I analyzed two symbols as potential bull plays, DOW under my shorter-term rules and AAL under the longer-term rules. However, both failed to show upward momentum today and I've put them on the Watchlist. See "DOW: An ambiguous breakout" and "AAL: A longer-term play".
I removed JBL from the Roll Shelf and calculated results. See "JBL: On the chart, many best days are behind it".
References
My shorter-term trading rules can be read here. My longer-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.
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
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