Archive Category: Max Profit Alert (Alerts)

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.

A majority of stocks are down today, creating a bit of a pullback from the new highs that many major markets were making heading into the Thanksgiving week.

We got into our bullish call options on GDX in mid-July as precious metals were really heating up. Our entry timing was great, as we got an immediate move in our favor and were able to lock in a quick half-position profit of more than 60% in just a few days.

Consider that the SPDR Industrial Sector ETF (NYSE: XLI) is currently sitting just 4% below its 2018 highs and top-ranked on our Leaders & Laggards Board this week.

You’ll recall I recommended buying put options on the iShares U.S. Health Care Providers ETF (NYSE: IHF) in late February, and then followed that with a recommendation to buy put options on the broader SPDR Health Care Sector ETF (NYSE: XLV) in early March.