By: Steve Smith
We had a long weekend this weekend, and that meant the market was closed yesterday. But as the old saying goes…
money never sleeps…
When the market opened this morning it had gapped WAY higher.
If that holds it will make for a strong day.
However, don’t confuse a strong day for a market reversal. These are often referred to as a “bear market bounce.”
As a matter of fact, if we see a lot of selling into this strength the market could easily turn negative quickly.
It’s happened too many times in the last 6 months to get roped into being lax.
This market has a lot of opportunity – however you need to be nimble and ready for quick changes or you can easily get rolled over.
That’s why I am inviting you to become a member of my concierge trading service, Options360.
That way you have someone with 40+ years of experience watching the markets, the headlines, and monitoring all of our positions.
Best of all, you can take advantage of a trial subscription for just $19.
At the end of the 30 days you can drop out and never be billed another penny.
However, if you are like most people…
You’ll be a member for life!
Look, for $19 you can’t lose. It’s the ultimate proof of concept.
Just click here and let’s get you some profitable trades!
To Your Success,
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.