Archive Category: Precision Profits

To start off this week’s portfolio update, I’ve got a special video interview with Adam O’Dell. You probably already know Adam from Green Zone Fortunes or his column in Money & Markets Daily.

As I announced in last week’s update, Precision Profits will be merging with Adam O’Dell’s Max Profit Alert on Friday, June 7. Look for a trade alert before noon, too — since Adam’s “Wednesday Windfalls” opens a new trade almost every Monday morning.

Before we get to this week’s update, I have some important news about your Precision Profits subscription…  On Friday, June 7, Precision Profits will be merging with Adam O’Dell’s Max Profit Alert. And this is outstanding news for everyone involved.

This week, we closed a small gain with our intermarket strategy. Specifically, we exited a call option on iShares Russell 2000 ETF (IWM) for a $43 gain. We are still on a bullish signal, so we used the proceeds from this trade to buy another IWM call.

This week, we posted another gain with our intermarket strategy. Specifically, we closed a call option on iShares Russell 2000 ETF (IWM) for a $397 gain. Because we are still on a bullish signal, we used the proceeds from that trade to buy another IWM call.