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.


3:30 PM – Today’s BreakOuts & Portfolios Update

[dropcap]A[/dropcap]ll three of the major benchmarks are firmly lower with the indexes on track to fall for three consecutive sessions in unison for the first time since mid April.

We do not have any new breakouts today, rightfully so.

Current holdings should be judged on a case-by-case basis with the technically weakest stocks or those violating support being sold first.


2017 Complete Portfolio Updates

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

GDDY – After just breaking out yesterday on earnings, shares are sharply lower today with expected volatility.

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

ENV – Just broke out huge yesterday (+16%) after announcing earnings.

Shares are off today -2% in a relatively more calm manner.

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

KLXI – Pulling back today with the broader market.

Breaking the 50 DMA ($50.87), yet volume is not above average.

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

WAL – Down today -3%, yet volume is below average.

Support is at the 200-day at $48.01.

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

CSFL – Down today to support of the 200-day moving average ($24.37).

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

TSM – Pulling back today and breaking below the 50-day moving average ($35.88), yet volume is below the normal rate.

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

TFX – Off today nearly -2%, yet volume is below average.

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

OCLR – New recent lows today. Not recovering from the recent sell off on earnings.

As of today, this stock will be removed from coverage in this series of reports.

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

ON – Declines today with an increase in volume.

Significant support is at the 200-day moving average, which is at $14.15.

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

ALRM – After blasting to new highs yesterday on earnings, shares are only off marginally today.

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

VRNS – Broke below the 50-day moving average yesterday, and is making some continued declines today.

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

WDC – Down today to support of the 200-day average at $78.39.

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

KKR – Continued declines today below the 50-day moving average.

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

ESNT – Third day of above average volume declines today.

Shares are now at support of the 50-day moving average ($37.65).

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

ABMD – Declines today of -2.5% along with the overall market.

Volume is only about average.

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


2016 TrendLine Portfolio

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

TSEM – Above average volume declines today.

Support is at the previous lows near $23.50.

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

NTES – Selling off today on earnings.

  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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