Hi Traders,
The market has been on a tear the last couple weeks. I guess everything is good in the world again. What Bank crisis? Since the market volatility is waning, let's look around for a place where it is rising. Commodities!
Unlike the normal market and most stocks, volatility tends to RISE in commodities when the prices increase. For the rest of the market, it's usually the opposite. Volatility rises when the stock price decreases.
Oil has been on a tear recently and volatility is increasing, so into oil we go with USO, an oil ETF.
Watch the video to get the details
Kal
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