Live: Thursday, December 26, 2019

10:15 a.m. New York time

And the trades are done:

  • Growth Portfolio
    • Exited
      • FCN for a $110.83 credit, up 91 cents, a 0.8% return over 29 days for a +10% annual rate.
      • WGO for a $52.67 credit, down 37 cents, a 0.7% loss over 36 days for a -7% annual rate.
  • Genetics Portfolio
    • Exited
      • EDIT for a $32.36 credit, down 5 cents, a 0.2% loss over two days for a -28% annual rate.
    • Entered
      • CLLS for an $18.39 per share debit.
      • PSTI for a $3.95 debit.
  • Momentum Portfolio
    • Entered
      • JNCE for a $9.55 debit
      • OESX for a $3.25 debit
      • PAAS for a $3.95 debit

So, total score, 3 out, 5 in for a total of 8 trades in 45 minutes. Not that anyone’s counting.

9:25 a.m. New York time

In stocks, Zacks’ algorithm dropped FCN in the Growth Portfolio to hold (rank 3), WGO also was removed from the screen, and I shall exit both. In the Genetics Portfolio, EDIT also dropped. Neither shows in the secondary portfolios (Momentum and Value), so away they go.

I shall enter two positions in the Genetics Portfolio, CLLS and PSTI, completing the build out. Also, with the Growth Portfolio build out complete, I’m starting fill the Momentum Portfolio, beginning with NCE, OESX and PAAS.

I’ve posted some thoughts on portfolio-building in the new era of no commissions: DIY ETF.

By Tim Bovee, Portland, Oregon, December 26, 2019

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.