To help you navigate today's volatile markets profitably, we started a brand-new service here at Money Morning.
It's a live stream with four of our industry experts.
And it's happening every day that the market is open.
Here's a brief recap of what they covered today (April 1)…
- Chris warns investors against owning small-cap stocks, airlines, and transportation companies.
- Don't hold the positions if you're expecting a bailout from the government, because it's difficult to predict and could take a while to materialize.
- The dam is beginning to crack in the retail sector. So, check your portfolio for these names and consider adding stop loss orders or buying puts to protect your downside.
- Tom is urging investors not to blindly buy naked puts and calls today because options are 10 times more expensive than they were a month ago.
- Stop being a fundamental or news trader… It doesn't work in this environment.
- Instead, you should take advantage of the volatility premium on options today and become a short-term volatility trader. The best way to do this is with options spreads.
- Options spreads lower your cost, lower your risk, and lower your breakeven while still helping you protect the long positions in your portfolio.
- Tom is short-term bearish, but long-term bullish on oil.
- Yesterday, he unveiled an options spread strategy that allows you to do both at the same time while taking on relatively low risk.
- D.R. recapped the latest news from President Trump, indicating we may be in for a little more pain over the next couple weeks.
- One of the biggest reasons we saw the market drop yesterday: uncertainty around the spread of the coronavirus, and concern that the numbers coming out of China may not be authentic.
- Shah said U.S. banks weren't doing well at the close yesterday because credit is drying up in the economy as companies try to deleverage their balance sheets.
- He highlighted the latest PMI numbers from China and explained why he's not buying the miniscule drop from February to March.
Catch us tomorrow – starting LIVE again at 9 a.m. EST with Chris Johnson, right here.