Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<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 Sunday, October 27, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - TUESDAY, SEPTEMBER 28TH, 2010
Previous Mid Day Report Next Mid Day Report >>>

DOW 10833.39 21.35 (0.20%) | NASDAQ 2371.94 2.17 (0.09%) | S&P 500 1143.78 1.62 (0.14%)
Time of Screening : 9/28/2010 12:11:50 PM         Report Released : 9/28/2010 1:34:48 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
BIDU - NASDAQ
Baidu Inc Ads
$102.79 -1.03
-0.99%
$107.19 15,315,802
163.12% of 50 DAV
50 DAV is 9,389,200
$107.19
-4.11%
9/17/2010 $85.73 PP = $88.42
MB = $92.84
Most Recent Note - 9/28/2010 12:33:32 PM
G - Churning above average volume today at an all-time high after 6 consecutive gains. Volume totals have been above average but not extremely heavy, yet it has the look of a climax run. Prior highs in the $88 area define support now.
>>> 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
CTRP - NASDAQ
Ctrip.com Intl Ltd Adr
$47.76 -0.81
-1.67%
$48.55 1,416,604
81.49% of 50 DAV
50 DAV is 1,738,300
$49.23
-2.99%
9/24/2010 $46.75 PP = $47.11
MB = $49.47
Most Recent Note - 9/28/2010 12:39:13 PM
Y - Perched near its 52-week high, pulling back today after 7 consecutive gains with ever-increasing volume. Volume total +74% above average on 9/27/10 with its gain above the pivot point triggered a technical buy signal soon after it was featured in yellow in the 9/24/10 mid-day report (read here). No overhead supply remains to act as resistance, while the price/volume action has been choppy since it was dropped from the Featured Stocks list on 5/06/10. Quarterly and annual earnings history has been strong (good C and A criteria). Leadership (L criteria) in the stock's Industry Group (Leisure - Travel Booking) is a reassuring sign.
>>> The latest Featured Stock Update with an annotated graph appeared on 4/12/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
EBIX - NASDAQ
Ebix Inc
$23.67 +0.44
1.89%
$23.79 766,509
168.65% of 50 DAV
50 DAV is 454,500
$23.89
-0.92%
9/23/2010 $21.78 PP = $22.74
MB = $23.88
Most Recent Note - 9/28/2010 12:53:28 PM
G - Gain today adds to a streak of consecutive gains with heavy volume, and its color code is changed to green after trading up to its "max buy" level. Caution and discipline are important, as, technically, there is no near-term chart support. Its large cup shaped base lacked a proper handle.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/24/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
MELI - NASDAQ
Mercadolibre Inc
$74.12 -0.86
-1.15%
$76.81 664,306
81.23% of 50 DAV
50 DAV is 817,800
$76.81
-3.50%
5/13/2010 $54.21 PP = $55.85
MB = $58.64
Most Recent Note - 9/28/2010 1:01:46 PM
G - Perched at its 52-week high today after a considerable gain with the heaviest volume total in a month. Extended from a sound base. Its 50 DMA line defines important chart support.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/26/2010. 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
$25.43 +1.09
4.48%
$25.56 3,359,348
188.40% of 50 DAV
50 DAV is 1,783,100
$25.72
-1.13%
9/21/2010 $22.84 PP = $23.61
MB = $24.79
Most Recent Note - 9/28/2010 1:19:41 PM
Y - Heavy volume is behind today's gain as a considerable "breakaway gap" helps it hit another new 52-week high and trigger new technical buying. A breakaway gap is one exception where chasing a stock more than +5% above prior highs is permitted. While patient investors may watch for pullbacks, no overhead supply remains to hinder its progress.
>>> The latest Featured Stock Update with an annotated graph appeared on 9/21/2010. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
ROVI - NASDAQ
Rovi Corp
$51.63 +0.91
1.79%
$51.82 1,146,668
87.92% of 50 DAV
50 DAV is 1,304,200
$52.07
-0.85%
8/31/2010 $43.31 PP = $45.06
MB = $47.31
Most Recent Note - 9/28/2010 1:21:03 PM
G - Hit yet another new 52-week high today, adding to the recent streak of big gains on above average volume, It is extended from its latest base, and prior highs in the $45 area define chart support to watch now.
