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.


3:00 PM – Today’s BreakOuts & Portfolios Update

The sell off in the major averages which took the Nasdaq and the S&P 500 to below their respective 50-day moving averages is taking a pause today.

The major averages are sitting with marginal gains as we enter the final hour of the week’s trading.

We have no new breakout again today.


2017 Complete Portfolio Updates

Below are stocks from our 2017 Complete Portfolio which have noteworthy action today.

GDDY – Showing signs of a recovery from the earnings hit yesterday.

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

NMIH – Continues pulling back, yet volume today is light as shares are at support of the 50-day moving average ($11.49).

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

AER – Pulling back today -1.5%, yet volume is just below the normal rate.

Shares are above support of the 50-day morning average ($47.37).

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

WAL – Sold off yesterday -4.3%, as volume came in at about average.

Further declines today just below support of the 200-day at $48.12 as volume is lighter.

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

MRVL – After falling below support of the 200-day line yesterday, shares are making gains today, yet volume lacks conviction.

Any further declines would be the final sell signal.

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

TSM – Gains today of more than +2%, yet volume is below average.

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

SINA – Decent gains today +1.3% with an increase in volume as shares move up from the 50-day moving average support.

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

CSII – At support of the previous lows of $30.

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

ALRM – After blasting to new highs Wednesday on earnings, shares sold off only marginally yesterday, and now are making a positive reversal today with volume.

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

ESNT – Making a nice postive reversal today after blasting to new highs on Monday, then pulling back three days in a row with above average volume declines on a stock offering.

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

TSLX – Nice positive reversal today with volume.

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


2016 TrendLine Portfolio

Below are stocks from our TrendLine Portfolio which have noteworthy action today.

NTES – Holding up near the 200-day moving average ($271.11).

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

ABM – Pulling back today nearly -1%, yet volume is below average.

Shares are just above support of the 50-day moving average ($42.81).

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

MXL – New lows today with an increase in volume.

As of today, this stock will no longer be covered in this series of reports.

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

Any questions or concerns, please email me directly at james@jamestaulman.com

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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.

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