| Well, this week, we have three distinct catalysts... - The Fed's rhetoric: The Federal Reserve is set to make its next interest rate decision on Wednesday. This could be a large, market-moving event.
- Earnings: We have a full slate of earnings announcements this week, including Apple's (AAPL) on Thursday. Any of them could sway market sentiment.
- Jobs report: October's jobs numbers are scheduled to be released this Friday. These figures always give a sense of the strength (or weakness) of the economy.
Clearly, any of these items could trigger a bounce... But at the same time, they could also trigger another round of market selling pressure. Therefore, as we enter the "correction" phase of the market, it's smart to start looking at how to hedge in case the selling continues. Today, I'll offer you two of my best down-market hedge plays... - Bear Hedge #1: iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX). This is a volatility hedge that is designed to move up as the S&P 500 moves down.
- Bear Hedge #2: Utility plays like American Water Works (AWK) and Dominion Energy (D). In times of market uncertainty, traders tend to move into the most stable, consistent companies on Earth - including utilities. These names represent the ultimate safe haven plays.
YOUR ACTION PLAN If the market downside continues and the 10% correction turns into a full-blown avalanche of selling pressure, you have to be ready. Today's two bear market hedge plays offer you shelter in case the storm gets worse. And if you want to see how Karim and I use proven strategies to make consistent winning trades in any market, I recommend joining us in The War Room. Last week we had a 71% win rate, including a 23% gain on RTX (RTX) in one trading day. Click here to see how we use a proven timing pattern to generate wins in any market. | 
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