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- Is Your Portfolio Ready for the VIX's Hidden Warning?
Is Your Portfolio Ready for the VIX's Hidden Warning?
(video link inside)
Is Your Portfolio Ready for the VIX's Hidden Warning?
By Brandon Chapman
I've got some important stuff to share about what's brewing in the markets right now.
You might want to buckle up because things are getting interesting.
Remember last week when we talked about the market script flipping from bullish to bearish?
Well, yesterday we saw some of that play out.
We had a pretty heavy selling day, breaking some key support levels. It's not just the price action I'm looking at though - the volatility markets are telling us a story too.
Here's what's caught my eye:
• The VIX term structure is giving us some warning signals
• We're seeing some unusual moves in the skew
• The Japanese Yen might be about to shake things up
• Bond markets are pricing in some interesting scenarios
Now, I'm not here to scare you, but I do want you to be prepared.
This isn't the time to be doubling down on losing positions or ignoring what the market's telling us.
We might be looking at a 5-10% correction, maybe more, maybe less.
I've got a lot more to say about this, including some thoughts on what you might want to do with your portfolio right now.
If you want to get the full picture and really understand what's going on, you need to watch the video.
I break it all down, show you the charts, and give you my unfiltered thoughts on what might be coming our way.
Don't fly blind in this market. Get informed, be prepared, and let's navigate these waters together.
Click the link and watch the full video. Trust me, you don't want to miss this one.
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TheoTrade Daily Chatroom Schedule
Thursday, September 5th, 2024
Start your trading day with Don as he provides real-time market analysis and insights during the crucial first hour of trading.
Join Tony for an exciting session on trading strategies, learning techniques to enhance your trading skills.
Join Blake for an in-depth look at strategies to navigate the day's market movements effectively.
Gianni Di Poce scans the market for potential swing trades, providing valuable insights for both short-term and longer-term traders.
Brandon analyzes unusual options activity, uncovering potential big moves and helping you stay ahead of the market.
The Professor gives a pivotal market lesson, providing insights that can significantly impact your trading decisions.
Close out the day with Corey Rosenbloom's Playbook, focusing on Range & Trend Strategies to enhance your trading toolkit.
Trades You Might Have Missed In The Room
From Brandon:
Buy 1×2 Back Ratio in Target (TGT) 152.5/160 calls for a credit of $0.92
From Gianni:
Buy HUT at current price levels. Stop Loss: Below $8.69 on close. Target: $21
Buy December Japanese Yen Futures at current levels with a stop loss at 69.73. Target 72.50.
From Don:
Buy WFC 59/57 put debit spread for $0.78 (Oct 4 expiry)