Mid-Day Breakouts Report - Thursday, October 29th, 2020

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MIDDAY BREAKOUTS REPORT - THURSDAY, OCTOBER 29TH, 2020
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DOW 26519.95 0 (0.00%) | NASDAQ 11004.87 -426.48 (-3.73%) | S&P 500 3467.31 -28.79 (-0.82%)

Time of Screening : 10/29/2020 12:16:12 PM Report Released : 10/29/2020 1:21:21 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
CRL - NYSE Charles River Labs Intl	$230.62	+8.62 3.88%	$232.24	183,925 58.76% of 50 DAV 50 DAV is 313,000	$250.29 -7.86%	7/15/2020	$192.66	PP = $189.95 MB = $199.45
Most Recent Note - 10/29/2020 12:26:20 PM G - Finding prompt support near its 50 DMA line ($224) with today's gain. Reported Sep '20 quarterly earnings +38% on +11% sales revenues versus the year ago period, above the +25% minimum earnings guideline (C criteria). Volume and volatility often increase near earnings news. See the latest FSU analysis for more details and an annotated graph. >>> The latest Featured Stock Update with an annotated graph appeared on 10/27/2020. Click here.
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NOW - NYSE Servicenow Inc	$505.18	+21.13 4.37%	$508.42	1,298,194 97.39% of 50 DAV 50 DAV is 1,333,000	$533.37 -5.29%	8/20/2020	$453.34	PP = $454.79 MB = $477.53
Most Recent Note - 10/29/2020 1:02:58 PM G - Reported Sep '20 quarterly earnings +22% on +30% sales revenues versus the year ago period, below the +25% minimum guideline (C criteria) of the fact-based investment system. Gapped up today after testing support at its 50 DMA line ($483) with 3 consecutive volume-driven losses. Subsequent losses below the 50 DMA line and prior low ($432.85 on 9/08/20) would raise concerns and trigger technical sell signals. >>> The latest Featured Stock Update with an annotated graph appeared on 10/13/2020. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
BCOV - NASDAQ - Computer Sftwr-Edu/Media Brightcove Inc	$13.77	+0.65 4.99%	$14.07	$14.11	-2.38%	472,345 217.67%	217,000
Most Recent Note for BCOV - 10/29/2020 12:17:26 PM Perched near its 52-week high today while posting another volume-driven gain. Prior mid-day reports noted - "Quarterly and annual earnings history is not a match with the fact-based investment system's fundamental guidelines."
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CHD - NYSE - CONSUMER NON-DURABLES - Cleaning Products Church & Dwight Inc	$85.57	-2.67 -3.03%	$87.28	$98.96	-13.53%	1,310,153 102.84%	1,274,000
Most Recent Note for CHD - 10/29/2020 12:18:53 PM Gapped down today abruptly retreating below prior lows in the $89 area. Earnings rose +6% on +14% sales revenues for the Sep '20 quarter versus the year ago period. Prior comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Its earnings growth history is below guidelines of the fact-based investment system.
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CLGX - NYSE - Finance-Mrtg&Rel Svc Corelogic Inc	$76.55	+0.32 0.42%	$77.40	$78.45	-2.42%	519,886 63.87%	814,000
Most Recent Note for CLGX - 10/29/2020 12:19:21 PM Spiked to a new high on the prior session. Held its ground stubbornly since a gap up on 6/26/20 following M&A news. Reported earnings +70% on +16% sales revenues for the Sep '20 quarter versus the year ago period, its 4th strong quarter above the +25% minimum guideline (C criteria). Up and down annual earnings history (A criteria) has not been strong and steady.
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EQIX - NASDAQ - Finance-Property REIT Equinix Inc	$741.36	-14.71 -1.95%	$767.74	$839.77	-11.72%	229,627 65.80%	349,000
Most Recent Note for EQIX - 10/29/2020 12:28:18 PM Slumped from its all-time high and below its 50 DMA line since last noted with caution in the 10/08/20 mid-day report - "Prior quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines. Completed a new Public Offering on 5/12/20 when last noted in the mid-day report with caution."
