Mid-Day Breakouts Report - Tuesday, September 29th, 2020

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MIDDAY BREAKOUTS REPORT - TUESDAY, SEPTEMBER 29TH, 2020
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DOW 27385.69 -198.37 (-0.72%) | NASDAQ 11088.63 -28.9 (-0.26%) | S&P 500 3332.24 -19.36 (-0.58%)

Time of Screening : 9/29/2020 12:37:50 PM Report Released : 9/29/2020 1:16:47 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
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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	$34.61	+0.10 0.29%	$35.05	$34.95	-0.97%	40,906 81.81%	50,000
Most Recent Note for AMRK - 9/29/2020 12:39:46 PM Reported very strong Jun '20 quarterly sales revenues and earnings increases versus the year ago period. Perched at its all-time high after 3 consecutive gains. 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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AVNW - NASDAQ - Telecom-Infrastructure Aviat Networks Inc	$22.18	+1.37 6.58%	$23.50	$22.49	-1.38%	67,002 191.43%	35,000
Most Recent Note for AVNW - 9/29/2020 12:42:37 PM Spiked to a new 52-week high earlier today but erased most of the gain. Found prompt support near its 50 DMA line ($20.70). Last noted with caution in the 9/02/20 mid-day report - "Reported Jun '20 quarterly earnings +60% on -2% sales revenues versus the year ago period. 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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BIG - NYSE - RETAIL - Discount, Variety Stores Big Lots Inc	$49.00	+1.24 2.60%	$51.90	$57.24	-14.40%	3,906,237 272.02%	1,436,000
Most Recent Note for BIG - 9/29/2020 12:44:09 PM Reported better than expected results for the Jul '20 quarter with earnings +419% on +31% sales revenues versus the year ago period. Consolidating above its 50 DMA line ($46.52). It has made choppy progress since noted since noted in the 6/29/20 mid-day report - "Reported earnings +37% on +11% sales revenues for the Apr '20 quarter. Prior quarters showed below +25% earnings increases (C criteria) versus the year ago periods and a sub par sales revenues growth rate leaving fundamental concerns. "
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DAR - NYSE - Agricultural Operations Darling International	$34.98	+1.11 3.28%	$35.15	$36.09	-3.08%	780,270 60.77%	1,284,000
Most Recent Note for DAR - 9/29/2020 12:45:10 PM Pulled back from its all-time high and tested support at its 50 DMA line ($31.96). Noted with caution in prior mid-day reports - "Recent quarterly comparisons through Jun '20 showed great earnings improvement, but sales revenues growth has been flat. Annual earnings history included a downturn in FY '17."
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DQ - NYSE - Energy-Solar Daqo New Energy Corp Ads	$130.93	+1.01 0.78%	$133.65	$137.03	-4.45%	182,558 57.95%	315,000
Most Recent Note for DQ - 9/29/2020 12:46:54 PM Perched within striking distance of its all-time high with today's 3rd consecutive gain since retesting support at its 50 DMA line ($115.48). On 4/12/18 a new Public Offering was completed. Reported very strong Mar and Jun '20 quarterly results versus the year ago periods, but it was repeatedly noted in prior mid-day reports with caution - "China-based firm in the Energy - Solar industry has not shown strong and steady earnings growth meeting the fact-based investment systems fundamental guidelines (C and A criteria)."
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EXEL - NASDAQ - DIVERSIFIED SERVICES - Research Services Exelixis Inc	$24.53	+0.80 3.35%	$24.60	$27.80	-11.78%	1,259,243 61.97%	2,032,000
Most Recent Note for EXEL - 9/29/2020 12:48:06 PM Pulled back and found support at its 50 DMA line after challenging prior highs. The 9/21/20 mid-day report noted - "Recent quarterly comparisons through Jun '20 show sub par sales revenues growth and lower earnings versus year-ago periods. Annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines calling for 3-5 years of strong steady earnings growth."
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FIX - NYSE - MATERIALS & CONSTRUCTION - General Contractors Comfort Systems U S A	$51.50	-0.34 -0.66%	$52.13	$55.59	-7.36%	219,152 74.80%	293,000
Most Recent Note for FIX - 9/29/2020 12:54:16 PM Consolidating within striking distance of its 52-week high, finding prompt support recently at its 50 DMA line ($50.64). Reported earnings +66% on +14% sales revenues for the Jun '20 quarter versus the year ago period, but prior quarterly comparisons have not shown earnings strong and steady above the +25% minimum guideline (C criteria).
