WINDERMERE, Fla. ( Stockpickr) -- If you like wild swings and massive volatility in equity prices, then the U.S. stock market has been the place for you to be this week.Let's take a quick look at how the market traded in what many professional traders are calling one of the most memorable weeks of their careers. The Dow Jones Industrial Average plunged 624 points on Monday. On Tuesday, it rose 429 points. On Wednesday, it lost 509 points. And on Thursday, it traded up 414 points. This action marked the first time in history that the Dow saw swings of 400 points or more for four consecutive trading sessions. Recently on Friday, the Dow was up about 100 points. It's often said among the technical analysts community that massive volatility, huge volume and wide price ranges occur at bottoms and tops in the stock market. This week we saw all of that in the U.S. markets -- which could very well be signaling that a solid trading bottom has been put in place for U.S. stocks. That doesn't mean the market won't go lower; it just means that the probability for upside is high because of the volume and price action we have seen during the last few trading sessions. No matter what the overall market is doing, there are always stocks that are breaking out and trending higher. An excellent example of this was two of the breakout stocks I highlighted last week: Caribou Coffee ( CBOU) and Merge Healthcare ( MRGE). As the market fell apart, these stocks did not, and both are notably higher from last week's price levels. The top traders in the world know that markets are made up of thousands of stocks and tons of sectors. With so many moving parts, there's always some sector or stock that's acting strong and doing its own thing. Trading breakouts is not a new game on Wall Street. This strategy has been by legendary traders such as William O'Neal, Stan Weinstein and Nicolas Darvas. Here's a look at a number of stocks that look poised to break out and potential trade higher from current levels.
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