These Markets Can Mint Fortunes
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How to Stop Worrying and Learn to Love Volatility
By Don Kaufman
Sure, the VIX is down from the other dayâs damn near historic high above 65. But itâs still more than double what it was just a month ago.
Then again, thereâs more than one way to measure volatility. And itâs not like volatility is a bad thing, at least if youâre ready for it - it helped bag my subscribers a 30% one-day gain in META. Stocks have to move to make money, right?
Theyâre certainly moving today. As I write this, about 30 minutes ahead of todayâs close, Iâm sure there are folks out there who canât wait for the closing bell to ring. Iâm looking at a monster reversal in the S&P 500 - a more than 100-point reversal on the day. The NASDAQ is seeing 500- and 600-point reversals.
Absolutely this is causing anxiety, maybe even panic, out there for people who donât know how to trade these events.
Thatâs what weâre going to talk about right nowâ¦
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