The “Hot Money” Secret Behind Yesterday’s Wild Market Swing

This post The “Hot Money” Secret Behind Yesterday’s Wild Market Swing appeared first on Daily Reckoning.

The bulls took charge Wednesday morning.

The major averages were up more than 1% on the day. Stocks were holding their gains and looking to erase the damage caused by the rapid-fire pullback that shook the markets earlier this month.

But everything changed during the last hour leading into the closing bell.

The rally suddenly imploded and stocks spiraled lower. Gains vaporized in the blink of an eye, leaving the Dow, S&P, and Nasdaq to finish the day deep in the red.

The financial media is telling us stocks reversed course because investors have developed a newfound concern over interest rate hikes.

But my new colleague Joshua Belanger isn’t interested in what the talking heads on financial TV try to tell us about the markets…

“People lie,” he says. “Money doesn’t.”

[Editor’s note: Sign up here to learn how to profit from market moves like we saw Wednesday in real-time. This window to sign up for this FREE event is closing fast. Click Here Now to Secure Your Seat (No credit card required.)]

Joshua started his trading career as a runner on the floor of the Chicago Mercantile Exchange. He eventually made his way to the trading desk learning the inner workings of trading and the markets.

As Joshua has grown to become a leading options trading experts, he’s quietly helped thousands of investors pull gains out of the market. Now he’s looking to put his intimate market knowledge to work for you.

Here at Rude HQ, we talk a lot about shutting out the financial noise machine that’s consistently robbing investors of their hard-earned gains.

That’s exactly how Joshua operates. He knows that what we hear day in and day out isn’t going to help pull big winners out of the market. He even has proof.

“Back during the financial crises on March 10, 2008, Bear Sterns lit up my system as a massive short. My proprietary system indicated millions of dollars of put option contracts were being purchased,” he explains.

But that’s not what investors were hearing.

In fact, Bear Sterns CEO Alan Schwartz was talking his book on CNBC as Joshua received his trading signal. Bear Sterns was fine, he assured viewers. Nothing to see here!

But the evidence was telling a different story. Buyers of these put contracts were risking millions of dollars betting on potential bad news, Joshua explains.

Fast forward eight days after this infamous TV appearance and Bear Sterns was declaring bankruptcy. Shares of the company sank. The insiders betting against the company were able to lock in incredible gains.

“This is what I call Hot Money,” Joshua continues. “Bear Sterns is just the tip of the iceberg. I used my same Hot Money system to instruct my clients into Lehman Brothers put option contracts around the same time frame. They closed out for 2200% gains.”

Using his prior floor trading experience from the Chicago Mercantile Exchange, Joshua has developed a proprietary approach that scans millions of options orders on all 16 option market exchanges to find “Hot Money” trades.

“Savvy investors with market-moving information don’t just buy stock,” Joshua says. “They leverage the options market.”

He’s debuting his “Hot Money Tracker” at an exclusive Tuesday, February 26 event. It’s free to attend for Rude readers. During the event, Joshua says he’ll demonstrate how “Hot Money” could help you pocket gains as large as $39,000 in 8 days… $26,998 in 5 days… even $10,990 in just 2 days.

Trust me, you don’t want to miss this.

>>Click Here Now to Secure Your Seat

Sincerely,

Greg Guenthner
for The Daily Reckoning

The post The “Hot Money” Secret Behind Yesterday’s Wild Market Swing appeared first on Daily Reckoning.

This story originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today’s markets. Its been called “the most entertaining read of the day.