by Ian Cooper | Mar 30, 2015 | Rapid Retirement System, Trade Alerts
It’s another wild start to a wild market. After another series of massive swings in both directions, the Dow is up another 290 points today, taking us back above 18,000. Unfortunately, we’re running right back into overhead resistance again where we’ve failed every...
by Ian Cooper | Mar 25, 2015 | Rapid Retirement System, Trade Alerts
Please excuse this late alert. I just got back from a funeral. They’re always “fun.” But when the guy lives to 93, it’s easier to deal with. As for the overall market, in 16 years of trading and investing, I’ve never seen a market this bizarre. Sure, we’ve had stellar...
by Ian Cooper | Mar 25, 2015 | Forgotten Profits, Trade Alerts
Please excuse this late alert. I just got back from a funeral. They’re always “fun.” But when the guy lives to 93, it’s easier to deal with. Shortly after issuing a hedged bet on Lumber Liquidators (LL), we exited half of the put option, holding the underlying stock...
by Ian Cooper | Mar 18, 2015 | Chart of the Day
Sterne Agee just recommended that investors buy Foot Locker (FL). “Foot Locker is a better way to capture Nike’s strength,” they noted, “as Foot Locker has the ability to curate the best of athletic brands.” Unfortunately, I wouldn’t take the advice just yet. The...
by Ian Cooper | Mar 18, 2015 | Forgotten Profits, Trade Alerts
It’s been an “interesting” market. The latest 230-point move is because of Janet Yellen. But there’s no telling if the move will last. Over the last week, the Dow has sunk and rallied hundreds of points. It’s wreaked havoc on the Forgotten Profits portfolio, too....
by Ian Cooper | Mar 17, 2015 | Rapid Retirement System, Trade Alerts
On February 18, I recommended picking up the AAL May 50 calls at $3.80 on hopes that oil would sell off again from highs. Eight days later, we exited half for about 40%. Today, after watching AAL move higher, I’m recommending that you sell to close the second half to...
by Ian Cooper | Mar 16, 2015 | Forgotten Profits, Trade Alerts
As my attorney just got finished telling me, “I know your ex is nuts. You just have to deal with it.” The same thing applies to the market. It’s nuts, and well off its rocker, but we have to deal with it. Last week, the Dow lost about 500 points...
by Ian Cooper | Mar 13, 2015 | Rapid Retirement System, Trade Alerts
I will never discount Warren Buffett. The man is filthy stinking rich. I’ll never see .0005% of what he’s earned. He and I are different traders, though. He’s strictly a fundamental investor seeking intrinsic value being ignored by the rest of Wall Street. He’s not...
by Ian Cooper | Mar 13, 2015 | Forgotten Profits, Trade Alerts
The markets have been a disaster this week. One day we’re down 300. The next we’re up 250. And then, as we’re seeing today, we’re down another 250. No wonder investors — and traders — have lost their minds this week. I’m pretty sure I’m balding from it...
by Ian Cooper | Mar 13, 2015 | Rapid Retirement System, Trade Alerts
The markets have been a disaster this week. One day we’re down 300. The next we’re up 250. And then, as we’re seeing today, we’re down another 250. No wonder investors — and traders — have lost their minds this week. I’m pretty sure I am balding from it...
