– 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.
8:15 AM – MORNING MARKET UPDATE & WATCH LIST
[dropcap]O[/dropcap]n Tuesday, the Dow closed higher by +32 points, the S&P 500 lost -5 points, and the Nasdaq ended lower by -23 points.
QUOTE OF THE DAY:
“One day your life will flash before your eyes. Make sure it is worth watching.”
– Unknown
This morning, stock futures are off modestly. Markets in Europe fell in early trading after stocks in Asia closed in the red.
President Donald Trump and top Chinese officials are prepared to sign their “phase one” agreement today.
Alcoa Inc, Bank of America, Unitedhealth Group, and Goldman Sachs are due to report earnings.
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CHART HIGHLIGHTS:
Last Week’s BreakOut Alert $MASI Makes Successful Test of 1st Support
Christmas Eve BreakOut Alert $FNV Prints Much Needed Green-Bar
Today’s BreakOut Alert $SPXC Closes at a New All-Time High
Previous BreakOut Alert $CCOI in a Steep Uptrend – Getting Extended From 1st Support
Previous BreakOut $ACGL Remains in a Healthy Uptrend
1st BreakOut Alert of 2020 $TJX Starts to Develop an Uptrend
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BREAKOUT ALERT UPDATE:
Yesterday, we had another BreakOut Alert as SPXC traded above its TRIGGER PRICE of $52.27.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
NOTE: This stock was first featured in my “Stock WatchList: Morning Update” before it broke out. You can now start receiving my “Stock WatchList: Morning Update” each market morning through the BuyingBreakOuts website for only $9 a month or just $97 for an entire year here.
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Have you seen the new
Premium Members Area at…
BuyingBreakOuts.com ?
Our new Premium Members Page now features the current watch list and past 30-days of breakouts.
These stocks are now presented with more data points – update continuously throughout the trading day.
Each selection is featured with an annotated chart – showing support levels and other specific trading criteria that is updated nightly.
See the latest watch list additions which are near a breakout, follow the ongoing chart analysis and updated support levels, for your holdings.
We also have a new, faster BreakOut Alerts system, – alerts are now available as a text message to your cell phone.
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WATCHLIST UPDATE:
No matter the market, I always have a current watch list ready. There are now 9 stocks that we will be watching for a traditional break out to new highs.
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.