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|
| Market Summary |
Overview of market direction and industry rotation |
| Index |
Value |
Change Week |
Change YTD |
Market1
Signal |
Commentary |
| Dow |
10387.5 |
3.59% |
-0.21% |
enter |
The markets continued the rally that started last week. After a brief respite
on Tuesday, the rally gathered strength on Wednesday and powered ahead allowing
the indexes to close the week well over 3% higher. The Dow and NASDAQ registered
three accumulation
days and the S&P registered two. Rising prices on increasing volume is a bullish
signal. The S&P 500, the broadest indicator of market strength, is at its high
for the
year
and
the
Dow Jones
easily broke
through
its 200 day moving average, an important level of resistance. The NASDAQ is
11.4% higher than when we advised entry into this market on August 18 this
year.
This was another strong week for breakouts with 53 confirmed for
the week The best performer was PSYS which closed 15.24% higher than its breakout
on Tuesday, less than 1% off its high since breakout. The industries producing
the most breakouts were Business Services - Security and Safety (3) and Healthcare-Medical
and Dental Services(3). The Business Services sector produced 7 breakouts overall
and Healthcare 5.
The most improved industry this week, according to our industry rankings,
was Healthcare-HMO's. Our industry rankings are based on the average technical
strength of all stocks in the industry. The most improved industry is an indicator
of where the next breakout leaders may be coming from.
|
| NASDAQ |
2038.94 |
3.24% |
1.61% |
enter |
| S&P 500 |
1166.17 |
3.18% |
5.2% |
enter |
Best Performing Index |
| 1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
Dow Jones
3.59 % |
Dow Jones
6.53 % |
NASDAQ Composite
5.71 % |
S&P 500
5.2 % |
Best Performing Industry |
| 1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
| Oil & Gas-Cdn Integrated |
Oil & Gas-Cdn Integrated |
Chemical-Fertilizers |
Building-Wood Products |
Most Improved Industry
(by change in rank) |
Healthcare-HMO
+ 26 |
Computer-Optical Recog
+ 62 |
Computer-Optical Recog
+ 125 |
Computer-Optical Recog
+ 144 |
1The Market Signal is derived from our proprietary
market model. The market model is described on the site. |
|
| Weekly Breakout Report |
How confimed breakouts performed this
week |
# of Breakouts
|
Period Average1
|
Max. Gain During Period2
|
Gain at Period Close3
|
| This Week |
53 |
39.23 |
5.48% |
3.66% |
| Last Week |
53 |
36.92 |
8.58% |
5.86% |
| 13 Weeks |
515 |
N/A |
13.76%
|
7.79% |
Sector
|
Industry
|
Breakout Count for Week
|
Business Services
|
Business Svcs-Sec/Safety
|
3
|
Healthcare
|
Healthcare-Med/Dent Services
|
3
|
Diversified Operations
|
Diversified Operations
|
2
|
Media
|
Media-Radio/TV
|
2
|
Retail
|
Retail-Apparel
|
2
|
Telecomm
|
Telecomm-Equipment
|
2
|
Banks
|
Banks-Southeast
|
1
|
Banks
|
Banks-Midwest
|
1
|
Building
|
Building-Heavy Constr
|
1
|
Building
|
Building-Painting Prds
|
1
|
Business Services
|
Business Svcs-Printing
|
1
|
Business Services
|
Business Svcs-Schools
|
1
|
Business Services
|
Business Svcs-Leasing
|
1
|
Business Services
|
Business Svcs-Misc
|
1
|
Computer
|
Computer-Integrated Sys
|
1
|
Computer
|
Computer-Storage Devices
|
1
|
Computer
|
Computer-Services
|
1
|
Computer Software
|
Comp Software-Desktop
|
1
|
Computer Software
|
Comp Software-Security
|
1
|
Computer Software
|
Comp Software-Enterprise
|
1
|
Containers
|
Containers
|
1
|
Electronics
|
Electr-Misc Products
|
1
|
Electronics
|
Electr-Laser Systems
|
1
|
Finance
|
Finance-Invest Management
|
1
|
Healthcare
|
Healthcare-Med/Dent Supply
|
1
|
Healthcare
|
Healthcare-Drugs/Ethical
|
1
|
Insurance
|
Insurance-Prop/Casualty/TItl
|
1
|
Internet
|
Internet-E:Commerce
|
1
|
Leisure
|
Leisure-Htls/Mtls
|
1
|
Machinery
|
Machinery-Industrial
|
1
|
Mining
|
Mining-Gold/Silver/Gems
|
1
|
Real Estate/ REIT
|
Real Estate Development
|
1
|
Real Estate/ REIT
|
Real Estate-REIT
|
1
|
Real Estate/ REIT
|
Real Estate Management
|
1
|
Retail
|
Retail-Mail Order/Direct
|
1
|
Retail
|
Retail-Consumer Electr
|
1
|
Retail
|
Retail-Drug Stores
|
1
|
Retail
|
Retail-Restaurant
|
1
|
Special
|
Special-Market/Tracking Funds
|
1
|
Telecomm
|
Telecomm-Services Fgn
|
1
|
Textile
|
Textile-Household Prod
|
1
|
Transportation
|
Transportation-Equip Mfg
|
1
|
Utility
|
Utility-Electric
|
1
|
1The average number of breakouts in each week over the previous
13 weeks.
