If you’ve watched my videos or read along here much lately, you probably know where I stand — I think we’re heading for a major correction. We’re talking S&P 500 levels that could eventually drop as low as 2,000. And yet, here I am, still taking long trades. Sounds crazy, right?
It’s not.
The reality is, you don’t need to buy and hold to make money. There are short-term opportunities all over this market — even in the middle of a storm. And in some cases, certain names can rally to new all-time highs while the rest of the market melts down.
This Isn’t All or Nothing
Just because I’m bearish on the big picture doesn’t mean I stop trading. That’s a silly mindset. There are always tickers that move against the broader trend — strong companies that can rise even while the indexes fall. And there are other ways to play, too.
You can go long on names that rise when the market drops. You can make money on both sides of the trade — you just have to be nimble and selective.
Some of these setups are short-term credit spreads. Others are directional longs that I’m in for a quick move. But I’m not buying and hoping. I’m not holding through a storm.
These are targeted, fast trades designed to capture short bursts of momentum. Once the juice is gone, I’m out.
This Market Is a Shakeout Machine
We’re already seeing it — a giant shakeout is coming. The altcoin space is likely to get crushed. Dumpster fire companies could go out of business. And even quality names are going to get dragged lower when the correction hits. But until then?
There’s still upside to play.
You’ve got to know the time frame you’re operating in. I’m not building long-term positions here. I’m hunting for trades that make sense based on what the chart is telling me right now — not what I think is coming six months down the line.
So yes, I’m still taking long trades — even though I expect a crash. Because it’s not about guessing the top. It’s about reading the chart, managing risk, and grabbing profits while they’re there. When the big down move comes, I’ll be ready. But until then, I’m going to keep pulling money out of this market one setup at a time.
Now don’t forget today’s Daily Chart Setup down below!
Jeffry Turnmire
Jeffry Turnmire Trading
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I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I’ve been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it’s the Eagle Scout in me.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. We Could Slide Into a Major Crash in the Coming Weeks…
The mainstream media is overlooking one crucial pattern that could send us right into a market crash we’ve never seen before…
But there’s a way to stay ahead of whatever happens!
Get the Complete Details Here!
Today’s Daily Chart Setup: Heico (HEI)
This idea came directly from my Daily Chart Setup that automatically signals potential plays.
- HEI is a new potential entry. Target: 279.33 Stop below: 228.07
- HEI has a historical win rate of 82.35%
- HEI has a profit factor of 2.332
- HEI trades last 178 trading days on average over 34 trades since 1968.
See the secret behind these signals here!
This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.
