Mid-Day Breakouts Report - Friday, October 9th, 2020

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MIDDAY BREAKOUTS REPORT - FRIDAY, OCTOBER 9TH, 2020
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DOW 28648.34 222.83 (0.78%) | NASDAQ 11537.03 116.05 (1.02%) | S&P 500 3469.96 23.13 (0.67%)

Time of Screening : 10/9/2020 12:06:58 PM Report Released : 10/9/2020 12:41:34 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 55% 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
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
AMD - NYSE Advanced Micro Devices	$83.21	-3.30 -3.81%	$85.75	45,732,152 80.42% of 50 DAV 50 DAV is 56,865,000	$94.28 -11.74%	8/31/2020	$90.42	PP = $87.39 MB = $91.76
Most Recent Note - 10/9/2020 12:09:56 PM G - Recently found support near its 50 DMA line ($81.97). Any deterioration below the 50 DMA line and the recent low ($73.85 on 9/18/20) would raise greater concerns and trigger more worrisome technical sell signals. It has not formed a sound base of sufficient length and faces some resistance due to overhead supply up to the $94 level. Fundamentals remain strong. >>> The latest Featured Stock Update with an annotated graph appeared on 9/28/2020. Click here.
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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	$36.10	+0.05 0.12%	$36.35	$36.10	-0.01%	32,929 55.81%	59,000
Most Recent Note for AMRK - 10/9/2020 12:10:35 PM Reported very strong Jun '20 quarterly sales revenues and earnings increases versus the year ago period. Hitting another new all-time high today, getting more extended from any sound base. 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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BIPC - NYSE - Finance-Investment Mgmt Brookfield Omfra Corp	$56.90	-0.06 -0.11%	$57.43	$59.19	-3.87%	103,553 61.27%	169,000
Most Recent Note for BIPC - 10/9/2020 12:12:29 PM Extended from any sound base, it hit another new 52-week high with a gain backed by above average volume on 10/07/20. The 9/18/20 mid-day report last cautioned members - "Fundamental concerns remain for this Canada-based Financial firm."
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DDOG - NASDAQ - Computer Sftwr-Enterprse Datadog Inc	$111.59	+8.93 8.70%	$112.86	$109.60	1.82%	6,005,144 111.60%	5,381,000
Most Recent Note for DDOG - 10/9/2020 12:14:40 PM Hitting another new 52-week high with today's big volume-driven gain. Stubbornly held its ground after a breakout on 9/30/20. When consolidating above its 50 DMA line ($88.47) the 9/18/20 mid-day report 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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DPZ - NYSE - Retail-Restaurants Dominos Pizza Inc	$394.16	-6.86 -1.71%	$404.55	$435.58	-9.51%	854,790 139.90%	611,000
Most Recent Note for DPZ - 10/9/2020 12:15:34 PM Gapped down on the prior session undercutting its 50 DMA line ($404.81) with a damaging volume-driven loss and slumping further today. Reported earnings +21% on +18% sales revenues for the Sep '20 quarter versus the year ago period/ The 2 prior quarterly earnings comparisons were above the +25% minimum guideline (C criteria). Annual earnings history has been strong and steady, satisfying the A criteria.
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EBAY - NASDAQ - INTERNET - Internet Software & Services Ebay Inc	$55.32	+3.24 6.22%	$55.33	$61.06	-9.40%	5,096,486 63.78%	7,991,000
Most Recent Note for EBAY - 10/9/2020 12:18:30 PM Rebounding above its 50 DMA line ($53.91) with today's big volume-driven gain. faces resistance due to overhead supply up to its all-time high at $61. Has a new CEO as of 4/27/20. Reported earnings +64% on +18% sales revenues for the Jun '20 quarter versus the year ago period. Prior quarterly comparisons showed sub par sales revenues growth and earnings increases below the fact-based system's +25% minimum guideline (C criteria).
