Archive Category: Max Profit Alert (Alerts)

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 …

I’m thrilled to tell you that we have a new trade to make today. As you can see, the energy sector (XLE) ranks No. 1 on this week’s Leaders & Laggards Board.

I recommend that you sell the first third of your position in the Materials Select Sector SPDR Fund (NYSE: XLB). The $85-strike calls we purchased on October 19 for $3.70 now sell for around $6.50. This gives us the opportunity to lock in partial profits of about 75% on the first third of our position.

I’m writing to recommend you sell the second one-third portion of your position in the Consumer Discretionary Select Sector SPDR Fund (NYSE: XLY).