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- Who let the dogs out? š¶
Who let the dogs out? š¶
Open House still open!
Well, we did when we decided to open the doors wide for you to join us LIVE all week.
Gratisā¦ No credit cardsā¦ No chunk of flesh.
Just live trading and learning you can watch every dayā¦ all dayā¦ any day this week.
After yesterdayās market rout, I have Baha Menās āWho Let the Dogs Outā running on repeat in my head.
Itās hard to shake this particular earworm, what with terror striking investors.
Is yesterday a sign of whatās to come for the rest of the month?
Maybe, but I donāt think so.
Halloween month is notorious for market shocks. There was 1929ās Black Tuesday, 1987ās Black Monday, and the start of the 2008 financial crisis.
Itās also, historically, a month fraught with volatilityā¦
The key takeaway from this chart is to see that while this is historically a volatile time for the markets, it is also usually the peak volatility for the rest of the year.
Letās hope that is the case this year as well.
Frankly, investors have two big factors to fear right now: Inflation and bonds.
The jobs data released last week showed an economy with more job openings than anyone expected. Today, we saw weaker than expected jobs numbers.
As odd as this seems in light of the constant streams of stories about how hard it is to find work these days, I think the latest numbers make it hard for the Fed to keep interest rates higher for longer.
Interest rate-sensitive industries are not happy, and they need some help from the Fed.
Consumers arenāt happy either, with mortgage rates now flirting with 8% to say nothing of soaring costs of orange juice and other groceries!
And as far as bonds are concernedā¦ weāre at pretty extreme levels right now. Yet hedge funds keep guzzling them up like a man finding water after weeks in the blazing desert.
Could this portend something ominous? What do these guys see coming that justifies this kind of behavior?
Who knowsā¦ and from a traderās perspective, who cares?!
Really, up or down, this kind of volatile environment throws up trading opportunities left, right, and center.
My NFLX trade is a perfect exampleā¦I sent the following out on Monday as I saw the potential for NFLX to bounceā¦
Then the very next day on Tuesday, NFLX spiked big time near the open, hitting my profit trigger on the trade I made on Monday.
I was planning to hold this trade for a few days, but I am alwaysthrilled to get a nice, quick profit ā and I am sure all of my members are too!
Note: trading is hard, results not guaranteed and should not be expected to be replicated typically
Iām not sharing this example to rub it in your face in this tough market, but as a way to show you I have some experience navigating these types of twists and turns.
And, as the markets sold off, NFLX retreated, I jumped on another put spread at a lower point with an extra week to expiration. See for yourself in my Alpha Hunter SPREADSHEET š. And in my opinion, Iām being conservative.
I fully expect there will be a LOT more opportunities like this all week, regardless of which direction markets take today, tomorrow, or Friday.
And Iāll be using my Alpha Pulse system to find them and trade them.
I JUST started hunting down this monthās $10k goal so there is still plenty of time for you to join meā¦
If you are not working with me in Alpha Hunter right now, I really think youāre making a mistake.
This service is priced ridiculously low, so it canāt be the price. I am wondering what is stopping you from joining right now?
If you are crushing the markets right now, I suppose you might not think you need anymore helpā¦ but letās be honest, more than 90% of you are struggling to make it right now as a trader.
I have set up Alpha Hunter to give you my absolute best tools for navigating tricky markets. If you pass it up, thatās on you.
I am truly here to help you become the best trader you can be. I hope you take me up on the offer, and you crush it the rest of this year.
I know you can do it!
To YOUR success,
P.S. Donāt forget to join us - no charge, no strings attached - anytime you want to during the next three days. Weāll be trading live. You can trade along with us, or you can just watch and learn. Either way, I hope to see you soon. Hereās the live room link again.
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