The VIX "fear gauge" was reading above 26 at midday Friday. That means the volatility I've been talking about for months now is here. Not to worry, though; we're on exceptionally fertile ground for making money.
Understanding how to deal with volatility, how to profit from it, is going to be absolutely critical in 2022. In fact, I'm giving a "State of the Markets" address on Thursday to talk about just that, along with other market-defining opportunities like inflation, crypto, and the metaverse.
Today, though, it's time to take a hard look at our favorite stocks and cut some of those back. I've got three sell recommendations to make - big-name stocks primed for a little profit-taking. The gains you capture could be considerable if you've been in these for a while.
I've even got a trade recommendation anyone can use to make money as the market's favorite video game stock takes an inevitable beating.
Of course, there are long opportunities, too. I've got one must-buy pick - an inflation-proof EV stock you can pick up today when the markets open.