Do You Know the Most Important and Timely Stock Plays During the Trading Week? View Our Power Rankings.
gonza Followed profitable-or-not1 day ago
gonza Followed cash-flow-positive1 day ago
gonza Followed high-beta-volatile-stocks1 day ago
anonusers Placed a 'Buy' Sentiment on TTCM3 days ago
anonusers Placed a 'Buy' Sentiment on KBLBMore than a week ago
anonusers Placed a 'Buy' Sentiment on TTCMMore than a week ago
russurban Followed jennsellsMore than a week ago
russurban Placed a 'Buy' Sentiment on VXRTMore than a week ago
russurban Followed SONMMore than a week ago
Most Discussed Stocks through Posts and Reactions on SpeculatingStocks  VXRT  •  NFLX  •  PINS  •  BB  •  TWTR  •  CGC  •  ARCI  •  LULU  •  SNAP  •  IRBT  Reserve Investor Relations Services for OTC Stocks at

Flight to Safety in Market Today


NUGT, flight to safety

With the geopolitical event in Syria, smart money is going to safety.

Released on Friday, April 7, 2017, 7:30 AM ET
by Email Russ UrbanContact SpeculatingStocks

Pittsburgh, PA (SpeculatingStocks) - The United States completed a precision strike on a Syrian airbase after 9 PM ET last night to send a message to the Assad regime. This is a major geopolitical event and it is certainly affecting the markets, as most geopolitical events do. This geopolitical event could have aftershocks that last into the weekend at least and most likely throughout next week. There will need to be diplomacy and this includes International players like Russia.

Gold, Crude Oil and Volatility are all in play already in the premarket today with all of them moving higher as investors flock to safety. Both Crude and Gold are up over 1%, which is a pretty decent move. Old energy, such as oil, natural gas, and coal were already looking like the place to go with tech overheated, and now old energy really looks like the place investors will flock over the coming days. Not to mention that old energy is being benefited by several rollbacks of regulations recently by President Trump. This certainly puts the Direxion Daily Energy Bull 3X ETF (NYSE:ERX) in play and it's at a great point in its chart going into today.

Volatility loves to perk up during geopolitical events. The VIX swung higher from both the Brexit in 2016 and Greece debt crisis in 2015. The ProShares Ultra VIX Short-Term Futures (NYSE:UVXY) is perking up this morning in the premarket up 2.45%, so watch it to be in play today and potential spill into next week.

Gold of course is the biggest flight to safety play. The Direxion Daily Jr Gold Miners Bull 3X ETF (NYSE:JNUG) is up over 4.50% and the Direxion Daily Gold Miners Bull 3X ETF (NYSE:NUGT) up almost 4%.

Smart money is moving in heavily and confidently to the investments above in the premarket. Odds are there will be some aftershocks that will spook the market.

Join the discussion of stocks and topics mentioned in this article within:

"The Poor Man's Bloomberg Terminal":

Discover more stocks on the:

⇒ About the Author of this News Article:

Russ Urban has been following the stock market for over 17 years and holds a Bachelor's Degree in Finance. From a young age, he watched CNBC with a keen eye and became obsessed with the market and technology. Russ Urban has written hundreds of stock articles and stock picks through the years since he founded, Inc. in 2006 and holds strong faith in the power of the markets and capitalism.

 If you like what you read, please share this article on social media via top right buttons in the header of this page or share in other ways. Thank you. We depend on the help of our visitors. Much appreciated.