How to win in this market
The Warlock – Kenny Glick – here.
THE END OF CAPITALISM AS WE KNOW IT.
Yesterday, the Federal Reserve announced a 0.75% interest rate hike.
And the market ripped to the upside.
The market was already on its way higher thanks to a phenomenon known as “Pre-Fed Drift”, which is when stocks have provided large average excess returns on the day of and before the Fed meetings.
Check out this chart, which stops right at 2 p.m. ET, or right before the Fed made their announcement.
This is a chart of the Invesco QQQ Trust (QQQ) – perhaps my favorite stock ever.
Nothing too crazy to see here…QQQ broke VWAP at the open and chugged higher all day.
So that means that when the Fed announced their interest rate hike that the market crashed back to reality, right?
Everyone’s been screaming about bear markets and recession and inflation, so now that the Fed is ending their easy money policy, it’s supposed to all come crashing down, right?
This is the FINANCIAL RECKONING we’re supposed to be cowering in fear over?
I thought the market was supposed to free fall into our new American hellscape?
After a little bit of chop, the market SCREAMED higher once Fed Chair Jerome Powell started speaking.
But what catches my eye the most is what the market did right after the Fed statement…let’s zoom in.
Even with a sudden, sharp pullback after the initial Fed statement, the Qs never broke VWAP.
You could have been trading this in the moment, seen the Qs roll over and thought it was time to go short.
But not if you were a devout believer in VWAP.
So the market fakes a rollout, then fakes a rally. Then the Qs test VWAP again, and again don’t break.
Then the Qs, in that ONE BIG CANDLE, rally past the center point of the developing W pattern, break above where they initially broke down from and BOOM!
It’s off to the races.
And that, my friends, is a textbook Kardashian Bottom pattern.
The price the QQQ broke out from was $303.61. From there they rallied five dollars.
Sure, if you had bought 100 shares, you would have made $500 in profit. But what if you have a smaller account and can’t buy 100 shares of a $300 stock?
At the time, the $304 calls were trading at $1.96, or $196 each.
They topped out at $4.55, or $455 each! That’s 130% profit.
You could have bought 5 call options for around $1,000 which would have returned roughly $1,300 in profit.
In less than an hour.
But please, tell me again how this is the FINANCIAL APOCALYPSE?
This is all I hear from other financial media.
Look, I’m not saying that I knew what was going to happen…far from it.
I’m saying that NO ONE knew what was going to happen and anyone telling you otherwise is FULL OF IT.
Because with this trade all you had to do was trust VWAP all day and it literally would never have gone against you.
That’s the beautiful thing about trading with me in Warlock’s World.
We don’t speculate.
We don’t have to.
We take what the market gives us.
And this is what I teach every day to my Warlock’s World community.
Right now you can start trading with me for only $349 per month.
This isn’t some trial membership with everything locked behind further paywalls.
For $349 per month, you get all the perks of lifetime access to Warlock’s World.
You get ME.
You get my multiday VWAP code so you have the exact same charts that I do.
You get access to three bonus earnings sessions every week, where we lay down the roadmap on how to trade the upside and the downside of stocks reporting earnings.
And you get a 30-Day Money Back Guarantee.
After 30 days? You can cancel your monthly subscription at any time.
No one else in the finance industry does this. They want you to pay thousands of dollars up front out of fear or greed.
Warlock’s World is different.
I reduced the barrier to entry because I want as many people as possible to come trade with me.
Let me prove it to you.
And the next time you hear or see something from anyone else in this industry talking about how they KNOW that something is about to happen…
You and I can laugh in their faces together.
Click here for full details about this exclusive offer.
Enrollment is only open for a limited time.
That’s all for now, VWAPians!
Kenny “The Warlock” Glick
One response to “How to win in this market”
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July 28 2022
Kenny, I’m signed up for the 3 month special to the warlocks world and all of a sudden I can’t get into your world. I called csr Svc and they had me log out , no help, reset my password and no help. What’s happening ?