Archive Category: Max Profit Alert Archive

Every week, I’ve sent you a copy of the Leaders & Laggards Board. You might notice this week that the board got a facelift. It occurred to me that this is the perfect chance to elaborate on the Leaders & Laggards Board — how you can use it, why I created it, and our new “Uptrend” column.

Stocks dropped today as third-quarter earnings kicked off. Though recent data that points to a continued steady reopening of the economy has been encouraging, economists expect companies within the S&P 500 financials sector to see earnings decline by 19.4% over the last year.

While I’m getting new momentum signals on individual stocks, the picture I’m getting at a higher level — when I look at industry groups, broad sectors and major global stock markets — isn’t so compelling or bullish.

Yesterday, I recommended you make this trade on expected rising volatility heading into Election Day.

The CBOE Volatility Index (VIX) gapped higher at this morning’s open. And its recent low, made three or four days ago, was higher than its previous low, from the last week of August.