Thursday, August 28, 2014

Thursday's Outcomes: BXMT, SINA

BXMT closed above its 10-day price channel and I've exited the bear hedge I had entered against my longer-term bull position. See "BXMT and NYMT: Two mortgage trusts".

I analyzed SINA as a potential bear play but decided not to open a position today, instead placing the symbol on the Watchlist until it produces a new lower low. See "SINA: Drive the wolf from the door".


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.

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.

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

No comments:

Post a Comment