Direxion Daily Small Cap Bear 3X Shares (NYSEARCA: TZA at https://www.webull.com/quote/nysearca-tza) is one of the financial-traded fund incorporated companies in the USA. The Fund’s objective is specifying investment results, fees, and expenses that are 300% of the inverse of the performance of the Small Cap Index. The Fund is investing in at least 80% of its net assets in Financial Instruments and it is providing exposure to the Small Cap Index. The Weekly Breakout Forecast is a continued doctoral research analysis on MDA breakout selections over more than 5 years. This analyze is now reached 148 weeks of public selections as part of this ongoing live forward-testing. It has 6 different ways to beat the S&P 500 since my trading studies were made public.
2020 YTD Breakout Portfolio Returns
The Breakout Picks are up +11.60% worst case, buy/hold, do nothing, equal-weighted returns through Week 11 compared to the S&P 500 -16.09% over the same period.
These breakout picks are highly positive for high-frequency that are short term gaining in less than 5 days.
The best case (High YTD +121.76%) is gaining from the chart below as it is beginning to distort the chart between the worst-case gains and the S&P 500 returns.
The best-case average weekly returns are +11.07% and worst case 1.05% YTD as shown below. These returns are covering in the trading of the negative momentum gauge signal weeks that is increased the risk of declines. Week 11 is closed with an average loss of -25.91% compared to a loss of -9.64% for the S&P 500.
Strong 2020 MDA Breakout Stocks
There are very few TZA stocks or Nasdaq fpay stock news at https://www.webull.com/quote/nasdaq-fpay with any confirmed positive accelerating momentum this week. A small sample from recent weekly selections is displaying very large rebounding that moves from highly oversold conditions on Friday. There are values of stocks the following:
QEP Resources rate is (QEP) +59.50%
Calithera Biosciences rate is (CALA) +17.65%
Malibu boat rate is (MBUU) +9.97%
Agile Therapeutics rate is (AGRX) +16.67%
Eventbrite rate is (EB) +17.18%
Exp World Holdings rate is (OTC: EXPI) +12.93%
Cassava Sciences rate is (SAVA) +26.69%
Lakeland Industries rate is (LAKE) +8.64%
K12, Inc. rate is (LRN) +15.48
Meridian Biosciences rate is (VIVO) +13.64%
The Joint Corp. rate is (JYNT) +4.20%
Sangamo Therapeutics rate is (SGMO) +6.21%