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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, OCTOBER 30TH, 2013
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DOW 15658.48 -21.87 (-0.14%) | NASDAQ 3937.03 -15.31 (-0.39%) | S&P 500 1767.18 -4.77 (-0.27%)
Time of Screening : 10/30/2013 12:03:32 PM         Report Released : 10/30/2013 1:58:13 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 75% 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
Max Buy
KORS - NYSE
Michael Kors Hldgs Ltd
$78.30 +0.92
1.19%
$78.75 2,763,590
86.09% of 50 DAV
50 DAV is 3,210,200
$78.83
-0.67%
8/6/2013 $69.66 PP = $66.28
MB = $69.59
Most Recent Note - 10/30/2013 12:59:33 PM
G - Trading heavy volume behind recent gains but making limited price progress versus prior highs in the $78 area, noted as sign it has been enduring distributional pressure. Recent low ($70.59 on 10/09/13) defines the next important near-term support area below its 50 DMA line ($74.64 now).
>>> The latest Featured Stock Update with an annotated graph appeared on 9/27/2013. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
LOPE - NASDAQ
Grand Canyon Education
$49.50 +6.15
14.19%
$50.48 1,263,996
377.88% of 50 DAV
50 DAV is 334,500
$44.62
10.94%
6/19/2013 $31.47 PP = $34.17
MB = $35.88
Most Recent Note - 10/30/2013 1:13:29 PM
G - Gapped up today for a considerable volume-driven gain and another new all-time high. Reported earnings +17% on +14% sales revenues for the Sep '13 quarter, its 2nd quarterly comparison. Fundamental concerns remain while technical action has been reassuring.
>>> The latest Featured Stock Update with an annotated graph appeared on 10/14/2013. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
ULTI - NASDAQ
Ultimate Software Group
$161.30 +8.12
5.30%
$162.88 152,286
106.34% of 50 DAV
50 DAV is 143,200
$156.61
2.99%
10/16/2013 $142.95 PP = $151.18
MB = $158.74
Most Recent Note - 10/30/2013 1:55:16 PM
G - Hit another new 52-week high with today's 5th consecutive gain, rallying just beyond its "max buy" level and its color code is changed to green while getting extended from its prior base. Volume-driven gains were noted when a technical buy signal was triggered. Disciplined investors avoid chasing extended stocks that have rallied more than +5% above their prior highs.
>>> The latest Featured Stock Update with an annotated graph appeared on 10/17/2013. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
ADVS - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Advent Software Inc
$34.90 +0.51
1.48%
$35.83 $36.21 -3.62% 279,759
87.29%
320,500
Most Recent Note for ADVS - 10/30/2013 12:19:33 PM
Hitting new multi-year highs with today's 2nd consecutive small gain backed by above average volume, getting extended from any sound base. Reported earnings +19% on +7% sales for the Sep '13 quarter. Made gradual progress, issued a Special Dividend, and completed a Secondary Offering since last noted in the 6/21/13 mid-day report with caution - "Prior history is not a match with the fact-based investment system's guidelines (C criteria), although it has a good annual earnings (A criteria) history and it has earned high ranks."
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AMBA - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Ambarella Inc
$19.90 -1.60
-7.42%
$21.05 $22.67 -12.20% 1,033,792
82.26%
1,256,700
Most Recent Note for AMBA - 10/30/2013 12:22:44 PM
Gapped down today, retreating from new 52-week highs hit last week with higher volume losses indicative of distributional pressure. Stayed well above its 50 DMA line during its consolidation after noted in the 10/01/13 mid-day report with caution -"Reported earnings +13% on +35% sales revenues for the Jul '13 quarter, below the +25% minimum earnings guideline (C criteria). Found support at its 200 DMA line during its consolidation after violating prior lows near $15.50 when dropped from the Featured Stocks list on 8/21/13."
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BBSI - NASDAQ - DIVERSIFIED SERVICES - Staffing & Outsourcing Service
Barrett Business Svcs
$78.80 +9.61
13.89%
$81.94 $77.59 1.56% 90,734
313.96%
28,900
Most Recent Note for BBSI - 10/30/2013 12:27:29 PM
Hitting a new 52-week high with a gap up and considerable volume-driven gain today after testing support at its 50 DMA line with a volume-driven loss on the prior session. Reported earnings +49% on +33% sales revenues for the Sep '13 quarter, but fundamental concerns remain. Last noted in the 4/23/13 mid-day report with caution - "Its annual earnings history (A criteria) has not been strong and steady enough to be a match with the fact-based system's guidelines, considering the drastic downturn in FY '08 and '09 earnings."
