| Market Summary | Weekly Breakout Report | Top Breakout Choices | Top 2nd Chances | New Features | Tip of the Week |
We are back in the US but delays in getting broadband service installed has prevented us following the markets closely so the weekly commentary will be back next week.
I have had time to program a new tool requested by a subscriber, however. This subscriber wants to identify stocks that have just reached the Relative Strength rank of 92. It may be that by investing in these stocks as they reach the RS 92 level rather than waiting for a breakout, one comes to the party earlier and makes more profit.
I haven't had time to research this hypothesis but hope to do so in the coming week and report finding in next week's newsletter.
You can access the tool like this:
This feature will return next week with an analysis of the performance of high RS rank stocks.
| Index | Value | Change Week | Change YTD | Trend | ||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dow | 15425.5 | -1.49% | 17.72% | Up | ||||||||||||||||||||||||||||||||||||
| NASDAQ | 3660.11 | -0.8% | 21.22% | Up | ||||||||||||||||||||||||||||||||||||
| S&P 500 | 1691.42 | -1.07% | 18.6% | Up | ||||||||||||||||||||||||||||||||||||
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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|
# of Breakouts
|
Period Average1
|
Max. Gain During Period2
|
Gain at Period Close3
|
|
|---|---|---|---|---|
| This Week | 7 | 9.62 | 10.53% | 9.36% |
| Last Week | 14 | 10.15 | 8.97% | 1.83% |
| 13 Weeks | 122 | 10.69 | 18.08% |
8.6% |
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.
|
Category
|
Symbol
|
Company Name
|
Expected Gain1
|
|---|---|---|---|
| Best Overall | PZZI | Pizza Inn, Inc. | 108 |
| Top Technical | PZZI | Pizza Inn, Inc. | 108 |
| Top Fundamental | BX | The Blackstone Group L.P. | 50 |
| Top Tech. & Fund. | EPL | EPL Oil & Gas Inc | 48 |
|
Category
|
Symbol
|
Company Name
|
Expected Gain1
|
|---|---|---|---|
| Best Overall | PKD | Parker Drilling Company | 118 |
| Top Technical | ASPS | Altisource Portfolio Solutions S.A. | 43 |
| Top Fundamental | AHS | AMN Healthcare Services, Inc. | 73 |
| Top Tech. & Fund. | AHS | AMN Healthcare Services, Inc. | 73 |
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