Just a note about Jason Bond’s FREE TRAINING SESSIONS yesterday.
I know a lot of people were able to attend, but towards the end of the day there were so many people trying to get in that the servers just couldn’t keep up.
He has decided to open these sessions up for one more day today if you want to spend about an hour with him and learn exactly how he uses 3 simple patterns to consistently pull money out of the market.
In fact, he’s pulled about $60,000 in stone-cold cash out already this year just like it was his personal piggy bank.
This isn’t a fluke, the guy has been doing this for almost a decade now. Take some time and make sure you see exactly how he does it!
Registration takes 1-minute. Sign up for his next training session right here.
Yesterday was almost a textbook “topping” process for the market. We have hit significant resistance on the 200-hourly averages on many key stocks. While the market has been powering higher the last couple of weeks, it is having a hard time at this level.
That is why I started to build my short positions earlier this week, to anticipate the pullback coming.
Yesterday, I was able to lock up some good profits on half of my AMZN and FIVE puts (50% and 60% respectively for about $13,000 in profits), and then waited to reload as I mentioned in the morning email.
Sure enough, the whole market rallied as the day went on and farther than I thought it would, but not much past breakeven. That encouraged me to load up again on FIVE puts and I held them into today. I added back the AMZN puts, but cut half of them overnight which I really wish I didn’t do now! Oh well, the piece I still have should do just fine today.
I want to use this time in the market to teach you what I am seeing on these stocks that gives me the confidence to start to short them. You can see my favorite “money pattern” showing up all over the place right now. When I see nice, clean signals like this I want to get aggressive on the bet that things will turn lower.
You can see the 3 times on AMZN in the past 2 months this indicator has shown us a good time to bet on a trend reversal.
We now have a 4th coming up and that is why I am buying puts. There is no guarantee it will work, but I have a high level of confidence for it, and a stop in place if it continues higher and doesn’t do what I want.
I was able to lock in $9000 yesterday on just half of my AMZN puts, and I hope to see even more from the small amount of contracts I still hold on it. If the trend lower holds, then I plan to keep the puts until it breaks out of the hourly ranges.
You will see a very similar chart on FIVE and QQQ which are the other 2 put positions I am holding right now.
I think it is a good time to look to buy more puts on any stocks you see that also fit the criteria, and keep a tight stop on them. The payday could be very big from here.
— RECOMMENDED —
How to Capitalize on Crashing Stocks
Learn how to TRADE OPTIONS the right way!
BONUS: Stay until the end of this training and receive Jeff’s Course: Become an Option Pro in 30 Days.