Earnings season arrives in three weeks' time, and all Guy Cohen sees is uncertainty. The outcome of this uncertainty is likely to manifest in volatility — and this is where you should focus your efforts for now.
How to Trade When There is Uncertainty Like Guy Cohen
Of course there are some exceptions – there always are.
But think of trading like black jack … You increase your odds by counting the cards and understanding the correct strategies. That's like Guy using the OVI and his trading plan.
In blackjack when the cards are against you and the house looks strong, you reduce your bets.
With trading, where we see uncertainty we do likewise. But there is one key difference …
With trading we have more choices. And one of those choices is to understand and play the volatility, especially around earnings. A few stocks look interesting even at this early stage, so today Guy will run through them in his OVI Market Review.
Find out which banks are safe according to the Fed stress test right here.
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