I’m still alive:)  I’ve been preoccupied with unexpected events recently… and I apologize for the lack of posts.  This blog is important to me and I want to be consistent about posting here and keep readers on top of the market.  With that said, I’d like to highlight breakouts of the past couple weeks as well as list the top 10 breakout opportunities right now in the market.   However, I’d like to caution that now is the time to be fairly conservative.  We’ve had a tremendous run over the past couple weeks. 

As always, click here to a larger screenshot of the database, filtered to show the top breakouts (total fundamental + technical score of 50/60 or above) of the past 2 weeks. 

Running through the breakouts and scanning through the several hundred stocks that I track, I’ve been noticing that commodities (specifically oil) have been doing particularily well of late.  In fact, nearly half of the top 15 breakouts of the past 2 weeks come from the oil and metals groups.  Let’s have a look.

It’s been a bit of a mixed bag in terms of breakout success over the past 2 weeks – 39 breakouts, 14 with a gain, 9 with a loss and 6 with no gain.  The biggest winners include Core Molding Technologies (CMT) with a 12% gain (a stock highlighted in a report to free and premium members of SelfInvestors.com), OraSure Technologies (OSUR) with a 17% gain and The Pantry (PTRY), also with a 12% gain.  The biggest loser (although it remains above support with today’s reversal) was Miller Industries (MLR), down -6% from its breakout point.

Here’s my top ten list of stocks that have already broken out, but remain in a buyable range:

1) Allergan (AGN)

2) Joy Global (JOYG)

3) PetroChina (PTR)

4) Grant Prideco (GRP)

5) ChinaMobile (CHL)
6) Gildan Activewear (GIL)

7) CE Franklin (CFK)

8) Perficient (PRFT)

9) BHP Billiton (BHP)

10) Diamond Offshore Drilling (DO)

As always please do your own research.  These are ideas for further research.. Happy Trading and Good Luck!