Weekly Newsletter 08/01/14
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Market Summary Weekly Breakout Report Top Breakout Choices Top 2nd Chances New Features Tip of the Week
Prior editions of this newsletter with our valuable Tips of the Week are available here.
 Weekly Commentary  

Our equivolume chart of the NASDAQ shows three distribution days this week. An early rally on Friday in response to positive employment data failed to hold but buyers entered the market in the afternoon as the index fell below its 50 day average. The index closed above its lows for the day although still below the 50 day average.

NASDAQ Composite
 Weekly Breakout Report  

  With the markets in retreat, the number of breakouts fell from 22 last week to 16.

Breakouts for Week Beginning 07/28/14
Brkout Date Symbol Base Squeeze BrkoutOut Price Brkout Day Close Last Close Current % off BOP Gain at Intraday High
07/30/14 ICLR CwH Y 48.50 52.11 51.6 6.39 7.44
07/30/14 HPY CwH N 46.45 49.38 47.51 2.28 6.31
07/28/14 JKS HSB N 26.49 27.51 23.93 -9.66 3.85
07/29/14 MSTR SQZ Y 145.23 150.37 140.21 -3.46 3.54
07/29/14 PEGA CwH Y 22.05 22.51 20.87 -5.35 3.4
07/30/14 PEIX CwH N 18.56 18.81 19.14 3.13 3.12
07/28/14 BCR SQZ Y 148.95 153.13 149.48 0.36 2.81
08/01/14 EXPE CwH N 82.21 84.46 84.46 2.74 2.74
08/01/14 CBM CwH N 22.08 22.60 22.6 2.36 2.36
07/29/14 CVC CwH N 19.13 19.54 19.17 0.21 2.14
07/30/14 FLT SQZ Y 134.34 136.52 130.87 -2.58 1.62
07/30/14 FFIV SQZ Y 114.39 115.67 112.2 -1.91 1.12
07/30/14 NMM CwH Y 19.59 19.75 19.63 0.20 0.82
08/01/14 MCK SQZ Y 194.86 195.43 195.43 0.29 0.29
07/30/14 VNTV CwH N 34.55 34.60 32.96 -4.60 0.14
07/29/14 UIHC SQZ Y 17.46 17.48 14.93 -14.49 0.11
Weekly Average (16 breakouts) -1.51 2.61

 
 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

I damaged my right shoulder mountain biking and have limited movement in my right arm for typing so no top tip this week.
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 16493.4 -2.75% -0.5% Down
NASDAQ 4352.64 -2.18% 4.22% Up
S&P 500 1925.15 -2.69% 4.15% Down
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
NASDAQ Composite
-2.18 %		 NASDAQ Composite
2.34 %		 S&P 500
8 %		 NASDAQ Composite
4.22 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Aluminum Aluminum Toy & Hobby Stores Toy & Hobby Stores
 Most Improved Industry (by change in technical rank2)
Home Health Care
+ 56		 Home Health Care
+ 90		 Home Health Care
+ 164		 Foreign Utilities
+ 213
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 PZE Petrobras Argentina S.A. 104
Top Technical PZE Petrobras Argentina S.A. 104
Top Fundamental FB Facebook, Inc. 38
Top Tech. & Fund. FB Facebook, Inc. 38
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 PEIX Pacific Ethanol, Inc. 65
Top Technical PEIX Pacific Ethanol, Inc. 65
Top Fundamental PEGA Pegasystems Inc. 48
Top Tech. & Fund. EXPE Expedia, Inc. 31
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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