Breakoutwatch Weekly Summary 10/14/17

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

Weekly Commentary
New EPS Filter Suggestion - see Strategy Suggestions The major indexes made new all time highs once again this week although overall gains for the week were modest. The DJI had the strongest showing as earnings season opened and Financial stocks mostly exceeded expectations. NASDAQ volume was mostly at or below the 50 day average with the exception of Thursday when volume was higher but the result was a distribution day. As a consequence, the number of breakouts was significantly reduced to just 9 compared to 23 last week.

New Features this Week
No new features this week

Strategy Suggestions
Our latest strategy suggestions are here. While reviewing the strategy suggestions this week, I noticed an error in the proposed filters. The graphic showed that a filter of EPS >= 0 should be set. This is incorrect as that excludes stocks with negative projected EPS values. The correct setting should be EPS <= 99 to include all EPS vales.

Breakouts Summary by Watchlist for Week Beginning 10/09/17
List	Breakouts	Avg. Gain
CWH	8	2.33
SQZ	1	3.92
HTF		0
HSB		0
DB		0

Breakouts Detail for Week Beginning 10/09/17
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2017-10-10	RICK	CWH	n	25.90	26	93	27.64	6.72%	7.14%
2017-10-12	NMIH	CWH	n	12.60	13	82	13.35	5.95%	7.94%
2017-10-12	PAR	SQZ	y	10.46	12	96	10.87	3.92%	12.72%
2017-10-11	SA	CWH	n	12.90	13	82	13.4	3.88%	4.65%
2017-10-13	CF	CWH	n	36.51	37	86	36.8	0.79%	1.34%
2017-10-13	COUP	CWH	n	35.69	36	80	35.88	0.53%	0.87%
2017-10-13	FTAI	CWH	n	18.18	18	82	18.25	0.39%	0.77%
2017-10-12	FBNK	CWH	n	28.25	28	81	28.35	0.35%	0.88%
2017-10-13	NFLX	CWH	n	199.40	199	95	199.49	0.05%	0.71%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday October 13, 2017
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
GNBC	24.40	316,173	Green Bancorp - Inc. - Common Stock	Money Center Banks	96	23.35
WRLD	86.32	159,194	World Acceptance Corporation - Common Stock	Credit Services	95	82.88
FRBK	9.70	275,020	Republic First Bancorp - Inc. - Common Stock	Regional - Northeast Banks	94	9.15
CYD	23.83	117,114	China Yuchai International Limited Common Stock	Diversified Machinery	93	23.19
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	22871.7	0.43%	15.73%	Up
NASDAQ	6605.8	0.24%	22.71%	Up
S&P 500	2553.17	0.15%	14.04%	Up
¹The Market Trend is derived from our proprietary market model. The market model is described on the site here. 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	Dow Jones 4.65 %	NASDAQ Composite 12.79 %	NASDAQ Composite 22.71 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Research Services	Aluminum	Aluminum	Aluminum

Most Improved Industry (by change in technical rank²)
Semiconductor - Memory Chips 116	Medical Practitioners 214	Medical Practitioners 213	Medical Practitioners 214
Charts of each industry rank and performance over 12 months are available on the site

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