{"id":44973,"date":"2013-06-05T18:53:00","date_gmt":"2013-06-05T18:53:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-get-slammed-dow-dives-more-than-200-points-i-made-5000-profit\/44965\/"},"modified":"2024-08-25T18:10:32","modified_gmt":"2024-08-25T18:10:32","slug":"stocks-get-slammed-dow-dives-more-than-200-points-i-made-5000-profit","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-get-slammed-dow-dives-more-than-200-points-i-made-5000-profit\/44973\/","title":{"rendered":"Stocks Get Slammed, DOW Dives More Than 200 Points: I Made $5,000 Profit"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p style=\"text-align: justify;\"><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2013\/01\/jason-bond-picks1.jpg\" width=\"187\" height=\"262\"><\/a><span style=\"color: #000000;\">By Jason Bond of<\/span> <a href=\"http:\/\/www.jasonbondpicks.com\/\" target=\"_blank\" rel=\"noopener\">JasonBondPicks.com<\/a><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Stock markets around the world got rocked Wednesday.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">I&#8217;m cash into Thursday and up 36% in 2013.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">First the scoreboard:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #ff0000;\">Dow: 14,960, -216.9 pts, -1.4%<\/span><br \/>\n<span style=\"color: #ff0000;\"><a href=\"https:\/\/stockmarketwatch.com\/indices\/sp500\/today\" data-internallinksmanager029f6b8e52c=\"3\" title=\"snp500 today\">S&amp;P 500<\/a>: 1,608, -22.4 pts, -1.3%<\/span><br \/>\n<span style=\"color: #ff0000;\"><a href=\"https:\/\/thestockmarketwatch.com\/markets\/nasdaq\/today.aspx\">NASDAQ<\/a>: 3,401, -43.7 pts, -1.2%<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\">VIX: 17.50, +1.23 pts, +7.56%<\/span><\/p>\n<p style=\"text-align: center;\"><strong><span style=\"color: #000000;\">***<\/span> <a href=\"http:\/\/www.jasonbondpicks.com\/lp\/signup\" target=\"_blank\" rel=\"noopener\">JOIN MY FREE NEWSLETTER<\/a><span style=\"color: #000000;\"> ***<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Now let&#8217;s go back in time to Tuesday&#8217;s alert.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #008000;\"><b>Jason Bond<\/b>\u00a0:\u00a0Bought 10,000 UVXY at $6.46 (<em>Sent by email, text &amp; chat<\/em>)<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Later that evening I provided my rationale in my <strong>nightly open trade analysis<\/strong>.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">&#8220;<strong>UVXY<\/strong>\u00a0\u2013 10,000 at $6.46, currently $6.52. After 20 Tuesday\u2019s of the market advancing today\u2019s decline suggest we\u2019re going lower so I placed a bet on UVXY when the market made an attempt to go green with a squeeze into the close. I was sitting at $6.45 for 10-minutes and it touched my bid 2x but didn\u2019t fill so I flipped to a market order and took $6.46 before it moved up. Wednesday\u2019s calendar is packed with data none more important than the Beige book. If we hear anything about tapering I find it hard to believe the market advances and a lot of \u2018tapering\u2019 talk is being leaked which leads me to believe they\u2019re setting the stage to let Wall Street down softly. I\u2019m only looking to make $.20 \u2013 $.30 \/ share here but would be thrilled with something around $.50 if the market does fall apart Wednesday. Watch the VIX for direction and if the S&amp;P 500 falls a move to the 50 Moving Average is what I\u2019d like to see.&#8221;<\/span><\/p>\n<h1 style=\"text-align: center;\"><strong><span style=\"color: #000000;\">Wednesday&#8217;s Chart<\/span><\/strong><\/h1>\n<p><a href=\"http:\/\/www.jasonbondpicks.com\/lp\/sales\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-66883 aligncenter\" alt=\"uvxy\" src=\"https:\/\/web.archive.org\/web\/20130615032929im_\/http:\/\/www.jasonbondpicks.com\/wp-content\/uploads\/2013\/06\/uvxy.png\" width=\"500\" height=\"350\"><\/a><\/p>\n<h1 style=\"text-align: center;\"><span style=\"color: #000000;\">HAPPY CLIENTS<\/span><\/h1>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\">&#8220;UVXY made me $4,300&#8230; that&#8217;s good for me&#8230; Thanks JB.&#8221; ~ Clefo T.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #008000;\">&#8220;Out UVXY +$.43 thx so much jb!&#8221; ~ Debbie K<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\">&#8220;Out UVXY +$.18 <a href=\"https:\/\/stockmarketwatch.com\/movers\/premarket\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">premarket<\/a> just now for me.&#8221; ~ William S.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #008000;\">&#8220;Great call on UVXY yesterday JB.&#8221; ~ Greg L.