Mid-Day Breakouts Report - Monday, November 14th, 2022

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MIDDAY BREAKOUTS REPORT - MONDAY, NOVEMBER 14TH, 2022
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DOW 33801.83 53.97 (0.16%) | NASDAQ 11270.91 -52.42 (-0.46%) | S&P 500 3985 -7.93 (-0.20%)

Time of Screening : 11/14/2022 12:13:26 PM Report Released : 11/14/2022 1:23:56 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
ANET - NYSE Arista Networks, Inc	$132.05	+3.50 2.72%	$133.45	1,721,643 71.14% of 50 DAV 50 DAV is 2,420,000	$148.57 -11.12%	11/14/2022	$132.05	PP = $133.70 MB = $140.39
Most Recent Note - 11/14/2022 Y - Color code is changed to yellow with pivot point cited based on its 11/04/22 high after a cup-with-handle base. A gain and close above the pivot point backed by at least +40% above average volume may trigger a technical buy signal. Perched near its August high with today's volume-driven gain, but it still faces some resistance due to overhead supply up to the $148 level. Reported Sep '22 quarterly earnings +69% on +57% sales revenues versus the year ago period, its 4th quarterly comparison strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings had a downturn in FY 20 like many during the pandemic. >>> The latest Featured Stock Update with an annotated graph appeared on 4/22/2019. Click here.
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ENPH - NASDAQ Enphase Energy Inc	$301.00	+8.99 3.08%	$303.24	2,443,742 59.57% of 50 DAV 50 DAV is 4,102,000	$324.84 -7.34%	10/26/2022	$301.55	PP = $324.94 MB = $341.19
Most Recent Note - 11/14/2022 12:41:11 PM Y - Rebounding near recent highs with today's solid gain. Recently challenged its 52-week high and pivot point. Faces little near-term resistance due to overhead supply up to the $324 level. Its 50 DMA line ($283) defines near-term support above the recent low ($262.60 on 11/07/22). Fundamentals remain strong. >>> The latest Featured Stock Update with an annotated graph appeared on 10/28/2022. Click here.
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Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ABC - NYSE - Medical-Whlsle Drg/Suppl Amerisourcebergen Corp	$156.10	+3.09 2.02%	$156.62	$167.19	-6.63%	909,838 65.69%	1,385,000
Most Recent Note for ABC - 11/14/2022 12:17:44 PM Pulling back abruptly last week after proposing a Secondary Offering. Hit a new all-time high on 11/04/22 when noted with caution in the mid-day report - "Reported earnings +9% on +4% sales revenues for the Sep '22 quarter versus the year ago period. Prior earnings were not strong and steady above the +25% minimum (C criteria). Its annual earnings (A criteria) growth has been steady even through the pandemic."
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AFYA - NASDAQ - Consumer Svcs-Education Afya Limited Cl A	$16.40	+0.12 0.74%	$16.55	$17.80	-7.87%	213,661 67.83%	315,000
Most Recent Note for AFYA - 11/14/2022 12:19:43 PM Inching higher with today's 4th consecutive volume-driven gain adding to a steady spurt higher. Prior mid-day reports noted - "Reported strong Mar and Jun '22 quarterly results. Fundamental concerns remain. Faces resistance due to overhead supply up to the $28 level."
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AMKR - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir Amkor Technology Inc	$26.13	+0.89 3.53%	$26.14	$26.64	-1.91%	535,162 63.33%	845,000
Most Recent Note for AMKR - 11/14/2022 12:25:55 PM Today's 3rd consecutive volume-driven gain has it rebounding toward its 52-week and Sep '21 highs after a 14 month consolidation. Little resistance remains up to the $29.50 level. Reported Sep '22 quarterly earnings +68% on +24% sales revenues versus the year ago period. Three of the past 4 quarterly comparisons were above the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) history showed great growth after a small downturn in FY '19
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AMN - NYSE - Comml Svcs-Staffing A M N Healthcare Svcs	$120.14	+7.23 6.40%	$121.48	$129.12	-6.95%	410,602 63.46%	647,000
Most Recent Note for AMN - 11/14/2022 12:27:43 PM Rebounding toward its 52-week high today after retesting its 50 DMA line ($112.28) on the prior session with another big loss. Reported Sep '22 quarterly earnings +49% on +30% sales revenues versus the year ago period, its 7th strong quarter versus the year ago period. Annual earnings (A criteria) growth had a downturn on FY '19.