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EV - NYSE - FINANCIAL SERVICES - Asset Management Eaton Vance Corp	$60.56	-0.09 -0.15%	$61.25	$60.85	-0.48%	2,113,914 257.79%	820,000
Most Recent Note for EV - 10/9/2020 12:20:08 PM Gapped up on the prior session for a new high on M&A news with Morgan Stanley (MS). 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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FSLR - NASDAQ - ELECTRONICS - Semiconductor - Broad Line First Solar Inc	$80.53	+3.41 4.42%	$81.43	$81.87	-1.64%	1,621,883 77.45%	2,094,000
Most Recent Note for FSLR - 10/9/2020 12:21:16 PM Perched near its 52-week high today following volume-driven gains this week after undercutting its 50 DMA line ($70.77) during the recent consolidation. Faces no resistance due to overhead supply. Noted with caution in prior mid-day reports - "Reported Jun '20 quarterly earnings of 35 cents per share versus a loss of 18 cents per share on +10% sales revenues versus the year ago period. Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria). It survived but failed to impress since dropped from the Featured Stocks list on 6/4/2008."
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JHG - NYSE - Finance-Investment Mgmt Janus Henderson Group	$27.50	+0.57 2.12%	$27.52	$27.50	0.00%	825,317 55.76%	1,480,000
Most Recent Note for JHG - 10/9/2020 12:22:40 PM Hitting a new 52-week high with today's volume-driven gain adding to a recent spurt higher. Prior mid-day reports noted - "UK-based advisory firm reported earnings +10% on -3% sales revenues for the Jun '20 quarter and its prior earnings increases were below the +25% minimum guideline (C criteria). Annual earnings history has been up and down."
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LL - NYSE - RETAIL - Home Improvement Stores Lumber Liquidators Hldgs	$27.13	+1.25 4.83%	$27.99	$29.60	-8.34%	680,767 74.97%	908,000
Most Recent Note for LL - 10/9/2020 12:23:49 PM Rebounding near its 52-week high with today's 8th consecutive gain. Prior mid-day reports repeatedly noted - "Reported Jun '20 quarterly earnings +233% on -20% sales revenues versus the year ago period. Annual earnings (A criteria) growth has not been strong and steady."
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LSCC - NASDAQ - ELECTRONICS - Semiconductor - Specialized Lattice Semiconductor	$32.65	+1.21 3.83%	$35.16	$31.93	2.24%	1,108,922 115.27%	962,000
Most Recent Note for LSCC - 10/9/2020 12:26:18 PM Powering to a new 52-week high with today's 5th consecutive gain. Last noted with caution in the 7/29/20 mid-day report - "Reported earnings +13% on -2% sales revenues for the Jun '20 quarter. Sub par sales revenues growth and its erratic annual earnings history (A criteria) leave fundamental concerns."
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MRVL - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir Marvell Technology Group	$44.33	+1.58 3.68%	$44.37	$43.72	1.38%	4,952,501 61.71%	8,026,000
Most Recent Note for MRVL - 10/9/2020 12:27:19 PM Hitting new 52-week and all-time highs with today's 5th consecutive volume-driven gain. Found support above its 50 DMA line ($37.75) during the consolidation since noted in the 9/01/20 mid-day report - "Reported Jul '20 quarterly earnings +31% on +11% sales revenues versus the year ago period. Prior quarterly comparisons had sub par sales revenues growth and earnings increases below the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) has been up and down."
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MX - NYSE - MANUFACTURING - Diversified Machinery Magnachip Semiconductor	$14.44	+0.21 1.44%	$14.78	$16.06	-10.12%	225,954 64.19%	352,000
Most Recent Note for MX - 10/9/2020 12:28:02 PM The 10/07/20 mid-day report noted - "Rebounding toward its 52-week high after a deep pullback earlier this year. Erratic quarterly earnings (C criteria) and its up and down annual earnings (A criteria) history leaves fundamental concerns for disciplined investors."
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NLS - NYSE - CONSUMER DURABLES - Sporting Goods Nautilus Inc	$22.84	+1.55 7.28%	$23.40	$22.15	3.12%	1,362,182 55.02%	2,476,000
Most Recent Note for NLS - 10/9/2020 12:28:29 PM Powering to yet another new 52-week high today, adding to an impressive spurt of volume-driven gains. Noted with caution in prior mid-day reports - "Very extended from any sound base. Rebounded impressively from lows last year in the $1.20 area. Slumped from multi-year highs since noted with caution in the 10/06/16 mid-day report. Reported greatly improved sales and earnings for the Mar and Jun '20 quarters versus year ago periods, but fundamental concerns remain."
