Mid-Day Breakouts Report - Tuesday, October 17th, 2023

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Tuesday, October 22, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - TUESDAY, OCTOBER 17TH, 2023
Previous Mid Day Report Next Mid Day Report >>>

DOW 34075.26 90.72 (0.27%) | NASDAQ 13560.82 -7.16 (-0.05%) | S&P 500 4384.48 10.85 (0.25%)

Time of Screening : 10/17/2023 12:11:53 PM Report Released : 10/17/2023 12:40:52 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
AVAV - NASDAQ - AEROSPACE/DEFENSE - Aerospace/Defense Products &; Services Aerovironment Inc	$120.20	+4.93 4.28%	$120.45	$124.33	-3.32%	188,760 78.32%	241,000
Most Recent Note for AVAV - 10/17/2023 12:13:50 PM Approaching its 52-week high with today's 3rd consecutive volume-driven gain after consolidating above its 50 DMA line. Prior mid-day reports noted - "Reported Jul '23 quarterly earnings versus a year-ago loss on +40% sales revenues, its 2nd strong quarter. Fundamental concerns remain as prior quarterly and annual earnings (C and A criteria) comparisons have not been strong and steady above the minimum earnings guidelines."
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	$885.38	-17.20 -1.91%	$888.68	$925.91	-4.38%	1,739,499 77.76%	2,237,000
Most Recent Note for AVGO - 10/17/2023 12:18:12 PM Consolidating after rallying near its 52-week high. Reported earnings +8% on +5% sales revenues for the Jul '23 quarter versus the year ago period, its 3rd subpar quarter. Prior quarterly comparisons were above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been strong.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CIR - NYSE - MANUFACTURING - Industrial Equipment & Compone Circor Intl Inc	$55.99	+2.74 5.14%	$55.99	$56.48	-0.88%	2,286,078 595.33%	384,000
Most Recent Note for CIR - 10/17/2023 12:19:05 PM Consolidating after 6/28/23 M&A news.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CRH - NYSE - Bldg-Cement/Concrt/Ag C R H Plc Adr	$58.54	-0.05 -0.09%	$58.67	$60.00	-2.43%	1,673,299 84.51%	1,980,000
Most Recent Note for CRH - 10/17/2023 12:20:01 PM Rebounded above its 50 DMA line ($56.19) with volume-driven gains and it is perched within close striking distance of its 52-week and all-time highs. Irish Building - Cement firm has an erratic earnings (C and A criteria) history. Fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FLEX - NASDAQ - Elec-Contract Mfg Flex Ltd	$26.38	+0.03 0.10%	$26.55	$28.90	-8.73%	1,859,731 64.37%	2,889,000
Most Recent Note for FLEX - 10/17/2023 12:21:29 PM Perched within striking distance of its 52-week high and consolidating near its 50 DMA line in recent weeks. Last noted with caution in the 7/27/23 mid-day report - "Peported Jun '23 quarterly earnings +6% on +0% sales revenues versus the year-ago period and fundamental concerns remain. Quarterly earnings (C criteria) history is not a match with the fact-based investment system's guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GNE - NYSE - Utility-Diversified Genie Energy Ltd Cl B	$19.97	+0.10 0.50%	$20.40	$19.90	0.35%	63,579 69.11%	92,000
Most Recent Note for GNE - 10/17/2023 12:22:26 PM Found prompt support at its 50 DMA line ($15.63) and rallied to new 52-week highs with 11 consecutive volume-driven gains. Reported Jun '23 quarterly earnings +73% on +40% sales revenues versus the year-ago period. Fundamental concerns remain.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
IBKR - NASDAQ - Finance-Invest Bnk/Bkrs Interactive Brokers Grp	$86.80	+0.87 1.01%	$86.98	$95.59	-9.20%	641,865 78.18%	821,000
