Archive Category: Max Profit Alert (Alerts)

Stocks are struggling… The S&P 500 hasn’t made a new high in 78 trading days. It’s been even longer for the tech-heavy Nasdaq 100 and the small-cap Russell 2000 — 107 and 116 days, respectively. Both indexes are now in “bear market” territory. Of course, we maintain a bullish leaning here at Home Run Profits. Five of our six open positions are in diversified “alternative” plays — on gold miners, silver, energy transportation, Canadian stocks and real estate investment trusts (REITs).

I’m thrilled that our system has triggered a new opportunity today! In an environment driven by inflation and rising interest rates, so-called “real” assets — i.e., commodities and real estate — seize the day. We’re seeing this play out across the commodities sector, where my system shows “buy-qualified” uptrends in gold, silver, copper, base metals, agricultural products and, of course, oil and natural gas prices. Real estate investments win in this environment, too. So it’s no surprise to me that the Real Estate Select Sector SPDR Fund (NYSE: XLRE) holds the No. 1 spot on our Leaders & Laggards Board this week, as you can see.

We’re getting into the iShares Silver Trust (NYSE: SLV).

I’m thrilled to recommend a new opportunity today… It’s a short (aka bearish) position on the iShares Russell 2000 ETF (NYSE: IWM), which tracks the Russell 2000 index of “small-cap” stocks. We made a well-timed short trade on IWM in January that allowed us to lock in a gain of more than 100% on a portion of the position in less than a week.

I have more information on the odd situation at Barclays, which prompted us to take a stab at a long trade on the iPath Series B S&P 500 VIX Short-Term ETN (NYSE: VXX). I’ll explain the full story on that later today, in your full issue of Home Run Profits. But first, it’s time to make an exit from all of our VXX calls. Action to take: Sell to close all of your June 17, 2022, $35-strike call options on the iPath Series B S&P 500 VIX Short-Term ETN (NYSE: VXX).