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PDEX - NASDAQ - WHOLESALE - Medical Equipment Wholesale Pro Dex Inc	$28.70	-0.40 -1.37%	$31.96	$32.98	-12.97%	74,460 372.30%	20,000
Most Recent Note for PDEX - 10/9/2020 12:30:55 PM Consolidating well above prior highs and above its 50 DMA line ($25.78) which define near-term support. Prior mid-day reports noted - "Reported greatly improved sales revenues and earnings increases in the Mar and Jun '20 quarters versus year ago periods. Prior quarterly and annual earnings history (C and A criteria) fails to match the fundamental guidelines of the fact-based investment system."
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PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$19.04	+0.22 1.17%	$19.17	$20.10	-5.27%	284,752 87.08%	327,000
Most Recent Note for PGTI - 10/9/2020 12:33:07 PM Reported earnings -34% on +2% sales revenues for the Jun '20 quarter versus the year ago period, and prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Its up and down annual earnings history is 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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SEDG - NASDAQ - Energy-Solar Solaredge Technologies	$302.61	+13.61 4.71%	$307.62	$314.00	-3.63%	735,125 61.83%	1,189,000
Most Recent Note for SEDG - 10/9/2020 12:34:02 PM Perched at its all-time high today following an impressive spurt of gains 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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STM - NYSE - ELECTRONICS - Semiconductor - Broad Line Stmicroelectronics N V	$34.60	+1.07 3.19%	$34.75	$33.65	2.82%	2,263,508 96.86%	2,337,000
Most Recent Note for STM - 10/9/2020 12:35:17 PM Gapped up today hitting a new 52-week high. Held its ground stubbornly since a gap up when the 10/01/20 mid-day report cautioned members - "This Switzerland-based manufacturer of Semiconductor products reported earnings -44% on -4% sales revenues for the Jun '20 quarter versus the year ago period, and prior quarterly earnings comparisons have been erratic, not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has been erratic and not a great match with the guidelines of the fact-based investment system."
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SYNA - NASDAQ - COMPUTER SOFTWARE & SERVICES - Information Technology Service Synaptics Inc	$84.02	+2.53 3.10%	$85.26	$92.32	-8.99%	336,899 80.41%	419,000
Most Recent Note for SYNA - 10/9/2020 12:37:27 PM Gapped up today rebounding above its 50 DMA line ($83). Faces some near-term resistance due to overhead supply up to the $92 level. Endured distributional pressure since last noted in the 8/24/20 mid-day report - "Reported earnings +226% on -6% sales revenues for the Jun '20 quarter, and fundamental concerns remain due to waning sales revenues. Its annual earnings (A criteria) history has also been sub par. Found support near its 200 DMA line in recent months. Its small supply of 34 million shares (the S criteria) outstanding could contribute to especially great volatility in the event of institutional accumulation or distribution. The number of top-rated funds owning its shares rose from 375 in Sep '19 to 540 in Jun '20, a reassuring sign concerning the I criteria. It was dropped from the Featured Stocks list on 7/31/09."
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UMC - NYSE - ELECTRONICS - Semiconductor - Integrated Cir United Microelectrnc Adr	$5.57	+0.16 2.87%	$5.60	$5.91	-5.84%	1,402,194 57.97%	2,419,000
Most Recent Note for UMC - 10/9/2020 12:38:14 PM Perched at its 52-week high following 2 consecutive big volume-driven gains. Found support at its 50 DMA line during the recent consolidation. Noted with caution in prior mid-day reports - "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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WPM - NYSE - Mining-Gold/Silver/Gems Wheaton Precious Metals	$49.99	+1.91 3.97%	$50.31	$57.89	-13.65%	1,113,293 56.54%	1,969,000
Most Recent Note for WPM - 10/9/2020 12:40:09 PM Sputtering below its 50 DMA line ($51.54) in recent weeks. Showed greatly improved earnings in the Sep, Dec '19, Mar, and Jun '20 quarterly comparisons versus the year ago periods, well above the +25% minimum earnings guideline (C criteria). Annual earnings history included a downturn in FY '18, not a match with the fact-based investment system's fundamental guidelines (A criteria).
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YALA - NYSE - INTERNET - Content Yalla Group Ltd Ads	$8.46	-0.54 -6.03%	$9.33	$9.43	-10.32%	1,549,231 96.53%	1,605,000
Most Recent Note for YALA - 10/9/2020 12:41:25 PM Limited history is a concern for this United Arab Emirates-based social networking and entertainment firm.
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