C.O.B.R.A. Buy Alert: A Signal on Euro Calls For 50% Gains

By Jim RickardsPosted July 1, 2021

Currently, interest rates in Europe are mostly negative and near all-time lows but steady, while U.S. rates are coming down fast. That makes U.S. capital markets relatively less attractive and drives global capital allocations in the direction of Europe. The euro can be expected to gain based on those flows and that’s good for holders of long positions in today’s recommendation. Using the C.O.B.R.A. system, Jim and Dan recommend a long position in FXE as lower yields in U.S. markets mean a less attractive dollar, more attractive euro and potential gains for this ETF.

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Jim Rickards’ Tactical Currency Profits

Jim Rickards

James G. Rickards is the editor of Strategic Intelligence, Crash Speculator, Gold Speculator and Tactical Currency Profits. An Ex-CIA insider, he is also an American lawyer, economist, government advisor and investment banker with 40 years of experience working in capital markets on Wall Street. He was the principal negotiator of the...

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C.O.B.R.A. System Sell Alert: Take Gains on UUP Calls

By Dan AmossPosted September 8, 2021

Jim’s analysis concluded that there is a much higher chance of UUP rising than falling in August and early September. UUP has very low volatility, so this was a lower-profit-percent trade than our typical trade. However, it had lower risk. We have a decent gain on a low-risk trade after holding for a month, so let’s take profits.

C.O.B.R.A. System Buy Alert: 90% Upside in FXC Puts

By Jim RickardsPosted September 21, 2021

The Canadian dollar has been in a downtrend lately due to political and economic uncertainty. Meanwhile, the USD is rallying against all major currencies in recent trading . Using the C.O.B.R.A. system, Jim and Dan recommend a short position in FXC as investors rush to the safety of the U.S. dollar during the current global liquidity crisis which will reward savvy investors in this ETF.

C.O.B.R.A. Alert: Let’s Take Gains On the iShares India Puts

By Dan AmossPosted May 12, 2022

The global risk-off environment has taken emerging market ETFs along for the ride. Our technical indicators for INDA are now oversold. Although many technical and fundamental indicators point to a bear market for INDA, now is a good time to exit puts.

C.O.B.R.A. Sell Alert: Sell Expiring Japanese Yen Position

By Dan AmossPosted January 20, 2022

Our bullish yen position recovered much lost ground in recent trading sessions, but is fast approaching expiration this Friday, Jan. 21. Our option hit a low of $0.80 on Jan. 4, and has since rebounded to $2.20, which has minimized the loss on this trade. The yen may continue rising, but we are close enough to option expiration tomorrow afternoon that we recommend selling now.

C.O.B.R.A. Sell Alert: Sell South Korea Puts For A Small Loss

By Dan AmossPosted January 18, 2022

EWY’s component stocks are exposed to weakness in global trade. Although South Korea’s exports are still growing, the growth rate is slowing sharply. EWY has held up better than we had expected. But its decline in recent days has taken it back to the lower end of its multi-week trading range. So, let’s exit this put position for a small loss before Friday’s expiration.

C.O.B.R.A. System Buy Alert: 60% Upside In Germany ETF Puts

By Jim Rickards and Dan AmossPosted October 22, 2021

EWG is clearly priced for a strong recovery of the German economy from the pandemic slowdown. Unfortunately for Germany (and the world), economic growth is not unfolding the way the market seems to expect. Using the C.O.B.R.A. system, Jim and Dan recommend a short position in EWG. This ETF tracks the performance of the MSCI Germany Index composed of German equities. With an economic slowdown, put holders will profit.