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.