– 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.
7:00 AM – MORNING MARKET UPDATE & WATCH LIST
[dropcap]S[/dropcap]tock futures are considerably higher this morning with the Dow’s up over +70 points.
QUOTE OF THE DAY:
“It may sound simple, but both winning and losing can become a mind-set, and I won’t accept losing – ever.”
– Scottie Pippen
European markets are sharply higher as they climb for the sixth time in eight sessions. The FTSE 100 is up +1.08% while Germany’s DAX is up +0.87% and France’s CAC 40 is up +0.25%.
Asian markets finsihed their day mixed.
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RELATED LINKS
IBD: How To Trade Top Stocks: Spot These 5 Traits Of Proper Handles In Good Bases
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BREAKOUT UPDATE:
As we start the last trading day of the week, we have on one breakout.
Shares continued to new highs yesterday.
Support levels for BEP have been updated here.
(on the new “BreakOuts – Past 14-Days” tab)
| SYM | LAST | ADDED TO WATCH LIST | BREAK OUT PRICE | BREAK OUT DATE | MAX BUY PRICE | % GAIN/ LOSS |
| BEP | $39.24 | 9/19 | $38.04 | 9/23 | $39.94 | +3.15% |
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
NOTE: This stock was on my Technical SetUps WatchList. You can now start receiving my Technical SetUps WatchList each market morning through the BuyingBreakOuts website for only $9 a month here.
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BuyingBreakOuts.com
“Morning High-Ranked Stock Watch List & Intra-Day BreakOut Alerts”
Start Receiving Our Free BreakOut Alerts
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WATCHLIST UPDATE:
Now matter the status of the market, we should always have a current watch list ready.
I ran stock screens last night and added another stock to our watch list.
There are now 12 stocks that we will be watching for a traditional break out to new highs.
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.