It’s been a wild week, to say the least…
And I’m not just talking about Tropical Storm Debby that’s now wreaking havoc in South Carolina after dumping 18 inches of rain on Gulfport HQ earlier this week.
On Monday, the S&P suffered its biggest drop in nearly two years…
Then, the markets rallied back, giving investors enough confidence – despite Monday’s action – to send the VIX down below 23.
And now, as I’m writing, the VIX has spiked back above 27 and stocks are falling once again – and potentially handing back the gains they clawed back yesterday.
So… what the heck is going on?
Now that the dust has settled (and the flood waters have receded, we can finally dive in.
Just click on the video below…
Good trading,
Tom Gentile
America’s Pattern Trader