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CANSLIM.net OPEN ARCHIVES 09/21/2009 Mid-Day Breakouts Report
Monday, September 21, 2009 / CANSLIM.net
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Dow 9,788.83 -31.37 (-0.32%) |
Nasdaq 2,136.76 +3.90 (+0.18%) |
S&P 500 1,064.60 -3.70 (-0.35%)
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| ABOUT |
THIS |
REPORT |
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Time of
Screening :
12:12PM
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
IBD Stock Checkup
IBD Charts
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Y - Today's better buy candidates
highlighted by our staff of experts.
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G -
Previously featured in this report as yellow
and now may no longer be buyable under the
guidelines. |
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| TODAY'S |
BREAKOUT |
SCREEN |
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To Perform a Your Own
Customized Screen of our Leaders List ->
Screening Tool
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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".
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| Symb. |
Co. Name |
Price |
Chg. |
52 W High |
% From High |
Vol. |
DAV |
% of DAV |
Resources |
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LPSN
NASDAQ |
Liveperson Inc
DIVERSIFIED SERVICES - Business/Management Services |
$5.00 |
+$0.27 |
$4.73 |
+5.71% |
445295 |
305400 |
145.81% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Low priced stock hit a new 52-week high today, rising from an orderly base with a 9th cosecutive gain on ever-increasing volume. Sales revenues increases have steadily decelerated in quarterly comparisons, and its earnings history has been erratic and below guidelines.
View All Notes for LPSN |
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ININ
NASDAQ |
Interactive Intelligence
COMPUTER SOFTWARE & SERVICES - Business Software & Services |
$20.07 |
+$0.08 |
$20.45 |
-1.84% |
84647 |
121900 |
69.44% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Sales and earnings history have been below guidelines, a serious fundamental flaw. It has been consolidating above prior chart highs in a tight range near its 52 week high after recent big gains on heavy volume helped it rise from an orderly flat base above its 50 DMA line. Weak technical action prompted its removal from the Featured Stocks list on 1/7/08, shortly after it had been featured in the December 2007 issue of CANSLIM.net News (read here).
View All Notes for ININ |
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INOD
NASDAQ |
Innodata Isogen Inc
INTERNET - Internet Software & Services |
$7.30 |
+$0.20 |
$7.44 |
-1.88% |
548579 |
236500 |
231.96% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
A recent streak of gains on heavy volume lifted this low priced stock to new multi-year highs. Its 2 latest quartterly comparisons showed improving sales growth and big earnings increases, however its annual earnings history (the A criteria) has been erratic and below guidelines.
View All Notes for INOD |
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HSR
AMEX |
Hi-Shear Technology Corp
AEROSPACE/DEFENSE - Aerospace/Defense Products & Services |
$18.98 |
+$0.13 |
$18.90 |
+0.42% |
45226 |
45400 |
99.62% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Holding its ground since 9/16/09 when it gapped up on news Chemring Group will acquire the company for $19.18 in cash.
View All Notes for HSR |
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CS
NYSE |
Credit Suisse Group
FINANCIAL SERVICES - Diversified Investments |
$54.42 |
-$0.93 |
$56.47 |
-3.63% |
1025273 |
1010300 |
101.48% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Although it rallied to new 52-week high last week, its sales revenues and earnings history are below guidelines keving fundamental concerns.
View All Notes for CS |
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BLKB
NASDAQ |
Blackbaud Inc
COMPUTER SOFTWARE & SERVICES - Business Software & Services |
$24.30 |
+$0.82 |
$23.48 |
+3.49% |
375048 |
195200 |
192.14% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Off today's early high after gapping up, it is on track for a 4th consecutive gain on above average volume. Despite strong technical action recently its earnings and sales history remain below guidelines leaving fundamental concerns.
View All Notes for BLKB |
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SXCI
NASDAQ |
S X C Health Solution
COMPUTER SOFTWARE & SERVICES - Healthcare Information Service |
$48.25 |
+$1.25 |
$47.39 |
+1.81% |
344226 |
399000 |
86.27% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Gaining more ground today after a gap up on 9/18/09 for a new 52-week high upon announcing it was selling 4,500,000 common shares at a price to the public of $41.50 per share, increased from the previously announced offering size of 3,500,000. It has been mostly unwilling to budge on the downside since its 8/06/09 "breakaway gap" to multi-year highs with a considerable gain on very heavy volume. The 7/15/09 mid-day report observed that - "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 |
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RAX
NYSE |
Rackspace Hosting Inc
INTERNET - Internet Software &; Services |
$16.40 |
+$0.23 |
$16.33 |
+0.43% |
664574 |
882100 |
75.34% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Challenging all-time highs with a streak of gains on above average volume, rising from a short and choppy consolidation that resembles an ascending base. This Internet- Networking Solutions firm appeared in several mid-day reports in June, noted when rising "from a deep cup with-handle type pattern." It has earned very high ranks, however its quarterly earnings history has been erratic and below guidelines. It also shows a worrisome pattern of decelerating sales growth from Sept & Dec '08, and Mar '09 increases of +44%, +34%, +21%, to only +16% in the latest quarter ended June 30, 2009.
View All Notes for RAX |
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CISG
NASDAQ |
Cninsure Inc Ads
INSURANCE - Insurance Brokers |
$22.34 |
+$0.34 |
$22.50 |
-0.72% |
250580 |
355200 |
70.55% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Perched at its 52-week high after a choppy consolidation, not a sound base. This high-ranked China-based insurance broker has shown strong earnings and sales growth above the +25% guideline but generally decelerating in recent years. Also, the low-ranked Insurance-Brokers industry group has a Relative Strength Rank of 5 now, indicating it has been a laggard group, not a leader (the L criteria).
View All Notes for CISG |
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CHBT
NASDAQ |
China-Biotics Inc
METALS &; MINING - Nonmetallic Mineral Mining |
$16.24 |
+$1.21 |
$16.35 |
-0.67% |
113122 |
62200 |
181.87% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Hit a new 52-week high today. Earnings history is below guidelines with only one quarter in the past 8 comparisons versus the year ago period showing a better than +25% earnings increase.
View All Notes for CHBT |
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DISCA
NASDAQ |
Discovery Com Inc Cl C
MEDIA - Broadcasting - TV |
$29.75 |
+$0.15 |
$29.77 |
-0.07% |
994147 |
1503300 |
66.13% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Today it qiuetly reached a new all-time high. Sub-par sales growth and erratic earnings history raise fundamental concerns.
View All Notes for DISCA |
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KPPC
NASDAQ |
KapStone Paper and Packaging Corp
MANUFACTURING - Paper & Packaging |
$8.36 |
-$0.20 |
$8.60 |
-2.79% |
344476 |
547900 |
62.87% |
C
A N
S L
I M,
StockTalk,
News,
Chart,
SEC,
Zacks Reports |
Challenging its 52-week highs on the right side of a very deep "V" shaped chart pattern, not a sound base. The number of top-rated funds owning its shares fell from 32 in Sept '08 to 15 in Jun '09, however it rebounded impressively from a $1.00 low.
View All Notes for KPPC |
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