by Ian Cooper | Sep 22, 2014 | Rapid Retirement System, Trade Alerts
Sure, housing is recovering. And I’ve got a bridge to sell you. After running up, home builders are taking it on the chin again today, as housing starts fall 14.4% to 956,000 from July’s total of 1.117 million. Home builder stocks – like Lennar (LEN) – are down $1...
by Ian Cooper | Sep 22, 2014 | Rapid Retirement System, Trade Alerts
Ever have one of those days? The other day, we issued an exit alert on half of the YHOO November 42 put, and labeled it as a call, causing some confusion. If you didn’t jump out of those puts the other day for quick gains, you have another opportunity to do so today....
by Ian Cooper | Sep 19, 2014 | Rapid Retirement System, Trade Alerts
It happened… just as we hoped it would. As the BABA IPO hit, flew to $99, and backed off $9 out of the gate, those that bought into the Yahoo benefactor trade watched as Yahoo fell apart fast. Last checked, shares of YHOO are down $2. If you bought into the YHOO...
by Ian Cooper | Sep 19, 2014 | Forgotten Profits, Trade Alerts
We continue to hold the Enerplus (ERF) January 22 calls. Days after issuing that buy, the position was up as much as 35%. While we heard some of you banked that gain, we held. We continue to hold today, despite the down move on dividend suspension news. We still have...
by Ian Cooper | Sep 19, 2014 | Rapid Retirement System, Trade Alerts
On January 15, 2014, we issued a buy on the DIA September 170 calls. Even though the Dow pushed to 17,300, it wasn’t enough to give us a gain on the trade. These are set to expire today. Exit now.
by Ian Cooper | Sep 18, 2014 | Rapid Retirement System, Trade Alerts
Reportedly, Yahoo stands to rake in $6 billion from the Alibaba IPO. Smart investors have been lining up in anticipation for months, rallying shares from a $33 low to more than $42 a share. New traders are attempting to push in now, too… after the run. But there’s a...
by Ian Cooper | Sep 17, 2014 | Rapid Retirement System, Trade Alerts
After a great win streak, we do have positions that are down. But we continue to hold everything with original catalysts still in place. Much of the chaos on the Street is thanks to the Fed, economic worries, and geopolitical issues that have wreaked havoc for quite...
by Ian Cooper | Sep 16, 2014 | Forgotten Profits, Trade Alerts
As that old The Gambler song says, “You got to know when to hold ‘em, know when to fold ‘em, know when to walk away, know when to run. You never count you money when you’re sittin’ at table. There’ll be time enough for countin’ when the dealin’s done…” I may not be...
by Ian Cooper | Sep 10, 2014 | Rapid Retirement System, Trade Alerts
After Jim Cramer pumped Home Depot (HD) well into overbought territory, we went short with the HD November 2014 87.50 put around $1.70. Today, after pulling back, those puts now trade at $2.20. If you’re happy with the gain, exit half today to secure it. We’re holding...