MIDWEEK MAYHEM AT 10:30AM ET

Every Wednesday morning, I can’t help but smile.

The GEICO commercial with the camel yelling, “It’s Hump Day!” always cracks me up.

No matter what you call it, we’re officially at the middle of the week.

Which means the weekend is right around the corner and we don’t have much time to make some spending money.

Click here to tune in to Money Morning LIVE.

ADJUST YOUR TRAILING STOP

Last week, I reminded you about Pure Energy Minerals Limited (OTCMKTS: PEMIF).

I said that PEMIF was geared up like a Rube Goldberg machine, and that it will pop this week.

Guess what.

It popped!

Just like I predicted, volume started rushing in.

Normally, we’d let this ride out.

But right now, the market is just whipping around too much.

In a volatile market like this, you’ve got to protect what you’ve got.

So we’re calling an audible on this trade, and adjusting to current market forces.

ACTION TO TAKE

Add a 10% trailing stop to your PEMIF position right now.

It’s important to adapt to what the market throws at you.

Right now, stocks are trending sideways.

In these situations, we do not want to get sucked back down.

So we tweak our plan to protect our profits.

I find myself calling audibles a lot lately.

It’s a testament to the wild stock market situation we live in.

I can’t stress how important it is to be flexible with your investing.

That’s why I’m constantly giving urgent adjustment updates to my Night Traders.

For example…

Action #1 to Take: Adjust your stop-loss price on the LTHM September 17, 2021 $20 call (LTHM210917C00020000) to $2.85, good-’til-canceled.

Action #2 to Take: Sell-to-Close the AAPL August 20, 2021 $145.00 Put at market. Then, Buy-to-Open the AAPL September 17, 2021 $145 put (AAPL210917P00145000) for $3.50 or less. Exit for a 50% profit.

Action #3 to Take: Sell-to-Close the IWM August 20, 2021 $222.00 Put at market. Then, Buy-to-Open the IWM September 17, 2021 $222 put (IWM210917P00222000) for $6.30 or less. Exit for a 50% profit.

Action #4 to Take: Buy-to-Open the X September 17, 2021 $26 call (X210917C00026000) for $2.55 or less. Exit for a 50% profit.

Action #5 to Take: Buy-to-Open the JKS September 17, 2021 $60 call (JKS210917C00060000) for $5.35 or less.

These five trade alerts were from an email I sent this past August.

I noticed multiple opportunities to make profitable adjustments and I notified my Night Traders right away.

To see if this sort of “calling audibles” investing fits your financial needs, please call 1-877-839-7058 (or 1-443-353-4519).

Until next time,


Chris Johnson


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