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 MIDDAY BREAKOUTS REPORT - FRIDAY, AUGUST 24TH, 2018
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DOW 25819.51 162.53 (0.63%) | NASDAQ 7945.28 66.82 (0.85%) | S&P 500 2873.53 16.55 (0.58%)
Time of Screening : 8/24/2018 12:02:02 PM         Report Released : 8/24/2018 1:16:14 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
Max Buy
ANET - NYSE
Arista Networks, Inc
$308.27 +25.66
9.08%
$313.37 2,464,907
341.87% of 50 DAV
50 DAV is 721,000
$311.67
-1.09%
8/24/2018 $308.26 PP = $311.77
MB = $327.36
Most Recent Note - 8/24/2018 12:23:55 PM
Y - Color code is changed to yellow with new pivot point cited based on its 2/15/18 high plus 10 cents. Gapped up today, rallying abruptly to reach a new all-time high. A strong close above the pivot point would be reassuring, but a finish in the lower half of the intra-day range would be indicative of distributional pressure. Found support above its 200 DMA line during the choppy consolidation since dropped from the Featured Stocks list on 2/21/18. Fundamentals remain strong after it reported earnings +44% on +28% sales revenues for the Jun '18 quarter.
>>> The latest Featured Stock Update with an annotated graph appeared on 1/31/2018. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
NOW - NYSE
Servicenow Inc
$193.83 +8.98
4.86%
$194.75 1,401,660
84.23% of 50 DAV
50 DAV is 1,664,000
$194.81
-0.50%
8/24/2018 $193.83 PP = $194.91
MB = $204.66
Most Recent Note - 8/24/2018 12:58:24 PM
Y - Challenging its 52-week high with today's 5th consecutive gain. Found prompt support near its 50 DMA line again recently. Color code is changed to yellow with new pivot point cited based on its 7/12/18 high plus 10 cents. The recent low ($174) defines the next important near-term support. Fundamentals remain strong. Subsequent gains above the pivot point backed by +40% above average volume may trigger a new (or add-on) technical buy signal.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/17/2018. 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
ALOT - NASDAQ - Elec-Misc Products
Astronova Inc
$21.20 +0.20
0.95%
$21.95 $21.50 -1.40% 15,827
105.51%
15,000
Most Recent Note for ALOT - 8/24/2018 12:04:15 PM
Powering higher with today's 3rd consecutive big volume-driven gain. Rebounded above its 50 DMA line and challenged multi-year highs with a gap up on 8/22/18. Reported earnings +55% on +23% sales revenues for the July '18 quarter versus the year ago period, its 4th consecutive quarter above the +25% minimum earnings guideline (C criteria). Prior mid-day reports noted - "Annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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BGSF - AMEX - Comml Svcs-Staffing
B G Staffing Inc
$27.71 -0.86
-2.99%
$28.50 $29.59 -6.37% 94,868
93.01%
102,000
Most Recent Note for BGSF - 8/24/2018 12:25:04 PM
Pulling back from its 52-week high after getting very extended from any sound base. Completed a new Public Offering on 5/25/18. Reported earnings +116% on +3% sales revenues for the Jun '18 quarter, its 2nd strong quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria) and its annual earnings (A criteria) growth has not been strong and steady. Completed a new Public Offering on 5/27/16.
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CAMT - NASDAQ - ELECTRONICS - Scientific & Technical Instrum
Camtek Ltd
$10.56 +0.22
2.08%
$10.66 $11.11 -5.00% 142,662
80.15%
178,000
Most Recent Note for CAMT - 8/24/2018 12:31:21 PM
Perched at its 52-week high after a streak of big gains marked by above average volume. This Israeli Electronics firm showed great earnings increases in the 6 latest quarterly comparisons through Jun '18 versus year ago periods. Prior history was erratic and not a match with the fact-based investment system's fundamental guidelines.
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CTRL - NASDAQ - Computer Sftwr-Edu/Media
Control4 Corporation
$36.01 -0.66
-1.79%
$37.30 $37.25 -3.34% 311,738
84.03%
371,000
Most Recent Note for CTRL - 8/24/2018 12:39:43 PM
Rallied to a new all-time high with a streak of 6 consecutive gains marked by above average volume. Noted in prior mid-day reports after a deep consolidation below its 200 DMA line - "Reported earnings +39% on +13% sales revenues for the Jun '18 quarter. Recent quarterly comparisons have shown strong increases, however fundamental concerns remain. A downturn in FY '15 earnings hurt its annual earnings (A criteria) history, making it not a great match with the fact-based investment system."

