Archive Category: Max Profit Alert (Alerts)

Today, I recommend that you act on all four of our open positions. We’ll close out our trades on the Financial Select Sector SPDR Fund (NYSE: XLF) and the Materials Select Sector SPDR Fund (NYSE: XLB). Then we’ll take partial profits on the Energy Select Sector SPDR Fund (NYSE: XLE) and Chevron Corp. (NYSE: CVX). Also, I recommend that we open a brand-new trade today. I’ll send the instructions for that trade in a separate alert.

After locking in gains of 44%, 58% and 346% yesterday, we have another profit-taking opportunity today. I recommended buying $59-strike call options on the Energy Select Sector SPDR Fund (NYSE: XLE) in October. We had to sit through a two-month pullback, but shares of XLE have now rallied and are making new highs. The contract we bought is now selling for about 55% more than we paid for it, so it’s time to lock in some profits on the first third of our position.

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Congratulations! Yesterday, I recommended locking in profits on the final portion of our play on the Consumer Discretionary Select Sector SPDR Fund (NYSE: XLY). We netted a 224% gain on XLY — well done! I also recommended setting a profit-taking trap on one-third of our position in the Materials Select Sector SPDR Fund (NYSE: XLB) for a 100% gain. I’m happy to report that this morning, beginning at 9:36 a.m., several hundred contracts traded for $7.40 or higher.

Happy new year! I hope you had a great end to your 2021. And I hope you’re as excited as I am about all the opportunities I expect the market to provide us in 2022! Today, I recommend that we take action on three open positions. Profit-taking is always a great way to start off a new year! Let’s get to it …