– 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

This morning, U.S. stock futures were modestly mixed while European markets opened in positive territory. Stocks in Asia were also mixed.


QUOTE OF THE DAY:

“The great tragedy of science – the slaying of a beautiful hypothesis by an ugly fact.”

– Thomas Huxley


Yesterday, President Trump was optimistic as another round of trade talks between the United States and China concluded, saying a sweeping agreement was possible.

The longest US government shutdown in history has left experts guessing what the January jobs report that’s due before the bell on Friday will look like.

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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?”

Over the years, there has been just a handful of these professionals who have stood out from the rest, and who I would highly recommend to anyone who is looking for professional guidance.

One of them is Jack Elvestrom and here’s why… 

CONTINUED HERE

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Chevron (CVX), CIGNA (CI), Exxon Mobil (XOM), Honeywell (HON), Madison Square Garden (MSG) and Merck (MRK) will release earnings before the open.

Regardless of market conditions, I am always preparing a watch list of high-ranked leaders which are building bullish technical bases.

I ran my routine stock screens this morning, yet did not find any new stocks to add to our watch lists.

Thought I would share my personal notes from those stock screens.

LONGS

ADBE – Looks poised to breakout Friday.

BEAT – Looks poised to breakout Friday.

BL – Breaking out with volume.

BSX – Setting up.

CHD – Moving up from found support of the previous lows with a +86% increase in volume yesterday.

CRM – Breaking out with volume. Very high ranks overall.

DISCA – Breaking out on volume.

DOC – Breaking out on volume.

DTE – Solid action yesterday.

EGOV – Another huge breakout on earnings. Can’t chase it.

FE – Very nice base. Setting up to potentially breakout. TRIGGER PRICE: $39.98

FIVN – Solid move to new highs yesterday with volume. Broke out of our TrendLine WatchList on 1/7. Now +10%.

GIB – Looks poised to breakout Friday.

GPC – Nice above average volume gains yesterday, just after breaking out above its 50 DMA.

GTN – Setting up.

HRL – Nice above average gains yesterday.

HUBS – Nice above average gains yesterday.

MOGA – Breaking out with volume.

NXST – Another Media-Radio/TV setting up.

PLD – Breaking out on volume.

SEND – Breaking out on volume.

SWX – Setting up.

TEAM – Poised to breakout Friday.

TMUS – Looks poised to breakout Friday.

TWLO – Breaking out with volume. Cant chase.

VMW – Building a base.

SHORTS

CSIQ – Sharply extended.

GLOB – Negative reversal on Wednesday, then closes at the lows on Thursday as volume picks up.

We now have a total of 18 stocks which we will be watching for a potential breakout.

SEE ALL MY CURRENT WATCH LISTS HERE:  James’ Stock WatchLists

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 james@jamestaulman.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.