Wednesday, December 24, 2014

12/24/2014 Intraday Trade

The full model sold FSLR and bought BBRY with a 1% favorable gap.

2 comments:

  1. Hi Tim,

    The model sold FSLR and yet the price has gone down over these last 3 weeks. How do I interpret this change? If the stock was cheap enough back then, it should be even cheaper now. Or have the fundamentals changed in the mean time?

    Wil.

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  2. Hi Wil,

    The full model is a mixture of fundamental and technical considerations. There is a stop-loss category in the technical model that indicates an industry has become too unpredictable to hold onto. I could end up picking FSLR back up in a few weeks if the industry stabilizes. Time will tell.

    That said, there are also some fundamental improvements I've made to the full model since I purchased FLSR, but that didn't play a role in this trade.

    Tim

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