Thursday, October 27, 2016

Friday's Prospects

Screening of the Thursday, Oct. 27 markets identified six prospective trades.

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 charts signaled by the stochastic-relative strength index indicator, and in anticipation of events ( such as earnings announcements).

I'm limiting my screening today to earnings and the Stochastic-RSI signals. I'll need to complete set up of my server after moving before I can resume price-channel analysis, and options volatility is moot during earnings season.

 options  shares 
price channelN/AN/A
earnings03
volatilityN/AN/A
stochastic-rsiN/A3

I shall make final trading decisions on Friday, Oct. 28.


The Third Wave: An Entrepreneur’s Vision of the Future
by Steve Case


Below are the candidates for analysis for each type of analysis.


Shares: Earnings

The dates are those of the events, all of them earns announcements. Events prior to the opening bell are marked "am", during the trading day "mid", and after the closing bell "pm".

Friday pm
EXEL
Monday am
DM
MEP

Shares: Stochastic-RSI-20


ETFC
RICE


Shares: Stochastic-RSI-80


LNC

Notes

The current earnings season began on Oct. 11 with AA's release of earnings and will continue for six weeks..

-- Tim Bovee, Portland, Oregon, Oct. 27, 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.

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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 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.

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