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DMLP - NASDAQ - ENERGY - Independent Oil & Gas Dorchester Minerals Lp	$29.22	-0.27 -0.92%	$30.07	$32.61	-10.40%	73,484 71.34%	103,000
Most Recent Note for DMLP - 11/14/2022 12:37:43 PM Has a new CEO as of 10/03/22. Found support above its 50 DMA line ($28.09) after encountering distributional pressure when recently perched within close striking distance of its 52-week high. Fundamental concerns remain. The 7 latest quarterly comparisons through Sep '22 showed very strong sales revenues and earnings increases over the year ago periods. However, its annual earnings history (A criteria) has been up and down.
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FICO - NYSE - Computer Sftwr-Financial Fair Isaac Corp	$602.14	-5.43 -0.89%	$604.10	$623.15	-3.37%	140,769 58.41%	241,000
Most Recent Note for FICO - 11/14/2022 12:42:57 PM Gapped up on 2 prior sessions rallying into new all-time high territory with considerable volume-driven gains. Prior mid-day reports noted - "Reported earnings +12% on +4% sales revenues for the quarter ended September 30, 2022 versus the year ago period, breaking a streak of 3 quarterly comparisons above the +25% minimum earnings guideline (C criteria). Sub par sales revenues growth has been noted as cause for concern. Annual earnings (A criteria) history has been steady."
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FLEX - NASDAQ - Elec-Contract Mfg Flex Ltd	$19.79	-0.27 -1.36%	$20.18	$20.50	-3.48%	2,583,556 60.26%	4,287,000
Most Recent Note for FLEX - 11/14/2022 12:44:15 PM Perched at a new multi-year high today following volume-driven gains. Report Sep '22 quarterly earnings +31% on +25% sales revenues versus the year ago period but fundamental concerns remain. Quarterly and annual earnings (C and A criteria) history is not a match with the fact-based investment system's guidelines.
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FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$34.53	+0.52 1.54%	$34.95	$36.99	-6.64%	374,447 64.12%	584,000
Most Recent Note for FLNG - 11/14/2022 12:45:18 PM Consolidating above its 50 DMA line and perched within close striking distance of its 52-week high. Due to report Sep '22 quarterly results on 11/15/22. 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) was previously noted as a fundamental flaw with respect to the strict guidelines of the fact-based investment system.
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GLP - NYSE - WHOLESALE - Basic Materials Wholesale Global Partners Lp	$31.60	+0.91 2.96%	$32.42	$34.20	-7.61%	347,631 313.18%	111,000
Most Recent Note for GLP - 11/14/2022 12:46:33 PM Rebounding toward its 52-week high with today's 3rd consecutive volume-driven gain. Prior mid-day reports cautioned members - "Reported Sep '22 quarterly earnings +263% on +39% sales revenues versus the year ago period. Recent quarterly comparisons through showed great improvement over the year ago periods. Erratic annual earnings (A criteria) history is not a match with the fundamental guidelines of the fact-based investment system."
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GMAB - NASDAQ - Medical-Biomed/Biotech Genmab A/S Ads	$42.44	+0.60 1.43%	$42.67	$47.28	-10.24%	671,735 110.85%	606,000
Most Recent Note for GMAB - 11/14/2022 12:47:23 PM Recently rebounding toward its all-time high. Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +148% on +50% sales revenues versus the year ago period. Prior quarterly comparisons were erratic and its annual earnings (A criteria) had a downturn in FY'21. Limited history remains a concern and has not been a good match with the fundamental guidelines of the fact-based investment system."
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HAE - NYSE - HEALTH SERVICES - Medical Instruments & Supplies Haemonetics Corp	$76.26	-2.99 -3.77%	$80.12	$85.40	-10.70%	283,807 67.73%	419,000
Most Recent Note for HAE - 11/14/2022 12:50:01 PM Testing its 50 DMA line ($78) with today's 2nd consecutive volume-driven loss. Reported earnings +38% on +24% sales revenues for the Sep '22 quarter versus the year ago period. Fundamental concerns remain. Prior quarterly and annual earnings (C and A criteria) and sales revenue growth history is not a match with the guidelines of the fact-based investment system."
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HGBL - NASDAQ - Finance-Investment Mgmt Heritage Global Inc	$2.30	+0.15 6.73%	$2.33	$2.19	5.02%	218,613 642.98%	34,000
Most Recent Note for HGBL - 11/14/2022 12:50:53 PM Hitting another new 52-week high with today's 17th gain in the span of 18 sessions. Reported Sep '22 quarterly earnings +500% on +111% sales revenues versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly and annual earnings (C and A criteria) history has not been a match with the fact-based investment system's guidelines.
