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And the Bears Come Marching In…

And the Bears Come Marching In…

Posted On May 21, 2022 9:30 am
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The Nasdaq has been in a bear market for weeks now, and the S&P 500 touched bear market territory yesterday. 

Just to be clear, when an asset or index has dropped 20% or more it’s considered a bear market.  If only 10%, that’s a correction.  

So now we have the Nasdaq and the S&P 500 in a bear market…

And the Dow is down around 15%. 

I expect the Dow to enter bear market territory in the next week or so, and the Nasdaq and S&P 500 to stay there the next several months. 

In the meantime, we keep putting up winners in Options360.  

Trades like:

  • 37.7% in VIX over 14 days

  • 24.3% in QQQ in just 7 days

  •  11.38% in just 6 weeks

  • 30.3% in a different QQQ trade in a week

And those are only trades that closed last week.  That doesn’t include trades we made from the beginning of the year…

Nor does it include any potential profits from existing positions…

Or new positions I have planned for this week. 

In short, we are cleaning up in Options360, and I want to invite you to join us for just $19

This bear market is custom-made to beat the heck out of the retail trader.  Yes, there are opportunities…

But you better know how to exploit those opportunities if you are going to be in the market. 

That’s exactly what I can help you do…

But you need to take the first step right now.  

To Your Success,

Steve

About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.