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 MIDDAY BREAKOUTS REPORT - FRIDAY, AUGUST 23RD, 2013
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DOW 14972.27 8.53 (0.06%) | NASDAQ 3649.37 10.66 (0.29%) | S&P 500 1659.36 2.4 (0.14%)
Time of Screening : 8/23/2013 12:11:48 PM         Report Released : 8/23/2013 12:42:30 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
Max Buy
SFUN - NYSE
Soufun Hldgs Ltd Ads A
$38.57 -1.14
-2.87%
$39.80 330,106
66.22% of 50 DAV
50 DAV is 498,500
$0.00

7/16/2013 $29.54 PP = $27.90
MB = $29.30
Most Recent Note - 8/23/2013 12:36:54 PM
G - Pulling back from its 52-week high after getting very extended from its latest base. Prior reports cautioned - "Disciplined investors avoid chasing stocks too extended from sound bases."
>>> The latest Featured Stock Update with an annotated graph appeared on 8/8/2013. Click here.
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Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
AFOP - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Alliance Fiber Optic
$36.61 +2.73
8.06%
$37.23 $0.00 0.00% 536,298
149.64%
358,400
Most Recent Note for AFOP - 8/23/2013 12:18:03 PM
Hitting a new 52-week high with today's volume-driven gain. Recently found support while consolidating above its 50 DMA line and prior lows in the $28 area. This Sunnyvale, CA based Telecom - Fiber Optics firm showed strong increases in sales and earnings above the +25% minimum guideline (C criteria) through the Jun '13 period. Prior mid-day reports cautioned - "Up and down annual earnings (A criteria) history is a fundamental concern, not meeting the fact-based investment system's guidelines."
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BMA - NYSE - BANKING - Foreign Regional Banks
Banco Macro Sa Ads
$21.15 +0.53
2.57%
$21.73 $0.00 0.00% 152,407
230.22%
66,200
Most Recent Note for BMA - 8/23/2013 12:20:09 PM
Argentina-based bank is hitting another new 52-week high today with its 3rd consecutive volume-driven gain. It has a good annual earnings (A criteria) history, but quarterly earnings comparisons have been below the +25% minimum guideline (C criteria) and sales revenues growth has shown sequential deceleration through Jun '13. It went through a deep consolidation since noted in the 9/24/10 mid-day report with caution.
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CW - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
Curtiss-Wright Corp
$42.36 +0.01
0.02%
$42.52 $0.00 0.00% 127,621
82.02%
155,600
Most Recent Note for CW - 8/23/2013 12:21:39 PM
Consolidating above its 50 DMA line. Fundamentals are not a match with winning models of the fact-based system. It survived but failed to impress since long ago noted in the 10/26/07 mid-day report - "Its earnings and sales growth history are below guidelines. Recently rallied above its prior 2007 high in the $49 area."
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FB - NASDAQ - INTERNET
Facebook Inc Cl A
$40.03 +1.48
3.84%
$40.14 $0.00 0.00% 45,513,010
80.40%
56,607,000
Most Recent Note for FB - 8/23/2013 12:23:35 PM
Held its ground stubbornly since its considerable "breakaway gap" on 7/25/13. Rallying above its recent high with today's gain backed by above average volume. Reported earnings +58% on +53% sales revenues for the Jun '13 quarter versus the year ago period. Repeatedly noted in prior mid-day reports with caution - "It has earned high ranks, however prior quarterly earnings increases were persistently below the +25% minimum guideline (C criteria)."
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HEI - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services
Heico Corp
$60.20 +0.31
0.52%
$60.22 $0.00 0.00% 121,620
94.35%
128,900
Most Recent Note for HEI - 8/23/2013 12:25:13 PM
Perched at its 52-week high after making gradual progress since last noted in the 6/21/13 mid-day report with caution -"Fundamental concerns remain with respect to the C and A criteria today. Weak technical action prompted it to be dropped from the Featured Stocks list on 1/17/08."
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MEAS - NASDAQ - MANUFACTURING - Industrial Electrical Equipmen
Measurement Specialties
$48.44 +0.25
0.52%
$48.50 $0.00 0.00% 59,967
156.16%
38,400
Most Recent Note for MEAS - 8/23/2013 12:27:19 PM
Trading near its 50 DMA line. It undercut that important short-term average then rebounded since last noted with caution in the 8/13/13 mid-day report - "Reported earnings +4% on +13% sales revenues for the Jun '13 quarter, continuing its streak of sub par earnings comparisons. Its annual earnings (A criteria) history is below guidelines of the fact-based system. Fundamentals deteriorated after it was dropped from the Featured Stocks list on 12/14/2007. It subsequently fell from $23.15 to as low as $2.30. Its impressive rebound makes it an interesting turnaround story."
