Weekly Newsletter 06/09/13
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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 markets rallied on Friday as non-farm payrolls improved but not enough to prod the Fed to scale-back its quantitative easing (QE) program in the near future. However, you can see from the chart that volume was well below the recent average, indicating strong reservations that the rally could be sustained. The markets are likely to continue to fret over the possibility of an end to QE until the moment it happens, in case look out below. For this reason, I think the recent high on June 7 is the high water mark for the medium term, perhaps for the year.

NASDAQ Comp

Our market trend s still point down but quality stocks can still make healthy gains as this week's breakouts show. Of the 6 stocks earning more than 5% after breakout, 5 of t hem had RS ranks of over 92 - our recommended minimum for opening a long position.

Date Symbol Base BoP Friday Close RS Rank Gain Intraday
High
6/4/2013 DANG CwH 6.62 94 7.34 10.88% 10.88%
6/3/2013 MNKD HTF 6.85 99 7.46 8.91% 12.12%
6/6/2013 TTS CwH 26.46 96 28.78 8.77% 8.77%
6/3/2013 SCOR CwH 20.29 83 21.86 7.74% 7.74%
6/6/2013 TECUA CwH 9.42 95 10.07 6.90% 9.34%
 New Features this Week Additional Value that we added this week

Mobile Version Improvements


Have you thought of accessing BoW on your smartphone device or tablet? Maybe you have tried it and found it difficult to use. If so, then you may want to take another look following some improvements made this week on the suggestion of a subscriber who accesses BoW on his Android device.

If you access http://www.breakoutwatch.com/mobile on your mobile device, you will be redirected to our mobile menu page.

mobile menu

Tapping any of the menu choices will bring up the next menu level. Eventually you will get to a watchlist:

mobile watchlist

To return to the menu, tap the MENU button at the top right.

Please try it and send me your feedback.
This Week's Top Tip Tips for getting the most out of our site

This feature will return next week with a new turn signals tool.
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 15248.1 0.88% 16.36% Down
NASDAQ 3469.22 0.39% 14.89% Down
S&P 500 1643.38 0.78% 15.23% Down
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
Dow Jones
0.88 %
NASDAQ Composite
6.93 %
NASDAQ Composite
16.49 %
Dow Jones
16.36 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Electronics Stores Toy & Hobby Stores Toy & Hobby Stores Cement
 Most Improved Industry (by change in technical rank2)
Semiconductor - Memory Chips
+ 43
Semiconductor - Memory Chips
+ 76
Semiconductor - Memory Chips
+ 156
Toy & Hobby Stores
+ 212
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 15 12.31 4.98% 4.15%
Last Week 12 12.08 3.18% 0.58%
13 Weeks 185 13.23 11.83%
3.52%
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 FBP First Bancorp 99
Top Technical FBP First Bancorp 99
Top Fundamental NTSP NetSpend Holdings Inc 43
Top Tech. & Fund. NTSP NetSpend Holdings Inc 43
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 RFIL RF Industries, Ltd. 113
Top Technical JKS JinkoSolar Holding Co., Ltd. 91
Top Fundamental RFIL RF Industries, Ltd. 113
Top Tech. & Fund. RFIL RF Industries, Ltd. 113
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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