Mid-Day Breakouts Report - Monday, August 24th, 2020

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MIDDAY BREAKOUTS REPORT - MONDAY, AUGUST 24TH, 2020
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DOW 28209.55 279.22 (1.00%) | NASDAQ 11356.53 44.73 (0.40%) | S&P 500 3421.24 24.08 (0.71%)

Time of Screening : 8/24/2020 12:01:39 PM Report Released : 8/24/2020 12:40:05 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 55% 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

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
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers Apple Inc	$505.15	+7.67 1.54%	$515.14	$499.47	1.14%	46,208,275 116.46%	39,677,000
Most Recent Note for AAPL - 8/24/2020 12:03:36 PM Powering to a new all-time high and well over the $2 trillion market cap threshold with today's 5th consecutive gain. Reported earnings +18% on +11% sales for the Jun '20 quarter, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria) of the fact-based system. The number of top-rated funds owning its shares rose from 4,946 in Jun '19 to 5,504 in Jun '20. Companies currently on the Featured Stocks list are ideal candidates fitting the fact-based investment system's guidelines before becoming heavily owned by the institutional crowd.
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AMZN - NASDAQ - INTERNET - Internet Software & Services Amazon.com Inc	$3,308.57	+23.85 0.73%	$3,380.32	$3,344.29	-1.07%	2,723,975 57.21%	4,761,000
Most Recent Note for AMZN - 8/24/2020 12:06:53 PM Hitting a new all-time high today. Very extended from any sound base. Reported earnings +97% on +40% sales revenues for the Jun '20 quarter versus the year-ago period, but the prior 4 consecutive quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Not a match with the fact-based investment system's fundamental guidelines.
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APPS - NASDAQ - Internet-Network Sltns Digital Turbine Inc	$25.22	-2.82 -10.06%	$28.51	$29.56	-14.68%	6,249,564 206.60%	3,025,000
Most Recent Note for APPS - 8/24/2020 12:07:53 PM Abruptly retreating from its all-time high with higher volume behind today's big loss. After an impressive streak of volume-driven gains is is very extended from any sound base. Quarterly comparisons through Jun '20 showed strong earnings increases above the +25% minimum guideline (C criteria) with encouraging acceleration in its sales revenues growth rate in sequential comparisons. After years of shrinking losses it had profitable results for its FY '19 and '20.
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ATEN - NYSE - Computer Sftwr-Enterprse A10 Networks Inc	$8.59	+0.47 5.79%	$8.62	$9.21	-6.73%	1,698,283 234.57%	724,000
Most Recent Note for ATEN - 8/24/2020 12:09:12 PM There was a "negative reversal" after hitting a new 52-week high when last noted with caution in the 8/11/20 mid-day report - "Sales revenues growth has been sub par. 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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BABA - NYSE - INTERNET - Internet Software & Services Alibaba Group Holding Limited	$273.34	+7.54 2.84%	$276.59	$268.00	1.99%	11,647,532 70.86%	16,437,000
Most Recent Note for BABA - 8/24/2020 12:10:21 PM Reported earnings +15% on +30% sales revenues for the Jun '20 quarter, a 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Gapped up today hitting a new all-time high with its 2nd consecutive volume-driven gain. Consolidated in an orderly fashion building a new flat base following big "breakaway gaps" on 7/06/20 and 7/08/20. Found support near its 200 DMA line in recent months. Owned already by 4,129 top-rated funds. The fact-based investment system's guidelines suggest finding stocks when just beginning to attract institutional interest. Completed its $68 IPO on 9/19/14.
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BBY - NYSE - RETAIL - Electronics Stores Best Buy Co Inc	$117.32	+3.32 2.92%	$119.48	$114.45	2.51%	2,106,247 85.20%	2,472,000
Most Recent Note for BBY - 8/24/2020 12:13:13 PM Due to report Jul '20 quarterly results tomorrow. Hitting yet another new its all-time high with today's 2nd consecutive volume-driven gain. Making steady progress and stubbornly holding its ground since a "breakaway gap" when the 7/22/20 mid-day report noted - "Reported earnings -34% on -6% sales revenues for the Apr '20 quarter. Went through a deep consolidation since noted with caution in the 2/27/20 mid-day report - 'Reported earnings +7% on +3% sales revenues for the Jan '20 quarter. Prior earnings comparisons were also below the +25% minimum guideline (C criteria). Prior sales revenues growth history is below the guidelines of the fact-based investment system. Annual earning (A criteria) growth has not been strong and steady, but improved since a drastic downturn in FY '13-14.'"
