C.O.B.R.A. Alert: Take Profits On iShares Taiwan Puts

By Dan AmossPosted May 6, 2022

In yesterday’s portfolio update, we noted that Taiwan Semi reported decent first-quarter financial results. The stock has been weak since then because guidance was tepid. Yesterday’s NASDAQ crash took EWT along for the ride. Our technical indicators for EWT are now oversold, so now is a good time to exit puts.

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Jim Rickards’ Tactical Currency Profits

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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C.O.B.R.A. Alert: Take Profits On iShares South Korea Puts

By Dan AmossPosted April 25, 2022

In a little over two weeks, we have had a nice gain on our EWY position. Samsung (a major component of this ETF) will report earnings later this week. It might spark a bounce in the stock. Let’s sell this position now and watch EWY for another high-potential trade setup in the future.

C.O.B.R.A. System Sell Alert: Take a 97% Gain on FXI Puts

By Dan AmossPosted July 27, 2021

Late last week, the Chinese government cracked down on for-profit education companies. The action chilled sentiment toward Chinese stocks, which are all heavily influenced by government policy. The net result has been twice the expected return in half the time for our puts. Now is a great time to take profits.

C.O.B.R.A. Alert: Take Profits On iShares United Kingdom Puts

By Dan AmossPosted June 13, 2022

Britain has worse stagflation than in the U.S. due to heavy oil and gas imports. This is making the puts on our EWU more valuable. Although many technical and fundamental indicators point to more downside for EWU, now is a good time to take a profit on our recommendation.

Buy Alert: C.O.B.R.A. System Signals 100% Upside in Taiwan Puts

By Jim Rickards and Dan AmossPosted March 14, 2022

The war in Ukraine will not only affect equities and exchange rates in Russia, but also reflect volatility in other geopolitical areas as well. Using the C.O.B.R.A. system, Jim and Dan focus on a short position in an ETF tracking Taiwanese equities as Taiwan is in the crosshairs both politically and economically due to threats from the Chinese government and supply chain disruptions in the semiconductor industry. These headwinds will have an effect on its share price in the coming weeks.

Buy Alert: COBRA Signals Another Opportunity in FXI Puts

By Jim Rickards and Dan AmossPosted June 8, 2022

China’s economic outlook looks bleak with a stupendous mountain of corporate, provincial, and bank debt that is completely unsustainable. Even if that debt does not come crashing down in the near future, it definitely acts as a drag on growth. Using the C.O.B.R.A. system, Jim and Dan revisit a short position in the leading ETF that tracks the performance of major Chinese stocks as the best way to capture profits on an expected drawdown in Chinese equity markets.

C.O.B.R.A. Buy Alert: A Trade With 40% Upside in Japanese Yen

By Jim Rickards and Dan AmossPosted December 8, 2021

In the past year, the yen has had a precipitous decline against the U.S. dollar. This decline has been reflected in the share price of FXY. But there are signs of changes in the Japanese view of monetary and fiscal policy that could presage a stronger yen. Using the C.O.B.R.A. system, Jim and Dan recommend a long position in this ETF that closely tracks the USD/JPY exchange rate and will make significant gains on a yen rally with its favorable current entry point.