Summary
- Two new Breakout Stocks for Week 2 with better than 10% short-term upside potential and one Dow 30 Picks. Average cumulative returns for 2022 reached +142.69% YTD.
- Momentum Gauge trading signal turned positive this week and new portfolios are all positive with strong gains to start the new year.
- The streak of weekly picks gaining over 10% in less than a week of trading days has reached 235 out of 294 trading weeks (80.0%), not counting multiple gainers.
- Annual returns are simulated by adding 52 weekly selections though they could be compounded weekly. Top annual gainers have joined the growing multibagger list.
- 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 of +30.87%.
For further details see:
MDA Breakout Stocks Week 2 - January 2023: High-Frequency Gainers To Give You An Edge