Weekly Newsletter 09/06/08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Login Trial Guest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
You are receiving this email because
you are or were a BreakoutWatch.com subscriber, or have subscribed to
our weekly newsletter. This newsletter
summarizes the breakout events of the week and provides additional guidance
that does not fit into our daily format. It is published each weekend.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prior editions of this newsletter with our valuable Tips of the Week are available here. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Weekly Commentary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
NASDAQ Market Signal Predicted Thursday's Sell-off Our market signal sent an exit signal on Wednesday which was followed on Thursday with drops of 3% and more in each of the four indexes we track. Although there was a mid-day recovery on Friday led by financial stocks, it is doubtful that recovery can continue next week. The Government is set to take over Fannie Mae and Freddie Mac and an announcement may come this weekend. At the same time, losses from sub-prime mortgage/CDO/SIV debacle have now reached $500 billion which is just half of the IMF's predicted fallout and many analysts believe that is a conservative estimate. On the other hand, some analysts believe the worst is behind us, although it seems to us that they generally have an interest in promoting optimism. So whichever way the market goes from here, we are trying to provide you with tools that can give you an advantage, be it on the long or short side. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Features this Week | Additional Value that we added this week | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
New Personal Watchlist Functionality Please read http://www.breakoutwatch.com/personalWatchlists/pwlHelp.html |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
This Week's Top Tip | Tips for getting the most out of our site | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Our tip this week is to use our powerful new personal watchlist function. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Market Summary | Overview of market direction and industry rotation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Weekly Breakout Report | How confirmed breakouts performed this week | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Top Second Chances | Stocks that broke out this week and are still in buyable range | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
If you received this newletter from a friend and you would like to receive it regularly please go to the BreakoutWatch.com site and enter as a Guest. You will then be able to register to receive the newsletter. Copyright © 2008 NBIcharts, LLC dba BreakoutWatch.com.
All rights reserved. BreakoutWatch is not affiliated with Investor's Business Daily or with Mr. William O'Neil.
Our site, research and analysis is supported entirely by subscription and is free from advertising. |