Summary
- Ongoing MDA stock breakout picks, zombie stocks, ETF trading, Dow picks, and long-term value selections are reviewed ahead of Week 37.
- Cannabis segment is showing strong breakout conditions from August on potential federal policy changes in the coming weeks.
- Invesco DB US Dollar Index Bullish Fund is reaching peak 2023 highs, further validating bearish market directions.
- As interest rates are rising to the highest levels in 22 years, “zombie” stocks with higher than average credit risk levels may be an important focus.
- Long Term January portfolios: Piotroski +31.3%, Positive Forensic +19.4%, Mid-year Growth & Dividend +10.55% and Active ETF up +20.1% YTD.
- This idea was discussed in more depth with members of my private investing community, Value & Momentum Breakouts. Learn More »
Introduction
More changes are coming to my Weekly Breakout Forecast reporting on the doctoral research analysis of MDA breakout stock selections over more than 8 years. This high frequency breakout portfolio subset I regularly release has now reached 327 weeks of public selections on Seeking Alpha as part of this ongoing live forward-testing research. My regular articles will now follow this schedule while IG articles will continue unchanged.
JD Henning is a Finance PhD, MBA, investment adviser, fraud examiner and certified anti-money laundering specialist with more than 30 years trading and investing stocks and other securities. JD runs Value & Momentum Breakouts where he identifies identify breakout signals and breakdown warnings using technical and fundamental analysis. Signals from his proprietary Momentum Gauges® not only alert subscribers of market changes, but the strength of markets for short term breakouts or breakdown warnings across 11 different sectors. Top stock and ETF selections use technical and fundamental systems in proven financial studies. Value & Momentum Breakouts is the place to build your own optimal portfolio mix with a community of like-minded investors and traders. Features include a Premium Portfolio, bull/bear ETF strategy, morning updates and an active chat room. Learn more.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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