Thursday, August 4, 2016

Friday's Prospects

I've identified four prospective trades out of the two datasets and four strategies that I'm using.

This week, for options trading, I reviewed 474 symbols in my large-cap stocks and exchange-traded funds, and for share trading, I reviewed 953 symbols of stocks and funds of all capitalizations. For both I reviewed 1,412 companies publishing earnings.

I use four strategies in my trading, in response to trading signals (such as breakouts above the 20-day price channel), high implied options volatility, and persistently rising trends on a chart, and in anticipation of events ( such as earnings announcements).

Here's table below showing the association between the datasets and strategy and the number of symbols passing initial screening on Thursday, Aug. 4.

 options  shares 
signalsN/A1
events03
volatility0N/A
trendsN/A0

I shall make final trading decisions on Friday, Aug. 5.


Rise of the Robots: Technology and the Threat of a Jobless Future
by Martin Ford


Below are the candidates for analysis for each cell of the quadrant.


Shares:Events

Friday pm
(none)
Monday am
DF
IPAR
LBIO

Shares: Signals


BBD

Notes

The current earnings season began on July 11 and will last through Aug. 19.

-- Tim Bovee, Portland, Oregon, Aug. 4, 2016

References

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

Small Lots: A new strategy discusses the thinking behind the analysis that identified these trades and can be read here. The symbols noted in this post are intended fortrading on a commission-free platform such as Robinhood Financial.

I can be reached via comments on Private Trader posts or by email at datnillc@gmail.com.

Alerts

Two social media feeds provide notification whenever something new is posted.
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 decision 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.

No comments:

Post a Comment