Help Lines 954-785-1121
 


You are not logged in. Upgrade Here
 <<<Previous Mid Day Report     Next Mid Day Report >>> 
 <<<Previous After Market Report Next After Market Report >>> 
You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, October 6, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

 MIDDAY BREAKOUTS REPORT - THURSDAY, APRIL 7TH, 2011
Previous Mid Day Report Next Mid Day Report >>>

DOW 12377.4 -49.35 (-0.40%) | NASDAQ 2796.31 -3.51 (-0.13%) | S&P 500 1334.7 -0.84 (-0.06%)
Time of Screening : 4/7/2011 11:58:12 AM         Report Released : 4/7/2011 1:28:59 PM
Price is: Above 52W High and Less Than 52W High but within 5% 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
Max Buy
RAX - NYSE
Rackspace Hosting Inc
$42.54 +0.47
1.12%
$43.12 1,110,413
61.74% of 50 DAV
50 DAV is 1,798,500
$44.19
-3.73%
3/16/2011 $36.28 PP = $40.72
MB = $42.76
Most Recent Note - 4/7/2011 1:03:28 PM
Y - Color code was changed to yellow while consolidating back within 5% of its pivot point. Approximately 40% of successful breakouts pullback and test support at prior resistance before continuing higher. As previously noted, "Prior high near $40 defines chart support to watch on pullbacks."
>>> The latest Featured Stock Update with an annotated graph appeared on 3/16/2011. 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
AA - NYSE - METALS & MINING - Aluminum
Alcoa Inc
$17.98 -0.15
-0.83%
$18.29 $18.30 -1.75% 14,103,791
58.49%
24,111,200
Most Recent Note for AA - 4/7/2011 12:01:48 PM
Perched at its 52-week high today. It had slumped below its 50 DMA line during its consolidation since last noted in the 2/01/11 mid-day report - "Fundamentals are below the investment system guidelines. AA was last noted in the 7/10/07 mid-day report - 'With only a +13% increase reported in the last quarterly earnings, that puts the 'C' 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 25% or more or accelerating over prior quarters."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
AXE - NYSE - WHOLESALE - Electronics Wholesale
Anixter International
$72.68 +0.88
1.23%
$73.28 $73.55 -1.18% 294,068
97.79%
300,700
Most Recent Note for AXE - 4/7/2011 12:03:37 PM
Up again today following a gap up noted on the prior session, challenging its 52-week high. Found support near its 50 DMA line in recent weeks while consolidating since mid-day reports in February this year noted - "It survived but failed to impress since noted in the 10/11/07 mid-day report - 'Decelerating sales revenues and earnings growth is a concern, plus the group is not a leading group (bad L criteria).'"
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CAT - NYSE - MANUFACTURING - Farm & Construction Machinery
Caterpillar Inc
$109.55 -1.45
-1.31%
$110.90 $113.93 -3.85% 4,367,293
64.13%
6,809,600
Most Recent Note for CAT - 4/7/2011 12:05:56 PM
Goliath company in the Machinery - Construction/Mining industry is consolidating near its 52-week high. Recently found support near its 50 DMA line. It rallied more than 5-fold from the March 2009 lows. Prior mid-day reports noted - "Earnings and sales growth in recent quarterly comparisons showed improvement after a drastic downturn in recent years."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CLH - NYSE - Pollution Control
Clean Harbors Inc
$103.76 -1.96
-1.85%
$106.10 $106.61 -2.67% 126,064
60.64%
207,900
Most Recent Note for CLH - 4/7/2011 12:07:55 PM
Pulling back today after a streak of 4 consecutive gains, spiking to a new all-time high. Held its ground stubbornly since noted in the 1/26/11 mid-day report - "It exceeded its 2008 high ($82.99) since last noted in the 12/16/10 mid-day report - 'Recent quarters show sales and earnings improving but prior history is below the fact-based system's guidelines.'"