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BIDU - NASDAQ - INTERNET - Internet Information Providers
Baidu Inc Ads
$161.92 +2.51
1.57%
$169.75 $167.55 -3.36% 9,436,292
267.17%
3,531,900
Most Recent Note for BIDU - 10/30/2013 12:35:14 PM
Reported earnings +6% on +46% sales revenues for the Sep '13 quarter, and fundamental concerns remain. Hit a new 52-week high after gapping up today. Recently topped its 2011 all-time high with a considerable volume-driven gain. Prior mid-day reports repeatedly cautioned members - "Fundamentals have deteriorated with earnings increases reported below the +25% minimum guideline (C criteria) in the Mar (+15%) and Jun '13 (-1%) quarterly comparisons versus the year ago periods while still maintaining very strong sales revenues growth. History includes a great annual earnings (A criteria) track record. After noted on 8/06/11 when it was dropped from the Featured Stocks list it subsequently went through a deep consolidation below its 200 DMA line before rebounding."
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BLKB - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Blackbaud Inc
$36.38 -5.63
-13.39%
$42.23 $42.18 -13.76% 253,146
159.71%
158,500
Most Recent Note for BLKB - 10/30/2013 12:35:31 PM
Undercut its 50 DMA line and prior lows earlier today then found prompt support and rebounded into positive territory. Perched at its 52-week high with no overhead supply to act as resistance. Prior mid-day reports cautioned - "Reported earnings +32% on +14% sales revenues for the quarter ended June 30, 2013 versus the year ago period, marking its 2nd comparison with earnings above the +25% minimum guideline. Prior quarterly and annual earnings (C and A criteria) history has been below guidelines leaving fundamental concerns."

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BOFI - NASDAQ - BANKING - Savings & Loans
B O F I Holding Inc
$62.36 -4.24
-6.37%
$65.74 $71.39 -12.65% 242,657
117.28%
206,900
Most Recent Note for BOFI - 10/30/2013 12:41:45 PM
Violating its 50 DMA line today raising concerns while slumping near prior lows in the $61 area with a gap down and damaging volume-driven loss. Abruptly retreating from its 52-week high and slumping back into the previously noted 9-week flat base. Due to report Tuesday, November 5, 2013, after the close financial results for the quarter ended September 30, 2013. Noted in prior mid-day reports with caution - "Reported earnings +22% on +27% sales revenues for the Jun '13 quarter. Quarterly earnings increases in the prior 2 comparisons were above the +25% minimum guideline (C criteria). It has earned high ranks, however a downturn in its FY '11 earnings was previously noted as a flaw with respect to the A criteria. The Finance - Savings & Loan industry currently has a mediocre 52 Group Relative Strength Rating, however some Finance firms are providing leadership. There are 11.9 million shares reportedly in the publicly traded float, and the small supply (S criteria) of shares can contribute to greater price volatility upon any institutional buying or selling."
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BWLD - NASDAQ - LEISURE - Restaurants
Buffalo Wild Wings Inc
$138.64 +9.13
7.05%
$143.90 $129.81 6.80% 846,209
286.17%
295,700
Most Recent Note for BWLD - 10/30/2013 12:44:35 PM
Considerable gap up gain for another new 52-week high with today's 4th consecutive gain backed by above average volume. Reported earnings +67% on +28% sales revenues for the Sep '13 quarter but fundamental concerns remain. Held its ground stubbornly and rallied since noted with caution in the 10/02/13 mid-day report - "Reported earnings +42% on +28% sales revenues for the quarter ended June 30, 2013 versus the year ago period. Quarterly earnings increases were below the +25% minimum guideline (C criteria) in 5 prior quarterly comparisons versus the year ago periods. Annual earnings (A criteria) history has been strong."
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CBI - NYSE - MATERIALS & CONSTRUCTION - General Contractors
Chicago Bridge & Iron Co
$73.96 +0.19
0.26%
$76.16 $75.70 -2.30% 789,925
84.85%
931,000
Most Recent Note for CBI - 10/30/2013 12:46:09 PM
Touched a new 52-week high today with a 2nd consecutive small gain with above average volume. The 10/01/13 mid-day report cautioned members - "Recently rallied from a 4-month flat base. It showed strong sales and earnings increases above the +25% minimum guideline (C criteria) in the 3 latest quarterly comparisons through Jun '13, but fundamental concerns remain. Annual earnings (A criteria) have improved following a downturn in FY '09."

