I did not like the way ZScaler was trading and wanted to move out of that. I felt this was a better use for the cash. This was featured in IBD's Stocks on the Move yesterday. This company was featured in IBD last year and I had passed on it for one reason or another. They had posted earnings and had a large positive move.
Today is Day 1 of a 7 Trading Day Time Stop.
I got filled at $47.60
-5% stop = $45.00
20% Target = $57.00
IBD Rankings 02/07/19
Composite Rating: 89
EPS Rating: 87
RS Rating: 87
Group RS Rating: B-
SMR Rating: C
Acc/Dis Rating: B
ROE: 10.9%
Debt: 89%
Outstanding Shares: 28.3m
EPS Due Date: 5/15/19
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
BOOT 5 Year Monthly from BigCharts 2019-02-07
BOOT 2 Year Weekly from BigCharts 2019-02-07
BOOT 3 Month Daily from BigCharts 2019-02-07
BOOT 3 Month Daily from StockCharts 2019-02-07
2019-02-20
I closed out my position and locked in a gain. This had been rising on light volume and it was still trending higher. I will still be watching this company and may decide to get back in after a dip
I got filled at $28.34
28.34 - 25.32 = 3.02 / 25.32 = 11.9% in 13 days. Not bad
This was an impulsive type of trade and this was not on my radar. I had sold Radware and had room for a new position. I had checked IBD stocks on the move and spotted a buyable gap up.
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
PFGC 5 Year Monthly from BigCharts 2019-02-06
PFCG 2 Year Weekly from BigCharts 2019-02-06
PFCG 3 Month Daily from BigCharts 2019-02-06
PFGC 3 Month Daily from StockCharts 2019-02-06
2019-02-14
I closed out the position yesterday, because this had several up days with no pausing. This seemed extended and I wanted to lock in the gains. I was fearful that the one down day would wipe out all of the gains. I got filled at $38.82
38.82 - 37.68 = 1.14 / 37.68 = +3% in 6 Trading Days
PFGC 3 Month Daily from StockCharts 2019-02-14
2019-03-27
I had kept this on a watch list and I bought this morning after the first hour of trading. This has been shaping up and I wanted to enter a position early. Day 1 of a 7 Trading Day Time Stop.
This is an example of my trade setup and it is for educational purposes. This may not be appropriate for your risk tolerance and you should do your own due diligence
I got filled at $39.05
-5% stop = $37.10
20% Target = $46.86
This company is cloud based security hub and they had an IPO last March. This trade idea came from Investor's Business Daily Vol 35 No 42 Week of January 21, 2019. It was featured in the New America and I put it on a watch list
I saw the market action on Thursday 01/31 and I decided to buy just before 9 AM CST. I actually got a good fill. Friday is Day 1 of a 7 Day Time Stop
I got filled at $47.60
-5% stop = $45.00
20% Target = $57.00
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
ZS 5 Year Monthly from BigCharts 2019-02-03
ZS 2 Year Weekly from BigCharts 2019-02-03
ZS 3 Month Daily from BigCharts 2019-02-03
ZS 3 Month Daily from StockCharts 2019-02-03
2019-02-07
I closed out the position, because I didn't like the way it was trading. I took another look at the chart and believe this will drop and the momentum is going the other way. I closed out at Day 5 of the Time Stop. I'm not comfortable in shorting this and wanted to walk away to use the cash for something new
This trade idea came to me a few weeks ago when I was reviewing the IBD Stocks on the Move. It appeared there on last year 2018-12-26. There was a spike in volume and I added it to my watch list. This is a cloud based security service
I had closed out Denny's and had cash available. The MACD has crossed the zero line, the 10 day EMA is crossing the 50 day EMA, and the MACDH is positive. The timing of this seemed about right and I bought Friday 2019-01-25.
This had a gap up, but it was on light volume and was hoping for more conviction. Friday was Day 1 of a 7 Day time stop. I limit my trades by 7 trading days, because if a stock is not acting correctly (being positive) buy this time then my capital can be put to better use elsewhere
I got filled at $23.67
-5% stop = $22.50
20% Target = $28.00
IBD Rankings 12/16/18
Composite Rating: 99
EPS Rating: 84
RS Rating: 94
Group RS Rating: A
SMR Rating: B
Acc/Dis Rating: A-
ROE: 5.7%
Debt: 82%
Outstanding Shares: 212.8m
EPS Due Date: 2/20/19
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
RDWR 5 Year Monthly from BigCharts 2019-01-27
RDWR 2 Year Weekly from BigCharts 2019-01-27
RDWR 3 Month Daily from BigCharts 2019-01-27
RDWR 3 Month Daily from StockCharts 2019-01-27
2019-02-05
I sold today, because I did not want to hold during earnings and it was Day 7 for my time stop.
This has had a good run up and feel that it would have to have great earnings in order to maintain this pace of advance. It was progressing on light volume and was not comfortable holding. This will still be on my watch list for awhile.
I got filled at $24.72
24.72 - 23.67 = 1.05 /23.67 = 4.4% 8 days
That's not bad. A trade can easily cut against you. I'll take the profit
This trade idea came from my weekly review on 06/06. This was on my IBD Total Stock Market Screener. I have this tuned for high financial and lower on the RS. I've also traded this stock before
Sprouts was on Investor's Business Daily Stocks on the Move on 06/02. My IBD Screener on 05/28.The timing seems to be good. I had missed the up move before and it is currently consolidating. SFM is also #17 in the current IBD50
With the current market conditions I am reluctant in owning stocks outright. So, I have been using Call options to limit the overal risk. By buying the Call option I am limiting my loss to the amount that I paid for the option
This trade idea is a stock substitution play with an earnings play as well
I bought this stock today, because the announced positive earnings and I had been watching this stock since 2018-02-12. This has been featured in Investors Business Daily
The day I bought was very volatile with a 10.5% range on strong volume 178%. I got my order filled at $25.96 and a 7% stop loss is $24.14
Current IBD Ranking
1 rank in group
95 Comp
94 EPS
83 RS
C- group
B SMR
B+ Acc/Dis
3 Month Daily Chart from bigcharts.com
SFM_3mo_Daily_bigcharts
SFM_3mo_Daily_stockcharts
SFM_1yr_Weekly_Bigcharts
SFM_5yr_Daily_Bigcharts
2018-03-08
I had gotten stopped out when it closed at 24.11 and my order was filled at 24.45. I am looking for another opportunity...
2018-10-18
I had kept this on my stock list for a while and then archived it. Then it showed up in the Investor's Business Daily IBD Weekly VOL 35 N.O. 28 Week of October 15, 2018 -IBD50 Ranking #41
Then today I bought a call option that was At The Money (Option Pricing).
I got filled at: $1.93 with the stock at $27.26
0% stop: $0.00
+20% Target: $25.04
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
SFM 5 Year Monthly from Bigcharts 2018-10-18
SFM 1 Year Daily from Bigcharts 2018-10-18
SFM 3 Month Daily from Bigcharts 2018-10-18
SFM 3 Month Daily from Stockcharts 2018-10-18
2018-11-01
I closed out of the position today, because they had posted earnings an the market reaction was neutral. I lost about $100 and I'm about done just buying options altogether
I got filled at .80 So I lost $113
SFM 3 Month Daily from Stockcharts 2018-11-01
SFM-5-Year-Monthly-from-BigCharts-2020-06-05-1
SFM 2 Year Weekly from BigCharts 2020-06-05SFM-3-Month-Daily-from-BigCharts-2020-06-05SFM 3 Month Daily from StockCharts 2020-06-05
