Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: Buying 4307.50 picked the bottom of the session and ran for 8.25 points at the close. Holding into the Globex session saw a 29-point run, still open. 

Today’s Best S&P Futures Turning Points (consider wider stops and less size in fast moving markets): 

Buy 4288.75 stop 4285.25. Short 4367.50 stop 4371.75.

The World Index: (+100/-100) jumps from -57 to +29 with most major world markets mildly Bullish on low volatility. 

Catalysts: Durable Goods @ 8:30. Crude Oil Inventories @ 10:30. Government shutdown drama. 

Quick Tip: Swing This Way

Most swing traders use technical indicators and chart patterns to enter and exit their trades. 

Here’s an interesting twist: Starting with high quality high yield (dividend) stocks, use the yield to time entries and exits. Buy when the yield is high (price has dropped) and sell when the yield falls (price has risen).

But how can you find the best high yield opportunities? Follow the Insiders buys. No one knows more about the likely direction of a stock. Using our proprietary software, InsidersEdge, you can scan for these major investments by Insiders quickly every day. 

They are buying their high yield stocks for two reasons. They want the dividend (currently high), and they expect price to rise. Once the price rises, the yield will fall. Take your capital gains and find your next dividend-paying swing trade!

For a full demonstration, click here to watch the recording. But do it now because huge discounts expire this weekend. 

Trade Fearlessly,

Mike Siewruk

P.S. Feel free to share this newsletter with your trading buddies.