As I mentioned last week - Seems everyone is expecting a rally into resistance of either the previous highs or the moving averages, then another pull-back. Received more ammo for that case over the weekend. I don’t like to predict nor listen to the crowd, however that scenario does seem likely. What I do is run my routine stock screens and see what shows up. There is nothing which has both the fundamental and technical characteristics which I am looking for as far in a LONG that I would feel good about adding to this portfolio service. There are no high ranked stocks of fundamentally sound companies setting up in bullish bases of consolidation that looked poised to break out. I know I am a tough grader when it comes to my potential buy candidates. I mean, we do have seven stocks on the watch list over at BuyingBreakOuts.com. Six of those I just added in the past three days. However, that watch list is of stocks which are more technically-based. Not really what I am looking for in this market. And… at this point, we have more SHORTS setting up there than LONGS. May only be 8 to 7 as of this morning with SHORTS ahead by 1. But there are more SHORTS coming. I know, I ran the screens over the weekend. There will be more SHORTS added to that list, soon. Here, we still have one SHORT on our watch list (FN) and one LONG position. FN nearly triggered (SHORT) on Friday and JCOM is still holding up. Of course there were a good number of stocks which reversed higher on Friday, along with the broader market. One that looks interesting, is EXLS. May make for a good day trade, just be carefull and do not chase it. NOTE: The above is an excerpt from my Daily Stock WatchList & Portfolio Update. This morning report includes my watch list for the day along with complete BUY, SELL, SHORT or COVER commentary on my current holdings. Make sure you do not miss any of these new reports, please take a moment and get signed up here. _________________________________________________________________ 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 SundayStockReport.com 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, BuyingBreakOuts.com 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 james@jamestaulman.com with any of your questions or concerns, as he would be glad to assist you.