– 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.
7:45 AM – MORNING MARKET & WATCH LISTS UPDATE
NOTE: Today’s watch list can be found here.
On Tuesday, the S&P 500 closed +0.3% higher as the Nasdaq added +0.9%. The Dow Jones industrial average which was sharply lower mid-session, shed just -0.3%.
This morning, U.S. futures are slightly higher.
Major European markets opened higher, while stocks in Asia ended their session mixed.
QUOTE OF THE DAY:
“One way to get the most out of life is to look upon it as an adventure.”
– William Feather
CVS Health (CVS), Energizer (ENR), Estee Lauder (EL), Garmin (GRMN), Humana (HUM), MasterCard (MA), Molson Coors Brewing (TAP), and Yum! Brands (YUM) will release earnings before the open.
Avis Budget (CAR), Caesars Entertainment (CZR), Express Scripts (ESRX), Fidelity National (FNF), Fitbit (FIT), Hyatt Hotels (H), Kraft Heinz (KHC), MetLife (MET), Spotify (SPOT), Sprint (S), Square (SQ), Tesla (TSLA), and Valvoline (VVV) will follow after the close.
The US Federal Reserve will announce an interest rate decision at 2:00 p.m. ET.
Economists expect the central bank to keep rates on hold, but they will pay close attention to any details that give a sense of the bank’s plans.
The Fed signaled in March that the path of future rate hikes could be “slightly steeper” over the next few years than previously thought.
We still have a total of 15 stocks which we will be watching for a buyable breakout here.
One stock in particular is PRTY, which traded +1.6% higher yesterday with a +121% increase in volume.
Chart courtesy of stockcharts.com – Click chart to enlarge.
No one has to wait for me to issue any type of alert. Any gains above the stock’s TRIGGER PRICE while the day’s volume is at least on pace to make the TRIGGER VOLUME would have this set up confirming a BUY signal up to the MAX BUY PRICE.
Current 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 firstname.lastname@example.org 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.