Hey Guys,
The market got back into "up mode" and started climbing again yesterday and this morning. The S&P 500 is around 5,235 right now.
There have been no new trades yet today. Once the market has a day where it pulls back some, that likely will activate a number of positions. The watch list is now full of tickers, and we just need the price on them to come down in order to trigger some trades.
Speaking of the watch list, I've been asked about the section called Low-Priced Stocks. That is a section that I personally do not pull trades from, but you might find benefit from it.
I only take trades for stocks where the company has at least a $10 billion valuation, which are the stocks and options featured in the respective Stocks and Options sections of the watch list. The reason is because those stocks have a slightly stronger back-tested edge.
But I've gotten many requests from customers to cater to stocks that have lower share prices, so I created that section for Low-Priced stocks. Those stocks do not necessarily have a $10+ billion valuation, and therefore do not meet my personal criteria, but they still have an edge in back tests. So if you're looking for more trade ideas, you can check those out.
If you have any questions or feedback, I'd love to hear from you.