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 - WEDNESDAY, NOVEMBER 2ND, 2011
Previous Mid Day Report Next Mid Day Report >>>

DOW 11780.6 122.64 (1.05%) | NASDAQ 2618.83 11.87 (0.46%) | S&P 500 1230.6 12.32 (1.01%)
Time of Screening : 11/2/2011 12:18:11 PM         Report Released : 11/2/2011 2:12:21 PM
Price is: Above 52W High and Less Than 52W High but within 8% 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
AKRX - NASDAQ - DRUGS - Drug Manufacturers - Other
Akorn Inc
$9.66 -0.24
-2.38%
$10.00 $10.35 -6.71% 796,992
68.15%
1,169,400
Most Recent Note for AKRX - 11/2/2011 12:25:02 PM
This low-priced firm in the pharmaceuticals business hit a new high on the prior session, rising from a 6-week "V" shaped consolidation. Recent quarterly comparisons show strong sales revenues and earnings increases, however it does not have a strong annual earnings history (A criteria not satisfied) matching the models of past great winners identified using the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ANSS - NASDAQ - Computer Sftwr-Design
Ansys Inc
$54.13 +1.19
2.25%
$54.80 $57.50 -5.86% 373,781
78.97%
473,300
Most Recent Note for ANSS - 11/2/2011 12:29:15 PM
It has survived but failed to impress since dropped from the Featured Stocks list on 9/17/09. Due to report earnings on November 3rd. Prior earnings increases have been just below the +25% guideline in recent quarterly comparisons. It has maintained a steady annual earnings (A criteria) growth history.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ASPS - NASDAQ - REAL ESTATE - Property Management/Developmen
Altisource Ptf Sltns Sa
$41.85 +1.41
3.49%
$41.87 $41.87 -0.05% 72,204
100.98%
71,500
Most Recent Note for ASPS - 11/2/2011 12:34:36 PM
Rallying into new all-time high territory with a recent spurt of volume-driven gains. Technically, it broke out with a considerable gain on 10/27/11. Quarterly earnings increases have been mostly strong and backed by solid sales revenues increases, but the -16% earnings in its Jun '11 quarter is a flaw concerning the C criteria. This Luxembourg-based Financial Services firm's small supply (S criteria) of only 16.2 million shares in the public float can contribute to greater volatility in the event of institutional buying or selling. ASPS was dropped from the Featured Stocks list on 10/07/10 then violated its 200 DMA with a streak of volume-driven losses, and it subsequently rebounded back above its 200 DMA and 50 DMA lines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BGS - NYSE - FOOD & BEVERAGE - Processed & Packaged Goods
B & G Foods Inc
$21.16 +0.37
1.78%
$21.52 $21.83 -3.06% 296,717
75.39%
393,600
Most Recent Note for BGS - 11/2/2011 12:36:20 PM
Perched near its 52-week high today following volume-driven gains on news of an agreement to acquire Culver Specialty Brands, including Mrs. Dash, from Unilever. No overhead supply remains to act as resistance. It had slumped under its 200 DMA during its consolidation since noted in the 7/06/11 mid-day report - "Its earnings history has been strong, but the lack of sales revenues growth raises concerns that there is not great or growing demand for a new (N criteria) product or services."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
BIRT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Actuate Corp
$6.50 +0.45
7.44%
$6.55 $6.76 -3.85% 206,452
70.99%
290,800
Most Recent Note for BIRT - 11/2/2011 12:38:22 PM
Earnings history for this low-priced Computer Software - Enterprise firm has been below the fact-based investment system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CPA - NYSE - TRANSPORTATION - Regional Airlines
Copa Holdings Sa
$68.55 +0.45
0.66%
$69.16 $72.86 -5.92% 220,348
65.70%
335,400
Most Recent Note for CPA - 11/2/2011 12:41:10 PM
Still perched near its 52-week high today, however its choppy consolidation is not considered to be a sound base pattern. The rebound above its 50 DMA line helped its outlook improve. Due to report earnings on November 9th. It promptly repaired a recent violation of its 200 DMA line after it was dropped from the Featured Stocks list on 9/30/11.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CVLT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Business Software & Services
Commvault Systems Inc
$44.16 -0.62
-1.38%
$45.75 $47.56 -7.15% 434,075
71.76%
604,900
Most Recent Note for CVLT - 11/2/2011 12:43:47 PM
