Trade Alert: Doubling Down
Adding to a recent position
In a post last month, we opened a bullish options position in Wayfair (W 0.00%↑).
Portfolio Armor's New #1 Name
Painting of a KitchenAid mixer by a local artist, Jennie Traill Schaeffer. Our current number #1 name sells KitchenAid appliances, among other things. A Successful Earnings Trade In August Back in August, we placed a bullish trade on a stock based on these four criteria:
Since then, the stock has dropped another ~25%. Its short interest stands at 28%, and its RSI is again in the oversold range at about 28. In addition, two investment shops upgraded W yesterday, while UBS reiterated its buy rating (though it lowered its price target to $80). In lig…
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