• Portfolio Management for July 16, 2017

    On Friday, I opened a 1/2 DIOD short position and a full ADM short. The 1/2 DIOD was due to the low volume in that stock.

    We can see that both display selling during the bounce. However, both will issue earnings soon: DIOD around Aug 8 and ADM around Aug 1. I do not plan to hold the positions through earnings.











    The trade ideas for Monday are below.



    Note that IBM looks also interesting on the short side, but earnings are on Tuesday. Hence I will not short it tomorrow and earnings are so close that selling might be coming from funds that are afraid of a bad surprise.