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summarizes the breakout events of the week and provides additional guidance
that does not fit into our daily format. It is published each weekend.
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Prior editions of this newsletter with our
valuable Tips of the Week are available here. |
Weekly Commentary |
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It is Spring Break in Hawaii and my boys were off school so we took a break also.
While browsing the 'net we found a fascinating story by Michael Lewis
(Liars Poker) about someone who saw the value in betting against credit
default swaps in 2005 and made a mint. Its a long read, but worth it:
http://www.vanityfair.com/business/features/2010/04/wall-street-excerpt-201004
The newsletter will return next week.
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New Features this Week |
Additional Value that we added this week |
No new features this week.
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This Week's Top Tip |
Tips for getting the most out of our site |
This feature will return next week.
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Market Summary |
Overview of market direction and industry rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
10742 |
1.1% |
3.01% |
Up |
NASDAQ |
2374.41 |
0.29% |
4.64% |
Up |
S&P 500 |
1159.9 |
0.86% |
4.02% |
Up |
Russell 2000 |
673.89 |
-0.4% |
6.28% |
Up |
Wilshire 5000 |
12058.7 |
0.62% |
4.88% |
Up |
Best Performing Index |
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
Dow Jones 1.1 % |
Russell 2000 7.36 % |
NASDAQ Composite 11.33 % |
Russell 2000 6.28 % |
Best
Performing Industry (by average technical score over each period) |
1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
Home Furnishing Stores |
Major Airlines |
Housewares & Accessories |
Housewares & Accessories |
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.
The site also shows daily industry movements.
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Weekly Breakout Report |
How confirmed breakouts performed this
week |
# of Breakouts |
Period Average1 |
Max. Gain During Period2 |
Gain at Period Close3 |
This Week |
23 |
16.77 |
5.42% |
-0.82% |
Last Week |
23 |
15.54 |
8.16% |
-0.16% |
13 Weeks |
233 |
17.69 |
13.76% |
4.78% |
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 |
ABD |
ACCO Brands Corporation |
110 |
Top Technical |
CCO |
Clear Channel Outdoor Holdings Inc. |
64 |
Top Fundamental |
AIXG |
Aixtron Aktiengesellschaft |
59 |
Top Tech. & Fund. |
AIXG |
Aixtron Aktiengesellschaft |
59 |
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 |
CROX |
CROCS Inc. |
110 |
Top Technical |
JAZZ |
Jazz Pharmaceuticals, Inc. |
85 |
Top Fundamental |
AIXG |
Aixtron Aktiengesellschaft |
58 |
Top Tech. & Fund. |
AIXG |
Aixtron Aktiengesellschaft |
58 |
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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