Archive Category: 10X Stocks (Alerts)

Before COVID, everyone took the global supply chain for granted. If you wanted something, like a new car, you just went out and bought it. You rarely if ever encountered shortages of anything. And prices were cheap. We enjoyed a number of deflationary decades, whereby inexpensive labor in Asian countries produced goods for less and less … and the American consumer was among the benefactors of that trend. But the global pandemic turned all that on its head.

This is what crypto companies are likely feeling after the upending of popular exchange FTX last month.

With one move, Apple Inc. (Nasdaq: AAPL) created a sea change in the way social media platforms make money. I’m talking about Apple’s privacy features, which let iPhone users opt out of data collection by digital advertising agencies. The move came in April 2021 … though it took some time for investors to fully understand its impact on social media’s once profitable, ad-driven business model. And it’ll take even longer for the largest and least-nimble companies to thrive with the new model.

I recommended adding a long-volatility “hedge” position earlier this month. Today, I recommend selling it. Action to Take: Sell your shares of the ProShares VIX Short-Term ETF (NYSE: VIXY) at the market. We’ll suffer only a very minor loss on this trade. As I explained in my November 3 trade alert, we must keep this hedge trade on a “short leash.”

While I am, by nature and experience, a “cautious optimist” who prefers to find market-beating opportunities on the bullish side of markets… And while the blueprint, strategy and tactics I’ve designed for this 10X Fortunes service are bullish… I want to repeat that the base-case scenario I’m on guard against is that the 2022 bear market goes “longer and lower” than most people expect.