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ETSY - NASDAQ - Retail-Internet Etsy Inc	$133.84	-5.80 -4.15%	$138.94	$154.88	-13.59%	4,781,159 113.27%	4,221,000
Most Recent Note for ETSY - 10/29/2020 12:33:21 PM Retreating and testing its 50 DMA line ($128) with volume-driven losses while pulling back after wedging to new 52-week and all-time highs with gains lacking great volume conviction. Reported very strong earnings and sales revenues increases for the Jun and Sep '20 quarters versus year ago periods. Fundamental concerns remain as the 3 prior quarterly earnings comparisons were negative. After years of losses it showed earnings in FY 17-19.
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EV - NYSE - FINANCIAL SERVICES - Asset Management Eaton Vance Corp	$59.43	+0.32 0.53%	$59.63	$62.45	-4.84%	907,196 57.64%	1,574,000
Most Recent Note for EV - 10/29/2020 12:33:46 PM Stubbornly holding its ground since a big gap up on 10/08/20 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	$90.01	-3.30 -3.54%	$92.88	$97.93	-8.09%	2,819,925 104.29%	2,704,000
Most Recent Note for FSLR - 10/29/2020 12:34:28 PM Pulling back today, it hit a new 52-week high on the prior session with a considerable "breakaway gap" and volume-driven gain. Bullish action came after it reported Sep '20 quarterly earnings +400% on +70% sales revenues versus the year ago period. Prior earnings history is not a match with the fact-based investment system's guidelines (C and A criteria). It was dropped from the Featured Stocks list on 6/4/2008.
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FSV - NASDAQ - Real Estate Dvlpmt/Ops Firstservice Corp	$135.04	+6.52 5.07%	$135.04	$138.86	-2.75%	90,105 143.02%	63,000
Most Recent Note for FSV - 10/29/2020 12:35:59 PM Found prompt support near its 50 DMA line and today marks its 3rd consecutive gain with above average volume. Reported earnings +29% on +10% sales revenues for the Sep '20 quarter. Prior quarterly comparisons were not strong and steady above the +25% minimum guideline (C criteria).
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HDB - NYSE - BANKING - Foreign Regional Banks H D F C Bank Ltd Adr	$57.40	-1.17 -2.00%	$57.70	$65.38	-12.21%	850,443 63.99%	1,329,000
Most Recent Note for HDB - 10/29/2020 12:40:02 PM Went through a choppy consolidation since noted near its all-time high in the 12/17/19 mid-day report. Reported earnings +14% on +2% sales revenues for the Sep '20 quarter and fundamental concerns remain. Prior quarterly earnings growth has been below the +25% minimum earnings guideline (C criteria). This India-based financial institution was dropped from the Featured Stocks list on 1/17/08. Completed a new Public Offering on 2/05/15.
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HOV - NYSE - MATERIALS & CONSTRUCTION - Residential Construction Hovnanian Enterprises A	$32.54	-0.11 -0.34%	$33.61	$38.18	-14.77%	215,559 141.82%	152,000
Most Recent Note for HOV - 10/29/2020 12:42:02 PM Slumped below its 50 DMA line ($32.72) since last noted with caution at its 52-week high in the 10/05/20 mid-day report - "Fundamental concerns remain as its quarterly and annual earnings history (C and A criteria) is not a match with the fact-based investment system's fundamental guidelines."
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IPHI - NYSE - Elec-Semicondctor Fablss Inphi Corp	$139.63	+28.66 25.83%	$142.50	$142.00	-1.67%	7,795,814 848.29%	919,000
Most Recent Note for IPHI - 10/29/2020 12:44:40 PM Gapped up today for a considerable volume-driven gain hitting a new all-time high. Reported Sep '20 quarterly earnings +96% on +92% sales revenues versus the year ago period, its 3rd consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a previously noted downturn in FY '18, a flaw in its annual earnings (A criteria) history.
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JD - NASDAQ - Retail-Internet JD.com Inc Cl A Ads	$82.77	+2.69 3.36%	$84.93	$86.58	-4.40%	7,142,081 63.38%	11,268,000
Most Recent Note for JD - 10/29/2020 12:48:28 PM Hovering near its all-time high. Completed a new Public Offering on 6/11/20. Found support at its 50 DMA line during its ongoing ascent. Volume totals have been cooling while consolidating since last noted with caution in the 10/12/20 mid-day report - "Reported Jun '20 quarterly earnings +52% on +30% sales revenues versus the year ago period. This Chinese retailer's prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Up and down annual earnings (A criteria) history is not a match with the fact-based investment system's fundamental guidelines."
