Hey Guys,
The market showed more strength yesterday, which is promising, but it's slightly cool this morning so far. The S&P 500 is around 5,465 as I type this.
I didn't take any trades today, so it's another quiet day for me. As always, I follow the trading plan to the letter, and if that means no trades on a given day, then that's what I do.
I talked yesterday about how those who are looking for more trading action can consider the tickers in the Low-Priced section of the Watch List.
That section is laid out in a way that accommodates stock trades, but they can be converted into option trades using my options calculator.
I made a quick video this morning to explain how you could take the HRB ticker, for example, and convert it into an option trade:
https://www.youtube.com/watch?v=5qgI2xpeLqE
So whether you prefer stocks or options, you can consider the Low-Priced section of the Watch List for more trade ideas.
If you have any questions or feedback, I'd love to hear from you.