by Ian Cooper | Jun 2, 2015 | Forgotten Profits, Trade Alerts
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...
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 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 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 admin | May 6, 2015 | Forgotten Profits, Trade Alerts
Sixteen years of trading stocks and options… Sixteen years of 85% success rates.
Sixteen years of nailing perfect calls on housing, the financials, and the greater economy… Five minutes with my Uncle Mike, and apparently I have no idea what I’m talking about. There...
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...
by Ian Cooper | Apr 20, 2015 | Forgotten Profits, Trade Alerts
As I noted last week, the markets suck at the moment. It doesn’t matter that we’re up 200 points today. We fell more than 300 just the other day. This is not a picture of market health. This is a snapshot of the S&P 500 over the last couple of sessions. This is...
by Ian Cooper | Apr 14, 2015 | Forgotten Profits, Trade Alerts
The markets are not pricing in reality. Consumers are scared to death these days. We can see that in retail spending. Homeownership rates are at 20-year lows. Unemployment isn’t healthy. The labor participation rate is at multi-year lows. The savings rate is moving...