Mid-Day Breakouts Report - Thursday, August 27th, 2020

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MIDDAY BREAKOUTS REPORT - THURSDAY, AUGUST 27TH, 2020
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DOW 28547.16 215.24 (0.76%) | NASDAQ 11696.56 31.5 (0.27%) | S&P 500 3492.98 14.25 (0.41%)

Time of Screening : 8/27/2020 11:45:29 AM Report Released : 8/27/2020 12:34:40 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
NFLX - NASDAQ Netflix Inc	$533.73	-13.80 -2.52%	$541.00	5,023,986 65.45% of 50 DAV 50 DAV is 7,676,000	$575.37 -7.24%	5/14/2020	$441.95	PP = $449.62 MB = $472.10
Most Recent Note - 8/27/2020 12:14:14 PM G - Pulling back today after posting a big volume-driven gain on the prior session backed by +165% above average volume. Found support near its 50 DMA line ($490) on consolidations during its ongoing ascent. Noted with caution in the 8/26/20 mid-day report - "It did not form a sound base and some resistance remains due to overhead supply up to the $575 level. Fundamentals remain strong." >>> The latest Featured Stock Update with an annotated graph appeared on 8/18/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ADBE - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Adobe Systems Inc	$512.68	-15.81 -2.99%	$523.32	$533.70	-3.94%	1,665,924 63.54%	2,622,000
Most Recent Note for ADBE - 8/27/2020 11:46:34 AM Pulling back today after powering to a new all-time high on the prior session with its 3rd consecutive gain with ever-increasing volume, getting extended from a recent flat base formed above its 50 DMA line ($446). Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. This well-known Computer Software - Desktop firm reported May '20 quarterly earnings +34% on +14% sales revenues, its 3rd consecutive quarterly earnings increase above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been strong and steady.
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BL - NASDAQ - Computer Sftwr-Enterprse Blackline Inc	$85.23	+6.63 8.44%	$85.23	$94.06	-9.39%	1,458,375 298.85%	488,000
Most Recent Note for BL - 8/27/2020 11:50:13 AM Rebounding above its 50 DMA line ($83) toward its all-time high with today's big volume-driven gain. Reported Jun '20 quarterly earnings +100% on +20% sales revenues versus the year ago period. Quarterly earnings comparisons have been above the +25% minimum guideline (C criteria). After years of losses it produced profitable results in FY '17, '18, and '19. Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead.
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BLDR - NASDAQ - Bldg-Constr Prds/Misc Builders Firstsource Inc	$29.71	+1.80 6.45%	$30.77	$31.98	-7.10%	4,858,876 277.81%	1,749,000
Most Recent Note for BLDR - 8/27/2020 11:51:50 AM Gapped up today rebounding toward its all-time high after a brief consolidation, finding support near the prior high ($28.43 on 2/20/20). Noted with caution in prior mid-day reports - "Sales revenues and earnings growth is not a match with the fact-based investment system's fundamental guidelines."
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CRM - NYSE - INTERNET - Internet Software & Services Salesforce.com Inc	$268.82	-3.50 -1.29%	$270.00	$277.97	-3.29%	10,571,767 155.67%	6,791,000
Most Recent Note for CRM - 8/27/2020 11:52:57 AM Powered into new all-time high territory with a big "breakaway gap" and considerable volume-driven gain on the prior session. Bullish action came after it reported Jul '20 quarterly earnings +118% on +29% sales revenues versus the year ago period. After August 31st it is due to become a component of the Dow Jones Industrial Average. Found support above its 50 DMA line ($198) during its ongoing ascent. Prior mid-day reports noted - "Reported earnings -25% on +30% sales revenues for the Apr '20 quarter versus the year ago period. Quarterly earnings comparisons have not been strong and steady above the +25% minimum guideline (C criteria). After a downturn in FY '14 annual earnings (A criteria) it has shown strong growth. Large supply of 901 million shares outstanding (S criteria) makes it an unlikely sprinter, and is already owned by more than 3,233 top-rated funds (I criteria)."
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DG - NYSE - RETAIL - Discount, Variety Stores Dollar General Corp	$203.74	-0.36 -0.17%	$206.98	$204.66	-0.45%	1,784,997 96.12%	1,857,000
Most Recent Note for DG - 8/27/2020 11:55:06 AM Hit another new all-time high today following a volume-driven gain on the prior session. Reported earnings +79% on +24% sales revenues for the Jul '20 quarter versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth history has been steady.
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DHR - NYSE - Medical-Diversified Danaher Corp	$203.10	-5.09 -2.44%	$206.22	$209.38	-3.00%	1,284,124 60.37%	2,127,000
Most Recent Note for DHR - 8/27/2020 11:56:41 AM Perched near its all-time high. Reported Jun '20 quarterly earnings +32% on +19% sales revenues versus the year ago period. Quarterly earnings increases through Mar '20 were routinely below the +25% minimum guideline (C criteria) and sales revenues growth has been sub par. Annual earnings (A criteria) history has shown slow steady growth.
