Mid-Day Breakouts Report - Tuesday, November 29th, 2022

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MIDDAY BREAKOUTS REPORT - TUESDAY, NOVEMBER 29TH, 2022
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DOW 33756.44 -93.02 (-0.27%) | NASDAQ 10984.21 -65.29 (-0.59%) | S&P 500 3947.81 -16.13 (-0.41%)

Time of Screening : 11/29/2022 12:12:48 PM Report Released : 11/29/2022 12:52:23 PM
Price is: Above 52W High and Less Than 52W High but within 15% of the 52 Week High
Volume Is: At least 50% 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
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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
AAON - NASDAQ - Bldg-A/C & Heating Prds A A O N Inc	$76.78	+1.30 1.72%	$77.04	$83.79	-8.37%	176,726 107.11%	165,000
Most Recent Note for AAON - 11/29/2022 12:14:13 PM Following a big gap up on 11/08/22 it nearly challenged its all-time high but it has pulled back. Bullish action came after it reported earnings +76% on +75% sales revenues for the Sep '22 quarter versus the year ago period. Prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria). Annual earnings (A criteria) growth history has not been strong and steady.
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CCB - NASDAQ - Finance-Commercial Loans Coastal Financial Corp	$49.09	+0.01 0.01%	$49.48	$54.41	-9.79%	65,980 183.28%	36,000
Most Recent Note for CCB - 11/29/2022 12:16:19 PM Some overhead supply remains up to the $54 level. Rebounded above its 50 and 200 DMA lines with recently noted volume-driven gains. Reported strong Jun and Sep '22 quarterly results versus the year ago periods. Went through a long consolidation since completing a new Public Offering on 12/15/21. This thinly-traded Bank completed its $14.50 IPO on 7/18/18.
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FUTU - NASDAQ - Finance-Invest Bnk/Bkrs Futu Holdings Cl A Ads	$58.97	+5.48 10.24%	$59.38	$57.76	2.09%	2,866,576 130.30%	2,200,000
Most Recent Note for FUTU - 11/29/2022 12:17:33 PM Faces resistance due to overhead supply up to the $181 level. Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +35% on +11% sales revenues versus the ear ago period, its 2nd strong quarterly comparison (C criteria) above the +25% minimum. Prior history is sub par. China-based Financial firm completed a new Public Offering on 8/18/20. Completed its $12 IPO on 3/08/19."
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LYTS - NASDAQ - Bldg-Constr Prds/Misc L S I Industries Inc	$11.61	+0.27 2.34%	$11.68	$11.44	1.44%	116,678 117.86%	99,000
Most Recent Note for LYTS - 11/29/2022 12:18:58 PM Rallied abruptly from a low of $6.55 on 10/25/22 and to new highs above its 2021 high with recent volume-driven gains. It has not formed a sound looking base. 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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MODN - NYSE - Computer Sftwr-Enterprse Model N Inc	$38.72	+0.51 1.33%	$39.10	$40.11	-3.47%	144,281 55.71%	259,000
Most Recent Note for MODN - 11/29/2022 12:20:04 PM Consolidating after a noted spurt of volume-driven gains. Prior mid-day reports noted - "Still 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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MOFG - NASDAQ - BANKING - Regional - Southwest Banks Midwestone Financial Grp	$34.02	+0.29 0.86%	$34.31	$35.58	-4.38%	15,700 60.38%	26,000
Most Recent Note for MOFG - 11/29/2022 12:21:39 PM Consolidating near 52-week high since a volume-driven gain when noted with caution in the 11/10/22 mid-day report - "Its quarterly earnings increases through Sep '22 were below the +25%* guideline (C criteria). Erratic earnings history leaves fundamental concerns."*
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PINE - NYSE - Finance-Property REIT Alpine Income Property Trust	$19.16	+0.10 0.50%	$19.20	$21.07	-9.09%	36,390 61.68%	59,000
Most Recent Note for PINE - 11/29/2022 12:24:17 PM Quarterly earnings increases through Sep '22 have been below the +25% minimum guideline (C criteria) for this REIT.
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SMBK - NASDAQ - Banks-Southeast Smart Financial Inc	$29.16	-0.18 -0.61%	$29.66	$30.50	-4.39%	20,421 63.82%	32,000
Most Recent Note for SMBK - 11/29/2022 12:28:28 PM Reported Sep '22 quarterly earnings +10% on +23% sales revenues versus the year ago period. Hovering near its all-time high after an impressive spurt of volume-driven gains from below its 50 and 200 DMA lines since noted with caution in the 10/12/22 mid-day report - "Fundamentals are not a match with the fact-based investment system's guidelines. Reported earnings +2% on +24% sales revenues for the Jun '22 quarter versus the year ago period. Annual earnings (A criteria) growth has been strong and steady. Completed a new Public Offering on 1/26/17."
