– 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
NOTE: Today’s watch list can be found here.
Yesterday was another horrible day for Wall Street.
The Dow dropped -1.6% on Monday and the S&P 500 shed -1.7%. The Nasdaq tumbled -3% as tech stocks including Apple (AAPL), Facebook (FB), Amazon (AMZN) and Google parent Alphabet (GOOGL) suffered heavy losses.
QUOTE OF THE DAY:
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.”
This morning, U.S. stock futures are lower, signaling another tough day of trading on Wall Street.
Looking for a Like-Minded Professional Who Manages Money ?
– James F. Taulman
One question that I am regularly asked is – “Can you recommend a professional who manages money using the same methodology which your services are based upon?”
One of them is Jack Elvestrom and here’s why…
European markets opened in negative territory on Tuesday. Germany’s DAX led the retreat, shedding over -1%.
In Asia, Japan’s Nikkei dropped -1.1% while benchmark indexes in Shanghai and Hong Kong lost roughly -2%.
No matter the condition of the current market you should always maintain a watch list of high-ranked stocks which are building bullish technical bases to potentially buy off of.
I ran my regular stock screens this morning, yet did not add any new stocks to our watch list.
We still have 6 stocks which we will be watching for the next buyable breakout – see here.
One of those is MSI which continues to trade above its 50-day moving average.
Chart courtesy of stockcharts.com.
You can learn more about MSI and see some of the stock’s rankings from IBD here.
Current 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.
As always, if anyone has any questions – please feel free to email me at email@example.com as I would be glad to assist you. _________________________________________________
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.