by Ian Cooper | Sep 19, 2014 | Rapid Retirement System, Trade Alerts
It happened… just as we hoped it would. As the BABA IPO hit, flew to $99, and backed off $9 out of the gate, those that bought into the Yahoo benefactor trade watched as Yahoo fell apart fast. Last checked, shares of YHOO are down $2. If you bought into the YHOO...
by Ian Cooper | Sep 19, 2014 | Rapid Retirement System, Trade Alerts
On January 15, 2014, we issued a buy on the DIA September 170 calls. Even though the Dow pushed to 17,300, it wasn’t enough to give us a gain on the trade. These are set to expire today. Exit now.
by Ian Cooper | Sep 18, 2014 | Rapid Retirement System, Trade Alerts
Reportedly, Yahoo stands to rake in $6 billion from the Alibaba IPO. Smart investors have been lining up in anticipation for months, rallying shares from a $33 low to more than $42 a share. New traders are attempting to push in now, too… after the run. But there’s a...
by Ian Cooper | Sep 17, 2014 | Rapid Retirement System, Trade Alerts
After a great win streak, we do have positions that are down. But we continue to hold everything with original catalysts still in place. Much of the chaos on the Street is thanks to the Fed, economic worries, and geopolitical issues that have wreaked havoc for quite...
by Ian Cooper | Sep 10, 2014 | Rapid Retirement System, Trade Alerts
After Jim Cramer pumped Home Depot (HD) well into overbought territory, we went short with the HD November 2014 87.50 put around $1.70. Today, after pulling back, those puts now trade at $2.20. If you’re happy with the gain, exit half today to secure it. We’re holding...
by Ian Cooper | Sep 8, 2014 | Rapid Retirement System, Trade Alerts
After a dizzying week of ups and downs, the market is finding weakness at double top. Failure could send it down badly, which is why we hold the DIA November 169 put. At some point, the Dow needs to correct. Hold that and all other open positions. We see no reason to...
by Ian Cooper | Sep 4, 2014 | Rapid Retirement System, Trade Alerts
Yesterday, we exited half of the TOL December 2014 36 put for gains of up to 29%. Today, after watching the underlying stock, we feel it’s best to exit the second half of the trade for up to 33% gains. It’s better to be safe than risk the gain here.
by Ian Cooper | Sep 3, 2014 | Rapid Retirement System, Trade Alerts
Jim Cramer wants investors to buy Home Depot (HD) on weakness. Apparently, he’s not a technical guy because there is good downside risk here. We can look at this chart for two seconds and tell you this is not a sustainable move. MACD alone tells us HD needs to...
by Ian Cooper | Sep 3, 2014 | Rapid Retirement System, Trade Alerts
As hoped, Toll Brothers (TOL) pulled back from massively overbought conditions, falling $1.50 on the day. That move sent our TOL December 36 puts to $3 – a 25% gain from a $2.40 entry. We’re recommending that sell to close just half of the position today to secure...
by Ian Cooper | Sep 2, 2014 | Rapid Retirement System, Trade Alerts
We caught the Dow upswing from it 200-day moving average, walking with gains of 62% and 27% on DIA October 167 calls the other week… But we were sure to jump out at double top, where the Dow is beginning to break down. The Dow is insanely overbought on RSI and MACD…...