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$37.19	+0.24 0.64%	$37.68	$38.87	-4.33%	1,308,805 213.16%	614,000
Most Recent Note for GMAB - 9/29/2020 12:55:37 PM Up today for a 3rd consecutive gain with ever-increasing volume, rebounding above its 50 DMA line ($36.48) 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	$145.10	+1.11 0.77%	$150.00	$143.99	0.77%	106,623 190.40%	56,000
Most Recent Note for GRVY - 9/29/2020 12:56:22 PM Hitting yet another new all-time high with today's 2nd consecutive volume-driven gain. Held its ground stubbornly following a recent spurt of volume-driven gains. Prior mid-day reports cautioned members - "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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KMX - NYSE - SPECIALTY RETAIL - Auto Dealerships Carmax Inc	$92.99	-2.06 -2.17%	$94.89	$109.31	-14.93%	932,816 72.20%	1,292,000
Most Recent Note for KMX - 9/29/2020 12:57:02 PM Retreated from its all-time high with a gap down and volume-driven loss on 9/24/20 violating its 50 DMA line ($102.47). Reported earnings +28% on +3% sales revenues for the Aug '20 quarter versus the year ago period. The prior 5 consecutive quarterly comparisons were below the +25% minimum guideline (C criteria) of the fact-based investment system. Annual earnings (A criteria) improved steadily following a downturn in FY '09.
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LPX - NYSE - MATERIALS & CONSTRUCTION - Lumber, Wood Production Louisiana Pacific Corp	$30.56	-0.72 -2.29%	$31.79	$34.35	-11.05%	779,718 59.29%	1,315,000
Most Recent Note for LPX - 9/29/2020 12:58:28 PM Quarterly comparisons for Mar and Jun '20 showed lackluster sales revenues and yet earnings increases were well above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) is another fundamental concern.
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LRCX - NASDAQ - ELECTRONICS - Semiconductor Equipment & Mate Lam Research Corp	$337.85	+2.54 0.76%	$342.56	$387.70	-12.86%	1,030,206 57.81%	1,782,000
Most Recent Note for LRCX - 9/29/2020 12:59:50 PM Rebounding toward its all-time high after finding support in recent weeks at its 200 DMA line ($301). This widely held Electronics - Semiconductor Equipment firm reported Jun '20 quarterly earnings +32% on +18% sales revenues versus the year ago period. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria) or down from the year ago periods.
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MDJH - NASDAQ - Real Estate Dvlpmt/Ops MDJM Ltd	$5.12	+0.19 3.90%	$5.70	$5.85	-12.52%	114,055 600.29%	19,000
Most Recent Note for MDJH - 9/29/2020 1:00:34 PM Chinese firm with sub par fundamentals.
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MKC - NYSE - FOOD & BEVERAGE - Processed & Packaged Goods Mccormick & Co	$188.16	-7.02 -3.60%	$193.16	$211.07	-10.85%	1,551,677 313.47%	495,000
Most Recent Note for MKC - 9/29/2020 1:01:57 PM Gapped down today retreating further below its 50 DMA line ($198) with another damaging volume-driven loss. Reported earnings +5% on +8% sales revenues for the Aug '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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PKI - NYSE - Medical-Research Eqp/Svc Perkinelmer Inc	$122.77	+0.88 0.72%	$124.66	$123.21	-0.36%	554,058 65.34%	848,000
Most Recent Note for PKI - 9/29/2020 1:04:40 PM Hitting a new all-time high with higher volume behind today's 4th consecutive gain. Found support at its 50 DMA line during its consolidation after noted with caution in the 7/29/20 mid-day report. The 8/27/20 mid-day report last cautioned members - "Reported earnings +57% on +12% sales revenues for the Jun '20 quarter versus the year ago period. Fundamental concerns remain. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been gradually improving after a downturn in FY '15."
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PRSC - NASDAQ - HEALTH SERVICES - Specialized Health Services Providence Service Corp	$88.02	-1.10 -1.23%	$91.98	$99.07	-11.16%	51,309 60.36%	85,000
Most Recent Note for PRSC - 9/29/2020 1:06:17 PM Pulled back from its all-time high and found support near its 50 DMA line ($88.49) during its recent consolidation. Last noted with caution in the 8/14/20 mid-day report - "Fundamentals are not a match with the C and A guidelines of the fact-based investment system."
