SIB XX Trade Alert: AMCX, BAH, NDAQ
Action to Take: Place the following trades for tomorrow, Friday. July 13, 2018
AMC Networks (AMCX) – Buy Limit at $64.00
Booz Allen Hamilton (BAH) – Buy Limit $46.00
NASDAQ (NDAQ) – Buy Limit $93.00
We currently have 10 positions in our XX Portfolio and a growing “wait list” of stocks as the market’s rally triggered three potential trades for us to place for tomorrow, Friday, July 13th. 2018.
Do keep your Buy Limit orders active for the stocks which haven’t executed yet. If we want to cancel a trade, we’ll give you plenty of notice. As always, you may choose to use market orders but we again advise using the Buy Limit orders and letting the market come back to us.
For the month to date, our 10 positions are positive 1.55% which is a strong return given the up and down markets we’ve seen since the beginning of the month. If earnings season provides any strength, we could see a good rally into the end of the month.
Below are the current trades which have not yet executed, followed by our current positions and returns. Home Depot (HD) is the one questionable stock because the low of the day was our Buy Limit price, so if you had that order in, please make sure it executed.
We’ll have another update soon.