A proprietary screening system has identified 19 breakouts from a cup with handle pattern. 19 is the most breakouts this system has identified in one day since October 2006.

Here are some of my favorites from the screen.

[[KSU]]

[[NSC]]

[[RKT]]

[[SOHU]]

[[MXI]] Odd that this ETF is breaking out…

I do not recommend buying these names tomorrow. I would wait for a pullback. After a day like today, where breadth was extremely bullish, weakness is more likely than strength, over the next five days. More on this in the next post.