Powell Talks, Markets Move. Stay Ready.

Hey there, folks,

We’re on the eve of Jerome Powell’s press conference, and as CNBC notes, “Everything seems to be on the table.”

… at least when it comes to the Fed’s outlook.

A rate adjustment at this meeting is all but ruled out, but Powell will let us know what the Fed may do later this year.

“The committee could maintain its outlook for two cuts, remove one or both, or, improbably, add another as a statement of concern over a potential slowdown.”

The real drama will come from the Fed’s tone — will Powell signal a hawkish stance to combat lingering inflation, or give a dovish nod to soothe recession fears?

The markets are notoriously volatile around Fed press conferences, and the VIX — Wall Street’s fear gauge — has already been lingering above 20 for quite a long time this year.

This is proof the market is already spooked about the future.

Speaking of VIX… want to learn a cool trick?

If you divide the current VIX level by 16, you’ll find out what the market’s expectations are for daily trading range.

For example…

Right now, the VIX is around 22.  If you divide that by 16, you get 1.37.

This means the market expects SPY to trade in a range 1.37% of its value each day.

With SPY trading at $560, 1.37% = $7.70 of daily range.

That’s pretty spot on with how much we are seeing SPY move on an average day right now.

Today, we saw around $6 of price movement from top to bottom.

While it seemed like another big day of volatility, it was actually a little less than what we have been seeing lately.  I’ll take it!

Now, it will take real guts to hold swing trades through the Fed’s presser, and while I am planning to make some trades of my own, I’m especially interested in small-stock setups that look primed to surge.

Six of my last seven of these “tactical trade” ideas have made double-digit moves the day I alerted them… four of them climbed 20%+.

Tomorrow, I’ll be returning to an old standby…

When I alerted it in November, it roared 58% day of, and when I revisited it in February, it climbed 14%.

The underlying company has been on the march, and it announced some big news just today.

I’m working on my full writeup now, and as usual, I’ll post the full thing at no cost on this page here at 9am EST tomorrow.

We’ve had a great history with this stock, and I’m looking forward to seeing how things go tomorrow!

In the meantime, be sure you’re signed up for my SMS list by texting the word “RAGE” to 1-(888) 487-1534 📲 to join it right now.

(*Disclosure: By texting “RAGE” to 1-(888) 487-1534, you agree to receive promotional messages sent via an autodialer. You also agree to the terms of service and privacy policy. This agreement isn’t a condition of any purchase. Message frequency varies. Message and data rates may apply. Reply STOP to opt out; HELP for more information.)

That’s the absolute best way to get the latest on my “tactical trade” ideas, some of which are exclusive to that list.

(I may even be sending one of those tomorrow!)

I’m about as passionate about penny stocks as I am about options, so I love sharing these ideas.

Tune in tomorrow for my latest!

To Your Success,

P.S. As always, for questions about any of our services, contact our amazing sales team at 1-800-585-4488 / [email protected]. They’d love to hear from you!