Breakoutwatch Weekly Summary 10/30/2023
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Market Summary
Tech giants announce mixed results
The major U.S. stock benchmarks finished lower for a second straight week, as market sentiment was dented by mixed corporate earnings reports and concerns about higher interest rates—highlighted by the yield on the benchmark 10-year U.S. Treasury note briefly breaching the 5% level for the first time in 16 years. [more...]
Major Index Performance
| Dow Jones
|
| Last Close
| |
| Wk. Gain
| NAN % |
| Yr. Gain
| NAN % |
| Trend
| Down |
|
| S&P 500
|
| Last Close
| |
| Wk. Gain
| NAN % |
| Yr. Gain
| NAN % |
| Trend
| Down |
|
| NASDAQ Comp.
|
| Last Close
| |
| Wk. Gain
| NAN % |
| Yr. Gain
| NAN % |
| Trend
| Down |
|
| Russell 2000
|
| Last Close
| |
| Wk. Gain
| NAN % |
| Yr. Gain
| NAN % |
| Trend
| Down |
|
Performance by Sector
| Sector |
Wk. Change % |
Yr. Change % |
Trend |
| Consumer Discretionary |
-0.87 |
15.3 |
Down |
| Consumer Staples |
-0.71 |
-8.21 |
Down |
| Energy |
-5.04 |
-0.52 |
Down |
| Finance |
-1.97 |
-7.83 |
Down |
| Health Care |
-3.73 |
-9.89 |
Down |
| Industrials |
-2.32 |
0.85 |
Down |
| Technology |
-1.42 |
26.87 |
Down |
| Materials |
0.22 |
-3.89 |
Down |
| REIT |
-0.67 |
-13.62 |
Down |
| Telecom |
-4.95 |
24.03 |
Down |
| Utilities |
1.87 |
-18.24 |
Up |
Breakouts This Week Still Within 5% of Breakout Price (Limit 20 top C Score)
| Watchlist |
Symbol |
Company |
Industry |
C Score* |
% Gain |
| CWH |
INSW |
International Seaways, Inc. |
Software - Application |
79 % |
4.8 % |
| SQZ |
DAKT |
Daktronics, Inc. |
Electronic Components |
78.3 % |
4.5 % |
| SQZ |
OLLI |
N/A |
Discount Stores |
75 % |
0.1 % |
| DB |
TCOM |
Trip.com Group Limited |
Travel Services |
74.4 % |
1.5 % |
| SQZ |
TWNK |
Hostess Brands, Inc. |
Packaged Foods |
71.6 % |
0.1 % |
| SQZ |
LWAY |
Lifeway Foods, Inc. |
Packaged Foods |
69.1 % |
2.5 % |
| SQZ |
SAP |
SAP SE ADS |
Software - Application |
69 % |
0.1 % |
| SQZ |
COOP |
Mr. Cooper Group Inc. |
Mortgage Finance |
66.6 % |
2.2 % |
| SQZ |
SPOT |
Spotify Technology S.A. O |
Health Information Services |
65.5 % |
0.6 % |
| SQZ |
VRTV |
Veritiv Corporation |
Conglomerates |
64.1 % |
0.2 % |
| CWH |
GPS |
Gap, Inc. |
Apparel Retail |
63.3 % |
0.6 % |
| *C score is our assessment of a Stock's correlation to CAN SLIM principles. It combines a stock's Technical and Fundamental merits and is expressed as a percentage. |
Breakdowns within 5% of Breakdown Price
| Watchlist |
Symbol |
Company |
Industry |
C Score* |
% Loss |
| SS |
VRT |
Vertiv Holdings, LLC Class A |
Software - Infrastructure |
83 % |
-2.3 % |
| SS |
MDWT |
Midwest Holding Inc. |
Insurance - Life |
79.7 % |
-0.8 % |
| SS |
FCNCA |
First Citizens BancShares, Inc. |
Banks - Regional |
79 % |
-1.3 % |
| SS |
NFLX |
Netflix, Inc. |
Entertainment |
73.9 % |
-2.2 % |
| SS |
MSI |
Motorola Solutions, Inc. |
Communication Equipment |
69.1 % |
-3 % |
| SS |
BAH |
Booz Allen Hamilton Holding Corporation |
Consulting Services |
61.4 % |
-0.3 % |
| SS |
REPX |
Riley Exploration Permian, Inc. |
Biotechnology |
59.7 % |
-3.2 % |
| SS |
MG |
Mistras Group Inc |
Asset Management |
53.7 % |
-0.2 % |
| *C score is our assessment of a Stock's correlation to CAN SLIM principles. It combines a stock's Technical and Fundamental merits and is expressed as a percentage. |
Cup and Handle Chart of the Week
Aug. 16, 2023 /PRNewswire/ -- IDEAYA Biosciences, Inc. (Nasdaq: IDYA), a precision medicine oncology company committed to the discovery and development of targeted therapeutics, announced the achievement of First-Patient-In for the company-sponsored Phase 2 clinical trial evaluating darovasertib as neoadjuvant and adjuvant therapy in primary uveal melanoma (UM) patients.
