DISCLAIMER: The S&P 500 Index is a well-known, unmanaged index of the prices of 500 large-company common stocks, mainly blue-chip stocks, selected by Standard & Poor's. The S&P 500 Index assumes reinvestment of dividends but does not reflect advisory fees. An investor cannot invest directly in an index.

The "Price Added" column in this newsletter seeks to match the average price paid by customers after the recommendation is made. It adheres to the following rules:

1) If the recommendation comes out in the end of day summary email, then the price added equals the average of the opening and closing price of the security on the day after the recommendation is made. If the editor uses a limit price, then the price added will be the lesser of the previous rule or average of opening price and the limit price.

2) If the recommendation comes out in an intraday alert, then the price added equals average of the price in the email and the closing price for that day. If the editor uses a limit price, then the price added will be the lesser of the previous rule or average of the price in the email and the limit price.

When positions are exited, the price deleted follows similar logic as above. Your actual entry or exit price may be different depending on when you entered your trade.

The "Last Trade" column in this newsletter refers to the most recent price of the security.

The "Change" column in this newsletter refers to the percentage difference between "Last Trade" and "Price Added".

Past performance is no guarantee of future results.

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