The Smart Way To Buy AAPL And MSFT… And Protect All Your Profits

The way the markets have been moving the past few weeks, it almost seems like there are just three stocks in the driver's seat – Pfizer Inc. (NYSE: PFE), Moderna Inc. (Nasdaq: MRNA), and AstraZeneca Plc. (Nasdaq: AZN).

Investors have been absolutely transfixed by the news that 90%-plus effective coronavirus vaccines could start to hit the street, albeit in extremely low quantities, possibly as early as two or three weeks from today. In fact, just over the long holiday weekend, the first doses of Pfizer's vaccine arrived in the United States from Belgium, courtesy of United Airlines – and 7.5 tons of dry ice.

Don't get me wrong: This is fantastic news, and I'm as excited as anyone to see the light at the end of the tunnel. But there's still plenty of tunnel to move through yet.

Now, Monday's "down" day on the three big indexes could very well have been some routine profit-taking; there are, after all, plenty of profits to take.

But as upbeat as the vaccine headlines are, the virus could very well be about to send markets lower.

COVID-19 is spreading out of control already, and some health systems are nearing the limit. Some governors, like Larry Hogan of Maryland and Kim Reynolds of Iowa, have slowed their "reopening" and in some cases are putting restrictions back into place.

And, though we have clarity on the election outcome, we certainly don't have it on stimulus prospects. So, there's no telling for sure where the markets might head next – and that's okay.

The smart move, in my view, is to add to our positions in some of the year's top tech performers. The tech sector has of course been one of the most robust of the entire pandemic.

But I'm also going to show you two pro-level moves you can make on these recommendations – or any other stock you like – that will "lock in" gains no matter what happens…

1 2 3
View single page >> |

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.