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IBN - NYSE - BANKING - Money Center Banks Icici Bank Ltd Adr	$22.50	-0.23 -0.99%	$22.56	$23.49	-4.24%	5,290,370 62.91%	8,409,000
Most Recent Note for IBN - 11/14/2022 12:51:56 PM Consolidating above its 50 DMA line ($22) and still perched within close striking distance of its 52-week high. This India-based bank reported Sep '22 quarterly earnings +22% 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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LLY - NYSE - Medical-Diversified Lilly Eli & Co	$355.93	+4.61 1.31%	$360.80	$366.85	-2.98%	2,431,262 77.93%	3,120,000
Most Recent Note for LLY - 11/14/2022 12:53:59 PM Managed a "positive reversal" after early weakness today. Pulled back with higher volume on the prior session after touching a new all-time high last week with gains lacking great volume conviction. It made gradual progress since dropped from the Featured Stocks list on 8/11/22. Reported Sep '22 quarterly earnings +12% on +2% sales revenues versus the year ago period. Three of the past 4 quarterly comparisons were below the +25% minimum earnings guideline (C criteria) of the fact-based investment system.
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LMT - NYSE - AEROSPACE/DEFENSE - Aerospace/Defense - Major Lockheed Martin Corp	$462.46	-1.40 -0.30%	$471.98	$491.14	-5.84%	937,790 65.26%	1,437,000
Most Recent Note for LMT - 11/14/2022 12:55:23 PM Holding its ground today after a pulling back from its 52-week high with a big volume-driven loss on the prior session. Recently rallied for 10 consecutive volume-driven gains. Rebounded above its 50 and 200 DMA lines after reporting Sep '22 quarterly earnings +4% on +3% sales revenues versus the year ago period. Prior quarterly comparisons were below the +25% minimum earnings guideline (C criteria).
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LYTS - NASDAQ - Bldg-Constr Prds/Misc L S I Industries Inc	$10.44	+0.39 3.85%	$10.59	$10.74	-2.82%	59,097 60.30%	98,000
Most Recent Note for LYTS - 11/14/2022 12:56:49 PM It has not formed a sound looking base. Rallied abruptly from a low of $6.55 on 10/25/22 and hit a new 52-week high last week with volume-driven gains approaching its 2021 high. Recent quarterly comparisons through Sep '22 versus the year ago period showed strong sales revenues and earnings increases versus the year ago periods. Annual earnings history has been strong after a downturn in FY '19.
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NECB - NASDAQ - Finance-Savings & Loan Northeast Cmnty Bancorp	$14.10	+0.09 0.61%	$14.19	$14.06	0.25%	43,175 126.99%	34,000
Most Recent Note for NECB - 11/14/2022 12:58:05 PM Hitting yet another new 52-week high with today's volume-driven gain adding to a recent spurt. Reported Sep '22 quarterly earnings +880% on +56% sales revenues versus the year ago period, its 2nd strong quarterly comparison. Prior quarterly earnings increases through Mar '22 were below the +25% minimum guideline (C criteria) versus the year ago periods.
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NOG - AMEX - ENERGY - Oil & Gas Drilling & Explorati Northern Oil & Gas Inc	$37.54	+0.16 0.43%	$38.87	$39.10	-3.99%	977,405 67.64%	1,445,000
Most Recent Note for NOG - 11/14/2022 1:03:08 PM Rebounding near its 52-week high with today's 3rd consecutive volume-driven gain adding to a recent spurt. Reported strong Jun and Sep '22 quarterly results versus the year ago periods. Fundamental concerns remain with regard to the fact-based investment system's earnings guidelines after a big downturn in FY '19 and '20.
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PCSB - NASDAQ - Banks-Northeast P C S B Financial Corp	$18.88	-0.77 -3.92%	$19.56	$19.95	-5.36%	80,427 111.70%	72,000
Most Recent Note for PCSB - 11/14/2022 1:04:11 PM Retreating near its 50 and 200 DMA lines with a volume-driven loss today. Stalled since the noted 5/24/22 M&A news with Brookline Bancorp Inc (BRKL). Reported earnings +40% on +18% sales revenues for the Sep '22 quarter versus the year ago period, its 5th consecutive quarterly comparison above the +25% minimum earnings guideline (C criteria). Sequential quarterly comparisons show encouraging improvement in its sales revenues growth. Fundamentals are not a great match with the fact-based investment system's fundamental guidelines.
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$82.00	-1.48 -1.77%	$84.09	$86.15	-4.82%	392,516 58.24%	674,000
Most Recent Note for SMCI - 11/14/2022 1:06:14 PM Perched near its all-time high following considerable volume-driven gains. Noted in prior mid-day reports - "Quickly getting extended from the prior high ($74.93 on 8/25/22) after a choppy consolidation. Reported Sep '22 quarterly earnings +490% on +79% sales revenues versus the year ago period, its 4th strong quarterly earnings increase well above the +25% minimum guideline (C criteria). Its annual earnings history (A criteria) had a downturn in FY '21."
