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| Weekly Commentary |
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Market
Summary
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| Market Summary |
Overview of market direction and industry rotation |
| Index |
Value |
Change Week |
Change YTD |
Market1
Signal |
| Dow |
11370.7 |
-1.1% |
-14.28% |
enter |
| NASDAQ |
2310.53 |
1.22% |
-12.89% |
exit |
| S&P 500 |
1257.76 |
-0.23% |
-14.34% |
enter |
| Russell 2000 |
710.34 |
2.49% |
-7.27% |
N/A |
Best Performing Index |
| 1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
Russell 2000
2.49 % |
Russell 2000
-1.6 % |
Russell 2000
3.16 % |
Russell 2000
-7.27 % |
Best
Performing Industry (by average technical score over each period) |
| 1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
| REIT - Healthcare Facilities |
REIT - Healthcare Facilities |
Independent Oil & Gas |
Agricultural Chemicals |
Most
Improved Industry (by change in technical rank2) |
Aluminum
+ 54 |
Aluminum
+ 99 |
Long Distance Carriers
+ 213 |
Long Distance Carriers
+ 210 |
| Charts of each industry rank
and performance over 12 months are available on the site |
1The Market Signal is derived from our proprietary
market model. The market model is described on the site.
2The site also shows industry rankings based on fundamentals,
combined technical and fundamentals, and on price alone (similar to IBD).
The site also shows daily industry movements.
|
|
| Weekly Breakout Report |
How confirmed breakouts performed this
week |
# of Breakouts |
Period Average1 |
Max. Gain During Period2 |
Gain at Period Close3 |
| This Week |
24 |
21.69 |
6.45% |
2.87% |
| Last Week |
15 |
22 |
6.37% |
-1.23% |
| 13 Weeks |
298 |
23.62 |
12.25%
|
-2.97% |
Sector |
Industry |
Breakout Count for Week |
HEALTH SERVICES |
Medical Appliances & Equipment |
3 |
DIVERSIFIED SERVICES |
Personal Services |
2 |
ELECTRONICS |
Scientific & Technical Instruments |
2 |
FINANCIAL SERVICES |
Closed-End Fund - Equity |
2 |
COMPUTER SOFTWARE & SERVICES |
Technical & System Software |
1 |
DRUGS |
Drug Manufacturers - Other |
1 |
DRUGS |
Diagnostic Substances |
1 |
DRUGS |
Biotechnology |
1 |
ENERGY |
Oil & Gas Equipment & Services |
1 |
FOOD & BEVERAGE |
Processed & Packaged Goods |
1 |
HEALTH SERVICES |
Medical Instruments & Supplies |
1 |
HEALTH SERVICES |
Medical Laboratories & Research |
1 |
HEALTH SERVICES |
Hospitals |
1 |
INTERNET |
Internet Information Providers |
1 |
MATERIALS & CONSTRUCTION |
General Building Materials |
1 |
METALS & MINING |
Gold |
1 |
TELECOMMUNICATIONS |
Telecom Services - Foreign |
1 |
TELECOMMUNICATIONS |
Diversified Communication Services |
1 |
TRANSPORTATION |
Trucking |
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 |
FLDR |
Flanders Corporation |
119 |
| Top Technical |
ENG |
Englobal Corp |
71 |
| Top Fundamental |
OFI |
Overhill Farms Inc |
106 |
| Top Tech. & Fund. |
OFI |
Overhill Farms Inc |
106 |
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 |
ENZ |
Enzo Biochem Inc |
67 |
| Top Technical |
RES |
RPC Inc |
63 |
| Top Fundamental |
QDEL |
Quidel Corp |
50 |
| Top Tech. & Fund. |
QDEL |
Quidel Corp |
50 |
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.
Because the model variance is +/- 38% the expectation can be negative. |
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