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.


Today’s BreakOuts & Portfolios Update

3:01 PM

The major averages are modestly lower in afternoon trading.

We have no new breakouts today.


2017 Portfolio – Updates

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

WWD – Pulling back today after just breaking out yesterday. Volume is much lighter and even actually below average.

Our 1st SUPPORT in the 50-day moving average, which is currently at $69.65.

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

BWA – Holding up after yesterday’s solid +2.2% gains.

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

DPZ – Solid gains today of +3% to new all-time highs as the company announced earnings this morning.

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

IR – Some declines today of -1.4% as volume is below average and shares are above support of the 50 DMA at $78.50.

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

AVGO – Reports earnings tomorrow (Wed.) after the close.

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


TrendLine Portfolio – Updates

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

NTES – Inching to new all-time highs with an increase in volume.

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

INCY – After a solid gap open to new multi-year highs on Friday, and some follow-through gains yesterday, shares are off a bit today on lighter much volume.

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

MXL – Some declines today of -2%, yet volume is well below average.

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

CMD – Pulling back today -1.8%, yet volume is light in afternoon trading.

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

LCII – Declines today of -2.6%, yet volume is only about half to normal rate.

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

SCHW – Steep declines today of -3.9% with a sharp increase in volume of +214% as the company announced it is cutting it commission fees.

Next support is at the previous lows near $39.00.

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

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