What to do now that Murphy’s broken the market

Well, well, well.

What a difference a day and a half makes.

Earlier this week we were talking about the incredibly low volatility environment… how it’s been 100 days since markets have dropped more than 1.5%.

I even shared this chart with the Raging Bull team yesterday…

It’s hard to see, but look to the right of the chart. The green box highlights the market’s movement over the last three months. (If you needed a visual to support my constant reference to market chop ☝️, this would be it!)

Of course, lo and behold, markets ended 1.6% down at the end of Thursday’s trading. It’s like Murphy’s up to his antics again. We’ll have to wait and see what the markets have in store for us today.

Interestingly, 22 years ago, on September 21, 2001, the Dow endured its biggest weekly loss since the Great Depression. It cratered by 14.3%.

The overall negative investor sentiment yesterday dragged ARM into new lows 📉. Just one week after going public, the chip designer’s stock price is 12% lower than the opening bid of $59.49. It’s 21.5% down from the $66.49 high it achieved on the 15th.

I traded ARM’s opening day like a boss 💪.

As you can see above, I am not one for trying to hold IPOs for long. When I see a hot new issue, I want to get in near the opening price and look for a quick flip.

I am a trader, not an investor!

There is a ton of research about the impact of timing on investment success. Depending on when you start investing, you’ll either do really well or end up working at Lowes or Walmart when you’re 86 (no disrespect to anyone… and yes, I know many elderly folk choose to work rather than being forced to… still the odds are they’re in the minority).

There’s also a lot of research into the timing of career entry. Or just the timing of your birth. The silent generation endured the Great Depression. The Baby Boomers have enjoyed prosperity. The Millennials… not so much.

It turns out that the saying “timing is everything,” isn’t just a platitude.

ARM lucked out on the IPO timing front.

CART seems to have fared better against yesterday’s market losses. It ended the trading day 2 cents above its opening bid of $30 per share. In over night trading, it regained some ground. Still, after topping out at $39.86 around 1 p.m. on opening day, it’s down 24%

For investors, that’s got to hurt.

For traders, this chop 🌊- because one close 1.6% down doesn’t translate into actual volatility - is a feast of opportunities.

Timing is everything! ⏱️

But, my Alpha Hunter members have learned that there’s an options trading strategy that takes timing off the table entirely.

I’m going to talk more about it today, during a LIVE TRAINING SESSION over lunch.

Occasionally, I open up my Alpha Hunter training sessions to non-members. I want to make this type of training available to anyone, even if you aren’t comfortable enough yet to become a member.

I couldn’t think of a better time to do it again than TODAY, Friday 22 @ 12 p.m. EST.

You don’t need your credit card. There are no downloads, no passwords, no bait and switches. Just an open door to today’s LIVE TRAINING SESSION in my Alpha Hunter Chamber.

During our time together, I’m not only going to cover my favorite options trading strategy that takes time out of the equation, I’m also going to explore what trades are popping up in this crazy market.

I’ve had some great trades recently (some losers as well… trading is hard, past performance doesn’t guarantee future success, and results aren’t guaranteed), but no one’s ever found a bag of gold coins without a metal detector and a plan.

»JOIN ME FOR A LIVE LUNCH & LEARN«

Here’s to YOUR success,

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