Thursday, January 2, 2014

Thursday: No Trade

No symbols from my first round of analysis, all of them bull signals, survived the second. Many failed confirmation or were at odds with their bearish Zacks ratings, and the remainder were either topping or were rallying within a downtrend.

The second-round finalists were ACMP, BID, CHTR, EPAY, ICLR and SEP. See "Thursday's Prospects" for my first round analysis.

Although I won't be writing new analyses or opening new positions from among the first-round symbols, rolls forward of previous positions and trades off of the Watchlist remain possible.


My shorter-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

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.

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