– 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]Y[/dropcap]esterday, the Dow closed up +0.8%, logging its third consecutive day of gains. The S&P 500 also ended up the day +0.8%, as the Nasdaq gained +0.6%.
QUOTE OF THE DAY:
“If D-Day – the greatest amphibious operation ever undertaken – failed, there would be no going back to the drawing board for the Allies. Regrouping and attempting another massive invasion of German-occupied France even a few months later in 1944 wasn’t an option.”
– Douglas Brinkley
This morning, European markets opened higher after a mixed session for stocks in Asia. Britain’s FTSE 100 rose +0.6%, while Germany’s DAX index gaining +0.5%.
In Hong Kong, the Hang Seng rose +0.2%, while Japan’s Nikkei closed flat. The Shanghai Composite, however, dropped -1.2%.
Today, the ECB and Reserve Bank of India have rate decisions scheduled.
We also have Europe’s GDP growth estimate and Beyond Meat earnings.
We are watching for a “follow-through day” to officially put the market back into a confirmed uptrend.
____________________________________________________
REALTED LINKS:
VICE PRESIDENT MIKE PENCE TO ATTEND
75TH ANNIVERSARY COMMEMORATION AT THE
NATIONAL D-DAY MEMORIAL
____________________________________________________
BREAK OUT UPDATE:
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!
| SYM | LAST | ADDED TO WATCH LIST |
BREAK OUT PRICE |
BREAKOUT DATE |
| HSY | $136.01 | 2/14/19 | $110.40 | 2/20/19 |
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
| MAX BUY PRICE |
1st SUPPORT |
2nd SUPPORT |
MAX STOP LOSS GUIDE | % GAIN/ LOSS |
| $115.92 | N/A | N/A | $101.57 | +23.2% |
____________________________________________________
Now You Can Request a Complimentary Copy of James’ Flagship Weekly Newsletter…
The Sunday Stock Report
James’ long-running weekly newsletter is completely focused on only highly-ranked stocks which match up very favorably with the proven and winning guidelines.
It features only about 6 – 12 stocks on average in a weekly watch list.
We’ve found that this watch list is ideal for short-term 0r intermediate-term traders, as well as longer-term investors.
Each stock has both strong fundamentals for potential longer-term growth and the solid technical characteristics which may be more appealing to shorter-term traders who like to buy breakouts and sell a few days later with good profits.
REQUEST YOUR COMPLIMENTARY COPY HERE
____________________________________________________
WATCHLIST UPDATE:
I continue to run stock screens on a daily basis searching for high-ranked leaders, with solid fundamentals that are building bullish technical bases.
I ran my routine stock screens this morning and added 8 new stocks to my Technical SetUps WatchList. I also added a new stock to the High-Ranked Leaders WatchList.
There are now 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.
_________________________________________________
_________________________________________________
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.