THU 12/11: MPC – CALLING A FINAL SELL SIGNAL (1/3) @ $187.50 -7.1%

3:48 PM – This stock has not participated in any of the recent market rally. Shares remain in a downtrend and are clearly under the 50 DMA.

SELL SIGNALS:
11/20 (1/3) @ $189.13 –6.3%
12/3 (1/3) @ $189.31 –6.2%
12/11 (FINAL 1/3) @ $187.50 –7.1%

OVERALL P/L: -6.5%

ULTRA Trader’s Tip: Respect Downtrends and Weak Relative Strength

    • When a stock underperforms during market strength, it reveals a lack of institutional demand.

    • Downtrends combined with moving-average violations signal technical deterioration that should not be ignored.

    • Freeing up capital from laggards keeps your portfolio focused on stronger, higher-probability opportunities.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

WED 12/3: MPC – CALLING A 2ND SELL SIGNAL @ $189.31 -6.2%

3:53 PM – Stock is clearly closing below its 50 DMA with a +31% increase in volume. Those are two technical violations that justify calling a SELL SIGNAL at today’s close.

SELL SIGNALS:
11/20 @ $189.13 –6.3%
12/3 @ $189.31 –6.2%

ULTRA Trader’s Tip: Respect Major Support Levels

  • A break below the 50 DMA often marks a deeper shift in trend.

  • Rising volume on the breakdown confirms institutional selling, not noise.

  • Acting early protects capital and preserves flexibility for stronger setups.

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Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

THU 11/20: MPC – SELLING (ALL) P/L: -$673.55 -6.7%

3:51 PM – Shares were turned back from their 10 DMA today, and the stock went on to close below the 50 DMA. I’m out.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

THU 11/20: MPC – CALLING A 1ST SELL SIGNAL @ $189.13 -6.3%

3:51 PM – Shares were turned back from the 10 DMA and went on to close below the 50 DMA, confirming a clear break in short-term momentum. Calling a 1st (1/3) SELL SIGNAL here.

SELL SIGNAL:
11/20 @ $189.13 –6.3%

ULTRA Trader’s Tip: Two Breaks = Strong Warning

  • A rejection at the 10 DMA signals fading momentum.

  • A close below the 50 DMA confirms deeper technical deterioration.

  • When both happen together, reducing exposure is the disciplined move.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

WED 11/19: MPC – Fell to its 50 DMA ($189.57) This Morning – A Break Below Would be a SELL SIGNAL.

11:02 AM – Shares have thus far diligently held at the 50 DMA support of $189.57. A break below there would be a SELL SIGNAL.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.

WED 11/12: MPC – BUYING (1/3) @ $201.82

10:08 AM – MPC is oil-related, and that group has been emerging with improving momentum. Oil prices did pull back today, which could influence near-term movement, but the broader trend remains constructive. Starting with a 1/3 position here and will be monitoring it closely.

BUY SIGNAL:
11/12 @ $201.82 (1/3 position)

ULTRA Trader’s Tip: Group Strength Matters
When an industry group begins to outperform, individual stocks often follow with stronger, more persistent trends. Aligning your buys with rising groups puts the wind at your back.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

 


James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.