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The spread of the novel coronavirus continues to cause volatility. In fact, investors are concerned about the possibility that the coronavirus will slow economic growth, despite stocks' record-breaking earnings reports.
While this fear pulled down stocks across every industry last week, yesterday saw a spirited market rally.
What's driving the market right now is emotion. And if we know anything, it's that emotions change. The moment the fear dissipates, stocks that survived the coronavirus's economic effects will rise.
So you need to know the best way to meet this movement head-on and find out where the opportunities lie without trading on emotion.
Those of you who have followed me know that's exactly how I trade. I look at stocks' proven market performance using the powerful, predictive tool that I'm going to show you in a minute.
If anything is reliable in this current fear-driven market, it's proven historical data. And according to the patterns I'm seeing, there's one stock that heads skyward around this time of year, with a chance for you to collect a nice profit by March 4...
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.