How To Stop Worrying And Learn To Love Volatility -

How To Stop Worrying And Learn To Love Volatility

Aug 07, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashSure, the VIX is down from the other day’s damn near historic high above 65. But it’s still more than double what it was just a month ago.Then again, there’s more than one way to measure volatility. And it’s not like volatility is a bad thing, at least if you’re ready for it – it helped bag my subscribers a 30% one-day gain in META. Stocks have to move to make money, right?They’re certainly moving today. As I write this, about 30 minutes ahead of today’s close, I’m sure there are folks out there who can’t wait for the closing bell to ring. I’m 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 don’t know how to trade these events.That’s what we’re going to talk about right now…Video Length: 00:13:41More By This Author:I Was Right About This Week’s Huge DownturnThe Yen Carry Trade Exploded… And Contagion Is Spreading To The U.S. Game On! Volatility Strikes Back… And It Strikes Hard