Portfolio Update

Kicking off Porter & Co.’s 12 Days Of Christmas series, Distressed Investing senior analyst Marty Fridson shares a big win on both the distressed bonds and distressed equities of a midwest ethanol producer, following Marty’s “topping off” strategy.

We’re issuing a new trade alert on shares of Nike, along with our usual weekly update. Note: in light of the upcoming holidays, we will be hitting pause on our normal publishing schedule over the next two weeks.

In today’s issue, we announce a key new feature of The Trading Club and address several questions from subscribers. We also provide an overview of the biggest new development in financial markets.

Recent share-price volatility serves as a reminder that investors should always be re-evaluating their portfolios for changes in a company’s fundamentals. That’s even more true when there is a trend change at the top of the market, coupled with the annual tradition of year-end portfolio rotation.

We’re issuing the following covered-call trade alert on shares of this silver ETF.