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 - FRIDAY, OCTOBER 7TH, 2011
Previous Mid Day Report Next Mid Day Report >>>

DOW 11178.13 54.8 (0.49%) | NASDAQ 2474.67 -32.15 (-1.28%) | S&P 500 1164.73 -0.24 (-0.02%)
Time of Screening : 10/7/2011 12:03:51 PM         Report Released : 10/7/2011 12:34:14 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
CHL - NYSE - TELECOMMUNICATIONS - Wireless Communications
China Mobile Ltd Adr
$46.59 -2.80
-5.67%
$47.52 $53.87 -13.51% 1,305,835
64.49%
2,024,900
Most Recent Note for CHL - 10/7/2011 12:06:49 PM
Gapped down today and violated its 200 DMA line. Last noted in the 9/27/11 mid-day report - "It has a sub par earnings and sales revenues growth history. Large supply of 4 billion shares outstanding would typically make a stock unlikely to be a big mover unless there was immense institutional buying demand."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DLTR - NASDAQ - RETAIL - Discount, Variety Stores
Dollar Tree Inc
$77.59 +1.14
1.48%
$79.23 $79.35 -2.22% 1,125,198
63.13%
1,782,400
Most Recent Note for DLTR - 10/7/2011 12:14:34 PM
Holding its ground near its 52-week high after wedging higher without great volume conviction this week. Tight closes in on its weekly graph have formed a "3-weeks tight" type pattern while volume totals have recently cooled. However, it is a riskier "late-stage" setup and the M criteria remains a concern until a follow-through day from at least one of the major averages confirms a new rally. Reported earnings +26% on +12% sales for the quarter ended July 31, 2011 versus the year ago period. Prior mid-day reports noted - "Good annual earnings history and quarterly earnings increases above the +25% meet the investment system's C and A guidelines, however sales revenues have shown just steady increases in the +12-14% range."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ITC - NYSE - UTILITIES - Electric Utilities
I T C Holdings Corp
$71.21 -2.44
-3.31%
$73.65 $78.89 -9.74% 801,594
219.67%
364,900
Most Recent Note for ITC - 10/7/2011 12:16:45 PM
Slumping under its 50 DMA and sinking near its 200 DMA line today. It hit its all-time high on 9/30/11 as the mid-day report noted - "This Utility -Electric Power firm undercut its 200 DMA line in early August then rebounded and impressively rallied to reach a new 52-week high before retreating. Prior mid-day reports cautioned - "Fundamentals are below the C and A criteria (earnings growth guidelines).'"
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NUAN - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Nuance Communications
$21.80 -0.10
-0.43%
$22.10 $22.93 -4.93% 2,172,225
80.32%
2,704,300
Most Recent Note for NUAN - 10/7/2011 12:21:11 PM
Perched within striking distance of its 52-week high recent volume-driven gains. Earnings history is below the guidelines of the fact-based system. It failed to make progress then badly slumped and violated its 50 and 200 DMA lines with damaging volume-driven losses since noted in the 5/17/11 mid-day report - "It survived but failed to impress since last noted when weak action prompted it to be dropped from the Featured Stocks list on 12/12/07."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
PSMT - NASDAQ - RETAIL - Drug Stores
Pricesmart Inc
$69.55 +3.17
4.78%
$71.75 $75.16 -7.46% 266,467
79.40%
335,600
Most Recent Note for PSMT - 10/7/2011 12:27:31 PM
Rebounded impressively this week after violating its 50 DMA line with Monday's damaging loss. Choppy trading in recent weeks is not recognized as a sound base pattern. Damaging losses backed by above average volume in the past week raised concerns and triggered technical sell signals. Based on weak action it was dropped from the Featured Stocks list on 10/03/11.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SIMO - NASDAQ - ELECTRONICS - Semiconductor - Specialized
Silicon Motion Tech Ads
$13.20 +0.71
5.68%
$13.35 $14.00 -5.71% 330,926
59.28%
558,200
Most Recent Note for SIMO - 10/7/2011 12:29:33 PM
Perched within close striking distance of its 52-week high today. Reported earnings +233% on +59% sales revenues for the quarter ended June 30, 2011 versus the year ago period. It slumped near its 200 DMA line during a deep consolidation since noted in the 5/27/11 mid-day report - "Recent quarters showed much 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 7/26/07."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
STMP - NASDAQ - Retail-Internet
Stamps.com Inc
$25.36 +1.57
6.60%
$25.68 $25.68 -1.25% 479,769
141.36%
339,400
Most Recent Note for STMP - 10/7/2011 12:33:19 PM
Hitting another new 52-week high with today's 4th consecutive gain backed by above average volume since finding support above its 50 DMA line. It is extended from its prior base following an earlier "breakaway gap" on 7/29/11 while prior mid-day reports have repeatedly noted - "Earnings increased by +125% on +26% sales revenues for the quarter ended June 30, 2011. Showing impressive sequential acceleration in recent quarterly comparisons, but prior quarterly comparisons showed lackluster sales revenues increases well below the +25% guideline, leaving some fundamental concerns."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
UL - NYSE - FOOD & BEVERAGE - Food - Major Diversified
Unilever Plc
$31.69 -0.16
-0.50%
$31.74 $34.55 -8.28% 1,461,669
67.25%
2,173,600
Most Recent Note for UL - 10/7/2011 12:33:56 PM
Prior mid-day reports noted - "Annual and quarterly earnings history have been below guidelines."
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