Weekly Newsletter 05/15/15
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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 saved by Thursday's accumulation day in an otherwise negative week. Thursday's close, on volume that barely met the 50 day average, left the index with just enough cushion to avoid being dragged into the red by Friday's small loss. Overall, the index was the top performer of the major three, with a gain of 0.9% for the week. The S&P 500 set a new all-time high and if the NASDAQ trend continues as shown in the chart, then the NASDAQ may also set a new high in the near future.
NASDAQ Composite Chart
 Weekly Breakout Report  

Market conditions created an usually large number of volatility squeeze situations early in the week which led to an unusually large number (48) of Volatility Squeeze (SQZ) breakouts.
 
Breakouts for Week Beginning 05/11/15
Brkout Date Symbol Base Squeeze BrkoutOut Price Brkout Day Close RS Rank* Last Close Current % off BOP Gain at Intraday High
05/14/15 SSNI CwH N 12.01 13.03 91 13.66 13.74 13.74
05/12/15 RARE CwH N 70.69 72.27 94 79.33 12.22 12.3
05/14/15 PERY SQZ Y 24.04 26.09 84 26.76 11.31 11.52
05/12/15 PAHC SQZ Y 34.04 36.73 95 36.46 7.11 7.9
05/14/15 CTRP CwH Y 67.46 71.14 88 71.99 6.72 6.79
05/14/15 TOUR CwH N 18.80 19.35 88 19.97 6.22 6.38
05/14/15 SGU SQZ Y 7.50 7.75 79 7.97 6.27 6.27
05/15/15 SRNE CwH N 12.43 13.04 97 13.04 4.91 5.07
05/13/15 IT SQZ Y 83.79 86.2 71 87.46 4.38 5.07
05/12/15 PFSW CwH N 13.12 13.49 92 13.78 5.03 5.07
05/12/15 OZRK SQZ Y 40.55 41.39 70 41.98 3.53 4.96
05/12/15 HAWK SQZ Y 36.20 37.04 78 37.94 4.81 4.89
05/13/15 MCK SQZ Y 229.64 232.38 79 240 4.51 4.53
05/13/15 AGO SQZ Y 27.53 27.65 76 28.76 4.47 4.5
05/14/15 CRTO CwH N 46.42 47.50 92 48.27 3.99 4.18
05/12/15 RPTP SQZ Y 10.93 11.14 82 11.3 3.39 3.66
05/14/15 NI SQZ Y 43.94 44.16 76 45.47 3.48 3.53
05/14/15 BVN SQZ Y 11.95 12.37 76 12.265 2.64 3.51
05/14/15 MCK SQZ Y 232.37 239.48 81 240 3.28 3.3
05/15/15 SGU SQZ Y 7.72 7.97 81 7.97 3.24 3.24
05/14/15 IMPV CwH N 54.69 55.63 97 56.46 3.24 3.24
05/15/15 AEIS SQZ Y 26.99 27.81 89 27.81 3.04 3.19
05/15/15 EDN SQZ Y 15.33 15.81 93 15.81 3.13 3.13
05/14/15 ADBE SQZ Y 77.08 79.43 74 78.9 2.36 3.05
05/14/15 MED SQZ Y 31.94 32.83 71 32.62 2.13 2.79
05/14/15 TW SQZ Y 131.36 134.75 77 134.7 2.54 2.63
05/14/15 ANSS SQZ Y 88.22 90.48 74 89.63 1.60 2.56
05/12/15 SIVB SQZ Y 133.73 134.07 83 132.71 -0.76 2.44
05/12/15 EMKR CwH N 6.11 6.15 91 6.25 2.29 2.29
05/14/15 IT SQZ Y 86.23 88.04 76 87.46 1.43 2.1
05/13/15 SIVB SQZ Y 134.20 136.11 83 132.71 -1.11 2.08
05/12/15 WBS SQZ Y 37.29 37.58 84 37.45 0.43 2.06
05/13/15 PLXS SQZ Y 44.27 44.6 73 44.57 0.68 1.97
05/15/15 CUBE SQZ Y 24.06 24.465 80 24.465 1.68 1.7
05/13/15 BKU SQZ Y 33.65 34.06 71 33.75 0.30 1.66
05/15/15 EMKR CwH N 6.15 6.25 93 6.25 1.63 1.63
05/12/15 LGIH SQZ Y 17.71 17.96 80 17.75 0.23 1.41
05/14/15 ENS SQZ Y 68.43 69.36 73 69.23 1.17 1.36
05/13/15 KEY SQZ Y 14.74 14.92 71 14.69 -0.34 1.29
05/14/15 AFFX SQZ Y 12.37 12.52 90 12.46 0.73 1.21
05/14/15 PLXS SQZ Y 44.60 45.14 76 44.57 -0.07 1.21
05/14/15 COLB SQZ Y 30.16 30.51 78 29.85 -1.03 1.16
05/14/15 SEE CwH N 48.81 49.37 88 48.93 0.25 1.15
05/14/15 AWI SQZ Y 55.86 56.5 71 56.12 0.47 1.15
05/14/15 TCO HTF N 75.69 76.51 46 76.52 1.10 1.14
05/12/15 FLY SQZ Y 15.06 15.17 74 15.16 0.66 1.13
05/14/15 TEL SQZ Y 69.48 70.12 72 70.21 1.05 1.07
05/13/15 ILMN SQZ Y 197.12 198.23 78 198.97 0.94 1.06
05/14/15 EGBN SQZ Y 38.69 39.09 75 38.88 0.49 1.03
05/13/15 BXS SQZ Y 24.52 24.66 77 24.365 -0.63 1.02
05/12/15 CRF SQZ Y 23.54 23.75 98 23.236 -1.29 0.89
05/12/15 CNO SQZ Y 18.48 18.62 71 18.155 -1.76 0.76
05/14/15 KWEB CwH N 40.97 41.04 80 41.27 0.73 0.73
05/14/15 BECN SQZ Y 31.31 31.54 70 31.48 0.54 0.73
05/14/15 SIVB SQZ Y 136.13 136.99 86 132.71 -2.51 0.63
05/14/15 BKU SQZ Y 34.06 34.21 72 33.75 -0.91 0.44
05/14/15 MSFG SQZ Y 19.98 20.06 75 19.84 -0.70 0.4
05/14/15 CSBK SQZ Y 13.99 14.04 74 13.97 -0.14 0.36
05/14/15 WSBF SQZ Y 13.00 13.04 73 12.94 -0.46 0.31
05/12/15 CSBK SQZ Y 14.02 14.05 73 13.97 -0.36 0.21
05/15/15 LO HTF N 72.09 72.15 80 72.15 0.08 0.15
05/14/15 CPF SQZ Y 22.98 22.98 79 22.96 -0.09 -0
Weekly Average (62 breakouts) 2.23 2.92
*RS Rank on day before breakout.

