Mid-Day Breakouts Report - Wednesday, November 16th, 2022

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, NOVEMBER 16TH, 2022
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DOW 33622.71 29.79 (0.09%) | NASDAQ 11219.65 -138.76 (-1.22%) | S&P 500 3970.56 -21.17 (-0.53%)

Time of Screening : 11/16/2022 12:18:30 PM Report Released : 11/16/2022 12:55:20 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...

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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
AFYA - NASDAQ - Consumer Svcs-Education Afya Limited Cl A	$16.16	-0.02 -0.09%	$16.32	$17.80	-9.24%	313,405 98.87%	317,000
Most Recent Note for AFYA - 11/16/2022 12:19:44 PM Inched higher with volume-driven gains. 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	$28.11	-0.36 -1.26%	$28.38	$28.75	-2.23%	569,253 63.67%	894,000
Most Recent Note for AMKR - 11/16/2022 12:20:51 PM Spiked higher with 4 consecutive volume-driven gains rebounding near its Sep '21 high 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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ASO - NASDAQ - Retail-Leisure Products Academy Sports & Outdoor	$44.64	-3.42 -7.12%	$46.78	$51.51	-13.34%	1,016,718 57.93%	1,755,000
Most Recent Note for ASO - 11/16/2022 12:22:50 PM Pulling back near its 50 DMA line with today's loss after challenging its 52-week high on the prior session with its 4th consecutive gain. Noted with caution in prior mid-day reports - "Reported Jul and Apr '22 quarterly earnings lower than the year ago periods. Priced a Secondary Offering at a new all-time high on 9/15/21 and an earlier Secondary Offering on 1/29/21. Limited history is a concern since its $13 IPO on 10/02/20."
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CRAI - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services C R A International Inc	$117.58	+0.93 0.80%	$117.82	$120.83	-2.69%	34,027 81.02%	42,000
Most Recent Note for CRAI - 11/16/2022 12:25:09 PM Perched at its 52-week high after recent volume-driven gains. Reported earnings +14% on +9% sales revenues for the Sep '22 quarter versus the year ago period. Prior 3 quarterly comparisons were also below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth has been strong and steady.
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ELV - NYSE - Medical-Managed Care Elevance Health Inc	$480.81	+1.80 0.38%	$488.58	$549.52	-12.50%	833,566 79.92%	1,043,000
Most Recent Note for ELV - 11/16/2022 12:26:08 PM Retreated from its 52-week high and testing support near its 200 DMA line ($484). 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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FLNG - NYSE - Oil&Gas-Transprt/Pipelne Flex Lng Ltd	$32.10	-1.16 -3.48%	$32.80	$36.99	-13.21%	545,074 88.34%	617,000
Most Recent Note for FLNG - 11/16/2022 12:34:27 PM Reported Sep '22 quarterly earnings +39% above the year ago period. Consolidating near its 50 DMA line ($32) and perched within close striking distance of its 52-week high. 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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HGBL - NASDAQ - Finance-Investment Mgmt Heritage Global Inc	$2.10	-0.18 -7.89%	$2.34	$2.42	-13.22%	108,725 265.18%	41,000
Most Recent Note for HGBL - 11/16/2022 12:35:23 PM Pulling back from its 52-week high with today's 2nd volume-driven loss after a noted spurt of gains. 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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IBEX - NASDAQ - Computer- Tech Services Ibex Ltd	$24.00	+1.48 6.57%	$24.12	$23.45	2.34%	75,765 229.59%	33,000
Most Recent Note for IBEX - 11/16/2022 12:41:54 PM Hitting another new 52-week high with today's volume-driven gain toward its all-time high ($25.50 on 4/23/21) with little resistance remaining due to overhead supply. Bermuda-based technology firm reported Sep '22 quarterly earnings +580% on +18% sales revenues versus the year ago period. Reported strong earnings growth in the Mar and Jun '22 quarters versus the year ago periods. Annual earnings history has been strong since its $19 IPO on 8/07/20.
