Mid-Day Breakouts Report - Wednesday, September 30th, 2020

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, SEPTEMBER 30TH, 2020
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DOW 27889.03 436.37 (1.59%) | NASDAQ 11235.2 149.95 (1.35%) | S&P 500 3376.29 40.82 (1.22%)

Time of Screening : 9/30/2020 12:04:48 PM Report Released : 9/30/2020 12:36:33 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
BABA - NYSE - INTERNET - Internet Software & Services Alibaba Group Holding Limited	$291.66	+14.73 5.32%	$292.13	$299.00	-2.46%	12,719,963 96.41%	13,193,000
Most Recent Note for BABA - 9/30/2020 12:08:05 PM Gapped up today rebounding toward its all-time high. Consolidated in an orderly fashion building a base-on-base pattern during which it found support at its 50 DMA line. Reported earnings +15% on +30% sales revenues for the Jun '20 quarter, a 2nd consecutive quarterly comparison below the +25% minimum guideline (C criteria). Owned already by 4,111 top-rated funds. The fact-based investment system's guidelines suggest finding stocks when just beginning to attract institutional interest. Completed its $68 IPO on 9/19/14.
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CCC - NYSE - Computer Sftwr-Enterprse Clarivate Plc	$31.86	+2.32 7.85%	$31.97	$30.39	4.84%	1,207,753 116.24%	1,039,000
Most Recent Note for CCC - 9/30/2020 12:13:00 PM Hitting a new 52-week high today with today's big volume-driven gain. Prior sales revenues and earnings history in quarterly comparisons and its up and down annual earnings history make it not a match with the guidelines (C and A criteria) of the fact-based investment system.
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CCS - NYSE - Bldg-Resident/Comml Century Communities Inc	$42.95	+2.75 6.84%	$43.05	$41.39	3.77%	253,479 71.60%	354,000
Most Recent Note for CCS - 9/30/2020 12:14:17 PM Hitting a new all-time high with today's 3rd consecutive gain. Rebounded impressively after a deep consolidation since noted with caution in the 2/12/20 mid-day report. Reported Jun '20 quarterly earnings +49% on +25% sales revenues versus the year ago period, its 3rd strong quarterly comparison. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history (A criteria) is not a good match with the fact-based investment system.
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DDOG - NASDAQ - Computer Sftwr-Enterprse Datadog Inc	$101.80	+10.88 11.97%	$103.00	$98.99	2.84%	10,539,673 238.99%	4,410,000
Most Recent Note for DDOG - 9/30/2020 12:16:26 PM Hitting a new 52-week high with today's big volume-driven gain. When consolidating above its 50 DMA line ($86.11) the 9/18/20 mid-day report last noted - "Versus losses in the year ago periods it reported earnings in the Dec '19, Mar and Jun '20 quarters with strong underlying sales revenues growth. Produced losses in annual earnings (A criteria) history through '19. Limited history is a concern since completing its $27 IPO on 9/19/19."
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DQ - NYSE - Energy-Solar Daqo New Energy Corp Ads	$135.99	+5.44 4.17%	$138.10	$137.03	-0.76%	307,364 100.78%	305,000
Most Recent Note for DQ - 9/30/2020 12:17:13 PM Hitting a new all-time high with today's 4th consecutive gain since retesting support at its 50 DMA line ($116.42). 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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GRVY - NASDAQ - Computer Sftwr-Gaming Gravity Co Ltd Ads	$144.76	+4.42 3.15%	$146.90	$150.00	-3.50%	36,627 63.15%	58,000
Most Recent Note for GRVY - 9/30/2020 12:18:35 PM Perched at its all-time high today after volume-driven gains. 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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LEN - NYSE - Bldg-Resident/Comml Lennar Corp Cl A	$81.43	+2.46 3.12%	$81.73	$80.34	1.36%	1,707,471 65.80%	2,595,000
Most Recent Note for LEN - 9/30/2020 12:20:25 PM Hitting a new all-time high today. Found support at its 50 DMA line ($75.65) during a brief consolidation. Last noted in the 9/16/20 mid-day report - "Reported earnings +33% on +0% sales revenues for the Aug '20 quarter versus the year ago period. Fundamental concerns remain. Its annual earnings history (A criteria) has been erratic. It was dropped from the Featured Stocks list on 5/01/05."
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LPX - NYSE - MATERIALS & CONSTRUCTION - Lumber, Wood Production Louisiana Pacific Corp	$29.60	-0.66 -2.18%	$30.03	$34.35	-13.83%	1,133,328 84.51%	1,341,000
Most Recent Note for LPX - 9/30/2020 12:21:39 PM Met resistance after recently slumping below its 50 DMA line ($31.66). 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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MAS - NYSE - MANUFACTURING - Industrial Equipment & Compone Masco Corp	$55.78	-0.35 -0.61%	$56.90	$60.16	-7.29%	1,238,054 66.78%	1,854,000
Most Recent Note for MAS - 9/30/2020 12:22:39 PM Reported earnings +14% on -1% sales revenues for the Jun '20 quarter versus the year ago period. Fundamental concerns remain due to sub par sales revenues growth not indicative of great demand for new products or services (N criteria).
