Fly Leasing Ltd – FLY

Our fleet of 103 aircraft – with a value of approximately $3.2 billion – is leased under multi-year operating lease contracts to 44 airlines in 25 countries.

2019-05-19

This trade idea came to me from a friend of mine on May 3rd. I found the chart interesting, but earnings were being announced on May 9th. I felt this was a bit risky in order to buy the stock. So I looked at the options and found the 05/17 calls were fairly cheap and was willing to risk a small amount for an earnings play

I bought 2 May 17, 2019 $15 call options and I got filled at .35. I planned on holding this till earnings. Then see if I was willing to purchase the stock

The announcement came and the stock popped up and stayed above my cost basis $15.35. I held to expiration and bought at 200 shares at !5.00, but I had to take into account the cost of the option plus commissions for purchasing the stock

My cost basis: $15.44
-5% Stop: $14.67
+20% Gain: $18.53

IBD Rankings 05/19/19
Composite Rating: 96
EPS Rating: 81
RS Rating: 94
Group RS Rating: B
SMR Rating: A
Acc/Dis Rating: A
ROE: 14.6%
Debt: 427%
Outstanding Shares: 914.9m
Float: 28.4m
EPS Due Date: 8/21/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

FLY 5 Year Monthly from BigCharts 2019-05-17

FLY 2 Year Weekly from BigCharts 2019-05-17

FLY 3 Month Daily from BigCharts 2019-05-17

FLY 3 Month Daily from StockCharts 2019-05-17

2019-05-23

I closed out the position today, because it had become extended. During my review yesterday I had marked it as a daily HOLD, but after sleeping on it I wanted to sell.

I wanted to lock in the profits and apparently I was in good company. The stock was down sharply in the morning

I got filled at $16.19

($15.48 - $16.19) = .71 / 15.48 = 4.59%

FLY 3 Month Daily from StockCharts 2019-05-23

2019-06-23

This stock idea came from a review of my watch list on Tuesday 2019-06-18. I bought the next day and got got filled at 17.07. Today is Day 4 of a 7 Trading Day Time Stop

FLY 3 Month Daily from StockCharts 2019-06-24

2019-07-20

I closed out of this position on Friday. It was not doing what I had expected. I owned it for 22 Trading Days and I wanted to be more in cash. I was filled at 17.08

17.14 - 17.08 = -.06 / 17.14 = -3.5%

FLY 3 Month Daily from StockCharts 2019-07-20

Ebay Inc – EBAY

Ebay.com

2019-04-25

This major online retailer came to my attention from Investor's Business Daily's Stocks on the Move yesterday. There was a gap up and their numbers were decent.

This is Day 1 of a 7 Trading Day Time Stop

I got filled at $37.96
-5% stop = $36.02
20% Target = $45.55

IBD Rankings 04/25/19
Composite Rating: 94
EPS Rating: 71
RS Rating: 86
Group RS Rating: A-
SMR Rating: A
Acc/Dis Rating: B-
ROE: 32.2%
Debt: 122%
Outstanding Shares: 914.9m
Float: 850.8m
EPS Due Date: 7/16/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

EBAY 5 Year Monthly from BigCharts 2019-04-25

EBAY 2 Year Weekly from BigCharts 2019-04-25

EBAY 3 Month Daily from BigCharts 2019-04-25

EBAY 3 Month Daily from StockCharts 2019-04-25

2019-05-13

I closed out my position today, because it hit my stop. I had thought this would have performed better. It broke down and the timing was not right. This will still be on my watch list for a while

I got filled at $36.18

37.96 - 36.18 = -1.78 / 37.96 = -4.7%

EBAY 3 Month Daily from StockCharts 2019-05-13

Getty Realty Corp Hld Co – GTY

GettyReality.com

From the company's About Us

Company Overview
Getty Realty Corp. (NYSE: GTY) is the leading publicly-traded real estate investment trust (“REIT”) in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties.

Our 933 properties are located in 30 states across the United States and Washington, D.C. and are operated under a variety of brands including 76, BP, Citgo, Conoco, Exxon, Getty, Gulf, Mobil, Shell, Sunoco and Valero.

Our net lease portfolio consists of 814 properties leased to 26 regional and national fuel distributors under unitary or master triple-net leases and 104 properties leased as single unit triple-net leases.