Most Recent Note for IBKR - 10/17/2023 12:23:35 PM Sputtering below its 50 DMA line in recent weeks. Faces near-term resistance due to overhead supply up to the $95 level. Reported Jun '23 quarterly earnings +57% on +52% sales revenues versus the year-ago period, its 4th strong quarter above the +25% minimum earnings guideline (C criteria). Annual earnings for FY '19 matched the year prior while otherwise its annual earnings (A criteria) growth has been steady.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
KAI - NYSE - Machinery-Gen Industrial Kadant Inc	$230.93	-1.91 -0.82%	$236.54	$233.44	-1.08%	45,045 80.44%	56,000
Most Recent Note for KAI - 10/17/2023 12:24:27 PM Churning above average volume and inching to new 52-week highs. Reported earnings +13% on +11% sales revenues for the Jun '23 quarter versus the year-ago period, its 5th quarterly comparison below the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in FY '20 annual earnings (A criteria) history, not a great match with the guidelines of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
KTOS - NASDAQ - DIVERSIFIED SERVICES - Technical Services Kratos Def & Sec Sol Inc	$17.70	+0.31 1.78%	$17.85	$17.73	-0.17%	530,483 58.10%	913,000
Most Recent Note for KTOS - 10/17/2023 12:24:56 PM Consolidating following noted volume-driven gains, rebounding above its 50 DMA line ($15.49) and hitting a new 52-week high. Noted in prior mid-day reports - "Reported Jun '23 quarterly earnings +29% on +15% sales revenues versus the year-ago period, its 2nd strong quarter. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
LULU - NASDAQ - MANUFACTURING - Textile Manufacturing Lululemon Athletica	$414.55	-2.09 -0.50%	$419.86	$419.01	-1.06%	2,781,113 186.78%	1,489,000
Most Recent Note for LULU - 10/17/2023 12:25:19 PM Gapped up on the prior session hitting a new 52-week high with a considerable volume-driven gain. Its 200 DMA line acted as support. Reported Jul '23 quarterly earnings +22% on +18% sales revenues versus the year-ago period. Noted with caution in prior mid-day reports - "Faces resistance due to overhead supply up to the $485 level. Three of the 4 latest quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '21."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MNSO - NYSE - RETAIL - Discount, Variety Stores Miniso Group Hldg Cl A	$25.72	+0.45 1.76%	$26.62	$29.92	-14.05%	1,267,100 68.42%	1,852,000
Most Recent Note for MNSO - 10/17/2023 12:25:59 PM China-based retailer pulled back from its 52-week high and found support at its 50 DMA line ($24.59) in recent weeks. Prior mid-day reports noted - "Reported Jun '23 quarterly earnings +131% on +30% sales revenues versus the year-ago period. Prior quarterly comparisons showed strong earnings increases. Annual earnings (A criteria) had a downturn in FY '21."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NOW - NYSE - Computer Sftwr-Enterprse Servicenow Inc	$570.37	+18.74 3.40%	$571.70	$614.36	-7.16%	620,142 65.83%	942,000
Most Recent Note for NOW - 10/17/2023 12:26:49 PM Posting a gain today rebounding above its 50 DMA line ($566) but it faces additional resistance due to overhead supply up to the $707 level. Went through a deep consolidation since noted with caution in the 10/28/21 mid-day report near its all-time high. Reported Jun '23 quarterly earnings +46% on +23% sales revenues versus the year-ago period, its 4th quarterly comparison above the +25% minimum guideline (C criteria) of the fact-based investment system.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NVDA - NASDAQ - ELECTRONICS - Semiconductor - Specialized Nvidia Corp	$443.82	-17.14 -3.72%	$445.00	$502.66	-11.71%	48,319,666 95.34%	50,682,000
Most Recent Note for NVDA - 10/17/2023 12:27:49 PM Perched within striking distance of its all-time high. Reported Jul '23 quarterly earnings +429% on +101% sales revenues versus the year ago period. Prior 3 quarterly comparisons were down from the year-ago periods. Annual earnings (A criteria) history has been up and down, noted as a flaw with regard to the fact-based investment system's guidelines. Completed the Mellanox Technologies (MLNX) acquisition on 4/27/20.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PCTI - NASDAQ - TELECOMMUNICATIONS - Diversified Communication Serv Pc-Tel Inc	$6.86	+0.00 0.00%	$6.86	$6.89	-0.44%	428,319 319.64%	134,000
