Breakoutwatch Weekly Summary 02/04/17

You are receiving this email because you are or were a BreakoutWatch.com subscriber, or have subscribed to our weekly newsletter. This newsletter summarizes the breakout events of the week and provides additional guidance that does not fit into our daily format. It is published each weekend.

Contents
New Features this Week Strategy Suggestions Breakouts Summary Breakouts Detail	Top Cup and Handle Chart Pattern Stocks Breakouts Index Major Indexes Performance	Best Performing Index Best Performing Industry Most Improved Industry

Weekly Commentary
Climate for Growth Stock Breakouts Continues to Improve The NASDAQ Composite returned to a narrow trading range and lies at the upper limit of the medium term trend line. I expect the upward trend to continue and perhaps accelerate due to three important events this week: The Federal Reserve gave no indication that a rate hike was imminent following slow wage growth despite strong employment growth Trump signed an executive order directing the Treasury secretary to review the 2010 Dodd-Frank financial regulatory law Trump signed a memorandum instructing the Labor Department to delay implementing an Obama rule requiring financial professionals who are giving advice on retirement, and who charge commissions, to put their client's interests first. All three will greatly please Wall street who can expect legislation to follow which will lighten their regulatory burden and spur further investment, particularly as the Volcker rule is relaxed and depositor's cash becomes more available for speculation. The outlook for more and more profitable breakouts is therefore strong.

New Features this Week
No new features this week.

Strategy Suggestions
In case you missed the important strategy suggestions in the last two newsletters read it here.

Breakouts Summary by Watchlist for Week Beginning 01/30/17
List	Breakouts	Avg. Gain
CWH	7	2.74
SQZ	9	6.3
HTF		0
HSB		0
DB		0

Breakouts Detail for Week Beginning 01/30/17
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2017-02-02	BRKS	SQZ	y	17.72	20	94	20.75	17.1%	18.4%
2017-02-02	ARCO	SQZ	y	6.11	6	84	6.5	6.38%	7.69%
2017-02-01	SF	SQZ	y	50.34	52	87	53.53	6.34%	6.67%
2017-01-31	GKOS	CWH	n	41.00	41	93	43.59	6.32%	6.76%
2017-02-03	VBTX	SQZ	y	27.62	29	95	29.25	5.9%	6.19%
2017-02-02	SLAB	SQZ	y	69.26	70	81	73.1	5.54%	5.62%
2017-01-30	AHGP	SQZ	y	28.97	30	84	30.45	5.11%	5.97%
2017-02-03	MTU	CWH	y	6.60	7	80	6.92	4.85%	6.21%
2017-01-31	MKTX	CWH	n	182.86	187	82	191.27	4.6%	4.62%
2017-02-03	SLAB	SQZ	y	70.26	73	83	73.1	4.04%	4.11%
2017-02-01	KWR	SQZ	y	128.51	132	86	132.79	3.33%	7.47%
2017-02-03	AMP	SQZ	y	117.74	121	81	121.26	2.99%	3.5%
2017-02-01	CFX	CWH	n	40.22	41	83	41.4	2.93%	4.4%
2017-02-01	WD	CWH	y	32.43	32	82	32.95	1.6%	1.67%
2017-02-02	MX	CWH	n	8.75	9	94	8.75	0%	1.71%
2017-02-01	SPNC	CWH	y	26.15	27	89	25.85	-1.15%	4.78%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday February 03, 2017
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
NRP	39.85	74,398	Natural Resource Partners LP	Industrial Metals & Minerals	97	37.00
BOOM	16.80	65,259	DMC Global Inc.	Metal Fabrication	96	16.71
CVGI	6.25	164,404	Commercial Vehicle Group - Inc.	Auto Parts Wholesale	96	6.18
SLM	12.16	5,808,268	SLM Corporation	Credit Services	96	12.04
STS	19.90	264,314	Supreme Industries - Inc.	Trucks & Other Vehicles	96	18.35
SAIA	50.80	342,438	Saia - Inc.	Trucking	95	49.45
DCO	31.47	140,535	Ducommun Incorporated	Aerospace/Defense Products & Services	95	30.05
MTZ	41.90	1,269,045	MasTec - Inc.	Heavy Construction	95	38.90
HBHC	47.20	1,258,448	Hancock Holding Company	Regional - Southeast Banks	95	46.45
OCLR	10.35	9,269,266	Oclaro - Inc.	Semiconductor Equipment & Materials	94	9.81
These stocks meet our suggested screening factors for our Cup and Handle Chart Pattern watchlist. See Revised Rules for Trading Cup and Handle Breakouts

Major Index Summary
Index	Value	Change Week	Change YTD	Trend¹
Dow	20071.5	-0.11%	1.56%	Up
NASDAQ	5666.77	0.11%	5.27%	Up
S&P 500	2297.42	0.12%	2.62%	Up
¹The Market Trend is derived from our proprietary market model. The market model is described on the sitehere. ²The site also shows industry rankings based on fundamentals, combined technical and fundamentals, and on price alone. The site also shows daily industry movements.

Best Performing Index
1 Week	13 Weeks	26 Weeks	Year-to-Date
S&P 500	NASDAQ Composite 12.29 %	NASDAQ Composite 8.54 %	NASDAQ Composite 5.27 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Basic Materials Wholesale	Basic Materials Wholesale	Regional - Southwest Banks	Manufactured Housing

Most Improved Industry (by change in technical rank²)
Publishing - Periodicals 107	Publishing - Periodicals 99	Long Distance Carriers 199	Long Distance Carriers 211
Charts of each industry rank and performance over 12 months are available on the site

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