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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, AUGUST 31ST, 2011
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DOW 11647.97 88.02 (0.76%) | NASDAQ 2597.21 21.1 (0.82%) | S&P 500 1223.79 10.87 (0.90%)
Time of Screening : 8/31/2011 12:04:40 PM         Report Released : 8/31/2011 1:05:11 PM
Price is: Above 52W High and Less Than 52W High but within 8% 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
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
FCFS - NASDAQ
First Cash Financial Svs
SPECIALTY RETAIL - Specialty Retail, Other
$46.47 -0.47
-1.00%
$48.19 223,942
68.09% of 50 DAV
50 DAV is 328,900
$48.19
-3.57%
5/31/2011 $42.00 PP = $40.23
MB = $42.24
Most Recent Note - 8/31/2011 12:32:07 PM
G - Touched a new 52-week high with today's early gain then reversed into the red. It has not formed a sound new base pattern. Recently found support near its 50 DMA line. Prior lows near $37-38 define additional chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/22/2011. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
JCOM - NASDAQ
J 2 Global Inc
INTERNET - Internet Software & Services
$31.80 -0.20
-0.63%
$32.32 226,384
62.94% of 50 DAV
50 DAV is 359,700
$32.64
-2.57%
8/8/2011 $30.38 PP = $29.31
MB = $30.78
Most Recent Note - 8/31/2011 12:48:08 PM
G - Holding its ground today near its 52-week high after a solid volume-driven gain to new highs on the prior session indicative of institutional accumulation. Previous highs in the $30-31 area now define initial chart support on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/29/2011. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
MG - NYSE
Mistras Group Inc
DIVERSIFIED SERVICES - Bulding and Faci;ity Management Services
$20.52 +0.01
0.05%
$20.68 90,896
59.60% of 50 DAV
50 DAV is 152,500
$20.82
-1.44%
8/10/2011 $17.89 PP = $17.58
MB = $18.46
Most Recent Note - 8/31/2011 12:49:59 PM
G - Holding its ground stubbornly near its all-time high, extended from its prior base, with no resistance remaining due to overhead supply. Previous resistance in the $17-18 area defines important chart support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/24/2011. 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
DG - NYSE - RETAIL - Discount, Variety Stores
Dollar General Corp
$36.40 +0.64
1.79%
$36.86 $36.86 -1.25% 1,995,297
120.52%
1,655,600
Most Recent Note for DG - 8/31/2011 12:27:57 PM
Gapped up again today and hit another new 52-week high after clearing chart resistance in the $35 area on the prior session. Reported earnings +24% on +11% sales revenues for the quarter ended July 31, 2011 versus the prior session. When rebounding above its 50 DMA line on 8/29/11 the mid-day report noted - "Sales revenues and earnings increases in the Jan '11 and Apr '11 quarterly comparisons versus the year ago periods were borderline or below the investment system guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DLTR - NASDAQ - RETAIL - Discount, Variety Stores
Dollar Tree Inc
$72.40 -0.95
-1.30%
$74.23 $74.72 -3.10% 964,706
64.35%
1,499,100
Most Recent Note for DLTR - 8/31/2011 12:31:00 PM
Holding its ground near its 52-week high after volume-driven gains following choppy action in recent weeks, not a very sound looking base pattern. Reported earnings +26% on +12% sales for the quarter ended July 31, 2011 versus the year ago period. Prior mid-day reports noted - "Good annual earnings history and quarterly earnings increases above the +25% meet the investment system's C and A guidelines, however sales revenues have shown just steady increases in the +12-14% range."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
GMCR - NASDAQ - FOOD & BEVERAGE - Processed & Packaged Goods
Green Mtn Coffee Roastrs
$104.55 +1.64
1.59%
$107.42 $111.42 -6.17% 1,707,303
60.21%
2,835,400
Most Recent Note for GMCR - 8/31/2011 12:36:45 PM
Choppy consolidation in recent weeks is not considered a sound base pattern, yet after repairing a recent 50 DMA violation it is now perched within close striking distance of its all-time high. A considerable gap up on 7/28/11 came after reporting earnings +133% on +127% sales revenues for the quarter ended June 30, 2011 versus the year ago period. Bullish action has continued while it rarely and briefly paused to consolidate since noted in the 5/23/11 mid-day report - "Inching higher today for new all-time high and it could go on to produce more climactic gains.. It completed a Public Offering on 5/05/11 and technically formed an advanced '3-weeks tight' pattern, however a new pivot point is not being cited. It is trading +80% above its 200 DMA line, which serves as a reminder for investors to watch out for sell signals more than having a bias toward any new buying efforts. Reported earnings +129% on +101% sales revenues for the quarter ended March 31, 2011 versus the year ago period. Held its ground following its considerable gap up on 3/10/11 after news of a deal with Starbucks Corp (SBUX). It has maintained a very strong sales revenues and earnings growth history solidly satisfying the C and A criteria. This previously featured leader was dropped from the Featured Stocks list on 10/01/10."