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BERY - NYSE - CONSUMER NON-DURABLES - Packaging & Containers Berry Plastics Group Inc	$52.50	-0.09 -0.17%	$53.24	$54.98	-4.51%	1,398,121 110.61%	1,264,000
Most Recent Note for BERY - 8/24/2020 12:15:34 PM Encountering distributional pressure while consolidating about $9.00 off its all-time high. The 8/03/20 mid-day report last cautioned members - "Reported Jun '20 quarterly earnings +69% on +50% sales revenues versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria)."
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EXPI - NASDAQ - Real Estate Dvlpmt/Ops Exp Worldwide Holdings Inc	$37.52	-3.01 -7.43%	$40.84	$42.89	-12.52%	1,071,781 124.48%	861,000
Most Recent Note for EXPI - 8/24/2020 12:20:21 PM This REIT is consolidating after hitting new all-time highs with volume-driven gains last week. Very extended from any sound base after an impressive streak of gains. Prior mid-day reports cautioned - "Limited history and sub par fundamentals are a concern."
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction Goldfield Corp	$4.38	+0.35 8.68%	$4.43	$4.50	-2.67%	137,568 169.84%	81,000
Most Recent Note for GV - 8/24/2020 12:21:46 PM Gapped up today challenging its 52-week high with a big volume-driven gain. Last noted in the 8/06/20 mid-day report - "Reported Jun '20 quarterly earnings +233% on +8% sales revenues versus the year ago period. Erratic quarterly comparisons and 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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JD - NASDAQ - Retail-Internet JD.com Inc Cl A Ads	$75.75	+0.77 1.03%	$77.30	$75.72	0.04%	7,707,375 58.31%	13,218,000
Most Recent Note for JD - 8/24/2020 12:22:17 PM Hitting another new all-time high with today's 6th consecutive volume-driven gain. Bullish action has continued after completing a new Public Offering on 6/11/20. Found prompt support at its 50 DMA line. Reported Jun '20 quarterly earnings +52% on +30% sales revenues versus the year ago period. This Chinese retailer's prior quarterly earnings increases were not strong and steady above 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.
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LHCG - NASDAQ - HEALTH SERVICES - Home Health Care L H C Group Inc	$207.77	-0.45 -0.22%	$211.22	$214.97	-3.35%	184,719 73.01%	253,000
Most Recent Note for LHCG - 8/24/2020 12:24:38 PM Reported earnings +15% on -6% sales revenues for the Jun '20 quarter. Lackluster sales revenues growth and sub par earnings were concerns in prior quarterly comparisons. Perched near its all-time high. It made choppy progress since dropped from the Featured Stocks list on 10/01/19.
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LL - NYSE - RETAIL - Home Improvement Stores Lumber Liquidators Hldgs	$29.13	+1.61 5.85%	$29.28	$27.70	5.16%	782,891 71.37%	1,097,000
Most Recent Note for LL - 8/24/2020 12:25:44 PM Powering to yet another new 52-week high with today's gain. Prior mid-day reports noted - "Reported Jun '20 quarterly earnings +233% on -20% sales revenues versus the year ago period. Annual earnings (A criteria) growth has not been strong and steady."
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LWAY - NASDAQ - FOOD & BEVERAGE - Dairy Products Lifeway Foods Inc	$5.69	-0.13 -2.30%	$6.09	$6.19	-8.14%	117,522 115.22%	102,000
Most Recent Note for LWAY - 8/24/2020 12:27:36 PM Abruptly retreating today after spiking well above its 2019 high ($4.75) with an impressive streak of 7 gains marked by volume in the prior 8 sessions. Repeatedly noted in prior mid-day reports with caution - "Fundamental concerns remain. Recent quarterly comparisons through Jun '20 show lackluster sales revenues growth while reporting earnings versus losses for the year ago periods. Its sub par fundamentals make it a questionable candidate with respect to the system's guidelines."
