– 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.
3:00 PM – Today’s BreakOuts & Portfolios Update
The major benchmarks opened this morning lower, but then turned higher, with the Nasdaq seeing some strength with help from biotechs.
Our AVAV, which was just added to our Technical SetUps WatchList this morning, broke out with a gap up on earnings.
Shares gapped up above the MAX BUY PRICE, hence the stock was never buyable under the guidelines.
A biotech from our watch list (EXEL) is breaking today, yet the volume is not confirming a BUY signal, and does not look likely to before today’s close.
2017 Complete Portfolio Updates
Below are stocks from our 2017 Complete Portfolio which have noteworthy action today.
CRM – Shares are making some decent gains today, yet voluem lacks convcition.
After a bit of a negative reversal on Friday, shares are held up at our 1st SUPPORT of the previous highs of the base near $91.50.
A – Continues inching higher, as volume is below average.
MDXG – Solid gains today (+6%) with above average volume (+31%).
GDDY – Nice price progress today, yet volume is below average.
RDNT – New highs today with volume conviction.
KKR – Solid above average volume gains today. Getting back above the 50 DMA.
KEM – Blasting to new highs today with a +161% increase in volume.
IR – Trading up from the 200-day moving average today, yet volume is below the normal rate.
ON – Breaking out again today with an increase in volume.
ALRM and DVMT – New highs today on above average volume.
MRVL – Continued gains today with volume.
2016 TrendLine Portfolio
Below are stocks from our TrendLine Portfolio which have noteworthy action today.
TSEM – Gap open gains today to new highs with volume conviction.
VMW – More new highs with above average volume.
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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.
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