Archive Category: Max Profit Alert Archive

Just Checking In…

I’ve been working overtime on a new “system,” “model” or “feature” — whatever you want to call it.

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Update on Our VXX Short

Similar to last week, there aren’t any moves you need to make. The broad stock market has continued to rise, though things look a little shaky today.

A few of our previously market-beating positions have pulled back a bit in the past week or so. That includes: Sprouts Framers Markets (Nasdaq: SFM)Illumina (Nasdaq: ILMN) and the SPDR S&P Biotech ETF (NYSE: XBI).

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Process Over Performance

There aren’t any moves you need to make today. I still believe our six open positions are well-matched for the market we’re in. If you missed my position updates last week, you can review them here. Let’s just remain patient and allow these sector trends to play out. And, as the market’s leaders and laggards continue to shift around over the next week or two, I’ll be on the lookout for our next high-probability trade opportunity.

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Take Partial Profits on Sprouts Farmers Market

Sprouts Farmers Market (Nasdaq: SFM) reported earnings yesterday after the close. As I had speculated, it seems on track to “go a lot better than the Q1 earnings calls of 95% of the others.”

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