>>> 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
SLW - NYSE
Silver Wheaton Corp
$26.29 -0.25
-0.94%
$26.68 6,327,432
125.93% of 50 DAV
50 DAV is 5,024,600
$27.04
-2.77%
8/25/2010 $21.40 PP = $21.99
MB = $23.09
Most Recent Note - 9/28/2010 1:24:34 PM
G - Consolidating after a streak of 5 consecutive gains with above average volume, holding its ground near an all-time high, extended from a sound base. Prior highs in the $21 area define chart support to watch.
>>> The latest Featured Stock Update with an annotated graph appeared on 8/25/2010. 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
$11.31 +0.31
2.82%
$11.47 35,357
83.78% of 50 DAV
50 DAV is 42,200
$11.85
-4.56%
9/16/2010 $11.20 PP = $11.69
MB = $12.27
Most Recent Note - 9/28/2010 1:33:09 PM
Y - Gain today with lighter volume follows 3 consecutive losses with heavier above average volume. Recently enduring distributional pressure near its 52-week high and pivot point. 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
VIT -

$32.82 +0.28
0.86%
$33.30 836,264
151.03% of 50 DAV
50 DAV is 553,700
$33.30
-1.44%
7/8/2010 $25.20 PP = $26.58
MB = $27.91
Most Recent Note - 9/28/2010 1:34:21 PM
G - Hit a new all-time high today. It is extended after rallying 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
AAPL - NASDAQ - COMPUTER HARDWARE - Personal Computers
Apple Inc
$287.28 -3.88
-1.33%
$291.77 $294.73 -2.53% 24,085,486
124.53%
19,341,700
Most Recent Note for AAPL - 9/28/2010 12:25:05 PM
Early weakness today led to an abrupt decline to near its prior chart highs. Last noted in the 9/22/10 mid-day report - "Fundamentals are strong and it may go on to produce greater gains, however it did not trigger a proper technical buy signal recently. Found support above its 200 DMA line since last noted in the mid-day report on 8/20/10."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ALTR - NASDAQ - Computer Sftwr-Design
Altair Engineering Cl A
$29.68 +0.62
2.13%
$29.91 $29.91 -0.77% 7,691,054
86.64%
8,876,600
Most Recent Note for ALTR - 9/28/2010 12:29:12 PM
Hit a new 52-week high today. Found great support near its 50 DMA line since last noted in the 9/16/10 mid-day report - "Strong leadership (L criteria) in the Semiconductor industry has recently helped many tech firms with sub par fundamentals reach new 52-week highs. ALTR has shown great sales revenues and earnings (C criteria) acceleration in recent quarterly comparisons versus the year-ago period. Its annual earnings (A criteria) history is below the guidelines of the fact-based system."
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
$29.41 +0.06
0.20%
$29.64 $29.75 -1.14% 88,337
187.55%
47,100
Most Recent Note for DORM - 9/28/2010 12:49:59 PM
Churning heavy volume at its 52-week high today, extended from prior chart highs in the $25-26 area. It rallied from an inverse-head-and-shoulders type pattern since finding support at its 200 DMA following 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  
GOLD - NYSE - METALS & MINING - Gold
Barrick Gold Corporation
$102.88 +1.72
1.70%
$103.29 $103.45 -0.56% 531,173
78.49%
676,700
Most Recent Note for GOLD - 9/28/2010 12:55:20 PM
No overhead supply remains to act as resistance and it hit another new all-time high today. Noted in the recent mid-day reports - "Earnings increases (C criteria) in the past 4 quarterly comparisons have been greater than the +25% minimum guideline, but its up and down annual earnings (A criteria) history is a concern. Disciplined investors might consider other high-ranked leaders from the Mining - Gold/Silver/Gems group currently listed on the Featured Stocks page."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
HMIN - NASDAQ - LEISURE - Lodging
Home Inns & Htls Mgt Ads
$50.15 +1.39
2.85%
$50.38 $50.64 -0.97% 666,093
169.84%
392,200
Most Recent Note for HMIN - 9/28/2010 12:56:38 PM
Second consecutive big gain today with heavy volume follows a 2 week consolidation from its 52 week high after it had steadily rallied from support near its 50 DMA line. This Chinese hotel manager was noted in prior mid-day reports - "Recent quarterly comparisons showed strong sales and earnings increases that satisfy the C criteria. Annual earnings (A criteria) showed a downturn in FY '08, leaving fundamental concerns."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
KOF - NYSE - FOOD & BEVERAGE - Beverages - Soft Drinks
Coca Cola Femsa Sab Ads
$80.80 -0.46
-0.57%
$81.75 $81.83 -1.26% 133,257
139.24%
