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THU 5/16: Futures Higher as New Rally Attempt Continues

– James F. Taulman, former Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.


8:45 AM – MORNING MARKET UPDATE & WATCH LIST

SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists

[dropcap]O[/dropcap]n Wednesday, the Dow finished up +0.5% while the S&P 500 rose +0.6%, and the Nasdaq climbed +1.1%.


QUOTE OF THE DAY:

“Real happiness is cheap enough, yet how dearly we pay for its counterfeit.”
– Hosea Ballou


This morning, stocks in Asia were mixed. South Korea’s KOSPI index fell -1.2% and Japan’s Nikkei index dropped -0.6%. Meanwhile, Hong Kong’s Hang Seng index rose less than +0.1% and the Shanghai Composite jumped nearly +0.6%.

European markets opened lower.

U.S. stock futures are pointing considerably higher with the Dow set to open +70 points.

Walmart (WMT) is set to release earnings before the market opens.

Baidu (BIDU), NVIDIA (NVDA) and Pinterest (PINS) will post their results after the close.

MORE HERE FROM IBD: Dow Jones Futures: Stock Market Rally Set To Pass Key Test As Two Dow Giants Rally On Earnings

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Now You Can Start Receiving James’ –
Stock WatchList: Morning Update

Early each market morning James diligently screens through hundreds of high EPS and RS ranked stocks that have solid fundamentals.

He is looking for those select few which are setting up in sound technical bases and which looked poised to breakout that day.

Each stock is listed with specific trading criteria such as a TRIGGER PRICE, TRIGGER VOLUME and MAX BUY PRICE.

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WATCHLIST UPDATE FOR WEDNESDAY:

I ran my routine stock screens early this morning, and added another new stock to our watch lists.

We now have a lucky 13 stocks on our watch lists.

Current Personal Portfolio Members can access all watch lists with updated trading criteria including – TRIGGER PRICE, TRIGGER VOLUME, and MAX BUY PRICE for every stock here.

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About the Founder: James F. Taulman – James served as Editor-in-Chief of the first independently licensed website that offered stock reports and services based on the CAN SLIM® investment system. He has developed a knack for being able to quickly and accurately analyze high-ranked stocks based on this winning investment strategy. Over the years, Mr. Taulman has enjoyed assisting individuals from professional money managers to private investors with their needs in relation to implementing this investment approach on a daily basis in the current marketplace. Each Sunday you could hear him deliver his weekly market report as part of the “Your Money Matters” radio program on ABC and CBS radio networks.

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Disclaimer: James Taulman is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The independent contractors and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company’s website, or in its publications, are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company’s products (collectively, the “Information”) are provided for informational and educational purposes only and should not be construed as investment advice.