Tuesday I wrote, “With the Russian invasion seeming imminent, we’ve seen stock suffer their worst week since mid-January (the worst month in a decade-plus) with the major indices within spitting distance of the January lows.”
There is some advantage to being a news junkie, because as I also said history might not repeat but it sure does rhyme.
Thoughts about the global political ramifications of Mr. Putin’s actions aside…
This could be very good for the markets, short-term volatility aside.
Why?
Well simply put, now the Fed has an excuse for easing into tightening at a slower rate.
The fact is they will still need to tighten, however this situation between Ukraine and Russia is a perfect reason to back off of their plans.
So maybe we only see 3 or 4 rate hikes of .25%, rather than 8+ between .25 and .5.
We can already see the expectations of slower rate hikes in the markets.
The Nasdaq – which was down sharply earlier today has recovered and is up more than a full point as I write this.
In short, things will be volatile but if you know how to ride this wave – without exposing yourself to unneeded risk – there is a LOT of opportunity right now.
That’s exactly what we will be doing in Options360 – my concierge trading service.
Speaking strictly as an options trader, I keep getting more and more excited about this year. It’s going to be an amazing year for Options360 subscribers and for me.
Find out why click here and take a $19 trial subscription. You’ll get access to everything, including all my trading alerts and recommendations.
It’s been a great year so far, and I expect it to get better.
Don’t miss out on the next amazing, join today!
To Your Success,
Steve