Fed Fallout Means Monumental Volatility

Dear Profit Takeover reader,

It’s the middle of earnings season and the Fed minutes release this week –

SPY is getting crushed today… currently trading at 409.04…

That’s about a 13% move lower from the high at the start of the year…

Which is significant… but it could be way worse.

And my VIX traffic light is back to BRIGHT GREEN – which means…

Volatility is expected to RISE dramatically.

VIX futures are in full backwardation…

And that means the market currently has no solid ground – and we should expect the unexpected.

We will see wild moves in the market on an intraday and day-to-day basis.

We may see a violent bear market rally…

Or we could see he markets sell…

But either way, there’s no avoiding it…

Wednesday’s Fed meeting will be unlike anything we’ve seen in years.

And no doubt, the spike we’re seeing in vol has something to do with this historic event.

Tomorrow at 2:00 p.m. (ET), Garrett and I are hosting a Pre-Fed Prep Event to share our Post-Fed Profit Plan in the main room.

We will outline our plans to trade around the Fed…

And share why we, as traders, are not worried about the current bearish market – and the effects Post-Fed…

And why you shouldn’t panic either.

SAVE YOUR FREE SEAT HERE

And CLICK HERE to add it to your calendar.

See you tomorrow,

Mark Sebastian
Founder, Profit Takeover

DON’T MISS TOMORROW’S EVENT

Tomorrow at 2:00 p.m. Garrett and I are sharing our Post-Fed Profit Plan –

Hope to see you then.

Save your free seat RIGHT HERE

THIS WEEK’S SCHEDULE (ET)

Tuesday 5/3: 10:30 am – 11:00 am Profit Takeover AND 2:00 – 3:00 pm Post-Fed Profit Plan

Wednesday 5/4: 10:30 am – 11:30 am Profit Takeover

Thursday 5/5: 11:00 – 11:30 am Foundations of Trading Preview with Brian King

Friday 5/6: 9:30 – 10:00 am Profit Takeover

TODAY’S WATCHLIST

1. Blue Apron Holdings Inc (NYSE:APRN)

APRN is currently up about 28% on a short squeeze…

The stock is currently at $3.90 –

Image from wallstreet.io

This is probably set up for a huge fade.

I would look at a bearish play here over the next couple days after it finds a top.

2. Twitter Inc (NYSE:TWTR)

TWTR is still well below the “deal-price” –

But it is starting a little rally again, now at $49.19…

Image from wallstreet.io

We could see a pop here.

3. Apple Inc (NASDAQ:AAPL)

AAPL is currently trading around $155.30…

Image from wallstreet.io

We could it fall to $150 or lower…

I will be looking to play the downside here.

---

Comments