95,700
Most Recent Note for KOF - 9/28/2010 12:59:57 PM
Hovering in a tight range near all-time highs today, it has steadily risen since last noted in the 8/20/10 mid-day report -"No resistance remains due to overhead supply. Its annual earnings (A criteria) history has not been strong and steady and the recent quarterly comparison showed deceleration as for the quarter ended June 30, 2010 it reported +18% earnings on +7% sales revenues."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MSB - NYSE - FINANCIAL SERVICES - Diversified Investments
Mesabi Trust
$36.60 +1.21
3.42%
$37.00 $37.08 -1.29% 210,476
78.65%
267,600
Most Recent Note for MSB - 9/28/2010 1:02:29 PM
Hitting yet another new 52-week high today, getting even more extended from the cup-with-handle type base pattern previously noted. The 3 latest quarters showed impressive increases but prior quarterly and annual earnings history has been below guidelines of the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NVO - NYSE - DRUGS - Drug Manufacturers - Other
Novo Nordisk A/S Adr
$97.72 +1.88
1.96%
$97.91 $97.97 -0.26% 451,889
237.96%
189,900
Most Recent Note for NVO - 9/28/2010 1:04:25 PM
This Denmark-based Medical - Ethical Drug firm is trading heavy volume again today and rallying to a new all-time high. As noted recently, and in a few of July's mid-day reports - "It has earned high ranks after demonstrating strong steady annual earnings (A criteria) growth. Quarterly comparisons show sales and earnings increases mostly below guidelines of the fact-based investment system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PII - NYSE - AUTOMOTIVE - Recreational Vehicles
Polaris Industries Inc
$64.94 -0.27
-0.41%
$65.71 $65.71 -1.17% 361,064
82.59%
437,200
Most Recent Note for PII - 9/28/2010 1:10:17 PM
It quietly touched a new 52-week high on the prior session, following a 5-month flat base during which its 200 DMA line acted as support. It has been consolidating since gapping up on 4/20/10 and 4/21/10 with powerful gains on heavy volume. The 2 latest quarterly comparisons show improving sales and earnings increases, but its prior quarterly results and annual earnings (A criteria) history are below guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RVBD - NASDAQ - COMPUTER SOFTWARE & SERVICES - Information & Delivery Service
Riverbed Technology Inc
$45.45 +1.24
2.80%
$45.92 $46.55 -2.36% 1,872,970
110.36%
1,697,100
Most Recent Note for RVBD - 9/28/2010 1:22:46 PM
Rallying near its 52-week high today. Noted in recent mid-day reports, it remains- "Extended from any sound base after rallying from support above its 50 DMA line. The San Francisco, CA-based firm in the Computer-Networking industry is a strong turn-around story, but the downward turn in FY '08 hurts its annual earnings (A criteria) track record."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TIBX - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Tibco Software Inc
$18.25 +0.24
1.33%
$18.42 $18.95 -3.70% 3,420,407
114.43%
2,989,000
Most Recent Note for TIBX - 9/28/2010 1:26:19 PM
Holding its ground since a considerable 9/24/10 gap up gain for a new 52-week high. Noted in recent mid-day reports - "After its latest earnings report it has a streak of 3 quarterly comparisons with +25% earnings increases with accelerating sales revenues growth. It also has a good annual earnings (A criteria) history. It is extended from the 5-week flat base it cleared when noted in the 8/31/10 mid-day report. Leadership (L criteria) in the Computer Software - Database group is reassuring. Patient investors may watch for a sound base to form and offer ideal secondary buy points."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TPL - NYSE - Real Estate Dvlpmt/Ops
Texas Pacific Land Trust
$39.11 +2.36
6.42%
$39.30 $40.18 -2.67% 34,310
107.55%
31,900
Most Recent Note for TPL - 9/28/2010 1:31:35 PM
Posting a considerable gain today for a new 52-week high. This Texas Real Estate Development firm was noted in 2 prior mid-day reports in September - "A recent streak of gains with above average volume helped it rally from prior resistance in the $30 area. The 3 latest quarterly comparisons showed strong sales revenues and earnings increases but its up and down annual earnings (A criteria) history is a concern."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC 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.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us