Room is live: stocks spiral, sterling gets pounded, and VIX tops 30

Garrett Baldwin

Good morning, Money Morning LIVE family!

Stocks fell to new lows on Monday, but is that the end of the pain??? Ha... you better just join the room at 8:30 AM ET and trade with us.


Strongest trades in the market

On today's show...

  • Dollar crushes the pound: The strength in the U.S. dollar just sent the pound spiraling. This will have dramatic implications on global markets, so how do we profit? Chief Investment Strategist Shah Gilani will join us for the info we need.

  • Down goes APE: AMC and APE both got crushed on Monday. Yes, this is still happening. I believe I saw Kenny Glick trading AMC recently? That can't be so... can it?

  • VIX over 30: The Cboe Volatility Index (VIX), the fear gauge of the market, jumped above 30 for the first time in months. How do we capitalize on the volatility?

Butterflies 101 LIVE today!

Mark Sebastian is doing a specialized trading lesson each day this week during his Profit Takeover show in the free trading room.

Today, Mark will be going over butterfly trades and how traders can learn to set up this option strategy. They're not as intimidating as you may think.

Get our full streaming schedule here.

**Make sure you take advantage of the
Money Morning LIVE Trade School for free trading education**

See you in the chat!

Garrett Baldwin
Executive Producer, Money Morning LIVE