9:15 AM – MORNING MARKET UPDATE & WATCH LIST
Yesterday, the Dow closed off by -55 points, the Nasdaq lost -21 points, and the S&P 500 ended down -5 points, closing in the red for the third time in a row.
QUOTE OF THE DAY:
“Formal education will make you a living; self education will make you a fortune.”
– Jim Rohn
This morning, U.S. stock futures point slightly higher. Stocks in Europe rose in early trading, while stocks in Asia were a mixed bag, with indexes in China sliding.
Foot Locker and J.M. Smucker report earnings before the open.
We also have the release of the final University of Michigan consumer sentiment tally for November.
BREAKOUT ALERT UPDATE:
Our BEP contines making new highs.
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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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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