Prepare Now for the Fed
Dear Profit Takeover reader,
I have been having a really great vacation…
This is my son, Mark, and we are having a blast this week.
Since I am out traveling, my colleagues from the Option Pit have been filling in for me during our live Profit Revolution shows, and I wanted to let you know what they’ve been covering in order to prepare for the Fed…
Yesterday’s expert guest was Andrew Giovinazzi, Chief Options Strategist at Option Pit LLC.
Andrew is the guy who wrote the trading program that taught me how to trade.
During the live show yesterday, he spoke about volatility, the Fed, and what he expects after the CPI number comes out…
He’s expecting a lot of chop until Friday – which means not a lot of movement in the market.
The VIX is currently at 24 which means the market should move about 1.5% per day…
And that’s close to how it is moving now…
But he stressed the importance of having a plan if you plan to trade around the Fed.
VIX is getting smoked heading into the CPI number…
And traders are already trading into it, rather than waiting to trade vol after.
Andrew will be paying attention to whether vol will go even lower after CPI comes out.
Another way you can prepare for the Fed is to sign up for Garrett Baldwin’s event tomorrow…
Tomorrow, at 12:30 p.m. (ET), Garrett is sharing how he thinks traders should play the Fed…
And potentially increase their cash by 5x – quintupling their earnings.
Don’t miss it –
For Garrett Baldwin’s event Fed Day, Payday: 5X Trades at 12:30 p.m. (ET) tomorrow, June 9th.
I will be back for the Profit Takeover on Monday, June 13th.
See you then,
Founder, Profit Takeover
June 08 2022
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