Trade Aptitude

Results of Friday’s Best S&P Futures Turning Points: Buying 4517.00 caught the bottom of the day and offered 17.50 maximum before closing the session +11.00 points.

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

Buy 4521.00 stop 4517.00. Short 4598.50 stop 4604.25. 

The World Index: (+100/-100) eases from +14 to +7 in a world of mixed sentiment and low volatility.   

Catalysts: Nothing important on the economic calendar. 

Quick Tip: Insider Buying? 

Back on May 3rd of this year I blogged about how effective using Insider Buying is for future stock performance. On that day there was widespread Insider buying in the banking industry during the plunge from a few bank failures. 

Here’s how those trades worked out: 

TCBI +38% before settling +17% now.

LKFN +18% now. 

ZION +62% before settling +49% now. 

USB +31% before settling +22% now. 

How does that compare to the overall market? During the same time SPY reached a high of +11% and is now +9.50%.

Every day corporate insiders are buying shares in their companies. Not all of these buys move their stocks, but we have found how to filter for the best opportunities. Join us on Tuesday November 21st @ 7PM ET to learn how we find them. Register now!

Trade Fearlessly,

Mike Siewruk

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