Gas Shock Watch: What Two Refinery Closures Could Mean
Gold’s Run, Gas-Price Risk, and a Simple Volatility Map
On yesterday’s Profit Panel, the team kept it practical:
Gold & Silver
The trend is up, but pros don’t ride blind. They take profits into strength and trail stops so winners don’t turn into lectures. Silver got a simple plan too: buy dips, not rips—often with a little time on the option so noise doesn’t shake you out.
Gas-Price Watch
Two California refinery shutdowns (Phillips LA by December; Valero also exiting) set up a tighter supply picture into next year. No panic trades—just a heads-up that policy and capacity can move prices faster than people expect.
A volatility cue you can use
The Rule of 16. Take the VIX, divide by 16, and that’s a quick estimate of the market’s expected one-day move (in percent).
If price is swinging more than that or VIX1D spikes over VIX, pros often favor selling premium with tight risk—because elevated swing + rich options = better pay for time.
Takeaway
You don’t need to guess the headline. Trade the behavior: trail winners, buy quality dips, and let simple volatility math keep you honest about risk.
We’re back at it today with more deep market insights you can trade on:
Click here to watch the on-demand replay!
To your prosperity,
The ProsperityPub Team
🎰 Did You Catch This?!
Alex Reid broke down a simple pre-trade check that Chris Pulver shared to gauge if extra chop is likely.
It’s a quick habit that helps you set targets, size trades, and avoid asking the market to do more than it’s likely to give.
See the ONE thing you need to check before you place a trade today
*THIS* 3PM Trick is Behind One Expert’s MASSIVE Results
No guesswork… No fancy indicators…
Just a simple 3 step process and this pro knows EXACTLY what trade to enter at 3pm.
See how it works!
Quick hits from the rest of the show
- Rotation Is On: Utilities & Energy Lead the Tape — Copper Confirms
- Tesla’s Road to $470: One Level Unlocks It
- GOOGL Headline Gap: The Fade Setup Everyone Misses
- Silver Playbook: Buy the Dips — Use Time on SLV, Not FOMO
