10:40am (EST)
We have profits to take on a number of trades. One of our trades is up 80% in less than 24 hours so we are taking half profits ahead of the weekend. Our Microsoft (MSFT, $29.07) trade is up 54% in 2 weeks so we are closing it as well. One of our MGM Resorts (MGM, $12.82, up $0.02) call trades is up 131%, Seagate Technology (STX, $19.89, up $0.05) is a double and is up 100%, and Taiwan Semiconductor Manufacturing (TSM, $14.12, down $0.14) has returned our subscribers over 80% in just one week.
As much as we want to leave these trades open, let’s book profits as we still have a number of other open trades to play a continued upside move in the market. Better to be safe than sorry. Subscribers, check the Members Area for the details and we will be back around lunchtime with our next update.
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