Three Stocks to Sell and One to Buy Right Away
The VIX "fear gauge" was reading above 26 at midday Friday. That means the volatility I've been talking about for months now is here. Not to worry, though; we're on exceptionally fertile ground for making money.
Understanding how to deal with volatility, how to profit from it, is going to be absolutely critical in 2022. In fact, I'm giving a "State of the Markets" address on Thursday to talk about just that, along with other market-defining opportunities like inflation, crypto, and the metaverse.
Today, though, it's time to take a hard look at our favorite stocks and cut some of those back. I've got three sell recommendations to make - big-name stocks primed for a little profit-taking. The gains you capture could be considerable if you've been in these for a while.
I've even got a trade recommendation anyone can use to make money as the market's favorite video game stock takes an inevitable beating.
Of course, there are long opportunities, too. I've got one must-buy pick - an inflation-proof EV stock you can pick up today when the markets open.