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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 |
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The week began with the markets moving higher on the expectation
that the FOMC would hold interest rates steady. This was
confirmed on Thursday but delivered only a brief respite before
fears emerged that Janet Yellen may yet become the "Grinch" who
stole Christmas. At her press conference, Yellen maintained that
FOMC members are still looking to raise rates before the year
ends. So rate uncertainty remains and the markets tumbled on
Friday on double the average volume ahead of new elections in
Greece to take place on Sunday which could threaten the Eurozone
bailout agreement.
The NASDAQ composite did maintain a slight gain for the week but
our market trend indicators continue to point down.
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Weekly
Breakout Report |
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Volatility Squeeze (SQZ) breakouts again dominated this week with 34
out of 46 breakouts. The cup and handle pattern (CWH) contributed
only 8. There was bne High Tight Flag (HTF) breakout and three Head
and Shoulders Bottoms (HSB).
Breakouts for
Week Beginning 09/14/15 |
Brkout Date |
Symbol |
Base |
Squeeze |
BrkoutOut Price |
Brkout Day Close |
RS Rank* |
Last Close |
Current % off BOP |
Gain at Intraday High |
09/16/15 |
QURE |
SQZ |
Y |
28.16 |
28.85 |
97 |
33.41 |
18.64 |
18.64 |
09/17/15 |
IMGN |
SQZ |
Y |
14.43 |
16.36 |
95 |
14.65 |
1.52 |
13.37 |
09/15/15 |
TRVN |
HTF |
N |
11.94 |
12.12 |
99 |
13.3 |
11.39 |
11.39 |
09/14/15 |
SRPT |
SQZ |
Y |
35.97 |
36.77 |
99 |
39.93 |
11.01 |
11.04 |
09/14/15 |
IPHI |
SQZ |
Y |
23.79 |
24.38 |
95 |
24.64 |
3.57 |
7.15 |
09/18/15 |
VNR |
HSB |
N |
9.23 |
9.86 |
6 |
9.86 |
6.83 |
6.83 |
09/18/15 |
ADHD |
SQZ |
Y |
7.80 |
8.26 |
91 |
8.26 |
5.90 |
5.9 |
09/17/15 |
XNCR |
SQZ |
Y |
18.39 |
19.45 |
93 |
18.69 |
1.63 |
5.76 |
09/17/15 |
HUBS |
CwH |
N |
49.07 |
50.58 |
90 |
51.65 |
5.26 |
5.26 |
09/14/15 |
PATK |
CwH |
N |
44.95 |
47.27 |
96 |
46.51 |
3.47 |
5.16 |
09/15/15 |
LMAT |
SQZ |
Y |
13.60 |
14.06 |
98 |
14.3 |
5.15 |
5.15 |
09/16/15 |
NPTN |
SQZ |
Y |
7.36 |
7.37 |
97 |
7.68 |
4.35 |
4.35 |
09/18/15 |
LDRH |
SQZ |
Y |
39.86 |
41.42 |
85 |
41.42 |
3.91 |
3.91 |
09/16/15 |
BABA |
HSB |
N |
64.91 |
67.23 |
15 |
65.75 |
1.29 |
3.57 |
09/16/15 |
RTEC |
SQZ |
Y |
12.64 |
13.09 |
87 |
12.68 |
0.32 |
3.56 |
09/18/15 |
XON |
SQZ |
Y |
48.46 |
49.91 |
97 |
49.91 |
2.99 |
2.99 |
09/18/15 |
HZNP |
SQZ |
Y |
31.17 |
31.94 |
98 |
31.94 |
2.47 |
2.6 |
09/16/15 |
OWW |
CwH |
N |
11.62 |
11.92 |
87 |
65.75 |
N/A |
2.58 |
09/17/15 |
CVT |
SQZ |
Y |
32.65 |
33.12 |
92 |
33.49 |
2.57 |
2.57 |
09/16/15 |
BAH |
SQZ |
Y |
27.04 |
27.32 |
81 |
27.71 |
2.48 |
2.51 |
09/18/15 |
CEMP |
SQZ |
Y |
37.46 |
38.4 |
98 |
38.4 |
2.51 |
2.51 |
09/18/15 |
PSEM |
CwH |
N |
16.95 |
17.34 |
95 |
17.34 |
2.30 |
2.3 |
09/18/15 |
NPTN |
SQZ |
Y |
7.51 |
7.68 |
97 |
7.68 |
2.26 |
2.26 |
09/18/15 |
BLUE |
SQZ |
Y |
138.04 |
141.14 |
98 |
141.14 |
2.25 |
2.25 |
09/17/15 |
HSKA |
SQZ |
Y |
34.42 |
35.15 |
98 |
34.39 |
-0.09 |
2.12 |
09/18/15 |
LMAT |
SQZ |
Y |
14.04 |
14.3 |
98 |
14.3 |
1.85 |
1.85 |
09/18/15 |
BBW |
SQZ |
Y |
19.93 |
20.26 |
90 |
20.26 |
1.66 |
1.66 |
09/16/15 |
NBIX |
CwH |
N |
54.09 |
54.29 |
99 |
54.9 |
1.50 |
1.55 |
09/17/15 |
BAH |
SQZ |
Y |
27.33 |
27.72 |
80 |
27.71 |
1.39 |
1.43 |
09/17/15 |
LABL |
SQZ |
Y |
67.27 |
68.15 |
91 |
67.64 |
0.55 |
1.31 |
09/17/15 |
