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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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After starting the week with a downward move, the NASDAQ
Composite moved sharply higher on Thursday and comfortably
outperformed the two other major indexes overall. Thursdays move
followed falling CPI and PPI figures which fueled speculation that
the Fed will hold off raising rates a while longer. This implies
that US markets will continue to move higher due to continued low
borrowing costs for speculators and negligible returns in other
asset classes.
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Weekly
Breakout Report |
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The downward trend in the first three days of the week held back the
number of breakouts to 45 for the week. Volatility Squeeze stocks
continued to be in the majority contributing 24 to the total
while cup and handle breakouts
contributed 20.
Breakouts for
Week Beginning 10/12/15 |
Brkout Date |
Symbol |
Base |
Squeeze |
BrkoutOut Price |
Brkout Day Close |
RS Rank* |
Last Close |
Current % off BOP |
Gain at Intraday High |
10/14/15 |
MXIM |
CwH |
N |
35.44 |
38.33 |
87 |
39.74 |
12.13 |
13.01 |
10/15/15 |
BSQR |
CwH |
N |
7.85 |
8.20 |
98 |
8.47 |
7.90 |
11.46 |
10/15/15 |
VRTU |
SQZ |
Y |
52.42 |
55.49 |
94 |
56.99 |
8.72 |
10 |
10/15/15 |
IPHI |
CwH |
N |
26.43 |
27.88 |
98 |
28.75 |
8.78 |
9.99 |
10/12/15 |
NHTC |
CwH |
N |
37.76 |
39.86 |
99 |
37.32 |
-1.17 |
9.75 |
10/12/15 |
CISG |
SQZ |
Y |
8.69 |
8.78 |
94 |
8.88 |
2.19 |
6.9 |
10/14/15 |
RNG |
SQZ |
Y |
18.67 |
18.85 |
94 |
19.58 |
4.87 |
6.48 |
10/15/15 |
WNS |
CwH |
N |
30.89 |
32.00 |
95 |
31.54 |
2.10 |
5.54 |
10/15/15 |
RNG |
SQZ |
Y |
18.87 |
19.71 |
95 |
19.58 |
3.76 |
5.35 |
10/12/15 |
ALGT |
SQZ |
Y |
217.92 |
227.86 |
97 |
214.75 |
-1.45 |
4.99 |
10/12/15 |
DAL |
SQZ |
Y |
47.24 |
48.5 |
90 |
49.12 |
3.98 |
4.74 |
10/16/15 |
DATE |
SQZ |
Y |
6.44 |
6.52 |
90 |
6.52 |
1.24 |
4.66 |
10/16/15 |
TNK |
CwH |
N |
7.95 |
8.23 |
97 |
8.23 |
3.52 |
4.65 |
10/15/15 |
FDEF |
SQZ |
Y |
36.54 |
37.85 |
86 |
38.04 |
4.11 |
4.63 |
10/15/15 |
MSCC |
CwH |
N |
36.07 |
36.52 |
93 |
37.36 |
3.58 |
4.46 |
10/15/15 |
PFSW |
CwH |
N |
14.89 |
15.15 |
93 |
15.05 |
1.07 |
4.16 |
10/15/15 |
NXPI |
SQZ |
Y |
91.41 |
94.09 |
87 |
93.22 |
1.98 |
4.1 |
10/15/15 |
MSG |
HTF |
N |
178.00 |
182.69 |
99 |
177.08 |
-0.52 |
3.65 |
10/16/15 |
GE |
CwH |
N |
28.20 |
28.98 |
85 |
28.98 |
2.77 |
3.51 |
10/15/15 |
FSL |
SQZ |
Y |
38.11 |
39.13 |
97 |
38.82 |
1.86 |
3.44 |
10/13/15 |
CLGX |
CwH |
N |
39.54 |
40.00 |
88 |
40.74 |
3.03 |
3.21 |
10/14/15 |
CEVA |
CwH |
N |
22.39 |
22.67 |
94 |
22.77 |
1.70 |
3.17 |
10/15/15 |
OMAB |
SQZ |
Y |
40.73 |
41.83 |
81 |
41.17 |
1.08 |
3.12 |
10/16/15 |
MANH |
SQZ |
Y |
65.80 |
67.56 |
96 |
67.56 |
2.67 |
3.02 |
10/15/15 |
CVRR |
CwH |
N |
20.87 |
20.93 |
93 |
21.28 |
1.96 |
3.02 |
10/13/15 |
PZZA |
SQZ |
Y |
69.80 |
70.35 |
89 |
68.28 |
-2.18 |
2.77 |
10/16/15 |
ELNK |
SQZ |
Y |
8.10 |
8.32 |
98 |
8.32 |
2.72 |
2.72 |
10/14/15 |
MVG |
CwH |
N |
8.14 |
8.35 |
83 |
8 |
-1.72 |
2.58 |
10/16/15 |
IBKR |
SQZ |
Y |
38.51 |
39.38 |
90 |
39.38 |
2.26 |
2.47 |
10/16/15 |
HCKT |
SQZ |
Y |
14.26 |
14.52 |
98 |
14.52 |
1.82 |
2.31 |
10/15/15 |
SPNS |
SQZ |
Y |
11.30 |
11.39 |
96 |
11.45 |
1.33 |
2.3 |
10/13/15 |
SSNI |
CwH |
N |
14.72 |
14.74 |
98 |
14.22 |
-3.40 |
1.9 |
10/15/15 |
MPWR |
CwH |
N |
56.60 |
57.17 |
95 |
56.95 |
0.62 |
1.89 |
10/15/15 |
MCD |
CwH |
N |
103.47 |
103.66 |
85 |
104.82 |
1.30 |
1.67 |
10/16/15 |
PETS |
SQZ |
Y |
16.26 |
16.47 |
80 |
16.47 |
1.29 |
1.66 |
10/16/15 |
MKL |
SQZ |
Y |
822.19 |
830.95 |
