Mid-Day Breakouts Report - Wednesday, December 20th, 2023

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MIDDAY BREAKOUTS REPORT - WEDNESDAY, DECEMBER 20TH, 2023
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DOW 37594.55 36.63 (0.10%) | NASDAQ 15036.9 33.68 (0.22%) | S&P 500 4770.51 2.14 (0.04%)

Time of Screening : 12/20/2023 12:16:09 PM Report Released : 12/20/2023 12:42:32 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

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
BCML - NASDAQ - Banks-West/Southwest Baycom Corp	$23.62	+0.22 0.92%	$23.62	$23.50	0.49%	22,172 96.40%	23,000
Most Recent Note for BCML - 12/20/2023 12:17:51 PM Hitting new multi-year highs with today's volume-driven gain. Fundamental concerns remain. Reported Sep '23 quarterly earnings +4% on -2% sales revenues versus the year ago period, well below the +25% minimum guideline (C criteria).
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BFST - NASDAQ - Financial Svcs-Specialty Business First Bancshares Inc	$24.63	+0.23 0.92%	$24.90	$24.46	0.67%	35,608 62.47%	57,000
Most Recent Note for BFST - 12/20/2023 12:18:22 PM Reported Sep '23 quarterly earnings -1% on +6% sales revenues versus the year ago period and prior quarterly comparisons were well below the +25% minimum earnings guideline (C criteria).
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CBZ - NYSE - Comml Svcs-Consulting C B I Z Inc	$62.19	+0.37 0.60%	$62.52	$62.27	-0.13%	125,848 60.21%	209,000
Most Recent Note for CBZ - 12/20/2023 12:21:30 PM Hitting new all-time highs with today's 9th consecutive volume-driven gain. Made steady progress since last noted in the 10/26/23 mid-day report after finding support near its 200 DMA line. Reported Sep '23 quarterly earnings +29% on +13% sales revenues versus the year ago period. Fundamental concerns remain.
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COKE - NASDAQ - FOOD & BEVERAGE - Beverages - Soft Drinks Coca Cola Btlg Consol	$884.68	-1.94 -0.22%	$890.00	$890.00	-0.60%	29,860 71.10%	42,000
Most Recent Note for COKE - 12/20/2023 12:22:53 PM Reported Sep '23 quarterly earnings +18% on +5% sales revenues versus the year ago period, below the +25% minimum earnings guideline (C criteria). Extended from any sound base, it rallied to new all-time highs with an impressive spurt of volume-driven gains in recent weeks after finding support above its 200 DMA line. It was dropped from the Featured Stocks list on 10/03/23.
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COST - NASDAQ - RETAIL - Discount, Variety Stores Costco Wholesale Corp	$665.27	-12.47 -1.84%	$674.35	$681.91	-2.44%	1,465,773 72.67%	2,017,000
Most Recent Note for COST - 12/20/2023 12:23:45 PM Pulling back following recently noted volume-driven gains to a new 52-week high, it is extended from any sound base. Fundamental concerns remain. Reported earnings +12% on +6% sales revenues for the Nov '23 quarter versus the year ago period. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum guideline (C criteria).
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DFH - NYSE - Bldg-Resident/Comml Dream Finders Homes	$36.41	+1.78 5.14%	$36.90	$34.90	4.33%	427,048 101.20%	422,000
Most Recent Note for DFH - 12/20/2023 12:26:29 PM Hitting new 52-week and all-time highs with today's big volume-driven gain while on track for a 9th consecutive weekly gain. Faces no resistance due to overhead supply. Sep '23 quarterly earnings rose +17% on +14% sales revenues versus the year-ago period, its 3rd consecutive quarterly comparison below the +25% minimum earnings guideline (C criteria).
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FSBC - NASDAQ - Banks-West/Southwest Five Star Bancorp	$25.55	+0.05 0.20%	$26.18	$29.00	-11.90%	21,413 89.22%	24,000
Most Recent Note for FSBC - 12/20/2023 12:27:00 PM Faces resistance due to overhead supply up to the $33 level. Fundamentals are sub par as earnings increases have been below the +25% minimum guideline (C criteria).
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GOOG - NASDAQ - INTERNET - Internet Information Providers Google Inc Cl C	$141.78	+3.68 2.66%	$143.08	$142.38	-0.42%	16,265,993 69.99%	23,241,000
Most Recent Note for GOOG - 12/20/2023 12:28:55 PM Gapped up today and hit a new 52-week high. Reported Sep '23 quarterly earnings +42% on +11% sales revenues versus the year ago period. Prior quarterly comparisons had earnings increases below the +25% minimum guideline (C criteria). This large-cap company is already heavily owned by 4,526 top-rated institutional investors (I criteria).
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GOOGL - NASDAQ - INTERNET - Internet Information Providers Google Inc Cl A	$140.45	+3.80 2.78%	$141.70	$141.22	-0.55%	25,232,225 82.84%	30,460,000
Most Recent Note for GOOGL - 12/20/2023 12:29:41 PM Gapped up today hitting a new 52-week high. Reported Sep '23 quarterly earnings +42% on +11% sales revenues versus the year ago period. Prior quarterly comparisons had earnings increases below the +25% minimum guideline (C criteria). This large-cap company is already heavily owned by 7,025 top-rated institutional investors (I criteria).
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HEES - NASDAQ - MANUFACTURING - Industrial Equipment & Components H & E Equipment Svcs Inc	$52.99	+0.44 0.83%	$53.18	$56.47	-6.16%	137,101 62.60%	219,000
