“Earnings Scalping:” The Best Way to Play July’s Fast-Approaching Bearishness
July is quickly coming to an end – and I’m seeing a whole lot of red.
No, I’m not talking about my car’s temperature gauge or gnarly sunburns from the mid-summer sweltering heat.
I’m talking about the market.
As pattern traders, we know that the only way to predict the market’s future is by looking at the past. And with the past 10 years as our backup, we can see that the final two weeks of July tend to bring about a major downturn in the market:
And this year could be even worse.
See, over 1,800 companies are reporting second-quarter earnings during the back-half of July. With the coronavirus-driven economic downturn, the bears are set to pick up the pace before we know it.
That’s why today, I’m going to take you through the upcoming week to explain exactly what that red-hot image means. I’ll show you the best way to play these upcoming earnings reports using a strategy called “scalping” – and it will help you protect your portfolio from the end of July’s historic bearishness.
You can check it all out in the newest video from my Youtube channel, right here.
Then, take a look at this free Power Profit Trades report, Options 101: The Easiest Options Guide You Will Ever Read. Here, you’ll find a full explanation of exactly how to use options to play a falling market.
Now, if you want to avoid stocks all together, then check this out. The end of July could actually be extremely lucrative for this tiny sliver of the currency market. In fact, thanks to an event set to take place by July 30th, this virtually unknown market is about to get a billion-dollar infusion.
To learn how you can take advantage of the profit potential this event has to offer, click here.
Here’s to your success,