The Stock Market Scout (SMS) model was redefined to include a broader number of stocks.  The model was based tracking QQQ because of price volatility and that typically QQQ lead the SPY more times than not. In the recent rally it was clear the large cap stocks (SP-500/SPY) outperformed Tech (NASDAQ/QQQ) and this lead to SMS staying stuck in neutral.  

In order to smooth out the difference between SPY vs. QQQ we included more stocks in SMS.  We ran some back tests and performed some comparisons and the results were improved in a sense that SMS is following a broader market and it not tied to just large caps or tech.  The model has been refreshed and you will see updated signals on the site.  The model (as stated on the SMS page) is still in a beta mode and will remain that way until we think we have maxed out on improvements.

One of the nice features of the option scanner is the ability to create watchlists that hold your favorite stocks or portfolios. 

This makes it easy to monitor Covered Call or Naked Put opportunities.

1. Access the option scanner page. Then click on "Edit Watchlist"

2. Click the Drop Down box and select "Add New Stock Watchlist" 

3. Enter stock symbols and click SAVE. 

4. Now you can access this watchlist on the Covered Call/Naked Put Scanner and filter just by those stocks.