Weekly Newsletter 12/02/12
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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  

All our trend indicators are now pointing up. Nevertheless, Friday's action, where the markets spent much of the day in the red, show that market action is likely to be somewhat volatile until the 'fiscal cliff' debate is resolved.

The NASDAQ Composite has overcome resistance at the 200 dma level and now faces the 50 dma level.

NASDAQ Comp.

The number of successful breakouts increased but was below the 13 week average. The average gains until Friday's close was above the weekly gain for the NASDAQ index showing our breakouts generally outperformed the broader market.

 New Features this Week Additional Value that we added this week

Following a request from a subscriber, we have added intraday volume to our intraday charts for stocks listed on our watchlists. We have also extended the availability of the monitor outside market hours. Note however that the status indicators may not be reliable as subsequent system updates may have affected calculations.

Here is an example from Friday's alert monitor taken after the market has closed. The chart includes data received until 15 minutes after the close to include and late trade and/or volume information.

intraday chart

Getting the intraday chart can be a little tricky.

1. Go to the Take Action - Alerts > Alert Monitor menu choice
2. As you roll your mouse over the symbols, a drop down will appear containing the link to the intraday chart.

intraday alert


This Week's Top Tip Tips for getting the most out of our site

Work on the new market trend indicators was delayed while we implemented the Alert Monitor changes. This will definitely be released next week.

 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 13025.6 0.12% 6.61% Up
NASDAQ 3010.24 1.46% 15.55% Up
S&P 500 1416.18 0.5% 12.61% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Russell 2000
1.83 %
Russell 2000
1.24 %
Russell 2000
11.46 %
NASDAQ Composite
15.55 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Lumber - Wood Production Lumber - Wood Production Lumber - Wood Production Lumber - Wood Production
 Most Improved Industry (by change in technical rank2)
Beverages - Soft Drinks
+ 46
Auto Parts Wholesale
+ 87
Meat Products
+ 139
Foreign Money Center Banks
+ 174
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 17 20.08 3.1% 1.94%
Last Week 14 19.92 4.99% 3.25%
13 Weeks 342 21.23 5.73%
-0.83%
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 POWR PowerSecure International, Inc. 101
Top Technical POWR PowerSecure International, Inc. 101
Top Fundamental FHCO The Female Health Company 93
Top Tech. & Fund. FHCO The Female Health Company 93
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 GNMK GenMark Diagnostics, Inc 89
Top Technical GNMK GenMark Diagnostics, Inc 89
Top Fundamental SWHC Smith & Wesson Holding Corporation 82
Top Tech. & Fund. SWHC Smith & Wesson Holding Corporation 82
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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