Hey Guys,
The market is up this morning. The MES futures are around 4,040, which is a good chunk above that key 4,000 price level.
I haven't taken on any new positions today. Overnight, Micron reported earnings and the stock jumped, and that may have lifted Intel and other tech companies that were on my watch list. That took them further away from my target entry prices since I buy stocks as they come down in price.
That said, the watch list keeps getting bigger, which is probably a sign of forthcoming trade activity. I also noticed that some tickers showed up on the Triggered List recently for the low-priced stocks, such as FSLR and ASAN. The low-priced stocks have a bit less back-tested edge than the stocks I trade in my live accounts, but they still have positive back-tested results overall.
If you have any questions or feedback, I'd love to hear from you.