Ticker: IEF

This week’s recap of everything sent to you across Jim’s publications…

Wednesday’s news of a 40-year high in the official inflation number of 9.1% is making headlines. As noted in last month’s portfolio update, we are in the early stages of a bear market. It’s likely to include harrowing declines and equally shocking rallies. But until the Fed changes its policy, the path of least resistance for most stocks is lower. For now, Dan gives guidance on our open recommendations in the portfolio, including moving three positions from a buy to a hold.

We recommend selling two positions that will expire in two days, on Friday afternoon. IEF has more potential to rebound. But weighing risk and reward, it makes sense to sell this position now. We still expect Starbucks’s same-store sales to turn negative and for the stock to fall much further. Unfortunately, we are running out of time with this position as well.

Jamie Dimon has a dire warning for investors and the Fed may disappoint bulls with a hawkish outlook for rate hikes going into the June 15 FOMC meeting. That means the path of least resistance for most stocks is lower. Also, with investors looking complacent after a bounce from late-May lows, we are evaluating new trade recommendations. For now, Dan gives guidance on our open recommendations in the portfolio, including moving one position from a buy to a hold.

This week’s recap of everything sent to you across Jim’s publications…

As the Federal Reserve fights inflation by multiple rate hikes this year, threats of recession come into play as the economy slows due to higher interest rates. This situation creates a change in the yield curve as time goes on. Using the Bubble Score system, Jim and Dan recommend call options on this ETF that is leveraged to result in significant gains on the likelihood of a decline in intermediate term rates.

Aside from a few rough days earlier this week, the bull market in risky assets has been relentless. Given how far three of our positions are out of the money, Dan recommends selling them. Along with another position that expires soon.

A pause in Fed rate hikes on Dec. 13 would be a market shock to close 2017. Few investors are prepared for such a surprise, so volatility would likely spike higher. Read on for our latest thoughts on open recommendations, including the latest earnings report from Wheaton Precious Metals. As well as ten expiring positions to sell.

A pause in Fed rate hikes on Dec. 13 would be a market shock to close 2017. Few investors are prepared for such a surprise, so volatility would likely spike higher. Read on for our latest thoughts on open recommendations, including the latest earnings report from Wheaton Precious Metals. As well as ten expiring positions to sell.

A pause in Fed rate hikes on Dec. 13 would be a market shock to close 2017. Few investors are prepared for such a surprise, so volatility would likely spike higher. Read on for our latest thoughts on open recommendations, including the latest earnings report from Wheaton Precious Metals. As well as ten expiring positions to sell.