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SQM - NYSE - CHEMICALS - Synthetics Sociedad Quimica Y Minra	$106.31	-4.72 -4.25%	$110.10	$115.76	-8.16%	1,082,873 70.87%	1,528,000
Most Recent Note for SQM - 11/14/2022 1:08:57 PM Chile-based Chemicals - Agricultural firm is pulling back today after challenging its all-time high with last week's gains. Found prompt support near its 200 DMA line ($87.85) during the recent consolidation. Due to report Sep '22 quarterly results on 11/16/22. Reported Jun '22 quarterly earnings +871% on +342% sales revenues versus the year ago period. Prior quarterly comparisons have been very strong. Annual earnings history (A criteria) has been erratic in recent years, below the guidelines of the fact-based investment system.
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UNH - NYSE - HEALTH SERVICES - Health Care Plans Unitedhealth Group Inc	$519.93	-2.15 -0.41%	$528.98	$558.10	-6.84%	1,674,816 58.72%	2,852,000
Most Recent Note for UNH - 11/14/2022 1:10:19 PM Retreated abruptly from near its all-time high as a big volume-driven loss on the prior session violated its 50 DMA line ($524) and is tested its 200 DMA line ($511). Prior mid-day reports cautioned members that quarterly comparisons were erratic, not strong and steady above the +25% minimum earnings guideline (C criteria). Annual earnings growth has been strong and steady.
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UNVR - NYSE - Chemicals-Specialty Univar Solutions Inc	$29.73	+0.23 0.76%	$29.87	$34.00	-12.57%	1,288,507 96.01%	1,342,000
Most Recent Note for UNVR - 11/14/2022 1:12:49 PM Quarterly comparisons through Sep '22 showed greatly improved sales revenues and earnings versus the year ago periods. Its annual earnings (A criteria) history had a downturn in FY '19 and '20, not a match with the winning models of the fact-based investment system.
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VIST - NYSE - Oil&Gas-Intl Expl&Prod Vista Energy SAB de CV	$14.39	+0.48 3.45%	$14.56	$13.99	2.86%	444,231 65.33%	680,000
Most Recent Note for VIST - 11/14/2022 1:15:01 PM Mexico-based Oil & Gas firm is extended from any sound base and hitting yet another new all-time high with today's 3rd consecutive volume-driven gain. Recent quarterly comparisons through Sep '22 showed great sales revenues and earnings increases over the year ago periods. After big losses in prior years it had a profitable FY '21.
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VLO - NYSE - ENERGY - Oil & Gas Refining & Marketing Valero Energy Corp	$139.41	+5.45 4.07%	$140.19	$146.81	-5.04%	2,363,560 59.60%	3,966,000
Most Recent Note for VLO - 11/14/2022 1:17:51 PM Reported earnings +437% on +51% sales revenues for the Sep '22 quarter versus the year ago period. Fundamental concerns remain due to its erratic annual earnings (A criteria) history, not a match with the guidelines of the fact-based investment system.
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VPG - NYSE - Elec-Scientific/Msrng Vishay Precision Group	$38.97	+0.40 1.04%	$39.68	$39.61	-1.62%	21,069 61.97%	34,000
Most Recent Note for VPG - 11/14/2022 1:20:05 PM Posting a volume-driven gain today adding to noted volume-driven gains last week, and it faces no resistance due to overhead supply. Reported earnings +33% on +10% sales revenues for the Sep '22 quarter versus the year ago period, and prior quarterly comparisons were above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history included a downturn in FY '19 and '20, not a match with the fact-based investment system's fundamental guidelines.
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WAFD - NASDAQ - Finance-Savings & Loan Washington Federal Inc	$36.23	-1.92 -5.03%	$37.80	$39.17	-7.51%	459,683 120.65%	381,000
Most Recent Note for WAFD - 11/14/2022 1:22:04 PM Abruptly retreating today after wedging up to touch a new 52-week high last week. Reported earnings +49% on +26% sales revenues for the Sep '22 quarter. Last noted with caution in the 10/18/22 mid-day report - "Fundamental concerns remain. Prior earnings history for this financial firm is not a match with the fact-based investment system's guidelines."
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WRB - NYSE - Insurance-Prop/Cas/Titl Berkley W R Corp	$69.13	-0.64 -0.92%	$70.10	$74.70	-7.46%	840,901 64.24%	1,309,000
Most Recent Note for WRB - 11/14/2022 1:23:46 PM Pulling back from its all-time high with today's 6th consecutive volume-driven loss testing its 50 DMA line ($69.06). Shares split 3:2 effective 3/24/22. Reported earnings +15% on +12% sales revenues for the Sep '22 quarter, and prior quarterly comparisons showed earnings increases above the +25% minimum guideline (C criteria). Fundamental concerns remain. Its annual earnings (A criteria) history has not been strong and steady.
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