WMT - MDA Breakout Stocks Week 10 - March 2023: High-Frequency Gainers To Give You An Edge
2023-03-05 06:56:46 ET
Summary
- Two new Breakout Stocks for Week 10 with better than 10% short-term upside and a Dow 30 Picks. Average cumulative returns for 2023 are +38.0% YTD.
- The Momentum Gauges® were negative from Week 8 with a positive signal late in Week 9. ARAV jumped 12% to end the week with strong momentum.
- The streak of weekly picks gaining over 10% in less than a week has reached 239 out of 301 trading weeks (79.4%), not considering multiple gainers or negative signals.
- Annual returns are simulated by adding 52 weekly selections though they could be compounded weekly. Since inception, over 450 stock picks have gained over 10% in less than a week.
- The MDA breakout picks continue to beat the S&P 500 into 7 consecutive years, delivering +708.2% compound returns through 2022 and a CAGR +30.87%.
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MDA Breakout Stocks Week 10 - March 2023: High-Frequency Gainers To Give You An Edge