It’s been a crazy trading day ahead of the Thanksgiving holiday, but I want to update you on two trades.
First, the bad news: Gold prices continued to slip today, so you should have been stopped out of UGL earlier when it hit my recommended protective sell stop at $36.03.
That stinks. But that is what stops are for, to limit the risk. Remain patient but stand aside for now.
Now, the good news: you should have just banked up to 64% gains on the remaining half of your AKS shares and that’s on top of the 46.7% gains bagged on the first half – making a combined gain of 55.3%!
Nice work, and there are more potential profits where that came from. I’m eyeing several new trades right now, including a few more materials stocks like AKS that have gotten red-hot. For now, continue to hold all open positions and I’ll be sure to alert you when it’s time to make your next move.
Stay tuned.
Best wishes,
Larry
