Author Archives: Jason Kelly

Per last Sunday’s report to subscribers, mentioned here in Monday’s post, the price of oil has continued falling after OPEC decided last weekend to keep production at current levels. Crude’s price per barrel is down another 13% since last Friday’s close. The reason is that recession data keep getting uglier. Auto sales in November hit […]

In the December issue of The Kelly Letter, sent yesterday morning, I explained to subscribers why currently cheap oil will not last and then showed how we planned to benefit when the price of oil starts rising again. Key points covered include: The basic oil thesis. How recession affects the price of oil. That the […]

Since the lows of last Friday, here’s how some of the leveraged ETFs from my ETF Trading Clusters sheet have done: +145% FAS 3x Russell 1000 Financial Services  +87% UYG 2x DJ U.S. Financials  -53% SKF -2x DJ U.S. Financials  -70% FAZ -3x Russell 1000 Financial Services  +85% ERX 3x Russell 1000 Energy  +54% DIG […]

The hopeless romantic in me fell for Starbucks. Who could resist the topless logo lady kept barely modest by flowing tresses alone? She proved to be my siren on the foggy rocks. My ship, the JSS Portfolio ran aground to the sound of her charms. Which is to say I was early on Starbucks. I’ll […]

I’m pleased to offer with my compliments a reference sheet called “ETF Trading Clusters.” It’s a tool I use to trade around indexes based on the behavior of their 2x, 1x, -1x, and -2x vehicles. The financial sector, energy sector, Russell 1000, and Russell 2000 now include 3x and -3x ETFs as well. The beauty […]