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

Chances are, you’ve read plenty of articles telling you how you should be investing this election season. Articles like: “Invest In These Companies If Clinton Is Elected” “How To Profit From A Trump Presidency” And more… But I have news for you. #-ad_banner-# It doesn’t matter who gets elected. Based on factual historical data, chances are good that the market is going to sink. In fact, I’m bracing for as much as a 30% economic plunge.  It’s hard to believe, but it’s true. History suggests that there’s a strong predictable pattern.  Every four years, the American people head to… Read More

Chances are, you’ve read plenty of articles telling you how you should be investing this election season. Articles like: “Invest In These Companies If Clinton Is Elected” “How To Profit From A Trump Presidency” And more… But I have news for you. #-ad_banner-# It doesn’t matter who gets elected. Based on factual historical data, chances are good that the market is going to sink. In fact, I’m bracing for as much as a 30% economic plunge.  It’s hard to believe, but it’s true. History suggests that there’s a strong predictable pattern.  Every four years, the American people head to the voting booth to elect the next U.S. president. The ripple effects from that vote can impact many financial markets… including the U.S. stock market.  And economic turmoil has immediately followed almost every new President once he’s taken office.  In 1937, Franklin D. Roosevelt’s first year, the market was down by 27.3%. Nixon watched the Dow Jones Industrial Average plunge 36%. In Reagan’s second year the unemployment rate hit 10.8% — the highest rate since the Great Depression. And according to CNN Money, in Obama’s second year, the market lost $2.8 trillion in value in only a few weeks… “some… Read More

The truth will make you sick. Technically it’s public knowledge, but I can tell you — it’s Congress’ dirty little secret. #-ad_banner-#Congress is rich. Unbelievably rich. And until just recently, insider trading laws didn’t apply to Congress. So, what are the most popular stocks owned by Congress? I’ll tell you! I don’t know which is worse: The fact that insider trading was legal for some of our nation’s wealthiest politicians… or that Congress refused to do anything about it for decades.  “A few lawmakers proposed a bill that would prevent members and employees of Congress from trading securities based on… Read More

The truth will make you sick. Technically it’s public knowledge, but I can tell you — it’s Congress’ dirty little secret. #-ad_banner-#Congress is rich. Unbelievably rich. And until just recently, insider trading laws didn’t apply to Congress. So, what are the most popular stocks owned by Congress? I’ll tell you! I don’t know which is worse: The fact that insider trading was legal for some of our nation’s wealthiest politicians… or that Congress refused to do anything about it for decades.  “A few lawmakers proposed a bill that would prevent members and employees of Congress from trading securities based on nonpublic information they obtain. The legislation has languished since 2006,” according to The Wall Street Journal.  That was, the legislation languished until 60 Minutes — one of the most-respected investigative journalism programs on television — dedicated a segment to the issue. Here’s a portion of what they had to say…        “In mid-September 2008, with the Dow Jones Industrial Average still above 10,000, Treasury Secretary Hank Paulson and Federal Reserve Chairman Ben Bernanke were holding closed-door briefings with congressional leaders, and privately warning them that a global financial meltdown could occur within a few days. One of those… Read More

These days, investors are bombarded with a lot of chatter from the market. The internet, TV and radio are flooded with so-called “experts” claiming to know the future of the economy and offering varying opinions on where investors should place their hard earned dollars. #-ad_banner-#On any given day, you might come across a dozen articles online claiming the market is in-store for a major bull run, only to see a news report claiming the next recession is just around the corner, not even an hour later. With the market presenting you such a mixed bag of opinions, how are you… Read More

These days, investors are bombarded with a lot of chatter from the market. The internet, TV and radio are flooded with so-called “experts” claiming to know the future of the economy and offering varying opinions on where investors should place their hard earned dollars. #-ad_banner-#On any given day, you might come across a dozen articles online claiming the market is in-store for a major bull run, only to see a news report claiming the next recession is just around the corner, not even an hour later. With the market presenting you such a mixed bag of opinions, how are you to know what investments you can actually trust? Simple: just ignore it completely. Now, I know that might sound like a stretch, but trust me, it isn’t. The market — and its thousands of pundits — often panders to what I think is an investor’s absolute worst enemy: their emotions. Whether its fear, optimism, excitement or panic, many investors have a way of letting their emotions completely cloud their judgments. And often times, that can cost them a big gain or lead them to some hefty losses. The truth is ignoring the market allows to you completely take the emotion… Read More

The votes have been tallied, and the suspense is over. The United Kingdom made the decision to leave the European Union in a historic referendum. Prime Minister David Cameron announced that he will step down and it’s likely that one of… Read More

Today I want to tell you about an investing strategy that defies logic. It shouldn’t work based on everything you’ve learned about the stock market. Yet it does. In fact, for over half a century, investors and traders have used this strategy to produce unparalleled results. #-ad_banner-#And no, for those of you who may be wondering, this strategy doesn’t involve options, derivatives or any other obscure financial product. What’s more, what I’m about to show you can be used as part of any general investing strategy — regardless of whether you’re focusing on income, growth, blue chips, small caps or… Read More

