CANSLIM.net Help Lines
1-888-CAN-SLIM
954-785-1121

 

CANSLIM.net OPEN ARCHIVES

08/13/2009 Mid-Day Breakouts Report
Thursday, August 13, 2009 / CANSLIM.net
Print  

Dow 9,396.60 +34.99 (+0.37%) | Nasdaq 2,010.87 +12.15 (+0.61%) | S&P 500 1,012.46 +6.65 (+0.66%)

ABOUT THIS REPORT
Time of Screening : 12:03PM
Price is: Above 52W High and Less Than 52W High but within 5%
Volume Is: At least 57.5% of 50 Day Average at the time of the screening.

At around mid-way through each trading day we run a screen against our database of high-ranked stocks, searching for possible buy candidates that are trading at or near their 52-week high on above average volume. The results of that screen are split into the two sections you see below. The first, titled "TODAY's FEATURED STOCKS" shows stocks that CANSLIM.net's experts have recently identified as among the most strong CANSLIM-based buy candidates to consider. Stocks highlighted in yellow are the most timely and noteworthy, so particular attention and prompt action may be appropriate. The second section, titled "TODAY's BREAKOUT SCREEN" shows the remainder of stocks meeting today's screen parameters. Our experts have reviewed and included notes on these stocks as well, but found that they may not match up as favorably with O'Neil's guidelines in the book "How to Make Money in Stocks".

The following icons denote links to : Daily Graphs Online Daily Graphs Online Stock Checkup IBD Stock Checkup IBD Charts IBD Charts

Y - Today's better buy candidates highlighted by our staff of experts. G - Previously featured in this report as yellow and now may no longer be buyable under the guidelines.

TODAY'S FEATURED STOCKS

To View Current Notes and Data on Featured Stocks -> Featured Stocks Page


NONE OF CANSLIM.NET'S FEATURED STOCKS MET TODAY'S SCREENING CRITERIA


TODAY'S BREAKOUT SCREEN

To Perform a Your Own Customized Screen of our Leaders List -> Screening Tool

This second section, titled "TODAY's BREAKOUT SCREEN" shows the remainder of stocks meeting today's screen parameters. Our experts have reviewed and included notes on these stocks as well, but found that they may not match up as favorably with O'Neil's guidelines in the book "How to Make Money in Stocks".


Symb. Co. Name Price Chg. 52 W High % From High Vol. DAV % of DAV Resources
AEPI
NASDAQ
Aep Industries Inc
CONSUMER NON-DURABLES - Rubber & Plastics
$36.89 +$0.86 $37.04 -0.40% 25531 40100 63.67%
Sales revenues have decelerated and earnings history has been erratic. It has steadily advanced from its March lows, yet it faces overhead supply up through the $55 area.
View All Notes for AEPI
MED
AMEX
Medifast Inc
SPECIALTY RETAIL - Specialty Retail, Other
$15.83 +$1.06 $16.49 -4.00% 629371 587200 107.18%
There is no sound base. It gapped up today, rallying toward prior chart highs. Its 50 DMA line served as a key support level during a sharp pullback in June. Up and down annual earnings history (the A criteria) is a fundamental concern.
View All Notes for MED
GOL
NYSE
Gollinhas Aereas Inteligentes
TRANSPORTATION - Regional Airlines
$10.11 +$0.36 $10.04 +0.70% 1922627 825000 233.05%

Poor fundamental history.