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SMCI - NASDAQ - COMPUTER HARDWARE - Networking &; Communication Dev Super Micro Computer Inc	$92.30	-0.20 -0.22%	$94.89	$95.22	-3.07%	389,077 52.51%	741,000
Most Recent Note for SMCI - 11/29/2022 12:30:12 PM Hovering at its all-time high after considerable volume-driven gains, very extended from the prior high ($74.93 on 8/25/22). 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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TIPT - NASDAQ - Financial Svcs-Specialty Tiptree Financial Cl A	$13.62	+0.11 0.81%	$13.75	$14.63	-6.90%	72,371 134.02%	54,000
Most Recent Note for TIPT - 11/29/2022 12:31:21 PM Fundamental concerns remain.
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TME - NYSE - INTERNET - Content Tencent Music Entertainment Group ADS	$6.55	+0.33 5.31%	$6.59	$7.66	-14.49%	13,511,290 132.54%	10,194,000
Most Recent Note for TME - 11/29/2022 12:34:22 PM Reported Sep '22 quarterly earnings +33% on -15% sales revenues versus the year ago period. Fundamental concerns remain since last noted with caution on 3/23/21 when hitting a new all-time high with its 6th consecutive volume-driven gain. Completed its $13 IPO on 12/12/18.
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TRI - NYSE - Comml Svcs-Market Rsrch Thomson Reuters Corp	$113.32	-2.76 -2.38%	$115.73	$122.76	-7.69%	453,894 92.07%	493,000
Most Recent Note for TRI - 11/29/2022 12:36:05 PM Pulling back today after a streak of 6 consecutive gains. The 11/23/22 mid-day report last noted - "Reported earnings +24% on +3% sales revenues for the Sep '22 quarter versus the year ago period. Prior quarters showed sub par earnings increases with sub par sales revenues growth. Annual earnings (A criteria) has been improving after a downturn in FY '17 and '18."
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ULTA - NASDAQ - SPECIALTY RETAIL - Specialty Retail, Other Ulta Salon Cosm & Frag	$448.09	-9.16 -2.00%	$457.31	$461.57	-2.92%	408,797 58.40%	700,000
Most Recent Note for ULTA - 11/29/2022 12:43:24 PM Hit a new all-time high on the prior session with only +28% above average volume and it is pulling back below its prior high with today's loss. In recent months a choppy consolidation led to trading back and forth above and below both its 50 and 200 DMA lines. Through Jul '22 its quarterly sales revenues and earnings comparisons versus the year ago periods have been strong, but show sequential deceleration in its growth rate. Big downturn for FY '21 earnings (A criteria) was noted as a flaw concerning the strict fundamental guidelines of the fact-based investment system.
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UNVR - NYSE - Chemicals-Specialty Univar Solutions Inc	$32.93	+0.54 1.67%	$33.02	$34.00	-3.15%	1,112,657 73.25%	1,519,000
Most Recent Note for UNVR - 11/29/2022 12:45:08 PM Gapped up on the prior session challenging its 52-week high with a considerable volume-driven gain. The 11/28/22 mid-day report cautioned members - "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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VOC - NYSE - Oil&Gas-Royalty Trust V O C Energy Trust	$9.25	+0.20 2.21%	$9.39	$10.06	-8.05%	161,788 98.05%	165,000
Most Recent Note for VOC - 11/29/2022 12:46:58 PM Hovering near its 52-week high following volume-driven gains. Prior mid-day reports noted - "Reported Sep '22 quarterly earnings +138% on +143% sales revenues versus the year ago period. Recent quarterly comparisons showed great percentage earnings increases over the year ago periods. Quarterly sales revenues totals have been in the $2-7 million range, rather minuscule relative to most publicly traded companies worthy of serious consideration under the fact-based investment system."
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VTRU - NASDAQ - Consumer Svcs-Education Vitru Ltd	$22.51	+0.51 2.32%	$22.65	$23.82	-5.50%	29,259 68.04%	43,000
Most Recent Note for VTRU - 11/29/2022 12:50:41 PM Rebounding near its 52-week high with today's 3rd consecutive gain after finding support near prior highs and near its 50 DMA line ($20.73). Reported Sep '22 quarterly earnings +280% on +172% sales revenues versus the year ago period. Prior quarterly comparisons also showed strong sales revenues and earnings increases over the year ago periods. Annual earnings history (A criteria) has not been strong and steady and included a downturn in FY '21.
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