Today I want to tell you about an investing strategy that defies logic. It shouldn’t work based on everything you’ve learned about the stock market. Yet it does. In fact, for over half a century, investors and traders have used this strategy to produce unparalleled results. #-ad_banner-#And no, for those of you who may be wondering, this strategy doesn’t involve options, derivatives or any other obscure financial product. What’s more, what I’m about to show you can be used as part of any general investing strategy — regardless of whether you’re focusing on income, growth, blue chips, small caps or commodities. Specifically, I’m talking about relative-strength investing. Longtime readers might already be familiar with relative-strength investing. We’ve talked about it before in previous StreetAuthority Daily issues. But for those who need a refresher, allow me to provide a brief recap. Relative-strength investing is simply a type of momentum investing. It involves buying the best-performing stocks (relative to the market) and holding them until their momentum changes course. To most investors, especially those considered value investors, this strategy probably sounds ridiculous. After all, most people have heard the phrase “buy low, sell high.” Since relative-strength investors buy stocks that are already… Read More

This is a true story about how a ragtag group of Average Joes made millions trading futures contracts… And I promise if you stick with me, then there’s a very good chance you just might rethink everything you ever thought about what it takes to be a successful investor. #-ad_banner-#I actually came across this interesting story awhile back and it was said to have been inspired by the 1983 Eddie Murphy movie “Trading Places.” It all started with a simple bet between two partners: Could the average person with absolutely zero… Read More

This is a true story about how a ragtag group of Average Joes made millions trading futures contracts… And I promise if you stick with me, then there’s a very good chance you just might rethink everything you ever thought about what it takes to be a successful investor. #-ad_banner-#I actually came across this interesting story awhile back and it was said to have been inspired by the 1983 Eddie Murphy movie “Trading Places.” It all started with a simple bet between two partners: Could the average person with absolutely zero Wall Street experience be taught to successfully trade the markets? On the one hand you had Richard Dennis — a self-taught commodities trader who reportedly made his first million by the age of 25. He believed he could teach someone his trading system so that the student would be just as successful as the teacher. Then there was his partner, William Eckhardt, who thought differently. He believed people were born with an innate skill or intelligence that made them better investors than the average person. To settle the bet, Dennis and… Read More

Understanding this one catalyst could dramatically change where and how you invest… #-ad_banner-#Right now, it’s the foundation of the largest transfer of wealth in our history — more money will change hands over the coming years from this trend than the annual sales of Wal-Mart (Nasdaq: WMT), Kroger (NYSE: KR), Costco (Nasdaq: COST), Target (NYSE: TGT) and Sears (Nasdaq: SHLD) combined. It’s revolutionized entire industries, created new markets and saved entire corporations. Take the baby food industry for example. In the early 40’s and 50’s this very catalyst helped launch a relatively unknown… Read More

Understanding this one catalyst could dramatically change where and how you invest… #-ad_banner-#Right now, it’s the foundation of the largest transfer of wealth in our history — more money will change hands over the coming years from this trend than the annual sales of Wal-Mart (Nasdaq: WMT), Kroger (NYSE: KR), Costco (Nasdaq: COST), Target (NYSE: TGT) and Sears (Nasdaq: SHLD) combined. It’s revolutionized entire industries, created new markets and saved entire corporations. Take the baby food industry for example. In the early 40’s and 50’s this very catalyst helped launch a relatively unknown company — called the Freemont Canning Company — into a global icon. The company — now better known as Gerber — went from selling just 590,000 jars of baby food per year to nearly two million jars per day. By 1955, when Gerber’s sales swelled to 1.8 billion jars of baby food per year, it sold more jars of baby food in one year than in the company’s first 18 years combined. Toy maker Hasbro (Nasdaq: HAS) was next in line. In 1952, the company invented “Mr. Potato Head” — a plastic toy that… Read More

I’m often amazed at how short-sighted the pundits on Wall Street can be. Present them with nearly a century’s worth of facts and they still refuse to believe what’s right in front of their faces.  #-ad_banner-#Specifically, I’m talking about the power of relative-strength investing. Longtime readers might already be familiar with relative-strength investing. We’ve talked about it before in previous StreetAuthority Daily issues. But for those who need a refresher, allow me to provide a brief recap. If used correctly, this strategy could be the very thing that helps you land your next 100%-plus return.  I find it funny that… Read More

I’m often amazed at how short-sighted the pundits on Wall Street can be. Present them with nearly a century’s worth of facts and they still refuse to believe what’s right in front of their faces.  #-ad_banner-#Specifically, I’m talking about the power of relative-strength investing. Longtime readers might already be familiar with relative-strength investing. We’ve talked about it before in previous StreetAuthority Daily issues. But for those who need a refresher, allow me to provide a brief recap. If used correctly, this strategy could be the very thing that helps you land your next 100%-plus return.  I find it funny that when it comes to purchasing material items, people always seem to go with the latest craze or the hottest new products — yet the same can’t be said for buying and selling stocks. The notion of buying the best-selling new gadget, clothes or automobile seems like common sense to consumers. But here’s the ironic part, if you take this same concept and bring it into the investing world, many on Wall Street will simply scoff at you. Most have long considered the idea of buying the best performing stocks as “thoughtless” or “foolish.”… Read More