– 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.
7:15 AM – MORNING MARKET UPDATE & WATCH LIST
[dropcap]Y[/dropcap]esterday, the Dow gained another +31 points, the S&P 500 added just +1 point, while the Nasdaq advanced just +9 points.
QUOTE OF THE DAY:
“Paying attention to simple little things that most men neglect makes a few men rich.”
– Henry Ford
This morning, U.S. futures point higher. Markets in Europe were mixed in early trading. In Asia, Hong Kong’s Hang Seng ticked up, while the Shanghai Composite and Japan’s Nikkei lost ground.
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BREAKOUT ALERT UPDATE:
Here is a update on several of our recent BreakOut Alerts.
Previous BreakOut Alert GIB (+3%) – building support at the recent lows near $82.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
October BreakOut Alert LAD (+11.6%) nears support of its 50 DMA ($151.21).
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
November BreakOut Alert TGT (+5%) breaks out again – closes at a new high.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
Friday’s BreakOut Alert ENTG – continues inching higher, above noted 1st SUPPORT.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
Our JBL BreakOut Alert closes the day with +9% gains after earnings.
Chart services courtesy of stockcharts.com. Annotations by James Taulman.
NOTE: These stocks were first featured in my “Stock WatchList: Morning Update” before they broke out. You can now start receiving my “Stock WatchList: Morning Update” each market morning through the BuyingBreakOuts website for only $9 a month or just $97 for an entire year here.
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BuyingBreakOuts.com
“Morning High-Ranked Stock Watch List & Intra-Day BreakOut Alerts”
Start Receiving Our Free BreakOut Alerts
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WATCHLIST UPDATE:
No matter the market, I always have a current watch list ready. We had another BreakOut Alert yesterday. There are now 6 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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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.