Mid-Day Breakouts Report - Monday, October 24th, 2022

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MIDDAY BREAKOUTS REPORT - MONDAY, OCTOBER 24TH, 2022
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DOW 31463.45 380.89 (1.23%) | NASDAQ 10893.3 33.58 (0.31%) | S&P 500 3789.93 37.18 (0.99%)

Time of Screening : 10/24/2022 12:14:59 PM Report Released : 10/24/2022 12:57:14 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

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
VRTX - NASDAQ Vertex Pharmaceuticals	$308.47	+8.47 2.82%	$311.10	916,652 73.04% of 50 DAV 50 DAV is 1,255,000	$305.95 0.82%	10/24/2022	$308.47	PP = $306.05 MB = $321.35
Most Recent Note - 10/24/2022 12:57:06 PM Y - Color code is changed to yellow with pivot point cited based on its 8/15/22 high pus 10 cents Hitting a new 52-week high with today's gain. A gain and strong close above the pivot point backed by at least +40% above average volume may trigger a proper technical buy signal. Reported greatly improved earnings on +22% sales revenues for the Jun '22 quarter versus the year-ago period, and 3 of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history has been strong. There are no Featured Stock Updates™ available for this stock at this time. You may request one by clicking the Request a New Note link below
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ASR - NYSE - TRANSPORTATION - Air Services, Other Grupo Aeroportuario Adr	$226.10	+5.68 2.58%	$226.95	$230.80	-2.04%	33,527 64.48%	52,000
Most Recent Note for ASR - 10/24/2022 12:16:33 PM Challenging its 52-week high with today's 8th gain in the span of 9 sessions. Prior mid-day reports noted - "Reported very strong sales revenues and earnings increases in quarterly comparisons through Jun '22 versus the year ago periods. Fundamental concerns remain as its up and down annual earnings history (A criteria) is below the investment system's guidelines."
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ATAX - NASDAQ - Finance-Mrtg&Rel Svc America First Multfm Inv	$18.15	-0.18 -0.98%	$18.50	$20.64	-12.06%	24,926 77.89%	32,000
Most Recent Note for ATAX - 10/24/2022 12:17:16 PM Rebounded near its 200 DMA line with recent gains. Reported Jun '22 quarterly earnings +92% on +5% sales revenues versus the year ago period. Prior 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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BCBP - NASDAQ - Banks-Northeast B C B Bancorp Inc	$19.12	+0.15 0.79%	$19.47	$20.71	-7.68%	37,438 73.41%	51,000
Most Recent Note for BCBP - 10/24/2022 12:19:01 PM On track for a 5th consecutive gain today, it has rebounded above its 50 and 200 DMA lines toward prior highs. Recent quarterly comparisons through Jun '22 showed improved earnings but fundamental concerns remain due to waning sales revenues. Annual earnings (A criteria) history included a downturn in FY '20.
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BP - NYSE - ENERGY - Major Integrated Oil & Gas B P Plc Adr	$31.87	+0.51 1.63%	$32.17	$34.30	-7.08%	6,491,717 63.56%	10,213,000
Most Recent Note for BP - 10/24/2022 12:20:23 PM On track for a 6th consecutive gain today, recently wedging above its 50 and 200 DMA lines. Prior mid-day reports cautioned members - "Recent quarterly comparisons through Jun '22 have shown solid increases. Its annual earnings history has been erratic."
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CBZ - NYSE - Comml Svcs-Consulting C B I Z Inc	$47.32	+0.63 1.35%	$47.67	$48.47	-2.37%	180,500 79.52%	227,000
Most Recent Note for CBZ - 10/24/2022 12:21:46 PM Perched within close striking distance of its 52-week high today after rebounding above its 50 DMA line ($44.82) with recent gains. Prior mid-day reports cautioned members - "Reported earnings +26% on +30% sales revenues for the Jun '22 quarter versus the year ago period. Fundamental concerns remain. Prior earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
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CECE - NASDAQ - Pollution Control Ceco Environmental	$11.71	+1.21 11.52%	$11.75	$10.80	8.43%	403,478 125.30%	322,000
Most Recent Note for CECE - 10/24/2022 12:23:10 PM Powering to new multi-year highs with today's big volume-driven gain after finding support near its 50 DMA line while consolidating since the 9/02/22 mid-day report noted - "Reported earnings +100% on +34% sales revenues for the Jun '22 quarter versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly earnings increases were sub par and its erratic annual earnings (A criteria) history remains a fundamental flaw."
