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 MIDDAY BREAKOUTS REPORT - TUESDAY, SEPTEMBER 21ST, 2010
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DOW 10738.52 -15.1 (-0.14%) | NASDAQ 2348.22 -7.61 (-0.32%) | S&P 500 1138.43 -4.28 (-0.37%)
Time of Screening : 9/21/2010 12:09:39 PM         Report Released : 9/21/2010 1:39:10 PM
Price is: Above 52W High and Less Than 52W High but within 5% of the 52 Week High
Volume Is: At least 75% 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
Max Buy
ARUN - NASDAQ
Aruba Networks Inc
$21.77 +0.88
4.21%
$22.05 1,607,612
82.77% of 50 DAV
50 DAV is 1,942,200
$22.05
-1.27%
8/30/2010 $18.12 PP = $18.51
MB = $19.44
Most Recent Note - 9/21/2010 12:20:53 PM
G - Hitting yet another new 52-week high today, getting more extended from its latest base. Prior highs near $18 define a chart support level to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/2/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
BIDU - NASDAQ
Baidu Inc Ads
$91.54 +1.67
1.86%
$92.31 7,062,721
75.46% of 50 DAV
50 DAV is 9,360,100
$92.31
-0.84%
9/17/2010 $85.73 PP = $88.42
MB = $92.84
Most Recent Note - 9/21/2010 12:32:15 PM
Y - Up again today after volume on the prior session was +40% above average and it rose above its pivot point for a new all-time high from a 6-week consolidation. The technical breakout is noted as a riskier "late stage" base.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/13/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
HS -

$24.33 +0.98
4.20%
$24.50 500,632
77.07% of 50 DAV
50 DAV is 649,600
$24.51
-0.73%
8/27/2010 $19.91 PP = $19.75
MB = $20.74
Most Recent Note - 9/21/2010 12:43:07 PM
G - Solid gain today for a new 52-week high, getting very extended from its prior base. Support to watch now is prior chart highs in the $19-20 area.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/27/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
IGTE - NASDAQ
Igate Corp
$19.13 -0.04
-0.21%
$19.42 384,839
92.31% of 50 DAV
50 DAV is 416,900
$19.45
-1.65%
9/8/2010 $17.29 PP = $18.26
MB = $19.17
Most Recent Note - 9/21/2010 12:47:04 PM
Y - Holding its ground today following 2 consecutive gains with above average volume. It found prompt support at its 50 DMA line and followed through to new highs, reconfirming its prior breakout.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/10/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
ORCL - NYSE
Oracle Corp
$26.82 -0.68
-2.46%
$27.36 33,800,296
104.08% of 50 DAV
50 DAV is 32,474,200
$27.63
-2.95%
9/20/2010 $27.32 PP = $26.73
MB = $28.07
Most Recent Note - 9/21/2010 12:59:47 PM
Y - Down today, slumping near its pivot point. A "breakaway gap" on 9/17/10 was backed by 5 times average volume, and it was featured in yellow in the 9/20/10 mid-day report.. It has maintained a strong annual earnings (A criteria) history and sales revenues and earnings increases have shown impressive acceleration in its recent quarterly comparisons. Large supply of 5.03 billion shares outstanding makes it an unlikely sprinter.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/20/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
RAX - NYSE
Rackspace Hosting Inc
$22.84 +0.02
0.09%
$23.47 1,429,854
79.96% of 50 DAV
50 DAV is 1,788,300
$23.51
-2.85%
9/21/2010 $22.84 PP = $23.61
MB = $24.79
Most Recent Note - 9/21/2010 1:11:50 PM
Y - Gain today has it trading pennies from its 52-week high, with no overhead supply remaining to hinder its progress. A solid gain on the prior session reconfirmed a recent technical breakout above prior chart highs. Subsequent gains into new high territory with volume conviction could signal the beginning of a meaningful price advance. This high-ranked Internet-Networking Solutions firm has earned very high ranks, and 3 of the past 4 quarterly earnings comparisons showed better than +25% increases. Its annual earnings history (A criteria) since trading began in 2008 has been good.
