Wednesday's Agenda

Two earnings plays are up for consideration: AA and PEP.

Of the four finalists, the two high-odds symbols, DUK and TLT, are trading above their breakout levels. I shall analyze them as directional trades.

The two low-odds symbols have pulled back from their breakout peaks. WMT is back within its price channel, and GLD, while still beyond the channel, has lost momentum. I shall analyze both as non-directional trades.

The S&P 500 (Nadex:US500) has completed its very near term counter-trend correction and I have posted a bearish play.

-- Tim Bovee, Portland, Oregon, July 8, 2015

References

My volatility trading rules can be read here.

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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



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.