Live: Monday, February 10, 2020

10:30 a.m. New York time

Two stock positions from the Bench gave exit signals from the Zacks algorithms.

SNPS, which had been in Robotics for six days and on the Bench for five, produced a breakeven after it’s momentum strategy score dropped to C, alongside its D score for the growth strategy. My Bench rules for watchlist holdings requires an A or B score for either growth or momentum

KMTUY failed to qualify for its portfolio after a day, and three days after that was kicked off the Bench after its rank declined 4 (sell). It was also upon entry in the Robotics Portfolio. The stock fell sharply on Friday, producing a heavy loss upon exit today.

I used the funds freed up by the exits to add two positions to today’s focus portfolio, Value.

The details:

  • Value
    • Entries
      • GIII, for a $27.91 debit per share.
      • SNPS, a $154.91 debit.
  • Bench
    • Exits
      • KMTUY, for a $21.41 credit per share, $1.10 below the entry price, producing a 4.9% loss over four days for a -444% annual rate.
      • SNPS, for a $154.91 credit, unchanged from the entry point, producing neither a loss or a gain over 11 days.

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


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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