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

Sell These Seven Stocks

Jimmy Butts
March 10, 2020

$5 trillion… gone. That’s how much the S&P 500 has lost since its record high in February. Yesterday, the market had its worst day since 2008, and more than 3,500 stocks hit 52-week lows. The market rout caused seven of our stocks to close… Read More

Here’s How I’m Handling Today’s Market Rout

Jimmy Butts
March 9, 2020

The stock market forgot to take a break this weekend… When trading opened up in the futures market Sunday evening, the market rout from Friday continued. In fact, as the S&P 500 Index plunged nearly 5% and triggered its first circuit breaker that halted trading (the last time we saw… Read More

What’s Behind The Selloff? Here Are 3 Possible Reasons…

Amber Hestla
March 5, 2020

The stock market is undergoing an official correction, which means the price has fallen at least 10% from its high. The question is why. I’ve written about this before as the situation was unfolding. But as I consider the current state of the stock market right now, there are the only three possibilities I see… and two of the three point to even lower prices. Here Are The Three Possibilities I See: 1) The decline is an overreaction to coronavirus fears. 2) The decline is a justified reaction to the possibility of a… Read More

The stock market is undergoing an official correction, which means the price has fallen at least 10% from its high. The question is why. I’ve written about this before as the situation was unfolding. But as I consider the current state of the stock market right now, there are the only three possibilities I see… and two of the three point to even lower prices. Here Are The Three Possibilities I See: 1) The decline is an overreaction to coronavirus fears. 2) The decline is a justified reaction to the possibility of a pandemic. 3) This is a typical decline that precedes a recession. The best case is that the market is overreacting to the coronavirus. But we have seen pandemics before, and traders didn’t react like this. For example, in 2009, pH1N1 influenza swept across the globe. According to the CDC reports, from April 2009 to April 2010, the United States experienced approximately 60.8 million cases, 274,304 hospitalizations, and 12,469 deaths due to the virus. And what did the stock market do? A lot, actually. Over that same period, the S&P climbed 48%. So, the last time we dealt with a… Read More

Here’s Why You Should Add Disney To Your Watchlist

Nathan Slaughter
March 4, 2020

They often say that Disney World is the most magical place on earth. Maybe. But trust me, that charm wears thin when you’ve been standing in lines for about eight hours at the end of a tiring day. And that’s a conservative estimate. My family and I just got back from Mickey’s house last week. The shortest queue of the entire trip was 30 minutes… but that was only for ice cream. The kids were out of school for winter break, and we thought February might be a bit less crowded than the peak summer months. Judging by the throngs… Read More

They often say that Disney World is the most magical place on earth. Maybe. But trust me, that charm wears thin when you’ve been standing in lines for about eight hours at the end of a tiring day. And that’s a conservative estimate. My family and I just got back from Mickey’s house last week. The shortest queue of the entire trip was 30 minutes… but that was only for ice cream. The kids were out of school for winter break, and we thought February might be a bit less crowded than the peak summer months. Judging by the throngs of people, there is no “off-season” in Orlando. Approximate wait times for most of the bigger attractions were 120 minutes or more. Trying to ride more than four or five in a single day is almost physically impossible. The one exception: Star Wars Rise of the Resistance at Hollywood Studios. It’s Disney’s most expensive, ambitious and immersive experience yet. But the line is virtual. As soon as the gates open promptly at 8 AM, visitors log in to their Disney apps and click a button to reserve a boarding pass for the ride. Star Wars Galaxy’s Edge;… Read More

An Update On The Market — And What’s Next…

Amber Hestla
March 4, 2020

In the coming weeks, long-term investors need to be selective and focus on stocks they are comfortable holding for the long run. Traders are likely to see opportunities develop as the market stabilizes. Read More

In the coming weeks, long-term investors need to be selective and focus on stocks they are comfortable holding for the long run. Traders are likely to see opportunities develop as the market stabilizes. Read More