Most Recent Note for HEES - 12/20/2023 12:30:40 PM Reported earnings +39% on +24% sales revenues for the Sep '23 quarter versus the year-ago period. Quarterly earnings comparisons have been strong. Annual earnings history ( A criteria) does not match favorably with the fact-based investment system's guidelines.
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IGIC - NASDAQ - INSURANCE - Property & Casualty Insurance International Gen Ins Hld	$12.17	+0.17 1.42%	$12.44	$13.10	-7.10%	48,246 68.92%	70,000
Most Recent Note for IGIC - 12/20/2023 12:32:35 PM Consolidating near its 52-week high and above its 50 DMA line ($11.53). Noted with caution in prior mid-day reports - "Reported Sep '23 quarterly earnings -48% on -1% sales revenues versus the year-ago period. Fundamental concerns remain for this Jordan-based specialty Insurance firm."
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KWR - NYSE - CHEMICALS - Specialty Chemicals Quaker Chemical	$217.31	+2.19 1.02%	$220.63	$216.45	0.40%	82,953 86.41%	96,000
Most Recent Note for KWR - 12/20/2023 12:33:17 PM Reported Sep '23 quarterly earnings +18% on +0% sales revenues versus the year-ago period. Fundamental concerns remain. Its 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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LEGH - NASDAQ - Finance-Property REIT Legacy Housing Corp	$25.59	+1.15 4.71%	$25.73	$25.30	1.15%	28,159 72.20%	39,000
Most Recent Note for LEGH - 12/20/2023 12:34:31 PM Hitting a new 52-week high with above average volume behind today's gain while adding to a noted spurt of volume-driven gains. Fundamental concerns remain after it reported Sep '23 quarterly earnings +10% on -13% sales revenues versus the year ago period. Went through a deep consolidation since hitting a new all-time high when noted with caution in the 12/13/21 mid-day report - "This REIT's fundamentals are not a match with the fact-based investment system's guidelines."
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MBWM - NASDAQ - BANKING - Regional - Midwest Banks Mercantile Bank Corp	$41.19	+0.64 1.57%	$41.45	$41.00	0.45%	26,266 67.35%	39,000
Most Recent Note for MBWM - 12/20/2023 12:35:44 PM Hitting new multi-year highs with today's volume-driven gain adding to a noted spurt of gains. Quarterly earnings increases through Sep '23 have been above the +25% minimum guideline (C criteria). Annual earnings (A criteria) had a downturn in FY '20.
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MGRC - NASDAQ - DIVERSIFIED SERVICES - Rental & Leasing Services Mcgrath Rentcorp	$118.70	+0.55 0.47%	$119.51	$118.68	0.02%	69,677 65.73%	106,000
Most Recent Note for MGRC - 12/20/2023 12:36:54 PM Perched at a new all-time high today following 8 consecutive volume-driven gains. Sep '22 quarterly earnings rose +32% on +16% sales revenues versus the year ago period. Prior quarterly earnings comparisons were not strong and steady above the +25% minimum guideline (C criteria). Annual earnings (A criteria) history had a downturn in FY '21.
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ORRF - NASDAQ - BANKING - Regional - Northeast Banks Orrstown Financial Svcs	$29.47	+0.47 1.62%	$29.72	$29.78	-1.04%	14,880 62.00%	24,000
Most Recent Note for ORRF - 12/20/2023 12:37:40 PM Perched at its 52-week high today following noted volume-driven gains as it rallied above its Dec '22 high. Fundamental concerns remain.
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PGTI - NASDAQ - Bldg-Constr Prds/Misc P G T Inc	$40.44	+0.44 1.10%	$40.92	$41.25	-1.96%	504,420 77.60%	650,000
Most Recent Note for PGTI - 12/20/2023 12:39:18 PM After recent M&A news it is perched at its all-time high following noted gains backed by above average volume. Found support near prior highs and above its 50 DMA line ($32). Noted with caution in prior mid-day reports - "Built an orderly flat base on base since gapping up on 10/10/23. Reported earnings +20% on +4% sales revenues for the Sep '23 quarter versus the year-ago period. Fundamental concerns remain. Its annual earnings history included a downturn in FY '19, not a great match with the fact-based investment system's guidelines (A criteria). Completed a new Public Offering on 9/13/18."
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PLUS - NASDAQ - FINANCIAL SERVICES - Credit Services Eplus Inc	$79.25	+1.18 1.51%	$79.56	$79.06	0.24%	68,506 58.55%	117,000
Most Recent Note for PLUS - 12/20/2023 12:40:59 PM At an all-time high with today's 15th consecutive gain. It was dropped from the Featured Stocks list on 11/08/23 yet found prompt support at its 200 DMA line. Rebounded impressively following a gap down when reporting Sep '23 quarterly earnings +9% on +16% sales revenues versus the year-ago period results, below the +25% minimum earnings guideline (C criteria).
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SNFCA - NASDAQ - INSURANCE - Life Insurance Security Natl Finl Cl A	$9.64	+0.27 2.88%	$9.75	$9.41	2.44%	21,167 68.28%	31,000
Most Recent Note for SNFCA - 12/20/2023 12:41:49 PM Rallying to new 52-week and all-time highs with today's gain adding to an impressive spurt higher. Erratic sales revenues and earnings history is not a match with the fact-based investment system's fundamental guidelines.
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