Archive Category: Precision Profits

Today I’m happy to announce an exciting upgrade to your Precision Profits subscription! As you already know, I’ve been hosting a daily live Trade Room each morning the market is open. During these sessions with my Chief Research Analyst Matt Clark, we shared strategy updates along with the day’s top trades.

Earlier this week, we switched into put options following our interest rate model for iShares Russell 2000 ETF (NYSE: IWM). Specifically, we closed our IWM January 5, 2024 $204 calls on Wednesday with a 97% loss. That was $268 lost per contract.

I hope you’re enjoying the holiday season. We have another long weekend ahead of us, and because our office is closed on Monday, I’ll be sending your next Market Intel report on Tuesday, January 2. This was a short week wedged between Christmas and New Year’s Day. Although volatility has been low in the stock market, we still had a trading opportunity.

I want to start this week’s portfolio update with a few questions that we recently received…

I want to start this week’s portfolio update with a look at our strategy that follows the interest rate model on iShares Russell 2000 ETF (NYSE: IWM). Last week, I explained the rules to our IWM strategy. This week, we followed the rules. The rules may have left many of us feeling frustrated.