Live: Friday, Jan. 12, 2018

1/12 – 3:15 p.m. New York time

In today’s outcomes, I entered an earnings play using shares, AXP, and exited another, WFC. I analyzed IBM but declined the trade.

1/12 – 1:55 p.m. New York time

I have entered a position into AXP. I also analyzed IBM but declined to take the trade.

1/12 – 9:50 a.m. New York time

I have exited WFC  for a profit after its earnings announcement. JPM at $111 is just within the upper boundary of the profit zone, $111.35, and is showing downtrending signals on the Fisher Transform at the 4-hour and 12-hour levels, although not yet on the daily. I shall wait and see what develops.

The rest of my holdings don’t require action at this point, and are unlikely to during the day.

I shall choose from three prospects to fill the single slot left vacant by WFC. They are, in order of priority, IBM, AXP and BK.

1/11 – 9 p.m. New York time

On Thursday I decided to hold JPM and WFC past their earnings announcements Friday before the opening bell. Both trade for the last time on Jan. 19, which means I must exit by Monday, Jan. 15, at the latest.

If I exit on Friday, leaving two spaces open in my account, then I shall choose replacements from these three symbols: IBM, AXP and BK. Their status as prospects could change with the release Friday morning of the new Zacks metrics.

No shares positions require action until Monday. However, if the trend metric turns down on any, then I shall exit. The prospects for new trades to fill those spaces are WNS, HOMB and BANF.

By Tim Bovee, Portland, Oregon, Jan. 11-12, 20189


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.

Creative Commons 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