by Ian Cooper | May 28, 2015 | Forgotten Profits, Trade Alerts
The markets are still range-bound with a great deal of fear over rate hikes being priced in. It’s why we’ve asked that you reduce your overall portfolio exposure to the markets until we see some direction. While we’ve enjoyed some impressive win streaks along the way,...
by Ian Cooper | May 20, 2015 | Rapid Retirement System, Trade Alerts
It’s nice to see the market moving to higher highs. It’s just too bad there’s no logical – or sane – reason for it. The bulls just continue to push the markets higher even as technical pivot points tell us we’re greatly overvalued. Typically, the Dow trades right at...
by Ian Cooper | May 18, 2015 | Rapid Retirement System, Trade Alerts
What a mess… The Dow is challenging an all-time high based on nothing. There’s nothing to get excited about. Even Money Flow indicators are telling us traders have no idea what to think any more. It’s not often MFI will just flat line. When the bottom falls out of the...
by Ian Cooper | May 18, 2015 | Forgotten Profits, Trade Alerts
Two days into the GMCR July 105 trade, we were up about 35%. While I did hear some of you exited and walked with gains, we were not able to jump out. The exit alert didn’t hit my inbox until 4:01 pm EST. The next day, GMCR fell apart. It continues to fall apart today....
by Ian Cooper | May 14, 2015 | Forgotten Profits, Trade Alerts
While holding all other open positions, consider selling to close just half of the GMCR July 105 calls. I recommended a buy on this as recently as Monday as it traded around $3.45. It now trades at $4.60. Exit half. Hold the second half. Ian L. Cooper Forgotten...
by Ian Cooper | May 11, 2015 | Forgotten Profits, Trade Alerts
I’m sure you’re aware of what’s still happening on Wall Street. On Friday, we were up 260 on the jobs report. Unfortunately, there’s not much truth to the report. If you want to see real numbers, look at the U6. Today, we’re down 65, sitting at the upper range of the...
by Ian Cooper | May 11, 2015 | Rapid Retirement System, Trade Alerts
I’m sure you’re aware of what’s still happening on Wall Street. On Friday, we were up 260 on the jobs report. Unfortunately, there’s not much truth to the report. If you want to see real numbers, look at the U6. Today, we’re down 65, sitting at the upper range of the...
by Ian Cooper | May 8, 2015 | Forgotten Profits, Trade Alerts
That was fast. On Wednesday, we issued a buy on the PG July 2015 80 calls, as they traded around $1.85. Today, the position is up to $2.50 on last trade. If you’re happy with the gain, consider selling to close half for a quick two-day gain. Have a great weekend. Ian...
by Ian Cooper | Apr 30, 2015 | Rapid Retirement System, Trade Alerts
I’ve talked a lot about market downside. It’s why we opened a put on the DIA June 179 at $2.85. Today, as the market continues to pull back, that put last priced at $3.80. I’m recommending that you sell to close half today. I don’t believe the move lower has ended....
by Ian Cooper | Apr 26, 2015 | Forgotten Profits, Trade Alerts
I told you this market was nuts. We’re still stuck in a tight channel bouncing between 17,800 and 18,100. And I’m concerned where the Dow will finally break. As the market wobbles, though, I am still finding oversold opportunities we can sneak into for near-term...
