After the long Independence day weekend, the market is kicking off the month of July on wobbly legs.
Nothing shows this more than the Volatility Index ($VIX) nearly blowing past the 18 level.
When the $VIX goes above this level, it means that a sudden volatility storm could wipe out your portfolio at any moment.
Which means it’s absolutely critical that you hedge your portfolio right now.
You do not want to be caught on the short end of the stock market when it starts falling off a cliff.
Fortunately for us, we can protect our portfolio and profit from the upcoming volatility storm simply by hedging three different stocks.
Here’s what to do to protect your wealth from a correction…
Lately the entire world is trying to figure out how to react to the semiconductor, aka computer chip, shortage.
Naturally, as traders, you and I will react by profiting from this latest macroeconomic issue.
But don’t buy any stocks or ETFs just yet.
This sector is a “herding cats” sector, which means it’s hard to pick stocks right now.
Although the demand for semiconductors has increased, the technicals just don’t back up the entire sector as a whole.
That’s because there are only a few companies that actually produce new semiconductors.
In fact, my charts are showing me there’s one blue-chip stock that you must get rid of right away – it’s on track to destroy your wealth.
My charts are also showing me the exact price targets for the two best stocks in the sector.
Here’s how to profit from the semiconductor shortage…