– 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.
7:00 AM – MORNING MARKET UPDATE & WATCH LIST
SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists
[dropcap]A[/dropcap]fter making some new highs Tuesday, the market pulled back slightly yesterday as the Dow shed -0.2% and the S&P 500 and the Nasdaq both dropped -0.2%.
QUOTE OF THE DAY:
“Virtually nothing is impossible in this world if you just put your mind to it and maintain a positive attitude.”
– Lou Holtz
Today, opening indicators are widely mixed with the Dow Jones futures being heavily pressured by 3M.
European markets opened with small losses. Stocks in Asia closed mostly lower. Markets in mainland China were the biggest losers, with the Shanghai Composite shedding -2.4%.
It’s another busy day for earnings. This morning we have 3M (MMM), Bristol-Myers (BMY), Comcast (CMCSA), Hershey Foods (HSY), Hess (HES), Raytheon (RTN), Southwest Air (LUV), UPS (UPS) and Xerox (XRX).
Up after the close there is Amazon (AMZN), Alaska Air (ALK), Capital One (COF), Ford Motor (F), GrubHub (GRUB), Intel (INTC), Mattel (MAT), Starbucks (SBUX) and T-Mobile US (TMUS).
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WATCHLIST UPDATE:
I ran my routine stock screens early this morning, and added 5 new stocks to our watch lists.
There is now a total of 20 stocks on our watch lists. – see here.
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.
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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.