Today, I’m recommending you exit two additional positions. Both have hit their three-month mark, so we’re no longer in their high-probability “sweet spot.” And given the market’s weakness over the past week or so — and the potential for that weakness to continue even just a bit longer — we don’t want to simply wait and hope any longer in them.
Last week I told you to “sit tight” and gave a rundown of each of the positions we’re currently holding. Today, I have three moves I’m recommending you make. One is an exit from our bullish position on the regional bank industry (KRE), while the other two are new positions.
The bull market is still alive and well. Though two of our open positions have now reached the end of our targeted three-month holding period, so it’s time to close them out and make room for new, “fresher” momentum opportunities ahead.
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