Richard-James– 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.


9:00 AM – MORNING MARKET & WATCH LISTS UPDATE

NOTE: Today’s watch list can be found here.

On Thursday, the Dow Jones closed +1.2% higher. The S&P 500 gained +0.8% and the Nasdaq jumped +1%.

This morning U.S. stock futures are pointing to a higher open.

European markets opened their Friday morning mixed. UK stocks were lower, while markets in Germany and France advanced.

China markets posted losses, while stocks in Japan and Korea gained.


QUOTE OF THE DAY:

“Nobody who ever gave his best regretted it.”
– George Halas


It’s a big day for bank earnings.

JP Morgan (JPM), Wells Fargo (WFC), Citigroup (C) and PNC (PNC) are all slated to release their latest results before the bell.

Financial shares have rallied in anticipation of a strong earnings season, with Citigroup, Bank of America (BAC) and Goldman Sachs (GS) closing nearly +3% higher on Thursday.

We had another buyable breakout yesterday as shares of MLCO traded above their TRIGGER PRICE with the required volume.

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

We now have a total of 12 stocks which we will be watching for a buyable breakout here.

One stock in particular is TREX which continues building its base.

Chart courtesy of stockcharts.com – Click chart to enlarge.

No one has to wait for me to issue any type of alert. Any gains above the stock’s TRIGGER PRICE while the day’s volume is at least on pace to make the TRIGGER VOLUME would have this set up confirming a BUY signal up to the MAX BUY PRICE.

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 james@jamestaulman.com as I would be glad to assist you. _________________________________________________

About the Founder: Richard-JamesJames 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.