The S&P 500 Index (INDEXSP:.INX) has turned negative yet again this morning.
New data has come out showing a recent surge in COVID-19 hospitalizations in Texas. This news has caused markets to reverse directions and start heading back into downfall. This comes after three days of rise in the stock market surrounding optimism within the U.S. economy.
Fear of a second wave of the Coronavirus, further escalating tensions with China, uncertainty in company earnings… It’s becoming harder and harder to know where to focus your energy as a trader to profit from swings back-and-forth in today’s stock market conditions.
The market is extremely reactive in both directions. But, especially on the upside, when there’s a sniff of good news to do with the virus…
Future of Wealth Head Trader Lance Ippolito and James West break down how to navigate these unprecedented times while trading options. Watch the full interview where the head trader discussed winners he has on his books, the rise of Robinhood & retail traders and much more.