Weekly Newsletter 11/21/14
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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 was essentially unchanged for the week until Friday when the index gapped up at the open following an overnight cut in Chinese interest rates to stimulate their economy. Although the early gains were cut by profit taking, the index still closed at a new 14 year high. Trading on Thursday and Friday produced consecutive accumulation days but volumes remained well below the 50 day average, showing only moderate enthusiasm for the current rising trend. The index's gain for the week of just 0.5% was well below that of the DJI and S&P 500.
NASDAQ Comp.
 Weekly Breakout Report  

The number of breakouts surged to 42 this week but the lower volumes and only moderate overall gain for the NASDAQ kept average gains to just 3.4%. Nevertheless, of the 42 breakouts, only three closed the week in the red.
 
Breakouts for Week Beginning 11/17/14
Brkout Date Symbol Base Squeeze BrkoutOut Price Brkout Day Close Last Close Current % off BOP Gain at Intraday High
11/18/14 KONA CwH N 23.17 24.06 24.81 7.08 9.54
11/21/14 TCK HSB N 16.22 17.73 17.73 9.31 9.31
11/19/14 MAC CwH N 71.33 76.58 77.74 8.99 8.99
11/20/14 ROST CwH Y 82.79 83.21 89.3 7.86 7.86
11/19/14 BBY CwH N 35.49 35.54 38.03 7.16 7.16
11/17/14 XON CwH N 24.40 24.93 26.07 6.84 7.13
11/19/14 DLTR CwH N 62.11 62.63 66.39 6.89 6.89
11/19/14 MTSI CwH N 23.14 23.99 24.72 6.83 6.83
11/17/14 Z SQZ Y 113.81 117.86 115.02 1.06 6.28
11/21/14 NOAH CwH N 17.17 18.24 18.24 6.23 6.23
11/17/14 TRLA SQZ Y 48.55 49.79 49.24 1.42 5.64
11/18/14 BKD SQZ Y 33.92 34.28 35.37 4.27 4.27
11/21/14 ADSK CwH N 59.66 61.95 61.95 3.84 3.84
11/20/14 CRMT CwH N 48.70 50.25 50.56 3.82 3.82
11/21/14 CRMT CwH N 48.70 50.56 50.56 3.82 3.82
11/17/14 KMR SQZ Y 97.46 99.05 98.33 0.89 3.64
11/18/14 AVNR HTF N 13.41 13.70 13.88 3.50 3.5
11/21/14 PCTY CwH N 29.05 30.03 30.03 3.37 3.37
11/20/14 CATO CwH N 37.72 38.89 38.14 1.11 3.1
11/19/14 JBLU CwH N 13.09 13.24 13.25 1.22 2.67
11/18/14 COO CwH N 166.08 170.15 167.15 0.64 2.45
11/21/14 PGNX CwH N 6.61 6.77 6.77 2.42 2.42
11/18/14 GWPH SQZ Y 78.66 80.5 78.95 0.37 2.34
11/18/14 RBA CwH N 25.31 25.48 25.89 2.29 2.29
11/17/14 KMI SQZ Y 40.07 40.25 39.75 -0.80 2.17
11/19/14 GTT CwH N 13.39 13.53 13.66 2.02 2.02
11/20/14 APO HSB N 23.72 23.75 24.11 1.64 1.64
11/21/14 MIDU CwH N 95.33 96.84 96.84 1.58 1.58
11/21/14 BERY CwH N 26.86 27.27 27.27 1.53 1.53
11/19/14 FL DB N 56.17 56.19 54.55 -2.88 1.48
11/19/14 BPL SQZ Y 81.50 81.65 82.58 1.33 1.33
11/20/14 CSTE CwH N 61.58 62.39 61.49 -0.15 1.32
11/21/14 CATO CwH N 37.72 38.14 38.14 1.11 1.11
11/21/14 ACAD CwH N 28.21 28.43 28.43 0.78 0.78
11/21/14 EPI CwH N 23.37 23.55 23.55 0.77 0.77
11/21/14 PIN CwH N 22.67 22.77 22.77 0.44 0.44
11/21/14 EQM CwH Y 90.74 91.13 91.13 0.43 0.43
11/19/14 MONT CwH N 22.50 22.59 24.72 N/A 0.4
11/21/14 LQ SQZ Y 21.14 21.2 21.2 0.28 0.28
11/21/14 INDL CwH N 102.49 102.68 102.68 0.19 0.19
11/18/14 MCRI CwH N 17.19 17.20 16.75 -2.56 0.06
11/20/14 PLNR HTF N 7.68 7.68 7.29 -5.08 -0
Weekly Average (42 breakouts) 2.43 3.36

 
 New Features this Week Additional Value that we added this week

New Filter for NASDAQ Only Breakouts

You can now filter our watchlists to restrict display and alerts to only those stocks listed on the NASDAQ exchange. To do so, set the "Restrict to NASDAQ Stocks Only" filter to 'Yes' as shown below. If not set to yes, then stocks from all exchanges will be shown.

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

Focus Like a Laser on Higher Returns

Last week (see NASDAQ Delivers More Breakouts and Higher Returns), I showed how breakouts listed on the NASDAQ exchange outperformed both the NYSE and AmEx exchanges. To allow you to more easily take advantage of this knowledge, use the new NASDAQ Filter to limit the stocks shown on our watchlist to only those on the NASDAQ exchange. This will mean fewer stocks on which you will need to do due diligence, and should lead to higher gains on average, when combined with other selective filters (see Important Strategy Revisions).

As a reminder, I reproduce the results of last week's study.

Successful Breakouts 2014
Exchange No. BrkOuts
by Exchange
Avg Max Gain
by Exchange
WatchList No. Brkouts
by Watchlist
Avg Max Gain
by Watchlist
NASDAQ 418 23% CWH 252 25%



DB 7 17%



HSB 0 0%



HTF 24 27%



SQZ 135 19%






NYSE 386 12% CWH 238 12%



DB 14 16%



HSB 2 6%



HTF 1 0%



SQZ 131 11%






AMEX 11 17% CWH 6 13%



DB 0 0%



HSB 1 33%



HTF 0 0%



SQZ 4 21%

 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 17810.1 0.99% 7.44% Up
NASDAQ 4712.97 0.52% 12.84% Up
S&P 500 2063.5 1.16% 11.64% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
S&P 500
1.16 %
Dow Jones
3.41 %
NASDAQ Composite
12.59 %
NASDAQ Composite
12.84 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Toy & Hobby Stores Toy & Hobby Stores Drugs Wholesale Drugs Wholesale
 Most Improved Industry (by change in technical rank2)
Basic Materials Wholesale
+ 53
Basic Materials Wholesale
+ 88
Drug Related Products
+ 146
Home Health Care
+ 164
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 JRJC China Finance Online Co. Limited 100
Top Technical JRJC China Finance Online Co. Limited 100
Top Fundamental CMG Chipotle Mexican Grill, Inc. 28
Top Tech. & Fund. CMG Chipotle Mexican Grill, Inc. 28
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 GTT GTT Communications, Inc. 78
Top Technical INDA Ishares MSCI India ETF 0
Top Fundamental EQM EQT Midstream Partners, LP 0
Top Tech. & Fund. EQM EQT Midstream Partners, LP 0
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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