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\">&#8220;Out UVXY @ $6.77 +$1,450 made my morning! ~ Thomas M.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #008000;\">&#8220;Out UVXY +5%, Thanks JB.&#8221; ~ Siddhartha C.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\">&#8220;UVXY sure isn&#8217;t easy to play and JB u stuck that one perfect.&#8221; ~ Paul P.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #008000;\">&#8220;Out UVXY $6.91 +$.43 FOR $4,300, THANKS JB.&#8221; ~ Michael D.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\">&#8220;Out UVXY +$5,830.&#8221; ~ Jay B.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #008000;\">&#8220;JB your gut call on UVXY keeps looking better and better.&#8221; ~ Mark W.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\">\u00a0&#8221;Out UVXY +$.45.&#8221; ~ Steven G.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"color: #008000;\">&#8220;Up $21,574 on UVXY today.&#8221; ~ Jay B.<\/span><\/p>\n<p><a href=\"http:\/\/www.jasonbondpicks.com\/lp\/sales\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-66887 aligncenter\" alt=\"make money (2)\" src=\"https:\/\/web.archive.org\/web\/20130615032929im_\/http:\/\/www.jasonbondpicks.com\/wp-content\/uploads\/2013\/06\/make-money-2.jpg\" width=\"397\" height=\"359\"><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>By Jason Bond of\u00a0<a href=\"http:\/\/www.jasonbondpicks.com\/\" target=\"_blank\" rel=\"noopener\">JasonBondPicks.com<\/a><\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20130615032929\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.4\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fstocks-get-slammed-dow-dives-more-than-200-points-i-made-5000-profit%2F44973&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n<script id=\"mNCC\" language=\"javascript\">  medianet_width='600';  medianet_height= '250';  medianet_crid='814932888';  <\/script>  <script id=\"mNSC\" src=\"https:\/\/web.archive.org\/web\/20130615032929js_\/http:\/\/contextual.media.net\/nmedianet.js?cid=8CUT71M67\" language=\"javascript\"><\/script> \n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/a-dozen-things-you-might-not-know-about-jason-bond-picks\/45167\">\nA Dozen Things You Might Not Know About Jason Bond Picks<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-get-slammed-dow-dives-more-than-200-points-i-made-5000-profit\/44973\">\nStocks Get Slammed, DOW Dives More Than 200 Points: I Made $5,000 Profit<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/zynga-cuts-fat-lowers-guidance-heres-whats-next\/44900\">\nZynga Cuts Fat, Lowers Guidance, Here&#8217;s What&#8217;s Next<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/more-pain-for-affymax-shareholders-nasdaqaffy-as-sneaky-delisting-filing-drops-stock\/44856\">\nMore Pain For Affymax Shareholders (NASDAQ:AFFY) As Sneaky Delisting Filing Drops Stock<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/how-to-make-10000-in-10-days\/44014\">\nHow To Make $10,000 In 10-Days<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/are-you-looking-for-a-new-job\/43693\">\nAre You Looking For A New Job?<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/7-hot-penny-stocks-under-3\/43515\">\n7 Hot Penny Stocks Under $3<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n.<\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Jason Bond <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nJason made his mark (and fortune) on Wall Street by spotting opportunities, pouncing and locking in those profits fast. His shares his strategies and winning swing trades at his website <a href=\"http:\/\/www.jasonbondpicks.com\/\" target=\"_blank\" rel=\"noopener\"><\/a>http:\/\/www.jasonbondpicks.com\/\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n\n<!--script type=\"text\/javascript\">\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\n<\/script>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script-->\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jason Bond of JasonBondPicks.com Stock markets around the world got rocked Wednesday. I&#8217;m cash into Thursday and up 36% [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6,3439],"tags":[],"class_list":["post-44973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch","category-forex"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/44973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=44973"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/44973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=44973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=44973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=44973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}