View All Notes for GOL
CACC
NASDAQ
Credit Acceptance Corp
FINANCIAL SERVICES - Credit Services
$32.00 +$1.50 $30.73 +4.13% 32399 30500 106.23%
Extended from its lastest long flat base. Recently rallying toward prior years' highs with gains on above average volume after holding its ground for weeks in a tight trading range above prior chart highs. As previously noted, it technically broke out with its 7/21/09 gain on more than twice average volume. Great track record of annual and quarterly sales revenues and earnings increases. Leadership in the Finance - Consumer/Commercial Loans industry group has been sub par, but recently on the rise.
View All Notes for CACC
CGA
NYSE
Corus Group Plc
METALS & MINING - Steel & Iron
$14.68 +$0.37 $14.40 +1.94% 687334 662600 103.73%

Recent quarters showed acceleration in earnings and sales revenues increases percentage-wise, yet this China-based chemical firm has revenues under $10 million per quarter. Its annual history is not good and there appears to be little substance, while its small supply of shares (the S criteria) could allow for more drastic and volatile price action. This stock is extended from any sound base after a many-fold advance, having risen from the $3 area in April.


View All Notes for CGA
TLVT
NASDAQ
Telvent Git S A
COMPUTER SOFTWARE & SERVICES - Information Technology Service
$25.27 +$0.27 $25.00 +1.08% 40917 32400 126.29%

Its bullish breakout on 8/12/09 may interest some technical traders, and it has a good annual earnings (the A criteria) history, however its quarterly sales revenues and earnings increases have been below guidelines.


View All Notes for TLVT
CFSG
NASDAQ
China Fire & Security Gp
MANUFACTURING - Industrial Equipment &; Compone
$18.46 +$1.63 $19.17 -3.70% 157125 212100 74.08%
Gapped up today. Consolidated a couple of days after its gap up on 8/11/09 helped it blast above its November '08 high. Quarterly reports for Mar & Jun '09 showed earnings growth under the +25% minimum guideline after prior quarters were much better.
View All Notes for CFSG
SSRX
NASDAQ
Three S Bio Ads
DRUGS - Biotechnology
$10.86 +$0.01 $11.19 -2.95% 61048 49400 123.58%
Gapped up on 8/12/09 and hit another new 52-week high. Miniscule sales revenues and a very limited history for this Cayman Islands-based firm in the Medical - Genetics industry.
View All Notes for SSRX
SXCI
NASDAQ
S X C Health Solution
COMPUTER SOFTWARE & SERVICES - Healthcare Information Service
$40.90 +$0.50 $41.28 -0.93% 196985 239900 82.11%
Wedging higher since its 8/06/09 "breakaway gap" to multi-year highs with a considerable gain on very heavy volume. A prior appearance (7/15/09) in this mid-day report included this note - "gain on above average volume, rising from a flat base-on-base type pattern during which it found support above its 50 DMA line. Recently reported another quarter of huge sales and earnings increases, helped by acquisitions rather than organic growth. Its up and down annual earnings history (the A criteria) is a concern. "
View All Notes for SXCI
CISG
NASDAQ
Cninsure Inc Ads
INSURANCE - Insurance Brokers
$20.58 +$2.08 $19.80 +3.94% 762339 205000 371.87%
Gapped up today and hit a new 52-week high after a brief consolidation, not a sound base. This high-ranked China-based insurance broker has shown strong earnings and sales growth, but the low-ranked industry (Insurance-Brokers group has a Relative Strength Rank of 15 now) has been a laggard group, not a leader (the L criteria).
View All Notes for CISG
PWRD
NASDAQ
Perfect World Cl B Ads
COMPUTER SOFTWARE & SERVICES - Application Software
$39.98 -$0.83 $41.38 -3.38% 1185134 1550400 76.44%
It is extended from any sound base. A big gap up gain on 7/20/09 followed a 3-week consolidation which was a rarther rare pause in its ongoing rally from its March low of $8.78. It has a history of strong sales revenues and earnings increases well above the +25% minimum guideline, and its latest quarter ended June 30, 2009 showed a solid increase.
View All Notes for PWRD
HMIN
NASDAQ
Home Inns & Htls Mgt Ads
LEISURE - Lodging
$28.13 +$0.74 $27.57 +2.03% 220538 283700 77.74%

Extended from any sound base, it has continued higher since its gap up on 8/06/09 after its latest quarterly report showed solid sales and earnings increases. It was noted on 8/04/09 in this mid-day report when a considerable gain with above average volume helped it hit a new 52-week high. Earnings history has been erratic, and it still faces a lot of overhead supply.


