Thursday, June 2, 2016

Thursday's Agenda

Implied volatility on all four of my prospects -- AVGO, YHOO, NEM and NOV -- is well below my minimum requirement for further analysis, which is the 60th percentile or higher of its most recent range.

It is extremely unlikely that their volatility readings will increase enough to meet my standards during the day, and I anticipate no further analysis and shall enter no new positions.

-- Tim Bovee, Portland, Oregon, June 2, 2016


The End of Alchemy: Money, Banking, and the Future of the Global Economy
by Mervyn King


References

Tradecraft: Playing the odds to build winning stock market trades from options, a description of how I trade, can be read here.


Elliott wave analysis tracks patterns in price movements. StockCharts has a good explainer. The principal practioner of Elliott wave analysis is Robert Prechter at Elliott Wave International. His book, Elliott Wave Principle, is a must-read for people interested in this form of analysis, as is his most recent publication, Visual Guide to Elliott Wave Trading

Alerts


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Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.
License

Creative Commons License

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.

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