Get Ready For A Down Market!

THE WEEK

There is an old curse “May you live in interesting times.”  Well, we are certainly living in interesting economic times.  This week has especially been fraught with “Interesting”.  

When I first saw the Biden’s proposed legislation three years ago right after he took office, I thought, “Oh, no, this is bad and going to wreak havoc on the Market.”  That legislation along with the Feds measures to control inflation and Congress not raising the debt ceiling, I believe the economy is going to be worse than I ever imagined.  I just hope I never have to utter the words hyperinflation but unfortunately that’s what I see coming at us. The only bright star for me is I know how to profit in this kind of Market.

LOOKING AHEAD – WHAT’S NEXT?

It isn’t a rosy picture.  Next week we will have another round of government reports hitting us. I can feel the fear of traders and the general population.  I believe we will see the Market  go down even more.  But that is good news for Investing Buddies.  We train to be nimble traders and relish a down scenario knowing we can make some great profits.

HOW AM I DOING?

I had a great trading week because of the down.  I first learn to trade options when the Market was crashing.  It is what I love to do.  My overall gain for the week was 14.5%.  I am back on track to double my trading account in our ten-week DATA class series

Last week our deep dive explored massaging trades to profit when the Market turned down.  

WHAT GREAT TIMING!

This week’s deep dive is all about trades set ups for a down Market.

See you on Thursday’s webinar.