Hey Guys,
The market is in the same place as when I emailed yesterday. The S&P 500 is around 4,370 right now. The market took a dip yesterday, but it immediately rebounded. It's been showing a lot of strength the last week.
I haven't taken on any new positions yet today, but TAL and CBOE from the watch list are starting to get within range of triggering trades.
For both of those tickers, I have buy limit orders set up for the "Potential Entry" price shown on the watch list. CBOE has options, too, and I took the same approach to set up a buy limit order for those.
For those of you who use the Triggered List to get trade ideas, you may have noticed a couple tickers show up yesterday in the "Low-Priced Stocks" section at the bottom. Those are perfectly valid trade ideas as well. They have a profitable edge in back tests, but it's just not as strong as the one for tickers I feature in my live accounts (which are all at least $10 billion companies). You can definitely consider those Low-Priced Stock trades, particularly if you are itching for some trading activity.
If you have any questions or feedback, I'd love to hear from you.