Mid-Day Breakouts Report - Monday, September 28th, 2020

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MIDDAY BREAKOUTS REPORT - MONDAY, SEPTEMBER 28TH, 2020
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DOW 27666.5 492.54 (1.81%) | NASDAQ 11062.61 149.05 (1.37%) | S&P 500 3351.98 53.52 (1.62%)

Time of Screening : 9/28/2020 12:07:41 PM Report Released : 9/28/2020 12:52:52 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

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
AMRK - NASDAQ - Financial Svcs-Specialty A-Mark Precious Metals	$34.04	+2.02 6.31%	$34.34	$34.49	-1.30%	81,030 168.81%	48,000
Most Recent Note for AMRK - 9/28/2020 12:10:10 PM Reported very strong Jun '20 quarterly sales revenues and earnings increases versus the year ago period. Challenging its all-time high with higher volume behind today's 3rd consecutive gain. A big"breakaway gap" on 9/11/20 was noted but prior mid-day reports cautioned members - "Fundamental concerns remain. Reported strong earnings increases for the Dec '19 and Mar '20 quarters but with waning sales revenues. Prior quarterly and annual earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
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BFA - NYSE - FOOD & BEVERAGE - Beverages - Wineries & Distill Brown Forman Corp Cla	$68.86	+1.24 1.83%	$69.22	$75.16	-8.38%	28,382 60.39%	47,000
Most Recent Note for BFA - 9/28/2020 12:12:12 PM Consolidating near prior highs and its 50 DMA line which define near-term support in the $68 area. Fundamental concerns remain as prior quarterly and annual earnings (C and A criteria) are not a match with the fact-based investment system's guidelines.
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BNSO - NASDAQ - MANUFACTURING - Diversified Machinery Bonso Electronic Intl	$4.79	+0.16 3.38%	$5.00	$5.60	-14.53%	14,961 59.84%	25,000
Most Recent Note for BNSO - 9/28/2020 12:13:16 PM Perched near its 52-week high hit on 9/24/20 with a considerable volume-driven gain after a brief consolidation. Prior mid-day reports noted - "Prior quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines."
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COST - NASDAQ - RETAIL - Discount, Variety Stores Costco Wholesale Corp	$346.74	+4.16 1.21%	$347.39	$363.67	-4.66%	1,453,187 67.03%	2,168,000
Most Recent Note for COST - 9/28/2020 12:13:59 PM Consolidating -4.6% off its 52-week high and just above its 50 DMA line ($339) which has recently acted as support. Fundamental concerns remain. Reported earnings +36% on +12% sales revenues for the Aug '20 quarter. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum guideline (C criteria).
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DAVA - NYSE - Computer-Tech Services Endava Plc Cl A Ads	$59.90	+0.20 0.33%	$60.10	$60.13	-0.39%	88,424 58.56%	151,000
Most Recent Note for DAVA - 9/28/2020 12:14:24 PM Hovering at its all-time high following a recent spurt of volume-driven gains, it faces no resistance due to overhead supply. This UK-based Computer-Tech Services firm reported Jun '20 quarterly earnings +12% on +15% sales revenues versus the year ago period. Noted with caution in prior mid-day reports - "Reported Mar '20 quarterly earnings +16% on +20% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria). Went through a deep pullback and rebounded impressively since dropped from the Featured Stocks list on 3/11/20."
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DXCM - NASDAQ - Medical-Systems/Equip Dexcom Inc	$392.35	-10.01 -2.49%	$400.32	$456.23	-14.00%	554,276 72.17%	768,000
Most Recent Note for DXCM - 9/28/2020 12:17:40 PM Pulled back from its all-time high and slumped below its 50 DMA line ($417.63). Subsequent gains above the 50 DMA line are needed for its outlook to improve. Reported strong earnings increases versus the year-ago quarters through Jun '20 with solid underlying sales revenues growth. Annual earnings were strong for FY '18 and '19 after years of losses.
