New Paper Trade Setup - Aercap Holdings

Since early November, we have been maintaining a paper trading account via my Twitter page to test the various Minervini screens that were recently added to the platform. More on that in this article.

Meanwhile we have 9 open positions, the available cash is down to 9.92%.

If this new setup is triggered we will be 100% invested.

Please note that this is a virtual portfolio for purely educational purposes. Under no circumstances should these setups be considered investment advice. The intent of the papertrading account is purely to show how we arrive at these specific setups and how they can be used in an active trading strategy that focuses on position sizing and risk management.

Aercap Holdings NV

The stock retained for today is AERCAP HOLDINGS NV (NYSE:AER).This firm is involved in leasing, financing, selling and managing commercial flying equipment.

GICS Sector: Industrials

GICS Industry: Trading Companies & Distributors

21 stocks from this sector reached a new 52-week high last week, out of a total of 119 for all US sectors (US common stocks only, minimum volume 50,000).

As of October 27, 2023, the company reported better-than-expected results and raised its earnings guidance for the year. The stock has been in our watchlist for some time and meets two specific Minervini Screening filters in ChartMill (S2A+C)

• EPS Growth Q2Q at least 25% (basic screen 2)
• EPS Acceleration at least 2Q’s (basic screen 2)
• EPS surprise (last 4Q) at least 2 beats (+option A)
• Profit Margin improved 2Q’s (+option C)

Weekly Chart

Daily Chart

Weekly/daily chart and trade setup example for educational purposes only, this is not investment advice, please read our disclaimer.