KR, a volatility play, has IV in the 54th percentile and so does qualify for further analysis, which I shall post later today.
Turning to shares trades, the three price-channel breakouts --CFFN, GWB and NP -- all reversed and so, as whipsaws, merit no further action.
My Stochastic-RSI signals consist of eight corporate stocks and five exchange-traded fund. My goal is the trade two of the corporates and one fund.
None of the corporates qualify for a trade early in the trading session. I'll check them again later to see if there has been any improvement.
Of the funds, only EPI has a chart sufficiently bullish for my liking, and I shall place a trade this morning.
By Tim Bovee, Portland, Oregon, Aug. 31, 2016
by Robert J. Shiller
Tradecraft: Playing the odds to build winning stock market trades from options, a description of how I trade, can be read here.
Small Lots: A new strategy discusses the thinking behind the analysis that identified these trades and can be read here. The symbols noted in this post are intended for trading on a commission-free platform such as Robinhood Financial. See my initial post on the strategy here.
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