Uncategorized – Page 2

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

Performance Food Group – PFGC

Performance Food Group

Performance Food Group Logo

2019-02-06

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.

Check out the setup at: 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

I got filled at $37.68
-5% stop = $35.80
20% Target = $45.22

IBD Rankings 02/06/19
Composite Rating: 95
EPS Rating: 87
RS Rating: 90
Group RS Rating: B+
SMR Rating: C
Acc/Dis Rating: A-
ROE: 15.6%
Debt: 104%
Outstanding Shares: 105.2m
EPS Due Date: 2/06/19

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

IBD Rankings 03/27/19
Composite Rating: 83
EPS Rating: 89
RS Rating: 88
Group RS Rating: B-
SMR Rating: N/A
Acc/Dis Rating: B
ROE: 0%
Debt: 0%
Outstanding Shares: 105.2m
Float: 101.0m
EPS Due Date: 5/7/19

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 2019-03-27

PFGC 2 Year Weekly from BigCharts 2019-03-27

PFGC 3 Month Daily from BigCharts 2019-03-27

FNKO 3 Month Daily from StockCharts 2019-03-15

Zscaler Inc – ZS

Zscaler

ZScaler

2019-02-03

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

IBD Rankings 02/03/19
Composite Rating: 94
EPS Rating: 53
RS Rating: 97
Group RS Rating: A+
SMR Rating: D
Acc/Dis Rating: C+
ROE: 0%
Debt: 0%
Outstanding Shares: 122.1m
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

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

I got filled at $47.38

47.60 - 47.38 = 22 / 47.38 = -.4%

ZS 3 Month Daily from StockCharts 2019-02-07

Store Capital Corp – STOR

STORE Capital Corp - STOR

2018-12-16

Dividend stocks are doing well in this environment and this REIT came to my attention. It first popped up during my screening of Investor's Business Daily IBD Weekly VOL 35 NO 30 Week of October 29, 2018. It was Rank #45 in the IBD50

When screening stocks I'm focusing on stocks in the $20-40 range, because I buy in round lots in order to be able to sell a call against it - Covered Calls

I did not take action, because I was fully committed at the time. Then it appeared in the New High list on 2018-12-06. I bought the next morning within the first hour of trading

I bought on 12/07 and this is close to the Time Stop of 7 days. If I buy a stock and it is not making me money by 7 days it a sell. I have a slight gain and tomorrow is Day 7

I got filled at $30.69
-5% stop = $29.16
20% Target = $36.83

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

STOR 5 Year Monthly from Bigcharts 2018-12-16

STOR 2 Year Weekly from Bigcharts 2018-12-16

STOR 3 Month Daily from Bigcharts 2018-12-16

STOR 3 Month Daily from Stockcharts 2018-12-16

2018-12-17

Ticktock and stop. I hit my 7 day time stop and it started out as a small loss on the day. It ended up being a -3% loss by the end of the day. This now moves me completely in cash and with this type of market I'm thinking that's a good thing.

I have been stopped out of my past several trades and have had a string of losses. I'm feeling cautious and want to wait till I see a higher probability setup. Going to ease back into the market. I need to have some more successes to commit more

Here is the 3 Month chart from Stockcharts. Large red candle - ugh

STOR 3 Month Daily from Stockcharts 2018-12-17

Chefs Warehouse Holding -CHEF

2018-12-13

This trade idea came from scouring through IBD Weekly. When reading this I'm focusing on stocks in the $20-40 range, because I buy in round lots in order to be able to sell a call against it - Covered Calls

This first hit my radar in the Vol 35 NO.33 Week of November 19, 2018 issue where it was featured in Stock Spotlight. I did not take action, because I was committed in Twitter at the time.

Then it popped up again in the Stock Spotlight section of the Vol 35 NO 34 Week of November 26, 2018 and I was still pretty committed.

CHEF showed up again in the Vol 35 NO 35 Week of December 3, 2018 issue in the Stock Spotlight section

I bought on 12/03 and this hit a Time Stop. If I buy a stock and it is not making me money by 7 days it a sell. Yesterday I was down a 1-2% and I sold this morning

I got filled at $38.56
-5% stop = $36.63
20% Target = $42.27

IBD Rankings 12/13/18
Composite Rating: 95
EPS Rating: 75
RS Rating: 98
Group RS Rating: A+
SMR Rating: D
Acc/Dis Rating: B
ROE: 5.2%
Debt: 126%
Outstanding Shares: 30.0m
EPS Due Date: 2/18/19

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

CHEF 5 Year Monthly from Bigcharts 2018-12-13

CHEF 1 Year Daily from Bigcharts 2018-12-13

CHEF 3 Month Daily from Bigcharts 2018-12-13

CHEF 3 Month Daily Stockcharts 2018-12-13

Viper Energy Partners Lp – VNOM 2018-06-25

Viper Energy Partners Lp
VNOM

2018-07-03

I sold today and got filled at $32.90. It wasn’t at my 20% target wasn’t hit, but I didn’t like the chart. It had a steady climb on light volume and I wanted to lighten up. Oil is close to $75 a barrel and has given the stock a reason to rise. I don’t have a firm conviction in the uptrend and figured this was a good time to sell. I am currently looking for another opportunity

