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One of the Worst Trades to Take
“Hedge funds have never been this long crude oil,” blared the headlines in February 2017.
By March 2017, oil would plunge from a high of $55 to $47.
“Hedge funds have never been as bearish as they are right now,” they blared in May 2016.
At the time, the Dow traded at 17,500. It’s now up to 20,884.
Crash Alert: How to Prep for the Next One
It was only a matter of time.
Mid-May 2017, the Dow Jones Industrials plunged 300 points in a day. People panicked. Investors leapt from trades. Stop losses were taken out. Fear gripped the markets, sending the Dow well under its 50-day moving average support line.
How Ransomware Creates Opportunity
We weren’t prepared.
And it’s very likely, we’re won’t be ready for the next one.
In early May 2017, it only took hours before 200,000 companies, hospitals, government agencies, and organization in more than 150 countries found their computer files held for ransom.
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