Archive Category: Max Profit Alert (Alerts)

After running the numbers, Chief Research Analyst Matt Clark and I have determined there are no Wednesday Windfalls trades this week.

After running the numbers, Chief Research Analyst Matt Clark and I have determined there are no Wednesday Windfalls trades this week. Of the 15 ETFs used in the strategy, three met the initial criteria of closing up on Friday, trending down today and a relative strength index (RSI) reading below 50.

After running the numbers, Chief Research Analyst Matt Clark and I have determined there are no Wednesday Windfalls trades this week. Of the 15 ETFs used in the strategy, only two closed up on Friday. While both were down today, their relative strength index (RSI) readings were well above our comfort zone. The RSI measures the speed and change of price movements in stocks.

Today, I’m recommending you sell your bullish call options on two positions – the iShares 7-10 year Treasury Bond ETF (NYSE: IEF) and the iShares MSCI Japan ETF (NYSE: EWJ). We’ll take a loss on both, which, of course, is never fun. Losses always hurts a little, but through disciplined position-sizing and maintenance of a positive mentality our performance over time continues to be “up and to the right.”

After running the numbers, Chief Research Analyst Matt Clark and I have determined there are no Wednesday Windfalls trades this week. We had a valid signal on three of our 15 exchange-traded funds, but the relative strength index (RSI) was marginally below our range, and its volatility ratio was above our comfort zone.