Long Fiserv @ 215.38 - You do NOT want to miss this one!

3 Dis

C'mon, look at that chart. It's the chart equivalent of a cute puppy.
How could you not love it? It has a little something for everyone. The chartists will love how the close today sits right at the confluence of both recent support and the trend line. It's not volatile, it's beautiful.

And for me, it's only given a buy signal 12 times in the last year before today (because it doesn't correct hardly ever). Unsurprisingly, all 12 have been profitable. In that time, the average gain has been 1.27% and the average holding period was LESS THAN 2 DAYS (the LONGEST trade in the last 12 months lasted 7 trading days - but it was also the biggest win). That works out to a stellar .66% per day held this year - about 15x better than the S&P 500 average daily return.

Over a longer time frame, I have a ranking system that factors in gain per day held, total number of trades (sample size), largest drawdown (based on how I trade) and average number of days held per trade. Out of roughly 750 stocks with market caps above 10B, it has the 4th best composite score. It is both very profitable, very safe, and produces quick returns, historically. For comparison, the only stock I've posted on here as a trade idea that has a better lifetime composite score than FISV is MSFT. That's some pretty good company when you think about how well MSFT has done over its lifetime.

So obviously, I went long today at the close. Per my usual strategy, I'll add at the close on any day it is still rated a 'buy" by my algo, and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.

As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.

4 Dis

Dagangan ditutup: sasaran tercapai

Well that was embarrassing...that's what I get for hyping FI, I guess. Sold the 1 lot at the close for a 1 day gain of 0.27%. It's still over 6x better than the long term average daily return of the S&P 500, but somehow it almost feels like a loss. It was the 3rd worst return on a trade in FI in the last 12 months. I may be disappointed, but I'm still happy. I left with more money than I walked into the trade with. Always be grateful when that happens.

4 Dis

Nota

Trade summary for my records

Wins - 1
Losses - 0

Average gain per lot = +0.27%
Average holding period per lot = 1 day
Average gain per lot per day held = +0.27%
Annualized return per lot = 0.27% x 252 trading days = +68%

5 Dis

Nota

Days like today in this stock are EXACTLY why I trade the way I do. If I hadn't been happy to walk away yesterday with a sub-par win, I'd have been stuck today with a big loss due to an absolutely unforeseeable event (the announcement of the CEO being tapped for a government position). Sometimes the rules I have suck to follow, but the market always finds ways to remind me why I follow them. I'm just glad that this time I got to be reminded by saving money instead of losing it.