10:50 a.m. New York time

The algorithms overnight tossed two positions, one off of the Growth Portfolio and another off of the Value Portfolio. A rogue bid triggered the stop/loss on a Growth holding, and I re-entered.

The trades:

• Growth Portfolio
  • Exit
    • LHCG, for a $142.94 credit, up $5.44 from entry. The position produced a 4.0% return over three days for a +481% annual rate. The exit was a false trigger of the 10% trailing stop/loss, perhaps caused by a rogue bid.
    • MHO, removed from Growth and transferred to the Bench as it continues to have a “strong buy” rank.
  • Entry
    • BRT, for a $17.67 debit.
    • LHCG, a $143.62 debit as re-entry after a false stop/loss.
• Value Portfolio
  • Exit
    • MET, for a $52.50 credit, down 3 cents from entry, producing a 0.06% loss over one day for a -21% annual rate.
  • Entry
    • HIBB, for a $24.88 debit.

By Tim Bovee, Portland, Oregon, January 10, 2020

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.

License

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Based on a work at www.timbovee.com.