Just to show you how easy it is to profit, even as the Dow sinks 447, here’s the latest Rapid Retirement alert we just sent to readers.
What a way to start the year…
The Dow is down 447 on the day, as China concerns reemerge. Unless October 2015 support holds on the Dow, we could watch as the index sinks to 16,000.
Fortunately, there is some good news. Our oil put trades are paying off quite well this morning. On December 24, we recommended buying the XOM March 77.50 put, the February 77.50 put, and the CVX February 90 put.
As we speak, each is up more than 35% on today’s downfall.
Sell to close half of each to secure gains.
Happy New Year to you and your families…