Are we facing the worst downturn in a century?
Buy This Stock Or Option Now Today, I want to use my favorite top down analysis approach when looking at the markets -- so let's begin with the global markets. Global shares opened lower today with investors cautious after a gloomy forecast for the economy was announced. The Organization for Economic Cooperations and Development (OECD) had a clear message regarding the economy: This is the worst downturn it has faced in a century. Best-case scenario is that the world economy will shrink by 6%... maybe with a modest pick-up in 2021. And based on this estimate in their analysis, I can see why... In today's video, I'm also covering which sector/industry will lead… which stock I like best… and a walkthrough on how to select options, strike price and expiration date. |
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| Simple Trick Could Have You Seeing Thousands |
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I spend a lot of time talking about how to reduce risk, and during these unpredictable market conditions, I think you understand why. A good way to decrease risk is to simply minimize the time you spend in the market. In other words, get into a trade before a large move and quickly get out. As a matter of fact, Lance Ippolito has made a career out of these "24-hour trades." You see, he deciphers data from the options market and uses it to strike moments before a stock jumps or crashes. |
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