9:00 AM – MORNING MARKET UPDATE & WATCH LIST
SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists
After a huge down day yesterday, stock futures are pointing sharply higher this morning. The Dow is poised to rise +150 points or +0.6%. The Nasdaq and S&P 500 are tracking +0.6% higher as well.
QUOTE OF THE DAY:
“Memorial Day this year is especially important as we are reminded almost daily of the great sacrifices that the men and women of the Armed Services make to defend our way of life.”
– Robin Hayes
European markets opened in the green. Britain’s FTSE 100 index jumped +0.7%, while stocks in Germany and France rose more than +0.9%.
Stocks in Asia finished mixed. Hong Kong’s Hang Seng index rose +0.3%. Japan’s Nikkei fell almost +0.2%.
I know some people may have snickered when I first put Hershey Co. (HSY) on our Technical SetUps WatchList, on of all days – last Valentines Day!
The stock went on to break out 4 sessions later.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
Shares did pullback to successfully test support in late-March while the broader market struggled.
Other than that, this selection kept advancing, making new all-time highs.
Now You Can Start Receiving James’ –
Stock WatchList: Morning Update
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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There are still 14 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.
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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