Four trading days, 26 little hours. That - and a tariff tweet - is all it took for the big indexes to go from fresh all-time highs to the most brutally punishing day of 2019. The CBOE Volatility Index, the VIX, read 23.93.
Investors who'd been buying cautiously on Tuesday slipped back into outright panic yesterday as the Dow alone was down nearly 400 points at lunchtime.
That itself is all I need to know that this won't "blow over" anytime soon. Stocks will have to find their floor, but they're going to have a hard time doing that when there's this much headline risk out there.
I'll let you in on a secret - it's kind of a "hideout" I use when the market just goes, well, crazy like it's doing right now, and like it probably will do for the immediate future.
My hideout's not a secure panic room, or a bar, or anything like that - it's a special trade. It's always wide open and uncrowded at times like this, too, so the chances to make money are much better than with other traditional "safe havens."
Take a look at what's on my screen right now...
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Unprecedented "Effect" Could Turn a Small Stake into $2.2 Million
Regularly harnessing the V3 Effect can turn a small stake into $2.2 million in remarkably short order - in a year's time. And get this: It's easy to do. As you'll see, you can make these "money-grabs" yourself - again and again - in about five minutes a day. Take a look at how it works.
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About the Author
Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.