82 |
830.95 |
1.07 |
1.59 |
10/15/15 |
NAVG |
CwH |
N |
83.24 |
83.84 |
86 |
83.66 |
0.50 |
1.44 |
10/15/15 |
ALDW |
SQZ |
Y |
24.39 |
24.58 |
98 |
24.32 |
-0.29 |
1.23 |
10/15/15 |
ORI |
CwH |
N |
16.65 |
16.66 |
87 |
16.76 |
0.66 |
1.14 |
10/15/15 |
ERI |
SQZ |
Y |
9.40 |
9.41 |
98 |
9.41 |
0.11 |
0.96 |
10/16/15 |
FDEF |
SQZ |
Y |
37.89 |
38.04 |
88 |
38.04 |
0.40 |
0.9 |
10/16/15 |
MKTX |
SQZ |
Y |
96.50 |
96.73 |
91 |
96.73 |
0.24 |
0.84 |
10/14/15 |
ALTR |
CwH |
N |
52.54 |
52.72 |
96 |
52.73 |
0.36 |
0.67 |
10/16/15 |
CALM |
CwH |
N |
60.10 |
60.40 |
95 |
60.4 |
0.50 |
0.57 |
10/16/15 |
UFCS |
SQZ |
Y |
35.44 |
35.52 |
86 |
35.52 |
0.23 |
0.45 |
Weekly Average (45 breakouts) |
1.99 |
3.85 |
*RS Rank on day before breakout. |
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New
Features this Week |
Additional Value that we added this week |
New Report Formats
The majority of the information on our site is presented in
tabular form. This presents challenges if viewing the data
on tablets or smartphones, whose use is increasingly prevalent.
Consequently have begun the process of modifying the
tables so that they can be viewed in a
"responsive" way. "Responsive" is a term of art that refers to
tables that automatically adjust their width and structure so thay
can be viewed on different sized viewports.
You will notice these changes first on the Watchlists and Recent
Breakouts reports and they will be extended to all other tables in
the coming days and weeks.
A nice feature of teh new formats is that you can adjust the
number of rows displayed on a "page" and also search the
table for stocks, industries, companies etc.
The new formats have been tested on Firefox and Chrome. They may
or may not function correctly on IE. If not, please use
either Firefox or Chrome as your preferred browser.
|
This Week's Top
Tip |
Tips for getting the most out of our site |
Viewing
Collapsed Responsive Tables
Depending on the width of the viewport in your
browser, tablet or phone, you may find that the new table formats
are collapsed, meaning that some columns are not immediately
viewable. For example, if you may find the watchlists shown as
follows:
Clicking the + icon reveals the hidden column data
|
Market Summary |
Overview of market direction and industry
rotation |
Index |
Value |
Change Week |
Change YTD |
Trend |
Dow |
17216 |
0.77% |
-3.41% |
Up |
NASDAQ |
4886.69 |
1.16% |
3.18% |
Up |
S&P 500 |
2033.11 |
0.9% |
-1.25% |
Up |
Best Performing Index
|
1 Week |
13 Weeks |
26 Weeks |
Year-to-Date |
NASDAQ Composite
1.16 % |
S&P 500
-6.21 % |
NASDAQ Composite
-0.91 % |
NASDAQ Composite
3.18 % |
Best Performing Industry (by
average technical score over each period)
|
1 Week |
3 Weeks |
13 Weeks |
26 Weeks |
Music & Video Stores |
Music & Video Stores |
Tobacco Products - Other |
Music & Video Stores |
Most Improved Industry (by
change in technical rank2)
|
Entertainment -
Diversified
+ 65 |
Cement
+ 105 |
Drug Related Products
+ 171 |
Tobacco Products - Other
+ 188 |
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 |
ACFC |
Atlantic Coast Financial Corporation |
101 |
Top Technical |
ACFC |
Atlantic Coast Financial Corporation |
101 |
Top Fundamental |
ASC |
Ardmore Shipping Corporation |
69 |
Top Tech. & Fund. |
NHTC |
Natural Health Trends Corp. |
60 |
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 |
TNK |
Teekay Tankers Ltd. |
105 |
Top Technical |
NHTC |
Natural Health Trends Corp. |
58 |
Top Fundamental |
NHTC |
Natural Health Trends Corp. |
58 |
Top Tech. & Fund. |
NHTC |
Natural Health Trends Corp. |
58 |
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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