2019-03-29

I had been watching this this company last year and had missed it earlier. This is in the process of bottoming out. I believe that the time is right, but this day had heavy selling and was down 1%

This is an example of the way I'm currently trading. I'm using this blog to document my trades and help educate others. Do your own due diligence

This is Day 1 of a 7 Trading Day Time Stop

I got filled at $32.40
-5% stop = $30.78
20% Target = $38.88

IBD Rankings 03/29/19
Composite Rating: 82
EPS Rating: 62
RS Rating: 82
Group RS Rating: A
SMR Rating: B
Acc/Dis Rating: D
ROE: 8.5%
Debt: 56%
Outstanding Shares: 40.9m
Float: 32.7m
EPS Due Date: 5/6/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

GTY 5 Year Monthly from BigCharts 2019-03-29

GTY 2 Year Weekly from BigCharts 2019-03-15

GTY 3 Month Daily from BigCharts 2019-03-29

GTY 3 Month Daily from StockCharts 2019-03-29

2019-04-17

I had closed out this position yesterday at a small loss. I had a personal emergency and I was not able to perform the full review of how the day traded. I was up and then on yesterday it was losing. I closed out the trade and I got filled at $31.70

32.33 - 31.70 = - .63 / 32.22 = -1.9%

GTY 3 Month Daily from StockCharts 2019-04-17

Funko Inc Cl A – FNKO

Funko.com

2019-03-16 Saturday

This trade idea came from Investor's Business Daily Stocks on the Move on Thursday's edition 03/14. I had been watching this one for a while now and it's becoming active again. This company makes pop culture toys and accessories in US, UK, China, and Vietnam.

This first came to my attention 2018-09-18 when it was featured in the Stocks on the Move. I felt that it was still trending down, but i put it on a watch list. I watched it for the 4 months and put it on the back burner and focused my money on a more current issue.

I bought within the first hour of trading on Friday and that is Day 1 of a 7 Trading Day Time Stop.

I got filled at $21.33
-5% stop = $20..27
20% Target = $25.60

IBD Rankings 03/15/19
Composite Rating: 82
EPS Rating: 80
RS Rating: 98
Group RS Rating: D-
SMR Rating: B
Acc/Dis Rating: B
ROE: 28.9%
Debt: 164%
Outstanding Shares: 24.7m
Float: 5.94m
EPS Due Date: 5/13/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

FNKO 5 Year Monthly from BigCharts 2019-03-15

FNKO 2 Year Weekly from BigCharts 2019-03-15

FNKO 3 Month Daily from BigCharts 2019-03-15

FNKO 3 Month Daily from StockCharts 2019-03-15

2019-03-23

I closed out my position, because of the overall market sell off. I am still watching the company and just think that the timing was not right.

I got filled at $20.41

21.33 - 20.41 = -.95 / 21.33 = -4.6% in 6 days

FNKO 3 Month Daily from StockCharts 2019-03-23

2019-03-26

I moved back into this company, because it was in Investor's Business Daily's Stocks on the Move this morning. It looked like it was starting to breakout, but it closed with only a slight gain. I'm down about -2% right out of the gate. Not a good start

This is Day 1 of a 7 Trading Day Stop

I got filled at $22.47
-5% stop = $21.357
20% Target = $29.97

FNKO 3 Month Daily from StockCharts 2019-03-26

2019-04-17

I closed this out at a large loss on 2019-04-15. I had a bad start and a wide stop. I had a personal emergency that did not allow my normal review of each day's trading.

I got filled at 19.92

22.47 - 19.92 = -510 / 22.47 = -11.3%

This is tuition for not closing out a losing position when I was not able to do a full review each day

FNKO 3 Month Daily from StockCharts 2019-04-17

Mimecast Limited – MIME

Mimecast.com

2019-03-13

This trade idea came from Investor's Business Daily Stock's on the Move yesterday. There was a large spike in volume and had a good gain. This is attempting to buy on the dip.

I had started watching this after the pop on Feb 12th. This was featured on the Stocks on the Move. I thought it was a buyable gap up, but I did not act on it at the time. I had missed it and I was not going to chase it.

See In The Trading Cockpit with the O'Neil Disciples: Strategies that Made Us 18,000% in the Stock Market

I placed a market order for 100 shares after the open. This Day 2 of a 7 Trading Day Time Stop

I got filled at $45.95
-5% stop = $43.66
20% Target = $55.14

IBD Rankings 03/12/19
Composite Rating: 94
EPS Rating: 73
RS Rating: 90
Group RS Rating: A+
SMR Rating: C
Acc/Dis Rating: B-
ROE: 0%
Debt: 68%
Outstanding Shares: 60.1m
EPS Due Date: 5/13/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

MIME 5 Year Monthly from BigCharts 2019-03-14

MIME 2 Year Weekly from BigCharts 2019-03-14

MIME 3 Month Daily from BigCharts 2019-03-14

MIME 3 Month Daily from StockCharts 2019-03-14

2019-03-23

I closed out the position today, because of the overall market conditions. I was up about 4% on Thursday 03-21 and Friday the gain that had disappeared in the general market breakdown.