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DSGX - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Descartes Systems Group	$60.76	+0.70 1.17%	$61.23	$60.34	0.70%	272,335 185.26%	147,000
Most Recent Note for DSGX - 8/27/2020 11:58:01 AM Hitting new all-time highs with above average volume behind today's 4th consecutive gain. Reported Apr '20 quarterly earnings +44% on +7% sales revenues versus the year ago period, its 2nd strong quarter. Fundamental concerns remain, as prior quarterly earnings (C criteria) were not a match with the fact-based investment system. Completed a new Public Offering on 6/05/19.
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EXPI - NASDAQ - Real Estate Dvlpmt/Ops Exp Worldwide Holdings Inc	$40.23	-0.51 -1.25%	$42.79	$42.89	-6.20%	659,427 71.37%	924,000
Most Recent Note for EXPI - 8/27/2020 11:59:20 AM This REIT has been holding its ground stubbornly 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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FB - NASDAQ - INTERNET Facebook Inc Cl A	$297.30	-6.61 -2.17%	$301.23	$304.67	-2.42%	13,586,845 50.55%	26,877,000
Most Recent Note for FB - 8/27/2020 12:00:05 PM Pulling back today after powering to new 52-week and all-time highs with 3 consecutive gains backed by ever-increasing volume. Found prompt support near its 50 DMA line during recent consolidations. Reported earnings +98% on +11% sales revenues for the Jun '20 quarter versus the year-ago period, its 2nd consecutive quarter with a marked improvement after 6 consecutive quarterly comparisons below the +25% minimum earnings guideline (C criteria). Downturn in FY '19 earnings versus the year ago broke its streak of strong annual earnings increases (A criteria). Not a good match with most winning models of the fact-based investment system. Large supply of shares outstanding (S criteria) and it is heavily owned by 4,720 top-rated mutual funds as of Mar '20. Stocks with a small supply and just beginning to attract the serious interest of institutional investors (I criteria) are considered most ideal.
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GOLD - NYSE - METALS & MINING - Gold Barrick Gold Corporation	$28.48	-0.89 -3.04%	$29.90	$31.22	-8.79%	12,207,686 68.26%	17,885,000
Most Recent Note for GOLD - 8/27/2020 12:01:28 PM Holding its ground, consolidating after a big gap up on 8/17/20 for a new 52-week high. Found prompt support near its 50 DMA line during the recent consolidation. Reported Jun '20 earnings +156% on +48% sales revenues versus the year ago period. Prior quarterly comparisons showed greatly accelerating sales revenues and earnings growth above the +25% minimum earnings guideline (C criteria). Up and down annual earnings (A criteria) history is a flaw. It was dropped from the Featured Stocks list on 3/14/12.
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GV - AMEX - MATERIALS & CONSTRUCTION - Heavy Construction Goldfield Corp	$4.61	+0.03 0.66%	$4.75	$4.59	0.44%	116,359 135.30%	86,000
Most Recent Note for GV - 8/27/2020 12:02:21 PM Hit another new 52-week high today after 4 consecutive volume-driven gains. Noted in prior mid-day reports - "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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HI - NYSE - Funeral Svcs & Rel Hillenbrand Inc	$32.45	+0.10 0.31%	$32.81	$34.63	-6.30%	370,487 83.26%	445,000
Most Recent Note for HI - 8/27/2020 12:03:26 PM The 8/06/20 mid-day report last noted - "Reported strong Jun '20 quarterly results. Prior 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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ICLK - NASDAQ - Internet-Content Iclick Interactive Asia	$9.79	-0.12 -1.21%	$10.11	$10.22	-4.21%	849,992 74.50%	1,141,000
Most Recent Note for ICLK - 8/27/2020 12:04:27 PM Perched at its 52-week high and extended from any sound base. This China-based Internet Advertising Services firm's fundamentals are not a match with the fact-based investment system's guidelines.
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INTU - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Intuit Inc	$347.32	+4.98 1.45%	$349.51	$360.00	-3.52%	718,487 60.38%	1,190,000
Most Recent Note for INTU - 8/27/2020 12:06:49 PM Perched at its all-time high with today's 9th consecutive gain backed by ever-increasing volume. Reported strong Jul '20 quarterly results. Earnings fell -19% on -8% sales revenues for the quarter ended April 30, 2020 versus the year ago period. Prior quarterly comparisons have not been strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history included a downturn in FY '15.
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ISRG - NASDAQ - HEALTH SERVICES - Medical Appliances & Equipment Intuitive Surgical Inc	$708.52	+8.53 1.22%	$709.00	$704.00	0.64%	318,159 54.95%	579,000
Most Recent Note for ISRG - 8/27/2020 12:10:01 PM Hitting another new all-time high with today's 6th consecutive gain. Reported Jun '20 earnings -56% on -22% sales revenues versus the year-ago period, a clearly negative comparison, marking its 8th consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong with respect to the fact-based investment system's guidelines (A criteria), however, consensus estimates are calling for -31% lower earnings for FY '20. Effective 10/06/17 its shares split 3-for-1.
