By
Sean Brodrick On
April 7, 202011:50 AM Eastern
I recommended Freeport McMoRan (NYSE: FCX) June puts with a strike price of $6 as a hedge last month. Those puts are falling in value as the gold market finds its footing again.
The position...
By
Sean Brodrick On
April 6, 202002:35 PM Eastern
Hey, gang, did you hear? The COVID-19 coronavirus crisis is licked! It’s clear skies ahead for the markets. The major indices are up 5% as I write this.
But to me, an “all clear” seems unlikely....
By
Sean Brodrick On
April 2, 202002:22 PM Eastern
We saw gold jump this morning, and Barrick Gold (NYSE: GOLD) went up along with it. The late action faded the move, so to be safe, we’re going to grab a gain on one of your June Barrick Gold call...
By
Sean Brodrick On
April 1, 202001:27 PM Eastern
Monday and Tuesday saw gold smacked down like a rented mule. This sometimes happens on the COMEX, as the market makers don’t want to pay up on call options at the end of the month.
We can rage...
By
Sean Brodrick On
April 1, 202010:40 AM Eastern
Yesterday, Vector Group Ltd. (NYSE: VGR) hit your protective stop. This is disappointing not only because of your recently banked gains, but because other cigarette companies are reporting booming...
By
Sean Brodrick On
April 1, 202010:05 AM Eastern
Yesterday, there was a snafu on the Abbott Laboratories (NYSE: ABT) call option recommendation. In my haste to get you a trade, I gave you the correct option symbol, but mixed in an Altria symbol...
By
Sean Brodrick On
March 31, 202010:46 AM Eastern
Today, we’re going to add more picks that should power up to fight the COVID-19 pandemic. I’m not going to spend a lot of time on each of these: Either you think the pandemic will get worse and...
By
Sean Brodrick On
March 25, 202002:58 PM Eastern
The rally in the broad indices has been excellent this week. But do you know what’s rallying even more? Gold. And miners are outpacing both.
Here’s a performance chart of the past five days …
...
By
Sean Brodrick On
March 25, 202012:52 PM Eastern
Yesterday, I sent out a flash alert. In that, I recommended you raise stops on your two bearish funds. ProShares Short S&P500 (NYSE: SH) saw its stop rise to $29.95. ProShares Short Dow30 (NYSE:...
By
Sean Brodrick On
March 25, 202012:17 PM Eastern
Yesterday, as the market soared, the raised protective stop at $36.00 on your ProShares UltraShort S&P500 (NYSE: SDS) position was hit.
That’s good for a 27.3% gain. And that comes on top of the...