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

3:29 PM

The major averages continue to hold onto their sharp gains as we head into the final 30-minutes of trading.

Financials are again taking the lead, and our bank stocks are all making continued gains today.

We have four stocks from our watch lists trading above their TRIGGER PRICE this afternoon – TBI, MEI, ENV, and PACW.

Only MEI looks to be close to making its TRIGGER VOLUME and confirming a BUY signal. However, the company is about to announce earnings tomorrow before the open.

As far as our previous breakouts…

Both our MRVL and SGMS have earnings tomorrow after the close.


2017 Portfolio – Updates

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

TSM – Continues trending lower even as the market is up strong. Shares are starting to dig into our noted 1st SUPPORT of the highs of the previous base. This is a concern.

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

MBLY – Quite trading today.

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

DPZ – Still experiencing some earnings volatility as shares blasted higher yesterday on the announcement, yet are now pulling back today. As eclipse of the recent lows at $182.50 would be the first concern.

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

TXN – Making gains today, yet volume lacks conviction.

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


TrendLine Portfolio – Updates

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

GHL – Decent gains today, yet volume lacks conviction.

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

SCHW – After a sell off yesterday as the company announced its was lowering its fees, shares are sharply higher by +7% and making new multi-year highs today.

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

 

 

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