Archive Category: Green Zone Fortunes (Alerts)

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.

In September 2020, we recommended buying into Indian technology consultant Wipro Ltd. (NYSE: WIT) to get exposure to the digital economy and cloud computing mega trends. We got into this position at just $4.58 a share, and we recommended locking in a 97% profit on half less than a year later, when the stock climbed above $9 by August 2021. After taking that profit, we recommended moving our stop-loss up to $6, thus guaranteeing another profit should the stock pull back to that level … which it did today.

Last week in our weekly issue of Green Zone Fortunes, I gave you a sneak peak into the mega trend and stock I’m excited to recommend this month. As the “digital economy” continues to expand at high speeds, a day hardly goes by without news of another cybersecurity breach. Cybersecurity is essential to growing and protecting the increasingly vulnerable digital economy. That’s why the United States expects to spend more than $58 billion on cybersecurity protections this year — almost five times larger than what China will spend.