[FP Trade Alert] Consider QQQ Put

Let’s keep this quick and short. I’m diving into some new opportunities for Forgotten Profits, but wanted to make sure you received this recommendation quickly.  After briefly dipping under 16,000, the Dow is now down 302 points to 16,011.  It’s a mess.  At this...

[FP Trade Alert] Consider InterOil…

  The last time I traded IOC I picked it up personally around $15 a share… I would watch it explode to $90 a share years later, buying the dips, selling the rips. At the moment, IOC is again dipping into oversold territory on MACD, and RSI. Money Flow has been...

[RRS Trade Alert] Consider Zumiez Again…

The last time we traded ZUMZ it just gapped from $30 to less than $24. Incredibly oversold reads on MACD, MFI and RSI got us in as the stock found solid footing. Close to 14 days later, I was out of the trade with a gain of 186% using the August 25 call...

[RRS Trade Alert] Consider Aflac…

We’ve been on the sidelines this week just watching the market fumble and recover, only to fumble and recover some more… It’s a never-ending game of incessant volatility, as fears of China continue. That doesn’t mean there aren’t opportunities, though. While we...

[FP Trade Alert] High Risk Trades: Trade the Fear

If you’ve been watching the market, you know it’s been a crazed mess… One day, we’re down 500. The next day, we’re up 200… It’s insanity. But, it’s still tradable. In fact, if we pay attention to the herd, they’re actually pointing to big potential wins… For instance,...

[RRS Trade Alert] Exit TLT, TBT… and New Trades

If you’ve been watching the market, you know it’s been a crazed mess… One day, we’re down 500. The next day, we’re up 200… It’s insanity. But, it’s still tradable. For example, the timing on our TLT November 123 put and TBT December 44 call were near perfect. Both...

[FP Trade Alert] Exit McDonald’s Calls

On August 26, I recommended that you consider a position the McDonald’s (MCD) October 92.50 call and the December 92.50 call, as they traded at $2.75 and $4.20 respectively. Today, after an impressive move, consider selling to close both of those positions. The MCD...

[FP Trade Alert] Exit MCD Put for 217% in Six Days

On August 19, I recommended that you close a MCD call and open a MCD October 100 put. If you bought in, consider selling to close the position now to secure gains. McDonald’s along with many other stocks were beaten silly, as the Dow fell more than 1,700 points over...