Breakoutwatch Weekly Summary 06/02/18

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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
A Solid Employment Report Lifts Markets after a Turbulant Week A frenetic week of economic and and political events which produced two distribution days was rescued on Friday by an easing of the Italian and Spanish political tensions, news that the June 12 summit with North Korea is back on, and the release of the employment report for May, which featured a better-than-expected increase in non-farm payrolls and a lower employment rate than was expected. Wage growth rates were sufficiently moderate to constrain inflation fears. The result was a gap-up at Friday's open by the NASDAQ and a gain for the week of 1.6%, while the DJI lost 0.5% and the S&P 500 gained 0.5%. Although the NASDAQ closed higher on Monday, Wednesday and Friday, volumes were below average which limited the number of breakouts to 8 from a cup and handle pattern and 2 from a volatility squeeze.

New Features this Week
No new features this week

Strategy Suggestions
Our latest strategy suggestions are here.

Breakouts Summary by Watchlist for Week Beginning 05/28/18
List	Breakouts	Avg. Gain
CWH	8	3.22
SQZ	2	1.41
HTF		0
HSB		0
DB		0

Breakouts Detail for Week Beginning 05/28/18
Brkout Date	Symbol	Base	Squeeze	BrkoutOut Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2018-05-30	MHLD	CWH	n	8.13	8.45	84	8.7	7.01%	5.78%
2018-05-31	VNET	CWH	n	7.82	8.27	80	8.21	4.99%	2.05%
2018-05-30	LQ	CWH	n	20.91	21.62	81	21.62	3.4%	-1.2%
2018-05-31	ADI	CWH	n	95.34	97.18	94	98.4	3.21%	1.17%
2018-05-30	HNRG	CWH	n	7.31	7.64	81	7.53	3.01%	2.46%
2018-06-01	VMW	CWH	n	142.47	145.93	82	145.93	2.43%	0.65%
2018-05-30	CTX	SQZ	y	23.40	23.5	99	23.78	1.62%	0.3%
2018-06-01	CTX	SQZ	y	23.50	23.78	99	23.78	1.19%	-0.13%
2018-05-30	CRM	CWH	n	129.05	129.3	81	130.52	1.14%	-0.5%
2018-05-30	EXPR	CWH	n	9.10	9.16	81	9.15	0.55%	-5.71%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday June 01, 2018
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
OMEX	9.00	238,684	Odyssey Marine Exploration - Inc. - Common Stock	Business Services	98	8.98
MAR	138.96	2,608,512	Marriott International - Class A Common Stock	Lodging	97	138.34
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	24635.2	-0.48%	-0.34%	Up
NASDAQ	7554.33	1.62%	9.43%	Up
S&P 500	2734.62	0.49%	2.28%	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
NASDAQ Composite	NASDAQ Composite 4.08 %	NASDAQ Composite 10.32 %	NASDAQ Composite 9.43 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Manufactured Housing	Manufactured Housing	Manufactured Housing	Publishing - Books

Most Improved Industry (by change in technical rank²)
Toy & Hobby Stores 108	Tobacco Products - Other 135	Manufactured Housing 212	Manufactured Housing 212
Charts of each industry rank and performance over 12 months are available on the site

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