– 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.
9:00 AM – MORNING MARKET UPDATE & WATCH LIST
SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists
[dropcap]L[/dropcap]ast week was another bullish week for stocks as the S&P 500 and the Nasdaq closed at new record highs, while the Dow Jones Industrials closed the week only slightly lower.
QUOTE OF THE DAY:
“With hard work and effort, you can achieve anything.”
– Antoine Griezmann
After closing higher the previous week, the Dow closed just -16 points or -0.06% lower this week.
The index ended at 26,543, up nearly +14% so far in 2019, and -1.5% below the all-time high.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
The Nasdaq Composite marked its fifth straight weekly gain, closing +148 points (+1.85%) higher on the week to a new 8,146.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
The S&P 500 index lost added +34.85 points or +1.20% this past week, closing at 2,939 for the first time.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
Earnings season continues in earnest with hundreds of companies set to post reports.
Loews Corp (L), Philips (PHG), Restaurant Brands International (QSR) and Spotify (SPOT) will release earnings before the open.
Alphabet (GOOG), Ethan Allen (ETH), MGM Resorts (MGM) and Yum China (YUMC) will follow after the close.
______________________________________
WATCHLIST UPDATE:
I ran my routine stock screens over the weekend and added 1 more stock to our watch lists.
There are now a total of 19 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.
Missed any of these morning reports? You can find all previous reports 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.