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CLR - NYSE - ENERGY - Oil &; Gas Drilling &; Explorati Continental Res Inc	$73.95	-0.05 -0.07%	$74.21	$75.49	-2.04%	3,824,521 164.50%	2,325,000
Most Recent Note for CLR - 10/24/2022 12:23:19 PM Gapped up on 10/17/22 following M&A news. Following 6/14/22 M&A news it reported earnings +281% on +115% sales revenues for the Jun '22 quarter versus the year ago period. Prior earnings history has been erratic and not a match with the investment system's guidelines.
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DRVN - NASDAQ - Retail/Whlsle-Automobile Driven Brands Holdings Inc	$31.74	+0.20 0.63%	$31.95	$35.45	-10.47%	393,165 57.73%	681,000
Most Recent Note for DRVN - 10/24/2022 12:24:22 PM Found support near its 200 DMA line during its consolidation since noted with caution in the 9/15/22 mid-day report - "Reported strong quarterly results above the +25% minimum guideline (C criteria) through Jun '22 versus year ago periods. Limited annual earnings (A criteria) history is a concern since it completed its IPO at $22 on 1/15/21 and a Secondary Offering on 8/06/21."
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ELV - NYSE - Medical-Managed Care Elevance Health Inc	$524.95	+13.91 2.72%	$528.99	$533.68	-1.64%	550,959 62.89%	876,000
Most Recent Note for ELV - 10/24/2022 12:25:07 PM Rebounding near its 52-week high with today's 6th consecutive volume-driven gain from near its 50 and 200 DMA lines. Reported Sep '22 quarterly earnings +11% on +11% sales revenues versus the year ago period, its 3rd quarterly comparison below the +25% minimum earnings guideline (C criteria).
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EPD - NYSE - ENERGY - Independent Oil & Gas Enterprise Products Ptnr	$24.71	-0.30 -1.21%	$25.01	$28.65	-13.76%	3,682,659 75.48%	4,879,000
Most Recent Note for EPD - 10/24/2022 12:29:37 PM Quarterly comparisons through Jun '22 showed earnings increases below the +25% minimum guideline (C criteria) and its annual earnings (A criteria) history has been up and down, below the fundamental guidelines of the fact-based investment system.
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FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$31.79	+1.01 3.27%	$32.18	$36.99	-14.07%	333,316 61.05%	546,000
Most Recent Note for FLNG - 10/24/2022 12:30:19 PM Rebounding near its 50 DMA line ($32.43) where it recently met resistance. Reported Jun '22 quarterly earnings +246% on +28% sales revenues versus the year ago period. Reported Mar '22 quarterly earnings +19% on -8% sales revenues versus the year ago period, while prior quarterly comparisons had shown stronger sales and earnings increases. The big downturn in FY '20 annual earnings (A criteria) is a fundamental flaw with respect to the strict guidelines of the fact-based investment system.
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GLOP - NYSE - Oil&Gas-Transprt/Pipelne GasLog Partners LP	$7.46	+0.04 0.53%	$7.75	$7.95	-6.17%	369,780 98.08%	377,000
Most Recent Note for GLOP - 10/24/2022 12:31:26 PM Hovering near its 52-week high following an impressive spurt of volume-driven gains. Found prompt support near its 200 DMA line since noted with caution in the 9/14/22 mid-day report - "Annual earnings history (A criteria) has not been strong and steady and fundamental concerns remain."
