Archive Category: Max Profit Alert (Alerts)

We’re making three trades total today. If you missed my email earlier this afternoon, click here for the full instructions to close out our call options on the Financial Select Sector SPDR Fund (NYSE: XLF). Now for our two other actions… We’ll take partial profits on an open position that’s off to a rock-star start already.

I recommend you make three trades today. This is your first action to take. Stay tuned for a trade alert coming shortly with two more actions to take, including a brand-new position! First, though, we’ll cut our losses on a position that’s no longer well-suited for the current market environment. I recommended a bullish trade on the Financial Select Sector SPDR Fund (NYSE: XLF) on February 15.

Yesterday, I recommended you set a profit-taking trap on our Chevron Corp. (NYSE: CVX) calls. That involved placing a limit order to sell at $37. I’m pleased to confirm that we hit that profit trap this morning. We got in at $6.15 and out at $37 — a gain of 502% on the final third of this position. Congratulations!

Shares of Chevron Corp. (NYSE: CVX) have gone vertical in the past week. Including today, the stock is up five days in a row and has gained more than 15%. This exponential move higher has been great for the $120-strike call options we bought on December 7. They’re up nearly 500%! Today, I recommend you set a profit trap to sell the final portion of your position for $37.

Alongside the continued geopolitical turmoil surrounding Russia’s invasion of Ukraine, the price of gold remains strong and is holding its bullish breakout of a week ago. It’s time to make a play! Shares of the VanEck Vectors Gold Miners ETF (NYSE: GDX) made a bullish breakout above $35 last week. That $35 level was where the diversified gold miners exchange-traded fund ran out of steam on its last rally, in November 2021.