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

Prediction: Driverless Trucks Will Go Mainstream — And You Can Profit…

Jimmy Butts
May 4, 2023

At the beginning of each year, my research staff and I breathe a collective sigh of relief. That’s because this is when we release our annual list of investment predictions to our readers. As one of the most hotly-anticipated things we do around here, the pressure builds each year to deliver the goods. Will we be able to deliver insightful, profitable predictions for our premium readers like in previous years? If history is any guide, we should be up to the task. The next opportunity I want to tell you about is the kind of money-maker that presents itself only… Read More

At the beginning of each year, my research staff and I breathe a collective sigh of relief. That’s because this is when we release our annual list of investment predictions to our readers. As one of the most hotly-anticipated things we do around here, the pressure builds each year to deliver the goods. Will we be able to deliver insightful, profitable predictions for our premium readers like in previous years? If history is any guide, we should be up to the task. The next opportunity I want to tell you about is the kind of money-maker that presents itself only once every few decades. And if you’re looking for big-time, life-changing gains, you can’t afford to ignore it. Let me explain… Coming To A Highway Near You… Today, my team and I are convinced that an opportunity for spectacular profits is shaping up in driverless trucks. It’s not common knowledge, but self-driving trucks are already on the road. For example, you can find some delivering furniture from an IKEA in Texas to another store 300 miles away. And they’re moving orders between a Walmart warehouse and a grocery store in Arkansas. It’s unnerving to imagine an 18-wheeler humming down the… Read More

This Reliable Technical Sign Says The Market Is Heading Down

Jimmy Butts
May 2, 2023

Technical analysis. For some, it’s witchcraft. For others, it’s the holy grail. While the divide between these two camps has softened over the years, you’ll still find strong opinions one way or another. But I’m not here today to convince you why you should (or shouldn’t) rely on lines drawn on stock charts. Here’s what you do need to know… technical analysis is important. But not for reasons you might think. More Than Lines On A Chart… It should be apparent by now that markets are largely driven by the fickle behavior of humans and algos. (Revisit the recent banking… Read More

Technical analysis. For some, it’s witchcraft. For others, it’s the holy grail. While the divide between these two camps has softened over the years, you’ll still find strong opinions one way or another. But I’m not here today to convince you why you should (or shouldn’t) rely on lines drawn on stock charts. Here’s what you do need to know… technical analysis is important. But not for reasons you might think. More Than Lines On A Chart… It should be apparent by now that markets are largely driven by the fickle behavior of humans and algos. (Revisit the recent banking crisis for a reminder, which I discussed in March.) Technical analysis attempts to use squiggly lines on charts to identify where these human emotions could really come into play. For instance, the 200-day moving average is one of the most widely used technical indicators in stock trading. In August 2022, I pointed out that investors (of all types) should closely monitor the 200-day moving average. The S&P 500 fell below its 200-day moving average at the beginning of 2022. After that, every time the market rallied, it died at the 200-day moving average. Nearly on the spot. As… Read More