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2021-07-25 DISH

DISH $41.68

This trade idea came to me by reviewing IBD Weekly VOL. 38 NO. 16 Week of July 26, 2021. I’ve tried modifying my stock screening and this is a test. Starting with an up and coming group

Monday Order
Buy to Open 3 DISH Aug 20 2021 41.5 Call Limit 2.05 = $615 total risk.
EPS Announcement trade.
If this hits +50% then I should get my money back and the rest is a free ride. I have 3x leverage on a slightly In-The-Money option

Focusing on the Groups that are in Top 40 Groups with Blue color. The idea is to catch a group that is accelerating
#26 Telecom
This week rank: 25
3 week rank: 82
6 week rank: 108

So this sector came to my attention. Going to the group in paper and copied the entire group. I focused on $20-$50 range

This is an earnings play with EPS Announcement coming due 08/07/21. This is 10 trading days out and at the shortest time frame I like to purchase

Looking at Aug 26 Days till Expiration. Monthly’s instead of the weekly’s, because there is more volume. ITM because it’s the closest strike price

DISH Aug 20 21
Strike Bid/Ask Vol Op Int
41.5 Call 2.03/2.09 0 73
42.0 Call 1.78/1.85 0 181

IBD Ratings for DISH
ChecklistRating
Composite Rating: 94
EPS Rating: 81
RS Rating: 74
Group RS Rating: A
SMR Rating: A
Acc/Dis Rating: B

IBD Market: Confirmed Uptrend

P/E Ratio: 10.75x
No dividend

5yr Monthly from Bigcharts – Above 10 Month SMA. Forming a consolidation period after a Cup and Handle break out

DISH 5 Year Monthly from BigCharts 2021-07-23

2yr Weekly from Bigcharts – Closed out the week at the 50 Week SMA

3mo Daily from Bigcharts – Above 20 EMA Bullish, Bollinger Bands contracting

DISH 3 Month Daily from BigCharts 2021-07-23

3mo Daily from StockCharts – My Standard Setup
RSI is midway 52.68
PSAR is below Bullish at 38.85. This is a floor the stop
10 Day EMA Above 41.04
50 Day EMA Above 41.32
MACD is trying to cross the zero line, but negative -.210. A strong trend is +/- 1
MACDH is already positive +.210.
Slow Stochastics is showing a positive trend 78.61

DISH 3 Month Daily from StockCharts 2021-07-23

Jul 12th – 6 days of trading of complete selling. Then a large white candle on strong volume. 2 more days positive and Friday selling on light volume

Perfect Storm Trading additional screening

Stewart Information Svcs – STC 2020-08-19

Note: This is a trade idea. Please do you own due diligence

Company Investors Relations

This trade idea came to me by reviewing Investors Business Daily Stocks on the Move. There is no real market for options and would be a long stock trade

I see this as a 9 month Cup and Handle formation and the recent trading activity sparked my interest.

Then it hit a new high 5 days ago and is currently down. I find the current trading activity interesting.

When I find something interesting there are a series of charts that I review. Dr Alexander has a triple screen for viewing charts and Trading for a Living. You start with the longest time frame

The longer term view I use is a 5 year monthly chart. I just have a 10 month Simple Moving Average (SMA) for a general trend. Above go Long. Below Short or pass on trade

STC 5 Year Monthly from BigCharts 2020-08-18

I am placing my upside target at 46.83 at the upper range of the long term high. This will hit resistance around $45.

Then I review the 2 year weekly with a 50 week Simple Moving Average (SMA). This is roughly 1 year and here again I'm looking for the general trend. Above is good

STC 2 Year Weekly from BigCharts 2020-08-18

52 Week Range:
44.86 - 20.26 = 24.6 / 44.86 = 54.8%

This the deepest part of the Cup on the chart Apr 24 - Mar 20. However, most of the market has a similar chart

Normally we are looking for a Cup that is -40% deep

At -50% deep, a very different type of speculator evolves, because they see a decline of -50% and look to double their money and get out, instead of having a long time commitment

A Cup that is only -40% down means that there is institutional support at this level. They have the deep pockets for the research teams and will be buying when the stock dips to this level

Then I drill into 2 different 3 month views: Bigcharts and StockCharts

STC 3 Month Daily from BigCharts 2020-08-18

The idea of the trade plan is to take advantage of a temporary oversold situation. The view is using Bollinger Bands from StockCharts. I like using a 20 day Exponential Moving Average to represent about 1 month of trading for the monthly trend. Moving Average Convergence Divergence MACD and Historgram

Look at the heavy selling on 08/17, but it held at the 20 Day EMA. The stock seems to be weathering the selling an creating an oversold condition. Notice the last positive day on increasing volume

