The Volatility Continues
It’s been the theme of 2020 – and there’s no end in sight.
The markets look strong despite the crisis impacting the U.S. right now.
And from crude oil to manufacturing, we’re seeing major sectors providing some stability to the market.
In fact, the market has been up over the last week. And it makes sense, seeing that we’ve watched some restrictions be lifted around the country and heard some positive news surrounding the coronavirus vaccine.
But despite other news coming over the airwaves, news that would most typically shake the market – we’re still seeing strong numbers posted.
That’s why while it might be easy to follow this upward run, I want to give you another perspective. A perspective that the big guys on the financial news networks won’t tell you.
Here’s what I mean…
Where’s the money?
It’s easy to get caught up in this current “bull frenzy.” But before you jump into your next bullish position…hear me out.
This rally is overextended, and I truly do not think it will hold much longer.
And that’s why it is important now, more than ever, to diversify your portfolio.
Truth be told, my outlook for this market is bearish. But I’ve been keeping both short and long positions in my portfolio. This has allowed me some flexibility as the market twists and turns – and I think it could help you too.
How can I get some?
When the long-term future is shaky, the only way to profit is to keep your portfolio diversified. I’m doing that with options. And the best part? I’ve done all the heavy lifting and research for you.
Using my proprietary trading system, I zoned in on a stock that is the perfect setup for these uncertain times. MACOM Technology Solutions Holdings, Inc. (MTSI) is part of the technology sector – but I believe that this stock is offering an incredible opportunity to place a short play and secure some major cash.
I really like the MTSI June 19, 2020 $30 Puts for a good short-term bearish play on technology, especially if you can get them for less than $0.65. If you agree, all you have to do is tell your broker that you want to buy-to-open the MTSI June 19, 2020 $30 Puts for $0.65 or less, and just like that, you’ve got skin in the game.
Just in case you’re someone who wants more…
Now, this setup could help deliver you some massive cash, but that’s not the only opportunity I’m seeing out there. In fact, my readers at The 1450 Club have had the chance to pocket 10 sets of profits over the last few weeks. And now, I’m inviting you to join us. We’re live from 9:30-10:30 AM ET every day, Monday through Thursday. Click here to get the details you need to get started today.
In the Spotlight: Your Favorite Work-from-Home Tools
Over the last few months, Zoom and Slack have become household names thanks to their ability to help businesses stay afloat amidst the lockdown. And many are calling for these to be the future of businesses as well.
So, currently, all eyes have fallen on these two stocks, as they are both set to release earnings this week. And they’re ones I’m paying close attention to as well.
Now, as we talked about earlier, keeping a diverse portfolio is key….
In fact, you won’t believe how this bearish position played out for us last week…
My Mid-Week Money Tip:
People who pay their bills on time have the best credit score. And in turn, they are offered the lowest interest rates on loans and credit cards. Maybe for you, it’s setting up automatic payments. Or maybe it’s laying it all out on a calendar – either way – it could save you some major bucks in the long run.