Sell Alert: Take an 84% Gain on Spirit AeroSystems Puts

By Dan AmossPosted April 27, 2022

Boeing warned of high costs and program challenges in their recent earnings report. This news is not good for Spirit in the long-term, as Boeing is one of their critical customers. In the short-term, the recent market sell-off has pushed SPR down sharply. We have a big gain in our puts after holding for less than a week, so we recommend taking profits.

You Must Be A Subscriber To View This Content.

If you are already a subscriber, click the login button below to get access. Not yet a subscriber? Checkout our publication below and get access today!

Jim Rickards’ Countdown to Crisis

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...

View More By Dan Amoss

Bubble Score Alert: A Stock on the Wrong Side of Three Powerful Trends

By Jim RickardsPosted April 21, 2022

As Fed tightening continues with multiple rate hikes throughout the year, threats of both inflation and recession will lower consumer discretionary spending. This will affect the travel industry as well as its suppliers. Using the Bubble Score system, Jim and Dan recommend puts on this aerostructure manufacturer as multiple bearish catalysts bring a highly negative outlook for its stock price.

Bubble Score Alert: Buyers of this Casino Stock are Really Gambling

By Jim Rickards and Dan AmossPosted June 14, 2022

Leisure and entertainment destinations will do worse than average in this inflationary environment. Everyday Americans have to put gas in their cars along with putting food on the table. With higher prices across the board, once those necessities are taken care of, there is far less discretionary income for vacations, resorts and casinos. Using the Bubble Score system, Jim and Dan recommend put options on one of the world’s largest operators of luxury resort and entertainment venues as a drop in discretionary spending will put pressure on its stock price in the coming weeks.

Sell Alert: Take Gains on NVIDIA Puts

By Dan AmossPosted May 25, 2022

We noted in our buy alert earlier this month that investors might sell NVDA ahead of the company’s May 25 quarterly report in anticipation of management cutting revenue guidance. But we also wouldn’t be surprised if NVIDIA’s popular CEO reignites enthusiasm for the stock. With the stock trading lower heading into earnings, let’s sell now ahead of the report for a nice gain after three weeks.

Bubble Score Alert: This Airline Is Not Scheduled For Liftoff In 2022

By Jim Rickards and Dan AmossPosted March 29, 2022

Oil prices will go much higher despite Fed tightening throughout the year. This is a major headwind (among several) to airlines as higher fuel costs impact their profitability. Using the Bubble Score system, Jim and Dan recommend put options on this major airline stock as inflation continues to curtail discretionary spending and recession fears will put pressure on its stock price.

Bubble Score Alert: Gain 50% as Fed Flattens Treasury Yield Curve

By Jim Rickards and Dan AmossPosted May 23, 2022

As the Federal Reserve fights inflation by multiple rate hikes this year, threats of recession come into play as the economy slows due to higher interest rates. This situation creates a change in the yield curve as time goes on. Using the Bubble Score system, Jim and Dan recommend call options on this ETF that is leveraged to result in significant gains on the likelihood of a decline in intermediate term rates.

Bubble Score Alert: A Tighter Fed Policy Spells Trouble For Block

By Jim RickardsPosted March 18, 2022

Weak management, stock liquidation pressure, and subprime lending are a recipe for a stock price collapse at the best of times. When you combine that with the Fed’s mission to raise rates, which could well end in recession, it spells trouble for companies used to limitless nearly-free capital. Using the Bubble Score system, Jim and Dan recommend put options on this digital payment company as Fed tightening will impact its cash flow and put pressure on its share price.