After a Strong Day Yesterday – Futures Down Slightly

The major averages rallied yesterday.

Now futures off just somewhat.

We had our first breakout of the week, as shares of SCHW traded above their TRIGGER PRICE early yesterday morning.

A BreakOut Alert! was sent to all members.

schw100616

Chart courtesy of stockcharts.com – Click chart to enlarge.

I ran my regular stock screens early this morning, yet did not add any new stocks to any of our watch lists.

As regular reader know, early each market morning I diligently screen through hundreds of high EPS and RS ranked stocks that have solid fundamentals.

I am looking for those select few that are setting up in bullish technical bases and which looked poised to breakout that day.

The buy candidates that I find are then assigned their own specific trading criteria such as a Trigger Price and Max Buy Price and then each is listed in our – Stock WatchList: Morning Update and emailed out to subscribers, before the market opens for trading.

You can now receive a free copy of my Stock WatchList: Morning Update report – a concise watch list of high EPS and RS ranked stocks right in your email inbox.

LEARN MORE HERE

 

Any questions or concerns, please email me at james@jamestaulman.com.