Archive Category: Infinite Momentum Alert Archive

It’s been the most-asked question since we launched Infinite Momentum Alert on September 20… How will the rebalances work? This is naturally a topic I’d already planned to cover. And today, we’re diving in! To be clear, we won’t make any changes to our portfolio today. I just want to explain well in advance what you can expect to see next Friday, October 20, when we refresh the portfolio.

I intend to do a “Member’s Mailbag” issue once a month for this service. I’ll try my best to group the topics I’ve been asked about into a logical, easy-to-follow “conversation” about the Infinite Momentum Alert strategy … how it works … and what we can expect of it. As we’re getting started on this journey together, I’ve received a lot of initial questions — which is, of course, to be expected! I’m so thankful for your interest in my work … in the Infinite Momentum Alert strategy … and for your eager participation in this service!

We’re officially through our first week of Infinite Momentum Alert trades, and it was a bit of a doozy. Earlier this week, I sent out an update after one of our 10 positions, SCYNEXIS Inc. (Nasdaq: SCYX), fell sharply following a voluntary recall of one of its breakthrough drugs. And then we took another hit when Trio-Tech International (NYSE: TRT) dropped post-earnings. It stung. I’m not going to sugarcoat it. But it was also a reminder that these things happen. And I’ll repeat our unofficial Infinite Momentum Alert motto:

A few of you have written in today regarding SCYNEXIS Inc. (Nasdaq: SCYX), and for good reason… When the market opened this morning, the stock was down 45% … trading at just $1.83. “What gives?” “Is there reason to panic?” “Should we sell?” “Should we buy more?” The answers are no, no and no … but let me explain why.

I’ve said it what feels like a million times now, but it bears repeating: I am thrilled that you have joined me as a charter member of Infinite Momentum Alert. It’s Friday, which I’m now dubbing “Infinite Momentum Day.” Each Friday, I’ll send an update that’s focused on this stock trading advisory. You can expect a mix of written and video updates that provide analysis of stocks within the current model portfolio, broader discussion on the strategy and other market observations. I’ll also take time to answer questions you may have as we get started on this journey.