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

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.

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Jim Rickards’ Tactical Currency Profits

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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