Mid-Day Breakouts Report - Thursday, August 29th, 2019

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MIDDAY BREAKOUTS REPORT - THURSDAY, AUGUST 29TH, 2019
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DOW 26364.58 328.48 (1.26%) | NASDAQ 7970.34 113.46 (1.44%) | S&P 500 2925.98 38.04 (1.32%)

Time of Screening : 8/29/2019 12:04:17 PM Report Released : 8/29/2019 12:34:36 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
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
ULTA - NASDAQ Ulta Salon Cosm & Frag	$336.45	+6.07 1.84%	$342.00	516,905 72.60% of 50 DAV 50 DAV is 712,000	$368.83 -8.78%	3/15/2019	$341.27	PP = $322.59 MB = $338.72
Most Recent Note - 8/29/2019 12:27:03 PM G - Due to report earnings today after the close. Volume and volatility often increase near earnings news. A rebound above its 50 DMA line ($343.55) is needed for its outlook to improve. Recently found support above its 200 DMA line ($320) following volume-driven losses, but more damaging losses would raise serious concerns. Apr '19 quarter was below the +25% minimum earnings guideline (C criteria) and raised fundamental concerns. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 8/28/2019. Click here.
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VEEV - NYSE Veeva Systems Inc Cl A	$166.23	+2.11 1.29%	$167.94	929,765 64.70% of 50 DAV 50 DAV is 1,437,000	$176.90 -6.03%	5/30/2019	$154.32	PP = $145.80 MB = $153.09
Most Recent Note - 8/29/2019 12:29:16 PM G - A convincing rebound and close above the 50 DMA line ($164.79) is needed for its outlook to improve. On track for a 4th consecutive gain marked by volume, however, the 50 DMA line has acted as resistance. Reported earnings +41% on +27% for the Jul '19 quarter continuing its strong earnings track record. >>> The latest Featured Stock Update with an annotated graph appeared on 8/23/2019. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
BURL - NYSE - Retail-Apparel/Shoes/Acc Burlington Stores Inc	$204.26	+30.99 17.89%	$204.80	$184.82	10.52%	3,366,912 407.12%	827,000
Most Recent Note for BURL - 8/29/2019 12:06:53 PM Reported Jul '19 quarterly earnings +18% on +10% sales revenues, its 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Hit a new all-time high with today's big "breakaway gap". Found support at its 200 DMA line in recent weeks. Annual earnings (A criteria) growth has been strong and steady.
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COST - NASDAQ - RETAIL - Discount, Variety Stores Costco Wholesale Corp	$295.98	+2.14 0.73%	$297.73	$299.95	-1.32%	1,245,191 68.27%	1,824,000
Most Recent Note for COST - 8/29/2019 12:09:02 PM Perched at its all-time high following gains with heavy volume. Gapped up from support at its 50 DMA line. Prior mid-day reports noted - "Reported earnings +11% on +7% sales for the May '19 quarter. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum guideline (C criteria)."
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CZZ - NYSE - FOOD & BEVERAGE - Farm Products Cosan Ltd Cl A	$13.47	-0.12 -0.88%	$13.75	$14.99	-10.14%	543,735 65.12%	835,000
Most Recent Note for CZZ - 8/29/2019 12:10:09 PM Reported big earnings on +39% sales revenues for the Jun '19 quarter versus losses for the year ago period. Sputtering below its 50 DMA line since the 7/05/19 mid-day report cautioned members - "This Brazilian firm in the Agricultural Operations industry has an erratic annual earnings (A criteria) history and has shown mostly sub par sales revenues growth. However, recent quarters Dec '18 and Mar '19 showed dramatically increased earnings versus the year ago periods."
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DG - NYSE - RETAIL - Discount, Variety Stores Dollar General Corp	$155.18	+14.15 10.03%	$155.98	$145.06	6.97%	3,546,286 218.37%	1,624,000
Most Recent Note for DG - 8/29/2019 12:11:20 PM Hitting a new all-time high with today's big "breakaway gap" backed by great volume. Reported earnings +14% on +8% sales revenues for the Jul '19 quarter, below the +25% minimum guideline (C criteria). Annual earnings (A criteria) growth history has been steady.