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FSS - NYSE - AUTOMOTIVE - Trucks & Other Vehicles
Federal Signal Corp
$26.09 +0.05
0.17%
$26.16 $28.32 -7.89% 202,348
77.53%
261,000
Most Recent Note for FSS - 8/24/2018 12:43:49 PM
Fundamental concerns remain. Annual earnings (A criteria) history has been up and down. Consolidating after a big gap up hitting a new 52-week high with a big volume-driven gain on 8/07/18. Reported earnings +96% on +30% sales revenues growth for the Jun '18 quarter, its 5th strong quarterly comparison.
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GLOB - NYSE - Computer-Tech Services
Globant SA
$58.44 -0.61
-1.02%
$58.60 $59.97 -2.56% 775,685
196.87%
394,000
Most Recent Note for GLOB - 8/24/2018 12:48:35 PM
Reported Jun '18 quarterly earnings +54% on +28% sales revenues, its 3rd strong quarterly comparison versus the year ago period above the +25% minimum earnings guideline (C criteria). Perched at its all-time high after gapping down and undercutting the prior low and 50 DMA line earlier today. This Luxembourg-based Computer - Tech Services firm showed mostly bullish action since it completed a Secondary Offering on 6/21/18.
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HOFT - NASDAQ - CONSUMER DURABLES - Home Furnishings & Fixtures
Hooker Furniture Corp
$47.65 +0.35
0.74%
$47.65 $52.75 -9.67% 57,947
118.26%
49,000
Most Recent Note for HOFT - 8/24/2018 12:49:56 PM
Rebounded within striking distance of its all-time high after a deep consolidation below its 200 DMA line. Reported earnings +49% on +9% sales revenues for the Apr '18 quarter. The 2 prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth history also included a downturn in FY '14.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
INTU - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Intuit Inc
$214.03 +1.58
0.74%
$217.30 $219.46 -2.48% 1,143,444
86.62%
1,320,000
Most Recent Note for INTU - 8/24/2018 12:53:28 PM
Challenging its all-time high with today's 4th consecutive volume-driven gain. Reported earnings +60% on +17% sales revenues for the quarter ended July 31, 2018 versus the year ago period. Prior comparisons were near or well above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history included a downturn in FY '15.
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KMG - NYSE - ENERGY - Independent Oil & Gas
K M G Chemicals Inc
$77.15 +0.05
0.06%
$77.34 $79.35 -2.77% 175,191
82.25%
213,000
Most Recent Note for KMG - 8/24/2018 12:53:36 PM
Gapped up on M&A news 8/15/18 and it has been hovering near its all-time high. Completed a new Public Offering on 10/20/17. Reported Apr '18 quarterly earnings +108% on +45% sales revenues, marking the 6th consecutive quarter with an earnings increase meeting the fact-based investment system's +25% minimum guideline (C criteria). Prior downturn in FY '13 and '14 earnings is a flaw concerning the A criteria.
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MEDP - NASDAQ - Medical-Research Eqp/Svc
Medpace Holdings Inc
$55.20 +0.15
0.27%
$55.84 $63.97 -13.71% 391,067
77.44%
505,000
Most Recent Note for MEDP - 8/24/2018 12:53:59 PM
Completed Secondary Offerings on 6/12/18, 5/04/18, and 12/01/17. Consolidating since its gapped up on 7/31/18 hitting a new all-time high. Reported earnings +61% on +60% sales revenues for the Jun '18 quarter, its 2nd strong comparison. Prior earnings comparisons have not been strong and steady above the +25% minimum earnings guideline (C criteria).
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OMCL - NASDAQ - COMPUTER HARDWARE - Computer Based Systems
Omnicell Inc
$68.25 +0.70
1.04%
$68.80 $68.20 0.07% 283,806
77.33%
367,000
Most Recent Note for OMCL - 8/24/2018 1:00:03 PM
Hitting new 52-week and all-time highs with today's 4th consecutive gain. Stubbornly held its ground and made gradual progress since last noted in the 7/27/18 mid-day report - "Reported earnings +39% on +4% sales revenues for the Jun '18 quarter. Prior quarterly and annual earnings history (C and A criteria) and its sales revenues growth has not been strong and steady enough to satisfy the fundamental guidelines of the fact-based investment system. It was dropped from the Featured Stocks list on 11/10/07."
