Archive Category: Max Profit Alert Archive

A Look at Our 5 Open Positions

I don’t recommend that we take any actions today. The broader market pulled back in September, and October has been lackluster so far. I’m waiting to see how the broad market shapes up this week before we make our next move. Nothing unusual is going on. Markets move in fits and starts.

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Sit Tight and Stay Calm

Stocks are getting rocked today. Taking the brunt of it is the Nasdaq 100, which is down nearly 3% as I write. The 10-year Treasury rate fell to 1.2% this summer. I predicted rates would pull back to around 1.2% when they hit 1.7% back in April. But now, rates are back on the rise.

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Trade Recap: NTAP, XLK & JNJ … Plus, How You Can Take Advantage of Stocks’ Worst Day Each Week

I sent you a trade alert this morning. Make sure you check it out if you haven’t already. I recommended that you close the remainder of your positions in NetApp Inc. (Nasdaq: NTAP), the Technology Select Sector SPDR Fund (NYSE: XLK) and Johnson & Johnson (NYSE: JNJ). Now, let me address the question that might be on your mind: “Are we reacting to the (weak) market?”

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