This volatile market is like riding the bucking bronco! No matter how much volatility, we cannot ignore the trend and, we are prepared to ride it, all be it keep focus on any signs of turn around. That’s our goal for our members and our own money, to ride the trend for as long as it lasts.
The S&P 500, SPY, is a great ETF to ride the overall market, without stomach-churning moves. SSO would be more risk because it is leveraged. Sooner than later we will add DIA and QQQ. Much like SPY the NASDAQ 100 ETF, QQQ is a big daily volume ETF but not as much the average 100 million daily volume for SPY.
Riding this volatile market and the big trend requires rigorous risk control. Hence, it is imperative that members adhere to our posted stop prices in the members page after entry and, update every evening for risk management.
So, enjoy this bucking bronco while it lasts!