Mid-Day Breakouts Report - Friday, October 7th, 2022

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MIDDAY BREAKOUTS REPORT - FRIDAY, OCTOBER 7TH, 2022
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DOW 29457.96 -468.98 (-1.57%) | NASDAQ 10766.76 -306.55 (-2.77%) | S&P 500 3669.85 -74.67 (-1.99%)

Time of Screening : 10/7/2022 11:50:20 AM Report Released : 10/7/2022 12:15:01 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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
ACGL - NASDAQ - INSURANCE - Property & Casualty Insurance Arch Capital Group Ltd	$46.64	-1.36 -2.84%	$47.74	$50.73	-8.07%	887,687 62.43%	1,422,000
Most Recent Note for ACGL - 10/7/2022 11:52:39 AM Pulling back this week after rallying within striking distance of its 52-week high. Rebounded from 2022 low back above its 50 and 200 DMA lines with volume-driven gains. Reported earnings +34% on -14% sales revenues for the Jun '22 quarter. Sub par sales revenues growth and its up and down annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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ATCO - NYSE - Finance-Investment Mgmt Atlas Corp	$15.03	+0.98 6.98%	$15.06	$16.23	-7.39%	6,111,305 374.70%	1,631,000
Most Recent Note for ATCO - 10/7/2022 11:54:54 AM Consolidating since a gap up on 8/05/22 following M&A news. Annual earnings (A criteria) history has been erratic.
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BBSI - NASDAQ - DIVERSIFIED SERVICES - Staffing & Outsourcing Service Barrett Business Svcs	$79.08	-0.26 -0.33%	$80.11	$86.82	-8.91%	28,490 67.83%	42,000
Most Recent Note for BBSI - 10/7/2022 11:56:53 AM Slumped and lingered below its 50 DMA line since noted with caution in the 8/04/22 mid-day report near its 52-week high - "Reported Jun '22 quarterly earnings +11% on +12% sales revenues versus the year ago period and fundamental concerns remain. Its annual earnings (A criteria) history has not been strong and steady."
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DGII - NASDAQ - COMPUTER HARDWARE - Networking & Communication Dev Digi International Inc	$36.93	-0.73 -1.93%	$37.56	$38.95	-5.20%	303,586 76.09%	399,000
Most Recent Note for DGII - 10/7/2022 11:58:37 AM Perched near its 52-week high following noted volume-driven gains. Its 50 DMA line ($33.45) and prior lows in the $31 area define near-term support to watch. Prior mid-day reports noted - "Earnings rose +80% for the Jun '22 quarter versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria). Annual earnings history included a downturn in FY '17-18."
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HES - NYSE - ENERGY - Oil &; Gas Refining &; Marketing Hess Corp	$130.69	+0.31 0.24%	$131.83	$131.44	-0.57%	957,194 52.05%	1,839,000
Most Recent Note for HES - 10/7/2022 12:00:27 PM Quickly rebounded from its 200 DMA to hit a new 52-week high today following 7 volume-driven gains in the prior 8 sessions. It showed very strong sales revenues and earnings increases in the Jun '22 quarter versus the year ago period, its 6th strong quarterly comparison. Annual earnings history has not been a match with the fundamental guidelines of the fact-based investment system.
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LPLA - NASDAQ - Finance-Invest Bnk/Bkrs L P L Financial Holdings	$242.03	-4.39 -1.78%	$243.49	$247.00	-2.01%	487,454 60.11%	811,000
Most Recent Note for LPLA - 10/7/2022 12:01:37 PM Pulling back from a new all-time high with today's loss after 5 consecutive gains backed by ever-increasing volume. Found support near its 50 DMA line ($225.67) since noted in the 9/26/22 mid-day report with caution - "Reported earnings +21% on +7% sales revenues for the quarter ended June 30, 2022 versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Up and down annual earnings (A criteria) history is not a match with the fact-based investment system."
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MVO - NYSE - ENERGY - Oil & Gas Drilling & Explorati M V Oil Trust	$14.88	+0.18 1.22%	$14.99	$15.07	-1.26%	77,332 108.92%	71,000
Most Recent Note for MVO - 10/7/2022 12:04:25 PM Hit a new all-time high on the prior session with a 5th consecutive gain backed by ever-increasing volume. Prior mid-day reports noted - "Found support near its 200 DMA line in recent months. Recent quarterly comparisons through Jun '22 showed sales revenues and earnings greatly improving over the year ago periods. Erratic annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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OVV - NYSE - Oil&Gas-Intl Expl&Prod Ovintiv Inc	$56.28	+0.50 0.90%	$56.39	$63.30	-11.09%	1,888,668 53.05%	3,560,000
Most Recent Note for OVV - 10/7/2022 12:08:07 PM Rebounded from below its 200 DMA toward the 52-week high with a streak of 9 consecutive gains marked by volume. Quarterly comparisons through Jun '22 showed great earnings increases over the year ago periods. Annual earnings (A criteria) history is not a match with the fact-based system's fundamental guidelines.
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PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$23.00	-0.18 -0.78%	$23.17	$23.49	-2.09%	238,674 55.90%	427,000
Most Recent Note for PGTI - 10/7/2022 12:10:11 PM Perched near its 52-week high following volume-driven gains. Overhead supply remains to act as resistance up to the $28 level. Reported earnings +272% on +42% sales revenues for the Jun '22 quarter versus the year ago period, its 3rd strong quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18.
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VOC - NYSE - Oil&Gas-Royalty Trust V O C Energy Trust	$7.94	+0.17 2.19%	$7.99	$8.44	-5.92%	72,448 60.37%	120,000
Most Recent Note for VOC - 10/7/2022 12:11:51 PM Rebounded within close striking distance of its 52-week high with today's 9th consecutive gain. Recent quarterly comparisons through Jun '22 showed great percentage earnings increases over the year ago periods. Sales revenues totals have been rather minuscule relative to most publicly traded companies worthy of serious consideration under the fact-based investment system.
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WCN - NYSE - MATERIALS & CONSTRUCTION - Waste Management Waste Connections Inc	$132.24	-2.48 -1.84%	$134.51	$148.20	-10.77%	708,524 67.87%	1,044,000
Most Recent Note for WCN - 10/7/2022 12:13:26 PM Abruptly slumped well below its 50 DMA line this week testing its 200 DMA line ($131.69). Stalled and encountered distributional pressure after reaching a new all-time high and noted with caution in prior mid-day reports - "Reported earnings +23% on +18% sales revenues for the quarter ended June 30, 2022 versus the year ago period. Prior quarterly comparisons have not shown strong and steady earnings increases above the +25% minimum guideline (C criteria). Annual earnings (A criteria) track record included a slight downturn in FY '20."
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XOM - NYSE - ENERGY - Major Integrated Oil & Gas Exxon Mobil Corp	$103.04	+0.98 0.96%	$103.32	$105.57	-2.40%	10,544,562 53.05%	19,877,000
Most Recent Note for XOM - 10/7/2022 12:14:47 PM Rallying within close striking distance of multi-year highs with today's 5th consecutive volume-driven gain. Found prompt support at its 200 DMA line ($85.87). Noted with caution in prior mid-day reports - "Recent quarterly comparisons through Jun '22 showed strong sales revenues and earnings increases over the year ago periods. Annual earnings (A criteria) history has been erratic."
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