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GPK - NYSE - CONSUMER NON-DURABLES - Packaging & Containers Graphic Packaging Hldg	$21.40	+0.18 0.82%	$21.48	$24.07	-11.11%	1,743,794 65.78%	2,651,000
Most Recent Note for GPK - 10/24/2022 12:34:11 PM Due to report Sep '22 quarterly results. Fundamentals have been strong A rebound above its 50 DMA line ($21.73) is needed for its outlook to improve. It rebounded after sputtering below its 200 DMA line since it was dropped from the Featured Stocks list on 9/20/22.
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IBEX - NASDAQ - Computer- Tech Services Ibex Ltd	$19.54	+0.17 0.88%	$20.00	$20.69	-5.56%	19,556 72.43%	27,000
Most Recent Note for IBEX - 10/24/2022 12:35:22 PM On track today for a 10th gain in the span of 11 sessions. Reported improved earnings growth in the Mar and Jun '22 quarters versus the year ago periods, but fundamental concerns remain. Limited history since its $19 IPO on 8/07/20.
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IBN - NYSE - BANKING - Money Center Banks Icici Bank Ltd Adr	$22.87	+0.86 3.88%	$23.02	$23.49	-2.66%	7,827,820 102.57%	7,632,000
Most Recent Note for IBN - 10/24/2022 12:36:35 PM Rebounding above its 50 DMA line ($21.90) toward its 52-week high with today's big gain. This India-based bank reported Jun '22 quarterly earnings +44% on +4% sales revenues versus the year ago period. Fundamental concerns remain. Prior history has not shown strong or steady quarterly earnings or sales revenues growth.
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IMO - AMEX - ENERGY - Oil & Gas Refining & Marketing Imperial Oil Ltd	$49.22	-0.58 -1.16%	$49.79	$57.89	-14.98%	408,065 87.01%	469,000
Most Recent Note for IMO - 10/24/2022 12:37:21 PM Recent quarters through Jun '22 showed greatly improved sales and earnings over the year ago periods. Annual earnings (A criteria) history has been below the investment system's guidelines.
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IMXI - NASDAQ - Financial Svcs-Specialty International Money Express	$26.50	+0.92 3.60%	$26.76	$26.23	1.03%	543,430 143.76%	378,000
Most Recent Note for IMXI - 10/24/2022 12:38:51 PM Hitting a new 52-week high with today's 2nd consecutive volume-driven gain. Recently reported Jun '22 quarterly earnings +21% on +17% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria), raising fundamental concerns. It has shown resilience after dropped from the Featured Stocks list on 9/01/22.
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LMT - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense - Major Lockheed Martin Corp	$465.59	+10.98 2.42%	$466.18	$479.99	-3.00%	830,504 66.92%	1,241,000
Most Recent Note for LMT - 10/24/2022 12:40:39 PM Approaching its 52-week high with today's 6th consecutive volume-driven gain. Rebounded above its 50 and 200 DMA lines after reporting Sep '22 quarterly earnings +4% above the year ago period. Prior mid-day reports cautioned members - "Reported earnings -2% on -9% sales revenues for the Jun '22 quarter versus the year ago period, and prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria)."
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MUSA - NYSE - WHOLESALE - Basic Materials Wholesale Murphy USA Inc	$292.39	+9.21 3.25%	$294.27	$303.09	-3.53%	188,589 60.64%	311,000
Most Recent Note for MUSA - 10/24/2022 12:42:26 PM Today's gain has it rising above its 50 DMA line ($284.64) which acted as resistance in recent weeks. Wedged higher then encountered distributional pressure after noted with caution in the 7/28/22 mid-day report - "Reported earnings +57% on +52% sales revenues for the Jun '22 quarter versus the year ago period, its 4th strong quarterly comparison. Fundamental concerns remain as its annual earnings (A criteria) history included a big downturn in FY '19, not a great match with the fact-based investment system's guidelines."
