
|
-11.52% |
4,236,169 64.19%
|
6,599,000
|
Most Recent Note for PDD - 8/20/2024 12:33:52 PM
Due to report Jun '24 quarterly results on 8/22/24. Faces near-term resistance due to overhead supply up to the $164 level. Found support near its 200 DMA line ($133) and rebounded above the 50 DMA line ($138) helping its outlook to improve. It was dropped from the Featured Stocks list on 7/11/24.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
QFIN
- NASDAQ - Financial Svcs-Specialty
360 Finance Inc Cl A Ads
|
$24.81 |
+0.33
1.35%
|
$25.00
|
$24.72
|
0.36% |
1,151,558 92.57%
|
1,244,000
|
Most Recent Note for QFIN - 8/20/2024 12:34:44 PM
Challenging its 52-week high with today's volume-driven gain. Reported Jun '24 quarterly earnings +32% on +6% sales revenues versus the year ago period. Prior quarterly comparisons were subpar and its annual earnings (A criteria) history has been up and down.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
VIST
- NYSE - Oil&Gas-Intl Expl&Prod
Vista Energy SAB de CV
|
$50.17 |
+1.07
2.18%
|
$51.48
|
$50.50
|
-0.65% |
1,085,285 189.40%
|
573,000
|
Most Recent Note for VIST - 8/20/2024 12:42:15 PM
Hit a new all-time high with today's volume-driven gain adding to an impressive spurt from support at its 200 DMA line. Reported Jun '23 quarterly earnings +168% on +66% sales revenues versus the year-ago period. Mexico-based Oil & Gas firm has not shown strong and steady quarterly comparisons. After big losses in prior years, it had profitable results in FY '21 and '22.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
WPM
- NYSE - Mining-Gold/Silver/Gems
Wheaton Precious Metals
|
$61.88 |
+1.38
2.28%
|
$62.24
|
$63.06
|
-1.87% |
896,737 59.50%
|
1,507,000
|
Most Recent Note for WPM - 8/20/2024 12:47:43 PM
Rebounding toward its 52-week high with today's gap up and 4th consecutive gain. Reported Jun '24 quarterly earnings +6% on +13% sales revenues versus the year-ago period, breaking a streak of 3 comparisons above the +25% minimum earnings guideline (C criteria). Annual earnings history has been up and down, not a match with the fact-based investment system's fundamental guidelines (A criteria).
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
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.
|
|