Archive Category: Max Profit Alert Archive

Our supercharged technology sector play is firing on all cylinders! Congratulations to everyone who followed my initial November 14 recommendation to buy call options on the ProShares Ultra Technology ETF (NYSE: ROM). We recorded, for our model portfolio, profits of +53% on January 18 and +113% yesterday.

As I’ve explained over the last few weeks, we’ll be implementing a new trade management tactic for Max Profit Alert in 2024… In the past, we’ve relied primarily on my “runners” strategy to manage our successful positions. That strategy involves selling partial positions as our open gains increased, effectively locking in profits once we’re up between 50 and 100%.

Happy New Year! I hope you’ve had a fantastic holiday season with the ones you love. I’d normally join you in our trade room for a live Max Profit Alert portfolio review, but I’m on leave for a bit longer and helping out around the house with the newborn.

It’s the day after Christmas — and you know what that means! I hope you’re getting plenty of quality time with friends and family, plenty of tasty leftovers and Christmas cookies, and at least one good nap (OK, maybe two). Our offices are closed in observance of the Christmas holiday. But I still wanted to send you a weekly alert to wish you well for the holiday season — and update you on where Max Profit Alert is headed next year…

I come from the “trend” school of thought, where the dominant mantra is: “Cut your losses short and let your profits run.” The idea here is that many of the trends a trader targets don’t pan out. But the ones that do can go on higher for longer than you might expect.