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EXPI - NASDAQ - Real Estate Dvlpmt/Ops Exp Worldwide Holdings Inc	$40.60	+1.20 3.05%	$42.00	$46.58	-12.84%	651,361 61.62%	1,057,000
Most Recent Note for EXPI - 9/28/2020 12:18:13 PM This REIT has been holding its ground stubbornly and is hovering at its all-time high. Very extended from any sound base after an impressive streak of gains. Prior mid-day reports cautioned - "Limited history and sub par fundamentals are a concern."
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$36.89	+0.87 2.42%	$37.02	$38.87	-5.09%	606,667 100.78%	602,000
Most Recent Note for GMAB - 9/28/2020 12:19:32 PM Gapped up today rebounding above its 50 DMA line ($36.44) after damaging volume-driven losses. Encountered distributional pressure in recent weeks after wedging to a new all-time high. Reported Jun '20 quarterly earnings +999% on +596% sales revenues versus the year ago period its 4th consecutive strong quarterly comparison. Limited history remains a concern and has not been a good match with the fundamental guidelines of the fact-based investment system.
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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$140.66	+8.17 6.17%	$143.64	$135.00	4.19%	75,649 142.73%	53,000
Most Recent Note for GRVY - 9/28/2020 12:20:33 PM Hitting yet another new all-time high with today's volume-driven gain. Held its ground stubbornly following a recent spurt of volume-driven gains. Prior mid-day reports noted - "Reported Jun '20 quarterly earnings +16% on +9% sales revenues versus the year ago period. Prior quarterly comparisons showed waning sales revenues and lower earnings versus the year ago periods. Limited annual earnings (A criteria) history is a concern for this Korean Computer Software firm."
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MDJH - NASDAQ - Real Estate Dvlpmt/Ops MDJM Ltd	$4.73	+0.43 10.00%	$4.95	$5.07	-6.71%	24,760 154.75%	16,000
Most Recent Note for MDJH - 9/28/2020 12:20:52 PM Chinese firm with sub par fundamentals.
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MKC - NYSE - FOOD & BEVERAGE - Processed & Packaged Goods Mccormick & Co	$195.04	+3.47 1.81%	$196.56	$211.07	-7.59%	426,456 89.78%	475,000
Most Recent Note for MKC - 9/28/2020 12:32:23 PM Rebounding toward its 50 DMA line ($198) after damaging volume-driven losses. Reported earnings +27% on +8% sales revenues for the May '20 quarter. Fundamental concerns remain and it was noted with caution in prior mid-day reports - "Earnings history is not a match with the fact-based investment system's guidelines (C criteria)."
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SAP - NYSE - COMPUTER SOFTWARE & SERVICES - Application Software S A P Ag Adr	$156.92	+4.86 3.20%	$157.15	$169.30	-7.31%	396,994 74.20%	535,000
Most Recent Note for SAP - 9/28/2020 12:33:15 PM Slumped well below its 50 DMA line ($161) with recent losses. While retreating from its all-time high prior mid-day reports repeatedly noted - "Reported earnings +6% on +0% sales revenues for the quarter ended June 30, 2020 versus the year ago period, and prior comparisons were below the +25% minimum earnings guideline (C criteria). Earnings and sales revenues growth rates have been below guidelines. It also has a huge supply of 1.19 billion shares outstanding (S criteria), making it less likely to be a good sprinter."
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SCPL - NASDAQ - Computer Sftwr-Gaming Sciplay Corporation	$16.00	+0.10 0.63%	$16.85	$17.23	-7.14%	507,534 58.95%	861,000
Most Recent Note for SCPL - 9/28/2020 12:35:46 PM Reversed much of today's early gain, yet it has recently been challenging its 52-week high. Found support at its 200 DMA line during its consolidation since noted in the 8/04/20 mid-day report - "Reported Jun '20 quarterly earnings +200% on +40% sales revenues versus the year ago period. Prior history is limited since it completed its $16 IPO on 5/03/19."
