Search
  • azimmerman47

Earnings Season

7th Inning Stretch - There was more action today in the Technical Trading Arena, this time in both our GAME DAY & TIME portfolios. It's earnings season which indicates the possibility of extra volatility. Today we added to three positions, Bristol Myers (BMY) in GAME DAY and Citrix & eBay in TIME. In order to fulfill such buys, we had to free up some space in both portfolios. We trimmed our position in Vale, a foreign materials company, to raise the cash in DAY which was used to add to our BMY position. We took gains in Williams Co (WMB), a pipeline company, and Chemours Co (CC), selling out of them and only partially adding to Citrix & eBay. This leaves us with extra cash on hand in our TIME portfolio, giving us more flexibility to add to other current holdings or to possibly purchase a new one in the coming days.

4 views0 comments

Recent Posts

See All

Recent Volatility

Recent stock market volatility has, in large part, been driven by news of the Covid-19 Delta variant and its tendency to easily spread. The Delta variant has caused an uptick in Covid-19 cases and sub

Consumer Price Index Update

The Bureau of Labor Statistics keeps track of an inflationary indicator called the Consumer Price Index (CPI). The CPI tracks the prices of goods and services by sampling a large portion of consumer p

Central Bank Update

Welcome back to Economic Track with Zac. This segment focuses on updates by the Federal Reserve. During the pandemic, a main goal of the Federal Reserve was to stimulate demand for products and servic