I got filled at $44.94

45.95 - 44.94 = -1.01 / 45.95 = -2.2%

MIME 3 Month Daily from StockCharts 2019-03-23

Essent Group Ltd – ESNT

Essent Group

2019-03-06

I had been following this stock off and on for a while. A couple year's ago they had a great run up and I had missed it at the time. This was frequently featured in Investor's Business Daily IBD50 and was one of the best stocks of the year.

Then a little while back a friend asked me about this. It had a good run up since December and I wanted to wait for a dip. I put it on a watch list and I saw the PSAR flip below and that is a bullish signal. The way I was reading the tape - Accumulatin/Distribution I do not see any strong selling

I placed a market order for 100 shares about 11:30, because it had held and was a little off the previous day's close. This Day 2 of a 7 Trading Day Time Stop

I got filled at $44.08
-5% stop = $41.88
20% Target = $52.89

IBD Rankings 03/06/19
Composite Rating: 99
EPS Rating: 99
RS Rating: 86
Group RS Rating: A+
SMR Rating: A
Acc/Dis Rating: A-
ROE: 21.7%
Debt: 0%
Outstanding Shares: 98.3m
EPS Due Date: 5/2/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

ESNT 5 Year Monthly from BigCharts 2019-03-06

ESNT 2 Year Weekly from BigCharts 2019-03-06

ESNT 3 Month Daily from BigCharts 2019-03-06

ESNT 3 Month Daily from StockCharts 2019-03-06

2019-03-07

I closed out of the position today, because I had expected a minor bounce and it had a small gap down. It was not recovering by midday and I cut the losses at about 3%.

I got filled at 42.64

44.08 - 42.64 = 1.44 / 44.08 = -3.3% 2 days

ESNT 3 Month Daily from StockCharts 2019-03-07

2019-03-18

I moved back into this company this morning. Friday it had started the breakout and was drawing the attention. Today was a good day +5.45% on +447% volume

I got filled at 44.55
-5% Stop: 42.33
+20% Target: 55.96

ESNT 3 Month Daily from StockCharts 2019-03-18

2019-03-24

I closed out my position, because of the general market sell off. This was close to reaching my -5% stop. Friday was a clear distribution day and reversed the overall trend.

The original entry point was incorrect, because I had gotten a bad fill. The market was at $44.55, but I actually got filled at $46.20. Thursday I was sitting on a gain and by lunch I was at a loss. I closed out to be completely in cash to reevaluate the market

I got filled at 43.91

46.20 - 43.91 = -2.29 / 46.20 = -5.00

Not good, but I walked away

ESNT 3 Month Daily from StockCharts 2019-03-23

Core Mark Holdings Co – CORE

Core Mark Holdings

2019-03-05

This trade idea came from Investor's Business Daily 03/01, because it was featured on the front page under Stocks on Move, Up.

From the company's About page "Core-Mark has grown into one of the largest distributors and marketers of consumer goods in North America." They have stand alone displays in many retail locations.

This broke out of a consolidation period on strong volume on Friday. This is a cup formation and I'm expecting this to form a handle for a few weeks. They are reporting earnings in 2 months 05/08

I placed a market order for 100 shares about 11:30, because it had held and was a little off the previous day's close. This Day 2 of a 7 Trading Day Time Stop

I got filled at $35.88
-5% stop = $34.09
20% Target = $43.06

IBD Rankings 03/05/19
Composite Rating: 88
EPS Rating: 76
RS Rating: 98
Group RS Rating: B+
SMR Rating: D
Acc/Dis Rating: A+
ROE: 10.5%
Debt: 92%
Outstanding Shares: 45.7m
EPS Due Date: 5/6/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

CORE 5 Year Monthly from BigCharts 2019-03-05

CORE 2 Year Weekly from BigCharts 2019-03-05

CORE 3 Month Daily from BigCharts 2019-03-05

CORE 3 Month Daily from StockCharts 2019-03-05

2019-03-14

I closed out of the position today, because momentum has stalled. I wanted to lock in some gains and this will still be on my watch list. Looking at the weekly chart I'm expecting more selling and needing time for a handle form around the $34-35 range.

I got filled at $37.13

$37.13 - $35.88 = $1.25 / $35.88 = +3.5% in 10 days

CORE 3 Month Daily from StockCharts 2019-03-14

Pitney Bowes Inc – PBI

Pitney Bowes Inc

2019-02-25

This trade idea came to me from a news event that happened to a competitor. Thursday after hours Stamps.com reported earning and the exclusive contract with the US Post Office broke off. Stamps.com gaped down severely.

