How To Trade Today’s Drop

Increasing cases of the Delta variant of COVID-19 are rattling the markets and getting the blame for today's pullback. There is no shortage of debate on what measures should be taken to address this spike but renewed lock downs are popping up in the buzz. All three indexes declined but the NASDAQ had the lowest relative decline. Its tech heavy stocks did well last year during the initial lockdown and could potentially benefit from another period of work from home and digital communication.

This could set up a potential buy as the QQQ (the ETF that tracks the NASDAQ) dips and offers what could be lucrative bargains. But don't jump in without doing your homework. These type of big moves could be extremely wild and volatile. The good thing is that there are very liquid options on QQQ that offer great ways to profit no matter which way the market swings. In fact, bigger swings can often make the payouts from these trades even larger.

Wendy Kirkland shared a great video that showed how to take advantages of trends in QQQ earlier today. If you missed it you can still access the link here

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Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Universal makes no representations or warranties that any account will or is likely to achieve profits similar to those shown. No representation is being made that you will achieve profits or the same results as any person providing a testimonial. Testimonials relate to various other products offered by Wendy Kirkland and not the product offered here, but all of these products are based on Ms. Kirkland's P3 pattern system. Performance results of other products described in such testimonials may be materially different from results for the product being offered and may have been achieved before the product being offered was developed.

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How To Trade Today’s Drop

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