So We’ve Got That Going For Us…..

Stocks may have opened the week  1% lower, but it is a vast improvement from last  Monday's market crash.

In the grand scheme of things a 1% decline to start the week beats the chaotic carnage of last weeks open.  So we've got that going for us.... which is nice.

I remain cautious here as we've seen prices gyrate wildy for nearly 5 sessions.  The VIX remains at tremendously elevated levels.  This could all change, and I am sure it will, but there is no sense getting aggressive before we get a break one way or the other.

I do however think there is more room left for this rally, be it just a relief rally, or something more substantial.


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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