Archive Category: Max Profit Alert Archive

Yesterday was wild! The tech-heavy Nasdaq 100 was down more than 5% at its lows. Then it rallied in the afternoon to close up! Large-range reversal days like that typically mark the lows of sell-offs. Reversals tell us two important facts: 1) Sellers are exhausted and don’t wish to continue selling stocks at lower and lower prices. 2) Buyers are now willing to step in aggressively and pay higher and higher prices.

It’s hard to believe this is our last Home Run Profits note of 2021. I guess what they say is true: “Time flies when you’re having fun!” It’s been an incredible year, and I appreciate the opportunity to work for you.

I don’t recommend you take any actions today. Last week, we added a new position in the top-rated energy-sector stalwart Chevron Corp. (NYSE: CVX). With that, we now have a “full boat” of seven positions. This week, the Federal Reserve is holding its final meeting of 2021. Over the past month or so, speculation has grown that the Fed will turn more hawkish — that is to say, be less accommodating — with its monetary policy.

At the moment, our six positions show open gains and losses between -43% and +225%.

I don’t recommend that we make any moves this week. It’s something of a short and “slow” week, with markets closed on Thursday for the Thanksgiving holiday. Speaking of which … I’m thankful for YOU! Some of you just joined me this year. Others have been with me since Day 1 … waaaay back in 2011.