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LVGO - NASDAQ - Medical-Products Livongo Health Inc	$144.55	-0.85 -0.58%	$145.91	$151.05	-4.30%	1,522,661 76.94%	1,979,000
Most Recent Note for LVGO - 10/29/2020 12:53:32 PM Hovering above its 50 DMA line and near its all-time high since last noted in the 8/06/20 mid-day report following M&A news with Teladoc Health Inc (TDOC). Reported Sep '20 quarterly earnings per share of 16 cents versus a loss of 3 cents on +126% sales revenues from the year-ago period. Reported very strong quarterly results versus prior year ago periods but fundamental concerns remain. Digital health firm's limited history remains a concern. Went through a choppy consolidation since completing its $28 IPO on 7/25/20.
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MOH - NYSE - HEALTH SERVICES - Health Care Plans Molina Healthcare Inc	$187.90	-5.33 -2.76%	$205.00	$215.62	-12.86%	225,874 58.82%	384,000
Most Recent Note for MOH - 10/29/2020 12:55:18 PM Pulling back and testing its 50 DMA line ($187). Reported earnings +19% on +18% sales revenues for the Sep '20 quarter 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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MORN - NASDAQ - DIVERSIFIED SERVICES - Research Services Morningstar Inc	$192.84	+14.07 7.87%	$201.69	$188.70	2.19%	277,541 289.11%	96,000
Most Recent Note for MORN - 10/29/2020 12:56:55 PM Powering to a new all-time high with a big gain on heavy volume today. Reported Sep '20 quarterly earnings +46% on +14% sales revenues versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly earnings comparisons were negative and not above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history is not a match with the investment system's fundamental guidelines.
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MSA - NYSE - Security/Sfty M S A Safety Inc	$126.99	-9.10 -6.68%	$129.51	$147.00	-13.62%	101,969 84.97%	120,000
Most Recent Note for MSA - 10/29/2020 1:00:18 PM Gapped down today violating its 50 DMA line ($133). Reached new all-time high territory in recent weeks with gains lacking great volume conviction. Reported earnings -18% on -13% sales revenues for the Sep '20 quarter versus the year ago period. Prior quarterly comparisons had earnings increases below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history improved steadily.
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PKI - NYSE - Medical-Research Eqp/Svc Perkinelmer Inc	$129.23	+4.83 3.88%	$130.90	$134.39	-3.84%	543,500 65.32%	832,000
Most Recent Note for PKI - 10/29/2020 1:05:59 PM Rallying near its all-time high with today's big gain. Found prompt support at its 50 DMA line ($121) during prior consolidations. Reported earnings +97% on +36% sales revenues for the Sep '20 quarter versus the year ago period, its 2nd strong quarterly comparison. Fundamental concerns remain. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has improved steadily.
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PRGX - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services P R G X Global Inc	$5.54	+0.18 3.36%	$5.70	$6.11	-9.33%	87,571 282.49%	31,000
Most Recent Note for PRGX - 10/29/2020 1:07:53 PM Fundamental concerns remain. Low-priced stocks are discouraged from consideration unless all key criteria of the fact-based investment system are solidly satisfied.
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ROL - NYSE - DIVERSIFIED SERVICES - Business/Management Services Rollins Inc	$60.31	-1.05 -1.71%	$61.72	$62.43	-3.40%	627,767 63.03%	996,000
Most Recent Note for ROL - 10/29/2020 1:08:49 PM Perched at its all-time high following a big volume-driven gain on the prior session when the mid-day report noted - "Reported earnings +18% on +5% sales revenues for the Sep '20 quarter versus the year ago period. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings growth history has been steady. There was a 3-2 split effective 12/11/18."
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SAIA - NASDAQ - TRANSPORTATION - Trucking Saia Inc	$143.57	+1.77 1.25%	$145.52	$151.36	-5.15%	189,238 104.55%	181,000
Most Recent Note for SAIA - 10/29/2020 1:10:54 PM Hovering near its all-time high and testing support today near its 50 DMA line. Rebounded impressively from a deep pullback in March. Reported earnings +25% on +3% sales revenues for the Sep '20 quarter. Prior quarterly earnings increases were below the +25% minimum guideline (C criteria). Annual earnings (A criteria) history has improved following a downturn in FY '16.
