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.

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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. 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: 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: Take Profits On iShares China Puts

By Dan AmossPosted June 14, 2022

FXI’s overbought condition in the middle of last week has quickly reversed. It was part of the brutal global selloff in yesterday’s trading session. Now is a good time to take profits after only holding for less than a week.

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. 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.

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.