Here we go again.
Weeks after the global community began to reopen, there are signs of a resurgence.
New cases and hospitalizations are aggressively sweeping across Florida, California, Texas, Alaska, Arkansas, Kentucky, Mississippi, North Carolina, Oregon, South Carolina, and Utah.
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Brazil, the UK, and China are reporting higher case counts, as well, as the world nears the eight million-case mark.
It’s all leading to fears the global community may need to shut down again in an attempt to stop an unstoppable virus until we have a vaccine in hand.
· The United States is up to 2.094 million cases
· Brazil is now up to 867,624
· Russia is up to 536,484
· India is up to 332,424
· The UK is up to 297,342
· Spain is up to 243,928
And numbers are only likely to surge until there’s a vaccine in hand.
The best way to trade the fear is by again trading volatility ETFs and ETNs. You can be sure that every time there’s a spike in new cases, deaths, and hospitalizations, it’ll be blared all over the major headlines, spiking fear even more.
Some of the top ways to trade volatility—yet again – include:
· ProShares Ultra VIX Short-Term Futures ETF (UVXY)
· VelocityShares Daily 2x VIX Short-Term ETN (TVIX)
· iPath S&P 500 VIX Short-Term Futures (VXX)