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SHOP - NYSE - Computer Sftwr-Enterprse Shopify Inc	$1,001.96	-24.75 -2.41%	$1,054.56	$1,146.91	-12.64%	2,104,566 119.51%	1,761,000
Most Recent Note for SHOP - 10/29/2020 1:15:16 PM Faces near term resistance up to the $1,146 level. Slumping below its 50 DMA line ($1,013) with today's loss on above above average volume. Reported Sep '20 quarterly earnings of $1.13 per share versus a loss of 29 cents per share on +96% sales revenues versus the year ago period. The Ontario, Canada-based Computer Software - Enterprise firm's prior quarters showed big earnings increases well above the +25% minimum guideline (C criteria) with very strong underlying sales revenues growth. After years of losses it had strong earnings growth in FY '17-19 (A criteria).
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SNE - NYSE - CONSUMER DURABLES - Electronic Equipment Sony Corp American Shrs	$82.84	+1.24 1.52%	$83.88	$84.15	-1.56%	888,919 88.27%	1,007,000
Most Recent Note for SNE - 10/29/2020 1:16:32 PM This Japan-based giant in the Media- Diversified industry gapped up today challenging multi-year highs. Reported Sep '20 earnings +155% on +2% sales revenues versus the year ago period. Prior quarterly and annual earnings (C and A criteria) history has been erratic and is not a match with the fact-based investment system's fundamental guidelines.
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UMC - NYSE - ELECTRONICS - Semiconductor - Integrated Cir United Microelectrnc Adr	$5.48	-0.04 -0.72%	$5.84	$5.91	-7.28%	2,657,942 100.87%	2,635,000
Most Recent Note for UMC - 10/29/2020 1:19:31 PM Pulling back today from very near its 52-week high. Reported Sep '20 quarterly earnings +225% on +28% sales revenues versus the year ago period. Last week the company reported that it expects to soon settle litigation and regulatory concerns with regard to a Micron (MU) dispute. Prior mid-day reports noted - "Reported Jun '20 quarterly earnings +350% on +30% sales revenues versus the year-ago period and recent quarters showed solid earnings and improved sales revenues increases. Up and down annual earnings (A criteria) history is not a good match with the fact-based investment system's fundamental guidelines."
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UPS - NYSE - TRANSPORTATION - Air Delivery & Freight Service United Parcel Svc Cl B	$162.64	+6.86 4.40%	$164.02	$178.01	-8.63%	2,714,580 72.74%	3,732,000
Most Recent Note for UPS - 10/29/2020 1:20:00 PM Gapped down on the prior session violating its 50 DMA line ($165). Reported Sep '20 quarterly earnings +10% on +16% sales revenues versus the year ago period. Recently wedged to new all-time highs with gains lacking great volume conviction. Held its ground stubbornly and edged higher after a "breakaway gap" when noted in the 7/30/20 mid-day report - "Reported Jun '20 quarterly earnings +9% on +13% sales revenues versus the year ago period. Fundamental concerns remain."
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VCRA - NYSE - Comml Svcs-Healthcare Vocera Communications	$34.84	+0.92 2.71%	$34.85	$35.36	-1.47%	180,990 62.41%	290,000
Most Recent Note for VCRA - 10/29/2020 1:20:16 PM Churning heavy volume this week with Sep '20 quarterly earnings news due. Prior mid-day reports noted - "Faces resistance due to overhead supply up to the $42 level while hovering near its 52-week high. Found support near its 50 DMA line ($29.32) during the consolidation since a big gap up when noted with caution in the 7/29/20 mid-day report after reporting Jun '20 earnings +43% on +6% 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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WDFC - NASDAQ - CHEMICALS - Specialty Chemicals W D 40 Co	$249.88	+4.63 1.89%	$250.70	$245.40	1.83%	68,501 78.74%	87,000
Most Recent Note for WDFC - 10/29/2020 1:21:13 PM Hitting new all-time highs with impressive volume-driven gains continuing this week. The 10/23/20 mid-day report last noted - "Bullish action came after it reported earnings +125% on +5% sales revenues for the Aug '20 quarter. Fundamental concerns remain. Prior quarterly earnings increases were not strong and steady above the +25% minimum guideline (C criteria)."
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