Sell Alert: Book Gains on Wynn Resorts Puts

By Dan AmossPosted July 11, 2022

Wynn’s stock fluctuates wildly on perceptions of Chinese consumer spending, outbound travel, and U.S.-China economic relations. Macau’s government has shut down the casino capital of Asia this week on COVID fears. WYNN stock has more downside, but our thesis has played out in the nick of time, ahead of expiration this Friday. Let’s take a nice gain after a wild ride.

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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...

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Special Fed Update and BONUS Trade

By Jim Rickards and Dan AmossPosted July 26, 2022

Jim gives an analysis on the upcoming Fed FOMC meeting and what to expect from market reaction both right after the announcement and in the coming days and weeks ahead. Also, a bonus trade is provided with this special report to take advantage of continued market volatility.

Bubble Score Alert: On The Hunt For Profits In Trucking

By Jim Rickards and Dan AmossPosted July 21, 2022

Transportation and trucking companies are not immune to the global supply chain breakdown that is plaguing logistics providers on a global basis. With driver shortages, equipment shortages, and logistics bottlenecks facing truckers since 2019, revenues will suffer as a result. Using the Bubble Score system, Jim and Dan recommend put options on one of the largest trucking companies in North America as these headwinds will impact its earnings and drive down its stock price.

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.

Sell Alert: Take Gains on Block Puts

By Dan AmossPosted April 25, 2022

Almost every stock that floated higher on easy Fed policy was clobbered in trading sessions last Thursday and Friday. SQ now looks oversold, so let’s take gains on this position. SQ may go lower in the near-term. But the bid for our puts is now so large that we should hit it and sell.

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.