The Two Things to Do When the Dow Falls 500 Points

My colleague Keith Fitz-Gerald told you yesterday how we could see a 3% to 5% market drop as more coronavirus news comes out. The Dow's lost about 1.8% since Friday.

Usually this week we'd be diving into earnings-related profits - it's one of the biggest earnings weeks of the quarter.

But that's getting overshadowed by virus-related volatility.

When markets have big down days - when the Dow drops 500 points and the S&P drops 50, with reason to keep going - I think two things: 1) Where's safety? and 2) How do I trade it?

If you know how to answer both of those questions, you don't have to sweat market drops. In fact, you just use them to make money.