I had checked PBI and it had started moving up in premarket. Then continued moving up at the open and I purchased 200 shares. This ended up significantly up for the day on strong volume.

This is a very short term trade and this company is NOT a CANSLIM candidate for several reasons. The EPS and RS are not even close to the 80 cut off. The price is way below the $16 minimum and has been in a downtrend for a long time

This Day 2 of a 7 Trading Day Time Stop

I got filled at $7.59
-5% stop = $7.21
20% Target = $9.11

IBD Rankings 02/25/19
Composite Rating: 23
EPS Rating: 47
RS Rating: 15
Group RS Rating: A+
SMR Rating: A
Acc/Dis Rating: B-
ROE: 102.2%
Debt: 1888%
Outstanding Shares: 187.6m
EPS Due Date: 04/30/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

PBI 5 Year Monthly from BigCharts 2019-02-25

PBI 2 Year Weekly from BigCharts 2019-02-25

PBI 3 Month Daily from BigCharts 2019-02-25

PBI 3 Month Daily from StockCharts 2019-02-25

2019-03-03

I closed the position, because it hit my stop loss. This was a small quick loss and I got filled at $7.29

7.59 - 7.29 = -.30 / 7.59 = -4%

PBI 3 Month Daily from StockCharts 2019-03-01

Health Ins Innovations A – HIIQ

Health Insurance Innovations

2019-02-21

This trade idea came to from reading Investors Business Daily IBD Weekly Vol 35 NO 46 Week of Feburary 18, 2019. It was featured in IBD50 and it was ranked #24. I added this to my watch list on Sunday. Monday the market was closed for Presidents Day and opened again on Tuesday. Tuesday it stared to move on good volume

I placed a market order for 100 shares after dipping a little at the open and got a decent fill. There are a couple of warning signs. This is a thinly traded company and earnings are being announced soon. This Day 2 of a 7 Trading Day Time Stop

I got filled at $43.01
-5% stop = $40.80
20% Target = $51.53

IBD Rankings 02/21/19
Composite Rating: 99
EPS Rating: 94
RS Rating: 94
Group RS Rating: A+
SMR Rating: A
Acc/Dis Rating: B-
ROE: 41.1%
Debt: 0%
Outstanding Shares: 14.4m
EPS Due Date: 2/26/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

HIIQ 5 Year Monthly from BigCharts 2019-02-21

HIIQ 2 Year Weekly from BigCharts 2019-02-21

CSCO 3 Month Daily from BigCharts 2019-02-14

HIIQ 3 Month Daily from StockCharts 2019-02-21

2019-02-27

I closed my position today, because of a stop loss.

I had been up $250 (5-6%) and went down $200 in the past 2 days.

The first drop came yesterday. When the earnings date got moved it dropped 5% that day, but it was on about 63% volume. It was close just under my break even level and I held my ground hoping for a bounce.

It did not come today and in fact it dropped even worse. It opened down and a sold a little after 9 CST. It happened to be close to the high of the day.

I got filled at 40.82

43.01 - 40.82 = -2.19 / 43.01 = -5.1% in 6 Trading Days

HIIQ 3 Month Daily from StockCharts 2019-02-27

Cisco Systems Inc – CSCO

Cisco

2019-02-14

I bought this around 11 AM CST. This was featured in the IBD Stocks on the Move today. They reported earnings this morning and it popped. This was an impulsive trade and really didn't research it. The chart is sloppy and not really confident in this trade

It was a buyable gap up and check out the setup: In The Trading Cockpit with the O'Neil Disciples: Strategies that Made Us 18,000% in the Stock Market

This Day 1 of a 7 Trading Day Time Stop. The IBD Rankings are below the CANSLIM standard

I got filled at $48.86
-5% stop = $46.42
20% Target = $58.63

IBD Rankings 02/14/19
Composite Rating: 73
EPS Rating: 76
RS Rating: 82
Group RS Rating: D-
SMR Rating: A
Acc/Dis Rating: D+
ROE: 23.2%
Debt: 47%
Outstanding Shares: 4496.0m
EPS Due Date: 5/16/19

Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts

CSCO 5 Year Monthly from BigCharts 2019-02-14

CSCO 2 Year Weekly from BigCharts 2019-02-14

CSCO 3 Month Daily from BigCharts 2019-02-14

CSCO 3 Month Daily from StockCharts 2019-02-14

2019-03-03

I closed out of this position in order to be all in cash. I had made a couple of bad trades and wanted to take a step back. I will be scaling back in as the opportunities as the pop. I got filled at $51.78

51.78 - 48.86 = 2.92 / 48.86 = 5.9%

CSCO 3 Month Daily from StockCharts 2019-03-01