Is this a reversal or correction? What you should do now

After a strong rebound this week that broke records again, we saw a pull back this morning in spite of impressive jobs numbers. Adding almost a quarter of a million new jobs just didn’t offer any lift. The markets seemed to focus on energy with oil prices dropping and ongoing concerns about the spread of the Coronavirus. This again begs the question, “What moves the markets?” While the headlines will work to justify their existence and find a likely candidate to point at, you often get the feeling they are, at best, taking one perspective on what is going and hanging their hat on it. At worst, they are simply guessing and trying to hit their deadline. Either way, this is not the kind of data you want to have your retirement account resting on. The good news is that while this is not new (media has lagged behind what is going on in the markets for years) the tools to understand what is truly moving prices have become easier to use and more robust. As have the trading products (options, ETFs) that are available to leverage those tools. Finding a solid strategy to grow your account should be effective no matter which way the market goes. In fact, solid options strategies actually do better when the market seems erratic and is following its own rules. If you aren’t using options to grow your account today, this is the perfect time to start. If you are, make sure your strategy has as much winning potential as the strategies Chuck Hughes used to win over ten trading championships. In the message earlier today, Chuck Hughes shared his 3 rules that have helped him generate consistently exceptional growth in up AND down markets. The link even include his bestseller “Trade Like Chuck” and DVD for free. If you missed it you can still access it here [Full details here...]( --------------------------------------------------------------- © 2020 Tradewins Publishing. All rights reserved. The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the “Services”) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy Publishing, LLC (“Legacy”) a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk and is not appropriate for everyone. The actual profit results presented here may vary with the actual profit results presented in other Legacy Publishing LLC publications due to the different strategies and time frames presented in other publications. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, Legacy does not make any guarantee or other promise as to any results that may be obtained from using the Services. Legacy disclaims any and all liability for any investment or trading loss sustained by a subscriber. You should trade or invest only “risk capital” – money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. Some profit examples are based on hypothetical or simulated trading. This means the trades are not actual trades and instead are hypothetical trades based on real market prices at the time the recommendation is disseminated. No actual money is invested, nor are any trades executed. Hypothetical or simulated performance is not necessarily indicative of future results. Hypothetical performance results have many inherent limitations, some of which are described below. Also, the hypothetical results do not include the costs of subscriptions, commissions, or other fees. Because the trades underlying these examples have not actually been executed, the results may understate or overstate the impact of certain market factors, such as lack of liquidity. Legacy makes no representations or warranties that any account will or is likely to achieve profits similar to those shown. No representation is being made that you will achieve profits or the same results as any person providing a testimonial. No representation is being made that any person providing a testimonial is likely to continue to experience profitable trading after the date on which the testimonial was provided, and in fact the person providing the testimonial may have subsequently experienced losses. The cost basis for some of the options in a portfolio may be reduced by rolling over profits at option expiration which is one of the Hughes Optioneering Trade Management Rules. Some income figures presented represent the total amount of option premium collected during the referenced period. Actual profits were less. Open trade profit results may have increased or decreased when the trades were closed out. Chuck Hughes' experiences are not typical. Chuck Hughes is an experienced investor and your results will vary depending on risk tolerance, amount of risk capital utilized, size of trading position, willingness to follow the rules and other factors. If you wish to stop receiving our emails or change your subscription options, please [Manage Your Subscription]( TradeWins Publishing, 528 North Country Rd., St. James, NY 11780 If you'd like to unsubscribe and stop receiving these emails [click here](.