It’s Wednesday morning and you know what that means…

Time for another trading session at 10:30AM ET, just like every other trading day!

I’m going live in half an hour to see if there’s anything in the market we can profit from.

Click here to join me on Money Morning LIVE.


I’ve scoured the entire stock market twice today… and tomorrow I’ll have a brand new Breakout Watchlist.

But today, we’re keeping our powder dry.

All my technical charts are showing me that right now, we must be extra prudent with our trades.

Although a lot of over-the-counter stocks are trending upward to their 50-day moving averages, we don’t want to bet on this trend right now.

Remember, when we’re looking at trends, we’re looking to see if the trend will continue.

In this case, we can’t be too sure.

The overall stock market, from indices that track small-cap stocks – like the iShares Russell 2000 ETF (NYSE: IWM) and iShares Micro-Cap ETF (NYSE: IWC) – to the S&P 500 and Nasdaq, are slipping into “hold onto your horses” territory.

Although they aren’t over-the-counter stocks, we can not ignore this broad market slowdown.

Everything is connected.



The reason we’re not making any new trades is because we’re not seeing any volume.

Not to mention, there has been no confirmation that this selling pressure will stop anytime soon.

Volume is hands-down the most important ingredient that’s missing at the moment.

Here’s why…

When volume is dropping off like this, a “volume vacuum” kicks in. A volume vacuum basically means people stop trading.

After they stop, there are two paths of least resistance and they’re both bad news:

  1. The stock flat lines, floating in market purgatory neither moving up or down
  2. The stock goes straight down to you-know-where

Now if we were playing with options, we could profit from this sort of situation.

In fact, my Night Traders have already made three different put positions this week to make money from a potential fallout.

It’s not too late for you to play this market either and my Night Trader trading research service is the best way I can help you do it.

To see if this sort of service fits your financial needs, please call 1-877-211-3024 for personalized assistance to see if Night Trader is right for you.

With that said, I’ve got a brand new watchlist coming for you tomorrow.

I’m giving it a deep refresh so that we can profit from the seismic shifts we’ve been seeing.

But given everything going on, today we’re not going to make any trades.

Considering there are 252 trading days in the year, missing one won’t be too costly.

Until next time,

Chris Johnson


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