Stockcharts.com 3 Month Daily

VNOM 3 Month Daily 2018-07-03 Stockcharts

2018-06-25

This had appeared again in this week’s IBD50 Vol 35 N.O. 12. I bought this again this morning. See the post VNOM 2018-03-20

What had caught my attention is the cross over of the 8 Day EMA over the 65 Day EMA. Also MACDH looked like it is crossing over the zero line

Cost Basis: $29.38
-5% Stop: $27.91
+20% Target: $35.26

IBD Rankings today
Composite Rating: 99
EPS Rating: 98
RS Rating: 94
Group RS Rating: A
SMR Rating: A
Acc/Dis Rating: C+
ROE: 15.7
Debt: 10%
Outstanding Shares: 113.9m

Here is the 3 Month Daily Chart from StockCharts.com

VNOM 3 Month Daily Chart StockCharts.com 2018-06-25

Sendgrid Inc – SEND 2018-06-15

Sendgrid Inc – SEND
2018-06-15

I had been stopped out of my position in Wildhorse Resource WRD. Then it broke down further and the stop kept the losses small. Having more cash available I was looking for another opportunity

I got filled today at $28.65
5% stop loss $27.22
20% gain $34.38

IBD Rankings at this time
Composite Rating: 96
EPS Rating: 80
RS Rating: 88

5 yr monthly chart from bigcharts

1 yr weekly chart from bigcharts

3 month daily chart from bigcharts

3 month chart from stockcharts

SEND 2018-06-15 3 Month Daily Stockcharts

2018-06-23

I have been stopped out of the position. I was wrong and it closed below my stop level. I believe that the bullish sentiment has been spent and I am contemplating buying a put to recap the losses

SEND 2018-06-22 3 Month Daily Stockcharts

Wildhorse Resource Dvlp – WRD 2018-06-04

Wildhorse Resource Dvlp – WRD
2018- 06-04

This was in this week’s IBD Weekly VOL 35 N.O. 9 – IBD50. This was something that I had noticed before, but I had missed it. The stock looks like it is coming out of a consolidation period

I got filled today at $27.43
5% stop loss $26.05
20% gain $32.92

IBD Rankings at this time
Composite Rating: 99
EPS Rating: 84
RS Rating: 98

5 yr monthly chart from bigcharts

WRD 5 year monthly chart from bigcharts 2018-06-04

1 year from bigcharts

WRD 1 year daily chart from bigcharts 2018-06-04

3 month daily chart from bigcharts

WRD 3 months daily chart from bigcharts 2018-06-04

3 months from stockcharts

WRD 3 monthly chart from stockcharts 2018-06-04

2018-06-14

I closed out my position today, because it hit my stop. I got filled at $26.00 and I lost about 5%. This never really turned positive. There were a few days that were positive, but it has been breaking down. There is a very narrow range. I’ve been in this position for 10 days

3 Month Chart from Stockcharts

Callon Petroleum Co – CPE 2018-05-13

Callon Petroleum Co – CPE
2018-05-13

I had seen this before last year, but passed on the opportunity. This came up on my radar from last week’s Investor’s Business Daily. I had thought this was going to be turning upward. They post earnings July 31, 2018

Cost Basis: $14.22
Upside Target +20%: $17.64
Stop Loss -7%: $13.22.

IBD Rankings
Comp: 99
EPS Rating: 97
RS Rating: 87
ROE: 5.1%
Debt: 33%
# of Shares:19.9m

Bigcharts.com 5yr Monthly

Bigcharts.com 1yr Weekly

Bigcharts.com 3mo Daily

Stockcharts.com 3mo Daily

Upland Software Inc – UPLD 2018-05-08

Upland Software Inc - UPLD
2018-05-08

I started watching Upland Software, Inc. (UPLD) on 2018-03-23 from researching Investor's Business Daily Volume 34 N.O. 51 Week of March26, 2018. I had liked the uptrend and placed this on my list of stocks to watch.

I believe that this is a good time to buy, because it is crossing the MACD zero line on the upside. It looks like the base is forming and there should be an upside bounce to around $31. They post earnings on Aug 10, 2018.

Cost Basis: $28.73
Upside Target: $35.78
Stop Loss (-7%): $26.72

IBD Rankings
Comp: 98
EPS: 78
RS: 92
ROE: 27.1%
Debt: 119%
# of Shares: 20.8m

Bigcharts.com 5 year monthly

Bigcharts.com 1 year daily

Bigcharts 3 Month Daily

Stockcharts.com 3 Month Daily

Category: Uncategorized

Pitney Bowes Inc – PBI

Pitney Bowes Inc

2019-02-25

2019-03-03

Performance Food Group – PFGC

Performance Food Group

2019-02-06

2019-02-14

2019-03-27

Zscaler Inc – ZS

Zscaler

2019-02-03

2019-02-07