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MSFT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software Microsoft Corp	$229.78	+8.63 3.90%	$231.15	$222.09	3.46%	29,563,124 87.59%	33,750,000
Most Recent Note for MSFT - 8/27/2020 12:11:39 PM Powering to new 52-week and all-time highs with above average volume behind today's 4th consecutive gain. Found support above its 50 DMA line ($208) during its recent consolidations. Reported earnings +7% on +13% sales revenues for the Jun '20 quarter. Prior quarterly and annual earnings (C and A criteria) and sales growth history is not a match with the fact-based investment system's fundamental guidelines.
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NICE - NASDAQ - Computer Sftwr-Security Nice Ltd Adr	$235.72	-0.30 -0.13%	$238.35	$237.11	-0.59%	157,082 60.42%	260,000
Most Recent Note for NICE - 8/27/2020 12:15:10 PM This Israel-based Computer Software - Security firm hit a new all-time high with a volume-driven gain on the prior session. The 8/25/20 mid-day report cautioned members - "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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PANW - NYSE - Computer Sftwr-Security Palo Alto Networks	$255.24	-8.20 -3.11%	$263.00	$275.03	-7.20%	747,946 62.80%	1,191,000
Most Recent Note for PANW - 8/27/2020 12:17:03 PM Pulling back after wedging to a new all-time high, enduring distributional pressure this week. Reported Jul '20 earnings +1% on +18% sales revenues versus the year ago period. The 3 prior quarterly comparisons were lower that the year-ago periods and well below the +25% minimum earnings guideline (C criteria). Went through a deep and choppy consolidation and rebounded impressively since dropped from the Featured Stocks list on 5/13/19.
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PKI - NYSE - Medical-Research Eqp/Svc Perkinelmer Inc	$114.09	-5.35 -4.48%	$115.49	$123.21	-7.40%	735,963 79.05%	931,000
Most Recent Note for PKI - 8/27/2020 12:23:30 PM Gapped down today, retreating from its all-time high. Rebounded impressively after a deep pullback, but stalled after last noted with caution in the 7/29/20 mid-day report. Reported earnings +57% on +12% sales revenues for the Jun '20 quarter versus the year ago period. Fundamental concerns remain. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been gradually improving after a downturn in FY '15."
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QGEN - NASDAQ - DRUGS - Biotechnology Qiagen Nv	$50.44	-1.61 -3.09%	$50.88	$52.86	-4.58%	1,432,183 87.43%	1,638,000
Most Recent Note for QGEN - 8/27/2020 12:25:13 PM Gapped down today retreating from its 52-week high. Reported earnings +67% on +16% sales revenues for the Jun '20 quarter versus the year-ago period. Has a new CEO as of 3/24/20. Announced M&A news on 3/03/20. Prior mid-day reports noted - "Quarterly sales revenues and earnings growth history is not a match with the fact-based investment system's guidelines."
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SBSW - NYSE - Mining-Gold/Silver/Gems Sibanye Stillwater Adr	$11.77	-0.08 -0.63%	$12.36	$13.27	-11.34%	1,241,114 50.25%	2,470,000
Most Recent Note for SBSW - 8/27/2020 12:28:00 PM Consolidating after recently challenging its 52-week high. Reported greatly improved sales revenues and earnings in the Mar and Jun '20 quarters versus the year ago periods. Fundamental concerns remain for this South Africa based gold mining firm.
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TMO - NYSE - CONGLOMERATES - Conglomerates Thermo Fisher Scientific	$417.46	-8.20 -1.93%	$417.65	$432.38	-3.45%	1,076,651 85.18%	1,264,000
Most Recent Note for TMO - 8/27/2020 12:29:27 PM Recovering after a gap down today, remaining perched near its all-time high. It is extended from any sound base. Fundamental concerns remain. Reported earnings +28% on +10% sales revenues for the Jun '20 quarter. Prior quarterly comparisons had earnings growth below the +25% minimum guideline (C criteria).
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TSLA - NASDAQ - Auto Manufacturers Tesla Motors Inc	$2,243.68	+90.51 4.20%	$2,246.48	$2,166.00	3.59%	7,684,236 53.44%	14,378,000
Most Recent Note for TSLA - 8/27/2020 12:31:50 PM Powering to yet another new all-time high today adding to an impressive spurt of gains. Recently rallied from a 5-week base, but fundamental concerns remain.
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WDAY - NYSE - Computer Sftwr-Enterprse Workday Inc Cl A	$217.47	+3.85 1.80%	$219.29	$214.95	1.17%	1,453,822 91.03%	1,597,000
Most Recent Note for WDAY - 8/27/2020 12:34:33 PM Rallying near its all-time high with today's 3rd consecutive volume-driven gain. Due to report Jul '20 quarterly results. Earnings increases were below the +25% minimum guideline (C criteria) in the Jan and Apr '20 quarters versus the year ago periods.
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