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.


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

As we all witnessed yesterday the Dow fell -1.2%, with all 30 of the stocks in the index in the red. It was the biggest decline for the Dow since May. The S&P 500 closed down -1.5% and the Nasdaq lost nearly -2% on the session.

The VIX volatility index surged more than 30% on Thursday, while CNN Money’s Fear & Greed index of market sentiment is back in “extreme fear” territory.

The latest attacks in Spain are weighing on markets across the world as all major European markets were lower at the open. The main stock market in Madrid dropped almost -1.2%, while London’s FTSE 100 and Germany’s DAX were both down by -0.9%. Asian markets also ended the session lower.


“The past cannot be changed. The future is yet in your power.”
– Unknown

This morning we heard quarterly results from Estee Lauder (EL) and Foot Locker (FL). Foot Locker shares were slightly down in premarket trading.

The University of Michigan will release preliminary data for consumer confidence in August at 10 a.m. ET.

As far as our watch list for today…

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

With no new breakouts yesterday, we still have a total of 18 stocks which we will be watching for a possible breakout here.

One in particular is REI which did pull back yesterday along with the broader market, yet the volume on this stock was well below the normal daily rate. Shares did find support right at their 200-day moving average ($12.35).

  Chart courtesy of – Click chart to enlarge.

No one has to wait for me to issue any type of alert. Any trading 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.

NOTE: If you would like to be notified via email or text message when one of these stocks breaks out, make sure you are on the BreakOuts Alerts list here.

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NEW! – 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 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.