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EDU - NYSE - DIVERSIFIED SERVICES - Education &; Training Services New Orientl Edu&Tech Ads	$111.11	+0.05 0.05%	$112.88	$112.48	-1.22%	700,175 58.45%	1,198,000
Most Recent Note for EDU - 8/29/2019 12:12:03 PM Wedging to a new all-time high with today's 4th consecutive gain. Prior mid-day reports cautioned members - "Reported earnings +9% on +20% sales revenues for the May '19 quarter. Gapped up and hit a new high. Rebounding in recent months after a deep consolidation below its 200 DMA line. This China-based Consumer Services - Education firm had a 'negative reversal' on 1/16/18 after hitting a new all-time high. Fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines. Has a new CEO as of 9/02/16."
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FLY - NYSE - Comml Svcs-Leasing Fly Leasing Ltd	$20.59	+0.59 2.95%	$20.70	$21.24	-3.06%	158,286 89.43%	177,000
Most Recent Note for FLY - 8/29/2019 12:13:27 PM Held its ground stubbornly since gapping up for a new all-time high on 8/22/19 and today it is adding to a streak of gains marked by volume. Reported earnings +113% on +43% sales revenues for the Jun '19 quarter. Recent quarterly comparisons showed very strong earnings increases, but this Ireland-based firm in the aircraft leasing business has a prior history that has been erratic. Annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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GNRC - NYSE - Electrical-Power/Equipmt Generac Hldgs Inc	$77.49	+0.78 1.02%	$78.39	$76.72	1.00%	310,087 58.18%	533,000
Most Recent Note for GNRC - 8/29/2019 12:14:11 PM Perched at its all-time high with today's 4th consecutive gain. Reported earnings +8% on +9% sales revenues for the Jun '19 quarter and prior quarters were below the +25% minimum guideline. (C criteria). Annual earnings (A criteria) history included a downturn in FY '14 -'15, not strong and steady.
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GPN - NYSE - DIVERSIFIED SERVICES - Business/Management Services Global Payments Inc	$166.28	+2.85 1.74%	$166.75	$172.20	-3.44%	958,857 69.08%	1,388,000
Most Recent Note for GPN - 8/29/2019 12:17:20 PM Reported earnings +17% on +12% sales revenues for the Jun '19 quarter, below the +25% minimum earnings guideline (C criteria). Made gradual progress since M&A news with Total System Services (TSS) when last noted with caution in the 6/03/19 mid-day report - "Reported earnings +19% on +11% sales revenues for the Mar '19 quarter. Prior comparisons had 4 quarters with waning sales revenues versus the year ago periods. Fundamental concerns remain. It has a steady annual earnings history (A criteria)."
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HEI - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense Products & Services Heico Corp	$144.60	+0.84 0.58%	$147.65	$147.93	-2.25%	419,496 77.40%	542,000
Most Recent Note for HEI - 8/29/2019 12:18:28 PM Traded in a wide range and touched a new all-time high on the prior session after reporting earnings +34% on +14% sales revenues for the Jul '19 quarter. Its 50 DMA line ($137) and prior low ($130) define near term support levels to watch on pullbacks. Has posted 2 strong quarters, but prior quarterly comparisons versus the year ago periods have not been strong and steady above the +25% minimum earnings guideline (C criteria) of the fact-based investment system.
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IART - NASDAQ - DRUGS - Biotechnology Integra Lifesciences Hld	$60.09	+1.15 1.95%	$60.10	$66.41	-9.52%	292,134 63.65%	459,000
Most Recent Note for IART - 8/29/2019 12:19:09 PM Tested support at its 50 DMA line ($58). Prior mid-day reports noted - "Reported earnings +22% on +5% sales revenues for the Jun '19 quarter. Prior quarters were not strong and steady above the +25% minimum (C criteria) guideline. Completed a new Public Offering on 5/09/18."
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KL - NYSE - Mining-Gold/Silver/Gems Kirkland Lake Gold Ltd	$48.37	-1.54 -3.09%	$50.23	$51.03	-5.21%	1,105,370 71.45%	1,547,000
Most Recent Note for KL - 8/29/2019 12:20:43 PM Hovering near its 52-week high. Recently found support at its 50 DMA line ($44.72) on pullbacks. Prior mid-day reports noted - "Limited history is a concern for this Canada-based Mining - Gold/Silver/Gems firm. Reported strong earnings increases with strong sales revenues growth in the 6 latest quarterly comparisons through Jun '19. Chairman Eric Sprott retired effective 5/07/19."