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HPY - NYSE - DIVERSIFIED SERVICES - Business/Management Services
Heartland Payment Sys
$41.32 -0.65
-1.55%
$42.20 $43.54 -5.10% 232,547
89.06%
261,100
Most Recent Note for HPY - 10/30/2013 12:52:06 PM
Consolidating above prior highs and -5.1% off its 52-week high today. Reported earnings +22% on +5% sales revenues for the quarter ended Sep 30, 2013 versus the year ago period. Rallied with above average volume and cleared a sound base pattern with no resistance due to overhead supply when the 10/16/13 mid-day report last cautioned members - "Reported earnings +22% on +6% sales revenues for the quarter ended June 30, 2013 versus the year ago period. Prior quarters showed better earnings but with sub par sales revenues growth. Dowturn in FY '09 and '10 earnings is a flaw concerning its annual earnings (A criteria) history."
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ICON - NASDAQ - CONSUMER NON-DURABLES - Textile - Apparel Footwear
Iconix Brand Group Inc
$35.82 +0.88
2.52%
$35.95 $35.23 1.67% 517,272
97.73%
529,300
Most Recent Note for ICON - 10/30/2013 12:54:19 PM
Hitting a new 52-week high with above average volume behind today's considerable 3rd consecutive gain. Reported earnings +44% on +24% sales revenues for the Sep '13 quarter, marking its 3rd consecutive quarterly earnings increase above the +25% guideline (C criteria). Prior comparisons showed lackluster sales and earnings growth. It undercut its 50 DMA line during its consolidation since noted in the 7/24/13 mid-day report with caution - "Annual earnings (A criteria) history has been steady, however only the past 2 quarterly comparisons through Jun '13 showed earnings increasing above the +25% guideline."

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JCI - NYSE - AUTOMOTIVE - Auto Parts
Johnson Controls Inc
$45.78 +0.73
1.62%
$46.59 $45.70 0.18% 3,299,978
102.66%
3,214,600
Most Recent Note for JCI - 10/30/2013 12:56:36 PM
Hitting new 52-week highs with today's 2nd consecutive big volume-driven gain. Earnings and sales history are below guidelines. Current earnings per share should be up +25% or more and in many cases accelerating in recent quarters. Quarterly sales should also be up +18-25% or more or accelerating over prior quarters.
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LNKD - NYSE - INTERNET - Internet Information Providers
Linkedin Corp Class A
$230.48 -16.66
-6.74%
$242.70 $257.56 -10.51% 4,698,641
234.67%
2,002,200
Most Recent Note for LNKD - 10/30/2013 1:03:30 PM
Encountering distributional pressure after gapping down today, violating its 50 DMA line with a damaging volume-driven loss. Reported earnings +77% on +56% sales revenues for the Sep '13 quarter, continuing its strong earnings history satisfying the C and A criteria. Completed a new Public Offering on 9/04/13 while perched at all-time highs. Prior mid-day reports repeatedly cautioned members - "Patient investors may watch for a secondary buy point or new base to develop in the weeks ahead. Rebounded above its 50 DMA line in recent weeks following a deeper consolidation since dropped from the Featured Stocks list when noted on 5/28/13."
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MRTN - NASDAQ - TRANSPORTATION - Trucking
Marten Transport Ltd
$18.71 +0.37
2.02%
$18.84 $18.62 0.48% 81,837
83.59%
97,900
Most Recent Note for MRTN - 10/30/2013 1:30:18 PM
Hitting a new 52-week high today with its 9th consecutive gain. Undercut its 50 DMA line during its recent consolidation then rebounded. Reported earnings +20% on +2% sales revenues for the Sep '13 quarter. Prior mid-day reports cautioned - "Shares split 3:2 effective 6/17/13. Lackluster sales revenues growth and earnings (C criteria) history make it a sub par candidate under the fact-based investment system."
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PRSC - NASDAQ - HEALTH SERVICES - Specialized Health Services
Providence Service Corp
$29.83 -0.38
-1.26%
$30.50 $31.31 -4.73% 93,307
142.89%
65,300
Most Recent Note for PRSC - 10/30/2013 1:33:09 PM
Perched near its 52-week high building a long flat base. Fundamentals are not a match with the C and A guidelines of the fact-based investment system.
