By: Steve Smith
I have just a short email for you today.
I have been getting a lot of questions from my subscribers about the pullback over the last few days. So many questions that I thought it might help to give you a very brief analysis here.
So people want to know if we are starting into another crash. Has the money printing and low rates finally lost the ability to keep the market moving higher?
The short answer is, I don’t believe we are going to see a crash anytime soon…
The Fed and the US government are working overtime to make sure that the market keeps moving up.
Yes, there has been a very small pullback over the last few days, and while I write this the Dow is down 124 pts on the day.
That said, no market can go straight up. It just doesn’t happen…
No matter how much help the Fed and the government are giving it.
So a little pullback is fine. Even healthy.
Don’t worry yourself about it.
In the meantime, we are doing what we always do in Options360…managing our positions and looking for new opportunities.
We just closed a Bear Call Spread today for a 38% win after just 3 days in the trade.
Stay vigilant, because even though I don’t foresee a crash, the market has been making wild swings intraday.
To Your Success,
P.S. If you want access to the kinds of trades that can pay you a whopping 38% in just 3 days, plus deep market insight every other week – make sure to grab a trial membership to Options360. It’ll be the best money you ever spent!