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Our Bearish Call On Russian Stocks Nets 15% in Just 48 Hours

March 14, 2014

BEARISH CALL ON RUSSIA PAYS OFF

Our Bearish Call On Russian Stocks Nets 15% in Just 48 Hours

Our Bearish Call On Russian Stocks Nets 15% in Just 48 Hours

FTMDaily.com – Amid mounting tensions between Russia and the West, we advised our subscribers earlier this month to keep their eyes on Russian stocks. On March 4, I wrote the following note to all of our FTM Insiders:

With Russian stocks falling like a rock amid the Ukraine crisis, here’s one trade that could provide some short-term profits. This Russian ETF (Ticker: RUSS) is a highly leveraged (3x) inverse play on Russia’s stock market. This ETF goes up by a factor of three when Russia’s broad stock market falls by a factor of one. I always use extreme caution with these inverse ETFs as they can be highly volatile. Potential entry point at $22.31.”

On Wednesday, the ETF reached its entry price of $22.31 and we swooped in to buy shares. Then, the following day, the ETF did exactly what I expected: It soared by over 13% in a matter of a few hours. All told, our current trade is up nearly 15% in just two days! Because it never pays to be greedy, I will be looking to sell the ETF today and lock in the gains.

Each morning before the market opens, we post a new stock trading idea in our Subscribers-Only Area, complete with a buy price and a suggested exit price. This morning, I have placed another quick profit trading idea up for all of our subscribers.

Unlike many of the stock trading services that litter the web, our service is unique in that every trade we post is an idea that we actually trade ourselves. You can learn more about our daily trading ideas here. At just $19.95 per month (or $199 per year,) you can easily make your money back on your very first trade! If you want to learn to trade, or just want a good solid trading idea each and every morning before the opening bell, this is definitely the service you have been looking for! What are you waiting for?

Until Monday,
Jerry

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Become an Gold member today and benefit from Jerry Robinson’s 16 years of trading experience. All subscribers get instant access to our daily trading idea and over 25 hours of stock trading video tutorials by Jerry Robinson. Learn more here.


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Trade Alert – March 14
Sold MPC & VLO for 2.88% and 3.08% gains.
RUSS was up 13.46% in single trading day on Thursday!

Enter the Trading Room to View all Trading Activity >>

View our Trading Performance >>

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