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KNX - NYSE - TRANSPORTATION - Trucking Knight Transportation	$54.06	-2.56 -4.52%	$55.94	$62.29	-13.21%	1,301,539 59.03%	2,205,000
Most Recent Note for KNX - 11/16/2022 12:44:22 PM Reported earnings -2% on +15% sales revenues for the Sep '22 quarter versus the year ago period, breaking a streak quarterly comparisons with earnings above the +25% minimum guideline (C criteria). Annual earnings history (A criteria) has been up and down.
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LPLA - NASDAQ - Finance-Invest Bnk/Bkrs L P L Financial Holdings	$222.85	-12.07 -5.14%	$231.10	$261.47	-14.77%	670,951 62.18%	1,079,000
Most Recent Note for LPLA - 11/16/2022 12:47:04 PM Pulling back abruptly from its all-time high with volume-driven losses recently violating its 50 DMA line ($239). Reported earnings +77% on +7% sales revenues for the quarter ended Sep 30, 2022 versus the year ago period. Prior quarterly comparisons were not strong and steady above the +25% minimum earnings guideline (C criteria). Up and down annual earnings (A criteria) history is not a match with the fact-based investment system.
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MODN - NYSE - Computer Sftwr-Enterprse Model N Inc	$38.02	-0.77 -1.99%	$38.50	$39.28	-3.21%	148,025 64.08%	231,000
Most Recent Note for MODN - 11/16/2022 12:47:55 PM Consolidating this week after a noted spurt of volume-driven gains. Faces resistance due to overhead supply up to the $48 level. Reported Sep '22 quarterly earnings +11% on +13% sales revenues versus the year ago period. Volume and volatility often increase near earnings news. Prior quarterly comparisons have not shown strong and steady earnings increases above the +25% minimum guideline (C criteria) versus the year ago periods. After years of losses it showed profitable results in FY '18-22 (A criteria).
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NRT - NYSE - FINANCIAL SERVICES - Diversified Investments North European Oil Rty	$18.04	+0.04 0.19%	$18.32	$20.72	-12.96%	38,396 116.35%	33,000
Most Recent Note for NRT - 11/16/2022 12:49:10 PM Faces resistance due to overhead supply up to the $20.70 level. Found support and rebounded above its 50 and 200 DMA lines in recent weeks. Noted with caution in prior mid-day reports - "Recent quarterly comparisons through Jul '22 showed greatly improved sales revenues and earnings versus the year ago periods. Annual earnings history (A criteria) has been erratic."
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NWPX - NASDAQ - METALS & MINING - Steel & Iron Northwest Pipe Company	$35.65	+0.27 0.76%	$35.75	$35.48	0.48%	32,659 61.62%	53,000
Most Recent Note for NWPX - 11/16/2022 12:51:58 PM Reported very strong Mar, Jun, and Sep '22 quarterly results versus the year ago periods, well above the +25% minimum earnings guideline (C criteria). Fundamental concerns remain after a downturn in FY '20 and '21 annual earnings (A criteria), not a match with the fact-based investment system's guidelines.
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SFL - NYSE - TRANSPORTATION - Shipping Ship Finance Intl Ltd	$10.18	-0.47 -4.37%	$10.57	$11.60	-12.28%	765,746 84.61%	905,000
Most Recent Note for SFL - 11/16/2022 12:54:18 PM Pulling back with today's loss testing its 200 DMA line ($10.07). Earnings improved in the Mar, Jun, and Sep '22 quarters above the +25% minimum guideline (C criteria). Prior quarterly and annual earnings (A criteria) history is not a match with the fact-based investment system's guidelines.
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$82.33	-4.57 -5.25%	$87.72	$89.69	-8.21%	421,122 60.94%	691,000
Most Recent Note for SMCI - 11/16/2022 12:55:15 PM Pulling back from its all-time high with today's loss after 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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