Archive Category: Precision Profits

Before reviewing our portfolio, I have an important update on our Market Intel report, which you receive every Monday. To trim the growing number of emails, we’ll be combining your Market Intel with this weekly portfolio update starting next week.

Our intermarket strategy has us currently holding put options on iShares Russell 2000 ETF (IWM). While other major index exchange-traded funds (ETFs) are making new highs, IWM is not.

We traded our intermarket strategy yesterday, switching from puts to calls on iShares Russell 2000 ETF (NYSE: IWM). We sold the IWM Feb 2 $196 puts for a small gain (about 7%) and bought IWM Feb 16 $195 calls. This followed a bullish signal in 10-year Treasury yields.

Precision Profits is like an all-you-can-eat buffet for traders. The variety of trading strategies I share here is good news for many. But it may also be daunting for some. My goal is to simplify short-term trading for you. That said, I want to highlight a strategy that should be the cornerstone of your short-term trading plan — the intermarket strategy. This is our core strategy in Precision Profits that should be your primary focus. Make sure you understand and get comfortable following our intermarket strategy first before you choose to turn your attention to other trades.

I hope you’ve been carefully following our intermarket strategy on iShares Russell 2000 ETF (NYSE: IWM) because it delivered a new double-digit profit this week!