Outperformance by Trade Aptitude

Yesterday’s results: Neither trade idea triggered.

Today’s Best S&P Futures Turning Points: Buy 6100.00 stop 6096.25 if price retraces down from above. Short 6079.50 stop 6083.75 if price retraces up from below. 

The World Index: (+100/-100) remains at +7 with sentiment mixed on low volatility. 

Catalysts: Trade Balance & Jobless Claims @ 8:30. Fed’s Barkin @ 11:30 and 12:15. 

Quick Tip: Outperformance

If you search for the “best mutual fund manager in history” you’ll find an article listing the top 5. On this list is Peter Lynch, famous for making Fidelity a household name by growing the Magellan fund to $13 Billion in assets while simultaneously doubling the S&P return. 

Clearly Lynch was a talented stock picker. Part of his research involved Insider trades. He commissioned a research firm to collect and analyze all the filings with the SEC. This was before the internet, so you can imagine how time-consuming the task was. 

To this day Insider buys of a certain type remain a key leading indicator of stock price. You can use them as an entry or in concert with your preferred entry rules to add significant edge to your trading. 

For example, our software identified Marvell, ticker MRVL, as a buy in October. The CEO bought $1 million of stock around $77. Today it’s $118. The $80 strike call options expiring 12/20 were $7.00. Today they’re $39 for a 457% return. Learn more about true leading indicators in this complimentary training. 

Our trading teams focus on multiple strategies for day trading futures and high-probability candidates for swing trading options. You can try either or both risk-free.

Trade fearlessly,

Mike Siewruk