Hotlines
Oil Topping out
Oil has reached $50 twice in the last few weeks. We have had a tremendous rally in oil since the lows reached in February. Today, we started to see a breakdown in crude. We believe oil could be at a short-term top and that we should take advantage of a change in direction to the […]
Back to the Dollar Trade
We bought back our June SPY calls and sold our UUP call yesterday to realize profits of 90% and 95%, respectively. If you haven’t closed out those trades yet, please do so today. We will put on more exposure in those two areas in the near term. We want to bring up one point on the […]
Come on, Take the Money and Run…
We have made a tidy profit in a couple of our options positions, and the risk-reward analysis clearly skews to the risk side. With that in mind, when you receive this alert, sell to close the UUP June $24 calls (UP160617C00024000) and buy to close the SPY June $215 calls (SPY160617C00215000). The dollar will probably continue to […]
Vegas Baby…
We had the pleasure of attending and speaking at the Las Vegas MoneyShow last week. We conducted a two-hour workshop on our methodology about how we generate our ideas and ultimately pick the exchange-traded funds (ETFs) and options that we recommend. First and foremost, we want to welcome all of our new subscribers from the event […]
The Market is Making Trading Difficult
Sometimes we have to be patient when implementing trading strategies, especially when options are used. A sideways market, such as the one we have now, does not always provide an opportunity to place a trade with big upside. Despite the challenge, I do have trades that I am recommending today. Three weeks ago on April […]
Dollar Poised To Rise
Markets never move in a straight line. There always are counter-trend moves. Most of you probably know that the U.S. dollar has been in a strong upturn for the past few years. As we entered 2016, the Fed had just raised interest rates and given many dollar bulls renewed belief that the rise would continue. […]
Leaking Out Part of our Oil Trade
We have seen a tremendous run in oil and, as such, our USO call option has enjoyed some decent gains. As the market stumbles a bit and we enter a seasonally difficult time for both equities and oil, we believe it would be prudent to break apart our United States Oil (NYSE:USO) put and call trade […]
The Fed has Spoken
We realize this week’s alert is coming to you a little later than usual but we wanted to wait for the latest message from Federal Reserve Chair Janet Yellen and her colleagues at the U.S. central bank. Coming into this week’s Federal Open Market Committee (FOMC) meeting, we believed the Fed had limited time to […]
Time To Collect Some Income
Who would have thought two months ago that the S&P 500 would be less than 2% away from an all-time high? Since then the market has moved up 16% in virtually a straight line. That situation has caused market participants to scramble and reposition their books by covering short positions and going long in equities. Quarterly […]
Making Two New Trades in the Energy Sector
We have traded oil quite successfully during the past two months and it’s time to go back to where we have made money in the past. Oil has had a big two-week rally. United States Oil Fund (USO), which tracks the price movement of WTI crude, is trading at its highest level of the year […]
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
