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, NOVEMBER 4TH, 2011
Previous Mid Day Report Next Mid Day Report >>>

DOW 11897.04 -147.69 (-1.23%) | NASDAQ 2683.7 -14.15 (-0.52%) | S&P 500 1245.76 -15.39 (-1.22%)
Time of Screening : 11/4/2011 12:01:04 PM         Report Released : 11/4/2011 1:31:17 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
AFSI - NASDAQ - INSURANCE - Property &; Casualty Insurance
Amtrust Financial Svcs
$26.81 +0.05
0.19%
$27.00 $27.00 -0.70% 151,509
63.85%
237,300
Most Recent Note for AFSI - 11/4/2011 12:04:27 PM
Up today for a 3rd consecutive gain with volume running at an above average pace while rising into new all-time high territory. Found support above prior highs during its consolidation since the previously noted 10/24/11 gain helped it rise from an 8-week cup shaped base during which it found support well above its 200 DMA line. Reported earnings +5% on +38% sales revenues for the quarter ended September 30, 2011 versus the year ago period, below the +25% earnings guideline.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ARMH - NASDAQ - ELECTRONICS - Semiconductor - Specialized
A R M Holdings Plc Ads
$30.87 +1.40
4.75%
$30.97 $32.18 -4.09% 3,573,792
87.90%
4,065,600
Most Recent Note for ARMH - 11/4/2011 12:12:00 PM
Previously noted in a few September 2011 mid-day reports that since noted in the 2/15/11 mid-day report it has been consolidating. Gapped up today, and little resistance remains after clearing prior chart highs, now approaching its 52-week high. Quarterly results showed strong earnings increases for the past 7 comparisons versus the year ago period through Sep '11, however sales revenues increases have shown sequential deceleration. There was a downturn in its FY '09 earnings, and its annual earnings history (A criteria) was previously noted as 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  
CDNS - NASDAQ - Computer Sftwr-Design
Cadence Design Systems
$11.06 -0.06
-0.54%
$11.11 $11.38 -2.81% 2,396,469
69.98%
3,424,500
Most Recent Note for CDNS - 11/4/2011 12:13:42 PM
Stubbornly holding its ground near its high since last noted in the 10/27/11 mid-day report - "Gapped up today and hit a new 52-week high. The 3 latest quarterly comparisons (Mar, Jun, Sep '11) show strong sales revenues increases and earnings increases above the +25% guideline satisfying the C criteria. Losses in FY '08 and '09 are a flaw concerning its annual earnings history (A criteria)."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CRVL - NASDAQ - Comml Svcs-Healthcare
Corvel Corp
$50.94 -1.82
-3.45%
$52.23 $54.64 -6.77% 30,191
95.84%
31,500
Most Recent Note for CRVL - 11/4/2011 12:20:02 PM
Consolidating following a volume-driven gain on 10/27/11 that helped it hit a new 52-week high. Fundamentals are not strong, as was the case when last noted in the 3/23/11 mid-day report - "Quarterly and annual earnings history (C and A criteria) has not been strong and steady enough to meet the investment system's guidelines."
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
$45.86 +0.06
0.13%
$46.12 $47.56 -3.57% 372,667
61.84%
602,600
Most Recent Note for CVLT - 11/4/2011 12:21:32 PM
A spurt of small gains has it 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  
EGOV - NASDAQ - INTERNET - Internet Software & Services
N I C Inc
$13.67 -0.23
-1.65%
$14.00 $14.48 -5.59% 270,294
91.66%
294,900
Most Recent Note for EGOV - 11/4/2011 12:33:03 PM
Perched near its 52-week high today, holding its ground with volume totals cooling after considerable volume-driven gains. Reported earnings +22% on +12% sales revenues for the quarter ended September 30, 2011 versus the year earlier. Quarterly and annual earnings (A criteria) history has not been strong and steady while sales revenues increases have been in the +12-14% range, not a good match with 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  
GNRC - NYSE - Electrical-Power/Equipmt
Generac Hldgs Inc
$24.01 -0.72
-2.91%
$24.99 $25.35 -5.29% 120,593
58.31%
206,800
Most Recent Note for GNRC - 11/4/2011 12:34:09 PM
Perched at all-time highs after a spurt of 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
$116.90 -1.90
-1.60%
$118.60 $119.10 -1.85% 519,894
62.96%
825,700
Most Recent Note for GOLD - 11/4/2011 12:38:23 PM
Perched at its all-time high after wedging to new high ground this week without great volume conviction following 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  
QCOM - NASDAQ - TELECOMMUNICATIONS - Communication Equipment
Qualcomm Inc
$55.68 -0.38
-0.68%
$55.86 $59.84 -6.95% 10,057,755
58.27%
17,260,900
Most Recent Note for QCOM - 11/4/2011 1:19:01 PM
Volume-driven gains this week helped it rebound from below its 50 and 200 DMA lines. Reported earnings +18% on +39% sales revenues for the quarter ended September 30, 2011 versus the year ago period, below the fact-based investment system's +25% earnings guideline. Previously noted downturn in its FY '09 earnings is a flaw with respect to the A criteria.

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
$20.40 -0.18
-0.87%
$20.88 $20.99 -2.80% 164,879
73.15%
225,400
Most Recent Note for RATE - 11/4/2011 1:20:24 PM
Holding its ground at its all-time high today after 7 consecutive gains. 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
$16.81 +0.20
1.20%
$17.11 $17.11 -1.75% 812,474
69.17%
1,174,600
Most Recent Note for REXX - 11/4/2011 1:21:37 PM
Touched another new 52-week high with today's 3rd consecutive volume-driven gain. The 11/02/11 mid-day report noted - "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  
SBUX - NASDAQ - LEISURE - Specialty Eateries
Starbucks Corp
$44.28 +2.86
6.90%
$44.48 $44.69 -0.92% 8,497,844
112.17%
7,575,600
Most Recent Note for SBUX - 11/4/2011 1:23:26 PM
Gapped up today and hit a new 52-week high. Reported earnings +0% on +7% sales revenues for the quarter ended September 30, 2011 versus the year ago period. The Retail - Restaurants firm is not a good match with 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  
SXL - NYSE - ENERGY - Oil & Gas Pipelines
Sunoco Logistics Ptnr Lp
$98.70 +0.88
0.90%
$98.75 $101.95 -3.19% 49,931
57.86%
86,300
Most Recent Note for SXL - 11/4/2011 1:25:41 PM
This MLP is holding its ground since reaching another new 52-week high then reversing into the red on 11/02/11. Earnings improved in the Jun and Sep '11 comparisons, but prior history has been sub par. It rebounded from below its 50 and 200 DMA lines and steadily climbed since noted in the 9/06/11 mid-day report - "Quarterly and annual earnings growth (C and A criteria) have 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  
VRSK - NASDAQ - DIVERSIFIED SERVICES - research
Verisk Analytics Cl A
$37.43 +0.00
0.00%
$37.45 $38.28 -2.22% 550,336
74.99%
733,900
Most Recent Note for VRSK - 11/4/2011 1:28:05 PM
Up today for a 3rd consecutive gain with above average volume and yet another new 52-week and all-time high. Technically it broke out after reporting earnings +25% on +18% sales revenues for the quarter ended September 30, 2011 versus the year ago period, but the 11/02/11 mid-day report cautioned - "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  

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