STC 3 Month Daily from StockCharts 2020-08-18

This view is using Relative Strength Indicator RSI which is midrange with a slight up tic, Parabolic Stop And Reverse PSAR that I use to gauge if the short term trend is either positive or negative. This indicator can have many whipsaws, but I just use it as a general indicator

There is a MACD with slightly different parameters than BigCharts. Slow Stochastic is at the bottom

I placed a Limit order for 100 shares at $40.83 - Previous Close. I got filled early in the morning

Cost: $40.83

Stop Loss -8% at $35.94
Looking at the chart I'm setting the stop at 36.11 which is the bottom shadow of the close before the recent gap up on 07/24

Upside Target +20% at $46.83
This will hit some resistance around $45 as it approaches the previous range. That would be about a 10% gain, but I suspect that it would go higher because of the recent trading.

IBD Rankings 08/19/20

Composite Rating: 86
EPS Rating: 93
RS Rating: 76
Group RS Rating: D+
SMR Rating: c
Acc/Dis Rating: B+
ROE: 9.3%
Debt: 14%
Outstanding Shares: 23.7m
Float: 23.0m - Thin
EPS Due Date: 10/22/20. I am not planing on staying for this event, but I could capture the dividend

From TD Ameritrade Quote Summary 08/19/19
P/E Ratio: 9.21
Ex-dividend date: 10/22/20

Zacks has a Strong Buy - 1. I like to have confirmation from Zacks to confirm IBD

So this is a short term trade that will last approximately one month unless the market moves against the trade

Until next time,
Bryan

2020-09-21

I closed out of this position today, because I was up 10% and today it gaped down. I sold about noon ET. I got filled at 40.07 and had a loss of -76.10 or -1.86%

STC 3 Month Daily from StockCharts 2020-09-21

Taiwan Semiconductor Adr – TSM

Taiwan Semiconductor About Us

2020-06-01

This trade idea from my IBD Stock Screener in my review last night and I decided to pull the trigger

This first came on my radar when it was featured as #28 in IBD50 on Vol37 No 6 Week of May 08. 2020. Then TSM was featured on IBD Stocks on the Move on the 05/13 and 05/14. Currently it is #31 in IBD50 Vol 37 No 8. I am an Investor’s Business Daily guy and highly recommend all of their efforts

During my weekly review I had liked the charts and I decided on buying an In-The-Money Call Option just past earnings. If earnings get adjusted back this position is screwed\

I placed a Buy to Open Limit Order with the price split between the previous Bid/Ask spread. However it opened higher and did not get filled. I was nervous after lunch that I wouldn’t get filled

I cancelled the order and set the price .30 higher splitting the current Bid/Ask spread. I got filled at $2.80 with 2 contracts

IBD Rankings 06/01/20
Composite Rating: 95
EPS Rating: 89
RS Rating: 79
Group RS Rating: B+
SMR Rating: A
Acc/Dis Rating: D+
ROE: 20.9%
Debt: 2%
Outstanding Shares: 5186.1m
EPS Due Date: 07/16/20

From TD Ameritrade Quote Summary 06/01/20
P/E Ratio: 19.50
Ex-dividend date: 06/18/20

Zack’s has this as 1 – Strong Buy: TSM

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

TSM 5 Year Monthly from BigCharts 2020-63-01

TSM 2 Year Weekly from BigCharts 2020-06-01

TSM 3 Month Daily from BigCharts 2020-06-01

TSM 3 Month Daily from StockCharts 2020-06-01

Let me know what you think…

Impinj Inc – PI

Inpinj.com About Us

Item Intelligence for the Internet of Things

If you’ve purchased apparel from a major retailer like Macy’s or Zara, run a race like the New York City Marathon, enjoyed a drink from a Coca-Cola Freestyle soda fountain, or checked bags at airports worldwide like Las Vegas McCarran then you’ve probably interacted with Impinj. Our platform enables wireless connectivity to billions of everyday items such as apparel, race bibs, golf balls, and luggage and delivers each item’s unique identity, location, and authenticity to business and consumer applications.

Impinj (NASDAQ: PI) is a leading provider of RAIN RFID solutions. Our platform, comprising both hardware and software, uses RAIN RFID to wirelessly connect everyday items to the internet, delivering digital life to the physical world. Impinj is helping companies around the world increase sales, improve efficiencies, and deliver compelling experiences.

