7:00 AM – MORNING MARKET UPDATE & WATCH LIST
SEE ALL MY CURRENT WATCH LISTS HERE: James’ Stock WatchLists
After 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).
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.
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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