Deepcaster’s view that a Few Key Sectors offer both great Profit Potential and Wealth Protection is being borne out.
Indeed we have made several such recommendations recently, all with great profit potential. (See Our BUY RECOS) Indeed, most have multi-Hundred % Profit Potential.
Today we recommend taking profit on ProShares UltraShort Basic Materials (SMN), a tracking ETF, which means it is designed to achieve investments results 2X the inverse of the performance of the Dow-Jones Basic Materials Index.
Given the Economic Impact of the CoVid-19 Pandemic and Oil Price War, the Demand for Basic Materials has predictably diminished.
Accordingly, SMN is up about 75% since we recommended it only 35 days ago.
Recommendation to Consider:
Sell All of your remaining holdings of ProShares UltraShort Basic Materials (SMN) at $44.00 per share or better.
And see Deepcaster’s other recent RECOs which have multi-100% Profit and Wealth Protection Potential.
March 16, 2020
Paid Subscribers can see All Deepcaster’s Buy Recommendations & Bull Sectors posted under SUBSCRIBERS.
Note 1: One Mega-Development is coming Soon which will dramatically affect virtually all major Sectors. And “Soon” means it could Start any time, i.e., in the next Few Weeks or Very Few Months.
The only absolute Certainty is that it will Come. Thus, Deepcaster describes how to prepare to Profit and Protect.
Note 2: Deepcaster forecasts a Big Move coming in a Key Sector Very Soon.
Note 3: Key Mainstream Financial Media are often complicit in suppressing or outright distorting Critical Economic, Market and other important News.
Such is the case today and thus we rectify that by reporting critically important Real News for You Today NOW for your Profit & Protection. See Deepcaster’s latest ALERT, “Real News NOW for Profit & Protection,” on Deepcaster LLC.
Note 4: Our attention to Key Timing Signals and Interventionals and accurate statistics has facilitated Recommendations which have performed well lately. Consider our profits taken this year and in 2019 in our Speculative and Fortress Assets Portfolios:
- 45% Profit on a tracking ETF on March 9, 2020
- 53% Profit on a tracking ETN on March 4, 2020 (4th Take Profit on this ETN)
- 62% Profit on a leverage ETN on the VIX on February 28, 2020
- 55% Profit on an ETN on February 24, 2020
- 110% Profit on a T-Bond ETF Call on January 24, 2020 in just 14 days.
- 60% Profit on a Bull Sector ETF/ETN on November 4, 2019
- 60% Profit on Bull Silver Play on August 27, 2019