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PLAB - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate
Photronics Inc
$10.90 +0.60
5.83%
$10.95 $10.60 2.83% 416,657
90.77%
459,000
Most Recent Note for PLAB - 8/24/2018 1:03:41 PM
Hitting a new 52-week high with today's 4th consecutive big volume-driven gain. Overhead supply up to the $13 level remains to act as resistance. Recent quarters through Jul '18 showed improving sales and great earnings increases well above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been erratic and below guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ROST - NASDAQ - RETAIL - Apparel Stores
Ross Stores Inc
$95.27 +0.24
0.25%
$97.85 $95.57 -0.31% 4,343,701
179.64%
2,418,000
Most Recent Note for ROST - 8/24/2018 1:05:22 PM
Churning heavy volume at its all-time high today following 6 consecutive gains marked by above average volume, extended from any sound base. This Retail - Apparel/Shoes/Accessories firm reported earnings +27% on +9% sales revenues for the quarter ended July 30, 2018 versus the year ago period, marking its 3rd strong quarter Prior quarterly earnings comparisons were not strong and steady above the investment system's +25% minimum guidelines (C criteria). It has maintained a steady annual earnings history (A criteria). Shares split 2:1 effective 6/12/15.
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SCVL - NASDAQ - RETAIL - Apparel Stores
Shoe Carnival Inc
$34.20 -1.17
-3.31%
$35.35 $36.33 -5.86% 157,439
79.92%
197,000
Most Recent Note for SCVL - 8/24/2018 1:06:27 PM
Pulling back today after touching a new all-time high on the prior session capping a streak of 6 consecutive gains with ever increasing volume. Prior mid-day reports noted - "Reported earnings +73% on +2% sales revenues for the Apr '18 quarter. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria) and sub par sales revenues growth is a concern. Up and down annual earnings (A criteria) history."

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SODA - NASDAQ - CONSUMER DURABLES - Appliances
Sodastream Intl Ltd
$142.38 +0.13
0.09%
$142.44 $143.20 -0.57% 508,677
84.08%
605,000
Most Recent Note for SODA - 8/24/2018 1:06:38 PM
This Israeli maker of home beverage carbonation systems gapped up on 8/20/18 M&A news with Pepsico Inc (PEP), capping an impressive streak of gains marked by heavy volume. Reported earnings +78% on +31% sales revenues for the Jun '18 quarter, and 3 of the past 4 quarterly comparisons were above the +25% minimum guideline (C criteria). Up and down annual earnings history (A criteria) was noted as not a great match with the fact-based investment system's fundamental guidelines.
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UBNT - NASDAQ - TELECOMMUNICATIONS - Diversified Communication Serv
Ubiquiti Networks Inc
$84.71 +1.71
2.05%
$86.86 $89.99 -5.87% 331,295
89.78%
369,000
Most Recent Note for UBNT - 8/24/2018 1:10:50 PM
Meeting resistance at its 50 DMA line ($84.89) when trying to rebound. Since a noted "negative reversal" on 6/20/18 at its 52-week high it went through a choppy consolidation. Reported earnings +35% on +18% sales revenues for the Jun '18 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria), and fundamental concerns remain. It was dropped from the Featured Stocks list on 5/04/12.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
VEEV - NYSE - Computer Sftwr-Medical
Veeva Systems Inc Cl A
$99.80 +10.28
11.48%
$100.00 $90.73 10.00% 1,850,375
201.35%
919,000
Most Recent Note for VEEV - 8/24/2018 1:13:23 PM
Hitting a new 52-week high with today's big gain extending its impressive winning streak to a 7th consecutive gain. Reported earnings +63% on +25% sales revenues for the Jul '18 quarter, its 2nd strong quarter. Prior quarterly earnings were not strong and steady above the +25% minimum guideline (C criteria). Progress has been choppy since dropped from the Featured Stocks list on 9/21/17.
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VMW - NYSE - COMPUTER SOFTWARE & SERVICES - Technical & System Software
Vmware Inc Cl A
$151.53 -3.24
-2.09%
$152.63 $165.00 -8.16% 1,660,728
110.49%
1,503,000
Most Recent Note for VMW - 8/24/2018 1:15:02 PM
Gapped down today undercutting and testing its 50 DMA line ($151.66). Reported earnings +14% on +13% sales for the Jul '18 quarter, and prior quarters were below the +25% minimum guideline (C criteria). It was dropped from the Featured Stocks list on 5/14/12.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WSM - NYSE - RETAIL - Home Furnishing Stores
Williams Sonoma Inc
$72.05 -0.89
-1.22%
$73.99 $73.22 -1.60% 2,375,708
125.57%
1,892,000
Most Recent Note for WSM - 8/24/2018 1:16:08 PM
Gapped up hitting a new 52-week high with a big volume-driven gain on the prior session as the mid-day report noted - "Earnings and sales revenues increases are not a match with the fact-based investment system's guidelines."
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