Here’s How To Spot A Market Bottom
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Last week I revealed present market conditions that suggest a 5% to 10% decline in the S&P 500 in the next 30 days.
And during a daily session, I showed everyone a portfolio hedge for stock positions - and a VIX trade to capitalize on a VIX move above 20.
Here we are, a week later… The VIX touched 20, and if you used my hedging strategy, you're prepared for anything the market can throw at you!
Well protected, we can turn our attention to bullish opportunities as the market panics, knocked back on its heels. Don’t get me wrong: This doesn't mean you're jumping in with both feet yet, but the name of the game is mental preparation, and it's good to be ahead of the curve.
Part of that preparation is starting to think about the bottom, the moment when bullish forces should begin to take over.
Tonight we’ll look at four criteria for identifying a bottom - and we’ll go over two bonus tickers, as well. They’re setting up for a potential bounce…
Video Length: 00:20:43
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