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James Taulman

Nasdaq Battles With 200 DMA Resistance

The obvious continues…

The market remains overbought, extended, and at formidable resistance.

The Nasdaq was not able to break above its 200-day moving average yesterday.

It does remain in a short-term uptrend.

We will just have to wait and see if it can break above there or finally turn back considerably.

Not much in today’s report as you can see.

However, that in itself says something.

If I can not find any high raked stocks setting up in bullish technical bases, then there is nothing to do.

Best to just wait it out in cash for the time being.

On Monday we had what looked like a great breakout. Actually if you include the stocks at my other site then we had several breakouts that morning.


CMN – Not doing horrible, but between closing off of the highs on Monday and yesterday’s loss it is getting back into its base.

CALM- Sold off yesterday with volume, on what was a relative calm day in the market.

GLOB – Major fail. Down -4% yesterday, and that is off the day lows. I sent a BUY: TradeTicker Alert in the AM and then a SELL: TradeTicket Alert in the PM just before the close.

Odds; not even 1 out of 3. Not what we are use to dealing with.

I will continue screening for potential LONGS or SHORTS as I do several times a day.

If I feel real good about getting into anything, I will let you know via email.


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.

James now runs two websites and a portfolio service where he features select stocks which match up very favorably with the guidelines of the winning investing system.

At his long-standing website, he produces a weekly newsletter that includes his High Ranked Leaders Watch List, and ongoing portfolio style coverage on breakouts from that concise list.

His newer site, is where he offers a stock watch list each market morning, emailed out as a Stock WatchList Morning Update. This report contains his hand selected stocks which looked the most poised to break out. There are also real-time "BreakOuts Alerts!" of stocks from that list which trade above his Trigger Price. These are sent via email to those who sign up for this free service.

Most recently James introduced - James Taulman's Personal Portfolio Service where he gives specific BUY, HOLD or SELL calls on suitable high-ranked market leaders. These selections have solid fundamentals along with bullish technical chart patterns. He also presents stocks for shorting and gives, SHORT and COVER alerts on those as well.

He designed this service to take only what he sees as the most sound stock selections from all of the services which he currently offers. This new service is basically how he uses the information which he has available to him, to trade a personal brokerage account.

Please feel free to email James directly at with any of your questions or concerns, as he would be glad to assist you.