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

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.

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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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