6:00 AM – MORNING MARKET UPDATE & WATCH LIST
SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists
[dropcap]U[/dropcap].S. stock futures and global stock markets, including shares of Asian and European automakers, tumbled Friday after President Donald Trump said the United States will impose a 5% tariff on all Mexican imports.
QUOTE OF THE DAY:
“People aren’t born strong. People grow stronger little by little, encountering difficult situations, learning not to run from them.”
– Christina Grimmie
Japan’s Nikkei slumped -1.6%, while South Korea’s KOSPI was mostly flat. Markets in Europe also opened lower. Britain’s FTSE 100 index fell -0.8%. Stocks in Germany shed -1.3%, and in France, they dipped -1%.
Stock futures indicated that those losses would extend to the United States. The Dow is poised to fall -230 points, or -0.9%, when markets open. The S&P 500 is tracking similar losses, while the Nasdaq could drop -1.1%.
Today is the last trading day of May, and it has been a brutal month for the major indexes. The S&P 500 has dropped -5.3%, its first May decline since 2012, when it lost -6.3%. The Dow Jones, has fallen -5.4%, while the Nasdaq Composite has slumped -6.5%.
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.
Now just $9 a month through James’ BuyingBreakOuts.com website.
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There are still 12 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.
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.