It’s harvest season and that means it’s time to harvest some gains.
We dumped a few single digit losers earlier this spring. But that’s what we do; we get rid of losers early and let the winners run. Since then we’ve cashed in on several double digit winners.
Here’s a few more:
Albemarle Corp (ALB) daily
Price is up about 9% from our recommendation on July 26. Sell it and harvest gains. It looks like price has another 5% to the downside to test support. We can always re-enter.
Global X Lithium ETF (LIT) daily
Price is up about 16% from our recommendation on July 26. Sell it and harvest gains. Just like ALB, LIT looks like it’s got another 5% to the downside to test support.
iShares MSCI India Index (INDA) daily
Price is up about 19% from our recommendation on January 17 this year. Sell it and harvest gains. Price broke short term support today and it looks like there will be follow through to the downside.
I love Harvest Season.
Continue to hold all other open positions.
Trade Smart,
Don