Don’t be afraid to be ambitious about your goals. Hard work never stops. Neither should your dreams. Dwayne Johnson
The march to DOW 20,000 and SPX 2,300 continues and previous Oil resistance ($55) broken. With the current momentum, it is not a question of if but when they get there.
Today I roll out Round Three of my Simple Simon Scans. This list will evolve over time to bring the most value to my EOM Members. I appreciate your feedback and tip my cap to those making money with them.
The goal; discover HPTs-higher (probability, profitability) trades, some before the SS signals hit.
Some candidates were flagged previously, and some hit yesterday. Unfortunately, my personal annotations do not come through with each link. I am working on a solution.
There is more to these candidates than just the Simple Simon (Long or Short) conditions. Some are listed because they hit many conditions and may be Simple Simon candidates in the next day or two. Yes, I am flagging future SS trades as they develop.
My scanning conditions/equations are proprietary and are not available for distribution. As EOM Members, you will receive the candidates on a weekly basis.
When your buy or short signals hit, you know what to do.
No trading unless protective stops are in place.
Here is a link to setting alerts at Stockcharts.com. For setting alerts at your broker, contact them and have them walk through the process. They may have a trademark name for alerts, for instance, Trade Triggers at TDA.
The tools to sort through thousands of securities and find a handful of quality candidates to watch then trade (when the signals hit) is exciting and can be very profitable!
Enjoy your day,
David O. England
Plan your work, work your plan, and share your harvest! 1 Timothy 2:1-2
This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.
DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.
If you have a question or comment, contact David England at firstname.lastname@example.org.