There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
ROVI - NASDAQ
Rovi Corp
$48.18 +1.73
3.72%
$48.72 2,375,857
206.38% of 50 DAV
50 DAV is 1,151,200
$48.72
-1.11%
8/31/2010 $43.31 PP = $45.06
MB = $47.31
Most Recent Note - 9/21/2010 1:17:23 PM
G - Color code is changed to green as it posts a second consecutive gain with heavy volume for new 52-week highs and trades above its "max buy" level. Strong gains followed news of a multi-year licensing deal with Apple Corp (AAPL), as it found prompt support after a brief 50 DMA violation.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/24/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
UFPT - NASDAQ
U F P Tech Inc
$11.45 +0.21
1.87%
$11.80 64,813
168.35% of 50 DAV
50 DAV is 38,500
$11.80
-2.97%
9/16/2010 $11.20 PP = $11.69
MB = $12.27
Most Recent Note - 9/21/2010 1:33:42 PM
Y - Hit a new 52-week high and traded above its pivot point earlier today, posting a 7th consecutive small gain. No resistance remains due to overhead supply, and with only 6.21 million shares outstanding (S criteria) any institutional buying or selling can lead to greater price volatility.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/17/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
ULTA - NASDAQ
Ulta Salon Cosm & Frag
$28.51 +0.28
1.00%
$28.85 541,158
91.57% of 50 DAV
50 DAV is 591,000
$29.25
-2.53%
9/3/2010 $26.36 PP = $25.89
MB = $27.18
Most Recent Note - 9/21/2010 1:36:01 PM
G - Hovering near its 52-week high, stubbornly holding its ground since its breakout gains with above average volume. Prior highs in the $26 area define support to watch now.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/3/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
VIT -

$30.44 -0.50
-1.62%
$31.88 858,157
159.81% of 50 DAV
50 DAV is 537,000
$31.88
-4.52%
7/8/2010 $25.20 PP = $26.58
MB = $27.91
Most Recent Note - 9/21/2010 1:38:42 PM
G - At an all-time high today, it is extended from a prior resistance level in the $26 area. Its 50 DMA line defines chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/31/2010. 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
AHGP - NASDAQ - METALS &; MINING - Nonmetallic Mineral Mining
Alliance Holdings Gp Lp
$42.94 +1.45
3.49%
$43.21 $43.21 -0.62% 57,592
94.88%
60,700
Most Recent Note for AHGP - 9/21/2010 12:17:08 PM
Hitting a new 52-week high today, rising from its previously noted base-on-base type pattern. Latest quarter ended June 30, 2010 showed better sales and earnings increases versus the year earlier, but prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady. Noted in prior mid-day reports - "Its fundamentals have remained below the guidelines of the investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
AZO - NYSE - RETAIL - Auto Parts Stores
Autozone Inc
$216.94 -3.20
-1.45%
$221.90 $222.87 -2.66% 768,088
142.93%
537,400
Most Recent Note for AZO - 9/21/2010 12:23:53 PM
Enduring some distributional pressure at its 52-week high after steadily climbing this year. Noted in several mid-day reports in June-July that its earnings increases have been near borderline with the minimum guidelines in the past 3 quarters while sales revenues have increased by only +1-10% in the past 4 quarterly comparisons. While consumers are fixing their old cars and holding off on new car purchases, AZO and similar players in the auto-repair arena have shown great leadership and strong relative strength. Guidelines of the investment system, however, call for current earnings per share +25% or more, and acceleration in recent quarters is important. Also, quarterly sales should also be up at least +18%, +25% or more and ideally accelerating over prior quarters.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DORM - NASDAQ - AUTOMOTIVE - Auto Parts
Dorman Products Inc
$25.99 -0.07
-0.27%
$27.37 $27.37 -5.04% 59,460
125.44%
47,400
Most Recent Note for DORM - 9/21/2010 12:39:20 PM
Gapped up today and hit a new 52-week high then quickly reversed into the red. It found support at its 200 DMA while basing since the previously noted "breakaway gap" on 4/27/10. Leadership in the Auto/Truck - Replacement Parts group (L criteria) is a reassuring sign. The C criteria is satisfied as recent quarterly comparisons show earnings increases above the +25% guideline on +15%-20% better sales versus the year ago period. Its up and down annual earnings history (A criteria) is a concern.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
EW - NYSE - HEALTH SERVICES - Medical Appliances & Equipment
Edwards Lifesciences Cp
$59.06 +4.59
8.43%
$59.80 $61.56 -4.06% 2,263,778
268.25%
843,900
Most Recent Note for EW - 9/21/2010 12:41:53 PM
Rallying back above its 50 DMA line today after enduring damaging distribution in recent weeks. Noted in prior mid-day reports - "Endured numerous distribution days since March yet it held up well, and on 5/28/10 its share price was impacted by a 2:1 split . The Medical - Products firm has a slow but steady annual earnings history. Quarterly sales revenues and earnings increases have been below guidelines. With respect to the N criteria, explosive sales revenues increases would be a true indication of great or growing demand for any company's products."
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JKS - NYSE - ENERGY - Other
Jinkosolar Hldg Co Ads
$30.45 +1.03
3.50%
$31.21 $31.21 -2.44% 604,347
124.25%
486,400
Most Recent Note for JKS - 9/21/2010 12:48:44 PM
Its 7th consecutive gain today helped it hit yet another new all-time high. Noted in recent mid-day reports -"Extended from any sound base and well up from its $11 IPO on 5/14/10 after a streak of consecutive gains. Limited sales and earnings history is below guidelines. "
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SINA - NASDAQ - INTERNET - Internet Software & Services
Sina Corporation
$52.06 +0.93
1.82%
$52.73 $52.73 -1.27% 1,684,363
154.10%
1,093,000
Most Recent Note for SINA - 9/21/2010 1:19:12 PM
Hit another new 52-week high today. Technically it broke out last week with powerful gains on heavy volume. Noted in prior mid-day reports - "Earnings and sales have improved in recent quarters, however its prior comparisons and its annual earnings history (A criteria) are below guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SWKS - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir
Skyworks Solutions Inc
$19.59 -0.20
-1.01%
$19.88 $19.95 -1.80% 4,258,018
82.86%
5,139,000
Most Recent Note for SWKS - 9/21/2010 1:23:31 PM
Hovering near its 52-week high after recently wedging up from an orderly base, and there is no overhead supply to hinder its progress. This high-ranked firm in the Semiconductor group has shown sales revenues and earnings increases accelerating impressively in recent quarters, however, its up and down annual earnings (A criteria) history is a concern with respect to the fact-based investment system's guidelines.
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