Tuesday’s Prospects

I have one potential earnings play with sufficient liquidity to warrant a further look on Tuesday, the first trading day after a three-day weekend in U.S. markets to observe the President’s Day holiday.

However, the prospect — TJX — has implied volatility that is a bit low in relation to its most recent broad movement, and even lower in connection with the one-year range. I shall analyze TJX further only if one or the other of those metrics rises to the 50th percentile or better of the range.

By Tim Bovee, Portland, Oregon, Feb. 17, 2017


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s