Archive Category: Max Profit Alert Archive

U.S. markets are closed today in observance of Independence Day, and I hope you’re having a wonderful time with your family — however you celebrate. Firing up the grill, shooting off fireworks, hitting the beach — or a combination of all three!

Log In Enter your username and password below USERNAME OR EMAIL PASSWORD Forgot Password?Register Remember...

If you joined Max Profit Alert recently, you might make me out to be some kind of permabear. Granted, we’ve had a lot of put option trades of late. But that doesn’t mean it’s all I trade. I love a good bull market just as much as the next guy. In fact, I launched this service in 2012, closer to the 2009 bottom than the 2022 top … and long-time subscribers know we certainly “made hay while the sun shined.”

We looked at the communication services sector last week. It’s been one of the hardest-hit sectors of the bear market. But it’s now trading at cheap and attractive valuations relative to its peers. It’s also up 27% year to date and on the verge of a potential bullish breakout. Suffice to say, this sector is on my “bullish trades” radar. Though, as I mentioned last week, I am concerned that just two companies — Meta Platforms Inc. (Nasdaq: META) and Alphabet (Nasdaq: GOOGL) — make up a full 50% of the exchange-traded fund (ETF) that tracks this sector, the SPDR Comm. Services Sector ETF (NYSE: XLC).

Log In Enter your username and password below USERNAME OR EMAIL PASSWORD Forgot Password?Register Remember...