 
 New Features this Week Additional Value that we added this week

Threshold RS for Volatility Squeeze Raised to 80


While looking at the reason for the large number of  Volatility Squeeze alerts and breakouts, I became aware that we were publishing stocks on this watchlist with an RS rank as low as 70. I have now raised the threshold to 80 which reduces the number substantially. For example, on Wednesday there were 114 stocks on the SQZ list which fell to 40 on Thursday after I implemented the higher threshold level.
This Week's Top Tip Tips for getting the most out of our site

FREE! Get Top Cup and Handle Pattern Stocks on our Home Page

You don't have to be a subscriber to our site to get valuable stock information on a daily basis.

  • Top Ranked Cup and Handle Pattern Stocks
    Each  day we publish five highly ranked stocks from our cup and handle pattern watchlist. These are stocks  that could potentially breakout at the next session. By clicking the symbol you can see a chart clearly showing the cup and handle pattern. For example, as of Friday, May 15 our picks are:

Symbol RS Rank Breakout Price Breakout Volume
TNK 95 6.89 1,651,563
MRTX 95 32.17 122,512
GLUU 95 7.03 6,128,836
VSLR 95 14.97 1,791,724
NSP 95 55.11 273,226
  • Yesterday's Successful Breakouts
    Each day we publish all  of the successful breakouts from the previous session. These are stocks that you could still buy, but look at the movement since breakout first. Again, you can see the chart pattern by clicking the symbol in the table. Here's yesterday's breakouts:
Symbol Alert Time Breakout Price Close % Gain at Close
SRNE 10:31:11 12.43 13.04 4.91
EMKR 09:45:23 6.15 6.25 1.63
LO 09:58 72.09 72.15 0.08
SGU 09:36:14 7.72 7.97 3.24
  • Incisive Stock Analysis
    Finally, see our CANTATA evaluation for any of these, or any other stocks, by entering a symbol in the Stock  Symbol Box. (Limited to 5 in any 24 hour period).
Stock Symbol:
 Market Summary Overview of market direction and industry rotation
Index Value Change Week Change YTD Trend
Dow 18272.6 0.45% 2.52% Up
NASDAQ 5048.29 0.89% 6.59% Up
S&P 500 2122.73 0.31% 3.1% Up
 Best Performing Index
1 Week 13 Weeks 26 Weeks Year-to-Date
NASDAQ Composite
0.89 %
NASDAQ Composite
3.16 %
NASDAQ Composite
7.67 %
NASDAQ Composite
6.59 %
 Best Performing Industry (by average technical score over each period)
1 Week 3 Weeks 13 Weeks 26 Weeks
Drugs Wholesale Drugs Wholesale Drugs Wholesale Toy & Hobby Stores
 Most Improved Industry (by change in technical rank2)
REIT - Hotel/Motel
+ 60
Networking & Communication Devices
+ 77
Office Supplies
+ 197
Music & Video Stores
+ 181
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 PMFG PMFG, Inc. 113
Top Technical PMFG PMFG, Inc. 113
Top Fundamental GTN Gray Television, Inc. 68
Top Tech. & Fund. GTN Gray Television, Inc. 68
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 EMKR EMCORE Corporation 94
Top Technical EMKR EMCORE Corporation 94
Top Fundamental CRTO Criteo S.A. 43
Top Tech. & Fund. CRTO Criteo S.A. 43
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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