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SLP - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services Simulations Plus Inc	$72.52	+1.54 2.17%	$74.53	$73.58	-1.44%	170,545 69.61%	245,000
Most Recent Note for SLP - 9/28/2020 12:40:25 PM Found support while recently consolidating above its 50 DMA line ($64.19) and it hit a new all-time high earlier today with its 5th consecutive gain. Priced a new $100 million Public Offering when noted in the 8/06/20 mid-day report with caution - "Reported earnings +0% on +24% sales revenues for the May '20 quarter versus the year-ago period and fundamental concerns remain. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Quarterly sales revenues totals have been in the $6-10 million range, growing, but still rather minuscule for publicly traded companies. Has a new CEO effective 6/26/18."
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SNX - NYSE - COMPUTER SOFTWARE & SERVICES - Technical & System Software Synnex Corp	$131.73	+3.73 2.91%	$132.14	$153.07	-13.94%	176,678 59.49%	297,000
Most Recent Note for SNX - 9/28/2020 12:43:59 PM Reported earnings -36% on -3% sales revenues for the May '20 quarter versus the year ago period, its 3rd consecutive quarterly comparison below the minimum +25% earnings guideline (C criteria). Went through a deep consolidation since last noted with caution in the 1/13/20 mid-day report - "Annual earnings (A criteria) history has been strong and steady."
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TTGT - NASDAQ - Comml Svcs-Advertising Techtarget Inc	$43.84	+1.57 3.71%	$44.47	$42.99	1.98%	218,979 75.77%	289,000
Most Recent Note for TTGT - 9/28/2020 12:46:47 PM Hitting a new 52-week high with today's 3rd consecutive gain. Found support above its 50 DMA line ($38.95) during the recent consolidation. The 9/08/20 mid-day report last noted - "Reported earnings +8% on +1% sales revenues for the Jun '20 quarter, its 2nd consecutive quarterly comparison with earnings below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been strong after a downturn in FY '16."
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UMC - NYSE - ELECTRONICS - Semiconductor - Integrated Cir United Microelectrnc Adr	$4.92	+0.69 16.19%	$4.93	$4.69	4.80%	2,147,913 90.63%	2,370,000
Most Recent Note for UMC - 9/28/2020 12:48:19 PM Gapped up today hitting a new 52-week high. Found prompt support at its 50 DMA line ($3.90) while recently consolidating Reported Jun '20 quarterly earnings +350% on +30% sales revenues versus the year-ago period. Reported strong sales revenues and earnings increases in the Dec '19 and Mar '20 quarterly comparisons versus the year ago periods. Prior quarterly and annual earnings history has been erratic and not a good match with the fact-based investment system's fundamental guidelines.
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VEEV - NYSE - Computer Sftwr-Medical Veeva Systems Inc Cl A	$284.90	+10.94 3.99%	$287.18	$298.76	-4.64%	705,792 92.62%	762,000
Most Recent Note for VEEV - 9/28/2020 12:52:02 PM It still has not formed a sound base of sufficient length yet found prompt support in recent weeks after it abruptly retreated from its all-time high. The 9/04/20 mid-day report last cautioned members - "Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Reported earnings +31% on +33% sales revenues for the Jul '20 quarter versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria)."
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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$492.72	-3.78 -0.76%	$519.77	$529.74	-6.99%	9,056,055 92.64%	9,776,000
Most Recent Note for ZM - 9/28/2020 12:52:46 PM Very extended from any sound base and hovering today near its all-time high following streak of gains marked by above average volume. Reported Jul '20 quarterly earnings +999% on +355% sales revenues versus the year ago period. Prior quarterly comparisons also showed very strong sales revenues and great earnings increases well above the +25% minimum guideline (C criteria). Completed its $36.00 IPO on 4/18/19. Limited annual history (A criteria) has been noted as a concern.
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