Weekly Newsletter 10/31/14
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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  

The NASDAQ gapped up past its previous 14 year high on Friday following a week that saw the ending of QE, an unexpected rise in Q3 GDP, consumer confidence at its highest levels since 2007 and the adoption by the central bank of Japan of quantitative easing measures, similar to those adopted here. The European Union may also adopt similar measures. The market loved it!

A week ago , I was lamenting the mediocre volume that supported the week's gains, but that concern has vanished now following four days of at or above average volume. Surely we will see some consolidation now after the rapid gains of the last three weeks.
NASDAQ Comp.
 Weekly Breakout Report  

The number of breakouts jumped to 36 with the cup and handle pattern (CWH) dominating the success stories. Only 2 out of the 36 were under water at Friday's close.
 
Breakouts for Week Beginning 10/27/14
Brkout Date Symbol Base Squeeze BrkoutOut Price Brkout Day Close Last Close Current % off BOP Gain at Intraday High
10/30/14 VPRT CwH N 56.90 64.24 66.86 17.50 17.5
10/28/14 GPX CwH N 29.51 29.83 33.16 12.37 12.37
10/28/14 VRTU CwH N 36.83 37.07 40.98 11.27 11.27
10/28/14 SXI CwH N 78.16 80.10 86.25 10.35 10.35
10/30/14 TEDU SQZ Y 12.45 13.2 13.73 10.28 10.28
10/28/14 TAX CwH N 35.26 36.82 37.89 7.46 8.91
10/28/14 PFSW CwH N 10.95 10.98 11.77 7.49 7.49
10/28/14 QLYS CwH N 30.05 30.07 32.08 6.76 6.76
10/28/14 CWT CwH N 24.41 25.00 26.03 6.64 6.64
10/28/14 MOH CwH N 45.74 47.10 48.64 6.34 6.34
10/30/14 CEMP CwH N 12.92 13.69 13.6 5.26 5.96
10/28/14 PCCC SQZ Y 22.64 23.93 23.85 5.34 5.7
10/27/14 FRGI SQZ Y 52.36 52.73 55.15 5.33 5.33
10/28/14 ELLI CwH N 37.46 38.49 38.38 2.46 4.89
10/30/14 AVNR SQZ Y 12.59 13.2 12.94 2.78 4.85
10/27/14 HCC CwH N 49.86 50.37 52.19 4.67 4.67
10/28/14 SKH SQZ Y 6.70 6.71 6.93 3.43 3.43
10/31/14 PZE SQZ Y 6.53 6.75 6.75 3.37 3.37
10/31/14 MOH CwH N 47.10 48.64 48.64 3.27 3.27
10/28/14 SEP CwH N 54.13 55.74 54 -0.24 2.97
10/31/14 GLL CwH N 101.00 103.75 103.75 2.72 2.72
10/28/14 ABCB CwH N 24.20 24.49 24.8 2.48 2.48
10/31/14 DMND SQZ Y 29.42 30.15 30.15 2.48 2.48
10/28/14 DXCM CwH N 44.08 44.16 44.95 1.97 1.97
10/30/14 TTPH HTF N 24.71 25.19 23.9 -3.28 1.94
10/28/14 TXRH CwH N 28.32 28.87 28.87 1.94 1.94
10/28/14 KNL CwH N 19.52 19.54 19.89 1.90 1.9
10/31/14 XNCR CwH N 10.60 10.79 10.79 1.79 1.79
10/30/14 MRH CwH N 32.60 32.97 33.14 1.66 1.66
10/31/14 IART SQZ Y 50.44 51.11 51.11 1.33 1.33
10/28/14 KAI DB N 41.30 41.58 41.34 0.10 1.04
10/28/14 HPP CwH N 27.27 27.51 27.31 0.15 0.88
10/31/14 CUZ CwH N 12.91 13.01 13.01 0.77 0.77
10/31/14 IRM CwH N 35.85 36.07 36.07 0.61 0.61
10/29/14 LHCG SQZ Y 24.42 24.49 24.35 -0.29 0.29
10/31/14 ANGO CwH N 17.00 17.00 17 0.00 0
Weekly Average (36 breakouts) 4.12 4.62

 
 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 when I again have full use of my right arm. Hopefully in two weeks at the most.
 
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 17390.5 3.48% 4.91% Up
NASDAQ 4630.74 3.28% 10.87% Up
S&P 500 2018.05 2.72% 9.18% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Dow Jones
3.48 %		 NASDAQ Composite
6.39 %		 NASDAQ Composite
12.29 %		 NASDAQ Composite
10.87 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Toy & Hobby Stores Toy & Hobby Stores Aluminum Drugs Wholesale
 Most Improved Industry (by change in technical rank2)
Photographic Equipment & Supplies
+ 113		 Processing Systems & Products
+ 107		 Photographic Equipment & Supplies
+ 151		 Home Health Care
+ 181
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 SPCB SuperCom, Ltd. 77
Top Technical SPCB SuperCom, Ltd. 77
Top Fundamental AFH Atlas Financial Holdings, Inc. 39
Top Tech. & Fund. AFH Atlas Financial Holdings, Inc. 39
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 HPP Hudson Pacific Properties, Inc. 42
Top Technical GLL ProShares UltraShort Gold (ETF) 0
Top Fundamental TXRH Texas Roadhouse, Inc. 24
Top Tech. & Fund. TXRH Texas Roadhouse, Inc. 24
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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