Approaching its 52-week high after a deep 4-month consolidation. The Jun and Sep '11 quarters showed better than +25% increases in sales revenues and earnings, but prior comparisons showed sub par fundamentals. It had slumped below its 200 DMA line while encountering distributional pressure after wedging to new all-time highs without great volume conviction following the 6/28/11 mid-day report which noted - "Based on poor technical action it was dropped from the Featured Stocks list on 7/13/10. It has rebounded impressively since, yet its fundamental characteristics today are not a match for the fact-based system at all. Disciplined investors avoid the temptation to get in 'early' and may review earlier notes and observe that CVLT did not trigger a technical buy signal after it had been featured in the 7/06/10 mid-day report."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
DISCA - NASDAQ - MEDIA - Broadcasting - TV
Discovery Com Cl A
$43.67 +1.40
3.31%
$44.11 $45.81 -4.67% 2,032,704
110.86%
1,833,600
Most Recent Note for DISCA - 11/2/2011 12:56:07 PM
Ownership by top-rated funds fell from 988 in Mar '11 to 942 in Sep '11. Little resistance remains due to overhead supply up through the $45 area. Sales revenues increases and earnings have shown acceleration in recent quarterly comparisons while earnings were above the +25% guideline. However, in 5 of the past 8 quarters (through Sep 2011) there are blue triangles beside the earnings figure on the chart service used by our experts - which indicates pre-tax, non-recurring items were included (where possible, such items are normally removed to provide data better suited for comparison).
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
GNRC - NYSE - Electrical-Power/Equipmt
Generac Hldgs Inc
$23.43 +0.20
0.86%
$23.47 $24.26 -3.42% 128,667
64.66%
199,000
Most Recent Note for GNRC - 11/2/2011 12:59:09 PM
Inching into new high territory with a recent spurt of small volume-driven gains above prior resistance in the $21 area. Sales and earnings increases in the Sep '11 quarter improved, but its prior history has been below the fact-based investment system's guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
GOLD - NYSE - METALS & MINING - Gold
Barrick Gold Corporation
$115.20 +4.92
4.46%
$117.24 $117.24 -1.74% 670,030
78.91%
849,100
Most Recent Note for GOLD - 11/2/2011 1:04:30 PM
Gapped up today and touched a new all-time high after a sloppy 6-week consolidation. No overhead supply remains to act as resistance. This UK-headquartered firm in the Mining - Gold/Silver/Gems group showed very strong sales revenues and earnings increases in the Mar, Jun, and Sep '11 quarterly comparisons much greater than the +25% minimum guideline following sub par Dec '10 quarterly results. Up and down 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  
INT - NYSE - WHOLESALE - Basic Materials Wholesale
World Fuel Services Corp
$40.92 +2.13
5.49%
$41.26 $42.15 -2.92% 643,590
112.07%
574,300
Most Recent Note for INT - 11/2/2011 1:09:46 PM
Perched within close striking distance of its 52-week high today with little overhead supply remaining to act as resistance. Its annual earnings history (A criteria) has been great. Quarterly earnings rose +26% on +91% sales revenues for the quarter ended September 30, 2011 versus the year ago period. The 3 prior quarterly comparisons showed earnings increases below the +25% guideline but recently accelerating. Ownership by top-rated funds fell from 495 in Mar '11 to 449 in Sep '11.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MA - NYSE - Finance-CrdtCard/PmtPr
Mastercard Inc Cl A
$357.51 +23.21
6.94%
$364.80 $364.80 -2.00% 1,736,885
123.52%
1,406,100
Most Recent Note for MA - 11/2/2011 1:18:27 PM
Gapped up today and touched a new all-time high after reporting earnings +43% on +27% sales revenues for the quarter ended September 30, 2011 versus the year ago period. Rebounded impressively and no overhead supply remains to act as resistance, but its 6-week "V" shaped consolidation is not recognized as a sound new base pattern. Damaging losses recently triggered technical sell signals and it was dropped from the Featured Stocks list on 10/04/11.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
MANH - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software
Manhattan Associates Inc
$41.93 +0.42
1.01%
$42.02 $42.91 -2.28% 101,003
63.52%
159,000
Most Recent Note for MANH - 11/2/2011 1:21:30 PM
