As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price. This is your chance to ?look over? John Thomas? shoulder as he gives you unparalleled insight on major world financial trends BEFORE they happen.
Trade Alert - (UVXY)- STOP LOSS
Sell the ProShares Ultra Vix Short-Term Futures ETF (UVXY) at $38.87 or best
Closing Trade
5-22-2015
Portfolio weighting: 10%
Number of Share = 207.4 shares
This is a classic example of the market remaining irrational longer than you can remain liquid.
At this price, the Volatility Index (VIX) is not only assuming that the S&P 500 rises all week, but all summer as well.
However, I must protect my substantial gains for this year, so I am going to maintain iron discipline, observe my own hard and fast rule, and stop out at a 2% loss.
It seems that whenever I try to punch through a 2015 profit of 25%, and invisible hand slaps me back down, time after time. Maybe the market is trying to tell me something.
This halts our run from the October, 2014 bottom to a generous 23.83%.
Here is the specific trade you need to execute this position:
Sell 213.2 (UVXY) shares at?????$9.87
LOSS: $46.85 - $38.87 = -7.98
(213.2 shares X -$7.98) = -$1,701.33, or -1.70% loss for the notional $100,000 model trading portfolio.