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PRXL - NASDAQ - DIVERSIFIED SERVICES - Research Services
Parexel Intl Corp
$47.12 -7.73
-14.09%
$48.21 $55.02 -14.36% 2,911,278
795.00%
366,200
Most Recent Note for PRXL - 10/30/2013 1:37:28 PM
Gapped down today and violated its 50 DMA line with a damaging loss backed by heavy volume. Reported earnings +55% on +14% sales revenues for the Sep '13 quarter. Noted in prior mid-day reports with caution - "Reported earnings +47% on +15% sales for the Jun '13 quarter marking its 5th consecutive quarterly comparison with earnings above the +25% minimum guideline (C criteria). It rebounded impressively however fundamental concerns remain following a downturn in FY '11 earnings (A criteria). Members may view its Company Profile page under the "Featured Articles and Daily Graphs" tab showing a prior FSU article under the headline, "Pulling Parachute Early Can Spare Yourself Some Pain". It gave a clear look back at its prior breakdown - an example why losses should always be limited at 7-8%."
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RFIL - NASDAQ - ELECTRONICS - Diversified Electronics
R F Industries Ltd
$9.43 -0.86
-8.36%
$10.86 $10.74 -12.20% 317,234
365.48%
86,800
Most Recent Note for RFIL - 10/30/2013 1:40:52 PM
Hit another new 52-week high today and then reversed into the red after an impressive streak of gains marked by above average volume. Prior mid-day reports repeatedly cautioned members - "Reported strong sales revenues and earnings increases for the Jul '13 quarter, continuing its recent series of improved increases. Found support at its 200 DMA line during its deep consolidation then gradually rebounded since noted with caution in the 6/13/13 mid-day report - 'It faces no resistance due to overhead supply. Annual earnings history (A criteria) has been up and down, not a match with the fact-based investment system's guidelines. Low-priced stocks are discouraged from consideration under the fact-based system unless all key criteria are solidly satisfied.'"
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ROSE - NASDAQ - ENERGY - Independent Oil &; Gas
Rosetta Resources Inc
$61.49 +0.50
0.82%
$65.30 $62.26 -1.24% 1,294,914
139.42%
928,800
Most Recent Note for ROSE - 10/30/2013 1:44:46 PM
Gapped up and hit a new 52-week high today. The 3 latest quarterly comparisons through Jun '13 show strong earnings increases satisfying the C criteria. Its annual earnings history has been up and down, not a good match with the winning models of the fact-based investment system.
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RPXC - NASDAQ - Elec-Misc Products
R P X Corporation
$18.32 +0.98
5.65%
$18.75 $19.88 -7.85% 802,532
232.15%
345,700
Most Recent Note for RPXC - 10/30/2013 1:46:23 PM
Gapped up today rallying from its 50 DMA line. Reported earnings +17% on +24% sales revenues for the Sep '13 quarter. Fundamental concerns remain. Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria).
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SAVE - NASDAQ - TRANSPORTATION - Regional Airlines
Spirit Airlines Inc
$40.58 -2.47
-5.74%
$46.40 $45.18 -10.18% 1,076,508
133.26%
807,800
Most Recent Note for SAVE - 10/30/2013 1:48:39 PM
Hit a new 52-week high today then reversed into the red. Added more volume-driven gains following a "breakaway gap" on 10/11/13 as the mid-day report cautioned members - "No resistance remains due to overhead supply. Reported earnings +29% on +18% sales revenues for the quarter ended June 30, 2013 versus the year ago period, its 2nd consecutive strong quarterly earnings comparison. Prior quarterly comparisons in Sep and Dec '12 showed earnings lower than the year ago periods, not meeting the C criteria. Completed a Secondary Offering on 1/20/12 after its 5/26/11 IPO at $12."
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WX - NYSE - DRUGS - Drug Manufacturers - Other
Wuxi Pharmatech Inc Ads
$29.85 -0.46
-1.52%
$30.48 $30.91 -3.43% 346,471
75.78%
457,200
Most Recent Note for WX - 10/30/2013 1:57:56 PM
Churning above average volume while recently hovering in a tight range near its 52-week high after an impressive streak of weekly gains. No resistance remains due to overhead supply. Prior mid-day reports cautioned members - "Reported earnings +39% on +9% sales revenues for the Jun '13 quarter but fundamental concerns remain. This Chinese Medical/Dental Services firm's earnings history is not a match with the fact-based investment system's guidelines calling for the 3 or 4 most recent quarters to have earnings increases above the +25% guideline (C criteria)."
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