2019-11-10

This trade idea came to me from my weekend stocks review. This was featured in Investor's Business Daily's Stocks on the Move on Tuesday 11/05. I had liked the long term chart and I bought the following day

I bought 100 shares and got filled at $34.69

Stop Loss -5% at $32.96
Upside Target +15% at $32.96

IBD Rankings 11/08/19
Composite Rating: 91
EPS Rating: 76
RS Rating: 96
Group RS Rating: A+
SMR Rating: D Warning
Acc/Dis Rating: C - I'm early
ROE: 0%
Debt: 18%
Outstanding Shares: 22.1m
Float: 15.9m
Management owns 21.15%
EPS Due Date: 01/24/20

From TD Ameritrade Quote Summary 11/04/19
P/E Ratio: --- Warning
Ex-dividend date: 02/20/20

Zack's has this as a Buy: PI

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

PI 5 Year Monthly from BigCharts 2019-11-05

PI 2 Year Weekly from BigCharts 2019-11-05

PI 3 Month Daily from BigCharts 2019-11-05

PI 3 Month Daily from StockCharts 2019-11-05

2019-11-18

I closed out my position this morning, because the momentum reversed and I got out with a small loss. I feel the timing was too early and this will still be on my watch list. I got filled at $33.79

$34.69 - $34.79 = -$.90 / $34.69 = -2.5%

PI 3 Month Daily from StockCharts 2019-11-18

Hilltop Hldgs Inc – HTH

Hilltop-Holdings.com

About Us

With $14.8 billion in assets as of September 30, 2019, Hilltop Holdings Inc. (NYSE: HTH) is a Texas-based diversified financial holding company specializing in banking, mortgage origination, financial advisory and insurance through its wholly owned subsidiaries, PlainsCapital Bank, PrimeLending, National Lloyds Corporation, and HilltopSecurities.

2019-11-04

This trade idea came to me from my weekend stocks review. This was featured in Investor's Business Daily's Stocks on the Move on Friday's issue. They had recently posted earnings and was starting to break out of a tight consolidation base

This stock has had a buy gap up and the momentum was starting to accelerate

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

I bought 200 shares this afternoon and I got filled at $25.24

Stop Loss -5%
I am having a little tighter stop on this trade and it will place it just above the 50 day EMZ

Upside Target +15%
This will provide a 3:1 risk reward ratio. Depending on the speed that it reaches this target I can sell half the position to hold the rest for a longer term gain

IBD Rankings 11/04/19
Composite Rating: 93
EPS Rating: 85
RS Rating: 90
Group RS Rating: C+
SMR Rating: C
Acc/Dis Rating: B+
ROE: 6.3%
Debt: 3%
Outstanding Shares: 92.8m
Float: 72.4m
Management owns 21.15%
EPS Due Date: 01/24/20

From TD Ameritrade Quote Summary 11/04/19
P/E Ratio: 11.3
Ex-dividend date: 11/14/19

Zack's has this as a Strong Buy: HTH

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

HTH 5 Year Monthly from BigCharts 2019-11-04

HTH 2 Year Weekly from BigCharts 2019-11-04

HTH 3 Month Daily from BigCharts 2019-11-04

HTH 3 Month Daily from StockCharts 2019-11-04

2019-11-21

I closed out of the position today, because it moved against me and hit my stop. I got filled at $23.39

$25.24 - $23.39 = -$1.85 / $25.24 = -7.3%

HTH 3 Month Daily from StockCharts 2019-11-21

Vectrus Inc – VEC

Vectus Inc

From the Who We Are page

With more than 70 years experience, Vectrus has operated globally in a wide range of conditions from modern technologically advanced areas to austere contingency-based locations. Geographic areas of operation currently include: the Middle East (Kuwait, Qatar, and Bahrain), Central Asia (Afghanistan), Asia (Japan and Korea), Europe (Germany, the United Kingdom, Turkey, Italy and Romania), and the United States.

2019-10-17

This trade idea came to me from a friend of mine at the local IBD Meetup. This company was on open round of companies to review. I liked the chart and the way it was trading in the past few weeks

There are some warning flags like earning are not at the IBD standard. The EPS earnings are coming soon

I got filled at $43.09
50 day EMA stop at $41.29
+20% target at $51.71

The current IBD Rankings 2019-10-17

Composite Rating: 77
EPS Rating: 41
RS Rating: 95
Group RS Rating: A-
SMR Rating: C
Acc/Dis Rating: B
ROE: 17.2%
Debt: 31%
Outstanding Shares: 11.5m
Float: 11.2m
EPS Due Date: 11/06/19
PE Ratio 14
Ex-dividend date: None
EPS % Chg (Last Qtr)% -12

Zack's has this as a Hold: VEC

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

VEC 5 Year Monthly from BigCharts 2019-10-17

VLC 2 Year Weekly from BigCharts 2019-10-17

VEC 3 Month Daily from BigCharts 2019-10-17

VEC 3 Month Daily from StockCharts 2019-10-17

2019-10-28

I closed out of my position today and got filled at 46.11. This had been going up on light volume and it is extended past the 10 day EMA. The earnings are coming up on 11/06 and I did not want to hold during the earnings announcement

$46.11 - $43.09 = $3.02 / 43.09 = 6.5% in 8 trading days

VEC 3 Month Daily from StockCharts 2019-10-28

American Airlines Group – AAL

From the About Overview

Overview
Together with regional partner American Eagle, we offer an average of nearly 6,700 flights daily to 350 destinations in 50 countries. We’re a founding member of the oneworld® alliance, whose members and members-elect offer nearly 14,250 flights daily to 1,000 destinations in 150 countries.