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NEE - NYSE - UTILITIES - Electric Utilities Nextera Energy Inc	$277.19	-5.93 -2.09%	$283.13	$299.30	-7.39%	3,085,655 185.77%	1,661,000
Most Recent Note for NEE - 9/30/2020 12:24:03 PM Pulling back below its 50 DMA line ($280.99) with today's big volume-driven loss. Stalled after hitting a new all-time high on 9/15/20 with a big "breakaway gap" after raising guidance. This Utility - Electric firm is not a match with the fact-based investment system's fundamental guidelines (C and A criteria).
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NVO - NYSE - DRUGS - Drug Manufacturers - Other Novo Nordisk A/S Adr	$69.32	-0.90 -1.28%	$69.60	$70.46	-1.62%	619,819 67.67%	916,000
Most Recent Note for NVO - 9/30/2020 12:25:43 PM This Denmark-based Medical - Ethical Drug firm is perched near its all-time high after a volume-driven gain on the prior session. Near-term support to watch is at its 50 DMA line ($66.79). Reported earnings +11% on -1% sales revenues for the Jun '20 quarter versus the year ago period. Fundamental concerns remain.
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REGI - NASDAQ - Energy-Alternative/Other Renewable Energy Grp Inc	$54.11	+4.09 8.18%	$54.22	$50.32	7.53%	963,497 116.79%	825,000
Most Recent Note for REGI - 9/30/2020 12:26:32 PM Hitting a new 52-week high with today's 3rd consecutive gain with ever-increasing volume. Prior mid-day reports cautioned members - "Fundamental concerns remain."
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REGN - NASDAQ - DRUGS - Biotechnology Regeneron Pharmaceutical	$567.58	-6.03 -1.05%	$589.77	$664.64	-14.60%	1,168,667 170.36%	686,000
Most Recent Note for REGN - 9/30/2020 12:28:14 PM Sputtering below its 50 DMA line ($599) which has been downward sloping since last noted with caution in the 9/01/20 mid-day report - "Completed a Secondary Offering on 5/28/20. Reported earnings +19% on +24% sales revenues for the Jun '20 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). After a downturn in FY '15 earnings its annual earnings (A criteria) growth has been strong."
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SAIL - NYSE - Computer Sftwr-Security Sailpoint Tech Holdings	$41.34	+2.90 7.54%	$42.62	$41.29	0.12%	1,899,166 148.84%	1,276,000
Most Recent Note for SAIL - 9/30/2020 12:30:44 PM Hitting another new 52-week high with today's big volume-driven gain after a brief consolidation above its 50 DMA line ($36.36). Last noted with caution in the 8/26/20 mid-day report - "Held its ground after a 'breakaway gap' on 8/07/20. Bullish action came after it reported Jun '20 quarterly earnings per share of 15 cents compared to a 1 cent loss on +47% sales revenues versus the year ago period. Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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SEDG - NASDAQ - Energy-Solar Solaredge Technologies	$241.85	+10.35 4.47%	$245.78	$231.83	4.32%	697,039 64.78%	1,076,000
Most Recent Note for SEDG - 9/30/2020 12:32:32 PM Hitting a new all-time high with today's 6th consecutive gain in a streak marked by above average volume. Prior mid-day reports cautioned members - "Reported earnings +3% on +2% sales revenues for the Jun '20 quarter versus the year ago period, below the +25% minimum earnings guideline (C criteria). Annual earnings history has been strong and steady (A criteria)."
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SHW - NYSE - MATERIALS & CONSTRUCTION - General Building Materials Sherwin-Williams Co	$702.26	-3.41 -0.48%	$715.00	$725.91	-3.26%	274,848 61.21%	449,000
Most Recent Note for SHW - 9/30/2020 12:33:18 PM Hovering near its all-time high with volume totals cooling. Reported earnings +8% on -6% sales revenues for the Jun '20 quarter. Fundamental concerns remain as prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) increases have been improving since a downturn in FY '07 - '09.
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SNX - NYSE - COMPUTER SOFTWARE & SERVICES - Technical & System Software Synnex Corp	$140.48	+8.12 6.13%	$144.00	$153.07	-8.22%	672,155 214.06%	314,000
Most Recent Note for SNX - 9/30/2020 12:34:57 PM Gapped up today rallying toward its 52-week and all-time high. Reported earnings +1% on +4% sales revenues for the Aug '20 quarter versus the year ago period, its 4th 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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VSTO - NYSE - CONSUMER NON-DURABLES - Personal Products Vista Outdoor Inc	$20.43	+1.33 6.94%	$20.43	$22.60	-9.62%	1,822,461 145.80%	1,250,000
Most Recent Note for VSTO - 9/30/2020 12:36:27 PM Abruptly retreated after challenging its 52-week high last week. Found prompt support again at its 50 DMA line ($19.28) which acted as support in recent weeks while consolidating after hitting new multi-year highs. Concerns remain as when noted in the 6/19/20 mid-day report - "Prior quarterly sales revenues and earnings growth history is not a match with the fact-based investment system's fundamental guidelines."
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