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
COKE - NASDAQ - FOOD & BEVERAGE - Beverages - Soft Drinks
Coca Cola Btlg Consol
$73.94 +0.29
0.40%
$75.76 $75.76 -2.40% 37,015
129.88%
28,500
Most Recent Note for COKE - 4/7/2011 12:14:13 PM
Hitting new 52-week highs for a 4th consecutive session with volume-driven gains. Annual earnings growth has not been strong and steady. Lack of sales revenue growth indicates no increase in demand for its products or services. It survived but failed to impress since last noted in the mid-day report on 6/04/09 - "Lack of sales revenues growth and poor annual earnings history are cause for concern."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
COO - NYSE - HEALTH SERVICES - Medical Instruments & Supplies
Cooper Companies Inc
$70.52 +1.13
1.63%
$70.58 $71.49 -1.36% 630,428
100.69%
626,100
Most Recent Note for COO - 4/7/2011 12:18:22 PM
It has formed an orderly flat base, and its gain today has it challenging its 52-week high hit when last noted in the 3/08/11 mid-day report - "Steadily advanced since a 9/03/10 breakaway gap, continually finding support above its 50 DMA line. Recent quarters showed better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system. It survived but failed to impress since dropped from the Featured Stocks list on 3/29/05."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DMND - NASDAQ - FOOD &; BEVERAGE - Processed &; Packaged Goods
Diamond Foods Inc
$61.61 -0.78
-1.25%
$62.21 $63.96 -3.67% 255,693
105.79%
241,700
Most Recent Note for DMND - 4/7/2011 12:22:42 PM
Holding its ground following a considerable gap up gain with heavy volume for a new all-time high on 4/05/11 news it would buy Procter & Gamble's Pringles. Strong earnings history in recent years, however quarterly earning were reported -24% for the Oct '10 period. Small supply of only 22 million outstanding shares (S criteria) could contribute to greater volatility in the event of any institutional maneuvering.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
EAT - NYSE - LEISURE - Restaurants
Brinker International
$24.77 -0.39
-1.55%
$24.92 $25.84 -4.14% 1,277,591
73.67%
1,734,100
Most Recent Note for EAT - 4/7/2011 12:25:13 PM
Consolidating near its 52-week high and right above its 50 DMA line today, it has been making steady progress following a "breakaway gap" on 1/25/11. Sales history is below guidelines. Quarterly sales should be up +18-25% or more or accelerating impressively.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
EGN - NYSE - UTILITIES - Gas Utilities
Energen Corp
$62.95 +0.29
0.46%
$63.30 $63.96 -1.58% 219,774
60.51%
363,200
Most Recent Note for EGN - 4/7/2011 12:29:36 PM
Perched near its 52-week high after a great rally following its 1/03/11 technical breakout. Earnings and sales growth have been below the investment system guidelines for this Alabama-based Oil and Gas company.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ENS - NYSE - MANUFACTURING - Industrial Electrical Equipmen
Enersys
$39.70 +0.10
0.25%
$39.89 $40.32 -1.54% 196,670
62.38%
315,300
Most Recent Note for ENS - 4/7/2011 12:35:29 PM
Near its 52-week high today after recently rising from a base-on-base type pattern. Found support near its 50 DMA line again while consolidating since last noted in the 2/15/11 mid-day report and earlier reports - "Based on weak action it was dropped from the Featured Stocks list on 8/07/08. Recent quarterly comparisons show improving sales and earnings after negative comparisons and a downward turn in its FY '10 earnings (A criteria)."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ENSG - NASDAQ - HEALTH SERVICES - Long-Term Care Facilities
Ensign Group Inc
$34.05 +0.02
0.06%
$34.85 $34.85 -2.30% 79,089
82.82%
95,500
Most Recent Note for ENSG - 4/7/2011 12:36:50 PM
Hit another new all-time high today with a 5th consecutive gain, inching higher and getting more extended from any sound base. The 2 most recent quarters (Sep and Dec '10) showed earnings increases above the +25% guideline but prior increases were sub-par. Ownership by top-rated funds increased from 172 in Mar '10 to 234 in Dec 10, a reassuring sign concerning the I criteria. A previously noted 2/27/11 breakaway gap cleared a sound base pattern formed since noted in the 12/31/10 mid-day report - "Earnings growth history has been below the investment system guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
IEX - NYSE - MANUFACTURING - Diversified Machinery
Idex Corp
$44.90 -0.39
-0.86%
$45.47 $45.76 -1.88% 310,404
88.94%
349,000
Most Recent Note for IEX - 4/7/2011 12:43:22 PM
Extended from any sound base after a streak of 7 consecutive gains. Quarterly earnings increases above the +25% guideline in the last 4 comparisons satisfy the C criteria. The downturn in FY '09 earnings and lackluster annual earnings (A criteria) history is a concern.

