Archive Category: Max Profit Alert Archive

I’m going to keep this week’s Max Profit Alert update on the short side due to the busy holiday week. I mentioned it in our trade room session yesterday, but this holiday season feels a bit different for my wife and me. That’s because our third child could make an early appearance at any moment! It’s exciting and discombobulating all at once. I even forgot it was Thanksgiving while talking to my neighbor over the weekend.

One thing you may not know about my simple trend-and-momentum system at the core of Max Profit Alert… It can help you trade bonds. “Why would I ever want to trade bonds?” you ask. Well, because sometimes bonds are a better bet than stocks.

Last week, we introduced our new Trade Room software aimed at giving you the best experience. Well, as with anything new, there are growing pains, glitches and technical issues. In order to maintain a smooth trade room, we are taking some time today to work on these issues to ensure the room operates seamlessly.

I’m going live for our monthly Max Profit Alert session in just a few minutes. While my Monday Trade Room is focused on my Wednesday Windfalls strategy and our weekly trades, this monthly session gives us a chance to focus on our longer-dated options strategy at the core of Max Profit Alert. During this one-hour discussion, I’ll review our open positions in the model portfolio, show you some of the global market trends that are on my radar and answer your questions.

Last week, I reviewed each of our current open positions, letting you know which ones are essentially “write-offs,” and which still hold promise for profits. Click here to read that update if you missed it. Namely, I highlighted our bearish positions on the Real Estate Select Sector SPDR Fund (NYSE: XLRE), the Technology Select Sector SPDR Fund (NYSE: XLK) and the SPDR S&P Regional Banking ETF (NYSE: KRE) as having solid potential with the broader market hitting a bout of weakness. That expectation now seems to be playing out … I’m happy to report that our put options on KRE are now up more than 60% after we took the opportunity to lock in a profit of 50% on one-third of our position last week.