Exiting half of ZUMZ Call, Consider SMH

After breaking to new high of 2130, the S&P 500 found heavy resistance, as persistent economic fears and worries of a 2015 rate hike gave way to selling pressure. We knew that if the 50-day was broken to the downside, the next area of support was 2075. That’s...

[Special Report] Update on Holds

The Dow slipped well under its 50-day moving average. It’s now challenging prior support. If it fails that support, we could drop to 17,612, which we’ve long talked about. In the meantime, we are holding all of the new trades issued as part of the special report. On...

Special Report: Count to 10… and Profit, Part IV

So far, so good… Since we began issuing these special report trade ideas, most of the opportunites are beginning to move in our favor. The KORS January 50 calls have been one of the faster movers for us in recent weeks, as an example. We also hold the BBY December 35...

Consider ZUMZ Call on Overreaction

Just last week, we closed the second half of the DIA July 182 put and the KORS July 47.50 call for respectable gains. We still hold a MCD June 95 put and a new MCD August 97.50 call. We hold the AXP July 80 call, the QCOM June 67.50 put, the ERIC July 11 call, and the...

Special Report: Count to 10… and Profit, Part III

There’s a reason we decided to break this report up into multiple parts. The market has lost its mind, as we’ve been saying. On Thursday, it decided to drop 200 points. If we loaded up on long positions without confirming for trend change, we’re just throwing darts. I...

Exit DIA and KORS

In May, I recommended a buy on the DIA July 182 put, exiting half for gains of 16%. Today, I’m recommending that you sell to close the second half for gains, as well. In late May, I also recommended a buy on the KORS July 47.50 call, exiting half for gains of 47%...

Special Report: Count to 10… and Profit, Part II

So far, so good… A day after we issued a buy on the KORS January 50 call, the underlying stock began to move higher, as we hoped for. Today, we’re releasing two more trading opportunities. With the market as volatile as it is, we’ve been waiting for confirmation of...

Exit half of KORS, Consider MCD

As expected, KORS is just beginning to move higher from our May 28 recommendation. There’s a good amount of upside remaining here. Consider selling to close half, though, to secure gains. As for new trade ideas, consider a long bet on McDonald’s (MCD). The stock has...

Special Report: Count to 10… and Profit, Part I

The markets are still range-bound with a great deal of fear over rate hikes being priced in. It’s why we’re asking that you reduce your overall portfolio exposure to the markets until we see some direction. Consider risking up to a maximum of 10% per trade, depending...

Consider ONTY Short

After a great string of gains, the market decided it wanted to lose its mind, and trend sideways in a tight channel. For weeks, we’ve been caught in this madness of dips and spikes. But now, as the party in China begins to wind down, and as rate hike fears reemerge,...