Holding its ground near its 52-week high while churning above average volume for the past week. Big gains on heavy volume (10/18 & 10/19) helped it break out from a previously noted 13-week base. It rallied clear of all resistance due to overhead supply. The Jun and Sep '11 quarters showed great fundamental improvement. Prior quarterly and annual earnings (C and A criteria) results have been up and down, not showing strong and steady growth matching 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  
MCK - NYSE - WHOLESALE - Drugs Wholesale
Mckesson Corp
$81.72 +2.42
3.05%
$82.42 $87.32 -6.41% 1,258,509
59.55%
2,113,300
Most Recent Note for MCK - 11/2/2011 1:43:07 PM
Technically it broke out from a "double bottom" base with a big gap up gain on 10/26/11. It has a steady annual earnings (A criteria) history, however the Mar and Sep '11 quarters were the only periods with earnings increases above the +25% minimum guideline in the span of at least 8 quarterly comparisons. Sales revenues increases have been limited to the +8-10% range. Ownership by top-rated funds has been waning this year.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
RATE - NYSE - INTERNET - Internet Information Providers
Bankrate Inc
$19.96 +0.17
0.86%
$20.48 $20.48 -2.54% 169,445
79.55%
213,000
Most Recent Note for RATE - 11/2/2011 1:51:33 PM
Hit another new all-time high with today's 6th consecutive gain. Recent quarterly comparisons showed strong sales revenues increases and solid earnings versus year ago losses. Limited history since its 6/17/11 IPO is cause for concern and its annual earnings (A criteria) is not a match with the fact-based investment system's guidelines.

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
REXX - NASDAQ - Oil&Gas-U S Expl&Prod
Rex Energy Corp
$15.65 +1.42
10.00%
$16.15 $16.50 -5.13% 1,062,328
94.78%
1,120,800
Most Recent Note for REXX - 11/2/2011 1:54:32 PM
Recent quarterly comparisons showed greatly improved sales revenues and earnings results after losses in FY '08 -'10 (bad A criteria). Erratic price action in recent weeks is not a sound base pattern, yet it has rallied clear of all resistance due to overhead supply.
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
$18.13 +2.36
14.97%
$18.25 $18.58 -2.42% 1,891,427
314.50%
601,400
Most Recent Note for SIMO - 11/2/2011 1:57:48 PM
Gapped up today for a considerable gain and another new 52-week high. Stubbornly held its ground following recent volume-driven gains, rising with no overhead supply to act as resistance. Reported earnings +138% on +73% sales revenues for the quarter ended September 30, 2011 versus the year ago period. Recent quarterly comparisons show greatly improved sales revenues and earnings increases. Its annual earnings (A criteria) growth has not been strong and steady, and included a loss in FY '09, 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  
VRSK - NASDAQ - DIVERSIFIED SERVICES - research
Verisk Analytics Cl A
$35.75 +2.03
6.01%
$36.00 $36.00 -0.71% 1,067,716
153.01%
697,800
Most Recent Note for VRSK - 11/2/2011 2:07:18 PM
Hit a new 52-week and all-time high today after reporting earnings +25% on +18% sales revenues for the quarter ended September 30, 2011 versus the year ago period. Prior comparisons were just under the +25% earnings guideline while it showed slight sales and earnings acceleration, and its annual earnings (A criteria) history is good. No resistance remains due to overhead supply as it is inching above multi-month resistance in the $35 area.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WCG - NYSE - HEALTH SERVICES - Health Care Plans
Wellcare Health Plans
$51.89 +4.26
8.94%
$52.00 $55.75 -6.92% 739,182
122.22%
604,800
Most Recent Note for WCG - 11/2/2011 2:11:06 PM
Gapped up today, approaching its 52-week high. Reported earnings +142% on +11% sales revenues for the quarter ended September 30, 2011 versus the year ago period. Leadership in the Medical - Managed Care industry group (L criteria) has contributed greatly to its recent performance. Recent quarterly comparisons show improving sales revenues and big earnings improvements, but its annual earnings (A criteria) history is below the investment system guidelines.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
WPC - NYSE - REAL ESTATE - Property Management/Developmen
W P Carey Inc Reit
$40.30 +1.70
4.40%
$40.60 $42.72 -5.66% 34,627
67.76%
51,100
Most Recent Note for WPC - 11/2/2011 2:12:04 PM
The 10/27/11 mid-day report noted - "Showed stronger sales revenues and earnings increases in the Mar and Jun '11 quarters, and it is due to report earnings on Tuesday, November 8th. Its annual earnings (A criteria) history has been below the fact-based investment system's 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