Breakoutwatch Weekly Summary 01/19/19

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	Best Performing Index Best Performing Industry Most Improved Industry

Weekly Commentary
Breakoutwatch Trend Indicators Confirm Market Rally Our trend indicators turned positive on Monday, January 14 and the three major indexes continued to advance on the strength of the financial sector and growing optimism that tariffs on Chinese imports may be eased and the China may reduce the balance of trade between the two countries. This benefited the DJI and S&P 500 more than the NASDAQ which nevertheless gained a healthy 2.7% and leads the three major indexes for the year to date with a 7.9% gain. Historically, the NASDAQ tends to outperform the other two indexes and our data shows that breakouts are more likely to come from that index. The chart shows that volumes are still below average indicating there is still some reluctance over the sustainability of the rally and this constrained the number of breakouts we confirmed as having met the 1.5 times average volume requirement. I expect these reservations to dissipate as the rally moves forward.

New Features this Week
No new features this week

Strategy Suggestions
Our latest strategy suggestions are here.

Breakouts Summary by Watchlist for Week Beginning 01/14/19
List	Breakouts	Avg. Gain
CWH	4	2.77
SQZ	2	1.7
HTF		0
HSB		0
DB	1	4.58

Breakouts Detail for Week Beginning 01/14/19
Brkout Date	Symbol	Base	Squeeze	Brkout Price	Brkout Day Close	RS Rank^*	Last Close	Current % off BOP	Gain at Intraday High
2019-01-17	PAR	CWH	n	23.50	24.03	97	24.66	4.94%	5.66%
2019-01-15	VEEV	DB	n	101.39	101.4	95	106.03	4.58%	5.28%
2019-01-18	DPZ	SQZ	y	258.95	267.46	80	267.46	3.29%	3.49%
2019-01-15	AUDC	CWH	n	12.30	12.59	98	12.6	2.44%	5.45%
2019-01-17	RBA	CWH	n	35.42	35.64	84	36.25	2.34%	3.27%
2019-01-18	PKE	CWH	n	22.47	22.77	91	22.77	1.34%	1.93%
2019-01-17	JRVR	SQZ	y	38.85	39.48	81	38.89	0.1%	4.12%
^*RS Rank on day before breakout.

Top Rated Cup and Handle Stocks as of Friday January 18, 2019
Symbol	BO Price	BO Vol.	Company	Industry	RS Rank	Last Close
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	24706.3	2.96%	5.91%	Up
NASDAQ	7157.23	2.66%	7.87%	Up
S&P 500	2670.71	2.87%	6.54%	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 -2.9 %	Dow Jones -1.4 %	NASDAQ Composite 7.87 %

Best Performing Industry (by average technical score over each period)
1 Week	3 Weeks	13 Weeks	26 Weeks
Foreign Utilities	Foreign Utilities	Foreign Utilities	Auto Parts Stores

Most Improved Industry (by change in technical rank²)
CATV Systems 30	Long-Term Care Facilities 95	Synthetics 143	Synthetics 213
Charts of each industry rank and performance over 12 months are available on the site

If you received this newsletter from a friend and you would like to receive it regularly please go to the BreakoutWatch.com site and you will then be able to register to receive the newsletter.

Copyright (c) 01/19/2019 NBIcharts, LLC dba BreakoutWatch.com. All rights reserved.
" BreakoutWatch," the BreakoutWatch.com "eye" logo, and the slogan "tomorrow's breakouts today" are service marks of NBIcharts LLC. All other marks are the property of their respective owners, and are used for descriptive purposes only.

BreakoutWatch is not affiliated with Investor's Business Daily or with Mr. William O'Neil. Our site, research and analysis is supported entirely by subscription and is free from advertising.