You're probably tired of hearing -- or reading -- about things like how this is a "black swan" event or that we're living in "unprecedented" times. The same goes for people saying that stocks have dropped at a "historic pace," or that we are likely in a recession. Nearly everywhere you turn it's doom and gloom... Read More
Jimmy Butts is the Chief Investment Strategist for Maximum Profit and Capital Wealth Letter, and a regular contributor to StreetAuthority Insider. Prior to joining StreetAuthority, Jimmy came from the financial services and banking industry where he worked as a Financial Advisor. There he specialized in providing customized retirement solutions for individuals. Jimmy graduated from Boise State University with a degree in business administration and finance. He also spent multiple years studying language, international business and finance in both Germany and Buenos Aires, Argentina. At one point he held his series 6, 63, 65 and 26 securities licenses. When he's not combing through financial statements or reading about finance, Jimmy enjoys being outdoors.
Analyst Articles
You don't have to invest all the cash you have. But if you have a long time horizon, then you can start dipping your toe in the water with some of the bargains out there. Read More
You don't have to invest all the cash you have. But if you have a long time horizon, then you can start dipping your toe in the water with some of the bargains out there. Read More
What Happens During Bear Market Bounces
Don’t Worry About Missing The Boat (Here’s Why)
How I’m Safely Trading This Dangerous Market
Here Are My Thoughts On This Whole Mess…
Is your head swimming yet? There’s been so much information over the last few days related to Covid-19, the selloff, Congress, local officials, your neighborhood grocery store, and more. Just two weeks ago, I spoke with six close personal friends and family within the span of 24 hours. All were aware that the market was tanking. They were all salivating at the prospect of getting in on various names. Some got in at various points, others didn’t. But the selling only ensued further. Nobody is asking for my advice now. For the ones who wanted to pull the trigger ten… Read More
Is your head swimming yet? There’s been so much information over the last few days related to Covid-19, the selloff, Congress, local officials, your neighborhood grocery store, and more. Just two weeks ago, I spoke with six close personal friends and family within the span of 24 hours. All were aware that the market was tanking. They were all salivating at the prospect of getting in on various names. Some got in at various points, others didn’t. But the selling only ensued further. Nobody is asking for my advice now. For the ones who wanted to pull the trigger ten days ago, I pleaded with them. I told them this selloff is the real deal. It’s deep and it’s furious. And what it’s going to take for us to reach the bottom is for the individual investor to feel absolutely sick to their stomach. Like an addict, most of us will be writhing in pain, wanting to rid ourselves of stocks for good. Some listened, others didn’t. Now, is this a brutal way to think about things? You bet it is. But I’ve been in this business for a long time. I’ve seen this happen before. The good news is… Read More
Remember the Y2K panic, when doomsday preppers around the world stockpiled water, food, and other essentials in advance of a societal collapse on the first day of the new millennium? My grandmother was one of them, buying into the frenzy hook, line, and sinker. She felt a little silly that… Read More
Add This Oversold High-Yielder To Your Watchlist
If you’ve spent a lot of time staring at your screen over the past two weeks looking at the market with dismay, you’re not alone. I’ve spent a lot of time covering what’s happened, but more importantly, I’ve been focusing on what we can do about it. On Monday, I gave an overview of the dire circumstances we find ourselves in due to the Covid-19 outbreak. But I also offered some hope: There are dislocations all over the market, pricing discrepancies we never see during normal trading. Investors that keep their heads during this panic will be able… Read More
If you’ve spent a lot of time staring at your screen over the past two weeks looking at the market with dismay, you’re not alone. I’ve spent a lot of time covering what’s happened, but more importantly, I’ve been focusing on what we can do about it. On Monday, I gave an overview of the dire circumstances we find ourselves in due to the Covid-19 outbreak. But I also offered some hope: There are dislocations all over the market, pricing discrepancies we never see during normal trading. Investors that keep their heads during this panic will be able to exploit them for hefty profits. On Tuesday, I told you that rather than dwell on the negatives, I’m hard at work developing a watchlist (even offering a few preliminary names): I’ve got my eye on oversold leaders in many sectors, from pharmaceuticals to defense contractors. There are attractive closed-end fund bargains, preferred stocks, and even municipal bonds. In the spirit of that sentiment, I want to spend a little time today on another name you might want to add to your watchlist. A Toll Collector For Real Estate Transactions There is a silver lining… Read More