Trading Ideas or Investments for Shorter Time Frame

[clarkrl2]

Sold IWB @149.63 for a loss of 3% in 6-days.


Bought PSQ (short Nasdaq   100 etf)


Bought SH (short S&P500 etf) 


I'm getting whipsawed on these index trades right now.

[clarkrl2]

Bought SLV (Silver etf) @14.70 from the 5-day SMA crossed above the 200-day SMA etf screen.

[clarkrl2]

Off topic long term purchase

Bought more CDW (CDW) @81.30 this quarter in the long term plan. Both of the previous purchases are down a little but both are down less than SPY over the same period.





round 1 -2.60% compared to SPY -7.45%



round 2 -1.39% compared to SPY -10.16%





This result is not worthy of a victory lap but it could have been worse.

[clarkrl2]

Sold SH (short S&P500 etf) @28.5 for a loss of 2.2%



Sold PSQ (short QQQ etf) @30.9 for a loss of 4.3%



A week or so ago the 5-day SMA crossed below the 200-day SMA for both. I held a few extra days because I wasn't sure the trend was reversed.

[clarkrl2]

Bought VLO (Valero) @83.70. This was from my favorite value screen.

[clarkrl2]

Sold TEX (Terex Corp.) @$35.53 for a loss of about 15.4% in 8 months. On Jan 4 I said I would sell if it approached $35. I think it is probably OK as a value play but I bought it on earnings estimate increases and a earnings beat. It no longer meets these conditions.

[clarkrl2]

Bought PKOH (Park-Ohio Holdings Corp.) @$33.00 yesterday 3/13. This is on my favorite value screen it also is on the earnings beat MRQ with recent upward estimate revisions screen.

[clarkrl2]

Bought XLF (Financial etf) @$26.75. At the end of last June I had sold my position @$26.80. The 5-day SMA is back above the 200-day SMA. I will sell again if the situation reverses.

[clarkrl2]

Sold XLF (Financials etf) @$25.43. for a loss of 4.9% in a week. The trade went through yesterday Mar. 26. This turned out to be a complete bust but my trading rule was to sell when the 5-day SMA dropped below the 200-day SMA. That condition occurred on Monday. 

[clarkrl2]

sold DKS (Dick's Sporting Goods) @38.60 for a gain of 4.3% in 5 months. I bought shares because of earnings beat and rising estimates and while they beat this quarter the estimates are in decline. They didn't offer very good guidance either.

[clarkrl2]

Sold SLV (Silver etf) @14.18 because the 5-day SMA dropped below the 200-day. This was a loss of 3.5% in 3 months.

[clarkrl2]

Bought SNX (Synnex Corp.) @$106.75. This was from one of my favorite value screens.

[clarkrl2]

off topic long term purchase

Bought ISTR (Investar Holding Corp.) @$22.30 yesterday May 24.

[clarkrl2]

OT Long term pick
Bought ISTR (Investar Holding Corp.) @$23.50 on 7/18.  This is in addition to last quarter's purchase.       

[clarkrl2]

Sold VLO @$78.10 for a loss of 6.7% in six months.
I wanted to exit a position on today's bounce and see which direction the market heads next week.

[clarkrl2]

Sold ARCB (ArcBest Corp) @31.36 for a loss of 17.9% in one year. For some reason this was not below Friday's close.
Sold DAL (Delta Airlines) @58.48 for a gain of 8.3% in thirteen months. This was down over 2% when I sold.

I didn't want to hold either one of these through a potential Middle East crisis. A conflict between Saudi Arabia and Iran would be very bad.

[clarkrl2]

I do not like using stops but because I think the indexes are either nearing a correction or a breakout through resistance I decided to put a stop loss on EXTR(6.92) and CELG(99). These are just below last weeks lows. If the market corrects I will still get some of the gain but if there is a breakout I think it is unlikely these stops will be hit.

[clarkrl2]

Sold EXTR (Extreme Networks) @$6.945 for a meager gain of 2.9% in two months. I raised my sell stop this weekend from 6.92 to 6.95. I also had raised the stop on CELG to $102.

[clarkrl2]

Sold CELG (Celgene) @$108.5 for a gain of 18.2% in about 13 months. I had raised the stop loss a couple of times to this point.

[clarkrl2]

I just saw on my shorting screen based on price<5sma<15sma<50sma some interesting symbols. AMZN, GOOGL, INTC, NFLX. I am not short any of these names but this makes me nervous about a chance for a rally near term.

[Value Buy]

Sorry I have not been around. I enjoyed this thread, and now I see it has been abandoned......... Took some guts to put your trades out there for everyone.

[clarkrl2]

Thank you Value Buy. I quit posting because POTW was really the only active thread at the time beside this one. The boards been pretty quiet over the last month. 

My current trading positions, are involving a lot of covered calls to take advantage of the periods of high volatility. The symbols are AXL, CWH, CYH, and TILE.

I also have some long term positions in CDW, ISTR, BWFG, MGPI, RDN, and VOYA. These are fairly boring but have been working out well for me. I developed a screen based on 5-year dividend growth rate and little else. CDW position was initiated about three years ago and they announced another small dividend increase today. MGPI also announced and I have yet to read the new info on it but the stock was up enough this morning I think the report must have been good. 

Some trades that I have held for a long time are GNW (a bust). TGLS (benefited from reopening), XLE (another that I haven't given up on but I bought it before the pandemic at a higher price than it is trading now. At any rate it is probably well past a shorter time frame for these three positions.

I would like to see more active thread and the site.

[djAdvocate]

it is really hard to play volatility, except for the POTW. it is really the ONLY way to win that game.

speaking of which, VB, you should come back and join us there!