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 500 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.
And when you have a chart like this one, it gets even easier...
Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter
Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…
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.
gold, and go long