Weekly Newsletter 07/27/12
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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  

The NASDAQ's bearish head and shoulders top we wrote about last week (ellipse on the chart) barely completed as the index briefly touched the neckline on Wednesday. Thursday's and Friday's gains were in response to the ECB President's promise to 'do whatever it takes' to save the Euro with the expectation that this will be followed by a European version of our own QE. We know the effect of that was to bolster stock prices as financial institutions used their access to virtually free money to drive equities higher, so market participants expect this announcement puts a floor under the downturn. Friday's trading showed strength on higher volume but profit taking set in as the index touched resistance at the downward trend line.

NASDAQ Composite

Our trend indicators for the major indexes are now all aligned upwards.



 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

No top tip this week.

 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 13075.7 1.97% 7.02% Up
NASDAQ 2958.09 1.12% 13.55% Up
S&P 500 1385.97 1.71% 10.21% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Dow Jones
1.97 %
Dow Jones
-1.24 %
S&P 500
5.29 %
NASDAQ Composite
13.55 %
 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)
Information & Delivery Services
+ 44
Drugs - Generic
+ 87
Dairy Products
+ 149
Dairy Products
+ 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.
 Weekly Breakout Report How confirmed breakouts performed this week
# of Breakouts
Period Average1
Max. Gain During Period2
Gain at Period Close3
This Week 23 12.85 6.39% 4.9%
Last Week 18 13.08 7.67% 4.95%
13 Weeks 236 13.85 8.28%
2.74%
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
Category
Symbol
Company Name
Expected Gain1
Best Overall ADY Feihe International Inc 105
Top Technical ADY Feihe International Inc 105
Top Fundamental NSM Nationstar Mortgage Holdings Inc 52
Top Tech. & Fund. NSM Nationstar Mortgage Holdings Inc 52
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 CSFL Centerstate Banks of Florida, Inc. 78
Top Technical KVHI KVH Industries, Inc. 43
Top Fundamental GILD Gilead Sciences, Inc. 41
Top Tech. & Fund. DLX Deluxe Corporation 40
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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