In 2016, American Airlines Group Inc. topped Fortune magazine’s list of best business turnarounds and its stock (NASDAQ: AAL) joined the S&P 500 index.

Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

2019-06-09

This trade idea came to me om Wednesday 2019-06-06 from a friend of mine that trades options. The setup is a bounce from an oversold position and sell at the 50 day SMA. I placed a limit order for the $30 June 17, 2019 call option for $1.19

I got filled at $1.19 and have 8 days till expiration. The stock has moved in my direction, but time is short

AAL 3 Month Daily from StockCharts 2019-06-09

2019-06-13

I closed out the position today, because I did not want to be assigned the stock. I ended up selling into a great day for the stock. It had traded up on light volume yesterday and I had till Friday till expiration

I got filled at $2.56 and doubled my money in 1 week

AAL 3 Month Daily from StockCharts 2019-06-13

C A E Inc – CAE

From CAE About page
CAE is a worldwide leader in training for the civil aviation, defence and security, and healthcare markets.

2019-06-09

This trade idea came to me by running a scan from TD Ameritrade on Tuesday and I reviewed this on a bad day for the market. This resulted in 3 companies and this was the best candidate

I set the scan to:
Revenue Growth: +25% - >100%
Current Price: $20 - $50
EPS Growth: 15% - >100%
Volume: >100,000sh
MACD Histogram: Negative to Positive
Price/Sales: 2, 2-3

I bought on Wednesday 2019-06-05 in the afternoon, because I expected a dip. The stock had gone up 4 straight days and the MACDH had changed to positive. I am currently down a small percentage and looking to exit quick if it starts to move against me.

This Day 3 of a 7 Trading Day Time Stop. The IBD Rankings are below the CANSLIM standard
IBD Rankings 06/09/19
Composite Rating: 96
EPS Rating: 84
RS Rating: 94
Group RS Rating: A+
SMR Rating: B
Acc/Dis Rating: D+
ROE: 14.3%
Debt: 53%
Outstanding Shares: 266.3m
Float: 263.6m
EPS Due Date: 8/12/19

I got filled at $26.12
-5% Stop: $24.75
20% Target = $31.26

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

CAE 5 Year Monthly from BigCharts 2019-06-09

CAE 2 Year Weekly from BigCharts 2019-06-09

CAE 3 Month Daily from BigCharts 2019-06-09

CAE 3 Month Daily from StockCharts 2019-06-09

2019-06-13

I closed out the position today, because it hit my time stop. I had expected a pause, but then rebound. I got filled at $25.54 with a slight loss

$26.05 - 25.54 = -$0.51 / $26.01 = -2% in 7 days

CAE 3 Month Daily from StockCharts 2019-06-13

Pagseguro Digital Cl A – PAGS

We are a disruptive provider of financial technology solutions focused primarily on Micro-Merchants, Small Companies and Medium-Sized Companies, or SMEs, in Brazil. Among our peers, we are the only financial technology provider in Brazil whose business model covers all of the following five pillars:

Multiple digital payment solutions
In-person payments via POS devices that we sell to merchants
Free digital accounts
Issuer of prepaid cards to clients for spending or withdrawing account balances
Operating as an acquirer.

2019-05-19

This trade idea came to me during my daily review on Thursday 05/16. This was listed in IBD's Stocks on the Move. I had watched this company last year and had bought call options on this a couple of time. The net balance was a slight gain

The was on my watch list and I archived it when it broke down. When it was feature I recognized the company and liked the chart. I bought this the next morning 05/17

I got filled at $30.27
-5% stop = $28.76
20% Target = $36.33

IBD Rankings 05/19/19
Composite Rating: 99
EPS Rating: 98
RS Rating: 91
Group RS Rating: A+
SMR Rating: A
Acc/Dis Rating: B-
ROE: 29%
Debt: 0%
Outstanding Shares: 161.1m
Float: 159.5m
EPS Due Date: 8/30/19

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

PAGS 5 Year Monthly from BigCharts 2019-05-19

PAGS 2 Year Weekly from BigCharts 2019-05-19

PAGS 3 Month Daily from BigCharts 2019-05-19

EBAY 3 Month Daily from StockCharts 2019-04-25

2019-06-12

I closed out the position yesterday, because the trading action seemed to be topping. I had almost a 20% gain and I wanted to lock in my gains. I got filled at $36.24 including commissions

PAGS 3 Month Daily from StockCharts 2019-06-12

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