Weekly Newsletter 11/07/14
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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 Composite is trading in a narrow range while it consolidates recent gains. Support is coming from the previous September high, before the sudden increase in volatility. The index set a new post 2000 high while the DJI and S&P 500 made new all-time highs. The US economy continues to improve while the rest of the world deteriorates. It is only a matter of time before this acts as a drag on the US economy also. A break below 4600 would be bearish.
NASDAQ Comp.
 Weekly Breakout Report  

The number of breakouts fell back slightly but gains continued to be considering the market consolidation. Cup and handle stocks again dominated but it is interesting to see some head and shoulder bottom breakouts that were set up by the recent sharp V bottom. because HSB breakouts are lower in their base, they potentially have more upside potential.
 
Breakouts for Week Beginning 11/03/14
Brkout Date Symbol Base Squeeze BrkoutOut Price Brkout Day Close Last Close Current % off BOP Gain at Intraday High
11/05/14 HCKT CwH N 7.10 8.03 7.93 11.69 22.82
11/07/14 DXCM CwH N 44.95 50.93 50.93 13.30 13.3
11/04/14 ARCO HSB N 6.27 6.40 6.75 7.66 10.37
11/07/14 LJPC CwH N 11.25 12.28 12.28 9.16 9.16
11/06/14 FUR CwH N 15.63 16.55 16.95 8.45 8.45
11/05/14 SGY HSB N 21.95 22.03 23.76 8.25 8.25
11/06/14 SCMP CwH N 8.66 9.16 9.25 6.81 6.81
11/06/14 NXTM CwH N 15.42 16.46 16.21 5.12 6.74
11/07/14 WAGE CwH N 57.01 60.46 60.46 6.05 6.05
11/05/14 XNPT CwH N 6.91 6.99 7.29 5.50 5.5
11/04/14 RMTI HSB N 10.09 10.63 10.55 4.56 5.35
11/07/14 AEL CwH N 25.90 27.20 27.2 5.02 5.02
11/07/14 PLOW CwH N 21.02 22.03 22.03 4.80 4.8
11/06/14 PBH CwH N 35.73 37.32 32.79 -8.23 4.45
11/05/14 TSRA CwH N 30.39 30.62 31.56 3.85 3.85
11/07/14 IRM CwH N 36.65 38.05 38.05 3.82 3.82
11/06/14 POZN CwH N 9.17 9.50 9.32 1.64 3.6
11/05/14 CST CwH N 38.25 38.88 39.56 3.42 3.42
11/05/14 EXC CwH N 36.70 37.52 37.77 2.92 2.92
11/06/14 DATA CwH N 82.59 84.29 84.92 2.82 2.82
11/06/14 PCYC CwH N 134.60 137.12 133.49 -0.82 1.87
11/06/14 DKS HSB N 45.66 46.38 46.01 0.77 1.58
11/03/14 DKS HSB N 45.72 45.74 46.01 0.63 1.44
11/05/14 FTR CwH N 6.54 6.58 6.44 -1.53 0.61
11/06/14 QQEW CwH N 41.37 41.60 41.53 0.39 0.56
11/03/14 BRP CwH N 23.39 23.50 23.29 -0.43 0.47
11/05/14 HRC CwH N 44.48 44.48 44.06 -0.94 0.43
11/03/14 RNA CwH N 12.56 12.60 12.14 -3.34 0.32
11/06/14 SGBK CwH N 27.24 27.32 27.18 -0.22 0.29
11/06/14 CDI CwH N 17.39 17.40 17.32 -0.40 0.06
Weekly Average (30 breakouts) 3.36 4.84

 
 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 soon. I start physiotherapy next week and hopefully will gain more movement in my right arm soon.
 
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 17573.9 1.05% 6.02% Up
NASDAQ 4632.53 0.04% 10.92% Up
S&P 500 2031.92 0.69% 9.93% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Dow Jones
1.05 %		 Dow Jones
5.99 %		 NASDAQ Composite
13.77 %		 NASDAQ Composite
10.92 %
 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)
Synthetics
+ 57		 Processing Systems & Products
+ 109		 Processing Systems & Products
+ 149		 Home Health Care
+ 165
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 PACB Pacific Biosciences of California, Inc. 102
Top Technical PACB Pacific Biosciences of California, Inc. 102
Top Fundamental BITA Bitauto Holdings Limited 39
Top Tech. & Fund. BITA Bitauto Holdings Limited 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 FTR Frontier Communications Corporation 89
Top Technical RNA Prosensa Holding N.V. 61
Top Fundamental POZN Pozen, Inc. 75
Top Tech. & Fund. PLOW Douglas Dynamics, 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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