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The MAIN Thing

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AUG 3 2023
 
   
SCOTT WELSH’S TICKER TALES
Check Out This Income-Producing Stock
 

Not everyone wants pure growth.

Some of us would like our investments to produce income.

And not just the promise of stellar returns.

It’s nice to get paid even if our stock goes down.

And one of the best income-producing stocks is MAIN (Main Street Capital Corp.)

Since the end of 2007, MAIN has produced annual returns of over 16% (if we reinvest dividends), which is almost 2x as good as the S&P 500.

And MAIN is nearing a possible breakout point.

Here’s the chart:

 
 
If MAIN breaks above $42.85, it could go on a run.

And you could collect a 6.6% dividend yield all along the way. 

We’ll keep an eye on it.

— Scott Welsh

P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.

 
JEFFRY TURNMIRE
Trading At The Speed of Thought (it’s not all flawless)
 

We live in a world that spins faster than ever. With each passing year, the pace of life seems to increase… and with it goes the speed of our trading markets.

Trades are now executed at breakneck speeds, thanks to advanced algorithms and high-frequency trading (HFT).

It's said that HFT bots can execute trades in microseconds. A microsecond is one-millionth of a second! To put it in perspective, it takes 300-400 microseconds just for you to blink your eye.

In that blink, a high-frequency trading bot can make multiple trades. It boggles the mind.

But what does this mean for individual investors like us? Are we hopelessly outmatched by these technological titans?

Well, not exactly. The rapid pace can indeed be overwhelming, and the Wall Street titans with their advanced trading algorithms might seem intimidating. But that doesn’t mean there aren’t opportunities for us.

In fact, there's a silver lining in this high-speed cloud.

It turns out that these trading algorithms are not infallible. They're designed by humans, after all. And where there's human design, there can be human error. That's where our opportunity lies.

I’ve spent countless hours analyzing these trading algorithms, looking for patterns and anomalies.

And in doing so, I discovered a surprising consistency — a "hiccup," if you will —  in one specific ticker’s pricing algorithm under certain market conditions.

The algorithm makes a mistake and produces a pricing “misprint” that occurs again and again.

The most exciting part?

It’s so consistent that since June of last year (more than 12 months at this point), I’ve placed 52 trades and every single one has come back a winner.

If you're intrigued and ready to learn how to exploit this unique opportunity, I invite you to join me for a live event at 4 PM today. Just click here to register your spot.

Let's adapt and thrive in this fast-paced market together.

Hope to see you there,

— Jeffry Turnmire

P.S. Although this strategy has worked out and had successful trades 100% of the time — for the past year, I feel it is my duty to remind you that anything can and will happen in the markets.

There may come a day when this strategy takes a loss, so always remember to trade only with money that you can afford to lose — even if the strategy has had nothing but winners so far.

 
   
 

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