Trade Aptitude

Results of Friday’s Best S&P Futures Turning Points: Buying 5026.00 stopped out. Shorting 5022.50 on the retracement ran for 9.75 points. 

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

Buy 4972.75 stop 4969.25. Short 5026.50 stop 5031.00.

The World Index: (+100/-100) plummets from +67 to zero in a world of mixed sentiment and low volatility. 

Catalysts: Nothing important on the economic calendar 

Quick Tip: Smart Money

Who are your “Smart Money” Connections? 

Most traders don’t have even onelet alone many. 

For the longest time, I didn’t either. And now that I have many, I wouldn’t trade any other way. Following “Smart Money” trades is absolutely the best edge I’ve found in 25 years of trading. 

And I want to share this with you!

You’ll see all...

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Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: Neither trade triggered.

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

Buy 4885.00 stop 4881.50. Short 4882.25 stop 4885.75 if price falls below and retraces back. 

The World Index: (+100/-100) soars from +7 to +50 with most major world markets bullish on rising volatility. 

Catalysts: MFG & Services PMI Flash @ 9:45. Crude Oil Inventories @ 10:30. Earnings surprises (ASML kills it). China commits to stimulus. 

Quick Tip: Overbought?

Price soars way higher, it’s overbought. Price plunges way lower, it’s oversold. There are many indicators and chart patterns for verifying these conditions. 

The rub is these conditions can and do persist. Exiting too soon isn’t all that bad. All you did was make a little less profit. Entering the reversal too soon is trouble. 

The...

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Trade Aptitude

Results of Wednesday’s Best S&P Futures Turning Points: Neither trade level triggered. 

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

Buy 4767.25 stop 4761.50. Short 4797.50 stop 4800.75.

The World Index: (+100/-100) soars from -86 to +50 with most major world markets solidly Bullish. 

Catalysts: Jobless Claims, Philly Fed MFG Index, Building Permits, and Housing Starts @ 8:30. Crude Oil Inventories @ 11:00. Fed’s Bostic @ 11:30. World Economic Forum in Davos (all week).

Quick Tip: Think Risk First

You might be thinking, "Aren't we trading for the profits?" Yes, however, in the long term a well-structured risk management plan should outweigh the short-term profits you stand to gain.

Why? Trading is a marathon, not a sprint. Your goal is not just to gain high returns in the short run, but to sustain profitable trading over a long period.

...

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Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: Shorting 4799.25 stopped out. Buying the breakout failed as well. 

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

Buy 4739.00 stop 4733.25. Short 4830.50 stop 4835.75.

The World Index: (+100/-100) remains at -7 with most major world markets quiet.

Catalysts: Crude Oil Inventories @ 10:30. 10-year bond auction @ 13:01. Fed’s Williams @ 15:15. 

Quick Tip: The Levels of Demand

All markets are influenced by the forces of supply and demand. More demand than supply will push a stock price higher. 

But is all demand equal? 

The least influential source of demand is the investing public. Their trade size and knowledge of the future performance of the company are minimal. 

The next tier of influence is the institutions. Their trade size and knowledge of the future performance of...

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Trade Aptitude

investing swing trading Dec 13, 2023

Results of Tuesday’s Best S&P Futures Turning Points: Heartbreaker! Our buy at 4662.00 missed filling by ONE TICK, made the bottom of the session, and soared 36 points to the close! Reframe your thinking. You missed the trade but your strategy worked just fine. 

Today’s Best S&P Futures Turning Points (all trades are filtered out during FOMC release today): 

Buy 4662.00 stop 4658.25. Short 4777.00 stop 4781.75.

The World Index: (+100/-100) dips from +29 to +7 in a world of mixed sentiment and low volatility. 

Catalysts: PPI @ 8:30. Crude Oil Inventories @ 10:30. FOMC @ 14:00 and Press Conference @ 14:30 (most important). 

Quick Tip: Late to the Party

You probably get a stream of emails every day about trading. I sure do. 

I saw one yesterday that was touting buying Arbor Realty Trust (ABR) at $14.65 to lock in a 11.5% dividend yield. 

ABR was our InsidersEdge pick of the...

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Trade Aptitude

Results of Thursday’s Best S&P Futures Turning Points: Shorting 4581.00 stopped out. 

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

Buy 4572.50 stop 4569.00. Short 4628.50 stop 4632.75.

The World Index: (+100/-100) gains from -50 to +7 in a world of mixed sentiment and low volatility. 

Catalysts: Employment Report @ 8:30. UofM Preliminary Consumer Sentiment & Inflation Expectations. 

Quick Tip: Insider Buying Works

Your trading toolbox probably includes tools for the analysis of technical, fundamental, and sentiment data. All good. 

Significant research by Wall Street and academia has proven that Insider buying is predictive of positive future stock price performance. Of course, WHEN that abnormal positive move happens varies widely and understanding that is key to successfully using Insider buying data. 

If you’re...

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Trade Aptitude

 

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Trade Aptitude

Results of Tuesday’s Best S&P Futures Turning Points: Neither trade triggered. 

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 4628.50 stop 4632.75.

The World Index: (+100/-100) SOARS from -43 to +57 with all major world markets Bullish. Risk on.

Catalysts: ADP Non-Farm Employment Change @ 8:15. Revised Non-Farm Productivity & Costs @ 8:30. Crude Oil Inventories @ 10:30. 

Quick Tip: You’re Biased!

No offense. There are so many cognitive biases that affect our trading results, and everyone has some. Possibly the worst bias is called Personal Blind Spot.

It occurs when you fail to recognize your weaknesses and shortcomings, leading to suboptimal trading decisions and poor performance.

One of the primary ways to resolve this bias is through self-reflection and self-awareness. You must take the time to assess...

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Trade Aptitude

Results of Friday’s Best S&P Futures Turning Points: Shorting 4598.50 was only good for a 6-point scalp but the general area held as the high including through the weekend. 

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

Buy 4557.50 stop 4551.75. Short 4628.50 stop 4632.75. 

The World Index: (+100/-100) falls from -14 to -50 with most major world markets Bearish. 

Catalysts: Factory Orders @ 10:00. 

Quick Tip: Get Fearful

We all trade to win and make a profit. The ups and downs happen along the way. The time to get laser-focused is when you’re feeling like you don’t need to. 

The recent rally in the S&P has us closing in on all-time highs. Our team’s swing trading portfolio using Insiders Buys and Unusual Options Activity (long only tradessoared last week. It’s natural when everything...

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Trade Aptitude

Results of Wednesday’s Best S&P Futures Turning Points: No trades triggered. 

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

Buy 4551.00 stop 4546.25. Short 4598.50 stop 4604.25. 

The World Index: (+100/-100) drops from +7 to -43 with most major world markets mildly Bearish. 

Catalysts: New Home Sales @ 10:00. 

Quick Tip: Lead or Lag?

The never-ending challenge in trading is forecasting future price direction using lagging information from technical indicators. Better than nothing but not good enough!

Significant research has proven that there are two superb Leading Indicators of stock price. Insider buying and Unusual Options Activity. 

Combining the two is the perfect addition to your stock/options trading plan. Learn how in this free training sessionClick here. 

No disappointments!

...

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