EVIDENCE BASED TRADING – Dr. James C Krider
April 7, 2017, momentum stock universe.
Dr. Krider’s managed portfolio YTD performance is 7.95% compared to the S&P 500’s 5.81%. This includes option trades.
Dr. James Krider creates a new stock portfolio monthly consisting of quality momentum stocks. Most portfolios contain 20 stocks and are active for three months. The portfolio is managed per the guidelines provided in the educational section To view the currently active portfolios, go to Dr. Krider’s momentum stock universe. It is completely free and updated weekly.
“Free cash” is managed in option trades.
To follow the actual and pending trades, subscribe to our premium service which includes both the portfolio and option trades.
Dr. Krider’s managed portfolio includes option trades.
Disclosure: I am long in AAPL, ABX, ACAD, AMAT, ANTM, ARCC, AVGO, BAC, BX, CIEN, DD, DIS, DOW, FB, GLW, LRCX, MBT, MO, OLN, ORN, SPY, STX, TMUS, TXN, V, VIPS, WDC, and X. I hold option positions in ACAD, AMAT, COH, DOW, ETN, JD, MOMO, MSFT, MU, NVDA, SPLK, STMP, STX, TMUS, TSRO, VIPS, VRTX, WB, WDC, WTW, YPF and YY.
Three-month chart: We are the bottom of the regression channel. The moving average has not been violated, but the ROC and RSquared are not significant for momentum.
One-month chart: The SPY continues trading below the MA20 with a negative ROC.
Technical analysis is neutral for the short- and intermediate-terms, bullish for the long-term timeframe.
Overall: The market definitely appears neutral to bearish. With the potential middle east crises looming it is a good time to be safe.
NEXT WEEKS PLAN
I probably will not be entering the momentum stocks and continue to play options over the next few weeks. The premium service has all my option and momentum trades that you can follow in real time.
To view the complete list of current momentum stocks, go to the momentum universe page. This is a free service.
James Krider, MD
Dr. James C Krider is a practicing family physician in Apple Valley, CA. Dr. Krider is a licensed insurance agent in the states of California (0I65488) and Nevada specializing in Medicare Advantage and Life insurance, an important aspect of wealth planning.
These comments were prepared by James Krider, MD, an investment advisor representative of Krider Wealth Management, LLC, a Nevada state registered investment advisor. The information herein was obtained from various sources believed to be reliable; however, we do not guarantee its accuracy or completeness. The information in this report is given as of the date indicated. We assume no obligation to update this information, or advise on further developments relating to securities discussed in this report. Opinions expressed are subject to change without notice. Opinions of individual representatives may not be those of the Firm. Additional information is available upon request. The information contained in this document is prepared for general circulation and is circulated for general information only. It does not address specific investment objectives, or the financial situation and the particular needs of any recipient. Investors should not attempt to make investment decisions solely based on the information contained in this communication as it does not offer enough information to make such decisions and may not be suitable for your personal financial circumstances. You should consult with your financial professional prior to making such decisions. PAST PERFORMANCE SHOULD NOT BE CONSIDERED INDICATIVE OF FUTURE PERFORMANCE. ANY INVESTMENT CONTAINS RISK INCLUDING THE RISK OF TOTAL LOSS. This document does not constitute an offer, or an invitation to make an offer, to buy or sell any securities discussed herein.