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PFBC - NASDAQ - BANKING - Regional - Pacific Banks Preferred Bank Los Angls	$74.18	+1.75 2.42%	$75.81	$81.97	-9.50%	74,254 132.60%	56,000
Most Recent Note for PFBC - 10/24/2022 12:44:44 PM Rebounding above its 200 DMA line with recent volume-driven gains. Faces resistance due to overhead supply up to the $81 level. Reported Sep '22 quarterly earnings +36% on +43% sales revenues versus the year ago period. Three of the past 4 quarterly comparisons had earnings increases above the +25% minimum guideline (C criteria).
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PSO - NYSE - MEDIA - Publishing - Newspapers Pearson Plc Adr	$10.88	+0.92 9.24%	$11.04	$11.07	-1.72%	554,486 183.00%	303,000
Most Recent Note for PSO - 10/24/2022 12:45:30 PM Gapped up today challenging its 52-week high. Fundamental concerns remain. Sales revenues have been waning and its annual earnings (A criteria) history is not a match with the fundamental guidelines of the fact-based investment system.
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RELL - NASDAQ - Elec-Misc Products Richardson Electrs	$23.67	+1.20 5.34%	$23.71	$22.53	5.06%	206,443 113.43%	182,000
Most Recent Note for RELL - 10/24/2022 12:45:50 PM Up today for a 6th consecutive gain powering to another new 52-week high. Noted in prior mid-day reports - "Quarterly earnings growth has been strong through the Aug '22 quarter versus year ago periods. Erratic annual earnings (A criteria) history is a concern, so fundamentals are below the guidelines of the investment system."
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SLB - NYSE - Oil&Gas-Field Services SLB	$51.75	+1.34 2.67%	$51.91	$50.54	2.40%	11,048,280 87.28%	12,659,000
Most Recent Note for SLB - 10/24/2022 12:46:14 PM Hitting another new 52-week high with today's 6th consecutive volume-driven gain. Reported Sep '22 quarterly earnings +76% versus the year ago period, its 6th strong quarterly comparisons above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain. Annual earnings (A criteria) have been up and down.
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STLD - NASDAQ - Steel-Producers Steel Dynamics Inc	$95.33	+2.41 2.59%	$95.63	$100.37	-5.02%	1,162,600 67.48%	1,723,000
Most Recent Note for STLD - 10/24/2022 12:47:16 PM Approaching its 52-week high with today's 3rd consecutive volume-driven gain. Reported earnings +10% on +11% sales revenues for the Sep '22 quarter versus the year ago period, breaking a streak of strong quarterly comparisons. Noted with caution in prior mid-day reports- "Fundamental concerns remain due to its up and down annual earnings history (A criteria). It was dropped from the Featured Stocks List on 8/9/2007."
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UFPT - NASDAQ - CONSUMER NON-DURABLES - Packaging & Containers U F P Tech Inc	$89.87	-0.17 -0.19%	$90.51	$100.64	-10.70%	28,792 66.96%	43,000
Most Recent Note for UFPT - 10/24/2022 12:47:29 PM Sputtering below its 50 DMA line in recent weeks. Reported earnings +89% on +86% sales revenues for the Jun '22 quarter versus the year ago period. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has not been strong and steady.
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VOC - NYSE - Oil&Gas-Royalty Trust V O C Energy Trust	$8.87	+0.34 4.04%	$8.92	$8.60	3.20%	128,225 122.12%	105,000
Most Recent Note for VOC - 10/24/2022 12:48:04 PM Hitting a new 52-week high today while adding to an impressive spurt of gains. 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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VRRM - NASDAQ - Computer Sftwr-Spec Enterprs Verra Mobility Corp	$17.26	+0.54 3.23%	$17.48	$18.13	-4.80%	1,218,292 111.36%	1,094,000
Most Recent Note for VRRM - 10/24/2022 12:50:45 PM Recently consolidating above its 50 and 200 DMA lines, it traded above its August high with today's 3rd consecutive gain backed by higher volume. Noted with caution in prior mid-day reports - "Little resistance remains up to the $18 level. Quarterly earnings in the past 5 comparisons through Jun '22 showed strong earnings increases above the +25% minimum guideline (C criteria) with strong sales revenues growth. Annual earnings (A criteria) history has been up and down."
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