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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.
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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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i am recovering from surgery on my right shoulder and have limited
keyboard skills so the newsletter will be brief until i get some
right hand functionality back.
The nasdaq composite dropped below the 50 day average on Wednesday
but showed signs of recovery on Thursday by closing well
above its intraday low. The recovery continued on Friday following
positive employment figures. The 50 day average now constitutes a
resistance level so breakthrough of that level would be bullish.
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Weekly
Breakout Report |
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Our trend indexes are pointing down so it is somewhat
surprising to see so many breakouts this week.
Breakouts for
Week Beginning 09/29/14 |
Brkout Date |
Symbol |
Base |
Squeeze |
BrkoutOut Price |
Brkout Day Close |
Last Close |
Current % off BOP |
Gain at Intraday High |
10/02/14 |
CBAY |
CwH |
N |
7.44 |
7.95 |
8.64 |
16.13 |
27.96 |
10/01/14 |
TKMR |
CwH |
N |
24.30 |
24.99 |
29.53 |
21.52 |
23.17 |
10/01/14 |
LAKE |
CwH |
N |
7.64 |
9.01 |
8.7 |
13.87 |
17.93 |
10/01/14 |
FLWS |
CwH |
N |
7.41 |
7.64 |
8.23 |
11.07 |
14.3 |
09/30/14 |
AGQ |
HTF |
N |
55.74 |
62.60 |
44.87 |
-19.50 |
12.31 |
10/03/14 |
RENT |
CwH |
N |
61.84 |
65.49 |
65.49 |
5.90 |
6.95 |
10/03/14 |
LOGM |
CwH |
N |
47.84 |
48.25 |
48.25 |
0.86 |
5.23 |
09/29/14 |
DTSI |
CwH |
N |
25.07 |
25.14 |
26.05 |
3.91 |
5.07 |
09/29/14 |
PFSW |
CwH |
N |
10.63 |
10.67 |
10.85 |
2.07 |
4.66 |
10/03/14 |
COV |
CwH |
N |
91.66 |
93.89 |
93.89 |
2.43 |
3.96 |
10/03/14 |
BABY |
SQZ |
Y |
30.19 |
31.01 |
31.01 |
2.72 |
3.28 |
10/03/14 |
EAT |
CwH |
N |
51.77 |
53.00 |
53 |
2.38 |
2.82 |
10/03/14 |
PPC |
CwH |
N |
32.27 |
32.68 |
32.68 |
1.27 |
2.42 |
09/30/14 |
MLNX |
CwH |
N |
44.15 |
44.87 |
43.58 |
-1.29 |
1.63 |
10/03/14 |
CRL |
CwH |
N |
61.20 |
61.36 |
61.36 |
0.26 |
1.31 |
09/30/14 |
KO |
SQZ |
Y |
42.55 |
42.66 |
43 |
1.06 |
1.22 |
10/03/14 |
KSU |
CwH |
N |
121.86 |
122.03 |
122.03 |
0.14 |
0.89 |
10/03/14 |
BAC |
CwH |
N |
17.18 |
17.29 |
17.29 |
0.64 |
0.7 |
10/01/14 |
RGEN |
SQZ |
Y |
20.71 |
20.8 |
20.78 |
0.34 |
0.63 |
10/03/14 |
NIO |
CwH |
N |
14.33 |
14.38 |
14.38 |
0.35 |
0.35 |
Weekly Average (20 breakouts) |
3.31 |
6.84 |
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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 when i have recovered from surgery.
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Market Summary |
Overview of market direction and industry
rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
17009.7 |
-0.6% |
2.61% |
Down |
NASDAQ |
4475.62 |
-0.81% |
7.16% |
Down |
S&P 500 |
1967.9 |
-0.75% |
6.47% |
Down |
Best Performing Index
|
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
Dow Jones
-0.6 % |
NASDAQ Composite
0.54 % |
NASDAQ Composite
8.43 % |
NASDAQ Composite
7.16 % |
Best Performing Industry (by
average technical score over each period)
|
1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
Drugs Wholesale |
Aluminum |
Aluminum |
Aluminum |
Most Improved Industry (by
change in technical rank2)
|
Wholesale - Other
+ 0 |
Wholesale - Other
+ 0 |
Wholesale - Other
+ 0 |
Wholesale - Other
+ 0 |
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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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 |
HPJ |
Highpower International Inc |
97 |
Top Technical |
HPJ |
Highpower International Inc |
97 |
Top Fundamental |
MEOH |
Methanex Corporation |
20 |
Top Tech. & Fund. |
MEOH |
Methanex Corporation |
20 |
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 |
PFSW |
PFSweb, Inc. |
55 |
Top Technical |
PFSW |
PFSweb, Inc. |
55 |
Top Fundamental |
KSU |
Kansas City Southern |
0 |
Top Tech. & Fund. |
LOGM |
LogMein, Inc. |
0 |
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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