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

Is It Time To Take A Chance On Retail?

Jimmy Butts
May 27, 2020

The stock market is truly bizarre. Think about this… In the first quarter of the year, gross domestic product (GDP) contracted roughly 5%. The unemployment rate is currently 14.7%. Our national debt is more than $24 trillion and climbing. Yet, since March 23, the S&P 500 is up 30% and only about 11% off record highs… And here’s the thing, the numbers aren’t expected to get any better. The Federal Reserve thinks that GDP could shrink by an annualized 30% in the second quarter, and the unemployment rate could jump as high as 20%-25%. Retail Is In The Trash Bin… Read More

The stock market is truly bizarre. Think about this… In the first quarter of the year, gross domestic product (GDP) contracted roughly 5%. The unemployment rate is currently 14.7%. Our national debt is more than $24 trillion and climbing. Yet, since March 23, the S&P 500 is up 30% and only about 11% off record highs… And here’s the thing, the numbers aren’t expected to get any better. The Federal Reserve thinks that GDP could shrink by an annualized 30% in the second quarter, and the unemployment rate could jump as high as 20%-25%. Retail Is In The Trash Bin To exacerbate things, on Friday, May 15, the retail numbers showed just how bad things have been for many retailers. The April report showed that on a month-over-month basis (comparing April 2020 with March 2020), retail sales plummeted more than 16%. For comparison, the greatest month-to-month drop-off during the 2008 financial crisis was 4%. On a year-over-year basis, April sales fell 22%. Diving deeper into retail segments, clothing and clothing accessories were hit the hardest (down 89% year-over-year), next was furniture stores (down 67%), and finally department stores (down 47%). While investors had been bracing for a… Read More

Why Small-Caps Are Worth A Look Right Now

Jimmy Butts
April 30, 2020

During this latest bear market, we saw small-cap stocks fall harder and faster than the overall market. But if history is any guide, many of these stocks could quickly climb back to new highs. Read More

During this latest bear market, we saw small-cap stocks fall harder and faster than the overall market. But if history is any guide, many of these stocks could quickly climb back to new highs. Read More

How To Make This Trading ‘Rule’ Work For You…

Jimmy Butts
April 24, 2020

A few days ago, I told you about a nifty trading "rule" that works well during volatile markets like this one. Here's a step-by-step guide for putting it into practice... Read More

A few days ago, I told you about a nifty trading "rule" that works well during volatile markets like this one. Here's a step-by-step guide for putting it into practice... Read More

CDLX Up 50% In Three Weeks

Jimmy Butts
April 4, 2020

Shares of Cardlytics (Nasdaq: CDLX) traded above our 50% price target of $82.79 this morning. Shares are up more than 5% on the day as I write this. If you entered a Good-til-Cancelled, or “GTC” order with your brokerage account, your sell order was likely fulfilled. But if you didn’t,… Read More