Systemic Chaos: Riots In China Shut Down iPhone Production & BlockFi Bankruptcy — Don’s Daily Brief

by | Nov 28, 2022

Who had riots in China shutting down 30% of iPhone production? Not me.

Who had BlockFi, another bankruptcy related to the FTX crypto collapse? I didn’t have that one either.

Then again, picking particular things going wrong isn’t the point of preparing for the inevitable chaos, recessionblowups that we’re setting up for right now.

It’s knowing that something CAN happen without knowing exactly what WILL happen.

Through the end of the year, as a result of all this, we’re in a risk-off environment.

And with risk-off, that means VIX is on. Volatility is on.

Volatility is really cheap right now, so for today’s daily pick, I want you to buy VIXM, an ETF on longer-dated VIX futures.

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👉👉 Our total now comes to 29 winners since we started in mid-August! (just 18 losers in that same period, with small losses in each)

Why not join us and get ready for tomorrow’s pick? Subscribe to The Daily Pick right now for just $9/mo!

The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.

Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.

The top idea from his daily scan ends up here.

For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.

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