TSRO |
CwH |
N |
57.48 |
58.00 |
95 |
58.13 |
1.13 |
1.13 |
09/18/15 |
CVT |
SQZ |
Y |
33.12 |
33.49 |
93 |
33.49 |
1.12 |
1.12 |
09/18/15 |
DYAX |
SQZ |
Y |
24.76 |
24.99 |
97 |
24.99 |
0.93 |
0.93 |
09/17/15 |
KALU |
SQZ |
Y |
84.12 |
84.84 |
82 |
84.29 |
0.20 |
0.86 |
09/18/15 |
CMRX |
SQZ |
Y |
51.03 |
51.41 |
96 |
51.41 |
0.74 |
0.74 |
09/18/15 |
RAS |
HSB |
N |
5.49 |
5.53 |
23 |
5.53 |
0.73 |
0.73 |
09/18/15 |
ADMS |
SQZ |
Y |
20.98 |
21.13 |
84 |
21.13 |
0.71 |
0.71 |
09/18/15 |
KITE |
CwH |
N |
65.56 |
65.94 |
96 |
65.94 |
0.58 |
0.58 |
09/17/15 |
SHEN |
SQZ |
Y |
40.68 |
40.89 |
96 |
39.33 |
-3.32 |
0.52 |
09/18/15 |
RUTH |
SQZ |
Y |
16.59 |
16.67 |
90 |
16.67 |
0.48 |
0.48 |
09/18/15 |
CHUY |
SQZ |
Y |
31.11 |
31.23 |
93 |
31.23 |
0.39 |
0.39 |
09/15/15 |
CYTK |
CwH |
N |
7.76 |
7.76 |
95 |
7.51 |
-3.22 |
0.39 |
09/16/15 |
KYTH |
SQZ |
Y |
74.81 |
74.87 |
98 |
74.92 |
0.15 |
0.15 |
09/18/15 |
MSEX |
SQZ |
Y |
23.17 |
23.2 |
83 |
23.2 |
0.13 |
0.13 |
09/17/15 |
NAVG |
SQZ |
Y |
77.83 |
77.86 |
80 |
76.74 |
-1.40 |
0.04 |
09/18/15 |
TTWO |
SQZ |
Y |
29.52 |
29.53 |
87 |
29.53 |
0.03 |
0.03 |
Weekly Average (46 breakouts) |
2.4 |
3.31 |
*RS Rank on day before breakout. |
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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 |
Use our Trend Indicator Tool on
any Stock Symbol
Did you know you can learn the latest trend of any stock in our
dataabase?
Suppose, for example, you were contemplating taking a position in
QURE, (our top breakout this week) when it appeared on our
Volatility Squeeze watchlist on 9/14, the day before breakout. If
you looked at a 3-month closing price chart, you would have seen a
stock moving sideways, with a possible slight upward trend.
To determine if the trend was really up, you could use our Trend
Reversal Signals tool. As of 9/14 the tool would have shown that
QURE was in an uptrend since 9/10. Armed with this additional
information, you are now better informed.
The Trend Reversal Signals tool is accessed from the Analytical
Tools Menu.
|
Market Summary |
Overview of market direction and industry
rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
16384.6 |
-0.3% |
-8.07% |
Down |
NASDAQ |
4827.23 |
0.1% |
1.93% |
Down |
S&P 500 |
1958.03 |
-0.15% |
-4.9% |
Down |
Best Performing Index
|
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
NASDAQ Composite
0.1 % |
NASDAQ Composite
-5.66 % |
NASDAQ Composite
-3.96 % |
NASDAQ Composite
1.93 % |
Best Performing Industry (by
average technical score over each period)
|
1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
Tobacco Products - Other |
Tobacco Products - Other |
Tobacco Products - Other |
Drugs Wholesale |
Most Improved Industry (by
change in technical rank2)
|
REIT - Healthcare
Facilities
+ 46 |
Long Distance Carriers
+ 94 |
Long Distance Carriers
+ 170 |
Tobacco Products - Other
+ 210 |
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 |
TXMD |
TherapeuticsMD, Inc. |
108 |
Top Technical |
TXMD |
TherapeuticsMD, Inc. |
108 |
Top Fundamental |
PAYC |
Paycom Software, Inc. |
55 |
Top Tech. & Fund. |
PAYC |
Paycom Software, Inc. |
55 |
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 |
PSEM |
Pericom Semiconductor Corporation |
58 |
Top Technical |
PATK |
Patrick Industries, Inc. |
43 |
Top Fundamental |
PATK |
Patrick Industries, Inc. |
43 |
Top Tech. & Fund. |
PATK |
Patrick Industries, Inc. |
43 |
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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