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

What We Can Learn From This Sport’s Major Comeback (And How To Profit)

Jimmy Butts
November 10, 2021

In the late 1990s, the sport of golf experienced a popularity spike, which was dubbed the “Tiger effect”. Sports fans will remember Tiger Woods’ 1996 PGA debut and the electrifying performances in the years to follow. But golf peaked after the turn of the century. Since then, it’s been a long, slow downward spiral. Between 2003 and 2018, more than 6.8 million recreational golfers left the sport, a 22% decline. Over the same period, more than 1,200 golf courses shuttered their doors. Golf equipment sales tanked. In 2016, Nike (NYSE: NKE) stepped away from the golf equipment business altogether, ditching… Read More

In the late 1990s, the sport of golf experienced a popularity spike, which was dubbed the “Tiger effect”. Sports fans will remember Tiger Woods’ 1996 PGA debut and the electrifying performances in the years to follow. But golf peaked after the turn of the century. Since then, it’s been a long, slow downward spiral. Between 2003 and 2018, more than 6.8 million recreational golfers left the sport, a 22% decline. Over the same period, more than 1,200 golf courses shuttered their doors. Golf equipment sales tanked. In 2016, Nike (NYSE: NKE) stepped away from the golf equipment business altogether, ditching the production of clubs, balls, and golf bags. That same year, the world’s largest golf retailer, Golfsmith International, filed for bankruptcy protection. There are a few reasons you could chalk up to the sport’s downfall. One is just how expensive it can be. After all, clubs, golf balls (which are routinely lost), and green fees quickly add up. Then there’s the… optics. The sport has long been perceived as an “elitist” pursuit, an old white man’s sport, and that certainly didn’t help draw in new younger players. Then, of course, pundits also blamed the Millennial generation’s lack of interest as… Read More

The “Shadow Trading” Crackdown – And What It Means For The Rest Of Us…

Jimmy Butts
October 5, 2021

In case you haven’t noticed, the topic of insider trading has been making the rounds in the financial news lately. Now, I know there is a lot of other things going on that have a more direct impact on your portfolio. But this is a fascinating topic, to me anyway, and so I’d like to spend some time discussing it today. You may not realize it, but what constitutes “insider trading” has a lot of grey areas… For some regular folks like you and me, it might seem relatively black and white. Don’t trade on non-public material information. Period. But… Read More

In case you haven’t noticed, the topic of insider trading has been making the rounds in the financial news lately. Now, I know there is a lot of other things going on that have a more direct impact on your portfolio. But this is a fascinating topic, to me anyway, and so I’d like to spend some time discussing it today. You may not realize it, but what constitutes “insider trading” has a lot of grey areas… For some regular folks like you and me, it might seem relatively black and white. Don’t trade on non-public material information. Period. But there’s a lot more to it. And as much as we would like to think we would all always make the right decision, it can be very difficult (for most) to be staring at a winning lottery ticket (making a trade you know will be profitable) and not be able to pick it up. When I worked at a bank managing money, I had to close all my external personal brokerage accounts and transfer any securities to the bank’s brokerage platform. And there were so many rules involved with what stocks I could buy, and when I could buy them,… Read More