Intermediate Trade: VIX

While the market is down big today, I think the Trump news ends up being a bit of a nothing burger, just like "Russia classified info" was squelched. The problem is you get enough nothing burgers, they can turn into something far nastier. Even so, I think there is a smart way to play the market backing off.

VIX is trading at a premium to the June future, which has made a wild move higher from 12 to 13.50. I think we could quickly see things escalate, but I also think this looks like a three-day selloff at most ... unless another shoe drops....75 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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