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.
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)