I have entered a long position on PLXS coinciding with the approach of an earnings announcement on Jan. 17 after the closing bell. Note that I’ve migrated away from the ADP/DI metrics to the Fisher Transform, which I discussed in the Jan. 4 Live feed.
The Fisher Transform metric showed PLXS moving into a downtrend, and I exited for a loss prior to the earnings announcement.
| sym | entry | exit | result ($) | result (%) | entry date | exit date |
| PLXS | 65.08 | 63.79 | -1.29 | -2.0 | 1/8 | 1/17 |
| zacks rank | zacks esp | FisherTrans | FT spread | earns est. | earns actual | |
| 3 | 0.83 | -0.059 | 0.624 | 0.81 | TBD |
By Tim Bovee, Portland, Oregon, Jan. 8, 2018
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 decisions for his or her own account, and take responsibility for the consequences.
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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.
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