- Two sample Breakout Stocks for Week 6 with better than 10% short-term upside potential and a Dow stock pick.
- The negative Momentum Gauge® signal continues into 2022 without an MDA breakout buy signal in one of the worst starts to the stock market since 2008.
- Last week the picks still gained +1.72% led by GNK +5%. So far in 2022 the model has avoided the declines YTD with S&P 500 -5.6%, Nasdaq -9.9%, Russell -10.8%.
- The streak of weekly picks gaining over 10% in less than a week of trading days declines to 200 out of 246 trading weeks (81.3%) not counting multiple gainers.
- The MDA breakout picks have beaten the S&P 500 for 5 consecutive years delivering a CAGR +49.8% and 726.0% compounding returns through 2021. 2021 returns were +70.5%.
For further details see:
Week 6 MDA Breakout Stocks - February 2022: Short-Term Picks To Give You An Edge