Breakouts left and right.. 52 over the past 2 weeks to be exact.  The following screenshot was taken of the SelfInvestors.com premium database.  This particular filter displays breakouts for the past 2 weeks and the screenshot below displays the top 13 (with a Total Rank of 50 or above).  For more information on the SelfInvestors.com premium database and how it can help you find the best opportunities please have a look here.

(too much data, too little room – click here to see a larger image you can actually see)

Of the 52 total breakouts in the last 2 weeks, 37 are currently holding a gain, while 9 have a loss and 6 are holding the flat line.  Clearly, breakouts in small to mid cap growth stocks have been performing quite well despite an uncertain market.

Oil, property managers and banks have been leading the way in terms of number of stocks breaking out recently.  Two top rated oil companies, Berry Petroleum (BRY) and RPC Inc (RES) both remain in a buyable range although buy volume could be better in both of those positions.  Property managers/developers remain strong with another top rated breakout in this group from Levitt Corp. (LEV).  The chart looks outstanding, the stock is a bit extended after Friday’s move.  It might return to around 31 offering a better trade.  I’ve been holding two other leaders from this group in the SelfInvestors Model Portfolio for some time – CB Richard Ellis Group (CBG) and St. Joe Company (JOE) which continue to act well.

The top rated breakout in the database in the last 2 weeks has been HDFC Bank (HDB), a leading Indian bank.  The stock broke out on June 30th, but quickly reversesd and closed the day below the pivot point of 47.60.  However, the stock has recovered quickly, making its way to the next level of resistance right at $50/share.  While you could have purchased the stock at the formal pivot point, I’d be more comfortable getting into the stock after it breaks through 50 and then returns to that 50 level on decreasing sell volume, finding support there.  Considering the severe decline in the left side and the quick gains in the right side, it’s probably best to be patient and see how the stock digests recent gains in the coming weeks.

HDFC Bank reports earnings this Thursday, July 14th.

In terms of technicals (fundamentals aren’t too shabby either), the most promising breakout of the past two weeks (which broke out to all time highs on Friday) has to be in Grupo Aeroportuario (ASR) which operates, maintains and develops airports in southeast Mexico.