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