- Two new Breakout Stocks for Week 42 with better than 10% short-term upside potential. The ETF/ETN forecast section now goes out in a separate article.
- Following the Momentum Gauges the portfolio is up +74.4% YTD with a record high 23 weeks out 41 weeks this year in negative conditions above the 40 MG level.
- This past week 1 out of 4 stocks gained over +10% peak gains led by EXK +10.7%, but HMY and MGY peaked at +9.5% and +9.8% respectively.
- The streak of weekly picks gaining over 10% in less than a week of trading days continues to 192 out of 230 trading weeks (83.4%) not counting multiple gainers.
- The MDA breakout picks completed 2020 up +73.4% beating the S&P 500 for the 4th consecutive year with average annual returns of +43.8%. The cumulative 5-year return is at 726.0% to date.
For further details see:
Week 42 MDA Breakout Stocks - October 2021: Short-Term Picks To Give You An Edge