July MDA Breakout Stocks Week 27 - 2023: High-Frequency Gainers To Give You An Edge

Jul. 03, 2023 12:23 PM ET, , , , , , , , , , , , , , 6 Comments

Summary

  • Two new sample Breakout Stocks for Week 27 with better than 10% short-term upside and a Dow 30 Picks. Average cumulative returns for 2023 are up to +102.0% YTD.
  • Last week, neither the MDA nor Bounce/Lag models had any 10% peak gainers. The strong start to RIG +7.8% on Friday for members may end the drought.
  • The streak of weekly picks gaining over 10% in less than a week has reached 252 out of 318 trading weeks (79.2%) 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 +802.0% compound returns through 2023 and a CAGR +33.6%.
  • Looking for a portfolio of ideas like this one? Members of Value & Momentum Breakouts get exclusive access to our subscriber-only portfolios. Learn More »

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Introduction

For readers who want to skip the details, avoid market updates, bypass the Momentum Gauge charts, and ignore additional stock and exchange-traded fund ("ETF") ideas along with the MDA strategies spanning more than a decade of



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  • For the 6th consecutive year the V&M Portfolios beat the S&P 500!! 
  • The Piotroski Value portfolio has gained +32.61% through mid-year 2023!
  • Now into our 7th year, we have 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/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.

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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