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MGIC - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Magic Software Enter Ltd	$15.39	-0.29 -1.85%	$15.68	$16.87	-8.77%	41,778 60.55%	69,000
Most Recent Note for MGIC - 8/24/2020 12:29:13 PM Today's 3rd consecutive loss has it pulling back from its 52-week high hit last week following a noted streak of 7 consecutive volume-driven gains. Prior highs and its 50 DMA line define near term support to watch in the $12 area. Managed an impressive rebound from the March low ($6.31). Reported Jun '20 quarterly earnings +21% on +12% sales revenues versus the year ago period. 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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NICE - NASDAQ - Computer Sftwr-Security Nice Ltd Adr	$219.67	-5.70 -2.53%	$224.13	$228.54	-3.88%	190,887 79.21%	241,000
Most Recent Note for NICE - 8/24/2020 12:30:31 PM This Israel-based Computer Software - Security firm is consolidating near its all-time high. Fundamental concerns remain. Reported Jun '20 quarterly earnings +10% on +3% sales revenues versus the year ago period. Prior quarterly earnings history is not a good match with the C criteria.
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NOMD - NYSE - Food-Packaged Nomad Foods Ltd	$24.83	-0.04 -0.16%	$25.00	$25.13	-1.19%	543,680 60.14%	904,000
Most Recent Note for NOMD - 8/24/2020 12:32:42 PM In recent weeks it has stubbornly held its ground after rallying above the $22-23 area which previously acted as stubborn resistance. Reported Jun '20 quarterly earnings +23% on +10% sales revenues versus the year ago period. Prior earnings and sales revenues growth history was not strong and steady.
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NVDA - NASDAQ - ELECTRONICS - Semiconductor - Specialized Nvidia Corp	$505.73	-1.61 -0.32%	$516.50	$512.35	-1.29%	7,073,181 67.67%	10,453,000
Most Recent Note for NVDA - 8/24/2020 12:35:22 PM Powered to new all-time highs with volume-driven gains last week. Stubbornly holding its ground during its ongoing ascent, and it is very extended from any sound base. Action has been bullish since it completed the Mellanox Technologies (MLNX) acquisition on 4/27/20. Reported Jul '20 quarterly earnings +76% on +50% sales revenues versus the year ago period, marking its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria) with strong underlying sales revenues increases. The 4 prior quarterly comparisons had lower sales revenues and lower earnings (negative comparisons) versus the year ago periods. Downturn in FY '20 annual earnings (A criteria) history is a flaw with regard to the fact-based investment system's guidelines.
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STRM - NASDAQ - Computer Sftwr-Medical Streamline Health Sltns	$1.49	+0.00 0.00%	$1.51	$1.65	-9.70%	41,323 55.10%	75,000
Most Recent Note for STRM - 8/24/2020 12:35:47 PM Erratic sales revenues and earnings growth history leaves fundamental concerns.
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SYNA - NASDAQ - COMPUTER SOFTWARE & SERVICES - Information Technology Service Synaptics Inc	$87.28	+5.27 6.43%	$89.40	$92.32	-5.46%	362,938 66.96%	542,000
Most Recent Note for SYNA - 8/24/2020 12:38:06 PM Gapped up today rebounding toward its 52-week high after quietly undercutting its February high during the recent consolidation.Last noted in the 8/06/20 mid-day report - "Reported earnings +226% on -6% sales revenues for the Jun '20 quarter, and fundamental concerns remain due to waning sales revenues. Its annual earnings (A criteria) history has also been sub par. Found support near its 200 DMA line in recent months. Its small supply of 34 million shares (the S criteria) outstanding could contribute to especially great volatility in the event of institutional accumulation or distribution. The number of top-rated funds owning its shares rose from 375 in Sep '19 to 540 in Jun '20, a reassuring sign concerning the I criteria. It was dropped from the Featured Stocks list on 7/31/09."
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TSLA - NASDAQ - Auto Manufacturers Tesla Motors Inc	$2,003.21	-46.77 -2.28%	$2,129.00	$2,095.49	-4.40%	11,809,554 81.96%	14,409,000
Most Recent Note for TSLA - 8/24/2020 12:39:59 PM Fundamental concerns remain. Perched at its all-time high today following an impressive spurt of 7 gains marked by volume in the prior 8 sessions, rallying from a 5-week base.
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