Weekly Newsletter 05/30/14
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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 continued to rise and outpaced the other major indexes this week. Although the recovery is welcome and has delivered a dramatic increase in the number of breakouts (see below). it is notable that volume levels for the two weeks since the recovery began are well below the 50 day average. Friday's distribution day came in at higher volumes than on any day since the recovery began and is a warning that this upward move may not last.

NASDAQ Composite
 Weekly Breakout Report  

The recently introduced "Squeeze Play" watchlist delivered the two best performers of the week and this list also delivered the majority of the breakouts (23 out of 33).

Breakouts for Week Beginning 05/26/14
Brkout Date Symbol Base Squeeze BrkoutOut Price Brkout Day Close Last Close Current % off BOP Gain at Intraday High
05/27/14 MRTX SQZ Y 18.35 19.19 21.39 16.57 17.38
05/29/14 LNG SQZ Y 60.63 62.52 68.11 12.34 12.34
05/28/14 MNKD HTF N 8.08 8.17 8.9 10.15 10.15
05/29/14 CSCD CwH N 10.90 11.09 11.97 9.82 9.82
05/27/14 CAAS SQZ Y 8.44 8.9 8.82 4.50 8.77
05/28/14 SNN CwH N 80.99 83.05 87.77 8.37 8.37
05/27/14 IMOS SQZ Y 22.83 23.83 24.41 6.92 8.15
05/27/14 FSTR SQZ Y 49.53 52.41 51.08 3.13 5.81
05/27/14 OPHT CwH N 39.16 39.83 40.7 3.93 4.7
05/27/14 IDTI SQZ Y 13.03 13.03 13.3 2.07 3.84
05/27/14 QLTY SQZ Y 14.03 14.05 14.39 2.57 3.35
05/27/14 BDSI CwH Y 9.65 9.66 9.57 -0.83 2.9
05/27/14 LCI SQZ Y 40.68 41.1 41.78 2.70 2.7
05/27/14 MCO CwH N 83.94 85.68 85.54 1.91 2.41
05/28/14 BRCM SQZ Y 31.15 31.4 31.87 2.31 2.31
05/29/14 SIG CwH Y 106.11 108.37 106.09 -0.02 2.13
05/27/14 VOYA SQZ Y 36.43 37.18 35.8 -1.73 2.06
05/27/14 TSRA SQZ Y 22.54 22.97 22.49 -0.22 1.91
05/29/14 REI SQZ Y 19.15 19.28 19.36 1.10 1.83
05/27/14 AGX CwH N 30.10 30.35 30.65 1.83 1.83
05/28/14 BDSI SQZ Y 9.76 9.93 9.57 -1.95 1.74
05/29/14 SN CwH N 34.50 35.05 34.43 -0.20 1.59
05/28/14 DOW SQZ Y 51.73 51.77 52.12 0.75 1.43
05/29/14 CODE SQZ Y 19.05 19.26 19.05 0.00 1.1
05/27/14 DAKT SQZ Y 14.36 14.47 12.41 -13.58 0.77
05/29/14 FICO SQZ Y 59.11 59.5 58.9 -0.36 0.66
05/28/14 WLB SQZ Y 30.28 30.31 30.47 0.63 0.63
05/27/14 FRP SQZ Y 14.54 14.62 14.1 -3.03 0.55
05/30/14 FC SQZ Y 21.69 21.75 21.75 0.28 0.28
05/27/14 SFL SQZ Y 18.63 18.67 18.52 -0.59 0.21
05/30/14 ETB SQZ Y 16.32 16.33 16.33 0.06 0.06
05/27/14 CLMS SQZ Y 13.18 13.18 12.45 -5.54 0
Weekly Average (33 breakouts) 2.44 4.22

 
 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

Webinar: Trading In-The-Money Options from the Cup-with-Handle Watchlist

We are offering a "webinar" on how to use alerts from the cup-in-handle watchlist to trade in-the-money options on Monday, 16th June at 6pm Mountain Time. This strategy focuses on using alerts from the CwH watchlist that are also in a "squeeze" and offers the promise of strong returns at low risk.

If you are interested in attending, please send me an email and details on how to attend the webinar will be forwarded to you in the week beginning June 9th.
 
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 16717.2 0.67% 0.85% Up
NASDAQ 4242.62 1.36% 1.58% Up
S&P 500 1923.57 1.21% 4.07% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
NASDAQ Composite
1.36 %
S&P 500
3.45 %
S&P 500
6.52 %
S&P 500
4.07 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Toy & Hobby Stores Toy & Hobby Stores Toy & Hobby Stores Toy & Hobby Stores
 Most Improved Industry (by change in technical rank2)
Publishing - Books
+ 33
Movie Production - Theaters
+ 87
Synthetics
+ 195
Synthetics
+ 199
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.
 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 CHTP Chelsea Therapeutics International, Ltd. 96
Top Technical CHTP Chelsea Therapeutics International, Ltd. 96
Top Fundamental ENLC EnLink Midstream, LLC 32
Top Tech. & Fund. ENLC EnLink Midstream, LLC 32
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 BDSI BioDelivery Sciences International, Inc. 87
Top Technical OPHT Ophthotech Corporation 33
Top Fundamental AGX Argan, Inc. 42
Top Tech. & Fund. AGX Argan, Inc. 42
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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