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SVM - NYSE - METALS & MINING - Silver Silvercorp Metals Inc	$4.30	-0.17 -3.80%	$4.48	$4.66	-7.73%	1,133,295 119.29%	950,000
Most Recent Note for SVM - 8/29/2019 12:21:39 PM Pulling back from its all-time high today after a spurt of volume-driven gains. Held its ground stubbornly in recent weeks. Prior mid-day reports noted - "Fundamental concerns remain."
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TRCB - NASDAQ - Banks-Northeast Two River Bancorp	$19.17	+0.46 2.46%	$19.25	$20.40	-6.03%	27,787 71.25%	39,000
Most Recent Note for TRCB - 8/29/2019 12:22:12 PM Gapped up on 8/09/19 following M&A news. Reported earnings +17% on +11% sales revenues for the Jun '19 quarter. Prior quarterly earnings have not been strong and steady above the +25% minimum guideline (C criteria).
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UEIC - NASDAQ - CONSUMER DURABLES - Electronic Equipment Universal Electronics	$46.10	+0.98 2.17%	$46.47	$48.86	-5.65%	89,003 90.82%	98,000
Most Recent Note for UEIC - 8/29/2019 12:24:10 PM Hovering near its 52-week high since last noted in the 8/09/19 mid-day report - "Reported string Mar and Jun '19 earnings increases versus the year ago periods. Annual earnings history (A criteria) is not a good match with the fact-based investment system's fundamental guidelines."
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UFPT - NASDAQ - CONSUMER NON-DURABLES - Packaging & Containers U F P Tech Inc	$40.13	-0.28 -0.68%	$40.88	$46.42	-13.56%	22,142 71.43%	31,000
Most Recent Note for UFPT - 8/29/2019 12:25:15 PM Slumping further below its 50 DMA line ($41.53). Last noted with caution in the 8/14/19 mid-day report - "Reported earnings +15% on +5% sales revenues for the Jun '19 quarter, a 2nd consecutive quarterly earnings increase below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has not been strong and steady."
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WNS - NYSE - DIVERSIFIED SERVICES - Business/Management Services W N S Holdings Ltd Ads	$60.64	+0.21 0.35%	$61.09	$65.00	-6.71%	159,929 107.33%	149,000
Most Recent Note for WNS - 8/29/2019 12:32:23 PM India-based Commercial Services - Outsourcing firm stalled after reaching a new all-time high and has slumped back below its 50 DMA line ($61.22). Tallied several volume-driven gains for new highs after last noted with caution in the 7/18/19 mid-day report - "Reported earnings +23% on +7% sales revenues for the Jun '19 quarter. Went through a deep consolidation and rebounded after noted with caution in the 11/13/18 mid-day report - 'Fundamental concerns remain due to deceleration in sales revenues growth rate in sequential quarterly comparisons. Up and down annual earnings (A criteria) history is not a match with the fact-based investment system.'"
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WSM - NYSE - RETAIL - Home Furnishing Stores Williams Sonoma Inc	$63.46	-5.32 -7.73%	$67.48	$72.49	-12.46%	2,503,537 183.41%	1,365,000
Most Recent Note for WSM - 8/29/2019 12:33:50 PM Retreating from near its 52-week high and violating its 50 DMA line ($65.57) with today's big volume-driven loss. Noted with caution in prior mid-day reports - "Earnings and sales revenues increases are not a match with the fact-based investment system's guidelines."
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XPEL - NASDAQ - Auto/Truck-Tires & Misc Xpel Inc	$9.60	-0.34 -3.42%	$10.15	$9.94	-3.42%	55,101 108.04%	51,000
Most Recent Note for XPEL - 8/29/2019 12:34:33 PM Hit another new high with today's early gain. Prior mid-day reports noted - "Thinly traded Auto/Truck - Replacement Parts firm hit a new 52-week high with volume-driven gains. Fundamental concerns remain due to sub par sales revenues growth and its erratic quarterly and annual earnings (C and A criteria) history."
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