Shares: BMRC

I have entered an earnings play on BMRC using shares. I took the trade on the strength of a bullish, day old uptrend on the Fisher Transform metric and a relatively high score from the Zacks earnings surprise predictor. The position of the Fisher below the zero line theoretically gives the uptrend room to rise.

The Fisher Transform turned dow on the 4-hour chart and I exited for a profit, eight days before earnings were due to be published.

sym entry exit result ($) result (%) entry date exit date
BMRC 68.89 70.85 1.96 2.8% 1/8 1/16
zacks rank zacks esp FisherTrans FT spread earns est. earns actual
1 3.49 -1.471 0.692 0.89 TBD

By Tim Bovee, Portland, Oregon, Jan. 9, 2017

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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Based on a work at www.timbovee.com.

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