by Ian Cooper | Feb 24, 2015 | Uncategorized
Unbelievably, the markets are screaming higher. I’m just not sure how long this can last. The bulls have completely lost their minds, thinking all is okay. But it’s not. It’s a wait and see right now. For the time being, let’s take more gains off the table. Sell to...
by Ian Cooper | Feb 23, 2015 | Uncategorized
Over the last week, I recommended opening the DIA April 179 put, the AAL May 50 put, the XOM April 90 put, and the RIG May 18 put. The XOM, RIG and AAL trades were issued on the idea that oil would resume its fall. And that’s exactly what happened. Within days of...
by Ian Cooper | Feb 23, 2015 | Uncategorized
Over the last week, I opened a new Forgotten Profits trade with the DIA April 179 put. I’m hesitant to really go long new trades at the moment, as the indexes challenge massive overhead resistance just above 18,000. If we fail here, we could fall back to the 200-day...
by ADRIAN MANZ | Feb 19, 2015 | Uncategorized
On Friday February 20, 2014 we will close positions that were opened on January 23, 2015 for a 5.3% gain. Those positions are as follows: Ticker Return % Start Price End Price INT 11.6 48.75 54.4 ANW 2.5 14.01 14.35 SKYW 5.7 13.21 13.95 BKS 2.4 24.07 24.65 ARW 10.4...
by Ian Cooper | Feb 18, 2015 | Uncategorized
Oil has been moving higher in recent days, but I do not think it’ll last. There’s still too much supply on the market, as compared to demand… and bulls forget this. Even though rigs are being shut down, it’s not changing the amount of excess supply. We also have to...
by Ian Cooper | Feb 18, 2015 | Uncategorized
Hello all… Ian Cooper here. I’ve been watching the market with great concern, as the major indices challenge heavy triple top resistance with bearish signs on MACD, MFI and RSI beginning to emerge. If this top gives way with no real sustainable news or momentum, the...
by Ian Cooper | Feb 18, 2015 | Uncategorized
Hello all… Ian Cooper here. I’ve been watching the market with great concern, as the major indices challenge heavy triple top resistance with bearish signs on MACD, MFI and RSI beginning to emerge. If this top gives way with no real sustainable news or momentum, the...
by Ian Cooper | Feb 12, 2015 | Uncategorized
DECK is up another $1.26. The move has only accelerated our gains on the DECK March 75 and April 75 calls. But with time decay ticking higher, I’m recommending that you sell to close these two calls for very easy, quick gains. Congratulations on such fast gains. At...
by Ian Cooper | Feb 10, 2015 | Uncategorized
DECK is up another $2.36 on the day to $75.10. The move has added some good upside to our newly bought DECK March 75 and April 75 calls. While I’m still looking for a bearish gap refill, I’m recommending that you sell to close half of these trades today to secure...
by Ian Cooper | Feb 9, 2015 | Uncategorized
In late January 2015, I recommended exiting half of the SLV April 18 put for gains. Today, believing SLV could reverse higher I’m recommending that you exit the second half, while holding the long-dated SLV January 2016 18 call. Hold all other positions. Over the last...