Breakoutwatch Weekly Summary 12/02/17

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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
Data Reliability Has Been Compromised but Corrections are In Place Markets extended their gains this week driven mainly by expectations of a Corporate tax cut. Now that the Senate has passed its version it seems likely that a reconciled bill will pass both houses within a week or two, which should continue the bull market. The NASDAQ Chart is showing weakness as investors rotate out of technology (down 2%) and into telecom services (+6.7%), financials (+5.2%), industrials (+2.9%), and energy (+2.7%) (Source: Briefing.com); The site has experienced some data outages recently as both Yahoo and Google have changed their policies on allowing data downloads. Unfortunately watchlists for Thursday could not be produced on Wednesday, and there has been some inconsistencies in the daily reports. I have worked hard to find new, reliable data sources and I expect these difficulties to be behind us. Because watchlists were not available for Thursday, one of the strongest days for the NASDAQ, breakout statistics for the week are more slim than usual. I expect the data source changes already put in place will lead to more reliable data next week.

New Features this Week
No new features this week.

Strategy Suggestions
Our latest strategy suggestions are here.

Breakouts Summary by Watchlist for Week Beginning 11/27/17
List	Breakouts	Avg. Gain
CWH	1	5.75
SQZ	3	0.57
HTF		0
HSB		0
DB	1	1.7

Breakouts Detail for Week Beginning 11/27/17
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2017-11-30	SGMO	CWH	n	15.65	16	99	16.55	5.75%	12.46%
2017-11-30	RVNC	SQZ	y	27.11	28	90	27.65	1.99%	4.57%
2017-12-01	PTLA	DB	y	53.03	54	91	53.93	1.7%	3.17%
2017-11-27	UPLD	SQZ	y	23.00	23	91	23.13	0.57%	7.78%
2017-11-30	XENT	SQZ	y	30.36	31	95	30.1	-0.86%	1.45%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday December 01, 2017
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
CLUB	6.35	223,674	Town Sports International Holdings - Inc. - Common	Sporting Activities	97	6.20
SORL	8.45	970,558	SORL Auto Parts - Inc. - Common Stock	Auto Manufacturers - Major	95	7.18
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	24272	3.03%	22.82%	Up
NASDAQ	6874	-0.22%	27.7%	Up
S&P 500	2641.11	1.49%	17.97%	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 10.39 %	Dow Jones 14.46 %	NASDAQ Composite 27.7 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Auto Parts Wholesale	Auto Parts Wholesale	Resorts & Casinos	Aluminum

Most Improved Industry (by change in technical rank²)
Sporting Activities 82	Publishing - Periodicals 150	Medical Practitioners 214	Medical Practitioners 215
Charts of each industry rank and performance over 12 months are available on the site

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