Flash Alert: Today's Trade Update

March 23, 2020

Our main focus right now is to best navigate this turmoil.

That means we have to remain nimble, patient and avoid any unnecessary loses.

Earlier today the Fed announced they would buy assets ‘in the amounts needed’ to support smooth market functioning.

This surprise action by the Fed created a lot of mixed signals in today's market action.

As we’ve discussed for the last several weeks, we must be patient and avoid forcing any trades.

Instead of forcing a trade today, I am going to wait until tomorrow morning.

That means, no-trade today.

I'll have a new one for you tomorrow morning.

Action to Take: No Trade today





Joshua M. Belanger
Joshua Belanger is founder of CounterVest and the editor of Hot Money Trader. He has been providing ordinary investors blockbuster returns since 2008. In 2018, the average return of Hot Money Trader beat the markets by over 15%