Week 19 MDA Breakout Stocks - May 2021: Short-Term Picks To Give You An Edge

May 10, 2021 2:16 PM ET, , , , , , , , , , , , , 11 Comments

Summary

  • Two new breakout stocks for Week 19 with better than 10% short-term upside potential.
  • This past week none of the stocks beat 10% in less than 5 days with MYRG peaking at +9.02%. The others declined on Biotech fears of IP removals.
  • 2021 MDA minimal portfolio returns are -6.4% and maximal +265.3% YTD with 34 out of 72 picks (47%) over +10% in less than a week, 52/72 (72.2%) over +5%.
  • The streak of weekly picks gaining over 10% in less than a week of trading days continues to 172 out of 207 trading weeks (83.1%) not counting multiple gainers.
  • The MDA breakout picks completed 2020 up +73.4% beating the S&P 500 for the 4th consecutive year with avg annual returns of +43.8%.
  • This idea was discussed in more depth with members of my private investing community, Value & Momentum Breakouts. Learn More »

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Introduction

The Weekly Breakout Forecast continues my doctoral research analysis on MDA breakout selections over more than 6 years. This subset of the different portfolios I regularly analyze has now reached 200 weeks of public



If you are looking for a great community to apply proven financial models with picks ranging from short term breakouts to long term value and forensic selections, please consider joining our 1,400+ outstanding members at Value & Momentum Breakouts

  • Subscribe now and learn why members are hooked on the Momentum Gauge® signals!
  • The Premium Portfolio gained 47.5% and MDA Breakout picks gained +73.4% last year.
  • 10 different portfolio types beat the S&P 500 last year.
  • Now into our 5th year, this rapidly growing service has consistently outperformed the S&P 500 every single year!

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This article was written by

18.99K Followers

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 am/we are long NRGU, NAIL, BNKU, COPX. 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.

I am long several funds following the Market Momentum Gauge® and Sector Momentum Gauge® signals. I adjust my exposure ahead of weekends and holidays to minimize the risk from these high volatility 3x funds that may not be appropriate investments for your portfolio. Readers are highly encouraged to consider your own optimal asset allocation strategies to diversify risks and enhance returns.

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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