You are not logged in. This means
you CAN ONLY VIEW reports that were published prior to Sunday, October 20, 2024. You
MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.
MIDDAY BREAKOUTS REPORT - MONDAY, OCTOBER 10TH, 2011
Previous Mid Day Report Next Mid Day Report >>>
|
DOW 11374.45 271.33 (2.44%) | NASDAQ 2556.21 76.86 (3.10%) | S&P 500 1187.87 32.41 (2.80%)
|
Time of Screening :
10/10/2011 12:14:23 PM Report Released :
10/10/2011 12:32:44 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...
At around
mid-way through each trading day we run
a screen against our database of
high-ranked stocks, searching for
possible buy candidates that are trading
at or near their 52-week high on above
average volume. The results of that
screen are split into the two sections
you see below. The first, titled
"TODAY's FEATURED STOCKS" shows stocks
that our experts have recently
identified as among the strongest candidates to
consider. Stocks highlighted in yellow
are the most timely and noteworthy, so
particular attention and prompt action
may be appropriate. The second section,
titled "TODAY's BREAKOUT SCREEN" shows
the remainder of stocks meeting today's
screen parameters. Our experts have
reviewed and included notes on these
stocks as well, but found that they may
not match up as favorably.
|
Y - Today's strongest
candidates
highlighted
by our staff
of experts.
|
|
G - Previously featured in
this report as yellow and
now may no longer be buyable
under the guidelines.
|
|
|
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 |
ATRO
- NASDAQ - CONSUMER NON-DURABLES - Packaging & Containers
Astronics Corp Cl A
|
$31.74 |
-0.46 -1.43%
|
$32.45
|
$34.19
|
-7.17% |
33,389 68.70%
|
48,600
|
Most Recent Note for ATRO - 10/10/2011 12:20:22 PM
It found support near its 200 DMA line during its consolidation since last noted in the 7/22/11 mid-day report and is now perched within close striking distance of its 52-week high with minimal resistance remaining due to overhead supply. Reported earnings +77% on +18% sales revenues for the quarter ended June 30, 2011, and recent comparisons show encouraging sales revenues acceleration with better than +25% earnings increases. Its annual earnings (A criteria) history has been up and down.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
AVGO
- NASDAQ - ELECTRONICS - Semiconductor - Integrated Circuits
Broadcom Inc
|
$33.90 |
+1.02
3.10%
|
$34.06
|
$39.45
|
-14.07% |
1,949,767 66.17%
|
2,946,800
|
Most Recent Note for AVGO - 10/10/2011 12:21:39 PM
Reported earnings +11% on +10% sales revenues for the quarter ended July 31, 2011 versus the year ago period, below the fact-based system's guidelines. Since noted in the 6/24/11 mid-day report it surged to a new 52-week high in July, then slumped under its 200 DMA line during a deep consolidation. Proposed yet another Secondary Offering on 5/31/11. During 2010 it completed a Public Offering and two Secondary Offerings. As noted in prior mid-day reports - "It has shown good sales revenues and earnings increases in recent quarters satisfying the C criteria. Its prior earnings history is below guidelines."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
CPHD
- NASDAQ - ELECTRONICS - Scientific & Technical Instrum
Cepheid
|
$40.44 |
+0.93
2.36%
|
$40.93
|
$42.65
|
-5.18% |
435,171 58.33%
|
746,000
|
Most Recent Note for CPHD - 10/10/2011 12:24:25 PM
Holding its ground near its 52-week high hit when last noted in the 10/05/11 mid-day report - "Rising from an 11-week cup-with-handle base pattern formed while consolidating since its considerable gap up on 7/22/11. Reported earnings +120% on +35% sales revenues for the quarter ended June 30, 2011 versus the year ago period. It has shown accelerating sales revenues growth and great earnings improvement in recent quarterly comparisons following years of operating losses (not strong for the A criteria). Earnings estimates call for FY '11 earnings down considerably from FY '10, adding to fundamental concerns."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
PSMT
- NASDAQ - RETAIL - Drug Stores
Pricesmart Inc
|
$73.40 |
+2.83
4.01%
|
$74.12
|
$75.16
|
-2.34% |
201,203 58.37%
|
344,700
|
Most Recent Note for PSMT - 10/10/2011 12:29:48 PM
On track for a 5th consecutive gain today, it rebounded impressively last week after violating its 50 DMA line with a streak of damaging losses that raised concerns and triggered technical sell signals. It could produce more climactic gains, but the choppy trading in recent weeks is not recognized as a sound base pattern. Based on weak action it was dropped from the Featured Stocks list on 10/03/11.
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
SIMO
- NASDAQ - ELECTRONICS - Semiconductor - Specialized
Silicon Motion Tech Ads
|
$14.12 |
+0.86
6.49%
|
$14.45
|
$14.45
|
-2.28% |
805,892 141.63%
|
569,000
|
Most Recent Note for SIMO - 10/10/2011 12:31:13 PM
Hit a new 52-week high after a gap up today. Reported earnings +233% on +59% sales revenues for the quarter ended June 30, 2011 versus the year ago period. It slumped near its 200 DMA line during a deep consolidation since noted in the 5/27/11 mid-day report - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system. It survived but failed to impress since dropped from the Featured Stocks list on 7/26/07."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
STMP
- NASDAQ - Retail-Internet
Stamps.com Inc
|
$24.61 |
-0.11 -0.44%
|
$25.20
|
$26.08
|
-5.64% |
381,756 106.28%
|
359,200
|
Most Recent Note for STMP - 10/10/2011 12:32:14 PM
Hovering near its 52-week high today following 4 consecutive gains backed by above average volume since finding support above its 50 DMA line. It is extended from its prior base following an earlier "breakaway gap" on 7/29/11 while prior mid-day reports have repeatedly noted - "Earnings increased by +125% on +26% sales revenues for the quarter ended June 30, 2011. Showing impressive sequential acceleration in recent quarterly comparisons, but prior quarterly comparisons showed lackluster sales revenues increases well below the +25% guideline, leaving some fundamental concerns."
|
View all notes |
Alert me of new notes |
Company Profile |
SEC |
News |
Chart | C
A N
S L
I M
|
|
|
THESE ARE NOT BUY RECOMMENDATIONS!
Comments contained in the body of this report are technical
opinions only. The material herein has been obtained
from sources believed to be reliable and accurate, however,
its accuracy and completeness cannot be guaranteed.
We are not an investment advisor, hence it does
not endorse or recommend any securities or other investments.
Any recommendation contained in this report may not
be suitable for all investors and it is not to be deemed
an offer or solicitation on our part with respect to
the purchase or sale of any securities. All trademarks,
service marks and trade names appearing in this report
are the property of their respective owners, and are
likewise used for identification purposes only.
This report is a service available
only to active Paid Premium Members.
You may opt-out of receiving report notifications
at any time. Questions or comments may be submitted
by writing to FactBasedInvesting.com c/o Premium
Member Services 665 S.E. 10 Street, Suite 201
Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.
We appreciate any feedback
members may wish to send via the inquiry form
here.
|
|