Stocks are sinking on very bad economic news, all well expected and not surprising. However, it is quite possible that the Fed will soon announced a 2nd round of quantitative easing. It has no option. If that is the case, stocks, gold, and oil will bounce and become extremely volatile.
Stocks:
Our favorite is IWM (the Russell 2000 ETF):
Oil:
Gold:
Our beloved Yamana Gold, AUY:
Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).Please do your own due diligence.
Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).Please do your own due diligence.
This is not advice. Options are very dangerous and may cause 100% loss.Computed with StraddlesCalc Tool
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