by Ian Cooper | Dec 11, 2014 | Chart of the Day
In 2008, I recommended my most profitable trade ever… I recommended a buy on the iShares NASDAQ Biotechnology Index (IBB) at $80 a share. Today, almost seven years later, that trade sits atop $313. Not too shabby… It was also the easiest trade I have ever issued. All...
by Ian Cooper | Dec 9, 2014 | Uncategorized
There’s good news and bad news. The bad news is we need to close out the SLV December 18 call, as well as the second half of the Janus December 15 put. The first half of the Janus put was closed with gains of 28%. These should have worked out much better than they...
by Ian Cooper | Dec 9, 2014 | Chart of the Day
Chart of the Day: Wal-Mart Over-Extends Other than the overall market, one of the most ridiculously overbought stocks is Wal-Mart (WMT). MACD is topping out and reversing. RSI is in the process of pulling back from nosebleed territory. And money has been flowing out...
by Ian Cooper | Dec 8, 2014 | Uncategorized
Other than the overall market, one of the most ridiculously overbought stocks is Wal-Mart (WMT), setting up for a fall similar to what we saw with KB Home and Lennar over the last week. MACD is topping out and reversing. RSI is in the process of pulling back from...
by Ian Cooper | Dec 5, 2014 | Uncategorized
Our American Airlines (AAL) has started out a bit rough. But I see no reason to exit the trade. I went out to May 2015 with this trade on purpose, knowing very well it would take time for the trade to work out because of oil. These airline stocks are unbelievably...
by Ian Cooper | Dec 5, 2014 | Uncategorized
Knowing just how bizarre this market really is, consider selling to close the second half of the KB Home (KBH) April 17 put for gains of up to 79% on the second half. The first half was exited for gains of up to 53% on December 2, 2014. Since recommendation, the...
by Ian Cooper | Dec 4, 2014 | Chart of the Day
The airline bulls are out… But they may soon get burned atop such lofty heights. They’re getting much too greedy. “Be fearful when others are greedy,” as we’ve learned from Warren Buffett. Sure, oil is plunging to depths not seen for years, but it’s getting much too...
by Ian Cooper | Dec 3, 2014 | Uncategorized
After a steady win streak, we do hold some losses. But we’re continuing to hold them all. As we wait for them to pan out, as they should, we do want to add a long-term trade on airline downside. The biggest reason airlines stocks – like United Continental (UAL) and...
by Ian Cooper | Dec 2, 2014 | Uncategorized
As 2014 draws to a close, we wanted to personally thank you for your continued support of Inside Value Trader. While the year was quite successful, 2015 is shaping up to be even better for us, as the markets over-extend, and as oil, solar and gas names bottom out...
by Ian Cooper | Nov 25, 2014 | Uncategorized
“Ian, I’ve really enjoyed Forgotten Profits, and made some good money with you so far. But I’m a bit concerned about the gaming puts you just recommended. What should we do?” In references to the trades on Take-Two (TTWO), Electronic Arts (EA) and Activision...
