by Ian Cooper | Jun 29, 2015 | Uncategorized
While I wish all trades could be as easy as the ZUMZ trade – which returned a quick 150% gain – that’s not always the case. We may have had some great success stories over the years, but recently losses take their toll, too. I’m not concerned, though. I’m still...
by Ian Cooper | Jun 29, 2015 | Uncategorized
While I wish all trades could be as easy as the ZUMZ trade – which returned a quick 152% gain – that’s not always the case. We may have had some great success stories over the years, but recently losses take their toll, too. I’m not concerned, though. I’m finding a...
by Ian Cooper | Jun 22, 2015 | Uncategorized
It’s sad when “smart” traders ignore great trading opportunities. When we picked up the ZUMZ August 25 calls, the underlying stock had just crashed $6. It was nothing more than an overreaction spotted with my six technical pivot tools I’ll discuss in upcoming...
by Ian Cooper | Jun 22, 2015 | Uncategorized
It took a lot of patience and banging my head against the wall to understand how a stock like AMBA could accelerate to such nosebleed levels on nothing. Then, Citron Research jumped in and noted the price wasn’t based on reality, citing the company’s absurd valuation....
by Ian Cooper | Jun 18, 2015 | Uncategorized
While holding all open positions, consider selling to close half of the ZUMZ August 25 calls. The underlying stock is just beginning to claw its way out of oversold conditions. Even though MCD (put option) and QCOM (put option) did exactly what we thought they would...
by Ian Cooper | Jun 18, 2015 | Uncategorized
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...
by ADRIAN MANZ | Jun 11, 2015 | Uncategorized
On Friday June 12, 2015 we will close positions that were opened on May 15, 2015 for a 0.1%% loss. Those positions are as follows: Ticker Return % Start Price End Price SSE 3.1 5.53 5.7 JAKK 16.5 7.21 8.4 SKYW -9.9 16.4 14.76 TSE 5.1 26.92 28.29 CMC -0.1 16.61 16.55...
by Ian Cooper | Jun 8, 2015 | Uncategorized
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...
by Ian Cooper | Jun 8, 2015 | Uncategorized
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...
by Ian Cooper | Jun 8, 2015 | Uncategorized
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...
