Mid-Day Breakouts Report - Tuesday, September 10th, 2024

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Wednesday, September 18, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - TUESDAY, SEPTEMBER 10TH, 2024
Previous Mid Day Report Next Mid Day Report >>>

DOW 40580.09 -249.5 (-0.61%) | NASDAQ 16895.33 10.73 (0.06%) | S&P 500 5461.94 -9.11 (-0.17%)

Time of Screening : 9/10/2024 1:24:16 PM Report Released : 9/10/2024 1:50:18 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 65% 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
CSWI - NASDAQ - Chemicals-Specialty C S W Industrials Inc	$312.35	-0.95 -0.30%	$313.77	$337.63	-7.49%	89,950 74.34%	121,000
Most Recent Note for CSWI - 9/10/2024 1:25:52 PM Gapped up on the prior session rebounding above its 50 DMA line ($300) with a big volume-driven gain following last week's damaging volume-driven losses. Reported earnings +25% on +11% sales revenues for the Jun '24 quarter versus the year ago period. Prior quarterly comparisons were below the +25% minimum guideline (C criteria). Annual earnings history (A criteria) and sales revenues growth rate has been steady.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ELMD - AMEX - Medical-Systems/Equip Electromed Inc	$16.84	-1.05 -5.87%	$17.78	$18.60	-9.46%	20,517 82.07%	25,000
Most Recent Note for ELMD - 9/10/2024 1:26:53 PM Pulling back today after rebounding toward its 52-week high with volume-driven gains since testing support at its 200 DMA line. Reported Jun '24 quarterly earnings +67% on +9% sales revenue versus the tear-ago period, its 6th quarterly comparison well above the fact-based system's +25% minimum guideline (C criteria). Annual earnings (A criteria) history has ben improving after a downturn in FY '21 and '22.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
EQH - NYSE - Finance-Investment Mgmt Equitable Holdings Inc	$38.70	-1.27 -3.18%	$40.14	$44.50	-13.03%	2,165,356 98.25%	2,204,000
Most Recent Note for EQH - 9/10/2024 1:27:41 PM Slumping below its 50 DMA line with recent losses. Fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ERIE - NASDAQ - INSURANCE - Property & Casualty Insurance Erie Indemnity Co	$506.53	+3.34 0.66%	$512.77	$536.96	-5.67%	64,878 86.50%	75,000
Most Recent Note for ERIE - 9/10/2024 1:28:17 PM Extended from any sound base and there was a "negative reversal" on the prior session after hitting a new all-time high with a gap up and volume-driven gain. This Insurance - Brokers firm reported earnings +39% on +18% sales revenues for the Jun '24 quarter versus the year ago period, its 6th strong quarter above the +25% minimum earnings guideline (C criteria) of the fact-based investment system's fundamental guidelines. Annual earnings history has recently been improving.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GM - NYSE - AUTOMOTIVE - Auto Manufacturers - Major General Motors Company	$44.65	-2.76 -5.81%	$46.51	$50.50	-11.59%	10,006,254 73.87%	13,545,000
Most Recent Note for GM - 9/10/2024 1:30:17 PM Gapped down today and violated its 50 DMA line with a big loss. Wedged near the prior high with gains lacking great volume conviction after finding support at its 200 DMA line. Noted with caution in prior mid-day reports - "Reported Jun '24 quarterly earnings +60% on +7% sales revenues versus the year ago period but fundamental concerns remain. Prior quarterly and annual earnings (C criteria) history is not a match with the fact-based investment system's guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GS - NYSE - FINANCIAL SERVICES - Investment Brokerage - Nationa Goldman Sachs Group Inc	$464.20	-24.38 -4.99%	$489.20	$517.26	-10.26%	2,061,795 93.63%	2,202,000
Most Recent Note for GS - 9/10/2024 1:31:55 PM Abruptly pulling back below its 50 DMA line ($489) with today's big volume-driven loss. Wedged near the prior high with gains lacking volume since last noted in the 8/05/24 mid-day report - "Reported Jun '24 quarterly earnings +180% on +19% sales revenues over the year ago period, its 3rd strong quarterly comparison. Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
IX - NYSE - FINANCIAL SERVICES - Credit Services Orix Corp Ads	$118.46	-1.62 -1.35%	$120.04	$125.84	-5.86%	13,329 83.31%	16,000
Most Recent Note for IX - 9/10/2024 1:35:31 PM Pulling back toward its 50 DMA line ($117) after hitting a new 52-week high last week. Concerns remain as noted in prior mid-day reports - "Fundamentals fall short of the C and A criteria of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