Most Recent Note for PCTI - 10/17/2023 12:29:30 PM Gapped up on 1/16/23 following M&A news. Reported Jun '23 quarterly earnings -30% on -18% sales revenues versus the year ago period. Annual earnings history (A criteria) has not been strong and steady.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
RACE - NYSE - Auto Manufacturers Ferrari NV	$311.36	-3.68 -1.17%	$311.83	$329.88	-5.61%	198,263 72.89%	272,000
Most Recent Note for RACE - 10/17/2023 12:29:54 PM Faces resistance due to overhead supply up to the $329 level. Rebounded above its 50 DMA line ($305) last week after finding recent support above its 200 DMA line. Reported earnings +40% on +19% sales revenues for the Jun '23 quarter versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria) leaving concerns, fundamentally. Since completing its $52 IPO in Oct '15 its annual earnings (A criteria) history was strong until a downturn in FY '20.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VMW - NYSE - COMPUTER SOFTWARE & SERVICES - Technical & System Software Vmware Inc Cl A	$167.35	-11.53 -6.45%	$167.93	$181.14	-7.61%	6,377,297 345.28%	1,847,000
Most Recent Note for VMW - 10/17/2023 12:33:42 PM Showing some resilience after it gapped down today abruptly retreating from its 52-week high, undercutting the prior highs in the $170 area and briefly trading below its 50 DMA line ($165). Reported earnings +12% on +2% sales for the Jul '23 quarter versus the year-ago period. Prior quarters were not strong and steady above the +25% minimum guideline (C criteria). It was dropped from the Featured Stocks list on 5/14/12.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
VRTX - NASDAQ - Medical-Biomed/Biotech Vertex Pharmaceuticals	$374.27	+0.27 0.07%	$375.93	$374.45	-0.05%	669,039 75.60%	885,000
Most Recent Note for VRTX - 10/17/2023 12:34:10 PM Faces no resistance due to overhead supply as it is hitting another new all-time high with today's 6th consecutive volume-driven gain. Reported Jun '23 quarterly earnings +8% on +14% sales revenues versus the year-ago period. Three of the 4 latest quarterly comparisons were well below the +25% minimum earnings guideline (C criteria).
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
WMB - NYSE - ENERGY - Oil & Gas Pipelines Williams Companies	$35.99	+0.26 0.71%	$36.22	$35.89	0.26%	3,509,400 61.04%	5,749,000
Most Recent Note for WMB - 10/17/2023 12:37:01 PM On track today for a 9th consecutive gain, making steady progress above its 50 DMA line ($34.40) and approaching its all-time high ($37.97 on 6/03/22). Reported Jun '22 quarterly earnings +48% on +9% sales revenues versus the year ago period. Three of the past 4 quarterly earnings comparisons were above the +25% minimum guideline (C criteria). Annual earnings history has strong and steady, matching the investment system's A criteria.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
WWD - NASDAQ - MANUFACTURING - Diversified Machinery Woodward Inc	$131.93	+2.33 1.80%	$132.16	$133.15	-0.92%	295,753 87.50%	338,000
Most Recent Note for WWD - 10/17/2023 12:40:47 PM Rebounded above its 50 DMA line ($127) recently and challenging its 52-week and all-time highs with today's volume-driven gain. Reported earnings +114% on +30% sales revenues for the Jun '23 quarter, its 2nd quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in FY '20-22 annual earnings. It was dropped from the Featured Stocks list on 8/06/19.
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.