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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 |
|
I am still nursing a stiff right arm
so commentary is again limited this week.
The NASDAQ gapped down at Friday's open but a short rally could
not be sustained and the index closed below its 200 day moving
average and was 7% off its recent high. The high volatility of
recent days is good for day traders but not for swing or medium
term investors,. Although there will be profitable breakouts, they
will be hard to pick and its best to stay on the sidelines until a
recovery begins.
|
Weekly
Breakout Report |
|
Breakouts for
Week Beginning 10/06/14 |
Brkout Date |
Symbol |
Base |
Squeeze |
BrkoutOut Price |
Brkout Day Close |
Last Close |
Current % off BOP |
Gain at Intraday High |
10/08/14 |
TWM |
HSB |
Y |
55.40 |
59.80 |
63.58 |
14.77 |
14.77 |
10/09/14 |
RENT |
CwH |
N |
66.75 |
72.07 |
71.84 |
7.63 |
7.97 |
10/07/14 |
LPSN |
CwH |
N |
13.19 |
13.25 |
13.73 |
4.09 |
5.08 |
10/08/14 |
RDUS |
HTF |
N |
22.24 |
23.31 |
20.7 |
-6.92 |
4.81 |
10/09/14 |
AUXL |
CwH |
N |
31.18 |
32.44 |
31.77 |
1.89 |
4.04 |
10/10/14 |
TWM |
CwH |
N |
61.56 |
63.58 |
63.58 |
3.28 |
3.28 |
10/06/14 |
BCR |
DB |
N |
147.23 |
149.24 |
149.89 |
1.81 |
2.89 |
10/08/14 |
SAFT |
SQZ |
Y |
55.39 |
55.94 |
56.8 |
2.55 |
2.55 |
10/08/14 |
MNST |
SQZ |
Y |
94.63 |
96.47 |
94.84 |
0.22 |
1.94 |
10/10/14 |
INFY |
CwH |
N |
61.75 |
62.82 |
62.82 |
1.73 |
1.73 |
10/07/14 |
CF |
CwH |
N |
279.22 |
282.76 |
266.11 |
-4.70 |
1.27 |
10/08/14 |
PETS |
HSB |
N |
13.29 |
13.43 |
13.02 |
-2.03 |
1.05 |
10/08/14 |
LYV |
CwH |
N |
24.48 |
24.68 |
22.79 |
-6.90 |
0.82 |
10/10/14 |
ROST |
CwH |
Y |
76.97 |
77.53 |
77.53 |
0.73 |
0.73 |
10/08/14 |
DTE |
CwH |
N |
78.83 |
79.10 |
78.73 |
-0.13 |
0.34 |
10/09/14 |
CBOE |
CwH |
N |
55.81 |
55.90 |
55.62 |
-0.34 |
0.16 |
10/09/14 |
GIL |
SQZ |
Y |
55.90 |
55.94 |
55.98 |
0.14 |
0.14 |
10/10/14 |
GPX |
CwH |
N |
29.17 |
29.18 |
29.18 |
0.03 |
0.03 |
Weekly Average (18 breakouts) |
0.99 |
2.98 |
|
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 |
Nothing to add this week.
|
Market Summary |
Overview of market direction and industry
rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
16544.1 |
-2.74% |
-0.2% |
Down |
NASDAQ |
4276.24 |
-4.45% |
2.39% |
Down |
S&P 500 |
1906.13 |
-3.14% |
3.13% |
Down |
Best Performing Index
|
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
S&P 500
1947.62 % |
Dow Jones
-3.15 % |
NASDAQ Composite
6.91 % |
S&P 500
3.13 % |
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)
|
Foreign Utilities
+ 62 |
Beverages - Wineries & Distillers
+ 79 |
Personal Services
+ 121 |
Home Health Care
+ 184 |
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 |
HPJ |
Highpower International Inc |
102 |
Top Technical |
HPJ |
Highpower International Inc |
102 |
Top Fundamental |
SXI |
Standex International Corporation |
21 |
Top Tech. & Fund. |
SXI |
Standex International Corporation |
21 |
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 |
LYV |
Live Nation Entertainment, Inc. |
43 |
Top Technical |
LPSN |
LivePerson, Inc. |
42 |
Top Fundamental |
GPX |
GP Strategies Corporation |
0 |
Top Tech. & Fund. |
GPX |
GP Strategies Corporation |
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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