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
IRM - NYSE - DIVERSIFIED SERVICES - Business/Management Services
Iron Mountain Inc
$33.16 -0.36
-1.07%
$33.49 $33.68 -1.54% 3,009,559
122.72%
2,452,400
Most Recent Note for IRM - 4/7/2011 12:44:55 PM
Perched at its 52-week high after a recent spurt of volume-driven gains. Sales revenues and earnings growth history is below guidelines of the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NDAQ - NASDAQ - DIVERSIFIED SERVICES - Business/Management Services
Nasdaq Omx Group Inc
$28.96 +0.13
0.45%
$29.50 $29.71 -2.52% 2,521,652
66.52%
3,791,000
Most Recent Note for NDAQ - 4/7/2011 12:59:09 PM
Gains this week have it challenging its 52-week high. Holding its ground and rising following a considerable gain on 4/01/11 after making a competing bid against the the Deutsche Borse to acquire NYSE Euronext (NYX). Prior mid-day reports noted -"Based on weak technical action it was dropped from the Featured Stocks list on 1/16/08. It completed a Secondary Offering during the week ended 11/09/07 and survived but failed to impress since. Last shown in the Featured Stock Update section of the 10/26/07 After Market Update with detailed analysis and an annotated graph (read here)."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SOHU - NASDAQ - INTERNET - Internet Information Providers
Sohu.com Inc
$95.50 +1.02
1.08%
$97.59 $98.48 -3.03% 994,764
75.08%
1,325,000
Most Recent Note for SOHU - 4/7/2011 1:06:55 PM
Churning heavy volume this week without making more progress since 4/04/11 when it gapped up and convincingly recently rose above its February high and rallied above its June 2008 all-time high ($91.50). Found prompt support near its 50 DMA line during its consolidation since noted in prior mid-day reports - "Earnings history (C and A criteria) has been below guidelines of the fact-based investment system."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SSYS - NASDAQ - COMPUTER HARDWARE - Computer Peripherals
Stratasys Ltd
$51.56 -0.55
-1.06%
$52.97 $54.20 -4.87% 209,620
69.36%
302,200
Most Recent Note for SSYS - 4/7/2011 1:10:54 PM
Hit new 52-week highs this week with volume conviction behind recent gains. Quarterly earnings increases above the +25% guideline in the 3 most recent comparisons satisfy the C criteria. Prior mid-day reports noted - "A downward turn in its FY '09 earnings is an obvious flaw with respect to the investment system's A criteria today. It is an interesting turn around story with a small supply of only 20.6 million shares (S criteria) outstanding. Longtime members may recall that SSYS was long ago (2003) featured in our monthly newsletter and special reports."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TISI - NYSE - DIVERSIFIED SERVICES - Technical Services
Team Inc
$27.45 -0.52
-1.86%
$28.02 $28.71 -4.39% 74,270
101.19%
73,400
Most Recent Note for TISI - 4/7/2011 1:17:51 PM
Pulling back today following a considerable gain on the prior session with above average volume, challenging its 52-week high after an orderly flat base pattern. It found support near its 50 DMA line since noted in the 1/18/11 mid-day report - "Fundamentals are below guidelines now. Based on weak action it was dropped from the Featured Stocks list on 10/03/08."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
VRNT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Verint Systems Inc
$37.70 -0.16
-0.42%
$37.86 $38.10 -1.05% 100,409
78.38%
128,100
Most Recent Note for VRNT - 4/7/2011 1:25:06 PM
Perched near its 52-week high today following a considerable gain with heavy volume on the prior session. Quarterly and annual earnings history is below the guidelines of the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
YZC - NYSE - METALS & MINING - Industrial Metals & Minerals
Yanzhou Coal Mining Adr
$39.02 +1.18
3.12%
$39.80 $39.80 -1.96% 223,105
78.67%
283,600
Most Recent Note for YZC - 4/7/2011 1:28:46 PM
Gapped up today, hitting yet another new 52-week high today. The 4/01/11 mid-day report and earlier reports noted its rally above previous resistance in the $32-33 area. Prior reports noted - "Recent quarters show better sales and earnings but prior quarters and its annual earnings (A criteria) are below guidelines of the fact-based system."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  

THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. We are not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

 We appreciate any feedback members may wish to send via the inquiry form here.

Kenneth J. Gruneisen founded Gruneisen Growth Corp. (2003), which prior to May 11, 2015, operated CANSLIM.net and CANSLIM.com both under license from Data Analysis Inc. / Investor's Business Daily. Kenneth has passed the CAN SLIM® Master's Exam. Gruneisen Growth Corp. now continues over two decades of fact based market analysis via FactBasedInvesting.com.

Copyright © 1996-2024 Gruneisen Growth Corp. All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties

Privacy Policy | Terms of Use | Contact Us