There is no doubt in my mind that 2020 will be remembered as the year of the coronavirus. This global sickness has dominated every aspect of life as we know it — and continues to do so to this very day.
If you’ve followed along with my newsletters over the course of the past several months, you’ve heard me talk about this virus time and time again and how it’s affecting our economy and the world in its entirety.
So why do I bring this up today?
I often look back at the “naive” early days of this pandemic (February/March) when several people thought this virus might be gone by that spring. As we now wrap up the month of September and head deeper into fall, we find corona-fever is just as present today as it was those many months ago.
Investors and Wall Street experts all over the world had high hopes that the market might see a bit of a bounce back in the month of September, but, just like the months before, September has found itself to be nothing but a roller coaster ride for those willing — and some not willing — to climb aboard.
For example, this week was wrought with extreme selling followed by bearish days. Every time you think there might be a market breakdown, it shoots right back up!
I think this “chop shop” market is partly because it currently finds itself in a state of unresolved confusion… We get huge, upward liquidity driven moves and then a big sell-off. This market will live and die based on the continuity of this liquidity!
Needless to say, this is a tough market and definitely not a game for the unadventurous. If you like sure things, then this isn’t the game for you… BUT, if you’re willing to take some risks in order to have opportunities for greater gains, then you’re in the right place!
Today, I’m giving my weekly wrap up, diving into the above topics in more detail with specific examples and charts to help support my overall thesis.
Trophy Trades are already on a roll…
If you haven’t been taking advantage of this brand-new trading system, you’re really missing out…
You could have purchased two $4.50 DocuSign options — a $900 stake — and walked away with $15,350…
Or purchased two $1.80 Adobe options and walked away with $12,734!
Chuck — the man behind this Trophy Trades system — wants to share the secret in his success with you… and his next trade.