Top Trading Strategies as Markets Decline

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Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.

Before the end of last week, we had been seeing a consistent drift lower in the CBOE Volatility Index (INDEXCBOE:VIX) coupled with a rise in overall markets. As we have been predicting through momentum indications, Thursday changed everything…

We saw a complete reversal and a massive market sell-off. The Vix then closed at its highest level of volatility since April.  The main catalyst being fears of a second wave of the Coronavirus. Markets have also been severely overbought on short-term basis and so it isn’t hard to see the rally would fizzle out.

So what’s next for Wall Street?

Watch the full interview with Wealthpress Head Trader Roger Scott, Joy of the Trade Head Trader Jeff Zananiri and Future of Wealth Head Trader Lance Ippolit where we answer the following questions:

What will happen now the S&P 500 Index (INDEXSP:.INX) has seen a death-cross from a technical analysis perspective?

What are the strategies retail traders should be using/avoiding with the increased volatility in the stock market?

What are the high probability trades we’re looking at to make money as the market correction persists?

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.