Weekly Newsletter 05/12/13
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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 Composite continues to roar ahead, easily outrunning the other two major indexes. This is good news because most successful breakouts come from stocks listed on the NASDAQ exchange.  The chart shows the index tracking the upper Bollinger Band and we know from experience that that can go on for some time, although eventually the index will consolidate. The consolidation may just around the corner. I've added the money flow index to the chart this week because it is showing an overbought condition. That too, can continue but it indicates you should be watching our trend indicators and not opening any new positions if they turn downwards.

NASDAQ Composite

There were an above average number of breakouts this week with 3 making intraday gains of over 10% and 9 making intraday gains of over 5%. Most breakouts came from the cup-with-handle pattern.

B'out Date Symbol Base B'Out Price Last Close Current %
off BOP
Gain at
Intraday High
5/7/2013 CLIR CwH 9.34 10.3 10.28% 15.42%
5/10/2013 CCIX CwH 15.27 17.5 14.60% 14.60%
5/6/2013 IEP CwH 76 83.79 10.25% 10.25%
5/7/2013 ANF DB 49.77 53.84 8.18% 8.18%
5/6/2013 ZQK CwH 6.83 7.36 7.76% 7.76%
5/10/2013 LRN CwH 25.97 27.5 5.89% 5.89%
5/7/2013 IMOS CwH 15.36 15.97 3.97% 5.34%
5/10/2013 TZOO CwH 27.71 29.16 5.23% 5.23%
5/9/2013 P CwH 14.91 15.58 4.49% 4.49%
5/10/2013 SWFT CwH 15.48 16.03 3.55% 3.55%
5/10/2013 NOAH CwH 9.12 9.38 2.85% 2.85%
5/8/2013 IDTI DB 7.59 7.75 2.11% 2.11%
5/10/2013 BECN CwH 39.21 39.59 0.97% 0.97%
 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

Weather has turned cold down under and I've been smitten with the flu, so no tip this week.
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 15118.5 0.97% 15.37% Up
NASDAQ 3436.58 1.72% 13.81% Up
S&P 500 1633.7 1.19% 14.55% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
NASDAQ Composite
1.72 %
Dow Jones
7.63 %
S&P 500
18.4 %
Dow Jones
15.37 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Toy & Hobby Stores Music & Video Stores REIT - Healthcare Facilities Cement
 Most Improved Industry (by change in technical rank2)
Office Supplies
+ 119
Office Supplies
+ 142
Toy & Hobby Stores
+ 183
Toy & Hobby Stores
+ 214
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 14 12 7.58% 6.99%
Last Week 19 11.69 7.45% 4.5%
13 Weeks 194 12.77 9.77%
3.38%
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 ICAD iCAD Inc 109
Top Technical ICAD iCAD Inc 109
Top Fundamental RPXC RPX Corp 49
Top Tech. & Fund. RPXC RPX Corp 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
Category
Symbol
Company Name
Expected Gain1
Best Overall NOAH Noah Holdings Limited (ADR) 84
Top Technical NOAH Noah Holdings Limited (ADR) 84
Top Fundamental SWFT Swift Transportation Co 70
Top Tech. & Fund. SWFT Swift Transportation Co 70
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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