2This represents the return if each stock
were bought at its breakout price and sold at its intraday high.
3This represents the
return if each stock were bought at its breakout price and sold at
the most recent close. |
| Top Breakout Choices |
Stocks on our Cup-and-Handle list with best
expected gain if they breakout |
Category |
Symbol |
Company Name |
Expected Gain1 |
| Best Overall |
SRSL |
SRS Labs, Inc. |
126 |
| Top Technical |
QSND |
QSound Labs, Inc. |
94 |
| Top Fundamental |
DRIV |
Digital River, Inc. |
57 |
| Top Tech. & Fund. |
DRIV |
Digital River, Inc. |
57 |
1This is the gain predicted by our Expected Gain model if the stock
breaks out. Expected Gains for all cup-and-handle stocks are published on our
site.
|
| Top Second Chances |
Stocks that broke out this week and
are still in buyable range |
Category |
Symbol |
Company Name |
Expected Gain1 |
| Best Overall |
IRS |
IRSA Inversiones Y Representaciones S.A. |
91 |
| Top Technical |
VTIV |
Ventiv Health, Inc. |
79 |
| Top Fundamental |
TASR |
TASER International, Inc. |
90 |
| Top Tech. & Fund. |
TASR |
TASER International, Inc. |
90 |
1This is the gain predicted by our Expected Gain model after the
stock has broken out which uses the volume on breakout as a predictive term. |
| New Features this Week |
Additional Value that we added this week |
Daily breakouts analyzed by industry
We added a summary of the days breakout attempts and successes analyzed by sector
and industry to the Market Analysis page. The intention is to provide an indication
of which industries are 'hot' on a day by day basis to provide an additional
factor to consider when choosing breakouts for purchase. |
| This Week's Top Tip |
Tips for getting the most out of our site |
Limiting the Number of Email Alerts you Receive
The recent market activity has produced a large number of attempted breakouts,
each of which generates an email alert. For Trial, Gold and Platinum subscribers,
this can result in a large number of emails in their inbox. Reading and
analyzing these emails can be time consuming. Several subscribers this week
have asked how they can manage the number of emails they receive so we deal
with that this week.
Each of our BreakoutWatch lists allows Platinum (or Trial) subscribers
to filter the lists so only stocks that meet the filter criteria are displayed.
These filters can be set according to your own individual preferences and then
saved. Once saved, then these filters are used by our email alert system to
determine which stocks we should alert you about. You should set your filters
for each BreakoutWatch list as they operate independently from each other.
To learn how to use the filters effectively, then review our overview
of using filters for our Cup-with-handle list first. The principles are
easily extended to the double bottom and flat base lists. We also have a
tutorial that provides deeper insight into selecting filter values in our
Tutorials Forum entitled
"Using Filters".
Once you've limited the number of emails you receive, you may want to be sure
that you haven't missed anything important. You can do this by logging into
the site and checking the "Take Action - Alerts" page which lists each alert
as they become available. This page is available to Gold, Platinum and Trial
subscribers.
This tip has been posted to the Tutorials Forum (Under Learning Center) on
our web site. To comment or ask a question about this tip, please do so there.
The Tutorial Forum is open to Guests.
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