7:00 AM – MORNING MARKET UPDATE & WATCH LIST
The major averages made a solid rebound yesterday after Tuesday’s sharp losses as politics and trade were again the focus.
QUOTE OF THE DAY:
“Success is almost totally dependent upon drive and persistence. The extra energy required to make another effort or try another approach is the secret of winning.”
– Denis Waitley
This morning, European benchmarks moved higher, inspired by fresh hopes over U.S.-China trade talks.
China’s government says importers have agreed to buy American soybeans and pork. Also driving optimism over U.S-China trade talks was Wednesday’s news that the U.S. and Japan had signed a limited trade deal.
The German DAX rose +0.49%, the French CAC climbed, +0.77% and the U.K. FTSE 100 was up +1.10%.
Our only breakout so far this week.
Shares have thus far held onto their breakout gains.
Support levels for BEP have been updated here.
(on the new “BreakOuts – Past 14-Days” tab)
|SYM||LAST||ADDED TO WATCH LIST||BREAK OUT PRICE||BREAK OUT DATE||MAX BUY PRICE||%
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
NOTE: This stock was on my Technical SetUps WatchList. You can now start receiving my Technical SetUps WatchList each market morning through the BuyingBreakOuts website for only $9 a month here.
Now matter the status of the market, we should always have a current watch list ready.
I did not add any new stocks to our watch lists this morning.
There are now 12 stocks that we will be watching for a traditional break out to new highs.
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.
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