Archive Category: 10x Profits Archives

The so-called “coronacrash” of early 2020 was different from the 2008 Great Financial Crisis in meaningful ways.

My model just triggered a switch trade, recommending we move back into our “All Clear” position.

I mentioned last week that I was eager to have a discussion on the topic of “monetizing hedges.” Now, I’ll admit: That’s lingo that institutional investors use. It isn’t obvious to most regular folks what it means.

This week, I share a couple of updates with you. I discuss our open position and the recent pullback in the Nasdaq 100 index.

What a difference a month makes. In February and March, the Nasdaq 100 seemed to lose its touch. It lagged the other major stock indexes, particularly the small-cap Russell 2000. Shares of our risk-on vehicle, ProShares Ultra QQQ (NYSE: QLD), suffered a 23% drawdown.