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The markets opened higher yesterday morning, a positive sign for all those hoping for a quick return to bull-market status. But as jobless claims are nailed down at over 6 MILLION this week, we're expecting a wild ride in these markets before we start to see a true recovery…
Many investors are turning to notoriously defensive sectors to safeguard their capital, but even these companies have seen mass sell-offs recently and will likely see more in the coming weeks.
Chris Johnson, editor of Night Trader and regular here on Fast Profits with Money Morning, says he's seeing an opportunity now in one of the few "safe haven" sectors left…
Today's trade is on a stock tapped into two industries that will always be in demand – a good look for short-term profitability and long-term sustainability.
As Chris puts it, this is a trade for the investor with both growth and income in mind.
Here's Chris with today's trade details.
Making Money in These Uncertain Times
Action to take No. 1: Buy shares of Digital Realty Trust Inc. (NYSE: DLR) using a limit order of $140 GTC.
Action to take No. 2: Buy to open July 17, 2020 $150 DLR calls using a limit order of $9.55 GTC.
As Chris stated in the video above, we're anticipating DLR to see a slight dip before climbing skyward. So with these limit orders, we're able to take advantage of this stock move at a discount, adding even more profit to your payday(s).
If you've traded on Chris' recommendations before, you know just how vital limit orders are during times of extreme volatility.
And today, we have no shortage of instability on the stock market.
But using trading tools like limit orders isn't the only way to turn a profit with uncertainty throwing the market into chaos…
When stocks are going wild, some of the best investments you can make are outside of the traditional stock market.
Another professional trader on our panel of experts, Tom Gentile, has identified an unconventional form of trading with massive potential payouts.
I'm talking about microcurrencies.
These are some of the tiniest alt coins on the market – but don't let the price tag fool you; these currencies have been making big moves.
In fact, Tom's model portfolio of microcurrency trades has a win rate of 88%, with profits as high as 324%.
And that's in 2020 alone, during one of the worst financial crises we've seen in decades.
Today, April 9, 2020, Tom will be releasing a brand-new microcurrency trade recommendation.
He'll be showing what to trade, how to trade it, and when to collect your rewards.
An Important Note from Chris Johnson
During this market meltdown at the hands of COVID-19, Chris Johnson has made it his mission to do everything he can to help Fast Profits readers make money – and keep it – despite our economy crumbling beneath our feet.
But to do this right, Chris' efforts can't be one-sided.
Today, he's encouraging you to leave some feedback in the comments section below.
Whether you have a question you would like answered, or if you'd just like to let Chris know what you thought about this story, he's dying to hear what you have to say.
So be sure to leave a note below!