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April 28 newsletter

EVIDENCE BASED TRADING – Dr. James C Krider

April 28, 2017, momentum stock universe.

4-28-17 Dr Krider performance

Dr. Krider’s managed portfolio YTD performance is 16.15% compared to the S&P 500’s 7.16%. These results are calculated and reported by Interactive Brokers using Dr. Krider’s own account.

Dr. James Krider creates monthly stock lists consisting of quality momentum stocks with associated weekly options. For each stock a stop loss and maximum position size is calculated. Stocks are entered and managed with options. For stocks we wish to own or control, we purchase a call at or near the stop loss with an expiration of 3 months. Our excess cash is put to work selling PUTs for income on a one to two-week basis with a minimum annualized gain of 20%. To view the current portfolios, go to Dr. Krider’s momentum stock universe. It is completely free and updated weekly.

To follow all actual and pending trades, subscribe to our premium service.

Disclosure: I am long in AMAT, ANTM, ARCC, AVGO, BX, CHTR, ETN, FG, GLW, JD, LRCX MO, OLN, ORN, SPY, TMUS, V and WDC.  I hold option positions In AAPL, AVGO, CBC, CC, CCL, CHTR, DIS, DOW, EBAY, ETN, MU, NVDA, PCLN, RACE, TMUS, TXN, UNH, and WDC.

MARKET REVIEW        

Three-month chart: We at the middle of the regression channel which continues to flatten. Neither the rate of change or RSquared is significant for momentum, however, the MA60 slope is increasing and shows upward momentum and the trend is UP
4-28-17 3-month

One-month chart: RSquared and ROC are not significant for momentum. Again, the MA20 is increasing and shows momentum.

4-28-17 1-month

Technical analysis is neutral for short- and intermediate-term and remains bullish for the long-term timeframe.

Overall: The market is flat. We will play the market neutral.

NEXT WEEKS PLAN

At this time, I do not plan to do anything different. I will continue to add to my purchased “calls” in momentum stocks when/if they pull back allowing me to average down. All excess cash will be used to sell puts going one to two weeks out.

The premium service has all my option trades that you can follow in real time.

Happy trading,

Dr. James Krider MD

 

 

 

 

James Krider, MD

Dr. James C Krider is a practicing family physician in Apple Valley, CA.

Dr. James C Krider is an Investment Advisor Representative licensed in the state of Nevada and is President of Krider Wealth Management, an Investment Advisory corporation based in Nevada.

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.


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