Coval Condor

Our LIVE TRADING CLASS is coming up! July 21 & 22nd, Come and join us for two full days of LIVE TRADING and see how to be successful in this market condition. https://incometrader.com/small-class-training-2-day.php

Have you seen the stock market lately? It's not just the health care system and unemployment rates that are volatile right now. 📉

A few weeks ago, the S&P 500 and the Dow Jones registered the their biggest one-day percentage drops since the Oct. 19, 1987 crash. 😲

Want to know what you can do about your current investments in the market right now?
👇👇
We're bringing in Mike Coval from Invest-Edu for a free webinar where you can learn exactly what he's doing with his investments and how you can do the same.

Just register right here and we'll see you online next Tuesday night. ;)
https://attendee.gotowebinar.com/register/3970778897046319629?source=social

What a great time and learning experience the students had at the Orlando live trading class with Mike, Stacy and many of our other professional traders. We also had several students attend a mentor ship 2 day training as well. Hope to see those who missed out this year can come next year. You won’t regret it and of course after a hard day of trading it’s time to have a little social time together.

For many, the selloff can be dramatic but the large down days can be a blessing for those looking for some cash flow. The implied volatility of the put options has increased 4 fold so take a look at the Nov 5th $2,490 / $2,480 put spread trading for $0.50 in the spread.

If this is new to you then it may be best to sit out for a while until the selling stops.

SPX critical support at $1,914. If we break this we will likely see new lows. Consider protecting your accounts with SPXS and SDS.

As long as we hold above $1,915 this week on the SPX we should see some buyers come back into the market and pick up a few of the oversold positions. A close under $1,915 means we will likely be headed for new lows.

Every time the VIX gets below 12, we have had a market wide pullback. Its at 11.79 today.

Very Nice! the profits just keep rolling in...

Thank you www.COVALCONDOR.com for another great trade! Off to play now...

SPX is almost ready to break $2,100. When it happens we should see $2,080 as the next short term support.

Volatility (Fear and Greed) Index is reaching yearly lows. As soon as it stops dropping the Markets will be ready for their next pullback.

S&P 500 is reaching new highs and yet many of the big blue chip sector leaders are not. AAPL, BA, IBM, WMT, GOOG... Be cautious as this usually is a set up for a healthy pullback.