Archive Category: Max Profit Alert Archive

The first comes from the communications services (XLC) sector, which rose to a top ranking on our Leaders & Laggards Board on January 14. At that time, I shared with you how the options pricing for the communications services sector ETF (XLC), as well as a number of its individual stock components, like Facebook and Google, were expensive.

We exited two positions last week. That turned out to be well-timed ahead of the recent pullback in stocks, which on the surface appears to be driven mainly by concerns over the coronavirus situation in China.

I certainly didn’t see that being the case a year ago when I was writing about my Bear Market Action Plan. But even as I said back then, keeping a flexible mindset is key to profitably adapting to the market’s ups and downs.

Last week I shared with you a reprint of the Bear Market Action Plan note I wrote last January. And I promised to review Cycle 9’s performance in 2019, inclusive of a hard look at how that so-called Bear Market Action Plan served us.

We had good reason to prepare for that, as stocks hit the down-20% threshold in late December, and since bear market’s typically last longer than a single mother-loving day! HA!