Hey Guys,
The market went down yesterday and hasn't yet rebounded. The S&P 500 is around 4,315 right now.
The S&P 500 has crossed the 4,350 price mark seven days in a row, so let's see if it rebounds and gets magnetized back to that spot. Later today, Fed Chair Jerome Powell is scheduled to give a speech, and that might put a charge into the market in either direction.
I haven't taken on any new positions yet today. As always, I have buy limit orders set up for tickers on the watch list in the Stocks and Options sections.
Yesterday, there were a couple tickers that showed up on the Triggered List in the Low-Priced Stocks section (XPO and X). Those are trades you can consider if you're eager for some trading action. I didn't trade those in my live accounts because I only trade stocks that have a market capitalization greater than $10 billion. That's due to the fact that they have the strongest edge in back tests. But I also publish the Low-Priced Stocks group for those interested since they also have an edge in back tests, albeit not quite as strong.
If you have any questions or feedback, I'd love to hear from you.