Weekly Newsletter 07/14/12
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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  

NASDAQ Composite

We are still traveling with only occasional internet access so the weekly commentary is limited again this week.

The NASDAQ Composite is in an ascending triangle pattern and faces resistance at 2942 where the index will intersect with the descending resistance line. Consistently lower than average volume indicates continued uncertainty about the direction of the domestic and global markets and we are unlikely to seea breakout until there is a confidence building event.

 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

I am taking a vacation until mid-July. This feature will return on July 20.

 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 12777.1 0.04% 4.58% Down
NASDAQ 2908.47 -0.98% 11.64% Down
S&P 500 1356.78 0.16% 7.89% Down
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
S&P 500
0.16 %
Russell 2000
-3.42 %
NASDAQ Composite
7.3 %
NASDAQ Composite
11.64 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Building Materials Wholesale Building Materials Wholesale Building Materials Wholesale Recreational Vehicles
 Most Improved Industry (by change in technical rank2)
Health Care Plans
+ 51
Beverages - Wineries & Distillers
+ 50
Dairy Products
+ 182
Dairy Products
+ 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 24 13.23 1.72% 0.82%
Last Week 6 12 7.24% 4.75%
13 Weeks 225 13.85 6.73%
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 BONA Bona Film Group Ltd (ADR) 121
Top Technical BONA Bona Film Group Ltd (ADR) 121
Top Fundamental GNC GNC Holdings Inc 49
Top Tech. & Fund. GNC GNC Holdings Inc 49
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 NKTR Nektar Therapeutics 83
Top Technical CKEC Carmike Cinemas, Inc. 61
Top Fundamental BLX Banco Latinoamericano Comerc Exterior SA 59
Top Tech. & Fund. MRLN Marlin Business Services Corp. 55
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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