Stock market volatility returned, at least for one day in the QQQ. The “Q’s” had their biggest one day selloff in almost 2 years, and the biggest downside volume in over 3 years. Keep in mind that in both prior instances, a solid bottom (support) was forming. There are all different kinds of time frames for opportunities in markets. And the bigger time-frame opportunities require more time to set up. The following video also discusses PMs, crude oil, the US$, and the small stock sector. The small stock sector requires zero margin for volatility opportunities. That is generally the complete opposite of the big markets. Some symbols discussed – XLE, FRAK, GDX, JNUG, ABIL, DRWI, DCTH, IMMU, SORL, TCS.
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.
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