WFC has low historical odds of bull signals resulting in profitable trades, so I'm looking for a pullback to make the case for a non-directional trade. What I see on the chart is good enough, so I'll post an analysis later in the day.
I shall also analyze BBY as a potential trade coinciding with an earnings announement.
-- Tim Bovee, Portland, Oregon, May 20, 2015References
My volatility trading rules can be read here.
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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.
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