Archive Category: Max Profit Alert Archive

Last week, in “The Fear of Missing Out: Hindsight Bias,” we talked about missed opportunities.

Let’s face it … it’s a bummer when you miss out on something good. But the Fear of Missing Out — aka “FOMO” — is a real phenomenon that might cause us to act irrationally.

There aren’t any moves we need to make today. That is, assuming you’ve already taken the opportunity to lock in your profits on Barrick Gold (Nasdaq: GOLD) as I recommended doing yesterday.

Earlier today, I recommended you sell your September 18, 2020, $21-strike call options on Barrick Gold Corp. (Nasdaq: GOLD). Gold futures broke above $1,800 per ounce last week, resulting in a string of higher closes for five days.

As I wrote about last week, something spooked investors out of “Big Tech” stocks on Monday and Tuesday. But now, that momentary hesitation seems to have faded.