Weekly Newsletter 03/24/12
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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  

Since the January breakout (see 5 year chart below), the NASDAQ Composite had risen 6.8% to Wednesday's intraday high and 17.7% for the year to date. Understandably, it is time for the index to consolidate these gains and the three month chart shows that this process may now have begun. With the Chinese economy slowing and oil prices rising as a result of the risk premium imposed by continuing talk of an Israeli strike on Iran
the economic fundamentals are weakening but the continuing supply of cheap money from the Fed is likely to continue to keep prices moving higher once this period of consolidation is over.

NASDAQ 5yr Weekly

NASDAQ 3 month daily

 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 sit

The boy's spring break is over this weekend and this feature will return next week.

 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 13080.7 -1.15% 7.06% Down
NASDAQ 3067.92 0.41% 17.76% Up
S&P 500 1397.11 -0.5% 11.09% Down
Russell 2000 1404.17 69.14% 89.52% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Russell 2000
69.14 %
Russell 2000
87.73 %
Russell 2000
115.22 %
Russell 2000
89.52 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Medical Practitioners Medical Practitioners Personal Computers Personal Computers
 Most Improved Industry (by change in technical rank2)
Semiconductor - Memory Chips
+ 161
Manufactured Housing
+ 158
Manufactured Housing
+ 197
Building Materials Wholesale
+ 203
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.
 Weekly Breakout Report How confirmed breakouts performed this week
# of Breakouts
Period Average1
Max. Gain During Period2
Gain at Period Close3
This Week 5 25.85 3.88% 3.38%
Last Week 43 27.08 3.28% 0.38%
13 Weeks 256 27.46 10.95%
1The average number of breakouts in each week over the previous 13 weeks.
2This represents the return if each stock were bought at its breakout price and sold at its intraday high.
3This represents the return if each stock were bought at its breakout price and sold at the most recent close.
 Top Breakout Choices Stocks on our Cup-and-Handle list with best expected gain if they breakout
Company Name
Expected Gain1
Best Overall MGIC Magic Software Enterprises Ltd. 109
Top Technical MGIC Magic Software Enterprises Ltd. 109
Top Fundamental DAN Dana Holding Corporation 56
Top Tech. & Fund. FTK Flotek Industries, Inc. 84
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
Company Name
Expected Gain1
Best Overall ERT eResearch Technology Inc. 90
Top Technical ERT eResearch Technology Inc. 90
Top Fundamental HF HFF, Inc. 66
Top Tech. & Fund. HF HFF, Inc. 66
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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