June MDA Breakout Stocks/ETFs Week 26 - 2023: High-Frequency Gainers To Give You An Edge

Summary

• Two new Breakout Stocks for Week 26 with better than 10% short-term upside, ETF updates and two Dow 30 Picks. Average cumulative returns for 2023 are down to +101.9% YTD.
• Last week was the worst week in 2023 for breakout picks and first week since February that neither the MDA nor Bounce/Lag models had any 10% peak gainers.
• The streak of weekly picks gaining over 10% in less than a week has reached 252 out of 317 trading weeks (79.5%) not considering multiple gainers or negative 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 +819.8% compound returns through 2023 and a CAGR +34.1%.
• Looking for more investing ideas like this one? Get them exclusively at Value & Momentum Breakouts. Learn More »

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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.

I continue to follow 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.