The VIX has gapped upward in October for something like 18 straight years. So odds are good that any given October will be a bumpy month for stocks.
But when yields, geopolitical uncertainty, trade tensions, central bank tightening, and debt fears all spike together in this historically volatile month...
... Buckle up, because you'll get massive one-day drops like the one we saw on Wednesday. And even when stocks aren't necessarily in free fall, you can expect swings to test even the coolest customers.
Keep an eye on your stops, of course, but do not worry. It'd be a mistake to run to the sidelines now, because the truth is, all this volatility is just what the doctor ordered. It's like medicine for making money.
Get ready to move. We're about to get some of the best entry points we've seen since January - an opportunity to buy some of the market's strongest stocks at our "preferred price."
Not only do we have appreciation to look forward to in the year-end rally, but these wild conditions are giving us plenty of the juice we need to make trades on those stocks - moves that could better than double our stake, easily.
Quantitative Specialist Chris Johnson, the man with the proprietary "Best in Breed" method that's picked winner after winner, has the setup for us today.