|Day Low/High||12.73 / 13.15|
|52 Wk Low/High||6.50 / 16.69|
Trade-Ideas LLC identified Builders FirstSource (BLDR) as a strong on high relative volume candidate
Builders FirstSource, CalAtlantic and McDermott are scheduled to report after today's close.
Several names in the model portfolio experienced increased volatility, despite U.S. stocks posting just fractional losses this week and holding near record highs.
We made just one trade for the model portfolio this week as the market ended with a fractional loss.
We made several moves this week as stocks bounced back and the quarter ended in the green for the portfolio.
We'll use some of our gains in Builders FirstSource to load up on shares of Unilife.
We used the broader market decline this week to add to one position.
We used the selloff earlier in the week to make several moves in the portfolio.
We will raise some cash for the model portfolio in today's up market.
We added to one portfolio position this week as stocks extended their winning streak and earnings season concluded.
We took advantage of the third straight positive week for the market by booking some profits in 2 portfolio positions.
Builders FirstSource (BLDR) stock is advancing on Friday afternoon following the release of better-than-expected results for the 2015 fourth quarter.
The stock is up over 10% today, and has risen more than 39% in the past 4 weeks.
Quarterly results, expected after the close, follow solid sales numbers pre-announced last month.
In a week where stocks continued to rally, we added to one portfolio position and booked some profits in another.
Despite some sense of normalcy returning to the market this week, we believe readers should remain alert.
We used this week's volatility to add to our positions in five portfolio stocks while booking more profits in Yamana Gold.
Investors considering a purchase of Builders FirstSource Inc. shares, but cautious about paying the going market price of $7.09/share, might benefit from considering selling puts among the alternative strategies at their disposal.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.