Summary
- Two new sample Breakout Stocks for Week 28 with better than 10% short-term upside and two Dow 30 Picks. Average cumulative returns for 2023 are up to +113.3% YTD.
- In the short holiday trading week, 3 out of 4 picks gained over 9% with peak gains in ONCY +23.9% and RIG +20.6%. The S&P 500 declined -1.16%.
- The streak of weekly picks gaining over 10% in less than a week has reached 253 out of 319 trading weeks (79.3%) not considering multiple gainers or negative MG 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 now delivering +862.9% compound returns through 2023 and a CAGR +35.2%.
- I am JD Henning. A Finance PhD and investment adviser with 30+ years trading and investing. I run Value & Momentum Breakouts where I identify breakout signals and breakdown warnings using technical and fundamental analysis. I run the investing group Value & Momentum Breakouts.
