by Ian Cooper | Oct 8, 2014 | Rapid Retirement System, Trade Alerts
While holding all other positions, sell to close the second half of the DIA November 169 put. These last traded with a bid-ask price of $4.15 x $4.20. I just want to protect the gain should the Dow move slightly higher before resuming yesterday’s 267-point plunge....
by Ian Cooper | Oct 6, 2014 | Rapid Retirement System, Trade Alerts
At the end of October 2014, QE3 will come to an end… It’s already spooking the market, sending us down 267 one day, only to send us back up 200 the next. Volatility is here in a big, big way. The only way to trade the market at the moment is to be a bit patient… and...
by Ian Cooper | Oct 3, 2014 | Rapid Retirement System, Trade Alerts
This has been one of the wildest markets we’ve ever seen in recent months… Last Thursday, we fell 265 points on an over-extension we’ve discussed. The next day, the market shot up 165 points. By Monday and Tuesday, the market lost its mind again. On Thursday, we...
by Ian Cooper | Oct 1, 2014 | Rapid Retirement System, Trade Alerts
[Trade Alert] Exit half of the Dow put Even though the Dow could easily shed another 400 points to the 200-day, we want to protect some of our DIA November 169 put gains. Exit half today. These last traded at $4.40. The market has completely lost its mind on those...
by Ian Cooper | Oct 1, 2014 | Rapid Retirement System, Trade Alerts
As expected, the market is continuing to break down to that 200-day moving average on economic realities. We hold all open positions, despite this move. Going forward, until the market finds and holds that 200-day, we have to be incredibly cautious. As promised,...
by Ian Cooper | Sep 29, 2014 | Rapid Retirement System, Trade Alerts
Stay tuned for that BABA options trade we promised. We’re waiting for them to open, as scheduled today. We’re still holding all open positions, including the silver calls that have under-performed to date. Silver is still massively oversold, though. It’s why we...
by Ian Cooper | Sep 24, 2014 | Rapid Retirement System, Trade Alerts
As Lennar (LEN) breaks down, the second half of the Lennar November 40 put hit $2.10. That’s a 75% gain from a $1.20 price since September 17, 2014. You should consider selling to close this position to secure gains. Hold all other positions, including the silver...
by Ian Cooper | Sep 22, 2014 | Rapid Retirement System, Trade Alerts
Sure, housing is recovering. And I’ve got a bridge to sell you. After running up, home builders are taking it on the chin again today, as housing starts fall 14.4% to 956,000 from July’s total of 1.117 million. Home builder stocks – like Lennar (LEN) – are down $1...
by Ian Cooper | Sep 22, 2014 | Rapid Retirement System, Trade Alerts
Ever have one of those days? The other day, we issued an exit alert on half of the YHOO November 42 put, and labeled it as a call, causing some confusion. If you didn’t jump out of those puts the other day for quick gains, you have another opportunity to do so today....
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...