Breakoutwatch Weekly Summary 07/01/17

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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

Newsletters on Hold Until September

I am heading to Europe on Monday for a 4 week vacation cycling the Alps and seeing friends and family in Paris and London. I will be answering email and support questions but there will be no newsletters until September.

The NASDAQ composite slipped 2% this week as technology stocks moved lower. Volumes were well below the 50 day average showing enthusiasm for the tech. sector is waning. Despite weakness in the NASDAQ index, compared to the other two major indexes, our market trend indicator for the index remains positive.

Volatility Squeeze stocks significantly outperformed cup and handle pattern breakouts this week with an average gain of 6.75%.

Since Goldman Sachs first warned that the FANG stocks (Facebook, Amazon, Netflix, Google) were showing signs of being in a bubble, support for them has eroded. Netflix and Alphabet (formerly Google) have been hit hardest as the following table shows.

Symbol	Name	Max. High	Last Close	% Loss
FB	Facebook	155.14	151.075	2.62%
AMZN	Amazon	1011.75	968.51	4.27%
NFLX	Netflix	166.87	149.41	10.46%
GOOG	Alphabet C	988.25	908.73	8.05%
GOOGL	Alphabet A	1008.61	929.68	7.83%

New Features this Week
No new features this week.

Strategy Suggestions
Our latest strategy suggestions are here.

Breakouts Summary by Watchlist for Week Beginning 06/26/17
List	Breakouts	Avg. Gain
CWH	11	-0.18
SQZ	4	6.75
HTF	1	1.44
HSB		0
DB	1	-2.75

Breakouts Detail for Week Beginning 06/26/17
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2017-06-26	STRL	SQZ	y	11.13	12	94	13.07	17.43%	18.78%
2017-06-27	SPNE	SQZ	y	10.70	11	84	11.52	7.66%	8.69%
2017-06-26	FSTR	CWH	n	20.15	21	95	21.45	6.45%	8.93%
2017-06-28	ESPR	CWH	n	44.54	48	98	46.31	3.97%	8.49%
2017-06-26	REGI	CWH	n	12.55	13	89	12.95	3.19%	3.98%
2017-06-29	PFBC	SQZ	y	51.95	54	85	53.47	2.93%	3.95%
2017-06-30	ARNA	HTF	n	16.65	17	99	16.89	1.44%	1.44%
2017-06-28	ENOC	CWH	n	7.65	8	89	7.725	0.98%	1.31%
2017-06-28	CSIQ	CWH	n	15.78	16	82	15.925	0.92%	1.39%
2017-06-28	CX	CWH	n	9.35	9	83	9.41	0.64%	0.86%
2017-06-28	CRY	CWH	n	19.93	20	82	19.95	0.1%	0.85%
2017-06-26	NRG	SQZ	y	17.40	18	81	17.22	-1.03%	2.01%
2017-06-28	ORBC	CWH	n	11.47	12	80	11.3	-1.48%	1.13%
2017-06-28	HCI	DB	n	48.31	49	88	46.98	-2.75%	1.95%
2017-06-29	BDE	CWH	n	6.80	7	87	6.6	-2.94%	2.94%
2017-06-29	BEBE	CWH	n	6.37	7	87	5.965	-6.36%	6.75%
2017-06-28	GBX	CWH	n	49.95	50	92	46.25	-7.41%	2.6%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday June 30, 2017
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
BPI	15.21	290,272	Bridgepoint Education - Inc.	Education & Training Services	97	14.77
FIG	8.04	1,577,922	Fortress Investment Group LLC	Asset Management	93	7.99
TGH	14.75	560,144	Textainer Group Holdings Limited	Rental & Leasing Services	93	14.50
PNRA	314.88	560,212	Panera Bread Company	Specialty Eateries	93	314.64
VAC	128.25	428,259	Marriot Vacations Worldwide Corporation	Resorts & Casinos	93	117.75
MRCY	43.15	674,556	Mercury Systems Inc	Computer Peripherals	92	42.09
NORD	32.79	1,080,273	Nord Anglia Education - Inc.	Education & Training Services	92	32.57
MTZ	46.35	1,222,474	MasTec - Inc.	Heavy Construction	92	45.15
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	21349.6	-0.21%	8.03%	Up
NASDAQ	6140.42	-1.99%	14.07%	Up
S&P 500	2423.41	-0.61%	8.24%	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
Dow Jones	NASDAQ Composite 3.87 %	NASDAQ Composite 14.07 %	NASDAQ Composite 14.07 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Home Health Care	Home Health Care	Consumer Services	Consumer Services

Most Improved Industry (by change in technical rank²)
Publishing - Periodicals 34	Publishing - Books 59	Computers Wholesale 185	Computers Wholesale 166
Charts of each industry rank and performance over 12 months are available on the site

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