– 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.
The Dow’s win streak was halted yesterday after 12 straight sessions of gains, the Blue Chips closed the day lower.
This morning, U.S. futures are sharply higher, (Dow +114) so regardless of any further records being made for the Dow, the major averages and this rally, continue to be very resilient.
World markets are also participating with gains today as European exchanges were all trading about +1% higher just after they opened.
Most Asian markets ended their day with gains, as Japan’s Nikkei jumped +1.4%.
A little closer to home…
WWD which was our most recent breakout, did pullback yesterday, yet the volume was lighter, actually coming in at about average. This of course is not the ideal action, however shares remained above support of the 50-day moving average.
A considerable break below there ($69.65) or a considerable close below there, would be a SELL signal.
FINAL DAY: For anyone who is not a current Premium Member, and would like to get access to all of the stocks currently on all of my watch lists you can now get a 30-Day Trial Membership for 50% off here.
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I ran my routine stock screens early this morning, and added one new stock to our Technical SetUps WatchList.
At this point, we have 4 stocks on our Technical SetUps WatchList and another 5 on our TrendLine SetUps WatchList. There continues to be 0 stocks which meet the strict criteria for the High-Ranked Leaders WatchList.
Premium Members can view all of today’s watch lists and annotated charts here.
Of those 9 high-ranked set-ups, I will be watching TBI closely today to confirm a BUY signal.
The company provides staffing, recruitment process outsourcing, and managed services in the United States, Canada, and Puerto Rico.
Shares are already trading above our TRIGGER PRICE of $25.65. Any gains from here with volume on pace to make the posted TRIGGER VOLUME would have this stock confirming a BUY signal up to its MAX BUY PRICE.
My standard formula is:
TRIGGER PRICE x 1.05 = MAX BUY PRICE
Current Premium Members can access the complete watch list with updated trading criteria including – TRIGGER PRICE, TRIGGER VOLUME, MAX BUY PRICE for every stock on our watch list here.
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About the Founder:
James F. Taulman – For more than 8 years James had served as Editor-in-Chief an 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.