1/16 – 3:20 p.m. New York time
1/16 – 12:25 p.m. New York time
My shares position on BMRC has given a downtrending signal on the 4-hour Fisher Transform, and the chart shows the price today remaining below Friday’s peak, suggesting a pause, or perhaps topping behavior. I have exited for a profit, five days before the earnings announcement, and shall update the analysis with results shortly.
1/16 – 12:05 p.m. New York time
1/16 – 10:30 a.m. New York time
1/15 – 7:50 p.m. New York time
My main task on Tuesday will be to look for exits. I carried positions in JPM and FRC past their earnings announcements and hope to exit quickly. As always, I shall be assessing all of my positions for potential exits.
I have completed trades from prospects having earnings dates through Jan. 19. Next up is the week with action dates from Jan. 22 through Jan. 29.
The Jan. 22 prospects show by their numbers that we are again sailing into the fire and fury of an earnings season.
Here they are:
The list has four potential earnings plays using options:
It has 14 using shares:
Clearly, I shall be doing heavy clearing of the weeds as I try to determine which trades are worth pursuing.
By Tim Bovee, Portland, Oregon, Jan. 15-16, 2018
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.