Tuning Your Watch List by Trade Aptitude

Yesterday’s results: : No trades triggered. 

Today’s Best S&P Futures Turning Points: Buy 5936.25 stop 5931.25. Short 6002.75 stop 6007.75. 

The World Index: (+100/-100) drops from -7 to -21 with all major world markets neutral to Bearish on low volatility. 

Catalysts: Retail Sales, Empire State MFG Index, Import Prices @ 8:30. Fed’s Collins @ 9:00, Williams @ 13:15. Industrial Production @ 9:15. Business Inventories @ 10:00. 

Quick Tip: Tuning Your Watch List 

Stock and option traders have a challenge that futures and Forex traders don’t have. How to winnow down your trading candidates from nearly 9000 stocks. 

There are some common filters that are easy to implement like price and volume. Picking stocks that are between $10 and $50 reduces the selection to 2200. Add in average volume over 1 million daily and you’re down to 562. 

You can keep adding filters to get to a manageable number, but you still don’t have any idea about the future direction of the stock. 

And some of those stocks that were filtered out may be poised for an explosive move. 

The key to building an efficient Watch List is timing. How can you filter for stocks that are ready to move? 

Most traders will depend on news feeds, price chart analysis or technical indicators. 

But you can do much better. As you might imagine, plenty of research is done by Wall Street and academia to find this edge. 

Here are two highly effective filters proven through dozens of research projects and hundreds of trades our team has taken that you can use: Insider Buying and Unusual Options Activity. 

Learn more in this free training session. No disappointments!

Trade Fearlessly,

Mike Siewruk

P.S.  Feel free to pass this along to your trading buddies. Share in the wealth!