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GWW - NYSE - WHOLESALE - Electronics Wholesale
Grainger W W Inc
$154.60 +4.19
2.79%
$156.85 $161.21 -4.10% 387,155
58.23%
664,900
Most Recent Note for GWW - 8/31/2011 12:40:48 PM
Gapped up today, approaching its 52-week high while wedging higher without great volume conviction. It has been rebounding after a deep pullback under its 50 DMA and 200 DMA lines since last noted in the 7/19/11 mid-day report - "No overhead supply remains to act as resistance. Sales revenues have been +12-19% and earnings increases above the +25% guideline for the past 4 comparisons through Mar '11 versus the year ago period(s). The prior growth history for this Retail/Wholesale Building Products firm included a downturn in FY '09 which raises concerns with respect to the A criteria of the fact-based investment system's guidelines."
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JAZZ - NASDAQ - DRUGS - Biotechnology
Jazz Pharmaceuticals Plc
$42.95 +0.45
1.06%
$44.05 $44.05 -2.50% 836,381
98.44%
849,600
Most Recent Note for JAZZ - 8/31/2011 12:45:51 PM
Hitting another new 52-week and all-time high today after a choppy 5-week consolidation that is not recognized as a sound base pattern. There is no overhead supply remaining to act as resistance. Reported earnings +193% on +59% sales revenues for the quarter ended June 30, 2011. Technically it found support near prior highs during its quiet consolidation after noted in the 7/14/11 mid-day report when rising from a cup-with-handle pattern. FY '10 was its first ever profitable year, while the A criteria calls for a strong 3-5 year earnings growth history. Recent quarterly comparisons showed greatly improved sales revenues and earnings increases. The Medical - Ethical Drugs firm rose 80-fold from its low of $0.52 in April 2009. Ownership by top-rated funds rose from 117 in Jun '10 to 243 in Jun '11, a reassuring sign concerning the I criteria.
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NGD - AMEX - METALS & MINING - Gold
New Gold Inc
$13.59 -0.09
-0.66%
$13.79 $13.79 -1.45% 2,405,758
64.50%
3,729,700
Most Recent Note for NGD - 8/31/2011 12:50:53 PM
Still perched at its 52-week high today with no resistance remaining due to overhead supply, extended from prior chart highs in the $11 area following a spurt of volume-driven gains. Found support near its 200 DMA during its consolidation since noted in the 3/21/11 mid-day report - "Recent quarterly comparisons show sales revenues and earnings increases but its up and down annual earnings (A criteria) history leaves fundamental concerns."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RGR - NYSE - CONSUMER DURABLES - Sporting Goods
Sturm Ruger & Co Inc
$35.45 -0.08
-0.23%
$36.85 $36.85 -3.80% 316,329
132.80%
238,200
Most Recent Note for RGR - 8/31/2011 12:55:47 PM
Reversed into the red after hitting yet another new 52-week high earlier today following 6 consecutive gains backed by above average volume. Repeatedly noted in recent mid-day reports - "Earnings history is below guidelines. Extended from any sound base."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RIC - AMEX - METALS & MINING - Gold
Richmont Mines Inc
$11.03 +0.02
0.18%
$11.32 $11.32 -2.56% 688,029
161.13%
427,000
Most Recent Note for RIC - 8/31/2011 12:57:24 PM
Holding its ground today after technically breaking out with a considerable volume-driven gain for a new 52-week high on the prior session. Leadership in the Mining - Gold/Silver/Gems group (L criteria) has helped it rally among numerous other gold mining firms showing recent strength. Its old 52-week high was hit when noted in the 4/29/11 mid-day report - "Recent quarterly comparisons show sales revenues and earnings improvement, but its prior earnings history is below the investment system guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
STMP - NASDAQ - Retail-Internet
Stamps.com Inc
$19.01 +1.05
5.85%
$19.19 $19.30 -1.50% 172,212
132.98%
129,500
Most Recent Note for STMP - 8/31/2011 12:58:18 PM
Considerable gain today with above average volume for another new 52-week high. There was a brief consolidation above prior highs after a "breakaway gap" on 7/29/11. Prior mid-day reports noted - "Earnings increased by +125% on +26% sales revenues for the quarter ended June 30, 2011. Showing impressive sequential acceleration in recent quarterly comparisons, but prior quarterly comparisons showed lackluster sales revenues increases well below the +25% guideline, leaving some fundamental concerns."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SWI - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software
Solarwinds Inc
$25.00 +0.42
1.71%
$25.62 $26.68 -6.30% 729,438
67.14%
1,086,500
Most Recent Note for SWI - 8/31/2011 1:03:33 PM
Approaching its 52-week high today while wedging higher this week without great volume conviction. Its deep 9-week consolidation included a brief dip below its 200 DMA line since last noted on 7/21/11 as it was dropped from the Featured Stocks list. Technically, the rebound above its 50 DMA line helps its outlook to improve, but it has not formed a sound base pattern.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TNH - NYSE - CHEMICALS - Agricultural Chemicals
Terra Nitrogen Co Lp
$196.28 +1.25
0.64%
$199.50 $199.50 -1.61% 70,482
83.21%
84,700
Most Recent Note for TNH - 8/31/2011 1:04:35 PM
Hovering at its all-time high today, adding to its impressive streak of volume-driven gains. Recent mid-day reports noted - "Repeatedly noted as extended from any sound base pattern. Found support near its 50 DMA line and well above prior chart resistance on its recent pullback. Reported earnings +78% on +19% sales revenues for the quarter ended June 30, 2011 versus the year ago period and recent quarters were strong, but its up and down annual earnings (questionable A) history remains a fundamental concern. There is a small supply of only 4.26 million shares in its float, which can contribute to greater price volatility in the event of institutional buying or selling."
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