– 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.


6:00 AM – MORNING MARKET UPDATE & WATCH LIST

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

The major averages started last week off strong with a gap open Monday morning, and then went on to close Friday at their highest levels of the new year. The indices are now within -2.5% of record highs.


QUOTE OF THE DAY:

“The Way to Get Started Is To Quit Talking And Begin Doing”

–  Walt Disney


After adding over +400 points during the previous week, the Dow Jones Industrials added another +496 points this past week.

The index netted a +1.9% weekly gain to close at 26,425 – well above the 26,000 hurdle .

The blue-chips have also cleared the previous highs of early November and late February. Those highs had been noted as an area of resistance, and now could offer support in the event of a pullback.

Chart services courtesy of stockcharts.com. Annotations by James Taulman.

The Nasdaq Composite gained +2.7% or +209 points on the week, adding to last week’s +1.1% advance. The index closed the first week of April just shy of the round-8000, at 7,938.

Chart services courtesy of stockcharts.com. Annotations by James Taulman.

The S&P 500 index added a solid +2.0% advance this past week closing at 2892.74, gaining +58 points.

The index closed Friday – up 7 sessions in a row – marking its longest winning streak in 18 months.

Chart services courtesy of stockcharts.com. Annotations by James Taulman.

With back-to-back bullish weeks, the market is now again in a confirmed uptrend. Also of note, there has been a reduction in the distribution day count which is currently – 4 on Nasdaq and 5 on S&P 500.

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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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I ran my routine stock screens over the weekend and added 3 new stocks to our watch lists.

There are a total of 17 stocks on our watch lists. – see here.

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

Current Personal 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: 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.