Archive Category: Green Zone Fortunes (Alerts)

We hit our stop-loss in Fulgent Genetics Inc. (Nasdaq: FLGT) at the close Tuesday, so we’ll follow our risk management and exit the position. Action to take: Sell your shares of Fulgent Genetics Inc. (Nasdaq: FLGT) at the market. Last month, I recommended changing our stop-loss on 12 of our “core” positions, including FLGT. As a result, we’ll preserve capital by being disciplined and following our stop-loss guidance. While we strongly believe in the biotech and DNA sequencing industries and the role they will play in our future, we won’t ignore our stop-loss guidance.

We hit our stop-loss in Insteel Industries (NYSE: IIIN) at the close Friday, so we’ll follow our risk management and exit the position. Action to take: Sell your shares of Insteel Industries (NYSE: IIIN) at the market. Last week, I recommended changing our stop-loss on 12 of our “core” positions, including IIIN … as a result, we’ll lock in a 44% gain by being disciplined and following our stop-loss guidance. Congratulations on those gains!

Our model portfolio has seen the impact of continued bear market volatility. If you missed my earlier trade alert to sell shares of Kulicke & Soffa Industries (Nasdaq: KLIC), click here to read it. Another model portfolio stock fell below our stop-loss this morning: World Fuel Services Corp. (NYSE: INT). We’ll follow our stop-loss guidance on this one too.

Shares of semiconductor packaging and assembly company Kulicke & Soffa Industries (Nasdaq: KLIC) dipped below our $43 stop-loss this morning. We’ll follow our risk management and exit the position. Action to take: Sell your shares of Kulicke & Soffa Industries (Nasdaq: KLIC) at the market.

Today, we can enjoy a bright spot in an otherwise black-cloud market. I recommend you lock in partial profits of more than 100% on one of our positions: Civitas Resources Inc. (NYSE: CIVI). My team and I identified this Colorado-based oil and gas exploration company in March 2021, when it traded under the company name Bonanza Creek. At the time, tech stocks were still flying high.