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 |
|
The major indexes improved significantly this week with
the NASDAQ leading the way. Despite this improvement our
market trend indicators remain negative due to the
continuing disappointing volume levels which remain below
the 50 day average. This is evident on the chart below and
note that the average volume line is trending down.
Continuing Server Difficulties
Our new server continued to give us problems this week
with an unreliable real time data feed. This caused us to
miss some real time breakout and breakdown alerts and to
some inaccuracies in our end-of day reports. To compensate
our subscribers, I have extended everyone's subscription
by a full week (7 days). I deeply regret these
errors and have worked hard over the weekend to ensure
these difficulties are resolved. All breakouts and
breakdowns for the week are shown below.
Mike Gibbons
Tables
Breakouts
During Week Beginning April 8, 2013
|
B'out Date |
Symbol |
Base |
B'Out Price |
B'out Day
Close |
B'out Vol %
ADV |
B'out RS |
Last Close |
Current % off
BOP |
*Gain
at Intraday High |
4/12/2013 |
INSM |
CwH |
7.49 |
7.55 |
2.52 |
96 |
7.55 |
0.80% |
4.41% |
4/11/2013 |
VASC |
CwH |
16.85 |
16.97 |
1.51 |
80 |
17.02 |
1.01% |
1.96% |
4/11/2013 |
ANAC |
CwH |
7.04 |
7.17 |
1.86 |
82 |
6.96 |
−1.14% |
1.85% |
4/10/2013 |
IYZ |
FB |
25.26 |
25.76 |
2.88 |
51 |
25.99 |
2.89% |
3.37% |
4/10/2013 |
AAN |
FB |
28.87 |
28.9 |
1.78 |
42 |
28.75 |
−0.42% |
0.10% |
4/10/2013 |
GBX |
CwH |
22.71 |
23.38 |
2.16 |
89 |
22.81 |
0.44% |
2.99% |
4/8/2013 |
AIG |
FB |
39.58 |
40.09 |
1.55 |
69 |
40.13 |
1.39% |
2.17% |
4/5/2013 |
VCLT |
FB |
91.06 |
91.55 |
2.94 |
38 |
91.88 |
0.90% |
0.98% |
Tables
Breakdowns
During Week Beginning April 8, 2013
|
B'down Date |
Symbol |
Base |
B'down Price |
B'down Day Close |
B'down Vol % ADV |
Last Close |
Gain % at Last Close 2 |
Gain % at Intraday
Low 3 |
4/12/2013 |
GTE |
HS |
5.76 |
5.66 |
68.9 |
5.66 |
1.80% |
2.70% |
4/12/2013 |
FSL |
HS |
14.71 |
14.53 |
43.6 |
14.53 |
1.20% |
2.60% |
4/12/2013 |
FHN |
HS |
10.25 |
10.24 |
97.7 |
10.24 |
0.10% |
0.40% |
4/12/2013 |
SGOL |
FB |
152.4 |
146.67 |
533.2 |
146.67 |
3.90% |
4.00% |
4/12/2013 |
IM |
HS |
18.79 |
18.52 |
328.5 |
18.52 |
1.50% |
1.60% |
4/12/2013 |
LSCC |
HS |
5.25 |
5.23 |
77.8 |
5.23 |
0.40% |
1.90% |
4/12/2013 |
HCBK |
SS |
8.62 |
8.29 |
605.6 |
8.29 |
4.00% |
5.10% |
4/12/2013 |
MTB |
SS |
103.43 |
100.24 |
347 |
100.24 |
3.20% |
3.50% |
4/12/2013 |
GLD |
FB |
149.44 |
143.95 |
532 |
143.95 |
3.80% |
4.00% |
4/12/2013 |
POL |
HS |
23.42 |
22.88 |
107.4 |
22.88 |
2.40% |
2.80% |
4/12/2013 |
USG |
HS |
27.01 |
26.91 |
53.6 |
26.91 |
0.40% |
0.80% |
4/11/2013 |
HPQ |
HS |
22.27 |
20.88 |
184.1 |
20.9 |
6.60% |
8.10% |
4/11/2013 |
PSX |
HS |
63.01 |
62.01 |
136.6 |
60.67 |
3.90% |
6.70% |
4/11/2013 |
ISIL |
HS |
8.34 |
8.14 |
104.1 |
7.99 |
4.40% |
5.20% |
4/10/2013 |
SKM |
HS |
17.64 |
17.47 |
84.5 |
17.05 |
3.50% |
4.30% |
4/10/2013 |
USG |
HS |
27.01 |
26.87 |
129.6 |
26.91 |
0.40% |
0.80% |
4/9/2013 |
QCOR |
HS |
29.4 |
28.74 |
146.3 |
28.26 |
4.00% |
6.90% |
4/9/2013 |
UAL |
HS |
29.75 |
29.29 |
84.5 |
30.28 |
−1.80% |
1.80% |
4/9/2013 |
SAVE |
HS |
25.42 |
25.07 |
53.8 |
26.23 |
−3.10% |
1.50% |
|
New
Features this Week |
Additional Value that we added this week |
No new features this week
|
This
Week's Top Tip |
Tips for getting the most out of our site |
This feature will return when our server issues are
resolved.
|
Market Summary |
Overview of market direction and industry
rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
14865.1 |
2.06% |
13.44% |
Down |
NASDAQ |
3294.95 |
2.84% |
9.12% |
Down |
S&P 500 |
1588.85 |
2.29% |
11.41% |
Down |
Best Performing
Index
|
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
NASDAQ Composite
2.84 % |
Dow Jones
7.05 % |
Russell 2000
14.55 % |
Dow Jones
13.44 % |
Best Performing
Industry (by average technical score over
each period)
|
1
Week |
3 Weeks |
13 Weeks |
26 Weeks |
REIT - Healthcare
Facilities |
REIT - Healthcare Facilities |
Cement |
Cement |
Most Improved
Industry (by change in technical rank2)
|
Beverages -
Wineries & Distillers
+ 117 |
Beverages - Wineries & Distillers
+ 135 |
Electronics Stores
+ 205 |
Electronics Stores
+ 208 |
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.
|
|
Weekly
Breakout Report |
How confirmed breakouts performed this
week |
# of Breakouts
|
Period Average1
|
Max. Gain During Period2
|
Gain at Period Close3
|
This Week |
7 |
13.31 |
1.69% |
0.71% |
Last Week |
17 |
14.54 |
0.94% |
-1.69% |
13 Weeks |
209 |
15.08 |
9.64%
|
2.91% |
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 |
BITA |
Bitauto Hldg Ltd (ADR) |
99 |
Top Technical |
BITA |
Bitauto Hldg Ltd (ADR) |
99 |
Top Fundamental |
WNC |
Wabash National Corporation |
77 |
Top Tech. & Fund. |
LUFK |
Lufkin Industries, Inc. |
35 |
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 |
ANAC |
Anacor Pharmaceuticals Inc |
114 |
Top Technical |
INSM |
Insmed Incorporated |
83 |
Top Fundamental |
VASC |
Vascular Solutions, Inc. |
62 |
Top Tech. & Fund. |
VASC |
Vascular Solutions, Inc. |
62 |
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. |
If you received this newsletter 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 © 2013 NBIcharts, LLC dba BreakoutWatch.com.
All rights reserved.
" BreakoutWatch," the BreakoutWatch.com "eye" logo, and
the slogan "tomorrow's breakouts today" are service marks
of NBIcharts LLC. All other marks are the property of
their respective owners, and are used for descriptive
purposes only.
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.
|