Mid-Day Breakouts Report - Thursday, August 24th, 2023

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MIDDAY BREAKOUTS REPORT - THURSDAY, AUGUST 24TH, 2023
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DOW 34260.03 -212.95 (-0.62%) | NASDAQ 13583.87 -137.16 (-1.00%) | S&P 500 4406.96 -29.05 (-0.65%)

Time of Screening : 8/24/2023 1:12:32 PM Report Released : 8/24/2023 1:19:10 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 90% 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
CAMT - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Camtek Ltd	$51.65	-0.89 -1.69%	$52.78	$52.79	-2.16%	339,746 117.97%	288,000
Most Recent Note for CAMT - 8/24/2023 1:14:14 PM Hit new 52-week highs with 4 consecutive volume-driven gains. Fundamental concerns remain after it reported Jun '23 quarterly earnings -2% on -7% sales revenues versus the year ago period. Faces resistance due to overhead supply up to the $48 level after a deep consolidation since dropped from the Featured Stocks list on 1/19/22.
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CLS - NYSE - Elec-Contract Mfg Celestica Inc	$22.14	+0.03 0.14%	$23.19	$23.05	-3.95%	3,027,773 207.52%	1,459,000
Most Recent Note for CLS - 8/24/2023 1:15:08 PM Hit a new 52-week high with today's 4th consecutive volume-driven gain after building a 3-weeks-tight base. Reported earnings +25% on +13% sales revenues for the Jun '23 quarter versus the year ago period, and 6 of the last 7 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong since bottoming in FY '19.
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FN - NYSE - ELECTRONICS - Specialized Electronics Fabrinet	$161.96	-1.03 -0.63%	$163.08	$163.88	-1.17%	430,193 128.42%	335,000
Most Recent Note for FN - 8/24/2023 1:15:39 PM Hit new 52-week highs with 2 volume-driven gains. Quarterly comparisons have not been strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history included a slight downturn in FY '20.
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FRHC - NASDAQ - Finance-Invest Bnk/Bkrs Freedom Holding Corp	$89.96	-1.37 -1.50%	$92.00	$99.50	-9.59%	293,568 116.50%	252,000
Most Recent Note for FRHC - 8/24/2023 1:16:06 PM Powered to new all-time highs with volume-driven gains. Found prompt support after undercutting its 200 DMA line ($80) last week. Due to report Jun '23 quarterly results. Showed very strong results for the Mar '23 quarter versus the year-ago period. Fundamental concerns remain due to its prior quarterly and annual earnings (C and A criteria) history.
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HCCI - NASDAQ - Pollution Control Heritage-Crystal Clean	$45.02	-0.75 -1.64%	$45.06	$47.98	-6.17%	796,751 325.20%	245,000
Most Recent Note for HCCI - 8/24/2023 1:16:16 PM Consolidating since a gap up on 7/20/23 hitting a new all-time high following M&A news. Reported Jun '23 quarterly earnings -63% on +23% sales revenues versus the year-ago period. Two of the 4 latest quarterly earnings comparisons versus the year-ago periods were below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been up and down, not a match with the fact-based investment system's fundamental guidelines.
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LMB - NASDAQ - Bldg-A/C & Heating Prds Limbach Holdings	$36.72	+0.83 2.31%	$37.71	$37.10	-1.02%	231,239 94.00%	246,000
Most Recent Note for LMB - 8/24/2023 1:16:26 PM Hitting yet another new all-time high today after a brief consolidation since a noted gap up on 8/11/23. Very extended from any sound base. Reported strong Mar and Jun '23 quarterly earnings results versus the year-ago periods. Fundamental concerns remain.
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LULU - NASDAQ - MANUFACTURING - Textile Manufacturing Lululemon Athletica	$361.58	-16.13 -4.27%	$379.41	$394.64	-8.38%	1,008,555 90.70%	1,112,000
Most Recent Note for LULU - 8/24/2023 1:17:33 PM Slumping well below its 50 DMA line ($379) with today's 3rd volume-driven loss. Reported Apr '23 quarterly earnings +54% on +24% sales revenues versus the year-ago period. Noted with caution in prior mid-day reports - "Faces resistance due to overhead supply up to the $485 level. Three of the 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '21."
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NATI - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services National Instrument Corp	$59.69	+0.63 1.07%	$59.98	$59.40	0.49%	3,394,893 251.85%	1,348,000
Most Recent Note for NATI - 8/24/2023 1:17:45 PM Following M&A news and big volume-driven gains it is consolidating in a tight range near its all-time high. Reported strong Mar and Jun '23 quarterly results. Prior quarterly comparisons versus the year earlier have not shown strong and steady earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '20.
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NTES - NASDAQ - INTERNET - Internet Information Providers Netease Inc Adr	$98.13	-4.52 -4.40%	$101.35	$110.82	-11.46%	1,064,218 104.03%	1,023,000
Most Recent Note for NTES - 8/24/2023 1:18:18 PM Slumping below its 50 DMA line. Reported Mar '23 quarterly earnings +39% on -2% sales revenues versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings history has been up and down, a flaw concerning the A criteria of the fact-based investment system. It was dropped from the Featured Stocks list on 8/15/17.
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TKC - NYSE - TELECOMMUNICATIONS - Wireless Communications Turkcell Ilet Hizme Adr	$5.36	+0.03 0.47%	$5.52	$5.49	-2.46%	551,435 113.00%	488,000
Most Recent Note for TKC - 8/24/2023 1:19:04 PM Hitting a new 52-week high with today's 4th volume-driven gain. This Turkish telecom firm has a subpar earnings history (C and A criteria).
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