by Ian Cooper | Aug 21, 2015 | Rapid Retirement System, Trade Alerts
Last night, I recommended that you consider exiting just half of the DIA November 174 put for solid gains. This option last traded around $10.65. I’m now recommending that you exit the second half of the put option here to secure even more gains. I believe we are now...
by Ian Cooper | Aug 20, 2015 | Rapid Retirement System, Trade Alerts
As we’ve been saying for quite some time, this is not a safe market. Today’s plunge was proof of that. But what’s scary is that it’s far from over. We just broke late 2014 support could very easily plunge to 16,000. We have to be prepared for anything. Our DIA...
by Ian Cooper | Aug 18, 2015 | Rapid Retirement System, Trade Alerts
I’ve been involved in the market for 16 years… With the exception of the subprime fiasco that helped me capture some incredible gains using put options on the overall market and subprime, Alt-A names, Bear Stearns and Lehman Brothers, I’ve never seen a market quite...
by Ian Cooper | Aug 6, 2015 | Rapid Retirement System, Trade Alerts
The worst isn’t over… It’s only jut begun. The Dow had just broken previous support, we warned, and could send the Dow to 17,250 unless something big happens. Since then, the Dow attempted to stage a move higher on nothing. But that has since failed as we now...
by Ian Cooper | Jul 22, 2015 | Rapid Retirement System, Trade Alerts
There’s just no rhyme or reason to the market these days… China, Puerto Rico, Greece, Russia, Iran, oil, gold… you name it. And it’s making a mess of the market. The Dow fell 200 yesterday. We’re down another 90 today… after challenging historic resistance that’s...
by Ian Cooper | Jul 9, 2015 | Rapid Retirement System, Trade Alerts
My apologies for not writing to you sooner… I had a bad death in the family. While it’s a bit painful, I have a job to do. And I’m going to do it well. Life happens. He had a great life so I can’t be too down. While I work on updating all open positions and look for...
by Ian Cooper | Jul 1, 2015 | Rapid Retirement System, Trade Alerts
We weren’t shocked by the massive sell-off earlier this week. We were expecting it. We knew Greece was trouble. Earlier this week, traders were excited over the possibility of growth in Greece. Shortly after the inevitable news was released, that joy turned to...
by Ian Cooper | Jun 29, 2015 | Rapid Retirement System, Trade Alerts
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 22, 2015 | Rapid Retirement System, Trade Alerts
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 | Rapid Retirement System, Trade Alerts
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...