View All Notes for HMIN
TXIC
NASDAQ
Tongxin International Ltd
AUTOMOTIVE - Auto Parts
$9.66 +$0.24 $9.70 -0.40% 95378 96400 98.94%
Edging higher after its gap up on 8/11/09 for a new all-time high following its latest quarterly report showing strong sales and earnings increases. There are only 4.18 million shares in the public float, and there is only 1 top-rated mutual fund with an ownership interest in this low-priced maker of vehicle body structures, body panels and stamping dies. It has an erratic quarterly sales revenues and earnings history. It formed a deep cup pattern when steadily rallying from its April lows under $2, recently posting gains with above average volume as it inched above its August 2008 highs.
View All Notes for TXIC
FHCO
NASDAQ
Female Health Co
CONSUMER NON-DURABLES - Personal Products
$7.01 +$0.44 $7.30 -3.97% 251155 220700 113.80%
Stubbornly holding its ground near its 52-week high following its 8/03/09 gap up gain on heavy volume. Recent quarters showed big earnings improvements over the year ago period. However, sales revenues increases have been erratic, below guidelines, and rather minuscule (at $5-7 million or so per quarter).
View All Notes for FHCO
CLW
NYSE
Clearwater Paper Corp
MANUFACTURING - Packaging & Containers
$48.15 +$1.20 $47.76 +0.82% 91382 153800 59.42%

Although its current quarterly earnings (the C criteria) in the 2 latest comparisons showed huge percentage increases, the lack of sales revenues growth and erratic annual earnings (the A criteria) are fundamental concerns. After a very steep and substantial climb from March lows near $6, there is no base now.


View All Notes for CLW
MAIL
NASDAQ
Incredimail Ltd
COMPUTER SOFTWARE & SERVICES - Business Software & Services
$8.93 +$0.63 $8.75 +2.06% 200670 54300 369.56%

The Israel-based developer of email software has rallied impressively from its November '08 lows under $2, approaching multi-year highs in the $9-10 area. There is no sound base. This low priced Computer Software - Education/Entertainment firm has held its ground since it was just noted in the 8/07/09 mid-day report that "recent quarters showed great earnings improvement, but it has an erratic annual earnings (the A criteria) history."


View All Notes for MAIL

About CANSLIM.net Newsdesk :
CANSLIM.net's News Desk consists of experienced investment professionals, CAN SLIM® Certified experts, technical/programming specialists, and other dedicated associates. Each member of the team enjoys a certain skill set that has helped CANSLIM.net emerge as a leading independent resource dedicated to this proven investment system.
 
Click Here to TELL-a-FRIEND about CANSLIM.net - if you know someone who might appreciate this report or find the features on our website useful.  As CANSLIM.net's subscriber base grows, we are able to offer more great resources to help you become a more successful investor.   We appreciate any feedback members may wish to send via the inquiry form here.
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. CANSLIM.net is 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 CANSLIM.net StockNews Members. You may opt-out of receiving report notifications at any time.  Questions or comments may be submitted by writing to CANSLIM.net 3170 N. Federal Hwy. Suite 103-H, Lighthouse Point, FL 33064 or by calling 1-800-965-8307 or 954-785-1121.


 

Related Articles:

 
PrintE-Mail

The recommendations made by CAN SLIM® Certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil + Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil + Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

Copyright © 1996-2010 Gruneisen Growth Corp. d/b/a www.canslim.net  All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties.  The names "CANSLIM" and "CAN SLIM®" are service marks and trade names of Investor's Business Daily, Inc., a California corporation, and are used by Gruneisen Growth Corp., a Florida corporation, under license. GGC is solely responsible for the operation of and opinions expressed in this Website. Daily Graphs® and Daily Graphs Online® are registered trademarks of William O'Neil + Co. Incorporated and are used with permission.

Privacy Policy | Terms of Use | Contact Us