Fight Back Market Volatility With These 2 Defensive Stocks

October 13, 2021 Wall Street Just Issued the Warning… "We think the market is very finely poised, waiting for what potentially could be a very, very big move." — $1.5 Billion Investment Firm. But Joy of the Trade Head Trader Jeff Zananiri is prepping for the biggest overnight turnarounds of the 2000s… Like 126%... 138%... even 246% all overnight like we've seen. Click here for the chance to trade this overnight phenomenon with him LIVE. Or, Click Here 5 Crucial Numbers Traders Need to Watch in October If you study the stock market like I do, then you already know that investors tend to bail out of stocks when they go south.... I mean, I get it. But you probably also know that sometimes it's best to fight back against market volatility with top defensive stocks. I say that because most major indexes are trading in what I like to call the "twilight zone," which occurs when they're hovering between their 50- and 200-day moving averages. This is usually when markets get choppy and lose directional bias, by the way. The best thing we can do is start shifting our money into defensive stocks that go up during both bullish and bearish cycles. So it doesn't matter if stocks are up or down... Hence the Word 'Defensive' 2 Charts to Watch in Lieu of a Shocking Move in Crude Oil We started the week off a bit rocky with futures reacting negatively to the rise in energy prices and interest rates. Crude oil was trading north of $80 and the 10-year Treasury yield was above 1.60% when I put this together Monday. The extended rally in crude oil is pushing it near multi-year highs, boosting energy shares. However, it's also igniting investor fears of the obvious inflation running rampant in the markets. And to add more fuel to the fire, both of these factors happening at the same time is ominous for the "inflation is transitory" case... It's been my view for a few months that the Federal Reserve would be unable to deny the rise in energy, and that it would become a problem not just for the markets but for the real economy as well. This week could be the beginning of what I see as a potentially parabolic shock rise in energy prices that'll cause the same chain reaction in oil and gas… Watch These 2 Charts to Stay Ahead of It "Hi Roger, I liked the video on earnings release and expected price move." Ron K. A Bullish Divergence occurs when prices fall to a new low while a technical indicator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.   Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.   Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 

                                                           

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