|Day Low/High||7.21 / 7.65|
|52 Wk Low/High||1.90 / 3.92|
The slowest part of the trading year is setting up for the most volatile month.
We're in the slowest part of the trading year, setting up for the most volatile month.
North Korea puts a worrying wrinkle in the markets. We add to 2 portfolio positions.
We made several trades and price target changes during a mixed week for the portfolio.
The portfolio has some high fliers and underperformers last week as we head into the heart of earnings season.
We brought a new name into the portfolio last week as the Fed's comments helped lift the market.
We made no trades during the holiday-shortened week, but added to our natural hedge today.
Investors considering a purchase of AXT Inc stock, but cautious about paying the going market price of $6.38/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2018 put at the $5 strike, which has a bid at the time of this writing of 35 cents.
We added a name to the portfolio's Bullpen as a whirlwind quarter came to an end.
We exited 2 positions and took some profits during a busy week for the portfolio.
We initiated a new position and made several other trades during a week of twists and turns.
We initiated 2 new positions in a week dominated by political events.
In recent trading, shares of AXT Inc have crossed above the average analyst 12-month target price of $7.55, changing hands for $7.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.
It is clear that tax policy isn't going to be solidified in a couple of weeks.
Finding new buys becomes more difficult, and knowing when to lock in gains isn't easy, either.
You can feel the misery of those who are struggling with feelings of being left behind.