8:30 AM – MORNING MARKET UPDATE & WATCH LIST
The market continued higher yesterday as the busiest week for U.S. corporate earnings began to unfold.
QUOTE OF THE DAY:
“A memory without the emotional charge is called wisdom. ”
– Joe Dispenza
With trade negotiations between the U.S. and China reported to be making slow progress, investors will likely train their eyes on a deluge of corporate results, including nearly one-fourth of the S&P 500 index components this week and four Dow components which are due to report early Tuesday.
Global stock markets are also trading higher. The Stoxx Europe 600 was trading less than +0.1% higher. In Asia, China’s CSI 300 index finished up +0.4% and the Shanghai Composite gained +0.5%, while Hong Kong’s Hang Seng Index advanced +0.2%.
We had a record 4 new BreakOut Alerts! yesterday.
NOTE: These stocks were 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.
No matter the market, I always have a current watch list ready. There are now 14 stocks that we will be watching for a traditional break out to new highs.
Members can access all watch lists with updated trading criteria including – TRIGGER PRICE, TRIGGER VOLUME, and MAX BUY PRICE for every stock here.
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