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MNRK - NASDAQ - BANKING - Regional - Mid-Atlantic Banks
Monarch Financial Hldgs
$12.07 +0.17
1.43%
$12.26 $0.00 0.00% 28,488
139.65%
20,400
Most Recent Note for MNRK - 8/23/2013 12:29:34 PM
Reported earnings +7% on +2% sales revenues for the Jun '13 quarter, below the +25% minimum guideline (C criteria). Annual earnings growth has improved after a downturn in FY '07 and '08, but estimates call for earnings -9% for its FY '13. Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied. There are only 9.36 million shares outstanding in this thinly traded firm hailing from the Banks - Southeast group. Owned by 22 top-rated funds as of Jun '13, up from 8 in Sep '12.
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MTZ - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction
Mastec Inc
$33.52 -0.11
-0.33%
$33.81 $0.00 0.00% 439,598
68.01%
646,400
Most Recent Note for MTZ - 8/23/2013 12:31:00 PM
Found support near its 50 DMA line after enduring distributional pressure while retreating from its 52-week high. The 8/16/13 mid-day report cautioned - "Reported earnings +21% on -1% sales for the Jun '13 quarter, below the +25% minimum earnings guideline (C criteria). Downturns in its FY '09 and '11 earnings were previously noted as flaws in its annual earnings (A criteria) history raising fundamental concerns with respect to the guidelines of the fact-based investment system."

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NOAH - NYSE - FINANCIAL SERVICES - Asset Management
Noah Holdings Ltd Ads
$16.69 +0.25
1.52%
$17.00 $0.00 0.00% 321,300
96.08%
334,400
Most Recent Note for NOAH - 8/23/2013 12:33:33 PM
Holding its ground today after retreating from its 52-week high with a considerable volume-driven loss on the prior session. The 8/22/13 mid-day report noted - "Reported earnings +142% on +132% sales revenues for the second quarter of 2013. Strong sales and earnings acceleration helped this Chinese provider of investment products to better match the fact-based investment system's fundamental guidelines. Recently rallied from a deep "V" shaped consolidation, not a sound base, and prior highs in the $14 area may now act as support. Patient investors may watch for a new base or secondary buy point to potentially form and be noted in the weeks ahead. Additionally, the major averages (M criteria) must improve before new buying efforts may be justified."
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NTES - NASDAQ - INTERNET - Internet Information Providers
Netease Inc Adr
$76.00 +1.99
2.69%
$76.37 $0.00 0.00% 451,043
69.59%
648,100
Most Recent Note for NTES - 8/23/2013 12:34:34 PM
Reported earnings +30% on +27% sales revenues for the Jun '13 quarter. Fundamentals are not a match with the fact-based investment system's guidelines (C criteria). Hitting new 52-week and all-time highs today after holding its ground stubbornly following an impressive streak of 7 consecutive volume-driven gains. Rebounded following a deep consolidation below its 200 DMA line since dropped from the Featured Stocks list on 7/17/12.
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UBSH - NASDAQ - BANKING - Regional - Mid-Atlantic Banks
Union First Mkt Bancshrs
$22.34 -0.01
-0.04%
$22.41 $0.00 0.00% 440,790
429.62%
102,600
Most Recent Note for UBSH - 8/23/2013 12:37:32 PM
Held its ground when recently consolidating near its 50 DMA line. 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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WX - NYSE - DRUGS - Drug Manufacturers - Other
Wuxi Pharmatech Inc Ads
$25.25 -0.06
-0.24%
$25.54 $0.00 0.00% 194,738
59.77%
325,800
Most Recent Note for WX - 8/23/2013 12:41:57 PM
Fundamental concerns remain however, technically, no resistance remains due to overhead supply. This Chinese Medical/Dental Services firm hit is perched at its 52-week high following 3 consecutive gains. Earnings history is not a match with the fact-based investment system's guidelines, however the Jun '13 quarterly comparison showed an earnings increase of +39%, above the +25% guideline (C criteria) on +9% sales revenues.
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