JPM - NYSE - BANKING - Money Center Banks J P Morgan Chase & Co	$202.07	-14.75 -6.80%	$218.64	$225.48	-10.38%	17,161,761 201.29%	8,526,000
Most Recent Note for JPM - 9/10/2024 1:36:16 PM Pulling back from near its 52-week high and violating its 50 DMA line with today's big volume-driven loss. Reported earnings +3% on +22% sales revenues for the Jun '24 quarter versus the year-ago period, its 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history is not a great match with the fact-based investment system's fundamental guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
KFY - NYSE - DIVERSIFIED SERVICES - Staffing & Outsourcing Service Korn Ferry International	$70.03	+1.04 1.51%	$70.51	$75.30	-7.00%	259,640 81.14%	320,000
Most Recent Note for KFY - 9/10/2024 1:39:01 PM Halted its slide and rebounded above its 50 DMA line with this week's volume-driven gains. Earnings rose +19% on -3% sales revenues in the Jul '24 quarter versus the year ago period. Prior quarters were not strong and steady and its annual earnings (A criteria) history has been up and down.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NI - NYSE - UTILITIES - Diversified Utilities Nisource Inc	$33.63	+0.18 0.52%	$33.84	$33.56	0.19%	4,005,317 100.16%	3,999,000
Most Recent Note for NI - 9/10/2024 1:40:45 PM Perched at its 52-week high after a steady spurt of gains. Noted in prior mid-day reports - "Fundamentals remain a concern. Erratic sales revenues and earnings history is below guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ORCL - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software Oracle Corp	$155.92	+16.03 11.46%	$160.52	$146.59	6.36%	26,390,543 376.95%	7,001,000
Most Recent Note for ORCL - 9/10/2024 1:42:46 PM Hitting a new all-time high with today's "breakaway gap" after consolidating above its 50 DMA line ($139). Reported Aug '24 quarterly earnings +17% on +7% sales revenues versus the year-ago period. Earnings increases have not been strong and steady above the +25% minimum guideline (C criteria) in quarterly comparisons versus the year-ago periods. Fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
STEP - NASDAQ - Finance-Investment Mgmt StepStone Group Inc	$49.47	-3.58 -6.75%	$50.51	$56.18	-11.94%	1,661,302 287.42%	578,000
Most Recent Note for STEP - 9/10/2024 1:47:48 PM Gapped down today testing its 50 DMA line ($49.74) after hovering near its 52-week high. Reported Jun '24 quarterly earnings +85% on +5% sales revenues versus the year-ago period. Prior mid-day reports cautioned members - "Fundamental concerns remain. Limited history is a concern. Completed its $18 IPO on 9/16/20."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VIST - NYSE - Oil&Gas-Intl Expl&Prod Vista Energy SAB de CV	$45.02	-2.78 -5.82%	$47.70	$52.47	-14.20%	524,185 86.07%	609,000
Most Recent Note for VIST - 9/10/2024 1:48:50 PM Pulling back from its all-time high and violating its 50 DMA line with today's 4th consecutive loss. Reported Jun '24 quarterly earnings +168% on +66% sales revenues versus the year-ago period. Mexico-based Oil & Gas firm has not shown strong and steady quarterly comparisons. After big losses in prior years, it had profitable results in FY '21 and '22.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VNOM - NASDAQ - Oil&Gas-U S Expl&Prod Viper Energy Partners Lp	$44.65	-2.23 -4.75%	$46.64	$49.37	-9.57%	1,173,080 106.07%	1,106,000
Most Recent Note for VNOM - 9/10/2024 1:50:09 PM Gapped down today abruptly retreating after touching a new 52-week high on the prior session. Near-term support to watch is at its 50 DMA line. ($43.68). Reported Jun '24 quarterly earnings +30% on +35% sales revenues versus the year-ago period but fundamental concerns remain. This Oil & Gas - US Exploration & Production firm's quarterly comparisons through Mar '24 showed erratic and subpar sales revenues and earnings increases versus year ago periods. Since its $26 IPO in June 2014 it completed additional new Public Offerings in Sep '14, Jul '16, Jan '17, Jul '17, and Jul '18.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

THESE ARE NOT BUY RECOMMENDATIONS! Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. We are not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.