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 |
|
We
wish our subscribers and readers a safe and happy Memorial Day
weekend.
The NASDAQ rally has continued and our trend indicators for the
major indexes are no all aligned upwards.
|
Weekly
Breakout Report |
|
With the NASDAQ Composite now in an upward trend, the
number of breakouts increased significantly. Of 29 breakouts, only 4
closed below their breakout price at week's end. Cup-with-handle
stocks that were in a squeeze situation once again led the
pack. I really can't emphasize enough how valuable the squeeze is.
Breakouts for
Week Beginning 05/19/14 |
Brkout Date |
Symbol |
Base |
Squeeze |
BrkoutOut Price |
Brkout Day Close |
Last Close |
Current % off BOP |
Gain at Intraday High |
05/19/14 |
ITMN |
CwH |
Y |
36.71 |
38.92 |
39.98 |
8.91 |
8.91 |
05/22/14 |
MMYT |
SQZ |
Y |
25.19 |
25.68 |
27.02 |
7.26 |
7.26 |
05/21/14 |
PCYG |
CwH |
Y |
11.29 |
11.57 |
11.97 |
6.02 |
6.02 |
05/22/14 |
UEIC |
CwH |
Y |
41.69 |
43.85 |
43.86 |
5.21 |
5.21 |
05/22/14 |
FLEX |
CwH |
Y |
9.76 |
10.04 |
10.19 |
4.41 |
4.41 |
05/19/14 |
JBSS |
CwH |
N |
25.97 |
27.09 |
25.67 |
-1.16 |
4.31 |
05/21/14 |
LYV |
CwH |
N |
23.30 |
23.69 |
24.25 |
4.08 |
4.08 |
05/21/14 |
HT |
CwH |
Y |
6.18 |
6.34 |
6.38 |
3.24 |
3.88 |
05/22/14 |
CDZI |
CwH |
N |
8.20 |
8.48 |
8.46 |
3.17 |
3.41 |
05/23/14 |
SINA |
HSB |
Y |
45.01 |
46.53 |
46.53 |
3.38 |
3.38 |
05/21/14 |
WSTC |
SQZ |
Y |
25.62 |
25.72 |
26.43 |
3.16 |
3.16 |
05/21/14 |
RAI |
CwH |
Y |
58.22 |
59.77 |
58.45 |
0.40 |
2.66 |
05/19/14 |
IDTI |
CwH |
Y |
12.50 |
12.59 |
12.73 |
1.84 |
1.84 |
05/21/14 |
IPG |
SQZ |
Y |
18.23 |
18.24 |
18.56 |
1.81 |
1.81 |
05/23/14 |
TEP |
CwH |
Y |
37.33 |
37.98 |
37.98 |
1.74 |
1.74 |
05/21/14 |
IDIX |
SQZ |
Y |
6.35 |
6.35 |
6.46 |
1.73 |
1.73 |
05/23/14 |
UEPS |
CwH |
Y |
10.91 |
11.09 |
11.09 |
1.65 |
1.65 |
05/23/14 |
INTU |
SQZ |
Y |
78.42 |
79.59 |
79.59 |
1.49 |
1.49 |
05/19/14 |
TDG |
CwH |
N |
185.00 |
186.64 |
186.34 |
0.72 |
1.37 |
05/19/14 |
MOH |
CwH |
Y |
41.95 |
42.43 |
41.63 |
-0.76 |
1.14 |
05/23/14 |
CVCO |
SQZ |
Y |
77.89 |
78.75 |
78.75 |
1.10 |
1.1 |
05/19/14 |
GRFS |
CwH |
N |
41.84 |
42.12 |
41.16 |
-1.63 |
1.05 |
05/23/14 |
DRTX |
CwH |
N |
16.72 |
16.89 |
16.89 |
1.02 |
1.02 |
05/23/14 |
IDCC |
SQZ |
Y |
37.36 |
37.71 |
37.71 |
0.94 |
0.94 |
05/23/14 |
KTOS |
SQZ |
Y |
8.11 |
8.17 |
8.17 |
0.74 |
0.74 |
05/21/14 |
MMI |
CwH |
N |
18.91 |
18.99 |
18.92 |
0.05 |
0.42 |
05/19/14 |
UNS |
CwH |
Y |
60.37 |
60.52 |
60.58 |
0.35 |
0.35 |
05/19/14 |
TWTC |
SQZ |
Y |
32.71 |
32.73 |
32.54 |
-0.52 |
0.06 |
05/23/14 |
AON |
SQZ |
Y |
88.42 |
88.43 |
88.43 |
0.01 |
0.01 |
Weekly Average (29 breakouts) |
2.08 |
2.59 |
|
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 next week.
|
Market Summary |
Overview of market direction and industry
rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
16606.3 |
0.7% |
0.18% |
Up |
NASDAQ |
4185.81 |
2.33% |
0.22% |
Up |
S&P 500 |
1900.53 |
1.21% |
2.82% |
Up |
Best Performing Index
|
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
NASDAQ Composite
2.33 % |
S&P 500
3.5 % |
S&P 500
5.31 % |
S&P 500
2.82 % |
Best Performing Industry (by
average technical score over each period)
|
1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
Toy & Hobby Stores |
Toy & Hobby Stores |
Toy & Hobby Stores |
Toy & Hobby Stores |
Most Improved Industry (by
change in technical rank2)
|
Computers Wholesale
+ 34 |
Health Care Plans
+ 70 |
Foreign Utilities
+ 198 |
REIT - Residential
+ 192 |
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.
|
|
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 |
CHTP |
Chelsea Therapeutics International, Ltd. |
98 |
Top Technical |
CHTP |
Chelsea Therapeutics International, Ltd. |
98 |
Top Fundamental |
TPLM |
Triangle Petroleum Corporation |
71 |
Top Tech. & Fund. |
CSCD |
Cascade Microtech, Inc. |
62 |
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 |
CDZI |
Cadiz, Inc. |
95 |
Top Technical |
DRTX |
Durata Therapeutics, Inc. |
63 |
Top Fundamental |
TDG |
Transdigm Group Incorporated |
37 |
Top Tech. & Fund. |
TDG |
Transdigm Group Incorporated |
37 |
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 © 2014 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.
|