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RH - NYSE - RETAIL - Home Furnishing Stores Restoration Hardware Hld	$379.21	+18.15 5.03%	$385.01	$410.49	-7.62%	425,047 67.15%	633,000
Most Recent Note for RH - 9/29/2020 1:08:17 PM Gapped up today. Found prompt support near its 20 DMA line ($357) while consolidating following a big gap up on 9/10/20 hitting new all-time highs. Noted in prior mid-day reports with caution - "Found support at its 50 DMA line during a brief consolidation. It rebounded and rallied impressively after a deep pullback. Reported earnings +53% on +0% sales revenues for the Jul '20 quarter. Fundamental concerns remain. Annual earnings history (A criteria) has improved greatly since a downturn in FY 17. It was dropped from the Featured Stocks list on 8/24/15."
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RLGT - AMEX - Transportation-Logistics Radiant Logistics Inc	$5.62	+0.41 7.87%	$5.79	$5.94	-5.39%	217,150 115.51%	188,000
Most Recent Note for RLGT - 9/29/2020 1:08:53 PM Gapped up today after a brief consolidation above its 50 DMA line. Reported earnings +20% on +36% sales revenues for the Jun '20 quarter versus the year ago period, and prior quarterly comparisons did not have earnings increases above the +25% minimum guideline (C criteria). Went through a long consolidation since noted with caution in the 5/21/19 mid-day report - "Fundamental concerns remain with respect to its up and down annual earnings (A criteria). Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied."
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SHOP - NYSE - Computer Sftwr-Enterprse Shopify Inc	$1,009.44	+42.94 4.44%	$1,010.00	$1,146.91	-11.99%	1,314,619 59.40%	2,213,000
Most Recent Note for SHOP - 9/29/2020 1:12:18 PM It is rebounding above its 50 DMA line ($993) with today's 3rd consecutive gain, however it has encountered distributional pressure in recent weeks and has not formed a sound base of sufficient length. Reported Jun '20 quarterly earnings +950% on +97% sales revenues versus the year ago period when last noted with caution in the 7/29/20 mid-day report - "Patient investors may watch for a new base or secondary buy point to possibly develop and be noted in the weeks ahead. Technically, it broke out in late January and then went through a deep consolidation before rebounding and rallying impressively into new all-time high territory. The Ontario, Canada-based Computer Software - Enterprise firm's past 3 quarters showed earnings increases well above the +25% minimum guideline (C criteria). After years of losses it had strong earnings growth in FY '17-19 (A criteria)."
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SNX - NYSE - COMPUTER SOFTWARE & SERVICES - Technical & System Software Synnex Corp	$132.61	+1.11 0.84%	$133.21	$153.07	-13.37%	244,645 81.01%	302,000
Most Recent Note for SNX - 9/29/2020 1:12:40 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 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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TFII - NYSE - Transportation-Truck TFI International Inc	$41.72	+0.52 1.26%	$42.01	$46.09	-9.48%	117,482 57.87%	203,000
Most Recent Note for TFII - 9/29/2020 1:14:15 PM Slumped from its 52-week high and has been sputtering below its 50 DMA line ($43.12) since last noted with caution in the 8/26/20 mid-day report - "Limited trading history and sub par fundamentals are a concern for this Canada-based Transportation - Truck and logistics services firm."
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UMC - NYSE - ELECTRONICS - Semiconductor - Integrated Cir United Microelectrnc Adr	$4.76	-0.20 -3.94%	$4.77	$4.97	-4.13%	2,343,313 95.84%	2,445,000
Most Recent Note for UMC - 9/29/2020 1:15:25 PM Gapped down today, pulling back after gapping up and hitting a new 52-week high on the prior session when noted with caution in the mid-day report - "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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ZM - NASDAQ - Computer Sftwr-Enterprse Zoom Video Comm Cl A	$479.78	-7.88 -1.62%	$489.80	$529.74	-9.43%	6,040,041 60.18%	10,036,000
Most Recent Note for ZM - 9/29/2020 1:16:05 PM Very extended from any sound base and still hovering 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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